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KeyCorp（KEY）与Liberty Global Ltd.（LBTYA）财务数据对比。点击上方公司名可切换其他公司
KeyCorp的季度营收约是Liberty Global Ltd.的1.6倍（$2.0B vs $1.2B），KeyCorp净利率更高（25.4% vs -237.0%，领先262.4%），Liberty Global Ltd.同比增速更快（187.2% vs 131.8%），KeyCorp自由现金流更多（$2.1B vs $193.3M），过去两年KeyCorp的营收复合增速更高（14.4% vs -20.4%）
Key是日本知名视觉小说工作室，1998年7月21日作为发行商Visual Arts旗下品牌成立，总部位于大阪市北区。工作室主打剧情向作品，擅长创作情感饱满、情节跌宕的戏剧类内容，旗下多款作品深受全球ACG爱好者喜爱。
自由全球有限公司是一家英荷美合资的跨国电信企业，注册地位于百慕大，在伦敦、阿姆斯特丹和丹佛均设有总部。公司旗下拥有英国自由全球控股有限公司、荷兰自由全球有限公司及美国自由全球公司三大主体，其中英国主体为上市实体。企业由自由媒体国际业务部与UnitedGlobalCom于2005年合并成立，在全球电信服务领域拥有深厚的行业积累。
KEY vs LBTYA — 直观对比
营收规模更大
KEY
是对方的1.6倍
$1.2B
营收增速更快
LBTYA
高出55.4%
131.8%
净利率更高
KEY
高出262.4%
-237.0%
自由现金流更多
KEY
多$1.9B
$193.3M
两年增速更快
KEY
近两年复合增速
-20.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.2B |
| 净利润 | $510.0M | $-2.9B |
| 毛利率 | — | 66.8% |
| 营业利润率 | 32.3% | -8.6% |
| 净利率 | 25.4% | -237.0% |
| 营收同比 | 131.8% | 187.2% |
| 净利润同比 | 309.0% | -230.0% |
| 每股收益（稀释后） | $0.43 | $-8.66 |
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KEYLBTYA
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $1.9B | $1.2B | ||
| Q2 25 | $1.8B | $1.3B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | $865.0M | $-1.4B | ||
| Q3 24 | $695.0M | $1.9B | ||
| Q2 24 | $1.5B | $1.9B | ||
| Q1 24 | $1.5B | $1.9B |
净利润KEYLBTYA
| Q4 25 | $510.0M | $-2.9B | ||
| Q3 25 | $489.0M | $-90.7M | ||
| Q2 25 | $425.0M | $-2.8B | ||
| Q1 25 | $405.0M | $-1.3B | ||
| Q4 24 | $-244.0M | $2.2B | ||
| Q3 24 | $-410.0M | $-1.4B | ||
| Q2 24 | $274.0M | $268.1M | ||
| Q1 24 | $219.0M | $510.0M |
毛利率KEYLBTYA
| Q4 25 | — | 66.8% | ||
| Q3 25 | — | 67.5% | ||
| Q2 25 | — | 63.3% | ||
| Q1 25 | — | 65.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 69.4% | ||
| Q2 24 | — | 68.5% | ||
| Q1 24 | — | 65.4% |
营业利润率KEYLBTYA
| Q4 25 | 32.3% | -8.6% | ||
| Q3 25 | 31.8% | -0.7% | ||
| Q2 25 | 29.3% | 2.3% | ||
| Q1 25 | 29.0% | 5.2% | ||
| Q4 24 | -92.6% | — | ||
| Q3 24 | -72.8% | 5.2% | ||
| Q2 24 | 22.0% | 1.0% | ||
| Q1 24 | 18.1% | 1.2% |
净利率KEYLBTYA
| Q4 25 | 25.4% | -237.0% | ||
| Q3 25 | 25.8% | -7.5% | ||
| Q2 25 | 23.1% | -220.1% | ||
| Q1 25 | 22.8% | -114.2% | ||
| Q4 24 | -54.7% | -158.9% | ||
| Q3 24 | -59.0% | -74.1% | ||
| Q2 24 | 18.0% | 14.3% | ||
| Q1 24 | 14.3% | 26.2% |
每股收益（稀释后）KEYLBTYA
| Q4 25 | $0.43 | $-8.66 | ||
| Q3 25 | $0.41 | $-0.27 | ||
| Q2 25 | $0.35 | $-8.09 | ||
| Q1 25 | $0.33 | $-3.84 | ||
| Q4 24 | $-0.30 | $6.15 | ||
| Q3 24 | $-0.47 | $-3.95 | ||
| Q2 24 | $0.25 | $0.71 | ||
| Q1 24 | $0.20 | $1.32 |
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 | $10.2B | $2.2B |
| 总债务越低越好 | $9.9B | $7.8B |
| 股东权益账面价值 | $20.4B | $9.7B |
| 总资产 | $184.4B | $22.6B |
| 负债/权益比越低杠杆越低 | 0.49× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资KEYLBTYA
| Q4 25 | $10.2B | $2.2B | ||
| Q3 25 | $13.3B | $1.7B | ||
| Q2 25 | $11.6B | $3.1B | ||
| Q1 25 | $15.3B | $2.0B | ||
| Q4 24 | $17.5B | $2.2B | ||
| Q3 24 | $22.8B | $3.3B | ||
| Q2 24 | $15.5B | $3.2B | ||
| Q1 24 | $13.2B | $2.8B |
总债务KEYLBTYA
| Q4 25 | $9.9B | $7.8B | ||
| Q3 25 | $10.9B | $7.8B | ||
| Q2 25 | $12.1B | $7.8B | ||
| Q1 25 | $12.4B | $8.2B | ||
| Q4 24 | $12.1B | $8.2B | ||
| Q3 24 | $15.7B | $14.9B | ||
| Q2 24 | $16.9B | $14.7B | ||
| Q1 24 | $20.8B | $14.8B |
股东权益KEYLBTYA
| Q4 25 | $20.4B | $9.7B | ||
| Q3 25 | $20.1B | $12.7B | ||
| Q2 25 | $19.5B | $13.0B | ||
| Q1 25 | $19.0B | $12.6B | ||
| Q4 24 | $18.2B | $12.4B | ||
| Q3 24 | $16.9B | $18.7B | ||
| Q2 24 | $14.8B | $18.3B | ||
| Q1 24 | $14.5B | $18.4B |
总资产KEYLBTYA
| Q4 25 | $184.4B | $22.6B | ||
| Q3 25 | $187.4B | $25.4B | ||
| Q2 25 | $185.5B | $27.2B | ||
| Q1 25 | $188.7B | $26.0B | ||
| Q4 24 | $187.2B | $25.4B | ||
| Q3 24 | $189.8B | $41.8B | ||
| Q2 24 | $187.4B | $40.8B | ||
| Q1 24 | $187.5B | $40.6B |
负债/权益比KEYLBTYA
| Q4 25 | 0.49× | 0.80× | ||
| Q3 25 | 0.54× | 0.61× | ||
| Q2 25 | 0.62× | 0.60× | ||
| Q1 25 | 0.65× | 0.65× | ||
| Q4 24 | 0.67× | 0.66× | ||
| Q3 24 | 0.93× | 0.80× | ||
| Q2 24 | 1.14× | 0.80× | ||
| Q1 24 | 1.43× | 0.80× |
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 | $2.2B | $630.9M |
| 自由现金流经营现金流 - 资本支出 | $2.1B | $193.3M |
| 自由现金流率自由现金流/营收 | 104.8% | 15.7% |
| 资本支出强度资本支出/营收 | 5.3% | 35.5% |
| 现金转化率经营现金流/净利润 | 4.33× | — |
| 过去12个月自由现金流最近4个季度 | $3.5B | $-132.0M |
8季度趋势，按日历期对齐
经营现金流KEYLBTYA
| Q4 25 | $2.2B | $630.9M | ||
| Q3 25 | $396.0M | $301.8M | ||
| Q2 25 | $1.2B | $149.2M | ||
| Q1 25 | $-140.0M | $129.2M | ||
| Q4 24 | $664.0M | $791.6M | ||
| Q3 24 | $-1.2B | $449.5M | ||
| Q2 24 | $-217.0M | $546.1M | ||
| Q1 24 | $359.0M | $245.7M |
自由现金流KEYLBTYA
| Q4 25 | $2.1B | $193.3M | ||
| Q3 25 | $367.0M | $-41.1M | ||
| Q2 25 | $1.2B | $-170.1M | ||
| Q1 25 | $-150.0M | $-114.1M | ||
| Q4 24 | $599.0M | $712.9M | ||
| Q3 24 | $-1.2B | $102.4M | ||
| Q2 24 | $-230.0M | $256.8M | ||
| Q1 24 | $347.0M | $-105.1M |
自由现金流率KEYLBTYA
| Q4 25 | 104.8% | 15.7% | ||
| Q3 25 | 19.4% | -3.4% | ||
| Q2 25 | 65.8% | -13.4% | ||
| Q1 25 | -8.5% | -9.7% | ||
| Q4 24 | 69.2% | -50.5% | ||
| Q3 24 | -175.8% | 5.3% | ||
| Q2 24 | -15.1% | 13.7% | ||
| Q1 24 | 22.6% | -5.4% |
资本支出强度KEYLBTYA
| Q4 25 | 5.3% | 35.5% | ||
| Q3 25 | 1.5% | 28.4% | ||
| Q2 25 | 1.3% | 25.2% | ||
| Q1 25 | 0.6% | 20.8% | ||
| Q4 24 | 7.5% | -5.6% | ||
| Q3 24 | 2.4% | 17.9% | ||
| Q2 24 | 0.9% | 15.4% | ||
| Q1 24 | 0.8% | 18.0% |
现金转化率KEYLBTYA
| Q4 25 | 4.33× | — | ||
| Q3 25 | 0.81× | — | ||
| Q2 25 | 2.90× | — | ||
| Q1 25 | -0.35× | — | ||
| Q4 24 | — | 0.35× | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.79× | 2.04× | ||
| Q1 24 | 1.64× | 0.48× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
