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Artisan Partners Asset Management Inc.（APAM）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是Artisan Partners Asset Management Inc.的1.9倍（$650.1M vs $335.5M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs -14.2%，领先49.4%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $-109.3M）
阿蒂森伙伴资产管理公司（Artisan Partners）是总部位于美国威斯康星州密尔沃基的资产管理机构，除美国本土外，还在都柏林、香港、伦敦、新加坡、悉尼设有办公室，为全球客户提供专业的资产管理服务。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
APAM vs FUN — 直观对比
营收规模更大
FUN
是对方的1.9倍
$335.5M
净利率更高
APAM
高出49.4%
-14.2%
自由现金流更多
APAM
多$280.9M
$-109.3M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $650.1M |
| 净利润 | $118.1M | $-92.4M |
| 毛利率 | — | 91.4% |
| 营业利润率 | 39.2% | -3.8% |
| 净利率 | 35.2% | -14.2% |
| 营收同比 | 12.9% | — |
| 净利润同比 | 34.9% | — |
| 每股收益（稀释后） | $1.36 | $-0.93 |
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APAMFUN
| Q4 25 | $335.5M | $650.1M | ||
| Q3 25 | $301.3M | $1.3B | ||
| Q2 25 | $282.7M | $930.4M | ||
| Q1 25 | $277.1M | $202.1M | ||
| Q4 24 | $297.1M | — | ||
| Q3 24 | $279.6M | $1.3B | ||
| Q2 24 | $270.8M | $571.6M | ||
| Q1 24 | $264.4M | — |
净利润APAMFUN
| Q4 25 | $118.1M | $-92.4M | ||
| Q3 25 | $66.8M | $-1.2B | ||
| Q2 25 | $67.6M | $-99.6M | ||
| Q1 25 | $61.1M | $-219.7M | ||
| Q4 24 | $87.5M | — | ||
| Q3 24 | $73.0M | $111.0M | ||
| Q2 24 | $57.6M | $55.6M | ||
| Q1 24 | $59.5M | — |
毛利率APAMFUN
| Q4 25 | — | 91.4% | ||
| Q3 25 | — | 91.6% | ||
| Q2 25 | — | 91.3% | ||
| Q1 25 | — | 89.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 91.9% | ||
| Q2 24 | — | 90.7% | ||
| Q1 24 | — | — |
营业利润率APAMFUN
| Q4 25 | 39.2% | -3.8% | ||
| Q3 25 | 33.8% | -83.7% | ||
| Q2 25 | 28.2% | 8.0% | ||
| Q1 25 | 31.2% | -158.9% | ||
| Q4 24 | 36.7% | — | ||
| Q3 24 | 33.3% | 19.5% | ||
| Q2 24 | 32.0% | 21.6% | ||
| Q1 24 | 29.4% | — |
净利率APAMFUN
| Q4 25 | 35.2% | -14.2% | ||
| Q3 25 | 22.2% | -90.1% | ||
| Q2 25 | 23.9% | -10.7% | ||
| Q1 25 | 22.1% | -108.7% | ||
| Q4 24 | 29.5% | — | ||
| Q3 24 | 26.1% | 8.2% | ||
| Q2 24 | 21.3% | 9.7% | ||
| Q1 24 | 22.5% | — |
每股收益（稀释后）APAMFUN
| Q4 25 | $1.36 | $-0.93 | ||
| Q3 25 | $0.93 | $-11.77 | ||
| Q2 25 | $0.94 | $-0.99 | ||
| Q1 25 | $0.82 | $-2.20 | ||
| Q4 24 | $0.99 | — | ||
| Q3 24 | $1.03 | $1.10 | ||
| Q2 24 | $0.80 | — | ||
| Q1 24 | $0.84 | — |
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 | — | $91.1M |
| 总债务越低越好 | $190.0M | $5.2B |
| 股东权益账面价值 | $438.8M | $549.8M |
| 总资产 | $1.6B | $7.8B |
| 负债/权益比越低杠杆越低 | 0.43× | 9.40× |
8季度趋势，按日历期对齐
现金及短期投资APAMFUN
| Q4 25 | — | $91.1M | ||
| Q3 25 | — | $70.7M | ||
| Q2 25 | — | $107.4M | ||
| Q1 25 | — | $61.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $89.7M | ||
