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罗技（LOGI）与Worthington Steel, Inc.（WS）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Worthington Steel, Inc.的1.6倍（$1.4B vs $871.9M），罗技净利率更高（17.7% vs 2.2%，领先15.5%），Worthington Steel, Inc.同比增速更快（18.0% vs 6.1%），罗技自由现金流更多（$465.6M vs $74.6M），过去两年罗技的营收复合增速更高（18.5% vs 3.9%）
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。
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
LOGI vs WS — 直观对比
营收规模更大
LOGI
是对方的1.6倍
$871.9M
营收增速更快
WS
高出11.9%
6.1%
净利率更高
LOGI
高出15.5%
2.2%
自由现金流更多
LOGI
多$391.0M
$74.6M
两年增速更快
LOGI
近两年复合增速
3.9%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $871.9M |
| 净利润 | $251.0M | $18.8M |
| 毛利率 | 43.2% | 10.7% |
| 营业利润率 | 20.1% | 2.5% |
| 净利率 | 17.7% | 2.2% |
| 营收同比 | 6.1% | 18.0% |
| 净利润同比 | 25.4% | 46.9% |
| 每股收益（稀释后） | $1.69 | $0.37 |
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LOGIWS
| Q4 25 | $1.4B | $871.9M | ||
| Q3 25 | $1.2B | $872.9M | ||
| Q2 25 | $1.1B | $832.9M | ||
| Q1 25 | $1.0B | $687.4M | ||
| Q4 24 | $1.3B | $739.0M | ||
| Q3 24 | $1.1B | $834.0M | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.0B | $805.8M |
净利润LOGIWS
| Q4 25 | $251.0M | $18.8M | ||
| Q3 25 | $170.7M | $36.8M | ||
| Q2 25 | $146.0M | $55.7M | ||
| Q1 25 | $144.1M | $13.8M | ||
| Q4 24 | $200.1M | $12.8M | ||
| Q3 24 | $145.5M | $28.4M | ||
| Q2 24 | $141.8M | — | ||
| Q1 24 | $167.6M | $49.0M |
毛利率LOGIWS
| Q4 25 | 43.2% | 10.7% | ||
| Q3 25 | 43.4% | 13.2% | ||
| Q2 25 | 41.7% | 15.2% | ||
| Q1 25 | 43.1% | 11.8% | ||
| Q4 24 | 42.9% | 10.8% | ||
| Q3 24 | 43.6% | 12.0% | ||
| Q2 24 | 42.8% | — | ||
| Q1 24 | 43.2% | 14.9% |
营业利润率LOGIWS
| Q4 25 | 20.1% | 2.5% | ||
| Q3 25 | 16.1% | 5.5% | ||
| Q2 25 | 14.1% | 8.0% | ||
| Q1 25 | 10.5% | 2.7% | ||
| Q4 24 | 17.5% | 2.6% | ||
| Q3 24 | 14.4% | 5.2% | ||
| Q2 24 | 14.1% | — | ||
| Q1 24 | 12.9% | 8.2% |
净利率LOGIWS
| Q4 25 | 17.7% | 2.2% | ||
| Q3 25 | 14.4% | 4.2% | ||
| Q2 25 | 12.7% | 6.7% | ||
| Q1 25 | 14.3% | 2.0% | ||
| Q4 24 | 14.9% | 1.7% | ||
| Q3 24 | 13.0% | 3.4% | ||
| Q2 24 | 13.0% | — | ||
| Q1 24 | 16.6% | 6.1% |
每股收益（稀释后）LOGIWS
| Q4 25 | $1.69 | $0.37 | ||
| Q3 25 | $1.15 | $0.72 | ||
| Q2 25 | $0.98 | $1.11 | ||
| Q1 25 | $0.94 | $0.27 | ||
| Q4 24 | $1.32 | $0.25 | ||
| Q3 24 | $0.95 | $0.56 | ||
| Q2 24 | $0.92 | — | ||
| Q1 24 | $1.07 | $0.98 |
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 | $89.8M |
| 总债务越低越好 | — | $72.1M |
| 股东权益账面价值 | $2.3B | $1.1B |
| 总资产 | $4.1B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资LOGIWS
| Q4 25 | $1.8B | $89.8M | ||
| Q3 25 | $1.4B | $78.3M | ||
| Q2 25 | $1.5B | $38.0M | ||
| Q1 25 | $1.5B | $63.3M | ||
| Q4 24 | $1.5B | $52.0M | ||
| Q3 24 | $1.4B | $36.0M | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | $60.8M |
总债务LOGIWS
| Q4 25 | — | $72.1M | ||
| Q3 25 | — | $73.4M | ||
| Q2 25 | — | $151.5M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $115.0M | ||
| Q3 24 | — | $122.2M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $147.2M |
股东权益LOGIWS
| Q4 25 | $2.3B | $1.1B | ||
| Q3 25 | $2.1B | $1.1B | ||
| Q2 25 | $2.2B | $1.1B | ||
| Q1 25 | $2.1B | $1.0B | ||
| Q4 24 | $2.1B | $1.0B | ||
| Q3 24 | $2.1B | $1.0B | ||
| Q2 24 | $2.2B | — | ||
| Q1 24 | $2.2B | $937.6M |
总资产LOGIWS
| Q4 25 | $4.1B | $2.1B | ||
| Q3 25 | $3.7B | $2.2B | ||
| Q2 25 | $3.7B | $2.0B | ||
| Q1 25 | $3.5B | $1.8B | ||
| Q4 24 | $3.7B | $1.7B | ||
| Q3 24 | $3.6B | $1.8B | ||
| Q2 24 | $3.7B | — | ||
| Q1 24 | $3.6B | $1.8B |
负债/权益比LOGIWS
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.14× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.16× |
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 | $99.3M |
| 自由现金流经营现金流 - 资本支出 | $465.6M | $74.6M |
| 自由现金流率自由现金流/营收 | 32.8% | 8.6% |
| 资本支出强度资本支出/营收 | 1.0% | 2.8% |
| 现金转化率经营现金流/净利润 | 1.91× | 5.28× |
| 过去12个月自由现金流最近4个季度 | $903.6M | $72.5M |
8季度趋势，按日历期对齐
经营现金流LOGIWS
| Q4 25 | $480.5M | $99.3M | ||
| Q3 25 | $228.8M | $-6.3M | ||
| Q2 25 | $125.0M | $53.9M | ||
| Q1 25 | $129.7M | $53.8M | ||
| Q4 24 | $370.9M | $68.0M | ||
| Q3 24 | $166.0M | $54.6M | ||
| Q2 24 | $176.0M | — | ||
| Q1 24 | $239.1M | $44.7M |
自由现金流LOGIWS
| Q4 25 | $465.6M | $74.6M | ||
| Q3 25 | $212.3M | $-35.7M | ||
| Q2 25 | $108.8M | $8.4M | ||
| Q1 25 | $116.9M | $25.2M | ||
| Q4 24 | $356.6M | $33.2M | ||
| Q3 24 | $151.5M | $33.1M | ||
| Q2 24 | $161.4M | — | ||
| Q1 24 | $228.8M | $22.3M |
自由现金流率LOGIWS
| Q4 25 | 32.8% | 8.6% | ||
| Q3 25 | 17.9% | -4.1% | ||
| Q2 25 | 9.5% | 1.0% | ||
| Q1 25 | 11.6% | 3.7% | ||
| Q4 24 | 26.6% | 4.5% | ||
| Q3 24 | 13.6% | 4.0% | ||
| Q2 24 | 14.8% | — | ||
| Q1 24 | 22.6% | 2.8% |
资本支出强度LOGIWS
| Q4 25 | 1.0% | 2.8% | ||
| Q3 25 | 1.4% | 3.4% | ||
| Q2 25 | 1.4% | 5.5% | ||
| Q1 25 | 1.3% | 4.2% | ||
| Q4 24 | 1.1% | 4.7% | ||
| Q3 24 | 1.3% | 2.6% | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | 1.0% | 2.8% |
现金转化率LOGIWS
| Q4 25 | 1.91× | 5.28× | ||
| Q3 25 | 1.34× | -0.17× | ||
| Q2 25 | 0.86× | 0.97× | ||
| Q1 25 | 0.90× | 3.90× | ||
| Q4 24 | 1.85× | 5.31× | ||
| Q3 24 | 1.14× | 1.92× | ||
| Q2 24 | 1.24× | — | ||
| Q1 24 | 1.43× | 0.91× |
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% |
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
