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Optimum Communications, Inc.（OPTU）与Wabtec（WAB）财务数据对比。点击上方公司名可切换其他公司
Wabtec的季度营收约是Optimum Communications, Inc.的1.4倍（$3.0B vs $2.2B），Wabtec净利率更高（12.3% vs -3.3%，领先15.6%），Wabtec同比增速更快（13.0% vs -2.3%），过去两年Wabtec的营收复合增速更高（5.6% 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。
西屋空气制动技术公司（通称Wabtec）是美国知名轨道交通设备企业，1999年由西屋空气制动公司（WABCO）与动力设备厂商MotivePower合并组建，总部设于宾夕法尼亚州匹兹堡，在全球轨交制动系统、牵引动力设备等领域拥有领先的技术实力与市场份额。
OPTU vs WAB — 直观对比
营收规模更大
WAB
是对方的1.4倍
$2.2B
营收增速更快
WAB
高出15.4%
-2.3%
净利率更高
WAB
高出15.6%
-3.3%
两年增速更快
WAB
近两年复合增速
-1.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $3.0B |
| 净利润 | $-71.2M | $363.0M |
| 毛利率 | 69.5% | 36.0% |
| 营业利润率 | 18.2% | 17.5% |
| 净利率 | -3.3% | 12.3% |
| 营收同比 | -2.3% | 13.0% |
| 净利润同比 | -31.6% | 11.0% |
| 每股收益（稀释后） | $-0.16 | $2.12 |
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OPTUWAB
| Q1 26 | — | $3.0B | ||
| Q4 25 | $2.2B | $3.0B | ||
| Q3 25 | $2.1B | $2.9B | ||
| Q2 25 | $2.1B | $2.7B | ||
| Q1 25 | $2.2B | $2.6B | ||
| Q4 24 | $2.2B | $2.6B | ||
| Q3 24 | $2.2B | $2.7B | ||
| Q2 24 | $2.2B | $2.6B |
净利润OPTUWAB
| Q1 26 | — | $363.0M | ||
| Q4 25 | $-71.2M | $202.0M | ||
| Q3 25 | $-1.6B | $310.0M | ||
| Q2 25 | $-96.3M | $336.0M | ||
| Q1 25 | $-75.7M | $322.0M | ||
| Q4 24 | $-54.1M | $212.0M | ||
| Q3 24 | $-43.0M | $283.0M | ||
| Q2 24 | $15.4M | $289.0M |
毛利率OPTUWAB
| Q1 26 | — | 36.0% | ||
| Q4 25 | 69.5% | 32.6% | ||
| Q3 25 | 69.7% | 34.7% | ||
| Q2 25 | 69.1% | 34.7% | ||
| Q1 25 | 68.8% | 34.5% | ||
| Q4 24 | 67.7% | 30.9% | ||
| Q3 24 | 68.1% | 33.0% | ||
| Q2 24 | 67.9% | 33.1% |
营业利润率OPTUWAB
| Q1 26 | — | 17.5% | ||
| Q4 25 | 18.2% | 12.0% | ||
| Q3 25 | -55.3% | 17.0% | ||
| Q2 25 | 14.5% | 17.4% | ||
| Q1 25 | 16.0% | 18.2% | ||
| Q4 24 | 15.2% | 12.9% | ||
| Q3 24 | 20.0% | 16.3% | ||
| Q2 24 | 22.4% | 16.3% |
净利率OPTUWAB
| Q1 26 | — | 12.3% | ||
| Q4 25 | -3.3% | 6.8% | ||
| Q3 25 | -77.1% | 10.7% | ||
| Q2 25 | -4.5% | 12.4% | ||
| Q1 25 | -3.5% | 12.3% | ||
| Q4 24 | -2.4% | 8.2% | ||
| Q3 24 | -1.9% | 10.6% | ||
| Q2 24 | 0.7% | 10.9% |
每股收益（稀释后）OPTUWAB
| Q1 26 | — | $2.12 | ||
| Q4 25 | $-0.16 | $1.18 | ||
| Q3 25 | $-3.47 | $1.81 | ||
| Q2 25 | $-0.21 | $1.96 | ||
| Q1 25 | $-0.16 | $1.88 | ||
| Q4 24 | $-0.11 | $1.24 | ||
| Q3 24 | $-0.09 | $1.63 | ||
| Q2 24 | $0.03 | $1.64 |
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 | $26.2B | $4.7B |
| 股东权益账面价值 | $-2.3B | $11.1B |
| 总资产 | $30.7B | $23.2B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资OPTUWAB
