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亚什兰（ASH）与Empire State Realty OP, L.P.（ESBA）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Empire State Realty OP, L.P.的1.9倍（$386.0M vs $199.2M），Empire State Realty OP, L.P.净利率更高（16.1% vs -3.1%，领先19.3%），Empire State Realty OP, L.P.同比增速更快（0.8% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $50.6M），过去两年Empire State Realty OP, L.P.的营收复合增速更高（4.9% 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。
Empire State Realty OP, L.P. 是一家房地产运营合伙企业，核心业务为持有、管理及出租优质商业与零售物业，主要布局纽约大都会区，旗下拥有帝国大厦等标志性地标，服务企业租户、零售品牌及旅游相关业务板块。
ASH vs ESBA — 直观对比
营收规模更大
ASH
是对方的1.9倍
$199.2M
营收增速更快
ESBA
高出5.5%
-4.7%
净利率更高
ESBA
高出19.3%
-3.1%
自由现金流更多
ASH
多$60.4M
$50.6M
两年增速更快
ESBA
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $199.2M |
| 净利润 | $-12.0M | $32.2M |
| 毛利率 | 27.2% | — |
| 营业利润率 | -1.6% | 17.8% |
| 净利率 | -3.1% | 16.1% |
| 营收同比 | -4.7% | 0.8% |
| 净利润同比 | 92.7% | 71.2% |
| 每股收益（稀释后） | $-0.26 | $0.11 |
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ASHESBA
| Q4 25 | $386.0M | $199.2M | ||
| Q3 25 | $477.0M | $197.7M | ||
| Q2 25 | $463.0M | $191.3M | ||
| Q1 25 | $479.0M | $180.1M | ||
| Q4 24 | $405.0M | $197.6M | ||
| Q3 24 | $521.0M | $199.6M | ||
| Q2 24 | $544.0M | $189.5M | ||
| Q1 24 | $575.0M | $181.2M |
净利润ASHESBA
| Q4 25 | $-12.0M | $32.2M | ||
| Q3 25 | $31.0M | $13.6M | ||
| Q2 25 | $-742.0M | $11.4M | ||
| Q1 25 | $31.0M | $15.8M | ||
| Q4 24 | $-165.0M | $18.8M | ||
| Q3 24 | $17.0M | $22.8M | ||
| Q2 24 | $6.0M | $28.6M | ||
| Q1 24 | $120.0M | $10.2M |
毛利率ASHESBA
| 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ASHESBA
| Q4 25 | -1.6% | 17.8% | ||
| Q3 25 | 12.8% | 19.9% | ||
| Q2 25 | -152.9% | 18.4% | ||
| Q1 25 | 10.6% | 14.3% | ||
| Q4 24 | -44.2% | 21.7% | ||
| Q3 24 | 6.1% | 22.7% | ||
| Q2 24 | -11.2% | 20.8% | ||
| Q1 24 | 3.7% | 17.1% |
净利率ASHESBA
| Q4 25 | -3.1% | 16.1% | ||
| Q3 25 | 6.5% | 6.9% | ||
| Q2 25 | -160.3% | 6.0% | ||
| Q1 25 | 6.5% | 8.8% | ||
| Q4 24 | -40.7% | 9.5% | ||
| Q3 24 | 3.3% | 11.4% | ||
| Q2 24 | 1.1% | 15.1% | ||
| Q1 24 | 20.9% | 5.6% |
每股收益（稀释后）ASHESBA
| Q4 25 | $-0.26 | $0.11 | ||
| Q3 25 | $0.83 | $0.05 | ||
| Q2 25 | $-16.21 | $0.04 | ||
| Q1 25 | $0.65 | $0.05 | ||
| Q4 24 | $-3.50 | $0.07 | ||
| Q3 24 | $0.34 | $0.08 | ||
| Q2 24 | $0.12 | $0.10 | ||
| Q1 24 | $2.39 | $0.03 |
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 | $132.7M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $1.9B | — |
