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爱齐科技（ALGN）与OLIN Corp（OLN）财务数据对比。点击上方公司名可切换其他公司
OLIN Corp的季度营收约是爱齐科技的1.6倍（$1.7B vs $1.0B），爱齐科技净利率更高（13.0% vs -8.6%，领先21.6%），爱齐科技同比增速更快（5.3% vs -0.4%），过去两年爱齐科技的营收复合增速更高（2.5% vs 0.9%）
爱齐科技是一家全球知名医疗设备企业，主营设计、生产及销售隐适美透明矫治器、iTero口内扫描仪及配套服务，客户覆盖正畸医师、全科牙医，面向修复、美容牙科领域，业务分为透明矫治器、扫描仪及服务两大板块，可满足青少年等不同群体的正畸需求
奥林公司是美国知名制造企业，主营弹药、氯气及氢氧化钠产品。其历史可追溯至1892年成立的两家企业：富兰克林·W·奥林创立的公平火药公司，以及马西森碱业公司。过往奥林旗下化工厂曾发生安全事故，对员工及周边居民健康造成风险。
ALGN vs OLN — 直观对比
营收规模更大
OLN
是对方的1.6倍
$1.0B
营收增速更快
ALGN
高出5.6%
-0.4%
净利率更高
ALGN
高出21.6%
-8.6%
两年增速更快
ALGN
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.7B |
| 净利润 | $135.8M | $-143.2M |
| 毛利率 | 65.3% | 1.9% |
| 营业利润率 | 14.8% | -9.4% |
| 净利率 | 13.0% | -8.6% |
| 营收同比 | 5.3% | -0.4% |
| 净利润同比 | 30.8% | -1517.8% |
| 每股收益（稀释后） | $1.88 | $-1.25 |
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ALGNOLN
| Q4 25 | $1.0B | $1.7B | ||
| Q3 25 | $995.7M | $1.7B | ||
| Q2 25 | $1.0B | $1.8B | ||
| Q1 25 | $979.3M | $1.6B | ||
| Q4 24 | $995.2M | $1.7B | ||
| Q3 24 | $977.9M | $1.6B | ||
| Q2 24 | $1.0B | $1.6B | ||
| Q1 24 | $997.4M | $1.6B |
净利润ALGNOLN
| Q4 25 | $135.8M | $-143.2M | ||
| Q3 25 | $56.8M | $43.7M | ||
| Q2 25 | $124.6M | $-2.8M | ||
| Q1 25 | $93.2M | $1.2M | ||
| Q4 24 | $103.8M | $10.1M | ||
| Q3 24 | $116.0M | $-25.2M | ||
| Q2 24 | $96.6M | $72.3M | ||
| Q1 24 | $105.0M | $47.8M |
毛利率ALGNOLN
| Q4 25 | 65.3% | 1.9% | ||
| Q3 25 | 64.2% | 10.7% | ||
| Q2 25 | 69.9% | 7.9% | ||
| Q1 25 | 69.5% | 9.0% | ||
| Q4 24 | 70.0% | 9.4% | ||
| Q3 24 | 69.7% | 8.5% | ||
| Q2 24 | 70.3% | 14.5% | ||
| Q1 24 | 70.0% | 12.7% |
营业利润率ALGNOLN
| Q4 25 | 14.8% | -9.4% | ||
| Q3 25 | 9.7% | 4.8% | ||
| Q2 25 | 16.1% | 2.0% | ||
| Q1 25 | 13.4% | 2.7% | ||
| Q4 24 | 14.5% | 2.8% | ||
| Q3 24 | 16.6% | 1.0% | ||
| Q2 24 | 14.3% | 8.3% | ||
| Q1 24 | 15.5% | 5.9% |
净利率ALGNOLN
| Q4 25 | 13.0% | -8.6% | ||
| Q3 25 | 5.7% | 2.6% | ||
| Q2 25 | 12.3% | -0.2% | ||
| Q1 25 | 9.5% | 0.1% | ||
| Q4 24 | 10.4% | 0.6% | ||
| Q3 24 | 11.9% | -1.6% | ||
| Q2 24 | 9.4% | 4.4% | ||
| Q1 24 | 10.5% | 2.9% |
每股收益（稀释后）ALGNOLN
| Q4 25 | $1.88 | $-1.25 | ||
| Q3 25 | $0.78 | $0.37 | ||
| Q2 25 | $1.72 | $-0.01 | ||
| Q1 25 | $1.27 | $0.01 | ||
| Q4 24 | $1.40 | $0.10 | ||
| Q3 24 | $1.55 | $-0.21 | ||
| Q2 24 | $1.28 | $0.62 | ||
| Q1 24 | $1.39 | $0.40 |
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 | $1.1B | $167.6M |
| 总债务越低越好 | — | $2.8B |
| 股东权益账面价值 | $4.0B | $1.8B |
| 总资产 | $6.2B | $7.3B |
| 负债/权益比越低杠杆越低 | — | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资ALGNOLN
| Q4 25 | $1.1B | $167.6M | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $901.2M | — | ||
| Q1 25 | $873.0M | — | ||
