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皇家加勒比集团（RCL）与Viking Holdings Ltd（VIK）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Viking Holdings Ltd的1.1倍（$4.3B vs $4.0B）。皇家加勒比集团净利率更高（17.7% vs 12.9%，领先4.8%）
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。
本公司为注册于百慕大、运营总部设在美国的控股企业，旗下全资拥有诺唯真邮轮、大洋邮轮、丽晶七海邮轮三大邮轮品牌，合并业务规模位列全球第三大邮轮运营商，目前在纽约证券交易所公开上市。
RCL vs VIK — 直观对比
营收规模更大
RCL
是对方的1.1倍
$4.0B
净利率更高
RCL
高出4.8%
12.9%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $4.0B |
| 净利润 | $753.0M | $514.0M |
| 毛利率 | 47.4% | 73.4% |
| 营业利润率 | 21.9% | 15.2% |
| 净利率 | 17.7% | 12.9% |
| 营收同比 | 13.3% | — |
| 净利润同比 | 36.4% | 35.4% |
| 每股收益（稀释后） | $2.76 | $1.15 |
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RCLVIK
| Q4 25 | $4.3B | — | ||
| Q3 25 | $5.1B | $4.0B | ||
| Q2 25 | $4.5B | $2.3B | ||
| Q1 25 | $4.0B | $718.2M | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $4.9B | $3.6B | ||
| Q2 24 | $4.1B | $2.1B | ||
| Q1 24 | $3.7B | — |
净利润RCLVIK
| Q4 25 | $753.0M | — | ||
| Q3 25 | $1.6B | $514.0M | ||
| Q2 25 | $1.2B | $439.2M | ||
| Q1 25 | $730.0M | $-105.5M | ||
| Q4 24 | $552.0M | — | ||
| Q3 24 | $1.1B | $379.7M | ||
| Q2 24 | $854.0M | $159.8M | ||
| Q1 24 | $360.0M | — |
毛利率RCLVIK
| Q4 25 | 47.4% | — | ||
| Q3 25 | 51.8% | 73.4% | ||
| Q2 25 | 49.7% | 55.7% | ||
| Q1 25 | 48.0% | 17.3% | ||
| Q4 24 | 45.4% | — | ||
| Q3 24 | 51.1% | 74.7% | ||
| Q2 24 | 47.6% | 57.8% | ||
| Q1 24 | 44.8% | — |
营业利润率RCLVIK
| Q4 25 | 21.9% | — | ||
| Q3 25 | 33.1% | 15.2% | ||
| Q2 25 | 29.3% | 23.7% | ||
| Q1 25 | 23.6% | -1.3% | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 33.4% | 13.6% | ||
| Q2 24 | 26.7% | 20.5% | ||
| Q1 24 | 20.1% | — |
净利率RCLVIK
| Q4 25 | 17.7% | — | ||
| Q3 25 | 30.6% | 12.9% | ||
| Q2 25 | 26.7% | 19.1% | ||
| Q1 25 | 18.3% | -14.7% | ||
| Q4 24 | 14.7% | — | ||
| Q3 24 | 22.7% | 10.6% | ||
| Q2 24 | 20.8% | 7.7% | ||
| Q1 24 | 9.7% | — |
每股收益（稀释后）RCLVIK
| Q4 25 | $2.76 | — | ||
| Q3 25 | $5.74 | $1.15 | ||
| Q2 25 | $4.41 | $0.99 | ||
| Q1 25 | $2.70 | $-0.24 | ||
| Q4 24 | $2.27 | — | ||
| Q3 24 | $4.21 | $0.87 | ||
| Q2 24 | $3.11 | $0.38 | ||
| Q1 24 | $1.35 | — |
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 | $825.0M | $3.0B |
| 总债务越低越好 | $18.2B | — |
| 股东权益账面价值 | $10.0B | $803.5M |
| 总资产 | $41.6B | $11.5B |
| 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RCLVIK
| Q4 25 | $825.0M | — | ||
| Q3 25 | $432.0M | $3.0B | ||
| Q2 25 | $735.0M | $2.6B | ||
| Q1 25 | $386.0M | $2.8B | ||
