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科慕（CC）与罗技（LOGI）财务数据对比。点击上方公司名可切换其他公司
罗技的季度营收约是科慕的1.1倍（$1.4B vs $1.3B），罗技净利率更高（17.7% vs -3.5%，领先21.2%），罗技同比增速更快（6.1% vs -2.1%），罗技自由现金流更多（$465.6M vs $92.0M），过去两年罗技的营收复合增速更高（18.5% 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。
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。
CC vs LOGI — 直观对比
营收规模更大
LOGI
是对方的1.1倍
$1.3B
营收增速更快
LOGI
高出8.1%
-2.1%
净利率更高
LOGI
高出21.2%
-3.5%
自由现金流更多
LOGI
多$373.6M
$92.0M
两年增速更快
LOGI
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.4B |
| 净利润 | $-47.0M | $251.0M |
| 毛利率 | 11.7% | 43.2% |
| 营业利润率 | — | 20.1% |
| 净利率 | -3.5% | 17.7% |
| 营收同比 | -2.1% | 6.1% |
| 净利润同比 | -261.5% | 25.4% |
| 每股收益（稀释后） | $-0.32 | $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CCLOGI
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.6B | $1.1B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.6B | $1.1B | ||
| Q1 24 | $1.4B | $1.0B |
净利润CCLOGI
| Q4 25 | $-47.0M | $251.0M | ||
| Q3 25 | $46.0M | $170.7M | ||
| Q2 25 | $-380.0M | $146.0M | ||
| Q1 25 | $-5.0M | $144.1M | ||
| Q4 24 | $-13.0M | $200.1M | ||
| Q3 24 | $-32.0M | $145.5M | ||
| Q2 24 | $60.0M | $141.8M | ||
| Q1 24 | $54.0M | $167.6M |
毛利率CCLOGI
| Q4 25 | 11.7% | 43.2% | ||
| Q3 25 | 15.6% | 43.4% | ||
| Q2 25 | 17.2% | 41.7% | ||
| Q1 25 | 17.3% | 43.1% | ||
| Q4 24 | 19.4% | 42.9% | ||
| Q3 24 | 19.0% | 43.6% | ||
| Q2 24 | 19.8% | 42.8% | ||
| Q1 24 | 20.9% | 43.2% |
营业利润率CCLOGI
| Q4 25 | — | 20.1% | ||
| Q3 25 | 2.5% | 16.1% | ||
| Q2 25 | -15.4% | 14.1% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | -0.1% | 17.5% | ||
| Q3 24 | -2.1% | 14.4% | ||
| Q2 24 | 4.4% | 14.1% | ||
| Q1 24 | 5.1% | 12.9% |
净利率CCLOGI
| Q4 25 | -3.5% | 17.7% | ||
| Q3 25 | 3.1% | 14.4% | ||
| Q2 25 | -23.5% | 12.7% | ||
| Q1 25 | -0.4% | 14.3% | ||
| Q4 24 | -1.0% | 14.9% | ||
| Q3 24 | -2.1% | 13.0% | ||
| Q2 24 | 3.9% | 13.0% | ||
| Q1 24 | 4.0% | 16.6% |
每股收益（稀释后）CCLOGI
| Q4 25 | $-0.32 | $1.69 | ||
| Q3 25 | $0.31 | $1.15 | ||
| Q2 25 | $-2.53 | $0.98 | ||
| Q1 25 | $-0.03 | $0.94 | ||
| Q4 24 | $-0.07 | $1.32 | ||
| Q3 24 | $-0.22 | $0.95 | ||
| Q2 24 | $0.39 | $0.92 | ||
| Q1 24 | $0.36 | $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 | $670.0M | $1.8B |
| 总债务越低越好 | $4.1B | — |
| 股东权益账面价值 | $250.0M | $2.3B |
| 总资产 | $7.4B | $4.1B |
| 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CCLOGI
| Q4 25 | $670.0M | $1.8B | ||
| Q3 25 | $613.0M | $1.4B | ||
