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亚什兰（ASH）与哈雷戴维森（HOG）财务数据对比。点击上方公司名可切换其他公司
哈雷戴维森的季度营收约是亚什兰的1.0倍（$390.5M vs $386.0M），亚什兰净利率更高（-3.1% vs -72.3%，领先69.2%），亚什兰同比增速更快（-4.7% vs -9.4%），亚什兰自由现金流更多（$111.0M vs $100.4M），过去两年亚什兰的营收复合增速更高（-18.1% vs -48.6%）
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。
哈雷戴维森是源自美国的摩托车制造商与生活方式品牌，总部位于威斯康星州密尔沃基，创立于1903年。它是大萧条时期幸存下来的两大美国摩托车厂商之一，历经多次股权变动、子公司调整、经营困境与全球竞争，如今已是全球知名的标志性品牌。
ASH vs HOG — 直观对比
营收规模更大
HOG
是对方的1.0倍
$386.0M
营收增速更快
ASH
高出4.7%
-9.4%
净利率更高
ASH
高出69.2%
-72.3%
自由现金流更多
ASH
多$10.6M
$100.4M
两年增速更快
ASH
近两年复合增速
-48.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $390.5M |
| 净利润 | $-12.0M | $-282.6M |
| 毛利率 | 27.2% | -7.9% |
| 营业利润率 | -1.6% | -92.4% |
| 净利率 | -3.1% | -72.3% |
| 营收同比 | -4.7% | -9.4% |
| 净利润同比 | 92.7% | -138.6% |
| 每股收益（稀释后） | $-0.26 | $-2.27 |
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ASHHOG
| Q4 25 | $386.0M | $390.5M | ||
| Q3 25 | $477.0M | $1.1B | ||
| Q2 25 | $463.0M | $1.0B | ||
| Q1 25 | $479.0M | $1.1B | ||
| Q4 24 | $405.0M | $430.9M | ||
| Q3 24 | $521.0M | $881.2M | ||
| Q2 24 | $544.0M | $1.4B | ||
| Q1 24 | $575.0M | $1.5B |
净利润ASHHOG
| Q4 25 | $-12.0M | $-282.6M | ||
| Q3 25 | $31.0M | $377.4M | ||
| Q2 25 | $-742.0M | $107.6M | ||
| Q1 25 | $31.0M | $133.1M | ||
| Q4 24 | $-165.0M | $-118.4M | ||
| Q3 24 | $17.0M | $119.0M | ||
| Q2 24 | $6.0M | $218.3M | ||
| Q1 24 | $120.0M | $234.9M |
毛利率ASHHOG
| Q4 25 | 27.2% | -7.9% | ||
| Q3 25 | 33.3% | 26.0% | ||
| Q2 25 | 28.5% | 28.5% | ||
| Q1 25 | 30.7% | 28.9% | ||
| Q4 24 | 27.4% | -2.0% | ||
| Q3 24 | 33.2% | 29.8% | ||
| Q2 24 | 34.2% | 31.8% | ||
| Q1 24 | 28.0% | 30.9% |
营业利润率ASHHOG
| Q4 25 | -1.6% | -92.4% | ||
| Q3 25 | 12.8% | 44.0% | ||
| Q2 25 | -152.9% | 10.7% | ||
| Q1 25 | 10.6% | 14.8% | ||
| Q4 24 | -44.2% | -44.9% | ||
| Q3 24 | 6.1% | 12.0% | ||
| Q2 24 | -11.2% | 17.8% | ||
| Q1 24 | 3.7% | 17.8% |
净利率ASHHOG
| Q4 25 | -3.1% | -72.3% | ||
| Q3 25 | 6.5% | 35.0% | ||
| Q2 25 | -160.3% | 10.2% | ||
| Q1 25 | 6.5% | 12.3% | ||
| Q4 24 | -40.7% | -27.5% | ||
| Q3 24 | 3.3% | 13.5% | ||
| Q2 24 | 1.1% | 16.1% | ||
| Q1 24 | 20.9% | 15.9% |
每股收益（稀释后）ASHHOG
| Q4 25 | $-0.26 | $-2.27 | ||
| Q3 25 | $0.83 | $3.10 | ||
| Q2 25 | $-16.21 | $0.88 | ||
| Q1 25 | $0.65 | $1.07 | ||
| Q4 24 | $-3.50 | $-0.82 | ||
| Q3 24 | $0.34 | $0.91 | ||
| Q2 24 | $0.12 | $1.63 | ||
| Q1 24 | $2.39 | $1.72 |
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 | $3.1B |
| 总债务越低越好 | $1.4B | $2.5B |
| 股东权益账面价值 | $1.9B | $3.1B |
| 总资产 | $4.5B | $8.0B |
| 负债/权益比越低杠杆越低 | 0.74× | 0.79× |
8季度趋势，按日历期对齐
现金及短期投资ASHHOG
| Q4 25 | $304.0M | $3.1B | ||
| Q3 25 | $215.0M | $1.8B | ||
| Q2 25 | $207.0M | $1.6B | ||
| Q1 25 | $168.0M | $1.9B | ||
| Q4 24 | $219.0M | $1.6B | ||
| Q3 24 | $300.0M | $2.2B | ||
