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G III APPAREL GROUP LTD（GIII）与李维斯（LEVI）财务数据对比。点击上方公司名可切换其他公司
李维斯的季度营收约是G III APPAREL GROUP LTD的1.8倍（$1.8B vs $988.6M）。李维斯净利率更高（8.9% vs 8.2%，领先0.8%）。李维斯同比增速更快（-4.0% vs -9.0%）。李维斯自由现金流更多（$215.7M vs $-106.4M）。过去两年G III APPAREL GROUP LTD的营收复合增速更高（13.7% vs 6.5%）
GIII服装集团是一家国际时尚企业，设计、生产及销售服装、鞋履、配饰等产品，拥有多个知名自有及授权品牌，覆盖休闲、运动、轻奢等多个品类，主要销往北美、欧洲等全球市场，合作客户包括百货商场、专业零售商及电商平台。
李维斯（Levi Strauss & Co.）是全球知名的美国服饰企业，凭借旗下Levi's品牌丹宁牛仔裤享誉全球。公司创立于1853年5月，由德裔犹太移民李维·斯特劳斯在旧金山成立，注册地为特拉华州，总部设在旧金山李维斯广场。
GIII vs LEVI — 直观对比
营收规模更大
LEVI
是对方的1.8倍
$988.6M
营收增速更快
LEVI
高出5.0%
-9.0%
净利率更高
LEVI
高出0.8%
8.2%
自由现金流更多
LEVI
多$322.1M
$-106.4M
两年增速更快
GIII
近两年复合增速
6.5%
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $988.6M | $1.8B |
| 净利润 | $80.6M | $158.0M |
| 毛利率 | 38.6% | 60.8% |
| 营业利润率 | 11.4% | 11.9% |
| 净利率 | 8.2% | 8.9% |
| 营收同比 | -9.0% | -4.0% |
| 净利润同比 | -29.8% | -13.4% |
| 每股收益（稀释后） | $1.84 | $0.39 |
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GIIILEVI
| Q4 25 | $988.6M | $1.8B | ||
| Q3 25 | $613.3M | $1.5B | ||
| Q2 25 | $583.6M | $1.4B | ||
| Q1 25 | $839.5M | $1.5B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $644.8M | $1.5B | ||
| Q2 24 | $609.7M | $1.4B | ||
| Q1 24 | $764.8M | $1.6B |
净利润GIIILEVI
| Q4 25 | $80.6M | $158.0M | ||
| Q3 25 | $10.9M | $218.1M | ||
| Q2 25 | $7.8M | $67.0M | ||
| Q1 25 | $48.8M | $135.0M | ||
| Q4 24 | $114.8M | $182.5M | ||
| Q3 24 | $24.2M | $20.7M | ||
| Q2 24 | $5.8M | $18.0M | ||
| Q1 24 | $28.9M | $-10.6M |
毛利率GIIILEVI
| Q4 25 | 38.6% | 60.8% | ||
| Q3 25 | 40.8% | 61.7% | ||
| Q2 25 | 42.2% | 62.6% | ||
| Q1 25 | 39.5% | 62.1% | ||
| Q4 24 | 39.8% | 61.3% | ||
| Q3 24 | 42.8% | 60.0% | ||
| Q2 24 | 42.5% | 60.5% | ||
| Q1 24 | 36.9% | 58.2% |
营业利润率GIIILEVI
| Q4 25 | 11.4% | 11.9% | ||
| Q3 25 | 2.7% | 10.8% | ||
| Q2 25 | 1.5% | 7.5% | ||
| Q1 25 | 8.5% | 12.5% | ||
| Q4 24 | 15.3% | 11.5% | ||
| Q3 24 | 6.4% | 2.0% | ||
| Q2 24 | 2.2% | 1.5% | ||
| Q1 24 | 6.1% | -0.0% |
净利率GIIILEVI
| Q4 25 | 8.2% | 8.9% | ||
| Q3 25 | 1.8% | 14.1% | ||
| Q2 25 | 1.3% | 4.6% | ||
| Q1 25 | 5.8% | 8.8% | ||
| Q4 24 | 10.6% | 9.9% | ||
| Q3 24 | 3.8% | 1.4% | ||
| Q2 24 | 1.0% | 1.2% | ||
| Q1 24 | 3.8% | -0.7% |
每股收益（稀释后）GIIILEVI
| Q4 25 | $1.84 | $0.39 | ||
| Q3 25 | $0.25 | $0.55 | ||
| Q2 25 | $0.17 | $0.17 | ||
| Q1 25 | $1.00 | $0.34 | ||
| Q4 24 | $2.55 | $0.46 | ||
| Q3 24 | $0.53 | $0.05 | ||
| Q2 24 | $0.12 | $0.04 | ||
| Q1 24 | $0.59 | $-0.03 |
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 | $184.1M | $848.8M |
| 总债务越低越好 | $6.5M | $1.1B |
| 股东权益账面价值 | $1.8B | $2.3B |
| 总资产 | $2.8B | $6.8B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资GIIILEVI
| Q4 25 | $184.1M | $848.8M | ||
| Q3 25 | $301.8M | $707.5M | ||
| Q2 25 | $257.8M | $736.7M | ||
| Q1 25 | $181.4M | $574.4M | ||
| Q4 24 | $104.7M | $690.0M | ||
| Q3 24 | $414.8M | $577.1M | ||
| Q2 24 | $508.4M | $641.4M | ||
