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雅保（ALB）与FRIEDMAN INDUSTRIES INC（FRD）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FRIEDMAN INDUSTRIES INC的8.5倍（$1.4B vs $168.0M）。FRIEDMAN INDUSTRIES INC净利率更高（1.8% vs -29.0%，领先30.8%）。FRIEDMAN INDUSTRIES INC同比增速更快（78.6% vs 15.9%）。雅保自由现金流更多（$233.1M vs $-6.3M）。过去两年FRIEDMAN INDUSTRIES INC的营收复合增速更高（33.6% 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。
赫尔曼与弗里德曼（H&F）是一家美国私募股权公司，由沃伦·赫尔曼与塔利·弗里德曼于1984年创立，主要通过杠杆收购及成长资本开展投资业务，核心投资方向覆盖传媒、金融服务、专业服务与信息服务等多个领域。
ALB vs FRD — 直观对比
营收规模更大
ALB
是对方的8.5倍
$168.0M
营收增速更快
FRD
高出62.6%
15.9%
净利率更高
FRD
高出30.8%
-29.0%
自由现金流更多
ALB
多$239.4M
$-6.3M
两年增速更快
FRD
近两年复合增速
2.4%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $168.0M |
| 净利润 | $-414.2M | $3.0M |
| 毛利率 | 13.9% | 2.3% |
| 营业利润率 | -15.2% | 2.3% |
| 净利率 | -29.0% | 1.8% |
| 营收同比 | 15.9% | 78.6% |
| 净利润同比 | -650.1% | 364.1% |
| 每股收益（稀释后） | $-3.88 | $0.43 |
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ALBFRD
| Q4 25 | $1.4B | $168.0M | ||
| Q3 25 | $1.3B | $152.4M | ||
| Q2 25 | $1.3B | $134.8M | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.2B | $94.1M | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | $114.6M | ||
| Q1 24 | $1.4B | — |
净利润ALBFRD
| Q4 25 | $-414.2M | $3.0M | ||
| Q3 25 | $-160.7M | $2.2M | ||
| Q2 25 | $22.9M | $5.0M | ||
| Q1 25 | $41.3M | — | ||
| Q4 24 | $75.3M | $-1.2M | ||
| Q3 24 | $-1.1B | — | ||
| Q2 24 | $-188.2M | $2.6M | ||
| Q1 24 | $2.4M | — |
毛利率ALBFRD
| Q4 25 | 13.9% | 2.3% | ||
| Q3 25 | 9.0% | 1.9% | ||
| Q2 25 | 14.8% | 5.2% | ||
| Q1 25 | 14.5% | — | ||
| Q4 24 | 11.2% | — | ||
| Q3 24 | -7.7% | — | ||
| Q2 24 | -0.7% | -1.2% | ||
| Q1 24 | 2.9% | — |
营业利润率ALBFRD
| Q4 25 | -15.2% | 2.3% | ||
| Q3 25 | -16.6% | 1.9% | ||
| Q2 25 | 3.6% | 5.2% | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 0.4% | -1.3% | ||
| Q3 24 | -81.9% | — | ||
| Q2 24 | -34.4% | -1.2% | ||
| Q1 24 | -13.2% | — |
净利率ALBFRD
| Q4 25 | -29.0% | 1.8% | ||
| Q3 25 | -12.3% | 1.5% | ||
| Q2 25 | 1.7% | 3.7% | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | 6.1% | -1.2% | ||
| Q3 24 | -78.9% | — | ||
| Q2 24 | -13.2% | 2.2% | ||
| Q1 24 | 0.2% | — |
每股收益（稀释后）ALBFRD
| Q4 25 | $-3.88 | $0.43 | ||
| Q3 25 | $-1.72 | $0.32 | ||
| Q2 25 | $-0.16 | $0.71 | ||
| Q1 25 | $0.00 | — | ||
| Q4 24 | $0.29 | $-0.17 | ||
| Q3 24 | $-9.45 | — | ||
| Q2 24 | $-1.96 | $0.37 | ||
| Q1 24 | $-0.08 | — |
