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艾昆纬（IQV）与皇家加勒比集团（RCL）财务数据对比。点击上方公司名可切换其他公司
艾昆纬的季度营收约是皇家加勒比集团的1.0倍（$4.4B vs $4.3B），皇家加勒比集团净利率更高（17.7% vs 11.8%，领先5.9%），皇家加勒比集团同比增速更快（13.3% vs 10.3%），艾昆纬自由现金流更多（$561.0M vs $116.0M），过去两年艾昆纬的营收复合增速更高（8.1% vs 6.9%）
艾昆纬控股（IQVIA Holdings Inc.）总部位于美国北卡罗来纳州达勒姆，是专注于医疗信息技术与临床研究领域的知名企业。公司依托专业技术优势与行业资源积累，为医疗健康、医药研发等领域客户提供专业解决方案与服务支持，助力产业创新发展。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
IQV vs RCL — 直观对比
营收规模更大
IQV
是对方的1.0倍
$4.3B
营收增速更快
RCL
高出3.0%
10.3%
净利率更高
RCL
高出5.9%
11.8%
自由现金流更多
IQV
多$445.0M
$116.0M
两年增速更快
IQV
近两年复合增速
6.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.4B | $4.3B |
| 净利润 | $514.0M | $753.0M |
| 毛利率 | — | 47.4% |
| 营业利润率 | 14.4% | 21.9% |
| 净利率 | 11.8% | 17.7% |
| 营收同比 | 10.3% | 13.3% |
| 净利润同比 | 17.6% | 36.4% |
| 每股收益（稀释后） | $2.97 | $2.76 |
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IQVRCL
| Q4 25 | $4.4B | $4.3B | ||
| Q3 25 | $4.1B | $5.1B | ||
| Q2 25 | $4.0B | $4.5B | ||
| Q1 25 | $3.8B | $4.0B | ||
| Q4 24 | $4.0B | $3.8B | ||
| Q3 24 | $3.9B | $4.9B | ||
| Q2 24 | $3.8B | $4.1B | ||
| Q1 24 | $3.7B | $3.7B |
净利润IQVRCL
| Q4 25 | $514.0M | $753.0M | ||
| Q3 25 | $331.0M | $1.6B | ||
| Q2 25 | $266.0M | $1.2B | ||
| Q1 25 | $249.0M | $730.0M | ||
| Q4 24 | $437.0M | $552.0M | ||
| Q3 24 | $285.0M | $1.1B | ||
| Q2 24 | $363.0M | $854.0M | ||
| Q1 24 | $288.0M | $360.0M |
毛利率IQVRCL
| Q4 25 | — | 47.4% | ||
| Q3 25 | — | 51.8% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 48.0% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | 23.5% | 51.1% | ||
| Q2 24 | 22.6% | 47.6% | ||
| Q1 24 | 22.1% | 44.8% |
营业利润率IQVRCL
| Q4 25 | 14.4% | 21.9% | ||
| Q3 25 | 13.5% | 33.1% | ||
| Q2 25 | 12.6% | 29.3% | ||
| Q1 25 | 13.0% | 23.6% | ||
| Q4 24 | 15.8% | 16.6% | ||
| Q3 24 | 14.1% | 33.4% | ||
| Q2 24 | 13.6% | 26.7% | ||
| Q1 24 | 13.5% | 20.1% |
净利率IQVRCL
| Q4 25 | 11.8% | 17.7% | ||
| Q3 25 | 8.1% | 30.6% | ||
| Q2 25 | 6.6% | 26.7% | ||
| Q1 25 | 6.5% | 18.3% | ||
| Q4 24 | 11.0% | 14.7% | ||
| Q3 24 | 7.3% | 22.7% | ||
| Q2 24 | 9.5% | 20.8% | ||
| Q1 24 | 7.7% | 9.7% |
每股收益（稀释后）IQVRCL
| Q4 25 | $2.97 | $2.76 | ||
| Q3 25 | $1.93 | $5.74 | ||
| Q2 25 | $1.54 | $4.41 | ||
| Q1 25 | $1.40 | $2.70 | ||
| Q4 24 | $2.41 | $2.27 | ||
| Q3 24 | $1.55 | $4.21 | ||
| Q2 24 | $1.97 | $3.11 | ||
| Q1 24 | $1.56 | $1.35 |
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 | $2.1B | $825.0M |
| 总债务越低越好 | — | $18.2B |
| 股东权益账面价值 | $6.5B | $10.0B |
| 总资产 | $29.9B | $41.6B |
| 负债/权益比越低杠杆越低 | — | 1.81× |
8季度趋势，按日历期对齐
现金及短期投资IQVRCL
| Q4 25 | $2.1B | $825.0M | ||
| Q3 25 | $2.0B | $432.0M | ||
| Q2 25 | $2.2B | $735.0M | ||
| Q1 25 | $1.9B | $386.0M | ||
| Q4 24 | $1.8B | $388.0M | ||
