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劳瑞德教育集团（LAUR）与世纪互联（VNET）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世纪互联的1.5倍（$541.4M vs $362.7M），劳瑞德教育集团净利率更高（31.7% vs -10.7%，领先42.4%），劳瑞德教育集团自由现金流更多（$26.4M vs $-193.1M），过去两年劳瑞德教育集团的营收复合增速更高（40.2% vs 17.4%）
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。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
LAUR vs VNET — 直观对比
营收规模更大
LAUR
是对方的1.5倍
$362.7M
净利率更高
LAUR
高出42.4%
-10.7%
自由现金流更多
LAUR
多$219.5M
$-193.1M
两年增速更快
LAUR
近两年复合增速
17.4%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $541.4M | $362.7M |
| 净利润 | $171.6M | $-38.7M |
| 毛利率 | 35.8% | 20.9% |
| 营业利润率 | 33.2% | 0.5% |
| 净利率 | 31.7% | -10.7% |
| 营收同比 | 27.9% | — |
| 净利润同比 | 83.2% | — |
| 每股收益（稀释后） | $1.14 | — |
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LAURVNET
| Q4 25 | $541.4M | — | ||
| Q3 25 | $400.2M | $362.7M | ||
| Q2 25 | $524.2M | — | ||
| Q1 25 | $236.2M | $309.5M | ||
| Q4 24 | $423.4M | — | ||
| Q3 24 | $368.6M | $302.2M | ||
| Q2 24 | $499.2M | $274.4M | ||
| Q1 24 | $275.4M | $262.9M |
净利润LAURVNET
| Q4 25 | $171.6M | — | ||
| Q3 25 | $34.5M | $-38.7M | ||
| Q2 25 | $95.1M | — | ||
| Q1 25 | $-19.5M | $-2.4M | ||
| Q4 24 | $93.6M | — | ||
| Q3 24 | $85.5M | $-2.1M | ||
| Q2 24 | $128.1M | $-1.1M | ||
| Q1 24 | $-10.8M | $-22.0M |
毛利率LAURVNET
| Q4 25 | 35.8% | — | ||
| Q3 25 | 20.9% | 20.9% | ||
| Q2 25 | 39.5% | — | ||
| Q1 25 | -0.9% | 25.2% | ||
| Q4 24 | 32.0% | — | ||
| Q3 24 | 22.4% | 23.2% | ||
| Q2 24 | 36.1% | 21.3% | ||
| Q1 24 | 7.8% | 21.6% |
营业利润率LAURVNET
| Q4 25 | 33.2% | — | ||
| Q3 25 | 17.9% | 0.5% | ||
| Q2 25 | 36.9% | — | ||
| Q1 25 | -5.6% | 0.1% | ||
| Q4 24 | 29.3% | — | ||
| Q3 24 | 19.5% | 24.5% | ||
| Q2 24 | 33.4% | 0.2% | ||
| Q1 24 | 4.0% | 0.2% |
净利率LAURVNET
| Q4 25 | 31.7% | — | ||
| Q3 25 | 8.6% | -10.7% | ||
| Q2 25 | 18.1% | — | ||
| Q1 25 | -8.3% | -0.8% | ||
| Q4 24 | 22.1% | — | ||
| Q3 24 | 23.2% | -0.7% | ||
| Q2 24 | 25.7% | -0.4% | ||
| Q1 24 | -3.9% | -8.4% |
每股收益（稀释后）LAURVNET
| Q4 25 | $1.14 | — | ||
| Q3 25 | $0.23 | — | ||
| Q2 25 | $0.65 | — | ||
| Q1 25 | $-0.13 | — | ||
| Q4 24 | $0.60 | — | ||
| Q3 24 | $0.56 | — | ||
| Q2 24 | $0.83 | — | ||
| Q1 24 | $-0.07 | — |
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 | $492.1M |
| 总债务越低越好 | $73.1M | — |
| 股东权益账面价值 | $1.2B | $890.8M |
| 总资产 | $2.2B | $6.1B |
| 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LAURVNET
| Q4 25 | $146.7M | — | ||
| Q3 25 | $241.0M | $492.1M | ||
| Q2 25 | $135.3M | — | ||
| Q1 25 | $109.8M | $544.3M | ||
| Q4 24 | $91.3M | — | ||
