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AdvanSix Inc.（ASIX）与MSA Safety Inc（MSA）财务数据对比。点击上方公司名可切换其他公司
MSA Safety Inc的季度营收约是AdvanSix Inc.的1.4倍（$510.9M vs $359.9M），MSA Safety Inc净利率更高（17.0% vs -0.8%，领先17.8%），AdvanSix Inc.同比增速更快（9.4% vs 2.2%），MSA Safety Inc自由现金流更多（$106.0M vs $36.1M），过去两年MSA Safety Inc的营收复合增速更高（11.2% vs 3.4%）
AdvanSix Inc.是一家美国化工企业，主营尼龙6以及己内酰胺、硫酸铵肥料等相关化工产品。该公司原为霍尼韦尔旗下树脂与化工事业部，于2016年分拆独立，2019年预估营收达14亿美元，其企业历史可追溯至1884年在宾夕法尼亚州法兰克福成立的H. W. Jayne公司。
MSA安全是美国专业安全设备生产供应商，面向建筑、军事、消防、化工、油气等存在高危作业场景的多个行业提供安全防护产品及解决方案，总部位于美国匹兹堡近郊的克兰伯里。
ASIX vs MSA — 直观对比
营收规模更大
MSA
是对方的1.4倍
$359.9M
营收增速更快
ASIX
高出7.1%
2.2%
净利率更高
MSA
高出17.8%
-0.8%
自由现金流更多
MSA
多$69.9M
$36.1M
两年增速更快
MSA
近两年复合增速
3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $359.9M | $510.9M |
| 净利润 | $-2.8M | $86.9M |
| 毛利率 | 7.6% | 46.9% |
| 营业利润率 | -0.7% | 22.3% |
| 净利率 | -0.8% | 17.0% |
| 营收同比 | 9.4% | 2.2% |
| 净利润同比 | -892.9% | -1.2% |
| 每股收益（稀释后） | $-0.11 | $2.22 |
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ASIXMSA
| Q4 25 | $359.9M | $510.9M | ||
| Q3 25 | $374.5M | $468.4M | ||
| Q2 25 | $410.0M | $474.1M | ||
| Q1 25 | $377.8M | $421.3M | ||
| Q4 24 | $329.1M | $499.7M | ||
| Q3 24 | $398.2M | $432.7M | ||
| Q2 24 | $453.5M | $462.5M | ||
| Q1 24 | $336.8M | $413.3M |
净利润ASIXMSA
| Q4 25 | $-2.8M | $86.9M | ||
| Q3 25 | $-2.6M | $69.6M | ||
| Q2 25 | $31.4M | $62.8M | ||
| Q1 25 | $23.3M | $59.6M | ||
| Q4 24 | $352.0K | $87.9M | ||
| Q3 24 | $22.3M | $66.6M | ||
| Q2 24 | $38.9M | $72.2M | ||
| Q1 24 | $-17.4M | $58.1M |
毛利率ASIXMSA
| Q4 25 | 7.6% | 46.9% | ||
| Q3 25 | 6.8% | 46.5% | ||
| Q2 25 | 14.3% | 46.6% | ||
| Q1 25 | 14.2% | 45.9% | ||
| Q4 24 | 3.4% | 46.9% | ||
| Q3 24 | 14.4% | 47.9% | ||
| Q2 24 | 17.9% | 48.2% | ||
| Q1 24 | 0.9% | 47.3% |
营业利润率ASIXMSA
| Q4 25 | -0.7% | 22.3% | ||
| Q3 25 | -0.9% | 20.1% | ||
| Q2 25 | 7.7% | 18.1% | ||
| Q1 25 | 7.7% | 18.5% | ||
| Q4 24 | -3.9% | 23.5% | ||
| Q3 24 | 7.5% | 21.1% | ||
| Q2 24 | 11.5% | 21.6% | ||
| Q1 24 | -7.0% | 19.4% |
净利率ASIXMSA
| Q4 25 | -0.8% | 17.0% | ||
| Q3 25 | -0.7% | 14.9% | ||
| Q2 25 | 7.7% | 13.2% | ||
| Q1 25 | 6.2% | 14.1% | ||
| Q4 24 | 0.1% | 17.6% | ||
| Q3 24 | 5.6% | 15.4% | ||
| Q2 24 | 8.6% | 15.6% | ||
| Q1 24 | -5.2% | 14.1% |
每股收益（稀释后）ASIXMSA
| Q4 25 | $-0.11 | $2.22 | ||
| Q3 25 | $-0.10 | $1.77 | ||
| Q2 25 | $1.15 | $1.59 | ||
| Q1 25 | $0.86 | $1.51 | ||
| Q4 24 | $0.02 | $2.22 | ||
| Q3 24 | $0.82 | $1.69 | ||
| Q2 24 | $1.43 | $1.83 | ||
| Q1 24 | $-0.65 | $1.47 |
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 | $19.8M | $165.1M |
| 总债务越低越好 | — | $580.9M |
| 股东权益账面价值 | $815.2M | $1.4B |
| 总资产 | $1.7B | $2.6B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资ASIXMSA
| Q4 25 | $19.8M | $165.1M | ||
| Q3 25 | $23.7M | $170.0M | ||
| Q2 25 | $18.4M | $147.0M | ||
| Q1 25 | $8.3M | $170.6M | ||
