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乐至宝（LZB）与TIDEWATER INC（TDW）财务数据对比。点击上方公司名可切换其他公司
乐至宝的季度营收约是TIDEWATER INC的1.6倍（$541.6M vs $336.8M），TIDEWATER INC净利率更高（65.3% vs 4.0%，领先61.3%），乐至宝同比增速更快（3.8% vs -2.4%），TIDEWATER INC自由现金流更多（$147.8M vs $71.6M），过去两年TIDEWATER INC的营收复合增速更高（2.4% 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。
Tidewater Inc.是一家公开上市的国际石油服务企业，总部位于美国得克萨斯州休斯敦。公司运营专业船舶船队，主要为海上油气、海上风电行业提供船舶租赁及相关海事服务，是全球海洋能源服务领域的重要参与者。
LZB vs TDW — 直观对比
营收规模更大
LZB
是对方的1.6倍
$336.8M
营收增速更快
LZB
高出6.2%
-2.4%
净利率更高
TDW
高出61.3%
4.0%
自由现金流更多
TDW
多$76.3M
$71.6M
两年增速更快
TDW
近两年复合增速
-1.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $541.6M | $336.8M |
| 净利润 | $21.6M | $219.9M |
| 毛利率 | 43.1% | — |
| 营业利润率 | 5.5% | 19.0% |
| 净利率 | 4.0% | 65.3% |
| 营收同比 | 3.8% | -2.4% |
| 净利润同比 | -23.8% | 495.8% |
| 每股收益（稀释后） | $0.52 | $4.37 |
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LZBTDW
| Q1 26 | $541.6M | — | ||
| Q4 25 | $522.5M | $336.8M | ||
| Q3 25 | $492.2M | $341.1M | ||
| Q2 25 | $570.9M | $341.4M | ||
| Q1 25 | $521.8M | $333.4M | ||
| Q4 24 | $521.0M | $345.1M | ||
| Q3 24 | $495.5M | $340.4M | ||
| Q2 24 | $553.5M | $339.2M |
净利润LZBTDW
| Q1 26 | $21.6M | — | ||
| Q4 25 | $28.9M | $219.9M | ||
| Q3 25 | $18.2M | $-806.0K | ||
| Q2 25 | $14.9M | $72.9M | ||
| Q1 25 | $28.4M | $42.7M | ||
| Q4 24 | $30.0M | $36.9M | ||
| Q3 24 | $26.2M | $46.4M | ||
| Q2 24 | $39.3M | $50.4M |
毛利率LZBTDW
| Q1 26 | 43.1% | — | ||
| Q4 25 | 44.2% | — | ||
| Q3 25 | 42.5% | — | ||
| Q2 25 | 44.0% | — | ||
| Q1 25 | 44.3% | — | ||
| Q4 24 | 44.3% | — | ||
| Q3 24 | 43.1% | — | ||
| Q2 24 | 43.4% | — |
营业利润率LZBTDW
| Q1 26 | 5.5% | — | ||
| Q4 25 | 6.9% | 19.0% | ||
| Q3 25 | 4.5% | 18.4% | ||
| Q2 25 | 5.2% | 23.7% | ||
| Q1 25 | 6.7% | 22.5% | ||
| Q4 24 | 7.4% | 23.6% | ||
| Q3 24 | 6.5% | 20.6% | ||
| Q2 24 | 9.1% | 23.0% |
净利率LZBTDW
| Q1 26 | 4.0% | — | ||
| Q4 25 | 5.5% | 65.3% | ||
| Q3 25 | 3.7% | -0.2% | ||
| Q2 25 | 2.6% | 21.4% | ||
| Q1 25 | 5.4% | 12.8% | ||
| Q4 24 | 5.8% | 10.7% | ||
| Q3 24 | 5.3% | 13.6% | ||
| Q2 24 | 7.1% | 14.8% |
每股收益（稀释后）LZBTDW
| Q1 26 | $0.52 | — | ||
| Q4 25 | $0.70 | $4.37 | ||
| Q3 25 | $0.44 | $-0.02 | ||
| Q2 25 | $0.35 | $1.46 | ||
| Q1 25 | $0.68 | $0.83 | ||
| Q4 24 | $0.71 | $0.70 | ||
| Q3 24 | $0.61 | $0.87 | ||
| Q2 24 | $0.91 | $0.94 |
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 | $578.8M |
| 总债务越低越好 | — | $670.1M |
| 股东权益账面价值 | $1.0B | $1.4B |
| 总资产 | $2.1B | $2.4B |
| 负债/权益比越低杠杆越低 | — | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资LZBTDW
| Q1 26 | $306.1M | — | ||
| Q4 25 | $338.5M | $578.8M | ||
| Q3 25 | $318.5M | $428.2M | ||
| Q2 25 | $328.4M | $369.4M | ||
| Q1 25 | $314.6M | $341.8M | ||
| Q4 24 | $303.1M | $324.9M | ||
| Q3 24 | $342.3M | $280.8M | ||
| Q2 24 | $341.1M | $315.9M |
总债务LZBTDW
| Q1 26 | — | — | ||
| Q4 25 | — | $670.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $647.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益LZBTDW
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $1.4B | ||
| Q3 25 | $1.0B | $1.1B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $1.0B | $1.1B | ||
| Q4 24 | $1.0B | $1.1B | ||
| Q3 24 | $999.2M | $1.1B | ||
| Q2 24 | $1.0B | $1.1B |
总资产LZBTDW
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.0B | $2.4B | ||
| Q3 25 | $1.9B | $2.1B | ||
| Q2 25 | $1.9B | $2.1B | ||
| Q1 25 | $2.0B | $2.1B | ||
| Q4 24 | $1.9B | $2.1B | ||
| Q3 24 | $1.9B | $2.0B | ||
| Q2 24 | $1.9B | $2.1B |
负债/权益比LZBTDW
| Q1 26 | — | — | ||
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.58× | ||
| Q3 24 | — | — | ||
| Q2 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 | $89.4M | $153.0M |
| 自由现金流经营现金流 - 资本支出 | $71.6M | $147.8M |
| 自由现金流率自由现金流/营收 | 13.2% | 43.9% |
| 资本支出强度资本支出/营收 | 3.3% | 1.5% |
| 现金转化率经营现金流/净利润 | 4.13× | 0.70× |
| 过去12个月自由现金流最近4个季度 | $158.2M | $353.3M |
8季度趋势，按日历期对齐
经营现金流LZBTDW
| Q1 26 | $89.4M | — | ||
| Q4 25 | $50.0M | $153.0M | ||
| Q3 25 | $36.3M | $54.7M | ||
| Q2 25 | $62.0M | $85.4M | ||
| Q1 25 | $57.0M | $86.0M | ||
| Q4 24 | $15.9M | $100.0M | ||
| Q3 24 | $52.3M | $49.0M | ||
| Q2 24 | $52.8M | $78.6M |
自由现金流LZBTDW
| Q1 26 | $71.6M | — | ||
| Q4 25 | $29.6M | $147.8M | ||
| Q3 25 | $17.8M | $49.6M | ||
| Q2 25 | $39.3M | $80.2M | ||
| Q1 25 | $38.2M | $75.7M | ||
| Q4 24 | $-1.2M | $95.5M | ||
| Q3 24 | $36.7M | $43.3M | ||
| Q2 24 | $37.3M | $72.3M |
自由现金流率LZBTDW
| Q1 26 | 13.2% | — | ||
| Q4 25 | 5.7% | 43.9% | ||
| Q3 25 | 3.6% | 14.5% | ||
| Q2 25 | 6.9% | 23.5% | ||
| Q1 25 | 7.3% | 22.7% | ||
| Q4 24 | -0.2% | 27.7% | ||
| Q3 24 | 7.4% | 12.7% | ||
| Q2 24 | 6.7% | 21.3% |
资本支出强度LZBTDW
| Q1 26 | 3.3% | — | ||
| Q4 25 | 3.9% | 1.5% | ||
| Q3 25 | 3.8% | 1.5% | ||
| Q2 25 | 4.0% | 1.5% | ||
| Q1 25 | 3.6% | 3.1% | ||
| Q4 24 | 3.3% | 1.3% | ||
| Q3 24 | 3.2% | 1.7% | ||
| Q2 24 | 2.8% | 1.9% |
现金转化率LZBTDW
| Q1 26 | 4.13× | — | ||
| Q4 25 | 1.73× | 0.70× | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 4.15× | 1.17× | ||
| Q1 25 | 2.01× | 2.02× | ||
| Q4 24 | 0.53× | 2.71× | ||
| Q3 24 | 2.00× | 1.06× | ||
| Q2 24 | 1.34× | 1.56× |
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% |
TDW
暂无分部数据
