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嘉年华集团（CCL）与林德（LIN）财务数据对比。点击上方公司名可切换其他公司
林德的季度营收约是嘉年华集团的1.4倍（$8.8B vs $6.3B），林德同比增速更快（8.2% vs 6.6%），嘉年华集团自由现金流更多（$12.0M vs $898.0K），过去两年嘉年华集团的营收复合增速更高（8.2% vs 3.1%）
嘉年华集团是全球规模最大的休闲旅游集团，核心业务为邮轮运营，旗下拥有多个全球知名邮轮品牌，每年服务数百万乘客，提供覆盖住宿、餐饮、娱乐、岸上观光的一站式度假体验，航线遍布全球热门目的地。
林德是全球知名跨国化工企业，按市场份额及营收计为全球最大工业气体供应商。公司1879年由德国科学家、工程师卡尔·冯·林德在德国威斯巴登创立，现总部位于英国沃金，在爱尔兰注册，2018年由原林德股份公司与1907年在美国成立的普莱克斯合并组建。
CCL vs LIN — 直观对比
营收规模更大
LIN
是对方的1.4倍
$6.3B
营收增速更快
LIN
高出1.6%
6.6%
自由现金流更多
CCL
多$11.1M
$898.0K
两年增速更快
CCL
近两年复合增速
3.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $8.8B |
| 净利润 | $421.0M | — |
| 毛利率 | — | 48.5% |
| 营业利润率 | 11.6% | 27.8% |
| 净利率 | 6.6% | — |
| 营收同比 | 6.6% | 8.2% |
| 净利润同比 | 38.9% | — |
| 每股收益（稀释后） | $0.33 | $3.98 |
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CCLLIN
| Q1 26 | — | $8.8B | ||
| Q4 25 | $6.3B | $8.8B | ||
| Q3 25 | $8.2B | $8.6B | ||
| Q2 25 | $6.3B | $8.5B | ||
| Q1 25 | $5.8B | $8.1B | ||
| Q4 24 | $5.9B | $8.3B | ||
| Q3 24 | $7.9B | $8.4B | ||
| Q2 24 | $5.8B | $8.3B |
净利润CCLLIN
| Q1 26 | — | — | ||
| Q4 25 | $421.0M | $1.5B | ||
| Q3 25 | $1.9B | $1.9B | ||
| Q2 25 | $565.0M | $1.8B | ||
| Q1 25 | $-78.0M | $1.7B | ||
| Q4 24 | $303.0M | $1.7B | ||
| Q3 24 | $1.7B | $1.6B | ||
| Q2 24 | $92.0M | $1.7B |
毛利率CCLLIN
| Q1 26 | — | 48.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | 46.2% | — | ||
| Q2 25 | 38.6% | — | ||
| Q1 25 | 35.2% | — | ||
| Q4 24 | 35.5% | — | ||
| Q3 24 | 45.5% | — | ||
| Q2 24 | 34.3% | — |
营业利润率CCLLIN
| Q1 26 | — | 27.8% | ||
| Q4 25 | 11.6% | 23.0% | ||
| Q3 25 | 27.9% | 27.5% | ||
| Q2 25 | 14.8% | 27.7% | ||
| Q1 25 | 9.3% | 26.9% | ||
| Q4 24 | 9.4% | 27.4% | ||
| Q3 24 | 27.6% | 25.0% | ||
| Q2 24 | 9.7% | 26.4% |
净利率CCLLIN
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 17.5% | ||
| Q3 25 | 22.7% | 22.4% | ||
| Q2 25 | 8.9% | 20.8% | ||
| Q1 25 | -1.3% | 20.6% | ||
| Q4 24 | 5.1% | 20.8% | ||
| Q3 24 | 22.0% | 18.5% | ||
| Q2 24 | 1.6% | 20.1% |
每股收益（稀释后）CCLLIN
| Q1 26 | — | $3.98 | ||
| Q4 25 | $0.33 | $3.28 | ||
| Q3 25 | $1.33 | $4.09 | ||
| Q2 25 | $0.42 | $3.73 | ||
| Q1 25 | $-0.06 | $3.51 | ||
| Q4 24 | $0.28 | $3.61 | ||
| Q3 24 | $1.26 | $3.22 | ||
| Q2 24 | $0.07 | $3.44 |
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 | $1.9B | $4.0B |
| 总债务越低越好 | $27.4B | $24.7B |
| 股东权益账面价值 | $12.3B | $40.1B |
| 总资产 | $51.7B | $86.3B |
| 负债/权益比越低杠杆越低 | 2.23× | 0.62× |
8季度趋势，按日历期对齐
现金及短期投资CCLLIN
| Q1 26 | — | $4.0B | ||
| Q4 25 | $1.9B | $5.1B | ||
| Q3 25 | $1.8B | $4.5B | ||
| Q2 25 | $2.1B | $4.8B | ||
| Q1 25 | $833.0M | $5.3B | ||
| Q4 24 | $1.2B | $4.8B | ||
| Q3 24 | $1.5B | $5.2B | ||
