vs
Leidos（LDOS）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
Leidos的季度营收约是Rocket Companies, Inc.的1.6倍（$4.2B vs $2.7B），Leidos净利率更高（7.8% vs 2.5%，领先5.3%），Rocket Companies, Inc.同比增速更快（52.2% vs -3.5%），Leidos自由现金流更多（$452.0M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% vs 3.1%）
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。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
LDOS vs RKT — 直观对比
营收规模更大
LDOS
是对方的1.6倍
$2.7B
营收增速更快
RKT
高出55.6%
-3.5%
净利率更高
LDOS
高出5.3%
2.5%
自由现金流更多
LDOS
多$1.7B
$-1.3B
两年增速更快
RKT
近两年复合增速
3.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $2.7B |
| 净利润 | $327.0M | $68.0M |
| 毛利率 | 17.4% | — |
| 营业利润率 | 11.3% | 6.3% |
| 净利率 | 7.8% | 2.5% |
| 营收同比 | -3.5% | 52.2% |
| 净利润同比 | 15.1% | 100.8% |
| 每股收益（稀释后） | $2.54 | $0.10 |
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LDOSRKT
| Q1 26 | $4.2B | — | ||
| Q4 25 | $4.4B | $2.7B | ||
| Q3 25 | $4.2B | $1.6B | ||
| Q2 25 | $4.2B | $1.4B | ||
| Q1 25 | $4.3B | $1.0B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $4.2B | $646.9M | ||
| Q2 24 | $4.1B | $1.3B |
净利润LDOSRKT
| Q1 26 | $327.0M | — | ||
| Q4 25 | $367.0M | $68.0M | ||
| Q3 25 | $391.0M | $-123.9M | ||
| Q2 25 | $363.0M | $-1.8M | ||
| Q1 25 | $284.0M | $-10.4M | ||
| Q4 24 | — | $33.9M | ||
| Q3 24 | $364.0M | $-22.0M | ||
| Q2 24 | $322.0M | $1.3M |
毛利率LDOSRKT
| Q1 26 | 17.4% | — | ||
| Q4 25 | 18.0% | — | ||
| Q3 25 | 18.0% | — | ||
| Q2 25 | 17.5% | — | ||
| Q1 25 | 15.6% | — | ||
| Q4 24 | — | 58.9% | ||
| Q3 24 | 17.8% | -8.4% | ||
| Q2 24 | 16.6% | 47.4% |
营业利润率LDOSRKT
| Q1 26 | 11.3% | — | ||
| Q4 25 | 12.0% | 6.3% | ||
| Q3 25 | 13.5% | -11.5% | ||
| Q2 25 | 12.5% | 1.8% | ||
| Q1 25 | 9.7% | -21.5% | ||
| Q4 24 | — | 38.1% | ||
| Q3 24 | 12.4% | -76.9% | ||
| Q2 24 | 11.6% | 14.8% |
净利率LDOSRKT
| Q1 26 | 7.8% | — | ||
| Q4 25 | 8.2% | 2.5% | ||
| Q3 25 | 9.2% | -7.7% | ||
| Q2 25 | 8.6% | -0.1% | ||
| Q1 25 | 6.5% | -1.0% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | 8.7% | -3.4% | ||
| Q2 24 | 7.8% | 0.1% |
每股收益（稀释后）LDOSRKT
| Q1 26 | $2.54 | — | ||
| Q4 25 | $2.82 | $0.10 | ||
| Q3 25 | $3.01 | $-0.06 | ||
| Q2 25 | $2.77 | $-0.01 | ||
| Q1 25 | $2.10 | $-0.08 | ||
| Q4 24 | — | $0.28 | ||
| Q3 24 | $2.68 | $-0.19 | ||
| Q2 24 | $2.37 | $0.01 |
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 | $2.7B |
| 总债务越低越好 | $4.6B | — |
| 股东权益账面价值 | $4.9B | $22.9B |
| 总资产 | $13.5B | $60.7B |
| 负债/权益比越低杠杆越低 | 0.94× | — |
8季度趋势，按日历期对齐
现金及短期投资LDOSRKT
| Q1 26 | $1.1B | — | ||
| Q4 25 | $974.0M | $2.7B | ||
| Q3 25 | $930.0M | $5.8B | ||
| Q2 25 | $842.0M | $5.1B | ||
