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莱夫 Nation 娱乐（LIVE）与null（SWIM）财务数据对比。点击上方公司名可切换其他公司
莱夫 Nation 娱乐的季度营收约是null的1.1倍（$108.5M vs $100.0M），莱夫 Nation 娱乐净利率更高（-0.1% vs -7.0%，领先7.0%），null同比增速更快（14.5% vs -2.7%），null自由现金流更多（$14.1M vs $8.5M），过去两年莱夫 Nation 娱乐的营收复合增速更高（-4.3% vs -4.9%）
Live Nation Entertainment是一家美国跨国娱乐企业，2010年由Live Nation与Ticketmaster合并而成。目前两大品牌均作为子品牌运营，在全球范围内推广现场娱乐活动并提供票务销售服务，同时还自营多处娱乐场馆，并为音乐人提供艺人经纪服务。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
LIVE vs SWIM — 直观对比
营收规模更大
LIVE
是对方的1.1倍
$100.0M
营收增速更快
SWIM
高出17.2%
-2.7%
净利率更高
LIVE
高出7.0%
-7.0%
自由现金流更多
SWIM
多$5.6M
$8.5M
两年增速更快
LIVE
近两年复合增速
-4.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $108.5M | $100.0M |
| 净利润 | $-64.0K | $-7.0M |
| 毛利率 | 32.6% | 28.0% |
| 营业利润率 | 3.2% | -10.7% |
| 净利率 | -0.1% | -7.0% |
| 营收同比 | -2.7% | 14.5% |
| 净利润同比 | -113.0% | 76.0% |
| 每股收益（稀释后） | $-0.02 | $-0.06 |
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LIVESWIM
| Q4 25 | $108.5M | $100.0M | ||
| Q3 25 | $113.9M | $161.9M | ||
| Q2 25 | $112.5M | $172.6M | ||
| Q1 25 | $107.0M | $111.4M | ||
| Q4 24 | $111.5M | $87.3M | ||
| Q3 24 | $112.7M | $150.5M | ||
| Q2 24 | $123.9M | $160.1M | ||
| Q1 24 | $118.6M | $110.6M |
净利润LIVESWIM
| Q4 25 | $-64.0K | $-7.0M | ||
| Q3 25 | $997.0K | $8.1M | ||
| Q2 25 | $5.4M | $16.0M | ||
| Q1 25 | $15.9M | $-6.0M | ||
| Q4 24 | $492.0K | $-29.2M | ||
| Q3 24 | $-19.9M | $5.9M | ||
| Q2 24 | $-2.9M | $13.3M | ||
| Q1 24 | $-3.3M | $-7.9M |
毛利率LIVESWIM
| Q4 25 | 32.6% | 28.0% | ||
| Q3 25 | 32.4% | 35.4% | ||
| Q2 25 | 34.0% | 37.1% | ||
| Q1 25 | 32.8% | 29.5% | ||
| Q4 24 | 31.7% | 24.6% | ||
| Q3 24 | 31.9% | 32.4% | ||
| Q2 24 | 29.9% | 33.1% | ||
| Q1 24 | 29.9% | 27.7% |
营业利润率LIVESWIM
| Q4 25 | 3.2% | -10.7% | ||
| Q3 25 | 3.3% | 13.3% | ||
| Q2 25 | 7.1% | 14.3% | ||
| Q1 25 | 2.0% | -4.4% | ||
| Q4 24 | 0.7% | -14.9% | ||
| Q3 24 | -15.5% | 8.9% | ||
| Q2 24 | 0.9% | 12.5% | ||
| Q1 24 | -0.7% | -1.9% |
净利率LIVESWIM
| Q4 25 | -0.1% | -7.0% | ||
| Q3 25 | 0.9% | 5.0% | ||
| Q2 25 | 4.8% | 9.3% | ||
| Q1 25 | 14.8% | -5.4% | ||
| Q4 24 | 0.4% | -33.4% | ||
| Q3 24 | -17.6% | 3.9% | ||
| Q2 24 | -2.3% | 8.3% | ||
| Q1 24 | -2.8% | -7.1% |
每股收益（稀释后）LIVESWIM
| Q4 25 | $-0.02 | $-0.06 | ||
| Q3 25 | $-1.52 | $0.07 | ||
| Q2 25 | $1.24 | $0.13 | ||
| Q1 25 | $5.05 | $-0.05 | ||
| Q4 24 | $0.16 | $-0.24 | ||
| Q3 24 | $-6.31 | $0.05 | ||
| Q2 24 | $-0.91 | $0.11 | ||
| Q1 24 | $-1.04 | $-0.07 |
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 | — | — |
| 总债务越低越好 | — | $279.8M |
