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亚什兰（ASH）与ASTRONICS CORP（ATRO）财务数据对比。点击上方公司名可切换其他公司
亚什兰的季度营收约是ASTRONICS CORP的1.6倍（$386.0M vs $240.1M），ASTRONICS CORP同比增速更快（15.1% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $15.8M），过去两年ASTRONICS CORP的营收复合增速更高（13.9% vs -18.1%）
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。
Astronics Corporation是一家成立于1968年的美国航空航天电子企业，总部位于纽约州东奥罗拉，在纳斯达克上市，股票代码为ATRO。该公司专注于军用、商用及公务机的照明与电子系统集成业务，同时还提供半导体测试系统，在相关领域拥有较高知名度。
ASH vs ATRO — 直观对比
营收规模更大
ASH
是对方的1.6倍
$240.1M
营收增速更快
ATRO
高出19.8%
-4.7%
自由现金流更多
ASH
多$95.2M
$15.8M
两年增速更快
ATRO
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $240.1M |
| 净利润 | $-12.0M | — |
| 毛利率 | 27.2% | 33.3% |
| 营业利润率 | -1.6% | 14.8% |
| 净利率 | -3.1% | — |
| 营收同比 | -4.7% | 15.1% |
| 净利润同比 | 92.7% | — |
| 每股收益（稀释后） | $-0.26 | $0.82 |
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ASHATRO
| Q4 25 | $386.0M | $240.1M | ||
| Q3 25 | $477.0M | $211.4M | ||
| Q2 25 | $463.0M | $204.7M | ||
| Q1 25 | $479.0M | $205.9M | ||
| Q4 24 | $405.0M | $208.5M | ||
| Q3 24 | $521.0M | $203.7M | ||
| Q2 24 | $544.0M | $198.1M | ||
| Q1 24 | $575.0M | $185.1M |
净利润ASHATRO
| Q4 25 | $-12.0M | — | ||
| Q3 25 | $31.0M | $-11.1M | ||
| Q2 25 | $-742.0M | $1.3M | ||
| Q1 25 | $31.0M | $9.5M | ||
| Q4 24 | $-165.0M | — | ||
| Q3 24 | $17.0M | $-11.7M | ||
| Q2 24 | $6.0M | $1.5M | ||
| Q1 24 | $120.0M | $-3.2M |
毛利率ASHATRO
| Q4 25 | 27.2% | 33.3% | ||
| Q3 25 | 33.3% | 30.5% | ||
| Q2 25 | 28.5% | 25.8% | ||
| Q1 25 | 30.7% | 29.5% | ||
| Q4 24 | 27.4% | 29.8% | ||
| Q3 24 | 33.2% | 27.1% | ||
| Q2 24 | 34.2% | 28.0% | ||
| Q1 24 | 28.0% | 25.7% |
营业利润率ASHATRO
| Q4 25 | -1.6% | 14.8% | ||
| Q3 25 | 12.8% | 10.9% | ||
| Q2 25 | -152.9% | 2.3% | ||
| Q1 25 | 10.6% | 6.4% | ||
| Q4 24 | -44.2% | 4.3% | ||
| Q3 24 | 6.1% | 4.1% | ||
| Q2 24 | -11.2% | 3.8% | ||
| Q1 24 | 3.7% | 0.9% |
净利率ASHATRO
| Q4 25 | -3.1% | — | ||
| Q3 25 | 6.5% | -5.2% | ||
| Q2 25 | -160.3% | 0.6% | ||
| Q1 25 | 6.5% | 4.6% | ||
| Q4 24 | -40.7% | — | ||
| Q3 24 | 3.3% | -5.8% | ||
| Q2 24 | 1.1% | 0.8% | ||
| Q1 24 | 20.9% | -1.7% |
每股收益（稀释后）ASHATRO
| Q4 25 | $-0.26 | $0.82 | ||
| Q3 25 | $0.83 | $-0.31 | ||
| Q2 25 | $-16.21 | $0.04 | ||
| Q1 25 | $0.65 | $0.26 | ||
| Q4 24 | $-3.50 | $-0.07 | ||
| Q3 24 | $0.34 | $-0.34 | ||
| Q2 24 | $0.12 | $0.04 | ||
| Q1 24 | $2.39 | $-0.09 |
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 | $304.0M | $18.2M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $1.9B | $140.1M |
| 总资产 | $4.5B | $706.7M |
| 负债/权益比越低杠杆越低 | 0.74× | — |
8季度趋势，按日历期对齐
现金及短期投资ASHATRO
