vs
缤客控股（BKNG）与ROCKY BRANDS, INC.（RCKY）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ROCKY BRANDS, INC.的45.4倍（$6.3B vs $139.7M）。缤客控股同比增速更快（16.0% vs 9.1%）。缤客控股自由现金流更多（$1.4B vs $16.7M）。过去两年缤客控股的营收复合增速更高（19.9% vs 11.2%）
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。
洛基品牌公司（原洛基鞋靴公司）1932年创立于俄亥俄州纳尔逊维尔，总部至今仍设于该地。公司主营户外、工装、西部风格及军用鞋靴的设计研发、生产与销售，同时也推出各类户外与工装服饰及周边配件。
BKNG vs RCKY — 直观对比
营收规模更大
BKNG
是对方的45.4倍
$139.7M
营收增速更快
BKNG
高出6.9%
9.1%
自由现金流更多
BKNG
多$1.4B
$16.7M
两年增速更快
BKNG
近两年复合增速
11.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $139.7M |
| 净利润 | — | $6.5M |
| 毛利率 | — | 41.3% |
| 营业利润率 | 32.0% | 6.9% |
| 净利率 | — | 4.7% |
| 营收同比 | 16.0% | 9.1% |
| 净利润同比 | — | 35.7% |
| 每股收益（稀释后） | $43.66 | $0.86 |
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BKNGRCKY
| Q4 25 | $6.3B | $139.7M | ||
| Q3 25 | $9.0B | $122.5M | ||
| Q2 25 | $6.8B | $105.6M | ||
| Q1 25 | $4.8B | $114.1M | ||
| Q4 24 | $5.5B | $128.1M | ||
| Q3 24 | $8.0B | $114.6M | ||
| Q2 24 | $5.9B | $98.3M | ||
| Q1 24 | $4.4B | $112.9M |
净利润BKNGRCKY
| Q4 25 | — | $6.5M | ||
| Q3 25 | — | $7.2M | ||
| Q2 25 | — | $3.6M | ||
| Q1 25 | — | $4.9M | ||
| Q4 24 | — | $4.8M | ||
| Q3 24 | — | $5.3M | ||
| Q2 24 | — | $-1.2M | ||
| Q1 24 | — | $2.5M |
毛利率BKNGRCKY
| Q4 25 | — | 41.3% | ||
| Q3 25 | — | 40.2% | ||
| Q2 25 | — | 41.0% | ||
| Q1 25 | — | 41.2% | ||
| Q4 24 | — | 41.5% | ||
| Q3 24 | — | 38.1% | ||
| Q2 24 | — | 38.7% | ||
| Q1 24 | — | 39.1% |
营业利润率BKNGRCKY
| Q4 25 | 32.0% | 6.9% | ||
| Q3 25 | 38.7% | 9.6% | ||
| Q2 25 | 33.1% | 6.8% | ||
| Q1 25 | 22.3% | 7.6% | ||
| Q4 24 | 31.6% | 6.6% | ||
| Q3 24 | 39.8% | 8.8% | ||
| Q2 24 | 31.7% | 4.6% | ||
| Q1 24 | 17.9% | 7.1% |
净利率BKNGRCKY
| Q4 25 | — | 4.7% | ||
| Q3 25 | — | 5.9% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | — | 4.6% | ||
| Q2 24 | — | -1.3% | ||
| Q1 24 | — | 2.3% |
每股收益（稀释后）BKNGRCKY
| Q4 25 | $43.66 | $0.86 | ||
| Q3 25 | $84.41 | $0.96 | ||
| Q2 25 | $27.43 | $0.48 | ||
| Q1 25 | $10.07 | $0.66 | ||
| Q4 24 | $31.60 | $0.65 | ||
| Q3 24 | $74.34 | $0.70 | ||
| Q2 24 | $44.38 | $-0.17 | ||
| Q1 24 | $22.37 | $0.34 |
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 | $2.9M |
| 总债务越低越好 | $18.7B | $122.6M |
| 股东权益账面价值 | $-5.6B | $252.1M |
| 总资产 | $29.3B | $477.5M |
| 负债/权益比越低杠杆越低 | — | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资BKNGRCKY
| Q4 25 | $17.2B | $2.9M | ||
| Q3 25 | $16.5B | $3.3M | ||
| Q2 25 | $17.6B | $2.8M | ||
| Q1 25 | $15.6B | $2.6M | ||
| Q4 24 | $16.2B | $3.7M | ||
| Q3 24 | $15.8B | $3.7M | ||
| Q2 24 | $16.3B | $4.1M | ||
| Q1 24 | $16.0B | $3.1M |
总债务BKNGRCKY
