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LCI INDUSTRIES（LCII）与PIPER SANDLER COMPANIES（PIPR）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PIPER SANDLER COMPANIES的1.4倍（$932.7M vs $667.0M），PIPER SANDLER COMPANIES净利率更高（17.1% vs 2.0%，领先15.1%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs 16.1%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% 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。
Piper Sandler是一家美国跨国投资银行及金融服务提供商，核心业务覆盖并购重组、财务重整、公开募股、公共财政、机构经纪、投资管理、证券研究等领域，通过旗下核心子公司Piper Sandler & Co.为企业、机构投资者及公共组织提供专业金融服务。
LCII vs PIPR — 直观对比
营收规模更大
LCII
是对方的1.4倍
$667.0M
营收增速更快
PIPR
高出21.3%
16.1%
净利率更高
PIPR
高出15.1%
2.0%
两年增速更快
PIPR
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $932.7M | $667.0M |
| 净利润 | $18.7M | $114.0M |
| 毛利率 | 22.1% | — |
| 营业利润率 | 3.8% | 28.3% |
| 净利率 | 2.0% | 17.1% |
| 营收同比 | 16.1% | 37.4% |
| 净利润同比 | 95.7% | 65.0% |
| 每股收益（稀释后） | $0.79 | $6.41 |
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LCIIPIPR
| Q4 25 | $932.7M | $667.0M | ||
| Q3 25 | $1.0B | $480.1M | ||
| Q2 25 | $1.1B | $398.6M | ||
| Q1 25 | $1.0B | $358.6M | ||
| Q4 24 | $803.1M | $485.4M | ||
| Q3 24 | $915.5M | $360.9M | ||
| Q2 24 | $1.1B | $340.8M | ||
| Q1 24 | $968.0M | $344.4M |
净利润LCIIPIPR
| Q4 25 | $18.7M | $114.0M | ||
| Q3 25 | $62.5M | $60.3M | ||
| Q2 25 | $57.6M | $42.2M | ||
| Q1 25 | $49.4M | $64.9M | ||
| Q4 24 | $9.5M | $69.1M | ||
| Q3 24 | $35.6M | $34.8M | ||
| Q2 24 | $61.2M | $34.8M | ||
| Q1 24 | $36.5M | $42.5M |
毛利率LCIIPIPR
| Q4 25 | 22.1% | — | ||
| Q3 25 | 24.4% | — | ||
| Q2 25 | 24.4% | — | ||
| Q1 25 | 24.1% | — | ||
| Q4 24 | 21.1% | — | ||
| Q3 24 | 24.0% | — | ||
| Q2 24 | 25.3% | — | ||
| Q1 24 | 23.1% | — |
营业利润率LCIIPIPR
| Q4 25 | 3.8% | 28.3% | ||
| Q3 25 | 7.3% | 22.4% | ||
| Q2 25 | 7.9% | 12.3% | ||
| Q1 25 | 7.8% | 8.2% | ||
| Q4 24 | 2.0% | 16.9% | ||
| Q3 24 | 5.9% | 15.4% | ||
| Q2 24 | 8.6% | 8.3% | ||
| Q1 24 | 6.0% | 15.2% |
净利率LCIIPIPR
| Q4 25 | 2.0% | 17.1% | ||
| Q3 25 | 6.0% | 12.6% | ||
| Q2 25 | 5.2% | 10.6% | ||
| Q1 25 | 4.7% | 18.1% | ||
| Q4 24 | 1.2% | 14.2% | ||
| Q3 24 | 3.9% | 9.6% | ||
| Q2 24 | 5.8% | 10.2% | ||
| Q1 24 | 3.8% | 12.3% |
每股收益（稀释后）LCIIPIPR
| Q4 25 | $0.79 | $6.41 | ||
| Q3 25 | $2.55 | $3.38 | ||
| Q2 25 | $2.29 | $2.38 | ||
| Q1 25 | $1.94 | $3.65 | ||
| Q4 24 | $0.37 | $3.88 | ||
| Q3 24 | $1.39 | $1.96 | ||
| Q2 24 | $2.40 | $1.97 | ||
| Q1 24 | $1.44 | $2.43 |
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 | — |