| Q2 25 | $502.0M | $1.5B | ||
| Q1 25 | $464.0M | $1.5B | ||
| Q4 24 | $713.0M | $1.5B | ||
| Q3 24 | $596.0M | $1.4B | ||
| Q2 24 | $604.0M | $1.5B | ||
| Q1 24 | $746.0M | $1.5B |
总债务CCLOGI
| 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CCLOGI
| Q4 25 | $250.0M | $2.3B | ||
| Q3 25 | $274.0M | $2.1B | ||
| Q2 25 | $228.0M | $2.2B | ||
| Q1 25 | $566.0M | $2.1B | ||
| Q4 24 | $571.0M | $2.1B | ||
| Q3 24 | $643.0M | $2.1B | ||
| Q2 24 | $714.0M | $2.2B | ||
| Q1 24 | $753.0M | $2.2B |
总资产CCLOGI
| Q4 25 | $7.4B | $4.1B | ||
| Q3 25 | $7.5B | $3.7B | ||
| Q2 25 | $7.5B | $3.7B | ||
| Q1 25 | $7.4B | $3.5B | ||
| Q4 24 | $7.5B | $3.7B | ||
| Q3 24 | $7.5B | $3.6B | ||
| Q2 24 | $7.2B | $3.7B | ||
| Q1 24 | $8.0B | $3.6B |
负债/权益比CCLOGI
| 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 | $480.5M |
| 自由现金流经营现金流 - 资本支出 | $92.0M | $465.6M |
| 自由现金流率自由现金流/营收 | 6.9% | 32.8% |
| 资本支出强度资本支出/营收 | 3.4% | 1.0% |
| 现金转化率经营现金流/净利润 | — | 1.91× |
| 过去12个月自由现金流最近4个季度 | $51.0M | $903.6M |
8季度趋势，按日历期对齐
经营现金流CCLOGI
| Q4 25 | $137.0M | $480.5M | ||
| Q3 25 | $146.0M | $228.8M | ||
| Q2 25 | $93.0M | $125.0M | ||
| Q1 25 | $-112.0M | $129.7M | ||
| Q4 24 | $138.0M | $370.9M | ||
| Q3 24 | $139.0M | $166.0M | ||
| Q2 24 | $-620.0M | $176.0M | ||
| Q1 24 | $-290.0M | $239.1M |
自由现金流CCLOGI
| Q4 25 | $92.0M | $465.6M | ||
| Q3 25 | $105.0M | $212.3M | ||
| Q2 25 | $50.0M | $108.8M | ||
| Q1 25 | $-196.0M | $116.9M | ||
| Q4 24 | $29.0M | $356.6M | ||
| Q3 24 | $63.0M | $151.5M | ||
| Q2 24 | $-693.0M | $161.4M | ||
| Q1 24 | $-392.0M | $228.8M |
自由现金流率CCLOGI
| Q4 25 | 6.9% | 32.8% | ||
| Q3 25 | 7.0% | 17.9% | ||
| Q2 25 | 3.1% | 9.5% | ||
| Q1 25 | -14.3% | 11.6% | ||
| Q4 24 | 2.1% | 26.6% | ||
| Q3 24 | 4.2% | 13.6% | ||
| Q2 24 | -44.6% | 14.8% | ||
| Q1 24 | -28.8% | 22.6% |
资本支出强度CCLOGI
| Q4 25 | 3.4% | 1.0% | ||
| Q3 25 | 2.7% | 1.4% | ||
| Q2 25 | 2.7% | 1.4% | ||
| Q1 25 | 6.1% | 1.3% | ||
| Q4 24 | 8.0% | 1.1% | ||
| Q3 24 | 5.0% | 1.3% | ||
| Q2 24 | 4.7% | 1.3% | ||
| Q1 24 | 7.5% | 1.0% |
现金转化率CCLOGI
| Q4 25 | — | 1.91× | ||
| Q3 25 | 3.17× | 1.34× | ||
| Q2 25 | — | 0.86× | ||
| Q1 25 | — | 0.90× | ||
| Q4 24 | — | 1.85× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | -10.33× | 1.24× | ||
| Q1 24 | -5.37× | 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
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% |
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% |
