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Artisan Partners Asset Management Inc.（APAM）与RAYONIER ADVANCED MATERIALS INC.（RYAM）财务数据对比。点击上方公司名可切换其他公司
RAYONIER ADVANCED MATERIALS INC.的季度营收约是Artisan Partners Asset Management Inc.的1.2倍（$417.5M vs $335.5M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs -5.0%，领先40.2%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs -1.2%），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs 3.8%）
阿蒂森伙伴资产管理公司（Artisan Partners）是总部位于美国威斯康星州密尔沃基的资产管理机构，除美国本土外，还在都柏林、香港、伦敦、新加坡、悉尼设有办公室，为全球客户提供专业的资产管理服务。
RYAM（原雷尼尔先进材料公司）是一家美国全球性纤维素技术企业，主打高纯度特种纤维素产品，所生产的天然聚合物广泛应用于过滤器生产、食品加工、医药制造及各类工业领域，同时也为造纸和包装行业供应相关产品，在纤维素技术领域拥有较高的行业认可度。
APAM vs RYAM — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $417.5M |
| 净利润 | $118.1M | $-21.1M |
| 毛利率 | — | 8.9% |
| 营业利润率 | 39.2% | 2.6% |
| 净利率 | 35.2% | -5.0% |
| 营收同比 | 12.9% | -1.2% |
| 净利润同比 | 34.9% | -31.9% |
| 每股收益（稀释后） | $1.36 | $-0.33 |
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
| Q4 25 | $335.5M | $417.5M | ||
| Q3 25 | $301.3M | $352.8M | ||
| Q2 25 | $282.7M | $340.0M | ||
| Q1 25 | $277.1M | $356.0M | ||
| Q4 24 | $297.1M | $422.5M | ||
| Q3 24 | $279.6M | $401.1M | ||
| Q2 24 | $270.8M | $419.0M | ||
| Q1 24 | $264.4M | $387.7M |
| Q4 25 | $118.1M | $-21.1M | ||
| Q3 25 | $66.8M | $-4.5M | ||
| Q2 25 | $67.6M | $-363.2M | ||
| Q1 25 | $61.1M | $-32.0M | ||
| Q4 24 | $87.5M | $-16.0M | ||
| Q3 24 | $73.0M | $-32.6M | ||
| Q2 24 | $57.6M | $11.4M | ||
| Q1 24 | $59.5M | $-1.6M |
| Q4 25 | — | 8.9% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | 7.0% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | — | 8.7% | ||
| Q3 24 | — | 10.9% | ||
| Q2 24 | — | 11.5% | ||
| Q1 24 | — | 9.5% |
| Q4 25 | 39.2% | 2.6% | ||
| Q3 25 | 33.8% | 2.8% | ||
| Q2 25 | 28.2% | -0.4% | ||
| Q1 25 | 31.2% | -4.2% | ||
| Q4 24 | 36.7% | 2.6% | ||
| Q3 24 | 33.3% | -4.2% | ||
| Q2 24 | 32.0% | 6.7% | ||
| Q1 24 | 29.4% | 4.4% |
| Q4 25 | 35.2% | -5.0% | ||
| Q3 25 | 22.2% | -1.3% | ||
| Q2 25 | 23.9% | -106.8% | ||
| Q1 25 | 22.1% | -9.0% | ||
| Q4 24 | 29.5% | -3.8% | ||
| Q3 24 | 26.1% | -8.1% | ||
| Q2 24 | 21.3% | 2.7% | ||
| Q1 24 | 22.5% | -0.4% |
| Q4 25 | $1.36 | $-0.33 | ||
| Q3 25 | $0.93 | $-0.07 | ||
| Q2 25 | $0.94 | $-5.44 | ||
| Q1 25 | $0.82 | $-0.49 | ||
| Q4 24 | $0.99 | $-0.25 | ||
| Q3 24 | $1.03 | $-0.49 | ||
| Q2 24 | $0.80 | $0.17 | ||
| Q1 24 | $0.84 | $-0.02 |
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 | — | $75.4M |
| 总债务越低越好 | $190.0M | $758.1M |
| 股东权益账面价值 | $438.8M | $316.6M |
| 总资产 | $1.6B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.43× | 2.39× |
8季度趋势，按日历期对齐
| Q4 25 | — | $75.4M | ||
| Q3 25 | — | $77.0M | ||
| Q2 25 | — | $70.7M | ||
| Q1 25 | — | $129.9M | ||
| Q4 24 | — | $125.2M | ||
| Q3 24 | — | $136.1M | ||
| Q2 24 | — | $114.1M | ||
| Q1 24 | — | $54.6M |
| Q4 25 | $190.0M | $758.1M | ||
| Q3 25 | $190.0M | $763.5M | ||
| Q2 25 | $200.0M | $720.4M | ||
| Q1 25 | $200.0M | $707.0M | ||
| Q4 24 | $200.0M | $706.4M | ||
| Q3 24 | $200.0M | $747.7M | ||
| Q2 24 | $200.0M | $752.8M | ||
| Q1 24 | $200.0M | $755.6M |
| Q4 25 | $438.8M | $316.6M | ||
| Q3 25 | $402.1M | $338.2M | ||
| Q2 25 | $381.8M | $342.3M | ||
| Q1 25 | $356.5M | $688.1M | ||
| Q4 24 | $388.9M | $713.9M | ||
| Q3 24 | $372.1M | $732.7M | ||
| Q2 24 | $341.2M | $755.1M | ||
| Q1 24 | $320.3M | $741.8M |
| Q4 25 | $1.6B | $1.8B | ||
| Q3 25 | $1.6B | $1.8B | ||
| Q2 25 | $1.4B | $1.8B | ||
| Q1 25 | $1.4B | $2.1B | ||
| Q4 24 | $1.6B | $2.1B | ||
| Q3 24 | $1.6B | $2.2B | ||
| Q2 24 | $1.5B | $2.2B | ||
| Q1 24 | $1.5B | $2.1B |
| Q4 25 | 0.43× | 2.39× | ||
| Q3 25 | 0.47× | 2.26× | ||
| Q2 25 | 0.52× | 2.10× | ||
| Q1 25 | 0.56× | 1.03× | ||
| Q4 24 | 0.51× | 0.99× | ||
| Q3 24 | 0.54× | 1.02× | ||
| Q2 24 | 0.59× | 1.00× | ||
| Q1 24 | 0.62× | 1.02× |
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 | $172.0M | $32.3M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | — |
| 自由现金流率自由现金流/营收 | 51.2% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | 1.46× | — |
| 过去12个月自由现金流最近4个季度 | $420.6M | — |
8季度趋势，按日历期对齐
| Q4 25 | $172.0M | $32.3M | ||
| Q3 25 | $40.4M | $-17.8M | ||
| Q2 25 | $50.9M | $-30.2M | ||
| Q1 25 | $157.9M | $39.6M | ||
| Q4 24 | $372.8M | $54.9M | ||
| Q3 24 | $112.8M | $49.8M | ||
| Q2 24 | $75.9M | $87.6M | ||
| Q1 24 | $147.0M | $11.3M |
| Q4 25 | $171.6M | — | ||
| Q3 25 | $40.4M | — | ||
| Q2 25 | $50.9M | — | ||
| Q1 25 | $157.7M | — | ||
| Q4 24 | $371.3M | — | ||
| Q3 24 | $112.4M | — | ||
| Q2 24 | $75.2M | — | ||
| Q1 24 | $146.9M | — |
| Q4 25 | 51.2% | — | ||
| Q3 25 | 13.4% | — | ||
| Q2 25 | 18.0% | — | ||
| Q1 25 | 56.9% | — | ||
| Q4 24 | 125.0% | — | ||
| Q3 24 | 40.2% | — | ||
| Q2 24 | 27.8% | — | ||
| Q1 24 | 55.6% | — |
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.0% | — |
| Q4 25 | 1.46× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 2.58× | — | ||
| Q4 24 | 4.26× | — | ||
| Q3 24 | 1.54× | — | ||
| Q2 24 | 1.32× | 7.69× | ||
| Q1 24 | 2.47× | — |
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
APAM
暂无分部数据
RYAM
| Cellulose Specialties | $249.6M | 60% |
| Other | $86.2M | 21% |
| Paperboard | $44.2M | 11% |
| High Yield Pulp | $28.3M | 7% |
| Biomaterials | $9.2M | 2% |
