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OUTFRONT Media Inc.（OUT）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
OUTFRONT Media Inc.的季度营收约是世纪互联的1.4倍（$513.3M vs $362.7M），OUTFRONT Media Inc.净利率更高（18.9% vs -10.7%，领先29.5%），OUTFRONT Media Inc.自由现金流更多（$93.3M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 12.1%）
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。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
OUT vs VNET — 直观对比
营收规模更大
OUT
是对方的1.4倍
$362.7M
净利率更高
OUT
高出29.5%
-10.7%
自由现金流更多
OUT
多$286.4M
$-193.1M
两年增速更快
VNET
近两年复合增速
12.1%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $513.3M | $362.7M |
| 净利润 | $96.8M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 26.0% | 0.5% |
| 净利率 | 18.9% | -10.7% |
| 营收同比 | 4.1% | — |
| 净利润同比 | 30.8% | — |
| 每股收益（稀释后） | $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OUTVNET
| Q4 25 | $513.3M | — | ||
| Q3 25 | $467.5M | $362.7M | ||
| Q2 25 | $460.2M | — | ||
| Q1 25 | $390.7M | $309.5M | ||
| Q4 24 | $493.2M | — | ||
| Q3 24 | $451.9M | $302.2M | ||
| Q2 24 | $477.3M | $274.4M | ||
| Q1 24 | $408.5M | $262.9M |
净利润OUTVNET
| Q4 25 | $96.8M | — | ||
| Q3 25 | $51.3M | $-38.7M | ||
| Q2 25 | $19.5M | — | ||
| Q1 25 | $-20.6M | $-2.4M | ||
| Q4 24 | $74.0M | — | ||
| Q3 24 | $34.6M | $-2.1M | ||
| Q2 24 | $176.8M | $-1.1M | ||
| Q1 24 | $-27.2M | $-22.0M |
毛利率OUTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 21.6% |
营业利润率OUTVNET
| Q4 25 | 26.0% | — | ||
| Q3 25 | 19.2% | 0.5% | ||
| Q2 25 | 12.2% | — | ||
| Q1 25 | 3.6% | 0.1% | ||
| Q4 24 | 22.5% | — | ||
| Q3 24 | 15.8% | 24.5% | ||
| Q2 24 | 48.0% | 0.2% | ||
| Q1 24 | 3.4% | 0.2% |
净利率OUTVNET
| Q4 25 | 18.9% | — | ||
| Q3 25 | 11.0% | -10.7% | ||
| Q2 25 | 4.2% | — | ||
| Q1 25 | -5.3% | -0.8% | ||
| Q4 24 | 15.0% | — | ||
| Q3 24 | 7.7% | -0.7% | ||
| Q2 24 | 37.0% | -0.4% | ||
| Q1 24 | -6.7% | -8.4% |
每股收益（稀释后）OUTVNET
| Q4 25 | $0.57 | — | ||
| Q3 25 | $0.29 | — | ||
| Q2 25 | $0.10 | — | ||
| Q1 25 | $-0.14 | — | ||
| Q4 24 | $0.49 | — | ||
| Q3 24 | $0.19 | — | ||
| Q2 24 | $1.01 | — | ||
| Q1 24 | $-0.18 | — |
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 | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $710.4M | $890.8M |
| 总资产 | $5.3B | $6.1B |
| 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OUTVNET
| Q4 25 | $99.9M | — | ||
| Q3 25 | $63.0M | $492.1M | ||
| Q2 25 | $28.5M | — | ||
| Q1 25 | $30.5M | $544.3M | ||
| Q4 24 | $46.9M | — | ||
| Q3 24 | $28.0M | $219.5M | ||
| Q2 24 | $49.6M | $247.2M | ||
| Q1 24 | $42.4M | $246.9M |
总债务OUTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益OUTVNET
| Q4 25 | $710.4M | — | ||
| Q3 25 | $542.6M | $890.8M | ||
| Q2 25 | $539.1M | — | ||
| Q1 25 | $566.9M | $927.8M | ||
| Q4 24 | $649.0M | — | ||
| Q3 24 | $618.2M | $902.9M | ||
| Q2 24 | $664.9M | $900.6M | ||
| Q1 24 | $524.2M | $895.1M |
总资产OUTVNET
| Q4 25 | $5.3B | — | ||
| Q3 25 | $5.2B | $6.1B | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.1B | $5.4B | ||
| Q4 24 | $5.2B | — | ||
| Q3 24 | $5.2B | $4.3B | ||
| Q2 24 | $5.3B | $4.0B | ||
| Q1 24 | $5.5B | $3.9B |
负债/权益比OUTVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 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 | $118.1M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $93.3M | $-193.1M |
| 自由现金流率自由现金流/营收 | 18.2% | -53.2% |
| 资本支出强度资本支出/营收 | 4.8% | 84.6% |
| 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 | $-589.7M |
8季度趋势，按日历期对齐
经营现金流OUTVNET
| Q4 25 | $118.1M | — | ||
| Q3 25 | $88.8M | $113.8M | ||
| Q2 25 | $67.1M | — | ||
| Q1 25 | $33.6M | $27.0M | ||
| Q4 24 | $124.5M | — | ||
| Q3 24 | $73.1M | $108.3M | ||
| Q2 24 | $71.0M | $55.8M | ||
| Q1 24 | $30.6M | $37.1M |
自由现金流OUTVNET
| Q4 25 | $93.3M | — | ||
| Q3 25 | $67.7M | $-193.1M | ||
| Q2 25 | $41.4M | — | ||
| Q1 25 | $16.4M | $-220.0M | ||
| Q4 24 | $106.3M | — | ||
| Q3 24 | $55.5M | $-95.0M | ||
| Q2 24 | $47.1M | $-81.6M | ||
| Q1 24 | $12.2M | $-102.2M |
自由现金流率OUTVNET
| Q4 25 | 18.2% | — | ||
| Q3 25 | 14.5% | -53.2% | ||
| Q2 25 | 9.0% | — | ||
| Q1 25 | 4.2% | -71.1% | ||
| Q4 24 | 21.6% | — | ||
| Q3 24 | 12.3% | -31.4% | ||
| Q2 24 | 9.9% | -29.8% | ||
| Q1 24 | 3.0% | -38.9% |
资本支出强度OUTVNET
| Q4 25 | 4.8% | — | ||
| Q3 25 | 4.5% | 84.6% | ||
| Q2 25 | 5.6% | — | ||
| Q1 25 | 4.4% | 79.8% | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 3.9% | 67.3% | ||
| Q2 24 | 5.0% | 50.1% | ||
| Q1 24 | 4.5% | 53.0% |
现金转化率OUTVNET
| 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× | — | ||
| 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% |
VNET
暂无分部数据
