vs
AMC Networks Inc.（AMCX）与猫途鹰（TRIP）财务数据对比。点击上方公司名可切换其他公司
AMC Networks Inc.的季度营收约是猫途鹰的1.4倍（$594.8M vs $411.0M），猫途鹰净利率更高（-9.2% vs -9.3%，领先0.1%），猫途鹰同比增速更快（0.0% vs -0.8%），AMC Networks Inc.自由现金流更多（$40.4M vs $-122.0M），过去两年猫途鹰的营收复合增速更高（2.0% vs -0.1%）
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。
TripAdvisor是美国知名在线旅游服务企业，旗下运营在线旅行社平台、旅游产品比价网站及移动应用，平台拥有大量用户生成的真实旅行内容，为全球消费者提供出行规划、预订等多元服务。
AMCX vs TRIP — 直观对比
营收规模更大
AMCX
是对方的1.4倍
$411.0M
营收增速更快
TRIP
高出0.8%
-0.8%
净利率更高
TRIP
高出0.1%
-9.3%
自由现金流更多
AMCX
多$162.4M
$-122.0M
两年增速更快
TRIP
近两年复合增速
-0.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $594.8M | $411.0M |
| 净利润 | $-55.5M | $-38.0M |
| 毛利率 | 49.7% | 91.5% |
| 营业利润率 | -8.6% | -8.3% |
| 净利率 | -9.3% | -9.2% |
| 营收同比 | -0.8% | 0.0% |
| 净利润同比 | 80.5% | -3900.0% |
| 每股收益（稀释后） | $-0.97 | $-0.32 |
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AMCXTRIP
| Q4 25 | $594.8M | $411.0M | ||
| Q3 25 | $561.7M | $553.0M | ||
| Q2 25 | $600.0M | $529.0M | ||
| Q1 25 | $555.2M | $398.0M | ||
| Q4 24 | $599.3M | $411.0M | ||
| Q3 24 | $599.6M | $532.0M | ||
| Q2 24 | $625.9M | $497.0M | ||
| Q1 24 | $596.5M | $395.0M |
净利润AMCXTRIP
| Q4 25 | $-55.5M | $-38.0M | ||
| Q3 25 | $76.5M | $53.0M | ||
| Q2 25 | $50.3M | $36.0M | ||
| Q1 25 | $18.0M | $-11.0M | ||
| Q4 24 | $-284.5M | $1.0M | ||
| Q3 24 | $41.4M | $39.0M | ||
| Q2 24 | $-29.2M | $24.0M | ||
| Q1 24 | $45.8M | $-59.0M |
毛利率AMCXTRIP
| Q4 25 | 49.7% | 91.5% | ||
| Q3 25 | 48.2% | 92.6% | ||
| Q2 25 | 52.7% | 92.1% | ||
| Q1 25 | 51.8% | 93.2% | ||
| Q4 24 | 51.2% | 93.4% | ||
| Q3 24 | 52.0% | 92.5% | ||
| Q2 24 | 55.2% | 92.8% | ||
| Q1 24 | 54.5% | 93.7% |
营业利润率AMCXTRIP
| Q4 25 | -8.6% | -8.3% | ||
| Q3 25 | 9.9% | 12.7% | ||
| Q2 25 | 10.7% | 11.2% | ||
| Q1 25 | 11.6% | -3.8% | ||
| Q4 24 | -42.4% | 0.2% | ||
| Q3 24 | 15.6% | 13.2% | ||
| Q2 24 | 1.7% | 7.2% | ||
| Q1 24 | 18.5% | -3.8% |
净利率AMCXTRIP
| Q4 25 | -9.3% | -9.2% | ||
| Q3 25 | 13.6% | 9.6% | ||
| Q2 25 | 8.4% | 6.8% | ||
| Q1 25 | 3.3% | -2.8% | ||
| Q4 24 | -47.5% | 0.2% | ||
| Q3 24 | 6.9% | 7.3% | ||
| Q2 24 | -4.7% | 4.8% | ||
| Q1 24 | 7.7% | -14.9% |
每股收益（稀释后）AMCXTRIP
| Q4 25 | $-0.97 | $-0.32 | ||
| Q3 25 | $1.38 | $0.43 | ||
| Q2 25 | $0.91 | $0.28 | ||
| Q1 25 | $0.34 | $-0.08 | ||
| Q4 24 | $-6.23 | $0.03 | ||
| Q3 24 | $0.76 | $0.27 | ||
| Q2 24 | $-0.66 | $0.17 | ||
| Q1 24 | $1.03 | $-0.43 |
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 | $1.0B |
| 总债务越低越好 | $1.8B | $819.0M |
| 股东权益账面价值 | $981.9M | $645.0M |
| 总资产 | $3.9B | $2.6B |
| 负债/权益比越低杠杆越低 | 1.78× | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资AMCXTRIP
| Q4 25 | $502.4M | $1.0B | ||
| Q3 25 | $716.8M | $1.2B | ||
| Q2 25 | $866.4M | $1.2B | ||
| Q1 25 | $870.2M | $1.2B | ||
