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CACI INTERNATIONAL INC（CACI）与华纳音乐集团（WMG）财务数据对比。点击上方公司名可切换其他公司
CACI INTERNATIONAL INC的季度营收约是华纳音乐集团的1.2倍（$2.2B vs $1.8B），华纳音乐集团净利率更高（9.6% vs 5.6%，领先4.0%），华纳音乐集团同比增速更快（10.4% vs 5.7%），华纳音乐集团自由现金流更多（$420.0M vs $138.2M），过去两年华纳音乐集团的营收复合增速更高（11.0% vs 7.0%）
CACI国际公司是总部位于美国的跨国专业服务与信息技术企业，主要为国防、情报、民用政府部门及部分私营领域客户提供定制技术解决方案、网络安全服务、数据分析支持与关键任务运营保障服务。
华纳音乐集团（简称WMG）是总部位于美国纽约的跨国娱乐及唱片集团，属于全球唱片行业“三大巨头”之一，市场规模位居全球音乐行业第三位，仅次于环球音乐集团与索尼音乐娱乐。
CACI vs WMG — 直观对比
营收规模更大
CACI
是对方的1.2倍
$1.8B
营收增速更快
WMG
高出4.7%
5.7%
净利率更高
WMG
高出4.0%
5.6%
自由现金流更多
WMG
多$281.8M
$138.2M
两年增速更快
WMG
近两年复合增速
7.0%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.8B |
| 净利润 | $123.9M | $176.0M |
| 毛利率 | — | 46.4% |
| 营业利润率 | 9.3% | 15.7% |
| 净利率 | 5.6% | 9.6% |
| 营收同比 | 5.7% | 10.4% |
| 净利润同比 | 12.7% | -25.4% |
| 每股收益（稀释后） | $5.59 | — |
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CACIWMG
| Q4 25 | $2.2B | $1.8B | ||
| Q3 25 | $2.3B | $1.9B | ||
| Q2 25 | $2.3B | $1.7B | ||
| Q1 25 | $2.2B | $1.5B | ||
| Q4 24 | $2.1B | $1.7B | ||
| Q3 24 | $2.1B | $1.6B | ||
| Q2 24 | $2.0B | $1.6B | ||
| Q1 24 | $1.9B | $1.5B |
净利润CACIWMG
| Q4 25 | $123.9M | $176.0M | ||
| Q3 25 | $124.8M | $109.0M | ||
| Q2 25 | $157.9M | $-16.0M | ||
| Q1 25 | $111.9M | $36.0M | ||
| Q4 24 | $109.9M | $236.0M | ||
| Q3 24 | $120.2M | $41.0M | ||
| Q2 24 | $134.7M | $139.0M | ||
| Q1 24 | $115.3M | $96.0M |
毛利率CACIWMG
| Q4 25 | — | 46.4% | ||
| Q3 25 | — | 44.6% | ||
| Q2 25 | — | 45.9% | ||
| Q1 25 | — | 46.7% | ||
| Q4 24 | — | 46.3% | ||
| Q3 24 | — | 47.6% | ||
| Q2 24 | — | 46.6% | ||
| Q1 24 | — | 47.1% |
营业利润率CACIWMG
| Q4 25 | 9.3% | 15.7% | ||
| Q3 25 | 9.3% | 7.7% | ||
| Q2 25 | 9.0% | 10.0% | ||
| Q1 25 | 9.1% | 11.3% | ||
| Q4 24 | 8.6% | 12.8% | ||
| Q3 24 | 8.7% | 8.8% | ||
| Q2 24 | 9.7% | 13.3% | ||
| Q1 24 | 9.4% | 8.0% |
净利率CACIWMG
| Q4 25 | 5.6% | 9.6% | ||
| Q3 25 | 5.5% | 5.8% | ||
| Q2 25 | 6.9% | -0.9% | ||
| Q1 25 | 5.2% | 2.4% | ||
| Q4 24 | 5.2% | 14.2% | ||
| Q3 24 | 5.8% | 2.5% | ||
| Q2 24 | 6.6% | 8.9% | ||
| Q1 24 | 6.0% | 6.4% |
每股收益（稀释后）CACIWMG
| Q4 25 | $5.59 | — | ||
| Q3 25 | $5.63 | — | ||
| Q2 25 | $7.11 | — | ||
| Q1 25 | $5.00 | — | ||
| Q4 24 | $4.88 | — | ||
| Q3 24 | $5.33 | — | ||
| Q2 24 | $5.97 | — | ||
| Q1 24 | $5.13 | — |
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 | $423.0M | $751.0M |
| 总债务越低越好 | $3.0B | $4.4B |
| 股东权益账面价值 | $4.1B | $720.0M |
| 总资产 | $8.9B | $10.0B |
| 负债/权益比越低杠杆越低 | 0.72× | 6.07× |
8季度趋势，按日历期对齐
现金及短期投资CACIWMG
| Q4 25 | $423.0M | $751.0M | ||
| Q3 25 | $133.0M | $532.0M | ||
| Q2 25 | $106.2M | $527.0M | ||
| Q1 25 | $223.9M | $637.0M | ||
| Q4 24 | $175.7M | $802.0M | ||
| Q3 24 | $440.7M | $694.0M | ||
| Q2 24 | $134.0M | $607.0M | ||
| Q1 24 | $159.2M | $587.0M |
总债务CACIWMG
| Q4 25 | $3.0B | $4.4B | ||
| Q3 25 | $2.8B | $4.4B | ||
| Q2 25 | $2.9B | $4.4B | ||
| Q1 25 | $3.1B | $4.3B | ||
| Q4 24 | $3.1B | $4.0B | ||
