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LXP Industrial Trust（LXP）与UNIVERSAL DISPLAY CORP \PA\（OLED）财务数据对比。点击上方公司名可切换其他公司
UNIVERSAL DISPLAY CORP \PA\的季度营收约是LXP Industrial Trust的2.0倍（$172.9M vs $86.7M），UNIVERSAL DISPLAY CORP \PA\净利率更高（38.4% vs 33.2%，领先5.2%），UNIVERSAL DISPLAY CORP \PA\同比增速更快（6.6% vs -14.0%），过去两年UNIVERSAL DISPLAY CORP \PA\的营收复合增速更高（2.3% vs 0.3%）
LXP工业信托是一家公开上市的房地产投资信托，专注于持有、运营和投资美国核心市场的优质工业地产，主要涵盖配送中心、物流设施及轻型工业物业，服务电商、第三方物流、先进制造等领域租户，为投资者创造长期稳定收益。
Universal Display Corporation（股票代码OLED）是有机发光二极管（OLED）技术及材料的研发与生产企业，拥有深厚的技术积累，面向显示、照明两大领域提供相关配套服务，是全球OLED上游产业链的核心供应商之一。
LXP vs OLED — 直观对比
营收规模更大
OLED
是对方的2.0倍
$86.7M
营收增速更快
OLED
高出20.5%
-14.0%
净利率更高
OLED
高出5.2%
33.2%
两年增速更快
OLED
近两年复合增速
0.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $86.7M | $172.9M |
| 净利润 | $28.8M | $66.3M |
| 毛利率 | 81.5% | 76.1% |
| 营业利润率 | 34.6% | 38.9% |
| 净利率 | 33.2% | 38.4% |
| 营收同比 | -14.0% | 6.6% |
| 净利润同比 | — | 44.2% |
| 每股收益（稀释后） | — | $1.40 |
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LXPOLED
| Q4 25 | $86.7M | $172.9M | ||
| Q3 25 | $86.9M | $139.6M | ||
| Q2 25 | $87.7M | $171.8M | ||
| Q1 25 | $88.9M | $166.3M | ||
| Q4 24 | $100.9M | $162.3M | ||
| Q3 24 | $85.6M | $161.6M | ||
| Q2 24 | $85.8M | $158.5M | ||
| Q1 24 | $86.3M | $165.3M |
净利润LXPOLED
| Q4 25 | $28.8M | $66.3M | ||
| Q3 25 | $36.3M | $44.0M | ||
| Q2 25 | $29.1M | $67.3M | ||
| Q1 25 | $19.0M | $64.4M | ||
| Q4 24 | — | $46.0M | ||
| Q3 24 | $6.3M | $66.9M | ||
| Q2 24 | $5.4M | $52.3M | ||
| Q1 24 | $-269.0K | $56.9M |
毛利率LXPOLED
| Q4 25 | 81.5% | 76.1% | ||
| Q3 25 | 82.3% | 74.6% | ||
| Q2 25 | 81.9% | 77.2% | ||
| Q1 25 | 80.7% | 77.1% | ||
| Q4 24 | 85.3% | 77.0% | ||
| Q3 24 | 82.5% | 77.8% | ||
| Q2 24 | 82.0% | 75.8% | ||
| Q1 24 | 82.4% | 77.6% |
营业利润率LXPOLED
| Q4 25 | 34.6% | 38.9% | ||
| Q3 25 | 50.4% | 30.9% | ||
| Q2 25 | 33.7% | 39.9% | ||
| Q1 25 | 21.8% | 41.9% | ||
| Q4 24 | — | 32.3% | ||
| Q3 24 | 7.9% | 41.5% | ||
| Q2 24 | 6.9% | 35.6% | ||
| Q1 24 | 1.0% | 38.0% |
净利率LXPOLED
| Q4 25 | 33.2% | 38.4% | ||
| Q3 25 | 41.7% | 31.5% | ||
| Q2 25 | 33.2% | 39.2% | ||
| Q1 25 | 21.4% | 38.8% | ||
| Q4 24 | — | 28.4% | ||
| Q3 24 | 7.4% | 41.4% | ||
| Q2 24 | 6.3% | 33.0% | ||
| Q1 24 | -0.3% | 34.4% |
每股收益（稀释后）LXPOLED
| Q4 25 | — | $1.40 | ||
| Q3 25 | $0.12 | $0.92 | ||
| Q2 25 | $0.09 | $1.41 | ||
| Q1 25 | $0.06 | $1.35 | ||
| Q4 24 | — | $0.96 | ||
| Q3 24 | $0.02 | $1.40 | ||
| Q2 24 | $0.01 | $1.10 | ||
| Q1 24 | $-0.01 | $1.19 |
