vs
LCI INDUSTRIES（LCII）与朗美通（LITE）财务数据对比。点击上方公司名可切换其他公司
LCI INDUSTRIES的季度营收约是朗美通的1.4倍（$932.7M vs $665.5M），朗美通净利率更高（11.8% vs 2.0%，领先9.7%），朗美通同比增速更快（65.5% vs 16.1%），LCI INDUSTRIES自由现金流更多（$64.3M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% vs -1.8%）
拉奇核心工业有限公司前身为巴基斯坦帝国化学工业公司，是一家总部位于卡拉奇的巴基斯坦综合性企业集团，业务覆盖聚酯、医药、农用化学品、纯碱及兽药等多品类产品的研发生产，在巴基斯坦本土工业领域拥有重要市场地位。
朗美通控股（Lumentum Holdings Inc.）是全球知名光电产品供应商，前身为美国捷迪讯（JDSU）旗下光电器件及激光业务板块，2015年8月随捷迪讯分拆独立运营，总部位于美国加利福尼亚州米尔皮塔斯，主营光通信网络设备、激光器、定制光学解决方案等多元产品。
LCII vs LITE — 直观对比
营收规模更大
LCII
是对方的1.4倍
$665.5M
营收增速更快
LITE
高出49.3%
16.1%
净利率更高
LITE
高出9.7%
2.0%
自由现金流更多
LCII
多$21.2M
$43.1M
两年增速更快
LITE
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $932.7M | $665.5M |
| 净利润 | $18.7M | $78.2M |
| 毛利率 | 22.1% | 36.1% |
| 营业利润率 | 3.8% | 9.7% |
| 净利率 | 2.0% | 11.8% |
| 营收同比 | 16.1% | 65.5% |
| 净利润同比 | 95.7% | 228.4% |
| 每股收益（稀释后） | $0.79 | $0.89 |
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LCIILITE
| Q4 25 | $932.7M | $665.5M | ||
| Q3 25 | $1.0B | $533.8M | ||
| Q2 25 | $1.1B | $480.7M | ||
| Q1 25 | $1.0B | $425.2M | ||
| Q4 24 | $803.1M | $402.2M | ||
| Q3 24 | $915.5M | $336.9M | ||
| Q2 24 | $1.1B | $308.3M | ||
| Q1 24 | $968.0M | $366.5M |
净利润LCIILITE
| Q4 25 | $18.7M | $78.2M | ||
| Q3 25 | $62.5M | $4.2M | ||
| Q2 25 | $57.6M | $213.3M | ||
| Q1 25 | $49.4M | $-44.1M | ||
| Q4 24 | $9.5M | $-60.9M | ||
| Q3 24 | $35.6M | $-82.4M | ||
| Q2 24 | $61.2M | $-252.5M | ||
| Q1 24 | $36.5M | $-127.0M |
毛利率LCIILITE
| Q4 25 | 22.1% | 36.1% | ||
| Q3 25 | 24.4% | 34.0% | ||
| Q2 25 | 24.4% | 33.3% | ||
| Q1 25 | 24.1% | 28.8% | ||
| Q4 24 | 21.1% | 24.8% | ||
| Q3 24 | 24.0% | 23.1% | ||
| Q2 24 | 25.3% | 16.6% | ||
| Q1 24 | 23.1% | 16.2% |
营业利润率LCIILITE
| Q4 25 | 3.8% | 9.7% | ||
| Q3 25 | 7.3% | 1.3% | ||
| Q2 25 | 7.9% | -1.7% | ||
| Q1 25 | 7.8% | -8.9% | ||
| Q4 24 | 2.0% | -12.8% | ||
| Q3 24 | 5.9% | -24.5% | ||
| Q2 24 | 8.6% | -43.3% | ||
| Q1 24 | 6.0% | -31.3% |
净利率LCIILITE
| Q4 25 | 2.0% | 11.8% | ||
| Q3 25 | 6.0% | 0.8% | ||
| Q2 25 | 5.2% | 44.4% | ||
| Q1 25 | 4.7% | -10.4% | ||
| Q4 24 | 1.2% | -15.1% | ||
| Q3 24 | 3.9% | -24.5% | ||
| Q2 24 | 5.8% | -81.9% | ||
| Q1 24 | 3.8% | -34.7% |
每股收益（稀释后）LCIILITE
| Q4 25 | $0.79 | $0.89 | ||
| Q3 25 | $2.55 | $0.05 | ||
| Q2 25 | $2.29 | $3.10 | ||
| Q1 25 | $1.94 | $-0.64 | ||
| Q4 24 | $0.37 | $-0.88 | ||
| Q3 24 | $1.39 | $-1.21 | ||
| Q2 24 | $2.40 | $-3.75 | ||
| Q1 24 | $1.44 | $-1.88 |
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 | $222.6M | $1.2B |
| 总债务越低越好 | $945.2M | — |
| 股东权益账面价值 | $1.4B | $846.6M |
| 总资产 | $3.2B | $4.8B |
| 负债/权益比越低杠杆越低 | 0.69× | — |
8季度趋势，按日历期对齐
现金及短期投资LCIILITE
| Q4 25 | $222.6M | $1.2B | ||
| Q3 25 | $199.7M | $1.1B | ||
| Q2 25 | $191.9M | $877.1M | ||
| Q1 25 | $231.2M | $866.7M | ||
| Q4 24 | $165.8M | $896.7M | ||
| Q3 24 | $161.2M | $916.1M | ||
| Q2 24 | $130.4M | $887.0M | ||
| Q1 24 | $22.6M | $870.9M |
