vs
Proto Labs Inc（PRLB）与null（SWIM）财务数据对比。点击上方公司名可切换其他公司
Proto Labs Inc的季度营收约是null的1.4倍（$136.5M vs $100.0M），null同比增速更快（14.5% vs 12.1%），null自由现金流更多（$14.1M vs $8.4M），过去两年Proto Labs Inc的营收复合增速更高（3.3% vs -4.9%）
Proto Labs是一家提供快速制造服务的企业，可通过3D打印、CNC加工、钣金加工以及注塑成型工艺，为客户生产用于原型制作和量产的定制零部件，产品广泛应用于医疗设备、航空航天、电子、家电、汽车、消费品等多个领域，公司总部位于美国明尼苏达州，在美国多地设有生产基地。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
PRLB vs SWIM — 直观对比
营收规模更大
PRLB
是对方的1.4倍
$100.0M
营收增速更快
SWIM
高出2.4%
12.1%
自由现金流更多
SWIM
多$5.7M
$8.4M
两年增速更快
PRLB
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $136.5M | $100.0M |
| 净利润 | — | $-7.0M |
| 毛利率 | 44.2% | 28.0% |
| 营业利润率 | 5.0% | -10.7% |
| 净利率 | — | -7.0% |
| 营收同比 | 12.1% | 14.5% |
| 净利润同比 | — | 76.0% |
| 每股收益（稀释后） | $0.25 | $-0.06 |
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PRLBSWIM
| Q4 25 | $136.5M | $100.0M | ||
| Q3 25 | $135.4M | $161.9M | ||
| Q2 25 | $135.1M | $172.6M | ||
| Q1 25 | $126.2M | $111.4M | ||
| Q4 24 | $121.8M | $87.3M | ||
| Q3 24 | $125.6M | $150.5M | ||
| Q2 24 | $125.6M | $160.1M | ||
| Q1 24 | $127.9M | $110.6M |
净利润PRLBSWIM
| Q4 25 | — | $-7.0M | ||
| Q3 25 | $7.2M | $8.1M | ||
| Q2 25 | $4.4M | $16.0M | ||
| Q1 25 | $3.6M | $-6.0M | ||
| Q4 24 | — | $-29.2M | ||
| Q3 24 | $7.2M | $5.9M | ||
| Q2 24 | $4.5M | $13.3M | ||
| Q1 24 | $5.3M | $-7.9M |
毛利率PRLBSWIM
| Q4 25 | 44.2% | 28.0% | ||
| Q3 25 | 45.3% | 35.4% | ||
| Q2 25 | 44.3% | 37.1% | ||
| Q1 25 | 44.1% | 29.5% | ||
| Q4 24 | 42.7% | 24.6% | ||
| Q3 24 | 45.6% | 32.4% | ||
| Q2 24 | 45.0% | 33.1% | ||
| Q1 24 | 44.9% | 27.7% |
营业利润率PRLBSWIM
| Q4 25 | 5.0% | -10.7% | ||
| Q3 25 | 6.5% | 13.3% | ||
| Q2 25 | 3.7% | 14.3% | ||
| Q1 25 | 3.6% | -4.4% | ||
| Q4 24 | -1.2% | -14.9% | ||
| Q3 24 | 6.8% | 8.9% | ||
| Q2 24 | 4.8% | 12.5% | ||
| Q1 24 | 5.3% | -1.9% |
净利率PRLBSWIM
| Q4 25 | — | -7.0% | ||
| Q3 25 | 5.3% | 5.0% | ||
| Q2 25 | 3.3% | 9.3% | ||
| Q1 25 | 2.9% | -5.4% | ||
| Q4 24 | — | -33.4% | ||
| Q3 24 | 5.7% | 3.9% | ||
| Q2 24 | 3.6% | 8.3% | ||
| Q1 24 | 4.1% | -7.1% |
每股收益（稀释后）PRLBSWIM
| Q4 25 | $0.25 | $-0.06 | ||
| Q3 25 | $0.30 | $0.07 | ||
| Q2 25 | $0.18 | $0.13 | ||
| Q1 25 | $0.15 | $-0.05 | ||
| Q4 24 | $-0.01 | $-0.24 | ||
| Q3 24 | $0.29 | $0.05 | ||
| Q2 24 | $0.18 | $0.11 | ||
| Q1 24 | $0.20 | $-0.07 |
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 | $128.1M | — |
| 总债务越低越好 | — | $279.8M |
| 股东权益账面价值 | $673.9M | $405.9M |
| 总资产 | $763.4M | $823.2M |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资PRLBSWIM
| Q4 25 | $128.1M | — | ||
| Q3 25 | $119.2M | — | ||
| Q2 25 | $103.2M | — | ||
| Q1 25 | $96.8M | — | ||
| Q4 24 | $103.1M | — | ||
| Q3 24 | $100.5M | — | ||
| Q2 24 | $112.9M | — | ||
| Q1 24 | $109.7M | — |
总债务PRLBSWIM
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
股东权益PRLBSWIM
| Q4 25 | $673.9M | $405.9M | ||
| Q3 25 | $664.7M | $408.4M | ||
| Q2 25 | $664.7M | $398.4M | ||
| Q1 25 | $656.8M | $381.1M | ||
| Q4 24 | $670.2M | $387.2M | ||
| Q3 24 | $680.0M | $416.6M | ||
| Q2 24 | $685.2M | $408.1M | ||
| Q1 24 | $687.3M | $391.8M |
总资产PRLBSWIM
| Q4 25 | $763.4M | $823.2M | ||
| Q3 25 | $756.9M | $844.4M | ||
| Q2 25 | $743.3M | $822.1M | ||
| Q1 25 | $737.5M | $824.6M | ||
| Q4 24 | $743.5M | $794.2M | ||
| Q3 24 | $753.8M | $853.4M | ||
| Q2 24 | $758.2M | $830.0M | ||
| Q1 24 | $769.8M | $808.6M |
负债/权益比PRLBSWIM
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
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 | $16.5M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $8.4M | $14.1M |
| 自由现金流率自由现金流/营收 | 6.2% | 14.1% |
| 资本支出强度资本支出/营收 | 5.9% | 9.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $59.7M | $38.0M |
8季度趋势，按日历期对齐
经营现金流PRLBSWIM
| Q4 25 | $16.5M | $23.3M | ||
| Q3 25 | $29.1M | $51.0M | ||
| Q2 25 | $10.6M | $36.0M | ||
| Q1 25 | $18.4M | $-46.9M | ||
| Q4 24 | $17.3M | $6.2M | ||
| Q3 24 | $24.8M | $37.2M | ||
| Q2 24 | $14.4M | $52.4M | ||
| Q1 24 | $21.3M | $-34.5M |
自由现金流PRLBSWIM
| Q4 25 | $8.4M | $14.1M | ||
| Q3 25 | $25.0M | $45.2M | ||
| Q2 25 | $9.1M | $29.1M | ||
| Q1 25 | $17.1M | $-50.3M | ||
| Q4 24 | $16.5M | $-98.0K | ||
| Q3 24 | $23.2M | $33.2M | ||
| Q2 24 | $10.2M | $47.9M | ||
| Q1 24 | $18.8M | $-39.9M |
自由现金流率PRLBSWIM
| Q4 25 | 6.2% | 14.1% | ||
| Q3 25 | 18.5% | 27.9% | ||
| Q2 25 | 6.7% | 16.8% | ||
| Q1 25 | 13.6% | -45.2% | ||
| Q4 24 | 13.5% | -0.1% | ||
| Q3 24 | 18.5% | 22.1% | ||
| Q2 24 | 8.2% | 29.9% | ||
| Q1 24 | 14.7% | -36.0% |
资本支出强度PRLBSWIM
| Q4 25 | 5.9% | 9.2% | ||
| Q3 25 | 3.0% | 3.6% | ||
| Q2 25 | 1.1% | 4.0% | ||
| Q1 25 | 1.0% | 3.1% | ||
| Q4 24 | 0.7% | 7.2% | ||
| Q3 24 | 1.2% | 2.7% | ||
| Q2 24 | 3.3% | 2.8% | ||
| Q1 24 | 2.0% | 4.8% |
现金转化率PRLBSWIM
| Q4 25 | — | — | ||
| Q3 25 | 4.03× | 6.29× | ||
| Q2 25 | 2.39× | 2.25× | ||
| Q1 25 | 5.11× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.44× | 6.32× | ||
| Q2 24 | 3.18× | 3.95× | ||
| Q1 24 | 4.05× | — |
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
PRLB
| CNC Machining Firstcut | $65.5M | 48% |
| Injection Molding Protomold | $47.6M | 35% |
| Three D Printing Fineline | $18.8M | 14% |
| Sheet Metal | $4.4M | 3% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
