vs
缤客控股（BKNG）与HELEN OF TROY LTD（HELE）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HELEN OF TROY LTD的12.4倍（$6.3B vs $512.8M）。缤客控股同比增速更快（16.0% vs -3.4%）。缤客控股自由现金流更多（$1.4B vs $5.8M）。过去两年缤客控股的营收复合增速更高（19.9% vs 2.4%）
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。
海伦特洛伊是美国上市企业，主营自有及授权品牌家居用品、健康家居用品与美容产品的设计研发和全球营销，旗下拥有OXO International、Kaz等多家子公司。公司注册总部设于百慕大汉密尔顿，美国运营总部位于得克萨斯州埃尔帕索，公司名称源自古希腊神话人物特洛伊海伦。
BKNG vs HELE — 直观对比
营收规模更大
BKNG
是对方的12.4倍
$512.8M
营收增速更快
BKNG
高出19.4%
-3.4%
自由现金流更多
BKNG
多$1.4B
$5.8M
两年增速更快
BKNG
近两年复合增速
2.4%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $512.8M |
| 净利润 | — | $-84.1M |
| 毛利率 | — | 46.9% |
| 营业利润率 | 32.0% | -1.6% |
| 净利率 | — | -16.4% |
| 营收同比 | 16.0% | -3.4% |
| 净利润同比 | — | -269.4% |
| 每股收益（稀释后） | $43.66 | $-3.65 |
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BKNGHELE
| Q4 25 | $6.3B | $512.8M | ||
| Q3 25 | $9.0B | $431.8M | ||
| Q2 25 | $6.8B | $371.7M | ||
| Q1 25 | $4.8B | $485.9M | ||
| Q4 24 | $5.5B | $530.7M | ||
| Q3 24 | $8.0B | $474.2M | ||
| Q2 24 | $5.9B | $416.8M | ||
| Q1 24 | $4.4B | $489.2M |
净利润BKNGHELE
| Q4 25 | — | $-84.1M | ||
| Q3 25 | — | $-308.6M | ||
| Q2 25 | — | $-450.7M | ||
| Q1 25 | — | $50.9M | ||
| Q4 24 | — | $49.6M | ||
| Q3 24 | — | $17.0M | ||
| Q2 24 | — | $6.2M | ||
| Q1 24 | — | $42.7M |
毛利率BKNGHELE
| Q4 25 | — | 46.9% | ||
| Q3 25 | — | 44.2% | ||
| Q2 25 | — | 47.1% | ||
| Q1 25 | — | 48.6% | ||
| Q4 24 | — | 48.9% | ||
| Q3 24 | — | 45.6% | ||
| Q2 24 | — | 48.7% | ||
| Q1 24 | — | 49.0% |
营业利润率BKNGHELE
| Q4 25 | 32.0% | -1.6% | ||
| Q3 25 | 38.7% | -73.1% | ||
| Q2 25 | 33.1% | -109.5% | ||
| Q1 25 | 22.3% | 0.4% | ||
| Q4 24 | 31.6% | 14.2% | ||
| Q3 24 | 39.8% | 7.3% | ||
| Q2 24 | 31.7% | 7.4% | ||
| Q1 24 | 17.9% | 13.5% |
净利率BKNGHELE
| Q4 25 | — | -16.4% | ||
| Q3 25 | — | -71.5% | ||
| Q2 25 | — | -121.3% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 8.7% |
每股收益（稀释后）BKNGHELE
| Q4 25 | $43.66 | $-3.65 | ||
| Q3 25 | $84.41 | $-13.44 | ||
| Q2 25 | $27.43 | $-19.65 | ||
| Q1 25 | $10.07 | $2.20 | ||
| Q4 24 | $31.60 | $2.17 | ||
| Q3 24 | $74.34 | $0.74 | ||
| Q2 24 | $44.38 | $0.26 | ||
| Q1 24 | $22.37 | $1.76 |
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 | $27.1M |
| 总债务越低越好 | $18.7B | — |
| 股东权益账面价值 | $-5.6B | $852.3M |
| 总资产 | $29.3B | $2.3B |
| 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BKNGHELE
| Q4 25 | $17.2B | $27.1M | ||
| Q3 25 | $16.5B | $22.4M | ||
| Q2 25 | $17.6B | $22.7M | ||
