vs
李维斯（LEVI）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
Rocket Companies, Inc.的季度营收约是李维斯的1.5倍（$2.7B vs $1.8B），李维斯净利率更高（8.9% vs 2.5%，领先6.4%），Rocket Companies, Inc.同比增速更快（52.2% vs -4.0%），李维斯自由现金流更多（$215.7M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% vs 6.5%）
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。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
LEVI vs RKT — 直观对比
营收规模更大
RKT
是对方的1.5倍
$1.8B
营收增速更快
RKT
高出56.2%
-4.0%
净利率更高
LEVI
高出6.4%
2.5%
自由现金流更多
LEVI
多$1.5B
$-1.3B
两年增速更快
RKT
近两年复合增速
6.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $2.7B |
| 净利润 | $158.0M | $68.0M |
| 毛利率 | 60.8% | — |
| 营业利润率 | 11.9% | 6.3% |
| 净利率 | 8.9% | 2.5% |
| 营收同比 | -4.0% | 52.2% |
| 净利润同比 | -13.4% | 100.8% |
| 每股收益（稀释后） | $0.39 | $0.10 |
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LEVIRKT
| Q4 25 | $1.8B | $2.7B | ||
| Q3 25 | $1.5B | $1.6B | ||
| Q2 25 | $1.4B | $1.4B | ||
| Q1 25 | $1.5B | $1.0B | ||
| Q4 24 | $1.8B | $1.8B | ||
| Q3 24 | $1.5B | $646.9M | ||
| Q2 24 | $1.4B | $1.3B | ||
| Q1 24 | $1.6B | $1.4B |
净利润LEVIRKT
| Q4 25 | $158.0M | $68.0M | ||
| Q3 25 | $218.1M | $-123.9M | ||
| Q2 25 | $67.0M | $-1.8M | ||
| Q1 25 | $135.0M | $-10.4M | ||
| Q4 24 | $182.5M | $33.9M | ||
| Q3 24 | $20.7M | $-22.0M | ||
| Q2 24 | $18.0M | $1.3M | ||
| Q1 24 | $-10.6M | $16.2M |
毛利率LEVIRKT
| Q4 25 | 60.8% | — | ||
| Q3 25 | 61.7% | — | ||
| Q2 25 | 62.6% | — | ||
| Q1 25 | 62.1% | — | ||
| Q4 24 | 61.3% | 58.9% | ||
| Q3 24 | 60.0% | -8.4% | ||
| Q2 24 | 60.5% | 47.4% | ||
| Q1 24 | 58.2% | 51.2% |
营业利润率LEVIRKT
| Q4 25 | 11.9% | 6.3% | ||
| Q3 25 | 10.8% | -11.5% | ||
| Q2 25 | 7.5% | 1.8% | ||
| Q1 25 | 12.5% | -21.5% | ||
| Q4 24 | 11.5% | 38.1% | ||
| Q3 24 | 2.0% | -76.9% | ||
| Q2 24 | 1.5% | 14.8% | ||
| Q1 24 | -0.0% | 21.6% |
净利率LEVIRKT
| Q4 25 | 8.9% | 2.5% | ||
| Q3 25 | 14.1% | -7.7% | ||
| Q2 25 | 4.6% | -0.1% | ||
| Q1 25 | 8.8% | -1.0% | ||
| Q4 24 | 9.9% | 1.9% | ||
| Q3 24 | 1.4% | -3.4% | ||
| Q2 24 | 1.2% | 0.1% | ||
| Q1 24 | -0.7% | 1.2% |
每股收益（稀释后）LEVIRKT
| Q4 25 | $0.39 | $0.10 | ||
| Q3 25 | $0.55 | $-0.06 | ||
| Q2 25 | $0.17 | $-0.01 | ||
| Q1 25 | $0.34 | $-0.08 | ||
| Q4 24 | $0.46 | $0.28 | ||
| Q3 24 | $0.05 | $-0.19 | ||
| Q2 24 | $0.04 | $0.01 | ||
| Q1 24 | $-0.03 | $0.11 |
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 | $2.7B |
| 总债务越低越好 | $1.1B | — |
| 股东权益账面价值 | $2.3B | $22.9B |
| 总资产 | $6.8B | $60.7B |
| 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LEVIRKT
