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Ecovyst Inc.（ECVT）与INNOSPEC INC.（IOSP）财务数据对比。点击上方公司名可切换其他公司
INNOSPEC INC.的季度营收约是Ecovyst Inc.的2.3倍（$455.6M vs $199.4M）。Ecovyst Inc.同比增速更快（34.0% vs -2.4%）。INNOSPEC INC.自由现金流更多（$46.8M vs $22.9M）。过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs -4.6%）
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。
Innospec Inc.是一家美国特种化学品企业，前身为奥克泰尔公司及联合奥克泰尔有限公司，旗下设有三大业务板块：高性能化学品业务覆盖个人护理、家居护理、农化、采矿及工业市场；燃料特种化学品业务专注于生产和供应燃油添加剂；油田服务业务则提供钻井、完井及采油相关化学品。
ECVT vs IOSP — 直观对比
营收规模更大
IOSP
是对方的2.3倍
$199.4M
营收增速更快
ECVT
高出36.4%
-2.4%
自由现金流更多
IOSP
多$23.9M
$22.9M
两年增速更快
ECVT
近两年复合增速
-4.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $455.6M |
| 净利润 | — | $47.4M |
| 毛利率 | 23.4% | 28.0% |
| 营业利润率 | 10.9% | 10.3% |
| 净利率 | — | 10.4% |
| 营收同比 | 34.0% | -2.4% |
| 净利润同比 | — | 167.3% |
| 每股收益（稀释后） | $0.06 | $1.90 |
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ECVTIOSP
| Q4 25 | $199.4M | $455.6M | ||
| Q3 25 | $204.9M | $441.9M | ||
| Q2 25 | $176.1M | $439.7M | ||
| Q1 25 | $143.1M | $440.8M | ||
| Q4 24 | $148.9M | $466.8M | ||
| Q3 24 | $153.9M | $443.4M | ||
| Q2 24 | $154.0M | $435.0M | ||
| Q1 24 | $141.6M | $500.2M |
净利润ECVTIOSP
| Q4 25 | — | $47.4M | ||
| Q3 25 | $-79.3M | $12.9M | ||
| Q2 25 | $6.0M | $23.5M | ||
| Q1 25 | $-3.6M | $32.8M | ||
| Q4 24 | — | $-70.4M | ||
| Q3 24 | $14.3M | $33.4M | ||
| Q2 24 | $8.3M | $31.2M | ||
| Q1 24 | $1.2M | $41.4M |
毛利率ECVTIOSP
| Q4 25 | 23.4% | 28.0% | ||
| Q3 25 | 25.4% | 26.4% | ||
| Q2 25 | 22.8% | 28.0% | ||
| Q1 25 | 13.3% | 28.4% | ||
| Q4 24 | 28.9% | 29.2% | ||
| Q3 24 | 29.3% | 28.0% | ||
| Q2 24 | 27.3% | 29.2% | ||
| Q1 24 | 23.5% | 31.1% |
营业利润率ECVTIOSP
| Q4 25 | 10.9% | 10.3% | ||
| Q3 25 | 13.8% | 1.3% | ||
| Q2 25 | 9.0% | 7.8% | ||
| Q1 25 | -0.7% | 9.6% | ||
| Q4 24 | 15.1% | 8.8% | ||
| Q3 24 | 17.9% | 10.3% | ||
| Q2 24 | 14.1% | 9.4% | ||
| Q1 24 | 9.5% | 10.1% |
净利率ECVTIOSP
| Q4 25 | — | 10.4% | ||
| Q3 25 | -38.7% | 2.9% | ||
| Q2 25 | 3.4% | 5.3% | ||
| Q1 25 | -2.5% | 7.4% | ||
| Q4 24 | — | -15.1% | ||
| Q3 24 | 9.3% | 7.5% | ||
| Q2 24 | 5.4% | 7.2% | ||
| Q1 24 | 0.9% | 8.3% |
每股收益（稀释后）ECVTIOSP
| Q4 25 | $0.06 | $1.90 | ||
| Q3 25 | $-0.69 | $0.52 | ||
| Q2 25 | $0.05 | $0.94 | ||
| Q1 25 | $-0.03 | $1.31 | ||
| Q4 24 | $-0.26 | $-2.80 | ||
| Q3 24 | $0.12 | $1.33 | ||
| Q2 24 | $0.07 | $1.24 | ||
| Q1 24 | $0.01 | $1.65 |
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 | $292.5M |
| 总债务越低越好 | $392.6M | — |
| 股东权益账面价值 | $603.4M | $1.3B |
| 总资产 | $1.3B | $1.8B |
| 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ECVTIOSP
| Q4 25 | $197.2M | $292.5M | ||
| Q3 25 | $82.0M | $270.8M | ||
| Q2 25 | $69.6M | $266.6M | ||