| Q1 25 | $15.6B | $18.9M | ||
| Q4 24 | $16.2B | $40.8M | ||
| Q3 24 | $15.8B | $20.1M | ||
| Q2 24 | $16.3B | $16.1M | ||
| Q1 24 | $16.0B | $18.5M |
总债务BKNGHELE
| Q4 25 | $18.7B | — | ||
| Q3 25 | $17.0B | — | ||
| Q2 25 | $18.5B | — | ||
| Q1 25 | $16.0B | $921.9M | ||
| Q4 24 | $16.6B | — | ||
| Q3 24 | $16.2B | — | ||
| Q2 24 | $16.8B | — | ||
| Q1 24 | $16.9B | $672.0M |
股东权益BKNGHELE
| Q4 25 | $-5.6B | $852.3M | ||
| Q3 25 | $-4.7B | $926.3M | ||
| Q2 25 | $-6.7B | $1.2B | ||
| Q1 25 | $-6.1B | $1.7B | ||
| Q4 24 | $-4.0B | $1.6B | ||
| Q3 24 | $-3.7B | $1.6B | ||
| Q2 24 | $-4.3B | $1.5B | ||
| Q1 24 | $-4.1B | $1.6B |
总资产BKNGHELE
| Q4 25 | $29.3B | $2.3B | ||
| Q3 25 | $28.8B | $2.4B | ||
| Q2 25 | $30.7B | $2.7B | ||
| Q1 25 | $27.2B | $3.1B | ||
| Q4 24 | $27.7B | $3.0B | ||
| Q3 24 | $28.0B | $2.9B | ||
| Q2 24 | $28.5B | $2.8B | ||
| Q1 24 | $27.7B | $2.8B |
负债/权益比BKNGHELE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.41× |
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 | $11.9M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $5.8M |
| 自由现金流率自由现金流/营收 | 22.3% | 1.1% |
| 资本支出强度资本支出/营收 | 1.1% | 1.2% |
| 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 | $55.9M |
8季度趋势，按日历期对齐
经营现金流BKNGHELE
| Q4 25 | $1.5B | $11.9M | ||
| Q3 25 | $1.4B | $-10.5M | ||
| Q2 25 | $3.2B | $58.3M | ||
| Q1 25 | $3.3B | $35.0M | ||
| Q4 24 | $721.0M | $8.3M | ||
| Q3 24 | $2.4B | $44.6M | ||
| Q2 24 | $2.5B | $25.3M | ||
| Q1 24 | $2.7B | $73.6M |
自由现金流BKNGHELE
| Q4 25 | $1.4B | $5.8M | ||
| Q3 25 | $1.4B | $-21.9M | ||
| Q2 25 | $3.1B | $45.0M | ||
| Q1 25 | $3.2B | $27.1M | ||
| Q4 24 | $645.0M | $191.0K | ||
| Q3 24 | $2.3B | $39.7M | ||
| Q2 24 | $2.4B | $16.2M | ||
| Q1 24 | $2.6B | $66.6M |
自由现金流率BKNGHELE
| Q4 25 | 22.3% | 1.1% | ||
| Q3 25 | 15.2% | -5.1% | ||
| Q2 25 | 46.1% | 12.1% | ||
| Q1 25 | 66.4% | 5.6% | ||
| Q4 24 | 11.8% | 0.0% | ||
| Q3 24 | 28.7% | 8.4% | ||
| Q2 24 | 40.6% | 3.9% | ||
| Q1 24 | 58.3% | 13.6% |
资本支出强度BKNGHELE
| Q4 25 | 1.1% | 1.2% | ||
| Q3 25 | 0.7% | 2.7% | ||
| Q2 25 | 0.9% | 3.6% | ||
| Q1 25 | 2.5% | 1.6% | ||
| Q4 24 | 1.4% | 1.5% | ||
| Q3 24 | 1.0% | 1.0% | ||
| Q2 24 | 2.5% | 2.2% | ||
| Q1 24 | 2.9% | 1.4% |
现金转化率BKNGHELE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.17× | ||
| Q3 24 | — | 2.62× | ||
| Q2 24 | — | 4.08× | ||
| Q1 24 | — | 1.72× |
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% |
HELE
| Beauty Wellness | $283.2M | 55% |
| Home Outdoor | $229.6M | 45% |
