vs
Optimum Communications, Inc.（OPTU）与RXO, Inc.（RXO）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RXO, Inc.的1.5倍（$2.2B vs $1.5B），RXO, Inc.净利率更高（-3.1% vs -3.3%，领先0.1%），Optimum Communications, Inc.同比增速更快（-2.3% vs -11.9%），Optimum Communications, Inc.自由现金流更多（$199.4M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs -1.5%）
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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
OPTU vs RXO — 直观对比
营收规模更大
OPTU
是对方的1.5倍
$1.5B
营收增速更快
OPTU
高出9.5%
-11.9%
净利率更高
RXO
高出0.1%
-3.3%
自由现金流更多
OPTU
多$208.4M
$-9.0M
两年增速更快
RXO
近两年复合增速
-1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.5B |
| 净利润 | $-71.2M | $-46.0M |
| 毛利率 | 69.5% | — |
| 营业利润率 | 18.2% | -2.9% |
| 净利率 | -3.3% | -3.1% |
| 营收同比 | -2.3% | -11.9% |
| 净利润同比 | -31.6% | -84.0% |
| 每股收益（稀释后） | $-0.16 | $-0.28 |
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OPTURXO
| Q4 25 | $2.2B | $1.5B | ||
| Q3 25 | $2.1B | $1.4B | ||
| Q2 25 | $2.1B | $1.4B | ||
| Q1 25 | $2.2B | $1.4B | ||
| Q4 24 | $2.2B | $1.7B | ||
| Q3 24 | $2.2B | $1.0B | ||
| Q2 24 | $2.2B | $930.0M | ||
| Q1 24 | $2.3B | $913.0M |
净利润OPTURXO
| Q4 25 | $-71.2M | $-46.0M | ||
| Q3 25 | $-1.6B | $-14.0M | ||
| Q2 25 | $-96.3M | $-9.0M | ||
| Q1 25 | $-75.7M | $-31.0M | ||
| Q4 24 | $-54.1M | $-25.0M | ||
| Q3 24 | $-43.0M | $-243.0M | ||
| Q2 24 | $15.4M | $-7.0M | ||
| Q1 24 | $-21.2M | $-15.0M |
毛利率OPTURXO
| Q4 25 | 69.5% | — | ||
| Q3 25 | 69.7% | — | ||
| Q2 25 | 69.1% | — | ||
| Q1 25 | 68.8% | — | ||
| Q4 24 | 67.7% | — | ||
| Q3 24 | 68.1% | — | ||
| Q2 24 | 67.9% | — | ||
| Q1 24 | 67.0% | — |
营业利润率OPTURXO
| Q4 25 | 18.2% | -2.9% | ||
| Q3 25 | -55.3% | -0.5% | ||
| Q2 25 | 14.5% | — | ||
| Q1 25 | 16.0% | -2.1% | ||
| Q4 24 | 15.2% | -1.4% | ||
| Q3 24 | 20.0% | -1.9% | ||
| Q2 24 | 22.4% | — | ||
| Q1 24 | 17.5% | -1.3% |
净利率OPTURXO
| Q4 25 | -3.3% | -3.1% | ||
| Q3 25 | -77.1% | -1.0% | ||
| Q2 25 | -4.5% | -0.6% | ||
| Q1 25 | -3.5% | -2.2% | ||
| Q4 24 | -2.4% | -1.5% | ||
| Q3 24 | -1.9% | -23.4% | ||
| Q2 24 | 0.7% | -0.8% | ||
| Q1 24 | -0.9% | -1.6% |
每股收益（稀释后）OPTURXO
| Q4 25 | $-0.16 | $-0.28 | ||
| Q3 25 | $-3.47 | $-0.08 | ||
| Q2 25 | $-0.21 | $-0.05 | ||
| Q1 25 | $-0.16 | $-0.18 | ||
| Q4 24 | $-0.11 | $-0.17 | ||
| Q3 24 | $-0.09 | $-1.81 | ||
| Q2 24 | $0.03 | $-0.06 | ||
| Q1 24 | $-0.05 | $-0.13 |
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 | $17.0M |
| 总债务越低越好 | $26.2B | $387.0M |
| 股东权益账面价值 | $-2.3B | $1.5B |
| 总资产 | $30.7B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资OPTURXO
| Q4 25 | $1.0B | $17.0M | ||
