vs
Leidos（LDOS）与Constellation Brands（STZ）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Constellation Brands的2.0倍（$4.4B vs $2.2B），Constellation Brands净利率更高（22.6% vs 7.6%，领先15.0%），Leidos同比增速更快（3.7% vs -9.8%），过去两年Leidos的营收复合增速更高（3.5% vs 1.9%）
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。
Constellation Brands, Inc.是总部位于美国纽约州罗切斯特的《财富》500强企业，主营啤酒、葡萄酒及烈酒的生产与营销，按销售额计算是美国最大的啤酒进口商，在全美主要啤酒供应商中市场份额位列第三。公司还通过与Canopy Growth合作在医用及娱乐大麻领域有大额投资，现有约40处设施、近9000名员工。
LDOS vs STZ — 直观对比
营收规模更大
LDOS
是对方的2.0倍
$2.2B
营收增速更快
LDOS
高出13.4%
-9.8%
净利率更高
STZ
高出15.0%
7.6%
两年增速更快
LDOS
近两年复合增速
1.9%
损益表 — Q1 FY2027 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.4B | $2.2B |
| 净利润 | $335.0M | $502.8M |
| 毛利率 | 17.3% | 53.2% |
| 营业利润率 | 11.5% | 31.1% |
| 净利率 | 7.6% | 22.6% |
| 营收同比 | 3.7% | -9.8% |
| 净利润同比 | -8.2% | -18.4% |
| 每股收益（稀释后） | $2.56 | — |
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LDOSSTZ
| Q1 26 | $4.2B | — | ||
| Q4 25 | $4.4B | $2.2B | ||
| Q3 25 | $4.2B | $2.5B | ||
| Q2 25 | $4.2B | $2.5B | ||
| Q1 25 | $4.3B | $2.2B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | $4.2B | $2.9B | ||
| Q2 24 | $4.1B | $2.7B |
净利润LDOSSTZ
| Q1 26 | $327.0M | — | ||
| Q4 25 | $367.0M | $502.8M | ||
| Q3 25 | $391.0M | $466.0M | ||
| Q2 25 | $363.0M | $516.1M | ||
| Q1 25 | $284.0M | $-375.3M | ||
| Q4 24 | — | $615.9M | ||
| Q3 24 | $364.0M | $-1.2B | ||
| Q2 24 | $322.0M | $877.0M |
毛利率LDOSSTZ
| Q1 26 | 17.4% | — | ||
| Q4 25 | 18.0% | 53.2% | ||
| Q3 25 | 18.0% | 52.8% | ||
| Q2 25 | 17.5% | 50.4% | ||
| Q1 25 | 15.6% | 51.5% | ||
| Q4 24 | — | 52.1% | ||
| Q3 24 | 17.8% | 51.8% | ||
| Q2 24 | 16.6% | 52.7% |
营业利润率LDOSSTZ
| Q1 26 | 11.3% | — | ||
| Q4 25 | 12.0% | 31.1% | ||
| Q3 25 | 13.5% | 35.2% | ||
| Q2 25 | 12.5% | 28.4% | ||
| Q1 25 | 9.7% | -6.9% | ||
| Q4 24 | — | 32.2% | ||
| Q3 24 | 12.4% | -42.1% | ||
| Q2 24 | 11.6% | 35.4% |
净利率LDOSSTZ
| Q1 26 | 7.8% | — | ||
| Q4 25 | 8.2% | 22.6% | ||
| Q3 25 | 9.2% | 18.8% | ||
| Q2 25 | 8.6% | 20.5% | ||
| Q1 25 | 6.5% | -17.3% | ||
| Q4 24 | — | 25.0% | ||
| Q3 24 | 8.7% | -41.1% | ||
| Q2 24 | 7.8% | 32.9% |
每股收益（稀释后）LDOSSTZ
| Q1 26 | $2.54 | — | ||
| Q4 25 | $2.82 | — | ||
| Q3 25 | $3.01 | — | ||
| Q2 25 | $2.77 | — | ||
| Q1 25 | $2.10 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $2.68 | — | ||
| Q2 24 | $2.37 | — |
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 | $457.0M | $152.4M |
| 总债务越低越好 | $6.0B | $10.3B |
| 股东权益账面价值 | $5.1B | $7.7B |
| 总资产 | $15.4B | $21.7B |
| 负债/权益比越低杠杆越低 | 1.19× | 1.33× |
8季度趋势，按日历期对齐
现金及短期投资LDOSSTZ
| Q1 26 | $1.1B | — | ||
| Q4 25 | $974.0M | $152.4M | ||
| Q3 25 | $930.0M | $72.0M | ||
| Q2 25 | $842.0M | $73.9M | ||
