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AMC Networks Inc.（AMCX）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
AMC Networks Inc.的季度营收约是BOSTON BEER CO INC的1.3倍（$594.8M vs $461.6M），AMC Networks Inc.同比增速更快（-0.8% vs -4.1%），过去两年AMC Networks Inc.的营收复合增速更高（-0.1% vs -10.7%）
AMC网络公司是总部位于纽约市的美国独立大众传媒娱乐集团，旗下拥有AMC、BBC美国台、IFC、圣丹斯电视、We TV等多个有线频道，还经营纽约IFC中心艺术影院、独立电影公司、动漫版权发行商，以及AMC+、Acorn TV等多个付费订阅流媒体服务。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
AMCX vs SAM — 直观对比
营收规模更大
AMCX
是对方的1.3倍
$461.6M
营收增速更快
AMCX
高出3.4%
-4.1%
两年增速更快
AMCX
近两年复合增速
-10.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $594.8M | $461.6M |
| 净利润 | $-55.5M | — |
| 毛利率 | 49.7% | 46.4% |
| 营业利润率 | -8.6% | 12.4% |
| 净利率 | -9.3% | — |
| 营收同比 | -0.8% | -4.1% |
| 净利润同比 | 80.5% | — |
| 每股收益（稀释后） | $-0.97 | $2.16 |
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AMCXSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $594.8M | $385.7M | ||
| Q3 25 | $561.7M | $537.5M | ||
| Q2 25 | $600.0M | $587.9M | ||
| Q1 25 | $555.2M | $453.9M | ||
| Q4 24 | $599.3M | $402.3M | ||
| Q3 24 | $599.6M | $605.5M | ||
| Q2 24 | $625.9M | $579.1M |
净利润AMCXSAM
| Q1 26 | — | — | ||
| Q4 25 | $-55.5M | $-22.5M | ||
| Q3 25 | $76.5M | $46.2M | ||
| Q2 25 | $50.3M | $60.4M | ||
| Q1 25 | $18.0M | $24.4M | ||
| Q4 24 | $-284.5M | $-38.8M | ||
| Q3 24 | $41.4M | $33.5M | ||
| Q2 24 | $-29.2M | $52.3M |
毛利率AMCXSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | 49.7% | 43.5% | ||
| Q3 25 | 48.2% | 50.8% | ||
| Q2 25 | 52.7% | 49.8% | ||
| Q1 25 | 51.8% | 48.3% | ||
| Q4 24 | 51.2% | 39.9% | ||
| Q3 24 | 52.0% | 46.3% | ||
| Q2 24 | 55.2% | 46.0% |
营业利润率AMCXSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | -8.6% | -8.6% | ||
| Q3 25 | 9.9% | 11.5% | ||
| Q2 25 | 10.7% | 14.0% | ||
| Q1 25 | 11.6% | 7.4% | ||
| Q4 24 | -42.4% | -13.9% | ||
| Q3 24 | 15.6% | 7.6% | ||
| Q2 24 | 1.7% | 12.2% |
净利率AMCXSAM
| Q1 26 | — | — | ||
| Q4 25 | -9.3% | -5.8% | ||
| Q3 25 | 13.6% | 8.6% | ||
| Q2 25 | 8.4% | 10.3% | ||
| Q1 25 | 3.3% | 5.4% | ||
| Q4 24 | -47.5% | -9.6% | ||
| Q3 24 | 6.9% | 5.5% | ||
| Q2 24 | -4.7% | 9.0% |
每股收益（稀释后）AMCXSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | $-0.97 | $-1.97 | ||
| Q3 25 | $1.38 | $4.25 | ||
| Q2 25 | $0.91 | $5.45 | ||
| Q1 25 | $0.34 | $2.16 | ||
| Q4 24 | $-6.23 | $-3.23 | ||
| Q3 24 | $0.76 | $2.86 | ||
| Q2 24 | $-0.66 | $4.39 |
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 | $502.4M | $164.1M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $981.9M | $682.6M |
| 总资产 | $3.9B | $1.2B |
| 负债/权益比越低杠杆越低 | 1.78× | — |
8季度趋势，按日历期对齐
现金及短期投资AMCXSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | $502.4M | $223.4M | ||
