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Circle Internet Group, Inc.（CRCL）与Sally Beauty Holdings, Inc.（SBH）财务数据对比。点击上方公司名可切换其他公司
Sally Beauty Holdings, Inc.的季度营收约是Circle Internet Group, Inc.的1.3倍（$943.2M vs $739.8M），Circle Internet Group, Inc.净利率更高（29.0% vs 4.8%，领先24.2%），Circle Internet Group, Inc.同比增速更快（5113.5% vs 0.6%），Sally Beauty Holdings, Inc.自由现金流更多（$57.5M vs $-14.7M）
Circle是2013年由杰里米·阿莱尔与肖恩·内维尔联合创立的支付科技企业，目前总部位于美国纽约，核心业务覆盖稳定币发行，推出了锚定美元的USDC、锚定欧元的EURC两款稳定币，同时还发行有代币化货币市场基金产品USYC。
莎莉美容控股是美国的跨国专业美妆用品零售及分销商，主营专业级美容相关产品供应，年营收超39亿美元，业务覆盖全球多个市场，在专业美容供应链领域拥有较高的行业知名度。
CRCL vs SBH — 直观对比
营收规模更大
SBH
是对方的1.3倍
$739.8M
营收增速更快
CRCL
高出5113.0%
0.6%
净利率更高
CRCL
高出24.2%
4.8%
自由现金流更多
SBH
多$72.2M
$-14.7M
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $739.8M | $943.2M |
| 净利润 | $214.4M | $45.6M |
| 毛利率 | — | 51.2% |
| 营业利润率 | 11.0% | 8.1% |
| 净利率 | 29.0% | 4.8% |
| 营收同比 | 5113.5% | 0.6% |
| 净利润同比 | 202.0% | -25.3% |
| 每股收益（稀释后） | $0.64 | $0.45 |
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CRCLSBH
| Q4 25 | — | $943.2M | ||
| Q3 25 | $739.8M | $947.1M | ||
| Q2 25 | $658.1M | $933.3M | ||
| Q1 25 | — | $883.1M | ||
| Q4 24 | — | $937.9M | ||
| Q3 24 | — | $935.0M | ||
| Q2 24 | $6.8M | $942.3M | ||
| Q1 24 | — | $908.4M |
净利润CRCLSBH
| Q4 25 | — | $45.6M | ||
| Q3 25 | $214.4M | $49.9M | ||
| Q2 25 | $-482.1M | $45.7M | ||
| Q1 25 | — | $39.2M | ||
| Q4 24 | — | $61.0M | ||
| Q3 24 | — | $48.1M | ||
| Q2 24 | $32.9M | $37.7M | ||
| Q1 24 | — | $29.2M |
毛利率CRCLSBH
| Q4 25 | — | 51.2% | ||
| Q3 25 | — | 52.2% | ||
| Q2 25 | — | 51.5% | ||
| Q1 25 | — | 52.0% | ||
| Q4 24 | — | 50.8% | ||
| Q3 24 | — | 51.2% | ||
| Q2 24 | — | 51.0% | ||
| Q1 24 | — | 51.0% |
营业利润率CRCLSBH
| Q4 25 | — | 8.1% | ||
| Q3 25 | 11.0% | 8.4% | ||
| Q2 25 | -49.5% | 8.4% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | — | 8.8% | ||
| Q2 24 | — | 7.6% | ||
| Q1 24 | — | 6.6% |
净利率CRCLSBH
| Q4 25 | — | 4.8% | ||
| Q3 25 | 29.0% | 5.3% | ||
| Q2 25 | -73.3% | 4.9% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 5.1% | ||
| Q2 24 | 486.5% | 4.0% | ||
| Q1 24 | — | 3.2% |
每股收益（稀释后）CRCLSBH
| Q4 25 | — | $0.45 | ||
| Q3 25 | $0.64 | $0.49 | ||
| Q2 25 | $-4.48 | $0.44 | ||
| Q1 25 | — | $0.38 | ||
| Q4 24 | — | $0.58 | ||
| Q3 24 | — | $0.45 | ||
| Q2 24 | $0.00 | $0.36 | ||
| Q1 24 | — | $0.27 |
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 | $1.3B | $157.2M |
| 总债务越低越好 | — | $842.5M |
| 股东权益账面价值 | $3.0B | $823.6M |
| 总资产 | $76.8B | $2.9B |
| 负债/权益比越低杠杆越低 | — | 1.02× |
8季度趋势，按日历期对齐
现金及短期投资CRCLSBH
| Q4 25 | — | $157.2M | ||
