vs
CrossAmerica Partners LP（CAPL）与OUTFRONT Media Inc.（OUT）财务数据对比。点击上方公司名可切换其他公司
CrossAmerica Partners LP的季度营收约是OUTFRONT Media Inc.的1.7倍（$866.3M vs $513.3M），OUTFRONT Media Inc.净利率更高（18.9% vs 1.2%，领先17.7%），OUTFRONT Media Inc.同比增速更快（4.1% vs -8.3%），OUTFRONT Media Inc.自由现金流更多（$93.3M vs $22.4M），过去两年OUTFRONT Media Inc.的营收复合增速更高（12.1% 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。
OUTFRONT Media Inc.是一家美国广告企业，业务覆盖美国本土，由首席执行官Nick Brien领导美洲区业务，核心经营广告牌及公共交通展示广告两大业务板块，是户外广告领域的重要参与者。
CAPL vs OUT — 直观对比
营收规模更大
CAPL
是对方的1.7倍
$513.3M
营收增速更快
OUT
高出12.3%
-8.3%
净利率更高
OUT
高出17.7%
1.2%
自由现金流更多
OUT
多$70.9M
$22.4M
两年增速更快
OUT
近两年复合增速
-4.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $513.3M |
| 净利润 | $10.2M | $96.8M |
| 毛利率 | 12.4% | — |
| 营业利润率 | 3.0% | 26.0% |
| 净利率 | 1.2% | 18.9% |
| 营收同比 | -8.3% | 4.1% |
| 净利润同比 | -39.6% | 30.8% |
| 每股收益（稀释后） | $0.24 | $0.57 |
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CAPLOUT
| Q4 25 | $866.3M | $513.3M | ||
| Q3 25 | $971.8M | $467.5M | ||
| Q2 25 | $961.9M | $460.2M | ||
| Q1 25 | $862.5M | $390.7M | ||
| Q4 24 | $944.2M | $493.2M | ||
| Q3 24 | $1.1B | $451.9M | ||
| Q2 24 | $1.1B | $477.3M | ||
| Q1 24 | $941.5M | $408.5M |
净利润CAPLOUT
| Q4 25 | $10.2M | $96.8M | ||
| Q3 25 | $13.6M | $51.3M | ||
| Q2 25 | $25.2M | $19.5M | ||
| Q1 25 | $-7.1M | $-20.6M | ||
| Q4 24 | $16.9M | $74.0M | ||
| Q3 24 | $10.7M | $34.6M | ||
| Q2 24 | $12.4M | $176.8M | ||
| Q1 24 | $-17.5M | $-27.2M |
毛利率CAPLOUT
| Q4 25 | 12.4% | — | ||
| Q3 25 | 10.8% | — | ||
| Q2 25 | 10.5% | — | ||
| Q1 25 | 10.4% | — | ||
| Q4 24 | 10.7% | — | ||
| Q3 24 | 10.3% | — | ||
| Q2 24 | 9.2% | — | ||
| Q1 24 | 8.6% | — |
营业利润率CAPLOUT
| Q4 25 | 3.0% | 26.0% | ||
| Q3 25 | 2.9% | 19.2% | ||
| Q2 25 | 4.3% | 12.2% | ||
| Q1 25 | 0.2% | 3.6% | ||
| Q4 24 | 3.0% | 22.5% | ||
| Q3 24 | 2.5% | 15.8% | ||
| Q2 24 | 2.5% | 48.0% | ||
| Q1 24 | -1.4% | 3.4% |
净利率CAPLOUT
| Q4 25 | 1.2% | 18.9% | ||
| Q3 25 | 1.4% | 11.0% | ||
| Q2 25 | 2.6% | 4.2% | ||
| Q1 25 | -0.8% | -5.3% | ||
| Q4 24 | 1.8% | 15.0% | ||
| Q3 24 | 1.0% | 7.7% | ||
| Q2 24 | 1.1% | 37.0% | ||
| Q1 24 | -1.9% | -6.7% |
每股收益（稀释后）CAPLOUT
| Q4 25 | $0.24 | $0.57 | ||
| Q3 25 | $0.34 | $0.29 | ||
| Q2 25 | $0.64 | $0.10 | ||
| Q1 25 | $-0.20 | $-0.14 | ||
| Q4 24 | $0.42 | $0.49 | ||
| Q3 24 | $0.27 | $0.19 | ||
| Q2 24 | $0.31 | $1.01 | ||
| Q1 24 | $-0.48 | $-0.18 |
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 | $99.9M |
| 总债务越低越好 | $687.2M | — |
| 股东权益账面价值 | — | $710.4M |
| 总资产 | $964.7M | $5.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CAPLOUT
| Q4 25 | $3.1M | $99.9M | ||
