vs
亚什兰（ASH）与ExlService Holdings, Inc.（EXLS）财务数据对比。点击上方公司名可切换其他公司
ExlService Holdings, Inc.的季度营收约是亚什兰的1.4倍（$542.6M vs $386.0M），ExlService Holdings, Inc.净利率更高（11.1% vs -3.1%，领先14.2%），ExlService Holdings, Inc.同比增速更快（12.7% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $106.5M），过去两年ExlService Holdings, Inc.的营收复合增速更高（11.5% 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。
ExlService Holdings Inc.是全球知名的分析与数字解决方案服务商，服务覆盖保险、医疗健康、银行金融服务、媒体、零售等多个行业，总部位于纽约，在美国、欧洲、亚洲、拉美、澳大利亚、南非等地拥有超过5.4万名专业从业人员。
ASH vs EXLS — 直观对比
营收规模更大
EXLS
是对方的1.4倍
$386.0M
营收增速更快
EXLS
高出17.4%
-4.7%
净利率更高
EXLS
高出14.2%
-3.1%
自由现金流更多
ASH
多$4.5M
$106.5M
两年增速更快
EXLS
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $542.6M |
| 净利润 | $-12.0M | $60.2M |
| 毛利率 | 27.2% | 38.6% |
| 营业利润率 | -1.6% | 14.4% |
| 净利率 | -3.1% | 11.1% |
| 营收同比 | -4.7% | 12.7% |
| 净利润同比 | 92.7% | 18.9% |
| 每股收益（稀释后） | $-0.26 | $0.38 |
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ASHEXLS
| Q4 25 | $386.0M | $542.6M | ||
| Q3 25 | $477.0M | $529.6M | ||
| Q2 25 | $463.0M | $514.5M | ||
| Q1 25 | $479.0M | $501.0M | ||
| Q4 24 | $405.0M | $481.4M | ||
| Q3 24 | $521.0M | $472.1M | ||
| Q2 24 | $544.0M | $448.4M | ||
| Q1 24 | $575.0M | $436.5M |
净利润ASHEXLS
| Q4 25 | $-12.0M | $60.2M | ||
| Q3 25 | $31.0M | $58.2M | ||
| Q2 25 | $-742.0M | $66.1M | ||
| Q1 25 | $31.0M | $66.6M | ||
| Q4 24 | $-165.0M | $50.7M | ||
| Q3 24 | $17.0M | $53.0M | ||
| Q2 24 | $6.0M | $45.8M | ||
| Q1 24 | $120.0M | $48.8M |
毛利率ASHEXLS
| Q4 25 | 27.2% | 38.6% | ||
| Q3 25 | 33.3% | 38.5% | ||
| Q2 25 | 28.5% | 37.7% | ||
| Q1 25 | 30.7% | 38.6% | ||
| Q4 24 | 27.4% | 38.1% | ||
| Q3 24 | 33.2% | 37.8% | ||
| Q2 24 | 34.2% | 37.1% | ||
| Q1 24 | 28.0% | 37.4% |
营业利润率ASHEXLS
| Q4 25 | -1.6% | 14.4% | ||
| Q3 25 | 12.8% | 14.4% | ||
| Q2 25 | -152.9% | 15.8% | ||
| Q1 25 | 10.6% | 15.7% | ||
| Q4 24 | -44.2% | 14.8% | ||
| Q3 24 | 6.1% | 14.7% | ||
| Q2 24 | -11.2% | 13.7% | ||
| Q1 24 | 3.7% | 14.1% |
净利率ASHEXLS
| Q4 25 | -3.1% | 11.1% | ||
| Q3 25 | 6.5% | 11.0% | ||
| Q2 25 | -160.3% | 12.8% | ||
| Q1 25 | 6.5% | 13.3% | ||
| Q4 24 | -40.7% | 10.5% | ||
| Q3 24 | 3.3% | 11.2% | ||
| Q2 24 | 1.1% | 10.2% | ||
| Q1 24 | 20.9% | 11.2% |
每股收益（稀释后）ASHEXLS
| Q4 25 | $-0.26 | $0.38 | ||
| Q3 25 | $0.83 | $0.36 | ||
| Q2 25 | $-16.21 | $0.40 | ||
| Q1 25 | $0.65 | $0.40 | ||
| Q4 24 | $-3.50 | $0.31 | ||
| Q3 24 | $0.34 | $0.33 | ||
| Q2 24 | $0.12 | $0.28 | ||
| Q1 24 | $2.39 | $0.29 |
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 | $328.4M |
| 总债务越低越好 | $1.4B | $298.6M |
| 股东权益账面价值 | $1.9B | $912.7M |
| 总资产 | $4.5B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.74× | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资ASHEXLS
| Q4 25 | $304.0M | $328.4M | ||
| Q3 25 | $215.0M | $390.1M | ||
| Q2 25 | $207.0M | $353.3M | ||
| Q1 25 | $168.0M | $331.4M | ||
