vs
LandBridge Co LLC（LB）与null（SWIM）财务数据对比。点击上方公司名可切换其他公司
null的季度营收约是LandBridge Co LLC的1.8倍（$100.0M vs $56.8M），LandBridge Co LLC净利率更高（14.2% vs -7.0%，领先21.2%），LandBridge Co LLC同比增速更快（55.6% vs 14.5%），LandBridge Co LLC自由现金流更多（$122.0M vs $14.1M），过去两年LandBridge Co LLC的营收复合增速更高（72.8% vs -4.9%）
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
LB vs SWIM — 直观对比
营收规模更大
SWIM
是对方的1.8倍
$56.8M
营收增速更快
LB
高出41.0%
14.5%
净利率更高
LB
高出21.2%
-7.0%
自由现金流更多
LB
多$108.0M
$14.1M
两年增速更快
LB
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $56.8M | $100.0M |
| 净利润 | $8.1M | $-7.0M |
| 毛利率 | — | 28.0% |
| 营业利润率 | 60.0% | -10.7% |
| 净利率 | 14.2% | -7.0% |
| 营收同比 | 55.6% | 14.5% |
| 净利润同比 | -83.7% | 76.0% |
| 每股收益（稀释后） | $0.24 | $-0.06 |
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LBSWIM
| Q4 25 | $56.8M | $100.0M | ||
| Q3 25 | $50.8M | $161.9M | ||
| Q2 25 | $47.5M | $172.6M | ||
| Q1 25 | $44.0M | $111.4M | ||
| Q4 24 | $36.5M | $87.3M | ||
| Q3 24 | $28.5M | $150.5M | ||
| Q2 24 | $26.0M | $160.1M | ||
| Q1 24 | $19.0M | $110.6M |
净利润LBSWIM
| Q4 25 | $8.1M | $-7.0M | ||
| Q3 25 | $8.1M | $8.1M | ||
| Q2 25 | $7.5M | $16.0M | ||
| Q1 25 | $6.5M | $-6.0M | ||
| Q4 24 | $49.3M | $-29.2M | ||
| Q3 24 | $2.7M | $5.9M | ||
| Q2 24 | $-57.7M | $13.3M | ||
| Q1 24 | $10.8M | $-7.9M |
毛利率LBSWIM
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 33.1% | ||
| Q1 24 | — | 27.7% |
营业利润率LBSWIM
| Q4 25 | 60.0% | -10.7% | ||
| Q3 25 | 60.8% | 13.3% | ||
| Q2 25 | 60.0% | 14.3% | ||
| Q1 25 | 57.0% | -4.4% | ||
| Q4 24 | 49.4% | -14.9% | ||
| Q3 24 | 11.2% | 8.9% | ||
| Q2 24 | -197.4% | 12.5% | ||
| Q1 24 | 71.1% | -1.9% |
净利率LBSWIM
| Q4 25 | 14.2% | -7.0% | ||
| Q3 25 | 15.9% | 5.0% | ||
| Q2 25 | 15.8% | 9.3% | ||
| Q1 25 | 14.7% | -5.4% | ||
| Q4 24 | 135.2% | -33.4% | ||
| Q3 24 | 9.3% | 3.9% | ||
| Q2 24 | -222.1% | 8.3% | ||
| Q1 24 | 56.7% | -7.1% |
每股收益（稀释后）LBSWIM
| Q4 25 | $0.24 | $-0.06 | ||
| Q3 25 | $0.26 | $0.07 | ||
| Q2 25 | $0.24 | $0.13 | ||
| Q1 25 | $0.20 | $-0.05 | ||
| Q4 24 | — | $-0.24 | ||
| Q3 24 | $-0.04 | $0.05 | ||
| Q2 24 | — | $0.11 | ||
| 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 | $30.7M | — |
| 总债务越低越好 | $570.7M | $279.8M |
| 股东权益账面价值 | $340.3M | $405.9M |
| 总资产 | $1.4B | $823.2M |
| 负债/权益比越低杠杆越低 | 1.68× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资LBSWIM
| Q4 25 | $30.7M | — | ||
| Q3 25 | $28.3M | — | ||
| Q2 25 | $20.3M | — | ||
| Q1 25 | $14.9M | — | ||
| Q4 24 | $37.0M | — | ||
| Q3 24 | $14.4M | — | ||
| Q2 24 | $24.6M | — | ||
| Q1 24 | — | — |
总债务LBSWIM
| Q4 25 | $570.7M | $279.8M | ||
| Q3 25 | $366.1M | $281.1M | ||
| Q2 25 | $370.9M | $281.5M | ||
| Q1 25 | $375.5M | $306.9M | ||
| Q4 24 | $385.5M | $281.5M | ||
| Q3 24 | $242.4M | $282.8M | ||
| Q2 24 | $360.8M | $282.4M | ||
| Q1 24 | — | $282.8M |
股东权益LBSWIM
| Q4 25 | $340.3M | $405.9M | ||
| Q3 25 | $272.0M | $408.4M | ||
| Q2 25 | $266.4M | $398.4M | ||
| Q1 25 | $217.0M | $381.1M | ||
| Q4 24 | $211.8M | $387.2M | ||
| Q3 24 | $97.2M | $416.6M | ||
| Q2 24 | $296.4M | $408.1M | ||
| Q1 24 | $162.3M | $391.8M |
总资产LBSWIM
| Q4 25 | $1.4B | $823.2M | ||
| Q3 25 | $1.1B | $844.4M | ||
| Q2 25 | $1.1B | $822.1M | ||
| Q1 25 | $1.0B | $824.6M | ||
| Q4 24 | $1.0B | $794.2M | ||
| Q3 24 | $689.9M | $853.4M | ||
| Q2 24 | $710.5M | $830.0M | ||
| Q1 24 | — | $808.6M |
负债/权益比LBSWIM
| Q4 25 | 1.68× | 0.69× | ||
| Q3 25 | 1.35× | 0.69× | ||
| Q2 25 | 1.39× | 0.71× | ||
| Q1 25 | 1.73× | 0.81× | ||
| Q4 24 | 1.82× | 0.73× | ||
| Q3 24 | 2.49× | 0.68× | ||
| Q2 24 | 1.22× | 0.69× | ||
| Q1 24 | — | 0.72× |
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 | $126.3M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $122.0M | $14.1M |
| 自由现金流率自由现金流/营收 | 214.9% | 14.1% |
| 资本支出强度资本支出/营收 | 7.5% | 9.2% |
| 现金转化率经营现金流/净利润 | 15.68× | — |
| 过去12个月自由现金流最近4个季度 | $207.7M | $38.0M |
8季度趋势，按日历期对齐
经营现金流LBSWIM
| Q4 25 | $126.3M | $23.3M | ||
| Q3 25 | $34.9M | $51.0M | ||
| Q2 25 | $37.3M | $36.0M | ||
| Q1 25 | $15.9M | $-46.9M | ||
| Q4 24 | $67.6M | $6.2M | ||
| Q3 24 | $7.5M | $37.2M | ||
| Q2 24 | $16.0M | $52.4M | ||
| Q1 24 | $17.2M | $-34.5M |
自由现金流LBSWIM
| Q4 25 | $122.0M | $14.1M | ||
| Q3 25 | $33.7M | $45.2M | ||
| Q2 25 | $36.1M | $29.1M | ||
| Q1 25 | $15.8M | $-50.3M | ||
| Q4 24 | $66.7M | $-98.0K | ||
| Q3 24 | $7.1M | $33.2M | ||
| Q2 24 | $15.7M | $47.9M | ||
| Q1 24 | $17.1M | $-39.9M |
自由现金流率LBSWIM
| Q4 25 | 214.9% | 14.1% | ||
| Q3 25 | 66.3% | 27.9% | ||
| Q2 25 | 75.9% | 16.8% | ||
| Q1 25 | 36.0% | -45.2% | ||
| Q4 24 | 182.6% | -0.1% | ||
| Q3 24 | 25.1% | 22.1% | ||
| Q2 24 | 60.4% | 29.9% | ||
| Q1 24 | 90.1% | -36.0% |
资本支出强度LBSWIM
| Q4 25 | 7.5% | 9.2% | ||
| Q3 25 | 2.3% | 3.6% | ||
| Q2 25 | 2.6% | 4.0% | ||
| Q1 25 | 0.2% | 3.1% | ||
| Q4 24 | 2.7% | 7.2% | ||
| Q3 24 | 1.1% | 2.7% | ||
| Q2 24 | 1.4% | 2.8% | ||
| Q1 24 | 0.5% | 4.8% |
现金转化率LBSWIM
| Q4 25 | 15.68× | — | ||
| Q3 25 | 4.31× | 6.29× | ||
| Q2 25 | 4.98× | 2.25× | ||
| Q1 25 | 2.46× | — | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 2.80× | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | 1.60× | — |
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
LB
暂无分部数据
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
