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LITHIA MOTORS INC（LAD）与联合太平洋（UNP）财务数据对比。点击上方公司名可切换其他公司
LITHIA MOTORS INC的季度营收约是联合太平洋的1.5倍（$9.2B vs $6.2B），联合太平洋净利率更高（27.4% vs 1.5%，领先25.9%），联合太平洋同比增速更快（3.2% vs 0.3%），联合太平洋自由现金流更多（$631.0M vs $30.5M），过去两年LITHIA MOTORS INC的营收复合增速更高（3.6% vs 1.7%）
Lithia Motors Inc.是总部位于美国俄勒冈州梅德福的全国性汽车经销商集团，按营收计算为2025年美国规模最大的汽车零售商，领先于AutoNation、潘世奇汽车集团等竞争对手。截至2024年12月31日，该公司在美、加、英三国运营459家经销网点，全球员工约3万人。
联合太平洋是美国一级货运铁路运营商，共运营8300台机车，线路总长超5.18万公里，覆盖芝加哥、新奥尔良以西的23个美国州，是全美规模仅次于BNSF的第二大铁路企业。
LAD vs UNP — 直观对比
营收规模更大
LAD
是对方的1.5倍
$6.2B
营收增速更快
UNP
高出2.9%
0.3%
净利率更高
UNP
高出25.9%
1.5%
自由现金流更多
UNP
多$600.5M
$30.5M
两年增速更快
LAD
近两年复合增速
1.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $9.2B | $6.2B |
| 净利润 | $136.9M | $1.7B |
| 毛利率 | 14.9% | — |
| 营业利润率 | 3.7% | 39.5% |
| 净利率 | 1.5% | 27.4% |
| 营收同比 | 0.3% | 3.2% |
| 净利润同比 | -36.6% | 4.6% |
| 每股收益（稀释后） | $5.90 | $2.87 |
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LADUNP
| Q1 26 | — | $6.2B | ||
| Q4 25 | $9.2B | $6.1B | ||
| Q3 25 | $9.7B | $6.2B | ||
| Q2 25 | $9.6B | $6.2B | ||
| Q1 25 | $9.2B | $6.0B | ||
| Q4 24 | $9.2B | $6.1B | ||
| Q3 24 | $9.2B | $6.1B | ||
| Q2 24 | $9.2B | $6.0B |
净利润LADUNP
| Q1 26 | — | $1.7B | ||
| Q4 25 | $136.9M | $1.8B | ||
| Q3 25 | $217.1M | $1.8B | ||
| Q2 25 | $256.1M | $1.9B | ||
| Q1 25 | $209.5M | $1.6B | ||
| Q4 24 | $216.1M | $1.8B | ||
| Q3 24 | $209.1M | $1.7B | ||
| Q2 24 | $214.2M | $1.7B |
毛利率LADUNP
| Q1 26 | — | — | ||
| Q4 25 | 14.9% | — | ||
| Q3 25 | 15.2% | — | ||
| Q2 25 | 15.5% | — | ||
| Q1 25 | 15.4% | — | ||
| Q4 24 | 15.0% | — | ||
| Q3 24 | 15.5% | — | ||
| Q2 24 | 15.4% | — |
营业利润率LADUNP
| Q1 26 | — | 39.5% | ||
| Q4 25 | 3.7% | 39.5% | ||
| Q3 25 | 4.4% | 40.8% | ||
| Q2 25 | 4.4% | 41.0% | ||
| Q1 25 | 4.4% | 39.3% | ||
| Q4 24 | 4.5% | 41.3% | ||
| Q3 24 | 4.6% | 39.7% | ||
| Q2 24 | 4.3% | 40.0% |
净利率LADUNP
| Q1 26 | — | 27.4% | ||
| Q4 25 | 1.5% | 30.4% | ||
| Q3 25 | 2.2% | 28.6% | ||
| Q2 25 | 2.7% | 30.5% | ||
| Q1 25 | 2.3% | 27.0% | ||
| Q4 24 | 2.4% | 28.8% | ||
| Q3 24 | 2.3% | 27.4% | ||
| Q2 24 | 2.3% | 27.9% |
每股收益（稀释后）LADUNP
| Q1 26 | — | $2.87 | ||
| Q4 25 | $5.90 | $3.12 | ||
| Q3 25 | $8.61 | $3.01 | ||
| Q2 25 | $9.87 | $3.15 | ||
| Q1 25 | $7.94 | $2.70 | ||
| Q4 24 | $8.09 | $2.91 | ||
| Q3 24 | $7.80 | $2.75 | ||
| Q2 24 | $7.87 | $2.74 |
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 | — | $735.0M |
| 总债务越低越好 | $9.7B | — |
| 股东权益账面价值 | $6.6B | — |
| 总资产 | $25.1B | $69.6B |
| 负债/权益比越低杠杆越低 | 1.47× | — |
8季度趋势，按日历期对齐
现金及短期投资LADUNP
| Q1 26 | — | $735.0M | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | $206.5M | $808.0M | ||
| Q2 25 | $202.8M | $1.1B | ||
