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亚什兰（ASH）与RLJ Lodging Trust（RLJ）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RLJ Lodging Trust的1.1倍（$386.0M vs $340.0M），RLJ Lodging Trust净利率更高（-1.9% vs -3.1%，领先1.2%），RLJ Lodging Trust同比增速更快（3.6% vs -4.7%），过去两年RLJ Lodging Trust的营收复合增速更高（-4.1% 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。
RLJ集团是美国企业家罗伯特·路易斯·约翰逊创办的资产管理企业。约翰逊在2001年出售自己一手创立的黑人娱乐电视台后，于马里兰州贝塞斯达成立了这家公司。集团业务覆盖酒店不动产投资、私募股权投资、金融服务、资产管理、保险、汽车经销、文体娱乐以及电子彩票 gaming 等多个领域，总部设于贝塞斯达。
ASH vs RLJ — 直观对比
营收规模更大
ASH
是对方的1.1倍
$340.0M
营收增速更快
RLJ
高出8.3%
-4.7%
净利率更高
RLJ
高出1.2%
-3.1%
两年增速更快
RLJ
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $340.0M |
| 净利润 | $-12.0M | $-6.4M |
| 毛利率 | 27.2% | — |
| 营业利润率 | -1.6% | 8.2% |
| 净利率 | -3.1% | -1.9% |
| 营收同比 | -4.7% | 3.6% |
| 净利润同比 | 92.7% | — |
| 每股收益（稀释后） | $-0.26 | — |
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ASHRLJ
| Q1 26 | — | $340.0M | ||
| Q4 25 | $386.0M | $328.6M | ||
| Q3 25 | $477.0M | $330.0M | ||
| Q2 25 | $463.0M | $363.1M | ||
| Q1 25 | $479.0M | $328.1M | ||
| Q4 24 | $405.0M | $330.0M | ||
| Q3 24 | $521.0M | $345.7M | ||
| Q2 24 | $544.0M | $369.3M |
净利润ASHRLJ
| Q1 26 | — | $-6.4M | ||
| Q4 25 | $-12.0M | $430.0K | ||
| Q3 25 | $31.0M | $-3.7M | ||
| Q2 25 | $-742.0M | $28.5M | ||
| Q1 25 | $31.0M | $3.4M | ||
| Q4 24 | $-165.0M | $5.4M | ||
| Q3 24 | $17.0M | $20.6M | ||
| Q2 24 | $6.0M | $37.1M |
毛利率ASHRLJ
| Q1 26 | — | — | ||
| 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% | — |
营业利润率ASHRLJ
| Q1 26 | — | 8.2% | ||
| Q4 25 | -1.6% | 0.2% | ||
| Q3 25 | 12.8% | -1.0% | ||
| Q2 25 | -152.9% | 8.0% | ||
| Q1 25 | 10.6% | 1.1% | ||
| Q4 24 | -44.2% | 1.8% | ||
| Q3 24 | 6.1% | 6.1% | ||
| Q2 24 | -11.2% | 10.2% |
净利率ASHRLJ
| Q1 26 | — | -1.9% | ||
| Q4 25 | -3.1% | 0.1% | ||
| Q3 25 | 6.5% | -1.1% | ||
| Q2 25 | -160.3% | 7.8% | ||
| Q1 25 | 6.5% | 1.0% | ||
| Q4 24 | -40.7% | 1.6% | ||
| Q3 24 | 3.3% | 6.0% | ||
| Q2 24 | 1.1% | 10.0% |
每股收益（稀释后）ASHRLJ
| Q1 26 | — | — | ||
| Q4 25 | $-0.26 | $-0.05 | ||
| Q3 25 | $0.83 | $-0.07 | ||
| Q2 25 | $-16.21 | $0.15 | ||
| Q1 25 | $0.65 | $-0.02 | ||
| Q4 24 | $-3.50 | $-0.01 | ||
| Q3 24 | $0.34 | $0.09 | ||
| Q2 24 | $0.12 | $0.20 |
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 | $353.1M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $1.9B | $2.1B |
| 总资产 | $4.5B | $4.7B |
| 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ASHRLJ
| Q1 26 | — | $353.1M | ||
| Q4 25 | $304.0M | $410.2M | ||
| Q3 25 | $215.0M | $374.8M | ||
| Q2 25 | $207.0M | $373.9M | ||
| Q1 25 | $168.0M | $347.5M | ||
| Q4 24 | $219.0M | $409.8M | ||
