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BRUNSWICK CORP（BC）与罗技（LOGI）财务数据对比。点击上方公司名可切换其他公司
罗技的季度营收约是BRUNSWICK CORP的1.0倍（$1.4B vs $1.4B），罗技净利率更高（17.7% vs 1.5%，领先16.1%），BRUNSWICK CORP同比增速更快（17.3% vs 6.1%），罗技自由现金流更多（$465.6M vs $-116.8M），过去两年罗技的营收复合增速更高（18.5% vs -2.3%）
美国Brunswick公司创立于1845年，专注于多品类产品的研发、生产与营销，旗下拥有知名海事品牌水星海事（Mercury Marine）等多个品牌。目前集团在24个国家拥有超1.3万名员工，2024年销售额达52亿美元，全球总部位于伊利诺伊州芝加哥北郊的梅塔瓦。
罗技国际是总部位于瑞士洛桑的跨国企业，专注于计算机外设及相关软件的研发与生产，在欧洲、亚洲、大洋洲、美洲均设有分支机构，为瑞士市场指数成分股，同时在纳斯达克交易所挂牌上市。
BC vs LOGI — 直观对比
营收规模更大
LOGI
是对方的1.0倍
$1.4B
营收增速更快
BC
高出11.2%
6.1%
净利率更高
LOGI
高出16.1%
1.5%
自由现金流更多
LOGI
多$582.4M
$-116.8M
两年增速更快
LOGI
近两年复合增速
-2.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.4B |
| 净利润 | $21.0M | $251.0M |
| 毛利率 | 24.9% | 43.2% |
| 营业利润率 | 3.6% | 20.1% |
| 净利率 | 1.5% | 17.7% |
| 营收同比 | 17.3% | 6.1% |
| 净利润同比 | — | 25.4% |
| 每股收益（稀释后） | $0.32 | $1.69 |
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BCLOGI
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $1.4B | $1.1B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $1.4B | $1.1B |
净利润BCLOGI
| Q1 26 | $21.0M | — | ||
| Q4 25 | $18.7M | $251.0M | ||
| Q3 25 | $-235.5M | $170.7M | ||
| Q2 25 | $59.3M | $146.0M | ||
| Q1 25 | $20.2M | $144.1M | ||
| Q4 24 | $-82.5M | $200.1M | ||
| Q3 24 | $44.6M | $145.5M | ||
| Q2 24 | $100.0M | $141.8M |
毛利率BCLOGI
| Q1 26 | 24.9% | — | ||
| Q4 25 | 23.1% | 43.2% | ||
| Q3 25 | 25.8% | 43.4% | ||
| Q2 25 | 25.5% | 41.7% | ||
| Q1 25 | 24.9% | 43.1% | ||
| Q4 24 | 21.9% | 42.9% | ||
| Q3 24 | 26.2% | 43.6% | ||
| Q2 24 | 27.1% | 42.8% |
营业利润率BCLOGI
| Q1 26 | 3.6% | — | ||
| Q4 25 | 3.1% | 20.1% | ||
| Q3 25 | -17.8% | 16.1% | ||
| Q2 25 | 7.1% | 14.1% | ||
| Q1 25 | 4.6% | 10.5% | ||
| Q4 24 | -4.8% | 17.5% | ||
| Q3 24 | 7.7% | 14.4% | ||
| Q2 24 | 11.0% | 14.1% |
净利率BCLOGI
| Q1 26 | 1.5% | — | ||
| Q4 25 | 1.4% | 17.7% | ||
| Q3 25 | -17.3% | 14.4% | ||
| Q2 25 | 4.1% | 12.7% | ||
| Q1 25 | 1.7% | 14.3% | ||
| Q4 24 | -7.1% | 14.9% | ||
| Q3 24 | 3.5% | 13.0% | ||
| Q2 24 | 6.9% | 13.0% |
每股收益（稀释后）BCLOGI
| Q1 26 | $0.32 | — | ||
| Q4 25 | $0.32 | $1.69 | ||
| Q3 25 | $-3.59 | $1.15 | ||
| Q2 25 | $0.89 | $0.98 | ||
| Q1 25 | $0.30 | $0.94 | ||
| Q4 24 | $-1.21 | $1.32 | ||
| Q3 24 | $0.67 | $0.95 | ||
| Q2 24 | $1.48 | $0.92 |
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 | $277.8M | $1.8B |
| 总债务越低越好 | $490.2M | — |
| 股东权益账面价值 | $1.6B | $2.3B |
| 总资产 | $5.5B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.31× | — |
8季度趋势，按日历期对齐
现金及短期投资BCLOGI
