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Delek US Holdings, Inc.（DK）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Delek US Holdings, Inc.的1.7倍（$4.5B vs $2.6B），皇家加勒比集团净利率更高（21.3% vs -7.7%，领先29.0%），皇家加勒比集团同比增速更快（11.3% vs -4.9%），过去两年皇家加勒比集团的营收复合增速更高（4.1% vs -10.8%）
Delek US Holdings, Inc.成立于2001年，总部位于美国田纳西州布伦特伍德，是一家深耕炼油、物流及生物燃料领域的能源企业，业务覆盖能源产业链上下游相关环节，为市场提供稳定的能源相关产品与配套服务。
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。
DK vs RCL — 直观对比
营收规模更大
RCL
是对方的1.7倍
$2.6B
营收增速更快
RCL
高出16.3%
-4.9%
净利率更高
RCL
高出29.0%
-7.7%
两年增速更快
RCL
近两年复合增速
-10.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $4.5B |
| 净利润 | $-201.3M | $950.0M |
| 毛利率 | -5.8% | — |
| 营业利润率 | — | 26.1% |
| 净利率 | -7.7% | 21.3% |
| 营收同比 | -4.9% | 11.3% |
| 净利润同比 | — | 29.1% |
| 每股收益（稀释后） | $-3.34 | $3.48 |
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DKRCL
| Q1 26 | $2.6B | $4.5B | ||
| Q4 25 | $2.4B | $4.3B | ||
| Q3 25 | $2.9B | $5.1B | ||
| Q2 25 | $2.8B | $4.5B | ||
| Q1 25 | $2.6B | $4.0B | ||
| Q4 24 | $2.4B | $3.8B | ||
| Q3 24 | $3.0B | $4.9B | ||
| Q2 24 | $3.3B | $4.1B |
净利润DKRCL
| Q1 26 | $-201.3M | $950.0M | ||
| Q4 25 | $78.3M | $753.0M | ||
| Q3 25 | $178.0M | $1.6B | ||
| Q2 25 | $-106.4M | $1.2B | ||
| Q1 25 | $-172.7M | $730.0M | ||
| Q4 24 | $-413.8M | $552.0M | ||
| Q3 24 | $-76.8M | $1.1B | ||
| Q2 24 | $-37.2M | $854.0M |
毛利率DKRCL
| Q1 26 | -5.8% | — | ||
| Q4 25 | 9.3% | 47.4% | ||
| Q3 25 | 13.8% | 51.8% | ||
| Q2 25 | 1.9% | 49.7% | ||
| Q1 25 | -2.4% | 48.0% | ||
| Q4 24 | -5.7% | 45.4% | ||
| Q3 24 | -0.7% | 51.1% | ||
| Q2 24 | 0.5% | 47.6% |
营业利润率DKRCL
| Q1 26 | — | 26.1% | ||
| Q4 25 | 6.8% | 21.9% | ||
| Q3 25 | 10.2% | 33.1% | ||
| Q2 25 | -1.2% | 29.3% | ||
| Q1 25 | -4.8% | 23.6% | ||
| Q4 24 | -17.0% | 16.6% | ||
| Q3 24 | -4.0% | 33.4% | ||
| Q2 24 | 0.1% | 26.7% |
净利率DKRCL
| Q1 26 | -7.7% | 21.3% | ||
| Q4 25 | 3.2% | 17.7% | ||
| Q3 25 | 6.2% | 30.6% | ||
| Q2 25 | -3.8% | 26.7% | ||
| Q1 25 | -6.5% | 18.3% | ||
| Q4 24 | -17.4% | 14.7% | ||
| Q3 24 | -2.5% | 22.7% | ||
| Q2 24 | -1.1% | 20.8% |
每股收益（稀释后）DKRCL
| Q1 26 | $-3.34 | $3.48 | ||
| Q4 25 | $1.23 | $2.76 | ||
| Q3 25 | $2.93 | $5.74 | ||
| Q2 25 | $-1.76 | $4.41 | ||
| Q1 25 | $-2.78 | $2.70 | ||
| Q4 24 | $-6.48 | $2.27 | ||
| Q3 24 | $-1.20 | $4.21 | ||
| Q2 24 | $-0.58 | $3.11 |
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 | $624.1M | $512.0M |
| 总债务越低越好 | $3.2B | $21.1B |
| 股东权益账面价值 | $302.0M | $10.0B |
| 总资产 | $7.6B | $42.0B |
| 负债/权益比越低杠杆越低 | 10.54× | 2.11× |
8季度趋势，按日历期对齐
现金及短期投资DKRCL
| Q1 26 | $624.1M | $512.0M | ||
| Q4 25 | $625.8M | $825.0M | ||
| Q3 25 | $630.9M | $432.0M | ||
| Q2 25 | $615.5M | $735.0M | ||
