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Empire State Realty OP, L.P.（ESBA）与百胜餐饮集团（LCUT）财务数据对比。点击上方公司名可切换其他公司
百胜餐饮集团的季度营收约是Empire State Realty OP, L.P.的1.0倍（$204.1M vs $199.2M），Empire State Realty OP, L.P.净利率更高（16.1% vs 8.9%，领先7.3%），Empire State Realty OP, L.P.同比增速更快（0.8% vs -5.2%），Empire State Realty OP, L.P.自由现金流更多（$50.6M vs $2.6M），过去两年百胜餐饮集团的营收复合增速更高（19.8% vs 4.9%）
Empire State Realty OP, L.P. 是一家房地产运营合伙企业，核心业务为持有、管理及出租优质商业与零售物业，主要布局纽约大都会区，旗下拥有帝国大厦等标志性地标，服务企业租户、零售品牌及旅游相关业务板块。
百胜餐饮集团是美国跨国快餐企业，1977年百事可乐收购肯德基、必胜客、塔可Bell后将其整合为旗下子公司，1997年百事剥离该业务板块后正式独立为百胜集团。集团目前运营肯德基、必胜客、塔可Bell、哈比特汉堡等多个餐饮品牌，同时布局相关餐饮科技业务，门店网络遍布全球多个国家和地区。
ESBA vs LCUT — 直观对比
营收规模更大
LCUT
是对方的1.0倍
$199.2M
营收增速更快
ESBA
高出6.0%
-5.2%
净利率更高
ESBA
高出7.3%
8.9%
自由现金流更多
ESBA
多$47.9M
$2.6M
两年增速更快
LCUT
近两年复合增速
4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.2M | $204.1M |
| 净利润 | $32.2M | $18.2M |
| 毛利率 | — | 38.6% |
| 营业利润率 | 17.8% | 9.8% |
| 净利率 | 16.1% | 8.9% |
| 营收同比 | 0.8% | -5.2% |
| 净利润同比 | 71.2% | 103.5% |
| 每股收益（稀释后） | $0.11 | $0.83 |
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ESBALCUT
| Q4 25 | $199.2M | $204.1M | ||
| Q3 25 | $197.7M | $171.9M | ||
| Q2 25 | $191.3M | $131.9M | ||
| Q1 25 | $180.1M | $140.1M | ||
| Q4 24 | $197.6M | $215.2M | ||
| Q3 24 | $199.6M | $183.8M | ||
| Q2 24 | $189.5M | $141.7M | ||
| Q1 24 | $181.2M | $142.2M |
净利润ESBALCUT
| Q4 25 | $32.2M | $18.2M | ||
| Q3 25 | $13.6M | $-1.2M | ||
| Q2 25 | $11.4M | $-39.7M | ||
| Q1 25 | $15.8M | $-4.2M | ||
| Q4 24 | $18.8M | $8.9M | ||
| Q3 24 | $22.8M | $344.0K | ||
| Q2 24 | $28.6M | $-18.2M | ||
| Q1 24 | $10.2M | $-6.3M |
毛利率ESBALCUT
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | 35.1% | ||
| Q2 25 | — | 38.6% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | — | 37.7% | ||
| Q3 24 | — | 36.7% | ||
| Q2 24 | — | 38.5% | ||
| Q1 24 | — | 40.5% |
营业利润率ESBALCUT
| Q4 25 | 17.8% | 9.8% | ||
| Q3 25 | 19.9% | 3.9% | ||
| Q2 25 | 18.4% | -28.2% | ||
| Q1 25 | 14.3% | 0.8% | ||
| Q4 24 | 21.7% | 7.2% | ||
| Q3 24 | 22.7% | 4.7% | ||
| Q2 24 | 20.8% | 0.8% | ||
| Q1 24 | 17.1% | 1.3% |
净利率ESBALCUT
| Q4 25 | 16.1% | 8.9% | ||
| Q3 25 | 6.9% | -0.7% | ||
| Q2 25 | 6.0% | -30.1% | ||
| Q1 25 | 8.8% | -3.0% | ||
| Q4 24 | 9.5% | 4.1% | ||
| Q3 24 | 11.4% | 0.2% | ||
| Q2 24 | 15.1% | -12.8% | ||
| Q1 24 | 5.6% | -4.4% |
每股收益（稀释后）ESBALCUT
| Q4 25 | $0.11 | $0.83 | ||
| Q3 25 | $0.05 | $-0.05 | ||
| Q2 25 | $0.04 | $-1.83 | ||
| Q1 25 | $0.05 | $-0.19 | ||
| Q4 24 | $0.07 | $0.41 | ||
| Q3 24 | $0.08 | $0.02 | ||
| Q2 24 | $0.10 | $-0.85 | ||
| Q1 24 | $0.03 | $-0.29 |
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 | $132.7M | $4.3M |
| 总债务越低越好 | — | $135.0M |
| 股东权益账面价值 | — | $202.3M |
| 总资产 | $4.5B | $572.6M |
