vs
Alpha Metallurgical Resources, Inc.（AMR）与亚什兰（ASH）财务数据对比。点击上方公司名可切换其他公司
Alpha Metallurgical Resources, Inc.的季度营收约是亚什兰的1.3倍（$519.1M vs $386.0M），亚什兰净利率更高（-3.1% vs -3.3%，领先0.2%），亚什兰同比增速更快（-4.7% vs -15.7%），亚什兰自由现金流更多（$111.0M vs $-10.0M），过去两年亚什兰的营收复合增速更高（-18.1% vs -22.4%）
阿尔法冶金资源（前身为康图拉能源）是行业领先的煤炭供应商，在阿巴拉契亚北部和中部拥有地下及露天煤矿综合体，在宾夕法尼亚州、弗吉尼亚州和西弗吉尼亚州坐拥大型煤田，生产用于炼钢的冶金煤和用于发电的动力煤，供应全球下游客户。
亚什兰是一家总部位于美国特拉华州威尔明顿的化工企业，1924年始创于肯塔基州亚什兰市，最初以炼油业务起家，1994年迁至现总部。公司拥有多个业务板块，覆盖化工中间体与溶剂、复合材料、工业特种化学品、个人及家居护理、制药、食品饮料以及农业相关领域，2017年之前曾是胜牌润滑油的主要生产商。
AMR vs ASH — 直观对比
营收规模更大
AMR
是对方的1.3倍
$386.0M
营收增速更快
ASH
高出11.0%
-15.7%
净利率更高
ASH
高出0.2%
-3.3%
自由现金流更多
ASH
多$121.0M
$-10.0M
两年增速更快
ASH
近两年复合增速
-22.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $519.1M | $386.0M |
| 净利润 | $-17.3M | $-12.0M |
| 毛利率 | — | 27.2% |
| 营业利润率 | -4.1% | -1.6% |
| 净利率 | -3.3% | -3.1% |
| 营收同比 | -15.7% | -4.7% |
| 净利润同比 | -711.2% | 92.7% |
| 每股收益（稀释后） | $-1.35 | $-0.26 |
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AMRASH
| Q4 25 | $519.1M | $386.0M | ||
| Q3 25 | $525.2M | $477.0M | ||
| Q2 25 | $548.7M | $463.0M | ||
| Q1 25 | $529.7M | $479.0M | ||
| Q4 24 | $615.4M | $405.0M | ||
| Q3 24 | $669.8M | $521.0M | ||
| Q2 24 | $800.1M | $544.0M | ||
| Q1 24 | $861.3M | $575.0M |
净利润AMRASH
| Q4 25 | $-17.3M | $-12.0M | ||
| Q3 25 | $-5.5M | $31.0M | ||
| Q2 25 | $-5.0M | $-742.0M | ||
| Q1 25 | $-33.9M | $31.0M | ||
| Q4 24 | $-2.1M | $-165.0M | ||
| Q3 24 | $3.8M | $17.0M | ||
| Q2 24 | $58.9M | $6.0M | ||
| Q1 24 | $127.0M | $120.0M |
毛利率AMRASH
| Q4 25 | — | 27.2% | ||
| Q3 25 | — | 33.3% | ||
| Q2 25 | — | 28.5% | ||
| Q1 25 | — | 30.7% | ||
| Q4 24 | — | 27.4% | ||
| Q3 24 | — | 33.2% | ||
| Q2 24 | — | 34.2% | ||
| Q1 24 | — | 28.0% |
营业利润率AMRASH
| Q4 25 | -4.1% | -1.6% | ||
| Q3 25 | -0.5% | 12.8% | ||
| Q2 25 | 0.5% | -152.9% | ||
| Q1 25 | -7.6% | 10.6% | ||
| Q4 24 | 1.6% | -44.2% | ||
| Q3 24 | 0.8% | 6.1% | ||
| Q2 24 | 8.8% | -11.2% | ||
| Q1 24 | 16.5% | 3.7% |
净利率AMRASH
| Q4 25 | -3.3% | -3.1% | ||
| Q3 25 | -1.1% | 6.5% | ||
| Q2 25 | -0.9% | -160.3% | ||
| Q1 25 | -6.4% | 6.5% | ||
| Q4 24 | -0.3% | -40.7% | ||
| Q3 24 | 0.6% | 3.3% | ||
| Q2 24 | 7.4% | 1.1% | ||
| Q1 24 | 14.7% | 20.9% |
每股收益（稀释后）AMRASH
| Q4 25 | $-1.35 | $-0.26 | ||
| Q3 25 | $-0.42 | $0.83 | ||
| Q2 25 | $-0.38 | $-16.21 | ||
| Q1 25 | $-2.60 | $0.65 | ||
| Q4 24 | $-0.09 | $-3.50 | ||
| Q3 24 | $0.29 | $0.34 | ||
| Q2 24 | $4.49 | $0.12 | ||
| Q1 24 | $9.59 | $2.39 |
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 | $415.6M | $304.0M |
| 总债务越低越好 | $9.8M | $1.4B |
| 股东权益账面价值 | $1.5B | $1.9B |
| 总资产 | $2.3B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.01× | 0.74× |
8季度趋势，按日历期对齐
现金及短期投资AMRASH
| Q4 25 | $415.6M | $304.0M | ||
| Q3 25 | $457.9M | $215.0M | ||
| Q2 25 | $449.0M | $207.0M | ||
| Q1 25 | $448.0M | $168.0M | ||
| Q4 24 | $481.6M | $219.0M | ||
