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亚什兰（ASH）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Reddit, Inc.的季度营收约是亚什兰的1.9倍（$725.6M vs $386.0M），Reddit, Inc.净利率更高（34.7% vs -3.1%，领先37.8%），Reddit, Inc.同比增速更快（69.7% vs -4.7%），Reddit, Inc.自由现金流更多（$263.6M vs $111.0M），过去两年Reddit, Inc.的营收复合增速更高（72.8% 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。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
ASH vs RDDT — 直观对比
营收规模更大
RDDT
是对方的1.9倍
$386.0M
营收增速更快
RDDT
高出74.3%
-4.7%
净利率更高
RDDT
高出37.8%
-3.1%
自由现金流更多
RDDT
多$152.6M
$111.0M
两年增速更快
RDDT
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $725.6M |
| 净利润 | $-12.0M | $251.6M |
| 毛利率 | 27.2% | 91.9% |
| 营业利润率 | -1.6% | 31.9% |
| 净利率 | -3.1% | 34.7% |
| 营收同比 | -4.7% | 69.7% |
| 净利润同比 | 92.7% | 254.2% |
| 每股收益（稀释后） | $-0.26 | $1.24 |
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ASHRDDT
| Q4 25 | $386.0M | $725.6M | ||
| Q3 25 | $477.0M | $584.9M | ||
| Q2 25 | $463.0M | $499.6M | ||
| Q1 25 | $479.0M | $392.4M | ||
| Q4 24 | $405.0M | $427.7M | ||
| Q3 24 | $521.0M | $348.4M | ||
| Q2 24 | $544.0M | $281.2M | ||
| Q1 24 | $575.0M | $243.0M |
净利润ASHRDDT
| Q4 25 | $-12.0M | $251.6M | ||
| Q3 25 | $31.0M | $162.7M | ||
| Q2 25 | $-742.0M | $89.3M | ||
| Q1 25 | $31.0M | $26.2M | ||
| Q4 24 | $-165.0M | $71.0M | ||
| Q3 24 | $17.0M | $29.9M | ||
| Q2 24 | $6.0M | $-10.1M | ||
| Q1 24 | $120.0M | $-575.1M |
毛利率ASHRDDT
| Q4 25 | 27.2% | 91.9% | ||
| Q3 25 | 33.3% | 91.0% | ||
| Q2 25 | 28.5% | 90.8% | ||
| Q1 25 | 30.7% | 90.5% | ||
| Q4 24 | 27.4% | 92.6% | ||
| Q3 24 | 33.2% | 90.1% | ||
| Q2 24 | 34.2% | 89.5% | ||
| Q1 24 | 28.0% | 88.6% |
营业利润率ASHRDDT
| Q4 25 | -1.6% | 31.9% | ||
| Q3 25 | 12.8% | 23.7% | ||
| Q2 25 | -152.9% | 13.6% | ||
| Q1 25 | 10.6% | 1.0% | ||
| Q4 24 | -44.2% | 12.4% | ||
| Q3 24 | 6.1% | 2.0% | ||
| Q2 24 | -11.2% | -11.0% | ||
| Q1 24 | 3.7% | -242.5% |
净利率ASHRDDT
| Q4 25 | -3.1% | 34.7% | ||
| Q3 25 | 6.5% | 27.8% | ||
| Q2 25 | -160.3% | 17.9% | ||
| Q1 25 | 6.5% | 6.7% | ||
| Q4 24 | -40.7% | 16.6% | ||
| Q3 24 | 3.3% | 8.6% | ||
| Q2 24 | 1.1% | -3.6% | ||
| Q1 24 | 20.9% | -236.7% |
每股收益（稀释后）ASHRDDT
| Q4 25 | $-0.26 | $1.24 | ||
| Q3 25 | $0.83 | $0.80 | ||
| Q2 25 | $-16.21 | $0.45 | ||
| Q1 25 | $0.65 | $0.13 | ||
| Q4 24 | $-3.50 | $4.76 | ||
| Q3 24 | $0.34 | $0.16 | ||
| Q2 24 | $0.12 | $-0.06 | ||
| Q1 24 | $2.39 | $-8.19 |
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 | $953.6M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $1.9B | $2.9B |
| 总资产 | $4.5B | $3.2B |
| 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ASHRDDT
| Q4 25 | $304.0M | $953.6M | ||
| Q3 25 | $215.0M | $911.7M | ||
| Q2 25 | $207.0M | $734.1M | ||
| Q1 25 | $168.0M | $635.7M | ||
| Q4 24 | $219.0M | $562.1M | ||
| Q3 24 | $300.0M | $515.9M | ||
| Q2 24 | $399.0M | $468.0M | ||
| Q1 24 | $439.0M | $968.5M |
总债务ASHRDDT
| 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ASHRDDT
| Q4 25 | $1.9B | $2.9B | ||
| Q3 25 | $1.9B | $2.6B | ||
| Q2 25 | $1.9B | $2.4B | ||
| Q1 25 | $2.6B | $2.2B | ||
| Q4 24 | $2.6B | $2.1B | ||
| Q3 24 | $2.9B | $2.0B | ||
| Q2 24 | $3.0B | $1.9B | ||
| Q1 24 | $3.1B | $1.8B |
总资产ASHRDDT
| Q4 25 | $4.5B | $3.2B | ||
| Q3 25 | $4.6B | $2.9B | ||
| Q2 25 | $4.6B | $2.6B | ||
| Q1 25 | $5.2B | $2.4B | ||
| Q4 24 | $5.2B | $2.3B | ||
| Q3 24 | $5.6B | $2.2B | ||
| Q2 24 | $5.7B | $2.1B | ||
| Q1 24 | $5.9B | $2.0B |
负债/权益比ASHRDDT
| 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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $263.6M |
| 自由现金流率自由现金流/营收 | 28.8% | 36.3% |
| 资本支出强度资本支出/营收 | 3.6% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.06× |
| 过去12个月自由现金流最近4个季度 | $200.0M | $684.2M |
8季度趋势，按日历期对齐
经营现金流ASHRDDT
| Q4 25 | $125.0M | $266.8M | ||
| Q3 25 | $40.0M | $185.2M | ||
| Q2 25 | $115.0M | $111.3M | ||
| Q1 25 | $9.0M | $127.6M | ||
| Q4 24 | $-30.0M | $90.0M | ||
| Q3 24 | $80.0M | $71.6M | ||
| Q2 24 | $127.0M | $28.4M | ||
| Q1 24 | $54.0M | $32.1M |
自由现金流ASHRDDT
| Q4 25 | $111.0M | $263.6M | ||
| Q3 25 | $6.0M | $183.1M | ||
| Q2 25 | $95.0M | $110.8M | ||
| Q1 25 | $-12.0M | $126.6M | ||
| Q4 24 | $-53.0M | $89.2M | ||
| Q3 24 | $42.0M | $70.3M | ||
| Q2 24 | $98.0M | $27.2M | ||
| Q1 24 | $20.0M | $29.2M |
自由现金流率ASHRDDT
| Q4 25 | 28.8% | 36.3% | ||
| Q3 25 | 1.3% | 31.3% | ||
| Q2 25 | 20.5% | 22.2% | ||
| Q1 25 | -2.5% | 32.3% | ||
| Q4 24 | -13.1% | 20.8% | ||
| Q3 24 | 8.1% | 20.2% | ||
| Q2 24 | 18.0% | 9.7% | ||
| Q1 24 | 3.5% | 12.0% |
资本支出强度ASHRDDT
| Q4 25 | 3.6% | 0.4% | ||
| Q3 25 | 7.1% | 0.4% | ||
| Q2 25 | 4.3% | 0.1% | ||
| Q1 25 | 4.4% | 0.2% | ||
| Q4 24 | 5.7% | 0.2% | ||
| Q3 24 | 7.3% | 0.4% | ||
| Q2 24 | 5.3% | 0.4% | ||
| Q1 24 | 5.9% | 1.2% |
现金转化率ASHRDDT
| Q4 25 | — | 1.06× | ||
| Q3 25 | 1.29× | 1.14× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | 0.29× | 4.88× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | 4.71× | 2.40× | ||
| 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% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
