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格罗方德（GFS）与LANDSTAR SYSTEM INC（LSTR）财务数据对比。点击上方公司名可切换其他公司
格罗方德的季度营收约是LANDSTAR SYSTEM INC的1.4倍（$1.7B vs $1.2B），格罗方德净利率更高（14.8% vs 3.4%，领先11.4%），LANDSTAR SYSTEM INC同比增速更快（1.6% vs -2.9%），过去两年LANDSTAR SYSTEM INC的营收复合增速更高（-2.2% vs -4.3%）
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
Landstar System Inc.是美国专业运输服务企业，主营第三方物流业务，依托由超8800名独立自营车主、1000余名独立货运代理人、7万余家合规认证承运商组成的庞大网络，服务主要覆盖美国全境，同时提供加拿大境内及美加、美墨跨境物流服务。
GFS vs LSTR — 直观对比
营收规模更大
GFS
是对方的1.4倍
$1.2B
营收增速更快
LSTR
高出4.6%
-2.9%
净利率更高
GFS
高出11.4%
3.4%
两年增速更快
LSTR
近两年复合增速
-4.3%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.2B |
| 净利润 | $249.0M | $39.4M |
| 毛利率 | 24.8% | 9.6% |
| 营业利润率 | 11.6% | 4.5% |
| 净利率 | 14.8% | 3.4% |
| 营收同比 | -2.9% | 1.6% |
| 净利润同比 | 39.9% | 32.3% |
| 每股收益（稀释后） | $0.44 | $1.16 |
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GFSLSTR
| Q1 26 | — | $1.2B | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | $1.7B | $1.2B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.6B | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $1.7B | $1.2B | ||
| Q2 24 | $1.6B | $1.2B |
净利润GFSLSTR
| Q1 26 | — | $39.4M | ||
| Q4 25 | — | $23.9M | ||
| Q3 25 | $249.0M | $19.4M | ||
| Q2 25 | $228.0M | $41.9M | ||
| Q1 25 | $211.0M | $29.8M | ||
| Q4 24 | — | $46.2M | ||
| Q3 24 | $178.0M | $50.0M | ||
| Q2 24 | $155.0M | $52.6M |
毛利率GFSLSTR
| Q1 26 | — | 9.6% | ||
| Q4 25 | — | — | ||
| Q3 25 | 24.8% | — | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 22.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 23.8% | — | ||
| Q2 24 | 24.2% | — |
营业利润率GFSLSTR
| Q1 26 | — | 4.5% | ||
| Q4 25 | — | 2.5% | ||
| Q3 25 | 11.6% | 2.2% | ||
| Q2 25 | 11.6% | 4.6% | ||
| Q1 25 | 9.5% | 3.4% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | 10.6% | 5.2% | ||
| Q2 24 | 9.5% | 5.6% |
净利率GFSLSTR
| Q1 26 | — | 3.4% | ||
| Q4 25 | — | 2.0% | ||
| Q3 25 | 14.8% | 1.6% | ||
| Q2 25 | 13.5% | 3.5% | ||
| Q1 25 | 13.3% | 2.6% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | 10.2% | 4.1% | ||
| Q2 24 | 9.5% | 4.3% |
每股收益（稀释后）GFSLSTR
| Q1 26 | — | $1.16 | ||
| Q4 25 | — | $0.70 | ||
| Q3 25 | $0.44 | $0.56 | ||
| Q2 25 | $0.41 | $1.20 | ||
| Q1 25 | $0.38 | $0.85 | ||
| Q4 24 | — | $1.30 | ||
| Q3 24 | $0.32 | $1.41 | ||
| Q2 24 | $0.28 | $1.48 |
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 | $2.0B | $411.0M |
| 总债务越低越好 | — | $26.1M |
| 股东权益账面价值 | $11.8B | $799.0M |
| 总资产 | $16.7B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 0.03× |
8季度趋势，按日历期对齐
现金及短期投资GFSLSTR
| Q1 26 | — | $411.0M | ||
| Q4 25 | — | $452.2M | ||
| Q3 25 | $2.0B | $434.4M | ||
| Q2 25 | $1.8B | $426.2M | ||
| Q1 25 | $1.6B | $473.4M | ||
| Q4 24 | — | $566.6M | ||
| Q3 24 | $2.3B | $531.3M | ||
| Q2 24 | $2.2B | $504.0M |
总债务GFSLSTR
| Q1 26 | — | $26.1M | ||
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 |
股东权益GFSLSTR
| Q1 26 | — | $799.0M | ||
| Q4 25 | — | $795.7M | ||
| Q3 25 | $11.8B | $888.7M | ||
| Q2 25 | $11.5B | $921.8M | ||
| Q1 25 | $11.1B | $930.8M | ||
| Q4 24 | — | $972.4M | ||
| Q3 24 | $11.6B | $1.0B | ||
| Q2 24 | $11.3B | $1.0B |
总资产GFSLSTR
| Q1 26 | — | $1.6B | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | $16.7B | $1.7B | ||
| Q2 25 | $16.8B | $1.7B | ||
| Q1 25 | $16.5B | $1.7B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $18.1B | $1.8B | ||
| Q2 24 | — | $1.8B |
负债/权益比GFSLSTR
| Q1 26 | — | 0.03× | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× |
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 | $595.0M | — |
| 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 | — | — |
| 现金转化率经营现金流/净利润 | 2.39× | — |
| 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GFSLSTR
| Q1 26 | — | — | ||
| Q4 25 | — | $72.7M | ||
| Q3 25 | $595.0M | $89.3M | ||
| Q2 25 | $431.0M | $7.1M | ||
| Q1 25 | $331.0M | $55.7M | ||
| Q4 24 | — | $61.1M | ||
| Q3 24 | $375.0M | $83.1M | ||
| Q2 24 | $402.0M | $48.1M |
自由现金流GFSLSTR
| Q1 26 | — | — | ||
| Q4 25 | — | $70.5M | ||
| Q3 25 | — | $86.0M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | — | $53.8M | ||
| Q4 24 | — | $54.4M | ||
| Q3 24 | — | $75.6M | ||
| Q2 24 | — | $40.6M |
自由现金流率GFSLSTR
| Q1 26 | — | — | ||
| Q4 25 | — | 6.0% | ||
| Q3 25 | — | 7.1% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 4.7% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 6.2% | ||
| Q2 24 | — | 3.3% |
资本支出强度GFSLSTR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.6% |
现金转化率GFSLSTR
| Q1 26 | — | — | ||
| Q4 25 | — | 3.04× | ||
| Q3 25 | 2.39× | 4.61× | ||
| Q2 25 | 1.89× | 0.17× | ||
| Q1 25 | 1.57× | 1.87× | ||
| Q4 24 | — | 1.32× | ||
| Q3 24 | 2.11× | 1.66× | ||
| Q2 24 | 2.59× | 0.91× |
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
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
LSTR
暂无分部数据
