vs
Crown Castle（CCI）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
罗致恒富的季度营收约是Crown Castle的1.3倍（$1.3B vs $1.0B），Crown Castle同比增速更快（-4.8% vs -5.8%），罗致恒富自由现金流更多（$170.8M vs $-43.0M），过去两年Crown Castle的营收复合增速更高（-4.5% vs -6.1%）
Crown Castle Inc.是总部位于美国得克萨斯州休斯敦的房地产投资信托企业，同时是美国共享通信基础设施服务商，在全球设有100个办事处，旗下拥有超4万座信号塔、约8.5万英里光纤线路，为小基站及光纤系统提供网络支撑。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
CCI vs RHI — 直观对比
营收规模更大
RHI
是对方的1.3倍
$1.0B
营收增速更快
CCI
高出1.0%
-5.8%
自由现金流更多
RHI
多$213.8M
$-43.0M
两年增速更快
CCI
近两年复合增速
-6.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.3B |
| 净利润 | $-464.0M | — |
| 毛利率 | — | 37.6% |
| 营业利润率 | 46.0% | 1.7% |
| 净利率 | -45.9% | — |
| 营收同比 | -4.8% | -5.8% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $1.48 | $0.32 |
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CCIRHI
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.1B | $1.4B | ||
| Q3 24 | $1.1B | $1.5B | ||
| Q2 24 | $1.1B | $1.5B |
净利润CCIRHI
| Q1 26 | $-464.0M | — | ||
| Q4 25 | $294.0M | — | ||
| Q3 25 | $323.0M | $42.9M | ||
| Q2 25 | $291.0M | $41.0M | ||
| Q1 25 | $-464.0M | $17.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | $303.0M | $65.5M | ||
| Q2 24 | $251.0M | $68.2M |
毛利率CCIRHI
| Q1 26 | — | — | ||
| Q4 25 | 97.4% | 37.6% | ||
| Q3 25 | 97.2% | 37.2% | ||
| Q2 25 | 97.5% | 37.2% | ||
| Q1 25 | 97.4% | 36.9% | ||
| Q4 24 | 97.7% | 38.8% | ||
| Q3 24 | 97.6% | 39.0% | ||
| Q2 24 | 97.7% | 39.2% |
营业利润率CCIRHI
| Q1 26 | 46.0% | — | ||
| Q4 25 | 48.8% | 1.7% | ||
| Q3 25 | 49.0% | 1.0% | ||
| Q2 25 | 47.7% | 0.1% | ||
| Q1 25 | 49.1% | 2.9% | ||
| Q4 24 | 51.0% | 4.7% | ||
| Q3 24 | 47.5% | 4.1% | ||
| Q2 24 | 44.7% | 5.1% |
净利率CCIRHI
| Q1 26 | -45.9% | — | ||
| Q4 25 | 27.5% | — | ||
| Q3 25 | 30.1% | 3.2% | ||
| Q2 25 | 27.5% | 3.0% | ||
| Q1 25 | -43.7% | 1.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | 27.1% | 4.5% | ||
| Q2 24 | 22.7% | 4.6% |
每股收益（稀释后）CCIRHI
| Q1 26 | $1.48 | — | ||
| Q4 25 | $0.67 | $0.32 | ||
| Q3 25 | $0.74 | $0.43 | ||
| Q2 25 | $0.67 | $0.41 | ||
| Q1 25 | $-1.07 | $0.17 | ||
| Q4 24 | — | $0.53 | ||
| Q3 24 | $0.70 | $0.64 | ||
| Q2 24 | $0.58 | $0.66 |
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 | $55.0M | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $1.3B |
| 总资产 | $31.4B | $2.9B |
| 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CCIRHI
| Q1 26 | $55.0M | — | ||
| Q4 25 | $99.0M | $464.4M | ||
| Q3 25 | $57.0M | $365.3M | ||
| Q2 25 | $94.0M | $380.5M | ||
| Q1 25 | $60.0M | $342.5M | ||
| Q4 24 | $100.0M | $537.6M | ||
