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PREFORMED LINE PRODUCTS CO（PLPC）与SPORTSMAN'S WAREHOUSE HOLDINGS, INC.（SPWH）财务数据对比。点击上方公司名可切换其他公司
SPORTSMAN'S WAREHOUSE HOLDINGS, INC.的季度营收约是PREFORMED LINE PRODUCTS CO的1.9倍（$331.3M vs $173.1M），PREFORMED LINE PRODUCTS CO净利率更高（4.9% vs 0.0%，领先4.9%），PREFORMED LINE PRODUCTS CO同比增速更快（3.6% vs 2.2%），PREFORMED LINE PRODUCTS CO自由现金流更多（$11.8M vs $8.7M），过去两年PREFORMED LINE PRODUCTS CO的营收复合增速更高（10.8% vs -5.4%）
预成型线路产品公司（PLPC）研发、生产和销售适用于输配电、通信及可再生能源基建领域的工程硬件组件，服务全球多地的公用事业、网络运营商及工业客户，提供可提升网络可靠性与运营效率的解决方案。
运动员仓库控股（Sportsman's Warehouse）是美国户外体育用品零售商，门店遍布全美29个州，主要面向狩猎、射击、露营、垂钓等各类户外休闲运动爱好者，销售户外服饰、鞋履及专业运动装备。
PLPC vs SPWH — 直观对比
营收规模更大
SPWH
是对方的1.9倍
$173.1M
营收增速更快
PLPC
高出1.4%
2.2%
净利率更高
PLPC
高出4.9%
0.0%
自由现金流更多
PLPC
多$3.0M
$8.7M
两年增速更快
PLPC
近两年复合增速
-5.4%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $173.1M | $331.3M |
| 净利润 | $8.4M | $8.0K |
| 毛利率 | 29.8% | 32.8% |
| 营业利润率 | 6.8% | 1.3% |
| 净利率 | 4.9% | 0.0% |
| 营收同比 | 3.6% | 2.2% |
| 净利润同比 | -19.3% | -97.8% |
| 每股收益（稀释后） | $1.72 | $0.00 |
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PLPCSPWH
| Q4 25 | $173.1M | $331.3M | ||
| Q3 25 | $178.1M | $293.9M | ||
| Q2 25 | $169.6M | $249.1M | ||
| Q1 25 | $148.5M | $340.4M | ||
| Q4 24 | $167.1M | $324.3M | ||
| Q3 24 | $147.0M | $288.7M | ||
| Q2 24 | $138.7M | $244.2M | ||
| Q1 24 | $140.9M | $370.4M |
净利润PLPCSPWH
| Q4 25 | $8.4M | $8.0K | ||
| Q3 25 | $2.6M | $-7.1M | ||
| Q2 25 | $12.7M | $-21.3M | ||
| Q1 25 | $11.5M | $-8.7M | ||
| Q4 24 | $10.5M | $-364.0K | ||
| Q3 24 | $7.7M | $-5.9M | ||
| Q2 24 | $9.4M | $-18.1M | ||
| Q1 24 | $9.6M | $-8.7M |
毛利率PLPCSPWH
| Q4 25 | 29.8% | 32.8% | ||
| Q3 25 | 29.7% | 32.0% | ||
| Q2 25 | 32.7% | 30.4% | ||
| Q1 25 | 32.8% | 30.4% | ||
| Q4 24 | 33.3% | 31.8% | ||
| Q3 24 | 31.1% | 31.2% | ||
| Q2 24 | 31.9% | 30.2% | ||
| Q1 24 | 31.3% | 26.8% |
营业利润率PLPCSPWH
| Q4 25 | 6.8% | 1.3% | ||
| Q3 25 | 7.4% | -1.1% | ||
| Q2 25 | 10.1% | -7.9% | ||
| Q1 25 | 8.8% | 1.1% | ||
| Q4 24 | 10.5% | 1.0% | ||
| Q3 24 | 7.1% | -1.5% | ||
| Q2 24 | 8.1% | -8.4% | ||
| Q1 24 | 8.2% | -2.1% |
净利率PLPCSPWH
| Q4 25 | 4.9% | 0.0% | ||
| Q3 25 | 1.5% | -2.4% | ||
| Q2 25 | 7.5% | -8.5% | ||
| Q1 25 | 7.8% | -2.6% | ||
| Q4 24 | 6.3% | -0.1% | ||
| Q3 24 | 5.2% | -2.0% | ||
| Q2 24 | 6.8% | -7.4% | ||
| Q1 24 | 6.8% | -2.4% |
每股收益（稀释后）PLPCSPWH
| Q4 25 | $1.72 | $0.00 | ||
| Q3 25 | $0.53 | $-0.18 | ||
| Q2 25 | $2.56 | $-0.56 | ||
| Q1 25 | $2.33 | $-0.22 | ||
| Q4 24 | $2.13 | $-0.01 | ||
| Q3 24 | $1.54 | $-0.16 | ||
| Q2 24 | $1.89 | $-0.48 | ||
| Q1 24 | $1.94 | $-0.22 |
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 | — | $2.2M |
| 总债务越低越好 | $38.3M | $44.0M |
| 股东权益账面价值 | $475.5M | $209.5M |
| 总资产 | $653.6M | $913.9M |
| 负债/权益比越低杠杆越低 | 0.08× | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资PLPCSPWH
