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传奇娱乐（ACEL）与FORWARD AIR CORP（FWRD）财务数据对比。点击上方公司名可切换其他公司
FORWARD AIR CORP的季度营收约是传奇娱乐的1.8倍（$631.2M vs $351.6M），传奇娱乐净利率更高（4.2% vs -4.5%，领先8.7%），传奇娱乐同比增速更快（8.5% vs -0.3%），过去两年FORWARD AIR CORP的营收复合增速更高（7.9% vs 6.6%）
传奇娱乐是一家美国大众传媒与电影制作公司，总部位于加利福尼亚州伯班克，由托马斯·图尔于2000年创立。该公司长期与华纳兄弟影业、环球影业、索尼影视、派拉蒙影业等主流制片厂，以及网飞、葫芦等流媒体平台展开合作。
Forward Air Corp是北美领先的轻资产物流运输服务商，核心业务包括加急零担货运、最后一公里配送、多式联运、仓储及供应链解决方案，服务覆盖美加墨地区，主要服务电商、零售、制造、汽车等行业。
ACEL vs FWRD — 直观对比
营收规模更大
FWRD
是对方的1.8倍
$351.6M
营收增速更快
ACEL
高出8.8%
-0.3%
净利率更高
ACEL
高出8.7%
-4.5%
两年增速更快
FWRD
近两年复合增速
6.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $351.6M | $631.2M |
| 净利润 | $14.7M | $-28.3M |
| 毛利率 | — | — |
| 营业利润率 | 7.7% | -0.5% |
| 净利率 | 4.2% | -4.5% |
| 营收同比 | 8.5% | -0.3% |
| 净利润同比 | 0.3% | 22.2% |
| 每股收益（稀释后） | — | $-0.90 |
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ACELFWRD
| Q1 26 | $351.6M | — | ||
| Q4 25 | $341.4M | $631.2M | ||
| Q3 25 | $329.7M | $631.8M | ||
| Q2 25 | $335.9M | $618.8M | ||
| Q1 25 | $323.9M | $613.3M | ||
| Q4 24 | $317.5M | $632.8M | ||
| Q3 24 | $302.2M | $655.9M | ||
| Q2 24 | $309.4M | $643.7M |
净利润ACELFWRD
| Q1 26 | $14.7M | — | ||
| Q4 25 | $16.2M | $-28.3M | ||
| Q3 25 | $13.4M | $-16.3M | ||
| Q2 25 | $7.3M | $-12.6M | ||
| Q1 25 | $14.6M | $-50.6M | ||
| Q4 24 | $8.4M | $-36.4M | ||
| Q3 24 | $4.9M | $-73.4M | ||
| Q2 24 | $14.6M | $-645.4M |
营业利润率ACELFWRD
| Q1 26 | 7.7% | — | ||
| Q4 25 | 8.7% | -0.5% | ||
| Q3 25 | 7.7% | 2.4% | ||
| Q2 25 | 8.0% | 3.2% | ||
| Q1 25 | 8.0% | 0.8% | ||
| Q4 24 | 6.5% | 12.0% | ||
| Q3 24 | 7.2% | 3.5% | ||
| Q2 24 | 7.3% | -170.2% |
净利率ACELFWRD
| Q1 26 | 4.2% | — | ||
| Q4 25 | 4.7% | -4.5% | ||
| Q3 25 | 4.1% | -2.6% | ||
| Q2 25 | 2.2% | -2.0% | ||
| Q1 25 | 4.5% | -8.3% | ||
| Q4 24 | 2.6% | -5.8% | ||
| Q3 24 | 1.6% | -11.2% | ||
| Q2 24 | 4.7% | -100.3% |
每股收益（稀释后）ACELFWRD
| Q1 26 | — | — | ||
| Q4 25 | $0.19 | $-0.90 | ||
| Q3 25 | $0.16 | $-0.52 | ||
| Q2 25 | $0.08 | $-0.41 | ||
| Q1 25 | $0.17 | $-1.68 | ||
| Q4 24 | $0.09 | $-1.69 | ||
| Q3 24 | $0.06 | $-2.66 | ||
| Q2 24 | $0.17 | $-23.47 |
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 | $274.1M | $106.0M |
| 总债务越低越好 | — | $1.7B |
| 股东权益账面价值 | $272.3M | $113.3M |
| 总资产 | $1.1B | $2.7B |
| 负债/权益比越低杠杆越低 | — | 14.89× |
8季度趋势，按日历期对齐
现金及短期投资ACELFWRD
| Q1 26 | $274.1M | — | ||
| Q4 25 | $296.6M | $106.0M | ||
| Q3 25 | $290.2M | $140.4M | ||
| Q2 25 | $264.6M | $95.1M | ||
| Q1 25 | $271.9M | $116.3M | ||
| Q4 24 | $281.3M | $104.9M | ||
| Q3 24 | $265.1M | $136.6M | ||
| Q2 24 | $254.9M | $84.9M |
总债务ACELFWRD
| Q1 26 | — | — | ||
| Q4 25 | $607.4M | $1.7B | ||
