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普立万（AVNT）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是普立万的1.6倍（$1.2B vs $760.6M），利氏兄弟拍卖行净利率更高（9.1% vs 2.2%，领先6.9%），利氏兄弟拍卖行同比增速更快（5.4% vs 1.9%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $125.4M），过去两年利氏兄弟拍卖行的营收复合增速更高（6.3% 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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
AVNT vs RBA — 直观对比
营收规模更大
RBA
是对方的1.6倍
$760.6M
营收增速更快
RBA
高出3.5%
1.9%
净利率更高
RBA
高出6.9%
2.2%
自由现金流更多
RBA
多$61.1M
$125.4M
两年增速更快
RBA
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $760.6M | $1.2B |
| 净利润 | $16.9M | $109.7M |
| 毛利率 | 30.2% | — |
| 营业利润率 | 5.2% | 14.7% |
| 净利率 | 2.2% | 9.1% |
| 营收同比 | 1.9% | 5.4% |
| 净利润同比 | -65.0% | -7.4% |
| 每股收益（稀释后） | $0.18 | $0.53 |
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AVNTRBA
| Q4 25 | $760.6M | $1.2B | ||
| Q3 25 | $806.5M | $1.1B | ||
| Q2 25 | $866.5M | $1.2B | ||
| Q1 25 | $826.6M | $1.1B | ||
| Q4 24 | $746.5M | $1.1B | ||
| Q3 24 | $815.2M | $981.8M | ||
| Q2 24 | $849.7M | $1.1B | ||
| Q1 24 | $829.0M | $1.1B |
净利润AVNTRBA
| Q4 25 | $16.9M | $109.7M | ||
| Q3 25 | $32.6M | $95.5M | ||
| Q2 25 | $52.6M | $109.8M | ||
| Q1 25 | $-20.2M | $113.4M | ||
| Q4 24 | $48.3M | $118.5M | ||
| Q3 24 | $38.2M | $76.1M | ||
| Q2 24 | $33.6M | $111.1M | ||
| Q1 24 | $49.4M | $107.4M |
毛利率AVNTRBA
| Q4 25 | 30.2% | — | ||
| Q3 25 | 30.4% | — | ||
| Q2 25 | 32.1% | — | ||
| Q1 25 | 31.8% | — | ||
| Q4 24 | 34.8% | — | ||
| Q3 24 | 32.1% | — | ||
| Q2 24 | 30.3% | — | ||
| Q1 24 | 33.6% | — |
营业利润率AVNTRBA
| Q4 25 | 5.2% | 14.7% | ||
| Q3 25 | 8.3% | 14.5% | ||
| Q2 25 | 11.1% | 15.9% | ||
| Q1 25 | 0.1% | 17.1% | ||
| Q4 24 | 11.5% | 18.1% | ||
| Q3 24 | 9.5% | 15.6% | ||
| Q2 24 | 8.5% | 18.4% | ||
| Q1 24 | 11.3% | 18.7% |
净利率AVNTRBA
| Q4 25 | 2.2% | 9.1% | ||
| Q3 25 | 4.0% | 8.7% | ||
| Q2 25 | 6.1% | 9.3% | ||
| Q1 25 | -2.4% | 10.2% | ||
| Q4 24 | 6.5% | 10.4% | ||
| Q3 24 | 4.7% | 7.8% | ||
| Q2 24 | 4.0% | 10.1% | ||
| Q1 24 | 6.0% | 10.1% |
每股收益（稀释后）AVNTRBA
| Q4 25 | $0.18 | $0.53 | ||
| Q3 25 | $0.36 | $0.43 | ||
| Q2 25 | $0.57 | $0.53 | ||
| Q1 25 | $-0.22 | $0.55 | ||
| Q4 24 | $0.53 | $0.58 | ||
| Q3 24 | $0.41 | $0.36 | ||
| Q2 24 | $0.36 | $0.54 | ||
| Q1 24 | $0.54 | $0.53 |
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 | — | $531.5M |
| 总债务越低越好 | $1.9B | $2.3B |
| 股东权益账面价值 | $2.4B | $5.6B |
| 总资产 | $6.0B | $12.1B |
| 负债/权益比越低杠杆越低 | 0.81× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资AVNTRBA
| Q4 25 | — | $531.5M | ||
| Q3 25 | — | $674.7M | ||
| Q2 25 | — | $710.2M | ||
| Q1 25 | — | $578.1M | ||
| Q4 24 | — | $533.9M | ||
| Q3 24 | — | $650.7M | ||
