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BGC Group, Inc.（BGC）与LCI INDUSTRIES（LCII）财务数据对比。点击上方公司名可切换其他公司
LCI INDUSTRIES的季度营收约是BGC Group, Inc.的1.5倍（$932.7M vs $638.6M），BGC Group, Inc.净利率更高（2.3% vs 2.0%，领先0.2%），BGC Group, Inc.同比增速更快（34.4% vs 16.1%），BGC Group, Inc.自由现金流更多（$175.1M vs $64.3M），过去两年BGC Group, Inc.的营收复合增速更高（18.7% vs -1.8%）
BGC集团是一家总部位于纽约和伦敦的美国全球性金融服务企业，最初隶属于康托·菲茨杰拉德集团，2004年正式独立运营，业务范围覆盖全球金融市场相关服务领域。
拉奇核心工业有限公司前身为巴基斯坦帝国化学工业公司，是一家总部位于卡拉奇的巴基斯坦综合性企业集团，业务覆盖聚酯、医药、农用化学品、纯碱及兽药等多品类产品的研发生产，在巴基斯坦本土工业领域拥有重要市场地位。
BGC vs LCII — 直观对比
营收规模更大
LCII
是对方的1.5倍
$638.6M
营收增速更快
BGC
高出18.3%
16.1%
净利率更高
BGC
高出0.2%
2.0%
自由现金流更多
BGC
多$110.8M
$64.3M
两年增速更快
BGC
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $638.6M | $932.7M |
| 净利润 | $14.4M | $18.7M |
| 毛利率 | — | 22.1% |
| 营业利润率 | 3.9% | 3.8% |
| 净利率 | 2.3% | 2.0% |
| 营收同比 | 34.4% | 16.1% |
| 净利润同比 | -43.0% | 95.7% |
| 每股收益（稀释后） | $0.03 | $0.79 |
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BGCLCII
| Q4 25 | $638.6M | $932.7M | ||
| Q3 25 | $620.8M | $1.0B | ||
| Q2 25 | $648.0M | $1.1B | ||
| Q1 25 | $534.6M | $1.0B | ||
| Q4 24 | $475.2M | $803.1M | ||
| Q3 24 | $448.9M | $915.5M | ||
| Q2 24 | $435.0M | $1.1B | ||
| Q1 24 | $453.6M | $968.0M |
净利润BGCLCII
| Q4 25 | $14.4M | $18.7M | ||
| Q3 25 | $27.9M | $62.5M | ||
| Q2 25 | $57.5M | $57.6M | ||
| Q1 25 | $55.2M | $49.4M | ||
| Q4 24 | $25.2M | $9.5M | ||
| Q3 24 | $14.7M | $35.6M | ||
| Q2 24 | $37.8M | $61.2M | ||
| Q1 24 | $49.2M | $36.5M |
毛利率BGCLCII
| Q4 25 | — | 22.1% | ||
| Q3 25 | — | 24.4% | ||
| Q2 25 | — | 24.4% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 25.3% | ||
| Q1 24 | — | 23.1% |
营业利润率BGCLCII
| Q4 25 | 3.9% | 3.8% | ||
| Q3 25 | 5.4% | 7.3% | ||
| Q2 25 | 11.6% | 7.9% | ||
| Q1 25 | 15.0% | 7.8% | ||
| Q4 24 | 5.7% | 2.0% | ||
| Q3 24 | 4.4% | 5.9% | ||
| Q2 24 | 12.7% | 8.6% | ||
| Q1 24 | 15.7% | 6.0% |
净利率BGCLCII
| Q4 25 | 2.3% | 2.0% | ||
| Q3 25 | 4.5% | 6.0% | ||
| Q2 25 | 8.9% | 5.2% | ||
| Q1 25 | 10.3% | 4.7% | ||
| Q4 24 | 5.3% | 1.2% | ||
| Q3 24 | 3.3% | 3.9% | ||
| Q2 24 | 8.7% | 5.8% | ||
| Q1 24 | 10.8% | 3.8% |
每股收益（稀释后）BGCLCII
| Q4 25 | $0.03 | $0.79 | ||
| Q3 25 | $0.06 | $2.55 | ||
| Q2 25 | $0.11 | $2.29 | ||
| Q1 25 | $0.11 | $1.94 | ||
| Q4 24 | $0.04 | $0.37 | ||
| Q3 24 | $0.03 | $1.39 | ||
| Q2 24 | $0.08 | $2.40 | ||
| Q1 24 | $0.10 | $1.44 |
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 | $851.5M | $222.6M |
| 总债务越低越好 | $1.5B | $945.2M |
| 股东权益账面价值 | $972.5M | $1.4B |
| 总资产 | $4.4B | $3.2B |
| 负债/权益比越低杠杆越低 | 1.58× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资BGCLCII
| Q4 25 | $851.5M | $222.6M | ||
| Q3 25 | $774.9M | $199.7M | ||
| Q2 25 | $827.8M | $191.9M | ||
| Q1 25 | $966.4M | $231.2M | ||
| Q4 24 | $711.6M | $165.8M | ||
| Q3 24 | $563.5M | $161.2M | ||
| Q2 24 | $571.7M | $130.4M | ||
| Q1 24 | $566.8M | $22.6M |
总债务BGCLCII
| Q4 25 | $1.5B | $945.2M | ||
| Q3 25 | $1.8B | $947.8M | ||
