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LANDS' END, INC.（LE）与WillScot Holdings Corp（WSC）财务数据对比。点击上方公司名可切换其他公司
WillScot Holdings Corp的季度营收约是LANDS' END, INC.的1.8倍（$566.0M vs $317.5M），LANDS' END, INC.净利率更高（1.6% vs -33.1%，领先34.7%），LANDS' END, INC.同比增速更快（0.1% vs -6.1%），WillScot Holdings Corp自由现金流更多（$149.7M vs $-22.4M），过去两年LANDS' END, INC.的营收复合增速更高（-0.9% vs -1.8%）
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。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
LE vs WSC — 直观对比
营收规模更大
WSC
是对方的1.8倍
$317.5M
营收增速更快
LE
高出6.2%
-6.1%
净利率更高
LE
高出34.7%
-33.1%
自由现金流更多
WSC
多$172.2M
$-22.4M
两年增速更快
LE
近两年复合增速
-1.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $317.5M | $566.0M |
| 净利润 | $5.2M | $-187.3M |
| 毛利率 | 51.8% | 50.4% |
| 营业利润率 | 5.3% | -32.5% |
| 净利率 | 1.6% | -33.1% |
| 营收同比 | 0.1% | -6.1% |
| 净利润同比 | 198.3% | -310.0% |
| 每股收益（稀释后） | $0.17 | $-1.02 |
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LEWSC
| Q4 25 | $317.5M | $566.0M | ||
| Q3 25 | — | $566.8M | ||
| Q2 25 | $261.2M | $589.1M | ||
| Q1 25 | — | $559.6M | ||
| Q4 24 | $318.6M | $602.5M | ||
| Q3 24 | $317.2M | $601.4M | ||
| Q2 24 | $285.5M | $604.6M | ||
| Q1 24 | $514.9M | $587.2M |
净利润LEWSC
| Q4 25 | $5.2M | $-187.3M | ||
| Q3 25 | — | $43.3M | ||
| Q2 25 | $-8.3M | $47.9M | ||
| Q1 25 | — | $43.1M | ||
| Q4 24 | $-593.0K | $89.2M | ||
| Q3 24 | $-5.3M | $-70.5M | ||
| Q2 24 | $-6.4M | $-46.9M | ||
| Q1 24 | $-8.6M | $56.2M |
毛利率LEWSC
| Q4 25 | 51.8% | 50.4% | ||
| Q3 25 | — | 49.7% | ||
| Q2 25 | 50.8% | 50.3% | ||
| Q1 25 | — | 53.7% | ||
| Q4 24 | 50.6% | 55.8% | ||
| Q3 24 | 47.9% | 53.5% | ||
| Q2 24 | 48.7% | 54.1% | ||
| Q1 24 | 38.0% | 54.0% |
营业利润率LEWSC
| Q4 25 | 5.3% | -32.5% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | -0.9% | 21.5% | ||
| Q1 25 | — | 21.3% | ||
| Q4 24 | 2.9% | 28.9% | ||
| Q3 24 | 0.8% | -5.9% | ||
| Q2 24 | 0.8% | -0.9% | ||
| Q1 24 | 1.6% | 22.1% |
净利率LEWSC
| Q4 25 | 1.6% | -33.1% | ||
| Q3 25 | — | 7.6% | ||
| Q2 25 | -3.2% | 8.1% | ||
| Q1 25 | — | 7.7% | ||
| Q4 24 | -0.2% | 14.8% | ||
| Q3 24 | -1.7% | -11.7% | ||
| Q2 24 | -2.3% | -7.7% | ||
| Q1 24 | -1.7% | 9.6% |
每股收益（稀释后）LEWSC
| Q4 25 | $0.17 | $-1.02 | ||
| Q3 25 | — | $0.24 | ||
| Q2 25 | $-0.27 | $0.26 | ||
| Q1 25 | — | $0.23 | ||
| Q4 24 | $-0.02 | $0.48 | ||
| Q3 24 | $-0.17 | $-0.37 | ||
| Q2 24 | $-0.20 | $-0.25 | ||
| Q1 24 | $-0.27 | $0.29 |
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 | $14.6M |
| 总债务越低越好 | — | $3.6B |
| 股东权益账面价值 | $231.0M | $856.3M |
