vs
亚什兰（ASH）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是亚什兰的1.2倍（$461.6M vs $386.0M），RBC Bearings INC净利率更高（14.6% vs -3.1%，领先17.7%），RBC Bearings INC同比增速更快（17.0% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $99.1M），过去两年RBC Bearings INC的营收复合增速更高（5.6% 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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
ASH vs RBC — 直观对比
营收规模更大
RBC
是对方的1.2倍
$386.0M
营收增速更快
RBC
高出21.7%
-4.7%
净利率更高
RBC
高出17.7%
-3.1%
自由现金流更多
ASH
多$11.9M
$99.1M
两年增速更快
RBC
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $461.6M |
| 净利润 | $-12.0M | $67.4M |
| 毛利率 | 27.2% | 44.3% |
| 营业利润率 | -1.6% | 22.3% |
| 净利率 | -3.1% | 14.6% |
| 营收同比 | -4.7% | 17.0% |
| 净利润同比 | 92.7% | 16.4% |
| 每股收益（稀释后） | $-0.26 | $2.13 |
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ASHRBC
| Q4 25 | $386.0M | $461.6M | ||
| Q3 25 | $477.0M | $455.3M | ||
| Q2 25 | $463.0M | $436.0M | ||
| Q1 25 | $479.0M | $437.7M | ||
| Q4 24 | $405.0M | $394.4M | ||
| Q3 24 | $521.0M | $397.9M | ||
| Q2 24 | $544.0M | $406.3M | ||
| Q1 24 | $575.0M | $413.7M |
净利润ASHRBC
| Q4 25 | $-12.0M | $67.4M | ||
| Q3 25 | $31.0M | $60.0M | ||
| Q2 25 | $-742.0M | $68.5M | ||
| Q1 25 | $31.0M | $72.7M | ||
| Q4 24 | $-165.0M | $57.9M | ||
| Q3 24 | $17.0M | $54.2M | ||
| Q2 24 | $6.0M | $61.4M | ||
| Q1 24 | $120.0M | — |
毛利率ASHRBC
| Q4 25 | 27.2% | 44.3% | ||
| Q3 25 | 33.3% | 44.1% | ||
| Q2 25 | 28.5% | 44.8% | ||
| Q1 25 | 30.7% | 44.2% | ||
| Q4 24 | 27.4% | 44.3% | ||
| Q3 24 | 33.2% | 43.7% | ||
| Q2 24 | 34.2% | 45.3% | ||
| Q1 24 | 28.0% | 43.1% |
营业利润率ASHRBC
| Q4 25 | -1.6% | 22.3% | ||
| Q3 25 | 12.8% | 21.5% | ||
| Q2 25 | -152.9% | 23.2% | ||
| Q1 25 | 10.6% | 23.0% | ||
| Q4 24 | -44.2% | 21.7% | ||
| Q3 24 | 6.1% | 21.6% | ||
| Q2 24 | -11.2% | 24.0% | ||
| Q1 24 | 3.7% | 22.8% |
净利率ASHRBC
| Q4 25 | -3.1% | 14.6% | ||
| Q3 25 | 6.5% | 13.2% | ||
| Q2 25 | -160.3% | 15.7% | ||
| Q1 25 | 6.5% | 16.6% | ||
| Q4 24 | -40.7% | 14.7% | ||
| Q3 24 | 3.3% | 13.6% | ||
| Q2 24 | 1.1% | 15.1% | ||
| Q1 24 | 20.9% | — |
每股收益（稀释后）ASHRBC
| Q4 25 | $-0.26 | $2.13 | ||
| Q3 25 | $0.83 | $1.90 | ||
| Q2 25 | $-16.21 | $2.17 | ||
| Q1 25 | $0.65 | $2.33 | ||
| Q4 24 | $-3.50 | $1.82 | ||
| Q3 24 | $0.34 | $1.65 | ||
| Q2 24 | $0.12 | $1.90 | ||
| Q1 24 | $2.39 | $1.92 |
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 | $107.6M |
| 总债务越低越好 | $1.4B | $990.2M |
| 股东权益账面价值 | $1.9B | $3.3B |
| 总资产 | $4.5B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.74× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资ASHRBC
| Q4 25 | $304.0M | $107.6M | ||
