vs
CrossAmerica Partners LP（CAPL）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
罗布乐思的季度营收约是CrossAmerica Partners LP的1.6倍（$1.4B vs $866.3M），CrossAmerica Partners LP净利率更高（1.2% vs -22.3%，领先23.5%），罗布乐思同比增速更快（43.2% vs -8.3%），罗布乐思自由现金流更多（$308.6M vs $22.4M），过去两年罗布乐思的营收复合增速更高（32.9% 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。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
CAPL vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.6倍
$866.3M
营收增速更快
RBLX
高出51.4%
-8.3%
净利率更高
CAPL
高出23.5%
-22.3%
自由现金流更多
RBLX
多$286.2M
$22.4M
两年增速更快
RBLX
近两年复合增速
-4.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $1.4B |
| 净利润 | $10.2M | $-316.0M |
| 毛利率 | 12.4% | 77.7% |
| 营业利润率 | 3.0% | -25.3% |
| 净利率 | 1.2% | -22.3% |
| 营收同比 | -8.3% | 43.2% |
| 净利润同比 | -39.6% | -43.9% |
| 每股收益（稀释后） | $0.24 | $-0.44 |
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CAPLRBLX
| Q4 25 | $866.3M | $1.4B | ||
| Q3 25 | $971.8M | $1.4B | ||
| Q2 25 | $961.9M | $1.1B | ||
| Q1 25 | $862.5M | $1.0B | ||
| Q4 24 | $944.2M | $988.2M | ||
| Q3 24 | $1.1B | $919.0M | ||
| Q2 24 | $1.1B | $893.5M | ||
| Q1 24 | $941.5M | $801.3M |
净利润CAPLRBLX
| Q4 25 | $10.2M | $-316.0M | ||
| Q3 25 | $13.6M | $-255.6M | ||
| Q2 25 | $25.2M | $-278.4M | ||
| Q1 25 | $-7.1M | $-215.1M | ||
| Q4 24 | $16.9M | $-219.6M | ||
| Q3 24 | $10.7M | $-239.3M | ||
| Q2 24 | $12.4M | $-205.9M | ||
| Q1 24 | $-17.5M | $-270.6M |
毛利率CAPLRBLX
| Q4 25 | 12.4% | 77.7% | ||
| Q3 25 | 10.8% | 78.2% | ||
| Q2 25 | 10.5% | 78.2% | ||
| Q1 25 | 10.4% | 78.3% | ||
| Q4 24 | 10.7% | 77.9% | ||
| Q3 24 | 10.3% | 77.7% | ||
| Q2 24 | 9.2% | 77.8% | ||
| Q1 24 | 8.6% | 77.7% |
营业利润率CAPLRBLX
| Q4 25 | 3.0% | -25.3% | ||
| Q3 25 | 2.9% | -21.8% | ||
| Q2 25 | 4.3% | -29.8% | ||
| Q1 25 | 0.2% | -24.6% | ||
| Q4 24 | 3.0% | -24.7% | ||
| Q3 24 | 2.5% | -30.4% | ||
| Q2 24 | 2.5% | -26.6% | ||
| Q1 24 | -1.4% | -37.7% |
净利率CAPLRBLX
| Q4 25 | 1.2% | -22.3% | ||
| Q3 25 | 1.4% | -18.8% | ||
| Q2 25 | 2.6% | -25.8% | ||
| Q1 25 | -0.8% | -20.8% | ||
| Q4 24 | 1.8% | -22.2% | ||
| Q3 24 | 1.0% | -26.0% | ||
| Q2 24 | 1.1% | -23.0% | ||
| Q1 24 | -1.9% | -33.8% |
每股收益（稀释后）CAPLRBLX
| Q4 25 | $0.24 | $-0.44 | ||
| Q3 25 | $0.34 | $-0.37 | ||
| Q2 25 | $0.64 | $-0.41 | ||
| Q1 25 | $-0.20 | $-0.32 | ||
| Q4 24 | $0.42 | $-0.32 | ||
| Q3 24 | $0.27 | $-0.37 | ||
| Q2 24 | $0.31 | $-0.32 | ||
| Q1 24 | $-0.48 | $-0.43 |
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 | $3.1B |
