vs
COPT DEFENSE PROPERTIES（CDP）与莱迪思半导体（LSCC）财务数据对比。点击上方公司名可切换其他公司
COPT DEFENSE PROPERTIES的季度营收约是莱迪思半导体的1.4倍（$197.4M vs $145.8M），COPT DEFENSE PROPERTIES净利率更高（20.0% vs -5.2%，领先25.2%），莱迪思半导体同比增速更快（9.3% vs 7.6%），COPT DEFENSE PROPERTIES自由现金流更多（$288.9M vs $44.0M），过去两年莱迪思半导体的营收复合增速更高（8.4% vs 1.1%）
COPT Defense Properties是一家专业房地产投资信托基金，重点投资写字楼物业，资产主要布局于华盛顿大都会区的近郊区域，核心租户为美国政府及国防军工行业企业。截至2024年12月31日，公司旗下共持有164栋写字楼，总面积达1650万平方英尺，同时运营31个单租户数据中心，总面积590万平方英尺。
莱迪思半导体是美国专注于低功耗现场可编程门阵列（FPGA）设计制造的半导体企业，1983年成立，1989年上市，总部位于俄勒冈州希尔斯伯勒硅林区，在圣何塞、上海、马尼拉、槟城、新加坡等地设有运营网点，截至2022年员工超1000人，年营收超6.6亿美元。
CDP vs LSCC — 直观对比
营收规模更大
CDP
是对方的1.4倍
$145.8M
营收增速更快
LSCC
高出1.7%
7.6%
净利率更高
CDP
高出25.2%
-5.2%
自由现金流更多
CDP
多$244.9M
$44.0M
两年增速更快
LSCC
近两年复合增速
1.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $197.4M | $145.8M |
| 净利润 | $39.4M | $-7.6M |
| 毛利率 | — | 68.5% |
| 营业利润率 | 19.9% | 30.7% |
| 净利率 | 20.0% | -5.2% |
| 营收同比 | 7.6% | 9.3% |
| 净利润同比 | 8.0% | 14.6% |
| 每股收益（稀释后） | $0.32 | $-0.06 |
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CDPLSCC
| Q1 26 | — | $145.8M | ||
| Q4 25 | $197.4M | — | ||
| Q3 25 | $188.8M | $133.3M | ||
| Q2 25 | $189.9M | $124.0M | ||
| Q1 25 | $187.9M | $120.2M | ||
| Q4 24 | $183.4M | $117.4M | ||
| Q3 24 | $189.2M | $127.1M | ||
| Q2 24 | $187.3M | $124.1M |
净利润CDPLSCC
| Q1 26 | — | $-7.6M | ||
| Q4 25 | $39.4M | — | ||
| Q3 25 | $43.7M | $2.8M | ||
| Q2 25 | $40.2M | $2.9M | ||
| Q1 25 | $36.2M | $5.0M | ||
| Q4 24 | $36.5M | $16.5M | ||
| Q3 24 | $37.4M | $7.2M | ||
| Q2 24 | $36.4M | $22.6M |
毛利率CDPLSCC
| Q1 26 | — | 68.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 67.9% | ||
| Q2 25 | — | 68.4% | ||
| Q1 25 | — | 68.0% | ||
| Q4 24 | — | 61.1% | ||
| Q3 24 | — | 69.0% | ||
| Q2 24 | — | 68.3% |
营业利润率CDPLSCC
| Q1 26 | — | 0.7% | ||
| Q4 25 | 19.9% | — | ||
| Q3 25 | 22.5% | -1.2% | ||
| Q2 25 | 21.0% | 3.8% | ||
| Q1 25 | 19.1% | 5.8% | ||
| Q4 24 | 19.7% | -10.4% | ||
| Q3 24 | 19.8% | 5.9% | ||
| Q2 24 | 19.4% | 18.2% |
净利率CDPLSCC
| Q1 26 | — | -5.2% | ||
| Q4 25 | 20.0% | — | ||
| Q3 25 | 23.2% | 2.1% | ||
| Q2 25 | 21.1% | 2.3% | ||
| Q1 25 | 19.3% | 4.2% | ||
| Q4 24 | 19.9% | 14.1% | ||
| Q3 24 | 19.8% | 5.7% | ||
| Q2 24 | 19.4% | 18.2% |
每股收益（稀释后）CDPLSCC
| Q1 26 | — | $-0.06 | ||
| Q4 25 | $0.32 | — | ||
| Q3 25 | $0.37 | $0.02 | ||
| Q2 25 | $0.34 | $0.02 | ||
| Q1 25 | $0.31 | $0.04 | ||
| Q4 24 | $0.31 | $0.12 | ||
| Q3 24 | $0.32 | $0.05 | ||
| Q2 24 | $0.31 | $0.16 |
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 | $275.0M | $133.9M |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $1.5B | $714.1M |
| 总资产 | $4.7B | — |
