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Iron Mountain（IRM）与罗技（LOGI）财务数据对比。点击上方公司名可切换其他公司
Iron Mountain的季度营收约是罗技的1.3倍（$1.8B vs $1.4B），罗技净利率更高（17.7% vs 5.1%，领先12.6%），Iron Mountain同比增速更快（16.6% vs 6.1%），罗技自由现金流更多（$465.6M vs $-16.2M），过去两年罗技的营收复合增速更高（18.5% vs 11.7%）
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。
罗技国际是总部位于瑞士洛桑的跨国企业，专注于计算机外设及相关软件的研发与生产，在欧洲、亚洲、大洋洲、美洲均设有分支机构，为瑞士市场指数成分股，同时在纳斯达克交易所挂牌上市。
IRM vs LOGI — 直观对比
营收规模更大
IRM
是对方的1.3倍
$1.4B
营收增速更快
IRM
高出10.5%
6.1%
净利率更高
LOGI
高出12.6%
5.1%
自由现金流更多
LOGI
多$481.9M
$-16.2M
两年增速更快
LOGI
近两年复合增速
11.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.4B |
| 净利润 | $93.1M | $251.0M |
| 毛利率 | — | 43.2% |
| 营业利润率 | 18.5% | 20.1% |
| 净利率 | 5.1% | 17.7% |
| 营收同比 | 16.6% | 6.1% |
| 净利润同比 | -11.9% | 25.4% |
| 每股收益（稀释后） | $0.31 | $1.69 |
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IRMLOGI
| Q4 25 | $1.8B | $1.4B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $1.6B | $1.3B | ||
| Q3 24 | $1.6B | $1.1B | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.5B | $1.0B |
净利润IRMLOGI
| Q4 25 | $93.1M | $251.0M | ||
| Q3 25 | $86.2M | $170.7M | ||
| Q2 25 | $-43.3M | $146.0M | ||
| Q1 25 | $16.2M | $144.1M | ||
| Q4 24 | $105.7M | $200.1M | ||
| Q3 24 | $-33.7M | $145.5M | ||
| Q2 24 | $34.6M | $141.8M | ||
| Q1 24 | $77.0M | $167.6M |
毛利率IRMLOGI
| Q4 25 | — | 43.2% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 41.7% | ||
| Q1 25 | — | 43.1% | ||
| Q4 24 | — | 42.9% | ||
| Q3 24 | — | 43.6% | ||
| Q2 24 | — | 42.8% | ||
| Q1 24 | — | 43.2% |
营业利润率IRMLOGI
| Q4 25 | 18.5% | 20.1% | ||
| Q3 25 | 17.6% | 16.1% | ||
| Q2 25 | 15.2% | 14.1% | ||
| Q1 25 | 16.0% | 10.5% | ||
| Q4 24 | 17.9% | 17.5% | ||
| Q3 24 | 16.1% | 14.4% | ||
| Q2 24 | 15.0% | 14.1% | ||
| Q1 24 | 16.6% | 12.9% |
净利率IRMLOGI
| Q4 25 | 5.1% | 17.7% | ||
| Q3 25 | 4.9% | 14.4% | ||
| Q2 25 | -2.5% | 12.7% | ||
| Q1 25 | 1.0% | 14.3% | ||
| Q4 24 | 6.7% | 14.9% | ||
| Q3 24 | -2.2% | 13.0% | ||
| Q2 24 | 2.3% | 13.0% | ||
| Q1 24 | 5.2% | 16.6% |
每股收益（稀释后）IRMLOGI
| Q4 25 | $0.31 | $1.69 | ||
| Q3 25 | $0.28 | $1.15 | ||
| Q2 25 | $-0.15 | $0.98 | ||
| Q1 25 | $0.05 | $0.94 | ||
| Q4 24 | $0.35 | $1.32 | ||
| Q3 24 | $-0.11 | $0.95 | ||
| Q2 24 | $0.12 | $0.92 | ||
| Q1 24 | $0.25 | $1.07 |
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 | $1.8B |
| 总债务越低越好 | $16.2B | — |
| 股东权益账面价值 | $-981.0M | $2.3B |
| 总资产 | $21.1B | $4.1B |
