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Ingevity Corp（NGVT）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
Ingevity Corp的季度营收约是通用动力的1.0倍（$185.4M vs $184.5M），通用动力净利率更高（7.0% vs -45.6%，领先52.6%），Ingevity Corp同比增速更快（36.7% vs 28.6%），通用动力自由现金流更多（$92.8M vs $73.5M），过去两年通用动力的营收复合增速更高（38.9% vs -26.2%）
Ingevity Corp是一家全球特种化学品与先进材料生产商，主营高性能碳材料、路面养护解决方案及特种化工产品，服务汽车排放控制、工业净化、道路基建、农业投入品等核心市场，业务覆盖北美、欧洲及亚太地区。
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
NGVT vs PLOW — 直观对比
营收规模更大
NGVT
是对方的1.0倍
$184.5M
营收增速更快
NGVT
高出8.2%
28.6%
净利率更高
PLOW
高出52.6%
-45.6%
自由现金流更多
PLOW
多$19.3M
$73.5M
两年增速更快
PLOW
近两年复合增速
-26.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $185.4M | $184.5M |
| 净利润 | $-84.6M | $12.8M |
| 毛利率 | 41.2% | 26.1% |
| 营业利润率 | -47.7% | 10.5% |
| 净利率 | -45.6% | 7.0% |
| 营收同比 | 36.7% | 28.6% |
| 净利润同比 | -609.6% | 62.3% |
| 每股收益（稀释后） | $-2.33 | $0.54 |
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NGVTPLOW
| Q4 25 | $185.4M | $184.5M | ||
| Q3 25 | $333.1M | $162.1M | ||
| Q2 25 | $365.1M | $194.3M | ||
| Q1 25 | $284.0M | $115.1M | ||
| Q4 24 | $135.6M | $143.5M | ||
| Q3 24 | $333.8M | $129.4M | ||
| Q2 24 | $390.6M | $199.9M | ||
| Q1 24 | $340.1M | $95.7M |
净利润NGVTPLOW
| Q4 25 | $-84.6M | $12.8M | ||
| Q3 25 | $43.5M | $8.0M | ||
| Q2 25 | $-146.5M | $26.0M | ||
| Q1 25 | $20.5M | $148.0K | ||
| Q4 24 | $16.6M | $7.9M | ||
| Q3 24 | $-107.2M | $32.3M | ||
| Q2 24 | $-283.7M | $24.3M | ||
| Q1 24 | $-56.0M | $-8.4M |
毛利率NGVTPLOW
| Q4 25 | 41.2% | 26.1% | ||
| Q3 25 | 40.2% | 23.5% | ||
| Q2 25 | 37.8% | 31.0% | ||
| Q1 25 | 39.9% | 24.5% | ||
| Q4 24 | 81.3% | 24.9% | ||
| Q3 24 | 39.4% | 23.9% | ||
| Q2 24 | 31.5% | 30.7% | ||
| Q1 24 | 29.3% | 19.8% |
营业利润率NGVTPLOW
| Q4 25 | -47.7% | 10.5% | ||
| Q3 25 | 18.7% | 8.7% | ||
| Q2 25 | -39.1% | 19.0% | ||
| Q1 25 | 9.4% | 2.8% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | 33.0% | 35.4% | ||
| Q2 24 | 25.9% | 18.2% | ||
| Q1 24 | 22.6% | -6.7% |
净利率NGVTPLOW
| Q4 25 | -45.6% | 7.0% | ||
| Q3 25 | 13.1% | 4.9% | ||
| Q2 25 | -40.1% | 13.4% | ||
| Q1 25 | 7.2% | 0.1% | ||
| Q4 24 | 12.2% | 5.5% | ||
| Q3 24 | -32.1% | 24.9% | ||
| Q2 24 | -72.6% | 12.2% | ||
| Q1 24 | -16.5% | -8.7% |
每股收益（稀释后）NGVTPLOW
| Q4 25 | $-2.33 | $0.54 | ||
| Q3 25 | $1.18 | $0.33 | ||
| Q2 25 | $-4.02 | $1.09 | ||
| Q1 25 | $0.56 | $0.00 | ||
| Q4 24 | $0.44 | $0.35 | ||
| Q3 24 | $-2.94 | $1.36 | ||
| Q2 24 | $-7.81 | $1.02 | ||
| Q1 24 | $-1.54 | $-0.37 |
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 | $78.1M | — |
| 总债务越低越好 | $1.2B | $144.0M |
| 股东权益账面价值 | $29.7M | $281.4M |
| 总资产 | $1.7B | $626.7M |
| 负债/权益比越低杠杆越低 | 39.10× | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资NGVTPLOW
| Q4 25 | $78.1M | — | ||
| Q3 25 | $83.4M | — | ||
| Q2 25 | $76.9M | — | ||
| Q1 25 | $71.5M | — | ||
| Q4 24 | $68.0M | — | ||
| Q3 24 | $135.5M | — | ||
| Q2 24 | $107.4M | — | ||
| Q1 24 | $88.5M | — |
总债务NGVTPLOW
| Q4 25 | $1.2B | $144.0M | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | $147.5M | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
股东权益NGVTPLOW
| Q4 25 | $29.7M | $281.4M | ||
| Q3 25 | $138.1M | $275.3M | ||
| Q2 25 | $120.7M | $273.3M | ||
| Q1 25 | $234.6M | $258.9M | ||
| Q4 24 | $195.2M | $264.2M | ||
| Q3 24 | $214.5M | $260.8M | ||
| Q2 24 | $284.8M | $236.7M | ||
| Q1 24 | $568.2M | $217.2M |
总资产NGVTPLOW
| Q4 25 | $1.7B | $626.7M | ||
| Q3 25 | $1.8B | $694.9M | ||
| Q2 25 | $1.9B | $671.5M | ||
| Q1 25 | $2.1B | $621.0M | ||
| Q4 24 | $2.0B | $590.0M | ||
| Q3 24 | $2.2B | $665.6M | ||
| Q2 24 | $2.3B | $617.0M | ||
| Q1 24 | $2.6B | $577.1M |
负债/权益比NGVTPLOW
| Q4 25 | 39.10× | 0.51× | ||
| Q3 25 | 8.39× | — | ||
| Q2 25 | 10.24× | — | ||
| Q1 25 | 5.68× | — | ||
| Q4 24 | 6.86× | 0.56× | ||
| Q3 24 | 6.52× | — | ||
| Q2 24 | 4.92× | — | ||
| Q1 24 | 2.48× | — |
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 | $97.1M | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $73.5M | $92.8M |
| 自由现金流率自由现金流/营收 | 39.6% | 50.3% |
| 资本支出强度资本支出/营收 | 12.7% | 1.7% |
| 现金转化率经营现金流/净利润 | — | 7.47× |
| 过去12个月自由现金流最近4个季度 | $273.5M | $63.6M |
8季度趋势，按日历期对齐
经营现金流NGVTPLOW
| Q4 25 | $97.1M | $95.9M | ||
| Q3 25 | $129.7M | $-8.5M | ||
| Q2 25 | $79.0M | $-11.4M | ||
| Q1 25 | $25.4M | $-1.3M | ||
| Q4 24 | $64.5M | $74.4M | ||
| Q3 24 | $46.5M | $-14.2M | ||
| Q2 24 | $29.7M | $2.5M | ||
| Q1 24 | $-12.1M | $-21.6M |
自由现金流NGVTPLOW
| Q4 25 | $73.5M | $92.8M | ||
| Q3 25 | $117.8M | $-11.4M | ||
| Q2 25 | $66.8M | $-14.3M | ||
| Q1 25 | $15.4M | $-3.5M | ||
| Q4 24 | $39.6M | $70.2M | ||
| Q3 24 | $28.5M | $-15.2M | ||
| Q2 24 | $11.6M | $836.0K | ||
| Q1 24 | $-28.7M | $-22.4M |
自由现金流率NGVTPLOW
| Q4 25 | 39.6% | 50.3% | ||
| Q3 25 | 35.4% | -7.1% | ||
| Q2 25 | 18.3% | -7.4% | ||
| Q1 25 | 5.4% | -3.0% | ||
| Q4 24 | 29.2% | 48.9% | ||
| Q3 24 | 8.5% | -11.8% | ||
| Q2 24 | 3.0% | 0.4% | ||
| Q1 24 | -8.4% | -23.4% |
资本支出强度NGVTPLOW
| Q4 25 | 12.7% | 1.7% | ||
| Q3 25 | 3.6% | 1.8% | ||
| Q2 25 | 3.3% | 1.5% | ||
| Q1 25 | 3.5% | 1.9% | ||
| Q4 24 | 18.4% | 2.9% | ||
| Q3 24 | 5.4% | 0.8% | ||
| Q2 24 | 4.6% | 0.8% | ||
| Q1 24 | 4.9% | 0.8% |
现金转化率NGVTPLOW
| Q4 25 | — | 7.47× | ||
| Q3 25 | 2.98× | -1.07× | ||
| Q2 25 | — | -0.44× | ||
| Q1 25 | 1.24× | -9.03× | ||
| Q4 24 | 3.89× | 9.41× | ||
| Q3 24 | — | -0.44× | ||
| Q2 24 | — | 0.10× | ||
| Q1 24 | — | — |
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
NGVT
| Performance Materials | $151.2M | 82% |
| Advanced Polymer Technologies Segment | $36.5M | 20% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
