vs
OneWater Marine Inc.（ONEW）与Ultragenyx Pharmaceutical Inc.（RARE）财务数据对比。点击上方公司名可切换其他公司
OneWater Marine Inc.的季度营收约是Ultragenyx Pharmaceutical Inc.的2.1倍（$442.3M vs $207.3M），OneWater Marine Inc.净利率更高（-2.9% vs -62.0%，领先59.1%），Ultragenyx Pharmaceutical Inc.同比增速更快（25.9% vs -8.5%），过去两年Ultragenyx Pharmaceutical Inc.的营收复合增速更高（38.0% vs 8.2%）
OneWater Marine Inc.是美国头部休闲船舶零售企业，主营全新及二手船只、游艇、船舶零配件销售，同时提供船只维修保养、配套融资等服务，通过覆盖北美多州的经销商网络服务个人及商业休闲船艇客户。
Ultragenyx Pharmaceutical Inc.是一家总部位于美国的生物制药企业，专注于研发罕见病和超罕见遗传病的创新治疗方案，这类疾病目前大多无获批疗法，存在大量未被满足的临床需求。公司覆盖生物制剂、小分子药物、基因疗法、反义寡核苷酸及mRNA等多种药物技术平台，研发管线涵盖骨骼、内分泌、代谢、肌肉及中枢神经系统疾病领域。
ONEW vs RARE — 直观对比
营收规模更大
ONEW
是对方的2.1倍
$207.3M
营收增速更快
RARE
高出34.4%
-8.5%
净利率更高
ONEW
高出59.1%
-62.0%
两年增速更快
RARE
近两年复合增速
8.2%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $442.3M | $207.3M |
| 净利润 | $-12.9M | $-128.6M |
| 毛利率 | 23.9% | — |
| 营业利润率 | 1.7% | -54.7% |
| 净利率 | -2.9% | -62.0% |
| 营收同比 | -8.5% | 25.9% |
| 净利润同比 | — | 3.5% |
| 每股收益（稀释后） | $-0.78 | $-1.28 |
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ONEWRARE
| Q2 26 | $442.3M | — | ||
| Q1 26 | $380.6M | — | ||
| Q4 25 | $380.6M | $207.3M | ||
| Q3 25 | $460.1M | $159.9M | ||
| Q2 25 | $552.9M | $166.5M | ||
| Q1 25 | $483.5M | $139.3M | ||
| Q4 24 | $375.8M | $164.6M | ||
| Q3 24 | $377.9M | $139.5M |
净利润ONEWRARE
| Q2 26 | $-12.9M | — | ||
| Q1 26 | $-7.7M | — | ||
| Q4 25 | $-7.7M | $-128.6M | ||
| Q3 25 | $-113.0M | $-180.4M | ||
| Q2 25 | $10.7M | $-115.0M | ||
| Q1 25 | $-368.0K | $-151.1M | ||
| Q4 24 | $-12.0M | $-133.2M | ||
| Q3 24 | $-9.2M | $-133.5M |
毛利率ONEWRARE
| Q2 26 | 23.9% | — | ||
| Q1 26 | 23.5% | — | ||
| Q4 25 | 23.5% | — | ||
| Q3 25 | 22.6% | — | ||
| Q2 25 | 23.3% | — | ||
| Q1 25 | 22.8% | — | ||
| Q4 24 | 22.4% | — | ||
| Q3 24 | 24.0% | — |
营业利润率ONEWRARE
| Q2 26 | 1.7% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | -1.4% | -54.7% | ||
| Q3 25 | -28.3% | -106.9% | ||
| Q2 25 | 5.5% | -64.8% | ||
| Q1 25 | 3.4% | -102.6% | ||
| Q4 24 | -0.5% | -74.3% | ||
| Q3 24 | 1.2% | -94.6% |
净利率ONEWRARE
| Q2 26 | -2.9% | — | ||
| Q1 26 | -2.0% | — | ||
| Q4 25 | -2.0% | -62.0% | ||
| Q3 25 | -24.5% | -112.8% | ||
| Q2 25 | 1.9% | -69.0% | ||
| Q1 25 | -0.1% | -108.5% | ||
| Q4 24 | -3.2% | -80.9% | ||
| Q3 24 | -2.4% | -95.7% |
每股收益（稀释后）ONEWRARE
| Q2 26 | $-0.78 | — | ||
| Q1 26 | $-0.47 | — | ||
| Q4 25 | — | $-1.28 | ||
| Q3 25 | — | $-1.81 | ||
| Q2 25 | — | $-1.17 | ||
| Q1 25 | — | $-1.57 | ||
| Q4 24 | — | $-1.34 | ||
| Q3 24 | — | $-1.40 |
