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布鲁克菲尔德资产管理（BAM）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.的季度营收约是布鲁克菲尔德资产管理的1.1倍（$1.2B vs $1.1B），布鲁克菲尔德资产管理净利率更高（56.7% vs -237.0%，领先293.6%）
布鲁克菲尔德资产管理有限公司是加美两地的另类资产管理机构，2022年12月从布鲁克菲尔德集团的资管业务分拆成立，在全球范围内管理不动产、基础设施、可再生能源、私募股权及信贷市场等领域的投资。
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。
BAM vs LBTYA — 直观对比
营收规模更大
LBTYA
是对方的1.1倍
$1.1B
净利率更高
BAM
高出293.6%
-237.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $615.0M | $-2.9B |
| 毛利率 | — | 66.8% |
| 营业利润率 | 84.2% | -8.6% |
| 净利率 | 56.7% | -237.0% |
| 营收同比 | — | 187.2% |
| 净利润同比 | — | -230.0% |
| 每股收益（稀释后） | — | $-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
营收BAMLBTYA
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $974.0M | $1.2B | ||
| Q2 25 | $931.0M | $1.3B | ||
| Q1 25 | $954.0M | $1.2B | ||
| Q4 24 | — | $-1.4B | ||
| Q3 24 | $873.0M | $1.9B | ||
| Q2 24 | $821.0M | $1.9B | ||
| Q1 24 | $786.0M | $1.9B |
净利润BAMLBTYA
| Q4 25 | $615.0M | $-2.9B | ||
| Q3 25 | $692.0M | $-90.7M | ||
| Q2 25 | $584.0M | $-2.8B | ||
| Q1 25 | $507.0M | $-1.3B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | $537.0M | $-1.4B | ||
| Q2 24 | $124.0M | $268.1M | ||
| Q1 24 | $373.0M | $510.0M |
毛利率BAMLBTYA
| Q4 25 | — | 66.8% | ||
| Q3 25 | — | 67.5% | ||
| Q2 25 | — | 63.3% | ||
| Q1 25 | — | 65.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 69.4% | ||
| Q2 24 | — | 68.5% | ||
| Q1 24 | — | 65.4% |
营业利润率BAMLBTYA
| Q4 25 | 84.2% | -8.6% | ||
| Q3 25 | 79.1% | -0.7% | ||
| Q2 25 | 70.8% | 2.3% | ||
| Q1 25 | 61.0% | 5.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | 72.5% | 5.2% | ||
| Q2 24 | 80.4% | 1.0% | ||
| Q1 24 | 56.5% | 1.2% |
净利率BAMLBTYA
| Q4 25 | 56.7% | -237.0% | ||
| Q3 25 | 71.0% | -7.5% | ||
| Q2 25 | 62.7% | -220.1% | ||
| Q1 25 | 53.1% | -114.2% | ||
| Q4 24 | — | -158.9% | ||
| Q3 24 | 61.5% | -74.1% | ||
| Q2 24 | 15.1% | 14.3% | ||
| Q1 24 | 47.5% | 26.2% |
每股收益（稀释后）BAMLBTYA
| Q4 25 | — | $-8.66 | ||
| Q3 25 | — | $-0.27 | ||
| Q2 25 | — | $-8.09 | ||
| Q1 25 | — | $-3.84 | ||
| Q4 24 | — | $6.15 | ||
| Q3 24 | — | $-3.95 | ||
| Q2 24 | — | $0.71 | ||
| Q1 24 | — | $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 | $1.6B | $2.2B |
| 总债务越低越好 | — | $7.8B |
| 股东权益账面价值 | $8.9B | $9.7B |
| 总资产 | $17.0B | $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
现金及短期投资BAMLBTYA
| Q4 25 | $1.6B | $2.2B | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $480.0M | $3.1B | ||
