vs
Lumen Technologies, Inc.（LUMN）与Tractor Supply（TSCO）财务数据对比。点击上方公司名可切换其他公司
Tractor Supply的季度营收约是Lumen Technologies, Inc.的1.3倍（$3.6B vs $2.7B），Tractor Supply净利率更高（4.6% vs -0.1%，领先4.7%），Tractor Supply同比增速更快（100.0% vs -11.0%），过去两年Lumen Technologies, Inc.的营收复合增速更高（-5.3% vs -8.0%）
Lumen Technologies是总部位于美国路易斯安那州门罗市的电信企业，依托自有光纤、铜线网络、数据中心及云计算资源，为客户提供网络、安全、云、语音及各类托管通信服务，2023年3月起纳入标普600指数，此前曾为标普500指数成分股。
Tractor Supply Company成立于1938年，是美国连锁零售企业，主营家居装修、农业、园艺养护、牲畜、马术及宠物护理相关设备与用品，客群覆盖农民、牧场主、宠物主及土地所有者。截至2024年共开设2250家门店，总部位于田纳西州布伦特伍德，为纳斯达克上市的财富500强企业。
LUMN vs TSCO — 直观对比
营收规模更大
TSCO
是对方的1.3倍
$2.7B
营收增速更快
TSCO
高出111.0%
-11.0%
净利率更高
TSCO
高出4.7%
-0.1%
两年增速更快
LUMN
近两年复合增速
-8.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $3.6B |
| 净利润 | $-2.0M | $164.5M |
| 毛利率 | 40.7% | 36.2% |
| 营业利润率 | -7.3% | 6.5% |
| 净利率 | -0.1% | 4.6% |
| 营收同比 | -11.0% | 100.0% |
| 净利润同比 | -102.4% | 4.6% |
| 每股收益（稀释后） | $-0.01 | $0.31 |
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LUMNTSCO
| Q1 26 | — | $3.6B | ||
| Q4 25 | $2.7B | $3.9B | ||
| Q3 25 | $2.8B | $3.7B | ||
| Q2 25 | $2.9B | $4.4B | ||
| Q1 25 | $2.9B | $3.5B | ||
| Q4 24 | $3.1B | $3.8B | ||
| Q3 24 | $3.0B | $3.5B | ||
| Q2 24 | $3.0B | $4.2B |
净利润LUMNTSCO
| Q1 26 | — | $164.5M | ||
| Q4 25 | $-2.0M | $227.4M | ||
| Q3 25 | $-621.0M | $259.3M | ||
| Q2 25 | $-915.0M | $430.0M | ||
| Q1 25 | $-201.0M | $179.4M | ||
| Q4 24 | $85.0M | $236.4M | ||
| Q3 24 | $-148.0M | $241.5M | ||
| Q2 24 | $-49.0M | $425.2M |
毛利率LUMNTSCO
| Q1 26 | — | 36.2% | ||
| Q4 25 | 40.7% | 35.1% | ||
| Q3 25 | 39.4% | 37.4% | ||
| Q2 25 | 43.4% | 36.9% | ||
| Q1 25 | 42.0% | 36.2% | ||
| Q4 24 | 44.7% | 35.2% | ||
| Q3 24 | 43.0% | 37.2% | ||
| Q2 24 | 45.2% | 36.6% |
营业利润率LUMNTSCO
| Q1 26 | — | 6.5% | ||
| Q4 25 | -7.3% | 7.6% | ||
| Q3 25 | -4.1% | 9.2% | ||
| Q2 25 | -21.0% | 13.0% | ||
| Q1 25 | 3.7% | 7.2% | ||
| Q4 24 | 5.0% | 8.4% | ||
| Q3 24 | 4.2% | 9.4% | ||
| Q2 24 | 4.5% | 13.2% |
净利率LUMNTSCO
| Q1 26 | — | 4.6% | ||
| Q4 25 | -0.1% | 5.8% | ||
| Q3 25 | -22.1% | 7.0% | ||
| Q2 25 | -31.9% | 9.7% | ||
| Q1 25 | -6.9% | 5.2% | ||
| Q4 24 | 2.8% | 6.3% | ||
| Q3 24 | -5.0% | 7.0% | ||
| Q2 24 | -1.6% | 10.0% |
每股收益（稀释后）LUMNTSCO
| Q1 26 | — | $0.31 | ||
| Q4 25 | $-0.01 | $0.42 | ||
| Q3 25 | $-0.62 | $0.49 | ||
| Q2 25 | $-0.92 | $0.81 | ||
| Q1 25 | $-0.20 | $0.34 | ||
| Q4 24 | $0.08 | $-5.96 | ||
| Q3 24 | $-0.15 | $2.24 | ||
| Q2 24 | $-0.05 | $3.93 |
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 | $1.0B | $224.3M |
| 总债务越低越好 | $17.4B | $2.1B |
| 股东权益账面价值 | $-1.1B | $2.5B |
| 总资产 | $34.3B | $11.7B |
| 负债/权益比越低杠杆越低 | — | 0.85× |
8季度趋势，按日历期对齐
现金及短期投资LUMNTSCO
| Q1 26 | — | $224.3M | ||
| Q4 25 | $1.0B | $194.1M | ||
| Q3 25 | $2.4B | $184.6M | ||
| Q2 25 | $1.6B | $225.8M | ||
| Q1 25 | $1.9B | $231.7M | ||
| Q4 24 | $1.9B | $251.5M | ||
