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Liberty Broadband Corp（LBRDA）与MALIBU BOATS, INC.（MBUU）财务数据对比。点击上方公司名可切换其他公司
Liberty Broadband Corp的季度营收约是MALIBU BOATS, INC.的1.4倍（$261.0M vs $188.6M），Liberty Broadband Corp净利率更高（146.7% vs -1.3%，领先148.0%），Liberty Broadband Corp同比增速更快（6.1% vs -5.8%），Liberty Broadband Corp自由现金流更多（$37.0M vs $8.2M），过去两年Liberty Broadband Corp的营收复合增速更高（4.3% vs -3.7%）
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。
马里布游艇是美国休闲游艇制造商，1982年创立于加利福尼亚州默塞德，现总部位于田纳西州洛登，在澳大利亚新南威尔士州也设有生产基地。它是全球最大的水上运动拖船制造商，产品可供休闲使用，也应用于滑水、尾波滑板等各类赛事活动。
LBRDA vs MBUU — 直观对比
营收规模更大
LBRDA
是对方的1.4倍
$188.6M
营收增速更快
LBRDA
高出11.9%
-5.8%
净利率更高
LBRDA
高出148.0%
-1.3%
自由现金流更多
LBRDA
多$28.8M
$8.2M
两年增速更快
LBRDA
近两年复合增速
-3.7%
损益表 — Q2 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $261.0M | $188.6M |
| 净利润 | $383.0M | $-2.5M |
| 毛利率 | — | 13.3% |
| 营业利润率 | 15.7% | -1.9% |
| 净利率 | 146.7% | -1.3% |
| 营收同比 | 6.1% | -5.8% |
| 净利润同比 | 96.4% | -204.2% |
| 每股收益（稀释后） | $2.68 | $-0.13 |
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LBRDAMBUU
| Q4 25 | — | $188.6M | ||
| Q3 25 | — | $194.7M | ||
| Q2 25 | $261.0M | $207.0M | ||
| Q1 25 | $266.0M | $228.7M | ||
| Q4 24 | $263.0M | $200.3M | ||
| Q3 24 | $262.0M | $171.6M | ||
| Q2 24 | $246.0M | $158.7M | ||
| Q1 24 | $245.0M | $203.4M |
净利润LBRDAMBUU
| Q4 25 | — | $-2.5M | ||
| Q3 25 | — | $-702.0K | ||
| Q2 25 | $383.0M | $4.7M | ||
| Q1 25 | $268.0M | $12.9M | ||
| Q4 24 | $291.0M | $2.4M | ||
| Q3 24 | $142.0M | $-5.0M | ||
| Q2 24 | $195.0M | $-19.2M | ||
| Q1 24 | $241.0M | $-66.8M |
毛利率LBRDAMBUU
| Q4 25 | — | 13.3% | ||
| Q3 25 | — | 14.3% | ||
| Q2 25 | — | 15.8% | ||
| Q1 25 | — | 20.0% | ||
| Q4 24 | — | 18.7% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 7.9% | ||
| Q1 24 | — | 19.8% |
营业利润率LBRDAMBUU
| Q4 25 | — | -1.9% | ||
| Q3 25 | — | -0.4% | ||
| Q2 25 | 15.7% | 3.3% | ||
| Q1 25 | 16.2% | 7.6% | ||
| Q4 24 | 4.9% | 1.6% | ||
| Q3 24 | 11.5% | -3.3% | ||
| Q2 24 | 8.5% | -15.4% | ||
| Q1 24 | 11.4% | -36.8% |
净利率LBRDAMBUU
| Q4 25 | — | -1.3% | ||
| Q3 25 | — | -0.4% | ||
| Q2 25 | 146.7% | 2.3% | ||
| Q1 25 | 100.8% | 5.6% | ||
| Q4 24 | 110.6% | 1.2% | ||
| Q3 24 | 54.2% | -2.9% | ||
| Q2 24 | 79.3% | -12.1% | ||
| Q1 24 | 98.4% | -32.9% |
每股收益（稀释后）LBRDAMBUU
| Q4 25 | — | $-0.13 | ||
| Q3 25 | — | $-0.04 | ||
| Q2 25 | $2.68 | $0.23 | ||
| Q1 25 | $1.87 | $0.66 | ||
| Q4 24 | $2.04 | $0.12 | ||
| Q3 24 | $0.99 | $-0.25 | ||
| Q2 24 | $1.36 | $-0.93 | ||
| Q1 24 | $1.69 | $-3.28 |
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 | $28.2M |
| 总债务越低越好 | $3.1B | $20.0M |
| 股东权益账面价值 | $10.4B | $495.0M |
| 总资产 | $16.6B | $715.7M |
| 负债/权益比越低杠杆越低 | 0.30× | 0.04× |
8季度趋势，按日历期对齐
现金及短期投资LBRDAMBUU
| Q4 25 | — | $28.2M | ||
| Q3 25 | — | $44.1M | ||
| Q2 25 | $180.0M | $37.0M | ||
