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礼恩派（LEG）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, Inc.的季度营收约是礼恩派的1.4倍（$1.3B vs $938.6M），礼恩派净利率更高（2.7% vs -63.1%，领先65.7%），礼恩派同比增速更快（-11.2% vs -25.8%），礼恩派自由现金流更多（$101.9M vs $-1.1B），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% 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。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
LEG vs RIVN — 直观对比
营收规模更大
RIVN
是对方的1.4倍
$938.6M
营收增速更快
LEG
高出14.7%
-25.8%
净利率更高
LEG
高出65.7%
-63.1%
自由现金流更多
LEG
多$1.2B
$-1.1B
两年增速更快
RIVN
近两年复合增速
-7.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $938.6M | $1.3B |
| 净利润 | $25.1M | $-811.0M |
| 毛利率 | 17.9% | 9.3% |
| 营业利润率 | 2.0% | -64.8% |
| 净利率 | 2.7% | -63.1% |
| 营收同比 | -11.2% | -25.8% |
| 净利润同比 | 76.8% | -9.0% |
| 每股收益（稀释后） | $0.18 | $-0.66 |
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LEGRIVN
| Q4 25 | $938.6M | $1.3B | ||
| Q3 25 | $1.0B | $1.6B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $1.0B | $1.2B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $1.1B | $874.0M | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $1.1B | $1.2B |
净利润LEGRIVN
| Q4 25 | $25.1M | $-811.0M | ||
| Q3 25 | $127.1M | $-1.2B | ||
| Q2 25 | $52.5M | $-1.1B | ||
| Q1 25 | $30.6M | $-545.0M | ||
| Q4 24 | $14.2M | $-744.0M | ||
| Q3 24 | $44.9M | $-1.1B | ||
| Q2 24 | $-602.2M | $-1.5B | ||
| Q1 24 | $31.6M | $-1.4B |
毛利率LEGRIVN
| Q4 25 | 17.9% | 9.3% | ||
| Q3 25 | 18.7% | 1.5% | ||
| Q2 25 | 18.2% | -15.8% | ||
| Q1 25 | 18.6% | 16.6% | ||
| Q4 24 | 16.6% | 9.8% | ||
| Q3 24 | 18.2% | -44.9% | ||
| Q2 24 | 16.5% | -38.9% | ||
| Q1 24 | 17.0% | -43.8% |
营业利润率LEGRIVN
| Q4 25 | 2.0% | -64.8% | ||
| Q3 25 | 14.9% | -63.1% | ||
| Q2 25 | 6.8% | -85.5% | ||
| Q1 25 | 4.4% | -52.8% | ||
| Q4 24 | 2.4% | -38.1% | ||
| Q3 24 | 5.2% | -133.8% | ||
| Q2 24 | -56.2% | -118.7% | ||
| Q1 24 | 3.9% | -123.3% |
净利率LEGRIVN
| Q4 25 | 2.7% | -63.1% | ||
| Q3 25 | 12.3% | -75.3% | ||
| Q2 25 | 5.0% | -85.7% | ||
| Q1 25 | 3.0% | -44.0% | ||
| Q4 24 | 1.3% | -42.9% | ||
| Q3 24 | 4.1% | -125.9% | ||
| Q2 24 | -53.4% | -125.8% | ||
| Q1 24 | 2.9% | -120.1% |
每股收益（稀释后）LEGRIVN
| Q4 25 | $0.18 | $-0.66 | ||
| Q3 25 | $0.91 | $-0.96 | ||
| Q2 25 | $0.38 | $-0.97 | ||
| Q1 25 | $0.22 | $-0.48 | ||
| Q4 24 | $0.10 | $-0.67 | ||
| Q3 24 | $0.33 | $-1.08 | ||
| Q2 24 | $-4.39 | $-1.46 | ||
| Q1 24 | $0.23 | $-1.48 |
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 | $6.1B |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $1.0B | $4.6B |
| 总资产 | $3.5B | $14.9B |
| 负债/权益比越低杠杆越低 | 1.46× | — |
8季度趋势，按日历期对齐
现金及短期投资LEGRIVN
| Q4 25 | $587.4M | $6.1B | ||
| Q3 25 | $460.7M | $7.1B | ||
| Q2 25 | $368.8M | $7.5B | ||
| Q1 25 | $412.6M | $7.2B | ||
| Q4 24 | $350.2M | $7.7B | ||
| Q3 24 | $277.2M | $6.7B | ||
| Q2 24 | $307.0M | $7.9B | ||
| Q1 24 | $361.3M | $7.9B |
总债务LEGRIVN
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.7B | $5.5B | ||
| Q1 24 | $1.8B | $4.4B |
股东权益LEGRIVN
| Q4 25 | $1.0B | $4.6B | ||
| Q3 25 | $971.8M | $5.1B | ||
| Q2 25 | $855.0M | $6.1B | ||
| Q1 25 | $746.8M | $6.2B | ||
| Q4 24 | $689.4M | $6.6B | ||
| Q3 24 | $741.0M | $5.9B | ||
| Q2 24 | $667.6M | $6.8B | ||
| Q1 24 | $1.3B | $8.1B |
总资产LEGRIVN
| Q4 25 | $3.5B | $14.9B | ||
| Q3 25 | $3.5B | $15.2B | ||
| Q2 25 | $3.7B | $15.6B | ||
| Q1 25 | $3.7B | $15.5B | ||
| Q4 24 | $3.7B | $15.4B | ||
| Q3 24 | $3.8B | $14.3B | ||
| Q2 24 | $3.8B | $15.4B | ||
| Q1 24 | $4.6B | $15.7B |
负债/权益比LEGRIVN
| Q4 25 | 1.46× | — | ||
| Q3 25 | 1.54× | — | ||
| Q2 25 | 2.10× | — | ||
| Q1 25 | 2.59× | — | ||
| Q4 24 | 2.70× | — | ||
| Q3 24 | 2.13× | — | ||
| Q2 24 | 2.55× | 0.81× | ||
| Q1 24 | 1.38× | 0.55× |
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 | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $101.9M | $-1.1B |
| 自由现金流率自由现金流/营收 | 10.9% | -89.0% |
| 资本支出强度资本支出/营收 | 2.1% | 36.0% |
| 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 | $-2.5B |
8季度趋势，按日历期对齐
经营现金流LEGRIVN
| Q4 25 | $121.5M | $-681.0M | ||
| Q3 25 | $125.9M | $26.0M | ||
| Q2 25 | $84.0M | $64.0M | ||
| Q1 25 | $6.8M | $-188.0M | ||
| Q4 24 | $122.3M | $1.2B | ||
| Q3 24 | $95.5M | $-876.0M | ||
| Q2 24 | $94.0M | $-754.0M | ||
| Q1 24 | $-6.1M | $-1.3B |
自由现金流LEGRIVN
| Q4 25 | $101.9M | $-1.1B | ||
| Q3 25 | $110.1M | $-421.0M | ||
| Q2 25 | $75.5M | $-398.0M | ||
| Q1 25 | $-6.5M | $-526.0M | ||
| Q4 24 | $100.5M | $856.0M | ||
| Q3 24 | $77.1M | $-1.2B | ||
| Q2 24 | $78.5M | $-1.0B | ||
| Q1 24 | $-32.0M | $-1.5B |
自由现金流率LEGRIVN
| Q4 25 | 10.9% | -89.0% | ||
| Q3 25 | 10.6% | -27.0% | ||
| Q2 25 | 7.1% | -30.5% | ||
| Q1 25 | -0.6% | -42.4% | ||
| Q4 24 | 9.5% | 49.4% | ||
| Q3 24 | 7.0% | -131.9% | ||
| Q2 24 | 7.0% | -89.6% | ||
| Q1 24 | -2.9% | -126.5% |
资本支出强度LEGRIVN
| Q4 25 | 2.1% | 36.0% | ||
| Q3 25 | 1.5% | 28.7% | ||
| Q2 25 | 0.8% | 35.5% | ||
| Q1 25 | 1.3% | 27.3% | ||
| Q4 24 | 2.1% | 18.9% | ||
| Q3 24 | 1.7% | 31.7% | ||
| Q2 24 | 1.4% | 24.4% | ||
| Q1 24 | 2.4% | 21.1% |
现金转化率LEGRIVN
| 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% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