| Q3 24 | $1.8B | $4.0B | ||
| Q2 24 | $1.5B | $4.0B | ||
| Q1 24 | $1.7B | $4.0B |
股东权益CACIWMG
| Q4 25 | $4.1B | $720.0M | ||
| Q3 25 | $4.0B | $647.0M | ||
| Q2 25 | $3.9B | $589.0M | ||
| Q1 25 | $3.7B | $567.0M | ||
| Q4 24 | $3.7B | $545.0M | ||
| Q3 24 | $3.7B | $518.0M | ||
| Q2 24 | $3.5B | $483.0M | ||
| Q1 24 | $3.4B | $433.0M |
总资产CACIWMG
| Q4 25 | $8.9B | $10.0B | ||
| Q3 25 | $8.7B | $9.8B | ||
| Q2 25 | $8.6B | $9.8B | ||
| Q1 25 | $8.6B | $9.6B | ||
| Q4 24 | $8.5B | $9.1B | ||
| Q3 24 | $7.2B | $9.2B | ||
| Q2 24 | $6.8B | $8.8B | ||
| Q1 24 | $6.8B | $8.7B |
负债/权益比CACIWMG
| Q4 25 | 0.72× | 6.07× | ||
| Q3 25 | 0.69× | 6.75× | ||
| Q2 25 | 0.75× | 7.41× | ||
| Q1 25 | 0.84× | 7.57× | ||
| Q4 24 | 0.82× | 7.26× | ||
| Q3 24 | 0.50× | 7.75× | ||
| Q2 24 | 0.44× | 8.24× | ||
| Q1 24 | 0.50× | 9.20× |
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 | $154.2M | $440.0M |
| 自由现金流经营现金流 - 资本支出 | $138.2M | $420.0M |
| 自由现金流率自由现金流/营收 | 6.2% | 22.8% |
| 资本支出强度资本支出/营收 | 0.7% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.24× | 2.50× |
| 过去12个月自由现金流最近4个季度 | $634.3M | $663.0M |
8季度趋势，按日历期对齐
经营现金流CACIWMG
| Q4 25 | $154.2M | $440.0M | ||
| Q3 25 | $171.1M | $231.0M | ||
| Q2 25 | $156.0M | $46.0M | ||
| Q1 25 | $230.3M | $69.0M | ||
| Q4 24 | $126.0M | $332.0M | ||
| Q3 24 | $34.7M | $304.0M | ||
| Q2 24 | $157.2M | $188.0M | ||
| Q1 24 | $198.3M | $-31.0M |
自由现金流CACIWMG
| Q4 25 | $138.2M | $420.0M | ||
| Q3 25 | $154.1M | $203.0M | ||
| Q2 25 | $128.0M | $7.0M | ||
| Q1 25 | $214.1M | $33.0M | ||
| Q4 24 | $116.1M | $296.0M | ||
| Q3 24 | $23.2M | $271.0M | ||
| Q2 24 | $134.6M | $160.0M | ||
| Q1 24 | $186.6M | $-57.0M |
自由现金流率CACIWMG
| Q4 25 | 6.2% | 22.8% | ||
| Q3 25 | 6.7% | 10.9% | ||
| Q2 25 | 5.6% | 0.4% | ||
| Q1 25 | 9.9% | 2.2% | ||
| Q4 24 | 5.5% | 17.8% | ||
| Q3 24 | 1.1% | 16.6% | ||
| Q2 24 | 6.6% | 10.3% | ||
| Q1 24 | 9.6% | -3.8% |
资本支出强度CACIWMG
| Q4 25 | 0.7% | 1.1% | ||
| Q3 25 | 0.7% | 1.5% | ||
| Q2 25 | 1.2% | 2.3% | ||
| Q1 25 | 0.7% | 2.4% | ||
| Q4 24 | 0.5% | 2.2% | ||
| Q3 24 | 0.6% | 2.0% | ||
| Q2 24 | 1.1% | 1.8% | ||
| Q1 24 | 0.6% | 1.7% |
现金转化率CACIWMG
| Q4 25 | 1.24× | 2.50× | ||
| Q3 25 | 1.37× | 2.12× | ||
| Q2 25 | 0.99× | — | ||
| Q1 25 | 2.06× | 1.92× | ||
| Q4 24 | 1.15× | 1.41× | ||
| Q3 24 | 0.29× | 7.41× | ||
| Q2 24 | 1.17× | 1.35× | ||
| Q1 24 | 1.72× | -0.32× |
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
CACI
| Service Other | $876.3M | 39% |
| Intelligence Community | $539.0M | 24% |
| Federal Civilian Agencies | $438.6M | 20% |
| Subcontractor | $202.5M | 9% |
| Other | $148.5M | 7% |
| Commercial And Other | $15.2M | 1% |
WMG
| Digital | $976.0M | 53% |
| Music Publishing | $362.0M | 20% |
| Artist Services And Expanded Rights | $231.0M | 13% |
| Licensing | $121.0M | 7% |
| Performance | $64.0M | 3% |
| Synchronization | $60.0M | 3% |
| Mechanical | $18.0M | 1% |
| Other | $5.0M | 0% |
