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福克斯集团（FOXA）与Meta Platforms（META）财务数据对比。点击上方公司名可切换其他公司
Meta Platforms的季度营收约是福克斯集团的11.6倍（$59.9B vs $5.2B）。Meta Platforms净利率更高（38.0% vs 4.8%，领先33.2%）。Meta Platforms同比增速更快（23.8% vs 2.0%）。Meta Platforms自由现金流更多（$14.8B vs $-791.0M）。过去两年Meta Platforms的营收复合增速更高（28.2% vs 22.6%）
福克斯集团是美国跨国大众传媒企业，总部位于纽约曼哈顿中城美洲大道1211号，在加州伯班克也设有办公点。公司以威廉·福克斯命名，在特拉华州注册，2019年3月19日从21世纪福克斯分拆而来，承接后者的电视广播、新闻及体育业务，由拉克兰·默多克通过家族信托持有36%投票权实现控股。
Meta Platforms是总部位于美国加利福尼亚州门洛帕克的跨国科技巨头，属于全球头部科技企业阵营。旗下运营Facebook、Instagram、WhatsApp、Messenger、Threads等多款知名社交媒体及通讯服务，同时开展自有及第三方站点广告业务，2023年广告收入占其总营收的97.8%。
FOXA vs META — 直观对比
营收规模更大
META
是对方的11.6倍
$5.2B
营收增速更快
META
高出21.7%
2.0%
净利率更高
META
高出33.2%
4.8%
自由现金流更多
META
多$15.6B
$-791.0M
两年增速更快
META
近两年复合增速
22.6%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $59.9B |
| 净利润 | $247.0M | $22.8B |
| 毛利率 | — | 81.8% |
| 营业利润率 | 6.2% | 41.3% |
| 净利率 | 4.8% | 38.0% |
| 营收同比 | 2.0% | 23.8% |
| 净利润同比 | -36.3% | 9.3% |
| 每股收益（稀释后） | $0.52 | $8.87 |
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FOXAMETA
| Q4 25 | $5.2B | $59.9B | ||
| Q3 25 | $3.7B | $51.2B | ||
| Q2 25 | $3.3B | $47.5B | ||
| Q1 25 | $4.4B | $42.3B | ||
| Q4 24 | $5.1B | $48.4B | ||
| Q3 24 | $3.6B | $40.6B | ||
| Q2 24 | $3.1B | $39.1B | ||
| Q1 24 | $3.4B | $36.5B |
净利润FOXAMETA
| Q4 25 | $247.0M | $22.8B | ||
| Q3 25 | $609.0M | $2.7B | ||
| Q2 25 | $719.0M | $18.3B | ||
| Q1 25 | $354.0M | $16.6B | ||
| Q4 24 | $388.0M | $20.8B | ||
| Q3 24 | $832.0M | $15.7B | ||
| Q2 24 | $320.0M | $13.5B | ||
| Q1 24 | $704.0M | $12.4B |
毛利率FOXAMETA
| Q4 25 | — | 81.8% | ||
| Q3 25 | — | 82.0% | ||
| Q2 25 | — | 82.1% | ||
| Q1 25 | — | 82.1% | ||
| Q4 24 | — | 81.7% | ||
| Q3 24 | — | 81.8% | ||
| Q2 24 | — | 81.3% | ||
| Q1 24 | — | 81.8% |
营业利润率FOXAMETA
| Q4 25 | 6.2% | 41.3% | ||
| Q3 25 | 21.4% | 40.1% | ||
| Q2 25 | 29.2% | 43.0% | ||
| Q1 25 | 10.8% | 41.5% | ||
| Q4 24 | 10.1% | 48.3% | ||
| Q3 24 | 31.2% | 42.7% | ||
| Q2 24 | 14.6% | 38.0% | ||
| Q1 24 | 27.9% | 37.9% |
净利率FOXAMETA
| Q4 25 | 4.8% | 38.0% | ||
| Q3 25 | 16.3% | 5.3% | ||
| Q2 25 | 21.9% | 38.6% | ||
| Q1 25 | 8.1% | 39.3% | ||
| Q4 24 | 7.6% | 43.1% | ||
| Q3 24 | 23.3% | 38.7% | ||
| Q2 24 | 10.3% | 34.5% | ||
| Q1 24 | 20.4% | 33.9% |
每股收益（稀释后）FOXAMETA
| Q4 25 | $0.52 | $8.87 | ||
| Q3 25 | $1.32 | $1.05 | ||
| Q2 25 | $1.57 | $7.14 | ||
| Q1 25 | $0.75 | $6.43 | ||
| Q4 24 | $0.81 | $7.96 | ||
| Q3 24 | $1.78 | $6.03 | ||
| Q2 24 | $0.68 | $5.16 | ||
| Q1 24 | $1.40 | $4.71 |
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 | — | $81.6B |
| 总债务越低越好 | — | $58.7B |
| 股东权益账面价值 | $10.9B | $217.2B |
| 总资产 | $21.5B | $366.0B |
| 负债/权益比越低杠杆越低 | — | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资FOXAMETA
| Q4 25 | — | $81.6B | ||
| Q3 25 | — | $44.4B | ||
| Q2 25 | — | $47.1B | ||
| Q1 25 | — | $70.2B | ||
