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李尔公司（LEA）与维萨（V）财务数据对比。点击上方公司名可切换其他公司
维萨的季度营收约是李尔公司的1.9倍（$11.2B vs $6.0B），维萨净利率更高（53.4% vs 1.4%，领先52.0%），维萨同比增速更快（17.0% vs 4.8%），过去两年维萨的营收复合增速更高（12.3% vs -0.1%）
李尔公司是美国知名汽车零部件供应商，核心业务涵盖汽车座椅及电气系统的研发、生产与销售。公司曾位列2018年《财富》世界500强第148位，2019年升至第147位，在全球汽车供应链领域拥有突出的市场地位与品牌影响力。
维萨（Visa Inc.）是总部位于美国加利福尼亚州旧金山的跨国支付卡服务企业，业务覆盖全球电子资金转账领域，旗下拥有Visa品牌的信用卡、借记卡、预付卡等多条产品线，为全球消费者及商户提供安全便捷的电子支付解决方案。
LEA vs V — 直观对比
营收规模更大
V
是对方的1.9倍
$6.0B
营收增速更快
V
高出12.2%
4.8%
净利率更高
V
高出52.0%
1.4%
两年增速更快
V
近两年复合增速
-0.1%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $11.2B |
| 净利润 | $82.7M | $6.0B |
| 毛利率 | 5.7% | — |
| 营业利润率 | 2.6% | 64.4% |
| 净利率 | 1.4% | 53.4% |
| 营收同比 | 4.8% | 17.0% |
| 净利润同比 | -6.1% | 32.0% |
| 每股收益（稀释后） | $1.58 | — |
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LEAV
| Q2 26 | — | $11.2B | ||
| Q4 25 | $6.0B | $10.9B | ||
| Q3 25 | $5.7B | $10.7B | ||
| Q2 25 | $6.0B | $10.2B | ||
| Q1 25 | $5.6B | $9.6B | ||
| Q4 24 | $5.7B | $9.5B | ||
| Q3 24 | $5.6B | $9.6B | ||
| Q2 24 | $6.0B | $8.9B |
净利润LEAV
| Q2 26 | — | $6.0B | ||
| Q4 25 | $82.7M | $5.9B | ||
| Q3 25 | $108.2M | $5.1B | ||
| Q2 25 | $165.2M | $5.3B | ||
| Q1 25 | $80.7M | $4.6B | ||
| Q4 24 | $88.1M | $5.1B | ||
| Q3 24 | $135.8M | $5.3B | ||
| Q2 24 | $173.1M | $4.9B |
毛利率LEAV
| Q2 26 | — | — | ||
| Q4 25 | 5.7% | — | ||
| Q3 25 | 6.4% | — | ||
| Q2 25 | 7.3% | — | ||
| Q1 25 | 6.5% | — | ||
| Q4 24 | 6.8% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 7.5% | — |
营业利润率LEAV
| Q2 26 | — | 64.4% | ||
| Q4 25 | 2.6% | 61.8% | ||
| Q3 25 | 3.4% | 57.3% | ||
| Q2 25 | 4.1% | 60.7% | ||
| Q1 25 | 3.3% | 56.6% | ||
| Q4 24 | 3.7% | 65.6% | ||
| Q3 24 | 3.9% | 66.0% | ||
| Q2 24 | 4.3% | 66.7% |
净利率LEAV
| Q2 26 | — | 53.4% | ||
| Q4 25 | 1.4% | 53.7% | ||
| Q3 25 | 1.9% | 47.5% | ||
| Q2 25 | 2.7% | 51.8% | ||
| Q1 25 | 1.5% | 47.7% | ||
| Q4 24 | 1.5% | 53.8% | ||
| Q3 24 | 2.4% | 55.3% | ||
| Q2 24 | 2.9% | 54.7% |
每股收益（稀释后）LEAV
| Q2 26 | — | — | ||
| Q4 25 | $1.58 | — | ||
| Q3 25 | $2.02 | — | ||
| Q2 25 | $3.06 | — | ||
| Q1 25 | $1.49 | — | ||
| Q4 24 | $1.64 | — | ||
| Q3 24 | $2.41 | — | ||
| Q2 24 | $3.02 | — |
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 | $1.0B | $12.4B |
| 总债务越低越好 | $2.7B | $22.4B |
| 股东权益账面价值 | $5.0B | $35.7B |
| 总资产 | $14.8B | $95.0B |
| 负债/权益比越低杠杆越低 | 0.54× | 0.63× |
8季度趋势，按日历期对齐
现金及短期投资LEAV
| Q2 26 | — | $12.4B | ||
| Q4 25 | $1.0B | $14.8B | ||
| Q3 25 | $1.0B | $17.2B | ||
| Q2 25 | $887.9M | $17.1B | ||
| Q1 25 | $779.9M | $11.7B | ||
| Q4 24 | $1.1B | $12.4B | ||
| Q3 24 | $763.9M | $12.0B | ||
| Q2 24 | $950.3M | $12.9B |