| Q1 25 | $332.0M | $2.0B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $3.3B | ||
| Q2 24 | $10.0M | $3.2B | ||
| Q1 24 | — | $2.8B |
总债务BAMLBTYA
| Q4 25 | — | $7.8B | ||
| Q3 25 | — | $7.8B | ||
| Q2 25 | — | $7.8B | ||
| Q1 25 | — | $8.2B | ||
| Q4 24 | — | $8.2B | ||
| Q3 24 | — | $14.9B | ||
| Q2 24 | — | $14.7B | ||
| Q1 24 | — | $14.8B |
股东权益BAMLBTYA
| Q4 25 | $8.9B | $9.7B | ||
| Q3 25 | $8.5B | $12.7B | ||
| Q2 25 | $8.5B | $13.0B | ||
| Q1 25 | $8.5B | $12.6B | ||
| Q4 24 | — | $12.4B | ||
| Q3 24 | $9.0B | $18.7B | ||
| Q2 24 | $3.2B | $18.3B | ||
| Q1 24 | $2.2B | $18.4B |
总资产BAMLBTYA
| Q4 25 | $17.0B | $22.6B | ||
| Q3 25 | $16.5B | $25.4B | ||
| Q2 25 | $16.1B | $27.2B | ||
| Q1 25 | $15.0B | $26.0B | ||
| Q4 24 | — | $25.4B | ||
| Q3 24 | — | $41.8B | ||
| Q2 24 | $4.2B | $40.8B | ||
| Q1 24 | — | $40.6B |
负债/权益比BAMLBTYA
| 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 | $562.0M | $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 | 0.91× | — |
| 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
经营现金流BAMLBTYA
| Q4 25 | $562.0M | $630.9M | ||
| Q3 25 | $745.0M | $301.8M | ||
| Q2 25 | $529.0M | $149.2M | ||
| Q1 25 | $265.0M | $129.2M | ||
| Q4 24 | — | $791.6M | ||
| Q3 24 | $567.0M | $449.5M | ||
| Q2 24 | $159.0M | $546.1M | ||
| Q1 24 | $516.0M | $245.7M |
自由现金流BAMLBTYA
| Q4 25 | — | $193.3M | ||
| Q3 25 | — | $-41.1M | ||
| Q2 25 | — | $-170.1M | ||
| Q1 25 | — | $-114.1M | ||
| Q4 24 | — | $712.9M | ||
| Q3 24 | — | $102.4M | ||
| Q2 24 | — | $256.8M | ||
| Q1 24 | — | $-105.1M |
自由现金流率BAMLBTYA
| Q4 25 | — | 15.7% | ||
| Q3 25 | — | -3.4% | ||
| Q2 25 | — | -13.4% | ||
| Q1 25 | — | -9.7% | ||
| Q4 24 | — | -50.5% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 13.7% | ||
| Q1 24 | — | -5.4% |
资本支出强度BAMLBTYA
| Q4 25 | — | 35.5% | ||
| Q3 25 | — | 28.4% | ||
| Q2 25 | — | 25.2% | ||
| Q1 25 | — | 20.8% | ||
| Q4 24 | — | -5.6% | ||
| Q3 24 | — | 17.9% | ||
| Q2 24 | — | 15.4% | ||
| Q1 24 | — | 18.0% |
现金转化率BAMLBTYA
| Q4 25 | 0.91× | — | ||
| Q3 25 | 1.08× | — | ||
| Q2 25 | 0.91× | — | ||
| Q1 25 | 0.52× | — | ||
| Q4 24 | — | 0.35× | ||
| Q3 24 | 1.06× | — | ||
| Q2 24 | 1.28× | 2.04× | ||
| Q1 24 | 1.38× | 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
BAM
| Incentive Fees | $452.0M | 42% |
| Infrastruture | $332.0M | 31% |
| Private Equity | $174.0M | 16% |
| Renewable Power And Transition | $66.0M | 6% |
| Other | $47.0M | 4% |
| Management And Advisory Fees | $14.0M | 1% |
LBTYA
暂无分部数据
