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亨斯迈（HUN）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
罗布乐思的季度营收约是亨斯迈的1.0倍（$1.4B vs $1.4B），亨斯迈净利率更高（-7.1% vs -22.3%，领先15.2%），罗布乐思同比增速更快（43.2% vs -6.7%），罗布乐思自由现金流更多（$308.6M vs $19.0M），过去两年罗布乐思的营收复合增速更高（32.9% vs -4.0%）
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。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
HUN vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.0倍
$1.4B
营收增速更快
RBLX
高出49.9%
-6.7%
净利率更高
HUN
高出15.2%
-22.3%
自由现金流更多
RBLX
多$289.6M
$19.0M
两年增速更快
RBLX
近两年复合增速
-4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.4B |
| 净利润 | $-96.0M | $-316.0M |
| 毛利率 | 12.1% | 77.7% |
| 营业利润率 | -4.4% | -25.3% |
| 净利率 | -7.1% | -22.3% |
| 营收同比 | -6.7% | 43.2% |
| 净利润同比 | 31.9% | -43.9% |
| 每股收益（稀释后） | $-0.56 | $-0.44 |
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HUNRBLX
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.5B | $1.1B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $1.5B | $988.2M | ||
| Q3 24 | $1.5B | $919.0M | ||
| Q2 24 | $1.6B | $893.5M | ||
| Q1 24 | $1.5B | $801.3M |
净利润HUNRBLX
| Q4 25 | $-96.0M | $-316.0M | ||
| Q3 25 | $-25.0M | $-255.6M | ||
| Q2 25 | $-158.0M | $-278.4M | ||
| Q1 25 | $-5.0M | $-215.1M | ||
| Q4 24 | $-141.0M | $-219.6M | ||
| Q3 24 | $-33.0M | $-239.3M | ||
| Q2 24 | $22.0M | $-205.9M | ||
| Q1 24 | $-37.0M | $-270.6M |
毛利率HUNRBLX
| Q4 25 | 12.1% | 77.7% | ||
| Q3 25 | 14.0% | 78.2% | ||
| Q2 25 | 12.5% | 78.2% | ||
| Q1 25 | 14.3% | 78.3% | ||
| Q4 24 | 12.9% | 77.9% | ||
| Q3 24 | 15.2% | 77.7% | ||
| Q2 24 | 15.4% | 77.8% | ||
| Q1 24 | 13.7% | 77.7% |
营业利润率HUNRBLX
| Q4 25 | -4.4% | -25.3% | ||
| Q3 25 | 0.4% | -21.8% | ||
| Q2 25 | -8.2% | -29.8% | ||
| Q1 25 | 3.0% | -24.6% | ||
| Q4 24 | -4.3% | -24.7% | ||
| Q3 24 | 2.7% | -30.4% | ||
| Q2 24 | 2.2% | -26.6% | ||
| Q1 24 | -2.6% | -37.7% |
净利率HUNRBLX
| Q4 25 | -7.1% | -22.3% | ||
| Q3 25 | -1.7% | -18.8% | ||
| Q2 25 | -10.8% | -25.8% | ||
| Q1 25 | -0.4% | -20.8% | ||
| Q4 24 | -9.7% | -22.2% | ||
| Q3 24 | -2.1% | -26.0% | ||
| Q2 24 | 1.4% | -23.0% | ||
| Q1 24 | -2.5% | -33.8% |
每股收益（稀释后）HUNRBLX
| Q4 25 | $-0.56 | $-0.44 | ||
| Q3 25 | $-0.14 | $-0.37 | ||
| Q2 25 | $-0.92 | $-0.41 | ||
| Q1 25 | $-0.03 | $-0.32 | ||
| Q4 24 | $-0.82 | $-0.32 | ||
| Q3 24 | $-0.19 | $-0.37 | ||
| Q2 24 | $0.13 | $-0.32 | ||
| Q1 24 | $-0.22 | $-0.43 |
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 | $3.1B |
| 总债务越低越好 | $2.0B | $1.2B |
| 股东权益账面价值 | $2.8B | $394.5M |
| 总资产 | $7.0B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.73× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资HUNRBLX