| Q4 24 | $219.0M | $340.6M | ||
| Q3 24 | $300.0M | $325.8M | ||
| Q2 24 | $399.0M | $276.1M | ||
| Q1 24 | $439.0M | $246.2M |
总债务ASHEXLS
| Q4 25 | $1.4B | $298.6M | ||
| Q3 25 | $1.4B | $354.8M | ||
| Q2 25 | $1.4B | $260.0M | ||
| Q1 25 | $1.3B | $307.3M | ||
| Q4 24 | $1.3B | $288.5M | ||
| Q3 24 | $1.3B | $344.7M | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
股东权益ASHEXLS
| Q4 25 | $1.9B | $912.7M | ||
| Q3 25 | $1.9B | $952.4M | ||
| Q2 25 | $1.9B | $1.1B | ||
| Q1 25 | $2.6B | $1.0B | ||
| Q4 24 | $2.6B | $929.9M | ||
| Q3 24 | $2.9B | $907.6M | ||
| Q2 24 | $3.0B | $852.6M | ||
| Q1 24 | $3.1B | $803.3M |
总资产ASHEXLS
| Q4 25 | $4.5B | $1.7B | ||
| Q3 25 | $4.6B | $1.7B | ||
| Q2 25 | $4.6B | $1.7B | ||
| Q1 25 | $5.2B | $1.7B | ||
| Q4 24 | $5.2B | $1.6B | ||
| Q3 24 | $5.6B | $1.6B | ||
| Q2 24 | $5.7B | $1.5B | ||
| Q1 24 | $5.9B | $1.4B |
负债/权益比ASHEXLS
| Q4 25 | 0.74× | 0.33× | ||
| Q3 25 | 0.73× | 0.37× | ||
| Q2 25 | 0.73× | 0.25× | ||
| Q1 25 | 0.52× | 0.30× | ||
| Q4 24 | 0.51× | 0.31× | ||
| Q3 24 | 0.47× | 0.38× | ||
| 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 | $117.4M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $106.5M |
| 自由现金流率自由现金流/营收 | 28.8% | 19.6% |
| 资本支出强度资本支出/营收 | 3.6% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 1.95× |
| 过去12个月自由现金流最近4个季度 | $200.0M | $298.1M |
8季度趋势，按日历期对齐
经营现金流ASHEXLS
| Q4 25 | $125.0M | $117.4M | ||
| Q3 25 | $40.0M | $120.7M | ||
| Q2 25 | $115.0M | $109.4M | ||
| Q1 25 | $9.0M | $3.2M | ||
| Q4 24 | $-30.0M | $105.3M | ||
| Q3 24 | $80.0M | $110.1M | ||
| Q2 24 | $127.0M | $74.9M | ||
| Q1 24 | $54.0M | $-21.9M |
自由现金流ASHEXLS
| Q4 25 | $111.0M | $106.5M | ||
| Q3 25 | $6.0M | $106.4M | ||
| Q2 25 | $95.0M | $95.0M | ||
| Q1 25 | $-12.0M | $-9.7M | ||
| Q4 24 | $-53.0M | $95.3M | ||
| Q3 24 | $42.0M | $97.3M | ||
| Q2 24 | $98.0M | $62.8M | ||
| Q1 24 | $20.0M | $-33.1M |
自由现金流率ASHEXLS
| Q4 25 | 28.8% | 19.6% | ||
| Q3 25 | 1.3% | 20.1% | ||
| Q2 25 | 20.5% | 18.5% | ||
| Q1 25 | -2.5% | -1.9% | ||
| Q4 24 | -13.1% | 19.8% | ||
| Q3 24 | 8.1% | 20.6% | ||
| Q2 24 | 18.0% | 14.0% | ||
| Q1 24 | 3.5% | -7.6% |
资本支出强度ASHEXLS
| Q4 25 | 3.6% | 2.0% | ||
| Q3 25 | 7.1% | 2.7% | ||
| Q2 25 | 4.3% | 2.8% | ||
| Q1 25 | 4.4% | 2.6% | ||
| Q4 24 | 5.7% | 2.1% | ||
| Q3 24 | 7.3% | 2.7% | ||
| Q2 24 | 5.3% | 2.7% | ||
| Q1 24 | 5.9% | 2.6% |
现金转化率ASHEXLS
| Q4 25 | — | 1.95× | ||
| Q3 25 | 1.29× | 2.08× | ||
| Q2 25 | — | 1.66× | ||
| Q1 25 | 0.29× | 0.05× | ||
| Q4 24 | — | 2.08× | ||
| Q3 24 | 4.71× | 2.08× | ||
| Q2 24 | 21.17× | 1.63× | ||
| Q1 24 | 0.45× | -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% |
EXLS
| Insurance | $185.8M | 34% |
| Healthcare And Life Sciences | $142.2M | 26% |
| Banking Capital Markets And Diversified Industries | $122.6M | 23% |
| International Growth Markets | $92.0M | 17% |
