vs
Stagwell Inc（STGW）与TKO Group Holdings（TKO）财务数据对比。点击上方公司名可切换其他公司
TKO Group Holdings的季度营收约是Stagwell Inc的1.3倍（$1.0B vs $807.4M），Stagwell Inc净利率更高（1.6% vs -0.2%，领先1.8%），TKO Group Holdings同比增速更快（61.6% vs 2.4%），过去两年TKO Group Holdings的营收复合增速更高（28.4% vs 9.8%）
Stagwell Inc是一家全球营销传播集团，由马克·佩恩于2015年创立，前身为Stagwell Group。2020年集团宣布计划与关联企业MDC Partners合并，该合并交易于2021年8月正式完成，目前业务覆盖全球多个市场，为客户提供整合营销、品牌传播等专业服务。
TKO Group Holdings是美国体育及体育娱乐上市企业，成立于2023年9月12日，由奋进集团（Endeavor）子公司、终极格斗冠军赛（UFC）母公司Zuffa与职业摔跤品牌世界摔角娱乐（WWE）合并组建，主营综合格斗、职业摔跤赛事运营及相关娱乐内容业务。
STGW vs TKO — 直观对比
营收规模更大
TKO
是对方的1.3倍
$807.4M
营收增速更快
TKO
高出59.3%
2.4%
净利率更高
STGW
高出1.8%
-0.2%
两年增速更快
TKO
近两年复合增速
9.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $807.4M | $1.0B |
| 净利润 | $12.7M | $-2.4M |
| 毛利率 | 37.6% | — |
| 营业利润率 | 7.0% | 5.5% |
| 净利率 | 1.6% | -0.2% |
| 营收同比 | 2.4% | 61.6% |
| 净利润同比 | 291.3% | -107.7% |
| 每股收益（稀释后） | — | $-0.07 |
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STGWTKO
| Q4 25 | $807.4M | $1.0B | ||
| Q3 25 | $743.0M | $1.1B | ||
| Q2 25 | $706.8M | $1.3B | ||
| Q1 25 | $651.7M | $1.3B | ||
| Q4 24 | $788.7M | $642.2M | ||
| Q3 24 | $711.3M | $681.3M | ||
| Q2 24 | $671.2M | $851.2M | ||
| Q1 24 | $670.1M | $629.7M |
净利润STGWTKO
| Q4 25 | $12.7M | $-2.4M | ||
| Q3 25 | $24.6M | $41.0M | ||
| Q2 25 | $-5.3M | $98.4M | ||
| Q1 25 | $-2.9M | $58.4M | ||
| Q4 24 | $3.2M | $31.0M | ||
| Q3 24 | $3.3M | $23.1M | ||
| Q2 24 | $-3.0M | $59.1M | ||
| Q1 24 | $-1.3M | $-103.8M |
毛利率STGWTKO
| Q4 25 | 37.6% | — | ||
| Q3 25 | 36.6% | — | ||
| Q2 25 | 35.0% | — | ||
| Q1 25 | 36.8% | — | ||
| Q4 24 | 36.3% | — | ||
| Q3 24 | 35.7% | — | ||
| Q2 24 | 34.6% | — | ||
| Q1 24 | 33.7% | — |
营业利润率STGWTKO
| Q4 25 | 7.0% | 5.5% | ||
| Q3 25 | 8.2% | 15.4% | ||
| Q2 25 | 3.3% | 28.1% | ||
| Q1 25 | 2.8% | 18.7% | ||
| Q4 24 | 5.5% | 15.9% | ||
| Q3 24 | 5.9% | 20.0% | ||
| Q2 24 | 3.3% | 30.0% | ||
| Q1 24 | 3.9% | -33.4% |
净利率STGWTKO
| Q4 25 | 1.6% | -0.2% | ||
| Q3 25 | 3.3% | 3.7% | ||
| Q2 25 | -0.7% | 7.5% | ||
| Q1 25 | -0.4% | 4.6% | ||
| Q4 24 | 0.4% | 4.8% | ||
| Q3 24 | 0.5% | 3.4% | ||
| Q2 24 | -0.4% | 6.9% | ||
| Q1 24 | -0.2% | -16.5% |
每股收益（稀释后）STGWTKO
| Q4 25 | — | $-0.07 | ||
| Q3 25 | — | $0.47 | ||
| Q2 25 | — | $1.17 | ||
| Q1 25 | — | $0.69 | ||
| Q4 24 | — | $0.28 | ||
| Q3 24 | — | $0.28 | ||
| Q2 24 | — | $0.72 | ||
| Q1 24 | — | $-1.26 |
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 | $104.5M | $831.1M |
| 总债务越低越好 | $1.3B | $3.8B |
| 股东权益账面价值 | $758.4M | $3.7B |
| 总资产 | $4.2B | $15.5B |
| 负债/权益比越低杠杆越低 | 1.75× | 1.01× |
8季度趋势，按日历期对齐
现金及短期投资STGWTKO
| Q4 25 | $104.5M | $831.1M | ||
| Q3 25 | $132.2M | $861.4M | ||
| Q2 25 | $181.3M | $535.1M | ||
| Q1 25 | $137.7M | $470.9M | ||
| Q4 24 | $131.3M | $525.6M | ||
