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LCI INDUSTRIES（LCII）与SLM Corp（SLM）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SLM Corp的1.7倍（$932.7M vs $560.0M），SLM Corp净利率更高（55.0% vs 2.0%，领先53.0%），过去两年SLM Corp的营收复合增速更高（22.7% 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。
尼康旗下SLM Solutions AG总部位于德国吕贝克，是金属3D打印机领域的上市生产商，共同拥有SLM文字商标，集团股份自2014年5月9日起在法兰克福证券交易所高级市场板块挂牌交易。
LCII vs SLM — 直观对比
营收规模更大
LCII
是对方的1.7倍
$560.0M
净利率更高
SLM
高出53.0%
2.0%
两年增速更快
SLM
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $932.7M | $560.0M |
| 净利润 | $18.7M | $308.0M |
| 毛利率 | 22.1% | — |
| 营业利润率 | 3.8% | 69.6% |
| 净利率 | 2.0% | 55.0% |
| 营收同比 | 16.1% | — |
| 净利润同比 | 95.7% | 1.0% |
| 每股收益（稀释后） | $0.79 | $1.54 |
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LCIISLM
| Q1 26 | — | $560.0M | ||
| Q4 25 | $932.7M | $377.1M | ||
| Q3 25 | $1.0B | $373.0M | ||
| Q2 25 | $1.1B | $376.8M | ||
| Q1 25 | $1.0B | $375.0M | ||
| Q4 24 | $803.1M | $362.2M | ||
| Q3 24 | $915.5M | $359.4M | ||
| Q2 24 | $1.1B | $372.2M |
净利润LCIISLM
| Q1 26 | — | $308.0M | ||
| Q4 25 | $18.7M | $233.2M | ||
| Q3 25 | $62.5M | $135.8M | ||
| Q2 25 | $57.6M | $71.3M | ||
| Q1 25 | $49.4M | $304.5M | ||
| Q4 24 | $9.5M | $111.6M | ||
| Q3 24 | $35.6M | $-45.2M | ||
| Q2 24 | $61.2M | $252.0M |
毛利率LCIISLM
| Q1 26 | — | — | ||
| 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% | — |
营业利润率LCIISLM
| Q1 26 | — | 69.6% | ||
| Q4 25 | 3.8% | 83.8% | ||
| Q3 25 | 7.3% | 49.8% | ||
| Q2 25 | 7.9% | 23.3% | ||
| Q1 25 | 7.8% | — | ||
| Q4 24 | 2.0% | 36.5% | ||
| Q3 24 | 5.9% | -16.6% | ||
| Q2 24 | 8.6% | 91.0% |
净利率LCIISLM
| Q1 26 | — | 55.0% | ||
| Q4 25 | 2.0% | 61.8% | ||
| Q3 25 | 6.0% | 36.4% | ||
| Q2 25 | 5.2% | 18.9% | ||
| Q1 25 | 4.7% | 81.2% | ||
| Q4 24 | 1.2% | 30.8% | ||
| Q3 24 | 3.9% | -12.6% | ||
| Q2 24 | 5.8% | 67.7% |
每股收益（稀释后）LCIISLM
| Q1 26 | — | $1.54 | ||
| Q4 25 | $0.79 | $1.11 | ||
| Q3 25 | $2.55 | $0.63 | ||
| Q2 25 | $2.29 | $0.32 | ||
| Q1 25 | $1.94 | $1.40 | ||
| Q4 24 | $0.37 | $0.53 | ||
| Q3 24 | $1.39 | $-0.23 | ||
| Q2 24 | $2.40 | $1.11 |
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 | $5.2B |
| 总债务越低越好 | $945.2M | $6.2B |
| 股东权益账面价值 | $1.4B | $2.4B |
| 总资产 | $3.2B | $29.4B |
| 负债/权益比越低杠杆越低 | 0.69× | 2.53× |
8季度趋势，按日历期对齐
现金及短期投资LCIISLM
| Q1 26 | — | $5.2B | ||
| Q4 25 | $222.6M | $4.2B | ||
| Q3 25 | $199.7M | $3.5B | ||
| Q2 25 | $191.9M | $4.1B | ||
| Q1 25 | $231.2M | $3.7B | ||
| Q4 24 | $165.8M | $4.7B | ||
| Q3 24 | $161.2M | $4.5B | ||
| Q2 24 | $130.4M | $5.3B |
总债务LCIISLM
| Q1 26 | — | $6.2B | ||
| Q4 25 | $945.2M | $5.4B | ||
| Q3 25 | $947.8M | $6.8B | ||
| Q2 25 | $948.0M | $6.4B | ||
| Q1 25 | $938.3M | $6.1B | ||
| Q4 24 | $757.3M | $6.4B | ||
| Q3 24 | $822.5M | $6.0B | ||
| Q2 24 | $829.7M | $5.4B |
股东权益LCIISLM
| Q1 26 | — | $2.4B | ||
| Q4 25 | $1.4B | $2.5B | ||
| Q3 25 | $1.4B | $2.3B | ||
| Q2 25 | $1.4B | $2.4B | ||
| Q1 25 | $1.4B | $2.4B | ||
| Q4 24 | $1.4B | $2.2B | ||
| Q3 24 | $1.4B | $2.1B | ||
| Q2 24 | $1.4B | $2.3B |
总资产LCIISLM
| Q1 26 | — | $29.4B | ||
| Q4 25 | $3.2B | $29.7B | ||
| Q3 25 | $3.2B | $29.6B | ||
| Q2 25 | $3.2B | $29.6B | ||
| Q1 25 | $3.1B | $28.9B | ||
| Q4 24 | $2.9B | $30.1B | ||
| Q3 24 | $3.0B | $30.0B | ||
| Q2 24 | $3.0B | $28.8B |
负债/权益比LCIISLM
| Q1 26 | — | 2.53× | ||
| Q4 25 | 0.69× | 2.19× | ||
| Q3 25 | 0.70× | 2.92× | ||
| Q2 25 | 0.68× | 2.70× | ||
| Q1 25 | 0.69× | 2.56× | ||
| Q4 24 | 0.55× | 2.98× | ||
| Q3 24 | 0.58× | 2.83× | ||
| Q2 24 | 0.60× | 2.37× |
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 | — |
| 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× | — |
| 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LCIISLM
| Q1 26 | — | — | ||
| Q4 25 | $78.9M | $-64.5M | ||
| Q3 25 | $97.2M | $-49.3M | ||
| Q2 25 | $112.2M | $-138.7M | ||
| Q1 25 | $42.7M | $-146.1M | ||
| Q4 24 | $106.6M | $4.5M | ||
| Q3 24 | $78.4M | $-113.4M | ||
| Q2 24 | $192.9M | $-143.8M |
自由现金流LCIISLM
| Q1 26 | — | — | ||
| 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 | — |
自由现金流率LCIISLM
| Q1 26 | — | — | ||
| 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% | — |
资本支出强度LCIISLM
| Q1 26 | — | — | ||
| 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% | — |
现金转化率LCIISLM
| Q1 26 | — | — | ||
| Q4 25 | 4.22× | -0.28× | ||
| Q3 25 | 1.55× | -0.36× | ||
| Q2 25 | 1.95× | -1.95× | ||
| Q1 25 | 0.86× | -0.48× | ||
| Q4 24 | 11.17× | 0.04× | ||
| Q3 24 | 2.20× | — | ||
| Q2 24 | 3.15× | -0.57× |
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% |
SLM
| Net Interest Income | $375.0M | 67% |
| Noninterest Income | $185.0M | 33% |
