vs
STEPAN CO（SCL）与伟世通（VC）财务数据对比。点击上方公司名可切换其他公司
伟世通的季度营收约是STEPAN CO的1.6倍（$948.0M vs $604.5M），伟世通净利率更高（7.8% vs 3.3%，领先4.5%），STEPAN CO同比增速更快（1.9% vs 1.0%），过去两年STEPAN CO的营收复合增速更高（4.2% vs 0.8%）
斯特潘公司是一家美国特种化学品制造商，总部位于伊利诺伊州诺斯布鲁克，1932年由小阿尔弗雷德·C·斯特潘创立，现有约2000名员工，目前由创始人的孙子小F·奎因·斯特潘执掌。该公司是全球最大的阴离子表面活性剂商品生产商，产品用于提升洗涤剂、洗发水、牙膏及化妆品的起泡与清洁能力。
伟世通是一家总部位于美国密歇根州范布伦镇区的全球性汽车电子供应商，业务涵盖汽车座舱电子产品、车联网服务以及电动化相关产品的设计、研发与制造，客户几乎覆盖全球所有主流汽车制造商。
SCL vs VC — 直观对比
营收规模更大
VC
是对方的1.6倍
$604.5M
营收增速更快
SCL
高出0.9%
1.0%
净利率更高
VC
高出4.5%
3.3%
两年增速更快
SCL
近两年复合增速
0.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $604.5M | $948.0M |
| 净利润 | $19.7M | $74.0M |
| 毛利率 | 10.7% | 12.9% |
| 营业利润率 | 4.7% | 6.9% |
| 净利率 | 3.3% | 7.8% |
| 营收同比 | 1.9% | 1.0% |
| 净利润同比 | — | -40.8% |
| 每股收益（稀释后） | $0.86 | $2.67 |
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SCLVC
| Q1 26 | $604.5M | — | ||
| Q4 25 | $553.9M | $948.0M | ||
| Q3 25 | $590.3M | $917.0M | ||
| Q2 25 | $594.7M | $969.0M | ||
| Q1 25 | $593.3M | $934.0M | ||
| Q4 24 | $525.6M | $939.0M | ||
| Q3 24 | $546.8M | $980.0M | ||
| Q2 24 | $556.4M | $1.0B |
净利润SCLVC
| Q1 26 | $19.7M | — | ||
| Q4 25 | $5.0M | $74.0M | ||
| Q3 25 | $10.8M | $-11.0M | ||
| Q2 25 | $11.3M | $71.0M | ||
| Q1 25 | $19.7M | $67.0M | ||
| Q4 24 | $3.4M | $125.0M | ||
| Q3 24 | $23.6M | $40.0M | ||
| Q2 24 | $9.5M | $83.0M |
毛利率SCLVC
| Q1 26 | 10.7% | — | ||
| Q4 25 | 9.3% | 12.9% | ||
| Q3 25 | 12.0% | 14.3% | ||
| Q2 25 | 12.1% | 14.6% | ||
| Q1 25 | 12.7% | 14.8% | ||
| Q4 24 | 10.8% | 14.3% | ||
| Q3 24 | 13.8% | 13.4% | ||
| Q2 24 | 12.5% | 14.5% |
营业利润率SCLVC
| Q1 26 | 4.7% | — | ||
| Q4 25 | 1.9% | 6.9% | ||
| Q3 25 | 3.7% | 8.8% | ||
| Q2 25 | 3.0% | 10.0% | ||
| Q1 25 | 4.8% | 10.2% | ||
| Q4 24 | 1.5% | 8.9% | ||
| Q3 24 | 4.4% | 5.2% | ||
| Q2 24 | 3.4% | 9.9% |
净利率SCLVC
| Q1 26 | 3.3% | — | ||
| Q4 25 | 0.9% | 7.8% | ||
| Q3 25 | 1.8% | -1.2% | ||
| Q2 25 | 1.9% | 7.3% | ||
| Q1 25 | 3.3% | 7.2% | ||
| Q4 24 | 0.6% | 13.3% | ||
| Q3 24 | 4.3% | 4.1% | ||
| Q2 24 | 1.7% | 8.2% |
每股收益（稀释后）SCLVC
| Q1 26 | $0.86 | — | ||
| Q4 25 | $0.22 | $2.67 | ||
| Q3 25 | $0.47 | $-0.40 | ||
| Q2 25 | $0.50 | $2.57 | ||
| Q1 25 | $0.86 | $2.44 | ||
| Q4 24 | $0.14 | $4.50 | ||
| Q3 24 | $1.03 | $1.43 | ||
| Q2 24 | $0.42 | $2.97 |
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 | — | $771.0M |
| 总债务越低越好 | $328.4M | — |
| 股东权益账面价值 | $1.2B | $1.6B |
| 总资产 | $2.3B | $3.4B |
| 负债/权益比越低杠杆越低 | 0.28× | — |
8季度趋势，按日历期对齐
现金及短期投资SCLVC
| Q1 26 | — | — | ||
| Q4 25 | $132.7M | $771.0M | ||
