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CBIZ, Inc.（CBZ）与Madison Square Garden Entertainment Corp.（MSGE）财务数据对比。点击上方公司名可切换其他公司
CBIZ, Inc.的季度营收约是Madison Square Garden Entertainment Corp.的1.3倍（$542.7M vs $424.8M），Madison Square Garden Entertainment Corp.净利率更高（21.8% vs -14.6%，领先36.5%），CBIZ, Inc.同比增速更快（100.0% vs 12.5%），过去两年Madison Square Garden Entertainment Corp.的营收复合增速更高（48.9% vs 13.7%）
CBIZ, Inc.是美国知名的金融、保险及咨询服务提供商，总部位于俄亥俄州独立市，为美国规模最大的会计、保险经纪、金融与咨询服务机构之一。集团在全美设有120多个办事处，拥有近7000名员工，1996年起在纽交所上市，1997年起使用股票代码CBZ交易。
麦迪逊广场花园娱乐公司是总部位于美国纽约的体育控股企业，依托麦迪逊广场花园的核心资源，在体育赛事运营、体育IP管理及相关商业化领域拥有深厚行业积累与广泛影响力。
CBZ vs MSGE — 直观对比
营收规模更大
CBZ
是对方的1.3倍
$424.8M
营收增速更快
CBZ
高出87.5%
12.5%
净利率更高
MSGE
高出36.5%
-14.6%
两年增速更快
MSGE
近两年复合增速
13.7%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $542.7M | $424.8M |
| 净利润 | $-79.4M | $92.7M |
| 毛利率 | — | — |
| 营业利润率 | 43.1% | 38.6% |
| 净利率 | -14.6% | 21.8% |
| 营收同比 | 100.0% | 12.5% |
| 净利润同比 | 4.2% | 22.2% |
| 每股收益（稀释后） | $-1.28 | $1.94 |
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CBZMSGE
| Q1 26 | $542.7M | — | ||
| Q4 25 | $542.7M | $424.8M | ||
| Q3 25 | $693.8M | $154.1M | ||
| Q2 25 | $683.5M | $145.1M | ||
| Q1 25 | $838.0M | $206.0M | ||
| Q4 24 | $460.3M | $377.6M | ||
| Q3 24 | $438.9M | $134.1M | ||
| Q2 24 | $420.0M | $177.6M |
净利润CBZMSGE
| Q1 26 | $-79.4M | — | ||
| Q4 25 | $-79.4M | $92.7M | ||
| Q3 25 | $30.1M | $-21.7M | ||
| Q2 25 | $41.9M | $-27.2M | ||
| Q1 25 | $122.8M | $8.0M | ||
| Q4 24 | $-90.7M | $75.9M | ||
| Q3 24 | $35.1M | $-19.3M | ||
| Q2 24 | $19.8M | $66.9M |
毛利率CBZMSGE
| Q1 26 | — | — | ||
| Q4 25 | -9.4% | — | ||
| Q3 25 | 13.0% | — | ||
| Q2 25 | 12.9% | — | ||
| Q1 25 | 27.2% | — | ||
| Q4 24 | -13.4% | — | ||
| Q3 24 | 16.6% | — | ||
| Q2 24 | 12.8% | — |
营业利润率CBZMSGE
| Q1 26 | 43.1% | — | ||
| Q4 25 | -15.7% | 38.6% | ||
| Q3 25 | 8.5% | -19.3% | ||
| Q2 25 | 8.8% | -17.7% | ||
| Q1 25 | 23.9% | 13.3% | ||
| Q4 24 | -23.2% | 36.8% | ||
| Q3 24 | 11.3% | -13.8% | ||
| Q2 24 | 7.5% | -5.0% |
净利率CBZMSGE
| Q1 26 | -14.6% | — | ||
| Q4 25 | -14.6% | 21.8% | ||
| Q3 25 | 4.3% | -14.0% | ||
| Q2 25 | 6.1% | -18.7% | ||
| Q1 25 | 14.7% | 3.9% | ||
| Q4 24 | -19.7% | 20.1% | ||
| Q3 24 | 8.0% | -14.4% | ||
| Q2 24 | 4.7% | 37.7% |
每股收益（稀释后）CBZMSGE
| Q1 26 | $-1.28 | — | ||
| Q4 25 | $-1.22 | $1.94 | ||
| Q3 25 | $0.48 | $-0.46 | ||
| Q2 25 | $0.66 | $-0.56 | ||
| Q1 25 | $1.91 | $0.17 | ||
| Q4 24 | $-1.84 | $1.56 | ||
| Q3 24 | $0.70 | $-0.40 | ||
| Q2 24 | $0.39 | $1.32 |
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 | $18.3M | $157.1M |
| 总债务越低越好 | — | $554.6M |
| 股东权益账面价值 | $1.8B | $36.0M |
| 总资产 | $4.4B | $1.8B |
| 负债/权益比越低杠杆越低 | — | 15.40× |
8季度趋势，按日历期对齐
