vs
Liberty Global Ltd.（LBTYA）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
Rocket Companies, Inc.的季度营收约是Liberty Global Ltd.的1.1倍（$2.7B vs $2.4B），Liberty Global Ltd.净利率更高（15.0% vs 2.5%，领先12.5%），Rocket Companies, Inc.同比增速更快（52.2% vs -3.6%），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% 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。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
LBTYA vs RKT — 直观对比
营收规模更大
RKT
是对方的1.1倍
$2.4B
营收增速更快
RKT
高出55.8%
-3.6%
净利率更高
LBTYA
高出12.5%
2.5%
两年增速更快
RKT
近两年复合增速
12.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $2.7B |
| 净利润 | $358.2M | $68.0M |
| 毛利率 | — | — |
| 营业利润率 | 1.0% | 6.3% |
| 净利率 | 15.0% | 2.5% |
| 营收同比 | -3.6% | 52.2% |
| 净利润同比 | 127.1% | 100.8% |
| 每股收益（稀释后） | — | $0.10 |
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LBTYARKT
| Q1 26 | $2.4B | — | ||
| Q4 25 | $1.2B | $2.7B | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $-1.4B | $1.8B | ||
| Q3 24 | $1.9B | $646.9M | ||
| Q2 24 | $1.9B | $1.3B |
净利润LBTYARKT
| Q1 26 | $358.2M | — | ||
| Q4 25 | $-2.9B | $68.0M | ||
| Q3 25 | $-90.7M | $-123.9M | ||
| Q2 25 | $-2.8B | $-1.8M | ||
| Q1 25 | $-1.3B | $-10.4M | ||
| Q4 24 | $2.2B | $33.9M | ||
| Q3 24 | $-1.4B | $-22.0M | ||
| Q2 24 | $268.1M | $1.3M |
毛利率LBTYARKT
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | — | ||
| Q3 25 | 67.5% | — | ||
| Q2 25 | 63.3% | — | ||
| Q1 25 | 65.6% | — | ||
| Q4 24 | — | 58.9% | ||
| Q3 24 | 69.4% | -8.4% | ||
| Q2 24 | 68.5% | 47.4% |
营业利润率LBTYARKT
| Q1 26 | 1.0% | — | ||
| Q4 25 | -8.6% | 6.3% | ||
| Q3 25 | -0.7% | -11.5% | ||
| Q2 25 | 2.3% | 1.8% | ||
| Q1 25 | 5.2% | -21.5% | ||
| Q4 24 | — | 38.1% | ||
| Q3 24 | 5.2% | -76.9% | ||
| Q2 24 | 1.0% | 14.8% |
净利率LBTYARKT
| Q1 26 | 15.0% | — | ||
| Q4 25 | -237.0% | 2.5% | ||
| Q3 25 | -7.5% | -7.7% | ||
| Q2 25 | -220.1% | -0.1% | ||
| Q1 25 | -114.2% | -1.0% | ||
| Q4 24 | -158.9% | 1.9% | ||
| Q3 24 | -74.1% | -3.4% | ||
| Q2 24 | 14.3% | 0.1% |
每股收益（稀释后）LBTYARKT
| Q1 26 | — | — | ||
| Q4 25 | $-8.66 | $0.10 | ||
| Q3 25 | $-0.27 | $-0.06 | ||
| Q2 25 | $-8.09 | $-0.01 | ||
| Q1 25 | $-3.84 | $-0.08 | ||
| Q4 24 | $6.15 | $0.28 | ||
| Q3 24 | $-3.95 | $-0.19 | ||
| Q2 24 | $0.71 | $0.01 |
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 | $2.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $22.9B |
| 总资产 | — | $60.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LBTYARKT
| Q1 26 | $-387.3M | — | ||
| Q4 25 | $2.2B | $2.7B | ||
| Q3 25 | $1.7B | $5.8B | ||
| Q2 25 | $3.1B | $5.1B | ||