| Q4 25 | $18.7B | $122.6M | ||
| Q3 25 | $17.0B | $139.0M | ||
| Q2 25 | $18.5B | $132.5M | ||
| Q1 25 | $16.0B | $128.6M | ||
| Q4 24 | $16.6B | $128.7M | ||
| Q3 24 | $16.2B | $150.3M | ||
| Q2 24 | $16.8B | $152.4M | ||
| Q1 24 | $16.9B | $156.0M |
股东权益BKNGRCKY
| Q4 25 | $-5.6B | $252.1M | ||
| Q3 25 | $-4.7B | $246.1M | ||
| Q2 25 | $-6.7B | $239.1M | ||
| Q1 25 | $-6.1B | $236.2M | ||
| Q4 24 | $-4.0B | $232.2M | ||
| Q3 24 | $-3.7B | $228.3M | ||
| Q2 24 | $-4.3B | $223.8M | ||
| Q1 24 | $-4.1B | $225.3M |
总资产BKNGRCKY
| Q4 25 | $29.3B | $477.5M | ||
| Q3 25 | $28.8B | $494.0M | ||
| Q2 25 | $30.7B | $471.0M | ||
| Q1 25 | $27.2B | $468.2M | ||
| Q4 24 | $27.7B | $457.3M | ||
| Q3 24 | $28.0B | $475.0M | ||
| Q2 24 | $28.5B | $467.9M | ||
| Q1 24 | $27.7B | $466.5M |
负债/权益比BKNGRCKY
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.55× | ||
| Q1 25 | — | 0.54× | ||
| Q4 24 | — | 0.55× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | — | 0.69× |
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 | $17.6M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $16.7M |
| 自由现金流率自由现金流/营收 | 22.3% | 12.0% |
| 资本支出强度资本支出/营收 | 1.1% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 2.70× |
| 过去12个月自由现金流最近4个季度 | $9.1B | $9.7M |
8季度趋势，按日历期对齐
经营现金流BKNGRCKY
| Q4 25 | $1.5B | $17.6M | ||
| Q3 25 | $1.4B | $-3.3M | ||
| Q2 25 | $3.2B | $812.0K | ||
| Q1 25 | $3.3B | $1.2M | ||
| Q4 24 | $721.0M | $24.4M | ||
| Q3 24 | $2.4B | $4.5M | ||
| Q2 24 | $2.5B | $6.5M | ||
| Q1 24 | $2.7B | $17.4M |
自由现金流BKNGRCKY
| Q4 25 | $1.4B | $16.7M | ||
| Q3 25 | $1.4B | $-5.2M | ||
| Q2 25 | $3.1B | $-2.4M | ||
| Q1 25 | $3.2B | $529.0K | ||
| Q4 24 | $645.0M | $22.9M | ||
| Q3 24 | $2.3B | $3.5M | ||
| Q2 24 | $2.4B | $4.6M | ||
| Q1 24 | $2.6B | $17.1M |
自由现金流率BKNGRCKY
| Q4 25 | 22.3% | 12.0% | ||
| Q3 25 | 15.2% | -4.2% | ||
| Q2 25 | 46.1% | -2.2% | ||
| Q1 25 | 66.4% | 0.5% | ||
| Q4 24 | 11.8% | 17.9% | ||
| Q3 24 | 28.7% | 3.0% | ||
| Q2 24 | 40.6% | 4.7% | ||
| Q1 24 | 58.3% | 15.2% |
资本支出强度BKNGRCKY
| Q4 25 | 1.1% | 0.6% | ||
| Q3 25 | 0.7% | 1.5% | ||
| Q2 25 | 0.9% | 3.0% | ||
| Q1 25 | 2.5% | 0.6% | ||
| Q4 24 | 1.4% | 1.2% | ||
| Q3 24 | 1.0% | 0.9% | ||
| Q2 24 | 2.5% | 1.9% | ||
| Q1 24 | 2.9% | 0.2% |
现金转化率BKNGRCKY
| Q4 25 | — | 2.70× | ||
| Q3 25 | — | -0.46× | ||
| Q2 25 | — | 0.23× | ||
| Q1 25 | — | 0.25× | ||
| Q4 24 | — | 5.08× | ||
| Q3 24 | — | 0.85× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 6.82× |
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% |
RCKY
| Wholesale | $79.6M | 57% |
| Retail1 | $57.0M | 41% |
| Contract Manufacturing | $3.2M | 2% |
