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Ecovyst Inc.（ECVT）与WisdomTree, Inc.（WT）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WisdomTree, Inc.的1.4倍（$199.4M vs $147.4M），Ecovyst Inc.同比增速更快（34.0% vs 33.2%），WisdomTree, Inc.自由现金流更多（$147.7M vs $22.9M），过去两年WisdomTree, Inc.的营收复合增速更高（23.4% 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。
WisdomTree, Inc.是总部位于纽约的全球ETF（交易型开放式指数基金）及交易所交易产品发行方与资产管理机构，2006年6月推出首批ETF产品，目前是美国主流ETF供应商之一。其发行的ETF覆盖全球不同资产类别与地区市场，产品线涵盖美国及国际股票、货币、固定收益及另类投资等品类。
ECVT vs WT — 直观对比
营收规模更大
ECVT
是对方的1.4倍
$147.4M
营收增速更快
ECVT
高出0.8%
33.2%
自由现金流更多
WT
多$124.8M
$22.9M
两年增速更快
WT
近两年复合增速
18.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.4M | $147.4M |
| 净利润 | — | $40.0M |
| 毛利率 | 23.4% | — |
| 营业利润率 | 10.9% | 40.5% |
| 净利率 | — | 27.1% |
| 营收同比 | 34.0% | 33.2% |
| 净利润同比 | — | 46.6% |
| 每股收益（稀释后） | $0.06 | $0.28 |
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ECVTWT
| Q4 25 | $199.4M | $147.4M | ||
| Q3 25 | $204.9M | $125.6M | ||
| Q2 25 | $176.1M | $112.6M | ||
| Q1 25 | $143.1M | $108.1M | ||
| Q4 24 | $148.9M | $110.7M | ||
| Q3 24 | $153.9M | $113.2M | ||
| Q2 24 | $154.0M | $107.0M | ||
| Q1 24 | $141.6M | $96.8M |
净利润ECVTWT
| Q4 25 | — | $40.0M | ||
| Q3 25 | $-79.3M | $19.7M | ||
| Q2 25 | $6.0M | $24.8M | ||
| Q1 25 | $-3.6M | $24.6M | ||
| Q4 24 | — | $27.3M | ||
| Q3 24 | $14.3M | $-4.5M | ||
| Q2 24 | $8.3M | $21.8M | ||
| Q1 24 | $1.2M | $22.1M |
毛利率ECVTWT
| 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% | — | ||
| Q1 24 | 23.5% | — |
营业利润率ECVTWT
| Q4 25 | 10.9% | 40.5% | ||
| Q3 25 | 13.8% | 36.3% | ||
| Q2 25 | 9.0% | 30.8% | ||
| Q1 25 | -0.7% | 31.6% | ||
| Q4 24 | 15.1% | 31.7% | ||
| Q3 24 | 17.9% | 36.0% | ||
| Q2 24 | 14.1% | 31.3% | ||
| Q1 24 | 9.5% | 28.9% |
净利率ECVTWT
| Q4 25 | — | 27.1% | ||
| Q3 25 | -38.7% | 15.7% | ||
| Q2 25 | 3.4% | 22.0% | ||
| Q1 25 | -2.5% | 22.8% | ||
| Q4 24 | — | 24.7% | ||
| Q3 24 | 9.3% | -4.0% | ||
| Q2 24 | 5.4% | 20.3% | ||
| Q1 24 | 0.9% | 22.8% |
每股收益（稀释后）ECVTWT
| Q4 25 | $0.06 | $0.28 | ||
| Q3 25 | $-0.69 | $0.13 | ||
| Q2 25 | $0.05 | $0.17 | ||
| Q1 25 | $-0.03 | $0.17 | ||
| Q4 24 | $-0.26 | $0.20 | ||
| Q3 24 | $0.12 | $-0.13 | ||
| Q2 24 | $0.07 | $0.13 | ||
| Q1 24 | $0.01 | $0.13 |
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 | — |
| 总债务越低越好 | $392.6M | — |
| 股东权益账面价值 | $603.4M | $413.7M |
| 总资产 | $1.3B | $1.5B |
