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雅保（ALB）与LOUISIANA-PACIFIC CORP（LPX）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LOUISIANA-PACIFIC CORP的2.5倍（$1.4B vs $566.0M）。LOUISIANA-PACIFIC CORP净利率更高（-1.4% vs -29.0%，领先27.6%）。雅保同比增速更快（15.9% vs -16.9%）。雅保自由现金流更多（$233.1M vs $-8.0M）。过去两年雅保的营收复合增速更高（2.4% vs -11.6%）
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。
路易斯安那-太平洋公司（简称LP）是美国知名建材制造商，成立于1973年，是美国定向结构刨花板（OSB）生产的开创者，总部现位于田纳西州纳什维尔。作为全球最大的OSB生产商，公司还生产工程木建材产品，通过建材分销商、经销商及家居零售中心向建筑商和业主供货。
ALB vs LPX — 直观对比
营收规模更大
ALB
是对方的2.5倍
$566.0M
营收增速更快
ALB
高出32.8%
-16.9%
净利率更高
LPX
高出27.6%
-29.0%
自由现金流更多
ALB
多$241.1M
$-8.0M
两年增速更快
ALB
近两年复合增速
-11.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $566.0M |
| 净利润 | $-414.2M | $-8.0M |
| 毛利率 | 13.9% | 15.0% |
| 营业利润率 | -15.2% | -1.6% |
| 净利率 | -29.0% | -1.4% |
| 营收同比 | 15.9% | -16.9% |
| 净利润同比 | -650.1% | -112.9% |
| 每股收益（稀释后） | $-3.88 | $-0.12 |
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ALBLPX
| Q4 25 | $1.4B | $566.0M | ||
| Q3 25 | $1.3B | $663.0M | ||
| Q2 25 | $1.3B | $755.0M | ||
| Q1 25 | $1.1B | $724.0M | ||
| Q4 24 | $1.2B | $681.0M | ||
| Q3 24 | $1.4B | $722.0M | ||
| Q2 24 | $1.4B | $814.0M | ||
| Q1 24 | $1.4B | $724.0M |
净利润ALBLPX
| Q4 25 | $-414.2M | $-8.0M | ||
| Q3 25 | $-160.7M | $9.0M | ||
| Q2 25 | $22.9M | $54.0M | ||
| Q1 25 | $41.3M | $91.0M | ||
| Q4 24 | $75.3M | $62.0M | ||
| Q3 24 | $-1.1B | $90.0M | ||
| Q2 24 | $-188.2M | $160.0M | ||
| Q1 24 | $2.4M | $108.0M |
毛利率ALBLPX
| Q4 25 | 13.9% | 15.0% | ||
| Q3 25 | 9.0% | 19.5% | ||
| Q2 25 | 14.8% | 23.6% | ||
| Q1 25 | 14.5% | 27.2% | ||
| Q4 24 | 11.2% | 23.8% | ||
| Q3 24 | -7.7% | 26.7% | ||
| Q2 24 | -0.7% | 32.3% | ||
| Q1 24 | 2.9% | 29.6% |
营业利润率ALBLPX
| Q4 25 | -15.2% | -1.6% | ||
| Q3 25 | -16.6% | 2.7% | ||
| Q2 25 | 3.6% | 10.6% | ||
| Q1 25 | 1.8% | 16.6% | ||
| Q4 24 | 0.4% | 11.0% | ||
| Q3 24 | -81.9% | 16.1% | ||
| Q2 24 | -34.4% | 23.8% | ||
| Q1 24 | -13.2% | 20.0% |
净利率ALBLPX
| Q4 25 | -29.0% | -1.4% | ||
| Q3 25 | -12.3% | 1.4% | ||
| Q2 25 | 1.7% | 7.2% | ||
| Q1 25 | 3.8% | 12.6% | ||
| Q4 24 | 6.1% | 9.1% | ||
| Q3 24 | -78.9% | 12.5% | ||
| Q2 24 | -13.2% | 19.7% | ||
| Q1 24 | 0.2% | 14.9% |
每股收益（稀释后）ALBLPX
| Q4 25 | $-3.88 | $-0.12 | ||
| Q3 25 | $-1.72 | $0.13 | ||
| Q2 25 | $-0.16 | $0.77 | ||
| Q1 25 | $0.00 | $1.30 | ||
| Q4 24 | $0.29 | $0.90 | ||
| Q3 24 | $-9.45 | $1.28 | ||
| Q2 24 | $-1.96 | $2.23 | ||
| Q1 24 | $-0.08 | $1.48 |
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 | — | $292.0M |
| 总债务越低越好 | $3.2B | $348.0M |
| 股东权益账面价值 | $9.5B | $1.7B |
| 总资产 | $16.4B | $2.6B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资ALBLPX
| Q4 25 | — | $292.0M | ||
| Q3 25 | $1.9B | $316.0M | ||
| Q2 25 | $1.8B | $333.0M | ||
| Q1 25 | $1.5B | $256.0M | ||
