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JELD-WEN Holding, Inc.（JELD）与礼恩派（LEG）财务数据对比。点击上方公司名可切换其他公司
礼恩派的季度营收约是JELD-WEN Holding, Inc.的1.2倍（$938.6M vs $802.0M），礼恩派净利率更高（2.7% vs -5.2%，领先7.9%），JELD-WEN Holding, Inc.同比增速更快（-10.5% vs -11.2%），礼恩派自由现金流更多（$101.9M vs $3.4M），过去两年礼恩派的营收复合增速更高（-7.5% vs -8.6%）
JELD-WEN是一家总部位于美国北卡罗来纳州夏洛特的企业，在全球19个国家运营着超过120家生产基地。公司主营设计、生产并销售室内外门窗、各类材质窗品、墙体系统、淋浴隔断、衣帽间系统等建筑部件，产品广泛应用于住宅与非住宅建筑的新建、维修及改造工程。
礼恩派（Leggett & Platt）总部位于美国密苏里州迦太基，是一家多元化制造企业，成立于1883年。公司专注于设计生产各类工程组件及产品，广泛应用于家居与汽车领域。目前旗下设有15个业务单元，在全球18个国家拥有135座生产工厂，员工总数达2万名。
JELD vs LEG — 直观对比
营收规模更大
LEG
是对方的1.2倍
$802.0M
营收增速更快
JELD
高出0.7%
-11.2%
净利率更高
LEG
高出7.9%
-5.2%
自由现金流更多
LEG
多$98.5M
$3.4M
两年增速更快
LEG
近两年复合增速
-8.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $802.0M | $938.6M |
| 净利润 | $-41.9M | $25.1M |
| 毛利率 | 14.7% | 17.9% |
| 营业利润率 | -1.8% | 2.0% |
| 净利率 | -5.2% | 2.7% |
| 营收同比 | -10.5% | -11.2% |
| 净利润同比 | 38.7% | 76.8% |
| 每股收益（稀释后） | $-0.50 | $0.18 |
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JELDLEG
| Q4 25 | $802.0M | $938.6M | ||
| Q3 25 | $809.5M | $1.0B | ||
| Q2 25 | $823.7M | $1.1B | ||
| Q1 25 | $776.0M | $1.0B | ||
| Q4 24 | $895.7M | $1.1B | ||
| Q3 24 | $934.7M | $1.1B | ||
| Q2 24 | $986.0M | $1.1B | ||
| Q1 24 | $959.1M | $1.1B |
净利润JELDLEG
| Q4 25 | $-41.9M | $25.1M | ||
| Q3 25 | $-367.6M | $127.1M | ||
| Q2 25 | $-21.5M | $52.5M | ||
| Q1 25 | $-190.1M | $30.6M | ||
| Q4 24 | $-68.4M | $14.2M | ||
| Q3 24 | $-74.4M | $44.9M | ||
| Q2 24 | $-18.5M | $-602.2M | ||
| Q1 24 | $-27.7M | $31.6M |
毛利率JELDLEG
| Q4 25 | 14.7% | 17.9% | ||
| Q3 25 | 17.4% | 18.7% | ||
| Q2 25 | 17.4% | 18.2% | ||
| Q1 25 | 14.4% | 18.6% | ||
| Q4 24 | 16.4% | 16.6% | ||
| Q3 24 | 19.2% | 18.2% | ||
| Q2 24 | 19.3% | 16.5% | ||
| Q1 24 | 18.0% | 17.0% |
营业利润率JELDLEG
| Q4 25 | -1.8% | 2.0% | ||
| Q3 25 | -25.0% | 14.9% | ||
| Q2 25 | -1.7% | 6.8% | ||
| Q1 25 | -23.8% | 4.4% | ||
| Q4 24 | -5.7% | 2.4% | ||
| Q3 24 | -5.6% | 5.2% | ||
| Q2 24 | 0.5% | -56.2% | ||
| Q1 24 | -2.9% | 3.9% |
净利率JELDLEG
| Q4 25 | -5.2% | 2.7% | ||
| Q3 25 | -45.4% | 12.3% | ||
| Q2 25 | -2.6% | 5.0% | ||
| Q1 25 | -24.5% | 3.0% | ||
| Q4 24 | -7.6% | 1.3% | ||
| Q3 24 | -8.0% | 4.1% | ||
| Q2 24 | -1.9% | -53.4% | ||
| Q1 24 | -2.9% | 2.9% |
每股收益（稀释后）JELDLEG
| Q4 25 | $-0.50 | $0.18 | ||
| Q3 25 | $-4.30 | $0.91 | ||
| Q2 25 | $-0.25 | $0.38 | ||
| Q1 25 | $-2.24 | $0.22 | ||
| Q4 24 | $-0.80 | $0.10 | ||
| Q3 24 | $-0.88 | $0.33 | ||
| Q2 24 | $-0.22 | $-4.39 | ||
| Q1 24 | $-0.32 | $0.23 |
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 | $136.1M | $587.4M |
| 总债务越低越好 | $1.1B | $1.5B |
| 股东权益账面价值 | $92.2M | $1.0B |
| 总资产 | $2.1B | $3.5B |
| 负债/权益比越低杠杆越低 | 12.47× | 1.46× |
8季度趋势，按日历期对齐
现金及短期投资JELDLEG
| Q4 25 | $136.1M | $587.4M | ||
| Q3 25 | $106.7M | $460.7M | ||
| Q2 25 | $134.1M | $368.8M | ||
| Q1 25 | $132.5M | $412.6M | ||
| Q4 24 | $150.3M | $350.2M | ||
| Q3 24 | $208.5M | $277.2M | ||
