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Liberty Latin America Ltd.（LILA）与Optimum Communications, Inc.（OPTU）财务数据对比。点击上方公司名可切换其他公司
Optimum Communications, Inc.的季度营收约是Liberty Latin America Ltd.的1.9倍（$2.2B vs $1.2B），Optimum Communications, Inc.净利率更高（-3.3% vs -4.7%，领先1.5%），Liberty Latin America Ltd.同比增速更快（1.7% vs -2.3%），Liberty Latin America Ltd.自由现金流更多（$320.1M vs $199.4M），过去两年Liberty Latin America Ltd.的营收复合增速更高（2.7% vs -1.5%）
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。
Optimum Communications, Inc.是由法籍以色列商人帕特里克·德拉希控股的美国电信运营商，核心业务为数字有线电视与宽带互联网服务，服务覆盖纽约大都会区及美国中西部、南部多个州。截至2017年，该公司在全美21个州共拥有约490万住宅及企业客户，是美国第四大电信企业。
LILA vs OPTU — 直观对比
营收规模更大
OPTU
是对方的1.9倍
$1.2B
营收增速更快
LILA
高出4.0%
-2.3%
净利率更高
OPTU
高出1.5%
-4.7%
自由现金流更多
LILA
多$120.7M
$199.4M
两年增速更快
LILA
近两年复合增速
-1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $2.2B |
| 净利润 | $-54.8M | $-71.2M |
| 毛利率 | 77.3% | 69.5% |
| 营业利润率 | 10.8% | 18.2% |
| 净利率 | -4.7% | -3.3% |
| 营收同比 | 1.7% | -2.3% |
| 净利润同比 | 74.0% | -31.6% |
| 每股收益（稀释后） | $-0.27 | $-0.16 |
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LILAOPTU
| Q4 25 | $1.2B | $2.2B | ||
| Q3 25 | $1.1B | $2.1B | ||
| Q2 25 | $1.1B | $2.1B | ||
| Q1 25 | $1.1B | $2.2B | ||
| Q4 24 | $1.1B | $2.2B | ||
| Q3 24 | $1.1B | $2.2B | ||
| Q2 24 | $1.1B | $2.2B | ||
| Q1 24 | $1.1B | $2.3B |
净利润LILAOPTU
| Q4 25 | $-54.8M | $-71.2M | ||
| Q3 25 | $3.3M | $-1.6B | ||
| Q2 25 | $-423.3M | $-96.3M | ||
| Q1 25 | $-136.4M | $-75.7M | ||
| Q4 24 | $-210.4M | $-54.1M | ||
| Q3 24 | $-435.8M | $-43.0M | ||
| Q2 24 | $-42.7M | $15.4M | ||
| Q1 24 | $-500.0K | $-21.2M |
毛利率LILAOPTU
| Q4 25 | 77.3% | 69.5% | ||
| Q3 25 | 77.7% | 69.7% | ||
| Q2 25 | 78.6% | 69.1% | ||
| Q1 25 | 78.5% | 68.8% | ||
| Q4 24 | 76.1% | 67.7% | ||
| Q3 24 | 78.7% | 68.1% | ||
| Q2 24 | 78.1% | 67.9% | ||
| Q1 24 | 78.2% | 67.0% |
营业利润率LILAOPTU
| Q4 25 | 10.8% | 18.2% | ||
| Q3 25 | 16.9% | -55.3% | ||
| Q2 25 | -30.6% | 14.5% | ||
| Q1 25 | 11.8% | 16.0% | ||
| Q4 24 | 8.7% | 15.2% | ||
| Q3 24 | -34.9% | 20.0% | ||
| Q2 24 | 9.9% | 22.4% | ||
| Q1 24 | 8.4% | 17.5% |
净利率LILAOPTU
| Q4 25 | -4.7% | -3.3% | ||
| Q3 25 | 0.3% | -77.1% | ||
| Q2 25 | -39.0% | -4.5% | ||
| Q1 25 | -12.6% | -3.5% | ||
| Q4 24 | -18.5% | -2.4% | ||
| Q3 24 | -40.0% | -1.9% | ||
| Q2 24 | -3.8% | 0.7% | ||
| Q1 24 | -0.0% | -0.9% |
每股收益（稀释后）LILAOPTU
| Q4 25 | $-0.27 | $-0.16 | ||
| Q3 25 | $0.02 | $-3.47 | ||
| Q2 25 | $-2.12 | $-0.21 | ||
| Q1 25 | $-0.69 | $-0.16 | ||
| Q4 24 | $-1.03 | $-0.11 | ||
| Q3 24 | $-2.22 | $-0.09 | ||
| Q2 24 | $-0.22 | $0.03 | ||
| Q1 24 | $0.00 | $-0.05 |
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 | $1.0B |
| 总债务越低越好 | $7.9B | $26.2B |
| 股东权益账面价值 | $555.6M | $-2.3B |
| 总资产 | $12.2B | $30.7B |
| 负债/权益比越低杠杆越低 | 14.17× | — |
8季度趋势，按日历期对齐
现金及短期投资LILAOPTU
| Q4 25 | $783.9M | $1.0B | ||
| Q3 25 | $596.7M | $938.8M | ||
