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科慕（CC）与朗美通（LITE）财务数据对比。点击上方公司名可切换其他公司
科慕的季度营收约是朗美通的2.0倍（$1.3B vs $665.5M），朗美通净利率更高（11.8% vs -3.5%，领先15.3%），朗美通同比增速更快（65.5% vs -2.1%），科慕自由现金流更多（$92.0M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% vs -1.2%）
科慕公司是一家美国化工企业，2015年7月从杜邦分拆成立，总部位于美国特拉华州威尔明顿。公司主营产品包括具备不粘特性的知名品牌特氟龙（聚四氟乙烯PTFE）、二氧化钛以及制冷剂气体，在特种化工领域拥有深厚的技术积累。
朗美通控股（Lumentum Holdings Inc.）是全球知名光电产品供应商，前身为美国捷迪讯（JDSU）旗下光电器件及激光业务板块，2015年8月随捷迪讯分拆独立运营，总部位于美国加利福尼亚州米尔皮塔斯，主营光通信网络设备、激光器、定制光学解决方案等多元产品。
CC vs LITE — 直观对比
营收规模更大
CC
是对方的2.0倍
$665.5M
营收增速更快
LITE
高出67.5%
-2.1%
净利率更高
LITE
高出15.3%
-3.5%
自由现金流更多
CC
多$48.9M
$43.1M
两年增速更快
LITE
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $665.5M |
| 净利润 | $-47.0M | $78.2M |
| 毛利率 | 11.7% | 36.1% |
| 营业利润率 | — | 9.7% |
| 净利率 | -3.5% | 11.8% |
| 营收同比 | -2.1% | 65.5% |
| 净利润同比 | -261.5% | 228.4% |
| 每股收益（稀释后） | $-0.32 | $0.89 |
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CCLITE
| Q4 25 | $1.3B | $665.5M | ||
| Q3 25 | $1.5B | $533.8M | ||
| Q2 25 | $1.6B | $480.7M | ||
| Q1 25 | $1.4B | $425.2M | ||
| Q4 24 | $1.4B | $402.2M | ||
| Q3 24 | $1.5B | $336.9M | ||
| Q2 24 | $1.6B | $308.3M | ||
| Q1 24 | $1.4B | $366.5M |
净利润CCLITE
| Q4 25 | $-47.0M | $78.2M | ||
| Q3 25 | $46.0M | $4.2M | ||
| Q2 25 | $-380.0M | $213.3M | ||
| Q1 25 | $-5.0M | $-44.1M | ||
| Q4 24 | $-13.0M | $-60.9M | ||
| Q3 24 | $-32.0M | $-82.4M | ||
| Q2 24 | $60.0M | $-252.5M | ||
| Q1 24 | $54.0M | $-127.0M |
毛利率CCLITE
| Q4 25 | 11.7% | 36.1% | ||
| Q3 25 | 15.6% | 34.0% | ||
| Q2 25 | 17.2% | 33.3% | ||
| Q1 25 | 17.3% | 28.8% | ||
| Q4 24 | 19.4% | 24.8% | ||
| Q3 24 | 19.0% | 23.1% | ||
| Q2 24 | 19.8% | 16.6% | ||
| Q1 24 | 20.9% | 16.2% |
营业利润率CCLITE
| Q4 25 | — | 9.7% | ||
| Q3 25 | 2.5% | 1.3% | ||
| Q2 25 | -15.4% | -1.7% | ||
| Q1 25 | — | -8.9% | ||
| Q4 24 | -0.1% | -12.8% | ||
| Q3 24 | -2.1% | -24.5% | ||
| Q2 24 | 4.4% | -43.3% | ||
| Q1 24 | 5.1% | -31.3% |
净利率CCLITE
| Q4 25 | -3.5% | 11.8% | ||
| Q3 25 | 3.1% | 0.8% | ||
| Q2 25 | -23.5% | 44.4% | ||
| Q1 25 | -0.4% | -10.4% | ||
| Q4 24 | -1.0% | -15.1% | ||
| Q3 24 | -2.1% | -24.5% | ||
| Q2 24 | 3.9% | -81.9% | ||
| Q1 24 | 4.0% | -34.7% |
每股收益（稀释后）CCLITE
| Q4 25 | $-0.32 | $0.89 | ||
| Q3 25 | $0.31 | $0.05 | ||
| Q2 25 | $-2.53 | $3.10 | ||
| Q1 25 | $-0.03 | $-0.64 | ||
| Q4 24 | $-0.07 | $-0.88 | ||
| Q3 24 | $-0.22 | $-1.21 | ||
| Q2 24 | $0.39 | $-3.75 | ||
| Q1 24 | $0.36 | $-1.88 |
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 | $670.0M | $1.2B |
| 总债务越低越好 | $4.1B | — |
| 股东权益账面价值 | $250.0M | $846.6M |
| 总资产 | $7.4B | $4.8B |
| 负债/权益比越低杠杆越低 | 16.40× | — |
8季度趋势，按日历期对齐
现金及短期投资CCLITE
| Q4 25 | $670.0M | $1.2B | ||
| Q3 25 | $613.0M | $1.1B | ||
| Q2 25 | $502.0M | $877.1M | ||
| Q1 25 | $464.0M | $866.7M | ||
