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丰田北美（MPAA）与Shoals Technologies Group, Inc.（SHLS）财务数据对比。点击上方公司名可切换其他公司
丰田北美的季度营收约是Shoals Technologies Group, Inc.的1.2倍（$167.7M vs $140.6M），丰田北美净利率更高（1.1% vs -0.2%，领先1.3%），Shoals Technologies Group, Inc.同比增速更快（74.9% vs -9.9%），过去两年Shoals Technologies Group, Inc.的营收复合增速更高（19.0% vs -5.9%）
丰田北美（TMNA）是丰田汽车旗下负责加拿大、墨西哥及美国全境业务的运营子公司，业务范围覆盖研发、生产制造、销售营销、售后及企业管理等板块，相关核心业务由TMNA统筹，部分板块由其他子公司及控股企业负责执行，公司总部位于得克萨斯州普莱诺，在肯塔基州乔治敦等多地设有分支机构。
Shoals科技集团是可再生能源及电动出行领域的电气系统平衡解决方案供应商，核心产品覆盖光伏、储能及充电桩用连接组件，主要服务北美、欧洲、亚太市场的公用事业、工商业及民用客户。
MPAA vs SHLS — 直观对比
营收规模更大
MPAA
是对方的1.2倍
$140.6M
营收增速更快
SHLS
高出84.8%
-9.9%
净利率更高
MPAA
高出1.3%
-0.2%
两年增速更快
SHLS
近两年复合增速
-5.9%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $167.7M | $140.6M |
| 净利润 | $1.8M | $-297.0K |
| 毛利率 | 19.6% | 29.2% |
| 营业利润率 | 5.0% | 5.5% |
| 净利率 | 1.1% | -0.2% |
| 营收同比 | -9.9% | 74.9% |
| 净利润同比 | -22.4% | -5.3% |
| 每股收益（稀释后） | $0.09 | $0.00 |
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MPAASHLS
| Q1 26 | — | $140.6M | ||
| Q4 25 | $167.7M | $148.3M | ||
| Q3 25 | $221.5M | $135.8M | ||
| Q2 25 | $188.4M | $110.8M | ||
| Q1 25 | $193.1M | $80.4M | ||
| Q4 24 | $186.2M | $107.0M | ||
| Q3 24 | $208.2M | $102.2M | ||
| Q2 24 | $169.9M | $99.2M |
净利润MPAASHLS
| Q1 26 | — | $-297.0K | ||
| Q4 25 | $1.8M | $8.1M | ||
| Q3 25 | $-2.1M | $11.9M | ||
| Q2 25 | $3.0M | $13.9M | ||
| Q1 25 | $-722.0K | $-282.0K | ||
| Q4 24 | $2.3M | $7.8M | ||
| Q3 24 | $-3.0M | $-267.0K | ||
| Q2 24 | $-18.1M | $11.8M |
毛利率MPAASHLS
| Q1 26 | — | 29.2% | ||
| Q4 25 | 19.6% | 31.6% | ||
| Q3 25 | 19.3% | 37.0% | ||
| Q2 25 | 18.0% | 37.2% | ||
| Q1 25 | 19.9% | 35.0% | ||
| Q4 24 | 24.1% | 37.6% | ||
| Q3 24 | 19.8% | 24.8% | ||
| Q2 24 | 17.2% | 40.3% |
营业利润率MPAASHLS
| Q1 26 | — | 5.5% | ||
| Q4 25 | 5.0% | 11.7% | ||
| Q3 25 | 7.4% | 13.7% | ||
| Q2 25 | 10.7% | 14.4% | ||
| Q1 25 | 8.4% | 5.4% | ||
| Q4 24 | 9.4% | 15.4% | ||
| Q3 24 | 6.0% | 4.4% | ||
| Q2 24 | -3.8% | 18.7% |
净利率MPAASHLS
| Q1 26 | — | -0.2% | ||
| Q4 25 | 1.1% | 5.5% | ||
| Q3 25 | -1.0% | 8.7% | ||
| Q2 25 | 1.6% | 12.5% | ||
| Q1 25 | -0.4% | -0.4% | ||
| Q4 24 | 1.2% | 7.3% | ||
| Q3 24 | -1.4% | -0.3% | ||
| Q2 24 | -10.6% | 11.9% |
每股收益（稀释后）MPAASHLS
| Q1 26 | — | $0.00 | ||
| Q4 25 | $0.09 | $0.05 | ||
| Q3 25 | $-0.11 | $0.07 | ||
| Q2 25 | $0.15 | $0.08 | ||
| Q1 25 | $-0.03 | $0.00 | ||
| Q4 24 | $0.11 | $0.04 | ||
| Q3 24 | $-0.15 | $0.00 | ||
| Q2 24 | $-0.92 | $0.07 |
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 | $19.6M | $1.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $258.5M | $601.6M |
| 总资产 | $991.3M | $1.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MPAASHLS
