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Traeger, Inc.（COOK）与Ingevity Corp（NGVT）财务数据对比。点击上方公司名可切换其他公司
Ingevity Corp的季度营收约是Traeger, Inc.的1.3倍（$185.4M vs $145.4M），Traeger, Inc.净利率更高（-11.8% vs -45.6%，领先33.8%），Ingevity Corp同比增速更快（36.7% vs -13.8%），Ingevity Corp自由现金流更多（$73.5M vs $14.2M），过去两年Traeger, Inc.的营收复合增速更高（0.2% vs -26.2%）
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。
Ingevity Corp是一家全球特种化学品与先进材料生产商，主营高性能碳材料、路面养护解决方案及特种化工产品，服务汽车排放控制、工业净化、道路基建、农业投入品等核心市场，业务覆盖北美、欧洲及亚太地区。
COOK vs NGVT — 直观对比
营收规模更大
NGVT
是对方的1.3倍
$145.4M
营收增速更快
NGVT
高出50.5%
-13.8%
净利率更高
COOK
高出33.8%
-45.6%
自由现金流更多
NGVT
多$59.3M
$14.2M
两年增速更快
COOK
近两年复合增速
-26.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $145.4M | $185.4M |
| 净利润 | $-17.2M | $-84.6M |
| 毛利率 | 37.4% | 41.2% |
| 营业利润率 | -8.0% | -47.7% |
| 净利率 | -11.8% | -45.6% |
| 营收同比 | -13.8% | 36.7% |
| 净利润同比 | -147.2% | -609.6% |
| 每股收益（稀释后） | $-0.13 | $-2.33 |
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COOKNGVT
| Q4 25 | $145.4M | $185.4M | ||
| Q3 25 | $125.4M | $333.1M | ||
| Q2 25 | $145.5M | $365.1M | ||
| Q1 25 | $143.3M | $284.0M | ||
| Q4 24 | $168.6M | $135.6M | ||
| Q3 24 | $122.0M | $333.8M | ||
| Q2 24 | $168.5M | $390.6M | ||
| Q1 24 | $144.9M | $340.1M |
净利润COOKNGVT
| Q4 25 | $-17.2M | $-84.6M | ||
| Q3 25 | $-89.8M | $43.5M | ||
| Q2 25 | $-7.4M | $-146.5M | ||
| Q1 25 | $-778.0K | $20.5M | ||
| Q4 24 | $-7.0M | $16.6M | ||
| Q3 24 | $-19.8M | $-107.2M | ||
| Q2 24 | $-2.6M | $-283.7M | ||
| Q1 24 | $-4.7M | $-56.0M |
毛利率COOKNGVT
| Q4 25 | 37.4% | 41.2% | ||
| Q3 25 | 38.7% | 40.2% | ||
| Q2 25 | 39.2% | 37.8% | ||
| Q1 25 | 41.5% | 39.9% | ||
| Q4 24 | 40.9% | 81.3% | ||
| Q3 24 | 42.3% | 39.4% | ||
| Q2 24 | 42.9% | 31.5% | ||
| Q1 24 | 43.2% | 29.3% |
营业利润率COOKNGVT
| Q4 25 | -8.0% | -47.7% | ||
| Q3 25 | -66.5% | 18.7% | ||
| Q2 25 | -4.2% | -39.1% | ||
| Q1 25 | 2.4% | 9.4% | ||
| Q4 24 | -0.1% | — | ||
| Q3 24 | -6.1% | 33.0% | ||
| Q2 24 | 2.8% | 25.9% | ||
| Q1 24 | -0.1% | 22.6% |
净利率COOKNGVT
| Q4 25 | -11.8% | -45.6% | ||
| Q3 25 | -71.6% | 13.1% | ||
| Q2 25 | -5.1% | -40.1% | ||
| Q1 25 | -0.5% | 7.2% | ||
| Q4 24 | -4.1% | 12.2% | ||
| Q3 24 | -16.2% | -32.1% | ||
| Q2 24 | -1.5% | -72.6% | ||
| Q1 24 | -3.2% | -16.5% |
每股收益（稀释后）COOKNGVT
| Q4 25 | $-0.13 | $-2.33 | ||
| Q3 25 | $-0.67 | $1.18 | ||
| Q2 25 | $-0.06 | $-4.02 | ||
| Q1 25 | $-0.01 | $0.56 | ||
| Q4 24 | $-0.06 | $0.44 | ||
| Q3 24 | $-0.15 | $-2.94 | ||
| Q2 24 | $-0.02 | $-7.81 | ||
| Q1 24 | $-0.04 | $-1.54 |
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 | $78.1M |
| 总债务越低越好 | $403.3M | $1.2B |
| 股东权益账面价值 | $170.8M | $29.7M |
| 总资产 | $676.0M | $1.7B |
| 负债/权益比越低杠杆越低 | 2.36× | 39.10× |
8季度趋势，按日历期对齐
