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Charter Communications（CHTR）与美国联合航空（UAL）财务数据对比。点击上方公司名可切换其他公司
美国联合航空的季度营收约是Charter Communications的1.1倍（$14.6B vs $13.6B），Charter Communications净利率更高（8.6% vs 4.8%，领先3.8%），美国联合航空同比增速更快（10.6% vs -1.0%），美国联合航空自由现金流更多（$2.0B vs $1.4B），过去两年Charter Communications的营收复合增速更高（-0.3% vs -1.3%）
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。
美国联合航空是美国主要航企，总部位于伊利诺伊州芝加哥，运营覆盖美国本土及六大洲的广阔国内外航线网络，区域航线由独立航司以美联航快运品牌运营，作为星空联盟五大创始航司之一，其航线网络可辐射全球各地。
CHTR vs UAL — 直观对比
营收规模更大
UAL
是对方的1.1倍
$13.6B
营收增速更快
UAL
高出11.6%
-1.0%
净利率更高
CHTR
高出3.8%
4.8%
自由现金流更多
UAL
多$654.0M
$1.4B
两年增速更快
CHTR
近两年复合增速
-1.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $13.6B | $14.6B |
| 净利润 | $1.2B | $699.0M |
| 毛利率 | — | — |
| 营业利润率 | 23.6% | 6.8% |
| 净利率 | 8.6% | 4.8% |
| 营收同比 | -1.0% | 10.6% |
| 净利润同比 | -4.4% | 80.6% |
| 每股收益（稀释后） | $9.17 | $2.14 |
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CHTRUAL
| Q1 26 | $13.6B | $14.6B | ||
| Q4 25 | $13.6B | $15.4B | ||
| Q3 25 | $13.7B | $15.2B | ||
| Q2 25 | $13.8B | $15.2B | ||
| Q1 25 | $13.7B | $13.2B | ||
| Q4 24 | $13.9B | $14.7B | ||
| Q3 24 | $13.8B | $14.8B | ||
| Q2 24 | $13.7B | $15.0B |
净利润CHTRUAL
| Q1 26 | $1.2B | $699.0M | ||
| Q4 25 | $1.3B | $1.0B | ||
| Q3 25 | $1.1B | $949.0M | ||
| Q2 25 | $1.3B | $973.0M | ||
| Q1 25 | $1.2B | $387.0M | ||
| Q4 24 | $1.5B | $985.0M | ||
| Q3 24 | $1.3B | $965.0M | ||
| Q2 24 | $1.2B | $1.3B |
营业利润率CHTRUAL
| Q1 26 | 23.6% | 6.8% | ||
| Q4 25 | 24.0% | 9.0% | ||
| Q3 25 | 22.9% | 9.2% | ||
| Q2 25 | 23.8% | 8.7% | ||
| Q1 25 | 23.6% | 4.6% | ||
| Q4 24 | 24.3% | 10.2% | ||
| Q3 24 | 24.2% | 10.5% | ||
| Q2 24 | 23.8% | 12.9% |
净利率CHTRUAL
| Q1 26 | 8.6% | 4.8% | ||
| Q4 25 | 9.8% | 6.8% | ||
| Q3 25 | 8.3% | 6.2% | ||
| Q2 25 | 9.5% | 6.4% | ||
| Q1 25 | 8.9% | 2.9% | ||
| Q4 24 | 10.5% | 6.7% | ||
| Q3 24 | 9.3% | 6.5% | ||
| Q2 24 | 9.0% | 8.8% |
每股收益（稀释后）CHTRUAL
| Q1 26 | $9.17 | $2.14 | ||
| Q4 25 | $10.27 | $3.17 | ||
| Q3 25 | $8.34 | $2.90 | ||
| Q2 25 | $9.18 | $2.97 | ||
| Q1 25 | $8.42 | $1.16 | ||
| Q4 24 | $10.11 | $2.97 | ||
| Q3 24 | $8.82 | $2.90 | ||
| Q2 24 | $8.49 | $3.96 |
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 | $14.2B |
| 总债务越低越好 | $94.4B | — |
| 股东权益账面价值 | $21.1B | $15.9B |
| 总资产 | $154.6B | $80.9B |
| 负债/权益比越低杠杆越低 | 4.48× | — |
8季度趋势，按日历期对齐
现金及短期投资CHTRUAL
| Q1 26 | $517.0M | $14.2B | ||
| Q4 25 | $477.0M | $12.2B | ||
| Q3 25 | $464.0M | $13.3B | ||
| Q2 25 | $606.0M | $15.6B | ||
| Q1 25 | $796.0M | $15.3B | ||
| Q4 24 | $459.0M | $14.5B | ||
| Q3 24 | $721.0M | $14.2B | ||
| Q2 24 | $602.0M | $15.2B |
总债务CHTRUAL
