vs
欧文斯科宁（OC）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
欧文斯科宁的季度营收约是Rivian Automotive, Inc.的1.7倍（$2.1B vs $1.3B），欧文斯科宁净利率更高（-13.9% vs -63.1%，领先49.2%），欧文斯科宁同比增速更快（-24.6% vs -25.8%），欧文斯科宁自由现金流更多（$333.0M vs $-1.1B），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% vs -3.5%）
欧文斯科宁是美国知名建材及复合材料企业，1935年由康宁玻璃厂与欧文斯-伊利诺伊公司合资组建。主营保温材料、屋面材料、玻璃纤维复合材料及相关产品，是全球最大的玻璃纤维复合材料生产商，全球员工约1.9万人，自1955年《财富》500强榜单创立以来连年上榜。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
OC vs RIVN — 直观对比
营收规模更大
OC
是对方的1.7倍
$1.3B
营收增速更快
OC
高出1.3%
-25.8%
净利率更高
OC
高出49.2%
-63.1%
自由现金流更多
OC
多$1.5B
$-1.1B
两年增速更快
RIVN
近两年复合增速
-3.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.3B |
| 净利润 | $-298.0M | $-811.0M |
| 毛利率 | 23.2% | 9.3% |
| 营业利润率 | -10.5% | -64.8% |
| 净利率 | -13.9% | -63.1% |
| 营收同比 | -24.6% | -25.8% |
| 净利润同比 | -15.5% | -9.0% |
| 每股收益（稀释后） | $-3.47 | $-0.66 |
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OCRIVN
| Q4 25 | $2.1B | $1.3B | ||
| Q3 25 | $2.7B | $1.6B | ||
| Q2 25 | $2.7B | $1.3B | ||
| Q1 25 | $2.5B | $1.2B | ||
| Q4 24 | $2.8B | $1.7B | ||
| Q3 24 | $3.0B | $874.0M | ||
| Q2 24 | $2.8B | $1.2B | ||
| Q1 24 | $2.3B | $1.2B |
净利润OCRIVN
| Q4 25 | $-298.0M | $-811.0M | ||
| Q3 25 | $-494.0M | $-1.2B | ||
| Q2 25 | $363.0M | $-1.1B | ||
| Q1 25 | $-93.0M | $-545.0M | ||
| Q4 24 | $-258.0M | $-744.0M | ||
| Q3 24 | $321.0M | $-1.1B | ||
| Q2 24 | $285.0M | $-1.5B | ||
| Q1 24 | $299.0M | $-1.4B |
毛利率OCRIVN
| Q4 25 | 23.2% | 9.3% | ||
| Q3 25 | 28.2% | 1.5% | ||
| Q2 25 | 31.2% | -15.8% | ||
| Q1 25 | 28.7% | 16.6% | ||
| Q4 24 | 28.1% | 9.8% | ||
| Q3 24 | 29.8% | -44.9% | ||
| Q2 24 | 31.1% | -38.9% | ||
| Q1 24 | 29.6% | -43.8% |
营业利润率OCRIVN
| Q4 25 | -10.5% | -64.8% | ||
| Q3 25 | -12.2% | -63.1% | ||
| Q2 25 | 18.4% | -85.5% | ||
| Q1 25 | 16.1% | -52.8% | ||
| Q4 24 | -8.5% | -38.1% | ||
| Q3 24 | 16.7% | -133.8% | ||
| Q2 24 | 16.4% | -118.7% | ||
| Q1 24 | 17.5% | -123.3% |
净利率OCRIVN
| Q4 25 | -13.9% | -63.1% | ||
| Q3 25 | -18.4% | -75.3% | ||
| Q2 25 | 13.2% | -85.7% | ||
| Q1 25 | -3.7% | -44.0% | ||
| Q4 24 | -9.1% | -42.9% | ||
| Q3 24 | 10.5% | -125.9% | ||
| Q2 24 | 10.2% | -125.8% | ||
| Q1 24 | 13.0% | -120.1% |
每股收益（稀释后）OCRIVN
| Q4 25 | $-3.47 | $-0.66 | ||
| Q3 25 | $-5.92 | $-0.96 | ||
| Q2 25 | $4.25 | $-0.97 | ||
| Q1 25 | $-1.08 | $-0.48 | ||
| Q4 24 | $-2.92 | $-0.67 | ||
| Q3 24 | $3.65 | $-1.08 | ||
| Q2 24 | $3.24 | $-1.46 | ||
| Q1 24 | $3.40 | $-1.48 |
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 | $345.0M | $6.1B |
| 总债务越低越好 | $4.7B | — |
| 股东权益账面价值 | $3.9B | $4.6B |
| 总资产 | $13.0B | $14.9B |
| 负债/权益比越低杠杆越低 | 1.22× | — |
8季度趋势，按日历期对齐
现金及短期投资OCRIVN
| Q4 25 | $345.0M | $6.1B | ||
| Q3 25 | $286.0M | $7.1B | ||
| Q2 25 | $230.0M | $7.5B | ||
| Q1 25 | $400.0M | $7.2B | ||
| Q4 24 | $361.0M | $7.7B | ||
