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捷蓝航空（JBLU）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
皇家加勒比集团的季度营收约是捷蓝航空的1.9倍（$4.3B vs $2.2B），皇家加勒比集团净利率更高（17.7% vs -14.2%，领先31.9%），皇家加勒比集团同比增速更快（13.3% vs 4.7%），过去两年皇家加勒比集团的营收复合增速更高（6.9% vs -3.9%）
捷蓝航空是美国低成本航空公司，总部设于纽约市皇后区长岛市。运营以点对点航线为主，拥有包括纽约肯尼迪国际机场主枢纽在内的六大重点城市航点网络，航线覆盖美洲及欧洲多地。虽未加入任何全球航空联盟，但与寰宇一家、天合联盟、星空联盟的多家航司均有代码共享合作。
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。
JBLU vs RCL — 直观对比
营收规模更大
RCL
是对方的1.9倍
$2.2B
营收增速更快
RCL
高出8.6%
4.7%
净利率更高
RCL
高出31.9%
-14.2%
两年增速更快
RCL
近两年复合增速
-3.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $4.3B |
| 净利润 | $-319.0M | $753.0M |
| 毛利率 | — | 47.4% |
| 营业利润率 | — | 21.9% |
| 净利率 | -14.2% | 17.7% |
| 营收同比 | 4.7% | 13.3% |
| 净利润同比 | -53.4% | 36.4% |
| 每股收益（稀释后） | $-0.86 | $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JBLURCL
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $4.3B | ||
| Q3 25 | $2.3B | $5.1B | ||
| Q2 25 | $2.4B | $4.5B | ||
| Q1 25 | $2.1B | $4.0B | ||
| Q4 24 | $2.3B | $3.8B | ||
| Q3 24 | $2.4B | $4.9B | ||
| Q2 24 | $2.4B | $4.1B |
净利润JBLURCL
| Q1 26 | $-319.0M | — | ||
| Q4 25 | $-177.0M | $753.0M | ||
| Q3 25 | $-143.0M | $1.6B | ||
| Q2 25 | $-74.0M | $1.2B | ||
| Q1 25 | $-208.0M | $730.0M | ||
| Q4 24 | $-44.0M | $552.0M | ||
| Q3 24 | $-60.0M | $1.1B | ||
| Q2 24 | $25.0M | $854.0M |
毛利率JBLURCL
| Q1 26 | — | — | ||
| Q4 25 | — | 47.4% | ||
| Q3 25 | — | 51.8% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 48.0% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | — | 51.1% | ||
| Q2 24 | — | 47.6% |
营业利润率JBLURCL
| Q1 26 | — | — | ||
| Q4 25 | -4.5% | 21.9% | ||
| Q3 25 | -4.3% | 33.1% | ||
| Q2 25 | 0.3% | 29.3% | ||
| Q1 25 | -8.1% | 23.6% | ||
| Q4 24 | 0.7% | 16.6% | ||
| Q3 24 | -1.6% | 33.4% | ||
| Q2 24 | 2.3% | 26.7% |
净利率JBLURCL
| Q1 26 | -14.2% | — | ||
| Q4 25 | -7.9% | 17.7% | ||
| Q3 25 | -6.2% | 30.6% | ||
| Q2 25 | -3.1% | 26.7% | ||
| Q1 25 | -9.7% | 18.3% | ||
| Q4 24 | -1.9% | 14.7% | ||
| Q3 24 | -2.5% | 22.7% | ||
| Q2 24 | 1.0% | 20.8% |
每股收益（稀释后）JBLURCL
| Q1 26 | $-0.86 | — | ||
| Q4 25 | $-0.47 | $2.76 | ||
| Q3 25 | $-0.39 | $5.74 | ||
| Q2 25 | $-0.21 | $4.41 | ||
| Q1 25 | $-0.59 | $2.70 | ||
| Q4 24 | $-0.09 | $2.27 | ||
| Q3 24 | $-0.17 | $4.21 | ||
| Q2 24 | $0.07 | $3.11 |
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 | $1.9B | $825.0M |
| 总债务越低越好 | — | $18.2B |
| 股东权益账面价值 | $1.8B | $10.0B |
| 总资产 | $16.6B | $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JBLURCL
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.2B | $825.0M | ||
| Q3 25 | $2.6B | $432.0M | ||
| Q2 25 | $3.1B | $735.0M | ||
| Q1 25 | $3.5B | $386.0M | ||
