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EAGLE MATERIALS INC（EXP）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EAGLE MATERIALS INC的1.2倍（$650.1M vs $556.0M），EAGLE MATERIALS INC净利率更高（18.5% vs -14.2%，领先32.7%），EAGLE MATERIALS INC自由现金流更多（$60.8M vs $-109.3M）
Eagle Materials Inc.是总部位于美国得克萨斯州达拉斯的建筑材料生产企业，主营产品包括水泥、混凝土、建筑骨料、石膏、墙板、纸板以及水力压裂作业专用砂，产品广泛应用于建筑施工、能源开发等多个领域。
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。
EXP vs FUN — 直观对比
营收规模更大
FUN
是对方的1.2倍
$556.0M
净利率更高
EXP
高出32.7%
-14.2%
自由现金流更多
EXP
多$170.0M
$-109.3M
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $556.0M | $650.1M |
| 净利润 | $102.9M | $-92.4M |
| 毛利率 | 28.9% | 91.4% |
| 营业利润率 | — | -3.8% |
| 净利率 | 18.5% | -14.2% |
| 营收同比 | -0.4% | — |
| 净利润同比 | -13.9% | — |
| 每股收益（稀释后） | $3.22 | $-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EXPFUN
| Q4 25 | $556.0M | $650.1M | ||
| Q3 25 | $638.9M | $1.3B | ||
| Q2 25 | $634.7M | $930.4M | ||
| Q1 25 | $470.2M | $202.1M | ||
| Q4 24 | $558.0M | — | ||
| Q3 24 | $623.6M | $1.3B | ||
| Q2 24 | $608.7M | $571.6M | ||
| Q1 24 | $476.7M | — |
净利润EXPFUN
| Q4 25 | $102.9M | $-92.4M | ||
| Q3 25 | $137.4M | $-1.2B | ||
| Q2 25 | $123.4M | $-99.6M | ||
| Q1 25 | $66.5M | $-219.7M | ||
| Q4 24 | $119.6M | — | ||
| Q3 24 | $143.5M | $111.0M | ||
| Q2 24 | $133.8M | $55.6M | ||
| Q1 24 | $77.1M | — |
毛利率EXPFUN
| Q4 25 | 28.9% | 91.4% | ||
| Q3 25 | 31.3% | 91.6% | ||
| Q2 25 | 29.2% | 91.3% | ||
| Q1 25 | 22.2% | 89.3% | ||
| Q4 24 | 31.9% | — | ||
| Q3 24 | 32.7% | 91.9% | ||
| Q2 24 | 30.7% | 90.7% | ||
| Q1 24 | 25.1% | — |
营业利润率EXPFUN
| Q4 25 | — | -3.8% | ||
| Q3 25 | — | -83.7% | ||
| Q2 25 | — | 8.0% | ||
| Q1 25 | — | -158.9% | ||
| Q4 24 | 32.8% | — | ||
| Q3 24 | 34.2% | 19.5% | ||
| Q2 24 | 32.0% | 21.6% | ||
| Q1 24 | 26.9% | — |
净利率EXPFUN
| Q4 25 | 18.5% | -14.2% | ||
| Q3 25 | 21.5% | -90.1% | ||
| Q2 25 | 19.4% | -10.7% | ||
| Q1 25 | 14.1% | -108.7% | ||
| Q4 24 | 21.4% | — | ||
| Q3 24 | 23.0% | 8.2% | ||
| Q2 24 | 22.0% | 9.7% | ||
| Q1 24 | 16.2% | — |
每股收益（稀释后）EXPFUN
| Q4 25 | $3.22 | $-0.93 | ||
| Q3 25 | $4.23 | $-11.77 | ||
| Q2 25 | $3.76 | $-0.99 | ||
| Q1 25 | $2.01 | $-2.20 | ||
| Q4 24 | $3.56 | — | ||
| Q3 24 | $4.26 | $1.10 | ||
| Q2 24 | $3.94 | — | ||
| Q1 24 | $2.23 | — |
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 | $419.0M | $91.1M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $1.5B | $549.8M |
| 总资产 | $3.8B | $7.8B |
| 负债/权益比越低杠杆越低 | — | 9.40× |
8季度趋势，按日历期对齐
现金及短期投资EXPFUN
| Q4 25 | $419.0M | $91.1M | ||
| Q3 25 | $35.0M | $70.7M | ||
| Q2 25 | $59.7M | $107.4M | ||
| Q1 25 | $20.4M | $61.5M | ||
| Q4 24 | $31.2M | — | ||
| Q3 24 | $93.9M | $89.7M | ||
| Q2 24 | $46.5M | $52.9M | ||
| Q1 24 | $34.9M | — |
