vs
礼恩派（LEG）与Primo Brands Corp（PRMB）财务数据对比。点击上方公司名可切换其他公司
Primo Brands Corp的季度营收约是礼恩派的1.7倍（$1.6B vs $938.6M），礼恩派净利率更高（2.7% vs -0.8%，领先3.5%），礼恩派自由现金流更多（$101.9M vs $57.3M）
礼恩派（Leggett & Platt）总部位于美国密苏里州迦太基，是一家多元化制造企业，成立于1883年。公司专注于设计生产各类工程组件及产品，广泛应用于家居与汽车领域。目前旗下设有15个业务单元，在全球18个国家拥有135座生产工厂，员工总数达2万名。
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
LEG vs PRMB — 直观对比
营收规模更大
PRMB
是对方的1.7倍
$938.6M
净利率更高
LEG
高出3.5%
-0.8%
自由现金流更多
LEG
多$44.6M
$57.3M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $938.6M | $1.6B |
| 净利润 | $25.1M | $-13.0M |
| 毛利率 | 17.9% | 27.7% |
| 营业利润率 | 2.0% | 1.2% |
| 净利率 | 2.7% | -0.8% |
| 营收同比 | -11.2% | — |
| 净利润同比 | 76.8% | — |
| 每股收益（稀释后） | $0.18 | $-0.03 |
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LEGPRMB
| Q4 25 | $938.6M | $1.6B | ||
| Q3 25 | $1.0B | $1.8B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $1.0B | $1.6B | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | $0 | ||
| Q2 24 | $1.1B | $1.3B | ||
| Q1 24 | $1.1B | $1.1B |
净利润LEGPRMB
| Q4 25 | $25.1M | $-13.0M | ||
| Q3 25 | $127.1M | $16.8M | ||
| Q2 25 | $52.5M | $27.6M | ||
| Q1 25 | $30.6M | $28.7M | ||
| Q4 24 | $14.2M | — | ||
| Q3 24 | $44.9M | $-2.0K | ||
| Q2 24 | $-602.2M | $54.5M | ||
| Q1 24 | $31.6M | $33.5M |
毛利率LEGPRMB
| Q4 25 | 17.9% | 27.7% | ||
| Q3 25 | 18.7% | 29.9% | ||
| Q2 25 | 18.2% | 31.3% | ||
| Q1 25 | 18.6% | 32.3% | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 18.2% | — | ||
| Q2 24 | 16.5% | 32.7% | ||
| Q1 24 | 17.0% | 30.4% |
营业利润率LEGPRMB
| Q4 25 | 2.0% | 1.2% | ||
| Q3 25 | 14.9% | 8.3% | ||
| Q2 25 | 6.8% | 6.5% | ||
| Q1 25 | 4.4% | 9.5% | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 5.2% | — | ||
| Q2 24 | -56.2% | 12.1% | ||
| Q1 24 | 3.9% | 11.0% |
净利率LEGPRMB
| Q4 25 | 2.7% | -0.8% | ||
| Q3 25 | 12.3% | 1.0% | ||
| Q2 25 | 5.0% | 1.6% | ||
| Q1 25 | 3.0% | 1.8% | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 4.1% | — | ||
| Q2 24 | -53.4% | 4.1% | ||
| Q1 24 | 2.9% | 2.9% |
每股收益（稀释后）LEGPRMB
| Q4 25 | $0.18 | $-0.03 | ||
| Q3 25 | $0.91 | $0.04 | ||
| Q2 25 | $0.38 | $0.07 | ||
| Q1 25 | $0.22 | $0.08 | ||
| Q4 24 | $0.10 | — | ||
| Q3 24 | $0.33 | $-20.00 | ||
| Q2 24 | $-4.39 | $0.25 | ||
| Q1 24 | $0.23 | $0.15 |
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 | $587.4M | $376.7M |
| 总债务越低越好 | $1.5B | $5.2B |
| 股东权益账面价值 | $1.0B | $3.0B |
| 总资产 | $3.5B | $10.6B |
| 负债/权益比越低杠杆越低 | 1.46× | 1.72× |
8季度趋势，按日历期对齐
现金及短期投资LEGPRMB
| Q4 25 | $587.4M | $376.7M | ||
| Q3 25 | $460.7M | — | ||
| Q2 25 | $368.8M | — | ||
| Q1 25 | $412.6M | — | ||
| Q4 24 | $350.2M | — | ||
| Q3 24 | $277.2M | — | ||
| Q2 24 | $307.0M | — | ||
| Q1 24 | $361.3M | — |
总债务LEGPRMB
| Q4 25 | $1.5B | $5.2B | ||
| Q3 25 | $1.5B | $5.1B | ||
| Q2 25 | $1.8B | $5.1B | ||