| Q1 25 | $2.0B | $1.4B | ||
| Q4 24 | $2.2B | $1.3B | ||
| Q3 24 | $3.3B | $1.2B | ||
| Q2 24 | $3.2B | $1.3B |
总债务LBTYARKT
| Q1 26 | — | — | ||
| Q4 25 | $7.8B | — | ||
| Q3 25 | $7.8B | — | ||
| Q2 25 | $7.8B | — | ||
| Q1 25 | $8.2B | — | ||
| Q4 24 | $8.2B | — | ||
| Q3 24 | $14.9B | — | ||
| Q2 24 | $14.7B | — |
股东权益LBTYARKT
| Q1 26 | — | — | ||
| Q4 25 | $9.7B | $22.9B | ||
| Q3 25 | $12.7B | $8.9B | ||
| Q2 25 | $13.0B | $7.4B | ||
| Q1 25 | $12.6B | $8.6B | ||
| Q4 24 | $12.4B | $9.0B | ||
| Q3 24 | $18.7B | $8.4B | ||
| Q2 24 | $18.3B | $8.8B |
总资产LBTYARKT
| Q1 26 | — | — | ||
| Q4 25 | $22.6B | $60.7B | ||
| Q3 25 | $25.4B | $33.6B | ||
| Q2 25 | $27.2B | $30.4B | ||
| Q1 25 | $26.0B | $25.3B | ||
| Q4 24 | $25.4B | $24.5B | ||
| Q3 24 | $41.8B | $25.1B | ||
| Q2 24 | $40.8B | $23.6B |
负债/权益比LBTYARKT
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.60× | — | ||
| Q1 25 | 0.65× | — | ||
| 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 | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | — | $-1.3B |
| 自由现金流率自由现金流/营收 | — | -47.2% |
| 资本支出强度资本支出/营收 | 1.5% | 1.5% |
| 现金转化率经营现金流/净利润 | 0.30× | -18.08× |
| 过去12个月自由现金流最近4个季度 | — | $-4.0B |
8季度趋势，按日历期对齐
经营现金流LBTYARKT
| Q1 26 | $107.6M | — | ||
| Q4 25 | $630.9M | $-1.2B | ||
| Q3 25 | $301.8M | $-50.3M | ||
| Q2 25 | $149.2M | $-1.9B | ||
| Q1 25 | $129.2M | $-797.0M | ||
| Q4 24 | $791.6M | $1.8B | ||
| Q3 24 | $449.5M | $-1.3B | ||
| Q2 24 | $546.1M | $-122.3M |
自由现金流LBTYARKT
| Q1 26 | — | — | ||
| Q4 25 | $193.3M | $-1.3B | ||
| Q3 25 | $-41.1M | $-71.8M | ||
| Q2 25 | $-170.1M | $-1.9B | ||
| Q1 25 | $-114.1M | $-811.0M | ||
| Q4 24 | $712.9M | $1.8B | ||
| Q3 24 | $102.4M | $-1.4B | ||
| Q2 24 | $256.8M | $-138.3M |
自由现金流率LBTYARKT
| Q1 26 | — | — | ||
| Q4 25 | 15.7% | -47.2% | ||
| Q3 25 | -3.4% | -4.5% | ||
| Q2 25 | -13.4% | -137.2% | ||
| Q1 25 | -9.7% | -78.2% | ||
| Q4 24 | -50.5% | 103.1% | ||
| Q3 24 | 5.3% | -209.6% | ||
| Q2 24 | 13.7% | -10.6% |
资本支出强度LBTYARKT
| Q1 26 | 1.5% | — | ||
| Q4 25 | 35.5% | 1.5% | ||
| Q3 25 | 28.4% | 1.3% | ||
| Q2 25 | 25.2% | 1.1% | ||
| Q1 25 | 20.8% | 1.4% | ||
| Q4 24 | -5.6% | 1.1% | ||
| Q3 24 | 17.9% | 2.9% | ||
| Q2 24 | 15.4% | 1.2% |
现金转化率LBTYARKT
| Q1 26 | 0.30× | — | ||
| Q4 25 | — | -18.08× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.35× | 54.42× | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.04× | -94.46× |
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% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