| 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ECVTWT
| 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 | $132.5M | ||
| Q1 24 | $103.1M | $116.9M |
总债务ECVTWT
| 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ECVTWT
| Q4 25 | $603.4M | $413.7M | ||
| Q3 25 | $607.9M | $373.4M | ||
| Q2 25 | $692.4M | $445.1M | ||
| Q1 25 | $698.7M | $415.6M | ||
| Q4 24 | $700.5M | $400.0M | ||
| Q3 24 | $729.4M | $374.9M | ||
| Q2 24 | $717.3M | $445.6M | ||
| Q1 24 | $711.4M | $423.2M |
总资产ECVTWT
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.8B | $1.1B | ||
| Q1 25 | $1.8B | $1.0B | ||
| Q4 24 | $1.8B | $1.0B | ||
| Q3 24 | $1.8B | $1.0B | ||
| Q2 24 | $1.8B | $964.1M | ||
| Q1 24 | $1.8B | $931.7M |
负债/权益比ECVTWT
| 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 | $147.9M |
| 自由现金流经营现金流 - 资本支出 | $22.9M | $147.7M |
| 自由现金流率自由现金流/营收 | 11.5% | 100.2% |
| 资本支出强度资本支出/营收 | 9.4% | 0.1% |
| 现金转化率经营现金流/净利润 | — | 3.70× |
| 过去12个月自由现金流最近4个季度 | $69.9M | $240.8M |
8季度趋势，按日历期对齐
经营现金流ECVTWT
| Q4 25 | $41.8M | $147.9M | ||
| Q3 25 | $55.3M | $48.1M | ||
| Q2 25 | $33.0M | $38.8M | ||
| Q1 25 | $10.3M | $6.4M | ||
| Q4 24 | $43.5M | $113.5M | ||
| Q3 24 | $59.9M | $47.7M | ||
| Q2 24 | $10.0M | $32.2M | ||
| Q1 24 | $36.5M | $-1.0M |
自由现金流ECVTWT
| Q4 25 | $22.9M | $147.7M | ||
| Q3 25 | $53.2M | $48.0M | ||
| Q2 25 | $7.8M | $38.7M | ||
| Q1 25 | $-14.0M | $6.3M | ||
| Q4 24 | $30.9M | $113.3M | ||
| Q3 24 | $53.6M | $47.7M | ||
| Q2 24 | $-9.3M | $32.2M | ||
| Q1 24 | $19.1M | $-1.1M |
自由现金流率ECVTWT
| Q4 25 | 11.5% | 100.2% | ||
| Q3 25 | 26.0% | 38.2% | ||
| Q2 25 | 4.4% | 34.4% | ||
| Q1 25 | -9.8% | 5.9% | ||
| Q4 24 | 20.7% | 102.4% | ||
| Q3 24 | 34.9% | 42.1% | ||
| Q2 24 | -6.1% | 30.1% | ||
| Q1 24 | 13.5% | -1.1% |
资本支出强度ECVTWT
| Q4 25 | 9.4% | 0.1% | ||
| Q3 25 | 1.0% | 0.0% | ||
| Q2 25 | 14.4% | 0.1% | ||
| Q1 25 | 16.9% | 0.0% | ||
| Q4 24 | 8.5% | 0.1% | ||
| Q3 24 | 4.1% | 0.0% | ||
| Q2 24 | 12.5% | 0.0% | ||
| Q1 24 | 12.3% | 0.1% |
现金转化率ECVTWT
| Q4 25 | — | 3.70× | ||
| Q3 25 | — | 2.44× | ||
| Q2 25 | 5.52× | 1.57× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 4.15× | ||
| Q3 24 | 4.21× | — | ||
| Q2 24 | 1.20× | 1.48× | ||
| Q1 24 | 29.90× | -0.05× |
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% |
WT
| Investment Advisory Management And Administrative Service | $122.7M | 83% |
| Other Services Income | $12.7M | 9% |
| IE | $11.5M | 8% |
