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COHERENT CORP.（COHR）与李维斯（LEVI）财务数据对比。点击上方公司名可切换其他公司
李维斯的季度营收约是COHERENT CORP.的1.0倍（$1.8B vs $1.7B），李维斯净利率更高（8.9% vs 8.7%，领先0.2%），COHERENT CORP.同比增速更快（17.5% vs -4.0%），李维斯自由现金流更多（$215.7M vs $-95.7M），过去两年COHERENT CORP.的营收复合增速更高（18.1% vs 6.5%）
Coherent Corp.是美国专业光学材料与半导体生产商，2023年全球员工规模达26622人。2022年原II-VI公司收购激光制造商Coherent, Inc.后更名为现名，产品广泛应用于通信、工业、医疗等众多领域。
李维斯（Levi Strauss & Co.）是全球知名的美国服饰企业，凭借旗下Levi's品牌丹宁牛仔裤享誉全球。公司创立于1853年5月，由德裔犹太移民李维·斯特劳斯在旧金山成立，注册地为特拉华州，总部设在旧金山李维斯广场。
COHR vs LEVI — 直观对比
营收规模更大
LEVI
是对方的1.0倍
$1.7B
营收增速更快
COHR
高出21.5%
-4.0%
净利率更高
LEVI
高出0.2%
8.7%
自由现金流更多
LEVI
多$311.4M
$-95.7M
两年增速更快
COHR
近两年复合增速
6.5%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.8B |
| 净利润 | $146.7M | $158.0M |
| 毛利率 | 36.9% | 60.8% |
| 营业利润率 | 10.0% | 11.9% |
| 净利率 | 8.7% | 8.9% |
| 营收同比 | 17.5% | -4.0% |
| 净利润同比 | 41.9% | -13.4% |
| 每股收益（稀释后） | $0.76 | $0.39 |
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COHRLEVI
| Q4 25 | $1.7B | $1.8B | ||
| Q3 25 | $1.6B | $1.5B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.5B | $1.5B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.3B | $1.5B | ||
| Q2 24 | $1.3B | $1.4B | ||
| Q1 24 | $1.2B | $1.6B |
净利润COHRLEVI
| Q4 25 | $146.7M | $158.0M | ||
| Q3 25 | $226.3M | $218.1M | ||
| Q2 25 | $-95.6M | $67.0M | ||
| Q1 25 | $15.7M | $135.0M | ||
| Q4 24 | $103.4M | $182.5M | ||
| Q3 24 | $25.9M | $20.7M | ||
| Q2 24 | $-48.4M | $18.0M | ||
| Q1 24 | $-13.2M | $-10.6M |
毛利率COHRLEVI
| Q4 25 | 36.9% | 60.8% | ||
| Q3 25 | 36.6% | 61.7% | ||
| Q2 25 | 35.7% | 62.6% | ||
| Q1 25 | 35.2% | 62.1% | ||
| Q4 24 | 35.5% | 61.3% | ||
| Q3 24 | 34.1% | 60.0% | ||
| Q2 24 | 32.9% | 60.5% | ||
| Q1 24 | 30.3% | 58.2% |
营业利润率COHRLEVI
| Q4 25 | 10.0% | 11.9% | ||
| Q3 25 | 13.7% | 10.8% | ||
| Q2 25 | -4.1% | 7.5% | ||
| Q1 25 | 0.7% | 12.5% | ||
| Q4 24 | 9.0% | 11.5% | ||
| Q3 24 | 1.4% | 2.0% | ||
| Q2 24 | 4.8% | 1.5% | ||
| Q1 24 | 1.8% | -0.0% |
净利率COHRLEVI
| Q4 25 | 8.7% | 8.9% | ||
| Q3 25 | 14.3% | 14.1% | ||
| Q2 25 | -6.3% | 4.6% | ||
| Q1 25 | 1.0% | 8.8% | ||
| Q4 24 | 7.2% | 9.9% | ||
| Q3 24 | 1.9% | 1.4% | ||
| Q2 24 | -3.7% | 1.2% | ||
| Q1 24 | -1.1% | -0.7% |
每股收益（稀释后）COHRLEVI
| Q4 25 | $0.76 | $0.39 | ||
| Q3 25 | $1.19 | $0.55 | ||
| Q2 25 | $-0.81 | $0.17 | ||
| Q1 25 | $-0.11 | $0.34 | ||
| Q4 24 | $0.44 | $0.46 | ||
| Q3 24 | $-0.04 | $0.05 | ||
| Q2 24 | $-0.52 | $0.04 | ||
| Q1 24 | $-0.29 | $-0.03 |
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 | $863.7M | $848.8M |
| 总债务越低越好 | $3.4B | $1.1B |
| 股东权益账面价值 | $8.5B | $2.3B |
| 总资产 | $15.1B | $6.8B |
| 负债/权益比越低杠杆越低 | 0.39× | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资COHRLEVI
| Q4 25 | $863.7M | $848.8M | ||
| Q3 25 | $852.8M | $707.5M | ||
| Q2 25 | $909.2M | $736.7M | ||
| Q1 25 | $890.3M | $574.4M | ||
| Q4 24 | $917.8M | $690.0M | ||
| Q3 24 | $1.0B | $577.1M | ||