| Q2 24 | — | $599.5M | ||
| Q1 24 | — | $462.8M |
总债务AVNTRBA
| Q4 25 | $1.9B | $2.3B | ||
| Q3 25 | $2.0B | $2.6B | ||
| Q2 25 | $2.0B | $2.6B | ||
| Q1 25 | $2.1B | $2.6B | ||
| Q4 24 | $2.1B | $2.6B | ||
| Q3 24 | $2.1B | $2.7B | ||
| Q2 24 | $2.1B | $2.8B | ||
| Q1 24 | $2.1B | $2.9B |
股东权益AVNTRBA
| Q4 25 | $2.4B | $5.6B | ||
| Q3 25 | $2.4B | $5.5B | ||
| Q2 25 | $2.4B | $5.5B | ||
| Q1 25 | $2.3B | $5.3B | ||
| Q4 24 | $2.3B | $5.2B | ||
| Q3 24 | $2.4B | $5.2B | ||
| Q2 24 | $2.3B | $5.2B | ||
| Q1 24 | $2.3B | $5.1B |
总资产AVNTRBA
| Q4 25 | $6.0B | $12.1B | ||
| Q3 25 | $6.1B | $12.2B | ||
| Q2 25 | $6.1B | $12.2B | ||
| Q1 25 | $5.8B | $11.9B | ||
| Q4 24 | $5.8B | $11.8B | ||
| Q3 24 | $6.0B | $11.9B | ||
| Q2 24 | $5.9B | $12.1B | ||
| Q1 24 | $5.9B | $12.0B |
负债/权益比AVNTRBA
| Q4 25 | 0.81× | 0.42× | ||
| Q3 25 | 0.83× | 0.47× | ||
| Q2 25 | 0.86× | 0.47× | ||
| Q1 25 | 0.90× | 0.50× | ||
| Q4 24 | 0.89× | 0.50× | ||
| Q3 24 | 0.88× | 0.52× | ||
| Q2 24 | 0.90× | 0.55× | ||
| Q1 24 | 0.90× | 0.58× |
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 | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $125.4M | $186.5M |
| 自由现金流率自由现金流/营收 | 16.5% | 15.5% |
| 资本支出强度资本支出/营收 | 5.6% | 5.7% |
| 现金转化率经营现金流/净利润 | 9.93× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $195.0M | $719.2M |
8季度趋势，按日历期对齐
经营现金流AVNTRBA
| Q4 25 | $167.8M | $255.2M | ||
| Q3 25 | $72.1M | $239.7M | ||
| Q2 25 | $112.8M | $326.5M | ||
| Q1 25 | $-51.1M | $156.8M | ||
| Q4 24 | $122.6M | $184.5M | ||
| Q3 24 | $71.1M | $285.4M | ||
| Q2 24 | $105.9M | $337.3M | ||
| Q1 24 | $-42.8M | $124.8M |
自由现金流AVNTRBA
| Q4 25 | $125.4M | $186.5M | ||
| Q3 25 | $47.4M | $188.5M | ||
| Q2 25 | $85.8M | $241.7M | ||
| Q1 25 | $-63.6M | $102.5M | ||
| Q4 24 | $81.5M | $127.9M | ||
| Q3 24 | $46.1M | $248.5M | ||
| Q2 24 | $74.5M | $308.6M | ||
| Q1 24 | $-67.2M | $79.6M |
自由现金流率AVNTRBA
| Q4 25 | 16.5% | 15.5% | ||
| Q3 25 | 5.9% | 17.3% | ||
| Q2 25 | 9.9% | 20.4% | ||
| Q1 25 | -7.7% | 9.2% | ||
| Q4 24 | 10.9% | 11.2% | ||
| Q3 24 | 5.7% | 25.3% | ||
| Q2 24 | 8.8% | 28.2% | ||
| Q1 24 | -8.1% | 7.5% |
资本支出强度AVNTRBA
| Q4 25 | 5.6% | 5.7% | ||
| Q3 25 | 3.1% | 4.7% | ||
| Q2 25 | 3.1% | 7.2% | ||
| Q1 25 | 1.5% | 4.9% | ||
| Q4 24 | 5.5% | 5.0% | ||
| Q3 24 | 3.1% | 3.8% | ||
| Q2 24 | 3.7% | 2.6% | ||
| Q1 24 | 2.9% | 4.2% |
现金转化率AVNTRBA
| Q4 25 | 9.93× | 2.33× | ||
| Q3 25 | 2.21× | 2.51× | ||
| Q2 25 | 2.14× | 2.97× | ||
| Q1 25 | — | 1.38× | ||
| Q4 24 | 2.54× | 1.56× | ||
| Q3 24 | 1.86× | 3.75× | ||
| Q2 24 | 3.15× | 3.04× | ||
| Q1 24 | -0.87× | 1.16× |
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% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