| Q1 25 | $943.0M | $1.4B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $823.0M | $1.3B |
总债务LDOSRKT
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.6B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $5.0B | — | ||
| Q1 25 | $4.1B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.1B | — |
股东权益LDOSRKT
| Q1 26 | $4.9B | — | ||
| Q4 25 | $4.9B | $22.9B | ||
| Q3 25 | $4.7B | $8.9B | ||
| Q2 25 | $4.3B | $7.4B | ||
| Q1 25 | $4.4B | $8.6B | ||
| Q4 24 | — | $9.0B | ||
| Q3 24 | $4.6B | $8.4B | ||
| Q2 24 | $4.5B | $8.8B |
总资产LDOSRKT
| Q1 26 | $13.5B | — | ||
| Q4 25 | $13.5B | $60.7B | ||
| Q3 25 | $13.5B | $33.6B | ||
| Q2 25 | $13.2B | $30.4B | ||
| Q1 25 | $13.1B | $25.3B | ||
| Q4 24 | — | $24.5B | ||
| Q3 24 | $13.3B | $25.1B | ||
| Q2 24 | $12.9B | $23.6B |
负债/权益比LDOSRKT
| Q1 26 | 0.94× | — | ||
| Q4 25 | 0.94× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.18× | — | ||
| Q1 25 | 0.92× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.88× | — | ||
| Q2 24 | 0.92× | — |
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 | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $452.0M | $-1.3B |
| 自由现金流率自由现金流/营收 | 10.8% | -47.2% |
| 资本支出强度资本支出/营收 | 1.0% | 1.5% |
| 现金转化率经营现金流/净利润 | 1.51× | -18.08× |
| 过去12个月自由现金流最近4个季度 | — | $-4.0B |
8季度趋势，按日历期对齐
经营现金流LDOSRKT
| Q1 26 | $495.0M | — | ||
| Q4 25 | — | $-1.2B | ||
| Q3 25 | $711.0M | $-50.3M | ||
| Q2 25 | $58.0M | $-1.9B | ||
| Q1 25 | $299.0M | $-797.0M | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $656.0M | $-1.3B | ||
| Q2 24 | $374.0M | $-122.3M |
自由现金流LDOSRKT
| Q1 26 | $452.0M | — | ||
| Q4 25 | — | $-1.3B | ||
| Q3 25 | $680.0M | $-71.8M | ||
| Q2 25 | $36.0M | $-1.9B | ||
| Q1 25 | $213.0M | $-811.0M | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $633.0M | $-1.4B | ||
| Q2 24 | $351.0M | $-138.3M |
自由现金流率LDOSRKT
| Q1 26 | 10.8% | — | ||
| Q4 25 | — | -47.2% | ||
| Q3 25 | 16.1% | -4.5% | ||
| Q2 25 | 0.9% | -137.2% | ||
| Q1 25 | 4.9% | -78.2% | ||
| Q4 24 | — | 103.1% | ||
| Q3 24 | 15.2% | -209.6% | ||
| Q2 24 | 8.5% | -10.6% |
资本支出强度LDOSRKT
| Q1 26 | 1.0% | — | ||
| Q4 25 | — | 1.5% | ||
| Q3 25 | 0.7% | 1.3% | ||
| Q2 25 | 0.5% | 1.1% | ||
| Q1 25 | 2.0% | 1.4% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | 0.6% | 2.9% | ||
| Q2 24 | 0.6% | 1.2% |
现金转化率LDOSRKT
| Q1 26 | 1.51× | — | ||
| Q4 25 | — | -18.08× | ||
| Q3 25 | 1.82× | — | ||
| Q2 25 | 0.16× | — | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | — | 54.42× | ||
| Q3 24 | 1.80× | — | ||
| Q2 24 | 1.16× | -94.46× |
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% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
