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UL Solutions Inc.（ULS）与URBAN OUTFITTERS INC（URBN）财务数据对比。点击上方公司名可切换其他公司
URBAN OUTFITTERS INC的季度营收约是UL Solutions Inc.的1.9倍（$1.5B vs $789.0M），UL Solutions Inc.净利率更高（8.5% vs 7.6%，领先0.9%），URBAN OUTFITTERS INC同比增速更快（12.3% vs 6.8%），UL Solutions Inc.自由现金流更多（$86.0M vs $-22.8M），过去两年UL Solutions Inc.的营收复合增速更高（8.5% vs 1.4%）
UL是总部位于美国伊利诺伊州诺斯布鲁克的全球私营安全领域企业，旗下设有三大机构：UL研究院、UL标准与倡议部门以及UL Solutions，为全球各行业客户提供标准制定、检测认证、风险管控等专业安全服务，保障产品与运营的合规性与安全性，助力企业可持续发展。
URBN是总部位于美国宾夕法尼亚州费城的跨国生活方式零售企业，旗下Urban Outfitters品牌面向年轻消费群体，产品涵盖男女时装、鞋履、美妆个护、配饰、运动服饰装备、家居用品及音乐周边等，业务覆盖美国、英国、加拿大、部分西欧国家、波兰、阿联酋、科威特、卡塔尔等市场。
ULS vs URBN — 直观对比
营收规模更大
URBN
是对方的1.9倍
$789.0M
营收增速更快
URBN
高出5.5%
6.8%
净利率更高
ULS
高出0.9%
7.6%
自由现金流更多
ULS
多$108.8M
$-22.8M
两年增速更快
ULS
近两年复合增速
1.4%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $789.0M | $1.5B |
| 净利润 | $67.0M | $116.4M |
| 毛利率 | 49.7% | 36.8% |
| 营业利润率 | 15.0% | 9.4% |
| 净利率 | 8.5% | 7.6% |
| 营收同比 | 6.8% | 12.3% |
| 净利润同比 | -17.3% | 13.1% |
| 每股收益（稀释后） | $0.33 | $1.28 |
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ULSURBN
| Q4 25 | $789.0M | $1.5B | ||
| Q3 25 | $783.0M | $1.5B | ||
| Q2 25 | $776.0M | $1.3B | ||
| Q1 25 | $705.0M | $1.6B | ||
| Q4 24 | $739.0M | $1.4B | ||
| Q3 24 | $731.0M | $1.4B | ||
| Q2 24 | $730.0M | $1.2B | ||
| Q1 24 | $670.0M | $1.5B |
净利润ULSURBN
| Q4 25 | $67.0M | $116.4M | ||
| Q3 25 | $100.0M | $143.9M | ||
| Q2 25 | $91.0M | $108.3M | ||
| Q1 25 | $67.0M | $120.3M | ||
| Q4 24 | $81.0M | $102.9M | ||
| Q3 24 | $88.0M | $117.5M | ||
| Q2 24 | $101.0M | $61.8M | ||
| Q1 24 | $56.0M | $47.8M |
毛利率ULSURBN
| Q4 25 | 49.7% | 36.8% | ||
| Q3 25 | 50.3% | 37.6% | ||
| Q2 25 | 49.4% | 36.8% | ||
| Q1 25 | 48.4% | 32.3% | ||
| Q4 24 | 47.4% | 36.5% | ||
| Q3 24 | 49.0% | 36.5% | ||
| Q2 24 | 50.1% | 34.0% | ||
| Q1 24 | 47.6% | 29.2% |
营业利润率ULSURBN
| Q4 25 | 15.0% | 9.4% | ||
| Q3 25 | 19.9% | 11.6% | ||
| Q2 25 | 17.9% | 9.6% | ||
| Q1 25 | 15.5% | 7.7% | ||
| Q4 24 | 15.6% | 9.4% | ||
| Q3 24 | 17.8% | 10.7% | ||
| Q2 24 | 17.3% | 6.2% | ||
| Q1 24 | 13.6% | 3.9% |
净利率ULSURBN
| Q4 25 | 8.5% | 7.6% | ||
| Q3 25 | 12.8% | 9.6% | ||
| Q2 25 | 11.7% | 8.1% | ||
| Q1 25 | 9.5% | 7.4% | ||
| Q4 24 | 11.0% | 7.6% | ||
| Q3 24 | 12.0% | 8.7% | ||
| Q2 24 | 13.8% | 5.1% | ||
| Q1 24 | 8.4% | 3.2% |
每股收益（稀释后）ULSURBN
| Q4 25 | $0.33 | $1.28 | ||
| Q3 25 | $0.49 | $1.58 | ||
| Q2 25 | $0.45 | $1.16 | ||
| Q1 25 | $0.33 | $1.27 | ||
| Q4 24 | $0.40 | $1.10 | ||
| Q3 24 | $0.44 | $1.24 | ||
| Q2 24 | $0.50 | $0.65 | ||
| Q1 24 | $0.28 | $0.51 |
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 | $295.0M | $306.6M |
| 总债务越低越好 | $491.0M | — |
| 股东权益账面价值 | $1.3B | $2.7B |
| 总资产 | $2.9B | $4.9B |
| 负债/权益比越低杠杆越低 | 0.39× | — |
8季度趋势，按日历期对齐
现金及短期投资ULSURBN
| Q4 25 | $295.0M | $306.6M | ||
| Q3 25 | $255.0M | $332.2M | ||
| Q2 25 | $272.0M | $189.4M | ||
| Q1 25 | $267.0M | $290.5M | ||
| Q4 24 | $298.0M | $182.5M | ||
