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Atlanticus Holdings Corp（ATLCP）与Madison Square Garden Entertainment Corp.（MSGE）财务数据对比。点击上方公司名可切换其他公司
Atlanticus Holdings Corp的季度营收约是Madison Square Garden Entertainment Corp.的1.7倍（$734.4M vs $424.8M），Madison Square Garden Entertainment Corp.净利率更高（21.8% vs 4.7%，领先17.1%），Atlanticus Holdings Corp同比增速更快（107.8% vs 12.5%），过去两年Atlanticus Holdings Corp的营收复合增速更高（58.9% vs 48.9%）
Atlanticus Holdings Corp是一家总部位于美国的金融科技及消费金融企业，主要服务美国境内信用记录不足或非优质信用的消费者群体，提供消费分期、个人贷款等普惠信贷产品，同时与零售商户及金融机构合作推出定制化灵活信贷解决方案。
麦迪逊广场花园娱乐公司是总部位于美国纽约的体育控股企业，依托麦迪逊广场花园的核心资源，在体育赛事运营、体育IP管理及相关商业化领域拥有深厚行业积累与广泛影响力。
ATLCP vs MSGE — 直观对比
营收规模更大
ATLCP
是对方的1.7倍
$424.8M
营收增速更快
ATLCP
高出95.3%
12.5%
净利率更高
MSGE
高出17.1%
4.7%
两年增速更快
ATLCP
近两年复合增速
48.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $734.4M | $424.8M |
| 净利润 | $34.6M | $92.7M |
| 毛利率 | 92.4% | — |
| 营业利润率 | 6.3% | 38.6% |
| 净利率 | 4.7% | 21.8% |
| 营收同比 | 107.8% | 12.5% |
| 净利润同比 | 11.7% | 22.2% |
| 每股收益（稀释后） | $1.75 | $1.94 |
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ATLCPMSGE
| Q4 25 | $734.4M | $424.8M | ||
| Q3 25 | $494.7M | $154.1M | ||
| Q2 25 | $394.2M | $145.1M | ||
| Q1 25 | $345.2M | $206.0M | ||
| Q4 24 | $353.5M | $377.6M | ||
| Q3 24 | $351.2M | $134.1M | ||
| Q2 24 | $316.0M | $177.6M | ||
| Q1 24 | $290.7M | $191.6M |
净利润ATLCPMSGE
| Q4 25 | $34.6M | $92.7M | ||
| Q3 25 | $25.0M | $-21.7M | ||
| Q2 25 | $30.6M | $-27.2M | ||
| Q1 25 | $31.5M | $8.0M | ||
| Q4 24 | $31.0M | $75.9M | ||
| Q3 24 | $29.5M | $-19.3M | ||
| Q2 24 | $24.3M | $66.9M | ||
| Q1 24 | $26.2M | $2.8M |
毛利率ATLCPMSGE
| Q4 25 | 92.4% | — | ||
| Q3 25 | 92.1% | — | ||
| Q2 25 | 91.4% | — | ||
| Q1 25 | 90.7% | — | ||
| Q4 24 | 89.9% | — | ||
| Q3 24 | 92.0% | — | ||
| Q2 24 | 91.2% | — | ||
| Q1 24 | 90.8% | — |
营业利润率ATLCPMSGE
| Q4 25 | 6.3% | 38.6% | ||
| Q3 25 | 6.6% | -19.3% | ||
| Q2 25 | 10.2% | -17.7% | ||
| Q1 25 | 11.8% | 13.3% | ||
| Q4 24 | 11.3% | 36.8% | ||
| Q3 24 | 10.6% | -13.8% | ||
| Q2 24 | 9.1% | -5.0% | ||
| Q1 24 | 11.3% | 8.8% |
净利率ATLCPMSGE
| Q4 25 | 4.7% | 21.8% | ||
| Q3 25 | 5.0% | -14.0% | ||
| Q2 25 | 7.8% | -18.7% | ||
| Q1 25 | 9.1% | 3.9% | ||
| Q4 24 | 8.8% | 20.1% | ||
| Q3 24 | 8.4% | -14.4% | ||
| Q2 24 | 7.7% | 37.7% | ||
| Q1 24 | 9.0% | 1.5% |
每股收益（稀释后）ATLCPMSGE
| Q4 25 | $1.75 | $1.94 | ||
| Q3 25 | $1.21 | $-0.46 | ||
| Q2 25 | $1.51 | $-0.56 | ||
| Q1 25 | $1.49 | $0.17 | ||
| Q4 24 | $1.42 | $1.56 | ||
