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德纳（DAN）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
德纳的季度营收约是朗美通的1.9倍（$1.3B vs $665.5M），朗美通净利率更高（11.8% vs -3.9%，领先15.6%），朗美通同比增速更快（65.5% vs -44.5%），德纳自由现金流更多（$345.0M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% vs -31.2%）
德纳（Dana Inc.）是美国知名汽车零部件供应商，创立于1904年，总部位于俄亥俄州莫米。公司为传统燃油车、混合动力车及电动车提供车桥、传动轴，以及电驱动、热管理、密封、数字设备等产品，服务于轻型车、商用车市场，业务遍及33个国家，员工近2.8万人，2022年销售额达102亿美元，位列财富世界500强。
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。
DAN vs LITE — 直观对比
营收规模更大
DAN
是对方的1.9倍
$665.5M
营收增速更快
LITE
高出110.0%
-44.5%
净利率更高
LITE
高出15.6%
-3.9%
自由现金流更多
DAN
多$301.9M
$43.1M
两年增速更快
LITE
近两年复合增速
-31.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $665.5M |
| 净利润 | $-50.0M | $78.2M |
| 毛利率 | 6.0% | 36.1% |
| 营业利润率 | -0.2% | 9.7% |
| 净利率 | -3.9% | 11.8% |
| 营收同比 | -44.5% | 65.5% |
| 净利润同比 | 37.5% | 228.4% |
| 每股收益（稀释后） | $-0.36 | $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DANLITE
| Q4 25 | $1.3B | $665.5M | ||
| Q3 25 | $1.9B | $533.8M | ||
| Q2 25 | $1.9B | $480.7M | ||
| Q1 25 | $2.4B | $425.2M | ||
| Q4 24 | $2.3B | $402.2M | ||
| Q3 24 | $2.5B | $336.9M | ||
| Q2 24 | $2.7B | $308.3M | ||
| Q1 24 | $2.7B | $366.5M |
净利润DANLITE
| Q4 25 | $-50.0M | $78.2M | ||
| Q3 25 | $83.0M | $4.2M | ||
| Q2 25 | $27.0M | $213.3M | ||
| Q1 25 | $25.0M | $-44.1M | ||
| Q4 24 | $-80.0M | $-60.9M | ||
| Q3 24 | $4.0M | $-82.4M | ||
| Q2 24 | $16.0M | $-252.5M | ||
| Q1 24 | $3.0M | $-127.0M |
毛利率DANLITE
| Q4 25 | 6.0% | 36.1% | ||
| Q3 25 | 8.7% | 34.0% | ||
| Q2 25 | 7.1% | 33.3% | ||
| Q1 25 | 9.4% | 28.8% | ||
| Q4 24 | 5.7% | 24.8% | ||
| Q3 24 | 9.9% | 23.1% | ||
| Q2 24 | 9.3% | 16.6% | ||
| Q1 24 | 8.9% | 16.2% |
营业利润率DANLITE
| Q4 25 | -0.2% | 9.7% | ||
| Q3 25 | 2.8% | 1.3% | ||
| Q2 25 | 0.8% | -1.7% | ||
| Q1 25 | 3.1% | -8.9% | ||
| Q4 24 | -1.5% | -12.8% | ||
| Q3 24 | 3.6% | -24.5% | ||
| Q2 24 | 3.8% | -43.3% | ||
| Q1 24 | 2.6% | -31.3% |
净利率DANLITE
| Q4 25 | -3.9% | 11.8% | ||
| Q3 25 | 4.3% | 0.8% | ||
| Q2 25 | 1.4% | 44.4% | ||
| Q1 25 | 1.1% | -10.4% | ||
| Q4 24 | -3.4% | -15.1% | ||
| Q3 24 | 0.2% | -24.5% | ||
| Q2 24 | 0.6% | -81.9% | ||
| Q1 24 | 0.1% | -34.7% |
每股收益（稀释后）DANLITE
| Q4 25 | $-0.36 | $0.89 | ||
| Q3 25 | $0.64 | $0.05 | ||
| Q2 25 | $0.19 | $3.10 | ||
| Q1 25 | $0.17 | $-0.64 | ||
| Q4 24 | $-0.55 | $-0.88 | ||
| Q3 24 | $0.03 | $-1.21 | ||
| Q2 24 | $0.11 | $-3.75 | ||
| Q1 24 | $0.02 | $-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 | $469.0M | $1.2B |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $840.0M | $846.6M |
| 总资产 | $7.8B | $4.8B |
| 负债/权益比越低杠杆越低 | 3.05× | — |
8季度趋势，按日历期对齐
现金及短期投资DANLITE
| Q4 25 | $469.0M | $1.2B | ||
| Q3 25 | $414.0M | $1.1B | ||
| Q2 25 | $486.0M | $877.1M | ||
| Q1 25 | $507.0M | $866.7M | ||
| Q4 24 | $494.0M | $896.7M | ||
| Q3 24 | $419.0M | $916.1M | ||
| Q2 24 | $419.0M | $887.0M | ||
| Q1 24 | $351.0M | $870.9M |
总债务DANLITE
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.6B | — |
股东权益DANLITE
| Q4 25 | $840.0M | $846.6M | ||
| Q3 25 | $1.1B | $780.8M | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.4B | $879.5M | ||
| Q4 24 | $1.3B | $872.3M | ||
| Q3 24 | $1.5B | $895.9M | ||
| Q2 24 | $1.5B | $957.3M | ||
| Q1 24 | $1.5B | $1.2B |
总资产DANLITE
| Q4 25 | $7.8B | $4.8B | ||
| Q3 25 | $8.1B | $4.6B | ||
| Q2 25 | $8.1B | $4.2B | ||
| Q1 25 | $7.8B | $4.0B | ||
| Q4 24 | $7.5B | $4.0B | ||
| Q3 24 | $7.9B | $4.0B | ||
| Q2 24 | $7.8B | $3.9B | ||
| Q1 24 | $7.9B | $4.2B |
负债/权益比DANLITE
| Q4 25 | 3.05× | — | ||
| Q3 25 | 2.35× | — | ||
| Q2 25 | 2.13× | — | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 1.79× | — | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 1.68× | — |
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 | $406.0M | $126.7M |
| 自由现金流经营现金流 - 资本支出 | $345.0M | $43.1M |
| 自由现金流率自由现金流/营收 | 26.6% | 6.5% |
| 资本支出强度资本支出/营收 | 4.7% | 12.6% |
| 现金转化率经营现金流/净利润 | — | 1.62× |
| 过去12个月自由现金流最近4个季度 | $298.0M | $-29.5M |
8季度趋势，按日历期对齐
经营现金流DANLITE
| Q4 25 | $406.0M | $126.7M | ||
| Q3 25 | $111.0M | $57.9M | ||
| Q2 25 | $32.0M | $64.0M | ||
| Q1 25 | $-37.0M | $-1.6M | ||
| Q4 24 | $302.0M | $24.3M | ||
| Q3 24 | $35.0M | $39.6M | ||
| Q2 24 | $215.0M | $35.5M | ||
| Q1 24 | $-102.0M | $-7.0M |
自由现金流DANLITE
| Q4 25 | $345.0M | $43.1M | ||
| Q3 25 | $62.0M | $-18.3M | ||
| Q2 25 | $3.0M | $10.1M | ||
| Q1 25 | $-112.0M | $-64.4M | ||
| Q4 24 | $149.0M | $-15.9M | ||
| Q3 24 | $-11.0M | $-34.5M | ||
| Q2 24 | $104.0M | $10.9M | ||
| Q1 24 | $-172.0M | $-26.6M |
自由现金流率DANLITE
| Q4 25 | 26.6% | 6.5% | ||
| Q3 25 | 3.2% | -3.4% | ||
| Q2 25 | 0.2% | 2.1% | ||
| Q1 25 | -4.8% | -15.1% | ||
| Q4 24 | 6.4% | -4.0% | ||
| Q3 24 | -0.4% | -10.2% | ||
| Q2 24 | 3.8% | 3.5% | ||
| Q1 24 | -6.3% | -7.3% |
资本支出强度DANLITE
| Q4 25 | 4.7% | 12.6% | ||
| Q3 25 | 2.6% | 14.3% | ||
| Q2 25 | 1.5% | 11.2% | ||
| Q1 25 | 3.2% | 14.8% | ||
| Q4 24 | 6.6% | 10.0% | ||
| Q3 24 | 1.9% | 22.0% | ||
| Q2 24 | 4.1% | 8.0% | ||
| Q1 24 | 2.6% | 5.3% |
现金转化率DANLITE
| Q4 25 | — | 1.62× | ||
| Q3 25 | 1.34× | 13.79× | ||
| Q2 25 | 1.19× | 0.30× | ||
| Q1 25 | -1.48× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.75× | — | ||
| Q2 24 | 13.44× | — | ||
| Q1 24 | -34.00× | — |
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
DAN
| Light Vehicle Segment | $912.0M | 70% |
| Commercial Vehicle Segment | $218.0M | 17% |
| Other | $166.0M | 13% |
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