| Q1 25 | $127.5M | $299.8M | ||
| Q4 24 | $131.4M | $289.2M | ||
| Q3 24 | $123.5M | $303.8M | ||
| Q2 24 | $83.3M | $240.2M | ||
| Q1 24 | $103.1M | $270.1M |
总债务ECVTIOSP
| Q4 25 | $392.6M | — | ||
| Q3 25 | $854.8M | — | ||
| Q2 25 | $856.6M | — | ||
| Q1 25 | $859.0M | — | ||
| Q4 24 | $860.8M | — | ||
| Q3 24 | $862.7M | — | ||
| Q2 24 | $862.4M | — | ||
| Q1 24 | $866.2M | — |
股东权益ECVTIOSP
| Q4 25 | $603.4M | $1.3B | ||
| Q3 25 | $607.9M | $1.3B | ||
| Q2 25 | $692.4M | $1.3B | ||
| Q1 25 | $698.7M | $1.3B | ||
| Q4 24 | $700.5M | $1.2B | ||
| Q3 24 | $729.4M | $1.2B | ||
| Q2 24 | $717.3M | $1.2B | ||
| Q1 24 | $711.4M | $1.2B |
总资产ECVTIOSP
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $1.7B | $1.8B | ||
| Q2 25 | $1.8B | $1.8B | ||
| Q1 25 | $1.8B | $1.8B | ||
| Q4 24 | $1.8B | $1.7B | ||
| Q3 24 | $1.8B | $1.8B | ||
| Q2 24 | $1.8B | $1.7B | ||
| Q1 24 | $1.8B | $1.7B |
负债/权益比ECVTIOSP
| 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 | $61.4M |
| 自由现金流经营现金流 - 资本支出 | $22.9M | $46.8M |
| 自由现金流率自由现金流/营收 | 11.5% | 10.3% |
| 资本支出强度资本支出/营收 | 9.4% | 3.2% |
| 现金转化率经营现金流/净利润 | — | 1.30× |
| 过去12个月自由现金流最近4个季度 | $69.9M | $88.0M |
8季度趋势，按日历期对齐
经营现金流ECVTIOSP
| Q4 25 | $41.8M | $61.4M | ||
| Q3 25 | $55.3M | $39.3M | ||
| Q2 25 | $33.0M | $9.3M | ||
| Q1 25 | $10.3M | $28.3M | ||
| Q4 24 | $43.5M | $25.7M | ||
| Q3 24 | $59.9M | $73.5M | ||
| Q2 24 | $10.0M | $4.7M | ||
| Q1 24 | $36.5M | $80.6M |
自由现金流ECVTIOSP
| Q4 25 | $22.9M | $46.8M | ||
| Q3 25 | $53.2M | $25.0M | ||
| Q2 25 | $7.8M | $-3.7M | ||
| Q1 25 | $-14.0M | $19.9M | ||
| Q4 24 | $30.9M | $13.6M | ||
| Q3 24 | $53.6M | $65.8M | ||
| Q2 24 | $-9.3M | $-6.2M | ||
| Q1 24 | $19.1M | $69.9M |
自由现金流率ECVTIOSP
| Q4 25 | 11.5% | 10.3% | ||
| Q3 25 | 26.0% | 5.7% | ||
| Q2 25 | 4.4% | -0.8% | ||
| Q1 25 | -9.8% | 4.5% | ||
| Q4 24 | 20.7% | 2.9% | ||
| Q3 24 | 34.9% | 14.8% | ||
| Q2 24 | -6.1% | -1.4% | ||
| Q1 24 | 13.5% | 14.0% |
资本支出强度ECVTIOSP
| Q4 25 | 9.4% | 3.2% | ||
| Q3 25 | 1.0% | 3.2% | ||
| Q2 25 | 14.4% | 3.0% | ||
| Q1 25 | 16.9% | 1.9% | ||
| Q4 24 | 8.5% | 2.6% | ||
| Q3 24 | 4.1% | 1.7% | ||
| Q2 24 | 12.5% | 2.5% | ||
| Q1 24 | 12.3% | 2.1% |
现金转化率ECVTIOSP
| Q4 25 | — | 1.30× | ||
| Q3 25 | — | 3.05× | ||
| Q2 25 | 5.52× | 0.40× | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.21× | 2.20× | ||
| Q2 24 | 1.20× | 0.15× | ||
| Q1 24 | 29.90× | 1.95× |
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% |
IOSP
| Refinery And Performance | $147.0M | 32% |
| Personal Care | $99.7M | 22% |
| Oilfield Services | $93.1M | 20% |
| Other Fuel Specialties | $47.1M | 10% |
| Other Performance Chemicals | $40.0M | 9% |
| Home Care | $28.7M | 6% |
