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NEWMARKET CORP（NEU）与西湖化学（WLK）财务数据对比。点击上方公司名可切换其他公司
西湖化学的季度营收约是NEWMARKET CORP的3.8倍（$2.5B vs $669.7M）。NEWMARKET CORP净利率更高（17.6% vs -21.5%，领先39.1%）。NEWMARKET CORP同比增速更快（-4.5% vs -10.9%）。过去两年NEWMARKET CORP的营收复合增速更高（-2.9% vs -7.7%）
Newmarket Corporation是美国上市企业，主营业务服务于石油添加剂行业，总部位于弗吉尼亚州里士满，业务布局覆盖北美、拉美、欧洲、中东及亚太地区，其前身为1887年成立的阿尔伯马尔造纸制造公司。
西湖化学是国际知名的石化产品、聚合物及装配式建筑产品生产商与供应商，产品广泛应用于各类消费及工业市场。公司1986年由赵廷箴创立，是美国最大的低密度聚乙烯生产商，位列福布斯全球2000强，业务分为烯烃和乙烯基两大板块，具备乙烯基产品下游一体化生产能力。
NEU vs WLK — 直观对比
营收规模更大
WLK
是对方的3.8倍
$669.7M
营收增速更快
NEU
高出6.4%
-10.9%
净利率更高
NEU
高出39.1%
-21.5%
两年增速更快
NEU
近两年复合增速
-7.7%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $669.7M | $2.5B |
| 净利润 | $118.1M | $-544.0M |
| 毛利率 | 33.0% | 3.4% |
| 营业利润率 | 21.4% | -26.5% |
| 净利率 | 17.6% | -21.5% |
| 营收同比 | -4.5% | -10.9% |
| 净利润同比 | -6.3% | -7871.4% |
| 每股收益（稀释后） | $12.62 | $-4.22 |
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NEUWLK
| Q1 26 | $669.7M | — | ||
| Q4 25 | $635.4M | $2.5B | ||
| Q3 25 | $690.3M | $2.8B | ||
| Q2 25 | $698.5M | $3.0B | ||
| Q1 25 | $700.9M | $2.8B | ||
| Q4 24 | $654.6M | $2.8B | ||
| Q3 24 | $724.9M | $3.1B | ||
| Q2 24 | $710.2M | $3.2B |
净利润NEUWLK
| Q1 26 | $118.1M | — | ||
| Q4 25 | $81.3M | $-544.0M | ||
| Q3 25 | $100.3M | $-782.0M | ||
| Q2 25 | $111.2M | $-142.0M | ||
| Q1 25 | $125.9M | $-40.0M | ||
| Q4 24 | $110.7M | $7.0M | ||
| Q3 24 | $132.3M | $108.0M | ||
| Q2 24 | $111.6M | $313.0M |
毛利率NEUWLK
| Q1 26 | 33.0% | — | ||
| Q4 25 | 30.0% | 3.4% | ||
| Q3 25 | 30.4% | 8.3% | ||
| Q2 25 | 31.6% | 8.7% | ||
| Q1 25 | 33.7% | 8.2% | ||
| Q4 24 | 31.7% | 11.5% | ||
| Q3 24 | 33.6% | 16.0% | ||
| Q2 24 | 30.8% | 20.7% |
营业利润率NEUWLK
| Q1 26 | 21.4% | — | ||
| Q4 25 | 17.3% | -26.5% | ||
| Q3 25 | 18.9% | -27.0% | ||
| Q2 25 | 20.5% | -3.7% | ||
| Q1 25 | 22.8% | -1.1% | ||
| Q4 24 | 20.3% | 2.3% | ||
| Q3 24 | 23.4% | 5.8% | ||
| Q2 24 | 20.7% | 12.7% |
净利率NEUWLK
| Q1 26 | 17.6% | — | ||
| Q4 25 | 12.8% | -21.5% | ||
| Q3 25 | 14.5% | -27.6% | ||
| Q2 25 | 15.9% | -4.8% | ||
| Q1 25 | 18.0% | -1.4% | ||
| Q4 24 | 16.9% | 0.2% | ||
| Q3 24 | 18.3% | 3.5% | ||
| Q2 24 | 15.7% | 9.8% |
每股收益（稀释后）NEUWLK
| Q1 26 | $12.62 | — | ||
| Q4 25 | $8.67 | $-4.22 | ||
| Q3 25 | $10.67 | $-6.06 | ||
| Q2 25 | $11.84 | $-1.11 | ||
| Q1 25 | $13.26 | $-0.31 | ||
| Q4 24 | $11.57 | $0.07 | ||
| Q3 24 | $13.79 | $0.83 | ||
| Q2 24 | $11.63 | $2.40 |
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 | $73.2M | $2.7B |
| 总债务越低越好 | $939.6M | $5.6B |
| 股东权益账面价值 | $1.7B | $8.8B |
| 总资产 | $3.5B | $20.0B |
| 负债/权益比越低杠杆越低 | 0.54× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资NEUWLK
| Q1 26 | $73.2M | — | ||
| Q4 25 | $77.6M | $2.7B | ||
| Q3 25 | $102.5M | $1.9B | ||
| Q2 25 | $70.3M | $2.1B | ||
| Q1 25 | $118.3M | $2.3B | ||
