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雅保（ALB）与CAVCO INDUSTRIES, INC.（CVCO）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CAVCO INDUSTRIES, INC.的2.5倍（$1.4B vs $581.0M）。CAVCO INDUSTRIES, INC.净利率更高（7.6% vs -29.0%，领先36.6%）。雅保同比增速更快（15.9% vs 11.3%）。雅保自由现金流更多（$233.1M vs $57.6M）。过去两年CAVCO INDUSTRIES, INC.的营收复合增速更高（17.6% vs 2.4%）
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。
Cavco工业是总部位于美国亚利桑那州凤凰城的制造企业，主营模块化住宅、休闲房车、度假木屋及预制房屋产品，在美国各地布局有完善的制造工厂与零售门店网络，可满足多元居住及休闲场景的使用需求。
ALB vs CVCO — 直观对比
营收规模更大
ALB
是对方的2.5倍
$581.0M
营收增速更快
ALB
高出4.6%
11.3%
净利率更高
CVCO
高出36.6%
-29.0%
自由现金流更多
ALB
多$175.5M
$57.6M
两年增速更快
CVCO
近两年复合增速
2.4%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $581.0M |
| 净利润 | $-414.2M | $44.1M |
| 毛利率 | 13.9% | 23.4% |
| 营业利润率 | -15.2% | 9.4% |
| 净利率 | -29.0% | 7.6% |
| 营收同比 | 15.9% | 11.3% |
| 净利润同比 | -650.1% | -22.0% |
| 每股收益（稀释后） | $-3.88 | $5.58 |
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ALBCVCO
| Q4 25 | $1.4B | $581.0M | ||
| Q3 25 | $1.3B | $556.5M | ||
| Q2 25 | $1.3B | $556.9M | ||
| Q1 25 | $1.1B | $508.4M | ||
| Q4 24 | $1.2B | $522.0M | ||
| Q3 24 | $1.4B | $507.5M | ||
| Q2 24 | $1.4B | $477.6M | ||
| Q1 24 | $1.4B | $420.1M |
净利润ALBCVCO
| Q4 25 | $-414.2M | $44.1M | ||
| Q3 25 | $-160.7M | $52.4M | ||
| Q2 25 | $22.9M | $51.6M | ||
| Q1 25 | $41.3M | $36.3M | ||
| Q4 24 | $75.3M | $56.5M | ||
| Q3 24 | $-1.1B | $43.8M | ||
| Q2 24 | $-188.2M | $34.4M | ||
| Q1 24 | $2.4M | $33.9M |
毛利率ALBCVCO
| Q4 25 | 13.9% | 23.4% | ||
| Q3 25 | 9.0% | 24.2% | ||
| Q2 25 | 14.8% | 23.3% | ||
| Q1 25 | 14.5% | 22.8% | ||
| Q4 24 | 11.2% | 24.9% | ||
| Q3 24 | -7.7% | 22.9% | ||
| Q2 24 | -0.7% | 21.7% | ||
| Q1 24 | 2.9% | 23.6% |
营业利润率ALBCVCO
| Q4 25 | -15.2% | 9.4% | ||
| Q3 25 | -16.6% | 11.2% | ||
| Q2 25 | 3.6% | 10.8% | ||
| Q1 25 | 1.8% | 7.6% | ||
| Q4 24 | 0.4% | 12.3% | ||
| Q3 24 | -81.9% | 9.7% | ||
| Q2 24 | -34.4% | 8.1% | ||
| Q1 24 | -13.2% | 8.9% |
净利率ALBCVCO
| Q4 25 | -29.0% | 7.6% | ||
| Q3 25 | -12.3% | 9.4% | ||
| Q2 25 | 1.7% | 9.3% | ||
| Q1 25 | 3.8% | 7.1% | ||
| Q4 24 | 6.1% | 10.8% | ||
| Q3 24 | -78.9% | 8.6% | ||
| Q2 24 | -13.2% | 7.2% | ||
| Q1 24 | 0.2% | 8.1% |
每股收益（稀释后）ALBCVCO
| Q4 25 | $-3.88 | $5.58 | ||
| Q3 25 | $-1.72 | $6.55 | ||
| Q2 25 | $-0.16 | $6.42 | ||
| Q1 25 | $0.00 | $4.42 | ||
| Q4 24 | $0.29 | $6.90 | ||
| Q3 24 | $-9.45 | $5.28 | ||
| Q2 24 | $-1.96 | $4.11 | ||
| Q1 24 | $-0.08 | $4.05 |
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 | — | $241.9M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $9.5B | $1.1B |
| 总资产 | $16.4B | $1.5B |
| 负债/权益比越低杠杆越低 | 0.33× | — |
8季度趋势，按日历期对齐
现金及短期投资ALBCVCO
| Q4 25 | — | $241.9M | ||
| Q3 25 | $1.9B | $391.8M | ||
| Q2 25 | $1.8B | $362.4M | ||
