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嘉年华集团（CCL）与宣伟（SHW）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宣伟的1.1倍（$6.3B vs $5.7B），宣伟净利率更高（9.4% vs 6.6%，领先2.8%），宣伟同比增速更快（6.8% vs 6.6%），过去两年嘉年华集团的营收复合增速更高（8.2% vs -4.9%）
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。
宣伟是总部位于美国俄亥俄州克利夫兰的涂料企业，主要从事涂料、地坪覆盖材料及相关产品的生产、分销与销售业务，业务覆盖全球超过120个国家，截至2024年按营收计为全球规模最大的涂料企业。
CCL vs SHW — 直观对比
营收规模更大
CCL
是对方的1.1倍
$5.7B
营收增速更快
SHW
高出0.2%
6.6%
净利率更高
SHW
高出2.8%
6.6%
两年增速更快
CCL
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $5.7B |
| 净利润 | $421.0M | $534.7M |
| 毛利率 | — | 49.1% |
| 营业利润率 | 11.6% | — |
| 净利率 | 6.6% | 9.4% |
| 营收同比 | 6.6% | 6.8% |
| 净利润同比 | 38.9% | 6.1% |
| 每股收益（稀释后） | $0.33 | $2.15 |
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CCLSHW
| Q1 26 | — | $5.7B | ||
| Q4 25 | $6.3B | $5.6B | ||
| Q3 25 | $8.2B | $6.4B | ||
| Q2 25 | $6.3B | $6.3B | ||
| Q1 25 | $5.8B | $5.3B | ||
| Q4 24 | $5.9B | $5.3B | ||
| Q3 24 | $7.9B | $6.2B | ||
| Q2 24 | $5.8B | $6.3B |
净利润CCLSHW
| Q1 26 | — | $534.7M | ||
| Q4 25 | $421.0M | $476.8M | ||
| Q3 25 | $1.9B | $833.1M | ||
| Q2 25 | $565.0M | $754.7M | ||
| Q1 25 | $-78.0M | $503.9M | ||
| Q4 24 | $303.0M | $480.1M | ||
| Q3 24 | $1.7B | $806.2M | ||
| Q2 24 | $92.0M | $889.9M |
毛利率CCLSHW
| Q1 26 | — | 49.1% | ||
| Q4 25 | — | 48.5% | ||
| Q3 25 | 46.2% | 49.2% | ||
| Q2 25 | 38.6% | 49.4% | ||
| Q1 25 | 35.2% | 48.2% | ||
| Q4 24 | 35.5% | 48.6% | ||
| Q3 24 | 45.5% | 49.1% | ||
| Q2 24 | 34.3% | 48.8% |
营业利润率CCLSHW
| Q1 26 | — | — | ||
| Q4 25 | 11.6% | 11.4% | ||
| Q3 25 | 27.9% | 16.7% | ||
| Q2 25 | 14.8% | 15.6% | ||
| Q1 25 | 9.3% | 12.3% | ||
| Q4 24 | 9.4% | 11.6% | ||
| Q3 24 | 27.6% | 21.4% | ||
| Q2 24 | 9.7% | 22.5% |
净利率CCLSHW
| Q1 26 | — | 9.4% | ||
| Q4 25 | 6.6% | 8.5% | ||
| Q3 25 | 22.7% | 13.1% | ||
| Q2 25 | 8.9% | 12.0% | ||
| Q1 25 | -1.3% | 9.5% | ||
| Q4 24 | 5.1% | 9.1% | ||
| Q3 24 | 22.0% | 13.1% | ||
| Q2 24 | 1.6% | 14.2% |
每股收益（稀释后）CCLSHW
| Q1 26 | — | $2.15 | ||
| Q4 25 | $0.33 | $1.91 | ||
| Q3 25 | $1.33 | $3.35 | ||
| Q2 25 | $0.42 | $3.00 | ||
| Q1 25 | $-0.06 | $2.00 | ||
| Q4 24 | $0.28 | $1.90 | ||
| Q3 24 | $1.26 | $3.18 | ||
| Q2 24 | $0.07 | $3.50 |
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 | $216.9K |
| 总债务越低越好 | $27.4B | $11.7M |
| 股东权益账面价值 | $12.3B | $4.4M |
| 总资产 | $51.7B | $26.4M |
| 负债/权益比越低杠杆越低 | 2.23× | 2.64× |
8季度趋势，按日历期对齐
现金及短期投资CCLSHW
| Q1 26 | — | $216.9K | ||
| Q4 25 | $1.9B | $207.2M | ||
| Q3 25 | $1.8B | $241.5M | ||
| Q2 25 | $2.1B | $269.8M | ||
