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e.l.f. Beauty, Inc.（ELF）与SPORTSMAN'S WAREHOUSE HOLDINGS, INC.（SPWH）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SPORTSMAN'S WAREHOUSE HOLDINGS, INC.的1.5倍（$489.5M vs $331.3M），e.l.f. Beauty, Inc.净利率更高（8.0% vs 0.0%，领先8.0%），e.l.f. Beauty, Inc.同比增速更快（37.8% vs 2.2%），e.l.f. Beauty, Inc.自由现金流更多（$52.8M vs $8.7M）
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。
运动员仓库控股（Sportsman's Warehouse）是美国户外体育用品零售商，门店遍布全美29个州，主要面向狩猎、射击、露营、垂钓等各类户外休闲运动爱好者，销售户外服饰、鞋履及专业运动装备。
ELF vs SPWH — 直观对比
营收规模更大
ELF
是对方的1.5倍
$331.3M
营收增速更快
ELF
高出35.6%
2.2%
净利率更高
ELF
高出8.0%
0.0%
自由现金流更多
ELF
多$44.0M
$8.7M
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $489.5M | $331.3M |
| 净利润 | $39.4M | $8.0K |
| 毛利率 | 71.0% | 32.8% |
| 营业利润率 | 13.8% | 1.3% |
| 净利率 | 8.0% | 0.0% |
| 营收同比 | 37.8% | 2.2% |
| 净利润同比 | 128.1% | -97.8% |
| 每股收益（稀释后） | $0.65 | $0.00 |
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ELFSPWH
| Q4 25 | $489.5M | $331.3M | ||
| Q3 25 | $343.9M | $293.9M | ||
| Q2 25 | $353.7M | $249.1M | ||
| Q1 25 | — | $340.4M | ||
| Q4 24 | — | $324.3M | ||
| Q3 24 | — | $288.7M | ||
| Q2 24 | — | $244.2M | ||
| Q1 24 | — | $370.4M |
净利润ELFSPWH
| Q4 25 | $39.4M | $8.0K | ||
| Q3 25 | $3.0M | $-7.1M | ||
| Q2 25 | $33.3M | $-21.3M | ||
| Q1 25 | — | $-8.7M | ||
| Q4 24 | — | $-364.0K | ||
| Q3 24 | — | $-5.9M | ||
| Q2 24 | — | $-18.1M | ||
| Q1 24 | — | $-8.7M |
毛利率ELFSPWH
| Q4 25 | 71.0% | 32.8% | ||
| Q3 25 | 69.4% | 32.0% | ||
| Q2 25 | 69.1% | 30.4% | ||
| Q1 25 | — | 30.4% | ||
| Q4 24 | — | 31.8% | ||
| Q3 24 | — | 31.2% | ||
| Q2 24 | — | 30.2% | ||
| Q1 24 | — | 26.8% |
营业利润率ELFSPWH
| Q4 25 | 13.8% | 1.3% | ||
| Q3 25 | 2.2% | -1.1% | ||
| Q2 25 | 13.8% | -7.9% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | -1.5% | ||
| Q2 24 | — | -8.4% | ||
| Q1 24 | — | -2.1% |
净利率ELFSPWH
| Q4 25 | 8.0% | 0.0% | ||
| Q3 25 | 0.9% | -2.4% | ||
| Q2 25 | 9.4% | -8.5% | ||
| Q1 25 | — | -2.6% | ||
| Q4 24 | — | -0.1% | ||
| Q3 24 | — | -2.0% | ||
| Q2 24 | — | -7.4% | ||
| Q1 24 | — | -2.4% |
每股收益（稀释后）ELFSPWH
| Q4 25 | $0.65 | $0.00 | ||
| Q3 25 | $0.05 | $-0.18 | ||
| Q2 25 | $0.58 | $-0.56 | ||
| Q1 25 | — | $-0.22 | ||
| Q4 24 | — | $-0.01 | ||
| Q3 24 | — | $-0.16 | ||
| Q2 24 | — | $-0.48 | ||
| Q1 24 | — | $-0.22 |
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 | $2.2M |
| 总债务越低越好 | $816.7M | $44.0M |
| 股东权益账面价值 | $1.2B | $209.5M |
