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Liberty Broadband Corp（LBRDA）与Gentherm Inc（THRM）财务数据对比。点击上方公司名可切换其他公司
Gentherm Inc的季度营收约是Liberty Broadband Corp的1.5倍（$382.8M vs $261.0M），Liberty Broadband Corp净利率更高（146.7% vs 0.8%，领先146.0%），Gentherm Inc同比增速更快（8.5% vs 6.1%），Liberty Broadband Corp自由现金流更多（$37.0M vs $6.7M），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。
金瑟公司（原阿梅里贡）是一家美国热管理技术企业，为汽车行业研发出了全球首款热电调温座椅系统——气候控制座椅系统。该系统于1999年率先被福特汽车采纳，作为选装配置搭载在2000款林肯领航员上，如今已应用于福特、通用、丰田（雷克萨斯）、起亚、现代、日产（英菲尼迪）等车企的50余款车型。
LBRDA vs THRM — 直观对比
营收规模更大
THRM
是对方的1.5倍
$261.0M
营收增速更快
THRM
高出2.4%
6.1%
净利率更高
LBRDA
高出146.0%
0.8%
自由现金流更多
LBRDA
多$30.3M
$6.7M
两年增速更快
LBRDA
近两年复合增速
3.7%
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.0M | $382.8M |
| 净利润 | $383.0M | $3.0M |
| 毛利率 | — | 23.7% |
| 营业利润率 | 15.7% | 4.6% |
| 净利率 | 146.7% | 0.8% |
| 营收同比 | 6.1% | 8.5% |
| 净利润同比 | 96.4% | -80.5% |
| 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LBRDATHRM
| Q4 25 | — | $382.8M | ||
| Q3 25 | — | $386.9M | ||
| Q2 25 | $261.0M | $375.1M | ||
| Q1 25 | $266.0M | $353.9M | ||
| Q4 24 | $263.0M | $352.9M | ||
| Q3 24 | $262.0M | $371.5M | ||
| Q2 24 | $246.0M | $375.7M | ||
| Q1 24 | $245.0M | $356.0M |
净利润LBRDATHRM
| Q4 25 | — | $3.0M | ||
| Q3 25 | — | $14.9M | ||
| Q2 25 | $383.0M | $477.0K | ||
| Q1 25 | $268.0M | $-128.0K | ||
| Q4 24 | $291.0M | $15.3M | ||
| Q3 24 | $142.0M | $16.0M | ||
| Q2 24 | $195.0M | $18.9M | ||
| Q1 24 | $241.0M | $14.8M |
毛利率LBRDATHRM
| Q4 25 | — | 23.7% | ||
| Q3 25 | — | 24.6% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | 24.4% | ||
| Q4 24 | — | 24.4% | ||
| Q3 24 | — | 25.5% | ||
| Q2 24 | — | 25.7% | ||
| Q1 24 | — | 24.9% |
营业利润率LBRDATHRM
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 6.2% | ||
| Q2 25 | 15.7% | 6.4% | ||
| Q1 25 | 16.2% | 4.8% | ||
| Q4 24 | 4.9% | 6.7% | ||
| Q3 24 | 11.5% | 8.7% | ||
| Q2 24 | 8.5% | 8.8% | ||
| Q1 24 | 11.4% | 5.1% |
净利率LBRDATHRM
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | 146.7% | 0.1% | ||
| Q1 25 | 100.8% | -0.0% | ||
| Q4 24 | 110.6% | 4.3% | ||
| Q3 24 | 54.2% | 4.3% | ||
| Q2 24 | 79.3% | 5.0% | ||
| Q1 24 | 98.4% | 4.2% |
每股收益（稀释后）LBRDATHRM
| Q4 25 | — | $0.08 | ||
| Q3 25 | — | $0.49 | ||
| Q2 25 | $2.68 | $0.02 | ||
| Q1 25 | $1.87 | $0.00 | ||
| Q4 24 | $2.04 | $0.48 | ||
| Q3 24 | $0.99 | $0.51 | ||
| Q2 24 | $1.36 | $0.60 | ||
| Q1 24 | $1.69 | $0.47 |
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 | $160.8M |
| 总债务越低越好 | $3.1B | $189.0M |
| 股东权益账面价值 | $10.4B | $720.3M |
| 总资产 | $16.6B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.30× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资LBRDATHRM
| Q4 25 | — | $160.8M | ||
| Q3 25 | — | $154.3M | ||
| Q2 25 | $180.0M | $128.3M | ||
| Q1 25 | $226.0M | $163.1M | ||
| Q4 24 | $163.0M | $134.1M | ||
| Q3 24 | $168.0M | $150.6M | ||
| Q2 24 | $73.0M | $123.5M | ||
