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WARRIOR MET COAL, INC.（HCC）与朗美通（LITE）财务数据对比。点击上方公司名可切换其他公司
朗美通的季度营收约是WARRIOR MET COAL, INC.的1.5倍（$665.5M vs $458.6M），WARRIOR MET COAL, INC.净利率更高（15.8% vs 11.8%，领先4.0%），朗美通同比增速更快（65.5% vs 52.1%），过去两年朗美通的营收复合增速更高（34.8% vs 7.5%）
Warrior Met Coal（股票代码HCC）是总部位于美国的矿业企业，主营高品质冶金煤的开采与供应，其产品是钢铁制造的核心原材料，主要服务北美、欧洲、亚洲地区的钢铁生产商及工业客户。
朗美通控股（Lumentum Holdings Inc.）是全球知名光电产品供应商，前身为美国捷迪讯（JDSU）旗下光电器件及激光业务板块，2015年8月随捷迪讯分拆独立运营，总部位于美国加利福尼亚州米尔皮塔斯，主营光通信网络设备、激光器、定制光学解决方案等多元产品。
HCC vs LITE — 直观对比
营收规模更大
LITE
是对方的1.5倍
$458.6M
营收增速更快
LITE
高出13.4%
52.1%
净利率更高
HCC
高出4.0%
11.8%
两年增速更快
LITE
近两年复合增速
7.5%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $458.6M | $665.5M |
| 净利润 | $72.3M | $78.2M |
| 毛利率 | 36.7% | 36.1% |
| 营业利润率 | 17.3% | 9.7% |
| 净利率 | 15.8% | 11.8% |
| 营收同比 | 52.1% | 65.5% |
| 净利润同比 | — | 228.4% |
| 每股收益（稀释后） | $1.37 | $0.89 |
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HCCLITE
| Q1 26 | $458.6M | — | ||
| Q4 25 | $384.0M | $665.5M | ||
| Q3 25 | $328.6M | $533.8M | ||
| Q2 25 | $297.5M | $480.7M | ||
| Q1 25 | $299.9M | $425.2M | ||
| Q4 24 | $297.5M | $402.2M | ||
| Q3 24 | $327.7M | $336.9M | ||
| Q2 24 | $396.5M | $308.3M |
净利润HCCLITE
| Q1 26 | $72.3M | — | ||
| Q4 25 | $23.0M | $78.2M | ||
| Q3 25 | $36.6M | $4.2M | ||
| Q2 25 | $5.6M | $213.3M | ||
| Q1 25 | $-8.2M | $-44.1M | ||
| Q4 24 | $1.1M | $-60.9M | ||
| Q3 24 | $41.8M | $-82.4M | ||
| Q2 24 | $70.7M | $-252.5M |
毛利率HCCLITE
| Q1 26 | 36.7% | — | ||
| Q4 25 | 29.5% | 36.1% | ||
| Q3 25 | 27.1% | 34.0% | ||
| Q2 25 | 23.9% | 33.3% | ||
| Q1 25 | 18.1% | 28.8% | ||
| Q4 24 | 23.1% | 24.8% | ||
| Q3 24 | 29.3% | 23.1% | ||
| Q2 24 | 34.1% | 16.6% |
营业利润率HCCLITE
| Q1 26 | 17.3% | — | ||
| Q4 25 | 9.0% | 9.7% | ||
| Q3 25 | 6.3% | 1.3% | ||
| Q2 25 | 2.6% | -1.7% | ||
| Q1 25 | -5.8% | -8.9% | ||
| Q4 24 | -1.4% | -12.8% | ||
| Q3 24 | 11.9% | -24.5% | ||
| Q2 24 | 17.9% | -43.3% |
净利率HCCLITE
| Q1 26 | 15.8% | — | ||
| Q4 25 | 6.0% | 11.8% | ||
| Q3 25 | 11.1% | 0.8% | ||
| Q2 25 | 1.9% | 44.4% | ||
| Q1 25 | -2.7% | -10.4% | ||
| Q4 24 | 0.4% | -15.1% | ||
| Q3 24 | 12.7% | -24.5% | ||
| Q2 24 | 17.8% | -81.9% |
每股收益（稀释后）HCCLITE
| Q1 26 | $1.37 | — | ||
| Q4 25 | $0.43 | $0.89 | ||
| Q3 25 | $0.70 | $0.05 | ||
| Q2 25 | $0.11 | $3.10 | ||
| Q1 25 | $-0.16 | $-0.64 | ||
| Q4 24 | $0.02 | $-0.88 | ||
| Q3 24 | $0.80 | $-1.21 | ||
| Q2 24 | $1.35 | $-3.75 |
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 | $233.2M | $1.2B |
| 总债务越低越好 | $154.4M | — |
| 股东权益账面价值 | — | $846.6M |
| 总资产 | $2.8B | $4.8B |
| 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HCCLITE
| Q1 26 | $233.2M | — | ||
| Q4 25 | $300.0M | $1.2B | ||
| Q3 25 | $336.3M | $1.1B | ||
| Q2 25 | $383.3M | $877.1M | ||
| Q1 25 | $454.9M | $866.7M | ||
| Q4 24 | $491.5M | $896.7M | ||
| Q3 24 | $583.2M | $916.1M | ||
| Q2 24 | $709.0M | $887.0M |
总债务HCCLITE
| Q1 26 | $154.4M | — | ||
| Q4 25 | $154.3M | — | ||
| Q3 25 | $154.1M | — | ||
| Q2 25 | $153.9M | — | ||
| Q1 25 | $153.8M | — | ||
| Q4 24 | $153.6M | — | ||
| Q3 24 | $153.5M | — | ||
| Q2 24 | $153.3M | — |
股东权益HCCLITE
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $846.6M | ||
| Q3 25 | $2.1B | $780.8M | ||
| Q2 25 | $2.1B | $1.1B | ||
| Q1 25 | $2.1B | $879.5M | ||
| Q4 24 | $2.1B | $872.3M | ||
| Q3 24 | $2.1B | $895.9M | ||
| Q2 24 | $2.0B | $957.3M |
总资产HCCLITE
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.8B | $4.8B | ||
| Q3 25 | $2.7B | $4.6B | ||
| Q2 25 | $2.6B | $4.2B | ||
| Q1 25 | $2.6B | $4.0B | ||
| Q4 24 | $2.6B | $4.0B | ||
| Q3 24 | $2.6B | $4.0B | ||
| Q2 24 | $2.6B | $3.9B |
负债/权益比HCCLITE
| Q1 26 | — | — | ||
| Q4 25 | 0.07× | — | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | 0.07× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.07× | — | ||
| Q3 24 | 0.07× | — | ||
| Q2 24 | 0.07× | — |
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 | — | $126.7M |
| 自由现金流经营现金流 - 资本支出 | — | $43.1M |
| 自由现金流率自由现金流/营收 | — | 6.5% |
| 资本支出强度资本支出/营收 | — | 12.6% |
| 现金转化率经营现金流/净利润 | — | 1.62× |
| 过去12个月自由现金流最近4个季度 | — | $-29.5M |
8季度趋势，按日历期对齐
经营现金流HCCLITE
| Q1 26 | — | — | ||
| Q4 25 | $76.1M | $126.7M | ||
| Q3 25 | $104.7M | $57.9M | ||
| Q2 25 | $37.5M | $64.0M | ||
| Q1 25 | $10.9M | $-1.6M | ||
| Q4 24 | $54.2M | $24.3M | ||
| Q3 24 | $62.2M | $39.6M | ||
| Q2 24 | $147.0M | $35.5M |
自由现金流HCCLITE
| Q1 26 | — | — | ||
| Q4 25 | — | $43.1M | ||
| Q3 25 | — | $-18.3M | ||
| Q2 25 | — | $10.1M | ||
| Q1 25 | — | $-64.4M | ||
| Q4 24 | — | $-15.9M | ||
| Q3 24 | — | $-34.5M | ||
| Q2 24 | — | $10.9M |
自由现金流率HCCLITE
| Q1 26 | — | — | ||
| Q4 25 | — | 6.5% | ||
| Q3 25 | — | -3.4% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | -15.1% | ||
| Q4 24 | — | -4.0% | ||
| Q3 24 | — | -10.2% | ||
| Q2 24 | — | 3.5% |
资本支出强度HCCLITE
| Q1 26 | — | — | ||
| Q4 25 | — | 12.6% | ||
| Q3 25 | — | 14.3% | ||
| Q2 25 | — | 11.2% | ||
| Q1 25 | — | 14.8% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | — | 22.0% | ||
| Q2 24 | — | 8.0% |
现金转化率HCCLITE
| Q1 26 | — | — | ||
| Q4 25 | 3.31× | 1.62× | ||
| Q3 25 | 2.86× | 13.79× | ||
| Q2 25 | 6.70× | 0.30× | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.68× | — | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | 2.08× | — |
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
HCC
| Sales | $448.5M | 98% |
| Other revenues | $10.1M | 2% |
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
