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MBIA INC（MBI）与READING INTERNATIONAL INC（RDI）财务数据对比。点击上方公司名可切换其他公司
READING INTERNATIONAL INC的季度营收约是MBIA INC的1.8倍（$50.3M vs $28.0M），READING INTERNATIONAL INC净利率更高（-5.1% vs -182.1%，领先177.0%），READING INTERNATIONAL INC同比增速更快（-14.2% vs -24.3%），过去两年MBIA INC的营收复合增速更高（46.8% vs 5.6%）
MBIA Inc.是一家美国金融服务企业，1973年以市政债券保险协会之名成立，总部位于纽约州帕切斯，是全球规模最大的债券保险公司，截至2015年1月共有约180名员工，深耕债券保险领域多年，在行业内拥有重要影响力。
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
MBI vs RDI — 直观对比
营收规模更大
RDI
是对方的1.8倍
$28.0M
营收增速更快
RDI
高出10.1%
-24.3%
净利率更高
RDI
高出177.0%
-182.1%
两年增速更快
MBI
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $28.0M | $50.3M |
| 净利润 | $-51.0M | $-2.6M |
| 毛利率 | — | — |
| 营业利润率 | -200.0% | -1.9% |
| 净利率 | -182.1% | -5.1% |
| 营收同比 | -24.3% | -14.2% |
| 净利润同比 | -106.1% | -14.5% |
| 每股收益（稀释后） | $-1.01 | $-0.11 |
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MBIRDI
| Q4 25 | $28.0M | $50.3M | ||
| Q3 25 | $15.0M | $52.2M | ||
| Q2 25 | $23.0M | $60.4M | ||
| Q1 25 | $14.0M | $40.2M | ||
| Q4 24 | $37.0M | $58.6M | ||
| Q3 24 | $29.0M | $60.1M | ||
| Q2 24 | $-37.0M | $46.8M | ||
| Q1 24 | $13.0M | $45.1M |
净利润MBIRDI
| Q4 25 | $-51.0M | $-2.6M | ||
| Q3 25 | $-8.0M | $-4.2M | ||
| Q2 25 | $-56.0M | $-2.7M | ||
| Q1 25 | $-62.0M | $-4.8M | ||
| Q4 24 | $831.0M | $-2.2M | ||
| Q3 24 | $-56.0M | $-7.0M | ||
| Q2 24 | $-254.0M | $-12.8M | ||
| Q1 24 | $-86.0M | $-13.2M |
营业利润率MBIRDI
| Q4 25 | -200.0% | -1.9% | ||
| Q3 25 | -46.7% | -0.6% | ||
| Q2 25 | -243.5% | 4.8% | ||
| Q1 25 | -442.9% | -17.2% | ||
| Q4 24 | -135.1% | 2.6% | ||
| Q3 24 | -175.9% | -0.6% | ||
| Q2 24 | 683.8% | -16.4% | ||
| Q1 24 | -669.2% | -16.7% |
净利率MBIRDI
| Q4 25 | -182.1% | -5.1% | ||
| Q3 25 | -53.3% | -8.0% | ||
| Q2 25 | -243.5% | -4.4% | ||
| Q1 25 | -442.9% | -11.8% | ||
| Q4 24 | 2245.9% | -3.8% | ||
| Q3 24 | -193.1% | -11.7% | ||
| Q2 24 | 686.5% | -27.4% | ||
| Q1 24 | -661.5% | -29.4% |
每股收益（稀释后）MBIRDI
| Q4 25 | $-1.01 | $-0.11 | ||
| Q3 25 | $-0.17 | $-0.18 | ||
| Q2 25 | $-1.12 | $-0.12 | ||
| Q1 25 | $-1.28 | $-0.21 | ||
| Q4 24 | $-1.07 | $-0.11 | ||
| Q3 24 | $-1.18 | $-0.31 | ||
| Q2 24 | $-5.34 | $-0.57 | ||
| Q1 24 | $-1.84 | $-0.59 |
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 | — | $10.5M |
| 总债务越低越好 | — | $185.1M |
| 股东权益账面价值 | $-2.2B | $-18.2M |
| 总资产 | $2.0B | $434.9M |
| 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MBIRDI
| Q4 25 | — | $10.5M | ||
| Q3 25 | — | $8.1M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | — | $12.4M | ||
| Q3 24 | — | $10.1M | ||
| Q2 24 | — | $9.3M | ||
| Q1 24 | — | $7.5M |
总债务MBIRDI
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益MBIRDI
| Q4 25 | $-2.2B | $-18.2M | ||
| Q3 25 | $-2.2B | $-12.1M | ||
| Q2 25 | $-2.2B | $-7.7M | ||
| Q1 25 | $-2.1B | $-8.1M | ||
| Q4 24 | $-2.1B | $-4.4M | ||
| Q3 24 | $-2.0B | $1.6M | ||
| Q2 24 | $-2.0B | $6.5M | ||
| Q1 24 | $-1.7B | $18.0M |
总资产MBIRDI
| Q4 25 | $2.0B | $434.9M | ||
| Q3 25 | $2.1B | $435.2M | ||
| Q2 25 | $2.1B | $438.1M | ||
| Q1 25 | $2.1B | $441.0M | ||
| Q4 24 | $2.2B | $471.0M | ||
| Q3 24 | $2.2B | $495.7M | ||
| Q2 24 | $2.3B | $494.9M | ||
| Q1 24 | $2.5B | $494.9M |
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 | $38.0M | $4.3M |
| 自由现金流经营现金流 - 资本支出 | — | $4.1M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 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 | — | $-2.9M |
8季度趋势，按日历期对齐
经营现金流MBIRDI
| Q4 25 | $38.0M | $4.3M | ||
| Q3 25 | $90.0M | $295.0K | ||
| Q2 25 | $1.0M | $1.6M | ||
| Q1 25 | $-43.0M | $-7.7M | ||
| Q4 24 | $-176.0M | $8.0M | ||
| Q3 24 | $-139.0M | $1.3M | ||
| Q2 24 | $-10.0M | $-10.4M | ||
| Q1 24 | $-30.0M | $-2.8M |
自由现金流MBIRDI
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $-246.0K | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $7.0M | ||
| Q3 24 | — | $-1.1M | ||
| Q2 24 | — | $-10.6M | ||
| Q1 24 | — | $-4.7M |
自由现金流率MBIRDI
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | -19.8% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | -1.8% | ||
| Q2 24 | — | -22.7% | ||
| Q1 24 | — | -10.4% |
资本支出强度MBIRDI
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 4.3% |
现金转化率MBIRDI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.21× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
MBI
| US Public Finance Insurance | $15.0M | 54% |
| Corporate Operations | $7.0M | 25% |
| International And Structured Finance Insurance | $5.0M | 18% |
| Other | $1.0M | 4% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
