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缤客控股（BKNG）与CRH PUBLIC LTD CO（CRH）财务数据对比。点击上方公司名可切换其他公司
CRH PUBLIC LTD CO的季度营收约是缤客控股的1.5倍（$9.4B vs $6.3B），缤客控股同比增速更快（16.0% vs 6.2%），过去两年CRH PUBLIC LTD CO的营收复合增速更高（20.1% vs 19.9%）
缤客控股是全球领先的旅行服务集团，旗下运营Booking.com、Priceline、Agoda、Kayak等知名在线平台，为休闲及商务旅客提供酒店预订、机票订购、租车服务、度假套餐、餐厅预约等服务，业务覆盖全球绝大多数国家和地区，合作数百万家旅游及餐饮商户。
CRH是总部位于爱尔兰都柏林的知名建材供应商，主要生产骨料、水泥等建筑材料，同时制造预拌混凝土、沥青混凝土及基建部件，是北美地区规模最大的建材供应商之一，目前在北美、欧洲、澳大利亚、菲律宾等28个国家设有3816个运营网点。
BKNG vs CRH — 直观对比
营收规模更大
CRH
是对方的1.5倍
$6.3B
营收增速更快
BKNG
高出9.9%
6.2%
两年增速更快
CRH
近两年复合增速
19.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $9.4B |
| 净利润 | — | $1.0B |
| 毛利率 | — | 35.6% |
| 营业利润率 | 32.0% | 14.9% |
| 净利率 | — | 10.9% |
| 营收同比 | 16.0% | 6.2% |
| 净利润同比 | — | 45.8% |
| 每股收益（稀释后） | $43.66 | $1.51 |
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BKNGCRH
| Q4 25 | $6.3B | $9.4B | ||
| Q3 25 | $9.0B | $11.1B | ||
| Q2 25 | $6.8B | $10.2B | ||
| Q1 25 | $4.8B | $6.8B | ||
| Q4 24 | $5.5B | $8.9B | ||
| Q3 24 | $8.0B | $10.5B | ||
| Q2 24 | $5.9B | $9.7B | ||
| Q1 24 | $4.4B | $6.5B |
净利润BKNGCRH
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $-94.0M | ||
| Q4 24 | — | $703.0M | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $116.0M |
毛利率BKNGCRH
| Q4 25 | — | 35.6% | ||
| Q3 25 | — | 38.9% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 27.2% | ||
| Q4 24 | — | 35.6% | ||
| Q3 24 | — | 38.6% | ||
| Q2 24 | — | 38.1% | ||
| Q1 24 | — | 27.7% |
营业利润率BKNGCRH
| Q4 25 | 32.0% | 14.9% | ||
| Q3 25 | 38.7% | 18.8% | ||
| Q2 25 | 33.1% | 19.0% | ||
| Q1 25 | 22.3% | 0.3% | ||
| Q4 24 | 31.6% | 12.4% | ||
| Q3 24 | 39.8% | 18.7% | ||
| Q2 24 | 31.7% | 18.9% | ||
| Q1 24 | 17.9% | 0.4% |
净利率BKNGCRH
| Q4 25 | — | 10.9% | ||
| Q3 25 | — | 13.6% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | -1.4% | ||
| Q4 24 | — | 7.9% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | — | 13.4% | ||
| Q1 24 | — | 1.8% |
每股收益（稀释后）BKNGCRH
| Q4 25 | $43.66 | $1.51 | ||
| Q3 25 | $84.41 | $2.21 | ||
| Q2 25 | $27.43 | $1.94 | ||
| Q1 25 | $10.07 | $-0.15 | ||
| Q4 24 | $31.60 | $1.01 | ||
| Q3 24 | $74.34 | $1.97 | ||
| Q2 24 | $44.38 | $1.88 | ||
| Q1 24 | $22.37 | $0.16 |
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 | $17.2B | $4.1B |
| 总债务越低越好 | $18.7B | $17.5B |
| 股东权益账面价值 | $-5.6B | $24.0B |
| 总资产 | $29.3B | $58.3B |
| 负债/权益比越低杠杆越低 | — | 0.73× |
8季度趋势，按日历期对齐
现金及短期投资BKNGCRH
| Q4 25 | $17.2B | $4.1B | ||
| Q3 25 | $16.5B | $4.2B | ||
| Q2 25 | $17.6B | $2.9B | ||
| Q1 25 | $15.6B | $3.4B | ||
| Q4 24 | $16.2B | $3.7B | ||
| Q3 24 | $15.8B | $3.0B | ||
| Q2 24 | $16.3B | $3.1B | ||
| Q1 24 | $16.0B | $3.3B |
总债务BKNGCRH
| Q4 25 | $18.7B | $17.5B | ||
