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亚什兰（ASH）与STANDARD MOTOR PRODUCTS, INC.（SMP）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STANDARD MOTOR PRODUCTS, INC.的1.0倍（$386.0M vs $385.1M），STANDARD MOTOR PRODUCTS, INC.净利率更高（2.0% vs -3.1%，领先5.2%），STANDARD MOTOR PRODUCTS, INC.同比增速更快（12.2% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $-37.6M），过去两年STANDARD MOTOR PRODUCTS, INC.的营收复合增速更高（7.8% 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。
标准汽车产品公司（SMP）是一家汽车零部件制造商与经销商，由埃利亚斯·法伊夫和拉尔夫·范艾伦于1919年合伙创立，1926年完成法人注册，总部位于纽约长岛市，在纽约证券交易所上市。公司目前设有车辆控制、温控、工程解决方案和尼森斯四大运营板块，为汽车售后市场供应相关零部件产品。
ASH vs SMP — 直观对比
营收规模更大
ASH
是对方的1.0倍
$385.1M
营收增速更快
SMP
高出16.8%
-4.7%
净利率更高
SMP
高出5.2%
-3.1%
自由现金流更多
ASH
多$148.6M
$-37.6M
两年增速更快
SMP
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $385.1M |
| 净利润 | $-12.0M | $7.9M |
| 毛利率 | 27.2% | 31.7% |
| 营业利润率 | -1.6% | 5.6% |
| 净利率 | -3.1% | 2.0% |
| 营收同比 | -4.7% | 12.2% |
| 净利润同比 | 92.7% | 457.9% |
| 每股收益（稀释后） | $-0.26 | $0.34 |
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ASHSMP
| Q4 25 | $386.0M | $385.1M | ||
| Q3 25 | $477.0M | $498.8M | ||
| Q2 25 | $463.0M | $493.9M | ||
| Q1 25 | $479.0M | $413.4M | ||
| Q4 24 | $405.0M | $343.4M | ||
| Q3 24 | $521.0M | $399.3M | ||
| Q2 24 | $544.0M | $389.8M | ||
| Q1 24 | $575.0M | $331.4M |
净利润ASHSMP
| Q4 25 | $-12.0M | $7.9M | ||
| Q3 25 | $31.0M | $-4.3M | ||
| Q2 25 | $-742.0M | $25.2M | ||
| Q1 25 | $31.0M | $12.6M | ||
| Q4 24 | $-165.0M | $-2.2M | ||
| Q3 24 | $17.0M | $3.8M | ||
| Q2 24 | $6.0M | $17.1M | ||
| Q1 24 | $120.0M | $8.8M |
毛利率ASHSMP
| Q4 25 | 27.2% | 31.7% | ||
| Q3 25 | 33.3% | 32.4% | ||
| Q2 25 | 28.5% | 30.6% | ||
| Q1 25 | 30.7% | 30.2% | ||
| Q4 24 | 27.4% | 29.4% | ||
| Q3 24 | 33.2% | 30.4% | ||
| Q2 24 | 34.2% | 28.6% | ||
| Q1 24 | 28.0% | 27.0% |
营业利润率ASHSMP
| Q4 25 | -1.6% | 5.6% | ||
| Q3 25 | 12.8% | 9.5% | ||
| Q2 25 | -152.9% | 8.7% | ||
| Q1 25 | 10.6% | 5.9% | ||
| Q4 24 | -44.2% | 1.1% | ||
| Q3 24 | 6.1% | 9.3% | ||
| Q2 24 | -11.2% | 6.4% | ||
| Q1 24 | 3.7% | 4.4% |
净利率ASHSMP
| Q4 25 | -3.1% | 2.0% | ||
| Q3 25 | 6.5% | -0.9% | ||
| Q2 25 | -160.3% | 5.1% | ||
| Q1 25 | 6.5% | 3.0% | ||
| Q4 24 | -40.7% | -0.6% | ||
| Q3 24 | 3.3% | 1.0% | ||
| Q2 24 | 1.1% | 4.4% | ||
| Q1 24 | 20.9% | 2.7% |
每股收益（稀释后）ASHSMP
| Q4 25 | $-0.26 | $0.34 | ||
| Q3 25 | $0.83 | $-0.19 | ||
| Q2 25 | $-16.21 | $1.13 | ||
| Q1 25 | $0.65 | $0.56 | ||
| Q4 24 | $-3.50 | $-0.09 | ||
| Q3 24 | $0.34 | $0.17 | ||
| Q2 24 | $0.12 | $0.77 | ||
| Q1 24 | $2.39 | $0.39 |
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 | — |
| 总债务越低越好 | $1.4B | $618.7M |
| 股东权益账面价值 | $1.9B | $683.7M |
| 总资产 | $4.5B | $2.0B |
| 负债/权益比越低杠杆越低 | 0.74× | 0.90× |
8季度趋势，按日历期对齐
现金及短期投资ASHSMP
| Q4 25 | $304.0M | — | ||
| Q3 25 | $215.0M | $87.2M | ||
| Q2 25 | $207.0M | $58.8M | ||
| Q1 25 | $168.0M | $50.3M | ||
| Q4 24 | $219.0M | $44.4M | ||
| Q3 24 | $300.0M | $26.3M | ||
| Q2 24 | $399.0M | $26.2M | ||
| Q1 24 | $439.0M | $27.1M |
总债务ASHSMP
| Q4 25 | $1.4B | $618.7M | ||
