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洲际交易所（ICE）与怪兽饮料（MNST）财务数据对比。点击上方公司名可切换其他公司
洲际交易所的季度营收约是怪兽饮料的1.5倍（$3.1B vs $2.1B），洲际交易所净利率更高（27.1% vs 21.1%，领先6.0%），怪兽饮料同比增速更快（17.6% vs 3.7%），洲际交易所自由现金流更多（$1.1B vs $351.2M），过去两年怪兽饮料的营收复合增速更高（5.9% vs 5.9%）
洲际交易所（ICE）是2000年成立的美国跨国金融服务企业，运营全球金融交易所与清算所，提供抵押技术、数据及上市服务，位列财富500强、标普500及罗素1000指数成分股，旗下拥有金融及大宗商品市场交易所，运营12家受监管的交易场所，业务覆盖美加欧等多地期货市场。
怪兽饮料是美国知名饮品企业，旗下拥有魔爪、Relentless、Reign、Burn等多款畅销能量饮料产品。公司1935年创立于美国南加州，前身为Hansen's，最初主营果汁产品，2012年正式更为现名。
ICE vs MNST — 直观对比
营收规模更大
ICE
是对方的1.5倍
$2.1B
营收增速更快
MNST
高出13.9%
3.7%
净利率更高
ICE
高出6.0%
21.1%
自由现金流更多
ICE
多$757.8M
$351.2M
两年增速更快
MNST
近两年复合增速
5.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $2.1B |
| 净利润 | $851.0M | $449.2M |
| 毛利率 | — | 55.5% |
| 营业利润率 | 39.4% | 25.5% |
| 净利率 | 27.1% | 21.1% |
| 营收同比 | 3.7% | 17.6% |
| 净利润同比 | 21.9% | 65.9% |
| 每股收益（稀释后） | $1.49 | — |
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ICEMNST
| Q4 25 | $3.1B | $2.1B | ||
| Q3 25 | $3.0B | $2.2B | ||
| Q2 25 | $3.3B | $2.1B | ||
| Q1 25 | $3.2B | $1.9B | ||
| Q4 24 | $3.0B | $1.8B | ||
| Q3 24 | $3.0B | $1.9B | ||
| Q2 24 | $2.9B | $1.9B | ||
| Q1 24 | $2.8B | $1.9B |
净利润ICEMNST
| Q4 25 | $851.0M | $449.2M | ||
| Q3 25 | $816.0M | $524.5M | ||
| Q2 25 | $851.0M | $488.8M | ||
| Q1 25 | $797.0M | $443.0M | ||
| Q4 24 | $698.0M | $270.7M | ||
| Q3 24 | $657.0M | $370.9M | ||
| Q2 24 | $632.0M | $425.4M | ||
| Q1 24 | $767.0M | $442.0M |
毛利率ICEMNST
| Q4 25 | — | 55.5% | ||
| Q3 25 | — | 55.7% | ||
| Q2 25 | — | 55.7% | ||
| Q1 25 | — | 56.5% | ||
| Q4 24 | — | 55.3% | ||
| Q3 24 | — | 53.2% | ||
| Q2 24 | — | 53.6% | ||
| Q1 24 | — | 54.1% |
营业利润率ICEMNST
| Q4 25 | 39.4% | 25.5% | ||
| Q3 25 | 39.0% | 30.7% | ||
| Q2 25 | 39.8% | 29.9% | ||
| Q1 25 | 37.8% | 30.7% | ||
| Q4 24 | 35.5% | 21.0% | ||
| Q3 24 | 36.4% | 25.5% | ||
| Q2 24 | 36.8% | 27.7% | ||
| Q1 24 | 38.0% | 28.5% |
净利率ICEMNST
| Q4 25 | 27.1% | 21.1% | ||
| Q3 25 | 27.1% | 23.9% | ||
| Q2 25 | 26.1% | 23.1% | ||
| Q1 25 | 24.7% | 23.9% | ||
| Q4 24 | 23.0% | 14.9% | ||
| Q3 24 | 21.7% | 19.7% | ||
| Q2 24 | 21.8% | 22.4% | ||
| Q1 24 | 27.4% | 23.3% |
每股收益（稀释后）ICEMNST
| Q4 25 | $1.49 | — | ||
| Q3 25 | $1.42 | — | ||
| Q2 25 | $1.48 | — | ||
| Q1 25 | $1.38 | — | ||
| Q4 24 | $1.21 | — | ||
| Q3 24 | $1.14 | — | ||
| Q2 24 | $1.10 | — | ||
| Q1 24 | $1.33 | — |
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 | $837.0M | $2.8B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $28.9B | $8.3B |
| 总资产 | $136.9B | $10.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ICEMNST
| Q4 25 | $837.0M | $2.8B | ||
| Q3 25 | $850.0M | $2.6B | ||
| Q2 25 | $1.0B | $2.1B | ||
| Q1 25 | $783.0M | $1.9B | ||
| Q4 24 | $844.0M | $1.5B | ||
| Q3 24 | $755.0M | $1.6B | ||
| Q2 24 | $885.0M | $1.6B | ||
| Q1 24 | $863.0M | $3.6B |
总债务ICEMNST
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $199.1M | ||
| Q4 24 | — | $374.0M | ||
