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雅保（ALB）与先锋自然资源公司（PR）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先锋自然资源公司的1.2倍（$1.4B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs -29.0%，领先58.0%），雅保同比增速更快（15.9% vs -9.8%），过去两年雅保的营收复合增速更高（2.4% vs -3.0%）
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。
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
ALB vs PR — 直观对比
营收规模更大
ALB
是对方的1.2倍
$1.2B
营收增速更快
ALB
高出25.7%
-9.8%
净利率更高
PR
高出58.0%
-29.0%
两年增速更快
ALB
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.2B |
| 净利润 | $-414.2M | $339.5M |
| 毛利率 | 13.9% | — |
| 营业利润率 | -15.2% | 23.1% |
| 净利率 | -29.0% | 29.0% |
| 营收同比 | 15.9% | -9.8% |
| 净利润同比 | -650.1% | 56.7% |
| 每股收益（稀释后） | $-3.88 | $0.48 |
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ALBPR
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.3B | $1.3B | ||
| Q2 25 | $1.3B | $1.2B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.4B | $1.2B | ||
| Q2 24 | $1.4B | $1.2B | ||
| Q1 24 | $1.4B | $1.2B |
净利润ALBPR
| Q4 25 | $-414.2M | $339.5M | ||
| Q3 25 | $-160.7M | $59.2M | ||
| Q2 25 | $22.9M | $207.1M | ||
| Q1 25 | $41.3M | $329.3M | ||
| Q4 24 | $75.3M | $216.7M | ||
| Q3 24 | $-1.1B | $386.4M | ||
| Q2 24 | $-188.2M | $235.1M | ||
| Q1 24 | $2.4M | $146.6M |
毛利率ALBPR
| Q4 25 | 13.9% | — | ||
| Q3 25 | 9.0% | — | ||
| Q2 25 | 14.8% | — | ||
| Q1 25 | 14.5% | — | ||
| Q4 24 | 11.2% | — | ||
| Q3 24 | -7.7% | — | ||
| Q2 24 | -0.7% | — | ||
| Q1 24 | 2.9% | — |
营业利润率ALBPR
| Q4 25 | -15.2% | 23.1% | ||
| Q3 25 | -16.6% | 29.6% | ||
| Q2 25 | 3.6% | 24.8% | ||
| Q1 25 | 1.8% | 36.6% | ||
| Q4 24 | 0.4% | 32.8% | ||
| Q3 24 | -81.9% | 32.5% | ||
| Q2 24 | -34.4% | 36.5% | ||
| Q1 24 | -13.2% | 37.7% |
净利率ALBPR
| Q4 25 | -29.0% | 29.0% | ||
| Q3 25 | -12.3% | 4.5% | ||
| Q2 25 | 1.7% | 17.3% | ||
| Q1 25 | 3.8% | 23.9% | ||
| Q4 24 | 6.1% | 16.7% | ||
| Q3 24 | -78.9% | 31.8% | ||
| Q2 24 | -13.2% | 18.9% | ||
| Q1 24 | 0.2% | 11.8% |
每股收益（稀释后）ALBPR
| Q4 25 | $-3.88 | $0.48 | ||
| Q3 25 | $-1.72 | $0.08 | ||
| Q2 25 | $-0.16 | $0.28 | ||
| Q1 25 | $0.00 | $0.44 | ||
| Q4 24 | $0.29 | $0.31 | ||
| Q3 24 | $-9.45 | $0.53 | ||
| Q2 24 | $-1.96 | $0.36 | ||
| Q1 24 | $-0.08 | $0.25 |
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 | — | $153.7M |
| 总债务越低越好 | $3.2B | $3.5B |
| 股东权益账面价值 | $9.5B | $10.3B |
| 总资产 | $16.4B | $17.9B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资ALBPR
| Q4 25 | — | $153.7M | ||
| Q3 25 | $1.9B | $111.8M | ||
| Q2 25 | $1.8B | $451.0M | ||
| Q1 25 | $1.5B | $702.2M | ||
| Q4 24 | $1.2B | $479.3M | ||
| Q3 24 | $1.7B | $272.0M | ||
| Q2 24 | $1.8B | $47.8M | ||
| Q1 24 | $2.1B | $12.7M |
总债务ALBPR
| Q4 25 | $3.2B | $3.5B | ||
| Q3 25 | $3.6B | $3.5B | ||
| Q2 25 | $3.6B | $4.0B | ||
| Q1 25 | $3.5B | $4.0B | ||
| Q4 24 | $3.5B | $4.2B | ||
| Q3 24 | $3.6B | $4.2B | ||
| Q2 24 | $3.5B | $3.9B | ||
| Q1 24 | $3.5B | $3.9B |
股东权益ALBPR
| Q4 25 | $9.5B | $10.3B | ||
| Q3 25 | $10.0B | $10.0B | ||
| Q2 25 | $10.2B | $9.5B | ||
| Q1 25 | $10.0B | $9.4B | ||
| Q4 24 | $10.0B | $9.1B | ||
| Q3 24 | $10.2B | $9.0B | ||
| Q2 24 | $11.2B | $8.3B | ||
| Q1 24 | $11.5B | $7.0B |
总资产ALBPR
| Q4 25 | $16.4B | $17.9B | ||
| Q3 25 | $17.1B | $17.3B | ||
| Q2 25 | $17.3B | $17.5B | ||
| Q1 25 | $17.0B | $17.1B | ||
| Q4 24 | $16.6B | $16.9B | ||
| Q3 24 | $17.5B | $16.6B | ||
| Q2 24 | $18.4B | $15.4B | ||
| Q1 24 | $19.0B | $15.1B |
负债/权益比ALBPR
| Q4 25 | 0.33× | 0.34× | ||
| Q3 25 | 0.36× | 0.35× | ||
| Q2 25 | 0.35× | 0.42× | ||
| Q1 25 | 0.35× | 0.43× | ||
| Q4 24 | 0.35× | 0.46× | ||
| Q3 24 | 0.35× | 0.47× | ||
| Q2 24 | 0.31× | 0.46× | ||
| Q1 24 | 0.31× | 0.56× |
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 | $904.3M |
| 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 | — | 2.66× |
| 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ALBPR
| Q4 25 | $388.5M | $904.3M | ||
| Q3 25 | $355.6M | $766.5M | ||
| Q2 25 | $-7.2M | $1.0B | ||
| Q1 25 | $545.4M | $898.0M | ||
| Q4 24 | $674.0K | $871.6M | ||
| Q3 24 | $240.5M | $954.4M | ||
| Q2 24 | $362.9M | $938.4M | ||
| Q1 24 | $98.0M | $647.6M |
自由现金流ALBPR
| 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ALBPR
| 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ALBPR
| 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ALBPR
| Q4 25 | — | 2.66× | ||
| Q3 25 | — | 12.94× | ||
| Q2 25 | -0.31× | 5.01× | ||
| Q1 25 | 13.19× | 2.73× | ||
| Q4 24 | 0.01× | 4.02× | ||
| Q3 24 | — | 2.47× | ||
| Q2 24 | — | 3.99× | ||
| Q1 24 | 40.01× | 4.42× |
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% |
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
