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宜瑞安（INGR）与Rivian Automotive, Inc.（RIVN）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Rivian Automotive, Inc.的1.4倍（$1.8B vs $1.3B），宜瑞安净利率更高（9.5% vs -63.1%，领先72.6%），宜瑞安同比增速更快（-2.4% vs -25.8%），宜瑞安自由现金流更多（$270.0M vs $-1.1B），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% 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。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
INGR vs RIVN — 直观对比
营收规模更大
INGR
是对方的1.4倍
$1.3B
营收增速更快
INGR
高出23.4%
-25.8%
净利率更高
INGR
高出72.6%
-63.1%
自由现金流更多
INGR
多$1.4B
$-1.1B
两年增速更快
RIVN
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.3B |
| 净利润 | $167.0M | $-811.0M |
| 毛利率 | 24.5% | 9.3% |
| 营业利润率 | 12.5% | -64.8% |
| 净利率 | 9.5% | -63.1% |
| 营收同比 | -2.4% | -25.8% |
| 净利润同比 | 72.2% | -9.0% |
| 每股收益（稀释后） | $2.58 | $-0.66 |
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INGRRIVN
| Q4 25 | $1.8B | $1.3B | ||
| Q3 25 | $1.8B | $1.6B | ||
| Q2 25 | $1.8B | $1.3B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | $1.8B | $1.7B | ||
| Q3 24 | $1.9B | $874.0M | ||
| Q2 24 | $1.9B | $1.2B | ||
| Q1 24 | $1.9B | $1.2B |
净利润INGRRIVN
| Q4 25 | $167.0M | $-811.0M | ||
| Q3 25 | $171.0M | $-1.2B | ||
| Q2 25 | $196.0M | $-1.1B | ||
| Q1 25 | $197.0M | $-545.0M | ||
| Q4 24 | $97.0M | $-744.0M | ||
| Q3 24 | $188.0M | $-1.1B | ||
| Q2 24 | $148.0M | $-1.5B | ||
| Q1 24 | $216.0M | $-1.4B |
毛利率INGRRIVN
| Q4 25 | 24.5% | 9.3% | ||
| Q3 25 | 25.1% | 1.5% | ||
| Q2 25 | 26.0% | -15.8% | ||
| Q1 25 | 25.7% | 16.6% | ||
| Q4 24 | 24.9% | 9.8% | ||
| Q3 24 | 25.6% | -44.9% | ||
| Q2 24 | 23.7% | -38.9% | ||
| Q1 24 | 22.2% | -43.8% |
营业利润率INGRRIVN
| Q4 25 | 12.5% | -64.8% | ||
| Q3 25 | 13.7% | -63.1% | ||
| Q2 25 | 14.8% | -85.5% | ||
| Q1 25 | 15.2% | -52.8% | ||
| Q4 24 | 9.0% | -38.1% | ||
| Q3 24 | 14.3% | -133.8% | ||
| Q2 24 | 12.8% | -118.7% | ||
| Q1 24 | 11.3% | -123.3% |
净利率INGRRIVN
| Q4 25 | 9.5% | -63.1% | ||
| Q3 25 | 9.4% | -75.3% | ||
| Q2 25 | 10.7% | -85.7% | ||
| Q1 25 | 10.9% | -44.0% | ||
| Q4 24 | 5.4% | -42.9% | ||
| Q3 24 | 10.1% | -125.9% | ||
| Q2 24 | 7.9% | -125.8% | ||
| Q1 24 | 11.5% | -120.1% |
每股收益（稀释后）INGRRIVN
| Q4 25 | $2.58 | $-0.66 | ||
| Q3 25 | $2.61 | $-0.96 | ||
| Q2 25 | $2.99 | $-0.97 | ||
| Q1 25 | $3.00 | $-0.48 | ||
| Q4 24 | $1.43 | $-0.67 | ||
| Q3 24 | $2.83 | $-1.08 | ||
| Q2 24 | $2.22 | $-1.46 | ||
| Q1 24 | $3.23 | $-1.48 |
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 | $6.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.3B | $4.6B |
| 总资产 | $7.9B | $14.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资INGRRIVN
