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LOUISIANA-PACIFIC CORP（LPX）与SSR MINING INC.（SSRM）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SSR MINING INC.的1.1倍（$566.0M vs $521.7M），SSR MINING INC.净利率更高（34.8% vs -1.4%，领先36.2%），SSR MINING INC.同比增速更快（61.4% vs -16.9%），SSR MINING INC.自由现金流更多（$106.4M vs $-8.0M），过去两年SSR MINING INC.的营收复合增速更高（50.5% 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。
SSR Mining Inc.（前身为白银标准资源公司）总部位于美国科罗拉多州丹佛，主营金、银、铜、铅、锌矿产开采，拥有阿根廷最大的银矿，同时在美洲全境及土耳其开展矿产勘探业务。2020年与阿拉瑟黄金合并后迁至丹佛，现任总裁兼首席执行官为罗德尼·P·安塔尔。
LPX vs SSRM — 直观对比
营收规模更大
LPX
是对方的1.1倍
$521.7M
营收增速更快
SSRM
高出78.3%
-16.9%
净利率更高
SSRM
高出36.2%
-1.4%
自由现金流更多
SSRM
多$114.4M
$-8.0M
两年增速更快
SSRM
近两年复合增速
-11.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $566.0M | $521.7M |
| 净利润 | $-8.0M | $181.5M |
| 毛利率 | 15.0% | — |
| 营业利润率 | -1.6% | 38.8% |
| 净利率 | -1.4% | 34.8% |
| 营收同比 | -16.9% | 61.4% |
| 净利润同比 | -112.9% | 3166.6% |
| 每股收益（稀释后） | $-0.12 | $0.84 |
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LPXSSRM
| Q4 25 | $566.0M | $521.7M | ||
| Q3 25 | $663.0M | $385.8M | ||
| Q2 25 | $755.0M | $405.5M | ||
| Q1 25 | $724.0M | $316.6M | ||
| Q4 24 | $681.0M | $323.2M | ||
| Q3 24 | $722.0M | $257.4M | ||
| Q2 24 | $814.0M | $184.8M | ||
| Q1 24 | $724.0M | $230.2M |
净利润LPXSSRM
| Q4 25 | $-8.0M | $181.5M | ||
| Q3 25 | $9.0M | $65.4M | ||
| Q2 25 | $54.0M | $90.1M | ||
| Q1 25 | $91.0M | $58.8M | ||
| Q4 24 | $62.0M | $5.6M | ||
| Q3 24 | $90.0M | $10.6M | ||
| Q2 24 | $160.0M | $9.7M | ||
| Q1 24 | $108.0M | $-287.1M |
毛利率LPXSSRM
| Q4 25 | 15.0% | — | ||
| Q3 25 | 19.5% | — | ||
| Q2 25 | 23.6% | — | ||
| Q1 25 | 27.2% | — | ||
| Q4 24 | 23.8% | — | ||
| Q3 24 | 26.7% | — | ||
| Q2 24 | 32.3% | — | ||
| Q1 24 | 29.6% | — |
营业利润率LPXSSRM
| Q4 25 | -1.6% | 38.8% | ||
| Q3 25 | 2.7% | 21.6% | ||
| Q2 25 | 10.6% | 26.9% | ||
| Q1 25 | 16.6% | 21.1% | ||
| Q4 24 | 11.0% | 10.6% | ||
| Q3 24 | 16.1% | 3.5% | ||
| Q2 24 | 23.8% | 5.8% | ||
| Q1 24 | 20.0% | -163.5% |
净利率LPXSSRM
| Q4 25 | -1.4% | 34.8% | ||
| Q3 25 | 1.4% | 17.0% | ||
| Q2 25 | 7.2% | 22.2% | ||
| Q1 25 | 12.6% | 18.6% | ||
| Q4 24 | 9.1% | 1.7% | ||
| Q3 24 | 12.5% | 4.1% | ||
| Q2 24 | 19.7% | 5.2% | ||
| Q1 24 | 14.9% | -124.7% |
每股收益（稀释后）LPXSSRM
| Q4 25 | $-0.12 | $0.84 | ||
| Q3 25 | $0.13 | $0.31 | ||
| Q2 25 | $0.77 | $0.42 | ||
| Q1 25 | $1.30 | $0.28 | ||
| Q4 24 | $0.90 | $0.03 | ||
| Q3 24 | $1.28 | $0.05 | ||
| Q2 24 | $2.23 | $0.05 | ||
| Q1 24 | $1.48 | $-1.42 |
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 | $575.6M |
| 总债务越低越好 | $348.0M | — |
| 股东权益账面价值 | $1.7B | $3.5B |
| 总资产 | $2.6B | $6.1B |
| 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LPXSSRM
| Q4 25 | $292.0M | $575.6M | ||
| Q3 25 | $316.0M | $445.4M | ||
| Q2 25 | $333.0M | $438.5M | ||