| Q3 24 | $300.0M | $385.4M | ||
| Q2 24 | $399.0M | $371.1M |
总债务ASHRLJ
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $2.2B | ||
| Q3 25 | $1.4B | $2.2B | ||
| Q2 25 | $1.4B | $2.2B | ||
| Q1 25 | $1.3B | $2.2B | ||
| Q4 24 | $1.3B | $2.2B | ||
| Q3 24 | $1.3B | $2.2B | ||
| Q2 24 | $1.3B | $2.2B |
股东权益ASHRLJ
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.9B | $2.2B | ||
| Q3 25 | $1.9B | $2.2B | ||
| Q2 25 | $1.9B | $2.2B | ||
| Q1 25 | $2.6B | $2.2B | ||
| Q4 24 | $2.6B | $2.3B | ||
| Q3 24 | $2.9B | $2.3B | ||
| Q2 24 | $3.0B | $2.3B |
总资产ASHRLJ
| Q1 26 | — | $4.7B | ||
| Q4 25 | $4.5B | $4.7B | ||
| Q3 25 | $4.6B | $4.8B | ||
| Q2 25 | $4.6B | $4.8B | ||
| Q1 25 | $5.2B | $4.8B | ||
| Q4 24 | $5.2B | $4.9B | ||
| Q3 24 | $5.6B | $4.9B | ||
| Q2 24 | $5.7B | $4.9B |
负债/权益比ASHRLJ
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | 1.01× | ||
| Q3 25 | 0.73× | 1.01× | ||
| Q2 25 | 0.73× | 1.00× | ||
| Q1 25 | 0.52× | 0.99× | ||
| Q4 24 | 0.51× | 0.97× | ||
| Q3 24 | 0.47× | 0.96× | ||
| Q2 24 | 0.45× | 0.95× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $111.0M | — |
| 自由现金流率自由现金流/营收 | 28.8% | — |
| 资本支出强度资本支出/营收 | 3.6% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 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ASHRLJ
| Q1 26 | — | — | ||
| Q4 25 | $125.0M | $243.8M | ||
| Q3 25 | $40.0M | $63.3M | ||
| Q2 25 | $115.0M | $101.3M | ||
| Q1 25 | $9.0M | $16.3M | ||
| Q4 24 | $-30.0M | $285.4M | ||
| Q3 24 | $80.0M | $80.1M | ||
| Q2 24 | $127.0M | $113.5M |
自由现金流ASHRLJ
| Q1 26 | — | — | ||
| Q4 25 | $111.0M | $117.4M | ||
| Q3 25 | $6.0M | $33.6M | ||
| Q2 25 | $95.0M | $66.1M | ||
| Q1 25 | $-12.0M | $-30.5M | ||
| Q4 24 | $-53.0M | $148.9M | ||
| Q3 24 | $42.0M | $45.4M | ||
| Q2 24 | $98.0M | $74.9M |
自由现金流率ASHRLJ
| Q1 26 | — | — | ||
| Q4 25 | 28.8% | 35.7% | ||
| Q3 25 | 1.3% | 10.2% | ||
| Q2 25 | 20.5% | 18.2% | ||
| Q1 25 | -2.5% | -9.3% | ||
| Q4 24 | -13.1% | 45.1% | ||
| Q3 24 | 8.1% | 13.1% | ||
| Q2 24 | 18.0% | 20.3% |
资本支出强度ASHRLJ
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | 38.5% | ||
| Q3 25 | 7.1% | 9.0% | ||
| Q2 25 | 4.3% | 9.7% | ||
| Q1 25 | 4.4% | 14.3% | ||
| Q4 24 | 5.7% | 41.4% | ||
| Q3 24 | 7.3% | 10.0% | ||
| Q2 24 | 5.3% | 10.4% |
现金转化率ASHRLJ
| Q1 26 | — | — | ||
| Q4 25 | — | 566.97× | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | — | 3.56× | ||
| Q1 25 | 0.29× | 4.85× | ||
| Q4 24 | — | 53.09× | ||
| Q3 24 | 4.71× | 3.89× | ||
| Q2 24 | 21.17× | 3.06× |
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% |
RLJ
| Room revenue | $275.3M | 81% |
| Food and beverage revenue | $39.7M | 12% |
| Other revenue | $25.0M | 7% |
