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Cable One, Inc.（CABO）与Madison Square Garden Sports Corp.（MSGS）财务数据对比。点击上方公司名可切换其他公司
Madison Square Garden Sports Corp.的季度营收约是Cable One, Inc.的1.1倍（$403.4M vs $363.7M），Madison Square Garden Sports Corp.同比增速更快（12.8% vs -6.1%），Cable One, Inc.自由现金流更多（$71.6M vs $31.6M），过去两年Madison Square Garden Sports Corp.的营收复合增速更高（-3.1% vs -5.2%）
Cable One, Inc.是美国一家宽带通信服务商，以Sparklight为品牌面向美国24个州的110万个人及商业客户提供有线电视、互联网与电话服务。该公司还拥有Fidelity Communications品牌，在阿肯色、路易斯安那、密苏里、俄克拉荷马与德克萨斯提供同类通信服务，其总部坐落于亚利桑那州凤凰城。
麦迪逊广场花园体育公司是总部位于美国纽约市的专业体育控股企业，深耕职业体育俱乐部运营、体育IP开发管理等核心业务，在北美体育产业领域拥有深厚的行业积累与较高的市场知名度。
CABO vs MSGS — 直观对比
营收规模更大
MSGS
是对方的1.1倍
$363.7M
营收增速更快
MSGS
高出18.8%
-6.1%
自由现金流更多
CABO
多$40.0M
$31.6M
两年增速更快
MSGS
近两年复合增速
-5.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $363.7M | $403.4M |
| 净利润 | — | $8.2M |
| 毛利率 | — | — |
| 营业利润率 | 25.2% | 5.5% |
| 净利率 | — | 2.0% |
| 营收同比 | -6.1% | 12.8% |
| 净利润同比 | — | 641.9% |
| 每股收益（稀释后） | $-0.49 | $0.34 |
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CABOMSGS
| Q4 25 | $363.7M | $403.4M | ||
| Q3 25 | $376.0M | $39.5M | ||
| Q2 25 | $381.1M | $204.0M | ||
| Q1 25 | $380.6M | $424.2M | ||
| Q4 24 | $387.2M | $357.8M | ||
| Q3 24 | $393.6M | $53.3M | ||
| Q2 24 | $394.5M | $227.3M | ||
| Q1 24 | $404.3M | $430.0M |
净利润CABOMSGS
| Q4 25 | — | $8.2M | ||
| Q3 25 | $86.5M | $-8.8M | ||
| Q2 25 | $-438.0M | $-1.8M | ||
| Q1 25 | $2.6M | $-14.2M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | $44.2M | $-7.5M | ||
| Q2 24 | $38.2M | $25.5M | ||
| Q1 24 | $37.4M | $37.9M |
营业利润率CABOMSGS
| Q4 25 | 25.2% | 5.5% | ||
| Q3 25 | 25.2% | -69.5% | ||
| Q2 25 | -128.4% | -11.1% | ||
| Q1 25 | 25.1% | 7.6% | ||
| Q4 24 | 26.2% | 3.7% | ||
| Q3 24 | 28.0% | -15.5% | ||
| Q2 24 | 27.9% | 23.0% | ||
| Q1 24 | 29.6% | 18.5% |
净利率CABOMSGS
| Q4 25 | — | 2.0% | ||
| Q3 25 | 23.0% | -22.3% | ||
| Q2 25 | -114.9% | -0.9% | ||
| Q1 25 | 0.7% | -3.4% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | 11.2% | -14.1% | ||
| Q2 24 | 9.7% | 11.2% | ||
| Q1 24 | 9.2% | 8.8% |
每股收益（稀释后）CABOMSGS
| Q4 25 | $-0.49 | $0.34 | ||
| Q3 25 | $14.52 | $-0.37 | ||
| Q2 25 | $-77.70 | $-0.08 | ||
| Q1 25 | $0.46 | $-0.59 | ||
| Q4 24 | $-18.05 | $0.05 | ||
| Q3 24 | $7.58 | $-0.31 | ||
| Q2 24 | $6.58 | $1.07 | ||
| Q1 24 | $6.46 | $1.57 |
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 | $152.8M | $81.3M |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $1.4B | $-282.1M |
| 总资产 | $5.6B | $1.5B |
| 负债/权益比越低杠杆越低 | 1.81× | — |
8季度趋势，按日历期对齐
现金及短期投资CABOMSGS
| Q4 25 | $152.8M | $81.3M | ||
| Q3 25 | $166.6M | $48.6M | ||
| Q2 25 | $152.9M | $144.6M | ||
| Q1 25 | $149.1M | $96.5M | ||
| Q4 24 | $153.6M | $107.8M | ||
| Q3 24 | $226.6M | $52.3M | ||
