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Koppers Holdings Inc.（KOP）与TREX CO INC（TREX）财务数据对比。点击上方公司名可切换其他公司
Koppers Holdings Inc.的季度营收约是TREX CO INC的2.7倍（$432.7M vs $161.1M）。Koppers Holdings Inc.净利率更高（6.9% vs 1.4%，领先5.4%）。TREX CO INC同比增速更快（-3.9% vs -9.3%）。Koppers Holdings Inc.自由现金流更多（$28.5M vs $22.1M）。过去两年Koppers Holdings Inc.的营收复合增速更高（-6.7% vs -34.3%）
科佩斯控股是一家全球性化工与材料企业，总部位于美国宾夕法尼亚州匹兹堡，入驻建于1920年代的装饰艺术风格摩天大楼科佩斯大厦，在全球范围内开展相关业务经营。
Trex公司是木塑复合替代板材、住宅护栏及其他户外用品的制造商，产品采用回收材料生产，总部位于美国弗吉尼亚州温彻斯特，是户外家居建材领域的知名企业，主打环保耐用的户外搭建解决方案。
KOP vs TREX — 直观对比
营收规模更大
KOP
是对方的2.7倍
$161.1M
营收增速更快
TREX
高出5.4%
-9.3%
净利率更高
KOP
高出5.4%
1.4%
自由现金流更多
KOP
多$6.4M
$22.1M
两年增速更快
KOP
近两年复合增速
-34.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $432.7M | $161.1M |
| 净利润 | $29.7M | $2.3M |
| 毛利率 | 25.6% | 30.2% |
| 营业利润率 | 11.5% | 2.2% |
| 净利率 | 6.9% | 1.4% |
| 营收同比 | -9.3% | -3.9% |
| 净利润同比 | 391.2% | -76.4% |
| 每股收益（稀释后） | $1.44 | $0.03 |
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KOPTREX
| Q4 25 | $432.7M | $161.1M | ||
| Q3 25 | $485.3M | $285.3M | ||
| Q2 25 | $504.8M | $387.8M | ||
| Q1 25 | $456.5M | $340.0M | ||
| Q4 24 | $477.0M | $167.6M | ||
| Q3 24 | $554.3M | $233.7M | ||
| Q2 24 | $563.2M | $376.5M | ||
| Q1 24 | $497.6M | $373.6M |
净利润KOPTREX
| Q4 25 | $29.7M | $2.3M | ||
| Q3 25 | $23.8M | $51.8M | ||
| Q2 25 | $16.4M | $75.9M | ||
| Q1 25 | $-13.9M | $60.4M | ||
| Q4 24 | $-10.2M | $9.8M | ||
| Q3 24 | $22.8M | $40.6M | ||
| Q2 24 | $26.8M | $87.0M | ||
| Q1 24 | $13.0M | $89.1M |
毛利率KOPTREX
| Q4 25 | 25.6% | 30.2% | ||
| Q3 25 | 24.1% | 40.5% | ||
| Q2 25 | 22.6% | 40.8% | ||
| Q1 25 | 23.2% | 40.5% | ||
| Q4 24 | 17.5% | 32.7% | ||
| Q3 24 | 21.9% | 39.9% | ||
| Q2 24 | 21.6% | 44.7% | ||
| Q1 24 | 19.3% | 45.4% |
营业利润率KOPTREX
| Q4 25 | 11.5% | 2.2% | ||
| Q3 25 | 10.7% | 24.7% | ||
| Q2 25 | 7.7% | 26.4% | ||
| Q1 25 | 5.9% | 24.0% | ||
| Q4 24 | 1.3% | 9.2% | ||
| Q3 24 | 9.0% | 23.2% | ||
| Q2 24 | 10.2% | 31.1% | ||
| Q1 24 | 7.0% | 31.9% |
净利率KOPTREX
| Q4 25 | 6.9% | 1.4% | ||
| Q3 25 | 4.9% | 18.1% | ||
| Q2 25 | 3.2% | 19.6% | ||
| Q1 25 | -3.0% | 17.8% | ||
| Q4 24 | -2.1% | 5.8% | ||
| Q3 24 | 4.1% | 17.4% | ||
| Q2 24 | 4.8% | 23.1% | ||
| Q1 24 | 2.6% | 23.8% |
每股收益（稀释后）KOPTREX
| Q4 25 | $1.44 | $0.03 | ||
| Q3 25 | $1.17 | $0.48 | ||
| Q2 25 | $0.81 | $0.71 | ||
| Q1 25 | $-0.68 | $0.56 | ||
| Q4 24 | $-0.47 | $0.10 | ||
| Q3 24 | $1.09 | $0.37 | ||
| Q2 24 | $1.25 | $0.80 | ||
| Q1 24 | $0.59 | $0.82 |
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 | — | $3.8M |
| 总债务越低越好 | $928.3M | — |
| 股东权益账面价值 | $574.0M | $1.0B |
| 总资产 | $1.9B | $1.5B |
| 负债/权益比越低杠杆越低 | 1.62× | — |
8季度趋势，按日历期对齐
现金及短期投资KOPTREX
| Q4 25 | — | $3.8M | ||
| Q3 25 | — | $11.4M | ||
| Q2 25 | — | $5.5M | ||
| Q1 25 | — | $5.0M | ||
| Q4 24 | — | $1.3M | ||
| Q3 24 | — | $12.8M | ||
| Q2 24 | — | $1.2M | ||
| Q1 24 | — | $3.1M |
总债务KOPTREX
