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Ecovyst Inc.（ECVT）与Fat Brands, Inc（FAT）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Fat Brands, Inc的1.4倍（$199.4M vs $140.0M），Ecovyst Inc.同比增速更快（34.0% vs -2.3%），Ecovyst Inc.自由现金流更多（$22.9M vs $-16.9M），过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs -6.1%）
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。
FAT Brands是来自美国的多品牌餐饮与体育酒吧连锁运营商，总部位于加利福尼亚州比弗利山庄，主要开展餐饮品牌的连锁加盟运营业务，旗下涵盖多个餐饮及休闲体育酒吧品牌。
ECVT vs FAT — 直观对比
营收规模更大
ECVT
是对方的1.4倍
$140.0M
营收增速更快
ECVT
高出36.3%
-2.3%
自由现金流更多
ECVT
多$39.8M
$-16.9M
两年增速更快
ECVT
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $140.0M |
| 净利润 | — | $-58.2M |
| 毛利率 | 23.4% | — |
| 营业利润率 | 10.9% | -12.4% |
| 净利率 | — | -41.6% |
| 营收同比 | 34.0% | -2.3% |
| 净利润同比 | — | -30.1% |
| 每股收益（稀释后） | $0.06 | $-3.39 |
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ECVTFAT
| Q4 25 | $199.4M | — | ||
| Q3 25 | $204.9M | $140.0M | ||
| Q2 25 | $176.1M | $146.8M | ||
| Q1 25 | $143.1M | $142.0M | ||
| Q4 24 | $148.9M | $145.3M | ||
| Q3 24 | $153.9M | $143.4M | ||
| Q2 24 | $154.0M | $152.0M | ||
| Q1 24 | $141.6M | $152.0M |
净利润ECVTFAT
| Q4 25 | — | — | ||
| Q3 25 | $-79.3M | $-58.2M | ||
| Q2 25 | $6.0M | $-54.2M | ||
| Q1 25 | $-3.6M | $-46.0M | ||
| Q4 24 | — | $-67.4M | ||
| Q3 24 | $14.3M | $-44.8M | ||
| Q2 24 | $8.3M | $-39.4M | ||
| Q1 24 | $1.2M | $-38.3M |
毛利率ECVTFAT
| Q4 25 | 23.4% | — | ||
| Q3 25 | 25.4% | — | ||
| Q2 25 | 22.8% | — | ||
| Q1 25 | 13.3% | — | ||
| Q4 24 | 28.9% | — | ||
| Q3 24 | 29.3% | — | ||
| Q2 24 | 27.3% | — | ||
| Q1 24 | 23.5% | — |
营业利润率ECVTFAT
| Q4 25 | 10.9% | — | ||
| Q3 25 | 13.8% | -12.4% | ||
| Q2 25 | 9.0% | -10.6% | ||
| Q1 25 | -0.7% | -6.0% | ||
| Q4 24 | 15.1% | -27.1% | ||
| Q3 24 | 17.9% | -6.2% | ||
| Q2 24 | 14.1% | -1.8% | ||
| Q1 24 | 9.5% | -0.9% |
净利率ECVTFAT
| Q4 25 | — | — | ||
| Q3 25 | -38.7% | -41.6% | ||
| Q2 25 | 3.4% | -36.9% | ||
| Q1 25 | -2.5% | -32.4% | ||
| Q4 24 | — | -46.4% | ||
| Q3 24 | 9.3% | -31.2% | ||
| Q2 24 | 5.4% | -25.9% | ||
| Q1 24 | 0.9% | -25.2% |
每股收益（稀释后）ECVTFAT
| Q4 25 | $0.06 | — | ||
| Q3 25 | $-0.69 | $-3.39 | ||
| Q2 25 | $0.05 | $-3.17 | ||
| Q1 25 | $-0.03 | $-2.73 | ||
| Q4 24 | $-0.26 | $-4.06 | ||
| Q3 24 | $0.12 | $-2.74 | ||
| Q2 24 | $0.07 | $-2.43 | ||
| Q1 24 | $0.01 | $-2.37 |
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 | $197.2M | — |
| 总债务越低越好 | $392.6M | $1.3B |
| 股东权益账面价值 | $603.4M | $-585.8M |
| 总资产 | $1.3B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.65× | — |
8季度趋势，按日历期对齐
现金及短期投资ECVTFAT
| Q4 25 | $197.2M | — | ||
| Q3 25 | $82.0M | — | ||
| Q2 25 | $69.6M | — | ||
| Q1 25 | $127.5M | — | ||
