vs
Cintas（CTAS）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Cintas的1.5倍（$4.3B vs $2.8B），Cintas净利率更高（17.7% vs 17.7%，领先0.0%），皇家加勒比集团同比增速更快（13.3% vs 9.3%），Cintas自由现金流更多（$425.0M vs $116.0M），过去两年Cintas的营收复合增速更高（7.9% vs 6.9%）
美国Cintas公司总部位于俄亥俄州梅森市，面向各类企业客户提供制服、地垫、拖把、清洁及卫浴用品、急救安全产品、灭火器检测服务、安全培训课程等多元产品及服务，在纳斯达克全球精选市场上市，股票代码CTAS，是标普500指数成分股。
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。
CTAS vs RCL — 直观对比
营收规模更大
RCL
是对方的1.5倍
$2.8B
营收增速更快
RCL
高出4.0%
9.3%
净利率更高
CTAS
高出0.0%
17.7%
自由现金流更多
CTAS
多$309.0M
$116.0M
两年增速更快
CTAS
近两年复合增速
6.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $4.3B |
| 净利润 | $495.3M | $753.0M |
| 毛利率 | 50.4% | 47.4% |
| 营业利润率 | 23.4% | 21.9% |
| 净利率 | 17.7% | 17.7% |
| 营收同比 | 9.3% | 13.3% |
| 净利润同比 | 10.4% | 36.4% |
| 每股收益（稀释后） | $1.21 | $2.76 |
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CTASRCL
| Q4 25 | $2.8B | $4.3B | ||
| Q3 25 | $2.7B | $5.1B | ||
| Q2 25 | $2.7B | $4.5B | ||
| Q1 25 | $2.6B | $4.0B | ||
| Q4 24 | $2.6B | $3.8B | ||
| Q3 24 | $2.5B | $4.9B | ||
| Q2 24 | $2.5B | $4.1B | ||
| Q1 24 | $2.4B | $3.7B |
净利润CTASRCL
| Q4 25 | $495.3M | $753.0M | ||
| Q3 25 | $491.1M | $1.6B | ||
| Q2 25 | $448.3M | $1.2B | ||
| Q1 25 | $463.5M | $730.0M | ||
| Q4 24 | $448.5M | $552.0M | ||
| Q3 24 | $452.0M | $1.1B | ||
| Q2 24 | $414.3M | $854.0M | ||
| Q1 24 | $397.6M | $360.0M |
毛利率CTASRCL
| Q4 25 | 50.4% | 47.4% | ||
| Q3 25 | 50.3% | 51.8% | ||
| Q2 25 | 49.7% | 49.7% | ||
| Q1 25 | 50.6% | 48.0% | ||
| Q4 24 | 49.8% | 45.4% | ||
| Q3 24 | 50.1% | 51.1% | ||
| Q2 24 | — | 47.6% | ||
| Q1 24 | — | 44.8% |
营业利润率CTASRCL
| Q4 25 | 23.4% | 21.9% | ||
| Q3 25 | 22.7% | 33.1% | ||
| Q2 25 | 22.4% | 29.3% | ||
| Q1 25 | 23.4% | 23.6% | ||
| Q4 24 | 23.1% | 16.6% | ||
| Q3 24 | 22.4% | 33.4% | ||
| Q2 24 | 22.2% | 26.7% | ||
| Q1 24 | 21.6% | 20.1% |
净利率CTASRCL
| Q4 25 | 17.7% | 17.7% | ||
| Q3 25 | 18.1% | 30.6% | ||
| Q2 25 | 16.8% | 26.7% | ||
| Q1 25 | 17.8% | 18.3% | ||
| Q4 24 | 17.5% | 14.7% | ||
| Q3 24 | 18.1% | 22.7% | ||
| Q2 24 | 16.8% | 20.8% | ||
| Q1 24 | 16.5% | 9.7% |
每股收益（稀释后）CTASRCL
| Q4 25 | $1.21 | $2.76 | ||
| Q3 25 | $1.20 | $5.74 | ||
| Q2 25 | $1.08 | $4.41 | ||
| Q1 25 | $1.13 | $2.70 | ||
| Q4 24 | $1.09 | $2.27 | ||
| Q3 24 | $1.10 | $4.21 | ||
| Q2 24 | $4.00 | $3.11 | ||
| Q1 24 | $3.84 | $1.35 |
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 | $200.8M | $825.0M |
| 总债务越低越好 | $2.4B | $18.2B |
| 股东权益账面价值 | $4.5B | $10.0B |
| 总资产 | $10.1B | $41.6B |
| 负债/权益比越低杠杆越低 | 0.54× | 1.81× |
8季度趋势，按日历期对齐
现金及短期投资CTASRCL
| Q4 25 | $200.8M | $825.0M | ||
| Q3 25 | $138.1M | $432.0M | ||
| Q2 25 | $264.0M | $735.0M | ||
| Q1 25 | $243.4M | $386.0M | ||
| Q4 24 | $122.4M | $388.0M | ||
| Q3 24 | $101.4M | $418.0M | ||
| Q2 24 | $342.0M | $391.0M | ||
| Q1 24 | $128.5M | $437.0M |
总债务CTASRCL
