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Liberty Broadband Corp（LBRDA）与MSA Safety Inc（MSA）财务数据对比。点击上方公司名可切换其他公司
MSA Safety Inc的季度营收约是Liberty Broadband Corp的2.0倍（$510.9M vs $261.0M），Liberty Broadband Corp净利率更高（146.7% vs 17.0%，领先129.7%），Liberty Broadband Corp同比增速更快（6.1% vs 2.2%），MSA Safety Inc自由现金流更多（$106.0M vs $37.0M），过去两年MSA Safety Inc的营收复合增速更高（11.2% 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。
MSA安全是美国专业安全设备生产供应商，面向建筑、军事、消防、化工、油气等存在高危作业场景的多个行业提供安全防护产品及解决方案，总部位于美国匹兹堡近郊的克兰伯里。
LBRDA vs MSA — 直观对比
营收规模更大
MSA
是对方的2.0倍
$261.0M
营收增速更快
LBRDA
高出3.9%
2.2%
净利率更高
LBRDA
高出129.7%
17.0%
自由现金流更多
MSA
多$69.0M
$37.0M
两年增速更快
MSA
近两年复合增速
4.3%
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.0M | $510.9M |
| 净利润 | $383.0M | $86.9M |
| 毛利率 | — | 46.9% |
| 营业利润率 | 15.7% | 22.3% |
| 净利率 | 146.7% | 17.0% |
| 营收同比 | 6.1% | 2.2% |
| 净利润同比 | 96.4% | -1.2% |
| 每股收益（稀释后） | $2.68 | $2.22 |
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LBRDAMSA
| Q4 25 | — | $510.9M | ||
| Q3 25 | — | $468.4M | ||
| Q2 25 | $261.0M | $474.1M | ||
| Q1 25 | $266.0M | $421.3M | ||
| Q4 24 | $263.0M | $499.7M | ||
| Q3 24 | $262.0M | $432.7M | ||
| Q2 24 | $246.0M | $462.5M | ||
| Q1 24 | $245.0M | $413.3M |
净利润LBRDAMSA
| Q4 25 | — | $86.9M | ||
| Q3 25 | — | $69.6M | ||
| Q2 25 | $383.0M | $62.8M | ||
| Q1 25 | $268.0M | $59.6M | ||
| Q4 24 | $291.0M | $87.9M | ||
| Q3 24 | $142.0M | $66.6M | ||
| Q2 24 | $195.0M | $72.2M | ||
| Q1 24 | $241.0M | $58.1M |
毛利率LBRDAMSA
| Q4 25 | — | 46.9% | ||
| Q3 25 | — | 46.5% | ||
| Q2 25 | — | 46.6% | ||
| Q1 25 | — | 45.9% | ||
| Q4 24 | — | 46.9% | ||
| Q3 24 | — | 47.9% | ||
| Q2 24 | — | 48.2% | ||
| Q1 24 | — | 47.3% |
营业利润率LBRDAMSA
| Q4 25 | — | 22.3% | ||
| Q3 25 | — | 20.1% | ||
| Q2 25 | 15.7% | 18.1% | ||
| Q1 25 | 16.2% | 18.5% | ||
| Q4 24 | 4.9% | 23.5% | ||
| Q3 24 | 11.5% | 21.1% | ||
| Q2 24 | 8.5% | 21.6% | ||
| Q1 24 | 11.4% | 19.4% |
净利率LBRDAMSA
| Q4 25 | — | 17.0% | ||
| Q3 25 | — | 14.9% | ||
| Q2 25 | 146.7% | 13.2% | ||
| Q1 25 | 100.8% | 14.1% | ||
| Q4 24 | 110.6% | 17.6% | ||
| Q3 24 | 54.2% | 15.4% | ||
| Q2 24 | 79.3% | 15.6% | ||
| Q1 24 | 98.4% | 14.1% |
每股收益（稀释后）LBRDAMSA
| Q4 25 | — | $2.22 | ||
| Q3 25 | — | $1.77 | ||
| Q2 25 | $2.68 | $1.59 | ||
| Q1 25 | $1.87 | $1.51 | ||
| Q4 24 | $2.04 | $2.22 | ||
| Q3 24 | $0.99 | $1.69 | ||
| Q2 24 | $1.36 | $1.83 | ||
| Q1 24 | $1.69 | $1.47 |
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 | $165.1M |
| 总债务越低越好 | $3.1B | $580.9M |
| 股东权益账面价值 | $10.4B | $1.4B |
| 总资产 | $16.6B | $2.6B |
| 负债/权益比越低杠杆越低 | 0.30× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资LBRDAMSA
| Q4 25 | — | $165.1M | ||
| Q3 25 | — | $170.0M | ||
| Q2 25 | $180.0M | $147.0M | ||
| Q1 25 | $226.0M | $170.6M | ||