| Q3 24 | $499.0M | $6.7B | ||
| Q2 24 | $254.0M | $7.9B | ||
| Q1 24 | $1.3B | $7.9B |
总债务OCRIVN
| Q4 25 | $4.7B | — | ||
| Q3 25 | $4.7B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.0B | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.0B | — | ||
| Q2 24 | $5.0B | $5.5B | ||
| Q1 24 | $2.6B | $4.4B |
股东权益OCRIVN
| Q4 25 | $3.9B | $4.6B | ||
| Q3 25 | $4.4B | $5.1B | ||
| Q2 25 | $5.2B | $6.1B | ||
| Q1 25 | $4.9B | $6.2B | ||
| Q4 24 | $5.1B | $6.6B | ||
| Q3 24 | $5.6B | $5.9B | ||
| Q2 24 | $5.5B | $6.8B | ||
| Q1 24 | $5.2B | $8.1B |
总资产OCRIVN
| Q4 25 | $13.0B | $14.9B | ||
| Q3 25 | $13.5B | $15.2B | ||
| Q2 25 | $14.5B | $15.6B | ||
| Q1 25 | $14.3B | $15.5B | ||
| Q4 24 | $14.1B | $15.4B | ||
| Q3 24 | $15.1B | $14.3B | ||
| Q2 24 | $15.0B | $15.4B | ||
| Q1 24 | $11.3B | $15.7B |
负债/权益比OCRIVN
| Q4 25 | 1.22× | — | ||
| Q3 25 | 1.06× | — | ||
| Q2 25 | 0.98× | — | ||
| Q1 25 | 1.03× | — | ||
| Q4 24 | 1.01× | — | ||
| Q3 24 | 0.89× | — | ||
| Q2 24 | 0.92× | 0.81× | ||
| Q1 24 | 0.51× | 0.55× |
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 | $590.0M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $333.0M | $-1.1B |
| 自由现金流率自由现金流/营收 | 15.5% | -89.0% |
| 资本支出强度资本支出/营收 | 12.0% | 36.0% |
| 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 | $962.0M | $-2.5B |
8季度趋势，按日历期对齐
经营现金流OCRIVN
| Q4 25 | $590.0M | $-681.0M | ||
| Q3 25 | $918.0M | $26.0M | ||
| Q2 25 | $327.0M | $64.0M | ||
| Q1 25 | $-49.0M | $-188.0M | ||
| Q4 24 | $676.0M | $1.2B | ||
| Q3 24 | $699.0M | $-876.0M | ||
| Q2 24 | $493.0M | $-754.0M | ||
| Q1 24 | $24.0M | $-1.3B |
自由现金流OCRIVN
| Q4 25 | $333.0M | $-1.1B | ||
| Q3 25 | $752.0M | $-421.0M | ||
| Q2 25 | $129.0M | $-398.0M | ||
| Q1 25 | $-252.0M | $-526.0M | ||
| Q4 24 | $479.0M | $856.0M | ||
| Q3 24 | $558.0M | $-1.2B | ||
| Q2 24 | $336.0M | $-1.0B | ||
| Q1 24 | $-128.0M | $-1.5B |
自由现金流率OCRIVN
| Q4 25 | 15.5% | -89.0% | ||
| Q3 25 | 28.0% | -27.0% | ||
| Q2 25 | 4.7% | -30.5% | ||
| Q1 25 | -10.0% | -42.4% | ||
| Q4 24 | 16.9% | 49.4% | ||
| Q3 24 | 18.3% | -131.9% | ||
| Q2 24 | 12.0% | -89.6% | ||
| Q1 24 | -5.6% | -126.5% |
资本支出强度OCRIVN
| Q4 25 | 12.0% | 36.0% | ||
| Q3 25 | 6.2% | 28.7% | ||
| Q2 25 | 7.2% | 35.5% | ||
| Q1 25 | 8.0% | 27.3% | ||
| Q4 24 | 6.9% | 18.9% | ||
| Q3 24 | 4.6% | 31.7% | ||
| Q2 24 | 5.6% | 24.4% | ||
| Q1 24 | 6.6% | 21.1% |
现金转化率OCRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 1.73× | — | ||
| Q1 24 | 0.08× | — |
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
OC
| Insulation | $724.0M | 34% |
| Residential | $625.0M | 29% |
| Doors | $427.0M | 20% |
| Discontinued Operations Disposed Of By Sale | $299.0M | 14% |
| Commercial And Industrial Sector | $101.0M | 5% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
