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LANDS' END, INC.（LE）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
LANDS' END, INC.的季度营收约是通用动力的1.7倍（$317.5M vs $184.5M），通用动力净利率更高（7.0% vs 1.6%，领先5.3%），通用动力同比增速更快（28.6% vs 0.1%），通用动力自由现金流更多（$92.8M vs $-22.4M），过去两年通用动力的营收复合增速更高（38.9% vs -0.9%）
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。
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
LE vs PLOW — 直观对比
营收规模更大
LE
是对方的1.7倍
$184.5M
营收增速更快
PLOW
高出28.5%
0.1%
净利率更高
PLOW
高出5.3%
1.6%
自由现金流更多
PLOW
多$115.3M
$-22.4M
两年增速更快
PLOW
近两年复合增速
-0.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $317.5M | $184.5M |
| 净利润 | $5.2M | $12.8M |
| 毛利率 | 51.8% | 26.1% |
| 营业利润率 | 5.3% | 10.5% |
| 净利率 | 1.6% | 7.0% |
| 营收同比 | 0.1% | 28.6% |
| 净利润同比 | 198.3% | 62.3% |
| 每股收益（稀释后） | $0.17 | $0.54 |
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LEPLOW
| Q4 25 | $317.5M | $184.5M | ||
| Q3 25 | — | $162.1M | ||
| Q2 25 | $261.2M | $194.3M | ||
| Q1 25 | — | $115.1M | ||
| Q4 24 | $318.6M | $143.5M | ||
| Q3 24 | $317.2M | $129.4M | ||
| Q2 24 | $285.5M | $199.9M | ||
| Q1 24 | $514.9M | $95.7M |
净利润LEPLOW
| Q4 25 | $5.2M | $12.8M | ||
| Q3 25 | — | $8.0M | ||
| Q2 25 | $-8.3M | $26.0M | ||
| Q1 25 | — | $148.0K | ||
| Q4 24 | $-593.0K | $7.9M | ||
| Q3 24 | $-5.3M | $32.3M | ||
| Q2 24 | $-6.4M | $24.3M | ||
| Q1 24 | $-8.6M | $-8.4M |
毛利率LEPLOW
| Q4 25 | 51.8% | 26.1% | ||
| Q3 25 | — | 23.5% | ||
| Q2 25 | 50.8% | 31.0% | ||
| Q1 25 | — | 24.5% | ||
| Q4 24 | 50.6% | 24.9% | ||
| Q3 24 | 47.9% | 23.9% | ||
| Q2 24 | 48.7% | 30.7% | ||
| Q1 24 | 38.0% | 19.8% |
营业利润率LEPLOW
| Q4 25 | 5.3% | 10.5% | ||
| Q3 25 | — | 8.7% | ||
| Q2 25 | -0.9% | 19.0% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | 2.9% | 9.0% | ||
| Q3 24 | 0.8% | 35.4% | ||
| Q2 24 | 0.8% | 18.2% | ||
| Q1 24 | 1.6% | -6.7% |
净利率LEPLOW
| Q4 25 | 1.6% | 7.0% | ||
| Q3 25 | — | 4.9% | ||
| Q2 25 | -3.2% | 13.4% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | -0.2% | 5.5% | ||
| Q3 24 | -1.7% | 24.9% | ||
| Q2 24 | -2.3% | 12.2% | ||
| Q1 24 | -1.7% | -8.7% |
每股收益（稀释后）LEPLOW
| Q4 25 | $0.17 | $0.54 | ||
| Q3 25 | — | $0.33 | ||
| Q2 25 | $-0.27 | $1.09 | ||
| Q1 25 | — | $0.00 | ||
| Q4 24 | $-0.02 | $0.35 | ||
| Q3 24 | $-0.17 | $1.36 | ||
| Q2 24 | $-0.20 | $1.02 | ||
| Q1 24 | $-0.27 | $-0.37 |
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 | $36.3M | — |
| 总债务越低越好 | — | $144.0M |
| 股东权益账面价值 | $231.0M | $281.4M |
| 总资产 | $852.7M | $626.7M |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资LEPLOW
