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ABM INDUSTRIES INC（ABM）与皇家加勒比集团（RCL）财务数据对比。点击上方公司名可切换其他公司
皇家加勒比集团的季度营收约是ABM INDUSTRIES INC的1.9倍（$4.5B vs $2.3B），皇家加勒比集团净利率更高（21.3% vs 1.5%，领先19.8%），皇家加勒比集团同比增速更快（11.3% vs 5.4%），过去两年ABM INDUSTRIES INC的营收复合增速更高（5.3% vs 4.1%）
ABM工业是美国知名的设施管理服务商，1909年由莫里斯·罗森伯格在加利福尼亚州旧金山创立。其业务覆盖电气、照明、能源管理、设施工程、电气化、暖通空调、机电运维、保洁、景观养护、停车场管理、交通配套等多元设施服务领域，为各类客户提供一体化的场地运营解决方案。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
ABM vs RCL — 直观对比
营收规模更大
RCL
是对方的1.9倍
$2.3B
营收增速更快
RCL
高出5.9%
5.4%
净利率更高
RCL
高出19.8%
1.5%
两年增速更快
ABM
近两年复合增速
4.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $4.5B |
| 净利润 | $34.8M | $950.0M |
| 毛利率 | 11.8% | — |
| 营业利润率 | 3.0% | 26.1% |
| 净利率 | 1.5% | 21.3% |
| 营收同比 | 5.4% | 11.3% |
| 净利润同比 | 394.9% | 29.1% |
| 每股收益（稀释后） | $0.56 | $3.48 |
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ABMRCL
| Q1 26 | — | $4.5B | ||
| Q4 25 | $2.3B | $4.3B | ||
| Q3 25 | $2.2B | $5.1B | ||
| Q2 25 | $2.1B | $4.5B | ||
| Q1 25 | $2.1B | $4.0B | ||
| Q4 24 | $2.2B | $3.8B | ||
| Q3 24 | $2.1B | $4.9B | ||
| Q2 24 | $2.0B | $4.1B |
净利润ABMRCL
| Q1 26 | — | $950.0M | ||
| Q4 25 | $34.8M | $753.0M | ||
| Q3 25 | $41.8M | $1.6B | ||
| Q2 25 | $42.2M | $1.2B | ||
| Q1 25 | $43.6M | $730.0M | ||
| Q4 24 | $-11.8M | $552.0M | ||
| Q3 24 | $4.7M | $1.1B | ||
| Q2 24 | $43.8M | $854.0M |
毛利率ABMRCL
| Q1 26 | — | — | ||
| Q4 25 | 11.8% | 47.4% | ||
| Q3 25 | 12.3% | 51.8% | ||
| Q2 25 | 12.8% | 49.7% | ||
| Q1 25 | 12.3% | 48.0% | ||
| Q4 24 | 12.5% | 45.4% | ||
| Q3 24 | 12.6% | 51.1% | ||
| Q2 24 | 12.6% | 47.6% |
营业利润率ABMRCL
| Q1 26 | — | 26.1% | ||
| Q4 25 | 3.0% | 21.9% | ||
| Q3 25 | 3.8% | 33.1% | ||
| Q2 25 | 3.9% | 29.3% | ||
| Q1 25 | 3.7% | 23.6% | ||
| Q4 24 | 0.9% | 16.6% | ||
| Q3 24 | 1.8% | 33.4% | ||
| Q2 24 | 4.0% | 26.7% |
净利率ABMRCL
| Q1 26 | — | 21.3% | ||
| Q4 25 | 1.5% | 17.7% | ||
| Q3 25 | 1.9% | 30.6% | ||
| Q2 25 | 2.0% | 26.7% | ||
| Q1 25 | 2.1% | 18.3% | ||
| Q4 24 | -0.5% | 14.7% | ||
| Q3 24 | 0.2% | 22.7% | ||
| Q2 24 | 2.2% | 20.8% |
每股收益（稀释后）ABMRCL
| Q1 26 | — | $3.48 | ||
| Q4 25 | $0.56 | $2.76 | ||
| Q3 25 | $0.67 | $5.74 | ||
| Q2 25 | $0.67 | $4.41 | ||
| Q1 25 | $0.69 | $2.70 | ||
| Q4 24 | $-0.18 | $2.27 | ||
| Q3 24 | $0.07 | $4.21 | ||
| Q2 24 | $0.69 | $3.11 |
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 | $104.1M | $512.0M |
| 总债务越低越好 | — | $21.1B |
| 股东权益账面价值 | $1.8B | $10.0B |
| 总资产 | $5.3B | $42.0B |
| 负债/权益比越低杠杆越低 | — | 2.11× |
8季度趋势，按日历期对齐
现金及短期投资ABMRCL
| Q1 26 | — | $512.0M | ||
| Q4 25 | $104.1M | $825.0M | ||
| Q3 25 | $69.3M | $432.0M | ||
| Q2 25 | $58.7M | $735.0M | ||
| Q1 25 | $59.0M | $386.0M | ||
| Q4 24 | $64.6M | $388.0M | ||
| Q3 24 | $86.3M | $418.0M | ||
| Q2 24 | $60.7M | $391.0M |
总债务ABMRCL
| Q1 26 | — | $21.1B | ||
| Q4 25 | — | $18.2B | ||
| Q3 25 | — | $17.2B | ||
| Q2 25 | — | $17.6B | ||
| Q1 25 | — | $18.0B | ||
| Q4 24 | — | $18.5B | ||
