vs
Ecovyst Inc.（ECVT）与亨斯迈（HUN）财务数据对比。点击上方公司名可切换其他公司
亨斯迈的季度营收约是Ecovyst Inc.的6.8倍（$1.4B vs $199.4M）。Ecovyst Inc.同比增速更快（34.0% vs -6.7%）。Ecovyst Inc.自由现金流更多（$22.9M vs $19.0M）。过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs -4.0%）
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。
亨斯迈公司是总部位于美国得克萨斯州伍德兰兹的全球化化工巨头，面向消费端与工业客户生产、销售各类化工产品，主营聚氨酯、高性能材料及胶粘剂，客户覆盖宝马、通用电气、雪佛龙、宝洁、联合利华等知名品牌。目前公司在全球25个国家设有60余处生产、研发及运营基地，员工约7000人。
ECVT vs HUN — 直观对比
营收规模更大
HUN
是对方的6.8倍
$199.4M
营收增速更快
ECVT
高出40.6%
-6.7%
自由现金流更多
ECVT
多$3.9M
$19.0M
两年增速更快
ECVT
近两年复合增速
-4.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $1.4B |
| 净利润 | — | $-96.0M |
| 毛利率 | 23.4% | 12.1% |
| 营业利润率 | 10.9% | -4.4% |
| 净利率 | — | -7.1% |
| 营收同比 | 34.0% | -6.7% |
| 净利润同比 | — | 31.9% |
| 每股收益（稀释后） | $0.06 | $-0.56 |
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ECVTHUN
| Q4 25 | $199.4M | $1.4B | ||
| Q3 25 | $204.9M | $1.5B | ||
| Q2 25 | $176.1M | $1.5B | ||
| Q1 25 | $143.1M | $1.4B | ||
| Q4 24 | $148.9M | $1.5B | ||
| Q3 24 | $153.9M | $1.5B | ||
| Q2 24 | $154.0M | $1.6B | ||
| Q1 24 | $141.6M | $1.5B |
净利润ECVTHUN
| Q4 25 | — | $-96.0M | ||
| Q3 25 | $-79.3M | $-25.0M | ||
| Q2 25 | $6.0M | $-158.0M | ||
| Q1 25 | $-3.6M | $-5.0M | ||
| Q4 24 | — | $-141.0M | ||
| Q3 24 | $14.3M | $-33.0M | ||
| Q2 24 | $8.3M | $22.0M | ||
| Q1 24 | $1.2M | $-37.0M |
毛利率ECVTHUN
| Q4 25 | 23.4% | 12.1% | ||
| Q3 25 | 25.4% | 14.0% | ||
| Q2 25 | 22.8% | 12.5% | ||
| Q1 25 | 13.3% | 14.3% | ||
| Q4 24 | 28.9% | 12.9% | ||
| Q3 24 | 29.3% | 15.2% | ||
| Q2 24 | 27.3% | 15.4% | ||
| Q1 24 | 23.5% | 13.7% |
营业利润率ECVTHUN
| Q4 25 | 10.9% | -4.4% | ||
| Q3 25 | 13.8% | 0.4% | ||
| Q2 25 | 9.0% | -8.2% | ||
| Q1 25 | -0.7% | 3.0% | ||
| Q4 24 | 15.1% | -4.3% | ||
| Q3 24 | 17.9% | 2.7% | ||
| Q2 24 | 14.1% | 2.2% | ||
| Q1 24 | 9.5% | -2.6% |
净利率ECVTHUN
| Q4 25 | — | -7.1% | ||
| Q3 25 | -38.7% | -1.7% | ||
| Q2 25 | 3.4% | -10.8% | ||
| Q1 25 | -2.5% | -0.4% | ||
| Q4 24 | — | -9.7% | ||
| Q3 24 | 9.3% | -2.1% | ||
| Q2 24 | 5.4% | 1.4% | ||
| Q1 24 | 0.9% | -2.5% |
每股收益（稀释后）ECVTHUN
| Q4 25 | $0.06 | $-0.56 | ||
| Q3 25 | $-0.69 | $-0.14 | ||
| Q2 25 | $0.05 | $-0.92 | ||
| Q1 25 | $-0.03 | $-0.03 | ||
| Q4 24 | $-0.26 | $-0.82 | ||
| Q3 24 | $0.12 | $-0.19 | ||
| Q2 24 | $0.07 | $0.13 | ||
| Q1 24 | $0.01 | $-0.22 |
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 | $429.0M |
| 总债务越低越好 | $392.6M | $2.0B |
| 股东权益账面价值 | $603.4M | $2.8B |
| 总资产 | $1.3B | $7.0B |
| 负债/权益比越低杠杆越低 | 0.65× | 0.73× |
8季度趋势，按日历期对齐
现金及短期投资ECVTHUN
| Q4 25 | $197.2M | $429.0M | ||
| Q3 25 | $82.0M | $468.0M | ||
| Q2 25 | $69.6M | $399.0M | ||
| Q1 25 | $127.5M | $334.0M | ||
| Q4 24 | $131.4M | $340.0M | ||
| Q3 24 | $123.5M | $330.0M | ||
