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盖尔斯（GES）与NEXSTAR MEDIA GROUP, INC.（NXST）财务数据对比。点击上方公司名可切换其他公司
NEXSTAR MEDIA GROUP, INC.的季度营收约是盖尔斯的1.6倍（$1.3B vs $791.4M），盖尔斯净利率更高（3.2% vs -12.9%，领先16.1%），盖尔斯同比增速更快（7.2% vs -13.4%），NEXSTAR MEDIA GROUP, INC.自由现金流更多（$136.0M vs $-56.3M），过去两年NEXSTAR MEDIA GROUP, INC.的营收复合增速更高（0.2% vs -5.8%）
盖尔斯是美国知名服饰品牌企业，以标志性的黑白风格广告广为人知。除核心服饰产品外，品牌还通过品牌授权模式推出腕表、珠宝、香水、包袋、鞋履等各类时尚配饰，在全球时尚消费市场拥有较高知名度。
Nexstar Media Group, Inc.是美国上市传媒企业，总部设于得克萨斯州欧文、曼哈顿中城及芝加哥，1996年6月17日成立。作为美国规模最大的电视台运营商，集团在全美共拥有197家电视台，多数为美国四大广播电视网及MyNetworkTV附属台，覆盖从纽约到得州圣安杰洛等不同规模的市场。
GES vs NXST — 直观对比
营收规模更大
NXST
是对方的1.6倍
$791.4M
营收增速更快
GES
高出20.6%
-13.4%
净利率更高
GES
高出16.1%
-12.9%
自由现金流更多
NXST
多$192.3M
$-56.3M
两年增速更快
NXST
近两年复合增速
-5.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $791.4M | $1.3B |
| 净利润 | $25.6M | $-166.0M |
| 毛利率 | 42.5% | — |
| 营业利润率 | 2.9% | 18.7% |
| 净利率 | 3.2% | -12.9% |
| 营收同比 | 7.2% | -13.4% |
| 净利润同比 | 209.6% | -168.6% |
| 每股收益（稀释后） | $0.48 | $-5.57 |
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GESNXST
| Q4 25 | $791.4M | $1.3B | ||
| Q3 25 | $772.9M | $1.2B | ||
| Q2 25 | $647.8M | $1.2B | ||
| Q1 25 | $932.3M | $1.2B | ||
| Q4 24 | $738.5M | $1.5B | ||
| Q3 24 | $732.6M | $1.4B | ||
| Q2 24 | $591.9M | $1.3B | ||
| Q1 24 | $891.0M | $1.3B |
净利润GESNXST
| Q4 25 | $25.6M | $-166.0M | ||
| Q3 25 | $6.2M | $70.0M | ||
| Q2 25 | $-32.9M | $97.0M | ||
| Q1 25 | $81.4M | $108.0M | ||
| Q4 24 | $-23.4M | $242.0M | ||
| Q3 24 | $-10.6M | $187.0M | ||
| Q2 24 | $13.0M | $118.0M | ||
| Q1 24 | $115.3M | $175.0M |
毛利率GESNXST
| Q4 25 | 42.5% | — | ||
| Q3 25 | 42.5% | — | ||
| Q2 25 | 39.9% | — | ||
| Q1 25 | 44.1% | — | ||
| Q4 24 | 43.6% | — | ||
| Q3 24 | 43.7% | — | ||
| Q2 24 | 41.9% | — | ||
| Q1 24 | 45.4% | — |
营业利润率GESNXST
| Q4 25 | 2.9% | 18.7% | ||
| Q3 25 | 2.3% | 14.6% | ||
| Q2 25 | -5.1% | 17.3% | ||
| Q1 25 | 11.1% | 17.8% | ||
| Q4 24 | 5.7% | 28.1% | ||
| Q3 24 | 6.5% | 24.5% | ||
| Q2 24 | -3.4% | 18.9% | ||
| Q1 24 | 16.3% | 21.4% |
净利率GESNXST
| Q4 25 | 3.2% | -12.9% | ||
| Q3 25 | 0.8% | 5.8% | ||
| Q2 25 | -5.1% | 7.9% | ||
| Q1 25 | 8.7% | 8.8% | ||
| Q4 24 | -3.2% | 16.3% | ||
| Q3 24 | -1.4% | 13.7% | ||
| Q2 24 | 2.2% | 9.3% | ||
| Q1 24 | 12.9% | 13.6% |
每股收益（稀释后）GESNXST
| Q4 25 | $0.48 | $-5.57 | ||
| Q3 25 | $0.12 | $2.14 | ||
| Q2 25 | $-0.65 | $3.06 | ||
| Q1 25 | $1.29 | $3.37 | ||
| Q4 24 | $-0.47 | $7.44 | ||
| Q3 24 | $-0.28 | $5.27 | ||
| Q2 24 | $0.23 | $3.54 | ||
| Q1 24 | $1.90 | $5.16 |
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 | $154.2M | $280.0M |
| 总债务越低越好 | $299.5M | $6.3B |
| 股东权益账面价值 | $508.5M | $2.1B |
| 总资产 | $3.0B | $10.8B |
| 负债/权益比越低杠杆越低 | 0.59× | 3.07× |
8季度趋势，按日历期对齐
现金及短期投资GESNXST
| Q4 25 | $154.2M | $280.0M | ||
| Q3 25 | $189.6M | $236.0M | ||
| Q2 25 | $151.2M | $234.0M | ||
| Q1 25 | $187.7M | $253.0M | ||
| Q4 24 | $140.9M | $144.0M | ||
