vs
格罗方德（GFS）与拉夫劳伦（RL）财务数据对比。点击上方公司名可切换其他公司
拉夫劳伦的季度营收约是格罗方德的1.4倍（$2.4B vs $1.7B），拉夫劳伦净利率更高（15.0% vs 14.8%，领先0.3%），拉夫劳伦同比增速更快（12.2% vs -2.9%），过去两年拉夫劳伦的营收复合增速更高（23.9% 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。
拉夫劳伦是源自美国的跨国时尚巨头，旗下同名高端时尚品牌风靡全球，企业规模达数十亿美元。品牌创始人拉夫劳伦于2015年9月卸任首席执行官，仍留任执行董事长兼首席创意官，主导品牌创意与整体发展方向。
GFS vs RL — 直观对比
营收规模更大
RL
是对方的1.4倍
$1.7B
营收增速更快
RL
高出15.2%
-2.9%
净利率更高
RL
高出0.3%
14.8%
两年增速更快
RL
近两年复合增速
-4.3%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $2.4B |
| 净利润 | $249.0M | $361.6M |
| 毛利率 | 24.8% | 69.9% |
| 营业利润率 | 11.6% | 19.6% |
| 净利率 | 14.8% | 15.0% |
| 营收同比 | -2.9% | 12.2% |
| 净利润同比 | 39.9% | 21.6% |
| 每股收益（稀释后） | $0.44 | $5.82 |
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GFSRL
| Q4 25 | — | $2.4B | ||
| Q3 25 | $1.7B | $2.0B | ||
| Q2 25 | $1.7B | $1.7B | ||
| Q1 25 | $1.6B | $1.7B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | $1.7B | $1.7B | ||
| Q2 24 | $1.6B | $1.5B | ||
| Q1 24 | $1.5B | $1.6B |
净利润GFSRL
| Q4 25 | — | $361.6M | ||
| Q3 25 | $249.0M | $207.5M | ||
| Q2 25 | $228.0M | $220.4M | ||
| Q1 25 | $211.0M | $129.0M | ||
| Q4 24 | — | $297.4M | ||
| Q3 24 | $178.0M | $147.9M | ||
| Q2 24 | $155.0M | $168.6M | ||
| Q1 24 | $134.0M | $90.7M |
毛利率GFSRL
| Q4 25 | — | 69.9% | ||
| Q3 25 | 24.8% | 68.0% | ||
| Q2 25 | 24.2% | 72.3% | ||
| Q1 25 | 22.4% | 68.7% | ||
| Q4 24 | — | 68.4% | ||
| Q3 24 | 23.8% | 67.0% | ||
| Q2 24 | 24.2% | 70.5% | ||
| Q1 24 | 25.4% | 66.6% |
营业利润率GFSRL
| Q4 25 | — | 19.6% | ||
| Q3 25 | 11.6% | 12.2% | ||
| Q2 25 | 11.6% | 15.9% | ||
| Q1 25 | 9.5% | 9.1% | ||
| Q4 24 | — | 18.2% | ||
| Q3 24 | 10.6% | 10.4% | ||
| Q2 24 | 9.5% | 13.8% | ||
| Q1 24 | 9.5% | 6.9% |
净利率GFSRL
| Q4 25 | — | 15.0% | ||
| Q3 25 | 14.8% | 10.3% | ||
| Q2 25 | 13.5% | 12.8% | ||
| Q1 25 | 13.3% | 7.6% | ||
| Q4 24 | — | 13.9% | ||
| Q3 24 | 10.2% | 8.6% | ||
| Q2 24 | 9.5% | 11.1% | ||
| Q1 24 | 8.7% | 5.8% |
每股收益（稀释后）GFSRL
| Q4 25 | — | $5.82 | ||
| Q3 25 | $0.44 | $3.32 | ||
| Q2 25 | $0.41 | $3.52 | ||
| Q1 25 | $0.38 | $2.03 | ||
| Q4 24 | — | $4.66 | ||
| Q3 24 | $0.32 | $2.31 | ||
| Q2 24 | $0.28 | $2.61 | ||
| Q1 24 | $0.24 | $1.37 |
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 | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $11.8B | $2.9B |
| 总资产 | $16.7B | $7.8B |
| 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GFSRL
| Q4 25 | — | $2.3B | ||
| Q3 25 | $2.0B | $1.6B | ||
| Q2 25 | $1.8B | $2.3B | ||
| Q1 25 | $1.6B | $2.1B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | $2.3B | $1.7B | ||
| Q2 24 | $2.2B | $1.8B | ||
| Q1 24 | $2.2B | $1.8B |
股东权益GFSRL
| Q4 25 | — | $2.9B | ||
| Q3 25 | $11.8B | $2.6B | ||
| Q2 25 | $11.5B | $2.5B | ||
| Q1 25 | $11.1B | $2.6B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | $11.6B | $2.4B | ||
| Q2 24 | $11.3B | $2.4B | ||
| Q1 24 | $11.3B | $2.5B |
总资产GFSRL
| Q4 25 | — | $7.8B | ||
| Q3 25 | $16.7B | $7.3B | ||
| Q2 25 | $16.8B | $7.8B | ||
| Q1 25 | $16.5B | $7.0B | ||
| Q4 24 | — | $7.1B | ||
| Q3 24 | $18.1B | $6.8B | ||
| Q2 24 | — | $6.6B | ||
| Q1 24 | — | $6.6B |
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 | $779.6M |
| 自由现金流经营现金流 - 资本支出 | — | $704.0M |
| 自由现金流率自由现金流/营收 | — | 29.3% |
| 资本支出强度资本支出/营收 | — | 3.1% |
| 现金转化率经营现金流/净利润 | 2.39× | 2.16× |
| 过去12个月自由现金流最近4个季度 | — | $694.5M |
8季度趋势，按日历期对齐
经营现金流GFSRL
| Q4 25 | — | $779.6M | ||
| Q3 25 | $595.0M | $53.2M | ||
| Q2 25 | $431.0M | $176.1M | ||
| Q1 25 | $331.0M | $122.2M | ||
| Q4 24 | — | $738.4M | ||
| Q3 24 | $375.0M | $97.2M | ||
| Q2 24 | $402.0M | $277.3M | ||
| Q1 24 | $488.0M | — |
自由现金流GFSRL
| Q4 25 | — | $704.0M | ||
| Q3 25 | — | $-40.6M | ||
| Q2 25 | — | $-11.2M | ||
| Q1 25 | — | $42.3M | ||
| Q4 24 | — | $677.2M | ||
| Q3 24 | — | $55.5M | ||
| Q2 24 | — | $243.9M | ||
| Q1 24 | — | — |
自由现金流率GFSRL
| Q4 25 | — | 29.3% | ||
| Q3 25 | — | -2.0% | ||
| Q2 25 | — | -0.7% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | — | 31.6% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 16.1% | ||
| Q1 24 | — | — |
资本支出强度GFSRL
| Q4 25 | — | 3.1% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 10.9% | ||
| Q1 25 | — | 4.7% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | — |
现金转化率GFSRL
| Q4 25 | — | 2.16× | ||
| Q3 25 | 2.39× | 0.26× | ||
| Q2 25 | 1.89× | 0.80× | ||
| Q1 25 | 1.57× | 0.95× | ||
| Q4 24 | — | 2.48× | ||
| Q3 24 | 2.11× | 0.66× | ||
| Q2 24 | 2.59× | 1.64× | ||
| Q1 24 | 3.64× | — |
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% |
RL
暂无分部数据
