vs
CrossAmerica Partners LP（CAPL）与Liberty Latin America Ltd.（LILA）财务数据对比。点击上方公司名可切换其他公司
Liberty Latin America Ltd.的季度营收约是CrossAmerica Partners LP的1.3倍（$1.2B vs $866.3M），CrossAmerica Partners LP净利率更高（1.2% vs -4.7%，领先5.9%），Liberty Latin America Ltd.同比增速更快（1.7% vs -8.3%），Liberty Latin America Ltd.自由现金流更多（$320.1M vs $22.4M），过去两年Liberty Latin America Ltd.的营收复合增速更高（2.7% vs -4.1%）
塔峰资本合伙人（TowerBrook Capital Partners）是一家总部位于伦敦和纽约的投资管理公司，2005年从索罗斯基金管理分拆独立。该机构主打私募股权及结构性机会投资，曾收购奢侈品品牌Jimmy Choo控股权，截至2025年其管理规模超250亿美元，官网公示在管投资项目共110个。
自由拉丁美洲有限公司是一家跨国电信运营商，由自由媒体国际业务板块与UnitedGlobalCom（UGC）于2005年合并而成，注册地位于百慕大，在伦敦、阿姆斯特丹和丹佛设有总部，旗下包含英国、荷兰等多地运营主体，相关业务覆盖电信服务领域。
CAPL vs LILA — 直观对比
营收规模更大
LILA
是对方的1.3倍
$866.3M
营收增速更快
LILA
高出9.9%
-8.3%
净利率更高
CAPL
高出5.9%
-4.7%
自由现金流更多
LILA
多$297.7M
$22.4M
两年增速更快
LILA
近两年复合增速
-4.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $1.2B |
| 净利润 | $10.2M | $-54.8M |
| 毛利率 | 12.4% | 77.3% |
| 营业利润率 | 3.0% | 10.8% |
| 净利率 | 1.2% | -4.7% |
| 营收同比 | -8.3% | 1.7% |
| 净利润同比 | -39.6% | 74.0% |
| 每股收益（稀释后） | $0.24 | $-0.27 |
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CAPLLILA
| Q4 25 | $866.3M | $1.2B | ||
| Q3 25 | $971.8M | $1.1B | ||
| Q2 25 | $961.9M | $1.1B | ||
| Q1 25 | $862.5M | $1.1B | ||
| Q4 24 | $944.2M | $1.1B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B | ||
| Q1 24 | $941.5M | $1.1B |
净利润CAPLLILA
| Q4 25 | $10.2M | $-54.8M | ||
| Q3 25 | $13.6M | $3.3M | ||
| Q2 25 | $25.2M | $-423.3M | ||
| Q1 25 | $-7.1M | $-136.4M | ||
| Q4 24 | $16.9M | $-210.4M | ||
| Q3 24 | $10.7M | $-435.8M | ||
| Q2 24 | $12.4M | $-42.7M | ||
| Q1 24 | $-17.5M | $-500.0K |
毛利率CAPLLILA
| Q4 25 | 12.4% | 77.3% | ||
| Q3 25 | 10.8% | 77.7% | ||
| Q2 25 | 10.5% | 78.6% | ||
| Q1 25 | 10.4% | 78.5% | ||
| Q4 24 | 10.7% | 76.1% | ||
| Q3 24 | 10.3% | 78.7% | ||
| Q2 24 | 9.2% | 78.1% | ||
| Q1 24 | 8.6% | 78.2% |
营业利润率CAPLLILA
| Q4 25 | 3.0% | 10.8% | ||
| Q3 25 | 2.9% | 16.9% | ||
| Q2 25 | 4.3% | -30.6% | ||
| Q1 25 | 0.2% | 11.8% | ||
| Q4 24 | 3.0% | 8.7% | ||
| Q3 24 | 2.5% | -34.9% | ||
| Q2 24 | 2.5% | 9.9% | ||
| Q1 24 | -1.4% | 8.4% |
净利率CAPLLILA
| Q4 25 | 1.2% | -4.7% | ||
| Q3 25 | 1.4% | 0.3% | ||
| Q2 25 | 2.6% | -39.0% | ||
| Q1 25 | -0.8% | -12.6% | ||
| Q4 24 | 1.8% | -18.5% | ||
| Q3 24 | 1.0% | -40.0% | ||
| Q2 24 | 1.1% | -3.8% | ||
| Q1 24 | -1.9% | -0.0% |
每股收益（稀释后）CAPLLILA
| Q4 25 | $0.24 | $-0.27 | ||
| Q3 25 | $0.34 | $0.02 | ||
| Q2 25 | $0.64 | $-2.12 | ||
| Q1 25 | $-0.20 | $-0.69 | ||
| Q4 24 | $0.42 | $-1.03 | ||
| Q3 24 | $0.27 | $-2.22 | ||
| Q2 24 | $0.31 | $-0.22 | ||
| Q1 24 | $-0.48 | $0.00 |
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 | $3.1M | $783.9M |
| 总债务越低越好 | $687.2M | $7.9B |
| 股东权益账面价值 | — | $555.6M |
| 总资产 | $964.7M | $12.2B |
| 负债/权益比越低杠杆越低 | — | 14.17× |
8季度趋势，按日历期对齐
现金及短期投资CAPLLILA
| Q4 25 | $3.1M | $783.9M | ||
| Q3 25 | $5.8M | $596.7M | ||
| Q2 25 | $9.7M | $514.4M | ||
| Q1 25 | $6.7M | $575.5M | ||
| Q4 24 | $3.4M | $654.3M | ||
| Q3 24 | $7.8M | $588.6M | ||
| Q2 24 | $5.5M | $598.6M | ||
