vs
亚什兰（ASH）与EZCORP INC（EZPW）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EZCORP INC的1.0倍（$386.0M vs $382.0M），EZCORP INC净利率更高（11.6% vs -3.1%，领先14.7%），EZCORP INC同比增速更快（19.3% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $31.7M），过去两年EZCORP INC的营收复合增速更高（15.6% 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。
EZCORP是总部位于美国得克萨斯州奥斯汀的典当行运营商，业务覆盖美国及拉丁美洲地区，是美国第二大典当行运营商，仅次于Cash America International，目前在纳斯达克挂牌上市。
ASH vs EZPW — 直观对比
营收规模更大
ASH
是对方的1.0倍
$382.0M
营收增速更快
EZPW
高出24.0%
-4.7%
净利率更高
EZPW
高出14.7%
-3.1%
自由现金流更多
ASH
多$79.3M
$31.7M
两年增速更快
EZPW
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $382.0M |
| 净利润 | $-12.0M | $44.3M |
| 毛利率 | 27.2% | 58.4% |
| 营业利润率 | -1.6% | 15.9% |
| 净利率 | -3.1% | 11.6% |
| 营收同比 | -4.7% | 19.3% |
| 净利润同比 | 92.7% | 42.8% |
| 每股收益（稀释后） | $-0.26 | $0.55 |
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ASHEZPW
| Q4 25 | $386.0M | $382.0M | ||
| Q3 25 | $477.0M | $336.8M | ||
| Q2 25 | $463.0M | $311.0M | ||
| Q1 25 | $479.0M | $306.3M | ||
| Q4 24 | $405.0M | $320.2M | ||
| Q3 24 | $521.0M | $294.6M | ||
| Q2 24 | $544.0M | $281.4M | ||
| Q1 24 | $575.0M | $285.6M |
净利润ASHEZPW
| Q4 25 | $-12.0M | $44.3M | ||
| Q3 25 | $31.0M | $26.7M | ||
| Q2 25 | $-742.0M | $26.5M | ||
| Q1 25 | $31.0M | $25.4M | ||
| Q4 24 | $-165.0M | $31.0M | ||
| Q3 24 | $17.0M | $15.2M | ||
| Q2 24 | $6.0M | $17.9M | ||
| Q1 24 | $120.0M | $21.5M |
毛利率ASHEZPW
| Q4 25 | 27.2% | 58.4% | ||
| Q3 25 | 33.3% | 59.0% | ||
| Q2 25 | 28.5% | 59.1% | ||
| Q1 25 | 30.7% | 58.3% | ||
| Q4 24 | 27.4% | 57.9% | ||
| Q3 24 | 33.2% | 59.5% | ||
| Q2 24 | 34.2% | 59.2% | ||
| Q1 24 | 28.0% | 58.7% |
营业利润率ASHEZPW
| Q4 25 | -1.6% | 15.9% | ||
| Q3 25 | 12.8% | 11.0% | ||
| Q2 25 | -152.9% | 11.6% | ||
| Q1 25 | 10.6% | 11.2% | ||
| Q4 24 | -44.2% | 13.1% | ||
| Q3 24 | 6.1% | 8.8% | ||
| Q2 24 | -11.2% | 7.9% | ||
| Q1 24 | 3.7% | 9.6% |
净利率ASHEZPW
| Q4 25 | -3.1% | 11.6% | ||
| Q3 25 | 6.5% | 7.9% | ||
| Q2 25 | -160.3% | 8.5% | ||
| Q1 25 | 6.5% | 8.3% | ||
| Q4 24 | -40.7% | 9.7% | ||
| Q3 24 | 3.3% | 5.2% | ||
| Q2 24 | 1.1% | 6.4% | ||
| Q1 24 | 20.9% | 7.5% |
每股收益（稀释后）ASHEZPW
| Q4 25 | $-0.26 | $0.55 | ||
| Q3 25 | $0.83 | $0.35 | ||
| Q2 25 | $-16.21 | $0.34 | ||
| Q1 25 | $0.65 | $0.33 | ||
| Q4 24 | $-3.50 | $0.40 | ||
| Q3 24 | $0.34 | $0.20 | ||
| Q2 24 | $0.12 | $0.25 | ||
| 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 | $465.9M |
| 总债务越低越好 | $1.4B | $518.6M |
| 股东权益账面价值 | $1.9B | $1.1B |
| 总资产 | $4.5B | $2.0B |
| 负债/权益比越低杠杆越低 | 0.74× | 0.48× |
8季度趋势，按日历期对齐
现金及短期投资ASHEZPW
| Q4 25 | $304.0M | $465.9M | ||
| Q3 25 | $215.0M | $469.5M | ||
| Q2 25 | $207.0M | $472.1M | ||
| Q1 25 | $168.0M | $505.2M | ||
| Q4 24 | $219.0M | $174.5M | ||
| Q3 24 | $300.0M | $170.5M | ||
