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Ingevity Corp（NGVT）与Rocket Lab Corp（RKLB）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Rocket Lab Corp的1.0倍（$185.4M vs $179.7M），Rocket Lab Corp净利率更高（-29.5% vs -45.6%，领先16.2%），Ingevity Corp同比增速更快（36.7% vs 35.7%），Ingevity Corp自由现金流更多（$73.5M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% 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。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
NGVT vs RKLB — 直观对比
营收规模更大
NGVT
是对方的1.0倍
$179.7M
营收增速更快
NGVT
高出1.0%
35.7%
净利率更高
RKLB
高出16.2%
-45.6%
自由现金流更多
NGVT
多$187.7M
$-114.2M
两年增速更快
RKLB
近两年复合增速
-26.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $185.4M | $179.7M |
| 净利润 | $-84.6M | $-52.9M |
| 毛利率 | 41.2% | 38.0% |
| 营业利润率 | -47.7% | -28.4% |
| 净利率 | -45.6% | -29.5% |
| 营收同比 | 36.7% | 35.7% |
| 净利润同比 | -609.6% | -1.1% |
| 每股收益（稀释后） | $-2.33 | $-0.09 |
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NGVTRKLB
| Q4 25 | $185.4M | $179.7M | ||
| Q3 25 | $333.1M | $155.1M | ||
| Q2 25 | $365.1M | $144.5M | ||
| Q1 25 | $284.0M | $122.6M | ||
| Q4 24 | $135.6M | $132.4M | ||
| Q3 24 | $333.8M | $104.8M | ||
| Q2 24 | $390.6M | $106.3M | ||
| Q1 24 | $340.1M | $92.8M |
净利润NGVTRKLB
| Q4 25 | $-84.6M | $-52.9M | ||
| Q3 25 | $43.5M | $-18.3M | ||
| Q2 25 | $-146.5M | $-66.4M | ||
| Q1 25 | $20.5M | $-60.6M | ||
| Q4 24 | $16.6M | $-52.3M | ||
| Q3 24 | $-107.2M | $-51.9M | ||
| Q2 24 | $-283.7M | $-41.6M | ||
| Q1 24 | $-56.0M | $-44.3M |
毛利率NGVTRKLB
| Q4 25 | 41.2% | 38.0% | ||
| Q3 25 | 40.2% | 37.0% | ||
| Q2 25 | 37.8% | 32.1% | ||
| Q1 25 | 39.9% | 28.8% | ||
| Q4 24 | 81.3% | 27.8% | ||
| Q3 24 | 39.4% | 26.7% | ||
| Q2 24 | 31.5% | 25.6% | ||
| Q1 24 | 29.3% | 26.1% |
营业利润率NGVTRKLB
| Q4 25 | -47.7% | -28.4% | ||
| Q3 25 | 18.7% | -38.0% | ||
| Q2 25 | -39.1% | -41.3% | ||
| Q1 25 | 9.4% | -48.3% | ||
| Q4 24 | — | -38.9% | ||
| Q3 24 | 33.0% | -49.5% | ||
| Q2 24 | 25.9% | -40.7% | ||
| Q1 24 | 22.6% | -46.4% |
净利率NGVTRKLB
| Q4 25 | -45.6% | -29.5% | ||
| Q3 25 | 13.1% | -11.8% | ||
| Q2 25 | -40.1% | -46.0% | ||
| Q1 25 | 7.2% | -49.5% | ||
| Q4 24 | 12.2% | -39.5% | ||
| Q3 24 | -32.1% | -49.6% | ||
| Q2 24 | -72.6% | -39.2% | ||
| Q1 24 | -16.5% | -47.7% |
每股收益（稀释后）NGVTRKLB
| Q4 25 | $-2.33 | $-0.09 | ||
| Q3 25 | $1.18 | $-0.03 | ||
| Q2 25 | $-4.02 | $-0.13 | ||
| Q1 25 | $0.56 | $-0.12 | ||
| Q4 24 | $0.44 | $-0.11 | ||
| Q3 24 | $-2.94 | $-0.10 | ||
| Q2 24 | $-7.81 | $-0.08 | ||
| Q1 24 | $-1.54 | $-0.09 |
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 | $1.0B |
| 总债务越低越好 | $1.2B | $152.4M |
| 股东权益账面价值 | $29.7M | $1.7B |
| 总资产 | $1.7B | $2.3B |
| 负债/权益比越低杠杆越低 | 39.10× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资NGVTRKLB
| Q4 25 | $78.1M | $1.0B | ||
| Q3 25 | $83.4M | $976.7M | ||
| Q2 25 | $76.9M | $688.1M | ||
| Q1 25 | $71.5M | $428.4M | ||
| Q4 24 | $68.0M | $419.0M | ||
| Q3 24 | $135.5M | $442.4M | ||
| Q2 24 | $107.4M | $496.8M | ||
| Q1 24 | $88.5M | $492.5M |
总债务NGVTRKLB
| Q4 25 | $1.2B | $152.4M | ||
| Q3 25 | $1.2B | $347.0M | ||
| Q2 25 | $1.2B | $346.5M | ||
| Q1 25 | $1.3B | $345.9M | ||
| Q4 24 | $1.3B | $345.4M | ||
| Q3 24 | $1.4B | $61.2M | ||
| Q2 24 | $1.4B | $64.2M | ||
| Q1 24 | $1.4B | $66.8M |
股东权益NGVTRKLB
| Q4 25 | $29.7M | $1.7B | ||
| Q3 25 | $138.1M | $1.3B | ||
| Q2 25 | $120.7M | $688.5M | ||
| Q1 25 | $234.6M | $431.3M | ||
| Q4 24 | $195.2M | $382.5M | ||
| Q3 24 | $214.5M | $419.8M | ||
| Q2 24 | $284.8M | $455.2M | ||
| Q1 24 | $568.2M | $478.9M |
总资产NGVTRKLB
| Q4 25 | $1.7B | $2.3B | ||
| Q3 25 | $1.8B | $2.2B | ||
| Q2 25 | $1.9B | $1.6B | ||
| Q1 25 | $2.1B | $1.3B | ||
| Q4 24 | $2.0B | $1.2B | ||
| Q3 24 | $2.2B | $1.2B | ||
| Q2 24 | $2.3B | $1.2B | ||
| Q1 24 | $2.6B | $1.2B |
负债/权益比NGVTRKLB
| Q4 25 | 39.10× | 0.09× | ||
| Q3 25 | 8.39× | 0.27× | ||
| Q2 25 | 10.24× | 0.50× | ||
| Q1 25 | 5.68× | 0.80× | ||
| Q4 24 | 6.86× | 0.90× | ||
| Q3 24 | 6.52× | 0.15× | ||
| Q2 24 | 4.92× | 0.14× | ||
| Q1 24 | 2.48× | 0.14× |
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 | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $73.5M | $-114.2M |
| 自由现金流率自由现金流/营收 | 39.6% | -63.6% |
| 资本支出强度资本支出/营收 | 12.7% | 27.6% |
| 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 | $-321.8M |
8季度趋势，按日历期对齐
经营现金流NGVTRKLB
| Q4 25 | $97.1M | $-64.5M | ||
| Q3 25 | $129.7M | $-23.5M | ||
| Q2 25 | $79.0M | $-23.2M | ||
| Q1 25 | $25.4M | $-54.2M | ||
| Q4 24 | $64.5M | $-2.4M | ||
| Q3 24 | $46.5M | $-30.9M | ||
| Q2 24 | $29.7M | $-13.0M | ||
| Q1 24 | $-12.1M | $-2.6M |
自由现金流NGVTRKLB
| Q4 25 | $73.5M | $-114.2M | ||
| Q3 25 | $117.8M | $-69.4M | ||
| Q2 25 | $66.8M | $-55.3M | ||
| Q1 25 | $15.4M | $-82.9M | ||
| Q4 24 | $39.6M | $-23.9M | ||
| Q3 24 | $28.5M | $-41.9M | ||
| Q2 24 | $11.6M | $-28.3M | ||
| Q1 24 | $-28.7M | $-21.8M |
自由现金流率NGVTRKLB
| Q4 25 | 39.6% | -63.6% | ||
| Q3 25 | 35.4% | -44.8% | ||
| Q2 25 | 18.3% | -38.3% | ||
| Q1 25 | 5.4% | -67.6% | ||
| Q4 24 | 29.2% | -18.1% | ||
| Q3 24 | 8.5% | -40.0% | ||
| Q2 24 | 3.0% | -26.7% | ||
| Q1 24 | -8.4% | -23.5% |
资本支出强度NGVTRKLB
| Q4 25 | 12.7% | 27.6% | ||
| Q3 25 | 3.6% | 29.6% | ||
| Q2 25 | 3.3% | 22.2% | ||
| Q1 25 | 3.5% | 23.4% | ||
| Q4 24 | 18.4% | 16.3% | ||
| Q3 24 | 5.4% | 10.5% | ||
| Q2 24 | 4.6% | 14.4% | ||
| Q1 24 | 4.9% | 20.7% |
现金转化率NGVTRKLB
| Q4 25 | — | — | ||
| Q3 25 | 2.98× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 3.89× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