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 | $170.4M | $602.4M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $2.0B | $1.8B |
| 总资产 | $3.5B | $2.0B |
| 负债/权益比越低杠杆越低 | 0.66× | — |
8季度趋势，按日历期对齐
现金及短期投资LXPOLED
| Q4 25 | $170.4M | $602.4M | ||
| Q3 25 | $229.7M | $603.0M | ||
| Q2 25 | $71.0M | $525.2M | ||
| Q1 25 | $70.9M | $571.3M | ||
| Q4 24 | $101.8M | $492.7M | ||
| Q3 24 | $55.0M | $551.6M | ||
| Q2 24 | $48.7M | $530.5M | ||
| Q1 24 | $293.8M | $539.3M |
总债务LXPOLED
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益LXPOLED
| Q4 25 | $2.0B | $1.8B | ||
| Q3 25 | $2.1B | $1.7B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $2.1B | $1.7B | ||
| Q4 24 | $2.1B | $1.6B | ||
| Q3 24 | $2.1B | $1.6B | ||
| Q2 24 | $2.1B | $1.5B | ||
| Q1 24 | $2.2B | $1.5B |
总资产LXPOLED
| Q4 25 | $3.5B | $2.0B | ||
| Q3 25 | $3.7B | $1.9B | ||
| Q2 25 | $3.7B | $1.9B | ||
| Q1 25 | $3.8B | $1.9B | ||
| Q4 24 | $3.8B | $1.8B | ||
| Q3 24 | $3.9B | $1.8B | ||
| Q2 24 | $3.9B | $1.8B | ||
| Q1 24 | $4.2B | $1.7B |
负债/权益比LXPOLED
| Q4 25 | 0.66× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.73× | — | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $188.7M | $31.1M |
| 自由现金流经营现金流 - 资本支出 | — | $15.1M |
| 自由现金流率自由现金流/营收 | — | 8.7% |
| 资本支出强度资本支出/营收 | — | 9.3% |
| 现金转化率经营现金流/净利润 | 6.56× | 0.47× |
| 过去12个月自由现金流最近4个季度 | — | $154.4M |
8季度趋势，按日历期对齐
经营现金流LXPOLED
| Q4 25 | $188.7M | $31.1M | ||
| Q3 25 | $63.5M | $97.2M | ||
| Q2 25 | $44.3M | $51.9M | ||
| Q1 25 | $39.0M | $30.6M | ||
| Q4 24 | $211.2M | $34.7M | ||
| Q3 24 | $64.6M | $79.9M | ||
| Q2 24 | $38.5M | $67.0M | ||
| Q1 24 | $38.9M | $72.2M |
自由现金流LXPOLED
| Q4 25 | — | $15.1M | ||
| Q3 25 | — | $84.3M | ||
| Q2 25 | — | $37.5M | ||
| Q1 25 | — | $17.5M | ||
| Q4 24 | — | $22.0M | ||
| Q3 24 | — | $66.2M | ||
| Q2 24 | — | $57.9M | ||
| Q1 24 | — | $65.0M |
自由现金流率LXPOLED
| Q4 25 | — | 8.7% | ||
| Q3 25 | — | 60.4% | ||
| Q2 25 | — | 21.8% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 41.0% | ||
| Q2 24 | — | 36.5% | ||
| Q1 24 | — | 39.3% |
资本支出强度LXPOLED
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 8.4% | ||
| Q2 24 | — | 5.8% | ||
| Q1 24 | — | 4.4% |
现金转化率LXPOLED
| Q4 25 | 6.56× | 0.47× | ||
| Q3 25 | 1.75× | 2.21× | ||
| Q2 25 | 1.52× | 0.77× | ||
| Q1 25 | 2.05× | 0.47× | ||
| Q4 24 | — | 0.75× | ||
| Q3 24 | 10.18× | 1.19× | ||
| Q2 24 | 7.09× | 1.28× | ||
| Q1 24 | — | 1.27× |
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
LXP
暂无分部数据
OLED
| Material Sales | $95.5M | 55% |
| Other | $72.6M | 42% |
| Contract Research Services | $4.8M | 3% |
