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朗美通（LITE）与Worthington Steel, Inc.（WS）财务数据对比。点击上方公司名可切换其他公司
Worthington Steel, Inc.的季度营收约是朗美通的1.3倍（$871.9M vs $665.5M），朗美通净利率更高（11.8% vs 2.2%，领先9.6%），朗美通同比增速更快（65.5% vs 18.0%），Worthington Steel, Inc.自由现金流更多（$74.6M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% vs 3.9%）
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。
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
LITE vs WS — 直观对比
营收规模更大
WS
是对方的1.3倍
$665.5M
营收增速更快
LITE
高出47.5%
18.0%
净利率更高
LITE
高出9.6%
2.2%
自由现金流更多
WS
多$31.5M
$43.1M
两年增速更快
LITE
近两年复合增速
3.9%
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $871.9M |
| 净利润 | $78.2M | $18.8M |
| 毛利率 | 36.1% | 10.7% |
| 营业利润率 | 9.7% | 2.5% |
| 净利率 | 11.8% | 2.2% |
| 营收同比 | 65.5% | 18.0% |
| 净利润同比 | 228.4% | 46.9% |
| 每股收益（稀释后） | $0.89 | $0.37 |
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LITEWS
| Q4 25 | $665.5M | $871.9M | ||
| Q3 25 | $533.8M | $872.9M | ||
| Q2 25 | $480.7M | $832.9M | ||
| Q1 25 | $425.2M | $687.4M | ||
| Q4 24 | $402.2M | $739.0M | ||
| Q3 24 | $336.9M | $834.0M | ||
| Q2 24 | $308.3M | — | ||
| Q1 24 | $366.5M | $805.8M |
净利润LITEWS
| Q4 25 | $78.2M | $18.8M | ||
| Q3 25 | $4.2M | $36.8M | ||
| Q2 25 | $213.3M | $55.7M | ||
| Q1 25 | $-44.1M | $13.8M | ||
| Q4 24 | $-60.9M | $12.8M | ||
| Q3 24 | $-82.4M | $28.4M | ||
| Q2 24 | $-252.5M | — | ||
| Q1 24 | $-127.0M | $49.0M |
毛利率LITEWS
| Q4 25 | 36.1% | 10.7% | ||
| Q3 25 | 34.0% | 13.2% | ||
| Q2 25 | 33.3% | 15.2% | ||
| Q1 25 | 28.8% | 11.8% | ||
| Q4 24 | 24.8% | 10.8% | ||
| Q3 24 | 23.1% | 12.0% | ||
| Q2 24 | 16.6% | — | ||
| Q1 24 | 16.2% | 14.9% |
营业利润率LITEWS
| Q4 25 | 9.7% | 2.5% | ||
| Q3 25 | 1.3% | 5.5% | ||
| Q2 25 | -1.7% | 8.0% | ||
| Q1 25 | -8.9% | 2.7% | ||
| Q4 24 | -12.8% | 2.6% | ||
| Q3 24 | -24.5% | 5.2% | ||
| Q2 24 | -43.3% | — | ||
| Q1 24 | -31.3% | 8.2% |
净利率LITEWS
| Q4 25 | 11.8% | 2.2% | ||
| Q3 25 | 0.8% | 4.2% | ||
| Q2 25 | 44.4% | 6.7% | ||
| Q1 25 | -10.4% | 2.0% | ||
| Q4 24 | -15.1% | 1.7% | ||
| Q3 24 | -24.5% | 3.4% | ||
| Q2 24 | -81.9% | — | ||
| Q1 24 | -34.7% | 6.1% |
每股收益（稀释后）LITEWS
| Q4 25 | $0.89 | $0.37 | ||
| Q3 25 | $0.05 | $0.72 | ||
| Q2 25 | $3.10 | $1.11 | ||
| Q1 25 | $-0.64 | $0.27 | ||
| Q4 24 | $-0.88 | $0.25 | ||
| Q3 24 | $-1.21 | $0.56 | ||
| Q2 24 | $-3.75 | — | ||
| Q1 24 | $-1.88 | $0.98 |
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 | $89.8M |
| 总债务越低越好 | — | $72.1M |
| 股东权益账面价值 | $846.6M | $1.1B |
| 总资产 | $4.8B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资LITEWS
| Q4 25 | $1.2B | $89.8M | ||
| Q3 25 | $1.1B | $78.3M | ||
| Q2 25 | $877.1M | $38.0M | ||
