vs
礼恩派（LEG）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
罗布乐思的季度营收约是礼恩派的1.5倍（$1.4B vs $938.6M），礼恩派净利率更高（2.7% vs -22.3%，领先25.0%），罗布乐思同比增速更快（43.2% vs -11.2%），罗布乐思自由现金流更多（$308.6M vs $101.9M），过去两年罗布乐思的营收复合增速更高（32.9% vs -7.5%）
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。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
LEG vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.5倍
$938.6M
营收增速更快
RBLX
高出54.3%
-11.2%
净利率更高
LEG
高出25.0%
-22.3%
自由现金流更多
RBLX
多$206.7M
$101.9M
两年增速更快
RBLX
近两年复合增速
-7.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $938.6M | $1.4B |
| 净利润 | $25.1M | $-316.0M |
| 毛利率 | 17.9% | 77.7% |
| 营业利润率 | 2.0% | -25.3% |
| 净利率 | 2.7% | -22.3% |
| 营收同比 | -11.2% | 43.2% |
| 净利润同比 | 76.8% | -43.9% |
| 每股收益（稀释后） | $0.18 | $-0.44 |
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LEGRBLX
| Q4 25 | $938.6M | $1.4B | ||
| Q3 25 | $1.0B | $1.4B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $1.1B | $988.2M | ||
| Q3 24 | $1.1B | $919.0M | ||
| Q2 24 | $1.1B | $893.5M | ||
| Q1 24 | $1.1B | $801.3M |
净利润LEGRBLX
| Q4 25 | $25.1M | $-316.0M | ||
| Q3 25 | $127.1M | $-255.6M | ||
| Q2 25 | $52.5M | $-278.4M | ||
| Q1 25 | $30.6M | $-215.1M | ||
| Q4 24 | $14.2M | $-219.6M | ||
| Q3 24 | $44.9M | $-239.3M | ||
| Q2 24 | $-602.2M | $-205.9M | ||
| Q1 24 | $31.6M | $-270.6M |
毛利率LEGRBLX
| Q4 25 | 17.9% | 77.7% | ||
| Q3 25 | 18.7% | 78.2% | ||
| Q2 25 | 18.2% | 78.2% | ||
| Q1 25 | 18.6% | 78.3% | ||
| Q4 24 | 16.6% | 77.9% | ||
| Q3 24 | 18.2% | 77.7% | ||
| Q2 24 | 16.5% | 77.8% | ||
| Q1 24 | 17.0% | 77.7% |
营业利润率LEGRBLX
| Q4 25 | 2.0% | -25.3% | ||
| Q3 25 | 14.9% | -21.8% | ||
| Q2 25 | 6.8% | -29.8% | ||
| Q1 25 | 4.4% | -24.6% | ||
| Q4 24 | 2.4% | -24.7% | ||
| Q3 24 | 5.2% | -30.4% | ||
| Q2 24 | -56.2% | -26.6% | ||
| Q1 24 | 3.9% | -37.7% |
净利率LEGRBLX
| Q4 25 | 2.7% | -22.3% | ||
| Q3 25 | 12.3% | -18.8% | ||
| Q2 25 | 5.0% | -25.8% | ||
| Q1 25 | 3.0% | -20.8% | ||
| Q4 24 | 1.3% | -22.2% | ||
| Q3 24 | 4.1% | -26.0% | ||
| Q2 24 | -53.4% | -23.0% | ||
| Q1 24 | 2.9% | -33.8% |
每股收益（稀释后）LEGRBLX
| Q4 25 | $0.18 | $-0.44 | ||
| Q3 25 | $0.91 | $-0.37 | ||
| Q2 25 | $0.38 | $-0.41 | ||
| Q1 25 | $0.22 | $-0.32 | ||
| Q4 24 | $0.10 | $-0.32 | ||
| Q3 24 | $0.33 | $-0.37 | ||
| Q2 24 | $-4.39 | $-0.32 | ||
| Q1 24 | $0.23 | $-0.43 |
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 | $3.1B |
| 总债务越低越好 | $1.5B | $1.2B |
| 股东权益账面价值 | $1.0B | $394.5M |
| 总资产 | $3.5B | $9.6B |
| 负债/权益比越低杠杆越低 | 1.46× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资LEGRBLX
| Q4 25 | $587.4M | $3.1B | ||
| Q3 25 | $460.7M | $2.9B | ||
