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Equinix（EQIX）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Equinix的1.8倍（$4.3B vs $2.4B），皇家加勒比集团净利率更高（17.7% vs 11.0%，领先6.7%），皇家加勒比集团同比增速更快（13.3% vs 8.8%），过去两年皇家加勒比集团的营收复合增速更高（6.9% vs 5.9%）
Equinix是总部位于美国加利福尼亚州雷德伍德城的跨国企业，主营互联网连接服务与数据中心托管业务，旗下数据中心此前常被业内称为“运营商酒店”，2015年1月公司正式转型为房地产投资信托基金（REIT）。
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。
EQIX vs RCL — 直观对比
营收规模更大
RCL
是对方的1.8倍
$2.4B
营收增速更快
RCL
高出4.5%
8.8%
净利率更高
RCL
高出6.7%
11.0%
两年增速更快
RCL
近两年复合增速
5.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $4.3B |
| 净利润 | $265.0M | $753.0M |
| 毛利率 | 50.5% | 47.4% |
| 营业利润率 | 17.4% | 21.9% |
| 净利率 | 11.0% | 17.7% |
| 营收同比 | 8.8% | 13.3% |
| 净利润同比 | -22.7% | 36.4% |
| 每股收益（稀释后） | $2.70 | $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EQIXRCL
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | $4.3B | ||
| Q3 25 | $2.3B | $5.1B | ||
| Q2 25 | $2.3B | $4.5B | ||
| Q1 25 | $2.2B | $4.0B | ||
| Q4 24 | $2.3B | $3.8B | ||
| Q3 24 | $2.2B | $4.9B | ||
| Q2 24 | $2.2B | $4.1B |
净利润EQIXRCL
| Q1 26 | $265.0M | — | ||
| Q4 25 | $265.0M | $753.0M | ||
| Q3 25 | $374.0M | $1.6B | ||
| Q2 25 | $368.0M | $1.2B | ||
| Q1 25 | $343.0M | $730.0M | ||
| Q4 24 | $-14.0M | $552.0M | ||
| Q3 24 | $297.0M | $1.1B | ||
| Q2 24 | $301.0M | $854.0M |
毛利率EQIXRCL
| Q1 26 | 50.5% | — | ||
| Q4 25 | 50.5% | 47.4% | ||
| Q3 25 | 50.7% | 51.8% | ||
| Q2 25 | 52.0% | 49.7% | ||
| Q1 25 | 51.3% | 48.0% | ||
| Q4 24 | 47.1% | 45.4% | ||
| Q3 24 | 50.1% | 51.1% | ||
| Q2 24 | 49.9% | 47.6% |
营业利润率EQIXRCL
| Q1 26 | 17.4% | — | ||
| Q4 25 | 17.4% | 21.9% | ||
| Q3 25 | 20.5% | 33.1% | ||
| Q2 25 | 21.9% | 29.3% | ||
| Q1 25 | 20.6% | 23.6% | ||
| Q4 24 | 4.6% | 16.6% | ||
| Q3 24 | 19.3% | 33.4% | ||
| Q2 24 | 20.2% | 26.7% |
净利率EQIXRCL
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.0% | 17.7% | ||
| Q3 25 | 16.1% | 30.6% | ||
| Q2 25 | 16.3% | 26.7% | ||
| Q1 25 | 15.4% | 18.3% | ||
| Q4 24 | -0.6% | 14.7% | ||
| Q3 24 | 13.5% | 22.7% | ||
| Q2 24 | 13.9% | 20.8% |
每股收益（稀释后）EQIXRCL
| Q1 26 | $2.70 | — | ||
| Q4 25 | $2.70 | $2.76 | ||
| Q3 25 | $3.81 | $5.74 | ||
| Q2 25 | $3.75 | $4.41 | ||
| Q1 25 | $3.50 | $2.70 | ||
| Q4 24 | $-0.19 | $2.27 | ||
| Q3 24 | $3.10 | $4.21 | ||
| Q2 24 | $3.16 | $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 | $3.2B | $825.0M |
| 总债务越低越好 | — | $18.2B |
| 股东权益账面价值 | $14.2B | $10.0B |
| 总资产 | $40.1B | $41.6B |
| 负债/权益比越低杠杆越低 | — | 1.81× |
8季度趋势，按日历期对齐
现金及短期投资EQIXRCL
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $825.0M | ||
| Q3 25 | $2.9B | $432.0M | ||
| Q2 25 | $4.5B | $735.0M | ||
| Q1 25 | $3.7B | $386.0M | ||
