vs
朗美通（LITE）与PORTLAND GENERAL ELECTRIC CO（POR）财务数据对比。点击上方公司名可切换其他公司
PORTLAND GENERAL ELECTRIC CO的季度营收约是朗美通的1.3倍（$889.0M vs $665.5M），朗美通净利率更高（11.8% vs 4.6%，领先7.1%），朗美通同比增速更快（65.5% vs 7.9%），朗美通自由现金流更多（$43.1M vs $-142.0M），过去两年朗美通的营收复合增速更高（34.8% vs -2.2%）
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。
波特兰通用电气（简称PGE）是财富1000强上市能源企业，总部位于美国俄勒冈州波特兰，业务覆盖发电、输电、配电全链路，为俄勒冈州近三分之二的工商业活动提供电力服务，受俄勒冈州公用事业委员会监管，前身为1888年成立的威拉米特瀑布电气公司。
LITE vs POR — 直观对比
营收规模更大
POR
是对方的1.3倍
$665.5M
营收增速更快
LITE
高出57.6%
7.9%
净利率更高
LITE
高出7.1%
4.6%
自由现金流更多
LITE
多$185.1M
$-142.0M
两年增速更快
LITE
近两年复合增速
-2.2%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $889.0M |
| 净利润 | $78.2M | $41.0M |
| 毛利率 | 36.1% | — |
| 营业利润率 | 9.7% | 10.7% |
| 净利率 | 11.8% | 4.6% |
| 营收同比 | 65.5% | 7.9% |
| 净利润同比 | 228.4% | 7.9% |
| 每股收益（稀释后） | $0.89 | $0.36 |
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LITEPOR
| Q4 25 | $665.5M | $889.0M | ||
| Q3 25 | $533.8M | $952.0M | ||
| Q2 25 | $480.7M | $807.0M | ||
| Q1 25 | $425.2M | $928.0M | ||
| Q4 24 | $402.2M | $824.0M | ||
| Q3 24 | $336.9M | $929.0M | ||
| Q2 24 | $308.3M | $758.0M | ||
| Q1 24 | $366.5M | $929.0M |
净利润LITEPOR
| Q4 25 | $78.2M | $41.0M | ||
| Q3 25 | $4.2M | $103.0M | ||
| Q2 25 | $213.3M | $62.0M | ||
| Q1 25 | $-44.1M | $100.0M | ||
| Q4 24 | $-60.9M | $38.0M | ||
| Q3 24 | $-82.4M | $94.0M | ||
| Q2 24 | $-252.5M | $72.0M | ||
| Q1 24 | $-127.0M | $109.0M |
毛利率LITEPOR
| Q4 25 | 36.1% | — | ||
| Q3 25 | 34.0% | — | ||
| Q2 25 | 33.3% | — | ||
| Q1 25 | 28.8% | — | ||
| Q4 24 | 24.8% | — | ||
| Q3 24 | 23.1% | — | ||
| Q2 24 | 16.6% | — | ||
| Q1 24 | 16.2% | — |
营业利润率LITEPOR
| Q4 25 | 9.7% | 10.7% | ||
| Q3 25 | 1.3% | 18.3% | ||
| Q2 25 | -1.7% | 14.6% | ||
| Q1 25 | -8.9% | 18.1% | ||
| Q4 24 | -12.8% | 10.7% | ||
| Q3 24 | -24.5% | 15.7% | ||
| Q2 24 | -43.3% | 15.3% | ||
| Q1 24 | -31.3% | 17.4% |
净利率LITEPOR
| Q4 25 | 11.8% | 4.6% | ||
| Q3 25 | 0.8% | 10.8% | ||
| Q2 25 | 44.4% | 7.7% | ||
| Q1 25 | -10.4% | 10.8% | ||
| Q4 24 | -15.1% | 4.6% | ||
| Q3 24 | -24.5% | 10.1% | ||
| Q2 24 | -81.9% | 9.5% | ||
| Q1 24 | -34.7% | 11.7% |
每股收益（稀释后）LITEPOR
| Q4 25 | $0.89 | $0.36 | ||
| Q3 25 | $0.05 | $0.94 | ||
| Q2 25 | $3.10 | $0.56 | ||
| Q1 25 | $-0.64 | $0.91 | ||
| Q4 24 | $-0.88 | $0.34 | ||
| Q3 24 | $-1.21 | $0.90 | ||
| Q2 24 | $-3.75 | $0.69 | ||
| Q1 24 | $-1.88 | $1.08 |
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 | — |
| 总债务越低越好 | — | $4.7B |
| 股东权益账面价值 | $846.6M | $4.1B |
| 总资产 | $4.8B | $13.2B |
| 负债/权益比越低杠杆越低 | — | 1.13× |
8季度趋势，按日历期对齐
现金及短期投资LITEPOR
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $877.1M | — | ||
| Q1 25 | $866.7M | — | ||
