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Arq, Inc.（ARQ）与杜邦（DD）财务数据对比。点击上方公司名可切换其他公司
Arq, Inc.同比增速更快（8.8% vs -182.3%）。Arq, Inc.自由现金流更多（$-3.5M vs $-850.0M）。过去两年杜邦的营收复合增速更高（NaN% vs NaN%）
Arq Inc是一家可持续发展技术企业，主营将煤矿开采废弃物加工为高价值低碳固体燃料及工业碳产品，服务能源、建筑、制造等领域客户，核心市场覆盖北美及欧洲主要地区，致力于帮助工业客户减少废弃物、降低碳排放。
杜邦（DuPont de Nemours, Inc.）是1802年由法裔美国化学家、实业家埃莱乌泰尔·伊雷内·杜邦创立的美国跨国化工企业，最初以火药供应为核心业务起家，在发展过程中对美国特拉华州的建设推进起到了重要作用，业务布局覆盖全球多个地区。
ARQ vs DD — 直观对比
营收规模更大
ARQ
是对方的-0.0倍
$-2.5B
营收增速更快
ARQ
高出191.2%
-182.3%
自由现金流更多
ARQ
多$846.5M
$-850.0M
两年增速更快
DD
近两年复合增速
16.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $29.4M | $-2.5B |
| 净利润 | — | $-126.0M |
| 毛利率 | 13.6% | — |
| 营业利润率 | -174.1% | — |
| 净利率 | — | 4.9% |
| 营收同比 | 8.8% | -182.3% |
| 净利润同比 | — | -6.8% |
| 每股收益（稀释后） | $-1.20 | $-0.30 |
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ARQDD
| Q4 25 | $29.4M | $-2.5B | ||
| Q3 25 | $35.1M | $3.1B | ||
| Q2 25 | $28.6M | $3.3B | ||
| Q1 25 | $27.2M | $3.1B | ||
| Q4 24 | $27.0M | $3.1B | ||
| Q3 24 | $34.8M | $3.2B | ||
| Q2 24 | $25.4M | $3.2B | ||
| Q1 24 | $21.7M | $2.9B |
净利润ARQDD
| Q4 25 | — | $-126.0M | ||
| Q3 25 | $-653.0K | $-123.0M | ||
| Q2 25 | $-2.1M | $59.0M | ||
| Q1 25 | $203.0K | $-589.0M | ||
| Q4 24 | — | $-118.0M | ||
| Q3 24 | $1.6M | $454.0M | ||
| Q2 24 | $-2.0M | $178.0M | ||
| Q1 24 | $-3.4M | $189.0M |
毛利率ARQDD
| Q4 25 | 13.6% | — | ||
| Q3 25 | 28.8% | 38.9% | ||
| Q2 25 | 33.3% | 37.3% | ||
| Q1 25 | 36.4% | 37.4% | ||
| Q4 24 | 36.3% | 36.4% | ||
| Q3 24 | 38.6% | 37.4% | ||
| Q2 24 | 32.2% | 37.1% | ||
| Q1 24 | 36.9% | 34.6% |
营业利润率ARQDD
| Q4 25 | -174.1% | — | ||
| Q3 25 | -2.4% | 10.6% | ||
| Q2 25 | -5.4% | 9.4% | ||
| Q1 25 | 2.4% | -14.0% | ||
| Q4 24 | 1.5% | 1.4% | ||
| Q3 24 | 5.8% | 18.4% | ||
| Q2 24 | -5.6% | 9.3% | ||
| Q1 24 | -13.7% | 9.1% |
净利率ARQDD
| Q4 25 | — | 4.9% | ||
| Q3 25 | -1.9% | -4.0% | ||
| Q2 25 | -7.5% | 1.8% | ||
| Q1 25 | 0.7% | -19.2% | ||
| Q4 24 | — | -3.8% | ||
| Q3 24 | 4.7% | 14.2% | ||
| Q2 24 | -7.7% | 5.6% | ||
| Q1 24 | -15.7% | 6.4% |
每股收益（稀释后）ARQDD
| Q4 25 | $-1.20 | $-0.30 | ||
| Q3 25 | $-0.02 | $-0.29 | ||
| Q2 25 | $-0.05 | $0.14 | ||
| Q1 25 | $0.00 | $-1.41 | ||
| Q4 24 | $-0.03 | $-0.28 | ||
| Q3 24 | $0.04 | $1.08 | ||
| Q2 24 | $-0.06 | $0.42 | ||
| Q1 24 | $-0.09 | $0.45 |
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 | $6.6M | $715.0M |
| 总债务越低越好 | $28.7M | $3.1B |
| 股东权益账面价值 | $168.0M | $13.9B |
| 总资产 | $230.6M | $21.6B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资ARQDD
| Q4 25 | $6.6M | $715.0M | ||
| Q3 25 | $7.0M | $2.0B | ||
| Q2 25 | $7.0M | $1.8B | ||
| Q1 25 | $6.3M | $1.8B | ||
| Q4 24 | $13.5M | $1.9B | ||
| Q3 24 | $48.7M | $1.6B | ||
| Q2 24 | $28.5M | $1.5B | ||
| Q1 24 | $35.2M | $1.9B |
总债务ARQDD
| Q4 25 | $28.7M | $3.1B | ||
| Q3 25 | $26.1M | $7.0B | ||
| Q2 25 | $28.9M | $5.3B | ||
| Q1 25 | $27.1M | $5.3B | ||
| Q4 24 | $25.1M | $5.3B | ||
| Q3 24 | $21.6M | $7.2B | ||
| Q2 24 | $22.2M | $7.2B | ||
| Q1 24 | $22.6M | $7.8B |
股东权益ARQDD
| Q4 25 | $168.0M | $13.9B | ||
| Q3 25 | $217.2M | $22.9B | ||
| Q2 25 | $216.8M | $23.1B | ||
| Q1 25 | $218.2M | $22.8B | ||
| Q4 24 | $217.3M | $23.4B | ||
| Q3 24 | $218.1M | $24.2B | ||
| Q2 24 | $189.6M | $23.3B | ||
| Q1 24 | $175.2M | $23.6B |
总资产ARQDD
| Q4 25 | $230.6M | $21.6B | ||
| Q3 25 | $277.9M | $38.0B | ||
| Q2 25 | $284.5M | $36.6B | ||
| Q1 25 | $283.7M | $36.0B | ||
| Q4 24 | $284.4M | $36.6B | ||
| Q3 24 | $280.0M | $37.5B | ||
| Q2 24 | $248.6M | $36.6B | ||
| Q1 24 | $229.8M | $37.7B |
负债/权益比ARQDD
| Q4 25 | 0.17× | 0.23× | ||
| Q3 25 | 0.12× | 0.31× | ||
| Q2 25 | 0.13× | 0.23× | ||
| Q1 25 | 0.12× | 0.23× | ||
| Q4 24 | 0.12× | 0.23× | ||
| Q3 24 | 0.10× | 0.30× | ||
| Q2 24 | 0.12× | 0.31× | ||
| Q1 24 | 0.13× | 0.33× |
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 | $-2.8M | $-700.0M |
| 自由现金流经营现金流 - 资本支出 | $-3.5M | $-850.0M |
| 自由现金流率自由现金流/营收 | -12.0% | 33.4% |
| 资本支出强度资本支出/营收 | 2.7% | -5.9% |
| 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 | $-11.3M | $-73.0M |
8季度趋势，按日历期对齐
经营现金流ARQDD
| Q4 25 | $-2.8M | $-700.0M | ||
| Q3 25 | $5.3M | $497.0M | ||
| Q2 25 | $527.0K | $381.0M | ||
| Q1 25 | $-5.8M | $382.0M | ||
| Q4 24 | $5.2M | $564.0M | ||
| Q3 24 | $7.7M | $737.0M | ||
| Q2 24 | $-3.0M | $527.0M | ||
| Q1 24 | $526.0K | $493.0M |
自由现金流ARQDD
| Q4 25 | $-3.5M | $-850.0M | ||
| Q3 25 | $3.1M | $379.0M | ||
| Q2 25 | $-1.4M | $265.0M | ||
| Q1 25 | $-9.5M | $133.0M | ||
| Q4 24 | $-37.8M | $403.0M | ||
| Q3 24 | $-5.8M | $628.0M | ||
| Q2 24 | $-22.1M | $425.0M | ||
| Q1 24 | $-9.1M | $286.0M |
自由现金流率ARQDD
| Q4 25 | -12.0% | 33.4% | ||
| Q3 25 | 8.8% | 12.3% | ||
| Q2 25 | -4.7% | 8.1% | ||
| Q1 25 | -34.9% | 4.3% | ||
| Q4 24 | -139.6% | 13.0% | ||
| Q3 24 | -16.5% | 19.7% | ||
| Q2 24 | -87.1% | 13.4% | ||
| Q1 24 | -41.7% | 9.8% |
资本支出强度ARQDD
| Q4 25 | 2.7% | -5.9% | ||
| Q3 25 | 6.3% | 3.8% | ||
| Q2 25 | 6.6% | 3.6% | ||
| Q1 25 | 13.6% | 8.1% | ||
| Q4 24 | 158.9% | 5.2% | ||
| Q3 24 | 38.7% | 3.4% | ||
| Q2 24 | 75.5% | 3.2% | ||
| Q1 24 | 44.1% | 7.1% |
现金转化率ARQDD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 6.46× | ||
| Q1 25 | -28.59× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.76× | 1.62× | ||
| Q2 24 | — | 2.96× | ||
| Q1 24 | — | 2.61× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