| Q4 24 | $3.6B | $388.0M | ||
| Q3 24 | $3.2B | $418.0M | ||
| Q2 24 | $2.0B | $391.0M |
总债务EQIXRCL
| Q1 26 | — | — | ||
| Q4 25 | — | $18.2B | ||
| Q3 25 | $17.3B | $17.2B | ||
| Q2 25 | $18.1B | $17.6B | ||
| Q1 25 | $15.9B | $18.0B | ||
| Q4 24 | $15.3B | $18.5B | ||
| Q3 24 | $15.4B | $19.0B | ||
| Q2 24 | $14.5B | $19.8B |
股东权益EQIXRCL
| Q1 26 | $14.2B | — | ||
| Q4 25 | $14.2B | $10.0B | ||
| Q3 25 | $14.2B | $10.1B | ||
| Q2 25 | $14.1B | $9.2B | ||
| Q1 25 | $13.9B | $8.0B | ||
| Q4 24 | $13.5B | $7.6B | ||
| Q3 24 | $13.6B | $7.0B | ||
| Q2 24 | $12.3B | $6.0B |
总资产EQIXRCL
| Q1 26 | $40.1B | — | ||
| Q4 25 | $40.1B | $41.6B | ||
| Q3 25 | $38.1B | $40.1B | ||
| Q2 25 | $38.8B | $38.5B | ||
| Q1 25 | $36.1B | $37.5B | ||
| Q4 24 | $35.1B | $37.1B | ||
| Q3 24 | $35.4B | $37.1B | ||
| Q2 24 | $32.9B | $37.0B |
负债/权益比EQIXRCL
| Q1 26 | — | — | ||
| Q4 25 | — | 1.81× | ||
| Q3 25 | 1.22× | 1.70× | ||
| Q2 25 | 1.28× | 1.92× | ||
| Q1 25 | 1.14× | 2.26× | ||
| Q4 24 | 1.13× | 2.44× | ||
| Q3 24 | 1.13× | 2.69× | ||
| Q2 24 | 1.18× | 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 | — | $1.6B |
| 自由现金流经营现金流 - 资本支出 | — | $116.0M |
| 自由现金流率自由现金流/营收 | — | 2.7% |
| 资本支出强度资本支出/营收 | — | 35.4% |
| 现金转化率经营现金流/净利润 | — | 2.16× |
| 过去12个月自由现金流最近4个季度 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流EQIXRCL
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $1.6B | ||
| Q3 25 | $1.0B | $1.5B | ||
| Q2 25 | $944.0M | $1.7B | ||
| Q1 25 | $809.0M | $1.6B | ||
| Q4 24 | $981.0M | $1.5B | ||
| Q3 24 | $758.0M | $897.0M | ||
| Q2 24 | $912.0M | $1.6B |
自由现金流EQIXRCL
| Q1 26 | — | — | ||
| Q4 25 | $-292.0M | $116.0M | ||
| Q3 25 | $-122.0M | $-989.0M | ||
| Q2 25 | $-45.0M | $910.0M | ||
| Q1 25 | $59.0M | $1.2B | ||
| Q4 24 | $-6.0M | $915.0M | ||
| Q3 24 | $34.0M | $563.0M | ||
| Q2 24 | $264.0M | $-567.0M |
自由现金流率EQIXRCL
| Q1 26 | — | — | ||
| Q4 25 | -12.1% | 2.7% | ||
| Q3 25 | -5.3% | -19.2% | ||
| Q2 25 | -2.0% | 20.1% | ||
| Q1 25 | 2.7% | 30.0% | ||
| Q4 24 | -0.3% | 24.3% | ||
| Q3 24 | 1.5% | 11.5% | ||
| Q2 24 | 12.2% | -13.8% |
资本支出强度EQIXRCL
| Q1 26 | — | — | ||
| Q4 25 | 59.3% | 35.4% | ||
| Q3 25 | 49.1% | 47.8% | ||
| Q2 25 | 43.8% | 18.4% | ||
| Q1 25 | 33.7% | 10.7% | ||
| Q4 24 | 43.7% | 14.7% | ||
| Q3 24 | 32.9% | 6.8% | ||
| Q2 24 | 30.0% | 52.1% |
现金转化率EQIXRCL
| Q1 26 | — | — | ||
| Q4 25 | 4.32× | 2.16× | ||
| Q3 25 | 2.71× | 0.93× | ||
| Q2 25 | 2.57× | 1.44× | ||
| Q1 25 | 2.36× | 2.23× | ||
| Q4 24 | — | 2.66× | ||
| Q3 24 | 2.55× | 0.81× | ||
| Q2 24 | 3.03× | 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
EQIX
暂无分部数据
RCL
| Passenger | $2.9B | 69% |
| Other | $1.3B | 31% |
