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KLA Corporation（KLAC）与Live Nation Entertainment（LYV）财务数据对比。点击上方公司名可切换其他公司
Live Nation Entertainment的季度营收约是KLA Corporation的1.9倍（$6.3B vs $3.3B），KLA Corporation净利率更高（34.7% vs -3.2%，领先37.9%），Live Nation Entertainment同比增速更快（11.1% vs 7.2%），KLA Corporation自由现金流更多（$1.3B vs $-405.6M），过去两年Live Nation Entertainment的营收复合增速更高（28.9% vs 18.2%）
KLA Corporation是总部位于美国加利福尼亚州米尔皮塔斯的企业，主营晶圆制造设备，为半导体及相关纳米电子行业提供过程控制与良率管理系统，产品及服务覆盖晶圆、光罩、集成电路、封装生产从研发到批量制造的全流程。
Live Nation Entertainment是美国跨国娱乐企业，2010年由Live Nation与Ticketmaster合并成立，旗下保留运营两大原有品牌。公司业务覆盖全球，主营现场娱乐活动宣发、票务销售，同时持有并运营多家娱乐场馆，还为音乐人提供艺人经纪管理服务。
KLAC vs LYV — 直观对比
营收规模更大
LYV
是对方的1.9倍
$3.3B
营收增速更快
LYV
高出4.0%
7.2%
净利率更高
KLAC
高出37.9%
-3.2%
自由现金流更多
KLAC
多$1.7B
$-405.6M
两年增速更快
LYV
近两年复合增速
18.2%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $6.3B |
| 净利润 | $1.1B | $-202.1M |
| 毛利率 | 61.4% | — |
| 营业利润率 | — | -2.3% |
| 净利率 | 34.7% | -3.2% |
| 营收同比 | 7.2% | 11.1% |
| 净利润同比 | 39.0% | -204.6% |
| 每股收益（稀释后） | $8.68 | $-1.06 |
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KLACLYV
| Q4 25 | $3.3B | $6.3B | ||
| Q3 25 | $3.2B | $8.5B | ||
| Q2 25 | $3.2B | $7.0B | ||
| Q1 25 | $3.1B | $3.4B | ||
| Q4 24 | $3.1B | $5.7B | ||
| Q3 24 | $2.8B | $7.7B | ||
| Q2 24 | $2.6B | $6.0B | ||
| Q1 24 | $2.4B | $3.8B |
净利润KLACLYV
| Q4 25 | $1.1B | $-202.1M | ||
| Q3 25 | $1.1B | $431.5M | ||
| Q2 25 | $1.2B | $243.4M | ||
| Q1 25 | $1.1B | $23.2M | ||
| Q4 24 | $824.5M | $193.2M | ||
| Q3 24 | $945.9M | $451.8M | ||
| Q2 24 | $836.4M | $298.0M | ||
| Q1 24 | $601.5M | $-46.7M |
毛利率KLACLYV
| Q4 25 | 61.4% | — | ||
| Q3 25 | 61.3% | — | ||
| Q2 25 | 62.0% | — | ||
| Q1 25 | 61.6% | — | ||
| Q4 24 | 60.3% | — | ||
| Q3 24 | 59.6% | — | ||
| Q2 24 | 60.7% | — | ||
| Q1 24 | 57.9% | — |
营业利润率KLACLYV
| Q4 25 | — | -2.3% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | 41.9% | 6.9% | ||
| Q1 25 | 41.3% | 3.4% | ||
| Q4 24 | 31.6% | -4.3% | ||
| Q3 24 | 38.0% | 8.4% | ||
| Q2 24 | 36.8% | 7.7% | ||
| Q1 24 | 29.7% | -1.0% |
净利率KLACLYV
| Q4 25 | 34.7% | -3.2% | ||
| Q3 25 | 34.9% | 5.1% | ||
| Q2 25 | 37.9% | 3.5% | ||
| Q1 25 | 35.5% | 0.7% | ||
| Q4 24 | 26.8% | 3.4% | ||
| Q3 24 | 33.3% | 5.9% | ||
| Q2 24 | 32.6% | 4.9% | ||
| Q1 24 | 25.5% | -1.2% |
每股收益（稀释后）KLACLYV
| Q4 25 | $8.68 | $-1.06 | ||
| Q3 25 | $8.47 | $0.73 | ||
| Q2 25 | $9.04 | $0.41 | ||
| Q1 25 | $8.16 | $-0.32 | ||
| Q4 24 | $6.16 | $0.58 | ||
| Q3 24 | $7.01 | $1.66 | ||
| Q2 24 | $6.16 | $1.03 | ||
| Q1 24 | $4.43 | $-0.53 |
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 | $2.5B | $7.1B |
| 总债务越低越好 | $5.9B | $7.6B |
| 股东权益账面价值 | $5.5B | $271.0M |
| 总资产 | $16.7B | $22.9B |
| 负债/权益比越低杠杆越低 | 1.08× | 28.09× |
8季度趋势，按日历期对齐
现金及短期投资KLACLYV
| Q4 25 | $2.5B | $7.1B | ||
| Q3 25 | $1.9B | $6.8B | ||
| Q2 25 | $2.1B | $7.1B | ||
| Q1 25 | $1.9B | $7.2B | ||
| Q4 24 | $1.8B | $6.1B | ||
| Q3 24 | $2.0B | $5.5B | ||
| Q2 24 | $2.0B | $6.4B | ||
| Q1 24 | $1.8B | $6.5B |
总债务KLACLYV
| Q4 25 | $5.9B | $7.6B | ||
| Q3 25 | $5.9B | $6.1B | ||
| Q2 25 | $5.9B | $5.0B | ||
| Q1 25 | $5.9B | $5.9B | ||
| Q4 24 | $5.9B | $6.2B | ||
| Q3 24 | $5.9B | $5.7B | ||
| Q2 24 | $5.9B | $5.1B | ||
| Q1 24 | $5.9B | $5.1B |
股东权益KLACLYV
| Q4 25 | $5.5B | $271.0M | ||
| Q3 25 | $5.0B | $521.3M | ||
| Q2 25 | $4.7B | $360.1M | ||
| Q1 25 | $4.0B | $106.0M | ||
| Q4 24 | $3.6B | $173.3M | ||
| Q3 24 | $3.6B | $288.0M | ||
| Q2 24 | $3.4B | $-43.3M | ||
| Q1 24 | $3.1B | $-114.8M |
总资产KLACLYV
| Q4 25 | $16.7B | $22.9B | ||
| Q3 25 | $16.3B | $22.9B | ||
| Q2 25 | $16.1B | $23.2B | ||
| Q1 25 | $15.2B | $21.8B | ||
| Q4 24 | $15.0B | $19.6B | ||
| Q3 24 | $15.7B | $19.7B | ||
| Q2 24 | $15.4B | $20.5B | ||
| Q1 24 | $15.0B | $20.0B |
负债/权益比KLACLYV
| Q4 25 | 1.08× | 28.09× | ||
| Q3 25 | 1.18× | 11.71× | ||
| Q2 25 | 1.25× | 13.86× | ||
| Q1 25 | 1.47× | 55.93× | ||
| Q4 24 | 1.64× | 35.65× | ||
| Q3 24 | 1.65× | 19.70× | ||
| Q2 24 | 1.75× | — | ||
| Q1 24 | 1.90× | — |
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 | $1.4B | $-53.7M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $-405.6M |
| 自由现金流率自由现金流/营收 | 38.3% | -6.4% |
| 资本支出强度资本支出/营收 | 3.2% | 5.6% |
| 现金转化率经营现金流/净利润 | 1.19× | — |
| 过去12个月自由现金流最近4个季度 | $4.4B | $333.6M |
8季度趋势，按日历期对齐
经营现金流KLACLYV
| Q4 25 | $1.4B | $-53.7M | ||
| Q3 25 | $1.2B | $-95.7M | ||
| Q2 25 | $1.2B | $223.5M | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $849.5M | $1.0B | ||
| Q3 24 | $995.2M | $-720.9M | ||
| Q2 24 | $892.6M | $412.1M | ||
| Q1 24 | $910.0M | $988.9M |
自由现金流KLACLYV
| Q4 25 | $1.3B | $-405.6M | ||
| Q3 25 | $1.1B | $-371.3M | ||
| Q2 25 | $1.1B | $-39.9M | ||
| Q1 25 | $990.0M | $1.2B | ||
| Q4 24 | $757.2M | $890.2M | ||
| Q3 24 | $934.8M | $-879.0M | ||
| Q2 24 | $831.9M | $212.4M | ||
| Q1 24 | $838.2M | $854.8M |
自由现金流率KLACLYV
| Q4 25 | 38.3% | -6.4% | ||
| Q3 25 | 33.2% | -4.4% | ||
| Q2 25 | 33.5% | -0.6% | ||
| Q1 25 | 32.3% | 34.0% | ||
| Q4 24 | 24.6% | 15.7% | ||
| Q3 24 | 32.9% | -11.5% | ||
| Q2 24 | 32.4% | 3.5% | ||
| Q1 24 | 35.5% | 22.5% |
资本支出强度KLACLYV
| Q4 25 | 3.2% | 5.6% | ||
| Q3 25 | 3.0% | 3.2% | ||
| Q2 25 | 3.2% | 3.8% | ||
| Q1 25 | 2.7% | 5.0% | ||
| Q4 24 | 3.0% | 2.7% | ||
| Q3 24 | 2.1% | 2.1% | ||
| Q2 24 | 2.4% | 3.3% | ||
| Q1 24 | 3.0% | 3.5% |
现金转化率KLACLYV
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.04× | -0.22× | ||
| Q2 25 | 0.97× | 0.92× | ||
| Q1 25 | 0.99× | 56.94× | ||
| Q4 24 | 1.03× | 5.41× | ||
| Q3 24 | 1.05× | -1.60× | ||
| Q2 24 | 1.07× | 1.38× | ||
| Q1 24 | 1.51× | — |
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
KLAC
| Wafer Inspection | $1.6B | 48% |
| Services | $786.1M | 24% |
| Patterning | $696.2M | 21% |
| Specialty Semiconductor Process | $121.6M | 4% |
| PCB And Component Inspection | $80.3M | 2% |
| Other Revenue | $40.2M | 1% |
LYV
| Concerts | $5.1B | 82% |
| Ticketing | $846.2M | 13% |
| Sponsorship And Advertising | $329.9M | 5% |