| Q4 24 | $1.0B | $175.6M | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $761.4M | — | ||
| Q1 24 | $865.8M | — |
总债务ALGNOLN
| Q4 25 | — | $2.8B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.7B |
股东权益ALGNOLN
| Q4 25 | $4.0B | $1.8B | ||
| Q3 25 | $4.0B | $2.0B | ||
| Q2 25 | $3.9B | $2.0B | ||
| Q1 25 | $3.8B | $2.0B | ||
| Q4 24 | $3.9B | $2.0B | ||
| Q3 24 | $3.9B | $2.1B | ||
| Q2 24 | $3.8B | $2.1B | ||
| Q1 24 | $3.8B | $2.2B |
总资产ALGNOLN
| Q4 25 | $6.2B | $7.3B | ||
| Q3 25 | $6.2B | $7.6B | ||
| Q2 25 | $6.2B | $7.7B | ||
| Q1 25 | $6.1B | $7.7B | ||
| Q4 24 | $6.2B | $7.6B | ||
| Q3 24 | $6.4B | $7.5B | ||
| Q2 24 | $6.2B | $7.7B | ||
| Q1 24 | $6.2B | $7.6B |
负债/权益比ALGNOLN
| Q4 25 | — | 1.55× | ||
| Q3 25 | — | 1.52× | ||
| Q2 25 | — | 1.52× | ||
| Q1 25 | — | 1.50× | ||
| Q4 24 | — | 1.34× | ||
| Q3 24 | — | 1.34× | ||
| Q2 24 | — | 1.31× | ||
| Q1 24 | — | 1.24× |
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 | $223.2M | $321.2M |
| 自由现金流经营现金流 - 资本支出 | $187.3M | — |
| 自由现金流率自由现金流/营收 | 17.9% | — |
| 资本支出强度资本支出/营收 | 3.4% | — |
| 现金转化率经营现金流/净利润 | 1.64× | — |
| 过去12个月自由现金流最近4个季度 | $490.8M | — |
8季度趋势，按日历期对齐
经营现金流ALGNOLN
| Q4 25 | $223.2M | $321.2M | ||
| Q3 25 | $188.7M | $26.7M | ||
| Q2 25 | $128.7M | $212.3M | ||
| Q1 25 | $52.7M | $-86.0M | ||
| Q4 24 | $286.1M | $141.7M | ||
| Q3 24 | $263.7M | $189.9M | ||
| Q2 24 | $159.8M | $90.6M | ||
| Q1 24 | $28.7M | $81.0M |
自由现金流ALGNOLN
| Q4 25 | $187.3M | — | ||
| Q3 25 | $169.0M | $-44.4M | ||
| Q2 25 | $107.2M | — | ||
| Q1 25 | $27.4M | $-147.4M | ||
| Q4 24 | $263.1M | $90.7M | ||
| Q3 24 | $233.9M | $146.6M | ||
| Q2 24 | $106.4M | $34.1M | ||
| Q1 24 | $19.3M | $36.7M |
自由现金流率ALGNOLN
| Q4 25 | 17.9% | — | ||
| Q3 25 | 17.0% | -2.6% | ||
| Q2 25 | 10.6% | — | ||
| Q1 25 | 2.8% | -9.0% | ||
| Q4 24 | 26.4% | 5.4% | ||
| Q3 24 | 23.9% | 9.2% | ||
| Q2 24 | 10.3% | 2.1% | ||
| Q1 24 | 1.9% | 2.2% |
资本支出强度ALGNOLN
| Q4 25 | 3.4% | — | ||
| Q3 25 | 2.0% | 4.2% | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 2.6% | 3.7% | ||
| Q4 24 | 2.3% | 3.1% | ||
| Q3 24 | 3.0% | 2.7% | ||
| Q2 24 | 5.2% | 3.4% | ||
| Q1 24 | 0.9% | 2.7% |
现金转化率ALGNOLN
| Q4 25 | 1.64× | — | ||
| Q3 25 | 3.33× | 0.61× | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | 0.57× | -71.67× | ||
| Q4 24 | 2.76× | 14.03× | ||
| Q3 24 | 2.27× | — | ||
| Q2 24 | 1.66× | 1.25× | ||
| Q1 24 | 0.27× | 1.69× |
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
ALGN
| Systems And Services | $789.6M | 75% |
| Other | $258.0M | 25% |
OLN
| Chlorinechlorinederivativesandothercoproducts | $456.2M | 27% |
| Causticsoda | $400.2M | 24% |
| Militaryandlawenforcement | $304.6M | 18% |
| Epoxyresins | $194.9M | 12% |
| Aromaticsandallylics | $164.4M | 10% |
| Commercial | $144.8M | 9% |
