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宜瑞安（INGR）与LCI INDUSTRIES（LCII）财务数据对比。点击上方公司名可切换其他公司
宜瑞安的季度营收约是LCI INDUSTRIES的1.9倍（$1.8B vs $932.7M），宜瑞安净利率更高（9.5% vs 2.0%，领先7.5%），LCI INDUSTRIES同比增速更快（16.1% vs -2.4%），宜瑞安自由现金流更多（$270.0M vs $64.3M），过去两年LCI INDUSTRIES的营收复合增速更高（-1.8% vs -3.4%）
宜瑞安（Ingredion Inc.）是总部位于美国伊利诺伊州的食品饮料配料供应商，主打产品包括淀粉、非转基因甜味剂、甜菊糖、豌豆蛋白等，以玉米、木薯、马铃薯、谷物、果蔬等为原料，产品供应食品、饮料、酿造、制药等多个行业，在全球44个站点拥有约1.2万名员工，客户覆盖超120个国家。
拉奇核心工业有限公司前身为巴基斯坦帝国化学工业公司，是一家总部位于卡拉奇的巴基斯坦综合性企业集团，业务覆盖聚酯、医药、农用化学品、纯碱及兽药等多品类产品的研发生产，在巴基斯坦本土工业领域拥有重要市场地位。
INGR vs LCII — 直观对比
营收规模更大
INGR
是对方的1.9倍
$932.7M
营收增速更快
LCII
高出18.5%
-2.4%
净利率更高
INGR
高出7.5%
2.0%
自由现金流更多
INGR
多$205.7M
$64.3M
两年增速更快
LCII
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $932.7M |
| 净利润 | $167.0M | $18.7M |
| 毛利率 | 24.5% | 22.1% |
| 营业利润率 | 12.5% | 3.8% |
| 净利率 | 9.5% | 2.0% |
| 营收同比 | -2.4% | 16.1% |
| 净利润同比 | 72.2% | 95.7% |
| 每股收益（稀释后） | $2.58 | $0.79 |
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INGRLCII
| Q4 25 | $1.8B | $932.7M | ||
| Q3 25 | $1.8B | $1.0B | ||
| Q2 25 | $1.8B | $1.1B | ||
| Q1 25 | $1.8B | $1.0B | ||
| Q4 24 | $1.8B | $803.1M | ||
| Q3 24 | $1.9B | $915.5M | ||
| Q2 24 | $1.9B | $1.1B | ||
| Q1 24 | $1.9B | $968.0M |
净利润INGRLCII
| Q4 25 | $167.0M | $18.7M | ||
| Q3 25 | $171.0M | $62.5M | ||
| Q2 25 | $196.0M | $57.6M | ||
| Q1 25 | $197.0M | $49.4M | ||
| Q4 24 | $97.0M | $9.5M | ||
| Q3 24 | $188.0M | $35.6M | ||
| Q2 24 | $148.0M | $61.2M | ||
| Q1 24 | $216.0M | $36.5M |
毛利率INGRLCII
| Q4 25 | 24.5% | 22.1% | ||
| Q3 25 | 25.1% | 24.4% | ||
| Q2 25 | 26.0% | 24.4% | ||
| Q1 25 | 25.7% | 24.1% | ||
| Q4 24 | 24.9% | 21.1% | ||
| Q3 24 | 25.6% | 24.0% | ||
| Q2 24 | 23.7% | 25.3% | ||
| Q1 24 | 22.2% | 23.1% |
营业利润率INGRLCII
| Q4 25 | 12.5% | 3.8% | ||
| Q3 25 | 13.7% | 7.3% | ||
| Q2 25 | 14.8% | 7.9% | ||
| Q1 25 | 15.2% | 7.8% | ||
| Q4 24 | 9.0% | 2.0% | ||
| Q3 24 | 14.3% | 5.9% | ||
| Q2 24 | 12.8% | 8.6% | ||
| Q1 24 | 11.3% | 6.0% |
净利率INGRLCII
| Q4 25 | 9.5% | 2.0% | ||
| Q3 25 | 9.4% | 6.0% | ||
| Q2 25 | 10.7% | 5.2% | ||
| Q1 25 | 10.9% | 4.7% | ||
| Q4 24 | 5.4% | 1.2% | ||
| Q3 24 | 10.1% | 3.9% | ||
| Q2 24 | 7.9% | 5.8% | ||
| Q1 24 | 11.5% | 3.8% |
每股收益（稀释后）INGRLCII
| Q4 25 | $2.58 | $0.79 | ||
| Q3 25 | $2.61 | $2.55 | ||
| Q2 25 | $2.99 | $2.29 | ||
| Q1 25 | $3.00 | $1.94 | ||
| Q4 24 | $1.43 | $0.37 | ||
| Q3 24 | $2.83 | $1.39 | ||
| Q2 24 | $2.22 | $2.40 | ||
| Q1 24 | $3.23 | $1.44 |
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 | $1.0B | $222.6M |
| 总债务越低越好 | — | $945.2M |
| 股东权益账面价值 | $4.3B | $1.4B |
| 总资产 | $7.9B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资INGRLCII
| Q4 25 | $1.0B | $222.6M | ||
| Q3 25 | $915.0M | $199.7M | ||
| Q2 25 | $861.0M | $191.9M | ||
| Q1 25 | $837.0M | $231.2M | ||
| Q4 24 | $997.0M | $165.8M | ||
| Q3 24 | $877.0M | $161.2M | ||
| Q2 24 | $505.0M | $130.4M | ||
| Q1 24 | $438.0M | $22.6M |
总债务INGRLCII
| Q4 25 | — | $945.2M | ||
| Q3 25 | — | $947.8M | ||