| Q1 25 | $226.0M | $38.7M | ||
| Q4 24 | $163.0M | $35.1M | ||
| Q3 24 | $168.0M | $27.7M | ||
| Q2 24 | $73.0M | $26.9M | ||
| Q1 24 | $108.0M | $47.1M |
总债务LBRDAMBUU
| Q4 25 | — | $20.0M | ||
| Q3 25 | — | $23.0M | ||
| Q2 25 | $3.1B | $18.0M | ||
| Q1 25 | $3.8B | $28.0M | ||
| Q4 24 | $3.8B | $23.0M | ||
| Q3 24 | $3.7B | $28.0M | ||
| Q2 24 | $3.6B | $0 | ||
| Q1 24 | $3.6B | $15.0M |
股东权益LBRDAMBUU
| Q4 25 | — | $495.0M | ||
| Q3 25 | — | $516.4M | ||
| Q2 25 | $10.4B | $515.5M | ||
| Q1 25 | $10.1B | $513.0M | ||
| Q4 24 | $9.8B | $509.8M | ||
| Q3 24 | $9.5B | $517.7M | ||
| Q2 24 | $9.3B | $530.0M | ||
| Q1 24 | $9.1B | $557.2M |
总资产LBRDAMBUU
| Q4 25 | — | $715.7M | ||
| Q3 25 | — | $755.6M | ||
| Q2 25 | $16.6B | $734.6M | ||
| Q1 25 | $17.0B | $758.8M | ||
| Q4 24 | $16.7B | $738.7M | ||
| Q3 24 | $16.3B | $759.1M | ||
| Q2 24 | $16.0B | $739.6M | ||
| Q1 24 | $15.7B | $797.6M |
负债/权益比LBRDAMBUU
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.04× | ||
| Q2 25 | 0.30× | 0.03× | ||
| Q1 25 | 0.38× | 0.05× | ||
| Q4 24 | 0.38× | 0.05× | ||
| Q3 24 | 0.39× | 0.05× | ||
| Q2 24 | 0.39× | 0.00× | ||
| Q1 24 | 0.40× | 0.03× |
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 | $12.6M |
| 自由现金流经营现金流 - 资本支出 | $37.0M | $8.2M |
| 自由现金流率自由现金流/营收 | 14.2% | 4.4% |
| 资本支出强度资本支出/营收 | 20.7% | 2.3% |
| 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 | $33.3M |
8季度趋势，按日历期对齐
经营现金流LBRDAMBUU
| Q4 25 | — | $12.6M | ||
| Q3 25 | — | $6.5M | ||
| Q2 25 | $91.0M | $21.0M | ||
| Q1 25 | $78.0M | $15.5M | ||
| Q4 24 | $1.0M | $28.4M | ||
| Q3 24 | $24.0M | $-8.4M | ||
| Q2 24 | $27.0M | $16.3M | ||
| Q1 24 | $52.0M | $23.5M |
自由现金流LBRDAMBUU
| Q4 25 | — | $8.2M | ||
| Q3 25 | — | $2.2M | ||
| Q2 25 | $37.0M | $14.1M | ||
| Q1 25 | $13.0M | $8.8M | ||
| Q4 24 | $-63.0M | $22.8M | ||
| Q3 24 | $-36.0M | $-17.0M | ||
| Q2 24 | $-35.0M | $4.5M | ||
| Q1 24 | $-9.0M | $11.5M |
自由现金流率LBRDAMBUU
| Q4 25 | — | 4.4% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | 14.2% | 6.8% | ||
| Q1 25 | 4.9% | 3.8% | ||
| Q4 24 | -24.0% | 11.4% | ||
| Q3 24 | -13.7% | -9.9% | ||
| Q2 24 | -14.2% | 2.8% | ||
| Q1 24 | -3.7% | 5.7% |
资本支出强度LBRDAMBUU
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | 20.7% | 3.4% | ||
| Q1 25 | 24.4% | 2.9% | ||
| Q4 24 | 24.3% | 2.8% | ||
| Q3 24 | 22.9% | 5.0% | ||
| Q2 24 | 25.2% | 7.5% | ||
| Q1 24 | 24.9% | 5.9% |
现金转化率LBRDAMBUU
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.24× | 4.50× | ||
| Q1 25 | 0.29× | 1.20× | ||
| Q4 24 | 0.00× | 12.02× | ||
| Q3 24 | 0.17× | — | ||
| Q2 24 | 0.14× | — | ||
| 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
业务分部营收拆解
LBRDA
暂无分部数据
MBUU
| Boatand Trailer Sales | $68.1M | 36% |
| Saltwater Fishing | $65.3M | 35% |
| Cobalt | $52.6M | 28% |
| Part And Other Sales | $2.6M | 1% |
