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亚什兰（ASH）与INTERPARFUMS INC（IPAR）财务数据对比。点击上方公司名可切换其他公司
INTERPARFUMS INC的季度营收约是亚什兰的1.0倍（$386.2M vs $386.0M），INTERPARFUMS INC净利率更高（7.3% vs -3.1%，领先10.4%），INTERPARFUMS INC同比增速更快（6.8% vs -4.7%），INTERPARFUMS INC自由现金流更多（$145.0M vs $111.0M），过去两年INTERPARFUMS INC的营收复合增速更高（9.2% 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。
Inter Parfums Inc是全球知名的高端香水企业，开发、生产并销售多款授权香水、身体护理及相关美妆产品，与多家顶级奢侈时尚生活方式品牌合作推出联名香氛系列，产品覆盖全球主要市场，通过百货、美妆专营店及官方电商渠道触达消费者。
ASH vs IPAR — 直观对比
营收规模更大
IPAR
是对方的1.0倍
$386.0M
营收增速更快
IPAR
高出11.5%
-4.7%
净利率更高
IPAR
高出10.4%
-3.1%
自由现金流更多
IPAR
多$34.0M
$111.0M
两年增速更快
IPAR
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $386.2M |
| 净利润 | $-12.0M | $28.1M |
| 毛利率 | 27.2% | 61.5% |
| 营业利润率 | -1.6% | 7.1% |
| 净利率 | -3.1% | 7.3% |
| 营收同比 | -4.7% | 6.8% |
| 净利润同比 | 92.7% | 16.0% |
| 每股收益（稀释后） | $-0.26 | $0.88 |
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ASHIPAR
| Q4 25 | $386.0M | $386.2M | ||
| Q3 25 | $477.0M | $429.6M | ||
| Q2 25 | $463.0M | $333.9M | ||
| Q1 25 | $479.0M | $338.8M | ||
| Q4 24 | $405.0M | $361.5M | ||
| Q3 24 | $521.0M | $424.6M | ||
| Q2 24 | $544.0M | $342.2M | ||
| Q1 24 | $575.0M | $324.0M |
净利润ASHIPAR
| Q4 25 | $-12.0M | $28.1M | ||
| Q3 25 | $31.0M | $65.8M | ||
| Q2 25 | $-742.0M | $32.0M | ||
| Q1 25 | $31.0M | $42.5M | ||
| Q4 24 | $-165.0M | $24.2M | ||
| Q3 24 | $17.0M | $62.3M | ||
| Q2 24 | $6.0M | $36.8M | ||
| Q1 24 | $120.0M | $41.0M |
毛利率ASHIPAR
| Q4 25 | 27.2% | 61.5% | ||
| Q3 25 | 33.3% | 63.5% | ||
| Q2 25 | 28.5% | 66.2% | ||
| Q1 25 | 30.7% | 63.7% | ||
| Q4 24 | 27.4% | 64.5% | ||
| Q3 24 | 33.2% | 63.9% | ||
| Q2 24 | 34.2% | 64.5% | ||
| Q1 24 | 28.0% | 62.5% |
营业利润率ASHIPAR
| Q4 25 | -1.6% | 7.1% | ||
| Q3 25 | 12.8% | 25.3% | ||
| Q2 25 | -152.9% | 17.7% | ||
| Q1 25 | 10.6% | 22.2% | ||
| Q4 24 | -44.2% | 10.0% | ||
| Q3 24 | 6.1% | 25.0% | ||
| Q2 24 | -11.2% | 18.9% | ||
| Q1 24 | 3.7% | 21.0% |
净利率ASHIPAR
| Q4 25 | -3.1% | 7.3% | ||
| Q3 25 | 6.5% | 15.3% | ||
| Q2 25 | -160.3% | 9.6% | ||
| Q1 25 | 6.5% | 12.5% | ||
| Q4 24 | -40.7% | 6.7% | ||
| Q3 24 | 3.3% | 14.7% | ||
| Q2 24 | 1.1% | 10.8% | ||
| Q1 24 | 20.9% | 12.7% |
每股收益（稀释后）ASHIPAR
| Q4 25 | $-0.26 | $0.88 | ||
| Q3 25 | $0.83 | $2.05 | ||
| Q2 25 | $-16.21 | $0.99 | ||
| Q1 25 | $0.65 | $1.32 | ||
| Q4 24 | $-3.50 | $0.78 | ||
| Q3 24 | $0.34 | $1.93 | ||
| Q2 24 | $0.12 | $1.14 | ||
| Q1 24 | $2.39 | $1.27 |
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 | $137.1M |
| 总债务越低越好 | $1.4B | $176.0M |
| 股东权益账面价值 | $1.9B | $880.7M |
| 总资产 | $4.5B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.74× | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资ASHIPAR
