vs
Arhaus, Inc.（ARHS）与凯撒娱乐（CZR）财务数据对比。点击上方公司名可切换其他公司
凯撒娱乐的季度营收约是Arhaus, Inc.的8.0倍（$2.9B vs $364.8M）。Arhaus, Inc.净利率更高（4.1% vs -8.6%，领先12.7%）。Arhaus, Inc.同比增速更快（5.1% vs 4.2%）。凯撒娱乐自由现金流更多（$147.0M vs $-8.8M）。过去两年Arhaus, Inc.的营收复合增速更高（11.2% vs 3.1%）
Arhaus, Inc.是源自美国的高端家居零售企业，总部位于俄亥俄州波士顿高地，1986年正式创立。品牌主打可持续理念与工匠级品质，产品品类丰富，采用全渠道模式面向个人消费者及企业客户，覆盖民用与商用家居场景，提供相关产品与配套服务。
凯撒娱乐前身为埃尔拉多度假村公司，是总部位于美国内华达州里诺的酒店博彩娱乐集团。2020年7月20日公司收购原凯撒娱乐集团后更为现名，目前运营超过50处物业，业务覆盖酒店、博彩、休闲娱乐等多个领域。
ARHS vs CZR — 直观对比
营收规模更大
CZR
是对方的8.0倍
$364.8M
营收增速更快
ARHS
高出1.0%
4.2%
净利率更高
ARHS
高出12.7%
-8.6%
自由现金流更多
CZR
多$155.8M
$-8.8M
两年增速更快
ARHS
近两年复合增速
3.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $364.8M | $2.9B |
| 净利润 | $15.1M | $-250.0M |
| 毛利率 | 38.1% | — |
| 营业利润率 | 5.6% | 11.4% |
| 净利率 | 4.1% | -8.6% |
| 营收同比 | 5.1% | 4.2% |
| 净利润同比 | -29.1% | -2372.7% |
| 每股收益（稀释后） | $0.11 | $-1.22 |
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ARHSCZR
| Q4 25 | $364.8M | $2.9B | ||
| Q3 25 | $344.6M | $2.9B | ||
| Q2 25 | $358.4M | $2.9B | ||
| Q1 25 | $311.4M | $2.8B | ||
| Q4 24 | $347.0M | $2.8B | ||
| Q3 24 | $319.1M | $2.9B | ||
| Q2 24 | $309.8M | $2.8B | ||
| Q1 24 | $295.2M | $2.7B |
净利润ARHSCZR
| Q4 25 | $15.1M | $-250.0M | ||
| Q3 25 | $12.2M | $-55.0M | ||
| Q2 25 | $35.1M | $-82.0M | ||
| Q1 25 | $4.9M | $-115.0M | ||
| Q4 24 | $21.3M | $11.0M | ||
| Q3 24 | $9.9M | $-9.0M | ||
| Q2 24 | $22.2M | $-122.0M | ||
| Q1 24 | $15.1M | $-158.0M |
毛利率ARHSCZR
| Q4 25 | 38.1% | — | ||
| Q3 25 | 38.7% | — | ||
| Q2 25 | 41.4% | — | ||
| Q1 25 | 37.1% | — | ||
| Q4 24 | 40.0% | — | ||
| Q3 24 | 38.6% | — | ||
| Q2 24 | 40.1% | — | ||
| Q1 24 | 39.0% | — |
营业利润率ARHSCZR
| Q4 25 | 5.6% | 11.4% | ||
| Q3 25 | 4.8% | 17.9% | ||
| Q2 25 | 13.0% | 18.1% | ||
| Q1 25 | 1.7% | 17.5% | ||
| Q4 24 | 8.2% | 23.9% | ||
| Q3 24 | 3.3% | 22.4% | ||
| Q2 24 | 9.5% | 17.9% | ||
| Q1 24 | 6.2% | 17.7% |
净利率ARHSCZR
| Q4 25 | 4.1% | -8.6% | ||
| Q3 25 | 3.5% | -1.9% | ||
| Q2 25 | 9.8% | -2.8% | ||
| Q1 25 | 1.6% | -4.1% | ||
| Q4 24 | 6.1% | 0.4% | ||
| Q3 24 | 3.1% | -0.3% | ||
| Q2 24 | 7.2% | -4.3% | ||
| Q1 24 | 5.1% | -5.8% |
每股收益（稀释后）ARHSCZR
| Q4 25 | $0.11 | $-1.22 | ||
| Q3 25 | $0.09 | $-0.27 | ||
| Q2 25 | $0.25 | $-0.39 | ||
| Q1 25 | $0.03 | $-0.54 | ||
| Q4 24 | $0.15 | $0.04 | ||
| Q3 24 | $0.07 | $-0.04 | ||
| Q2 24 | $0.16 | $-0.56 | ||
| Q1 24 | $0.11 | $-0.73 |
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 | $253.4M | $887.0M |
| 总债务越低越好 | — | $11.9B |
| 股东权益账面价值 | $418.2M | $3.5B |
| 总资产 | $1.4B | $31.6B |
| 负债/权益比越低杠杆越低 | — | 3.40× |
8季度趋势，按日历期对齐
现金及短期投资ARHSCZR
| Q4 25 | $253.4M | $887.0M | ||
| Q3 25 | $262.2M | $836.0M | ||
| Q2 25 | $234.8M | $982.0M | ||
| Q1 25 | $214.4M | $884.0M | ||
