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OUTFRONT Media Inc.（OUT）与ADVANCED DRAINAGE SYSTEMS, INC.（WMS）财务数据对比。点击上方公司名可切换其他公司
ADVANCED DRAINAGE SYSTEMS, INC.的季度营收约是OUTFRONT Media Inc.的1.4倍（$693.4M vs $513.3M），OUTFRONT Media Inc.净利率更高（18.9% vs 13.5%，领先5.4%），OUTFRONT Media Inc.同比增速更快（4.1% vs 0.4%），ADVANCED DRAINAGE SYSTEMS, INC.自由现金流更多（$183.6M vs $93.3M），过去两年OUTFRONT Media Inc.的营收复合增速更高（12.1% vs 3.0%）
OUTFRONT Media Inc.是一家美国广告企业，业务覆盖美国本土，由首席执行官Nick Brien领导美洲区业务，核心经营广告牌及公共交通展示广告两大业务板块，是户外广告领域的重要参与者。
Advanced Drainage Systems（简称ADS）是一家美国企业，主营聚丙烯、聚乙烯管材，塑料渗滤场系统、化粪池及配套配件、雨水调蓄设施、PVC排水构件、管件、水过滤与分离设备的设计、生产及销售，是美国规模最大的高密度聚乙烯管道生产商，总部位于俄亥俄州希利厄德。
OUT vs WMS — 直观对比
营收规模更大
WMS
是对方的1.4倍
$513.3M
营收增速更快
OUT
高出3.7%
0.4%
净利率更高
OUT
高出5.4%
13.5%
自由现金流更多
WMS
多$90.3M
$93.3M
两年增速更快
OUT
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $513.3M | $693.4M |
| 净利润 | $96.8M | $93.6M |
| 毛利率 | — | 37.4% |
| 营业利润率 | 26.0% | 19.7% |
| 净利率 | 18.9% | 13.5% |
| 营收同比 | 4.1% | 0.4% |
| 净利润同比 | 30.8% | 15.3% |
| 每股收益（稀释后） | $0.57 | $1.19 |
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OUTWMS
| Q4 25 | $513.3M | $693.4M | ||
| Q3 25 | $467.5M | $850.4M | ||
| Q2 25 | $460.2M | $829.9M | ||
| Q1 25 | $390.7M | $615.8M | ||
| Q4 24 | $493.2M | $690.5M | ||
| Q3 24 | $451.9M | $782.6M | ||
| Q2 24 | $477.3M | $815.3M | ||
| Q1 24 | $408.5M | $653.8M |
净利润OUTWMS
| Q4 25 | $96.8M | $93.6M | ||
| Q3 25 | $51.3M | $156.0M | ||
| Q2 25 | $19.5M | $143.9M | ||
| Q1 25 | $-20.6M | $77.2M | ||
| Q4 24 | $74.0M | $81.2M | ||
| Q3 24 | $34.6M | $130.4M | ||
| Q2 24 | $176.8M | $161.4M | ||
| Q1 24 | $-27.2M | $94.8M |
毛利率OUTWMS
| Q4 25 | — | 37.4% | ||
| Q3 25 | — | 40.0% | ||
| Q2 25 | — | 39.8% | ||
| Q1 25 | — | 36.7% | ||
| Q4 24 | — | 35.0% | ||
| Q3 24 | — | 37.6% | ||
| Q2 24 | — | 40.8% | ||
| Q1 24 | — | 38.5% |
营业利润率OUTWMS
| Q4 25 | 26.0% | 19.7% | ||
| Q3 25 | 19.2% | 26.3% | ||
| Q2 25 | 12.2% | 24.8% | ||
| Q1 25 | 3.6% | 19.0% | ||
| Q4 24 | 22.5% | 18.4% | ||
| Q3 24 | 15.8% | 23.9% | ||
| Q2 24 | 48.0% | 27.7% | ||
| Q1 24 | 3.4% | 20.7% |
净利率OUTWMS
| Q4 25 | 18.9% | 13.5% | ||
| Q3 25 | 11.0% | 18.3% | ||
| Q2 25 | 4.2% | 17.3% | ||
| Q1 25 | -5.3% | 12.5% | ||
| Q4 24 | 15.0% | 11.8% | ||
| Q3 24 | 7.7% | 16.7% | ||
| Q2 24 | 37.0% | 19.8% | ||
| Q1 24 | -6.7% | 14.5% |
每股收益（稀释后）OUTWMS
| Q4 25 | $0.57 | $1.19 | ||
| Q3 25 | $0.29 | $1.99 | ||
| Q2 25 | $0.10 | $1.84 | ||
| Q1 25 | $-0.14 | $0.99 | ||
| Q4 24 | $0.49 | $1.04 | ||
| Q3 24 | $0.19 | $1.67 | ||
| Q2 24 | $1.01 | $2.06 | ||
| Q1 24 | $-0.18 | $1.22 |
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 | $99.9M | $1.0B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $710.4M | $1.9B |
| 总资产 | $5.3B | $4.1B |
| 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OUTWMS
| Q4 25 | $99.9M | $1.0B | ||