| Q4 25 | $928.3M | — | ||
| Q3 25 | $932.9M | — | ||
| Q2 25 | $977.5M | — | ||
| Q1 25 | $989.0M | — | ||
| Q4 24 | $939.5M | — | ||
| Q3 24 | $989.4M | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $877.6M | — |
股东权益KOPTREX
| Q4 25 | $574.0M | $1.0B | ||
| Q3 25 | $545.6M | $1.0B | ||
| Q2 25 | $526.8M | $989.3M | ||
| Q1 25 | $498.0M | $910.1M | ||
| Q4 24 | $488.7M | $850.1M | ||
| Q3 24 | $532.3M | $887.9M | ||
| Q2 24 | $509.2M | $894.9M | ||
| Q1 24 | $505.8M | $804.1M |
总资产KOPTREX
| Q4 25 | $1.9B | $1.5B | ||
| Q3 25 | $1.9B | $1.5B | ||
| Q2 25 | $1.9B | $1.5B | ||
| Q1 25 | $1.9B | $1.6B | ||
| Q4 24 | $1.9B | $1.3B | ||
| Q3 24 | $2.0B | $1.3B | ||
| Q2 24 | $1.9B | $1.3B | ||
| Q1 24 | $1.8B | $1.3B |
负债/权益比KOPTREX
| Q4 25 | 1.62× | — | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 1.86× | — | ||
| Q1 25 | 1.99× | — | ||
| Q4 24 | 1.92× | — | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 1.97× | — | ||
| Q1 24 | 1.74× | — |
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 | $45.1M | $65.5M |
| 自由现金流经营现金流 - 资本支出 | $28.5M | $22.1M |
| 自由现金流率自由现金流/营收 | 6.6% | 13.7% |
| 资本支出强度资本支出/营收 | 3.8% | 26.9% |
| 现金转化率经营现金流/净利润 | 1.52× | 28.45× |
| 过去12个月自由现金流最近4个季度 | $67.5M | $134.5M |
8季度趋势，按日历期对齐
经营现金流KOPTREX
| Q4 25 | $45.1M | $65.5M | ||
| Q3 25 | $49.6M | $196.9M | ||
| Q2 25 | $50.5M | $249.8M | ||
| Q1 25 | $-22.7M | $-154.0M | ||
| Q4 24 | $74.7M | $-8.5M | ||
| Q3 24 | $29.8M | $132.8M | ||
| Q2 24 | $27.2M | $193.7M | ||
| Q1 24 | $-12.3M | $-174.0M |
自由现金流KOPTREX
| Q4 25 | $28.5M | $22.1M | ||
| Q3 25 | $37.6M | $142.9M | ||
| Q2 25 | $38.4M | $203.0M | ||
| Q1 25 | $-37.0M | $-233.5M | ||
| Q4 24 | $56.1M | $-89.3M | ||
| Q3 24 | $14.4M | $54.5M | ||
| Q2 24 | $10.1M | $158.2M | ||
| Q1 24 | $-38.6M | $-211.8M |
自由现金流率KOPTREX
| Q4 25 | 6.6% | 13.7% | ||
| Q3 25 | 7.7% | 50.1% | ||
| Q2 25 | 7.6% | 52.3% | ||
| Q1 25 | -8.1% | -68.7% | ||
| Q4 24 | 11.8% | -53.3% | ||
| Q3 24 | 2.6% | 23.3% | ||
| Q2 24 | 1.8% | 42.0% | ||
| Q1 24 | -7.8% | -56.7% |
资本支出强度KOPTREX
| Q4 25 | 3.8% | 26.9% | ||
| Q3 25 | 2.5% | 18.9% | ||
| Q2 25 | 2.4% | 12.1% | ||
| Q1 25 | 3.1% | 23.4% | ||
| Q4 24 | 3.9% | 48.2% | ||
| Q3 24 | 2.8% | 33.5% | ||
| Q2 24 | 3.0% | 9.4% | ||
| Q1 24 | 5.3% | 10.1% |
现金转化率KOPTREX
| Q4 25 | 1.52× | 28.45× | ||
| Q3 25 | 2.08× | 3.80× | ||
| Q2 25 | 3.08× | 3.29× | ||
| Q1 25 | — | -2.55× | ||
| Q4 24 | — | -0.87× | ||
| Q3 24 | 1.31× | 3.27× | ||
| Q2 24 | 1.01× | 2.23× | ||
| Q1 24 | -0.95× | -1.95× |
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
KOP
| Other | $127.8M | 30% |
| Railroad Treated Products | $119.0M | 28% |
| Utility Poles | $79.8M | 18% |
| Pitch And Related Products | $74.1M | 17% |
| Carbon Black Feedstock And Distillates | $14.4M | 3% |
| Railroad Infrastructure Products And Services | $9.9M | 2% |
| Phthalic Anhydride Naphthalene And Other Chemicals | $7.7M | 2% |
TREX
暂无分部数据
