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康卡斯特（CMCSA）与Quad/Graphics, Inc.（QUAD）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Quad/Graphics, Inc.的49.9倍（$31.5B vs $630.6M）。康卡斯特同比增速更快（5.3% vs -11.0%）。康卡斯特自由现金流更多（$3.9B vs $137.2M）。过去两年康卡斯特的营收复合增速更高（2.9% vs -1.9%）
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。
奎德图形是一家总部位于美国威斯康星州萨塞克斯的营销服务企业，主营各类印刷与营销服务，业务覆盖受众定向、全渠道媒体策划投放、创意内容制作、零售展示包装、邮件优化及消费者分析等领域，可同时服务实体与数字媒体渠道。2025年，该企业位列美国大型广告集团、北美大型商业印刷企业之列。
CMCSA vs QUAD — 直观对比
营收规模更大
CMCSA
是对方的49.9倍
$630.6M
营收增速更快
CMCSA
高出16.2%
-11.0%
自由现金流更多
CMCSA
多$3.8B
$137.2M
两年增速更快
CMCSA
近两年复合增速
-1.9%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $31.5B | $630.6M |
| 净利润 | $2.2B | — |
| 毛利率 | — | 21.6% |
| 营业利润率 | 13.1% | 5.9% |
| 净利率 | 6.9% | — |
| 营收同比 | 5.3% | -11.0% |
| 净利润同比 | -35.6% | — |
| 每股收益（稀释后） | $0.60 | $0.22 |
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CMCSAQUAD
| Q1 26 | $31.5B | — | ||
| Q4 25 | $32.3B | $630.6M | ||
| Q3 25 | $31.2B | $588.0M | ||
| Q2 25 | $30.3B | $571.9M | ||
| Q1 25 | $29.9B | $629.4M | ||
| Q4 24 | $31.9B | $708.4M | ||
| Q3 24 | $32.1B | $674.8M | ||
| Q2 24 | $29.7B | $634.2M |
净利润CMCSAQUAD
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $3.3B | $10.2M | ||
| Q2 25 | $11.1B | $-100.0K | ||
| Q1 25 | $3.4B | $5.8M | ||
| Q4 24 | $4.8B | — | ||
| Q3 24 | $3.6B | $-24.7M | ||
| Q2 24 | $3.9B | $-2.8M |
毛利率CMCSAQUAD
| Q1 26 | — | — | ||
| Q4 25 | — | 21.6% | ||
| Q3 25 | — | 22.8% | ||
| Q2 25 | — | 21.6% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 22.4% | ||
| Q3 24 | — | 21.8% | ||
| Q2 24 | — | 22.1% |
营业利润率CMCSAQUAD
| Q1 26 | 13.1% | — | ||
| Q4 25 | 10.8% | 5.9% | ||
| Q3 25 | 17.7% | 4.5% | ||
| Q2 25 | 19.8% | 2.4% | ||
| Q1 25 | 18.9% | 3.1% | ||
| Q4 24 | 15.6% | 2.8% | ||
| Q3 24 | 18.3% | -0.7% | ||
| Q2 24 | 22.3% | 2.4% |
净利率CMCSAQUAD
| Q1 26 | 6.9% | — | ||
| Q4 25 | 6.7% | — | ||
| Q3 25 | 10.7% | 1.7% | ||
| Q2 25 | 36.7% | -0.0% | ||
| Q1 25 | 11.3% | 0.9% | ||
| Q4 24 | 15.0% | — | ||
| Q3 24 | 11.3% | -3.7% | ||
| Q2 24 | 13.2% | -0.4% |
每股收益（稀释后）CMCSAQUAD
| Q1 26 | $0.60 | — | ||
| Q4 25 | $0.62 | $0.22 | ||
| Q3 25 | $0.90 | $0.21 | ||
| Q2 25 | $2.98 | $0.00 | ||
| Q1 25 | $0.89 | $0.11 | ||
| Q4 24 | $1.23 | $0.11 | ||
| Q3 24 | $0.94 | $-0.52 | ||
| Q2 24 | $1.00 | $-0.06 |
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 | $63.3M |
| 总债务越低越好 | $5.4B | $369.9M |
| 股东权益账面价值 | $88.3B | $-59.5M |
| 总资产 | $260.0B | $1.3B |
| 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CMCSAQUAD
| Q1 26 | $9.5B | — | ||
| Q4 25 | $9.5B | $63.3M | ||
| Q3 25 | $9.3B | $6.2M | ||
| Q2 25 | $9.7B | $6.7M | ||
| Q1 25 | $8.6B | $8.1M | ||
