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ACCO BRANDS Corp（ACCO）与康卡斯特（CMCSA）财务数据对比。点击上方公司名可切换其他公司
康卡斯特的季度营收约是ACCO BRANDS Corp的73.4倍（$31.5B vs $428.8M）。康卡斯特净利率更高（6.9% vs 5.0%，领先1.9%）。康卡斯特同比增速更快（5.3% vs -4.3%）。过去两年ACCO BRANDS Corp的营收复合增速更高（9.3% vs 2.9%）
ACCO Brands是一家美国跨国企业，由财富品牌旗下的ACCO World与通用装订公司GBC合并组建而成，截至2025年，公司董事长兼首席执行官为Thomas W. Tedford，主营办公文具与办公用品相关业务。
康卡斯特是美国跨国大众传媒、电信及娱乐综合集团，总部位于费城康卡斯特中心，旗下NBC环球、纽约业务及其他核心资产总部设于纽约曼哈顿中城洛克菲勒广场30号，2023年位列福布斯全球企业2000强第51位，是全球传媒娱乐领域的头部企业。
ACCO vs CMCSA — 直观对比
营收规模更大
CMCSA
是对方的73.4倍
$428.8M
营收增速更快
CMCSA
高出9.6%
-4.3%
净利率更高
CMCSA
高出1.9%
5.0%
两年增速更快
ACCO
近两年复合增速
2.9%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $428.8M | $31.5B |
| 净利润 | $21.3M | $2.2B |
| 毛利率 | 33.6% | — |
| 营业利润率 | 9.3% | 13.1% |
| 净利率 | 5.0% | 6.9% |
| 营收同比 | -4.3% | 5.3% |
| 净利润同比 | 3.4% | -35.6% |
| 每股收益（稀释后） | $0.23 | $0.60 |
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ACCOCMCSA
| Q1 26 | — | $31.5B | ||
| Q4 25 | $428.8M | $32.3B | ||
| Q3 25 | $383.7M | $31.2B | ||
| Q2 25 | $394.8M | $30.3B | ||
| Q1 25 | $317.4M | $29.9B | ||
| Q4 24 | $448.1M | $31.9B | ||
| Q3 24 | $420.9M | $32.1B | ||
| Q2 24 | $438.3M | $29.7B |
净利润ACCOCMCSA
| Q1 26 | — | $2.2B | ||
| Q4 25 | $21.3M | $2.2B | ||
| Q3 25 | $4.0M | $3.3B | ||
| Q2 25 | $29.2M | $11.1B | ||
| Q1 25 | $-13.2M | $3.4B | ||
| Q4 24 | $20.6M | $4.8B | ||
| Q3 24 | $9.3M | $3.6B | ||
| Q2 24 | $-125.2M | $3.9B |
毛利率ACCOCMCSA
| Q1 26 | — | — | ||
| Q4 25 | 33.6% | — | ||
| Q3 25 | 33.0% | — | ||
| Q2 25 | 32.9% | — | ||
| Q1 25 | 31.4% | — | ||
| Q4 24 | 34.7% | — | ||
| Q3 24 | 32.5% | — | ||
| Q2 24 | 34.8% | — |
营业利润率ACCOCMCSA
| Q1 26 | — | 13.1% | ||
| Q4 25 | 9.3% | 10.8% | ||
| Q3 25 | 6.8% | 17.7% | ||
| Q2 25 | 8.4% | 19.8% | ||
| Q1 25 | -2.1% | 18.9% | ||
| Q4 24 | 9.4% | 15.6% | ||
| Q3 24 | 6.2% | 18.3% | ||
| Q2 24 | -25.4% | 22.3% |
净利率ACCOCMCSA
| Q1 26 | — | 6.9% | ||
| Q4 25 | 5.0% | 6.7% | ||
| Q3 25 | 1.0% | 10.7% | ||
| Q2 25 | 7.4% | 36.7% | ||
| Q1 25 | -4.2% | 11.3% | ||
| Q4 24 | 4.6% | 15.0% | ||
| Q3 24 | 2.2% | 11.3% | ||
| Q2 24 | -28.6% | 13.2% |
每股收益（稀释后）ACCOCMCSA
| Q1 26 | — | $0.60 | ||
| Q4 25 | $0.23 | $0.62 | ||
| Q3 25 | $0.04 | $0.90 | ||
| Q2 25 | $0.31 | $2.98 | ||
| Q1 25 | $-0.14 | $0.89 | ||
| Q4 24 | $0.21 | $1.23 | ||
| Q3 24 | $0.09 | $0.94 | ||
| Q2 24 | $-1.29 | $1.00 |
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 | — | $9.5B |
| 总债务越低越好 | — | $5.4B |
| 股东权益账面价值 | $664.6M | $88.3B |
| 总资产 | $2.3B | $260.0B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资ACCOCMCSA
| Q1 26 | — | $9.5B | ||
| Q4 25 | — | $9.5B | ||
| Q3 25 | — | $9.3B | ||
| Q2 25 | — | $9.7B | ||
