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雅保（ALB）与赫氏（HXL）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赫氏的2.8倍（$1.4B vs $501.5M）。赫氏净利率更高（7.4% vs -29.0%，领先36.4%）。雅保同比增速更快（15.9% vs 9.9%）。过去两年雅保的营收复合增速更高（2.4% vs 0.1%）
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。
赫氏是总部位于美国康涅狄格州斯坦福德的上市工业材料企业，专注于结构材料的研发与生产，由加州增强塑料公司、汽巴复合材料业务、赫克力士复合材料产品部门合并组建。其产品覆盖商用、军工、休闲等市场，广泛应用于军民飞机、航天运载火箭、卫星、风电叶片、运动器材等领域。
ALB vs HXL — 直观对比
营收规模更大
ALB
是对方的2.8倍
$501.5M
营收增速更快
ALB
高出6.1%
9.9%
净利率更高
HXL
高出36.4%
-29.0%
两年增速更快
ALB
近两年复合增速
0.1%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $501.5M |
| 净利润 | $-414.2M | $37.2M |
| 毛利率 | 13.9% | 26.9% |
| 营业利润率 | -15.2% | 11.5% |
| 净利率 | -29.0% | 7.4% |
| 营收同比 | 15.9% | 9.9% |
| 净利润同比 | -650.1% | 29.6% |
| 每股收益（稀释后） | $-3.88 | $0.49 |
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ALBHXL
| Q1 26 | — | $501.5M | ||
| Q4 25 | $1.4B | $491.3M | ||
| Q3 25 | $1.3B | $456.2M | ||
| Q2 25 | $1.3B | $489.9M | ||
| Q1 25 | $1.1B | $456.5M | ||
| Q4 24 | $1.2B | $473.8M | ||
| Q3 24 | $1.4B | $456.5M | ||
| Q2 24 | $1.4B | $500.4M |
净利润ALBHXL
| Q1 26 | — | $37.2M | ||
| Q4 25 | $-414.2M | $46.4M | ||
| Q3 25 | $-160.7M | $20.6M | ||
| Q2 25 | $22.9M | $13.5M | ||
| Q1 25 | $41.3M | $28.9M | ||
| Q4 24 | $75.3M | $5.8M | ||
| Q3 24 | $-1.1B | $39.8M | ||
| Q2 24 | $-188.2M | $50.0M |
毛利率ALBHXL
| Q1 26 | — | 26.9% | ||
| Q4 25 | 13.9% | 24.6% | ||
| Q3 25 | 9.0% | 21.9% | ||
| Q2 25 | 14.8% | 22.8% | ||
| Q1 25 | 14.5% | 22.4% | ||
| Q4 24 | 11.2% | 25.0% | ||
| Q3 24 | -7.7% | 23.3% | ||
| Q2 24 | -0.7% | 25.3% |
营业利润率ALBHXL
| Q1 26 | — | 11.5% | ||
| Q4 25 | -15.2% | 12.5% | ||
| Q3 25 | -16.6% | 7.9% | ||
| Q2 25 | 3.6% | 6.1% | ||
| Q1 25 | 1.8% | 9.7% | ||
| Q4 24 | 0.4% | 1.9% | ||
| Q3 24 | -81.9% | 11.5% | ||
| Q2 24 | -34.4% | 14.3% |
净利率ALBHXL
| Q1 26 | — | 7.4% | ||
| Q4 25 | -29.0% | 9.4% | ||
| Q3 25 | -12.3% | 4.5% | ||
| Q2 25 | 1.7% | 2.8% | ||
| Q1 25 | 3.8% | 6.3% | ||
| Q4 24 | 6.1% | 1.2% | ||
| Q3 24 | -78.9% | 8.7% | ||
| Q2 24 | -13.2% | 10.0% |
每股收益（稀释后）ALBHXL
| Q1 26 | — | $0.49 | ||
| Q4 25 | $-3.88 | — | ||
| Q3 25 | $-1.72 | — | ||
| Q2 25 | $-0.16 | — | ||
| Q1 25 | $0.00 | — | ||
| Q4 24 | $0.29 | — | ||
| Q3 24 | $-9.45 | — | ||
| Q2 24 | $-1.96 | — |
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 | — | $54.1M |
| 总债务越低越好 | $3.2B | $998.1M |
| 股东权益账面价值 | $9.5B | $1.3B |
| 总资产 | $16.4B | $2.7B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.79× |