| Q1 25 | $866.7M | $63.3M | ||
| Q4 24 | $896.7M | $52.0M | ||
| Q3 24 | $916.1M | $36.0M | ||
| Q2 24 | $887.0M | — | ||
| Q1 24 | $870.9M | $60.8M |
总债务LITEWS
| Q4 25 | — | $72.1M | ||
| Q3 25 | — | $73.4M | ||
| Q2 25 | — | $151.5M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $115.0M | ||
| Q3 24 | — | $122.2M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $147.2M |
股东权益LITEWS
| Q4 25 | $846.6M | $1.1B | ||
| Q3 25 | $780.8M | $1.1B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $879.5M | $1.0B | ||
| Q4 24 | $872.3M | $1.0B | ||
| Q3 24 | $895.9M | $1.0B | ||
| Q2 24 | $957.3M | — | ||
| Q1 24 | $1.2B | $937.6M |
总资产LITEWS
| Q4 25 | $4.8B | $2.1B | ||
| Q3 25 | $4.6B | $2.2B | ||
| Q2 25 | $4.2B | $2.0B | ||
| Q1 25 | $4.0B | $1.8B | ||
| Q4 24 | $4.0B | $1.7B | ||
| Q3 24 | $4.0B | $1.8B | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $4.2B | $1.8B |
负债/权益比LITEWS
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.14× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.16× |
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 | $99.3M |
| 自由现金流经营现金流 - 资本支出 | $43.1M | $74.6M |
| 自由现金流率自由现金流/营收 | 6.5% | 8.6% |
| 资本支出强度资本支出/营收 | 12.6% | 2.8% |
| 现金转化率经营现金流/净利润 | 1.62× | 5.28× |
| 过去12个月自由现金流最近4个季度 | $-29.5M | $72.5M |
8季度趋势，按日历期对齐
经营现金流LITEWS
| Q4 25 | $126.7M | $99.3M | ||
| Q3 25 | $57.9M | $-6.3M | ||
| Q2 25 | $64.0M | $53.9M | ||
| Q1 25 | $-1.6M | $53.8M | ||
| Q4 24 | $24.3M | $68.0M | ||
| Q3 24 | $39.6M | $54.6M | ||
| Q2 24 | $35.5M | — | ||
| Q1 24 | $-7.0M | $44.7M |
自由现金流LITEWS
| Q4 25 | $43.1M | $74.6M | ||
| Q3 25 | $-18.3M | $-35.7M | ||
| Q2 25 | $10.1M | $8.4M | ||
| Q1 25 | $-64.4M | $25.2M | ||
| Q4 24 | $-15.9M | $33.2M | ||
| Q3 24 | $-34.5M | $33.1M | ||
| Q2 24 | $10.9M | — | ||
| Q1 24 | $-26.6M | $22.3M |
自由现金流率LITEWS
| Q4 25 | 6.5% | 8.6% | ||
| Q3 25 | -3.4% | -4.1% | ||
| Q2 25 | 2.1% | 1.0% | ||
| Q1 25 | -15.1% | 3.7% | ||
| Q4 24 | -4.0% | 4.5% | ||
| Q3 24 | -10.2% | 4.0% | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | -7.3% | 2.8% |
资本支出强度LITEWS
| Q4 25 | 12.6% | 2.8% | ||
| Q3 25 | 14.3% | 3.4% | ||
| Q2 25 | 11.2% | 5.5% | ||
| Q1 25 | 14.8% | 4.2% | ||
| Q4 24 | 10.0% | 4.7% | ||
| Q3 24 | 22.0% | 2.6% | ||
| Q2 24 | 8.0% | — | ||
| Q1 24 | 5.3% | 2.8% |
现金转化率LITEWS
| Q4 25 | 1.62× | 5.28× | ||
| Q3 25 | 13.79× | -0.17× | ||
| Q2 25 | 0.30× | 0.97× | ||
| Q1 25 | — | 3.90× | ||
| Q4 24 | — | 5.31× | ||
| Q3 24 | — | 1.92× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.91× |
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% |
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
