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雷诺士国际（LII）与Worthington Steel, Inc.（WS）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Worthington Steel, Inc.的1.4倍（$1.2B vs $871.9M），雷诺士国际净利率更高（13.6% vs 2.2%，领先11.4%），Worthington Steel, Inc.同比增速更快（18.0% vs -11.2%），雷诺士国际自由现金流更多（$376.7M vs $74.6M），过去两年雷诺士国际的营收复合增速更高（6.8% vs 3.9%）
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。
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
LII vs WS — 直观对比
营收规模更大
LII
是对方的1.4倍
$871.9M
营收增速更快
WS
高出29.1%
-11.2%
净利率更高
LII
高出11.4%
2.2%
自由现金流更多
LII
多$302.1M
$74.6M
两年增速更快
LII
近两年复合增速
3.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $871.9M |
| 净利润 | $162.1M | $18.8M |
| 毛利率 | 34.7% | 10.7% |
| 营业利润率 | 18.6% | 2.5% |
| 净利率 | 13.6% | 2.2% |
| 营收同比 | -11.2% | 18.0% |
| 净利润同比 | -18.0% | 46.9% |
| 每股收益（稀释后） | $4.62 | $0.37 |
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LIIWS
| Q4 25 | $1.2B | $871.9M | ||
| Q3 25 | $1.4B | $872.9M | ||
| Q2 25 | $1.5B | $832.9M | ||
| Q1 25 | $1.1B | $687.4M | ||
| Q4 24 | $1.3B | $739.0M | ||
| Q3 24 | $1.5B | $834.0M | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.0B | $805.8M |
净利润LIIWS
| Q4 25 | $162.1M | $18.8M | ||
| Q3 25 | $245.8M | $36.8M | ||
| Q2 25 | $277.6M | $55.7M | ||
| Q1 25 | $120.3M | $13.8M | ||
| Q4 24 | $197.7M | $12.8M | ||
| Q3 24 | $239.0M | $28.4M | ||
| Q2 24 | $245.9M | — | ||
| Q1 24 | $124.3M | $49.0M |
毛利率LIIWS
| Q4 25 | 34.7% | 10.7% | ||
| Q3 25 | 32.8% | 13.2% | ||
| Q2 25 | 34.8% | 15.2% | ||
| Q1 25 | 30.6% | 11.8% | ||
| Q4 24 | 33.9% | 10.8% | ||
| Q3 24 | 32.6% | 12.0% | ||
| Q2 24 | 33.6% | — | ||
| Q1 24 | 32.5% | 14.9% |
营业利润率LIIWS
| Q4 25 | 18.6% | 2.5% | ||
| Q3 25 | 21.7% | 5.5% | ||
| Q2 25 | 23.6% | 8.0% | ||
| Q1 25 | 14.5% | 2.7% | ||
| Q4 24 | 18.2% | 2.6% | ||
| Q3 24 | 20.2% | 5.2% | ||
| Q2 24 | 22.1% | — | ||
| Q1 24 | 15.9% | 8.2% |
净利率LIIWS
| Q4 25 | 13.6% | 2.2% | ||
| Q3 25 | 17.2% | 4.2% | ||
| Q2 25 | 18.5% | 6.7% | ||
| Q1 25 | 11.2% | 2.0% | ||
| Q4 24 | 14.7% | 1.7% | ||
| Q3 24 | 16.0% | 3.4% | ||
| Q2 24 | 16.9% | — | ||
| Q1 24 | 11.9% | 6.1% |
每股收益（稀释后）LIIWS
| Q4 25 | $4.62 | $0.37 | ||
| Q3 25 | $6.98 | $0.72 | ||
| Q2 25 | $7.82 | $1.11 | ||
| Q1 25 | $3.37 | $0.27 | ||
| Q4 24 | $5.52 | $0.25 | ||
| Q3 24 | $6.68 | $0.56 | ||
| Q2 24 | $6.87 | — | ||
| Q1 24 | $3.47 | $0.98 |
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 | $89.8M |
| 总债务越低越好 | $1.1B | $72.1M |
| 股东权益账面价值 | $1.2B | $1.1B |
| 总资产 | $4.1B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.98× | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资LIIWS
| Q4 25 | $34.7M | $89.8M | ||
| Q3 25 | $59.2M | $78.3M | ||
| Q2 25 | $55.1M | $38.0M | ||
