vs
LINCOLN EDUCATIONAL SERVICES CORP（LINC）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
STURM RUGER & CO INC的季度营收约是LINCOLN EDUCATIONAL SERVICES CORP的1.1倍（$151.1M vs $142.9M），LINCOLN EDUCATIONAL SERVICES CORP同比增速更快（19.7% vs 3.6%），LINCOLN EDUCATIONAL SERVICES CORP自由现金流更多（$25.0M vs $12.3M），过去两年LINCOLN EDUCATIONAL SERVICES CORP的营收复合增速更高（17.6% vs 5.1%）
林肯技术教育集团是美国营利性高等职业教育机构，总部位于新泽西州帕西帕尼，在美国科罗拉多、康涅狄格、佐治亚等12个州都设有校区，所有校区均由林肯教育服务公司持有运营，主打面向就业的高等职业技术教育服务。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
LINC vs RGR — 直观对比
营收规模更大
RGR
是对方的1.1倍
$142.9M
营收增速更快
LINC
高出16.1%
3.6%
自由现金流更多
LINC
多$12.7M
$12.3M
两年增速更快
LINC
近两年复合增速
5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $142.9M | $151.1M |
| 净利润 | $12.7M | — |
| 毛利率 | 62.3% | 17.8% |
| 营业利润率 | 12.4% | 2.3% |
| 净利率 | 8.9% | — |
| 营收同比 | 19.7% | 3.6% |
| 净利润同比 | 85.9% | — |
| 每股收益（稀释后） | $0.41 | $0.22 |
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LINCRGR
| Q4 25 | $142.9M | $151.1M | ||
| Q3 25 | $141.4M | $126.8M | ||
| Q2 25 | $116.5M | $132.5M | ||
| Q1 25 | $117.5M | $135.7M | ||
| Q4 24 | $119.4M | $145.8M | ||
| Q3 24 | $114.4M | $122.3M | ||
| Q2 24 | $102.9M | $130.8M | ||
| Q1 24 | $103.4M | $136.8M |
净利润LINCRGR
| Q4 25 | $12.7M | — | ||
| Q3 25 | $3.8M | $1.6M | ||
| Q2 25 | $1.6M | $-17.2M | ||
| Q1 25 | $1.9M | $7.8M | ||
| Q4 24 | $6.8M | — | ||
| Q3 24 | $4.0M | $4.7M | ||
| Q2 24 | $-682.0K | $8.3M | ||
| Q1 24 | $-214.0K | $7.1M |
毛利率LINCRGR
| Q4 25 | 62.3% | 17.8% | ||
| Q3 25 | 59.5% | 15.1% | ||
| Q2 25 | 59.8% | 3.9% | ||
| Q1 25 | 59.7% | 22.0% | ||
| Q4 24 | 62.2% | 22.8% | ||
| Q3 24 | 58.0% | 18.5% | ||
| Q2 24 | 55.7% | 22.3% | ||
| Q1 24 | 58.4% | 21.5% |
营业利润率LINCRGR
| Q4 25 | 12.4% | 2.3% | ||
| Q3 25 | 4.4% | -2.7% | ||
| Q2 25 | 2.5% | -15.6% | ||
| Q1 25 | 2.9% | 6.2% | ||
| Q4 24 | 9.2% | 7.8% | ||
| Q3 24 | 5.1% | 3.1% | ||
| Q2 24 | -1.1% | 6.9% | ||
| Q1 24 | -0.4% | 5.5% |
净利率LINCRGR
| Q4 25 | 8.9% | — | ||
| Q3 25 | 2.7% | 1.2% | ||
| Q2 25 | 1.3% | -13.0% | ||
| Q1 25 | 1.7% | 5.7% | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 3.5% | 3.9% | ||
| Q2 24 | -0.7% | 6.3% | ||
| Q1 24 | -0.2% | 5.2% |
每股收益（稀释后）LINCRGR
| Q4 25 | $0.41 | $0.22 | ||
| Q3 25 | $0.12 | $0.10 | ||
| Q2 25 | $0.05 | $-1.05 | ||
| Q1 25 | $0.06 | $0.46 | ||
| Q4 24 | $0.22 | $0.62 | ||
| Q3 24 | $0.13 | $0.28 | ||
| Q2 24 | $-0.02 | $0.47 | ||
| Q1 24 | $-0.01 | $0.40 |
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 | $28.5M | $92.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $199.7M | $283.8M |
| 总资产 | $493.2M | $342.0M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LINCRGR
| Q4 25 | $28.5M | $92.5M | ||
| Q3 25 | $13.5M | $80.8M | ||
| Q2 25 | $16.7M | $101.4M | ||
| Q1 25 | $28.7M | $108.3M | ||
| Q4 24 | $59.3M | $105.5M | ||
| Q3 24 | $54.0M | $96.0M | ||
| Q2 24 | $67.0M | $105.6M | ||
| Q1 24 | $68.6M | $115.3M |
股东权益LINCRGR
| Q4 25 | $199.7M | $283.8M | ||
| Q3 25 | $185.9M | $279.6M | ||
| Q2 25 | $180.7M | $289.3M | ||
| Q1 25 | $177.8M | $321.5M | ||
| Q4 24 | $178.3M | $319.6M | ||
| Q3 24 | $170.0M | $314.9M | ||
| Q2 24 | $164.9M | $321.5M | ||
| Q1 24 | $164.5M | $332.0M |
总资产LINCRGR
| Q4 25 | $493.2M | $342.0M | ||
| Q3 25 | $466.9M | $342.3M | ||
| Q2 25 | $447.3M | $349.5M | ||
| Q1 25 | $427.4M | $379.0M | ||
| Q4 24 | $436.6M | $384.0M | ||
| Q3 24 | $404.0M | $373.5M | ||
| Q2 24 | $366.4M | $376.7M | ||
| Q1 24 | $355.2M | $385.0M |
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 | $43.5M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $25.0M | $12.3M |
| 自由现金流率自由现金流/营收 | 17.5% | 8.2% |
| 资本支出强度资本支出/营收 | 13.0% | 2.1% |
| 现金转化率经营现金流/净利润 | 3.43× | — |
| 过去12个月自由现金流最近4个季度 | $-27.3M | $38.5M |
8季度趋势，按日历期对齐
经营现金流LINCRGR
| Q4 25 | $43.5M | $15.5M | ||
| Q3 25 | $23.9M | $12.9M | ||
| Q2 25 | $299.0K | $14.7M | ||
| Q1 25 | $-8.4M | $11.1M | ||
| Q4 24 | $30.3M | $20.0M | ||
| Q3 24 | $5.6M | $9.4M | ||
| Q2 24 | $8.3M | $18.7M | ||
| Q1 24 | $-14.9M | $7.3M |
自由现金流LINCRGR
| Q4 25 | $25.0M | $12.3M | ||
| Q3 25 | $2.0M | $7.0M | ||
| Q2 25 | $-26.1M | $9.1M | ||
| Q1 25 | $-28.3M | $10.0M | ||
| Q4 24 | $5.5M | $16.4M | ||
| Q3 24 | $-13.8M | $2.6M | ||
| Q2 24 | $-2.7M | $10.1M | ||
| Q1 24 | $-16.6M | $5.6M |
自由现金流率LINCRGR
| Q4 25 | 17.5% | 8.2% | ||
| Q3 25 | 1.4% | 5.5% | ||
| Q2 25 | -22.4% | 6.9% | ||
| Q1 25 | -24.1% | 7.4% | ||
| Q4 24 | 4.6% | 11.2% | ||
| Q3 24 | -12.0% | 2.1% | ||
| Q2 24 | -2.6% | 7.7% | ||
| Q1 24 | -16.1% | 4.1% |
资本支出强度LINCRGR
| Q4 25 | 13.0% | 2.1% | ||
| Q3 25 | 15.5% | 4.6% | ||
| Q2 25 | 22.7% | 4.2% | ||
| Q1 25 | 16.9% | 0.8% | ||
| Q4 24 | 20.8% | 2.5% | ||
| Q3 24 | 16.9% | 5.5% | ||
| Q2 24 | 10.7% | 6.6% | ||
| Q1 24 | 1.6% | 1.3% |
现金转化率LINCRGR
| Q4 25 | 3.43× | — | ||
| Q3 25 | 6.29× | 8.15× | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | -4.31× | 1.43× | ||
| Q4 24 | 4.43× | — | ||
| Q3 24 | 1.42× | 1.98× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | — | 1.04× |
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
LINC
| Transferred Over Time | $136.0M | 95% |
| Transferred At Point In Time | $6.9M | 5% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
