vs
Liberty Latin America Ltd.（LILA）与朗美通（LITE）财务数据对比。点击上方公司名可切换其他公司
Liberty Latin America Ltd.的季度营收约是朗美通的1.7倍（$1.2B vs $665.5M），朗美通净利率更高（11.8% vs -4.7%，领先16.5%），朗美通同比增速更快（65.5% vs 1.7%），Liberty Latin America Ltd.自由现金流更多（$320.1M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% vs 2.7%）
自由拉丁美洲有限公司是一家跨国电信运营商，由自由媒体国际业务板块与UnitedGlobalCom（UGC）于2005年合并而成，注册地位于百慕大，在伦敦、阿姆斯特丹和丹佛设有总部，旗下包含英国、荷兰等多地运营主体，相关业务覆盖电信服务领域。
朗美通控股（Lumentum Holdings Inc.）是全球知名光电产品供应商，前身为美国捷迪讯（JDSU）旗下光电器件及激光业务板块，2015年8月随捷迪讯分拆独立运营，总部位于美国加利福尼亚州米尔皮塔斯，主营光通信网络设备、激光器、定制光学解决方案等多元产品。
LILA vs LITE — 直观对比
营收规模更大
LILA
是对方的1.7倍
$665.5M
营收增速更快
LITE
高出63.8%
1.7%
净利率更高
LITE
高出16.5%
-4.7%
自由现金流更多
LILA
多$277.0M
$43.1M
两年增速更快
LITE
近两年复合增速
2.7%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $665.5M |
| 净利润 | $-54.8M | $78.2M |
| 毛利率 | 77.3% | 36.1% |
| 营业利润率 | 10.8% | 9.7% |
| 净利率 | -4.7% | 11.8% |
| 营收同比 | 1.7% | 65.5% |
| 净利润同比 | 74.0% | 228.4% |
| 每股收益（稀释后） | $-0.27 | $0.89 |
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LILALITE
| Q4 25 | $1.2B | $665.5M | ||
| Q3 25 | $1.1B | $533.8M | ||
| Q2 25 | $1.1B | $480.7M | ||
| Q1 25 | $1.1B | $425.2M | ||
| Q4 24 | $1.1B | $402.2M | ||
| Q3 24 | $1.1B | $336.9M | ||
| Q2 24 | $1.1B | $308.3M | ||
| Q1 24 | $1.1B | $366.5M |
净利润LILALITE
| Q4 25 | $-54.8M | $78.2M | ||
| Q3 25 | $3.3M | $4.2M | ||
| Q2 25 | $-423.3M | $213.3M | ||
| Q1 25 | $-136.4M | $-44.1M | ||
| Q4 24 | $-210.4M | $-60.9M | ||
| Q3 24 | $-435.8M | $-82.4M | ||
| Q2 24 | $-42.7M | $-252.5M | ||
| Q1 24 | $-500.0K | $-127.0M |
毛利率LILALITE
| Q4 25 | 77.3% | 36.1% | ||
| Q3 25 | 77.7% | 34.0% | ||
| Q2 25 | 78.6% | 33.3% | ||
| Q1 25 | 78.5% | 28.8% | ||
| Q4 24 | 76.1% | 24.8% | ||
| Q3 24 | 78.7% | 23.1% | ||
| Q2 24 | 78.1% | 16.6% | ||
| Q1 24 | 78.2% | 16.2% |
营业利润率LILALITE
| Q4 25 | 10.8% | 9.7% | ||
| Q3 25 | 16.9% | 1.3% | ||
| Q2 25 | -30.6% | -1.7% | ||
| Q1 25 | 11.8% | -8.9% | ||
| Q4 24 | 8.7% | -12.8% | ||
| Q3 24 | -34.9% | -24.5% | ||
| Q2 24 | 9.9% | -43.3% | ||
| Q1 24 | 8.4% | -31.3% |
净利率LILALITE
| Q4 25 | -4.7% | 11.8% | ||
| Q3 25 | 0.3% | 0.8% | ||
| Q2 25 | -39.0% | 44.4% | ||
| Q1 25 | -12.6% | -10.4% | ||
| Q4 24 | -18.5% | -15.1% | ||
| Q3 24 | -40.0% | -24.5% | ||
| Q2 24 | -3.8% | -81.9% | ||
| Q1 24 | -0.0% | -34.7% |
每股收益（稀释后）LILALITE
| Q4 25 | $-0.27 | $0.89 | ||
| Q3 25 | $0.02 | $0.05 | ||
| Q2 25 | $-2.12 | $3.10 | ||
| Q1 25 | $-0.69 | $-0.64 | ||
| Q4 24 | $-1.03 | $-0.88 | ||
| Q3 24 | $-2.22 | $-1.21 | ||
| Q2 24 | $-0.22 | $-3.75 | ||
| Q1 24 | $0.00 | $-1.88 |
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 | $783.9M | $1.2B |
| 总债务越低越好 | $7.9B | — |
| 股东权益账面价值 | $555.6M | $846.6M |
| 总资产 | $12.2B | $4.8B |
| 负债/权益比越低杠杆越低 | 14.17× | — |
8季度趋势，按日历期对齐
现金及短期投资LILALITE
| Q4 25 | $783.9M | $1.2B | ||
| Q3 25 | $596.7M | $1.1B | ||
| Q2 25 | $514.4M | $877.1M | ||
| Q1 25 | $575.5M | $866.7M | ||
| Q4 24 | $654.3M | $896.7M | ||
| Q3 24 | $588.6M | $916.1M | ||
| Q2 24 | $598.6M | $887.0M | ||
| Q1 24 | $668.5M | $870.9M |
总债务LILALITE
| Q4 25 | $7.9B | — | ||
| Q3 25 | $7.8B | — | ||
| Q2 25 | $7.6B | — | ||
| Q1 25 | $7.6B | — | ||
| Q4 24 | $7.6B | — | ||
| Q3 24 | $7.6B | — | ||
| Q2 24 | $7.6B | — | ||
| Q1 24 | $7.6B | — |
股东权益LILALITE
| Q4 25 | $555.6M | $846.6M | ||
| Q3 25 | $628.9M | $780.8M | ||
| Q2 25 | $608.4M | $1.1B | ||
| Q1 25 | $1.0B | $879.5M | ||
| Q4 24 | $1.1B | $872.3M | ||
| Q3 24 | $1.2B | $895.9M | ||
| Q2 24 | $1.7B | $957.3M | ||
| Q1 24 | $1.7B | $1.2B |
总资产LILALITE
| Q4 25 | $12.2B | $4.8B | ||
| Q3 25 | $12.0B | $4.6B | ||
| Q2 25 | $12.0B | $4.2B | ||
| Q1 25 | $12.6B | $4.0B | ||
| Q4 24 | $12.8B | $4.0B | ||
| Q3 24 | $12.7B | $4.0B | ||
| Q2 24 | $13.2B | $3.9B | ||
| Q1 24 | $13.3B | $4.2B |
负债/权益比LILALITE
| Q4 25 | 14.17× | — | ||
| Q3 25 | 12.45× | — | ||
| Q2 25 | 12.50× | — | ||
| Q1 25 | 7.47× | — | ||
| Q4 24 | 6.99× | — | ||
| Q3 24 | 6.20× | — | ||
| Q2 24 | 4.59× | — | ||
| Q1 24 | 4.38× | — |
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 | $461.9M | $126.7M |
| 自由现金流经营现金流 - 资本支出 | $320.1M | $43.1M |
| 自由现金流率自由现金流/营收 | 27.6% | 6.5% |
| 资本支出强度资本支出/营收 | 12.2% | 12.6% |
| 现金转化率经营现金流/净利润 | — | 1.62× |
| 过去12个月自由现金流最近4个季度 | $305.9M | $-29.5M |
8季度趋势，按日历期对齐
经营现金流LILALITE
| Q4 25 | $461.9M | $126.7M | ||
| Q3 25 | $178.2M | $57.9M | ||
| Q2 25 | $141.2M | $64.0M | ||
| Q1 25 | $24.6M | $-1.6M | ||
| Q4 24 | $398.6M | $24.3M | ||
| Q3 24 | $177.5M | $39.6M | ||
| Q2 24 | $156.9M | $35.5M | ||
| Q1 24 | $23.3M | $-7.0M |
自由现金流LILALITE
| Q4 25 | $320.1M | $43.1M | ||
| Q3 25 | $56.0M | $-18.3M | ||
| Q2 25 | $1.9M | $10.1M | ||
| Q1 25 | $-72.1M | $-64.4M | ||
| Q4 24 | $234.9M | $-15.9M | ||
| Q3 24 | $51.0M | $-34.5M | ||
| Q2 24 | $16.4M | $10.9M | ||
| Q1 24 | $-86.4M | $-26.6M |
自由现金流率LILALITE
| Q4 25 | 27.6% | 6.5% | ||
| Q3 25 | 5.0% | -3.4% | ||
| Q2 25 | 0.2% | 2.1% | ||
| Q1 25 | -6.7% | -15.1% | ||
| Q4 24 | 20.6% | -4.0% | ||
| Q3 24 | 4.7% | -10.2% | ||
| Q2 24 | 1.5% | 3.5% | ||
| Q1 24 | -7.9% | -7.3% |
资本支出强度LILALITE
| Q4 25 | 12.2% | 12.6% | ||
| Q3 25 | 11.0% | 14.3% | ||
| Q2 25 | 12.8% | 11.2% | ||
| Q1 25 | 8.9% | 14.8% | ||
| Q4 24 | 14.4% | 10.0% | ||
| Q3 24 | 11.6% | 22.0% | ||
| Q2 24 | 12.6% | 8.0% | ||
| Q1 24 | 10.0% | 5.3% |
现金转化率LILALITE
| Q4 25 | — | 1.62× | ||
| Q3 25 | 54.00× | 13.79× | ||
| Q2 25 | — | 0.30× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
LILA
| Liberty Cablevisionof Puerto Rico LLC Liberty Puerto Rico | $301.3M | 26% |
| Cable Wireless Communications Limited CW Panama | $230.1M | 20% |
| Costa Rica Segment | $168.2M | 15% |
| Liberty Networks | $129.3M | 11% |
| Cable Subscription | $112.4M | 10% |
| Mobile Subscription | $95.9M | 8% |
| Mobile Handset And Other Devices | $73.0M | 6% |
| Liberty Networks Other | $25.0M | 2% |
| Mobile Non Subscription | $21.6M | 2% |
| B2B Mobile Handsetand Other Devices | $7.0M | 1% |
| Cable Non Subscription | $4.3M | 0% |
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
