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MERCURY GENERAL CORP（MCY）与Optimum Communications, Inc.（OPTU）财务数据对比。点击上方公司名可切换其他公司
Optimum Communications, Inc.的季度营收约是MERCURY GENERAL CORP的1.4倍（$2.2B vs $1.5B），MERCURY GENERAL CORP净利率更高（13.2% vs -3.3%，领先16.5%），MERCURY GENERAL CORP同比增速更快（12.4% vs -2.3%），MERCURY GENERAL CORP自由现金流更多（$273.9M vs $199.4M），过去两年MERCURY GENERAL CORP的营收复合增速更高（9.8% vs -1.5%）
水星通用集团是一家综合性保险机构，业务覆盖个人车险、房主保险、租客保险及商业保险等多个品类，其中车险与房主保险是公司的核心经营板块。
Optimum Communications, Inc.是由法籍以色列商人帕特里克·德拉希控股的美国电信运营商，核心业务为数字有线电视与宽带互联网服务，服务覆盖纽约大都会区及美国中西部、南部多个州。截至2017年，该公司在全美21个州共拥有约490万住宅及企业客户，是美国第四大电信企业。
MCY vs OPTU — 直观对比
营收规模更大
OPTU
是对方的1.4倍
$1.5B
营收增速更快
MCY
高出14.7%
-2.3%
净利率更高
MCY
高出16.5%
-3.3%
自由现金流更多
MCY
多$74.4M
$199.4M
两年增速更快
MCY
近两年复合增速
-1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $2.2B |
| 净利润 | $202.5M | $-71.2M |
| 毛利率 | 99.7% | 69.5% |
| 营业利润率 | 16.2% | 18.2% |
| 净利率 | 13.2% | -3.3% |
| 营收同比 | 12.4% | -2.3% |
| 净利润同比 | 100.4% | -31.6% |
| 每股收益（稀释后） | $3.66 | $-0.16 |
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MCYOPTU
| Q4 25 | $1.5B | $2.2B | ||
| Q3 25 | $1.6B | $2.1B | ||
| Q2 25 | $1.5B | $2.1B | ||
| Q1 25 | $1.4B | $2.2B | ||
| Q4 24 | $1.4B | $2.2B | ||
| Q3 24 | $1.5B | $2.2B | ||
| Q2 24 | $1.3B | $2.2B | ||
| Q1 24 | $1.3B | $2.3B |
净利润MCYOPTU
| Q4 25 | $202.5M | $-71.2M | ||
| Q3 25 | $280.4M | $-1.6B | ||
| Q2 25 | $166.5M | $-96.3M | ||
| Q1 25 | $-108.3M | $-75.7M | ||
| Q4 24 | $101.1M | $-54.1M | ||
| Q3 24 | $230.9M | $-43.0M | ||
| Q2 24 | $62.6M | $15.4M | ||
| Q1 24 | $73.5M | $-21.2M |
毛利率MCYOPTU
| Q4 25 | 99.7% | 69.5% | ||
| Q3 25 | 99.8% | 69.7% | ||
| Q2 25 | 99.8% | 69.1% | ||
| Q1 25 | 99.7% | 68.8% | ||
| Q4 24 | 99.7% | 67.7% | ||
| Q3 24 | 99.8% | 68.1% | ||
| Q2 24 | 99.8% | 67.9% | ||
| Q1 24 | 99.7% | 67.0% |
营业利润率MCYOPTU
| Q4 25 | 16.2% | 18.2% | ||
| Q3 25 | 22.1% | -55.3% | ||
| Q2 25 | 14.0% | 14.5% | ||
| Q1 25 | -10.2% | 16.0% | ||
| Q4 24 | 9.0% | 15.2% | ||
| Q3 24 | 18.8% | 20.0% | ||
| Q2 24 | 5.8% | 22.4% | ||
| Q1 24 | 7.0% | 17.5% |
净利率MCYOPTU
| Q4 25 | 13.2% | -3.3% | ||
| Q3 25 | 17.7% | -77.1% | ||
| Q2 25 | 11.3% | -4.5% | ||
| Q1 25 | -7.8% | -3.5% | ||
| Q4 24 | 7.4% | -2.4% | ||
| Q3 24 | 15.1% | -1.9% | ||
| Q2 24 | 4.8% | 0.7% | ||
| Q1 24 | 5.8% | -0.9% |
每股收益（稀释后）MCYOPTU
| Q4 25 | $3.66 | $-0.16 | ||
| Q3 25 | $5.06 | $-3.47 | ||
| Q2 25 | $3.01 | $-0.21 | ||
| Q1 25 | $-1.96 | $-0.16 | ||
| Q4 24 | $1.82 | $-0.11 | ||
| Q3 24 | $4.17 | $-0.09 | ||
| Q2 24 | $1.13 | $0.03 | ||
| Q1 24 | $1.33 | $-0.05 |
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 | — | $1.0B |
| 总债务越低越好 | $575.0M | $26.2B |
| 股东权益账面价值 | $2.4B | $-2.3B |
| 总资产 | $9.6B | $30.7B |
| 负债/权益比越低杠杆越低 | 0.24× | — |
8季度趋势，按日历期对齐
现金及短期投资MCYOPTU
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $938.8M | ||
