vs
普立万（AVNT）与优尼威尔（DSGR）财务数据对比。点击上方公司名可切换其他公司
普立万的季度营收约是优尼威尔的1.5倍（$760.6M vs $518.0M），普立万净利率更高（2.2% vs 1.2%，领先1.0%），优尼威尔同比增速更快（10.7% vs 1.9%），普立万自由现金流更多（$125.4M vs $32.9M），过去两年优尼威尔的营收复合增速更高（13.1% vs -4.2%）
普立万公司是一家全球性材料解决方案供应商，总部位于美国俄亥俄州埃文湖，全球员工约9000人。主营产品涵盖色母粒、先进复合材料、功能添加剂以及工程材料，为多行业客户提供定制化的材料相关技术支持与解决方案。
优尼威尔解决方案公司是一家全球化化学品与原料分销商，同时可为客户提供各类增值服务，业务网络覆盖全球多个地区，在化工及原料分销领域拥有丰富的行业经验与资源积累。
AVNT vs DSGR — 直观对比
营收规模更大
AVNT
是对方的1.5倍
$518.0M
营收增速更快
DSGR
高出8.8%
1.9%
净利率更高
AVNT
高出1.0%
1.2%
自由现金流更多
AVNT
多$92.5M
$32.9M
两年增速更快
DSGR
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $760.6M | $518.0M |
| 净利润 | $16.9M | $6.5M |
| 毛利率 | 30.2% | 32.9% |
| 营业利润率 | 5.2% | 4.6% |
| 净利率 | 2.2% | 1.2% |
| 营收同比 | 1.9% | 10.7% |
| 净利润同比 | -65.0% | -70.6% |
| 每股收益（稀释后） | $0.18 | $0.14 |
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AVNTDSGR
| Q4 25 | $760.6M | — | ||
| Q3 25 | $806.5M | $518.0M | ||
| Q2 25 | $866.5M | $502.4M | ||
| Q1 25 | $826.6M | $478.0M | ||
| Q4 24 | $746.5M | $480.5M | ||
| Q3 24 | $815.2M | $468.0M | ||
| Q2 24 | $849.7M | $439.5M | ||
| Q1 24 | $829.0M | $416.1M |
净利润AVNTDSGR
| Q4 25 | $16.9M | — | ||
| Q3 25 | $32.6M | $6.5M | ||
| Q2 25 | $52.6M | $5.0M | ||
| Q1 25 | $-20.2M | $3.3M | ||
| Q4 24 | $48.3M | $-25.9M | ||
| Q3 24 | $38.2M | $21.9M | ||
| Q2 24 | $33.6M | $1.9M | ||
| Q1 24 | $49.4M | $-5.2M |
毛利率AVNTDSGR
| Q4 25 | 30.2% | — | ||
| Q3 25 | 30.4% | 32.9% | ||
| Q2 25 | 32.1% | 33.9% | ||
| Q1 25 | 31.8% | 34.3% | ||
| Q4 24 | 34.8% | 33.3% | ||
| Q3 24 | 32.1% | 33.9% | ||
| Q2 24 | 30.3% | 34.5% | ||
| Q1 24 | 33.6% | 34.5% |
营业利润率AVNTDSGR
| Q4 25 | 5.2% | — | ||
| Q3 25 | 8.3% | 4.6% | ||
| Q2 25 | 11.1% | 5.3% | ||
| Q1 25 | 0.1% | 4.2% | ||
| Q4 24 | 11.5% | 4.2% | ||
| Q3 24 | 9.5% | 4.0% | ||
| Q2 24 | 8.5% | 3.2% | ||
| Q1 24 | 11.3% | 0.7% |
净利率AVNTDSGR
| Q4 25 | 2.2% | — | ||
| Q3 25 | 4.0% | 1.2% | ||
| Q2 25 | 6.1% | 1.0% | ||
| Q1 25 | -2.4% | 0.7% | ||
| Q4 24 | 6.5% | -5.4% | ||
| Q3 24 | 4.7% | 4.7% | ||
| Q2 24 | 4.0% | 0.4% | ||
| Q1 24 | 6.0% | -1.3% |
每股收益（稀释后）AVNTDSGR
| Q4 25 | $0.18 | — | ||
| Q3 25 | $0.36 | $0.14 | ||
| Q2 25 | $0.57 | $0.11 | ||
| Q1 25 | $-0.22 | $0.07 | ||
| Q4 24 | $0.53 | $-0.55 | ||
| Q3 24 | $0.41 | $0.46 | ||
| Q2 24 | $0.36 | $0.04 | ||
| Q1 24 | $0.54 | $-0.11 |
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 | — | $69.2M |
| 总债务越低越好 | $1.9B | $665.5M |
| 股东权益账面价值 | $2.4B | $653.9M |
| 总资产 | $6.0B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.81× | 1.02× |
8季度趋势，按日历期对齐
现金及短期投资AVNTDSGR
| Q4 25 | — | — | ||
| Q3 25 | — | $69.2M | ||
| Q2 25 | — | $47.4M | ||
| Q1 25 | — | $65.4M | ||
| Q4 24 | — | $66.5M | ||
| Q3 24 | — | $61.3M | ||
| Q2 24 | — | $46.8M | ||
| Q1 24 | — | $73.1M |
总债务AVNTDSGR
| Q4 25 | $1.9B | — | ||
