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Liberty Broadband Corp（LBRDA）与MACERICH CO（MAC）财务数据对比。点击上方公司名可切换其他公司
MACERICH CO的季度营收约是Liberty Broadband Corp的1.0倍（$261.7M vs $261.0M），Liberty Broadband Corp净利率更高（146.7% vs -7.2%，领先153.9%），Liberty Broadband Corp同比增速更快（6.1% vs -4.4%），过去两年MACERICH CO的营收复合增速更高（12.0% vs 4.3%）
本公司是一家覆盖英、荷、美三地的跨国电信企业，注册地为百慕大，在伦敦、阿姆斯特丹、丹佛设有总部，旗下拥有多家对应司法辖区的运营主体，其中英国主体为公开上市实体，2005年由自由媒体国际业务板块与UnitedGlobalCom合并成立。
Macerich是一家专注于购物中心投资的房地产投资信托基金，为美国第三大购物中心持有及运营商。截至2024年12月31日，公司共持有43处物业的权益，可租赁总面积达4300万平方英尺，公司名称由创始人Mace Siegel与Richard Cohen的名字组合而来。
LBRDA vs MAC — 直观对比
营收规模更大
MAC
是对方的1.0倍
$261.0M
营收增速更快
LBRDA
高出10.5%
-4.4%
净利率更高
LBRDA
高出153.9%
-7.2%
两年增速更快
MAC
近两年复合增速
4.3%
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.0M | $261.7M |
| 净利润 | $383.0M | $-18.8M |
| 毛利率 | — | — |
| 营业利润率 | 15.7% | — |
| 净利率 | 146.7% | -7.2% |
| 营收同比 | 6.1% | -4.4% |
| 净利润同比 | 96.4% | 91.1% |
| 每股收益（稀释后） | $2.68 | $-0.08 |
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LBRDAMAC
| Q4 25 | — | $261.7M | ||
| Q3 25 | — | $253.3M | ||
| Q2 25 | $261.0M | $249.8M | ||
| Q1 25 | $266.0M | $249.2M | ||
| Q4 24 | $263.0M | $273.7M | ||
| Q3 24 | $262.0M | $220.2M | ||
| Q2 24 | $246.0M | $215.5M | ||
| Q1 24 | $245.0M | $208.8M |
净利润LBRDAMAC
| Q4 25 | — | $-18.8M | ||
| Q3 25 | — | $-87.4M | ||
| Q2 25 | $383.0M | $-40.9M | ||
| Q1 25 | $268.0M | $-50.1M | ||
| Q4 24 | $291.0M | $-211.2M | ||
| Q3 24 | $142.0M | $-108.2M | ||
| Q2 24 | $195.0M | $252.0M | ||
| Q1 24 | $241.0M | $-126.7M |
营业利润率LBRDAMAC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 15.7% | — | ||
| Q1 25 | 16.2% | — | ||
| Q4 24 | 4.9% | — | ||
| Q3 24 | 11.5% | — | ||
| Q2 24 | 8.5% | — | ||
| Q1 24 | 11.4% | — |
净利率LBRDAMAC
| Q4 25 | — | -7.2% | ||
| Q3 25 | — | -34.5% | ||
| Q2 25 | 146.7% | -16.4% | ||
| Q1 25 | 100.8% | -20.1% | ||
| Q4 24 | 110.6% | -77.2% | ||
| Q3 24 | 54.2% | -49.1% | ||
| Q2 24 | 79.3% | 116.9% | ||
| Q1 24 | 98.4% | -60.7% |
每股收益（稀释后）LBRDAMAC
| Q4 25 | — | $-0.08 | ||
| Q3 25 | — | $-0.34 | ||
| Q2 25 | $2.68 | $-0.16 | ||
| Q1 25 | $1.87 | $-0.20 | ||
| Q4 24 | $2.04 | $-0.95 | ||
| Q3 24 | $0.99 | $-0.50 | ||
| Q2 24 | $1.36 | $1.16 | ||
| Q1 24 | $1.69 | $-0.59 |
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 | $180.0M | $280.2M |
| 总债务越低越好 | $3.1B | $5.1B |
| 股东权益账面价值 | $10.4B | $2.4B |
| 总资产 | $16.6B | $8.4B |
| 负债/权益比越低杠杆越低 | 0.30× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资LBRDAMAC
| Q4 25 | — | $280.2M | ||
| Q3 25 | — | $290.2M | ||