| Q4 24 | $388.0M | — | ||
| Q3 24 | $418.0M | $2.4B | ||
| Q2 24 | $391.0M | $1.8B | ||
| Q1 24 | $437.0M | — |
总债务RCLVIK
| Q4 25 | $18.2B | — | ||
| Q3 25 | $17.2B | — | ||
| Q2 25 | $17.6B | — | ||
| Q1 25 | $18.0B | — | ||
| Q4 24 | $18.5B | — | ||
| Q3 24 | $19.0B | — | ||
| Q2 24 | $19.8B | — | ||
| Q1 24 | $18.9B | — |
股东权益RCLVIK
| Q4 25 | $10.0B | — | ||
| Q3 25 | $10.1B | $803.5M | ||
| Q2 25 | $9.2B | $278.3M | ||
| Q1 25 | $8.0B | $-267.5M | ||
| Q4 24 | $7.6B | — | ||
| Q3 24 | $7.0B | $-688.9M | ||
| Q2 24 | $6.0B | $-1.1B | ||
| Q1 24 | $5.2B | — |
总资产RCLVIK
| Q4 25 | $41.6B | — | ||
| Q3 25 | $40.1B | $11.5B | ||
| Q2 25 | $38.5B | $11.1B | ||
| Q1 25 | $37.5B | $10.7B | ||
| Q4 24 | $37.1B | — | ||
| Q3 24 | $37.1B | — | ||
| Q2 24 | $37.0B | — | ||
| Q1 24 | $35.2B | — |
负债/权益比RCLVIK
| 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× | — | ||
| Q1 24 | 3.66× | — |
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 | $663.9M |
| 自由现金流经营现金流 - 资本支出 | $116.0M | — |
| 自由现金流率自由现金流/营收 | 2.7% | — |
| 资本支出强度资本支出/营收 | 35.4% | — |
| 现金转化率经营现金流/净利润 | 2.16× | 1.29× |
| 过去12个月自由现金流最近4个季度 | $1.2B | — |
8季度趋势，按日历期对齐
经营现金流RCLVIK
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.5B | $663.9M | ||
| Q2 25 | $1.7B | $470.7M | ||
| Q1 25 | $1.6B | $587.9M | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $897.0M | $828.7M | ||
| Q2 24 | $1.6B | $419.8M | ||
| Q1 24 | $1.3B | — |
自由现金流RCLVIK
| Q4 25 | $116.0M | — | ||
| Q3 25 | $-989.0M | — | ||
| Q2 25 | $910.0M | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $915.0M | — | ||
| Q3 24 | $563.0M | — | ||
| Q2 24 | $-567.0M | — | ||
| Q1 24 | $1.1B | — |
自由现金流率RCLVIK
| Q4 25 | 2.7% | — | ||
| Q3 25 | -19.2% | — | ||
| Q2 25 | 20.1% | — | ||
| Q1 25 | 30.0% | — | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 11.5% | — | ||
| Q2 24 | -13.8% | — | ||
| Q1 24 | 29.1% | — |
资本支出强度RCLVIK
| Q4 25 | 35.4% | — | ||
| Q3 25 | 47.8% | — | ||
| Q2 25 | 18.4% | — | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 14.7% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 52.1% | — | ||
| Q1 24 | 6.5% | — |
现金转化率RCLVIK
| Q4 25 | 2.16× | — | ||
| Q3 25 | 0.93× | 1.29× | ||
| Q2 25 | 1.44× | 1.07× | ||
| Q1 25 | 2.23× | — | ||
| Q4 24 | 2.66× | — | ||
| Q3 24 | 0.81× | 2.18× | ||
| Q2 24 | 1.84× | 2.63× | ||
| Q1 24 | 3.69× | — |
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
RCL
| Passenger | $2.9B | 69% |
| Other | $1.3B | 31% |
VIK
暂无分部数据