| Q3 24 | — | $748.8M | ||
| Q2 24 | — | $748.7M | ||
| Q1 24 | — | — |
股东权益ICEMNST
| Q4 25 | $28.9B | $8.3B | ||
| Q3 25 | $28.6B | $7.7B | ||
| Q2 25 | $28.4B | $7.2B | ||
| Q1 25 | $28.0B | $6.5B | ||
| Q4 24 | $27.6B | $6.0B | ||
| Q3 24 | $27.2B | $5.8B | ||
| Q2 24 | $26.7B | $5.9B | ||
| Q1 24 | $26.2B | $8.6B |
总资产ICEMNST
| Q4 25 | $136.9B | $10.0B | ||
| Q3 25 | $140.9B | $9.6B | ||
| Q2 25 | $144.2B | $8.7B | ||
| Q1 25 | $142.9B | $8.2B | ||
| Q4 24 | $139.4B | $7.7B | ||
| Q3 24 | $135.2B | $8.1B | ||
| Q2 24 | $137.7B | $8.1B | ||
| Q1 24 | $131.4B | $10.1B |
负债/权益比ICEMNST
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 0.06× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.13× | ||
| Q1 24 | — | — |
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 | $1.3B | $379.4M |
| 自由现金流经营现金流 - 资本支出 | $1.1B | $351.2M |
| 自由现金流率自由现金流/营收 | 35.3% | 16.5% |
| 资本支出强度资本支出/营收 | 5.3% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.50× | 0.84× |
| 过去12个月自由现金流最近4个季度 | $4.3B | $2.0B |
8季度趋势，按日历期对齐
经营现金流ICEMNST
| Q4 25 | $1.3B | $379.4M | ||
| Q3 25 | $915.0M | $745.1M | ||
| Q2 25 | $1.5B | $466.0M | ||
| Q1 25 | $966.0M | $507.6M | ||
| Q4 24 | $1.5B | $461.7M | ||
| Q3 24 | $898.0M | $618.4M | ||
| Q2 24 | $1.2B | $436.3M | ||
| Q1 24 | $1.0B | $412.1M |
自由现金流ICEMNST
| Q4 25 | $1.1B | $351.2M | ||
| Q3 25 | $853.0M | $701.5M | ||
| Q2 25 | $1.4B | $434.6M | ||
| Q1 25 | $881.0M | $478.5M | ||
| Q4 24 | $1.3B | $370.4M | ||
| Q3 24 | $819.0M | $571.4M | ||
| Q2 24 | $1.1B | $376.5M | ||
| Q1 24 | $951.0M | $346.1M |
自由现金流率ICEMNST
| Q4 25 | 35.3% | 16.5% | ||
| Q3 25 | 28.4% | 31.9% | ||
| Q2 25 | 44.3% | 20.6% | ||
| Q1 25 | 27.3% | 25.8% | ||
| Q4 24 | 43.3% | 20.4% | ||
| Q3 24 | 27.0% | 30.4% | ||
| Q2 24 | 38.7% | 19.8% | ||
| Q1 24 | 34.0% | 18.2% |
资本支出强度ICEMNST
| Q4 25 | 5.3% | 1.3% | ||
| Q3 25 | 2.1% | 2.0% | ||
| Q2 25 | 1.8% | 1.5% | ||
| Q1 25 | 2.6% | 1.6% | ||
| Q4 24 | 6.4% | 5.0% | ||
| Q3 24 | 2.6% | 2.5% | ||
| Q2 24 | 2.6% | 3.1% | ||
| Q1 24 | 2.1% | 3.5% |
现金转化率ICEMNST
| Q4 25 | 1.50× | 0.84× | ||
| Q3 25 | 1.12× | 1.42× | ||
| Q2 25 | 1.77× | 0.95× | ||
| Q1 25 | 1.21× | 1.15× | ||
| Q4 24 | 2.16× | 1.71× | ||
| Q3 24 | 1.37× | 1.67× | ||
| Q2 24 | 1.89× | 1.03× | ||
| Q1 24 | 1.32× | 0.93× |
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
ICE
| Other | $1.9B | 60% |
| Fixed Income Data And Analytics | $318.0M | 10% |
| Exchange Data | $266.0M | 8% |
| Origination Technology | $188.0M | 6% |
| Financial Futures And Options | $155.0M | 5% |
| Listings | $125.0M | 4% |
| OT Cand Other Transactions | $97.0M | 3% |
| Closing Solutions | $60.0M | 2% |
| Fixed Income Execution | $29.0M | 1% |
| Product And Service Net Interest Income | $26.0M | 1% |
MNST
| Monster Energy Drinks Segment | $1.2B | 57% |
| Sales Revenue Product Line | $905.5M | 42% |
| Strategic Brands Segment | $50.3M | 2% |
| Alcohol Brands Segment | $29.0M | 1% |