| 总债务越低越好 | $687.2M | $1.2B |
| 股东权益账面价值 | — | $394.5M |
| 总资产 | $964.7M | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资CAPLRBLX
| Q4 25 | $3.1M | $3.1B | ||
| Q3 25 | $5.8M | $2.9B | ||
| Q2 25 | $9.7M | $2.6B | ||
| Q1 25 | $6.7M | $2.7B | ||
| Q4 24 | $3.4M | $2.4B | ||
| Q3 24 | $7.8M | $2.3B | ||
| Q2 24 | $5.5M | $2.4B | ||
| Q1 24 | $6.3M | $2.4B |
总债务CAPLRBLX
| Q4 25 | $687.2M | $1.2B | ||
| Q3 25 | $700.8M | — | ||
| Q2 25 | $722.7M | — | ||
| Q1 25 | $774.1M | — | ||
| Q4 24 | $763.9M | $1.2B | ||
| Q3 24 | $769.2M | — | ||
| Q2 24 | $786.7M | — | ||
| Q1 24 | $795.8M | — |
股东权益CAPLRBLX
| Q4 25 | — | $394.5M | ||
| Q3 25 | — | $407.6M | ||
| Q2 25 | — | $353.2M | ||
| Q1 25 | — | $310.7M | ||
| Q4 24 | — | $221.4M | ||
| Q3 24 | — | $189.9M | ||
| Q2 24 | — | $121.5M | ||
| Q1 24 | — | $71.6M |
总资产CAPLRBLX
| Q4 25 | $964.7M | $9.6B | ||
| Q3 25 | $998.9M | $8.6B | ||
| Q2 25 | $1.0B | $7.8B | ||
| Q1 25 | $1.1B | $7.5B | ||
| Q4 24 | $1.1B | $7.2B | ||
| Q3 24 | $1.1B | $6.7B | ||
| Q2 24 | $1.2B | $6.5B | ||
| Q1 24 | $1.2B | $6.3B |
负债/权益比CAPLRBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $308.6M |
| 自由现金流率自由现金流/营收 | 2.6% | 21.8% |
| 资本支出强度资本支出/营收 | 0.8% | 21.1% |
| 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 | $1.4B |
8季度趋势，按日历期对齐
经营现金流CAPLRBLX
| Q4 25 | $29.4M | $607.0M | ||
| Q3 25 | $24.4M | $546.2M | ||
| Q2 25 | $22.6M | $199.3M | ||
| Q1 25 | $15.0M | $443.9M | ||
| Q4 24 | $11.1M | $184.5M | ||
| Q3 24 | $41.9M | $247.4M | ||
| Q2 24 | $28.9M | $151.4M | ||
| Q1 24 | $5.8M | $238.9M |
自由现金流CAPLRBLX
| Q4 25 | $22.4M | $308.6M | ||
| Q3 25 | $17.7M | $443.6M | ||
| Q2 25 | $10.8M | $176.7M | ||
| Q1 25 | $4.9M | $426.5M | ||
| Q4 24 | $3.9M | $120.6M | ||
| Q3 24 | $34.2M | $218.0M | ||
| Q2 24 | $23.6M | $111.7M | ||
| Q1 24 | $-289.0K | $192.3M |
自由现金流率CAPLRBLX
| Q4 25 | 2.6% | 21.8% | ||
| Q3 25 | 1.8% | 32.6% | ||
| Q2 25 | 1.1% | 16.3% | ||
| Q1 25 | 0.6% | 41.2% | ||
| Q4 24 | 0.4% | 12.2% | ||
| Q3 24 | 3.2% | 23.7% | ||
| Q2 24 | 2.1% | 12.5% | ||
| Q1 24 | -0.0% | 24.0% |
资本支出强度CAPLRBLX
| Q4 25 | 0.8% | 21.1% | ||
| Q3 25 | 0.7% | 7.5% | ||
| Q2 25 | 1.2% | 2.1% | ||
| Q1 25 | 1.2% | 1.7% | ||
| Q4 24 | 0.8% | 6.5% | ||
| Q3 24 | 0.7% | 3.2% | ||
| Q2 24 | 0.5% | 4.4% | ||
| Q1 24 | 0.6% | 5.8% |
现金转化率CAPLRBLX
| Q4 25 | 2.89× | — | ||
| Q3 25 | 1.79× | — | ||
| 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% |
RBLX
暂无分部数据
