vs
ICHOR HOLDINGS, LTD.（ICHR）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是ICHOR HOLDINGS, LTD.的1.0倍（$225.0M vs $223.6M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs -4.2%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $5.9M），过去两年ICHOR HOLDINGS, LTD.的营收复合增速更高（5.4% vs -12.3%）
Ichor Holdings Ltd.是面向全球半导体制造领域的关键流体输送系统、子系统及相关组件的设计、制造供应商，产品集成于晶圆前端加工设备，为北美、东亚、欧洲的领先半导体设备与芯片厂商提供先进逻辑、存储芯片生产配套支持。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
ICHR vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.0倍
$223.6M
营收增速更快
ROCK
高出29.1%
-4.2%
自由现金流更多
ROCK
多$20.3M
$5.9M
两年增速更快
ICHR
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $223.6M | $225.0M |
| 净利润 | $-16.0M | — |
| 毛利率 | 9.4% | 25.3% |
| 营业利润率 | -6.2% | 7.9% |
| 净利率 | -7.1% | — |
| 营收同比 | -4.2% | 24.9% |
| 净利润同比 | -304.8% | — |
| 每股收益（稀释后） | $-0.46 | — |
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ICHRROCK
| Q4 25 | $223.6M | $225.0M | ||
| Q3 25 | $239.3M | $310.9M | ||
| Q2 25 | $240.3M | $309.5M | ||
| Q1 25 | $244.5M | $290.0M | ||
| Q4 24 | $233.3M | $180.1M | ||
| Q3 24 | $211.1M | $277.1M | ||
| Q2 24 | $203.2M | $273.6M | ||
| Q1 24 | $201.4M | $292.5M |
净利润ICHRROCK
| Q4 25 | $-16.0M | — | ||
| Q3 25 | $-22.9M | $-89.1M | ||
| Q2 25 | $-9.4M | $26.0M | ||
| Q1 25 | $-4.6M | $21.1M | ||
| Q4 24 | $-3.9M | — | ||
| Q3 24 | $-2.8M | $34.0M | ||
| Q2 24 | $-5.1M | $32.2M | ||
| Q1 24 | $-9.0M | $24.9M |
毛利率ICHRROCK
| Q4 25 | 9.4% | 25.3% | ||
| Q3 25 | 4.6% | 26.6% | ||
| Q2 25 | 11.3% | 28.4% | ||
| Q1 25 | 11.7% | 26.8% | ||
| Q4 24 | 11.6% | 29.0% | ||
| Q3 24 | 13.2% | 29.4% | ||
| Q2 24 | 12.6% | 30.5% | ||
| Q1 24 | 11.4% | 28.9% |
营业利润率ICHRROCK
| Q4 25 | -6.2% | 7.9% | ||
| Q3 25 | -8.1% | 12.8% | ||
| Q2 25 | -2.0% | 12.8% | ||
| Q1 25 | -0.5% | 8.8% | ||
| Q4 24 | -0.5% | 13.3% | ||
| Q3 24 | -0.2% | 15.6% | ||
| Q2 24 | -1.1% | 14.9% | ||
| Q1 24 | -1.9% | 10.8% |
净利率ICHRROCK
| Q4 25 | -7.1% | — | ||
| Q3 25 | -9.6% | -28.6% | ||
| Q2 25 | -3.9% | 8.4% | ||
| Q1 25 | -1.9% | 7.3% | ||
| Q4 24 | -1.7% | — | ||
| Q3 24 | -1.3% | 12.3% | ||
| Q2 24 | -2.5% | 11.8% | ||
| Q1 24 | -4.5% | 8.5% |
每股收益（稀释后）ICHRROCK
| Q4 25 | $-0.46 | — | ||
| Q3 25 | $-0.67 | $-2.98 | ||
| Q2 25 | $-0.28 | $0.87 | ||
| Q1 25 | $-0.13 | — | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $-0.08 | $1.11 | ||
| Q2 24 | $-0.15 | $1.05 | ||
| Q1 24 | $-0.30 | — |
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 | $98.3M | $115.7M |
| 总债务越低越好 | $123.5M | $0 |
| 股东权益账面价值 | $663.9M | $950.4M |
| 总资产 | $942.9M | $1.4B |
| 负债/权益比越低杠杆越低 | 0.19× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ICHRROCK
| Q4 25 | $98.3M | $115.7M | ||
| Q3 25 | $92.5M | $89.4M | ||
| Q2 25 | $92.2M | $43.3M | ||
