vs
Townsquare Media, Inc.（TSQ）与URBAN ONE, INC.（UONE）财务数据对比。点击上方公司名可切换其他公司
Townsquare Media, Inc.的季度营收约是URBAN ONE, INC.的1.1倍（$106.5M vs $97.8M）。Townsquare Media, Inc.净利率更高（-4.9% vs -55.6%，领先50.7%）。Townsquare Media, Inc.同比增速更快（-9.6% vs -16.5%）。Townsquare Media, Inc.自由现金流更多（$9.2M vs $-7.2M）。过去两年Townsquare Media, Inc.的营收复合增速更高（3.4% vs -3.2%）
Townsquare Media是总部位于美国纽约州帕切斯的广播电台网络与传媒企业，该公司起步于广播业务，在2000年代末通过收购MOG音乐网络，逐步拓展数字媒体业务。截至2024年6月，Townsquare Media是美国第三大调幅调频广播运营商，在全国74个市场共拥有349家电台。
Urban One是一家总部位于美国马里兰州银泉市的传媒集团，由凯西·休斯于1980年创立。公司主打面向非裔美国人群体的传媒业务，是美国该细分领域颇具影响力的传媒企业。
TSQ vs UONE — 直观对比
营收规模更大
TSQ
是对方的1.1倍
$97.8M
营收增速更快
TSQ
高出6.9%
-16.5%
净利率更高
TSQ
高出50.7%
-55.6%
自由现金流更多
TSQ
多$16.4M
$-7.2M
两年增速更快
TSQ
近两年复合增速
-3.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $106.5M | $97.8M |
| 净利润 | $-5.2M | $-54.4M |
| 毛利率 | 24.1% | — |
| 营业利润率 | 9.5% | -55.2% |
| 净利率 | -4.9% | -55.6% |
| 营收同比 | -9.6% | -16.5% |
| 净利润同比 | -121.2% | -52.5% |
| 每股收益（稀释后） | — | $-30.88 |
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TSQUONE
| Q4 25 | $106.5M | $97.8M | ||
| Q3 25 | $106.8M | $92.7M | ||
| Q2 25 | $115.4M | $91.6M | ||
| Q1 25 | $98.7M | $92.2M | ||
| Q4 24 | $117.8M | $117.1M | ||
| Q3 24 | $115.3M | $110.4M | ||
| Q2 24 | $118.2M | $117.7M | ||
| Q1 24 | $99.6M | $104.4M |
净利润TSQUONE
| Q4 25 | $-5.2M | $-54.4M | ||
| Q3 25 | $-5.9M | $-2.8M | ||
| Q2 25 | $1.6M | $-77.9M | ||
| Q1 25 | $-2.0M | $-11.7M | ||
| Q4 24 | $24.6M | $-35.7M | ||
| Q3 24 | $10.8M | $-31.8M | ||
| Q2 24 | $-49.2M | $-45.4M | ||
| Q1 24 | $1.1M | $7.5M |
毛利率TSQUONE
| Q4 25 | 24.1% | — | ||
| Q3 25 | 26.2% | — | ||
| Q2 25 | 28.3% | — | ||
| Q1 25 | 23.2% | — | ||
| Q4 24 | 31.6% | — | ||
| Q3 24 | 27.3% | — | ||
| Q2 24 | 27.7% | — | ||
| Q1 24 | 22.8% | — |
营业利润率TSQUONE
| Q4 25 | 9.5% | -55.2% | ||
| Q3 25 | 5.6% | 2.7% | ||
| Q2 25 | 18.2% | -131.7% | ||
| Q1 25 | 7.2% | 2.3% | ||
| Q4 24 | 18.1% | -1.6% | ||
| Q3 24 | 13.1% | -23.7% | ||
| Q2 24 | -18.1% | -51.3% | ||
| Q1 24 | 6.7% | 12.3% |
净利率TSQUONE
| Q4 25 | -4.9% | -55.6% | ||
| Q3 25 | -5.5% | -3.1% | ||
| Q2 25 | 1.4% | -85.0% | ||
| Q1 25 | -2.0% | -12.7% | ||
| Q4 24 | 20.8% | -30.4% | ||
| Q3 24 | 9.4% | -28.8% | ||
| Q2 24 | -41.7% | -38.6% | ||
| Q1 24 | 1.1% | 7.2% |
每股收益（稀释后）TSQUONE
| Q4 25 | — | $-30.88 | ||
| Q3 25 | $-0.36 | $-0.06 | ||
| Q2 25 | $0.09 | $-1.74 | ||
| Q1 25 | $-0.12 | $-0.26 | ||
| Q4 24 | $1.76 | $-20.76 | ||
| Q3 24 | $0.63 | $-0.68 | ||
| Q2 24 | $-3.26 | $-0.94 | ||
| Q1 24 | $0.06 | $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 | $4.8M | $25.5M |
| 总债务越低越好 | $433.0M | $429.7M |
| 股东权益账面价值 | $-41.0M | $24.6M |
| 总资产 | $528.6M | $593.0M |
| 负债/权益比越低杠杆越低 | — | 17.47× |
8季度趋势，按日历期对齐
现金及短期投资TSQUONE
| Q4 25 | $4.8M | $25.5M | ||
| Q3 25 | $3.2M | $79.3M | ||
| Q2 25 | $3.2M | $85.7M | ||
| Q1 25 | $5.5M | $115.1M | ||
| Q4 24 | $33.0M | $137.1M | ||
| Q3 24 | $21.8M | $115.0M | ||
| Q2 24 | $28.5M | $131.9M | ||
