vs
亚什兰（ASH）与FORMFACTOR INC（FORM）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FORMFACTOR INC的1.7倍（$386.0M vs $226.1M），FORMFACTOR INC净利率更高（9.0% vs -3.1%，领先12.1%），FORMFACTOR INC同比增速更快（32.0% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $30.7M），过去两年FORMFACTOR INC的营收复合增速更高（7.0% 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。
FormFactor Inc.总部位于美国加利福尼亚州利弗莫尔，是集成电路测试测量技术领域的知名供应商，面向半导体行业客户提供各类专业产品，助力客户优化器件性能，提升芯片研发与生产环节的测试效率。
ASH vs FORM — 直观对比
营收规模更大
ASH
是对方的1.7倍
$226.1M
营收增速更快
FORM
高出36.7%
-4.7%
净利率更高
FORM
高出12.1%
-3.1%
自由现金流更多
ASH
多$80.3M
$30.7M
两年增速更快
FORM
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $226.1M |
| 净利润 | $-12.0M | $20.4M |
| 毛利率 | 27.2% | 38.4% |
| 营业利润率 | -1.6% | 7.4% |
| 净利率 | -3.1% | 9.0% |
| 营收同比 | -4.7% | 32.0% |
| 净利润同比 | 92.7% | 218.5% |
| 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ASHFORM
| Q1 26 | — | $226.1M | ||
| Q4 25 | $386.0M | $215.2M | ||
| Q3 25 | $477.0M | $202.7M | ||
| Q2 25 | $463.0M | $195.8M | ||
| Q1 25 | $479.0M | $171.4M | ||
| Q4 24 | $405.0M | $189.5M | ||
| Q3 24 | $521.0M | $207.9M | ||
| Q2 24 | $544.0M | $197.5M |
净利润ASHFORM
| Q1 26 | — | $20.4M | ||
| Q4 25 | $-12.0M | $23.2M | ||
| Q3 25 | $31.0M | $15.7M | ||
| Q2 25 | $-742.0M | $9.1M | ||
| Q1 25 | $31.0M | $6.4M | ||
| Q4 24 | $-165.0M | $9.7M | ||
| Q3 24 | $17.0M | $18.7M | ||
| Q2 24 | $6.0M | $19.4M |
毛利率ASHFORM
| Q1 26 | — | 38.4% | ||
| Q4 25 | 27.2% | 42.2% | ||
| Q3 25 | 33.3% | 39.8% | ||
| Q2 25 | 28.5% | 37.3% | ||
| Q1 25 | 30.7% | 37.7% | ||
| Q4 24 | 27.4% | 38.8% | ||
| Q3 24 | 33.2% | 40.7% | ||
| Q2 24 | 34.2% | 44.0% |
营业利润率ASHFORM
| Q1 26 | — | 7.4% | ||
| Q4 25 | -1.6% | 10.9% | ||
| Q3 25 | 12.8% | 8.9% | ||
| Q2 25 | -152.9% | 6.3% | ||
| Q1 25 | 10.6% | 1.9% | ||
| Q4 24 | -44.2% | 4.1% | ||
| Q3 24 | 6.1% | 8.6% | ||
| Q2 24 | -11.2% | 9.0% |
净利率ASHFORM
| Q1 26 | — | 9.0% | ||
| Q4 25 | -3.1% | 10.8% | ||
| Q3 25 | 6.5% | 7.7% | ||
| Q2 25 | -160.3% | 4.6% | ||
| Q1 25 | 6.5% | 3.7% | ||
| Q4 24 | -40.7% | 5.1% | ||
| Q3 24 | 3.3% | 9.0% | ||
| Q2 24 | 1.1% | 9.8% |
每股收益（稀释后）ASHFORM
| Q1 26 | — | $0.26 | ||
| Q4 25 | $-0.26 | $0.29 | ||
| Q3 25 | $0.83 | $0.20 | ||
| Q2 25 | $-16.21 | $0.12 | ||
| Q1 25 | $0.65 | $0.08 | ||
| Q4 24 | $-3.50 | $0.12 | ||
| Q3 24 | $0.34 | $0.24 | ||
| Q2 24 | $0.12 | $0.25 |
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 | $123.5M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $1.9B | $1.1B |
| 总资产 | $4.5B | $1.3B |
| 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ASHFORM
| Q1 26 | — | $123.5M | ||
| Q4 25 | $304.0M | $103.3M | ||
