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罗技（LOGI）与PAR PACIFIC HOLDINGS, INC.（PARR）财务数据对比。点击上方公司名可切换其他公司
PAR PACIFIC HOLDINGS, INC.的季度营收约是罗技的1.3倍（$1.8B vs $1.4B），罗技净利率更高（17.7% vs 4.3%，领先13.4%），罗技同比增速更快（6.1% vs -1.0%），罗技自由现金流更多（$465.6M vs $66.3M），过去两年罗技的营收复合增速更高（18.5% vs -4.3%）
罗技国际是总部位于瑞士洛桑的跨国企业，专注于计算机外设及相关软件的研发与生产，在欧洲、亚洲、大洋洲、美洲均设有分支机构，为瑞士市场指数成分股，同时在纳斯达克交易所挂牌上市。
Par Pacific Holdings是总部位于美国休斯顿的油气勘探生产企业，曾在破产重组后以Par Petroleum Corporation为名运营，2015年10月20日正式更名为现名，2017年入选《财富》美国1000强企业。
LOGI vs PARR — 直观对比
营收规模更大
PARR
是对方的1.3倍
$1.4B
营收增速更快
LOGI
高出7.1%
-1.0%
净利率更高
LOGI
高出13.4%
4.3%
自由现金流更多
LOGI
多$399.4M
$66.3M
两年增速更快
LOGI
近两年复合增速
-4.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.8B |
| 净利润 | $251.0M | $77.7M |
| 毛利率 | 43.2% | — |
| 营业利润率 | 20.1% | 5.5% |
| 净利率 | 17.7% | 4.3% |
| 营收同比 | 6.1% | -1.0% |
| 净利润同比 | 25.4% | 239.5% |
| 每股收益（稀释后） | $1.69 | $1.40 |
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LOGIPARR
| Q4 25 | $1.4B | $1.8B | ||
| Q3 25 | $1.2B | $2.0B | ||
| Q2 25 | $1.1B | $1.9B | ||
| Q1 25 | $1.0B | $1.7B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.1B | $2.1B | ||
| Q2 24 | $1.1B | $2.0B | ||
| Q1 24 | $1.0B | $2.0B |
净利润LOGIPARR
| Q4 25 | $251.0M | $77.7M | ||
| Q3 25 | $170.7M | $262.6M | ||
| Q2 25 | $146.0M | $59.5M | ||
| Q1 25 | $144.1M | $-30.4M | ||
| Q4 24 | $200.1M | $-55.7M | ||
| Q3 24 | $145.5M | $7.5M | ||
| Q2 24 | $141.8M | $18.6M | ||
| Q1 24 | $167.6M | $-3.8M |
毛利率LOGIPARR
| Q4 25 | 43.2% | — | ||
| Q3 25 | 43.4% | — | ||
| Q2 25 | 41.7% | — | ||
| Q1 25 | 43.1% | — | ||
| Q4 24 | 42.9% | — | ||
| Q3 24 | 43.6% | — | ||
| Q2 24 | 42.8% | — | ||
| Q1 24 | 43.2% | — |
营业利润率LOGIPARR
| Q4 25 | 20.1% | 5.5% | ||
| Q3 25 | 16.1% | 17.8% | ||
| Q2 25 | 14.1% | 5.1% | ||
| Q1 25 | 10.5% | -0.9% | ||
| Q4 24 | 17.5% | -2.6% | ||
| Q3 24 | 14.4% | 1.7% | ||
| Q2 24 | 14.1% | 2.4% | ||
| Q1 24 | 12.9% | 0.5% |
净利率LOGIPARR
| Q4 25 | 17.7% | 4.3% | ||
| Q3 25 | 14.4% | 13.0% | ||
| Q2 25 | 12.7% | 3.1% | ||
| Q1 25 | 14.3% | -1.7% | ||
| Q4 24 | 14.9% | -3.0% | ||
| Q3 24 | 13.0% | 0.3% | ||
| Q2 24 | 13.0% | 0.9% | ||
| Q1 24 | 16.6% | -0.2% |
每股收益（稀释后）LOGIPARR
| Q4 25 | $1.69 | $1.40 | ||
| Q3 25 | $1.15 | $5.16 | ||
| Q2 25 | $0.98 | $1.17 | ||
| Q1 25 | $0.94 | $-0.57 | ||
| Q4 24 | $1.32 | $-0.98 | ||
| Q3 24 | $0.95 | $0.13 | ||
| Q2 24 | $0.92 | $0.32 | ||
| Q1 24 | $1.07 | $-0.06 |
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 | $1.8B | $164.1M |
| 总债务越低越好 | — | $802.9M |
| 股东权益账面价值 | $2.3B | $1.5B |
| 总资产 | $4.1B | $3.8B |
| 负债/权益比越低杠杆越低 | — | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资LOGIPARR
| Q4 25 | $1.8B | $164.1M | ||
| Q3 25 | $1.4B | $159.1M | ||
| Q2 25 | $1.5B | $169.2M | ||
| Q1 25 | $1.5B | $133.7M | ||
