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豪瑞（AMRZ）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豪瑞的1.2倍（$4.3B vs $3.7B），皇家加勒比集团净利率更高（17.9% vs 14.8%，领先3.1%），皇家加勒比集团同比增速更快（13.2% vs 6.6%）
豪瑞是总部位于瑞士的全球领先建筑材料及骨料供应商，为豪瑞集团旗下核心业务板块。原公司于2015年7月10日与拉法基合并组建拉法基豪瑞，2021年正式更名为豪瑞集团，合并完成后豪瑞品牌仍在集团内正常运营。
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。
AMRZ vs RCL — 直观对比
营收规模更大
RCL
是对方的1.2倍
$3.7B
营收增速更快
RCL
高出6.6%
6.6%
净利率更高
RCL
高出3.1%
14.8%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.7B | $4.3B |
| 净利润 | $545.0M | $762.0M |
| 毛利率 | 29.6% | — |
| 营业利润率 | 21.2% | 21.9% |
| 净利率 | 14.8% | 17.9% |
| 营收同比 | 6.6% | 13.2% |
| 净利润同比 | -1.4% | 36.3% |
| 每股收益（稀释后） | $0.98 | $2.76 |
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AMRZRCL
| Q1 26 | — | $4.3B | ||
| Q4 25 | — | $4.3B | ||
| Q3 25 | $3.7B | $5.1B | ||
| Q2 25 | $3.2B | $4.5B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $3.8B | ||
| Q3 24 | $3.4B | $4.9B | ||
| Q2 24 | $3.2B | $4.1B |
净利润AMRZRCL
| Q1 26 | — | $762.0M | ||
| Q4 25 | — | $753.0M | ||
| Q3 25 | $545.0M | $1.6B | ||
| Q2 25 | $429.0M | $1.2B | ||
| Q1 25 | — | $730.0M | ||
| Q4 24 | — | $552.0M | ||
| Q3 24 | $553.0M | $1.1B | ||
| Q2 24 | $474.0M | $854.0M |
毛利率AMRZRCL
| Q1 26 | — | — | ||
| Q4 25 | — | 47.4% | ||
| Q3 25 | 29.6% | 51.8% | ||
| Q2 25 | 30.0% | 49.7% | ||
| Q1 25 | — | 48.0% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | 30.2% | 51.1% | ||
| Q2 24 | 30.2% | 47.6% |
营业利润率AMRZRCL
| Q1 26 | — | 21.9% | ||
| Q4 25 | — | 21.9% | ||
| Q3 25 | 21.2% | 33.1% | ||
| Q2 25 | 20.8% | 29.3% | ||
| Q1 25 | — | 23.6% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | 24.5% | 33.4% | ||
| Q2 24 | 23.3% | 26.7% |
净利率AMRZRCL
| Q1 26 | — | 17.9% | ||
| Q4 25 | — | 17.7% | ||
| Q3 25 | 14.8% | 30.6% | ||
| Q2 25 | 13.3% | 26.7% | ||
| Q1 25 | — | 18.3% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | 16.0% | 22.7% | ||
| Q2 24 | 14.6% | 20.8% |
每股收益（稀释后）AMRZRCL
| Q1 26 | — | $2.76 | ||
| Q4 25 | — | $2.76 | ||
| Q3 25 | $0.98 | $5.74 | ||
| Q2 25 | $0.78 | $4.41 | ||
| Q1 25 | — | $2.70 | ||
| Q4 24 | — | $2.27 | ||
| Q3 24 | $1.00 | $4.21 | ||
| Q2 24 | $0.86 | $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 | $826.0M | $825.0M |
| 总债务越低越好 | — | $21.3B |
| 股东权益账面价值 | $12.9B | $10.2B |
| 总资产 | $24.0B | $41.6B |
| 负债/权益比越低杠杆越低 | — | 2.08× |
8季度趋势，按日历期对齐
现金及短期投资AMRZRCL
| Q1 26 | — | $825.0M | ||
| Q4 25 | — | $825.0M | ||
| Q3 25 | $826.0M | $432.0M | ||
| Q2 25 | $601.0M | $735.0M | ||
