vs
欧文斯科宁（OC）与泰佩思琦（TPR）财务数据对比。点击上方公司名可切换其他公司
泰佩思琦的季度营收约是欧文斯科宁的1.2倍（$2.5B vs $2.1B），泰佩思琦净利率更高（22.4% vs -13.9%，领先36.3%），泰佩思琦同比增速更快（14.0% vs -24.6%），泰佩思琦自由现金流更多（$1.0B vs $333.0M），过去两年泰佩思琦的营收复合增速更高（29.9% vs -3.5%）
欧文斯科宁是美国知名建材及复合材料企业，1935年由康宁玻璃厂与欧文斯-伊利诺伊公司合资组建。主营保温材料、屋面材料、玻璃纤维复合材料及相关产品，是全球最大的玻璃纤维复合材料生产商，全球员工约1.9万人，自1955年《财富》500强榜单创立以来连年上榜。
Tapestry, Inc.是美国知名跨国奢侈品时尚控股企业，旗下拥有Coach、Kate Spade New York、Stuart Weitzman三大标志性生活方式品牌，主营高端手袋、服饰、鞋履、配饰及香水产品，销售渠道覆盖全球线下门店与线上电商平台。
OC vs TPR — 直观对比
营收规模更大
TPR
是对方的1.2倍
$2.1B
营收增速更快
TPR
高出38.6%
-24.6%
净利率更高
TPR
高出36.3%
-13.9%
自由现金流更多
TPR
多$704.5M
$333.0M
两年增速更快
TPR
近两年复合增速
-3.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.5B |
| 净利润 | $-298.0M | $561.3M |
| 毛利率 | 23.2% | 75.5% |
| 营业利润率 | -10.5% | 28.6% |
| 净利率 | -13.9% | 22.4% |
| 营收同比 | -24.6% | 14.0% |
| 净利润同比 | -15.5% | 80.8% |
| 每股收益（稀释后） | $-3.47 | $2.68 |
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OCTPR
| Q4 25 | $2.1B | $2.5B | ||
| Q3 25 | $2.7B | $1.7B | ||
| Q2 25 | $2.7B | $1.7B | ||
| Q1 25 | $2.5B | $1.6B | ||
| Q4 24 | $2.8B | $2.2B | ||
| Q3 24 | $3.0B | $1.5B | ||
| Q2 24 | $2.8B | $1.6B | ||
| Q1 24 | $2.3B | $1.5B |
净利润OCTPR
| Q4 25 | $-298.0M | $561.3M | ||
| Q3 25 | $-494.0M | $274.8M | ||
| Q2 25 | $363.0M | $-517.1M | ||
| Q1 25 | $-93.0M | $203.3M | ||
| Q4 24 | $-258.0M | $310.4M | ||
| Q3 24 | $321.0M | $186.6M | ||
| Q2 24 | $285.0M | $159.3M | ||
| Q1 24 | $299.0M | $139.4M |
毛利率OCTPR
| Q4 25 | 23.2% | 75.5% | ||
| Q3 25 | 28.2% | 76.3% | ||
| Q2 25 | 31.2% | 76.3% | ||
| Q1 25 | 28.7% | 76.1% | ||
| Q4 24 | 28.1% | 74.4% | ||
| Q3 24 | 29.8% | 75.3% | ||
| Q2 24 | 31.1% | 74.9% | ||
| Q1 24 | 29.6% | 74.7% |
营业利润率OCTPR
| Q4 25 | -10.5% | 28.6% | ||
| Q3 25 | -12.2% | 19.3% | ||
| Q2 25 | 18.4% | -33.9% | ||
| Q1 25 | 16.1% | 16.0% | ||
| Q4 24 | -8.5% | 22.4% | ||
| Q3 24 | 16.7% | 16.7% | ||
| Q2 24 | 16.4% | 14.8% | ||
| Q1 24 | 17.5% | 13.8% |
净利率OCTPR
| Q4 25 | -13.9% | 22.4% | ||
| Q3 25 | -18.4% | 16.1% | ||
| Q2 25 | 13.2% | -30.0% | ||
| Q1 25 | -3.7% | 12.8% | ||
| Q4 24 | -9.1% | 14.1% | ||
| Q3 24 | 10.5% | 12.4% | ||
| Q2 24 | 10.2% | 10.0% | ||
| Q1 24 | 13.0% | 9.4% |
每股收益（稀释后）OCTPR
| Q4 25 | $-3.47 | $2.68 | ||
| Q3 25 | $-5.92 | $1.28 | ||
| Q2 25 | $4.25 | $-2.30 | ||
| Q1 25 | $-1.08 | $0.95 | ||
| Q4 24 | $-2.92 | $1.38 | ||
| Q3 24 | $3.65 | $0.79 | ||
| Q2 24 | $3.24 | $0.67 | ||
| Q1 24 | $3.40 | $0.60 |
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 | $345.0M | $1.1B |
| 总债务越低越好 | $4.7B | $2.4B |
| 股东权益账面价值 | $3.9B | $551.2M |
| 总资产 | $13.0B | $6.5B |
| 负债/权益比越低杠杆越低 | 1.22× | 4.32× |
8季度趋势，按日历期对齐
现金及短期投资OCTPR
| Q4 25 | $345.0M | $1.1B | ||
| Q3 25 | $286.0M | $743.2M | ||
| Q2 25 | $230.0M | $1.1B | ||
| Q1 25 | $400.0M | $1.1B | ||
| Q4 24 | $361.0M | $1.0B | ||
| Q3 24 | $499.0M | $7.3B | ||
| Q2 24 | $254.0M | $7.2B | ||
| Q1 24 | $1.3B | $7.4B |
总债务OCTPR
| Q4 25 | $4.7B | $2.4B | ||
| Q3 25 | $4.7B | $2.4B | ||
| Q2 25 | $5.1B | $2.4B | ||
| Q1 25 | $5.0B | $2.4B | ||
| Q4 24 | $5.1B | $2.4B | ||
| Q3 24 | $5.0B | $7.0B | ||
| Q2 24 | $5.0B | $6.9B | ||
| Q1 24 | $2.6B | $7.7B |
股东权益OCTPR
| Q4 25 | $3.9B | $551.2M | ||
| Q3 25 | $4.4B | $399.5M | ||
| Q2 25 | $5.2B | $857.8M | ||
| Q1 25 | $4.9B | $1.5B | ||
| Q4 24 | $5.1B | $1.3B | ||
| Q3 24 | $5.6B | $3.0B | ||
| Q2 24 | $5.5B | $2.9B | ||
| Q1 24 | $5.2B | $2.8B |
总资产OCTPR
| Q4 25 | $13.0B | $6.5B | ||
| Q3 25 | $13.5B | $6.4B | ||
| Q2 25 | $14.5B | $6.6B | ||
| Q1 25 | $14.3B | $7.3B | ||
| Q4 24 | $14.1B | $7.3B | ||
| Q3 24 | $15.1B | $13.7B | ||
| Q2 24 | $15.0B | $13.4B | ||
| Q1 24 | $11.3B | $13.7B |
负债/权益比OCTPR
| Q4 25 | 1.22× | 4.32× | ||
| Q3 25 | 1.06× | 5.95× | ||
| Q2 25 | 0.98× | 2.77× | ||
| Q1 25 | 1.03× | 1.59× | ||
| Q4 24 | 1.01× | 1.78× | ||
| Q3 24 | 0.89× | 2.35× | ||
| Q2 24 | 0.92× | 2.39× | ||
| Q1 24 | 0.51× | 2.77× |
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 | $590.0M | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $333.0M | $1.0B |
| 自由现金流率自由现金流/营收 | 15.5% | 41.5% |
| 资本支出强度资本支出/营收 | 12.0% | 1.7% |
| 现金转化率经营现金流/净利润 | — | 1.93× |
| 过去12个月自由现金流最近4个季度 | $962.0M | $1.6B |
8季度趋势，按日历期对齐
经营现金流OCTPR
| Q4 25 | $590.0M | $1.1B | ||
| Q3 25 | $918.0M | $112.6M | ||
| Q2 25 | $327.0M | $446.8M | ||
| Q1 25 | $-49.0M | $144.3M | ||
| Q4 24 | $676.0M | $506.0M | ||
| Q3 24 | $699.0M | $119.5M | ||
| Q2 24 | $493.0M | $256.0M | ||
| Q1 24 | $24.0M | $97.8M |
自由现金流OCTPR
| Q4 25 | $333.0M | $1.0B | ||
| Q3 25 | $752.0M | $80.2M | ||
| Q2 25 | $129.0M | $411.5M | ||
| Q1 25 | $-252.0M | $113.4M | ||
| Q4 24 | $479.0M | $475.1M | ||
| Q3 24 | $558.0M | $93.9M | ||
| Q2 24 | $336.0M | $209.8M | ||
| Q1 24 | $-128.0M | $78.8M |
自由现金流率OCTPR
| Q4 25 | 15.5% | 41.5% | ||
| Q3 25 | 28.0% | 4.7% | ||
| Q2 25 | 4.7% | 23.9% | ||
| Q1 25 | -10.0% | 7.2% | ||
| Q4 24 | 16.9% | 21.6% | ||
| Q3 24 | 18.3% | 6.2% | ||
| Q2 24 | 12.0% | 13.2% | ||
| Q1 24 | -5.6% | 5.3% |
资本支出强度OCTPR
| Q4 25 | 12.0% | 1.7% | ||
| Q3 25 | 6.2% | 1.9% | ||
| Q2 25 | 7.2% | 2.0% | ||
| Q1 25 | 8.0% | 2.0% | ||
| Q4 24 | 6.9% | 1.4% | ||
| Q3 24 | 4.6% | 1.7% | ||
| Q2 24 | 5.6% | 2.9% | ||
| Q1 24 | 6.6% | 1.3% |
现金转化率OCTPR
| Q4 25 | — | 1.93× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 1.63× | ||
| Q3 24 | 2.18× | 0.64× | ||
| Q2 24 | 1.73× | 1.61× | ||
| Q1 24 | 0.08× | 0.70× |
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
OC
| Insulation | $724.0M | 34% |
| Residential | $625.0M | 29% |
| Doors | $427.0M | 20% |
| Discontinued Operations Disposed Of By Sale | $299.0M | 14% |
| Commercial And Industrial Sector | $101.0M | 5% |
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
