vs
科蒂（COTY）与宜瑞安（INGR）财务数据对比。点击上方公司名可切换其他公司
宜瑞安的季度营收约是科蒂的1.0倍（$1.8B vs $1.7B），宜瑞安净利率更高（9.5% vs -7.4%，领先16.9%），科蒂同比增速更快（0.5% vs -2.4%），科蒂自由现金流更多（$513.1M vs $270.0M），过去两年科蒂的营收复合增速更高（10.1% vs -3.4%）
科蒂是1904年由弗朗索瓦·科蒂在巴黎创立的跨国美妆企业，现注册地为美国特拉华州，全球总部位于荷兰阿姆斯特丹。旗下业务覆盖香水、彩妆、护肤、美甲产品以及专业线和零售线护发产品的研发、生产、营销与分销，截至2024年共拥有约40个品牌。
宜瑞安（Ingredion Inc.）是总部位于美国伊利诺伊州的食品饮料配料供应商，主打产品包括淀粉、非转基因甜味剂、甜菊糖、豌豆蛋白等，以玉米、木薯、马铃薯、谷物、果蔬等为原料，产品供应食品、饮料、酿造、制药等多个行业，在全球44个站点拥有约1.2万名员工，客户覆盖超120个国家。
COTY vs INGR — 直观对比
营收规模更大
INGR
是对方的1.0倍
$1.7B
营收增速更快
COTY
高出2.9%
-2.4%
净利率更高
INGR
高出16.9%
-7.4%
自由现金流更多
COTY
多$243.1M
$270.0M
两年增速更快
COTY
近两年复合增速
-3.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.8B |
| 净利润 | $-123.6M | $167.0M |
| 毛利率 | 63.8% | 24.5% |
| 营业利润率 | 8.8% | 12.5% |
| 净利率 | -7.4% | 9.5% |
| 营收同比 | 0.5% | -2.4% |
| 净利润同比 | -621.5% | 72.2% |
| 每股收益（稀释后） | $-0.14 | $2.58 |
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COTYINGR
| Q4 25 | $1.7B | $1.8B | ||
| Q3 25 | $1.6B | $1.8B | ||
| Q2 25 | $1.3B | $1.8B | ||
| Q1 25 | $1.3B | $1.8B | ||
| Q4 24 | $1.7B | $1.8B | ||
| Q3 24 | $1.7B | $1.9B | ||
| Q2 24 | $1.4B | $1.9B | ||
| Q1 24 | $1.4B | $1.9B |
净利润COTYINGR
| Q4 25 | $-123.6M | $167.0M | ||
| Q3 25 | $67.9M | $171.0M | ||
| Q2 25 | $-68.8M | $196.0M | ||
| Q1 25 | $-405.7M | $197.0M | ||
| Q4 24 | $23.7M | $97.0M | ||
| Q3 24 | $82.9M | $188.0M | ||
| Q2 24 | $-96.9M | $148.0M | ||
| Q1 24 | $3.8M | $216.0M |
毛利率COTYINGR
| Q4 25 | 63.8% | 24.5% | ||
| Q3 25 | 64.5% | 25.1% | ||
| Q2 25 | 62.3% | 26.0% | ||
| Q1 25 | 64.1% | 25.7% | ||
| Q4 24 | 66.7% | 24.9% | ||
| Q3 24 | 65.5% | 25.6% | ||
| Q2 24 | 64.2% | 23.7% | ||
| Q1 24 | 64.8% | 22.2% |
营业利润率COTYINGR
| Q4 25 | 8.8% | 12.5% | ||
| Q3 25 | 11.7% | 13.7% | ||
| Q2 25 | 1.2% | 14.8% | ||
| Q1 25 | -21.6% | 15.2% | ||
| Q4 24 | 16.1% | 9.0% | ||
| Q3 24 | 14.2% | 14.3% | ||
| Q2 24 | 2.5% | 12.8% | ||
| Q1 24 | 5.6% | 11.3% |
净利率COTYINGR
| Q4 25 | -7.4% | 9.5% | ||
| Q3 25 | 4.3% | 9.4% | ||
| Q2 25 | -5.5% | 10.7% | ||
| Q1 25 | -31.2% | 10.9% | ||
| Q4 24 | 1.4% | 5.4% | ||
| Q3 24 | 5.0% | 10.1% | ||
| Q2 24 | -7.1% | 7.9% | ||
| Q1 24 | 0.3% | 11.5% |
每股收益（稀释后）COTYINGR
| Q4 25 | $-0.14 | $2.58 | ||
| Q3 25 | $0.07 | $2.61 | ||
| Q2 25 | $-0.08 | $2.99 | ||
| Q1 25 | $-0.47 | $3.00 | ||
| Q4 24 | $0.02 | $1.43 | ||
| Q3 24 | $0.09 | $2.83 | ||
| Q2 24 | $-0.11 | $2.22 | ||
| Q1 24 | $0.00 | $3.23 |
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 | $436.7M | $1.0B |
| 总债务越低越好 | $3.0B | — |
| 股东权益账面价值 | $3.5B | $4.3B |
| 总资产 | $11.1B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.85× | — |
8季度趋势，按日历期对齐
现金及短期投资COTYINGR
| Q4 25 | $436.7M | $1.0B | ||
| Q3 25 | $264.6M | $915.0M | ||
| Q2 25 | $257.1M | $861.0M | ||
| Q1 25 | $243.5M | $837.0M | ||
| Q4 24 | $249.6M | $997.0M | ||
| Q3 24 | $283.6M | $877.0M | ||
