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国际香精香料（IFF）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
国际香精香料的季度营收约是罗致恒富的2.0倍（$2.6B vs $1.3B），罗致恒富同比增速更快（-5.8% vs -6.6%），罗致恒富自由现金流更多（$170.8M vs $130.0M），过去两年国际香精香料的营收复合增速更高（-5.5% vs -6.1%）
国际香精香料（IFF）是美国知名企业，业务覆盖风味、质感、香氛、营养、酶制剂、菌种、大豆蛋白、益生菌等多品类产品研发，产品行销全球。公司总部位于纽约，在44个国家设有创意、销售及生产基地，是标普500指数成分股企业。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
IFF vs RHI — 直观对比
营收规模更大
IFF
是对方的2.0倍
$1.3B
营收增速更快
RHI
高出0.8%
-6.6%
自由现金流更多
RHI
多$40.8M
$130.0M
两年增速更快
IFF
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $1.3B |
| 净利润 | $5.0M | — |
| 毛利率 | 34.4% | 37.6% |
| 营业利润率 | 3.7% | 1.7% |
| 净利率 | 0.2% | — |
| 营收同比 | -6.6% | -5.8% |
| 净利润同比 | 110.9% | — |
| 每股收益（稀释后） | $0.03 | $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IFFRHI
| Q4 25 | $2.6B | $1.3B | ||
| Q3 25 | $2.7B | $1.4B | ||
| Q2 25 | $2.8B | $1.4B | ||
| Q1 25 | $2.8B | $1.4B | ||
| Q4 24 | $2.8B | $1.4B | ||
| Q3 24 | $2.9B | $1.5B | ||
| Q2 24 | $2.9B | $1.5B | ||
| Q1 24 | $2.9B | $1.5B |
净利润IFFRHI
| Q4 25 | $5.0M | — | ||
| Q3 25 | $40.0M | $42.9M | ||
| Q2 25 | $612.0M | $41.0M | ||
| Q1 25 | $-1.0B | $17.4M | ||
| Q4 24 | $-46.0M | — | ||
| Q3 24 | $59.0M | $65.5M | ||
| Q2 24 | $170.0M | $68.2M | ||
| Q1 24 | $60.0M | $63.7M |
毛利率IFFRHI
| Q4 25 | 34.4% | 37.6% | ||
| Q3 25 | 36.5% | 37.2% | ||
| Q2 25 | 37.3% | 37.2% | ||
| Q1 25 | 36.4% | 36.9% | ||
| Q4 24 | 35.4% | 38.8% | ||
| Q3 24 | 36.0% | 39.0% | ||
| Q2 24 | 37.0% | 39.2% | ||
| Q1 24 | 35.3% | 38.1% |
营业利润率IFFRHI
| Q4 25 | 3.7% | 1.7% | ||
| Q3 25 | 8.4% | 1.0% | ||
| Q2 25 | 7.2% | 0.1% | ||
| Q1 25 | -31.8% | 2.9% | ||
| Q4 24 | 4.6% | 4.7% | ||
| Q3 24 | 8.5% | 4.1% | ||
| Q2 24 | 6.6% | 5.1% | ||
| Q1 24 | 6.9% | 2.8% |
净利率IFFRHI
| Q4 25 | 0.2% | — | ||
| Q3 25 | 1.5% | 3.2% | ||
| Q2 25 | 22.1% | 3.0% | ||
| Q1 25 | -35.8% | 1.3% | ||
| Q4 24 | -1.7% | — | ||
| Q3 24 | 2.0% | 4.5% | ||
| Q2 24 | 5.9% | 4.6% | ||
| Q1 24 | 2.1% | 4.3% |
每股收益（稀释后）IFFRHI
| Q4 25 | $0.03 | $0.32 | ||
| Q3 25 | $0.16 | $0.43 | ||
| Q2 25 | $2.38 | $0.41 | ||
| Q1 25 | $-3.98 | $0.17 | ||
| Q4 24 | $-0.17 | $0.53 | ||
| Q3 24 | $0.23 | $0.64 | ||
| Q2 24 | $0.66 | $0.66 | ||
| Q1 24 | $0.23 | $0.61 |
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 | $590.0M | $464.4M |
| 总债务越低越好 | $5.6B | — |
| 股东权益账面价值 | $14.2B | $1.3B |
| 总资产 | $25.5B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.40× | — |
8季度趋势，按日历期对齐
现金及短期投资IFFRHI
| Q4 25 | $590.0M | $464.4M | ||
| Q3 25 | $621.0M | $365.3M | ||
| Q2 25 | $816.0M | $380.5M | ||
| Q1 25 | $613.0M | $342.5M | ||
| Q4 24 | $469.0M | $537.6M | ||
| Q3 24 | $567.0M | $570.5M | ||
| Q2 24 | $671.0M | $547.4M | ||
| Q1 24 | $732.0M | $540.9M |
总债务IFFRHI
| Q4 25 | $5.6B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.9B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IFFRHI
| Q4 25 | $14.2B | $1.3B | ||
| Q3 25 | $14.2B | $1.3B | ||
| Q2 25 | $14.4B | $1.3B | ||
| Q1 25 | $13.2B | $1.3B | ||
| Q4 24 | $13.9B | $1.4B | ||
| Q3 24 | $14.8B | $1.5B | ||
| Q2 24 | $14.3B | $1.5B | ||
| Q1 24 | $14.3B | $1.5B |
总资产IFFRHI
| Q4 25 | $25.5B | $2.9B | ||
| Q3 25 | $25.8B | $2.8B | ||
| Q2 25 | $26.1B | $2.8B | ||
| Q1 25 | $28.3B | $2.7B | ||
| Q4 24 | $28.7B | $2.9B | ||
| Q3 24 | $29.9B | $3.0B | ||
| Q2 24 | $29.5B | $2.9B | ||
| Q1 24 | $30.6B | $2.9B |
负债/权益比IFFRHI
| Q4 25 | 0.40× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.64× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $318.0M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $130.0M | $170.8M |
| 自由现金流率自由现金流/营收 | 5.0% | 13.1% |
| 资本支出强度资本支出/营收 | 7.3% | 0.9% |
| 现金转化率经营现金流/净利润 | 63.60× | — |
| 过去12个月自由现金流最近4个季度 | $256.0M | $266.8M |
8季度趋势，按日历期对齐
经营现金流IFFRHI
| Q4 25 | $318.0M | $182.5M | ||
| Q3 25 | $164.0M | $77.4M | ||
| Q2 25 | $241.0M | $119.4M | ||
| Q1 25 | $127.0M | $-59.3M | ||
| Q4 24 | $368.0M | $154.8M | ||
| Q3 24 | $366.0M | $129.6M | ||
| Q2 24 | $237.0M | $142.0M | ||
| Q1 24 | $99.0M | $-15.9M |
自由现金流IFFRHI
| Q4 25 | $130.0M | $170.8M | ||
| Q3 25 | $32.0M | $63.6M | ||
| Q2 25 | $146.0M | $104.2M | ||
| Q1 25 | $-52.0M | $-71.7M | ||
| Q4 24 | $208.0M | $140.5M | ||
| Q3 24 | $263.0M | $111.8M | ||
| Q2 24 | $155.0M | $129.6M | ||
| Q1 24 | $-19.0M | $-27.7M |
自由现金流率IFFRHI
| Q4 25 | 5.0% | 13.1% | ||
| Q3 25 | 1.2% | 4.7% | ||
| Q2 25 | 5.3% | 7.6% | ||
| Q1 25 | -1.8% | -5.3% | ||
| Q4 24 | 7.5% | 10.2% | ||
| Q3 24 | 9.0% | 7.6% | ||
| Q2 24 | 5.4% | 8.8% | ||
| Q1 24 | -0.7% | -1.9% |
资本支出强度IFFRHI
| Q4 25 | 7.3% | 0.9% | ||
| Q3 25 | 4.9% | 1.0% | ||
| Q2 25 | 3.4% | 1.1% | ||
| Q1 25 | 6.3% | 0.9% | ||
| Q4 24 | 5.8% | 1.0% | ||
| Q3 24 | 3.5% | 1.2% | ||
| Q2 24 | 2.8% | 0.8% | ||
| Q1 24 | 4.1% | 0.8% |
现金转化率IFFRHI
| Q4 25 | 63.60× | — | ||
| Q3 25 | 4.10× | 1.80× | ||
| Q2 25 | 0.39× | 2.91× | ||
| Q1 25 | — | -3.42× | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.20× | 1.98× | ||
| Q2 24 | 1.39× | 2.08× | ||
| Q1 24 | 1.65× | -0.25× |
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
IFF
| Food Ingredients | $802.0M | 31% |
| Scent | $610.0M | 24% |
| Other | $589.0M | 23% |
| Taste | $588.0M | 23% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
