vs
缤客控股（BKNG）与柯达（KODK）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柯达的21.9倍（$6.3B vs $290.0M）。缤客控股同比增速更快（16.0% vs 9.0%）。缤客控股自由现金流更多（$1.4B vs $483.0M）。过去两年缤客控股的营收复合增速更高（19.9% vs 7.9%）
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。
伊士曼柯达公司，常简称为柯达，是一家源自美国的知名影像企业，总部位于纽约州罗切斯特，注册于新泽西州。柯达在摄影胶片领域拥有悠久的历史，曾率先将摄影胶片产品推向大众市场，如今仍围绕传统胶片影像业务开发各类相关产品。
BKNG vs KODK — 直观对比
营收规模更大
BKNG
是对方的21.9倍
$290.0M
营收增速更快
BKNG
高出7.0%
9.0%
自由现金流更多
BKNG
多$934.0M
$483.0M
两年增速更快
BKNG
近两年复合增速
7.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $290.0M |
| 净利润 | — | $-108.0M |
| 毛利率 | — | 23.1% |
| 营业利润率 | 32.0% | -0.3% |
| 净利率 | — | -37.2% |
| 营收同比 | 16.0% | 9.0% |
| 净利润同比 | — | -515.4% |
| 每股收益（稀释后） | $43.66 | $-1.22 |
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BKNGKODK
| Q4 25 | $6.3B | $290.0M | ||
| Q3 25 | $9.0B | $269.0M | ||
| Q2 25 | $6.8B | $263.0M | ||
| Q1 25 | $4.8B | $247.0M | ||
| Q4 24 | $5.5B | $266.0M | ||
| Q3 24 | $8.0B | $261.0M | ||
| Q2 24 | $5.9B | $267.0M | ||
| Q1 24 | $4.4B | $249.0M |
净利润BKNGKODK
| Q4 25 | — | $-108.0M | ||
| Q3 25 | — | $13.0M | ||
| Q2 25 | — | $-26.0M | ||
| Q1 25 | — | $-7.0M | ||
| Q4 24 | — | $26.0M | ||
| Q3 24 | — | $18.0M | ||
| Q2 24 | — | $26.0M | ||
| Q1 24 | — | $32.0M |
毛利率BKNGKODK
| Q4 25 | — | 23.1% | ||
| Q3 25 | — | 25.3% | ||
| Q2 25 | — | 19.4% | ||
| Q1 25 | — | 18.6% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 17.2% | ||
| Q2 24 | — | 21.7% | ||
| Q1 24 | — | 19.7% |
营业利润率BKNGKODK
| Q4 25 | 32.0% | -0.3% | ||
| Q3 25 | 38.7% | 7.1% | ||
| Q2 25 | 33.1% | -1.9% | ||
| Q1 25 | 22.3% | -5.3% | ||
| Q4 24 | 31.6% | -3.0% | ||
| Q3 24 | 39.8% | -3.1% | ||
| Q2 24 | 31.7% | 0.7% | ||
| Q1 24 | 17.9% | 2.8% |
净利率BKNGKODK
| Q4 25 | — | -37.2% | ||
| Q3 25 | — | 4.8% | ||
| Q2 25 | — | -9.9% | ||
| Q1 25 | — | -2.8% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | — | 6.9% | ||
| Q2 24 | — | 9.7% | ||
| Q1 24 | — | 12.9% |
每股收益（稀释后）BKNGKODK
| Q4 25 | $43.66 | $-1.22 | ||
| Q3 25 | $84.41 | $-0.08 | ||
| Q2 25 | $27.43 | $-0.36 | ||
| Q1 25 | $10.07 | $-0.12 | ||
| Q4 24 | $31.60 | $0.22 | ||
| Q3 24 | $74.34 | $0.15 | ||
| Q2 24 | $44.38 | $0.23 | ||
| Q1 24 | $22.37 | $0.30 |
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 | $436.0M |
| 总债务越低越好 | $18.7B | $209.0M |
| 股东权益账面价值 | $-5.6B | $614.0M |
| 总资产 | $29.3B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资BKNGKODK
| Q4 25 | $17.2B | $436.0M | ||
| Q3 25 | $16.5B | $168.0M | ||
| Q2 25 | $17.6B | $155.0M | ||
| Q1 25 | $15.6B | $158.0M | ||
| Q4 24 | $16.2B | $201.0M | ||
