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G III APPAREL GROUP LTD（GIII）与罗技（LOGI）财务数据对比。点击上方公司名可切换其他公司
罗技的季度营收约是G III APPAREL GROUP LTD的1.4倍（$1.4B vs $988.6M），罗技净利率更高（17.7% vs 8.2%，领先9.5%），罗技同比增速更快（6.1% vs -9.0%），罗技自由现金流更多（$465.6M vs $-106.4M），过去两年罗技的营收复合增速更高（18.5% vs 13.7%）
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。
罗技国际是总部位于瑞士洛桑的跨国企业，专注于计算机外设及相关软件的研发与生产，在欧洲、亚洲、大洋洲、美洲均设有分支机构，为瑞士市场指数成分股，同时在纳斯达克交易所挂牌上市。
GIII vs LOGI — 直观对比
营收规模更大
LOGI
是对方的1.4倍
$988.6M
营收增速更快
LOGI
高出15.1%
-9.0%
净利率更高
LOGI
高出9.5%
8.2%
自由现金流更多
LOGI
多$572.1M
$-106.4M
两年增速更快
LOGI
近两年复合增速
13.7%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $988.6M | $1.4B |
| 净利润 | $80.6M | $251.0M |
| 毛利率 | 38.6% | 43.2% |
| 营业利润率 | 11.4% | 20.1% |
| 净利率 | 8.2% | 17.7% |
| 营收同比 | -9.0% | 6.1% |
| 净利润同比 | -29.8% | 25.4% |
| 每股收益（稀释后） | $1.84 | $1.69 |
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GIIILOGI
| Q4 25 | $988.6M | $1.4B | ||
| Q3 25 | $613.3M | $1.2B | ||
| Q2 25 | $583.6M | $1.1B | ||
| Q1 25 | $839.5M | $1.0B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $644.8M | $1.1B | ||
| Q2 24 | $609.7M | $1.1B | ||
| Q1 24 | $764.8M | $1.0B |
净利润GIIILOGI
| Q4 25 | $80.6M | $251.0M | ||
| Q3 25 | $10.9M | $170.7M | ||
| Q2 25 | $7.8M | $146.0M | ||
| Q1 25 | $48.8M | $144.1M | ||
| Q4 24 | $114.8M | $200.1M | ||
| Q3 24 | $24.2M | $145.5M | ||
| Q2 24 | $5.8M | $141.8M | ||
| Q1 24 | $28.9M | $167.6M |
毛利率GIIILOGI
| Q4 25 | 38.6% | 43.2% | ||
| Q3 25 | 40.8% | 43.4% | ||
| Q2 25 | 42.2% | 41.7% | ||
| Q1 25 | 39.5% | 43.1% | ||
| Q4 24 | 39.8% | 42.9% | ||
| Q3 24 | 42.8% | 43.6% | ||
| Q2 24 | 42.5% | 42.8% | ||
| Q1 24 | 36.9% | 43.2% |
营业利润率GIIILOGI
| Q4 25 | 11.4% | 20.1% | ||
| Q3 25 | 2.7% | 16.1% | ||
| Q2 25 | 1.5% | 14.1% | ||
| Q1 25 | 8.5% | 10.5% | ||
| Q4 24 | 15.3% | 17.5% | ||
| Q3 24 | 6.4% | 14.4% | ||
| Q2 24 | 2.2% | 14.1% | ||
| Q1 24 | 6.1% | 12.9% |
净利率GIIILOGI
| Q4 25 | 8.2% | 17.7% | ||
| Q3 25 | 1.8% | 14.4% | ||
| Q2 25 | 1.3% | 12.7% | ||
| Q1 25 | 5.8% | 14.3% | ||
| Q4 24 | 10.6% | 14.9% | ||
| Q3 24 | 3.8% | 13.0% | ||
| Q2 24 | 1.0% | 13.0% | ||
| Q1 24 | 3.8% | 16.6% |
每股收益（稀释后）GIIILOGI
| Q4 25 | $1.84 | $1.69 | ||
| Q3 25 | $0.25 | $1.15 | ||
| Q2 25 | $0.17 | $0.98 | ||
| Q1 25 | $1.00 | $0.94 | ||
| Q4 24 | $2.55 | $1.32 | ||
| Q3 24 | $0.53 | $0.95 | ||
| Q2 24 | $0.12 | $0.92 | ||
| Q1 24 | $0.59 | $1.07 |
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 | $1.8B |
| 总债务越低越好 | $6.5M | — |
| 股东权益账面价值 | $1.8B | $2.3B |
| 总资产 | $2.8B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资GIIILOGI
| Q4 25 | $184.1M | $1.8B | ||
| Q3 25 | $301.8M | $1.4B | ||
| Q2 25 | $257.8M | $1.5B | ||