| Q2 24 | $399.0M | $218.0M | ||
| Q1 24 | $439.0M | $229.1M |
总债务ASHEZPW
| Q4 25 | $1.4B | $518.6M | ||
| Q3 25 | $1.4B | $518.1M | ||
| Q2 25 | $1.4B | $517.6M | ||
| Q1 25 | $1.3B | $620.5M | ||
| Q4 24 | $1.3B | $327.7M | ||
| Q3 24 | $1.3B | $327.3M | ||
| Q2 24 | $1.3B | $361.3M | ||
| Q1 24 | $1.3B | $360.9M |
股东权益ASHEZPW
| Q4 25 | $1.9B | $1.1B | ||
| Q3 25 | $1.9B | $1.0B | ||
| Q2 25 | $1.9B | $990.1M | ||
| Q1 25 | $2.6B | $851.6M | ||
| Q4 24 | $2.6B | $823.9M | ||
| Q3 24 | $2.9B | $804.6M | ||
| Q2 24 | $3.0B | $801.5M | ||
| Q1 24 | $3.1B | $800.4M |
总资产ASHEZPW
| Q4 25 | $4.5B | $2.0B | ||
| Q3 25 | $4.6B | $2.0B | ||
| Q2 25 | $4.6B | $1.9B | ||
| Q1 25 | $5.2B | $1.8B | ||
| Q4 24 | $5.2B | $1.5B | ||
| Q3 24 | $5.6B | $1.5B | ||
| Q2 24 | $5.7B | $1.5B | ||
| Q1 24 | $5.9B | $1.5B |
负债/权益比ASHEZPW
| Q4 25 | 0.74× | 0.48× | ||
| Q3 25 | 0.73× | 0.51× | ||
| Q2 25 | 0.73× | 0.52× | ||
| Q1 25 | 0.52× | 0.73× | ||
| Q4 24 | 0.51× | 0.40× | ||
| Q3 24 | 0.47× | 0.41× | ||
| Q2 24 | 0.45× | 0.45× | ||
| Q1 24 | 0.42× | 0.45× |
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 | $39.1M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $31.7M |
| 自由现金流率自由现金流/营收 | 28.8% | 8.3% |
| 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 | — | 0.88× |
| 过去12个月自由现金流最近4个季度 | $200.0M | $121.7M |
8季度趋势，按日历期对齐
经营现金流ASHEZPW
| Q4 25 | $125.0M | $39.1M | ||
| Q3 25 | $40.0M | $51.3M | ||
| Q2 25 | $115.0M | $34.8M | ||
| Q1 25 | $9.0M | $36.9M | ||
| Q4 24 | $-30.0M | $26.0M | ||
| Q3 24 | $80.0M | $43.3M | ||
| Q2 24 | $127.0M | $33.7M | ||
| Q1 24 | $54.0M | $15.1M |
自由现金流ASHEZPW
| Q4 25 | $111.0M | $31.7M | ||
| Q3 25 | $6.0M | $35.7M | ||
| Q2 25 | $95.0M | $25.7M | ||
| Q1 25 | $-12.0M | $28.6M | ||
| Q4 24 | $-53.0M | $20.4M | ||
| Q3 24 | $42.0M | $24.4M | ||
| Q2 24 | $98.0M | $30.5M | ||
| Q1 24 | $20.0M | $8.6M |
自由现金流率ASHEZPW
| Q4 25 | 28.8% | 8.3% | ||
| Q3 25 | 1.3% | 10.6% | ||
| Q2 25 | 20.5% | 8.3% | ||
| Q1 25 | -2.5% | 9.3% | ||
| Q4 24 | -13.1% | 6.4% | ||
| Q3 24 | 8.1% | 8.3% | ||
| Q2 24 | 18.0% | 10.8% | ||
| Q1 24 | 3.5% | 3.0% |
资本支出强度ASHEZPW
| Q4 25 | 3.6% | 2.0% | ||
| Q3 25 | 7.1% | 4.6% | ||
| Q2 25 | 4.3% | 2.9% | ||
| Q1 25 | 4.4% | 2.7% | ||
| Q4 24 | 5.7% | 1.8% | ||
| Q3 24 | 7.3% | 6.4% | ||
| Q2 24 | 5.3% | 1.1% | ||
| Q1 24 | 5.9% | 2.3% |
现金转化率ASHEZPW
| Q4 25 | — | 0.88× | ||
| Q3 25 | 1.29× | 1.92× | ||
| Q2 25 | — | 1.31× | ||
| Q1 25 | 0.29× | 1.45× | ||
| Q4 24 | — | 0.84× | ||
| Q3 24 | 4.71× | 2.85× | ||
| Q2 24 | 21.17× | 1.88× | ||
| Q1 24 | 0.45× | 0.70× |
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% |
EZPW
| Merchandise | $210.1M | 55% |
| Pawn Service | $131.9M | 35% |
| Jewelry Scrap | $39.9M | 10% |