| Q1 24 | $56.6M | $155.3M |
总债务TSQUONE
| Q4 25 | $433.0M | $429.7M | ||
| Q3 25 | $437.6M | $484.3M | ||
| Q2 25 | $439.7M | $488.4M | ||
| Q1 25 | $448.4M | $551.5M | ||
| Q4 24 | $465.8M | $579.1M | ||
| Q3 24 | $476.7M | $593.9M | ||
| Q2 24 | $487.1M | $607.9M | ||
| Q1 24 | $500.1M | $650.0M |
股东权益TSQUONE
| Q4 25 | $-41.0M | $24.6M | ||
| Q3 25 | $-34.0M | $78.8M | ||
| Q2 25 | $-27.1M | $82.2M | ||
| Q1 25 | $-26.8M | $159.2M | ||
| Q4 24 | $-28.4M | $170.9M | ||
| Q3 24 | $-52.5M | $204.8M | ||
| Q2 24 | $-64.1M | $239.4M | ||
| Q1 24 | $1.8M | $285.2M |
总资产TSQUONE
| Q4 25 | $528.6M | $593.0M | ||
| Q3 25 | $539.2M | $723.5M | ||
| Q2 25 | $545.7M | $729.2M | ||
| Q1 25 | $544.5M | $890.6M | ||
| Q4 24 | $580.4M | $944.8M | ||
| Q3 24 | $565.4M | $962.6M | ||
| Q2 24 | $579.6M | $1.0B | ||
| Q1 24 | $636.7M | $1.1B |
负债/权益比TSQUONE
| Q4 25 | — | 17.47× | ||
| Q3 25 | — | 6.14× | ||
| Q2 25 | — | 5.94× | ||
| Q1 25 | — | 3.46× | ||
| Q4 24 | — | 3.39× | ||
| Q3 24 | — | 2.90× | ||
| Q2 24 | — | 2.54× | ||
| Q1 24 | 271.80× | 2.28× |
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 | $12.6M | $-4.0M |
| 自由现金流经营现金流 - 资本支出 | $9.2M | $-7.2M |
| 自由现金流率自由现金流/营收 | 8.6% | -7.3% |
| 资本支出强度资本支出/营收 | 3.2% | 3.3% |
| 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 | $15.4M | $-5.9M |
8季度趋势，按日历期对齐
经营现金流TSQUONE
| Q4 25 | $12.6M | $-4.0M | ||
| Q3 25 | $7.9M | $-161.0K | ||
| Q2 25 | $10.2M | $6.2M | ||
| Q1 25 | $-66.0K | $2.1M | ||
| Q4 24 | $28.2M | $35.6M | ||
| Q3 24 | $9.9M | $-1.8M | ||
| Q2 24 | $9.0M | $6.2M | ||
| Q1 24 | $1.7M | $-2.5M |
自由现金流TSQUONE
| Q4 25 | $9.2M | $-7.2M | ||
| Q3 25 | $4.3M | $-3.3M | ||
| Q2 25 | $6.4M | $5.0M | ||
| Q1 25 | $-4.5M | $-462.0K | ||
| Q4 24 | $24.5M | $34.1M | ||
| Q3 24 | $4.8M | $-3.5M | ||
| Q2 24 | $4.8M | $3.9M | ||
| Q1 24 | $-2.8M | $-4.3M |
自由现金流率TSQUONE
| Q4 25 | 8.6% | -7.3% | ||
| Q3 25 | 4.1% | -3.5% | ||
| Q2 25 | 5.5% | 5.4% | ||
| Q1 25 | -4.6% | -0.5% | ||
| Q4 24 | 20.8% | 29.1% | ||
| Q3 24 | 4.1% | -3.1% | ||
| Q2 24 | 4.0% | 3.3% | ||
| Q1 24 | -2.8% | -4.1% |
资本支出强度TSQUONE
| Q4 25 | 3.2% | 3.3% | ||
| Q3 25 | 3.3% | 3.3% | ||
| Q2 25 | 3.3% | 1.3% | ||
| Q1 25 | 4.5% | 2.8% | ||
| Q4 24 | 3.1% | 1.3% | ||
| Q3 24 | 4.4% | 1.5% | ||
| Q2 24 | 3.6% | 1.9% | ||
| Q1 24 | 4.4% | 1.7% |
现金转化率TSQUONE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 6.51× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.47× | -0.33× |
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
TSQ
| Broadcast Advertising Segment | $46.4M | 44% |
| Digital Advertising Segment | $41.7M | 39% |
| Subscription Digital Marketing Solutions Segment | $18.4M | 17% |
UONE
| Radio Advertising | $31.7M | 32% |
| Cable Television Advertising | $18.3M | 19% |
| Cable Television Affiliate Fees | $16.5M | 17% |
| Digital Advertising | $14.7M | 15% |
| Reach Media Segment | $13.8M | 14% |
| Event Revenues And Other | $2.6M | 3% |