| 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IRMLOGI
| Q4 25 | $158.5M | $1.8B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $155.7M | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.5B |
总债务IRMLOGI
| 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IRMLOGI
| Q4 25 | $-981.0M | $2.3B | ||
| Q3 25 | $-882.0M | $2.1B | ||
| Q2 25 | $-767.4M | $2.2B | ||
| Q1 25 | $-698.5M | $2.1B | ||
| Q4 24 | $-503.1M | $2.1B | ||
| Q3 24 | $-259.0M | $2.1B | ||
| Q2 24 | $-132.9M | $2.2B | ||
| Q1 24 | $18.5M | $2.2B |
总资产IRMLOGI
| Q4 25 | $21.1B | $4.1B | ||
| Q3 25 | $20.6B | $3.7B | ||
| Q2 25 | $20.2B | $3.7B | ||
| Q1 25 | $19.4B | $3.5B | ||
| Q4 24 | $18.7B | $3.7B | ||
| Q3 24 | $18.5B | $3.6B | ||
| Q2 24 | $18.0B | $3.7B | ||
| Q1 24 | $17.8B | $3.6B |
负债/权益比IRMLOGI
| 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 | $480.5M |
| 自由现金流经营现金流 - 资本支出 | $-16.2M | $465.6M |
| 自由现金流率自由现金流/营收 | -0.9% | 32.8% |
| 资本支出强度资本支出/营收 | 28.0% | 1.0% |
| 现金转化率经营现金流/净利润 | 5.37× | 1.91× |
| 过去12个月自由现金流最近4个季度 | $-931.6M | $903.6M |
8季度趋势，按日历期对齐
经营现金流IRMLOGI
| Q4 25 | $500.0M | $480.5M | ||
| Q3 25 | $267.6M | $228.8M | ||
| Q2 25 | $375.1M | $125.0M | ||
| Q1 25 | $197.3M | $129.7M | ||
| Q4 24 | $431.6M | $370.9M | ||
| Q3 24 | $252.9M | $166.0M | ||
| Q2 24 | $382.2M | $176.0M | ||
| Q1 24 | $130.0M | $239.1M |
自由现金流IRMLOGI
| Q4 25 | $-16.2M | $465.6M | ||
| Q3 25 | $-256.3M | $212.3M | ||
| Q2 25 | $-181.6M | $108.8M | ||
| Q1 25 | $-477.5M | $116.9M | ||
| Q4 24 | $-186.0M | $356.6M | ||
| Q3 24 | $-143.2M | $151.5M | ||
| Q2 24 | $-14.6M | $161.4M | ||
| Q1 24 | $-251.1M | $228.8M |
自由现金流率IRMLOGI
| Q4 25 | -0.9% | 32.8% | ||
| Q3 25 | -14.6% | 17.9% | ||
| Q2 25 | -10.6% | 9.5% | ||
| Q1 25 | -30.0% | 11.6% | ||
| Q4 24 | -11.8% | 26.6% | ||
| Q3 24 | -9.2% | 13.6% | ||
| Q2 24 | -1.0% | 14.8% | ||
| Q1 24 | -17.0% | 22.6% |
资本支出强度IRMLOGI
| Q4 25 | 28.0% | 1.0% | ||
| Q3 25 | 29.9% | 1.4% | ||
| Q2 25 | 32.5% | 1.4% | ||
| Q1 25 | 42.4% | 1.3% | ||
| Q4 24 | 39.1% | 1.1% | ||
| Q3 24 | 25.4% | 1.3% | ||
| Q2 24 | 25.9% | 1.3% | ||
| Q1 24 | 25.8% | 1.0% |
现金转化率IRMLOGI
| Q4 25 | 5.37× | 1.91× | ||
| Q3 25 | 3.10× | 1.34× | ||
| Q2 25 | — | 0.86× | ||
| Q1 25 | 12.15× | 0.90× | ||
| Q4 24 | 4.08× | 1.85× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | 11.04× | 1.24× | ||
| Q1 24 | 1.69× | 1.43× |
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% |
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
