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丹麦皇冠（CCK）与Coinbase（COIN）财务数据对比。点击上方公司名可切换其他公司
丹麦皇冠的季度营收约是Coinbase的1.8倍（$3.3B vs $1.8B），丹麦皇冠净利率更高（6.3% vs -37.4%，领先43.8%），丹麦皇冠同比增速更快（12.9% vs -21.6%），过去两年Coinbase的营收复合增速更高（4.3% vs 3.5%）
丹麦皇冠是来自丹麦的国际化食品企业，核心业务涵盖生猪、肉牛的屠宰加工及销售，旗下拥有多家子公司，业务覆盖食品行业多品类产品领域，首席执行官为尼尔斯·迪达尔，总部位于兰讷斯。
Coinbase是美国知名加密货币交易所，2012年由布莱恩·阿姆斯特朗与弗雷德·埃尔萨姆联合创立。截至2024年，平台拥有超1亿用户，业务覆盖100多个国家，是美国最大加密货币交易所、全球最大比特币托管机构，托管总资产近5160亿美元，持有约12%的流通比特币及11%的质押以太币。
CCK vs COIN — 直观对比
营收规模更大
CCK
是对方的1.8倍
$1.8B
营收增速更快
CCK
高出34.5%
-21.6%
净利率更高
CCK
高出43.8%
-37.4%
两年增速更快
COIN
近两年复合增速
3.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $1.8B |
| 净利润 | $206.0M | $-666.7M |
| 毛利率 | — | — |
| 营业利润率 | 11.2% | 15.4% |
| 净利率 | 6.3% | -37.4% |
| 营收同比 | 12.9% | -21.6% |
| 净利润同比 | -9.3% | -151.6% |
| 每股收益（稀释后） | $175.00 | $-2.43 |
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CCKCOIN
| Q1 26 | $3.3B | — | ||
| Q4 25 | $3.1B | $1.8B | ||
| Q3 25 | $3.2B | $1.9B | ||
| Q2 25 | $3.1B | $1.5B | ||
| Q1 25 | $2.9B | $2.0B | ||
| Q4 24 | $2.9B | $2.3B | ||
| Q3 24 | $3.1B | $1.2B | ||
| Q2 24 | $3.0B | $1.4B |
净利润CCKCOIN
| Q1 26 | $206.0M | — | ||
| Q4 25 | $150.0M | $-666.7M | ||
| Q3 25 | $214.0M | $432.6M | ||
| Q2 25 | $181.0M | $1.4B | ||
| Q1 25 | $193.0M | $65.6M | ||
| Q4 24 | $358.0M | $1.3B | ||
| Q3 24 | $-175.0M | $75.5M | ||
| Q2 24 | $174.0M | $36.1M |
营业利润率CCKCOIN
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.0% | 15.4% | ||
| Q3 25 | 13.2% | 25.7% | ||
| Q2 25 | 12.4% | -1.6% | ||
| Q1 25 | 12.6% | 34.7% | ||
| Q4 24 | 12.1% | 45.5% | ||
| Q3 24 | 14.4% | 14.1% | ||
| Q2 24 | 12.5% | 23.7% |
净利率CCKCOIN
| Q1 26 | 6.3% | — | ||
| Q4 25 | 4.8% | -37.4% | ||
| Q3 25 | 6.7% | 23.1% | ||
| Q2 25 | 5.7% | 95.4% | ||
| Q1 25 | 6.7% | 3.2% | ||
| Q4 24 | 12.3% | 56.8% | ||
| Q3 24 | -5.7% | 6.3% | ||
| Q2 24 | 5.7% | 2.5% |
每股收益（稀释后）CCKCOIN
| Q1 26 | $175.00 | — | ||
| Q4 25 | $1.32 | $-2.43 | ||
| Q3 25 | $1.85 | $1.50 | ||
| Q2 25 | $1.56 | $5.14 | ||
| Q1 25 | $1.65 | $0.24 | ||
| Q4 24 | $3.01 | $4.66 | ||
| Q3 24 | $-1.47 | $0.28 | ||
| Q2 24 | $1.45 | $0.14 |
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 | $584.0M | $11.6B |
| 总债务越低越好 | $53.0M | $7.2B |
| 股东权益账面价值 | $3.4B | $14.8B |
| 总资产 | $14.3B | $29.7B |
| 负债/权益比越低杠杆越低 | 0.02× | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资CCKCOIN
| Q1 26 | $584.0M | — | ||
| Q4 25 | $764.0M | $11.6B | ||
| Q3 25 | $1.2B | $9.8B | ||
| Q2 25 | $936.0M | $7.5B | ||
| Q1 25 | $779.0M | $8.1B | ||
| Q4 24 | $918.0M | $8.5B | ||
| Q3 24 | $1.7B | $7.7B | ||
| Q2 24 | $1.4B | $7.2B |
总债务CCKCOIN
| Q1 26 | $53.0M | — | ||
| Q4 25 | $5.9B | $7.2B | ||
| Q3 25 | $6.2B | $7.2B | ||
| Q2 25 | $6.3B | $4.2B | ||