| Q2 24 | $212.8M | $307.0M | ||
| Q1 24 | $234.5M | $361.3M |
总债务JELDLEG
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $1.2B | $1.8B | ||
| Q1 25 | $1.2B | $1.9B | ||
| Q4 24 | $1.2B | $1.9B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.2B | $1.7B | ||
| Q1 24 | $1.2B | $1.8B |
股东权益JELDLEG
| Q4 25 | $92.2M | $1.0B | ||
| Q3 25 | $113.9M | $971.8M | ||
| Q2 25 | $477.1M | $855.0M | ||
| Q1 25 | $452.1M | $746.8M | ||
| Q4 24 | $620.1M | $689.4M | ||
| Q3 24 | $720.3M | $741.0M | ||
| Q2 24 | $770.0M | $667.6M | ||
| Q1 24 | $811.5M | $1.3B |
总资产JELDLEG
| Q4 25 | $2.1B | $3.5B | ||
| Q3 25 | $2.2B | $3.5B | ||
| Q2 25 | $2.5B | $3.7B | ||
| Q1 25 | $2.4B | $3.7B | ||
| Q4 24 | $2.6B | $3.7B | ||
| Q3 24 | $2.8B | $3.8B | ||
| Q2 24 | $2.9B | $3.8B | ||
| Q1 24 | $2.9B | $4.6B |
负债/权益比JELDLEG
| Q4 25 | 12.47× | 1.46× | ||
| Q3 25 | 10.14× | 1.54× | ||
| Q2 25 | 2.42× | 2.10× | ||
| Q1 25 | 2.56× | 2.59× | ||
| Q4 24 | 1.86× | 2.70× | ||
| Q3 24 | 1.64× | 2.13× | ||
| Q2 24 | 1.53× | 2.55× | ||
| Q1 24 | 1.46× | 1.38× |
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 | $32.8M | $121.5M |
| 自由现金流经营现金流 - 资本支出 | $3.4M | $101.9M |
| 自由现金流率自由现金流/营收 | 0.4% | 10.9% |
| 资本支出强度资本支出/营收 | 3.7% | 2.1% |
| 现金转化率经营现金流/净利润 | — | 4.84× |
| 过去12个月自由现金流最近4个季度 | $-124.6M | $281.0M |
8季度趋势，按日历期对齐
经营现金流JELDLEG
| Q4 25 | $32.8M | $121.5M | ||
| Q3 25 | $11.2M | $125.9M | ||
| Q2 25 | $34.6M | $84.0M | ||
| Q1 25 | $-83.5M | $6.8M | ||
| Q4 24 | $28.2M | $122.3M | ||
| Q3 24 | $37.6M | $95.5M | ||
| Q2 24 | $51.4M | $94.0M | ||
| Q1 24 | $-11.0M | $-6.1M |
自由现金流JELDLEG
| Q4 25 | $3.4M | $101.9M | ||
| Q3 25 | $-13.1M | $110.1M | ||
| Q2 25 | $5.3M | $75.5M | ||
| Q1 25 | $-120.3M | $-6.5M | ||
| Q4 24 | $-23.9M | $100.5M | ||
| Q3 24 | $-4.3M | $77.1M | ||
| Q2 24 | $14.7M | $78.5M | ||
| Q1 24 | $-42.2M | $-32.0M |
自由现金流率JELDLEG
| Q4 25 | 0.4% | 10.9% | ||
| Q3 25 | -1.6% | 10.6% | ||
| Q2 25 | 0.6% | 7.1% | ||
| Q1 25 | -15.5% | -0.6% | ||
| Q4 24 | -2.7% | 9.5% | ||
| Q3 24 | -0.5% | 7.0% | ||
| Q2 24 | 1.5% | 7.0% | ||
| Q1 24 | -4.4% | -2.9% |
资本支出强度JELDLEG
| Q4 25 | 3.7% | 2.1% | ||
| Q3 25 | 3.0% | 1.5% | ||
| Q2 25 | 3.6% | 0.8% | ||
| Q1 25 | 4.7% | 1.3% | ||
| Q4 24 | 5.8% | 2.1% | ||
| Q3 24 | 4.5% | 1.7% | ||
| Q2 24 | 3.7% | 1.4% | ||
| Q1 24 | 3.3% | 2.4% |
现金转化率JELDLEG
| Q4 25 | — | 4.84× | ||
| Q3 25 | — | 0.99× | ||
| Q2 25 | — | 1.60× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 8.61× | ||
| Q3 24 | — | 2.13× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.19× |
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
JELD
| North America Segment | $522.0M | 65% |
| Europe Segment | $280.0M | 35% |
LEG
| Bedding Products | $373.8M | 40% |
| Flooring And Textile Products Group | $196.9M | 21% |
| Automotive Group | $194.9M | 21% |
| Work Furniture Group | $66.2M | 7% |
| Home Furniture Group | $61.0M | 6% |
| Hydraulic Cylinders | $45.8M | 5% |
