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Optimum Communications, Inc.（OPTU）与赛莱默（XYL）财务数据对比。点击上方公司名可切换其他公司
Optimum Communications, Inc.的季度营收约是赛莱默的1.0倍（$2.2B vs $2.1B），赛莱默净利率更高（8.9% vs -3.3%，领先12.2%），赛莱默同比增速更快（2.7% vs -2.3%），过去两年赛莱默的营收复合增速更高（-1.0% 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。
该文本为植物学对木质部的定义说明，并非赛莱默公司（Xylem Inc.）的企业业务介绍。Xylem Inc.是一家专注于水技术与解决方案的全球企业，提供水务基础设施、水环境治理等相关设备与服务。
OPTU vs XYL — 直观对比
营收规模更大
OPTU
是对方的1.0倍
$2.1B
营收增速更快
XYL
高出5.0%
-2.3%
净利率更高
XYL
高出12.2%
-3.3%
两年增速更快
XYL
近两年复合增速
-1.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $2.1B |
| 净利润 | $-71.2M | $189.0M |
| 毛利率 | 69.5% | 37.8% |
| 营业利润率 | 18.2% | 11.5% |
| 净利率 | -3.3% | 8.9% |
| 营收同比 | -2.3% | 2.7% |
| 净利润同比 | -31.6% | 13.2% |
| 每股收益（稀释后） | $-0.16 | $0.79 |
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OPTUXYL
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.2B | $2.4B | ||
| Q3 25 | $2.1B | $2.3B | ||
| Q2 25 | $2.1B | $2.3B | ||
| Q1 25 | $2.2B | $2.1B | ||
| Q4 24 | $2.2B | $2.3B | ||
| Q3 24 | $2.2B | $2.1B | ||
| Q2 24 | $2.2B | $2.2B |
净利润OPTUXYL
| Q1 26 | — | $189.0M | ||
| Q4 25 | $-71.2M | $335.0M | ||
| Q3 25 | $-1.6B | $227.0M | ||
| Q2 25 | $-96.3M | $226.0M | ||
| Q1 25 | $-75.7M | $169.0M | ||
| Q4 24 | $-54.1M | $326.0M | ||
| Q3 24 | $-43.0M | $217.0M | ||
| Q2 24 | $15.4M | $194.0M |
毛利率OPTUXYL
| Q1 26 | — | 37.8% | ||
| Q4 25 | 69.5% | 38.9% | ||
| Q3 25 | 69.7% | 38.9% | ||
| Q2 25 | 69.1% | 38.8% | ||
| Q1 25 | 68.8% | 37.1% | ||
| Q4 24 | 67.7% | 38.0% | ||
| Q3 24 | 68.1% | 37.3% | ||
| Q2 24 | 67.9% | 37.8% |
营业利润率OPTUXYL
| Q1 26 | — | 11.5% | ||
| Q4 25 | 18.2% | 14.7% | ||
| Q3 25 | -55.3% | 14.7% | ||
| Q2 25 | 14.5% | 13.3% | ||
| Q1 25 | 16.0% | 11.2% | ||
| Q4 24 | 15.2% | 11.8% | ||
| Q3 24 | 20.0% | 13.3% | ||
| Q2 24 | 22.4% | 11.7% |
净利率OPTUXYL
| Q1 26 | — | 8.9% | ||
| Q4 25 | -3.3% | 14.0% | ||
| Q3 25 | -77.1% | 10.0% | ||
| Q2 25 | -4.5% | 9.8% | ||
| Q1 25 | -3.5% | 8.2% | ||
| Q4 24 | -2.4% | 14.5% | ||
| Q3 24 | -1.9% | 10.3% | ||
| Q2 24 | 0.7% | 8.9% |
每股收益（稀释后）OPTUXYL
| Q1 26 | — | $0.79 | ||
| Q4 25 | $-0.16 | $1.37 | ||
| Q3 25 | $-3.47 | $0.93 | ||
| Q2 25 | $-0.21 | $0.93 | ||
| Q1 25 | $-0.16 | $0.69 | ||
| Q4 24 | $-0.11 | $1.33 | ||
| Q3 24 | $-0.09 | $0.89 | ||
| Q2 24 | $0.03 | $0.80 |
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 | $808.0M |
| 总债务越低越好 | $26.2B | $1.9B |
| 股东权益账面价值 | $-2.3B | $11.0B |
| 总资产 | $30.7B | $17.0B |
| 负债/权益比越低杠杆越低 | — | 0.18× |
8季度趋势，按日历期对齐
现金及短期投资OPTUXYL
| Q1 26 | — | $808.0M | ||
| Q4 25 | $1.0B | $1.5B | ||
| Q3 25 | $938.8M | $1.2B | ||