| Q1 25 | — | $8.6B | ||
| Q4 24 | — | $7.3B | ||
| Q3 24 | — | $8.9B | ||
| Q2 24 | — | $6.2B |
总债务ACCOCMCSA
| Q1 26 | — | $5.4B | ||
| Q4 25 | — | $93.0B | ||
| Q3 25 | — | $93.2B | ||
| Q2 25 | — | $95.8B | ||
| Q1 25 | — | $92.3B | ||
| Q4 24 | — | $94.2B | ||
| Q3 24 | — | $98.8B | ||
| Q2 24 | — | $97.1B |
股东权益ACCOCMCSA
| Q1 26 | — | $88.3B | ||
| Q4 25 | $664.6M | $96.9B | ||
| Q3 25 | $644.0M | $97.1B | ||
| Q2 25 | $637.3M | $96.9B | ||
| Q1 25 | $606.1M | $86.6B | ||
| Q4 24 | $606.1M | $85.6B | ||
| Q3 24 | $615.5M | $85.8B | ||
| Q2 24 | $617.1M | $83.2B |
总资产ACCOCMCSA
| Q1 26 | — | $260.0B | ||
| Q4 25 | $2.3B | $272.6B | ||
| Q3 25 | $2.3B | $273.0B | ||
| Q2 25 | $2.4B | $273.9B | ||
| Q1 25 | $2.3B | $267.8B | ||
| Q4 24 | $2.2B | $266.2B | ||
| Q3 24 | $2.4B | $269.9B | ||
| Q2 24 | $2.4B | $262.6B |
负债/权益比ACCOCMCSA
| Q1 26 | — | 0.06× | ||
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | 0.99× | ||
| Q1 25 | — | 1.07× | ||
| Q4 24 | — | 1.10× | ||
| Q3 24 | — | 1.15× | ||
| Q2 24 | — | 1.17× |
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 | $30.6M | $6.9B |
| 自由现金流经营现金流 - 资本支出 | — | $3.9B |
| 自由现金流率自由现金流/营收 | — | 12.4% |
| 资本支出强度资本支出/营收 | — | 7.5% |
| 现金转化率经营现金流/净利润 | 1.44× | 3.17× |
| 过去12个月自由现金流最近4个季度 | — | $19.8B |
8季度趋势，按日历期对齐
经营现金流ACCOCMCSA
| Q1 26 | — | $6.9B | ||
| Q4 25 | $30.6M | $8.8B | ||
| Q3 25 | $71.5M | $8.7B | ||
| Q2 25 | $-38.9M | $7.8B | ||
| Q1 25 | $5.5M | $8.3B | ||
| Q4 24 | $52.7M | $8.1B | ||
| Q3 24 | $92.9M | $7.0B | ||
| Q2 24 | $-25.6M | $4.7B |
自由现金流ACCOCMCSA
| Q1 26 | — | $3.9B | ||
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $5.6B | ||
| Q2 25 | — | $5.1B | ||
| Q1 25 | — | $6.0B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $2.0B |
自由现金流率ACCOCMCSA
| Q1 26 | — | 12.4% | ||
| Q4 25 | — | 15.8% | ||
| Q3 25 | — | 18.0% | ||
| Q2 25 | — | 16.9% | ||
| Q1 25 | — | 20.2% | ||
| Q4 24 | — | 13.1% | ||
| Q3 24 | — | 12.8% | ||
| Q2 24 | — | 6.7% |
资本支出强度ACCOCMCSA
| Q1 26 | — | 7.5% | ||
| Q4 25 | — | 11.6% | ||
| Q3 25 | — | 9.8% | ||
| Q2 25 | — | 8.8% | ||
| Q1 25 | — | 7.5% | ||
| Q4 24 | — | 12.3% | ||
| Q3 24 | — | 9.1% | ||
| Q2 24 | — | 9.2% |
现金转化率ACCOCMCSA
| Q1 26 | — | 3.17× | ||
| Q4 25 | 1.44× | 4.08× | ||
| Q3 25 | 17.88× | 2.61× | ||
| Q2 25 | -1.33× | 0.70× | ||
| Q1 25 | — | 2.46× | ||
| Q4 24 | 2.56× | 1.69× | ||
| Q3 24 | 9.99× | 1.93× | ||
| Q2 24 | — | 1.20× |
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
ACCO
| Transferred At Point In Time | $421.6M | 98% |
| Transferred Over Time | $7.2M | 2% |
CMCSA
| Connectivity & Platforms | $20.0B | 63% |
| Content & Experiences | $11.9B | 38% |
