vs
卡博特（CBT）与Orion S.A.（OEC）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Orion S.A.的2.1倍（$849.0M vs $411.7M）。Orion S.A.同比增速更快（-5.2% vs -11.1%）。卡博特自由现金流更多（$57.0M vs $44.2M）。过去两年卡博特的营收复合增速更高（-8.7% vs -9.5%）
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。
奥里昂集团成立于1917年，总部位于芬兰埃斯波，是一家全球化运营的芬兰企业。公司面向全球市场研发、生产并销售人用与兽用药品以及药用活性成分，旗下所有生产基地及大部分研发部门均设于芬兰境内。
CBT vs OEC — 直观对比
营收规模更大
CBT
是对方的2.1倍
$411.7M
营收增速更快
OEC
高出5.9%
-11.1%
自由现金流更多
CBT
多$12.8M
$44.2M
两年增速更快
CBT
近两年复合增速
-9.5%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $849.0M | $411.7M |
| 净利润 | $73.0M | — |
| 毛利率 | 24.9% | 18.9% |
| 营业利润率 | 15.2% | 4.3% |
| 净利率 | 8.6% | — |
| 营收同比 | -11.1% | -5.2% |
| 净利润同比 | -21.5% | — |
| 每股收益（稀释后） | $1.37 | $-0.36 |
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CBTOEC
| Q4 25 | $849.0M | $411.7M | ||
| Q3 25 | $899.0M | $450.9M | ||
| Q2 25 | $923.0M | $466.4M | ||
| Q1 25 | $936.0M | $477.7M | ||
| Q4 24 | $955.0M | $434.2M | ||
| Q3 24 | $1.0B | $463.4M | ||
| Q2 24 | $1.0B | $477.0M | ||
| Q1 24 | $1.0B | $502.9M |
净利润CBTOEC
| Q4 25 | $73.0M | — | ||
| Q3 25 | $43.0M | $-67.1M | ||
| Q2 25 | $101.0M | $9.0M | ||
| Q1 25 | $94.0M | $9.1M | ||
| Q4 24 | $93.0M | — | ||
| Q3 24 | $137.0M | $-20.2M | ||
| Q2 24 | $109.0M | $20.5M | ||
| Q1 24 | $84.0M | $26.7M |
毛利率CBTOEC
| Q4 25 | 24.9% | 18.9% | ||
| Q3 25 | 24.5% | 19.0% | ||
| Q2 25 | 26.4% | 21.1% | ||
| Q1 25 | 25.7% | 20.5% | ||
| Q4 24 | 24.6% | 20.6% | ||
| Q3 24 | 24.0% | 23.2% | ||
| Q2 24 | 25.2% | 23.0% | ||
| Q1 24 | 24.1% | 24.3% |
营业利润率CBTOEC
| Q4 25 | 15.2% | 4.3% | ||
| Q3 25 | 15.2% | -11.9% | ||
| Q2 25 | 18.1% | 6.9% | ||
| Q1 25 | 17.3% | 6.5% | ||
| Q4 24 | 16.2% | 5.4% | ||
| Q3 24 | 15.0% | -3.3% | ||
| Q2 24 | 16.9% | 8.7% | ||
| Q1 24 | 15.3% | 10.5% |
净利率CBTOEC
| Q4 25 | 8.6% | — | ||
| Q3 25 | 4.8% | -14.9% | ||
| Q2 25 | 10.9% | 1.9% | ||
| Q1 25 | 10.0% | 1.9% | ||
| Q4 24 | 9.7% | — | ||
| Q3 24 | 13.7% | -4.4% | ||
| Q2 24 | 10.7% | 4.3% | ||
| Q1 24 | 8.2% | 5.3% |
每股收益（稀释后）CBTOEC
| Q4 25 | $1.37 | $-0.36 | ||
| Q3 25 | $0.80 | $-1.20 | ||
| Q2 25 | $1.86 | $0.16 | ||
| Q1 25 | $1.69 | $0.16 | ||
| Q4 24 | $1.67 | $0.31 | ||
| Q3 24 | $2.41 | $-0.35 | ||
| Q2 24 | $1.94 | $0.35 | ||
| Q1 24 | $1.49 | $0.45 |
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 | $60.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.6B | $384.6M |
| 总资产 | $3.8B | $1.9B |
| 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CBTOEC
| Q4 25 | $230.0M | $60.7M | ||