| Q1 24 | $108.0M | $125.1M |
总债务LBRDATHRM
| Q4 25 | — | $189.0M | ||
| Q3 25 | — | $189.0M | ||
| Q2 25 | $3.1B | $209.0M | ||
| Q1 25 | $3.8B | $262.0M | ||
| Q4 24 | $3.8B | $220.1M | ||
| Q3 24 | $3.7B | $222.1M | ||
| Q2 24 | $3.6B | $222.1M | ||
| Q1 24 | $3.6B | $222.2M |
股东权益LBRDATHRM
| Q4 25 | — | $720.3M | ||
| Q3 25 | — | $717.9M | ||
| Q2 25 | $10.4B | $699.7M | ||
| Q1 25 | $10.1B | $646.5M | ||
| Q4 24 | $9.8B | $616.9M | ||
| Q3 24 | $9.5B | $660.7M | ||
| Q2 24 | $9.3B | $640.3M | ||
| Q1 24 | $9.1B | $647.1M |
总资产LBRDATHRM
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $16.6B | $1.4B | ||
| Q1 25 | $17.0B | $1.3B | ||
| Q4 24 | $16.7B | $1.2B | ||
| Q3 24 | $16.3B | $1.3B | ||
| Q2 24 | $16.0B | $1.2B | ||
| Q1 24 | $15.7B | $1.3B |
负债/权益比LBRDATHRM
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | 0.30× | 0.30× | ||
| Q1 25 | 0.38× | 0.41× | ||
| Q4 24 | 0.38× | 0.36× | ||
| Q3 24 | 0.39× | 0.34× | ||
| Q2 24 | 0.39× | 0.35× | ||
| Q1 24 | 0.40× | 0.34× |
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 | $29.0M |
| 自由现金流经营现金流 - 资本支出 | $37.0M | $6.7M |
| 自由现金流率自由现金流/营收 | 14.2% | 1.7% |
| 资本支出强度资本支出/营收 | 20.7% | 5.8% |
| 现金转化率经营现金流/净利润 | 0.24× | 9.70× |
| 过去12个月自由现金流最近4个季度 | $-49.0M | $61.1M |
8季度趋势，按日历期对齐
经营现金流LBRDATHRM
| Q4 25 | — | $29.0M | ||
| Q3 25 | — | $56.1M | ||
| Q2 25 | $91.0M | $45.0M | ||
| Q1 25 | $78.0M | $-13.3M | ||
| Q4 24 | $1.0M | $36.6M | ||
| Q3 24 | $24.0M | $46.3M | ||
| Q2 24 | $27.0M | $37.1M | ||
| Q1 24 | $52.0M | $-10.3M |
自由现金流LBRDATHRM
| Q4 25 | — | $6.7M | ||
| Q3 25 | — | $46.5M | ||
| Q2 25 | $37.0M | $36.2M | ||
| Q1 25 | $13.0M | $-28.2M | ||
| Q4 24 | $-63.0M | $13.6M | ||
| Q3 24 | $-36.0M | $26.6M | ||
| Q2 24 | $-35.0M | $17.8M | ||
| Q1 24 | $-9.0M | $-21.6M |
自由现金流率LBRDATHRM
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 12.0% | ||
| Q2 25 | 14.2% | 9.6% | ||
| Q1 25 | 4.9% | -8.0% | ||
| Q4 24 | -24.0% | 3.9% | ||
| Q3 24 | -13.7% | 7.2% | ||
| Q2 24 | -14.2% | 4.7% | ||
| Q1 24 | -3.7% | -6.1% |
资本支出强度LBRDATHRM
| Q4 25 | — | 5.8% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | 20.7% | 2.4% | ||
| Q1 25 | 24.4% | 4.2% | ||
| Q4 24 | 24.3% | 6.5% | ||
| Q3 24 | 22.9% | 5.3% | ||
| Q2 24 | 25.2% | 5.2% | ||
| Q1 24 | 24.9% | 3.2% |
现金转化率LBRDATHRM
| Q4 25 | — | 9.70× | ||
| Q3 25 | — | 3.75× | ||
| Q2 25 | 0.24× | 94.43× | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 0.00× | 2.39× | ||
| Q3 24 | 0.17× | 2.90× | ||
| Q2 24 | 0.14× | 1.97× | ||
| Q1 24 | 0.22× | -0.70× |
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
THRM
| Climate Control Seats | $200.9M | 52% |
| Lumbar And Massage Comfort Solutions | $58.5M | 15% |
| Climate Control Interiors | $50.3M | 13% |
| Other Automotive | $27.6M | 7% |
| Valve Systems | $24.1M | 6% |
| Medical Segments | $13.9M | 4% |
| Climate And Comfort Electronics | $7.4M | 2% |
