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JOHNSON OUTDOORS INC（JOUT）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是JOHNSON OUTDOORS INC的1.6倍（$225.0M vs $140.9M），JOHNSON OUTDOORS INC同比增速更快（30.9% vs 24.9%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $-42.7M），过去两年JOHNSON OUTDOORS INC的营收复合增速更高（-10.5% vs -12.3%）
强生户外公司（Johnson Outdoors）主营水上载具、潜水装备、露营用具、户外服饰等户外休闲用品的研发生产，业务网点遍布全球24个地区，现有员工约1400人，年销售额超3.15亿美元，自1999年起由海伦·约翰逊-莱波尔德执掌公司。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
JOUT vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.6倍
$140.9M
营收增速更快
JOUT
高出6.0%
24.9%
自由现金流更多
ROCK
多$68.9M
$-42.7M
两年增速更快
JOUT
近两年复合增速
-12.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $140.9M | $225.0M |
| 净利润 | $-3.3M | — |
| 毛利率 | 36.6% | 25.3% |
| 营业利润率 | -2.1% | 7.9% |
| 净利率 | -2.3% | — |
| 营收同比 | 30.9% | 24.9% |
| 净利润同比 | 78.4% | — |
| 每股收益（稀释后） | — | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收JOUTROCK
| Q1 26 | $140.9M | — | ||
| Q4 25 | $135.8M | $225.0M | ||
| Q3 25 | — | $310.9M | ||
| Q2 25 | $180.7M | $309.5M | ||
| Q1 25 | $168.3M | $290.0M | ||
| Q4 24 | $107.6M | $180.1M | ||
| Q3 24 | $105.9M | $277.1M | ||
| Q2 24 | $172.5M | $273.6M |
净利润JOUTROCK
| Q1 26 | $-3.3M | — | ||
| Q4 25 | $-29.1M | — | ||
| Q3 25 | — | $-89.1M | ||
| Q2 25 | $7.7M | $26.0M | ||
| Q1 25 | $2.3M | $21.1M | ||
| Q4 24 | $-15.3M | — | ||
| Q3 24 | $-34.3M | $34.0M | ||
| Q2 24 | $1.6M | $32.2M |
毛利率JOUTROCK
| Q1 26 | 36.6% | — | ||
| Q4 25 | 36.2% | 25.3% | ||
| Q3 25 | — | 26.6% | ||
| Q2 25 | 37.6% | 28.4% | ||
| Q1 25 | 35.0% | 26.8% | ||
| Q4 24 | 29.9% | 29.0% | ||
| Q3 24 | 23.5% | 29.4% | ||
| Q2 24 | 35.8% | 30.5% |
营业利润率JOUTROCK
| Q1 26 | -2.1% | — | ||
| Q4 25 | -6.0% | 7.9% | ||
| Q3 25 | — | 12.8% | ||
| Q2 25 | 4.1% | 12.8% | ||
| Q1 25 | 2.9% | 8.8% | ||
| Q4 24 | -18.8% | 13.3% | ||
| Q3 24 | -40.4% | 15.6% | ||
| Q2 24 | -0.3% | 14.9% |
净利率JOUTROCK
| Q1 26 | -2.3% | — | ||
| Q4 25 | -21.4% | — | ||
| Q3 25 | — | -28.6% | ||
| Q2 25 | 4.3% | 8.4% | ||
| Q1 25 | 1.4% | 7.3% | ||
| Q4 24 | -14.2% | — | ||
| Q3 24 | -32.4% | 12.3% | ||
| Q2 24 | 0.9% | 11.8% |
每股收益（稀释后）JOUTROCK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $-2.98 | ||
| Q2 25 | — | $0.87 | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.11 | ||
| Q2 24 | — | $1.05 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $130.7M | $115.7M |
| 总债务越低越好 | $0 | $0 |
| 股东权益账面价值 | $413.5M | $950.4M |
| 总资产 | $600.1M | $1.4B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资JOUTROCK
| Q1 26 | $130.7M | — | ||
| Q4 25 | $176.4M | $115.7M | ||
| Q3 25 | — | $89.4M | ||
| Q2 25 | $161.0M | $43.3M | ||
| Q1 25 | $94.0M | $25.1M | ||
| Q4 24 | $101.6M | $269.5M | ||
