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雅保（ALB）与Rivian Automotive, Inc.（RIVN）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Rivian Automotive, Inc.的1.1倍（$1.4B vs $1.3B），雅保净利率更高（-29.0% vs -63.1%，领先34.1%），雅保同比增速更快（15.9% vs -25.8%），雅保自由现金流更多（$233.1M vs $-1.1B），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% 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。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
ALB vs RIVN — 直观对比
营收规模更大
ALB
是对方的1.1倍
$1.3B
营收增速更快
ALB
高出41.8%
-25.8%
净利率更高
ALB
高出34.1%
-63.1%
自由现金流更多
ALB
多$1.4B
$-1.1B
两年增速更快
RIVN
近两年复合增速
2.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.3B |
| 净利润 | $-414.2M | $-811.0M |
| 毛利率 | 13.9% | 9.3% |
| 营业利润率 | -15.2% | -64.8% |
| 净利率 | -29.0% | -63.1% |
| 营收同比 | 15.9% | -25.8% |
| 净利润同比 | -650.1% | -9.0% |
| 每股收益（稀释后） | $-3.88 | $-0.66 |
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ALBRIVN
| Q4 25 | $1.4B | $1.3B | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.3B | $1.3B | ||
| Q1 25 | $1.1B | $1.2B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.4B | $874.0M | ||
| Q2 24 | $1.4B | $1.2B | ||
| Q1 24 | $1.4B | $1.2B |
净利润ALBRIVN
| Q4 25 | $-414.2M | $-811.0M | ||
| Q3 25 | $-160.7M | $-1.2B | ||
| Q2 25 | $22.9M | $-1.1B | ||
| Q1 25 | $41.3M | $-545.0M | ||
| Q4 24 | $75.3M | $-744.0M | ||
| Q3 24 | $-1.1B | $-1.1B | ||
| Q2 24 | $-188.2M | $-1.5B | ||
| Q1 24 | $2.4M | $-1.4B |
毛利率ALBRIVN
| Q4 25 | 13.9% | 9.3% | ||
| Q3 25 | 9.0% | 1.5% | ||
| Q2 25 | 14.8% | -15.8% | ||
| Q1 25 | 14.5% | 16.6% | ||
| Q4 24 | 11.2% | 9.8% | ||
| Q3 24 | -7.7% | -44.9% | ||
| Q2 24 | -0.7% | -38.9% | ||
| Q1 24 | 2.9% | -43.8% |
营业利润率ALBRIVN
| Q4 25 | -15.2% | -64.8% | ||
| Q3 25 | -16.6% | -63.1% | ||
| Q2 25 | 3.6% | -85.5% | ||
| Q1 25 | 1.8% | -52.8% | ||
| Q4 24 | 0.4% | -38.1% | ||
| Q3 24 | -81.9% | -133.8% | ||
| Q2 24 | -34.4% | -118.7% | ||
| Q1 24 | -13.2% | -123.3% |
净利率ALBRIVN
| Q4 25 | -29.0% | -63.1% | ||
| Q3 25 | -12.3% | -75.3% | ||
| Q2 25 | 1.7% | -85.7% | ||
| Q1 25 | 3.8% | -44.0% | ||
| Q4 24 | 6.1% | -42.9% | ||
| Q3 24 | -78.9% | -125.9% | ||
| Q2 24 | -13.2% | -125.8% | ||
| Q1 24 | 0.2% | -120.1% |
每股收益（稀释后）ALBRIVN
| Q4 25 | $-3.88 | $-0.66 | ||
| Q3 25 | $-1.72 | $-0.96 | ||
| Q2 25 | $-0.16 | $-0.97 | ||
| Q1 25 | $0.00 | $-0.48 | ||
| Q4 24 | $0.29 | $-0.67 | ||
| Q3 24 | $-9.45 | $-1.08 | ||
| Q2 24 | $-1.96 | $-1.46 | ||
| 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 | — | $6.1B |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $9.5B | $4.6B |
