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DELUXE CORP（DLX）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
朗美通的季度营收约是DELUXE CORP的1.2倍（$665.5M vs $535.2M），朗美通净利率更高（11.8% vs 2.2%，领先9.5%），朗美通同比增速更快（65.5% vs 2.8%），过去两年朗美通的营收复合增速更高（34.8% vs 0.0%）
德朗士公司是一家美国企业，提供支付处理、数据服务、票据与促销产品以及商户服务，业务分为B2B支付、数据、印刷和商户服务四大板块。截至2025年，公司为数百万中小企业和数千家金融机构提供服务，每年处理支付交易总额超2.8万亿美元，虽传统核心业务为票据印刷等印刷产品，如今支付与数据服务已成为核心板块。
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。
DLX vs LITE — 直观对比
营收规模更大
LITE
是对方的1.2倍
$535.2M
营收增速更快
LITE
高出62.7%
2.8%
净利率更高
LITE
高出9.5%
2.2%
两年增速更快
LITE
近两年复合增速
0.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $535.2M | $665.5M |
| 净利润 | $12.0M | $78.2M |
| 毛利率 | 52.2% | 36.1% |
| 营业利润率 | 8.9% | 9.7% |
| 净利率 | 2.2% | 11.8% |
| 营收同比 | 2.8% | 65.5% |
| 净利润同比 | -5.0% | 228.4% |
| 每股收益（稀释后） | $0.25 | $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DLXLITE
| Q4 25 | $535.2M | $665.5M | ||
| Q3 25 | $540.2M | $533.8M | ||
| Q2 25 | $521.3M | $480.7M | ||
| Q1 25 | $536.5M | $425.2M | ||
| Q4 24 | $520.6M | $402.2M | ||
| Q3 24 | $528.4M | $336.9M | ||
| Q2 24 | $537.8M | $308.3M | ||
| Q1 24 | $535.0M | $366.5M |
净利润DLXLITE
| Q4 25 | $12.0M | $78.2M | ||
| Q3 25 | $33.7M | $4.2M | ||
| Q2 25 | $22.4M | $213.3M | ||
| Q1 25 | $14.0M | $-44.1M | ||
| Q4 24 | $12.6M | $-60.9M | ||
| Q3 24 | $8.9M | $-82.4M | ||
| Q2 24 | $20.5M | $-252.5M | ||
| Q1 24 | $10.8M | $-127.0M |
毛利率DLXLITE
| Q4 25 | 52.2% | 36.1% | ||
| Q3 25 | 53.9% | 34.0% | ||
| Q2 25 | 53.6% | 33.3% | ||
| Q1 25 | 52.4% | 28.8% | ||
| Q4 24 | 52.3% | 24.8% | ||
| Q3 24 | 53.3% | 23.1% | ||
| Q2 24 | 53.7% | 16.6% | ||
| Q1 24 | 53.0% | 16.2% |
营业利润率DLXLITE
| Q4 25 | 8.9% | 9.7% | ||
| Q3 25 | 14.0% | 1.3% | ||
| Q2 25 | 11.7% | -1.7% | ||
| Q1 25 | 9.0% | -8.9% | ||
| Q4 24 | 9.0% | -12.8% | ||
| Q3 24 | 7.9% | -24.5% | ||
| Q2 24 | 11.0% | -43.3% | ||
| Q1 24 | 8.3% | -31.3% |
净利率DLXLITE
| Q4 25 | 2.2% | 11.8% | ||
| Q3 25 | 6.2% | 0.8% | ||
| Q2 25 | 4.3% | 44.4% | ||
| Q1 25 | 2.6% | -10.4% | ||
| Q4 24 | 2.4% | -15.1% | ||
| Q3 24 | 1.7% | -24.5% | ||
| Q2 24 | 3.8% | -81.9% | ||
| Q1 24 | 2.0% | -34.7% |
每股收益（稀释后）DLXLITE
| Q4 25 | $0.25 | $0.89 | ||
| Q3 25 | $0.74 | $0.05 | ||
| Q2 25 | $0.50 | $3.10 | ||
| Q1 25 | $0.31 | $-0.64 | ||
| Q4 24 | $0.28 | $-0.88 | ||
| Q3 24 | $0.20 | $-1.21 | ||
| Q2 24 | $0.46 | $-3.75 | ||
| Q1 24 | $0.24 | $-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 | $36.9M | $1.2B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $680.7M | $846.6M |
| 总资产 | $2.9B | $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DLXLITE
| Q4 25 | $36.9M | $1.2B | ||
| Q3 25 | $25.8M | $1.1B | ||
| Q2 25 | $26.0M | $877.1M | ||
| Q1 25 | $30.3M | $866.7M | ||
| Q4 24 | $34.4M | $896.7M | ||
| Q3 24 | $41.3M | $916.1M | ||
| Q2 24 | $23.1M | $887.0M | ||
| Q1 24 | $23.5M | $870.9M |
股东权益DLXLITE
| Q4 25 | $680.7M | $846.6M | ||
| Q3 25 | $664.1M | $780.8M | ||
| Q2 25 | $638.7M | $1.1B | ||
| Q1 25 | $622.5M | $879.5M | ||
| Q4 24 | $620.9M | $872.3M | ||
| Q3 24 | $612.7M | $895.9M | ||
| Q2 24 | $620.5M | $957.3M | ||
| Q1 24 | $608.4M | $1.2B |
总资产DLXLITE
| Q4 25 | $2.9B | $4.8B | ||
| Q3 25 | $2.6B | $4.6B | ||
| Q2 25 | $2.5B | $4.2B | ||
| Q1 25 | $2.6B | $4.0B | ||
| Q4 24 | $2.8B | $4.0B | ||
| Q3 24 | $2.6B | $4.0B | ||
| Q2 24 | $2.7B | $3.9B | ||
| Q1 24 | $2.7B | $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 | $102.1M | $126.7M |
| 自由现金流经营现金流 - 资本支出 | — | $43.1M |
| 自由现金流率自由现金流/营收 | — | 6.5% |
| 资本支出强度资本支出/营收 | — | 12.6% |
| 现金转化率经营现金流/净利润 | 8.53× | 1.62× |
| 过去12个月自由现金流最近4个季度 | — | $-29.5M |
8季度趋势，按日历期对齐
经营现金流DLXLITE
| Q4 25 | $102.1M | $126.7M | ||
| Q3 25 | $67.1M | $57.9M | ||
| Q2 25 | $51.1M | $64.0M | ||
| Q1 25 | $50.3M | $-1.6M | ||
| Q4 24 | $60.2M | $24.3M | ||
| Q3 24 | $67.9M | $39.6M | ||
| Q2 24 | $39.6M | $35.5M | ||
| Q1 24 | $26.6M | $-7.0M |
自由现金流DLXLITE
| Q4 25 | — | $43.1M | ||
| Q3 25 | — | $-18.3M | ||
| Q2 25 | $27.8M | $10.1M | ||
| Q1 25 | $24.3M | $-64.4M | ||
| Q4 24 | — | $-15.9M | ||
| Q3 24 | $46.7M | $-34.5M | ||
| Q2 24 | $11.4M | $10.9M | ||
| Q1 24 | $6.1M | $-26.6M |
自由现金流率DLXLITE
| Q4 25 | — | 6.5% | ||
| Q3 25 | — | -3.4% | ||
| Q2 25 | 5.3% | 2.1% | ||
| Q1 25 | 4.5% | -15.1% | ||
| Q4 24 | — | -4.0% | ||
| Q3 24 | 8.8% | -10.2% | ||
| Q2 24 | 2.1% | 3.5% | ||
| Q1 24 | 1.1% | -7.3% |
资本支出强度DLXLITE
| Q4 25 | — | 12.6% | ||
| Q3 25 | — | 14.3% | ||
| Q2 25 | 4.5% | 11.2% | ||
| Q1 25 | 4.8% | 14.8% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | 4.0% | 22.0% | ||
| Q2 24 | 5.2% | 8.0% | ||
| Q1 24 | 3.8% | 5.3% |
现金转化率DLXLITE
| Q4 25 | 8.53× | 1.62× | ||
| Q3 25 | 1.99× | 13.79× | ||
| Q2 25 | 2.28× | 0.30× | ||
| Q1 25 | 3.59× | — | ||
| Q4 24 | 4.77× | — | ||
| Q3 24 | 7.60× | — | ||
| Q2 24 | 1.94× | — | ||
| Q1 24 | 2.46× | — |
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
DLX
| Services | $247.9M | 46% |
| B2B Payments | $76.3M | 14% |
| Datadrivenmarketingsolutions | $68.5M | 13% |
| Promotional Solutions Revenue | $60.9M | 11% |
| Treasurymanagementsolutions | $59.8M | 11% |
| Other | $17.3M | 3% |
| Other Web Based Solutions | $4.6M | 1% |
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