| Q1 25 | $222.9M | $63.3M | ||
| Q4 24 | $422.3M | $52.0M | ||
| Q3 24 | $255.7M | $36.0M | ||
| Q2 24 | $57.8M | — | ||
| Q1 24 | $57.6M | $60.8M |
总债务LIIWS
| Q4 25 | $1.1B | $72.1M | ||
| Q3 25 | $838.2M | $73.4M | ||
| Q2 25 | $835.7M | $151.5M | ||
| Q1 25 | $834.2M | — | ||
| Q4 24 | $833.1M | $115.0M | ||
| Q3 24 | $827.6M | $122.2M | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.2B | $147.2M |
股东权益LIIWS
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $900.5M | $1.1B | ||
| Q1 25 | $852.5M | $1.0B | ||
| Q4 24 | $850.2M | $1.0B | ||
| Q3 24 | $754.0M | $1.0B | ||
| Q2 24 | $577.4M | — | ||
| Q1 24 | $368.8M | $937.6M |
总资产LIIWS
| Q4 25 | $4.1B | $2.1B | ||
| Q3 25 | $3.5B | $2.2B | ||
| Q2 25 | $3.7B | $2.0B | ||
| Q1 25 | $3.5B | $1.8B | ||
| Q4 24 | $3.5B | $1.7B | ||
| Q3 24 | $3.3B | $1.8B | ||
| Q2 24 | $3.2B | — | ||
| Q1 24 | $3.0B | $1.8B |
负债/权益比LIIWS
| Q4 25 | 0.98× | 0.06× | ||
| Q3 25 | 0.78× | 0.07× | ||
| Q2 25 | 0.93× | 0.14× | ||
| Q1 25 | 0.98× | — | ||
| Q4 24 | 0.98× | 0.11× | ||
| Q3 24 | 1.10× | 0.12× | ||
| Q2 24 | 1.95× | — | ||
| Q1 24 | 3.13× | 0.16× |
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 | $99.3M |
| 自由现金流经营现金流 - 资本支出 | $376.7M | $74.6M |
| 自由现金流率自由现金流/营收 | 31.5% | 8.6% |
| 资本支出强度资本支出/营收 | 2.4% | 2.8% |
| 现金转化率经营现金流/净利润 | 2.50× | 5.28× |
| 过去12个月自由现金流最近4个季度 | $638.8M | $72.5M |
8季度趋势，按日历期对齐
经营现金流LIIWS
| Q4 25 | $405.9M | $99.3M | ||
| Q3 25 | $300.7M | $-6.3M | ||
| Q2 25 | $86.8M | $53.9M | ||
| Q1 25 | $-35.8M | $53.8M | ||
| Q4 24 | $332.4M | $68.0M | ||
| Q3 24 | $452.1M | $54.6M | ||
| Q2 24 | $184.0M | — | ||
| Q1 24 | $-22.8M | $44.7M |
自由现金流LIIWS
| Q4 25 | $376.7M | $74.6M | ||
| Q3 25 | $265.1M | $-35.7M | ||
| Q2 25 | $58.3M | $8.4M | ||
| Q1 25 | $-61.3M | $25.2M | ||
| Q4 24 | $272.2M | $33.2M | ||
| Q3 24 | $410.9M | $33.1M | ||
| Q2 24 | $151.3M | — | ||
| Q1 24 | $-52.3M | $22.3M |
自由现金流率LIIWS
| Q4 25 | 31.5% | 8.6% | ||
| Q3 25 | 18.6% | -4.1% | ||
| Q2 25 | 3.9% | 1.0% | ||
| Q1 25 | -5.7% | 3.7% | ||
| Q4 24 | 20.2% | 4.5% | ||
| Q3 24 | 27.4% | 4.0% | ||
| Q2 24 | 10.4% | — | ||
| Q1 24 | -5.0% | 2.8% |
资本支出强度LIIWS
| Q4 25 | 2.4% | 2.8% | ||
| Q3 25 | 2.5% | 3.4% | ||
| Q2 25 | 1.9% | 5.5% | ||
| Q1 25 | 2.4% | 4.2% | ||
| Q4 24 | 4.5% | 4.7% | ||
| Q3 24 | 2.8% | 2.6% | ||
| Q2 24 | 2.3% | — | ||
| Q1 24 | 2.8% | 2.8% |
现金转化率LIIWS
| Q4 25 | 2.50× | 5.28× | ||
| Q3 25 | 1.22× | -0.17× | ||
| Q2 25 | 0.31× | 0.97× | ||
| Q1 25 | -0.30× | 3.90× | ||
| Q4 24 | 1.68× | 5.31× | ||
| Q3 24 | 1.89× | 1.92× | ||
| Q2 24 | 0.75× | — | ||
| Q1 24 | -0.18× | 0.91× |
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% |
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