| Q2 25 | — | $247.3M | ||
| Q1 25 | — | $279.1M | ||
| Q4 24 | — | $256.5M | ||
| Q3 24 | — | $250.0M | ||
| Q2 24 | — | $362.1M | ||
| Q1 24 | — | $284.4M |
总债务MCYOPTU
| Q4 25 | $575.0M | $26.2B | ||
| Q3 25 | — | $26.2B | ||
| Q2 25 | — | $25.3B | ||
| Q1 25 | — | $25.3B | ||
| Q4 24 | $575.0M | $25.1B | ||
| Q3 24 | — | $25.1B | ||
| Q2 24 | — | $25.2B | ||
| Q1 24 | — | $25.1B |
股东权益MCYOPTU
| Q4 25 | $2.4B | $-2.3B | ||
| Q3 25 | $2.2B | $-2.2B | ||
| Q2 25 | $2.0B | $-624.1M | ||
| Q1 25 | $1.8B | $-543.0M | ||
| Q4 24 | $1.9B | $-469.2M | ||
| Q3 24 | $1.9B | $-427.1M | ||
| Q2 24 | $1.6B | $-399.1M | ||
| Q1 24 | $1.6B | $-431.2M |
总资产MCYOPTU
| Q4 25 | $9.6B | $30.7B | ||
| Q3 25 | $9.4B | $30.7B | ||
| Q2 25 | $9.1B | $31.6B | ||
| Q1 25 | $9.0B | $31.7B | ||
| Q4 24 | $8.3B | $31.7B | ||
| Q3 24 | $8.2B | $31.8B | ||
| Q2 24 | $7.7B | $32.0B | ||
| Q1 24 | $7.4B | $31.9B |
负债/权益比MCYOPTU
| Q4 25 | 0.24× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.30× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $287.9M | $481.6M |
| 自由现金流经营现金流 - 资本支出 | $273.9M | $199.4M |
| 自由现金流率自由现金流/营收 | 17.8% | 9.1% |
| 资本支出强度资本支出/营收 | 0.9% | 12.9% |
| 现金转化率经营现金流/净利润 | 1.42× | — |
| 过去12个月自由现金流最近4个季度 | $1.0B | $-118.8M |
8季度趋势，按日历期对齐
经营现金流MCYOPTU
| Q4 25 | $287.9M | $481.6M | ||
| Q3 25 | $496.4M | $147.4M | ||
| Q2 25 | $371.6M | $412.0M | ||
| Q1 25 | $-68.7M | $187.5M | ||
| Q4 24 | $248.3M | $439.9M | ||
| Q3 24 | $318.1M | $436.0M | ||
| Q2 24 | $278.0M | $306.8M | ||
| Q1 24 | $192.6M | $399.7M |
自由现金流MCYOPTU
| Q4 25 | $273.9M | $199.4M | ||
| Q3 25 | $479.5M | $-178.1M | ||
| Q2 25 | $357.2M | $28.4M | ||
| Q1 25 | $-81.9M | $-168.6M | ||
| Q4 24 | $236.0M | $49.9M | ||
| Q3 24 | $306.2M | $76.9M | ||
| Q2 24 | $266.5M | $-40.9M | ||
| Q1 24 | $182.4M | $63.6M |
自由现金流率MCYOPTU
| Q4 25 | 17.8% | 9.1% | ||
| Q3 25 | 30.3% | -8.4% | ||
| Q2 25 | 24.2% | 1.3% | ||
| Q1 25 | -5.9% | -7.8% | ||
| Q4 24 | 17.3% | 2.2% | ||
| Q3 24 | 20.0% | 3.5% | ||
| Q2 24 | 20.4% | -1.8% | ||
| Q1 24 | 14.3% | 2.8% |
资本支出强度MCYOPTU
| Q4 25 | 0.9% | 12.9% | ||
| Q3 25 | 1.1% | 15.4% | ||
| Q2 25 | 1.0% | 17.9% | ||
| Q1 25 | 0.9% | 16.5% | ||
| Q4 24 | 0.9% | 17.5% | ||
| Q3 24 | 0.8% | 16.1% | ||
| Q2 24 | 0.9% | 15.5% | ||
| Q1 24 | 0.8% | 14.9% |
现金转化率MCYOPTU
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.77× | — | ||
| Q2 25 | 2.23× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.46× | — | ||
| Q3 24 | 1.38× | — | ||
| Q2 24 | 4.44× | 19.97× | ||
| Q1 24 | 2.62× | — |
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
MCY
暂无分部数据
OPTU
| Total Residential Revenue | $1.6B | 74% |
| Business Servicesand Wholesale | $401.8M | 18% |
| Telephony | $60.8M | 3% |
| Other | $57.9M | 3% |
| Franchise | $50.0M | 2% |
