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Centuri Holdings, Inc.（CTRI）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
Centuri Holdings, Inc.的季度营收约是朗美通的1.3倍（$858.6M vs $665.5M），朗美通净利率更高（11.8% vs 3.5%，领先8.2%），朗美通同比增速更快（65.5% vs 19.7%），Centuri Holdings, Inc.自由现金流更多（$66.3M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% vs 27.5%）
Centuri Holdings前身为Allied Leisure，是美国街机游戏制造商，总部位于佛罗里达州海厄利亚。20世纪80年代初，它是美国排名前六的投币式街机视频游戏设备供应商之一。1980年，原Taito美国总裁埃德·米勒与合伙人比尔·奥利吉斯收购Allied Leisure后，将其更名为Centuri。
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。
CTRI vs LITE — 直观对比
营收规模更大
CTRI
是对方的1.3倍
$665.5M
营收增速更快
LITE
高出45.7%
19.7%
净利率更高
LITE
高出8.2%
3.5%
自由现金流更多
CTRI
多$23.2M
$43.1M
两年增速更快
LITE
近两年复合增速
27.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $858.6M | $665.5M |
| 净利润 | $30.4M | $78.2M |
| 毛利率 | 9.4% | 36.1% |
| 营业利润率 | 4.3% | 9.7% |
| 净利率 | 3.5% | 11.8% |
| 营收同比 | 19.7% | 65.5% |
| 净利润同比 | 194.1% | 228.4% |
| 每股收益（稀释后） | $0.34 | $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CTRILITE
| Q4 25 | $858.6M | $665.5M | ||
| Q3 25 | $850.0M | $533.8M | ||
| Q2 25 | $724.1M | $480.7M | ||
| Q1 25 | $550.1M | $425.2M | ||
| Q4 24 | $717.1M | $402.2M | ||
| Q3 24 | $720.1M | $336.9M | ||
| Q2 24 | $672.1M | $308.3M | ||
| Q1 24 | $528.0M | $366.5M |
净利润CTRILITE
| Q4 25 | $30.4M | $78.2M | ||
| Q3 25 | $2.1M | $4.2M | ||
| Q2 25 | $8.1M | $213.3M | ||
| Q1 25 | $-17.9M | $-44.1M | ||
| Q4 24 | $10.3M | $-60.9M | ||
| Q3 24 | $-3.7M | $-82.4M | ||
| Q2 24 | $11.7M | $-252.5M | ||
| Q1 24 | $-25.1M | $-127.0M |
毛利率CTRILITE
| Q4 25 | 9.4% | 36.1% | ||
| Q3 25 | 9.2% | 34.0% | ||
| Q2 25 | 9.4% | 33.3% | ||
| Q1 25 | 3.7% | 28.8% | ||
| Q4 24 | 9.9% | 24.8% | ||
| Q3 24 | 10.5% | 23.1% | ||
| Q2 24 | 9.0% | 16.6% | ||
| Q1 24 | 2.5% | 16.2% |
营业利润率CTRILITE
| Q4 25 | 4.3% | 9.7% | ||
| Q3 25 | 4.3% | 1.3% | ||
| Q2 25 | 4.4% | -1.7% | ||
| Q1 25 | -2.3% | -8.9% | ||
| Q4 24 | 4.7% | -12.8% | ||
| Q3 24 | 5.8% | -24.5% | ||
| Q2 24 | 4.9% | -43.3% | ||
| Q1 24 | -4.2% | -31.3% |
净利率CTRILITE
| Q4 25 | 3.5% | 11.8% | ||
| Q3 25 | 0.2% | 0.8% | ||
| Q2 25 | 1.1% | 44.4% | ||
| Q1 25 | -3.3% | -10.4% | ||
| Q4 24 | 1.4% | -15.1% | ||
| Q3 24 | -0.5% | -24.5% | ||
| Q2 24 | 1.7% | -81.9% | ||
| Q1 24 | -4.7% | -34.7% |
每股收益（稀释后）CTRILITE
| Q4 25 | $0.34 | $0.89 | ||
| Q3 25 | $0.02 | $0.05 | ||
| Q2 25 | $0.09 | $3.10 | ||
| Q1 25 | $-0.20 | $-0.64 | ||
| Q4 24 | $0.17 | $-0.88 | ||
| Q3 24 | $-0.04 | $-1.21 | ||
| Q2 24 | $0.14 | $-3.75 | ||
| Q1 24 | $-0.35 | $-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 | $126.6M | $1.2B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $873.0M | $846.6M |
