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Lucid Group, Inc.（LCID）与豪士科（OSK）财务数据对比。点击上方公司名可切换其他公司
豪士科的季度营收约是Lucid Group, Inc.的5.1倍（$2.7B vs $522.7M）。豪士科净利率更高（5.0% vs -155.7%，领先160.7%）。Lucid Group, Inc.同比增速更快（122.9% vs 3.5%）。豪士科自由现金流更多（$540.3M vs $-1.2B）。过去两年Lucid Group, Inc.的营收复合增速更高（74.0% vs 2.8%）
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。
豪士科（原称豪士科卡车）是美国知名工业企业，主营特种卡车、军用车辆、机场消防设备、高空作业设备等产品的设计与制造。旗下拥有威斯康星州的消防车制造商Pierce Manufacturing，以及生产各类升降作业设备的JLG工业公司。
LCID vs OSK — 直观对比
营收规模更大
OSK
是对方的5.1倍
$522.7M
营收增速更快
LCID
高出119.4%
3.5%
净利率更高
OSK
高出160.7%
-155.7%
自由现金流更多
OSK
多$1.8B
$-1.2B
两年增速更快
LCID
近两年复合增速
2.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $522.7M | $2.7B |
| 净利润 | $-814.0M | $133.8M |
| 毛利率 | -80.7% | 15.8% |
| 营业利润率 | -203.7% | 7.9% |
| 净利率 | -155.7% | 5.0% |
| 营收同比 | 122.9% | 3.5% |
| 净利润同比 | -104.9% | -12.6% |
| 每股收益（稀释后） | $-8.26 | — |
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LCIDOSK
| Q4 25 | $522.7M | $2.7B | ||
| Q3 25 | $336.6M | $2.7B | ||
| Q2 25 | $259.4M | $2.7B | ||
| Q1 25 | $235.0M | $2.3B | ||
| Q4 24 | $234.5M | $2.6B | ||
| Q3 24 | $200.0M | $2.7B | ||
| Q2 24 | $200.6M | $2.8B | ||
| Q1 24 | $172.7M | $2.5B |
净利润LCIDOSK
| Q4 25 | $-814.0M | $133.8M | ||
| Q3 25 | $-978.4M | $196.2M | ||
| Q2 25 | $-539.4M | $204.8M | ||
| Q1 25 | $-366.2M | $112.2M | ||
| Q4 24 | $-397.2M | $153.1M | ||
| Q3 24 | $-992.5M | $180.3M | ||
| Q2 24 | $-643.4M | $168.6M | ||
| Q1 24 | $-680.9M | $179.4M |
毛利率LCIDOSK
| Q4 25 | -80.7% | 15.8% | ||
| Q3 25 | -99.1% | 17.5% | ||
| Q2 25 | -105.0% | 19.2% | ||
| Q1 25 | -97.2% | 17.3% | ||
| Q4 24 | -89.0% | 17.2% | ||
| Q3 24 | -106.2% | 18.5% | ||
| Q2 24 | -134.5% | 19.2% | ||
| Q1 24 | -134.3% | 18.5% |
营业利润率LCIDOSK
| Q4 25 | -203.7% | 7.9% | ||
| Q3 25 | -279.9% | 9.7% | ||
| Q2 25 | -309.5% | 10.7% | ||
| Q1 25 | -294.4% | 7.6% | ||
| Q4 24 | -312.6% | 8.6% | ||
| Q3 24 | -385.2% | 9.7% | ||
| Q2 24 | -392.6% | 9.2% | ||
| Q1 24 | -422.6% | 10.2% |
净利率LCIDOSK
| Q4 25 | -155.7% | 5.0% | ||
| Q3 25 | -290.7% | 7.3% | ||
| Q2 25 | -207.9% | 7.5% | ||
| Q1 25 | -155.8% | 4.9% | ||
| Q4 24 | -169.4% | 5.9% | ||
| Q3 24 | -496.1% | 6.6% | ||
| Q2 24 | -320.8% | 5.9% | ||
| Q1 24 | -394.2% | 7.1% |
每股收益（稀释后）LCIDOSK
| Q4 25 | $-8.26 | — | ||
| Q3 25 | $-3.31 | — | ||
| Q2 25 | $-0.28 | — | ||
| Q1 25 | $-0.24 | — | ||
| Q4 24 | $-0.20 | — | ||
| Q3 24 | $-0.41 | — | ||
| Q2 24 | $-0.34 | — | ||
| Q1 24 | $-0.30 | — |
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 | $479.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $717.3M | $4.5B |
| 总资产 | $8.4B | $10.1B |
| 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LCIDOSK
| Q4 25 | $1.6B | $479.8M | ||
| Q3 25 | $2.3B | $211.8M | ||
| Q2 25 | $2.8B | $191.7M | ||
