vs
null（SWIM）与Wheels Up Experience Inc.（UP）财务数据对比。点击上方公司名可切换其他公司
Wheels Up Experience Inc.的季度营收约是null的1.8倍（$183.8M vs $100.0M），null净利率更高（-7.0% vs -15.7%，领先8.7%），null同比增速更快（14.5% vs -10.2%），null自由现金流更多（$14.1M vs $-58.3M），过去两年Wheels Up Experience Inc.的营收复合增速更高（-3.4% vs -4.9%）
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
Wheels Up是美国领先的按需私人航空服务提供商，也是全球规模最大的私人航空企业之一。公司由肯尼·迪希特创立于2013年，采用会员制按需服务的商业模式，会员可通过移动应用程序，从公司自有机队及第三方运营商处预订私人飞机出行。
SWIM vs UP — 直观对比
营收规模更大
UP
是对方的1.8倍
$100.0M
营收增速更快
SWIM
高出24.8%
-10.2%
净利率更高
SWIM
高出8.7%
-15.7%
自由现金流更多
SWIM
多$72.3M
$-58.3M
两年增速更快
UP
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $100.0M | $183.8M |
| 净利润 | $-7.0M | $-28.9M |
| 毛利率 | 28.0% | 14.3% |
| 营业利润率 | -10.7% | -0.9% |
| 净利率 | -7.0% | -15.7% |
| 营收同比 | 14.5% | -10.2% |
| 净利润同比 | 76.0% | 67.0% |
| 每股收益（稀释后） | $-0.06 | $-0.04 |
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SWIMUP
| Q4 25 | $100.0M | $183.8M | ||
| Q3 25 | $161.9M | $185.5M | ||
| Q2 25 | $172.6M | $189.6M | ||
| Q1 25 | $111.4M | $177.5M | ||
| Q4 24 | $87.3M | $204.8M | ||
| Q3 24 | $150.5M | $193.9M | ||
| Q2 24 | $160.1M | $196.3M | ||
| Q1 24 | $110.6M | $197.1M |
净利润SWIMUP
| Q4 25 | $-7.0M | $-28.9M | ||
| Q3 25 | $8.1M | $-83.7M | ||
| Q2 25 | $16.0M | $-82.3M | ||
| Q1 25 | $-6.0M | $-99.3M | ||
| Q4 24 | $-29.2M | $-87.5M | ||
| Q3 24 | $5.9M | $-57.7M | ||
| Q2 24 | $13.3M | $-97.0M | ||
| Q1 24 | $-7.9M | $-97.4M |
毛利率SWIMUP
| Q4 25 | 28.0% | 14.3% | ||
| Q3 25 | 35.4% | 6.8% | ||
| Q2 25 | 37.1% | 8.3% | ||
| Q1 25 | 29.5% | 10.8% | ||
| Q4 24 | 24.6% | 13.9% | ||
| Q3 24 | 32.4% | 13.9% | ||
| Q2 24 | 33.1% | 2.3% | ||
| Q1 24 | 27.7% | -0.6% |
营业利润率SWIMUP
| Q4 25 | -10.7% | -0.9% | ||
| Q3 25 | 13.3% | -33.1% | ||
| Q2 25 | 14.3% | -31.4% | ||
| Q1 25 | -4.4% | -45.5% | ||
| Q4 24 | -14.9% | -26.0% | ||
| Q3 24 | 8.9% | -21.6% | ||
| Q2 24 | 12.5% | -40.3% | ||
| Q1 24 | -1.9% | -42.9% |
净利率SWIMUP
| Q4 25 | -7.0% | -15.7% | ||
| Q3 25 | 5.0% | -45.1% | ||
| Q2 25 | 9.3% | -43.4% | ||
| Q1 25 | -5.4% | -55.9% | ||
| Q4 24 | -33.4% | -42.7% | ||
| Q3 24 | 3.9% | -29.8% | ||
| Q2 24 | 8.3% | -49.4% | ||
| Q1 24 | -7.1% | -49.4% |
每股收益（稀释后）SWIMUP
| Q4 25 | $-0.06 | $-0.04 | ||
| Q3 25 | $0.07 | $-0.12 | ||
| Q2 25 | $0.13 | $-0.12 | ||
| Q1 25 | $-0.05 | $-0.14 | ||
| Q4 24 | $-0.24 | $-0.13 | ||
| Q3 24 | $0.05 | $-0.08 | ||
| Q2 24 | $0.11 | $-0.14 | ||
| Q1 24 | $-0.07 | $-0.14 |
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 | — | $133.9M |
| 总债务越低越好 | $279.8M | $671.3M |
| 股东权益账面价值 | $405.9M | $-392.1M |
| 总资产 | $823.2M | $968.8M |
| 负债/权益比越低杠杆越低 | 0.69× | — |
8季度趋势，按日历期对齐
现金及短期投资SWIMUP
| Q4 25 | — | $133.9M | ||
| Q3 25 | — | $125.3M | ||
| Q2 25 | — | $107.0M | ||
