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LANDS' END, INC.（LE）与迈心诺（MASI）财务数据对比。点击上方公司名可切换其他公司
迈心诺的季度营收约是LANDS' END, INC.的1.2倍（$371.5M vs $317.5M），LANDS' END, INC.净利率更高（1.6% vs -27.0%，领先28.7%），LANDS' END, INC.同比增速更快（0.1% vs -26.4%），迈心诺自由现金流更多（$50.9M vs $-22.4M），过去两年LANDS' END, INC.的营收复合增速更高（-0.9% vs -17.7%）
Lands' End是1963年诞生于美国芝加哥的服饰零售品牌，最初以邮购游艇用品起家，目前业务拓展至服饰、箱包与家居用品领域。截至2024年2月，品牌在美国本土共开设26家门店，总部位于威斯康星州道奇维尔。品牌名源自地名兰兹角，因创立时印刷错了撇号位置又无力重印，错拼的名称便沿用至今。
迈心诺（Masimo Corporation）是总部位于美国加利福尼亚州尔湾的健康科技及消费电子企业，核心产品包括面向医院及家用场景的患者监护设备、无创传感器及配套软件平台，同时也布局了消费级音频和可穿戴设备赛道。
LE vs MASI — 直观对比
营收规模更大
MASI
是对方的1.2倍
$317.5M
营收增速更快
LE
高出26.5%
-26.4%
净利率更高
LE
高出28.7%
-27.0%
自由现金流更多
MASI
多$73.3M
$-22.4M
两年增速更快
LE
近两年复合增速
-17.7%
损益表 — Q3 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $317.5M | $371.5M |
| 净利润 | $5.2M | $-100.4M |
| 毛利率 | 51.8% | 62.1% |
| 营业利润率 | 5.3% | 22.5% |
| 净利率 | 1.6% | -27.0% |
| 营收同比 | 0.1% | -26.4% |
| 净利润同比 | 198.3% | -1124.5% |
| 每股收益（稀释后） | $0.17 | $-1.84 |
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LEMASI
| Q4 25 | $317.5M | — | ||
| Q3 25 | — | $371.5M | ||
| Q2 25 | $261.2M | $370.9M | ||
| Q1 25 | — | $372.0M | ||
| Q4 24 | $318.6M | $600.7M | ||
| Q3 24 | $317.2M | $504.6M | ||
| Q2 24 | $285.5M | $496.3M | ||
| Q1 24 | $514.9M | $492.8M |
净利润LEMASI
| Q4 25 | $5.2M | — | ||
| Q3 25 | — | $-100.4M | ||
| Q2 25 | $-8.3M | $51.3M | ||
| Q1 25 | — | $-170.7M | ||
| Q4 24 | $-593.0K | $-349.6M | ||
| Q3 24 | $-5.3M | $9.8M | ||
| Q2 24 | $-6.4M | $16.0M | ||
| Q1 24 | $-8.6M | $18.9M |
毛利率LEMASI
| Q4 25 | 51.8% | — | ||
| Q3 25 | — | 62.1% | ||
| Q2 25 | 50.8% | 62.9% | ||
| Q1 25 | — | 62.9% | ||
| Q4 24 | 50.6% | 40.7% | ||
| Q3 24 | 47.9% | 52.2% | ||
| Q2 24 | 48.7% | 51.3% | ||
| Q1 24 | 38.0% | 49.0% |
营业利润率LEMASI
| Q4 25 | 5.3% | — | ||
| Q3 25 | — | 22.5% | ||
| Q2 25 | -0.9% | 17.4% | ||
| Q1 25 | — | 21.0% | ||
| Q4 24 | 2.9% | -59.8% | ||
| Q3 24 | 0.8% | 6.0% | ||
| Q2 24 | 0.8% | 5.7% | ||
| Q1 24 | 1.6% | 6.9% |
净利率LEMASI
| Q4 25 | 1.6% | — | ||
| Q3 25 | — | -27.0% | ||
| Q2 25 | -3.2% | 13.8% | ||
| Q1 25 | — | -45.9% | ||
| Q4 24 | -0.2% | -58.2% | ||
| Q3 24 | -1.7% | 1.9% | ||
| Q2 24 | -2.3% | 3.2% | ||
| Q1 24 | -1.7% | 3.8% |
每股收益（稀释后）LEMASI
| Q4 25 | $0.17 | — | ||
| Q3 25 | — | $-1.84 | ||
| Q2 25 | $-0.27 | $0.94 | ||
| Q1 25 | — | $-3.12 | ||
| Q4 24 | $-0.02 | $-6.54 | ||
| Q3 24 | $-0.17 | $0.18 | ||
| Q2 24 | $-0.20 | $0.29 | ||
| Q1 24 | $-0.27 | $0.35 |
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 | $36.3M | $312.3M |
| 总债务越低越好 | — | $559.1M |
| 股东权益账面价值 | $231.0M | $810.0M |
| 总资产 | $852.7M | $1.8B |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资LEMASI
| Q4 25 | $36.3M | — | ||
| Q3 25 | — | $312.3M | ||
| Q2 25 | $18.1M | $149.6M | ||