| Q3 25 | $17.0B | $18.6B | ||
| Q2 25 | $18.5B | $15.7B | ||
| Q1 25 | $16.0B | $15.6B | ||
| Q4 24 | $16.6B | $13.9B | ||
| Q3 24 | $16.2B | $13.7B | ||
| Q2 24 | $16.8B | $13.0B | ||
| Q1 24 | $16.9B | $12.6B |
股东权益BKNGCRH
| Q4 25 | $-5.6B | $24.0B | ||
| Q3 25 | $-4.7B | $23.3B | ||
| Q2 25 | $-6.7B | $22.3B | ||
| Q1 25 | $-6.1B | $21.1B | ||
| Q4 24 | $-4.0B | $21.6B | ||
| Q3 24 | $-3.7B | $21.9B | ||
| Q2 24 | $-4.3B | $20.7B | ||
| Q1 24 | $-4.1B | $20.0B |
总资产BKNGCRH
| Q4 25 | $29.3B | $58.3B | ||
| Q3 25 | $28.8B | $58.5B | ||
| Q2 25 | $30.7B | $54.0B | ||
| Q1 25 | $27.2B | $51.9B | ||
| Q4 24 | $27.7B | $50.6B | ||
| Q3 24 | $28.0B | $51.2B | ||
| Q2 24 | $28.5B | $48.1B | ||
| Q1 24 | $27.7B | $46.3B |
负债/权益比BKNGCRH
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 0.80× | ||
| Q2 25 | — | 0.70× | ||
| Q1 25 | — | 0.74× | ||
| Q4 24 | — | 0.64× | ||
| Q3 24 | — | 0.63× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 0.63× |
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 | $1.5B | $2.9B |
| 自由现金流经营现金流 - 资本支出 | $1.4B | — |
| 自由现金流率自由现金流/营收 | 22.3% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | — | 2.84× |
| 过去12个月自由现金流最近4个季度 | $9.1B | — |
8季度趋势，按日历期对齐
经营现金流BKNGCRH
| Q4 25 | $1.5B | $2.9B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $3.2B | $1.4B | ||
| Q1 25 | $3.3B | $-659.0M | ||
| Q4 24 | $721.0M | $2.7B | ||
| Q3 24 | $2.4B | $1.5B | ||
| Q2 24 | $2.5B | $1.5B | ||
| Q1 24 | $2.7B | $-712.0M |
自由现金流BKNGCRH
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $3.1B | $723.0M | ||
| Q1 25 | $3.2B | $-1.3B | ||
| Q4 24 | $645.0M | $1.8B | ||
| Q3 24 | $2.3B | $981.0M | ||
| Q2 24 | $2.4B | $861.0M | ||
| Q1 24 | $2.6B | $-1.2B |
自由现金流率BKNGCRH
| Q4 25 | 22.3% | — | ||
| Q3 25 | 15.2% | — | ||
| Q2 25 | 46.1% | 7.1% | ||
| Q1 25 | 66.4% | -19.3% | ||
| Q4 24 | 11.8% | 20.1% | ||
| Q3 24 | 28.7% | 9.3% | ||
| Q2 24 | 40.6% | 8.9% | ||
| Q1 24 | 58.3% | -18.6% |
资本支出强度BKNGCRH
| Q4 25 | 1.1% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.9% | 6.4% | ||
| Q1 25 | 2.5% | 9.5% | ||
| Q4 24 | 1.4% | 10.6% | ||
| Q3 24 | 1.0% | 4.8% | ||
| Q2 24 | 2.5% | 6.5% | ||
| Q1 24 | 2.9% | 7.7% |
现金转化率BKNGCRH
| Q4 25 | — | 2.84× | ||
| Q3 25 | — | 1.32× | ||
| Q2 25 | — | 1.04× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 3.88× | ||
| Q3 24 | — | 1.08× | ||
| Q2 24 | — | 1.14× | ||
| Q1 24 | — | -6.14× |
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
BKNG
| Merchant Revenue | $4.2B | 67% |
| Agency Revenue | $1.8B | 28% |
| Advertisingandotherrevenues | $309.0M | 5% |
CRH
| Products | $7.1B | 76% |
| Essential Materials | $1.4B | 15% |
| Outdoor Living Solutions | $842.0M | 9% |
