vs
亚什兰（ASH）与PROGRESS SOFTWARE CORP（PRGS）财务数据对比。点击上方公司名可切换其他公司
亚什兰的季度营收约是PROGRESS SOFTWARE CORP的1.5倍（$386.0M vs $252.7M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs -3.1%，领先13.3%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $59.9M），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% 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。
Progress Software是全球领先的企业级软件服务商，主营应用开发平台、数据连接工具、数字体验解决方案等产品，服务覆盖金融、医疗、制造、零售等多行业的全球企业客户，助力客户搭建高性能可扩展的业务应用，提升运营效率。
ASH vs PRGS — 直观对比
营收规模更大
ASH
是对方的1.5倍
$252.7M
营收增速更快
PRGS
高出22.2%
-4.7%
净利率更高
PRGS
高出13.3%
-3.1%
自由现金流更多
ASH
多$51.1M
$59.9M
两年增速更快
PRGS
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $252.7M |
| 净利润 | $-12.0M | $25.7M |
| 毛利率 | 27.2% | 81.6% |
| 营业利润率 | -1.6% | 15.2% |
| 净利率 | -3.1% | 10.2% |
| 营收同比 | -4.7% | 17.5% |
| 净利润同比 | 92.7% | 2144.6% |
| 每股收益（稀释后） | $-0.26 | $0.59 |
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ASHPRGS
| Q4 25 | $386.0M | $252.7M | ||
| Q3 25 | $477.0M | $249.8M | ||
| Q2 25 | $463.0M | $237.4M | ||
| Q1 25 | $479.0M | $238.0M | ||
| Q4 24 | $405.0M | $215.0M | ||
| Q3 24 | $521.0M | $178.7M | ||
| Q2 24 | $544.0M | $175.1M | ||
| Q1 24 | $575.0M | $184.7M |
净利润ASHPRGS
| Q4 25 | $-12.0M | $25.7M | ||
| Q3 25 | $31.0M | $19.4M | ||
| Q2 25 | $-742.0M | $17.0M | ||
| Q1 25 | $31.0M | $10.9M | ||
| Q4 24 | $-165.0M | $1.1M | ||
| Q3 24 | $17.0M | $28.5M | ||
| Q2 24 | $6.0M | $16.2M | ||
| Q1 24 | $120.0M | $22.6M |
毛利率ASHPRGS
| Q4 25 | 27.2% | 81.6% | ||
| Q3 25 | 33.3% | 81.0% | ||
| Q2 25 | 28.5% | 80.1% | ||
| Q1 25 | 30.7% | 80.6% | ||
| Q4 24 | 27.4% | 83.0% | ||
| Q3 24 | 33.2% | 83.7% | ||
| Q2 24 | 34.2% | 81.7% | ||
| Q1 24 | 28.0% | 82.2% |
营业利润率ASHPRGS
| Q4 25 | -1.6% | 15.2% | ||
| Q3 25 | 12.8% | 17.6% | ||
| Q2 25 | -152.9% | 16.3% | ||
| Q1 25 | 10.6% | 13.6% | ||
| Q4 24 | -44.2% | 10.0% | ||
| Q3 24 | 6.1% | 22.6% | ||
| Q2 24 | -11.2% | 15.5% | ||
| Q1 24 | 3.7% | 19.0% |
净利率ASHPRGS
| Q4 25 | -3.1% | 10.2% | ||
| Q3 25 | 6.5% | 7.8% | ||
| Q2 25 | -160.3% | 7.2% | ||
| Q1 25 | 6.5% | 4.6% | ||
| Q4 24 | -40.7% | 0.5% | ||
| Q3 24 | 3.3% | 15.9% | ||
| Q2 24 | 1.1% | 9.2% | ||
| Q1 24 | 20.9% | 12.3% |
每股收益（稀释后）ASHPRGS
| Q4 25 | $-0.26 | $0.59 | ||
| Q3 25 | $0.83 | $0.44 | ||
| Q2 25 | $-16.21 | $0.39 | ||
| Q1 25 | $0.65 | $0.24 | ||
| Q4 24 | $-3.50 | $0.01 | ||
| Q3 24 | $0.34 | $0.65 | ||
| Q2 24 | $0.12 | $0.37 | ||
| Q1 24 | $2.39 | $0.51 |
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 | $94.8M |
| 总债务越低越好 | $1.4B | $1.4B |
| 股东权益账面价值 | $1.9B | $478.3M |
| 总资产 | $4.5B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.74× | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资ASHPRGS
