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雷诺士国际（LII）与Vestis Corp（VSTS）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Vestis Corp的1.8倍（$1.2B vs $663.4M），雷诺士国际净利率更高（13.6% vs -1.0%，领先14.5%），Vestis Corp同比增速更快（-3.0% vs -11.2%），雷诺士国际自由现金流更多（$376.7M vs $28.3M），过去两年雷诺士国际的营收复合增速更高（6.8% vs -3.0%）
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。
Vestis Corp是北美领先的工作制服、安全防护服饰及配套设施服务供应商，服务覆盖医疗、制造、零售、餐饮住宿、公共服务等多个领域，为企业客户提供定制化的制服租赁、清洁与日常维护解决方案。
LII vs VSTS — 直观对比
营收规模更大
LII
是对方的1.8倍
$663.4M
营收增速更快
VSTS
高出8.2%
-11.2%
净利率更高
LII
高出14.5%
-1.0%
自由现金流更多
LII
多$348.4M
$28.3M
两年增速更快
LII
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $663.4M |
| 净利润 | $162.1M | $-6.4M |
| 毛利率 | 34.7% | — |
| 营业利润率 | 18.6% | 2.5% |
| 净利率 | 13.6% | -1.0% |
| 营收同比 | -11.2% | -3.0% |
| 净利润同比 | -18.0% | -868.1% |
| 每股收益（稀释后） | $4.62 | $-0.05 |
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LIIVSTS
| Q1 26 | — | $663.4M | ||
| Q4 25 | $1.2B | $712.0M | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.5B | $673.8M | ||
| Q1 25 | $1.1B | $665.2M | ||
| Q4 24 | $1.3B | $683.8M | ||
| Q3 24 | $1.5B | $684.3M | ||
| Q2 24 | $1.5B | $698.2M |
净利润LIIVSTS
| Q1 26 | — | $-6.4M | ||
| Q4 25 | $162.1M | $-12.5M | ||
| Q3 25 | $245.8M | — | ||
| Q2 25 | $277.6M | $-676.0K | ||
| Q1 25 | $120.3M | $-27.8M | ||
| Q4 24 | $197.7M | $832.0K | ||
| Q3 24 | $239.0M | $-2.3M | ||
| Q2 24 | $245.9M | $5.0M |
毛利率LIIVSTS
| Q1 26 | — | — | ||
| Q4 25 | 34.7% | — | ||
| Q3 25 | 32.8% | — | ||
| Q2 25 | 34.8% | — | ||
| Q1 25 | 30.6% | — | ||
| Q4 24 | 33.9% | — | ||
| Q3 24 | 32.6% | — | ||
| Q2 24 | 33.6% | — |
营业利润率LIIVSTS
| Q1 26 | — | 2.5% | ||
| Q4 25 | 18.6% | 2.5% | ||
| Q3 25 | 21.7% | — | ||
| Q2 25 | 23.6% | 3.7% | ||
| Q1 25 | 14.5% | -1.3% | ||
| Q4 24 | 18.2% | 4.4% | ||
| Q3 24 | 20.2% | 4.4% | ||
| Q2 24 | 22.1% | 5.4% |
净利率LIIVSTS
| Q1 26 | — | -1.0% | ||
| Q4 25 | 13.6% | -1.8% | ||
| Q3 25 | 17.2% | — | ||
| Q2 25 | 18.5% | -0.1% | ||
| Q1 25 | 11.2% | -4.2% | ||
| Q4 24 | 14.7% | 0.1% | ||
| Q3 24 | 16.0% | -0.3% | ||
| Q2 24 | 16.9% | 0.7% |
每股收益（稀释后）LIIVSTS
| Q1 26 | — | $-0.05 | ||
| Q4 25 | $4.62 | $-0.10 | ||
| Q3 25 | $6.98 | — | ||
| Q2 25 | $7.82 | $-0.01 | ||
| Q1 25 | $3.37 | $-0.21 | ||
| Q4 24 | $5.52 | $0.01 | ||
| Q3 24 | $6.68 | $-0.02 | ||
| Q2 24 | $6.87 | $0.04 |
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 | $41.5M |
| 总债务越低越好 | $1.1B | — |
| 股东权益账面价值 | $1.2B | $864.4M |
| 总资产 | $4.1B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.98× | — |
8季度趋势，按日历期对齐
现金及短期投资LIIVSTS
| Q1 26 | — | $41.5M | ||
| Q4 25 | $34.7M | $29.7M | ||
| Q3 25 | $59.2M | — | ||
| Q2 25 | $55.1M | $23.7M | ||
| Q1 25 | $222.9M | $28.8M | ||