| Q3 25 | $215.0M | $266.0M | ||
| Q2 25 | $207.0M | $249.3M | ||
| Q1 25 | $168.0M | $299.0M | ||
| Q4 24 | $219.0M | $360.0M | ||
| Q3 24 | $300.0M | $354.5M | ||
| Q2 24 | $399.0M | $357.6M |
总债务ASHFORM
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $12.2M | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | $13.3M | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — |
股东权益ASHFORM
| Q1 26 | — | $1.1B | ||
| Q4 25 | $1.9B | $1.0B | ||
| Q3 25 | $1.9B | $1.0B | ||
| Q2 25 | $1.9B | $990.0M | ||
| Q1 25 | $2.6B | $965.9M | ||
| Q4 24 | $2.6B | $947.8M | ||
| Q3 24 | $2.9B | $955.0M | ||
| Q2 24 | $3.0B | $947.9M |
总资产ASHFORM
| Q1 26 | — | $1.3B | ||
| Q4 25 | $4.5B | $1.2B | ||
| Q3 25 | $4.6B | $1.2B | ||
| Q2 25 | $4.6B | $1.2B | ||
| Q1 25 | $5.2B | $1.2B | ||
| Q4 24 | $5.2B | $1.1B | ||
| Q3 24 | $5.6B | $1.2B | ||
| Q2 24 | $5.7B | $1.2B |
负债/权益比ASHFORM
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | 0.01× | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | 0.51× | 0.01× | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 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 | $45.0M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $30.7M |
| 自由现金流率自由现金流/营收 | 28.8% | 13.6% |
| 资本支出强度资本支出/营收 | 3.6% | 6.7% |
| 现金转化率经营现金流/净利润 | — | 2.21× |
| 过去12个月自由现金流最近4个季度 | $200.0M | $37.5M |
8季度趋势，按日历期对齐
经营现金流ASHFORM
| Q1 26 | — | $45.0M | ||
| Q4 25 | $125.0M | $46.0M | ||
| Q3 25 | $40.0M | $27.0M | ||
| Q2 25 | $115.0M | $18.9M | ||
| Q1 25 | $9.0M | $23.5M | ||
| Q4 24 | $-30.0M | $35.9M | ||
| Q3 24 | $80.0M | $26.7M | ||
| Q2 24 | $127.0M | $21.9M |
自由现金流ASHFORM
| Q1 26 | — | $30.7M | ||
| Q4 25 | $111.0M | $34.7M | ||
| Q3 25 | $6.0M | $19.5M | ||
| Q2 25 | $95.0M | $-47.4M | ||
| Q1 25 | $-12.0M | $5.0M | ||
| Q4 24 | $-53.0M | $28.3M | ||
| Q3 24 | $42.0M | $17.8M | ||
| Q2 24 | $98.0M | $13.5M |
自由现金流率ASHFORM
| Q1 26 | — | 13.6% | ||
| Q4 25 | 28.8% | 16.1% | ||
| Q3 25 | 1.3% | 9.6% | ||
| Q2 25 | 20.5% | -24.2% | ||
| Q1 25 | -2.5% | 2.9% | ||
| Q4 24 | -13.1% | 14.9% | ||
| Q3 24 | 8.1% | 8.6% | ||
| Q2 24 | 18.0% | 6.8% |
资本支出强度ASHFORM
| Q1 26 | — | 6.7% | ||
| Q4 25 | 3.6% | 5.3% | ||
| Q3 25 | 7.1% | 3.7% | ||
| Q2 25 | 4.3% | 33.8% | ||
| Q1 25 | 4.4% | 10.8% | ||
| Q4 24 | 5.7% | 4.0% | ||
| Q3 24 | 7.3% | 4.3% | ||
| Q2 24 | 5.3% | 4.3% |
现金转化率ASHFORM
| Q1 26 | — | 2.21× | ||
| Q4 25 | — | 1.98× | ||
| Q3 25 | 1.29× | 1.72× | ||
| Q2 25 | — | 2.08× | ||
| Q1 25 | 0.29× | 3.68× | ||
| Q4 24 | — | 3.70× | ||
| Q3 24 | 4.71× | 1.43× | ||
| Q2 24 | 21.17× | 1.13× |
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% |
FORM
暂无分部数据