| 总资产 | $4.5B | $4.5B |
| 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ASHESBA
| Q4 25 | $304.0M | $132.7M | ||
| Q3 25 | $215.0M | $154.1M | ||
| Q2 25 | $207.0M | $94.6M | ||
| Q1 25 | $168.0M | $187.8M | ||
| Q4 24 | $219.0M | $385.5M | ||
| Q3 24 | $300.0M | $421.9M | ||
| Q2 24 | $399.0M | $535.5M | ||
| Q1 24 | $439.0M | $333.6M |
总债务ASHESBA
| 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ASHESBA
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $3.1B | — |
总资产ASHESBA
| Q4 25 | $4.5B | $4.5B | ||
| Q3 25 | $4.6B | $4.1B | ||
| Q2 25 | $4.6B | $4.1B | ||
| Q1 25 | $5.2B | $4.1B | ||
| Q4 24 | $5.2B | $4.5B | ||
| Q3 24 | $5.6B | $4.4B | ||
| Q2 24 | $5.7B | $4.4B | ||
| Q1 24 | $5.9B | $4.2B |
负债/权益比ASHESBA
| 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 | $249.1M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $50.6M |
| 自由现金流率自由现金流/营收 | 28.8% | 25.4% |
| 资本支出强度资本支出/营收 | 3.6% | 99.6% |
| 现金转化率经营现金流/净利润 | — | 7.74× |
| 过去12个月自由现金流最近4个季度 | $200.0M | $109.3M |
8季度趋势，按日历期对齐
经营现金流ASHESBA
| Q4 25 | $125.0M | $249.1M | ||
| Q3 25 | $40.0M | $105.3M | ||
| Q2 25 | $115.0M | $26.7M | ||
| Q1 25 | $9.0M | $83.1M | ||
| Q4 24 | $-30.0M | $260.9M | ||
| Q3 24 | $80.0M | $102.8M | ||
| Q2 24 | $127.0M | $37.1M | ||
| Q1 24 | $54.0M | $70.9M |
自由现金流ASHESBA
| Q4 25 | $111.0M | $50.6M | ||
| Q3 25 | $6.0M | $72.8M | ||
| Q2 25 | $95.0M | $-55.1M | ||
| Q1 25 | $-12.0M | $41.1M | ||
| Q4 24 | $-53.0M | $88.0M | ||
| Q3 24 | $42.0M | $-65.1M | ||
| Q2 24 | $98.0M | $19.5M | ||
| Q1 24 | $20.0M | $23.2M |
自由现金流率ASHESBA
| Q4 25 | 28.8% | 25.4% | ||
| Q3 25 | 1.3% | 36.8% | ||
| Q2 25 | 20.5% | -28.8% | ||
| Q1 25 | -2.5% | 22.8% | ||
| Q4 24 | -13.1% | 44.5% | ||
| Q3 24 | 8.1% | -32.6% | ||
| Q2 24 | 18.0% | 10.3% | ||
| Q1 24 | 3.5% | 12.8% |
资本支出强度ASHESBA
| Q4 25 | 3.6% | 99.6% | ||
| Q3 25 | 7.1% | 16.5% | ||
| Q2 25 | 4.3% | 42.8% | ||
| Q1 25 | 4.4% | 23.4% | ||
| Q4 24 | 5.7% | 87.5% | ||
| Q3 24 | 7.3% | 84.1% | ||
| Q2 24 | 5.3% | 9.3% | ||
| Q1 24 | 5.9% | 26.3% |
现金转化率ASHESBA
| Q4 25 | — | 7.74× | ||
| Q3 25 | 1.29× | 7.72× | ||
| Q2 25 | — | 2.35× | ||
| Q1 25 | 0.29× | 5.27× | ||
| Q4 24 | — | 13.88× | ||
| Q3 24 | 4.71× | 4.51× | ||
| Q2 24 | 21.17× | 1.30× | ||
| Q1 24 | 0.45× | 6.94× |
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% |
ESBA
| Real Estate Segment | $163.8M | 82% |
| Observatory Segment | $35.2M | 18% |
