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FMC CORP（FMC）与Ingevity Corp（NGVT）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Ingevity Corp的5.8倍（$1.1B vs $185.4M）。Ingevity Corp净利率更高（-45.6% vs -158.8%，领先113.2%）。Ingevity Corp同比增速更快（36.7% vs -11.5%）。FMC CORP自由现金流更多（$631.1M vs $73.5M）。过去两年FMC CORP的营收复合增速更高（8.6% vs -26.2%）
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。
Ingevity Corp是一家全球特种化学品与先进材料生产商，主营高性能碳材料、路面养护解决方案及特种化工产品，服务汽车排放控制、工业净化、道路基建、农业投入品等核心市场，业务覆盖北美、欧洲及亚太地区。
FMC vs NGVT — 直观对比
营收规模更大
FMC
是对方的5.8倍
$185.4M
营收增速更快
NGVT
高出48.2%
-11.5%
净利率更高
NGVT
高出113.2%
-158.8%
自由现金流更多
FMC
多$557.6M
$73.5M
两年增速更快
FMC
近两年复合增速
-26.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $185.4M |
| 净利润 | $-1.7B | $-84.6M |
| 毛利率 | 39.8% | 41.2% |
| 营业利润率 | -130.8% | -47.7% |
| 净利率 | -158.8% | -45.6% |
| 营收同比 | -11.5% | 36.7% |
| 净利润同比 | -10457.1% | -609.6% |
| 每股收益（稀释后） | $-13.77 | $-2.33 |
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FMCNGVT
| Q4 25 | $1.1B | $185.4M | ||
| Q3 25 | $542.2M | $333.1M | ||
| Q2 25 | $1.1B | $365.1M | ||
| Q1 25 | $791.4M | $284.0M | ||
| Q4 24 | $1.2B | $135.6M | ||
| Q3 24 | $1.1B | $333.8M | ||
| Q2 24 | $1.0B | $390.6M | ||
| Q1 24 | $918.0M | $340.1M |
净利润FMCNGVT
| Q4 25 | $-1.7B | $-84.6M | ||
| Q3 25 | $-569.3M | $43.5M | ||
| Q2 25 | $66.7M | $-146.5M | ||
| Q1 25 | $-15.5M | $20.5M | ||
| Q4 24 | $-16.3M | $16.6M | ||
| Q3 24 | $65.0M | $-107.2M | ||
| Q2 24 | $295.1M | $-283.7M | ||
| Q1 24 | $-2.7M | $-56.0M |
毛利率FMCNGVT
| Q4 25 | 39.8% | 41.2% | ||
| Q3 25 | 23.8% | 40.2% | ||
| Q2 25 | 38.7% | 37.8% | ||
| Q1 25 | 40.0% | 39.9% | ||
| Q4 24 | 42.9% | 81.3% | ||
| Q3 24 | 36.3% | 39.4% | ||
| Q2 24 | 38.3% | 31.5% | ||
| Q1 24 | 37.0% | 29.3% |
营业利润率FMCNGVT
| Q4 25 | -130.8% | -47.7% | ||
| Q3 25 | -73.1% | 18.7% | ||
| Q2 25 | 12.0% | -39.1% | ||
| Q1 25 | 7.4% | 9.4% | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 12.7% | 33.0% | ||
| Q2 24 | 6.0% | 25.9% | ||
| Q1 24 | 8.1% | 22.6% |
净利率FMCNGVT
| Q4 25 | -158.8% | -45.6% | ||
| Q3 25 | -105.0% | 13.1% | ||
| Q2 25 | 6.3% | -40.1% | ||
| Q1 25 | -2.0% | 7.2% | ||
| Q4 24 | -1.3% | 12.2% | ||
| Q3 24 | 6.1% | -32.1% | ||
| Q2 24 | 28.4% | -72.6% | ||
| Q1 24 | -0.3% | -16.5% |
每股收益（稀释后）FMCNGVT
| Q4 25 | $-13.77 | $-2.33 | ||
| Q3 25 | $-4.52 | $1.18 | ||
| Q2 25 | $0.53 | $-4.02 | ||
| Q1 25 | $-0.12 | $0.56 | ||
| Q4 24 | $-0.13 | $0.44 | ||
| Q3 24 | $0.52 | $-2.94 | ||
| Q2 24 | $2.35 | $-7.81 | ||
| Q1 24 | $-0.02 | $-1.54 |
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 | $78.1M |
| 总债务越低越好 | $3.4B | $1.2B |
| 股东权益账面价值 | $2.1B | $29.7M |
| 总资产 | $9.7B | $1.7B |
| 负债/权益比越低杠杆越低 | 1.62× | 39.10× |
8季度趋势，按日历期对齐
现金及短期投资FMCNGVT
| Q4 25 | $584.5M | $78.1M | ||
| Q3 25 | $497.7M | $83.4M | ||
| Q2 25 | $438.2M | $76.9M | ||
| Q1 25 | $315.3M | $71.5M | ||
| Q4 24 | $357.3M | $68.0M | ||
| Q3 24 | $416.7M | $135.5M | ||
| Q2 24 | $471.5M | $107.4M | ||
| Q1 24 | $417.8M | $88.5M |
总债务FMCNGVT
| Q4 25 | $3.4B | $1.2B | ||
| Q3 25 | $3.4B | $1.2B | ||
| Q2 25 | $3.4B | $1.2B | ||
| Q1 25 | $3.1B | $1.3B | ||
| Q4 24 | $3.1B | $1.3B | ||
| Q3 24 | $3.1B | $1.4B | ||
| Q2 24 | $3.1B | $1.4B | ||
| Q1 24 | $3.1B | $1.4B |
股东权益FMCNGVT
| Q4 25 | $2.1B | $29.7M | ||
| Q3 25 | $3.8B | $138.1M | ||
| Q2 25 | $4.4B | $120.7M | ||
| Q1 25 | $4.4B | $234.6M | ||
| Q4 24 | $4.5B | $195.2M | ||
| Q3 24 | $4.6B | $214.5M | ||
| Q2 24 | $4.6B | $284.8M | ||
| Q1 24 | $4.3B | $568.2M |
总资产FMCNGVT
| Q4 25 | $9.7B | $1.7B | ||
| Q3 25 | $12.1B | $1.8B | ||
| Q2 25 | $12.3B | $1.9B | ||
| Q1 25 | $11.8B | $2.1B | ||
| Q4 24 | $11.7B | $2.0B | ||
| Q3 24 | $12.2B | $2.2B | ||
| Q2 24 | $12.1B | $2.3B | ||
| Q1 24 | $12.0B | $2.6B |
负债/权益比FMCNGVT
| Q4 25 | 1.62× | 39.10× | ||
| Q3 25 | 0.89× | 8.39× | ||
| Q2 25 | 0.76× | 10.24× | ||
| Q1 25 | 0.71× | 5.68× | ||
| Q4 24 | 0.69× | 6.86× | ||
| Q3 24 | 0.68× | 6.52× | ||
| Q2 24 | 0.68× | 4.92× | ||
| Q1 24 | 0.72× | 2.48× |
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 | $97.1M |
| 自由现金流经营现金流 - 资本支出 | $631.1M | $73.5M |
| 自由现金流率自由现金流/营收 | 58.3% | 39.6% |
| 资本支出强度资本支出/营收 | 2.4% | 12.7% |
| 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 | $-102.5M | $273.5M |
8季度趋势，按日历期对齐
经营现金流FMCNGVT
| Q4 25 | $657.1M | $97.1M | ||
| Q3 25 | $-184.2M | $129.7M | ||
| Q2 25 | $65.9M | $79.0M | ||
| Q1 25 | $-545.0M | $25.4M | ||
| Q4 24 | $427.9M | $64.5M | ||
| Q3 24 | $159.5M | $46.5M | ||
| Q2 24 | $292.2M | $29.7M | ||
| Q1 24 | $-142.9M | $-12.1M |
自由现金流FMCNGVT
| Q4 25 | $631.1M | $73.5M | ||
| Q3 25 | $-207.9M | $117.8M | ||
| Q2 25 | $50.9M | $66.8M | ||
| Q1 25 | $-576.6M | $15.4M | ||
| Q4 24 | $406.3M | $39.6M | ||
| Q3 24 | $143.8M | $28.5M | ||
| Q2 24 | $282.3M | $11.6M | ||
| Q1 24 | $-163.6M | $-28.7M |
自由现金流率FMCNGVT
| Q4 25 | 58.3% | 39.6% | ||
| Q3 25 | -38.3% | 35.4% | ||
| Q2 25 | 4.8% | 18.3% | ||
| Q1 25 | -72.9% | 5.4% | ||
| Q4 24 | 33.2% | 29.2% | ||
| Q3 24 | 13.5% | 8.5% | ||
| Q2 24 | 27.2% | 3.0% | ||
| Q1 24 | -17.8% | -8.4% |
资本支出强度FMCNGVT
| Q4 25 | 2.4% | 12.7% | ||
| Q3 25 | 4.4% | 3.6% | ||
| Q2 25 | 1.4% | 3.3% | ||
| Q1 25 | 4.0% | 3.5% | ||
| Q4 24 | 1.8% | 18.4% | ||
| Q3 24 | 1.5% | 5.4% | ||
| Q2 24 | 1.0% | 4.6% | ||
| Q1 24 | 2.3% | 4.9% |
现金转化率FMCNGVT
| Q4 25 | — | — | ||
| Q3 25 | — | 2.98× | ||
| Q2 25 | 0.99× | — | ||
| Q1 25 | — | 1.24× | ||
| Q4 24 | — | 3.89× | ||
| Q3 24 | 2.45× | — | ||
| Q2 24 | 0.99× | — | ||
| Q1 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
FMC
| Insecticides | $440.3M | 41% |
| Herbicides | $378.8M | 35% |
| Fungicides | $140.4M | 13% |
| Plant Health | $65.6M | 6% |
| Other | $45.0M | 4% |
NGVT
| Performance Materials | $151.2M | 82% |
| Advanced Polymer Technologies Segment | $36.5M | 20% |
