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Enact Holdings, Inc.（ACT）与RAYONIER ADVANCED MATERIALS INC.（RYAM）财务数据对比。点击上方公司名可切换其他公司
RAYONIER ADVANCED MATERIALS INC.的季度营收约是Enact Holdings, Inc.的1.3倍（$417.5M vs $312.7M），Enact Holdings, Inc.同比增速更快（3.6% vs -1.2%），过去两年RAYONIER ADVANCED MATERIALS INC.的营收复合增速更高（3.8% vs 3.6%）
Enact Holdings, Inc.是美国领先的私人抵押贷款保险服务商，为银行、信用社等各类住宅抵押贷款机构提供风险缓释解决方案，帮助首付较低的购房者获得可负担的住房贷款，助力更多美国普通消费者实现安居需求。
RYAM（原雷尼尔先进材料公司）是一家美国全球性纤维素技术企业，主打高纯度特种纤维素产品，所生产的天然聚合物广泛应用于过滤器生产、食品加工、医药制造及各类工业领域，同时也为造纸和包装行业供应相关产品，在纤维素技术领域拥有较高的行业认可度。
ACT vs RYAM — 直观对比
营收规模更大
RYAM
是对方的1.3倍
$312.7M
营收增速更快
ACT
高出4.8%
-1.2%
两年增速更快
RYAM
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $312.7M | $417.5M |
| 净利润 | — | $-21.1M |
| 毛利率 | — | 8.9% |
| 营业利润率 | 71.3% | 2.6% |
| 净利率 | — | -5.0% |
| 营收同比 | 3.6% | -1.2% |
| 净利润同比 | — | -31.9% |
| 每股收益（稀释后） | $1.23 | $-0.33 |
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ACTRYAM
| Q4 25 | $312.7M | $417.5M | ||
| Q3 25 | $311.5M | $352.8M | ||
| Q2 25 | $304.9M | $340.0M | ||
| Q1 25 | $306.8M | $356.0M | ||
| Q4 24 | $301.8M | $422.5M | ||
| Q3 24 | $309.6M | $401.1M | ||
| Q2 24 | $298.8M | $419.0M | ||
| Q1 24 | $291.6M | $387.7M |
净利润ACTRYAM
| Q4 25 | — | $-21.1M | ||
| Q3 25 | — | $-4.5M | ||
| Q2 25 | — | $-363.2M | ||
| Q1 25 | — | $-32.0M | ||
| Q4 24 | — | $-16.0M | ||
| Q3 24 | — | $-32.6M | ||
| Q2 24 | — | $11.4M | ||
| Q1 24 | — | $-1.6M |
毛利率ACTRYAM
| Q4 25 | — | 8.9% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | 7.0% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | — | 8.7% | ||
| Q3 24 | — | 10.9% | ||
| Q2 24 | — | 11.5% | ||
| Q1 24 | — | 9.5% |
营业利润率ACTRYAM
| Q4 25 | 71.3% | 2.6% | ||
| Q3 25 | 67.4% | 2.8% | ||
| Q2 25 | 70.4% | -0.4% | ||
| Q1 25 | 68.9% | -4.2% | ||
| Q4 24 | 68.9% | 2.6% | ||
| Q3 24 | 74.1% | -4.2% | ||
| Q2 24 | 78.6% | 6.7% | ||
| Q1 24 | 70.6% | 4.4% |
净利率ACTRYAM
| Q4 25 | — | -5.0% | ||
| Q3 25 | — | -1.3% | ||
| Q2 25 | — | -106.8% | ||
| Q1 25 | — | -9.0% | ||
| Q4 24 | — | -3.8% | ||
| Q3 24 | — | -8.1% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | — | -0.4% |
每股收益（稀释后）ACTRYAM
| Q4 25 | $1.23 | $-0.33 | ||
| Q3 25 | $1.10 | $-0.07 | ||
| Q2 25 | $1.11 | $-5.44 | ||
| Q1 25 | $1.08 | $-0.49 | ||
| Q4 24 | $1.05 | $-0.25 | ||