总债务EXPFUN
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | $1.2B | $5.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $2.3B | ||
| Q1 24 | $1.1B | — |
股东权益EXPFUN
| Q4 25 | $1.5B | $549.8M | ||
| Q3 25 | $1.5B | $614.3M | ||
| Q2 25 | $1.5B | $1.8B | ||
| Q1 25 | $1.5B | $1.8B | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.4B | $2.3B | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.3B | — |
总资产EXPFUN
| Q4 25 | $3.8B | $7.8B | ||
| Q3 25 | $3.4B | $7.9B | ||
| Q2 25 | $3.4B | $9.5B | ||
| Q1 25 | $3.3B | $9.2B | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.1B | $9.4B | ||
| Q2 24 | $3.0B | $2.3B | ||
| Q1 24 | $2.9B | — |
负债/权益比EXPFUN
| Q4 25 | — | 9.40× | ||
| Q3 25 | — | 8.16× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | 0.86× | 2.75× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.95× | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.84× | — |
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 | $170.8M | $-37.7M |
| 自由现金流经营现金流 - 资本支出 | $60.8M | $-109.3M |
| 自由现金流率自由现金流/营收 | 10.9% | -16.8% |
| 资本支出强度资本支出/营收 | 19.8% | 11.0% |
| 现金转化率经营现金流/净利润 | 1.66× | — |
| 过去12个月自由现金流最近4个季度 | $231.8M | $-152.2M |
8季度趋势，按日历期对齐
经营现金流EXPFUN
| Q4 25 | $170.8M | $-37.7M | ||
| Q3 25 | $204.6M | $356.2M | ||
| Q2 25 | $136.6M | $187.0M | ||
| Q1 25 | $62.8M | $-178.0M | ||
| Q4 24 | $119.9M | — | ||
| Q3 24 | $233.3M | $337.4M | ||
| Q2 24 | $132.6M | — | ||
| Q1 24 | $63.4M | — |
自由现金流EXPFUN
| Q4 25 | $60.8M | $-109.3M | ||
| Q3 25 | $96.1M | $256.2M | ||
| Q2 25 | $60.5M | $18.8M | ||
| Q1 25 | $14.5M | $-318.0M | ||
| Q4 24 | $72.5M | — | ||
| Q3 24 | $166.8M | $227.7M | ||
| Q2 24 | $99.5M | — | ||
| Q1 24 | $30.9M | — |
自由现金流率EXPFUN
| Q4 25 | 10.9% | -16.8% | ||
| Q3 25 | 15.0% | 19.4% | ||
| Q2 25 | 9.5% | 2.0% | ||
| Q1 25 | 3.1% | -157.4% | ||
| Q4 24 | 13.0% | — | ||
| Q3 24 | 26.7% | 16.9% | ||
| Q2 24 | 16.3% | — | ||
| Q1 24 | 6.5% | — |
资本支出强度EXPFUN
| Q4 25 | 19.8% | 11.0% | ||
| Q3 25 | 17.0% | 7.6% | ||
| Q2 25 | 12.0% | 18.1% | ||
| Q1 25 | 10.3% | 69.3% | ||
| Q4 24 | 8.5% | — | ||
| Q3 24 | 10.7% | 8.1% | ||
| Q2 24 | 5.4% | — | ||
| Q1 24 | 6.8% | — |
现金转化率EXPFUN
| Q4 25 | 1.66× | — | ||
| Q3 25 | 1.49× | — | ||
| Q2 25 | 1.11× | — | ||
| Q1 25 | 0.94× | — | ||
| Q4 24 | 1.00× | — | ||
| Q3 24 | 1.63× | 3.04× | ||
| Q2 24 | 0.99× | — | ||
| Q1 24 | 0.82× | — |
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
EXP
| External Customers | $283.5M | 51% |
| Gypsum Wallboard | $175.9M | 32% |
| Recycled Paperboard | $47.8M | 9% |
| Corporate Joint Venture | $29.4M | 5% |
| Other | $11.8M | 2% |
| Western Pennsylvania Acquisition | $7.6M | 1% |
FUN
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