| Q4 24 | — | $77.8B | ||
| Q3 24 | — | $70.9B | ||
| Q2 24 | — | $58.1B | ||
| Q1 24 | — | $58.1B |
总债务FOXAMETA
| Q4 25 | — | $58.7B | ||
| Q3 25 | $6.6B | — | ||
| Q2 25 | $6.6B | — | ||
| Q1 25 | $7.2B | — | ||
| Q4 24 | $7.2B | $28.8B | ||
| Q3 24 | $7.2B | $28.8B | ||
| Q2 24 | $7.2B | — | ||
| Q1 24 | $7.2B | — |
股东权益FOXAMETA
| Q4 25 | $10.9B | $217.2B | ||
| Q3 25 | $12.2B | $194.1B | ||
| Q2 25 | $12.0B | $195.1B | ||
| Q1 25 | $11.5B | $185.0B | ||
| Q4 24 | $11.5B | $182.6B | ||
| Q3 24 | $11.3B | $164.5B | ||
| Q2 24 | $10.7B | $156.8B | ||
| Q1 24 | $10.6B | $149.5B |
总资产FOXAMETA
| Q4 25 | $21.5B | $366.0B | ||
| Q3 25 | $22.8B | $303.8B | ||
| Q2 25 | $23.2B | $294.7B | ||
| Q1 25 | $23.4B | $280.2B | ||
| Q4 24 | $23.0B | $276.1B | ||
| Q3 24 | $22.5B | $256.4B | ||
| Q2 24 | $22.0B | $230.2B | ||
| Q1 24 | $21.7B | $222.8B |
负债/权益比FOXAMETA
| Q4 25 | — | 0.27× | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.63× | 0.16× | ||
| Q3 24 | 0.64× | 0.18× | ||
| Q2 24 | 0.67× | — | ||
| Q1 24 | 0.68× | — |
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 | $-669.0M | $36.2B |
| 自由现金流经营现金流 - 资本支出 | $-791.0M | $14.8B |
| 自由现金流率自由现金流/营收 | -15.3% | 24.8% |
| 资本支出强度资本支出/营收 | 2.4% | 35.7% |
| 现金转化率经营现金流/净利润 | -2.71× | 1.59× |
| 过去12个月自由现金流最近4个季度 | $2.3B | $46.1B |
8季度趋势，按日历期对齐
经营现金流FOXAMETA
| Q4 25 | $-669.0M | $36.2B | ||
| Q3 25 | $-130.0M | $30.0B | ||
| Q2 25 | $1.5B | $25.6B | ||
| Q1 25 | $2.0B | $24.0B | ||
| Q4 24 | $-362.0M | $28.0B | ||
| Q3 24 | $158.0M | $24.7B | ||
| Q2 24 | $899.0M | $19.4B | ||
| Q1 24 | $1.5B | $19.2B |
自由现金流FOXAMETA
| Q4 25 | $-791.0M | $14.8B | ||
| Q3 25 | $-234.0M | $11.2B | ||
| Q2 25 | $1.4B | $9.0B | ||
| Q1 25 | $1.9B | $11.1B | ||
| Q4 24 | $-436.0M | $13.6B | ||
| Q3 24 | $94.0M | $16.5B | ||
| Q2 24 | $787.0M | $11.2B | ||
| Q1 24 | $1.4B | $12.8B |
自由现金流率FOXAMETA
| Q4 25 | -15.3% | 24.8% | ||
| Q3 25 | -6.3% | 21.8% | ||
| Q2 25 | 42.4% | 19.0% | ||
| Q1 25 | 44.4% | 26.2% | ||
| Q4 24 | -8.6% | 28.0% | ||
| Q3 24 | 2.6% | 40.6% | ||
| Q2 24 | 25.5% | 28.7% | ||
| Q1 24 | 40.4% | 35.2% |
资本支出强度FOXAMETA
| Q4 25 | 2.4% | 35.7% | ||
| Q3 25 | 2.8% | 36.7% | ||
| Q2 25 | 3.6% | 34.8% | ||
| Q1 25 | 1.7% | 30.6% | ||
| Q4 24 | 1.5% | 29.8% | ||
| Q3 24 | 1.8% | 20.3% | ||
| Q2 24 | 3.6% | 20.9% | ||
| Q1 24 | 2.4% | 17.6% |
现金转化率FOXAMETA
| Q4 25 | -2.71× | 1.59× | ||
| Q3 25 | -0.21× | 11.07× | ||
| Q2 25 | 2.10× | 1.39× | ||
| Q1 25 | 5.69× | 1.44× | ||
| Q4 24 | -0.93× | 1.34× | ||
| Q3 24 | 0.19× | 1.58× | ||
| Q2 24 | 2.81× | 1.44× | ||
| Q1 24 | 2.10× | 1.56× |
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
FOXA
| Television Segment | $2.9B | 57% |
| Distribution | $1.2B | 22% |
| Other | $621.0M | 12% |
| Advertising | $491.0M | 9% |
META
| Advertising | $58.1B | 97% |
| Reality Labs | $955.0M | 2% |
| Service Other | $801.0M | 1% |
