vs
Leidos（LDOS）与PILGRIMS PRIDE CORP（PPC）财务数据对比。点击上方公司名可切换其他公司
PILGRIMS PRIDE CORP的季度营收约是Leidos的1.1倍（$4.5B vs $4.2B），Leidos净利率更高（7.8% vs 1.9%，领先5.8%），PILGRIMS PRIDE CORP同比增速更快（3.3% vs -3.5%），Leidos自由现金流更多（$452.0M vs $10.0M），过去两年Leidos的营收复合增速更高（3.1% vs 1.8%）
Leidos Holdings, Inc.是总部位于美国弗吉尼亚州雷斯顿的企业，业务覆盖国防、航空、信息技术、生物医学研究领域，提供科研、工程、系统集成及技术服务。其前身为科学应用国际公司（SAIC），2016年8月与洛克希德·马丁旗下IT业务板块合并，成为国防行业规模最大的IT服务提供商。
Pilgrim's Pride是美国跨国食品企业，为美国及波多黎各最大的鸡肉生产商之一，同时是墨西哥第二大鸡肉生产商。公司2009年12月脱离破产状态，2011年将美国总部迁至科罗拉多州格里利，由JBS集团控股，2016年11月底以3.5亿美元收购Gold'n Plump。
LDOS vs PPC — 直观对比
营收规模更大
PPC
是对方的1.1倍
$4.2B
营收增速更快
PPC
高出6.8%
-3.5%
净利率更高
LDOS
高出5.8%
1.9%
自由现金流更多
LDOS
多$442.0M
$10.0M
两年增速更快
LDOS
近两年复合增速
1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $4.5B |
| 净利润 | $327.0M | $88.0M |
| 毛利率 | 17.4% | 9.5% |
| 营业利润率 | 11.3% | 4.5% |
| 净利率 | 7.8% | 1.9% |
| 营收同比 | -3.5% | 3.3% |
| 净利润同比 | 15.1% | -62.7% |
| 每股收益（稀释后） | $2.54 | $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LDOSPPC
| Q1 26 | $4.2B | — | ||
| Q4 25 | $4.4B | $4.5B | ||
| Q3 25 | $4.2B | $4.8B | ||
| Q2 25 | $4.2B | $4.8B | ||
| Q1 25 | $4.3B | $4.5B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | $4.2B | $4.6B | ||
| Q2 24 | $4.1B | $4.6B |
净利润LDOSPPC
| Q1 26 | $327.0M | — | ||
| Q4 25 | $367.0M | $88.0M | ||
| Q3 25 | $391.0M | $342.8M | ||
| Q2 25 | $363.0M | $355.5M | ||
| Q1 25 | $284.0M | $296.0M | ||
| Q4 24 | — | $235.9M | ||
| Q3 24 | $364.0M | $349.9M | ||
| Q2 24 | $322.0M | $326.3M |
毛利率LDOSPPC
| Q1 26 | 17.4% | — | ||
| Q4 25 | 18.0% | 9.5% | ||
| Q3 25 | 18.0% | 13.9% | ||
| Q2 25 | 17.5% | 15.0% | ||
| Q1 25 | 15.6% | 12.4% | ||
| Q4 24 | — | 12.7% | ||
| Q3 24 | 17.8% | 14.9% | ||
| Q2 24 | 16.6% | 15.2% |
营业利润率LDOSPPC
| Q1 26 | 11.3% | — | ||
| Q4 25 | 12.0% | 4.5% | ||
| Q3 25 | 13.5% | 10.4% | ||
| Q2 25 | 12.5% | 10.8% | ||
| Q1 25 | 9.7% | 9.1% | ||
| Q4 24 | — | 7.0% | ||
| Q3 24 | 12.4% | 11.1% | ||
| Q2 24 | 11.6% | 9.7% |
净利率LDOSPPC
| Q1 26 | 7.8% | — | ||
| Q4 25 | 8.2% | 1.9% | ||
| Q3 25 | 9.2% | 7.2% | ||
| Q2 25 | 8.6% | 7.5% | ||
| Q1 25 | 6.5% | 6.6% | ||
| Q4 24 | — | 5.4% | ||
| Q3 24 | 8.7% | 7.6% | ||
| Q2 24 | 7.8% | 7.2% |
每股收益（稀释后）LDOSPPC
| Q1 26 | $2.54 | — | ||
| Q4 25 | $2.82 | $0.37 | ||
| Q3 25 | $3.01 | $1.44 | ||
| Q2 25 | $2.77 | $1.49 | ||
| Q1 25 | $2.10 | $1.24 | ||
| Q4 24 | — | $1.00 | ||
| Q3 24 | $2.68 | $1.47 | ||
| Q2 24 | $2.37 | $1.37 |
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 | $1.1B | $640.2M |
| 总债务越低越好 | $4.6B | $3.1B |
| 股东权益账面价值 | $4.9B | $3.7B |
| 总资产 | $13.5B | $10.3B |
| 负债/权益比越低杠杆越低 | 0.94× | 0.84× |
8季度趋势，按日历期对齐
现金及短期投资LDOSPPC
| Q1 26 | $1.1B | — | ||
| Q4 25 | $974.0M | $640.2M | ||
| Q3 25 | $930.0M | $612.6M | ||
| Q2 25 | $842.0M | $849.0M | ||
| Q1 25 | $943.0M | $2.1B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | $1.2B | $1.9B | ||
| Q2 24 | $823.0M | $1.3B |
总债务LDOSPPC
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.6B | $3.1B | ||
| Q3 25 | $5.0B | $3.1B | ||
| Q2 25 | $5.0B | $3.1B | ||
| Q1 25 | $4.1B | $3.2B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | $4.1B | $3.2B | ||
| Q2 24 | $4.1B | $3.2B |
股东权益LDOSPPC
| Q1 26 | $4.9B | — | ||
| Q4 25 | $4.9B | $3.7B | ||
| Q3 25 | $4.7B | $3.5B | ||
| Q2 25 | $4.3B | $3.7B | ||
| Q1 25 | $4.4B | $3.1B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | $4.6B | $4.2B | ||
| Q2 24 | $4.5B | $3.7B |
总资产LDOSPPC
| Q1 26 | $13.5B | — | ||
| Q4 25 | $13.5B | $10.3B | ||
| Q3 25 | $13.5B | $10.0B | ||
| Q2 25 | $13.2B | $10.1B | ||
| Q1 25 | $13.1B | $11.0B | ||
| Q4 24 | — | $10.7B | ||
| Q3 24 | $13.3B | $10.7B | ||
| Q2 24 | $12.9B | $10.1B |
负债/权益比LDOSPPC
| Q1 26 | 0.94× | — | ||
| Q4 25 | 0.94× | 0.84× | ||
| Q3 25 | 1.07× | 0.87× | ||
| Q2 25 | 1.18× | 0.83× | ||
| Q1 25 | 0.92× | 1.02× | ||
| Q4 24 | — | 0.76× | ||
| Q3 24 | 0.88× | 0.76× | ||
| Q2 24 | 0.92× | 0.85× |
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 | $495.0M | $291.2M |
| 自由现金流经营现金流 - 资本支出 | $452.0M | $10.0M |
| 自由现金流率自由现金流/营收 | 10.8% | 0.2% |
| 资本支出强度资本支出/营收 | 1.0% | 6.2% |
| 现金转化率经营现金流/净利润 | 1.51× | 3.31× |
| 过去12个月自由现金流最近4个季度 | — | $653.1M |
8季度趋势，按日历期对齐
经营现金流LDOSPPC
| Q1 26 | $495.0M | — | ||
| Q4 25 | — | $291.2M | ||
| Q3 25 | $711.0M | $458.3M | ||
| Q2 25 | $58.0M | $495.2M | ||
| Q1 25 | $299.0M | $126.9M | ||
| Q4 24 | — | $349.3M | ||
| Q3 24 | $656.0M | $651.1M | ||
| Q2 24 | $374.0M | $718.6M |
自由现金流LDOSPPC
| Q1 26 | $452.0M | — | ||
| Q4 25 | — | $10.0M | ||
| Q3 25 | $680.0M | $275.9M | ||
| Q2 25 | $36.0M | $339.1M | ||
| Q1 25 | $213.0M | $28.1M | ||
| Q4 24 | — | $176.6M | ||
| Q3 24 | $633.0M | $565.3M | ||
| Q2 24 | $351.0M | $617.7M |
自由现金流率LDOSPPC
| Q1 26 | 10.8% | — | ||
| Q4 25 | — | 0.2% | ||
| Q3 25 | 16.1% | 5.8% | ||
| Q2 25 | 0.9% | 7.1% | ||
| Q1 25 | 4.9% | 0.6% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | 15.2% | 12.3% | ||
| Q2 24 | 8.5% | 13.5% |
资本支出强度LDOSPPC
| Q1 26 | 1.0% | — | ||
| Q4 25 | — | 6.2% | ||
| Q3 25 | 0.7% | 3.8% | ||
| Q2 25 | 0.5% | 3.3% | ||
| Q1 25 | 2.0% | 2.2% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | 0.6% | 1.9% | ||
| Q2 24 | 0.6% | 2.2% |
现金转化率LDOSPPC
| Q1 26 | 1.51× | — | ||
| Q4 25 | — | 3.31× | ||
| Q3 25 | 1.82× | 1.34× | ||
| Q2 25 | 0.16× | 1.39× | ||
| Q1 25 | 1.05× | 0.43× | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | 1.80× | 1.86× | ||
| Q2 24 | 1.16× | 2.20× |
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
LDOS
| US Do D And US Intelligence Community | $1.4B | 32% |
| Cost Reimbursement And Fixed Price Incentive Fee | $1.0B | 24% |
| Commercial And International Segment | $609.0M | 15% |
| Defense Systems Segment | $546.0M | 13% |
| Other | $358.0M | 9% |
| Time And Materials And Fixed Price Level Of Effort | $295.0M | 7% |
| Commercial And Non US Customers | $38.0M | 1% |
PPC
| Retail | $1.5B | 33% |
| Europe Reportable Segment | $1.4B | 31% |
| Food Service | $889.2M | 20% |
| Prepared Product | $332.8M | 7% |
| Product Export | $122.7M | 3% |
| Other Sales Channel | $96.0M | 2% |
| Other Product And Service | $79.7M | 2% |
| Related Party | $21.7M | 0% |
| Seara Meats B.V. | $18.9M | 0% |
| Penasul UKLTD | $10.3M | 0% |
| JBSUSA Food Company | $5.4M | 0% |