| 总资产 | $852.7M | $5.8B |
| 负债/权益比越低杠杆越低 | — | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资LEWSC
| Q4 25 | $36.3M | $14.6M | ||
| Q3 25 | — | $14.8M | ||
| Q2 25 | $18.1M | $12.8M | ||
| Q1 25 | — | $10.7M | ||
| Q4 24 | $30.4M | $9.0M | ||
| Q3 24 | $25.6M | $11.0M | ||
| Q2 24 | $27.4M | $5.9M | ||
| Q1 24 | $25.3M | $13.1M |
总债务LEWSC
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | — | $3.5B |
股东权益LEWSC
| Q4 25 | $231.0M | $856.3M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | $230.1M | $1.0B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $223.6M | $1.0B | ||
| Q3 24 | $226.5M | $1.1B | ||
| Q2 24 | $234.6M | $1.2B | ||
| Q1 24 | $241.6M | $1.3B |
总资产LEWSC
| Q4 25 | $852.7M | $5.8B | ||
| Q3 25 | — | $6.1B | ||
| Q2 25 | $760.5M | $6.1B | ||
| Q1 25 | — | $6.0B | ||
| Q4 24 | $843.6M | $6.0B | ||
| Q3 24 | $802.5M | $6.0B | ||
| Q2 24 | $800.1M | $6.0B | ||
| Q1 24 | $811.5M | $6.2B |
负债/权益比LEWSC
| Q4 25 | — | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | — | 3.42× | ||
| Q2 24 | — | 2.88× | ||
| Q1 24 | — | 2.63× |
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 | $158.9M |
| 自由现金流经营现金流 - 资本支出 | $-22.4M | $149.7M |
| 自由现金流率自由现金流/营收 | -7.1% | 26.5% |
| 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 | $737.7M |
8季度趋势，按日历期对齐
经营现金流LEWSC
| Q4 25 | $-15.7M | $158.9M | ||
| Q3 25 | — | $191.2M | ||
| Q2 25 | $-22.5M | $205.3M | ||
| Q1 25 | — | $206.6M | ||
| Q4 24 | $-17.1M | $178.9M | ||
| Q3 24 | $30.7M | $-1.6M | ||
| Q2 24 | $-25.8M | $175.6M | ||
| Q1 24 | $93.9M | $208.7M |
自由现金流LEWSC
| Q4 25 | $-22.4M | $149.7M | ||
| Q3 25 | — | $186.9M | ||
| Q2 25 | $-30.7M | $199.0M | ||
| Q1 25 | — | $202.0M | ||
| Q4 24 | $-27.8M | $176.6M | ||
| Q3 24 | $26.0M | $-4.9M | ||
| Q2 24 | $-32.6M | $169.4M | ||
| Q1 24 | $87.5M | $202.1M |
自由现金流率LEWSC
| Q4 25 | -7.1% | 26.5% | ||
| Q3 25 | — | 33.0% | ||
| Q2 25 | -11.8% | 33.8% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | -8.7% | 29.3% | ||
| Q3 24 | 8.2% | -0.8% | ||
| Q2 24 | -11.4% | 28.0% | ||
| Q1 24 | 17.0% | 34.4% |
资本支出强度LEWSC
| Q4 25 | 2.1% | 1.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | 3.2% | 1.1% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | 3.3% | 0.4% | ||
| Q3 24 | 1.5% | 0.6% | ||
| Q2 24 | 2.4% | 1.0% | ||
| Q1 24 | 1.2% | 1.1% |
现金转化率LEWSC
| Q4 25 | -3.03× | — | ||
| Q3 25 | — | 4.41× | ||
| Q2 25 | — | 4.28× | ||
| Q1 25 | — | 4.80× | ||
| Q4 24 | — | 2.01× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