| Q2 24 | $201.5M | $89.1M | ||
| Q1 24 | $210.7M | $40.0M |
总债务CABOMSGS
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.9B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.6B | — | ||
| Q3 24 | $3.5B | — | ||
| Q2 24 | $3.5B | — | ||
| Q1 24 | $3.6B | — |
股东权益CABOMSGS
| Q4 25 | $1.4B | $-282.1M | ||
| Q3 25 | $1.4B | $-294.2M | ||
| Q2 25 | $1.3B | $-281.4M | ||
| Q1 25 | $1.8B | $-283.4M | ||
| Q4 24 | $1.8B | $-273.1M | ||
| Q3 24 | $1.9B | $-277.5M | ||
| Q2 24 | $1.9B | $-266.3M | ||
| Q1 24 | $1.9B | $-294.0M |
总资产CABOMSGS
| Q4 25 | $5.6B | $1.5B | ||
| Q3 25 | $5.7B | $1.5B | ||
| Q2 25 | $5.8B | $1.5B | ||
| Q1 25 | $6.4B | $1.5B | ||
| Q4 24 | $6.5B | $1.4B | ||
| Q3 24 | $6.7B | $1.4B | ||
| Q2 24 | $6.7B | $1.3B | ||
| Q1 24 | $6.7B | $1.4B |
负债/权益比CABOMSGS
| Q4 25 | 1.81× | — | ||
| Q3 25 | 1.88× | — | ||
| Q2 25 | 2.16× | — | ||
| Q1 25 | 1.66× | — | ||
| Q4 24 | 1.99× | — | ||
| Q3 24 | 1.84× | — | ||
| Q2 24 | 1.87× | — | ||
| Q1 24 | 1.93× | — |
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 | $145.5M | $32.4M |
| 自由现金流经营现金流 - 资本支出 | $71.6M | $31.6M |
| 自由现金流率自由现金流/营收 | 19.7% | 7.8% |
| 资本支出强度资本支出/营收 | 20.3% | 0.2% |
| 现金转化率经营现金流/净利润 | — | 3.94× |
| 过去12个月自由现金流最近4个季度 | $278.1M | $-480.0K |
8季度趋势，按日历期对齐
经营现金流CABOMSGS
| Q4 25 | $145.5M | $32.4M | ||
| Q3 25 | $156.5M | $-85.0M | ||
| Q2 25 | $144.9M | $49.7M | ||
| Q1 25 | $116.3M | $6.3M | ||
| Q4 24 | $167.6M | $61.8M | ||
| Q3 24 | $176.2M | $-26.2M | ||
| Q2 24 | $155.5M | $108.4M | ||
| Q1 24 | $164.8M | $4.0M |
自由现金流CABOMSGS
| Q4 25 | $71.6M | $31.6M | ||
| Q3 25 | $84.8M | $-85.3M | ||
| Q2 25 | $76.6M | $49.4M | ||
| Q1 25 | $45.2M | $3.9M | ||
| Q4 24 | $95.7M | $61.2M | ||
| Q3 24 | $99.2M | $-26.5M | ||
| Q2 24 | $84.0M | $108.0M | ||
| Q1 24 | $98.9M | $3.9M |
自由现金流率CABOMSGS
| Q4 25 | 19.7% | 7.8% | ||
| Q3 25 | 22.5% | -216.3% | ||
| Q2 25 | 20.1% | 24.2% | ||
| Q1 25 | 11.9% | 0.9% | ||
| Q4 24 | 24.7% | 17.1% | ||
| Q3 24 | 25.2% | -49.7% | ||
| Q2 24 | 21.3% | 47.5% | ||
| Q1 24 | 24.5% | 0.9% |
资本支出强度CABOMSGS
| Q4 25 | 20.3% | 0.2% | ||
| Q3 25 | 19.1% | 0.9% | ||
| Q2 25 | 17.9% | 0.2% | ||
| Q1 25 | 18.7% | 0.6% | ||
| Q4 24 | 18.6% | 0.1% | ||
| Q3 24 | 19.6% | 0.7% | ||
| Q2 24 | 18.1% | 0.2% | ||
| Q1 24 | 16.3% | 0.0% |
现金转化率CABOMSGS
| Q4 25 | — | 3.94× | ||
| Q3 25 | 1.81× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 44.62× | — | ||
| Q4 24 | — | 55.61× | ||
| Q3 24 | 3.99× | — | ||
| Q2 24 | 4.08× | 4.25× | ||
| Q1 24 | 4.41× | 0.11× |
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
CABO
暂无分部数据
MSGS
| Event Related | $167.2M | 41% |
| Media Rights | $122.3M | 30% |
| Sponsorship Signage And Suite Licenses | $98.5M | 24% |
| League Distribution | $15.4M | 4% |