| 总债务越低越好 | $945.2M | — |
| 股东权益账面价值 | $1.4B | $1.4B |
| 总资产 | $3.2B | $2.6B |
| 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LCIIPIPR
| Q4 25 | $222.6M | — | ||
| Q3 25 | $199.7M | — | ||
| Q2 25 | $191.9M | — | ||
| Q1 25 | $231.2M | — | ||
| Q4 24 | $165.8M | — | ||
| Q3 24 | $161.2M | — | ||
| Q2 24 | $130.4M | — | ||
| Q1 24 | $22.6M | — |
总债务LCIIPIPR
| 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LCIIPIPR
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.4B | $1.2B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.4B | $1.2B | ||
| Q3 24 | $1.4B | $1.2B | ||
| Q2 24 | $1.4B | $1.1B | ||
| Q1 24 | $1.4B | $1.1B |
总资产LCIIPIPR
| Q4 25 | $3.2B | $2.6B | ||
| Q3 25 | $3.2B | $2.2B | ||
| Q2 25 | $3.2B | $2.0B | ||
| Q1 25 | $3.1B | $1.8B | ||
| Q4 24 | $2.9B | $2.3B | ||
| Q3 24 | $3.0B | $2.0B | ||
| Q2 24 | $3.0B | $1.9B | ||
| Q1 24 | $3.0B | $1.8B |
负债/权益比LCIIPIPR
| 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 | $729.8M |
| 自由现金流经营现金流 - 资本支出 | $64.3M | — |
| 自由现金流率自由现金流/营收 | 6.9% | — |
| 资本支出强度资本支出/营收 | 1.6% | — |
| 现金转化率经营现金流/净利润 | 4.22× | 6.40× |
| 过去12个月自由现金流最近4个季度 | $278.3M | — |
8季度趋势，按日历期对齐
经营现金流LCIIPIPR
| Q4 25 | $78.9M | $729.8M | ||
| Q3 25 | $97.2M | $31.9M | ||
| Q2 25 | $112.2M | $32.1M | ||
| Q1 25 | $42.7M | $-207.2M | ||
| Q4 24 | $106.6M | $163.8M | ||
| Q3 24 | $78.4M | $80.1M | ||
| Q2 24 | $192.9M | $266.5M | ||
| Q1 24 | $-7.7M | $-197.2M |
自由现金流LCIIPIPR
| Q4 25 | $64.3M | — | ||
| Q3 25 | $80.9M | — | ||
| Q2 25 | $99.5M | — | ||
| Q1 25 | $33.7M | — | ||
| Q4 24 | $95.7M | — | ||
| Q3 24 | $68.3M | — | ||
| Q2 24 | $180.2M | — | ||
| Q1 24 | $-16.3M | — |
自由现金流率LCIIPIPR
| Q4 25 | 6.9% | — | ||
| Q3 25 | 7.8% | — | ||
| Q2 25 | 9.0% | — | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 11.9% | — | ||
| Q3 24 | 7.5% | — | ||
| Q2 24 | 17.1% | — | ||
| Q1 24 | -1.7% | — |
资本支出强度LCIIPIPR
| Q4 25 | 1.6% | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 0.9% | — |
现金转化率LCIIPIPR
| Q4 25 | 4.22× | 6.40× | ||
| Q3 25 | 1.55× | 0.53× | ||
| Q2 25 | 1.95× | 0.76× | ||
| Q1 25 | 0.86× | -3.19× | ||
| Q4 24 | 11.17× | 2.37× | ||
| Q3 24 | 2.20× | 2.30× | ||
| Q2 24 | 3.15× | 7.66× | ||
| Q1 24 | -0.21× | -4.64× |
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% |
PIPR
| Advisory Services | $402.6M | 60% |
| Equities Financing | $66.7M | 10% |
| Equity Salesand Trading | $64.2M | 10% |
| Fixed Income Salesand Trading | $47.9M | 7% |
| Other | $46.7M | 7% |
| Debt Financing | $38.9M | 6% |
