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朗美通（LITE）与STANDARD MOTOR PRODUCTS, INC.（SMP）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STANDARD MOTOR PRODUCTS, INC.的1.7倍（$665.5M vs $385.1M），朗美通净利率更高（11.8% vs 2.0%，领先9.7%），朗美通同比增速更快（65.5% vs 12.2%），朗美通自由现金流更多（$43.1M vs $-37.6M），过去两年朗美通的营收复合增速更高（34.8% vs 7.8%）
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。
标准汽车产品公司（SMP）是一家汽车零部件制造商与经销商，由埃利亚斯·法伊夫和拉尔夫·范艾伦于1919年合伙创立，1926年完成法人注册，总部位于纽约长岛市，在纽约证券交易所上市。公司目前设有车辆控制、温控、工程解决方案和尼森斯四大运营板块，为汽车售后市场供应相关零部件产品。
LITE vs SMP — 直观对比
营收规模更大
LITE
是对方的1.7倍
$385.1M
营收增速更快
LITE
高出53.3%
12.2%
净利率更高
LITE
高出9.7%
2.0%
自由现金流更多
LITE
多$80.7M
$-37.6M
两年增速更快
LITE
近两年复合增速
7.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $385.1M |
| 净利润 | $78.2M | $7.9M |
| 毛利率 | 36.1% | 31.7% |
| 营业利润率 | 9.7% | 5.6% |
| 净利率 | 11.8% | 2.0% |
| 营收同比 | 65.5% | 12.2% |
| 净利润同比 | 228.4% | 457.9% |
| 每股收益（稀释后） | $0.89 | $0.34 |
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LITESMP
| Q4 25 | $665.5M | $385.1M | ||
| Q3 25 | $533.8M | $498.8M | ||
| Q2 25 | $480.7M | $493.9M | ||
| Q1 25 | $425.2M | $413.4M | ||
| Q4 24 | $402.2M | $343.4M | ||
| Q3 24 | $336.9M | $399.3M | ||
| Q2 24 | $308.3M | $389.8M | ||
| Q1 24 | $366.5M | $331.4M |
净利润LITESMP
| Q4 25 | $78.2M | $7.9M | ||
| Q3 25 | $4.2M | $-4.3M | ||
| Q2 25 | $213.3M | $25.2M | ||
| Q1 25 | $-44.1M | $12.6M | ||
| Q4 24 | $-60.9M | $-2.2M | ||
| Q3 24 | $-82.4M | $3.8M | ||
| Q2 24 | $-252.5M | $17.1M | ||
| Q1 24 | $-127.0M | $8.8M |
毛利率LITESMP
| Q4 25 | 36.1% | 31.7% | ||
| Q3 25 | 34.0% | 32.4% | ||
| Q2 25 | 33.3% | 30.6% | ||
| Q1 25 | 28.8% | 30.2% | ||
| Q4 24 | 24.8% | 29.4% | ||
| Q3 24 | 23.1% | 30.4% | ||
| Q2 24 | 16.6% | 28.6% | ||
| Q1 24 | 16.2% | 27.0% |
营业利润率LITESMP
| Q4 25 | 9.7% | 5.6% | ||
| Q3 25 | 1.3% | 9.5% | ||
| Q2 25 | -1.7% | 8.7% | ||
| Q1 25 | -8.9% | 5.9% | ||
| Q4 24 | -12.8% | 1.1% | ||
| Q3 24 | -24.5% | 9.3% | ||
| Q2 24 | -43.3% | 6.4% | ||
| Q1 24 | -31.3% | 4.4% |
净利率LITESMP
| Q4 25 | 11.8% | 2.0% | ||
| Q3 25 | 0.8% | -0.9% | ||
| Q2 25 | 44.4% | 5.1% | ||
| Q1 25 | -10.4% | 3.0% | ||
| Q4 24 | -15.1% | -0.6% | ||
| Q3 24 | -24.5% | 1.0% | ||
| Q2 24 | -81.9% | 4.4% | ||
| Q1 24 | -34.7% | 2.7% |
每股收益（稀释后）LITESMP
| Q4 25 | $0.89 | $0.34 | ||
| Q3 25 | $0.05 | $-0.19 | ||
| Q2 25 | $3.10 | $1.13 | ||
| Q1 25 | $-0.64 | $0.56 | ||
| Q4 24 | $-0.88 | $-0.09 | ||
| Q3 24 | $-1.21 | $0.17 | ||
| Q2 24 | $-3.75 | $0.77 | ||
| Q1 24 | $-1.88 | $0.39 |
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 | — | $618.7M |
| 股东权益账面价值 | $846.6M | $683.7M |
| 总资产 | $4.8B | $2.0B |
| 负债/权益比越低杠杆越低 | — | 0.90× |
8季度趋势，按日历期对齐
现金及短期投资LITESMP
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.1B | $87.2M | ||
| Q2 25 | $877.1M | $58.8M | ||
| Q1 25 | $866.7M | $50.3M | ||
| Q4 24 | $896.7M | $44.4M | ||
| Q3 24 | $916.1M | $26.3M | ||
| Q2 24 | $887.0M | $26.2M | ||
| Q1 24 | $870.9M | $27.1M |
总债务LITESMP
| Q4 25 | — | $618.7M | ||