总债务LEAV
| Q2 26 | — | $22.4B | ||
| Q4 25 | $2.7B | — | ||
| Q3 25 | $2.8B | — | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.8B | — | ||
| Q2 24 | $2.7B | — |
股东权益LEAV
| Q2 26 | — | $35.7B | ||
| Q4 25 | $5.0B | $38.8B | ||
| Q3 25 | $5.1B | $37.9B | ||
| Q2 25 | $5.1B | $38.7B | ||
| Q1 25 | $4.7B | $38.0B | ||
| Q4 24 | $4.5B | $38.3B | ||
| Q3 24 | $4.8B | $39.1B | ||
| Q2 24 | $4.8B | $39.7B |
总资产LEAV
| Q2 26 | — | $95.0B | ||
| Q4 25 | $14.8B | $96.8B | ||
| Q3 25 | $15.2B | $99.6B | ||
| Q2 25 | $15.3B | $100.0B | ||
| Q1 25 | $14.6B | $92.9B | ||
| Q4 24 | $14.0B | $91.9B | ||
| Q3 24 | $14.8B | $94.5B | ||
| Q2 24 | $14.7B | $91.0B |
负债/权益比LEAV
| Q2 26 | — | 0.63× | ||
| Q4 25 | 0.54× | — | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | 0.54× | — | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | 0.61× | — | ||
| Q3 24 | 0.58× | — | ||
| Q2 24 | 0.57× | — |
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 | $475.9M | — |
| 自由现金流经营现金流 - 资本支出 | $281.1M | — |
| 自由现金流率自由现金流/营收 | 4.7% | — |
| 资本支出强度资本支出/营收 | 3.3% | — |
| 现金转化率经营现金流/净利润 | 5.75× | — |
| 过去12个月自由现金流最近4个季度 | $527.2M | — |
8季度趋势，按日历期对齐
经营现金流LEAV
| Q2 26 | — | — | ||
| Q4 25 | $475.9M | $6.8B | ||
| Q3 25 | $444.4M | $6.2B | ||
| Q2 25 | $296.2M | $6.7B | ||
| Q1 25 | $-127.7M | $4.7B | ||
| Q4 24 | $680.8M | $5.4B | ||
| Q3 24 | $182.7M | $6.7B | ||
| Q2 24 | $291.2M | $5.1B |
自由现金流LEAV
| Q2 26 | — | — | ||
| Q4 25 | $281.1M | $6.4B | ||
| Q3 25 | $307.0M | $5.8B | ||
| Q2 25 | $170.8M | $6.3B | ||
| Q1 25 | $-231.7M | $4.4B | ||
| Q4 24 | $488.7M | $5.1B | ||
| Q3 24 | $50.5M | $6.4B | ||
| Q2 24 | $170.4M | $4.7B |
自由现金流率LEAV
| Q2 26 | — | — | ||
| Q4 25 | 4.7% | 58.7% | ||
| Q3 25 | 5.4% | 54.5% | ||
| Q2 25 | 2.8% | 62.0% | ||
| Q1 25 | -4.2% | 45.5% | ||
| Q4 24 | 8.6% | 53.1% | ||
| Q3 24 | 0.9% | 66.1% | ||
| Q2 24 | 2.8% | 53.2% |
资本支出强度LEAV
| Q2 26 | — | — | ||
| Q4 25 | 3.3% | 3.5% | ||
| Q3 25 | 2.4% | 3.6% | ||
| Q2 25 | 2.1% | 4.1% | ||
| Q1 25 | 1.9% | 3.4% | ||
| Q4 24 | 3.4% | 3.6% | ||
| Q3 24 | 2.4% | 3.2% | ||
| Q2 24 | 2.0% | 4.5% |
现金转化率LEAV
| Q2 26 | — | — | ||
| Q4 25 | 5.75× | 1.16× | ||
| Q3 25 | 4.11× | 1.23× | ||
| Q2 25 | 1.79× | 1.28× | ||
| Q1 25 | -1.58× | 1.03× | ||
| Q4 24 | 7.73× | 1.05× | ||
| Q3 24 | 1.35× | 1.25× | ||
| Q2 24 | 1.68× | 1.05× |
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
LEA
| Other | $3.5B | 59% |
| Seating Segment | $1.9B | 32% |
| E Systems Segment | $520.6M | 9% |
V
| Data processing revenue | $5.5B | 49% |
| International transaction revenue | $3.6B | 32% |
| Other revenue | $1.3B | 12% |
| Other | $736.0M | 7% |
