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Ecovyst Inc.（ECVT）与Perimeter Solutions, Inc.（PRM）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Perimeter Solutions, Inc.的1.9倍（$199.4M vs $102.8M）。Ecovyst Inc.同比增速更快（34.0% vs 19.2%）。Ecovyst Inc.自由现金流更多（$22.9M vs $11.6M）。过去两年Perimeter Solutions, Inc.的营收复合增速更高（31.9% vs 18.7%）
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。
Perimeter Solutions是一家以色列云与网络安全企业，专为各类机构打造基于零信任架构的安全远程网络方案，其技术可替代VPN、防火墙等传统安全硬件设备，助力企业简化网络安全部署，提升远程访问的安全性与效率。
ECVT vs PRM — 直观对比
营收规模更大
ECVT
是对方的1.9倍
$102.8M
营收增速更快
ECVT
高出14.8%
19.2%
自由现金流更多
ECVT
多$11.3M
$11.6M
两年增速更快
PRM
近两年复合增速
18.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $102.8M |
| 净利润 | — | $-140.2M |
| 毛利率 | 23.4% | 45.2% |
| 营业利润率 | 10.9% | -160.7% |
| 净利率 | — | -136.5% |
| 营收同比 | 34.0% | 19.2% |
| 净利润同比 | — | -197.3% |
| 每股收益（稀释后） | $0.06 | $-0.89 |
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ECVTPRM
| Q4 25 | $199.4M | $102.8M | ||
| Q3 25 | $204.9M | $315.4M | ||
| Q2 25 | $176.1M | $162.6M | ||
| Q1 25 | $143.1M | $72.0M | ||
| Q4 24 | $148.9M | $86.2M | ||
| Q3 24 | $153.9M | $288.4M | ||
| Q2 24 | $154.0M | $127.3M | ||
| Q1 24 | $141.6M | $59.0M |
净利润ECVTPRM
| Q4 25 | — | $-140.2M | ||
| Q3 25 | $-79.3M | $-90.7M | ||
| Q2 25 | $6.0M | $-32.2M | ||
| Q1 25 | $-3.6M | $56.7M | ||
| Q4 24 | — | $144.2M | ||
| Q3 24 | $14.3M | $-89.2M | ||
| Q2 24 | $8.3M | $21.6M | ||
| Q1 24 | $1.2M | $-82.6M |
毛利率ECVTPRM
| Q4 25 | 23.4% | 45.2% | ||
| Q3 25 | 25.4% | 63.1% | ||
| Q2 25 | 22.8% | 62.4% | ||
| Q1 25 | 13.3% | 39.1% | ||
| Q4 24 | 28.9% | 48.6% | ||
| Q3 24 | 29.3% | 62.8% | ||
| Q2 24 | 27.3% | 57.6% | ||
| Q1 24 | 23.5% | 35.1% |
营业利润率ECVTPRM
| Q4 25 | 10.9% | -160.7% | ||
| Q3 25 | 13.8% | -27.7% | ||
| Q2 25 | 9.0% | -16.1% | ||
| Q1 25 | -0.7% | — | ||
| Q4 24 | 15.1% | 71.1% | ||
| Q3 24 | 17.9% | -12.2% | ||
| Q2 24 | 14.1% | 35.4% | ||
| Q1 24 | 9.5% | -126.8% |
净利率ECVTPRM
| Q4 25 | — | -136.5% | ||
| Q3 25 | -38.7% | -28.7% | ||
| Q2 25 | 3.4% | -19.8% | ||
| Q1 25 | -2.5% | 78.7% | ||
| Q4 24 | — | 167.2% | ||
| Q3 24 | 9.3% | -30.9% | ||
| Q2 24 | 5.4% | 17.0% | ||
| Q1 24 | 0.9% | -139.8% |
每股收益（稀释后）ECVTPRM
| Q4 25 | $0.06 | $-0.89 | ||
| Q3 25 | $-0.69 | $-0.62 | ||
| Q2 25 | $0.05 | $-0.22 | ||
| Q1 25 | $-0.03 | $0.36 | ||
| Q4 24 | $-0.26 | $1.00 | ||
| Q3 24 | $0.12 | $-0.61 | ||
| Q2 24 | $0.07 | $0.14 | ||
| 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 | $325.9M |
| 总债务越低越好 | $392.6M | $669.1M |
| 股东权益账面价值 | $603.4M | $1.1B |
| 总资产 | $1.3B | $2.7B |
| 负债/权益比越低杠杆越低 | 0.65× | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资ECVTPRM
| Q4 25 | $197.2M | $325.9M | ||
| Q3 25 | $82.0M | $340.6M | ||
| Q2 25 | $69.6M | $140.7M | ||