| Q2 24 | $83.3M | $335.0M | ||
| Q1 24 | $103.1M | $552.0M |
总债务ECVTHUN
| Q4 25 | $392.6M | $2.0B | ||
| Q3 25 | $854.8M | $2.0B | ||
| Q2 25 | $856.6M | $2.0B | ||
| Q1 25 | $859.0M | $2.0B | ||
| Q4 24 | $860.8M | $1.8B | ||
| Q3 24 | $862.7M | $1.9B | ||
| Q2 24 | $862.4M | $1.9B | ||
| Q1 24 | $866.2M | $2.1B |
股东权益ECVTHUN
| Q4 25 | $603.4M | $2.8B | ||
| Q3 25 | $607.9M | $2.8B | ||
| Q2 25 | $692.4M | $2.8B | ||
| Q1 25 | $698.7M | $3.0B | ||
| Q4 24 | $700.5M | $3.0B | ||
| Q3 24 | $729.4M | $3.1B | ||
| Q2 24 | $717.3M | $3.1B | ||
| Q1 24 | $711.4M | $3.2B |
总资产ECVTHUN
| Q4 25 | $1.3B | $7.0B | ||
| Q3 25 | $1.7B | $7.1B | ||
| Q2 25 | $1.8B | $7.1B | ||
| Q1 25 | $1.8B | $7.2B | ||
| Q4 24 | $1.8B | $7.1B | ||
| Q3 24 | $1.8B | $7.3B | ||
| Q2 24 | $1.8B | $7.3B | ||
| Q1 24 | $1.8B | $7.6B |
负债/权益比ECVTHUN
| Q4 25 | 0.65× | 0.73× | ||
| Q3 25 | 1.41× | 0.73× | ||
| Q2 25 | 1.24× | 0.72× | ||
| Q1 25 | 1.23× | 0.66× | ||
| Q4 24 | 1.23× | 0.62× | ||
| Q3 24 | 1.18× | 0.60× | ||
| Q2 24 | 1.20× | 0.62× | ||
| Q1 24 | 1.22× | 0.65× |
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 | $76.0M |
| 自由现金流经营现金流 - 资本支出 | $22.9M | $19.0M |
| 自由现金流率自由现金流/营收 | 11.5% | 1.4% |
| 资本支出强度资本支出/营收 | 9.4% | 4.2% |
| 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 | $116.0M |
8季度趋势，按日历期对齐
经营现金流ECVTHUN
| Q4 25 | $41.8M | $76.0M | ||
| Q3 25 | $55.3M | $196.0M | ||
| Q2 25 | $33.0M | $91.0M | ||
| Q1 25 | $10.3M | $-74.0M | ||
| Q4 24 | $43.5M | $153.0M | ||
| Q3 24 | $59.9M | $129.0M | ||
| Q2 24 | $10.0M | $46.0M | ||
| Q1 24 | $36.5M | $-65.0M |
自由现金流ECVTHUN
| Q4 25 | $22.9M | $19.0M | ||
| Q3 25 | $53.2M | $153.0M | ||
| Q2 25 | $7.8M | $54.0M | ||
| Q1 25 | $-14.0M | $-110.0M | ||
| Q4 24 | $30.9M | $102.0M | ||
| Q3 24 | $53.6M | $88.0M | ||
| Q2 24 | $-9.3M | $-4.0M | ||
| Q1 24 | $19.1M | $-107.0M |
自由现金流率ECVTHUN
| Q4 25 | 11.5% | 1.4% | ||
| Q3 25 | 26.0% | 10.5% | ||
| Q2 25 | 4.4% | 3.7% | ||
| Q1 25 | -9.8% | -7.8% | ||
| Q4 24 | 20.7% | 7.0% | ||
| Q3 24 | 34.9% | 5.7% | ||
| Q2 24 | -6.1% | -0.3% | ||
| Q1 24 | 13.5% | -7.3% |
资本支出强度ECVTHUN
| Q4 25 | 9.4% | 4.2% | ||
| Q3 25 | 1.0% | 2.9% | ||
| Q2 25 | 14.4% | 2.5% | ||
| Q1 25 | 16.9% | 2.6% | ||
| Q4 24 | 8.5% | 3.5% | ||
| Q3 24 | 4.1% | 2.7% | ||
| Q2 24 | 12.5% | 3.2% | ||
| Q1 24 | 12.3% | 2.9% |
现金转化率ECVTHUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.52× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.21× | — | ||
| Q2 24 | 1.20× | 2.09× | ||
| 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% |
HUN
| Diversified | $897.0M | 66% |
| Specialty | $231.0M | 17% |
| Performance Products | $113.0M | 8% |
| Advanced Materials | $61.0M | 5% |
| Related Party Customers | $19.0M | 1% |
| Other | $12.0M | 1% |
