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Liberty Broadband Corp（LBRDA）与VIRTUS INVESTMENT PARTNERS, INC.（VRTS）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VIRTUS INVESTMENT PARTNERS, INC.的1.3倍（$261.0M vs $199.5M），Liberty Broadband Corp净利率更高（146.7% vs 3.6%，领先143.2%），Liberty Broadband Corp同比增速更快（6.1% vs -4.1%），过去两年Liberty Broadband Corp的营收复合增速更高（4.3% vs -5.7%）
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。
Virtus Investment Partners是一家美国多管理人资产管理企业，旗下汇集多家具备独立投资流程与自有品牌的关联投资管理人，同时也提供非关联子投资顾问服务，为客户提供多元化的资产管理解决方案。
LBRDA vs VRTS — 直观对比
营收规模更大
LBRDA
是对方的1.3倍
$199.5M
营收增速更快
LBRDA
高出10.2%
-4.1%
净利率更高
LBRDA
高出143.2%
3.6%
两年增速更快
LBRDA
近两年复合增速
-5.7%
损益表 — Q2 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $261.0M | $199.5M |
| 净利润 | $383.0M | $7.1M |
| 毛利率 | — | — |
| 营业利润率 | 15.7% | 7.7% |
| 净利率 | 146.7% | 3.6% |
| 营收同比 | 6.1% | -4.1% |
| 净利润同比 | 96.4% | -78.1% |
| 每股收益（稀释后） | $2.68 | $1.05 |
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LBRDAVRTS
| Q1 26 | — | $199.5M | ||
| Q4 25 | — | $208.0M | ||
| Q3 25 | — | $216.4M | ||
| Q2 25 | $261.0M | $210.5M | ||
| Q1 25 | $266.0M | $217.9M | ||
| Q4 24 | $263.0M | $233.5M | ||
| Q3 24 | $262.0M | $227.0M | ||
| Q2 24 | $246.0M | $224.4M |
净利润LBRDAVRTS
| Q1 26 | — | $7.1M | ||
| Q4 25 | — | $33.9M | ||
| Q3 25 | — | $31.3M | ||
| Q2 25 | $383.0M | $42.7M | ||
| Q1 25 | $268.0M | $28.1M | ||
| Q4 24 | $291.0M | $39.5M | ||
| Q3 24 | $142.0M | $49.1M | ||
| Q2 24 | $195.0M | $26.0M |
营业利润率LBRDAVRTS
| Q1 26 | — | 7.7% | ||
| Q4 25 | — | 19.1% | ||
| Q3 25 | — | 21.7% | ||
| Q2 25 | 15.7% | 21.5% | ||
| Q1 25 | 16.2% | 16.8% | ||
| Q4 24 | 4.9% | 21.7% | ||
| Q3 24 | 11.5% | 24.3% | ||
| Q2 24 | 8.5% | 19.7% |
净利率LBRDAVRTS
| Q1 26 | — | 3.6% | ||
| Q4 25 | — | 16.3% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | 146.7% | 20.3% | ||
| Q1 25 | 100.8% | 12.9% | ||
| Q4 24 | 110.6% | 16.9% | ||
| Q3 24 | 54.2% | 21.6% | ||
| Q2 24 | 79.3% | 11.6% |
每股收益（稀释后）LBRDAVRTS
| Q1 26 | — | $1.05 | ||
| Q4 25 | — | $5.15 | ||
| Q3 25 | — | $4.65 | ||
| Q2 25 | $2.68 | $6.12 | ||
| Q1 25 | $1.87 | $4.05 | ||
| Q4 24 | $2.04 | $4.65 | ||
| Q3 24 | $0.99 | $5.71 | ||
| Q2 24 | $1.36 | $2.43 |
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 | $136.6M |
| 总债务越低越好 | $3.1B | — |
| 股东权益账面价值 | $10.4B | $93.6B |
| 总资产 | $16.6B | — |
| 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LBRDAVRTS
| Q1 26 | — | $136.6M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $180.0M | — | ||
| Q1 25 | $226.0M | — | ||
| Q4 24 | $163.0M | — | ||
| Q3 24 | $168.0M | — | ||
| Q2 24 | $73.0M | — |
总债务LBRDAVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | $3.1B | $231.3M | ||
| Q1 25 | $3.8B | $231.7M | ||
| Q4 24 | $3.8B | $232.1M | ||
| Q3 24 | $3.7B | $237.5M | ||
| Q2 24 | $3.6B | $247.6M |
股东权益LBRDAVRTS
| Q1 26 | — | $93.6B | ||
| Q4 25 | — | $934.0M | ||
| Q3 25 | — | $918.7M | ||
| Q2 25 | $10.4B | $896.4M | ||
| Q1 25 | $10.1B | $893.7M | ||
| Q4 24 | $9.8B | $897.5M | ||
| Q3 24 | $9.5B | $889.0M | ||
| Q2 24 | $9.3B | $868.7M |
总资产LBRDAVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | $4.3B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | $16.6B | $3.7B | ||
| Q1 25 | $17.0B | $3.7B | ||
| Q4 24 | $16.7B | $4.0B | ||
| Q3 24 | $16.3B | $3.6B | ||
| Q2 24 | $16.0B | $3.6B |
负债/权益比LBRDAVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | 0.30× | 0.26× | ||
| Q1 25 | 0.38× | 0.26× | ||
| Q4 24 | 0.38× | 0.26× | ||
| Q3 24 | 0.39× | 0.27× | ||
| Q2 24 | 0.39× | 0.29× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $37.0M | — |
| 自由现金流率自由现金流/营收 | 14.2% | — |
| 资本支出强度资本支出/营收 | 20.7% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流LBRDAVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | $-67.2M | ||
| Q3 25 | — | $108.3M | ||
| Q2 25 | $91.0M | $75.8M | ||
| Q1 25 | $78.0M | $-3.8M | ||
| Q4 24 | $1.0M | $1.8M | ||
| Q3 24 | $24.0M | $69.1M | ||
| Q2 24 | $27.0M | $70.0M |
自由现金流LBRDAVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | $-74.1M | ||
| Q3 25 | — | $106.9M | ||
| Q2 25 | $37.0M | $74.2M | ||
| Q1 25 | $13.0M | $-6.8M | ||
| Q4 24 | $-63.0M | $-3.8M | ||
| Q3 24 | $-36.0M | $68.7M | ||
| Q2 24 | $-35.0M | $68.6M |
自由现金流率LBRDAVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | -35.6% | ||
| Q3 25 | — | 49.4% | ||
| Q2 25 | 14.2% | 35.2% | ||
| Q1 25 | 4.9% | -3.1% | ||
| Q4 24 | -24.0% | -1.6% | ||
| Q3 24 | -13.7% | 30.3% | ||
| Q2 24 | -14.2% | 30.6% |
资本支出强度LBRDAVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | 3.3% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | 20.7% | 0.7% | ||
| Q1 25 | 24.4% | 1.4% | ||
| Q4 24 | 24.3% | 2.4% | ||
| Q3 24 | 22.9% | 0.2% | ||
| Q2 24 | 25.2% | 0.6% |
现金转化率LBRDAVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | -1.99× | ||
| Q3 25 | — | 3.45× | ||
| Q2 25 | 0.24× | 1.77× | ||
| Q1 25 | 0.29× | -0.13× | ||
| Q4 24 | 0.00× | 0.04× | ||
| Q3 24 | 0.17× | 1.41× | ||
| Q2 24 | 0.14× | 2.69× |
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
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