| Q1 25 | $1.5B | $376.1M | ||
| Q4 24 | $1.2B | $378.9M | ||
| Q3 24 | $1.7B | $388.7M | ||
| Q2 24 | $1.8B | $380.0M | ||
| Q1 24 | $2.1B | $371.0M |
总债务ALBCVCO
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.6B | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.5B | — | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $3.5B | — | ||
| Q1 24 | $3.5B | — |
股东权益ALBCVCO
| Q4 25 | $9.5B | $1.1B | ||
| Q3 25 | $10.0B | $1.1B | ||
| Q2 25 | $10.2B | $1.1B | ||
| Q1 25 | $10.0B | $1.1B | ||
| Q4 24 | $10.0B | $1.1B | ||
| Q3 24 | $10.2B | $1.0B | ||
| Q2 24 | $11.2B | $1.0B | ||
| Q1 24 | $11.5B | $1.0B |
总资产ALBCVCO
| Q4 25 | $16.4B | $1.5B | ||
| Q3 25 | $17.1B | $1.4B | ||
| Q2 25 | $17.3B | $1.4B | ||
| Q1 25 | $17.0B | $1.4B | ||
| Q4 24 | $16.6B | $1.4B | ||
| Q3 24 | $17.5B | $1.4B | ||
| Q2 24 | $18.4B | $1.4B | ||
| Q1 24 | $19.0B | $1.4B |
负债/权益比ALBCVCO
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | 0.35× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.31× | — | ||
| Q1 24 | 0.31× | — |
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 | $66.1M |
| 自由现金流经营现金流 - 资本支出 | $233.1M | $57.6M |
| 自由现金流率自由现金流/营收 | 16.3% | 9.9% |
| 资本支出强度资本支出/营收 | 10.9% | 1.5% |
| 现金转化率经营现金流/净利润 | — | 1.50× |
| 过去12个月自由现金流最近4个季度 | $692.5M | $205.3M |
8季度趋势，按日历期对齐
经营现金流ALBCVCO
| Q4 25 | $388.5M | $66.1M | ||
| Q3 25 | $355.6M | $78.5M | ||
| Q2 25 | $-7.2M | $55.5M | ||
| Q1 25 | $545.4M | $38.6M | ||
| Q4 24 | $674.0K | $37.8M | ||
| Q3 24 | $240.5M | $54.7M | ||
| Q2 24 | $362.9M | $47.4M | ||
| Q1 24 | $98.0M | — |
自由现金流ALBCVCO
| Q4 25 | $233.1M | $57.6M | ||
| Q3 25 | $223.4M | $68.7M | ||
| Q2 25 | $-126.8M | $46.4M | ||
| Q1 25 | $362.8M | $32.5M | ||
| Q4 24 | $-355.1M | $32.3M | ||
| Q3 24 | $-62.6M | $49.8M | ||
| Q2 24 | $-84.7M | $42.4M | ||
| Q1 24 | $-481.4M | — |
自由现金流率ALBCVCO
| Q4 25 | 16.3% | 9.9% | ||
| Q3 25 | 17.1% | 12.4% | ||
| Q2 25 | -9.5% | 8.3% | ||
| Q1 25 | 33.7% | 6.4% | ||
| Q4 24 | -28.8% | 6.2% | ||
| Q3 24 | -4.6% | 9.8% | ||
| Q2 24 | -5.9% | 8.9% | ||
| Q1 24 | -35.4% | — |
资本支出强度ALBCVCO
| Q4 25 | 10.9% | 1.5% | ||
| Q3 25 | 10.1% | 1.7% | ||
| Q2 25 | 9.0% | 1.6% | ||
| Q1 25 | 17.0% | 1.2% | ||
| Q4 24 | 28.9% | 1.0% | ||
| Q3 24 | 22.4% | 1.0% | ||
| Q2 24 | 31.3% | 1.0% | ||
| Q1 24 | 42.6% | — |
现金转化率ALBCVCO
| Q4 25 | — | 1.50× | ||
| Q3 25 | — | 1.50× | ||
| Q2 25 | -0.31× | 1.08× | ||
| Q1 25 | 13.19× | 1.06× | ||
| Q4 24 | 0.01× | 0.67× | ||
| Q3 24 | — | 1.25× | ||
| Q2 24 | — | 1.38× | ||
| Q1 24 | 40.01× | — |
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% |
CVCO
| Manufactured Product Other | $532.5M | 92% |
| Other | $26.0M | 4% |
| Financial Service Other | $20.5M | 4% |
| Insurance Agency Commissions | $2.0M | 0% |
