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雅保（ALB）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是雅保的1.0倍（$1.5B vs $1.4B），RXO, Inc.净利率更高（-3.1% vs -29.0%，领先25.9%），雅保同比增速更快（15.9% vs -11.9%），雅保自由现金流更多（$233.1M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% 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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
ALB vs RXO — 直观对比
营收规模更大
RXO
是对方的1.0倍
$1.4B
营收增速更快
ALB
高出27.8%
-11.9%
净利率更高
RXO
高出25.9%
-29.0%
自由现金流更多
ALB
多$242.1M
$-9.0M
两年增速更快
RXO
近两年复合增速
2.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.5B |
| 净利润 | $-414.2M | $-46.0M |
| 毛利率 | 13.9% | — |
| 营业利润率 | -15.2% | -2.9% |
| 净利率 | -29.0% | -3.1% |
| 营收同比 | 15.9% | -11.9% |
| 净利润同比 | -650.1% | -84.0% |
| 每股收益（稀释后） | $-3.88 | $-0.28 |
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ALBRXO
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.4B | $1.0B | ||
| Q2 24 | $1.4B | $930.0M | ||
| Q1 24 | $1.4B | $913.0M |
净利润ALBRXO
| Q4 25 | $-414.2M | $-46.0M | ||
| Q3 25 | $-160.7M | $-14.0M | ||
| Q2 25 | $22.9M | $-9.0M | ||
| Q1 25 | $41.3M | $-31.0M | ||
| Q4 24 | $75.3M | $-25.0M | ||
| Q3 24 | $-1.1B | $-243.0M | ||
| Q2 24 | $-188.2M | $-7.0M | ||
| Q1 24 | $2.4M | $-15.0M |
毛利率ALBRXO
| 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ALBRXO
| Q4 25 | -15.2% | -2.9% | ||
| Q3 25 | -16.6% | -0.5% | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | 1.8% | -2.1% | ||
| Q4 24 | 0.4% | -1.4% | ||
| Q3 24 | -81.9% | -1.9% | ||
| Q2 24 | -34.4% | — | ||
| Q1 24 | -13.2% | -1.3% |
净利率ALBRXO
| Q4 25 | -29.0% | -3.1% | ||
| Q3 25 | -12.3% | -1.0% | ||
| Q2 25 | 1.7% | -0.6% | ||
| Q1 25 | 3.8% | -2.2% | ||
| Q4 24 | 6.1% | -1.5% | ||
| Q3 24 | -78.9% | -23.4% | ||
| Q2 24 | -13.2% | -0.8% | ||
| Q1 24 | 0.2% | -1.6% |
每股收益（稀释后）ALBRXO
| Q4 25 | $-3.88 | $-0.28 | ||
| Q3 25 | $-1.72 | $-0.08 | ||
| Q2 25 | $-0.16 | $-0.05 | ||
| Q1 25 | $0.00 | $-0.18 | ||
| Q4 24 | $0.29 | $-0.17 | ||
| Q3 24 | $-9.45 | $-1.81 | ||
| Q2 24 | $-1.96 | $-0.06 | ||
| Q1 24 | $-0.08 | $-0.13 |
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 | — | $17.0M |
| 总债务越低越好 | $3.2B | $387.0M |
| 股东权益账面价值 | $9.5B | $1.5B |
| 总资产 | $16.4B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资ALBRXO
| Q4 25 | — | $17.0M | ||
| Q3 25 | $1.9B | $25.0M | ||
| Q2 25 | $1.8B | $18.0M | ||
| Q1 25 | $1.5B | $16.0M | ||
| Q4 24 | $1.2B | $35.0M | ||
| Q3 24 | $1.7B | $55.0M | ||