| Q3 25 | $595.4M | $1.7B | ||
| Q2 25 | $595.5M | — | ||
| Q1 25 | $580.7M | — | ||
| Q4 24 | $595.4M | — | ||
| Q3 24 | $554.1M | — | ||
| Q2 24 | $565.7M | — |
股东权益ACELFWRD
| Q1 26 | $272.3M | — | ||
| Q4 25 | $269.7M | $113.3M | ||
| Q3 25 | $267.1M | $139.8M | ||
| Q2 25 | $260.5M | $151.8M | ||
| Q1 25 | $259.1M | $154.6M | ||
| Q4 24 | $255.0M | $201.7M | ||
| Q3 24 | $206.7M | $226.1M | ||
| Q2 24 | $209.1M | $283.8M |
总资产ACELFWRD
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $2.7B | ||
| Q3 25 | $1.1B | $2.8B | ||
| Q2 25 | $1.1B | $2.8B | ||
| Q1 25 | $1.0B | $2.8B | ||
| Q4 24 | $1.0B | $2.8B | ||
| Q3 24 | $950.2M | $3.1B | ||
| Q2 24 | $950.3M | $3.1B |
负债/权益比ACELFWRD
| Q1 26 | — | — | ||
| Q4 25 | 2.25× | 14.89× | ||
| Q3 25 | 2.23× | 12.05× | ||
| Q2 25 | 2.29× | — | ||
| Q1 25 | 2.24× | — | ||
| Q4 24 | 2.33× | — | ||
| Q3 24 | 2.68× | — | ||
| Q2 24 | 2.71× | — |
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 | $42.7M | — |
| 自由现金流经营现金流 - 资本支出 | $20.2M | — |
| 自由现金流率自由现金流/营收 | 5.8% | — |
| 资本支出强度资本支出/营收 | — | 1.3% |
| 现金转化率经营现金流/净利润 | 2.92× | — |
| 过去12个月自由现金流最近4个季度 | $64.2M | — |
8季度趋势，按日历期对齐
经营现金流ACELFWRD
| Q1 26 | $42.7M | — | ||
| Q4 25 | $31.1M | — | ||
| Q3 25 | $55.2M | $52.7M | ||
| Q2 25 | $19.8M | — | ||
| Q1 25 | $44.8M | $27.6M | ||
| Q4 24 | $13.5M | $-23.2M | ||
| Q3 24 | $50.1M | $51.2M | ||
| Q2 24 | $28.9M | $-45.2M |
自由现金流ACELFWRD
| Q1 26 | $20.2M | — | ||
| Q4 25 | $16.0M | — | ||
| Q3 25 | $34.2M | $48.6M | ||
| Q2 25 | $-6.2M | — | ||
| Q1 25 | $18.0M | $15.7M | ||
| Q4 24 | $2.1M | $-30.5M | ||
| Q3 24 | $33.1M | $40.7M | ||
| Q2 24 | $11.4M | $-59.6M |
自由现金流率ACELFWRD
| Q1 26 | 5.8% | — | ||
| Q4 25 | 4.7% | — | ||
| Q3 25 | 10.4% | 7.7% | ||
| Q2 25 | -1.9% | — | ||
| Q1 25 | 5.6% | 2.6% | ||
| Q4 24 | 0.7% | -4.8% | ||
| Q3 24 | 11.0% | 6.2% | ||
| Q2 24 | 3.7% | -9.3% |
资本支出强度ACELFWRD
| Q1 26 | — | — | ||
| Q4 25 | 4.4% | 1.3% | ||
| Q3 25 | 6.4% | 0.7% | ||
| Q2 25 | 7.8% | 0.8% | ||
| Q1 25 | 8.3% | 1.9% | ||
| Q4 24 | 3.6% | 1.1% | ||
| Q3 24 | 5.6% | 1.6% | ||
| Q2 24 | 5.7% | 2.2% |
现金转化率ACELFWRD
| Q1 26 | 2.92× | — | ||
| Q4 25 | 1.92× | — | ||
| Q3 25 | 4.13× | — | ||
| Q2 25 | 2.71× | — | ||
| Q1 25 | 3.06× | — | ||
| Q4 24 | 1.62× | — | ||
| Q3 24 | 10.23× | — | ||
| Q2 24 | 1.98× | — |
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
ACEL
| Illinois | $252.8M | 72% |
| Montana (1) | $40.6M | 12% |
| Nevada | $29.3M | 8% |
| Nebraska | $11.4M | 3% |
| Louisiana | $10.1M | 3% |
| Georgia | $6.2M | 2% |
FWRD
| Omni Logistics Segment | $359.8M | 57% |
| Network | $183.9M | 29% |
| Intermodal Segment | $50.2M | 8% |
| Truckload | $41.6M | 7% |
