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Loews Corporation（L）与WINNEBAGO INDUSTRIES INC（WGO）财务数据对比。点击上方公司名可切换其他公司
Loews Corporation的季度营收约是WINNEBAGO INDUSTRIES INC的1.2倍（$827.0M vs $702.7M），Loews Corporation净利率更高（48.6% vs 0.8%，领先47.8%），WINNEBAGO INDUSTRIES INC同比增速更快（12.3% vs 4.8%），Loews Corporation自由现金流更多（$426.0M vs $19.8M），过去两年Loews Corporation的营收复合增速更高（7.9% vs -4.5%）
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。
温尼贝戈工业是美国知名的房车制造商，主营 recreational vehicle（ recreational vehicle 即休闲旅居车）生产制造，2018年收购克里斯-克拉夫特公司后进军摩托艇制造领域，企业也曾产出中轻型多用途车等相关产品，公司名称源自其原总部所在地爱荷华州的温纳贝戈县。
L vs WGO — 直观对比
营收规模更大
L
是对方的1.2倍
$702.7M
营收增速更快
WGO
高出7.5%
4.8%
净利率更高
L
高出47.8%
0.8%
自由现金流更多
L
多$406.2M
$19.8M
两年增速更快
L
近两年复合增速
-4.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $827.0M | $702.7M |
| 净利润 | $402.0M | $5.5M |
| 毛利率 | — | 12.7% |
| 营业利润率 | 65.4% | 2.0% |
| 净利率 | 48.6% | 0.8% |
| 营收同比 | 4.8% | 12.3% |
| 净利润同比 | 115.0% | 205.8% |
| 每股收益（稀释后） | $1.93 | $0.19 |
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LWGO
| Q4 25 | $827.0M | $702.7M | ||
| Q3 25 | $732.0M | — | ||
| Q2 25 | $769.0M | $775.1M | ||
| Q1 25 | $846.0M | — | ||
| Q4 24 | $789.0M | $625.6M | ||
| Q3 24 | $683.0M | $720.9M | ||
| Q2 24 | $711.0M | $786.0M | ||
| Q1 24 | $710.0M | $703.6M |
净利润LWGO
| Q4 25 | $402.0M | $5.5M | ||
| Q3 25 | $504.0M | — | ||
| Q2 25 | $391.0M | $17.6M | ||
| Q1 25 | $370.0M | — | ||
| Q4 24 | $187.0M | $-5.2M | ||
| Q3 24 | $401.0M | $-29.1M | ||
| Q2 24 | $369.0M | $29.0M | ||
| Q1 24 | $457.0M | $-12.7M |
毛利率LWGO
| Q4 25 | — | 12.7% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 13.7% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 12.3% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | — | 15.0% | ||
| Q1 24 | — | 15.0% |
营业利润率LWGO
| Q4 25 | 65.4% | 2.0% | ||
| Q3 25 | 94.1% | — | ||
| Q2 25 | 70.1% | 3.9% | ||
| Q1 25 | 60.8% | — | ||
| Q4 24 | 23.8% | -0.1% | ||
| Q3 24 | 80.5% | -2.5% | ||
| Q2 24 | 71.3% | 5.5% | ||
| Q1 24 | 88.6% | 5.0% |
净利率LWGO
| Q4 25 | 48.6% | 0.8% | ||
| Q3 25 | 68.9% | — | ||
| Q2 25 | 50.8% | 2.3% | ||
| Q1 25 | 43.7% | — | ||
| Q4 24 | 23.7% | -0.8% | ||
| Q3 24 | 58.7% | -4.0% | ||
| Q2 24 | 51.9% | 3.7% | ||
| Q1 24 | 64.4% | -1.8% |
每股收益（稀释后）LWGO
| Q4 25 | $1.93 | $0.19 | ||
| Q3 25 | $2.43 | — | ||
| Q2 25 | $1.87 | $0.62 | ||
| Q1 25 | $1.74 | — | ||
| Q4 24 | $0.87 | $-0.18 | ||
| Q3 24 | $1.82 | $-0.87 | ||
| Q2 24 | $1.67 | $0.96 | ||
| Q1 24 | $2.05 | $-0.43 |
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 | $181.7M |
| 总债务越低越好 | $8.4B | $541.0M |
| 股东权益账面价值 | $18.7B | $1.2B |
| 总资产 | $86.3B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资LWGO
| Q4 25 | $6.0B | $181.7M | ||
| Q3 25 | $5.4B | — | ||
| Q2 25 | $4.5B | $10.5M | ||
| Q1 25 | $4.4B | — | ||
| Q4 24 | $4.6B | $262.5M | ||
| Q3 24 | $5.2B | $330.9M | ||
