vs
奥的斯（OTIS）与皇家加勒比集团（RCL）财务数据对比。点击上方公司名可切换其他公司
皇家加勒比集团的季度营收约是奥的斯的1.2倍（$4.3B vs $3.6B），皇家加勒比集团净利率更高（17.7% vs 9.5%，领先8.1%），皇家加勒比集团同比增速更快（13.3% vs 1.0%），奥的斯自由现金流更多（$380.0M vs $116.0M），过去两年皇家加勒比集团的营收复合增速更高（6.9% vs -0.5%）
奥的斯（Otis Worldwide）是总部位于美国的知名垂直交通解决方案提供商，专业从事电梯、自动扶梯、自动人行道及相关配套设备的研发、生产与销售业务，产品覆盖全球各地区的商业楼宇、公共设施、住宅等多元场景。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
OTIS vs RCL — 直观对比
营收规模更大
RCL
是对方的1.2倍
$3.6B
营收增速更快
RCL
高出12.3%
1.0%
净利率更高
RCL
高出8.1%
9.5%
自由现金流更多
OTIS
多$264.0M
$116.0M
两年增速更快
RCL
近两年复合增速
-0.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.6B | $4.3B |
| 净利润 | $340.0M | $753.0M |
| 毛利率 | — | 47.4% |
| 营业利润率 | 15.1% | 21.9% |
| 净利率 | 9.5% | 17.7% |
| 营收同比 | 1.0% | 13.3% |
| 净利润同比 | 750.0% | 36.4% |
| 每股收益（稀释后） | $0.87 | $2.76 |
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OTISRCL
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.8B | $4.3B | ||
| Q3 25 | $3.7B | $5.1B | ||
| Q2 25 | $3.6B | $4.5B | ||
| Q1 25 | $3.4B | $4.0B | ||
| Q4 24 | $3.7B | $3.8B | ||
| Q3 24 | $3.5B | $4.9B | ||
| Q2 24 | $3.6B | $4.1B |
净利润OTISRCL
| Q1 26 | $340.0M | — | ||
| Q4 25 | $374.0M | $753.0M | ||
| Q3 25 | $374.0M | $1.6B | ||
| Q2 25 | $393.0M | $1.2B | ||
| Q1 25 | $243.0M | $730.0M | ||
| Q4 24 | $337.0M | $552.0M | ||
| Q3 24 | $540.0M | $1.1B | ||
| Q2 24 | $415.0M | $854.0M |
毛利率OTISRCL
| Q1 26 | — | — | ||
| Q4 25 | — | 47.4% | ||
| Q3 25 | — | 51.8% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 48.0% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | — | 51.1% | ||
| Q2 24 | — | 47.6% |
营业利润率OTISRCL
| Q1 26 | 15.1% | — | ||
| Q4 25 | 15.5% | 21.9% | ||
| Q3 25 | 15.9% | 33.1% | ||
| Q2 25 | 15.2% | 29.3% | ||
| Q1 25 | 12.3% | 23.6% | ||
| Q4 24 | 14.4% | 16.6% | ||
| Q3 24 | 10.2% | 33.4% | ||
| Q2 24 | 15.8% | 26.7% |
净利率OTISRCL
| Q1 26 | 9.5% | — | ||
| Q4 25 | 9.9% | 17.7% | ||
| Q3 25 | 10.1% | 30.6% | ||
| Q2 25 | 10.9% | 26.7% | ||
| Q1 25 | 7.3% | 18.3% | ||
| Q4 24 | 9.2% | 14.7% | ||
| Q3 24 | 15.2% | 22.7% | ||
| Q2 24 | 11.5% | 20.8% |
每股收益（稀释后）OTISRCL
| Q1 26 | $0.87 | — | ||
| Q4 25 | $0.95 | $2.76 | ||
| Q3 25 | $0.95 | $5.74 | ||
| Q2 25 | $0.99 | $4.41 | ||
| Q1 25 | $0.61 | $2.70 | ||
| Q4 24 | $0.85 | $2.27 | ||
| Q3 24 | $1.34 | $4.21 | ||
| Q2 24 | $1.02 | $3.11 |
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 | $834.0M | $825.0M |
| 总债务越低越好 | $6.9B | $18.2B |
| 股东权益账面价值 | — | $10.0B |
| 总资产 | $10.5B | $41.6B |
| 负债/权益比越低杠杆越低 | — | 1.81× |
8季度趋势，按日历期对齐
现金及短期投资OTISRCL
| Q1 26 | $834.0M | — | ||
| Q4 25 | $1.1B | $825.0M | ||
| Q3 25 | $840.0M | $432.0M | ||
| Q2 25 | $688.0M | $735.0M | ||
| Q1 25 | $1.9B | $386.0M | ||
| Q4 24 | $2.3B | $388.0M | ||
| Q3 24 | $827.0M | $418.0M | ||