| Q3 24 | $218.9M | $181.0M | ||
| Q2 24 | $241.7M | $146.0M | ||
| Q1 24 | $360.3M | $237.0M |
总债务GESNXST
| Q4 25 | $299.5M | $6.3B | ||
| Q3 25 | $258.4M | $6.4B | ||
| Q2 25 | $241.7M | $6.4B | ||
| Q1 25 | $150.7M | $6.5B | ||
| Q4 24 | $238.3M | $6.5B | ||
| Q3 24 | $187.8M | $6.7B | ||
| Q2 24 | $196.9M | $6.8B | ||
| Q1 24 | $28.2M | $6.8B |
股东权益GESNXST
| Q4 25 | $508.5M | $2.1B | ||
| Q3 25 | $487.6M | $2.3B | ||
| Q2 25 | $483.6M | $2.3B | ||
| Q1 25 | $505.0M | $2.2B | ||
| Q4 24 | $450.7M | $2.3B | ||
| Q3 24 | $491.2M | $2.2B | ||
| Q2 24 | $565.5M | $2.3B | ||
| Q1 24 | $684.9M | $2.3B |
总资产GESNXST
| Q4 25 | $3.0B | $10.8B | ||
| Q3 25 | $3.0B | $11.2B | ||
| Q2 25 | $2.9B | $11.3B | ||
| Q1 25 | $2.8B | $11.4B | ||
| Q4 24 | $2.8B | $11.5B | ||
| Q3 24 | $2.8B | $11.7B | ||
| Q2 24 | $2.7B | $11.8B | ||
| Q1 24 | $2.6B | $11.9B |
负债/权益比GESNXST
| Q4 25 | 0.59× | 3.07× | ||
| Q3 25 | 0.53× | 2.78× | ||
| Q2 25 | 0.50× | 2.83× | ||
| Q1 25 | 0.30× | 2.89× | ||
| Q4 24 | 0.53× | 2.89× | ||
| Q3 24 | 0.38× | 3.02× | ||
| Q2 24 | 0.35× | 2.99× | ||
| Q1 24 | 0.04× | 2.93× |
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 | $-39.5M | $190.0M |
| 自由现金流经营现金流 - 资本支出 | $-56.3M | $136.0M |
| 自由现金流率自由现金流/营收 | -7.1% | 10.6% |
| 资本支出强度资本支出/营收 | 2.1% | 4.2% |
| 现金转化率经营现金流/净利润 | -1.54× | — |
| 过去12个月自由现金流最近4个季度 | $62.5M | $743.0M |
8季度趋势，按日历期对齐
经营现金流GESNXST
| Q4 25 | $-39.5M | $190.0M | ||
| Q3 25 | $74.9M | $117.0M | ||
| Q2 25 | $-73.4M | $247.0M | ||
| Q1 25 | $183.2M | $337.0M | ||
| Q4 24 | $-83.3M | $411.0M | ||
| Q3 24 | $44.7M | $387.0M | ||
| Q2 24 | $-22.9M | $176.0M | ||
| Q1 24 | $289.5M | $276.0M |
自由现金流GESNXST
| Q4 25 | $-56.3M | $136.0M | ||
| Q3 25 | $53.4M | $87.0M | ||
| Q2 25 | $-95.3M | $218.0M | ||
| Q1 25 | $160.7M | $302.0M | ||
| Q4 24 | $-105.4M | $376.0M | ||
| Q3 24 | $24.3M | $358.0M | ||
| Q2 24 | $-44.0M | $139.0M | ||
| Q1 24 | $267.8M | $232.0M |
自由现金流率GESNXST
| Q4 25 | -7.1% | 10.6% | ||
| Q3 25 | 6.9% | 7.3% | ||
| Q2 25 | -14.7% | 17.7% | ||
| Q1 25 | 17.2% | 24.5% | ||
| Q4 24 | -14.3% | 25.3% | ||
| Q3 24 | 3.3% | 26.2% | ||
| Q2 24 | -7.4% | 11.0% | ||
| Q1 24 | 30.1% | 18.1% |
资本支出强度GESNXST
| Q4 25 | 2.1% | 4.2% | ||
| Q3 25 | 2.8% | 2.5% | ||
| Q2 25 | 3.4% | 2.4% | ||
| Q1 25 | 2.4% | 2.8% | ||
| Q4 24 | 3.0% | 2.4% | ||
| Q3 24 | 2.8% | 2.1% | ||
| Q2 24 | 3.6% | 2.9% | ||
| Q1 24 | 2.4% | 3.4% |
现金转化率GESNXST
| Q4 25 | -1.54× | — | ||
| Q3 25 | 12.00× | 1.67× | ||
| Q2 25 | — | 2.55× | ||
| Q1 25 | 2.25× | 3.12× | ||
| Q4 24 | — | 1.70× | ||
| Q3 24 | — | 2.07× | ||
| Q2 24 | -1.76× | 1.49× | ||
| Q1 24 | 2.51× | 1.58× |
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
GES
| Products | $760.3M | 96% |
| Royalty | $31.1M | 4% |
NXST
| Distribution Service | $704.0M | 55% |
| Advertising | $491.0M | 38% |
| Other | $78.0M | 6% |
| Corporate | $3.0M | 0% |
