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Liberty Broadband Corp（LBRDA）与医疗房产信托（SVC）财务数据对比。点击上方公司名可切换其他公司
医疗房产信托的季度营收约是Liberty Broadband Corp的1.1倍（$296.5M vs $261.0M），Liberty Broadband Corp净利率更高（146.7% vs -0.3%，领先147.0%），Liberty Broadband Corp同比增速更快（6.1% vs -17.0%），Liberty Broadband Corp自由现金流更多（$37.0M vs $-95.2M），过去两年Liberty Broadband Corp的营收复合增速更高（4.3% vs -6.1%）
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。
医疗房产信托（MPT）是总部位于阿拉巴马州伯明翰的国际房地产投资信托（REIT），主要在美国和欧洲地区收购投资医疗设施与营利性医疗控股公司。该公司的房产收购多采用售后回租模式，原产权方出售房产给MPT后成为承租租户，其租户普遍签订长期三净租约。
LBRDA vs SVC — 直观对比
营收规模更大
SVC
是对方的1.1倍
$261.0M
营收增速更快
LBRDA
高出23.1%
-17.0%
净利率更高
LBRDA
高出147.0%
-0.3%
自由现金流更多
LBRDA
多$132.2M
$-95.2M
两年增速更快
LBRDA
近两年复合增速
-6.1%
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.0M | $296.5M |
| 净利润 | $383.0M | $-782.0K |
| 毛利率 | — | — |
| 营业利润率 | 15.7% | -3.9% |
| 净利率 | 146.7% | -0.3% |
| 营收同比 | 6.1% | -17.0% |
| 净利润同比 | 96.4% | 99.0% |
| 每股收益（稀释后） | $2.68 | $-0.01 |
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LBRDASVC
| Q4 25 | — | $296.5M | ||
| Q3 25 | — | $377.6M | ||
| Q2 25 | $261.0M | $404.4M | ||
| Q1 25 | $266.0M | $335.0M | ||
| Q4 24 | $263.0M | $357.0M | ||
| Q3 24 | $262.0M | $390.9M | ||
| Q2 24 | $246.0M | $412.5M | ||
| Q1 24 | $245.0M | $336.2M |
净利润LBRDASVC
| Q4 25 | — | $-782.0K | ||
| Q3 25 | — | $-46.9M | ||
| Q2 25 | $383.0M | $-38.2M | ||
| Q1 25 | $268.0M | $-116.4M | ||
| Q4 24 | $291.0M | $-76.4M | ||
| Q3 24 | $142.0M | $-46.9M | ||
| Q2 24 | $195.0M | $-73.8M | ||
| Q1 24 | $241.0M | $-78.4M |
营业利润率LBRDASVC
| Q4 25 | — | -3.9% | ||
| Q3 25 | — | -12.8% | ||
| Q2 25 | 15.7% | -9.2% | ||
| Q1 25 | 16.2% | -33.3% | ||
| Q4 24 | 4.9% | -19.4% | ||
| Q3 24 | 11.5% | -12.8% | ||
| Q2 24 | 8.5% | -17.1% | ||
| Q1 24 | 11.4% | -21.4% |
净利率LBRDASVC
| Q4 25 | — | -0.3% | ||
| Q3 25 | — | -12.4% | ||
| Q2 25 | 146.7% | -9.4% | ||
| Q1 25 | 100.8% | -34.8% | ||
| Q4 24 | 110.6% | -21.4% | ||
| Q3 24 | 54.2% | -12.0% | ||
| Q2 24 | 79.3% | -17.9% | ||
| Q1 24 | 98.4% | -23.3% |
每股收益（稀释后）LBRDASVC
| Q4 25 | — | $-0.01 | ||
| Q3 25 | — | $-0.28 | ||
| Q2 25 | $2.68 | $-0.23 | ||
| Q1 25 | $1.87 | $-0.70 | ||
| Q4 24 | $2.04 | $-0.46 | ||
| Q3 24 | $0.99 | $-0.28 | ||
| Q2 24 | $1.36 | $-0.45 | ||
| Q1 24 | $1.69 | $-0.48 |
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 | $346.8M |
| 总债务越低越好 | $3.1B | $5.5B |
| 股东权益账面价值 | $10.4B | $646.1M |
| 总资产 | $16.6B | $6.5B |
| 负债/权益比越低杠杆越低 | 0.30× | 8.52× |
8季度趋势，按日历期对齐
现金及短期投资LBRDASVC
| Q4 25 | — | $346.8M | ||
| Q3 25 | — | $417.4M | ||
