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劳瑞德教育集团（LAUR）与LINCOLN EDUCATIONAL SERVICES CORP（LINC）财务数据对比。点击上方公司名可切换其他公司
劳瑞德教育集团的季度营收约是LINCOLN EDUCATIONAL SERVICES CORP的3.8倍（$541.4M vs $142.9M）。劳瑞德教育集团净利率更高（31.7% vs 8.9%，领先22.8%）。劳瑞德教育集团同比增速更快（27.9% vs 19.7%）。劳瑞德教育集团自由现金流更多（$26.4M vs $25.0M）。过去两年劳瑞德教育集团的营收复合增速更高（40.2% vs 17.6%）
劳瑞德教育集团是总部位于美国佛罗里达州迈阿密的教育运营企业，旗下拥有并运营劳瑞德国际大学体系，在墨西哥、秘鲁设有多个校区，目前于纳斯达克证券交易所公开上市。
林肯技术教育集团是美国营利性高等职业教育机构，总部位于新泽西州帕西帕尼，在美国科罗拉多、康涅狄格、佐治亚等12个州都设有校区，所有校区均由林肯教育服务公司持有运营，主打面向就业的高等职业技术教育服务。
LAUR vs LINC — 直观对比
营收规模更大
LAUR
是对方的3.8倍
$142.9M
营收增速更快
LAUR
高出8.2%
19.7%
净利率更高
LAUR
高出22.8%
8.9%
自由现金流更多
LAUR
多$1.4M
$25.0M
两年增速更快
LAUR
近两年复合增速
17.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $541.4M | $142.9M |
| 净利润 | $171.6M | $12.7M |
| 毛利率 | 35.8% | 62.3% |
| 营业利润率 | 33.2% | 12.4% |
| 净利率 | 31.7% | 8.9% |
| 营收同比 | 27.9% | 19.7% |
| 净利润同比 | 83.2% | 85.9% |
| 每股收益（稀释后） | $1.14 | $0.41 |
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LAURLINC
| Q4 25 | $541.4M | $142.9M | ||
| Q3 25 | $400.2M | $141.4M | ||
| Q2 25 | $524.2M | $116.5M | ||
| Q1 25 | $236.2M | $117.5M | ||
| Q4 24 | $423.4M | $119.4M | ||
| Q3 24 | $368.6M | $114.4M | ||
| Q2 24 | $499.2M | $102.9M | ||
| Q1 24 | $275.4M | $103.4M |
净利润LAURLINC
| Q4 25 | $171.6M | $12.7M | ||
| Q3 25 | $34.5M | $3.8M | ||
| Q2 25 | $95.1M | $1.6M | ||
| Q1 25 | $-19.5M | $1.9M | ||
| Q4 24 | $93.6M | $6.8M | ||
| Q3 24 | $85.5M | $4.0M | ||
| Q2 24 | $128.1M | $-682.0K | ||
| Q1 24 | $-10.8M | $-214.0K |
毛利率LAURLINC
| Q4 25 | 35.8% | 62.3% | ||
| Q3 25 | 20.9% | 59.5% | ||
| Q2 25 | 39.5% | 59.8% | ||
| Q1 25 | -0.9% | 59.7% | ||
| Q4 24 | 32.0% | 62.2% | ||
| Q3 24 | 22.4% | 58.0% | ||
| Q2 24 | 36.1% | 55.7% | ||
| Q1 24 | 7.8% | 58.4% |
营业利润率LAURLINC
| Q4 25 | 33.2% | 12.4% | ||
| Q3 25 | 17.9% | 4.4% | ||
| Q2 25 | 36.9% | 2.5% | ||
| Q1 25 | -5.6% | 2.9% | ||
| Q4 24 | 29.3% | 9.2% | ||
| Q3 24 | 19.5% | 5.1% | ||
| Q2 24 | 33.4% | -1.1% | ||
| Q1 24 | 4.0% | -0.4% |
净利率LAURLINC
| Q4 25 | 31.7% | 8.9% | ||
| Q3 25 | 8.6% | 2.7% | ||
| Q2 25 | 18.1% | 1.3% | ||
| Q1 25 | -8.3% | 1.7% | ||
| Q4 24 | 22.1% | 5.7% | ||
| Q3 24 | 23.2% | 3.5% | ||
| Q2 24 | 25.7% | -0.7% | ||
| Q1 24 | -3.9% | -0.2% |
每股收益（稀释后）LAURLINC
| Q4 25 | $1.14 | $0.41 | ||
| Q3 25 | $0.23 | $0.12 | ||
| Q2 25 | $0.65 | $0.05 | ||
| Q1 25 | $-0.13 | $0.06 | ||
| Q4 24 | $0.60 | $0.22 | ||
| Q3 24 | $0.56 | $0.13 | ||
| Q2 24 | $0.83 | $-0.02 | ||
| Q1 24 | $-0.07 | $-0.01 |
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 | $146.7M | $28.5M |
| 总债务越低越好 | $73.1M | — |
| 股东权益账面价值 | $1.2B | $199.7M |
| 总资产 | $2.2B | $493.2M |
| 负债/权益比越低杠杆越低 | 0.06× | — |
8季度趋势，按日历期对齐
现金及短期投资LAURLINC
| Q4 25 | $146.7M | $28.5M | ||
| Q3 25 | $241.0M | $13.5M | ||
| Q2 25 | $135.3M | $16.7M | ||
| Q1 25 | $109.8M | $28.7M | ||
