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雅保（ALB）与Talen Energy Corp（TLN）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Talen Energy Corp的1.9倍（$1.4B vs $758.0M），雅保净利率更高（-29.0% vs -47.9%，领先18.9%），Talen Energy Corp同比增速更快（114.7% vs 15.9%），Talen Energy Corp自由现金流更多（$254.0M vs $233.1M），过去两年Talen Energy Corp的营收复合增速更高（35.0% 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。
PPL公司是总部位于美国宾夕法尼亚州东部利哈伊谷阿伦敦的能源企业，于纽约证券交易所上市（股票代码：PPL），属标普500指数成分股。截至2022年，公司营收79亿美元，总资产超370亿美元，拥有6500名员工，服务360万客户。
ALB vs TLN — 直观对比
营收规模更大
ALB
是对方的1.9倍
$758.0M
营收增速更快
TLN
高出98.8%
15.9%
净利率更高
ALB
高出18.9%
-47.9%
自由现金流更多
TLN
多$20.9M
$233.1M
两年增速更快
TLN
近两年复合增速
2.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $758.0M |
| 净利润 | $-414.2M | $-363.0M |
| 毛利率 | 13.9% | — |
| 营业利润率 | -15.2% | -41.3% |
| 净利率 | -29.0% | -47.9% |
| 营收同比 | 15.9% | 114.7% |
| 净利润同比 | -650.1% | -542.7% |
| 每股收益（稀释后） | $-3.88 | $-7.60 |
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ALBTLN
| Q4 25 | $1.4B | $758.0M | ||
| Q3 25 | $1.3B | $697.0M | ||
| Q2 25 | $1.3B | $409.0M | ||
| Q1 25 | $1.1B | $654.0M | ||
| Q4 24 | $1.2B | $353.0M | ||
| Q3 24 | $1.4B | $459.0M | ||
| Q2 24 | $1.4B | $346.0M | ||
| Q1 24 | $1.4B | $416.0M |
净利润ALBTLN
| Q4 25 | $-414.2M | $-363.0M | ||
| Q3 25 | $-160.7M | $207.0M | ||
| Q2 25 | $22.9M | $72.0M | ||
| Q1 25 | $41.3M | $-135.0M | ||
| Q4 24 | $75.3M | $82.0M | ||
| Q3 24 | $-1.1B | $168.0M | ||
| Q2 24 | $-188.2M | $454.0M | ||
| Q1 24 | $2.4M | $294.0M |
毛利率ALBTLN
| 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ALBTLN
| Q4 25 | -15.2% | -41.3% | ||
| Q3 25 | -16.6% | 37.7% | ||
| Q2 25 | 3.6% | 16.1% | ||
| Q1 25 | 1.8% | -16.2% | ||
| Q4 24 | 0.4% | 4.5% | ||
| Q3 24 | -81.9% | 34.4% | ||
| Q2 24 | -34.4% | 7.8% | ||
| Q1 24 | -13.2% | 6.0% |
净利率ALBTLN
| Q4 25 | -29.0% | -47.9% | ||
| Q3 25 | -12.3% | 29.7% | ||
| Q2 25 | 1.7% | 17.6% | ||
| Q1 25 | 3.8% | -20.6% | ||
| Q4 24 | 6.1% | 23.2% | ||
| Q3 24 | -78.9% | 36.6% | ||
| Q2 24 | -13.2% | 131.2% | ||
| Q1 24 | 0.2% | 70.7% |
每股收益（稀释后）ALBTLN
| Q4 25 | $-3.88 | $-7.60 | ||
| Q3 25 | $-1.72 | $4.25 | ||
| Q2 25 | $-0.16 | $1.50 | ||
| Q1 25 | $0.00 | $-2.94 | ||
| Q4 24 | $0.29 | $2.07 | ||
| Q3 24 | $-9.45 | $3.16 | ||
| Q2 24 | $-1.96 | $7.60 | ||
| Q1 24 | $-0.08 | $4.84 |
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 | — | $689.0M |
| 总债务越低越好 | $3.2B | $6.8B |
| 股东权益账面价值 | $9.5B | $1.1B |
| 总资产 | $16.4B | $10.9B |
| 负债/权益比越低杠杆越低 | 0.33× | 6.23× |
8季度趋势，按日历期对齐
现金及短期投资ALBTLN
| Q4 25 | — | $689.0M | ||
| Q3 25 | $1.9B | $497.0M | ||
| Q2 25 | $1.8B | $122.0M | ||
| Q1 25 | $1.5B | $295.0M | ||
| Q4 24 | $1.2B | $328.0M | ||
| Q3 24 | $1.7B | $648.0M | ||
| Q2 24 | $1.8B | $632.0M | ||
