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Element Solutions Inc（ESI）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Element Solutions Inc的季度营收约是Cloudflare, Inc.的1.4倍（$840.0M vs $614.5M），Element Solutions Inc净利率更高（6.7% vs -2.0%，领先8.6%），Element Solutions Inc同比增速更快（41.0% vs 33.6%），Cloudflare, Inc.自由现金流更多（$105.2M vs $-74.2M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 17.1%）
Element Solutions Inc是一家总部位于美国的特种化学品生产企业，专注于特种化学品领域的生产运营，于纽约证券交易所挂牌上市，业务覆盖全球多个市场，为各行业客户提供专业的特种化学品产品及相关解决方案。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
ESI vs NET — 直观对比
营收规模更大
ESI
是对方的1.4倍
$614.5M
营收增速更快
ESI
高出7.4%
33.6%
净利率更高
ESI
高出8.6%
-2.0%
自由现金流更多
NET
多$179.4M
$-74.2M
两年增速更快
NET
近两年复合增速
17.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $840.0M | $614.5M |
| 净利润 | $56.0M | $-12.1M |
| 毛利率 | 38.4% | 73.6% |
| 营业利润率 | 13.3% | -8.0% |
| 净利率 | 6.7% | -2.0% |
| 营收同比 | 41.0% | 33.6% |
| 净利润同比 | -43.0% | 6.0% |
| 每股收益（稀释后） | $0.23 | $-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ESINET
| Q1 26 | $840.0M | — | ||
| Q4 25 | $676.2M | $614.5M | ||
| Q3 25 | $656.1M | $562.0M | ||
| Q2 25 | $625.2M | $512.3M | ||
| Q1 25 | $593.7M | $479.1M | ||
| Q4 24 | $624.2M | $459.9M | ||
| Q3 24 | $645.0M | $430.1M | ||
| Q2 24 | $612.7M | $401.0M |
净利润ESINET
| Q1 26 | $56.0M | — | ||
| Q4 25 | $6.2M | $-12.1M | ||
| Q3 25 | $39.3M | $-1.3M | ||
| Q2 25 | $47.4M | $-50.4M | ||
| Q1 25 | $98.0M | $-38.5M | ||
| Q4 24 | $54.7M | $-12.8M | ||
| Q3 24 | $40.3M | $-15.3M | ||
| Q2 24 | $93.2M | $-15.1M |
毛利率ESINET
| Q1 26 | 38.4% | — | ||
| Q4 25 | 40.9% | 73.6% | ||
| Q3 25 | 42.2% | 74.0% | ||
| Q2 25 | 42.6% | 74.9% | ||
| Q1 25 | 42.2% | 75.9% | ||
| Q4 24 | 41.0% | 76.4% | ||
| Q3 24 | 41.5% | 77.7% | ||
| Q2 24 | 43.6% | 77.8% |
营业利润率ESINET
| Q1 26 | 13.3% | — | ||
| Q4 25 | 10.3% | -8.0% | ||
| Q3 25 | 15.4% | -6.7% | ||
| Q2 25 | 15.1% | -13.1% | ||
| Q1 25 | 13.0% | -11.1% | ||
| Q4 24 | 12.0% | -7.5% | ||
| Q3 24 | 14.7% | -7.2% | ||
| Q2 24 | 15.7% | -8.7% |
净利率ESINET
| Q1 26 | 6.7% | — | ||
| Q4 25 | 0.9% | -2.0% | ||
| Q3 25 | 6.0% | -0.2% | ||
| Q2 25 | 7.6% | -9.8% | ||
| Q1 25 | 16.5% | -8.0% | ||
| Q4 24 | 8.8% | -2.8% | ||
| Q3 24 | 6.2% | -3.6% | ||
| Q2 24 | 15.2% | -3.8% |
每股收益（稀释后）ESINET
| Q1 26 | $0.23 | — | ||
| Q4 25 | $0.03 | $-0.03 | ||
| Q3 25 | $0.16 | $0.00 | ||
| Q2 25 | $0.20 | $-0.15 | ||
| Q1 25 | $0.40 | $-0.11 | ||
| Q4 24 | $0.22 | $-0.05 | ||
| Q3 24 | $0.17 | $-0.04 | ||
| Q2 24 | $0.39 | $-0.04 |
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 | $177.3M | $943.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.7B | $1.5B |
