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科迪华（CTVA）与欧文斯科宁（OC）财务数据对比。点击上方公司名可切换其他公司
科迪华的季度营收约是欧文斯科宁的1.8倍（$3.9B vs $2.1B）。欧文斯科宁净利率更高（-13.9% vs -14.1%，领先0.2%）。科迪华同比增速更快（-1.7% vs -24.6%）。科迪华自由现金流更多（$4.2B vs $333.0M）。过去两年欧文斯科宁的营收复合增速更高（-3.5% vs -6.7%）
科迪华是一家美国农业科技企业，主营种子与作物保护产品，涵盖除草剂、杀虫剂、杀菌剂及生物制剂，业务覆盖全球110个国家，总部位于印第安纳州印第安纳波利斯，旗下大部分种子产品以先锋良种国际品牌销售。
欧文斯科宁是美国知名建材及复合材料企业，1935年由康宁玻璃厂与欧文斯-伊利诺伊公司合资组建。主营保温材料、屋面材料、玻璃纤维复合材料及相关产品，是全球最大的玻璃纤维复合材料生产商，全球员工约1.9万人，自1955年《财富》500强榜单创立以来连年上榜。
CTVA vs OC — 直观对比
营收规模更大
CTVA
是对方的1.8倍
$2.1B
营收增速更快
CTVA
高出22.9%
-24.6%
净利率更高
OC
高出0.2%
-14.1%
自由现金流更多
CTVA
多$3.8B
$333.0M
两年增速更快
OC
近两年复合增速
-6.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $2.1B |
| 净利润 | $-552.0M | $-298.0M |
| 毛利率 | 42.4% | 23.2% |
| 营业利润率 | -13.6% | -10.5% |
| 净利率 | -14.1% | -13.9% |
| 营收同比 | -1.7% | -24.6% |
| 净利润同比 | -1246.3% | -15.5% |
| 每股收益（稀释后） | $-0.80 | $-3.47 |
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CTVAOC
| Q4 25 | $3.9B | $2.1B | ||
| Q3 25 | $2.6B | $2.7B | ||
| Q2 25 | $6.5B | $2.7B | ||
| Q1 25 | $4.4B | $2.5B | ||
| Q4 24 | $4.0B | $2.8B | ||
| Q3 24 | $2.3B | $3.0B | ||
| Q2 24 | $6.1B | $2.8B | ||
| Q1 24 | $4.5B | $2.3B |
净利润CTVAOC
| Q4 25 | $-552.0M | $-298.0M | ||
| Q3 25 | $-320.0M | $-494.0M | ||
| Q2 25 | $1.3B | $363.0M | ||
| Q1 25 | $652.0M | $-93.0M | ||
| Q4 24 | $-41.0M | $-258.0M | ||
| Q3 24 | $-524.0M | $321.0M | ||
| Q2 24 | $1.1B | $285.0M | ||
| Q1 24 | $419.0M | $299.0M |
毛利率CTVAOC
| Q4 25 | 42.4% | 23.2% | ||
| Q3 25 | 37.2% | 28.2% | ||
| Q2 25 | 54.6% | 31.2% | ||
| Q1 25 | 47.0% | 28.7% | ||
| Q4 24 | 37.3% | 28.1% | ||
| Q3 24 | 32.7% | 29.8% | ||
| Q2 24 | 52.3% | 31.1% | ||
| Q1 24 | 43.2% | 29.6% |
营业利润率CTVAOC
| Q4 25 | -13.6% | -10.5% | ||
| Q3 25 | -14.1% | -12.2% | ||
| Q2 25 | 27.9% | 18.4% | ||
| Q1 25 | 17.7% | 16.1% | ||
| Q4 24 | 2.2% | -8.5% | ||
| Q3 24 | -27.2% | 16.7% | ||
| Q2 24 | 21.9% | 16.4% | ||
| Q1 24 | 10.7% | 17.5% |
净利率CTVAOC
| Q4 25 | -14.1% | -13.9% | ||
| Q3 25 | -12.2% | -18.4% | ||
| Q2 25 | 20.4% | 13.2% | ||
| Q1 25 | 14.8% | -3.7% | ||
| Q4 24 | -1.0% | -9.1% | ||
| Q3 24 | -22.5% | 10.5% | ||
| Q2 24 | 17.2% | 10.2% | ||
| Q1 24 | 9.3% | 13.0% |
每股收益（稀释后）CTVAOC
| Q4 25 | $-0.80 | $-3.47 | ||
| Q3 25 | $-0.47 | $-5.92 | ||
| Q2 25 | $1.92 | $4.25 | ||
| Q1 25 | $0.95 | $-1.08 | ||
| Q4 24 | $-0.05 | $-2.92 | ||
| Q3 24 | $-0.76 | $3.65 | ||
| Q2 24 | $1.51 | $3.24 | ||
| Q1 24 | $0.60 | $3.40 |
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 | $4.5B | $345.0M |
| 总债务越低越好 | $1.7B | $4.7B |
| 股东权益账面价值 | $24.1B | $3.9B |
| 总资产 | $42.8B | $13.0B |
| 负债/权益比越低杠杆越低 | 0.07× | 1.22× |
8季度趋势，按日历期对齐
现金及短期投资CTVAOC
| Q4 25 | $4.5B | $345.0M | ||
| Q3 25 | $2.6B | $286.0M | ||
| Q2 25 | $2.1B | $230.0M | ||
| Q1 25 | $2.0B | $400.0M | ||
| Q4 24 | $3.2B | $361.0M | ||
| Q3 24 | $2.5B | $499.0M | ||
| Q2 24 | $2.0B | $254.0M | ||
| Q1 24 | $1.7B | $1.3B |
总债务CTVAOC
| Q4 25 | $1.7B | $4.7B | ||
