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Idexx Laboratories（IDXX）与RPM INTERNATIONAL INC（RPM）财务数据对比。点击上方公司名可切换其他公司
RPM INTERNATIONAL INC的季度营收约是Idexx Laboratories的1.8倍（$1.9B vs $1.1B），Idexx Laboratories净利率更高（22.8% vs 8.4%，领先14.3%），Idexx Laboratories同比增速更快（14.3% vs 3.5%），Idexx Laboratories自由现金流更多（$326.3M vs $296.4M），过去两年RPM INTERNATIONAL INC的营收复合增速更高（12.0% vs 6.4%）
IDEXX Laboratories是1983年成立的美国跨国企业，主营伴侣动物诊疗、畜禽养殖、水质检测、乳制品领域相关产品与服务的研发、生产及分销，总部位于缅因州韦斯特布鲁克，欧洲、中东及非洲地区分部设于荷兰霍夫多普。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
IDXX vs RPM — 直观对比
营收规模更大
RPM
是对方的1.8倍
$1.1B
营收增速更快
IDXX
高出10.8%
3.5%
净利率更高
IDXX
高出14.3%
8.4%
自由现金流更多
IDXX
多$30.0M
$296.4M
两年增速更快
RPM
近两年复合增速
6.4%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.9B |
| 净利润 | $248.2M | $161.2M |
| 毛利率 | 60.3% | 40.8% |
| 营业利润率 | 28.9% | 11.0% |
| 净利率 | 22.8% | 8.4% |
| 营收同比 | 14.3% | 3.5% |
| 净利润同比 | 14.8% | -12.0% |
| 每股收益（稀释后） | $3.09 | $1.26 |
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IDXXRPM
| Q4 25 | $1.1B | $1.9B | ||
| Q3 25 | $1.1B | $2.1B | ||
| Q2 25 | $1.1B | $2.1B | ||
| Q1 25 | $998.4M | $1.5B | ||
| Q4 24 | $954.3M | $1.8B | ||
| Q3 24 | $975.5M | $2.0B | ||
| Q2 24 | $1.0B | $2.0B | ||
| Q1 24 | $964.1M | $1.5B |
净利润IDXXRPM
| Q4 25 | $248.2M | $161.2M | ||
| Q3 25 | $274.6M | $227.6M | ||
| Q2 25 | $294.0M | $225.8M | ||
| Q1 25 | $242.7M | $52.0M | ||
| Q4 24 | $216.1M | $183.2M | ||
| Q3 24 | $232.8M | $227.7M | ||
| Q2 24 | $203.3M | $180.6M | ||
| Q1 24 | $235.6M | $61.2M |
毛利率IDXXRPM
| Q4 25 | 60.3% | 40.8% | ||
| Q3 25 | 61.8% | 42.3% | ||
| Q2 25 | 62.6% | 42.4% | ||
| Q1 25 | 62.4% | 38.4% | ||
| Q4 24 | 59.8% | 41.4% | ||
| Q3 24 | 61.1% | 42.5% | ||
| Q2 24 | 61.7% | 41.4% | ||
| Q1 24 | 61.5% | 39.9% |
营业利润率IDXXRPM
| Q4 25 | 28.9% | 11.0% | ||
| Q3 25 | 32.1% | 14.1% | ||
| Q2 25 | 33.6% | 11.9% | ||
| Q1 25 | 31.7% | 2.8% | ||
| Q4 24 | 27.4% | 11.5% | ||
| Q3 24 | 31.2% | 14.8% | ||
| Q2 24 | 26.3% | 11.9% | ||
| Q1 24 | 31.0% | 5.5% |
净利率IDXXRPM
| Q4 25 | 22.8% | 8.4% | ||
| Q3 25 | 24.8% | 10.8% | ||
| Q2 25 | 26.5% | 10.8% | ||
| Q1 25 | 24.3% | 3.5% | ||
| Q4 24 | 22.7% | 9.9% | ||
| Q3 24 | 23.9% | 11.6% | ||
| Q2 24 | 20.3% | 9.0% | ||
| Q1 24 | 24.4% | 4.0% |
每股收益（稀释后）IDXXRPM
| Q4 25 | $3.09 | $1.26 | ||
| Q3 25 | $3.40 | $1.77 | ||
| Q2 25 | $3.63 | $1.76 | ||
| Q1 25 | $2.96 | $0.40 | ||
| Q4 24 | $2.62 | $1.42 | ||
| Q3 24 | $2.80 | $1.77 | ||
| Q2 24 | $2.44 | $1.40 | ||
| Q1 24 | $2.81 | $0.47 |
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 | $180.1M | $316.6M |
| 总债务越低越好 | $450.0M | $2.5B |
| 股东权益账面价值 | $1.6B | $3.1B |
| 总资产 | $3.4B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.28× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资IDXXRPM
| Q4 25 | $180.1M | $316.6M | ||
| Q3 25 | $208.2M | $297.1M | ||
| Q2 25 | $164.6M | $302.1M | ||
| Q1 25 | $164.0M | $241.9M | ||
| Q4 24 | $288.3M | $268.7M | ||
| Q3 24 | $308.6M | $231.6M | ||
| Q2 24 | $401.6M | $237.4M | ||
| Q1 24 | $397.4M | $248.9M |
总债务IDXXRPM