| Q4 25 | $304.0M | $18.2M | ||
| Q3 25 | $215.0M | $13.5M | ||
| Q2 25 | $207.0M | $13.5M | ||
| Q1 25 | $168.0M | $24.8M | ||
| Q4 24 | $219.0M | $9.3M | ||
| Q3 24 | $300.0M | $5.2M | ||
| Q2 24 | $399.0M | $2.9M | ||
| Q1 24 | $439.0M | $5.3M |
总债务ASHATRO
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
股东权益ASHATRO
| Q4 25 | $1.9B | $140.1M | ||
| Q3 25 | $1.9B | $108.9M | ||
| Q2 25 | $1.9B | $271.6M | ||
| Q1 25 | $2.6B | $266.8M | ||
| Q4 24 | $2.6B | $256.1M | ||
| Q3 24 | $2.9B | $249.2M | ||
| Q2 24 | $3.0B | $257.9M | ||
| Q1 24 | $3.1B | $251.7M |
总资产ASHATRO
| Q4 25 | $4.5B | $706.7M | ||
| Q3 25 | $4.6B | $682.2M | ||
| Q2 25 | $4.6B | $646.7M | ||
| Q1 25 | $5.2B | $662.2M | ||
| Q4 24 | $5.2B | $648.8M | ||
| Q3 24 | $5.6B | $651.6M | ||
| Q2 24 | $5.7B | $644.9M | ||
| Q1 24 | $5.9B | $630.0M |
负债/权益比ASHATRO
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.45× | — | ||
| Q1 24 | 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 | $125.0M | $27.6M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $15.8M |
| 自由现金流率自由现金流/营收 | 28.8% | 6.6% |
| 资本支出强度资本支出/营收 | 3.6% | 4.9% |
| 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 | $200.0M | $43.1M |
8季度趋势，按日历期对齐
经营现金流ASHATRO
| Q4 25 | $125.0M | $27.6M | ||
| Q3 25 | $40.0M | $34.2M | ||
| Q2 25 | $115.0M | $-7.6M | ||
| Q1 25 | $9.0M | $20.6M | ||
| Q4 24 | $-30.0M | $26.4M | ||
| Q3 24 | $80.0M | $8.4M | ||
| Q2 24 | $127.0M | $-6.3M | ||
| Q1 24 | $54.0M | $2.0M |
自由现金流ASHATRO
| Q4 25 | $111.0M | $15.8M | ||
| Q3 25 | $6.0M | $21.0M | ||
| Q2 25 | $95.0M | $-12.2M | ||
| Q1 25 | $-12.0M | $18.5M | ||
| Q4 24 | $-53.0M | $23.2M | ||
| Q3 24 | $42.0M | $6.5M | ||
| Q2 24 | $98.0M | $-8.1M | ||
| Q1 24 | $20.0M | $439.0K |
自由现金流率ASHATRO
| Q4 25 | 28.8% | 6.6% | ||
| Q3 25 | 1.3% | 9.9% | ||
| Q2 25 | 20.5% | -6.0% | ||
| Q1 25 | -2.5% | 9.0% | ||
| Q4 24 | -13.1% | 11.1% | ||
| Q3 24 | 8.1% | 3.2% | ||
| Q2 24 | 18.0% | -4.1% | ||
| Q1 24 | 3.5% | 0.2% |
资本支出强度ASHATRO
| Q4 25 | 3.6% | 4.9% | ||
| Q3 25 | 7.1% | 6.2% | ||
| Q2 25 | 4.3% | 2.2% | ||
| Q1 25 | 4.4% | 1.0% | ||
| Q4 24 | 5.7% | 1.5% | ||
| Q3 24 | 7.3% | 0.9% | ||
| Q2 24 | 5.3% | 0.9% | ||
| Q1 24 | 5.9% | 0.9% |
现金转化率ASHATRO
| Q4 25 | — | — | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | — | -5.81× | ||
| Q1 25 | 0.29× | 2.17× | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.71× | — | ||
| Q2 24 | 21.17× | -4.08× | ||
| Q1 24 | 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
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% |
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
