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亚什兰（ASH）与全食超市（SMPL）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全食超市的1.1倍（$386.0M vs $340.2M），全食超市净利率更高（7.4% vs -3.1%，领先10.5%），全食超市同比增速更快（-0.3% vs -4.7%），亚什兰自由现金流更多（$111.0M vs $48.0M），过去两年全食超市的营收复合增速更高（3.0% 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。
全食超市是总部位于美国得克萨斯州奥斯汀的跨国连锁超市，现为亚马逊全资旗下品牌。门店主打无氢化脂肪、人工色素、人工香精、防腐剂的天然食品，是美国农业部认证的有机食品零售商，以丰富的有机商品选择深受消费者欢迎。
ASH vs SMPL — 直观对比
营收规模更大
ASH
是对方的1.1倍
$340.2M
营收增速更快
SMPL
高出4.4%
-4.7%
净利率更高
SMPL
高出10.5%
-3.1%
自由现金流更多
ASH
多$63.0M
$48.0M
两年增速更快
SMPL
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $340.2M |
| 净利润 | $-12.0M | $25.3M |
| 毛利率 | 27.2% | 32.3% |
| 营业利润率 | -1.6% | 11.0% |
| 净利率 | -3.1% | 7.4% |
| 营收同比 | -4.7% | -0.3% |
| 净利润同比 | 92.7% | -33.7% |
| 每股收益（稀释后） | $-0.26 | $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ASHSMPL
| Q4 25 | $386.0M | $340.2M | ||
| Q3 25 | $477.0M | — | ||
| Q2 25 | $463.0M | $381.0M | ||
| Q1 25 | $479.0M | — | ||
| Q4 24 | $405.0M | $341.3M | ||
| Q3 24 | $521.0M | $375.7M | ||
| Q2 24 | $544.0M | $334.8M | ||
| Q1 24 | $575.0M | $312.2M |
净利润ASHSMPL
| Q4 25 | $-12.0M | $25.3M | ||
| Q3 25 | $31.0M | — | ||
| Q2 25 | $-742.0M | $41.1M | ||
| Q1 25 | $31.0M | — | ||
| Q4 24 | $-165.0M | $38.1M | ||
| Q3 24 | $17.0M | $29.3M | ||
| Q2 24 | $6.0M | $41.3M | ||
| Q1 24 | $120.0M | $33.1M |
毛利率ASHSMPL
| Q4 25 | 27.2% | 32.3% | ||
| Q3 25 | 33.3% | — | ||
| Q2 25 | 28.5% | 36.4% | ||
| Q1 25 | 30.7% | — | ||
| Q4 24 | 27.4% | 38.2% | ||
| Q3 24 | 33.2% | 38.8% | ||
| Q2 24 | 34.2% | 39.9% | ||
| Q1 24 | 28.0% | 37.4% |
营业利润率ASHSMPL
| Q4 25 | -1.6% | 11.0% | ||
| Q3 25 | 12.8% | — | ||
| Q2 25 | -152.9% | 15.6% | ||
| Q1 25 | 10.6% | — | ||
| Q4 24 | -44.2% | 16.0% | ||
| Q3 24 | 6.1% | 12.7% | ||
| Q2 24 | -11.2% | 17.6% | ||
| Q1 24 | 3.7% | 15.4% |
净利率ASHSMPL
| Q4 25 | -3.1% | 7.4% | ||
| Q3 25 | 6.5% | — | ||
| Q2 25 | -160.3% | 10.8% | ||
| Q1 25 | 6.5% | — | ||
| Q4 24 | -40.7% | 11.2% | ||
| Q3 24 | 3.3% | 7.8% | ||
| Q2 24 | 1.1% | 12.3% | ||
| Q1 24 | 20.9% | 10.6% |
每股收益（稀释后）ASHSMPL
| Q4 25 | $-0.26 | $0.26 | ||
| Q3 25 | $0.83 | — | ||
| Q2 25 | $-16.21 | $0.40 | ||
| Q1 25 | $0.65 | — | ||
| Q4 24 | $-3.50 | $0.38 | ||
| Q3 24 | $0.34 | $0.29 | ||
| Q2 24 | $0.12 | $0.41 | ||
| Q1 24 | $2.39 | $0.33 |
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 | $194.1M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $1.9B | $1.7B |
| 总资产 | $4.5B | $2.5B |
| 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ASHSMPL
| Q4 25 | $304.0M | $194.1M | ||
| Q3 25 | $215.0M | — | ||
| Q2 25 | $207.0M | $98.0M | ||
| Q1 25 | $168.0M | — | ||
| Q4 24 | $219.0M | $121.8M | ||
| Q3 24 | $300.0M | $132.5M | ||
| Q2 24 | $399.0M | $208.7M | ||
| Q1 24 | $439.0M | $135.9M |
总债务ASHSMPL
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | $397.5M | ||
| Q2 24 | $1.3B | $237.7M | ||
| Q1 24 | $1.3B | $237.7M |
股东权益ASHSMPL
| Q4 25 | $1.9B | $1.7B | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.9B | $1.8B | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | $1.8B | ||
| Q3 24 | $2.9B | $1.7B | ||
| Q2 24 | $3.0B | $1.7B | ||
| Q1 24 | $3.1B | $1.6B |
总资产ASHSMPL
| Q4 25 | $4.5B | $2.5B | ||
| Q3 25 | $4.6B | — | ||
| Q2 25 | $4.6B | $2.4B | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | $5.2B | $2.4B | ||
| Q3 24 | $5.6B | $2.4B | ||
| Q2 24 | $5.7B | $2.2B | ||
| Q1 24 | $5.9B | $2.1B |
负债/权益比ASHSMPL
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.47× | 0.23× | ||
| Q2 24 | 0.45× | 0.14× | ||
| Q1 24 | 0.42× | 0.14× |
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 | $50.1M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $48.0M |
| 自由现金流率自由现金流/营收 | 28.8% | 14.1% |
| 资本支出强度资本支出/营收 | 3.6% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 1.98× |
| 过去12个月自由现金流最近4个季度 | $200.0M | $223.6M |
8季度趋势，按日历期对齐
经营现金流ASHSMPL
| Q4 25 | $125.0M | $50.1M | ||
| Q3 25 | $40.0M | — | ||
| Q2 25 | $115.0M | $101.1M | ||
| Q1 25 | $9.0M | — | ||
| Q4 24 | $-30.0M | $32.0M | ||
| Q3 24 | $80.0M | $48.9M | ||
| Q2 24 | $127.0M | $72.8M | ||
| Q1 24 | $54.0M | $46.5M |
自由现金流ASHSMPL
| Q4 25 | $111.0M | $48.0M | ||
| Q3 25 | $6.0M | — | ||
| Q2 25 | $95.0M | $98.9M | ||
| Q1 25 | $-12.0M | — | ||
| Q4 24 | $-53.0M | $31.7M | ||
| Q3 24 | $42.0M | $45.0M | ||
| Q2 24 | $98.0M | $72.0M | ||
| Q1 24 | $20.0M | $46.1M |
自由现金流率ASHSMPL
| Q4 25 | 28.8% | 14.1% | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 20.5% | 25.9% | ||
| Q1 25 | -2.5% | — | ||
| Q4 24 | -13.1% | 9.3% | ||
| Q3 24 | 8.1% | 12.0% | ||
| Q2 24 | 18.0% | 21.5% | ||
| Q1 24 | 3.5% | 14.8% |
资本支出强度ASHSMPL
| Q4 25 | 3.6% | 0.6% | ||
| Q3 25 | 7.1% | — | ||
| Q2 25 | 4.3% | 0.6% | ||
| Q1 25 | 4.4% | — | ||
| Q4 24 | 5.7% | 0.1% | ||
| Q3 24 | 7.3% | 1.0% | ||
| Q2 24 | 5.3% | 0.2% | ||
| Q1 24 | 5.9% | 0.1% |
现金转化率ASHSMPL
| Q4 25 | — | 1.98× | ||
| Q3 25 | 1.29× | — | ||
| Q2 25 | — | 2.46× | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | — | 0.84× | ||
| Q3 24 | 4.71× | 1.67× | ||
| Q2 24 | 21.17× | 1.76× | ||
| Q1 24 | 0.45× | 1.40× |
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% |
SMPL
| Quest | $211.4M | 62% |
| Atkins Domain | $79.7M | 23% |
| OWYN | $28.1M | 8% |
| Other | $20.9M | 6% |