| Q1 25 | $3.6B | $210.3M | ||
| Q4 24 | $4.0B | $204.9M | ||
| Q3 24 | $3.5B | $160.9M | ||
| Q2 24 | $3.2B | $141.4M | ||
| Q1 24 | $4.0B | $69.9M |
总债务LCIDOSK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $602.3M | ||
| Q2 24 | — | $599.1M | ||
| Q1 24 | — | $598.9M |
股东权益LCIDOSK
| Q4 25 | $717.3M | $4.5B | ||
| Q3 25 | $1.8B | $4.5B | ||
| Q2 25 | $2.4B | $4.5B | ||
| Q1 25 | $3.2B | $4.2B | ||
| Q4 24 | $3.9B | $4.2B | ||
| Q3 24 | $2.7B | $4.1B | ||
| Q2 24 | $3.5B | $3.9B | ||
| Q1 24 | $4.2B | $3.8B |
总资产LCIDOSK
| Q4 25 | $8.4B | $10.1B | ||
| Q3 25 | $8.8B | $9.8B | ||
| Q2 25 | $8.9B | $10.0B | ||
| Q1 25 | $9.2B | $9.8B | ||
| Q4 24 | $9.6B | $9.4B | ||
| Q3 24 | $8.5B | $9.9B | ||
| Q2 24 | $8.2B | $9.7B | ||
| Q1 24 | $8.9B | $9.5B |
负债/权益比LCIDOSK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.15× | ||
| Q1 24 | — | 0.16× |
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 | $600.1M |
| 自由现金流经营现金流 - 资本支出 | $-1.2B | $540.3M |
| 自由现金流率自由现金流/营收 | -237.6% | 20.1% |
| 资本支出强度资本支出/营收 | 62.3% | 2.2% |
| 现金转化率经营现金流/净利润 | — | 4.49× |
| 过去12个月自由现金流最近4个季度 | $-3.8B | $618.0M |
8季度趋势，按日历期对齐
经营现金流LCIDOSK
| Q4 25 | $-916.4M | $600.1M | ||
| Q3 25 | $-756.6M | $489.0M | ||
| Q2 25 | $-830.2M | $89.2M | ||
| Q1 25 | $-428.6M | $-394.9M | ||
| Q4 24 | $-533.1M | $790.8M | ||
| Q3 24 | $-462.8M | $326.1M | ||
| Q2 24 | $-507.0M | $-211.0M | ||
| Q1 24 | $-516.7M | $-355.8M |
自由现金流LCIDOSK
| Q4 25 | $-1.2B | $540.3M | ||
| Q3 25 | $-955.5M | $464.3M | ||
| Q2 25 | $-1.0B | $48.6M | ||
| Q1 25 | $-589.9M | $-435.2M | ||
| Q4 24 | $-824.8M | $703.3M | ||
| Q3 24 | $-622.5M | $272.2M | ||
| Q2 24 | $-741.3M | $-250.5M | ||
| Q1 24 | $-714.9M | $-455.9M |
自由现金流率LCIDOSK
| Q4 25 | -237.6% | 20.1% | ||
| Q3 25 | -283.9% | 17.3% | ||
| Q2 25 | -390.4% | 1.8% | ||
| Q1 25 | -251.0% | -18.8% | ||
| Q4 24 | -351.8% | 27.1% | ||
| Q3 24 | -311.2% | 9.9% | ||
| Q2 24 | -369.6% | -8.8% | ||
| Q1 24 | -413.9% | -17.9% |
资本支出强度LCIDOSK
| Q4 25 | 62.3% | 2.2% | ||
| Q3 25 | 59.1% | 0.9% | ||
| Q2 25 | 70.4% | 1.5% | ||
| Q1 25 | 68.6% | 1.7% | ||
| Q4 24 | 124.4% | 3.4% | ||
| Q3 24 | 79.8% | 2.0% | ||
| Q2 24 | 116.8% | 1.4% | ||
| Q1 24 | 114.7% | 3.9% |
现金转化率LCIDOSK
| Q4 25 | — | 4.49× | ||
| Q3 25 | — | 2.49× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | -3.52× | ||
| Q4 24 | — | 5.17× | ||
| Q3 24 | — | 1.81× | ||
| Q2 24 | — | -1.25× | ||
| Q1 24 | — | -1.98× |
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% |
OSK
| Vocational Segment | $922.4M | 34% |
| Aerial Works Platforms | $548.6M | 20% |
| Other Access Equipment | $311.8M | 12% |
| Telehandlers | $311.2M | 12% |
| Airport Products | $252.7M | 9% |
| Delivery Vehicles | $165.0M | 6% |
| Other Vocational | $130.7M | 5% |
| Transferred Over Time | $23.5M | 1% |