| Q3 24 | $1.7B | $418.0M | ||
| Q2 24 | $1.7B | $391.0M | ||
| Q1 24 | $1.6B | $437.0M |
总债务IQVRCL
| Q4 25 | — | $18.2B | ||
| Q3 25 | — | $17.2B | ||
| Q2 25 | — | $17.6B | ||
| Q1 25 | — | $18.0B | ||
| Q4 24 | — | $18.5B | ||
| Q3 24 | — | $19.0B | ||
| Q2 24 | — | $19.8B | ||
| Q1 24 | — | $18.9B |
股东权益IQVRCL
| Q4 25 | $6.5B | $10.0B | ||
| Q3 25 | $6.2B | $10.1B | ||
| Q2 25 | $5.8B | $9.2B | ||
| Q1 25 | $6.0B | $8.0B | ||
| Q4 24 | $6.1B | $7.6B | ||
| Q3 24 | $7.0B | $7.0B | ||
| Q2 24 | $6.7B | $6.0B | ||
| Q1 24 | $6.3B | $5.2B |
总资产IQVRCL
| Q4 25 | $29.9B | $41.6B | ||
| Q3 25 | $28.7B | $40.1B | ||
| Q2 25 | $28.6B | $38.5B | ||
| Q1 25 | $27.3B | $37.5B | ||
| Q4 24 | $26.9B | $37.1B | ||
| Q3 24 | $27.2B | $37.1B | ||
| Q2 24 | $26.4B | $37.0B | ||
| Q1 24 | $26.6B | $35.2B |
负债/权益比IQVRCL
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.70× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | — | 2.26× | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | — | 2.69× | ||
| Q2 24 | — | 3.29× | ||
| Q1 24 | — | 3.66× |
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 | $735.0M | $1.6B |
| 自由现金流经营现金流 - 资本支出 | $561.0M | $116.0M |
| 自由现金流率自由现金流/营收 | 12.9% | 2.7% |
| 资本支出强度资本支出/营收 | 4.0% | 35.4% |
| 现金转化率经营现金流/净利润 | 1.43× | 2.16× |
| 过去12个月自由现金流最近4个季度 | $2.1B | $1.2B |
8季度趋势，按日历期对齐
经营现金流IQVRCL
| Q4 25 | $735.0M | $1.6B | ||
| Q3 25 | $908.0M | $1.5B | ||
| Q2 25 | $443.0M | $1.7B | ||
| Q1 25 | $568.0M | $1.6B | ||
| Q4 24 | $885.0M | $1.5B | ||
| Q3 24 | $721.0M | $897.0M | ||
| Q2 24 | $588.0M | $1.6B | ||
| Q1 24 | $522.0M | $1.3B |
自由现金流IQVRCL
| Q4 25 | $561.0M | $116.0M | ||
| Q3 25 | $772.0M | $-989.0M | ||
| Q2 25 | $292.0M | $910.0M | ||
| Q1 25 | $426.0M | $1.2B | ||
| Q4 24 | $721.0M | $915.0M | ||
| Q3 24 | $571.0M | $563.0M | ||
| Q2 24 | $445.0M | $-567.0M | ||
| Q1 24 | $377.0M | $1.1B |
自由现金流率IQVRCL
| Q4 25 | 12.9% | 2.7% | ||
| Q3 25 | 18.8% | -19.2% | ||
| Q2 25 | 7.3% | 20.1% | ||
| Q1 25 | 11.1% | 30.0% | ||
| Q4 24 | 18.2% | 24.3% | ||
| Q3 24 | 14.7% | 11.5% | ||
| Q2 24 | 11.7% | -13.8% | ||
| Q1 24 | 10.1% | 29.1% |
资本支出强度IQVRCL
| Q4 25 | 4.0% | 35.4% | ||
| Q3 25 | 3.3% | 47.8% | ||
| Q2 25 | 3.8% | 18.4% | ||
| Q1 25 | 3.7% | 10.7% | ||
| Q4 24 | 4.1% | 14.7% | ||
| Q3 24 | 3.9% | 6.8% | ||
| Q2 24 | 3.7% | 52.1% | ||
| Q1 24 | 3.9% | 6.5% |
现金转化率IQVRCL
| Q4 25 | 1.43× | 2.16× | ||
| Q3 25 | 2.74× | 0.93× | ||
| Q2 25 | 1.67× | 1.44× | ||
| Q1 25 | 2.28× | 2.23× | ||
| Q4 24 | 2.03× | 2.66× | ||
| Q3 24 | 2.53× | 0.81× | ||
| Q2 24 | 1.62× | 1.84× | ||
| Q1 24 | 1.81× | 3.69× |
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
IQV
暂无分部数据
RCL
| Passenger | $2.9B | 69% |
| Other | $1.3B | 31% |
