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利安德巴塞尔（LYB）与皇家加勒比集团（RCL）财务数据对比。点击上方公司名可切换其他公司
利安德巴塞尔的季度营收约是皇家加勒比集团的1.7倍（$7.1B vs $4.3B），皇家加勒比集团净利率更高（17.9% vs -2.0%，领先19.9%），皇家加勒比集团同比增速更快（13.2% vs -25.3%），过去两年皇家加勒比集团的营收复合增速更高（1.8% vs -15.5%）
利安德巴塞尔是跨国化工巨头，注册地位于荷兰，美国业务总部设在得克萨斯州休斯敦，在英国伦敦设有办事处。作为全球最大的聚乙烯、聚丙烯技术授权商，公司还生产乙烯、丙烯、聚烯烃、氧化燃料等各类化工产品。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
LYB vs RCL — 直观对比
营收规模更大
LYB
是对方的1.7倍
$4.3B
营收增速更快
RCL
高出38.6%
-25.3%
净利率更高
RCL
高出19.9%
-2.0%
两年增速更快
RCL
近两年复合增速
-15.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $7.1B | $4.3B |
| 净利润 | $-140.0M | $762.0M |
| 毛利率 | 4.7% | — |
| 营业利润率 | -1.2% | 21.9% |
| 净利率 | -2.0% | 17.9% |
| 营收同比 | -25.3% | 13.2% |
| 净利润同比 | 76.8% | 36.3% |
| 每股收益（稀释后） | $-0.45 | $2.76 |
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LYBRCL
| Q1 26 | — | $4.3B | ||
| Q4 25 | $7.1B | $4.3B | ||
| Q3 25 | $7.7B | $5.1B | ||
| Q2 25 | $7.7B | $4.5B | ||
| Q1 25 | $7.7B | $4.0B | ||
| Q4 24 | $9.5B | $3.8B | ||
| Q3 24 | $10.3B | $4.9B | ||
| Q2 24 | $10.6B | $4.1B |
净利润LYBRCL
| Q1 26 | — | $762.0M | ||
| Q4 25 | $-140.0M | $753.0M | ||
| Q3 25 | $-890.0M | $1.6B | ||
| Q2 25 | $115.0M | $1.2B | ||
| Q1 25 | $177.0M | $730.0M | ||
| Q4 24 | $-603.0M | $552.0M | ||
| Q3 24 | $573.0M | $1.1B | ||
| Q2 24 | $924.0M | $854.0M |
毛利率LYBRCL
| Q1 26 | — | — | ||
| Q4 25 | 4.7% | 47.4% | ||
| Q3 25 | 11.7% | 51.8% | ||
| Q2 25 | 10.3% | 49.7% | ||
| Q1 25 | 7.2% | 48.0% | ||
| Q4 24 | 7.9% | 45.4% | ||
| Q3 24 | 12.0% | 51.1% | ||
| Q2 24 | 13.4% | 47.6% |
营业利润率LYBRCL
| Q1 26 | — | 21.9% | ||
| Q4 25 | -1.2% | 21.9% | ||
| Q3 25 | -9.5% | 33.1% | ||
| Q2 25 | 3.7% | 29.3% | ||
| Q1 25 | 1.5% | 23.6% | ||
| Q4 24 | -6.9% | 16.6% | ||
| Q3 24 | 7.8% | 33.4% | ||
| Q2 24 | 9.2% | 26.7% |
净利率LYBRCL
| Q1 26 | — | 17.9% | ||
| Q4 25 | -2.0% | 17.7% | ||
| Q3 25 | -11.5% | 30.6% | ||
| Q2 25 | 1.5% | 26.7% | ||
| Q1 25 | 2.3% | 18.3% | ||
| Q4 24 | -6.3% | 14.7% | ||
| Q3 24 | 5.6% | 22.7% | ||
| Q2 24 | 8.8% | 20.8% |
每股收益（稀释后）LYBRCL
| Q1 26 | — | $2.76 | ||
| Q4 25 | $-0.45 | $2.76 | ||
| Q3 25 | $-2.77 | $5.74 | ||
| Q2 25 | $0.34 | $4.41 | ||
| Q1 25 | $0.54 | $2.70 | ||
| Q4 24 | $-1.86 | $2.27 | ||
| Q3 24 | $1.75 | $4.21 | ||
| Q2 24 | $2.82 | $3.11 |
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 | $5.5B | $825.0M |
| 总债务越低越好 | $12.1B | $21.3B |
| 股东权益账面价值 | $10.1B | $10.2B |
| 总资产 | $34.0B | $41.6B |
| 负债/权益比越低杠杆越低 | 1.20× | 2.08× |
8季度趋势，按日历期对齐
现金及短期投资LYBRCL
| Q1 26 | — | $825.0M | ||
| Q4 25 | $5.5B | $825.0M | ||
| Q3 25 | $2.5B | $432.0M | ||
| Q2 25 | $2.5B | $735.0M | ||
| Q1 25 | $3.0B | $386.0M | ||
| Q4 24 | $6.0B | $388.0M | ||
| Q3 24 | $4.3B | $418.0M | ||
| Q2 24 | $4.7B | $391.0M |
总债务LYBRCL
| Q1 26 | — | $21.3B | ||
| Q4 25 | $12.1B | $18.2B | ||
| Q3 25 | $10.6B | $17.2B | ||
| Q2 25 | $11.2B | $17.6B | ||