总债务LCIILITE
| Q4 25 | $945.2M | — | ||
| Q3 25 | $947.8M | — | ||
| Q2 25 | $948.0M | — | ||
| Q1 25 | $938.3M | — | ||
| Q4 24 | $757.3M | — | ||
| Q3 24 | $822.5M | — | ||
| Q2 24 | $829.7M | — | ||
| Q1 24 | $855.3M | — |
股东权益LCIILITE
| Q4 25 | $1.4B | $846.6M | ||
| Q3 25 | $1.4B | $780.8M | ||
| Q2 25 | $1.4B | $1.1B | ||
| Q1 25 | $1.4B | $879.5M | ||
| Q4 24 | $1.4B | $872.3M | ||
| Q3 24 | $1.4B | $895.9M | ||
| Q2 24 | $1.4B | $957.3M | ||
| Q1 24 | $1.4B | $1.2B |
总资产LCIILITE
| Q4 25 | $3.2B | $4.8B | ||
| Q3 25 | $3.2B | $4.6B | ||
| Q2 25 | $3.2B | $4.2B | ||
| Q1 25 | $3.1B | $4.0B | ||
| Q4 24 | $2.9B | $4.0B | ||
| Q3 24 | $3.0B | $4.0B | ||
| Q2 24 | $3.0B | $3.9B | ||
| Q1 24 | $3.0B | $4.2B |
负债/权益比LCIILITE
| Q4 25 | 0.69× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.68× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.55× | — | ||
| Q3 24 | 0.58× | — | ||
| Q2 24 | 0.60× | — | ||
| Q1 24 | 0.63× | — |
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 | $78.9M | $126.7M |
| 自由现金流经营现金流 - 资本支出 | $64.3M | $43.1M |
| 自由现金流率自由现金流/营收 | 6.9% | 6.5% |
| 资本支出强度资本支出/营收 | 1.6% | 12.6% |
| 现金转化率经营现金流/净利润 | 4.22× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $278.3M | $-29.5M |
8季度趋势，按日历期对齐
经营现金流LCIILITE
| Q4 25 | $78.9M | $126.7M | ||
| Q3 25 | $97.2M | $57.9M | ||
| Q2 25 | $112.2M | $64.0M | ||
| Q1 25 | $42.7M | $-1.6M | ||
| Q4 24 | $106.6M | $24.3M | ||
| Q3 24 | $78.4M | $39.6M | ||
| Q2 24 | $192.9M | $35.5M | ||
| Q1 24 | $-7.7M | $-7.0M |
自由现金流LCIILITE
| Q4 25 | $64.3M | $43.1M | ||
| Q3 25 | $80.9M | $-18.3M | ||
| Q2 25 | $99.5M | $10.1M | ||
| Q1 25 | $33.7M | $-64.4M | ||
| Q4 24 | $95.7M | $-15.9M | ||
| Q3 24 | $68.3M | $-34.5M | ||
| Q2 24 | $180.2M | $10.9M | ||
| Q1 24 | $-16.3M | $-26.6M |
自由现金流率LCIILITE
| Q4 25 | 6.9% | 6.5% | ||
| Q3 25 | 7.8% | -3.4% | ||
| Q2 25 | 9.0% | 2.1% | ||
| Q1 25 | 3.2% | -15.1% | ||
| Q4 24 | 11.9% | -4.0% | ||
| Q3 24 | 7.5% | -10.2% | ||
| Q2 24 | 17.1% | 3.5% | ||
| Q1 24 | -1.7% | -7.3% |
资本支出强度LCIILITE
| Q4 25 | 1.6% | 12.6% | ||
| Q3 25 | 1.6% | 14.3% | ||
| Q2 25 | 1.2% | 11.2% | ||
| Q1 25 | 0.9% | 14.8% | ||
| Q4 24 | 1.4% | 10.0% | ||
| Q3 24 | 1.1% | 22.0% | ||
| Q2 24 | 1.2% | 8.0% | ||
| Q1 24 | 0.9% | 5.3% |
现金转化率LCIILITE
| Q4 25 | 4.22× | 1.62× | ||
| Q3 25 | 1.55× | 13.79× | ||
| Q2 25 | 1.95× | 0.30× | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 11.17× | — | ||
| Q3 24 | 2.20× | — | ||
| Q2 24 | 3.15× | — | ||
| Q1 24 | -0.21× | — |
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
LCII
| Travel Trailer And Fifth Wheels | $378.4M | 41% |
| Chassis Chassis Partsand Slideout Mechanisms | $206.1M | 22% |
| Furnitureand Mattresses | $120.4M | 13% |
| Appliances | $69.9M | 7% |
| Other Products | $69.1M | 7% |
| Axlesand Suspension Solutions | $62.3M | 7% |
| Motorhomes | $34.2M | 4% |
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
