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e.l.f. Beauty, Inc.（ELF）与美世（MERC）财务数据对比。点击上方公司名可切换其他公司
e.l.f. Beauty, Inc.的季度营收约是美世的1.0倍（$489.5M vs $489.3M），e.l.f. Beauty, Inc.同比增速更快（37.8% vs -3.5%）
e.l.f. Beauty是美国知名彩妆品牌，2004年创立，总部位于加利福尼亚州奥克兰。品牌产品线丰富，涵盖沐浴护肤产品、矿物彩妆、专业美妆工具、眼线笔、口红、腮红、睫毛膏等多个品类，产品销往全球18个国家，入驻Target、沃尔玛等主流零售渠道，过半营收来自品牌官网。
美世是1945年成立的美国咨询公司，为全球专业服务集团威达信的四大运营子公司之一，总部位于纽约，在43个国家设有办事处，业务覆盖130个国家，主要为客户提供人力资源与金融咨询服务。
ELF vs MERC — 直观对比
营收规模更大
ELF
是对方的1.0倍
$489.3M
营收增速更快
ELF
高出41.2%
-3.5%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $489.5M | $489.3M |
| 净利润 | $39.4M | — |
| 毛利率 | 71.0% | — |
| 营业利润率 | 13.8% | — |
| 净利率 | 8.0% | — |
| 营收同比 | 37.8% | -3.5% |
| 净利润同比 | 128.1% | — |
| 每股收益（稀释后） | $0.65 | — |
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ELFMERC
| Q1 26 | — | $489.3M | ||
| Q4 25 | $489.5M | $449.5M | ||
| Q3 25 | $343.9M | $458.1M | ||
| Q2 25 | $353.7M | $453.5M | ||
| Q1 25 | — | $507.0M | ||
| Q4 24 | — | $488.4M | ||
| Q3 24 | — | $502.1M | ||
| Q2 24 | — | $499.4M |
净利润ELFMERC
| Q1 26 | — | — | ||
| Q4 25 | $39.4M | $-308.7M | ||
| Q3 25 | $3.0M | $-80.8M | ||
| Q2 25 | $33.3M | $-86.1M | ||
| Q1 25 | — | $-22.3M | ||
| Q4 24 | — | $16.7M | ||
| Q3 24 | — | $-17.6M | ||
| Q2 24 | — | $-67.6M |
毛利率ELFMERC
| Q1 26 | — | — | ||
| Q4 25 | 71.0% | — | ||
| Q3 25 | 69.4% | — | ||
| Q2 25 | 69.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率ELFMERC
| Q1 26 | — | — | ||
| Q4 25 | 13.8% | -62.0% | ||
| Q3 25 | 2.2% | -14.8% | ||
| Q2 25 | 13.8% | -12.9% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | -8.8% |
净利率ELFMERC
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | -68.7% | ||
| Q3 25 | 0.9% | -17.6% | ||
| Q2 25 | 9.4% | -19.0% | ||
| Q1 25 | — | -4.4% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | -3.5% | ||
| Q2 24 | — | -13.5% |
每股收益（稀释后）ELFMERC
| Q1 26 | — | — | ||
| Q4 25 | $0.65 | $-4.61 | ||
| Q3 25 | $0.05 | $-1.21 | ||
| Q2 25 | $0.58 | $-1.29 | ||
| Q1 25 | — | $-0.33 | ||
| Q4 24 | — | $0.25 | ||
| Q3 24 | — | $-0.26 | ||
| Q2 24 | — | $-1.01 |
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 | $196.8M | $84.5M |
| 总债务越低越好 | $816.7M | $1.5B |
| 股东权益账面价值 | $1.2B | — |
| 总资产 | $2.3B | $2.0B |
| 负债/权益比越低杠杆越低 | 0.70× | — |
8季度趋势，按日历期对齐
现金及短期投资ELFMERC
| Q1 26 | — | $84.5M | ||
| Q4 25 | $196.8M | $186.8M | ||
| Q3 25 | $194.4M | $98.1M | ||
| Q2 25 | $170.0M | $146.5M | ||
| Q1 25 | — | $181.5M | ||
| Q4 24 | — | $184.9M | ||
| Q3 24 | — | $239.0M | ||
| Q2 24 | — | $263.2M |
总债务ELFMERC
| Q1 26 | — | $1.5B | ||
| Q4 25 | $816.7M | $1.6B | ||
| Q3 25 | $831.6M | $1.5B | ||
| Q2 25 | $256.7M | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B |
股东权益ELFMERC
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $68.1M | ||
| Q3 25 | $1.1B | $359.5M | ||
| Q2 25 | $804.9M | $446.5M | ||
| Q1 25 | — | $437.4M | ||
| Q4 24 | — | $429.8M | ||
| Q3 24 | — | $516.8M | ||
| Q2 24 | — | $487.7M |
总资产ELFMERC
| Q1 26 | — | $2.0B | ||
| Q4 25 | $2.3B | $2.0B | ||
| Q3 25 | $2.3B | $2.3B | ||
| Q2 25 | $1.3B | $2.4B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | — | $2.5B |
负债/权益比ELFMERC
| Q1 26 | — | — | ||
| Q4 25 | 0.70× | 23.58× | ||
| Q3 25 | 0.73× | 4.30× | ||
| Q2 25 | 0.32× | 3.42× | ||
| Q1 25 | — | 3.44× | ||
| Q4 24 | — | 3.43× | ||
| Q3 24 | — | 3.09× | ||
| Q2 24 | — | 3.22× |
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 | $59.4M | — |
| 自由现金流经营现金流 - 资本支出 | $52.8M | — |
| 自由现金流率自由现金流/营收 | 10.8% | — |
| 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 | 1.51× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ELFMERC
| Q1 26 | — | — | ||
| Q4 25 | $59.4M | $46.2M | ||
| Q3 25 | $23.4M | $-30.1M | ||
| Q2 25 | $27.2M | $-4.5M | ||
| Q1 25 | — | $-3.0M | ||
| Q4 24 | — | $71.2M | ||
| Q3 24 | — | $-13.9M | ||
| Q2 24 | — | $62.2M |
自由现金流ELFMERC
| Q1 26 | — | — | ||
| Q4 25 | $52.8M | $32.0M | ||
| Q3 25 | $16.6M | $-60.1M | ||
| Q2 25 | $20.1M | $-28.9M | ||
| Q1 25 | — | $-23.1M | ||
| Q4 24 | — | $50.4M | ||
| Q3 24 | — | $-41.2M | ||
| Q2 24 | — | $44.3M |
自由现金流率ELFMERC
| Q1 26 | — | — | ||
| Q4 25 | 10.8% | 7.1% | ||
| Q3 25 | 4.8% | -13.1% | ||
| Q2 25 | 5.7% | -6.4% | ||
| Q1 25 | — | -4.6% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | -8.2% | ||
| Q2 24 | — | 8.9% |
资本支出强度ELFMERC
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 3.1% | ||
| Q3 25 | 2.0% | 6.6% | ||
| Q2 25 | 2.0% | 5.4% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | — | 5.4% | ||
| Q2 24 | — | 3.6% |
现金转化率ELFMERC
| Q1 26 | — | — | ||
| Q4 25 | 1.51× | — | ||
| Q3 25 | 7.82× | — | ||
| Q2 25 | 0.82× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.26× | ||
| Q3 24 | — | — | ||
| Q2 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
ELF
暂无分部数据
MERC
| Pulp segment | $345.0M | 71% |
| Solid wood segment | $131.7M | 27% |
| Corporate and other | $12.6M | 3% |