| Q1 24 | $6.3M | $668.5M |
总债务CAPLLILA
| Q4 25 | $687.2M | $7.9B | ||
| Q3 25 | $700.8M | $7.8B | ||
| Q2 25 | $722.7M | $7.6B | ||
| Q1 25 | $774.1M | $7.6B | ||
| Q4 24 | $763.9M | $7.6B | ||
| Q3 24 | $769.2M | $7.6B | ||
| Q2 24 | $786.7M | $7.6B | ||
| Q1 24 | $795.8M | $7.6B |
股东权益CAPLLILA
| Q4 25 | — | $555.6M | ||
| Q3 25 | — | $628.9M | ||
| Q2 25 | — | $608.4M | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.7B |
总资产CAPLLILA
| Q4 25 | $964.7M | $12.2B | ||
| Q3 25 | $998.9M | $12.0B | ||
| Q2 25 | $1.0B | $12.0B | ||
| Q1 25 | $1.1B | $12.6B | ||
| Q4 24 | $1.1B | $12.8B | ||
| Q3 24 | $1.1B | $12.7B | ||
| Q2 24 | $1.2B | $13.2B | ||
| Q1 24 | $1.2B | $13.3B |
负债/权益比CAPLLILA
| Q4 25 | — | 14.17× | ||
| Q3 25 | — | 12.45× | ||
| Q2 25 | — | 12.50× | ||
| Q1 25 | — | 7.47× | ||
| Q4 24 | — | 6.99× | ||
| Q3 24 | — | 6.20× | ||
| Q2 24 | — | 4.59× | ||
| Q1 24 | — | 4.38× |
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 | $29.4M | $461.9M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $320.1M |
| 自由现金流率自由现金流/营收 | 2.6% | 27.6% |
| 资本支出强度资本支出/营收 | 0.8% | 12.2% |
| 现金转化率经营现金流/净利润 | 2.89× | — |
| 过去12个月自由现金流最近4个季度 | $55.8M | $305.9M |
8季度趋势，按日历期对齐
经营现金流CAPLLILA
| Q4 25 | $29.4M | $461.9M | ||
| Q3 25 | $24.4M | $178.2M | ||
| Q2 25 | $22.6M | $141.2M | ||
| Q1 25 | $15.0M | $24.6M | ||
| Q4 24 | $11.1M | $398.6M | ||
| Q3 24 | $41.9M | $177.5M | ||
| Q2 24 | $28.9M | $156.9M | ||
| Q1 24 | $5.8M | $23.3M |
自由现金流CAPLLILA
| Q4 25 | $22.4M | $320.1M | ||
| Q3 25 | $17.7M | $56.0M | ||
| Q2 25 | $10.8M | $1.9M | ||
| Q1 25 | $4.9M | $-72.1M | ||
| Q4 24 | $3.9M | $234.9M | ||
| Q3 24 | $34.2M | $51.0M | ||
| Q2 24 | $23.6M | $16.4M | ||
| Q1 24 | $-289.0K | $-86.4M |
自由现金流率CAPLLILA
| Q4 25 | 2.6% | 27.6% | ||
| Q3 25 | 1.8% | 5.0% | ||
| Q2 25 | 1.1% | 0.2% | ||
| Q1 25 | 0.6% | -6.7% | ||
| Q4 24 | 0.4% | 20.6% | ||
| Q3 24 | 3.2% | 4.7% | ||
| Q2 24 | 2.1% | 1.5% | ||
| Q1 24 | -0.0% | -7.9% |
资本支出强度CAPLLILA
| Q4 25 | 0.8% | 12.2% | ||
| Q3 25 | 0.7% | 11.0% | ||
| Q2 25 | 1.2% | 12.8% | ||
| Q1 25 | 1.2% | 8.9% | ||
| Q4 24 | 0.8% | 14.4% | ||
| Q3 24 | 0.7% | 11.6% | ||
| Q2 24 | 0.5% | 12.6% | ||
| Q1 24 | 0.6% | 10.0% |
现金转化率CAPLLILA
| Q4 25 | 2.89× | — | ||
| Q3 25 | 1.79× | 54.00× | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 3.92× | — | ||
| Q2 24 | 2.33× | — | ||
| Q1 24 | — | — |
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
CAPL
| Retail Segment | $505.3M | 58% |
| Wholesale | $360.9M | 42% |
| Other | $1.2M | 0% |
LILA
| Liberty Cablevisionof Puerto Rico LLC Liberty Puerto Rico | $301.3M | 26% |
| Cable Wireless Communications Limited CW Panama | $230.1M | 20% |
| Costa Rica Segment | $168.2M | 15% |
| Liberty Networks | $129.3M | 11% |
| Cable Subscription | $112.4M | 10% |
| Mobile Subscription | $95.9M | 8% |
| Mobile Handset And Other Devices | $73.0M | 6% |
| Liberty Networks Other | $25.0M | 2% |
| Mobile Non Subscription | $21.6M | 2% |
| B2B Mobile Handsetand Other Devices | $7.0M | 1% |
| Cable Non Subscription | $4.3M | 0% |