| Q4 25 | $450.0M | $2.5B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | $617.8M | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.2B |
股东权益IDXXRPM
| Q4 25 | $1.6B | $3.1B | ||
| Q3 25 | $1.6B | $3.1B | ||
| Q2 25 | $1.5B | $2.9B | ||
| Q1 25 | $1.4B | $2.7B | ||
| Q4 24 | $1.6B | $2.7B | ||
| Q3 24 | $1.6B | $2.6B | ||
| Q2 24 | $1.6B | $2.5B | ||
| Q1 24 | $1.6B | $2.3B |
总资产IDXXRPM
| Q4 25 | $3.4B | $7.9B | ||
| Q3 25 | $3.4B | $7.9B | ||
| Q2 25 | $3.3B | $7.8B | ||
| Q1 25 | $3.2B | $6.6B | ||
| Q4 24 | $3.3B | $6.7B | ||
| Q3 24 | $3.4B | $6.6B | ||
| Q2 24 | $3.4B | $6.6B | ||
| Q1 24 | $3.4B | $6.4B |
负债/权益比IDXXRPM
| Q4 25 | 0.28× | 0.80× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.91× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | 0.39× | 0.74× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | — | 0.93× |
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 | $355.8M | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $326.3M | $296.4M |
| 自由现金流率自由现金流/营收 | 29.9% | 15.5% |
| 资本支出强度资本支出/营收 | 2.7% | 2.6% |
| 现金转化率经营现金流/净利润 | 1.43× | 2.14× |
| 过去12个月自由现金流最近4个季度 | $1.1B | $582.9M |
8季度趋势，按日历期对齐
经营现金流IDXXRPM
| Q4 25 | $355.8M | $345.7M | ||
| Q3 25 | $402.3M | $237.5M | ||
| Q2 25 | $185.7M | $149.2M | ||
| Q1 25 | $238.0M | $91.5M | ||
| Q4 24 | $262.0M | $279.4M | ||
| Q3 24 | $220.1M | $248.1M | ||
| Q2 24 | $248.3M | $181.2M | ||
| Q1 24 | $198.6M | $173.4M |
自由现金流IDXXRPM
| Q4 25 | $326.3M | $296.4M | ||
| Q3 25 | $371.2M | $175.0M | ||
| Q2 25 | $151.6M | $78.2M | ||
| Q1 25 | $207.9M | $33.3M | ||
| Q4 24 | $232.8M | $229.5M | ||
| Q3 24 | $192.0M | $197.3M | ||
| Q2 24 | $215.0M | $105.3M | ||
| Q1 24 | $168.3M | $124.6M |
自由现金流率IDXXRPM
| Q4 25 | 29.9% | 15.5% | ||
| Q3 25 | 33.6% | 8.3% | ||
| Q2 25 | 13.7% | 3.8% | ||
| Q1 25 | 20.8% | 2.3% | ||
| Q4 24 | 24.4% | 12.4% | ||
| Q3 24 | 19.7% | 10.0% | ||
| Q2 24 | 21.4% | 5.2% | ||
| Q1 24 | 17.5% | 8.2% |
资本支出强度IDXXRPM
| Q4 25 | 2.7% | 2.6% | ||
| Q3 25 | 2.8% | 3.0% | ||
| Q2 25 | 3.1% | 3.4% | ||
| Q1 25 | 3.0% | 3.9% | ||
| Q4 24 | 3.1% | 2.7% | ||
| Q3 24 | 2.9% | 2.6% | ||
| Q2 24 | 3.3% | 3.8% | ||
| Q1 24 | 3.1% | 3.2% |
现金转化率IDXXRPM
| Q4 25 | 1.43× | 2.14× | ||
| Q3 25 | 1.47× | 1.04× | ||
| Q2 25 | 0.63× | 0.66× | ||
| Q1 25 | 0.98× | 1.76× | ||
| Q4 24 | 1.21× | 1.53× | ||
| Q3 24 | 0.95× | 1.09× | ||
| Q2 24 | 1.22× | 1.00× | ||
| Q1 24 | 0.84× | 2.83× |
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
IDXX
| Vet Lab Consumables | $389.0M | 36% |
| Reference Laboratory Diagnostic And Consulting Services | $349.2M | 32% |
| Rapid Assay Products | $76.0M | 7% |
| Recurring Revenue | $70.6M | 6% |
| CAG Diagnostic Capital Instruments | $58.1M | 5% |
| Water Segment | $50.5M | 5% |
| Livestock And Poultry Diagnostics Segment | $37.5M | 3% |
| CAG Diagnostics Service And Accessories | $35.3M | 3% |
| Systems And Hardware | $20.1M | 2% |
| Rebate And Up Front Considerations Arrangements | $2.4M | 0% |
| Extended Warranties And Post Contract Support Revenue | $1.0M | 0% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