| Q1 24 | $507.8M | $516.7M |
总债务GIIILEVI
| Q4 25 | $6.5M | $1.1B | ||
| Q3 25 | $6.9M | $1.0B | ||
| Q2 25 | $6.8M | $1.0B | ||
| Q1 25 | $3.0M | $987.4M | ||
| Q4 24 | $213.9M | $994.0M | ||
| Q3 24 | $402.5M | $1.0B | ||
| Q2 24 | $402.7M | $1.0B | ||
| Q1 24 | $402.8M | $1.0B |
股东权益GIIILEVI
| Q4 25 | $1.8B | $2.3B | ||
| Q3 25 | $1.7B | $2.2B | ||
| Q2 25 | $1.7B | $2.1B | ||
| Q1 25 | $1.7B | $2.0B | ||
| Q4 24 | $1.6B | $2.0B | ||
| Q3 24 | $1.5B | $1.9B | ||
| Q2 24 | $1.5B | $2.0B | ||
| Q1 24 | $1.6B | $2.0B |
总资产GIIILEVI
| Q4 25 | $2.8B | $6.8B | ||
| Q3 25 | $2.7B | $6.7B | ||
| Q2 25 | $2.4B | $6.5B | ||
| Q1 25 | $2.5B | $6.2B | ||
| Q4 24 | $2.8B | $6.4B | ||
| Q3 24 | $2.7B | $6.3B | ||
| Q2 24 | $2.6B | $6.2B | ||
| Q1 24 | $2.7B | $6.0B |
负债/权益比GIIILEVI
| Q4 25 | 0.00× | 0.46× | ||
| Q3 25 | 0.00× | 0.48× | ||
| Q2 25 | 0.00× | 0.49× | ||
| Q1 25 | 0.00× | 0.49× | ||
| Q4 24 | 0.13× | 0.50× | ||
| Q3 24 | 0.27× | 0.54× | ||
| Q2 24 | 0.26× | 0.51× | ||
| Q1 24 | 0.26× | 0.51× |
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 | $-97.3M | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $-106.4M | $215.7M |
| 自由现金流率自由现金流/营收 | -10.8% | 12.2% |
| 资本支出强度资本支出/营收 | 0.9% | 2.9% |
| 现金转化率经营现金流/净利润 | -1.21× | 1.69× |
| 过去12个月自由现金流最近4个季度 | $367.7M | $308.2M |
8季度趋势，按日历期对齐
经营现金流GIIILEVI
| Q4 25 | $-97.3M | $266.8M | ||
| Q3 25 | $75.1M | $24.8M | ||
| Q2 25 | $93.8M | $185.5M | ||
| Q1 25 | $333.4M | $52.5M | ||
| Q4 24 | $-111.8M | $297.3M | ||
| Q3 24 | $49.3M | $52.3M | ||
| Q2 24 | $45.5M | $262.8M | ||
| Q1 24 | $361.3M | $286.0M |
自由现金流GIIILEVI
| Q4 25 | $-106.4M | $215.7M | ||
| Q3 25 | $64.7M | $-39.4M | ||
| Q2 25 | $85.7M | $146.0M | ||
| Q1 25 | $323.7M | $-14.1M | ||
| Q4 24 | $-120.3M | $231.6M | ||
| Q3 24 | $38.8M | $2.3M | ||
| Q2 24 | $32.8M | $222.6M | ||
| Q1 24 | $352.3M | $214.4M |
自由现金流率GIIILEVI
| Q4 25 | -10.8% | 12.2% | ||
| Q3 25 | 10.6% | -2.6% | ||
| Q2 25 | 14.7% | 10.1% | ||
| Q1 25 | 38.6% | -0.9% | ||
| Q4 24 | -11.1% | 12.6% | ||
| Q3 24 | 6.0% | 0.2% | ||
| Q2 24 | 5.4% | 15.4% | ||
| Q1 24 | 46.1% | 13.8% |
资本支出强度GIIILEVI
| Q4 25 | 0.9% | 2.9% | ||
| Q3 25 | 1.7% | 4.2% | ||
| Q2 25 | 1.4% | 2.7% | ||
| Q1 25 | 1.2% | 4.4% | ||
| Q4 24 | 0.8% | 3.6% | ||
| Q3 24 | 1.6% | 3.3% | ||
| Q2 24 | 2.1% | 2.8% | ||
| Q1 24 | 1.2% | 4.6% |
现金转化率GIIILEVI
| Q4 25 | -1.21× | 1.69× | ||
| Q3 25 | 6.86× | 0.11× | ||
| Q2 25 | 12.09× | 2.77× | ||
| Q1 25 | 6.83× | 0.39× | ||
| Q4 24 | -0.97× | 1.63× | ||
| Q3 24 | 2.04× | 2.53× | ||
| Q2 24 | 7.84× | 14.60× | ||
| Q1 24 | 12.52× | — |
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
GIII
| Proprietary Brands | $498.1M | 50% |
| Licensed Brands | $479.2M | 48% |
| Retail Segment | $45.7M | 5% |
LEVI
| Other | $760.3M | 43% |
| Sales Channel Through Intermediary | $583.2M | 33% |
| Sales Channel Directly To Consumer | $376.0M | 21% |
| Beyond Yoga | $46.3M | 3% |
