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天弘科技（CLS）与皇家加勒比集团（RCL）财务数据对比。点击上方公司名可切换其他公司
皇家加勒比集团的季度营收约是天弘科技的1.1倍（$4.5B vs $4.0B），皇家加勒比集团净利率更高（21.3% vs 5.2%，领先16.1%），天弘科技同比增速更快（52.8% vs 11.3%），过去两年天弘科技的营收复合增速更高（35.4% vs 4.1%）
天弘科技（Celestica Inc.）是总部位于加拿大安大略省多伦多的跨国电子制造服务（EMS）企业，业务涵盖设计、生产制造、硬件平台搭建及供应链服务，目前在全球15个国家设有50个运营站点，为各行业客户提供专业的电子产业链相关解决方案。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
CLS vs RCL — 直观对比
营收规模更大
RCL
是对方的1.1倍
$4.0B
营收增速更快
CLS
高出41.5%
11.3%
净利率更高
RCL
高出16.1%
5.2%
两年增速更快
CLS
近两年复合增速
4.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $4.5B |
| 净利润 | $212.3M | $950.0M |
| 毛利率 | 10.8% | — |
| 营业利润率 | 6723.5% | 26.1% |
| 净利率 | 5.2% | 21.3% |
| 营收同比 | 52.8% | 11.3% |
| 净利润同比 | 146.3% | 29.1% |
| 每股收益（稀释后） | $1.83 | $3.48 |
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CLSRCL
| Q1 26 | $4.0B | $4.5B | ||
| Q4 25 | $3.7B | $4.3B | ||
| Q3 25 | $3.2B | $5.1B | ||
| Q2 25 | $2.9B | $4.5B | ||
| Q1 25 | $2.6B | $4.0B | ||
| Q4 24 | — | $3.8B | ||
| Q3 24 | $2.5B | $4.9B | ||
| Q2 24 | $2.4B | $4.1B |
净利润CLSRCL
| Q1 26 | $212.3M | $950.0M | ||
| Q4 25 | $267.5M | $753.0M | ||
| Q3 25 | $267.8M | $1.6B | ||
| Q2 25 | $211.0M | $1.2B | ||
| Q1 25 | $86.2M | $730.0M | ||
| Q4 24 | — | $552.0M | ||
| Q3 24 | $89.5M | $1.1B | ||
| Q2 24 | $95.0M | $854.0M |
毛利率CLSRCL
| Q1 26 | 10.8% | — | ||
| Q4 25 | 11.8% | 47.4% | ||
| Q3 25 | 13.0% | 51.8% | ||
| Q2 25 | 12.8% | 49.7% | ||
| Q1 25 | 10.3% | 48.0% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | 10.4% | 51.1% | ||
| Q2 24 | 10.6% | 47.6% |
营业利润率CLSRCL
| Q1 26 | 6723.5% | 26.1% | ||
| Q4 25 | 8.6% | 21.9% | ||
| Q3 25 | 10.2% | 33.1% | ||
| Q2 25 | 9.4% | 29.3% | ||
| Q1 25 | 4.9% | 23.6% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | 5.5% | 33.4% | ||
| Q2 24 | 5.6% | 26.7% |
净利率CLSRCL
| Q1 26 | 5.2% | 21.3% | ||
| Q4 25 | 7.3% | 17.7% | ||
| Q3 25 | 8.4% | 30.6% | ||
| Q2 25 | 7.3% | 26.7% | ||
| Q1 25 | 3.3% | 18.3% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | 3.6% | 22.7% | ||
| Q2 24 | 4.0% | 20.8% |
每股收益（稀释后）CLSRCL
| Q1 26 | $1.83 | $3.48 | ||
| Q4 25 | $2.29 | $2.76 | ||
| Q3 25 | $2.31 | $5.74 | ||
| Q2 25 | $1.82 | $4.41 | ||
| Q1 25 | $0.74 | $2.70 | ||
| Q4 24 | — | $2.27 | ||
| Q3 24 | $0.75 | $4.21 | ||
| Q2 24 | $0.80 | $3.11 |
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 | $378.0M | $512.0M |
| 总债务越低越好 | — | $21.1B |
| 股东权益账面价值 | $2.1B | $10.0B |
| 总资产 | $8260.0B | $42.0B |
| 负债/权益比越低杠杆越低 | — | 2.11× |
8季度趋势，按日历期对齐
现金及短期投资CLSRCL
| Q1 26 | $378.0M | $512.0M | ||
| Q4 25 | $595.6M | $825.0M | ||
| Q3 25 | $305.9M | $432.0M | ||
| Q2 25 | $313.8M | $735.0M | ||
| Q1 25 | $303.0M | $386.0M | ||
| Q4 24 | — | $388.0M | ||
| Q3 24 | — | $418.0M | ||
| Q2 24 | — | $391.0M |
总债务CLSRCL
| Q1 26 | — | $21.1B | ||
| Q4 25 | $750.5M | $18.2B | ||
| Q3 25 | $756.7M | $17.2B | ||
| Q2 25 | $848.6M | $17.6B | ||
| Q1 25 | $915.0M | $18.0B | ||
| Q4 24 | — | $18.5B | ||
| Q3 24 | — | $19.0B | ||
| Q2 24 | — | $19.8B |
股东权益CLSRCL
| Q1 26 | $2.1B | $10.0B | ||
| Q4 25 | $2.2B | $10.0B | ||
| Q3 25 | $2.0B | $10.1B | ||
| Q2 25 | $1.8B | $9.2B | ||
| Q1 25 | $1.6B | $8.0B | ||
| Q4 24 | — | $7.6B | ||
| Q3 24 | $1.8B | $7.0B | ||
| Q2 24 | $1.8B | $6.0B |
总资产CLSRCL
| Q1 26 | $8260.0B | $42.0B | ||
| Q4 25 | $7.2B | $41.6B | ||
| Q3 25 | $6.6B | $40.1B | ||
| Q2 25 | $6.2B | $38.5B | ||
| Q1 25 | $5.8B | $37.5B | ||
| Q4 24 | — | $37.1B | ||
| Q3 24 | — | $37.1B | ||
| Q2 24 | — | $37.0B |
负债/权益比CLSRCL
| Q1 26 | — | 2.11× | ||
| Q4 25 | 0.34× | 1.81× | ||
| Q3 25 | 0.37× | 1.70× | ||
| Q2 25 | 0.48× | 1.92× | ||
| Q1 25 | 0.59× | 2.26× | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | — | 2.69× | ||
| Q2 24 | — | 3.29× |
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 | $356.3M | $1.8B |
| 自由现金流经营现金流 - 资本支出 | $137.9M | — |
| 自由现金流率自由现金流/营收 | 3.4% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.68× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $502.6M | — |
8季度趋势，按日历期对齐
经营现金流CLSRCL
| Q1 26 | $356.3M | $1.8B | ||
| Q4 25 | $250.6M | $1.6B | ||
| Q3 25 | $126.2M | $1.5B | ||
| Q2 25 | $152.4M | $1.7B | ||
| Q1 25 | $130.3M | $1.6B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $122.8M | $897.0M | ||
| Q2 24 | $99.6M | $1.6B |
自由现金流CLSRCL
| Q1 26 | $137.9M | — | ||
| Q4 25 | $155.9M | $116.0M | ||
| Q3 25 | $88.9M | $-989.0M | ||
| Q2 25 | $119.9M | $910.0M | ||
| Q1 25 | $93.6M | $1.2B | ||
| Q4 24 | — | $915.0M | ||
| Q3 24 | $76.8M | $563.0M | ||
| Q2 24 | $62.7M | $-567.0M |
自由现金流率CLSRCL
| Q1 26 | 3.4% | — | ||
| Q4 25 | 4.3% | 2.7% | ||
| Q3 25 | 2.8% | -19.2% | ||
| Q2 25 | 4.1% | 20.1% | ||
| Q1 25 | 3.5% | 30.0% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | 3.1% | 11.5% | ||
| Q2 24 | 2.6% | -13.8% |
资本支出强度CLSRCL
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 35.4% | ||
| Q3 25 | 1.2% | 47.8% | ||
| Q2 25 | 1.1% | 18.4% | ||
| Q1 25 | 1.4% | 10.7% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | 1.8% | 6.8% | ||
| Q2 24 | 1.5% | 52.1% |
现金转化率CLSRCL
| Q1 26 | 1.68× | 1.93× | ||
| Q4 25 | 0.94× | 2.16× | ||
| Q3 25 | 0.47× | 0.93× | ||
| Q2 25 | 0.72× | 1.44× | ||
| Q1 25 | 1.51× | 2.23× | ||
| Q4 24 | — | 2.66× | ||
| Q3 24 | 1.37× | 0.81× | ||
| Q2 24 | 1.05× | 1.84× |
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
CLS
暂无分部数据
RCL
| Passenger ticket revenues | $3.0B | 68% |
| Onboard and other revenues | $1.4B | 32% |
