vs
BOISE CASCADE Co（BCC）与COHERENT CORP.（COHR）财务数据对比。点击上方公司名可切换其他公司
COHERENT CORP.的季度营收约是BOISE CASCADE Co的1.2倍（$1.7B vs $1.5B），COHERENT CORP.净利率更高（8.7% vs 0.6%，领先8.1%），COHERENT CORP.同比增速更快（17.5% vs -6.8%），BOISE CASCADE Co自由现金流更多（$77.0M vs $-95.7M），过去两年COHERENT CORP.的营收复合增速更高（18.1% vs -5.8%）
博伊西卡斯卡德公司是总部位于美国爱达荷州博伊西的企业，主营木制品制造与建筑材料批发分销业务，产品覆盖各类建筑用木材及相关建材，为建筑行业客户提供稳定的供应链支持。
Coherent Corp.是美国专业光学材料与半导体生产商，2023年全球员工规模达26622人。2022年原II-VI公司收购激光制造商Coherent, Inc.后更名为现名，产品广泛应用于通信、工业、医疗等众多领域。
BCC vs COHR — 直观对比
营收规模更大
COHR
是对方的1.2倍
$1.5B
营收增速更快
COHR
高出24.3%
-6.8%
净利率更高
COHR
高出8.1%
0.6%
自由现金流更多
BCC
多$172.7M
$-95.7M
两年增速更快
COHR
近两年复合增速
-5.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.7B |
| 净利润 | $8.7M | $146.7M |
| 毛利率 | — | 36.9% |
| 营业利润率 | 1.1% | 10.0% |
| 净利率 | 0.6% | 8.7% |
| 营收同比 | -6.8% | 17.5% |
| 净利润同比 | -87.3% | 41.9% |
| 每股收益（稀释后） | $0.25 | $0.76 |
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BCCCOHR
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.7B | $1.6B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.5B | $1.5B | ||
| Q4 24 | $1.6B | $1.4B | ||
| Q3 24 | $1.7B | $1.3B | ||
| Q2 24 | $1.8B | $1.3B | ||
| Q1 24 | $1.6B | $1.2B |
净利润BCCCOHR
| Q4 25 | $8.7M | $146.7M | ||
| Q3 25 | $21.8M | $226.3M | ||
| Q2 25 | $62.0M | $-95.6M | ||
| Q1 25 | $40.3M | $15.7M | ||
| Q4 24 | $68.9M | $103.4M | ||
| Q3 24 | $91.0M | $25.9M | ||
| Q2 24 | $112.3M | $-48.4M | ||
| Q1 24 | $104.1M | $-13.2M |
毛利率BCCCOHR
| Q4 25 | — | 36.9% | ||
| Q3 25 | — | 36.6% | ||
| Q2 25 | — | 35.7% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 35.5% | ||
| Q3 24 | — | 34.1% | ||
| Q2 24 | — | 32.9% | ||
| Q1 24 | — | 30.3% |
营业利润率BCCCOHR
| Q4 25 | 1.1% | 10.0% | ||
| Q3 25 | 1.9% | 13.7% | ||
| Q2 25 | 4.6% | -4.1% | ||
| Q1 25 | 3.5% | 0.7% | ||
| Q4 24 | 5.9% | 9.0% | ||
| Q3 24 | 6.8% | 1.4% | ||
| Q2 24 | 8.2% | 4.8% | ||
| Q1 24 | 8.1% | 1.8% |
净利率BCCCOHR
| Q4 25 | 0.6% | 8.7% | ||
| Q3 25 | 1.3% | 14.3% | ||
| Q2 25 | 3.6% | -6.3% | ||
| Q1 25 | 2.6% | 1.0% | ||
| Q4 24 | 4.4% | 7.2% | ||
| Q3 24 | 5.3% | 1.9% | ||
| Q2 24 | 6.2% | -3.7% | ||
| Q1 24 | 6.3% | -1.1% |
每股收益（稀释后）BCCCOHR
| Q4 25 | $0.25 | $0.76 | ||
| Q3 25 | $0.58 | $1.19 | ||
| Q2 25 | $1.64 | $-0.81 | ||
| Q1 25 | $1.06 | $-0.11 | ||
| Q4 24 | $1.79 | $0.44 | ||
| Q3 24 | $2.33 | $-0.04 | ||
| Q2 24 | $2.84 | $-0.52 | ||
| Q1 24 | $2.61 | $-0.29 |
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 | $477.2M | $863.7M |
| 总债务越低越好 | — | $3.4B |
| 股东权益账面价值 | $2.1B | $8.5B |
| 总资产 | $3.2B | $15.1B |
| 负债/权益比越低杠杆越低 | — | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资BCCCOHR
| Q4 25 | $477.2M | $863.7M | ||
| Q3 25 | $511.8M | $852.8M | ||
| Q2 25 | $481.0M | $909.2M | ||
| Q1 25 | $561.8M | $890.3M | ||
| Q4 24 | $713.3M | $917.8M | ||
| Q3 24 | $761.6M | $1.0B | ||
| Q2 24 | $922.1M | $926.0M | ||
