vs
科蒂（COTY）与蓝威斯顿（LW）财务数据对比。点击上方公司名可切换其他公司
科蒂的季度营收约是蓝威斯顿的1.1倍（$1.7B vs $1.6B），蓝威斯顿净利率更高（3.5% vs -7.4%，领先10.8%），蓝威斯顿同比增速更快（2.9% vs 0.5%），科蒂自由现金流更多（$513.1M vs $-36.3M），过去两年科蒂的营收复合增速更高（10.1% vs -1.5%）
科蒂是1904年由弗朗索瓦·科蒂在巴黎创立的跨国美妆企业，现注册地为美国特拉华州，全球总部位于荷兰阿姆斯特丹。旗下业务覆盖香水、彩妆、护肤、美甲产品以及专业线和零售线护发产品的研发、生产、营销与分销，截至2024年共拥有约40个品牌。
蓝威斯顿控股是美国食品加工企业，为全球规模最大的冷冻薯条、华夫薯条及其他冷冻马铃薯制品的生产商与加工商之一，总部坐落于爱达荷州博伊西市郊的伊格尔市。
COTY vs LW — 直观对比
营收规模更大
COTY
是对方的1.1倍
$1.6B
营收增速更快
LW
高出2.4%
0.5%
净利率更高
LW
高出10.8%
-7.4%
自由现金流更多
COTY
多$549.4M
$-36.3M
两年增速更快
COTY
近两年复合增速
-1.5%
损益表 — Q2 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.6B |
| 净利润 | $-123.6M | $54.0M |
| 毛利率 | 63.8% | 21.2% |
| 营业利润率 | 8.8% | 8.1% |
| 净利率 | -7.4% | 3.5% |
| 营收同比 | 0.5% | 2.9% |
| 净利润同比 | -621.5% | -63.0% |
| 每股收益（稀释后） | $-0.14 | $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COTYLW
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.7B | $1.6B | ||
| Q3 25 | $1.6B | $1.7B | ||
| Q2 25 | $1.3B | $1.7B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.7B | $1.6B | ||
| Q3 24 | $1.7B | $1.7B | ||
| Q2 24 | $1.4B | $1.6B |
净利润COTYLW
| Q1 26 | — | $54.0M | ||
| Q4 25 | $-123.6M | $62.1M | ||
| Q3 25 | $67.9M | $64.3M | ||
| Q2 25 | $-68.8M | $119.9M | ||
| Q1 25 | $-405.7M | $146.0M | ||
| Q4 24 | $23.7M | $-36.1M | ||
| Q3 24 | $82.9M | $127.4M | ||
| Q2 24 | $-96.9M | $129.6M |
毛利率COTYLW
| Q1 26 | — | 21.2% | ||
| Q4 25 | 63.8% | 20.0% | ||
| Q3 25 | 64.5% | 20.6% | ||
| Q2 25 | 62.3% | 20.4% | ||
| Q1 25 | 64.1% | 27.8% | ||
| Q4 24 | 66.7% | 17.4% | ||
| Q3 24 | 65.5% | 21.5% | ||
| Q2 24 | 64.2% | 24.1% |
营业利润率COTYLW
| Q1 26 | — | 8.1% | ||
| Q4 25 | 8.8% | 8.6% | ||
| Q3 25 | 11.7% | 9.4% | ||
| Q2 25 | 1.2% | 11.1% | ||
| Q1 25 | -21.6% | 16.4% | ||
| Q4 24 | 16.1% | 1.2% | ||
| Q3 24 | 14.2% | 12.8% | ||
| Q2 24 | 2.5% | 13.2% |
净利率COTYLW
| Q1 26 | — | 3.5% | ||
| Q4 25 | -7.4% | 3.8% | ||
| Q3 25 | 4.3% | 3.9% | ||
| Q2 25 | -5.5% | 7.2% | ||
| Q1 25 | -31.2% | 9.6% | ||
| Q4 24 | 1.4% | -2.3% | ||
| Q3 24 | 5.0% | 7.7% | ||
| Q2 24 | -7.1% | 8.0% |
每股收益（稀释后）COTYLW
| Q1 26 | — | $0.39 | ||
| Q4 25 | $-0.14 | $0.44 | ||
| Q3 25 | $0.07 | $0.46 | ||
| Q2 25 | $-0.08 | $0.84 | ||
| Q1 25 | $-0.47 | $1.03 | ||
| Q4 24 | $0.02 | $-0.25 | ||
| Q3 24 | $0.09 | $0.88 | ||
| Q2 24 | $-0.11 | $0.89 |
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 | $436.7M | $57.5M |
| 总债务越低越好 | $3.0B | $3.6B |
| 股东权益账面价值 | $3.5B | $1.8B |
| 总资产 | $11.1B | $7.4B |
| 负债/权益比越低杠杆越低 | 0.85× | 1.99× |
8季度趋势，按日历期对齐
现金及短期投资COTYLW
| Q1 26 | — | $57.5M | ||
| Q4 25 | $436.7M | $82.7M | ||
| Q3 25 | $264.6M | $98.6M | ||
| Q2 25 | $257.1M | $70.7M | ||
| Q1 25 | $243.5M | $67.5M | ||
| Q4 24 | $249.6M | $79.0M | ||