| Q3 24 | $484.6M | $300.0M | ||
| Q2 24 | $336.1M | $399.0M | ||
| Q1 24 | $269.4M | $439.0M |
总债务AMRASH
| Q4 25 | $9.8M | $1.4B | ||
| Q3 25 | $2.9M | $1.4B | ||
| Q2 25 | $3.1M | $1.4B | ||
| Q1 25 | $2.4M | $1.3B | ||
| Q4 24 | $2.9M | $1.3B | ||
| Q3 24 | $3.6M | $1.3B | ||
| Q2 24 | $5.3M | $1.3B | ||
| Q1 24 | $6.0M | $1.3B |
股东权益AMRASH
| Q4 25 | $1.5B | $1.9B | ||
| Q3 25 | $1.6B | $1.9B | ||
| Q2 25 | $1.6B | $1.9B | ||
| Q1 25 | $1.6B | $2.6B | ||
| Q4 24 | $1.6B | $2.6B | ||
| Q3 24 | $1.7B | $2.9B | ||
| Q2 24 | $1.6B | $3.0B | ||
| Q1 24 | $1.6B | $3.1B |
总资产AMRASH
| Q4 25 | $2.3B | $4.5B | ||
| Q3 25 | $2.3B | $4.6B | ||
| Q2 25 | $2.4B | $4.6B | ||
| Q1 25 | $2.4B | $5.2B | ||
| Q4 24 | $2.4B | $5.2B | ||
| Q3 24 | $2.5B | $5.6B | ||
| Q2 24 | $2.5B | $5.7B | ||
| Q1 24 | $2.5B | $5.9B |
负债/权益比AMRASH
| Q4 25 | 0.01× | 0.74× | ||
| Q3 25 | 0.00× | 0.73× | ||
| Q2 25 | 0.00× | 0.73× | ||
| Q1 25 | 0.00× | 0.52× | ||
| Q4 24 | 0.00× | 0.51× | ||
| Q3 24 | 0.00× | 0.47× | ||
| Q2 24 | 0.00× | 0.45× | ||
| Q1 24 | 0.00× | 0.42× |
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 | $19.0M | $125.0M |
| 自由现金流经营现金流 - 资本支出 | $-10.0M | $111.0M |
| 自由现金流率自由现金流/营收 | -1.9% | 28.8% |
| 资本支出强度资本支出/营收 | 5.6% | 3.6% |
| 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 | $17.8M | $200.0M |
8季度趋势，按日历期对齐
经营现金流AMRASH
| Q4 25 | $19.0M | $125.0M | ||
| Q3 25 | $50.5M | $40.0M | ||
| Q2 25 | $53.2M | $115.0M | ||
| Q1 25 | $22.2M | $9.0M | ||
| Q4 24 | $56.3M | $-30.0M | ||
| Q3 24 | $189.5M | $80.0M | ||
| Q2 24 | $138.1M | $127.0M | ||
| Q1 24 | $196.1M | $54.0M |
自由现金流AMRASH
| Q4 25 | $-10.0M | $111.0M | ||
| Q3 25 | $25.4M | $6.0M | ||
| Q2 25 | $18.6M | $95.0M | ||
| Q1 25 | $-16.3M | $-12.0M | ||
| Q4 24 | $13.6M | $-53.0M | ||
| Q3 24 | $158.0M | $42.0M | ||
| Q2 24 | $77.0M | $98.0M | ||
| Q1 24 | $132.5M | $20.0M |
自由现金流率AMRASH
| Q4 25 | -1.9% | 28.8% | ||
| Q3 25 | 4.8% | 1.3% | ||
| Q2 25 | 3.4% | 20.5% | ||
| Q1 25 | -3.1% | -2.5% | ||
| Q4 24 | 2.2% | -13.1% | ||
| Q3 24 | 23.6% | 8.1% | ||
| Q2 24 | 9.6% | 18.0% | ||
| Q1 24 | 15.4% | 3.5% |
资本支出强度AMRASH
| Q4 25 | 5.6% | 3.6% | ||
| Q3 25 | 4.8% | 7.1% | ||
| Q2 25 | 6.3% | 4.3% | ||
| Q1 25 | 7.3% | 4.4% | ||
| Q4 24 | 6.9% | 5.7% | ||
| Q3 24 | 4.7% | 7.3% | ||
| Q2 24 | 7.6% | 5.3% | ||
| Q1 24 | 7.4% | 5.9% |
现金转化率AMRASH
| Q4 25 | — | — | ||
| Q3 25 | — | 1.29× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.29× | ||
| Q4 24 | — | — | ||
| Q3 24 | 49.81× | 4.71× | ||
| Q2 24 | 2.34× | 21.17× | ||
| Q1 24 | 1.54× | 0.45× |
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
AMR
暂无分部数据
ASH
| Personal Care And Household | $123.0M | 32% |
| Other | $120.0M | 31% |
| Specialty Additives | $36.0M | 9% |
| Intermediates And Solvents | $31.0M | 8% |
| Personal Care | $30.0M | 8% |
| Life Sciences | $27.0M | 7% |
| Intermediates | $19.0M | 5% |
