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罗技（LOGI）与PPL Corporation（PPL）财务数据对比。点击上方公司名可切换其他公司
PPL Corporation的季度营收约是罗技的1.7倍（$2.3B vs $1.4B），罗技净利率更高（17.7% vs 11.3%，领先6.3%），PPL Corporation同比增速更快（7.2% vs 6.1%），罗技自由现金流更多（$465.6M vs $-614.0M），过去两年罗技的营收复合增速更高（18.5% vs 1.0%）
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。
PPL公司是总部位于美国宾夕法尼亚州的能源公用事业控股企业，为宾州、肯塔基州、罗德岛州约350万居民及工商业用户提供电力与天然气供应服务，核心业务方向包括电网现代化升级、清洁能源转型、高可靠性可持续能源服务供给。
LOGI vs PPL — 直观对比
营收规模更大
PPL
是对方的1.7倍
$1.4B
营收增速更快
PPL
高出1.2%
6.1%
净利率更高
LOGI
高出6.3%
11.3%
自由现金流更多
LOGI
多$1.1B
$-614.0M
两年增速更快
LOGI
近两年复合增速
1.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.3B |
| 净利润 | $251.0M | $266.0M |
| 毛利率 | 43.2% | — |
| 营业利润率 | 20.1% | 20.3% |
| 净利率 | 17.7% | 11.3% |
| 营收同比 | 6.1% | 7.2% |
| 净利润同比 | 25.4% | 50.3% |
| 每股收益（稀释后） | $1.69 | $0.35 |
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LOGIPPL
| Q4 25 | $1.4B | $2.3B | ||
| Q3 25 | $1.2B | $2.2B | ||
| Q2 25 | $1.1B | $2.0B | ||
| Q1 25 | $1.0B | $2.5B | ||
| Q4 24 | $1.3B | $2.2B | ||
| Q3 24 | $1.1B | $2.1B | ||
| Q2 24 | $1.1B | $1.9B | ||
| Q1 24 | $1.0B | $2.3B |
净利润LOGIPPL
| Q4 25 | $251.0M | $266.0M | ||
| Q3 25 | $170.7M | $318.0M | ||
| Q2 25 | $146.0M | $183.0M | ||
| Q1 25 | $144.1M | $414.0M | ||
| Q4 24 | $200.1M | $177.0M | ||
| Q3 24 | $145.5M | $214.0M | ||
| Q2 24 | $141.8M | $190.0M | ||
| Q1 24 | $167.6M | $307.0M |
毛利率LOGIPPL
| 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LOGIPPL
| Q4 25 | 20.1% | 20.3% | ||
| Q3 25 | 16.1% | 25.4% | ||
| Q2 25 | 14.1% | 19.9% | ||
| Q1 25 | 10.5% | 26.6% | ||
| Q4 24 | 17.5% | 17.2% | ||
| Q3 24 | 14.4% | 20.6% | ||
| Q2 24 | 14.1% | 20.8% | ||
| Q1 24 | 12.9% | 23.7% |
净利率LOGIPPL
| Q4 25 | 17.7% | 11.3% | ||
| Q3 25 | 14.4% | 14.2% | ||
| Q2 25 | 12.7% | 9.0% | ||
| Q1 25 | 14.3% | 16.3% | ||
| Q4 24 | 14.9% | 8.1% | ||
| Q3 24 | 13.0% | 10.3% | ||
| Q2 24 | 13.0% | 10.1% | ||
| Q1 24 | 16.6% | 13.3% |
每股收益（稀释后）LOGIPPL
| Q4 25 | $1.69 | $0.35 | ||
| Q3 25 | $1.15 | $0.43 | ||
| Q2 25 | $0.98 | $0.25 | ||
| Q1 25 | $0.94 | $0.56 | ||
| Q4 24 | $1.32 | $0.23 | ||
| Q3 24 | $0.95 | $0.29 | ||
| Q2 24 | $0.92 | $0.26 | ||
| Q1 24 | $1.07 | $0.42 |
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 | $1.1B |
| 总债务越低越好 | — | $18.9B |
| 股东权益账面价值 | $2.3B | $14.9B |
| 总资产 | $4.1B | $45.2B |
| 负债/权益比越低杠杆越低 | — | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资LOGIPPL
| Q4 25 | $1.8B | $1.1B | ||
| Q3 25 | $1.4B | $1.1B | ||
| Q2 25 | $1.5B | $294.0M | ||
| Q1 25 | $1.5B | $312.0M | ||
| Q4 24 | $1.5B | $306.0M | ||
| Q3 24 | $1.4B | $542.0M | ||
| Q2 24 | $1.5B | $282.0M | ||
