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Liberty Broadband Corp（LBRDA）与Wheels Up Experience Inc.（UP）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Wheels Up Experience Inc.的1.4倍（$261.0M vs $183.8M），Liberty Broadband Corp净利率更高（146.7% vs -15.7%，领先162.4%），Liberty Broadband Corp同比增速更快（6.1% vs -10.2%），Liberty Broadband Corp自由现金流更多（$37.0M vs $-58.3M），过去两年Liberty Broadband Corp的营收复合增速更高（4.3% vs -3.4%）
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。
Wheels Up是美国领先的按需私人航空服务提供商，也是全球规模最大的私人航空企业之一。公司由肯尼·迪希特创立于2013年，采用会员制按需服务的商业模式，会员可通过移动应用程序，从公司自有机队及第三方运营商处预订私人飞机出行。
LBRDA vs UP — 直观对比
营收规模更大
LBRDA
是对方的1.4倍
$183.8M
营收增速更快
LBRDA
高出16.3%
-10.2%
净利率更高
LBRDA
高出162.4%
-15.7%
自由现金流更多
LBRDA
多$95.3M
$-58.3M
两年增速更快
LBRDA
近两年复合增速
-3.4%
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.0M | $183.8M |
| 净利润 | $383.0M | $-28.9M |
| 毛利率 | — | 14.3% |
| 营业利润率 | 15.7% | -0.9% |
| 净利率 | 146.7% | -15.7% |
| 营收同比 | 6.1% | -10.2% |
| 净利润同比 | 96.4% | 67.0% |
| 每股收益（稀释后） | $2.68 | $-0.04 |
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LBRDAUP
| Q4 25 | — | $183.8M | ||
| Q3 25 | — | $185.5M | ||
| Q2 25 | $261.0M | $189.6M | ||
| Q1 25 | $266.0M | $177.5M | ||
| Q4 24 | $263.0M | $204.8M | ||
| Q3 24 | $262.0M | $193.9M | ||
| Q2 24 | $246.0M | $196.3M | ||
| Q1 24 | $245.0M | $197.1M |
净利润LBRDAUP
| Q4 25 | — | $-28.9M | ||
| Q3 25 | — | $-83.7M | ||
| Q2 25 | $383.0M | $-82.3M | ||
| Q1 25 | $268.0M | $-99.3M | ||
| Q4 24 | $291.0M | $-87.5M | ||
| Q3 24 | $142.0M | $-57.7M | ||
| Q2 24 | $195.0M | $-97.0M | ||
| Q1 24 | $241.0M | $-97.4M |
毛利率LBRDAUP
| Q4 25 | — | 14.3% | ||
| Q3 25 | — | 6.8% | ||
| Q2 25 | — | 8.3% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 13.9% | ||
| Q3 24 | — | 13.9% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | -0.6% |
营业利润率LBRDAUP
| Q4 25 | — | -0.9% | ||
| Q3 25 | — | -33.1% | ||
| Q2 25 | 15.7% | -31.4% | ||
| Q1 25 | 16.2% | -45.5% | ||
| Q4 24 | 4.9% | -26.0% | ||
| Q3 24 | 11.5% | -21.6% | ||
| Q2 24 | 8.5% | -40.3% | ||
| Q1 24 | 11.4% | -42.9% |
净利率LBRDAUP
| Q4 25 | — | -15.7% | ||
| Q3 25 | — | -45.1% | ||
| Q2 25 | 146.7% | -43.4% | ||
| Q1 25 | 100.8% | -55.9% | ||
| Q4 24 | 110.6% | -42.7% | ||
| Q3 24 | 54.2% | -29.8% | ||
| Q2 24 | 79.3% | -49.4% | ||
| Q1 24 | 98.4% | -49.4% |
每股收益（稀释后）LBRDAUP
| Q4 25 | — | $-0.04 | ||
| Q3 25 | — | $-0.12 | ||
| Q2 25 | $2.68 | $-0.12 | ||
| Q1 25 | $1.87 | $-0.14 | ||
| Q4 24 | $2.04 | $-0.13 | ||
| Q3 24 | $0.99 | $-0.08 | ||
| Q2 24 | $1.36 | $-0.14 | ||
| Q1 24 | $1.69 | $-0.14 |
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 | $133.9M |
| 总债务越低越好 | $3.1B | $671.3M |
