vs
亚什兰（ASH）与Douglas Elliman Inc.（DOUG）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Douglas Elliman Inc.的1.6倍（$386.0M vs $245.4M），Douglas Elliman Inc.净利率更高（27.9% vs -3.1%，领先31.0%），Douglas Elliman Inc.同比增速更快（0.9% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $-14.7M），过去两年Douglas Elliman Inc.的营收复合增速更高（10.7% 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。
Douglas Elliman Inc.是美国领先的住宅房地产经纪企业，提供高端房产买卖、租赁、物业管理及相关咨询服务，核心业务覆盖纽约、加州、佛罗里达、得克萨斯等都会区，主要服务高净值客户群体。
ASH vs DOUG — 直观对比
营收规模更大
ASH
是对方的1.6倍
$245.4M
营收增速更快
DOUG
高出5.6%
-4.7%
净利率更高
DOUG
高出31.0%
-3.1%
自由现金流更多
ASH
多$125.7M
$-14.7M
两年增速更快
DOUG
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $245.4M |
| 净利润 | $-12.0M | $68.6M |
| 毛利率 | 27.2% | — |
| 营业利润率 | -1.6% | 27.3% |
| 净利率 | -3.1% | 27.9% |
| 营收同比 | -4.7% | 0.9% |
| 净利润同比 | 92.7% | 1243.4% |
| 每股收益（稀释后） | $-0.26 | $0.80 |
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ASHDOUG
| Q4 25 | $386.0M | $245.4M | ||
| Q3 25 | $477.0M | $262.8M | ||
| Q2 25 | $463.0M | $271.4M | ||
| Q1 25 | $479.0M | $253.4M | ||
| Q4 24 | $405.0M | $243.3M | ||
| Q3 24 | $521.0M | $266.3M | ||
| Q2 24 | $544.0M | $285.8M | ||
| Q1 24 | $575.0M | $200.2M |
净利润ASHDOUG
| Q4 25 | $-12.0M | $68.6M | ||
| Q3 25 | $31.0M | $-24.7M | ||
| Q2 25 | $-742.0M | $-22.7M | ||
| Q1 25 | $31.0M | $-6.0M | ||
| Q4 24 | $-165.0M | $-6.0M | ||
| Q3 24 | $17.0M | $-27.2M | ||
| Q2 24 | $6.0M | $-1.7M | ||
| Q1 24 | $120.0M | $-41.5M |
毛利率ASHDOUG
| 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ASHDOUG
| Q4 25 | -1.6% | 27.3% | ||
| Q3 25 | 12.8% | -4.1% | ||
| Q2 25 | -152.9% | -2.0% | ||
| Q1 25 | 10.6% | -2.1% | ||
| Q4 24 | -44.2% | -6.7% | ||
| Q3 24 | 6.1% | -2.8% | ||
| Q2 24 | -11.2% | -1.3% | ||
| Q1 24 | 3.7% | -20.7% |
净利率ASHDOUG
| Q4 25 | -3.1% | 27.9% | ||
| Q3 25 | 6.5% | -9.4% | ||
| Q2 25 | -160.3% | -8.4% | ||
| Q1 25 | 6.5% | -2.4% | ||
| Q4 24 | -40.7% | -2.5% | ||
| Q3 24 | 3.3% | -10.2% | ||
| Q2 24 | 1.1% | -0.6% | ||
| Q1 24 | 20.9% | -20.7% |
每股收益（稀释后）ASHDOUG
| Q4 25 | $-0.26 | $0.80 | ||
| Q3 25 | $0.83 | $-0.29 | ||
| Q2 25 | $-16.21 | $-0.27 | ||
| Q1 25 | $0.65 | $-0.07 | ||
| Q4 24 | $-3.50 | $-0.06 | ||
| Q3 24 | $0.34 | $-0.33 | ||
| Q2 24 | $0.12 | $-0.02 | ||
| Q1 24 | $2.39 | $-0.50 |
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 | $115.5M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $1.9B | $183.9M |
| 总资产 | $4.5B | $444.4M |