| Q3 25 | $1.3B | $149.2M | ||
| Q2 25 | $1.1B | $112.8M | ||
| Q1 25 | — | $92.2M | ||
| Q4 24 | — | $105.5M | ||
| Q3 24 | — | $108.0M | ||
| Q2 24 | $457.5M | $97.4M | ||
| Q1 24 | — | $97.2M |
总债务CRCLSBH
| Q4 25 | — | $842.5M | ||
| Q3 25 | — | $862.0M | ||
| Q2 25 | — | $882.4M | ||
| Q1 25 | — | $902.8M | ||
| Q4 24 | — | $938.1M | ||
| Q3 24 | — | $978.3M | ||
| Q2 24 | — | $978.9M | ||
| Q1 24 | — | $978.4M |
股东权益CRCLSBH
| Q4 25 | — | $823.6M | ||
| Q3 25 | $3.0B | $794.2M | ||
| Q2 25 | $2.4B | $762.9M | ||
| Q1 25 | — | $699.8M | ||
| Q4 24 | — | $656.5M | ||
| Q3 24 | — | $628.5M | ||
| Q2 24 | $460.9M | $577.7M | ||
| Q1 24 | — | $550.9M |
总资产CRCLSBH
| Q4 25 | — | $2.9B | ||
| Q3 25 | $76.8B | $2.9B | ||
| Q2 25 | $64.2B | $2.7B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.7B | ||
| Q1 24 | — | $2.7B |
负债/权益比CRCLSBH
| Q4 25 | — | 1.02× | ||
| Q3 25 | — | 1.09× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | — | 1.29× | ||
| Q4 24 | — | 1.43× | ||
| Q3 24 | — | 1.56× | ||
| Q2 24 | — | 1.69× | ||
| Q1 24 | — | 1.78× |
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 | $-10.7M | $93.2M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | $57.5M |
| 自由现金流率自由现金流/营收 | -2.0% | 6.1% |
| 资本支出强度资本支出/营收 | 0.5% | 3.8% |
| 现金转化率经营现金流/净利润 | -0.05× | 2.05× |
| 过去12个月自由现金流最近4个季度 | — | $216.8M |
8季度趋势，按日历期对齐
经营现金流CRCLSBH
| Q4 25 | — | $93.2M | ||
| Q3 25 | $-10.7M | $120.9M | ||
| Q2 25 | $303.7M | $69.4M | ||
| Q1 25 | — | $51.1M | ||
| Q4 24 | — | $33.5M | ||
| Q3 24 | — | $110.7M | ||
| Q2 24 | — | $47.9M | ||
| Q1 24 | — | $36.9M |
自由现金流CRCLSBH
| Q4 25 | — | $57.5M | ||
| Q3 25 | $-14.7M | $78.0M | ||
| Q2 25 | $296.3M | $49.1M | ||
| Q1 25 | — | $32.2M | ||
| Q4 24 | — | $13.4M | ||
| Q3 24 | — | $73.3M | ||
| Q2 24 | — | $28.7M | ||
| Q1 24 | — | $22.8M |
自由现金流率CRCLSBH
| Q4 25 | — | 6.1% | ||
| Q3 25 | -2.0% | 8.2% | ||
| Q2 25 | 45.0% | 5.3% | ||
| Q1 25 | — | 3.6% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 7.8% | ||
| Q2 24 | — | 3.1% | ||
| Q1 24 | — | 2.5% |
资本支出强度CRCLSBH
| Q4 25 | — | 3.8% | ||
| Q3 25 | 0.5% | 4.5% | ||
| Q2 25 | 1.1% | 2.2% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 1.6% |
现金转化率CRCLSBH
| Q4 25 | — | 2.05× | ||
| Q3 25 | -0.05× | 2.42× | ||
| Q2 25 | — | 1.52× | ||
| Q1 25 | — | 1.30× | ||
| Q4 24 | — | 0.55× | ||
| Q3 24 | — | 2.30× | ||
| Q2 24 | — | 1.27× | ||
| Q1 24 | — | 1.26× |
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
CRCL
暂无分部数据
SBH
| Sally Beauty Supply | $531.6M | 56% |
| Beauty Systems Group | $411.6M | 44% |