| 总资产 | $2.3B | $913.9M |
| 负债/权益比越低杠杆越低 | 0.70× | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资ELFSPWH
| Q4 25 | $196.8M | $2.2M | ||
| Q3 25 | $194.4M | $1.8M | ||
| Q2 25 | $170.0M | $3.6M | ||
| Q1 25 | — | $2.8M | ||
| Q4 24 | — | $2.7M | ||
| Q3 24 | — | $2.6M | ||
| Q2 24 | — | $2.2M | ||
| Q1 24 | — | $3.1M |
总债务ELFSPWH
| Q4 25 | $816.7M | $44.0M | ||
| Q3 25 | $831.6M | $43.9M | ||
| Q2 25 | $256.7M | $24.1M | ||
| Q1 25 | — | $24.1M | ||
| Q4 24 | — | $24.0M | ||
| Q3 24 | — | $24.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ELFSPWH
| Q4 25 | $1.2B | $209.5M | ||
| Q3 25 | $1.1B | $208.9M | ||
| Q2 25 | $804.9M | $215.1M | ||
| Q1 25 | — | $235.7M | ||
| Q4 24 | — | $243.6M | ||
| Q3 24 | — | $243.0M | ||
| Q2 24 | — | $247.5M | ||
| Q1 24 | — | $264.6M |
总资产ELFSPWH
| Q4 25 | $2.3B | $913.9M | ||
| Q3 25 | $2.3B | $948.9M | ||
| Q2 25 | $1.3B | $929.7M | ||
| Q1 25 | — | $852.1M | ||
| Q4 24 | — | $967.7M | ||
| Q3 24 | — | $901.9M | ||
| Q2 24 | — | $930.4M | ||
| Q1 24 | — | $886.2M |
负债/权益比ELFSPWH
| Q4 25 | 0.70× | 0.21× | ||
| Q3 25 | 0.73× | 0.21× | ||
| Q2 25 | 0.32× | 0.11× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | 0.10× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $16.3M |
| 自由现金流经营现金流 - 资本支出 | $52.8M | $8.7M |
| 自由现金流率自由现金流/营收 | 10.8% | 2.6% |
| 资本支出强度资本支出/营收 | 1.4% | 2.3% |
| 现金转化率经营现金流/净利润 | 1.51× | 2038.00× |
| 过去12个月自由现金流最近4个季度 | — | $-39.7M |
8季度趋势，按日历期对齐
经营现金流ELFSPWH
| Q4 25 | $59.4M | $16.3M | ||
| Q3 25 | $23.4M | $-26.6M | ||
| Q2 25 | $27.2M | $-60.2M | ||
| Q1 25 | — | $52.8M | ||
| Q4 24 | — | $-2.5M | ||
| Q3 24 | — | $18.5M | ||
| Q2 24 | — | $-34.6M | ||
| Q1 24 | — | $68.9M |
自由现金流ELFSPWH
| Q4 25 | $52.8M | $8.7M | ||
| Q3 25 | $16.6M | $-33.9M | ||
| Q2 25 | $20.1M | $-64.0M | ||
| Q1 25 | — | $49.6M | ||
| Q4 24 | — | $-6.2M | ||
| Q3 24 | — | $14.1M | ||
| Q2 24 | — | $-38.0M | ||
| Q1 24 | — | $60.2M |
自由现金流率ELFSPWH
| Q4 25 | 10.8% | 2.6% | ||
| Q3 25 | 4.8% | -11.5% | ||
| Q2 25 | 5.7% | -25.7% | ||
| Q1 25 | — | 14.6% | ||
| Q4 24 | — | -1.9% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | — | -15.5% | ||
| Q1 24 | — | 16.2% |
资本支出强度ELFSPWH
| Q4 25 | 1.4% | 2.3% | ||
| Q3 25 | 2.0% | 2.5% | ||
| Q2 25 | 2.0% | 1.5% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 2.4% |
现金转化率ELFSPWH
| Q4 25 | 1.51× | 2038.00× | ||
| Q3 25 | 7.82× | — | ||
| Q2 25 | 0.82× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
