vs
礼恩派（LEG）与Tri Pointe Homes, Inc.（TPH）财务数据对比。点击上方公司名可切换其他公司
Tri Pointe Homes, Inc.的季度营收约是礼恩派的1.0倍（$972.6M vs $938.6M），Tri Pointe Homes, Inc.净利率更高（6.2% vs 2.7%，领先3.5%），礼恩派同比增速更快（-11.2% vs -22.4%），Tri Pointe Homes, Inc.自由现金流更多（$213.2M vs $101.9M），过去两年Tri Pointe Homes, Inc.的营收复合增速更高（1.8% 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。
Tri Pointe Homes, Inc.是总部位于美国内华达州inclinet村的住宅建筑企业，为购房者提供融资及保险服务，业务覆盖亚利桑那、加利福尼亚、内华达、华盛顿、科罗拉多、得克萨斯、哥伦比亚特区、马里兰、北卡罗来纳、南卡罗来纳、弗吉尼亚等地区，按房屋交付量计算是美国第18大住宅建筑商。
LEG vs TPH — 直观对比
营收规模更大
TPH
是对方的1.0倍
$938.6M
营收增速更快
LEG
高出11.3%
-22.4%
净利率更高
TPH
高出3.5%
2.7%
自由现金流更多
TPH
多$111.3M
$101.9M
两年增速更快
TPH
近两年复合增速
-7.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $938.6M | $972.6M |
| 净利润 | $25.1M | $60.2M |
| 毛利率 | 17.9% | — |
| 营业利润率 | 2.0% | 8.1% |
| 净利率 | 2.7% | 6.2% |
| 营收同比 | -11.2% | -22.4% |
| 净利润同比 | 76.8% | -53.4% |
| 每股收益（稀释后） | $0.18 | $0.70 |
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LEGTPH
| Q4 25 | $938.6M | $972.6M | ||
| Q3 25 | $1.0B | $854.7M | ||
| Q2 25 | $1.1B | $902.4M | ||
| Q1 25 | $1.0B | $740.9M | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $1.1B | $939.4M |
净利润LEGTPH
| Q4 25 | $25.1M | $60.2M | ||
| Q3 25 | $127.1M | $56.1M | ||
| Q2 25 | $52.5M | $60.7M | ||
| Q1 25 | $30.6M | $64.0M | ||
| Q4 24 | $14.2M | $129.2M | ||
| Q3 24 | $44.9M | $111.8M | ||
| Q2 24 | $-602.2M | $118.0M | ||
| Q1 24 | $31.6M | $99.1M |
毛利率LEGTPH
| Q4 25 | 17.9% | — | ||
| Q3 25 | 18.7% | — | ||
| Q2 25 | 18.2% | — | ||
| Q1 25 | 18.6% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 18.2% | — | ||
| Q2 24 | 16.5% | — | ||
| Q1 24 | 17.0% | — |
营业利润率LEGTPH
| Q4 25 | 2.0% | 8.1% | ||
| Q3 25 | 14.9% | 8.1% | ||
| Q2 25 | 6.8% | 8.5% | ||
| Q1 25 | 4.4% | 10.4% | ||
| Q4 24 | 2.4% | 13.4% | ||
| Q3 24 | 5.2% | 12.6% | ||
| Q2 24 | -56.2% | 12.9% | ||
| Q1 24 | 3.9% | 12.3% |
净利率LEGTPH
| Q4 25 | 2.7% | 6.2% | ||
| Q3 25 | 12.3% | 6.6% | ||
| Q2 25 | 5.0% | 6.7% | ||
| Q1 25 | 3.0% | 8.6% | ||
| Q4 24 | 1.3% | 10.3% | ||
| Q3 24 | 4.1% | 9.8% | ||
| Q2 24 | -53.4% | 10.2% | ||
| Q1 24 | 2.9% | 10.5% |
每股收益（稀释后）LEGTPH
| Q4 25 | $0.18 | $0.70 | ||
| Q3 25 | $0.91 | $0.64 | ||
| Q2 25 | $0.38 | $0.68 | ||
| Q1 25 | $0.22 | $0.70 | ||
| Q4 24 | $0.10 | $1.37 | ||
| Q3 24 | $0.33 | $1.18 | ||
| Q2 24 | $-4.39 | $1.25 | ||
| Q1 24 | $0.23 | $1.03 |
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 | $982.8M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $1.0B | $3.3B |
| 总资产 | $3.5B | $5.0B |
| 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LEGTPH
| Q4 25 | $587.4M | $982.8M | ||
| Q3 25 | $460.7M | $792.0M | ||
| Q2 25 | $368.8M | $622.6M | ||
| Q1 25 | $412.6M | $812.9M | ||
| Q4 24 | $350.2M | $970.0M | ||
| Q3 24 | $277.2M | $676.0M | ||
| Q2 24 | $307.0M | $492.9M | ||
| Q1 24 | $361.3M | $944.0M |
总债务LEGTPH
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | $646.5M | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.8B | — |
股东权益LEGTPH
| Q4 25 | $1.0B | $3.3B | ||
| Q3 25 | $971.8M | $3.3B | ||
| Q2 25 | $855.0M | $3.3B | ||
| Q1 25 | $746.8M | $3.3B | ||
| Q4 24 | $689.4M | $3.3B | ||
| Q3 24 | $741.0M | $3.2B | ||
| Q2 24 | $667.6M | $3.1B | ||
| Q1 24 | $1.3B | $3.0B |
总资产LEGTPH
| Q4 25 | $3.5B | $5.0B | ||
| Q3 25 | $3.5B | $5.0B | ||
| Q2 25 | $3.7B | $4.8B | ||
| Q1 25 | $3.7B | $4.8B | ||
| Q4 24 | $3.7B | $4.9B | ||
| Q3 24 | $3.8B | $4.8B | ||
| Q2 24 | $3.8B | $4.6B | ||
| Q1 24 | $4.6B | $5.0B |
负债/权益比LEGTPH
| Q4 25 | 1.46× | — | ||
| Q3 25 | 1.54× | — | ||
| Q2 25 | 2.10× | — | ||
| Q1 25 | 2.59× | — | ||
| Q4 24 | 2.70× | 0.19× | ||
| 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 | $221.0M |
| 自由现金流经营现金流 - 资本支出 | $101.9M | $213.2M |
| 自由现金流率自由现金流/营收 | 10.9% | 21.9% |
| 资本支出强度资本支出/营收 | 2.1% | 0.8% |
| 现金转化率经营现金流/净利润 | 4.84× | 3.67× |
| 过去12个月自由现金流最近4个季度 | $281.0M | $128.5M |
8季度趋势，按日历期对齐
经营现金流LEGTPH
| Q4 25 | $121.5M | $221.0M | ||
| Q3 25 | $125.9M | $45.9M | ||
| Q2 25 | $84.0M | $-74.3M | ||
| Q1 25 | $6.8M | $-31.2M | ||
| Q4 24 | $122.3M | $360.3M | ||
| Q3 24 | $95.5M | $167.9M | ||
| Q2 24 | $94.0M | $23.1M | ||
| Q1 24 | $-6.1M | $144.7M |
自由现金流LEGTPH
| Q4 25 | $101.9M | $213.2M | ||
| Q3 25 | $110.1M | $39.1M | ||
| Q2 25 | $75.5M | $-84.5M | ||
| Q1 25 | $-6.5M | $-39.3M | ||
| Q4 24 | $100.5M | $355.9M | ||
| Q3 24 | $77.1M | $161.5M | ||
| Q2 24 | $78.5M | $17.0M | ||
| Q1 24 | $-32.0M | $138.3M |
自由现金流率LEGTPH
| Q4 25 | 10.9% | 21.9% | ||
| Q3 25 | 10.6% | 4.6% | ||
| Q2 25 | 7.1% | -9.4% | ||
| Q1 25 | -0.6% | -5.3% | ||
| Q4 24 | 9.5% | 28.4% | ||
| Q3 24 | 7.0% | 14.1% | ||
| Q2 24 | 7.0% | 1.5% | ||
| Q1 24 | -2.9% | 14.7% |
资本支出强度LEGTPH
| Q4 25 | 2.1% | 0.8% | ||
| Q3 25 | 1.5% | 0.8% | ||
| Q2 25 | 0.8% | 1.1% | ||
| Q1 25 | 1.3% | 1.1% | ||
| Q4 24 | 2.1% | 0.3% | ||
| Q3 24 | 1.7% | 0.6% | ||
| Q2 24 | 1.4% | 0.5% | ||
| Q1 24 | 2.4% | 0.7% |
现金转化率LEGTPH
| Q4 25 | 4.84× | 3.67× | ||
| Q3 25 | 0.99× | 0.82× | ||
| Q2 25 | 1.60× | -1.22× | ||
| Q1 25 | 0.22× | -0.49× | ||
| Q4 24 | 8.61× | 2.79× | ||
| Q3 24 | 2.13× | 1.50× | ||
| Q2 24 | — | 0.20× | ||
| Q1 24 | -0.19× | 1.46× |
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% |
TPH
| West | $547.8M | 56% |
| Central | $245.1M | 25% |
| East | $161.8M | 17% |
| Financial Services Segment | $18.0M | 2% |
| Land | $7.9M | 1% |