| Q1 25 | $10.6B | $18.0B | ||
| Q4 24 | $10.5B | $18.5B | ||
| Q3 24 | $11.1B | $19.0B | ||
| Q2 24 | $11.0B | $19.8B |
股东权益LYBRCL
| Q1 26 | — | $10.2B | ||
| Q4 25 | $10.1B | $10.0B | ||
| Q3 25 | $10.6B | $10.1B | ||
| Q2 25 | $11.9B | $9.2B | ||
| Q1 25 | $12.2B | $8.0B | ||
| Q4 24 | $12.5B | $7.6B | ||
| Q3 24 | $13.7B | $7.0B | ||
| Q2 24 | $13.4B | $6.0B |
总资产LYBRCL
| Q1 26 | — | $41.6B | ||
| Q4 25 | $34.0B | $41.6B | ||
| Q3 25 | $33.8B | $40.1B | ||
| Q2 25 | $35.4B | $38.5B | ||
| Q1 25 | $35.2B | $37.5B | ||
| Q4 24 | $35.7B | $37.1B | ||
| Q3 24 | $37.3B | $37.1B | ||
| Q2 24 | $37.1B | $37.0B |
负债/权益比LYBRCL
| Q1 26 | — | 2.08× | ||
| Q4 25 | 1.20× | 1.81× | ||
| Q3 25 | 1.00× | 1.70× | ||
| Q2 25 | 0.94× | 1.92× | ||
| Q1 25 | 0.87× | 2.26× | ||
| Q4 24 | 0.85× | 2.44× | ||
| Q3 24 | 0.81× | 2.69× | ||
| Q2 24 | 0.82× | 3.29× |
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 | $1.5B | $6.5B |
| 自由现金流经营现金流 - 资本支出 | $1.1B | — |
| 自由现金流率自由现金流/营收 | 14.9% | — |
| 资本支出强度资本支出/营收 | 6.3% | — |
| 现金转化率经营现金流/净利润 | — | 8.48× |
| 过去12个月自由现金流最近4个季度 | $384.0M | — |
8季度趋势，按日历期对齐
经营现金流LYBRCL
| Q1 26 | — | $6.5B | ||
| Q4 25 | $1.5B | $1.6B | ||
| Q3 25 | $983.0M | $1.5B | ||
| Q2 25 | $351.0M | $1.7B | ||
| Q1 25 | $-579.0M | $1.6B | ||
| Q4 24 | $1.9B | $1.5B | ||
| Q3 24 | $670.0M | $897.0M | ||
| Q2 24 | $1.3B | $1.6B |
自由现金流LYBRCL
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $116.0M | ||
| Q3 25 | $577.0M | $-989.0M | ||
| Q2 25 | $-188.0M | $910.0M | ||
| Q1 25 | $-1.1B | $1.2B | ||
| Q4 24 | $1.4B | $915.0M | ||
| Q3 24 | $302.0M | $563.0M | ||
| Q2 24 | $864.0M | $-567.0M |
自由现金流率LYBRCL
| Q1 26 | — | — | ||
| Q4 25 | 14.9% | 2.7% | ||
| Q3 25 | 7.5% | -19.2% | ||
| Q2 25 | -2.5% | 20.1% | ||
| Q1 25 | -13.8% | 30.0% | ||
| Q4 24 | 14.9% | 24.3% | ||
| Q3 24 | 2.9% | 11.5% | ||
| Q2 24 | 8.2% | -13.8% |
资本支出强度LYBRCL
| Q1 26 | — | — | ||
| Q4 25 | 6.3% | 35.4% | ||
| Q3 25 | 5.3% | 47.8% | ||
| Q2 25 | 7.0% | 18.4% | ||
| Q1 25 | 6.3% | 10.7% | ||
| Q4 24 | 5.3% | 14.7% | ||
| Q3 24 | 3.6% | 6.8% | ||
| Q2 24 | 4.6% | 52.1% |
现金转化率LYBRCL
| Q1 26 | — | 8.48× | ||
| Q4 25 | — | 2.16× | ||
| Q3 25 | — | 0.93× | ||
| Q2 25 | 3.05× | 1.44× | ||
| Q1 25 | -3.27× | 2.23× | ||
| Q4 24 | — | 2.66× | ||
| Q3 24 | 1.17× | 0.81× | ||
| Q2 24 | 1.46× | 1.84× |
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
LYB
| Polypropylene | $1.3B | 18% |
| Oxyfuels And Related Products | $1.3B | 18% |
| Olefins And Co Products | $1.1B | 15% |
| Advanced Polymer Solutions | $774.0M | 11% |
| Po And Derivatives | $497.0M | 7% |
| Other | $492.0M | 7% |
| DE | $440.0M | 6% |
| MX | $353.0M | 5% |
| Intermediate Chemicals | $341.0M | 5% |
| Discontinued Operations Disposed Of By Means Other Than Sale | $265.0M | 4% |
| Other Products | $199.0M | 3% |
| Related Party | $126.0M | 2% |
RCL
暂无分部数据
