vs
赫氏（HXL）与猫途鹰（TRIP）财务数据对比。点击上方公司名可切换其他公司
赫氏的季度营收约是猫途鹰的1.2倍（$501.5M vs $411.0M），赫氏净利率更高（7.4% vs -9.2%，领先16.7%），赫氏同比增速更快（9.9% vs 0.0%），过去两年猫途鹰的营收复合增速更高（2.0% vs 0.1%）
赫氏是总部位于美国康涅狄格州斯坦福德的上市工业材料企业，专注于结构材料的研发与生产，由加州增强塑料公司、汽巴复合材料业务、赫克力士复合材料产品部门合并组建。其产品覆盖商用、军工、休闲等市场，广泛应用于军民飞机、航天运载火箭、卫星、风电叶片、运动器材等领域。
TripAdvisor是美国知名在线旅游服务企业，旗下运营在线旅行社平台、旅游产品比价网站及移动应用，平台拥有大量用户生成的真实旅行内容，为全球消费者提供出行规划、预订等多元服务。
HXL vs TRIP — 直观对比
营收规模更大
HXL
是对方的1.2倍
$411.0M
营收增速更快
HXL
高出9.9%
0.0%
净利率更高
HXL
高出16.7%
-9.2%
两年增速更快
TRIP
近两年复合增速
0.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $501.5M | $411.0M |
| 净利润 | $37.2M | $-38.0M |
| 毛利率 | 26.9% | 91.5% |
| 营业利润率 | 11.5% | -8.3% |
| 净利率 | 7.4% | -9.2% |
| 营收同比 | 9.9% | 0.0% |
| 净利润同比 | 29.6% | -3900.0% |
| 每股收益（稀释后） | $0.49 | $-0.32 |
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HXLTRIP
| Q1 26 | $501.5M | — | ||
| Q4 25 | $491.3M | $411.0M | ||
| Q3 25 | $456.2M | $553.0M | ||
| Q2 25 | $489.9M | $529.0M | ||
| Q1 25 | $456.5M | $398.0M | ||
| Q4 24 | $473.8M | $411.0M | ||
| Q3 24 | $456.5M | $532.0M | ||
| Q2 24 | $500.4M | $497.0M |
净利润HXLTRIP
| Q1 26 | $37.2M | — | ||
| Q4 25 | $46.4M | $-38.0M | ||
| Q3 25 | $20.6M | $53.0M | ||
| Q2 25 | $13.5M | $36.0M | ||
| Q1 25 | $28.9M | $-11.0M | ||
| Q4 24 | $5.8M | $1.0M | ||
| Q3 24 | $39.8M | $39.0M | ||
| Q2 24 | $50.0M | $24.0M |
毛利率HXLTRIP
| Q1 26 | 26.9% | — | ||
| Q4 25 | 24.6% | 91.5% | ||
| Q3 25 | 21.9% | 92.6% | ||
| Q2 25 | 22.8% | 92.1% | ||
| Q1 25 | 22.4% | 93.2% | ||
| Q4 24 | 25.0% | 93.4% | ||
| Q3 24 | 23.3% | 92.5% | ||
| Q2 24 | 25.3% | 92.8% |
营业利润率HXLTRIP
| Q1 26 | 11.5% | — | ||
| Q4 25 | 12.5% | -8.3% | ||
| Q3 25 | 7.9% | 12.7% | ||
| Q2 25 | 6.1% | 11.2% | ||
| Q1 25 | 9.7% | -3.8% | ||
| Q4 24 | 1.9% | 0.2% | ||
| Q3 24 | 11.5% | 13.2% | ||
| Q2 24 | 14.3% | 7.2% |
净利率HXLTRIP
| Q1 26 | 7.4% | — | ||
| Q4 25 | 9.4% | -9.2% | ||
| Q3 25 | 4.5% | 9.6% | ||
| Q2 25 | 2.8% | 6.8% | ||
| Q1 25 | 6.3% | -2.8% | ||
| Q4 24 | 1.2% | 0.2% | ||
| Q3 24 | 8.7% | 7.3% | ||
| Q2 24 | 10.0% | 4.8% |
每股收益（稀释后）HXLTRIP
| Q1 26 | $0.49 | — | ||
| Q4 25 | — | $-0.32 | ||
| Q3 25 | — | $0.43 | ||
| Q2 25 | — | $0.28 | ||
| Q1 25 | — | $-0.08 | ||
| Q4 24 | — | $0.03 | ||
| Q3 24 | — | $0.27 | ||
| Q2 24 | — | $0.17 |
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 | $54.1M | $1.0B |
| 总债务越低越好 | $998.1M | $819.0M |
| 股东权益账面价值 | $1.3B | $645.0M |
| 总资产 | $2.7B | $2.6B |
| 负债/权益比越低杠杆越低 | 0.79× | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资HXLTRIP
| Q1 26 | $54.1M | — | ||
| Q4 25 | $71.0M | $1.0B | ||
| Q3 25 | $90.5M | $1.2B | ||
| Q2 25 | $77.2M | $1.2B | ||
| Q1 25 | $89.2M | $1.2B | ||
