vs
Arena Group Holdings, Inc.（AREN）与Liberty Global Ltd.（LBTYA）财务数据对比。点击上方公司名可切换其他公司
Liberty Global Ltd.的季度营收约是Arena Group Holdings, Inc.的43.6倍（$1.2B vs $28.2M）。Arena Group Holdings, Inc.净利率更高（18.9% vs -237.0%，领先255.8%）。Liberty Global Ltd.同比增速更快（187.2% vs -22.0%）。过去两年Arena Group Holdings, Inc.的营收复合增速更高（-1.2% vs -20.4%）
Arena Group Holdings旗下的Arena Racing Company是英国的赛马休闲企业，2012年由Arena Leisure与Northern Racing合并成立。该公司在英国拥有并运营16家赛马场，占英国赛马赛事总量的39%，同时还在多家赛马场配套经营酒店，在三处场地运营高尔夫球场。
自由全球有限公司是一家英荷美合资的跨国电信企业，注册地位于百慕大，在伦敦、阿姆斯特丹和丹佛均设有总部。公司旗下拥有英国自由全球控股有限公司、荷兰自由全球有限公司及美国自由全球公司三大主体，其中英国主体为上市实体。企业由自由媒体国际业务部与UnitedGlobalCom于2005年合并成立，在全球电信服务领域拥有深厚的行业积累。
AREN vs LBTYA — 直观对比
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $28.2M | $1.2B |
| 净利润 | $5.3M | $-2.9B |
| 毛利率 | 43.6% | 66.8% |
| 营业利润率 | 26.6% | -8.6% |
| 净利率 | 18.9% | -237.0% |
| 营收同比 | -22.0% | 187.2% |
| 净利润同比 | -22.5% | -230.0% |
| 每股收益（稀释后） | $0.12 | $-8.66 |
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
| Q4 25 | $28.2M | $1.2B | ||
| Q3 25 | $29.8M | $1.2B | ||
| Q2 25 | $45.0M | $1.3B | ||
| Q1 25 | $31.8M | $1.2B | ||
| Q4 24 | $36.2M | $-1.4B | ||
| Q3 24 | $33.6M | $1.9B | ||
| Q2 24 | $27.2M | $1.9B | ||
| Q1 24 | $28.9M | $1.9B |
| Q4 25 | $5.3M | $-2.9B | ||
| Q3 25 | $6.9M | $-90.7M | ||
| Q2 25 | $108.6M | $-2.8B | ||
| Q1 25 | $4.0M | $-1.3B | ||
| Q4 24 | $6.9M | $2.2B | ||
| Q3 24 | $4.0M | $-1.4B | ||
| Q2 24 | $-8.2M | $268.1M | ||
| Q1 24 | $-103.4M | $510.0M |
| Q4 25 | 43.6% | 66.8% | ||
| Q3 25 | 50.2% | 67.5% | ||
| Q2 25 | 56.5% | 63.3% | ||
| Q1 25 | 49.3% | 65.6% | ||
| Q4 24 | 52.6% | — | ||
| Q3 24 | 50.6% | 69.4% | ||
| Q2 24 | 39.4% | 68.5% | ||
| Q1 24 | 30.9% | 65.4% |
| Q4 25 | 26.6% | -8.6% | ||
| Q3 25 | 31.9% | -0.7% | ||
| Q2 25 | 36.5% | 2.3% | ||
| Q1 25 | 23.1% | 5.2% | ||
| Q4 24 | 28.6% | — | ||
| Q3 24 | 24.0% | 5.2% | ||
| Q2 24 | -9.5% | 1.0% | ||
| Q1 24 | -27.5% | 1.2% |
| Q4 25 | 18.9% | -237.0% | ||
| Q3 25 | 23.1% | -7.5% | ||
| Q2 25 | 241.4% | -220.1% | ||
| Q1 25 | 12.6% | -114.2% | ||
| Q4 24 | 19.0% | -158.9% | ||
| Q3 24 | 11.8% | -74.1% | ||
| Q2 24 | -30.1% | 14.3% | ||
| Q1 24 | -357.1% | 26.2% |
| Q4 25 | $0.12 | $-8.66 | ||
| Q3 25 | $0.14 | $-0.27 | ||
| Q2 25 | $2.28 | $-8.09 | ||
| Q1 25 | $0.08 | $-3.84 | ||
| Q4 24 | $1.23 | $6.15 | ||
| Q3 24 | $0.11 | $-3.95 | ||
| Q2 24 | $-0.28 | $0.71 | ||
| Q1 24 | $-3.91 | $1.32 |
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 | $10.3M | $2.2B |
| 总债务越低越好 | $97.6M | $7.8B |
| 股东权益账面价值 | $-4.8M | $9.7B |
| 总资产 | $112.6M | $22.6B |
| 负债/权益比越低杠杆越低 | — | 0.80× |
8季度趋势，按日历期对齐
| Q4 25 | $10.3M | $2.2B | ||
| Q3 25 | $12.5M | $1.7B | ||
| Q2 25 | $6.8M | $3.1B | ||
| Q1 25 | $2.9M | $2.0B | ||
| Q4 24 | $4.4M | $2.2B | ||
| Q3 24 | $5.8M | $3.3B | ||
