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Ecovyst Inc.（ECVT）与LANDS' END, INC.（LE）财务数据对比。点击上方公司名可切换其他公司
LANDS' END, INC.的季度营收约是Ecovyst Inc.的1.6倍（$317.5M vs $199.4M），Ecovyst Inc.同比增速更快（34.0% vs 0.1%），Ecovyst Inc.自由现金流更多（$22.9M vs $-22.4M），过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs -0.9%）
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。
Lands' End是1963年诞生于美国芝加哥的服饰零售品牌，最初以邮购游艇用品起家，目前业务拓展至服饰、箱包与家居用品领域。截至2024年2月，品牌在美国本土共开设26家门店，总部位于威斯康星州道奇维尔。品牌名源自地名兰兹角，因创立时印刷错了撇号位置又无力重印，错拼的名称便沿用至今。
ECVT vs LE — 直观对比
营收规模更大
LE
是对方的1.6倍
$199.4M
营收增速更快
ECVT
高出33.9%
0.1%
自由现金流更多
ECVT
多$45.4M
$-22.4M
两年增速更快
ECVT
近两年复合增速
-0.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $317.5M |
| 净利润 | — | $5.2M |
| 毛利率 | 23.4% | 51.8% |
| 营业利润率 | 10.9% | 5.3% |
| 净利率 | — | 1.6% |
| 营收同比 | 34.0% | 0.1% |
| 净利润同比 | — | 198.3% |
| 每股收益（稀释后） | $0.06 | $0.17 |
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ECVTLE
| Q4 25 | $199.4M | $317.5M | ||
| Q3 25 | $204.9M | — | ||
| Q2 25 | $176.1M | $261.2M | ||
| Q1 25 | $143.1M | — | ||
| Q4 24 | $148.9M | $318.6M | ||
| Q3 24 | $153.9M | $317.2M | ||
| Q2 24 | $154.0M | $285.5M | ||
| Q1 24 | $141.6M | $514.9M |
净利润ECVTLE
| Q4 25 | — | $5.2M | ||
| Q3 25 | $-79.3M | — | ||
| Q2 25 | $6.0M | $-8.3M | ||
| Q1 25 | $-3.6M | — | ||
| Q4 24 | — | $-593.0K | ||
| Q3 24 | $14.3M | $-5.3M | ||
| Q2 24 | $8.3M | $-6.4M | ||
| Q1 24 | $1.2M | $-8.6M |
毛利率ECVTLE
| Q4 25 | 23.4% | 51.8% | ||
| Q3 25 | 25.4% | — | ||
| Q2 25 | 22.8% | 50.8% | ||
| Q1 25 | 13.3% | — | ||
| Q4 24 | 28.9% | 50.6% | ||
| Q3 24 | 29.3% | 47.9% | ||
| Q2 24 | 27.3% | 48.7% | ||
| Q1 24 | 23.5% | 38.0% |
营业利润率ECVTLE
| Q4 25 | 10.9% | 5.3% | ||
| Q3 25 | 13.8% | — | ||
| Q2 25 | 9.0% | -0.9% | ||
| Q1 25 | -0.7% | — | ||
| Q4 24 | 15.1% | 2.9% | ||
| Q3 24 | 17.9% | 0.8% | ||
| Q2 24 | 14.1% | 0.8% | ||
| Q1 24 | 9.5% | 1.6% |
净利率ECVTLE
| Q4 25 | — | 1.6% | ||
| Q3 25 | -38.7% | — | ||
| Q2 25 | 3.4% | -3.2% | ||
| Q1 25 | -2.5% | — | ||
| Q4 24 | — | -0.2% | ||
| Q3 24 | 9.3% | -1.7% | ||
| Q2 24 | 5.4% | -2.3% | ||
| Q1 24 | 0.9% | -1.7% |
每股收益（稀释后）ECVTLE
| Q4 25 | $0.06 | $0.17 | ||
| Q3 25 | $-0.69 | — | ||
| Q2 25 | $0.05 | $-0.27 | ||
| Q1 25 | $-0.03 | — | ||
| Q4 24 | $-0.26 | $-0.02 | ||
| Q3 24 | $0.12 | $-0.17 | ||
| Q2 24 | $0.07 | $-0.20 | ||
| Q1 24 | $0.01 | $-0.27 |
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 | $36.3M |
| 总债务越低越好 | $392.6M | — |
| 股东权益账面价值 | $603.4M | $231.0M |
