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李维斯（LEVI）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
李维斯的季度营收约是罗致恒富的1.4倍（$1.8B vs $1.3B），李维斯同比增速更快（-4.0% vs -5.8%），李维斯自由现金流更多（$215.7M vs $170.8M），过去两年李维斯的营收复合增速更高（6.5% vs -6.1%）
李维斯（Levi Strauss & Co.）是全球知名的美国服饰企业，凭借旗下Levi's品牌丹宁牛仔裤享誉全球。公司创立于1853年5月，由德裔犹太移民李维·斯特劳斯在旧金山成立，注册地为特拉华州，总部设在旧金山李维斯广场。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
LEVI vs RHI — 直观对比
营收规模更大
LEVI
是对方的1.4倍
$1.3B
营收增速更快
LEVI
高出1.8%
-5.8%
自由现金流更多
LEVI
多$44.9M
$170.8M
两年增速更快
LEVI
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.3B |
| 净利润 | $158.0M | — |
| 毛利率 | 60.8% | 37.6% |
| 营业利润率 | 11.9% | 1.7% |
| 净利率 | 8.9% | — |
| 营收同比 | -4.0% | -5.8% |
| 净利润同比 | -13.4% | — |
| 每股收益（稀释后） | $0.39 | $0.32 |
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LEVIRHI
| Q4 25 | $1.8B | $1.3B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.4B | $1.4B | ||
| Q1 25 | $1.5B | $1.4B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | $1.6B | $1.5B |
净利润LEVIRHI
| Q4 25 | $158.0M | — | ||
| Q3 25 | $218.1M | $42.9M | ||
| Q2 25 | $67.0M | $41.0M | ||
| Q1 25 | $135.0M | $17.4M | ||
| Q4 24 | $182.5M | — | ||
| Q3 24 | $20.7M | $65.5M | ||
| Q2 24 | $18.0M | $68.2M | ||
| Q1 24 | $-10.6M | $63.7M |
毛利率LEVIRHI
| Q4 25 | 60.8% | 37.6% | ||
| Q3 25 | 61.7% | 37.2% | ||
| Q2 25 | 62.6% | 37.2% | ||
| Q1 25 | 62.1% | 36.9% | ||
| Q4 24 | 61.3% | 38.8% | ||
| Q3 24 | 60.0% | 39.0% | ||
| Q2 24 | 60.5% | 39.2% | ||
| Q1 24 | 58.2% | 38.1% |
营业利润率LEVIRHI
| Q4 25 | 11.9% | 1.7% | ||
| Q3 25 | 10.8% | 1.0% | ||
| Q2 25 | 7.5% | 0.1% | ||
| Q1 25 | 12.5% | 2.9% | ||
| Q4 24 | 11.5% | 4.7% | ||
| Q3 24 | 2.0% | 4.1% | ||
| Q2 24 | 1.5% | 5.1% | ||
| Q1 24 | -0.0% | 2.8% |
净利率LEVIRHI
| Q4 25 | 8.9% | — | ||
| Q3 25 | 14.1% | 3.2% | ||
| Q2 25 | 4.6% | 3.0% | ||
| Q1 25 | 8.8% | 1.3% | ||
| Q4 24 | 9.9% | — | ||
| Q3 24 | 1.4% | 4.5% | ||
| Q2 24 | 1.2% | 4.6% | ||
| Q1 24 | -0.7% | 4.3% |
每股收益（稀释后）LEVIRHI
| Q4 25 | $0.39 | $0.32 | ||
| Q3 25 | $0.55 | $0.43 | ||
| Q2 25 | $0.17 | $0.41 | ||
| Q1 25 | $0.34 | $0.17 | ||
| Q4 24 | $0.46 | $0.53 | ||
| Q3 24 | $0.05 | $0.64 | ||
| Q2 24 | $0.04 | $0.66 | ||
| Q1 24 | $-0.03 | $0.61 |
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 | $848.8M | $464.4M |
| 总债务越低越好 | $1.1B | — |
| 股东权益账面价值 | $2.3B | $1.3B |
| 总资产 | $6.8B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.46× | — |
8季度趋势，按日历期对齐
现金及短期投资LEVIRHI
| Q4 25 | $848.8M | $464.4M | ||
| Q3 25 | $707.5M | $365.3M | ||
| Q2 25 | $736.7M | $380.5M | ||
| Q1 25 | $574.4M | $342.5M | ||
| Q4 24 | $690.0M | $537.6M | ||
| Q3 24 | $577.1M | $570.5M | ||
| Q2 24 | $641.4M | $547.4M | ||
| Q1 24 | $516.7M | $540.9M |
总债务LEVIRHI
