vs
L3Harris（LHX）与皇家加勒比集团（RCL）财务数据对比。点击上方公司名可切换其他公司
L3Harris的季度营收约是皇家加勒比集团的1.3倍（$5.7B vs $4.5B），皇家加勒比集团净利率更高（21.3% vs 8.9%，领先12.4%），L3Harris同比增速更快（24.0% vs 11.3%），过去两年L3Harris的营收复合增速更高（5.0% vs 4.1%）
L3Harris Technologies是美国科技企业、国防承包商及信息技术服务提供商，产品涵盖指挥控制系统、无线设备、战术电台、航电与电子系统、夜视设备、C3ISR系统、海洋系统、导航产品、训练设备及服务、陆基与星载天线等，主要服务政府领域客户。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
LHX vs RCL — 直观对比
营收规模更大
LHX
是对方的1.3倍
$4.5B
营收增速更快
LHX
高出12.7%
11.3%
净利率更高
RCL
高出12.4%
8.9%
两年增速更快
LHX
近两年复合增速
4.1%
损益表 — Q1 FY2027 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.7B | $4.5B |
| 净利润 | $512.0M | $950.0M |
| 毛利率 | 175.6% | — |
| 营业利润率 | 11.4% | 26.1% |
| 净利率 | 8.9% | 21.3% |
| 营收同比 | 24.0% | 11.3% |
| 净利润同比 | 32.6% | 29.1% |
| 每股收益（稀释后） | $2.72 | $3.48 |
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LHXRCL
| Q1 26 | $21.9B | $4.5B | ||
| Q4 25 | $5.7B | $4.3B | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | $5.4B | $4.5B | ||
| Q1 25 | $5.5B | $4.0B | ||
| Q4 24 | — | $3.8B | ||
| Q3 24 | $5.3B | $4.9B | ||
| Q2 24 | $5.3B | $4.1B |
净利润LHXRCL
| Q1 26 | — | $950.0M | ||
| Q4 25 | $462.0M | $753.0M | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | $458.0M | $1.2B | ||
| Q1 25 | $453.0M | $730.0M | ||
| Q4 24 | — | $552.0M | ||
| Q3 24 | $400.0M | $1.1B | ||
| Q2 24 | $366.0M | $854.0M |
毛利率LHXRCL
| Q1 26 | 25.7% | — | ||
| Q4 25 | 26.4% | 47.4% | ||
| Q3 25 | — | 51.8% | ||
| Q2 25 | 24.6% | 49.7% | ||
| Q1 25 | 25.3% | 48.0% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | 26.8% | 51.1% | ||
| Q2 24 | 25.7% | 47.6% |
营业利润率LHXRCL
| Q1 26 | 9.7% | 26.1% | ||
| Q4 25 | 11.0% | 21.9% | ||
| Q3 25 | — | 33.1% | ||
| Q2 25 | 10.5% | 29.3% | ||
| Q1 25 | 10.3% | 23.6% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | 9.4% | 33.4% | ||
| Q2 24 | 9.0% | 26.7% |
净利率LHXRCL
| Q1 26 | — | 21.3% | ||
| Q4 25 | 8.2% | 17.7% | ||
| Q3 25 | — | 30.6% | ||
| Q2 25 | 8.4% | 26.7% | ||
| Q1 25 | 8.2% | 18.3% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | 7.6% | 22.7% | ||
| Q2 24 | 6.9% | 20.8% |
每股收益（稀释后）LHXRCL
| Q1 26 | — | $3.48 | ||
| Q4 25 | $2.46 | $2.76 | ||
| Q3 25 | — | $5.74 | ||
| Q2 25 | $2.44 | $4.41 | ||
| Q1 25 | $2.37 | $2.70 | ||
| Q4 24 | — | $2.27 | ||
| Q3 24 | $2.10 | $4.21 | ||
| Q2 24 | $1.92 | $3.11 |
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 | $590.0K | $512.0M |
| 总债务越低越好 | $350.0K | $21.1B |
| 股东权益账面价值 | $19.7M | $10.0B |
| 总资产 | $41.4M | $42.0B |
| 负债/权益比越低杠杆越低 | 0.02× | 2.11× |
8季度趋势，按日历期对齐
现金及短期投资LHXRCL
| Q1 26 | $1.1B | $512.0M | ||
| Q4 25 | $339.0M | $825.0M | ||
| Q3 25 | — | $432.0M | ||
| Q2 25 | $482.0M | $735.0M | ||
| Q1 25 | $615.0M | $386.0M | ||
| Q4 24 | — | $388.0M | ||
| Q3 24 | $539.0M | $418.0M | ||
| Q2 24 | $547.0M | $391.0M |