现金及短期投资CBZMSGE
| Q1 26 | $18.3M | — | ||
| Q4 25 | $18.3M | $157.1M | ||
| Q3 25 | $17.0M | $29.9M | ||
| Q2 25 | $39.8M | $43.0M | ||
| Q1 25 | $8.8M | $89.0M | ||
| Q4 24 | $13.8M | $54.9M | ||
| Q3 24 | $1.1M | $37.3M | ||
| Q2 24 | $1.1M | $33.3M |
总债务CBZMSGE
| Q1 26 | — | — | ||
| Q4 25 | — | $554.6M | ||
| Q3 25 | — | $581.7M | ||
| Q2 25 | — | $568.8M | ||
| Q1 25 | — | $577.4M | ||
| Q4 24 | — | $584.7M | ||
| Q3 24 | — | $647.0M | ||
| Q2 24 | — | $599.2M |
股东权益CBZMSGE
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $36.0M | ||
| Q3 25 | $1.9B | $-65.8M | ||
| Q2 25 | $1.9B | $-13.3M | ||
| Q1 25 | $1.9B | $9.5M | ||
| Q4 24 | $1.8B | $10.3M | ||
| Q3 24 | $927.9M | $-48.7M | ||
| Q2 24 | $891.4M | $-23.2M |
总资产CBZMSGE
| Q1 26 | $4.4B | — | ||
| Q4 25 | $4.4B | $1.8B | ||
| Q3 25 | $4.5B | $1.7B | ||
| Q2 25 | $4.5B | $1.7B | ||
| Q1 25 | $4.6B | $1.7B | ||
| Q4 24 | $4.5B | $1.6B | ||
| Q3 24 | $2.1B | $1.6B | ||
| Q2 24 | $2.2B | $1.6B |
负债/权益比CBZMSGE
| Q1 26 | — | — | ||
| Q4 25 | — | 15.40× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 60.61× | ||
| Q4 24 | — | 56.61× | ||
| Q3 24 | — | — | ||
| Q2 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 | $192.5M | $164.4M |
| 自由现金流经营现金流 - 资本支出 | $175.5M | — |
| 自由现金流率自由现金流/营收 | 32.3% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.77× |
| 过去12个月自由现金流最近4个季度 | $444.5M | — |
8季度趋势，按日历期对齐
经营现金流CBZMSGE
| Q1 26 | $192.5M | — | ||
| Q4 25 | $143.6M | $164.4M | ||
| Q3 25 | $24.0M | $19.8M | ||
| Q2 25 | $113.1M | $-27.0M | ||
| Q1 25 | $-88.3M | $56.8M | ||
| Q4 24 | $55.5M | $112.9M | ||
| Q3 24 | $43.7M | $-27.4M | ||
| Q2 24 | $88.2M | $212.0K |
自由现金流CBZMSGE
| Q1 26 | $175.5M | — | ||
| Q4 25 | $141.7M | — | ||
| Q3 25 | $22.1M | — | ||
| Q2 25 | $105.2M | — | ||
| Q1 25 | $-93.4M | — | ||
| Q4 24 | $52.3M | — | ||
| Q3 24 | $41.1M | — | ||
| Q2 24 | $86.3M | — |
自由现金流率CBZMSGE
| Q1 26 | 32.3% | — | ||
| Q4 25 | 26.1% | — | ||
| Q3 25 | 3.2% | — | ||
| Q2 25 | 15.4% | — | ||
| Q1 25 | -11.2% | — | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 9.4% | — | ||
| Q2 24 | 20.5% | — |
资本支出强度CBZMSGE
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.4% | — |
现金转化率CBZMSGE
| Q1 26 | — | — | ||
| Q4 25 | — | 1.77× | ||
| Q3 25 | 0.79× | — | ||
| Q2 25 | 2.70× | — | ||
| Q1 25 | -0.72× | 7.07× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 4.45× | 0.00× |
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
CBZ
暂无分部数据
MSGE
| Ticketing And Venue License Fee Revenues | $263.5M | 62% |
| Food Beverage And Merchandise Revenues | $64.3M | 15% |
| Related Party | $43.9M | 10% |
| Arena Licensing Fees And Other Leasing Revenue | $35.2M | 8% |
| Other | $15.9M | 4% |
