vs
通用动力（PLOW）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
REPLIGEN CORP的季度营收约是通用动力的1.1倍（$197.9M vs $184.5M），通用动力净利率更高（7.0% vs 6.7%，领先0.2%），通用动力同比增速更快（28.6% vs 13.6%），通用动力自由现金流更多（$92.8M vs $17.6M），过去两年通用动力的营收复合增速更高（38.9% vs 14.4%）
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。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
PLOW vs RGEN — 直观对比
营收规模更大
RGEN
是对方的1.1倍
$184.5M
营收增速更快
PLOW
高出14.9%
13.6%
净利率更高
PLOW
高出0.2%
6.7%
自由现金流更多
PLOW
多$75.3M
$17.6M
两年增速更快
PLOW
近两年复合增速
14.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $184.5M | $197.9M |
| 净利润 | $12.8M | $13.3M |
| 毛利率 | 26.1% | 52.5% |
| 营业利润率 | 10.5% | 9.0% |
| 净利率 | 7.0% | 6.7% |
| 营收同比 | 28.6% | 13.6% |
| 净利润同比 | 62.3% | 143.9% |
| 每股收益（稀释后） | $0.54 | $0.24 |
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PLOWRGEN
| Q4 25 | $184.5M | $197.9M | ||
| Q3 25 | $162.1M | $188.8M | ||
| Q2 25 | $194.3M | $182.4M | ||
| Q1 25 | $115.1M | $169.2M | ||
| Q4 24 | $143.5M | $174.1M | ||
| Q3 24 | $129.4M | $154.9M | ||
| Q2 24 | $199.9M | $154.1M | ||
| Q1 24 | $95.7M | $151.3M |
净利润PLOWRGEN
| Q4 25 | $12.8M | $13.3M | ||
| Q3 25 | $8.0M | $14.9M | ||
| Q2 25 | $26.0M | $14.9M | ||
| Q1 25 | $148.0K | $5.8M | ||
| Q4 24 | $7.9M | $-30.3M | ||
| Q3 24 | $32.3M | $-654.0K | ||
| Q2 24 | $24.3M | $3.3M | ||
| Q1 24 | $-8.4M | $2.1M |
毛利率PLOWRGEN
| Q4 25 | 26.1% | 52.5% | ||
| Q3 25 | 23.5% | 53.2% | ||
| Q2 25 | 31.0% | 50.0% | ||
| Q1 25 | 24.5% | 53.6% | ||
| Q4 24 | 24.9% | 26.1% | ||
| Q3 24 | 23.9% | 50.0% | ||
| Q2 24 | 30.7% | 49.8% | ||
| Q1 24 | 19.8% | 49.5% |
营业利润率PLOWRGEN
| Q4 25 | 10.5% | 9.0% | ||
| Q3 25 | 8.7% | 8.9% | ||
| Q2 25 | 19.0% | 7.6% | ||
| Q1 25 | 2.8% | 3.9% | ||
| Q4 24 | 9.0% | -17.7% | ||
| Q3 24 | 35.4% | -5.1% | ||
| Q2 24 | 18.2% | 1.0% | ||
| Q1 24 | -6.7% | 1.3% |
净利率PLOWRGEN
| Q4 25 | 7.0% | 6.7% | ||
| Q3 25 | 4.9% | 7.9% | ||
| Q2 25 | 13.4% | 8.2% | ||
| Q1 25 | 0.1% | 3.4% | ||
| Q4 24 | 5.5% | -17.4% | ||
| Q3 24 | 24.9% | -0.4% | ||
| Q2 24 | 12.2% | 2.2% | ||
| Q1 24 | -8.7% | 1.4% |
每股收益（稀释后）PLOWRGEN
| Q4 25 | $0.54 | $0.24 | ||
| Q3 25 | $0.33 | $0.26 | ||
| Q2 25 | $1.09 | $0.26 | ||
| Q1 25 | $0.00 | $0.10 | ||
| Q4 24 | $0.35 | $-0.55 | ||
| Q3 24 | $1.36 | $-0.01 | ||
| Q2 24 | $1.02 | $0.06 | ||
| Q1 24 | $-0.37 | $0.04 |
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 | — | $767.6M |
| 总债务越低越好 | $144.0M | $542.2M |
| 股东权益账面价值 | $281.4M | $2.1B |
| 总资产 | $626.7M | $2.9B |
| 负债/权益比越低杠杆越低 | 0.51× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资PLOWRGEN
| Q4 25 | — | $767.6M | ||
| Q3 25 | — | $748.7M | ||
