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Liberty Global Ltd.（LBTYA）与Primoris Services Corp（PRIM）财务数据对比。点击上方公司名可切换其他公司
Liberty Global Ltd.的季度营收约是Primoris Services Corp的1.3倍（$2.4B vs $1.9B），Liberty Global Ltd.净利率更高（15.0% vs 2.8%，领先12.2%），Primoris Services Corp同比增速更快（6.7% vs -3.6%），过去两年Primoris Services Corp的营收复合增速更高（14.7% vs 12.9%）
自由全球有限公司是一家英荷美合资的跨国电信企业，注册地位于百慕大，在伦敦、阿姆斯特丹和丹佛均设有总部。公司旗下拥有英国自由全球控股有限公司、荷兰自由全球有限公司及美国自由全球公司三大主体，其中英国主体为上市实体。企业由自由媒体国际业务部与UnitedGlobalCom于2005年合并成立，在全球电信服务领域拥有深厚的行业积累。
Primoris Services Corp是总部位于美国的上市专业基建与工程建设企业，核心业务覆盖天然气管道、污水管网及供水管道建设领域，2014年入选《财富》1000强榜单，在北美能源及民生基建领域拥有丰富的项目运营经验。
LBTYA vs PRIM — 直观对比
营收规模更大
LBTYA
是对方的1.3倍
$1.9B
营收增速更快
PRIM
高出10.3%
-3.6%
净利率更高
LBTYA
高出12.2%
2.8%
两年增速更快
PRIM
近两年复合增速
12.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $1.9B |
| 净利润 | $358.2M | $51.7M |
| 毛利率 | — | 9.4% |
| 营业利润率 | 1.0% | 4.2% |
| 净利率 | 15.0% | 2.8% |
| 营收同比 | -3.6% | 6.7% |
| 净利润同比 | 127.1% | -4.2% |
| 每股收益（稀释后） | — | $0.94 |
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LBTYAPRIM
| Q1 26 | $2.4B | — | ||
| Q4 25 | $1.2B | $1.9B | ||
| Q3 25 | $1.2B | $2.2B | ||
| Q2 25 | $1.3B | $1.9B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | $-1.4B | $1.7B | ||
| Q3 24 | $1.9B | $1.6B | ||
| Q2 24 | $1.9B | $1.6B |
净利润LBTYAPRIM
| Q1 26 | $358.2M | — | ||
| Q4 25 | $-2.9B | $51.7M | ||
| Q3 25 | $-90.7M | $94.6M | ||
| Q2 25 | $-2.8B | $84.3M | ||
| Q1 25 | $-1.3B | $44.2M | ||
| Q4 24 | $2.2B | $54.0M | ||
| Q3 24 | $-1.4B | $58.4M | ||
| Q2 24 | $268.1M | $49.5M |
毛利率LBTYAPRIM
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | 9.4% | ||
| Q3 25 | 67.5% | 10.8% | ||
| Q2 25 | 63.3% | 12.3% | ||
| Q1 25 | 65.6% | 10.4% | ||
| Q4 24 | — | 10.6% | ||
| Q3 24 | 69.4% | 12.0% | ||
| Q2 24 | 68.5% | 11.9% |
营业利润率LBTYAPRIM
| Q1 26 | 1.0% | — | ||
| Q4 25 | -8.6% | 4.2% | ||
| Q3 25 | -0.7% | 6.3% | ||
| Q2 25 | 2.3% | 6.7% | ||
| Q1 25 | 5.2% | 4.3% | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | 5.2% | 6.0% | ||
| Q2 24 | 1.0% | 5.5% |
净利率LBTYAPRIM
| Q1 26 | 15.0% | — | ||
| Q4 25 | -237.0% | 2.8% | ||
| Q3 25 | -7.5% | 4.3% | ||
| Q2 25 | -220.1% | 4.5% | ||
| Q1 25 | -114.2% | 2.7% | ||
| Q4 24 | -158.9% | 3.1% | ||
| Q3 24 | -74.1% | 3.5% | ||
| Q2 24 | 14.3% | 3.2% |
每股收益（稀释后）LBTYAPRIM
| Q1 26 | — | — | ||
| Q4 25 | $-8.66 | $0.94 | ||
| Q3 25 | $-0.27 | $1.73 | ||
| Q2 25 | $-8.09 | $1.54 | ||
| Q1 25 | $-3.84 | $0.81 | ||
| Q4 24 | $6.15 | $0.98 | ||
| Q3 24 | $-3.95 | $1.07 | ||
| Q2 24 | $0.71 | $0.91 |
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 | $-387.3M | $535.5M |
| 总债务越低越好 | — | $469.9M |
| 股东权益账面价值 | — | $1.7B |
| 总资产 | — | $4.4B |
| 负债/权益比越低杠杆越低 | — | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资LBTYAPRIM
| Q1 26 | $-387.3M | — | ||
| Q4 25 | $2.2B | $535.5M | ||
| Q3 25 | $1.7B | $431.4M | ||
| Q2 25 | $3.1B | $390.3M | ||
| Q1 25 | $2.0B | $351.6M | ||
| Q4 24 | $2.2B | $455.8M | ||
| Q3 24 | $3.3B | $352.7M | ||
| Q2 24 | $3.2B | $207.4M |
总债务LBTYAPRIM
| Q1 26 | — | — | ||
| Q4 25 | $7.8B | $469.9M | ||
| Q3 25 | $7.8B | $486.0M | ||
| Q2 25 | $7.8B | $603.1M | ||
| Q1 25 | $8.2B | $612.0M | ||
| Q4 24 | $8.2B | $734.8M | ||
| Q3 24 | $14.9B | $903.7M | ||
| Q2 24 | $14.7B | $933.0M |
股东权益LBTYAPRIM
| Q1 26 | — | — | ||
| Q4 25 | $9.7B | $1.7B | ||
| Q3 25 | $12.7B | $1.6B | ||
| Q2 25 | $13.0B | $1.5B | ||
| Q1 25 | $12.6B | $1.4B | ||
| Q4 24 | $12.4B | $1.4B | ||
| Q3 24 | $18.7B | $1.4B | ||
| Q2 24 | $18.3B | $1.3B |
总资产LBTYAPRIM
| Q1 26 | — | — | ||
| Q4 25 | $22.6B | $4.4B | ||
| Q3 25 | $25.4B | $4.6B | ||
| Q2 25 | $27.2B | $4.5B | ||
| Q1 25 | $26.0B | $4.2B | ||
| Q4 24 | $25.4B | $4.2B | ||
| Q3 24 | $41.8B | $4.2B | ||
| Q2 24 | $40.8B | $4.0B |
负债/权益比LBTYAPRIM
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | 0.28× | ||
| Q3 25 | 0.61× | 0.30× | ||
| Q2 25 | 0.60× | 0.39× | ||
| Q1 25 | 0.65× | 0.42× | ||
| Q4 24 | 0.66× | 0.52× | ||
| Q3 24 | 0.80× | 0.67× | ||
| Q2 24 | 0.80× | 0.72× |
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 | $107.6M | $142.9M |
| 自由现金流经营现金流 - 资本支出 | — | $121.1M |
| 自由现金流率自由现金流/营收 | — | 6.5% |
| 资本支出强度资本支出/营收 | 1.5% | 1.2% |
| 现金转化率经营现金流/净利润 | 0.30× | 2.76× |
| 过去12个月自由现金流最近4个季度 | — | $340.5M |
8季度趋势，按日历期对齐
经营现金流LBTYAPRIM
| Q1 26 | $107.6M | — | ||
| Q4 25 | $630.9M | $142.9M | ||
| Q3 25 | $301.8M | $182.9M | ||
| Q2 25 | $149.2M | $78.5M | ||
| Q1 25 | $129.2M | $66.2M | ||
| Q4 24 | $791.6M | $298.3M | ||
| Q3 24 | $449.5M | $222.5M | ||
| Q2 24 | $546.1M | $16.1M |
自由现金流LBTYAPRIM
| Q1 26 | — | — | ||
| Q4 25 | $193.3M | $121.1M | ||
| Q3 25 | $-41.1M | $148.4M | ||
| Q2 25 | $-170.1M | $45.3M | ||
| Q1 25 | $-114.1M | $25.6M | ||
| Q4 24 | $712.9M | $270.0M | ||
| Q3 24 | $102.4M | $158.8M | ||
| Q2 24 | $256.8M | $-8.1M |
自由现金流率LBTYAPRIM
| Q1 26 | — | — | ||
| Q4 25 | 15.7% | 6.5% | ||
| Q3 25 | -3.4% | 6.8% | ||
| Q2 25 | -13.4% | 2.4% | ||
| Q1 25 | -9.7% | 1.6% | ||
| Q4 24 | -50.5% | 15.5% | ||
| Q3 24 | 5.3% | 9.6% | ||
| Q2 24 | 13.7% | -0.5% |
资本支出强度LBTYAPRIM
| Q1 26 | 1.5% | — | ||
| Q4 25 | 35.5% | 1.2% | ||
| Q3 25 | 28.4% | 1.6% | ||
| Q2 25 | 25.2% | 1.8% | ||
| Q1 25 | 20.8% | 2.5% | ||
| Q4 24 | -5.6% | 1.6% | ||
| Q3 24 | 17.9% | 3.9% | ||
| Q2 24 | 15.4% | 1.5% |
现金转化率LBTYAPRIM
| Q1 26 | 0.30× | — | ||
| Q4 25 | — | 2.76× | ||
| Q3 25 | — | 1.93× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 1.50× | ||
| Q4 24 | 0.35× | 5.53× | ||
| Q3 24 | — | 3.81× | ||
| Q2 24 | 2.04× | 0.32× |
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
LBTYA
| Mobile Service | $775.2M | 32% |
| Fixed Service | $772.0M | 32% |
| Business | $308.7M | 13% |
| Wholesale | $256.9M | 11% |
| Business Service | $233.2M | 10% |
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
