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LANDS' END, INC.（LE）与Tecnoglass Inc.（TGLS）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Tecnoglass Inc.的1.3倍（$317.5M vs $245.3M），Tecnoglass Inc.净利率更高（10.6% vs 1.6%，领先9.0%），Tecnoglass Inc.同比增速更快（2.4% vs 0.1%），Tecnoglass Inc.自由现金流更多（$11.4M vs $-22.4M），过去两年Tecnoglass Inc.的营收复合增速更高（12.8% 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。
Tecnoglass Inc.是一家领先的建筑玻璃、铝制门窗及相关建材生产商，主要服务北美及拉美地区的住宅和商业建筑领域，为新建及翻新项目提供定制化、高能效的建筑解决方案。
LE vs TGLS — 直观对比
营收规模更大
LE
是对方的1.3倍
$245.3M
营收增速更快
TGLS
高出2.3%
0.1%
净利率更高
TGLS
高出9.0%
1.6%
自由现金流更多
TGLS
多$33.9M
$-22.4M
两年增速更快
TGLS
近两年复合增速
-0.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $317.5M | $245.3M |
| 净利润 | $5.2M | $26.1M |
| 毛利率 | 51.8% | 40.0% |
| 营业利润率 | 5.3% | 18.3% |
| 净利率 | 1.6% | 10.6% |
| 营收同比 | 0.1% | 2.4% |
| 净利润同比 | 198.3% | -44.5% |
| 每股收益（稀释后） | $0.17 | $0.57 |
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LETGLS
| Q4 25 | $317.5M | $245.3M | ||
| Q3 25 | — | $260.5M | ||
| Q2 25 | $261.2M | $255.5M | ||
| Q1 25 | — | $222.3M | ||
| Q4 24 | $318.6M | $239.6M | ||
| Q3 24 | $317.2M | $238.3M | ||
| Q2 24 | $285.5M | $219.7M | ||
| Q1 24 | $514.9M | $192.6M |
净利润LETGLS
| Q4 25 | $5.2M | $26.1M | ||
| Q3 25 | — | $47.2M | ||
| Q2 25 | $-8.3M | $44.1M | ||
| Q1 25 | — | $42.2M | ||
| Q4 24 | $-593.0K | $47.0M | ||
| Q3 24 | $-5.3M | $49.5M | ||
| Q2 24 | $-6.4M | $35.0M | ||
| Q1 24 | $-8.6M | $29.7M |
毛利率LETGLS
| Q4 25 | 51.8% | 40.0% | ||
| Q3 25 | — | 42.7% | ||
| Q2 25 | 50.8% | 44.7% | ||
| Q1 25 | — | 43.9% | ||
| Q4 24 | 50.6% | 44.5% | ||
| Q3 24 | 47.9% | 45.8% | ||
| Q2 24 | 48.7% | 40.8% | ||
| Q1 24 | 38.0% | 38.8% |
营业利润率LETGLS
| Q4 25 | 5.3% | 18.3% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | -0.9% | 24.0% | ||
| Q1 25 | — | 26.7% | ||
| Q4 24 | 2.9% | 28.0% | ||
| Q3 24 | 0.8% | 28.4% | ||
| Q2 24 | 0.8% | 23.3% | ||
| Q1 24 | 1.6% | 21.3% |
净利率LETGLS
| Q4 25 | 1.6% | 10.6% | ||
| Q3 25 | — | 18.1% | ||
| Q2 25 | -3.2% | 17.3% | ||
| Q1 25 | — | 19.0% | ||
| Q4 24 | -0.2% | 19.6% | ||
| Q3 24 | -1.7% | 20.8% | ||
| Q2 24 | -2.3% | 15.9% | ||
| Q1 24 | -1.7% | 15.4% |
每股收益（稀释后）LETGLS
| Q4 25 | $0.17 | $0.57 | ||
| Q3 25 | — | $1.01 | ||
| Q2 25 | $-0.27 | $0.94 | ||
| Q1 25 | — | $0.90 | ||
| Q4 24 | $-0.02 | $1.00 | ||
| Q3 24 | $-0.17 | $1.05 | ||
| Q2 24 | $-0.20 | $0.75 | ||
| Q1 24 | $-0.27 | $0.63 |
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 | $104.1M |
| 总债务越低越好 | — | $174.4M |
| 股东权益账面价值 | $231.0M | $713.1M |
| 总资产 | $852.7M | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资LETGLS
| Q4 25 | $36.3M | $104.1M | ||
| Q3 25 | — | $127.1M | ||
| Q2 25 | $18.1M | $140.9M | ||
| Q1 25 | — | $160.2M | ||
| Q4 24 | $30.4M | $137.5M | ||
| Q3 24 | $25.6M | $124.8M | ||
| Q2 24 | $27.4M | $129.5M | ||
| Q1 24 | $25.3M | $138.8M |
总债务LETGLS
| Q4 25 | — | $174.4M | ||
| Q3 25 | — | $114.7M | ||
| Q2 25 | — | $110.6M | ||
| Q1 25 | — | $110.6M | ||
| Q4 24 | — | $111.1M | ||
| Q3 24 | — | $126.8M | ||
| Q2 24 | — | $144.7M | ||
| Q1 24 | — | $160.9M |
股东权益LETGLS
| Q4 25 | $231.0M | $713.1M | ||
| Q3 25 | — | $764.0M | ||
| Q2 25 | $230.1M | $736.0M | ||
| Q1 25 | — | $685.1M | ||
| Q4 24 | $223.6M | $631.2M | ||
| Q3 24 | $226.5M | $613.3M | ||
| Q2 24 | $234.6M | $574.8M | ||
| Q1 24 | $241.6M | $573.6M |
总资产LETGLS
| Q4 25 | $852.7M | $1.3B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | $760.5M | $1.2B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $843.6M | $1.0B | ||
| Q3 24 | $802.5M | $996.3M | ||
| Q2 24 | $800.1M | $942.5M | ||
| Q1 24 | $811.5M | $981.6M |
负债/权益比LETGLS
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.25× | ||
| Q1 24 | — | 0.28× |
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 | $31.0M |
| 自由现金流经营现金流 - 资本支出 | $-22.4M | $11.4M |
| 自由现金流率自由现金流/营收 | -7.1% | 4.7% |
| 资本支出强度资本支出/营收 | 2.1% | 8.0% |
| 现金转化率经营现金流/净利润 | -3.03× | 1.19× |
| 过去12个月自由现金流最近4个季度 | $-55.0M | $34.5M |
8季度趋势，按日历期对齐
经营现金流LETGLS
| Q4 25 | $-15.7M | $31.0M | ||
| Q3 25 | — | $40.0M | ||
| Q2 25 | $-22.5M | $17.9M | ||
| Q1 25 | — | $46.9M | ||
| Q4 24 | $-17.1M | $61.1M | ||
| Q3 24 | $30.7M | $41.5M | ||
| Q2 24 | $-25.8M | $34.5M | ||
| Q1 24 | $93.9M | $33.4M |
自由现金流LETGLS
| Q4 25 | $-22.4M | $11.4M | ||
| Q3 25 | — | $21.2M | ||
| Q2 25 | $-30.7M | $-14.7M | ||
| Q1 25 | — | $16.5M | ||
| Q4 24 | $-27.8M | $35.4M | ||
| Q3 24 | $26.0M | $17.8M | ||
| Q2 24 | $-32.6M | $14.2M | ||
| Q1 24 | $87.5M | $23.6M |
自由现金流率LETGLS
| Q4 25 | -7.1% | 4.7% | ||
| Q3 25 | — | 8.2% | ||
| Q2 25 | -11.8% | -5.7% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | -8.7% | 14.8% | ||
| Q3 24 | 8.2% | 7.5% | ||
| Q2 24 | -11.4% | 6.5% | ||
| Q1 24 | 17.0% | 12.2% |
资本支出强度LETGLS
| Q4 25 | 2.1% | 8.0% | ||
| Q3 25 | — | 7.2% | ||
| Q2 25 | 3.2% | 12.7% | ||
| Q1 25 | — | 13.7% | ||
| Q4 24 | 3.3% | 10.7% | ||
| Q3 24 | 1.5% | 9.9% | ||
| Q2 24 | 2.4% | 9.2% | ||
| Q1 24 | 1.2% | 5.1% |
现金转化率LETGLS
| Q4 25 | -3.03× | 1.19× | ||
| Q3 25 | — | 0.85× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 1.11× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 0.84× | ||
| Q2 24 | — | 0.98× | ||
| Q1 24 | — | 1.13× |
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% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