| Q1 25 | — | $386.0M | ||
| Q4 24 | — | $388.0M | ||
| Q3 24 | — | $418.0M | ||
| Q2 24 | — | $391.0M |
总债务AMRZRCL
| Q1 26 | — | $21.3B | ||
| Q4 25 | — | $18.2B | ||
| Q3 25 | — | $17.2B | ||
| Q2 25 | — | $17.6B | ||
| Q1 25 | — | $18.0B | ||
| Q4 24 | — | $18.5B | ||
| Q3 24 | — | $19.0B | ||
| Q2 24 | — | $19.8B |
股东权益AMRZRCL
| Q1 26 | — | $10.2B | ||
| Q4 25 | — | $10.0B | ||
| Q3 25 | $12.9B | $10.1B | ||
| Q2 25 | $12.4B | $9.2B | ||
| Q1 25 | — | $8.0B | ||
| Q4 24 | — | $7.6B | ||
| Q3 24 | $9.8B | $7.0B | ||
| Q2 24 | $9.3B | $6.0B |
总资产AMRZRCL
| Q1 26 | — | $41.6B | ||
| Q4 25 | — | $41.6B | ||
| Q3 25 | $24.0B | $40.1B | ||
| Q2 25 | $23.8B | $38.5B | ||
| Q1 25 | — | $37.5B | ||
| Q4 24 | — | $37.1B | ||
| Q3 24 | — | $37.1B | ||
| Q2 24 | — | $37.0B |
负债/权益比AMRZRCL
| Q1 26 | — | 2.08× | ||
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.70× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | — | 2.26× | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | — | 2.69× | ||
| Q2 24 | — | 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 | $854.0M | $6.5B |
| 自由现金流经营现金流 - 资本支出 | $669.0M | — |
| 自由现金流率自由现金流/营收 | 18.2% | — |
| 资本支出强度资本支出/营收 | 5.0% | — |
| 现金转化率经营现金流/净利润 | 1.57× | 8.48× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流AMRZRCL
| Q1 26 | — | $6.5B | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | $854.0M | $1.5B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $897.0M | ||
| Q2 24 | — | $1.6B |
自由现金流AMRZRCL
| Q1 26 | — | — | ||
| Q4 25 | — | $116.0M | ||
| Q3 25 | $669.0M | $-989.0M | ||
| Q2 25 | — | $910.0M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $915.0M | ||
| Q3 24 | — | $563.0M | ||
| Q2 24 | — | $-567.0M |
自由现金流率AMRZRCL
| Q1 26 | — | — | ||
| Q4 25 | — | 2.7% | ||
| Q3 25 | 18.2% | -19.2% | ||
| Q2 25 | — | 20.1% | ||
| Q1 25 | — | 30.0% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | — | 11.5% | ||
| Q2 24 | — | -13.8% |
资本支出强度AMRZRCL
| Q1 26 | — | — | ||
| Q4 25 | — | 35.4% | ||
| Q3 25 | 5.0% | 47.8% | ||
| Q2 25 | — | 18.4% | ||
| Q1 25 | — | 10.7% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | — | 52.1% |
现金转化率AMRZRCL
| Q1 26 | — | 8.48× | ||
| Q4 25 | — | 2.16× | ||
| Q3 25 | 1.57× | 0.93× | ||
| Q2 25 | — | 1.44× | ||
| Q1 25 | — | 2.23× | ||
| Q4 24 | — | 2.66× | ||
| Q3 24 | — | 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
AMRZ
| Building Materials | $2.8B | 75% |
| Building Envelope | $901.0M | 25% |
| Equity Method Investee | $5.0M | 0% |
RCL
暂无分部数据
