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卡博特（CBT）与Element Solutions Inc（ESI）财务数据对比。点击上方公司名可切换其他公司
卡博特的季度营收约是Element Solutions Inc的1.3倍（$849.0M vs $676.2M）。卡博特净利率更高（8.6% vs 0.9%，领先7.7%）。Element Solutions Inc同比增速更快（8.3% vs -11.1%）。过去两年Element Solutions Inc的营收复合增速更高（8.4% vs -8.7%）
卡博特公司是总部位于美国马萨诸塞州波士顿的特种化学品和高性能材料企业，业务覆盖全球20多个国家，拥有36座生产工厂、8个研发中心及28个销售办事处，在特种材料领域具备全球领先的技术和服务能力。
Element Solutions Inc是一家总部位于美国的特种化学品生产企业，专注于特种化学品领域的生产运营，于纽约证券交易所挂牌上市，业务覆盖全球多个市场，为各行业客户提供专业的特种化学品产品及相关解决方案。
CBT vs ESI — 直观对比
营收规模更大
CBT
是对方的1.3倍
$676.2M
营收增速更快
ESI
高出19.4%
-11.1%
净利率更高
CBT
高出7.7%
0.9%
两年增速更快
ESI
近两年复合增速
-8.7%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $849.0M | $676.2M |
| 净利润 | $73.0M | $6.2M |
| 毛利率 | 24.9% | 40.9% |
| 营业利润率 | 15.2% | 10.3% |
| 净利率 | 8.6% | 0.9% |
| 营收同比 | -11.1% | 8.3% |
| 净利润同比 | -21.5% | -88.7% |
| 每股收益（稀释后） | $1.37 | $0.03 |
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CBTESI
| Q4 25 | $849.0M | $676.2M | ||
| Q3 25 | $899.0M | $656.1M | ||
| Q2 25 | $923.0M | $625.2M | ||
| Q1 25 | $936.0M | $593.7M | ||
| Q4 24 | $955.0M | $624.2M | ||
| Q3 24 | $1.0B | $645.0M | ||
| Q2 24 | $1.0B | $612.7M | ||
| Q1 24 | $1.0B | $575.0M |
净利润CBTESI
| Q4 25 | $73.0M | $6.2M | ||
| Q3 25 | $43.0M | $39.3M | ||
| Q2 25 | $101.0M | $47.4M | ||
| Q1 25 | $94.0M | $98.0M | ||
| Q4 24 | $93.0M | $54.7M | ||
| Q3 24 | $137.0M | $40.3M | ||
| Q2 24 | $109.0M | $93.2M | ||
| Q1 24 | $84.0M | $56.0M |
毛利率CBTESI
| Q4 25 | 24.9% | 40.9% | ||
| Q3 25 | 24.5% | 42.2% | ||
| Q2 25 | 26.4% | 42.6% | ||
| Q1 25 | 25.7% | 42.2% | ||
| Q4 24 | 24.6% | 41.0% | ||
| Q3 24 | 24.0% | 41.5% | ||
| Q2 24 | 25.2% | 43.6% | ||
| Q1 24 | 24.1% | 42.6% |
营业利润率CBTESI
| Q4 25 | 15.2% | 10.3% | ||
| Q3 25 | 15.2% | 15.4% | ||
| Q2 25 | 18.1% | 15.1% | ||
| Q1 25 | 17.3% | 13.0% | ||
| Q4 24 | 16.2% | 12.0% | ||
| Q3 24 | 15.0% | 14.7% | ||
| Q2 24 | 16.9% | 15.7% | ||
| Q1 24 | 15.3% | 13.5% |
净利率CBTESI
| Q4 25 | 8.6% | 0.9% | ||
| Q3 25 | 4.8% | 6.0% | ||
| Q2 25 | 10.9% | 7.6% | ||
| Q1 25 | 10.0% | 16.5% | ||
| Q4 24 | 9.7% | 8.8% | ||
| Q3 24 | 13.7% | 6.2% | ||
| Q2 24 | 10.7% | 15.2% | ||
| Q1 24 | 8.2% | 9.7% |
每股收益（稀释后）CBTESI
| Q4 25 | $1.37 | $0.03 | ||
| Q3 25 | $0.80 | $0.16 | ||
| Q2 25 | $1.86 | $0.20 | ||
| Q1 25 | $1.69 | $0.40 | ||
| Q4 24 | $1.67 | $0.22 | ||
| Q3 24 | $2.41 | $0.17 | ||
| Q2 24 | $1.94 | $0.39 | ||
| Q1 24 | $1.49 | $0.23 |
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 | $230.0M | $626.5M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | $1.6B | $2.7B |
| 总资产 | $3.8B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.61× |
8季度趋势，按日历期对齐
现金及短期投资CBTESI
| Q4 25 | $230.0M | $626.5M | ||
| Q3 25 | $258.0M | $594.3M | ||
| Q2 25 | $239.0M | $529.9M | ||
| Q1 25 | $213.0M | $499.2M | ||
| Q4 24 | $183.0M | $359.4M | ||