| Q1 26 | $94.4B | — | ||
| Q4 25 | $94.8B | $20.6B | ||
| Q3 25 | $95.2B | $20.8B | ||
| Q2 25 | $94.4B | $20.9B | ||
| Q1 25 | $93.8B | $24.4B | ||
| Q4 24 | $93.9B | $25.2B | ||
| Q3 24 | $95.3B | — | ||
| Q2 24 | $96.7B | — |
股东权益CHTRUAL
| Q1 26 | $21.1B | $15.9B | ||
| Q4 25 | $16.1B | $15.3B | ||
| Q3 25 | $15.3B | $14.3B | ||
| Q2 25 | $16.2B | $13.4B | ||
| Q1 25 | $16.2B | $12.6B | ||
| Q4 24 | $15.6B | $12.7B | ||
| Q3 24 | $14.1B | $11.4B | ||
| Q2 24 | $12.9B | $10.5B |
总资产CHTRUAL
| Q1 26 | $154.6B | $80.9B | ||
| Q4 25 | $154.2B | $76.4B | ||
| Q3 25 | $152.8B | $76.3B | ||
| Q2 25 | $151.6B | $77.2B | ||
| Q1 25 | $151.0B | $76.1B | ||
| Q4 24 | $150.0B | $74.1B | ||
| Q3 24 | $149.4B | $72.6B | ||
| Q2 24 | $148.6B | $73.3B |
负债/权益比CHTRUAL
| Q1 26 | 4.48× | — | ||
| Q4 25 | 5.90× | 1.35× | ||
| Q3 25 | 6.20× | 1.45× | ||
| Q2 25 | 5.82× | 1.56× | ||
| Q1 25 | 5.77× | 1.93× | ||
| Q4 24 | 6.03× | 1.99× | ||
| Q3 24 | 6.76× | — | ||
| Q2 24 | 7.51× | — |
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 | — | $4.8B |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $2.0B |
| 自由现金流率自由现金流/营收 | 10.1% | 13.9% |
| 资本支出强度资本支出/营收 | 21.0% | 13.9% |
| 现金转化率经营现金流/净利润 | — | 6.87× |
| 过去12个月自由现金流最近4个季度 | $4.0B | $2.1B |
8季度趋势，按日历期对齐
经营现金流CHTRUAL
| Q1 26 | — | $4.8B | ||
| Q4 25 | $3.8B | $1.3B | ||
| Q3 25 | $4.5B | $1.2B | ||
| Q2 25 | $3.6B | $2.2B | ||
| Q1 25 | $4.2B | $3.7B | ||
| Q4 24 | $3.5B | $2.2B | ||
| Q3 24 | $3.9B | $1.5B | ||
| Q2 24 | $3.9B | $2.9B |
自由现金流CHTRUAL
| Q1 26 | $1.4B | $2.0B | ||
| Q4 25 | $426.0M | $-604.0M | ||
| Q3 25 | $1.4B | $-246.0M | ||
| Q2 25 | $726.0M | $930.0M | ||
| Q1 25 | $1.8B | $2.5B | ||
| Q4 24 | $398.0M | $549.0M | ||
| Q3 24 | $1.3B | $88.0M | ||
| Q2 24 | $1.0B | $1.7B |
自由现金流率CHTRUAL
| Q1 26 | 10.1% | 13.9% | ||
| Q4 25 | 3.1% | -3.9% | ||
| Q3 25 | 10.5% | -1.6% | ||
| Q2 25 | 5.3% | 6.1% | ||
| Q1 25 | 13.4% | 18.7% | ||
| Q4 24 | 2.9% | 3.7% | ||
| Q3 24 | 9.7% | 0.6% | ||
| Q2 24 | 7.3% | 11.4% |
资本支出强度CHTRUAL
| Q1 26 | 21.0% | 13.9% | ||
| Q4 25 | 24.5% | 12.3% | ||
| Q3 25 | 22.3% | 9.6% | ||
| Q2 25 | 20.9% | 8.4% | ||
| Q1 25 | 17.5% | 9.3% | ||
| Q4 24 | 22.0% | 11.4% | ||
| Q3 24 | 18.6% | 9.5% | ||
| Q2 24 | 20.8% | 7.8% |
现金转化率CHTRUAL
| Q1 26 | — | 6.87× | ||
| Q4 25 | 2.82× | 1.23× | ||
| Q3 25 | 3.94× | 1.28× | ||
| Q2 25 | 2.77× | 2.28× | ||
| Q1 25 | 3.48× | 9.59× | ||
| Q4 24 | 2.36× | 2.26× | ||
| Q3 24 | 3.05× | 1.55× | ||
| Q2 24 | 3.13× | 2.17× |
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% |
UAL
| Passenger revenue | $13.2B | 90% |
| Other | $1.0B | 7% |
| Cargo revenue | $422.0M | 3% |
