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LOUISIANA-PACIFIC CORP（LPX）与Tyler Technologies（TYL）财务数据对比。点击上方公司名可切换其他公司
Tyler Technologies的季度营收约是LOUISIANA-PACIFIC CORP的1.1倍（$613.5M vs $566.0M），Tyler Technologies净利率更高（13.2% vs -1.4%，领先14.6%），Tyler Technologies同比增速更快（8.6% vs -16.9%），Tyler Technologies自由现金流更多（$2.0M vs $-8.0M），过去两年Tyler Technologies的营收复合增速更高（6.5% 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。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
LPX vs TYL — 直观对比
营收规模更大
TYL
是对方的1.1倍
$566.0M
营收增速更快
TYL
高出25.4%
-16.9%
净利率更高
TYL
高出14.6%
-1.4%
自由现金流更多
TYL
多$10.0M
$-8.0M
两年增速更快
TYL
近两年复合增速
-11.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $566.0M | $613.5M |
| 净利润 | $-8.0M | $81.2M |
| 毛利率 | 15.0% | 48.3% |
| 营业利润率 | -1.6% | 16.3% |
| 净利率 | -1.4% | 13.2% |
| 营收同比 | -16.9% | 8.6% |
| 净利润同比 | -112.9% | — |
| 每股收益（稀释后） | $-0.12 | $1.88 |
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LPXTYL
| Q1 26 | — | $613.5M | ||
| Q4 25 | $566.0M | $575.2M | ||
| Q3 25 | $663.0M | $595.9M | ||
| Q2 25 | $755.0M | $596.1M | ||
| Q1 25 | $724.0M | $565.2M | ||
| Q4 24 | $681.0M | $541.1M | ||
| Q3 24 | $722.0M | $543.3M | ||
| Q2 24 | $814.0M | $541.0M |
净利润LPXTYL
| Q1 26 | — | $81.2M | ||
| Q4 25 | $-8.0M | $65.5M | ||
| Q3 25 | $9.0M | $84.4M | ||
| Q2 25 | $54.0M | $84.6M | ||
| Q1 25 | $91.0M | $81.1M | ||
| Q4 24 | $62.0M | $65.2M | ||
| Q3 24 | $90.0M | $75.9M | ||
| Q2 24 | $160.0M | $67.7M |
毛利率LPXTYL
| Q1 26 | — | 48.3% | ||
| Q4 25 | 15.0% | 45.5% | ||
| Q3 25 | 19.5% | 47.2% | ||
| Q2 25 | 23.6% | 45.8% | ||
| Q1 25 | 27.2% | 47.3% | ||
| Q4 24 | 23.8% | 43.8% | ||
| Q3 24 | 26.7% | 43.7% | ||
| Q2 24 | 32.3% | 44.0% |
营业利润率LPXTYL
| Q1 26 | — | 16.3% | ||
| Q4 25 | -1.6% | 13.0% | ||
| Q3 25 | 2.7% | 16.4% | ||
| Q2 25 | 10.6% | 16.0% | ||
| Q1 25 | 16.6% | 15.8% | ||
| Q4 24 | 11.0% | 13.2% | ||
| Q3 24 | 16.1% | 15.2% | ||
| Q2 24 | 23.8% | 14.4% |
净利率LPXTYL
| Q1 26 | — | 13.2% | ||
| Q4 25 | -1.4% | 11.4% | ||
| Q3 25 | 1.4% | 14.2% | ||
| Q2 25 | 7.2% | 14.2% | ||
| Q1 25 | 12.6% | 14.3% | ||
| Q4 24 | 9.1% | 12.1% | ||
| Q3 24 | 12.5% | 14.0% | ||
| Q2 24 | 19.7% | 12.5% |
每股收益（稀释后）LPXTYL
| Q1 26 | — | $1.88 | ||
| Q4 25 | $-0.12 | $1.50 | ||
| Q3 25 | $0.13 | $1.93 | ||
| Q2 25 | $0.77 | $1.93 | ||
| Q1 25 | $1.30 | $1.84 | ||
| Q4 24 | $0.90 | $1.48 | ||
| Q3 24 | $1.28 | $1.74 | ||
| Q2 24 | $2.23 | $1.57 |
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 | $346.4M |
| 总债务越低越好 | $348.0M | — |
| 股东权益账面价值 | $1.7B | $3.6B |
| 总资产 | $2.6B | $4.8B |
| 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LPXTYL
| Q1 26 | — | $346.4M | ||
| Q4 25 | $292.0M | $1.1B | ||
| Q3 25 | $316.0M | $950.8M | ||
| Q2 25 | $333.0M | $892.3M | ||
