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科慕（CC）与Life Time Group Holdings, Inc.（LTH）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Life Time Group Holdings, Inc.的1.8倍（$1.3B vs $745.1M），Life Time Group Holdings, Inc.净利率更高（16.5% vs -3.5%，领先20.0%），Life Time Group Holdings, Inc.同比增速更快（12.3% vs -2.1%），科慕自由现金流更多（$92.0M vs $-64.6M），过去两年Life Time Group Holdings, Inc.的营收复合增速更高（11.7% 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。
Life Time Group Holdings是美国高端健身康养服务运营商，在全美运营连锁高端运动场馆，提供健身器材使用、团体课程、私教指导、SPA护理、营养咨询、青少年运动项目及联合办公等服务，服务于追求健康生活方式的消费群体。
CC vs LTH — 直观对比
营收规模更大
CC
是对方的1.8倍
$745.1M
营收增速更快
LTH
高出14.4%
-2.1%
净利率更高
LTH
高出20.0%
-3.5%
自由现金流更多
CC
多$156.6M
$-64.6M
两年增速更快
LTH
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $745.1M |
| 净利润 | $-47.0M | $123.0M |
| 毛利率 | 11.7% | 49.1% |
| 营业利润率 | — | 17.4% |
| 净利率 | -3.5% | 16.5% |
| 营收同比 | -2.1% | 12.3% |
| 净利润同比 | -261.5% | 231.0% |
| 每股收益（稀释后） | $-0.32 | $0.55 |
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CCLTH
| Q4 25 | $1.3B | $745.1M | ||
| Q3 25 | $1.5B | $782.6M | ||
| Q2 25 | $1.6B | $761.5M | ||
| Q1 25 | $1.4B | $706.0M | ||
| Q4 24 | $1.4B | $663.3M | ||
| Q3 24 | $1.5B | $693.2M | ||
| Q2 24 | $1.6B | $667.8M | ||
| Q1 24 | $1.4B | $596.7M |
净利润CCLTH
| Q4 25 | $-47.0M | $123.0M | ||
| Q3 25 | $46.0M | $102.4M | ||
| Q2 25 | $-380.0M | $72.1M | ||
| Q1 25 | $-5.0M | $76.1M | ||
| Q4 24 | $-13.0M | $37.2M | ||
| Q3 24 | $-32.0M | $41.4M | ||
| Q2 24 | $60.0M | $52.8M | ||
| Q1 24 | $54.0M | $24.9M |
毛利率CCLTH
| Q4 25 | 11.7% | 49.1% | ||
| Q3 25 | 15.6% | 47.1% | ||
| Q2 25 | 17.2% | 47.0% | ||
| Q1 25 | 17.3% | 47.5% | ||
| Q4 24 | 19.4% | 48.2% | ||
| Q3 24 | 19.0% | 46.5% | ||
| Q2 24 | 19.8% | 46.8% | ||
| Q1 24 | 20.9% | 46.1% |
营业利润率CCLTH
| Q4 25 | — | 17.4% | ||
| Q3 25 | 2.5% | 17.3% | ||
| Q2 25 | -15.4% | 14.2% | ||
| Q1 25 | — | 15.2% | ||
| Q4 24 | -0.1% | 13.1% | ||
| Q3 24 | -2.1% | 13.5% | ||
| Q2 24 | 4.4% | 15.7% | ||
| Q1 24 | 5.1% | 12.1% |
净利率CCLTH
| Q4 25 | -3.5% | 16.5% | ||
| Q3 25 | 3.1% | 13.1% | ||
| Q2 25 | -23.5% | 9.5% | ||
| Q1 25 | -0.4% | 10.8% | ||
| Q4 24 | -1.0% | 5.6% | ||
| Q3 24 | -2.1% | 6.0% | ||
| Q2 24 | 3.9% | 7.9% | ||
| Q1 24 | 4.0% | 4.2% |
每股收益（稀释后）CCLTH
| Q4 25 | $-0.32 | $0.55 | ||
| Q3 25 | $0.31 | $0.45 | ||
| Q2 25 | $-2.53 | $0.32 | ||
| Q1 25 | $-0.03 | $0.34 | ||
| Q4 24 | $-0.07 | $0.17 | ||
| Q3 24 | $-0.22 | $0.19 | ||
| Q2 24 | $0.39 | $0.26 | ||
| Q1 24 | $0.36 | $0.12 |
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 | $204.8M |
| 总债务越低越好 | $4.1B | $1.5B |
| 股东权益账面价值 | $250.0M | $3.1B |
| 总资产 | $7.4B | $8.0B |
| 负债/权益比越低杠杆越低 | 16.40× | 0.48× |
8季度趋势，按日历期对齐
现金及短期投资CCLTH
| Q4 25 | $670.0M | $204.8M | ||
| Q3 25 | $613.0M | $218.9M | ||
| Q2 25 | $502.0M | $175.5M | ||