| Q4 25 | $429.0M | $3.1B | ||
| Q3 25 | $468.0M | $2.9B | ||
| Q2 25 | $399.0M | $2.6B | ||
| Q1 25 | $334.0M | $2.7B | ||
| Q4 24 | $340.0M | $2.4B | ||
| Q3 24 | $330.0M | $2.3B | ||
| Q2 24 | $335.0M | $2.4B | ||
| Q1 24 | $552.0M | $2.4B |
总债务HUNRBLX
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $1.8B | $1.2B | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $2.1B | — |
股东权益HUNRBLX
| Q4 25 | $2.8B | $394.5M | ||
| Q3 25 | $2.8B | $407.6M | ||
| Q2 25 | $2.8B | $353.2M | ||
| Q1 25 | $3.0B | $310.7M | ||
| Q4 24 | $3.0B | $221.4M | ||
| Q3 24 | $3.1B | $189.9M | ||
| Q2 24 | $3.1B | $121.5M | ||
| Q1 24 | $3.2B | $71.6M |
总资产HUNRBLX
| Q4 25 | $7.0B | $9.6B | ||
| Q3 25 | $7.1B | $8.6B | ||
| Q2 25 | $7.1B | $7.8B | ||
| Q1 25 | $7.2B | $7.5B | ||
| Q4 24 | $7.1B | $7.2B | ||
| Q3 24 | $7.3B | $6.7B | ||
| Q2 24 | $7.3B | $6.5B | ||
| Q1 24 | $7.6B | $6.3B |
负债/权益比HUNRBLX
| Q4 25 | 0.73× | 2.98× | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.62× | 5.48× | ||
| 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 | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $19.0M | $308.6M |
| 自由现金流率自由现金流/营收 | 1.4% | 21.8% |
| 资本支出强度资本支出/营收 | 4.2% | 21.1% |
| 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 | $116.0M | $1.4B |
8季度趋势，按日历期对齐
经营现金流HUNRBLX
| Q4 25 | $76.0M | $607.0M | ||
| Q3 25 | $196.0M | $546.2M | ||
| Q2 25 | $91.0M | $199.3M | ||
| Q1 25 | $-74.0M | $443.9M | ||
| Q4 24 | $153.0M | $184.5M | ||
| Q3 24 | $129.0M | $247.4M | ||
| Q2 24 | $46.0M | $151.4M | ||
| Q1 24 | $-65.0M | $238.9M |
自由现金流HUNRBLX
| Q4 25 | $19.0M | $308.6M | ||
| Q3 25 | $153.0M | $443.6M | ||
| Q2 25 | $54.0M | $176.7M | ||
| Q1 25 | $-110.0M | $426.5M | ||
| Q4 24 | $102.0M | $120.6M | ||
| Q3 24 | $88.0M | $218.0M | ||
| Q2 24 | $-4.0M | $111.7M | ||
| Q1 24 | $-107.0M | $192.3M |
自由现金流率HUNRBLX
| Q4 25 | 1.4% | 21.8% | ||
| Q3 25 | 10.5% | 32.6% | ||
| Q2 25 | 3.7% | 16.3% | ||
| Q1 25 | -7.8% | 41.2% | ||
| Q4 24 | 7.0% | 12.2% | ||
| Q3 24 | 5.7% | 23.7% | ||
| Q2 24 | -0.3% | 12.5% | ||
| Q1 24 | -7.3% | 24.0% |
资本支出强度HUNRBLX
| Q4 25 | 4.2% | 21.1% | ||
| Q3 25 | 2.9% | 7.5% | ||
| Q2 25 | 2.5% | 2.1% | ||
| Q1 25 | 2.6% | 1.7% | ||
| Q4 24 | 3.5% | 6.5% | ||
| Q3 24 | 2.7% | 3.2% | ||
| Q2 24 | 3.2% | 4.4% | ||
| Q1 24 | 2.9% | 5.8% |
现金转化率HUNRBLX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.09× | — | ||
| 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
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% |
RBLX
暂无分部数据
