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罗技（LOGI）与先锋自然资源公司（PR）财务数据对比。点击上方公司名可切换其他公司
罗技的季度营收约是先锋自然资源公司的1.2倍（$1.4B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs 17.7%，领先11.4%），罗技同比增速更快（6.1% vs -9.8%），过去两年罗技的营收复合增速更高（18.5% vs -3.0%）
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。
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
LOGI vs PR — 直观对比
营收规模更大
LOGI
是对方的1.2倍
$1.2B
营收增速更快
LOGI
高出15.8%
-9.8%
净利率更高
PR
高出11.4%
17.7%
两年增速更快
LOGI
近两年复合增速
-3.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.2B |
| 净利润 | $251.0M | $339.5M |
| 毛利率 | 43.2% | — |
| 营业利润率 | 20.1% | 23.1% |
| 净利率 | 17.7% | 29.0% |
| 营收同比 | 6.1% | -9.8% |
| 净利润同比 | 25.4% | 56.7% |
| 每股收益（稀释后） | $1.69 | $0.48 |
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LOGIPR
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.1B | $1.2B | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $1.0B | $1.2B |
净利润LOGIPR
| Q4 25 | $251.0M | $339.5M | ||
| Q3 25 | $170.7M | $59.2M | ||
| Q2 25 | $146.0M | $207.1M | ||
| Q1 25 | $144.1M | $329.3M | ||
| Q4 24 | $200.1M | $216.7M | ||
| Q3 24 | $145.5M | $386.4M | ||
| Q2 24 | $141.8M | $235.1M | ||
| Q1 24 | $167.6M | $146.6M |
毛利率LOGIPR
| 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LOGIPR
| Q4 25 | 20.1% | 23.1% | ||
| Q3 25 | 16.1% | 29.6% | ||
| Q2 25 | 14.1% | 24.8% | ||
| Q1 25 | 10.5% | 36.6% | ||
| Q4 24 | 17.5% | 32.8% | ||
| Q3 24 | 14.4% | 32.5% | ||
| Q2 24 | 14.1% | 36.5% | ||
| Q1 24 | 12.9% | 37.7% |
净利率LOGIPR
| Q4 25 | 17.7% | 29.0% | ||
| Q3 25 | 14.4% | 4.5% | ||
| Q2 25 | 12.7% | 17.3% | ||
| Q1 25 | 14.3% | 23.9% | ||
| Q4 24 | 14.9% | 16.7% | ||
| Q3 24 | 13.0% | 31.8% | ||
| Q2 24 | 13.0% | 18.9% | ||
| Q1 24 | 16.6% | 11.8% |
每股收益（稀释后）LOGIPR
| Q4 25 | $1.69 | $0.48 | ||
| Q3 25 | $1.15 | $0.08 | ||
| Q2 25 | $0.98 | $0.28 | ||
| Q1 25 | $0.94 | $0.44 | ||
| Q4 24 | $1.32 | $0.31 | ||
| Q3 24 | $0.95 | $0.53 | ||
| Q2 24 | $0.92 | $0.36 | ||
| Q1 24 | $1.07 | $0.25 |
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 | $153.7M |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $2.3B | $10.3B |
| 总资产 | $4.1B | $17.9B |
| 负债/权益比越低杠杆越低 | — | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资LOGIPR
| Q4 25 | $1.8B | $153.7M | ||
| Q3 25 | $1.4B | $111.8M | ||
| Q2 25 | $1.5B | $451.0M | ||
| Q1 25 | $1.5B | $702.2M | ||
| Q4 24 | $1.5B | $479.3M | ||
| Q3 24 | $1.4B | $272.0M | ||
| Q2 24 | $1.5B | $47.8M | ||
| Q1 24 | $1.5B | $12.7M |
总债务LOGIPR
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.9B |
股东权益LOGIPR
| Q4 25 | $2.3B | $10.3B | ||
| Q3 25 | $2.1B | $10.0B | ||
| Q2 25 | $2.2B | $9.5B | ||
| Q1 25 | $2.1B | $9.4B | ||
| Q4 24 | $2.1B | $9.1B | ||
| Q3 24 | $2.1B | $9.0B | ||
| Q2 24 | $2.2B | $8.3B | ||
| Q1 24 | $2.2B | $7.0B |
总资产LOGIPR
| Q4 25 | $4.1B | $17.9B | ||
| Q3 25 | $3.7B | $17.3B | ||
| Q2 25 | $3.7B | $17.5B | ||
| Q1 25 | $3.5B | $17.1B | ||
| Q4 24 | $3.7B | $16.9B | ||
| Q3 24 | $3.6B | $16.6B | ||
| Q2 24 | $3.7B | $15.4B | ||
| Q1 24 | $3.6B | $15.1B |
负债/权益比LOGIPR
| Q4 25 | — | 0.34× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.46× | ||
| Q1 24 | — | 0.56× |
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 | $904.3M |
| 自由现金流经营现金流 - 资本支出 | $465.6M | — |
| 自由现金流率自由现金流/营收 | 32.8% | — |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | 1.91× | 2.66× |
| 过去12个月自由现金流最近4个季度 | $903.6M | — |
8季度趋势，按日历期对齐
经营现金流LOGIPR
| Q4 25 | $480.5M | $904.3M | ||
| Q3 25 | $228.8M | $766.5M | ||
| Q2 25 | $125.0M | $1.0B | ||
| Q1 25 | $129.7M | $898.0M | ||
| Q4 24 | $370.9M | $871.6M | ||
| Q3 24 | $166.0M | $954.4M | ||
| Q2 24 | $176.0M | $938.4M | ||
| Q1 24 | $239.1M | $647.6M |
自由现金流LOGIPR
| Q4 25 | $465.6M | — | ||
| Q3 25 | $212.3M | — | ||
| Q2 25 | $108.8M | — | ||
| Q1 25 | $116.9M | — | ||
| Q4 24 | $356.6M | — | ||
| Q3 24 | $151.5M | — | ||
| Q2 24 | $161.4M | — | ||
| Q1 24 | $228.8M | — |
自由现金流率LOGIPR
| Q4 25 | 32.8% | — | ||
| Q3 25 | 17.9% | — | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | 11.6% | — | ||
| Q4 24 | 26.6% | — | ||
| Q3 24 | 13.6% | — | ||
| Q2 24 | 14.8% | — | ||
| Q1 24 | 22.6% | — |
资本支出强度LOGIPR
| Q4 25 | 1.0% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | 1.0% | — |
现金转化率LOGIPR
| Q4 25 | 1.91× | 2.66× | ||
| Q3 25 | 1.34× | 12.94× | ||
| Q2 25 | 0.86× | 5.01× | ||
| Q1 25 | 0.90× | 2.73× | ||
| Q4 24 | 1.85× | 4.02× | ||
| Q3 24 | 1.14× | 2.47× | ||
| Q2 24 | 1.24× | 3.99× | ||
| Q1 24 | 1.43× | 4.42× |
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% |
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
