vs
雅保（ALB）与TREX CO INC（TREX）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TREX CO INC的8.9倍（$1.4B vs $161.1M）。TREX CO INC净利率更高（1.4% vs -29.0%，领先30.4%）。雅保同比增速更快（15.9% vs -3.9%）。雅保自由现金流更多（$233.1M vs $22.1M）。过去两年雅保的营收复合增速更高（2.4% vs -34.3%）
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。
Trex公司是木塑复合替代板材、住宅护栏及其他户外用品的制造商，产品采用回收材料生产，总部位于美国弗吉尼亚州温彻斯特，是户外家居建材领域的知名企业，主打环保耐用的户外搭建解决方案。
ALB vs TREX — 直观对比
营收规模更大
ALB
是对方的8.9倍
$161.1M
营收增速更快
ALB
高出19.8%
-3.9%
净利率更高
TREX
高出30.4%
-29.0%
自由现金流更多
ALB
多$211.0M
$22.1M
两年增速更快
ALB
近两年复合增速
-34.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $161.1M |
| 净利润 | $-414.2M | $2.3M |
| 毛利率 | 13.9% | 30.2% |
| 营业利润率 | -15.2% | 2.2% |
| 净利率 | -29.0% | 1.4% |
| 营收同比 | 15.9% | -3.9% |
| 净利润同比 | -650.1% | -76.4% |
| 每股收益（稀释后） | $-3.88 | $0.03 |
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ALBTREX
| Q4 25 | $1.4B | $161.1M | ||
| Q3 25 | $1.3B | $285.3M | ||
| Q2 25 | $1.3B | $387.8M | ||
| Q1 25 | $1.1B | $340.0M | ||
| Q4 24 | $1.2B | $167.6M | ||
| Q3 24 | $1.4B | $233.7M | ||
| Q2 24 | $1.4B | $376.5M | ||
| Q1 24 | $1.4B | $373.6M |
净利润ALBTREX
| Q4 25 | $-414.2M | $2.3M | ||
| Q3 25 | $-160.7M | $51.8M | ||
| Q2 25 | $22.9M | $75.9M | ||
| Q1 25 | $41.3M | $60.4M | ||
| Q4 24 | $75.3M | $9.8M | ||
| Q3 24 | $-1.1B | $40.6M | ||
| Q2 24 | $-188.2M | $87.0M | ||
| Q1 24 | $2.4M | $89.1M |
毛利率ALBTREX
| Q4 25 | 13.9% | 30.2% | ||
| Q3 25 | 9.0% | 40.5% | ||
| Q2 25 | 14.8% | 40.8% | ||
| Q1 25 | 14.5% | 40.5% | ||
| Q4 24 | 11.2% | 32.7% | ||
| Q3 24 | -7.7% | 39.9% | ||
| Q2 24 | -0.7% | 44.7% | ||
| Q1 24 | 2.9% | 45.4% |
营业利润率ALBTREX
| Q4 25 | -15.2% | 2.2% | ||
| Q3 25 | -16.6% | 24.7% | ||
| Q2 25 | 3.6% | 26.4% | ||
| Q1 25 | 1.8% | 24.0% | ||
| Q4 24 | 0.4% | 9.2% | ||
| Q3 24 | -81.9% | 23.2% | ||
| Q2 24 | -34.4% | 31.1% | ||
| Q1 24 | -13.2% | 31.9% |
净利率ALBTREX
| Q4 25 | -29.0% | 1.4% | ||
| Q3 25 | -12.3% | 18.1% | ||
| Q2 25 | 1.7% | 19.6% | ||
| Q1 25 | 3.8% | 17.8% | ||
| Q4 24 | 6.1% | 5.8% | ||
| Q3 24 | -78.9% | 17.4% | ||
| Q2 24 | -13.2% | 23.1% | ||
| Q1 24 | 0.2% | 23.8% |
每股收益（稀释后）ALBTREX
| Q4 25 | $-3.88 | $0.03 | ||
| Q3 25 | $-1.72 | $0.48 | ||
| Q2 25 | $-0.16 | $0.71 | ||
| Q1 25 | $0.00 | $0.56 | ||
| Q4 24 | $0.29 | $0.10 | ||
| Q3 24 | $-9.45 | $0.37 | ||
| Q2 24 | $-1.96 | $0.80 | ||
| Q1 24 | $-0.08 | $0.82 |
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 | — | $3.8M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $9.5B | $1.0B |
| 总资产 | $16.4B | $1.5B |
| 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ALBTREX