| Q2 24 | — | $52.9M | ||
| Q1 24 | — | — |
总债务APAMFUN
| Q4 25 | $190.0M | $5.2B | ||
| Q3 25 | $190.0M | $5.0B | ||
| Q2 25 | $200.0M | $5.3B | ||
| Q1 25 | $200.0M | $5.0B | ||
| Q4 24 | $200.0M | — | ||
| Q3 24 | $200.0M | $4.6B | ||
| Q2 24 | $200.0M | $2.3B | ||
| Q1 24 | $200.0M | — |
股东权益APAMFUN
| Q4 25 | $438.8M | $549.8M | ||
| Q3 25 | $402.1M | $614.3M | ||
| Q2 25 | $381.8M | $1.8B | ||
| Q1 25 | $356.5M | $1.8B | ||
| Q4 24 | $388.9M | — | ||
| Q3 24 | $372.1M | $2.3B | ||
| Q2 24 | $341.2M | — | ||
| Q1 24 | $320.3M | — |
总资产APAMFUN
| Q4 25 | $1.6B | $7.8B | ||
| Q3 25 | $1.6B | $7.9B | ||
| Q2 25 | $1.4B | $9.5B | ||
| Q1 25 | $1.4B | $9.2B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.6B | $9.4B | ||
| Q2 24 | $1.5B | $2.3B | ||
| Q1 24 | $1.5B | — |
负债/权益比APAMFUN
| Q4 25 | 0.43× | 9.40× | ||
| Q3 25 | 0.47× | 8.16× | ||
| Q2 25 | 0.52× | 2.97× | ||
| Q1 25 | 0.56× | 2.75× | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.54× | 1.95× | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.62× | — |
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 | $172.0M | $-37.7M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $-109.3M |
| 自由现金流率自由现金流/营收 | 51.2% | -16.8% |
| 资本支出强度资本支出/营收 | 0.1% | 11.0% |
| 现金转化率经营现金流/净利润 | 1.46× | — |
| 过去12个月自由现金流最近4个季度 | $420.6M | $-152.2M |
8季度趋势，按日历期对齐
经营现金流APAMFUN
| Q4 25 | $172.0M | $-37.7M | ||
| Q3 25 | $40.4M | $356.2M | ||
| Q2 25 | $50.9M | $187.0M | ||
| Q1 25 | $157.9M | $-178.0M | ||
| Q4 24 | $372.8M | — | ||
| Q3 24 | $112.8M | $337.4M | ||
| Q2 24 | $75.9M | — | ||
| Q1 24 | $147.0M | — |
自由现金流APAMFUN
| Q4 25 | $171.6M | $-109.3M | ||
| Q3 25 | $40.4M | $256.2M | ||
| Q2 25 | $50.9M | $18.8M | ||
| Q1 25 | $157.7M | $-318.0M | ||
| Q4 24 | $371.3M | — | ||
| Q3 24 | $112.4M | $227.7M | ||
| Q2 24 | $75.2M | — | ||
| Q1 24 | $146.9M | — |
自由现金流率APAMFUN
| Q4 25 | 51.2% | -16.8% | ||
| Q3 25 | 13.4% | 19.4% | ||
| Q2 25 | 18.0% | 2.0% | ||
| Q1 25 | 56.9% | -157.4% | ||
| Q4 24 | 125.0% | — | ||
| Q3 24 | 40.2% | 16.9% | ||
| Q2 24 | 27.8% | — | ||
| Q1 24 | 55.6% | — |
资本支出强度APAMFUN
| Q4 25 | 0.1% | 11.0% | ||
| Q3 25 | 0.0% | 7.6% | ||
| Q2 25 | 0.0% | 18.1% | ||
| Q1 25 | 0.1% | 69.3% | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.1% | 8.1% | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.0% | — |
现金转化率APAMFUN
| Q4 25 | 1.46× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 2.58× | — | ||
| Q4 24 | 4.26× | — | ||
| Q3 24 | 1.54× | 3.04× | ||
| Q2 24 | 1.32× | — | ||
| Q1 24 | 2.47× | — |
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
APAM
暂无分部数据
FUN
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
