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亚什兰（ASH）与麦格劳希尔（MH）财务数据对比。点击上方公司名可切换其他公司
麦格劳希尔的季度营收约是亚什兰的1.1倍（$434.2M vs $386.0M），亚什兰净利率更高（-3.1% vs -4.7%，领先1.5%），亚什兰同比增速更快（-4.7% vs -35.1%），麦格劳希尔自由现金流更多（$285.4M vs $111.0M）
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。
麦格劳希尔是美国知名教育科技企业，面向K12、高等教育及职业领域的师生提供多元教育内容、软件与服务。核心产品包含教材、数字学习工具及自适应技术，助力优化学习体验、提升学习效果，是与霍顿米夫林哈考特、培生教育齐名的全球三大教育出版商之一。
ASH vs MH — 直观对比
营收规模更大
MH
是对方的1.1倍
$386.0M
营收增速更快
ASH
高出30.4%
-35.1%
净利率更高
ASH
高出1.5%
-4.7%
自由现金流更多
MH
多$174.4M
$111.0M
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $434.2M |
| 净利润 | $-12.0M | $-20.2M |
| 毛利率 | 27.2% | 85.3% |
| 营业利润率 | -1.6% | 7.0% |
| 净利率 | -3.1% | -4.7% |
| 营收同比 | -4.7% | -35.1% |
| 净利润同比 | 92.7% | -119.2% |
| 每股收益（稀释后） | $-0.26 | $-0.11 |
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ASHMH
| Q4 25 | $386.0M | $434.2M | ||
| Q3 25 | $477.0M | $669.2M | ||
| Q2 25 | $463.0M | $535.7M | ||
| Q1 25 | $479.0M | — | ||
| Q4 24 | $405.0M | — | ||
| Q3 24 | $521.0M | — | ||
| Q2 24 | $544.0M | — | ||
| Q1 24 | $575.0M | — |
净利润ASHMH
| Q4 25 | $-12.0M | $-20.2M | ||
| Q3 25 | $31.0M | $105.3M | ||
| Q2 25 | $-742.0M | $502.0K | ||
| Q1 25 | $31.0M | — | ||
| Q4 24 | $-165.0M | — | ||
| Q3 24 | $17.0M | — | ||
| Q2 24 | $6.0M | — | ||
| Q1 24 | $120.0M | — |
毛利率ASHMH
| Q4 25 | 27.2% | 85.3% | ||
| Q3 25 | 33.3% | 79.2% | ||
| Q2 25 | 28.5% | 77.0% | ||
| Q1 25 | 30.7% | — | ||
| Q4 24 | 27.4% | — | ||
| Q3 24 | 33.2% | — | ||
| Q2 24 | 34.2% | — | ||
| Q1 24 | 28.0% | — |
营业利润率ASHMH
| Q4 25 | -1.6% | 7.0% | ||
| Q3 25 | 12.8% | 23.4% | ||
| Q2 25 | -152.9% | 18.0% | ||
| Q1 25 | 10.6% | — | ||
| Q4 24 | -44.2% | — | ||
| Q3 24 | 6.1% | — | ||
| Q2 24 | -11.2% | — | ||
| Q1 24 | 3.7% | — |
净利率ASHMH
| Q4 25 | -3.1% | -4.7% | ||
| Q3 25 | 6.5% | 15.7% | ||
| Q2 25 | -160.3% | 0.1% | ||
| Q1 25 | 6.5% | — | ||
| Q4 24 | -40.7% | — | ||
| Q3 24 | 3.3% | — | ||
| Q2 24 | 1.1% | — | ||
| Q1 24 | 20.9% | — |
每股收益（稀释后）ASHMH
| Q4 25 | $-0.26 | $-0.11 | ||
| Q3 25 | $0.83 | $0.57 | ||
| Q2 25 | $-16.21 | $0.00 | ||
| Q1 25 | $0.65 | — | ||
| Q4 24 | $-3.50 | — | ||
| Q3 24 | $0.34 | — | ||
| Q2 24 | $0.12 | — | ||
| Q1 24 | $2.39 | — |
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 | $514.4M |
| 总债务越低越好 | $1.4B | $2.6B |
| 股东权益账面价值 | $1.9B | $775.3M |
| 总资产 | $4.5B | $5.6B |
| 负债/权益比越低杠杆越低 | 0.74× | 3.36× |
8季度趋势，按日历期对齐
现金及短期投资ASHMH
| Q4 25 | $304.0M | $514.4M | ||
| Q3 25 | $215.0M | $463.2M | ||
| Q2 25 | $207.0M | $247.3M | ||
| Q1 25 | $168.0M | — | ||
| Q4 24 | $219.0M | — | ||
| Q3 24 | $300.0M | — | ||
| Q2 24 | $399.0M | — | ||
| Q1 24 | $439.0M | — |
总债务ASHMH
| Q4 25 | $1.4B | $2.6B | ||
| Q3 25 | $1.4B | $2.8B | ||
| Q2 25 | $1.4B | $3.2B | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
股东权益ASHMH
| Q4 25 | $1.9B | $775.3M | ||
| Q3 25 | $1.9B | $794.6M | ||
| Q2 25 | $1.9B | $283.3M | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $3.1B | — |
总资产ASHMH
| Q4 25 | $4.5B | $5.6B | ||
| Q3 25 | $4.6B | $6.0B | ||
| Q2 25 | $4.6B | $5.7B | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | $5.2B | — | ||
| Q3 24 | $5.6B | — | ||
| Q2 24 | $5.7B | — | ||
| Q1 24 | $5.9B | — |
负债/权益比ASHMH
| Q4 25 | 0.74× | 3.36× | ||
| Q3 25 | 0.73× | 3.52× | ||
| Q2 25 | 0.73× | 11.17× | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | 0.51× | — | ||
| 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 | $309.0M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $285.4M |
| 自由现金流率自由现金流/营收 | 28.8% | 65.7% |
| 资本支出强度资本支出/营收 | 3.6% | 5.4% |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流ASHMH
| Q4 25 | $125.0M | $309.0M | ||
| Q3 25 | $40.0M | $265.0M | ||
| Q2 25 | $115.0M | $-96.7M | ||
| Q1 25 | $9.0M | — | ||
| Q4 24 | $-30.0M | — | ||
| Q3 24 | $80.0M | — | ||
| Q2 24 | $127.0M | — | ||
| Q1 24 | $54.0M | — |
自由现金流ASHMH
| Q4 25 | $111.0M | $285.4M | ||
| Q3 25 | $6.0M | $243.8M | ||
| Q2 25 | $95.0M | $-112.9M | ||
| Q1 25 | $-12.0M | — | ||
| Q4 24 | $-53.0M | — | ||
| Q3 24 | $42.0M | — | ||
| Q2 24 | $98.0M | — | ||
| Q1 24 | $20.0M | — |
自由现金流率ASHMH
| Q4 25 | 28.8% | 65.7% | ||
| Q3 25 | 1.3% | 36.4% | ||
| Q2 25 | 20.5% | -21.1% | ||
| Q1 25 | -2.5% | — | ||
| Q4 24 | -13.1% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 18.0% | — | ||
| Q1 24 | 3.5% | — |
资本支出强度ASHMH
| Q4 25 | 3.6% | 5.4% | ||
| Q3 25 | 7.1% | 3.2% | ||
| Q2 25 | 4.3% | 3.0% | ||
| Q1 25 | 4.4% | — | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 5.3% | — | ||
| Q1 24 | 5.9% | — |
现金转化率ASHMH
| Q4 25 | — | — | ||
| Q3 25 | 1.29× | 2.52× | ||
| Q2 25 | — | -192.53× | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.71× | — | ||
| Q2 24 | 21.17× | — | ||
| Q1 24 | 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% |
MH
| Higher Education | $225.4M | 52% |
| Digital | $103.5M | 24% |
| Other | $44.4M | 10% |
| Global Professional | $36.2M | 8% |
| $24.7M | 6% |