| Q3 25 | $5.8M | $63.0M | ||
| Q2 25 | $9.7M | $28.5M | ||
| Q1 25 | $6.7M | $30.5M | ||
| Q4 24 | $3.4M | $46.9M | ||
| Q3 24 | $7.8M | $28.0M | ||
| Q2 24 | $5.5M | $49.6M | ||
| Q1 24 | $6.3M | $42.4M |
总债务CAPLOUT
| Q4 25 | $687.2M | — | ||
| Q3 25 | $700.8M | — | ||
| Q2 25 | $722.7M | — | ||
| Q1 25 | $774.1M | — | ||
| Q4 24 | $763.9M | — | ||
| Q3 24 | $769.2M | — | ||
| Q2 24 | $786.7M | — | ||
| Q1 24 | $795.8M | — |
股东权益CAPLOUT
| Q4 25 | — | $710.4M | ||
| Q3 25 | — | $542.6M | ||
| Q2 25 | — | $539.1M | ||
| Q1 25 | — | $566.9M | ||
| Q4 24 | — | $649.0M | ||
| Q3 24 | — | $618.2M | ||
| Q2 24 | — | $664.9M | ||
| Q1 24 | — | $524.2M |
总资产CAPLOUT
| Q4 25 | $964.7M | $5.3B | ||
| Q3 25 | $998.9M | $5.2B | ||
| Q2 25 | $1.0B | $5.1B | ||
| Q1 25 | $1.1B | $5.1B | ||
| Q4 24 | $1.1B | $5.2B | ||
| Q3 24 | $1.1B | $5.2B | ||
| Q2 24 | $1.2B | $5.3B | ||
| Q1 24 | $1.2B | $5.5B |
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 | $118.1M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $93.3M |
| 自由现金流率自由现金流/营收 | 2.6% | 18.2% |
| 资本支出强度资本支出/营收 | 0.8% | 4.8% |
| 现金转化率经营现金流/净利润 | 2.89× | 1.22× |
| 过去12个月自由现金流最近4个季度 | $55.8M | $218.8M |
8季度趋势，按日历期对齐
经营现金流CAPLOUT
| Q4 25 | $29.4M | $118.1M | ||
| Q3 25 | $24.4M | $88.8M | ||
| Q2 25 | $22.6M | $67.1M | ||
| Q1 25 | $15.0M | $33.6M | ||
| Q4 24 | $11.1M | $124.5M | ||
| Q3 24 | $41.9M | $73.1M | ||
| Q2 24 | $28.9M | $71.0M | ||
| Q1 24 | $5.8M | $30.6M |
自由现金流CAPLOUT
| Q4 25 | $22.4M | $93.3M | ||
| Q3 25 | $17.7M | $67.7M | ||
| Q2 25 | $10.8M | $41.4M | ||
| Q1 25 | $4.9M | $16.4M | ||
| Q4 24 | $3.9M | $106.3M | ||
| Q3 24 | $34.2M | $55.5M | ||
| Q2 24 | $23.6M | $47.1M | ||
| Q1 24 | $-289.0K | $12.2M |
自由现金流率CAPLOUT
| Q4 25 | 2.6% | 18.2% | ||
| Q3 25 | 1.8% | 14.5% | ||
| Q2 25 | 1.1% | 9.0% | ||
| Q1 25 | 0.6% | 4.2% | ||
| Q4 24 | 0.4% | 21.6% | ||
| Q3 24 | 3.2% | 12.3% | ||
| Q2 24 | 2.1% | 9.9% | ||
| Q1 24 | -0.0% | 3.0% |
资本支出强度CAPLOUT
| Q4 25 | 0.8% | 4.8% | ||
| Q3 25 | 0.7% | 4.5% | ||
| Q2 25 | 1.2% | 5.6% | ||
| Q1 25 | 1.2% | 4.4% | ||
| Q4 24 | 0.8% | 3.7% | ||
| Q3 24 | 0.7% | 3.9% | ||
| Q2 24 | 0.5% | 5.0% | ||
| Q1 24 | 0.6% | 4.5% |
现金转化率CAPLOUT
| Q4 25 | 2.89× | 1.22× | ||
| Q3 25 | 1.79× | 1.73× | ||
| Q2 25 | 0.90× | 3.44× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.66× | 1.68× | ||
| Q3 24 | 3.92× | 2.11× | ||
| Q2 24 | 2.33× | 0.40× | ||
| 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% |
OUT
| Static Displays | $236.3M | 46% |
| Other | $134.8M | 26% |
| Digital Displays | $125.3M | 24% |
| Other Revenues | $1.9M | 0% |