| Q4 25 | $36.3M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $18.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $30.4M | — | ||
| Q3 24 | $25.6M | — | ||
| Q2 24 | $27.4M | — | ||
| Q1 24 | $25.3M | — |
总债务LEPLOW
| Q4 25 | — | $144.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $147.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益LEPLOW
| Q4 25 | $231.0M | $281.4M | ||
| Q3 25 | — | $275.3M | ||
| Q2 25 | $230.1M | $273.3M | ||
| Q1 25 | — | $258.9M | ||
| Q4 24 | $223.6M | $264.2M | ||
| Q3 24 | $226.5M | $260.8M | ||
| Q2 24 | $234.6M | $236.7M | ||
| Q1 24 | $241.6M | $217.2M |
总资产LEPLOW
| Q4 25 | $852.7M | $626.7M | ||
| Q3 25 | — | $694.9M | ||
| Q2 25 | $760.5M | $671.5M | ||
| Q1 25 | — | $621.0M | ||
| Q4 24 | $843.6M | $590.0M | ||
| Q3 24 | $802.5M | $665.6M | ||
| Q2 24 | $800.1M | $617.0M | ||
| Q1 24 | $811.5M | $577.1M |
负债/权益比LEPLOW
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.56× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $-22.4M | $92.8M |
| 自由现金流率自由现金流/营收 | -7.1% | 50.3% |
| 资本支出强度资本支出/营收 | 2.1% | 1.7% |
| 现金转化率经营现金流/净利润 | -3.03× | 7.47× |
| 过去12个月自由现金流最近4个季度 | $-55.0M | $63.6M |
8季度趋势，按日历期对齐
经营现金流LEPLOW
| Q4 25 | $-15.7M | $95.9M | ||
| Q3 25 | — | $-8.5M | ||
| Q2 25 | $-22.5M | $-11.4M | ||
| Q1 25 | — | $-1.3M | ||
| Q4 24 | $-17.1M | $74.4M | ||
| Q3 24 | $30.7M | $-14.2M | ||
| Q2 24 | $-25.8M | $2.5M | ||
| Q1 24 | $93.9M | $-21.6M |
自由现金流LEPLOW
| Q4 25 | $-22.4M | $92.8M | ||
| Q3 25 | — | $-11.4M | ||
| Q2 25 | $-30.7M | $-14.3M | ||
| Q1 25 | — | $-3.5M | ||
| Q4 24 | $-27.8M | $70.2M | ||
| Q3 24 | $26.0M | $-15.2M | ||
| Q2 24 | $-32.6M | $836.0K | ||
| Q1 24 | $87.5M | $-22.4M |
自由现金流率LEPLOW
| Q4 25 | -7.1% | 50.3% | ||
| Q3 25 | — | -7.1% | ||
| Q2 25 | -11.8% | -7.4% | ||
| Q1 25 | — | -3.0% | ||
| Q4 24 | -8.7% | 48.9% | ||
| Q3 24 | 8.2% | -11.8% | ||
| Q2 24 | -11.4% | 0.4% | ||
| Q1 24 | 17.0% | -23.4% |
资本支出强度LEPLOW
| Q4 25 | 2.1% | 1.7% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | 3.2% | 1.5% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | 3.3% | 2.9% | ||
| Q3 24 | 1.5% | 0.8% | ||
| Q2 24 | 2.4% | 0.8% | ||
| Q1 24 | 1.2% | 0.8% |
现金转化率LEPLOW
| Q4 25 | -3.03× | 7.47× | ||
| Q3 25 | — | -1.07× | ||
| Q2 25 | — | -0.44× | ||
| Q1 25 | — | -9.03× | ||
| Q4 24 | — | 9.41× | ||
| Q3 24 | — | -0.44× | ||
| Q2 24 | — | 0.10× | ||
| Q1 24 | — | — |
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% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