| Q4 24 | $91.3M | $59.3M | ||
| Q3 24 | $134.4M | $54.0M | ||
| Q2 24 | $128.8M | $67.0M | ||
| Q1 24 | $126.2M | $68.6M |
总债务LAURLINC
| Q4 25 | $73.1M | — | ||
| Q3 25 | $70.6M | — | ||
| Q2 25 | $78.1M | — | ||
| Q1 25 | $91.0M | — | ||
| Q4 24 | $59.0M | — | ||
| Q3 24 | $129.8M | — | ||
| Q2 24 | $203.0M | — | ||
| Q1 24 | $176.6M | — |
股东权益LAURLINC
| Q4 25 | $1.2B | $199.7M | ||
| Q3 25 | $1.1B | $185.9M | ||
| Q2 25 | $1.1B | $180.7M | ||
| Q1 25 | $908.5M | $177.8M | ||
| Q4 24 | $959.5M | $178.3M | ||
| Q3 24 | $897.7M | $170.0M | ||
| Q2 24 | $918.0M | $164.9M | ||
| Q1 24 | $933.6M | $164.5M |
总资产LAURLINC
| Q4 25 | $2.2B | $493.2M | ||
| Q3 25 | $2.1B | $466.9M | ||
| Q2 25 | $2.0B | $447.3M | ||
| Q1 25 | $1.9B | $427.4M | ||
| Q4 24 | $1.9B | $436.6M | ||
| Q3 24 | $1.9B | $404.0M | ||
| Q2 24 | $2.1B | $366.4M | ||
| Q1 24 | $2.2B | $355.2M |
负债/权益比LAURLINC
| Q4 25 | 0.06× | — | ||
| Q3 25 | 0.06× | — | ||
| Q2 25 | 0.07× | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | 0.06× | — | ||
| Q3 24 | 0.14× | — | ||
| Q2 24 | 0.22× | — | ||
| Q1 24 | 0.19× | — |
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 | $93.4M | $43.5M |
| 自由现金流经营现金流 - 资本支出 | $26.4M | $25.0M |
| 自由现金流率自由现金流/营收 | 4.9% | 17.5% |
| 资本支出强度资本支出/营收 | 12.4% | 13.0% |
| 现金转化率经营现金流/净利润 | 0.54× | 3.43× |
| 过去12个月自由现金流最近4个季度 | $263.1M | $-27.3M |
8季度趋势，按日历期对齐
经营现金流LAURLINC
| Q4 25 | $93.4M | $43.5M | ||
| Q3 25 | $141.0M | $23.9M | ||
| Q2 25 | $74.1M | $299.0K | ||
| Q1 25 | $57.8M | $-8.4M | ||
| Q4 24 | $40.7M | $30.3M | ||
| Q3 24 | $118.7M | $5.6M | ||
| Q2 24 | $40.2M | $8.3M | ||
| Q1 24 | $33.2M | $-14.9M |
自由现金流LAURLINC
| Q4 25 | $26.4M | $25.0M | ||
| Q3 25 | $122.8M | $2.0M | ||
| Q2 25 | $60.8M | $-26.1M | ||
| Q1 25 | $53.2M | $-28.3M | ||
| Q4 24 | $3.4M | $5.5M | ||
| Q3 24 | $110.7M | $-13.8M | ||
| Q2 24 | $29.5M | $-2.7M | ||
| Q1 24 | $17.3M | $-16.6M |
自由现金流率LAURLINC
| Q4 25 | 4.9% | 17.5% | ||
| Q3 25 | 30.7% | 1.4% | ||
| Q2 25 | 11.6% | -22.4% | ||
| Q1 25 | 22.5% | -24.1% | ||
| Q4 24 | 0.8% | 4.6% | ||
| Q3 24 | 30.0% | -12.0% | ||
| Q2 24 | 5.9% | -2.6% | ||
| Q1 24 | 6.3% | -16.1% |
资本支出强度LAURLINC
| Q4 25 | 12.4% | 13.0% | ||
| Q3 25 | 4.5% | 15.5% | ||
| Q2 25 | 2.5% | 22.7% | ||
| Q1 25 | 2.0% | 16.9% | ||
| Q4 24 | 8.8% | 20.8% | ||
| Q3 24 | 2.2% | 16.9% | ||
| Q2 24 | 2.1% | 10.7% | ||
| Q1 24 | 5.8% | 1.6% |
现金转化率LAURLINC
| Q4 25 | 0.54× | 3.43× | ||
| Q3 25 | 4.09× | 6.29× | ||
| Q2 25 | 0.78× | 0.19× | ||
| Q1 25 | — | -4.31× | ||
| Q4 24 | 0.43× | 4.43× | ||
| Q3 24 | 1.39× | 1.42× | ||
| Q2 24 | 0.31× | — | ||
| Q1 24 | — | — |
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
LAUR
| Mexico Segment | $275.9M | 51% |
| Peru Segment | $265.5M | 49% |
LINC
| Transferred Over Time | $136.0M | 95% |
| Transferred At Point In Time | $6.9M | 5% |