| Q4 25 | — | $3.8M | ||
| Q3 25 | $1.9B | $11.4M | ||
| Q2 25 | $1.8B | $5.5M | ||
| Q1 25 | $1.5B | $5.0M | ||
| Q4 24 | $1.2B | $1.3M | ||
| Q3 24 | $1.7B | $12.8M | ||
| Q2 24 | $1.8B | $1.2M | ||
| Q1 24 | $2.1B | $3.1M |
总债务ALBTREX
| 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 | — | ||
| Q1 24 | $3.5B | — |
股东权益ALBTREX
| Q4 25 | $9.5B | $1.0B | ||
| Q3 25 | $10.0B | $1.0B | ||
| Q2 25 | $10.2B | $989.3M | ||
| Q1 25 | $10.0B | $910.1M | ||
| Q4 24 | $10.0B | $850.1M | ||
| Q3 24 | $10.2B | $887.9M | ||
| Q2 24 | $11.2B | $894.9M | ||
| Q1 24 | $11.5B | $804.1M |
总资产ALBTREX
| Q4 25 | $16.4B | $1.5B | ||
| Q3 25 | $17.1B | $1.5B | ||
| Q2 25 | $17.3B | $1.5B | ||
| Q1 25 | $17.0B | $1.6B | ||
| Q4 24 | $16.6B | $1.3B | ||
| Q3 24 | $17.5B | $1.3B | ||
| Q2 24 | $18.4B | $1.3B | ||
| Q1 24 | $19.0B | $1.3B |
负债/权益比ALBTREX
| 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× | — | ||
| 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 | $65.5M |
| 自由现金流经营现金流 - 资本支出 | $233.1M | $22.1M |
| 自由现金流率自由现金流/营收 | 16.3% | 13.7% |
| 资本支出强度资本支出/营收 | 10.9% | 26.9% |
| 现金转化率经营现金流/净利润 | — | 28.45× |
| 过去12个月自由现金流最近4个季度 | $692.5M | $134.5M |
8季度趋势，按日历期对齐
经营现金流ALBTREX
| Q4 25 | $388.5M | $65.5M | ||
| Q3 25 | $355.6M | $196.9M | ||
| Q2 25 | $-7.2M | $249.8M | ||
| Q1 25 | $545.4M | $-154.0M | ||
| Q4 24 | $674.0K | $-8.5M | ||
| Q3 24 | $240.5M | $132.8M | ||
| Q2 24 | $362.9M | $193.7M | ||
| Q1 24 | $98.0M | $-174.0M |
自由现金流ALBTREX
| Q4 25 | $233.1M | $22.1M | ||
| Q3 25 | $223.4M | $142.9M | ||
| Q2 25 | $-126.8M | $203.0M | ||
| Q1 25 | $362.8M | $-233.5M | ||
| Q4 24 | $-355.1M | $-89.3M | ||
| Q3 24 | $-62.6M | $54.5M | ||
| Q2 24 | $-84.7M | $158.2M | ||
| Q1 24 | $-481.4M | $-211.8M |
自由现金流率ALBTREX
| Q4 25 | 16.3% | 13.7% | ||
| Q3 25 | 17.1% | 50.1% | ||
| Q2 25 | -9.5% | 52.3% | ||
| Q1 25 | 33.7% | -68.7% | ||
| Q4 24 | -28.8% | -53.3% | ||
| Q3 24 | -4.6% | 23.3% | ||
| Q2 24 | -5.9% | 42.0% | ||
| Q1 24 | -35.4% | -56.7% |
资本支出强度ALBTREX
| Q4 25 | 10.9% | 26.9% | ||
| Q3 25 | 10.1% | 18.9% | ||
| Q2 25 | 9.0% | 12.1% | ||
| Q1 25 | 17.0% | 23.4% | ||
| Q4 24 | 28.9% | 48.2% | ||
| Q3 24 | 22.4% | 33.5% | ||
| Q2 24 | 31.3% | 9.4% | ||
| Q1 24 | 42.6% | 10.1% |
现金转化率ALBTREX
| Q4 25 | — | 28.45× | ||
| Q3 25 | — | 3.80× | ||
| Q2 25 | -0.31× | 3.29× | ||
| Q1 25 | 13.19× | -2.55× | ||
| Q4 24 | 0.01× | -0.87× | ||
| Q3 24 | — | 3.27× | ||
| Q2 24 | — | 2.23× | ||
| Q1 24 | 40.01× | -1.95× |
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% |
TREX
暂无分部数据