| 总资产 | $1.3B | $852.7M |
| 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ECVTLE
| Q4 25 | $197.2M | $36.3M | ||
| Q3 25 | $82.0M | — | ||
| Q2 25 | $69.6M | $18.1M | ||
| Q1 25 | $127.5M | — | ||
| Q4 24 | $131.4M | $30.4M | ||
| Q3 24 | $123.5M | $25.6M | ||
| Q2 24 | $83.3M | $27.4M | ||
| Q1 24 | $103.1M | $25.3M |
总债务ECVTLE
| 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ECVTLE
| Q4 25 | $603.4M | $231.0M | ||
| Q3 25 | $607.9M | — | ||
| Q2 25 | $692.4M | $230.1M | ||
| Q1 25 | $698.7M | — | ||
| Q4 24 | $700.5M | $223.6M | ||
| Q3 24 | $729.4M | $226.5M | ||
| Q2 24 | $717.3M | $234.6M | ||
| Q1 24 | $711.4M | $241.6M |
总资产ECVTLE
| Q4 25 | $1.3B | $852.7M | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.8B | $760.5M | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $1.8B | $843.6M | ||
| Q3 24 | $1.8B | $802.5M | ||
| Q2 24 | $1.8B | $800.1M | ||
| Q1 24 | $1.8B | $811.5M |
负债/权益比ECVTLE
| 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 | $-15.7M |
| 自由现金流经营现金流 - 资本支出 | $22.9M | $-22.4M |
| 自由现金流率自由现金流/营收 | 11.5% | -7.1% |
| 资本支出强度资本支出/营收 | 9.4% | 2.1% |
| 现金转化率经营现金流/净利润 | — | -3.03× |
| 过去12个月自由现金流最近4个季度 | $69.9M | $-55.0M |
8季度趋势，按日历期对齐
经营现金流ECVTLE
| Q4 25 | $41.8M | $-15.7M | ||
| Q3 25 | $55.3M | — | ||
| Q2 25 | $33.0M | $-22.5M | ||
| Q1 25 | $10.3M | — | ||
| Q4 24 | $43.5M | $-17.1M | ||
| Q3 24 | $59.9M | $30.7M | ||
| Q2 24 | $10.0M | $-25.8M | ||
| Q1 24 | $36.5M | $93.9M |
自由现金流ECVTLE
| Q4 25 | $22.9M | $-22.4M | ||
| Q3 25 | $53.2M | — | ||
| Q2 25 | $7.8M | $-30.7M | ||
| Q1 25 | $-14.0M | — | ||
| Q4 24 | $30.9M | $-27.8M | ||
| Q3 24 | $53.6M | $26.0M | ||
| Q2 24 | $-9.3M | $-32.6M | ||
| Q1 24 | $19.1M | $87.5M |
自由现金流率ECVTLE
| Q4 25 | 11.5% | -7.1% | ||
| Q3 25 | 26.0% | — | ||
| Q2 25 | 4.4% | -11.8% | ||
| Q1 25 | -9.8% | — | ||
| Q4 24 | 20.7% | -8.7% | ||
| Q3 24 | 34.9% | 8.2% | ||
| Q2 24 | -6.1% | -11.4% | ||
| Q1 24 | 13.5% | 17.0% |
资本支出强度ECVTLE
| Q4 25 | 9.4% | 2.1% | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 14.4% | 3.2% | ||
| Q1 25 | 16.9% | — | ||
| Q4 24 | 8.5% | 3.3% | ||
| Q3 24 | 4.1% | 1.5% | ||
| Q2 24 | 12.5% | 2.4% | ||
| Q1 24 | 12.3% | 1.2% |
现金转化率ECVTLE
| Q4 25 | — | -3.03× | ||
| 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% |
LE
| U Se Commerce | $179.8M | 57% |
| Business Outfitters Revenue | $78.8M | 25% |
| Licensing And Retail | $20.2M | 6% |
| Other | $19.8M | 6% |
| Third Party | $18.9M | 6% |