| Q4 25 | $1.0B | $6.1B | ||
| Q3 25 | $915.0M | $7.1B | ||
| Q2 25 | $861.0M | $7.5B | ||
| Q1 25 | $837.0M | $7.2B | ||
| Q4 24 | $997.0M | $7.7B | ||
| Q3 24 | $877.0M | $6.7B | ||
| Q2 24 | $505.0M | $7.9B | ||
| Q1 24 | $438.0M | $7.9B |
总债务INGRRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $5.5B | ||
| Q1 24 | — | $4.4B |
股东权益INGRRIVN
| Q4 25 | $4.3B | $4.6B | ||
| Q3 25 | $4.2B | $5.1B | ||
| Q2 25 | $4.2B | $6.1B | ||
| Q1 25 | $4.0B | $6.2B | ||
| Q4 24 | $3.8B | $6.6B | ||
| Q3 24 | $4.0B | $5.9B | ||
| Q2 24 | $3.7B | $6.8B | ||
| Q1 24 | $3.7B | $8.1B |
总资产INGRRIVN
| Q4 25 | $7.9B | $14.9B | ||
| Q3 25 | $7.8B | $15.2B | ||
| Q2 25 | $7.8B | $15.6B | ||
| Q1 25 | $7.5B | $15.5B | ||
| Q4 24 | $7.4B | $15.4B | ||
| Q3 24 | $7.5B | $14.3B | ||
| Q2 24 | $7.2B | $15.4B | ||
| Q1 24 | $7.3B | $15.7B |
负债/权益比INGRRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 0.55× |
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 | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $270.0M | $-1.1B |
| 自由现金流率自由现金流/营收 | 15.4% | -89.0% |
| 资本支出强度资本支出/营收 | 7.7% | 36.0% |
| 现金转化率经营现金流/净利润 | 2.43× | — |
| 过去12个月自由现金流最近4个季度 | $511.0M | $-2.5B |
8季度趋势，按日历期对齐
经营现金流INGRRIVN
| Q4 25 | $405.0M | $-681.0M | ||
| Q3 25 | $277.0M | $26.0M | ||
| Q2 25 | $185.0M | $64.0M | ||
| Q1 25 | $77.0M | $-188.0M | ||
| Q4 24 | $436.0M | $1.2B | ||
| Q3 24 | $479.0M | $-876.0M | ||
| Q2 24 | $312.0M | $-754.0M | ||
| Q1 24 | $209.0M | $-1.3B |
自由现金流INGRRIVN
| Q4 25 | $270.0M | $-1.1B | ||
| Q3 25 | $172.0M | $-421.0M | ||
| Q2 25 | $84.0M | $-398.0M | ||
| Q1 25 | $-15.0M | $-526.0M | ||
| Q4 24 | $311.0M | $856.0M | ||
| Q3 24 | $429.0M | $-1.2B | ||
| Q2 24 | $257.0M | $-1.0B | ||
| Q1 24 | $144.0M | $-1.5B |
自由现金流率INGRRIVN
| Q4 25 | 15.4% | -89.0% | ||
| Q3 25 | 9.5% | -27.0% | ||
| Q2 25 | 4.6% | -30.5% | ||
| Q1 25 | -0.8% | -42.4% | ||
| Q4 24 | 17.3% | 49.4% | ||
| Q3 24 | 22.9% | -131.9% | ||
| Q2 24 | 13.7% | -89.6% | ||
| Q1 24 | 7.7% | -126.5% |
资本支出强度INGRRIVN
| Q4 25 | 7.7% | 36.0% | ||
| Q3 25 | 5.8% | 28.7% | ||
| Q2 25 | 5.5% | 35.5% | ||
| Q1 25 | 5.1% | 27.3% | ||
| Q4 24 | 6.9% | 18.9% | ||
| Q3 24 | 2.7% | 31.7% | ||
| Q2 24 | 2.9% | 24.4% | ||
| Q1 24 | 3.5% | 21.1% |
现金转化率INGRRIVN
| Q4 25 | 2.43× | — | ||
| Q3 25 | 1.62× | — | ||
| Q2 25 | 0.94× | — | ||
| Q1 25 | 0.39× | — | ||
| Q4 24 | 4.49× | — | ||
| Q3 24 | 2.55× | — | ||
| Q2 24 | 2.11× | — | ||
| Q1 24 | 0.97× | — |
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% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
