vs
孩之宝（HAS）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
孩之宝的季度营收约是LANDSTAR SYSTEM INC的1.2倍（$1.4B vs $1.2B），孩之宝净利率更高（13.9% vs 3.4%，领先10.6%），孩之宝同比增速更快（31.3% vs 1.6%），过去两年孩之宝的营收复合增速更高（38.2% vs -2.2%）
孩之宝是1923年12月6日成立的美国跨国玩具制造与娱乐控股企业，总部位于罗德岛州波塔基特。旗下拥有Kenner、米尔顿·布拉德利、派克兄弟、威世智等知名品牌，持有大量热门IP商标权，业务覆盖玩具生产、游戏开发、娱乐内容出品等多个领域。
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。
HAS vs LSTR — 直观对比
营收规模更大
HAS
是对方的1.2倍
$1.2B
营收增速更快
HAS
高出29.6%
1.6%
净利率更高
HAS
高出10.6%
3.4%
两年增速更快
HAS
近两年复合增速
-2.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.2B |
| 净利润 | $201.6M | $39.4M |
| 毛利率 | 68.7% | 9.6% |
| 营业利润率 | 20.6% | 4.5% |
| 净利率 | 13.9% | 3.4% |
| 营收同比 | 31.3% | 1.6% |
| 净利润同比 | 687.8% | 32.3% |
| 每股收益（稀释后） | $1.46 | $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HASLSTR
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $980.8M | $1.2B | ||
| Q1 25 | $887.1M | $1.2B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $995.3M | $1.2B |
净利润HASLSTR
| Q1 26 | — | $39.4M | ||
| Q4 25 | $201.6M | $23.9M | ||
| Q3 25 | $233.2M | $19.4M | ||
| Q2 25 | $-855.8M | $41.9M | ||
| Q1 25 | $98.6M | $29.8M | ||
| Q4 24 | $-34.3M | $46.2M | ||
| Q3 24 | $223.2M | $50.0M | ||
| Q2 24 | $138.5M | $52.6M |
毛利率HASLSTR
| Q1 26 | — | 9.6% | ||
| Q4 25 | 68.7% | — | ||
| Q3 25 | 70.1% | — | ||
| Q2 25 | 77.0% | — | ||
| Q1 25 | 76.9% | — | ||
| Q4 24 | 67.4% | — | ||
| Q3 24 | 70.4% | — | ||
| Q2 24 | 76.1% | — |
营业利润率HASLSTR
| Q1 26 | — | 4.5% | ||
| Q4 25 | 20.6% | 2.5% | ||
| Q3 25 | 24.6% | 2.2% | ||
| Q2 25 | -81.4% | 4.6% | ||
| Q1 25 | 19.2% | 3.4% | ||
| Q4 24 | 5.4% | 4.8% | ||
| Q3 24 | 23.6% | 5.2% | ||
| Q2 24 | 21.3% | 5.6% |
净利率HASLSTR
| Q1 26 | — | 3.4% | ||
| Q4 25 | 13.9% | 2.0% | ||
| Q3 25 | 16.8% | 1.6% | ||
| Q2 25 | -87.3% | 3.5% | ||
| Q1 25 | 11.1% | 2.6% | ||
| Q4 24 | -3.1% | 3.8% | ||
| Q3 24 | 17.4% | 4.1% | ||
| Q2 24 | 13.9% | 4.3% |
每股收益（稀释后）HASLSTR
| Q1 26 | — | $1.16 | ||
| Q4 25 | $1.46 | $0.70 | ||
| Q3 25 | $1.64 | $0.56 | ||
| Q2 25 | $-6.10 | $1.20 | ||
| Q1 25 | $0.70 | $0.85 | ||
| Q4 24 | $-0.25 | $1.30 | ||
| Q3 24 | $1.59 | $1.41 | ||
| Q2 24 | $0.99 | $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 | — | $411.0M |
| 总债务越低越好 | — | $26.1M |
| 股东权益账面价值 | $565.5M | $799.0M |
| 总资产 | $5.6B | $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HASLSTR
| Q1 26 | — | $411.0M | ||
| Q4 25 | — | $452.2M | ||
| Q3 25 | — | $434.4M | ||
| Q2 25 | — | $426.2M | ||
| Q1 25 | — | $473.4M | ||
| Q4 24 | — | $566.6M | ||
| Q3 24 | — | $531.3M | ||
| Q2 24 | — | $504.0M |
总债务HASLSTR
| 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HASLSTR
| Q1 26 | — | $799.0M | ||
| Q4 25 | $565.5M | $795.7M | ||
| Q3 25 | $433.8M | $888.7M | ||
| Q2 25 | $269.7M | $921.8M | ||
| Q1 25 | $1.2B | $930.8M | ||
| Q4 24 | $1.2B | $972.4M | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $1.2B | $1.0B |
总资产HASLSTR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $5.6B | $1.6B | ||
| Q3 25 | $5.5B | $1.7B | ||
| Q2 25 | $5.2B | $1.7B | ||
| Q1 25 | $6.0B | $1.7B | ||
| Q4 24 | $6.3B | $1.8B | ||
| Q3 24 | $7.2B | $1.8B | ||
| Q2 24 | $6.9B | $1.8B |
负债/权益比HASLSTR
| 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 | $403.2M | — |
| 自由现金流经营现金流 - 资本支出 | $389.5M | — |
| 自由现金流率自由现金流/营收 | 26.9% | — |
| 资本支出强度资本支出/营收 | 0.9% | — |
| 现金转化率经营现金流/净利润 | 2.00× | — |
| 过去12个月自由现金流最近4个季度 | $829.9M | — |
8季度趋势，按日历期对齐
经营现金流HASLSTR
| Q1 26 | — | — | ||
| Q4 25 | $403.2M | $72.7M | ||
| Q3 25 | $280.6M | $89.3M | ||
| Q2 25 | $71.3M | $7.1M | ||
| Q1 25 | $138.1M | $55.7M | ||
| Q4 24 | $259.8M | $61.1M | ||
| Q3 24 | $222.5M | $83.1M | ||
| Q2 24 | $187.3M | $48.1M |
自由现金流HASLSTR
| Q1 26 | — | — | ||
| Q4 25 | $389.5M | $70.5M | ||
| Q3 25 | $260.9M | $86.0M | ||
| Q2 25 | $55.2M | $4.7M | ||
| Q1 25 | $124.3M | $53.8M | ||
| Q4 24 | $200.8M | $54.4M | ||
| Q3 24 | $174.0M | $75.6M | ||
| Q2 24 | $135.4M | $40.6M |
自由现金流率HASLSTR
| Q1 26 | — | — | ||
| Q4 25 | 26.9% | 6.0% | ||
| Q3 25 | 18.8% | 7.1% | ||
| Q2 25 | 5.6% | 0.4% | ||
| Q1 25 | 14.0% | 4.7% | ||
| Q4 24 | 18.2% | 4.5% | ||
| Q3 24 | 13.6% | 6.2% | ||
| Q2 24 | 13.6% | 3.3% |
资本支出强度HASLSTR
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 0.2% | ||
| Q3 25 | 1.4% | 0.3% | ||
| Q2 25 | 1.6% | 0.2% | ||
| Q1 25 | 1.6% | 0.2% | ||
| Q4 24 | 5.4% | 0.6% | ||
| Q3 24 | 3.8% | 0.6% | ||
| Q2 24 | 5.2% | 0.6% |
现金转化率HASLSTR
| Q1 26 | — | — | ||
| Q4 25 | 2.00× | 3.04× | ||
| Q3 25 | 1.20× | 4.61× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | 1.40× | 1.87× | ||
| Q4 24 | — | 1.32× | ||
| Q3 24 | 1.00× | 1.66× | ||
| Q2 24 | 1.35× | 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
HAS
| Grow Brands | $1.1B | 75% |
| Optimize Brands | $188.7M | 13% |
| Digital And Licensing Gaming | $135.7M | 9% |
| Class Of Principal Product Family Brands | $13.1M | 1% |
| Filmand TV | $2.4M | 0% |
LSTR
暂无分部数据
