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Ecovyst Inc.（ECVT）与Via Renewables, Inc.（VIASP）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Via Renewables, Inc.的1.6倍（$199.4M vs $127.8M），Ecovyst Inc.同比增速更快（34.0% vs 22.5%），Ecovyst Inc.自由现金流更多（$22.9M vs $-4.8M），过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs 5.9%）
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。
EDF电力解决方案是法国电力集团旗下全资子公司，专注可再生能源发电业务。作为一体化运营商，该集团开展可再生能源项目开发与融资，推进设施建设，同时为自有及第三方的可再生能源项目提供运营与维护服务。
ECVT vs VIASP — 直观对比
营收规模更大
ECVT
是对方的1.6倍
$127.8M
营收增速更快
ECVT
高出11.5%
22.5%
自由现金流更多
ECVT
多$27.7M
$-4.8M
两年增速更快
ECVT
近两年复合增速
5.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $127.8M |
| 净利润 | — | $6.9M |
| 毛利率 | 23.4% | 34.4% |
| 营业利润率 | 10.9% | 15.2% |
| 净利率 | — | 5.4% |
| 营收同比 | 34.0% | 22.5% |
| 净利润同比 | — | -30.9% |
| 每股收益（稀释后） | $0.06 | $1.19 |
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ECVTVIASP
| Q4 25 | $199.4M | $127.8M | ||
| Q3 25 | $204.9M | $103.3M | ||
| Q2 25 | $176.1M | $90.0M | ||
| Q1 25 | $143.1M | $142.3M | ||
| Q4 24 | $148.9M | $104.3M | ||
| Q3 24 | $153.9M | $93.8M | ||
| Q2 24 | $154.0M | $86.7M | ||
| Q1 24 | $141.6M | $114.1M |
净利润ECVTVIASP
| Q4 25 | — | $6.9M | ||
| Q3 25 | $-79.3M | $757.0K | ||
| Q2 25 | $6.0M | $2.7M | ||
| Q1 25 | $-3.6M | $8.8M | ||
| Q4 24 | — | $9.9M | ||
| Q3 24 | $14.3M | $2.1M | ||
| Q2 24 | $8.3M | $7.6M | ||
| Q1 24 | $1.2M | $8.6M |
毛利率ECVTVIASP
| Q4 25 | 23.4% | 34.4% | ||
| Q3 25 | 25.4% | 23.1% | ||
| Q2 25 | 22.8% | 30.0% | ||
| Q1 25 | 13.3% | 32.9% | ||
| Q4 24 | 28.9% | 51.9% | ||
| Q3 24 | 29.3% | 26.8% | ||
| Q2 24 | 27.3% | 50.4% | ||
| Q1 24 | 23.5% | 39.5% |
营业利润率ECVTVIASP
| Q4 25 | 10.9% | 15.2% | ||
| Q3 25 | 13.8% | 3.1% | ||
| Q2 25 | 9.0% | 6.7% | ||
| Q1 25 | -0.7% | 17.5% | ||
| Q4 24 | 15.1% | 31.5% | ||
| Q3 24 | 17.9% | 5.3% | ||
| Q2 24 | 14.1% | 23.8% | ||
| Q1 24 | 9.5% | 22.6% |
净利率ECVTVIASP
| Q4 25 | — | 5.4% | ||
| Q3 25 | -38.7% | 0.7% | ||
| Q2 25 | 3.4% | 3.0% | ||
| Q1 25 | -2.5% | 6.2% | ||
| Q4 24 | — | 9.5% | ||
| Q3 24 | 9.3% | 2.3% | ||
| Q2 24 | 5.4% | 8.8% | ||
| Q1 24 | 0.9% | 7.5% |
每股收益（稀释后）ECVTVIASP
| Q4 25 | $0.06 | $1.19 | ||
| Q3 25 | $-0.69 | $-0.41 | ||
| Q2 25 | $0.05 | $0.09 | ||
| Q1 25 | $-0.03 | $1.83 | ||
| Q4 24 | $-0.26 | $2.33 | ||
| Q3 24 | $0.12 | $-0.17 | ||
| Q2 24 | $0.07 | $1.51 | ||
| Q1 24 | $0.01 | $1.81 |
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 | $41.8M |
| 总债务越低越好 | $392.6M | $120.0M |
| 股东权益账面价值 | $603.4M | $67.7M |
| 总资产 | $1.3B | $331.3M |
| 负债/权益比越低杠杆越低 | 0.65× | 1.77× |
8季度趋势，按日历期对齐
现金及短期投资ECVTVIASP
| Q4 25 | $197.2M | $41.8M | ||
| Q3 25 | $82.0M | $53.6M | ||
| Q2 25 | $69.6M | $62.1M | ||
| Q1 25 | $127.5M | $64.7M | ||
| Q4 24 | $131.4M | $53.1M | ||
