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CULLEN/FROST BANKERS, INC.（CFR）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
朗美通的季度营收约是CULLEN/FROST BANKERS, INC.的1.1倍（$665.5M vs $580.9M），CULLEN/FROST BANKERS, INC.净利率更高（28.6% vs 11.8%，领先16.9%），朗美通同比增速更快（65.5% vs 8.3%），CULLEN/FROST BANKERS, INC.自由现金流更多（$127.3M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% vs 7.6%）
Frost Bank是总部位于美国圣安东尼奥的德克萨斯州特许银行，为银行控股公司卡伦/弗罗斯特银行家集团的核心子公司。其在得克萨斯州共设有200家营业网点、1750台自动柜员机，按总资产规模统计位列全美前60大银行之列。
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。
CFR vs LITE — 直观对比
营收规模更大
LITE
是对方的1.1倍
$580.9M
营收增速更快
LITE
高出57.2%
8.3%
净利率更高
CFR
高出16.9%
11.8%
自由现金流更多
CFR
多$84.2M
$43.1M
两年增速更快
LITE
近两年复合增速
7.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $580.9M | $665.5M |
| 净利润 | $166.3M | $78.2M |
| 毛利率 | — | 36.1% |
| 营业利润率 | 34.1% | 9.7% |
| 净利率 | 28.6% | 11.8% |
| 营收同比 | 8.3% | 65.5% |
| 净利润同比 | 7.4% | 228.4% |
| 每股收益（稀释后） | $2.56 | $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CFRLITE
| Q4 25 | $580.9M | $665.5M | ||
| Q3 25 | $567.3M | $533.8M | ||
| Q2 25 | $546.9M | $480.7M | ||
| Q1 25 | $540.2M | $425.2M | ||
| Q4 24 | $536.3M | $402.2M | ||
| Q3 24 | $518.0M | $336.9M | ||
| Q2 24 | $507.9M | $308.3M | ||
| Q1 24 | $501.4M | $366.5M |
净利润CFRLITE
| Q4 25 | $166.3M | $78.2M | ||
| Q3 25 | $174.4M | $4.2M | ||
| Q2 25 | $157.0M | $213.3M | ||
| Q1 25 | $150.9M | $-44.1M | ||
| Q4 24 | $154.9M | $-60.9M | ||
| Q3 24 | $146.5M | $-82.4M | ||
| Q2 24 | $145.5M | $-252.5M | ||
| Q1 24 | $135.7M | $-127.0M |
毛利率CFRLITE
| Q4 25 | — | 36.1% | ||
| Q3 25 | — | 34.0% | ||
| Q2 25 | — | 33.3% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 24.8% | ||
| Q3 24 | — | 23.1% | ||
| Q2 24 | — | 16.6% | ||
| Q1 24 | — | 16.2% |
营业利润率CFRLITE
| Q4 25 | 34.1% | 9.7% | ||
| Q3 25 | 36.7% | 1.3% | ||
| Q2 25 | 34.1% | -1.7% | ||
| Q1 25 | 33.2% | -8.9% | ||
| Q4 24 | 34.3% | -12.8% | ||
| Q3 24 | 33.8% | -24.5% | ||
| Q2 24 | 34.5% | -43.3% | ||
| Q1 24 | 32.2% | -31.3% |
净利率CFRLITE
| Q4 25 | 28.6% | 11.8% | ||
| Q3 25 | 30.7% | 0.8% | ||
| Q2 25 | 28.7% | 44.4% | ||
| Q1 25 | 27.9% | -10.4% | ||
| Q4 24 | 28.9% | -15.1% | ||
| Q3 24 | 28.3% | -24.5% | ||
| Q2 24 | 28.6% | -81.9% | ||
| Q1 24 | 27.1% | -34.7% |
每股收益（稀释后）CFRLITE
| Q4 25 | $2.56 | $0.89 | ||
| Q3 25 | $2.67 | $0.05 | ||
| Q2 25 | $2.39 | $3.10 | ||
| Q1 25 | $2.30 | $-0.64 | ||
| Q4 24 | $2.36 | $-0.88 | ||
| Q3 24 | $2.24 | $-1.21 | ||
| Q2 24 | $2.21 | $-3.75 | ||