| Q3 25 | $2.0B | $665.5M | ||
| Q2 25 | $2.0B | $675.0M | ||
| Q1 25 | $2.1B | $712.4M | ||
| Q4 24 | $2.1B | $693.9M | ||
| Q3 24 | $2.1B | $704.1M | ||
| Q2 24 | $2.1B | $573.7M | ||
| Q1 24 | $2.1B | $535.7M |
股东权益AVNTDSGR
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.4B | $653.9M | ||
| Q2 25 | $2.4B | $649.4M | ||
| Q1 25 | $2.3B | $636.7M | ||
| Q4 24 | $2.3B | $640.5M | ||
| Q3 24 | $2.4B | $680.8M | ||
| Q2 24 | $2.3B | $653.3M | ||
| Q1 24 | $2.3B | $654.7M |
总资产AVNTDSGR
| Q4 25 | $6.0B | — | ||
| Q3 25 | $6.1B | $1.8B | ||
| Q2 25 | $6.1B | $1.8B | ||
| Q1 25 | $5.8B | $1.8B | ||
| Q4 24 | $5.8B | $1.7B | ||
| Q3 24 | $6.0B | $1.8B | ||
| Q2 24 | $5.9B | $1.6B | ||
| Q1 24 | $5.9B | $1.5B |
负债/权益比AVNTDSGR
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.83× | 1.02× | ||
| Q2 25 | 0.86× | 1.04× | ||
| Q1 25 | 0.90× | 1.12× | ||
| Q4 24 | 0.89× | 1.08× | ||
| Q3 24 | 0.88× | 1.03× | ||
| Q2 24 | 0.90× | 0.88× | ||
| Q1 24 | 0.90× | 0.82× |
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 | $167.8M | $38.4M |
| 自由现金流经营现金流 - 资本支出 | $125.4M | $32.9M |
| 自由现金流率自由现金流/营收 | 16.5% | 6.3% |
| 资本支出强度资本支出/营收 | 5.6% | 1.1% |
| 现金转化率经营现金流/净利润 | 9.93× | 5.95× |
| 过去12个月自由现金流最近4个季度 | $195.0M | $92.2M |
8季度趋势，按日历期对齐
经营现金流AVNTDSGR
| Q4 25 | $167.8M | — | ||
| Q3 25 | $72.1M | $38.4M | ||
| Q2 25 | $112.8M | $33.3M | ||
| Q1 25 | $-51.1M | $-4.8M | ||
| Q4 24 | $122.6M | $45.7M | ||
| Q3 24 | $71.1M | $-17.3M | ||
| Q2 24 | $105.9M | $21.4M | ||
| Q1 24 | $-42.8M | $6.6M |
自由现金流AVNTDSGR
| Q4 25 | $125.4M | — | ||
| Q3 25 | $47.4M | $32.9M | ||
| Q2 25 | $85.8M | $28.7M | ||
| Q1 25 | $-63.6M | $-10.4M | ||
| Q4 24 | $81.5M | $41.1M | ||
| Q3 24 | $46.1M | $-20.5M | ||
| Q2 24 | $74.5M | $18.0M | ||
| Q1 24 | $-67.2M | $4.2M |
自由现金流率AVNTDSGR
| Q4 25 | 16.5% | — | ||
| Q3 25 | 5.9% | 6.3% | ||
| Q2 25 | 9.9% | 5.7% | ||
| Q1 25 | -7.7% | -2.2% | ||
| Q4 24 | 10.9% | 8.6% | ||
| Q3 24 | 5.7% | -4.4% | ||
| Q2 24 | 8.8% | 4.1% | ||
| Q1 24 | -8.1% | 1.0% |
资本支出强度AVNTDSGR
| Q4 25 | 5.6% | — | ||
| Q3 25 | 3.1% | 1.1% | ||
| Q2 25 | 3.1% | 0.9% | ||
| Q1 25 | 1.5% | 1.2% | ||
| Q4 24 | 5.5% | 1.0% | ||
| Q3 24 | 3.1% | 0.7% | ||
| Q2 24 | 3.7% | 0.8% | ||
| Q1 24 | 2.9% | 0.6% |
现金转化率AVNTDSGR
| Q4 25 | 9.93× | — | ||
| Q3 25 | 2.21× | 5.95× | ||
| Q2 25 | 2.14× | 6.66× | ||
| Q1 25 | — | -1.46× | ||
| Q4 24 | 2.54× | — | ||
| Q3 24 | 1.86× | -0.79× | ||
| Q2 24 | 3.15× | 11.28× | ||
| Q1 24 | -0.87× | — |
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
AVNT
| Color Additives And Inks | $466.0M | 61% |
| Specialty Engineered Materials | $295.5M | 39% |
DSGR
| Test Equity Segment | $206.5M | 40% |
| Gexpro Services Segment | $130.5M | 25% |
| Lawson Segment | $121.5M | 23% |
| Canada Branch Division Segment | $60.0M | 12% |
