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LANDS' END, INC.（LE）与Regency Centers（REG）财务数据对比。点击上方公司名可切换其他公司
Regency Centers的季度营收约是LANDS' END, INC.的1.3倍（$404.2M vs $317.5M），Regency Centers净利率更高（50.1% vs 1.6%，领先48.5%），Regency Centers同比增速更快（8.5% vs 0.1%），过去两年Regency Centers的营收复合增速更高（5.4% 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。
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
LE vs REG — 直观对比
营收规模更大
REG
是对方的1.3倍
$317.5M
营收增速更快
REG
高出8.4%
0.1%
净利率更高
REG
高出48.5%
1.6%
两年增速更快
REG
近两年复合增速
-0.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $317.5M | $404.2M |
| 净利润 | $5.2M | $202.5M |
| 毛利率 | 51.8% | — |
| 营业利润率 | 5.3% | 71.0% |
| 净利率 | 1.6% | 50.1% |
| 营收同比 | 0.1% | 8.5% |
| 净利润同比 | 198.3% | 134.1% |
| 每股收益（稀释后） | $0.17 | — |
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LEREG
| Q4 25 | $317.5M | $404.2M | ||
| Q3 25 | — | $387.6M | ||
| Q2 25 | $261.2M | $380.8M | ||
| Q1 25 | — | $380.9M | ||
| Q4 24 | $318.6M | $372.5M | ||
| Q3 24 | $317.2M | $360.3M | ||
| Q2 24 | $285.5M | $357.3M | ||
| Q1 24 | $514.9M | $363.9M |
净利润LEREG
| Q4 25 | $5.2M | $202.5M | ||
| Q3 25 | — | $109.4M | ||
| Q2 25 | $-8.3M | $106.0M | ||
| Q1 25 | — | $109.6M | ||
| Q4 24 | $-593.0K | $86.5M | ||
| Q3 24 | $-5.3M | $101.5M | ||
| Q2 24 | $-6.4M | $102.7M | ||
| Q1 24 | $-8.6M | $109.8M |
毛利率LEREG
| Q4 25 | 51.8% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 50.8% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 50.6% | — | ||
| Q3 24 | 47.9% | — | ||
| Q2 24 | 48.7% | — | ||
| Q1 24 | 38.0% | — |
营业利润率LEREG
| Q4 25 | 5.3% | 71.0% | ||
| Q3 25 | — | 72.7% | ||
| Q2 25 | -0.9% | 73.8% | ||
| Q1 25 | — | 71.8% | ||
| Q4 24 | 2.9% | 71.1% | ||
| Q3 24 | 0.8% | 72.5% | ||
| Q2 24 | 0.8% | 72.3% | ||
| Q1 24 | 1.6% | 72.3% |
净利率LEREG
| Q4 25 | 1.6% | 50.1% | ||
| Q3 25 | — | 28.2% | ||
| Q2 25 | -3.2% | 27.8% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | -0.2% | 23.2% | ||
| Q3 24 | -1.7% | 28.2% | ||
| Q2 24 | -2.3% | 28.7% | ||
| Q1 24 | -1.7% | 30.2% |
每股收益（稀释后）LEREG
| Q4 25 | $0.17 | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-0.27 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-0.02 | — | ||
| Q3 24 | $-0.17 | — | ||
| Q2 24 | $-0.20 | — | ||
| Q1 24 | $-0.27 | — |
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 | — | $4.7B |
| 股东权益账面价值 | $231.0M | $6.9B |
| 总资产 | $852.7M | $13.0B |
| 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LEREG
| 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LEREG
| Q4 25 | — | $4.7B | ||
| Q3 25 | — | $4.9B | ||
| Q2 25 | — | $4.8B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.4B |
股东权益LEREG
| Q4 25 | $231.0M | $6.9B | ||
| Q3 25 | — | $6.8B | ||
| Q2 25 | $230.1M | $6.7B | ||
| Q1 25 | — | $6.7B | ||
| Q4 24 | $223.6M | $6.7B | ||
| Q3 24 | $226.5M | $6.8B | ||
| Q2 24 | $234.6M | $6.8B | ||
| Q1 24 | $241.6M | $7.0B |
总资产LEREG
| Q4 25 | $852.7M | $13.0B | ||
| Q3 25 | — | $13.1B | ||
| Q2 25 | $760.5M | $12.7B | ||
| Q1 25 | — | $12.6B | ||
| Q4 24 | $843.6M | $12.4B | ||
| Q3 24 | $802.5M | $12.4B | ||
| Q2 24 | $800.1M | $12.4B | ||
| Q1 24 | $811.5M | $12.7B |
负债/权益比LEREG
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | — | 0.65× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.63× |
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 | $203.9M |
| 自由现金流经营现金流 - 资本支出 | $-22.4M | — |
| 自由现金流率自由现金流/营收 | -7.1% | — |
| 资本支出强度资本支出/营收 | 2.1% | — |
| 现金转化率经营现金流/净利润 | -3.03× | 1.01× |
| 过去12个月自由现金流最近4个季度 | $-55.0M | — |
8季度趋势，按日历期对齐
经营现金流LEREG
| Q4 25 | $-15.7M | $203.9M | ||
| Q3 25 | — | $218.7M | ||
| Q2 25 | $-22.5M | $244.0M | ||
| Q1 25 | — | $161.0M | ||
| Q4 24 | $-17.1M | $191.4M | ||
| Q3 24 | $30.7M | $227.6M | ||
| Q2 24 | $-25.8M | $203.5M | ||
| Q1 24 | $93.9M | $167.8M |
自由现金流LEREG
| Q4 25 | $-22.4M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-30.7M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-27.8M | — | ||
| Q3 24 | $26.0M | — | ||
| Q2 24 | $-32.6M | — | ||
| Q1 24 | $87.5M | — |
自由现金流率LEREG
| Q4 25 | -7.1% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -11.8% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -8.7% | — | ||
| Q3 24 | 8.2% | — | ||
| Q2 24 | -11.4% | — | ||
| Q1 24 | 17.0% | — |
资本支出强度LEREG
| Q4 25 | 2.1% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.3% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | 1.2% | — |
现金转化率LEREG
| Q4 25 | -3.03× | 1.01× | ||
| Q3 25 | — | 2.00× | ||
| Q2 25 | — | 2.30× | ||
| Q1 25 | — | 1.47× | ||
| Q4 24 | — | 2.21× | ||
| Q3 24 | — | 2.24× | ||
| Q2 24 | — | 1.98× | ||
| Q1 24 | — | 1.53× |
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% |
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
