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Ecovyst Inc.（ECVT）与VIRTUS INVESTMENT PARTNERS, INC.（VRTS）财务数据对比。点击上方公司名可切换其他公司
VIRTUS INVESTMENT PARTNERS, INC.的季度营收约是Ecovyst Inc.的1.0倍（$199.5M vs $199.4M），Ecovyst Inc.同比增速更快（34.0% vs -4.1%），过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs -5.7%）
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。
Virtus Investment Partners是一家美国多管理人资产管理企业，旗下汇集多家具备独立投资流程与自有品牌的关联投资管理人，同时也提供非关联子投资顾问服务，为客户提供多元化的资产管理解决方案。
ECVT vs VRTS — 直观对比
营收规模更大
VRTS
是对方的1.0倍
$199.4M
营收增速更快
ECVT
高出38.0%
-4.1%
两年增速更快
ECVT
近两年复合增速
-5.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $199.5M |
| 净利润 | — | $7.1M |
| 毛利率 | 23.4% | — |
| 营业利润率 | 10.9% | 7.7% |
| 净利率 | — | 3.6% |
| 营收同比 | 34.0% | -4.1% |
| 净利润同比 | — | -78.1% |
| 每股收益（稀释后） | $0.06 | $1.05 |
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ECVTVRTS
| Q1 26 | — | $199.5M | ||
| Q4 25 | $199.4M | $208.0M | ||
| Q3 25 | $204.9M | $216.4M | ||
| Q2 25 | $176.1M | $210.5M | ||
| Q1 25 | $143.1M | $217.9M | ||
| Q4 24 | $148.9M | $233.5M | ||
| Q3 24 | $153.9M | $227.0M | ||
| Q2 24 | $154.0M | $224.4M |
净利润ECVTVRTS
| Q1 26 | — | $7.1M | ||
| Q4 25 | — | $33.9M | ||
| Q3 25 | $-79.3M | $31.3M | ||
| Q2 25 | $6.0M | $42.7M | ||
| Q1 25 | $-3.6M | $28.1M | ||
| Q4 24 | — | $39.5M | ||
| Q3 24 | $14.3M | $49.1M | ||
| Q2 24 | $8.3M | $26.0M |
毛利率ECVTVRTS
| Q1 26 | — | — | ||
| Q4 25 | 23.4% | — | ||
| Q3 25 | 25.4% | — | ||
| Q2 25 | 22.8% | — | ||
| Q1 25 | 13.3% | — | ||
| Q4 24 | 28.9% | — | ||
| Q3 24 | 29.3% | — | ||
| Q2 24 | 27.3% | — |
营业利润率ECVTVRTS
| Q1 26 | — | 7.7% | ||
| Q4 25 | 10.9% | 19.1% | ||
| Q3 25 | 13.8% | 21.7% | ||
| Q2 25 | 9.0% | 21.5% | ||
| Q1 25 | -0.7% | 16.8% | ||
| Q4 24 | 15.1% | 21.7% | ||
| Q3 24 | 17.9% | 24.3% | ||
| Q2 24 | 14.1% | 19.7% |
净利率ECVTVRTS
| Q1 26 | — | 3.6% | ||
| Q4 25 | — | 16.3% | ||
| Q3 25 | -38.7% | 14.5% | ||
| Q2 25 | 3.4% | 20.3% | ||
| Q1 25 | -2.5% | 12.9% | ||
| Q4 24 | — | 16.9% | ||
| Q3 24 | 9.3% | 21.6% | ||
| Q2 24 | 5.4% | 11.6% |
每股收益（稀释后）ECVTVRTS
| Q1 26 | — | $1.05 | ||
| Q4 25 | $0.06 | $5.15 | ||
| Q3 25 | $-0.69 | $4.65 | ||
| Q2 25 | $0.05 | $6.12 | ||
| Q1 25 | $-0.03 | $4.05 | ||
| Q4 24 | $-0.26 | $4.65 | ||
| Q3 24 | $0.12 | $5.71 | ||
| Q2 24 | $0.07 | $2.43 |
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 | $136.6M |
| 总债务越低越好 | $392.6M | — |
| 股东权益账面价值 | $603.4M | $93.6B |
| 总资产 | $1.3B | — |
| 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ECVTVRTS
| Q1 26 | — | $136.6M | ||
| Q4 25 | $197.2M | — | ||
| Q3 25 | $82.0M | — | ||
| Q2 25 | $69.6M | — | ||
| Q1 25 | $127.5M | — | ||
| Q4 24 | $131.4M | — | ||
| Q3 24 | $123.5M | — | ||
| Q2 24 | $83.3M | — |
总债务ECVTVRTS
| Q1 26 | — | — | ||
| Q4 25 | $392.6M | $390.0M | ||
| Q3 25 | $854.8M | $390.6M | ||
| Q2 25 | $856.6M | $231.3M | ||
| Q1 25 | $859.0M | $231.7M | ||
| Q4 24 | $860.8M | $232.1M | ||
| Q3 24 | $862.7M | $237.5M | ||
| Q2 24 | $862.4M | $247.6M |
股东权益ECVTVRTS
| Q1 26 | — | $93.6B | ||
| Q4 25 | $603.4M | $934.0M | ||
| Q3 25 | $607.9M | $918.7M | ||
| Q2 25 | $692.4M | $896.4M | ||
| Q1 25 | $698.7M | $893.7M | ||
| Q4 24 | $700.5M | $897.5M | ||
| Q3 24 | $729.4M | $889.0M | ||
| Q2 24 | $717.3M | $868.7M |
总资产ECVTVRTS
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $4.3B | ||
| Q3 25 | $1.7B | $3.9B | ||
| Q2 25 | $1.8B | $3.7B | ||
| Q1 25 | $1.8B | $3.7B | ||
| Q4 24 | $1.8B | $4.0B | ||
| Q3 24 | $1.8B | $3.6B | ||
| Q2 24 | $1.8B | $3.6B |
负债/权益比ECVTVRTS
| Q1 26 | — | — | ||
| Q4 25 | 0.65× | 0.42× | ||
| Q3 25 | 1.41× | 0.43× | ||
| Q2 25 | 1.24× | 0.26× | ||
| Q1 25 | 1.23× | 0.26× | ||
| Q4 24 | 1.23× | 0.26× | ||
| Q3 24 | 1.18× | 0.27× | ||
| Q2 24 | 1.20× | 0.29× |
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 | — |
| 自由现金流率自由现金流/营收 | 11.5% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流ECVTVRTS
| Q1 26 | — | — | ||
| Q4 25 | $41.8M | $-67.2M | ||
| Q3 25 | $55.3M | $108.3M | ||
| Q2 25 | $33.0M | $75.8M | ||
| Q1 25 | $10.3M | $-3.8M | ||
| Q4 24 | $43.5M | $1.8M | ||
| Q3 24 | $59.9M | $69.1M | ||
| Q2 24 | $10.0M | $70.0M |
自由现金流ECVTVRTS
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $-74.1M | ||
| Q3 25 | $53.2M | $106.9M | ||
| Q2 25 | $7.8M | $74.2M | ||
| Q1 25 | $-14.0M | $-6.8M | ||
| Q4 24 | $30.9M | $-3.8M | ||
| Q3 24 | $53.6M | $68.7M | ||
| Q2 24 | $-9.3M | $68.6M |
自由现金流率ECVTVRTS
| Q1 26 | — | — | ||
| Q4 25 | 11.5% | -35.6% | ||
| Q3 25 | 26.0% | 49.4% | ||
| Q2 25 | 4.4% | 35.2% | ||
| Q1 25 | -9.8% | -3.1% | ||
| Q4 24 | 20.7% | -1.6% | ||
| Q3 24 | 34.9% | 30.3% | ||
| Q2 24 | -6.1% | 30.6% |
资本支出强度ECVTVRTS
| Q1 26 | — | — | ||
| Q4 25 | 9.4% | 3.3% | ||
| Q3 25 | 1.0% | 0.7% | ||
| Q2 25 | 14.4% | 0.7% | ||
| Q1 25 | 16.9% | 1.4% | ||
| Q4 24 | 8.5% | 2.4% | ||
| Q3 24 | 4.1% | 0.2% | ||
| Q2 24 | 12.5% | 0.6% |
现金转化率ECVTVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | -1.99× | ||
| Q3 25 | — | 3.45× | ||
| Q2 25 | 5.52× | 1.77× | ||
| Q1 25 | — | -0.13× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | 4.21× | 1.41× | ||
| Q2 24 | 1.20× | 2.69× |
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% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