| Q2 25 | $368.8M | $2.6B | ||
| Q1 25 | $412.6M | $2.7B | ||
| Q4 24 | $350.2M | $2.4B | ||
| Q3 24 | $277.2M | $2.3B | ||
| Q2 24 | $307.0M | $2.4B | ||
| Q1 24 | $361.3M | $2.4B |
总债务LEGRBLX
| Q4 25 | $1.5B | $1.2B | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | $1.2B | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.8B | — |
股东权益LEGRBLX
| Q4 25 | $1.0B | $394.5M | ||
| Q3 25 | $971.8M | $407.6M | ||
| Q2 25 | $855.0M | $353.2M | ||
| Q1 25 | $746.8M | $310.7M | ||
| Q4 24 | $689.4M | $221.4M | ||
| Q3 24 | $741.0M | $189.9M | ||
| Q2 24 | $667.6M | $121.5M | ||
| Q1 24 | $1.3B | $71.6M |
总资产LEGRBLX
| Q4 25 | $3.5B | $9.6B | ||
| Q3 25 | $3.5B | $8.6B | ||
| Q2 25 | $3.7B | $7.8B | ||
| Q1 25 | $3.7B | $7.5B | ||
| Q4 24 | $3.7B | $7.2B | ||
| Q3 24 | $3.8B | $6.7B | ||
| Q2 24 | $3.8B | $6.5B | ||
| Q1 24 | $4.6B | $6.3B |
负债/权益比LEGRBLX
| Q4 25 | 1.46× | 2.98× | ||
| Q3 25 | 1.54× | — | ||
| Q2 25 | 2.10× | — | ||
| Q1 25 | 2.59× | — | ||
| Q4 24 | 2.70× | 5.48× | ||
| 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 | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $101.9M | $308.6M |
| 自由现金流率自由现金流/营收 | 10.9% | 21.8% |
| 资本支出强度资本支出/营收 | 2.1% | 21.1% |
| 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 | $1.4B |
8季度趋势，按日历期对齐
经营现金流LEGRBLX
| Q4 25 | $121.5M | $607.0M | ||
| Q3 25 | $125.9M | $546.2M | ||
| Q2 25 | $84.0M | $199.3M | ||
| Q1 25 | $6.8M | $443.9M | ||
| Q4 24 | $122.3M | $184.5M | ||
| Q3 24 | $95.5M | $247.4M | ||
| Q2 24 | $94.0M | $151.4M | ||
| Q1 24 | $-6.1M | $238.9M |
自由现金流LEGRBLX
| Q4 25 | $101.9M | $308.6M | ||
| Q3 25 | $110.1M | $443.6M | ||
| Q2 25 | $75.5M | $176.7M | ||
| Q1 25 | $-6.5M | $426.5M | ||
| Q4 24 | $100.5M | $120.6M | ||
| Q3 24 | $77.1M | $218.0M | ||
| Q2 24 | $78.5M | $111.7M | ||
| Q1 24 | $-32.0M | $192.3M |
自由现金流率LEGRBLX
| Q4 25 | 10.9% | 21.8% | ||
| Q3 25 | 10.6% | 32.6% | ||
| Q2 25 | 7.1% | 16.3% | ||
| Q1 25 | -0.6% | 41.2% | ||
| Q4 24 | 9.5% | 12.2% | ||
| Q3 24 | 7.0% | 23.7% | ||
| Q2 24 | 7.0% | 12.5% | ||
| Q1 24 | -2.9% | 24.0% |
资本支出强度LEGRBLX
| Q4 25 | 2.1% | 21.1% | ||
| Q3 25 | 1.5% | 7.5% | ||
| Q2 25 | 0.8% | 2.1% | ||
| Q1 25 | 1.3% | 1.7% | ||
| Q4 24 | 2.1% | 6.5% | ||
| Q3 24 | 1.7% | 3.2% | ||
| Q2 24 | 1.4% | 4.4% | ||
| Q1 24 | 2.4% | 5.8% |
现金转化率LEGRBLX
| Q4 25 | 4.84× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 1.60× | — | ||
| Q1 25 | 0.22× | — | ||
| Q4 24 | 8.61× | — | ||
| Q3 24 | 2.13× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.19× | — |
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% |
RBLX
暂无分部数据