| Q4 25 | $304.0M | $94.8M | ||
| Q3 25 | $215.0M | $99.0M | ||
| Q2 25 | $207.0M | $102.0M | ||
| Q1 25 | $168.0M | $124.2M | ||
| Q4 24 | $219.0M | $118.1M | ||
| Q3 24 | $300.0M | $232.7M | ||
| Q2 24 | $399.0M | $190.4M | ||
| Q1 24 | $439.0M | $133.2M |
总债务ASHPRGS
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.3B | $1.5B | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
股东权益ASHPRGS
| Q4 25 | $1.9B | $478.3M | ||
| Q3 25 | $1.9B | $477.7M | ||
| Q2 25 | $1.9B | $452.7M | ||
| Q1 25 | $2.6B | $431.8M | ||
| Q4 24 | $2.6B | $438.8M | ||
| Q3 24 | $2.9B | $425.6M | ||
| Q2 24 | $3.0B | $401.7M | ||
| Q1 24 | $3.1B | $461.7M |
总资产ASHPRGS
| Q4 25 | $4.5B | $2.5B | ||
| Q3 25 | $4.6B | $2.4B | ||
| Q2 25 | $4.6B | $2.4B | ||
| Q1 25 | $5.2B | $2.5B | ||
| Q4 24 | $5.2B | $2.5B | ||
| Q3 24 | $5.6B | $1.6B | ||
| Q2 24 | $5.7B | $1.6B | ||
| Q1 24 | $5.9B | $1.5B |
负债/权益比ASHPRGS
| Q4 25 | 0.74× | 2.93× | ||
| Q3 25 | 0.73× | 2.97× | ||
| Q2 25 | 0.73× | 3.22× | ||
| Q1 25 | 0.52× | 3.50× | ||
| Q4 24 | 0.51× | 3.48× | ||
| 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 | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $59.9M |
| 自由现金流率自由现金流/营收 | 28.8% | 23.7% |
| 资本支出强度资本支出/营收 | 3.6% | 1.1% |
| 现金转化率经营现金流/净利润 | — | 2.44× |
| 过去12个月自由现金流最近4个季度 | $200.0M | $229.5M |
8季度趋势，按日历期对齐
经营现金流ASHPRGS
| Q4 25 | $125.0M | $62.8M | ||
| Q3 25 | $40.0M | $73.4M | ||
| Q2 25 | $115.0M | $30.0M | ||
| Q1 25 | $9.0M | $68.9M | ||
| Q4 24 | $-30.0M | $19.7M | ||
| Q3 24 | $80.0M | $57.7M | ||
| Q2 24 | $127.0M | $63.7M | ||
| Q1 24 | $54.0M | $70.5M |
自由现金流ASHPRGS
| Q4 25 | $111.0M | $59.9M | ||
| Q3 25 | $6.0M | $72.4M | ||
| Q2 25 | $95.0M | $29.5M | ||
| Q1 25 | $-12.0M | $67.7M | ||
| Q4 24 | $-53.0M | $16.8M | ||
| Q3 24 | $42.0M | $56.6M | ||
| Q2 24 | $98.0M | $62.7M | ||
| Q1 24 | $20.0M | $70.2M |
自由现金流率ASHPRGS
| Q4 25 | 28.8% | 23.7% | ||
| Q3 25 | 1.3% | 29.0% | ||
| Q2 25 | 20.5% | 12.4% | ||
| Q1 25 | -2.5% | 28.4% | ||
| Q4 24 | -13.1% | 7.8% | ||
| Q3 24 | 8.1% | 31.7% | ||
| Q2 24 | 18.0% | 35.8% | ||
| Q1 24 | 3.5% | 38.0% |
资本支出强度ASHPRGS
| Q4 25 | 3.6% | 1.1% | ||
| Q3 25 | 7.1% | 0.4% | ||
| Q2 25 | 4.3% | 0.2% | ||
| Q1 25 | 4.4% | 0.5% | ||
| Q4 24 | 5.7% | 1.3% | ||
| Q3 24 | 7.3% | 0.6% | ||
| Q2 24 | 5.3% | 0.5% | ||
| Q1 24 | 5.9% | 0.2% |
现金转化率ASHPRGS
| Q4 25 | — | 2.44× | ||
| Q3 25 | 1.29× | 3.78× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | 0.29× | 6.30× | ||
| Q4 24 | — | 17.13× | ||
| Q3 24 | 4.71× | 2.03× | ||
| Q2 24 | 21.17× | 3.93× | ||
| Q1 24 | 0.45× | 3.11× |
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% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