| 股东权益账面价值 | $10.4B | $-392.1M |
| 总资产 | $16.6B | $968.8M |
| 负债/权益比越低杠杆越低 | 0.30× | — |
8季度趋势，按日历期对齐
现金及短期投资LBRDAUP
| Q4 25 | — | $133.9M | ||
| Q3 25 | — | $125.3M | ||
| Q2 25 | $180.0M | $107.0M | ||
| Q1 25 | $226.0M | $171.8M | ||
| Q4 24 | $163.0M | $216.4M | ||
| Q3 24 | $168.0M | $115.9M | ||
| Q2 24 | $73.0M | $141.5M | ||
| Q1 24 | $108.0M | $180.9M |
总债务LBRDAUP
| Q4 25 | — | $671.3M | ||
| Q3 25 | — | $766.5M | ||
| Q2 25 | $3.1B | $770.5M | ||
| Q1 25 | $3.8B | $765.8M | ||
| Q4 24 | $3.8B | $761.3M | ||
| Q3 24 | $3.7B | $596.9M | ||
| Q2 24 | $3.6B | $597.4M | ||
| Q1 24 | $3.6B | $603.2M |
股东权益LBRDAUP
| Q4 25 | — | $-392.1M | ||
| Q3 25 | — | $-374.5M | ||
| Q2 25 | $10.4B | $-347.8M | ||
| Q1 25 | $10.1B | $-288.1M | ||
| Q4 24 | $9.8B | $-202.1M | ||
| Q3 24 | $9.5B | $-117.7M | ||
| Q2 24 | $9.3B | $-72.2M | ||
| Q1 24 | $9.1B | $936.0K |
总资产LBRDAUP
| Q4 25 | — | $968.8M | ||
| Q3 25 | — | $973.0M | ||
| Q2 25 | $16.6B | $1.0B | ||
| Q1 25 | $17.0B | $1.1B | ||
| Q4 24 | $16.7B | $1.2B | ||
| Q3 24 | $16.3B | $1.0B | ||
| Q2 24 | $16.0B | $1.1B | ||
| Q1 24 | $15.7B | $1.2B |
负债/权益比LBRDAUP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.30× | — | ||
| Q1 25 | 0.38× | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.39× | — | ||
| Q1 24 | 0.40× | 644.43× |
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 | $-18.4M |
| 自由现金流经营现金流 - 资本支出 | $37.0M | $-58.3M |
| 自由现金流率自由现金流/营收 | 14.2% | -31.7% |
| 资本支出强度资本支出/营收 | 20.7% | 21.7% |
| 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 | $-259.9M |
8季度趋势，按日历期对齐
经营现金流LBRDAUP
| Q4 25 | — | $-18.4M | ||
| Q3 25 | — | $-37.1M | ||
| Q2 25 | $91.0M | $-62.9M | ||
| Q1 25 | $78.0M | $-47.9M | ||
| Q4 24 | $1.0M | $37.9M | ||
| Q3 24 | $24.0M | $-16.9M | ||
| Q2 24 | $27.0M | $-25.2M | ||
| Q1 24 | $52.0M | $-73.8M |
自由现金流LBRDAUP
| Q4 25 | — | $-58.3M | ||
| Q3 25 | — | $-60.4M | ||
| Q2 25 | $37.0M | $-78.6M | ||
| Q1 25 | $13.0M | $-62.6M | ||
| Q4 24 | $-63.0M | $-70.2M | ||
| Q3 24 | $-36.0M | $-21.9M | ||
| Q2 24 | $-35.0M | $-30.8M | ||
| Q1 24 | $-9.0M | $-77.8M |
自由现金流率LBRDAUP
| Q4 25 | — | -31.7% | ||
| Q3 25 | — | -32.6% | ||
| Q2 25 | 14.2% | -41.5% | ||
| Q1 25 | 4.9% | -35.3% | ||
| Q4 24 | -24.0% | -34.3% | ||
| Q3 24 | -13.7% | -11.3% | ||
| Q2 24 | -14.2% | -15.7% | ||
| Q1 24 | -3.7% | -39.5% |
资本支出强度LBRDAUP
| Q4 25 | — | 21.7% | ||
| Q3 25 | — | 12.5% | ||
| Q2 25 | 20.7% | 8.3% | ||
| Q1 25 | 24.4% | 8.3% | ||
| Q4 24 | 24.3% | 52.8% | ||
| Q3 24 | 22.9% | 2.6% | ||
| Q2 24 | 25.2% | 2.9% | ||
| Q1 24 | 24.9% | 2.0% |
现金转化率LBRDAUP
| 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
