vs
Ranpak Holdings Corp.（PACK）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
通用动力的季度营收约是Ranpak Holdings Corp.的2.0倍（$184.5M vs $93.7M），通用动力同比增速更快（28.6% vs 2.3%），过去两年通用动力的营收复合增速更高（38.9% vs 13.7%）
Ranpak Holdings Corp.主营生产防护纸质包装设备与纸制品，可为电商及各行业货品运输提供纸质缓冲包装方案，同时也供应自动化包装解决方案。公司总部位于美国俄亥俄州康科德，在美国本土多个州、捷克、荷兰、中国上海及新加坡均设有生产基地与办公室，产品可用于包裹缠绕、缓冲填隙、冷链运输等多种场景。
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
PACK vs PLOW — 直观对比
营收规模更大
PLOW
是对方的2.0倍
$93.7M
营收增速更快
PLOW
高出26.3%
2.3%
两年增速更快
PLOW
近两年复合增速
13.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $93.7M | $184.5M |
| 净利润 | — | $12.8M |
| 毛利率 | 39.0% | 26.1% |
| 营业利润率 | -1.0% | 10.5% |
| 净利率 | — | 7.0% |
| 营收同比 | 2.3% | 28.6% |
| 净利润同比 | — | 62.3% |
| 每股收益（稀释后） | $-0.11 | $0.54 |
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PACKPLOW
| Q4 25 | $93.7M | $184.5M | ||
| Q3 25 | $83.6M | $162.1M | ||
| Q2 25 | $77.8M | $194.3M | ||
| Q1 25 | $77.6M | $115.1M | ||
| Q4 24 | $91.6M | $143.5M | ||
| Q3 24 | $78.6M | $129.4M | ||
| Q2 24 | $72.8M | $199.9M | ||
| Q1 24 | $72.5M | $95.7M |
净利润PACKPLOW
| Q4 25 | — | $12.8M | ||
| Q3 25 | $-10.4M | $8.0M | ||
| Q2 25 | $-7.5M | $26.0M | ||
| Q1 25 | $-10.9M | $148.0K | ||
| Q4 24 | — | $7.9M | ||
| Q3 24 | $-8.1M | $32.3M | ||
| Q2 24 | $5.5M | $24.3M | ||
| Q1 24 | $-8.1M | $-8.4M |
毛利率PACKPLOW
| Q4 25 | 39.0% | 26.1% | ||
| Q3 25 | 41.1% | 23.5% | ||
| Q2 25 | 37.1% | 31.0% | ||
| Q1 25 | 39.8% | 24.5% | ||
| Q4 24 | 45.2% | 24.9% | ||
| Q3 24 | 43.8% | 23.9% | ||
| Q2 24 | 43.5% | 30.7% | ||
| Q1 24 | 44.6% | 19.8% |
营业利润率PACKPLOW
| Q4 25 | -1.0% | 10.5% | ||
| Q3 25 | -6.8% | 8.7% | ||
| Q2 25 | -12.5% | 19.0% | ||
| Q1 25 | -10.3% | 2.8% | ||
| Q4 24 | 1.5% | 9.0% | ||
| Q3 24 | -5.3% | 35.4% | ||
| Q2 24 | -7.1% | 18.2% | ||
| Q1 24 | -6.6% | -6.7% |
净利率PACKPLOW
| Q4 25 | — | 7.0% | ||
| Q3 25 | -12.4% | 4.9% | ||
| Q2 25 | -9.6% | 13.4% | ||
| Q1 25 | -14.0% | 0.1% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | -10.3% | 24.9% | ||
| Q2 24 | 7.6% | 12.2% | ||
| Q1 24 | -11.2% | -8.7% |
每股收益（稀释后）PACKPLOW
| Q4 25 | $-0.11 | $0.54 | ||
| Q3 25 | $-0.12 | $0.33 | ||
| Q2 25 | $-0.09 | $1.09 | ||
| Q1 25 | $-0.13 | $0.00 | ||
| Q4 24 | $-0.13 | $0.35 | ||
| Q3 24 | $-0.10 | $1.36 | ||
| Q2 24 | $0.07 | $1.02 | ||
| Q1 24 | $-0.10 | $-0.37 |
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 | $63.0M | — |
| 总债务越低越好 | $401.9M | $144.0M |
| 股东权益账面价值 | $534.9M | $281.4M |
| 总资产 | $1.1B | $626.7M |
| 负债/权益比越低杠杆越低 | 0.75× | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资PACKPLOW
| Q4 25 | $63.0M | — | ||
| Q3 25 | $49.9M | — | ||
| Q2 25 | $49.2M | — | ||
| Q1 25 | $65.5M | — | ||
| Q4 24 | $76.1M | — | ||
| Q3 24 | $69.5M | — | ||
| Q2 24 | $65.1M | — | ||
| Q1 24 | $55.1M | — |
总债务PACKPLOW
| Q4 25 | $401.9M | $144.0M | ||
| Q3 25 | $403.1M | — | ||
| Q2 25 | $403.1M | — | ||
| Q1 25 | $405.2M | — | ||
| Q4 24 | $406.4M | $147.5M | ||
| Q3 24 | $403.2M | — | ||
| Q2 24 | $396.1M | — | ||
| Q1 24 | $396.7M | — |
股东权益PACKPLOW
| Q4 25 | $534.9M | $281.4M | ||
| Q3 25 | $537.8M | $275.3M | ||
| Q2 25 | $539.0M | $273.3M | ||
| Q1 25 | $544.1M | $258.9M | ||
| Q4 24 | $548.1M | $264.2M | ||
| Q3 24 | $564.3M | $260.8M | ||
| Q2 24 | $566.2M | $236.7M | ||
| Q1 24 | $560.0M | $217.2M |
总资产PACKPLOW
| Q4 25 | $1.1B | $626.7M | ||
| Q3 25 | $1.1B | $694.9M | ||
| Q2 25 | $1.1B | $671.5M | ||
| Q1 25 | $1.1B | $621.0M | ||
| Q4 24 | $1.1B | $590.0M | ||
| Q3 24 | $1.1B | $665.6M | ||
| Q2 24 | $1.1B | $617.0M | ||
| Q1 24 | $1.1B | $577.1M |
负债/权益比PACKPLOW
| Q4 25 | 0.75× | 0.51× | ||
| Q3 25 | 0.75× | — | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 0.74× | — | ||
| Q4 24 | 0.74× | 0.56× | ||
| Q3 24 | 0.71× | — | ||
| Q2 24 | 0.70× | — | ||
| Q1 24 | 0.71× | — |
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 | $19.5M | $95.9M |
| 自由现金流经营现金流 - 资本支出 | — | $92.8M |
| 自由现金流率自由现金流/营收 | — | 50.3% |
| 资本支出强度资本支出/营收 | — | 1.7% |
| 现金转化率经营现金流/净利润 | — | 7.47× |
| 过去12个月自由现金流最近4个季度 | — | $63.6M |
8季度趋势，按日历期对齐
经营现金流PACKPLOW
| Q4 25 | $19.5M | $95.9M | ||
| Q3 25 | $8.5M | $-8.5M | ||
| Q2 25 | $-3.6M | $-11.4M | ||
| Q1 25 | $-1.3M | $-1.3M | ||
| Q4 24 | $6.5M | $74.4M | ||
| Q3 24 | $10.1M | $-14.2M | ||
| Q2 24 | $19.6M | $2.5M | ||
| Q1 24 | $5.2M | $-21.6M |
自由现金流PACKPLOW
| Q4 25 | — | $92.8M | ||
| Q3 25 | — | $-11.4M | ||
| Q2 25 | — | $-14.3M | ||
| Q1 25 | — | $-3.5M | ||
| Q4 24 | — | $70.2M | ||
| Q3 24 | — | $-15.2M | ||
| Q2 24 | — | $836.0K | ||
| Q1 24 | — | $-22.4M |
自由现金流率PACKPLOW
| Q4 25 | — | 50.3% | ||
| Q3 25 | — | -7.1% | ||
| Q2 25 | — | -7.4% | ||
| Q1 25 | — | -3.0% | ||
| Q4 24 | — | 48.9% | ||
| Q3 24 | — | -11.8% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | -23.4% |
资本支出强度PACKPLOW
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.8% |
现金转化率PACKPLOW
| Q4 25 | — | 7.47× | ||
| Q3 25 | — | -1.07× | ||
| Q2 25 | — | -0.44× | ||
| Q1 25 | — | -9.03× | ||
| Q4 24 | — | 9.41× | ||
| Q3 24 | — | -0.44× | ||
| Q2 24 | 3.56× | 0.10× | ||
| Q1 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
PACK
| Other | $47.9M | 51% |
| Europe And Asia Segment | $45.8M | 49% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
