vs
大都会人寿（MET）与Sinclair, Inc.（SBGI）财务数据对比。点击上方公司名可切换其他公司
Sinclair, Inc.的季度营收约是大都会人寿的1.4倍（$836.0M vs $600.0M），大都会人寿净利率更高（134.8% vs 13.0%，领先121.8%），大都会人寿同比增速更快（7.9% vs -16.7%），过去两年Sinclair, Inc.的营收复合增速更高（2.4% vs 2.0%）
大都会人寿（MetLife）是全球规模领先的保险、年金及员工福利服务提供商之一，创立于1868年，业务覆盖超60个国家和地区，服务约9000万客户，2018年位列《财富》美国500强营收排行榜第43位。
辛克莱公司（以辛克莱广播集团开展业务）是一家上市的美国电信综合企业，由创始人朱利安·辛克莱·史密斯的后代控股。公司总部位于马里兰州巴尔的摩郊县科基斯维尔，按电视台数量计算是美国第二大电视台运营商，仅次于奈克斯达媒体集团，在全国100多个市场拥有或运营193家电视台，覆盖美国40%的区域。
MET vs SBGI — 直观对比
营收规模更大
SBGI
是对方的1.4倍
$600.0M
营收增速更快
MET
高出24.6%
-16.7%
净利率更高
MET
高出121.8%
13.0%
两年增速更快
SBGI
近两年复合增速
2.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $600.0M | $836.0M |
| 净利润 | $809.0M | $109.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 9.6% |
| 净利率 | 134.8% | 13.0% |
| 营收同比 | 7.9% | -16.7% |
| 净利润同比 | -36.3% | -38.1% |
| 每股收益（稀释后） | $1.18 | $1.62 |
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METSBGI
| Q4 25 | $600.0M | $836.0M | ||
| Q3 25 | $621.0M | $773.0M | ||
| Q2 25 | $604.0M | $784.0M | ||
| Q1 25 | $611.0M | $776.0M | ||
| Q4 24 | $556.0M | $1.0B | ||
| Q3 24 | $554.0M | $917.0M | ||
| Q2 24 | $558.0M | $829.0M | ||
| Q1 24 | $577.0M | $798.0M |
净利润METSBGI
| Q4 25 | $809.0M | $109.0M | ||
| Q3 25 | $896.0M | $-1.0M | ||
| Q2 25 | $729.0M | $-64.0M | ||
| Q1 25 | $945.0M | $-156.0M | ||
| Q4 24 | $1.3B | $176.0M | ||
| Q3 24 | $1.3B | $94.0M | ||
| Q2 24 | $946.0M | $17.0M | ||
| Q1 24 | $867.0M | $23.0M |
营业利润率METSBGI
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 7.5% | ||
| Q2 25 | — | 2.7% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 26.5% | ||
| Q3 24 | — | 19.5% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | 5.3% |
净利率METSBGI
| Q4 25 | 134.8% | 13.0% | ||
| Q3 25 | 144.3% | -0.1% | ||
| Q2 25 | 120.7% | -8.2% | ||
| Q1 25 | 154.7% | -20.1% | ||
| Q4 24 | 228.6% | 17.5% | ||
| Q3 24 | 242.2% | 10.3% | ||
| Q2 24 | 169.5% | 2.1% | ||
| Q1 24 | 150.3% | 2.9% |
每股收益（稀释后）METSBGI
| Q4 25 | $1.18 | $1.62 | ||
| Q3 25 | $1.22 | $-0.02 | ||
| Q2 25 | $1.03 | $-0.91 | ||
| Q1 25 | $1.28 | $-2.30 | ||
| Q4 24 | $1.75 | $2.64 | ||
| Q3 24 | $1.81 | $1.43 | ||
| Q2 24 | $1.28 | $0.27 | ||
| Q1 24 | $1.10 | $0.35 |
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 | $25.6B | $866.0M |
| 总债务越低越好 | — | $4.4B |
| 股东权益账面价值 | $28.4B | $443.0M |
| 总资产 | $745.2B | $5.9B |
| 负债/权益比越低杠杆越低 | — | 9.84× |
8季度趋势，按日历期对齐
现金及短期投资METSBGI
| Q4 25 | $25.6B | $866.0M | ||
| Q3 25 | $26.2B | $526.0M | ||
| Q2 25 | $27.5B | $616.0M | ||
| Q1 25 | $26.9B | $631.0M | ||
| Q4 24 | $25.2B | $697.0M | ||
| Q3 24 | $26.4B | $536.0M | ||
| Q2 24 | $24.6B | $378.0M | ||
| Q1 24 | $24.7B | $655.0M |
总债务METSBGI
