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Liberty Latin America Ltd.（LILA）与瑞思迈（RMD）财务数据对比。点击上方公司名可切换其他公司
瑞思迈的季度营收约是Liberty Latin America Ltd.的1.2倍（$1.4B vs $1.2B），瑞思迈净利率更高（27.6% vs -4.7%，领先32.3%），瑞思迈同比增速更快（11.0% vs 1.7%），Liberty Latin America Ltd.自由现金流更多（$320.1M vs $311.2M），过去两年瑞思迈的营收复合增速更高（9.0% vs 2.7%）
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。
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
LILA vs RMD — 直观对比
营收规模更大
RMD
是对方的1.2倍
$1.2B
营收增速更快
RMD
高出9.3%
1.7%
净利率更高
RMD
高出32.3%
-4.7%
自由现金流更多
LILA
多$8.9M
$311.2M
两年增速更快
RMD
近两年复合增速
2.7%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.4B |
| 净利润 | $-54.8M | $392.6M |
| 毛利率 | 77.3% | 61.8% |
| 营业利润率 | 10.8% | 34.6% |
| 净利率 | -4.7% | 27.6% |
| 营收同比 | 1.7% | 11.0% |
| 净利润同比 | 74.0% | 13.9% |
| 每股收益（稀释后） | $-0.27 | $2.68 |
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LILARMD
| Q4 25 | $1.2B | $1.4B | ||
| Q3 25 | $1.1B | $1.3B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.1B | $1.2B | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $1.1B | $1.2B |
净利润LILARMD
| Q4 25 | $-54.8M | $392.6M | ||
| Q3 25 | $3.3M | $348.5M | ||
| Q2 25 | $-423.3M | $379.7M | ||
| Q1 25 | $-136.4M | $365.0M | ||
| Q4 24 | $-210.4M | $344.6M | ||
| Q3 24 | $-435.8M | $311.4M | ||
| Q2 24 | $-42.7M | $292.2M | ||
| Q1 24 | $-500.0K | $300.5M |
毛利率LILARMD
| Q4 25 | 77.3% | 61.8% | ||
| Q3 25 | 77.7% | 61.5% | ||
| Q2 25 | 78.6% | 60.8% | ||
| Q1 25 | 78.5% | 59.3% | ||
| Q4 24 | 76.1% | 58.6% | ||
| Q3 24 | 78.7% | 58.6% | ||
| Q2 24 | 78.1% | 58.5% | ||
| Q1 24 | 78.2% | 57.9% |
营业利润率LILARMD
| Q4 25 | 10.8% | 34.6% | ||
| Q3 25 | 16.9% | 33.4% | ||
| Q2 25 | -30.6% | 33.7% | ||
| Q1 25 | 11.8% | 33.0% | ||
| Q4 24 | 8.7% | 32.5% | ||
| Q3 24 | -34.9% | 31.6% | ||
| Q2 24 | 9.9% | 31.2% | ||
| Q1 24 | 8.4% | 31.3% |
净利率LILARMD
| Q4 25 | -4.7% | 27.6% | ||
| Q3 25 | 0.3% | 26.1% | ||
| Q2 25 | -39.0% | 28.2% | ||
| Q1 25 | -12.6% | 28.3% | ||
| Q4 24 | -18.5% | 26.9% | ||
| Q3 24 | -40.0% | 25.4% | ||
| Q2 24 | -3.8% | 23.9% | ||
| Q1 24 | -0.0% | 25.1% |
每股收益（稀释后）LILARMD
| Q4 25 | $-0.27 | $2.68 | ||
| Q3 25 | $0.02 | $2.37 | ||
| Q2 25 | $-2.12 | $2.58 | ||
| Q1 25 | $-0.69 | $2.48 | ||
| Q4 24 | $-1.03 | $2.34 | ||
| Q3 24 | $-2.22 | $2.11 | ||
| Q2 24 | $-0.22 | $1.97 | ||
| Q1 24 | $0.00 | $2.04 |
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 | $1.4B |
| 总债务越低越好 | $7.9B | $403.9M |
| 股东权益账面价值 | $555.6M | $6.3B |
| 总资产 | $12.2B | $8.5B |
| 负债/权益比越低杠杆越低 | 14.17× | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资LILARMD
| Q4 25 | $783.9M | $1.4B | ||
| Q3 25 | $596.7M | $1.4B | ||
| Q2 25 | $514.4M | $1.2B | ||
| Q1 25 | $575.5M | $932.7M | ||
| Q4 24 | $654.3M | $521.9M | ||
| Q3 24 | $588.6M | $426.4M | ||