| Q3 24 | $134.4M | $219.5M | ||
| Q2 24 | $128.8M | $247.2M | ||
| Q1 24 | $126.2M | $246.9M |
总债务LAURVNET
| Q4 25 | $73.1M | — | ||
| Q3 25 | $70.6M | — | ||
| Q2 25 | $78.1M | — | ||
| Q1 25 | $91.0M | — | ||
| Q4 24 | $59.0M | — | ||
| Q3 24 | $129.8M | $1.2B | ||
| Q2 24 | $203.0M | — | ||
| Q1 24 | $176.6M | — |
股东权益LAURVNET
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.1B | $890.8M | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $908.5M | $927.8M | ||
| Q4 24 | $959.5M | — | ||
| Q3 24 | $897.7M | $902.9M | ||
| Q2 24 | $918.0M | $900.6M | ||
| Q1 24 | $933.6M | $895.1M |
总资产LAURVNET
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.1B | $6.1B | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $1.9B | $5.4B | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.9B | $4.3B | ||
| Q2 24 | $2.1B | $4.0B | ||
| Q1 24 | $2.2B | $3.9B |
负债/权益比LAURVNET
| Q4 25 | 0.06× | — | ||
| Q3 25 | 0.06× | — | ||
| Q2 25 | 0.07× | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | 0.06× | — | ||
| Q3 24 | 0.14× | 1.28× | ||
| 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 | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $26.4M | $-193.1M |
| 自由现金流率自由现金流/营收 | 4.9% | -53.2% |
| 资本支出强度资本支出/营收 | 12.4% | 84.6% |
| 现金转化率经营现金流/净利润 | 0.54× | — |
| 过去12个月自由现金流最近4个季度 | $263.1M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流LAURVNET
| Q4 25 | $93.4M | — | ||
| Q3 25 | $141.0M | $113.8M | ||
| Q2 25 | $74.1M | — | ||
| Q1 25 | $57.8M | $27.0M | ||
| Q4 24 | $40.7M | — | ||
| Q3 24 | $118.7M | $108.3M | ||
| Q2 24 | $40.2M | $55.8M | ||
| Q1 24 | $33.2M | $37.1M |
自由现金流LAURVNET
| Q4 25 | $26.4M | — | ||
| Q3 25 | $122.8M | $-193.1M | ||
| Q2 25 | $60.8M | — | ||
| Q1 25 | $53.2M | $-220.0M | ||
| Q4 24 | $3.4M | — | ||
| Q3 24 | $110.7M | $-95.0M | ||
| Q2 24 | $29.5M | $-81.6M | ||
| Q1 24 | $17.3M | $-102.2M |
自由现金流率LAURVNET
| Q4 25 | 4.9% | — | ||
| Q3 25 | 30.7% | -53.2% | ||
| Q2 25 | 11.6% | — | ||
| Q1 25 | 22.5% | -71.1% | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 30.0% | -31.4% | ||
| Q2 24 | 5.9% | -29.8% | ||
| Q1 24 | 6.3% | -38.9% |
资本支出强度LAURVNET
| Q4 25 | 12.4% | — | ||
| Q3 25 | 4.5% | 84.6% | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 2.0% | 79.8% | ||
| Q4 24 | 8.8% | — | ||
| Q3 24 | 2.2% | 67.3% | ||
| Q2 24 | 2.1% | 50.1% | ||
| Q1 24 | 5.8% | 53.0% |
现金转化率LAURVNET
| Q4 25 | 0.54× | — | ||
| Q3 25 | 4.09× | — | ||
| Q2 25 | 0.78× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.39× | — | ||
| 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% |
VNET
暂无分部数据
