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LOUISIANA-PACIFIC CORP（LPX）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
LOUISIANA-PACIFIC CORP的季度营收约是RBC Bearings INC的1.2倍（$566.0M vs $461.6M），RBC Bearings INC净利率更高（14.6% vs -1.4%，领先16.0%），RBC Bearings INC同比增速更快（17.0% vs -16.9%），RBC Bearings INC自由现金流更多（$99.1M vs $-8.0M），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs -11.6%）
路易斯安那-太平洋公司（简称LP）是美国知名建材制造商，成立于1973年，是美国定向结构刨花板（OSB）生产的开创者，总部现位于田纳西州纳什维尔。作为全球最大的OSB生产商，公司还生产工程木建材产品，通过建材分销商、经销商及家居零售中心向建筑商和业主供货。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
LPX vs RBC — 直观对比
营收规模更大
LPX
是对方的1.2倍
$461.6M
营收增速更快
RBC
高出33.9%
-16.9%
净利率更高
RBC
高出16.0%
-1.4%
自由现金流更多
RBC
多$107.1M
$-8.0M
两年增速更快
RBC
近两年复合增速
-11.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $566.0M | $461.6M |
| 净利润 | $-8.0M | $67.4M |
| 毛利率 | 15.0% | 44.3% |
| 营业利润率 | -1.6% | 22.3% |
| 净利率 | -1.4% | 14.6% |
| 营收同比 | -16.9% | 17.0% |
| 净利润同比 | -112.9% | 16.4% |
| 每股收益（稀释后） | $-0.12 | $2.13 |
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LPXRBC
| Q4 25 | $566.0M | $461.6M | ||
| Q3 25 | $663.0M | $455.3M | ||
| Q2 25 | $755.0M | $436.0M | ||
| Q1 25 | $724.0M | $437.7M | ||
| Q4 24 | $681.0M | $394.4M | ||
| Q3 24 | $722.0M | $397.9M | ||
| Q2 24 | $814.0M | $406.3M | ||
| Q1 24 | $724.0M | $413.7M |
净利润LPXRBC
| Q4 25 | $-8.0M | $67.4M | ||
| Q3 25 | $9.0M | $60.0M | ||
| Q2 25 | $54.0M | $68.5M | ||
| Q1 25 | $91.0M | $72.7M | ||
| Q4 24 | $62.0M | $57.9M | ||
| Q3 24 | $90.0M | $54.2M | ||
| Q2 24 | $160.0M | $61.4M | ||
| Q1 24 | $108.0M | — |
毛利率LPXRBC
| Q4 25 | 15.0% | 44.3% | ||
| Q3 25 | 19.5% | 44.1% | ||
| Q2 25 | 23.6% | 44.8% | ||
| Q1 25 | 27.2% | 44.2% | ||
| Q4 24 | 23.8% | 44.3% | ||
| Q3 24 | 26.7% | 43.7% | ||
| Q2 24 | 32.3% | 45.3% | ||
| Q1 24 | 29.6% | 43.1% |
营业利润率LPXRBC
| Q4 25 | -1.6% | 22.3% | ||
| Q3 25 | 2.7% | 21.5% | ||
| Q2 25 | 10.6% | 23.2% | ||
| Q1 25 | 16.6% | 23.0% | ||
| Q4 24 | 11.0% | 21.7% | ||
| Q3 24 | 16.1% | 21.6% | ||
| Q2 24 | 23.8% | 24.0% | ||
| Q1 24 | 20.0% | 22.8% |
净利率LPXRBC
| Q4 25 | -1.4% | 14.6% | ||
| Q3 25 | 1.4% | 13.2% | ||
| Q2 25 | 7.2% | 15.7% | ||
| Q1 25 | 12.6% | 16.6% | ||
| Q4 24 | 9.1% | 14.7% | ||
| Q3 24 | 12.5% | 13.6% | ||
| Q2 24 | 19.7% | 15.1% | ||
| Q1 24 | 14.9% | — |
每股收益（稀释后）LPXRBC
| Q4 25 | $-0.12 | $2.13 | ||
| Q3 25 | $0.13 | $1.90 | ||
| Q2 25 | $0.77 | $2.17 | ||
| Q1 25 | $1.30 | $2.33 | ||
| Q4 24 | $0.90 | $1.82 | ||
| Q3 24 | $1.28 | $1.65 | ||
| Q2 24 | $2.23 | $1.90 | ||
| Q1 24 | $1.48 | $1.92 |
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 | $292.0M | $107.6M |
| 总债务越低越好 | $348.0M | $990.2M |
| 股东权益账面价值 | $1.7B | $3.3B |
| 总资产 | $2.6B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.20× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资LPXRBC
| Q4 25 | $292.0M | $107.6M | ||
| Q3 25 | $316.0M | $91.2M | ||
| Q2 25 | $333.0M | $132.9M | ||
| Q1 25 | $256.0M | $36.8M | ||
| Q4 24 | $340.0M | — | ||
| Q3 24 | $346.0M | — | ||
| Q2 24 | $317.0M | $76.8M | ||
| Q1 24 | $244.0M | $63.5M |
总债务LPXRBC
| Q4 25 | $348.0M | $990.2M | ||
| Q3 25 | $348.0M | $1.1B | ||
| Q2 25 | $348.0M | $915.6M | ||
| Q1 25 | $348.0M | $920.1M | ||
| Q4 24 | $348.0M | — | ||
| Q3 24 | $347.0M | — | ||
| Q2 24 | $347.0M | — | ||
| Q1 24 | $347.0M | $1.2B |
股东权益LPXRBC
| Q4 25 | $1.7B | $3.3B | ||
| Q3 25 | $1.7B | $3.2B | ||
| Q2 25 | $1.7B | $3.1B | ||
| Q1 25 | $1.7B | $3.0B | ||
| Q4 24 | $1.7B | $2.9B | ||
| Q3 24 | $1.7B | $2.9B | ||
| Q2 24 | $1.7B | $2.8B | ||
| Q1 24 | $1.6B | $2.8B |
总资产LPXRBC
| Q4 25 | $2.6B | $5.1B | ||
| Q3 25 | $2.6B | $5.1B | ||
| Q2 25 | $2.7B | $4.8B | ||
| Q1 25 | $2.6B | $4.7B | ||
| Q4 24 | $2.6B | $4.7B | ||
| Q3 24 | $2.6B | $4.7B | ||
| Q2 24 | $2.5B | $4.7B | ||
| Q1 24 | $2.5B | $4.7B |
负债/权益比LPXRBC
| Q4 25 | 0.20× | 0.30× | ||
| Q3 25 | 0.20× | 0.34× | ||
| Q2 25 | 0.20× | 0.29× | ||
| Q1 25 | 0.21× | 0.30× | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 0.21× | — | ||
| Q2 24 | 0.21× | — | ||
| Q1 24 | 0.21× | 0.43× |
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 | $67.0M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $-8.0M | $99.1M |
| 自由现金流率自由现金流/营收 | -1.4% | 21.5% |
| 资本支出强度资本支出/营收 | 13.3% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 过去12个月自由现金流最近4个季度 | $91.0M | — |
8季度趋势，按日历期对齐
经营现金流LPXRBC
| Q4 25 | $67.0M | $122.1M | ||
| Q3 25 | $89.0M | $88.4M | ||
| Q2 25 | $162.0M | $120.0M | ||
| Q1 25 | $64.0M | — | ||
| Q4 24 | $105.0M | $84.0M | ||
| Q3 24 | $183.0M | — | ||
| Q2 24 | $212.0M | $97.4M | ||
| Q1 24 | $105.0M | — |
自由现金流LPXRBC
| Q4 25 | $-8.0M | $99.1M | ||
| Q3 25 | $5.0M | $71.7M | ||
| Q2 25 | $94.0M | $104.3M | ||
| Q1 25 | $0 | — | ||
| Q4 24 | $43.0M | $73.6M | ||
| Q3 24 | $139.0M | — | ||
| Q2 24 | $176.0M | $88.4M | ||
| Q1 24 | $64.0M | — |
自由现金流率LPXRBC
| Q4 25 | -1.4% | 21.5% | ||
| Q3 25 | 0.8% | 15.7% | ||
| Q2 25 | 12.5% | 23.9% | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 6.3% | 18.7% | ||
| Q3 24 | 19.3% | — | ||
| Q2 24 | 21.6% | 21.8% | ||
| Q1 24 | 8.8% | — |
资本支出强度LPXRBC
| Q4 25 | 13.3% | 5.0% | ||
| Q3 25 | 12.7% | 3.7% | ||
| Q2 25 | 9.0% | 3.6% | ||
| Q1 25 | 8.8% | 3.2% | ||
| Q4 24 | 9.1% | 2.6% | ||
| Q3 24 | 6.1% | 4.1% | ||
| Q2 24 | 4.4% | 2.2% | ||
| Q1 24 | 5.7% | — |
现金转化率LPXRBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | 9.89× | 1.47× | ||
| Q2 25 | 3.00× | 1.75× | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 1.69× | 1.45× | ||
| Q3 24 | 2.03× | — | ||
| Q2 24 | 1.32× | 1.59× | ||
| Q1 24 | 0.97× | — |
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
LPX
| OS Bvalueadd | $472.0M | 83% |
| Other | $84.0M | 15% |
| Otherproducts | $10.0M | 2% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
