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西蒙地产集团（ELS）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西蒙地产集团的1.7倍（$665.5M vs $397.6M），朗美通同比增速更快（65.5% vs 6.3%），过去两年朗美通的营收复合增速更高（34.8% vs 2.3%）
西蒙地产集团是美国头部房地产投资信托企业，投资范围涵盖购物中心、奥特莱斯及社区生活中心等商业地产业态，是美国规模最大的购物中心持有方，总部位于印第安纳州印第安纳波利斯，截至2024年12月末共持有232处物业权益。
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。
ELS vs LITE — 直观对比
营收规模更大
LITE
是对方的1.7倍
$397.6M
营收增速更快
LITE
高出59.1%
6.3%
两年增速更快
LITE
近两年复合增速
2.3%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $397.6M | $665.5M |
| 净利润 | — | $78.2M |
| 毛利率 | — | 36.1% |
| 营业利润率 | — | 9.7% |
| 净利率 | — | 11.8% |
| 营收同比 | 6.3% | 65.5% |
| 净利润同比 | — | 228.4% |
| 每股收益（稀释后） | $0.56 | $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ELSLITE
| Q1 26 | $397.6M | — | ||
| Q4 25 | $373.9M | $665.5M | ||
| Q3 25 | $393.3M | $533.8M | ||
| Q2 25 | $376.9M | $480.7M | ||
| Q1 25 | $387.3M | $425.2M | ||
| Q4 24 | $372.3M | $402.2M | ||
| Q3 24 | $387.3M | $336.9M | ||
| Q2 24 | $380.0M | $308.3M |
净利润ELSLITE
| Q1 26 | — | — | ||
| Q4 25 | $103.8M | $78.2M | ||
| Q3 25 | $100.4M | $4.2M | ||
| Q2 25 | $83.5M | $213.3M | ||
| Q1 25 | $114.4M | $-44.1M | ||
| Q4 24 | $100.6M | $-60.9M | ||
| Q3 24 | $86.9M | $-82.4M | ||
| Q2 24 | $82.1M | $-252.5M |
毛利率ELSLITE
| Q1 26 | — | — | ||
| Q4 25 | — | 36.1% | ||
| Q3 25 | — | 34.0% | ||
| Q2 25 | — | 33.3% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | — | 24.8% | ||
| Q3 24 | — | 23.1% | ||
| Q2 24 | — | 16.6% |
营业利润率ELSLITE
| Q1 26 | — | — | ||
| Q4 25 | 26.5% | 9.7% | ||
| Q3 25 | 25.1% | 1.3% | ||
| Q2 25 | 22.3% | -1.7% | ||
| Q1 25 | 28.3% | -8.9% | ||
| Q4 24 | 27.2% | -12.8% | ||
| Q3 24 | 21.4% | -24.5% | ||
| Q2 24 | 21.5% | -43.3% |
净利率ELSLITE
| Q1 26 | — | — | ||
| Q4 25 | 27.8% | 11.8% | ||
| Q3 25 | 25.5% | 0.8% | ||
| Q2 25 | 22.2% | 44.4% | ||
| Q1 25 | 29.5% | -10.4% | ||
| Q4 24 | 27.0% | -15.1% | ||
| Q3 24 | 22.4% | -24.5% | ||
| Q2 24 | 21.6% | -81.9% |
每股收益（稀释后）ELSLITE
| Q1 26 | $0.56 | — | ||
| Q4 25 | $0.52 | $0.89 | ||
| Q3 25 | $0.50 | $0.05 | ||
| Q2 25 | $0.42 | $3.10 | ||
| Q1 25 | $0.57 | $-0.64 | ||
| Q4 24 | $0.51 | $-0.88 | ||
| Q3 24 | $0.44 | $-1.21 | ||
| Q2 24 | $0.42 | $-3.75 |
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 | — | $1.2B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.8B | $846.6M |
| 总资产 | $5.7M | $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ELSLITE
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $877.1M | ||
| Q1 25 | — | $866.7M | ||
| Q4 24 | — | $896.7M | ||
| Q3 24 | — | $916.1M | ||
| Q2 24 | — | $887.0M |
总债务ELSLITE
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ELSLITE
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $846.6M | ||
| Q3 25 | $1.8B | $780.8M | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $1.7B | $879.5M | ||
| Q4 24 | $1.7B | $872.3M | ||
| Q3 24 | $1.4B | $895.9M | ||
| Q2 24 | $1.4B | $957.3M |
总资产ELSLITE
| Q1 26 | $5.7M | — | ||
| Q4 25 | $5.7B | $4.8B | ||
| Q3 25 | $5.7B | $4.6B | ||
| Q2 25 | $5.7B | $4.2B | ||
| Q1 25 | $5.6B | $4.0B | ||
| Q4 24 | $5.6B | $4.0B | ||
| Q3 24 | $5.6B | $4.0B | ||
| Q2 24 | $5.6B | $3.9B |
负债/权益比ELSLITE
| Q1 26 | — | — | ||
| Q4 25 | 1.91× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $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 | — | 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ELSLITE
| Q1 26 | — | — | ||
| Q4 25 | $571.1M | $126.7M | ||
| Q3 25 | $147.0M | $57.9M | ||
| Q2 25 | $131.3M | $64.0M | ||
| Q1 25 | $193.4M | $-1.6M | ||
| Q4 24 | $596.7M | $24.3M | ||
| Q3 24 | $149.5M | $39.6M | ||
| Q2 24 | $143.1M | $35.5M |
自由现金流ELSLITE
| Q1 26 | — | — | ||
| Q4 25 | $334.1M | $43.1M | ||
| Q3 25 | $75.7M | $-18.3M | ||
| Q2 25 | $71.8M | $10.1M | ||
| Q1 25 | $148.2M | $-64.4M | ||
| Q4 24 | $355.4M | $-15.9M | ||
| Q3 24 | $91.1M | $-34.5M | ||
| Q2 24 | $80.6M | $10.9M |
自由现金流率ELSLITE
| Q1 26 | — | — | ||
| Q4 25 | 89.4% | 6.5% | ||
| Q3 25 | 19.3% | -3.4% | ||
| Q2 25 | 19.1% | 2.1% | ||
| Q1 25 | 38.3% | -15.1% | ||
| Q4 24 | 95.5% | -4.0% | ||
| Q3 24 | 23.5% | -10.2% | ||
| Q2 24 | 21.2% | 3.5% |
资本支出强度ELSLITE
| Q1 26 | — | — | ||
| Q4 25 | 63.4% | 12.6% | ||
| Q3 25 | 18.1% | 14.3% | ||
| Q2 25 | 15.8% | 11.2% | ||
| Q1 25 | 11.7% | 14.8% | ||
| Q4 24 | 64.8% | 10.0% | ||
| Q3 24 | 15.1% | 22.0% | ||
| Q2 24 | 16.5% | 8.0% |
现金转化率ELSLITE
| Q1 26 | — | — | ||
| Q4 25 | 5.50× | 1.62× | ||
| Q3 25 | 1.46× | 13.79× | ||
| Q2 25 | 1.57× | 0.30× | ||
| Q1 25 | 1.69× | — | ||
| Q4 24 | 5.93× | — | ||
| Q3 24 | 1.72× | — | ||
| Q2 24 | 1.74× | — |
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
ELS
| Rental income | $339.0M | 85% |
| Other | $37.2M | 9% |
| Annual membership subscriptions | $18.3M | 5% |
| Membership upgrade revenue | $3.1M | 1% |
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