| Q4 24 | $131.4M | — | ||
| Q3 24 | $123.5M | — | ||
| Q2 24 | $83.3M | — | ||
| Q1 24 | $103.1M | — |
总债务ECVTFAT
| Q4 25 | $392.6M | — | ||
| Q3 25 | $854.8M | $1.3B | ||
| Q2 25 | $856.6M | $1.3B | ||
| Q1 25 | $859.0M | $1.3B | ||
| Q4 24 | $860.8M | $1.3B | ||
| Q3 24 | $862.7M | $1.2B | ||
| Q2 24 | $862.4M | $1.2B | ||
| Q1 24 | $866.2M | $1.2B |
股东权益ECVTFAT
| Q4 25 | $603.4M | — | ||
| Q3 25 | $607.9M | $-585.8M | ||
| Q2 25 | $692.4M | $-536.5M | ||
| Q1 25 | $698.7M | $-493.9M | ||
| Q4 24 | $700.5M | $-455.7M | ||
| Q3 24 | $729.4M | $-386.1M | ||
| Q2 24 | $717.3M | $-338.6M | ||
| Q1 24 | $711.4M | $-296.8M |
总资产ECVTFAT
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.7B | $1.2B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | $1.8B | $1.3B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $1.8B | $1.4B | ||
| Q1 24 | $1.8B | $1.4B |
负债/权益比ECVTFAT
| Q4 25 | 0.65× | — | ||
| Q3 25 | 1.41× | — | ||
| Q2 25 | 1.24× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 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 | $41.8M | $-14.5M |
| 自由现金流经营现金流 - 资本支出 | $22.9M | $-16.9M |
| 自由现金流率自由现金流/营收 | 11.5% | -12.1% |
| 资本支出强度资本支出/营收 | 9.4% | 1.7% |
| 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 | $69.9M | $-75.0M |
8季度趋势，按日历期对齐
经营现金流ECVTFAT
| Q4 25 | $41.8M | — | ||
| Q3 25 | $55.3M | $-14.5M | ||
| Q2 25 | $33.0M | $-26.9M | ||
| Q1 25 | $10.3M | $-13.2M | ||
| Q4 24 | $43.5M | $-10.4M | ||
| Q3 24 | $59.9M | $-3.2M | ||
| Q2 24 | $10.0M | $-14.2M | ||
| Q1 24 | $36.5M | $-28.4M |
自由现金流ECVTFAT
| Q4 25 | $22.9M | — | ||
| Q3 25 | $53.2M | $-16.9M | ||
| Q2 25 | $7.8M | $-29.3M | ||
| Q1 25 | $-14.0M | $-17.8M | ||
| Q4 24 | $30.9M | $-11.0M | ||
| Q3 24 | $53.6M | $-11.1M | ||
| Q2 24 | $-9.3M | $-24.4M | ||
| Q1 24 | $19.1M | $-32.5M |
自由现金流率ECVTFAT
| Q4 25 | 11.5% | — | ||
| Q3 25 | 26.0% | -12.1% | ||
| Q2 25 | 4.4% | -20.0% | ||
| Q1 25 | -9.8% | -12.5% | ||
| Q4 24 | 20.7% | -7.6% | ||
| Q3 24 | 34.9% | -7.7% | ||
| Q2 24 | -6.1% | -16.1% | ||
| Q1 24 | 13.5% | -21.4% |
资本支出强度ECVTFAT
| Q4 25 | 9.4% | — | ||
| Q3 25 | 1.0% | 1.7% | ||
| Q2 25 | 14.4% | 1.6% | ||
| Q1 25 | 16.9% | 3.2% | ||
| Q4 24 | 8.5% | 0.4% | ||
| Q3 24 | 4.1% | 5.5% | ||
| Q2 24 | 12.5% | 6.7% | ||
| Q1 24 | 12.3% | 2.7% |
现金转化率ECVTFAT
| 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
ECVT
| Industrial Mining Automotive | $101.3M | 51% |
| Regeneration And Treatment Services | $90.0M | 45% |
| Other | $8.1M | 4% |
FAT
| Restaurant Sales | $96.6M | 69% |
| Royalty | $21.6M | 15% |
| Factory | $9.6M | 7% |
| Advertising | $9.1M | 7% |
| Franchisor | $1.5M | 1% |
| Other | $1.5M | 1% |
