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雷诺士国际（LII）与Martin Marietta Materials（MLM）财务数据对比。点击上方公司名可切换其他公司
雷诺士国际的季度营收约是Martin Marietta Materials的1.0倍（$1.2B vs $1.1B），Martin Marietta Materials净利率更高（24.5% vs 13.6%，领先10.9%），雷诺士国际同比增速更快（-11.2% vs -30.1%），Martin Marietta Materials自由现金流更多（$424.0M vs $376.7M），过去两年雷诺士国际的营收复合增速更高（6.8% vs -4.5%）
雷诺士国际是美国知名的暖通空调（HVAC）及制冷领域气候控制产品供应商，总部位于得克萨斯州理查森。公司在墨西哥萨尔蒂约、美国爱荷华州马歇尔敦、南卡罗来纳州奥兰治堡设有核心生产基地，1904年收购公司的诺里斯家族后裔约翰·W·诺里斯三世持有其9.8%的股份。
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
LII vs MLM — 直观对比
营收规模更大
LII
是对方的1.0倍
$1.1B
营收增速更快
LII
高出19.0%
-30.1%
净利率更高
MLM
高出10.9%
13.6%
自由现金流更多
MLM
多$47.3M
$376.7M
两年增速更快
LII
近两年复合增速
-4.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.1B |
| 净利润 | $162.1M | $279.0M |
| 毛利率 | 34.7% | 35.0% |
| 营业利润率 | 18.6% | 24.6% |
| 净利率 | 13.6% | 24.5% |
| 营收同比 | -11.2% | -30.1% |
| 净利润同比 | -18.0% | -4.8% |
| 每股收益（稀释后） | $4.62 | $4.59 |
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LIIMLM
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $1.4B | $1.8B | ||
| Q2 25 | $1.5B | $1.8B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $1.5B | $1.9B | ||
| Q2 24 | $1.5B | $1.8B | ||
| Q1 24 | $1.0B | $1.3B |
净利润LIIMLM
| Q4 25 | $162.1M | $279.0M | ||
| Q3 25 | $245.8M | $414.0M | ||
| Q2 25 | $277.6M | $328.0M | ||
| Q1 25 | $120.3M | $116.0M | ||
| Q4 24 | $197.7M | $293.0M | ||
| Q3 24 | $239.0M | $363.0M | ||
| Q2 24 | $245.9M | $294.0M | ||
| Q1 24 | $124.3M | $1.0B |
毛利率LIIMLM
| Q4 25 | 34.7% | 35.0% | ||
| Q3 25 | 32.8% | 33.1% | ||
| Q2 25 | 34.8% | 30.0% | ||
| Q1 25 | 30.6% | 24.8% | ||
| Q4 24 | 33.9% | 30.0% | ||
| Q3 24 | 32.6% | 31.7% | ||
| Q2 24 | 33.6% | 29.3% | ||
| Q1 24 | 32.5% | 21.7% |
营业利润率LIIMLM
| Q4 25 | 18.6% | 24.6% | ||
| Q3 25 | 21.7% | 27.4% | ||
| Q2 25 | 23.6% | 25.3% | ||
| Q1 25 | 14.5% | 14.3% | ||
| Q4 24 | 18.2% | 24.4% | ||
| Q3 24 | 20.2% | 25.9% | ||
| Q2 24 | 22.1% | 22.6% | ||
| Q1 24 | 15.9% | — |
净利率LIIMLM
| Q4 25 | 13.6% | 24.5% | ||
| Q3 25 | 17.2% | 22.4% | ||
| Q2 25 | 18.5% | 18.1% | ||
| Q1 25 | 11.2% | 8.6% | ||
| Q4 24 | 14.7% | 18.0% | ||
| Q3 24 | 16.0% | 19.2% | ||
| Q2 24 | 16.9% | 16.7% | ||
| Q1 24 | 11.9% | 83.5% |
每股收益（稀释后）LIIMLM
| Q4 25 | $4.62 | $4.59 | ||
| Q3 25 | $6.98 | $6.85 | ||
| Q2 25 | $7.82 | $5.43 | ||
| Q1 25 | $3.37 | $1.90 | ||
| Q4 24 | $5.52 | $4.87 | ||
| Q3 24 | $6.68 | $5.91 | ||
| Q2 24 | $6.87 | $4.76 | ||
| Q1 24 | $3.47 | $16.87 |
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 | $34.7M | $67.0M |
| 总债务越低越好 | $1.1B | $5.3B |
| 股东权益账面价值 | $1.2B | $10.0B |
| 总资产 | $4.1B | $18.7B |
| 负债/权益比越低杠杆越低 | 0.98× | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资LIIMLM
| Q4 25 | $34.7M | $67.0M | ||
| Q3 25 | $59.2M | $57.0M | ||
| Q2 25 | $55.1M | $225.0M | ||
| Q1 25 | $222.9M | $101.0M | ||
| Q4 24 | $422.3M | $670.0M | ||
| Q3 24 | $255.7M | $52.0M | ||
| Q2 24 | $57.8M | $109.0M | ||