| Q2 25 | — | $708.9M | ||
| Q1 25 | — | $697.2M | ||
| Q4 24 | — | $757.4M | ||
| Q3 24 | — | $784.0M | ||
| Q2 24 | — | $809.1M | ||
| Q1 24 | — | $780.6M |
总债务PLOWRGEN
| Q4 25 | $144.0M | $542.2M | ||
| Q3 25 | — | $537.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $147.5M | $525.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PLOWRGEN
| Q4 25 | $281.4M | $2.1B | ||
| Q3 25 | $275.3M | $2.1B | ||
| Q2 25 | $273.3M | $2.1B | ||
| Q1 25 | $258.9M | $2.0B | ||
| Q4 24 | $264.2M | $2.0B | ||
| Q3 24 | $260.8M | $2.0B | ||
| Q2 24 | $236.7M | $2.0B | ||
| Q1 24 | $217.2M | $2.0B |
总资产PLOWRGEN
| Q4 25 | $626.7M | $2.9B | ||
| Q3 25 | $694.9M | $2.9B | ||
| Q2 25 | $671.5M | $2.9B | ||
| Q1 25 | $621.0M | $2.9B | ||
| Q4 24 | $590.0M | $2.8B | ||
| Q3 24 | $665.6M | $2.8B | ||
| Q2 24 | $617.0M | $2.9B | ||
| Q1 24 | $577.1M | $2.8B |
负债/权益比PLOWRGEN
| Q4 25 | 0.51× | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.56× | 0.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $95.9M | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $92.8M | $17.6M |
| 自由现金流率自由现金流/营收 | 50.3% | 8.9% |
| 资本支出强度资本支出/营收 | 1.7% | 4.1% |
| 现金转化率经营现金流/净利润 | 7.47× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $63.6M | $93.9M |
8季度趋势，按日历期对齐
经营现金流PLOWRGEN
| Q4 25 | $95.9M | $25.7M | ||
| Q3 25 | $-8.5M | $48.1M | ||
| Q2 25 | $-11.4M | $28.6M | ||
| Q1 25 | $-1.3M | $15.0M | ||
| Q4 24 | $74.4M | $39.2M | ||
| Q3 24 | $-14.2M | $49.3M | ||
| Q2 24 | $2.5M | $42.2M | ||
| Q1 24 | $-21.6M | $44.7M |
自由现金流PLOWRGEN
| Q4 25 | $92.8M | $17.6M | ||
| Q3 25 | $-11.4M | $43.4M | ||
| Q2 25 | $-14.3M | $21.5M | ||
| Q1 25 | $-3.5M | $11.4M | ||
| Q4 24 | $70.2M | $33.6M | ||
| Q3 24 | $-15.2M | $42.3M | ||
| Q2 24 | $836.0K | $37.4M | ||
| Q1 24 | $-22.4M | $36.4M |
自由现金流率PLOWRGEN
| Q4 25 | 50.3% | 8.9% | ||
| Q3 25 | -7.1% | 23.0% | ||
| Q2 25 | -7.4% | 11.8% | ||
| Q1 25 | -3.0% | 6.8% | ||
| Q4 24 | 48.9% | 19.3% | ||
| Q3 24 | -11.8% | 27.3% | ||
| Q2 24 | 0.4% | 24.3% | ||
| Q1 24 | -23.4% | 24.0% |
资本支出强度PLOWRGEN
| Q4 25 | 1.7% | 4.1% | ||
| Q3 25 | 1.8% | 2.5% | ||
| Q2 25 | 1.5% | 3.9% | ||
| Q1 25 | 1.9% | 2.1% | ||
| Q4 24 | 2.9% | 3.2% | ||
| Q3 24 | 0.8% | 4.5% | ||
| Q2 24 | 0.8% | 3.1% | ||
| Q1 24 | 0.8% | 5.5% |
现金转化率PLOWRGEN
| Q4 25 | 7.47× | 1.93× | ||
| Q3 25 | -1.07× | 3.23× | ||
| Q2 25 | -0.44× | 1.92× | ||
| Q1 25 | -9.03× | 2.57× | ||
| Q4 24 | 9.41× | — | ||
| Q3 24 | -0.44× | — | ||
| Q2 24 | 0.10× | 12.70× | ||
| Q1 24 | — | 21.35× |
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
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
RGEN
暂无分部数据
