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DUCOMMUN INC（DCO）与Ribbon Communications Inc.（RBBN）财务数据对比。点击上方公司名可切换其他公司
DUCOMMUN INC的季度营收约是Ribbon Communications Inc.的1.3倍（$215.8M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 3.4%，领先51.3%），DUCOMMUN INC同比增速更快（9.4% vs -10.3%），过去两年DUCOMMUN INC的营收复合增速更高（6.3% vs -8.1%）
杜科蒙是一家全球性航空航天与国防制造企业，主要供应复杂结构部件、电子系统，提供专业工程服务，覆盖商用航空、军事国防、航天领域客户，交付适用于关键航空航天场景的高可靠性解决方案。
睿宾通信公司（Ribbon Communications Inc.）主要为电信运营商、企业及关键基础设施领域提供软件、IP与光网络解决方案。公司于2017年由Genband与Sonus Networks合并成立，总部位于美国得克萨斯州普莱诺，是一家上市科技企业。
DCO vs RBBN — 直观对比
营收规模更大
DCO
是对方的1.3倍
$162.6M
营收增速更快
DCO
高出19.7%
-10.3%
净利率更高
RBBN
高出51.3%
3.4%
两年增速更快
DCO
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $215.8M | $162.6M |
| 净利润 | $7.4M | $89.1M |
| 毛利率 | 27.7% | 42.9% |
| 营业利润率 | 6.5% | 37.6% |
| 净利率 | 3.4% | 54.8% |
| 营收同比 | 9.4% | -10.3% |
| 净利润同比 | 9.9% | — |
| 每股收益（稀释后） | $0.52 | $0.50 |
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DCORBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $215.8M | $227.3M | ||
| Q3 25 | $212.6M | $215.4M | ||
| Q2 25 | $202.3M | $220.6M | ||
| Q1 25 | $194.1M | $181.3M | ||
| Q4 24 | $197.3M | $251.4M | ||
| Q3 24 | $201.4M | $210.2M | ||
| Q2 24 | $197.0M | $192.6M |
净利润DCORBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $7.4M | — | ||
| Q3 25 | $-64.4M | $-12.1M | ||
| Q2 25 | $12.6M | $-11.1M | ||
| Q1 25 | $10.5M | $-26.2M | ||
| Q4 24 | $6.8M | — | ||
| Q3 24 | $10.1M | $-13.4M | ||
| Q2 24 | $7.7M | $-16.8M |
毛利率DCORBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 27.7% | 53.3% | ||
| Q3 25 | 26.6% | 50.1% | ||
| Q2 25 | 26.6% | 49.6% | ||
| Q1 25 | 26.6% | 45.4% | ||
| Q4 24 | 23.5% | 55.7% | ||
| Q3 24 | 26.2% | 52.1% | ||
| Q2 24 | 26.0% | 50.8% |
营业利润率DCORBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 6.5% | 4.1% | ||
| Q3 25 | -37.7% | 1.3% | ||
| Q2 25 | 8.5% | 1.9% | ||
| Q1 25 | 8.5% | -10.8% | ||
| Q4 24 | 5.3% | 13.2% | ||
| Q3 24 | 7.6% | -0.4% | ||
| Q2 24 | 7.1% | -1.0% |
净利率DCORBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 3.4% | — | ||
| Q3 25 | -30.3% | -5.6% | ||
| Q2 25 | 6.2% | -5.0% | ||
| Q1 25 | 5.4% | -14.5% | ||
| Q4 24 | 3.4% | — | ||
| Q3 24 | 5.0% | -6.4% | ||
| Q2 24 | 3.9% | -8.7% |
每股收益（稀释后）DCORBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.52 | $0.50 | ||
| Q3 25 | $-4.30 | $-0.07 | ||
| Q2 25 | $0.82 | $-0.06 | ||
| Q1 25 | $0.69 | $-0.15 | ||
| Q4 24 | $0.45 | $0.05 | ||
| Q3 24 | $0.67 | $-0.08 | ||
| Q2 24 | $0.52 | $-0.10 |
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 | $45.3M | $67.6M |
| 总债务越低越好 | $298.8M | — |
| 股东权益账面价值 | $662.1M | $419.1M |
| 总资产 | $1.2B | — |
| 负债/权益比越低杠杆越低 | 0.45× | — |
8季度趋势，按日历期对齐
现金及短期投资DCORBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $45.3M | $96.4M | ||
| Q3 25 | $50.9M | $74.8M | ||
| Q2 25 | $37.1M | $60.5M | ||
| Q1 25 | $30.7M | $71.2M | ||
| Q4 24 | $37.1M | $87.8M | ||
| Q3 24 | $37.3M | $37.2M | ||
| Q2 24 | $29.4M | $64.6M |
总债务DCORBBN
| Q1 26 | — | — | ||
| Q4 25 | $298.8M | $342.1M | ||
| Q3 25 | $215.0M | $344.3M | ||
| Q2 25 | $218.1M | $346.5M | ||
| Q1 25 | $229.9M | $347.4M | ||
| Q4 24 | $229.8M | $348.3M | ||
| Q3 24 | $246.0M | $349.1M | ||
| Q2 24 | $250.9M | $350.0M |
股东权益DCORBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $662.1M | $449.0M | ||
| Q3 25 | $649.0M | $360.1M | ||
| Q2 25 | $707.8M | $370.4M | ||
| Q1 25 | $693.0M | $381.8M | ||
| Q4 24 | $682.5M | $404.6M | ||
| Q3 24 | $665.6M | $395.5M | ||
| Q2 24 | $655.9M | $405.0M |
总资产DCORBBN
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $1.1B | $1.1B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B |
负债/权益比DCORBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.45× | 0.76× | ||
| Q3 25 | 0.33× | 0.96× | ||
| Q2 25 | 0.31× | 0.94× | ||
| Q1 25 | 0.33× | 0.91× | ||
| Q4 24 | 0.34× | 0.86× | ||
| Q3 24 | 0.37× | 0.88× | ||
| Q2 24 | 0.38× | 0.86× |
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 | $-74.7M | — |
| 自由现金流经营现金流 - 资本支出 | $-78.8M | — |
| 自由现金流率自由现金流/营收 | -36.5% | — |
| 资本支出强度资本支出/营收 | 1.9% | — |
| 现金转化率经营现金流/净利润 | -10.03× | — |
| 过去12个月自由现金流最近4个季度 | $-48.6M | — |
8季度趋势，按日历期对齐
经营现金流DCORBBN
| Q1 26 | — | — | ||
| Q4 25 | $-74.7M | $29.2M | ||
| Q3 25 | $18.1M | $26.5M | ||
| Q2 25 | $22.4M | $-795.0K | ||
| Q1 25 | $771.0K | $-3.5M | ||
| Q4 24 | $18.4M | $61.8M | ||
| Q3 24 | $13.9M | $-14.8M | ||
| Q2 24 | $3.5M | $-9.8M |
自由现金流DCORBBN
| Q1 26 | — | — | ||
| Q4 25 | $-78.8M | $27.3M | ||
| Q3 25 | $16.0M | $21.0M | ||
| Q2 25 | $18.1M | $-6.5M | ||
| Q1 25 | $-4.0M | $-15.7M | ||
| Q4 24 | $14.6M | $53.8M | ||
| Q3 24 | $12.0M | $-23.7M | ||
| Q2 24 | $144.0K | $-12.9M |
自由现金流率DCORBBN
| Q1 26 | — | — | ||
| Q4 25 | -36.5% | 12.0% | ||
| Q3 25 | 7.5% | 9.7% | ||
| Q2 25 | 9.0% | -2.9% | ||
| Q1 25 | -2.1% | -8.7% | ||
| Q4 24 | 7.4% | 21.4% | ||
| Q3 24 | 5.9% | -11.3% | ||
| Q2 24 | 0.1% | -6.7% |
资本支出强度DCORBBN
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 0.9% | ||
| Q3 25 | 1.0% | 2.6% | ||
| Q2 25 | 2.1% | 2.6% | ||
| Q1 25 | 2.5% | 6.7% | ||
| Q4 24 | 2.0% | 3.2% | ||
| Q3 24 | 1.0% | 4.2% | ||
| Q2 24 | 1.7% | 1.6% |
现金转化率DCORBBN
| Q1 26 | — | — | ||
| Q4 25 | -10.03× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.79× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 2.72× | — | ||
| Q3 24 | 1.37× | — | ||
| Q2 24 | 0.45× | — |
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
DCO
| Other | $90.1M | 42% |
| Militaryand Space | $60.0M | 28% |
| Electronic Systems Segment | $31.3M | 15% |
| Commercial Aerospace | $24.8M | 11% |
| Estimate At Completion Adjustment | $6.6M | 3% |
| Industrial | $3.0M | 1% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
