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LXP Industrial Trust（LXP）与VEECO INSTRUMENTS INC（VECO）财务数据对比。点击上方公司名可切换其他公司
VEECO INSTRUMENTS INC的季度营收约是LXP Industrial Trust的1.9倍（$165.0M vs $86.7M），LXP Industrial Trust净利率更高（33.2% vs 0.7%，领先32.5%），VEECO INSTRUMENTS INC同比增速更快（-9.4% vs -14.0%），过去两年LXP Industrial Trust的营收复合增速更高（0.3% vs -2.8%）
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。
维易科仪器公司是全球领先的资本设备供应商，总部位于美国，专注于设计和制造半导体及化合物半导体制造、数据存储、科研领域使用的工艺系统，产品广泛应用于先进封装、光子学、电力电子和显示技术等前沿领域。
LXP vs VECO — 直观对比
营收规模更大
VECO
是对方的1.9倍
$86.7M
营收增速更快
VECO
高出4.6%
-14.0%
净利率更高
LXP
高出32.5%
0.7%
两年增速更快
LXP
近两年复合增速
-2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $86.7M | $165.0M |
| 净利润 | $28.8M | $1.1M |
| 毛利率 | 81.5% | 36.7% |
| 营业利润率 | 34.6% | -0.8% |
| 净利率 | 33.2% | 0.7% |
| 营收同比 | -14.0% | -9.4% |
| 净利润同比 | — | -92.6% |
| 每股收益（稀释后） | — | $0.02 |
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LXPVECO
| Q4 25 | $86.7M | $165.0M | ||
| Q3 25 | $86.9M | $165.9M | ||
| Q2 25 | $87.7M | $166.1M | ||
| Q1 25 | $88.9M | $167.3M | ||
| Q4 24 | $100.9M | $182.1M | ||
| Q3 24 | $85.6M | $184.8M | ||
| Q2 24 | $85.8M | $175.9M | ||
| Q1 24 | $86.3M | $174.5M |
净利润LXPVECO
| Q4 25 | $28.8M | $1.1M | ||
| Q3 25 | $36.3M | $10.6M | ||
| Q2 25 | $29.1M | $11.7M | ||
| Q1 25 | $19.0M | $11.9M | ||
| Q4 24 | — | $15.0M | ||
| Q3 24 | $6.3M | $22.0M | ||
| Q2 24 | $5.4M | $14.9M | ||
| Q1 24 | $-269.0K | $21.9M |
毛利率LXPVECO
| Q4 25 | 81.5% | 36.7% | ||
| Q3 25 | 82.3% | 40.8% | ||
| Q2 25 | 81.9% | 41.4% | ||
| Q1 25 | 80.7% | 40.9% | ||
| Q4 24 | 85.3% | 40.6% | ||
| Q3 24 | 82.5% | 42.9% | ||
| Q2 24 | 82.0% | 42.9% | ||
| Q1 24 | 82.4% | 43.2% |
营业利润率LXPVECO
| Q4 25 | 34.6% | -0.8% | ||
| Q3 25 | 50.4% | 6.4% | ||
| Q2 25 | 33.7% | 7.4% | ||
| Q1 25 | 21.8% | 8.5% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | 7.9% | 13.2% | ||
| Q2 24 | 6.9% | 9.5% | ||
| Q1 24 | 1.0% | 12.6% |
净利率LXPVECO
| Q4 25 | 33.2% | 0.7% | ||
| Q3 25 | 41.7% | 6.4% | ||
| Q2 25 | 33.2% | 7.1% | ||
| Q1 25 | 21.4% | 7.1% | ||
| Q4 24 | — | 8.2% | ||
| Q3 24 | 7.4% | 11.9% | ||
| Q2 24 | 6.3% | 8.5% | ||
| Q1 24 | -0.3% | 12.5% |
每股收益（稀释后）LXPVECO
| Q4 25 | — | $0.02 | ||
| Q3 25 | $0.12 | $0.17 | ||
| Q2 25 | $0.09 | $0.20 | ||
| Q1 25 | $0.06 | $0.20 | ||
| Q4 24 | — | $0.25 | ||
| Q3 24 | $0.02 | $0.36 | ||
| Q2 24 | $0.01 | $0.25 | ||
| Q1 24 | $-0.01 | $0.37 |
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 | $163.5M |
| 总债务越低越好 | $1.4B | $226.0M |
| 股东权益账面价值 | $2.0B | $885.5M |
| 总资产 | $3.5B | $1.3B |
| 负债/权益比越低杠杆越低 | 0.66× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资LXPVECO
| Q4 25 | $170.4M | $163.5M | ||
| Q3 25 | $229.7M | $193.2M | ||
| Q2 25 | $71.0M | $188.9M | ||
| Q1 25 | $70.9M | $174.9M | ||
| Q4 24 | $101.8M | $145.6M | ||
| Q3 24 | $55.0M | $163.2M | ||
| Q2 24 | $48.7M | $174.2M | ||
| Q1 24 | $293.8M | $174.0M |
总债务LXPVECO
| Q4 25 | $1.4B | $226.0M | ||
| Q3 25 | $1.5B | $225.7M | ||
| Q2 25 | $1.5B | $225.4M | ||
| Q1 25 | $1.5B | $250.0M | ||
| Q4 24 | $1.6B | $276.2M | ||
| Q3 24 | — | $275.9M | ||
| Q2 24 | — | $275.6M | ||
| Q1 24 | — | $275.2M |
股东权益LXPVECO
| Q4 25 | $2.0B | $885.5M | ||
| Q3 25 | $2.1B | $876.0M | ||
| Q2 25 | $2.1B | $856.2M | ||
| Q1 25 | $2.1B | $811.9M | ||
| Q4 24 | $2.1B | $770.8M | ||
| Q3 24 | $2.1B | $746.5M | ||
| Q2 24 | $2.1B | $715.0M | ||
| Q1 24 | $2.2B | $687.9M |
总资产LXPVECO
| Q4 25 | $3.5B | $1.3B | ||
| Q3 25 | $3.7B | $1.3B | ||
| Q2 25 | $3.7B | $1.3B | ||
| Q1 25 | $3.8B | $1.3B | ||
| Q4 24 | $3.8B | $1.3B | ||
| Q3 24 | $3.9B | $1.3B | ||
| Q2 24 | $3.9B | $1.2B | ||
| Q1 24 | $4.2B | $1.2B |
负债/权益比LXPVECO
| Q4 25 | 0.66× | 0.26× | ||
| Q3 25 | 0.72× | 0.26× | ||
| Q2 25 | 0.72× | 0.26× | ||
| Q1 25 | 0.73× | 0.31× | ||
| Q4 24 | 0.75× | 0.36× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.39× | ||
| Q1 24 | — | 0.40× |
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 | $24.9M |
| 自由现金流经营现金流 - 资本支出 | — | $21.7M |
| 自由现金流率自由现金流/营收 | — | 13.1% |
| 资本支出强度资本支出/营收 | — | 2.0% |
| 现金转化率经营现金流/净利润 | 6.56× | 22.38× |
| 过去12个月自由现金流最近4个季度 | — | $53.3M |
8季度趋势，按日历期对齐
经营现金流LXPVECO
| Q4 25 | $188.7M | $24.9M | ||
| Q3 25 | $63.5M | $15.5M | ||
| Q2 25 | $44.3M | $9.0M | ||
| Q1 25 | $39.0M | $20.0M | ||
| Q4 24 | $211.2M | $28.4M | ||
| Q3 24 | $64.6M | $17.6M | ||
| Q2 24 | $38.5M | $8.5M | ||
| Q1 24 | $38.9M | $9.4M |
自由现金流LXPVECO
| Q4 25 | — | $21.7M | ||
| Q3 25 | — | $13.0M | ||
| Q2 25 | — | $5.4M | ||
| Q1 25 | — | $13.2M | ||
| Q4 24 | — | $23.2M | ||
| Q3 24 | — | $13.6M | ||
| Q2 24 | — | $5.5M | ||
| Q1 24 | — | $3.4M |
自由现金流率LXPVECO
| Q4 25 | — | 13.1% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | — | 12.7% | ||
| Q3 24 | — | 7.4% | ||
| Q2 24 | — | 3.1% | ||
| Q1 24 | — | 1.9% |
资本支出强度LXPVECO
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 2.8% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | 3.4% |
现金转化率LXPVECO
| Q4 25 | 6.56× | 22.38× | ||
| Q3 25 | 1.75× | 1.47× | ||
| Q2 25 | 1.52× | 0.77× | ||
| Q1 25 | 2.05× | 1.67× | ||
| Q4 24 | — | 1.90× | ||
| Q3 24 | 10.18× | 0.80× | ||
| Q2 24 | 7.09× | 0.57× | ||
| Q1 24 | — | 0.43× |
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
VECO
| Asia Pacific Excluding China | $89.9M | 54% |
| Other | $44.8M | 27% |
| Compound Semiconductor | $20.1M | 12% |
| Data Storage | $10.2M | 6% |
