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Liberty Broadband Corp（LBRDA）与W. P. Carey Inc.（WPC）财务数据对比。点击上方公司名可切换其他公司
W. P. Carey Inc.的季度营收约是Liberty Broadband Corp的1.7倍（$444.5M vs $261.0M），Liberty Broadband Corp净利率更高（146.7% vs 33.4%，领先113.4%），W. P. Carey Inc.同比增速更快（9.4% vs 6.1%），过去两年W. P. Carey Inc.的营收复合增速更高（6.8% 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。
W.P.凯里是一家房地产投资信托企业，主打投资以三净租赁模式租予单一租户的物业。公司注册地位于美国马里兰州，核心办公地点设在纽约市，深耕商业地产投资领域，拥有成熟的运营经验与优质的项目资源。
LBRDA vs WPC — 直观对比
营收规模更大
WPC
是对方的1.7倍
$261.0M
营收增速更快
WPC
高出3.4%
6.1%
净利率更高
LBRDA
高出113.4%
33.4%
两年增速更快
WPC
近两年复合增速
4.3%
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.0M | $444.5M |
| 净利润 | $383.0M | $148.3M |
| 毛利率 | — | — |
| 营业利润率 | 15.7% | 34.5% |
| 净利率 | 146.7% | 33.4% |
| 营收同比 | 6.1% | 9.4% |
| 净利润同比 | 96.4% | 215.4% |
| 每股收益（稀释后） | $2.68 | — |
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LBRDAWPC
| Q4 25 | — | $444.5M | ||
| Q3 25 | — | $431.3M | ||
| Q2 25 | $261.0M | $430.8M | ||
| Q1 25 | $266.0M | $409.9M | ||
| Q4 24 | $263.0M | $406.2M | ||
| Q3 24 | $262.0M | $397.4M | ||
| Q2 24 | $246.0M | $389.7M | ||
| Q1 24 | $245.0M | $389.8M |
净利润LBRDAWPC
| Q4 25 | — | $148.3M | ||
| Q3 25 | — | $141.0M | ||
| Q2 25 | $383.0M | $51.2M | ||
| Q1 25 | $268.0M | $125.8M | ||
| Q4 24 | $291.0M | $47.0M | ||
| Q3 24 | $142.0M | $111.7M | ||
| Q2 24 | $195.0M | $142.9M | ||
| Q1 24 | $241.0M | $159.2M |
营业利润率LBRDAWPC
| Q4 25 | — | 34.5% | ||
| Q3 25 | — | 34.7% | ||
| Q2 25 | 15.7% | 15.0% | ||
| Q1 25 | 16.2% | 33.5% | ||
| Q4 24 | 4.9% | 13.5% | ||
| Q3 24 | 11.5% | 30.4% | ||
| Q2 24 | 8.5% | 38.3% | ||
| Q1 24 | 11.4% | 43.0% |
净利率LBRDAWPC
| Q4 25 | — | 33.4% | ||
| Q3 25 | — | 32.7% | ||
| Q2 25 | 146.7% | 11.9% | ||
| Q1 25 | 100.8% | 30.7% | ||
| Q4 24 | 110.6% | 11.6% | ||
| Q3 24 | 54.2% | 28.1% | ||
| Q2 24 | 79.3% | 36.7% | ||
| Q1 24 | 98.4% | 40.8% |
每股收益（稀释后）LBRDAWPC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $2.68 | — | ||
| Q1 25 | $1.87 | — | ||
| Q4 24 | $2.04 | — | ||
| Q3 24 | $0.99 | — | ||
| Q2 24 | $1.36 | — | ||
| Q1 24 | $1.69 | — |
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 | $155.3M |
| 总债务越低越好 | $3.1B | $8.7B |
| 股东权益账面价值 | $10.4B | $8.1B |
| 总资产 | $16.6B | $18.0B |
| 负债/权益比越低杠杆越低 | 0.30× | 1.07× |
8季度趋势，按日历期对齐
现金及短期投资LBRDAWPC
| Q4 25 | — | $155.3M | ||
| Q3 25 | — | $249.0M | ||
| Q2 25 | $180.0M | $244.8M | ||
| Q1 25 | $226.0M | $187.8M | ||
| Q4 24 | $163.0M | $640.4M | ||