| Q4 25 | — | $4.4B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | — | $4.1B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | — | $4.1B |
股东权益METSBGI
| Q4 25 | $28.4B | $443.0M | ||
| Q3 25 | $28.9B | $347.0M | ||
| Q2 25 | $27.7B | $361.0M | ||
| Q1 25 | $27.5B | $436.0M | ||
| Q4 24 | $27.4B | $583.0M | ||
| Q3 24 | $30.9B | $415.0M | ||
| Q2 24 | $27.3B | $340.0M | ||
| Q1 24 | $28.5B | $333.0M |
总资产METSBGI
| Q4 25 | $745.2B | $5.9B | ||
| Q3 25 | $719.7B | $5.6B | ||
| Q2 25 | $702.5B | $5.7B | ||
| Q1 25 | $688.3B | $5.8B | ||
| Q4 24 | $677.5B | $5.9B | ||
| Q3 24 | $705.0B | $5.8B | ||
| Q2 24 | $675.7B | $5.7B | ||
| Q1 24 | $677.6B | $6.0B |
负债/权益比METSBGI
| Q4 25 | — | 9.84× | ||
| Q3 25 | — | 11.75× | ||
| Q2 25 | — | 11.30× | ||
| Q1 25 | — | 9.56× | ||
| Q4 24 | — | 7.02× | ||
| Q3 24 | — | 9.86× | ||
| Q2 24 | — | 12.08× | ||
| Q1 24 | — | 12.35× |
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 | $7.1B | $98.0M |
| 自由现金流经营现金流 - 资本支出 | — | $79.0M |
| 自由现金流率自由现金流/营收 | — | 9.4% |
| 资本支出强度资本支出/营收 | — | 2.3% |
| 现金转化率经营现金流/净利润 | 8.75× | 0.90× |
| 过去12个月自由现金流最近4个季度 | — | $115.0M |
8季度趋势，按日历期对齐
经营现金流METSBGI
| Q4 25 | $7.1B | $98.0M | ||
| Q3 25 | $3.6B | $-36.0M | ||
| Q2 25 | $2.2B | $122.0M | ||
| Q1 25 | $4.3B | $5.0M | ||
| Q4 24 | $4.6B | $198.0M | ||
| Q3 24 | $4.2B | $210.0M | ||
| Q2 24 | $3.5B | $-306.0M | ||
| Q1 24 | $2.3B | $-4.0M |
自由现金流METSBGI
| Q4 25 | — | $79.0M | ||
| Q3 25 | — | $-58.0M | ||
| Q2 25 | — | $105.0M | ||
| Q1 25 | — | $-11.0M | ||
| Q4 24 | — | $175.0M | ||
| Q3 24 | — | $193.0M | ||
| Q2 24 | — | $-329.0M | ||
| Q1 24 | — | $-25.0M |
自由现金流率METSBGI
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | -7.5% | ||
| Q2 25 | — | 13.4% | ||
| Q1 25 | — | -1.4% | ||
| Q4 24 | — | 17.4% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | -39.7% | ||
| Q1 24 | — | -3.1% |
资本支出强度METSBGI
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 2.6% |
现金转化率METSBGI
| Q4 25 | 8.75× | 0.90× | ||
| Q3 25 | 3.98× | — | ||
| Q2 25 | 3.00× | — | ||
| Q1 25 | 4.51× | — | ||
| Q4 24 | 3.63× | 1.13× | ||
| Q3 24 | 3.11× | 2.23× | ||
| Q2 24 | 3.69× | -18.00× | ||
| Q1 24 | 2.69× | -0.17× |
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
MET
| Other | $165.0M | 28% |
| Prepaidlegalplansandadministrativeonlycontracts | $158.0M | 26% |
| Vision Fee For Service Arrangements | $140.0M | 23% |
| Administrative Service | $76.0M | 13% |
| Distribution Service | $36.0M | 6% |
| Feebasedinvestmentmanagementservices | $25.0M | 4% |
SBGI
| Distribution Revenue | $384.0M | 46% |
| Core Advertising Revenue | $312.0M | 37% |
| Tennis Segment | $62.0M | 7% |
| Other | $40.0M | 5% |
| Other Media Non Media Revenuesand Intercompany Revenues | $24.0M | 3% |
| Political Advertising Revenue | $14.0M | 2% |