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $987.4M | — | ||
| Q4 24 | $994.0M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
股东权益LEVIRHI
| Q4 25 | $2.3B | $1.3B | ||
| Q3 25 | $2.2B | $1.3B | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $2.0B | $1.3B | ||
| Q4 24 | $2.0B | $1.4B | ||
| Q3 24 | $1.9B | $1.5B | ||
| Q2 24 | $2.0B | $1.5B | ||
| Q1 24 | $2.0B | $1.5B |
总资产LEVIRHI
| Q4 25 | $6.8B | $2.9B | ||
| Q3 25 | $6.7B | $2.8B | ||
| Q2 25 | $6.5B | $2.8B | ||
| Q1 25 | $6.2B | $2.7B | ||
| Q4 24 | $6.4B | $2.9B | ||
| Q3 24 | $6.3B | $3.0B | ||
| Q2 24 | $6.2B | $2.9B | ||
| Q1 24 | $6.0B | $2.9B |
负债/权益比LEVIRHI
| Q4 25 | 0.46× | — | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.49× | — | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 0.50× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 0.51× | — |
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 | $266.8M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $215.7M | $170.8M |
| 自由现金流率自由现金流/营收 | 12.2% | 13.1% |
| 资本支出强度资本支出/营收 | 2.9% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.69× | — |
| 过去12个月自由现金流最近4个季度 | $308.2M | $266.8M |
8季度趋势，按日历期对齐
经营现金流LEVIRHI
| Q4 25 | $266.8M | $182.5M | ||
| Q3 25 | $24.8M | $77.4M | ||
| Q2 25 | $185.5M | $119.4M | ||
| Q1 25 | $52.5M | $-59.3M | ||
| Q4 24 | $297.3M | $154.8M | ||
| Q3 24 | $52.3M | $129.6M | ||
| Q2 24 | $262.8M | $142.0M | ||
| Q1 24 | $286.0M | $-15.9M |
自由现金流LEVIRHI
| Q4 25 | $215.7M | $170.8M | ||
| Q3 25 | $-39.4M | $63.6M | ||
| Q2 25 | $146.0M | $104.2M | ||
| Q1 25 | $-14.1M | $-71.7M | ||
| Q4 24 | $231.6M | $140.5M | ||
| Q3 24 | $2.3M | $111.8M | ||
| Q2 24 | $222.6M | $129.6M | ||
| Q1 24 | $214.4M | $-27.7M |
自由现金流率LEVIRHI
| Q4 25 | 12.2% | 13.1% | ||
| Q3 25 | -2.6% | 4.7% | ||
| Q2 25 | 10.1% | 7.6% | ||
| Q1 25 | -0.9% | -5.3% | ||
| Q4 24 | 12.6% | 10.2% | ||
| Q3 24 | 0.2% | 7.6% | ||
| Q2 24 | 15.4% | 8.8% | ||
| Q1 24 | 13.8% | -1.9% |
资本支出强度LEVIRHI
| Q4 25 | 2.9% | 0.9% | ||
| Q3 25 | 4.2% | 1.0% | ||
| Q2 25 | 2.7% | 1.1% | ||
| Q1 25 | 4.4% | 0.9% | ||
| Q4 24 | 3.6% | 1.0% | ||
| Q3 24 | 3.3% | 1.2% | ||
| Q2 24 | 2.8% | 0.8% | ||
| Q1 24 | 4.6% | 0.8% |
现金转化率LEVIRHI
| Q4 25 | 1.69× | — | ||
| Q3 25 | 0.11× | 1.80× | ||
| Q2 25 | 2.77× | 2.91× | ||
| Q1 25 | 0.39× | -3.42× | ||
| Q4 24 | 1.63× | — | ||
| Q3 24 | 2.53× | 1.98× | ||
| Q2 24 | 14.60× | 2.08× | ||
| Q1 24 | — | -0.25× |
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
LEVI
| Other | $760.3M | 43% |
| Sales Channel Through Intermediary | $583.2M | 33% |
| Sales Channel Directly To Consumer | $376.0M | 21% |
| Beyond Yoga | $46.3M | 3% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