| Q2 25 | $514.4M | $247.3M | ||
| Q1 25 | $575.5M | $279.1M | ||
| Q4 24 | $654.3M | $256.5M | ||
| Q3 24 | $588.6M | $250.0M | ||
| Q2 24 | $598.6M | $362.1M | ||
| Q1 24 | $668.5M | $284.4M |
总债务LILAOPTU
| Q4 25 | $7.9B | $26.2B | ||
| Q3 25 | $7.8B | $26.2B | ||
| Q2 25 | $7.6B | $25.3B | ||
| Q1 25 | $7.6B | $25.3B | ||
| Q4 24 | $7.6B | $25.1B | ||
| Q3 24 | $7.6B | $25.1B | ||
| Q2 24 | $7.6B | $25.2B | ||
| Q1 24 | $7.6B | $25.1B |
股东权益LILAOPTU
| Q4 25 | $555.6M | $-2.3B | ||
| Q3 25 | $628.9M | $-2.2B | ||
| Q2 25 | $608.4M | $-624.1M | ||
| Q1 25 | $1.0B | $-543.0M | ||
| Q4 24 | $1.1B | $-469.2M | ||
| Q3 24 | $1.2B | $-427.1M | ||
| Q2 24 | $1.7B | $-399.1M | ||
| Q1 24 | $1.7B | $-431.2M |
总资产LILAOPTU
| Q4 25 | $12.2B | $30.7B | ||
| Q3 25 | $12.0B | $30.7B | ||
| Q2 25 | $12.0B | $31.6B | ||
| Q1 25 | $12.6B | $31.7B | ||
| Q4 24 | $12.8B | $31.7B | ||
| Q3 24 | $12.7B | $31.8B | ||
| Q2 24 | $13.2B | $32.0B | ||
| Q1 24 | $13.3B | $31.9B |
负债/权益比LILAOPTU
| Q4 25 | 14.17× | — | ||
| Q3 25 | 12.45× | — | ||
| Q2 25 | 12.50× | — | ||
| Q1 25 | 7.47× | — | ||
| Q4 24 | 6.99× | — | ||
| Q3 24 | 6.20× | — | ||
| Q2 24 | 4.59× | — | ||
| Q1 24 | 4.38× | — |
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 | $481.6M |
| 自由现金流经营现金流 - 资本支出 | $320.1M | $199.4M |
| 自由现金流率自由现金流/营收 | 27.6% | 9.1% |
| 资本支出强度资本支出/营收 | 12.2% | 12.9% |
| 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 | $-118.8M |
8季度趋势，按日历期对齐
经营现金流LILAOPTU
| Q4 25 | $461.9M | $481.6M | ||
| Q3 25 | $178.2M | $147.4M | ||
| Q2 25 | $141.2M | $412.0M | ||
| Q1 25 | $24.6M | $187.5M | ||
| Q4 24 | $398.6M | $439.9M | ||
| Q3 24 | $177.5M | $436.0M | ||
| Q2 24 | $156.9M | $306.8M | ||
| Q1 24 | $23.3M | $399.7M |
自由现金流LILAOPTU
| Q4 25 | $320.1M | $199.4M | ||
| Q3 25 | $56.0M | $-178.1M | ||
| Q2 25 | $1.9M | $28.4M | ||
| Q1 25 | $-72.1M | $-168.6M | ||
| Q4 24 | $234.9M | $49.9M | ||
| Q3 24 | $51.0M | $76.9M | ||
| Q2 24 | $16.4M | $-40.9M | ||
| Q1 24 | $-86.4M | $63.6M |
自由现金流率LILAOPTU
| Q4 25 | 27.6% | 9.1% | ||
| Q3 25 | 5.0% | -8.4% | ||
| Q2 25 | 0.2% | 1.3% | ||
| Q1 25 | -6.7% | -7.8% | ||
| Q4 24 | 20.6% | 2.2% | ||
| Q3 24 | 4.7% | 3.5% | ||
| Q2 24 | 1.5% | -1.8% | ||
| Q1 24 | -7.9% | 2.8% |
资本支出强度LILAOPTU
| Q4 25 | 12.2% | 12.9% | ||
| Q3 25 | 11.0% | 15.4% | ||
| Q2 25 | 12.8% | 17.9% | ||
| Q1 25 | 8.9% | 16.5% | ||
| Q4 24 | 14.4% | 17.5% | ||
| Q3 24 | 11.6% | 16.1% | ||
| Q2 24 | 12.6% | 15.5% | ||
| Q1 24 | 10.0% | 14.9% |
现金转化率LILAOPTU
| Q4 25 | — | — | ||
| Q3 25 | 54.00× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 19.97× | ||
| Q1 24 | — | — |
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% |
OPTU
| Total Residential Revenue | $1.6B | 74% |
| Business Servicesand Wholesale | $401.8M | 18% |
| Telephony | $60.8M | 3% |
| Other | $57.9M | 3% |
| Franchise | $50.0M | 2% |