| Q4 24 | $19.6M | $164.6M | ||
| Q3 24 | $17.3M | $154.4M | ||
| Q2 24 | $12.1M | $146.8M | ||
| Q1 24 | $20.6M | $148.3M |
总债务ASIXMSA
| Q4 25 | — | $580.9M | ||
| Q3 25 | — | $628.6M | ||
| Q2 25 | — | $679.3M | ||
| Q1 25 | — | $502.1M | ||
| Q4 24 | — | $508.0M | ||
| Q3 24 | — | $554.7M | ||
| Q2 24 | — | $588.2M | ||
| Q1 24 | — | $596.2M |
股东权益ASIXMSA
| Q4 25 | $815.2M | $1.4B | ||
| Q3 25 | $818.2M | $1.3B | ||
| Q2 25 | $823.7M | $1.3B | ||
| Q1 25 | $794.4M | $1.2B | ||
| Q4 24 | $774.6M | $1.1B | ||
| Q3 24 | $766.4M | $1.1B | ||
| Q2 24 | $746.6M | $1.0B | ||
| Q1 24 | $713.2M | $994.8M |
总资产ASIXMSA
| Q4 25 | $1.7B | $2.6B | ||
| Q3 25 | $1.7B | $2.6B | ||
| Q2 25 | $1.6B | $2.6B | ||
| Q1 25 | $1.6B | $2.2B | ||
| Q4 24 | $1.6B | $2.2B | ||
| Q3 24 | $1.5B | $2.2B | ||
| Q2 24 | $1.5B | $2.2B | ||
| Q1 24 | $1.5B | $2.2B |
负债/权益比ASIXMSA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.54× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | 0.44× | ||
| Q3 24 | — | 0.51× | ||
| Q2 24 | — | 0.57× | ||
| Q1 24 | — | 0.60× |
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 | $63.7M | $122.4M |
| 自由现金流经营现金流 - 资本支出 | $36.1M | $106.0M |
| 自由现金流率自由现金流/营收 | 10.0% | 20.8% |
| 资本支出强度资本支出/营收 | 7.7% | 3.2% |
| 现金转化率经营现金流/净利润 | — | 1.41× |
| 过去12个月自由现金流最近4个季度 | $6.4M | $295.4M |
8季度趋势，按日历期对齐
经营现金流ASIXMSA
| Q4 25 | $63.7M | $122.4M | ||
| Q3 25 | $26.6M | $112.5M | ||
| Q2 25 | $21.1M | $67.2M | ||
| Q1 25 | $11.4M | $61.8M | ||
| Q4 24 | $64.2M | $107.9M | ||
| Q3 24 | $57.3M | $84.3M | ||
| Q2 24 | $50.2M | $53.3M | ||
| Q1 24 | $-36.2M | $50.9M |
自由现金流ASIXMSA
| Q4 25 | $36.1M | $106.0M | ||
| Q3 25 | $66.0K | $100.5M | ||
| Q2 25 | $-7.2M | $37.9M | ||
| Q1 25 | $-22.6M | $51.0M | ||
| Q4 24 | $29.8M | $93.5M | ||
| Q3 24 | $26.8M | $70.1M | ||
| Q2 24 | $16.7M | $39.0M | ||
| Q1 24 | $-71.6M | $39.7M |
自由现金流率ASIXMSA
| Q4 25 | 10.0% | 20.8% | ||
| Q3 25 | 0.0% | 21.4% | ||
| Q2 25 | -1.7% | 8.0% | ||
| Q1 25 | -6.0% | 12.1% | ||
| Q4 24 | 9.1% | 18.7% | ||
| Q3 24 | 6.7% | 16.2% | ||
| Q2 24 | 3.7% | 8.4% | ||
| Q1 24 | -21.3% | 9.6% |
资本支出强度ASIXMSA
| Q4 25 | 7.7% | 3.2% | ||
| Q3 25 | 7.1% | 2.6% | ||
| Q2 25 | 6.9% | 6.2% | ||
| Q1 25 | 9.0% | 2.6% | ||
| Q4 24 | 10.4% | 2.9% | ||
| Q3 24 | 7.7% | 3.3% | ||
| Q2 24 | 7.4% | 3.1% | ||
| Q1 24 | 10.5% | 2.7% |
现金转化率ASIXMSA
| Q4 25 | — | 1.41× | ||
| Q3 25 | — | 1.62× | ||
| Q2 25 | 0.67× | 1.07× | ||
| Q1 25 | 0.49× | 1.04× | ||
| Q4 24 | 182.29× | 1.23× | ||
| Q3 24 | 2.57× | 1.27× | ||
| Q2 24 | 1.29× | 0.74× | ||
| Q1 24 | — | 0.88× |
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
ASIX
| Plant Nutrients | $140.0M | 39% |
| Chemical Intermediates | $92.8M | 26% |
| Caprolactam | $64.4M | 18% |
| Nylon Resins | $62.8M | 17% |
MSA
| Americas Segment | $335.2M | 66% |
| International Segment | $175.7M | 34% |