| Q4 25 | — | $2.2M | ||
| Q3 25 | — | $1.8M | ||
| Q2 25 | — | $3.6M | ||
| Q1 25 | — | $2.8M | ||
| Q4 24 | — | $2.7M | ||
| Q3 24 | — | $2.6M | ||
| Q2 24 | — | $2.2M | ||
| Q1 24 | — | $3.1M |
总债务PLPCSPWH
| Q4 25 | $38.3M | $44.0M | ||
| Q3 25 | $36.0M | $43.9M | ||
| Q2 25 | $31.8M | $24.1M | ||
| Q1 25 | $29.1M | $24.1M | ||
| Q4 24 | $20.8M | $24.0M | ||
| Q3 24 | $27.2M | $24.0M | ||
| Q2 24 | $31.6M | — | ||
| Q1 24 | $55.0M | — |
股东权益PLPCSPWH
| Q4 25 | $475.5M | $209.5M | ||
| Q3 25 | $466.3M | $208.9M | ||
| Q2 25 | $460.7M | $215.1M | ||
| Q1 25 | $435.8M | $235.7M | ||
| Q4 24 | $422.3M | $243.6M | ||
| Q3 24 | $429.0M | $243.0M | ||
| Q2 24 | $416.2M | $247.5M | ||
| Q1 24 | $413.4M | $264.6M |
总资产PLPCSPWH
| Q4 25 | $653.6M | $913.9M | ||
| Q3 25 | $644.6M | $948.9M | ||
| Q2 25 | $631.5M | $929.7M | ||
| Q1 25 | $592.5M | $852.1M | ||
| Q4 24 | $573.9M | $967.7M | ||
| Q3 24 | $592.0M | $901.9M | ||
| Q2 24 | $572.6M | $930.4M | ||
| Q1 24 | $586.1M | $886.2M |
负债/权益比PLPCSPWH
| Q4 25 | 0.08× | 0.21× | ||
| Q3 25 | 0.08× | 0.21× | ||
| Q2 25 | 0.07× | 0.11× | ||
| Q1 25 | 0.07× | 0.10× | ||
| Q4 24 | 0.05× | 0.10× | ||
| Q3 24 | 0.06× | 0.10× | ||
| Q2 24 | 0.08× | — | ||
| Q1 24 | 0.13× | — |
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 | $21.9M | $16.3M |
| 自由现金流经营现金流 - 资本支出 | $11.8M | $8.7M |
| 自由现金流率自由现金流/营收 | 6.8% | 2.6% |
| 资本支出强度资本支出/营收 | 5.9% | 2.3% |
| 现金转化率经营现金流/净利润 | 2.60× | 2038.00× |
| 过去12个月自由现金流最近4个季度 | $33.3M | $-39.7M |
8季度趋势，按日历期对齐
经营现金流PLPCSPWH
| Q4 25 | $21.9M | $16.3M | ||
| Q3 25 | $18.9M | $-26.6M | ||
| Q2 25 | $26.9M | $-60.2M | ||
| Q1 25 | $5.7M | $52.8M | ||
| Q4 24 | $24.1M | $-2.5M | ||
| Q3 24 | $9.4M | $18.5M | ||
| Q2 24 | $28.3M | $-34.6M | ||
| Q1 24 | $5.8M | $68.9M |
自由现金流PLPCSPWH
| Q4 25 | $11.8M | $8.7M | ||
| Q3 25 | $8.3M | $-33.9M | ||
| Q2 25 | $18.6M | $-64.0M | ||
| Q1 25 | $-5.3M | $49.6M | ||
| Q4 24 | $20.6M | $-6.2M | ||
| Q3 24 | $5.8M | $14.1M | ||
| Q2 24 | $24.6M | $-38.0M | ||
| Q1 24 | $1.8M | $60.2M |
自由现金流率PLPCSPWH
| Q4 25 | 6.8% | 2.6% | ||
| Q3 25 | 4.7% | -11.5% | ||
| Q2 25 | 10.9% | -25.7% | ||
| Q1 25 | -3.6% | 14.6% | ||
| Q4 24 | 12.3% | -1.9% | ||
| Q3 24 | 3.9% | 4.9% | ||
| Q2 24 | 17.7% | -15.5% | ||
| Q1 24 | 1.3% | 16.2% |
资本支出强度PLPCSPWH
| Q4 25 | 5.9% | 2.3% | ||
| Q3 25 | 6.0% | 2.5% | ||
| Q2 25 | 4.9% | 1.5% | ||
| Q1 25 | 7.4% | 1.0% | ||
| Q4 24 | 2.1% | 1.1% | ||
| Q3 24 | 2.4% | 1.5% | ||
| Q2 24 | 2.7% | 1.4% | ||
| Q1 24 | 2.8% | 2.4% |
现金转化率PLPCSPWH
| Q4 25 | 2.60× | 2038.00× | ||
| Q3 25 | 7.21× | — | ||
| Q2 25 | 2.12× | — | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 2.30× | — | ||
| Q3 24 | 1.22× | — | ||
| Q2 24 | 3.02× | — | ||
| Q1 24 | 0.60× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
