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OneWater Marine Inc.（ONEW）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
OneWater Marine Inc.的季度营收约是GIBRALTAR INDUSTRIES, INC.的1.7倍（$380.6M vs $225.0M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 1.3%），过去两年GIBRALTAR INDUSTRIES, INC.的营收复合增速更高（-12.3% vs -16.2%）
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。
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。
ONEW vs ROCK — 直观对比
营收规模更大
ONEW
是对方的1.7倍
$225.0M
营收增速更快
ROCK
高出23.7%
1.3%
两年增速更快
ROCK
近两年复合增速
-16.2%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $380.6M | $225.0M |
| 净利润 | $-7.7M | — |
| 毛利率 | 23.5% | 25.3% |
| 营业利润率 | — | 7.9% |
| 净利率 | -2.0% | — |
| 营收同比 | 1.3% | 24.9% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-0.47 | — |
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ONEWROCK
| Q1 26 | $380.6M | — | ||
| Q4 25 | $380.6M | $225.0M | ||
| Q3 25 | $460.1M | $310.9M | ||
| Q2 25 | $552.9M | $309.5M | ||
| Q1 25 | $483.5M | $290.0M | ||
| Q4 24 | $375.8M | $180.1M | ||
| Q3 24 | $377.9M | $277.1M | ||
| Q2 24 | $542.4M | $273.6M |
净利润ONEWROCK
| Q1 26 | $-7.7M | — | ||
| Q4 25 | $-7.7M | — | ||
| Q3 25 | $-113.0M | $-89.1M | ||
| Q2 25 | $10.7M | $26.0M | ||
| Q1 25 | $-368.0K | $21.1M | ||
| Q4 24 | $-12.0M | — | ||
| Q3 24 | $-9.2M | $34.0M | ||
| Q2 24 | $14.7M | $32.2M |
毛利率ONEWROCK
| Q1 26 | 23.5% | — | ||
| Q4 25 | 23.5% | 25.3% | ||
| Q3 25 | 22.6% | 26.6% | ||
| Q2 25 | 23.3% | 28.4% | ||
| Q1 25 | 22.8% | 26.8% | ||
| Q4 24 | 22.4% | 29.0% | ||
| Q3 24 | 24.0% | 29.4% | ||
| Q2 24 | 24.4% | 30.5% |
营业利润率ONEWROCK
| Q1 26 | — | — | ||
| Q4 25 | -1.4% | 7.9% | ||
| Q3 25 | -28.3% | 12.8% | ||
| Q2 25 | 5.5% | 12.8% | ||
| Q1 25 | 3.4% | 8.8% | ||
| Q4 24 | -0.5% | 13.3% | ||
| Q3 24 | 1.2% | 15.6% | ||
| Q2 24 | 7.4% | 14.9% |
净利率ONEWROCK
| Q1 26 | -2.0% | — | ||
| Q4 25 | -2.0% | — | ||
| Q3 25 | -24.5% | -28.6% | ||
| Q2 25 | 1.9% | 8.4% | ||
| Q1 25 | -0.1% | 7.3% | ||
| Q4 24 | -3.2% | — | ||
| Q3 24 | -2.4% | 12.3% | ||
| Q2 24 | 2.7% | 11.8% |
每股收益（稀释后）ONEWROCK
| Q1 26 | $-0.47 | — | ||
| 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 | — | $115.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $277.5M | $950.4M |
| 总资产 | $1.4B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ONEWROCK
| Q1 26 | — | — | ||
| Q4 25 | — | $115.7M | ||
| Q3 25 | — | $89.4M | ||
| Q2 25 | — | $43.3M | ||
| Q1 25 | — | $25.1M | ||
| Q4 24 | — | $269.5M | ||
| Q3 24 | — | $228.9M | ||
| Q2 24 | — | $179.1M |
总债务ONEWROCK
| Q1 26 | — | — | ||
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 |
股东权益ONEWROCK
| Q1 26 | $277.5M | — | ||
| Q4 25 | $277.5M | $950.4M | ||
| Q3 25 | $285.0M | $951.8M | ||
| Q2 25 | $393.2M | $1.0B | ||
| Q1 25 | $381.6M | $1.0B | ||
| Q4 24 | $354.8M | $1.0B | ||
| Q3 24 | $360.8M | $1.0B | ||
| Q2 24 | $368.6M | $975.7M |
总资产ONEWROCK
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.6B | $1.4B | ||
| Q3 24 | $1.6B | $1.4B | ||
| Q2 24 | $1.6B | $1.4B |
负债/权益比ONEWROCK
| Q1 26 | — | — | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 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 | — | $35.5M |
| 自由现金流经营现金流 - 资本支出 | — | $26.2M |
| 自由现金流率自由现金流/营收 | — | 11.7% |
| 资本支出强度资本支出/营收 | — | 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 | — | $120.6M |
8季度趋势，按日历期对齐
经营现金流ONEWROCK
| Q1 26 | — | — | ||
| Q4 25 | $-76.3M | $35.5M | ||
| Q3 25 | $9.9M | $73.0M | ||
| Q2 25 | $90.8M | $44.9M | ||
| Q1 25 | $28.5M | $13.7M | ||
| Q4 24 | $-37.4M | $19.9M | ||
| Q3 24 | $27.3M | $64.7M | ||
| Q2 24 | $93.8M | $36.5M |
自由现金流ONEWROCK
| Q1 26 | — | — | ||
| Q4 25 | $-78.2M | $26.2M | ||
| Q3 25 | $7.2M | $64.8M | ||
| Q2 25 | $88.9M | $27.3M | ||
| Q1 25 | $23.7M | $2.3M | ||
| Q4 24 | $-40.0M | $14.1M | ||
| Q3 24 | $23.2M | $60.5M | ||
| Q2 24 | $86.9M | $33.5M |
自由现金流率ONEWROCK
| Q1 26 | — | — | ||
| Q4 25 | -20.6% | 11.7% | ||
| Q3 25 | 1.6% | 20.8% | ||
| Q2 25 | 16.1% | 8.8% | ||
| Q1 25 | 4.9% | 0.8% | ||
| Q4 24 | -10.7% | 7.8% | ||
| Q3 24 | 6.1% | 21.8% | ||
| Q2 24 | 16.0% | 12.2% |
资本支出强度ONEWROCK
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 4.1% | ||
| Q3 25 | 0.6% | 2.6% | ||
| Q2 25 | 0.4% | 5.7% | ||
| Q1 25 | 1.0% | 3.9% | ||
| Q4 24 | 0.7% | 3.3% | ||
| Q3 24 | 1.1% | 1.5% | ||
| Q2 24 | 1.3% | 1.1% |
现金转化率ONEWROCK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 8.47× | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | 6.39× | 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
ONEW
| New boat | $233.3M | 61% |
| Pre-owned boat | $70.4M | 19% |
| Service, parts & other | $68.0M | 18% |
| Finance & insurance income | $8.9M | 2% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