| Q4 24 | $197.5M | $866.0M | ||
| Q3 24 | $177.7M | $802.0M | ||
| Q2 24 | $174.2M | $830.0M | ||
| Q1 24 | $233.2M | $726.0M |
总债务ARHSCZR
| Q4 25 | — | $11.9B | ||
| Q3 25 | — | $11.9B | ||
| Q2 25 | — | $12.3B | ||
| Q1 25 | — | $12.3B | ||
| Q4 24 | — | $12.3B | ||
| Q3 24 | — | $12.7B | ||
| Q2 24 | — | $12.4B | ||
| Q1 24 | — | $12.4B |
股东权益ARHSCZR
| Q4 25 | $418.2M | $3.5B | ||
| Q3 25 | $400.4M | $3.8B | ||
| Q2 25 | $385.6M | $3.9B | ||
| Q1 25 | $348.8M | $4.1B | ||
| Q4 24 | $343.7M | $4.2B | ||
| Q3 24 | $320.6M | $4.2B | ||
| Q2 24 | $309.3M | $4.3B | ||
| Q1 24 | $285.6M | $4.4B |
总资产ARHSCZR
| Q4 25 | $1.4B | $31.6B | ||
| Q3 25 | $1.4B | $31.9B | ||
| Q2 25 | $1.3B | $32.5B | ||
| Q1 25 | $1.3B | $32.4B | ||
| Q4 24 | $1.2B | $32.6B | ||
| Q3 24 | $1.2B | $33.0B | ||
| Q2 24 | $1.2B | $33.1B | ||
| Q1 24 | $1.2B | $33.1B |
负债/权益比ARHSCZR
| Q4 25 | — | 3.40× | ||
| Q3 25 | — | 3.15× | ||
| Q2 25 | — | 3.15× | ||
| Q1 25 | — | 3.04× | ||
| Q4 24 | — | 2.96× | ||
| Q3 24 | — | 3.04× | ||
| Q2 24 | — | 2.89× | ||
| Q1 24 | — | 2.82× |
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 | $9.3M | $304.0M |
| 自由现金流经营现金流 - 资本支出 | $-8.8M | $147.0M |
| 自由现金流率自由现金流/营收 | -2.4% | 5.0% |
| 资本支出强度资本支出/营收 | 5.0% | 5.4% |
| 现金转化率经营现金流/净利润 | 0.62× | — |
| 过去12个月自由现金流最近4个季度 | $59.0M | $497.0M |
8季度趋势，按日历期对齐
经营现金流ARHSCZR
| Q4 25 | $9.3M | $304.0M | ||
| Q3 25 | $46.1M | $318.0M | ||
| Q2 25 | $34.9M | $462.0M | ||
| Q1 25 | $46.5M | $218.0M | ||
| Q4 24 | $31.7M | $309.0M | ||
| Q3 24 | $31.1M | $232.0M | ||
| Q2 24 | $47.5M | $454.0M | ||
| Q1 24 | $36.8M | $80.0M |
自由现金流ARHSCZR
| Q4 25 | $-8.8M | $147.0M | ||
| Q3 25 | $28.0M | $123.0M | ||
| Q2 25 | $20.9M | $232.0M | ||
| Q1 25 | $18.9M | $-5.0M | ||
| Q4 24 | $13.0M | $30.0M | ||
| Q3 24 | $4.6M | $-192.0M | ||
| Q2 24 | $11.3M | $125.0M | ||
| Q1 24 | $10.9M | $-184.0M |
自由现金流率ARHSCZR
| Q4 25 | -2.4% | 5.0% | ||
| Q3 25 | 8.1% | 4.3% | ||
| Q2 25 | 5.8% | 8.0% | ||
| Q1 25 | 6.1% | -0.2% | ||
| Q4 24 | 3.7% | 1.1% | ||
| Q3 24 | 1.4% | -6.7% | ||
| Q2 24 | 3.6% | 4.4% | ||
| Q1 24 | 3.7% | -6.7% |
资本支出强度ARHSCZR
| Q4 25 | 5.0% | 5.4% | ||
| Q3 25 | 5.3% | 6.8% | ||
| Q2 25 | 3.9% | 7.9% | ||
| Q1 25 | 8.9% | 8.0% | ||
| Q4 24 | 5.4% | 10.0% | ||
| Q3 24 | 8.3% | 14.8% | ||
| Q2 24 | 11.7% | 11.6% | ||
| Q1 24 | 8.8% | 9.6% |
现金转化率ARHSCZR
| Q4 25 | 0.62× | — | ||
| Q3 25 | 3.77× | — | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 9.53× | — | ||
| Q4 24 | 1.49× | 28.09× | ||
| Q3 24 | 3.14× | — | ||
| Q2 24 | 2.14× | — | ||
| Q1 24 | 2.44× | — |
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
ARHS
| Sales Channel Retail | $305.7M | 84% |
| Sales Channel E Commerce | $59.2M | 16% |
CZR
暂无分部数据