| Q1 26 | — | — | ||
| 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 | — |
总债务OPTUWAB
| Q1 26 | — | $4.7B | ||
| Q4 25 | $26.2B | $5.5B | ||
| Q3 25 | $26.2B | $5.3B | ||
| Q2 25 | $25.3B | $4.8B | ||
| Q1 25 | $25.3B | $4.0B | ||
| Q4 24 | $25.1B | $4.0B | ||
| Q3 24 | $25.1B | $4.0B | ||
| Q2 24 | $25.2B | $4.0B |
股东权益OPTUWAB
| Q1 26 | — | $11.1B | ||
| Q4 25 | $-2.3B | $11.1B | ||
| Q3 25 | $-2.2B | $11.0B | ||
| Q2 25 | $-624.1M | $10.8B | ||
| Q1 25 | $-543.0M | $10.4B | ||
| Q4 24 | $-469.2M | $10.1B | ||
| Q3 24 | $-427.1M | $10.3B | ||
| Q2 24 | $-399.1M | $10.5B |
总资产OPTUWAB
| Q1 26 | — | $23.2B | ||
| Q4 25 | $30.7B | $22.1B | ||
| Q3 25 | $30.7B | $21.5B | ||
| Q2 25 | $31.6B | $20.4B | ||
| Q1 25 | $31.7B | $19.1B | ||
| Q4 24 | $31.7B | $18.7B | ||
| Q3 24 | $31.8B | $18.6B | ||
| Q2 24 | $32.0B | $18.9B |
负债/权益比OPTUWAB
| Q1 26 | — | 0.42× | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.38× |
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 | $199.0M |
| 自由现金流经营现金流 - 资本支出 | $199.4M | — |
| 自由现金流率自由现金流/营收 | 9.1% | — |
| 资本支出强度资本支出/营收 | 12.9% | — |
| 现金转化率经营现金流/净利润 | — | 0.55× |
| 过去12个月自由现金流最近4个季度 | $-118.8M | — |
8季度趋势，按日历期对齐
经营现金流OPTUWAB
| Q1 26 | — | $199.0M | ||
| Q4 25 | $481.6M | $992.0M | ||
| Q3 25 | $147.4M | $367.0M | ||
| Q2 25 | $412.0M | $209.0M | ||
| Q1 25 | $187.5M | $191.0M | ||
| Q4 24 | $439.9M | $723.0M | ||
| Q3 24 | $436.0M | $542.0M | ||
| Q2 24 | $306.8M | $235.0M |
自由现金流OPTUWAB
| Q1 26 | — | — | ||
| Q4 25 | $199.4M | $870.0M | ||
| Q3 25 | $-178.1M | $312.0M | ||
| Q2 25 | $28.4M | $170.0M | ||
| Q1 25 | $-168.6M | $147.0M | ||
| Q4 24 | $49.9M | $639.0M | ||
| Q3 24 | $76.9M | $496.0M | ||
| Q2 24 | $-40.9M | $189.0M |
自由现金流率OPTUWAB
| Q1 26 | — | — | ||
| Q4 25 | 9.1% | 29.3% | ||
| Q3 25 | -8.4% | 10.8% | ||
| Q2 25 | 1.3% | 6.3% | ||
| Q1 25 | -7.8% | 5.6% | ||
| Q4 24 | 2.2% | 24.7% | ||
| Q3 24 | 3.5% | 18.6% | ||
| Q2 24 | -1.8% | 7.1% |
资本支出强度OPTUWAB
| Q1 26 | — | — | ||
| Q4 25 | 12.9% | 4.1% | ||
| Q3 25 | 15.4% | 1.9% | ||
| Q2 25 | 17.9% | 1.4% | ||
| Q1 25 | 16.5% | 1.7% | ||
| Q4 24 | 17.5% | 3.3% | ||
| Q3 24 | 16.1% | 1.7% | ||
| Q2 24 | 15.5% | 1.7% |
现金转化率OPTUWAB
| Q1 26 | — | 0.55× | ||
| Q4 25 | — | 4.91× | ||
| Q3 25 | — | 1.18× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.59× | ||
| Q4 24 | — | 3.41× | ||
| Q3 24 | — | 1.92× | ||
| Q2 24 | 19.97× | 0.81× |
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% |
WAB
暂无分部数据