| Q3 24 | $123.5M | $66.6M | ||
| Q2 24 | $83.3M | $53.6M | ||
| Q1 24 | $103.1M | $50.4M |
总债务ECVTVIASP
| Q4 25 | $392.6M | $120.0M | ||
| Q3 25 | $854.8M | $105.0M | ||
| Q2 25 | $856.6M | $100.0M | ||
| Q1 25 | $859.0M | $101.0M | ||
| Q4 24 | $860.8M | $106.0M | ||
| Q3 24 | $862.7M | $89.0M | ||
| Q2 24 | $862.4M | $93.0M | ||
| Q1 24 | $866.2M | $91.0M |
股东权益ECVTVIASP
| Q4 25 | $603.4M | $67.7M | ||
| Q3 25 | $607.9M | $63.7M | ||
| Q2 25 | $692.4M | $68.2M | ||
| Q1 25 | $698.7M | $72.7M | ||
| Q4 24 | $700.5M | $66.7M | ||
| Q3 24 | $729.4M | $58.2M | ||
| Q2 24 | $717.3M | $58.3M | ||
| Q1 24 | $711.4M | $53.2M |
总资产ECVTVIASP
| Q4 25 | $1.3B | $331.3M | ||
| Q3 25 | $1.7B | $304.8M | ||
| Q2 25 | $1.8B | $316.3M | ||
| Q1 25 | $1.8B | $347.4M | ||
| Q4 24 | $1.8B | $344.9M | ||
| Q3 24 | $1.8B | $298.4M | ||
| Q2 24 | $1.8B | $299.7M | ||
| Q1 24 | $1.8B | $302.7M |
负债/权益比ECVTVIASP
| Q4 25 | 0.65× | 1.77× | ||
| Q3 25 | 1.41× | 1.65× | ||
| Q2 25 | 1.24× | 1.47× | ||
| Q1 25 | 1.23× | 1.39× | ||
| Q4 24 | 1.23× | 1.59× | ||
| Q3 24 | 1.18× | 1.53× | ||
| Q2 24 | 1.20× | 1.60× | ||
| Q1 24 | 1.22× | 1.71× |
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 | $-4.2M |
| 自由现金流经营现金流 - 资本支出 | $22.9M | $-4.8M |
| 自由现金流率自由现金流/营收 | 11.5% | -3.7% |
| 资本支出强度资本支出/营收 | 9.4% | 0.4% |
| 现金转化率经营现金流/净利润 | — | -0.61× |
| 过去12个月自由现金流最近4个季度 | $69.9M | $39.1M |
8季度趋势，按日历期对齐
经营现金流ECVTVIASP
| Q4 25 | $41.8M | $-4.2M | ||
| Q3 25 | $55.3M | $2.4M | ||
| Q2 25 | $33.0M | $19.0M | ||
| Q1 25 | $10.3M | $24.9M | ||
| Q4 24 | $43.5M | $2.0M | ||
| Q3 24 | $59.9M | $20.1M | ||
| Q2 24 | $10.0M | $11.2M | ||
| Q1 24 | $36.5M | $17.1M |
自由现金流ECVTVIASP
| Q4 25 | $22.9M | $-4.8M | ||
| Q3 25 | $53.2M | $1.9M | ||
| Q2 25 | $7.8M | $18.4M | ||
| Q1 25 | $-14.0M | $23.5M | ||
| Q4 24 | $30.9M | $1.6M | ||
| Q3 24 | $53.6M | $19.7M | ||
| Q2 24 | $-9.3M | $10.9M | ||
| Q1 24 | $19.1M | $16.6M |
自由现金流率ECVTVIASP
| Q4 25 | 11.5% | -3.7% | ||
| Q3 25 | 26.0% | 1.9% | ||
| Q2 25 | 4.4% | 20.5% | ||
| Q1 25 | -9.8% | 16.5% | ||
| Q4 24 | 20.7% | 1.5% | ||
| Q3 24 | 34.9% | 21.0% | ||
| Q2 24 | -6.1% | 12.6% | ||
| Q1 24 | 13.5% | 14.6% |
资本支出强度ECVTVIASP
| Q4 25 | 9.4% | 0.4% | ||
| Q3 25 | 1.0% | 0.4% | ||
| Q2 25 | 14.4% | 0.6% | ||
| Q1 25 | 16.9% | 1.0% | ||
| Q4 24 | 8.5% | 0.4% | ||
| Q3 24 | 4.1% | 0.4% | ||
| Q2 24 | 12.5% | 0.3% | ||
| Q1 24 | 12.3% | 0.4% |
现金转化率ECVTVIASP
| Q4 25 | — | -0.61× | ||
| Q3 25 | — | 3.12× | ||
| Q2 25 | 5.52× | 6.94× | ||
| Q1 25 | — | 2.84× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | 4.21× | 9.41× | ||
| Q2 24 | 1.20× | 1.47× | ||
| Q1 24 | 29.90× | 2.00× |
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% |
VIASP
| Retail Electricity | $79.7M | 62% |
| Retail Natural Gas | $48.9M | 38% |