| Q1 25 | $833.0M | $199.8M | ||
| Q4 24 | $1.2B | $210.4M | ||
| Q3 24 | $1.5B | $238.2M | ||
| Q2 24 | $1.6B | $200.0M |
总债务CCLSHW
| Q1 26 | — | $11.7M | ||
| Q4 25 | $27.4B | $9.7B | ||
| Q3 25 | $27.2B | $9.7B | ||
| Q2 25 | $28.0B | $9.0B | ||
| Q1 25 | $27.7B | $9.0B | ||
| Q4 24 | $28.2B | $9.2B | ||
| Q3 24 | $29.6B | $9.2B | ||
| Q2 24 | $30.2B | $9.0B |
股东权益CCLSHW
| Q1 26 | — | $4.4M | ||
| Q4 25 | $12.3B | $4.6B | ||
| Q3 25 | $11.9B | $4.4B | ||
| Q2 25 | $10.0B | $4.4B | ||
| Q1 25 | $9.2B | $4.1B | ||
| Q4 24 | $9.3B | $4.1B | ||
| Q3 24 | $8.6B | $4.2B | ||
| Q2 24 | $6.8B | $3.8B |
总资产CCLSHW
| Q1 26 | — | $26.4M | ||
| Q4 25 | $51.7B | $25.9B | ||
| Q3 25 | $50.8B | $26.2B | ||
| Q2 25 | $51.2B | $25.4B | ||
| Q1 25 | $48.5B | $24.6B | ||
| Q4 24 | $49.1B | $23.6B | ||
| Q3 24 | $49.8B | $24.0B | ||
| Q2 24 | $49.6B | $23.7B |
负债/权益比CCLSHW
| Q1 26 | — | 2.64× | ||
| Q4 25 | 2.23× | 2.10× | ||
| Q3 25 | 2.28× | 2.18× | ||
| Q2 25 | 2.79× | 2.04× | ||
| Q1 25 | 3.02× | 2.17× | ||
| Q4 24 | 3.05× | 2.28× | ||
| Q3 24 | 3.45× | 2.22× | ||
| Q2 24 | 4.43× | 2.39× |
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 | — |
| 自由现金流率自由现金流/营收 | 0.2% | — |
| 资本支出强度资本支出/营收 | 23.8% | 2.4% |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流CCLSHW
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $2.4B | $1.1B | ||
| Q1 25 | $925.0M | $-61.1M | ||
| Q4 24 | $911.0M | $934.5M | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $2.0B | $1.2B |
自由现金流CCLSHW
| Q1 26 | — | — | ||
| Q4 25 | $12.0M | $862.1M | ||
| Q3 25 | $736.0M | $1.1B | ||
| Q2 25 | $1.5B | $931.1M | ||
| Q1 25 | $318.0M | $-250.4M | ||
| Q4 24 | $319.0M | $634.5M | ||
| Q3 24 | $628.0M | $839.4M | ||
| Q2 24 | $720.0M | $952.0M |
自由现金流率CCLSHW
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 15.4% | ||
| Q3 25 | 9.0% | 17.5% | ||
| Q2 25 | 24.4% | 14.7% | ||
| Q1 25 | 5.5% | -4.7% | ||
| Q4 24 | 5.4% | 12.0% | ||
| Q3 24 | 8.0% | 13.6% | ||
| Q2 24 | 12.5% | 15.2% |
资本支出强度CCLSHW
| Q1 26 | — | 2.4% | ||
| Q4 25 | 23.8% | 4.1% | ||
| Q3 25 | 7.9% | 3.1% | ||
| Q2 25 | 13.4% | 2.9% | ||
| Q1 25 | 10.4% | 3.6% | ||
| Q4 24 | 10.0% | 5.7% | ||
| Q3 24 | 7.3% | 3.8% | ||
| Q2 24 | 22.8% | 4.0% |
现金转化率CCLSHW
| Q1 26 | — | — | ||
| Q4 25 | 3.61× | 2.29× | ||
| Q3 25 | 0.75× | 1.57× | ||
| Q2 25 | 4.23× | 1.47× | ||
| Q1 25 | — | -0.12× | ||
| Q4 24 | 3.01× | 1.95× | ||
| Q3 24 | 0.69× | 1.33× | ||
| Q2 24 | 22.16× | 1.35× |
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% |
SHW
暂无分部数据