| Q4 24 | $1.5B | $191.9M | ||
| Q3 24 | $1.4B | $183.0M | ||
| Q2 24 | $1.5B | $179.7M | ||
| Q1 24 | $1.5B | $228.3M |
总债务LOGIPARR
| Q4 25 | — | $802.9M | ||
| Q3 25 | — | $967.1M | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $639.5M |
股东权益LOGIPARR
| Q4 25 | $2.3B | $1.5B | ||
| Q3 25 | $2.1B | $1.4B | ||
| Q2 25 | $2.2B | $1.1B | ||
| Q1 25 | $2.1B | $1.1B | ||
| Q4 24 | $2.1B | $1.2B | ||
| Q3 24 | $2.1B | $1.3B | ||
| Q2 24 | $2.2B | $1.3B | ||
| Q1 24 | $2.2B | $1.3B |
总资产LOGIPARR
| Q4 25 | $4.1B | $3.8B | ||
| Q3 25 | $3.7B | $4.1B | ||
| Q2 25 | $3.7B | $3.9B | ||
| Q1 25 | $3.5B | $3.8B | ||
| Q4 24 | $3.7B | $3.8B | ||
| Q3 24 | $3.6B | $3.9B | ||
| Q2 24 | $3.7B | $3.9B | ||
| Q1 24 | $3.6B | $3.8B |
负债/权益比LOGIPARR
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 1.04× | ||
| Q4 24 | — | 0.93× | ||
| Q3 24 | — | 0.83× | ||
| Q2 24 | — | 0.84× | ||
| Q1 24 | — | 0.49× |
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 | $480.5M | $93.8M |
| 自由现金流经营现金流 - 资本支出 | $465.6M | $66.3M |
| 自由现金流率自由现金流/营收 | 32.8% | 3.7% |
| 资本支出强度资本支出/营收 | 1.0% | 1.5% |
| 现金转化率经营现金流/净利润 | 1.91× | 1.21× |
| 过去12个月自由现金流最近4个季度 | $903.6M | $296.5M |
8季度趋势，按日历期对齐
经营现金流LOGIPARR
| Q4 25 | $480.5M | $93.8M | ||
| Q3 25 | $228.8M | $219.4M | ||
| Q2 25 | $125.0M | $133.6M | ||
| Q1 25 | $129.7M | $-1.4M | ||
| Q4 24 | $370.9M | $-15.5M | ||
| Q3 24 | $166.0M | $78.5M | ||
| Q2 24 | $176.0M | $-4.7M | ||
| Q1 24 | $239.1M | $25.4M |
自由现金流LOGIPARR
| Q4 25 | $465.6M | $66.3M | ||
| Q3 25 | $212.3M | $187.1M | ||
| Q2 25 | $108.8M | $85.5M | ||
| Q1 25 | $116.9M | $-42.3M | ||
| Q4 24 | $356.6M | $-63.1M | ||
| Q3 24 | $151.5M | $50.2M | ||
| Q2 24 | $161.4M | $-41.6M | ||
| Q1 24 | $228.8M | $2.8M |
自由现金流率LOGIPARR
| Q4 25 | 32.8% | 3.7% | ||
| Q3 25 | 17.9% | 9.3% | ||
| Q2 25 | 9.5% | 4.5% | ||
| Q1 25 | 11.6% | -2.4% | ||
| Q4 24 | 26.6% | -3.4% | ||
| Q3 24 | 13.6% | 2.3% | ||
| Q2 24 | 14.8% | -2.1% | ||
| Q1 24 | 22.6% | 0.1% |
资本支出强度LOGIPARR
| Q4 25 | 1.0% | 1.5% | ||
| Q3 25 | 1.4% | 1.6% | ||
| Q2 25 | 1.4% | 2.5% | ||
| Q1 25 | 1.3% | 2.3% | ||
| Q4 24 | 1.1% | 2.6% | ||
| Q3 24 | 1.3% | 1.3% | ||
| Q2 24 | 1.3% | 1.8% | ||
| Q1 24 | 1.0% | 1.1% |
现金转化率LOGIPARR
| Q4 25 | 1.91× | 1.21× | ||
| Q3 25 | 1.34× | 0.84× | ||
| Q2 25 | 0.86× | 2.25× | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | 1.85× | — | ||
| Q3 24 | 1.14× | 10.48× | ||
| Q2 24 | 1.24× | -0.25× | ||
| Q1 24 | 1.43× | — |
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
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
PARR
| Distillates | $750.6M | 41% |
| Gasoline | $603.9M | 33% |
| Other Refined Products | $348.8M | 19% |
| Logistics | $73.7M | 4% |
| Other Revenues | $44.8M | 2% |
