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宜瑞安（INGR）与先锋自然资源公司（PR）财务数据对比。点击上方公司名可切换其他公司
宜瑞安的季度营收约是先锋自然资源公司的1.5倍（$1.8B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs 9.5%，领先19.5%），宜瑞安同比增速更快（-2.4% vs -9.8%），过去两年先锋自然资源公司的营收复合增速更高（-3.0% vs -3.4%）
宜瑞安（Ingredion Inc.）是总部位于美国伊利诺伊州的食品饮料配料供应商，主打产品包括淀粉、非转基因甜味剂、甜菊糖、豌豆蛋白等，以玉米、木薯、马铃薯、谷物、果蔬等为原料，产品供应食品、饮料、酿造、制药等多个行业，在全球44个站点拥有约1.2万名员工，客户覆盖超120个国家。
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
INGR vs PR — 直观对比
营收规模更大
INGR
是对方的1.5倍
$1.2B
营收增速更快
INGR
高出7.4%
-9.8%
净利率更高
PR
高出19.5%
9.5%
两年增速更快
PR
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.2B |
| 净利润 | $167.0M | $339.5M |
| 毛利率 | 24.5% | — |
| 营业利润率 | 12.5% | 23.1% |
| 净利率 | 9.5% | 29.0% |
| 营收同比 | -2.4% | -9.8% |
| 净利润同比 | 72.2% | 56.7% |
| 每股收益（稀释后） | $2.58 | $0.48 |
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INGRPR
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.8B | $1.3B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.9B | $1.2B | ||
| Q2 24 | $1.9B | $1.2B | ||
| Q1 24 | $1.9B | $1.2B |
净利润INGRPR
| Q4 25 | $167.0M | $339.5M | ||
| Q3 25 | $171.0M | $59.2M | ||
| Q2 25 | $196.0M | $207.1M | ||
| Q1 25 | $197.0M | $329.3M | ||
| Q4 24 | $97.0M | $216.7M | ||
| Q3 24 | $188.0M | $386.4M | ||
| Q2 24 | $148.0M | $235.1M | ||
| Q1 24 | $216.0M | $146.6M |
毛利率INGRPR
| Q4 25 | 24.5% | — | ||
| Q3 25 | 25.1% | — | ||
| Q2 25 | 26.0% | — | ||
| Q1 25 | 25.7% | — | ||
| Q4 24 | 24.9% | — | ||
| Q3 24 | 25.6% | — | ||
| Q2 24 | 23.7% | — | ||
| Q1 24 | 22.2% | — |
营业利润率INGRPR
| Q4 25 | 12.5% | 23.1% | ||
| Q3 25 | 13.7% | 29.6% | ||
| Q2 25 | 14.8% | 24.8% | ||
| Q1 25 | 15.2% | 36.6% | ||
| Q4 24 | 9.0% | 32.8% | ||
| Q3 24 | 14.3% | 32.5% | ||
| Q2 24 | 12.8% | 36.5% | ||
| Q1 24 | 11.3% | 37.7% |
净利率INGRPR
| Q4 25 | 9.5% | 29.0% | ||
| Q3 25 | 9.4% | 4.5% | ||
| Q2 25 | 10.7% | 17.3% | ||
| Q1 25 | 10.9% | 23.9% | ||
| Q4 24 | 5.4% | 16.7% | ||
| Q3 24 | 10.1% | 31.8% | ||
| Q2 24 | 7.9% | 18.9% | ||
| Q1 24 | 11.5% | 11.8% |
每股收益（稀释后）INGRPR
| Q4 25 | $2.58 | $0.48 | ||
| Q3 25 | $2.61 | $0.08 | ||
| Q2 25 | $2.99 | $0.28 | ||
| Q1 25 | $3.00 | $0.44 | ||
| Q4 24 | $1.43 | $0.31 | ||
| Q3 24 | $2.83 | $0.53 | ||
| Q2 24 | $2.22 | $0.36 | ||
| Q1 24 | $3.23 | $0.25 |
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 | $1.0B | $153.7M |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $4.3B | $10.3B |
| 总资产 | $7.9B | $17.9B |
| 负债/权益比越低杠杆越低 | — | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资INGRPR
| Q4 25 | $1.0B | $153.7M | ||
| Q3 25 | $915.0M | $111.8M | ||
| Q2 25 | $861.0M | $451.0M | ||