| Q3 25 | $1.4B | $589.5M | ||
| Q2 25 | $1.4B | $636.6M | ||
| Q1 25 | $1.3B | $650.6M | ||
| Q4 24 | $1.3B | $562.3M | ||
| Q3 24 | $1.3B | $142.8M | ||
| Q2 24 | $1.3B | $208.2M | ||
| Q1 24 | $1.3B | $214.9M |
股东权益ASHSMP
| Q4 25 | $1.9B | $683.7M | ||
| Q3 25 | $1.9B | $677.4M | ||
| Q2 25 | $1.9B | $688.6M | ||
| Q1 25 | $2.6B | $638.0M | ||
| Q4 24 | $2.6B | $615.7M | ||
| Q3 24 | $2.9B | $638.8M | ||
| Q2 24 | $3.0B | $640.0M | ||
| Q1 24 | $3.1B | $639.1M |
总资产ASHSMP
| Q4 25 | $4.5B | $2.0B | ||
| Q3 25 | $4.6B | $2.0B | ||
| Q2 25 | $4.6B | $2.0B | ||
| Q1 25 | $5.2B | $1.9B | ||
| Q4 24 | $5.2B | $1.8B | ||
| Q3 24 | $5.6B | $1.4B | ||
| Q2 24 | $5.7B | $1.4B | ||
| Q1 24 | $5.9B | $1.4B |
负债/权益比ASHSMP
| Q4 25 | 0.74× | 0.90× | ||
| Q3 25 | 0.73× | 0.87× | ||
| Q2 25 | 0.73× | 0.92× | ||
| Q1 25 | 0.52× | 1.02× | ||
| Q4 24 | 0.51× | 0.91× | ||
| Q3 24 | 0.47× | 0.22× | ||
| Q2 24 | 0.45× | 0.33× | ||
| Q1 24 | 0.42× | 0.34× |
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 | $-28.2M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $-37.6M |
| 自由现金流率自由现金流/营收 | 28.8% | -9.8% |
| 资本支出强度资本支出/营收 | 3.6% | 2.4% |
| 现金转化率经营现金流/净利润 | — | -3.59× |
| 过去12个月自由现金流最近4个季度 | $200.0M | $18.7M |
8季度趋势，按日历期对齐
经营现金流ASHSMP
| Q4 25 | $125.0M | $-28.2M | ||
| Q3 25 | $40.0M | $91.6M | ||
| Q2 25 | $115.0M | $54.3M | ||
| Q1 25 | $9.0M | $-60.2M | ||
| Q4 24 | $-30.0M | $-1.5M | ||
| Q3 24 | $80.0M | $88.3M | ||
| Q2 24 | $127.0M | $35.6M | ||
| Q1 24 | $54.0M | $-45.7M |
自由现金流ASHSMP
| Q4 25 | $111.0M | $-37.6M | ||
| Q3 25 | $6.0M | $81.5M | ||
| Q2 25 | $95.0M | $44.2M | ||
| Q1 25 | $-12.0M | $-69.4M | ||
| Q4 24 | $-53.0M | $-11.4M | ||
| Q3 24 | $42.0M | $77.1M | ||
| Q2 24 | $98.0M | $22.7M | ||
| Q1 24 | $20.0M | $-55.8M |
自由现金流率ASHSMP
| Q4 25 | 28.8% | -9.8% | ||
| Q3 25 | 1.3% | 16.3% | ||
| Q2 25 | 20.5% | 8.9% | ||
| Q1 25 | -2.5% | -16.8% | ||
| Q4 24 | -13.1% | -3.3% | ||
| Q3 24 | 8.1% | 19.3% | ||
| Q2 24 | 18.0% | 5.8% | ||
| Q1 24 | 3.5% | -16.8% |
资本支出强度ASHSMP
| Q4 25 | 3.6% | 2.4% | ||
| Q3 25 | 7.1% | 2.0% | ||
| Q2 25 | 4.3% | 2.1% | ||
| Q1 25 | 4.4% | 2.2% | ||
| Q4 24 | 5.7% | 2.9% | ||
| Q3 24 | 7.3% | 2.8% | ||
| Q2 24 | 5.3% | 3.3% | ||
| Q1 24 | 5.9% | 3.0% |
现金转化率ASHSMP
| Q4 25 | — | -3.59× | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | — | 2.15× | ||
| Q1 25 | 0.29× | -4.79× | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.71× | 23.19× | ||
| Q2 24 | 21.17× | 2.09× | ||
| Q1 24 | 0.45× | -5.18× |
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% |
SMP
| Engineered Solutions | $66.1M | 17% |
| Electrical And Safety | $63.6M | 17% |
| Temperature Control | $61.5M | 16% |
| Europe Excluding Poland | $55.5M | 14% |
| Other Thermal Components | $30.7M | 8% |
| Air Conditioning | $22.7M | 6% |
| Commercial Vehicle | $19.7M | 5% |
| All Other | $18.9M | 5% |
| PL | $16.0M | 4% |
| Wire Sets And Other | $11.9M | 3% |
| Engine Efficiency | $10.0M | 3% |
| Construction Agriculture | $7.8M | 2% |
