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凯撒娱乐（CZR）与摩凡陀集团（MOV）财务数据对比。点击上方公司名可切换其他公司
凯撒娱乐的季度营收约是摩凡陀集团的15.7倍（$2.9B vs $186.1M）。摩凡陀集团净利率更高（5.1% vs -8.6%，领先13.7%）。凯撒娱乐同比增速更快（4.2% vs 1.9%）。凯撒娱乐自由现金流更多（$147.0M vs $11.6M）。过去两年凯撒娱乐的营收复合增速更高（3.1% vs 2.9%）
凯撒娱乐前身为埃尔拉多度假村公司，是总部位于美国内华达州里诺的酒店博彩娱乐集团。2020年7月20日公司收购原凯撒娱乐集团后更为现名，目前运营超过50处物业，业务覆盖酒店、博彩、休闲娱乐等多个领域。
摩凡陀集团是源自瑞士的美国奢侈钟表品牌，创始于1881年，品牌名取自世界语，原意为“律动”。摩凡陀腕表以12点钟位置标志性的金属圆点设计与极简风格著称，其中博物馆腕表更是品牌最广为人知的经典代表作。
CZR vs MOV — 直观对比
营收规模更大
CZR
是对方的15.7倍
$186.1M
营收增速更快
CZR
高出2.3%
1.9%
净利率更高
MOV
高出13.7%
-8.6%
自由现金流更多
CZR
多$135.4M
$11.6M
两年增速更快
CZR
近两年复合增速
2.9%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $186.1M |
| 净利润 | $-250.0M | $9.6M |
| 毛利率 | — | 54.3% |
| 营业利润率 | 11.4% | 6.3% |
| 净利率 | -8.6% | 5.1% |
| 营收同比 | 4.2% | 1.9% |
| 净利润同比 | -2372.7% | 89.8% |
| 每股收益（稀释后） | $-1.22 | $0.42 |
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CZRMOV
| Q4 25 | $2.9B | $186.1M | ||
| Q3 25 | $2.9B | $161.8M | ||
| Q2 25 | $2.9B | $131.8M | ||
| Q1 25 | $2.8B | $181.5M | ||
| Q4 24 | $2.8B | $180.5M | ||
| Q3 24 | $2.9B | $157.0M | ||
| Q2 24 | $2.8B | $134.4M | ||
| Q1 24 | $2.7B | $175.8M |
净利润CZRMOV
| Q4 25 | $-250.0M | $9.6M | ||
| Q3 25 | $-55.0M | $3.0M | ||
| Q2 25 | $-82.0M | $1.4M | ||
| Q1 25 | $-115.0M | $8.1M | ||
| Q4 24 | $11.0M | $4.8M | ||
| Q3 24 | $-9.0M | $3.5M | ||
| Q2 24 | $-122.0M | $2.0M | ||
| Q1 24 | $-158.0M | $9.8M |
毛利率CZRMOV
| Q4 25 | — | 54.3% | ||
| Q3 25 | — | 54.1% | ||
| Q2 25 | — | 54.1% | ||
| Q1 25 | — | 54.2% | ||
| Q4 24 | — | 53.5% | ||
| Q3 24 | — | 54.3% | ||
| Q2 24 | — | 54.3% | ||
| Q1 24 | — | 53.5% |
营业利润率CZRMOV
| Q4 25 | 11.4% | 6.3% | ||
| Q3 25 | 17.9% | 2.5% | ||
| Q2 25 | 18.1% | 0.2% | ||
| Q1 25 | 17.5% | 5.1% | ||
| Q4 24 | 23.9% | 3.3% | ||
| Q3 24 | 22.4% | 1.7% | ||
| Q2 24 | 17.9% | 1.6% | ||
| Q1 24 | 17.7% | 6.1% |
净利率CZRMOV
| Q4 25 | -8.6% | 5.1% | ||
| Q3 25 | -1.9% | 1.8% | ||
| Q2 25 | -2.8% | 1.1% | ||
| Q1 25 | -4.1% | 4.4% | ||
| Q4 24 | 0.4% | 2.7% | ||
| Q3 24 | -0.3% | 2.2% | ||
| Q2 24 | -4.3% | 1.5% | ||
| Q1 24 | -5.8% | 5.6% |
每股收益（稀释后）CZRMOV
| Q4 25 | $-1.22 | $0.42 | ||
| Q3 25 | $-0.27 | $0.13 | ||
| Q2 25 | $-0.39 | $0.06 | ||
| Q1 25 | $-0.54 | $0.36 | ||
| Q4 24 | $0.04 | $0.21 | ||
| Q3 24 | $-0.04 | $0.15 | ||
| Q2 24 | $-0.56 | $0.09 | ||
| Q1 24 | $-0.73 | $0.44 |
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 | $887.0M | $183.9M |
| 总债务越低越好 | $11.9B | — |
| 股东权益账面价值 | $3.5B | $497.5M |
| 总资产 | $31.6B | $751.9M |
| 负债/权益比越低杠杆越低 | 3.40× | — |
8季度趋势，按日历期对齐
现金及短期投资CZRMOV
| Q4 25 | $887.0M | $183.9M | ||
| Q3 25 | $836.0M | $180.5M | ||
| Q2 25 | $982.0M | $203.1M | ||
| Q1 25 | $884.0M | $208.5M | ||
