vs
AdvanSix Inc.（ASIX）与PIPER SANDLER COMPANIES（PIPR）财务数据对比。点击上方公司名可切换其他公司
PIPER SANDLER COMPANIES的季度营收约是AdvanSix Inc.的1.9倍（$667.0M vs $359.9M），PIPER SANDLER COMPANIES净利率更高（17.1% vs -0.8%，领先17.9%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs 9.4%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% 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。
Piper Sandler是一家美国跨国投资银行及金融服务提供商，核心业务覆盖并购重组、财务重整、公开募股、公共财政、机构经纪、投资管理、证券研究等领域，通过旗下核心子公司Piper Sandler & Co.为企业、机构投资者及公共组织提供专业金融服务。
ASIX vs PIPR — 直观对比
营收规模更大
PIPR
是对方的1.9倍
$359.9M
营收增速更快
PIPR
高出28.0%
9.4%
净利率更高
PIPR
高出17.9%
-0.8%
两年增速更快
PIPR
近两年复合增速
3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $359.9M | $667.0M |
| 净利润 | $-2.8M | $114.0M |
| 毛利率 | 7.6% | — |
| 营业利润率 | -0.7% | 28.3% |
| 净利率 | -0.8% | 17.1% |
| 营收同比 | 9.4% | 37.4% |
| 净利润同比 | -892.9% | 65.0% |
| 每股收益（稀释后） | $-0.11 | $6.41 |
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ASIXPIPR
| Q4 25 | $359.9M | $667.0M | ||
| Q3 25 | $374.5M | $480.1M | ||
| Q2 25 | $410.0M | $398.6M | ||
| Q1 25 | $377.8M | $358.6M | ||
| Q4 24 | $329.1M | $485.4M | ||
| Q3 24 | $398.2M | $360.9M | ||
| Q2 24 | $453.5M | $340.8M | ||
| Q1 24 | $336.8M | $344.4M |
净利润ASIXPIPR
| Q4 25 | $-2.8M | $114.0M | ||
| Q3 25 | $-2.6M | $60.3M | ||
| Q2 25 | $31.4M | $42.2M | ||
| Q1 25 | $23.3M | $64.9M | ||
| Q4 24 | $352.0K | $69.1M | ||
| Q3 24 | $22.3M | $34.8M | ||
| Q2 24 | $38.9M | $34.8M | ||
| Q1 24 | $-17.4M | $42.5M |
毛利率ASIXPIPR
| Q4 25 | 7.6% | — | ||
| Q3 25 | 6.8% | — | ||
| Q2 25 | 14.3% | — | ||
| Q1 25 | 14.2% | — | ||
| Q4 24 | 3.4% | — | ||
| Q3 24 | 14.4% | — | ||
| Q2 24 | 17.9% | — | ||
| Q1 24 | 0.9% | — |
营业利润率ASIXPIPR
| Q4 25 | -0.7% | 28.3% | ||
| Q3 25 | -0.9% | 22.4% | ||
| Q2 25 | 7.7% | 12.3% | ||
| Q1 25 | 7.7% | 8.2% | ||
| Q4 24 | -3.9% | 16.9% | ||
| Q3 24 | 7.5% | 15.4% | ||
| Q2 24 | 11.5% | 8.3% | ||
| Q1 24 | -7.0% | 15.2% |
净利率ASIXPIPR
| Q4 25 | -0.8% | 17.1% | ||
| Q3 25 | -0.7% | 12.6% | ||
| Q2 25 | 7.7% | 10.6% | ||
| Q1 25 | 6.2% | 18.1% | ||
| Q4 24 | 0.1% | 14.2% | ||
| Q3 24 | 5.6% | 9.6% | ||
| Q2 24 | 8.6% | 10.2% | ||
| Q1 24 | -5.2% | 12.3% |
每股收益（稀释后）ASIXPIPR
| Q4 25 | $-0.11 | $6.41 | ||
| Q3 25 | $-0.10 | $3.38 | ||
| Q2 25 | $1.15 | $2.38 | ||
| Q1 25 | $0.86 | $3.65 | ||
| Q4 24 | $0.02 | $3.88 | ||
| Q3 24 | $0.82 | $1.96 | ||
| Q2 24 | $1.43 | $1.97 | ||
| Q1 24 | $-0.65 | $2.43 |
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 | — |
| 总债务越低越好 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ASIXPIPR
| Q4 25 | $19.8M | — | ||
| Q3 25 | $23.7M | — | ||
| Q2 25 | $18.4M | — | ||
| Q1 25 | $8.3M | — | ||
| Q4 24 | $19.6M | — | ||
| Q3 24 | $17.3M | — | ||
| Q2 24 | $12.1M | — | ||
| Q1 24 | $20.6M | — |
股东权益ASIXPIPR
| Q4 25 | $815.2M | $1.4B | ||
| Q3 25 | $818.2M | $1.3B | ||
| Q2 25 | $823.7M | $1.2B | ||
| Q1 25 | $794.4M | $1.2B | ||
| Q4 24 | $774.6M | $1.2B | ||
| Q3 24 | $766.4M | $1.2B | ||
| Q2 24 | $746.6M | $1.1B | ||
| Q1 24 | $713.2M | $1.1B |
总资产ASIXPIPR
| Q4 25 | $1.7B | $2.6B | ||
| Q3 25 | $1.7B | $2.2B | ||
| Q2 25 | $1.6B | $2.0B | ||
| Q1 25 | $1.6B | $1.8B | ||
| Q4 24 | $1.6B | $2.3B | ||
| Q3 24 | $1.5B | $2.0B | ||
| Q2 24 | $1.5B | $1.9B | ||
| Q1 24 | $1.5B | $1.8B |
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 | $729.8M |
| 自由现金流经营现金流 - 资本支出 | $36.1M | — |
| 自由现金流率自由现金流/营收 | 10.0% | — |
| 资本支出强度资本支出/营收 | 7.7% | — |
| 现金转化率经营现金流/净利润 | — | 6.40× |
| 过去12个月自由现金流最近4个季度 | $6.4M | — |
8季度趋势，按日历期对齐
经营现金流ASIXPIPR
| Q4 25 | $63.7M | $729.8M | ||
| Q3 25 | $26.6M | $31.9M | ||
| Q2 25 | $21.1M | $32.1M | ||
| Q1 25 | $11.4M | $-207.2M | ||
| Q4 24 | $64.2M | $163.8M | ||
| Q3 24 | $57.3M | $80.1M | ||
| Q2 24 | $50.2M | $266.5M | ||
| Q1 24 | $-36.2M | $-197.2M |
自由现金流ASIXPIPR
| Q4 25 | $36.1M | — | ||
| Q3 25 | $66.0K | — | ||
| Q2 25 | $-7.2M | — | ||
| Q1 25 | $-22.6M | — | ||
| Q4 24 | $29.8M | — | ||
| Q3 24 | $26.8M | — | ||
| Q2 24 | $16.7M | — | ||
| Q1 24 | $-71.6M | — |
自由现金流率ASIXPIPR
| Q4 25 | 10.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | -1.7% | — | ||
| Q1 25 | -6.0% | — | ||
| Q4 24 | 9.1% | — | ||
| Q3 24 | 6.7% | — | ||
| Q2 24 | 3.7% | — | ||
| Q1 24 | -21.3% | — |
资本支出强度ASIXPIPR
| Q4 25 | 7.7% | — | ||
| Q3 25 | 7.1% | — | ||
| Q2 25 | 6.9% | — | ||
| Q1 25 | 9.0% | — | ||
| Q4 24 | 10.4% | — | ||
| Q3 24 | 7.7% | — | ||
| Q2 24 | 7.4% | — | ||
| Q1 24 | 10.5% | — |
现金转化率ASIXPIPR
| Q4 25 | — | 6.40× | ||
| Q3 25 | — | 0.53× | ||
| Q2 25 | 0.67× | 0.76× | ||
| Q1 25 | 0.49× | -3.19× | ||
| Q4 24 | 182.29× | 2.37× | ||
| Q3 24 | 2.57× | 2.30× | ||
| Q2 24 | 1.29× | 7.66× | ||
| Q1 24 | — | -4.64× |
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% |
PIPR
| Advisory Services | $402.6M | 60% |
| Equities Financing | $66.7M | 10% |
| Equity Salesand Trading | $64.2M | 10% |
| Fixed Income Salesand Trading | $47.9M | 7% |
| Other | $46.7M | 7% |
| Debt Financing | $38.9M | 6% |
