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iHeartMedia, Inc.（IHRT）与TKO Group Holdings（TKO）财务数据对比。点击上方公司名可切换其他公司
iHeartMedia, Inc.的季度营收约是TKO Group Holdings的1.1倍（$1.1B vs $1.0B），TKO Group Holdings净利率更高（-0.2% vs -3.7%，领先3.5%），TKO Group Holdings同比增速更快（61.6% vs 0.8%），过去两年TKO Group Holdings的营收复合增速更高（28.4% vs 18.8%）
iHeartMedia是一家总部位于美国德克萨斯州圣安东尼奥的大众传媒企业，前身为清晰频道通信公司，1972年由劳里·梅斯与雷德·麦库姆斯创立，2008年由贝恩资本和托马斯·李合作伙伴公司通过杠杆收购完成私有化，目前是美国知名的传媒控股集团。
TKO Group Holdings是美国体育及体育娱乐上市企业，成立于2023年9月12日，由奋进集团（Endeavor）子公司、终极格斗冠军赛（UFC）母公司Zuffa与职业摔跤品牌世界摔角娱乐（WWE）合并组建，主营综合格斗、职业摔跤赛事运营及相关娱乐内容业务。
IHRT vs TKO — 直观对比
营收规模更大
IHRT
是对方的1.1倍
$1.0B
营收增速更快
TKO
高出60.8%
0.8%
净利率更高
TKO
高出3.5%
-3.7%
两年增速更快
TKO
近两年复合增速
18.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.0B |
| 净利润 | $-41.9M | $-2.4M |
| 毛利率 | — | — |
| 营业利润率 | 7.6% | 5.5% |
| 净利率 | -3.7% | -0.2% |
| 营收同比 | 0.8% | 61.6% |
| 净利润同比 | -233.1% | -107.7% |
| 每股收益（稀释后） | $-0.25 | $-0.07 |
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IHRTTKO
| Q4 25 | $1.1B | $1.0B | ||
| Q3 25 | $997.0M | $1.1B | ||
| Q2 25 | $933.7M | $1.3B | ||
| Q1 25 | $807.1M | $1.3B | ||
| Q4 24 | $1.1B | $642.2M | ||
| Q3 24 | $1.0B | $681.3M | ||
| Q2 24 | $929.1M | $851.2M | ||
| Q1 24 | $799.0M | $629.7M |
净利润IHRTTKO
| Q4 25 | $-41.9M | $-2.4M | ||
| Q3 25 | $-66.3M | $41.0M | ||
| Q2 25 | $-83.5M | $98.4M | ||
| Q1 25 | $-281.2M | $58.4M | ||
| Q4 24 | $31.5M | $31.0M | ||
| Q3 24 | $-41.3M | $23.1M | ||
| Q2 24 | $-981.7M | $59.1M | ||
| Q1 24 | $-18.5M | $-103.8M |
营业利润率IHRTTKO
| Q4 25 | 7.6% | 5.5% | ||
| Q3 25 | -11.7% | 15.4% | ||
| Q2 25 | 3.8% | 28.1% | ||
| Q1 25 | -3.2% | 18.7% | ||
| Q4 24 | 9.3% | 15.9% | ||
| Q3 24 | 7.6% | 20.0% | ||
| Q2 24 | -97.9% | 30.0% | ||
| Q1 24 | -4.3% | -33.4% |
净利率IHRTTKO
| Q4 25 | -3.7% | -0.2% | ||
| Q3 25 | -6.6% | 3.7% | ||
| Q2 25 | -8.9% | 7.5% | ||
| Q1 25 | -34.8% | 4.6% | ||
| Q4 24 | 2.8% | 4.8% | ||
| Q3 24 | -4.1% | 3.4% | ||
| Q2 24 | -105.7% | 6.9% | ||
| Q1 24 | -2.3% | -16.5% |
每股收益（稀释后）IHRTTKO
| Q4 25 | $-0.25 | $-0.07 | ||
| Q3 25 | $-0.43 | $0.47 | ||
| Q2 25 | $-0.54 | $1.17 | ||
| Q1 25 | $-1.84 | $0.69 | ||
| Q4 24 | $0.21 | $0.28 | ||
| Q3 24 | $-0.27 | $0.28 | ||
| Q2 24 | $-6.50 | $0.72 | ||
| Q1 24 | $-0.12 | $-1.26 |
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 | $270.9M | $831.1M |
| 总债务越低越好 | $5.1B | $3.8B |
| 股东权益账面价值 | $-1.8B | $3.7B |
| 总资产 | $5.1B | $15.5B |
| 负债/权益比越低杠杆越低 | — | 1.01× |
8季度趋势，按日历期对齐
现金及短期投资IHRTTKO
| Q4 25 | $270.9M | $831.1M | ||
| Q3 25 | $192.2M | $861.4M | ||
| Q2 25 | $235.9M | $535.1M | ||
| Q1 25 | $167.7M | $470.9M | ||
| Q4 24 | $259.6M | $525.6M | ||
| Q3 24 | $431.8M | $457.4M | ||
| Q2 24 | $364.7M | $277.5M | ||
| Q1 24 | $361.4M | $245.8M |
总债务IHRTTKO
| Q4 25 | $5.1B | $3.8B | ||
| Q3 25 | $5.1B | $3.7B | ||
| Q2 25 | $5.1B | $2.7B | ||