| Q3 24 | $145.8M | $457.4M | ||
| Q2 24 | $136.1M | $277.5M | ||
| Q1 24 | $129.8M | $245.8M |
总债务STGWTKO
| Q4 25 | $1.3B | $3.8B | ||
| Q3 25 | $1.5B | $3.7B | ||
| Q2 25 | $1.5B | $2.7B | ||
| Q1 25 | $1.5B | $2.8B | ||
| Q4 24 | $1.4B | $2.8B | ||
| Q3 24 | $1.5B | $2.7B | ||
| Q2 24 | $1.4B | $2.7B | ||
| Q1 24 | $1.3B | $2.7B |
股东权益STGWTKO
| Q4 25 | $758.4M | $3.7B | ||
| Q3 25 | $749.0M | $3.8B | ||
| Q2 25 | $750.1M | $4.3B | ||
| Q1 25 | $334.4M | $4.2B | ||
| Q4 24 | $331.7M | $4.1B | ||
| Q3 24 | $286.4M | $4.0B | ||
| Q2 24 | $291.6M | $4.0B | ||
| Q1 24 | $337.7M | $4.0B |
总资产STGWTKO
| Q4 25 | $4.2B | $15.5B | ||
| Q3 25 | $4.3B | $15.5B | ||
| Q2 25 | $4.3B | $15.3B | ||
| Q1 25 | $4.0B | $15.0B | ||
| Q4 24 | $3.9B | $12.7B | ||
| Q3 24 | $3.8B | $12.8B | ||
| Q2 24 | $3.8B | $12.7B | ||
| Q1 24 | $3.8B | $12.7B |
负债/权益比STGWTKO
| Q4 25 | 1.75× | 1.01× | ||
| Q3 25 | 2.04× | 0.98× | ||
| Q2 25 | 1.95× | 0.64× | ||
| Q1 25 | 4.38× | 0.66× | ||
| Q4 24 | 4.08× | 0.67× | ||
| Q3 24 | 5.11× | 0.67× | ||
| Q2 24 | 4.88× | 0.68× | ||
| Q1 24 | 3.76× | 0.68× |
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 | $260.3M | $309.9M |
| 自由现金流经营现金流 - 资本支出 | $242.9M | — |
| 自由现金流率自由现金流/营收 | 30.1% | — |
| 资本支出强度资本支出/营收 | 2.2% | — |
| 现金转化率经营现金流/净利润 | 20.56× | — |
| 过去12个月自由现金流最近4个季度 | $247.3M | — |
8季度趋势，按日历期对齐
经营现金流STGWTKO
| Q4 25 | $260.3M | $309.9M | ||
| Q3 25 | $-24.0M | $416.8M | ||
| Q2 25 | $114.8M | $396.2M | ||
| Q1 25 | $-60.0M | $162.8M | ||
| Q4 24 | $212.1M | $56.8M | ||
| Q3 24 | $-1.6M | $236.5M | ||
| Q2 24 | $-14.5M | $230.7M | ||
| Q1 24 | $-53.1M | $59.3M |
自由现金流STGWTKO
| Q4 25 | $242.9M | — | ||
| Q3 25 | $-38.8M | — | ||
| Q2 25 | $107.1M | — | ||
| Q1 25 | $-63.9M | — | ||
| Q4 24 | $209.9M | — | ||
| Q3 24 | $-4.3M | — | ||
| Q2 24 | $-23.0M | — | ||
| Q1 24 | $-58.6M | — |
自由现金流率STGWTKO
| Q4 25 | 30.1% | — | ||
| Q3 25 | -5.2% | — | ||
| Q2 25 | 15.1% | — | ||
| Q1 25 | -9.8% | — | ||
| Q4 24 | 26.6% | — | ||
| Q3 24 | -0.6% | — | ||
| Q2 24 | -3.4% | — | ||
| Q1 24 | -8.7% | — |
资本支出强度STGWTKO
| Q4 25 | 2.2% | — | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | 0.8% | — |
现金转化率STGWTKO
| Q4 25 | 20.56× | — | ||
| Q3 25 | -0.98× | 10.16× | ||
| Q2 25 | — | 4.03× | ||
| Q1 25 | — | 2.79× | ||
| Q4 24 | 65.56× | 1.83× | ||
| Q3 24 | -0.49× | 10.22× | ||
| Q2 24 | — | 3.90× | ||
| 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
STGW
暂无分部数据
TKO
| World Wrestling Entertainment Segment | $359.6M | 35% |
| IMG Segment | $247.6M | 24% |
| Media Rights Production And Content | $222.6M | 21% |
| Partnerships And Marketing | $93.3M | 9% |
| Live Events And Hospitality | $72.2M | 7% |
| Other | $29.4M | 3% |
| Consumer Products Licensing And Other | $13.2M | 1% |