| Q4 25 | $304.0M | $137.1M | ||
| Q3 25 | $215.0M | $77.5M | ||
| Q2 25 | $207.0M | $53.9M | ||
| Q1 25 | $168.0M | $75.3M | ||
| Q4 24 | $219.0M | $109.3M | ||
| Q3 24 | $300.0M | $78.8M | ||
| Q2 24 | $399.0M | $37.7M | ||
| Q1 24 | $439.0M | $76.1M |
总债务ASHIPAR
| Q4 25 | $1.4B | $176.0M | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | $157.3M | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
股东权益ASHIPAR
| Q4 25 | $1.9B | $880.7M | ||
| Q3 25 | $1.9B | $870.9M | ||
| Q2 25 | $1.9B | $839.4M | ||
| Q1 25 | $2.6B | $788.6M | ||
| Q4 24 | $2.6B | $744.9M | ||
| Q3 24 | $2.9B | $778.5M | ||
| Q2 24 | $3.0B | $717.1M | ||
| Q1 24 | $3.1B | $708.1M |
总资产ASHIPAR
| Q4 25 | $4.5B | $1.6B | ||
| Q3 25 | $4.6B | $1.6B | ||
| Q2 25 | $4.6B | $1.6B | ||
| Q1 25 | $5.2B | $1.4B | ||
| Q4 24 | $5.2B | $1.4B | ||
| Q3 24 | $5.6B | $1.5B | ||
| Q2 24 | $5.7B | $1.4B | ||
| Q1 24 | $5.9B | $1.3B |
负债/权益比ASHIPAR
| Q4 25 | 0.74× | 0.20× | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | 0.51× | 0.21× | ||
| 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 | $146.5M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $145.0M |
| 自由现金流率自由现金流/营收 | 28.8% | 37.5% |
| 资本支出强度资本支出/营收 | 3.6% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 5.21× |
| 过去12个月自由现金流最近4个季度 | $200.0M | $190.5M |
8季度趋势，按日历期对齐
经营现金流ASHIPAR
| Q4 25 | $125.0M | $146.5M | ||
| Q3 25 | $40.0M | $63.9M | ||
| Q2 25 | $115.0M | $11.9M | ||
| Q1 25 | $9.0M | $-7.4M | ||
| Q4 24 | $-30.0M | $138.0M | ||
| Q3 24 | $80.0M | $76.1M | ||
| Q2 24 | $127.0M | $25.5M | ||
| Q1 24 | $54.0M | $-52.0M |
自由现金流ASHIPAR
| Q4 25 | $111.0M | $145.0M | ||
| Q3 25 | $6.0M | $57.6M | ||
| Q2 25 | $95.0M | $-3.3M | ||
| Q1 25 | $-12.0M | $-8.8M | ||
| Q4 24 | $-53.0M | $136.1M | ||
| Q3 24 | $42.0M | $75.4M | ||
| Q2 24 | $98.0M | $24.4M | ||
| Q1 24 | $20.0M | $-53.0M |
自由现金流率ASHIPAR
| Q4 25 | 28.8% | 37.5% | ||
| Q3 25 | 1.3% | 13.4% | ||
| Q2 25 | 20.5% | -1.0% | ||
| Q1 25 | -2.5% | -2.6% | ||
| Q4 24 | -13.1% | 37.7% | ||
| Q3 24 | 8.1% | 17.8% | ||
| Q2 24 | 18.0% | 7.1% | ||
| Q1 24 | 3.5% | -16.4% |
资本支出强度ASHIPAR
| Q4 25 | 3.6% | 0.4% | ||
| Q3 25 | 7.1% | 1.5% | ||
| Q2 25 | 4.3% | 4.5% | ||
| Q1 25 | 4.4% | 0.4% | ||
| Q4 24 | 5.7% | 0.5% | ||
| Q3 24 | 7.3% | 0.2% | ||
| Q2 24 | 5.3% | 0.3% | ||
| Q1 24 | 5.9% | 0.3% |
现金转化率ASHIPAR
| Q4 25 | — | 5.21× | ||
| Q3 25 | 1.29× | 0.97× | ||
| Q2 25 | — | 0.37× | ||
| Q1 25 | 0.29× | -0.17× | ||
| Q4 24 | — | 5.69× | ||
| Q3 24 | 4.71× | 1.22× | ||
| Q2 24 | 21.17× | 0.69× | ||
| Q1 24 | 0.45× | -1.27× |
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% |
IPAR
| European Based Operations | $232.7M | 60% |
| United States Based Operations | $155.2M | 40% |