总债务LHXRCL
| Q1 26 | $10.4B | $21.1B | ||
| Q4 25 | $11.0B | $18.2B | ||
| Q3 25 | — | $17.2B | ||
| Q2 25 | $11.0B | $17.6B | ||
| Q1 25 | $11.1B | $18.0B | ||
| Q4 24 | — | $18.5B | ||
| Q3 24 | $11.1B | $19.0B | ||
| Q2 24 | $10.5B | $19.8B |
股东权益LHXRCL
| Q1 26 | $19.6B | $10.0B | ||
| Q4 25 | $19.5B | $10.0B | ||
| Q3 25 | — | $10.1B | ||
| Q2 25 | $19.3B | $9.2B | ||
| Q1 25 | $19.5B | $8.0B | ||
| Q4 24 | — | $7.6B | ||
| Q3 24 | $19.0B | $7.0B | ||
| Q2 24 | $18.8B | $6.0B |
总资产LHXRCL
| Q1 26 | $41.2B | $42.0B | ||
| Q4 25 | $41.0B | $41.6B | ||
| Q3 25 | — | $40.1B | ||
| Q2 25 | $41.2B | $38.5B | ||
| Q1 25 | $42.0B | $37.5B | ||
| Q4 24 | — | $37.1B | ||
| Q3 24 | $41.9B | $37.1B | ||
| Q2 24 | $41.7B | $37.0B |
负债/权益比LHXRCL
| Q1 26 | 0.53× | 2.11× | ||
| Q4 25 | 0.56× | 1.81× | ||
| Q3 25 | — | 1.70× | ||
| Q2 25 | 0.57× | 1.92× | ||
| Q1 25 | 0.57× | 2.26× | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | 0.58× | 2.69× | ||
| Q2 24 | 0.56× | 3.29× |
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 | $-95.0M | $1.8B |
| 自由现金流经营现金流 - 资本支出 | $-187.0M | — |
| 自由现金流率自由现金流/营收 | -3.3% | — |
| 资本支出强度资本支出/营收 | 1.7% | — |
| 现金转化率经营现金流/净利润 | -0.19× | 1.93× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LHXRCL
| Q1 26 | — | $1.8B | ||
| Q4 25 | $546.0M | $1.6B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | $640.0M | $1.7B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $780.0M | $897.0M | ||
| Q2 24 | $754.0M | $1.6B |
自由现金流LHXRCL
| Q1 26 | — | — | ||
| Q4 25 | $427.0M | $116.0M | ||
| Q3 25 | — | $-989.0M | ||
| Q2 25 | $552.0M | $910.0M | ||
| Q1 25 | $1.0B | $1.2B | ||
| Q4 24 | — | $915.0M | ||
| Q3 24 | $702.0M | $563.0M | ||
| Q2 24 | $657.0M | $-567.0M |
自由现金流率LHXRCL
| Q1 26 | — | — | ||
| Q4 25 | 7.5% | 2.7% | ||
| Q3 25 | — | -19.2% | ||
| Q2 25 | 10.2% | 20.1% | ||
| Q1 25 | 18.3% | 30.0% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | 13.3% | 11.5% | ||
| Q2 24 | 12.4% | -13.8% |
资本支出强度LHXRCL
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 35.4% | ||
| Q3 25 | — | 47.8% | ||
| Q2 25 | 1.6% | 18.4% | ||
| Q1 25 | 2.1% | 10.7% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | 1.5% | 6.8% | ||
| Q2 24 | 1.8% | 52.1% |
现金转化率LHXRCL
| Q1 26 | — | 1.93× | ||
| Q4 25 | 1.18× | 2.16× | ||
| Q3 25 | — | 0.93× | ||
| Q2 25 | 1.40× | 1.44× | ||
| Q1 25 | 2.49× | 2.23× | ||
| Q4 24 | — | 2.66× | ||
| Q3 24 | 1.95× | 0.81× | ||
| Q2 24 | 2.06× | 1.84× |
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
LHX
| Space & Mission Systems | $3.0B | 52% |
| Communication & Spectrum Dominance | $1.9B | 32% |
| Missile Solutions | $990.0M | 17% |
RCL
| Passenger ticket revenues | $3.0B | 68% |
| Onboard and other revenues | $1.4B | 32% |
