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Ecovyst Inc.（ECVT）与IBEX Ltd（IBEX）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IBEX Ltd的1.2倍（$199.4M vs $164.2M），Ecovyst Inc.同比增速更快（34.0% vs 16.7%），Ecovyst Inc.自由现金流更多（$22.9M vs $-5.1M），过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs 13.8%）
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。
IBEX 35是西班牙主要交易所马德里证券交易所的基准股票指数，该指数始创于1992年，由西班牙证券市场集团BME旗下的交易所公司负责计算与管理。它以市值加权编制，涵盖马德里证券交易所流动性最高的35只西班牙股票，每年进行两次成分股调整。
ECVT vs IBEX — 直观对比
营收规模更大
ECVT
是对方的1.2倍
$164.2M
营收增速更快
ECVT
高出17.2%
16.7%
自由现金流更多
ECVT
多$28.0M
$-5.1M
两年增速更快
ECVT
近两年复合增速
13.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $164.2M |
| 净利润 | — | $12.2M |
| 毛利率 | 23.4% | — |
| 营业利润率 | 10.9% | 9.3% |
| 净利率 | — | 7.4% |
| 营收同比 | 34.0% | 16.7% |
| 净利润同比 | — | 31.8% |
| 每股收益（稀释后） | $0.06 | $0.83 |
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ECVTIBEX
| Q4 25 | $199.4M | $164.2M | ||
| Q3 25 | $204.9M | $151.2M | ||
| Q2 25 | $176.1M | $147.1M | ||
| Q1 25 | $143.1M | $140.7M | ||
| Q4 24 | $148.9M | $140.7M | ||
| Q3 24 | $153.9M | $129.7M | ||
| Q2 24 | $154.0M | $124.5M | ||
| Q1 24 | $141.6M | $126.8M |
净利润ECVTIBEX
| Q4 25 | — | $12.2M | ||
| Q3 25 | $-79.3M | $12.0M | ||
| Q2 25 | $6.0M | $9.6M | ||
| Q1 25 | $-3.6M | $10.5M | ||
| Q4 24 | — | $9.3M | ||
| Q3 24 | $14.3M | $7.5M | ||
| Q2 24 | $8.3M | $9.8M | ||
| Q1 24 | $1.2M | $10.3M |
毛利率ECVTIBEX
| 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ECVTIBEX
| Q4 25 | 10.9% | 9.3% | ||
| Q3 25 | 13.8% | 9.1% | ||
| Q2 25 | 9.0% | 8.3% | ||
| Q1 25 | -0.7% | 9.5% | ||
| Q4 24 | 15.1% | 8.5% | ||
| Q3 24 | 17.9% | 7.0% | ||
| Q2 24 | 14.1% | 10.3% | ||
| Q1 24 | 9.5% | 8.9% |
净利率ECVTIBEX
| Q4 25 | — | 7.4% | ||
| Q3 25 | -38.7% | 8.0% | ||
| Q2 25 | 3.4% | 6.5% | ||
| Q1 25 | -2.5% | 7.4% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | 9.3% | 5.8% | ||
| Q2 24 | 5.4% | 7.9% | ||
| Q1 24 | 0.9% | 8.1% |
每股收益（稀释后）ECVTIBEX
| Q4 25 | $0.06 | $0.83 | ||
| Q3 25 | $-0.69 | $0.82 | ||
| Q2 25 | $0.05 | $0.63 | ||
| Q1 25 | $-0.03 | $0.73 | ||
| Q4 24 | $-0.26 | $0.57 | ||
| Q3 24 | $0.12 | $0.43 | ||
| Q2 24 | $0.07 | $0.55 | ||
| Q1 24 | $0.01 | $0.57 |
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 | $15.5M |
| 总债务越低越好 | $392.6M | $594.0K |
| 股东权益账面价值 | $603.4M | $154.5M |
| 总资产 | $1.3B | $295.8M |
| 负债/权益比越低杠杆越低 | 0.65× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ECVTIBEX
| Q4 25 | $197.2M | $15.5M | ||
| Q3 25 | $82.0M | $22.7M | ||
| Q2 25 | $69.6M | $15.3M | ||
| Q1 25 | $127.5M | $13.0M | ||
| Q4 24 | $131.4M | $20.2M | ||
| Q3 24 | $123.5M | $62.3M | ||
| Q2 24 | $83.3M | $62.7M | ||
| Q1 24 | $103.1M | $50.7M |