| Q3 25 | $63.0M | $812.9M | ||
| Q2 25 | $28.5M | $638.3M | ||
| Q1 25 | $30.5M | $463.3M | ||
| Q4 24 | $46.9M | $488.9M | ||
| Q3 24 | $28.0M | $613.0M | ||
| Q2 24 | $49.6M | $541.6M | ||
| Q1 24 | $42.4M | $490.2M |
总债务OUTWMS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.3B |
股东权益OUTWMS
| Q4 25 | $710.4M | $1.9B | ||
| Q3 25 | $542.6M | $1.8B | ||
| Q2 25 | $539.1M | $1.7B | ||
| Q1 25 | $566.9M | $1.5B | ||
| Q4 24 | $649.0M | $1.5B | ||
| Q3 24 | $618.2M | $1.4B | ||
| Q2 24 | $664.9M | $1.3B | ||
| Q1 24 | $524.2M | $1.2B |
总资产OUTWMS
| Q4 25 | $5.3B | $4.1B | ||
| Q3 25 | $5.2B | $4.1B | ||
| Q2 25 | $5.1B | $3.9B | ||
| Q1 25 | $5.1B | $3.7B | ||
| Q4 24 | $5.2B | $3.6B | ||
| Q3 24 | $5.2B | $3.5B | ||
| Q2 24 | $5.3B | $3.4B | ||
| Q1 24 | $5.5B | $3.3B |
负债/权益比OUTWMS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.83× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.11× |
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 | $118.1M | $269.3M |
| 自由现金流经营现金流 - 资本支出 | $93.3M | $183.6M |
| 自由现金流率自由现金流/营收 | 18.2% | 26.5% |
| 资本支出强度资本支出/营收 | 4.8% | 12.4% |
| 现金转化率经营现金流/净利润 | 1.22× | 2.88× |
| 过去12个月自由现金流最近4个季度 | $218.8M | $577.1M |
8季度趋势，按日历期对齐
经营现金流OUTWMS
| Q4 25 | $118.1M | $269.3M | ||
| Q3 25 | $88.8M | $234.9M | ||
| Q2 25 | $67.1M | $275.0M | ||
| Q1 25 | $33.6M | $41.2M | ||
| Q4 24 | $124.5M | $189.9M | ||
| Q3 24 | $73.1M | $166.9M | ||
| Q2 24 | $71.0M | $183.4M | ||
| Q1 24 | $30.6M | $17.7M |
自由现金流OUTWMS
| Q4 25 | $93.3M | $183.6M | ||
| Q3 25 | $67.7M | $176.4M | ||
| Q2 25 | $41.4M | $222.4M | ||
| Q1 25 | $16.4M | $-5.3M | ||
| Q4 24 | $106.3M | $135.7M | ||
| Q3 24 | $55.5M | $112.4M | ||
| Q2 24 | $47.1M | $125.7M | ||
| Q1 24 | $12.2M | $-29.8M |
自由现金流率OUTWMS
| Q4 25 | 18.2% | 26.5% | ||
| Q3 25 | 14.5% | 20.7% | ||
| Q2 25 | 9.0% | 26.8% | ||
| Q1 25 | 4.2% | -0.9% | ||
| Q4 24 | 21.6% | 19.7% | ||
| Q3 24 | 12.3% | 14.4% | ||
| Q2 24 | 9.9% | 15.4% | ||
| Q1 24 | 3.0% | -4.6% |
资本支出强度OUTWMS
| Q4 25 | 4.8% | 12.4% | ||
| Q3 25 | 4.5% | 6.9% | ||
| Q2 25 | 5.6% | 6.3% | ||
| Q1 25 | 4.4% | 7.6% | ||
| Q4 24 | 3.7% | 7.9% | ||
| Q3 24 | 3.9% | 7.0% | ||
| Q2 24 | 5.0% | 7.1% | ||
| Q1 24 | 4.5% | 7.3% |
现金转化率OUTWMS
| Q4 25 | 1.22× | 2.88× | ||
| Q3 25 | 1.73× | 1.51× | ||
| Q2 25 | 3.44× | 1.91× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | 1.68× | 2.34× | ||
| Q3 24 | 2.11× | 1.28× | ||
| Q2 24 | 0.40× | 1.14× | ||
| Q1 24 | — | 0.19× |
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
OUT
| Static Displays | $236.3M | 46% |
| Other | $134.8M | 26% |
| Digital Displays | $125.3M | 24% |
| Other Revenues | $1.9M | 0% |
WMS
| Reportable Segment Aggregation Before Other Operating Segment | $557.3M | 80% |
| Other | $85.5M | 12% |
| Pipe | $35.5M | 5% |
| Allied Products And Other | $15.0M | 2% |
