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LCI INDUSTRIES（LCII）与Worthington Steel, Inc.（WS）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Worthington Steel, Inc.的1.1倍（$932.7M vs $871.9M），Worthington Steel, Inc.净利率更高（2.2% vs 2.0%，领先0.2%），Worthington Steel, Inc.同比增速更快（18.0% vs 16.1%），Worthington Steel, Inc.自由现金流更多（$74.6M vs $64.3M），过去两年Worthington Steel, Inc.的营收复合增速更高（3.9% 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。
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
LCII vs WS — 直观对比
营收规模更大
LCII
是对方的1.1倍
$871.9M
营收增速更快
WS
高出1.9%
16.1%
净利率更高
WS
高出0.2%
2.0%
自由现金流更多
WS
多$10.3M
$64.3M
两年增速更快
WS
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $932.7M | $871.9M |
| 净利润 | $18.7M | $18.8M |
| 毛利率 | 22.1% | 10.7% |
| 营业利润率 | 3.8% | 2.5% |
| 净利率 | 2.0% | 2.2% |
| 营收同比 | 16.1% | 18.0% |
| 净利润同比 | 95.7% | 46.9% |
| 每股收益（稀释后） | $0.79 | $0.37 |
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LCIIWS
| Q4 25 | $932.7M | $871.9M | ||
| Q3 25 | $1.0B | $872.9M | ||
| Q2 25 | $1.1B | $832.9M | ||
| Q1 25 | $1.0B | $687.4M | ||
| Q4 24 | $803.1M | $739.0M | ||
| Q3 24 | $915.5M | $834.0M | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $968.0M | $805.8M |
净利润LCIIWS
| Q4 25 | $18.7M | $18.8M | ||
| Q3 25 | $62.5M | $36.8M | ||
| Q2 25 | $57.6M | $55.7M | ||
| Q1 25 | $49.4M | $13.8M | ||
| Q4 24 | $9.5M | $12.8M | ||
| Q3 24 | $35.6M | $28.4M | ||
| Q2 24 | $61.2M | — | ||
| Q1 24 | $36.5M | $49.0M |
毛利率LCIIWS
| Q4 25 | 22.1% | 10.7% | ||
| Q3 25 | 24.4% | 13.2% | ||
| Q2 25 | 24.4% | 15.2% | ||
| Q1 25 | 24.1% | 11.8% | ||
| Q4 24 | 21.1% | 10.8% | ||
| Q3 24 | 24.0% | 12.0% | ||
| Q2 24 | 25.3% | — | ||
| Q1 24 | 23.1% | 14.9% |
营业利润率LCIIWS
| Q4 25 | 3.8% | 2.5% | ||
| Q3 25 | 7.3% | 5.5% | ||
| Q2 25 | 7.9% | 8.0% | ||
| Q1 25 | 7.8% | 2.7% | ||
| Q4 24 | 2.0% | 2.6% | ||
| Q3 24 | 5.9% | 5.2% | ||
| Q2 24 | 8.6% | — | ||
| Q1 24 | 6.0% | 8.2% |
净利率LCIIWS
| Q4 25 | 2.0% | 2.2% | ||
| Q3 25 | 6.0% | 4.2% | ||
| Q2 25 | 5.2% | 6.7% | ||
| Q1 25 | 4.7% | 2.0% | ||
| Q4 24 | 1.2% | 1.7% | ||
| Q3 24 | 3.9% | 3.4% | ||
| Q2 24 | 5.8% | — | ||
| Q1 24 | 3.8% | 6.1% |
每股收益（稀释后）LCIIWS
| Q4 25 | $0.79 | $0.37 | ||
| Q3 25 | $2.55 | $0.72 | ||
| Q2 25 | $2.29 | $1.11 | ||
| Q1 25 | $1.94 | $0.27 | ||
| Q4 24 | $0.37 | $0.25 | ||
| Q3 24 | $1.39 | $0.56 | ||
| Q2 24 | $2.40 | — | ||
| Q1 24 | $1.44 | $0.98 |
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 | $89.8M |
| 总债务越低越好 | $945.2M | $72.1M |
| 股东权益账面价值 | $1.4B | $1.1B |
| 总资产 | $3.2B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.69× | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资LCIIWS
| Q4 25 | $222.6M | $89.8M | ||
| Q3 25 | $199.7M | $78.3M | ||
| Q2 25 | $191.9M | $38.0M | ||
