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Liberty Global Ltd.（LBTYA）与Primo Brands Corp（PRMB）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Primo Brands Corp的1.5倍（$2.4B vs $1.6B），Liberty Global Ltd.净利率更高（15.0% vs 1.7%，领先13.3%），Primo Brands Corp同比增速更快（0.8% vs -3.6%），过去两年Primo Brands Corp的营收复合增速更高（19.7% 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。
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
LBTYA vs PRMB — 直观对比
营收规模更大
LBTYA
是对方的1.5倍
$1.6B
营收增速更快
PRMB
高出4.4%
-3.6%
净利率更高
LBTYA
高出13.3%
1.7%
两年增速更快
PRMB
近两年复合增速
12.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $1.6B |
| 净利润 | $358.2M | $27.3M |
| 毛利率 | — | 28.6% |
| 营业利润率 | 1.0% | 8.5% |
| 净利率 | 15.0% | 1.7% |
| 营收同比 | -3.6% | 0.8% |
| 净利润同比 | 127.1% | -4.9% |
| 每股收益（稀释后） | — | $0.07 |
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LBTYAPRMB
| Q1 26 | $2.4B | $1.6B | ||
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $1.2B | $1.8B | ||
| Q2 25 | $1.3B | $1.7B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | $-1.4B | — | ||
| Q3 24 | $1.9B | $0 | ||
| Q2 24 | $1.9B | $1.3B |
净利润LBTYAPRMB
| Q1 26 | $358.2M | $27.3M | ||
| Q4 25 | $-2.9B | $-13.0M | ||
| Q3 25 | $-90.7M | $16.8M | ||
| Q2 25 | $-2.8B | $27.6M | ||
| Q1 25 | $-1.3B | $28.7M | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $-1.4B | $-2.0K | ||
| Q2 24 | $268.1M | $54.5M |
毛利率LBTYAPRMB
| Q1 26 | — | 28.6% | ||
| Q4 25 | 66.8% | 27.7% | ||
| Q3 25 | 67.5% | 29.9% | ||
| Q2 25 | 63.3% | 31.3% | ||
| Q1 25 | 65.6% | 32.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | 69.4% | — | ||
| Q2 24 | 68.5% | 32.7% |
营业利润率LBTYAPRMB
| Q1 26 | 1.0% | 8.5% | ||
| Q4 25 | -8.6% | 1.2% | ||
| Q3 25 | -0.7% | 8.3% | ||
| Q2 25 | 2.3% | 6.5% | ||
| Q1 25 | 5.2% | 9.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | 5.2% | — | ||
| Q2 24 | 1.0% | 12.1% |
净利率LBTYAPRMB
| Q1 26 | 15.0% | 1.7% | ||
| Q4 25 | -237.0% | -0.8% | ||
| Q3 25 | -7.5% | 1.0% | ||
| Q2 25 | -220.1% | 1.6% | ||
| Q1 25 | -114.2% | 1.8% | ||
| Q4 24 | -158.9% | — | ||
| Q3 24 | -74.1% | — | ||
| Q2 24 | 14.3% | 4.1% |
每股收益（稀释后）LBTYAPRMB
| Q1 26 | — | $0.07 | ||
| Q4 25 | $-8.66 | $-0.03 | ||
| Q3 25 | $-0.27 | $0.04 | ||
| Q2 25 | $-8.09 | $0.07 | ||
| Q1 25 | $-3.84 | $0.08 | ||
| Q4 24 | $6.15 | — | ||
| Q3 24 | $-3.95 | $-20.00 | ||
| Q2 24 | $0.71 | $0.25 |
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 | — |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | — | $3.0B |
| 总资产 | — | $10.6B |
| 负债/权益比越低杠杆越低 | — | 1.74× |
8季度趋势，按日历期对齐
现金及短期投资LBTYAPRMB
| Q1 26 | $-387.3M | — | ||
| Q4 25 | $2.2B | $376.7M | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $3.3B | — | ||