| Q3 25 | $1.7B | $4.7B | ||
| Q2 25 | $1.7B | $5.1B | ||
| Q1 25 | $1.8B | $5.0B | ||
| Q4 24 | $2.0B | $5.1B | ||
| Q3 24 | $2.0B | $5.0B | ||
| Q2 24 | $2.5B | $5.0B | ||
| Q1 24 | $2.5B | $2.6B |
股东权益CTVAOC
| Q4 25 | $24.1B | $3.9B | ||
| Q3 25 | $25.2B | $4.4B | ||
| Q2 25 | $25.9B | $5.2B | ||
| Q1 25 | $24.3B | $4.9B | ||
| Q4 24 | $23.8B | $5.1B | ||
| Q3 24 | $24.7B | $5.6B | ||
| Q2 24 | $25.2B | $5.5B | ||
| Q1 24 | $24.8B | $5.2B |
总资产CTVAOC
| Q4 25 | $42.8B | $13.0B | ||
| Q3 25 | $42.2B | $13.5B | ||
| Q2 25 | $41.8B | $14.5B | ||
| Q1 25 | $42.1B | $14.3B | ||
| Q4 24 | $40.8B | $14.1B | ||
| Q3 24 | $41.9B | $15.1B | ||
| Q2 24 | $41.5B | $15.0B | ||
| Q1 24 | $43.6B | $11.3B |
负债/权益比CTVAOC
| Q4 25 | 0.07× | 1.22× | ||
| Q3 25 | 0.07× | 1.06× | ||
| Q2 25 | 0.07× | 0.98× | ||
| Q1 25 | 0.07× | 1.03× | ||
| Q4 24 | 0.08× | 1.01× | ||
| Q3 24 | 0.08× | 0.89× | ||
| Q2 24 | 0.10× | 0.92× | ||
| Q1 24 | 0.10× | 0.51× |
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 | $4.4B | $590.0M |
| 自由现金流经营现金流 - 资本支出 | $4.2B | $333.0M |
| 自由现金流率自由现金流/营收 | 106.2% | 15.5% |
| 资本支出强度资本支出/营收 | 5.7% | 12.0% |
| 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 | $2.8B | $962.0M |
8季度趋势，按日历期对齐
经营现金流CTVAOC
| Q4 25 | $4.4B | $590.0M | ||
| Q3 25 | $193.0M | $918.0M | ||
| Q2 25 | $947.0M | $327.0M | ||
| Q1 25 | $-2.1B | $-49.0M | ||
| Q4 24 | $4.2B | $676.0M | ||
| Q3 24 | $130.0M | $699.0M | ||
| Q2 24 | $451.0M | $493.0M | ||
| Q1 24 | $-2.6B | $24.0M |
自由现金流CTVAOC
| Q4 25 | $4.2B | $333.0M | ||
| Q3 25 | $36.0M | $752.0M | ||
| Q2 25 | $829.0M | $129.0M | ||
| Q1 25 | $-2.2B | $-252.0M | ||
| Q4 24 | $4.0B | $479.0M | ||
| Q3 24 | $-24.0M | $558.0M | ||
| Q2 24 | $337.0M | $336.0M | ||
| Q1 24 | $-2.8B | $-128.0M |
自由现金流率CTVAOC
| Q4 25 | 106.2% | 15.5% | ||
| Q3 25 | 1.4% | 28.0% | ||
| Q2 25 | 12.8% | 4.7% | ||
| Q1 25 | -49.9% | -10.0% | ||
| Q4 24 | 100.4% | 16.9% | ||
| Q3 24 | -1.0% | 18.3% | ||
| Q2 24 | 5.5% | 12.0% | ||
| Q1 24 | -61.4% | -5.6% |
资本支出强度CTVAOC
| Q4 25 | 5.7% | 12.0% | ||
| Q3 25 | 6.0% | 6.2% | ||
| Q2 25 | 1.8% | 7.2% | ||
| Q1 25 | 2.1% | 8.0% | ||
| Q4 24 | 4.6% | 6.9% | ||
| Q3 24 | 6.6% | 4.6% | ||
| Q2 24 | 1.9% | 5.6% | ||
| Q1 24 | 3.3% | 6.6% |
现金转化率CTVAOC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.72× | 0.90× | ||
| Q1 25 | -3.23× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.18× | ||
| Q2 24 | 0.43× | 1.73× | ||
| Q1 24 | -6.23× | 0.08× |
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
CTVA
| Corn | $1.4B | 35% |
| Herbicides | $1.1B | 27% |
| Insecticides | $488.0M | 12% |
| Fungicides | $272.0M | 7% |
| Biologicals | $191.0M | 5% |
| Soybean | $164.0M | 4% |
| Other | $160.0M | 4% |
| Otheroilseeds | $94.0M | 2% |
OC
| Insulation | $724.0M | 34% |
| Residential | $625.0M | 29% |
| Doors | $427.0M | 20% |
| Discontinued Operations Disposed Of By Sale | $299.0M | 14% |
| Commercial And Industrial Sector | $101.0M | 5% |