| Q3 24 | $194.0M | $570.5M | ||
| Q2 24 | $155.0M | $547.4M |
总债务CCIRHI
| Q1 26 | — | — | ||
| Q4 25 | $21.6B | — | ||
| Q3 25 | $21.6B | — | ||
| Q2 25 | $22.0B | — | ||
| Q1 25 | $22.9B | — | ||
| Q4 24 | $23.5B | — | ||
| Q3 24 | $23.5B | — | ||
| Q2 24 | $22.9B | — |
股东权益CCIRHI
| Q1 26 | — | — | ||
| Q4 25 | $-1.6B | $1.3B | ||
| Q3 25 | $-1.5B | $1.3B | ||
| Q2 25 | $-1.4B | $1.3B | ||
| Q1 25 | $-1.3B | $1.3B | ||
| Q4 24 | $-133.0M | $1.4B | ||
| Q3 24 | $5.3B | $1.5B | ||
| Q2 24 | $5.7B | $1.5B |
总资产CCIRHI
| Q1 26 | $31.4B | — | ||
| Q4 25 | $31.5B | $2.9B | ||
| Q3 25 | $31.5B | $2.8B | ||
| Q2 25 | $31.6B | $2.8B | ||
| Q1 25 | $31.8B | $2.7B | ||
| Q4 24 | $32.7B | $2.9B | ||
| Q3 24 | $38.0B | $3.0B | ||
| Q2 24 | $38.2B | $2.9B |
负债/权益比CCIRHI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.43× | — | ||
| Q2 24 | 4.04× | — |
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 | — | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $-43.0M | $170.8M |
| 自由现金流率自由现金流/营收 | -4.3% | 13.1% |
| 资本支出强度资本支出/营收 | 1.0% | 0.9% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $4.3B | $266.8M |
8季度趋势，按日历期对齐
经营现金流CCIRHI
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $182.5M | ||
| Q3 25 | $714.0M | $77.4M | ||
| Q2 25 | $832.0M | $119.4M | ||
| Q1 25 | $641.0M | $-59.3M | ||
| Q4 24 | $2.9B | $154.8M | ||
| Q3 24 | $699.0M | $129.6M | ||
| Q2 24 | $768.0M | $142.0M |
自由现金流CCIRHI
| Q1 26 | $-43.0M | — | ||
| Q4 25 | $2.9B | $170.8M | ||
| Q3 25 | $671.0M | $63.6M | ||
| Q2 25 | $792.0M | $104.2M | ||
| Q1 25 | $601.0M | $-71.7M | ||
| Q4 24 | $2.8B | $140.5M | ||
| Q3 24 | $661.0M | $111.8M | ||
| Q2 24 | $729.0M | $129.6M |
自由现金流率CCIRHI
| Q1 26 | -4.3% | — | ||
| Q4 25 | 268.4% | 13.1% | ||
| Q3 25 | 62.6% | 4.7% | ||
| Q2 25 | 74.7% | 7.6% | ||
| Q1 25 | 56.6% | -5.3% | ||
| Q4 24 | 247.3% | 10.2% | ||
| Q3 24 | 59.0% | 7.6% | ||
| Q2 24 | 65.9% | 8.8% |
资本支出强度CCIRHI
| Q1 26 | 1.0% | — | ||
| Q4 25 | 17.0% | 0.9% | ||
| Q3 25 | 4.0% | 1.0% | ||
| Q2 25 | 3.8% | 1.1% | ||
| Q1 25 | 3.8% | 0.9% | ||
| Q4 24 | 15.7% | 1.0% | ||
| Q3 24 | 3.4% | 1.2% | ||
| Q2 24 | 3.5% | 0.8% |
现金转化率CCIRHI
| Q1 26 | — | — | ||
| Q4 25 | 10.40× | — | ||
| Q3 25 | 2.21× | 1.80× | ||
| Q2 25 | 2.86× | 2.91× | ||
| Q1 25 | — | -3.42× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.31× | 1.98× | ||
| Q2 24 | 3.06× | 2.08× |
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
CCI
| Site rental | $961.0M | 95% |
| Services and other | $49.0M | 5% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
