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BGC Group, Inc.（BGC）与LOUISIANA-PACIFIC CORP（LPX）财务数据对比。点击上方公司名可切换其他公司
BGC Group, Inc.的季度营收约是LOUISIANA-PACIFIC CORP的1.7倍（$955.5M vs $566.0M），BGC Group, Inc.净利率更高（8.4% vs -1.4%，领先9.9%），BGC Group, Inc.同比增速更快（43.8% vs -16.9%），过去两年BGC Group, Inc.的营收复合增速更高（48.2% vs -11.6%）
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。
路易斯安那-太平洋公司（简称LP）是美国知名建材制造商，成立于1973年，是美国定向结构刨花板（OSB）生产的开创者，总部现位于田纳西州纳什维尔。作为全球最大的OSB生产商，公司还生产工程木建材产品，通过建材分销商、经销商及家居零售中心向建筑商和业主供货。
BGC vs LPX — 直观对比
营收规模更大
BGC
是对方的1.7倍
$566.0M
营收增速更快
BGC
高出60.7%
-16.9%
净利率更高
BGC
高出9.9%
-1.4%
两年增速更快
BGC
近两年复合增速
-11.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $955.5M | $566.0M |
| 净利润 | $80.6M | $-8.0M |
| 毛利率 | — | 15.0% |
| 营业利润率 | — | -1.6% |
| 净利率 | 8.4% | -1.4% |
| 营收同比 | 43.8% | -16.9% |
| 净利润同比 | — | -112.9% |
| 每股收益（稀释后） | $0.17 | $-0.12 |
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BGCLPX
| Q1 26 | $955.5M | — | ||
| Q4 25 | $638.6M | $566.0M | ||
| Q3 25 | $620.8M | $663.0M | ||
| Q2 25 | $648.0M | $755.0M | ||
| Q1 25 | $534.6M | $724.0M | ||
| Q4 24 | $475.2M | $681.0M | ||
| Q3 24 | $448.9M | $722.0M | ||
| Q2 24 | $435.0M | $814.0M |
净利润BGCLPX
| Q1 26 | $80.6M | — | ||
| Q4 25 | $14.4M | $-8.0M | ||
| Q3 25 | $27.9M | $9.0M | ||
| Q2 25 | $57.5M | $54.0M | ||
| Q1 25 | $55.2M | $91.0M | ||
| Q4 24 | $25.2M | $62.0M | ||
| Q3 24 | $14.7M | $90.0M | ||
| Q2 24 | $37.8M | $160.0M |
毛利率BGCLPX
| Q1 26 | — | — | ||
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 19.5% | ||
| Q2 25 | — | 23.6% | ||
| Q1 25 | — | 27.2% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 32.3% |
营业利润率BGCLPX
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | -1.6% | ||
| Q3 25 | 5.4% | 2.7% | ||
| Q2 25 | 11.6% | 10.6% | ||
| Q1 25 | 15.0% | 16.6% | ||
| Q4 24 | 5.7% | 11.0% | ||
| Q3 24 | 4.4% | 16.1% | ||
| Q2 24 | 12.7% | 23.8% |
净利率BGCLPX
| Q1 26 | 8.4% | — | ||
| Q4 25 | 2.3% | -1.4% | ||
| Q3 25 | 4.5% | 1.4% | ||
| Q2 25 | 8.9% | 7.2% | ||
| Q1 25 | 10.3% | 12.6% | ||
| Q4 24 | 5.3% | 9.1% | ||
| Q3 24 | 3.3% | 12.5% | ||
| Q2 24 | 8.7% | 19.7% |
每股收益（稀释后）BGCLPX
| Q1 26 | $0.17 | — | ||
| Q4 25 | $0.03 | $-0.12 | ||
| Q3 25 | $0.06 | $0.13 | ||
| Q2 25 | $0.11 | $0.77 | ||
| Q1 25 | $0.11 | $1.30 | ||
| Q4 24 | $0.04 | $0.90 | ||
| Q3 24 | $0.03 | $1.28 | ||
| Q2 24 | $0.08 | $2.23 |
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 | $781.0M | $292.0M |
| 总债务越低越好 | — | $348.0M |
| 股东权益账面价值 | $1.1B | $1.7B |
| 总资产 | $5.9B | $2.6B |
| 负债/权益比越低杠杆越低 | — | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资BGCLPX
| Q1 26 | $781.0M | — | ||
| Q4 25 | $851.5M | $292.0M | ||
| Q3 25 | $774.9M | $316.0M | ||
| Q2 25 | $827.8M | $333.0M | ||
| Q1 25 | $966.4M | $256.0M | ||
| Q4 24 | $711.6M | $340.0M | ||
| Q3 24 | $563.5M | $346.0M | ||
