vs
LINDBLAD EXPEDITIONS HOLDINGS, INC.（LIND）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是LINDBLAD EXPEDITIONS HOLDINGS, INC.的1.2倍（$225.0M vs $183.2M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 23.3%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $3.5M），过去两年LINDBLAD EXPEDITIONS HOLDINGS, INC.的营收复合增速更高（9.2% vs -12.3%）
林德布拉德探险控股是一家专业探险旅行企业，总部位于美国纽约。目前公司运营15艘探险邮轮，载客量从28人到150人不等，可为旅行者提供覆盖全球七大洲目的地的探险邮轮旅程。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
LIND vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.2倍
$183.2M
营收增速更快
ROCK
高出1.7%
23.3%
自由现金流更多
ROCK
多$22.7M
$3.5M
两年增速更快
LIND
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $183.2M | $225.0M |
| 净利润 | $-23.6M | — |
| 毛利率 | 40.3% | 25.3% |
| 营业利润率 | -3.0% | 7.9% |
| 净利率 | -12.9% | — |
| 营收同比 | 23.3% | 24.9% |
| 净利润同比 | 6.0% | — |
| 每股收益（稀释后） | $-0.45 | — |
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LINDROCK
| Q4 25 | $183.2M | $225.0M | ||
| Q3 25 | $240.2M | $310.9M | ||
| Q2 25 | $167.9M | $309.5M | ||
| Q1 25 | $179.7M | $290.0M | ||
| Q4 24 | $148.6M | $180.1M | ||
| Q3 24 | $206.0M | $277.1M | ||
| Q2 24 | $136.5M | $273.6M | ||
| Q1 24 | $153.6M | $292.5M |
净利润LINDROCK
| Q4 25 | $-23.6M | — | ||
| Q3 25 | $1.2M | $-89.1M | ||
| Q2 25 | $-8.5M | $26.0M | ||
| Q1 25 | $1.2M | $21.1M | ||
| Q4 24 | $-25.0M | — | ||
| Q3 24 | $22.5M | $34.0M | ||
| Q2 24 | $-24.7M | $32.2M | ||
| Q1 24 | $-4.0M | $24.9M |
毛利率LINDROCK
| Q4 25 | 40.3% | 25.3% | ||
| Q3 25 | 48.2% | 26.6% | ||
| Q2 25 | 45.6% | 28.4% | ||
| Q1 25 | 48.3% | 26.8% | ||
| Q4 24 | 42.5% | 29.0% | ||
| Q3 24 | 46.7% | 29.4% | ||
| Q2 24 | 39.2% | 30.5% | ||
| Q1 24 | 45.0% | 28.9% |
营业利润率LINDROCK
| Q4 25 | -3.0% | 7.9% | ||
| Q3 25 | 15.0% | 12.8% | ||
| Q2 25 | 2.6% | 12.8% | ||
| Q1 25 | 5.9% | 8.8% | ||
| Q4 24 | -5.1% | 13.3% | ||
| Q3 24 | 14.3% | 15.6% | ||
| Q2 24 | -6.0% | 14.9% | ||
| Q1 24 | 5.1% | 10.8% |
净利率LINDROCK
| Q4 25 | -12.9% | — | ||
| Q3 25 | 0.5% | -28.6% | ||
| Q2 25 | -5.1% | 8.4% | ||
| Q1 25 | 0.6% | 7.3% | ||
| Q4 24 | -16.9% | — | ||
| Q3 24 | 10.9% | 12.3% | ||
| Q2 24 | -18.1% | 11.8% | ||
| Q1 24 | -2.6% | 8.5% |
每股收益（稀释后）LINDROCK
| Q4 25 | $-0.45 | — | ||
| Q3 25 | $0.00 | $-2.98 | ||
| Q2 25 | $-0.18 | $0.87 | ||
| Q1 25 | $0.00 | — | ||
| Q4 24 | $-0.45 | — | ||
| Q3 24 | $0.36 | $1.11 | ||
| Q2 24 | $-0.48 | $1.05 | ||
| Q1 24 | $-0.10 | — |
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 | $256.7M | $115.7M |
| 总债务越低越好 | $662.7M | $0 |
| 股东权益账面价值 | $-284.5M | $950.4M |
| 总资产 | $980.0M | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资LINDROCK
| Q4 25 | $256.7M | $115.7M | ||
| Q3 25 | $261.8M | $89.4M | ||
| Q2 25 | $200.9M | $43.3M | ||
| Q1 25 | $188.9M | $25.1M | ||
| Q4 24 | $183.9M | $269.5M | ||
| Q3 24 | $193.9M | $228.9M | ||
| Q2 24 | $168.1M | $179.1M | ||
| Q1 24 | $177.7M | $146.7M |
总债务LINDROCK
| Q4 25 | $662.7M | $0 | ||
| Q3 25 | $663.5M | $0 | ||
| Q2 25 | $627.3M | $0 | ||
| Q1 25 | $626.4M | $0 | ||
| Q4 24 | $625.5M | $0 | ||
| Q3 24 | $624.5M | $0 | ||
| Q2 24 | $623.6M | $0 | ||
| Q1 24 | $622.7M | $0 |
股东权益LINDROCK
| Q4 25 | $-284.5M | $950.4M | ||
| Q3 25 | $-256.6M | $951.8M | ||
| Q2 25 | $-263.8M | $1.0B | ||
| Q1 25 | $-252.2M | $1.0B | ||
| Q4 24 | $-253.1M | $1.0B | ||
| Q3 24 | $-226.9M | $1.0B | ||
| Q2 24 | $-255.5M | $975.7M | ||
| Q1 24 | $-227.4M | $940.2M |
总资产LINDROCK
| Q4 25 | $980.0M | $1.4B | ||
| Q3 25 | $976.5M | $1.4B | ||
| Q2 25 | $936.5M | $1.5B | ||
| Q1 25 | $908.8M | $1.4B | ||
| Q4 24 | $876.9M | $1.4B | ||
| Q3 24 | $889.8M | $1.4B | ||
| Q2 24 | $858.3M | $1.4B | ||
| Q1 24 | $868.0M | $1.3B |
负债/权益比LINDROCK
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $14.4M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $3.5M | $26.2M |
| 自由现金流率自由现金流/营收 | 1.9% | 11.7% |
| 资本支出强度资本支出/营收 | 6.0% | 4.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $63.8M | $120.6M |
8季度趋势，按日历期对齐
经营现金流LINDROCK
| Q4 25 | $14.4M | $35.5M | ||
| Q3 25 | $19.5M | $73.0M | ||
| Q2 25 | $29.2M | $44.9M | ||
| Q1 25 | $48.4M | $13.7M | ||
| Q4 24 | $1.7M | $19.9M | ||
| Q3 24 | $28.1M | $64.7M | ||
| Q2 24 | $18.6M | $36.5M | ||
| Q1 24 | $43.9M | $53.2M |
自由现金流LINDROCK
| Q4 25 | $3.5M | $26.2M | ||
| Q3 25 | $11.9M | $64.8M | ||
| Q2 25 | $13.5M | $27.3M | ||
| Q1 25 | $35.0M | $2.3M | ||
| Q4 24 | $-8.2M | $14.1M | ||
| Q3 24 | $18.4M | $60.5M | ||
| Q2 24 | $11.2M | $33.5M | ||
| Q1 24 | $37.4M | $48.8M |
自由现金流率LINDROCK
| Q4 25 | 1.9% | 11.7% | ||
| Q3 25 | 5.0% | 20.8% | ||
| Q2 25 | 8.0% | 8.8% | ||
| Q1 25 | 19.5% | 0.8% | ||
| Q4 24 | -5.5% | 7.8% | ||
| Q3 24 | 8.9% | 21.8% | ||
| Q2 24 | 8.2% | 12.2% | ||
| Q1 24 | 24.4% | 16.7% |
资本支出强度LINDROCK
| Q4 25 | 6.0% | 4.1% | ||
| Q3 25 | 3.2% | 2.6% | ||
| Q2 25 | 9.4% | 5.7% | ||
| Q1 25 | 7.5% | 3.9% | ||
| Q4 24 | 6.6% | 3.3% | ||
| Q3 24 | 4.7% | 1.5% | ||
| Q2 24 | 5.4% | 1.1% | ||
| Q1 24 | 4.2% | 1.5% |
现金转化率LINDROCK
| Q4 25 | — | — | ||
| Q3 25 | 16.41× | — | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | 41.69× | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.25× | 1.90× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 2.13× |
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
LIND
| Guest Ticket | $96.5M | 53% |
| Landexperience | $67.3M | 37% |
| Other Tour | $19.4M | 11% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
