vs
ACCENDRA HEALTH INC（ACH）与嘉年华集团（CCL）财务数据对比。点击上方公司名可切换其他公司
嘉年华集团净利率更高（6.6% vs 4.5%，领先2.1%）。嘉年华集团同比增速更快（6.6% vs 2.4%）。过去两年嘉年华集团的营收复合增速更高（NaN% vs NaN%）
嘉年华集团是全球规模最大的休闲旅游集团，核心业务为邮轮运营，旗下拥有多个全球知名邮轮品牌，每年服务数百万乘客，提供覆盖住宿、餐饮、娱乐、岸上观光的一站式度假体验，航线遍布全球热门目的地。
ACH vs CCL — 直观对比
营收规模更大
CCL
是对方的-5.1倍
$-1.2B
营收增速更快
CCL
高出4.2%
2.4%
净利率更高
CCL
高出2.1%
4.5%
两年增速更快
CCL
近两年复合增速
NaN%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $-1.2B | $6.3B |
| 净利润 | $-56.3M | $421.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 11.6% |
| 净利率 | 4.5% | 6.6% |
| 营收同比 | 2.4% | 6.6% |
| 净利润同比 | 81.0% | 38.9% |
| 每股收益（稀释后） | $-0.75 | $0.33 |
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ACHCCL
| Q4 25 | $-1.2B | $6.3B | ||
| Q3 25 | $697.3M | $8.2B | ||
| Q2 25 | $681.9M | $6.3B | ||
| Q1 25 | $2.6B | $5.8B | ||
| Q4 24 | $-1.3B | $5.9B | ||
| Q3 24 | $686.8M | $7.9B | ||
| Q2 24 | $660.4M | $5.8B | ||
| Q1 24 | $2.6B | $5.4B |
净利润ACHCCL
| Q4 25 | $-56.3M | $421.0M | ||
| Q3 25 | $-150.3M | $1.9B | ||
| Q2 25 | $-869.1M | $565.0M | ||
| Q1 25 | $-25.0M | $-78.0M | ||
| Q4 24 | $-296.1M | $303.0M | ||
| Q3 24 | $-12.8M | $1.7B | ||
| Q2 24 | $-31.9M | $92.0M | ||
| Q1 24 | $-21.9M | $-214.0M |
毛利率ACHCCL
| Q4 25 | — | — | ||
| Q3 25 | 46.2% | 46.2% | ||
| Q2 25 | 47.6% | 38.6% | ||
| Q1 25 | 20.0% | 35.2% | ||
| Q4 24 | — | 35.5% | ||
| Q3 24 | 81.5% | 45.5% | ||
| Q2 24 | 82.4% | 34.3% | ||
| Q1 24 | 20.5% | 31.5% |
营业利润率ACHCCL
| Q4 25 | — | 11.6% | ||
| Q3 25 | 3.8% | 27.9% | ||
| Q2 25 | -5.8% | 14.8% | ||
| Q1 25 | 0.0% | 9.3% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | 4.5% | 27.6% | ||
| Q2 24 | 2.6% | 9.7% | ||
| Q1 24 | 0.4% | 5.1% |
净利率ACHCCL
| Q4 25 | 4.5% | 6.6% | ||
| Q3 25 | -21.6% | 22.7% | ||
| Q2 25 | -127.4% | 8.9% | ||
| Q1 25 | -0.9% | -1.3% | ||
| Q4 24 | 23.1% | 5.1% | ||
| Q3 24 | -1.9% | 22.0% | ||
| Q2 24 | -4.8% | 1.6% | ||
| Q1 24 | -0.8% | -4.0% |
每股收益（稀释后）ACHCCL
| Q4 25 | $-0.75 | $0.33 | ||
| Q3 25 | $-1.94 | $1.33 | ||
| Q2 25 | $-11.30 | $0.42 | ||
| Q1 25 | $-0.32 | $-0.06 | ||
| Q4 24 | $-3.86 | $0.28 | ||
| Q3 24 | $-0.16 | $1.26 | ||
| Q2 24 | $-0.42 | $0.07 | ||
| Q1 24 | $-0.29 | $-0.17 |
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 | $282.0M | $1.9B |
| 总债务越低越好 | $1.8B | $27.4B |
| 股东权益账面价值 | $-461.0M | $12.3B |
| 总资产 | $2.5B | $51.7B |
| 负债/权益比越低杠杆越低 | — | 2.23× |
8季度趋势，按日历期对齐
现金及短期投资ACHCCL
| Q4 25 | $282.0M | $1.9B | ||
| Q3 25 | $32.8M | $1.8B | ||
| Q2 25 | $38.3M | $2.1B | ||
| Q1 25 | $59.4M | $833.0M | ||
| Q4 24 | $27.6M | $1.2B | ||
| Q3 24 | $45.5M | $1.5B | ||
| Q2 24 | $243.7M | $1.6B | ||
| Q1 24 | $244.9M | $2.2B |