| Q2 24 | $1.8B | $7.0M | ||
| Q1 24 | $2.1B | $7.0M |
总债务ALBRXO
| Q4 25 | $3.2B | $387.0M | ||
| Q3 25 | $3.6B | $387.0M | ||
| Q2 25 | $3.6B | $387.0M | ||
| Q1 25 | $3.5B | $387.0M | ||
| Q4 24 | $3.5B | $351.0M | ||
| Q3 24 | $3.6B | $352.0M | ||
| Q2 24 | $3.5B | $370.0M | ||
| Q1 24 | $3.5B | $351.0M |
股东权益ALBRXO
| Q4 25 | $9.5B | $1.5B | ||
| Q3 25 | $10.0B | $1.6B | ||
| Q2 25 | $10.2B | $1.6B | ||
| Q1 25 | $10.0B | $1.6B | ||
| Q4 24 | $10.0B | $1.6B | ||
| Q3 24 | $10.2B | $1.7B | ||
| Q2 24 | $11.2B | $579.0M | ||
| Q1 24 | $11.5B | $582.0M |
总资产ALBRXO
| Q4 25 | $16.4B | $3.3B | ||
| Q3 25 | $17.1B | $3.2B | ||
| Q2 25 | $17.3B | $3.2B | ||
| Q1 25 | $17.0B | $3.3B | ||
| Q4 24 | $16.6B | $3.4B | ||
| Q3 24 | $17.5B | $3.4B | ||
| Q2 24 | $18.4B | $1.8B | ||
| Q1 24 | $19.0B | $1.8B |
负债/权益比ALBRXO
| Q4 25 | 0.33× | 0.25× | ||
| Q3 25 | 0.36× | 0.24× | ||
| Q2 25 | 0.35× | 0.24× | ||
| Q1 25 | 0.35× | 0.24× | ||
| Q4 24 | 0.35× | 0.22× | ||
| Q3 24 | 0.35× | 0.21× | ||
| Q2 24 | 0.31× | 0.64× | ||
| Q1 24 | 0.31× | 0.60× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $233.1M | $-9.0M |
| 自由现金流率自由现金流/营收 | 16.3% | -0.6% |
| 资本支出强度资本支出/营收 | 10.9% | 1.1% |
| 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 | $-8.0M |
8季度趋势，按日历期对齐
经营现金流ALBRXO
| Q4 25 | $388.5M | $7.0M | ||
| Q3 25 | $355.6M | $23.0M | ||
| Q2 25 | $-7.2M | $23.0M | ||
| Q1 25 | $545.4M | $-2.0M | ||
| Q4 24 | $674.0K | $-7.0M | ||
| Q3 24 | $240.5M | $-7.0M | ||
| Q2 24 | $362.9M | $-5.0M | ||
| Q1 24 | $98.0M | $7.0M |
自由现金流ALBRXO
| Q4 25 | $233.1M | $-9.0M | ||
| Q3 25 | $223.4M | $9.0M | ||
| Q2 25 | $-126.8M | $9.0M | ||
| Q1 25 | $362.8M | $-17.0M | ||
| Q4 24 | $-355.1M | $-19.0M | ||
| Q3 24 | $-62.6M | $-18.0M | ||
| Q2 24 | $-84.7M | $-16.0M | ||
| Q1 24 | $-481.4M | $-4.0M |
自由现金流率ALBRXO
| Q4 25 | 16.3% | -0.6% | ||
| Q3 25 | 17.1% | 0.6% | ||
| Q2 25 | -9.5% | 0.6% | ||
| Q1 25 | 33.7% | -1.2% | ||
| Q4 24 | -28.8% | -1.1% | ||
| Q3 24 | -4.6% | -1.7% | ||
| Q2 24 | -5.9% | -1.7% | ||
| Q1 24 | -35.4% | -0.4% |
资本支出强度ALBRXO
| Q4 25 | 10.9% | 1.1% | ||
| Q3 25 | 10.1% | 1.0% | ||
| Q2 25 | 9.0% | 1.0% | ||
| Q1 25 | 17.0% | 1.0% | ||
| Q4 24 | 28.9% | 0.7% | ||
| Q3 24 | 22.4% | 1.1% | ||
| Q2 24 | 31.3% | 1.2% | ||
| Q1 24 | 42.6% | 1.2% |
现金转化率ALBRXO
| 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% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