| Q1 26 | $277.8M | — | ||
| Q4 25 | $256.8M | $1.8B | ||
| Q3 25 | $297.7M | $1.4B | ||
| Q2 25 | $315.7M | $1.5B | ||
| Q1 25 | $286.7M | $1.5B | ||
| Q4 24 | $269.0M | $1.5B | ||
| Q3 24 | $284.1M | $1.4B | ||
| Q2 24 | $494.5M | $1.5B |
总债务BCLOGI
| Q1 26 | $490.2M | — | ||
| Q4 25 | $2.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BCLOGI
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $2.3B | ||
| Q3 25 | $1.6B | $2.1B | ||
| Q2 25 | $1.9B | $2.2B | ||
| Q1 25 | $1.9B | $2.1B | ||
| Q4 24 | $1.9B | $2.1B | ||
| Q3 24 | $2.0B | $2.1B | ||
| Q2 24 | $2.0B | $2.2B |
总资产BCLOGI
| Q1 26 | $5.5B | — | ||
| Q4 25 | $5.3B | $4.1B | ||
| Q3 25 | $5.4B | $3.7B | ||
| Q2 25 | $5.8B | $3.7B | ||
| Q1 25 | $5.9B | $3.5B | ||
| Q4 24 | $5.7B | $3.7B | ||
| Q3 24 | $6.0B | $3.6B | ||
| Q2 24 | $6.4B | $3.7B |
负债/权益比BCLOGI
| Q1 26 | 0.31× | — | ||
| Q4 25 | 1.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.25× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — | $480.5M |
| 自由现金流经营现金流 - 资本支出 | $-116.8M | $465.6M |
| 自由现金流率自由现金流/营收 | -8.5% | 32.8% |
| 资本支出强度资本支出/营收 | 4.2% | 1.0% |
| 现金转化率经营现金流/净利润 | — | 1.91× |
| 过去12个月自由现金流最近4个季度 | $344.6M | $903.6M |
8季度趋势，按日历期对齐
经营现金流BCLOGI
| Q1 26 | — | — | ||
| Q4 25 | $132.9M | $480.5M | ||
| Q3 25 | $140.4M | $228.8M | ||
| Q2 25 | $316.2M | $125.0M | ||
| Q1 25 | $-27.4M | $129.7M | ||
| Q4 24 | $306.4M | $370.9M | ||
| Q3 24 | $67.4M | $166.0M | ||
| Q2 24 | $211.0M | $176.0M |
自由现金流BCLOGI
| Q1 26 | $-116.8M | — | ||
| Q4 25 | $83.6M | $465.6M | ||
| Q3 25 | $106.5M | $212.3M | ||
| Q2 25 | $271.3M | $108.8M | ||
| Q1 25 | $-65.1M | $116.9M | ||
| Q4 24 | $276.1M | $356.6M | ||
| Q3 24 | $31.4M | $151.5M | ||
| Q2 24 | $163.9M | $161.4M |
自由现金流率BCLOGI
| Q1 26 | -8.5% | — | ||
| Q4 25 | 6.3% | 32.8% | ||
| Q3 25 | 7.8% | 17.9% | ||
| Q2 25 | 18.7% | 9.5% | ||
| Q1 25 | -5.3% | 11.6% | ||
| Q4 24 | 23.9% | 26.6% | ||
| Q3 24 | 2.5% | 13.6% | ||
| Q2 24 | 11.4% | 14.8% |
资本支出强度BCLOGI
| Q1 26 | 4.2% | — | ||
| Q4 25 | 3.7% | 1.0% | ||
| Q3 25 | 2.5% | 1.4% | ||
| Q2 25 | 3.1% | 1.4% | ||
| Q1 25 | 3.1% | 1.3% | ||
| Q4 24 | 2.6% | 1.1% | ||
| Q3 24 | 2.8% | 1.3% | ||
| Q2 24 | 3.3% | 1.3% |
现金转化率BCLOGI
| Q1 26 | — | — | ||
| Q4 25 | 7.11× | 1.91× | ||
| Q3 25 | — | 1.34× | ||
| Q2 25 | 5.33× | 0.86× | ||
| Q1 25 | -1.36× | 0.90× | ||
| Q4 24 | — | 1.85× | ||
| Q3 24 | 1.51× | 1.14× | ||
| Q2 24 | 2.11× | 1.24× |
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
BC
暂无分部数据
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
