vs
StandardAero, Inc.（SARO）与永利度假村（WYNN）财务数据对比。点击上方公司名可切换其他公司
永利度假村的季度营收约是StandardAero, Inc.的1.2倍（$1.9B vs $1.6B），永利度假村净利率更高（5.4% vs 4.9%，领先0.4%），StandardAero, Inc.同比增速更快（13.5% vs 1.5%），StandardAero, Inc.自由现金流更多（$307.3M vs $306.8M），过去两年StandardAero, Inc.的营收复合增速更高（13.8% vs 0.1%）
StandardAero Inc.是总部位于美国亚利桑那州斯科茨代尔的专业维护、维修及大修（MRO）服务提供商，深耕相关领域多年，服务覆盖航空等多个行业，可为客户提供高效可靠的定制化运维解决方案。
永利度假村是总部位于美国内华达州帕拉代斯的上市企业，专注于高端酒店及博彩度假村的开发与运营。公司2002年由前梦幻度假村董事长兼首席执行官史蒂夫·永利创立，现任首席执行官为克雷格·比林斯，截至2020年已在全球布局6处优质物业。
SARO vs WYNN — 直观对比
营收规模更大
WYNN
是对方的1.2倍
$1.6B
营收增速更快
SARO
高出12.0%
1.5%
净利率更高
WYNN
高出0.4%
4.9%
自由现金流更多
SARO
多$566.0K
$306.8M
两年增速更快
SARO
近两年复合增速
0.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.9B |
| 净利润 | $78.6M | $100.0M |
| 毛利率 | 13.8% | — |
| 营业利润率 | 9.3% | 14.7% |
| 净利率 | 4.9% | 5.4% |
| 营收同比 | 13.5% | 1.5% |
| 净利润同比 | 659.6% | -63.9% |
| 每股收益（稀释后） | $0.24 | $0.96 |
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SAROWYNN
| Q4 25 | $1.6B | $1.9B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.5B | $1.7B | ||
| Q1 25 | $1.4B | $1.7B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.2B | $1.7B | ||
| Q2 24 | $1.3B | $1.7B | ||
| Q1 24 | $1.2B | $1.9B |
净利润SAROWYNN
| Q4 25 | $78.6M | $100.0M | ||
| Q3 25 | $68.1M | $88.3M | ||
| Q2 25 | $67.7M | $66.2M | ||
| Q1 25 | $62.9M | $72.7M | ||
| Q4 24 | $-14.1M | $277.0M | ||
| Q3 24 | $16.4M | $-32.1M | ||
| Q2 24 | $5.4M | $111.9M | ||
| Q1 24 | $3.2M | $144.2M |
毛利率SAROWYNN
| Q4 25 | 13.8% | — | ||
| Q3 25 | 14.9% | — | ||
| Q2 25 | 15.4% | — | ||
| Q1 25 | 15.2% | — | ||
| Q4 24 | 14.3% | — | ||
| Q3 24 | 15.0% | — | ||
| Q2 24 | 13.7% | — | ||
| Q1 24 | 14.7% | — |
营业利润率SAROWYNN
| Q4 25 | 9.3% | 14.7% | ||
| Q3 25 | 9.2% | 16.9% | ||
| Q2 25 | 8.9% | 15.2% | ||
| Q1 25 | 9.0% | 15.8% | ||
| Q4 24 | 6.7% | 20.0% | ||
| Q3 24 | 7.9% | 7.9% | ||
| Q2 24 | 7.8% | 15.6% | ||
| Q1 24 | 8.5% | 19.5% |
净利率SAROWYNN
| Q4 25 | 4.9% | 5.4% | ||
| Q3 25 | 4.5% | 4.8% | ||
| Q2 25 | 4.4% | 3.8% | ||
| Q1 25 | 4.4% | 4.3% | ||
| Q4 24 | -1.0% | 15.1% | ||
| Q3 24 | 1.3% | -1.9% | ||
| Q2 24 | 0.4% | 6.5% | ||
| Q1 24 | 0.3% | 7.7% |
每股收益（稀释后）SAROWYNN
| Q4 25 | $0.24 | $0.96 | ||
| Q3 25 | $0.20 | $0.85 | ||
| Q2 25 | $0.20 | $0.64 | ||
| Q1 25 | $0.19 | $0.69 | ||
| Q4 24 | $-0.05 | $2.43 | ||
| Q3 24 | $0.06 | $-0.29 | ||
| Q2 24 | $0.02 | $0.91 | ||
| Q1 24 | $0.01 | $1.30 |
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 | — | $1.5B |
| 总债务越低越好 | $2.2B | $10.5B |
| 股东权益账面价值 | $2.7B | $-275.5M |
| 总资产 | $6.6B | $13.1B |
| 负债/权益比越低杠杆越低 | 0.83× | — |
8季度趋势，按日历期对齐
现金及短期投资SAROWYNN
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.4B |
总债务SAROWYNN
| Q4 25 | $2.2B | $10.5B | ||
| Q3 25 | $2.3B | $10.6B | ||
