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亚什兰（ASH）与AvalonBay Communities（AVB）财务数据对比。点击上方公司名可切换其他公司
AvalonBay Communities的季度营收约是亚什兰的2.0倍（$767.9M vs $386.0M），AvalonBay Communities净利率更高（9040.6% vs -3.1%，领先9043.7%），AvalonBay Communities同比增速更快（3.7% vs -4.7%），AvalonBay Communities自由现金流更多（$1.4B vs $111.0M），过去两年AvalonBay Communities的营收复合增速更高（3.8% 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。
AvalonBay Communities是一家公开上市的房地产投资信托（REIT），核心业务聚焦公寓类不动产的投资与运营，旗下持有并管理大量区位优质的公寓项目，为租户提供高品质居住服务，在北美住宅地产投资领域拥有较高知名度。
ASH vs AVB — 直观对比
营收规模更大
AVB
是对方的2.0倍
$386.0M
营收增速更快
AVB
高出8.4%
-4.7%
净利率更高
AVB
高出9043.7%
-3.1%
自由现金流更多
AVB
多$1.3B
$111.0M
两年增速更快
AVB
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $767.9M |
| 净利润 | $-12.0M | $166.0M |
| 毛利率 | 27.2% | — |
| 营业利润率 | -1.6% | 64.2% |
| 净利率 | -3.1% | 9040.6% |
| 营收同比 | -4.7% | 3.7% |
| 净利润同比 | 92.7% | -41.2% |
| 每股收益（稀释后） | $-0.26 | $1.18 |
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ASHAVB
| Q4 25 | $386.0M | $767.9M | ||
| Q3 25 | $477.0M | $766.8M | ||
| Q2 25 | $463.0M | $760.2M | ||
| Q1 25 | $479.0M | $745.9M | ||
| Q4 24 | $405.0M | $740.5M | ||
| Q3 24 | $521.0M | $734.3M | ||
| Q2 24 | $544.0M | $726.0M | ||
| Q1 24 | $575.0M | $712.9M |
净利润ASHAVB
| Q4 25 | $-12.0M | $166.0M | ||
| Q3 25 | $31.0M | $381.3M | ||
| Q2 25 | $-742.0M | $268.7M | ||
| Q1 25 | $31.0M | $236.6M | ||
| Q4 24 | $-165.0M | $282.1M | ||
| Q3 24 | $17.0M | $372.5M | ||
| Q2 24 | $6.0M | $253.9M | ||
| Q1 24 | $120.0M | $173.4M |
毛利率ASHAVB
| 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ASHAVB
| Q4 25 | -1.6% | 64.2% | ||
| Q3 25 | 12.8% | 65.7% | ||
| Q2 25 | -152.9% | 67.6% | ||
| Q1 25 | 10.6% | 68.5% | ||
| Q4 24 | -44.2% | 63.1% | ||
| Q3 24 | 6.1% | 65.4% | ||
| Q2 24 | -11.2% | 66.6% | ||
| Q1 24 | 3.7% | 67.2% |
净利率ASHAVB
| Q4 25 | -3.1% | 9040.6% | ||
| Q3 25 | 6.5% | 49.7% | ||
| Q2 25 | -160.3% | 35.3% | ||
| Q1 25 | 6.5% | 31.7% | ||
| Q4 24 | -40.7% | 38.1% | ||
| Q3 24 | 3.3% | 50.7% | ||
| Q2 24 | 1.1% | 35.0% | ||
| Q1 24 | 20.9% | 24.3% |
每股收益（稀释后）ASHAVB
| Q4 25 | $-0.26 | $1.18 | ||
| Q3 25 | $0.83 | $2.68 | ||
| Q2 25 | $-16.21 | $1.88 | ||
| Q1 25 | $0.65 | $1.66 | ||
| Q4 24 | $-3.50 | $1.99 | ||
| Q3 24 | $0.34 | $2.61 | ||
| Q2 24 | $0.12 | $1.78 | ||
| Q1 24 | $2.39 | $1.22 |
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 | $187.2M |
| 总债务越低越好 | $1.4B | $9.3B |
| 股东权益账面价值 | $1.9B | $11.6B |
| 总资产 | $4.5B | $22.2B |
| 负债/权益比越低杠杆越低 | 0.74× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资ASHAVB
| Q4 25 | $304.0M | $187.2M | ||
| Q3 25 | $215.0M | $123.3M | ||
| Q2 25 | $207.0M | $102.8M | ||
| Q1 25 | $168.0M | $53.3M | ||
| Q4 24 | $219.0M | $108.6M | ||