| Q2 24 | $1.6B | $4.6B |
总债务CCLLIN
| Q1 26 | — | $24.7B | ||
| Q4 25 | $27.4B | $20.7B | ||
| Q3 25 | $27.2B | $18.6B | ||
| Q2 25 | $28.0B | $19.7B | ||
| Q1 25 | $27.7B | $17.6B | ||
| Q4 24 | $28.2B | $15.3B | ||
| Q3 24 | $29.6B | $17.5B | ||
| Q2 24 | $30.2B | $16.9B |
股东权益CCLLIN
| Q1 26 | — | $40.1B | ||
| Q4 25 | $12.3B | $38.2B | ||
| Q3 25 | $11.9B | $38.6B | ||
| Q2 25 | $10.0B | $38.5B | ||
| Q1 25 | $9.2B | $38.0B | ||
| Q4 24 | $9.3B | $38.1B | ||
| Q3 24 | $8.6B | $39.2B | ||
| Q2 24 | $6.8B | $38.2B |
总资产CCLLIN
| Q1 26 | — | $86.3B | ||
| Q4 25 | $51.7B | $86.8B | ||
| Q3 25 | $50.8B | $86.0B | ||
| Q2 25 | $51.2B | $86.1B | ||
| Q1 25 | $48.5B | $82.7B | ||
| Q4 24 | $49.1B | $80.1B | ||
| Q3 24 | $49.8B | $82.5B | ||
| Q2 24 | $49.6B | $80.2B |
负债/权益比CCLLIN
| Q1 26 | — | 0.62× | ||
| Q4 25 | 2.23× | 0.54× | ||
| Q3 25 | 2.28× | 0.48× | ||
| Q2 25 | 2.79× | 0.51× | ||
| Q1 25 | 3.02× | 0.46× | ||
| Q4 24 | 3.05× | 0.40× | ||
| Q3 24 | 3.45× | 0.45× | ||
| Q2 24 | 4.43× | 0.44× |
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 | $1.5B | — |
| 自由现金流经营现金流 - 资本支出 | $12.0M | $898.0K |
| 自由现金流率自由现金流/营收 | 0.2% | 0.0% |
| 资本支出强度资本支出/营收 | 23.8% | — |
| 现金转化率经营现金流/净利润 | 3.61× | — |
| 过去12个月自由现金流最近4个季度 | $2.6B | $4.2B |
8季度趋势，按日历期对齐
经营现金流CCLLIN
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $3.0B | ||
| Q3 25 | $1.4B | $2.9B | ||
| Q2 25 | $2.4B | $2.2B | ||
| Q1 25 | $925.0M | $2.2B | ||
| Q4 24 | $911.0M | $2.8B | ||
| Q3 24 | $1.2B | $2.7B | ||
| Q2 24 | $2.0B | $1.9B |
自由现金流CCLLIN
| Q1 26 | — | $898.0K | ||
| Q4 25 | $12.0M | $1.6B | ||
| Q3 25 | $736.0M | $1.7B | ||
| Q2 25 | $1.5B | $954.0M | ||
| Q1 25 | $318.0M | $891.0M | ||
| Q4 24 | $319.0M | $1.6B | ||
| Q3 24 | $628.0M | $1.7B | ||
| Q2 24 | $720.0M | $796.0M |
自由现金流率CCLLIN
| Q1 26 | — | 0.0% | ||
| Q4 25 | 0.2% | 17.9% | ||
| Q3 25 | 9.0% | 19.4% | ||
| Q2 25 | 24.4% | 11.2% | ||
| Q1 25 | 5.5% | 11.0% | ||
| Q4 24 | 5.4% | 18.8% | ||
| Q3 24 | 8.0% | 19.9% | ||
| Q2 24 | 12.5% | 9.6% |
资本支出强度CCLLIN
| Q1 26 | — | — | ||
| Q4 25 | 23.8% | 16.6% | ||
| Q3 25 | 7.9% | 14.8% | ||
| Q2 25 | 13.4% | 14.8% | ||
| Q1 25 | 10.4% | 15.7% | ||
| Q4 24 | 10.0% | 15.1% | ||
| Q3 24 | 7.3% | 12.8% | ||
| Q2 24 | 22.8% | 13.7% |
现金转化率CCLLIN
| Q1 26 | — | — | ||
| Q4 25 | 3.61× | 1.98× | ||
| Q3 25 | 0.75× | 1.53× | ||
| Q2 25 | 4.23× | 1.25× | ||
| Q1 25 | — | 1.29× | ||
| Q4 24 | 3.01× | 1.63× | ||
| Q3 24 | 0.69× | 1.76× | ||
| Q2 24 | 22.16× | 1.16× |
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
CCL
| Cruise Passenger Ticket | $4.1B | 64% |
| Other | $2.2B | 34% |
| Cruise | $90.0M | 1% |
| Tour And Other | $29.0M | 0% |
LIN
暂无分部数据
