vs
Iron Mountain（IRM）与林肯电气（LECO）财务数据对比。点击上方公司名可切换其他公司
Iron Mountain的季度营收约是林肯电气的1.7倍（$1.8B vs $1.1B），林肯电气净利率更高（12.6% vs 5.1%，领先7.6%），Iron Mountain同比增速更快（16.6% vs 5.5%），林肯电气自由现金流更多（$52.0M vs $-16.2M），过去两年Iron Mountain的营收复合增速更高（11.7% vs 4.9%）
Iron Mountain是1951年成立的美国企业信息管理服务提供商，总部位于新罕布什尔州朴茨茅斯。核心业务涵盖档案管理、信息销毁、数据备份与恢复，服务覆盖全球六大洲58个国家，为超过22万客户提供专业解决方案。
林肯电气是美国跨国焊接产品制造企业，总部位于俄亥俄州欧几里得市，主营弧焊设备、焊接配件、等离子及氧燃料切割设备、焊接机器人系统等，业务覆盖160余个国家和地区，在全球设有42个生产基地，同时在19个国家布局了生产联盟及合资企业。
IRM vs LECO — 直观对比
营收规模更大
IRM
是对方的1.7倍
$1.1B
营收增速更快
IRM
高出11.0%
5.5%
净利率更高
LECO
高出7.6%
5.1%
自由现金流更多
LECO
多$68.3M
$-16.2M
两年增速更快
IRM
近两年复合增速
4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.1B |
| 净利润 | $93.1M | $136.0M |
| 毛利率 | — | 34.7% |
| 营业利润率 | 18.5% | 17.1% |
| 净利率 | 5.1% | 12.6% |
| 营收同比 | 16.6% | 5.5% |
| 净利润同比 | -11.9% | -3.0% |
| 每股收益（稀释后） | $0.31 | $2.45 |
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IRMLECO
| Q4 25 | $1.8B | $1.1B | ||
| Q3 25 | $1.8B | $1.1B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $1.6B | $1.0B | ||
| Q3 24 | $1.6B | $983.8M | ||
| Q2 24 | $1.5B | $1.0B | ||
| Q1 24 | $1.5B | $981.2M |
净利润IRMLECO
| Q4 25 | $93.1M | $136.0M | ||
| Q3 25 | $86.2M | $122.6M | ||
| Q2 25 | $-43.3M | $143.4M | ||
| Q1 25 | $16.2M | $118.5M | ||
| Q4 24 | $105.7M | $140.2M | ||
| Q3 24 | $-33.7M | $100.8M | ||
| Q2 24 | $34.6M | $101.7M | ||
| Q1 24 | $77.0M | $123.4M |
毛利率IRMLECO
| Q4 25 | — | 34.7% | ||
| Q3 25 | — | 36.7% | ||
| Q2 25 | — | 37.3% | ||
| Q1 25 | — | 36.4% | ||
| Q4 24 | — | 36.1% | ||
| Q3 24 | — | 35.8% | ||
| Q2 24 | — | 37.6% | ||
| Q1 24 | — | 37.5% |
营业利润率IRMLECO
| Q4 25 | 18.5% | 17.1% | ||
| Q3 25 | 17.6% | 16.6% | ||
| Q2 25 | 15.2% | 17.6% | ||
| Q1 25 | 16.0% | 16.4% | ||
| Q4 24 | 17.9% | 17.3% | ||
| Q3 24 | 16.1% | 14.8% | ||
| Q2 24 | 15.0% | 14.6% | ||
| Q1 24 | 16.6% | 16.8% |
净利率IRMLECO
| Q4 25 | 5.1% | 12.6% | ||
| Q3 25 | 4.9% | 11.6% | ||
| Q2 25 | -2.5% | 13.2% | ||
| Q1 25 | 1.0% | 11.8% | ||
| Q4 24 | 6.7% | 13.7% | ||
| Q3 24 | -2.2% | 10.2% | ||
| Q2 24 | 2.3% | 10.0% | ||
| Q1 24 | 5.2% | 12.6% |
每股收益（稀释后）IRMLECO
| Q4 25 | $0.31 | $2.45 | ||
| Q3 25 | $0.28 | $2.21 | ||
| Q2 25 | $-0.15 | $2.56 | ||
| Q1 25 | $0.05 | $2.10 | ||
| Q4 24 | $0.35 | $2.47 | ||
| Q3 24 | $-0.11 | $1.77 | ||
| Q2 24 | $0.12 | $1.77 | ||
| Q1 24 | $0.25 | $2.14 |
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 | $158.5M | $308.8M |
| 总债务越低越好 | $16.2B | — |
| 股东权益账面价值 | $-981.0M | $1.5B |
| 总资产 | $21.1B | $3.8B |
| 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IRMLECO
| Q4 25 | $158.5M | $308.8M | ||
| Q3 25 | — | $293.0M | ||
| Q2 25 | — | $299.5M | ||
| Q1 25 | — | $394.7M | ||
| Q4 24 | $155.7M | $377.3M | ||
