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Ingevity Corp（NGVT）与FreightCar America, Inc.（RAIL）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FreightCar America, Inc.的1.5倍（$185.4M vs $125.5M），FreightCar America, Inc.净利率更高（-13.2% vs -45.6%，领先32.4%），Ingevity Corp同比增速更快（36.7% vs -8.8%），Ingevity Corp自由现金流更多（$73.5M vs $8.8M），过去两年FreightCar America, Inc.的营收复合增速更高（-11.7% 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。
货运车美国公司是铁路行业货运车厢制造商，全球约有2000名雇员，核心生产基地设在墨西哥卡斯塔诺斯，厂区面积达70万平方英尺。此外，公司总部设于芝加哥，在宾夕法尼亚州约翰斯顿设有工程与零部件厂区，主要为铁路领域提供专业货运车厢产品。
NGVT vs RAIL — 直观对比
营收规模更大
NGVT
是对方的1.5倍
$125.5M
营收增速更快
NGVT
高出45.6%
-8.8%
净利率更高
RAIL
高出32.4%
-45.6%
自由现金流更多
NGVT
多$64.7M
$8.8M
两年增速更快
RAIL
近两年复合增速
-26.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $185.4M | $125.5M |
| 净利润 | $-84.6M | $-16.6M |
| 毛利率 | 41.2% | 13.4% |
| 营业利润率 | -47.7% | 6.2% |
| 净利率 | -45.6% | -13.2% |
| 营收同比 | 36.7% | -8.8% |
| 净利润同比 | -609.6% | -147.9% |
| 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NGVTRAIL
| Q4 25 | $185.4M | $125.5M | ||
| Q3 25 | $333.1M | $160.4M | ||
| Q2 25 | $365.1M | $118.5M | ||
| Q1 25 | $284.0M | $96.2M | ||
| Q4 24 | $135.6M | $137.6M | ||
| Q3 24 | $333.8M | $113.2M | ||
| Q2 24 | $390.6M | $146.0M | ||
| Q1 24 | $340.1M | $160.9M |
净利润NGVTRAIL
| Q4 25 | $-84.6M | $-16.6M | ||
| Q3 25 | $43.5M | $-7.4M | ||
| Q2 25 | $-146.5M | $11.7M | ||
| Q1 25 | $20.5M | $50.4M | ||
| Q4 24 | $16.6M | $34.6M | ||
| Q3 24 | $-107.2M | $-107.0M | ||
| Q2 24 | $-283.7M | $8.2M | ||
| Q1 24 | $-56.0M | $-11.6M |
毛利率NGVTRAIL
| Q4 25 | 41.2% | 13.4% | ||
| Q3 25 | 40.2% | 15.1% | ||
| Q2 25 | 37.8% | 15.0% | ||
| Q1 25 | 39.9% | 15.0% | ||
| Q4 24 | 81.3% | 15.3% | ||
| Q3 24 | 39.4% | 14.3% | ||
| Q2 24 | 31.5% | 12.6% | ||
| Q1 24 | 29.3% | 7.1% |
营业利润率NGVTRAIL
| Q4 25 | -47.7% | 6.2% | ||
| Q3 25 | 18.7% | 9.1% | ||
| Q2 25 | -39.1% | 6.5% | ||
| Q1 25 | 9.4% | 4.0% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | 33.0% | 7.6% | ||
| Q2 24 | 25.9% | 9.0% | ||
| Q1 24 | 22.6% | 2.4% |
净利率NGVTRAIL
| Q4 25 | -45.6% | -13.2% | ||
| Q3 25 | 13.1% | -4.6% | ||
| Q2 25 | -40.1% | 9.9% | ||
| Q1 25 | 7.2% | 52.4% | ||
| Q4 24 | 12.2% | 25.2% | ||
| Q3 24 | -32.1% | -94.6% | ||
| Q2 24 | -72.6% | 5.6% | ||
| Q1 24 | -16.5% | -7.2% |
每股收益（稀释后）NGVTRAIL
| Q4 25 | $-2.33 | $-0.54 | ||
| Q3 25 | $1.18 | $-0.23 | ||
| Q2 25 | $-4.02 | $0.34 | ||
| Q1 25 | $0.56 | $1.52 | ||
| Q4 24 | $0.44 | $0.88 | ||
| Q3 24 | $-2.94 | $-3.57 | ||
| Q2 24 | $-7.81 | $0.11 | ||
| Q1 24 | $-1.54 | $-0.54 |
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 | $107.2M |
| 股东权益账面价值 | $29.7M | $-107.4M |
| 总资产 | $1.7B | $290.0M |
| 负债/权益比越低杠杆越低 | 39.10× | — |
8季度趋势，按日历期对齐
现金及短期投资NGVTRAIL
| 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NGVTRAIL
| Q4 25 | $1.2B | $107.2M | ||
| Q3 25 | $1.2B | $107.6M | ||
| Q2 25 | $1.2B | $107.9M | ||
| Q1 25 | $1.3B | $108.2M | ||
| Q4 24 | $1.3B | $108.4M | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
股东权益NGVTRAIL
| Q4 25 | $29.7M | $-107.4M | ||
| Q3 25 | $138.1M | $-90.9M | ||
| Q2 25 | $120.7M | $-83.5M | ||
| Q1 25 | $234.6M | $-97.4M | ||
| Q4 24 | $195.2M | $-150.3M | ||
| Q3 24 | $214.5M | $-156.3M | ||
| Q2 24 | $284.8M | $-48.8M | ||
| Q1 24 | $568.2M | $-57.0M |
总资产NGVTRAIL
| Q4 25 | $1.7B | $290.0M | ||
| Q3 25 | $1.8B | $340.8M | ||
| Q2 25 | $1.9B | $328.1M | ||
| Q1 25 | $2.1B | $250.5M | ||
| Q4 24 | $2.0B | $224.2M | ||
| Q3 24 | $2.2B | $245.9M | ||
| Q2 24 | $2.3B | $207.2M | ||
| Q1 24 | $2.6B | $248.7M |
负债/权益比NGVTRAIL
| Q4 25 | 39.10× | — | ||
| Q3 25 | 8.39× | — | ||
| Q2 25 | 10.24× | — | ||
| Q1 25 | 5.68× | — | ||
| Q4 24 | 6.86× | — | ||
| 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 | $10.0M |
| 自由现金流经营现金流 - 资本支出 | $73.5M | $8.8M |
| 自由现金流率自由现金流/营收 | 39.6% | 7.0% |
| 资本支出强度资本支出/营收 | 12.7% | 1.0% |
| 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 | $273.5M | $31.4M |
8季度趋势，按日历期对齐
经营现金流NGVTRAIL
| Q4 25 | $97.1M | $10.0M | ||
| Q3 25 | $129.7M | $3.4M | ||
| Q2 25 | $79.0M | $8.5M | ||
| Q1 25 | $25.4M | $12.8M | ||
| Q4 24 | $64.5M | $5.9M | ||
| Q3 24 | $46.5M | $7.2M | ||
| Q2 24 | $29.7M | $57.2M | ||
| Q1 24 | $-12.1M | $-25.3M |
自由现金流NGVTRAIL
| Q4 25 | $73.5M | $8.8M | ||
| Q3 25 | $117.8M | $2.2M | ||
| Q2 25 | $66.8M | $7.9M | ||
| Q1 25 | $15.4M | $12.5M | ||
| Q4 24 | $39.6M | $4.6M | ||
| Q3 24 | $28.5M | $5.7M | ||
| Q2 24 | $11.6M | $55.9M | ||
| Q1 24 | $-28.7M | $-26.3M |
自由现金流率NGVTRAIL
| Q4 25 | 39.6% | 7.0% | ||
| Q3 25 | 35.4% | 1.4% | ||
| Q2 25 | 18.3% | 6.7% | ||
| Q1 25 | 5.4% | 13.0% | ||
| Q4 24 | 29.2% | 3.3% | ||
| Q3 24 | 8.5% | 5.0% | ||
| Q2 24 | 3.0% | 38.3% | ||
| Q1 24 | -8.4% | -16.3% |
资本支出强度NGVTRAIL
| Q4 25 | 12.7% | 1.0% | ||
| Q3 25 | 3.6% | 0.7% | ||
| Q2 25 | 3.3% | 0.5% | ||
| Q1 25 | 3.5% | 0.3% | ||
| Q4 24 | 18.4% | 0.9% | ||
| Q3 24 | 5.4% | 1.3% | ||
| Q2 24 | 4.6% | 0.9% | ||
| Q1 24 | 4.9% | 0.6% |
现金转化率NGVTRAIL
| Q4 25 | — | — | ||
| Q3 25 | 2.98× | — | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | 1.24× | 0.25× | ||
| Q4 24 | 3.89× | 0.17× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 6.99× | ||
| 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% |
RAIL
| Railcar Sales | $118.9M | 95% |
| Aftermarket Sales | $6.6M | 5% |
