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OUTFRONT Media Inc.（OUT）与INNOVATE Corp.（VATE）财务数据对比。点击上方公司名可切换其他公司
OUTFRONT Media Inc.的季度营收约是INNOVATE Corp.的1.3倍（$513.3M vs $382.7M），OUTFRONT Media Inc.净利率更高（18.9% vs -1.9%，领先20.8%），INNOVATE Corp.同比增速更快（61.7% vs 4.1%），过去两年OUTFRONT Media Inc.的营收复合增速更高（12.1% vs 10.2%）
OUTFRONT Media Inc.是一家美国广告企业，业务覆盖美国本土，由首席执行官Nick Brien领导美洲区业务，核心经营广告牌及公共交通展示广告两大业务板块，是户外广告领域的重要参与者。
创新公司（Innovate Corp.）是一家美国上市金融服务企业，创立于1994年，深耕金融服务领域，面向市场提供多元专业金融相关服务，是美国本土具备多年运营经验的公众金融服务机构。
OUT vs VATE — 直观对比
营收规模更大
OUT
是对方的1.3倍
$382.7M
营收增速更快
VATE
高出57.7%
4.1%
净利率更高
OUT
高出20.8%
-1.9%
两年增速更快
OUT
近两年复合增速
10.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $513.3M | $382.7M |
| 净利润 | $96.8M | $-7.4M |
| 毛利率 | — | 15.4% |
| 营业利润率 | 26.0% | 3.7% |
| 净利率 | 18.9% | -1.9% |
| 营收同比 | 4.1% | 61.7% |
| 净利润同比 | 30.8% | 55.4% |
| 每股收益（稀释后） | $0.57 | $-0.57 |
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OUTVATE
| Q4 25 | $513.3M | $382.7M | ||
| Q3 25 | $467.5M | $347.1M | ||
| Q2 25 | $460.2M | $242.0M | ||
| Q1 25 | $390.7M | $274.2M | ||
| Q4 24 | $493.2M | $236.6M | ||
| Q3 24 | $451.9M | $242.2M | ||
| Q2 24 | $477.3M | $313.1M | ||
| Q1 24 | $408.5M | $315.2M |
净利润OUTVATE
| Q4 25 | $96.8M | $-7.4M | ||
| Q3 25 | $51.3M | $-8.9M | ||
| Q2 25 | $19.5M | $-19.8M | ||
| Q1 25 | $-20.6M | $-24.5M | ||
| Q4 24 | $74.0M | $-16.6M | ||
| Q3 24 | $34.6M | $-15.0M | ||
| Q2 24 | $176.8M | $14.4M | ||
| Q1 24 | $-27.2M | $-17.4M |
毛利率OUTVATE
| Q4 25 | — | 15.4% | ||
| Q3 25 | — | 14.3% | ||
| Q2 25 | — | 18.8% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | — | 19.9% | ||
| Q2 24 | — | 21.0% | ||
| Q1 24 | — | 15.4% |
营业利润率OUTVATE
| Q4 25 | 26.0% | 3.7% | ||
| Q3 25 | 19.2% | 1.8% | ||
| Q2 25 | 12.2% | 2.0% | ||
| Q1 25 | 3.6% | 1.2% | ||
| Q4 24 | 22.5% | 1.1% | ||
| Q3 24 | 15.8% | 2.4% | ||
| Q2 24 | 48.0% | 9.2% | ||
| Q1 24 | 3.4% | 0.9% |
净利率OUTVATE
| Q4 25 | 18.9% | -1.9% | ||
| Q3 25 | 11.0% | -2.6% | ||
| Q2 25 | 4.2% | -8.2% | ||
| Q1 25 | -5.3% | -8.9% | ||
| Q4 24 | 15.0% | -7.0% | ||
| Q3 24 | 7.7% | -6.2% | ||
| Q2 24 | 37.0% | 4.6% | ||
| Q1 24 | -6.7% | -5.5% |
每股收益（稀释后）OUTVATE
| Q4 25 | $0.57 | $-0.57 | ||
| Q3 25 | $0.29 | $-0.71 | ||
| Q2 25 | $0.10 | $-1.67 | ||
| Q1 25 | $-0.14 | $-1.89 | ||
| Q4 24 | $0.49 | $-0.72 | ||
| Q3 24 | $0.19 | $-1.18 | ||
| Q2 24 | $1.01 | $1.03 | ||
| Q1 24 | $-0.18 | $-2.21 |
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 | $99.9M | $112.1M |
| 总债务越低越好 | — | $80.3M |
| 股东权益账面价值 | $710.4M | $-240.1M |
| 总资产 | $5.3B | $950.1M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资OUTVATE
| Q4 25 | $99.9M | $112.1M | ||
| Q3 25 | $63.0M | $35.5M | ||
| Q2 25 | $28.5M | $33.4M | ||
| Q1 25 | $30.5M | $33.3M | ||
| Q4 24 | $46.9M | $48.8M | ||
| Q3 24 | $28.0M | $51.0M | ||