| Q1 24 | $1.5B | $276.0M |
总债务LOGIPPL
| Q4 25 | — | $18.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $16.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益LOGIPPL
| Q4 25 | $2.3B | $14.9B | ||
| Q3 25 | $2.1B | $14.4B | ||
| Q2 25 | $2.2B | $14.3B | ||
| Q1 25 | $2.1B | $14.3B | ||
| Q4 24 | $2.1B | $14.1B | ||
| Q3 24 | $2.1B | $14.1B | ||
| Q2 24 | $2.2B | $14.1B | ||
| Q1 24 | $2.2B | $14.1B |
总资产LOGIPPL
| Q4 25 | $4.1B | $45.2B | ||
| Q3 25 | $3.7B | $43.9B | ||
| Q2 25 | $3.7B | $42.4B | ||
| Q1 25 | $3.5B | $41.8B | ||
| Q4 24 | $3.7B | $41.1B | ||
| Q3 24 | $3.6B | $40.5B | ||
| Q2 24 | $3.7B | $39.8B | ||
| Q1 24 | $3.6B | $39.6B |
负债/权益比LOGIPPL
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $548.0M |
| 自由现金流经营现金流 - 资本支出 | $465.6M | $-614.0M |
| 自由现金流率自由现金流/营收 | 32.8% | -26.1% |
| 资本支出强度资本支出/营收 | 1.0% | 49.5% |
| 现金转化率经营现金流/净利润 | 1.91× | 2.06× |
| 过去12个月自由现金流最近4个季度 | $903.6M | $-1.4B |
8季度趋势，按日历期对齐
经营现金流LOGIPPL
| Q4 25 | $480.5M | $548.0M | ||
| Q3 25 | $228.8M | $966.0M | ||
| Q2 25 | $125.0M | $602.0M | ||
| Q1 25 | $129.7M | $513.0M | ||
| Q4 24 | $370.9M | $511.0M | ||
| Q3 24 | $166.0M | $781.0M | ||
| Q2 24 | $176.0M | $766.0M | ||
| Q1 24 | $239.1M | $282.0M |
自由现金流LOGIPPL
| Q4 25 | $465.6M | $-614.0M | ||
| Q3 25 | $212.3M | $-179.0M | ||
| Q2 25 | $108.8M | $-328.0M | ||
| Q1 25 | $116.9M | $-280.0M | ||
| Q4 24 | $356.6M | $-349.0M | ||
| Q3 24 | $151.5M | $102.0M | ||
| Q2 24 | $161.4M | $96.0M | ||
| Q1 24 | $228.8M | $-314.0M |
自由现金流率LOGIPPL
| Q4 25 | 32.8% | -26.1% | ||
| Q3 25 | 17.9% | -8.0% | ||
| Q2 25 | 9.5% | -16.1% | ||
| Q1 25 | 11.6% | -11.0% | ||
| Q4 24 | 26.6% | -15.9% | ||
| Q3 24 | 13.6% | 4.9% | ||
| Q2 24 | 14.8% | 5.1% | ||
| Q1 24 | 22.6% | -13.6% |
资本支出强度LOGIPPL
| Q4 25 | 1.0% | 49.5% | ||
| Q3 25 | 1.4% | 51.2% | ||
| Q2 25 | 1.4% | 45.6% | ||
| Q1 25 | 1.3% | 31.2% | ||
| Q4 24 | 1.1% | 39.3% | ||
| Q3 24 | 1.3% | 32.7% | ||
| Q2 24 | 1.3% | 35.8% | ||
| Q1 24 | 1.0% | 25.9% |
现金转化率LOGIPPL
| Q4 25 | 1.91× | 2.06× | ||
| Q3 25 | 1.34× | 3.04× | ||
| Q2 25 | 0.86× | 3.29× | ||
| Q1 25 | 0.90× | 1.24× | ||
| Q4 24 | 1.85× | 2.89× | ||
| Q3 24 | 1.14× | 3.65× | ||
| Q2 24 | 1.24× | 4.03× | ||
| Q1 24 | 1.43× | 0.92× |
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% |
PPL
| Rhode Island Regulated | $539.0M | 23% |
| Other | $532.0M | 23% |
| Residential | $451.0M | 19% |
| Nonrelated Party | $425.0M | 18% |
| Transmission | $228.0M | 10% |
| Commercial | $117.0M | 5% |
| Wholesale Other | $23.0M | 1% |
| Industrial | $14.0M | 1% |
| Related Party | $13.0M | 1% |
| Wholesale Municipal | $6.0M | 0% |