| Q3 24 | — | $19.0B | ||
| Q2 24 | — | $19.8B |
股东权益ABMRCL
| Q1 26 | — | $10.0B | ||
| Q4 25 | $1.8B | $10.0B | ||
| Q3 25 | $1.8B | $10.1B | ||
| Q2 25 | $1.8B | $9.2B | ||
| Q1 25 | $1.8B | $8.0B | ||
| Q4 24 | $1.8B | $7.6B | ||
| Q3 24 | $1.8B | $7.0B | ||
| Q2 24 | $1.8B | $6.0B |
总资产ABMRCL
| Q1 26 | — | $42.0B | ||
| Q4 25 | $5.3B | $41.6B | ||
| Q3 25 | $5.3B | $40.1B | ||
| Q2 25 | $5.3B | $38.5B | ||
| Q1 25 | $5.2B | $37.5B | ||
| Q4 24 | $5.1B | $37.1B | ||
| Q3 24 | $5.0B | $37.1B | ||
| Q2 24 | $4.9B | $37.0B |
负债/权益比ABMRCL
| Q1 26 | — | 2.11× | ||
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.70× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | — | 2.26× | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | — | 2.69× | ||
| Q2 24 | — | 3.29× |
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 | $133.4M | $1.8B |
| 自由现金流经营现金流 - 资本支出 | $112.7M | — |
| 自由现金流率自由现金流/营收 | 4.9% | — |
| 资本支出强度资本支出/营收 | 0.9% | — |
| 现金转化率经营现金流/净利润 | 3.83× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $155.1M | — |
8季度趋势，按日历期对齐
经营现金流ABMRCL
| Q1 26 | — | $1.8B | ||
| Q4 25 | $133.4M | $1.6B | ||
| Q3 25 | $174.9M | $1.5B | ||
| Q2 25 | $32.3M | $1.7B | ||
| Q1 25 | $-106.2M | $1.6B | ||
| Q4 24 | $30.4M | $1.5B | ||
| Q3 24 | $79.4M | $897.0M | ||
| Q2 24 | $117.0M | $1.6B |
自由现金流ABMRCL
| Q1 26 | — | — | ||
| Q4 25 | $112.7M | $116.0M | ||
| Q3 25 | $150.1M | $-989.0M | ||
| Q2 25 | $15.2M | $910.0M | ||
| Q1 25 | $-122.9M | $1.2B | ||
| Q4 24 | $15.6M | $915.0M | ||
| Q3 24 | $63.9M | $563.0M | ||
| Q2 24 | $101.5M | $-567.0M |
自由现金流率ABMRCL
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 2.7% | ||
| Q3 25 | 6.7% | -19.2% | ||
| Q2 25 | 0.7% | 20.1% | ||
| Q1 25 | -5.8% | 30.0% | ||
| Q4 24 | 0.7% | 24.3% | ||
| Q3 24 | 3.1% | 11.5% | ||
| Q2 24 | 5.0% | -13.8% |
资本支出强度ABMRCL
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 35.4% | ||
| Q3 25 | 1.1% | 47.8% | ||
| Q2 25 | 0.8% | 18.4% | ||
| Q1 25 | 0.8% | 10.7% | ||
| Q4 24 | 0.7% | 14.7% | ||
| Q3 24 | 0.7% | 6.8% | ||
| Q2 24 | 0.8% | 52.1% |
现金转化率ABMRCL
| Q1 26 | — | 1.93× | ||
| Q4 25 | 3.83× | 2.16× | ||
| Q3 25 | 4.18× | 0.93× | ||
| Q2 25 | 0.77× | 1.44× | ||
| Q1 25 | -2.44× | 2.23× | ||
| Q4 24 | — | 2.66× | ||
| Q3 24 | 16.89× | 0.81× | ||
| Q2 24 | 2.67× | 1.84× |
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
ABM
| Facility Service Line Janitorial | $729.5M | 32% |
| Technical Solutions | $298.6M | 13% |
| Aviation | $296.7M | 13% |
| Education | $233.8M | 10% |
| Engineering And Infrastructure Service Line | $211.3M | 9% |
| Engineering And Infrastructure Service Line Operations And Maintenance | $207.2M | 9% |
| Facility Service Line Aviation Services | $134.4M | 6% |
| Facility Service Line Parking And Transportation | $108.0M | 5% |
| Management Reimbursement Revenue | $86.9M | 4% |
RCL
| Passenger ticket revenues | $3.0B | 68% |
| Onboard and other revenues | $1.4B | 32% |
