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Liberty Latin America Ltd.（LILA）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
Liberty Latin America Ltd.的季度营收约是美泰的1.3倍（$1.2B vs $862.2M），美泰净利率更高（7.1% vs -4.7%，领先11.8%），美泰同比增速更快（4.3% vs 1.7%），Liberty Latin America Ltd.自由现金流更多（$320.1M vs $-88.1M），过去两年Liberty Latin America Ltd.的营收复合增速更高（2.7% vs -10.6%）
自由拉丁美洲有限公司是一家跨国电信运营商，由自由媒体国际业务板块与UnitedGlobalCom（UGC）于2005年合并而成，注册地位于百慕大，在伦敦、阿姆斯特丹和丹佛设有总部，旗下包含英国、荷兰等多地运营主体，相关业务覆盖电信服务领域。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
LILA vs MAT — 直观对比
营收规模更大
LILA
是对方的1.3倍
$862.2M
营收增速更快
MAT
高出2.6%
1.7%
净利率更高
MAT
高出11.8%
-4.7%
自由现金流更多
LILA
多$408.2M
$-88.1M
两年增速更快
LILA
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $862.2M |
| 净利润 | $-54.8M | $61.0M |
| 毛利率 | 77.3% | 44.9% |
| 营业利润率 | 10.8% | — |
| 净利率 | -4.7% | 7.1% |
| 营收同比 | 1.7% | 4.3% |
| 净利润同比 | 74.0% | 251.4% |
| 每股收益（稀释后） | $-0.27 | $0.20 |
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LILAMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $1.2B | $1.8B | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $1.1B | $1.0B | ||
| Q1 25 | $1.1B | $826.6M | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.1B | $1.1B |
净利润LILAMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $-54.8M | $106.2M | ||
| Q3 25 | $3.3M | $278.4M | ||
| Q2 25 | $-423.3M | $53.4M | ||
| Q1 25 | $-136.4M | $-40.3M | ||
| Q4 24 | $-210.4M | $140.9M | ||
| Q3 24 | $-435.8M | $372.4M | ||
| Q2 24 | $-42.7M | $56.9M |
毛利率LILAMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | 77.3% | 45.9% | ||
| Q3 25 | 77.7% | 50.0% | ||
| Q2 25 | 78.6% | 50.9% | ||
| Q1 25 | 78.5% | 49.4% | ||
| Q4 24 | 76.1% | 50.7% | ||
| Q3 24 | 78.7% | 53.1% | ||
| Q2 24 | 78.1% | 49.2% |
营业利润率LILAMAT
| Q1 26 | — | — | ||
| Q4 25 | 10.8% | 8.0% | ||
| Q3 25 | 16.9% | 21.9% | ||
| Q2 25 | -30.6% | 7.7% | ||
| Q1 25 | 11.8% | -6.4% | ||
| Q4 24 | 8.7% | 9.6% | ||
| Q3 24 | -34.9% | 26.5% | ||
| Q2 24 | 9.9% | 7.7% |
净利率LILAMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | -4.7% | 6.0% | ||
| Q3 25 | 0.3% | 16.0% | ||
| Q2 25 | -39.0% | 5.2% | ||
| Q1 25 | -12.6% | -4.9% | ||
| Q4 24 | -18.5% | 8.6% | ||
| Q3 24 | -40.0% | 20.2% | ||
| Q2 24 | -3.8% | 5.3% |
每股收益（稀释后）LILAMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $-0.27 | $0.32 | ||
| Q3 25 | $0.02 | $0.88 | ||
| Q2 25 | $-2.12 | $0.16 | ||
| Q1 25 | $-0.69 | $-0.12 | ||
| Q4 24 | $-1.03 | $0.40 | ||
| Q3 24 | $-2.22 | $1.09 | ||
| Q2 24 | $-0.22 | $0.17 |
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 | $783.9M | $866.0M |
| 总债务越低越好 | $7.9B | $2.3B |
| 股东权益账面价值 | $555.6M | $2.1B |
| 总资产 | $12.2B | $6.3B |
| 负债/权益比越低杠杆越低 | 14.17× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资LILAMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $783.9M | $1.2B | ||
| Q3 25 | $596.7M | $691.9M | ||
| Q2 25 | $514.4M | $870.5M | ||
| Q1 25 | $575.5M | $1.2B | ||
| Q4 24 | $654.3M | $1.4B | ||
| Q3 24 | $588.6M | $723.5M | ||
| Q2 24 | $598.6M | $722.4M |