| 负债/权益比越低杠杆越低 | — | 0.67× |
8季度趋势，按日历期对齐
现金及短期投资ESBALCUT
| Q4 25 | $132.7M | $4.3M | ||
| Q3 25 | $154.1M | $12.1M | ||
| Q2 25 | $94.6M | $12.0M | ||
| Q1 25 | $187.8M | $10.4M | ||
| Q4 24 | $385.5M | $2.9M | ||
| Q3 24 | $421.9M | $6.0M | ||
| Q2 24 | $535.5M | $3.4M | ||
| Q1 24 | $333.6M | $4.6M |
总债务ESBALCUT
| Q4 25 | — | $135.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $142.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ESBALCUT
| Q4 25 | — | $202.3M | ||
| Q3 25 | — | $184.6M | ||
| Q2 25 | — | $185.8M | ||
| Q1 25 | — | $225.7M | ||
| Q4 24 | — | $229.9M | ||
| Q3 24 | — | $220.9M | ||
| Q2 24 | — | $219.8M | ||
| Q1 24 | — | $223.7M |
总资产ESBALCUT
| Q4 25 | $4.5B | $572.6M | ||
| Q3 25 | $4.1B | $581.1M | ||
| Q2 25 | $4.1B | $551.9M | ||
| Q1 25 | $4.1B | $594.6M | ||
| Q4 24 | $4.5B | $634.3M | ||
| Q3 24 | $4.4B | $668.7M | ||
| Q2 24 | $4.4B | $617.0M | ||
| Q1 24 | $4.2B | $602.7M |
负债/权益比ESBALCUT
| Q4 25 | — | 0.67× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.62× | ||
| Q3 24 | — | — | ||
| 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 | $249.1M | $3.7M |
| 自由现金流经营现金流 - 资本支出 | $50.6M | $2.6M |
| 自由现金流率自由现金流/营收 | 25.4% | 1.3% |
| 资本支出强度资本支出/营收 | 99.6% | 0.6% |
| 现金转化率经营现金流/净利润 | 7.74× | 0.21× |
| 过去12个月自由现金流最近4个季度 | $109.3M | $3.3M |
8季度趋势，按日历期对齐
经营现金流ESBALCUT
| Q4 25 | $249.1M | $3.7M | ||
| Q3 25 | $105.3M | $-22.2M | ||
| Q2 25 | $26.7M | $9.3M | ||
| Q1 25 | $83.1M | $16.7M | ||
| Q4 24 | $260.9M | $20.3M | ||
| Q3 24 | $102.8M | $-22.7M | ||
| Q2 24 | $37.1M | $10.4M | ||
| Q1 24 | $70.9M | $10.5M |
自由现金流ESBALCUT
| Q4 25 | $50.6M | $2.6M | ||
| Q3 25 | $72.8M | $-22.7M | ||
| Q2 25 | $-55.1M | $8.2M | ||
| Q1 25 | $41.1M | $15.1M | ||
| Q4 24 | $88.0M | $19.7M | ||
| Q3 24 | $-65.1M | $-23.2M | ||
| Q2 24 | $19.5M | $9.9M | ||
| Q1 24 | $23.2M | $9.9M |
自由现金流率ESBALCUT
| Q4 25 | 25.4% | 1.3% | ||
| Q3 25 | 36.8% | -13.2% | ||
| Q2 25 | -28.8% | 6.2% | ||
| Q1 25 | 22.8% | 10.8% | ||
| Q4 24 | 44.5% | 9.1% | ||
| Q3 24 | -32.6% | -12.6% | ||
| Q2 24 | 10.3% | 7.0% | ||
| Q1 24 | 12.8% | 7.0% |
资本支出强度ESBALCUT
| Q4 25 | 99.6% | 0.6% | ||
| Q3 25 | 16.5% | 0.3% | ||
| Q2 25 | 42.8% | 0.9% | ||
| Q1 25 | 23.4% | 1.1% | ||
| Q4 24 | 87.5% | 0.3% | ||
| Q3 24 | 84.1% | 0.3% | ||
| Q2 24 | 9.3% | 0.4% | ||
| Q1 24 | 26.3% | 0.4% |
现金转化率ESBALCUT
| Q4 25 | 7.74× | 0.21× | ||
| Q3 25 | 7.72× | — | ||
| Q2 25 | 2.35× | — | ||
| Q1 25 | 5.27× | — | ||
| Q4 24 | 13.88× | 2.28× | ||
| Q3 24 | 4.51× | -65.89× | ||
| Q2 24 | 1.30× | — | ||
| Q1 24 | 6.94× | — |
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
ESBA
| Real Estate Segment | $163.8M | 82% |
| Observatory Segment | $35.2M | 18% |
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
