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朗美通（LITE）与MAXIMUS, INC.（MMS）财务数据对比。点击上方公司名可切换其他公司
MAXIMUS, INC.的季度营收约是朗美通的2.0倍（$1.3B vs $665.5M），MAXIMUS, INC.净利率更高（30.2% vs 11.8%，领先18.4%），朗美通同比增速更快（65.5% vs -2.8%），MAXIMUS, INC.自由现金流更多（$450.0M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% vs -0.3%）
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。
MAXIMUS是美国一家政府服务企业，业务覆盖美国、加拿大、英国等国家，为医疗补助、联邦医疗保险、医改、就业帮扶、学生贷款服务等各类政府项目提供行政及配套服务。公司总部位于弗吉尼亚州泰森斯，现有员工3.96万名，2024财年营收达53亿美元。
LITE vs MMS — 直观对比
营收规模更大
MMS
是对方的2.0倍
$665.5M
营收增速更快
LITE
高出68.3%
-2.8%
净利率更高
MMS
高出18.4%
11.8%
自由现金流更多
MMS
多$406.9M
$43.1M
两年增速更快
LITE
近两年复合增速
-0.3%
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $1.3B |
| 净利润 | $78.2M | $394.0M |
| 毛利率 | 36.1% | 26.2% |
| 营业利润率 | 9.7% | 11.4% |
| 净利率 | 11.8% | 30.2% |
| 营收同比 | 65.5% | -2.8% |
| 净利润同比 | 228.4% | -4.1% |
| 每股收益（稀释后） | $0.89 | $7.27 |
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LITEMMS
| Q1 26 | — | $1.3B | ||
| Q4 25 | $665.5M | $1.3B | ||
| Q3 25 | $533.8M | $1.3B | ||
| Q2 25 | $480.7M | $1.3B | ||
| Q1 25 | $425.2M | $1.4B | ||
| Q4 24 | $402.2M | $1.4B | ||
| Q3 24 | $336.9M | $1.3B | ||
| Q2 24 | $308.3M | $1.3B |
净利润LITEMMS
| Q1 26 | — | $394.0M | ||
| Q4 25 | $78.2M | $93.9M | ||
| Q3 25 | $4.2M | $75.3M | ||
| Q2 25 | $213.3M | $106.0M | ||
| Q1 25 | $-44.1M | $96.6M | ||
| Q4 24 | $-60.9M | $41.2M | ||
| Q3 24 | $-82.4M | $72.5M | ||
| Q2 24 | $-252.5M | $89.8M |
毛利率LITEMMS
| Q1 26 | — | 26.2% | ||
| Q4 25 | 36.1% | 23.7% | ||
| Q3 25 | 34.0% | 25.3% | ||
| Q2 25 | 33.3% | 26.7% | ||
| Q1 25 | 28.8% | 24.9% | ||
| Q4 24 | 24.8% | 21.5% | ||
| Q3 24 | 23.1% | 22.9% | ||
| Q2 24 | 16.6% | 25.3% |
营业利润率LITEMMS
| Q1 26 | — | 11.4% | ||
| Q4 25 | 9.7% | 10.9% | ||
| Q3 25 | 1.3% | 9.3% | ||
| Q2 25 | -1.7% | 12.3% | ||
| Q1 25 | -8.9% | 11.2% | ||
| Q4 24 | -12.8% | 6.2% | ||
| Q3 24 | -24.5% | 8.5% | ||
| Q2 24 | -43.3% | 10.8% |
净利率LITEMMS
| Q1 26 | — | 30.2% | ||
| Q4 25 | 11.8% | 7.0% | ||
| Q3 25 | 0.8% | 5.7% | ||
| Q2 25 | 44.4% | 7.9% | ||
| Q1 25 | -10.4% | 7.1% | ||
| Q4 24 | -15.1% | 2.9% | ||
| Q3 24 | -24.5% | 5.5% | ||
| Q2 24 | -81.9% | 6.8% |
每股收益（稀释后）LITEMMS
| Q1 26 | — | $7.27 | ||
| Q4 25 | $0.89 | $1.70 | ||
| Q3 25 | $0.05 | $1.27 | ||
| Q2 25 | $3.10 | $1.86 | ||
| Q1 25 | $-0.64 | $1.69 | ||
| Q4 24 | $-0.88 | $0.69 | ||
| Q3 24 | $-1.21 | $1.18 | ||
| Q2 24 | $-3.75 | $1.46 |