| Q3 25 | $215.0M | $91.2M | ||
| Q2 25 | $207.0M | $132.9M | ||
| Q1 25 | $168.0M | $36.8M | ||
| Q4 24 | $219.0M | — | ||
| Q3 24 | $300.0M | — | ||
| Q2 24 | $399.0M | $76.8M | ||
| Q1 24 | $439.0M | $63.5M |
总债务ASHRBC
| Q4 25 | $1.4B | $990.2M | ||
| Q3 25 | $1.4B | $1.1B | ||
| Q2 25 | $1.4B | $915.6M | ||
| Q1 25 | $1.3B | $920.1M | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | $1.2B |
股东权益ASHRBC
| Q4 25 | $1.9B | $3.3B | ||
| Q3 25 | $1.9B | $3.2B | ||
| Q2 25 | $1.9B | $3.1B | ||
| Q1 25 | $2.6B | $3.0B | ||
| Q4 24 | $2.6B | $2.9B | ||
| Q3 24 | $2.9B | $2.9B | ||
| Q2 24 | $3.0B | $2.8B | ||
| Q1 24 | $3.1B | $2.8B |
总资产ASHRBC
| Q4 25 | $4.5B | $5.1B | ||
| Q3 25 | $4.6B | $5.1B | ||
| Q2 25 | $4.6B | $4.8B | ||
| Q1 25 | $5.2B | $4.7B | ||
| Q4 24 | $5.2B | $4.7B | ||
| Q3 24 | $5.6B | $4.7B | ||
| Q2 24 | $5.7B | $4.7B | ||
| Q1 24 | $5.9B | $4.7B |
负债/权益比ASHRBC
| Q4 25 | 0.74× | 0.30× | ||
| Q3 25 | 0.73× | 0.34× | ||
| Q2 25 | 0.73× | 0.29× | ||
| Q1 25 | 0.52× | 0.30× | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.45× | — | ||
| Q1 24 | 0.42× | 0.43× |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $99.1M |
| 自由现金流率自由现金流/营收 | 28.8% | 21.5% |
| 资本支出强度资本支出/营收 | 3.6% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 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ASHRBC
| Q4 25 | $125.0M | $122.1M | ||
| Q3 25 | $40.0M | $88.4M | ||
| Q2 25 | $115.0M | $120.0M | ||
| Q1 25 | $9.0M | — | ||
| Q4 24 | $-30.0M | $84.0M | ||
| Q3 24 | $80.0M | — | ||
| Q2 24 | $127.0M | $97.4M | ||
| Q1 24 | $54.0M | — |
自由现金流ASHRBC
| Q4 25 | $111.0M | $99.1M | ||
| Q3 25 | $6.0M | $71.7M | ||
| Q2 25 | $95.0M | $104.3M | ||
| Q1 25 | $-12.0M | — | ||
| Q4 24 | $-53.0M | $73.6M | ||
| Q3 24 | $42.0M | — | ||
| Q2 24 | $98.0M | $88.4M | ||
| Q1 24 | $20.0M | — |
自由现金流率ASHRBC
| Q4 25 | 28.8% | 21.5% | ||
| Q3 25 | 1.3% | 15.7% | ||
| Q2 25 | 20.5% | 23.9% | ||
| Q1 25 | -2.5% | — | ||
| Q4 24 | -13.1% | 18.7% | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 18.0% | 21.8% | ||
| Q1 24 | 3.5% | — |
资本支出强度ASHRBC
| Q4 25 | 3.6% | 5.0% | ||
| Q3 25 | 7.1% | 3.7% | ||
| Q2 25 | 4.3% | 3.6% | ||
| Q1 25 | 4.4% | 3.2% | ||
| Q4 24 | 5.7% | 2.6% | ||
| Q3 24 | 7.3% | 4.1% | ||
| Q2 24 | 5.3% | 2.2% | ||
| Q1 24 | 5.9% | — |
现金转化率ASHRBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | 1.29× | 1.47× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | 4.71× | — | ||
| Q2 24 | 21.17× | 1.59× | ||
| 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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
