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GRUPO TELEVISA, S.A.B.（TV）与US Foods Holding Corp.（USFD）财务数据对比。点击上方公司名可切换其他公司
GRUPO TELEVISA, S.A.B.的季度营收约是US Foods Holding Corp.的1.5倍（$14.5B vs $9.8B），US Foods Holding Corp.净利率更高（1.9% vs -51.8%，领先53.7%）
特莱维萨集团（Grupo Televisa, S.A.B.）是墨西哥的电信与广电企业，也是拉美地区规模最大的西班牙语内容制作商，作为拉美头部传媒集团，在西班牙语内容生产领域拥有领先的行业地位，内容产品覆盖多个国家和地区的受众。
US Foods Holding Corp.是美国第二大食品服务分销商，规模仅次于Sysco。公司服务覆盖独立餐厅、连锁餐饮、医疗保健、酒店、教育机构等共计25万个场点，为各类客户提供食品配送及相关供应链服务，业务覆盖场景十分多元。
TV vs USFD — 直观对比
营收规模更大
TV
是对方的1.5倍
$9.8B
净利率更高
USFD
高出53.7%
-51.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $14.5B | $9.8B |
| 净利润 | $-7.5B | $184.0M |
| 毛利率 | 38.8% | 17.6% |
| 营业利润率 | 10.0% | 3.3% |
| 净利率 | -51.8% | 1.9% |
| 营收同比 | — | 3.3% |
| 净利润同比 | — | 178.8% |
| 每股收益（稀释后） | — | $0.82 |
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TVUSFD
| Q4 25 | $14.5B | $9.8B | ||
| Q3 25 | $14.6B | $10.2B | ||
| Q2 25 | $14.7B | $10.1B | ||
| Q1 25 | — | $9.4B | ||
| Q4 24 | — | $9.5B | ||
| Q3 24 | — | $9.7B | ||
| Q2 24 | — | $9.7B | ||
| Q1 24 | — | $8.9B |
净利润TVUSFD
| Q4 25 | $-7.5B | $184.0M | ||
| Q3 25 | — | $153.0M | ||
| Q2 25 | $552.5M | $224.0M | ||
| Q1 25 | — | $115.0M | ||
| Q4 24 | — | $66.0M | ||
| Q3 24 | — | $148.0M | ||
| Q2 24 | — | $198.0M | ||
| Q1 24 | — | $82.0M |
毛利率TVUSFD
| Q4 25 | 38.8% | 17.6% | ||
| Q3 25 | 36.7% | 17.2% | ||
| Q2 25 | 38.8% | 17.6% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | — | 17.6% | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 17.6% | ||
| Q1 24 | — | 16.7% |
营业利润率TVUSFD
| Q4 25 | 10.0% | 3.3% | ||
| Q3 25 | 6.3% | 2.8% | ||
| Q2 25 | 6.5% | 3.7% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 3.6% | ||
| Q1 24 | — | 1.8% |
净利率TVUSFD
| Q4 25 | -51.8% | 1.9% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | 3.8% | 2.2% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 0.9% |
每股收益（稀释后）TVUSFD
| Q4 25 | — | $0.82 | ||
| Q3 25 | — | $0.67 | ||
| Q2 25 | — | $0.96 | ||
| Q1 25 | — | $0.49 | ||
| Q4 24 | — | $0.28 | ||
| Q3 24 | — | $0.61 | ||
| Q2 24 | — | $0.80 | ||
| Q1 24 | — | $0.33 |
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 | — | $41.0M |
| 总债务越低越好 | — | $5.1B |
| 股东权益账面价值 | — | $4.3B |
| 总资产 | — | $13.9B |
| 负债/权益比越低杠杆越低 | — | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资TVUSFD
| Q4 25 | — | $41.0M | ||
| Q3 25 | — | $56.0M | ||
| Q2 25 | — | $61.0M | ||
| Q1 25 | — | $101.0M | ||
| Q4 24 | — | $59.0M | ||
| Q3 24 | — | $81.0M | ||
| Q2 24 | — | $405.0M | ||
| Q1 24 | — | $267.0M |
总债务TVUSFD
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $4.7B | ||
| Q2 24 | — | $4.6B | ||
| Q1 24 | — | $4.6B |
股东权益TVUSFD
| Q4 25 | — | $4.3B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $4.6B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $5.0B | ||
| Q1 24 | — | $4.8B |
总资产TVUSFD
| Q4 25 | — | $13.9B | ||
| Q3 25 | — | $14.0B | ||
| Q2 25 | — | $13.8B | ||
| Q1 25 | — | $13.7B | ||
| Q4 24 | — | $13.4B | ||
| Q3 24 | — | $13.5B | ||
| Q2 24 | — | $13.7B | ||
| Q1 24 | — | $13.4B |
负债/权益比TVUSFD
| Q4 25 | — | 1.18× | ||
| Q3 25 | — | 1.08× | ||
| Q2 25 | — | 1.02× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | — | 1.06× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 0.92× | ||
| Q1 24 | — | 0.95× |
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 | — | $293.0M |
| 自由现金流经营现金流 - 资本支出 | — | $159.0M |
| 自由现金流率自由现金流/营收 | — | 1.6% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 现金转化率经营现金流/净利润 | — | 1.59× |
| 过去12个月自由现金流最近4个季度 | — | $959.0M |
8季度趋势，按日历期对齐
经营现金流TVUSFD
| Q4 25 | — | $293.0M | ||
| Q3 25 | — | $351.0M | ||
| Q2 25 | — | $334.0M | ||
| Q1 25 | — | $391.0M | ||
| Q4 24 | — | $283.0M | ||
| Q3 24 | — | $270.0M | ||
| Q2 24 | — | $482.0M | ||
| Q1 24 | — | $139.0M |
自由现金流TVUSFD
| Q4 25 | — | $159.0M | ||
| Q3 25 | — | $236.0M | ||
| Q2 25 | — | $257.0M | ||
| Q1 25 | — | $307.0M | ||
| Q4 24 | — | $178.0M | ||
| Q3 24 | — | $190.0M | ||
| Q2 24 | — | $413.0M | ||
| Q1 24 | — | $52.0M |
自由现金流率TVUSFD
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 4.3% | ||
| Q1 24 | — | 0.6% |
资本支出强度TVUSFD
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 1.0% |
现金转化率TVUSFD
| Q4 25 | — | 1.59× | ||
| Q3 25 | — | 2.29× | ||
| Q2 25 | — | 1.49× | ||
| Q1 25 | — | 3.40× | ||
| Q4 24 | — | 4.29× | ||
| Q3 24 | — | 1.82× | ||
| Q2 24 | — | 2.43× | ||
| Q1 24 | — | 1.70× |
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
TV
暂无分部数据
USFD
| Product One | $3.5B | 36% |
| Product Two | $1.7B | 17% |
| Product Three | $1.7B | 17% |
| Product Four | $985.0M | 10% |
| Product Five | $901.0M | 9% |
| Product Six | $580.0M | 6% |
| Product Seven | $485.0M | 5% |