总债务ECVTIBEX
| Q4 25 | $392.6M | $594.0K | ||
| Q3 25 | $854.8M | $726.0K | ||
| Q2 25 | $856.6M | $796.0K | ||
| Q1 25 | $859.0M | $735.0K | ||
| Q4 24 | $860.8M | $695.0K | ||
| Q3 24 | $862.7M | $802.0K | ||
| Q2 24 | $862.4M | $867.0K | ||
| Q1 24 | $866.2M | $820.0K |
股东权益ECVTIBEX
| Q4 25 | $603.4M | $154.5M | ||
| Q3 25 | $607.9M | $143.6M | ||
| Q2 25 | $692.4M | $134.3M | ||
| Q1 25 | $698.7M | $124.2M | ||
| Q4 24 | $700.5M | $108.9M | ||
| Q3 24 | $729.4M | $171.1M | ||
| Q2 24 | $717.3M | $165.8M | ||
| Q1 24 | $711.4M | $159.3M |
总资产ECVTIBEX
| Q4 25 | $1.3B | $295.8M | ||
| Q3 25 | $1.7B | $283.9M | ||
| Q2 25 | $1.8B | $273.2M | ||
| Q1 25 | $1.8B | $274.7M | ||
| Q4 24 | $1.8B | $272.5M | ||
| Q3 24 | $1.8B | $306.3M | ||
| Q2 24 | $1.8B | $293.9M | ||
| Q1 24 | $1.8B | $289.6M |
负债/权益比ECVTIBEX
| Q4 25 | 0.65× | 0.00× | ||
| Q3 25 | 1.41× | 0.01× | ||
| Q2 25 | 1.24× | 0.01× | ||
| Q1 25 | 1.23× | 0.01× | ||
| Q4 24 | 1.23× | 0.01× | ||
| Q3 24 | 1.18× | 0.00× | ||
| Q2 24 | 1.20× | 0.01× | ||
| Q1 24 | 1.22× | 0.01× |
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 | $6.6M |
| 自由现金流经营现金流 - 资本支出 | $22.9M | $-5.1M |
| 自由现金流率自由现金流/营收 | 11.5% | -3.1% |
| 资本支出强度资本支出/营收 | 9.4% | 7.1% |
| 现金转化率经营现金流/净利润 | — | 0.54× |
| 过去12个月自由现金流最近4个季度 | $69.9M | $29.3M |
8季度趋势，按日历期对齐
经营现金流ECVTIBEX
| Q4 25 | $41.8M | $6.6M | ||
| Q3 25 | $55.3M | $15.7M | ||
| Q2 25 | $33.0M | $27.9M | ||
| Q1 25 | $10.3M | $8.8M | ||
| Q4 24 | $43.5M | $1.1M | ||
| Q3 24 | $59.9M | $7.8M | ||
| Q2 24 | $10.0M | $17.4M | ||
| Q1 24 | $36.5M | $11.4M |
自由现金流ECVTIBEX
| Q4 25 | $22.9M | $-5.1M | ||
| Q3 25 | $53.2M | $8.0M | ||
| Q2 25 | $7.8M | $22.8M | ||
| Q1 25 | $-14.0M | $3.6M | ||
| Q4 24 | $30.9M | $-3.2M | ||
| Q3 24 | $53.6M | $4.1M | ||
| Q2 24 | $-9.3M | $15.2M | ||
| Q1 24 | $19.1M | $9.7M |
自由现金流率ECVTIBEX
| Q4 25 | 11.5% | -3.1% | ||
| Q3 25 | 26.0% | 5.3% | ||
| Q2 25 | 4.4% | 15.5% | ||
| Q1 25 | -9.8% | 2.5% | ||
| Q4 24 | 20.7% | -2.3% | ||
| Q3 24 | 34.9% | 3.2% | ||
| Q2 24 | -6.1% | 12.2% | ||
| Q1 24 | 13.5% | 7.7% |
资本支出强度ECVTIBEX
| Q4 25 | 9.4% | 7.1% | ||
| Q3 25 | 1.0% | 5.1% | ||
| Q2 25 | 14.4% | 3.5% | ||
| Q1 25 | 16.9% | 3.7% | ||
| Q4 24 | 8.5% | 3.1% | ||
| Q3 24 | 4.1% | 2.8% | ||
| Q2 24 | 12.5% | 1.8% | ||
| Q1 24 | 12.3% | 1.3% |
现金转化率ECVTIBEX
| Q4 25 | — | 0.54× | ||
| Q3 25 | — | 1.30× | ||
| Q2 25 | 5.52× | 2.91× | ||
| Q1 25 | — | 0.84× | ||
| Q4 24 | — | 0.12× | ||
| Q3 24 | 4.21× | 1.03× | ||
| Q2 24 | 1.20× | 1.77× | ||
| Q1 24 | 29.90× | 1.11× |
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% |
IBEX
| Transferred Over Time | $147.1M | 90% |
| Transferred At Point In Time | $17.1M | 10% |