总债务ACHCCL
| Q4 25 | $1.8B | $27.4B | ||
| Q3 25 | $1.8B | $27.2B | ||
| Q2 25 | $1.6B | $28.0B | ||
| Q1 25 | $1.9B | $27.7B | ||
| Q4 24 | $1.8B | $28.2B | ||
| Q3 24 | $1.8B | $29.6B | ||
| Q2 24 | $1.9B | $30.2B | ||
| Q1 24 | $1.9B | $31.6B |
股东权益ACHCCL
| Q4 25 | $-461.0M | $12.3B | ||
| Q3 25 | $-429.5M | $11.9B | ||
| Q2 25 | $-281.0M | $10.0B | ||
| Q1 25 | $571.0M | $9.2B | ||
| Q4 24 | $586.4M | $9.3B | ||
| Q3 24 | $895.7M | $8.6B | ||
| Q2 24 | $881.8M | $6.8B | ||
| Q1 24 | $916.0M | $6.7B |
总资产ACHCCL
| Q4 25 | $2.5B | $51.7B | ||
| Q3 25 | $4.0B | $50.8B | ||
| Q2 25 | $4.2B | $51.2B | ||
| Q1 25 | $4.9B | $48.5B | ||
| Q4 24 | $4.7B | $49.1B | ||
| Q3 24 | $5.1B | $49.8B | ||
| Q2 24 | $5.3B | $49.6B | ||
| Q1 24 | $5.2B | $49.8B |
负债/权益比ACHCCL
| Q4 25 | — | 2.23× | ||
| Q3 25 | — | 2.28× | ||
| Q2 25 | — | 2.79× | ||
| Q1 25 | 3.32× | 3.02× | ||
| Q4 24 | 3.07× | 3.05× | ||
| Q3 24 | 2.06× | 3.45× | ||
| Q2 24 | 2.12× | 4.43× | ||
| Q1 24 | 2.12× | 4.72× |
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 | — | $1.5B |
| 自由现金流经营现金流 - 资本支出 | — | $12.0M |
| 自由现金流率自由现金流/营收 | — | 0.2% |
| 资本支出强度资本支出/营收 | — | 23.8% |
| 现金转化率经营现金流/净利润 | — | 3.61× |
| 过去12个月自由现金流最近4个季度 | — | $2.6B |
8季度趋势，按日历期对齐
经营现金流ACHCCL
| Q4 25 | — | $1.5B | ||
| Q3 25 | $-172.5M | $1.4B | ||
| Q2 25 | $37.6M | $2.4B | ||
| Q1 25 | $-35.1M | $925.0M | ||
| Q4 24 | $71.0M | $911.0M | ||
| Q3 24 | $27.3M | $1.2B | ||
| Q2 24 | $116.1M | $2.0B | ||
| Q1 24 | $-53.0M | $1.8B |
自由现金流ACHCCL
| Q4 25 | — | $12.0M | ||
| Q3 25 | $-226.8M | $736.0M | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $318.0M | ||
| Q4 24 | $48.7M | $319.0M | ||
| Q3 24 | $-30.3M | $628.0M | ||
| Q2 24 | $71.8M | $720.0M | ||
| Q1 24 | $-99.0M | $-370.0M |
自由现金流率ACHCCL
| Q4 25 | — | 0.2% | ||
| Q3 25 | -32.5% | 9.0% | ||
| Q2 25 | — | 24.4% | ||
| Q1 25 | — | 5.5% | ||
| Q4 24 | -3.8% | 5.4% | ||
| Q3 24 | -4.4% | 8.0% | ||
| Q2 24 | 10.9% | 12.5% | ||
| Q1 24 | -3.8% | -6.8% |
资本支出强度ACHCCL
| Q4 25 | — | 23.8% | ||
| Q3 25 | 7.8% | 7.9% | ||
| Q2 25 | — | 13.4% | ||
| Q1 25 | — | 10.4% | ||
| Q4 24 | -1.7% | 10.0% | ||
| Q3 24 | 8.4% | 7.3% | ||
| Q2 24 | 6.7% | 22.8% | ||
| Q1 24 | 1.8% | 39.5% |
现金转化率ACHCCL
| Q4 25 | — | 3.61× | ||
| Q3 25 | — | 0.75× | ||
| Q2 25 | — | 4.23× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.01× | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | — | 22.16× | ||
| 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
ACH
暂无分部数据
CCL
| Cruise Passenger Ticket | $4.1B | 64% |
| Other | $2.2B | 34% |
| Cruise | $90.0M | 1% |
| Tour And Other | $29.0M | 0% |
