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LKQ Corporation（LKQ）与德事隆（TXT）财务数据对比。点击上方公司名可切换其他公司
德事隆的季度营收约是LKQ Corporation的1.4倍（$4.2B vs $3.0B），德事隆净利率更高（5.6% vs 2.2%，领先3.5%），德事隆同比增速更快（15.6% vs -9.2%），德事隆自由现金流更多（$527.0M vs $274.0M），过去两年德事隆的营收复合增速更高（15.4% vs -9.3%）
LKQ Corporation是来自美国的汽车及其他车辆替代性、特种零配件供应商，主营业务为各类车辆维修、改装所需的替换系统、组件、设备及零配件销售，服务覆盖乘用车、卡车、休闲车、性能车等多种车型，业务网络遍及北美、欧洲及中国台湾地区。
德事隆是总部位于美国罗德岛州普罗维登斯的工业集团，1923年由罗亚尔·利特尔创立，前身为特种纱线公司。旗下拥有贝尔德事隆、考泰斯、德事隆航空、莱康明发动机等子公司，业务覆盖25个国家，2020年员工总数超3.3万人，2021年位列美国财富500强第265位。
LKQ vs TXT — 直观对比
营收规模更大
TXT
是对方的1.4倍
$3.0B
营收增速更快
TXT
高出24.8%
-9.2%
净利率更高
TXT
高出3.5%
2.2%
自由现金流更多
TXT
多$253.0M
$274.0M
两年增速更快
TXT
近两年复合增速
-9.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $4.2B |
| 净利润 | $66.0M | $235.0M |
| 毛利率 | 37.2% | — |
| 营业利润率 | 3.9% | — |
| 净利率 | 2.2% | 5.6% |
| 营收同比 | -9.2% | 15.6% |
| 净利润同比 | -58.0% | 66.7% |
| 每股收益（稀释后） | $0.25 | — |
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LKQTXT
| Q4 25 | $3.0B | $4.2B | ||
| Q3 25 | $3.5B | $3.6B | ||
| Q2 25 | $3.6B | $3.7B | ||
| Q1 25 | $3.5B | $3.3B | ||
| Q4 24 | $3.4B | $3.6B | ||
| Q3 24 | $3.6B | $3.4B | ||
| Q2 24 | $3.7B | $3.5B | ||
| Q1 24 | $3.7B | $3.1B |
净利润LKQTXT
| Q4 25 | $66.0M | $235.0M | ||
| Q3 25 | $180.0M | $234.0M | ||
| Q2 25 | $193.0M | $245.0M | ||
| Q1 25 | $169.0M | $207.0M | ||
| Q4 24 | $157.0M | $141.0M | ||
| Q3 24 | $192.0M | $223.0M | ||
| Q2 24 | $186.0M | $259.0M | ||
| Q1 24 | $158.0M | $201.0M |
毛利率LKQTXT
| Q4 25 | 37.2% | — | ||
| Q3 25 | 38.3% | — | ||
| Q2 25 | 38.8% | — | ||
| Q1 25 | 39.8% | — | ||
| Q4 24 | 39.5% | — | ||
| Q3 24 | 38.9% | — | ||
| Q2 24 | 38.8% | — | ||
| Q1 24 | 39.2% | — |
营业利润率LKQTXT
| Q4 25 | 3.9% | — | ||
| Q3 25 | 7.8% | — | ||
| Q2 25 | 8.6% | — | ||
| Q1 25 | 8.3% | — | ||
| Q4 24 | 8.1% | 3.6% | ||
| Q3 24 | 8.6% | 7.4% | ||
| Q2 24 | 8.9% | 9.2% | ||
| Q1 24 | 7.8% | 7.6% |
净利率LKQTXT
| Q4 25 | 2.2% | 5.6% | ||
| Q3 25 | 5.1% | 6.5% | ||
| Q2 25 | 5.3% | 6.6% | ||
| Q1 25 | 4.9% | 6.3% | ||
| Q4 24 | 4.7% | 3.9% | ||
| Q3 24 | 5.4% | 6.5% | ||
| Q2 24 | 5.0% | 7.3% | ||
| Q1 24 | 4.3% | 6.4% |
每股收益（稀释后）LKQTXT
| Q4 25 | $0.25 | — | ||
| Q3 25 | $0.70 | — | ||
| Q2 25 | $0.75 | — | ||
| Q1 25 | $0.65 | $1.13 | ||
| Q4 24 | $0.60 | — | ||
| Q3 24 | $0.73 | — | ||
| Q2 24 | $0.70 | — | ||
| Q1 24 | $0.59 | $1.03 |
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 | $319.0M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.5B | — |
| 总资产 | $15.1B | — |
| 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LKQTXT
| Q4 25 | $319.0M | — | ||
| Q3 25 | $289.0M | — | ||
| Q2 25 | $289.0M | — | ||
| Q1 25 | $227.0M | — | ||
| Q4 24 | $234.0M | — | ||
