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朗美通（LITE）与WillScot Holdings Corp（WSC）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WillScot Holdings Corp的1.2倍（$665.5M vs $566.0M），朗美通净利率更高（11.8% vs -33.1%，领先44.8%），朗美通同比增速更快（65.5% vs -6.1%），WillScot Holdings Corp自由现金流更多（$149.7M vs $43.1M），过去两年朗美通的营收复合增速更高（34.8% vs -1.8%）
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。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
LITE vs WSC — 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71.5%
-6.1%
净利率更高
LITE
高出44.8%
-33.1%
自由现金流更多
WSC
多$106.6M
$43.1M
两年增速更快
LITE
近两年复合增速
-1.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $566.0M |
| 净利润 | $78.2M | $-187.3M |
| 毛利率 | 36.1% | 50.4% |
| 营业利润率 | 9.7% | -32.5% |
| 净利率 | 11.8% | -33.1% |
| 营收同比 | 65.5% | -6.1% |
| 净利润同比 | 228.4% | -310.0% |
| 每股收益（稀释后） | $0.89 | $-1.02 |
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LITEWSC
| Q4 25 | $665.5M | $566.0M | ||
| Q3 25 | $533.8M | $566.8M | ||
| Q2 25 | $480.7M | $589.1M | ||
| Q1 25 | $425.2M | $559.6M | ||
| Q4 24 | $402.2M | $602.5M | ||
| Q3 24 | $336.9M | $601.4M | ||
| Q2 24 | $308.3M | $604.6M | ||
| Q1 24 | $366.5M | $587.2M |
净利润LITEWSC
| Q4 25 | $78.2M | $-187.3M | ||
| Q3 25 | $4.2M | $43.3M | ||
| Q2 25 | $213.3M | $47.9M | ||
| Q1 25 | $-44.1M | $43.1M | ||
| Q4 24 | $-60.9M | $89.2M | ||
| Q3 24 | $-82.4M | $-70.5M | ||
| Q2 24 | $-252.5M | $-46.9M | ||
| Q1 24 | $-127.0M | $56.2M |
毛利率LITEWSC
| Q4 25 | 36.1% | 50.4% | ||
| Q3 25 | 34.0% | 49.7% | ||
| Q2 25 | 33.3% | 50.3% | ||
| Q1 25 | 28.8% | 53.7% | ||
| Q4 24 | 24.8% | 55.8% | ||
| Q3 24 | 23.1% | 53.5% | ||
| Q2 24 | 16.6% | 54.1% | ||
| Q1 24 | 16.2% | 54.0% |
营业利润率LITEWSC
| Q4 25 | 9.7% | -32.5% | ||
| Q3 25 | 1.3% | 21.0% | ||
| Q2 25 | -1.7% | 21.5% | ||
| Q1 25 | -8.9% | 21.3% | ||
| Q4 24 | -12.8% | 28.9% | ||
| Q3 24 | -24.5% | -5.9% | ||
| Q2 24 | -43.3% | -0.9% | ||
| Q1 24 | -31.3% | 22.1% |
净利率LITEWSC
| Q4 25 | 11.8% | -33.1% | ||
| Q3 25 | 0.8% | 7.6% | ||
| Q2 25 | 44.4% | 8.1% | ||
| Q1 25 | -10.4% | 7.7% | ||
| Q4 24 | -15.1% | 14.8% | ||
| Q3 24 | -24.5% | -11.7% | ||
| Q2 24 | -81.9% | -7.7% | ||
| Q1 24 | -34.7% | 9.6% |
每股收益（稀释后）LITEWSC
| Q4 25 | $0.89 | $-1.02 | ||
| Q3 25 | $0.05 | $0.24 | ||
| Q2 25 | $3.10 | $0.26 | ||
| Q1 25 | $-0.64 | $0.23 | ||
| Q4 24 | $-0.88 | $0.48 | ||
| Q3 24 | $-1.21 | $-0.37 | ||
| Q2 24 | $-3.75 | $-0.25 | ||
| Q1 24 | $-1.88 | $0.29 |
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 | $14.6M |
| 总债务越低越好 | — | $3.6B |
| 股东权益账面价值 | $846.6M | $856.3M |
