vs
Proto Labs Inc（PRLB）与维蒙特工业（VMI）财务数据对比。点击上方公司名可切换其他公司
维蒙特工业的季度营收约是Proto Labs Inc的7.5倍（$1.0B vs $136.5M）。Proto Labs Inc同比增速更快（12.1% vs 6.2%）。过去两年Proto Labs Inc的营收复合增速更高（3.3% vs -0.5%）
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。
维蒙特工业是美国大型上市制造企业，核心产品包括Valley品牌中心支轴及线性灌溉设备、风电机组支撑结构、照明与交通信号灯杆、钢制公用设施杆塔，在全球农业设备及基建配套领域拥有领先的市场地位和技术优势。
PRLB vs VMI — 直观对比
营收规模更大
VMI
是对方的7.5倍
$136.5M
营收增速更快
PRLB
高出5.9%
6.2%
两年增速更快
PRLB
近两年复合增速
-0.5%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $136.5M | $1.0B |
| 净利润 | — | $108.0M |
| 毛利率 | 44.2% | 30.8% |
| 营业利润率 | 5.0% | 15.1% |
| 净利率 | — | 10.5% |
| 营收同比 | 12.1% | 6.2% |
| 净利润同比 | — | 23.8% |
| 每股收益（稀释后） | $0.25 | $5.51 |
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PRLBVMI
| Q1 26 | — | $1.0B | ||
| Q4 25 | $136.5M | $1.0B | ||
| Q3 25 | $135.4M | $1.0B | ||
| Q2 25 | $135.1M | $1.1B | ||
| Q1 25 | $126.2M | $969.3M | ||
| Q4 24 | $121.8M | $1.0B | ||
| Q3 24 | $125.6M | $1.0B | ||
| Q2 24 | $125.6M | $1.0B |
净利润PRLBVMI
| Q1 26 | — | $108.0M | ||
| Q4 25 | — | $168.0M | ||
| Q3 25 | $7.2M | $99.0M | ||
| Q2 25 | $4.4M | $-4.0M | ||
| Q1 25 | $3.6M | $87.3M | ||
| Q4 24 | — | $77.7M | ||
| Q3 24 | $7.2M | $83.1M | ||
| Q2 24 | $4.5M | $99.7M |
毛利率PRLBVMI
| Q1 26 | — | 30.8% | ||
| Q4 25 | 44.2% | 29.8% | ||
| Q3 25 | 45.3% | 30.4% | ||
| Q2 25 | 44.3% | 30.6% | ||
| Q1 25 | 44.1% | 30.0% | ||
| Q4 24 | 42.7% | 30.2% | ||
| Q3 24 | 45.6% | 29.6% | ||
| Q2 24 | 45.0% | 30.8% |
营业利润率PRLBVMI
| Q1 26 | — | 15.1% | ||
| Q4 25 | 5.0% | 11.2% | ||
| Q3 25 | 6.5% | 13.5% | ||
| Q2 25 | 3.7% | 2.8% | ||
| Q1 25 | 3.6% | 13.2% | ||
| Q4 24 | -1.2% | 11.6% | ||
| Q3 24 | 6.8% | 12.3% | ||
| Q2 24 | 4.8% | 14.2% |
净利率PRLBVMI
| Q1 26 | — | 10.5% | ||
| Q4 25 | — | 16.2% | ||
| Q3 25 | 5.3% | 9.5% | ||
| Q2 25 | 3.3% | -0.4% | ||
| Q1 25 | 2.9% | 9.0% | ||
| Q4 24 | — | 7.5% | ||
| Q3 24 | 5.7% | 8.1% | ||
| Q2 24 | 3.6% | 9.6% |
每股收益（稀释后）PRLBVMI
| Q1 26 | — | $5.51 | ||
| Q4 25 | $0.25 | $9.02 | ||
| Q3 25 | $0.30 | $4.98 | ||
| Q2 25 | $0.18 | $-1.53 | ||
| Q1 25 | $0.15 | $4.32 | ||
| Q4 24 | $-0.01 | $3.85 | ||
| Q3 24 | $0.29 | $4.11 | ||
| Q2 24 | $0.18 | $4.91 |
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 | $160.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $673.9M | $1.7B |
| 总资产 | $763.4M | $3.4B |
| 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PRLBVMI
| Q1 26 | — | $160.2M | ||
| Q4 25 | $128.1M | $187.1M | ||
| Q3 25 | $119.2M | $226.1M | ||
