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康卡斯特（CMCSA）与纽约时报公司（NYT）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纽约时报公司的39.2倍（$31.5B vs $802.3M）。纽约时报公司净利率更高（16.2% vs 6.9%，领先9.3%）。纽约时报公司同比增速更快（10.4% vs 5.3%）。康卡斯特自由现金流更多（$3.9B vs $157.6M）。过去两年纽约时报公司的营收复合增速更高（16.2% vs 2.9%）
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。
纽约时报公司是美国知名大众传媒企业，总部位于纽约市曼哈顿的纽约时报大厦，旗下核心出版产品包括《纽约时报》及其国际版等系列刊物，同时运营多元媒体资产，在全球新闻传媒领域拥有较高知名度。
CMCSA vs NYT — 直观对比
营收规模更大
CMCSA
是对方的39.2倍
$802.3M
营收增速更快
NYT
高出5.2%
5.3%
净利率更高
NYT
高出9.3%
6.9%
自由现金流更多
CMCSA
多$3.7B
$157.6M
两年增速更快
NYT
近两年复合增速
2.9%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $31.5B | $802.3M |
| 净利润 | $2.2B | $129.8M |
| 毛利率 | — | — |
| 营业利润率 | 13.1% | 20.1% |
| 净利率 | 6.9% | 16.2% |
| 营收同比 | 5.3% | 10.4% |
| 净利润同比 | -35.6% | 4.9% |
| 每股收益（稀释后） | $0.60 | $0.79 |
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CMCSANYT
| Q1 26 | $31.5B | — | ||
| Q4 25 | $32.3B | $802.3M | ||
| Q3 25 | $31.2B | $700.8M | ||
| Q2 25 | $30.3B | $685.9M | ||
| Q1 25 | $29.9B | $635.9M | ||
| Q4 24 | $31.9B | $726.6M | ||
| Q3 24 | $32.1B | $640.2M | ||
| Q2 24 | $29.7B | $625.1M |
净利润CMCSANYT
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $129.8M | ||
| Q3 25 | $3.3B | $81.6M | ||
| Q2 25 | $11.1B | $82.9M | ||
| Q1 25 | $3.4B | $49.6M | ||
| Q4 24 | $4.8B | $123.7M | ||
| Q3 24 | $3.6B | $64.1M | ||
| Q2 24 | $3.9B | $65.5M |
营业利润率CMCSANYT
| Q1 26 | 13.1% | — | ||
| Q4 25 | 10.8% | 20.1% | ||
| Q3 25 | 17.7% | 15.0% | ||
| Q2 25 | 19.8% | 15.5% | ||
| Q1 25 | 18.9% | 9.2% | ||
| Q4 24 | 15.6% | 20.2% | ||
| Q3 24 | 18.3% | 12.0% | ||
| Q2 24 | 22.3% | 12.7% |
净利率CMCSANYT
| Q1 26 | 6.9% | — | ||
| Q4 25 | 6.7% | 16.2% | ||
| Q3 25 | 10.7% | 11.7% | ||
| Q2 25 | 36.7% | 12.1% | ||
| Q1 25 | 11.3% | 7.8% | ||
| Q4 24 | 15.0% | 17.0% | ||
| Q3 24 | 11.3% | 10.0% | ||
| Q2 24 | 13.2% | 10.5% |
每股收益（稀释后）CMCSANYT
| Q1 26 | $0.60 | — | ||
| Q4 25 | $0.62 | $0.79 | ||
| Q3 25 | $0.90 | $0.50 | ||
| Q2 25 | $2.98 | $0.50 | ||
| Q1 25 | $0.89 | $0.30 | ||
| Q4 24 | $1.23 | $0.74 | ||
| Q3 24 | $0.94 | $0.39 | ||
| Q2 24 | $1.00 | $0.40 |
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 | $642.2M |
| 总债务越低越好 | $5.4B | — |
| 股东权益账面价值 | $88.3B | $2.0B |
| 总资产 | $260.0B | $3.0B |
| 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CMCSANYT
| Q1 26 | $9.5B | — | ||
| Q4 25 | $9.5B | $642.2M | ||
| Q3 25 | $9.3B | $617.4M | ||
| Q2 25 | $9.7B | $540.2M | ||
| Q1 25 | $8.6B | $522.1M | ||
| Q4 24 | $7.3B | $565.9M | ||
| Q3 24 | $8.9B | $492.9M | ||
| Q2 24 | $6.2B | $411.4M |
总债务CMCSANYT
| 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CMCSANYT
| Q1 26 | $88.3B | — | ||
| Q4 25 | $96.9B | $2.0B | ||
| Q3 25 | $97.1B | $2.0B | ||
| Q2 25 | $96.9B | $1.9B | ||
| Q1 25 | $86.6B | $1.9B | ||
| Q4 24 | $85.6B | $1.9B | ||
| Q3 24 | $85.8B | $1.9B | ||
| Q2 24 | $83.2B | $1.8B |
总资产CMCSANYT
| Q1 26 | $260.0B | — | ||
| Q4 25 | $272.6B | $3.0B | ||
| Q3 25 | $273.0B | $2.9B | ||
| Q2 25 | $273.9B | $2.8B | ||
| Q1 25 | $267.8B | $2.7B | ||
| Q4 24 | $266.2B | $2.8B | ||
| Q3 24 | $269.9B | $2.8B | ||
| Q2 24 | $262.6B | $2.7B |
负债/权益比CMCSANYT
| 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 | $164.2M |
| 自由现金流经营现金流 - 资本支出 | $3.9B | $157.6M |
| 自由现金流率自由现金流/营收 | 12.4% | 19.6% |
| 资本支出强度资本支出/营收 | 7.5% | 0.8% |
| 现金转化率经营现金流/净利润 | 3.17× | 1.26× |
| 过去12个月自由现金流最近4个季度 | $19.8B | $550.5M |
8季度趋势，按日历期对齐
经营现金流CMCSANYT
| Q1 26 | $6.9B | — | ||
| Q4 25 | $8.8B | $164.2M | ||
| Q3 25 | $8.7B | $207.6M | ||
| Q2 25 | $7.8B | $113.6M | ||
| Q1 25 | $8.3B | $99.1M | ||
| Q4 24 | $8.1B | $151.7M | ||
| Q3 24 | $7.0B | $125.5M | ||
| Q2 24 | $4.7B | $80.2M |
自由现金流CMCSANYT
| Q1 26 | $3.9B | — | ||
| Q4 25 | $5.1B | $157.6M | ||
| Q3 25 | $5.6B | $199.7M | ||
| Q2 25 | $5.1B | $103.3M | ||
| Q1 25 | $6.0B | $89.9M | ||
| Q4 24 | $4.2B | $143.6M | ||
| Q3 24 | $4.1B | $118.4M | ||
| Q2 24 | $2.0B | $72.6M |
自由现金流率CMCSANYT
| Q1 26 | 12.4% | — | ||
| Q4 25 | 15.8% | 19.6% | ||
| Q3 25 | 18.0% | 28.5% | ||
| Q2 25 | 16.9% | 15.1% | ||
| Q1 25 | 20.2% | 14.1% | ||
| Q4 24 | 13.1% | 19.8% | ||
| Q3 24 | 12.8% | 18.5% | ||
| Q2 24 | 6.7% | 11.6% |
资本支出强度CMCSANYT
| Q1 26 | 7.5% | — | ||
| Q4 25 | 11.6% | 0.8% | ||
| Q3 25 | 9.8% | 1.1% | ||
| Q2 25 | 8.8% | 1.5% | ||
| Q1 25 | 7.5% | 1.5% | ||
| Q4 24 | 12.3% | 1.1% | ||
| Q3 24 | 9.1% | 1.1% | ||
| Q2 24 | 9.2% | 1.2% |
现金转化率CMCSANYT
| Q1 26 | 3.17× | — | ||
| Q4 25 | 4.08× | 1.26× | ||
| Q3 25 | 2.61× | 2.54× | ||
| Q2 25 | 0.70× | 1.37× | ||
| Q1 25 | 2.46× | 2.00× | ||
| Q4 24 | 1.69× | 1.23× | ||
| Q3 24 | 1.93× | 1.96× | ||
| Q2 24 | 1.20× | 1.22× |
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% |
NYT
| Subscription | $510.5M | 64% |
| Advertising | $191.7M | 24% |
| Affiliate Licensing And Other Products And Services | $100.2M | 12% |
