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富兰克林邓普顿（BEN）与罗技（LOGI）财务数据对比。点击上方公司名可切换其他公司
富兰克林邓普顿的季度营收约是罗技的1.6倍（$2.3B vs $1.4B），罗技净利率更高（17.7% vs 11.0%，领先6.7%），罗技同比增速更快（6.1% vs 3.4%），过去两年罗技的营收复合增速更高（18.5% vs 4.0%）
富兰克林资源（运营品牌为富兰克林邓普顿）是美国跨国投资管理控股集团，1947年创立于纽约，纽交所上市代码为BEN，命名源自创始人敬仰的本杰明·富兰克林，是全球知名的综合投资服务机构。
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。
BEN vs LOGI — 直观对比
营收规模更大
BEN
是对方的1.6倍
$1.4B
营收增速更快
LOGI
高出2.7%
3.4%
净利率更高
LOGI
高出6.7%
11.0%
两年增速更快
LOGI
近两年复合增速
4.0%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $1.4B |
| 净利润 | $255.5M | $251.0M |
| 毛利率 | — | 43.2% |
| 营业利润率 | 12.1% | 20.1% |
| 净利率 | 11.0% | 17.7% |
| 营收同比 | 3.4% | 6.1% |
| 净利润同比 | 56.2% | 25.4% |
| 每股收益（稀释后） | $0.46 | $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BENLOGI
| Q4 25 | $2.3B | $1.4B | ||
| Q3 25 | $2.3B | $1.2B | ||
| Q2 25 | $2.1B | $1.1B | ||
| Q1 25 | $2.1B | $1.0B | ||
| Q4 24 | $2.3B | $1.3B | ||
| Q3 24 | $2.2B | $1.1B | ||
| Q2 24 | $2.1B | $1.1B | ||
| Q1 24 | $2.2B | $1.0B |
净利润BENLOGI
| Q4 25 | $255.5M | $251.0M | ||
| Q3 25 | $117.6M | $170.7M | ||
| Q2 25 | $92.3M | $146.0M | ||
| Q1 25 | $151.4M | $144.1M | ||
| Q4 24 | $163.6M | $200.1M | ||
| Q3 24 | $-84.7M | $145.5M | ||
| Q2 24 | $174.0M | $141.8M | ||
| Q1 24 | $124.2M | $167.6M |
毛利率BENLOGI
| Q4 25 | — | 43.2% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 41.7% | ||
| Q1 25 | — | 43.1% | ||
| Q4 24 | — | 42.9% | ||
| Q3 24 | — | 43.6% | ||
| Q2 24 | — | 42.8% | ||
| Q1 24 | — | 43.2% |
营业利润率BENLOGI
| Q4 25 | 12.1% | 20.1% | ||
| Q3 25 | 3.6% | 16.1% | ||
| Q2 25 | 7.5% | 14.1% | ||
| Q1 25 | 6.9% | 10.5% | ||
| Q4 24 | 9.7% | 17.5% | ||
| Q3 24 | -6.8% | 14.4% | ||
| Q2 24 | 10.5% | 14.1% | ||
| Q1 24 | 6.0% | 12.9% |
净利率BENLOGI
| Q4 25 | 11.0% | 17.7% | ||
| Q3 25 | 5.0% | 14.4% | ||
| Q2 25 | 4.5% | 12.7% | ||
| Q1 25 | 7.2% | 14.3% | ||
| Q4 24 | 7.3% | 14.9% | ||
| Q3 24 | -3.8% | 13.0% | ||
| Q2 24 | 8.2% | 13.0% | ||
| Q1 24 | 5.8% | 16.6% |
每股收益（稀释后）BENLOGI
| Q4 25 | $0.46 | $1.69 | ||
| Q3 25 | $0.21 | $1.15 | ||
| Q2 25 | $0.15 | $0.98 | ||
| Q1 25 | $0.26 | $0.94 | ||
| Q4 24 | $0.29 | $1.32 | ||
| Q3 24 | $-0.20 | $0.95 | ||
| Q2 24 | $0.32 | $0.92 | ||
| Q1 24 | $0.23 | $1.07 |
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 | — | $1.8B |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $12.1B | $2.3B |
| 总资产 | $32.5B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.19× | — |
8季度趋势，按日历期对齐
现金及短期投资BENLOGI
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.5B |
总债务BENLOGI