| Q1 25 | $256.0M | $807.4M | ||
| Q4 24 | $340.0M | $768.0M | ||
| Q3 24 | $346.0M | $544.3M | ||
| Q2 24 | $317.0M | $258.0M |
总债务LPXTYL
| Q1 26 | — | — | ||
| Q4 25 | $348.0M | $599.7M | ||
| Q3 25 | $348.0M | $599.2M | ||
| Q2 25 | $348.0M | $598.8M | ||
| Q1 25 | $348.0M | $598.4M | ||
| Q4 24 | $348.0M | $597.9M | ||
| Q3 24 | $347.0M | $597.5M | ||
| Q2 24 | $347.0M | $597.1M |
股东权益LPXTYL
| Q1 26 | — | $3.6B | ||
| Q4 25 | $1.7B | $3.7B | ||
| Q3 25 | $1.7B | $3.6B | ||
| Q2 25 | $1.7B | $3.6B | ||
| Q1 25 | $1.7B | $3.5B | ||
| Q4 24 | $1.7B | $3.4B | ||
| Q3 24 | $1.7B | $3.3B | ||
| Q2 24 | $1.7B | $3.1B |
总资产LPXTYL
| Q1 26 | — | $4.8B | ||
| Q4 25 | $2.6B | $5.6B | ||
| Q3 25 | $2.6B | $5.5B | ||
| Q2 25 | $2.7B | $5.4B | ||
| Q1 25 | $2.6B | $5.2B | ||
| Q4 24 | $2.6B | $5.2B | ||
| Q3 24 | $2.6B | $5.0B | ||
| Q2 24 | $2.5B | $4.8B |
负债/权益比LPXTYL
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | 0.16× | ||
| Q3 25 | 0.20× | 0.17× | ||
| Q2 25 | 0.20× | 0.16× | ||
| Q1 25 | 0.21× | 0.17× | ||
| Q4 24 | 0.21× | 0.18× | ||
| Q3 24 | 0.21× | 0.18× | ||
| Q2 24 | 0.21× | 0.19× |
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 | $107.3M |
| 自由现金流经营现金流 - 资本支出 | $-8.0M | $2.0M |
| 自由现金流率自由现金流/营收 | -1.4% | 0.3% |
| 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 | — | 1.32× |
| 过去12个月自由现金流最近4个季度 | $91.0M | $585.7M |
8季度趋势，按日历期对齐
经营现金流LPXTYL
| Q1 26 | — | $107.3M | ||
| Q4 25 | $67.0M | $243.9M | ||
| Q3 25 | $89.0M | $255.2M | ||
| Q2 25 | $162.0M | $98.3M | ||
| Q1 25 | $64.0M | $56.2M | ||
| Q4 24 | $105.0M | $224.8M | ||
| Q3 24 | $183.0M | $263.7M | ||
| Q2 24 | $212.0M | $64.3M |
自由现金流LPXTYL
| Q1 26 | — | $2.0M | ||
| Q4 25 | $-8.0M | $239.6M | ||
| Q3 25 | $5.0M | $251.3M | ||
| Q2 25 | $94.0M | $92.8M | ||
| Q1 25 | $0 | $53.8M | ||
| Q4 24 | $43.0M | $221.0M | ||
| Q3 24 | $139.0M | $260.8M | ||
| Q2 24 | $176.0M | $57.7M |
自由现金流率LPXTYL
| Q1 26 | — | 0.3% | ||
| Q4 25 | -1.4% | 41.7% | ||
| Q3 25 | 0.8% | 42.2% | ||
| Q2 25 | 12.5% | 15.6% | ||
| Q1 25 | 0.0% | 9.5% | ||
| Q4 24 | 6.3% | 40.8% | ||
| Q3 24 | 19.3% | 48.0% | ||
| Q2 24 | 21.6% | 10.7% |
资本支出强度LPXTYL
| Q1 26 | — | — | ||
| Q4 25 | 13.3% | 0.8% | ||
| Q3 25 | 12.7% | 0.7% | ||
| Q2 25 | 9.0% | 0.9% | ||
| Q1 25 | 8.8% | 0.4% | ||
| Q4 24 | 9.1% | 0.7% | ||
| Q3 24 | 6.1% | 0.5% | ||
| Q2 24 | 4.4% | 1.2% |
现金转化率LPXTYL
| Q1 26 | — | 1.32× | ||
| Q4 25 | — | 3.72× | ||
| Q3 25 | 9.89× | 3.02× | ||
| Q2 25 | 3.00× | 1.16× | ||
| Q1 25 | 0.70× | 0.69× | ||
| Q4 24 | 1.69× | 3.45× | ||
| Q3 24 | 2.03× | 3.47× | ||
| Q2 24 | 1.32× | 0.95× |
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% |
TYL
| Subscriptions | $429.7M | 70% |
| Maintenance | $108.9M | 18% |
| Other | $74.9M | 12% |
