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RAYONIER ADVANCED MATERIALS INC.（RYAM）与WESBANCO INC（WSBC）财务数据对比。点击上方公司名可切换其他公司
RAYONIER ADVANCED MATERIALS INC.的季度营收约是WESBANCO INC的1.6倍（$417.5M vs $257.2M），WESBANCO INC净利率更高（34.5% vs -5.0%，领先39.5%），过去两年WESBANCO INC的营收复合增速更高（31.9% vs 3.8%）
RYAM（原雷尼尔先进材料公司）是一家美国全球性纤维素技术企业，主打高纯度特种纤维素产品，所生产的天然聚合物广泛应用于过滤器生产、食品加工、医药制造及各类工业领域，同时也为造纸和包装行业供应相关产品，在纤维素技术领域拥有较高的行业认可度。
WesBanco是一家总部位于美国西弗吉尼亚州惠灵的银行控股公司，业务覆盖广泛，目前在西弗吉尼亚州、俄亥俄州、宾夕法尼亚州西部、肯塔基州、马里兰州及印第安纳州南部拥有超过200家营业网点，为当地客户提供多元金融服务。
RYAM vs WSBC — 直观对比
营收规模更大
RYAM
是对方的1.6倍
$257.2M
净利率更高
WSBC
高出39.5%
-5.0%
两年增速更快
WSBC
近两年复合增速
3.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $417.5M | $257.2M |
| 净利润 | $-21.1M | $88.6M |
| 毛利率 | 8.9% | — |
| 营业利润率 | 2.6% | — |
| 净利率 | -5.0% | 34.5% |
| 营收同比 | -1.2% | — |
| 净利润同比 | -31.9% | 54.4% |
| 每股收益（稀释后） | $-0.33 | $0.88 |
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RYAMWSBC
| Q1 26 | — | $257.2M | ||
| Q4 25 | $417.5M | $265.6M | ||
| Q3 25 | $352.8M | $261.6M | ||
| Q2 25 | $340.0M | $260.7M | ||
| Q1 25 | $356.0M | $193.2M | ||
| Q4 24 | $422.5M | $162.9M | ||
| Q3 24 | $401.1M | $150.8M | ||
| Q2 24 | $419.0M | $147.9M |
净利润RYAMWSBC
| Q1 26 | — | $88.6M | ||
| Q4 25 | $-21.1M | $91.1M | ||
| Q3 25 | $-4.5M | $83.6M | ||
| Q2 25 | $-363.2M | $57.4M | ||
| Q1 25 | $-32.0M | $-9.0M | ||
| Q4 24 | $-16.0M | $49.6M | ||
| Q3 24 | $-32.6M | $37.3M | ||
| Q2 24 | $11.4M | $28.9M |
毛利率RYAMWSBC
| Q1 26 | — | — | ||
| Q4 25 | 8.9% | — | ||
| Q3 25 | 9.7% | — | ||
| Q2 25 | 7.0% | — | ||
| Q1 25 | 6.8% | — | ||
| Q4 24 | 8.7% | — | ||
| Q3 24 | 10.9% | — | ||
| Q2 24 | 11.5% | — |
营业利润率RYAMWSBC
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 43.2% | ||
| Q3 25 | 2.8% | 39.5% | ||
| Q2 25 | -0.4% | 27.2% | ||
| Q1 25 | -4.2% | -5.0% | ||
| Q4 24 | 2.6% | 38.0% | ||
| Q3 24 | -4.2% | 29.7% | ||
| Q2 24 | 6.7% | 23.7% |
净利率RYAMWSBC
| Q1 26 | — | 34.5% | ||
| Q4 25 | -5.0% | 34.3% | ||
| Q3 25 | -1.3% | 31.9% | ||
| Q2 25 | -106.8% | 22.0% | ||
| Q1 25 | -9.0% | -4.7% | ||
| Q4 24 | -3.8% | 30.5% | ||
| Q3 24 | -8.1% | 24.7% | ||
| Q2 24 | 2.7% | 19.5% |
每股收益（稀释后）RYAMWSBC
| Q1 26 | — | $0.88 | ||
| Q4 25 | $-0.33 | $0.97 | ||
| Q3 25 | $-0.07 | $0.84 | ||
| Q2 25 | $-5.44 | $0.57 | ||
| Q1 25 | $-0.49 | $-0.15 | ||
| Q4 24 | $-0.25 | $0.72 | ||
| Q3 24 | $-0.49 | $0.54 | ||
| Q2 24 | $0.17 | $0.44 |
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 | $75.4M | — |
| 总债务越低越好 | $758.1M | — |
| 股东权益账面价值 | $316.6M | $4.1B |
| 总资产 | $1.8B | $27.5B |
| 负债/权益比越低杠杆越低 | 2.39× | — |
8季度趋势，按日历期对齐