| Q4 24 | $163.0M | $164.6M | ||
| Q3 24 | $168.0M | $154.4M | ||
| Q2 24 | $73.0M | $146.8M | ||
| Q1 24 | $108.0M | $148.3M |
总债务LBRDAMSA
| Q4 25 | — | $580.9M | ||
| Q3 25 | — | $628.6M | ||
| Q2 25 | $3.1B | $679.3M | ||
| Q1 25 | $3.8B | $502.1M | ||
| Q4 24 | $3.8B | $508.0M | ||
| Q3 24 | $3.7B | $554.7M | ||
| Q2 24 | $3.6B | $588.2M | ||
| Q1 24 | $3.6B | $596.2M |
股东权益LBRDAMSA
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | $10.4B | $1.3B | ||
| Q1 25 | $10.1B | $1.2B | ||
| Q4 24 | $9.8B | $1.1B | ||
| Q3 24 | $9.5B | $1.1B | ||
| Q2 24 | $9.3B | $1.0B | ||
| Q1 24 | $9.1B | $994.8M |
总资产LBRDAMSA
| Q4 25 | — | $2.6B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | $16.6B | $2.6B | ||
| Q1 25 | $17.0B | $2.2B | ||
| Q4 24 | $16.7B | $2.2B | ||
| Q3 24 | $16.3B | $2.2B | ||
| Q2 24 | $16.0B | $2.2B | ||
| Q1 24 | $15.7B | $2.2B |
负债/权益比LBRDAMSA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | 0.30× | 0.54× | ||
| Q1 25 | 0.38× | 0.42× | ||
| Q4 24 | 0.38× | 0.44× | ||
| Q3 24 | 0.39× | 0.51× | ||
| Q2 24 | 0.39× | 0.57× | ||
| Q1 24 | 0.40× | 0.60× |
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 | $122.4M |
| 自由现金流经营现金流 - 资本支出 | $37.0M | $106.0M |
| 自由现金流率自由现金流/营收 | 14.2% | 20.8% |
| 资本支出强度资本支出/营收 | 20.7% | 3.2% |
| 现金转化率经营现金流/净利润 | 0.24× | 1.41× |
| 过去12个月自由现金流最近4个季度 | $-49.0M | $295.4M |
8季度趋势，按日历期对齐
经营现金流LBRDAMSA
| Q4 25 | — | $122.4M | ||
| Q3 25 | — | $112.5M | ||
| Q2 25 | $91.0M | $67.2M | ||
| Q1 25 | $78.0M | $61.8M | ||
| Q4 24 | $1.0M | $107.9M | ||
| Q3 24 | $24.0M | $84.3M | ||
| Q2 24 | $27.0M | $53.3M | ||
| Q1 24 | $52.0M | $50.9M |
自由现金流LBRDAMSA
| Q4 25 | — | $106.0M | ||
| Q3 25 | — | $100.5M | ||
| Q2 25 | $37.0M | $37.9M | ||
| Q1 25 | $13.0M | $51.0M | ||
| Q4 24 | $-63.0M | $93.5M | ||
| Q3 24 | $-36.0M | $70.1M | ||
| Q2 24 | $-35.0M | $39.0M | ||
| Q1 24 | $-9.0M | $39.7M |
自由现金流率LBRDAMSA
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 21.4% | ||
| Q2 25 | 14.2% | 8.0% | ||
| Q1 25 | 4.9% | 12.1% | ||
| Q4 24 | -24.0% | 18.7% | ||
| Q3 24 | -13.7% | 16.2% | ||
| Q2 24 | -14.2% | 8.4% | ||
| Q1 24 | -3.7% | 9.6% |
资本支出强度LBRDAMSA
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | 20.7% | 6.2% | ||
| Q1 25 | 24.4% | 2.6% | ||
| Q4 24 | 24.3% | 2.9% | ||
| Q3 24 | 22.9% | 3.3% | ||
| Q2 24 | 25.2% | 3.1% | ||
| Q1 24 | 24.9% | 2.7% |
现金转化率LBRDAMSA
| Q4 25 | — | 1.41× | ||
| Q3 25 | — | 1.62× | ||
| Q2 25 | 0.24× | 1.07× | ||
| Q1 25 | 0.29× | 1.04× | ||
| Q4 24 | 0.00× | 1.23× | ||
| Q3 24 | 0.17× | 1.27× | ||
| Q2 24 | 0.14× | 0.74× | ||
| Q1 24 | 0.22× | 0.88× |
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
MSA
| Americas Segment | $335.2M | 66% |
| International Segment | $175.7M | 34% |