| Q1 24 | $890.2M | $898.6M |
总债务BCCCOHR
| Q4 25 | — | $3.4B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | — | $4.2B |
股东权益BCCCOHR
| Q4 25 | $2.1B | $8.5B | ||
| Q3 25 | $2.1B | $5.8B | ||
| Q2 25 | $2.2B | $5.6B | ||
| Q1 25 | $2.1B | $5.4B | ||
| Q4 24 | $2.2B | $5.2B | ||
| Q3 24 | $2.1B | $5.5B | ||
| Q2 24 | $2.3B | $5.2B | ||
| Q1 24 | $2.3B | $5.3B |
总资产BCCCOHR
| Q4 25 | $3.2B | $15.1B | ||
| Q3 25 | $3.4B | $14.7B | ||
| Q2 25 | $3.4B | $14.9B | ||
| Q1 25 | $3.5B | $14.4B | ||
| Q4 24 | $3.4B | $14.2B | ||
| Q3 24 | $3.4B | $14.7B | ||
| Q2 24 | $3.7B | $14.5B | ||
| Q1 24 | $3.6B | $14.5B |
负债/权益比BCCCOHR
| Q4 25 | — | 0.39× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.65× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | — | 0.75× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | — | 0.78× |
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 | $131.0M | $57.9M |
| 自由现金流经营现金流 - 资本支出 | $77.0M | $-95.7M |
| 自由现金流率自由现金流/营收 | 5.3% | -5.7% |
| 资本支出强度资本支出/营收 | 3.7% | 9.1% |
| 现金转化率经营现金流/净利润 | 15.00× | 0.39× |
| 过去12个月自由现金流最近4个季度 | $12.7M | $-103.6M |
8季度趋势，按日历期对齐
经营现金流BCCCOHR
| Q4 25 | $131.0M | $57.9M | ||
| Q3 25 | $118.4M | $46.0M | ||
| Q2 25 | $33.2M | $130.3M | ||
| Q1 25 | $-28.5M | $163.0M | ||
| Q4 24 | $94.6M | $187.4M | ||
| Q3 24 | $174.6M | $153.0M | ||
| Q2 24 | $141.7M | $162.3M | ||
| Q1 24 | $27.5M | $117.4M |
自由现金流BCCCOHR
| Q4 25 | $77.0M | $-95.7M | ||
| Q3 25 | $63.2M | $-58.0M | ||
| Q2 25 | $-45.9M | $-1.1M | ||
| Q1 25 | $-81.7M | $51.1M | ||
| Q4 24 | $759.0K | $81.7M | ||
| Q3 24 | $112.9M | $61.0M | ||
| Q2 24 | $101.9M | $62.4M | ||
| Q1 24 | $-6.9M | $24.2M |
自由现金流率BCCCOHR
| Q4 25 | 5.3% | -5.7% | ||
| Q3 25 | 3.8% | -3.7% | ||
| Q2 25 | -2.6% | -0.1% | ||
| Q1 25 | -5.3% | 3.4% | ||
| Q4 24 | 0.0% | 5.7% | ||
| Q3 24 | 6.6% | 4.5% | ||
| Q2 24 | 5.7% | 4.7% | ||
| Q1 24 | -0.4% | 2.0% |
资本支出强度BCCCOHR
| Q4 25 | 3.7% | 9.1% | ||
| Q3 25 | 3.3% | 6.6% | ||
| Q2 25 | 4.5% | 8.6% | ||
| Q1 25 | 3.5% | 7.5% | ||
| Q4 24 | 6.0% | 7.4% | ||
| Q3 24 | 3.6% | 6.8% | ||
| Q2 24 | 2.2% | 7.6% | ||
| Q1 24 | 2.1% | 7.7% |
现金转化率BCCCOHR
| Q4 25 | 15.00× | 0.39× | ||
| Q3 25 | 5.44× | 0.20× | ||
| Q2 25 | 0.54× | — | ||
| Q1 25 | -0.71× | 10.37× | ||
| Q4 24 | 1.37× | 1.81× | ||
| Q3 24 | 1.92× | 5.91× | ||
| Q2 24 | 1.26× | — | ||
| Q1 24 | 0.26× | — |
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
BCC
| General Line | $626.6M | 43% |
| Commodity Product Line | $479.9M | 33% |
| Engineered Wood Products | $256.6M | 18% |
| Plywood And Veneer | $53.3M | 4% |
| Lumber | $10.1M | 1% |
| Laminated Veneer Lumber | $8.9M | 1% |
| Other Wood Products | $4.7M | 0% |
| Other Engineered Wood Products | $3.5M | 0% |
| Ijoists | $3.3M | 0% |
COHR
| Datacenter And Communications Segment | $1.2B | 72% |
| Industrial Segment | $477.7M | 28% |