| Q4 24 | $125.4M | $1.1B | ||
| Q3 24 | $98.2M | $1.1B | ||
| Q2 24 | $75.4M | $1.2B |
总债务HXLTRIP
| Q1 26 | $998.1M | — | ||
| Q4 25 | — | $819.0M | ||
| Q3 25 | — | $821.0M | ||
| Q2 25 | — | $822.0M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $831.0M | ||
| Q3 24 | — | $832.0M | ||
| Q2 24 | — | — |
股东权益HXLTRIP
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $645.0M | ||
| Q3 25 | $1.6B | $707.0M | ||
| Q2 25 | $1.6B | $627.0M | ||
| Q1 25 | $1.5B | $643.0M | ||
| Q4 24 | $1.5B | $943.0M | ||
| Q3 24 | $1.6B | $944.0M | ||
| Q2 24 | $1.6B | $857.0M |
总资产HXLTRIP
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $2.6B | ||
| Q3 25 | $2.8B | $2.8B | ||
| Q2 25 | $2.8B | $2.9B | ||
| Q1 25 | $2.8B | $2.8B | ||
| Q4 24 | $2.7B | $2.6B | ||
| Q3 24 | $2.9B | $2.7B | ||
| Q2 24 | $2.8B | $2.8B |
负债/权益比HXLTRIP
| Q1 26 | 0.79× | — | ||
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | 1.16× | ||
| Q2 25 | — | 1.31× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | — | 0.88× | ||
| Q3 24 | — | 0.88× | ||
| Q2 24 | — | — |
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 | — | $-103.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-122.0M |
| 自由现金流率自由现金流/营收 | — | -29.7% |
| 资本支出强度资本支出/营收 | 3.2% | 4.6% |
| 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 | — | $163.0M |
8季度趋势，按日历期对齐
经营现金流HXLTRIP
| Q1 26 | — | — | ||
| Q4 25 | $125.5M | $-103.0M | ||
| Q3 25 | $110.2M | $44.0M | ||
| Q2 25 | $23.3M | $202.0M | ||
| Q1 25 | $-28.5M | $102.0M | ||
| Q4 24 | $162.6M | $-3.0M | ||
| Q3 24 | $90.1M | $-43.0M | ||
| Q2 24 | $44.2M | $51.0M |
自由现金流HXLTRIP
| Q1 26 | — | — | ||
| Q4 25 | $107.3M | $-122.0M | ||
| Q3 25 | $96.5M | $25.0M | ||
| Q2 25 | $8.0M | $177.0M | ||
| Q1 25 | $-54.6M | $83.0M | ||
| Q4 24 | $144.0M | $-26.0M | ||
| Q3 24 | $73.3M | $-63.0M | ||
| Q2 24 | $21.3M | $36.0M |
自由现金流率HXLTRIP
| Q1 26 | — | — | ||
| Q4 25 | 21.8% | -29.7% | ||
| Q3 25 | 21.2% | 4.5% | ||
| Q2 25 | 1.6% | 33.5% | ||
| Q1 25 | -12.0% | 20.9% | ||
| Q4 24 | 30.4% | -6.3% | ||
| Q3 24 | 16.1% | -11.8% | ||
| Q2 24 | 4.3% | 7.2% |
资本支出强度HXLTRIP
| Q1 26 | 3.2% | — | ||
| Q4 25 | 3.7% | 4.6% | ||
| Q3 25 | 3.0% | 3.4% | ||
| Q2 25 | 3.1% | 4.7% | ||
| Q1 25 | 5.7% | 4.8% | ||
| Q4 24 | 3.9% | 5.6% | ||
| Q3 24 | 3.7% | 3.8% | ||
| Q2 24 | 4.6% | 3.0% |
现金转化率HXLTRIP
| Q1 26 | — | — | ||
| Q4 25 | 2.70× | — | ||
| Q3 25 | 5.35× | 0.83× | ||
| Q2 25 | 1.73× | 5.61× | ||
| Q1 25 | -0.99× | — | ||
| Q4 24 | 28.03× | -3.00× | ||
| Q3 24 | 2.26× | -1.10× | ||
| Q2 24 | 0.88× | 2.13× |
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
HXL
暂无分部数据
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |
