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康卡斯特（CMCSA）与DELUXE CORP（DLX）财务数据对比。点击上方公司名可切换其他公司
康卡斯特的季度营收约是DELUXE CORP的58.8倍（$31.5B vs $535.2M）。康卡斯特净利率更高（6.9% vs 2.2%，领先4.7%）。康卡斯特同比增速更快（5.3% vs 2.8%）。过去两年康卡斯特的营收复合增速更高（2.9% vs 0.0%）
康卡斯特是美国跨国大众传媒、电信及娱乐综合集团，总部位于费城康卡斯特中心，旗下NBC环球、纽约业务及其他核心资产总部设于纽约曼哈顿中城洛克菲勒广场30号，2023年位列福布斯全球企业2000强第51位，是全球传媒娱乐领域的头部企业。
德朗士公司是一家美国企业，提供支付处理、数据服务、票据与促销产品以及商户服务，业务分为B2B支付、数据、印刷和商户服务四大板块。截至2025年，公司为数百万中小企业和数千家金融机构提供服务，每年处理支付交易总额超2.8万亿美元，虽传统核心业务为票据印刷等印刷产品，如今支付与数据服务已成为核心板块。
CMCSA vs DLX — 直观对比
营收规模更大
CMCSA
是对方的58.8倍
$535.2M
营收增速更快
CMCSA
高出2.4%
2.8%
净利率更高
CMCSA
高出4.7%
2.2%
两年增速更快
CMCSA
近两年复合增速
0.0%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $31.5B | $535.2M |
| 净利润 | $2.2B | $12.0M |
| 毛利率 | — | 52.2% |
| 营业利润率 | 13.1% | 8.9% |
| 净利率 | 6.9% | 2.2% |
| 营收同比 | 5.3% | 2.8% |
| 净利润同比 | -35.6% | -5.0% |
| 每股收益（稀释后） | $0.60 | $0.25 |
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CMCSADLX
| Q1 26 | $31.5B | — | ||
| Q4 25 | $32.3B | $535.2M | ||
| Q3 25 | $31.2B | $540.2M | ||
| Q2 25 | $30.3B | $521.3M | ||
| Q1 25 | $29.9B | $536.5M | ||
| Q4 24 | $31.9B | $520.6M | ||
| Q3 24 | $32.1B | $528.4M | ||
| Q2 24 | $29.7B | $537.8M |
净利润CMCSADLX
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $12.0M | ||
| Q3 25 | $3.3B | $33.7M | ||
| Q2 25 | $11.1B | $22.4M | ||
| Q1 25 | $3.4B | $14.0M | ||
| Q4 24 | $4.8B | $12.6M | ||
| Q3 24 | $3.6B | $8.9M | ||
| Q2 24 | $3.9B | $20.5M |
毛利率CMCSADLX
| Q1 26 | — | — | ||
| Q4 25 | — | 52.2% | ||
| Q3 25 | — | 53.9% | ||
| Q2 25 | — | 53.6% | ||
| Q1 25 | — | 52.4% | ||
| Q4 24 | — | 52.3% | ||
| Q3 24 | — | 53.3% | ||
| Q2 24 | — | 53.7% |
营业利润率CMCSADLX
| Q1 26 | 13.1% | — | ||
| Q4 25 | 10.8% | 8.9% | ||
| Q3 25 | 17.7% | 14.0% | ||
| Q2 25 | 19.8% | 11.7% | ||
| Q1 25 | 18.9% | 9.0% | ||
| Q4 24 | 15.6% | 9.0% | ||
| Q3 24 | 18.3% | 7.9% | ||
| Q2 24 | 22.3% | 11.0% |
净利率CMCSADLX
| Q1 26 | 6.9% | — | ||
| Q4 25 | 6.7% | 2.2% | ||
| Q3 25 | 10.7% | 6.2% | ||
| Q2 25 | 36.7% | 4.3% | ||
| Q1 25 | 11.3% | 2.6% | ||
| Q4 24 | 15.0% | 2.4% | ||
| Q3 24 | 11.3% | 1.7% | ||
| Q2 24 | 13.2% | 3.8% |
每股收益（稀释后）CMCSADLX
| Q1 26 | $0.60 | — | ||
| Q4 25 | $0.62 | $0.25 | ||
| Q3 25 | $0.90 | $0.74 | ||
| Q2 25 | $2.98 | $0.50 | ||
| Q1 25 | $0.89 | $0.31 | ||
| Q4 24 | $1.23 | $0.28 | ||
| Q3 24 | $0.94 | $0.20 | ||
| Q2 24 | $1.00 | $0.46 |
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 | $9.5B | $36.9M |
| 总债务越低越好 | $5.4B | — |
| 股东权益账面价值 | $88.3B | $680.7M |
| 总资产 | $260.0B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.06× | — |
8季度趋势，按日历期对齐
现金及短期投资CMCSADLX
| Q1 26 | $9.5B | — | ||
| Q4 25 | $9.5B | $36.9M | ||
| Q3 25 | $9.3B | $25.8M | ||
| Q2 25 | $9.7B | $26.0M | ||
| Q1 25 | $8.6B | $30.3M | ||
| Q4 24 | $7.3B | $34.4M | ||
| Q3 24 | $8.9B | $41.3M | ||
| Q2 24 | $6.2B | $23.1M |
总债务CMCSADLX
| Q1 26 | $5.4B | — | ||
| Q4 25 | $93.0B | — | ||
| Q3 25 | $93.2B | — | ||
| Q2 25 | $95.8B | — | ||
| Q1 25 | $92.3B | — | ||
| Q4 24 | $94.2B | — | ||
| Q3 24 | $98.8B | — | ||
| Q2 24 | $97.1B | — |
股东权益CMCSADLX
| Q1 26 | $88.3B | — | ||
| Q4 25 | $96.9B | $680.7M | ||
| Q3 25 | $97.1B | $664.1M | ||
| Q2 25 | $96.9B | $638.7M | ||
| Q1 25 | $86.6B | $622.5M | ||
| Q4 24 | $85.6B | $620.9M | ||
| Q3 24 | $85.8B | $612.7M | ||
| Q2 24 | $83.2B | $620.5M |
总资产CMCSADLX
| Q1 26 | $260.0B | — | ||
| Q4 25 | $272.6B | $2.9B | ||
| Q3 25 | $273.0B | $2.6B | ||
| Q2 25 | $273.9B | $2.5B | ||
| Q1 25 | $267.8B | $2.6B | ||
| Q4 24 | $266.2B | $2.8B | ||
| Q3 24 | $269.9B | $2.6B | ||
| Q2 24 | $262.6B | $2.7B |
负债/权益比CMCSADLX
| Q1 26 | 0.06× | — | ||
| Q4 25 | 0.96× | — | ||
| Q3 25 | 0.96× | — | ||
| Q2 25 | 0.99× | — | ||
| Q1 25 | 1.07× | — | ||
| Q4 24 | 1.10× | — | ||
| Q3 24 | 1.15× | — | ||
| Q2 24 | 1.17× | — |
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 | $6.9B | $102.1M |
| 自由现金流经营现金流 - 资本支出 | $3.9B | — |
| 自由现金流率自由现金流/营收 | 12.4% | — |
| 资本支出强度资本支出/营收 | 7.5% | — |
| 现金转化率经营现金流/净利润 | 3.17× | 8.53× |
| 过去12个月自由现金流最近4个季度 | $19.8B | — |
8季度趋势，按日历期对齐
经营现金流CMCSADLX
| Q1 26 | $6.9B | — | ||
| Q4 25 | $8.8B | $102.1M | ||
| Q3 25 | $8.7B | $67.1M | ||
| Q2 25 | $7.8B | $51.1M | ||
| Q1 25 | $8.3B | $50.3M | ||
| Q4 24 | $8.1B | $60.2M | ||
| Q3 24 | $7.0B | $67.9M | ||
| Q2 24 | $4.7B | $39.6M |
自由现金流CMCSADLX
| Q1 26 | $3.9B | — | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.6B | — | ||
| Q2 25 | $5.1B | $27.8M | ||
| Q1 25 | $6.0B | $24.3M | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $4.1B | $46.7M | ||
| Q2 24 | $2.0B | $11.4M |
自由现金流率CMCSADLX
| Q1 26 | 12.4% | — | ||
| Q4 25 | 15.8% | — | ||
| Q3 25 | 18.0% | — | ||
| Q2 25 | 16.9% | 5.3% | ||
| Q1 25 | 20.2% | 4.5% | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 12.8% | 8.8% | ||
| Q2 24 | 6.7% | 2.1% |
资本支出强度CMCSADLX
| Q1 26 | 7.5% | — | ||
| Q4 25 | 11.6% | — | ||
| Q3 25 | 9.8% | — | ||
| Q2 25 | 8.8% | 4.5% | ||
| Q1 25 | 7.5% | 4.8% | ||
| Q4 24 | 12.3% | — | ||
| Q3 24 | 9.1% | 4.0% | ||
| Q2 24 | 9.2% | 5.2% |
现金转化率CMCSADLX
| Q1 26 | 3.17× | — | ||
| Q4 25 | 4.08× | 8.53× | ||
| Q3 25 | 2.61× | 1.99× | ||
| Q2 25 | 0.70× | 2.28× | ||
| Q1 25 | 2.46× | 3.59× | ||
| Q4 24 | 1.69× | 4.77× | ||
| Q3 24 | 1.93× | 7.60× | ||
| Q2 24 | 1.20× | 1.94× |
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
CMCSA
| Connectivity & Platforms | $20.0B | 63% |
| Content & Experiences | $11.9B | 38% |
DLX
| Services | $247.9M | 46% |
| B2B Payments | $76.3M | 14% |
| Datadrivenmarketingsolutions | $68.5M | 13% |
| Promotional Solutions Revenue | $60.9M | 11% |
| Treasurymanagementsolutions | $59.8M | 11% |
| Other | $17.3M | 3% |
| Other Web Based Solutions | $4.6M | 1% |