| Q2 25 | $180.0M | $63.2M | ||
| Q1 25 | $226.0M | $80.1M | ||
| Q4 24 | $163.0M | $143.5M | ||
| Q3 24 | $168.0M | $48.6M | ||
| Q2 24 | $73.0M | $14.6M | ||
| Q1 24 | $108.0M | $71.3M |
总债务LBRDASVC
| Q4 25 | — | $5.5B | ||
| Q3 25 | — | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.8B | $5.8B | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.6B | — | ||
| Q1 24 | $3.6B | — |
股东权益LBRDASVC
| Q4 25 | — | $646.1M | ||
| Q3 25 | — | $647.9M | ||
| Q2 25 | $10.4B | $695.9M | ||
| Q1 25 | $10.1B | $734.6M | ||
| Q4 24 | $9.8B | $851.9M | ||
| Q3 24 | $9.5B | $929.0M | ||
| Q2 24 | $9.3B | $1.0B | ||
| Q1 24 | $9.1B | $1.1B |
总资产LBRDASVC
| Q4 25 | — | $6.5B | ||
| Q3 25 | — | $7.0B | ||
| Q2 25 | $16.6B | $6.9B | ||
| Q1 25 | $17.0B | $7.0B | ||
| Q4 24 | $16.7B | $7.1B | ||
| Q3 24 | $16.3B | $7.1B | ||
| Q2 24 | $16.0B | $7.1B | ||
| Q1 24 | $15.7B | $7.2B |
负债/权益比LBRDASVC
| Q4 25 | — | 8.52× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.30× | — | ||
| Q1 25 | 0.38× | — | ||
| Q4 24 | 0.38× | 6.85× | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.39× | — | ||
| Q1 24 | 0.40× | — |
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 | $-18.5M |
| 自由现金流经营现金流 - 资本支出 | $37.0M | $-95.2M |
| 自由现金流率自由现金流/营收 | 14.2% | -32.1% |
| 资本支出强度资本支出/营收 | 20.7% | 25.9% |
| 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 | $-107.0M |
8季度趋势，按日历期对齐
经营现金流LBRDASVC
| Q4 25 | — | $-18.5M | ||
| Q3 25 | — | $98.1M | ||
| Q2 25 | $91.0M | $-7.0K | ||
| Q1 25 | $78.0M | $38.2M | ||
| Q4 24 | $1.0M | $-9.7M | ||
| Q3 24 | $24.0M | $106.2M | ||
| Q2 24 | $27.0M | $43.8M | ||
| Q1 24 | $52.0M | $-926.0K |
自由现金流LBRDASVC
| Q4 25 | — | $-95.2M | ||
| Q3 25 | — | $57.9M | ||
| Q2 25 | $37.0M | $-46.6M | ||
| Q1 25 | $13.0M | $-23.2M | ||
| Q4 24 | $-63.0M | $-88.9M | ||
| Q3 24 | $-36.0M | $24.1M | ||
| Q2 24 | $-35.0M | $-22.3M | ||
| Q1 24 | $-9.0M | $-77.2M |
自由现金流率LBRDASVC
| Q4 25 | — | -32.1% | ||
| Q3 25 | — | 15.3% | ||
| Q2 25 | 14.2% | -11.5% | ||
| Q1 25 | 4.9% | -6.9% | ||
| Q4 24 | -24.0% | -24.9% | ||
| Q3 24 | -13.7% | 6.2% | ||
| Q2 24 | -14.2% | -5.4% | ||
| Q1 24 | -3.7% | -23.0% |
资本支出强度LBRDASVC
| Q4 25 | — | 25.9% | ||
| Q3 25 | — | 10.6% | ||
| Q2 25 | 20.7% | 11.5% | ||
| Q1 25 | 24.4% | 18.3% | ||
| Q4 24 | 24.3% | 22.2% | ||
| Q3 24 | 22.9% | 21.0% | ||
| Q2 24 | 25.2% | 16.0% | ||
| Q1 24 | 24.9% | 22.7% |
现金转化率LBRDASVC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.24× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 0.00× | — | ||
| 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
