vs
奥飞娱乐（MAX）与OUTFRONT Media Inc.（OUT）财务数据对比。点击上方公司名可切换其他公司
OUTFRONT Media Inc.的季度营收约是奥飞娱乐的1.7倍（$513.3M vs $310.0M），OUTFRONT Media Inc.净利率更高（18.9% vs 4.5%，领先14.3%），奥飞娱乐同比增速更快（17.3% vs 4.1%），过去两年奥飞娱乐的营收复合增速更高（31.9% vs 12.1%）
奥飞娱乐股份有限公司由蔡东青于1993年创立，是一家中国跨国综合企业集团，主营动漫、玩具、传媒资产与娱乐业务，2016年由原奥飞动漫更名而来。集团拥有国漫平台有妖气，还在美国设有影视公司奥飞影业，并宣布将在美国设立动漫业务部门。
OUTFRONT Media Inc.是一家美国广告企业，业务覆盖美国本土，由首席执行官Nick Brien领导美洲区业务，核心经营广告牌及公共交通展示广告两大业务板块，是户外广告领域的重要参与者。
MAX vs OUT — 直观对比
营收规模更大
OUT
是对方的1.7倍
$310.0M
营收增速更快
MAX
高出13.2%
4.1%
净利率更高
OUT
高出14.3%
4.5%
两年增速更快
MAX
近两年复合增速
12.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $310.0M | $513.3M |
| 净利润 | $14.0M | $96.8M |
| 毛利率 | 15.1% | — |
| 营业利润率 | 7.2% | 26.0% |
| 净利率 | 4.5% | 18.9% |
| 营收同比 | 17.3% | 4.1% |
| 净利润同比 | 701.8% | 30.8% |
| 每股收益（稀释后） | — | $0.57 |
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MAXOUT
| Q1 26 | $310.0M | — | ||
| Q4 25 | $291.2M | $513.3M | ||
| Q3 25 | $306.5M | $467.5M | ||
| Q2 25 | $251.6M | $460.2M | ||
| Q1 25 | $264.3M | $390.7M | ||
| Q4 24 | $300.6M | $493.2M | ||
| Q3 24 | $259.1M | $451.9M | ||
| Q2 24 | $178.3M | $477.3M |
净利润MAXOUT
| Q1 26 | $14.0M | — | ||
| Q4 25 | $31.4M | $96.8M | ||
| Q3 25 | $14.9M | $51.3M | ||
| Q2 25 | $-18.7M | $19.5M | ||
| Q1 25 | $-1.9M | $-20.6M | ||
| Q4 24 | $4.6M | $74.0M | ||
| Q3 24 | $9.5M | $34.6M | ||
| Q2 24 | $3.6M | $176.8M |
毛利率MAXOUT
| Q1 26 | 15.1% | — | ||
| Q4 25 | 15.4% | — | ||
| Q3 25 | 14.2% | — | ||
| Q2 25 | 15.0% | — | ||
| Q1 25 | 15.8% | — | ||
| Q4 24 | 16.3% | — | ||
| Q3 24 | 15.1% | — | ||
| Q2 24 | 17.8% | — |
营业利润率MAXOUT
| Q1 26 | 7.2% | — | ||
| Q4 25 | 7.7% | 26.0% | ||
| Q3 25 | 6.4% | 19.2% | ||
| Q2 25 | -8.0% | 12.2% | ||
| Q1 25 | 0.0% | 3.6% | ||
| Q4 24 | 6.1% | 22.5% | ||
| Q3 24 | 6.0% | 15.8% | ||
| Q2 24 | 3.6% | 48.0% |
净利率MAXOUT
| Q1 26 | 4.5% | — | ||
| Q4 25 | 10.8% | 18.9% | ||
| Q3 25 | 4.9% | 11.0% | ||
| Q2 25 | -7.4% | 4.2% | ||
| Q1 25 | -0.7% | -5.3% | ||
| Q4 24 | 1.5% | 15.0% | ||
| Q3 24 | 3.7% | 7.7% | ||
| Q2 24 | 2.0% | 37.0% |
每股收益（稀释后）MAXOUT
| Q1 26 | — | — | ||
| Q4 25 | $0.50 | $0.57 | ||
| Q3 25 | $0.26 | $0.29 | ||
| Q2 25 | $-0.33 | $0.10 | ||
| Q1 25 | $-0.04 | $-0.14 | ||
| Q4 24 | $0.09 | $0.49 | ||
| Q3 24 | $0.17 | $0.19 | ||
| Q2 24 | $0.07 | $1.01 |
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 | $26.1M | $99.9M |
| 总债务越低越好 | $163.5M | — |
| 股东权益账面价值 | — | $710.4M |
| 总资产 | $367.7M | $5.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MAXOUT
| Q1 26 | $26.1M | — | ||
| Q4 25 | $46.9M | $99.9M | ||
| Q3 25 | $38.8M | $63.0M | ||
| Q2 25 | $85.4M | $28.5M | ||
