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LOUISIANA-PACIFIC CORP（LPX）与STANDARD MOTOR PRODUCTS, INC.（SMP）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STANDARD MOTOR PRODUCTS, INC.的1.5倍（$566.0M vs $385.1M），STANDARD MOTOR PRODUCTS, INC.净利率更高（2.0% vs -1.4%，领先3.5%），STANDARD MOTOR PRODUCTS, INC.同比增速更快（12.2% vs -16.9%），LOUISIANA-PACIFIC CORP自由现金流更多（$-8.0M vs $-37.6M），过去两年STANDARD MOTOR PRODUCTS, INC.的营收复合增速更高（7.8% 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。
标准汽车产品公司（SMP）是一家汽车零部件制造商与经销商，由埃利亚斯·法伊夫和拉尔夫·范艾伦于1919年合伙创立，1926年完成法人注册，总部位于纽约长岛市，在纽约证券交易所上市。公司目前设有车辆控制、温控、工程解决方案和尼森斯四大运营板块，为汽车售后市场供应相关零部件产品。
LPX vs SMP — 直观对比
营收规模更大
LPX
是对方的1.5倍
$385.1M
营收增速更快
SMP
高出29.0%
-16.9%
净利率更高
SMP
高出3.5%
-1.4%
自由现金流更多
LPX
多$29.6M
$-37.6M
两年增速更快
SMP
近两年复合增速
-11.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $566.0M | $385.1M |
| 净利润 | $-8.0M | $7.9M |
| 毛利率 | 15.0% | 31.7% |
| 营业利润率 | -1.6% | 5.6% |
| 净利率 | -1.4% | 2.0% |
| 营收同比 | -16.9% | 12.2% |
| 净利润同比 | -112.9% | 457.9% |
| 每股收益（稀释后） | $-0.12 | $0.34 |
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LPXSMP
| Q4 25 | $566.0M | $385.1M | ||
| Q3 25 | $663.0M | $498.8M | ||
| Q2 25 | $755.0M | $493.9M | ||
| Q1 25 | $724.0M | $413.4M | ||
| Q4 24 | $681.0M | $343.4M | ||
| Q3 24 | $722.0M | $399.3M | ||
| Q2 24 | $814.0M | $389.8M | ||
| Q1 24 | $724.0M | $331.4M |
净利润LPXSMP
| Q4 25 | $-8.0M | $7.9M | ||
| Q3 25 | $9.0M | $-4.3M | ||
| Q2 25 | $54.0M | $25.2M | ||
| Q1 25 | $91.0M | $12.6M | ||
| Q4 24 | $62.0M | $-2.2M | ||
| Q3 24 | $90.0M | $3.8M | ||
| Q2 24 | $160.0M | $17.1M | ||
| Q1 24 | $108.0M | $8.8M |
毛利率LPXSMP
| Q4 25 | 15.0% | 31.7% | ||
| Q3 25 | 19.5% | 32.4% | ||
| Q2 25 | 23.6% | 30.6% | ||
| Q1 25 | 27.2% | 30.2% | ||
| Q4 24 | 23.8% | 29.4% | ||
| Q3 24 | 26.7% | 30.4% | ||
| Q2 24 | 32.3% | 28.6% | ||
| Q1 24 | 29.6% | 27.0% |
营业利润率LPXSMP
| Q4 25 | -1.6% | 5.6% | ||
| Q3 25 | 2.7% | 9.5% | ||
| Q2 25 | 10.6% | 8.7% | ||
| Q1 25 | 16.6% | 5.9% | ||
| Q4 24 | 11.0% | 1.1% | ||
| Q3 24 | 16.1% | 9.3% | ||
| Q2 24 | 23.8% | 6.4% | ||
| Q1 24 | 20.0% | 4.4% |
净利率LPXSMP
| Q4 25 | -1.4% | 2.0% | ||
| Q3 25 | 1.4% | -0.9% | ||
| Q2 25 | 7.2% | 5.1% | ||
| Q1 25 | 12.6% | 3.0% | ||
| Q4 24 | 9.1% | -0.6% | ||
| Q3 24 | 12.5% | 1.0% | ||
| Q2 24 | 19.7% | 4.4% | ||
| Q1 24 | 14.9% | 2.7% |
每股收益（稀释后）LPXSMP
| Q4 25 | $-0.12 | $0.34 | ||
| Q3 25 | $0.13 | $-0.19 | ||
| Q2 25 | $0.77 | $1.13 | ||
| Q1 25 | $1.30 | $0.56 | ||
| Q4 24 | $0.90 | $-0.09 | ||
| Q3 24 | $1.28 | $0.17 | ||
| Q2 24 | $2.23 | $0.77 | ||
| Q1 24 | $1.48 | $0.39 |
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 | — |
| 总债务越低越好 | $348.0M | $618.7M |
| 股东权益账面价值 | $1.7B | $683.7M |
| 总资产 | $2.6B | $2.0B |
| 负债/权益比越低杠杆越低 | 0.20× | 0.90× |
8季度趋势，按日历期对齐
现金及短期投资LPXSMP
| Q4 25 | $292.0M | — | ||
| Q3 25 | $316.0M | $87.2M | ||
| Q2 25 | $333.0M | $58.8M | ||
| Q1 25 | $256.0M | $50.3M | ||
| Q4 24 | $340.0M | $44.4M | ||
| Q3 24 | $346.0M | $26.3M | ||
| Q2 24 | $317.0M | $26.2M | ||
| Q1 24 | $244.0M | $27.1M |