| Q1 25 | $464.0M | $59.0M | ||
| Q4 24 | $713.0M | $10.9M | ||
| Q3 24 | $596.0M | $120.9M | ||
| Q2 24 | $604.0M | $34.5M | ||
| Q1 24 | $746.0M | $18.6M |
总债务CCLTH
| Q4 25 | $4.1B | $1.5B | ||
| Q3 25 | $4.1B | $1.5B | ||
| Q2 25 | $4.1B | $1.5B | ||
| Q1 25 | $4.1B | $1.5B | ||
| Q4 24 | $4.1B | $1.5B | ||
| Q3 24 | $4.0B | $1.7B | ||
| Q2 24 | $4.0B | $1.8B | ||
| Q1 24 | $4.0B | $2.0B |
股东权益CCLTH
| Q4 25 | $250.0M | $3.1B | ||
| Q3 25 | $274.0M | $3.0B | ||
| Q2 25 | $228.0M | $2.9B | ||
| Q1 25 | $566.0M | $2.7B | ||
| Q4 24 | $571.0M | $2.6B | ||
| Q3 24 | $643.0M | $2.6B | ||
| Q2 24 | $714.0M | $2.4B | ||
| Q1 24 | $753.0M | $2.3B |
总资产CCLTH
| Q4 25 | $7.4B | $8.0B | ||
| Q3 25 | $7.5B | $7.8B | ||
| Q2 25 | $7.5B | $7.6B | ||
| Q1 25 | $7.4B | $7.3B | ||
| Q4 24 | $7.5B | $7.2B | ||
| Q3 24 | $7.5B | $7.2B | ||
| Q2 24 | $7.2B | $7.1B | ||
| Q1 24 | $8.0B | $7.1B |
负债/权益比CCLTH
| Q4 25 | 16.40× | 0.48× | ||
| Q3 25 | 14.96× | 0.51× | ||
| Q2 25 | 17.99× | 0.53× | ||
| Q1 25 | 7.18× | 0.56× | ||
| Q4 24 | 7.11× | 0.59× | ||
| Q3 24 | 6.20× | 0.64× | ||
| Q2 24 | 5.53× | 0.78× | ||
| Q1 24 | 5.27× | 0.87× |
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 | $239.9M |
| 自由现金流经营现金流 - 资本支出 | $92.0M | $-64.6M |
| 自由现金流率自由现金流/营收 | 6.9% | -8.7% |
| 资本支出强度资本支出/营收 | 3.4% | 40.9% |
| 现金转化率经营现金流/净利润 | — | 1.95× |
| 过去12个月自由现金流最近4个季度 | $51.0M | $-21.0M |
8季度趋势，按日历期对齐
经营现金流CCLTH
| Q4 25 | $137.0M | $239.9M | ||
| Q3 25 | $146.0M | $251.1M | ||
| Q2 25 | $93.0M | $195.7M | ||
| Q1 25 | $-112.0M | $183.9M | ||
| Q4 24 | $138.0M | $163.1M | ||
| Q3 24 | $139.0M | $151.1M | ||
| Q2 24 | $-620.0M | $170.4M | ||
| Q1 24 | $-290.0M | $90.4M |
自由现金流CCLTH
| Q4 25 | $92.0M | $-64.6M | ||
| Q3 25 | $105.0M | $28.6M | ||
| Q2 25 | $50.0M | $-26.3M | ||
| Q1 25 | $-196.0M | $41.4M | ||
| Q4 24 | $29.0M | $26.8M | ||
| Q3 24 | $63.0M | $64.0M | ||
| Q2 24 | $-693.0M | $26.1M | ||
| Q1 24 | $-392.0M | $-66.4M |
自由现金流率CCLTH
| Q4 25 | 6.9% | -8.7% | ||
| Q3 25 | 7.0% | 3.7% | ||
| Q2 25 | 3.1% | -3.5% | ||
| Q1 25 | -14.3% | 5.9% | ||
| Q4 24 | 2.1% | 4.0% | ||
| Q3 24 | 4.2% | 9.2% | ||
| Q2 24 | -44.6% | 3.9% | ||
| Q1 24 | -28.8% | -11.1% |
资本支出强度CCLTH
| Q4 25 | 3.4% | 40.9% | ||
| Q3 25 | 2.7% | 28.4% | ||
| Q2 25 | 2.7% | 29.2% | ||
| Q1 25 | 6.1% | 20.2% | ||
| Q4 24 | 8.0% | 20.6% | ||
| Q3 24 | 5.0% | 12.6% | ||
| Q2 24 | 4.7% | 21.6% | ||
| Q1 24 | 7.5% | 26.3% |
现金转化率CCLTH
| Q4 25 | — | 1.95× | ||
| Q3 25 | 3.17× | 2.45× | ||
| Q2 25 | — | 2.71× | ||
| Q1 25 | — | 2.41× | ||
| Q4 24 | — | 4.39× | ||
| Q3 24 | — | 3.65× | ||
| Q2 24 | -10.33× | 3.23× | ||
| Q1 24 | -5.37× | 3.63× |
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% |
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |
