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Lucid Group, Inc.（LCID）与OPPENHEIMER HOLDINGS INC（OPY）财务数据对比。点击上方公司名可切换其他公司
Lucid Group, Inc.的季度营收约是OPPENHEIMER HOLDINGS INC的1.1倍（$522.7M vs $472.6M），OPPENHEIMER HOLDINGS INC净利率更高（15.7% vs -155.7%，领先171.5%），Lucid Group, Inc.同比增速更快（122.9% vs 25.9%），OPPENHEIMER HOLDINGS INC自由现金流更多（$183.6M vs $-1.2B），过去两年Lucid Group, Inc.的营收复合增速更高（74.0% vs 15.7%）
Lucid Group, Inc.是总部位于美国加利福尼亚州纽瓦克的汽车科技企业，专注于电动汽车制造及先进电动汽车动力系统供应。2021年9月，公司在亚利桑那州卡萨格兰德的工厂开始生产Lucid Air豪华轿车，第二款车型Lucid Gravity SUV于2024年12月投产，同时也为阿斯顿·马丁等其他车企供应和研发动力总成技术。
奥本海默控股是一家美国跨国独立投资银行与金融服务企业，面向全球客户提供投资银行、财务咨询、资本市场、资产管理及财富管理等相关产品与服务，目前总部设于纽约市宽街85号。
LCID vs OPY — 直观对比
营收规模更大
LCID
是对方的1.1倍
$472.6M
营收增速更快
LCID
高出97.0%
25.9%
净利率更高
OPY
高出171.5%
-155.7%
自由现金流更多
OPY
多$1.4B
$-1.2B
两年增速更快
LCID
近两年复合增速
15.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $522.7M | $472.6M |
| 净利润 | $-814.0M | $74.4M |
| 毛利率 | -80.7% | — |
| 营业利润率 | -203.7% | 22.4% |
| 净利率 | -155.7% | 15.7% |
| 营收同比 | 122.9% | 25.9% |
| 净利润同比 | -104.9% | 593.1% |
| 每股收益（稀释后） | $-8.26 | $6.51 |
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LCIDOPY
| Q4 25 | $522.7M | $472.6M | ||
| Q3 25 | $336.6M | $424.4M | ||
| Q2 25 | $259.4M | $373.2M | ||
| Q1 25 | $235.0M | $367.8M | ||
| Q4 24 | $234.5M | $375.4M | ||
| Q3 24 | $200.0M | $373.4M | ||
| Q2 24 | $200.6M | $330.6M | ||
| Q1 24 | $172.7M | $353.1M |
净利润LCIDOPY
| Q4 25 | $-814.0M | $74.4M | ||
| Q3 25 | $-978.4M | $21.7M | ||
| Q2 25 | $-539.4M | $21.7M | ||
| Q1 25 | $-366.2M | $30.7M | ||
| Q4 24 | $-397.2M | $10.7M | ||
| Q3 24 | $-992.5M | $24.5M | ||
| Q2 24 | $-643.4M | $10.3M | ||
| Q1 24 | $-680.9M | $26.1M |
毛利率LCIDOPY
| Q4 25 | -80.7% | — | ||
| Q3 25 | -99.1% | — | ||
| Q2 25 | -105.0% | — | ||
| Q1 25 | -97.2% | — | ||
| Q4 24 | -89.0% | — | ||
| Q3 24 | -106.2% | — | ||
| Q2 24 | -134.5% | — | ||
| Q1 24 | -134.3% | — |
营业利润率LCIDOPY
| Q4 25 | -203.7% | 22.4% | ||
| Q3 25 | -279.9% | 7.5% | ||
| Q2 25 | -309.5% | 8.6% | ||
| Q1 25 | -294.4% | 11.2% | ||
| Q4 24 | -312.6% | 4.5% | ||
| Q3 24 | -385.2% | 9.5% | ||
| Q2 24 | -392.6% | 4.8% | ||
| Q1 24 | -422.6% | 10.6% |
净利率LCIDOPY
| Q4 25 | -155.7% | 15.7% | ||
| Q3 25 | -290.7% | 5.1% | ||
| Q2 25 | -207.9% | 5.8% | ||
| Q1 25 | -155.8% | 8.3% | ||
| Q4 24 | -169.4% | 2.9% | ||
| Q3 24 | -496.1% | 6.6% | ||
| Q2 24 | -320.8% | 3.1% | ||
| Q1 24 | -394.2% | 7.4% |
每股收益（稀释后）LCIDOPY
| Q4 25 | $-8.26 | $6.51 | ||
| Q3 25 | $-3.31 | $1.90 | ||
| Q2 25 | $-0.28 | $1.91 | ||
| Q1 25 | $-0.24 | $2.72 | ||
| Q4 24 | $-0.20 | $0.92 | ||
| Q3 24 | $-0.41 | $2.16 | ||
| Q2 24 | $-0.34 | $0.92 | ||
| Q1 24 | $-0.30 | $2.37 |
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 | $1.6B | $38.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $717.3M | $983.8M |
| 总资产 | $8.4B | $3.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LCIDOPY
| Q4 25 | $1.6B | $38.4M | ||
| Q3 25 | $2.3B | $38.3M | ||
| Q2 25 | $2.8B | $37.6M | ||
| Q1 25 | $3.6B | $36.7M | ||
| Q4 24 | $4.0B | $33.1M | ||
| Q3 24 | $3.5B | $32.2M | ||
| Q2 24 | $3.2B | $33.2M | ||
| Q1 24 | $4.0B | $27.7M |
总债务LCIDOPY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $112.8M | ||
| Q2 24 | — | $112.8M | ||
| Q1 24 | — | $112.7M |
股东权益LCIDOPY
| Q4 25 | $717.3M | $983.8M | ||
| Q3 25 | $1.8B | $920.3M | ||
| Q2 25 | $2.4B | $896.9M | ||
| Q1 25 | $3.2B | $872.3M | ||
| Q4 24 | $3.9B | $850.4M | ||
| Q3 24 | $2.7B | $837.8M | ||
| Q2 24 | $3.5B | $812.1M | ||
| Q1 24 | $4.2B | $801.5M |
总资产LCIDOPY
| Q4 25 | $8.4B | $3.7B | ||
| Q3 25 | $8.8B | $3.8B | ||
| Q2 25 | $8.9B | $3.7B | ||
| Q1 25 | $9.2B | $3.6B | ||
| Q4 24 | $9.6B | $3.4B | ||
| Q3 24 | $8.5B | $3.4B | ||
| Q2 24 | $8.2B | $3.3B | ||
| Q1 24 | $8.9B | $3.3B |
负债/权益比LCIDOPY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.14× |
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 | $-916.4M | $188.8M |
| 自由现金流经营现金流 - 资本支出 | $-1.2B | $183.6M |
| 自由现金流率自由现金流/营收 | -237.6% | 38.8% |
| 资本支出强度资本支出/营收 | 62.3% | 1.1% |
| 现金转化率经营现金流/净利润 | — | 2.54× |
| 过去12个月自由现金流最近4个季度 | $-3.8B | $191.3M |
8季度趋势，按日历期对齐
经营现金流LCIDOPY
| Q4 25 | $-916.4M | $188.8M | ||
| Q3 25 | $-756.6M | $63.4M | ||
| Q2 25 | $-830.2M | $40.1M | ||
| Q1 25 | $-428.6M | $-91.7M | ||
| Q4 24 | $-533.1M | $-108.2M | ||
| Q3 24 | $-462.8M | $11.4M | ||
| Q2 24 | $-507.0M | $-115.3M | ||
| Q1 24 | $-516.7M | $-79.0M |
自由现金流LCIDOPY
| Q4 25 | $-1.2B | $183.6M | ||
| Q3 25 | $-955.5M | $62.2M | ||
| Q2 25 | $-1.0B | $38.9M | ||
| Q1 25 | $-589.9M | $-93.4M | ||
| Q4 24 | $-824.8M | $-113.3M | ||
| Q3 24 | $-622.5M | $11.2M | ||
| Q2 24 | $-741.3M | $-116.7M | ||
| Q1 24 | $-714.9M | $-79.3M |
自由现金流率LCIDOPY
| Q4 25 | -237.6% | 38.8% | ||
| Q3 25 | -283.9% | 14.7% | ||
| Q2 25 | -390.4% | 10.4% | ||
| Q1 25 | -251.0% | -25.4% | ||
| Q4 24 | -351.8% | -30.2% | ||
| Q3 24 | -311.2% | 3.0% | ||
| Q2 24 | -369.6% | -35.3% | ||
| Q1 24 | -413.9% | -22.5% |
资本支出强度LCIDOPY
| Q4 25 | 62.3% | 1.1% | ||
| Q3 25 | 59.1% | 0.3% | ||
| Q2 25 | 70.4% | 0.3% | ||
| Q1 25 | 68.6% | 0.5% | ||
| Q4 24 | 124.4% | 1.4% | ||
| Q3 24 | 79.8% | 0.1% | ||
| Q2 24 | 116.8% | 0.4% | ||
| Q1 24 | 114.7% | 0.1% |
现金转化率LCIDOPY
| Q4 25 | — | 2.54× | ||
| Q3 25 | — | 2.92× | ||
| Q2 25 | — | 1.85× | ||
| Q1 25 | — | -2.99× | ||
| Q4 24 | — | -10.08× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | -11.23× | ||
| Q1 24 | — | -3.03× |
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
LCID
| LCNRV | $287.2M | 55% |
| Other | $80.4M | 15% |
| Related Party | $74.4M | 14% |
| Regulatory Credits | $34.2M | 7% |
| Warranty Provision | $26.2M | 5% |
| Sale And Leaseback Transactions | $15.2M | 3% |
| Other International | $5.0M | 1% |
OPY
| Advisory Fees | $166.6M | 35% |
| Capital Markets Segment | $155.5M | 33% |
| Other | $57.2M | 12% |
| Commissions From Sales And Trading | $52.9M | 11% |
| Bank Deposit Sweep Income | $27.7M | 6% |
| Mutual Fund Income | $8.9M | 2% |
| Investment Banking Capital Markets | $3.3M | 1% |
