vs
LOUISIANA-PACIFIC CORP（LPX）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Reddit, Inc.的季度营收约是LOUISIANA-PACIFIC CORP的1.3倍（$725.6M vs $566.0M），Reddit, Inc.净利率更高（34.7% vs -1.4%，领先36.1%），Reddit, Inc.同比增速更快（69.7% vs -16.9%），Reddit, Inc.自由现金流更多（$263.6M vs $-8.0M），过去两年Reddit, Inc.的营收复合增速更高（72.8% 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。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
LPX vs RDDT — 直观对比
营收规模更大
RDDT
是对方的1.3倍
$566.0M
营收增速更快
RDDT
高出86.5%
-16.9%
净利率更高
RDDT
高出36.1%
-1.4%
自由现金流更多
RDDT
多$271.6M
$-8.0M
两年增速更快
RDDT
近两年复合增速
-11.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $566.0M | $725.6M |
| 净利润 | $-8.0M | $251.6M |
| 毛利率 | 15.0% | 91.9% |
| 营业利润率 | -1.6% | 31.9% |
| 净利率 | -1.4% | 34.7% |
| 营收同比 | -16.9% | 69.7% |
| 净利润同比 | -112.9% | 254.2% |
| 每股收益（稀释后） | $-0.12 | $1.24 |
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LPXRDDT
| Q4 25 | $566.0M | $725.6M | ||
| Q3 25 | $663.0M | $584.9M | ||
| Q2 25 | $755.0M | $499.6M | ||
| Q1 25 | $724.0M | $392.4M | ||
| Q4 24 | $681.0M | $427.7M | ||
| Q3 24 | $722.0M | $348.4M | ||
| Q2 24 | $814.0M | $281.2M | ||
| Q1 24 | $724.0M | $243.0M |
净利润LPXRDDT
| Q4 25 | $-8.0M | $251.6M | ||
| Q3 25 | $9.0M | $162.7M | ||
| Q2 25 | $54.0M | $89.3M | ||
| Q1 25 | $91.0M | $26.2M | ||
| Q4 24 | $62.0M | $71.0M | ||
| Q3 24 | $90.0M | $29.9M | ||
| Q2 24 | $160.0M | $-10.1M | ||
| Q1 24 | $108.0M | $-575.1M |
毛利率LPXRDDT
| Q4 25 | 15.0% | 91.9% | ||
| Q3 25 | 19.5% | 91.0% | ||
| Q2 25 | 23.6% | 90.8% | ||
| Q1 25 | 27.2% | 90.5% | ||
| Q4 24 | 23.8% | 92.6% | ||
| Q3 24 | 26.7% | 90.1% | ||
| Q2 24 | 32.3% | 89.5% | ||
| Q1 24 | 29.6% | 88.6% |
营业利润率LPXRDDT
| Q4 25 | -1.6% | 31.9% | ||
| Q3 25 | 2.7% | 23.7% | ||
| Q2 25 | 10.6% | 13.6% | ||
| Q1 25 | 16.6% | 1.0% | ||
| Q4 24 | 11.0% | 12.4% | ||
| Q3 24 | 16.1% | 2.0% | ||
| Q2 24 | 23.8% | -11.0% | ||
| Q1 24 | 20.0% | -242.5% |
净利率LPXRDDT
| Q4 25 | -1.4% | 34.7% | ||
| Q3 25 | 1.4% | 27.8% | ||
| Q2 25 | 7.2% | 17.9% | ||
| Q1 25 | 12.6% | 6.7% | ||
| Q4 24 | 9.1% | 16.6% | ||
| Q3 24 | 12.5% | 8.6% | ||
| Q2 24 | 19.7% | -3.6% | ||
| Q1 24 | 14.9% | -236.7% |
每股收益（稀释后）LPXRDDT
| Q4 25 | $-0.12 | $1.24 | ||
| Q3 25 | $0.13 | $0.80 | ||
| Q2 25 | $0.77 | $0.45 | ||
| Q1 25 | $1.30 | $0.13 | ||
| Q4 24 | $0.90 | $4.76 | ||
| Q3 24 | $1.28 | $0.16 | ||
| Q2 24 | $2.23 | $-0.06 | ||
| Q1 24 | $1.48 | $-8.19 |
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 | $953.6M |
| 总债务越低越好 | $348.0M | — |
| 股东权益账面价值 | $1.7B | $2.9B |
| 总资产 | $2.6B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.20× | — |
8季度趋势，按日历期对齐
现金及短期投资LPXRDDT
| Q4 25 | $292.0M | $953.6M | ||
| Q3 25 | $316.0M | $911.7M | ||
| Q2 25 | $333.0M | $734.1M | ||