| Q1 25 | $623.8M | $386.0M | ||
| Q4 24 | $735.6M | $388.0M | ||
| Q3 24 | $1.0B | $418.0M | ||
| Q2 24 | $657.9M | $391.0M |
总债务DKRCL
| Q1 26 | $3.2B | $21.1B | ||
| Q4 25 | $3.2B | $18.2B | ||
| Q3 25 | $3.2B | $17.2B | ||
| Q2 25 | $3.1B | $17.6B | ||
| Q1 25 | $3.0B | $18.0B | ||
| Q4 24 | $2.8B | $18.5B | ||
| Q3 24 | $2.8B | $19.0B | ||
| Q2 24 | $2.5B | $19.8B |
股东权益DKRCL
| Q1 26 | $302.0M | $10.0B | ||
| Q4 25 | $547.3M | $10.0B | ||
| Q3 25 | $444.8M | $10.1B | ||
| Q2 25 | $294.9M | $9.2B | ||
| Q1 25 | $429.4M | $8.0B | ||
| Q4 24 | $575.2M | $7.6B | ||
| Q3 24 | $875.4M | $7.0B | ||
| Q2 24 | $982.8M | $6.0B |
总资产DKRCL
| Q1 26 | $7.6B | $42.0B | ||
| Q4 25 | $6.8B | $41.6B | ||
| Q3 25 | $7.1B | $40.1B | ||
| Q2 25 | $7.1B | $38.5B | ||
| Q1 25 | $6.9B | $37.5B | ||
| Q4 24 | $6.7B | $37.1B | ||
| Q3 24 | $7.0B | $37.1B | ||
| Q2 24 | $6.9B | $37.0B |
负债/权益比DKRCL
| Q1 26 | 10.54× | 2.11× | ||
| Q4 25 | 5.91× | 1.81× | ||
| Q3 25 | 7.14× | 1.70× | ||
| Q2 25 | 10.51× | 1.92× | ||
| Q1 25 | 7.07× | 2.26× | ||
| Q4 24 | 4.81× | 2.44× | ||
| Q3 24 | 3.19× | 2.69× | ||
| Q2 24 | 2.50× | 3.29× |
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 | — | $1.8B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.93× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流DKRCL
| Q1 26 | — | $1.8B | ||
| Q4 25 | $502.8M | $1.6B | ||
| Q3 25 | $44.0M | $1.5B | ||
| Q2 25 | $51.4M | $1.7B | ||
| Q1 25 | $-62.4M | $1.6B | ||
| Q4 24 | $-163.5M | $1.5B | ||
| Q3 24 | $-21.6M | $897.0M | ||
| Q2 24 | $-48.4M | $1.6B |
自由现金流DKRCL
| Q1 26 | — | — | ||
| Q4 25 | $382.8M | $116.0M | ||
| Q3 25 | $-64.0M | $-989.0M | ||
| Q2 25 | $-114.4M | $910.0M | ||
| Q1 25 | $-198.1M | $1.2B | ||
| Q4 24 | $-354.0M | $915.0M | ||
| Q3 24 | $-140.6M | $563.0M | ||
| Q2 24 | $-128.3M | $-567.0M |
自由现金流率DKRCL
| Q1 26 | — | — | ||
| Q4 25 | 15.8% | 2.7% | ||
| Q3 25 | -2.2% | -19.2% | ||
| Q2 25 | -4.1% | 20.1% | ||
| Q1 25 | -7.5% | 30.0% | ||
| Q4 24 | -14.9% | 24.3% | ||
| Q3 24 | -4.6% | 11.5% | ||
| Q2 24 | -3.9% | -13.8% |
资本支出强度DKRCL
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 35.4% | ||
| Q3 25 | 3.7% | 47.8% | ||
| Q2 25 | 6.0% | 18.4% | ||
| Q1 25 | 5.1% | 10.7% | ||
| Q4 24 | 8.0% | 14.7% | ||
| Q3 24 | 3.9% | 6.8% | ||
| Q2 24 | 2.4% | 52.1% |
现金转化率DKRCL
| Q1 26 | — | 1.93× | ||
| Q4 25 | 6.42× | 2.16× | ||
| Q3 25 | 0.25× | 0.93× | ||
| Q2 25 | — | 1.44× | ||
| Q1 25 | — | 2.23× | ||
| Q4 24 | — | 2.66× | ||
| Q3 24 | — | 0.81× | ||
| Q2 24 | — | 1.84× |
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
DK
暂无分部数据
RCL
| Passenger ticket revenues | $3.0B | 68% |
| Onboard and other revenues | $1.4B | 32% |
