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亚什兰（ASH）与WillScot Holdings Corp（WSC）财务数据对比。点击上方公司名可切换其他公司
WillScot Holdings Corp的季度营收约是亚什兰的1.5倍（$566.0M vs $386.0M），亚什兰净利率更高（-3.1% vs -33.1%，领先30.0%），亚什兰同比增速更快（-4.7% vs -6.1%），WillScot Holdings Corp自由现金流更多（$149.7M vs $111.0M），过去两年WillScot Holdings Corp的营收复合增速更高（-1.8% 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。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
ASH vs WSC — 直观对比
营收规模更大
WSC
是对方的1.5倍
$386.0M
营收增速更快
ASH
高出1.4%
-6.1%
净利率更高
ASH
高出30.0%
-33.1%
自由现金流更多
WSC
多$38.7M
$111.0M
两年增速更快
WSC
近两年复合增速
-18.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.0M | $566.0M |
| 净利润 | $-12.0M | $-187.3M |
| 毛利率 | 27.2% | 50.4% |
| 营业利润率 | -1.6% | -32.5% |
| 净利率 | -3.1% | -33.1% |
| 营收同比 | -4.7% | -6.1% |
| 净利润同比 | 92.7% | -310.0% |
| 每股收益（稀释后） | $-0.26 | $-1.02 |
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ASHWSC
| Q4 25 | $386.0M | $566.0M | ||
| Q3 25 | $477.0M | $566.8M | ||
| Q2 25 | $463.0M | $589.1M | ||
| Q1 25 | $479.0M | $559.6M | ||
| Q4 24 | $405.0M | $602.5M | ||
| Q3 24 | $521.0M | $601.4M | ||
| Q2 24 | $544.0M | $604.6M | ||
| Q1 24 | $575.0M | $587.2M |
净利润ASHWSC
| Q4 25 | $-12.0M | $-187.3M | ||
| Q3 25 | $31.0M | $43.3M | ||
| Q2 25 | $-742.0M | $47.9M | ||
| Q1 25 | $31.0M | $43.1M | ||
| Q4 24 | $-165.0M | $89.2M | ||
| Q3 24 | $17.0M | $-70.5M | ||
| Q2 24 | $6.0M | $-46.9M | ||
| Q1 24 | $120.0M | $56.2M |
毛利率ASHWSC
| Q4 25 | 27.2% | 50.4% | ||
| Q3 25 | 33.3% | 49.7% | ||
| Q2 25 | 28.5% | 50.3% | ||
| Q1 25 | 30.7% | 53.7% | ||
| Q4 24 | 27.4% | 55.8% | ||
| Q3 24 | 33.2% | 53.5% | ||
| Q2 24 | 34.2% | 54.1% | ||
| Q1 24 | 28.0% | 54.0% |
营业利润率ASHWSC
| Q4 25 | -1.6% | -32.5% | ||
| Q3 25 | 12.8% | 21.0% | ||
| Q2 25 | -152.9% | 21.5% | ||
| Q1 25 | 10.6% | 21.3% | ||
| Q4 24 | -44.2% | 28.9% | ||
| Q3 24 | 6.1% | -5.9% | ||
| Q2 24 | -11.2% | -0.9% | ||
| Q1 24 | 3.7% | 22.1% |
净利率ASHWSC
| Q4 25 | -3.1% | -33.1% | ||
| Q3 25 | 6.5% | 7.6% | ||
| Q2 25 | -160.3% | 8.1% | ||
| Q1 25 | 6.5% | 7.7% | ||
| Q4 24 | -40.7% | 14.8% | ||
| Q3 24 | 3.3% | -11.7% | ||
| Q2 24 | 1.1% | -7.7% | ||
| Q1 24 | 20.9% | 9.6% |
每股收益（稀释后）ASHWSC
| Q4 25 | $-0.26 | $-1.02 | ||
| Q3 25 | $0.83 | $0.24 | ||
| Q2 25 | $-16.21 | $0.26 | ||
| Q1 25 | $0.65 | $0.23 | ||
| Q4 24 | $-3.50 | $0.48 | ||
| Q3 24 | $0.34 | $-0.37 | ||
| Q2 24 | $0.12 | $-0.25 | ||
| Q1 24 | $2.39 | $0.29 |
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 | $14.6M |
| 总债务越低越好 | $1.4B | $3.6B |
| 股东权益账面价值 | $1.9B | $856.3M |
| 总资产 | $4.5B | $5.8B |
| 负债/权益比越低杠杆越低 | 0.74× | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资ASHWSC
| Q4 25 | $304.0M | $14.6M | ||
| Q3 25 | $215.0M | $14.8M | ||
| Q2 25 | $207.0M | $12.8M | ||
| Q1 25 | $168.0M | $10.7M | ||
| Q4 24 | $219.0M | $9.0M | ||
| Q3 24 | $300.0M | $11.0M | ||
| Q2 24 | $399.0M | $5.9M | ||
| Q1 24 | $439.0M | $13.1M |
总债务ASHWSC
| Q4 25 | $1.4B | $3.6B | ||
| Q3 25 | $1.4B | $3.6B | ||
| Q2 25 | $1.4B | $3.7B | ||
| Q1 25 | $1.3B | $3.6B | ||
| Q4 24 | $1.3B | $3.7B | ||
| Q3 24 | $1.3B | $3.6B | ||
| Q2 24 | $1.3B | $3.5B | ||
| Q1 24 | $1.3B | $3.5B |
股东权益ASHWSC
| Q4 25 | $1.9B | $856.3M | ||
| Q3 25 | $1.9B | $1.1B | ||
| Q2 25 | $1.9B | $1.0B | ||
| Q1 25 | $2.6B | $1.0B | ||
| Q4 24 | $2.6B | $1.0B | ||
| Q3 24 | $2.9B | $1.1B | ||
| Q2 24 | $3.0B | $1.2B | ||
| Q1 24 | $3.1B | $1.3B |
总资产ASHWSC
| Q4 25 | $4.5B | $5.8B | ||
| Q3 25 | $4.6B | $6.1B | ||
| Q2 25 | $4.6B | $6.1B | ||
| Q1 25 | $5.2B | $6.0B | ||
| Q4 24 | $5.2B | $6.0B | ||
| Q3 24 | $5.6B | $6.0B | ||
| Q2 24 | $5.7B | $6.0B | ||
| Q1 24 | $5.9B | $6.2B |
负债/权益比ASHWSC
| Q4 25 | 0.74× | 4.15× | ||
| Q3 25 | 0.73× | 3.39× | ||
| Q2 25 | 0.73× | 3.55× | ||
| Q1 25 | 0.52× | 3.56× | ||
| Q4 24 | 0.51× | 3.62× | ||
| Q3 24 | 0.47× | 3.42× | ||
| Q2 24 | 0.45× | 2.88× | ||
| Q1 24 | 0.42× | 2.63× |
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 | $158.9M |
| 自由现金流经营现金流 - 资本支出 | $111.0M | $149.7M |
| 自由现金流率自由现金流/营收 | 28.8% | 26.5% |
| 资本支出强度资本支出/营收 | 3.6% | 1.6% |
| 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 | $737.7M |
8季度趋势，按日历期对齐
经营现金流ASHWSC
| Q4 25 | $125.0M | $158.9M | ||
| Q3 25 | $40.0M | $191.2M | ||
| Q2 25 | $115.0M | $205.3M | ||
| Q1 25 | $9.0M | $206.6M | ||
| Q4 24 | $-30.0M | $178.9M | ||
| Q3 24 | $80.0M | $-1.6M | ||
| Q2 24 | $127.0M | $175.6M | ||
| Q1 24 | $54.0M | $208.7M |
自由现金流ASHWSC
| Q4 25 | $111.0M | $149.7M | ||
| Q3 25 | $6.0M | $186.9M | ||
| Q2 25 | $95.0M | $199.0M | ||
| Q1 25 | $-12.0M | $202.0M | ||
| Q4 24 | $-53.0M | $176.6M | ||
| Q3 24 | $42.0M | $-4.9M | ||
| Q2 24 | $98.0M | $169.4M | ||
| Q1 24 | $20.0M | $202.1M |
自由现金流率ASHWSC
| Q4 25 | 28.8% | 26.5% | ||
| Q3 25 | 1.3% | 33.0% | ||
| Q2 25 | 20.5% | 33.8% | ||
| Q1 25 | -2.5% | 36.1% | ||
| Q4 24 | -13.1% | 29.3% | ||
| Q3 24 | 8.1% | -0.8% | ||
| Q2 24 | 18.0% | 28.0% | ||
| Q1 24 | 3.5% | 34.4% |
资本支出强度ASHWSC
| Q4 25 | 3.6% | 1.6% | ||
| Q3 25 | 7.1% | 0.7% | ||
| Q2 25 | 4.3% | 1.1% | ||
| Q1 25 | 4.4% | 0.8% | ||
| Q4 24 | 5.7% | 0.4% | ||
| Q3 24 | 7.3% | 0.6% | ||
| Q2 24 | 5.3% | 1.0% | ||
| Q1 24 | 5.9% | 1.1% |
现金转化率ASHWSC
| Q4 25 | — | — | ||
| Q3 25 | 1.29× | 4.41× | ||
| Q2 25 | — | 4.28× | ||
| Q1 25 | 0.29× | 4.80× | ||
| Q4 24 | — | 2.01× | ||
| Q3 24 | 4.71× | — | ||
| Q2 24 | 21.17× | — | ||
| Q1 24 | 0.45× | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