| Q1 25 | $127.5M | $200.1M | ||
| Q4 24 | $131.4M | $198.5M | ||
| Q3 24 | $123.5M | $223.1M | ||
| Q2 24 | $83.3M | $43.2M | ||
| Q1 24 | $103.1M | $38.7M |
总债务ECVTPRM
| Q4 25 | $392.6M | $669.1M | ||
| Q3 25 | $854.8M | $668.8M | ||
| Q2 25 | $856.6M | $668.4M | ||
| Q1 25 | $859.0M | $668.1M | ||
| Q4 24 | $860.8M | $667.8M | ||
| Q3 24 | $862.7M | $667.4M | ||
| Q2 24 | $862.4M | $667.1M | ||
| Q1 24 | $866.2M | $666.8M |
股东权益ECVTPRM
| Q4 25 | $603.4M | $1.1B | ||
| Q3 25 | $607.9M | $1.1B | ||
| Q2 25 | $692.4M | $1.2B | ||
| Q1 25 | $698.7M | $1.2B | ||
| Q4 24 | $700.5M | $1.2B | ||
| Q3 24 | $729.4M | $1.0B | ||
| Q2 24 | $717.3M | $1.1B | ||
| Q1 24 | $711.4M | $1.1B |
总资产ECVTPRM
| Q4 25 | $1.3B | $2.7B | ||
| Q3 25 | $1.7B | $2.6B | ||
| Q2 25 | $1.8B | $2.5B | ||
| Q1 25 | $1.8B | $2.4B | ||
| Q4 24 | $1.8B | $2.4B | ||
| Q3 24 | $1.8B | $2.5B | ||
| Q2 24 | $1.8B | $2.3B | ||
| Q1 24 | $1.8B | $2.3B |
负债/权益比ECVTPRM
| Q4 25 | 0.65× | 0.59× | ||
| Q3 25 | 1.41× | 0.60× | ||
| Q2 25 | 1.24× | 0.57× | ||
| Q1 25 | 1.23× | 0.55× | ||
| Q4 24 | 1.23× | 0.58× | ||
| Q3 24 | 1.18× | 0.67× | ||
| Q2 24 | 1.20× | 0.62× | ||
| Q1 24 | 1.22× | 0.63× |
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 | $18.6M |
| 自由现金流经营现金流 - 资本支出 | $22.9M | $11.6M |
| 自由现金流率自由现金流/营收 | 11.5% | 11.3% |
| 资本支出强度资本支出/营收 | 9.4% | 6.8% |
| 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 | $208.6M |
8季度趋势，按日历期对齐
经营现金流ECVTPRM
| Q4 25 | $41.8M | $18.6M | ||
| Q3 25 | $55.3M | $198.7M | ||
| Q2 25 | $33.0M | $-2.9M | ||
| Q1 25 | $10.3M | $23.7M | ||
| Q4 24 | $43.5M | $-6.0M | ||
| Q3 24 | $59.9M | $183.0M | ||
| Q2 24 | $10.0M | $8.6M | ||
| Q1 24 | $36.5M | $2.8M |
自由现金流ECVTPRM
| Q4 25 | $22.9M | $11.6M | ||
| Q3 25 | $53.2M | $193.6M | ||
| Q2 25 | $7.8M | $-15.6M | ||
| Q1 25 | $-14.0M | $18.9M | ||
| Q4 24 | $30.9M | $-12.4M | ||
| Q3 24 | $53.6M | $179.1M | ||
| Q2 24 | $-9.3M | $5.0M | ||
| Q1 24 | $19.1M | $1.2M |
自由现金流率ECVTPRM
| Q4 25 | 11.5% | 11.3% | ||
| Q3 25 | 26.0% | 61.4% | ||
| Q2 25 | 4.4% | -9.6% | ||
| Q1 25 | -9.8% | 26.3% | ||
| Q4 24 | 20.7% | -14.4% | ||
| Q3 24 | 34.9% | 62.1% | ||
| Q2 24 | -6.1% | 3.9% | ||
| Q1 24 | 13.5% | 2.1% |
资本支出强度ECVTPRM
| Q4 25 | 9.4% | 6.8% | ||
| Q3 25 | 1.0% | 1.6% | ||
| Q2 25 | 14.4% | 7.8% | ||
| Q1 25 | 16.9% | 6.7% | ||
| Q4 24 | 8.5% | 7.5% | ||
| Q3 24 | 4.1% | 1.3% | ||
| Q2 24 | 12.5% | 2.9% | ||
| Q1 24 | 12.3% | 2.6% |
现金转化率ECVTPRM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.52× | — | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | -0.04× | ||
| Q3 24 | 4.21× | — | ||
| Q2 24 | 1.20× | 0.40× | ||
| 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% |
PRM
| Products | $87.7M | 85% |
| Service And Other | $14.8M | 14% |