| Q3 25 | $118.5M | $762.0M | ||
| Q2 25 | $88.9M | $668.0M | ||
| Q1 25 | $107.5M | $655.0M | ||
| Q4 24 | $99.7M | $623.0M | ||
| Q3 24 | $147.3M | $550.0M | ||
| Q2 24 | $124.7M | $505.0M |
总债务SCLVC
| Q1 26 | $328.4M | — | ||
| Q4 25 | $626.7M | — | ||
| Q3 25 | $655.5M | — | ||
| Q2 25 | $658.0M | — | ||
| Q1 25 | $659.3M | — | ||
| Q4 24 | $625.4M | — | ||
| Q3 24 | $688.5M | — | ||
| Q2 24 | $657.1M | — |
股东权益SCLVC
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.2B | $1.2B |
总资产SCLVC
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.4B | $3.4B | ||
| Q3 25 | $2.4B | $3.3B | ||
| Q2 25 | $2.4B | $3.3B | ||
| Q1 25 | $2.4B | $3.1B | ||
| Q4 24 | $2.3B | $3.0B | ||
| Q3 24 | $2.4B | $3.0B | ||
| Q2 24 | $2.3B | $2.8B |
负债/权益比SCLVC
| Q1 26 | 0.28× | — | ||
| Q4 25 | 0.50× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.53× | — | ||
| Q1 25 | 0.55× | — | ||
| Q4 24 | 0.53× | — | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 0.55× | — |
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 | — | $118.0M |
| 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 | — | 1.59× |
| 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SCLVC
| Q1 26 | — | — | ||
| Q4 25 | $60.0M | $118.0M | ||
| Q3 25 | $69.8M | $127.0M | ||
| Q2 25 | $11.2M | $95.0M | ||
| Q1 25 | $6.9M | $70.0M | ||
| Q4 24 | $68.3M | $203.0M | ||
| Q3 24 | $22.7M | $98.0M | ||
| Q2 24 | $29.5M | $57.0M |
自由现金流SCLVC
| Q1 26 | — | — | ||
| Q4 25 | $25.4M | — | ||
| Q3 25 | $40.2M | — | ||
| Q2 25 | $-14.4M | — | ||
| Q1 25 | $-25.8M | — | ||
| Q4 24 | $32.1M | — | ||
| Q3 24 | $-4.0M | — | ||
| Q2 24 | $-208.0K | — |
自由现金流率SCLVC
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | — | ||
| Q3 25 | 6.8% | — | ||
| Q2 25 | -2.4% | — | ||
| Q1 25 | -4.3% | — | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | -0.7% | — | ||
| Q2 24 | -0.0% | — |
资本支出强度SCLVC
| Q1 26 | — | — | ||
| Q4 25 | 6.3% | — | ||
| Q3 25 | 5.0% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | 6.9% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 5.3% | — |
现金转化率SCLVC
| Q1 26 | — | — | ||
| Q4 25 | 11.99× | 1.59× | ||
| Q3 25 | 6.44× | — | ||
| Q2 25 | 0.99× | 1.34× | ||
| Q1 25 | 0.35× | 1.04× | ||
| Q4 24 | 20.38× | 1.62× | ||
| Q3 24 | 0.96× | 2.45× | ||
| Q2 24 | 3.10× | 0.69× |
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
SCL
| Surfactants | $453.7M | 75% |
| Polymers | $130.0M | 22% |
| Specialty Products | $20.8M | 3% |
VC
| Audioandinfotainment | $508.0M | 54% |
| Informationdisplays | $428.0M | 45% |