8季度趋势，按日历期对齐
现金及短期投资ALBHXL
| Q1 26 | — | $54.1M | ||
| Q4 25 | — | $71.0M | ||
| Q3 25 | $1.9B | $90.5M | ||
| Q2 25 | $1.8B | $77.2M | ||
| Q1 25 | $1.5B | $89.2M | ||
| Q4 24 | $1.2B | $125.4M | ||
| Q3 24 | $1.7B | $98.2M | ||
| Q2 24 | $1.8B | $75.4M |
总债务ALBHXL
| Q1 26 | — | $998.1M | ||
| 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 | — |
股东权益ALBHXL
| Q1 26 | — | $1.3B | ||
| Q4 25 | $9.5B | $1.3B | ||
| Q3 25 | $10.0B | $1.6B | ||
| Q2 25 | $10.2B | $1.6B | ||
| Q1 25 | $10.0B | $1.5B | ||
| Q4 24 | $10.0B | $1.5B | ||
| Q3 24 | $10.2B | $1.6B | ||
| Q2 24 | $11.2B | $1.6B |
总资产ALBHXL
| Q1 26 | — | $2.7B | ||
| Q4 25 | $16.4B | $2.7B | ||
| Q3 25 | $17.1B | $2.8B | ||
| Q2 25 | $17.3B | $2.8B | ||
| Q1 25 | $17.0B | $2.8B | ||
| Q4 24 | $16.6B | $2.7B | ||
| Q3 24 | $17.5B | $2.9B | ||
| Q2 24 | $18.4B | $2.8B |
负债/权益比ALBHXL
| Q1 26 | — | 0.79× | ||
| 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× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $233.1M | — |
| 自由现金流率自由现金流/营收 | 16.3% | — |
| 资本支出强度资本支出/营收 | 10.9% | 3.2% |
| 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 | $692.5M | — |
8季度趋势，按日历期对齐
经营现金流ALBHXL
| Q1 26 | — | — | ||
| Q4 25 | $388.5M | $125.5M | ||
| Q3 25 | $355.6M | $110.2M | ||
| Q2 25 | $-7.2M | $23.3M | ||
| Q1 25 | $545.4M | $-28.5M | ||
| Q4 24 | $674.0K | $162.6M | ||
| Q3 24 | $240.5M | $90.1M | ||
| Q2 24 | $362.9M | $44.2M |
自由现金流ALBHXL
| Q1 26 | — | — | ||
| Q4 25 | $233.1M | $107.3M | ||
| Q3 25 | $223.4M | $96.5M | ||
| Q2 25 | $-126.8M | $8.0M | ||
| Q1 25 | $362.8M | $-54.6M | ||
| Q4 24 | $-355.1M | $144.0M | ||
| Q3 24 | $-62.6M | $73.3M | ||
| Q2 24 | $-84.7M | $21.3M |
自由现金流率ALBHXL
| Q1 26 | — | — | ||
| Q4 25 | 16.3% | 21.8% | ||
| Q3 25 | 17.1% | 21.2% | ||
| Q2 25 | -9.5% | 1.6% | ||
| Q1 25 | 33.7% | -12.0% | ||
| Q4 24 | -28.8% | 30.4% | ||
| Q3 24 | -4.6% | 16.1% | ||
| Q2 24 | -5.9% | 4.3% |
资本支出强度ALBHXL
| Q1 26 | — | 3.2% | ||
| Q4 25 | 10.9% | 3.7% | ||
| Q3 25 | 10.1% | 3.0% | ||
| Q2 25 | 9.0% | 3.1% | ||
| Q1 25 | 17.0% | 5.7% | ||
| Q4 24 | 28.9% | 3.9% | ||
| Q3 24 | 22.4% | 3.7% | ||
| Q2 24 | 31.3% | 4.6% |
现金转化率ALBHXL
| Q1 26 | — | — | ||
| Q4 25 | — | 2.70× | ||
| Q3 25 | — | 5.35× | ||
| Q2 25 | -0.31× | 1.73× | ||
| Q1 25 | 13.19× | -0.99× | ||
| Q4 24 | 0.01× | 28.03× | ||
| Q3 24 | — | 2.26× | ||
| Q2 24 | — | 0.88× |
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% |
HXL
暂无分部数据