| 总资产 | $4.8B | $5.8B |
| 负债/权益比越低杠杆越低 | — | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资LITEWSC
| Q4 25 | $1.2B | $14.6M | ||
| Q3 25 | $1.1B | $14.8M | ||
| Q2 25 | $877.1M | $12.8M | ||
| Q1 25 | $866.7M | $10.7M | ||
| Q4 24 | $896.7M | $9.0M | ||
| Q3 24 | $916.1M | $11.0M | ||
| Q2 24 | $887.0M | $5.9M | ||
| Q1 24 | $870.9M | $13.1M |
总债务LITEWSC
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | — | $3.5B |
股东权益LITEWSC
| Q4 25 | $846.6M | $856.3M | ||
| Q3 25 | $780.8M | $1.1B | ||
| Q2 25 | $1.1B | $1.0B | ||
| Q1 25 | $879.5M | $1.0B | ||
| Q4 24 | $872.3M | $1.0B | ||
| Q3 24 | $895.9M | $1.1B | ||
| Q2 24 | $957.3M | $1.2B | ||
| Q1 24 | $1.2B | $1.3B |
总资产LITEWSC
| Q4 25 | $4.8B | $5.8B | ||
| Q3 25 | $4.6B | $6.1B | ||
| Q2 25 | $4.2B | $6.1B | ||
| Q1 25 | $4.0B | $6.0B | ||
| Q4 24 | $4.0B | $6.0B | ||
| Q3 24 | $4.0B | $6.0B | ||
| Q2 24 | $3.9B | $6.0B | ||
| Q1 24 | $4.2B | $6.2B |
负债/权益比LITEWSC
| Q4 25 | — | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | — | 3.42× | ||
| Q2 24 | — | 2.88× | ||
| Q1 24 | — | 2.63× |
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 | $158.9M |
| 自由现金流经营现金流 - 资本支出 | $43.1M | $149.7M |
| 自由现金流率自由现金流/营收 | 6.5% | 26.5% |
| 资本支出强度资本支出/营收 | 12.6% | 1.6% |
| 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 | $737.7M |
8季度趋势，按日历期对齐
经营现金流LITEWSC
| Q4 25 | $126.7M | $158.9M | ||
| Q3 25 | $57.9M | $191.2M | ||
| Q2 25 | $64.0M | $205.3M | ||
| Q1 25 | $-1.6M | $206.6M | ||
| Q4 24 | $24.3M | $178.9M | ||
| Q3 24 | $39.6M | $-1.6M | ||
| Q2 24 | $35.5M | $175.6M | ||
| Q1 24 | $-7.0M | $208.7M |
自由现金流LITEWSC
| Q4 25 | $43.1M | $149.7M | ||
| Q3 25 | $-18.3M | $186.9M | ||
| Q2 25 | $10.1M | $199.0M | ||
| Q1 25 | $-64.4M | $202.0M | ||
| Q4 24 | $-15.9M | $176.6M | ||
| Q3 24 | $-34.5M | $-4.9M | ||
| Q2 24 | $10.9M | $169.4M | ||
| Q1 24 | $-26.6M | $202.1M |
自由现金流率LITEWSC
| Q4 25 | 6.5% | 26.5% | ||
| Q3 25 | -3.4% | 33.0% | ||
| Q2 25 | 2.1% | 33.8% | ||
| Q1 25 | -15.1% | 36.1% | ||
| Q4 24 | -4.0% | 29.3% | ||
| Q3 24 | -10.2% | -0.8% | ||
| Q2 24 | 3.5% | 28.0% | ||
| Q1 24 | -7.3% | 34.4% |
资本支出强度LITEWSC
| Q4 25 | 12.6% | 1.6% | ||
| Q3 25 | 14.3% | 0.7% | ||
| Q2 25 | 11.2% | 1.1% | ||
| Q1 25 | 14.8% | 0.8% | ||
| Q4 24 | 10.0% | 0.4% | ||
| Q3 24 | 22.0% | 0.6% | ||
| Q2 24 | 8.0% | 1.0% | ||
| Q1 24 | 5.3% | 1.1% |
现金转化率LITEWSC
| Q4 25 | 1.62× | — | ||
| Q3 25 | 13.79× | 4.41× | ||
| Q2 25 | 0.30× | 4.28× | ||
| Q1 25 | — | 4.80× | ||
| Q4 24 | — | 2.01× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