| Q2 24 | $942.0M | $391.0M |
总债务OTISRCL
| Q1 26 | $6.9B | — | ||
| Q4 25 | $7.8B | $18.2B | ||
| Q3 25 | $7.7B | $17.2B | ||
| Q2 25 | $7.2B | $17.6B | ||
| Q1 25 | $8.4B | $18.0B | ||
| Q4 24 | $8.3B | $18.5B | ||
| Q3 24 | $6.9B | $19.0B | ||
| Q2 24 | $6.8B | $19.8B |
股东权益OTISRCL
| Q1 26 | — | — | ||
| Q4 25 | $-5.4B | $10.0B | ||
| Q3 25 | $-5.4B | $10.1B | ||
| Q2 25 | $-5.4B | $9.2B | ||
| Q1 25 | $-5.1B | $8.0B | ||
| Q4 24 | $-4.8B | $7.6B | ||
| Q3 24 | $-4.9B | $7.0B | ||
| Q2 24 | $-5.0B | $6.0B |
总资产OTISRCL
| Q1 26 | $10.5B | — | ||
| Q4 25 | $10.7B | $41.6B | ||
| Q3 25 | $10.8B | $40.1B | ||
| Q2 25 | $10.5B | $38.5B | ||
| Q1 25 | $11.2B | $37.5B | ||
| Q4 24 | $11.3B | $37.1B | ||
| Q3 24 | $10.3B | $37.1B | ||
| Q2 24 | $9.9B | $37.0B |
负债/权益比OTISRCL
| Q1 26 | — | — | ||
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.70× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | — | 2.26× | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | — | 2.69× | ||
| Q2 24 | — | 3.29× |
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 | — | $1.6B |
| 自由现金流经营现金流 - 资本支出 | $380.0M | $116.0M |
| 自由现金流率自由现金流/营收 | 10.7% | 2.7% |
| 资本支出强度资本支出/营收 | 0.9% | 35.4% |
| 现金转化率经营现金流/净利润 | — | 2.16× |
| 过去12个月自由现金流最近4个季度 | $1.7B | $1.2B |
8季度趋势，按日历期对齐
经营现金流OTISRCL
| Q1 26 | — | — | ||
| Q4 25 | $817.0M | $1.6B | ||
| Q3 25 | $374.0M | $1.5B | ||
| Q2 25 | $215.0M | $1.7B | ||
| Q1 25 | $190.0M | $1.6B | ||
| Q4 24 | $690.0M | $1.5B | ||
| Q3 24 | $394.0M | $897.0M | ||
| Q2 24 | $308.0M | $1.6B |
自由现金流OTISRCL
| Q1 26 | $380.0M | — | ||
| Q4 25 | $772.0M | $116.0M | ||
| Q3 25 | $337.0M | $-989.0M | ||
| Q2 25 | $179.0M | $910.0M | ||
| Q1 25 | $156.0M | $1.2B | ||
| Q4 24 | $651.0M | $915.0M | ||
| Q3 24 | $362.0M | $563.0M | ||
| Q2 24 | $284.0M | $-567.0M |
自由现金流率OTISRCL
| Q1 26 | 10.7% | — | ||
| Q4 25 | 20.3% | 2.7% | ||
| Q3 25 | 9.1% | -19.2% | ||
| Q2 25 | 5.0% | 20.1% | ||
| Q1 25 | 4.7% | 30.0% | ||
| Q4 24 | 17.7% | 24.3% | ||
| Q3 24 | 10.2% | 11.5% | ||
| Q2 24 | 7.9% | -13.8% |
资本支出强度OTISRCL
| Q1 26 | 0.9% | — | ||
| Q4 25 | 1.2% | 35.4% | ||
| Q3 25 | 1.0% | 47.8% | ||
| Q2 25 | 1.0% | 18.4% | ||
| Q1 25 | 1.0% | 10.7% | ||
| Q4 24 | 1.1% | 14.7% | ||
| Q3 24 | 0.9% | 6.8% | ||
| Q2 24 | 0.7% | 52.1% |
现金转化率OTISRCL
| Q1 26 | — | — | ||
| Q4 25 | 2.18× | 2.16× | ||
| Q3 25 | 1.00× | 0.93× | ||
| Q2 25 | 0.55× | 1.44× | ||
| Q1 25 | 0.78× | 2.23× | ||
| Q4 24 | 2.05× | 2.66× | ||
| Q3 24 | 0.73× | 0.81× | ||
| Q2 24 | 0.74× | 1.84× |
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
OTIS
| Service | $2.2B | 61% |
| New Equipment | $1.1B | 32% |
| Other | $230.0M | 6% |
RCL
| Passenger | $2.9B | 69% |
| Other | $1.3B | 31% |
