vs
雅保（ALB）与NACCO INDUSTRIES INC（NC）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NACCO INDUSTRIES INC的21.4倍（$1.4B vs $66.8M）。NACCO INDUSTRIES INC净利率更高（-5.8% vs -29.0%，领先23.3%）。雅保同比增速更快（15.9% vs -5.2%）。过去两年NACCO INDUSTRIES INC的营收复合增速更高（11.9% 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。
纳科工业是一家总部位于美国俄亥俄州克利夫兰的上市控股公司，核心业务聚焦采矿与自然资源领域，旗下划分煤炭开采、北美采矿、矿产管理三大业务板块。其中煤炭开采板块采用服务型商业模式，依据长期合约为发电企业及活性炭生产商运营露天煤矿。
ALB vs NC — 直观对比
营收规模更大
ALB
是对方的21.4倍
$66.8M
营收增速更快
ALB
高出21.1%
-5.2%
净利率更高
NC
高出23.3%
-29.0%
两年增速更快
NC
近两年复合增速
2.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $66.8M |
| 净利润 | $-414.2M | $-3.8M |
| 毛利率 | 13.9% | 18.0% |
| 营业利润率 | -15.2% | 11.3% |
| 净利率 | -29.0% | -5.8% |
| 营收同比 | 15.9% | -5.2% |
| 净利润同比 | -650.1% | -150.8% |
| 每股收益（稀释后） | $-3.88 | $-0.53 |
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ALBNC
| Q4 25 | $1.4B | $66.8M | ||
| Q3 25 | $1.3B | $76.6M | ||
| Q2 25 | $1.3B | $68.2M | ||
| Q1 25 | $1.1B | $65.6M | ||
| Q4 24 | $1.2B | $70.4M | ||
| Q3 24 | $1.4B | $61.7M | ||
| Q2 24 | $1.4B | $52.3M | ||
| Q1 24 | $1.4B | $53.3M |
净利润ALBNC
| Q4 25 | $-414.2M | $-3.8M | ||
| Q3 25 | $-160.7M | $13.3M | ||
| Q2 25 | $22.9M | $3.3M | ||
| Q1 25 | $41.3M | $4.9M | ||
| Q4 24 | $75.3M | $7.6M | ||
| Q3 24 | $-1.1B | $15.6M | ||
| Q2 24 | $-188.2M | $6.0M | ||
| Q1 24 | $2.4M | $4.6M |
毛利率ALBNC
| Q4 25 | 13.9% | 18.0% | ||
| Q3 25 | 9.0% | 13.0% | ||
| Q2 25 | 14.8% | 10.0% | ||
| Q1 25 | 14.5% | 14.7% | ||
| Q4 24 | 11.2% | 12.0% | ||
| Q3 24 | -7.7% | 11.7% | ||
| Q2 24 | -0.7% | 13.4% | ||
| Q1 24 | 2.9% | 13.2% |
营业利润率ALBNC
| Q4 25 | -15.2% | 11.3% | ||
| Q3 25 | -16.6% | 8.8% | ||
| Q2 25 | 3.6% | -0.1% | ||
| Q1 25 | 1.8% | 11.7% | ||
| Q4 24 | 0.4% | 5.5% | ||
| Q3 24 | -81.9% | 31.9% | ||
| Q2 24 | -34.4% | 14.1% | ||
| Q1 24 | -13.2% | 8.9% |
净利率ALBNC
| Q4 25 | -29.0% | -5.8% | ||
| Q3 25 | -12.3% | 17.3% | ||
| Q2 25 | 1.7% | 4.8% | ||
| Q1 25 | 3.8% | 7.5% | ||
| Q4 24 | 6.1% | 10.7% | ||
| Q3 24 | -78.9% | 25.4% | ||
| Q2 24 | -13.2% | 11.4% | ||
| Q1 24 | 0.2% | 8.6% |
每股收益（稀释后）ALBNC
| Q4 25 | $-3.88 | $-0.53 | ||
| Q3 25 | $-1.72 | $1.78 | ||
| Q2 25 | $-0.16 | $0.44 | ||
| Q1 25 | $0.00 | $0.66 | ||
| Q4 24 | $0.29 | $0.99 | ||
| Q3 24 | $-9.45 | $2.14 | ||
| Q2 24 | $-1.96 | $0.81 | ||
| Q1 24 | $-0.08 | $0.61 |
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 | — | $49.7M |
| 总债务越低越好 | $3.2B | $100.8M |
| 股东权益账面价值 | $9.5B | $429.2M |
| 总资产 | $16.4B | $661.2M |
| 负债/权益比越低杠杆越低 | 0.33× | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资ALBNC
| Q4 25 | — | $49.7M | ||
| Q3 25 | $1.9B | $52.7M | ||
