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朗美通（LITE）与LOUISIANA-PACIFIC CORP（LPX）财务数据对比。点击上方公司名可切换其他公司
朗美通的季度营收约是LOUISIANA-PACIFIC CORP的1.2倍（$665.5M vs $566.0M），朗美通净利率更高（11.8% vs -1.4%，领先13.2%），朗美通同比增速更快（65.5% vs -16.9%），朗美通自由现金流更多（$43.1M vs $-8.0M），过去两年朗美通的营收复合增速更高（34.8% vs -11.6%）
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。
路易斯安那-太平洋公司（简称LP）是美国知名建材制造商，成立于1973年，是美国定向结构刨花板（OSB）生产的开创者，总部现位于田纳西州纳什维尔。作为全球最大的OSB生产商，公司还生产工程木建材产品，通过建材分销商、经销商及家居零售中心向建筑商和业主供货。
LITE vs LPX — 直观对比
营收规模更大
LITE
是对方的1.2倍
$566.0M
营收增速更快
LITE
高出82.4%
-16.9%
净利率更高
LITE
高出13.2%
-1.4%
自由现金流更多
LITE
多$51.1M
$-8.0M
两年增速更快
LITE
近两年复合增速
-11.6%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $566.0M |
| 净利润 | $78.2M | $-8.0M |
| 毛利率 | 36.1% | 15.0% |
| 营业利润率 | 9.7% | -1.6% |
| 净利率 | 11.8% | -1.4% |
| 营收同比 | 65.5% | -16.9% |
| 净利润同比 | 228.4% | -112.9% |
| 每股收益（稀释后） | $0.89 | $-0.12 |
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LITELPX
| Q4 25 | $665.5M | $566.0M | ||
| Q3 25 | $533.8M | $663.0M | ||
| Q2 25 | $480.7M | $755.0M | ||
| Q1 25 | $425.2M | $724.0M | ||
| Q4 24 | $402.2M | $681.0M | ||
| Q3 24 | $336.9M | $722.0M | ||
| Q2 24 | $308.3M | $814.0M | ||
| Q1 24 | $366.5M | $724.0M |
净利润LITELPX
| Q4 25 | $78.2M | $-8.0M | ||
| Q3 25 | $4.2M | $9.0M | ||
| Q2 25 | $213.3M | $54.0M | ||
| Q1 25 | $-44.1M | $91.0M | ||
| Q4 24 | $-60.9M | $62.0M | ||
| Q3 24 | $-82.4M | $90.0M | ||
| Q2 24 | $-252.5M | $160.0M | ||
| Q1 24 | $-127.0M | $108.0M |
毛利率LITELPX
| Q4 25 | 36.1% | 15.0% | ||
| Q3 25 | 34.0% | 19.5% | ||
| Q2 25 | 33.3% | 23.6% | ||
| Q1 25 | 28.8% | 27.2% | ||
| Q4 24 | 24.8% | 23.8% | ||
| Q3 24 | 23.1% | 26.7% | ||
| Q2 24 | 16.6% | 32.3% | ||
| Q1 24 | 16.2% | 29.6% |
营业利润率LITELPX
| Q4 25 | 9.7% | -1.6% | ||
| Q3 25 | 1.3% | 2.7% | ||
| Q2 25 | -1.7% | 10.6% | ||
| Q1 25 | -8.9% | 16.6% | ||
| Q4 24 | -12.8% | 11.0% | ||
| Q3 24 | -24.5% | 16.1% | ||
| Q2 24 | -43.3% | 23.8% | ||
| Q1 24 | -31.3% | 20.0% |
净利率LITELPX
| Q4 25 | 11.8% | -1.4% | ||
| Q3 25 | 0.8% | 1.4% | ||
| Q2 25 | 44.4% | 7.2% | ||
| Q1 25 | -10.4% | 12.6% | ||
| Q4 24 | -15.1% | 9.1% | ||
| Q3 24 | -24.5% | 12.5% | ||
| Q2 24 | -81.9% | 19.7% | ||
| Q1 24 | -34.7% | 14.9% |
每股收益（稀释后）LITELPX
| Q4 25 | $0.89 | $-0.12 | ||
| Q3 25 | $0.05 | $0.13 | ||
| Q2 25 | $3.10 | $0.77 | ||
| Q1 25 | $-0.64 | $1.30 | ||
| Q4 24 | $-0.88 | $0.90 | ||
| Q3 24 | $-1.21 | $1.28 | ||
| Q2 24 | $-3.75 | $2.23 | ||
| Q1 24 | $-1.88 | $1.48 |
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 | $1.2B | $292.0M |
| 总债务越低越好 | — | $348.0M |
| 股东权益账面价值 | $846.6M | $1.7B |
| 总资产 | $4.8B | $2.6B |
| 负债/权益比越低杠杆越低 | — | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资LITELPX
| Q4 25 | $1.2B | $292.0M | ||
| Q3 25 | $1.1B | $316.0M | ||
| Q2 25 | $877.1M | $333.0M | ||