| Q3 25 | $938.8M | $25.0M | ||
| Q2 25 | $247.3M | $18.0M | ||
| Q1 25 | $279.1M | $16.0M | ||
| Q4 24 | $256.5M | $35.0M | ||
| Q3 24 | $250.0M | $55.0M | ||
| Q2 24 | $362.1M | $7.0M | ||
| Q1 24 | $284.4M | $7.0M |
总债务OPTURXO
| Q4 25 | $26.2B | $387.0M | ||
| Q3 25 | $26.2B | $387.0M | ||
| Q2 25 | $25.3B | $387.0M | ||
| Q1 25 | $25.3B | $387.0M | ||
| Q4 24 | $25.1B | $351.0M | ||
| Q3 24 | $25.1B | $352.0M | ||
| Q2 24 | $25.2B | $370.0M | ||
| Q1 24 | $25.1B | $351.0M |
股东权益OPTURXO
| Q4 25 | $-2.3B | $1.5B | ||
| Q3 25 | $-2.2B | $1.6B | ||
| Q2 25 | $-624.1M | $1.6B | ||
| Q1 25 | $-543.0M | $1.6B | ||
| Q4 24 | $-469.2M | $1.6B | ||
| Q3 24 | $-427.1M | $1.7B | ||
| Q2 24 | $-399.1M | $579.0M | ||
| Q1 24 | $-431.2M | $582.0M |
总资产OPTURXO
| Q4 25 | $30.7B | $3.3B | ||
| Q3 25 | $30.7B | $3.2B | ||
| Q2 25 | $31.6B | $3.2B | ||
| Q1 25 | $31.7B | $3.3B | ||
| Q4 24 | $31.7B | $3.4B | ||
| Q3 24 | $31.8B | $3.4B | ||
| Q2 24 | $32.0B | $1.8B | ||
| Q1 24 | $31.9B | $1.8B |
负债/权益比OPTURXO
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $481.6M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $199.4M | $-9.0M |
| 自由现金流率自由现金流/营收 | 9.1% | -0.6% |
| 资本支出强度资本支出/营收 | 12.9% | 1.1% |
| 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 | $-118.8M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流OPTURXO
| Q4 25 | $481.6M | $7.0M | ||
| Q3 25 | $147.4M | $23.0M | ||
| Q2 25 | $412.0M | $23.0M | ||
| Q1 25 | $187.5M | $-2.0M | ||
| Q4 24 | $439.9M | $-7.0M | ||
| Q3 24 | $436.0M | $-7.0M | ||
| Q2 24 | $306.8M | $-5.0M | ||
| Q1 24 | $399.7M | $7.0M |
自由现金流OPTURXO
| Q4 25 | $199.4M | $-9.0M | ||
| Q3 25 | $-178.1M | $9.0M | ||
| Q2 25 | $28.4M | $9.0M | ||
| Q1 25 | $-168.6M | $-17.0M | ||
| Q4 24 | $49.9M | $-19.0M | ||
| Q3 24 | $76.9M | $-18.0M | ||
| Q2 24 | $-40.9M | $-16.0M | ||
| Q1 24 | $63.6M | $-4.0M |
自由现金流率OPTURXO
| Q4 25 | 9.1% | -0.6% | ||
| Q3 25 | -8.4% | 0.6% | ||
| Q2 25 | 1.3% | 0.6% | ||
| Q1 25 | -7.8% | -1.2% | ||
| Q4 24 | 2.2% | -1.1% | ||
| Q3 24 | 3.5% | -1.7% | ||
| Q2 24 | -1.8% | -1.7% | ||
| Q1 24 | 2.8% | -0.4% |
资本支出强度OPTURXO
| Q4 25 | 12.9% | 1.1% | ||
| Q3 25 | 15.4% | 1.0% | ||
| Q2 25 | 17.9% | 1.0% | ||
| Q1 25 | 16.5% | 1.0% | ||
| Q4 24 | 17.5% | 0.7% | ||
| Q3 24 | 16.1% | 1.1% | ||
| Q2 24 | 15.5% | 1.2% | ||
| Q1 24 | 14.9% | 1.2% |
现金转化率OPTURXO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 19.97× | — | ||
| 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
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% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
