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Charter Communications（CHTR）与潘世奇汽车集团（PAG）财务数据对比。点击上方公司名可切换其他公司
Charter Communications的季度营收约是潘世奇汽车集团的1.5倍（$13.6B vs $8.8B），Charter Communications净利率更高（8.6% vs 2.6%，领先6.0%），潘世奇汽车集团同比增速更快（14.6% vs -1.0%），Charter Communications自由现金流更多（$1.4B vs $25.1M），过去两年潘世奇汽车集团的营收复合增速更高（9.0% vs -0.3%）
Charter Communications是美国知名电信与大众传媒企业，旗下服务统一使用Spectrum品牌运营，总部位于美国康涅狄格州斯坦福德市，主营业务涵盖宽带网络、有线电视、移动通信等领域，为美国家庭及商业客户提供各类综合通信与媒体服务。
潘世奇汽车集团（PAG）是总部位于美国密歇根州布卢姆菲尔德希尔斯的交通服务企业，主营汽车与商用卡车经销业务，覆盖美国、加拿大及西欧市场，同时在澳大利亚、新西兰分销商用车、发动机、动力系统及相关配件服务，还持有潘世奇运输解决方案公司28.9%的股份，后者管理超40万辆卡车的车队。
CHTR vs PAG — 直观对比
营收规模更大
CHTR
是对方的1.5倍
$8.8B
营收增速更快
PAG
高出15.6%
-1.0%
净利率更高
CHTR
高出6.0%
2.6%
自由现金流更多
CHTR
多$1.3B
$25.1M
两年增速更快
PAG
近两年复合增速
-0.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $13.6B | $8.8B |
| 净利润 | $1.2B | $228.1M |
| 毛利率 | — | 15.9% |
| 营业利润率 | 23.6% | 3.6% |
| 净利率 | 8.6% | 2.6% |
| 营收同比 | -1.0% | 14.6% |
| 净利润同比 | -4.4% | -3.5% |
| 每股收益（稀释后） | $9.17 | $3.46 |
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CHTRPAG
| Q1 26 | $13.6B | — | ||
| Q4 25 | $13.6B | $8.8B | ||
| Q3 25 | $13.7B | $7.7B | ||
| Q2 25 | $13.8B | $7.7B | ||
| Q1 25 | $13.7B | $7.6B | ||
| Q4 24 | $13.9B | $7.7B | ||
| Q3 24 | $13.8B | $7.6B | ||
| Q2 24 | $13.7B | $7.7B |
净利润CHTRPAG
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.3B | $228.1M | ||
| Q3 25 | $1.1B | $213.0M | ||
| Q2 25 | $1.3B | $250.0M | ||
| Q1 25 | $1.2B | $244.3M | ||
| Q4 24 | $1.5B | $236.4M | ||
| Q3 24 | $1.3B | $226.1M | ||
| Q2 24 | $1.2B | $241.2M |
毛利率CHTRPAG
| Q1 26 | — | — | ||
| Q4 25 | — | 15.9% | ||
| Q3 25 | — | 16.2% | ||
| Q2 25 | — | 16.9% | ||
| Q1 25 | — | 16.7% | ||
| Q4 24 | — | 16.3% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 16.4% |
营业利润率CHTRPAG
| Q1 26 | 23.6% | — | ||
| Q4 25 | 24.0% | 3.6% | ||
| Q3 25 | 22.9% | 3.9% | ||
| Q2 25 | 23.8% | 4.5% | ||
| Q1 25 | 23.6% | 4.1% | ||
| Q4 24 | 24.3% | 4.3% | ||
| Q3 24 | 24.2% | 4.2% | ||
| Q2 24 | 23.8% | 4.4% |
净利率CHTRPAG
| Q1 26 | 8.6% | — | ||
| Q4 25 | 9.8% | 2.6% | ||
| Q3 25 | 8.3% | 2.8% | ||
| Q2 25 | 9.5% | 3.3% | ||
| Q1 25 | 8.9% | 3.2% | ||
| Q4 24 | 10.5% | 3.1% | ||
| Q3 24 | 9.3% | 3.0% | ||
| Q2 24 | 9.0% | 3.1% |
每股收益（稀释后）CHTRPAG
| Q1 26 | $9.17 | — | ||
| Q4 25 | $10.27 | $3.46 | ||
| Q3 25 | $8.34 | $3.23 | ||
| Q2 25 | $9.18 | $3.78 | ||
| Q1 25 | $8.42 | $3.66 | ||
| Q4 24 | $10.11 | $3.53 | ||
| Q3 24 | $8.82 | $3.39 | ||
| Q2 24 | $8.49 | $3.61 |
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 | $517.0M | $64.7M |
| 总债务越低越好 | $94.4B | $2.2B |
| 股东权益账面价值 | $21.1B | $5.6B |
| 总资产 | $154.6B | $17.6B |
| 负债/权益比越低杠杆越低 | 4.48× | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资CHTRPAG
| Q1 26 | $517.0M | — | ||
| Q4 25 | $477.0M | $64.7M | ||
| Q3 25 | $464.0M | $80.3M | ||
| Q2 25 | $606.0M | $155.3M | ||
| Q1 25 | $796.0M | $118.4M | ||
| Q4 24 | $459.0M | $72.4M | ||
| Q3 24 | $721.0M | $91.9M | ||
| Q2 24 | $602.0M | $115.1M |
总债务CHTRPAG
| Q1 26 | $94.4B | — | ||
| Q4 25 | $94.8B | $2.2B | ||
| Q3 25 | $95.2B | $1.6B | ||
| Q2 25 | $94.4B | $1.8B | ||
| Q1 25 | $93.8B | $1.8B | ||
| Q4 24 | $93.9B | $1.9B | ||
| Q3 24 | $95.3B | $1.9B | ||
| Q2 24 | $96.7B | $1.8B |
股东权益CHTRPAG
| Q1 26 | $21.1B | — | ||
| Q4 25 | $16.1B | $5.6B | ||
| Q3 25 | $15.3B | $5.7B | ||
| Q2 25 | $16.2B | $5.6B | ||
| Q1 25 | $16.2B | $5.4B | ||
| Q4 24 | $15.6B | $5.2B | ||
| Q3 24 | $14.1B | $5.2B | ||
| Q2 24 | $12.9B | $5.0B |
总资产CHTRPAG
| Q1 26 | $154.6B | — | ||
| Q4 25 | $154.2B | $17.6B | ||
| Q3 25 | $152.8B | $17.1B | ||
| Q2 25 | $151.6B | $17.4B | ||
| Q1 25 | $151.0B | $16.9B | ||
| Q4 24 | $150.0B | $16.7B | ||
| Q3 24 | $149.4B | $17.1B | ||
| Q2 24 | $148.6B | $16.6B |
负债/权益比CHTRPAG
| Q1 26 | 4.48× | — | ||
| Q4 25 | 5.90× | 0.39× | ||
| Q3 25 | 6.20× | 0.28× | ||
| Q2 25 | 5.82× | 0.32× | ||
| Q1 25 | 5.77× | 0.33× | ||
| Q4 24 | 6.03× | 0.36× | ||
| Q3 24 | 6.76× | 0.36× | ||
| Q2 24 | 7.51× | 0.36× |
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 | — | $123.2M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $25.1M |
| 自由现金流率自由现金流/营收 | 10.1% | 0.3% |
| 资本支出强度资本支出/营收 | 21.0% | 1.1% |
| 现金转化率经营现金流/净利润 | — | 0.54× |
| 过去12个月自由现金流最近4个季度 | $4.0B | $650.5M |
8季度趋势，按日历期对齐
经营现金流CHTRPAG
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | $123.2M | ||
| Q3 25 | $4.5B | $379.5M | ||
| Q2 25 | $3.6B | $189.7M | ||
| Q1 25 | $4.2B | $282.7M | ||
| Q4 24 | $3.5B | $217.7M | ||
| Q3 24 | $3.9B | $271.0M | ||
| Q2 24 | $3.9B | $235.1M |
自由现金流CHTRPAG
| Q1 26 | $1.4B | — | ||
| Q4 25 | $426.0M | $25.1M | ||
| Q3 25 | $1.4B | $300.4M | ||
| Q2 25 | $726.0M | $118.9M | ||
| Q1 25 | $1.8B | $206.1M | ||
| Q4 24 | $398.0M | $131.6M | ||
| Q3 24 | $1.3B | $190.1M | ||
| Q2 24 | $1.0B | $135.9M |
自由现金流率CHTRPAG
| Q1 26 | 10.1% | — | ||
| Q4 25 | 3.1% | 0.3% | ||
| Q3 25 | 10.5% | 3.9% | ||
| Q2 25 | 5.3% | 1.6% | ||
| Q1 25 | 13.4% | 2.7% | ||
| Q4 24 | 2.9% | 1.7% | ||
| Q3 24 | 9.7% | 2.5% | ||
| Q2 24 | 7.3% | 1.8% |
资本支出强度CHTRPAG
| Q1 26 | 21.0% | — | ||
| Q4 25 | 24.5% | 1.1% | ||
| Q3 25 | 22.3% | 1.0% | ||
| Q2 25 | 20.9% | 0.9% | ||
| Q1 25 | 17.5% | 1.0% | ||
| Q4 24 | 22.0% | 1.1% | ||
| Q3 24 | 18.6% | 1.1% | ||
| Q2 24 | 20.8% | 1.3% |
现金转化率CHTRPAG
| Q1 26 | — | — | ||
| Q4 25 | 2.82× | 0.54× | ||
| Q3 25 | 3.94× | 1.78× | ||
| Q2 25 | 2.77× | 0.76× | ||
| Q1 25 | 3.48× | 1.16× | ||
| Q4 24 | 2.36× | 0.92× | ||
| Q3 24 | 3.05× | 1.20× | ||
| Q2 24 | 3.13× | 0.97× |
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
CHTR
| Internet | $5.9B | 43% |
| Video | $3.3B | 24% |
| Small business | $1.1B | 8% |
| Mobile service | $1.1B | 8% |
| Other | $906.0M | 7% |
| Mid-market & large business | $749.0M | 6% |
| Advertising sales | $358.0M | 3% |
| Voice | $338.0M | 2% |
PAG
| New Vehicle | $3.9B | 44% |
| Used Vehicle | $2.3B | 26% |
| Service And Parts | $953.6M | 11% |
| Retail Commercial Truck Dealership Segment | $725.4M | 8% |
| Other | $414.5M | 5% |
| Commercial Vehicle Distribution And Other | $303.3M | 3% |
| Finance And Insurance Net | $221.9M | 3% |
