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缤客控股（BKNG）与FGI Industries Ltd.（FGI）财务数据对比。点击上方公司名可切换其他公司
缤客控股的季度营收约是FGI Industries Ltd.的208.4倍（$6.3B vs $30.5M）。缤客控股同比增速更快（16.0% vs -14.4%）。缤客控股自由现金流更多（$1.4B vs $2.3M）。过去两年缤客控股的营收复合增速更高（19.9% vs -0.5%）
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。
FGI Industries Ltd是一家全球厨卫产品、家居收纳解决方案及家装用品的设计、制造与分销商，服务覆盖北美、欧洲及亚太地区的大型连锁零售商、家居专营店和电商平台。
BKNG vs FGI — 直观对比
营收规模更大
BKNG
是对方的208.4倍
$30.5M
营收增速更快
BKNG
高出30.4%
-14.4%
自由现金流更多
BKNG
多$1.4B
$2.3M
两年增速更快
BKNG
近两年复合增速
-0.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $30.5M |
| 净利润 | — | $-2.6M |
| 毛利率 | — | 26.7% |
| 营业利润率 | 32.0% | -2.2% |
| 净利率 | — | -8.6% |
| 营收同比 | 16.0% | -14.4% |
| 净利润同比 | — | -553.1% |
| 每股收益（稀释后） | $43.66 | $-1.63 |
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BKNGFGI
| Q4 25 | $6.3B | $30.5M | ||
| Q3 25 | $9.0B | $35.8M | ||
| Q2 25 | $6.8B | $31.0M | ||
| Q1 25 | $4.8B | $33.2M | ||
| Q4 24 | $5.5B | $35.6M | ||
| Q3 24 | $8.0B | $36.1M | ||
| Q2 24 | $5.9B | $29.4M | ||
| Q1 24 | $4.4B | $30.8M |
净利润BKNGFGI
| Q4 25 | — | $-2.6M | ||
| Q3 25 | — | $-1.7M | ||
| Q2 25 | — | $-1.2M | ||
| Q1 25 | — | $-629.1K | ||
| Q4 24 | — | $-402.3K | ||
| Q3 24 | — | $-550.1K | ||
| Q2 24 | — | $163.6K | ||
| Q1 24 | — | $-412.2K |
毛利率BKNGFGI
| Q4 25 | — | 26.7% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 28.1% | ||
| Q1 25 | — | 26.8% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 30.5% | ||
| Q1 24 | — | 27.4% |
营业利润率BKNGFGI
| Q4 25 | 32.0% | -2.2% | ||
| Q3 25 | 38.7% | 1.0% | ||
| Q2 25 | 33.1% | -2.7% | ||
| Q1 25 | 22.3% | -3.9% | ||
| Q4 24 | 31.6% | -3.5% | ||
| Q3 24 | 39.8% | -0.2% | ||
| Q2 24 | 31.7% | -1.5% | ||
| Q1 24 | 17.9% | -1.0% |
净利率BKNGFGI
| Q4 25 | — | -8.6% | ||
| Q3 25 | — | -4.6% | ||
| Q2 25 | — | -4.0% | ||
| Q1 25 | — | -1.9% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | -1.5% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | -1.3% |
每股收益（稀释后）BKNGFGI
| Q4 25 | $43.66 | $-1.63 | ||
| Q3 25 | $84.41 | $-0.86 | ||
| Q2 25 | $27.43 | $-0.64 | ||
| Q1 25 | $10.07 | $-0.07 | ||
| Q4 24 | $31.60 | $-0.38 | ||
| Q3 24 | $74.34 | $-0.29 | ||
| Q2 24 | $44.38 | $0.08 | ||
| Q1 24 | $22.37 | $-0.04 |
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 | $1.9M |
| 总债务越低越好 | $18.7B | — |
| 股东权益账面价值 | $-5.6B | $17.3M |
| 总资产 | $29.3B | $69.5M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BKNGFGI
| Q4 25 | $17.2B | $1.9M | ||
| Q3 25 | $16.5B | $1.9M | ||
