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埃培智集团（IPG）与诺唯真游轮控股（LINE）财务数据对比。点击上方公司名可切换其他公司
埃培智集团的季度营收约是诺唯真游轮控股的1.6倍（$2.1B vs $1.3B），埃培智集团净利率更高（5.8% vs -3.9%，领先9.7%），诺唯真游轮控股同比增速更快（0.4% vs -4.8%），过去两年诺唯真游轮控股的营收复合增速更高（-1.2% vs -9.1%）
埃培智集团（IPG）是总部位于美国纽约的广告营销传播集团，旗下拥有FCB、IPG盟博、麦肯世界集团、睿狮集团等五大核心业务网络，以及公关、体育营销、艺人经纪、医疗营销等领域的多家专业独立代理商，被宏盟收购前是与WPP、阳狮、宏盟齐名的全球广告行业“四大集团”之一。
诺唯真游轮控股是一家总部位于美国、注册地为百慕大的企业，旗下全资运营诺唯真游轮、大洋游轮、丽晶七海游轮三大品牌，合并业务规模位列全球游轮运营商第三位，目前在纽约证券交易所挂牌上市。
IPG vs LINE — 直观对比
营收规模更大
IPG
是对方的1.6倍
$1.3B
营收增速更快
LINE
高出5.2%
-4.8%
净利率更高
IPG
高出9.7%
-3.9%
两年增速更快
LINE
近两年复合增速
-9.1%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.3B |
| 净利润 | $124.2M | $-51.0M |
| 毛利率 | — | — |
| 营业利润率 | 10.3% | 2.8% |
| 净利率 | 5.8% | -3.9% |
| 营收同比 | -4.8% | 0.4% |
| 净利润同比 | 517.9% | — |
| 每股收益（稀释后） | $0.34 | $-0.18 |
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IPGLINE
| Q1 26 | — | $1.3B | ||
| Q3 25 | $2.1B | $1.4B | ||
| Q2 25 | $2.2B | $1.4B | ||
| Q1 25 | $2.0B | $1.3B | ||
| Q4 24 | $2.4B | $1.3B | ||
| Q3 24 | $2.2B | $1.3B | ||
| Q2 24 | $2.3B | $1.3B | ||
| Q1 24 | $2.2B | $1.3B |
净利润IPGLINE
| Q1 26 | — | $-51.0M | ||
| Q3 25 | $124.2M | $-100.0M | ||
| Q2 25 | $162.5M | $-6.0M | ||
| Q1 25 | $-85.4M | $0 | ||
| Q4 24 | $344.5M | $-71.0M | ||
| Q3 24 | $20.1M | $-485.0M | ||
| Q2 24 | $214.5M | $-68.0M | ||
| Q1 24 | $110.4M | $-40.0M |
毛利率IPGLINE
| Q1 26 | — | — | ||
| Q3 25 | — | 32.3% | ||
| Q2 25 | — | 31.9% | ||
| Q1 25 | -3.2% | 32.2% | ||
| Q4 24 | 10.1% | 32.3% | ||
| Q3 24 | 2.9% | 32.8% | ||
| Q2 24 | 1.2% | 33.4% | ||
| Q1 24 | -1.1% | 33.4% |
营业利润率IPGLINE
| Q1 26 | — | 2.8% | ||
| Q3 25 | 10.3% | 2.5% | ||
| Q2 25 | 11.2% | 1.7% | ||
| Q1 25 | -2.1% | 4.3% | ||
| Q4 24 | 23.3% | -1.6% | ||
| Q3 24 | 5.9% | -38.6% | ||
| Q2 24 | 13.7% | 5.5% | ||
| Q1 24 | 8.4% | 7.6% |
净利率IPGLINE
| Q1 26 | — | -3.9% | ||
| Q3 25 | 5.8% | -7.3% | ||
| Q2 25 | 7.5% | -0.4% | ||
| Q1 25 | -4.3% | — | ||
| Q4 24 | 14.1% | -5.3% | ||
| Q3 24 | 0.9% | -36.3% | ||
| Q2 24 | 9.2% | -5.1% | ||
| Q1 24 | 5.1% | -3.0% |
每股收益（稀释后）IPGLINE
| Q1 26 | — | $-0.18 | ||
| Q3 25 | $0.34 | $-0.44 | ||
| Q2 25 | $0.44 | $-0.03 | ||
| Q1 25 | $-0.23 | $0.01 | ||
| Q4 24 | $0.92 | $-0.52 | ||
| Q3 24 | $0.05 | $-2.44 | ||
| Q2 24 | $0.57 | $-0.46 | ||
| Q1 24 | $0.29 | $-0.28 |
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 | $1.5B | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.7B | $8.1B |
