vs
Traeger, Inc.（COOK）与Ecovyst Inc.（ECVT）财务数据对比。点击上方公司名可切换其他公司
Ecovyst Inc.的季度营收约是Traeger, Inc.的1.4倍（$199.4M vs $145.4M），Ecovyst Inc.同比增速更快（34.0% vs -13.8%），Ecovyst Inc.自由现金流更多（$22.9M vs $14.2M），过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs 0.2%）
Traeger, Inc.是一家专注于户外烹饪设备研发生产的企业，主营高端木颗粒烤炉、配套配件及专用木颗粒燃料，主要面向北美、欧洲、澳洲市场，通过零售渠道和直营模式服务家庭及商用餐饮客户。
Ecovyst Inc.是一家全球可持续特种材料供应商，主营高性能催化剂与功能性添加剂的研发、生产，产品服务覆盖工业制造、消费品、环保等核心领域，助力全球客户提升运营效率、降低碳排放。
COOK vs ECVT — 直观对比
营收规模更大
ECVT
是对方的1.4倍
$145.4M
营收增速更快
ECVT
高出47.8%
-13.8%
自由现金流更多
ECVT
多$8.8M
$14.2M
两年增速更快
ECVT
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $145.4M | $199.4M |
| 净利润 | $-17.2M | — |
| 毛利率 | 37.4% | 23.4% |
| 营业利润率 | -8.0% | 10.9% |
| 净利率 | -11.8% | — |
| 营收同比 | -13.8% | 34.0% |
| 净利润同比 | -147.2% | — |
| 每股收益（稀释后） | $-0.13 | $0.06 |
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COOKECVT
| Q4 25 | $145.4M | $199.4M | ||
| Q3 25 | $125.4M | $204.9M | ||
| Q2 25 | $145.5M | $176.1M | ||
| Q1 25 | $143.3M | $143.1M | ||
| Q4 24 | $168.6M | $148.9M | ||
| Q3 24 | $122.0M | $153.9M | ||
| Q2 24 | $168.5M | $154.0M | ||
| Q1 24 | $144.9M | $141.6M |
净利润COOKECVT
| Q4 25 | $-17.2M | — | ||
| Q3 25 | $-89.8M | $-79.3M | ||
| Q2 25 | $-7.4M | $6.0M | ||
| Q1 25 | $-778.0K | $-3.6M | ||
| Q4 24 | $-7.0M | — | ||
| Q3 24 | $-19.8M | $14.3M | ||
| Q2 24 | $-2.6M | $8.3M | ||
| Q1 24 | $-4.7M | $1.2M |
毛利率COOKECVT
| Q4 25 | 37.4% | 23.4% | ||
| Q3 25 | 38.7% | 25.4% | ||
| Q2 25 | 39.2% | 22.8% | ||
| Q1 25 | 41.5% | 13.3% | ||
| Q4 24 | 40.9% | 28.9% | ||
| Q3 24 | 42.3% | 29.3% | ||
| Q2 24 | 42.9% | 27.3% | ||
| Q1 24 | 43.2% | 23.5% |
营业利润率COOKECVT
| Q4 25 | -8.0% | 10.9% | ||
| Q3 25 | -66.5% | 13.8% | ||
| Q2 25 | -4.2% | 9.0% | ||
| Q1 25 | 2.4% | -0.7% | ||
| Q4 24 | -0.1% | 15.1% | ||
| Q3 24 | -6.1% | 17.9% | ||
| Q2 24 | 2.8% | 14.1% | ||
| Q1 24 | -0.1% | 9.5% |
净利率COOKECVT
| Q4 25 | -11.8% | — | ||
| Q3 25 | -71.6% | -38.7% | ||
| Q2 25 | -5.1% | 3.4% | ||
| Q1 25 | -0.5% | -2.5% | ||
| Q4 24 | -4.1% | — | ||
| Q3 24 | -16.2% | 9.3% | ||
| Q2 24 | -1.5% | 5.4% | ||
| Q1 24 | -3.2% | 0.9% |
每股收益（稀释后）COOKECVT
| Q4 25 | $-0.13 | $0.06 | ||
| Q3 25 | $-0.67 | $-0.69 | ||
| Q2 25 | $-0.06 | $0.05 | ||
| Q1 25 | $-0.01 | $-0.03 | ||
| Q4 24 | $-0.06 | $-0.26 | ||
| Q3 24 | $-0.15 | $0.12 | ||
| Q2 24 | $-0.02 | $0.07 | ||
| Q1 24 | $-0.04 | $0.01 |
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 | $19.6M | $197.2M |
| 总债务越低越好 | $403.3M | $392.6M |
| 股东权益账面价值 | $170.8M | $603.4M |
| 总资产 | $676.0M | $1.3B |
| 负债/权益比越低杠杆越低 | 2.36× | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资COOKECVT
| Q4 25 | $19.6M | $197.2M | ||
| Q3 25 | $5.9M | $82.0M | ||
| Q2 25 | $10.3M | $69.6M | ||
| Q1 25 | $12.0M | $127.5M | ||
| Q4 24 | $15.0M | $131.4M | ||
| Q3 24 | $16.9M | $123.5M | ||
| Q2 24 | $18.0M | $83.3M | ||
| Q1 24 | $23.6M | $103.1M |
总债务COOKECVT
| Q4 25 | $403.3M | $392.6M | ||
| Q3 25 | — | $854.8M | ||
| Q2 25 | — | $856.6M | ||
| Q1 25 | — | $859.0M | ||
| Q4 24 | $403.6M | $860.8M | ||
| Q3 24 | — | $862.7M | ||
| Q2 24 | — | $862.4M | ||
| Q1 24 | — | $866.2M |
股东权益COOKECVT
| Q4 25 | $170.8M | $603.4M | ||
| Q3 25 | $186.1M | $607.9M | ||
| Q2 25 | $274.2M | $692.4M | ||
| Q1 25 | $279.6M | $698.7M | ||
| Q4 24 | $276.4M | $700.5M | ||
| Q3 24 | $279.8M | $729.4M | ||
| Q2 24 | $297.3M | $717.3M | ||
| Q1 24 | $294.6M | $711.4M |
总资产COOKECVT
| Q4 25 | $676.0M | $1.3B | ||
| Q3 25 | $689.6M | $1.7B | ||
| Q2 25 | $780.6M | $1.8B | ||
| Q1 25 | $825.6M | $1.8B | ||
| Q4 24 | $830.7M | $1.8B | ||
| Q3 24 | $818.1M | $1.8B | ||
| Q2 24 | $842.4M | $1.8B | ||
| Q1 24 | $862.1M | $1.8B |
负债/权益比COOKECVT
| Q4 25 | 2.36× | 0.65× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | 1.46× | 1.23× | ||
| Q3 24 | — | 1.18× | ||
| Q2 24 | — | 1.20× | ||
| Q1 24 | — | 1.22× |
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 | $15.5M | $41.8M |
| 自由现金流经营现金流 - 资本支出 | $14.2M | $22.9M |
| 自由现金流率自由现金流/营收 | 9.8% | 11.5% |
| 资本支出强度资本支出/营收 | 0.9% | 9.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $13.6M | $69.9M |
8季度趋势，按日历期对齐
经营现金流COOKECVT
| Q4 25 | $15.5M | $41.8M | ||
| Q3 25 | $7.6M | $55.3M | ||
| Q2 25 | $18.3M | $33.0M | ||
| Q1 25 | $-20.8M | $10.3M | ||
| Q4 24 | $7.5M | $43.5M | ||
| Q3 24 | $15.1M | $59.9M | ||
| Q2 24 | $13.9M | $10.0M | ||
| Q1 24 | $-12.6M | $36.5M |
自由现金流COOKECVT
| Q4 25 | $14.2M | $22.9M | ||
| Q3 25 | $6.4M | $53.2M | ||
| Q2 25 | $15.7M | $7.8M | ||
| Q1 25 | $-22.7M | $-14.0M | ||
| Q4 24 | $5.5M | $30.9M | ||
| Q3 24 | $12.8M | $53.6M | ||
| Q2 24 | $11.8M | $-9.3M | ||
| Q1 24 | $-18.3M | $19.1M |
自由现金流率COOKECVT
| Q4 25 | 9.8% | 11.5% | ||
| Q3 25 | 5.1% | 26.0% | ||
| Q2 25 | 10.8% | 4.4% | ||
| Q1 25 | -15.8% | -9.8% | ||
| Q4 24 | 3.3% | 20.7% | ||
| Q3 24 | 10.5% | 34.9% | ||
| Q2 24 | 7.0% | -6.1% | ||
| Q1 24 | -12.6% | 13.5% |
资本支出强度COOKECVT
| Q4 25 | 0.9% | 9.4% | ||
| Q3 25 | 0.9% | 1.0% | ||
| Q2 25 | 1.8% | 14.4% | ||
| Q1 25 | 1.3% | 16.9% | ||
| Q4 24 | 1.2% | 8.5% | ||
| Q3 24 | 1.9% | 4.1% | ||
| Q2 24 | 1.2% | 12.5% | ||
| Q1 24 | 3.9% | 12.3% |
现金转化率COOKECVT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 5.52× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 4.21× | ||
| Q2 24 | — | 1.20× | ||
| Q1 24 | — | 29.90× |
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
COOK
| Grills | $60.6M | 42% |
| Accessories | $49.2M | 34% |
| Consumables | $35.5M | 24% |
ECVT
| Industrial Mining Automotive | $101.3M | 51% |
| Regeneration And Treatment Services | $90.0M | 45% |
| Other | $8.1M | 4% |
