vs
Leidos（LDOS）与Welltower（WELL）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Welltower的1.6倍（$4.4B vs $2.8B），Welltower净利率更高（51.6% vs 7.6%，领先44.0%），Welltower同比增速更快（180.6% vs 3.7%），过去两年Welltower的营收复合增速更高（42.4% vs 3.5%）
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。
Welltower Inc.是一家专注于医疗基础设施领域的房地产投资信托企业，核心业务为医疗类地产投资运营。截至2022年12月31日，公司投资的物业总量约3000处，全部布局于美国、加拿大及英国市场，是全球医疗地产投资领域的代表性企业之一。
LDOS vs WELL — 直观对比
营收规模更大
LDOS
是对方的1.6倍
$2.8B
营收增速更快
WELL
高出176.9%
3.7%
净利率更高
WELL
高出44.0%
7.6%
两年增速更快
WELL
近两年复合增速
3.5%
损益表 — Q1 FY2027 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.4B | $2.8B |
| 净利润 | $335.0M | $1.5B |
| 毛利率 | 17.3% | — |
| 营业利润率 | 11.5% | — |
| 净利率 | 7.6% | 51.6% |
| 营收同比 | 3.7% | 180.6% |
| 净利润同比 | -8.2% | 93.7% |
| 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LDOSWELL
| Q1 26 | $4.2B | $2.8B | ||
| Q4 25 | $4.4B | $2.6B | ||
| Q3 25 | $4.2B | $2.1B | ||
| Q2 25 | $4.2B | $2.0B | ||
| Q1 25 | $4.3B | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $4.2B | $1.5B | ||
| Q2 24 | $4.1B | $1.4B |
净利润LDOSWELL
| Q1 26 | $327.0M | $1.5B | ||
| Q4 25 | $367.0M | $117.8M | ||
| Q3 25 | $391.0M | $282.2M | ||
| Q2 25 | $363.0M | $304.6M | ||
| Q1 25 | $284.0M | $257.3M | ||
| Q4 24 | — | $123.8M | ||
| Q3 24 | $364.0M | $456.8M | ||
| Q2 24 | $322.0M | $260.7M |
毛利率LDOSWELL
| Q1 26 | 17.4% | — | ||
| Q4 25 | 18.0% | 24.3% | ||
| Q3 25 | 18.0% | 23.5% | ||
| Q2 25 | 17.5% | 23.2% | ||
| Q1 25 | 15.6% | 21.6% | ||
| Q4 24 | — | 20.0% | ||
| Q3 24 | 17.8% | 19.8% | ||
| Q2 24 | 16.6% | 20.2% |
营业利润率LDOSWELL
| Q1 26 | 11.3% | — | ||
| Q4 25 | 12.0% | — | ||
| Q3 25 | 13.5% | 14.2% | ||
| Q2 25 | 12.5% | 15.1% | ||
| Q1 25 | 9.7% | 10.7% | ||
| Q4 24 | — | 6.2% | ||
| Q3 24 | 12.4% | 12.2% | ||
| Q2 24 | 11.6% | 6.5% |
净利率LDOSWELL
| Q1 26 | 7.8% | 51.6% | ||
| Q4 25 | 8.2% | 4.6% | ||
| Q3 25 | 9.2% | 13.7% | ||
| Q2 25 | 8.6% | 15.5% | ||
| Q1 25 | 6.5% | 13.8% | ||
| Q4 24 | — | 7.0% | ||
| Q3 24 | 8.7% | 30.2% | ||
| Q2 24 | 7.8% | 18.7% |
每股收益（稀释后）LDOSWELL
| Q1 26 | $2.54 | — | ||
| Q4 25 | $2.82 | $0.13 | ||
| Q3 25 | $3.01 | $0.41 | ||
| Q2 25 | $2.77 | $0.45 | ||
| Q1 25 | $2.10 | $0.40 | ||
| Q4 24 | — | $0.20 | ||
| Q3 24 | $2.68 | $0.73 | ||
| Q2 24 | $2.37 | $0.42 |
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 | — |
| 总债务越低越好 | $6.0B | — |
| 股东权益账面价值 | $5.1B | — |
| 总资产 | $15.4B | — |
| 负债/权益比越低杠杆越低 | 1.19× | — |
8季度趋势，按日历期对齐
现金及短期投资LDOSWELL
| Q1 26 | $1.1B | — | ||
| Q4 25 | $974.0M | $5.0B | ||
| Q3 25 | $930.0M | $6.8B | ||
| Q2 25 | $842.0M | $4.4B | ||
