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E.W. SCRIPPS Co（SSP）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
E.W. SCRIPPS Co的季度营收约是世纪互联的1.5倍（$560.3M vs $362.7M），E.W. SCRIPPS Co净利率更高（-5.1% vs -10.7%，领先5.6%），E.W. SCRIPPS Co自由现金流更多（$31.2M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs -0.1%）
E.W.斯克里普斯公司简称斯克里普斯，是美国的广播传媒企业，1878年由爱德华·威利斯·斯克里普斯与姐姐艾伦·勃朗宁·斯克里普斯创立，最初为日报连锁企业，前身是一家传媒集团，如今总部位于俄亥俄州辛辛那提市的斯克里普斯中心，企业格言为“给人光明，大众自寻前路”，品牌标识为沿用已久的灯塔。
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。
SSP vs VNET — 直观对比
营收规模更大
SSP
是对方的1.5倍
$362.7M
净利率更高
SSP
高出5.6%
-10.7%
自由现金流更多
SSP
多$224.3M
$-193.1M
两年增速更快
VNET
近两年复合增速
-0.1%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $560.3M | $362.7M |
| 净利润 | $-28.5M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 7.5% | 0.5% |
| 净利率 | -5.1% | -10.7% |
| 营收同比 | -23.1% | — |
| 净利润同比 | -129.9% | — |
| 每股收益（稀释后） | $-0.51 | — |
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SSPVNET
| Q4 25 | $560.3M | — | ||
| Q3 25 | $525.9M | $362.7M | ||
| Q2 25 | $540.1M | — | ||
| Q1 25 | $524.4M | $309.5M | ||
| Q4 24 | $728.4M | — | ||
| Q3 24 | $646.3M | $302.2M | ||
| Q2 24 | $573.6M | $274.4M | ||
| Q1 24 | $561.5M | $262.9M |
净利润SSPVNET
| Q4 25 | $-28.5M | — | ||
| Q3 25 | $-33.0M | $-38.7M | ||
| Q2 25 | $-36.0M | — | ||
| Q1 25 | $-3.5M | $-2.4M | ||
| Q4 24 | $95.4M | — | ||
| Q3 24 | $47.8M | $-2.1M | ||
| Q2 24 | $1.4M | $-1.1M | ||
| Q1 24 | $1.6M | $-22.0M |
毛利率SSPVNET
| 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SSPVNET
| Q4 25 | 7.5% | — | ||
| Q3 25 | 7.2% | 0.5% | ||
| Q2 25 | 14.2% | — | ||
| Q1 25 | 5.2% | 0.1% | ||
| Q4 24 | 26.3% | — | ||
| Q3 24 | 18.8% | 24.5% | ||
| Q2 24 | 9.7% | 0.2% | ||
| Q1 24 | 7.7% | 0.2% |
净利率SSPVNET
| Q4 25 | -5.1% | — | ||
| Q3 25 | -6.3% | -10.7% | ||
| Q2 25 | -6.7% | — | ||
| Q1 25 | -0.7% | -0.8% | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 7.4% | -0.7% | ||
| Q2 24 | 0.2% | -0.4% | ||
| Q1 24 | 0.3% | -8.4% |
每股收益（稀释后）SSPVNET
| Q4 25 | $-0.51 | — | ||
| Q3 25 | $-0.55 | — | ||
| Q2 25 | $-0.59 | — | ||
| Q1 25 | $-0.22 | — | ||
| Q4 24 | $0.94 | — | ||
| Q3 24 | $0.37 | — | ||
| Q2 24 | $-0.15 | — | ||
| Q1 24 | $-0.15 | — |
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 | $27.9M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.2B | $890.8M |
| 总资产 | $5.0B | $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SSPVNET
| Q4 25 | $27.9M | — | ||
| Q3 25 | $54.7M | $492.1M | ||
| Q2 25 | $31.7M | — | ||
| Q1 25 | $24.0M | $544.3M | ||
| Q4 24 | $23.9M | — | ||
| Q3 24 | $34.6M | $219.5M | ||
| Q2 24 | $26.7M | $247.2M | ||
| Q1 24 | $30.2M | $246.9M |
总债务SSPVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益SSPVNET
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.3B | $890.8M | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | $927.8M | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | $902.9M | ||
| Q2 24 | $1.2B | $900.6M | ||
| Q1 24 | $1.2B | $895.1M |
总资产SSPVNET
| Q4 25 | $5.0B | — | ||
| Q3 25 | $5.1B | $6.1B | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.1B | $5.4B | ||
| Q4 24 | $5.2B | — | ||
| Q3 24 | $5.3B | $4.3B | ||
| Q2 24 | $5.3B | $4.0B | ||
| Q1 24 | $5.3B | $3.9B |
负债/权益比SSPVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.98× | — | ||
| 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 | $45.1M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $31.2M | $-193.1M |
| 自由现金流率自由现金流/营收 | 5.6% | -53.2% |
| 资本支出强度资本支出/营收 | 2.5% | 84.6% |
| 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 | $6.5M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流SSPVNET
| Q4 25 | $45.1M | — | ||
| Q3 25 | $21.8M | $113.8M | ||
| Q2 25 | $-10.5M | — | ||
| Q1 25 | $-3.3M | $27.0M | ||
| Q4 24 | $153.3M | — | ||
| Q3 24 | $140.6M | $108.3M | ||
| Q2 24 | $26.4M | $55.8M | ||
| Q1 24 | $45.4M | $37.1M |
自由现金流SSPVNET
| Q4 25 | $31.2M | — | ||
| Q3 25 | $6.4M | $-193.1M | ||
| Q2 25 | $-22.7M | — | ||
| Q1 25 | $-8.4M | $-220.0M | ||
| Q4 24 | $146.9M | — | ||
| Q3 24 | $127.4M | $-95.0M | ||
| Q2 24 | $2.8M | $-81.6M | ||
| Q1 24 | $23.3M | $-102.2M |
自由现金流率SSPVNET
| Q4 25 | 5.6% | — | ||
| Q3 25 | 1.2% | -53.2% | ||
| Q2 25 | -4.2% | — | ||
| Q1 25 | -1.6% | -71.1% | ||
| Q4 24 | 20.2% | — | ||
| Q3 24 | 19.7% | -31.4% | ||
| Q2 24 | 0.5% | -29.8% | ||
| Q1 24 | 4.1% | -38.9% |
资本支出强度SSPVNET
| Q4 25 | 2.5% | — | ||
| Q3 25 | 2.9% | 84.6% | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | 1.0% | 79.8% | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 2.0% | 67.3% | ||
| Q2 24 | 4.1% | 50.1% | ||
| Q1 24 | 3.9% | 53.0% |
现金转化率SSPVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.61× | — | ||
| Q3 24 | 2.94× | — | ||
| Q2 24 | 18.45× | — | ||
| Q1 24 | 27.94× | — |
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
SSP
| Local Media Segment | $355.1M | 63% |
| Scripps Networks | $199.5M | 36% |
| Political Advertising Revenue | $10.0M | 2% |
VNET
暂无分部数据
