vs
柯蒂斯-莱特（CW）与OUTFRONT Media Inc.（OUT）财务数据对比。点击上方公司名可切换其他公司
柯蒂斯-莱特的季度营收约是OUTFRONT Media Inc.的1.8倍（$947.0M vs $513.3M），OUTFRONT Media Inc.净利率更高（18.9% vs 14.5%，领先4.4%），柯蒂斯-莱特同比增速更快（14.9% vs 4.1%），柯蒂斯-莱特自由现金流更多（$315.1M vs $93.3M），过去两年柯蒂斯-莱特的营收复合增速更高（15.2% vs 12.1%）
柯蒂斯-莱特公司是总部位于美国北卡罗来纳州戴维森的制造与服务提供商，在美国内外均设有工厂及业务网点。公司1929年由柯蒂斯、莱特及多家供应商合并成立，成立之初即为美国最大航空企业，二战期间为美军生产了超14.2万台航空发动机。
OUTFRONT Media Inc.是一家美国广告企业，业务覆盖美国本土，由首席执行官Nick Brien领导美洲区业务，核心经营广告牌及公共交通展示广告两大业务板块，是户外广告领域的重要参与者。
CW vs OUT — 直观对比
营收规模更大
CW
是对方的1.8倍
$513.3M
营收增速更快
CW
高出10.8%
4.1%
净利率更高
OUT
高出4.4%
14.5%
自由现金流更多
CW
多$221.8M
$93.3M
两年增速更快
CW
近两年复合增速
12.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $947.0M | $513.3M |
| 净利润 | $137.0M | $96.8M |
| 毛利率 | 37.5% | — |
| 营业利润率 | 19.2% | 26.0% |
| 净利率 | 14.5% | 18.9% |
| 营收同比 | 14.9% | 4.1% |
| 净利润同比 | 16.2% | 30.8% |
| 每股收益（稀释后） | $3.69 | $0.57 |
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CWOUT
| Q4 25 | $947.0M | $513.3M | ||
| Q3 25 | $869.2M | $467.5M | ||
| Q2 25 | $876.6M | $460.2M | ||
| Q1 25 | $805.6M | $390.7M | ||
| Q4 24 | $824.3M | $493.2M | ||
| Q3 24 | $798.9M | $451.9M | ||
| Q2 24 | $784.8M | $477.3M | ||
| Q1 24 | $713.2M | $408.5M |
净利润CWOUT
| Q4 25 | $137.0M | $96.8M | ||
| Q3 25 | $124.8M | $51.3M | ||
| Q2 25 | $121.1M | $19.5M | ||
| Q1 25 | $101.3M | $-20.6M | ||
| Q4 24 | $117.9M | $74.0M | ||
| Q3 24 | $111.2M | $34.6M | ||
| Q2 24 | $99.5M | $176.8M | ||
| Q1 24 | $76.5M | $-27.2M |
毛利率CWOUT
| Q4 25 | 37.5% | — | ||
| Q3 25 | 37.7% | — | ||
| Q2 25 | 37.2% | — | ||
| Q1 25 | 36.3% | — | ||
| Q4 24 | 38.5% | — | ||
| Q3 24 | 37.3% | — | ||
| Q2 24 | 36.2% | — | ||
| Q1 24 | 35.6% | — |
营业利润率CWOUT
| Q4 25 | 19.2% | 26.0% | ||
| Q3 25 | 19.1% | 19.2% | ||
| Q2 25 | 17.8% | 12.2% | ||
| Q1 25 | 16.0% | 3.6% | ||
| Q4 24 | 18.8% | 22.5% | ||
| Q3 24 | 18.1% | 15.8% | ||
| Q2 24 | 16.4% | 48.0% | ||
| Q1 24 | 14.0% | 3.4% |
净利率CWOUT
| Q4 25 | 14.5% | 18.9% | ||
| Q3 25 | 14.4% | 11.0% | ||
| Q2 25 | 13.8% | 4.2% | ||
| Q1 25 | 12.6% | -5.3% | ||
| Q4 24 | 14.3% | 15.0% | ||
| Q3 24 | 13.9% | 7.7% | ||
| Q2 24 | 12.7% | 37.0% | ||
| Q1 24 | 10.7% | -6.7% |
每股收益（稀释后）CWOUT
| Q4 25 | $3.69 | $0.57 | ||
| Q3 25 | $3.31 | $0.29 | ||
| Q2 25 | $3.19 | $0.10 | ||
| Q1 25 | $2.68 | $-0.14 | ||
| Q4 24 | $3.09 | $0.49 | ||
| Q3 24 | $2.89 | $0.19 | ||
| Q2 24 | $2.58 | $1.01 | ||
| Q1 24 | $1.99 | $-0.18 |
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 | — | $99.9M |
| 总债务越低越好 | $957.9M | — |
| 股东权益账面价值 | $2.5B | $710.4M |
| 总资产 | $5.2B | $5.3B |
| 负债/权益比越低杠杆越低 | 0.38× | — |
8季度趋势，按日历期对齐
现金及短期投资CWOUT
| Q4 25 | — | $99.9M | ||
| Q3 25 | — | $63.0M | ||
| Q2 25 | — | $28.5M | ||
| Q1 25 | $226.5M | $30.5M | ||
| Q4 24 | $385.0M | $46.9M | ||
| Q3 24 | — | $28.0M | ||
| Q2 24 | — | $49.6M | ||
| Q1 24 | $338.0M | $42.4M |
总债务CWOUT
| Q4 25 | $957.9M | — | ||
| Q3 25 | $968.6M | — | ||
| Q2 25 | $958.4M | — | ||
| Q1 25 | $958.6M | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.1B | — |
股东权益CWOUT
| Q4 25 | $2.5B | $710.4M | ||
| Q3 25 | $2.5B | $542.6M | ||
| Q2 25 | $2.7B | $539.1M | ||
| Q1 25 | $2.6B | $566.9M | ||
| Q4 24 | $2.4B | $649.0M | ||
| Q3 24 | $2.5B | $618.2M | ||
| Q2 24 | $2.5B | $664.9M | ||
| Q1 24 | $2.4B | $524.2M |
总资产CWOUT
| Q4 25 | $5.2B | $5.3B | ||
| Q3 25 | $5.1B | $5.2B | ||
| Q2 25 | $5.2B | $5.1B | ||
| Q1 25 | $5.0B | $5.1B | ||
| Q4 24 | $5.0B | $5.2B | ||
| Q3 24 | $4.9B | $5.2B | ||
| Q2 24 | $4.7B | $5.3B | ||
| Q1 24 | $4.6B | $5.5B |
负债/权益比CWOUT
| Q4 25 | 0.38× | — | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.37× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.43× | — | ||
| Q1 24 | 0.44× | — |
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 | $352.7M | $118.1M |
| 自由现金流经营现金流 - 资本支出 | $315.1M | $93.3M |
| 自由现金流率自由现金流/营收 | 33.3% | 18.2% |
| 资本支出强度资本支出/营收 | 4.0% | 4.8% |
| 现金转化率经营现金流/净利润 | 2.57× | 1.22× |
| 过去12个月自由现金流最近4个季度 | $553.7M | $218.8M |
8季度趋势，按日历期对齐
经营现金流CWOUT
| Q4 25 | $352.7M | $118.1M | ||
| Q3 25 | $192.8M | $88.8M | ||
| Q2 25 | $136.6M | $67.1M | ||
| Q1 25 | $-38.8M | $33.6M | ||
| Q4 24 | $301.3M | $124.5M | ||
| Q3 24 | $177.3M | $73.1M | ||
| Q2 24 | $111.3M | $71.0M | ||
| Q1 24 | $-45.6M | $30.6M |
自由现金流CWOUT
| Q4 25 | $315.1M | $93.3M | ||
| Q3 25 | $175.9M | $67.7M | ||
| Q2 25 | $117.2M | $41.4M | ||
| Q1 25 | $-54.5M | $16.4M | ||
| Q4 24 | $278.0M | $106.3M | ||
| Q3 24 | $162.7M | $55.5M | ||
| Q2 24 | $100.3M | $47.1M | ||
| Q1 24 | $-57.7M | $12.2M |
自由现金流率CWOUT
| Q4 25 | 33.3% | 18.2% | ||
| Q3 25 | 20.2% | 14.5% | ||
| Q2 25 | 13.4% | 9.0% | ||
| Q1 25 | -6.8% | 4.2% | ||
| Q4 24 | 33.7% | 21.6% | ||
| Q3 24 | 20.4% | 12.3% | ||
| Q2 24 | 12.8% | 9.9% | ||
| Q1 24 | -8.1% | 3.0% |
资本支出强度CWOUT
| Q4 25 | 4.0% | 4.8% | ||
| Q3 25 | 1.9% | 4.5% | ||
| Q2 25 | 2.2% | 5.6% | ||
| Q1 25 | 2.0% | 4.4% | ||
| Q4 24 | 2.8% | 3.7% | ||
| Q3 24 | 1.8% | 3.9% | ||
| Q2 24 | 1.4% | 5.0% | ||
| Q1 24 | 1.7% | 4.5% |
现金转化率CWOUT
| Q4 25 | 2.57× | 1.22× | ||
| Q3 25 | 1.54× | 1.73× | ||
| Q2 25 | 1.13× | 3.44× | ||
| Q1 25 | -0.38× | — | ||
| Q4 24 | 2.56× | 1.68× | ||
| Q3 24 | 1.59× | 2.11× | ||
| Q2 24 | 1.12× | 0.40× | ||
| Q1 24 | -0.60× | — |
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
CW
| Naval Power | $417.4M | 44% |
| Defense Electronics | $268.3M | 28% |
| Aerospace Industrial | $262.4M | 28% |
OUT
| Static Displays | $236.3M | 46% |
| Other | $134.8M | 26% |
| Digital Displays | $125.3M | 24% |
| Other Revenues | $1.9M | 0% |
