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Crown Castle（CCI）与Veralto（VLTO）财务数据对比。点击上方公司名可切换其他公司
Veralto的季度营收约是Crown Castle的1.4倍（$1.4B vs $1.0B），Crown Castle净利率更高（77.2% vs 17.9%，领先59.4%），Veralto同比增速更快（6.8% vs -4.8%），Veralto自由现金流更多（$170.0M vs $-43.0M），过去两年Veralto的营收复合增速更高（6.8% vs -4.5%）
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。
Veralto是总部位于美国马萨诸塞州沃尔瑟姆的科技企业，核心业务覆盖水分析、水处理、标识喷码、包装及色彩管理相关产品的研发与生产，面向全球多领域客户提供适配的技术产品及配套服务。
CCI vs VLTO — 直观对比
营收规模更大
VLTO
是对方的1.4倍
$1.0B
营收增速更快
VLTO
高出11.6%
-4.8%
净利率更高
CCI
高出59.4%
17.9%
自由现金流更多
VLTO
多$213.0M
$-43.0M
两年增速更快
VLTO
近两年复合增速
-4.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.4B |
| 净利润 | $780.0M | $254.0M |
| 毛利率 | — | 60.1% |
| 营业利润率 | — | 23.8% |
| 净利率 | 77.2% | 17.9% |
| 营收同比 | -4.8% | 6.8% |
| 净利润同比 | 76.0% | 12.9% |
| 每股收益（稀释后） | $1.80 | $1.02 |
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CCIVLTO
| Q1 26 | $1.0B | $1.4B | ||
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $1.1B | $1.3B |
净利润CCIVLTO
| Q1 26 | $780.0M | $254.0M | ||
| Q4 25 | $294.0M | $239.0M | ||
| Q3 25 | $323.0M | $222.0M | ||
| Q2 25 | $291.0M | $225.0M | ||
| Q1 25 | $-464.0M | — | ||
| Q4 24 | — | $227.0M | ||
| Q3 24 | $303.0M | $219.0M | ||
| Q2 24 | $251.0M | $203.0M |
毛利率CCIVLTO
| Q1 26 | — | 60.1% | ||
| Q4 25 | 97.4% | 60.1% | ||
| Q3 25 | 97.2% | 60.0% | ||
| Q2 25 | 97.5% | 60.4% | ||
| Q1 25 | 97.4% | — | ||
| Q4 24 | 97.7% | 59.6% | ||
| Q3 24 | 97.6% | 59.6% | ||
| Q2 24 | 97.7% | 60.1% |
营业利润率CCIVLTO
| Q1 26 | — | 23.8% | ||
| Q4 25 | 48.8% | 23.2% | ||
| Q3 25 | 49.0% | 22.8% | ||
| Q2 25 | 47.7% | 24.2% | ||
| Q1 25 | 49.1% | — | ||
| Q4 24 | 51.0% | 22.9% | ||
| Q3 24 | 47.5% | 23.4% | ||
| Q2 24 | 44.7% | 23.2% |
净利率CCIVLTO
| Q1 26 | 77.2% | 17.9% | ||
| Q4 25 | 27.5% | 17.0% | ||
| Q3 25 | 30.1% | 16.2% | ||
| Q2 25 | 27.5% | 16.9% | ||
| Q1 25 | -43.7% | — | ||
| Q4 24 | — | 16.9% | ||
| Q3 24 | 27.1% | 16.7% | ||
| Q2 24 | 22.7% | 15.8% |
每股收益（稀释后）CCIVLTO
| Q1 26 | $1.80 | $1.02 | ||
| Q4 25 | $0.67 | $0.95 | ||
| Q3 25 | $0.74 | $0.89 | ||
| Q2 25 | $0.67 | $0.90 | ||
| Q1 25 | $-1.07 | — | ||
| Q4 24 | — | $0.91 | ||
| Q3 24 | $0.70 | $0.88 | ||
| Q2 24 | $0.58 | $0.81 |
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 | $55.0K | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | — |
| 总资产 | $31.4M | — |
| 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CCIVLTO
| Q1 26 | $55.0K | — | ||
| Q4 25 | $99.0M | $1.8B | ||
| Q3 25 | $57.0M | $1.6B | ||
| Q2 25 | $94.0M | $1.2B | ||
| Q1 25 | $60.0M | — | ||
| Q4 24 | $100.0M | $1.1B | ||
| Q3 24 | $194.0M | $1.3B | ||
