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FreightCar America, Inc.（RAIL）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
GIBRALTAR INDUSTRIES, INC.的季度营收约是FreightCar America, Inc.的1.8倍（$225.0M vs $125.5M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs -8.8%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $8.8M），过去两年FreightCar America, Inc.的营收复合增速更高（-11.7% vs -12.3%）
货运车美国公司是铁路行业货运车厢制造商，全球约有2000名雇员，核心生产基地设在墨西哥卡斯塔诺斯，厂区面积达70万平方英尺。此外，公司总部设于芝加哥，在宾夕法尼亚州约翰斯顿设有工程与零部件厂区，主要为铁路领域提供专业货运车厢产品。
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。
RAIL vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.8倍
$125.5M
营收增速更快
ROCK
高出33.8%
-8.8%
自由现金流更多
ROCK
多$17.4M
$8.8M
两年增速更快
RAIL
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $125.5M | $225.0M |
| 净利润 | $-16.6M | — |
| 毛利率 | 13.4% | 25.3% |
| 营业利润率 | 6.2% | 7.9% |
| 净利率 | -13.2% | — |
| 营收同比 | -8.8% | 24.9% |
| 净利润同比 | -147.9% | — |
| 每股收益（稀释后） | $-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RAILROCK
| Q4 25 | $125.5M | $225.0M | ||
| Q3 25 | $160.4M | $310.9M | ||
| Q2 25 | $118.5M | $309.5M | ||
| Q1 25 | $96.2M | $290.0M | ||
| Q4 24 | $137.6M | $180.1M | ||
| Q3 24 | $113.2M | $277.1M | ||
| Q2 24 | $146.0M | $273.6M | ||
| Q1 24 | $160.9M | $292.5M |
净利润RAILROCK
| Q4 25 | $-16.6M | — | ||
| Q3 25 | $-7.4M | $-89.1M | ||
| Q2 25 | $11.7M | $26.0M | ||
| Q1 25 | $50.4M | $21.1M | ||
| Q4 24 | $34.6M | — | ||
| Q3 24 | $-107.0M | $34.0M | ||
| Q2 24 | $8.2M | $32.2M | ||
| Q1 24 | $-11.6M | $24.9M |
毛利率RAILROCK
| Q4 25 | 13.4% | 25.3% | ||
| Q3 25 | 15.1% | 26.6% | ||
| Q2 25 | 15.0% | 28.4% | ||
| Q1 25 | 15.0% | 26.8% | ||
| Q4 24 | 15.3% | 29.0% | ||
| Q3 24 | 14.3% | 29.4% | ||
| Q2 24 | 12.6% | 30.5% | ||
| Q1 24 | 7.1% | 28.9% |
营业利润率RAILROCK
| Q4 25 | 6.2% | 7.9% | ||
| Q3 25 | 9.1% | 12.8% | ||
| Q2 25 | 6.5% | 12.8% | ||
| Q1 25 | 4.0% | 8.8% | ||
| Q4 24 | 8.5% | 13.3% | ||
| Q3 24 | 7.6% | 15.6% | ||
| Q2 24 | 9.0% | 14.9% | ||
| Q1 24 | 2.4% | 10.8% |
净利率RAILROCK
| Q4 25 | -13.2% | — | ||
| Q3 25 | -4.6% | -28.6% | ||
| Q2 25 | 9.9% | 8.4% | ||
| Q1 25 | 52.4% | 7.3% | ||
| Q4 24 | 25.2% | — | ||
| Q3 24 | -94.6% | 12.3% | ||
| Q2 24 | 5.6% | 11.8% | ||
| Q1 24 | -7.2% | 8.5% |
每股收益（稀释后）RAILROCK
| Q4 25 | $-0.54 | — | ||
| Q3 25 | $-0.23 | $-2.98 | ||
| Q2 25 | $0.34 | $0.87 | ||
| Q1 25 | $1.52 | — | ||
| Q4 24 | $0.88 | — | ||
| Q3 24 | $-3.57 | $1.11 | ||
| Q2 24 | $0.11 | $1.05 | ||
| Q1 24 | $-0.54 | — |
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 | $107.2M | $0 |
| 股东权益账面价值 | $-107.4M | $950.4M |
| 总资产 | $290.0M | $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RAILROCK