| Q4 24 | $1.2B | $340.0M | ||
| Q3 24 | $1.7B | $346.0M | ||
| Q2 24 | $1.8B | $317.0M | ||
| Q1 24 | $2.1B | $244.0M |
总债务ALBLPX
| Q4 25 | $3.2B | $348.0M | ||
| Q3 25 | $3.6B | $348.0M | ||
| Q2 25 | $3.6B | $348.0M | ||
| Q1 25 | $3.5B | $348.0M | ||
| Q4 24 | $3.5B | $348.0M | ||
| Q3 24 | $3.6B | $347.0M | ||
| Q2 24 | $3.5B | $347.0M | ||
| Q1 24 | $3.5B | $347.0M |
股东权益ALBLPX
| Q4 25 | $9.5B | $1.7B | ||
| Q3 25 | $10.0B | $1.7B | ||
| Q2 25 | $10.2B | $1.7B | ||
| Q1 25 | $10.0B | $1.7B | ||
| Q4 24 | $10.0B | $1.7B | ||
| Q3 24 | $10.2B | $1.7B | ||
| Q2 24 | $11.2B | $1.7B | ||
| Q1 24 | $11.5B | $1.6B |
总资产ALBLPX
| Q4 25 | $16.4B | $2.6B | ||
| Q3 25 | $17.1B | $2.6B | ||
| Q2 25 | $17.3B | $2.7B | ||
| Q1 25 | $17.0B | $2.6B | ||
| Q4 24 | $16.6B | $2.6B | ||
| Q3 24 | $17.5B | $2.6B | ||
| Q2 24 | $18.4B | $2.5B | ||
| Q1 24 | $19.0B | $2.5B |
负债/权益比ALBLPX
| Q4 25 | 0.33× | 0.20× | ||
| Q3 25 | 0.36× | 0.20× | ||
| Q2 25 | 0.35× | 0.20× | ||
| Q1 25 | 0.35× | 0.21× | ||
| Q4 24 | 0.35× | 0.21× | ||
| Q3 24 | 0.35× | 0.21× | ||
| Q2 24 | 0.31× | 0.21× | ||
| Q1 24 | 0.31× | 0.21× |
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 | $67.0M |
| 自由现金流经营现金流 - 资本支出 | $233.1M | $-8.0M |
| 自由现金流率自由现金流/营收 | 16.3% | -1.4% |
| 资本支出强度资本支出/营收 | 10.9% | 13.3% |
| 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 | $91.0M |
8季度趋势，按日历期对齐
经营现金流ALBLPX
| Q4 25 | $388.5M | $67.0M | ||
| Q3 25 | $355.6M | $89.0M | ||
| Q2 25 | $-7.2M | $162.0M | ||
| Q1 25 | $545.4M | $64.0M | ||
| Q4 24 | $674.0K | $105.0M | ||
| Q3 24 | $240.5M | $183.0M | ||
| Q2 24 | $362.9M | $212.0M | ||
| Q1 24 | $98.0M | $105.0M |
自由现金流ALBLPX
| Q4 25 | $233.1M | $-8.0M | ||
| Q3 25 | $223.4M | $5.0M | ||
| Q2 25 | $-126.8M | $94.0M | ||
| Q1 25 | $362.8M | $0 | ||
| Q4 24 | $-355.1M | $43.0M | ||
| Q3 24 | $-62.6M | $139.0M | ||
| Q2 24 | $-84.7M | $176.0M | ||
| Q1 24 | $-481.4M | $64.0M |
自由现金流率ALBLPX
| Q4 25 | 16.3% | -1.4% | ||
| Q3 25 | 17.1% | 0.8% | ||
| Q2 25 | -9.5% | 12.5% | ||
| Q1 25 | 33.7% | 0.0% | ||
| Q4 24 | -28.8% | 6.3% | ||
| Q3 24 | -4.6% | 19.3% | ||
| Q2 24 | -5.9% | 21.6% | ||
| Q1 24 | -35.4% | 8.8% |
资本支出强度ALBLPX
| Q4 25 | 10.9% | 13.3% | ||
| Q3 25 | 10.1% | 12.7% | ||
| Q2 25 | 9.0% | 9.0% | ||
| Q1 25 | 17.0% | 8.8% | ||
| Q4 24 | 28.9% | 9.1% | ||
| Q3 24 | 22.4% | 6.1% | ||
| Q2 24 | 31.3% | 4.4% | ||
| Q1 24 | 42.6% | 5.7% |
现金转化率ALBLPX
| Q4 25 | — | — | ||
| Q3 25 | — | 9.89× | ||
| Q2 25 | -0.31× | 3.00× | ||
| Q1 25 | 13.19× | 0.70× | ||
| Q4 24 | 0.01× | 1.69× | ||
| Q3 24 | — | 2.03× | ||
| Q2 24 | — | 1.32× | ||
| Q1 24 | 40.01× | 0.97× |
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% |
LPX
| OS Bvalueadd | $472.0M | 83% |
| Other | $84.0M | 15% |
| Otherproducts | $10.0M | 2% |