| Q4 24 | $3.6B | $388.0M | ||
| Q3 24 | $4.0B | $418.0M | ||
| Q2 24 | $1.5B | $391.0M |
总债务JBLURCL
| Q1 26 | — | — | ||
| Q4 25 | $7.7B | $18.2B | ||
| Q3 25 | $7.8B | $17.2B | ||
| Q2 25 | $7.7B | $17.6B | ||
| Q1 25 | $8.1B | $18.0B | ||
| Q4 24 | $8.1B | $18.5B | ||
| Q3 24 | $7.9B | $19.0B | ||
| Q2 24 | $5.0B | $19.8B |
股东权益JBLURCL
| Q1 26 | $1.8B | — | ||
| Q4 25 | $2.1B | $10.0B | ||
| Q3 25 | $2.3B | $10.1B | ||
| Q2 25 | $2.4B | $9.2B | ||
| Q1 25 | $2.4B | $8.0B | ||
| Q4 24 | $2.6B | $7.6B | ||
| Q3 24 | $2.6B | $7.0B | ||
| Q2 24 | $2.7B | $6.0B |
总资产JBLURCL
| Q1 26 | $16.6B | — | ||
| Q4 25 | $16.6B | $41.6B | ||
| Q3 25 | $16.6B | $40.1B | ||
| Q2 25 | $16.9B | $38.5B | ||
| Q1 25 | $17.1B | $37.5B | ||
| Q4 24 | $16.8B | $37.1B | ||
| Q3 24 | $16.6B | $37.1B | ||
| Q2 24 | $14.0B | $37.0B |
负债/权益比JBLURCL
| Q1 26 | — | — | ||
| Q4 25 | 3.65× | 1.81× | ||
| Q3 25 | 3.42× | 1.70× | ||
| Q2 25 | 3.21× | 1.92× | ||
| Q1 25 | 3.31× | 2.26× | ||
| Q4 24 | 3.08× | 2.44× | ||
| Q3 24 | 2.98× | 2.69× | ||
| Q2 24 | 1.86× | 3.29× |
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 | — | $1.6B |
| 自由现金流经营现金流 - 资本支出 | — | $116.0M |
| 自由现金流率自由现金流/营收 | — | 2.7% |
| 资本支出强度资本支出/营收 | 6.3% | 35.4% |
| 现金转化率经营现金流/净利润 | — | 2.16× |
| 过去12个月自由现金流最近4个季度 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流JBLURCL
| Q1 26 | — | — | ||
| Q4 25 | $49.0M | $1.6B | ||
| Q3 25 | $-142.0M | $1.5B | ||
| Q2 25 | $-115.0M | $1.7B | ||
| Q1 25 | $114.0M | $1.6B | ||
| Q4 24 | $-17.0M | $1.5B | ||
| Q3 24 | $-29.0M | $897.0M | ||
| Q2 24 | $-14.0M | $1.6B |
自由现金流JBLURCL
| Q1 26 | — | — | ||
| Q4 25 | $-287.0M | $116.0M | ||
| Q3 25 | $-411.0M | $-989.0M | ||
| Q2 25 | $-412.0M | $910.0M | ||
| Q1 25 | $-62.0M | $1.2B | ||
| Q4 24 | $-368.0M | $915.0M | ||
| Q3 24 | $-302.0M | $563.0M | ||
| Q2 24 | $-441.0M | $-567.0M |
自由现金流率JBLURCL
| Q1 26 | — | — | ||
| Q4 25 | -12.8% | 2.7% | ||
| Q3 25 | -17.7% | -19.2% | ||
| Q2 25 | -17.5% | 20.1% | ||
| Q1 25 | -2.9% | 30.0% | ||
| Q4 24 | -16.2% | 24.3% | ||
| Q3 24 | -12.8% | 11.5% | ||
| Q2 24 | -18.2% | -13.8% |
资本支出强度JBLURCL
| Q1 26 | 6.3% | — | ||
| Q4 25 | 15.0% | 35.4% | ||
| Q3 25 | 11.6% | 47.8% | ||
| Q2 25 | 12.6% | 18.4% | ||
| Q1 25 | 8.2% | 10.7% | ||
| Q4 24 | 15.4% | 14.7% | ||
| Q3 24 | 11.5% | 6.8% | ||
| Q2 24 | 17.6% | 52.1% |
现金转化率JBLURCL
| Q1 26 | — | — | ||
| Q4 25 | — | 2.16× | ||
| Q3 25 | — | 0.93× | ||
| Q2 25 | — | 1.44× | ||
| Q1 25 | — | 2.23× | ||
| Q4 24 | — | 2.66× | ||
| Q3 24 | — | 0.81× | ||
| Q2 24 | -0.56× | 1.84× |
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
JBLU
暂无分部数据
RCL
| Passenger | $2.9B | 69% |
| Other | $1.3B | 31% |
