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Leidos（LDOS）与史密斯菲尔德食品（SFD）财务数据对比。点击上方公司名可切换其他公司
Leidos的季度营收约是史密斯菲尔德食品的1.1倍（$4.2B vs $3.8B），Leidos净利率更高（7.8% vs 6.6%，领先1.2%），史密斯菲尔德食品同比增速更快（0.8% vs -3.5%），过去两年史密斯菲尔德食品的营收复合增速更高（5.5% 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。
史密斯菲尔德食品是全球规模最大的生猪养殖与猪肉加工企业，1936年由卢特父子创立，总部位于美国弗吉尼亚州史密斯菲尔德，现隶属于香港企业。公司在美国自营超500个农场，还与2000余家独立农场合作养殖生猪，业务覆盖墨西哥、波兰、德国等多个海外市场。
LDOS vs SFD — 直观对比
营收规模更大
LDOS
是对方的1.1倍
$3.8B
营收增速更快
SFD
高出4.3%
-3.5%
净利率更高
LDOS
高出1.2%
6.6%
两年增速更快
SFD
近两年复合增速
3.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $3.8B |
| 净利润 | $327.0M | $249.0M |
| 毛利率 | 17.4% | 13.4% |
| 营业利润率 | 11.3% | 8.8% |
| 净利率 | 7.8% | 6.6% |
| 营收同比 | -3.5% | 0.8% |
| 净利润同比 | 15.1% | 9.7% |
| 每股收益（稀释后） | $2.54 | — |
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LDOSSFD
| Q1 26 | $4.2B | $3.8B | ||
| Q4 25 | $4.4B | $4.2B | ||
| Q3 25 | $4.2B | $3.7B | ||
| Q2 25 | $4.2B | $3.8B | ||
| Q1 25 | $4.3B | $3.8B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | $4.2B | $3.3B | ||
| Q2 24 | $4.1B | $3.4B |
净利润LDOSSFD
| Q1 26 | $327.0M | $249.0M | ||
| Q4 25 | $367.0M | $327.0M | ||
| Q3 25 | $391.0M | $248.0M | ||
| Q2 25 | $363.0M | $188.0M | ||
| Q1 25 | $284.0M | $224.0M | ||
| Q4 24 | — | $205.0M | ||
| Q3 24 | $364.0M | $291.0M | ||
| Q2 24 | $322.0M | $301.0M |
毛利率LDOSSFD
| Q1 26 | 17.4% | 13.4% | ||
| Q4 25 | 18.0% | 14.2% | ||
| Q3 25 | 18.0% | 12.8% | ||
| Q2 25 | 17.5% | 13.2% | ||
| Q1 25 | 15.6% | 13.5% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | 17.8% | 14.3% | ||
| Q2 24 | 16.6% | 15.4% |
营业利润率LDOSSFD
| Q1 26 | 11.3% | 8.8% | ||
| Q4 25 | 12.0% | 9.5% | ||
| Q3 25 | 13.5% | 8.3% | ||
| Q2 25 | 12.5% | 6.9% | ||
| Q1 25 | 9.7% | 8.5% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | 12.4% | 8.5% | ||
| Q2 24 | 11.6% | 9.8% |
净利率LDOSSFD
| Q1 26 | 7.8% | 6.6% | ||
| Q4 25 | 8.2% | 7.7% | ||
| Q3 25 | 9.2% | 6.6% | ||
| Q2 25 | 8.6% | 5.0% | ||
| Q1 25 | 6.5% | 5.9% | ||
| Q4 24 | — | 5.2% | ||
| Q3 24 | 8.7% | 8.7% | ||
| Q2 24 | 7.8% | 8.8% |
每股收益（稀释后）LDOSSFD
| Q1 26 | $2.54 | — | ||
| Q4 25 | $2.82 | $0.83 | ||
| Q3 25 | $3.01 | $0.63 | ||
| Q2 25 | $2.77 | $0.48 | ||
| Q1 25 | $2.10 | $0.57 | ||
| Q4 24 | — | $0.54 | ||
| Q3 24 | $2.68 | $0.77 | ||
| Q2 24 | $2.37 | $0.79 |
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 | $1.4B |
| 总债务越低越好 | $4.6B | — |
| 股东权益账面价值 | $4.9B | $6.9B |
| 总资产 | $13.5B | $12.0B |
| 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LDOSSFD
| Q1 26 | $1.1B | $1.4B | ||
| Q4 25 | $974.0M | — | ||
