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嘉年华集团（CCL）与Raymond James Financial（RJF）财务数据对比。点击上方公司名可切换其他公司
嘉年华集团的季度营收约是Raymond James Financial的1.5倍（$6.3B vs $4.2B），Raymond James Financial净利率更高（13.5% vs 6.6%，领先6.8%），嘉年华集团同比增速更快（6.6% vs 3.5%），嘉年华集团自由现金流更多（$12.0M vs $-56.0M），过去两年嘉年华集团的营收复合增速更高（8.2% vs 7.1%）
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。
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
CCL vs RJF — 直观对比
营收规模更大
CCL
是对方的1.5倍
$4.2B
营收增速更快
CCL
高出3.1%
3.5%
净利率更高
RJF
高出6.8%
6.6%
自由现金流更多
CCL
多$68.0M
$-56.0M
两年增速更快
CCL
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $4.2B |
| 净利润 | $421.0M | $563.0M |
| 毛利率 | — | — |
| 营业利润率 | 11.6% | — |
| 净利率 | 6.6% | 13.5% |
| 营收同比 | 6.6% | 3.5% |
| 净利润同比 | 38.9% | -6.2% |
| 每股收益（稀释后） | $0.33 | $2.79 |
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CCLRJF
| Q4 25 | $6.3B | $4.2B | ||
| Q3 25 | $8.2B | $4.2B | ||
| Q2 25 | $6.3B | $3.8B | ||
| Q1 25 | $5.8B | $3.8B | ||
| Q4 24 | $5.9B | $4.0B | ||
| Q3 24 | $7.9B | $4.0B | ||
| Q2 24 | $5.8B | $3.8B | ||
| Q1 24 | $5.4B | $3.6B |
净利润CCLRJF
| Q4 25 | $421.0M | $563.0M | ||
| Q3 25 | $1.9B | $604.0M | ||
| Q2 25 | $565.0M | $436.0M | ||
| Q1 25 | $-78.0M | $495.0M | ||
| Q4 24 | $303.0M | $600.0M | ||
| Q3 24 | $1.7B | $602.0M | ||
| Q2 24 | $92.0M | $492.0M | ||
| Q1 24 | $-214.0M | $476.0M |
毛利率CCLRJF
| 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% | — | ||
| Q1 24 | 31.5% | — |
营业利润率CCLRJF
| Q4 25 | 11.6% | — | ||
| Q3 25 | 27.9% | — | ||
| Q2 25 | 14.8% | 14.7% | ||
| Q1 25 | 9.3% | 17.5% | ||
| Q4 24 | 9.4% | 18.6% | ||
| Q3 24 | 27.6% | — | ||
| Q2 24 | 9.7% | 17.1% | ||
| Q1 24 | 5.1% | 16.7% |
净利率CCLRJF
| Q4 25 | 6.6% | 13.5% | ||
| Q3 25 | 22.7% | 14.4% | ||
| Q2 25 | 8.9% | 11.3% | ||
| Q1 25 | -1.3% | 12.9% | ||
| Q4 24 | 5.1% | 14.9% | ||
| Q3 24 | 22.0% | 15.0% | ||
| Q2 24 | 1.6% | 13.1% | ||
| Q1 24 | -4.0% | 13.1% |
每股收益（稀释后）CCLRJF
| Q4 25 | $0.33 | $2.79 | ||
| Q3 25 | $1.33 | $2.96 | ||
| Q2 25 | $0.42 | $2.12 | ||
| Q1 25 | $-0.06 | $2.36 | ||
| Q4 24 | $0.28 | $2.86 | ||
| Q3 24 | $1.26 | $2.85 | ||
| Q2 24 | $0.07 | $2.31 | ||
| Q1 24 | $-0.17 | $2.22 |
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 | $9.9B |
| 总债务越低越好 | $27.4B | — |
| 股东权益账面价值 | $12.3B | $12.6B |
| 总资产 | $51.7B | $88.8B |
| 负债/权益比越低杠杆越低 | 2.23× | — |
8季度趋势，按日历期对齐
现金及短期投资CCLRJF
| Q4 25 | $1.9B | $9.9B | ||
| Q3 25 | $1.8B | $11.4B | ||
| Q2 25 | $2.1B | $9.2B | ||
| Q1 25 | $833.0M | $9.7B | ||
| Q4 24 | $1.2B | $10.0B | ||
| Q3 24 | $1.5B | $11.0B | ||
| Q2 24 | $1.6B | $9.1B | ||
| Q1 24 | $2.2B | $10.0B |
总债务CCLRJF
| Q4 25 | $27.4B | — | ||
| Q3 25 | $27.2B | — | ||
| Q2 25 | $28.0B | — | ||
| Q1 25 | $27.7B | — | ||
| Q4 24 | $28.2B | — | ||
| Q3 24 | $29.6B | — | ||
| Q2 24 | $30.2B | — | ||
| Q1 24 | $31.6B | — |
股东权益CCLRJF
| Q4 25 | $12.3B | $12.6B | ||
| Q3 25 | $11.9B | $12.5B | ||
| Q2 25 | $10.0B | $12.3B | ||
| Q1 25 | $9.2B | $12.2B | ||
| Q4 24 | $9.3B | $11.9B | ||
| Q3 24 | $8.6B | $11.7B | ||
| Q2 24 | $6.8B | $11.2B | ||
| Q1 24 | $6.7B | $11.0B |
总资产CCLRJF
| Q4 25 | $51.7B | $88.8B | ||
| Q3 25 | $50.8B | $88.2B | ||
| Q2 25 | $51.2B | $84.8B | ||
| Q1 25 | $48.5B | $83.1B | ||
| Q4 24 | $49.1B | $82.3B | ||
| Q3 24 | $49.8B | $83.0B | ||
| Q2 24 | $49.6B | $80.6B | ||
| Q1 24 | $49.8B | $81.2B |
负债/权益比CCLRJF
| Q4 25 | 2.23× | — | ||
| Q3 25 | 2.28× | — | ||
| Q2 25 | 2.79× | — | ||
| Q1 25 | 3.02× | — | ||
| Q4 24 | 3.05× | — | ||
| Q3 24 | 3.45× | — | ||
| Q2 24 | 4.43× | — | ||
| Q1 24 | 4.72× | — |
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 | $-10.0M |
| 自由现金流经营现金流 - 资本支出 | $12.0M | $-56.0M |
| 自由现金流率自由现金流/营收 | 0.2% | -1.3% |
| 资本支出强度资本支出/营收 | 23.8% | 1.1% |
| 现金转化率经营现金流/净利润 | 3.61× | -0.02× |
| 过去12个月自由现金流最近4个季度 | $2.6B | $1.4B |
8季度趋势，按日历期对齐
经营现金流CCLRJF
| Q4 25 | $1.5B | $-10.0M | ||
| Q3 25 | $1.4B | $796.0M | ||
| Q2 25 | $2.4B | $691.0M | ||
| Q1 25 | $925.0M | $117.0M | ||
| Q4 24 | $911.0M | $830.0M | ||
| Q3 24 | $1.2B | $510.0M | ||
| Q2 24 | $2.0B | $711.0M | ||
| Q1 24 | $1.8B | $391.0M |
自由现金流CCLRJF
| Q4 25 | $12.0M | $-56.0M | ||
| Q3 25 | $736.0M | $752.0M | ||
| Q2 25 | $1.5B | $634.0M | ||
| Q1 25 | $318.0M | $71.0M | ||
| Q4 24 | $319.0M | $789.0M | ||
| Q3 24 | $628.0M | $460.0M | ||
| Q2 24 | $720.0M | $655.0M | ||
| Q1 24 | $-370.0M | $342.0M |
自由现金流率CCLRJF
| Q4 25 | 0.2% | -1.3% | ||
| Q3 25 | 9.0% | 17.9% | ||
| Q2 25 | 24.4% | 16.5% | ||
| Q1 25 | 5.5% | 1.8% | ||
| Q4 24 | 5.4% | 19.6% | ||
| Q3 24 | 8.0% | 11.5% | ||
| Q2 24 | 12.5% | 17.4% | ||
| Q1 24 | -6.8% | 9.4% |
资本支出强度CCLRJF
| Q4 25 | 23.8% | 1.1% | ||
| Q3 25 | 7.9% | 1.1% | ||
| Q2 25 | 13.4% | 1.5% | ||
| Q1 25 | 10.4% | 1.2% | ||
| Q4 24 | 10.0% | 1.0% | ||
| Q3 24 | 7.3% | 1.2% | ||
| Q2 24 | 22.8% | 1.5% | ||
| Q1 24 | 39.5% | 1.3% |
现金转化率CCLRJF
| Q4 25 | 3.61× | -0.02× | ||
| Q3 25 | 0.75× | 1.32× | ||
| Q2 25 | 4.23× | 1.58× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | 3.01× | 1.38× | ||
| Q3 24 | 0.69× | 0.85× | ||
| Q2 24 | 22.16× | 1.45× | ||
| Q1 24 | — | 0.82× |
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% |
RJF
暂无分部数据