| Q3 24 | $162.0M | $228.9M | ||
| Q2 24 | $148.4M | $179.1M |
总债务JOUTROCK
| Q1 26 | $0 | — | ||
| Q4 25 | $0 | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | $0 | $0 | ||
| Q1 25 | $0 | $0 | ||
| Q4 24 | $0 | $0 | ||
| Q3 24 | $0 | $0 | ||
| Q2 24 | $0 | $0 |
股东权益JOUTROCK
| Q1 26 | $413.5M | — | ||
| Q4 25 | $418.4M | $950.4M | ||
| Q3 25 | — | $951.8M | ||
| Q2 25 | $450.5M | $1.0B | ||
| Q1 25 | $441.1M | $1.0B | ||
| Q4 24 | $440.3M | $1.0B | ||
| Q3 24 | $463.4M | $1.0B | ||
| Q2 24 | $498.7M | $975.7M |
总资产JOUTROCK
| Q1 26 | $600.1M | — | ||
| Q4 25 | $604.1M | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $634.5M | $1.5B | ||
| Q1 25 | $624.5M | $1.4B | ||
| Q4 24 | $612.9M | $1.4B | ||
| Q3 24 | $635.2M | $1.4B | ||
| Q2 24 | $679.8M | $1.4B |
负债/权益比JOUTROCK
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.00× | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | 0.00× | 0.00× | ||
| Q1 25 | 0.00× | 0.00× | ||
| Q4 24 | 0.00× | 0.00× | ||
| Q3 24 | 0.00× | 0.00× | ||
| Q2 24 | 0.00× | 0.00× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-38.4M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $-42.7M | $26.2M |
| 自由现金流率自由现金流/营收 | -30.3% | 11.7% |
| 资本支出强度资本支出/营收 | 3.0% | 4.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $38.5M | $120.6M |
8季度趋势，按日历期对齐
经营现金流JOUTROCK
| Q1 26 | $-38.4M | — | ||
| Q4 25 | $23.4M | $35.5M | ||
| Q3 25 | — | $73.0M | ||
| Q2 25 | $71.4M | $44.9M | ||
| Q1 25 | $-1.7M | $13.7M | ||
| Q4 24 | $-36.9M | $19.9M | ||
| Q3 24 | $19.1M | $64.7M | ||
| Q2 24 | $73.7M | $36.5M |
自由现金流JOUTROCK
| Q1 26 | $-42.7M | — | ||
| Q4 25 | $19.2M | $26.2M | ||
| Q3 25 | — | $64.8M | ||
| Q2 25 | $66.9M | $27.3M | ||
| Q1 25 | $-5.0M | $2.3M | ||
| Q4 24 | $-41.0M | $14.1M | ||
| Q3 24 | $13.5M | $60.5M | ||
| Q2 24 | $67.4M | $33.5M |
自由现金流率JOUTROCK
| Q1 26 | -30.3% | — | ||
| Q4 25 | 14.2% | 11.7% | ||
| Q3 25 | — | 20.8% | ||
| Q2 25 | 37.0% | 8.8% | ||
| Q1 25 | -2.9% | 0.8% | ||
| Q4 24 | -38.1% | 7.8% | ||
| Q3 24 | 12.8% | 21.8% | ||
| Q2 24 | 39.1% | 12.2% |
资本支出强度JOUTROCK
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.1% | 4.1% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | 2.5% | 5.7% | ||
| Q1 25 | 2.0% | 3.9% | ||
| Q4 24 | 3.8% | 3.3% | ||
| Q3 24 | 5.3% | 1.5% | ||
| Q2 24 | 3.6% | 1.1% |
现金转化率JOUTROCK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 9.22× | 1.73× | ||
| Q1 25 | -0.72× | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | 45.41× | 1.13× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
JOUT
| Fishing Segment | $112.1M | 80% |
| Diving Segment | $18.0M | 13% |
| Camping Watercraft Recreation Segment | $10.6M | 8% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
