vs
拉夫劳伦（RL）与西湖化学（WLK）财务数据对比。点击上方公司名可切换其他公司
西湖化学的季度营收约是拉夫劳伦的1.1倍（$2.5B vs $2.4B），拉夫劳伦净利率更高（15.0% vs -21.5%，领先36.5%），拉夫劳伦同比增速更快（12.2% vs -10.9%），拉夫劳伦自由现金流更多（$704.0M vs $-16.0M），过去两年拉夫劳伦的营收复合增速更高（23.9% vs -7.7%）
拉夫劳伦是源自美国的跨国时尚巨头，旗下同名高端时尚品牌风靡全球，企业规模达数十亿美元。品牌创始人拉夫劳伦于2015年9月卸任首席执行官，仍留任执行董事长兼首席创意官，主导品牌创意与整体发展方向。
西湖化学是国际知名的石化产品、聚合物及装配式建筑产品生产商与供应商，产品广泛应用于各类消费及工业市场。公司1986年由赵廷箴创立，是美国最大的低密度聚乙烯生产商，位列福布斯全球2000强，业务分为烯烃和乙烯基两大板块，具备乙烯基产品下游一体化生产能力。
RL vs WLK — 直观对比
营收规模更大
WLK
是对方的1.1倍
$2.4B
营收增速更快
RL
高出23.2%
-10.9%
净利率更高
RL
高出36.5%
-21.5%
自由现金流更多
RL
多$720.0M
$-16.0M
两年增速更快
RL
近两年复合增速
-7.7%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $2.5B |
| 净利润 | $361.6M | $-544.0M |
| 毛利率 | 69.9% | 3.4% |
| 营业利润率 | 19.6% | -26.5% |
| 净利率 | 15.0% | -21.5% |
| 营收同比 | 12.2% | -10.9% |
| 净利润同比 | 21.6% | -7871.4% |
| 每股收益（稀释后） | $5.82 | $-4.22 |
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RLWLK
| Q4 25 | $2.4B | $2.5B | ||
| Q3 25 | $2.0B | $2.8B | ||
| Q2 25 | $1.7B | $3.0B | ||
| Q1 25 | $1.7B | $2.8B | ||
| Q4 24 | $2.1B | $2.8B | ||
| Q3 24 | $1.7B | $3.1B | ||
| Q2 24 | $1.5B | $3.2B | ||
| Q1 24 | $1.6B | $3.0B |
净利润RLWLK
| Q4 25 | $361.6M | $-544.0M | ||
| Q3 25 | $207.5M | $-782.0M | ||
| Q2 25 | $220.4M | $-142.0M | ||
| Q1 25 | $129.0M | $-40.0M | ||
| Q4 24 | $297.4M | $7.0M | ||
| Q3 24 | $147.9M | $108.0M | ||
| Q2 24 | $168.6M | $313.0M | ||
| Q1 24 | $90.7M | $174.0M |
毛利率RLWLK
| Q4 25 | 69.9% | 3.4% | ||
| Q3 25 | 68.0% | 8.3% | ||
| Q2 25 | 72.3% | 8.7% | ||
| Q1 25 | 68.7% | 8.2% | ||
| Q4 24 | 68.4% | 11.5% | ||
| Q3 24 | 67.0% | 16.0% | ||
| Q2 24 | 70.5% | 20.7% | ||
| Q1 24 | 66.6% | 15.7% |
营业利润率RLWLK
| Q4 25 | 19.6% | -26.5% | ||
| Q3 25 | 12.2% | -27.0% | ||
| Q2 25 | 15.9% | -3.7% | ||
| Q1 25 | 9.1% | -1.1% | ||
| Q4 24 | 18.2% | 2.3% | ||
| Q3 24 | 10.4% | 5.8% | ||
| Q2 24 | 13.8% | 12.7% | ||
| Q1 24 | 6.9% | 7.5% |
净利率RLWLK
| Q4 25 | 15.0% | -21.5% | ||
| Q3 25 | 10.3% | -27.6% | ||
| Q2 25 | 12.8% | -4.8% | ||
| Q1 25 | 7.6% | -1.4% | ||
| Q4 24 | 13.9% | 0.2% | ||
| Q3 24 | 8.6% | 3.5% | ||
| Q2 24 | 11.1% | 9.8% | ||
| Q1 24 | 5.8% | 5.8% |
每股收益（稀释后）RLWLK
| Q4 25 | $5.82 | $-4.22 | ||
| Q3 25 | $3.32 | $-6.06 | ||
| Q2 25 | $3.52 | $-1.11 | ||
| Q1 25 | $2.03 | $-0.31 | ||
| Q4 24 | $4.66 | $0.07 | ||
| Q3 24 | $2.31 | $0.83 | ||
| Q2 24 | $2.61 | $2.40 | ||
| Q1 24 | $1.37 | $1.34 |
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 | $2.3B | $2.7B |
| 总债务越低越好 | — | $5.6B |
| 股东权益账面价值 | $2.9B | $8.8B |
| 总资产 | $7.8B | $20.0B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资RLWLK
| Q4 25 | $2.3B | $2.7B | ||
| Q3 25 | $1.6B | $1.9B | ||
| Q2 25 | $2.3B | $2.1B | ||
| Q1 25 | $2.1B | $2.3B | ||
| Q4 24 | $2.1B | $2.9B | ||
| Q3 24 | $1.7B | $2.9B | ||
| Q2 24 | $1.8B | $3.0B | ||
| Q1 24 | $1.8B | $3.1B |
总债务RLWLK
| Q4 25 | — | $5.6B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | — | $4.6B | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $4.9B | ||
| Q1 24 | — | $4.9B |
股东权益RLWLK
| Q4 25 | $2.9B | $8.8B | ||
| Q3 25 | $2.6B | $9.4B | ||
| Q2 25 | $2.5B | $10.3B | ||
| Q1 25 | $2.6B | $10.4B | ||
| Q4 24 | $2.5B | $10.5B | ||
| Q3 24 | $2.4B | $10.7B | ||
| Q2 24 | $2.4B | $10.6B | ||
| Q1 24 | $2.5B | $10.3B |
总资产RLWLK
| Q4 25 | $7.8B | $20.0B | ||
| Q3 25 | $7.3B | $19.8B | ||
| Q2 25 | $7.8B | $20.8B | ||
| Q1 25 | $7.0B | $20.7B | ||
| Q4 24 | $7.1B | $20.8B | ||
| Q3 24 | $6.8B | $21.1B | ||
| Q2 24 | $6.6B | $21.1B | ||
| Q1 24 | $6.6B | $21.0B |
负债/权益比RLWLK
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.49× | ||
| Q2 25 | — | 0.45× | ||
| Q1 25 | — | 0.44× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 0.43× | ||
| Q2 24 | — | 0.46× | ||
| Q1 24 | — | 0.47× |
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 | $779.6M | $225.0M |
| 自由现金流经营现金流 - 资本支出 | $704.0M | $-16.0M |
| 自由现金流率自由现金流/营收 | 29.3% | -0.6% |
| 资本支出强度资本支出/营收 | 3.1% | 9.5% |
| 现金转化率经营现金流/净利润 | 2.16× | — |
| 过去12个月自由现金流最近4个季度 | $694.5M | $-530.0M |
8季度趋势，按日历期对齐
经营现金流RLWLK
| Q4 25 | $779.6M | $225.0M | ||
| Q3 25 | $53.2M | $182.0M | ||
| Q2 25 | $176.1M | $135.0M | ||
| Q1 25 | $122.2M | $-77.0M | ||
| Q4 24 | $738.4M | $434.0M | ||
| Q3 24 | $97.2M | $474.0M | ||
| Q2 24 | $277.3M | $237.0M | ||
| Q1 24 | — | $169.0M |
自由现金流RLWLK
| Q4 25 | $704.0M | $-16.0M | ||
| Q3 25 | $-40.6M | $-57.0M | ||
| Q2 25 | $-11.2M | $-132.0M | ||
| Q1 25 | $42.3M | $-325.0M | ||
| Q4 24 | $677.2M | $149.0M | ||
| Q3 24 | $55.5M | $254.0M | ||
| Q2 24 | $243.9M | $6.0M | ||
| Q1 24 | — | $-103.0M |
自由现金流率RLWLK
| Q4 25 | 29.3% | -0.6% | ||
| Q3 25 | -2.0% | -2.0% | ||
| Q2 25 | -0.7% | -4.5% | ||
| Q1 25 | 2.5% | -11.4% | ||
| Q4 24 | 31.6% | 5.2% | ||
| Q3 24 | 3.2% | 8.1% | ||
| Q2 24 | 16.1% | 0.2% | ||
| Q1 24 | — | -3.5% |
资本支出强度RLWLK
| Q4 25 | 3.1% | 9.5% | ||
| Q3 25 | 4.7% | 8.4% | ||
| Q2 25 | 10.9% | 9.0% | ||
| Q1 25 | 4.7% | 8.7% | ||
| Q4 24 | 2.9% | 10.0% | ||
| Q3 24 | 2.4% | 7.1% | ||
| Q2 24 | 2.2% | 7.2% | ||
| Q1 24 | — | 9.1% |
现金转化率RLWLK
| Q4 25 | 2.16× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 0.95× | — | ||
| Q4 24 | 2.48× | 62.00× | ||
| Q3 24 | 0.66× | 4.39× | ||
| Q2 24 | 1.64× | 0.76× | ||
| Q1 24 | — | 0.97× |
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
RL
暂无分部数据
WLK
| Performance Materials | $930.0M | 37% |
| Housing Products | $767.0M | 30% |
| Essential Materials | $702.0M | 28% |
| Infrastructure Products | $134.0M | 5% |