| Q2 24 | $3.2B | — |
总债务LBTYAPRMB
| Q1 26 | — | $5.2B | ||
| Q4 25 | $7.8B | $5.2B | ||
| Q3 25 | $7.8B | $5.1B | ||
| Q2 25 | $7.8B | $5.1B | ||
| Q1 25 | $8.2B | $5.0B | ||
| Q4 24 | $8.2B | — | ||
| Q3 24 | $14.9B | — | ||
| Q2 24 | $14.7B | — |
股东权益LBTYAPRMB
| Q1 26 | — | $3.0B | ||
| Q4 25 | $9.7B | $3.0B | ||
| Q3 25 | $12.7B | $3.2B | ||
| Q2 25 | $13.0B | $3.2B | ||
| Q1 25 | $12.6B | $3.3B | ||
| Q4 24 | $12.4B | — | ||
| Q3 24 | $18.7B | $-2.0K | ||
| Q2 24 | $18.3B | $-296.8M |
总资产LBTYAPRMB
| Q1 26 | — | $10.6B | ||
| Q4 25 | $22.6B | $10.6B | ||
| Q3 25 | $25.4B | $11.0B | ||
| Q2 25 | $27.2B | $11.0B | ||
| Q1 25 | $26.0B | $11.0B | ||
| Q4 24 | $25.4B | — | ||
| Q3 24 | $41.8B | $0 | ||
| Q2 24 | $40.8B | — |
负债/权益比LBTYAPRMB
| Q1 26 | — | 1.74× | ||
| Q4 25 | 0.80× | 1.72× | ||
| Q3 25 | 0.61× | 1.61× | ||
| Q2 25 | 0.60× | 1.57× | ||
| Q1 25 | 0.65× | 1.51× | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 0.80× | — | ||
| Q2 24 | 0.80× | — |
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 | $103.8M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 1.5% | 2.9% |
| 现金转化率经营现金流/净利润 | 0.30× | 3.80× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LBTYAPRMB
| Q1 26 | $107.6M | $103.8M | ||
| Q4 25 | $630.9M | $203.1M | ||
| Q3 25 | $301.8M | $283.4M | ||
| Q2 25 | $149.2M | $155.0M | ||
| Q1 25 | $129.2M | $38.8M | ||
| Q4 24 | $791.6M | — | ||
| Q3 24 | $449.5M | $0 | ||
| Q2 24 | $546.1M | $102.5M |
自由现金流LBTYAPRMB
| Q1 26 | — | — | ||
| Q4 25 | $193.3M | $57.3M | ||
| Q3 25 | $-41.1M | $167.7M | ||
| Q2 25 | $-170.1M | $101.1M | ||
| Q1 25 | $-114.1M | $-23.2M | ||
| Q4 24 | $712.9M | — | ||
| Q3 24 | $102.4M | — | ||
| Q2 24 | $256.8M | $61.4M |
自由现金流率LBTYAPRMB
| Q1 26 | — | — | ||
| Q4 25 | 15.7% | 3.7% | ||
| Q3 25 | -3.4% | 9.5% | ||
| Q2 25 | -13.4% | 5.8% | ||
| Q1 25 | -9.7% | -1.4% | ||
| Q4 24 | -50.5% | — | ||
| Q3 24 | 5.3% | — | ||
| Q2 24 | 13.7% | 4.7% |
资本支出强度LBTYAPRMB
| Q1 26 | 1.5% | 2.9% | ||
| Q4 25 | 35.5% | 9.4% | ||
| Q3 25 | 28.4% | 6.6% | ||
| Q2 25 | 25.2% | 3.1% | ||
| Q1 25 | 20.8% | 3.8% | ||
| Q4 24 | -5.6% | — | ||
| Q3 24 | 17.9% | — | ||
| Q2 24 | 15.4% | 3.1% |
现金转化率LBTYAPRMB
| Q1 26 | 0.30× | 3.80× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 16.87× | ||
| Q2 25 | — | 5.62× | ||
| Q1 25 | — | 1.35× | ||
| Q4 24 | 0.35× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.04× | 1.88× |
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% |
PRMB
| Regional spring water | $801.2M | 49% |
| Purified water | $511.2M | 31% |
| Other | $208.2M | 13% |
| Premium water | $105.5M | 6% |