| Q2 25 | $103.2M | $208.5M | ||
| Q1 25 | $96.8M | $184.4M | ||
| Q4 24 | $103.1M | $164.3M | ||
| Q3 24 | $100.5M | $200.5M | ||
| Q2 24 | $112.9M | $163.1M |
总债务PRLBVMI
| Q1 26 | — | — | ||
| Q4 25 | — | $795.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $730.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益PRLBVMI
| Q1 26 | — | $1.7B | ||
| Q4 25 | $673.9M | $1.6B | ||
| Q3 25 | $664.7M | $1.6B | ||
| Q2 25 | $664.7M | $1.5B | ||
| Q1 25 | $656.8M | $1.6B | ||
| Q4 24 | $670.2M | $1.5B | ||
| Q3 24 | $680.0M | $1.5B | ||
| Q2 24 | $685.2M | $1.5B |
总资产PRLBVMI
| Q1 26 | — | $3.4B | ||
| Q4 25 | $763.4M | $3.4B | ||
| Q3 25 | $756.9M | $3.4B | ||
| Q2 25 | $743.3M | $3.3B | ||
| Q1 25 | $737.5M | $3.4B | ||
| Q4 24 | $743.5M | $3.3B | ||
| Q3 24 | $753.8M | $3.5B | ||
| Q2 24 | $758.2M | $3.5B |
负债/权益比PRLBVMI
| Q1 26 | — | — | ||
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.47× | ||
| 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 | $16.5M | — |
| 自由现金流经营现金流 - 资本支出 | $8.4M | — |
| 自由现金流率自由现金流/营收 | 6.2% | — |
| 资本支出强度资本支出/营收 | 5.9% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流PRLBVMI
| Q1 26 | — | — | ||
| Q4 25 | $16.5M | $111.2M | ||
| Q3 25 | $29.1M | $112.5M | ||
| Q2 25 | $10.6M | $167.6M | ||
| Q1 25 | $18.4M | $65.1M | ||
| Q4 24 | $17.3M | $193.4M | ||
| Q3 24 | $24.8M | $225.1M | ||
| Q2 24 | $14.4M | $130.8M |
自由现金流PRLBVMI
| Q1 26 | — | — | ||
| Q4 25 | $8.4M | $70.4M | ||
| Q3 25 | $25.0M | $70.6M | ||
| Q2 25 | $9.1M | $135.6M | ||
| Q1 25 | $17.1M | $34.8M | ||
| Q4 24 | $16.5M | $167.8M | ||
| Q3 24 | $23.2M | $204.6M | ||
| Q2 24 | $10.2M | $112.5M |
自由现金流率PRLBVMI
| Q1 26 | — | — | ||
| Q4 25 | 6.2% | 6.8% | ||
| Q3 25 | 18.5% | 6.7% | ||
| Q2 25 | 6.7% | 12.9% | ||
| Q1 25 | 13.6% | 3.6% | ||
| Q4 24 | 13.5% | 16.2% | ||
| Q3 24 | 18.5% | 20.1% | ||
| Q2 24 | 8.2% | 10.8% |
资本支出强度PRLBVMI
| Q1 26 | — | — | ||
| Q4 25 | 5.9% | 3.9% | ||
| Q3 25 | 3.0% | 4.0% | ||
| Q2 25 | 1.1% | 3.0% | ||
| Q1 25 | 1.0% | 3.1% | ||
| Q4 24 | 0.7% | 2.5% | ||
| Q3 24 | 1.2% | 2.0% | ||
| Q2 24 | 3.3% | 1.8% |
现金转化率PRLBVMI
| Q1 26 | — | — | ||
| Q4 25 | — | 0.66× | ||
| Q3 25 | 4.03× | 1.14× | ||
| Q2 25 | 2.39× | — | ||
| Q1 25 | 5.11× | 0.75× | ||
| Q4 24 | — | 2.49× | ||
| Q3 24 | 3.44× | 2.71× | ||
| Q2 24 | 3.18× | 1.31× |
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% |
VMI
| Infrastructure | $803.2M | 78% |
| Agriculture | $226.0M | 22% |