| Q1 24 | $2.06 | $-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 | — | $1.2B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.6B | $846.6M |
| 总资产 | $53.0B | $4.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CFRLITE
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $877.1M | ||
| Q1 25 | — | $866.7M | ||
| Q4 24 | — | $896.7M | ||
| Q3 24 | — | $916.1M | ||
| Q2 24 | — | $887.0M | ||
| Q1 24 | — | $870.9M |
股东权益CFRLITE
| Q4 25 | $4.6B | $846.6M | ||
| Q3 25 | $4.5B | $780.8M | ||
| Q2 25 | $4.2B | $1.1B | ||
| Q1 25 | $4.1B | $879.5M | ||
| Q4 24 | $3.9B | $872.3M | ||
| Q3 24 | $4.1B | $895.9M | ||
| Q2 24 | $3.7B | $957.3M | ||
| Q1 24 | $3.6B | $1.2B |
总资产CFRLITE
| Q4 25 | $53.0B | $4.8B | ||
| Q3 25 | $52.5B | $4.6B | ||
| Q2 25 | $51.4B | $4.2B | ||
| Q1 25 | $52.0B | $4.0B | ||
| Q4 24 | $52.5B | $4.0B | ||
| Q3 24 | $51.0B | $4.0B | ||
| Q2 24 | $48.8B | $3.9B | ||
| Q1 24 | $49.5B | $4.2B |
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 | $274.0M | $126.7M |
| 自由现金流经营现金流 - 资本支出 | $127.3M | $43.1M |
| 自由现金流率自由现金流/营收 | 21.9% | 6.5% |
| 资本支出强度资本支出/营收 | 25.2% | 12.6% |
| 现金转化率经营现金流/净利润 | 1.65× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $116.4M | $-29.5M |
8季度趋势，按日历期对齐
经营现金流CFRLITE
| Q4 25 | $274.0M | $126.7M | ||
| Q3 25 | $248.6M | $57.9M | ||
| Q2 25 | $140.8M | $64.0M | ||
| Q1 25 | $-296.1M | $-1.6M | ||
| Q4 24 | $989.5M | $24.3M | ||
| Q3 24 | $307.2M | $39.6M | ||
| Q2 24 | $129.6M | $35.5M | ||
| Q1 24 | $488.4M | $-7.0M |
自由现金流CFRLITE
| Q4 25 | $127.3M | $43.1M | ||
| Q3 25 | $211.7M | $-18.3M | ||
| Q2 25 | $114.5M | $10.1M | ||
| Q1 25 | $-337.1M | $-64.4M | ||
| Q4 24 | $861.8M | $-15.9M | ||
| Q3 24 | $281.9M | $-34.5M | ||
| Q2 24 | $103.0M | $10.9M | ||
| Q1 24 | $450.3M | $-26.6M |
自由现金流率CFRLITE
| Q4 25 | 21.9% | 6.5% | ||
| Q3 25 | 37.3% | -3.4% | ||
| Q2 25 | 20.9% | 2.1% | ||
| Q1 25 | -62.4% | -15.1% | ||
| Q4 24 | 160.7% | -4.0% | ||
| Q3 24 | 54.4% | -10.2% | ||
| Q2 24 | 20.3% | 3.5% | ||
| Q1 24 | 89.8% | -7.3% |
资本支出强度CFRLITE
| Q4 25 | 25.2% | 12.6% | ||
| Q3 25 | 6.5% | 14.3% | ||
| Q2 25 | 4.8% | 11.2% | ||
| Q1 25 | 7.6% | 14.8% | ||
| Q4 24 | 23.8% | 10.0% | ||
| Q3 24 | 4.9% | 22.0% | ||
| Q2 24 | 5.2% | 8.0% | ||
| Q1 24 | 7.6% | 5.3% |
现金转化率CFRLITE
| Q4 25 | 1.65× | 1.62× | ||
| Q3 25 | 1.43× | 13.79× | ||
| Q2 25 | 0.90× | 0.30× | ||
| Q1 25 | -1.96× | — | ||
| Q4 24 | 6.39× | — | ||
| Q3 24 | 2.10× | — | ||
| Q2 24 | 0.89× | — | ||
| Q1 24 | 3.60× | — |
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
CFR
暂无分部数据
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