| Q2 24 | $4.9B | $318.1M | ||
| Q1 24 | $5.4B | $265.7M |
总债务LWGO
| Q4 25 | $8.4B | $541.0M | ||
| Q3 25 | $8.4B | — | ||
| Q2 25 | $7.9B | $539.9M | ||
| Q1 25 | $8.4B | — | ||
| Q4 24 | $8.9B | $637.7M | ||
| Q3 24 | $8.8B | $637.1M | ||
| Q2 24 | $8.6B | $636.4M | ||
| Q1 24 | $8.4B | $694.8M |
股东权益LWGO
| Q4 25 | $18.7B | $1.2B | ||
| Q3 25 | $18.3B | — | ||
| Q2 25 | $17.5B | $1.2B | ||
| Q1 25 | $17.2B | — | ||
| Q4 24 | $17.1B | $1.2B | ||
| Q3 24 | $17.4B | $1.3B | ||
| Q2 24 | $16.4B | $1.3B | ||
| Q1 24 | $16.2B | $1.3B |
总资产LWGO
| Q4 25 | $86.3B | $2.1B | ||
| Q3 25 | $85.9B | — | ||
| Q2 25 | $84.7B | $2.1B | ||
| Q1 25 | $83.1B | — | ||
| Q4 24 | $81.9B | $2.3B | ||
| Q3 24 | $83.6B | $2.4B | ||
| Q2 24 | $81.1B | $2.4B | ||
| Q1 24 | $80.9B | $2.4B |
负债/权益比LWGO
| Q4 25 | 0.45× | 0.44× | ||
| Q3 25 | 0.46× | — | ||
| Q2 25 | 0.45× | 0.44× | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 0.52× | 0.51× | ||
| Q3 24 | 0.51× | 0.50× | ||
| Q2 24 | 0.52× | 0.48× | ||
| Q1 24 | 0.52× | 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 | $25.4M |
| 自由现金流经营现金流 - 资本支出 | $426.0M | $19.8M |
| 自由现金流率自由现金流/营收 | 51.5% | 2.8% |
| 资本支出强度资本支出/营收 | 23.1% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.53× | 4.62× |
| 过去12个月自由现金流最近4个季度 | $2.7B | $-32.4M |
8季度趋势，按日历期对齐
经营现金流LWGO
| Q4 25 | $617.0M | $25.4M | ||
| Q3 25 | $920.0M | — | ||
| Q2 25 | $1.0B | $-35.8M | ||
| Q1 25 | $736.0M | — | ||
| Q4 24 | $941.0M | $-16.7M | ||
| Q3 24 | $934.0M | $40.7M | ||
| Q2 24 | $952.0M | $99.4M | ||
| Q1 24 | $198.0M | $25.2M |
自由现金流LWGO
| Q4 25 | $426.0M | $19.8M | ||
| Q3 25 | $764.0M | — | ||
| Q2 25 | $872.0M | $-55.0M | ||
| Q1 25 | $638.0M | — | ||
| Q4 24 | $767.0M | $-26.7M | ||
| Q3 24 | $794.0M | $29.5M | ||
| Q2 24 | $793.0M | $88.4M | ||
| Q1 24 | $39.0M | $14.2M |
自由现金流率LWGO
| Q4 25 | 51.5% | 2.8% | ||
| Q3 25 | 104.4% | — | ||
| Q2 25 | 113.4% | -7.1% | ||
| Q1 25 | 75.4% | — | ||
| Q4 24 | 97.2% | -4.3% | ||
| Q3 24 | 116.3% | 4.1% | ||
| Q2 24 | 111.5% | 11.2% | ||
| Q1 24 | 5.5% | 2.0% |
资本支出强度LWGO
| Q4 25 | 23.1% | 0.8% | ||
| Q3 25 | 21.3% | — | ||
| Q2 25 | 17.4% | 2.5% | ||
| Q1 25 | 11.6% | — | ||
| Q4 24 | 22.1% | 1.6% | ||
| Q3 24 | 20.5% | 1.6% | ||
| Q2 24 | 22.4% | 1.4% | ||
| Q1 24 | 22.4% | 1.6% |
现金转化率LWGO
| Q4 25 | 1.53× | 4.62× | ||
| Q3 25 | 1.83× | — | ||
| Q2 25 | 2.57× | -2.03× | ||
| Q1 25 | 1.99× | — | ||
| Q4 24 | 5.03× | — | ||
| Q3 24 | 2.33× | — | ||
| Q2 24 | 2.58× | 3.43× | ||
| Q1 24 | 0.43× | — |
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
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% |
WGO
| Travel Trailer | $139.2M | 20% |
| Class C And Other | $131.0M | 19% |
| Fifth Wheel | $116.0M | 17% |
| Class A | $97.4M | 14% |
| Marine Segment | $79.2M | 11% |
| Class B | $76.3M | 11% |
| Other | $56.4M | 8% |