| Q2 25 | $1.8B | $948.0M | ||
| Q1 25 | $1.1B | $938.3M | ||
| Q4 24 | $1.1B | $757.3M | ||
| Q3 24 | $1.4B | $822.5M | ||
| Q2 24 | $1.4B | $829.7M | ||
| Q1 24 | $945.0M | $855.3M |
股东权益BGCLCII
| Q4 25 | $972.5M | $1.4B | ||
| Q3 25 | $965.3M | $1.4B | ||
| Q2 25 | $930.5M | $1.4B | ||
| Q1 25 | $963.8M | $1.4B | ||
| Q4 24 | $898.5M | $1.4B | ||
| Q3 24 | $860.1M | $1.4B | ||
| Q2 24 | $858.1M | $1.4B | ||
| Q1 24 | $912.1M | $1.4B |
总资产BGCLCII
| Q4 25 | $4.4B | $3.2B | ||
| Q3 25 | $5.8B | $3.2B | ||
| Q2 25 | $4.9B | $3.2B | ||
| Q1 25 | $4.9B | $3.1B | ||
| Q4 24 | $3.6B | $2.9B | ||
| Q3 24 | $4.4B | $3.0B | ||
| Q2 24 | $4.3B | $3.0B | ||
| Q1 24 | $4.4B | $3.0B |
负债/权益比BGCLCII
| Q4 25 | 1.58× | 0.69× | ||
| Q3 25 | 1.90× | 0.70× | ||
| Q2 25 | 1.97× | 0.68× | ||
| Q1 25 | 1.19× | 0.69× | ||
| Q4 24 | 1.27× | 0.55× | ||
| Q3 24 | 1.68× | 0.58× | ||
| Q2 24 | 1.68× | 0.60× | ||
| Q1 24 | 1.04× | 0.63× |
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 | $180.4M | $78.9M |
| 自由现金流经营现金流 - 资本支出 | $175.1M | $64.3M |
| 自由现金流率自由现金流/营收 | 27.4% | 6.9% |
| 资本支出强度资本支出/营收 | 0.8% | 1.6% |
| 现金转化率经营现金流/净利润 | 12.55× | 4.22× |
| 过去12个月自由现金流最近4个季度 | $372.9M | $278.3M |
8季度趋势，按日历期对齐
经营现金流BGCLCII
| Q4 25 | $180.4M | $78.9M | ||
| Q3 25 | $141.9M | $97.2M | ||
| Q2 25 | $71.2M | $112.2M | ||
| Q1 25 | $839.0K | $42.7M | ||
| Q4 24 | $251.9M | $106.6M | ||
| Q3 24 | $88.3M | $78.4M | ||
| Q2 24 | $-53.0M | $192.9M | ||
| Q1 24 | $28.1M | $-7.7M |
自由现金流BGCLCII
| Q4 25 | $175.1M | $64.3M | ||
| Q3 25 | $137.2M | $80.9M | ||
| Q2 25 | $65.0M | $99.5M | ||
| Q1 25 | $-4.4M | $33.7M | ||
| Q4 24 | $245.6M | $95.7M | ||
| Q3 24 | $78.8M | $68.3M | ||
| Q2 24 | $-63.5M | $180.2M | ||
| Q1 24 | $24.9M | $-16.3M |
自由现金流率BGCLCII
| Q4 25 | 27.4% | 6.9% | ||
| Q3 25 | 22.1% | 7.8% | ||
| Q2 25 | 10.0% | 9.0% | ||
| Q1 25 | -0.8% | 3.2% | ||
| Q4 24 | 51.7% | 11.9% | ||
| Q3 24 | 17.5% | 7.5% | ||
| Q2 24 | -14.6% | 17.1% | ||
| Q1 24 | 5.5% | -1.7% |
资本支出强度BGCLCII
| Q4 25 | 0.8% | 1.6% | ||
| Q3 25 | 0.8% | 1.6% | ||
| Q2 25 | 1.0% | 1.2% | ||
| Q1 25 | 1.0% | 0.9% | ||
| Q4 24 | 1.3% | 1.4% | ||
| Q3 24 | 2.1% | 1.1% | ||
| Q2 24 | 2.4% | 1.2% | ||
| Q1 24 | 0.7% | 0.9% |
现金转化率BGCLCII
| Q4 25 | 12.55× | 4.22× | ||
| Q3 25 | 5.09× | 1.55× | ||
| Q2 25 | 1.24× | 1.95× | ||
| Q1 25 | 0.02× | 0.86× | ||
| Q4 24 | 9.99× | 11.17× | ||
| Q3 24 | 5.99× | 2.20× | ||
| Q2 24 | -1.40× | 3.15× | ||
| Q1 24 | 0.57× | -0.21× |
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
BGC
| Commissions | $590.2M | 92% |
| Data Software And Post Trade | $36.7M | 6% |
| Fees From Related Parties | $4.6M | 1% |
LCII
| Travel Trailer And Fifth Wheels | $378.4M | 41% |
| Chassis Chassis Partsand Slideout Mechanisms | $206.1M | 22% |
| Furnitureand Mattresses | $120.4M | 13% |
| Appliances | $69.9M | 7% |
| Other Products | $69.1M | 7% |
| Axlesand Suspension Solutions | $62.3M | 7% |
| Motorhomes | $34.2M | 4% |