| Q4 24 | $866.0M | $181.5M | ||
| Q3 24 | $802.0M | $198.3M | ||
| Q2 24 | $830.0M | $225.4M | ||
| Q1 24 | $726.0M | $262.1M |
总债务CZRMOV
| Q4 25 | $11.9B | — | ||
| Q3 25 | $11.9B | — | ||
| Q2 25 | $12.3B | — | ||
| Q1 25 | $12.3B | — | ||
| Q4 24 | $12.3B | — | ||
| Q3 24 | $12.7B | — | ||
| Q2 24 | $12.4B | — | ||
| Q1 24 | $12.4B | — |
股东权益CZRMOV
| Q4 25 | $3.5B | $497.5M | ||
| Q3 25 | $3.8B | $489.9M | ||
| Q2 25 | $3.9B | $493.2M | ||
| Q1 25 | $4.1B | $481.3M | ||
| Q4 24 | $4.2B | $491.3M | ||
| Q3 24 | $4.2B | $492.0M | ||
| Q2 24 | $4.3B | $489.6M | ||
| Q1 24 | $4.4B | $505.9M |
总资产CZRMOV
| Q4 25 | $31.6B | $751.9M | ||
| Q3 25 | $31.9B | $748.7M | ||
| Q2 25 | $32.5B | $747.2M | ||
| Q1 25 | $32.4B | $729.2M | ||
| Q4 24 | $32.6B | $747.2M | ||
| Q3 24 | $33.0B | $742.5M | ||
| Q2 24 | $33.1B | $736.0M | ||
| Q1 24 | $33.1B | $756.5M |
负债/权益比CZRMOV
| Q4 25 | 3.40× | — | ||
| Q3 25 | 3.15× | — | ||
| Q2 25 | 3.15× | — | ||
| Q1 25 | 3.04× | — | ||
| Q4 24 | 2.96× | — | ||
| Q3 24 | 3.04× | — | ||
| Q2 24 | 2.89× | — | ||
| Q1 24 | 2.82× | — |
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 | $304.0M | $12.3M |
| 自由现金流经营现金流 - 资本支出 | $147.0M | $11.6M |
| 自由现金流率自由现金流/营收 | 5.0% | 6.2% |
| 资本支出强度资本支出/营收 | 5.4% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.28× |
| 过去12个月自由现金流最近4个季度 | $497.0M | $35.3M |
8季度趋势，按日历期对齐
经营现金流CZRMOV
| Q4 25 | $304.0M | $12.3M | ||
| Q3 25 | $318.0M | $-3.8M | ||
| Q2 25 | $462.0M | $-7.2M | ||
| Q1 25 | $218.0M | $39.1M | ||
| Q4 24 | $309.0M | $-4.7M | ||
| Q3 24 | $232.0M | $-17.8M | ||
| Q2 24 | $454.0M | $-18.1M | ||
| Q1 24 | $80.0M | $69.4M |
自由现金流CZRMOV
| Q4 25 | $147.0M | $11.6M | ||
| Q3 25 | $123.0M | $-5.1M | ||
| Q2 25 | $232.0M | $-8.7M | ||
| Q1 25 | $-5.0M | $37.5M | ||
| Q4 24 | $30.0M | $-7.2M | ||
| Q3 24 | $-192.0M | $-20.1M | ||
| Q2 24 | $125.0M | $-19.7M | ||
| Q1 24 | $-184.0M | $67.8M |
自由现金流率CZRMOV
| Q4 25 | 5.0% | 6.2% | ||
| Q3 25 | 4.3% | -3.1% | ||
| Q2 25 | 8.0% | -6.6% | ||
| Q1 25 | -0.2% | 20.7% | ||
| Q4 24 | 1.1% | -4.0% | ||
| Q3 24 | -6.7% | -12.8% | ||
| Q2 24 | 4.4% | -14.7% | ||
| Q1 24 | -6.7% | 38.6% |
资本支出强度CZRMOV
| Q4 25 | 5.4% | 0.4% | ||
| Q3 25 | 6.8% | 0.8% | ||
| Q2 25 | 7.9% | 1.2% | ||
| Q1 25 | 8.0% | 0.9% | ||
| Q4 24 | 10.0% | 1.4% | ||
| Q3 24 | 14.8% | 1.5% | ||
| Q2 24 | 11.6% | 1.2% | ||
| Q1 24 | 9.6% | 0.9% |
现金转化率CZRMOV
| Q4 25 | — | 1.28× | ||
| Q3 25 | — | -1.27× | ||
| Q2 25 | — | -5.08× | ||
| Q1 25 | — | 4.86× | ||
| Q4 24 | 28.09× | -0.98× | ||
| Q3 24 | — | -5.14× | ||
| Q2 24 | — | -8.97× | ||
| Q1 24 | — | 7.06× |
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
CZR
暂无分部数据
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |
