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亚什兰（ASH）与UiPath, Inc.（PATH）财务数据对比。点击上方公司名可切换其他公司
UiPath, Inc.的季度营收约是亚什兰的1.1倍（$411.1M vs $386.0M），UiPath, Inc.净利率更高（48.4% vs -3.1%，领先51.5%），UiPath, Inc.同比增速更快（15.9% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $25.1M），过去两年UiPath, Inc.的营收复合增速更高（0.7% 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。
UiPath是一家全球化软件企业，专注于开发人工智能、智能自动化及流程编排类软件，其产品支持用户搭建与调度AI代理，实现复杂业务流程、工作流的自动化运行，助力各行业客户提升运营效率、降低人力成本。
ASH vs PATH — 直观对比
营收规模更大
PATH
是对方的1.1倍
$386.0M
营收增速更快
PATH
高出20.6%
-4.7%
净利率更高
PATH
高出51.5%
-3.1%
自由现金流更多
ASH
多$85.9M
$25.1M
两年增速更快
PATH
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $411.1M |
| 净利润 | $-12.0M | $198.8M |
| 毛利率 | 27.2% | 83.3% |
| 营业利润率 | -1.6% | 3.2% |
| 净利率 | -3.1% | 48.4% |
| 营收同比 | -4.7% | 15.9% |
| 净利润同比 | 92.7% | 1966.2% |
| 每股收益（稀释后） | $-0.26 | $0.37 |
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ASHPATH
| Q4 25 | $386.0M | $411.1M | ||
| Q3 25 | $477.0M | $361.7M | ||
| Q2 25 | $463.0M | $356.6M | ||
| Q1 25 | $479.0M | $423.6M | ||
| Q4 24 | $405.0M | $354.7M | ||
| Q3 24 | $521.0M | $316.3M | ||
| Q2 24 | $544.0M | $335.1M | ||
| Q1 24 | $575.0M | $405.3M |
净利润ASHPATH
| Q4 25 | $-12.0M | $198.8M | ||
| Q3 25 | $31.0M | $1.6M | ||
| Q2 25 | $-742.0M | $-22.6M | ||
| Q1 25 | $31.0M | $51.8M | ||
| Q4 24 | $-165.0M | $-10.7M | ||
| Q3 24 | $17.0M | $-86.1M | ||
| Q2 24 | $6.0M | $-28.7M | ||
| Q1 24 | $120.0M | $33.9M |
毛利率ASHPATH
| Q4 25 | 27.2% | 83.3% | ||
| Q3 25 | 33.3% | 82.2% | ||
| Q2 25 | 28.5% | 82.1% | ||
| Q1 25 | 30.7% | 84.8% | ||
| Q4 24 | 27.4% | 82.0% | ||
| Q3 24 | 33.2% | 80.0% | ||
| Q2 24 | 34.2% | 83.5% | ||
| Q1 24 | 28.0% | 86.8% |
营业利润率ASHPATH
| Q4 25 | -1.6% | 3.2% | ||
| Q3 25 | 12.8% | -5.6% | ||
| Q2 25 | -152.9% | -4.6% | ||
| Q1 25 | 10.6% | 7.9% | ||
| Q4 24 | -44.2% | -12.2% | ||
| Q3 24 | 6.1% | -32.7% | ||
| Q2 24 | -11.2% | -14.8% | ||
| Q1 24 | 3.7% | 3.7% |
净利率ASHPATH
| Q4 25 | -3.1% | 48.4% | ||
| Q3 25 | 6.5% | 0.4% | ||
| Q2 25 | -160.3% | -6.3% | ||
| Q1 25 | 6.5% | 12.2% | ||
| Q4 24 | -40.7% | -3.0% | ||
| Q3 24 | 3.3% | -27.2% | ||
| Q2 24 | 1.1% | -8.6% | ||
| Q1 24 | 20.9% | 8.4% |
每股收益（稀释后）ASHPATH
| Q4 25 | $-0.26 | $0.37 | ||
| Q3 25 | $0.83 | $0.00 | ||
| Q2 25 | $-16.21 | $-0.04 | ||
| Q1 25 | $0.65 | $0.09 | ||
| Q4 24 | $-3.50 | $-0.02 | ||
| Q3 24 | $0.34 | $-0.15 | ||
| Q2 24 | $0.12 | $-0.05 | ||
| Q1 24 | $2.39 | $0.07 |
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 | $1.4B |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $1.9B | $1.9B |
