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亚什兰（ASH）与BrightView Holdings, Inc.（BV）财务数据对比。点击上方公司名可切换其他公司
BrightView Holdings, Inc.的季度营收约是亚什兰的1.6倍（$614.7M vs $386.0M），BrightView Holdings, Inc.净利率更高（-2.5% vs -3.1%，领先0.6%），BrightView Holdings, Inc.同比增速更快（2.6% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $-18.6M），过去两年BrightView Holdings, Inc.的营收复合增速更高（-4.4% 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。
BrightView Holdings是美国领先的商业景观服务提供商，业务涵盖景观设计、施工、日常养护、灌溉系统管理、除雪除冰等，服务客户覆盖企业园区、商业中心、住宅社区及公共部门等场景。
ASH vs BV — 直观对比
营收规模更大
BV
是对方的1.6倍
$386.0M
营收增速更快
BV
高出7.3%
-4.7%
净利率更高
BV
高出0.6%
-3.1%
自由现金流更多
ASH
多$129.6M
$-18.6M
两年增速更快
BV
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $614.7M |
| 净利润 | $-12.0M | $-15.2M |
| 毛利率 | 27.2% | 18.6% |
| 营业利润率 | -1.6% | -1.2% |
| 净利率 | -3.1% | -2.5% |
| 营收同比 | -4.7% | 2.6% |
| 净利润同比 | 92.7% | -46.2% |
| 每股收益（稀释后） | $-0.26 | $-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ASHBV
| Q4 25 | $386.0M | $614.7M | ||
| Q3 25 | $477.0M | $702.7M | ||
| Q2 25 | $463.0M | $708.3M | ||
| Q1 25 | $479.0M | $662.6M | ||
| Q4 24 | $405.0M | $599.2M | ||
| Q3 24 | $521.0M | $728.7M | ||
| Q2 24 | $544.0M | $738.8M | ||
| Q1 24 | $575.0M | $672.9M |
净利润ASHBV
| Q4 25 | $-12.0M | $-15.2M | ||
| Q3 25 | $31.0M | $27.7M | ||
| Q2 25 | $-742.0M | $32.3M | ||
| Q1 25 | $31.0M | $6.4M | ||
| Q4 24 | $-165.0M | $-10.4M | ||
| Q3 24 | $17.0M | $25.6M | ||
| Q2 24 | $6.0M | $23.5M | ||
| Q1 24 | $120.0M | $33.7M |
毛利率ASHBV
| Q4 25 | 27.2% | 18.6% | ||
| Q3 25 | 33.3% | 25.1% | ||
| Q2 25 | 28.5% | 24.1% | ||
| Q1 25 | 30.7% | 22.3% | ||
| Q4 24 | 27.4% | 21.2% | ||
| Q3 24 | 33.2% | 25.0% | ||
| Q2 24 | 34.2% | 24.0% | ||
| Q1 24 | 28.0% | 22.6% |
营业利润率ASHBV
| Q4 25 | -1.6% | -1.2% | ||
| Q3 25 | 12.8% | 7.9% | ||
| Q2 25 | -152.9% | 8.1% | ||
| Q1 25 | 10.6% | 3.4% | ||
| Q4 24 | -44.2% | -0.1% | ||
| Q3 24 | 6.1% | 7.1% | ||
| Q2 24 | -11.2% | 6.6% | ||
| Q1 24 | 3.7% | 9.2% |
净利率ASHBV
| Q4 25 | -3.1% | -2.5% | ||
| Q3 25 | 6.5% | 3.9% | ||
| Q2 25 | -160.3% | 4.6% | ||
| Q1 25 | 6.5% | 1.0% | ||
| Q4 24 | -40.7% | -1.7% | ||
| Q3 24 | 3.3% | 3.5% | ||
| Q2 24 | 1.1% | 3.2% | ||
| Q1 24 | 20.9% | 5.0% |
每股收益（稀释后）ASHBV
| Q4 25 | $-0.26 | $-0.26 | ||
| Q3 25 | $0.83 | $0.21 | ||
| Q2 25 | $-16.21 | $0.15 | ||
| Q1 25 | $0.65 | $-0.03 | ||
| Q4 24 | $-3.50 | $-0.20 | ||
| Q3 24 | $0.34 | $0.20 | ||
| Q2 24 | $0.12 | $0.10 | ||
| Q1 24 | $2.39 | $0.17 |
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 | $37.0M |
| 总债务越低越好 | $1.4B | $801.1M |
| 股东权益账面价值 | $1.9B | $1.3B |
| 总资产 | $4.5B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.74× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资ASHBV
| Q4 25 | $304.0M | $37.0M | ||
| Q3 25 | $215.0M | $74.5M | ||
| Q2 25 | $207.0M | $79.1M | ||