| Q2 24 | $49.6M | $80.2M | ||
| Q1 24 | $42.4M | $38.4M |
总债务OUTVATE
| Q4 25 | — | $80.3M | ||
| Q3 25 | — | $97.3M | ||
| Q2 25 | — | $160.1M | ||
| Q1 25 | — | $139.9M | ||
| Q4 24 | — | $500.6M | ||
| Q3 24 | — | $502.4M | ||
| Q2 24 | — | $638.3M | ||
| Q1 24 | — | $641.5M |
股东权益OUTVATE
| Q4 25 | $710.4M | $-240.1M | ||
| Q3 25 | $542.6M | $-233.3M | ||
| Q2 25 | $539.1M | $-224.8M | ||
| Q1 25 | $566.9M | $-204.2M | ||
| Q4 24 | $649.0M | $-180.4M | ||
| Q3 24 | $618.2M | $-163.1M | ||
| Q2 24 | $664.9M | $-149.0M | ||
| Q1 24 | $524.2M | $-184.4M |
总资产OUTVATE
| Q4 25 | $5.3B | $950.1M | ||
| Q3 25 | $5.2B | $913.2M | ||
| Q2 25 | $5.1B | $890.9M | ||
| Q1 25 | $5.1B | $868.0M | ||
| Q4 24 | $5.2B | $891.1M | ||
| Q3 24 | $5.2B | $897.2M | ||
| Q2 24 | $5.3B | $898.9M | ||
| Q1 24 | $5.5B | $943.5M |
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 | $118.1M | $101.1M |
| 自由现金流经营现金流 - 资本支出 | $93.3M | — |
| 自由现金流率自由现金流/营收 | 18.2% | — |
| 资本支出强度资本支出/营收 | 4.8% | — |
| 现金转化率经营现金流/净利润 | 1.22× | — |
| 过去12个月自由现金流最近4个季度 | $218.8M | — |
8季度趋势，按日历期对齐
经营现金流OUTVATE
| Q4 25 | $118.1M | $101.1M | ||
| Q3 25 | $88.8M | $19.2M | ||
| Q2 25 | $67.1M | $40.4M | ||
| Q1 25 | $33.6M | $-14.1M | ||
| Q4 24 | $124.5M | $41.4M | ||
| Q3 24 | $73.1M | $-28.4M | ||
| Q2 24 | $71.0M | $21.5M | ||
| Q1 24 | $30.6M | $-25.4M |
自由现金流OUTVATE
| Q4 25 | $93.3M | — | ||
| Q3 25 | $67.7M | $19.0M | ||
| Q2 25 | $41.4M | — | ||
| Q1 25 | $16.4M | $-18.8M | ||
| Q4 24 | $106.3M | $34.2M | ||
| Q3 24 | $55.5M | $-31.5M | ||
| Q2 24 | $47.1M | $18.4M | ||
| Q1 24 | $12.2M | $-31.0M |
自由现金流率OUTVATE
| Q4 25 | 18.2% | — | ||
| Q3 25 | 14.5% | 5.5% | ||
| Q2 25 | 9.0% | — | ||
| Q1 25 | 4.2% | -6.9% | ||
| Q4 24 | 21.6% | 14.5% | ||
| Q3 24 | 12.3% | -13.0% | ||
| Q2 24 | 9.9% | 5.9% | ||
| Q1 24 | 3.0% | -9.8% |
资本支出强度OUTVATE
| Q4 25 | 4.8% | — | ||
| Q3 25 | 4.5% | 0.1% | ||
| Q2 25 | 5.6% | — | ||
| Q1 25 | 4.4% | 1.7% | ||
| Q4 24 | 3.7% | 3.0% | ||
| Q3 24 | 3.9% | 1.3% | ||
| Q2 24 | 5.0% | 1.0% | ||
| Q1 24 | 4.5% | 1.8% |
现金转化率OUTVATE
| Q4 25 | 1.22× | — | ||
| Q3 25 | 1.73× | — | ||
| Q2 25 | 3.44× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.68× | — | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 0.40× | 1.49× | ||
| 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
OUT
| Static Displays | $236.3M | 46% |
| Other | $134.8M | 26% |
| Digital Displays | $125.3M | 24% |
| Other Revenues | $1.9M | 0% |
VATE
| Commercial Revenue | $126.1M | 33% |
| Industrial Revenue | $87.5M | 23% |
| Transportation Revenue | $58.4M | 15% |
| Healthcare Revenue | $48.4M | 13% |
| Government Revenue | $44.3M | 12% |
| Energy Revenue | $8.0M | 2% |
| Broadcast Station Revenue | $5.7M | 1% |
| Systems And Consumables Revenue | $3.1M | 1% |
| Leisure Revenue | $200.0K | 0% |
