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伊士曼化工（EMN）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
伊士曼化工的季度营收约是Snap Inc的1.1倍（$2.0B vs $1.7B），伊士曼化工净利率更高（5.3% vs 2.6%，领先2.7%），Snap Inc同比增速更快（10.2% vs -13.8%），过去两年Snap Inc的营收复合增速更高（19.9% vs -8.6%）
伊士曼化工是总部位于美国田纳西州金斯波特的全球特种材料企业，前身为柯达子公司，1920年成立，1994年独立运营。公司在全球拥有36个生产基地、约1.4万名员工，生产各类先进材料、化学品和纤维产品，广泛应用于日常生活领域，2023年销售额约92.1亿美元。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
EMN vs SNAP — 直观对比
营收规模更大
EMN
是对方的1.1倍
$1.7B
营收增速更快
SNAP
高出24.1%
-13.8%
净利率更高
EMN
高出2.7%
2.6%
两年增速更快
SNAP
近两年复合增速
-8.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.7B |
| 净利润 | $105.0M | $45.2M |
| 毛利率 | 17.1% | 59.1% |
| 营业利润率 | — | 2.9% |
| 净利率 | 5.3% | 2.6% |
| 营收同比 | -13.8% | 10.2% |
| 净利润同比 | -42.3% | 396.7% |
| 每股收益（稀释后） | $0.93 | $0.03 |
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EMNSNAP
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.7B | ||
| Q3 25 | $2.2B | $1.5B | ||
| Q2 25 | $2.3B | $1.3B | ||
| Q1 25 | $2.3B | $1.4B | ||
| Q4 24 | $2.2B | $1.6B | ||
| Q3 24 | $2.5B | $1.4B | ||
| Q2 24 | $2.4B | $1.2B |
净利润EMNSNAP
| Q1 26 | $105.0M | — | ||
| Q4 25 | $105.0M | $45.2M | ||
| Q3 25 | $47.0M | $-103.5M | ||
| Q2 25 | $140.0M | $-262.6M | ||
| Q1 25 | $182.0M | $-139.6M | ||
| Q4 24 | $330.0M | $9.1M | ||
| Q3 24 | $180.0M | $-153.2M | ||
| Q2 24 | $230.0M | $-248.6M |
毛利率EMNSNAP
| Q1 26 | 17.1% | — | ||
| Q4 25 | 17.1% | 59.1% | ||
| Q3 25 | 19.7% | 55.3% | ||
| Q2 25 | 22.1% | 51.4% | ||
| Q1 25 | 24.8% | 53.1% | ||
| Q4 24 | 24.7% | 56.9% | ||
| Q3 24 | 24.6% | 53.5% | ||
| Q2 24 | 25.3% | 52.4% |
营业利润率EMNSNAP
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 2.9% | ||
| Q3 25 | 6.1% | -8.5% | ||
| Q2 25 | 7.4% | -19.3% | ||
| Q1 25 | 11.0% | -14.2% | ||
| Q4 24 | 13.2% | -1.7% | ||
| Q3 24 | 11.4% | -12.6% | ||
| Q2 24 | 12.1% | -20.5% |
净利率EMNSNAP
| Q1 26 | 5.3% | — | ||
| Q4 25 | 5.3% | 2.6% | ||
| Q3 25 | 2.1% | -6.9% | ||
| Q2 25 | 6.1% | -19.5% | ||
| Q1 25 | 7.9% | -10.2% | ||
| Q4 24 | 14.7% | 0.6% | ||
| Q3 24 | 7.3% | -11.2% | ||
| Q2 24 | 9.7% | -20.1% |
每股收益（稀释后）EMNSNAP
| Q1 26 | $0.93 | — | ||
| Q4 25 | $0.93 | $0.03 | ||
| Q3 25 | $0.40 | $-0.06 | ||
| Q2 25 | $1.20 | $-0.16 | ||
| Q1 25 | $1.57 | $-0.08 | ||
| Q4 24 | $2.81 | $0.01 | ||
| Q3 24 | $1.53 | $-0.09 | ||
| Q2 24 | $1.94 | $-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 | $566.0M | $2.9B |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $6.0B | $2.3B |
| 总资产 | $14.9B | $7.7B |
| 负债/权益比越低杠杆越低 | — | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资EMNSNAP
