vs
乐至宝（LZB）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是乐至宝的1.1倍（$614.5M vs $541.6M），乐至宝净利率更高（4.0% vs -2.0%，领先6.0%），Cloudflare, Inc.同比增速更快（33.6% vs 3.8%），Cloudflare, Inc.自由现金流更多（$105.2M vs $71.6M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs -1.1%）
La-Z-Boy是总部位于美国密歇根州门罗的家具制造企业，主打居家家具产品，涵盖软垫 recliner、沙发、固定座椅、升降椅、沙发床等品类，全球员工规模超过11000人，是休闲家居领域的知名品牌。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
LZB vs NET — 直观对比
营收规模更大
NET
是对方的1.1倍
$541.6M
营收增速更快
NET
高出29.8%
3.8%
净利率更高
LZB
高出6.0%
-2.0%
自由现金流更多
NET
多$33.7M
$71.6M
两年增速更快
NET
近两年复合增速
-1.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $541.6M | $614.5M |
| 净利润 | $21.6M | $-12.1M |
| 毛利率 | 43.1% | 73.6% |
| 营业利润率 | 5.5% | -8.0% |
| 净利率 | 4.0% | -2.0% |
| 营收同比 | 3.8% | 33.6% |
| 净利润同比 | -23.8% | 6.0% |
| 每股收益（稀释后） | $0.52 | $-0.03 |
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LZBNET
| Q1 26 | $541.6M | — | ||
| Q4 25 | $522.5M | $614.5M | ||
| Q3 25 | $492.2M | $562.0M | ||
| Q2 25 | $570.9M | $512.3M | ||
| Q1 25 | $521.8M | $479.1M | ||
| Q4 24 | $521.0M | $459.9M | ||
| Q3 24 | $495.5M | $430.1M | ||
| Q2 24 | $553.5M | $401.0M |
净利润LZBNET
| Q1 26 | $21.6M | — | ||
| Q4 25 | $28.9M | $-12.1M | ||
| Q3 25 | $18.2M | $-1.3M | ||
| Q2 25 | $14.9M | $-50.4M | ||
| Q1 25 | $28.4M | $-38.5M | ||
| Q4 24 | $30.0M | $-12.8M | ||
| Q3 24 | $26.2M | $-15.3M | ||
| Q2 24 | $39.3M | $-15.1M |
毛利率LZBNET
| Q1 26 | 43.1% | — | ||
| Q4 25 | 44.2% | 73.6% | ||
| Q3 25 | 42.5% | 74.0% | ||
| Q2 25 | 44.0% | 74.9% | ||
| Q1 25 | 44.3% | 75.9% | ||
| Q4 24 | 44.3% | 76.4% | ||
| Q3 24 | 43.1% | 77.7% | ||
| Q2 24 | 43.4% | 77.8% |
营业利润率LZBNET
| Q1 26 | 5.5% | — | ||
| Q4 25 | 6.9% | -8.0% | ||
| Q3 25 | 4.5% | -6.7% | ||
| Q2 25 | 5.2% | -13.1% | ||
| Q1 25 | 6.7% | -11.1% | ||
| Q4 24 | 7.4% | -7.5% | ||
| Q3 24 | 6.5% | -7.2% | ||
| Q2 24 | 9.1% | -8.7% |
净利率LZBNET
| Q1 26 | 4.0% | — | ||
| Q4 25 | 5.5% | -2.0% | ||
| Q3 25 | 3.7% | -0.2% | ||
| Q2 25 | 2.6% | -9.8% | ||
| Q1 25 | 5.4% | -8.0% | ||
| Q4 24 | 5.8% | -2.8% | ||
| Q3 24 | 5.3% | -3.6% | ||
| Q2 24 | 7.1% | -3.8% |
每股收益（稀释后）LZBNET
| Q1 26 | $0.52 | — | ||
| Q4 25 | $0.70 | $-0.03 | ||
| Q3 25 | $0.44 | $0.00 | ||
| Q2 25 | $0.35 | $-0.15 | ||
| Q1 25 | $0.68 | $-0.11 | ||
| Q4 24 | $0.71 | $-0.05 | ||
| Q3 24 | $0.61 | $-0.04 | ||
| Q2 24 | $0.91 | $-0.04 |
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 | $306.1M | $943.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $1.5B |
