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ACCO BRANDS Corp（ACCO）与Live Nation Entertainment（LYV）财务数据对比。点击上方公司名可切换其他公司
Live Nation Entertainment的季度营收约是ACCO BRANDS Corp的14.7倍（$6.3B vs $428.8M）。ACCO BRANDS Corp净利率更高（5.0% vs -3.2%，领先8.2%）。Live Nation Entertainment同比增速更快（11.1% vs -4.3%）。过去两年Live Nation Entertainment的营收复合增速更高（28.9% vs 9.3%）
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。
Live Nation Entertainment是美国跨国娱乐企业，2010年由Live Nation与Ticketmaster合并成立，旗下保留运营两大原有品牌。公司业务覆盖全球，主营现场娱乐活动宣发、票务销售，同时持有并运营多家娱乐场馆，还为音乐人提供艺人经纪管理服务。
ACCO vs LYV — 直观对比
营收规模更大
LYV
是对方的14.7倍
$428.8M
营收增速更快
LYV
高出15.4%
-4.3%
净利率更高
ACCO
高出8.2%
-3.2%
两年增速更快
LYV
近两年复合增速
9.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $428.8M | $6.3B |
| 净利润 | $21.3M | $-202.1M |
| 毛利率 | 33.6% | — |
| 营业利润率 | 9.3% | -2.3% |
| 净利率 | 5.0% | -3.2% |
| 营收同比 | -4.3% | 11.1% |
| 净利润同比 | 3.4% | -204.6% |
| 每股收益（稀释后） | $0.23 | $-1.06 |
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ACCOLYV
| Q4 25 | $428.8M | $6.3B | ||
| Q3 25 | $383.7M | $8.5B | ||
| Q2 25 | $394.8M | $7.0B | ||
| Q1 25 | $317.4M | $3.4B | ||
| Q4 24 | $448.1M | $5.7B | ||
| Q3 24 | $420.9M | $7.7B | ||
| Q2 24 | $438.3M | $6.0B | ||
| Q1 24 | $358.9M | $3.8B |
净利润ACCOLYV
| Q4 25 | $21.3M | $-202.1M | ||
| Q3 25 | $4.0M | $431.5M | ||
| Q2 25 | $29.2M | $243.4M | ||
| Q1 25 | $-13.2M | $23.2M | ||
| Q4 24 | $20.6M | $193.2M | ||
| Q3 24 | $9.3M | $451.8M | ||
| Q2 24 | $-125.2M | $298.0M | ||
| Q1 24 | $-6.3M | $-46.7M |
毛利率ACCOLYV
| 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% | — | ||
| Q1 24 | 30.8% | — |
营业利润率ACCOLYV
| Q4 25 | 9.3% | -2.3% | ||
| Q3 25 | 6.8% | 9.3% | ||
| Q2 25 | 8.4% | 6.9% | ||
| Q1 25 | -2.1% | 3.4% | ||
| Q4 24 | 9.4% | -4.3% | ||
| Q3 24 | 6.2% | 8.4% | ||
| Q2 24 | -25.4% | 7.7% | ||
| Q1 24 | 1.6% | -1.0% |
净利率ACCOLYV
| Q4 25 | 5.0% | -3.2% | ||
| Q3 25 | 1.0% | 5.1% | ||
| Q2 25 | 7.4% | 3.5% | ||
| Q1 25 | -4.2% | 0.7% | ||
| Q4 24 | 4.6% | 3.4% | ||
| Q3 24 | 2.2% | 5.9% | ||
| Q2 24 | -28.6% | 4.9% | ||
| Q1 24 | -1.8% | -1.2% |
每股收益（稀释后）ACCOLYV
| Q4 25 | $0.23 | $-1.06 | ||
| Q3 25 | $0.04 | $0.73 | ||
| Q2 25 | $0.31 | $0.41 | ||
| Q1 25 | $-0.14 | $-0.32 | ||
| Q4 24 | $0.21 | $0.58 | ||
| Q3 24 | $0.09 | $1.66 | ||
| Q2 24 | $-1.29 | $1.03 | ||
| Q1 24 | $-0.07 | $-0.53 |
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 | — | $7.1B |
| 总债务越低越好 | — | $7.6B |
| 股东权益账面价值 | $664.6M | $271.0M |
| 总资产 | $2.3B | $22.9B |
| 负债/权益比越低杠杆越低 | — | 28.09× |
8季度趋势，按日历期对齐
现金及短期投资ACCOLYV
| Q4 25 | — | $7.1B | ||
| Q3 25 | — | $6.8B | ||
| Q2 25 | — | $7.1B | ||