| Q1 26 | $566.0M | — | ||
| Q4 25 | $566.0M | $2.9B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | $3.2B | ||
| Q4 24 | $837.0M | $3.4B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.1B |
总债务EMNSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.6B |
股东权益EMNSNAP
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.0B | $2.3B | ||
| Q3 25 | $5.8B | $2.2B | ||
| Q2 25 | $5.8B | $2.1B | ||
| Q1 25 | $5.9B | $2.3B | ||
| Q4 24 | $5.8B | $2.5B | ||
| Q3 24 | $5.7B | $2.2B | ||
| Q2 24 | $5.6B | $2.1B |
总资产EMNSNAP
| Q1 26 | $14.9B | — | ||
| Q4 25 | $14.9B | $7.7B | ||
| Q3 25 | $15.0B | $7.6B | ||
| Q2 25 | $15.2B | $7.4B | ||
| Q1 25 | $15.0B | $7.6B | ||
| Q4 24 | $15.2B | $7.9B | ||
| Q3 24 | $15.1B | $7.6B | ||
| Q2 24 | $14.9B | $7.4B |
负债/权益比EMNSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | 1.55× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× |
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 | — | $269.6M |
| 自由现金流经营现金流 - 资本支出 | — | $205.6M |
| 自由现金流率自由现金流/营收 | — | 12.0% |
| 资本支出强度资本支出/营收 | — | 3.7% |
| 现金转化率经营现金流/净利润 | — | 5.96× |
| 过去12个月自由现金流最近4个季度 | — | $437.2M |
8季度趋势，按日历期对齐
经营现金流EMNSNAP
| Q1 26 | — | — | ||
| Q4 25 | $502.0M | $269.6M | ||
| Q3 25 | $402.0M | $146.5M | ||
| Q2 25 | $233.0M | $88.5M | ||
| Q1 25 | $-167.0M | $151.6M | ||
| Q4 24 | $540.0M | $230.6M | ||
| Q3 24 | $396.0M | $115.9M | ||
| Q2 24 | $367.0M | $-21.4M |
自由现金流EMNSNAP
| Q1 26 | — | — | ||
| Q4 25 | $390.0M | $205.6M | ||
| Q3 25 | $265.0M | $93.4M | ||
| Q2 25 | $83.0M | $23.8M | ||
| Q1 25 | $-314.0M | $114.4M | ||
| Q4 24 | $361.0M | $182.4M | ||
| Q3 24 | $276.0M | $71.8M | ||
| Q2 24 | $252.0M | $-73.4M |
自由现金流率EMNSNAP
| Q1 26 | — | — | ||
| Q4 25 | 19.8% | 12.0% | ||
| Q3 25 | 12.0% | 6.2% | ||
| Q2 25 | 3.6% | 1.8% | ||
| Q1 25 | -13.7% | 8.4% | ||
| Q4 24 | 16.1% | 11.7% | ||
| Q3 24 | 11.2% | 5.2% | ||
| Q2 24 | 10.7% | -5.9% |
资本支出强度EMNSNAP
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 3.7% | ||
| Q3 25 | 6.2% | 3.5% | ||
| Q2 25 | 6.6% | 4.8% | ||
| Q1 25 | 6.4% | 2.7% | ||
| Q4 24 | 8.0% | 3.1% | ||
| Q3 24 | 4.9% | 3.2% | ||
| Q2 24 | 4.9% | 4.2% |
现金转化率EMNSNAP
| Q1 26 | — | — | ||
| Q4 25 | 4.78× | 5.96× | ||
| Q3 25 | 8.55× | — | ||
| Q2 25 | 1.66× | — | ||
| Q1 25 | -0.92× | — | ||
| Q4 24 | 1.64× | 25.34× | ||
| Q3 24 | 2.20× | — | ||
| Q2 24 | 1.60× | — |
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
EMN
暂无分部数据
SNAP
| Advertising Revenue | $1.5B | 86% |
| Other Revenue | $231.9M | 14% |
