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李维斯（LEVI）与维谛技术（VRT）财务数据对比。点击上方公司名可切换其他公司
维谛技术的季度营收约是李维斯的1.5倍（$2.6B vs $1.8B），维谛技术净利率更高（14.7% vs 8.9%，领先5.8%），维谛技术同比增速更快（30.1% vs -4.0%），维谛技术自由现金流更多（$652.8M vs $215.7M），过去两年维谛技术的营收复合增速更高（16.5% 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。
维谛技术（Vertiv）是一家美国跨国企业，专注于为数据中心、通信网络、商业及工业场景提供关键基础设施及配套服务，旗下方案可有效保障各行业客户关键业务系统的稳定高效运行。
LEVI vs VRT — 直观对比
营收规模更大
VRT
是对方的1.5倍
$1.8B
营收增速更快
VRT
高出34.1%
-4.0%
净利率更高
VRT
高出5.8%
8.9%
自由现金流更多
VRT
多$437.1M
$215.7M
两年增速更快
VRT
近两年复合增速
6.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $2.6B |
| 净利润 | $158.0M | $390.1M |
| 毛利率 | 60.8% | 37.7% |
| 营业利润率 | 11.9% | — |
| 净利率 | 8.9% | 14.7% |
| 营收同比 | -4.0% | 30.1% |
| 净利润同比 | -13.4% | 137.1% |
| 每股收益（稀释后） | $0.39 | $0.99 |
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LEVIVRT
| Q1 26 | — | $2.6B | ||
| Q4 25 | $1.8B | $2.9B | ||
| Q3 25 | $1.5B | $2.7B | ||
| Q2 25 | $1.4B | $2.6B | ||
| Q1 25 | $1.5B | $2.0B | ||
| Q4 24 | $1.8B | $2.3B | ||
| Q3 24 | $1.5B | $2.1B | ||
| Q2 24 | $1.4B | $2.0B |
净利润LEVIVRT
| Q1 26 | — | $390.1M | ||
| Q4 25 | $158.0M | $445.6M | ||
| Q3 25 | $218.1M | $398.5M | ||
| Q2 25 | $67.0M | $324.2M | ||
| Q1 25 | $135.0M | $164.5M | ||
| Q4 24 | $182.5M | $147.0M | ||
| Q3 24 | $20.7M | $176.6M | ||
| Q2 24 | $18.0M | $178.1M |
毛利率LEVIVRT
| Q1 26 | — | 37.7% | ||
| Q4 25 | 60.8% | 38.9% | ||
| Q3 25 | 61.7% | 37.8% | ||
| Q2 25 | 62.6% | 34.0% | ||
| Q1 25 | 62.1% | 33.7% | ||
| Q4 24 | 61.3% | 37.1% | ||
| Q3 24 | 60.0% | 36.5% | ||
| Q2 24 | 60.5% | 38.0% |
营业利润率LEVIVRT
| Q1 26 | — | — | ||
| Q4 25 | 11.9% | 20.1% | ||
| Q3 25 | 10.8% | 19.3% | ||
| Q2 25 | 7.5% | 16.8% | ||
| Q1 25 | 12.5% | 14.3% | ||
| Q4 24 | 11.5% | 19.5% | ||
| Q3 24 | 2.0% | 17.9% | ||
| Q2 24 | 1.5% | 17.2% |
净利率LEVIVRT
| Q1 26 | — | 14.7% | ||
| Q4 25 | 8.9% | 15.5% | ||
| Q3 25 | 14.1% | 14.9% | ||
| Q2 25 | 4.6% | 12.3% | ||
| Q1 25 | 8.8% | 8.1% | ||
| Q4 24 | 9.9% | 6.3% | ||
| Q3 24 | 1.4% | 8.5% | ||
| Q2 24 | 1.2% | 9.1% |
每股收益（稀释后）LEVIVRT
| Q1 26 | — | $0.99 | ||
| Q4 25 | $0.39 | $1.14 | ||
| Q3 25 | $0.55 | $1.02 | ||
| Q2 25 | $0.17 | $0.83 | ||
| Q1 25 | $0.34 | $0.42 | ||
| Q4 24 | $0.46 | $0.38 | ||
| Q3 24 | $0.05 | $0.46 | ||
| Q2 24 | $0.04 | $0.46 |
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 | $2.5B |
| 总债务越低越好 | $1.1B | $0 |
| 股东权益账面价值 | $2.3B | $4.2B |
| 总资产 | $6.8B | $13.4B |
| 负债/权益比越低杠杆越低 | 0.46× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资LEVIVRT
| Q1 26 | — | $2.5B | ||
| Q4 25 | $848.8M | $1.7B | ||
| Q3 25 | $707.5M | $1.4B | ||
| Q2 25 | $736.7M | $1.6B | ||
