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LOUISIANA-PACIFIC CORP（LPX）与STARWOOD PROPERTY TRUST, INC.（STWD）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STARWOOD PROPERTY TRUST, INC.的1.1倍（$566.0M vs $492.9M），STARWOOD PROPERTY TRUST, INC.净利率更高（19.7% vs -1.4%，领先21.1%），STARWOOD PROPERTY TRUST, INC.同比增速更快（8.5% vs -16.9%），过去两年STARWOOD PROPERTY TRUST, INC.的营收复合增速更高（-2.9% 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。
喜达屋酒店及度假村国际集团是全球规模最大的酒店企业之一，业务涵盖酒店、度假村、水疗中心、住宅及度假产权物业的持有、运营、特许经营与管理。集团前身为1969年成立的房地产投资信托基金，1995年完成收购重组，旗下共11个品牌，管理及特许经营的物业共计1297处。
LPX vs STWD — 直观对比
营收规模更大
LPX
是对方的1.1倍
$492.9M
营收增速更快
STWD
高出25.4%
-16.9%
净利率更高
STWD
高出21.1%
-1.4%
两年增速更快
STWD
近两年复合增速
-11.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $566.0M | $492.9M |
| 净利润 | $-8.0M | $96.9M |
| 毛利率 | 15.0% | — |
| 营业利润率 | -1.6% | 26.6% |
| 净利率 | -1.4% | 19.7% |
| 营收同比 | -16.9% | 8.5% |
| 净利润同比 | -112.9% | 87.7% |
| 每股收益（稀释后） | $-0.12 | $0.25 |
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LPXSTWD
| Q4 25 | $566.0M | $492.9M | ||
| Q3 25 | $663.0M | $488.9M | ||
| Q2 25 | $755.0M | $444.3M | ||
| Q1 25 | $724.0M | $418.2M | ||
| Q4 24 | $681.0M | $454.4M | ||
| Q3 24 | $722.0M | $479.5M | ||
| Q2 24 | $814.0M | $489.8M | ||
| Q1 24 | $724.0M | $523.1M |
净利润LPXSTWD
| Q4 25 | $-8.0M | $96.9M | ||
| Q3 25 | $9.0M | $72.6M | ||
| Q2 25 | $54.0M | $129.8M | ||
| Q1 25 | $91.0M | $112.3M | ||
| Q4 24 | $62.0M | $51.6M | ||
| Q3 24 | $90.0M | $76.1M | ||
| Q2 24 | $160.0M | $77.9M | ||
| Q1 24 | $108.0M | $154.3M |
毛利率LPXSTWD
| 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LPXSTWD
| Q4 25 | -1.6% | 26.6% | ||
| Q3 25 | 2.7% | 19.1% | ||
| Q2 25 | 10.6% | 30.5% | ||
| Q1 25 | 16.6% | 28.7% | ||
| Q4 24 | 11.0% | 15.1% | ||
| Q3 24 | 16.1% | 17.2% | ||
| Q2 24 | 23.8% | 19.1% | ||
| Q1 24 | 20.0% | 30.8% |
净利率LPXSTWD
| Q4 25 | -1.4% | 19.7% | ||
| Q3 25 | 1.4% | 14.8% | ||
| Q2 25 | 7.2% | 29.2% | ||
| Q1 25 | 12.6% | 26.8% | ||
| Q4 24 | 9.1% | 11.4% | ||
| Q3 24 | 12.5% | 15.9% | ||
| Q2 24 | 19.7% | 15.9% | ||
| Q1 24 | 14.9% | 29.5% |
每股收益（稀释后）LPXSTWD
| Q4 25 | $-0.12 | $0.25 | ||
| Q3 25 | $0.13 | $0.19 | ||
| Q2 25 | $0.77 | $0.38 | ||
| Q1 25 | $1.30 | $0.33 | ||
| Q4 24 | $0.90 | $0.15 | ||
| Q3 24 | $1.28 | $0.23 | ||
| Q2 24 | $2.23 | $0.24 | ||
| Q1 24 | $1.48 | $0.48 |
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 | $499.5M |
| 总债务越低越好 | $348.0M | — |
| 股东权益账面价值 | $1.7B | $6.8B |
| 总资产 | $2.6B | $63.2B |
| 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LPXSTWD
| Q4 25 | $292.0M | $499.5M | ||
| Q3 25 | $316.0M | $301.1M | ||
| Q2 25 | $333.0M | $259.9M | ||
| Q1 25 | $256.0M | $440.6M | ||
| Q4 24 | $340.0M | $377.8M | ||
| Q3 24 | $346.0M | $357.9M | ||
| Q2 24 | $317.0M | $259.3M | ||
| Q1 24 | $244.0M | $327.4M |
总债务LPXSTWD
| 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LPXSTWD
| Q4 25 | $1.7B | $6.8B | ||
| Q3 25 | $1.7B | $6.9B | ||
| Q2 25 | $1.7B | $6.4B | ||
| Q1 25 | $1.7B | $6.4B | ||
| Q4 24 | $1.7B | $6.4B | ||
| Q3 24 | $1.7B | $6.5B | ||
| Q2 24 | $1.7B | $6.2B | ||
| Q1 24 | $1.6B | $6.3B |
总资产LPXSTWD
| Q4 25 | $2.6B | $63.2B | ||
| Q3 25 | $2.6B | $62.4B | ||
| Q2 25 | $2.7B | $62.4B | ||
| Q1 25 | $2.6B | $62.2B | ||
| Q4 24 | $2.6B | $62.6B | ||
| Q3 24 | $2.6B | $64.2B | ||
| Q2 24 | $2.5B | $64.1B | ||
| Q1 24 | $2.5B | $66.2B |
负债/权益比LPXSTWD
| 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 | $488.8M |
| 自由现金流经营现金流 - 资本支出 | $-8.0M | — |
| 自由现金流率自由现金流/营收 | -1.4% | — |
| 资本支出强度资本支出/营收 | 13.3% | — |
| 现金转化率经营现金流/净利润 | — | 5.04× |
| 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LPXSTWD
| Q4 25 | $67.0M | $488.8M | ||
| Q3 25 | $89.0M | $337.6M | ||
| Q2 25 | $162.0M | $-87.4M | ||
| Q1 25 | $64.0M | $238.9M | ||
| Q4 24 | $105.0M | $295.6M | ||
| Q3 24 | $183.0M | $241.8M | ||
| Q2 24 | $212.0M | $53.3M | ||
| Q1 24 | $105.0M | $55.9M |
自由现金流LPXSTWD
| Q4 25 | $-8.0M | — | ||
| Q3 25 | $5.0M | — | ||
| Q2 25 | $94.0M | — | ||
| Q1 25 | $0 | — | ||
| Q4 24 | $43.0M | — | ||
| Q3 24 | $139.0M | — | ||
| Q2 24 | $176.0M | — | ||
| Q1 24 | $64.0M | — |
自由现金流率LPXSTWD
| Q4 25 | -1.4% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 12.5% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 6.3% | — | ||
| Q3 24 | 19.3% | — | ||
| Q2 24 | 21.6% | — | ||
| Q1 24 | 8.8% | — |
资本支出强度LPXSTWD
| Q4 25 | 13.3% | — | ||
| Q3 25 | 12.7% | — | ||
| Q2 25 | 9.0% | — | ||
| Q1 25 | 8.8% | — | ||
| Q4 24 | 9.1% | — | ||
| Q3 24 | 6.1% | — | ||
| Q2 24 | 4.4% | — | ||
| Q1 24 | 5.7% | — |
现金转化率LPXSTWD
| Q4 25 | — | 5.04× | ||
| Q3 25 | 9.89× | 4.65× | ||
| Q2 25 | 3.00× | -0.67× | ||
| Q1 25 | 0.70× | 2.13× | ||
| Q4 24 | 1.69× | 5.72× | ||
| Q3 24 | 2.03× | 3.18× | ||
| Q2 24 | 1.32× | 0.68× | ||
| Q1 24 | 0.97× | 0.36× |
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% |
STWD
| Commercial And Residential Lending Segment | $335.2M | 68% |
| Infrastructure Lending Segment | $70.3M | 14% |
| Property Segment | $57.8M | 12% |
| Other | $29.7M | 6% |