| Q2 24 | $571.7M | $317.0M |
总债务BGCLPX
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $348.0M | ||
| Q3 25 | $1.8B | $348.0M | ||
| Q2 25 | $1.8B | $348.0M | ||
| Q1 25 | $1.1B | $348.0M | ||
| Q4 24 | $1.1B | $348.0M | ||
| Q3 24 | $1.4B | $347.0M | ||
| Q2 24 | $1.4B | $347.0M |
股东权益BGCLPX
| Q1 26 | $1.1B | — | ||
| Q4 25 | $972.5M | $1.7B | ||
| Q3 25 | $965.3M | $1.7B | ||
| Q2 25 | $930.5M | $1.7B | ||
| Q1 25 | $963.8M | $1.7B | ||
| Q4 24 | $898.5M | $1.7B | ||
| Q3 24 | $860.1M | $1.7B | ||
| Q2 24 | $858.1M | $1.7B |
总资产BGCLPX
| Q1 26 | $5.9B | — | ||
| Q4 25 | $4.4B | $2.6B | ||
| Q3 25 | $5.8B | $2.6B | ||
| Q2 25 | $4.9B | $2.7B | ||
| Q1 25 | $4.9B | $2.6B | ||
| Q4 24 | $3.6B | $2.6B | ||
| Q3 24 | $4.4B | $2.6B | ||
| Q2 24 | $4.3B | $2.5B |
负债/权益比BGCLPX
| Q1 26 | — | — | ||
| Q4 25 | 1.58× | 0.20× | ||
| Q3 25 | 1.90× | 0.20× | ||
| Q2 25 | 1.97× | 0.20× | ||
| Q1 25 | 1.19× | 0.21× | ||
| Q4 24 | 1.27× | 0.21× | ||
| Q3 24 | 1.68× | 0.21× | ||
| Q2 24 | 1.68× | 0.21× |
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 | — | $67.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-8.0M |
| 自由现金流率自由现金流/营收 | — | -1.4% |
| 资本支出强度资本支出/营收 | — | 13.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $91.0M |
8季度趋势，按日历期对齐
经营现金流BGCLPX
| Q1 26 | — | — | ||
| Q4 25 | $180.4M | $67.0M | ||
| Q3 25 | $141.9M | $89.0M | ||
| Q2 25 | $71.2M | $162.0M | ||
| Q1 25 | $839.0K | $64.0M | ||
| Q4 24 | $251.9M | $105.0M | ||
| Q3 24 | $88.3M | $183.0M | ||
| Q2 24 | $-53.0M | $212.0M |
自由现金流BGCLPX
| Q1 26 | — | — | ||
| Q4 25 | $175.1M | $-8.0M | ||
| Q3 25 | $137.2M | $5.0M | ||
| Q2 25 | $65.0M | $94.0M | ||
| Q1 25 | $-4.4M | $0 | ||
| Q4 24 | $245.6M | $43.0M | ||
| Q3 24 | $78.8M | $139.0M | ||
| Q2 24 | $-63.5M | $176.0M |
自由现金流率BGCLPX
| Q1 26 | — | — | ||
| Q4 25 | 27.4% | -1.4% | ||
| Q3 25 | 22.1% | 0.8% | ||
| Q2 25 | 10.0% | 12.5% | ||
| Q1 25 | -0.8% | 0.0% | ||
| Q4 24 | 51.7% | 6.3% | ||
| Q3 24 | 17.5% | 19.3% | ||
| Q2 24 | -14.6% | 21.6% |
资本支出强度BGCLPX
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 13.3% | ||
| Q3 25 | 0.8% | 12.7% | ||
| Q2 25 | 1.0% | 9.0% | ||
| Q1 25 | 1.0% | 8.8% | ||
| Q4 24 | 1.3% | 9.1% | ||
| Q3 24 | 2.1% | 6.1% | ||
| Q2 24 | 2.4% | 4.4% |
现金转化率BGCLPX
| Q1 26 | — | — | ||
| Q4 25 | 12.55× | — | ||
| Q3 25 | 5.09× | 9.89× | ||
| Q2 25 | 1.24× | 3.00× | ||
| Q1 25 | 0.02× | 0.70× | ||
| Q4 24 | 9.99× | 1.69× | ||
| Q3 24 | 5.99× | 2.03× | ||
| Q2 24 | -1.40× | 1.32× |
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 | $752.9M | 79% |
| Principal transactions | $142.9M | 15% |
| Data, network and post-trade | $34.5M | 4% |
| Other revenues | $10.3M | 1% |
| Fees from related parties | $4.3M | 0% |
LPX
| OS Bvalueadd | $472.0M | 83% |
| Other | $84.0M | 15% |
| Otherproducts | $10.0M | 2% |