| 总资产 | $17.0B | $19.0B |
| 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IPGLINE
| Q1 26 | — | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $2.2B | $173.0M | ||
| Q3 24 | $1.5B | $409.0M | ||
| Q2 24 | $1.5B | $73.0M | ||
| Q1 24 | $1.9B | — |
股东权益IPGLINE
| Q1 26 | — | $8.1B | ||
| Q3 25 | $3.7B | $8.4B | ||
| Q2 25 | $3.7B | $8.6B | ||
| Q1 25 | $3.6B | $8.6B | ||
| Q4 24 | $3.8B | $8.6B | ||
| Q3 24 | $3.7B | $9.0B | ||
| Q2 24 | $3.8B | $4.9B | ||
| Q1 24 | $3.8B | $5.6B |
总资产IPGLINE
| Q1 26 | — | $19.0B | ||
| Q3 25 | $17.0B | $19.2B | ||
| Q2 25 | $17.0B | $19.4B | ||
| Q1 25 | $17.1B | $18.8B | ||
| Q4 24 | $18.3B | $18.7B | ||
| Q3 24 | $17.1B | $19.3B | ||
| Q2 24 | $17.0B | $18.8B | ||
| Q1 24 | $17.3B | — |
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 | $180.1M | $130.0M |
| 自由现金流经营现金流 - 资本支出 | $153.6M | — |
| 自由现金流率自由现金流/营收 | 7.2% | — |
| 资本支出强度资本支出/营收 | 1.2% | 2.4% |
| 现金转化率经营现金流/净利润 | 1.45× | — |
| 过去12个月自由现金流最近4个季度 | $806.8M | — |
8季度趋势，按日历期对齐
经营现金流IPGLINE
| Q1 26 | — | $130.0M | ||
| Q3 25 | $180.1M | $230.0M | ||
| Q2 25 | $-96.0M | $258.0M | ||
| Q1 25 | $-37.0M | $139.0M | ||
| Q4 24 | $868.1M | — | ||
| Q3 24 | $223.8M | $186.0M | ||
| Q2 24 | $120.7M | $155.0M | ||
| Q1 24 | $-157.4M | $105.0M |
自由现金流IPGLINE
| Q1 26 | — | — | ||
| Q3 25 | $153.6M | $35.0M | ||
| Q2 25 | $-121.8M | $95.0M | ||
| Q1 25 | $-58.5M | $-12.0M | ||
| Q4 24 | $833.5M | — | ||
| Q3 24 | $186.5M | $33.0M | ||
| Q2 24 | $85.9M | $-31.0M | ||
| Q1 24 | $-192.5M | $-42.0M |
自由现金流率IPGLINE
| Q1 26 | — | — | ||
| Q3 25 | 7.2% | 2.5% | ||
| Q2 25 | -5.6% | 7.0% | ||
| Q1 25 | -2.9% | -0.9% | ||
| Q4 24 | 34.2% | — | ||
| Q3 24 | 8.3% | 2.5% | ||
| Q2 24 | 3.7% | -2.3% | ||
| Q1 24 | -8.8% | -3.2% |
资本支出强度IPGLINE
| Q1 26 | — | 2.4% | ||
| Q3 25 | 1.2% | 14.2% | ||
| Q2 25 | 1.2% | 12.1% | ||
| Q1 25 | 1.1% | 11.7% | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 1.7% | 11.5% | ||
| Q2 24 | 1.5% | 13.9% | ||
| Q1 24 | 1.6% | 11.1% |
现金转化率IPGLINE
| Q1 26 | — | — | ||
| Q3 25 | 1.45× | — | ||
| Q2 25 | -0.59× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.52× | — | ||
| Q3 24 | 11.13× | — | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | -1.43× | — |
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
IPG
| MDE | $619.0M | 29% |
| IAC | $574.9M | 27% |
| Other | $527.9M | 25% |
| SCE | $413.8M | 19% |
LINE
暂无分部数据