| Q1 25 | — | $7.2B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $5.5B | ||
| Q2 24 | — | $6.4B | ||
| Q1 24 | — | $6.5B |
总债务ACCOLYV
| Q4 25 | — | $7.6B | ||
| Q3 25 | — | $6.1B | ||
| Q2 25 | — | $5.0B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $5.7B | ||
| Q2 24 | — | $5.1B | ||
| Q1 24 | — | $5.1B |
股东权益ACCOLYV
| Q4 25 | $664.6M | $271.0M | ||
| Q3 25 | $644.0M | $521.3M | ||
| Q2 25 | $637.3M | $360.1M | ||
| Q1 25 | $606.1M | $106.0M | ||
| Q4 24 | $606.1M | $173.3M | ||
| Q3 24 | $615.5M | $288.0M | ||
| Q2 24 | $617.1M | $-43.3M | ||
| Q1 24 | $758.5M | $-114.8M |
总资产ACCOLYV
| Q4 25 | $2.3B | $22.9B | ||
| Q3 25 | $2.3B | $22.9B | ||
| Q2 25 | $2.4B | $23.2B | ||
| Q1 25 | $2.3B | $21.8B | ||
| Q4 24 | $2.2B | $19.6B | ||
| Q3 24 | $2.4B | $19.7B | ||
| Q2 24 | $2.4B | $20.5B | ||
| Q1 24 | $2.5B | $20.0B |
负债/权益比ACCOLYV
| Q4 25 | — | 28.09× | ||
| Q3 25 | — | 11.71× | ||
| Q2 25 | — | 13.86× | ||
| Q1 25 | — | 55.93× | ||
| Q4 24 | — | 35.65× | ||
| Q3 24 | — | 19.70× | ||
| Q2 24 | — | — | ||
| Q1 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 | $30.6M | $-53.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-405.6M |
| 自由现金流率自由现金流/营收 | — | -6.4% |
| 资本支出强度资本支出/营收 | — | 5.6% |
| 现金转化率经营现金流/净利润 | 1.44× | — |
| 过去12个月自由现金流最近4个季度 | — | $333.6M |
8季度趋势，按日历期对齐
经营现金流ACCOLYV
| Q4 25 | $30.6M | $-53.7M | ||
| Q3 25 | $71.5M | $-95.7M | ||
| Q2 25 | $-38.9M | $223.5M | ||
| Q1 25 | $5.5M | $1.3B | ||
| Q4 24 | $52.7M | $1.0B | ||
| Q3 24 | $92.9M | $-720.9M | ||
| Q2 24 | $-25.6M | $412.1M | ||
| Q1 24 | $28.2M | $988.9M |
自由现金流ACCOLYV
| Q4 25 | — | $-405.6M | ||
| Q3 25 | — | $-371.3M | ||
| Q2 25 | — | $-39.9M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $890.2M | ||
| Q3 24 | — | $-879.0M | ||
| Q2 24 | — | $212.4M | ||
| Q1 24 | — | $854.8M |
自由现金流率ACCOLYV
| Q4 25 | — | -6.4% | ||
| Q3 25 | — | -4.4% | ||
| Q2 25 | — | -0.6% | ||
| Q1 25 | — | 34.0% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | — | -11.5% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 22.5% |
资本支出强度ACCOLYV
| Q4 25 | — | 5.6% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | 5.0% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 3.3% | ||
| Q1 24 | — | 3.5% |
现金转化率ACCOLYV
| Q4 25 | 1.44× | — | ||
| Q3 25 | 17.88× | -0.22× | ||
| Q2 25 | -1.33× | 0.92× | ||
| Q1 25 | — | 56.94× | ||
| Q4 24 | 2.56× | 5.41× | ||
| Q3 24 | 9.99× | -1.60× | ||
| Q2 24 | — | 1.38× | ||
| Q1 24 | — | — |
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% |
LYV
| Concerts | $5.1B | 82% |
| Ticketing | $846.2M | 13% |
| Sponsorship And Advertising | $329.9M | 5% |
