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亨斯迈（HUN）与INNOSPEC INC.（IOSP）财务数据对比。点击上方公司名可切换其他公司
亨斯迈的季度营收约是INNOSPEC INC.的3.0倍（$1.4B vs $455.6M）。INNOSPEC INC.净利率更高（10.4% vs -7.1%，领先17.5%）。INNOSPEC INC.同比增速更快（-2.4% vs -6.7%）。INNOSPEC INC.自由现金流更多（$46.8M vs $19.0M）。过去两年亨斯迈的营收复合增速更高（-4.0% vs -4.6%）
亨斯迈公司是总部位于美国得克萨斯州伍德兰兹的全球化化工巨头，面向消费端与工业客户生产、销售各类化工产品，主营聚氨酯、高性能材料及胶粘剂，客户覆盖宝马、通用电气、雪佛龙、宝洁、联合利华等知名品牌。目前公司在全球25个国家设有60余处生产、研发及运营基地，员工约7000人。
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。
HUN vs IOSP — 直观对比
营收规模更大
HUN
是对方的3.0倍
$455.6M
营收增速更快
IOSP
高出4.3%
-6.7%
净利率更高
IOSP
高出17.5%
-7.1%
自由现金流更多
IOSP
多$27.8M
$19.0M
两年增速更快
HUN
近两年复合增速
-4.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $455.6M |
| 净利润 | $-96.0M | $47.4M |
| 毛利率 | 12.1% | 28.0% |
| 营业利润率 | -4.4% | 10.3% |
| 净利率 | -7.1% | 10.4% |
| 营收同比 | -6.7% | -2.4% |
| 净利润同比 | 31.9% | 167.3% |
| 每股收益（稀释后） | $-0.56 | $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HUNIOSP
| Q4 25 | $1.4B | $455.6M | ||
| Q3 25 | $1.5B | $441.9M | ||
| Q2 25 | $1.5B | $439.7M | ||
| Q1 25 | $1.4B | $440.8M | ||
| Q4 24 | $1.5B | $466.8M | ||
| Q3 24 | $1.5B | $443.4M | ||
| Q2 24 | $1.6B | $435.0M | ||
| Q1 24 | $1.5B | $500.2M |
净利润HUNIOSP
| Q4 25 | $-96.0M | $47.4M | ||
| Q3 25 | $-25.0M | $12.9M | ||
| Q2 25 | $-158.0M | $23.5M | ||
| Q1 25 | $-5.0M | $32.8M | ||
| Q4 24 | $-141.0M | $-70.4M | ||
| Q3 24 | $-33.0M | $33.4M | ||
| Q2 24 | $22.0M | $31.2M | ||
| Q1 24 | $-37.0M | $41.4M |
毛利率HUNIOSP
| Q4 25 | 12.1% | 28.0% | ||
| Q3 25 | 14.0% | 26.4% | ||
| Q2 25 | 12.5% | 28.0% | ||
| Q1 25 | 14.3% | 28.4% | ||
| Q4 24 | 12.9% | 29.2% | ||
| Q3 24 | 15.2% | 28.0% | ||
| Q2 24 | 15.4% | 29.2% | ||
| Q1 24 | 13.7% | 31.1% |
营业利润率HUNIOSP
| Q4 25 | -4.4% | 10.3% | ||
| Q3 25 | 0.4% | 1.3% | ||
| Q2 25 | -8.2% | 7.8% | ||
| Q1 25 | 3.0% | 9.6% | ||
| Q4 24 | -4.3% | 8.8% | ||
| Q3 24 | 2.7% | 10.3% | ||
| Q2 24 | 2.2% | 9.4% | ||
| Q1 24 | -2.6% | 10.1% |
净利率HUNIOSP
| Q4 25 | -7.1% | 10.4% | ||
| Q3 25 | -1.7% | 2.9% | ||
| Q2 25 | -10.8% | 5.3% | ||
| Q1 25 | -0.4% | 7.4% | ||
| Q4 24 | -9.7% | -15.1% | ||
| Q3 24 | -2.1% | 7.5% | ||
| Q2 24 | 1.4% | 7.2% | ||
| Q1 24 | -2.5% | 8.3% |
每股收益（稀释后）HUNIOSP
| Q4 25 | $-0.56 | $1.90 | ||
| Q3 25 | $-0.14 | $0.52 | ||
| Q2 25 | $-0.92 | $0.94 | ||
| Q1 25 | $-0.03 | $1.31 | ||
| Q4 24 | $-0.82 | $-2.80 | ||
| Q3 24 | $-0.19 | $1.33 | ||
| Q2 24 | $0.13 | $1.24 | ||
| Q1 24 | $-0.22 | $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 | $429.0M | $292.5M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $2.8B | $1.3B |
| 总资产 | $7.0B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.73× | — |
8季度趋势，按日历期对齐
现金及短期投资HUNIOSP
| Q4 25 | $429.0M | $292.5M | ||