| Q3 24 | $327.0M | $209.1M | ||
| Q2 24 | $295.0M | $174.0M | ||
| Q1 24 | $344.0M | $178.3M |
总债务ULSURBN
| Q4 25 | $491.0M | — | ||
| Q3 25 | $544.0M | — | ||
| Q2 25 | $608.0M | — | ||
| Q1 25 | $653.0M | — | ||
| Q4 24 | $742.0M | — | ||
| Q3 24 | $797.0M | — | ||
| Q2 24 | $810.0M | — | ||
| Q1 24 | $879.0M | — |
股东权益ULSURBN
| Q4 25 | $1.3B | $2.7B | ||
| Q3 25 | $1.2B | $2.6B | ||
| Q2 25 | $1.1B | $2.4B | ||
| Q1 25 | $970.0M | $2.5B | ||
| Q4 24 | $904.0M | $2.4B | ||
| Q3 24 | $872.0M | $2.2B | ||
| Q2 24 | $769.0M | $2.2B | ||
| Q1 24 | $671.0M | $2.1B |
总资产ULSURBN
| Q4 25 | $2.9B | $4.9B | ||
| Q3 25 | $2.9B | $4.7B | ||
| Q2 25 | $2.9B | $4.5B | ||
| Q1 25 | $2.9B | $4.5B | ||
| Q4 24 | $2.8B | $4.5B | ||
| Q3 24 | $2.9B | $4.3B | ||
| Q2 24 | $2.7B | $4.2B | ||
| Q1 24 | $2.8B | $4.1B |
负债/权益比ULSURBN
| Q4 25 | 0.39× | — | ||
| Q3 25 | 0.46× | — | ||
| Q2 25 | 0.56× | — | ||
| Q1 25 | 0.67× | — | ||
| Q4 24 | 0.82× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 1.05× | — | ||
| Q1 24 | 1.31× | — |
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 | $144.0M | $61.1M |
| 自由现金流经营现金流 - 资本支出 | $86.0M | $-22.8M |
| 自由现金流率自由现金流/营收 | 10.9% | -1.5% |
| 资本支出强度资本支出/营收 | 7.4% | 5.5% |
| 现金转化率经营现金流/净利润 | 2.15× | 0.53× |
| 过去12个月自由现金流最近4个季度 | $403.0M | $402.7M |
8季度趋势，按日历期对齐
经营现金流ULSURBN
| Q4 25 | $144.0M | $61.1M | ||
| Q3 25 | $155.0M | $218.0M | ||
| Q2 25 | $147.0M | $33.0M | ||
| Q1 25 | $154.0M | $320.5M | ||
| Q4 24 | $130.0M | $18.5M | ||
| Q3 24 | $150.0M | $105.3M | ||
| Q2 24 | $103.0M | $58.6M | ||
| Q1 24 | $141.0M | $229.2M |
自由现金流ULSURBN
| Q4 25 | $86.0M | $-22.8M | ||
| Q3 25 | $109.0M | $156.6M | ||
| Q2 25 | $105.0M | $-13.1M | ||
| Q1 25 | $103.0M | $281.9M | ||
| Q4 24 | $72.0M | $-26.6M | ||
| Q3 24 | $84.0M | $47.5M | ||
| Q2 24 | $47.0M | $17.5M | ||
| Q1 24 | $84.0M | $180.6M |
自由现金流率ULSURBN
| Q4 25 | 10.9% | -1.5% | ||
| Q3 25 | 13.9% | 10.4% | ||
| Q2 25 | 13.5% | -1.0% | ||
| Q1 25 | 14.6% | 17.2% | ||
| Q4 24 | 9.7% | -2.0% | ||
| Q3 24 | 11.5% | 3.5% | ||
| Q2 24 | 6.4% | 1.5% | ||
| Q1 24 | 12.5% | 12.2% |
资本支出强度ULSURBN
| Q4 25 | 7.4% | 5.5% | ||
| Q3 25 | 5.9% | 4.1% | ||
| Q2 25 | 5.4% | 3.5% | ||
| Q1 25 | 7.2% | 2.4% | ||
| Q4 24 | 7.8% | 3.3% | ||
| Q3 24 | 9.0% | 4.3% | ||
| Q2 24 | 7.7% | 3.4% | ||
| Q1 24 | 8.5% | 3.3% |
现金转化率ULSURBN
| Q4 25 | 2.15× | 0.53× | ||
| Q3 25 | 1.55× | 1.52× | ||
| Q2 25 | 1.62× | 0.30× | ||
| Q1 25 | 2.30× | 2.66× | ||
| Q4 24 | 1.60× | 0.18× | ||
| Q3 24 | 1.70× | 0.90× | ||
| Q2 24 | 1.02× | 0.95× | ||
| Q1 24 | 2.52× | 4.80× |
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
ULS
| Industrial | $352.0M | 45% |
| Ongoing Certification Services | $259.0M | 33% |
| Software And Advisory | $102.0M | 13% |
| Software | $75.0M | 10% |
URBN
| Apparel | $861.4M | 56% |
| Home | $187.0M | 12% |
| Accessories | $182.6M | 12% |
| Subscription Operations | $144.6M | 9% |
| Wholesale Operations | $88.3M | 6% |
| Other | $65.3M | 4% |