| Q1 25 | $866.7M | $256.0M | ||
| Q4 24 | $896.7M | $340.0M | ||
| Q3 24 | $916.1M | $346.0M | ||
| Q2 24 | $887.0M | $317.0M | ||
| Q1 24 | $870.9M | $244.0M |
总债务LITELPX
| Q4 25 | — | $348.0M | ||
| Q3 25 | — | $348.0M | ||
| Q2 25 | — | $348.0M | ||
| Q1 25 | — | $348.0M | ||
| Q4 24 | — | $348.0M | ||
| Q3 24 | — | $347.0M | ||
| Q2 24 | — | $347.0M | ||
| Q1 24 | — | $347.0M |
股东权益LITELPX
| Q4 25 | $846.6M | $1.7B | ||
| Q3 25 | $780.8M | $1.7B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $879.5M | $1.7B | ||
| Q4 24 | $872.3M | $1.7B | ||
| Q3 24 | $895.9M | $1.7B | ||
| Q2 24 | $957.3M | $1.7B | ||
| Q1 24 | $1.2B | $1.6B |
总资产LITELPX
| Q4 25 | $4.8B | $2.6B | ||
| Q3 25 | $4.6B | $2.6B | ||
| Q2 25 | $4.2B | $2.7B | ||
| Q1 25 | $4.0B | $2.6B | ||
| Q4 24 | $4.0B | $2.6B | ||
| Q3 24 | $4.0B | $2.6B | ||
| Q2 24 | $3.9B | $2.5B | ||
| Q1 24 | $4.2B | $2.5B |
负债/权益比LITELPX
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.20× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.21× | ||
| Q1 24 | — | 0.21× |
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 | $126.7M | $67.0M |
| 自由现金流经营现金流 - 资本支出 | $43.1M | $-8.0M |
| 自由现金流率自由现金流/营收 | 6.5% | -1.4% |
| 资本支出强度资本支出/营收 | 12.6% | 13.3% |
| 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 | $-29.5M | $91.0M |
8季度趋势，按日历期对齐
经营现金流LITELPX
| Q4 25 | $126.7M | $67.0M | ||
| Q3 25 | $57.9M | $89.0M | ||
| Q2 25 | $64.0M | $162.0M | ||
| Q1 25 | $-1.6M | $64.0M | ||
| Q4 24 | $24.3M | $105.0M | ||
| Q3 24 | $39.6M | $183.0M | ||
| Q2 24 | $35.5M | $212.0M | ||
| Q1 24 | $-7.0M | $105.0M |
自由现金流LITELPX
| Q4 25 | $43.1M | $-8.0M | ||
| Q3 25 | $-18.3M | $5.0M | ||
| Q2 25 | $10.1M | $94.0M | ||
| Q1 25 | $-64.4M | $0 | ||
| Q4 24 | $-15.9M | $43.0M | ||
| Q3 24 | $-34.5M | $139.0M | ||
| Q2 24 | $10.9M | $176.0M | ||
| Q1 24 | $-26.6M | $64.0M |
自由现金流率LITELPX
| Q4 25 | 6.5% | -1.4% | ||
| Q3 25 | -3.4% | 0.8% | ||
| Q2 25 | 2.1% | 12.5% | ||
| Q1 25 | -15.1% | 0.0% | ||
| Q4 24 | -4.0% | 6.3% | ||
| Q3 24 | -10.2% | 19.3% | ||
| Q2 24 | 3.5% | 21.6% | ||
| Q1 24 | -7.3% | 8.8% |
资本支出强度LITELPX
| Q4 25 | 12.6% | 13.3% | ||
| Q3 25 | 14.3% | 12.7% | ||
| Q2 25 | 11.2% | 9.0% | ||
| Q1 25 | 14.8% | 8.8% | ||
| Q4 24 | 10.0% | 9.1% | ||
| Q3 24 | 22.0% | 6.1% | ||
| Q2 24 | 8.0% | 4.4% | ||
| Q1 24 | 5.3% | 5.7% |
现金转化率LITELPX
| Q4 25 | 1.62× | — | ||
| Q3 25 | 13.79× | 9.89× | ||
| Q2 25 | 0.30× | 3.00× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | — | 1.69× | ||
| Q3 24 | — | 2.03× | ||
| Q2 24 | — | 1.32× | ||
| Q1 24 | — | 0.97× |
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
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
LPX
| OS Bvalueadd | $472.0M | 83% |
| Other | $84.0M | 15% |
| Otherproducts | $10.0M | 2% |