| Q3 25 | $468.0M | $270.8M | ||
| Q2 25 | $399.0M | $266.6M | ||
| Q1 25 | $334.0M | $299.8M | ||
| Q4 24 | $340.0M | $289.2M | ||
| Q3 24 | $330.0M | $303.8M | ||
| Q2 24 | $335.0M | $240.2M | ||
| Q1 24 | $552.0M | $270.1M |
总债务HUNIOSP
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $2.1B | — |
股东权益HUNIOSP
| Q4 25 | $2.8B | $1.3B | ||
| Q3 25 | $2.8B | $1.3B | ||
| Q2 25 | $2.8B | $1.3B | ||
| Q1 25 | $3.0B | $1.3B | ||
| Q4 24 | $3.0B | $1.2B | ||
| Q3 24 | $3.1B | $1.2B | ||
| Q2 24 | $3.1B | $1.2B | ||
| Q1 24 | $3.2B | $1.2B |
总资产HUNIOSP
| Q4 25 | $7.0B | $1.8B | ||
| Q3 25 | $7.1B | $1.8B | ||
| Q2 25 | $7.1B | $1.8B | ||
| Q1 25 | $7.2B | $1.8B | ||
| Q4 24 | $7.1B | $1.7B | ||
| Q3 24 | $7.3B | $1.8B | ||
| Q2 24 | $7.3B | $1.7B | ||
| Q1 24 | $7.6B | $1.7B |
负债/权益比HUNIOSP
| Q4 25 | 0.73× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.62× | — | ||
| Q3 24 | 0.60× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.65× | — |
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 | $76.0M | $61.4M |
| 自由现金流经营现金流 - 资本支出 | $19.0M | $46.8M |
| 自由现金流率自由现金流/营收 | 1.4% | 10.3% |
| 资本支出强度资本支出/营收 | 4.2% | 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 | $116.0M | $88.0M |
8季度趋势，按日历期对齐
经营现金流HUNIOSP
| Q4 25 | $76.0M | $61.4M | ||
| Q3 25 | $196.0M | $39.3M | ||
| Q2 25 | $91.0M | $9.3M | ||
| Q1 25 | $-74.0M | $28.3M | ||
| Q4 24 | $153.0M | $25.7M | ||
| Q3 24 | $129.0M | $73.5M | ||
| Q2 24 | $46.0M | $4.7M | ||
| Q1 24 | $-65.0M | $80.6M |
自由现金流HUNIOSP
| Q4 25 | $19.0M | $46.8M | ||
| Q3 25 | $153.0M | $25.0M | ||
| Q2 25 | $54.0M | $-3.7M | ||
| Q1 25 | $-110.0M | $19.9M | ||
| Q4 24 | $102.0M | $13.6M | ||
| Q3 24 | $88.0M | $65.8M | ||
| Q2 24 | $-4.0M | $-6.2M | ||
| Q1 24 | $-107.0M | $69.9M |
自由现金流率HUNIOSP
| Q4 25 | 1.4% | 10.3% | ||
| Q3 25 | 10.5% | 5.7% | ||
| Q2 25 | 3.7% | -0.8% | ||
| Q1 25 | -7.8% | 4.5% | ||
| Q4 24 | 7.0% | 2.9% | ||
| Q3 24 | 5.7% | 14.8% | ||
| Q2 24 | -0.3% | -1.4% | ||
| Q1 24 | -7.3% | 14.0% |
资本支出强度HUNIOSP
| Q4 25 | 4.2% | 3.2% | ||
| Q3 25 | 2.9% | 3.2% | ||
| Q2 25 | 2.5% | 3.0% | ||
| Q1 25 | 2.6% | 1.9% | ||
| Q4 24 | 3.5% | 2.6% | ||
| Q3 24 | 2.7% | 1.7% | ||
| Q2 24 | 3.2% | 2.5% | ||
| Q1 24 | 2.9% | 2.1% |
现金转化率HUNIOSP
| Q4 25 | — | 1.30× | ||
| Q3 25 | — | 3.05× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.20× | ||
| Q2 24 | 2.09× | 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
HUN
| Diversified | $897.0M | 66% |
| Specialty | $231.0M | 17% |
| Performance Products | $113.0M | 8% |
| Advanced Materials | $61.0M | 5% |
| Related Party Customers | $19.0M | 1% |
| Other | $12.0M | 1% |
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% |