| Q4 24 | $422.3M | $18.6M | ||
| Q3 24 | $255.7M | $31.0M | ||
| Q2 24 | $57.8M | $29.1M |
总债务LIIVSTS
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $838.2M | — | ||
| Q2 25 | $835.7M | — | ||
| Q1 25 | $834.2M | — | ||
| Q4 24 | $833.1M | — | ||
| Q3 24 | $827.6M | $1.2B | ||
| Q2 24 | $1.1B | — |
股东权益LIIVSTS
| Q1 26 | — | $864.4M | ||
| Q4 25 | $1.2B | $865.6M | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $900.5M | $882.2M | ||
| Q1 25 | $852.5M | $876.3M | ||
| Q4 24 | $850.2M | $899.6M | ||
| Q3 24 | $754.0M | $903.1M | ||
| Q2 24 | $577.4M | $901.2M |
总资产LIIVSTS
| Q1 26 | — | $2.9B | ||
| Q4 25 | $4.1B | $2.9B | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $3.7B | $2.9B | ||
| Q1 25 | $3.5B | $2.9B | ||
| Q4 24 | $3.5B | $2.9B | ||
| Q3 24 | $3.3B | $2.9B | ||
| Q2 24 | $3.2B | $3.1B |
负债/权益比LIIVSTS
| Q1 26 | — | — | ||
| Q4 25 | 0.98× | 1.35× | ||
| Q3 25 | 0.78× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 0.98× | — | ||
| Q4 24 | 0.98× | — | ||
| Q3 24 | 1.10× | 1.29× | ||
| Q2 24 | 1.95× | — |
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 | $37.7M |
| 自由现金流经营现金流 - 资本支出 | $376.7M | $28.3M |
| 自由现金流率自由现金流/营收 | 31.5% | 4.3% |
| 资本支出强度资本支出/营收 | 2.4% | 1.4% |
| 现金转化率经营现金流/净利润 | 2.50× | — |
| 过去12个月自由现金流最近4个季度 | $638.8M | $45.0M |
8季度趋势，按日历期对齐
经营现金流LIIVSTS
| Q1 26 | — | $37.7M | ||
| Q4 25 | $405.9M | $30.9M | ||
| Q3 25 | $300.7M | — | ||
| Q2 25 | $86.8M | $22.9M | ||
| Q1 25 | $-35.8M | $6.7M | ||
| Q4 24 | $332.4M | $3.8M | ||
| Q3 24 | $452.1M | $295.6M | ||
| Q2 24 | $184.0M | $48.7M |
自由现金流LIIVSTS
| Q1 26 | — | $28.3M | ||
| Q4 25 | $376.7M | $15.6M | ||
| Q3 25 | $265.1M | — | ||
| Q2 25 | $58.3M | $8.0M | ||
| Q1 25 | $-61.3M | $-6.9M | ||
| Q4 24 | $272.2M | $-11.0M | ||
| Q3 24 | $410.9M | $267.5M | ||
| Q2 24 | $151.3M | $27.7M |
自由现金流率LIIVSTS
| Q1 26 | — | 4.3% | ||
| Q4 25 | 31.5% | 2.2% | ||
| Q3 25 | 18.6% | — | ||
| Q2 25 | 3.9% | 1.2% | ||
| Q1 25 | -5.7% | -1.0% | ||
| Q4 24 | 20.2% | -1.6% | ||
| Q3 24 | 27.4% | 39.1% | ||
| Q2 24 | 10.4% | 4.0% |
资本支出强度LIIVSTS
| Q1 26 | — | 1.4% | ||
| Q4 25 | 2.4% | 2.2% | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 1.9% | 2.2% | ||
| Q1 25 | 2.4% | 2.0% | ||
| Q4 24 | 4.5% | 2.2% | ||
| Q3 24 | 2.8% | 4.1% | ||
| Q2 24 | 2.3% | 3.0% |
现金转化率LIIVSTS
| Q1 26 | — | — | ||
| Q4 25 | 2.50× | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | -0.30× | — | ||
| Q4 24 | 1.68× | 4.54× | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 0.75× | 9.66× |
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% |
VSTS
| Workplace Supplies | $375.2M | 57% |
| Uniforms | $227.7M | 34% |
| Other | $60.5M | 9% |
