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LAMAR ADVERTISING CO（LAMR）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
LAMAR ADVERTISING CO的季度营收约是RBC Bearings INC的1.3倍（$595.9M vs $461.6M），LAMAR ADVERTISING CO净利率更高（25.6% vs 14.6%，领先11.0%），RBC Bearings INC同比增速更快（17.0% vs 2.8%），LAMAR ADVERTISING CO自由现金流更多（$208.3M vs $99.1M），过去两年LAMAR ADVERTISING CO的营收复合增速更高（9.4% vs 5.6%）
拉马尔广告是一家知名户外广告服务商，1902年由查尔斯·W·拉马尔与J.M.科伊创立，总部位于美国路易斯安那州巴吞鲁日。公司业务覆盖美国与加拿大，在两地设有超200个运营网点，旗下在美国境内拥有超过36.3万个广告展示位，涵盖广告牌、标识标牌、公共交通展示载体等品类，2014年转型为房地产投资信托。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
LAMR vs RBC — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $595.9M | $461.6M |
| 净利润 | $152.3M | $67.4M |
| 毛利率 | 67.7% | 44.3% |
| 营业利润率 | 32.9% | 22.3% |
| 净利率 | 25.6% | 14.6% |
| 营收同比 | 2.8% | 17.0% |
| 净利润同比 | 12801.3% | 16.4% |
| 每股收益（稀释后） | $1.50 | $2.13 |
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
| Q4 25 | $595.9M | $461.6M | ||
| Q3 25 | $585.5M | $455.3M | ||
| Q2 25 | $579.3M | $436.0M | ||
| Q1 25 | $505.4M | $437.7M | ||
| Q4 24 | $579.6M | $394.4M | ||
| Q3 24 | $564.1M | $397.9M | ||
| Q2 24 | $565.3M | $406.3M | ||
| Q1 24 | $498.1M | $413.7M |
| Q4 25 | $152.3M | $67.4M | ||
| Q3 25 | $141.8M | $60.0M | ||
| Q2 25 | $154.4M | $68.5M | ||
| Q1 25 | $138.8M | $72.7M | ||
| Q4 24 | $-1.2M | $57.9M | ||
| Q3 24 | $147.5M | $54.2M | ||
| Q2 24 | $137.4M | $61.4M | ||
| Q1 24 | $78.2M | — |
| Q4 25 | 67.7% | 44.3% | ||
| Q3 25 | 67.9% | 44.1% | ||
| Q2 25 | 67.8% | 44.8% | ||
| Q1 25 | 64.4% | 44.2% | ||
| Q4 24 | 67.8% | 44.3% | ||
| Q3 24 | 67.6% | 43.7% | ||
| Q2 24 | 67.6% | 45.3% | ||
| Q1 24 | 64.7% | 43.1% |
| Q4 25 | 32.9% | 22.3% | ||
| Q3 25 | 32.3% | 21.5% | ||
| Q2 25 | 34.1% | 23.2% | ||
| Q1 25 | 37.8% | 23.0% | ||
| Q4 24 | 6.3% | 21.7% | ||
| Q3 24 | 33.1% | 21.6% | ||
| Q2 24 | 32.6% | 24.0% | ||
| Q1 24 | 25.0% | 22.8% |
| Q4 25 | 25.6% | 14.6% | ||
| Q3 25 | 24.2% | 13.2% | ||
| Q2 25 | 26.6% | 15.7% | ||
| Q1 25 | 27.5% | 16.6% | ||
| Q4 24 | -0.2% | 14.7% | ||
| Q3 24 | 26.1% | 13.6% | ||
| Q2 24 | 24.3% | 15.1% | ||
| Q1 24 | 15.7% | — |
| Q4 25 | $1.50 | $2.13 | ||
| Q3 25 | $1.40 | $1.90 | ||
| Q2 25 | $1.52 | $2.17 | ||
| Q1 25 | $1.35 | $2.33 | ||
| Q4 24 | $-0.02 | $1.82 | ||
| Q3 24 | $1.44 | $1.65 | ||
| Q2 24 | $1.34 | $1.90 | ||
| Q1 24 | $0.76 | $1.92 |
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 | $64.8M | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $1.0B | $3.3B |
| 总资产 | $6.9B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
| Q4 25 | $64.8M | $107.6M | ||
| Q3 25 | $22.0M | $91.2M | ||
| Q2 25 | $55.7M | $132.9M | ||
| Q1 25 | $36.1M | $36.8M | ||
| Q4 24 | $49.5M | — | ||
| Q3 24 | $29.5M | — | ||
| Q2 24 | $77.9M | $76.8M | ||
| Q1 24 | $36.4M | $63.5M |
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.2B |
| Q4 25 | $1.0B | $3.3B | ||
| Q3 25 | $1.0B | $3.2B | ||
| Q2 25 | $906.9M | $3.1B | ||
| Q1 25 | $1.0B | $3.0B | ||
| Q4 24 | $1.0B | $2.9B | ||
| Q3 24 | $1.2B | $2.9B | ||
| Q2 24 | $1.2B | $2.8B | ||
| Q1 24 | $1.2B | $2.8B |
| Q4 25 | $6.9B | $5.1B | ||
| Q3 25 | $6.8B | $5.1B | ||
| Q2 25 | $6.7B | $4.8B | ||
| Q1 25 | $6.5B | $4.7B | ||
| Q4 24 | $6.6B | $4.7B | ||
| Q3 24 | $6.5B | $4.7B | ||
| Q2 24 | $6.6B | $4.7B | ||
| Q1 24 | $6.5B | $4.7B |
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.43× |
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 | $271.2M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $208.3M | $99.1M |
| 自由现金流率自由现金流/营收 | 35.0% | 21.5% |
| 资本支出强度资本支出/营收 | 10.5% | 5.0% |
| 现金转化率经营现金流/净利润 | 1.78× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $683.2M | — |
8季度趋势，按日历期对齐
| Q4 25 | $271.2M | $122.1M | ||
| Q3 25 | $235.7M | $88.4M | ||
| Q2 25 | $229.5M | $120.0M | ||
| Q1 25 | $127.7M | — | ||
| Q4 24 | $279.3M | $84.0M | ||
| Q3 24 | $227.4M | — | ||
| Q2 24 | $256.3M | $97.4M | ||
| Q1 24 | $110.6M | — |
| Q4 25 | $208.3M | $99.1M | ||
| Q3 25 | $185.8M | $71.7M | ||
| Q2 25 | $191.3M | $104.3M | ||
| Q1 25 | $97.9M | — | ||
| Q4 24 | $236.3M | $73.6M | ||
| Q3 24 | $197.3M | — | ||
| Q2 24 | $233.7M | $88.4M | ||
| Q1 24 | $81.1M | — |
| Q4 25 | 35.0% | 21.5% | ||
| Q3 25 | 31.7% | 15.7% | ||
| Q2 25 | 33.0% | 23.9% | ||
| Q1 25 | 19.4% | — | ||
| Q4 24 | 40.8% | 18.7% | ||
| Q3 24 | 35.0% | — | ||
| Q2 24 | 41.3% | 21.8% | ||
| Q1 24 | 16.3% | — |
| Q4 25 | 10.5% | 5.0% | ||
| Q3 25 | 8.5% | 3.7% | ||
| Q2 25 | 6.6% | 3.6% | ||
| Q1 25 | 5.9% | 3.2% | ||
| Q4 24 | 7.4% | 2.6% | ||
| Q3 24 | 5.3% | 4.1% | ||
| Q2 24 | 4.0% | 2.2% | ||
| Q1 24 | 5.9% | — |
| Q4 25 | 1.78× | 1.81× | ||
| Q3 25 | 1.66× | 1.47× | ||
| Q2 25 | 1.49× | 1.75× | ||
| Q1 25 | 0.92× | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | 1.54× | — | ||
| Q2 24 | 1.87× | 1.59× | ||
| Q1 24 | 1.41× | — |
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
LAMR
| Reportable Segment Aggregation Before Other Operating Segment | $531.9M | 89% |
| Transit Advertising | $42.0M | 7% |
| Logo Advertising | $22.1M | 4% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