| Q1 25 | — | $171.8M | ||
| Q4 24 | — | $216.4M | ||
| Q3 24 | — | $115.9M | ||
| Q2 24 | — | $141.5M | ||
| Q1 24 | — | $180.9M |
总债务SWIMUP
| Q4 25 | $279.8M | $671.3M | ||
| Q3 25 | $281.1M | $766.5M | ||
| Q2 25 | $281.5M | $770.5M | ||
| Q1 25 | $306.9M | $765.8M | ||
| Q4 24 | $281.5M | $761.3M | ||
| Q3 24 | $282.8M | $596.9M | ||
| Q2 24 | $282.4M | $597.4M | ||
| Q1 24 | $282.8M | $603.2M |
股东权益SWIMUP
| Q4 25 | $405.9M | $-392.1M | ||
| Q3 25 | $408.4M | $-374.5M | ||
| Q2 25 | $398.4M | $-347.8M | ||
| Q1 25 | $381.1M | $-288.1M | ||
| Q4 24 | $387.2M | $-202.1M | ||
| Q3 24 | $416.6M | $-117.7M | ||
| Q2 24 | $408.1M | $-72.2M | ||
| Q1 24 | $391.8M | $936.0K |
总资产SWIMUP
| Q4 25 | $823.2M | $968.8M | ||
| Q3 25 | $844.4M | $973.0M | ||
| Q2 25 | $822.1M | $1.0B | ||
| Q1 25 | $824.6M | $1.1B | ||
| Q4 24 | $794.2M | $1.2B | ||
| Q3 24 | $853.4M | $1.0B | ||
| Q2 24 | $830.0M | $1.1B | ||
| Q1 24 | $808.6M | $1.2B |
负债/权益比SWIMUP
| Q4 25 | 0.69× | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.81× | — | ||
| Q4 24 | 0.73× | — | ||
| Q3 24 | 0.68× | — | ||
| Q2 24 | 0.69× | — | ||
| Q1 24 | 0.72× | 644.43× |
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 | $23.3M | $-18.4M |
| 自由现金流经营现金流 - 资本支出 | $14.1M | $-58.3M |
| 自由现金流率自由现金流/营收 | 14.1% | -31.7% |
| 资本支出强度资本支出/营收 | 9.2% | 21.7% |
| 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 | $38.0M | $-259.9M |
8季度趋势，按日历期对齐
经营现金流SWIMUP
| Q4 25 | $23.3M | $-18.4M | ||
| Q3 25 | $51.0M | $-37.1M | ||
| Q2 25 | $36.0M | $-62.9M | ||
| Q1 25 | $-46.9M | $-47.9M | ||
| Q4 24 | $6.2M | $37.9M | ||
| Q3 24 | $37.2M | $-16.9M | ||
| Q2 24 | $52.4M | $-25.2M | ||
| Q1 24 | $-34.5M | $-73.8M |
自由现金流SWIMUP
| Q4 25 | $14.1M | $-58.3M | ||
| Q3 25 | $45.2M | $-60.4M | ||
| Q2 25 | $29.1M | $-78.6M | ||
| Q1 25 | $-50.3M | $-62.6M | ||
| Q4 24 | $-98.0K | $-70.2M | ||
| Q3 24 | $33.2M | $-21.9M | ||
| Q2 24 | $47.9M | $-30.8M | ||
| Q1 24 | $-39.9M | $-77.8M |
自由现金流率SWIMUP
| Q4 25 | 14.1% | -31.7% | ||
| Q3 25 | 27.9% | -32.6% | ||
| Q2 25 | 16.8% | -41.5% | ||
| Q1 25 | -45.2% | -35.3% | ||
| Q4 24 | -0.1% | -34.3% | ||
| Q3 24 | 22.1% | -11.3% | ||
| Q2 24 | 29.9% | -15.7% | ||
| Q1 24 | -36.0% | -39.5% |
资本支出强度SWIMUP
| Q4 25 | 9.2% | 21.7% | ||
| Q3 25 | 3.6% | 12.5% | ||
| Q2 25 | 4.0% | 8.3% | ||
| Q1 25 | 3.1% | 8.3% | ||
| Q4 24 | 7.2% | 52.8% | ||
| Q3 24 | 2.7% | 2.6% | ||
| Q2 24 | 2.8% | 2.9% | ||
| Q1 24 | 4.8% | 2.0% |
现金转化率SWIMUP
| Q4 25 | — | — | ||
| Q3 25 | 6.29× | — | ||
| Q2 25 | 2.25× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.32× | — | ||
| Q2 24 | 3.95× | — | ||
| 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
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
UP
暂无分部数据