| Q4 25 | $2.4B | $18.2B | ||
| Q3 25 | $2.4B | $17.2B | ||
| Q2 25 | $2.4B | $17.6B | ||
| Q1 25 | $2.0B | $18.0B | ||
| Q4 24 | $2.0B | $18.5B | ||
| Q3 24 | $2.0B | $19.0B | ||
| Q2 24 | $2.0B | $19.8B | ||
| Q1 24 | $2.5B | $18.9B |
股东权益CTASRCL
| Q4 25 | $4.5B | $10.0B | ||
| Q3 25 | $4.8B | $10.1B | ||
| Q2 25 | $4.7B | $9.2B | ||
| Q1 25 | $4.6B | $8.0B | ||
| Q4 24 | $4.3B | $7.6B | ||
| Q3 24 | $4.0B | $7.0B | ||
| Q2 24 | $4.3B | $6.0B | ||
| Q1 24 | $4.2B | $5.2B |
总资产CTASRCL
| Q4 25 | $10.1B | $41.6B | ||
| Q3 25 | $9.8B | $40.1B | ||
| Q2 25 | $9.8B | $38.5B | ||
| Q1 25 | $9.6B | $37.5B | ||
| Q4 24 | $9.4B | $37.1B | ||
| Q3 24 | $9.1B | $37.1B | ||
| Q2 24 | $9.2B | $37.0B | ||
| Q1 24 | $9.0B | $35.2B |
负债/权益比CTASRCL
| Q4 25 | 0.54× | 1.81× | ||
| Q3 25 | 0.51× | 1.70× | ||
| Q2 25 | 0.52× | 1.92× | ||
| Q1 25 | 0.44× | 2.26× | ||
| Q4 24 | 0.47× | 2.44× | ||
| Q3 24 | 0.50× | 2.69× | ||
| Q2 24 | 0.47× | 3.29× | ||
| Q1 24 | 0.58× | 3.66× |
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 | $531.2M | $1.6B |
| 自由现金流经营现金流 - 资本支出 | $425.0M | $116.0M |
| 自由现金流率自由现金流/营收 | 15.2% | 2.7% |
| 资本支出强度资本支出/营收 | 3.8% | 35.4% |
| 现金转化率经营现金流/净利润 | 1.07× | 2.16× |
| 过去12个月自由现金流最近4个季度 | $1.8B | $1.2B |
8季度趋势，按日历期对齐
经营现金流CTASRCL
| Q4 25 | $531.2M | $1.6B | ||
| Q3 25 | $414.5M | $1.5B | ||
| Q2 25 | $635.7M | $1.7B | ||
| Q1 25 | $622.0M | $1.6B | ||
| Q4 24 | $441.4M | $1.5B | ||
| Q3 24 | $466.7M | $897.0M | ||
| Q2 24 | $693.0M | $1.6B | ||
| Q1 24 | $657.1M | $1.3B |
自由现金流CTASRCL
| Q4 25 | $425.0M | $116.0M | ||
| Q3 25 | $312.5M | $-989.0M | ||
| Q2 25 | $521.1M | $910.0M | ||
| Q1 25 | $522.1M | $1.2B | ||
| Q4 24 | $340.0M | $915.0M | ||
| Q3 24 | $373.8M | $563.0M | ||
| Q2 24 | $591.1M | $-567.0M | ||
| Q1 24 | $550.1M | $1.1B |
自由现金流率CTASRCL
| Q4 25 | 15.2% | 2.7% | ||
| Q3 25 | 11.5% | -19.2% | ||
| Q2 25 | 19.5% | 20.1% | ||
| Q1 25 | 20.0% | 30.0% | ||
| Q4 24 | 13.3% | 24.3% | ||
| Q3 24 | 14.9% | 11.5% | ||
| Q2 24 | 23.9% | -13.8% | ||
| Q1 24 | 22.9% | 29.1% |
资本支出强度CTASRCL
| Q4 25 | 3.8% | 35.4% | ||
| Q3 25 | 3.8% | 47.8% | ||
| Q2 25 | 4.3% | 18.4% | ||
| Q1 25 | 3.8% | 10.7% | ||
| Q4 24 | 4.0% | 14.7% | ||
| Q3 24 | 3.7% | 6.8% | ||
| Q2 24 | 4.1% | 52.1% | ||
| Q1 24 | 4.4% | 6.5% |
现金转化率CTASRCL
| Q4 25 | 1.07× | 2.16× | ||
| Q3 25 | 0.84× | 0.93× | ||
| Q2 25 | 1.42× | 1.44× | ||
| Q1 25 | 1.34× | 2.23× | ||
| Q4 24 | 0.98× | 2.66× | ||
| Q3 24 | 1.03× | 0.81× | ||
| Q2 24 | 1.67× | 1.84× | ||
| Q1 24 | 1.65× | 3.69× |
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
CTAS
| Uniform Rental And Facility Services Segment | $2.2B | 77% |
| First Aid And Safety Services Segment | $342.2M | 12% |
| Fire Protection Services | $222.5M | 8% |
| Uniform Direct Sales | $79.8M | 3% |
RCL
| Passenger | $2.9B | 69% |
| Other | $1.3B | 31% |
