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亨斯迈（HUN）与Reddit, Inc.（RDDT）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Reddit, Inc.的1.9倍（$1.4B vs $725.6M），Reddit, Inc.净利率更高（34.7% vs -7.1%，领先41.8%），Reddit, Inc.同比增速更快（69.7% vs -6.7%），Reddit, Inc.自由现金流更多（$263.6M vs $19.0M），过去两年Reddit, Inc.的营收复合增速更高（72.8% 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。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
HUN vs RDDT — 直观对比
营收规模更大
HUN
是对方的1.9倍
$725.6M
营收增速更快
RDDT
高出76.3%
-6.7%
净利率更高
RDDT
高出41.8%
-7.1%
自由现金流更多
RDDT
多$244.6M
$19.0M
两年增速更快
RDDT
近两年复合增速
-4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $725.6M |
| 净利润 | $-96.0M | $251.6M |
| 毛利率 | 12.1% | 91.9% |
| 营业利润率 | -4.4% | 31.9% |
| 净利率 | -7.1% | 34.7% |
| 营收同比 | -6.7% | 69.7% |
| 净利润同比 | 31.9% | 254.2% |
| 每股收益（稀释后） | $-0.56 | $1.24 |
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HUNRDDT
| Q4 25 | $1.4B | $725.6M | ||
| Q3 25 | $1.5B | $584.9M | ||
| Q2 25 | $1.5B | $499.6M | ||
| Q1 25 | $1.4B | $392.4M | ||
| Q4 24 | $1.5B | $427.7M | ||
| Q3 24 | $1.5B | $348.4M | ||
| Q2 24 | $1.6B | $281.2M | ||
| Q1 24 | $1.5B | $243.0M |
净利润HUNRDDT
| Q4 25 | $-96.0M | $251.6M | ||
| Q3 25 | $-25.0M | $162.7M | ||
| Q2 25 | $-158.0M | $89.3M | ||
| Q1 25 | $-5.0M | $26.2M | ||
| Q4 24 | $-141.0M | $71.0M | ||
| Q3 24 | $-33.0M | $29.9M | ||
| Q2 24 | $22.0M | $-10.1M | ||
| Q1 24 | $-37.0M | $-575.1M |
毛利率HUNRDDT
| Q4 25 | 12.1% | 91.9% | ||
| Q3 25 | 14.0% | 91.0% | ||
| Q2 25 | 12.5% | 90.8% | ||
| Q1 25 | 14.3% | 90.5% | ||
| Q4 24 | 12.9% | 92.6% | ||
| Q3 24 | 15.2% | 90.1% | ||
| Q2 24 | 15.4% | 89.5% | ||
| Q1 24 | 13.7% | 88.6% |
营业利润率HUNRDDT
| Q4 25 | -4.4% | 31.9% | ||
| Q3 25 | 0.4% | 23.7% | ||
| Q2 25 | -8.2% | 13.6% | ||
| Q1 25 | 3.0% | 1.0% | ||
| Q4 24 | -4.3% | 12.4% | ||
| Q3 24 | 2.7% | 2.0% | ||
| Q2 24 | 2.2% | -11.0% | ||
| Q1 24 | -2.6% | -242.5% |
净利率HUNRDDT
| Q4 25 | -7.1% | 34.7% | ||
| Q3 25 | -1.7% | 27.8% | ||
| Q2 25 | -10.8% | 17.9% | ||
| Q1 25 | -0.4% | 6.7% | ||
| Q4 24 | -9.7% | 16.6% | ||
| Q3 24 | -2.1% | 8.6% | ||
| Q2 24 | 1.4% | -3.6% | ||
| Q1 24 | -2.5% | -236.7% |
每股收益（稀释后）HUNRDDT
| Q4 25 | $-0.56 | $1.24 | ||
| Q3 25 | $-0.14 | $0.80 | ||
| Q2 25 | $-0.92 | $0.45 | ||
| Q1 25 | $-0.03 | $0.13 | ||
| Q4 24 | $-0.82 | $4.76 | ||
| Q3 24 | $-0.19 | $0.16 | ||
| Q2 24 | $0.13 | $-0.06 | ||
| Q1 24 | $-0.22 | $-8.19 |
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 | $953.6M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $2.8B | $2.9B |