总债务LPXSMP
| Q4 25 | $348.0M | $618.7M | ||
| Q3 25 | $348.0M | $589.5M | ||
| Q2 25 | $348.0M | $636.6M | ||
| Q1 25 | $348.0M | $650.6M | ||
| Q4 24 | $348.0M | $562.3M | ||
| Q3 24 | $347.0M | $142.8M | ||
| Q2 24 | $347.0M | $208.2M | ||
| Q1 24 | $347.0M | $214.9M |
股东权益LPXSMP
| Q4 25 | $1.7B | $683.7M | ||
| Q3 25 | $1.7B | $677.4M | ||
| Q2 25 | $1.7B | $688.6M | ||
| Q1 25 | $1.7B | $638.0M | ||
| Q4 24 | $1.7B | $615.7M | ||
| Q3 24 | $1.7B | $638.8M | ||
| Q2 24 | $1.7B | $640.0M | ||
| Q1 24 | $1.6B | $639.1M |
总资产LPXSMP
| Q4 25 | $2.6B | $2.0B | ||
| Q3 25 | $2.6B | $2.0B | ||
| Q2 25 | $2.7B | $2.0B | ||
| Q1 25 | $2.6B | $1.9B | ||
| Q4 24 | $2.6B | $1.8B | ||
| Q3 24 | $2.6B | $1.4B | ||
| Q2 24 | $2.5B | $1.4B | ||
| Q1 24 | $2.5B | $1.4B |
负债/权益比LPXSMP
| Q4 25 | 0.20× | 0.90× | ||
| Q3 25 | 0.20× | 0.87× | ||
| Q2 25 | 0.20× | 0.92× | ||
| Q1 25 | 0.21× | 1.02× | ||
| Q4 24 | 0.21× | 0.91× | ||
| Q3 24 | 0.21× | 0.22× | ||
| Q2 24 | 0.21× | 0.33× | ||
| Q1 24 | 0.21× | 0.34× |
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 | $-28.2M |
| 自由现金流经营现金流 - 资本支出 | $-8.0M | $-37.6M |
| 自由现金流率自由现金流/营收 | -1.4% | -9.8% |
| 资本支出强度资本支出/营收 | 13.3% | 2.4% |
| 现金转化率经营现金流/净利润 | — | -3.59× |
| 过去12个月自由现金流最近4个季度 | $91.0M | $18.7M |
8季度趋势，按日历期对齐
经营现金流LPXSMP
| Q4 25 | $67.0M | $-28.2M | ||
| Q3 25 | $89.0M | $91.6M | ||
| Q2 25 | $162.0M | $54.3M | ||
| Q1 25 | $64.0M | $-60.2M | ||
| Q4 24 | $105.0M | $-1.5M | ||
| Q3 24 | $183.0M | $88.3M | ||
| Q2 24 | $212.0M | $35.6M | ||
| Q1 24 | $105.0M | $-45.7M |
自由现金流LPXSMP
| Q4 25 | $-8.0M | $-37.6M | ||
| Q3 25 | $5.0M | $81.5M | ||
| Q2 25 | $94.0M | $44.2M | ||
| Q1 25 | $0 | $-69.4M | ||
| Q4 24 | $43.0M | $-11.4M | ||
| Q3 24 | $139.0M | $77.1M | ||
| Q2 24 | $176.0M | $22.7M | ||
| Q1 24 | $64.0M | $-55.8M |
自由现金流率LPXSMP
| Q4 25 | -1.4% | -9.8% | ||
| Q3 25 | 0.8% | 16.3% | ||
| Q2 25 | 12.5% | 8.9% | ||
| Q1 25 | 0.0% | -16.8% | ||
| Q4 24 | 6.3% | -3.3% | ||
| Q3 24 | 19.3% | 19.3% | ||
| Q2 24 | 21.6% | 5.8% | ||
| Q1 24 | 8.8% | -16.8% |
资本支出强度LPXSMP
| Q4 25 | 13.3% | 2.4% | ||
| Q3 25 | 12.7% | 2.0% | ||
| Q2 25 | 9.0% | 2.1% | ||
| Q1 25 | 8.8% | 2.2% | ||
| Q4 24 | 9.1% | 2.9% | ||
| Q3 24 | 6.1% | 2.8% | ||
| Q2 24 | 4.4% | 3.3% | ||
| Q1 24 | 5.7% | 3.0% |
现金转化率LPXSMP
| Q4 25 | — | -3.59× | ||
| Q3 25 | 9.89× | — | ||
| Q2 25 | 3.00× | 2.15× | ||
| Q1 25 | 0.70× | -4.79× | ||
| Q4 24 | 1.69× | — | ||
| Q3 24 | 2.03× | 23.19× | ||
| Q2 24 | 1.32× | 2.09× | ||
| Q1 24 | 0.97× | -5.18× |
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% |
SMP
| Engineered Solutions | $66.1M | 17% |
| Electrical And Safety | $63.6M | 17% |
| Temperature Control | $61.5M | 16% |
| Europe Excluding Poland | $55.5M | 14% |
| Other Thermal Components | $30.7M | 8% |
| Air Conditioning | $22.7M | 6% |
| Commercial Vehicle | $19.7M | 5% |
| All Other | $18.9M | 5% |
| PL | $16.0M | 4% |
| Wire Sets And Other | $11.9M | 3% |
| Engine Efficiency | $10.0M | 3% |
| Construction Agriculture | $7.8M | 2% |