| Q2 25 | $1.8B | $49.4M | ||
| Q1 25 | $1.5B | $61.9M | ||
| Q4 24 | $1.2B | $72.8M | ||
| Q3 24 | $1.7B | $63.1M | ||
| Q2 24 | $1.8B | $62.4M | ||
| Q1 24 | $2.1B | $61.8M |
总债务ALBNC
| Q4 25 | $3.2B | $100.8M | ||
| Q3 25 | $3.6B | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.5B | — | ||
| Q4 24 | $3.5B | $99.4M | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $3.5B | $29.0M | ||
| Q1 24 | $3.5B | $28.4M |
股东权益ALBNC
| Q4 25 | $9.5B | $429.2M | ||
| Q3 25 | $10.0B | $426.4M | ||
| Q2 25 | $10.2B | $413.1M | ||
| Q1 25 | $10.0B | $409.1M | ||
| Q4 24 | $10.0B | $404.9M | ||
| Q3 24 | $10.2B | $397.3M | ||
| Q2 24 | $11.2B | $384.1M | ||
| Q1 24 | $11.5B | $381.6M |
总资产ALBNC
| Q4 25 | $16.4B | $661.2M | ||
| Q3 25 | $17.1B | $637.6M | ||
| Q2 25 | $17.3B | $631.3M | ||
| Q1 25 | $17.0B | $634.2M | ||
| Q4 24 | $16.6B | $631.7M | ||
| Q3 24 | $17.5B | $597.4M | ||
| Q2 24 | $18.4B | $560.1M | ||
| Q1 24 | $19.0B | $538.0M |
负债/权益比ALBNC
| Q4 25 | 0.33× | 0.23× | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | 0.35× | 0.25× | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.31× | 0.08× | ||
| Q1 24 | 0.31× | 0.07× |
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 | $11.4M |
| 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% | — |
| 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ALBNC
| Q4 25 | $388.5M | $11.4M | ||
| Q3 25 | $355.6M | $42.3M | ||
| Q2 25 | $-7.2M | $-7.8M | ||
| Q1 25 | $545.4M | $5.0M | ||
| Q4 24 | $674.0K | $25.2M | ||
| Q3 24 | $240.5M | $2.8M | ||
| Q2 24 | $362.9M | $4.1M | ||
| Q1 24 | $98.0M | $-9.8M |
自由现金流ALBNC
| Q4 25 | $233.1M | — | ||
| Q3 25 | $223.4M | — | ||
| Q2 25 | $-126.8M | — | ||
| Q1 25 | $362.8M | — | ||
| Q4 24 | $-355.1M | — | ||
| Q3 24 | $-62.6M | — | ||
| Q2 24 | $-84.7M | — | ||
| Q1 24 | $-481.4M | — |
自由现金流率ALBNC
| Q4 25 | 16.3% | — | ||
| Q3 25 | 17.1% | — | ||
| Q2 25 | -9.5% | — | ||
| Q1 25 | 33.7% | — | ||
| Q4 24 | -28.8% | — | ||
| Q3 24 | -4.6% | — | ||
| Q2 24 | -5.9% | — | ||
| Q1 24 | -35.4% | — |
资本支出强度ALBNC
| Q4 25 | 10.9% | — | ||
| Q3 25 | 10.1% | — | ||
| Q2 25 | 9.0% | — | ||
| Q1 25 | 17.0% | — | ||
| Q4 24 | 28.9% | — | ||
| Q3 24 | 22.4% | — | ||
| Q2 24 | 31.3% | — | ||
| Q1 24 | 42.6% | — |
现金转化率ALBNC
| Q4 25 | — | — | ||
| Q3 25 | — | 3.19× | ||
| Q2 25 | -0.31× | -2.39× | ||
| Q1 25 | 13.19× | 1.03× | ||
| Q4 24 | 0.01× | 3.33× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | 40.01× | -2.14× |
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% |
NC
| Transferred Over Time | $42.7M | 64% |
| Transferred At Point In Time | $24.1M | 36% |