| 总资产 | $2.1B | $6.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LZBNET
| Q1 26 | $306.1M | — | ||
| Q4 25 | $338.5M | $943.5M | ||
| Q3 25 | $318.5M | $1.1B | ||
| Q2 25 | $328.4M | $1.5B | ||
| Q1 25 | $314.6M | $204.5M | ||
| Q4 24 | $303.1M | $147.7M | ||
| Q3 24 | $342.3M | $182.9M | ||
| Q2 24 | $341.1M | $157.0M |
股东权益LZBNET
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $1.5B | ||
| Q3 25 | $1.0B | $1.3B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $1.0B | $1.0B | ||
| Q3 24 | $999.2M | $973.1M | ||
| Q2 24 | $1.0B | $881.5M |
总资产LZBNET
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.0B | $6.0B | ||
| Q3 25 | $1.9B | $5.8B | ||
| Q2 25 | $1.9B | $5.6B | ||
| Q1 25 | $2.0B | $3.7B | ||
| Q4 24 | $1.9B | $3.3B | ||
| Q3 24 | $1.9B | $3.1B | ||
| Q2 24 | $1.9B | $2.9B |
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 | $89.4M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $71.6M | $105.2M |
| 自由现金流率自由现金流/营收 | 13.2% | 17.1% |
| 资本支出强度资本支出/营收 | 3.3% | 13.9% |
| 现金转化率经营现金流/净利润 | 4.13× | — |
| 过去12个月自由现金流最近4个季度 | $158.2M | $287.5M |
8季度趋势，按日历期对齐
经营现金流LZBNET
| Q1 26 | $89.4M | — | ||
| Q4 25 | $50.0M | $190.4M | ||
| Q3 25 | $36.3M | $167.1M | ||
| Q2 25 | $62.0M | $99.8M | ||
| Q1 25 | $57.0M | $145.8M | ||
| Q4 24 | $15.9M | $127.3M | ||
| Q3 24 | $52.3M | $104.7M | ||
| Q2 24 | $52.8M | $74.8M |
自由现金流LZBNET
| Q1 26 | $71.6M | — | ||
| Q4 25 | $29.6M | $105.2M | ||
| Q3 25 | $17.8M | $82.5M | ||
| Q2 25 | $39.3M | $39.9M | ||
| Q1 25 | $38.2M | $59.9M | ||
| Q4 24 | $-1.2M | $54.2M | ||
| Q3 24 | $36.7M | $54.5M | ||
| Q2 24 | $37.3M | $45.2M |
自由现金流率LZBNET
| Q1 26 | 13.2% | — | ||
| Q4 25 | 5.7% | 17.1% | ||
| Q3 25 | 3.6% | 14.7% | ||
| Q2 25 | 6.9% | 7.8% | ||
| Q1 25 | 7.3% | 12.5% | ||
| Q4 24 | -0.2% | 11.8% | ||
| Q3 24 | 7.4% | 12.7% | ||
| Q2 24 | 6.7% | 11.3% |
资本支出强度LZBNET
| Q1 26 | 3.3% | — | ||
| Q4 25 | 3.9% | 13.9% | ||
| Q3 25 | 3.8% | 15.1% | ||
| Q2 25 | 4.0% | 11.7% | ||
| Q1 25 | 3.6% | 17.9% | ||
| Q4 24 | 3.3% | 15.9% | ||
| Q3 24 | 3.2% | 11.7% | ||
| Q2 24 | 2.8% | 7.4% |
现金转化率LZBNET
| Q1 26 | 4.13× | — | ||
| Q4 25 | 1.73× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 4.15× | — | ||
| Q1 25 | 2.01× | — | ||
| Q4 24 | 0.53× | — | ||
| Q3 24 | 2.00× | — | ||
| Q2 24 | 1.34× | — |
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
LZB
| Stationary Upholstery Furniture | $286.2M | 53% |
| Retail Segment | $251.9M | 47% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