| 负债/权益比越低杠杆越低 | 1.83× | — |
8季度趋势，按日历期对齐
现金及短期投资CDPLSCC
| Q1 26 | — | $133.9M | ||
| Q4 25 | $275.0M | — | ||
| Q3 25 | $23.7M | $117.9M | ||
| Q2 25 | $21.3M | $107.2M | ||
| Q1 25 | $24.3M | $127.6M | ||
| Q4 24 | $38.3M | $136.3M | ||
| Q3 24 | $34.5M | $124.3M | ||
| Q2 24 | $100.4M | $109.2M |
总债务CDPLSCC
| Q1 26 | — | — | ||
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — |
股东权益CDPLSCC
| Q1 26 | — | $714.1M | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | $706.4M | ||
| Q2 25 | $1.5B | $687.0M | ||
| Q1 25 | $1.5B | $707.9M | ||
| Q4 24 | $1.5B | $710.9M | ||
| Q3 24 | $1.5B | $703.5M | ||
| Q2 24 | $1.5B | $698.8M |
总资产CDPLSCC
| Q1 26 | — | $883.1M | ||
| Q4 25 | $4.7B | — | ||
| Q3 25 | $4.4B | $844.4M | ||
| Q2 25 | $4.3B | $808.6M | ||
| Q1 25 | $4.3B | $823.6M | ||
| Q4 24 | $4.3B | $843.9M | ||
| Q3 24 | $4.2B | $853.7M | ||
| Q2 24 | $4.2B | $827.5M |
负债/权益比CDPLSCC
| Q1 26 | — | — | ||
| Q4 25 | 1.83× | — | ||
| Q3 25 | 1.62× | — | ||
| Q2 25 | 1.63× | — | ||
| Q1 25 | 1.62× | — | ||
| Q4 24 | 1.60× | — | ||
| Q3 24 | 1.61× | — | ||
| Q2 24 | 1.61× | — |
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 | $309.9M | $57.6M |
| 自由现金流经营现金流 - 资本支出 | $288.9M | $44.0M |
| 自由现金流率自由现金流/营收 | 146.4% | 30.2% |
| 资本支出强度资本支出/营收 | 10.7% | — |
| 现金转化率经营现金流/净利润 | 7.87× | — |
| 过去12个月自由现金流最近4个季度 | $501.5M | $153.3M |
8季度趋势，按日历期对齐
经营现金流CDPLSCC
| Q1 26 | — | $57.6M | ||
| Q4 25 | $309.9M | — | ||
| Q3 25 | $68.6M | $47.1M | ||
| Q2 25 | $87.9M | $38.5M | ||
| Q1 25 | $72.1M | $31.9M | ||
| Q4 24 | $331.0M | $45.4M | ||
| Q3 24 | $65.1M | $44.0M | ||
| Q2 24 | $93.8M | $21.9M |
自由现金流CDPLSCC
| Q1 26 | — | $44.0M | ||
| Q4 25 | $288.9M | — | ||
| Q3 25 | $62.9M | $34.0M | ||
| Q2 25 | $84.5M | $31.3M | ||
| Q1 25 | $65.1M | $23.3M | ||
| Q4 24 | $299.6M | $39.7M | ||
| Q3 24 | $61.0M | $39.4M | ||
| Q2 24 | $88.4M | $14.8M |
自由现金流率CDPLSCC
| Q1 26 | — | 30.2% | ||
| Q4 25 | 146.4% | — | ||
| Q3 25 | 33.3% | 25.5% | ||
| Q2 25 | 44.5% | 25.2% | ||
| Q1 25 | 34.7% | 19.4% | ||
| Q4 24 | 163.3% | 33.8% | ||
| Q3 24 | 32.3% | 31.0% | ||
| Q2 24 | 47.2% | 11.9% |
资本支出强度CDPLSCC
| Q1 26 | — | 9.3% | ||
| Q4 25 | 10.7% | — | ||
| Q3 25 | 3.0% | 9.8% | ||
| Q2 25 | 1.8% | 5.8% | ||
| Q1 25 | 3.7% | 7.2% | ||
| Q4 24 | 17.1% | 4.9% | ||
| Q3 24 | 2.1% | 3.7% | ||
| Q2 24 | 2.9% | 5.8% |
现金转化率CDPLSCC
| Q1 26 | — | — | ||
| Q4 25 | 7.87× | — | ||
| Q3 25 | 1.57× | 16.86× | ||
| Q2 25 | 2.19× | 13.23× | ||
| Q1 25 | 1.99× | 6.35× | ||
| Q4 24 | 9.08× | 2.75× | ||
| Q3 24 | 1.74× | 6.12× | ||
| Q2 24 | 2.58× | 0.97× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