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 | $157.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $846.6M | $1.7B |
| 总资产 | $4.8B | $4.2B |
| 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LITEMMS
| Q1 26 | — | $157.5M | ||
| Q4 25 | $1.2B | $137.6M | ||
| Q3 25 | $1.1B | $222.4M | ||
| Q2 25 | $877.1M | $59.8M | ||
| Q1 25 | $866.7M | $108.1M | ||
| Q4 24 | $896.7M | $72.7M | ||
| Q3 24 | $916.1M | $183.1M | ||
| Q2 24 | $887.0M | $102.8M |
股东权益LITEMMS
| Q1 26 | — | $1.7B | ||
| Q4 25 | $846.6M | $1.7B | ||
| Q3 25 | $780.8M | $1.7B | ||
| Q2 25 | $1.1B | $1.8B | ||
| Q1 25 | $879.5M | $1.7B | ||
| Q4 24 | $872.3M | $1.6B | ||
| Q3 24 | $895.9M | $1.8B | ||
| Q2 24 | $957.3M | $1.8B |
总资产LITEMMS
| Q1 26 | — | $4.2B | ||
| Q4 25 | $4.8B | $4.2B | ||
| Q3 25 | $4.6B | $4.1B | ||
| Q2 25 | $4.2B | $4.5B | ||
| Q1 25 | $4.0B | $4.2B | ||
| Q4 24 | $4.0B | $4.1B | ||
| Q3 24 | $4.0B | $4.1B | ||
| Q2 24 | $3.9B | $4.0B |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $43.1M | $450.0M |
| 自由现金流率自由现金流/营收 | 6.5% | 34.5% |
| 资本支出强度资本支出/营收 | 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 | $-29.5M | $643.0M |
8季度趋势，按日历期对齐
经营现金流LITEMMS
| Q1 26 | — | — | ||
| Q4 25 | $126.7M | $-244.4M | ||
| Q3 25 | $57.9M | $649.4M | ||
| Q2 25 | $64.0M | $-182.7M | ||
| Q1 25 | $-1.6M | $42.7M | ||
| Q4 24 | $24.3M | $-80.0M | ||
| Q3 24 | $39.6M | $163.8M | ||
| Q2 24 | $35.5M | $199.3M |
自由现金流LITEMMS
| Q1 26 | — | $450.0M | ||
| Q4 25 | $43.1M | $-250.7M | ||
| Q3 25 | $-18.3M | $641.8M | ||
| Q2 25 | $10.1M | $-198.2M | ||
| Q1 25 | $-64.4M | $25.5M | ||
| Q4 24 | $-15.9M | $-103.0M | ||
| Q3 24 | $-34.5M | $131.9M | ||
| Q2 24 | $10.9M | $164.6M |
自由现金流率LITEMMS
| Q1 26 | — | 34.5% | ||
| Q4 25 | 6.5% | -18.6% | ||
| Q3 25 | -3.4% | 48.7% | ||
| Q2 25 | 2.1% | -14.7% | ||
| Q1 25 | -15.1% | 1.9% | ||
| Q4 24 | -4.0% | -7.3% | ||
| Q3 24 | -10.2% | 10.0% | ||
| Q2 24 | 3.5% | 12.5% |
资本支出强度LITEMMS
| Q1 26 | — | — | ||
| Q4 25 | 12.6% | 0.5% | ||
| Q3 25 | 14.3% | 0.6% | ||
| Q2 25 | 11.2% | 1.1% | ||
| Q1 25 | 14.8% | 1.3% | ||
| Q4 24 | 10.0% | 1.6% | ||
| Q3 24 | 22.0% | 2.4% | ||
| Q2 24 | 8.0% | 2.6% |
现金转化率LITEMMS
| Q1 26 | — | — | ||
| Q4 25 | 1.62× | -2.60× | ||
| Q3 25 | 13.79× | 8.63× | ||
| Q2 25 | 0.30× | -1.72× | ||
| Q1 25 | — | 0.44× | ||
| Q4 24 | — | -1.94× | ||
| Q3 24 | — | 2.26× | ||
| Q2 24 | — | 2.22× |
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% |
MMS
暂无分部数据
