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爱科（AGCO）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爱科的1.5倍（$4.5B vs $2.9B），皇家加勒比集团净利率更高（21.3% vs 3.3%，领先18.1%），皇家加勒比集团同比增速更快（11.3% vs 1.1%），过去两年皇家加勒比集团的营收复合增速更高（4.1% vs -0.1%）
AGCO是1990年成立的美国农业机械制造商，总部位于佐治亚州德卢斯。公司主营设计、生产及销售拖拉机、联合收割机、青贮收获机、牧草设备、自走式喷雾机、播种耕作设备等产品，同时提供智慧农业相关技术解决方案。
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。
AGCO vs RCL — 直观对比
营收规模更大
RCL
是对方的1.5倍
$2.9B
营收增速更快
RCL
高出10.2%
1.1%
净利率更高
RCL
高出18.1%
3.3%
两年增速更快
RCL
近两年复合增速
-0.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $4.5B |
| 净利润 | $95.5M | $950.0M |
| 毛利率 | 25.4% | — |
| 营业利润率 | 7.9% | 26.1% |
| 净利率 | 3.3% | 21.3% |
| 营收同比 | 1.1% | 11.3% |
| 净利润同比 | 137.3% | 29.1% |
| 每股收益（稀释后） | $1.30 | $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AGCORCL
| Q1 26 | — | $4.5B | ||
| Q4 25 | $2.9B | $4.3B | ||
| Q3 25 | $2.5B | $5.1B | ||
| Q2 25 | $2.6B | $4.5B | ||
| Q1 25 | $2.1B | $4.0B | ||
| Q4 24 | $2.9B | $3.8B | ||
| Q3 24 | $2.6B | $4.9B | ||
| Q2 24 | $3.2B | $4.1B |
净利润AGCORCL
| Q1 26 | — | $950.0M | ||
| Q4 25 | $95.5M | $753.0M | ||
| Q3 25 | $305.7M | $1.6B | ||
| Q2 25 | $314.8M | $1.2B | ||
| Q1 25 | $10.5M | $730.0M | ||
| Q4 24 | $-255.7M | $552.0M | ||
| Q3 24 | $30.0M | $1.1B | ||
| Q2 24 | $-367.1M | $854.0M |
毛利率AGCORCL
| Q1 26 | — | — | ||
| Q4 25 | 25.4% | 47.4% | ||
| Q3 25 | 26.1% | 51.8% | ||
| Q2 25 | 25.0% | 49.7% | ||
| Q1 25 | 25.4% | 48.0% | ||
| Q4 24 | 23.9% | 45.4% | ||
| Q3 24 | 23.2% | 51.1% | ||
| Q2 24 | 25.8% | 47.6% |
营业利润率AGCORCL
| Q1 26 | — | 26.1% | ||
| Q4 25 | 7.9% | 21.9% | ||
| Q3 25 | 6.1% | 33.1% | ||
| Q2 25 | 6.2% | 29.3% | ||
| Q1 25 | 2.4% | 23.6% | ||
| Q4 24 | -9.3% | 16.6% | ||
| Q3 24 | 4.4% | 33.4% | ||
| Q2 24 | -7.4% | 26.7% |
净利率AGCORCL
| Q1 26 | — | 21.3% | ||
| Q4 25 | 3.3% | 17.7% | ||
| Q3 25 | 12.3% | 30.6% | ||
| Q2 25 | 11.9% | 26.7% | ||
| Q1 25 | 0.5% | 18.3% | ||
| Q4 24 | -8.9% | 14.7% | ||
| Q3 24 | 1.2% | 22.7% | ||
| Q2 24 | -11.3% | 20.8% |
每股收益（稀释后）AGCORCL
| Q1 26 | — | $3.48 | ||
| Q4 25 | $1.30 | $2.76 | ||
| Q3 25 | $4.09 | $5.74 | ||
| Q2 25 | $4.22 | $4.41 | ||
| Q1 25 | $0.14 | $2.70 | ||
| Q4 24 | $-3.42 | $2.27 | ||
| Q3 24 | $0.40 | $4.21 | ||
| Q2 24 | $-4.92 | $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 | $861.8M | $512.0M |
| 总债务越低越好 | $2.4B | $21.1B |
| 股东权益账面价值 | $4.3B | $10.0B |
| 总资产 | $11.9B | $42.0B |
| 负债/权益比越低杠杆越低 | 0.56× | 2.11× |
8季度趋势，按日历期对齐
现金及短期投资AGCORCL
| Q1 26 | — | $512.0M | ||
| Q4 25 | $861.8M | $825.0M | ||
| Q3 25 | $884.1M | $432.0M | ||
| Q2 25 | $783.9M | $735.0M | ||
| Q1 25 | $562.6M | $386.0M | ||
| Q4 24 | $612.7M | $388.0M | ||
| Q3 24 | $622.6M | $418.0M | ||