| Q3 25 | $716.8M | $250.5M | ||
| Q2 25 | $866.4M | $212.4M | ||
| Q1 25 | $870.2M | $152.5M | ||
| Q4 24 | $784.6M | $211.8M | ||
| Q3 24 | $816.4M | $255.6M | ||
| Q2 24 | $802.6M | $219.3M |
总债务AMCXSAM
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.4B | — |
股东权益AMCXSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $981.9M | $846.3M | ||
| Q3 25 | $1.1B | $911.0M | ||
| Q2 25 | $971.7M | $912.3M | ||
| Q1 25 | $888.8M | $897.0M | ||
| Q4 24 | $855.6M | $916.2M | ||
| Q3 24 | $1.1B | $1.0B | ||
| Q2 24 | $1.1B | $1.0B |
总资产AMCXSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $3.9B | $1.2B | ||
| Q3 25 | $4.2B | $1.2B | ||
| Q2 25 | $4.4B | $1.3B | ||
| Q1 25 | $4.3B | $1.2B | ||
| Q4 24 | $4.4B | $1.3B | ||
| Q3 24 | $4.8B | $1.4B | ||
| Q2 24 | $4.9B | $1.4B |
负债/权益比AMCXSAM
| Q1 26 | — | — | ||
| Q4 25 | 1.78× | — | ||
| Q3 25 | 1.82× | — | ||
| Q2 25 | 2.27× | — | ||
| Q1 25 | 2.62× | — | ||
| Q4 24 | 2.73× | — | ||
| Q3 24 | 2.10× | — | ||
| Q2 24 | 2.26× | — |
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 | $49.2M | — |
| 自由现金流经营现金流 - 资本支出 | $40.4M | — |
| 自由现金流率自由现金流/营收 | 6.8% | — |
| 资本支出强度资本支出/营收 | 1.5% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $272.4M | — |
8季度趋势，按日历期对齐
经营现金流AMCXSAM
| Q1 26 | — | — | ||
| Q4 25 | $49.2M | $39.9M | ||
| Q3 25 | $44.8M | $101.8M | ||
| Q2 25 | $102.8M | $126.5M | ||
| Q1 25 | $108.8M | $1.9M | ||
| Q4 24 | $58.1M | $41.9M | ||
| Q3 24 | $62.2M | $115.9M | ||
| Q2 24 | $104.4M | $96.0M |
自由现金流AMCXSAM
| Q1 26 | — | — | ||
| Q4 25 | $40.4M | $22.1M | ||
| Q3 25 | $42.0M | $89.2M | ||
| Q2 25 | $95.7M | $112.2M | ||
| Q1 25 | $94.2M | $-8.0M | ||
| Q4 24 | $37.6M | $18.4M | ||
| Q3 24 | $53.9M | $99.2M | ||
| Q2 24 | $95.2M | $75.6M |
自由现金流率AMCXSAM
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 5.7% | ||
| Q3 25 | 7.5% | 16.6% | ||
| Q2 25 | 16.0% | 19.1% | ||
| Q1 25 | 17.0% | -1.8% | ||
| Q4 24 | 6.3% | 4.6% | ||
| Q3 24 | 9.0% | 16.4% | ||
| Q2 24 | 15.2% | 13.1% |
资本支出强度AMCXSAM
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | 4.6% | ||
| Q3 25 | 0.5% | 2.3% | ||
| Q2 25 | 1.2% | 2.4% | ||
| Q1 25 | 2.6% | 2.2% | ||
| Q4 24 | 3.4% | 5.8% | ||
| Q3 24 | 1.4% | 2.8% | ||
| Q2 24 | 1.5% | 3.5% |
现金转化率AMCXSAM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.59× | 2.21× | ||
| Q2 25 | 2.04× | 2.09× | ||
| Q1 25 | 6.03× | 0.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.50× | 3.46× | ||
| Q2 24 | — | 1.83× |
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
AMCX
| Subscription And Circulation | $314.8M | 53% |
| Advertising | $124.9M | 21% |
| Other | $79.1M | 13% |
| License | $74.8M | 13% |
| Related Party | $1.2M | 0% |
SAM
暂无分部数据