| Q1 24 | $57.6M | $2.6B |
总债务LIIMLM
| Q4 25 | $1.1B | $5.3B | ||
| Q3 25 | $838.2M | $5.5B | ||
| Q2 25 | $835.7M | $5.4B | ||
| Q1 25 | $834.2M | $5.4B | ||
| Q4 24 | $833.1M | $5.4B | ||
| Q3 24 | $827.6M | $4.0B | ||
| Q2 24 | $1.1B | $4.3B | ||
| Q1 24 | $1.2B | $4.3B |
股东权益LIIMLM
| Q4 25 | $1.2B | $10.0B | ||
| Q3 25 | $1.1B | $9.7B | ||
| Q2 25 | $900.5M | $9.4B | ||
| Q1 25 | $852.5M | $9.1B | ||
| Q4 24 | $850.2M | $9.5B | ||
| Q3 24 | $754.0M | $9.2B | ||
| Q2 24 | $577.4M | $8.8B | ||
| Q1 24 | $368.8M | $8.9B |
总资产LIIMLM
| Q4 25 | $4.1B | $18.7B | ||
| Q3 25 | $3.5B | $18.7B | ||
| Q2 25 | $3.7B | $18.1B | ||
| Q1 25 | $3.5B | $17.7B | ||
| Q4 24 | $3.5B | $18.2B | ||
| Q3 24 | $3.3B | $16.5B | ||
| Q2 24 | $3.2B | $16.3B | ||
| Q1 24 | $3.0B | $16.2B |
负债/权益比LIIMLM
| Q4 25 | 0.98× | 0.53× | ||
| Q3 25 | 0.78× | 0.57× | ||
| Q2 25 | 0.93× | 0.58× | ||
| Q1 25 | 0.98× | 0.60× | ||
| Q4 24 | 0.98× | 0.57× | ||
| Q3 24 | 1.10× | 0.44× | ||
| Q2 24 | 1.95× | 0.49× | ||
| Q1 24 | 3.13× | 0.49× |
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 | $405.9M | $629.0M |
| 自由现金流经营现金流 - 资本支出 | $376.7M | $424.0M |
| 自由现金流率自由现金流/营收 | 31.5% | 37.2% |
| 资本支出强度资本支出/营收 | 2.4% | 18.0% |
| 现金转化率经营现金流/净利润 | 2.50× | 2.25× |
| 过去12个月自由现金流最近4个季度 | $638.8M | $978.0M |
8季度趋势，按日历期对齐
经营现金流LIIMLM
| Q4 25 | $405.9M | $629.0M | ||
| Q3 25 | $300.7M | $551.0M | ||
| Q2 25 | $86.8M | $387.0M | ||
| Q1 25 | $-35.8M | $218.0M | ||
| Q4 24 | $332.4M | $686.0M | ||
| Q3 24 | $452.1M | $600.0M | ||
| Q2 24 | $184.0M | $1.0M | ||
| Q1 24 | $-22.8M | $172.0M |
自由现金流LIIMLM
| Q4 25 | $376.7M | $424.0M | ||
| Q3 25 | $265.1M | $361.0M | ||
| Q2 25 | $58.3M | $208.0M | ||
| Q1 25 | $-61.3M | $-15.0M | ||
| Q4 24 | $272.2M | $453.0M | ||
| Q3 24 | $410.9M | $317.0M | ||
| Q2 24 | $151.3M | $-138.0M | ||
| Q1 24 | $-52.3M | $-28.0M |
自由现金流率LIIMLM
| Q4 25 | 31.5% | 37.2% | ||
| Q3 25 | 18.6% | 19.6% | ||
| Q2 25 | 3.9% | 11.5% | ||
| Q1 25 | -5.7% | -1.1% | ||
| Q4 24 | 20.2% | 27.8% | ||
| Q3 24 | 27.4% | 16.8% | ||
| Q2 24 | 10.4% | -7.8% | ||
| Q1 24 | -5.0% | -2.2% |
资本支出强度LIIMLM
| Q4 25 | 2.4% | 18.0% | ||
| Q3 25 | 2.5% | 10.3% | ||
| Q2 25 | 1.9% | 9.9% | ||
| Q1 25 | 2.4% | 17.2% | ||
| Q4 24 | 4.5% | 14.3% | ||
| Q3 24 | 2.8% | 15.0% | ||
| Q2 24 | 2.3% | 7.9% | ||
| Q1 24 | 2.8% | 16.0% |
现金转化率LIIMLM
| Q4 25 | 2.50× | 2.25× | ||
| Q3 25 | 1.22× | 1.33× | ||
| Q2 25 | 0.31× | 1.18× | ||
| Q1 25 | -0.30× | 1.88× | ||
| Q4 24 | 1.68× | 2.34× | ||
| Q3 24 | 1.89× | 1.65× | ||
| Q2 24 | 0.75× | 0.00× | ||
| Q1 24 | -0.18× | 0.16× |
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
LII
| Residential Heating And Cooling | $699.8M | 59% |
| Commercial Heating And Cooling | $495.2M | 41% |
MLM
| Building Materials Business East Group | $774.0M | 68% |
| Building Materials Business West Group | $233.0M | 20% |
| Services | $88.0M | 8% |
| Other | $45.0M | 4% |