| Q1 25 | $943.0M | $68.1M | ||
| Q4 24 | — | $73.7M | ||
| Q3 24 | $1.2B | $64.6M | ||
| Q2 24 | $823.0M | $73.8M |
总债务LDOSSTZ
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.6B | $10.3B | ||
| Q3 25 | $5.0B | $10.3B | ||
| Q2 25 | $5.0B | $11.2B | ||
| Q1 25 | $4.1B | $10.7B | ||
| Q4 24 | — | $10.7B | ||
| Q3 24 | $4.1B | $11.1B | ||
| Q2 24 | $4.1B | $11.1B |
股东权益LDOSSTZ
| Q1 26 | $4.9B | — | ||
| Q4 25 | $4.9B | $7.7B | ||
| Q3 25 | $4.7B | $7.5B | ||
| Q2 25 | $4.3B | $7.3B | ||
| Q1 25 | $4.4B | $6.9B | ||
| Q4 24 | — | $7.8B | ||
| Q3 24 | $4.6B | $7.9B | ||
| Q2 24 | $4.5B | $10.3B |
总资产LDOSSTZ
| Q1 26 | $13.5B | — | ||
| Q4 25 | $13.5B | $21.7B | ||
| Q3 25 | $13.5B | $21.4B | ||
| Q2 25 | $13.2B | $22.3B | ||
| Q1 25 | $13.1B | $21.7B | ||
| Q4 24 | — | $22.8B | ||
| Q3 24 | $13.3B | $23.1B | ||
| Q2 24 | $12.9B | $26.1B |
负债/权益比LDOSSTZ
| Q1 26 | 0.94× | — | ||
| Q4 25 | 0.94× | 1.33× | ||
| Q3 25 | 1.07× | 1.37× | ||
| Q2 25 | 1.18× | 1.54× | ||
| Q1 25 | 0.92× | 1.55× | ||
| Q4 24 | — | 1.37× | ||
| Q3 24 | 0.88× | 1.41× | ||
| Q2 24 | 0.92× | 1.08× |
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 | $301.0M | $616.9M |
| 自由现金流经营现金流 - 资本支出 | — | $370.9M |
| 自由现金流率自由现金流/营收 | — | 16.7% |
| 资本支出强度资本支出/营收 | — | 11.1% |
| 现金转化率经营现金流/净利润 | 0.90× | 1.23× |
| 过去12个月自由现金流最近4个季度 | — | $1.8B |
8季度趋势，按日历期对齐
经营现金流LDOSSTZ
| Q1 26 | $495.0M | — | ||
| Q4 25 | — | $616.9M | ||
| Q3 25 | $711.0M | $852.1M | ||
| Q2 25 | $58.0M | $637.2M | ||
| Q1 25 | $299.0M | $594.7M | ||
| Q4 24 | — | $685.2M | ||
| Q3 24 | $656.0M | $1.2B | ||
| Q2 24 | $374.0M | $690.5M |
自由现金流LDOSSTZ
| Q1 26 | $452.0M | — | ||
| Q4 25 | — | $370.9M | ||
| Q3 25 | $680.0M | $634.8M | ||
| Q2 25 | $36.0M | $444.4M | ||
| Q1 25 | $213.0M | $312.1M | ||
| Q4 24 | — | $456.8M | ||
| Q3 24 | $633.0M | $854.0M | ||
| Q2 24 | $351.0M | $315.2M |
自由现金流率LDOSSTZ
| Q1 26 | 10.8% | — | ||
| Q4 25 | — | 16.7% | ||
| Q3 25 | 16.1% | 25.6% | ||
| Q2 25 | 0.9% | 17.7% | ||
| Q1 25 | 4.9% | 14.4% | ||
| Q4 24 | — | 18.5% | ||
| Q3 24 | 15.2% | 29.3% | ||
| Q2 24 | 8.5% | 11.8% |
资本支出强度LDOSSTZ
| Q1 26 | 1.0% | — | ||
| Q4 25 | — | 11.1% | ||
| Q3 25 | 0.7% | 8.8% | ||
| Q2 25 | 0.5% | 7.7% | ||
| Q1 25 | 2.0% | 13.1% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | 0.6% | 11.2% | ||
| Q2 24 | 0.6% | 14.1% |
现金转化率LDOSSTZ
| Q1 26 | 1.51× | — | ||
| Q4 25 | — | 1.23× | ||
| Q3 25 | 1.82× | 1.83× | ||
| Q2 25 | 0.16× | 1.23× | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | — | 1.11× | ||
| Q3 24 | 1.80× | — | ||
| Q2 24 | 1.16× | 0.79× |
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
暂无分部数据
STZ
| Beer | $2.0B | 90% |
| Constellation Wines And Spirits | $213.1M | 10% |