| Q3 25 | $258.0M | $51.3M | ||
| Q2 25 | $239.0M | $42.6M | ||
| Q1 25 | $213.0M | $37.5M | ||
| Q4 24 | $183.0M | $44.2M | ||
| Q3 24 | $223.0M | $53.2M | ||
| Q2 24 | $197.0M | $34.2M | ||
| Q1 24 | $206.0M | $43.9M |
总债务CBTOEC
| Q4 25 | — | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CBTOEC
| Q4 25 | $1.6B | $384.6M | ||
| Q3 25 | $1.6B | $401.8M | ||
| Q2 25 | $1.5B | $466.5M | ||
| Q1 25 | $1.4B | $466.1M | ||
| Q4 24 | $1.4B | $474.9M | ||
| Q3 24 | $1.4B | $476.3M | ||
| Q2 24 | $1.3B | $503.9M | ||
| Q1 24 | $1.4B | $492.2M |
总资产CBTOEC
| Q4 25 | $3.8B | $1.9B | ||
| Q3 25 | $3.8B | $2.0B | ||
| Q2 25 | $3.8B | $2.0B | ||
| Q1 25 | $3.8B | $2.0B | ||
| Q4 24 | $3.6B | $1.9B | ||
| Q3 24 | $3.7B | $2.0B | ||
| Q2 24 | $3.6B | $1.9B | ||
| Q1 24 | $3.6B | $1.9B |
负债/权益比CBTOEC
| Q4 25 | — | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.75× | — | ||
| 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 | $126.0M | $92.9M |
| 自由现金流经营现金流 - 资本支出 | $57.0M | $44.2M |
| 自由现金流率自由现金流/营收 | 6.7% | 10.7% |
| 资本支出强度资本支出/营收 | 8.1% | 11.8% |
| 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 | $54.8M |
8季度趋势，按日历期对齐
经营现金流CBTOEC
| Q4 25 | $126.0M | $92.9M | ||
| Q3 25 | $219.0M | $68.8M | ||
| Q2 25 | $249.0M | $53.7M | ||
| Q1 25 | $73.0M | $400.0K | ||
| Q4 24 | $124.0M | $94.5M | ||
| Q3 24 | $204.0M | $-30.9M | ||
| Q2 24 | $207.0M | $29.3M | ||
| Q1 24 | $176.0M | $32.4M |
自由现金流CBTOEC
| Q4 25 | $57.0M | $44.2M | ||
| Q3 25 | $155.0M | $27.9M | ||
| Q2 25 | $188.0M | $11.5M | ||
| Q1 25 | $1.0M | $-28.8M | ||
| Q4 24 | $47.0M | $23.5M | ||
| Q3 24 | $112.0M | $-78.8M | ||
| Q2 24 | $155.0M | $-25.4M | ||
| Q1 24 | $133.0M | $-700.0K |
自由现金流率CBTOEC
| Q4 25 | 6.7% | 10.7% | ||
| Q3 25 | 17.2% | 6.2% | ||
| Q2 25 | 20.4% | 2.5% | ||
| Q1 25 | 0.1% | -6.0% | ||
| Q4 24 | 4.9% | 5.4% | ||
| Q3 24 | 11.2% | -17.0% | ||
| Q2 24 | 15.3% | -5.3% | ||
| Q1 24 | 13.1% | -0.1% |
资本支出强度CBTOEC
| Q4 25 | 8.1% | 11.8% | ||
| Q3 25 | 7.1% | 9.1% | ||
| Q2 25 | 6.6% | 9.0% | ||
| Q1 25 | 7.7% | 6.1% | ||
| Q4 24 | 8.1% | 16.4% | ||
| Q3 24 | 9.2% | 10.3% | ||
| Q2 24 | 5.1% | 11.5% | ||
| Q1 24 | 4.2% | 6.6% |
现金转化率CBTOEC
| Q4 25 | 1.73× | — | ||
| Q3 25 | 5.09× | — | ||
| Q2 25 | 2.47× | 5.97× | ||
| Q1 25 | 0.78× | 0.04× | ||
| Q4 24 | 1.33× | — | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | 1.90× | 1.43× | ||
| Q1 24 | 2.10× | 1.21× |
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% |
OEC
| Rubber | $272.0M | 66% |
| Specialties | $139.7M | 34% |