总债务LILAMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $7.9B | $2.3B | ||
| Q3 25 | $7.8B | $2.3B | ||
| Q2 25 | $7.6B | $2.3B | ||
| Q1 25 | $7.6B | $2.3B | ||
| Q4 24 | $7.6B | $2.3B | ||
| Q3 24 | $7.6B | $2.3B | ||
| Q2 24 | $7.6B | $2.3B |
股东权益LILAMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $555.6M | $2.2B | ||
| Q3 25 | $628.9M | $2.3B | ||
| Q2 25 | $608.4M | $2.2B | ||
| Q1 25 | $1.0B | $2.1B | ||
| Q4 24 | $1.1B | $2.3B | ||
| Q3 24 | $1.2B | $2.3B | ||
| Q2 24 | $1.7B | $2.0B |
总资产LILAMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $12.2B | $6.6B | ||
| Q3 25 | $12.0B | $6.6B | ||
| Q2 25 | $12.0B | $6.2B | ||
| Q1 25 | $12.6B | $6.2B | ||
| Q4 24 | $12.8B | $6.5B | ||
| Q3 24 | $12.7B | $6.5B | ||
| Q2 24 | $13.2B | $5.9B |
负债/权益比LILAMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 14.17× | 1.04× | ||
| Q3 25 | 12.45× | 1.03× | ||
| Q2 25 | 12.50× | 1.08× | ||
| Q1 25 | 7.47× | 1.10× | ||
| Q4 24 | 6.99× | 1.03× | ||
| Q3 24 | 6.20× | 1.01× | ||
| Q2 24 | 4.59× | 1.18× |
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 | $461.9M | — |
| 自由现金流经营现金流 - 资本支出 | $320.1M | $-88.1M |
| 自由现金流率自由现金流/营收 | 27.6% | -10.2% |
| 资本支出强度资本支出/营收 | 12.2% | 7.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $305.9M | — |
8季度趋势，按日历期对齐
经营现金流LILAMAT
| Q1 26 | — | — | ||
| Q4 25 | $461.9M | $796.6M | ||
| Q3 25 | $178.2M | $72.0M | ||
| Q2 25 | $141.2M | $-300.1M | ||
| Q1 25 | $24.6M | $24.8M | ||
| Q4 24 | $398.6M | $862.1M | ||
| Q3 24 | $177.5M | $155.8M | ||
| Q2 24 | $156.9M | $-252.9M |
自由现金流LILAMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $320.1M | — | ||
| Q3 25 | $56.0M | — | ||
| Q2 25 | $1.9M | — | ||
| Q1 25 | $-72.1M | — | ||
| Q4 24 | $234.9M | — | ||
| Q3 24 | $51.0M | — | ||
| Q2 24 | $16.4M | — |
自由现金流率LILAMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 27.6% | — | ||
| Q3 25 | 5.0% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | -6.7% | — | ||
| Q4 24 | 20.6% | — | ||
| Q3 24 | 4.7% | — | ||
| Q2 24 | 1.5% | — |
资本支出强度LILAMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 12.2% | — | ||
| Q3 25 | 11.0% | — | ||
| Q2 25 | 12.8% | — | ||
| Q1 25 | 8.9% | — | ||
| Q4 24 | 14.4% | — | ||
| Q3 24 | 11.6% | — | ||
| Q2 24 | 12.6% | — |
现金转化率LILAMAT
| Q1 26 | — | — | ||
| Q4 25 | — | 7.50× | ||
| Q3 25 | 54.00× | 0.26× | ||
| Q2 25 | — | -5.62× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.12× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | -4.45× |
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
LILA
| Liberty Cablevisionof Puerto Rico LLC Liberty Puerto Rico | $301.3M | 26% |
| Cable Wireless Communications Limited CW Panama | $230.1M | 20% |
| Costa Rica Segment | $168.2M | 15% |
| Liberty Networks | $129.3M | 11% |
| Cable Subscription | $112.4M | 10% |
| Mobile Subscription | $95.9M | 8% |
| Mobile Handset And Other Devices | $73.0M | 6% |
| Liberty Networks Other | $25.0M | 2% |
| Mobile Non Subscription | $21.6M | 2% |
| B2B Mobile Handsetand Other Devices | $7.0M | 1% |
| Cable Non Subscription | $4.3M | 0% |
MAT
暂无分部数据