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 | — | $3.0M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $9.5B | $142.2M |
| 总资产 | $16.4B | $311.9M |
| 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ALBFRD
| Q4 25 | — | $3.0M | ||
| Q3 25 | $1.9B | $4.6M | ||
| Q2 25 | $1.8B | $2.1M | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.2B | $1.1M | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.8B | $4.1M | ||
| Q1 24 | $2.1B | — |
总债务ALBFRD
| 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ALBFRD
| Q4 25 | $9.5B | $142.2M | ||
| Q3 25 | $10.0B | $139.3M | ||
| Q2 25 | $10.2B | $137.3M | ||
| Q1 25 | $10.0B | — | ||
| Q4 24 | $10.0B | $127.3M | ||
| Q3 24 | $10.2B | — | ||
| Q2 24 | $11.2B | $129.7M | ||
| Q1 24 | $11.5B | — |
总资产ALBFRD
| Q4 25 | $16.4B | $311.9M | ||
| Q3 25 | $17.1B | $311.3M | ||
| Q2 25 | $17.3B | $219.1M | ||
| Q1 25 | $17.0B | — | ||
| Q4 24 | $16.6B | $210.3M | ||
| Q3 24 | $17.5B | — | ||
| Q2 24 | $18.4B | $222.8M | ||
| Q1 24 | $19.0B | — |
负债/权益比ALBFRD
| 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 | $-4.7M |
| 自由现金流经营现金流 - 资本支出 | $233.1M | $-6.3M |
| 自由现金流率自由现金流/营收 | 16.3% | -3.8% |
| 资本支出强度资本支出/营收 | 10.9% | 1.0% |
| 现金转化率经营现金流/净利润 | — | -1.56× |
| 过去12个月自由现金流最近4个季度 | $692.5M | — |
8季度趋势，按日历期对齐
经营现金流ALBFRD
| Q4 25 | $388.5M | — | ||
| Q3 25 | $355.6M | — | ||
| Q2 25 | $-7.2M | $15.5M | ||
| Q1 25 | $545.4M | — | ||
| Q4 24 | $674.0K | — | ||
| Q3 24 | $240.5M | — | ||
| Q2 24 | $362.9M | $-6.1M | ||
| Q1 24 | $98.0M | — |
自由现金流ALBFRD
| Q4 25 | $233.1M | — | ||
| Q3 25 | $223.4M | — | ||
| Q2 25 | $-126.8M | $13.7M | ||
| Q1 25 | $362.8M | — | ||
| Q4 24 | $-355.1M | — | ||
| Q3 24 | $-62.6M | — | ||
| Q2 24 | $-84.7M | $-7.1M | ||
| Q1 24 | $-481.4M | — |
自由现金流率ALBFRD
| Q4 25 | 16.3% | — | ||
| Q3 25 | 17.1% | — | ||
| Q2 25 | -9.5% | 10.2% | ||
| Q1 25 | 33.7% | — | ||
| Q4 24 | -28.8% | — | ||
| Q3 24 | -4.6% | — | ||
| Q2 24 | -5.9% | -6.2% | ||
| Q1 24 | -35.4% | — |
资本支出强度ALBFRD
| Q4 25 | 10.9% | — | ||
| Q3 25 | 10.1% | — | ||
| Q2 25 | 9.0% | 1.3% | ||
| Q1 25 | 17.0% | — | ||
| Q4 24 | 28.9% | — | ||
| Q3 24 | 22.4% | — | ||
| Q2 24 | 31.3% | 0.9% | ||
| Q1 24 | 42.6% | — |
现金转化率ALBFRD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.31× | 3.08× | ||
| Q1 25 | 13.19× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -2.36× | ||
| 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% |
FRD
| Prime Coil | $152.0M | 90% |
| Manufactured Pipe | $14.9M | 9% |
| Customer Owned | $1.1M | 1% |