| Q1 25 | $5.1B | $2.8B | ||
| Q4 24 | $5.1B | $2.8B | ||
| Q3 24 | $5.2B | $2.7B | ||
| Q2 24 | $5.2B | $2.7B | ||
| Q1 24 | $5.1B | $2.7B |
股东权益IHRTTKO
| Q4 25 | $-1.8B | $3.7B | ||
| Q3 25 | $-1.8B | $3.8B | ||
| Q2 25 | $-1.7B | $4.3B | ||
| Q1 25 | $-1.6B | $4.2B | ||
| Q4 24 | $-1.4B | $4.1B | ||
| Q3 24 | $-1.4B | $4.0B | ||
| Q2 24 | $-1.4B | $4.0B | ||
| Q1 24 | $-398.6M | $4.0B |
总资产IHRTTKO
| Q4 25 | $5.1B | $15.5B | ||
| Q3 25 | $5.1B | $15.5B | ||
| Q2 25 | $5.4B | $15.3B | ||
| Q1 25 | $5.3B | $15.0B | ||
| Q4 24 | $5.6B | $12.7B | ||
| Q3 24 | $5.8B | $12.8B | ||
| Q2 24 | $5.8B | $12.7B | ||
| Q1 24 | $6.8B | $12.7B |
负债/权益比IHRTTKO
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | 0.98× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | 0.67× | ||
| Q2 24 | — | 0.68× | ||
| 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 | $156.3M | $309.9M |
| 自由现金流经营现金流 - 资本支出 | $137.6M | — |
| 自由现金流率自由现金流/营收 | 12.2% | — |
| 资本支出强度资本支出/营收 | 1.7% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $10.9M | — |
8季度趋势，按日历期对齐
经营现金流IHRTTKO
| Q4 25 | $156.3M | $309.9M | ||
| Q3 25 | $-9.5M | $416.8M | ||
| Q2 25 | $6.8M | $396.2M | ||
| Q1 25 | $-60.9M | $162.8M | ||
| Q4 24 | $1.2M | $56.8M | ||
| Q3 24 | $102.8M | $236.5M | ||
| Q2 24 | $26.7M | $230.7M | ||
| Q1 24 | $-59.3M | $59.3M |
自由现金流IHRTTKO
| Q4 25 | $137.6M | — | ||
| Q3 25 | $-32.8M | — | ||
| Q2 25 | $-13.2M | — | ||
| Q1 25 | $-80.7M | — | ||
| Q4 24 | $-24.2M | — | ||
| Q3 24 | $73.3M | — | ||
| Q2 24 | $5.6M | — | ||
| Q1 24 | $-80.9M | — |
自由现金流率IHRTTKO
| Q4 25 | 12.2% | — | ||
| Q3 25 | -3.3% | — | ||
| Q2 25 | -1.4% | — | ||
| Q1 25 | -10.0% | — | ||
| Q4 24 | -2.2% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 0.6% | — | ||
| Q1 24 | -10.1% | — |
资本支出强度IHRTTKO
| Q4 25 | 1.7% | — | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 2.9% | — | ||
| Q2 24 | 2.3% | — | ||
| Q1 24 | 2.7% | — |
现金转化率IHRTTKO
| Q4 25 | — | — | ||
| Q3 25 | — | 10.16× | ||
| Q2 25 | — | 4.03× | ||
| Q1 25 | — | 2.79× | ||
| Q4 24 | 0.04× | 1.83× | ||
| Q3 24 | — | 10.22× | ||
| Q2 24 | — | 3.90× | ||
| Q1 24 | — | — |
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
IHRT
| Broadcast Radio | $469.9M | 42% |
| Digital Non Podcast | $212.9M | 19% |
| Tradeand Barter Transactions | $124.4M | 11% |
| Networks | $118.2M | 10% |
| Audio And Media Services Group Segment | $78.9M | 7% |
| Sponsorship And Events | $71.4M | 6% |
| Advertising Trade And Barter Transactions | $23.7M | 2% |
| Other | $22.7M | 2% |
TKO
| World Wrestling Entertainment Segment | $359.6M | 35% |
| IMG Segment | $247.6M | 24% |
| Media Rights Production And Content | $222.6M | 21% |
| Partnerships And Marketing | $93.3M | 9% |
| Live Events And Hospitality | $72.2M | 7% |
| Other | $29.4M | 3% |
| Consumer Products Licensing And Other | $13.2M | 1% |