| Q2 24 | $926.0M | $641.4M | ||
| Q1 24 | $898.6M | $516.7M |
总债务COHRLEVI
| Q4 25 | $3.4B | $1.1B | ||
| Q3 25 | $3.3B | $1.0B | ||
| Q2 25 | $3.7B | $1.0B | ||
| Q1 25 | $3.7B | $987.4M | ||
| Q4 24 | $3.9B | $994.0M | ||
| Q3 24 | $4.0B | $1.0B | ||
| Q2 24 | $4.1B | $1.0B | ||
| Q1 24 | $4.2B | $1.0B |
股东权益COHRLEVI
| Q4 25 | $8.5B | $2.3B | ||
| Q3 25 | $5.8B | $2.2B | ||
| Q2 25 | $5.6B | $2.1B | ||
| Q1 25 | $5.4B | $2.0B | ||
| Q4 24 | $5.2B | $2.0B | ||
| Q3 24 | $5.5B | $1.9B | ||
| Q2 24 | $5.2B | $2.0B | ||
| Q1 24 | $5.3B | $2.0B |
总资产COHRLEVI
| Q4 25 | $15.1B | $6.8B | ||
| Q3 25 | $14.7B | $6.7B | ||
| Q2 25 | $14.9B | $6.5B | ||
| Q1 25 | $14.4B | $6.2B | ||
| Q4 24 | $14.2B | $6.4B | ||
| Q3 24 | $14.7B | $6.3B | ||
| Q2 24 | $14.5B | $6.2B | ||
| Q1 24 | $14.5B | $6.0B |
负债/权益比COHRLEVI
| Q4 25 | 0.39× | 0.46× | ||
| Q3 25 | 0.57× | 0.48× | ||
| Q2 25 | 0.65× | 0.49× | ||
| Q1 25 | 0.70× | 0.49× | ||
| Q4 24 | 0.75× | 0.50× | ||
| Q3 24 | 0.73× | 0.54× | ||
| Q2 24 | 0.79× | 0.51× | ||
| Q1 24 | 0.78× | 0.51× |
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 | $57.9M | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $-95.7M | $215.7M |
| 自由现金流率自由现金流/营收 | -5.7% | 12.2% |
| 资本支出强度资本支出/营收 | 9.1% | 2.9% |
| 现金转化率经营现金流/净利润 | 0.39× | 1.69× |
| 过去12个月自由现金流最近4个季度 | $-103.6M | $308.2M |
8季度趋势，按日历期对齐
经营现金流COHRLEVI
| Q4 25 | $57.9M | $266.8M | ||
| Q3 25 | $46.0M | $24.8M | ||
| Q2 25 | $130.3M | $185.5M | ||
| Q1 25 | $163.0M | $52.5M | ||
| Q4 24 | $187.4M | $297.3M | ||
| Q3 24 | $153.0M | $52.3M | ||
| Q2 24 | $162.3M | $262.8M | ||
| Q1 24 | $117.4M | $286.0M |
自由现金流COHRLEVI
| Q4 25 | $-95.7M | $215.7M | ||
| Q3 25 | $-58.0M | $-39.4M | ||
| Q2 25 | $-1.1M | $146.0M | ||
| Q1 25 | $51.1M | $-14.1M | ||
| Q4 24 | $81.7M | $231.6M | ||
| Q3 24 | $61.0M | $2.3M | ||
| Q2 24 | $62.4M | $222.6M | ||
| Q1 24 | $24.2M | $214.4M |
自由现金流率COHRLEVI
| Q4 25 | -5.7% | 12.2% | ||
| Q3 25 | -3.7% | -2.6% | ||
| Q2 25 | -0.1% | 10.1% | ||
| Q1 25 | 3.4% | -0.9% | ||
| Q4 24 | 5.7% | 12.6% | ||
| Q3 24 | 4.5% | 0.2% | ||
| Q2 24 | 4.7% | 15.4% | ||
| Q1 24 | 2.0% | 13.8% |
资本支出强度COHRLEVI
| Q4 25 | 9.1% | 2.9% | ||
| Q3 25 | 6.6% | 4.2% | ||
| Q2 25 | 8.6% | 2.7% | ||
| Q1 25 | 7.5% | 4.4% | ||
| Q4 24 | 7.4% | 3.6% | ||
| Q3 24 | 6.8% | 3.3% | ||
| Q2 24 | 7.6% | 2.8% | ||
| Q1 24 | 7.7% | 4.6% |
现金转化率COHRLEVI
| Q4 25 | 0.39× | 1.69× | ||
| Q3 25 | 0.20× | 0.11× | ||
| Q2 25 | — | 2.77× | ||
| Q1 25 | 10.37× | 0.39× | ||
| Q4 24 | 1.81× | 1.63× | ||
| Q3 24 | 5.91× | 2.53× | ||
| Q2 24 | — | 14.60× | ||
| Q1 24 | — | — |
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
COHR
| Datacenter And Communications Segment | $1.2B | 72% |
| Industrial Segment | $477.7M | 28% |
LEVI
| Other | $760.3M | 43% |
| Sales Channel Through Intermediary | $583.2M | 33% |
| Sales Channel Directly To Consumer | $376.0M | 21% |
| Beyond Yoga | $46.3M | 3% |