| Q3 24 | — | $404.2M | ||
| Q2 24 | — | $272.7M | ||
| Q1 24 | — | $375.0M |
总债务IRMLECO
| Q4 25 | $16.2B | — | ||
| Q3 25 | $15.5B | — | ||
| Q2 25 | $14.8B | — | ||
| Q1 25 | $14.2B | — | ||
| Q4 24 | $13.0B | — | ||
| Q3 24 | $13.2B | — | ||
| Q2 24 | $12.8B | — | ||
| Q1 24 | $12.6B | — |
股东权益IRMLECO
| Q4 25 | $-981.0M | $1.5B | ||
| Q3 25 | $-882.0M | $1.4B | ||
| Q2 25 | $-767.4M | $1.4B | ||
| Q1 25 | $-698.5M | $1.3B | ||
| Q4 24 | $-503.1M | $1.3B | ||
| Q3 24 | $-259.0M | $1.3B | ||
| Q2 24 | $-132.9M | $1.3B | ||
| Q1 24 | $18.5M | $1.3B |
总资产IRMLECO
| Q4 25 | $21.1B | $3.8B | ||
| Q3 25 | $20.6B | $3.8B | ||
| Q2 25 | $20.2B | $3.7B | ||
| Q1 25 | $19.4B | $3.6B | ||
| Q4 24 | $18.7B | $3.5B | ||
| Q3 24 | $18.5B | $3.7B | ||
| Q2 24 | $18.0B | $3.4B | ||
| Q1 24 | $17.8B | $3.4B |
负债/权益比IRMLECO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 679.18× | — |
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 | $500.0M | $95.0M |
| 自由现金流经营现金流 - 资本支出 | $-16.2M | $52.0M |
| 自由现金流率自由现金流/营收 | -0.9% | 4.8% |
| 资本支出强度资本支出/营收 | 28.0% | 4.0% |
| 现金转化率经营现金流/净利润 | 5.37× | 0.70× |
| 过去12个月自由现金流最近4个季度 | $-931.6M | $534.2M |
8季度趋势，按日历期对齐
经营现金流IRMLECO
| Q4 25 | $500.0M | $95.0M | ||
| Q3 25 | $267.6M | $236.7M | ||
| Q2 25 | $375.1M | $143.8M | ||
| Q1 25 | $197.3M | $185.7M | ||
| Q4 24 | $431.6M | $95.8M | ||
| Q3 24 | $252.9M | $199.2M | ||
| Q2 24 | $382.2M | $170.7M | ||
| Q1 24 | $130.0M | $133.3M |
自由现金流IRMLECO
| Q4 25 | $-16.2M | $52.0M | ||
| Q3 25 | $-256.3M | $205.1M | ||
| Q2 25 | $-181.6M | $118.4M | ||
| Q1 25 | $-477.5M | $158.7M | ||
| Q4 24 | $-186.0M | $64.3M | ||
| Q3 24 | $-143.2M | $163.5M | ||
| Q2 24 | $-14.6M | $147.5M | ||
| Q1 24 | $-251.1M | $107.0M |
自由现金流率IRMLECO
| Q4 25 | -0.9% | 4.8% | ||
| Q3 25 | -14.6% | 19.3% | ||
| Q2 25 | -10.6% | 10.9% | ||
| Q1 25 | -30.0% | 15.8% | ||
| Q4 24 | -11.8% | 6.3% | ||
| Q3 24 | -9.2% | 16.6% | ||
| Q2 24 | -1.0% | 14.4% | ||
| Q1 24 | -17.0% | 10.9% |
资本支出强度IRMLECO
| Q4 25 | 28.0% | 4.0% | ||
| Q3 25 | 29.9% | 3.0% | ||
| Q2 25 | 32.5% | 2.3% | ||
| Q1 25 | 42.4% | 2.7% | ||
| Q4 24 | 39.1% | 3.1% | ||
| Q3 24 | 25.4% | 3.6% | ||
| Q2 24 | 25.9% | 2.3% | ||
| Q1 24 | 25.8% | 2.7% |
现金转化率IRMLECO
| Q4 25 | 5.37× | 0.70× | ||
| Q3 25 | 3.10× | 1.93× | ||
| Q2 25 | — | 1.00× | ||
| Q1 25 | 12.15× | 1.57× | ||
| Q4 24 | 4.08× | 0.68× | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | 11.04× | 1.68× | ||
| Q1 24 | 1.69× | 1.08× |
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
IRM
| Storage Rental | $1.1B | 58% |
| Services | $781.9M | 42% |
LECO
| Americas Welding | $681.9M | 63% |
| International Welding | $259.4M | 24% |
| Harris Products Group | $137.4M | 13% |
