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Ecovyst Inc.（ECVT）与Thryv Holdings, Inc.（THRY）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Thryv Holdings, Inc.的1.2倍（$199.4M vs $167.7M），Ecovyst Inc.同比增速更快（34.0% vs -7.5%），Ecovyst Inc.自由现金流更多（$22.9M vs $-5.5M），过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs -13.5%）
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。
Thryv Holdings, Inc.是一家上市软件服务（SaaS）企业，面向中小企业提供客户关系管理与网络声誉管理软件解决方案。公司总部位于得克萨斯州达拉斯，业务覆盖美国48个州，现有员工超过2400名，其前身是多家黄页企业组成的集团。
ECVT vs THRY — 直观对比
营收规模更大
ECVT
是对方的1.2倍
$167.7M
营收增速更快
ECVT
高出41.5%
-7.5%
自由现金流更多
ECVT
多$28.4M
$-5.5M
两年增速更快
ECVT
近两年复合增速
-13.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $167.7M |
| 净利润 | — | $4.5M |
| 毛利率 | 23.4% | 65.2% |
| 营业利润率 | 10.9% | 37.3% |
| 净利率 | — | 2.7% |
| 营收同比 | 34.0% | -7.5% |
| 净利润同比 | — | 147.2% |
| 每股收益（稀释后） | $0.06 | $0.10 |
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ECVTTHRY
| Q1 26 | — | $167.7M | ||
| Q4 25 | $199.4M | $191.6M | ||
| Q3 25 | $204.9M | $201.6M | ||
| Q2 25 | $176.1M | $210.5M | ||
| Q1 25 | $143.1M | $181.4M | ||
| Q4 24 | $148.9M | $186.6M | ||
| Q3 24 | $153.9M | $179.9M | ||
| Q2 24 | $154.0M | $224.1M |
净利润ECVTTHRY
| Q1 26 | — | $4.5M | ||
| Q4 25 | — | $-9.7M | ||
| Q3 25 | $-79.3M | $5.7M | ||
| Q2 25 | $6.0M | $13.9M | ||
| Q1 25 | $-3.6M | $-9.6M | ||
| Q4 24 | — | $7.9M | ||
| Q3 24 | $14.3M | $-96.1M | ||
| Q2 24 | $8.3M | $5.5M |
毛利率ECVTTHRY
| Q1 26 | — | 65.2% | ||
| Q4 25 | 23.4% | 68.0% | ||
| Q3 25 | 25.4% | 67.7% | ||
| Q2 25 | 22.8% | 69.7% | ||
| Q1 25 | 13.3% | 65.8% | ||
| Q4 24 | 28.9% | 65.9% | ||
| Q3 24 | 29.3% | 62.3% | ||
| Q2 24 | 27.3% | 66.3% |
营业利润率ECVTTHRY
| Q1 26 | — | 37.3% | ||
| Q4 25 | 10.9% | 5.3% | ||
| Q3 25 | 13.8% | 9.9% | ||
| Q2 25 | 9.0% | 14.0% | ||
| Q1 25 | -0.7% | -1.7% | ||
| Q4 24 | 15.1% | -3.9% | ||
| Q3 24 | 17.9% | -49.2% | ||
| Q2 24 | 14.1% | 14.0% |
净利率ECVTTHRY
| Q1 26 | — | 2.7% | ||
| Q4 25 | — | -5.0% | ||
| Q3 25 | -38.7% | 2.8% | ||
| Q2 25 | 3.4% | 6.6% | ||
| Q1 25 | -2.5% | -5.3% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | 9.3% | -53.4% | ||
| Q2 24 | 5.4% | 2.5% |
每股收益（稀释后）ECVTTHRY
| Q1 26 | — | $0.10 | ||
| Q4 25 | $0.06 | $-0.21 | ||
| Q3 25 | $-0.69 | $0.13 | ||
| Q2 25 | $0.05 | $0.31 | ||
| Q1 25 | $-0.03 | $-0.22 | ||
| Q4 24 | $-0.26 | $0.28 | ||
| Q3 24 | $0.12 | $-2.65 | ||
| Q2 24 | $0.07 | $0.15 |
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 | $8.0M |
| 总债务越低越好 | $392.6M | — |
| 股东权益账面价值 | $603.4M | $225.4M |
| 总资产 | $1.3B | $693.7M |
| 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ECVTTHRY
| Q1 26 | — | $8.0M | ||
| Q4 25 | $197.2M | $10.8M | ||
| Q3 25 | $82.0M | $11.6M | ||