| Q2 25 | $180.0M | $131.1M | ||
| Q1 25 | $226.0M | $253.2M | ||
| Q4 24 | $163.0M | $89.9M | ||
| Q3 24 | $168.0M | $116.5M | ||
| Q2 24 | $73.0M | $70.7M | ||
| Q1 24 | $108.0M | $120.1M |
总债务LBRDAMAC
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | $3.1B | $5.2B | ||
| Q1 25 | $3.8B | $5.2B | ||
| Q4 24 | $3.8B | $4.9B | ||
| Q3 24 | $3.7B | $4.3B | ||
| Q2 24 | $3.6B | $4.4B | ||
| Q1 24 | $3.6B | $4.1B |
股东权益LBRDAMAC
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | $10.4B | $2.6B | ||
| Q1 25 | $10.1B | $2.7B | ||
| Q4 24 | $9.8B | $2.8B | ||
| Q3 24 | $9.5B | $2.5B | ||
| Q2 24 | $9.3B | $2.5B | ||
| Q1 24 | $9.1B | $2.3B |
总资产LBRDAMAC
| Q4 25 | — | $8.4B | ||
| Q3 25 | — | $8.4B | ||
| Q2 25 | $16.6B | $8.7B | ||
| Q1 25 | $17.0B | $8.7B | ||
| Q4 24 | $16.7B | $8.6B | ||
| Q3 24 | $16.3B | $7.6B | ||
| Q2 24 | $16.0B | $7.8B | ||
| Q1 24 | $15.7B | $7.4B |
负债/权益比LBRDAMAC
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.02× | ||
| Q2 25 | 0.30× | 2.02× | ||
| Q1 25 | 0.38× | 1.96× | ||
| Q4 24 | 0.38× | 1.78× | ||
| Q3 24 | 0.39× | 1.73× | ||
| Q2 24 | 0.39× | 1.75× | ||
| Q1 24 | 0.40× | 1.79× |
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 | $91.0M | $50.2M |
| 自由现金流经营现金流 - 资本支出 | $37.0M | — |
| 自由现金流率自由现金流/营收 | 14.2% | — |
| 资本支出强度资本支出/营收 | 20.7% | — |
| 现金转化率经营现金流/净利润 | 0.24× | — |
| 过去12个月自由现金流最近4个季度 | $-49.0M | — |
8季度趋势，按日历期对齐
经营现金流LBRDAMAC
| Q4 25 | — | $50.2M | ||
| Q3 25 | — | $112.4M | ||
| Q2 25 | $91.0M | $70.5M | ||
| Q1 25 | $78.0M | $88.5M | ||
| Q4 24 | $1.0M | $54.9M | ||
| Q3 24 | $24.0M | $100.0M | ||
| Q2 24 | $27.0M | $67.4M | ||
| Q1 24 | $52.0M | $61.1M |
自由现金流LBRDAMAC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $37.0M | — | ||
| Q1 25 | $13.0M | — | ||
| Q4 24 | $-63.0M | — | ||
| Q3 24 | $-36.0M | — | ||
| Q2 24 | $-35.0M | — | ||
| Q1 24 | $-9.0M | — |
自由现金流率LBRDAMAC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 14.2% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | -24.0% | — | ||
| Q3 24 | -13.7% | — | ||
| Q2 24 | -14.2% | — | ||
| Q1 24 | -3.7% | — |
资本支出强度LBRDAMAC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 20.7% | — | ||
| Q1 25 | 24.4% | — | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 22.9% | — | ||
| Q2 24 | 25.2% | — | ||
| Q1 24 | 24.9% | — |
现金转化率LBRDAMAC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.24× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.17× | — | ||
| Q2 24 | 0.14× | 0.27× | ||
| Q1 24 | 0.22× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