| Q2 25 | $17.6B | $2.5M | ||
| Q1 25 | $15.6B | $1.2M | ||
| Q4 24 | $16.2B | $4.6M | ||
| Q3 24 | $15.8B | $3.0M | ||
| Q2 24 | $16.3B | $1.3M | ||
| Q1 24 | $16.0B | $3.3M |
总债务BKNGFGI
| Q4 25 | $18.7B | — | ||
| Q3 25 | $17.0B | — | ||
| Q2 25 | $18.5B | — | ||
| Q1 25 | $16.0B | — | ||
| Q4 24 | $16.6B | — | ||
| Q3 24 | $16.2B | — | ||
| Q2 24 | $16.8B | — | ||
| Q1 24 | $16.9B | — |
股东权益BKNGFGI
| Q4 25 | $-5.6B | $17.3M | ||
| Q3 25 | $-4.7B | $19.7M | ||
| Q2 25 | $-6.7B | $21.3M | ||
| Q1 25 | $-6.1B | $21.8M | ||
| Q4 24 | $-4.0B | $22.3M | ||
| Q3 24 | $-3.7B | $23.5M | ||
| Q2 24 | $-4.3B | $23.8M | ||
| Q1 24 | $-4.1B | $23.9M |
总资产BKNGFGI
| Q4 25 | $29.3B | $69.5M | ||
| Q3 25 | $28.8B | $73.0M | ||
| Q2 25 | $30.7B | $71.7M | ||
| Q1 25 | $27.2B | $68.5M | ||
| Q4 24 | $27.7B | $75.5M | ||
| Q3 24 | $28.0B | $74.7M | ||
| Q2 24 | $28.5B | $69.9M | ||
| Q1 24 | $27.7B | $68.6M |
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 | $2.3M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $2.3M |
| 自由现金流率自由现金流/营收 | 22.3% | 7.5% |
| 资本支出强度资本支出/营收 | 1.1% | 0.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $9.1B | $-212.5K |
8季度趋势，按日历期对齐
经营现金流BKNGFGI
| Q4 25 | $1.5B | $2.3M | ||
| Q3 25 | $1.4B | $-1.9M | ||
| Q2 25 | $3.2B | $7.6M | ||
| Q1 25 | $3.3B | $-7.4M | ||
| Q4 24 | $721.0M | $617.4K | ||
| Q3 24 | $2.4B | $-915.0K | ||
| Q2 24 | $2.5B | $862.1K | ||
| Q1 24 | $2.7B | $-8.0M |
自由现金流BKNGFGI
| Q4 25 | $1.4B | $2.3M | ||
| Q3 25 | $1.4B | $-2.1M | ||
| Q2 25 | $3.1B | $7.4M | ||
| Q1 25 | $3.2B | $-7.7M | ||
| Q4 24 | $645.0M | $-214.1K | ||
| Q3 24 | $2.3B | $-1.1M | ||
| Q2 24 | $2.4B | $281.5K | ||
| Q1 24 | $2.6B | $-8.6M |
自由现金流率BKNGFGI
| Q4 25 | 22.3% | 7.5% | ||
| Q3 25 | 15.2% | -5.9% | ||
| Q2 25 | 46.1% | 23.8% | ||
| Q1 25 | 66.4% | -23.3% | ||
| Q4 24 | 11.8% | -0.6% | ||
| Q3 24 | 28.7% | -3.0% | ||
| Q2 24 | 40.6% | 1.0% | ||
| Q1 24 | 58.3% | -28.0% |
资本支出强度BKNGFGI
| Q4 25 | 1.1% | 0.2% | ||
| Q3 25 | 0.7% | 0.7% | ||
| Q2 25 | 0.9% | 0.7% | ||
| Q1 25 | 2.5% | 1.1% | ||
| Q4 24 | 1.4% | 2.3% | ||
| Q3 24 | 1.0% | 0.5% | ||
| Q2 24 | 2.5% | 2.0% | ||
| Q1 24 | 2.9% | 2.0% |
现金转化率BKNGFGI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 5.27× | ||
| Q1 24 | — | — |
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% |
FGI
| Sanitaryware | $19.1M | 63% |
| Shower System | $5.8M | 19% |
| Kitchen And Bath Other | $3.3M | 11% |
| Bath Furniture Products | $2.3M | 7% |
