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洲际交易所（ICE）与Ulta Beauty（ULTA）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Ulta Beauty的1.1倍（$3.1B vs $2.9B），洲际交易所净利率更高（27.1% vs 8.1%，领先19.0%），Ulta Beauty同比增速更快（12.9% vs 3.7%），洲际交易所自由现金流更多（$1.1B vs $-81.6M），过去两年Ulta Beauty的营收复合增速更高（7.2% 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。
Ulta Beauty是美国头部美妆连锁品牌，总部位于伊利诺伊州博林布鲁克，旗下门店在售商品覆盖高低端彩妆、香水、美甲、身体护理、美发产品及美妆工具等全品类美妆个护产品，每家门店均配备对外开放的美容沙龙，为消费者提供一站式美妆消费及服务体验。
ICE vs ULTA — 直观对比
营收规模更大
ICE
是对方的1.1倍
$2.9B
营收增速更快
ULTA
高出9.2%
3.7%
净利率更高
ICE
高出19.0%
8.1%
自由现金流更多
ICE
多$1.2B
$-81.6M
两年增速更快
ULTA
近两年复合增速
5.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $2.9B |
| 净利润 | $851.0M | $230.9M |
| 毛利率 | — | 40.4% |
| 营业利润率 | 39.4% | 10.8% |
| 净利率 | 27.1% | 8.1% |
| 营收同比 | 3.7% | 12.9% |
| 净利润同比 | 21.9% | -4.7% |
| 每股收益（稀释后） | $1.49 | $5.14 |
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ICEULTA
| Q4 25 | $3.1B | $2.9B | ||
| Q3 25 | $3.0B | $2.8B | ||
| Q2 25 | $3.3B | $2.8B | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $3.0B | $2.5B | ||
| Q3 24 | $3.0B | $2.6B | ||
| Q2 24 | $2.9B | $2.7B | ||
| Q1 24 | $2.8B | $3.6B |
净利润ICEULTA
| Q4 25 | $851.0M | $230.9M | ||
| Q3 25 | $816.0M | $260.9M | ||
| Q2 25 | $851.0M | $305.1M | ||
| Q1 25 | $797.0M | — | ||
| Q4 24 | $698.0M | $242.2M | ||
| Q3 24 | $657.0M | $252.6M | ||
| Q2 24 | $632.0M | $313.1M | ||
| Q1 24 | $767.0M | $394.4M |
毛利率ICEULTA
| Q4 25 | — | 40.4% | ||
| Q3 25 | — | 39.2% | ||
| Q2 25 | — | 39.1% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 39.7% | ||
| Q3 24 | — | 38.3% | ||
| Q2 24 | — | 39.2% | ||
| Q1 24 | — | 37.7% |
营业利润率ICEULTA
| Q4 25 | 39.4% | 10.8% | ||
| Q3 25 | 39.0% | 12.4% | ||
| Q2 25 | 39.8% | 14.1% | ||
| Q1 25 | 37.8% | — | ||
| Q4 24 | 35.5% | 12.6% | ||
| Q3 24 | 36.4% | 12.9% | ||
| Q2 24 | 36.8% | 14.7% | ||
| Q1 24 | 38.0% | 14.5% |
净利率ICEULTA
| Q4 25 | 27.1% | 8.1% | ||
| Q3 25 | 27.1% | 9.4% | ||
| Q2 25 | 26.1% | 10.7% | ||
| Q1 25 | 24.7% | — | ||
| Q4 24 | 23.0% | 9.6% | ||
| Q3 24 | 21.7% | 9.9% | ||
| Q2 24 | 21.8% | 11.5% | ||
| Q1 24 | 27.4% | 11.1% |
每股收益（稀释后）ICEULTA
| Q4 25 | $1.49 | $5.14 | ||
| Q3 25 | $1.42 | $5.78 | ||
| Q2 25 | $1.48 | $6.70 | ||
| Q1 25 | $1.38 | — | ||
| Q4 24 | $1.21 | $5.14 | ||
| Q3 24 | $1.14 | $5.30 | ||
| Q2 24 | $1.10 | $6.47 | ||
| Q1 24 | $1.33 | $8.06 |
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 | $204.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $28.9B | $2.6B |