| Q3 24 | $223.0M | $376.0M | ||
| Q2 24 | $197.0M | $309.3M | ||
| Q1 24 | $206.0M | $286.3M |
总债务CBTESI
| Q4 25 | — | $1.6B | ||
| Q3 25 | $1.1B | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $1.1B | $1.9B | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | — | $1.9B |
股东权益CBTESI
| Q4 25 | $1.6B | $2.7B | ||
| Q3 25 | $1.6B | $2.7B | ||
| Q2 25 | $1.5B | $2.6B | ||
| Q1 25 | $1.4B | $2.5B | ||
| Q4 24 | $1.4B | $2.4B | ||
| Q3 24 | $1.4B | $2.4B | ||
| Q2 24 | $1.3B | $2.4B | ||
| Q1 24 | $1.4B | $2.3B |
总资产CBTESI
| Q4 25 | $3.8B | $5.1B | ||
| Q3 25 | $3.8B | $5.0B | ||
| Q2 25 | $3.8B | $5.0B | ||
| Q1 25 | $3.8B | $4.8B | ||
| Q4 24 | $3.6B | $4.9B | ||
| Q3 24 | $3.7B | $5.1B | ||
| Q2 24 | $3.6B | $5.0B | ||
| Q1 24 | $3.6B | $4.9B |
负债/权益比CBTESI
| Q4 25 | — | 0.61× | ||
| Q3 25 | 0.70× | 0.61× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.64× | ||
| Q4 24 | — | 0.76× | ||
| Q3 24 | 0.75× | 0.78× | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 0.83× |
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 | $126.0M | — |
| 自由现金流经营现金流 - 资本支出 | $57.0M | — |
| 自由现金流率自由现金流/营收 | 6.7% | — |
| 资本支出强度资本支出/营收 | 8.1% | 2.5% |
| 现金转化率经营现金流/净利润 | 1.73× | — |
| 过去12个月自由现金流最近4个季度 | $401.0M | — |
8季度趋势，按日历期对齐
经营现金流CBTESI
| Q4 25 | $126.0M | — | ||
| Q3 25 | $219.0M | $100.1M | ||
| Q2 25 | $249.0M | — | ||
| Q1 25 | $73.0M | $26.0M | ||
| Q4 24 | $124.0M | — | ||
| Q3 24 | $204.0M | $98.5M | ||
| Q2 24 | $207.0M | — | ||
| Q1 24 | $176.0M | $58.2M |
自由现金流CBTESI
| Q4 25 | $57.0M | — | ||
| Q3 25 | $155.0M | $83.6M | ||
| Q2 25 | $188.0M | — | ||
| Q1 25 | $1.0M | $15.0M | ||
| Q4 24 | $47.0M | — | ||
| Q3 24 | $112.0M | $85.9M | ||
| Q2 24 | $155.0M | — | ||
| Q1 24 | $133.0M | $39.2M |
自由现金流率CBTESI
| Q4 25 | 6.7% | — | ||
| Q3 25 | 17.2% | 12.7% | ||
| Q2 25 | 20.4% | — | ||
| Q1 25 | 0.1% | 2.5% | ||
| Q4 24 | 4.9% | — | ||
| Q3 24 | 11.2% | 13.3% | ||
| Q2 24 | 15.3% | — | ||
| Q1 24 | 13.1% | 6.8% |
资本支出强度CBTESI
| Q4 25 | 8.1% | 2.5% | ||
| Q3 25 | 7.1% | 2.5% | ||
| Q2 25 | 6.6% | 2.8% | ||
| Q1 25 | 7.7% | 1.9% | ||
| Q4 24 | 8.1% | 3.6% | ||
| Q3 24 | 9.2% | 2.0% | ||
| Q2 24 | 5.1% | 2.4% | ||
| Q1 24 | 4.2% | 3.3% |
现金转化率CBTESI
| Q4 25 | 1.73× | — | ||
| Q3 25 | 5.09× | 2.55× | ||
| Q2 25 | 2.47× | — | ||
| Q1 25 | 0.78× | 0.27× | ||
| Q4 24 | 1.33× | — | ||
| Q3 24 | 1.49× | 2.44× | ||
| Q2 24 | 1.90× | — | ||
| Q1 24 | 2.10× | 1.04× |
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
CBT
| Reinforcement Materials | $520.0M | 61% |
| Performance Chemicals | $300.0M | 35% |
| Shipping And Handling | $25.0M | 3% |
| Other Products And Services | $4.0M | 0% |
ESI
| Assembly Solutions | $254.2M | 38% |
| Industrial Solutions | $165.3M | 24% |
| Electronics Solutions | $139.0M | 21% |
| Semi Conductors | $94.1M | 14% |
| Energy Solutions | $23.6M | 3% |