| 总资产 | $2.4B | $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CTRILITE
| Q4 25 | $126.6M | $1.2B | ||
| Q3 25 | $16.1M | $1.1B | ||
| Q2 25 | $28.3M | $877.1M | ||
| Q1 25 | $15.3M | $866.7M | ||
| Q4 24 | $49.0M | $896.7M | ||
| Q3 24 | $52.5M | $916.1M | ||
| Q2 24 | $30.9M | $887.0M | ||
| Q1 24 | $18.4M | $870.9M |
股东权益CTRILITE
| Q4 25 | $873.0M | $846.6M | ||
| Q3 25 | $585.2M | $780.8M | ||
| Q2 25 | $567.1M | $1.1B | ||
| Q1 25 | $536.5M | $879.5M | ||
| Q4 24 | $555.6M | $872.3M | ||
| Q3 24 | $527.3M | $895.9M | ||
| Q2 24 | $530.4M | $957.3M | ||
| Q1 24 | $197.8M | $1.2B |
总资产CTRILITE
| Q4 25 | $2.4B | $4.8B | ||
| Q3 25 | $2.2B | $4.6B | ||
| Q2 25 | $2.1B | $4.2B | ||
| Q1 25 | $2.0B | $4.0B | ||
| Q4 24 | $2.1B | $4.0B | ||
| Q3 24 | $2.1B | $4.0B | ||
| Q2 24 | $2.2B | $3.9B | ||
| Q1 24 | $2.1B | $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 | $83.9M | $126.7M |
| 自由现金流经营现金流 - 资本支出 | $66.3M | $43.1M |
| 自由现金流率自由现金流/营收 | 7.7% | 6.5% |
| 资本支出强度资本支出/营收 | 2.0% | 12.6% |
| 现金转化率经营现金流/净利润 | 2.76× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $-8.2M | $-29.5M |
8季度趋势，按日历期对齐
经营现金流CTRILITE
| Q4 25 | $83.9M | $126.7M | ||
| Q3 25 | $5.2M | $57.9M | ||
| Q2 25 | $-27.7M | $64.0M | ||
| Q1 25 | $16.7M | $-1.6M | ||
| Q4 24 | $61.0M | $24.3M | ||
| Q3 24 | $180.2M | $39.6M | ||
| Q2 24 | $-56.6M | $35.5M | ||
| Q1 24 | $-26.5M | $-7.0M |
自由现金流CTRILITE
| Q4 25 | $66.3M | $43.1M | ||
| Q3 25 | $-18.4M | $-18.3M | ||
| Q2 25 | $-48.5M | $10.1M | ||
| Q1 25 | $-7.7M | $-64.4M | ||
| Q4 24 | $27.8M | $-15.9M | ||
| Q3 24 | $160.7M | $-34.5M | ||
| Q2 24 | $-76.9M | $10.9M | ||
| Q1 24 | $-52.7M | $-26.6M |
自由现金流率CTRILITE
| Q4 25 | 7.7% | 6.5% | ||
| Q3 25 | -2.2% | -3.4% | ||
| Q2 25 | -6.7% | 2.1% | ||
| Q1 25 | -1.4% | -15.1% | ||
| Q4 24 | 3.9% | -4.0% | ||
| Q3 24 | 22.3% | -10.2% | ||
| Q2 24 | -11.4% | 3.5% | ||
| Q1 24 | -10.0% | -7.3% |
资本支出强度CTRILITE
| Q4 25 | 2.0% | 12.6% | ||
| Q3 25 | 2.8% | 14.3% | ||
| Q2 25 | 2.9% | 11.2% | ||
| Q1 25 | 4.4% | 14.8% | ||
| Q4 24 | 4.6% | 10.0% | ||
| Q3 24 | 2.7% | 22.0% | ||
| Q2 24 | 3.0% | 8.0% | ||
| Q1 24 | 5.0% | 5.3% |
现金转化率CTRILITE
| Q4 25 | 2.76× | 1.62× | ||
| Q3 25 | 2.48× | 13.79× | ||
| Q2 25 | -3.43× | 0.30× | ||
| Q1 25 | — | — | ||
| Q4 24 | 5.90× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -4.84× | — | ||
| 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
CTRI
| Master Services Agreement | $660.7M | 77% |
| Non Union Electric Segment | $163.4M | 19% |
| Related Party | $25.6M | 3% |
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
