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赫兹（HTZ）与QVC INC（QVCD）财务数据对比。点击上方公司名可切换其他公司
QVC INC的季度营收约是赫兹的1.2倍（$2.4B vs $2.0B），QVC INC净利率更高（1.5% vs -9.6%，领先11.1%），赫兹同比增速更快（-0.6% vs -8.9%），过去两年QVC INC的营收复合增速更高（7.1% vs -1.3%）
赫兹全球控股是美国知名汽车租赁企业，总部位于佛罗里达州埃斯特罗。公司运营赫兹同名核心品牌，同时拥有Dollar、Firefly、Thrifty等多个汽车租赁子品牌，业务覆盖全球广泛市场，为客户提供多元出行租赁解决方案。
QVC集团是一家美国媒体 conglomerate，由公司董事长约翰·C·马龙控股，马龙持有该集团多数有表决权股份，业务覆盖媒体相关领域，是美国颇具影响力的传媒企业集团。
HTZ vs QVCD — 直观对比
营收规模更大
QVCD
是对方的1.2倍
$2.0B
营收增速更快
HTZ
高出8.4%
-8.9%
净利率更高
QVCD
高出11.1%
-9.6%
两年增速更快
QVCD
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.4B |
| 净利润 | $-194.0M | $37.0M |
| 毛利率 | — | 32.5% |
| 营业利润率 | -11.0% | 5.6% |
| 净利率 | -9.6% | 1.5% |
| 营收同比 | -0.6% | -8.9% |
| 净利润同比 | 59.5% | 103.0% |
| 每股收益（稀释后） | $-0.46 | — |
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HTZQVCD
| Q4 25 | $2.0B | $2.4B | ||
| Q3 25 | $2.5B | $2.0B | ||
| Q2 25 | $2.2B | $2.0B | ||
| Q1 25 | $1.8B | $1.9B | ||
| Q4 24 | $2.0B | $2.7B | ||
| Q3 24 | $2.6B | $2.1B | ||
| Q2 24 | $2.4B | $2.1B | ||
| Q1 24 | $2.1B | $2.1B |
净利润HTZQVCD
| Q4 25 | $-194.0M | $37.0M | ||
| Q3 25 | $184.0M | $2.0M | ||
| Q2 25 | $-294.0M | $-2.2B | ||
| Q1 25 | $-443.0M | $-42.0M | ||
| Q4 24 | $-479.0M | $-1.2B | ||
| Q3 24 | $-1.3B | $51.0M | ||
| Q2 24 | $-865.0M | $53.0M | ||
| Q1 24 | $-186.0M | $51.0M |
毛利率HTZQVCD
| Q4 25 | — | 32.5% | ||
| Q3 25 | — | 33.6% | ||
| Q2 25 | — | 35.4% | ||
| Q1 25 | — | 33.3% | ||
| Q4 24 | — | 32.6% | ||
| Q3 24 | — | 34.7% | ||
| Q2 24 | — | 35.6% | ||
| Q1 24 | — | 35.0% |
营业利润率HTZQVCD
| Q4 25 | -11.0% | 5.6% | ||
| Q3 25 | 9.4% | 4.6% | ||
| Q2 25 | -14.5% | -114.5% | ||
| Q1 25 | -29.0% | 1.5% | ||
| Q4 24 | -27.6% | -47.1% | ||
| Q3 24 | -62.9% | 7.8% | ||
| Q2 24 | -20.1% | 7.6% | ||
| Q1 24 | -27.9% | 7.4% |
净利率HTZQVCD
| Q4 25 | -9.6% | 1.5% | ||
| Q3 25 | 7.4% | 0.1% | ||
| Q2 25 | -13.5% | -109.1% | ||
| Q1 25 | -24.4% | -2.2% | ||
| Q4 24 | -23.5% | -46.0% | ||
| Q3 24 | -51.7% | 2.4% | ||
| Q2 24 | -36.8% | 2.5% | ||
| Q1 24 | -8.9% | 2.4% |
每股收益（稀释后）HTZQVCD
| Q4 25 | $-0.46 | — | ||
| Q3 25 | $0.42 | — | ||
| Q2 25 | $-0.95 | — | ||
| Q1 25 | $-1.44 | — | ||
| Q4 24 | $-1.57 | — | ||
| Q3 24 | $-4.34 | — | ||
| Q2 24 | $-2.82 | — | ||
| Q1 24 | $-0.61 | — |
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 | $565.0M | $1.5B |
| 总债务越低越好 | — | $1.0M |
| 股东权益账面价值 | $-459.0M | $1.2B |
| 总资产 | $22.3B | $8.5B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资HTZQVCD
| Q4 25 | $565.0M | $1.5B | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $503.0M | — | ||
| Q1 25 | $626.0M | — | ||
| Q4 24 | $592.0M | $297.0M | ||
| Q3 24 | $501.0M | $297.0M | ||
| Q2 24 | $568.0M | $315.0M | ||
| Q1 24 | $465.0M | $311.0M |
总债务HTZQVCD
| Q4 25 | — | $1.0M | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | — | $3.7B | ||
| Q1 24 | — | $3.8B |
股东权益HTZQVCD
| Q4 25 | $-459.0M | $1.2B | ||
| Q3 25 | $-317.0M | $1.2B | ||
| Q2 25 | $-504.0M | $1.2B | ||
| Q1 25 | $-262.0M | $3.3B | ||
| Q4 24 | $153.0M | $3.3B | ||
| Q3 24 | $681.0M | $4.6B | ||
| Q2 24 | $2.0B | $4.3B | ||
| Q1 24 | $2.8B | $4.2B |
总资产HTZQVCD
| Q4 25 | $22.3B | $8.5B | ||
| Q3 25 | $23.0B | $8.3B | ||
| Q2 25 | $23.1B | $7.4B | ||
| Q1 25 | $22.0B | $9.7B | ||
| Q4 24 | $21.8B | $9.9B | ||
| Q3 24 | $23.0B | $9.9B | ||
| Q2 24 | $25.2B | $11.2B | ||
| Q1 24 | $24.3B | $11.4B |
负债/权益比HTZQVCD
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 4.30× | ||
| Q2 25 | — | 3.42× | ||
| Q1 25 | — | 1.22× | ||
| Q4 24 | — | 1.01× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | — | 0.87× | ||
| Q1 24 | — | 0.89× |
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 | $193.0M | $245.0M |
| 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 | — | 6.62× |
| 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HTZQVCD
| Q4 25 | $193.0M | $245.0M | ||
| Q3 25 | $835.0M | $76.0M | ||
| Q2 25 | $346.0M | $52.0M | ||
| Q1 25 | $251.0M | $46.0M | ||
| Q4 24 | $414.0M | $189.0M | ||
| Q3 24 | $894.0M | $98.0M | ||
| Q2 24 | $546.0M | $164.0M | ||
| Q1 24 | $370.0M | $84.0M |
现金转化率HTZQVCD
| Q4 25 | — | 6.62× | ||
| Q3 25 | 4.54× | 38.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.92× | ||
| Q2 24 | — | 3.09× | ||
| Q1 24 | — | 1.65× |
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
HTZ
暂无分部数据
QVCD
| Home | $754.0M | 31% |
| QVC International | $661.0M | 27% |
| Beauty | $260.0M | 11% |
| Apparel | $254.0M | 10% |
| Electronics | $187.0M | 8% |
| Accessories | $181.0M | 7% |
| Jewelry | $87.0M | 4% |
| Otherrevenue | $38.0M | 2% |
