vs
Loews Corporation（L）与泰瑞达（TER）财务数据对比。点击上方公司名可切换其他公司
泰瑞达的季度营收约是Loews Corporation的1.3倍（$1.1B vs $827.0M），Loews Corporation净利率更高（48.6% vs 23.7%，领先24.9%），泰瑞达同比增速更快（43.9% vs 4.8%），Loews Corporation自由现金流更多（$426.0M vs $218.8M），过去两年泰瑞达的营收复合增速更高（34.4% vs 7.9%）
Loews Corporation是一家总部位于美国的多元化综合企业集团，旗下子公司业务覆盖财产保险、天然气管道运输、酒店运营、油气勘探生产等核心领域，主要服务北美市场的商业、消费者及工业客户。
泰瑞达是总部位于美国马萨诸塞州北雷丁的自动测试设备（ATE）设计及制造企业，在全球半导体测试领域拥有深厚技术积累，服务的知名客户涵盖三星、高通、英特尔、亚德诺、德州仪器、IBM等行业头部企业。
L vs TER — 直观对比
营收规模更大
TER
是对方的1.3倍
$827.0M
营收增速更快
TER
高出39.1%
4.8%
净利率更高
L
高出24.9%
23.7%
自由现金流更多
L
多$207.2M
$218.8M
两年增速更快
TER
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $827.0M | $1.1B |
| 净利润 | $402.0M | $257.2M |
| 毛利率 | — | 57.2% |
| 营业利润率 | 65.4% | 27.1% |
| 净利率 | 48.6% | 23.7% |
| 营收同比 | 4.8% | 43.9% |
| 净利润同比 | 115.0% | 75.9% |
| 每股收益（稀释后） | $1.93 | $1.62 |
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LTER
| Q4 25 | $827.0M | $1.1B | ||
| Q3 25 | $732.0M | $769.2M | ||
| Q2 25 | $769.0M | $651.8M | ||
| Q1 25 | $846.0M | $685.7M | ||
| Q4 24 | $789.0M | $752.9M | ||
| Q3 24 | $683.0M | $737.3M | ||
| Q2 24 | $711.0M | $729.9M | ||
| Q1 24 | $710.0M | $599.8M |
净利润LTER
| Q4 25 | $402.0M | $257.2M | ||
| Q3 25 | $504.0M | $119.6M | ||
| Q2 25 | $391.0M | $78.4M | ||
| Q1 25 | $370.0M | $98.9M | ||
| Q4 24 | $187.0M | $146.3M | ||
| Q3 24 | $401.0M | $145.6M | ||
| Q2 24 | $369.0M | $186.3M | ||
| Q1 24 | $457.0M | $64.2M |
毛利率LTER
| Q4 25 | — | 57.2% | ||
| Q3 25 | — | 58.4% | ||
| Q2 25 | — | 57.2% | ||
| Q1 25 | — | 60.6% | ||
| Q4 24 | — | 59.4% | ||
| Q3 24 | — | 59.2% | ||
| Q2 24 | — | 58.3% | ||
| Q1 24 | — | 56.6% |
营业利润率LTER
| Q4 25 | 65.4% | 27.1% | ||
| Q3 25 | 94.1% | 18.9% | ||
| Q2 25 | 70.1% | 13.9% | ||
| Q1 25 | 60.8% | 17.6% | ||
| Q4 24 | 23.8% | 20.4% | ||
| Q3 24 | 80.5% | 20.6% | ||
| Q2 24 | 71.3% | 28.8% | ||
| Q1 24 | 88.6% | 13.0% |
净利率LTER
| Q4 25 | 48.6% | 23.7% | ||
| Q3 25 | 68.9% | 15.5% | ||
| Q2 25 | 50.8% | 12.0% | ||
| Q1 25 | 43.7% | 14.4% | ||
| Q4 24 | 23.7% | 19.4% | ||
| Q3 24 | 58.7% | 19.8% | ||
| Q2 24 | 51.9% | 25.5% | ||
| Q1 24 | 64.4% | 10.7% |
每股收益（稀释后）LTER
| Q4 25 | $1.93 | $1.62 | ||
| Q3 25 | $2.43 | $0.75 | ||
| Q2 25 | $1.87 | $0.49 | ||
| Q1 25 | $1.74 | $0.61 | ||
| Q4 24 | $0.87 | $0.89 | ||
| Q3 24 | $1.82 | $0.89 | ||
| Q2 24 | $1.67 | $1.14 | ||
| Q1 24 | $2.05 | $0.40 |
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 | $6.0B | $293.8M |
| 总债务越低越好 | $8.4B | — |
| 股东权益账面价值 | $18.7B | $2.8B |
| 总资产 | $86.3B | $4.2B |
| 负债/权益比越低杠杆越低 | 0.45× | — |
8季度趋势，按日历期对齐
现金及短期投资LTER
| Q4 25 | $6.0B | $293.8M | ||
| Q3 25 | $5.4B | $272.7M | ||
| Q2 25 | $4.5B | $339.3M | ||
| Q1 25 | $4.4B | $475.6M | ||
| Q4 24 | $4.6B | $553.4M | ||
| Q3 24 | $5.2B | $510.0M | ||
| Q2 24 | $4.9B | $421.9M | ||
| Q1 24 | $5.4B | $707.4M |
总债务LTER
| Q4 25 | $8.4B | — | ||
| Q3 25 | $8.4B | — | ||
| Q2 25 | $7.9B | — | ||
| Q1 25 | $8.4B | — | ||
| Q4 24 | $8.9B | — | ||
| Q3 24 | $8.8B | — | ||
| Q2 24 | $8.6B | — | ||
| Q1 24 | $8.4B | — |
股东权益LTER
| Q4 25 | $18.7B | $2.8B | ||
| Q3 25 | $18.3B | $2.7B | ||
| Q2 25 | $17.5B | $2.8B | ||
| Q1 25 | $17.2B | $2.8B | ||
| Q4 24 | $17.1B | $2.8B | ||
| Q3 24 | $17.4B | $2.9B | ||
| Q2 24 | $16.4B | $2.7B | ||
| Q1 24 | $16.2B | $2.6B |
总资产LTER
| Q4 25 | $86.3B | $4.2B | ||
| Q3 25 | $85.9B | $4.0B | ||
| Q2 25 | $84.7B | $3.8B | ||
| Q1 25 | $83.1B | $3.7B | ||
| Q4 24 | $81.9B | $3.7B | ||
| Q3 24 | $83.6B | $3.8B | ||
| Q2 24 | $81.1B | $3.6B | ||
| Q1 24 | $80.9B | $3.4B |
负债/权益比LTER
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.46× | — | ||
| Q2 25 | 0.45× | — | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 0.52× | — | ||
| Q3 24 | 0.51× | — | ||
| Q2 24 | 0.52× | — | ||
| Q1 24 | 0.52× | — |
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 | $617.0M | $281.6M |
| 自由现金流经营现金流 - 资本支出 | $426.0M | $218.8M |
| 自由现金流率自由现金流/营收 | 51.5% | 20.2% |
| 资本支出强度资本支出/营收 | 23.1% | 5.8% |
| 现金转化率经营现金流/净利润 | 1.53× | 1.09× |
| 过去12个月自由现金流最近4个季度 | $2.7B | $450.4M |
8季度趋势，按日历期对齐
经营现金流LTER
| Q4 25 | $617.0M | $281.6M | ||
| Q3 25 | $920.0M | $49.0M | ||
| Q2 25 | $1.0B | $182.1M | ||
| Q1 25 | $736.0M | $161.6M | ||
| Q4 24 | $941.0M | $282.6M | ||
| Q3 24 | $934.0M | $166.3M | ||
| Q2 24 | $952.0M | $216.1M | ||
| Q1 24 | $198.0M | $7.3M |
自由现金流LTER
| Q4 25 | $426.0M | $218.8M | ||
| Q3 25 | $764.0M | $2.4M | ||
| Q2 25 | $872.0M | $131.7M | ||
| Q1 25 | $638.0M | $97.6M | ||
| Q4 24 | $767.0M | $225.2M | ||
| Q3 24 | $794.0M | $114.4M | ||
| Q2 24 | $793.0M | $171.2M | ||
| Q1 24 | $39.0M | $-36.7M |
自由现金流率LTER
| Q4 25 | 51.5% | 20.2% | ||
| Q3 25 | 104.4% | 0.3% | ||
| Q2 25 | 113.4% | 20.2% | ||
| Q1 25 | 75.4% | 14.2% | ||
| Q4 24 | 97.2% | 29.9% | ||
| Q3 24 | 116.3% | 15.5% | ||
| Q2 24 | 111.5% | 23.5% | ||
| Q1 24 | 5.5% | -6.1% |
资本支出强度LTER
| Q4 25 | 23.1% | 5.8% | ||
| Q3 25 | 21.3% | 6.1% | ||
| Q2 25 | 17.4% | 7.7% | ||
| Q1 25 | 11.6% | 9.3% | ||
| Q4 24 | 22.1% | 7.6% | ||
| Q3 24 | 20.5% | 7.0% | ||
| Q2 24 | 22.4% | 6.1% | ||
| Q1 24 | 22.4% | 7.3% |
现金转化率LTER
| Q4 25 | 1.53× | 1.09× | ||
| Q3 25 | 1.83× | 0.41× | ||
| Q2 25 | 2.57× | 2.32× | ||
| Q1 25 | 1.99× | 1.63× | ||
| Q4 24 | 5.03× | 1.93× | ||
| Q3 24 | 2.33× | 1.14× | ||
| Q2 24 | 2.58× | 1.16× | ||
| Q1 24 | 0.43× | 0.11× |
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
L
| Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services | $601.0M | 73% |
| Lodging And Related Services | $226.0M | 27% |
TER
| Soc | $646.5M | 60% |
| Memory | $206.5M | 19% |
| Transferred At Point In Time | $90.0M | 8% |
| Universal Robots | $89.4M | 8% |
| IST | $30.5M | 3% |
| Transferred Over Time | $20.5M | 2% |