| Q1 25 | $63.6M | $30.5M | ||
| Q4 24 | $43.3M | $46.9M | ||
| Q3 24 | $32.3M | $28.0M | ||
| Q2 24 | $28.7M | $49.6M |
总债务MAXOUT
| Q1 26 | $163.5M | — | ||
| Q4 25 | $153.4M | — | ||
| Q3 25 | $155.7M | — | ||
| Q2 25 | $158.0M | — | ||
| Q1 25 | $160.2M | — | ||
| Q4 24 | $162.4M | — | ||
| Q3 24 | $164.7M | — | ||
| Q2 24 | $166.9M | — |
股东权益MAXOUT
| Q1 26 | — | — | ||
| Q4 25 | $4.2M | $710.4M | ||
| Q3 25 | $-29.8M | $542.6M | ||
| Q2 25 | $-3.8M | $539.1M | ||
| Q1 25 | $7.9M | $566.9M | ||
| Q4 24 | $2.4M | $649.0M | ||
| Q3 24 | $-8.4M | $618.2M | ||
| Q2 24 | $-24.4M | $664.9M |
总资产MAXOUT
| Q1 26 | $367.7M | — | ||
| Q4 25 | $383.8M | $5.3B | ||
| Q3 25 | $266.2M | $5.2B | ||
| Q2 25 | $249.4M | $5.1B | ||
| Q1 25 | $240.0M | $5.1B | ||
| Q4 24 | $262.4M | $5.2B | ||
| Q3 24 | $236.1M | $5.2B | ||
| Q2 24 | $198.2M | $5.3B |
负债/权益比MAXOUT
| Q1 26 | — | — | ||
| Q4 25 | 36.88× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 20.23× | — | ||
| Q4 24 | 68.31× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $118.1M |
| 自由现金流经营现金流 - 资本支出 | — | $93.3M |
| 自由现金流率自由现金流/营收 | — | 18.2% |
| 资本支出强度资本支出/营收 | — | 4.8% |
| 现金转化率经营现金流/净利润 | — | 1.22× |
| 过去12个月自由现金流最近4个季度 | — | $218.8M |
8季度趋势，按日历期对齐
经营现金流MAXOUT
| Q1 26 | — | — | ||
| Q4 25 | $-7.4M | $118.1M | ||
| Q3 25 | $23.6M | $88.8M | ||
| Q2 25 | $25.7M | $67.1M | ||
| Q1 25 | $23.7M | $33.6M | ||
| Q4 24 | $14.5M | $124.5M | ||
| Q3 24 | $8.1M | $73.1M | ||
| Q2 24 | $21.6M | $71.0M |
自由现金流MAXOUT
| Q1 26 | — | — | ||
| Q4 25 | $-7.5M | $93.3M | ||
| Q3 25 | $23.6M | $67.7M | ||
| Q2 25 | $25.5M | $41.4M | ||
| Q1 25 | $23.6M | $16.4M | ||
| Q4 24 | $14.5M | $106.3M | ||
| Q3 24 | $8.0M | $55.5M | ||
| Q2 24 | $21.5M | $47.1M |
自由现金流率MAXOUT
| Q1 26 | — | — | ||
| Q4 25 | -2.6% | 18.2% | ||
| Q3 25 | 7.7% | 14.5% | ||
| Q2 25 | 10.2% | 9.0% | ||
| Q1 25 | 8.9% | 4.2% | ||
| Q4 24 | 4.8% | 21.6% | ||
| Q3 24 | 3.1% | 12.3% | ||
| Q2 24 | 12.0% | 9.9% |
资本支出强度MAXOUT
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | 4.8% | ||
| Q3 25 | 0.0% | 4.5% | ||
| Q2 25 | 0.1% | 5.6% | ||
| Q1 25 | 0.0% | 4.4% | ||
| Q4 24 | 0.0% | 3.7% | ||
| Q3 24 | 0.0% | 3.9% | ||
| Q2 24 | 0.1% | 5.0% |
现金转化率MAXOUT
| Q1 26 | — | — | ||
| Q4 25 | -0.24× | 1.22× | ||
| Q3 25 | 1.58× | 1.73× | ||
| Q2 25 | — | 3.44× | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.13× | 1.68× | ||
| Q3 24 | 0.85× | 2.11× | ||
| Q2 24 | 5.97× | 0.40× |
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
MAX
暂无分部数据
OUT
| Static Displays | $236.3M | 46% |
| Other | $134.8M | 26% |
| Digital Displays | $125.3M | 24% |
| Other Revenues | $1.9M | 0% |