| Q1 25 | $574.4M | $1.5B | ||
| Q4 24 | $690.0M | $1.2B | ||
| Q3 24 | $577.1M | $908.7M | ||
| Q2 24 | $641.4M | $579.7M |
总债务LEVIVRT
| Q1 26 | — | $0 | ||
| Q4 25 | $1.1B | $2.9B | ||
| Q3 25 | $1.0B | $2.9B | ||
| Q2 25 | $1.0B | $2.9B | ||
| Q1 25 | $987.4M | $2.9B | ||
| Q4 24 | $994.0M | $2.9B | ||
| Q3 24 | $1.0B | $2.9B | ||
| Q2 24 | $1.0B | $2.9B |
股东权益LEVIVRT
| Q1 26 | — | $4.2B | ||
| Q4 25 | $2.3B | $3.9B | ||
| Q3 25 | $2.2B | $3.5B | ||
| Q2 25 | $2.1B | $3.1B | ||
| Q1 25 | $2.0B | $2.7B | ||
| Q4 24 | $2.0B | $2.4B | ||
| Q3 24 | $1.9B | $1.8B | ||
| Q2 24 | $2.0B | $1.5B |
总资产LEVIVRT
| Q1 26 | — | $13.4B | ||
| Q4 25 | $6.8B | $12.2B | ||
| Q3 25 | $6.7B | $10.8B | ||
| Q2 25 | $6.5B | $10.4B | ||
| Q1 25 | $6.2B | $9.5B | ||
| Q4 24 | $6.4B | $9.1B | ||
| Q3 24 | $6.3B | $8.9B | ||
| Q2 24 | $6.2B | $8.1B |
负债/权益比LEVIVRT
| Q1 26 | — | 0.00× | ||
| Q4 25 | 0.46× | 0.74× | ||
| Q3 25 | 0.48× | 0.83× | ||
| Q2 25 | 0.49× | 0.93× | ||
| Q1 25 | 0.49× | 1.10× | ||
| Q4 24 | 0.50× | 1.20× | ||
| Q3 24 | 0.54× | 1.62× | ||
| Q2 24 | 0.51× | 1.91× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $215.7M | $652.8M |
| 自由现金流率自由现金流/营收 | 12.2% | 24.6% |
| 资本支出强度资本支出/营收 | 2.9% | 4.2% |
| 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 | $2.3B |
8季度趋势，按日历期对齐
经营现金流LEVIVRT
| Q1 26 | — | — | ||
| Q4 25 | $266.8M | $978.9M | ||
| Q3 25 | $24.8M | $508.7M | ||
| Q2 25 | $185.5M | $322.9M | ||
| Q1 25 | $52.5M | $303.3M | ||
| Q4 24 | $297.3M | $425.2M | ||
| Q3 24 | $52.3M | $378.2M | ||
| Q2 24 | $262.8M | $378.4M |
自由现金流LEVIVRT
| Q1 26 | — | $652.8M | ||
| Q4 25 | $215.7M | $885.6M | ||
| Q3 25 | $-39.4M | $463.5M | ||
| Q2 25 | $146.0M | $277.9M | ||
| Q1 25 | $-14.1M | $266.8M | ||
| Q4 24 | $231.6M | $364.5M | ||
| Q3 24 | $2.3M | $341.8M | ||
| Q2 24 | $222.6M | $344.3M |
自由现金流率LEVIVRT
| Q1 26 | — | 24.6% | ||
| Q4 25 | 12.2% | 30.8% | ||
| Q3 25 | -2.6% | 17.3% | ||
| Q2 25 | 10.1% | 10.5% | ||
| Q1 25 | -0.9% | 13.1% | ||
| Q4 24 | 12.6% | 15.5% | ||
| Q3 24 | 0.2% | 16.5% | ||
| Q2 24 | 15.4% | 17.6% |
资本支出强度LEVIVRT
| Q1 26 | — | 4.2% | ||
| Q4 25 | 2.9% | 3.2% | ||
| Q3 25 | 4.2% | 1.7% | ||
| Q2 25 | 2.7% | 1.7% | ||
| Q1 25 | 4.4% | 1.8% | ||
| Q4 24 | 3.6% | 2.6% | ||
| Q3 24 | 3.3% | 1.8% | ||
| Q2 24 | 2.8% | 1.7% |
现金转化率LEVIVRT
| Q1 26 | — | — | ||
| Q4 25 | 1.69× | 2.20× | ||
| Q3 25 | 0.11× | 1.28× | ||
| Q2 25 | 2.77× | 1.00× | ||
| Q1 25 | 0.39× | 1.84× | ||
| Q4 24 | 1.63× | 2.89× | ||
| Q3 24 | 2.53× | 2.14× | ||
| Q2 24 | 14.60× | 2.12× |
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% |
VRT
暂无分部数据