| Q2 25 | $247.3M | $1.2B | ||
| Q1 25 | $279.1M | $1.1B | ||
| Q4 24 | $256.5M | $1.1B | ||
| Q3 24 | $250.0M | $989.0M | ||
| Q2 24 | $362.1M | $815.0M |
总债务OPTUXYL
| Q1 26 | — | $1.9B | ||
| Q4 25 | $26.2B | $2.0B | ||
| Q3 25 | $26.2B | $2.0B | ||
| Q2 25 | $25.3B | $2.0B | ||
| Q1 25 | $25.3B | $2.0B | ||
| Q4 24 | $25.1B | $2.0B | ||
| Q3 24 | $25.1B | — | ||
| Q2 24 | $25.2B | — |
股东权益OPTUXYL
| Q1 26 | — | $11.0B | ||
| Q4 25 | $-2.3B | $11.5B | ||
| Q3 25 | $-2.2B | $11.2B | ||
| Q2 25 | $-624.1M | $11.1B | ||
| Q1 25 | $-543.0M | $10.8B | ||
| Q4 24 | $-469.2M | $10.6B | ||
| Q3 24 | $-427.1M | $10.6B | ||
| Q2 24 | $-399.1M | $10.3B |
总资产OPTUXYL
| Q1 26 | — | $17.0B | ||
| Q4 25 | $30.7B | $17.6B | ||
| Q3 25 | $30.7B | $17.3B | ||
| Q2 25 | $31.6B | $17.2B | ||
| Q1 25 | $31.7B | $16.6B | ||
| Q4 24 | $31.7B | $16.5B | ||
| Q3 24 | $31.8B | $16.0B | ||
| Q2 24 | $32.0B | $15.8B |
负债/权益比OPTUXYL
| Q1 26 | — | 0.18× | ||
| Q4 25 | — | 0.17× | ||
| Q3 25 | — | 0.18× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 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 | $481.6M | — |
| 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% | 4.2% |
| 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季度趋势，按日历期对齐
经营现金流OPTUXYL
| Q1 26 | — | — | ||
| Q4 25 | $481.6M | $543.0M | ||
| Q3 25 | $147.4M | $360.0M | ||
| Q2 25 | $412.0M | $305.0M | ||
| Q1 25 | $187.5M | $33.0M | ||
| Q4 24 | $439.9M | $575.0M | ||
| Q3 24 | $436.0M | $311.0M | ||
| Q2 24 | $306.8M | $288.0M |
自由现金流OPTUXYL
| Q1 26 | — | — | ||
| Q4 25 | $199.4M | $460.0M | ||
| Q3 25 | $-178.1M | $281.0M | ||
| Q2 25 | $28.4M | $207.0M | ||
| Q1 25 | $-168.6M | $-38.0M | ||
| Q4 24 | $49.9M | $475.0M | ||
| Q3 24 | $76.9M | $237.0M | ||
| Q2 24 | $-40.9M | $215.0M |
自由现金流率OPTUXYL
| Q1 26 | — | — | ||
| Q4 25 | 9.1% | 19.2% | ||
| Q3 25 | -8.4% | 12.4% | ||
| Q2 25 | 1.3% | 9.0% | ||
| Q1 25 | -7.8% | -1.8% | ||
| Q4 24 | 2.2% | 21.1% | ||
| Q3 24 | 3.5% | 11.3% | ||
| Q2 24 | -1.8% | 9.9% |
资本支出强度OPTUXYL
| Q1 26 | — | 4.2% | ||
| Q4 25 | 12.9% | 3.5% | ||
| Q3 25 | 15.4% | 3.5% | ||
| Q2 25 | 17.9% | 4.3% | ||
| Q1 25 | 16.5% | 3.4% | ||
| Q4 24 | 17.5% | 4.4% | ||
| Q3 24 | 16.1% | 3.5% | ||
| Q2 24 | 15.5% | 3.4% |
现金转化率OPTUXYL
| Q1 26 | — | — | ||
| Q4 25 | — | 1.62× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.35× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 1.76× | ||
| Q3 24 | — | 1.43× | ||
| Q2 24 | 19.97× | 1.48× |
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% |
XYL
| Revenue from products | $1.8B | 83% |
| Revenue from services | $368.0M | 17% |