现金及短期投资RYAMWSBC
| Q1 26 | — | — | ||
| Q4 25 | $75.4M | $956.1M | ||
| Q3 25 | $77.0M | $1.0B | ||
| Q2 25 | $70.7M | $1.2B | ||
| Q1 25 | $129.9M | $1.1B | ||
| Q4 24 | $125.2M | $568.1M | ||
| Q3 24 | $136.1M | $620.9M | ||
| Q2 24 | $114.1M | $486.8M |
总债务RYAMWSBC
| Q1 26 | — | — | ||
| Q4 25 | $758.1M | — | ||
| Q3 25 | $763.5M | — | ||
| Q2 25 | $720.4M | — | ||
| Q1 25 | $707.0M | — | ||
| Q4 24 | $706.4M | — | ||
| Q3 24 | $747.7M | — | ||
| Q2 24 | $752.8M | — |
股东权益RYAMWSBC
| Q1 26 | — | $4.1B | ||
| Q4 25 | $316.6M | $4.0B | ||
| Q3 25 | $338.2M | $4.1B | ||
| Q2 25 | $342.3M | $3.8B | ||
| Q1 25 | $688.1M | $3.8B | ||
| Q4 24 | $713.9M | $2.8B | ||
| Q3 24 | $732.7M | $2.8B | ||
| Q2 24 | $755.1M | $2.5B |
总资产RYAMWSBC
| Q1 26 | — | $27.5B | ||
| Q4 25 | $1.8B | $27.7B | ||
| Q3 25 | $1.8B | $27.5B | ||
| Q2 25 | $1.8B | $27.6B | ||
| Q1 25 | $2.1B | $27.4B | ||
| Q4 24 | $2.1B | $18.7B | ||
| Q3 24 | $2.2B | $18.5B | ||
| Q2 24 | $2.2B | $18.1B |
负债/权益比RYAMWSBC
| Q1 26 | — | — | ||
| Q4 25 | 2.39× | — | ||
| Q3 25 | 2.26× | — | ||
| Q2 25 | 2.10× | — | ||
| Q1 25 | 1.03× | — | ||
| Q4 24 | 0.99× | — | ||
| Q3 24 | 1.02× | — | ||
| Q2 24 | 1.00× | — |
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 | $32.3M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流RYAMWSBC
| Q1 26 | — | — | ||
| Q4 25 | $32.3M | $290.4M | ||
| Q3 25 | $-17.8M | $116.9M | ||
| Q2 25 | $-30.2M | $105.0M | ||
| Q1 25 | $39.6M | $-26.4M | ||
| Q4 24 | $54.9M | $211.0M | ||
| Q3 24 | $49.8M | $60.7M | ||
| Q2 24 | $87.6M | $18.2M |
自由现金流RYAMWSBC
| Q1 26 | — | — | ||
| Q4 25 | — | $280.0M | ||
| Q3 25 | — | $114.9M | ||
| Q2 25 | — | $98.3M | ||
| Q1 25 | — | $-30.7M | ||
| Q4 24 | — | $200.7M | ||
| Q3 24 | — | $56.9M | ||
| Q2 24 | — | $17.3M |
自由现金流率RYAMWSBC
| Q1 26 | — | — | ||
| Q4 25 | — | 105.4% | ||
| Q3 25 | — | 43.9% | ||
| Q2 25 | — | 37.7% | ||
| Q1 25 | — | -15.9% | ||
| Q4 24 | — | 123.2% | ||
| Q3 24 | — | 37.7% | ||
| Q2 24 | — | 11.7% |
资本支出强度RYAMWSBC
| Q1 26 | — | — | ||
| Q4 25 | — | 3.9% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | — | 0.6% |
现金转化率RYAMWSBC
| Q1 26 | — | — | ||
| Q4 25 | — | 3.19× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.25× | ||
| Q3 24 | — | 1.63× | ||
| Q2 24 | 7.69× | 0.63× |
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
RYAM
| Cellulose Specialties | $249.6M | 60% |
| Other | $86.2M | 21% |
| Paperboard | $44.2M | 11% |
| High Yield Pulp | $28.3M | 7% |
| Biomaterials | $9.2M | 2% |
WSBC
| Net Interest Income | $215.4M | 84% |
| Noninterest Income | $41.8M | 16% |