| 总资产 | $16.4B | $14.9B |
| 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ALBRIVN
| Q4 25 | — | $6.1B | ||
| Q3 25 | $1.9B | $7.1B | ||
| Q2 25 | $1.8B | $7.5B | ||
| Q1 25 | $1.5B | $7.2B | ||
| Q4 24 | $1.2B | $7.7B | ||
| Q3 24 | $1.7B | $6.7B | ||
| Q2 24 | $1.8B | $7.9B | ||
| Q1 24 | $2.1B | $7.9B |
总债务ALBRIVN
| 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 | $5.5B | ||
| Q1 24 | $3.5B | $4.4B |
股东权益ALBRIVN
| Q4 25 | $9.5B | $4.6B | ||
| Q3 25 | $10.0B | $5.1B | ||
| Q2 25 | $10.2B | $6.1B | ||
| Q1 25 | $10.0B | $6.2B | ||
| Q4 24 | $10.0B | $6.6B | ||
| Q3 24 | $10.2B | $5.9B | ||
| Q2 24 | $11.2B | $6.8B | ||
| Q1 24 | $11.5B | $8.1B |
总资产ALBRIVN
| Q4 25 | $16.4B | $14.9B | ||
| Q3 25 | $17.1B | $15.2B | ||
| Q2 25 | $17.3B | $15.6B | ||
| Q1 25 | $17.0B | $15.5B | ||
| Q4 24 | $16.6B | $15.4B | ||
| Q3 24 | $17.5B | $14.3B | ||
| Q2 24 | $18.4B | $15.4B | ||
| Q1 24 | $19.0B | $15.7B |
负债/权益比ALBRIVN
| 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× | 0.81× | ||
| Q1 24 | 0.31× | 0.55× |
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 | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $233.1M | $-1.1B |
| 自由现金流率自由现金流/营收 | 16.3% | -89.0% |
| 资本支出强度资本支出/营收 | 10.9% | 36.0% |
| 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 | $-2.5B |
8季度趋势，按日历期对齐
经营现金流ALBRIVN
| Q4 25 | $388.5M | $-681.0M | ||
| Q3 25 | $355.6M | $26.0M | ||
| Q2 25 | $-7.2M | $64.0M | ||
| Q1 25 | $545.4M | $-188.0M | ||
| Q4 24 | $674.0K | $1.2B | ||
| Q3 24 | $240.5M | $-876.0M | ||
| Q2 24 | $362.9M | $-754.0M | ||
| Q1 24 | $98.0M | $-1.3B |
自由现金流ALBRIVN
| Q4 25 | $233.1M | $-1.1B | ||
| Q3 25 | $223.4M | $-421.0M | ||
| Q2 25 | $-126.8M | $-398.0M | ||
| Q1 25 | $362.8M | $-526.0M | ||
| Q4 24 | $-355.1M | $856.0M | ||
| Q3 24 | $-62.6M | $-1.2B | ||
| Q2 24 | $-84.7M | $-1.0B | ||
| Q1 24 | $-481.4M | $-1.5B |
自由现金流率ALBRIVN
| Q4 25 | 16.3% | -89.0% | ||
| Q3 25 | 17.1% | -27.0% | ||
| Q2 25 | -9.5% | -30.5% | ||
| Q1 25 | 33.7% | -42.4% | ||
| Q4 24 | -28.8% | 49.4% | ||
| Q3 24 | -4.6% | -131.9% | ||
| Q2 24 | -5.9% | -89.6% | ||
| Q1 24 | -35.4% | -126.5% |
资本支出强度ALBRIVN
| Q4 25 | 10.9% | 36.0% | ||
| Q3 25 | 10.1% | 28.7% | ||
| Q2 25 | 9.0% | 35.5% | ||
| Q1 25 | 17.0% | 27.3% | ||
| Q4 24 | 28.9% | 18.9% | ||
| Q3 24 | 22.4% | 31.7% | ||
| Q2 24 | 31.3% | 24.4% | ||
| Q1 24 | 42.6% | 21.1% |
现金转化率ALBRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.31× | — | ||
| Q1 25 | 13.19× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