| Q4 24 | $77.5M | $2.9B | ||
| Q3 24 | $80.3M | $2.9B | ||
| Q2 24 | $87.6M | $3.0B |
总债务NEUWLK
| Q1 26 | $939.6M | — | ||
| Q4 25 | $883.4M | $5.6B | ||
| Q3 25 | $783.1M | $4.7B | ||
| Q2 25 | $841.8M | $4.7B | ||
| Q1 25 | $990.6M | $4.6B | ||
| Q4 24 | $971.3M | $4.6B | ||
| Q3 24 | $1.1B | $4.6B | ||
| Q2 24 | $1.2B | $4.9B |
股东权益NEUWLK
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.8B | $8.8B | ||
| Q3 25 | $1.7B | $9.4B | ||
| Q2 25 | $1.6B | $10.3B | ||
| Q1 25 | $1.5B | $10.4B | ||
| Q4 24 | $1.5B | $10.5B | ||
| Q3 24 | $1.4B | $10.7B | ||
| Q2 24 | $1.2B | $10.6B |
总资产NEUWLK
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $20.0B | ||
| Q3 25 | $3.2B | $19.8B | ||
| Q2 25 | $3.2B | $20.8B | ||
| Q1 25 | $3.2B | $20.7B | ||
| Q4 24 | $3.1B | $20.8B | ||
| Q3 24 | $3.2B | $21.1B | ||
| Q2 24 | $3.2B | $21.1B |
负债/权益比NEUWLK
| Q1 26 | 0.54× | — | ||
| Q4 25 | 0.50× | 0.64× | ||
| Q3 25 | 0.46× | 0.49× | ||
| Q2 25 | 0.52× | 0.45× | ||
| Q1 25 | 0.65× | 0.44× | ||
| Q4 24 | 0.66× | 0.43× | ||
| Q3 24 | 0.80× | 0.43× | ||
| Q2 24 | 0.95× | 0.46× |
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 | — | $225.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-16.0M |
| 自由现金流率自由现金流/营收 | — | -0.6% |
| 资本支出强度资本支出/营收 | 3.6% | 9.5% |
| 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 | — | $-530.0M |
8季度趋势，按日历期对齐
经营现金流NEUWLK
| Q1 26 | — | — | ||
| Q4 25 | $145.2M | $225.0M | ||
| Q3 25 | $142.4M | $182.0M | ||
| Q2 25 | $161.1M | $135.0M | ||
| Q1 25 | $120.3M | $-77.0M | ||
| Q4 24 | $185.2M | $434.0M | ||
| Q3 24 | $116.6M | $474.0M | ||
| Q2 24 | $115.0M | $237.0M |
自由现金流NEUWLK
| Q1 26 | — | — | ||
| Q4 25 | $117.2M | $-16.0M | ||
| Q3 25 | $122.1M | $-57.0M | ||
| Q2 25 | $144.8M | $-132.0M | ||
| Q1 25 | $107.3M | $-325.0M | ||
| Q4 24 | $170.6M | $149.0M | ||
| Q3 24 | $102.4M | $254.0M | ||
| Q2 24 | $100.0M | $6.0M |
自由现金流率NEUWLK
| Q1 26 | — | — | ||
| Q4 25 | 18.4% | -0.6% | ||
| Q3 25 | 17.7% | -2.0% | ||
| Q2 25 | 20.7% | -4.5% | ||
| Q1 25 | 15.3% | -11.4% | ||
| Q4 24 | 26.1% | 5.2% | ||
| Q3 24 | 14.1% | 8.1% | ||
| Q2 24 | 14.1% | 0.2% |
资本支出强度NEUWLK
| Q1 26 | 3.6% | — | ||
| Q4 25 | 4.4% | 9.5% | ||
| Q3 25 | 2.9% | 8.4% | ||
| Q2 25 | 2.3% | 9.0% | ||
| Q1 25 | 1.9% | 8.7% | ||
| Q4 24 | 2.2% | 10.0% | ||
| Q3 24 | 2.0% | 7.1% | ||
| Q2 24 | 2.1% | 7.2% |
现金转化率NEUWLK
| Q1 26 | — | — | ||
| Q4 25 | 1.79× | — | ||
| Q3 25 | 1.42× | — | ||
| Q2 25 | 1.45× | — | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 1.67× | 62.00× | ||
| Q3 24 | 0.88× | 4.39× | ||
| Q2 24 | 1.03× | 0.76× |
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
NEU
暂无分部数据
WLK
| Performance Materials | $930.0M | 37% |
| Housing Products | $767.0M | 30% |
| Essential Materials | $702.0M | 28% |
| Infrastructure Products | $134.0M | 5% |