| Q3 24 | $1.27 | $-0.40 | ||
| Q2 24 | $0.99 | $1.32 | ||
| Q1 24 | $1.09 | $0.06 |
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 | $621.1M | $157.1M |
| 总债务越低越好 | — | $554.6M |
| 股东权益账面价值 | $608.7M | $36.0M |
| 总资产 | $7.6B | $1.8B |
| 负债/权益比越低杠杆越低 | — | 15.40× |
8季度趋势，按日历期对齐
现金及短期投资ATLCPMSGE
| Q4 25 | $621.1M | $157.1M | ||
| Q3 25 | $425.0M | $29.9M | ||
| Q2 25 | $329.4M | $43.0M | ||
| Q1 25 | $350.4M | $89.0M | ||
| Q4 24 | $375.4M | $54.9M | ||
| Q3 24 | $308.7M | $37.3M | ||
| Q2 24 | $350.9M | $33.3M | ||
| Q1 24 | $444.8M | $28.0M |
总债务ATLCPMSGE
| Q4 25 | — | $554.6M | ||
| Q3 25 | — | $581.7M | ||
| Q2 25 | — | $568.8M | ||
| Q1 25 | — | $577.4M | ||
| Q4 24 | — | $584.7M | ||
| Q3 24 | — | $647.0M | ||
| Q2 24 | — | $599.2M | ||
| Q1 24 | — | $602.5M |
股东权益ATLCPMSGE
| Q4 25 | $608.7M | $36.0M | ||
| Q3 25 | $589.3M | $-65.8M | ||
| Q2 25 | $563.3M | $-13.3M | ||
| Q1 25 | $532.7M | $9.5M | ||
| Q4 24 | $492.9M | $10.3M | ||
| Q3 24 | $457.7M | $-48.7M | ||
| Q2 24 | $433.8M | $-23.2M | ||
| Q1 24 | $416.0M | $-94.6M |
总资产ATLCPMSGE
| Q4 25 | $7.6B | $1.8B | ||
| Q3 25 | $7.1B | $1.7B | ||
| Q2 25 | $3.6B | $1.7B | ||
| Q1 25 | $3.3B | $1.7B | ||
| Q4 24 | $3.3B | $1.6B | ||
| Q3 24 | $3.0B | $1.6B | ||
| Q2 24 | $2.8B | $1.6B | ||
| Q1 24 | $2.8B | $1.5B |
负债/权益比ATLCPMSGE
| Q4 25 | — | 15.40× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 60.61× | ||
| Q4 24 | — | 56.61× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $266.3M | $164.4M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 7.69× | 1.77× |
| 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ATLCPMSGE
| Q4 25 | $266.3M | $164.4M | ||
| Q3 25 | $107.5M | $19.8M | ||
| Q2 25 | $132.7M | $-27.0M | ||
| Q1 25 | $131.6M | $56.8M | ||
| Q4 24 | $122.6M | $112.9M | ||
| Q3 24 | $112.4M | $-27.4M | ||
| Q2 24 | $115.6M | $212.0K | ||
| Q1 24 | $118.8M | $5.8M |
现金转化率ATLCPMSGE
| Q4 25 | 7.69× | 1.77× | ||
| Q3 25 | 4.30× | — | ||
| Q2 25 | 4.34× | — | ||
| Q1 25 | 4.17× | 7.07× | ||
| Q4 24 | 3.96× | 1.49× | ||
| Q3 24 | 3.80× | — | ||
| Q2 24 | 4.76× | 0.00× | ||
| Q1 24 | 4.54× | 2.08× |
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
ATLCP
暂无分部数据
MSGE
| Ticketing And Venue License Fee Revenues | $263.5M | 62% |
| Food Beverage And Merchandise Revenues | $64.3M | 15% |
| Related Party | $43.9M | 10% |
| Arena Licensing Fees And Other Leasing Revenue | $35.2M | 8% |
| Other | $15.9M | 4% |