| Q1 25 | $231.2M | $63.3M | ||
| Q4 24 | $165.8M | $52.0M | ||
| Q3 24 | $161.2M | $36.0M | ||
| Q2 24 | $130.4M | — | ||
| Q1 24 | $22.6M | $60.8M |
总债务LCIIWS
| Q4 25 | $945.2M | $72.1M | ||
| Q3 25 | $947.8M | $73.4M | ||
| Q2 25 | $948.0M | $151.5M | ||
| Q1 25 | $938.3M | — | ||
| Q4 24 | $757.3M | $115.0M | ||
| Q3 24 | $822.5M | $122.2M | ||
| Q2 24 | $829.7M | — | ||
| Q1 24 | $855.3M | $147.2M |
股东权益LCIIWS
| Q4 25 | $1.4B | $1.1B | ||
| Q3 25 | $1.4B | $1.1B | ||
| Q2 25 | $1.4B | $1.1B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $1.4B | $1.0B | ||
| Q3 24 | $1.4B | $1.0B | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | $937.6M |
总资产LCIIWS
| Q4 25 | $3.2B | $2.1B | ||
| Q3 25 | $3.2B | $2.2B | ||
| Q2 25 | $3.2B | $2.0B | ||
| Q1 25 | $3.1B | $1.8B | ||
| Q4 24 | $2.9B | $1.7B | ||
| Q3 24 | $3.0B | $1.8B | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $3.0B | $1.8B |
负债/权益比LCIIWS
| Q4 25 | 0.69× | 0.06× | ||
| Q3 25 | 0.70× | 0.07× | ||
| Q2 25 | 0.68× | 0.14× | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.55× | 0.11× | ||
| Q3 24 | 0.58× | 0.12× | ||
| Q2 24 | 0.60× | — | ||
| Q1 24 | 0.63× | 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 | $78.9M | $99.3M |
| 自由现金流经营现金流 - 资本支出 | $64.3M | $74.6M |
| 自由现金流率自由现金流/营收 | 6.9% | 8.6% |
| 资本支出强度资本支出/营收 | 1.6% | 2.8% |
| 现金转化率经营现金流/净利润 | 4.22× | 5.28× |
| 过去12个月自由现金流最近4个季度 | $278.3M | $72.5M |
8季度趋势，按日历期对齐
经营现金流LCIIWS
| Q4 25 | $78.9M | $99.3M | ||
| Q3 25 | $97.2M | $-6.3M | ||
| Q2 25 | $112.2M | $53.9M | ||
| Q1 25 | $42.7M | $53.8M | ||
| Q4 24 | $106.6M | $68.0M | ||
| Q3 24 | $78.4M | $54.6M | ||
| Q2 24 | $192.9M | — | ||
| Q1 24 | $-7.7M | $44.7M |
自由现金流LCIIWS
| Q4 25 | $64.3M | $74.6M | ||
| Q3 25 | $80.9M | $-35.7M | ||
| Q2 25 | $99.5M | $8.4M | ||
| Q1 25 | $33.7M | $25.2M | ||
| Q4 24 | $95.7M | $33.2M | ||
| Q3 24 | $68.3M | $33.1M | ||
| Q2 24 | $180.2M | — | ||
| Q1 24 | $-16.3M | $22.3M |
自由现金流率LCIIWS
| Q4 25 | 6.9% | 8.6% | ||
| Q3 25 | 7.8% | -4.1% | ||
| Q2 25 | 9.0% | 1.0% | ||
| Q1 25 | 3.2% | 3.7% | ||
| Q4 24 | 11.9% | 4.5% | ||
| Q3 24 | 7.5% | 4.0% | ||
| Q2 24 | 17.1% | — | ||
| Q1 24 | -1.7% | 2.8% |
资本支出强度LCIIWS
| Q4 25 | 1.6% | 2.8% | ||
| Q3 25 | 1.6% | 3.4% | ||
| Q2 25 | 1.2% | 5.5% | ||
| Q1 25 | 0.9% | 4.2% | ||
| Q4 24 | 1.4% | 4.7% | ||
| Q3 24 | 1.1% | 2.6% | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 0.9% | 2.8% |
现金转化率LCIIWS
| Q4 25 | 4.22× | 5.28× | ||
| Q3 25 | 1.55× | -0.17× | ||
| Q2 25 | 1.95× | 0.97× | ||
| Q1 25 | 0.86× | 3.90× | ||
| Q4 24 | 11.17× | 5.31× | ||
| Q3 24 | 2.20× | 1.92× | ||
| Q2 24 | 3.15× | — | ||
| Q1 24 | -0.21× | 0.91× |
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% |
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
