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Clear Channel Outdoor Holdings, Inc.（CCO）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是Clear Channel Outdoor Holdings, Inc.的1.3倍（$614.5M vs $461.5M），Clear Channel Outdoor Holdings, Inc.净利率更高（1.7% vs -2.0%，领先3.7%），Cloudflare, Inc.同比增速更快（33.6% vs 8.2%），Cloudflare, Inc.自由现金流更多（$105.2M vs $30.3M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 18.8%）
Clear Channel Outdoor Holdings, Inc.是一家专注于户外广告业务的跨国企业，总部位于美国得克萨斯州圣安东尼奥，在全球多个市场布局户外广告媒体网络，为各类品牌客户提供场景化的户外广告传播服务。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
CCO vs NET — 直观对比
营收规模更大
NET
是对方的1.3倍
$461.5M
营收增速更快
NET
高出25.4%
8.2%
净利率更高
CCO
高出3.7%
-2.0%
自由现金流更多
NET
多$74.9M
$30.3M
两年增速更快
NET
近两年复合增速
18.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $461.5M | $614.5M |
| 净利润 | $8.0M | $-12.1M |
| 毛利率 | — | 73.6% |
| 营业利润率 | 23.3% | -8.0% |
| 净利率 | 1.7% | -2.0% |
| 营收同比 | 8.2% | 33.6% |
| 净利润同比 | 144.8% | 6.0% |
| 每股收益（稀释后） | $0.01 | $-0.03 |
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CCONET
| Q4 25 | $461.5M | $614.5M | ||
| Q3 25 | $405.6M | $562.0M | ||
| Q2 25 | $402.8M | $512.3M | ||
| Q1 25 | $334.2M | $479.1M | ||
| Q4 24 | $426.7M | $459.9M | ||
| Q3 24 | $375.2M | $430.1M | ||
| Q2 24 | $376.5M | $401.0M | ||
| Q1 24 | $326.8M | $378.6M |
净利润CCONET
| Q4 25 | $8.0M | $-12.1M | ||
| Q3 25 | $-60.1M | $-1.3M | ||
| Q2 25 | $9.5M | $-50.4M | ||
| Q1 25 | $62.5M | $-38.5M | ||
| Q4 24 | $-17.9M | $-12.8M | ||
| Q3 24 | $-32.5M | $-15.3M | ||
| Q2 24 | $-39.2M | $-15.1M | ||
| Q1 24 | $-89.7M | $-35.5M |
毛利率CCONET
| Q4 25 | — | 73.6% | ||
| Q3 25 | — | 74.0% | ||
| Q2 25 | — | 74.9% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.4% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.5% |
营业利润率CCONET
| Q4 25 | 23.3% | -8.0% | ||
| Q3 25 | 19.9% | -6.7% | ||
| Q2 25 | 19.2% | -13.1% | ||
| Q1 25 | 13.5% | -11.1% | ||
| Q4 24 | 23.5% | -7.5% | ||
| Q3 24 | 17.8% | -7.2% | ||
| Q2 24 | 18.2% | -8.7% | ||
| Q1 24 | 13.4% | -14.4% |
净利率CCONET
| Q4 25 | 1.7% | -2.0% | ||
| Q3 25 | -14.8% | -0.2% | ||
| Q2 25 | 2.4% | -9.8% | ||
| Q1 25 | 18.7% | -8.0% | ||
| Q4 24 | -4.2% | -2.8% | ||
| Q3 24 | -8.7% | -3.6% | ||
| Q2 24 | -10.4% | -3.8% | ||
| Q1 24 | -27.4% | -9.4% |
每股收益（稀释后）CCONET
| Q4 25 | $0.01 | $-0.03 | ||
| Q3 25 | $-0.12 | $0.00 | ||
| Q2 25 | $0.02 | $-0.15 | ||
| Q1 25 | $0.13 | $-0.11 | ||
| Q4 24 | $-0.03 | $-0.05 | ||
| Q3 24 | $-0.07 | $-0.04 | ||
| Q2 24 | $-0.08 | $-0.04 | ||
| Q1 24 | $-0.19 | $-0.10 |
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 | $190.0M | $943.5M |
| 总债务越低越好 | $5.1B | — |
| 股东权益账面价值 | $-3.4B | $1.5B |
| 总资产 | $3.8B | $6.0B |
| 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CCONET
| Q4 25 | $190.0M | $943.5M | ||
| Q3 25 | $155.0M | $1.1B | ||
| Q2 25 | $138.6M | $1.5B | ||
| Q1 25 | $395.8M | $204.5M | ||
| Q4 24 | $109.7M | $147.7M | ||
| Q3 24 | $201.1M | $182.9M | ||
| Q2 24 | $189.3M | $157.0M | ||
| Q1 24 | $193.2M | $254.4M |
总债务CCONET
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.3B | — | ||
| Q4 24 | $5.7B | — | ||
| Q3 24 | $5.7B | — | ||
| Q2 24 | $5.7B | — | ||
| Q1 24 | $5.7B | — |
股东权益CCONET
| Q4 25 | $-3.4B | $1.5B | ||
| Q3 25 | $-3.5B | $1.3B | ||
| Q2 25 | $-3.4B | $1.2B | ||
| Q1 25 | $-3.4B | $1.4B | ||
| Q4 24 | $-3.6B | $1.0B | ||
| Q3 24 | $-3.6B | $973.1M | ||
| Q2 24 | $-3.6B | $881.5M | ||
| Q1 24 | $-3.5B | $797.2M |
总资产CCONET
| Q4 25 | $3.8B | $6.0B | ||
| Q3 25 | $3.8B | $5.8B | ||
| Q2 25 | $3.8B | $5.6B | ||
| Q1 25 | $4.0B | $3.7B | ||
| Q4 24 | $4.8B | $3.3B | ||
| Q3 24 | $4.6B | $3.1B | ||
| Q2 24 | $4.5B | $2.9B | ||
| Q1 24 | $4.6B | $2.8B |
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 | $56.3M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $30.3M | $105.2M |
| 自由现金流率自由现金流/营收 | 6.6% | 17.1% |
| 资本支出强度资本支出/营收 | 5.6% | 13.9% |
| 现金转化率经营现金流/净利润 | 7.04× | — |
| 过去12个月自由现金流最近4个季度 | $32.0M | $287.5M |
8季度趋势，按日历期对齐
经营现金流CCONET
| Q4 25 | $56.3M | $190.4M | ||
| Q3 25 | $56.2M | $167.1M | ||
| Q2 25 | $-12.6M | $99.8M | ||
| Q1 25 | $14.9M | $145.8M | ||
| Q4 24 | $29.3M | $127.3M | ||
| Q3 24 | $54.5M | $104.7M | ||
| Q2 24 | $30.8M | $74.8M | ||
| Q1 24 | $-34.8M | $73.6M |
自由现金流CCONET
| Q4 25 | $30.3M | $105.2M | ||
| Q3 25 | $41.4M | $82.5M | ||
| Q2 25 | $-29.2M | $39.9M | ||
| Q1 25 | $-10.6M | $59.9M | ||
| Q4 24 | $-27.8M | $54.2M | ||
| Q3 24 | $21.0M | $54.5M | ||
| Q2 24 | $5.2M | $45.2M | ||
| Q1 24 | $-61.0M | $41.5M |
自由现金流率CCONET
| Q4 25 | 6.6% | 17.1% | ||
| Q3 25 | 10.2% | 14.7% | ||
| Q2 25 | -7.2% | 7.8% | ||
| Q1 25 | -3.2% | 12.5% | ||
| Q4 24 | -6.5% | 11.8% | ||
| Q3 24 | 5.6% | 12.7% | ||
| Q2 24 | 1.4% | 11.3% | ||
| Q1 24 | -18.7% | 11.0% |
资本支出强度CCONET
| Q4 25 | 5.6% | 13.9% | ||
| Q3 25 | 3.7% | 15.1% | ||
| Q2 25 | 4.1% | 11.7% | ||
| Q1 25 | 7.6% | 17.9% | ||
| Q4 24 | 13.4% | 15.9% | ||
| Q3 24 | 8.9% | 11.7% | ||
| Q2 24 | 6.8% | 7.4% | ||
| Q1 24 | 8.0% | 8.5% |
现金转化率CCONET
| Q4 25 | 7.04× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -1.32× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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
CCO
暂无分部数据
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