| Q3 24 | $353.0M | — | ||
| Q2 24 | $276.0M | — | ||
| Q1 24 | $344.0M | — |
股东权益LKQTXT
| Q4 25 | $6.5B | — | ||
| Q3 25 | $6.6B | $7.5B | ||
| Q2 25 | $6.5B | $7.4B | ||
| Q1 25 | $6.2B | $7.3B | ||
| Q4 24 | $6.0B | $7.2B | ||
| Q3 24 | $6.2B | $7.0B | ||
| Q2 24 | $6.1B | $6.9B | ||
| Q1 24 | $6.2B | $6.9B |
总资产LKQTXT
| Q4 25 | $15.1B | — | ||
| Q3 25 | $15.6B | $17.4B | ||
| Q2 25 | $15.9B | $17.1B | ||
| Q1 25 | $15.5B | $16.9B | ||
| Q4 24 | $15.0B | $16.8B | ||
| Q3 24 | $15.5B | $16.5B | ||
| Q2 24 | $15.2B | $16.4B | ||
| Q1 24 | $15.3B | $16.4B |
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 | $330.0M | $700.0M |
| 自由现金流经营现金流 - 资本支出 | $274.0M | $527.0M |
| 自由现金流率自由现金流/营收 | 9.0% | 12.6% |
| 资本支出强度资本支出/营收 | 1.8% | 4.1% |
| 现金转化率经营现金流/净利润 | 5.00× | 2.98× |
| 过去12个月自由现金流最近4个季度 | $847.0M | $929.0M |
8季度趋势，按日历期对齐
经营现金流LKQTXT
| Q4 25 | $330.0M | $700.0M | ||
| Q3 25 | $440.0M | $349.0M | ||
| Q2 25 | $296.0M | $387.0M | ||
| Q1 25 | $-3.0M | $-124.0M | ||
| Q4 24 | $235.0M | $446.0M | ||
| Q3 24 | $420.0M | $208.0M | ||
| Q2 24 | $213.0M | $367.0M | ||
| Q1 24 | $253.0M | $-7.0M |
自由现金流LKQTXT
| Q4 25 | $274.0M | $527.0M | ||
| Q3 25 | $387.0M | $273.0M | ||
| Q2 25 | $243.0M | $309.0M | ||
| Q1 25 | $-57.0M | $-180.0M | ||
| Q4 24 | $149.0M | $293.0M | ||
| Q3 24 | $341.0M | $137.0M | ||
| Q2 24 | $133.0M | $293.0M | ||
| Q1 24 | $187.0M | $-73.0M |
自由现金流率LKQTXT
| Q4 25 | 9.0% | 12.6% | ||
| Q3 25 | 11.1% | 7.6% | ||
| Q2 25 | 6.7% | 8.3% | ||
| Q1 25 | -1.6% | -5.4% | ||
| Q4 24 | 4.4% | 8.1% | ||
| Q3 24 | 9.5% | 4.0% | ||
| Q2 24 | 3.6% | 8.3% | ||
| Q1 24 | 5.0% | -2.3% |
资本支出强度LKQTXT
| Q4 25 | 1.8% | 4.1% | ||
| Q3 25 | 1.5% | 2.1% | ||
| Q2 25 | 1.5% | 2.1% | ||
| Q1 25 | 1.6% | 1.7% | ||
| Q4 24 | 2.6% | 4.2% | ||
| Q3 24 | 2.2% | 2.1% | ||
| Q2 24 | 2.2% | 2.1% | ||
| Q1 24 | 1.8% | 2.1% |
现金转化率LKQTXT
| Q4 25 | 5.00× | 2.98× | ||
| Q3 25 | 2.44× | 1.49× | ||
| Q2 25 | 1.53× | 1.58× | ||
| Q1 25 | -0.02× | -0.60× | ||
| Q4 24 | 1.50× | 3.16× | ||
| Q3 24 | 2.19× | 0.93× | ||
| Q2 24 | 1.15× | 1.42× | ||
| Q1 24 | 1.60× | -0.03× |
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
LKQ
| Partsand Services Domain | $1.3B | 42% |
| Other | $1.2B | 40% |
| DE | $463.0M | 15% |
| Other Revenue | $85.0M | 3% |
TXT
| Aircraft | $1.2B | 29% |
| Military Aircraft And Support Programs | $655.0M | 16% |
| Aftermarket Parts And Services | $551.0M | 13% |
| Services | $507.0M | 12% |
| Fuel Systems And Functional Components | $480.0M | 11% |
| Textron Systems | $323.0M | 8% |
| Other | $317.0M | 8% |
| US Government | $119.0M | 3% |
| Finance | $18.0M | 0% |
| Textron E Aviation Segment | $7.0M | 0% |