| Q4 24 | $7.3B | $29.2M | ||
| Q3 24 | $8.9B | $12.5M | ||
| Q2 24 | $6.2B | $12.8M |
总债务CMCSAQUAD
| Q1 26 | $5.4B | — | ||
| Q4 25 | $93.0B | $369.9M | ||
| Q3 25 | $93.2B | — | ||
| Q2 25 | $95.8B | — | ||
| Q1 25 | $92.3B | — | ||
| Q4 24 | $94.2B | $377.1M | ||
| Q3 24 | $98.8B | — | ||
| Q2 24 | $97.1B | — |
股东权益CMCSAQUAD
| Q1 26 | $88.3B | — | ||
| Q4 25 | $96.9B | $-59.5M | ||
| Q3 25 | $97.1B | $96.7M | ||
| Q2 25 | $96.9B | $87.0M | ||
| Q1 25 | $86.6B | $87.4M | ||
| Q4 24 | $85.6B | $-131.2M | ||
| Q3 24 | $85.8B | $50.9M | ||
| Q2 24 | $83.2B | $79.1M |
总资产CMCSAQUAD
| Q1 26 | $260.0B | — | ||
| Q4 25 | $272.6B | $1.3B | ||
| Q3 25 | $273.0B | $1.3B | ||
| Q2 25 | $273.9B | $1.2B | ||
| Q1 25 | $267.8B | $1.2B | ||
| Q4 24 | $266.2B | $1.3B | ||
| Q3 24 | $269.9B | $1.4B | ||
| Q2 24 | $262.6B | $1.4B |
负债/权益比CMCSAQUAD
| 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 | $145.9M |
| 自由现金流经营现金流 - 资本支出 | $3.9B | $137.2M |
| 自由现金流率自由现金流/营收 | 12.4% | 21.8% |
| 资本支出强度资本支出/营收 | 7.5% | 1.4% |
| 现金转化率经营现金流/净利润 | 3.17× | — |
| 过去12个月自由现金流最近4个季度 | $19.8B | $50.7M |
8季度趋势，按日历期对齐
经营现金流CMCSAQUAD
| Q1 26 | $6.9B | — | ||
| Q4 25 | $8.8B | $145.9M | ||
| Q3 25 | $8.7B | $-8.4M | ||
| Q2 25 | $7.8B | $47.4M | ||
| Q1 25 | $8.3B | $-89.0M | ||
| Q4 24 | $8.1B | $158.8M | ||
| Q3 24 | $7.0B | $2.4M | ||
| Q2 24 | $4.7B | $3.9M |
自由现金流CMCSAQUAD
| Q1 26 | $3.9B | — | ||
| Q4 25 | $5.1B | $137.2M | ||
| Q3 25 | $5.6B | $-20.6M | ||
| Q2 25 | $5.1B | $34.4M | ||
| Q1 25 | $6.0B | $-100.3M | ||
| Q4 24 | $4.2B | $147.3M | ||
| Q3 24 | $4.1B | $-9.8M | ||
| Q2 24 | $2.0B | $-11.7M |
自由现金流率CMCSAQUAD
| Q1 26 | 12.4% | — | ||
| Q4 25 | 15.8% | 21.8% | ||
| Q3 25 | 18.0% | -3.5% | ||
| Q2 25 | 16.9% | 6.0% | ||
| Q1 25 | 20.2% | -15.9% | ||
| Q4 24 | 13.1% | 20.8% | ||
| Q3 24 | 12.8% | -1.5% | ||
| Q2 24 | 6.7% | -1.8% |
资本支出强度CMCSAQUAD
| Q1 26 | 7.5% | — | ||
| Q4 25 | 11.6% | 1.4% | ||
| Q3 25 | 9.8% | 2.1% | ||
| Q2 25 | 8.8% | 2.3% | ||
| Q1 25 | 7.5% | 1.8% | ||
| Q4 24 | 12.3% | 1.6% | ||
| Q3 24 | 9.1% | 1.8% | ||
| Q2 24 | 9.2% | 2.5% |
现金转化率CMCSAQUAD
| Q1 26 | 3.17× | — | ||
| Q4 25 | 4.08× | — | ||
| Q3 25 | 2.61× | -0.82× | ||
| Q2 25 | 0.70× | — | ||
| Q1 25 | 2.46× | -15.34× | ||
| Q4 24 | 1.69× | — | ||
| Q3 24 | 1.93× | — | ||
| Q2 24 | 1.20× | — |
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% |
QUAD
| Catalog Publications Retail Inserts Books And Directories | $300.6M | 48% |
| Direct Mail And Other Printed Products | $147.1M | 23% |
| Imaging Marketing Services And Other Services | $79.8M | 13% |
| Logistic Services | $61.4M | 10% |
| Other | $39.3M | 6% |
| Other Revenues | $2.4M | 0% |