| Q1 25 | $1.9B | $5.0B | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.8B | — |
股东权益LEGPRMB
| Q4 25 | $1.0B | $3.0B | ||
| Q3 25 | $971.8M | $3.2B | ||
| Q2 25 | $855.0M | $3.2B | ||
| Q1 25 | $746.8M | $3.3B | ||
| Q4 24 | $689.4M | — | ||
| Q3 24 | $741.0M | $-2.0K | ||
| Q2 24 | $667.6M | $-296.8M | ||
| Q1 24 | $1.3B | $-349.8M |
总资产LEGPRMB
| Q4 25 | $3.5B | $10.6B | ||
| Q3 25 | $3.5B | $11.0B | ||
| Q2 25 | $3.7B | $11.0B | ||
| Q1 25 | $3.7B | $11.0B | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $3.8B | $0 | ||
| Q2 24 | $3.8B | — | ||
| Q1 24 | $4.6B | — |
负债/权益比LEGPRMB
| Q4 25 | 1.46× | 1.72× | ||
| Q3 25 | 1.54× | 1.61× | ||
| Q2 25 | 2.10× | 1.57× | ||
| Q1 25 | 2.59× | 1.51× | ||
| Q4 24 | 2.70× | — | ||
| Q3 24 | 2.13× | — | ||
| Q2 24 | 2.55× | — | ||
| Q1 24 | 1.38× | — |
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 | $121.5M | $203.1M |
| 自由现金流经营现金流 - 资本支出 | $101.9M | $57.3M |
| 自由现金流率自由现金流/营收 | 10.9% | 3.7% |
| 资本支出强度资本支出/营收 | 2.1% | 9.4% |
| 现金转化率经营现金流/净利润 | 4.84× | — |
| 过去12个月自由现金流最近4个季度 | $281.0M | $302.9M |
8季度趋势，按日历期对齐
经营现金流LEGPRMB
| Q4 25 | $121.5M | $203.1M | ||
| Q3 25 | $125.9M | $283.4M | ||
| Q2 25 | $84.0M | $155.0M | ||
| Q1 25 | $6.8M | $38.8M | ||
| Q4 24 | $122.3M | — | ||
| Q3 24 | $95.5M | $0 | ||
| Q2 24 | $94.0M | $102.5M | ||
| Q1 24 | $-6.1M | $6.0M |
自由现金流LEGPRMB
| Q4 25 | $101.9M | $57.3M | ||
| Q3 25 | $110.1M | $167.7M | ||
| Q2 25 | $75.5M | $101.1M | ||
| Q1 25 | $-6.5M | $-23.2M | ||
| Q4 24 | $100.5M | — | ||
| Q3 24 | $77.1M | — | ||
| Q2 24 | $78.5M | $61.4M | ||
| Q1 24 | $-32.0M | $-17.5M |
自由现金流率LEGPRMB
| Q4 25 | 10.9% | 3.7% | ||
| Q3 25 | 10.6% | 9.5% | ||
| Q2 25 | 7.1% | 5.8% | ||
| Q1 25 | -0.6% | -1.4% | ||
| Q4 24 | 9.5% | — | ||
| Q3 24 | 7.0% | — | ||
| Q2 24 | 7.0% | 4.7% | ||
| Q1 24 | -2.9% | -1.5% |
资本支出强度LEGPRMB
| Q4 25 | 2.1% | 9.4% | ||
| Q3 25 | 1.5% | 6.6% | ||
| Q2 25 | 0.8% | 3.1% | ||
| Q1 25 | 1.3% | 3.8% | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 1.4% | 3.1% | ||
| Q1 24 | 2.4% | 2.1% |
现金转化率LEGPRMB
| Q4 25 | 4.84× | — | ||
| Q3 25 | 0.99× | 16.87× | ||
| Q2 25 | 1.60× | 5.62× | ||
| Q1 25 | 0.22× | 1.35× | ||
| Q4 24 | 8.61× | — | ||
| Q3 24 | 2.13× | — | ||
| Q2 24 | — | 1.88× | ||
| Q1 24 | -0.19× | 0.18× |
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
LEG
| Bedding Products | $373.8M | 40% |
| Flooring And Textile Products Group | $196.9M | 21% |
| Automotive Group | $194.9M | 21% |
| Work Furniture Group | $66.2M | 7% |
| Home Furniture Group | $61.0M | 6% |
| Hydraulic Cylinders | $45.8M | 5% |
PRMB
| Regional Spring Water | $765.1M | 49% |
| Purified Water | $484.5M | 31% |
| Other | $188.4M | 12% |
| Premium Water | $90.3M | 6% |
| Other Water | $25.8M | 2% |