| 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ASHDOUG
| Q4 25 | $304.0M | $115.5M | ||
| Q3 25 | $215.0M | $143.0M | ||
| Q2 25 | $207.0M | $136.3M | ||
| Q1 25 | $168.0M | $136.8M | ||
| Q4 24 | $219.0M | $145.5M | ||
| Q3 24 | $300.0M | $151.4M | ||
| Q2 24 | $399.0M | $92.9M | ||
| Q1 24 | $439.0M | $91.5M |
总债务ASHDOUG
| 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ASHDOUG
| Q4 25 | $1.9B | $183.9M | ||
| Q3 25 | $1.9B | $115.1M | ||
| Q2 25 | $1.9B | $137.6M | ||
| Q1 25 | $2.6B | $158.2M | ||
| Q4 24 | $2.6B | $162.2M | ||
| Q3 24 | $2.9B | $173.6M | ||
| Q2 24 | $3.0B | $196.9M | ||
| Q1 24 | $3.1B | $195.1M |
总资产ASHDOUG
| Q4 25 | $4.5B | $444.4M | ||
| Q3 25 | $4.6B | $480.6M | ||
| Q2 25 | $4.6B | $489.0M | ||
| Q1 25 | $5.2B | $493.9M | ||
| Q4 24 | $5.2B | $493.9M | ||
| Q3 24 | $5.6B | $502.7M | ||
| Q2 24 | $5.7B | $463.9M | ||
| Q1 24 | $5.9B | $461.1M |
负债/权益比ASHDOUG
| 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 | $-14.4M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $-14.7M |
| 自由现金流率自由现金流/营收 | 28.8% | -6.0% |
| 资本支出强度资本支出/营收 | 3.6% | 0.1% |
| 现金转化率经营现金流/净利润 | — | -0.21× |
| 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ASHDOUG
| Q4 25 | $125.0M | $-14.4M | ||
| Q3 25 | $40.0M | $5.5M | ||
| Q2 25 | $115.0M | $642.0K | ||
| Q1 25 | $9.0M | $-5.6M | ||
| Q4 24 | $-30.0M | $-9.0M | ||
| Q3 24 | $80.0M | $9.0M | ||
| Q2 24 | $127.0M | $1.3M | ||
| Q1 24 | $54.0M | $-27.3M |
自由现金流ASHDOUG
| Q4 25 | $111.0M | $-14.7M | ||
| Q3 25 | $6.0M | $4.7M | ||
| Q2 25 | $95.0M | $-575.0K | ||
| Q1 25 | $-12.0M | $-6.7M | ||
| Q4 24 | $-53.0M | $-10.2M | ||
| Q3 24 | $42.0M | $7.7M | ||
| Q2 24 | $98.0M | $432.0K | ||
| Q1 24 | $20.0M | $-29.4M |
自由现金流率ASHDOUG
| Q4 25 | 28.8% | -6.0% | ||
| Q3 25 | 1.3% | 1.8% | ||
| Q2 25 | 20.5% | -0.2% | ||
| Q1 25 | -2.5% | -2.6% | ||
| Q4 24 | -13.1% | -4.2% | ||
| Q3 24 | 8.1% | 2.9% | ||
| Q2 24 | 18.0% | 0.2% | ||
| Q1 24 | 3.5% | -14.7% |
资本支出强度ASHDOUG
| Q4 25 | 3.6% | 0.1% | ||
| Q3 25 | 7.1% | 0.3% | ||
| Q2 25 | 4.3% | 0.4% | ||
| Q1 25 | 4.4% | 0.4% | ||
| Q4 24 | 5.7% | 0.5% | ||
| Q3 24 | 7.3% | 0.5% | ||
| Q2 24 | 5.3% | 0.3% | ||
| Q1 24 | 5.9% | 1.0% |
现金转化率ASHDOUG
| Q4 25 | — | -0.21× | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.71× | — | ||
| Q2 24 | 21.17× | — | ||
| 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% |
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
