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ASPEN AEROGELS INC（ASPN）与BOISE CASCADE Co（BCC）财务数据对比。点击上方公司名可切换其他公司
BOISE CASCADE Co的季度营收约是ASPEN AEROGELS INC的35.3倍（$1.5B vs $41.3M）。BOISE CASCADE Co净利率更高（0.6% vs -176.4%，领先177.0%）。BOISE CASCADE Co同比增速更快（-6.8% vs -66.4%）。BOISE CASCADE Co自由现金流更多（$77.0M vs $13.7M）。过去两年BOISE CASCADE Co的营收复合增速更高（-5.8% vs -33.9%）
Aspen Aerogels Inc是全球领先的气凝胶基高性能隔热及热管理材料生产商，产品广泛应用于可再生能源、油气基础设施、航空航天、商业建筑与工业制造领域，核心市场覆盖北美、欧洲及亚太地区，旗下材料以优异的耐热性、防火性能和轻量化特性广受客户认可。
博伊西卡斯卡德公司是总部位于美国爱达荷州博伊西的企业，主营木制品制造与建筑材料批发分销业务，产品覆盖各类建筑用木材及相关建材，为建筑行业客户提供稳定的供应链支持。
ASPN vs BCC — 直观对比
营收规模更大
BCC
是对方的35.3倍
$41.3M
营收增速更快
BCC
高出59.6%
-66.4%
净利率更高
BCC
高出177.0%
-176.4%
自由现金流更多
BCC
多$63.4M
$13.7M
两年增速更快
BCC
近两年复合增速
-33.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $41.3M | $1.5B |
| 净利润 | $-72.9M | $8.7M |
| 毛利率 | -55.5% | — |
| 营业利润率 | -170.3% | 1.1% |
| 净利率 | -176.4% | 0.6% |
| 营收同比 | -66.4% | -6.8% |
| 净利润同比 | -741.7% | -87.3% |
| 每股收益（稀释后） | $-0.87 | $0.25 |
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ASPNBCC
| Q4 25 | $41.3M | $1.5B | ||
| Q3 25 | $73.0M | $1.7B | ||
| Q2 25 | $78.0M | $1.7B | ||
| Q1 25 | $78.7M | $1.5B | ||
| Q4 24 | $123.1M | $1.6B | ||
| Q3 24 | $117.3M | $1.7B | ||
| Q2 24 | $117.8M | $1.8B | ||
| Q1 24 | $94.5M | $1.6B |
净利润ASPNBCC
| Q4 25 | $-72.9M | $8.7M | ||
| Q3 25 | $-6.3M | $21.8M | ||
| Q2 25 | $-9.1M | $62.0M | ||
| Q1 25 | $-301.2M | $40.3M | ||
| Q4 24 | $11.4M | $68.9M | ||
| Q3 24 | $-13.0M | $91.0M | ||
| Q2 24 | $16.8M | $112.3M | ||
| Q1 24 | $-1.8M | $104.1M |
毛利率ASPNBCC
| Q4 25 | -55.5% | — | ||
| Q3 25 | 28.5% | — | ||
| Q2 25 | 32.4% | — | ||
| Q1 25 | 29.0% | — | ||
| Q4 24 | 38.3% | — | ||
| Q3 24 | 41.8% | — | ||
| Q2 24 | 43.8% | — | ||
| Q1 24 | 37.2% | — |
营业利润率ASPNBCC
| Q4 25 | -170.3% | 1.1% | ||
| Q3 25 | -4.6% | 1.9% | ||
| Q2 25 | -6.6% | 4.6% | ||
| Q1 25 | -380.2% | 3.5% | ||
| Q4 24 | 12.0% | 5.9% | ||
| Q3 24 | 14.8% | 6.8% | ||
| Q2 24 | 17.0% | 8.2% | ||
| Q1 24 | 2.6% | 8.1% |
净利率ASPNBCC
| Q4 25 | -176.4% | 0.6% | ||
| Q3 25 | -8.7% | 1.3% | ||
| Q2 25 | -11.6% | 3.6% | ||
| Q1 25 | -382.7% | 2.6% | ||
| Q4 24 | 9.2% | 4.4% | ||
| Q3 24 | -11.1% | 5.3% | ||
| Q2 24 | 14.3% | 6.2% | ||
| Q1 24 | -1.9% | 6.3% |
每股收益（稀释后）ASPNBCC
| Q4 25 | $-0.87 | $0.25 | ||
| Q3 25 | $-0.08 | $0.58 | ||
| Q2 25 | $-0.11 | $1.64 | ||
| Q1 25 | $-3.67 | $1.06 | ||
| Q4 24 | $0.15 | $1.79 | ||
| Q3 24 | $-0.17 | $2.33 | ||
| Q2 24 | $0.21 | $2.84 | ||
| Q1 24 | $-0.02 | $2.61 |
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 | $156.9M | $477.2M |
| 总债务越低越好 | $65.5M | — |
| 股东权益账面价值 | $235.5M | $2.1B |
| 总资产 | $406.7M | $3.2B |
| 负债/权益比越低杠杆越低 | 0.28× | — |
8季度趋势，按日历期对齐
现金及短期投资ASPNBCC
| Q4 25 | $156.9M | $477.2M | ||
| Q3 25 | $150.7M | $511.8M | ||
| Q2 25 | $167.6M | $481.0M | ||
| Q1 25 | $192.0M | $561.8M | ||
| Q4 24 | $220.9M | $713.3M | ||
| Q3 24 | $113.5M | $761.6M | ||
| Q2 24 | $91.4M | $922.1M | ||