| Q4 24 | $784.6M | $1.1B | ||
| Q3 24 | $816.4M | $1.1B | ||
| Q2 24 | $802.6M | $1.2B | ||
| Q1 24 | $690.5M | $1.2B |
总债务AMCXTRIP
| Q4 25 | $1.8B | $819.0M | ||
| Q3 25 | $1.9B | $821.0M | ||
| Q2 25 | $2.2B | $822.0M | ||
| Q1 25 | $2.3B | $1.2B | ||
| Q4 24 | $2.3B | $831.0M | ||
| Q3 24 | $2.3B | $832.0M | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.3B | — |
股东权益AMCXTRIP
| Q4 25 | $981.9M | $645.0M | ||
| Q3 25 | $1.1B | $707.0M | ||
| Q2 25 | $971.7M | $627.0M | ||
| Q1 25 | $888.8M | $643.0M | ||
| Q4 24 | $855.6M | $943.0M | ||
| Q3 24 | $1.1B | $944.0M | ||
| Q2 24 | $1.1B | $857.0M | ||
| Q1 24 | $1.1B | $825.0M |
总资产AMCXTRIP
| Q4 25 | $3.9B | $2.6B | ||
| Q3 25 | $4.2B | $2.8B | ||
| Q2 25 | $4.4B | $2.9B | ||
| Q1 25 | $4.3B | $2.8B | ||
| Q4 24 | $4.4B | $2.6B | ||
| Q3 24 | $4.8B | $2.7B | ||
| Q2 24 | $4.9B | $2.8B | ||
| Q1 24 | $4.9B | $2.7B |
负债/权益比AMCXTRIP
| Q4 25 | 1.78× | 1.27× | ||
| Q3 25 | 1.82× | 1.16× | ||
| Q2 25 | 2.27× | 1.31× | ||
| Q1 25 | 2.62× | 1.81× | ||
| Q4 24 | 2.73× | 0.88× | ||
| Q3 24 | 2.10× | 0.88× | ||
| Q2 24 | 2.26× | — | ||
| Q1 24 | 2.17× | — |
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 | $-103.0M |
| 自由现金流经营现金流 - 资本支出 | $40.4M | $-122.0M |
| 自由现金流率自由现金流/营收 | 6.8% | -29.7% |
| 资本支出强度资本支出/营收 | 1.5% | 4.6% |
| 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 | $163.0M |
8季度趋势，按日历期对齐
经营现金流AMCXTRIP
| Q4 25 | $49.2M | $-103.0M | ||
| Q3 25 | $44.8M | $44.0M | ||
| Q2 25 | $102.8M | $202.0M | ||
| Q1 25 | $108.8M | $102.0M | ||
| Q4 24 | $58.1M | $-3.0M | ||
| Q3 24 | $62.2M | $-43.0M | ||
| Q2 24 | $104.4M | $51.0M | ||
| Q1 24 | $150.9M | $139.0M |
自由现金流AMCXTRIP
| Q4 25 | $40.4M | $-122.0M | ||
| Q3 25 | $42.0M | $25.0M | ||
| Q2 25 | $95.7M | $177.0M | ||
| Q1 25 | $94.2M | $83.0M | ||
| Q4 24 | $37.6M | $-26.0M | ||
| Q3 24 | $53.9M | $-63.0M | ||
| Q2 24 | $95.2M | $36.0M | ||
| Q1 24 | $144.1M | $123.0M |
自由现金流率AMCXTRIP
| Q4 25 | 6.8% | -29.7% | ||
| Q3 25 | 7.5% | 4.5% | ||
| Q2 25 | 16.0% | 33.5% | ||
| Q1 25 | 17.0% | 20.9% | ||
| Q4 24 | 6.3% | -6.3% | ||
| Q3 24 | 9.0% | -11.8% | ||
| Q2 24 | 15.2% | 7.2% | ||
| Q1 24 | 24.2% | 31.1% |
资本支出强度AMCXTRIP
| Q4 25 | 1.5% | 4.6% | ||
| Q3 25 | 0.5% | 3.4% | ||
| Q2 25 | 1.2% | 4.7% | ||
| Q1 25 | 2.6% | 4.8% | ||
| Q4 24 | 3.4% | 5.6% | ||
| Q3 24 | 1.4% | 3.8% | ||
| Q2 24 | 1.5% | 3.0% | ||
| Q1 24 | 1.1% | 4.1% |
现金转化率AMCXTRIP
| Q4 25 | — | — | ||
| Q3 25 | 0.59× | 0.83× | ||
| Q2 25 | 2.04× | 5.61× | ||
| Q1 25 | 6.03× | — | ||
| Q4 24 | — | -3.00× | ||
| Q3 24 | 1.50× | -1.10× | ||
| Q2 24 | — | 2.13× | ||
| Q1 24 | 3.29× | — |
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% |
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |
