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Leonardo DRS, Inc.（DRS）与Roper Technologies（ROP）财务数据对比。点击上方公司名可切换其他公司
Roper Technologies的季度营收约是Leonardo DRS, Inc.的2.0倍（$2.1B vs $1.1B），Roper Technologies净利率更高（15.8% vs 9.6%，领先6.2%），Roper Technologies同比增速更快（11.3% vs 8.1%），Roper Technologies自由现金流更多（$507.0M vs $376.0M），过去两年Leonardo DRS, Inc.的营收复合增速更高（24.1% vs 10.5%）
莱昂纳多DRS公司是美国本土国防承包商，前身为DRS技术公司，曾于纽约证券交易所挂牌交易，2008年被莱昂纳多的前身芬梅卡尼卡收购，核心业务为向美国军方提供先进国防技术及配套系统产品。
罗珀技术公司是一家专注于科技领域的控股企业，通过持有并运营多家不同细分赛道的科技公司，在科技产业投资与资产管理领域形成了成熟的业务体系，在全球相关市场具备较高的行业影响力。
DRS vs ROP — 直观对比
营收规模更大
ROP
是对方的2.0倍
$1.1B
营收增速更快
ROP
高出3.2%
8.1%
净利率更高
ROP
高出6.2%
9.6%
自由现金流更多
ROP
多$131.0M
$376.0M
两年增速更快
DRS
近两年复合增速
10.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $2.1B |
| 净利润 | $102.0M | $331.0M |
| 毛利率 | 25.4% | 69.4% |
| 营业利润率 | 11.9% | 27.2% |
| 净利率 | 9.6% | 15.8% |
| 营收同比 | 8.1% | 11.3% |
| 净利润同比 | 14.6% | 842.6% |
| 每股收益（稀释后） | $0.38 | $4.87 |
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DRSROP
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.1B | $2.1B | ||
| Q3 25 | $960.0M | $2.0B | ||
| Q2 25 | $829.0M | $1.9B | ||
| Q1 25 | $799.0M | $1.9B | ||
| Q4 24 | $981.0M | $1.9B | ||
| Q3 24 | $812.0M | $1.8B | ||
| Q2 24 | $753.0M | $1.7B |
净利润DRSROP
| Q1 26 | — | $331.0M | ||
| Q4 25 | $102.0M | $428.4M | ||
| Q3 25 | $72.0M | $398.5M | ||
| Q2 25 | $54.0M | $378.3M | ||
| Q1 25 | $50.0M | $331.1M | ||
| Q4 24 | $89.0M | $462.3M | ||
| Q3 24 | $57.0M | $367.9M | ||
| Q2 24 | $38.0M | $337.1M |
毛利率DRSROP
| Q1 26 | — | 69.4% | ||
| Q4 25 | 25.4% | 69.5% | ||
| Q3 25 | 23.1% | 69.5% | ||
| Q2 25 | 23.8% | 69.2% | ||
| Q1 25 | 22.7% | 68.7% | ||
| Q4 24 | 24.0% | 68.3% | ||
| Q3 24 | 22.0% | 69.2% | ||
| Q2 24 | 22.4% | 69.5% |
营业利润率DRSROP
| Q1 26 | — | 27.2% | ||
| Q4 25 | 11.9% | 28.6% | ||
| Q3 25 | 9.7% | 28.4% | ||
| Q2 25 | 8.4% | 28.2% | ||
| Q1 25 | 7.4% | 27.9% | ||
| Q4 24 | 12.2% | 28.0% | ||
| Q3 24 | 9.2% | 28.1% | ||
| Q2 24 | 7.3% | 28.8% |
净利率DRSROP
| Q1 26 | — | 15.8% | ||
| Q4 25 | 9.6% | 20.8% | ||
| Q3 25 | 7.5% | 19.8% | ||
| Q2 25 | 6.5% | 19.5% | ||
| Q1 25 | 6.3% | 17.6% | ||
| Q4 24 | 9.1% | 24.6% | ||
| Q3 24 | 7.0% | 20.8% | ||
| Q2 24 | 5.0% | 19.6% |
每股收益（稀释后）DRSROP
| Q1 26 | — | $4.87 | ||
| Q4 25 | $0.38 | $3.97 | ||
| Q3 25 | $0.26 | $3.68 | ||
| Q2 25 | $0.20 | $3.49 | ||
| Q1 25 | $0.19 | $3.06 | ||
| Q4 24 | $0.34 | $4.29 | ||
| Q3 24 | $0.21 | $3.40 | ||
| Q2 24 | $0.14 | $3.12 |
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 | $647.0M | $382.9M |
| 总债务越低越好 | $321.0M | $9.7B |
| 股东权益账面价值 | $2.7B | $18.8B |
| 总资产 | $4.5B | $34.6B |
| 负债/权益比越低杠杆越低 | 0.12× | 0.52× |
8季度趋势，按日历期对齐
现金及短期投资DRSROP
| Q1 26 | — | $382.9M | ||
| Q4 25 | $647.0M | $297.4M | ||
| Q3 25 | $309.0M | $320.0M | ||
| Q2 25 | $278.0M | $242.4M | ||
| Q1 25 | $380.0M | $372.8M | ||
| Q4 24 | $598.0M | $188.2M | ||
| Q3 24 | $198.0M | $269.6M | ||
| Q2 24 | $149.0M | $251.5M |
总债务DRSROP
| Q1 26 | — | $9.7B | ||
| Q4 25 | $321.0M | $9.3B | ||
| Q3 25 | $326.0M | — | ||
| Q2 25 | $331.0M | — | ||
| Q1 25 | $335.0M | — | ||
| Q4 24 | $340.0M | $7.6B | ||
| Q3 24 | $345.0M | — | ||
| Q2 24 | $351.0M | — |
股东权益DRSROP
| Q1 26 | — | $18.8B | ||
| Q4 25 | $2.7B | $19.9B | ||
| Q3 25 | $2.6B | $20.0B | ||
| Q2 25 | $2.6B | $19.6B | ||
| Q1 25 | $2.6B | $19.2B | ||
| Q4 24 | $2.6B | $18.9B | ||
| Q3 24 | $2.5B | $18.5B | ||
| Q2 24 | $2.4B | $18.1B |
总资产DRSROP
| Q1 26 | — | $34.6B | ||
| Q4 25 | $4.5B | $34.6B | ||
| Q3 25 | $4.2B | $34.6B | ||
| Q2 25 | $4.1B | $33.2B | ||
| Q1 25 | $4.1B | $31.4B | ||
| Q4 24 | $4.2B | $31.3B | ||
| Q3 24 | $3.9B | $31.6B | ||
| Q2 24 | $3.8B | $29.8B |
负债/权益比DRSROP
| Q1 26 | — | 0.52× | ||
| Q4 25 | 0.12× | 0.47× | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | 0.13× | 0.40× | ||
| Q3 24 | 0.14× | — | ||
| Q2 24 | 0.15× | — |
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 | $425.0M | — |
| 自由现金流经营现金流 - 资本支出 | $376.0M | $507.0M |
| 自由现金流率自由现金流/营收 | 35.5% | 24.2% |
| 资本支出强度资本支出/营收 | 4.6% | 0.5% |
| 现金转化率经营现金流/净利润 | 4.17× | — |
| 过去12个月自由现金流最近4个季度 | $227.0M | — |
8季度趋势，按日历期对齐
经营现金流DRSROP
| Q1 26 | — | — | ||
| Q4 25 | $425.0M | $738.0M | ||
| Q3 25 | $107.0M | $869.5M | ||
| Q2 25 | $-28.0M | $404.1M | ||
| Q1 25 | $-138.0M | $528.7M | ||
| Q4 24 | $443.0M | $722.2M | ||
| Q3 24 | $59.0M | $755.4M | ||
| Q2 24 | $34.0M | $384.1M |
自由现金流DRSROP
| Q1 26 | — | $507.0M | ||
| Q4 25 | $376.0M | — | ||
| Q3 25 | $77.0M | — | ||
| Q2 25 | $-56.0M | — | ||
| Q1 25 | $-170.0M | — | ||
| Q4 24 | $414.0M | — | ||
| Q3 24 | $47.0M | — | ||
| Q2 24 | $0 | — |
自由现金流率DRSROP
| Q1 26 | — | 24.2% | ||
| Q4 25 | 35.5% | — | ||
| Q3 25 | 8.0% | — | ||
| Q2 25 | -6.8% | — | ||
| Q1 25 | -21.3% | — | ||
| Q4 24 | 42.2% | — | ||
| Q3 24 | 5.8% | — | ||
| Q2 24 | 0.0% | — |
资本支出强度DRSROP
| Q1 26 | — | 0.5% | ||
| Q4 25 | 4.6% | — | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 4.0% | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 4.5% | — |
现金转化率DRSROP
| Q1 26 | — | — | ||
| Q4 25 | 4.17× | 1.72× | ||
| Q3 25 | 1.49× | 2.18× | ||
| Q2 25 | -0.52× | 1.07× | ||
| Q1 25 | -2.76× | 1.60× | ||
| Q4 24 | 4.98× | 1.56× | ||
| Q3 24 | 1.04× | 2.05× | ||
| Q2 24 | 0.89× | 1.14× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
