vs
雅保（ALB）与艾仕得（AXTA）财务数据对比。点击上方公司名可切换其他公司
雅保的季度营收约是艾仕得的1.1倍（$1.4B vs $1.3B）。艾仕得净利率更高（4.8% vs -29.0%，领先33.8%）。雅保同比增速更快（15.9% vs -3.7%）。艾仕得自由现金流更多（$286.0M vs $233.1M）。过去两年雅保的营收复合增速更高（2.4% vs -1.2%）
雅保是全球知名的特种化学品企业，业务覆盖研发、生产与全球销售，下设锂、溴、催化剂三大板块。锂业务线供应碳酸锂、氢氧化锂、氯化锂等锂化合物及相关试剂，产品广泛应用于消费电子、电动汽车锂电池、高性能润滑脂、热塑性弹性体等领域。
艾仕得是源自美国的专业涂料供应商，总部位于宾夕法尼亚州费城，注册地为百慕大。公司主营乘用车、商用车、工业场景及修补用途涂料的研发与生产，业务覆盖全球130个国家，拥有近1.3万名员工，服务超10万家客户。
ALB vs AXTA — 直观对比
营收规模更大
ALB
是对方的1.1倍
$1.3B
营收增速更快
ALB
高出19.7%
-3.7%
净利率更高
AXTA
高出33.8%
-29.0%
自由现金流更多
AXTA
多$52.9M
$233.1M
两年增速更快
ALB
近两年复合增速
-1.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.3B |
| 净利润 | $-414.2M | $60.0M |
| 毛利率 | 13.9% | 33.4% |
| 营业利润率 | -15.2% | 12.8% |
| 净利率 | -29.0% | 4.8% |
| 营收同比 | 15.9% | -3.7% |
| 净利润同比 | -650.1% | -56.2% |
| 每股收益（稀释后） | $-3.88 | $0.28 |
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ALBAXTA
| Q4 25 | $1.4B | $1.3B | ||
| Q3 25 | $1.3B | $1.3B | ||
| Q2 25 | $1.3B | $1.3B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.4B | $1.3B | ||
| Q2 24 | $1.4B | $1.4B | ||
| Q1 24 | $1.4B | $1.3B |
净利润ALBAXTA
| Q4 25 | $-414.2M | $60.0M | ||
| Q3 25 | $-160.7M | $110.0M | ||
| Q2 25 | $22.9M | $109.0M | ||
| Q1 25 | $41.3M | $99.0M | ||
| Q4 24 | $75.3M | $137.0M | ||
| Q3 24 | $-1.1B | $101.0M | ||
| Q2 24 | $-188.2M | $112.0M | ||
| Q1 24 | $2.4M | $41.0M |
毛利率ALBAXTA
| Q4 25 | 13.9% | 33.4% | ||
| Q3 25 | 9.0% | 34.9% | ||
| Q2 25 | 14.8% | 35.0% | ||
| Q1 25 | 14.5% | 34.3% | ||
| Q4 24 | 11.2% | 34.1% | ||
| Q3 24 | -7.7% | 35.0% | ||
| Q2 24 | -0.7% | 34.0% | ||
| Q1 24 | 2.9% | 33.2% |
营业利润率ALBAXTA
| Q4 25 | -15.2% | 12.8% | ||
| Q3 25 | -16.6% | 15.8% | ||
| Q2 25 | 3.6% | 14.8% | ||
| Q1 25 | 1.8% | 13.9% | ||
| Q4 24 | 0.4% | 14.3% | ||
| Q3 24 | -81.9% | 14.6% | ||
| Q2 24 | -34.4% | 15.2% | ||
| Q1 24 | -13.2% | 9.4% |
净利率ALBAXTA
| Q4 25 | -29.0% | 4.8% | ||
| Q3 25 | -12.3% | 8.5% | ||
| Q2 25 | 1.7% | 8.4% | ||
| Q1 25 | 3.8% | 7.8% | ||
| Q4 24 | 6.1% | 10.5% | ||
| Q3 24 | -78.9% | 7.7% | ||
| Q2 24 | -13.2% | 8.3% | ||
| Q1 24 | 0.2% | 3.2% |
每股收益（稀释后）ALBAXTA
| Q4 25 | $-3.88 | $0.28 | ||
| Q3 25 | $-1.72 | $0.51 | ||
| Q2 25 | $-0.16 | $0.50 | ||
| Q1 25 | $0.00 | $0.45 | ||
| Q4 24 | $0.29 | $0.63 | ||
| Q3 24 | $-9.45 | $0.46 | ||
| Q2 24 | $-1.96 | $0.51 | ||
| Q1 24 | $-0.08 | $0.18 |
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 | — | $657.0M |
| 总债务越低越好 | $3.2B | $3.2B |
| 股东权益账面价值 | $9.5B | $2.3B |
| 总资产 | $16.4B | $7.6B |
| 负债/权益比越低杠杆越低 | 0.33× | 1.36× |
8季度趋势，按日历期对齐
现金及短期投资ALBAXTA
| Q4 25 | — | $657.0M | ||
| Q3 25 | $1.9B | $606.0M | ||
| Q2 25 | $1.8B | $625.0M | ||
| Q1 25 | $1.5B | $575.0M | ||
| Q4 24 | $1.2B | $593.0M | ||
| Q3 24 | $1.7B | $567.0M | ||
| Q2 24 | $1.8B | $840.0M | ||
| Q1 24 | $2.1B | $624.0M |
总债务ALBAXTA
| Q4 25 | $3.2B | $3.2B | ||
| Q3 25 | $3.6B | $3.4B | ||
| Q2 25 | $3.6B | $3.4B | ||
| Q1 25 | $3.5B | $3.4B | ||
| Q4 24 | $3.5B | $3.4B | ||
| Q3 24 | $3.6B | $3.5B | ||
| Q2 24 | $3.5B | $3.6B | ||
| Q1 24 | $3.5B | $3.4B |
股东权益ALBAXTA
| Q4 25 | $9.5B | $2.3B | ||
| Q3 25 | $10.0B | $2.3B | ||
| Q2 25 | $10.2B | $2.3B | ||
| Q1 25 | $10.0B | $2.1B | ||
| Q4 24 | $10.0B | $1.9B | ||
| Q3 24 | $10.2B | $1.9B | ||
| Q2 24 | $11.2B | $1.8B | ||
| Q1 24 | $11.5B | $1.7B |
总资产ALBAXTA
| Q4 25 | $16.4B | $7.6B | ||
| Q3 25 | $17.1B | $7.8B | ||
| Q2 25 | $17.3B | $7.8B | ||
| Q1 25 | $17.0B | $7.4B | ||
| Q4 24 | $16.6B | $7.2B | ||
| Q3 24 | $17.5B | $7.5B | ||
| Q2 24 | $18.4B | $7.3B | ||
| Q1 24 | $19.0B | $7.1B |
负债/权益比ALBAXTA
| Q4 25 | 0.33× | 1.36× | ||
| Q3 25 | 0.36× | 1.48× | ||
| Q2 25 | 0.35× | 1.50× | ||
| Q1 25 | 0.35× | 1.64× | ||
| Q4 24 | 0.35× | 1.78× | ||
| Q3 24 | 0.35× | 1.84× | ||
| Q2 24 | 0.31× | 2.02× | ||
| Q1 24 | 0.31× | 1.97× |
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 | $388.5M | $344.0M |
| 自由现金流经营现金流 - 资本支出 | $233.1M | $286.0M |
| 自由现金流率自由现金流/营收 | 16.3% | 22.7% |
| 资本支出强度资本支出/营收 | 10.9% | 4.6% |
| 现金转化率经营现金流/净利润 | — | 5.73× |
| 过去12个月自由现金流最近4个季度 | $692.5M | $453.0M |
8季度趋势，按日历期对齐
经营现金流ALBAXTA
| Q4 25 | $388.5M | $344.0M | ||
| Q3 25 | $355.6M | $137.0M | ||
| Q2 25 | $-7.2M | $142.0M | ||
| Q1 25 | $545.4M | $26.0M | ||
| Q4 24 | $674.0K | $234.0M | ||
| Q3 24 | $240.5M | $194.0M | ||
| Q2 24 | $362.9M | $114.0M | ||
| Q1 24 | $98.0M | $34.0M |
自由现金流ALBAXTA
| Q4 25 | $233.1M | $286.0M | ||
| Q3 25 | $223.4M | $87.0M | ||
| Q2 25 | $-126.8M | $97.0M | ||
| Q1 25 | $362.8M | $-17.0M | ||
| Q4 24 | $-355.1M | $172.0M | ||
| Q3 24 | $-62.6M | $161.0M | ||
| Q2 24 | $-84.7M | $91.0M | ||
| Q1 24 | $-481.4M | $12.0M |
自由现金流率ALBAXTA
| Q4 25 | 16.3% | 22.7% | ||
| Q3 25 | 17.1% | 6.8% | ||
| Q2 25 | -9.5% | 7.4% | ||
| Q1 25 | 33.7% | -1.3% | ||
| Q4 24 | -28.8% | 13.1% | ||
| Q3 24 | -4.6% | 12.2% | ||
| Q2 24 | -5.9% | 6.7% | ||
| Q1 24 | -35.4% | 0.9% |
资本支出强度ALBAXTA
| Q4 25 | 10.9% | 4.6% | ||
| Q3 25 | 10.1% | 3.9% | ||
| Q2 25 | 9.0% | 3.4% | ||
| Q1 25 | 17.0% | 3.4% | ||
| Q4 24 | 28.9% | 4.7% | ||
| Q3 24 | 22.4% | 2.5% | ||
| Q2 24 | 31.3% | 1.7% | ||
| Q1 24 | 42.6% | 1.7% |
现金转化率ALBAXTA
| Q4 25 | — | 5.73× | ||
| Q3 25 | — | 1.25× | ||
| Q2 25 | -0.31× | 1.30× | ||
| Q1 25 | 13.19× | 0.26× | ||
| Q4 24 | 0.01× | 1.71× | ||
| Q3 24 | — | 1.92× | ||
| Q2 24 | — | 1.02× | ||
| Q1 24 | 40.01× | 0.83× |
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
ALB
| Energy Storage | $759.1M | 53% |
| Specialties | $348.9M | 24% |
| Ketjen | $320.1M | 22% |
AXTA
| Refinish | $509.0M | 40% |
| Light Vehicle | $372.0M | 29% |
| Industrial | $282.0M | 22% |
| Commercial Vehicle | $99.0M | 8% |