| 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 | ||
| Q1 24 | — | $146.7M |
总债务RAILROCK
| Q4 25 | $107.2M | $0 | ||
| Q3 25 | $107.6M | $0 | ||
| Q2 25 | $107.9M | $0 | ||
| Q1 25 | $108.2M | $0 | ||
| Q4 24 | $108.4M | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | $0 |
股东权益RAILROCK
| Q4 25 | $-107.4M | $950.4M | ||
| Q3 25 | $-90.9M | $951.8M | ||
| Q2 25 | $-83.5M | $1.0B | ||
| Q1 25 | $-97.4M | $1.0B | ||
| Q4 24 | $-150.3M | $1.0B | ||
| Q3 24 | $-156.3M | $1.0B | ||
| Q2 24 | $-48.8M | $975.7M | ||
| Q1 24 | $-57.0M | $940.2M |
总资产RAILROCK
| Q4 25 | $290.0M | $1.4B | ||
| Q3 25 | $340.8M | $1.4B | ||
| Q2 25 | $328.1M | $1.5B | ||
| Q1 25 | $250.5M | $1.4B | ||
| Q4 24 | $224.2M | $1.4B | ||
| Q3 24 | $245.9M | $1.4B | ||
| Q2 24 | $207.2M | $1.4B | ||
| Q1 24 | $248.7M | $1.3B |
负债/权益比RAILROCK
| 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× | ||
| Q1 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 | $10.0M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $8.8M | $26.2M |
| 自由现金流率自由现金流/营收 | 7.0% | 11.7% |
| 资本支出强度资本支出/营收 | 1.0% | 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 | $31.4M | $120.6M |
8季度趋势，按日历期对齐
经营现金流RAILROCK
| Q4 25 | $10.0M | $35.5M | ||
| Q3 25 | $3.4M | $73.0M | ||
| Q2 25 | $8.5M | $44.9M | ||
| Q1 25 | $12.8M | $13.7M | ||
| Q4 24 | $5.9M | $19.9M | ||
| Q3 24 | $7.2M | $64.7M | ||
| Q2 24 | $57.2M | $36.5M | ||
| Q1 24 | $-25.3M | $53.2M |
自由现金流RAILROCK
| Q4 25 | $8.8M | $26.2M | ||
| Q3 25 | $2.2M | $64.8M | ||
| Q2 25 | $7.9M | $27.3M | ||
| Q1 25 | $12.5M | $2.3M | ||
| Q4 24 | $4.6M | $14.1M | ||
| Q3 24 | $5.7M | $60.5M | ||
| Q2 24 | $55.9M | $33.5M | ||
| Q1 24 | $-26.3M | $48.8M |
自由现金流率RAILROCK
| Q4 25 | 7.0% | 11.7% | ||
| Q3 25 | 1.4% | 20.8% | ||
| Q2 25 | 6.7% | 8.8% | ||
| Q1 25 | 13.0% | 0.8% | ||
| Q4 24 | 3.3% | 7.8% | ||
| Q3 24 | 5.0% | 21.8% | ||
| Q2 24 | 38.3% | 12.2% | ||
| Q1 24 | -16.3% | 16.7% |
资本支出强度RAILROCK
| Q4 25 | 1.0% | 4.1% | ||
| Q3 25 | 0.7% | 2.6% | ||
| Q2 25 | 0.5% | 5.7% | ||
| Q1 25 | 0.3% | 3.9% | ||
| Q4 24 | 0.9% | 3.3% | ||
| Q3 24 | 1.3% | 1.5% | ||
| Q2 24 | 0.9% | 1.1% | ||
| Q1 24 | 0.6% | 1.5% |
现金转化率RAILROCK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.73× | 1.73× | ||
| Q1 25 | 0.25× | 0.65× | ||
| Q4 24 | 0.17× | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | 6.99× | 1.13× | ||
| Q1 24 | — | 2.13× |
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
RAIL
| Railcar Sales | $118.9M | 95% |
| Aftermarket Sales | $6.6M | 5% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