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $3.0B | — |
股东权益BENLOGI
| Q4 25 | $12.1B | $2.3B | ||
| Q3 25 | $12.1B | $2.1B | ||
| Q2 25 | $12.2B | $2.2B | ||
| Q1 25 | $12.3B | $2.1B | ||
| Q4 24 | $12.5B | $2.1B | ||
| Q3 24 | $12.5B | $2.1B | ||
| Q2 24 | $12.9B | $2.2B | ||
| Q1 24 | $12.9B | $2.2B |
总资产BENLOGI
| Q4 25 | $32.5B | $4.1B | ||
| Q3 25 | $32.4B | $3.7B | ||
| Q2 25 | $32.6B | $3.7B | ||
| Q1 25 | $32.0B | $3.5B | ||
| Q4 24 | $32.4B | $3.7B | ||
| Q3 24 | $32.5B | $3.6B | ||
| Q2 24 | $33.3B | $3.7B | ||
| Q1 24 | $32.9B | $3.6B |
负债/权益比BENLOGI
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | 0.22× | — | ||
| Q4 24 | 0.22× | — | ||
| Q3 24 | 0.22× | — | ||
| Q2 24 | 0.24× | — | ||
| Q1 24 | 0.24× | — |
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 | $-255.1M | $480.5M |
| 自由现金流经营现金流 - 资本支出 | — | $465.6M |
| 自由现金流率自由现金流/营收 | — | 32.8% |
| 资本支出强度资本支出/营收 | — | 1.0% |
| 现金转化率经营现金流/净利润 | -1.00× | 1.91× |
| 过去12个月自由现金流最近4个季度 | — | $903.6M |
8季度趋势，按日历期对齐
经营现金流BENLOGI
| Q4 25 | $-255.1M | $480.5M | ||
| Q3 25 | $-20.7M | $228.8M | ||
| Q2 25 | $1.3B | $125.0M | ||
| Q1 25 | $-50.1M | $129.7M | ||
| Q4 24 | $-145.2M | $370.9M | ||
| Q3 24 | $558.2M | $166.0M | ||
| Q2 24 | $528.4M | $176.0M | ||
| Q1 24 | $136.6M | $239.1M |
自由现金流BENLOGI
| Q4 25 | — | $465.6M | ||
| Q3 25 | $-51.9M | $212.3M | ||
| Q2 25 | $1.3B | $108.8M | ||
| Q1 25 | $-87.6M | $116.9M | ||
| Q4 24 | $-217.0M | $356.6M | ||
| Q3 24 | $488.4M | $151.5M | ||
| Q2 24 | $482.3M | $161.4M | ||
| Q1 24 | $94.9M | $228.8M |
自由现金流率BENLOGI
| Q4 25 | — | 32.8% | ||
| Q3 25 | -2.2% | 17.9% | ||
| Q2 25 | 61.4% | 9.5% | ||
| Q1 25 | -4.1% | 11.6% | ||
| Q4 24 | -9.6% | 26.6% | ||
| Q3 24 | 22.1% | 13.6% | ||
| Q2 24 | 22.7% | 14.8% | ||
| Q1 24 | 4.4% | 22.6% |
资本支出强度BENLOGI
| Q4 25 | — | 1.0% | ||
| Q3 25 | 1.3% | 1.4% | ||
| Q2 25 | 0.7% | 1.4% | ||
| Q1 25 | 1.8% | 1.3% | ||
| Q4 24 | 3.2% | 1.1% | ||
| Q3 24 | 3.2% | 1.3% | ||
| Q2 24 | 2.2% | 1.3% | ||
| Q1 24 | 1.9% | 1.0% |
现金转化率BENLOGI
| Q4 25 | -1.00× | 1.91× | ||
| Q3 25 | -0.18× | 1.34× | ||
| Q2 25 | 13.89× | 0.86× | ||
| Q1 25 | -0.33× | 0.90× | ||
| Q4 24 | -0.89× | 1.85× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | 3.04× | 1.24× | ||
| Q1 24 | 1.10× | 1.43× |
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
BEN
| Investment Advisory Management And Administrative Service | $1.8B | 79% |
| Sales And Distribution Fees | $388.7M | 17% |
| Shareholder Service | $70.9M | 3% |
| Service Other | $19.6M | 1% |
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% |
