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OLIN Corp（OLN）与Trade Desk (The)（TTD）财务数据对比。点击上方公司名可切换其他公司
OLIN Corp的季度营收约是Trade Desk (The)的2.0倍（$1.7B vs $846.8M），Trade Desk (The)净利率更高（22.1% vs -8.6%，领先30.7%），Trade Desk (The)同比增速更快（14.3% vs -0.4%），过去两年Trade Desk (The)的营收复合增速更高（31.3% vs 0.9%）
奥林公司是美国知名制造企业，主营弹药、氯气及氢氧化钠产品。其历史可追溯至1892年成立的两家企业：富兰克林·W·奥林创立的公平火药公司，以及马西森碱业公司。过往奥林旗下化工厂曾发生安全事故，对员工及周边居民健康造成风险。
The Trade Desk是来自美国的跨国科技企业，专注于实时程序化营销自动化领域的技术、产品与服务研发，可实现面向用户的个性化数字内容分发，为全球广告营销行业客户提供专业解决方案。
OLN vs TTD — 直观对比
营收规模更大
OLN
是对方的2.0倍
$846.8M
营收增速更快
TTD
高出14.6%
-0.4%
净利率更高
TTD
高出30.7%
-8.6%
两年增速更快
TTD
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $846.8M |
| 净利润 | $-143.2M | $186.9M |
| 毛利率 | 1.9% | 80.7% |
| 营业利润率 | -9.4% | 30.3% |
| 净利率 | -8.6% | 22.1% |
| 营收同比 | -0.4% | 14.3% |
| 净利润同比 | -1517.8% | 2.6% |
| 每股收益（稀释后） | $-1.25 | $0.39 |
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OLNTTD
| Q4 25 | $1.7B | $846.8M | ||
| Q3 25 | $1.7B | $739.4M | ||
| Q2 25 | $1.8B | $694.0M | ||
| Q1 25 | $1.6B | $616.0M | ||
| Q4 24 | $1.7B | $741.0M | ||
| Q3 24 | $1.6B | $628.0M | ||
| Q2 24 | $1.6B | $584.5M | ||
| Q1 24 | $1.6B | $491.3M |
净利润OLNTTD
| Q4 25 | $-143.2M | $186.9M | ||
| Q3 25 | $43.7M | $115.5M | ||
| Q2 25 | $-2.8M | $90.1M | ||
| Q1 25 | $1.2M | $50.7M | ||
| Q4 24 | $10.1M | $182.2M | ||
| Q3 24 | $-25.2M | $94.2M | ||
| Q2 24 | $72.3M | $85.0M | ||
| Q1 24 | $47.8M | $31.7M |
毛利率OLNTTD
| Q4 25 | 1.9% | 80.7% | ||
| Q3 25 | 10.7% | 78.1% | ||
| Q2 25 | 7.9% | 78.2% | ||
| Q1 25 | 9.0% | 76.8% | ||
| Q4 24 | 9.4% | 81.7% | ||
| Q3 24 | 8.5% | 80.5% | ||
| Q2 24 | 14.5% | 81.1% | ||
| Q1 24 | 12.7% | 78.9% |
营业利润率OLNTTD
| Q4 25 | -9.4% | 30.3% | ||
| Q3 25 | 4.8% | 21.8% | ||
| Q2 25 | 2.0% | 16.8% | ||
| Q1 25 | 2.7% | 8.8% | ||
| Q4 24 | 2.8% | 26.4% | ||
| Q3 24 | 1.0% | 17.3% | ||
| Q2 24 | 8.3% | 16.2% | ||
| Q1 24 | 5.9% | 5.8% |
净利率OLNTTD
| Q4 25 | -8.6% | 22.1% | ||
| Q3 25 | 2.6% | 15.6% | ||
| Q2 25 | -0.2% | 13.0% | ||
| Q1 25 | 0.1% | 8.2% | ||
| Q4 24 | 0.6% | 24.6% | ||
| Q3 24 | -1.6% | 15.0% | ||
| Q2 24 | 4.4% | 14.5% | ||
| Q1 24 | 2.9% | 6.4% |
每股收益（稀释后）OLNTTD
| Q4 25 | $-1.25 | $0.39 | ||
| Q3 25 | $0.37 | $0.23 | ||
| Q2 25 | $-0.01 | $0.18 | ||
| Q1 25 | $0.01 | $0.10 | ||
| Q4 24 | $0.10 | $0.36 | ||
| Q3 24 | $-0.21 | $0.19 | ||
| Q2 24 | $0.62 | $0.17 | ||
| Q1 24 | $0.40 | $0.06 |
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 | $167.6M | $1.3B |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $1.8B | $2.5B |
| 总资产 | $7.3B | $6.2B |
| 负债/权益比越低杠杆越低 | 1.55× | — |
8季度趋势，按日历期对齐
现金及短期投资OLNTTD
| Q4 25 | $167.6M | $1.3B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | $175.6M | $1.9B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.4B |
总债务OLNTTD
| Q4 25 | $2.8B | — | ||
| Q3 25 | $3.0B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.7B | — |
股东权益OLNTTD
| Q4 25 | $1.8B | $2.5B | ||
| Q3 25 | $2.0B | $2.6B | ||
| Q2 25 | $2.0B | $2.7B | ||
| Q1 25 | $2.0B | $2.7B | ||
| Q4 24 | $2.0B | $2.9B | ||
| Q3 24 | $2.1B | $2.6B | ||
| Q2 24 | $2.1B | $2.4B | ||
| Q1 24 | $2.2B | $2.2B |
总资产OLNTTD
| Q4 25 | $7.3B | $6.2B | ||
| Q3 25 | $7.6B | $5.9B | ||
| Q2 25 | $7.7B | $6.0B | ||
| Q1 25 | $7.7B | $5.7B | ||
| Q4 24 | $7.6B | $6.1B | ||
| Q3 24 | $7.5B | $5.5B | ||
| Q2 24 | $7.7B | $5.2B | ||
| Q1 24 | $7.6B | $4.7B |
负债/权益比OLNTTD
| Q4 25 | 1.55× | — | ||
| Q3 25 | 1.52× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 1.50× | — | ||
| Q4 24 | 1.34× | — | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | 1.31× | — | ||
| Q1 24 | 1.24× | — |
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 | $321.2M | $311.6M |
| 自由现金流经营现金流 - 资本支出 | — | $285.3M |
| 自由现金流率自由现金流/营收 | — | 33.7% |
| 资本支出强度资本支出/营收 | — | 3.1% |
| 现金转化率经营现金流/净利润 | — | 1.67× |
| 过去12个月自由现金流最近4个季度 | — | $795.7M |
8季度趋势，按日历期对齐
经营现金流OLNTTD
| Q4 25 | $321.2M | $311.6M | ||
| Q3 25 | $26.7M | $224.7M | ||
| Q2 25 | $212.3M | $165.0M | ||
| Q1 25 | $-86.0M | $291.4M | ||
| Q4 24 | $141.7M | $199.4M | ||
| Q3 24 | $189.9M | $273.3M | ||
| Q2 24 | $90.6M | $81.3M | ||
| Q1 24 | $81.0M | $185.5M |
自由现金流OLNTTD
| Q4 25 | — | $285.3M | ||
| Q3 25 | $-44.4M | $158.3M | ||
| Q2 25 | — | $119.8M | ||
| Q1 25 | $-147.4M | $232.3M | ||
| Q4 24 | $90.7M | $179.2M | ||
| Q3 24 | $146.6M | $224.6M | ||
| Q2 24 | $34.1M | $59.1M | ||
| Q1 24 | $36.7M | $178.2M |
自由现金流率OLNTTD
| Q4 25 | — | 33.7% | ||
| Q3 25 | -2.6% | 21.4% | ||
| Q2 25 | — | 17.3% | ||
| Q1 25 | -9.0% | 37.7% | ||
| Q4 24 | 5.4% | 24.2% | ||
| Q3 24 | 9.2% | 35.8% | ||
| Q2 24 | 2.1% | 10.1% | ||
| Q1 24 | 2.2% | 36.3% |
资本支出强度OLNTTD
| Q4 25 | — | 3.1% | ||
| Q3 25 | 4.2% | 9.0% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | 3.7% | 9.6% | ||
| Q4 24 | 3.1% | 2.7% | ||
| Q3 24 | 2.7% | 7.8% | ||
| Q2 24 | 3.4% | 3.8% | ||
| Q1 24 | 2.7% | 1.5% |
现金转化率OLNTTD
| Q4 25 | — | 1.67× | ||
| Q3 25 | 0.61× | 1.94× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | -71.67× | 5.75× | ||
| Q4 24 | 14.03× | 1.09× | ||
| Q3 24 | — | 2.90× | ||
| Q2 24 | 1.25× | 0.96× | ||
| Q1 24 | 1.69× | 5.86× |
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
OLN
| Chlorinechlorinederivativesandothercoproducts | $456.2M | 27% |
| Causticsoda | $400.2M | 24% |
| Militaryandlawenforcement | $304.6M | 18% |
| Epoxyresins | $194.9M | 12% |
| Aromaticsandallylics | $164.4M | 10% |
| Commercial | $144.8M | 9% |
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