| Q2 24 | $657.3M | $391.0M |
总债务AGCORCL
| Q1 26 | — | $21.1B | ||
| Q4 25 | $2.4B | $18.2B | ||
| Q3 25 | $2.7B | $17.2B | ||
| Q2 25 | $2.8B | $17.6B | ||
| Q1 25 | $2.8B | $18.0B | ||
| Q4 24 | $2.6B | $18.5B | ||
| Q3 24 | $4.0B | $19.0B | ||
| Q2 24 | $3.9B | $19.8B |
股东权益AGCORCL
| Q1 26 | — | $10.0B | ||
| Q4 25 | $4.3B | $10.0B | ||
| Q3 25 | $4.5B | $10.1B | ||
| Q2 25 | $4.2B | $9.2B | ||
| Q1 25 | $3.8B | $8.0B | ||
| Q4 24 | $3.7B | $7.6B | ||
| Q3 24 | $4.1B | $7.0B | ||
| Q2 24 | $4.1B | $6.0B |
总资产AGCORCL
| Q1 26 | — | $42.0B | ||
| Q4 25 | $11.9B | $41.6B | ||
| Q3 25 | $12.5B | $40.1B | ||
| Q2 25 | $12.3B | $38.5B | ||
| Q1 25 | $11.5B | $37.5B | ||
| Q4 24 | $11.2B | $37.1B | ||
| Q3 24 | $13.5B | $37.1B | ||
| Q2 24 | $13.6B | $37.0B |
负债/权益比AGCORCL
| Q1 26 | — | 2.11× | ||
| Q4 25 | 0.56× | 1.81× | ||
| Q3 25 | 0.61× | 1.70× | ||
| Q2 25 | 0.68× | 1.92× | ||
| Q1 25 | 0.74× | 2.26× | ||
| Q4 24 | 0.68× | 2.44× | ||
| Q3 24 | 0.95× | 2.69× | ||
| Q2 24 | 0.95× | 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 | $763.6M | $1.8B |
| 自由现金流经营现金流 - 资本支出 | $675.0M | — |
| 自由现金流率自由现金流/营收 | 23.1% | — |
| 资本支出强度资本支出/营收 | 3.0% | — |
| 现金转化率经营现金流/净利润 | 8.00× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $740.2M | — |
8季度趋势，按日历期对齐
经营现金流AGCORCL
| Q1 26 | — | $1.8B | ||
| Q4 25 | $763.6M | $1.6B | ||
| Q3 25 | $71.0M | $1.5B | ||
| Q2 25 | $365.7M | $1.7B | ||
| Q1 25 | $-212.2M | $1.6B | ||
| Q4 24 | $797.9M | $1.5B | ||
| Q3 24 | $26.5M | $897.0M | ||
| Q2 24 | $235.5M | $1.6B |
自由现金流AGCORCL
| Q1 26 | — | — | ||
| Q4 25 | $675.0M | $116.0M | ||
| Q3 25 | $2.1M | $-989.0M | ||
| Q2 25 | $323.5M | $910.0M | ||
| Q1 25 | $-260.4M | $1.2B | ||
| Q4 24 | $683.9M | $915.0M | ||
| Q3 24 | $-59.8M | $563.0M | ||
| Q2 24 | $137.5M | $-567.0M |
自由现金流率AGCORCL
| Q1 26 | — | — | ||
| Q4 25 | 23.1% | 2.7% | ||
| Q3 25 | 0.1% | -19.2% | ||
| Q2 25 | 12.3% | 20.1% | ||
| Q1 25 | -12.7% | 30.0% | ||
| Q4 24 | 23.7% | 24.3% | ||
| Q3 24 | -2.3% | 11.5% | ||
| Q2 24 | 4.2% | -13.8% |
资本支出强度AGCORCL
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 35.4% | ||
| Q3 25 | 2.8% | 47.8% | ||
| Q2 25 | 1.6% | 18.4% | ||
| Q1 25 | 2.4% | 10.7% | ||
| Q4 24 | 3.9% | 14.7% | ||
| Q3 24 | 3.3% | 6.8% | ||
| Q2 24 | 3.0% | 52.1% |
现金转化率AGCORCL
| Q1 26 | — | 1.93× | ||
| Q4 25 | 8.00× | 2.16× | ||
| Q3 25 | 0.23× | 0.93× | ||
| Q2 25 | 1.16× | 1.44× | ||
| Q1 25 | -20.21× | 2.23× | ||
| Q4 24 | — | 2.66× | ||
| Q3 24 | 0.88× | 0.81× | ||
| Q2 24 | — | 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
AGCO
暂无分部数据
RCL
| Passenger ticket revenues | $3.0B | 68% |
| Onboard and other revenues | $1.4B | 32% |