| Q1 26 | — | $1.9M | ||
| Q4 25 | $19.6M | $7.3M | ||
| Q3 25 | $17.7M | $8.6M | ||
| Q2 25 | $14.5M | $4.7M | ||
| Q1 25 | $11.3M | $35.6M | ||
| Q4 24 | $12.7M | $23.5M | ||
| Q3 24 | $12.3M | $11.1M | ||
| Q2 24 | $9.4M | $3.2M |
总债务MPAASHLS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $141.8M | ||
| Q4 24 | — | $141.8M | ||
| Q3 24 | — | $141.8M | ||
| Q2 24 | — | $146.8M |
股东权益MPAASHLS
| Q1 26 | — | $601.6M | ||
| Q4 25 | $258.5M | $600.0M | ||
| Q3 25 | $258.5M | $589.6M | ||
| Q2 25 | $260.1M | $575.4M | ||
| Q1 25 | $257.7M | $558.9M | ||
| Q4 24 | $262.7M | $556.8M | ||
| Q3 24 | $264.0M | $545.2M | ||
| Q2 24 | $267.2M | $544.6M |
总资产MPAASHLS
| Q1 26 | — | $1.0B | ||
| Q4 25 | $991.3M | $904.1M | ||
| Q3 25 | $990.0M | $851.8M | ||
| Q2 25 | $973.4M | $795.0M | ||
| Q1 25 | $957.6M | $788.4M | ||
| Q4 24 | $949.5M | $793.1M | ||
| Q3 24 | $986.2M | $801.3M | ||
| Q2 24 | $978.0M | $788.4M |
负债/权益比MPAASHLS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 0.25× | ||
| Q3 24 | — | 0.26× | ||
| Q2 24 | — | 0.27× |
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 | $-8.2M | — |
| 自由现金流经营现金流 - 资本支出 | $-8.6M | — |
| 自由现金流率自由现金流/营收 | -5.2% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 现金转化率经营现金流/净利润 | -4.63× | — |
| 过去12个月自由现金流最近4个季度 | $27.7M | — |
8季度趋势，按日历期对齐
经营现金流MPAASHLS
| Q1 26 | — | — | ||
| Q4 25 | $-8.2M | $-4.1M | ||
| Q3 25 | $21.9M | $19.4M | ||
| Q2 25 | $10.0M | $-13.8M | ||
| Q1 25 | $9.1M | $15.6M | ||
| Q4 24 | $34.4M | $14.0M | ||
| Q3 24 | $22.9M | $15.7M | ||
| Q2 24 | $-20.8M | $37.8M |
自由现金流MPAASHLS
| Q1 26 | — | — | ||
| Q4 25 | $-8.6M | $-11.3M | ||
| Q3 25 | $20.8M | $9.0M | ||
| Q2 25 | $9.2M | $-26.0M | ||
| Q1 25 | $6.2M | $12.3M | ||
| Q4 24 | $33.7M | $12.5M | ||
| Q3 24 | $22.3M | $13.3M | ||
| Q2 24 | $-21.3M | $35.8M |
自由现金流率MPAASHLS
| Q1 26 | — | — | ||
| Q4 25 | -5.2% | -7.6% | ||
| Q3 25 | 9.4% | 6.6% | ||
| Q2 25 | 4.9% | -23.5% | ||
| Q1 25 | 3.2% | 15.4% | ||
| Q4 24 | 18.1% | 11.6% | ||
| Q3 24 | 10.7% | 13.0% | ||
| Q2 24 | -12.6% | 36.1% |
资本支出强度MPAASHLS
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 4.8% | ||
| Q3 25 | 0.5% | 7.7% | ||
| Q2 25 | 0.4% | 11.0% | ||
| Q1 25 | 1.5% | 4.0% | ||
| Q4 24 | 0.4% | 1.4% | ||
| Q3 24 | 0.3% | 2.3% | ||
| Q2 24 | 0.3% | 2.0% |
现金转化率MPAASHLS
| Q1 26 | — | — | ||
| Q4 25 | -4.63× | -0.50× | ||
| Q3 25 | — | 1.63× | ||
| Q2 25 | 3.30× | -1.00× | ||
| Q1 25 | — | — | ||
| Q4 24 | 15.00× | 1.79× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.21× |
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
MPAA
| Reportable Segment Aggregation Before Other Operating Segment | $156.3M | 93% |
| Other | $11.4M | 7% |
SHLS
暂无分部数据