| Q1 25 | $109.3M | $25.1M | ||
| Q4 24 | $108.7M | $269.5M | ||
| Q3 24 | $116.4M | $228.9M | ||
| Q2 24 | $114.3M | $179.1M | ||
| Q1 24 | $102.1M | $146.7M |
总债务ICHRROCK
| Q4 25 | $123.5M | $0 | ||
| Q3 25 | $123.5M | $0 | ||
| Q2 25 | $125.0M | $0 | ||
| Q1 25 | $126.8M | $0 | ||
| Q4 24 | $128.5M | $0 | ||
| Q3 24 | $130.3M | $0 | ||
| Q2 24 | $130.2M | $0 | ||
| Q1 24 | $131.9M | $0 |
股东权益ICHRROCK
| Q4 25 | $663.9M | $950.4M | ||
| Q3 25 | $676.2M | $951.8M | ||
| Q2 25 | $694.1M | $1.0B | ||
| Q1 25 | $700.4M | $1.0B | ||
| Q4 24 | $698.3M | $1.0B | ||
| Q3 24 | $697.3M | $1.0B | ||
| Q2 24 | $694.9M | $975.7M | ||
| Q1 24 | $697.2M | $940.2M |
总资产ICHRROCK
| Q4 25 | $942.9M | $1.4B | ||
| Q3 25 | $966.6M | $1.4B | ||
| Q2 25 | $985.1M | $1.5B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $995.6M | $1.4B | ||
| Q3 24 | $975.9M | $1.4B | ||
| Q2 24 | $947.7M | $1.4B | ||
| Q1 24 | $957.4M | $1.3B |
负债/权益比ICHRROCK
| Q4 25 | 0.19× | 0.00× | ||
| Q3 25 | 0.18× | 0.00× | ||
| Q2 25 | 0.18× | 0.00× | ||
| Q1 25 | 0.18× | 0.00× | ||
| Q4 24 | 0.18× | 0.00× | ||
| Q3 24 | 0.19× | 0.00× | ||
| Q2 24 | 0.19× | 0.00× | ||
| Q1 24 | 0.19× | 0.00× |
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 | $9.2M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $5.9M | $26.2M |
| 自由现金流率自由现金流/营收 | 2.6% | 11.7% |
| 资本支出强度资本支出/营收 | 1.5% | 4.1% |
| 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 | $-6.3M | $120.6M |
8季度趋势，按日历期对齐
经营现金流ICHRROCK
| Q4 25 | $9.2M | $35.5M | ||
| Q3 25 | $9.2M | $73.0M | ||
| Q2 25 | $-7.5M | $44.9M | ||
| Q1 25 | $19.0M | $13.7M | ||
| Q4 24 | $-2.5M | $19.9M | ||
| Q3 24 | $8.1M | $64.7M | ||
| Q2 24 | $17.5M | $36.5M | ||
| Q1 24 | $4.8M | $53.2M |
自由现金流ICHRROCK
| Q4 25 | $5.9M | $26.2M | ||
| Q3 25 | $2.1M | $64.8M | ||
| Q2 25 | $-14.8M | $27.3M | ||
| Q1 25 | $496.0K | $2.3M | ||
| Q4 24 | $-6.9M | $14.1M | ||
| Q3 24 | $2.2M | $60.5M | ||
| Q2 24 | $14.6M | $33.5M | ||
| Q1 24 | $314.0K | $48.8M |
自由现金流率ICHRROCK
| Q4 25 | 2.6% | 11.7% | ||
| Q3 25 | 0.9% | 20.8% | ||
| Q2 25 | -6.2% | 8.8% | ||
| Q1 25 | 0.2% | 0.8% | ||
| Q4 24 | -3.0% | 7.8% | ||
| Q3 24 | 1.0% | 21.8% | ||
| Q2 24 | 7.2% | 12.2% | ||
| Q1 24 | 0.2% | 16.7% |
资本支出强度ICHRROCK
| Q4 25 | 1.5% | 4.1% | ||
| Q3 25 | 3.0% | 2.6% | ||
| Q2 25 | 3.0% | 5.7% | ||
| Q1 25 | 7.6% | 3.9% | ||
| Q4 24 | 1.9% | 3.3% | ||
| Q3 24 | 2.8% | 1.5% | ||
| Q2 24 | 1.4% | 1.1% | ||
| Q1 24 | 2.2% | 1.5% |
现金转化率ICHRROCK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 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
ICHR
| Other | $101.6M | 45% |
| US | $67.4M | 30% |
| Other Countries | $29.7M | 13% |
| Europe | $24.9M | 11% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