| Q3 25 | — | $589.5M | ||
| Q2 25 | — | $636.6M | ||
| Q1 25 | — | $650.6M | ||
| Q4 24 | — | $562.3M | ||
| Q3 24 | — | $142.8M | ||
| Q2 24 | — | $208.2M | ||
| Q1 24 | — | $214.9M |
股东权益LITESMP
| Q4 25 | $846.6M | $683.7M | ||
| Q3 25 | $780.8M | $677.4M | ||
| Q2 25 | $1.1B | $688.6M | ||
| Q1 25 | $879.5M | $638.0M | ||
| Q4 24 | $872.3M | $615.7M | ||
| Q3 24 | $895.9M | $638.8M | ||
| Q2 24 | $957.3M | $640.0M | ||
| Q1 24 | $1.2B | $639.1M |
总资产LITESMP
| Q4 25 | $4.8B | $2.0B | ||
| Q3 25 | $4.6B | $2.0B | ||
| Q2 25 | $4.2B | $2.0B | ||
| Q1 25 | $4.0B | $1.9B | ||
| Q4 24 | $4.0B | $1.8B | ||
| Q3 24 | $4.0B | $1.4B | ||
| Q2 24 | $3.9B | $1.4B | ||
| Q1 24 | $4.2B | $1.4B |
负债/权益比LITESMP
| Q4 25 | — | 0.90× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.92× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | — | 0.91× | ||
| Q3 24 | — | 0.22× | ||
| Q2 24 | — | 0.33× | ||
| Q1 24 | — | 0.34× |
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 | $-28.2M |
| 自由现金流经营现金流 - 资本支出 | $43.1M | $-37.6M |
| 自由现金流率自由现金流/营收 | 6.5% | -9.8% |
| 资本支出强度资本支出/营收 | 12.6% | 2.4% |
| 现金转化率经营现金流/净利润 | 1.62× | -3.59× |
| 过去12个月自由现金流最近4个季度 | $-29.5M | $18.7M |
8季度趋势，按日历期对齐
经营现金流LITESMP
| Q4 25 | $126.7M | $-28.2M | ||
| Q3 25 | $57.9M | $91.6M | ||
| Q2 25 | $64.0M | $54.3M | ||
| Q1 25 | $-1.6M | $-60.2M | ||
| Q4 24 | $24.3M | $-1.5M | ||
| Q3 24 | $39.6M | $88.3M | ||
| Q2 24 | $35.5M | $35.6M | ||
| Q1 24 | $-7.0M | $-45.7M |
自由现金流LITESMP
| Q4 25 | $43.1M | $-37.6M | ||
| Q3 25 | $-18.3M | $81.5M | ||
| Q2 25 | $10.1M | $44.2M | ||
| Q1 25 | $-64.4M | $-69.4M | ||
| Q4 24 | $-15.9M | $-11.4M | ||
| Q3 24 | $-34.5M | $77.1M | ||
| Q2 24 | $10.9M | $22.7M | ||
| Q1 24 | $-26.6M | $-55.8M |
自由现金流率LITESMP
| Q4 25 | 6.5% | -9.8% | ||
| Q3 25 | -3.4% | 16.3% | ||
| Q2 25 | 2.1% | 8.9% | ||
| Q1 25 | -15.1% | -16.8% | ||
| Q4 24 | -4.0% | -3.3% | ||
| Q3 24 | -10.2% | 19.3% | ||
| Q2 24 | 3.5% | 5.8% | ||
| Q1 24 | -7.3% | -16.8% |
资本支出强度LITESMP
| Q4 25 | 12.6% | 2.4% | ||
| Q3 25 | 14.3% | 2.0% | ||
| Q2 25 | 11.2% | 2.1% | ||
| Q1 25 | 14.8% | 2.2% | ||
| Q4 24 | 10.0% | 2.9% | ||
| Q3 24 | 22.0% | 2.8% | ||
| Q2 24 | 8.0% | 3.3% | ||
| Q1 24 | 5.3% | 3.0% |
现金转化率LITESMP
| Q4 25 | 1.62× | -3.59× | ||
| Q3 25 | 13.79× | — | ||
| Q2 25 | 0.30× | 2.15× | ||
| Q1 25 | — | -4.79× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.19× | ||
| Q2 24 | — | 2.09× | ||
| Q1 24 | — | -5.18× |
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% |
SMP
| Engineered Solutions | $66.1M | 17% |
| Electrical And Safety | $63.6M | 17% |
| Temperature Control | $61.5M | 16% |
| Europe Excluding Poland | $55.5M | 14% |
| Other Thermal Components | $30.7M | 8% |
| Air Conditioning | $22.7M | 6% |
| Commercial Vehicle | $19.7M | 5% |
| All Other | $18.9M | 5% |
| PL | $16.0M | 4% |
| Wire Sets And Other | $11.9M | 3% |
| Engine Efficiency | $10.0M | 3% |
| Construction Agriculture | $7.8M | 2% |