| Q1 25 | — | $130.8M | ||
| Q4 24 | $30.4M | $177.6M | ||
| Q3 24 | $25.6M | $158.5M | ||
| Q2 24 | $27.4M | $129.6M | ||
| Q1 24 | $25.3M | $157.6M |
总债务LEMASI
| Q4 25 | — | — | ||
| Q3 25 | — | $559.1M | ||
| Q2 25 | — | $613.7M | ||
| Q1 25 | — | $651.0M | ||
| Q4 24 | — | $765.2M | ||
| Q3 24 | — | $772.6M | ||
| Q2 24 | — | $781.6M | ||
| Q1 24 | — | $876.0M |
股东权益LEMASI
| Q4 25 | $231.0M | — | ||
| Q3 25 | — | $810.0M | ||
| Q2 25 | $230.1M | $1.0B | ||
| Q1 25 | — | $946.4M | ||
| Q4 24 | $223.6M | $1.1B | ||
| Q3 24 | $226.5M | $1.5B | ||
| Q2 24 | $234.6M | $1.4B | ||
| Q1 24 | $241.6M | $1.4B |
总资产LEMASI
| Q4 25 | $852.7M | — | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | $760.5M | $2.4B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | $843.6M | $2.6B | ||
| Q3 24 | $802.5M | $3.1B | ||
| Q2 24 | $800.1M | $2.9B | ||
| Q1 24 | $811.5M | $3.0B |
负债/权益比LEMASI
| Q4 25 | — | — | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.59× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | 0.57× | ||
| Q1 24 | — | 0.64× |
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 | $-15.7M | $56.8M |
| 自由现金流经营现金流 - 资本支出 | $-22.4M | $50.9M |
| 自由现金流率自由现金流/营收 | -7.1% | 13.7% |
| 资本支出强度资本支出/营收 | 2.1% | 1.6% |
| 现金转化率经营现金流/净利润 | -3.03× | — |
| 过去12个月自由现金流最近4个季度 | $-55.0M | $191.0M |
8季度趋势，按日历期对齐
经营现金流LEMASI
| Q4 25 | $-15.7M | — | ||
| Q3 25 | — | $56.8M | ||
| Q2 25 | $-22.5M | $69.4M | ||
| Q1 25 | — | $31.1M | ||
| Q4 24 | $-17.1M | $50.5M | ||
| Q3 24 | $30.7M | $25.6M | ||
| Q2 24 | $-25.8M | $74.5M | ||
| Q1 24 | $93.9M | $45.8M |
自由现金流LEMASI
| Q4 25 | $-22.4M | — | ||
| Q3 25 | — | $50.9M | ||
| Q2 25 | $-30.7M | $65.6M | ||
| Q1 25 | — | $28.5M | ||
| Q4 24 | $-27.8M | $46.0M | ||
| Q3 24 | $26.0M | $16.9M | ||
| Q2 24 | $-32.6M | $66.9M | ||
| Q1 24 | $87.5M | $37.6M |
自由现金流率LEMASI
| Q4 25 | -7.1% | — | ||
| Q3 25 | — | 13.7% | ||
| Q2 25 | -11.8% | 17.7% | ||
| Q1 25 | — | 7.7% | ||
| Q4 24 | -8.7% | 7.7% | ||
| Q3 24 | 8.2% | 3.3% | ||
| Q2 24 | -11.4% | 13.5% | ||
| Q1 24 | 17.0% | 7.6% |
资本支出强度LEMASI
| Q4 25 | 2.1% | — | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | 3.2% | 1.0% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | 3.3% | 0.7% | ||
| Q3 24 | 1.5% | 1.7% | ||
| Q2 24 | 2.4% | 1.5% | ||
| Q1 24 | 1.2% | 1.7% |
现金转化率LEMASI
| Q4 25 | -3.03× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.35× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.61× | ||
| Q2 24 | — | 4.66× | ||
| Q1 24 | — | 2.42× |
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
LE
| U Se Commerce | $179.8M | 57% |
| Business Outfitters Revenue | $78.8M | 25% |
| Licensing And Retail | $20.2M | 6% |
| Other | $19.8M | 6% |
| Third Party | $18.9M | 6% |
MASI
暂无分部数据