| Q2 24 | $6.1M | $3.2B | ||
| Q1 24 | $4.0M | $2.8B |
| Q4 25 | $97.6M | $7.8B | ||
| Q3 25 | $110.5M | $7.8B | ||
| Q2 25 | $110.5M | $7.8B | ||
| Q1 25 | $110.5M | $8.2B | ||
| Q4 24 | $110.4M | $8.2B | ||
| Q3 24 | $102.4M | $14.9B | ||
| Q2 24 | $102.4M | $14.7B | ||
| Q1 24 | $102.3M | $14.8B |
| Q4 25 | $-4.8M | $9.7B | ||
| Q3 25 | $-10.4M | $12.7B | ||
| Q2 25 | $-17.3M | $13.0B | ||
| Q1 25 | $-126.1M | $12.6B | ||
| Q4 24 | $-130.3M | $12.4B | ||
| Q3 24 | $-137.5M | $18.7B | ||
| Q2 24 | $-157.2M | $18.3B | ||
| Q1 24 | $-149.6M | $18.4B |
| Q4 25 | $112.6M | $22.6B | ||
| Q3 25 | $121.4M | $25.4B | ||
| Q2 25 | $127.8M | $27.2B | ||
| Q1 25 | $114.6M | $26.0B | ||
| Q4 24 | $116.4M | $25.4B | ||
| Q3 24 | $114.2M | $41.8B | ||
| Q2 24 | $113.4M | $40.8B | ||
| Q1 24 | $120.3M | $40.6B |
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.61× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | — | 0.80× | ||
| Q2 24 | — | 0.80× | ||
| Q1 24 | — | 0.80× |
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 | $13.1M | $630.9M |
| 自由现金流经营现金流 - 资本支出 | — | $193.3M |
| 自由现金流率自由现金流/营收 | — | 15.7% |
| 资本支出强度资本支出/营收 | — | 35.5% |
| 现金转化率经营现金流/净利润 | 2.46× | — |
| 过去12个月自由现金流最近4个季度 | — | $-132.0M |
8季度趋势，按日历期对齐
| Q4 25 | $13.1M | $630.9M | ||
| Q3 25 | $12.2M | $301.8M | ||
| Q2 25 | $10.3M | $149.2M | ||
| Q1 25 | $3.7M | $129.2M | ||
| Q4 24 | $-8.6M | $791.6M | ||
| Q3 24 | $-2.3M | $449.5M | ||
| Q2 24 | $-3.2M | $546.1M | ||
| Q1 24 | $-2.0M | $245.7M |
| Q4 25 | — | $193.3M | ||
| Q3 25 | — | $-41.1M | ||
| Q2 25 | — | $-170.1M | ||
| Q1 25 | — | $-114.1M | ||
| Q4 24 | — | $712.9M | ||
| Q3 24 | $-2.4M | $102.4M | ||
| Q2 24 | — | $256.8M | ||
| Q1 24 | — | $-105.1M |
| Q4 25 | — | 15.7% | ||
| Q3 25 | — | -3.4% | ||
| Q2 25 | — | -13.4% | ||
| Q1 25 | — | -9.7% | ||
| Q4 24 | — | -50.5% | ||
| Q3 24 | -7.1% | 5.3% | ||
| Q2 24 | — | 13.7% | ||
| Q1 24 | — | -5.4% |
| Q4 25 | — | 35.5% | ||
| Q3 25 | 0.0% | 28.4% | ||
| Q2 25 | — | 25.2% | ||
| Q1 25 | — | 20.8% | ||
| Q4 24 | — | -5.6% | ||
| Q3 24 | 0.1% | 17.9% | ||
| Q2 24 | — | 15.4% | ||
| Q1 24 | — | 18.0% |
| Q4 25 | 2.46× | — | ||
| Q3 25 | 1.77× | — | ||
| Q2 25 | 0.09× | — | ||
| Q1 25 | 0.91× | — | ||
| Q4 24 | -1.25× | 0.35× | ||
| Q3 24 | -0.59× | — | ||
| Q2 24 | — | 2.04× | ||
| Q1 24 | — | 0.48× |
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
AREN
暂无分部数据
LBTYA
| Total Residential Fixed Revenue | $450.7M | 37% |
| JV Reportable Segments | $161.0M | 13% |
| Video | $148.8M | 12% |
| Ireland | $134.0M | 11% |
| Mobile Subscription | $128.6M | 10% |
| Related Party | $93.9M | 8% |
| Reportable Segment | $48.3M | 4% |
| Fixed Line Telephony | $46.6M | 4% |
| Non Subscription Revenue | $9.6M | 1% |