| Q3 24 | $2.6B | $186.3M | ||
| Q2 24 | $1.5B | $394.7M |
总债务LUMNTSCO
| Q1 26 | — | $2.1B | ||
| Q4 25 | $17.4B | $150.0M | ||
| Q3 25 | $17.6B | — | ||
| Q2 25 | $17.6B | — | ||
| Q1 25 | $17.3B | — | ||
| Q4 24 | $17.5B | $150.0M | ||
| Q3 24 | $18.1B | — | ||
| Q2 24 | $18.4B | — |
股东权益LUMNTSCO
| Q1 26 | — | $2.5B | ||
| Q4 25 | $-1.1B | $2.6B | ||
| Q3 25 | $-1.2B | $2.6B | ||
| Q2 25 | $-595.0M | $2.5B | ||
| Q1 25 | $289.0M | $2.2B | ||
| Q4 24 | $464.0M | $2.3B | ||
| Q3 24 | $342.0M | $2.3B | ||
| Q2 24 | $466.0M | $2.3B |
总资产LUMNTSCO
| Q1 26 | — | $11.7B | ||
| Q4 25 | $34.3B | $10.9B | ||
| Q3 25 | $34.3B | $10.9B | ||
| Q2 25 | $33.0B | $10.6B | ||
| Q1 25 | $33.5B | $10.4B | ||
| Q4 24 | $33.5B | $9.8B | ||
| Q3 24 | $34.0B | $9.8B | ||
| Q2 24 | $32.9B | $9.8B |
负债/权益比LUMNTSCO
| Q1 26 | — | 0.85× | ||
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 59.98× | — | ||
| Q4 24 | 37.70× | 0.07× | ||
| Q3 24 | 53.05× | — | ||
| Q2 24 | 39.51× | — |
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 | $562.0M | $91.1M |
| 自由现金流经营现金流 - 资本支出 | $-1.1B | — |
| 自由现金流率自由现金流/营收 | -39.4% | — |
| 资本支出强度资本支出/营收 | 59.9% | 5.6% |
| 现金转化率经营现金流/净利润 | — | 0.55× |
| 过去12个月自由现金流最近4个季度 | $371.0M | — |
8季度趋势，按日历期对齐
经营现金流LUMNTSCO
| Q1 26 | — | $91.1M | ||
| Q4 25 | $562.0M | $324.8M | ||
| Q3 25 | $2.5B | $307.9M | ||
| Q2 25 | $570.0M | $785.8M | ||
| Q1 25 | $1.1B | $216.8M | ||
| Q4 24 | $688.0M | $517.2M | ||
| Q3 24 | $2.0B | $86.3M | ||
| Q2 24 | $511.0M | $559.9M |
自由现金流LUMNTSCO
| Q1 26 | — | — | ||
| Q4 25 | $-1.1B | $59.3M | ||
| Q3 25 | $1.5B | $30.3M | ||
| Q2 25 | $-321.0M | $575.4M | ||
| Q1 25 | $304.0M | $75.5M | ||
| Q4 24 | $-227.0M | $271.2M | ||
| Q3 24 | $1.2B | $-101.9M | ||
| Q2 24 | $-242.0M | $367.3M |
自由现金流率LUMNTSCO
| Q1 26 | — | — | ||
| Q4 25 | -39.4% | 1.5% | ||
| Q3 25 | 52.4% | 0.8% | ||
| Q2 25 | -11.2% | 13.0% | ||
| Q1 25 | 10.4% | 2.2% | ||
| Q4 24 | -7.4% | 7.2% | ||
| Q3 24 | 39.8% | -2.9% | ||
| Q2 24 | -8.0% | 8.6% |
资本支出强度LUMNTSCO
| Q1 26 | — | 5.6% | ||
| Q4 25 | 59.9% | 6.8% | ||
| Q3 25 | 37.1% | 7.5% | ||
| Q2 25 | 31.1% | 4.7% | ||
| Q1 25 | 27.2% | 4.1% | ||
| Q4 24 | 29.7% | 6.5% | ||
| Q3 24 | 28.6% | 5.4% | ||
| Q2 24 | 25.0% | 4.5% |
现金转化率LUMNTSCO
| Q1 26 | — | 0.55× | ||
| Q4 25 | — | 1.43× | ||
| Q3 25 | — | 1.19× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | — | 1.21× | ||
| Q4 24 | 8.09× | 2.19× | ||
| Q3 24 | — | 0.36× | ||
| Q2 24 | — | 1.32× |
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
LUMN
| Large Enterprise | $758.0M | 28% |
| Wholesale | $661.0M | 24% |
| Mid Market Enterprise | $472.0M | 17% |
| Fiber Broadband | $232.0M | 8% |
| Other Broadband | $218.0M | 8% |
| Other | $184.0M | 7% |
| Voice And Other | $166.0M | 6% |
| International And Other | $77.0M | 3% |
TSCO
暂无分部数据