| Q1 25 | $943.0M | $3.5B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | $1.2B | $3.6B | ||
| Q2 24 | $823.0M | $2.8B |
总债务LDOSWELL
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.6B | $19.2B | ||
| Q3 25 | $5.0B | $16.9B | ||
| Q2 25 | $5.0B | $16.0B | ||
| Q1 25 | $4.1B | $15.7B | ||
| Q4 24 | — | $15.5B | ||
| Q3 24 | $4.1B | $15.8B | ||
| Q2 24 | $4.1B | $13.9B |
股东权益LDOSWELL
| Q1 26 | $4.9B | — | ||
| Q4 25 | $4.9B | $42.1B | ||
| Q3 25 | $4.7B | $38.8B | ||
| Q2 25 | $4.3B | $35.9B | ||
| Q1 25 | $4.4B | $34.0B | ||
| Q4 24 | — | $32.0B | ||
| Q3 24 | $4.6B | $30.3B | ||
| Q2 24 | $4.5B | $29.0B |
总资产LDOSWELL
| Q1 26 | $13.5B | — | ||
| Q4 25 | $13.5B | $67.3B | ||
| Q3 25 | $13.5B | $59.5B | ||
| Q2 25 | $13.2B | $55.8B | ||
| Q1 25 | $13.1B | $53.3B | ||
| Q4 24 | — | $51.0B | ||
| Q3 24 | $13.3B | $49.0B | ||
| Q2 24 | $12.9B | $45.5B |
负债/权益比LDOSWELL
| Q1 26 | 0.94× | — | ||
| Q4 25 | 0.94× | 0.46× | ||
| Q3 25 | 1.07× | 0.43× | ||
| Q2 25 | 1.18× | 0.44× | ||
| Q1 25 | 0.92× | 0.46× | ||
| Q4 24 | — | 0.49× | ||
| Q3 24 | 0.88× | 0.52× | ||
| Q2 24 | 0.92× | 0.48× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 0.90× | — |
| 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LDOSWELL
| Q1 26 | $495.0M | — | ||
| Q4 25 | — | $654.3M | ||
| Q3 25 | $711.0M | $858.4M | ||
| Q2 25 | $58.0M | $770.0M | ||
| Q1 25 | $299.0M | $599.0M | ||
| Q4 24 | — | $559.2M | ||
| Q3 24 | $656.0M | $685.0M | ||
| Q2 24 | $374.0M | $605.4M |
自由现金流LDOSWELL
| Q1 26 | $452.0M | — | ||
| Q4 25 | — | $340.4M | ||
| Q3 25 | $680.0M | $595.3M | ||
| Q2 25 | $36.0M | $537.2M | ||
| Q1 25 | $213.0M | $358.6M | ||
| Q4 24 | — | $240.4M | ||
| Q3 24 | $633.0M | $443.8M | ||
| Q2 24 | $351.0M | $440.3M |
自由现金流率LDOSWELL
| Q1 26 | 10.8% | — | ||
| Q4 25 | — | 13.3% | ||
| Q3 25 | 16.1% | 28.9% | ||
| Q2 25 | 0.9% | 27.3% | ||
| Q1 25 | 4.9% | 19.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | 15.2% | 29.4% | ||
| Q2 24 | 8.5% | 31.6% |
资本支出强度LDOSWELL
| Q1 26 | 1.0% | — | ||
| Q4 25 | — | 12.3% | ||
| Q3 25 | 0.7% | 12.8% | ||
| Q2 25 | 0.5% | 11.8% | ||
| Q1 25 | 2.0% | 12.9% | ||
| Q4 24 | — | 18.1% | ||
| Q3 24 | 0.6% | 16.0% | ||
| Q2 24 | 0.6% | 11.8% |
现金转化率LDOSWELL
| Q1 26 | 1.51× | — | ||
| Q4 25 | — | 5.56× | ||
| Q3 25 | 1.82× | 3.04× | ||
| Q2 25 | 0.16× | 2.53× | ||
| Q1 25 | 1.05× | 2.33× | ||
| Q4 24 | — | 4.52× | ||
| Q3 24 | 1.80× | 1.50× | ||
| Q2 24 | 1.16× | 2.32× |
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
WELL
| Resident fees and services | $1.9B | 67% |
| Other | $822.6M | 29% |
| Rental income | $103.4M | 4% |