| Q3 24 | $168.0M | $818.2M | ||
| Q2 24 | $73.0M | $1.1B | ||
| Q1 24 | $108.0M | $777.0M |
总债务LBRDAWPC
| Q4 25 | — | $8.7B | ||
| Q3 25 | — | $8.7B | ||
| Q2 25 | $3.1B | $8.6B | ||
| Q1 25 | $3.8B | $7.9B | ||
| Q4 24 | $3.8B | $8.0B | ||
| Q3 24 | $3.7B | $8.0B | ||
| Q2 24 | $3.6B | $8.1B | ||
| Q1 24 | $3.6B | $7.9B |
股东权益LBRDAWPC
| Q4 25 | — | $8.1B | ||
| Q3 25 | — | $8.2B | ||
| Q2 25 | $10.4B | $8.2B | ||
| Q1 25 | $10.1B | $8.4B | ||
| Q4 24 | $9.8B | $8.4B | ||
| Q3 24 | $9.5B | $8.6B | ||
| Q2 24 | $9.3B | $8.6B | ||
| Q1 24 | $9.1B | $8.7B |
总资产LBRDAWPC
| Q4 25 | — | $18.0B | ||
| Q3 25 | — | $18.0B | ||
| Q2 25 | $16.6B | $18.0B | ||
| Q1 25 | $17.0B | $17.3B | ||
| Q4 24 | $16.7B | $17.5B | ||
| Q3 24 | $16.3B | $17.6B | ||
| Q2 24 | $16.0B | $17.8B | ||
| Q1 24 | $15.7B | $17.6B |
负债/权益比LBRDAWPC
| Q4 25 | — | 1.07× | ||
| Q3 25 | — | 1.06× | ||
| Q2 25 | 0.30× | 1.05× | ||
| Q1 25 | 0.38× | 0.94× | ||
| Q4 24 | 0.38× | 0.95× | ||
| Q3 24 | 0.39× | 0.93× | ||
| Q2 24 | 0.39× | 0.94× | ||
| Q1 24 | 0.40× | 0.91× |
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 | $304.6M |
| 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× | 2.05× |
| 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LBRDAWPC
| Q4 25 | — | $304.6M | ||
| Q3 25 | — | $300.5M | ||
| Q2 25 | $91.0M | $404.0M | ||
| Q1 25 | $78.0M | $273.2M | ||
| Q4 24 | $1.0M | $296.3M | ||
| Q3 24 | $24.0M | $280.2M | ||
| Q2 24 | $27.0M | $221.0M | ||
| Q1 24 | $52.0M | $1.0B |
自由现金流LBRDAWPC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $37.0M | — | ||
| Q1 25 | $13.0M | — | ||
| Q4 24 | $-63.0M | — | ||
| Q3 24 | $-36.0M | — | ||
| Q2 24 | $-35.0M | — | ||
| Q1 24 | $-9.0M | — |
自由现金流率LBRDAWPC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 14.2% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | -24.0% | — | ||
| Q3 24 | -13.7% | — | ||
| Q2 24 | -14.2% | — | ||
| Q1 24 | -3.7% | — |
资本支出强度LBRDAWPC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 20.7% | — | ||
| Q1 25 | 24.4% | — | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 22.9% | — | ||
| Q2 24 | 25.2% | — | ||
| Q1 24 | 24.9% | — |
现金转化率LBRDAWPC
| Q4 25 | — | 2.05× | ||
| Q3 25 | — | 2.13× | ||
| Q2 25 | 0.24× | 7.89× | ||
| Q1 25 | 0.29× | 2.17× | ||
| Q4 24 | 0.00× | 6.30× | ||
| Q3 24 | 0.17× | 2.51× | ||
| Q2 24 | 0.14× | 1.55× | ||
| Q1 24 | 0.22× | 6.50× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