| Q2 24 | $399.0M | $1.8B | ||
| Q1 24 | $439.0M | $1.5B |
总债务ASHHOG
| Q4 25 | $1.4B | $2.5B | ||
| Q3 25 | $1.4B | $4.5B | ||
| Q2 25 | $1.4B | $6.4B | ||
| Q1 25 | $1.3B | $6.8B | ||
| Q4 24 | $1.3B | $6.3B | ||
| Q3 24 | $1.3B | $7.3B | ||
| Q2 24 | $1.3B | $7.0B | ||
| Q1 24 | $1.3B | $6.3B |
股东权益ASHHOG
| Q4 25 | $1.9B | $3.1B | ||
| Q3 25 | $1.9B | $3.6B | ||
| Q2 25 | $1.9B | $3.3B | ||
| Q1 25 | $2.6B | $3.2B | ||
| Q4 24 | $2.6B | $3.2B | ||
| Q3 24 | $2.9B | $3.4B | ||
| Q2 24 | $3.0B | $3.4B | ||
| Q1 24 | $3.1B | $3.3B |
总资产ASHHOG
| Q4 25 | $4.5B | $8.0B | ||
| Q3 25 | $4.6B | $10.6B | ||
| Q2 25 | $4.6B | $12.1B | ||
| Q1 25 | $5.2B | $12.4B | ||
| Q4 24 | $5.2B | $11.9B | ||
| Q3 24 | $5.6B | $13.0B | ||
| Q2 24 | $5.7B | $12.8B | ||
| Q1 24 | $5.9B | $12.3B |
负债/权益比ASHHOG
| Q4 25 | 0.74× | 0.79× | ||
| Q3 25 | 0.73× | 1.25× | ||
| Q2 25 | 0.73× | 1.91× | ||
| Q1 25 | 0.52× | 2.14× | ||
| Q4 24 | 0.51× | 2.00× | ||
| Q3 24 | 0.47× | 2.13× | ||
| Q2 24 | 0.45× | 2.03× | ||
| Q1 24 | 0.42× | 1.88× |
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 | $152.0M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $100.4M |
| 自由现金流率自由现金流/营收 | 28.8% | 25.7% |
| 资本支出强度资本支出/营收 | 3.6% | 13.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $200.0M | $415.2M |
8季度趋势，按日历期对齐
经营现金流ASHHOG
| Q4 25 | $125.0M | $152.0M | ||
| Q3 25 | $40.0M | $-92.6M | ||
| Q2 25 | $115.0M | $368.0M | ||
| Q1 25 | $9.0M | $141.5M | ||
| Q4 24 | $-30.0M | $133.2M | ||
| Q3 24 | $80.0M | $353.0M | ||
| Q2 24 | $127.0M | $473.6M | ||
| Q1 24 | $54.0M | $104.0M |
自由现金流ASHHOG
| Q4 25 | $111.0M | $100.4M | ||
| Q3 25 | $6.0M | $-129.1M | ||
| Q2 25 | $95.0M | $332.4M | ||
| Q1 25 | $-12.0M | $111.6M | ||
| Q4 24 | $-53.0M | $77.0M | ||
| Q3 24 | $42.0M | $300.4M | ||
| Q2 24 | $98.0M | $432.2M | ||
| Q1 24 | $20.0M | $57.6M |
自由现金流率ASHHOG
| Q4 25 | 28.8% | 25.7% | ||
| Q3 25 | 1.3% | -12.0% | ||
| Q2 25 | 20.5% | 31.7% | ||
| Q1 25 | -2.5% | 10.3% | ||
| Q4 24 | -13.1% | 17.9% | ||
| Q3 24 | 8.1% | 34.1% | ||
| Q2 24 | 18.0% | 31.9% | ||
| Q1 24 | 3.5% | 3.9% |
资本支出强度ASHHOG
| Q4 25 | 3.6% | 13.2% | ||
| Q3 25 | 7.1% | 3.4% | ||
| Q2 25 | 4.3% | 3.4% | ||
| Q1 25 | 4.4% | 2.8% | ||
| Q4 24 | 5.7% | 13.0% | ||
| Q3 24 | 7.3% | 6.0% | ||
| Q2 24 | 5.3% | 3.1% | ||
| Q1 24 | 5.9% | 3.1% |
现金转化率ASHHOG
| Q4 25 | — | — | ||
| Q3 25 | 1.29× | -0.25× | ||
| Q2 25 | — | 3.42× | ||
| Q1 25 | 0.29× | 1.06× | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.71× | 2.97× | ||
| Q2 24 | 21.17× | 2.17× | ||
| Q1 24 | 0.45× | 0.44× |
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% |
HOG
| Motorcycles | $193.9M | 50% |
| Other | $63.8M | 16% |
| Other Income Financial Services | $59.8M | 15% |
| Apparel | $47.2M | 12% |
| Livewire Segment | $11.4M | 3% |