| Q1 25 | $837.0M | $702.2M | ||
| Q4 24 | $997.0M | $479.3M | ||
| Q3 24 | $877.0M | $272.0M | ||
| Q2 24 | $505.0M | $47.8M | ||
| Q1 24 | $438.0M | $12.7M |
总债务INGRPR
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.9B |
股东权益INGRPR
| Q4 25 | $4.3B | $10.3B | ||
| Q3 25 | $4.2B | $10.0B | ||
| Q2 25 | $4.2B | $9.5B | ||
| Q1 25 | $4.0B | $9.4B | ||
| Q4 24 | $3.8B | $9.1B | ||
| Q3 24 | $4.0B | $9.0B | ||
| Q2 24 | $3.7B | $8.3B | ||
| Q1 24 | $3.7B | $7.0B |
总资产INGRPR
| Q4 25 | $7.9B | $17.9B | ||
| Q3 25 | $7.8B | $17.3B | ||
| Q2 25 | $7.8B | $17.5B | ||
| Q1 25 | $7.5B | $17.1B | ||
| Q4 24 | $7.4B | $16.9B | ||
| Q3 24 | $7.5B | $16.6B | ||
| Q2 24 | $7.2B | $15.4B | ||
| Q1 24 | $7.3B | $15.1B |
负债/权益比INGRPR
| Q4 25 | — | 0.34× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.46× | ||
| Q1 24 | — | 0.56× |
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 | $405.0M | $904.3M |
| 自由现金流经营现金流 - 资本支出 | $270.0M | — |
| 自由现金流率自由现金流/营收 | 15.4% | — |
| 资本支出强度资本支出/营收 | 7.7% | — |
| 现金转化率经营现金流/净利润 | 2.43× | 2.66× |
| 过去12个月自由现金流最近4个季度 | $511.0M | — |
8季度趋势，按日历期对齐
经营现金流INGRPR
| Q4 25 | $405.0M | $904.3M | ||
| Q3 25 | $277.0M | $766.5M | ||
| Q2 25 | $185.0M | $1.0B | ||
| Q1 25 | $77.0M | $898.0M | ||
| Q4 24 | $436.0M | $871.6M | ||
| Q3 24 | $479.0M | $954.4M | ||
| Q2 24 | $312.0M | $938.4M | ||
| Q1 24 | $209.0M | $647.6M |
自由现金流INGRPR
| Q4 25 | $270.0M | — | ||
| Q3 25 | $172.0M | — | ||
| Q2 25 | $84.0M | — | ||
| Q1 25 | $-15.0M | — | ||
| Q4 24 | $311.0M | — | ||
| Q3 24 | $429.0M | — | ||
| Q2 24 | $257.0M | — | ||
| Q1 24 | $144.0M | — |
自由现金流率INGRPR
| Q4 25 | 15.4% | — | ||
| Q3 25 | 9.5% | — | ||
| Q2 25 | 4.6% | — | ||
| Q1 25 | -0.8% | — | ||
| Q4 24 | 17.3% | — | ||
| Q3 24 | 22.9% | — | ||
| Q2 24 | 13.7% | — | ||
| Q1 24 | 7.7% | — |
资本支出强度INGRPR
| Q4 25 | 7.7% | — | ||
| Q3 25 | 5.8% | — | ||
| Q2 25 | 5.5% | — | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | 6.9% | — | ||
| Q3 24 | 2.7% | — | ||
| Q2 24 | 2.9% | — | ||
| Q1 24 | 3.5% | — |
现金转化率INGRPR
| Q4 25 | 2.43× | 2.66× | ||
| Q3 25 | 1.62× | 12.94× | ||
| Q2 25 | 0.94× | 5.01× | ||
| Q1 25 | 0.39× | 2.73× | ||
| Q4 24 | 4.49× | 4.02× | ||
| Q3 24 | 2.55× | 2.47× | ||
| Q2 24 | 2.11× | 3.99× | ||
| Q1 24 | 0.97× | 4.42× |
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
INGR
| Food And Industrial Ingredients LATAM Segment | $599.0M | 34% |
| Texture And Healthful Solutions Segment | $598.0M | 34% |
| Food And Industrial Ingredients U.S.Canada Segment | $486.0M | 28% |
| Other | $74.0M | 4% |
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
