vs
亚什兰（ASH）与巴诺书店（NE）财务数据对比。点击上方公司名可切换其他公司
巴诺书店的季度营收约是亚什兰的2.0倍（$764.4M vs $386.0M），巴诺书店净利率更高（11.3% vs -3.1%，领先14.4%），亚什兰同比增速更快（-4.7% vs -17.6%），亚什兰自由现金流更多（$111.0M vs $35.4M），过去两年巴诺书店的营收复合增速更高（9.5% 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。
巴诺书店是美国知名连锁图书零售企业，拥有全美数量最多的实体零售网点，目前在美国境内共运营超过700家线下门店，为消费者提供各类书籍、文创产品及相关文化消费服务。
ASH vs NE — 直观对比
营收规模更大
NE
是对方的2.0倍
$386.0M
营收增速更快
ASH
高出12.9%
-17.6%
净利率更高
NE
高出14.4%
-3.1%
自由现金流更多
ASH
多$75.6M
$35.4M
两年增速更快
NE
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $764.4M |
| 净利润 | $-12.0M | $86.6M |
| 毛利率 | 27.2% | — |
| 营业利润率 | -1.6% | 5.6% |
| 净利率 | -3.1% | 11.3% |
| 营收同比 | -4.7% | -17.6% |
| 净利润同比 | 92.7% | -10.4% |
| 每股收益（稀释后） | $-0.26 | $0.54 |
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ASHNE
| Q4 25 | $386.0M | $764.4M | ||
| Q3 25 | $477.0M | $798.0M | ||
| Q2 25 | $463.0M | $848.7M | ||
| Q1 25 | $479.0M | $874.5M | ||
| Q4 24 | $405.0M | $927.3M | ||
| Q3 24 | $521.0M | $800.5M | ||
| Q2 24 | $544.0M | $692.8M | ||
| Q1 24 | $575.0M | $637.1M |
净利润ASHNE
| Q4 25 | $-12.0M | $86.6M | ||
| Q3 25 | $31.0M | $-21.1M | ||
| Q2 25 | $-742.0M | $42.9M | ||
| Q1 25 | $31.0M | $108.3M | ||
| Q4 24 | $-165.0M | $96.6M | ||
| Q3 24 | $17.0M | $61.2M | ||
| Q2 24 | $6.0M | $195.0M | ||
| Q1 24 | $120.0M | $95.5M |
毛利率ASHNE
| Q4 25 | 27.2% | — | ||
| Q3 25 | 33.3% | — | ||
| Q2 25 | 28.5% | — | ||
| 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ASHNE
| Q4 25 | -1.6% | 5.6% | ||
| Q3 25 | 12.8% | 6.3% | ||
| Q2 25 | -152.9% | 15.9% | ||
| Q1 25 | 10.6% | 21.4% | ||
| Q4 24 | -44.2% | 18.4% | ||
| Q3 24 | 6.1% | 14.4% | ||
| Q2 24 | -11.2% | 30.3% | ||
| Q1 24 | 3.7% | 16.9% |
净利率ASHNE
| Q4 25 | -3.1% | 11.3% | ||
| Q3 25 | 6.5% | -2.6% | ||
| Q2 25 | -160.3% | 5.1% | ||
| Q1 25 | 6.5% | 12.4% | ||
| Q4 24 | -40.7% | 10.4% | ||
| Q3 24 | 3.3% | 7.6% | ||
| Q2 24 | 1.1% | 28.1% | ||
| Q1 24 | 20.9% | 15.0% |
每股收益（稀释后）ASHNE
| Q4 25 | $-0.26 | $0.54 | ||
| Q3 25 | $0.83 | $-0.13 | ||
| Q2 25 | $-16.21 | $0.27 | ||
| Q1 25 | $0.65 | $0.67 | ||
| Q4 24 | $-3.50 | $0.56 | ||
| Q3 24 | $0.34 | $0.40 | ||
| Q2 24 | $0.12 | $1.34 | ||
| Q1 24 | $2.39 | $0.66 |
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 | $471.4M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $1.9B | $4.5B |
| 总资产 | $4.5B | $7.5B |
| 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ASHNE
| Q4 25 | $304.0M | $471.4M | ||
| Q3 25 | $215.0M | $477.9M | ||
| Q2 25 | $207.0M | $338.2M | ||
| Q1 25 | $168.0M | $303.8M | ||
| Q4 24 | $219.0M | $247.3M | ||
| Q3 24 | $300.0M | $391.9M | ||
| Q2 24 | $399.0M | $162.9M | ||
| Q1 24 | $439.0M | $212.5M |
总债务ASHNE
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
股东权益ASHNE
| Q4 25 | $1.9B | $4.5B | ||
| Q3 25 | $1.9B | $4.5B | ||
| Q2 25 | $1.9B | $4.6B | ||
| Q1 25 | $2.6B | $4.7B | ||
| Q4 24 | $2.6B | $4.7B | ||
| Q3 24 | $2.9B | $4.7B | ||
| Q2 24 | $3.0B | $4.0B | ||
| Q1 24 | $3.1B | $3.9B |
总资产ASHNE
| Q4 25 | $4.5B | $7.5B | ||
| Q3 25 | $4.6B | $7.6B | ||
| Q2 25 | $4.6B | $7.7B | ||
| Q1 25 | $5.2B | $7.9B | ||
| Q4 24 | $5.2B | $8.0B | ||
| Q3 24 | $5.6B | $8.0B | ||
| Q2 24 | $5.7B | $5.6B | ||
| Q1 24 | $5.9B | $5.4B |
负债/权益比ASHNE
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.73× | — | ||
| 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 | $187.1M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $35.4M |
| 自由现金流率自由现金流/营收 | 28.8% | 4.6% |
| 资本支出强度资本支出/营收 | 3.6% | 19.9% |
| 现金转化率经营现金流/净利润 | — | 2.16× |
| 过去12个月自由现金流最近4个季度 | $200.0M | $432.2M |
8季度趋势，按日历期对齐
经营现金流ASHNE
| Q4 25 | $125.0M | $187.1M | ||
| Q3 25 | $40.0M | $277.1M | ||
| Q2 25 | $115.0M | $216.4M | ||
| Q1 25 | $9.0M | $271.1M | ||
| Q4 24 | $-30.0M | $136.2M | ||
| Q3 24 | $80.0M | $283.8M | ||
| Q2 24 | $127.0M | $106.8M | ||
| Q1 24 | $54.0M | $128.7M |
自由现金流ASHNE
| Q4 25 | $111.0M | $35.4M | ||
| Q3 25 | $6.0M | $139.5M | ||
| Q2 25 | $95.0M | $99.8M | ||
| Q1 25 | $-12.0M | $157.5M | ||
| Q4 24 | $-53.0M | $-4.4M | ||
| Q3 24 | $42.0M | $156.8M | ||
| Q2 24 | $98.0M | $-34.3M | ||
| Q1 24 | $20.0M | $-37.9M |
自由现金流率ASHNE
| Q4 25 | 28.8% | 4.6% | ||
| Q3 25 | 1.3% | 17.5% | ||
| Q2 25 | 20.5% | 11.8% | ||
| Q1 25 | -2.5% | 18.0% | ||
| Q4 24 | -13.1% | -0.5% | ||
| Q3 24 | 8.1% | 19.6% | ||
| Q2 24 | 18.0% | -4.9% | ||
| Q1 24 | 3.5% | -6.0% |
资本支出强度ASHNE
| Q4 25 | 3.6% | 19.9% | ||
| Q3 25 | 7.1% | 17.3% | ||
| Q2 25 | 4.3% | 13.7% | ||
| Q1 25 | 4.4% | 13.0% | ||
| Q4 24 | 5.7% | 15.2% | ||
| Q3 24 | 7.3% | 15.9% | ||
| Q2 24 | 5.3% | 20.4% | ||
| Q1 24 | 5.9% | 26.2% |
现金转化率ASHNE
| Q4 25 | — | 2.16× | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | — | 5.05× | ||
| Q1 25 | 0.29× | 2.50× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | 4.71× | 4.64× | ||
| Q2 24 | 21.17× | 0.55× | ||
| Q1 24 | 0.45× | 1.35× |
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% |
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