现金及短期投资COOKNGVT
| Q4 25 | $19.6M | $78.1M | ||
| Q3 25 | $5.9M | $83.4M | ||
| Q2 25 | $10.3M | $76.9M | ||
| Q1 25 | $12.0M | $71.5M | ||
| Q4 24 | $15.0M | $68.0M | ||
| Q3 24 | $16.9M | $135.5M | ||
| Q2 24 | $18.0M | $107.4M | ||
| Q1 24 | $23.6M | $88.5M |
总债务COOKNGVT
| Q4 25 | $403.3M | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | $403.6M | $1.3B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.4B |
股东权益COOKNGVT
| Q4 25 | $170.8M | $29.7M | ||
| Q3 25 | $186.1M | $138.1M | ||
| Q2 25 | $274.2M | $120.7M | ||
| Q1 25 | $279.6M | $234.6M | ||
| Q4 24 | $276.4M | $195.2M | ||
| Q3 24 | $279.8M | $214.5M | ||
| Q2 24 | $297.3M | $284.8M | ||
| Q1 24 | $294.6M | $568.2M |
总资产COOKNGVT
| Q4 25 | $676.0M | $1.7B | ||
| Q3 25 | $689.6M | $1.8B | ||
| Q2 25 | $780.6M | $1.9B | ||
| Q1 25 | $825.6M | $2.1B | ||
| Q4 24 | $830.7M | $2.0B | ||
| Q3 24 | $818.1M | $2.2B | ||
| Q2 24 | $842.4M | $2.3B | ||
| Q1 24 | $862.1M | $2.6B |
负债/权益比COOKNGVT
| Q4 25 | 2.36× | 39.10× | ||
| Q3 25 | — | 8.39× | ||
| Q2 25 | — | 10.24× | ||
| Q1 25 | — | 5.68× | ||
| Q4 24 | 1.46× | 6.86× | ||
| Q3 24 | — | 6.52× | ||
| Q2 24 | — | 4.92× | ||
| Q1 24 | — | 2.48× |
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 | $97.1M |
| 自由现金流经营现金流 - 资本支出 | $14.2M | $73.5M |
| 自由现金流率自由现金流/营收 | 9.8% | 39.6% |
| 资本支出强度资本支出/营收 | 0.9% | 12.7% |
| 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 | $273.5M |
8季度趋势，按日历期对齐
经营现金流COOKNGVT
| Q4 25 | $15.5M | $97.1M | ||
| Q3 25 | $7.6M | $129.7M | ||
| Q2 25 | $18.3M | $79.0M | ||
| Q1 25 | $-20.8M | $25.4M | ||
| Q4 24 | $7.5M | $64.5M | ||
| Q3 24 | $15.1M | $46.5M | ||
| Q2 24 | $13.9M | $29.7M | ||
| Q1 24 | $-12.6M | $-12.1M |
自由现金流COOKNGVT
| Q4 25 | $14.2M | $73.5M | ||
| Q3 25 | $6.4M | $117.8M | ||
| Q2 25 | $15.7M | $66.8M | ||
| Q1 25 | $-22.7M | $15.4M | ||
| Q4 24 | $5.5M | $39.6M | ||
| Q3 24 | $12.8M | $28.5M | ||
| Q2 24 | $11.8M | $11.6M | ||
| Q1 24 | $-18.3M | $-28.7M |
自由现金流率COOKNGVT
| Q4 25 | 9.8% | 39.6% | ||
| Q3 25 | 5.1% | 35.4% | ||
| Q2 25 | 10.8% | 18.3% | ||
| Q1 25 | -15.8% | 5.4% | ||
| Q4 24 | 3.3% | 29.2% | ||
| Q3 24 | 10.5% | 8.5% | ||
| Q2 24 | 7.0% | 3.0% | ||
| Q1 24 | -12.6% | -8.4% |
资本支出强度COOKNGVT
| Q4 25 | 0.9% | 12.7% | ||
| Q3 25 | 0.9% | 3.6% | ||
| Q2 25 | 1.8% | 3.3% | ||
| Q1 25 | 1.3% | 3.5% | ||
| Q4 24 | 1.2% | 18.4% | ||
| Q3 24 | 1.9% | 5.4% | ||
| Q2 24 | 1.2% | 4.6% | ||
| Q1 24 | 3.9% | 4.9% |
现金转化率COOKNGVT
| Q4 25 | — | — | ||
| Q3 25 | — | 2.98× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.24× | ||
| Q4 24 | — | 3.89× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
NGVT
| Performance Materials | $151.2M | 82% |
| Advanced Polymer Technologies Segment | $36.5M | 20% |
