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Axos Financial, Inc.（AX）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
Madison Square Garden Entertainment Corp.的季度营收约是Axos Financial, Inc.的1.1倍（$424.8M vs $392.2M），Axos Financial, Inc.净利率更高（31.8% vs 21.8%，领先10.0%），过去两年Madison Square Garden Entertainment Corp.的营收复合增速更高（48.9% vs 16.1%）
Axos Financial是总部位于美国内华达州拉斯维加斯的银行控股公司，旗下拥有直销银行Axos Bank，同时提供注册投资顾问服务及电子交易平台，深耕数字化金融赛道，可为用户提供多元便捷的金融服务解决方案。
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。
AX vs MSGE — 直观对比
营收规模更大
MSGE
是对方的1.1倍
$392.2M
净利率更高
AX
高出10.0%
21.8%
两年增速更快
MSGE
近两年复合增速
16.1%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $392.2M | $424.8M |
| 净利润 | $124.7M | $92.7M |
| 毛利率 | — | — |
| 营业利润率 | — | 38.6% |
| 净利率 | 31.8% | 21.8% |
| 营收同比 | — | 12.5% |
| 净利润同比 | 18.5% | 22.2% |
| 每股收益（稀释后） | $2.15 | $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AXMSGE
| Q1 26 | $392.2M | — | ||
| Q4 25 | $385.1M | $424.8M | ||
| Q3 25 | $323.4M | $154.1M | ||
| Q2 25 | $321.4M | $145.1M | ||
| Q1 25 | $308.8M | $206.0M | ||
| Q4 24 | $307.9M | $377.6M | ||
| Q3 24 | $320.7M | $134.1M | ||
| Q2 24 | $290.9M | $177.6M |
净利润AXMSGE
| Q1 26 | $124.7M | — | ||
| Q4 25 | $128.4M | $92.7M | ||
| Q3 25 | $112.4M | $-21.7M | ||
| Q2 25 | $110.7M | $-27.2M | ||
| Q1 25 | $105.2M | $8.0M | ||
| Q4 24 | $104.7M | $75.9M | ||
| Q3 24 | $112.3M | $-19.3M | ||
| Q2 24 | $104.9M | $66.9M |
营业利润率AXMSGE
| Q1 26 | — | — | ||
| Q4 25 | 45.6% | 38.6% | ||
| Q3 25 | 46.3% | -19.3% | ||
| Q2 25 | 48.5% | -17.7% | ||
| Q1 25 | 47.9% | 13.3% | ||
| Q4 24 | 48.8% | 36.8% | ||
| Q3 24 | 49.6% | -13.8% | ||
| Q2 24 | 49.6% | -5.0% |
净利率AXMSGE
| Q1 26 | 31.8% | — | ||
| Q4 25 | 33.3% | 21.8% | ||
| Q3 25 | 34.7% | -14.0% | ||
| Q2 25 | 34.4% | -18.7% | ||
| Q1 25 | 34.1% | 3.9% | ||
| Q4 24 | 34.0% | 20.1% | ||
| Q3 24 | 35.0% | -14.4% | ||
| Q2 24 | 36.0% | 37.7% |
每股收益（稀释后）AXMSGE
| Q1 26 | $2.15 | — | ||
| Q4 25 | $2.22 | $1.94 | ||
| Q3 25 | $1.94 | $-0.46 | ||
| Q2 25 | $1.89 | $-0.56 | ||
| Q1 25 | $1.81 | $0.17 | ||
| Q4 24 | $1.80 | $1.56 | ||
| Q3 24 | $1.93 | $-0.40 | ||
| Q2 24 | $1.75 | $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 | — | $157.1M |
| 总债务越低越好 | — | $554.6M |
| 股东权益账面价值 | $3.1B | $36.0M |
| 总资产 | $29.2B | $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AXMSGE
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $157.1M | ||
| Q3 25 | $2.6B | $29.9M | ||
| Q2 25 | $1.9B | $43.0M | ||
| Q1 25 | $2.0B | $89.0M | ||
| Q4 24 | $2.4B | $54.9M | ||
| Q3 24 | $2.6B | $37.3M | ||
| Q2 24 | $2.0B | $33.3M |
总债务AXMSGE
| Q1 26 | — | — | ||
| Q4 25 | — | $554.6M | ||
| Q3 25 | — | $581.7M | ||
| Q2 25 | $312.7M | $568.8M | ||
| Q1 25 | $377.4M | $577.4M | ||
| Q4 24 | $358.7M | $584.7M | ||
| Q3 24 | $313.5M | $647.0M | ||
| Q2 24 | $325.7M | $599.2M |
股东权益AXMSGE
| Q1 26 | $3.1B | — | ||
| Q4 25 | $2.9B | $36.0M | ||
| Q3 25 | $2.8B | $-65.8M | ||
| Q2 25 | $2.7B | $-13.3M | ||
| Q1 25 | $2.6B | $9.5M | ||
| Q4 24 | $2.5B | $10.3M | ||
| Q3 24 | $2.4B | $-48.7M | ||
| Q2 24 | $2.3B | $-23.2M |
总资产AXMSGE
| Q1 26 | $29.2B | — | ||
| Q4 25 | $28.2B | $1.8B | ||
| Q3 25 | $27.4B | $1.7B | ||
| Q2 25 | $24.8B | $1.7B | ||
| Q1 25 | $24.0B | $1.7B | ||
| Q4 24 | $23.7B | $1.6B | ||
| Q3 24 | $23.6B | $1.6B | ||
| Q2 24 | $22.9B | $1.6B |
负债/权益比AXMSGE
| Q1 26 | — | — | ||
| Q4 25 | — | 15.40× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.14× | 60.61× | ||
| Q4 24 | 0.14× | 56.61× | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.14× | — |
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 | — | $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 | — | 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AXMSGE
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | $164.4M | ||
| Q3 25 | $118.4M | $19.8M | ||
| Q2 25 | $490.3M | $-27.0M | ||
| Q1 25 | $73.7M | $56.8M | ||
| Q4 24 | $162.5M | $112.9M | ||
| Q3 24 | $70.8M | $-27.4M | ||
| Q2 24 | $305.5M | $212.0K |
自由现金流AXMSGE
| Q1 26 | — | — | ||
| Q4 25 | $85.4M | — | ||
| Q3 25 | $109.3M | — | ||
| Q2 25 | $436.1M | — | ||
| Q1 25 | $65.1M | — | ||
| Q4 24 | $156.4M | — | ||
| Q3 24 | $53.0M | — | ||
| Q2 24 | $269.5M | — |
自由现金流率AXMSGE
| Q1 26 | — | — | ||
| Q4 25 | 22.2% | — | ||
| Q3 25 | 33.8% | — | ||
| Q2 25 | 135.7% | — | ||
| Q1 25 | 21.1% | — | ||
| Q4 24 | 50.8% | — | ||
| Q3 24 | 16.5% | — | ||
| Q2 24 | 92.6% | — |
资本支出强度AXMSGE
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 16.9% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 5.5% | — | ||
| Q2 24 | 12.4% | — |
现金转化率AXMSGE
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | 1.77× | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 4.43× | — | ||
| Q1 25 | 0.70× | 7.07× | ||
| Q4 24 | 1.55× | 1.49× | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | 2.91× | 0.00× |
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
AX
| Net Interest Income | $306.3M | 78% |
| Noninterest Income | $86.0M | 22% |
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% |