| Q4 25 | $848.8M | $2.7B | ||
| Q3 25 | $707.5M | $5.8B | ||
| Q2 25 | $736.7M | $5.1B | ||
| Q1 25 | $574.4M | $1.4B | ||
| Q4 24 | $690.0M | $1.3B | ||
| Q3 24 | $577.1M | $1.2B | ||
| Q2 24 | $641.4M | $1.3B | ||
| Q1 24 | $516.7M | $861.4M |
总债务LEVIRKT
| 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LEVIRKT
| Q4 25 | $2.3B | $22.9B | ||
| Q3 25 | $2.2B | $8.9B | ||
| Q2 25 | $2.1B | $7.4B | ||
| Q1 25 | $2.0B | $8.6B | ||
| Q4 24 | $2.0B | $9.0B | ||
| Q3 24 | $1.9B | $8.4B | ||
| Q2 24 | $2.0B | $8.8B | ||
| Q1 24 | $2.0B | $8.6B |
总资产LEVIRKT
| Q4 25 | $6.8B | $60.7B | ||
| Q3 25 | $6.7B | $33.6B | ||
| Q2 25 | $6.5B | $30.4B | ||
| Q1 25 | $6.2B | $25.3B | ||
| Q4 24 | $6.4B | $24.5B | ||
| Q3 24 | $6.3B | $25.1B | ||
| Q2 24 | $6.2B | $23.6B | ||
| Q1 24 | $6.0B | $22.2B |
负债/权益比LEVIRKT
| 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 | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $215.7M | $-1.3B |
| 自由现金流率自由现金流/营收 | 12.2% | -47.2% |
| 资本支出强度资本支出/营收 | 2.9% | 1.5% |
| 现金转化率经营现金流/净利润 | 1.69× | -18.08× |
| 过去12个月自由现金流最近4个季度 | $308.2M | $-4.0B |
8季度趋势，按日历期对齐
经营现金流LEVIRKT
| Q4 25 | $266.8M | $-1.2B | ||
| Q3 25 | $24.8M | $-50.3M | ||
| Q2 25 | $185.5M | $-1.9B | ||
| Q1 25 | $52.5M | $-797.0M | ||
| Q4 24 | $297.3M | $1.8B | ||
| Q3 24 | $52.3M | $-1.3B | ||
| Q2 24 | $262.8M | $-122.3M | ||
| Q1 24 | $286.0M | $-3.0B |
自由现金流LEVIRKT
| Q4 25 | $215.7M | $-1.3B | ||
| Q3 25 | $-39.4M | $-71.8M | ||
| Q2 25 | $146.0M | $-1.9B | ||
| Q1 25 | $-14.1M | $-811.0M | ||
| Q4 24 | $231.6M | $1.8B | ||
| Q3 24 | $2.3M | $-1.4B | ||
| Q2 24 | $222.6M | $-138.3M | ||
| Q1 24 | $214.4M | $-3.0B |
自由现金流率LEVIRKT
| Q4 25 | 12.2% | -47.2% | ||
| Q3 25 | -2.6% | -4.5% | ||
| Q2 25 | 10.1% | -137.2% | ||
| Q1 25 | -0.9% | -78.2% | ||
| Q4 24 | 12.6% | 103.1% | ||
| Q3 24 | 0.2% | -209.6% | ||
| Q2 24 | 15.4% | -10.6% | ||
| Q1 24 | 13.8% | -218.7% |
资本支出强度LEVIRKT
| Q4 25 | 2.9% | 1.5% | ||
| Q3 25 | 4.2% | 1.3% | ||
| Q2 25 | 2.7% | 1.1% | ||
| Q1 25 | 4.4% | 1.4% | ||
| Q4 24 | 3.6% | 1.1% | ||
| Q3 24 | 3.3% | 2.9% | ||
| Q2 24 | 2.8% | 1.2% | ||
| Q1 24 | 4.6% | 1.0% |
现金转化率LEVIRKT
| Q4 25 | 1.69× | -18.08× | ||
| Q3 25 | 0.11× | — | ||
| Q2 25 | 2.77× | — | ||
| Q1 25 | 0.39× | — | ||
| Q4 24 | 1.63× | 54.42× | ||
| Q3 24 | 2.53× | — | ||
| Q2 24 | 14.60× | -94.46× | ||
| Q1 24 | — | -185.80× |
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% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