| Q3 24 | $1.15 | $-0.49 | ||
| Q2 24 | $1.16 | $0.17 | ||
| Q1 24 | $1.01 | $-0.02 |
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 | $582.5M | $75.4M |
| 总债务越低越好 | $744.5M | $758.1M |
| 股东权益账面价值 | $5.4B | $316.6M |
| 总资产 | $6.9B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.14× | 2.39× |
8季度趋势，按日历期对齐
现金及短期投资ACTRYAM
| Q4 25 | $582.5M | $75.4M | ||
| Q3 25 | $545.6M | $77.0M | ||
| Q2 25 | $616.0M | $70.7M | ||
| Q1 25 | $639.0M | $129.9M | ||
| Q4 24 | $602.8M | $125.2M | ||
| Q3 24 | $674.9M | $136.1M | ||
| Q2 24 | $711.3M | $114.1M | ||
| Q1 24 | $624.3M | $54.6M |
总债务ACTRYAM
| Q4 25 | $744.5M | $758.1M | ||
| Q3 25 | $744.1M | $763.5M | ||
| Q2 25 | $743.8M | $720.4M | ||
| Q1 25 | $743.4M | $707.0M | ||
| Q4 24 | $743.0M | $706.4M | ||
| Q3 24 | $742.7M | $747.7M | ||
| Q2 24 | $742.4M | $752.8M | ||
| Q1 24 | $746.1M | $755.6M |
股东权益ACTRYAM
| Q4 25 | $5.4B | $316.6M | ||
| Q3 25 | $5.3B | $338.2M | ||
| Q2 25 | $5.2B | $342.3M | ||
| Q1 25 | $5.1B | $688.1M | ||
| Q4 24 | $5.0B | $713.9M | ||
| Q3 24 | $5.0B | $732.7M | ||
| Q2 24 | $4.8B | $755.1M | ||
| Q1 24 | $4.7B | $741.8M |
总资产ACTRYAM
| Q4 25 | $6.9B | $1.8B | ||
| Q3 25 | $6.9B | $1.8B | ||
| Q2 25 | $6.8B | $1.8B | ||
| Q1 25 | $6.7B | $2.1B | ||
| Q4 24 | $6.5B | $2.1B | ||
| Q3 24 | $6.6B | $2.2B | ||
| Q2 24 | $6.3B | $2.2B | ||
| Q1 24 | $6.3B | $2.1B |
负债/权益比ACTRYAM
| Q4 25 | 0.14× | 2.39× | ||
| Q3 25 | 0.14× | 2.26× | ||
| Q2 25 | 0.14× | 2.10× | ||
| Q1 25 | 0.15× | 1.03× | ||
| Q4 24 | 0.15× | 0.99× | ||
| Q3 24 | 0.15× | 1.02× | ||
| Q2 24 | 0.15× | 1.00× | ||
| Q1 24 | 0.16× | 1.02× |
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 | $724.5M | $32.3M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流ACTRYAM
| Q4 25 | $724.5M | $32.3M | ||
| Q3 25 | $192.0M | $-17.8M | ||
| Q2 25 | $119.5M | $-30.2M | ||
| Q1 25 | $226.7M | $39.6M | ||
| Q4 24 | $686.3M | $54.9M | ||
| Q3 24 | $188.1M | $49.8M | ||
| Q2 24 | $144.7M | $87.6M | ||
| Q1 24 | $187.3M | $11.3M |
现金转化率ACTRYAM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 7.69× | ||
| 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
ACT
暂无分部数据
RYAM
| Cellulose Specialties | $249.6M | 60% |
| Other | $86.2M | 21% |
| Paperboard | $44.2M | 11% |
| High Yield Pulp | $28.3M | 7% |
| Biomaterials | $9.2M | 2% |