| 总资产 | $136.9B | $7.0B |
| 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ICEULTA
| Q4 25 | $837.0M | $204.9M | ||
| Q3 25 | $850.0M | $242.7M | ||
| Q2 25 | $1.0B | $454.6M | ||
| Q1 25 | $783.0M | — | ||
| Q4 24 | $844.0M | $177.8M | ||
| Q3 24 | $755.0M | $414.0M | ||
| Q2 24 | $885.0M | $524.6M | ||
| Q1 24 | $863.0M | $766.6M |
股东权益ICEULTA
| Q4 25 | $28.9B | $2.6B | ||
| Q3 25 | $28.6B | $2.6B | ||
| Q2 25 | $28.4B | $2.4B | ||
| Q1 25 | $28.0B | — | ||
| Q4 24 | $27.6B | $2.3B | ||
| Q3 24 | $27.2B | $2.3B | ||
| Q2 24 | $26.7B | $2.3B | ||
| Q1 24 | $26.2B | $2.3B |
总资产ICEULTA
| Q4 25 | $136.9B | $7.0B | ||
| Q3 25 | $140.9B | $6.6B | ||
| Q2 25 | $144.2B | $6.0B | ||
| Q1 25 | $142.9B | — | ||
| Q4 24 | $139.4B | $6.0B | ||
| Q3 24 | $135.2B | $5.7B | ||
| Q2 24 | $137.7B | $5.6B | ||
| Q1 24 | $131.4B | $5.7B |
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 | $5.6M |
| 自由现金流经营现金流 - 资本支出 | $1.1B | $-81.6M |
| 自由现金流率自由现金流/营收 | 35.3% | -2.9% |
| 资本支出强度资本支出/营收 | 5.3% | 3.1% |
| 现金转化率经营现金流/净利润 | 1.50× | 0.02× |
| 过去12个月自由现金流最近4个季度 | $4.3B | $-92.2M |
8季度趋势，按日历期对齐
经营现金流ICEULTA
| Q4 25 | $1.3B | $5.6M | ||
| Q3 25 | $915.0M | $96.5M | ||
| Q2 25 | $1.5B | $220.0M | ||
| Q1 25 | $966.0M | — | ||
| Q4 24 | $1.5B | $-56.8M | ||
| Q3 24 | $898.0M | $199.5M | ||
| Q2 24 | $1.2B | $159.3M | ||
| Q1 24 | $1.0B | $1.1B |
自由现金流ICEULTA
| Q4 25 | $1.1B | $-81.6M | ||
| Q3 25 | $853.0M | $19.6M | ||
| Q2 25 | $1.4B | $141.0M | ||
| Q1 25 | $881.0M | — | ||
| Q4 24 | $1.3B | $-171.1M | ||
| Q3 24 | $819.0M | $104.3M | ||
| Q2 24 | $1.1B | $68.3M | ||
| Q1 24 | $951.0M | $994.0M |
自由现金流率ICEULTA
| Q4 25 | 35.3% | -2.9% | ||
| Q3 25 | 28.4% | 0.7% | ||
| Q2 25 | 44.3% | 4.9% | ||
| Q1 25 | 27.3% | — | ||
| Q4 24 | 43.3% | -6.8% | ||
| Q3 24 | 27.0% | 4.1% | ||
| Q2 24 | 38.7% | 2.5% | ||
| Q1 24 | 34.0% | 28.0% |
资本支出强度ICEULTA
| Q4 25 | 5.3% | 3.1% | ||
| Q3 25 | 2.1% | 2.8% | ||
| Q2 25 | 1.8% | 2.8% | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 6.4% | 4.5% | ||
| Q3 24 | 2.6% | 3.7% | ||
| Q2 24 | 2.6% | 3.3% | ||
| Q1 24 | 2.1% | 3.5% |
现金转化率ICEULTA
| Q4 25 | 1.50× | 0.02× | ||
| Q3 25 | 1.12× | 0.37× | ||
| Q2 25 | 1.77× | 0.72× | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | 2.16× | -0.23× | ||
| Q3 24 | 1.37× | 0.79× | ||
| Q2 24 | 1.89× | 0.51× | ||
| Q1 24 | 1.32× | 2.84× |
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
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% |
ULTA
暂无分部数据