| Q1 24 | $101.5M | $890.2M |
总债务ASPNBCC
| Q4 25 | $65.5M | — | ||
| Q3 25 | $70.1M | — | ||
| Q2 25 | $77.3M | — | ||
| Q1 25 | $95.4M | — | ||
| Q4 24 | $95.0M | — | ||
| Q3 24 | $93.7M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ASPNBCC
| Q4 25 | $235.5M | $2.1B | ||
| Q3 25 | $305.7M | $2.1B | ||
| Q2 25 | $308.8M | $2.2B | ||
| Q1 25 | $314.8M | $2.1B | ||
| Q4 24 | $614.7M | $2.2B | ||
| Q3 24 | $507.6M | $2.1B | ||
| Q2 24 | $517.8M | $2.3B | ||
| Q1 24 | $491.2M | $2.3B |
总资产ASPNBCC
| Q4 25 | $406.7M | $3.2B | ||
| Q3 25 | $491.4M | $3.4B | ||
| Q2 25 | $525.1M | $3.4B | ||
| Q1 25 | $555.0M | $3.5B | ||
| Q4 24 | $895.1M | $3.4B | ||
| Q3 24 | $782.6M | $3.4B | ||
| Q2 24 | $748.6M | $3.7B | ||
| Q1 24 | $698.0M | $3.6B |
负债/权益比ASPNBCC
| Q4 25 | 0.28× | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.25× | — | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | 0.15× | — | ||
| Q3 24 | 0.18× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $16.1M | $131.0M |
| 自由现金流经营现金流 - 资本支出 | $13.7M | $77.0M |
| 自由现金流率自由现金流/营收 | 33.1% | 5.3% |
| 资本支出强度资本支出/营收 | 6.0% | 3.7% |
| 现金转化率经营现金流/净利润 | — | 15.00× |
| 过去12个月自由现金流最近4个季度 | $-4.6M | $12.7M |
8季度趋势，按日历期对齐
经营现金流ASPNBCC
| Q4 25 | $16.1M | $131.0M | ||
| Q3 25 | $15.0M | $118.4M | ||
| Q2 25 | $-3.9M | $33.2M | ||
| Q1 25 | $5.6M | $-28.5M | ||
| Q4 24 | $35.7M | $94.6M | ||
| Q3 24 | $20.8M | $174.6M | ||
| Q2 24 | $6.8M | $141.7M | ||
| Q1 24 | $-17.7M | $27.5M |
自由现金流ASPNBCC
| Q4 25 | $13.7M | $77.0M | ||
| Q3 25 | $5.9M | $63.2M | ||
| Q2 25 | $-16.8M | $-45.9M | ||
| Q1 25 | $-7.4M | $-81.7M | ||
| Q4 24 | $20.9M | $759.0K | ||
| Q3 24 | $-50.0K | $112.9M | ||
| Q2 24 | $-18.0M | $101.9M | ||
| Q1 24 | $-43.6M | $-6.9M |
自由现金流率ASPNBCC
| Q4 25 | 33.1% | 5.3% | ||
| Q3 25 | 8.1% | 3.8% | ||
| Q2 25 | -21.6% | -2.6% | ||
| Q1 25 | -9.4% | -5.3% | ||
| Q4 24 | 17.0% | 0.0% | ||
| Q3 24 | -0.0% | 6.6% | ||
| Q2 24 | -15.3% | 5.7% | ||
| Q1 24 | -46.1% | -0.4% |
资本支出强度ASPNBCC
| Q4 25 | 6.0% | 3.7% | ||
| Q3 25 | 12.5% | 3.3% | ||
| Q2 25 | 16.5% | 4.5% | ||
| Q1 25 | 16.5% | 3.5% | ||
| Q4 24 | 12.0% | 6.0% | ||
| Q3 24 | 17.7% | 3.6% | ||
| Q2 24 | 21.1% | 2.2% | ||
| Q1 24 | 27.4% | 2.1% |
现金转化率ASPNBCC
| Q4 25 | — | 15.00× | ||
| Q3 25 | — | 5.44× | ||
| Q2 25 | — | 0.54× | ||
| Q1 25 | — | -0.71× | ||
| Q4 24 | 3.14× | 1.37× | ||
| Q3 24 | — | 1.92× | ||
| Q2 24 | 0.41× | 1.26× | ||
| Q1 24 | — | 0.26× |
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
ASPN
| Energy Industrial | $14.5M | 35% |
| Other | $13.9M | 34% |
| Thermal Barrier | $12.9M | 31% |
BCC
| General Line | $626.6M | 43% |
| Commodity Product Line | $479.9M | 33% |
| Engineered Wood Products | $256.6M | 18% |
| Plywood And Veneer | $53.3M | 4% |
| Lumber | $10.1M | 1% |
| Laminated Veneer Lumber | $8.9M | 1% |
| Other Wood Products | $4.7M | 0% |
| Other Engineered Wood Products | $3.5M | 0% |
| Ijoists | $3.3M | 0% |
