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FORWARD AIR CORP（FWRD）与Lakeside Holding Ltd（LSH）财务数据对比。点击上方公司名可切换其他公司
FORWARD AIR CORP的季度营收约是Lakeside Holding Ltd的90.0倍（$631.2M vs $7.0M）。FORWARD AIR CORP净利率更高（-4.5% vs -22.6%，领先18.1%）。Lakeside Holding Ltd同比增速更快（95.0% vs -0.3%）
Forward Air Corp是北美领先的轻资产物流运输服务商，核心业务包括加急零担货运、最后一公里配送、多式联运、仓储及供应链解决方案，服务覆盖美加墨地区，主要服务电商、零售、制造、汽车等行业。
莱克赛德出版社是位于美国芝加哥的出版品牌，由RR唐纳利公司运营。该社除了出版高品质书籍外，还承印邮购目录、电话号码簿、百科全书与广告宣传品，最为人熟知的是为芝加哥卡克斯顿俱乐部出版的高端版本，以及经典重印丛书《莱克赛德经典》。
FWRD vs LSH — 直观对比
营收规模更大
FWRD
是对方的90.0倍
$7.0M
营收增速更快
LSH
高出95.3%
-0.3%
净利率更高
FWRD
高出18.1%
-22.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $631.2M | $7.0M |
| 净利润 | $-28.3M | $-1.6M |
| 毛利率 | — | 27.2% |
| 营业利润率 | -0.5% | -21.3% |
| 净利率 | -4.5% | -22.6% |
| 营收同比 | -0.3% | 95.0% |
| 净利润同比 | 22.2% | 18.7% |
| 每股收益（稀释后） | $-0.90 | $-0.08 |
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FWRDLSH
| Q4 25 | $631.2M | $7.0M | ||
| Q3 25 | $631.8M | $6.1M | ||
| Q2 25 | $618.8M | $6.3M | ||
| Q1 25 | $613.3M | $3.8M | ||
| Q4 24 | $632.8M | $3.6M | ||
| Q3 24 | $655.9M | $4.1M | ||
| Q2 24 | $643.7M | — | ||
| Q1 24 | $541.8M | — |
净利润FWRDLSH
| Q4 25 | $-28.3M | $-1.6M | ||
| Q3 25 | $-16.3M | $-1.4M | ||
| Q2 25 | $-12.6M | $-893.1K | ||
| Q1 25 | $-50.6M | $-1.1M | ||
| Q4 24 | $-36.4M | $-1.9M | ||
| Q3 24 | $-73.4M | $-1.3M | ||
| Q2 24 | $-645.4M | — | ||
| Q1 24 | $-61.7M | — |
毛利率FWRDLSH
| Q4 25 | — | 27.2% | ||
| Q3 25 | — | 18.2% | ||
| Q2 25 | — | 26.7% | ||
| Q1 25 | — | 18.8% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | — | 12.8% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率FWRDLSH
| Q4 25 | -0.5% | -21.3% | ||
| Q3 25 | 2.4% | -20.8% | ||
| Q2 25 | 3.2% | -8.9% | ||
| Q1 25 | 0.8% | -28.2% | ||
| Q4 24 | 12.0% | -55.6% | ||
| Q3 24 | 3.5% | -32.5% | ||
| Q2 24 | -170.2% | — | ||
| Q1 24 | -12.1% | — |
净利率FWRDLSH
| Q4 25 | -4.5% | -22.6% | ||
| Q3 25 | -2.6% | -22.2% | ||
| Q2 25 | -2.0% | -14.2% | ||
| Q1 25 | -8.3% | -28.2% | ||
| Q4 24 | -5.8% | -54.1% | ||
| Q3 24 | -11.2% | -32.7% | ||
| Q2 24 | -100.3% | — | ||
| Q1 24 | -11.4% | — |
每股收益（稀释后）FWRDLSH
| Q4 25 | $-0.90 | $-0.08 | ||
| Q3 25 | $-0.52 | $-0.09 | ||
| Q2 25 | $-0.41 | $-0.11 | ||
| Q1 25 | $-1.68 | $-0.14 | ||
| Q4 24 | $-1.69 | $-0.26 | ||
| Q3 24 | $-2.66 | $-0.18 | ||
| Q2 24 | $-23.47 | — | ||
| Q1 24 | $-2.81 | — |
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 | $106.0M | $1.6M |
| 总债务越低越好 | $1.7B | $2.4M |
| 股东权益账面价值 | $113.3M | $12.2M |
| 总资产 | $2.7B | $24.3M |
| 负债/权益比越低杠杆越低 | 14.89× | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资FWRDLSH
| Q4 25 | $106.0M | $1.6M | ||
| Q3 25 | $140.4M | $4.5M | ||
| Q2 25 | $95.1M | $5.0M | ||
| Q1 25 | $116.3M | $1.5M | ||
| Q4 24 | $104.9M | $1.1M | ||
| Q3 24 | $136.6M | $2.7M | ||
| Q2 24 | $84.9M | — | ||
| Q1 24 | $152.0M | — |
总债务FWRDLSH
| Q4 25 | $1.7B | $2.4M | ||
| Q3 25 | $1.7B | $2.4M | ||
| Q2 25 | — | $1.4M | ||
| Q1 25 | — | $774.2K | ||
| Q4 24 | — | $784.8K | ||
| Q3 24 | — | $589.9K | ||
| Q2 24 | — | — | ||
| Q1 24 | $1.7B | — |
股东权益FWRDLSH
| Q4 25 | $113.3M | $12.2M | ||
| Q3 25 | $139.8M | $7.0M | ||
| Q2 25 | $151.8M | $2.8M | ||
| Q1 25 | $154.6M | $749.8K | ||
| Q4 24 | $201.7M | $1.6M | ||
| Q3 24 | $226.1M | $3.6M | ||
| Q2 24 | $283.8M | — | ||
| Q1 24 | $926.1M | — |
总资产FWRDLSH
| Q4 25 | $2.7B | $24.3M | ||
| Q3 25 | $2.8B | $18.6M | ||
| Q2 25 | $2.8B | $14.4M | ||
| Q1 25 | $2.8B | $9.9M | ||
| Q4 24 | $2.8B | $9.8M | ||
| Q3 24 | $3.1B | $10.8M | ||
| Q2 24 | $3.1B | — | ||
| Q1 24 | $4.0B | — |
负债/权益比FWRDLSH
| Q4 25 | 14.89× | 0.20× | ||
| Q3 25 | 12.05× | 0.35× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | 1.03× | ||
| Q4 24 | — | 0.48× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.81× | — |
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 | — | $-453.5K |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 1.3% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FWRDLSH
| Q4 25 | — | $-453.5K | ||
| Q3 25 | $52.7M | $-4.0M | ||
| Q2 25 | — | $-483.7K | ||
| Q1 25 | $27.6M | $-238.3K | ||
| Q4 24 | $-23.2M | $-530.2K | ||
| Q3 24 | $51.2M | $-1.4M | ||
| Q2 24 | $-45.2M | — | ||
| Q1 24 | $-51.7M | — |
自由现金流FWRDLSH
| Q4 25 | — | — | ||
| Q3 25 | $48.6M | — | ||
| Q2 25 | — | $-497.4K | ||
| Q1 25 | $15.7M | — | ||
| Q4 24 | $-30.5M | $-560.5K | ||
| Q3 24 | $40.7M | $-1.4M | ||
| Q2 24 | $-59.6M | — | ||
| Q1 24 | $-56.7M | — |
自由现金流率FWRDLSH
| Q4 25 | — | — | ||
| Q3 25 | 7.7% | — | ||
| Q2 25 | — | -7.9% | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | -4.8% | -15.6% | ||
| Q3 24 | 6.2% | -34.5% | ||
| Q2 24 | -9.3% | — | ||
| Q1 24 | -10.5% | — |
资本支出强度FWRDLSH
| Q4 25 | 1.3% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.8% | 0.2% | ||
| Q1 25 | 1.9% | 0.0% | ||
| Q4 24 | 1.1% | 0.8% | ||
| Q3 24 | 1.6% | 0.1% | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 0.9% | — |
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
FWRD
| Omni Logistics Segment | $359.8M | 57% |
| Network | $183.9M | 29% |
| Intermodal Segment | $50.2M | 8% |
| Truckload | $41.6M | 7% |
LSH
| Transferred Over Time | $4.6M | 65% |
| Distribution Of Pharmaceutical Products | $2.4M | 35% |