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 | — | $421.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $269.4M | $-80.0M |
| 总资产 | $1.4B | $1.5B |
| 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ONEWRARE
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $421.0M | ||
| Q3 25 | — | $202.5M | ||
| Q2 25 | — | $176.3M | ||
| Q1 25 | — | $127.1M | ||
| Q4 24 | — | $174.0M | ||
| Q3 24 | — | $150.6M |
股东权益ONEWRARE
| Q2 26 | $269.4M | — | ||
| Q1 26 | $277.5M | — | ||
| Q4 25 | $277.5M | $-80.0M | ||
| Q3 25 | $285.0M | $9.2M | ||
| Q2 25 | $393.2M | $151.3M | ||
| Q1 25 | $381.6M | $144.2M | ||
| Q4 24 | $354.8M | $255.0M | ||
| Q3 24 | $360.8M | $346.8M |
总资产ONEWRARE
| Q2 26 | $1.4B | — | ||
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | $1.6B | $1.5B | ||
| Q3 24 | $1.6B | $1.5B |
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 | — | $-99.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-100.8M |
| 自由现金流率自由现金流/营收 | — | -48.6% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 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 | — | $-472.0M |
8季度趋势，按日历期对齐
经营现金流ONEWRARE
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $-76.3M | $-99.8M | ||
| Q3 25 | $9.9M | $-91.4M | ||
| Q2 25 | $90.8M | $-108.3M | ||
| Q1 25 | $28.5M | $-166.5M | ||
| Q4 24 | $-37.4M | $-79.3M | ||
| Q3 24 | $27.3M | $-67.0M |
自由现金流ONEWRARE
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $-78.2M | $-100.8M | ||
| Q3 25 | $7.2M | $-92.7M | ||
| Q2 25 | $88.9M | $-110.7M | ||
| Q1 25 | $23.7M | $-167.8M | ||
| Q4 24 | $-40.0M | $-79.5M | ||
| Q3 24 | $23.2M | $-68.6M |
自由现金流率ONEWRARE
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | -20.6% | -48.6% | ||
| Q3 25 | 1.6% | -58.0% | ||
| Q2 25 | 16.1% | -66.5% | ||
| Q1 25 | 4.9% | -120.5% | ||
| Q4 24 | -10.7% | -48.3% | ||
| Q3 24 | 6.1% | -49.2% |
资本支出强度ONEWRARE
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 0.5% | ||
| Q3 25 | 0.6% | 0.8% | ||
| Q2 25 | 0.4% | 1.5% | ||
| Q1 25 | 1.0% | 1.0% | ||
| Q4 24 | 0.7% | 0.1% | ||
| Q3 24 | 1.1% | 1.2% |
现金转化率ONEWRARE
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 8.47× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — |
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
ONEW
| New boat | $272.0M | 62% |
| Pre-owned boat | $94.4M | 21% |
| Service, parts & other | $61.9M | 14% |
| Finance & insurance income | $14.0M | 3% |
RARE
| Royalty | $105.6M | 51% |
| Products | $101.7M | 49% |