| 总资产 | $5.7B | $6.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ESINET
| Q1 26 | $177.3M | — | ||
| Q4 25 | $626.5M | $943.5M | ||
| Q3 25 | $594.3M | $1.1B | ||
| Q2 25 | $529.9M | $1.5B | ||
| Q1 25 | $499.2M | $204.5M | ||
| Q4 24 | $359.4M | $147.7M | ||
| Q3 24 | $376.0M | $182.9M | ||
| Q2 24 | $309.3M | $157.0M |
总债务ESINET
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | — |
股东权益ESINET
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $1.5B | ||
| Q3 25 | $2.7B | $1.3B | ||
| Q2 25 | $2.6B | $1.2B | ||
| Q1 25 | $2.5B | $1.4B | ||
| Q4 24 | $2.4B | $1.0B | ||
| Q3 24 | $2.4B | $973.1M | ||
| Q2 24 | $2.4B | $881.5M |
总资产ESINET
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.1B | $6.0B | ||
| Q3 25 | $5.0B | $5.8B | ||
| Q2 25 | $5.0B | $5.6B | ||
| Q1 25 | $4.8B | $3.7B | ||
| Q4 24 | $4.9B | $3.3B | ||
| Q3 24 | $5.1B | $3.1B | ||
| Q2 24 | $5.0B | $2.9B |
负债/权益比ESINET
| Q1 26 | — | — | ||
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.64× | — | ||
| Q4 24 | 0.76× | — | ||
| Q3 24 | 0.78× | — | ||
| Q2 24 | 0.81× | — |
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 | — | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $-74.2M | $105.2M |
| 自由现金流率自由现金流/营收 | -8.8% | 17.1% |
| 资本支出强度资本支出/营收 | 3.0% | 13.9% |
| 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 | — | $287.5M |
8季度趋势，按日历期对齐
经营现金流ESINET
| Q1 26 | — | — | ||
| Q4 25 | — | $190.4M | ||
| Q3 25 | $100.1M | $167.1M | ||
| Q2 25 | — | $99.8M | ||
| Q1 25 | $26.0M | $145.8M | ||
| Q4 24 | — | $127.3M | ||
| Q3 24 | $98.5M | $104.7M | ||
| Q2 24 | — | $74.8M |
自由现金流ESINET
| Q1 26 | $-74.2M | — | ||
| Q4 25 | — | $105.2M | ||
| Q3 25 | $83.6M | $82.5M | ||
| Q2 25 | — | $39.9M | ||
| Q1 25 | $15.0M | $59.9M | ||
| Q4 24 | — | $54.2M | ||
| Q3 24 | $85.9M | $54.5M | ||
| Q2 24 | — | $45.2M |
自由现金流率ESINET
| Q1 26 | -8.8% | — | ||
| Q4 25 | — | 17.1% | ||
| Q3 25 | 12.7% | 14.7% | ||
| Q2 25 | — | 7.8% | ||
| Q1 25 | 2.5% | 12.5% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | 13.3% | 12.7% | ||
| Q2 24 | — | 11.3% |
资本支出强度ESINET
| Q1 26 | 3.0% | — | ||
| Q4 25 | 2.5% | 13.9% | ||
| Q3 25 | 2.5% | 15.1% | ||
| Q2 25 | 2.8% | 11.7% | ||
| Q1 25 | 1.9% | 17.9% | ||
| Q4 24 | 3.6% | 15.9% | ||
| Q3 24 | 2.0% | 11.7% | ||
| Q2 24 | 2.4% | 7.4% |
现金转化率ESINET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.55× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.44× | — | ||
| Q2 24 | — | — |
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
ESI
| Electronics ex-Metals | $377.8M | 45% |
| Pass-through Metals | $255.7M | 30% |
| Other | $206.5M | 25% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