| Q2 25 | — | $948.0M | ||
| Q1 25 | — | $938.3M | ||
| Q4 24 | — | $757.3M | ||
| Q3 24 | — | $822.5M | ||
| Q2 24 | — | $829.7M | ||
| Q1 24 | — | $855.3M |
股东权益INGRLCII
| Q4 25 | $4.3B | $1.4B | ||
| Q3 25 | $4.2B | $1.4B | ||
| Q2 25 | $4.2B | $1.4B | ||
| Q1 25 | $4.0B | $1.4B | ||
| Q4 24 | $3.8B | $1.4B | ||
| Q3 24 | $4.0B | $1.4B | ||
| Q2 24 | $3.7B | $1.4B | ||
| Q1 24 | $3.7B | $1.4B |
总资产INGRLCII
| Q4 25 | $7.9B | $3.2B | ||
| Q3 25 | $7.8B | $3.2B | ||
| Q2 25 | $7.8B | $3.2B | ||
| Q1 25 | $7.5B | $3.1B | ||
| Q4 24 | $7.4B | $2.9B | ||
| Q3 24 | $7.5B | $3.0B | ||
| Q2 24 | $7.2B | $3.0B | ||
| Q1 24 | $7.3B | $3.0B |
负债/权益比INGRLCII
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.70× | ||
| Q2 25 | — | 0.68× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.55× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.60× | ||
| Q1 24 | — | 0.63× |
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 | $405.0M | $78.9M |
| 自由现金流经营现金流 - 资本支出 | $270.0M | $64.3M |
| 自由现金流率自由现金流/营收 | 15.4% | 6.9% |
| 资本支出强度资本支出/营收 | 7.7% | 1.6% |
| 现金转化率经营现金流/净利润 | 2.43× | 4.22× |
| 过去12个月自由现金流最近4个季度 | $511.0M | $278.3M |
8季度趋势，按日历期对齐
经营现金流INGRLCII
| Q4 25 | $405.0M | $78.9M | ||
| Q3 25 | $277.0M | $97.2M | ||
| Q2 25 | $185.0M | $112.2M | ||
| Q1 25 | $77.0M | $42.7M | ||
| Q4 24 | $436.0M | $106.6M | ||
| Q3 24 | $479.0M | $78.4M | ||
| Q2 24 | $312.0M | $192.9M | ||
| Q1 24 | $209.0M | $-7.7M |
自由现金流INGRLCII
| Q4 25 | $270.0M | $64.3M | ||
| Q3 25 | $172.0M | $80.9M | ||
| Q2 25 | $84.0M | $99.5M | ||
| Q1 25 | $-15.0M | $33.7M | ||
| Q4 24 | $311.0M | $95.7M | ||
| Q3 24 | $429.0M | $68.3M | ||
| Q2 24 | $257.0M | $180.2M | ||
| Q1 24 | $144.0M | $-16.3M |
自由现金流率INGRLCII
| Q4 25 | 15.4% | 6.9% | ||
| Q3 25 | 9.5% | 7.8% | ||
| Q2 25 | 4.6% | 9.0% | ||
| Q1 25 | -0.8% | 3.2% | ||
| Q4 24 | 17.3% | 11.9% | ||
| Q3 24 | 22.9% | 7.5% | ||
| Q2 24 | 13.7% | 17.1% | ||
| Q1 24 | 7.7% | -1.7% |
资本支出强度INGRLCII
| Q4 25 | 7.7% | 1.6% | ||
| Q3 25 | 5.8% | 1.6% | ||
| Q2 25 | 5.5% | 1.2% | ||
| Q1 25 | 5.1% | 0.9% | ||
| Q4 24 | 6.9% | 1.4% | ||
| Q3 24 | 2.7% | 1.1% | ||
| Q2 24 | 2.9% | 1.2% | ||
| Q1 24 | 3.5% | 0.9% |
现金转化率INGRLCII
| Q4 25 | 2.43× | 4.22× | ||
| Q3 25 | 1.62× | 1.55× | ||
| Q2 25 | 0.94× | 1.95× | ||
| Q1 25 | 0.39× | 0.86× | ||
| Q4 24 | 4.49× | 11.17× | ||
| Q3 24 | 2.55× | 2.20× | ||
| Q2 24 | 2.11× | 3.15× | ||
| Q1 24 | 0.97× | -0.21× |
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
INGR
| Food And Industrial Ingredients LATAM Segment | $599.0M | 34% |
| Texture And Healthful Solutions Segment | $598.0M | 34% |
| Food And Industrial Ingredients U.S.Canada Segment | $486.0M | 28% |
| Other | $74.0M | 4% |
LCII
| Travel Trailer And Fifth Wheels | $378.4M | 41% |
| Chassis Chassis Partsand Slideout Mechanisms | $206.1M | 22% |
| Furnitureand Mattresses | $120.4M | 13% |
| Appliances | $69.9M | 7% |
| Other Products | $69.1M | 7% |
| Axlesand Suspension Solutions | $62.3M | 7% |
| Motorhomes | $34.2M | 4% |