| 总资产 | $4.5B | $2.9B |
| 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ASHPATH
| Q4 25 | $304.0M | $1.4B | ||
| Q3 25 | $215.0M | $1.4B | ||
| Q2 25 | $207.0M | $1.6B | ||
| Q1 25 | $168.0M | $1.6B | ||
| Q4 24 | $219.0M | $1.6B | ||
| Q3 24 | $300.0M | $1.7B | ||
| Q2 24 | $399.0M | $1.9B | ||
| Q1 24 | $439.0M | $1.9B |
总债务ASHPATH
| 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ASHPATH
| Q4 25 | $1.9B | $1.9B | ||
| Q3 25 | $1.9B | $1.7B | ||
| Q2 25 | $1.9B | $1.7B | ||
| Q1 25 | $2.6B | $1.8B | ||
| Q4 24 | $2.6B | $1.7B | ||
| Q3 24 | $2.9B | $1.8B | ||
| Q2 24 | $3.0B | $2.0B | ||
| Q1 24 | $3.1B | $2.0B |
总资产ASHPATH
| Q4 25 | $4.5B | $2.9B | ||
| Q3 25 | $4.6B | $2.6B | ||
| Q2 25 | $4.6B | $2.6B | ||
| Q1 25 | $5.2B | $2.9B | ||
| Q4 24 | $5.2B | $2.7B | ||
| Q3 24 | $5.6B | $2.7B | ||
| Q2 24 | $5.7B | $2.8B | ||
| Q1 24 | $5.9B | $3.0B |
负债/权益比ASHPATH
| 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 | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $25.1M |
| 自由现金流率自由现金流/营收 | 28.8% | 6.1% |
| 资本支出强度资本支出/营收 | 3.6% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 0.14× |
| 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ASHPATH
| Q4 25 | $125.0M | $28.3M | ||
| Q3 25 | $40.0M | $41.6M | ||
| Q2 25 | $115.0M | $119.0M | ||
| Q1 25 | $9.0M | $146.1M | ||
| Q4 24 | $-30.0M | $28.1M | ||
| Q3 24 | $80.0M | $46.4M | ||
| Q2 24 | $127.0M | $100.0M | ||
| Q1 24 | $54.0M | $145.6M |
自由现金流ASHPATH
| Q4 25 | $111.0M | $25.1M | ||
| Q3 25 | $6.0M | — | ||
| Q2 25 | $95.0M | $106.2M | ||
| Q1 25 | $-12.0M | $138.7M | ||
| Q4 24 | $-53.0M | $23.2M | ||
| Q3 24 | $42.0M | $45.0M | ||
| Q2 24 | $98.0M | $98.8M | ||
| Q1 24 | $20.0M | $141.8M |
自由现金流率ASHPATH
| Q4 25 | 28.8% | 6.1% | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 20.5% | 29.8% | ||
| Q1 25 | -2.5% | 32.7% | ||
| Q4 24 | -13.1% | 6.5% | ||
| Q3 24 | 8.1% | 14.2% | ||
| Q2 24 | 18.0% | 29.5% | ||
| Q1 24 | 3.5% | 35.0% |
资本支出强度ASHPATH
| Q4 25 | 3.6% | 0.8% | ||
| Q3 25 | 7.1% | 0.0% | ||
| Q2 25 | 4.3% | 3.6% | ||
| Q1 25 | 4.4% | 1.7% | ||
| Q4 24 | 5.7% | 1.4% | ||
| Q3 24 | 7.3% | 0.4% | ||
| Q2 24 | 5.3% | 0.4% | ||
| Q1 24 | 5.9% | 0.9% |
现金转化率ASHPATH
| Q4 25 | — | 0.14× | ||
| Q3 25 | 1.29× | 26.25× | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.29× | 2.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.71× | — | ||
| Q2 24 | 21.17× | — | ||
| Q1 24 | 0.45× | 4.29× |
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% |
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