| Q2 25 | $2.3B | $10.5B | ||
| Q1 25 | $2.3B | $10.6B | ||
| Q4 24 | $2.2B | $10.5B | ||
| Q3 24 | $3.4B | $11.8B | ||
| Q2 24 | — | $11.0B | ||
| Q1 24 | — | $11.2B |
股东权益SAROWYNN
| Q4 25 | $2.7B | $-275.5M | ||
| Q3 25 | $2.6B | $-370.0M | ||
| Q2 25 | $2.5B | $-441.5M | ||
| Q1 25 | $2.4B | $-360.7M | ||
| Q4 24 | $2.4B | $-224.2M | ||
| Q3 24 | $1.2B | $-281.4M | ||
| Q2 24 | $1.2B | $-109.8M | ||
| Q1 24 | $1.2B | $-137.0M |
总资产SAROWYNN
| Q4 25 | $6.6B | $13.1B | ||
| Q3 25 | $6.6B | $12.8B | ||
| Q2 25 | $6.5B | $12.7B | ||
| Q1 25 | $6.5B | $12.7B | ||
| Q4 24 | $6.2B | $13.0B | ||
| Q3 24 | $6.1B | $14.1B | ||
| Q2 24 | — | $13.3B | ||
| Q1 24 | — | $13.5B |
负债/权益比SAROWYNN
| Q4 25 | 0.83× | — | ||
| Q3 25 | 0.90× | — | ||
| Q2 25 | 0.92× | — | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 0.94× | — | ||
| Q3 24 | 2.94× | — | ||
| 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 | $323.0M | $478.0M |
| 自由现金流经营现金流 - 资本支出 | $307.3M | $306.8M |
| 自由现金流率自由现金流/营收 | 19.2% | 16.4% |
| 资本支出强度资本支出/营收 | 1.0% | 9.2% |
| 现金转化率经营现金流/净利润 | 4.11× | 4.78× |
| 过去12个月自由现金流最近4个季度 | $234.3M | $692.2M |
8季度趋势，按日历期对齐
经营现金流SAROWYNN
| Q4 25 | $323.0M | $478.0M | ||
| Q3 25 | $14.8M | $335.8M | ||
| Q2 25 | $2.9M | $405.1M | ||
| Q1 25 | $-24.0M | $133.8M | ||
| Q4 24 | — | $479.0M | ||
| Q3 24 | $-13.9M | $279.3M | ||
| Q2 24 | — | $352.8M | ||
| Q1 24 | $-83.6M | $315.1M |
自由现金流SAROWYNN
| Q4 25 | $307.3M | $306.8M | ||
| Q3 25 | $-4.7M | $171.8M | ||
| Q2 25 | $-19.0M | $239.8M | ||
| Q1 25 | $-49.3M | $-26.2M | ||
| Q4 24 | — | $351.8M | ||
| Q3 24 | $-39.2M | $178.0M | ||
| Q2 24 | — | $259.1M | ||
| Q1 24 | $-102.0M | $217.4M |
自由现金流率SAROWYNN
| Q4 25 | 19.2% | 16.4% | ||
| Q3 25 | -0.3% | 9.4% | ||
| Q2 25 | -1.2% | 13.8% | ||
| Q1 25 | -3.4% | -1.5% | ||
| Q4 24 | — | 19.1% | ||
| Q3 24 | -3.1% | 10.5% | ||
| Q2 24 | — | 15.0% | ||
| Q1 24 | -8.3% | 11.7% |
资本支出强度SAROWYNN
| Q4 25 | 1.0% | 9.2% | ||
| Q3 25 | 1.3% | 8.9% | ||
| Q2 25 | 1.4% | 9.5% | ||
| Q1 25 | 1.8% | 9.4% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | 2.0% | 6.0% | ||
| Q2 24 | — | 5.4% | ||
| Q1 24 | 1.5% | 5.2% |
现金转化率SAROWYNN
| Q4 25 | 4.11× | 4.78× | ||
| Q3 25 | 0.22× | 3.80× | ||
| Q2 25 | 0.04× | 6.12× | ||
| Q1 25 | -0.38× | 1.84× | ||
| Q4 24 | — | 1.73× | ||
| Q3 24 | -0.84× | — | ||
| Q2 24 | — | 3.15× | ||
| Q1 24 | -26.22× | 2.18× |
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
SARO
| Commercial Aerospace | $1.0B | 63% |
| Business Aviation | $266.2M | 17% |
| Military And Helicopter | $262.0M | 16% |
| Other | $68.1M | 4% |
WYNN
| Casino | $1.1B | 61% |
| Occupancy | $305.1M | 16% |
| Food And Beverage | $264.9M | 14% |
| Entertainment Retail And Other | $152.6M | 8% |