| Q1 25 | $256.0M | $635.7M | ||
| Q4 24 | $340.0M | $562.1M | ||
| Q3 24 | $346.0M | $515.9M | ||
| Q2 24 | $317.0M | $468.0M | ||
| Q1 24 | $244.0M | $968.5M |
总债务LPXRDDT
| Q4 25 | $348.0M | — | ||
| Q3 25 | $348.0M | — | ||
| Q2 25 | $348.0M | — | ||
| Q1 25 | $348.0M | — | ||
| Q4 24 | $348.0M | — | ||
| Q3 24 | $347.0M | — | ||
| Q2 24 | $347.0M | — | ||
| Q1 24 | $347.0M | — |
股东权益LPXRDDT
| Q4 25 | $1.7B | $2.9B | ||
| Q3 25 | $1.7B | $2.6B | ||
| Q2 25 | $1.7B | $2.4B | ||
| Q1 25 | $1.7B | $2.2B | ||
| Q4 24 | $1.7B | $2.1B | ||
| Q3 24 | $1.7B | $2.0B | ||
| Q2 24 | $1.7B | $1.9B | ||
| Q1 24 | $1.6B | $1.8B |
总资产LPXRDDT
| Q4 25 | $2.6B | $3.2B | ||
| Q3 25 | $2.6B | $2.9B | ||
| Q2 25 | $2.7B | $2.6B | ||
| Q1 25 | $2.6B | $2.4B | ||
| Q4 24 | $2.6B | $2.3B | ||
| Q3 24 | $2.6B | $2.2B | ||
| Q2 24 | $2.5B | $2.1B | ||
| Q1 24 | $2.5B | $2.0B |
负债/权益比LPXRDDT
| Q4 25 | 0.20× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.20× | — | ||
| Q1 25 | 0.21× | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 0.21× | — | ||
| Q2 24 | 0.21× | — | ||
| Q1 24 | 0.21× | — |
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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $-8.0M | $263.6M |
| 自由现金流率自由现金流/营收 | -1.4% | 36.3% |
| 资本支出强度资本支出/营收 | 13.3% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.06× |
| 过去12个月自由现金流最近4个季度 | $91.0M | $684.2M |
8季度趋势，按日历期对齐
经营现金流LPXRDDT
| Q4 25 | $67.0M | $266.8M | ||
| Q3 25 | $89.0M | $185.2M | ||
| Q2 25 | $162.0M | $111.3M | ||
| Q1 25 | $64.0M | $127.6M | ||
| Q4 24 | $105.0M | $90.0M | ||
| Q3 24 | $183.0M | $71.6M | ||
| Q2 24 | $212.0M | $28.4M | ||
| Q1 24 | $105.0M | $32.1M |
自由现金流LPXRDDT
| Q4 25 | $-8.0M | $263.6M | ||
| Q3 25 | $5.0M | $183.1M | ||
| Q2 25 | $94.0M | $110.8M | ||
| Q1 25 | $0 | $126.6M | ||
| Q4 24 | $43.0M | $89.2M | ||
| Q3 24 | $139.0M | $70.3M | ||
| Q2 24 | $176.0M | $27.2M | ||
| Q1 24 | $64.0M | $29.2M |
自由现金流率LPXRDDT
| Q4 25 | -1.4% | 36.3% | ||
| Q3 25 | 0.8% | 31.3% | ||
| Q2 25 | 12.5% | 22.2% | ||
| Q1 25 | 0.0% | 32.3% | ||
| Q4 24 | 6.3% | 20.8% | ||
| Q3 24 | 19.3% | 20.2% | ||
| Q2 24 | 21.6% | 9.7% | ||
| Q1 24 | 8.8% | 12.0% |
资本支出强度LPXRDDT
| Q4 25 | 13.3% | 0.4% | ||
| Q3 25 | 12.7% | 0.4% | ||
| Q2 25 | 9.0% | 0.1% | ||
| Q1 25 | 8.8% | 0.2% | ||
| Q4 24 | 9.1% | 0.2% | ||
| Q3 24 | 6.1% | 0.4% | ||
| Q2 24 | 4.4% | 0.4% | ||
| Q1 24 | 5.7% | 1.2% |
现金转化率LPXRDDT
| Q4 25 | — | 1.06× | ||
| Q3 25 | 9.89× | 1.14× | ||
| Q2 25 | 3.00× | 1.25× | ||
| Q1 25 | 0.70× | 4.88× | ||
| Q4 24 | 1.69× | 1.27× | ||
| Q3 24 | 2.03× | 2.40× | ||
| Q2 24 | 1.32× | — | ||
| 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% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