| Q3 24 | $283.6M | $120.8M | ||
| Q2 24 | $300.8M | $71.4M |
总债务COTYLW
| Q1 26 | — | $3.6B | ||
| Q4 25 | $3.0B | $3.6B | ||
| Q3 25 | $4.0B | $3.7B | ||
| Q2 25 | $4.0B | $3.7B | ||
| Q1 25 | $3.8B | $3.7B | ||
| Q4 24 | $3.4B | $3.7B | ||
| Q3 24 | $3.9B | $3.4B | ||
| Q2 24 | $3.8B | $3.4B |
股东权益COTYLW
| Q1 26 | — | $1.8B | ||
| Q4 25 | $3.5B | $1.8B | ||
| Q3 25 | $3.6B | $1.8B | ||
| Q2 25 | $3.5B | $1.7B | ||
| Q1 25 | $3.5B | $1.6B | ||
| Q4 24 | $3.8B | $1.6B | ||
| Q3 24 | $4.0B | $1.8B | ||
| Q2 24 | $3.8B | $1.8B |
总资产COTYLW
| Q1 26 | — | $7.4B | ||
| Q4 25 | $11.1B | $7.3B | ||
| Q3 25 | $12.1B | $7.2B | ||
| Q2 25 | $11.9B | $7.4B | ||
| Q1 25 | $11.5B | $7.4B | ||
| Q4 24 | $11.7B | $7.5B | ||
| Q3 24 | $12.5B | $7.5B | ||
| Q2 24 | $12.1B | $7.4B |
负债/权益比COTYLW
| Q1 26 | — | 1.99× | ||
| Q4 25 | 0.85× | 2.08× | ||
| Q3 25 | 1.10× | 2.05× | ||
| Q2 25 | 1.12× | 2.12× | ||
| Q1 25 | 1.09× | 2.25× | ||
| Q4 24 | 0.89× | 2.26× | ||
| Q3 24 | 0.97× | 1.87× | ||
| Q2 24 | 1.00× | 1.92× |
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 | $559.7M | $65.2M |
| 自由现金流经营现金流 - 资本支出 | $513.1M | $-36.3M |
| 自由现金流率自由现金流/营收 | 30.6% | -2.3% |
| 资本支出强度资本支出/营收 | 2.8% | 6.5% |
| 现金转化率经营现金流/净利润 | — | 1.21× |
| 过去12个月自由现金流最近4个季度 | $390.8M | $569.2M |
8季度趋势，按日历期对齐
经营现金流COTYLW
| Q1 26 | — | $65.2M | ||
| Q4 25 | $559.7M | $178.4M | ||
| Q3 25 | $65.2M | $352.0M | ||
| Q2 25 | $83.2M | $868.3M | ||
| Q1 25 | $-122.5M | $56.0M | ||
| Q4 24 | $464.5M | $99.1M | ||
| Q3 24 | $67.4M | $330.2M | ||
| Q2 24 | $176.5M | $798.2M |
自由现金流COTYLW
| Q1 26 | — | $-36.3M | ||
| Q4 25 | $513.1M | $101.0M | ||
| Q3 25 | $11.2M | $274.4M | ||
| Q2 25 | $34.9M | $230.1M | ||
| Q1 25 | $-168.4M | $-19.8M | ||
| Q4 24 | $419.0M | $-49.6M | ||
| Q3 24 | $-7.9M | $4.3M | ||
| Q2 24 | $116.7M | $-131.3M |
自由现金流率COTYLW
| Q1 26 | — | -2.3% | ||
| Q4 25 | 30.6% | 6.2% | ||
| Q3 25 | 0.7% | 16.5% | ||
| Q2 25 | 2.8% | 13.7% | ||
| Q1 25 | -13.0% | -1.3% | ||
| Q4 24 | 25.1% | -3.1% | ||
| Q3 24 | -0.5% | 0.3% | ||
| Q2 24 | 8.6% | -8.1% |
资本支出强度COTYLW
| Q1 26 | — | 6.5% | ||
| Q4 25 | 2.8% | 4.8% | ||
| Q3 25 | 3.4% | 4.7% | ||
| Q2 25 | 3.9% | 38.1% | ||
| Q1 25 | 3.5% | 5.0% | ||
| Q4 24 | 2.7% | 9.3% | ||
| Q3 24 | 4.5% | 19.7% | ||
| Q2 24 | 4.4% | 57.7% |
现金转化率COTYLW
| Q1 26 | — | 1.21× | ||
| Q4 25 | — | 2.87× | ||
| Q3 25 | 0.96× | 5.47× | ||
| Q2 25 | — | 7.24× | ||
| Q1 25 | — | 0.38× | ||
| Q4 24 | 19.60× | — | ||
| Q3 24 | 0.81× | 2.59× | ||
| Q2 24 | — | 6.16× |
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
COTY
| Prestige | $1.1B | 68% |
| Consumer Beauty | $545.0M | 32% |
LW
| Segments North America | $1.0B | 66% |
| Segments International | $529.8M | 34% |