| Q2 24 | $598.6M | $238.4M | ||
| Q1 24 | $668.5M | $237.9M |
总债务LILARMD
| Q4 25 | $7.9B | $403.9M | ||
| Q3 25 | $7.8B | $408.7M | ||
| Q2 25 | $7.6B | $658.4M | ||
| Q1 25 | $7.6B | $663.1M | ||
| Q4 24 | $7.6B | $662.9M | ||
| Q3 24 | $7.6B | $667.6M | ||
| Q2 24 | $7.6B | $697.3M | ||
| Q1 24 | $7.6B | $997.0M |
股东权益LILARMD
| Q4 25 | $555.6M | $6.3B | ||
| Q3 25 | $628.9M | $6.1B | ||
| Q2 25 | $608.4M | $6.0B | ||
| Q1 25 | $1.0B | $5.5B | ||
| Q4 24 | $1.1B | $5.3B | ||
| Q3 24 | $1.2B | $5.2B | ||
| Q2 24 | $1.7B | $4.9B | ||
| Q1 24 | $1.7B | $4.6B |
总资产LILARMD
| Q4 25 | $12.2B | $8.5B | ||
| Q3 25 | $12.0B | $8.3B | ||
| Q2 25 | $12.0B | $8.2B | ||
| Q1 25 | $12.6B | $7.6B | ||
| Q4 24 | $12.8B | $7.1B | ||
| Q3 24 | $12.7B | $7.2B | ||
| Q2 24 | $13.2B | $6.9B | ||
| Q1 24 | $13.3B | $6.8B |
负债/权益比LILARMD
| Q4 25 | 14.17× | 0.06× | ||
| Q3 25 | 12.45× | 0.07× | ||
| Q2 25 | 12.50× | 0.11× | ||
| Q1 25 | 7.47× | 0.12× | ||
| Q4 24 | 6.99× | 0.13× | ||
| Q3 24 | 6.20× | 0.13× | ||
| Q2 24 | 4.59× | 0.14× | ||
| Q1 24 | 4.38× | 0.22× |
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 | $339.7M |
| 自由现金流经营现金流 - 资本支出 | $320.1M | $311.2M |
| 自由现金流率自由现金流/营收 | 27.6% | 21.9% |
| 资本支出强度资本支出/营收 | 12.2% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 0.87× |
| 过去12个月自由现金流最近4个季度 | $305.9M | $1.8B |
8季度趋势，按日历期对齐
经营现金流LILARMD
| Q4 25 | $461.9M | $339.7M | ||
| Q3 25 | $178.2M | $457.3M | ||
| Q2 25 | $141.2M | $538.8M | ||
| Q1 25 | $24.6M | $578.7M | ||
| Q4 24 | $398.6M | $308.6M | ||
| Q3 24 | $177.5M | $325.5M | ||
| Q2 24 | $156.9M | $440.1M | ||
| Q1 24 | $23.3M | $402.0M |
自由现金流LILARMD
| Q4 25 | $320.1M | $311.2M | ||
| Q3 25 | $56.0M | $414.4M | ||
| Q2 25 | $1.9M | $508.2M | ||
| Q1 25 | $-72.1M | $557.9M | ||
| Q4 24 | $234.9M | $288.0M | ||
| Q3 24 | $51.0M | $307.7M | ||
| Q2 24 | $16.4M | $415.2M | ||
| Q1 24 | $-86.4M | $380.8M |
自由现金流率LILARMD
| Q4 25 | 27.6% | 21.9% | ||
| Q3 25 | 5.0% | 31.0% | ||
| Q2 25 | 0.2% | 37.7% | ||
| Q1 25 | -6.7% | 43.2% | ||
| Q4 24 | 20.6% | 22.5% | ||
| Q3 24 | 4.7% | 25.1% | ||
| Q2 24 | 1.5% | 33.9% | ||
| Q1 24 | -7.9% | 31.8% |
资本支出强度LILARMD
| Q4 25 | 12.2% | 2.0% | ||
| Q3 25 | 11.0% | 3.2% | ||
| Q2 25 | 12.8% | 2.3% | ||
| Q1 25 | 8.9% | 1.6% | ||
| Q4 24 | 14.4% | 1.6% | ||
| Q3 24 | 11.6% | 1.5% | ||
| Q2 24 | 12.6% | 2.0% | ||
| Q1 24 | 10.0% | 1.8% |
现金转化率LILARMD
| Q4 25 | — | 0.87× | ||
| Q3 25 | 54.00× | 1.31× | ||
| Q2 25 | — | 1.42× | ||
| Q1 25 | — | 1.59× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 1.05× | ||
| Q2 24 | — | 1.51× | ||
| Q1 24 | — | 1.34× |
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% |
RMD
| Sleep And Breathing Health | $1.3B | 88% |
| Residential Care Software | $166.9M | 12% |