| Q4 24 | $713.0M | $896.7M | ||
| Q3 24 | $596.0M | $916.1M | ||
| Q2 24 | $604.0M | $887.0M | ||
| Q1 24 | $746.0M | $870.9M |
总债务CCLITE
| Q4 25 | $4.1B | — | ||
| Q3 25 | $4.1B | — | ||
| Q2 25 | $4.1B | — | ||
| Q1 25 | $4.1B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $4.0B | — | ||
| Q1 24 | $4.0B | — |
股东权益CCLITE
| Q4 25 | $250.0M | $846.6M | ||
| Q3 25 | $274.0M | $780.8M | ||
| Q2 25 | $228.0M | $1.1B | ||
| Q1 25 | $566.0M | $879.5M | ||
| Q4 24 | $571.0M | $872.3M | ||
| Q3 24 | $643.0M | $895.9M | ||
| Q2 24 | $714.0M | $957.3M | ||
| Q1 24 | $753.0M | $1.2B |
总资产CCLITE
| Q4 25 | $7.4B | $4.8B | ||
| Q3 25 | $7.5B | $4.6B | ||
| Q2 25 | $7.5B | $4.2B | ||
| Q1 25 | $7.4B | $4.0B | ||
| Q4 24 | $7.5B | $4.0B | ||
| Q3 24 | $7.5B | $4.0B | ||
| Q2 24 | $7.2B | $3.9B | ||
| Q1 24 | $8.0B | $4.2B |
负债/权益比CCLITE
| Q4 25 | 16.40× | — | ||
| Q3 25 | 14.96× | — | ||
| Q2 25 | 17.99× | — | ||
| Q1 25 | 7.18× | — | ||
| Q4 24 | 7.11× | — | ||
| Q3 24 | 6.20× | — | ||
| Q2 24 | 5.53× | — | ||
| Q1 24 | 5.27× | — |
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 | $137.0M | $126.7M |
| 自由现金流经营现金流 - 资本支出 | $92.0M | $43.1M |
| 自由现金流率自由现金流/营收 | 6.9% | 6.5% |
| 资本支出强度资本支出/营收 | 3.4% | 12.6% |
| 现金转化率经营现金流/净利润 | — | 1.62× |
| 过去12个月自由现金流最近4个季度 | $51.0M | $-29.5M |
8季度趋势，按日历期对齐
经营现金流CCLITE
| Q4 25 | $137.0M | $126.7M | ||
| Q3 25 | $146.0M | $57.9M | ||
| Q2 25 | $93.0M | $64.0M | ||
| Q1 25 | $-112.0M | $-1.6M | ||
| Q4 24 | $138.0M | $24.3M | ||
| Q3 24 | $139.0M | $39.6M | ||
| Q2 24 | $-620.0M | $35.5M | ||
| Q1 24 | $-290.0M | $-7.0M |
自由现金流CCLITE
| Q4 25 | $92.0M | $43.1M | ||
| Q3 25 | $105.0M | $-18.3M | ||
| Q2 25 | $50.0M | $10.1M | ||
| Q1 25 | $-196.0M | $-64.4M | ||
| Q4 24 | $29.0M | $-15.9M | ||
| Q3 24 | $63.0M | $-34.5M | ||
| Q2 24 | $-693.0M | $10.9M | ||
| Q1 24 | $-392.0M | $-26.6M |
自由现金流率CCLITE
| Q4 25 | 6.9% | 6.5% | ||
| Q3 25 | 7.0% | -3.4% | ||
| Q2 25 | 3.1% | 2.1% | ||
| Q1 25 | -14.3% | -15.1% | ||
| Q4 24 | 2.1% | -4.0% | ||
| Q3 24 | 4.2% | -10.2% | ||
| Q2 24 | -44.6% | 3.5% | ||
| Q1 24 | -28.8% | -7.3% |
资本支出强度CCLITE
| Q4 25 | 3.4% | 12.6% | ||
| Q3 25 | 2.7% | 14.3% | ||
| Q2 25 | 2.7% | 11.2% | ||
| Q1 25 | 6.1% | 14.8% | ||
| Q4 24 | 8.0% | 10.0% | ||
| Q3 24 | 5.0% | 22.0% | ||
| Q2 24 | 4.7% | 8.0% | ||
| Q1 24 | 7.5% | 5.3% |
现金转化率CCLITE
| Q4 25 | — | 1.62× | ||
| Q3 25 | 3.17× | 13.79× | ||
| Q2 25 | — | 0.30× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -10.33× | — | ||
| Q1 24 | -5.37× | — |
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
CC
| Titanium Technologies | $563.0M | 42% |
| Thermal And Specialized Solutions | $443.0M | 33% |
| Advanced Performance Materials | $312.0M | 23% |
| Other Non-Reportable Segment | $12.0M | 1% |
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