| Q2 25 | $69.6M | $10.8M | ||
| Q1 25 | $127.5M | $11.0M | ||
| Q4 24 | $131.4M | $16.3M | ||
| Q3 24 | $123.5M | $12.5M | ||
| Q2 24 | $83.3M | $15.5M |
总债务ECVTTHRY
| Q1 26 | — | — | ||
| Q4 25 | $392.6M | $253.5M | ||
| Q3 25 | $854.8M | $268.2M | ||
| Q2 25 | $856.6M | $275.6M | ||
| Q1 25 | $859.0M | $299.0M | ||
| Q4 24 | $860.8M | $284.3M | ||
| Q3 24 | $862.7M | $307.8M | ||
| Q2 24 | $862.4M | $342.1M |
股东权益ECVTTHRY
| Q1 26 | — | $225.4M | ||
| Q4 25 | $603.4M | $218.1M | ||
| Q3 25 | $607.9M | $221.1M | ||
| Q2 25 | $692.4M | $214.9M | ||
| Q1 25 | $698.7M | $193.2M | ||
| Q4 24 | $700.5M | $196.9M | ||
| Q3 24 | $729.4M | $94.5M | ||
| Q2 24 | $717.3M | $183.1M |
总资产ECVTTHRY
| Q1 26 | — | $693.7M | ||
| Q4 25 | $1.3B | $688.6M | ||
| Q3 25 | $1.7B | $701.8M | ||
| Q2 25 | $1.8B | $687.7M | ||
| Q1 25 | $1.8B | $703.7M | ||
| Q4 24 | $1.8B | $712.2M | ||
| Q3 24 | $1.8B | $654.8M | ||
| Q2 24 | $1.8B | $785.5M |
负债/权益比ECVTTHRY
| Q1 26 | — | — | ||
| Q4 25 | 0.65× | 1.16× | ||
| Q3 25 | 1.41× | 1.21× | ||
| Q2 25 | 1.24× | 1.28× | ||
| Q1 25 | 1.23× | 1.55× | ||
| Q4 24 | 1.23× | 1.44× | ||
| Q3 24 | 1.18× | 3.26× | ||
| Q2 24 | 1.20× | 1.87× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $22.9M | $-5.5M |
| 自由现金流率自由现金流/营收 | 11.5% | -3.3% |
| 资本支出强度资本支出/营收 | 9.4% | — |
| 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 | $43.3M |
8季度趋势，按日历期对齐
经营现金流ECVTTHRY
| Q1 26 | — | — | ||
| Q4 25 | $41.8M | $22.2M | ||
| Q3 25 | $55.3M | $22.2M | ||
| Q2 25 | $33.0M | $29.6M | ||
| Q1 25 | $10.3M | $-10.5M | ||
| Q4 24 | $43.5M | $26.1M | ||
| Q3 24 | $59.9M | $36.0M | ||
| Q2 24 | $10.0M | $22.2M |
自由现金流ECVTTHRY
| Q1 26 | — | $-5.5M | ||
| Q4 25 | $22.9M | $12.3M | ||
| Q3 25 | $53.2M | $14.6M | ||
| Q2 25 | $7.8M | $21.8M | ||
| Q1 25 | $-14.0M | $-17.6M | ||
| Q4 24 | $30.9M | $17.3M | ||
| Q3 24 | $53.6M | $27.5M | ||
| Q2 24 | $-9.3M | $13.3M |
自由现金流率ECVTTHRY
| Q1 26 | — | -3.3% | ||
| Q4 25 | 11.5% | 6.4% | ||
| Q3 25 | 26.0% | 7.2% | ||
| Q2 25 | 4.4% | 10.4% | ||
| Q1 25 | -9.8% | -9.7% | ||
| Q4 24 | 20.7% | 9.3% | ||
| Q3 24 | 34.9% | 15.3% | ||
| Q2 24 | -6.1% | 5.9% |
资本支出强度ECVTTHRY
| Q1 26 | — | — | ||
| Q4 25 | 9.4% | 5.2% | ||
| Q3 25 | 1.0% | 3.8% | ||
| Q2 25 | 14.4% | 3.7% | ||
| Q1 25 | 16.9% | 3.9% | ||
| Q4 24 | 8.5% | 4.7% | ||
| Q3 24 | 4.1% | 4.7% | ||
| Q2 24 | 12.5% | 4.0% |
现金转化率ECVTTHRY
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 3.93× | ||
| Q2 25 | 5.52× | 2.12× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.32× | ||
| Q3 24 | 4.21× | — | ||
| Q2 24 | 1.20× | 4.01× |
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% |
THRY
| SaaS | $116.7M | 70% |
| Other | $50.9M | 30% |
