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诺唯真游轮控股（LINE）与赛莱默（XYL）财务数据对比。点击上方公司名可切换其他公司
赛莱默的季度营收约是诺唯真游轮控股的1.5倍（$2.1B vs $1.4B），赛莱默净利率更高（8.9% vs -7.3%，领先16.2%），诺唯真游轮控股同比增速更快（3.1% vs 2.7%）
诺唯真游轮控股是一家总部位于美国、注册地为百慕大的企业，旗下全资运营诺唯真游轮、大洋游轮、丽晶七海游轮三大品牌，合并业务规模位列全球游轮运营商第三位，目前在纽约证券交易所挂牌上市。
该文本为植物学对木质部的定义说明，并非赛莱默公司（Xylem Inc.）的企业业务介绍。Xylem Inc.是一家专注于水技术与解决方案的全球企业，提供水务基础设施、水环境治理等相关设备与服务。
LINE vs XYL — 直观对比
营收规模更大
XYL
是对方的1.5倍
$1.4B
营收增速更快
LINE
高出0.4%
2.7%
净利率更高
XYL
高出16.2%
-7.3%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.1B |
| 净利润 | $-100.0M | $189.0M |
| 毛利率 | 32.3% | 37.8% |
| 营业利润率 | 2.5% | 11.5% |
| 净利率 | -7.3% | 8.9% |
| 营收同比 | 3.1% | 2.7% |
| 净利润同比 | 79.4% | 13.2% |
| 每股收益（稀释后） | $-0.44 | $0.79 |
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LINEXYL
| Q1 26 | — | $2.1B | ||
| Q4 25 | — | $2.4B | ||
| Q3 25 | $1.4B | $2.3B | ||
| Q2 25 | $1.4B | $2.3B | ||
| Q1 25 | $1.3B | $2.1B | ||
| Q4 24 | $1.3B | $2.3B | ||
| Q3 24 | $1.3B | $2.1B | ||
| Q2 24 | $1.3B | $2.2B |
净利润LINEXYL
| Q1 26 | — | $189.0M | ||
| Q4 25 | — | $335.0M | ||
| Q3 25 | $-100.0M | $227.0M | ||
| Q2 25 | $-6.0M | $226.0M | ||
| Q1 25 | $0 | $169.0M | ||
| Q4 24 | $-71.0M | $326.0M | ||
| Q3 24 | $-485.0M | $217.0M | ||
| Q2 24 | $-68.0M | $194.0M |
毛利率LINEXYL
| Q1 26 | — | 37.8% | ||
| Q4 25 | — | 38.9% | ||
| Q3 25 | 32.3% | 38.9% | ||
| Q2 25 | 31.9% | 38.8% | ||
| Q1 25 | 32.2% | 37.1% | ||
| Q4 24 | 32.3% | 38.0% | ||
| Q3 24 | 32.8% | 37.3% | ||
| Q2 24 | 33.4% | 37.8% |
营业利润率LINEXYL
| Q1 26 | — | 11.5% | ||
| Q4 25 | — | 14.7% | ||
| Q3 25 | 2.5% | 14.7% | ||
| Q2 25 | 1.7% | 13.3% | ||
| Q1 25 | 4.3% | 11.2% | ||
| Q4 24 | -1.6% | 11.8% | ||
| Q3 24 | -38.6% | 13.3% | ||
| Q2 24 | 5.5% | 11.7% |
净利率LINEXYL
| Q1 26 | — | 8.9% | ||
| Q4 25 | — | 14.0% | ||
| Q3 25 | -7.3% | 10.0% | ||
| Q2 25 | -0.4% | 9.8% | ||
| Q1 25 | — | 8.2% | ||
| Q4 24 | -5.3% | 14.5% | ||
| Q3 24 | -36.3% | 10.3% | ||
| Q2 24 | -5.1% | 8.9% |
每股收益（稀释后）LINEXYL
| Q1 26 | — | $0.79 | ||
| Q4 25 | — | $1.37 | ||
| Q3 25 | $-0.44 | $0.93 | ||
| Q2 25 | $-0.03 | $0.93 | ||
| Q1 25 | $0.01 | $0.69 | ||
| Q4 24 | $-0.52 | $1.33 | ||
| Q3 24 | $-2.44 | $0.89 | ||
| Q2 24 | $-0.46 | $0.80 |
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 | — | $808.0M |
| 总债务越低越好 | — | $1.9B |
| 股东权益账面价值 | $8.4B | $11.0B |
| 总资产 | $19.2B | $17.0B |
| 负债/权益比越低杠杆越低 | — | 0.18× |
8季度趋势，按日历期对齐
现金及短期投资LINEXYL