| Q1 25 | $256.0M | $341.3M | ||
| Q4 24 | $340.0M | $417.3M | ||
| Q3 24 | $346.0M | $365.8M | ||
| Q2 24 | $317.0M | $384.4M | ||
| Q1 24 | $244.0M | $492.0M |
总债务LPXSSRM
| Q4 25 | $348.0M | — | ||
| Q3 25 | $348.0M | — | ||
| Q2 25 | $348.0M | — | ||
| Q1 25 | $348.0M | — | ||
| Q4 24 | $348.0M | $228.6M | ||
| Q3 24 | $347.0M | $228.3M | ||
| Q2 24 | $347.0M | $228.0M | ||
| Q1 24 | $347.0M | $228.7M |
股东权益LPXSSRM
| Q4 25 | $1.7B | $3.5B | ||
| Q3 25 | $1.7B | $3.3B | ||
| Q2 25 | $1.7B | $3.3B | ||
| Q1 25 | $1.7B | $3.2B | ||
| Q4 24 | $1.7B | $3.1B | ||
| Q3 24 | $1.7B | $3.1B | ||
| Q2 24 | $1.7B | $3.1B | ||
| Q1 24 | $1.6B | $3.1B |
总资产LPXSSRM
| Q4 25 | $2.6B | $6.1B | ||
| Q3 25 | $2.6B | $5.9B | ||
| Q2 25 | $2.7B | $5.8B | ||
| Q1 25 | $2.6B | $5.6B | ||
| Q4 24 | $2.6B | $5.2B | ||
| Q3 24 | $2.6B | $5.1B | ||
| Q2 24 | $2.5B | $5.2B | ||
| Q1 24 | $2.5B | $5.3B |
负债/权益比LPXSSRM
| Q4 25 | 0.20× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.20× | — | ||
| Q1 25 | 0.21× | — | ||
| Q4 24 | 0.21× | 0.07× | ||
| Q3 24 | 0.21× | 0.07× | ||
| Q2 24 | 0.21× | 0.07× | ||
| Q1 24 | 0.21× | 0.07× |
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 | $172.1M |
| 自由现金流经营现金流 - 资本支出 | $-8.0M | $106.4M |
| 自由现金流率自由现金流/营收 | -1.4% | 20.4% |
| 资本支出强度资本支出/营收 | 13.3% | 12.6% |
| 现金转化率经营现金流/净利润 | — | 0.95× |
| 过去12个月自由现金流最近4个季度 | $91.0M | $241.6M |
8季度趋势，按日历期对齐
经营现金流LPXSSRM
| Q4 25 | $67.0M | $172.1M | ||
| Q3 25 | $89.0M | $57.2M | ||
| Q2 25 | $162.0M | $157.8M | ||
| Q1 25 | $64.0M | $84.8M | ||
| Q4 24 | $105.0M | $95.0M | ||
| Q3 24 | $183.0M | $-1.3M | ||
| Q2 24 | $212.0M | $-78.1M | ||
| Q1 24 | $105.0M | $24.6M |
自由现金流LPXSSRM
| Q4 25 | $-8.0M | $106.4M | ||
| Q3 25 | $5.0M | $-2.4M | ||
| Q2 25 | $94.0M | $98.4M | ||
| Q1 25 | $0 | $39.3M | ||
| Q4 24 | $43.0M | $56.4M | ||
| Q3 24 | $139.0M | $-34.1M | ||
| Q2 24 | $176.0M | $-116.3M | ||
| Q1 24 | $64.0M | $-9.4M |
自由现金流率LPXSSRM
| Q4 25 | -1.4% | 20.4% | ||
| Q3 25 | 0.8% | -0.6% | ||
| Q2 25 | 12.5% | 24.3% | ||
| Q1 25 | 0.0% | 12.4% | ||
| Q4 24 | 6.3% | 17.5% | ||
| Q3 24 | 19.3% | -13.2% | ||
| Q2 24 | 21.6% | -62.9% | ||
| Q1 24 | 8.8% | -4.1% |
资本支出强度LPXSSRM
| Q4 25 | 13.3% | 12.6% | ||
| Q3 25 | 12.7% | 15.4% | ||
| Q2 25 | 9.0% | 14.7% | ||
| Q1 25 | 8.8% | 14.4% | ||
| Q4 24 | 9.1% | 11.9% | ||
| Q3 24 | 6.1% | 12.7% | ||
| Q2 24 | 4.4% | 20.7% | ||
| Q1 24 | 5.7% | 14.8% |
现金转化率LPXSSRM
| Q4 25 | — | 0.95× | ||
| Q3 25 | 9.89× | 0.87× | ||
| Q2 25 | 3.00× | 1.75× | ||
| Q1 25 | 0.70× | 1.44× | ||
| Q4 24 | 1.69× | 17.10× | ||
| Q3 24 | 2.03× | -0.13× | ||
| Q2 24 | 1.32× | -8.06× | ||
| 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% |
SSRM
| Gold | $369.3M | 71% |
| Concentrate Sales | $124.4M | 24% |
| Other | $19.1M | 4% |
| Lead | $9.0M | 2% |