| Q3 25 | $930.0M | — | ||
| Q2 25 | $842.0M | — | ||
| Q1 25 | $943.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $823.0M | — |
总债务LDOSSFD
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.6B | $2.0B | ||
| Q3 25 | $5.0B | $2.0B | ||
| Q2 25 | $5.0B | $2.0B | ||
| Q1 25 | $4.1B | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.1B | — |
股东权益LDOSSFD
| Q1 26 | $4.9B | $6.9B | ||
| Q4 25 | $4.9B | $6.8B | ||
| Q3 25 | $4.7B | $6.5B | ||
| Q2 25 | $4.3B | $6.3B | ||
| Q1 25 | $4.4B | $6.2B | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $4.5B | — |
总资产LDOSSFD
| Q1 26 | $13.5B | $12.0B | ||
| Q4 25 | $13.5B | $12.2B | ||
| Q3 25 | $13.5B | $11.5B | ||
| Q2 25 | $13.2B | $11.2B | ||
| Q1 25 | $13.1B | $11.1B | ||
| Q4 24 | — | $11.1B | ||
| Q3 24 | $13.3B | — | ||
| Q2 24 | $12.9B | — |
负债/权益比LDOSSFD
| Q1 26 | 0.94× | — | ||
| Q4 25 | 0.94× | 0.29× | ||
| Q3 25 | 1.07× | 0.31× | ||
| Q2 25 | 1.18× | 0.32× | ||
| Q1 25 | 0.92× | 0.32× | ||
| Q4 24 | — | 0.34× | ||
| 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 | — |
| 自由现金流经营现金流 - 资本支出 | $452.0M | — |
| 自由现金流率自由现金流/营收 | 10.8% | — |
| 资本支出强度资本支出/营收 | 1.0% | 2.3% |
| 现金转化率经营现金流/净利润 | 1.51× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LDOSSFD
| Q1 26 | $495.0M | — | ||
| Q4 25 | — | $938.0M | ||
| Q3 25 | $711.0M | $13.0M | ||
| Q2 25 | $58.0M | $274.0M | ||
| Q1 25 | $299.0M | $-166.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | $656.0M | — | ||
| Q2 24 | $374.0M | — |
自由现金流LDOSSFD
| Q1 26 | $452.0M | — | ||
| Q4 25 | — | $842.0M | ||
| Q3 25 | $680.0M | $-75.0M | ||
| Q2 25 | $36.0M | $196.0M | ||
| Q1 25 | $213.0M | $-245.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | $633.0M | — | ||
| Q2 24 | $351.0M | — |
自由现金流率LDOSSFD
| Q1 26 | 10.8% | — | ||
| Q4 25 | — | 19.9% | ||
| Q3 25 | 16.1% | -2.0% | ||
| Q2 25 | 0.9% | 5.2% | ||
| Q1 25 | 4.9% | -6.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | 15.2% | — | ||
| Q2 24 | 8.5% | — |
资本支出强度LDOSSFD
| Q1 26 | 1.0% | 2.3% | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | 0.7% | 2.3% | ||
| Q2 25 | 0.5% | 2.1% | ||
| Q1 25 | 2.0% | 2.1% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | 0.6% | 2.8% | ||
| Q2 24 | 0.6% | 2.3% |
现金转化率LDOSSFD
| Q1 26 | 1.51× | — | ||
| Q4 25 | — | 2.87× | ||
| Q3 25 | 1.82× | 0.05× | ||
| Q2 25 | 0.16× | 1.46× | ||
| Q1 25 | 1.05× | -0.74× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.80× | — | ||
| Q2 24 | 1.16× | — |
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% |
SFD
暂无分部数据