| Q1 26 | — | $808.0M | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $173.0M | $1.1B | ||
| Q3 24 | $409.0M | $989.0M | ||
| Q2 24 | $73.0M | $815.0M |
总债务LINEXYL
| Q1 26 | — | $1.9B | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益LINEXYL
| Q1 26 | — | $11.0B | ||
| Q4 25 | — | $11.5B | ||
| Q3 25 | $8.4B | $11.2B | ||
| Q2 25 | $8.6B | $11.1B | ||
| Q1 25 | $8.6B | $10.8B | ||
| Q4 24 | $8.6B | $10.6B | ||
| Q3 24 | $9.0B | $10.6B | ||
| Q2 24 | $4.9B | $10.3B |
总资产LINEXYL
| Q1 26 | — | $17.0B | ||
| Q4 25 | — | $17.6B | ||
| Q3 25 | $19.2B | $17.3B | ||
| Q2 25 | $19.4B | $17.2B | ||
| Q1 25 | $18.8B | $16.6B | ||
| Q4 24 | $18.7B | $16.5B | ||
| Q3 24 | $19.3B | $16.0B | ||
| Q2 24 | $18.8B | $15.8B |
负债/权益比LINEXYL
| Q1 26 | — | 0.18× | ||
| Q4 25 | — | 0.17× | ||
| Q3 25 | — | 0.18× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $230.0M | — |
| 自由现金流经营现金流 - 资本支出 | $35.0M | — |
| 自由现金流率自由现金流/营收 | 2.5% | — |
| 资本支出强度资本支出/营收 | 14.2% | 4.2% |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流LINEXYL
| Q1 26 | — | — | ||
| Q4 25 | — | $543.0M | ||
| Q3 25 | $230.0M | $360.0M | ||
| Q2 25 | $258.0M | $305.0M | ||
| Q1 25 | $139.0M | $33.0M | ||
| Q4 24 | — | $575.0M | ||
| Q3 24 | $186.0M | $311.0M | ||
| Q2 24 | $155.0M | $288.0M |
自由现金流LINEXYL
| Q1 26 | — | — | ||
| Q4 25 | — | $460.0M | ||
| Q3 25 | $35.0M | $281.0M | ||
| Q2 25 | $95.0M | $207.0M | ||
| Q1 25 | $-12.0M | $-38.0M | ||
| Q4 24 | — | $475.0M | ||
| Q3 24 | $33.0M | $237.0M | ||
| Q2 24 | $-31.0M | $215.0M |
自由现金流率LINEXYL
| Q1 26 | — | — | ||
| Q4 25 | — | 19.2% | ||
| Q3 25 | 2.5% | 12.4% | ||
| Q2 25 | 7.0% | 9.0% | ||
| Q1 25 | -0.9% | -1.8% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | 2.5% | 11.3% | ||
| Q2 24 | -2.3% | 9.9% |
资本支出强度LINEXYL
| Q1 26 | — | 4.2% | ||
| Q4 25 | — | 3.5% | ||
| Q3 25 | 14.2% | 3.5% | ||
| Q2 25 | 12.1% | 4.3% | ||
| Q1 25 | 11.7% | 3.4% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | 11.5% | 3.5% | ||
| Q2 24 | 13.9% | 3.4% |
现金转化率LINEXYL
| Q1 26 | — | — | ||
| Q4 25 | — | 1.62× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.35× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 1.76× | ||
| Q3 24 | — | 1.43× | ||
| Q2 24 | — | 1.48× |
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
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
XYL
| Revenue from products | $1.8B | 83% |
| Revenue from services | $368.0M | 17% |
