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Quad/Graphics, Inc.（QUAD）与REPUBLIC AIRWAYS HOLDINGS INC.（RJET）财务数据对比。点击上方公司名可切换其他公司
REPUBLIC AIRWAYS HOLDINGS INC.的季度营收约是Quad/Graphics, Inc.的1.7倍（$1.1B vs $630.6M），过去两年REPUBLIC AIRWAYS HOLDINGS INC.的营收复合增速更高（3.9% vs -1.9%）
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QUAD vs RJET — 直观对比
营收规模更大
RJET
是对方的1.7倍
$630.6M
两年增速更快
RJET
近两年复合增速
-1.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $630.6M | $1.1B |
| 净利润 | — | — |
| 毛利率 | 21.6% | — |
| 营业利润率 | 5.9% | 22.0% |
| 净利率 | — | — |
| 营收同比 | -11.0% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.22 | $3.13 |
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QUADRJET
| Q4 25 | $630.6M | $1.1B | ||
| Q3 25 | $588.0M | $90.7M | ||
| Q2 25 | $571.9M | $92.8M | ||
| Q1 25 | $629.4M | $94.7M | ||
| Q4 24 | $708.4M | $808.3M | ||
| Q3 24 | $674.8M | — | ||
| Q2 24 | $634.2M | $110.8M | ||
| Q1 24 | $654.8M | $131.6M |
净利润QUADRJET
| Q4 25 | — | — | ||
| Q3 25 | $10.2M | $-14.1M | ||
| Q2 25 | $-100.0K | $20.9M | ||
| Q1 25 | $5.8M | $-58.6M | ||
| Q4 24 | — | $97.8M | ||
| Q3 24 | $-24.7M | — | ||
| Q2 24 | $-2.8M | $-19.9M | ||
| Q1 24 | $-28.1M | $11.7M |
毛利率QUADRJET
| Q4 25 | 21.6% | — | ||
| Q3 25 | 22.8% | — | ||
| Q2 25 | 21.6% | — | ||
| Q1 25 | 20.6% | — | ||
| Q4 24 | 22.4% | — | ||
| Q3 24 | 21.8% | — | ||
| Q2 24 | 22.1% | — | ||
| Q1 24 | 20.4% | — |
营业利润率QUADRJET
| Q4 25 | 5.9% | 22.0% | ||
| Q3 25 | 4.5% | -10.1% | ||
| Q2 25 | 2.4% | -0.2% | ||
| Q1 25 | 3.1% | -60.4% | ||
| Q4 24 | 2.8% | 18.7% | ||
| Q3 24 | -0.7% | — | ||
| Q2 24 | 2.4% | -8.1% | ||
| Q1 24 | -1.6% | 8.8% |
净利率QUADRJET
| Q4 25 | — | — | ||
| Q3 25 | 1.7% | -15.6% | ||
| Q2 25 | -0.0% | 22.5% | ||
| Q1 25 | 0.9% | -61.9% | ||
| Q4 24 | — | 12.1% | ||
| Q3 24 | -3.7% | — | ||
| Q2 24 | -0.4% | -18.0% | ||
| Q1 24 | -4.3% | 8.9% |
每股收益（稀释后）QUADRJET
| Q4 25 | $0.22 | $3.13 | ||
| Q3 25 | $0.21 | $-0.34 | ||
| Q2 25 | $0.00 | $0.50 | ||
| Q1 25 | $0.11 | $-1.42 | ||
| Q4 24 | $0.11 | $2.42 | ||
| Q3 24 | $-0.52 | — | ||
| Q2 24 | $-0.06 | $-0.48 | ||
| Q1 24 | $-0.60 | $0.28 |
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 | $63.3M | $296.5M |
| 总债务越低越好 | $369.9M | $882.9M |
| 股东权益账面价值 | $-59.5M | $1.3B |
| 总资产 | $1.3B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.66× |
8季度趋势，按日历期对齐
现金及短期投资QUADRJET
| Q4 25 | $63.3M | $296.5M | ||
| Q3 25 | $6.2M | $38.7M | ||
| Q2 25 | $6.7M | $42.5M | ||
| Q1 25 | $8.1M | $54.1M | ||
| Q4 24 | $29.2M | $302.0M | ||
| Q3 24 | $12.5M | — | ||
| Q2 24 | $12.8M | $16.3M | ||
| Q1 24 | $10.2M | $18.5M |
总债务QUADRJET
| Q4 25 | $369.9M | $882.9M | ||
| Q3 25 | — | $27.0M | ||
| Q2 25 | — | $28.2M | ||
| Q1 25 | — | $31.7M | ||
| Q4 24 | $377.1M | $752.2M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $287.7M | ||
| Q1 24 | — | $299.0M |
股东权益QUADRJET
| Q4 25 | $-59.5M | $1.3B | ||
| Q3 25 | $96.7M | $-52.6M | ||
| Q2 25 | $87.0M | $-38.7M | ||
| Q1 25 | $87.4M | $-59.8M | ||
| Q4 24 | $-131.2M | $1.1B | ||
| Q3 24 | $50.9M | — | ||
| Q2 24 | $79.1M | $134.9M | ||
| Q1 24 | $89.2M | $154.7M |
总资产QUADRJET
| Q4 25 | $1.3B | $3.3B | ||
| Q3 25 | $1.3B | $158.9M | ||
| Q2 25 | $1.2B | $178.6M | ||
| Q1 25 | $1.2B | $215.0M | ||
| Q4 24 | $1.3B | $2.8B | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | $664.4M | ||
| Q1 24 | $1.4B | $706.3M |
负债/权益比QUADRJET
| Q4 25 | — | 0.66× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.68× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.13× | ||
| Q1 24 | — | 1.93× |
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 | $145.9M | — |
| 自由现金流经营现金流 - 资本支出 | $137.2M | — |
| 自由现金流率自由现金流/营收 | 21.8% | — |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 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 | $50.7M | — |
8季度趋势，按日历期对齐
经营现金流QUADRJET
| Q4 25 | $145.9M | — | ||
| Q3 25 | $-8.4M | — | ||
| Q2 25 | $47.4M | $-9.4M | ||
| Q1 25 | $-89.0M | — | ||
| Q4 24 | $158.8M | $184.0M | ||
| Q3 24 | $2.4M | — | ||
| Q2 24 | $3.9M | $11.2M | ||
| Q1 24 | $-52.2M | — |
自由现金流QUADRJET
| Q4 25 | $137.2M | — | ||
| Q3 25 | $-20.6M | — | ||
| Q2 25 | $34.4M | $-10.5M | ||
| Q1 25 | $-100.3M | — | ||
| Q4 24 | $147.3M | $-42.7M | ||
| Q3 24 | $-9.8M | — | ||
| Q2 24 | $-11.7M | $7.5M | ||
| Q1 24 | $-70.1M | — |
自由现金流率QUADRJET
| Q4 25 | 21.8% | — | ||
| Q3 25 | -3.5% | — | ||
| Q2 25 | 6.0% | -11.3% | ||
| Q1 25 | -15.9% | — | ||
| Q4 24 | 20.8% | -5.3% | ||
| Q3 24 | -1.5% | — | ||
| Q2 24 | -1.8% | 6.8% | ||
| Q1 24 | -10.7% | — |
资本支出强度QUADRJET
| Q4 25 | 1.4% | — | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 2.3% | 1.2% | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 1.6% | 28.0% | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 2.5% | 3.4% | ||
| Q1 24 | 2.7% | — |
现金转化率QUADRJET
| Q4 25 | — | — | ||
| Q3 25 | -0.82× | — | ||
| Q2 25 | — | -0.45× | ||
| Q1 25 | -15.34× | — | ||
| Q4 24 | — | 1.88× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
QUAD
| Catalog Publications Retail Inserts Books And Directories | $300.6M | 48% |
| Direct Mail And Other Printed Products | $147.1M | 23% |
| Imaging Marketing Services And Other Services | $79.8M | 13% |
| Logistic Services | $61.4M | 10% |
| Other | $39.3M | 6% |
| Other Revenues | $2.4M | 0% |
RJET
| United Airlines | $517.5M | 48% |
| Delta Air Lines | $409.7M | 38% |
| Other | $49.9M | 5% |
| Republic Airways Holdings Inc. | $42.2M | 4% |
| Other Airlines | $25.7M | 2% |
| LIFT Academy | $23.2M | 2% |