| 股东权益账面价值 | $95.3M | $405.9M |
| 总资产 | $389.2M | $823.2M |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
总债务LIVESWIM
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
股东权益LIVESWIM
| Q4 25 | $95.3M | $405.9M | ||
| Q3 25 | $95.3M | $408.4M | ||
| Q2 25 | $94.3M | $398.4M | ||
| Q1 25 | $88.9M | $381.1M | ||
| Q4 24 | $73.3M | $387.2M | ||
| Q3 24 | $72.9M | $416.6M | ||
| Q2 24 | $92.7M | $408.1M | ||
| Q1 24 | $95.9M | $391.8M |
总资产LIVESWIM
| Q4 25 | $389.2M | $823.2M | ||
| Q3 25 | $386.4M | $844.4M | ||
| Q2 25 | $387.5M | $822.1M | ||
| Q1 25 | $393.6M | $824.6M | ||
| Q4 24 | $395.5M | $794.2M | ||
| Q3 24 | $407.5M | $853.4M | ||
| Q2 24 | $436.8M | $830.0M | ||
| Q1 24 | $433.9M | $808.6M |
负债/权益比LIVESWIM
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
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 | $9.8M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $8.5M | $14.1M |
| 自由现金流率自由现金流/营收 | 7.8% | 14.1% |
| 资本支出强度资本支出/营收 | 1.2% | 9.2% |
| 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 | $21.9M | $38.0M |
8季度趋势，按日历期对齐
经营现金流LIVESWIM
| Q4 25 | $9.8M | $23.3M | ||
| Q3 25 | $6.8M | $51.0M | ||
| Q2 25 | $12.3M | $36.0M | ||
| Q1 25 | $231.0K | $-46.9M | ||
| Q4 24 | $9.4M | $6.2M | ||
| Q3 24 | $6.7M | $37.2M | ||
| Q2 24 | $11.7M | $52.4M | ||
| Q1 24 | $-5.7M | $-34.5M |
自由现金流LIVESWIM
| Q4 25 | $8.5M | $14.1M | ||
| Q3 25 | $4.8M | $45.2M | ||
| Q2 25 | $10.8M | $29.1M | ||
| Q1 25 | $-2.3M | $-50.3M | ||
| Q4 24 | $7.6M | $-98.0K | ||
| Q3 24 | $3.3M | $33.2M | ||
| Q2 24 | $10.1M | $47.9M | ||
| Q1 24 | $-7.5M | $-39.9M |
自由现金流率LIVESWIM
| Q4 25 | 7.8% | 14.1% | ||
| Q3 25 | 4.2% | 27.9% | ||
| Q2 25 | 9.6% | 16.8% | ||
| Q1 25 | -2.1% | -45.2% | ||
| Q4 24 | 6.8% | -0.1% | ||
| Q3 24 | 2.9% | 22.1% | ||
| Q2 24 | 8.2% | 29.9% | ||
| Q1 24 | -6.3% | -36.0% |
资本支出强度LIVESWIM
| Q4 25 | 1.2% | 9.2% | ||
| Q3 25 | 1.7% | 3.6% | ||
| Q2 25 | 1.3% | 4.0% | ||
| Q1 25 | 2.3% | 3.1% | ||
| Q4 24 | 1.6% | 7.2% | ||
| Q3 24 | 3.1% | 2.7% | ||
| Q2 24 | 1.3% | 2.8% | ||
| Q1 24 | 1.4% | 4.8% |
现金转化率LIVESWIM
| Q4 25 | — | — | ||
| Q3 25 | 6.78× | 6.29× | ||
| Q2 25 | 2.28× | 2.25× | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 19.11× | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| 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
LIVE
| Steel Manufacturing Segment | $31.9M | 29% |
| Flooring Manufacturing Segment | $28.9M | 27% |
| Retail Flooring Segment | $25.3M | 23% |
| Retail Entertainment Segment | $23.6M | 22% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