| Q3 24 | $300.0M | $552.4M | ||
| Q2 24 | $399.0M | $545.8M | ||
| Q1 24 | $439.0M | $287.9M |
总债务ASHAVB
| Q4 25 | $1.4B | $9.3B | ||
| Q3 25 | $1.4B | $8.7B | ||
| Q2 25 | $1.4B | $8.7B | ||
| Q1 25 | $1.3B | $8.3B | ||
| Q4 24 | $1.3B | $8.1B | ||
| Q3 24 | $1.3B | $8.4B | ||
| Q2 24 | $1.3B | $8.4B | ||
| Q1 24 | $1.3B | $8.0B |
股东权益ASHAVB
| Q4 25 | $1.9B | $11.6B | ||
| Q3 25 | $1.9B | $11.9B | ||
| Q2 25 | $1.9B | $11.9B | ||
| Q1 25 | $2.6B | $11.9B | ||
| Q4 24 | $2.6B | $11.9B | ||
| Q3 24 | $2.9B | $11.9B | ||
| Q2 24 | $3.0B | $11.7B | ||
| Q1 24 | $3.1B | $11.7B |
总资产ASHAVB
| Q4 25 | $4.5B | $22.2B | ||
| Q3 25 | $4.6B | $21.9B | ||
| Q2 25 | $4.6B | $21.8B | ||
| Q1 25 | $5.2B | $21.2B | ||
| Q4 24 | $5.2B | $21.0B | ||
| Q3 24 | $5.6B | $21.3B | ||
| Q2 24 | $5.7B | $21.0B | ||
| Q1 24 | $5.9B | $20.6B |
负债/权益比ASHAVB
| Q4 25 | 0.74× | 0.80× | ||
| Q3 25 | 0.73× | 0.73× | ||
| Q2 25 | 0.73× | 0.72× | ||
| Q1 25 | 0.52× | 0.70× | ||
| Q4 24 | 0.51× | 0.68× | ||
| Q3 24 | 0.47× | 0.70× | ||
| Q2 24 | 0.45× | 0.71× | ||
| Q1 24 | 0.42× | 0.68× |
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 | $1.7B |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $1.4B |
| 自由现金流率自由现金流/营收 | 28.8% | 183.5% |
| 资本支出强度资本支出/营收 | 3.6% | 34.1% |
| 现金转化率经营现金流/净利润 | — | 10.07× |
| 过去12个月自由现金流最近4个季度 | $200.0M | $2.5B |
8季度趋势，按日历期对齐
经营现金流ASHAVB
| Q4 25 | $125.0M | $1.7B | ||
| Q3 25 | $40.0M | $477.0M | ||
| Q2 25 | $115.0M | $377.8M | ||
| Q1 25 | $9.0M | $415.9M | ||
| Q4 24 | $-30.0M | $1.6B | ||
| Q3 24 | $80.0M | $486.2M | ||
| Q2 24 | $127.0M | $380.0M | ||
| Q1 24 | $54.0M | $412.9M |
自由现金流ASHAVB
| Q4 25 | $111.0M | $1.4B | ||
| Q3 25 | $6.0M | $402.2M | ||
| Q2 25 | $95.0M | $317.1M | ||
| Q1 25 | $-12.0M | $367.5M | ||
| Q4 24 | $-53.0M | $1.4B | ||
| Q3 24 | $42.0M | $434.2M | ||
| Q2 24 | $98.0M | $333.0M | ||
| Q1 24 | $20.0M | $375.4M |
自由现金流率ASHAVB
| Q4 25 | 28.8% | 183.5% | ||
| Q3 25 | 1.3% | 52.5% | ||
| Q2 25 | 20.5% | 41.7% | ||
| Q1 25 | -2.5% | 49.3% | ||
| Q4 24 | -13.1% | 191.0% | ||
| Q3 24 | 8.1% | 59.1% | ||
| Q2 24 | 18.0% | 45.9% | ||
| Q1 24 | 3.5% | 52.7% |
资本支出强度ASHAVB
| Q4 25 | 3.6% | 34.1% | ||
| Q3 25 | 7.1% | 9.8% | ||
| Q2 25 | 4.3% | 8.0% | ||
| Q1 25 | 4.4% | 6.5% | ||
| Q4 24 | 5.7% | 26.1% | ||
| Q3 24 | 7.3% | 7.1% | ||
| Q2 24 | 5.3% | 6.5% | ||
| Q1 24 | 5.9% | 5.3% |
现金转化率ASHAVB
| Q4 25 | — | 10.07× | ||
| Q3 25 | 1.29× | 1.25× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | 0.29× | 1.76× | ||
| Q4 24 | — | 5.70× | ||
| Q3 24 | 4.71× | 1.31× | ||
| Q2 24 | 21.17× | 1.50× | ||
| Q1 24 | 0.45× | 2.38× |
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% |
AVB
暂无分部数据