| Q4 24 | $896.7M | — | ||
| Q3 24 | $916.1M | — | ||
| Q2 24 | $887.0M | — | ||
| Q1 24 | $870.9M | — |
总债务LITEPOR
| Q4 25 | — | $4.7B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.4B |
股东权益LITEPOR
| Q4 25 | $846.6M | $4.1B | ||
| Q3 25 | $780.8M | $4.0B | ||
| Q2 25 | $1.1B | $3.9B | ||
| Q1 25 | $879.5M | $3.8B | ||
| Q4 24 | $872.3M | $3.8B | ||
| Q3 24 | $895.9M | $3.6B | ||
| Q2 24 | $957.3M | $3.5B | ||
| Q1 24 | $1.2B | $3.5B |
总资产LITEPOR
| Q4 25 | $4.8B | $13.2B | ||
| Q3 25 | $4.6B | $13.0B | ||
| Q2 25 | $4.2B | $12.7B | ||
| Q1 25 | $4.0B | $12.7B | ||
| Q4 24 | $4.0B | $12.5B | ||
| Q3 24 | $4.0B | $11.9B | ||
| Q2 24 | $3.9B | $11.6B | ||
| Q1 24 | $4.2B | $11.6B |
负债/权益比LITEPOR
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | 1.20× | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | — | 1.20× | ||
| Q3 24 | — | 1.22× | ||
| Q2 24 | — | 1.27× | ||
| Q1 24 | — | 1.28× |
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 | $148.0M |
| 自由现金流经营现金流 - 资本支出 | $43.1M | $-142.0M |
| 自由现金流率自由现金流/营收 | 6.5% | -16.0% |
| 资本支出强度资本支出/营收 | 12.6% | 32.6% |
| 现金转化率经营现金流/净利润 | 1.62× | 3.61× |
| 过去12个月自由现金流最近4个季度 | $-29.5M | $-71.0M |
8季度趋势，按日历期对齐
经营现金流LITEPOR
| Q4 25 | $126.7M | $148.0M | ||
| Q3 25 | $57.9M | $403.0M | ||
| Q2 25 | $64.0M | $336.0M | ||
| Q1 25 | $-1.6M | $231.0M | ||
| Q4 24 | $24.3M | $170.0M | ||
| Q3 24 | $39.6M | $244.0M | ||
| Q2 24 | $35.5M | $189.0M | ||
| Q1 24 | $-7.0M | $175.0M |
自由现金流LITEPOR
| Q4 25 | $43.1M | $-142.0M | ||
| Q3 25 | $-18.3M | $100.0M | ||
| Q2 25 | $10.1M | $99.0M | ||
| Q1 25 | $-64.4M | $-128.0M | ||
| Q4 24 | $-15.9M | $-222.0M | ||
| Q3 24 | $-34.5M | $-9.0M | ||
| Q2 24 | $10.9M | $-109.0M | ||
| Q1 24 | $-26.6M | $-150.0M |
自由现金流率LITEPOR
| Q4 25 | 6.5% | -16.0% | ||
| Q3 25 | -3.4% | 10.5% | ||
| Q2 25 | 2.1% | 12.3% | ||
| Q1 25 | -15.1% | -13.8% | ||
| Q4 24 | -4.0% | -26.9% | ||
| Q3 24 | -10.2% | -1.0% | ||
| Q2 24 | 3.5% | -14.4% | ||
| Q1 24 | -7.3% | -16.1% |
资本支出强度LITEPOR
| Q4 25 | 12.6% | 32.6% | ||
| Q3 25 | 14.3% | 31.8% | ||
| Q2 25 | 11.2% | 29.4% | ||
| Q1 25 | 14.8% | 38.7% | ||
| Q4 24 | 10.0% | 47.6% | ||
| Q3 24 | 22.0% | 27.2% | ||
| Q2 24 | 8.0% | 39.3% | ||
| Q1 24 | 5.3% | 35.0% |
现金转化率LITEPOR
| Q4 25 | 1.62× | 3.61× | ||
| Q3 25 | 13.79× | 3.91× | ||
| Q2 25 | 0.30× | 5.42× | ||
| Q1 25 | — | 2.31× | ||
| Q4 24 | — | 4.47× | ||
| Q3 24 | — | 2.60× | ||
| Q2 24 | — | 2.63× | ||
| Q1 24 | — | 1.61× |
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% |
POR
| Other | $507.0M | 57% |
| Commercial | $231.0M | 26% |
| Industrial | $140.0M | 16% |
| Direct Accesscustomers | $11.0M | 1% |