| Q1 25 | $168.0M | $141.3M | ||
| Q4 24 | $219.0M | $98.3M | ||
| Q3 24 | $300.0M | $140.4M | ||
| Q2 24 | $399.0M | $115.9M | ||
| Q1 24 | $439.0M | $177.3M |
总债务ASHBV
| Q4 25 | $1.4B | $801.1M | ||
| Q3 25 | $1.4B | $790.2M | ||
| Q2 25 | $1.4B | $790.7M | ||
| Q1 25 | $1.3B | $798.9M | ||
| Q4 24 | $1.3B | $796.5M | ||
| Q3 24 | $1.3B | $802.5M | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
股东权益ASHBV
| Q4 25 | $1.9B | $1.3B | ||
| Q3 25 | $1.9B | $1.3B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $2.6B | $1.3B | ||
| Q4 24 | $2.6B | $1.3B | ||
| Q3 24 | $2.9B | $1.3B | ||
| Q2 24 | $3.0B | $1.3B | ||
| Q1 24 | $3.1B | $1.2B |
总资产ASHBV
| Q4 25 | $4.5B | $3.3B | ||
| Q3 25 | $4.6B | $3.4B | ||
| Q2 25 | $4.6B | $3.4B | ||
| Q1 25 | $5.2B | $3.3B | ||
| Q4 24 | $5.2B | $3.3B | ||
| Q3 24 | $5.6B | $3.4B | ||
| Q2 24 | $5.7B | $3.4B | ||
| Q1 24 | $5.9B | $3.4B |
负债/权益比ASHBV
| Q4 25 | 0.74× | 0.64× | ||
| Q3 25 | 0.73× | 0.61× | ||
| Q2 25 | 0.73× | 0.62× | ||
| Q1 25 | 0.52× | 0.63× | ||
| Q4 24 | 0.51× | 0.63× | ||
| Q3 24 | 0.47× | 0.63× | ||
| 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 | $36.1M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $-18.6M |
| 自由现金流率自由现金流/营收 | 28.8% | -3.0% |
| 资本支出强度资本支出/营收 | 3.6% | 8.9% |
| 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 | $17.2M |
8季度趋势，按日历期对齐
经营现金流ASHBV
| Q4 25 | $125.0M | $36.1M | ||
| Q3 25 | $40.0M | $84.4M | ||
| Q2 25 | $115.0M | $55.7M | ||
| Q1 25 | $9.0M | $91.2M | ||
| Q4 24 | $-30.0M | $60.5M | ||
| Q3 24 | $80.0M | $53.5M | ||
| Q2 24 | $127.0M | $42.6M | ||
| Q1 24 | $54.0M | $83.3M |
自由现金流ASHBV
| Q4 25 | $111.0M | $-18.6M | ||
| Q3 25 | $6.0M | $26.0M | ||
| Q2 25 | $95.0M | $-47.8M | ||
| Q1 25 | $-12.0M | $57.6M | ||
| Q4 24 | $-53.0M | $1.8M | ||
| Q3 24 | $42.0M | $21.1M | ||
| Q2 24 | $98.0M | $19.3M | ||
| Q1 24 | $20.0M | $70.7M |
自由现金流率ASHBV
| Q4 25 | 28.8% | -3.0% | ||
| Q3 25 | 1.3% | 3.7% | ||
| Q2 25 | 20.5% | -6.7% | ||
| Q1 25 | -2.5% | 8.7% | ||
| Q4 24 | -13.1% | 0.3% | ||
| Q3 24 | 8.1% | 2.9% | ||
| Q2 24 | 18.0% | 2.6% | ||
| Q1 24 | 3.5% | 10.5% |
资本支出强度ASHBV
| Q4 25 | 3.6% | 8.9% | ||
| Q3 25 | 7.1% | 8.3% | ||
| Q2 25 | 4.3% | 14.6% | ||
| Q1 25 | 4.4% | 5.1% | ||
| Q4 24 | 5.7% | 9.8% | ||
| Q3 24 | 7.3% | 4.4% | ||
| Q2 24 | 5.3% | 3.2% | ||
| Q1 24 | 5.9% | 1.9% |
现金转化率ASHBV
| Q4 25 | — | — | ||
| Q3 25 | 1.29× | 3.05× | ||
| Q2 25 | — | 1.72× | ||
| Q1 25 | 0.29× | 14.25× | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.71× | 2.09× | ||
| Q2 24 | 21.17× | 1.81× | ||
| Q1 24 | 0.45× | 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
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% |
BV
| Landscape Maintenance | $368.0M | 60% |
| Development Services Segment | $179.2M | 29% |
| Snow Removal | $68.4M | 11% |