| Q1 25 | $181.4M | $1.5B | ||
| Q4 24 | $104.7M | $1.5B | ||
| Q3 24 | $414.8M | $1.4B | ||
| Q2 24 | $508.4M | $1.5B | ||
| Q1 24 | $507.8M | $1.5B |
总债务GIIILOGI
| Q4 25 | $6.5M | — | ||
| Q3 25 | $6.9M | — | ||
| Q2 25 | $6.8M | — | ||
| Q1 25 | $3.0M | — | ||
| Q4 24 | $213.9M | — | ||
| Q3 24 | $402.5M | — | ||
| Q2 24 | $402.7M | — | ||
| Q1 24 | $402.8M | — |
股东权益GIIILOGI
| Q4 25 | $1.8B | $2.3B | ||
| Q3 25 | $1.7B | $2.1B | ||
| Q2 25 | $1.7B | $2.2B | ||
| Q1 25 | $1.7B | $2.1B | ||
| Q4 24 | $1.6B | $2.1B | ||
| Q3 24 | $1.5B | $2.1B | ||
| Q2 24 | $1.5B | $2.2B | ||
| Q1 24 | $1.6B | $2.2B |
总资产GIIILOGI
| Q4 25 | $2.8B | $4.1B | ||
| Q3 25 | $2.7B | $3.7B | ||
| Q2 25 | $2.4B | $3.7B | ||
| Q1 25 | $2.5B | $3.5B | ||
| Q4 24 | $2.8B | $3.7B | ||
| Q3 24 | $2.7B | $3.6B | ||
| Q2 24 | $2.6B | $3.7B | ||
| Q1 24 | $2.7B | $3.6B |
负债/权益比GIIILOGI
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.13× | — | ||
| Q3 24 | 0.27× | — | ||
| Q2 24 | 0.26× | — | ||
| Q1 24 | 0.26× | — |
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 | $480.5M |
| 自由现金流经营现金流 - 资本支出 | $-106.4M | $465.6M |
| 自由现金流率自由现金流/营收 | -10.8% | 32.8% |
| 资本支出强度资本支出/营收 | 0.9% | 1.0% |
| 现金转化率经营现金流/净利润 | -1.21× | 1.91× |
| 过去12个月自由现金流最近4个季度 | $367.7M | $903.6M |
8季度趋势，按日历期对齐
经营现金流GIIILOGI
| Q4 25 | $-97.3M | $480.5M | ||
| Q3 25 | $75.1M | $228.8M | ||
| Q2 25 | $93.8M | $125.0M | ||
| Q1 25 | $333.4M | $129.7M | ||
| Q4 24 | $-111.8M | $370.9M | ||
| Q3 24 | $49.3M | $166.0M | ||
| Q2 24 | $45.5M | $176.0M | ||
| Q1 24 | $361.3M | $239.1M |
自由现金流GIIILOGI
| Q4 25 | $-106.4M | $465.6M | ||
| Q3 25 | $64.7M | $212.3M | ||
| Q2 25 | $85.7M | $108.8M | ||
| Q1 25 | $323.7M | $116.9M | ||
| Q4 24 | $-120.3M | $356.6M | ||
| Q3 24 | $38.8M | $151.5M | ||
| Q2 24 | $32.8M | $161.4M | ||
| Q1 24 | $352.3M | $228.8M |
自由现金流率GIIILOGI
| Q4 25 | -10.8% | 32.8% | ||
| Q3 25 | 10.6% | 17.9% | ||
| Q2 25 | 14.7% | 9.5% | ||
| Q1 25 | 38.6% | 11.6% | ||
| Q4 24 | -11.1% | 26.6% | ||
| Q3 24 | 6.0% | 13.6% | ||
| Q2 24 | 5.4% | 14.8% | ||
| Q1 24 | 46.1% | 22.6% |
资本支出强度GIIILOGI
| Q4 25 | 0.9% | 1.0% | ||
| Q3 25 | 1.7% | 1.4% | ||
| Q2 25 | 1.4% | 1.4% | ||
| Q1 25 | 1.2% | 1.3% | ||
| Q4 24 | 0.8% | 1.1% | ||
| Q3 24 | 1.6% | 1.3% | ||
| Q2 24 | 2.1% | 1.3% | ||
| Q1 24 | 1.2% | 1.0% |
现金转化率GIIILOGI
| Q4 25 | -1.21× | 1.91× | ||
| Q3 25 | 6.86× | 1.34× | ||
| Q2 25 | 12.09× | 0.86× | ||
| Q1 25 | 6.83× | 0.90× | ||
| Q4 24 | -0.97× | 1.85× | ||
| Q3 24 | 2.04× | 1.14× | ||
| Q2 24 | 7.84× | 1.24× | ||
| Q1 24 | 12.52× | 1.43× |
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% |
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