| Q2 24 | $155.0M | $1.0B |
总债务CCIVLTO
| Q1 26 | — | — | ||
| Q4 25 | $21.6B | $2.7B | ||
| Q3 25 | $21.6B | $2.7B | ||
| Q2 25 | $22.0B | $2.6B | ||
| Q1 25 | $22.9B | — | ||
| Q4 24 | $23.5B | $2.6B | ||
| Q3 24 | $23.5B | $2.6B | ||
| Q2 24 | $22.9B | $2.6B |
股东权益CCIVLTO
| Q1 26 | — | — | ||
| Q4 25 | $-1.6B | $2.8B | ||
| Q3 25 | $-1.5B | $2.7B | ||
| Q2 25 | $-1.4B | $2.3B | ||
| Q1 25 | $-1.3B | — | ||
| Q4 24 | $-133.0M | $2.0B | ||
| Q3 24 | $5.3B | $2.0B | ||
| Q2 24 | $5.7B | $1.7B |
总资产CCIVLTO
| Q1 26 | $31.4M | — | ||
| Q4 25 | $31.5B | $7.4B | ||
| Q3 25 | $31.5B | $7.2B | ||
| Q2 25 | $31.6B | $6.6B | ||
| Q1 25 | $31.8B | — | ||
| Q4 24 | $32.7B | $6.4B | ||
| Q3 24 | $38.0B | $6.3B | ||
| Q2 24 | $38.2B | $5.9B |
负债/权益比CCIVLTO
| Q1 26 | — | — | ||
| Q4 25 | — | 0.94× | ||
| Q3 25 | — | 1.01× | ||
| Q2 25 | — | 1.14× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.28× | ||
| Q3 24 | 4.43× | 1.35× | ||
| Q2 24 | 4.04× | 1.57× |
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 | — | $182.0M |
| 自由现金流经营现金流 - 资本支出 | $-43.0M | $170.0M |
| 自由现金流率自由现金流/营收 | -4.3% | 12.0% |
| 资本支出强度资本支出/营收 | 14.9% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 0.72× |
| 过去12个月自由现金流最近4个季度 | $4.3B | $893.0M |
8季度趋势，按日历期对齐
经营现金流CCIVLTO
| Q1 26 | — | $182.0M | ||
| Q4 25 | $3.1B | $270.0M | ||
| Q3 25 | $714.0M | $339.0M | ||
| Q2 25 | $832.0M | $157.0M | ||
| Q1 25 | $641.0M | — | ||
| Q4 24 | $2.9B | $285.0M | ||
| Q3 24 | $699.0M | $224.0M | ||
| Q2 24 | $768.0M | $251.0M |
自由现金流CCIVLTO
| Q1 26 | $-43.0M | $170.0M | ||
| Q4 25 | $2.9B | $258.0M | ||
| Q3 25 | $671.0M | $323.0M | ||
| Q2 25 | $792.0M | $142.0M | ||
| Q1 25 | $601.0M | — | ||
| Q4 24 | $2.8B | $263.0M | ||
| Q3 24 | $661.0M | $215.0M | ||
| Q2 24 | $729.0M | $240.0M |
自由现金流率CCIVLTO
| Q1 26 | -4.3% | 12.0% | ||
| Q4 25 | 268.4% | 18.4% | ||
| Q3 25 | 62.6% | 23.6% | ||
| Q2 25 | 74.7% | 10.7% | ||
| Q1 25 | 56.6% | — | ||
| Q4 24 | 247.3% | 19.6% | ||
| Q3 24 | 59.0% | 16.4% | ||
| Q2 24 | 65.9% | 18.6% |
资本支出强度CCIVLTO
| Q1 26 | 14.9% | 0.8% | ||
| Q4 25 | 17.0% | 0.9% | ||
| Q3 25 | 4.0% | 1.2% | ||
| Q2 25 | 3.8% | 1.1% | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | 15.7% | 1.6% | ||
| Q3 24 | 3.4% | 0.7% | ||
| Q2 24 | 3.5% | 0.9% |
现金转化率CCIVLTO
| Q1 26 | — | 0.72× | ||
| Q4 25 | 10.40× | 1.13× | ||
| Q3 25 | 2.21× | 1.53× | ||
| Q2 25 | 2.86× | 0.70× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | 2.31× | 1.02× | ||
| Q2 24 | 3.06× | 1.24× |
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
CCI
| Site rental | $961.0M | 95% |
| Services and other | $49.0M | 5% |
VLTO
暂无分部数据
