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FMC CORP（FMC）与INNOSPEC INC.（IOSP）财务数据对比。点击上方公司名可切换其他公司
FMC CORP的季度营收约是INNOSPEC INC.的2.4倍（$1.1B vs $455.6M）。INNOSPEC INC.净利率更高（10.4% vs -158.8%，领先169.3%）。INNOSPEC INC.同比增速更快（-2.4% vs -11.5%）。FMC CORP自由现金流更多（$631.1M vs $46.8M）。过去两年FMC CORP的营收复合增速更高（8.6% vs -4.6%）
FMC公司是总部位于美国宾夕法尼亚州费城的化工制造企业，1883年创立之初以生产杀虫剂为主，后续逐步拓展业务至其他领域。二战期间曾为美国陆军部设计生产两栖履带登陆车，目前在全球拥有7000名员工，业务布局广泛。
Innospec Inc.是一家美国特种化学品企业，前身为奥克泰尔公司及联合奥克泰尔有限公司，旗下设有三大业务板块：高性能化学品业务覆盖个人护理、家居护理、农化、采矿及工业市场；燃料特种化学品业务专注于生产和供应燃油添加剂；油田服务业务则提供钻井、完井及采油相关化学品。
FMC vs IOSP — 直观对比
营收规模更大
FMC
是对方的2.4倍
$455.6M
营收增速更快
IOSP
高出9.1%
-11.5%
净利率更高
IOSP
高出169.3%
-158.8%
自由现金流更多
FMC
多$584.3M
$46.8M
两年增速更快
FMC
近两年复合增速
-4.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $455.6M |
| 净利润 | $-1.7B | $47.4M |
| 毛利率 | 39.8% | 28.0% |
| 营业利润率 | -130.8% | 10.3% |
| 净利率 | -158.8% | 10.4% |
| 营收同比 | -11.5% | -2.4% |
| 净利润同比 | -10457.1% | 167.3% |
| 每股收益（稀释后） | $-13.77 | $1.90 |
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FMCIOSP
| Q4 25 | $1.1B | $455.6M | ||
| Q3 25 | $542.2M | $441.9M | ||
| Q2 25 | $1.1B | $439.7M | ||
| Q1 25 | $791.4M | $440.8M | ||
| Q4 24 | $1.2B | $466.8M | ||
| Q3 24 | $1.1B | $443.4M | ||
| Q2 24 | $1.0B | $435.0M | ||
| Q1 24 | $918.0M | $500.2M |
净利润FMCIOSP
| Q4 25 | $-1.7B | $47.4M | ||
| Q3 25 | $-569.3M | $12.9M | ||
| Q2 25 | $66.7M | $23.5M | ||
| Q1 25 | $-15.5M | $32.8M | ||
| Q4 24 | $-16.3M | $-70.4M | ||
| Q3 24 | $65.0M | $33.4M | ||
| Q2 24 | $295.1M | $31.2M | ||
| Q1 24 | $-2.7M | $41.4M |
毛利率FMCIOSP
| Q4 25 | 39.8% | 28.0% | ||
| Q3 25 | 23.8% | 26.4% | ||
| Q2 25 | 38.7% | 28.0% | ||
| Q1 25 | 40.0% | 28.4% | ||
| Q4 24 | 42.9% | 29.2% | ||
| Q3 24 | 36.3% | 28.0% | ||
| Q2 24 | 38.3% | 29.2% | ||
| Q1 24 | 37.0% | 31.1% |
营业利润率FMCIOSP
| Q4 25 | -130.8% | 10.3% | ||
| Q3 25 | -73.1% | 1.3% | ||
| Q2 25 | 12.0% | 7.8% | ||
| Q1 25 | 7.4% | 9.6% | ||
| Q4 24 | 19.2% | 8.8% | ||
| Q3 24 | 12.7% | 10.3% | ||
| Q2 24 | 6.0% | 9.4% | ||
| Q1 24 | 8.1% | 10.1% |
净利率FMCIOSP
| Q4 25 | -158.8% | 10.4% | ||
| Q3 25 | -105.0% | 2.9% | ||
| Q2 25 | 6.3% | 5.3% | ||
| Q1 25 | -2.0% | 7.4% | ||
| Q4 24 | -1.3% | -15.1% | ||
| Q3 24 | 6.1% | 7.5% | ||
| Q2 24 | 28.4% | 7.2% | ||
| Q1 24 | -0.3% | 8.3% |
每股收益（稀释后）FMCIOSP
| Q4 25 | $-13.77 | $1.90 | ||
| Q3 25 | $-4.52 | $0.52 | ||
| Q2 25 | $0.53 | $0.94 | ||
| Q1 25 | $-0.12 | $1.31 | ||
| Q4 24 | $-0.13 | $-2.80 | ||
| Q3 24 | $0.52 | $1.33 | ||
| Q2 24 | $2.35 | $1.24 | ||
| Q1 24 | $-0.02 | $1.65 |
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 | $584.5M | $292.5M |
| 总债务越低越好 | $3.4B | — |
| 股东权益账面价值 | $2.1B | $1.3B |
| 总资产 | $9.7B | $1.8B |
| 负债/权益比越低杠杆越低 | 1.62× | — |
8季度趋势，按日历期对齐
现金及短期投资FMCIOSP
| Q4 25 | $584.5M | $292.5M | ||
| Q3 25 | $497.7M | $270.8M | ||
| Q2 25 | $438.2M | $266.6M | ||
| Q1 25 | $315.3M | $299.8M | ||
| Q4 24 | $357.3M | $289.2M | ||
| Q3 24 | $416.7M | $303.8M | ||