| Q2 24 | $300.8M | $505.0M | ||
| Q1 24 | $260.2M | $438.0M |
总债务COTYINGR
| Q4 25 | $3.0B | — | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.4B | — | ||
| Q3 24 | $3.9B | — | ||
| Q2 24 | $3.8B | — | ||
| Q1 24 | $3.9B | — |
股东权益COTYINGR
| Q4 25 | $3.5B | $4.3B | ||
| Q3 25 | $3.6B | $4.2B | ||
| Q2 25 | $3.5B | $4.2B | ||
| Q1 25 | $3.5B | $4.0B | ||
| Q4 24 | $3.8B | $3.8B | ||
| Q3 24 | $4.0B | $4.0B | ||
| Q2 24 | $3.8B | $3.7B | ||
| Q1 24 | $4.0B | $3.7B |
总资产COTYINGR
| Q4 25 | $11.1B | $7.9B | ||
| Q3 25 | $12.1B | $7.8B | ||
| Q2 25 | $11.9B | $7.8B | ||
| Q1 25 | $11.5B | $7.5B | ||
| Q4 24 | $11.7B | $7.4B | ||
| Q3 24 | $12.5B | $7.5B | ||
| Q2 24 | $12.1B | $7.2B | ||
| Q1 24 | $12.3B | $7.3B |
负债/权益比COTYINGR
| Q4 25 | 0.85× | — | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 1.09× | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | 0.97× | — | ||
| Q2 24 | 1.00× | — | ||
| Q1 24 | 0.98× | — |
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 | $559.7M | $405.0M |
| 自由现金流经营现金流 - 资本支出 | $513.1M | $270.0M |
| 自由现金流率自由现金流/营收 | 30.6% | 15.4% |
| 资本支出强度资本支出/营收 | 2.8% | 7.7% |
| 现金转化率经营现金流/净利润 | — | 2.43× |
| 过去12个月自由现金流最近4个季度 | $390.8M | $511.0M |
8季度趋势，按日历期对齐
经营现金流COTYINGR
| Q4 25 | $559.7M | $405.0M | ||
| Q3 25 | $65.2M | $277.0M | ||
| Q2 25 | $83.2M | $185.0M | ||
| Q1 25 | $-122.5M | $77.0M | ||
| Q4 24 | $464.5M | $436.0M | ||
| Q3 24 | $67.4M | $479.0M | ||
| Q2 24 | $176.5M | $312.0M | ||
| Q1 24 | $-170.0M | $209.0M |
自由现金流COTYINGR
| Q4 25 | $513.1M | $270.0M | ||
| Q3 25 | $11.2M | $172.0M | ||
| Q2 25 | $34.9M | $84.0M | ||
| Q1 25 | $-168.4M | $-15.0M | ||
| Q4 24 | $419.0M | $311.0M | ||
| Q3 24 | $-7.9M | $429.0M | ||
| Q2 24 | $116.7M | $257.0M | ||
| Q1 24 | $-234.3M | $144.0M |
自由现金流率COTYINGR
| Q4 25 | 30.6% | 15.4% | ||
| Q3 25 | 0.7% | 9.5% | ||
| Q2 25 | 2.8% | 4.6% | ||
| Q1 25 | -13.0% | -0.8% | ||
| Q4 24 | 25.1% | 17.3% | ||
| Q3 24 | -0.5% | 22.9% | ||
| Q2 24 | 8.6% | 13.7% | ||
| Q1 24 | -16.9% | 7.7% |
资本支出强度COTYINGR
| Q4 25 | 2.8% | 7.7% | ||
| Q3 25 | 3.4% | 5.8% | ||
| Q2 25 | 3.9% | 5.5% | ||
| Q1 25 | 3.5% | 5.1% | ||
| Q4 24 | 2.7% | 6.9% | ||
| Q3 24 | 4.5% | 2.7% | ||
| Q2 24 | 4.4% | 2.9% | ||
| Q1 24 | 4.6% | 3.5% |
现金转化率COTYINGR
| Q4 25 | — | 2.43× | ||
| Q3 25 | 0.96× | 1.62× | ||
| Q2 25 | — | 0.94× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | 19.60× | 4.49× | ||
| Q3 24 | 0.81× | 2.55× | ||
| Q2 24 | — | 2.11× | ||
| Q1 24 | -44.74× | 0.97× |
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
COTY
| Prestige | $1.1B | 68% |
| Consumer Beauty | $545.0M | 32% |
INGR
| Food And Industrial Ingredients LATAM Segment | $599.0M | 34% |
| Texture And Healthful Solutions Segment | $598.0M | 34% |
| Food And Industrial Ingredients U.S.Canada Segment | $486.0M | 28% |
| Other | $74.0M | 4% |
