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花旗集团（C）与Charter Communications（CHTR）财务数据对比。点击上方公司名可切换其他公司
花旗集团的季度营收约是Charter Communications的1.5倍（$19.9B vs $13.6B），花旗集团净利率更高（12.4% vs 8.6%，领先3.9%），花旗集团自由现金流更多（$24.9B vs $1.4B）
花旗集团（常简称Citi）是总部位于美国纽约的跨国投资银行及金融服务巨头。集团于1998年由花旗银行的控股公司花旗公司与旅行者集团合并成立，2002年旅行者相关业务被拆分独立运营。
Charter Communications是美国知名电信与大众传媒企业，旗下服务统一使用Spectrum品牌运营，总部位于美国康涅狄格州斯坦福德市，主营业务涵盖宽带网络、有线电视、移动通信等领域，为美国家庭及商业客户提供各类综合通信与媒体服务。
C vs CHTR — 直观对比
营收规模更大
C
是对方的1.5倍
$13.6B
净利率更高
C
高出3.9%
8.6%
自由现金流更多
C
多$23.6B
$1.4B
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $19.9B | $13.6B |
| 净利润 | $2.5B | $1.2B |
| 毛利率 | — | — |
| 营业利润率 | 19.2% | 23.6% |
| 净利率 | 12.4% | 8.6% |
| 营收同比 | — | -1.0% |
| 净利润同比 | — | -4.4% |
| 每股收益（稀释后） | $1.21 | $9.17 |
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CCHTR
| Q1 26 | — | $13.6B | ||
| Q4 25 | $19.9B | $13.6B | ||
| Q3 25 | $22.1B | $13.7B | ||
| Q2 25 | $21.7B | $13.8B | ||
| Q1 25 | $21.6B | $13.7B | ||
| Q4 24 | — | $13.9B | ||
| Q3 24 | $20.3B | $13.8B | ||
| Q2 24 | $20.1B | $13.7B |
净利润CCHTR
| Q1 26 | — | $1.2B | ||
| Q4 25 | $2.5B | $1.3B | ||
| Q3 25 | $3.8B | $1.1B | ||
| Q2 25 | $4.0B | $1.3B | ||
| Q1 25 | $4.1B | $1.2B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $3.2B | $1.3B | ||
| Q2 24 | $3.2B | $1.2B |
营业利润率CCHTR
| Q1 26 | — | 23.6% | ||
| Q4 25 | 19.2% | 24.0% | ||
| Q3 25 | 24.2% | 22.9% | ||
| Q2 25 | 24.1% | 23.8% | ||
| Q1 25 | 25.2% | 23.6% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | 21.6% | 24.2% | ||
| Q2 24 | 21.4% | 23.8% |
净利率CCHTR
| Q1 26 | — | 8.6% | ||
| Q4 25 | 12.4% | 9.8% | ||
| Q3 25 | 17.0% | 8.3% | ||
| Q2 25 | 18.5% | 9.5% | ||
| Q1 25 | 18.8% | 8.9% | ||
| Q4 24 | — | 10.5% | ||
| Q3 24 | 15.9% | 9.3% | ||
| Q2 24 | 16.0% | 9.0% |
每股收益（稀释后）CCHTR
| Q1 26 | — | $9.17 | ||
| Q4 25 | $1.21 | $10.27 | ||
| Q3 25 | $1.86 | $8.34 | ||
| Q2 25 | $1.96 | $9.18 | ||
| Q1 25 | $1.96 | $8.42 | ||
| Q4 24 | — | $10.11 | ||
| Q3 24 | $1.51 | $8.82 | ||
| Q2 24 | $1.52 | $8.49 |
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 | — | $517.0M |
| 总债务越低越好 | $315.8B | $94.4B |
| 股东权益账面价值 | $212.3B | $21.1B |
| 总资产 | $2657.2B | $154.6B |
| 负债/权益比越低杠杆越低 | 1.49× | 4.48× |
8季度趋势，按日历期对齐
现金及短期投资CCHTR
| Q1 26 | — | $517.0M | ||
| Q4 25 | — | $477.0M | ||
| Q3 25 | — | $464.0M | ||
| Q2 25 | — | $606.0M | ||
| Q1 25 | — | $796.0M | ||
| Q4 24 | — | $459.0M | ||
| Q3 24 | — | $721.0M | ||
| Q2 24 | — | $602.0M |
总债务CCHTR
| Q1 26 | — | $94.4B | ||
| Q4 25 | $315.8B | $94.8B | ||
| Q3 25 | $315.8B | $95.2B | ||
| Q2 25 | $317.8B | $94.4B | ||
| Q1 25 | $295.7B | $93.8B | ||
| Q4 24 | — | $93.9B | ||
| Q3 24 | $299.1B | $95.3B | ||
| Q2 24 | $280.3B | $96.7B |
股东权益CCHTR
| Q1 26 | — | $21.1B | ||
| Q4 25 | $212.3B | $16.1B | ||
| Q3 25 | $213.0B | $15.3B | ||
| Q2 25 | $213.2B | $16.2B | ||
| Q1 25 | $212.4B | $16.2B | ||
| Q4 24 | — | $15.6B | ||
| Q3 24 | $209.1B | $14.1B | ||
| Q2 24 | $208.3B | $12.9B |
总资产CCHTR
| Q1 26 | — | $154.6B | ||
| Q4 25 | $2657.2B | $154.2B | ||
| Q3 25 | $2642.5B | $152.8B | ||
| Q2 25 | $2622.8B | $151.6B | ||
| Q1 25 | $2571.5B | $151.0B | ||
| Q4 24 | — | $150.0B | ||
| Q3 24 | $2430.7B | $149.4B | ||
| Q2 24 | $2405.7B | $148.6B |
负债/权益比CCHTR
| Q1 26 | — | 4.48× | ||
| Q4 25 | 1.49× | 5.90× | ||
| Q3 25 | 1.48× | 6.20× | ||
| Q2 25 | 1.49× | 5.82× | ||
| Q1 25 | 1.39× | 5.77× | ||
| Q4 24 | — | 6.03× | ||
| Q3 24 | 1.43× | 6.76× | ||
| Q2 24 | 1.35× | 7.51× |
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 | $26.6B | — |
| 自由现金流经营现金流 - 资本支出 | $24.9B | $1.4B |
| 自由现金流率自由现金流/营收 | 125.4% | 10.1% |
| 资本支出强度资本支出/营收 | 8.2% | 21.0% |
| 现金转化率经营现金流/净利润 | 10.75× | — |
| 过去12个月自由现金流最近4个季度 | $-74.2B | $4.0B |
8季度趋势，按日历期对齐
经营现金流CCHTR
| Q1 26 | — | — | ||
| Q4 25 | $26.6B | $3.8B | ||
| Q3 25 | $1.1B | $4.5B | ||
| Q2 25 | $-36.6B | $3.6B | ||
| Q1 25 | $-58.7B | $4.2B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.9B |
自由现金流CCHTR
| Q1 26 | — | $1.4B | ||
| Q4 25 | $24.9B | $426.0M | ||
| Q3 25 | $-517.0M | $1.4B | ||
| Q2 25 | $-38.3B | $726.0M | ||
| Q1 25 | $-60.2B | $1.8B | ||
| Q4 24 | — | $398.0M | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.0B |
自由现金流率CCHTR
| Q1 26 | — | 10.1% | ||
| Q4 25 | 125.4% | 3.1% | ||
| Q3 25 | -2.3% | 10.5% | ||
| Q2 25 | -176.9% | 5.3% | ||
| Q1 25 | -278.9% | 13.4% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 7.3% |
资本支出强度CCHTR
| Q1 26 | — | 21.0% | ||
| Q4 25 | 8.2% | 24.5% | ||
| Q3 25 | 7.3% | 22.3% | ||
| Q2 25 | 8.1% | 20.9% | ||
| Q1 25 | 7.0% | 17.5% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | — | 18.6% | ||
| Q2 24 | — | 20.8% |
现金转化率CCHTR
| Q1 26 | — | — | ||
| Q4 25 | 10.75× | 2.82× | ||
| Q3 25 | 0.29× | 3.94× | ||
| Q2 25 | -9.10× | 2.77× | ||
| Q1 25 | -14.45× | 3.48× | ||
| Q4 24 | — | 2.36× | ||
| Q3 24 | — | 3.05× | ||
| Q2 24 | — | 3.13× |
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
C
| Services | $5.9B | 30% |
| Markets | $4.5B | 23% |
| Commissions And Fees | $3.1B | 16% |
| Banking Segment | $2.2B | 11% |
| Wealth | $2.1B | 11% |
| Commercial Portfolio Segment | $1.7B | 9% |
| Brokerage Commissions | $249.0M | 1% |
CHTR
| Internet | $5.9B | 43% |
| Video | $3.3B | 24% |
| Small business | $1.1B | 8% |
| Mobile service | $1.1B | 8% |
| Other | $906.0M | 7% |
| Mid-market & large business | $749.0M | 6% |
| Advertising sales | $358.0M | 3% |
| Voice | $338.0M | 2% |