| Q2 24 | $471.5M | $240.2M | ||
| Q1 24 | $417.8M | $270.1M |
总债务FMCIOSP
| Q4 25 | $3.4B | — | ||
| Q3 25 | $3.4B | — | ||
| Q2 25 | $3.4B | — | ||
| Q1 25 | $3.1B | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.1B | — | ||
| Q1 24 | $3.1B | — |
股东权益FMCIOSP
| Q4 25 | $2.1B | $1.3B | ||
| Q3 25 | $3.8B | $1.3B | ||
| Q2 25 | $4.4B | $1.3B | ||
| Q1 25 | $4.4B | $1.3B | ||
| Q4 24 | $4.5B | $1.2B | ||
| Q3 24 | $4.6B | $1.2B | ||
| Q2 24 | $4.6B | $1.2B | ||
| Q1 24 | $4.3B | $1.2B |
总资产FMCIOSP
| Q4 25 | $9.7B | $1.8B | ||
| Q3 25 | $12.1B | $1.8B | ||
| Q2 25 | $12.3B | $1.8B | ||
| Q1 25 | $11.8B | $1.8B | ||
| Q4 24 | $11.7B | $1.7B | ||
| Q3 24 | $12.2B | $1.8B | ||
| Q2 24 | $12.1B | $1.7B | ||
| Q1 24 | $12.0B | $1.7B |
负债/权益比FMCIOSP
| Q4 25 | 1.62× | — | ||
| Q3 25 | 0.89× | — | ||
| Q2 25 | 0.76× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 0.69× | — | ||
| Q3 24 | 0.68× | — | ||
| Q2 24 | 0.68× | — | ||
| Q1 24 | 0.72× | — |
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 | $657.1M | $61.4M |
| 自由现金流经营现金流 - 资本支出 | $631.1M | $46.8M |
| 自由现金流率自由现金流/营收 | 58.3% | 10.3% |
| 资本支出强度资本支出/营收 | 2.4% | 3.2% |
| 现金转化率经营现金流/净利润 | — | 1.30× |
| 过去12个月自由现金流最近4个季度 | $-102.5M | $88.0M |
8季度趋势，按日历期对齐
经营现金流FMCIOSP
| Q4 25 | $657.1M | $61.4M | ||
| Q3 25 | $-184.2M | $39.3M | ||
| Q2 25 | $65.9M | $9.3M | ||
| Q1 25 | $-545.0M | $28.3M | ||
| Q4 24 | $427.9M | $25.7M | ||
| Q3 24 | $159.5M | $73.5M | ||
| Q2 24 | $292.2M | $4.7M | ||
| Q1 24 | $-142.9M | $80.6M |
自由现金流FMCIOSP
| Q4 25 | $631.1M | $46.8M | ||
| Q3 25 | $-207.9M | $25.0M | ||
| Q2 25 | $50.9M | $-3.7M | ||
| Q1 25 | $-576.6M | $19.9M | ||
| Q4 24 | $406.3M | $13.6M | ||
| Q3 24 | $143.8M | $65.8M | ||
| Q2 24 | $282.3M | $-6.2M | ||
| Q1 24 | $-163.6M | $69.9M |
自由现金流率FMCIOSP
| Q4 25 | 58.3% | 10.3% | ||
| Q3 25 | -38.3% | 5.7% | ||
| Q2 25 | 4.8% | -0.8% | ||
| Q1 25 | -72.9% | 4.5% | ||
| Q4 24 | 33.2% | 2.9% | ||
| Q3 24 | 13.5% | 14.8% | ||
| Q2 24 | 27.2% | -1.4% | ||
| Q1 24 | -17.8% | 14.0% |
资本支出强度FMCIOSP
| Q4 25 | 2.4% | 3.2% | ||
| Q3 25 | 4.4% | 3.2% | ||
| Q2 25 | 1.4% | 3.0% | ||
| Q1 25 | 4.0% | 1.9% | ||
| Q4 24 | 1.8% | 2.6% | ||
| Q3 24 | 1.5% | 1.7% | ||
| Q2 24 | 1.0% | 2.5% | ||
| Q1 24 | 2.3% | 2.1% |
现金转化率FMCIOSP
| Q4 25 | — | 1.30× | ||
| Q3 25 | — | 3.05× | ||
| Q2 25 | 0.99× | 0.40× | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.45× | 2.20× | ||
| Q2 24 | 0.99× | 0.15× | ||
| Q1 24 | — | 1.95× |
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
FMC
| Insecticides | $440.3M | 41% |
| Herbicides | $378.8M | 35% |
| Fungicides | $140.4M | 13% |
| Plant Health | $65.6M | 6% |
| Other | $45.0M | 4% |
IOSP
| Refinery And Performance | $147.0M | 32% |
| Personal Care | $99.7M | 22% |
| Oilfield Services | $93.1M | 20% |
| Other Fuel Specialties | $47.1M | 10% |
| Other Performance Chemicals | $40.0M | 9% |
| Home Care | $28.7M | 6% |
