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凯雷集团（CG）与DigitalBridge Group, Inc.（DBRG）财务数据对比。点击上方公司名可切换其他公司
凯雷集团的季度营收约是DigitalBridge Group, Inc.的18.0倍（$1.9B vs $105.7M），DigitalBridge Group, Inc.净利率更高（61.5% vs 18.8%，领先42.7%），凯雷集团同比增速更快（84.1% vs 4.1%），DigitalBridge Group, Inc.自由现金流更多（$258.0M vs $-1.2B），过去两年凯雷集团的营收复合增速更高（66.2% vs 19.2%）
凯雷集团是美国知名跨国企业，核心业务涵盖私募股权投资、另类资产管理及金融服务领域。截至2023年，公司管理资产总规模达4260亿美元，是全球另类资管行业的重要参与者。
DigitalBridge Group（DBRG）是全球领先的数字基础设施投资企业，核心业务覆盖通信基站、数据中心、光纤网络、小基站及边缘算力设施的投资、持有与运营。公司总部位于美国博卡拉顿，在洛杉矶、纽约、丹佛、伦敦、新加坡多地设有办公点，截至2025年6月，旗下管理资产规模达1060亿美元。
CG vs DBRG — 直观对比
营收规模更大
CG
是对方的18.0倍
$105.7M
营收增速更快
CG
高出80.0%
4.1%
净利率更高
DBRG
高出42.7%
18.8%
自由现金流更多
DBRG
多$1.5B
$-1.2B
两年增速更快
CG
近两年复合增速
19.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $105.7M |
| 净利润 | $358.1M | $65.1M |
| 毛利率 | — | — |
| 营业利润率 | 24.3% | — |
| 净利率 | 18.8% | 61.5% |
| 营收同比 | 84.1% | 4.1% |
| 净利润同比 | 69.8% | — |
| 每股收益（稀释后） | $0.96 | $0.28 |
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CGDBRG
| Q4 25 | $1.9B | $105.7M | ||
| Q3 25 | $332.7M | $93.3M | ||
| Q2 25 | $1.6B | $85.3M | ||
| Q1 25 | $973.1M | $90.1M | ||
| Q4 24 | $1.0B | $101.6M | ||
| Q3 24 | $2.6B | $76.6M | ||
| Q2 24 | $1.1B | $390.3M | ||
| Q1 24 | $688.4M | $74.4M |
净利润CGDBRG
| Q4 25 | $358.1M | $65.1M | ||
| Q3 25 | $900.0K | $31.4M | ||
| Q2 25 | $319.7M | $31.6M | ||
| Q1 25 | $130.0M | $13.8M | ||
| Q4 24 | $210.9M | — | ||
| Q3 24 | $595.7M | $13.8M | ||
| Q2 24 | $148.2M | $91.4M | ||
| Q1 24 | $65.6M | $-29.6M |
营业利润率CGDBRG
| Q4 25 | 24.3% | — | ||
| Q3 25 | 25.8% | -13.9% | ||
| Q2 25 | 28.0% | -31.2% | ||
| Q1 25 | 17.6% | -11.5% | ||
| Q4 24 | 25.7% | 5.7% | ||
| Q3 24 | 29.9% | 62.4% | ||
| Q2 24 | 20.5% | 33.5% | ||
| Q1 24 | 17.5% | -20.7% |
净利率CGDBRG
| Q4 25 | 18.8% | 61.5% | ||
| Q3 25 | 0.3% | 33.7% | ||
| Q2 25 | 20.3% | 37.1% | ||
| Q1 25 | 13.4% | 15.3% | ||
| Q4 24 | 20.4% | — | ||
| Q3 24 | 22.6% | 18.0% | ||
| Q2 24 | 13.9% | 23.4% | ||
| Q1 24 | 9.5% | -39.8% |
每股收益（稀释后）CGDBRG
| Q4 25 | $0.96 | $0.28 | ||
| Q3 25 | $0.00 | $0.09 | ||
| Q2 25 | $0.87 | $0.10 | ||
| Q1 25 | $0.35 | $-0.01 | ||
| Q4 24 | $0.56 | — | ||
| Q3 24 | $1.63 | $-0.01 | ||
| Q2 24 | $0.40 | $0.44 | ||
| Q1 24 | $0.18 | $-0.28 |
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 | $2.0B | $382.5M |
| 总债务越低越好 | — | $298.8M |
| 股东权益账面价值 | $7.1B | $2.1B |
| 总资产 | $29.1B | $3.4B |
| 负债/权益比越低杠杆越低 | — | 0.14× |
8季度趋势，按日历期对齐
现金及短期投资CGDBRG
| Q4 25 | $2.0B | $382.5M | ||
| Q3 25 | $2.2B | $358.4M | ||
| Q2 25 | $1.3B | $340.7M | ||
| Q1 25 | $1.2B | $349.9M | ||
| Q4 24 | $1.3B | $302.2M | ||
| Q3 24 | $1.4B | $294.4M | ||
| Q2 24 | $914.8M | $261.2M | ||
| Q1 24 | $1.3B | $247.4M |
总债务CGDBRG
| Q4 25 | — | $298.8M | ||
| Q3 25 | — | $327.9M | ||
| Q2 25 | — | $298.0M | ||
| Q1 25 | — | $296.9M | ||
| Q4 24 | — | $296.4M | ||
| Q3 24 | — | $295.8M | ||
| Q2 24 | — | $295.3M | ||
| Q1 24 | — | $366.5M |
股东权益CGDBRG
| Q4 25 | $7.1B | $2.1B | ||
| Q3 25 | $6.8B | $2.1B | ||
| Q2 25 | $6.7B | $2.0B | ||
| Q1 25 | $6.4B | $2.0B | ||
| Q4 24 | $6.3B | $2.0B | ||
| Q3 24 | $6.3B | $2.0B | ||
| Q2 24 | $5.7B | $2.0B | ||
| Q1 24 | $5.7B | $1.8B |
总资产CGDBRG
| Q4 25 | $29.1B | $3.4B | ||
| Q3 25 | $27.1B | $3.5B | ||
| Q2 25 | $25.1B | $3.4B | ||
| Q1 25 | $24.1B | $3.4B | ||
| Q4 24 | $23.1B | $3.5B | ||
| Q3 24 | $22.7B | $3.5B | ||
| Q2 24 | $22.3B | $3.5B | ||
| Q1 24 | $20.8B | $3.5B |
负债/权益比CGDBRG
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 0.15× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.15× | ||
| Q1 24 | — | 0.20× |
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 | $-1.2B | $259.3M |
| 自由现金流经营现金流 - 资本支出 | $-1.2B | $258.0M |
| 自由现金流率自由现金流/营收 | -65.1% | 244.0% |
| 资本支出强度资本支出/营收 | 2.2% | 1.3% |
| 现金转化率经营现金流/净利润 | -3.34× | 3.99× |
| 过去12个月自由现金流最近4个季度 | $-3.4B | $440.5M |
8季度趋势，按日历期对齐
经营现金流CGDBRG
| Q4 25 | $-1.2B | $259.3M | ||
| Q3 25 | $-1.6B | $56.5M | ||
| Q2 25 | $-168.8M | $77.0M | ||
| Q1 25 | $-352.1M | $50.3M | ||
| Q4 24 | $-352.8M | $60.1M | ||
| Q3 24 | $791.9M | $35.9M | ||
| Q2 24 | $-1.3B | $22.5M | ||
| Q1 24 | $71.1M | $-27.0M |
自由现金流CGDBRG
| Q4 25 | $-1.2B | $258.0M | ||
| Q3 25 | $-1.6B | $56.1M | ||
| Q2 25 | $-186.3M | $76.4M | ||
| Q1 25 | $-368.8M | $50.0M | ||
| Q4 24 | $-379.5M | $56.5M | ||
| Q3 24 | $772.8M | — | ||
| Q2 24 | $-1.3B | $22.3M | ||
| Q1 24 | $56.9M | $-30.1M |
自由现金流率CGDBRG
| Q4 25 | -65.1% | 244.0% | ||
| Q3 25 | -475.7% | 60.2% | ||
| Q2 25 | -11.8% | 89.5% | ||
| Q1 25 | -37.9% | 55.5% | ||
| Q4 24 | -36.8% | 55.7% | ||
| Q3 24 | 29.3% | — | ||
| Q2 24 | -120.4% | 5.7% | ||
| Q1 24 | 8.3% | -40.4% |
资本支出强度CGDBRG
| Q4 25 | 2.2% | 1.3% | ||
| Q3 25 | 7.0% | 0.4% | ||
| Q2 25 | 1.1% | 0.7% | ||
| Q1 25 | 1.7% | 0.3% | ||
| Q4 24 | 2.6% | 3.5% | ||
| Q3 24 | 0.7% | 0.0% | ||
| Q2 24 | 1.7% | 0.1% | ||
| Q1 24 | 2.1% | 4.1% |
现金转化率CGDBRG
| Q4 25 | -3.34× | 3.99× | ||
| Q3 25 | -1732.78× | 1.80× | ||
| Q2 25 | -0.53× | 2.43× | ||
| Q1 25 | -2.71× | 3.65× | ||
| Q4 24 | -1.67× | — | ||
| Q3 24 | 1.33× | 2.61× | ||
| Q2 24 | -8.57× | 0.25× | ||
| Q1 24 | 1.08× | — |
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
CG
| Fund Management Fee | $606.8M | 32% |
| Other | $528.7M | 28% |
| Global Private Equity Segment | $307.3M | 16% |
| Global Credit Segment | $238.0M | 13% |
| Carlyle Alp Invest Segment | $124.6M | 7% |
| Incentive Fee | $55.4M | 3% |
| Fee Related Performance Revenues | $29.2M | 2% |
| Investment Advice | $11.1M | 1% |
DBRG
暂无分部数据