| Q1 24 | $2.1B | — |
总债务ALBTLN
| Q4 25 | $3.2B | $6.8B | ||
| Q3 25 | $3.6B | $3.0B | ||
| Q2 25 | $3.6B | $3.0B | ||
| Q1 25 | $3.5B | $3.0B | ||
| Q4 24 | $3.5B | $3.0B | ||
| Q3 24 | $3.6B | $2.6B | ||
| Q2 24 | $3.5B | $2.6B | ||
| Q1 24 | $3.5B | — |
股东权益ALBTLN
| Q4 25 | $9.5B | $1.1B | ||
| Q3 25 | $10.0B | $1.5B | ||
| Q2 25 | $10.2B | $1.2B | ||
| Q1 25 | $10.0B | $1.2B | ||
| Q4 24 | $10.0B | $1.4B | ||
| Q3 24 | $10.2B | $2.4B | ||
| Q2 24 | $11.2B | $2.5B | ||
| Q1 24 | $11.5B | $2.8B |
总资产ALBTLN
| Q4 25 | $16.4B | $10.9B | ||
| Q3 25 | $17.1B | $6.1B | ||
| Q2 25 | $17.3B | $5.8B | ||
| Q1 25 | $17.0B | $5.9B | ||
| Q4 24 | $16.6B | $6.1B | ||
| Q3 24 | $17.5B | $6.8B | ||
| Q2 24 | $18.4B | $7.1B | ||
| Q1 24 | $19.0B | — |
负债/权益比ALBTLN
| Q4 25 | 0.33× | 6.23× | ||
| Q3 25 | 0.36× | 2.03× | ||
| Q2 25 | 0.35× | 2.40× | ||
| Q1 25 | 0.35× | 2.54× | ||
| Q4 24 | 0.35× | 2.17× | ||
| Q3 24 | 0.35× | 1.10× | ||
| Q2 24 | 0.31× | 1.05× | ||
| Q1 24 | 0.31× | — |
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 | $280.0M |
| 自由现金流经营现金流 - 资本支出 | $233.1M | $254.0M |
| 自由现金流率自由现金流/营收 | 16.3% | 33.5% |
| 资本支出强度资本支出/营收 | 10.9% | 3.4% |
| 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 | $606.0M |
8季度趋势，按日历期对齐
经营现金流ALBTLN
| Q4 25 | $388.5M | $280.0M | ||
| Q3 25 | $355.6M | $489.0M | ||
| Q2 25 | $-7.2M | $-184.0M | ||
| Q1 25 | $545.4M | $119.0M | ||
| Q4 24 | $674.0K | — | ||
| Q3 24 | $240.5M | $96.0M | ||
| Q2 24 | $362.9M | $-23.0M | ||
| Q1 24 | $98.0M | $173.0M |
自由现金流ALBTLN
| Q4 25 | $233.1M | $254.0M | ||
| Q3 25 | $223.4M | $468.0M | ||
| Q2 25 | $-126.8M | $-217.0M | ||
| Q1 25 | $362.8M | $101.0M | ||
| Q4 24 | $-355.1M | — | ||
| Q3 24 | $-62.6M | $83.0M | ||
| Q2 24 | $-84.7M | $-43.0M | ||
| Q1 24 | $-481.4M | $148.0M |
自由现金流率ALBTLN
| Q4 25 | 16.3% | 33.5% | ||
| Q3 25 | 17.1% | 67.1% | ||
| Q2 25 | -9.5% | -53.1% | ||
| Q1 25 | 33.7% | 15.4% | ||
| Q4 24 | -28.8% | — | ||
| Q3 24 | -4.6% | 18.1% | ||
| Q2 24 | -5.9% | -12.4% | ||
| Q1 24 | -35.4% | 35.6% |
资本支出强度ALBTLN
| Q4 25 | 10.9% | 3.4% | ||
| Q3 25 | 10.1% | 3.0% | ||
| Q2 25 | 9.0% | 8.1% | ||
| Q1 25 | 17.0% | 2.8% | ||
| Q4 24 | 28.9% | — | ||
| Q3 24 | 22.4% | 2.8% | ||
| Q2 24 | 31.3% | 5.8% | ||
| Q1 24 | 42.6% | 6.0% |
现金转化率ALBTLN
| Q4 25 | — | — | ||
| Q3 25 | — | 2.36× | ||
| Q2 25 | -0.31× | -2.56× | ||
| Q1 25 | 13.19× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | — | 0.57× | ||
| Q2 24 | — | -0.05× | ||
| Q1 24 | 40.01× | 0.59× |
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% |
TLN
| Electricity Sales And Ancillary Services | $555.0M | 73% |
| Operating Revenue Capacity | $182.0M | 24% |
| Physical Electricity Sales Bilateral Contracts Other | $21.0M | 3% |