| Q3 24 | $15.8B | $214.0M | ||
| Q2 24 | $16.3B | $251.0M | ||
| Q1 24 | $16.0B | $262.0M |
总债务BKNGKODK
| Q4 25 | $18.7B | $209.0M | ||
| Q3 25 | $17.0B | — | ||
| Q2 25 | $18.5B | — | ||
| Q1 25 | $16.0B | — | ||
| Q4 24 | $16.6B | $467.0M | ||
| Q3 24 | $16.2B | — | ||
| Q2 24 | $16.8B | — | ||
| Q1 24 | $16.9B | — |
股东权益BKNGKODK
| Q4 25 | $-5.6B | $614.0M | ||
| Q3 25 | $-4.7B | $762.0M | ||
| Q2 25 | $-6.7B | $528.0M | ||
| Q1 25 | $-6.1B | $563.0M | ||
| Q4 24 | $-4.0B | $641.0M | ||
| Q3 24 | $-3.7B | $982.0M | ||
| Q2 24 | $-4.3B | $961.0M | ||
| Q1 24 | $-4.1B | $951.0M |
总资产BKNGKODK
| Q4 25 | $29.3B | $1.6B | ||
| Q3 25 | $28.8B | $2.1B | ||
| Q2 25 | $30.7B | $1.9B | ||
| Q1 25 | $27.2B | $1.9B | ||
| Q4 24 | $27.7B | $2.0B | ||
| Q3 24 | $28.0B | $2.4B | ||
| Q2 24 | $28.5B | $2.4B | ||
| Q1 24 | $27.7B | $2.3B |
负债/权益比BKNGKODK
| Q4 25 | — | 0.34× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $489.0M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $483.0M |
| 自由现金流率自由现金流/营收 | 22.3% | 166.6% |
| 资本支出强度资本支出/营收 | 1.1% | 2.1% |
| 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 | $446.0M |
8季度趋势，按日历期对齐
经营现金流BKNGKODK
| Q4 25 | $1.5B | $489.0M | ||
| Q3 25 | $1.4B | $21.0M | ||
| Q2 25 | $3.2B | $8.0M | ||
| Q1 25 | $3.3B | $-38.0M | ||
| Q4 24 | $721.0M | $4.0M | ||
| Q3 24 | $2.4B | $-21.0M | ||
| Q2 24 | $2.5B | $-7.0M | ||
| Q1 24 | $2.7B | $17.0M |
自由现金流BKNGKODK
| Q4 25 | $1.4B | $483.0M | ||
| Q3 25 | $1.4B | $17.0M | ||
| Q2 25 | $3.1B | $-4.0M | ||
| Q1 25 | $3.2B | $-50.0M | ||
| Q4 24 | $645.0M | $-13.0M | ||
| Q3 24 | $2.3B | $-41.0M | ||
| Q2 24 | $2.4B | $-16.0M | ||
| Q1 24 | $2.6B | $7.0M |
自由现金流率BKNGKODK
| Q4 25 | 22.3% | 166.6% | ||
| Q3 25 | 15.2% | 6.3% | ||
| Q2 25 | 46.1% | -1.5% | ||
| Q1 25 | 66.4% | -20.2% | ||
| Q4 24 | 11.8% | -4.9% | ||
| Q3 24 | 28.7% | -15.7% | ||
| Q2 24 | 40.6% | -6.0% | ||
| Q1 24 | 58.3% | 2.8% |
资本支出强度BKNGKODK
| Q4 25 | 1.1% | 2.1% | ||
| Q3 25 | 0.7% | 1.5% | ||
| Q2 25 | 0.9% | 4.6% | ||
| Q1 25 | 2.5% | 4.9% | ||
| Q4 24 | 1.4% | 6.4% | ||
| Q3 24 | 1.0% | 7.7% | ||
| Q2 24 | 2.5% | 3.4% | ||
| Q1 24 | 2.9% | 4.0% |
现金转化率BKNGKODK
| Q4 25 | — | — | ||
| Q3 25 | — | 1.62× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.15× | ||
| Q3 24 | — | -1.17× | ||
| Q2 24 | — | -0.27× | ||
| Q1 24 | — | 0.53× |
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% |
KODK
| Segment Continuing Operations | $195.0M | 67% |
| Advanced Materials And Chemicals | $85.0M | 29% |
| Other | $7.0M | 2% |
| All Other | $3.0M | 1% |