| 总资产 | $7.0B | $3.2B |
| 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HUNRDDT
| Q4 25 | $429.0M | $953.6M | ||
| Q3 25 | $468.0M | $911.7M | ||
| Q2 25 | $399.0M | $734.1M | ||
| Q1 25 | $334.0M | $635.7M | ||
| Q4 24 | $340.0M | $562.1M | ||
| Q3 24 | $330.0M | $515.9M | ||
| Q2 24 | $335.0M | $468.0M | ||
| Q1 24 | $552.0M | $968.5M |
总债务HUNRDDT
| 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HUNRDDT
| Q4 25 | $2.8B | $2.9B | ||
| Q3 25 | $2.8B | $2.6B | ||
| Q2 25 | $2.8B | $2.4B | ||
| Q1 25 | $3.0B | $2.2B | ||
| Q4 24 | $3.0B | $2.1B | ||
| Q3 24 | $3.1B | $2.0B | ||
| Q2 24 | $3.1B | $1.9B | ||
| Q1 24 | $3.2B | $1.8B |
总资产HUNRDDT
| Q4 25 | $7.0B | $3.2B | ||
| Q3 25 | $7.1B | $2.9B | ||
| Q2 25 | $7.1B | $2.6B | ||
| Q1 25 | $7.2B | $2.4B | ||
| Q4 24 | $7.1B | $2.3B | ||
| Q3 24 | $7.3B | $2.2B | ||
| Q2 24 | $7.3B | $2.1B | ||
| Q1 24 | $7.6B | $2.0B |
负债/权益比HUNRDDT
| 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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $19.0M | $263.6M |
| 自由现金流率自由现金流/营收 | 1.4% | 36.3% |
| 资本支出强度资本支出/营收 | 4.2% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.06× |
| 过去12个月自由现金流最近4个季度 | $116.0M | $684.2M |
8季度趋势，按日历期对齐
经营现金流HUNRDDT
| Q4 25 | $76.0M | $266.8M | ||
| Q3 25 | $196.0M | $185.2M | ||
| Q2 25 | $91.0M | $111.3M | ||
| Q1 25 | $-74.0M | $127.6M | ||
| Q4 24 | $153.0M | $90.0M | ||
| Q3 24 | $129.0M | $71.6M | ||
| Q2 24 | $46.0M | $28.4M | ||
| Q1 24 | $-65.0M | $32.1M |
自由现金流HUNRDDT
| Q4 25 | $19.0M | $263.6M | ||
| Q3 25 | $153.0M | $183.1M | ||
| Q2 25 | $54.0M | $110.8M | ||
| Q1 25 | $-110.0M | $126.6M | ||
| Q4 24 | $102.0M | $89.2M | ||
| Q3 24 | $88.0M | $70.3M | ||
| Q2 24 | $-4.0M | $27.2M | ||
| Q1 24 | $-107.0M | $29.2M |
自由现金流率HUNRDDT
| Q4 25 | 1.4% | 36.3% | ||
| Q3 25 | 10.5% | 31.3% | ||
| Q2 25 | 3.7% | 22.2% | ||
| Q1 25 | -7.8% | 32.3% | ||
| Q4 24 | 7.0% | 20.8% | ||
| Q3 24 | 5.7% | 20.2% | ||
| Q2 24 | -0.3% | 9.7% | ||
| Q1 24 | -7.3% | 12.0% |
资本支出强度HUNRDDT
| Q4 25 | 4.2% | 0.4% | ||
| Q3 25 | 2.9% | 0.4% | ||
| Q2 25 | 2.5% | 0.1% | ||
| Q1 25 | 2.6% | 0.2% | ||
| Q4 24 | 3.5% | 0.2% | ||
| Q3 24 | 2.7% | 0.4% | ||
| Q2 24 | 3.2% | 0.4% | ||
| Q1 24 | 2.9% | 1.2% |
现金转化率HUNRDDT
| Q4 25 | — | 1.06× | ||
| Q3 25 | — | 1.14× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | 2.40× | ||
| 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% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