| Q1 25 | $6.2B | $4.2B | ||
| Q4 24 | $6.1B | $4.2B | ||
| Q3 24 | $7.4B | $4.2B | ||
| Q2 24 | $7.3B | $4.2B |
股东权益CCKCOIN
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.0B | $14.8B | ||
| Q3 25 | $3.0B | $16.0B | ||
| Q2 25 | $2.9B | $12.1B | ||
| Q1 25 | $2.7B | $10.5B | ||
| Q4 24 | $2.8B | $10.3B | ||
| Q3 24 | $2.5B | $8.7B | ||
| Q2 24 | $2.5B | $8.4B |
总资产CCKCOIN
| Q1 26 | $14.3B | — | ||
| Q4 25 | $14.3B | $29.7B | ||
| Q3 25 | $14.6B | $31.4B | ||
| Q2 25 | $14.5B | $23.5B | ||
| Q1 25 | $13.8B | $21.7B | ||
| Q4 24 | $13.8B | $22.5B | ||
| Q3 24 | $15.1B | $290.6B | ||
| Q2 24 | $14.9B | $287.0B |
负债/权益比CCKCOIN
| Q1 26 | 0.02× | — | ||
| Q4 25 | 1.96× | 0.49× | ||
| Q3 25 | 2.07× | 0.45× | ||
| Q2 25 | 2.18× | 0.35× | ||
| Q1 25 | 2.31× | 0.40× | ||
| Q4 24 | 2.23× | 0.41× | ||
| Q3 24 | 2.93× | 0.48× | ||
| Q2 24 | 2.92× | 0.51× |
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 | — | $3.1B |
| 自由现金流经营现金流 - 资本支出 | $-129.0M | — |
| 自由现金流率自由现金流/营收 | -4.0% | — |
| 资本支出强度资本支出/营收 | 2.7% | — |
| 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 | $1.0B | — |
8季度趋势，按日历期对齐
经营现金流CCKCOIN
| Q1 26 | — | — | ||
| Q4 25 | $487.0M | $3.1B | ||
| Q3 25 | $580.0M | $-784.5M | ||
| Q2 25 | $449.0M | $328.5M | ||
| Q1 25 | $14.0M | $-182.7M | ||
| Q4 24 | $295.0M | $964.6M | ||
| Q3 24 | $554.0M | $696.5M | ||
| Q2 24 | $445.0M | $484.2M |
自由现金流CCKCOIN
| Q1 26 | $-129.0M | — | ||
| Q4 25 | $255.0M | — | ||
| Q3 25 | $488.0M | — | ||
| Q2 25 | $393.0M | — | ||
| Q1 25 | $-19.0M | — | ||
| Q4 24 | $146.0M | — | ||
| Q3 24 | $478.0M | — | ||
| Q2 24 | $361.0M | — |
自由现金流率CCKCOIN
| Q1 26 | -4.0% | — | ||
| Q4 25 | 8.2% | — | ||
| Q3 25 | 15.2% | — | ||
| Q2 25 | 12.5% | — | ||
| Q1 25 | -0.7% | — | ||
| Q4 24 | 5.0% | — | ||
| Q3 24 | 15.5% | — | ||
| Q2 24 | 11.9% | — |
资本支出强度CCKCOIN
| Q1 26 | 2.7% | — | ||
| Q4 25 | 7.4% | — | ||
| Q3 25 | 2.9% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 5.1% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 2.8% | — |
现金转化率CCKCOIN
| Q1 26 | — | — | ||
| Q4 25 | 3.25× | — | ||
| Q3 25 | 2.71× | -1.81× | ||
| Q2 25 | 2.48× | 0.23× | ||
| Q1 25 | 0.07× | -2.79× | ||
| Q4 24 | 0.82× | 0.75× | ||
| Q3 24 | — | 9.23× | ||
| Q2 24 | 2.56× | 13.39× |
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
CCK
| Americas Beverage | $1.5B | 47% |
| European Beverage | $588.0M | 18% |
| Transit Packaging | $496.0M | 15% |
| Other | $342.0M | 10% |
| Asia Pacific | $303.0M | 9% |
COIN
| Bank Servicing Consumer Net | $733.9M | 41% |
| Subscription And Circulation | $727.4M | 41% |
| Bank Servicing Institutional | $185.0M | 10% |
| Other Revenue | $71.1M | 4% |
| Bank Servicing Other | $63.8M | 4% |
| Related Party | $1.3M | 0% |