| Q1 25 | $234.4M | $1.4B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $209.8M | $947.0M | ||
| Q2 24 | $516.4M | $1.1B |
总债务LADUNP
| Q1 26 | — | — | ||
| Q4 25 | $9.7B | $30.3B | ||
| Q3 25 | — | $30.3B | ||
| Q2 25 | — | $30.3B | ||
| Q1 25 | — | $30.6B | ||
| Q4 24 | $8.2B | $29.8B | ||
| Q3 24 | — | $29.8B | ||
| Q2 24 | — | $31.2B |
股东权益LADUNP
| Q1 26 | — | — | ||
| Q4 25 | $6.6B | $18.5B | ||
| Q3 25 | $6.8B | $17.3B | ||
| Q2 25 | $7.0B | $16.3B | ||
| Q1 25 | $6.8B | $16.0B | ||
| Q4 24 | $6.7B | $16.9B | ||
| Q3 24 | $6.6B | $16.6B | ||
| Q2 24 | $6.4B | $16.5B |
总资产LADUNP
| Q1 26 | — | $69.6B | ||
| Q4 25 | $25.1B | $69.7B | ||
| Q3 25 | $24.5B | $68.6B | ||
| Q2 25 | $24.2B | $68.6B | ||
| Q1 25 | $23.5B | $68.5B | ||
| Q4 24 | $23.1B | $67.7B | ||
| Q3 24 | $23.3B | $67.6B | ||
| Q2 24 | $23.2B | $67.8B |
负债/权益比LADUNP
| Q1 26 | — | — | ||
| Q4 25 | 1.47× | 1.64× | ||
| Q3 25 | — | 1.75× | ||
| Q2 25 | — | 1.86× | ||
| Q1 25 | — | 1.91× | ||
| Q4 24 | 1.23× | 1.76× | ||
| Q3 24 | — | 1.79× | ||
| Q2 24 | — | 1.89× |
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 | $123.7M | — |
| 自由现金流经营现金流 - 资本支出 | $30.5M | $631.0M |
| 自由现金流率自由现金流/营收 | 0.3% | 10.1% |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | 0.90× | — |
| 过去12个月自由现金流最近4个季度 | $5.8M | $4.8B |
8季度趋势，按日历期对齐
经营现金流LADUNP
| Q1 26 | — | — | ||
| Q4 25 | $123.7M | $2.2B | ||
| Q3 25 | $-98.4M | $2.5B | ||
| Q2 25 | $9.3M | $2.3B | ||
| Q1 25 | $322.1M | $2.2B | ||
| Q4 24 | $61.8M | $2.7B | ||
| Q3 24 | $219.3M | $2.7B | ||
| Q2 24 | $-148.4M | $1.9B |
自由现金流LADUNP
| Q1 26 | — | $631.0M | ||
| Q4 25 | $30.5M | $1.2B | ||
| Q3 25 | $-207.3M | $1.6B | ||
| Q2 25 | $-70.8M | $1.4B | ||
| Q1 25 | $253.4M | $1.3B | ||
| Q4 24 | $-17.7M | $1.7B | ||
| Q3 24 | $157.1M | $1.8B | ||
| Q2 24 | $-278.5M | $1.0B |
自由现金流率LADUNP
| Q1 26 | — | 10.1% | ||
| Q4 25 | 0.3% | 20.1% | ||
| Q3 25 | -2.1% | 25.2% | ||
| Q2 25 | -0.7% | 22.7% | ||
| Q1 25 | 2.8% | 21.6% | ||
| Q4 24 | -0.2% | 28.4% | ||
| Q3 24 | 1.7% | 29.9% | ||
| Q2 24 | -3.0% | 16.8% |
资本支出强度LADUNP
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 16.4% | ||
| Q3 25 | 1.1% | 15.2% | ||
| Q2 25 | 0.8% | 15.2% | ||
| Q1 25 | 0.7% | 15.0% | ||
| Q4 24 | 0.9% | 15.1% | ||
| Q3 24 | 0.7% | 13.6% | ||
| Q2 24 | 1.4% | 15.0% |
现金转化率LADUNP
| Q1 26 | — | — | ||
| Q4 25 | 0.90× | 1.20× | ||
| Q3 25 | -0.45× | 1.41× | ||
| Q2 25 | 0.04× | 1.24× | ||
| Q1 25 | 1.54× | 1.36× | ||
| Q4 24 | 0.29× | 1.51× | ||
| Q3 24 | 1.05× | 1.59× | ||
| Q2 24 | -0.69× | 1.14× |
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
LAD
暂无分部数据
UNP
| Freight revenues | $5.9B | 95% |
| Other revenues | $324.0M | 5% |
