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EXPONENT INC（EXPO）与MARCUS CORP（MCS）财务数据对比。点击上方公司名可切换其他公司
MARCUS CORP的季度营收约是EXPONENT INC的1.2倍（$193.5M vs $166.3M），EXPONENT INC同比增速更快（14.3% vs 2.8%），过去两年MARCUS CORP的营收复合增速更高（18.2% vs 8.8%）
Exponent Inc.是美国知名工程与科学咨询企业，汇集科学家、医师、工程师及商业咨询专家，可在90余个技术领域开展研究与分析工作，目前在美国本土设有20个办事处，境外另有5个办事网点。
马库斯公司是一家美国企业，主营商业地产领域相关服务，业务覆盖美国与加拿大，提供商业地产经纪、按揭经纪、行业研究以及咨询服务，首创了由单一经纪公司独家代理房源挂牌的行业模式，目前在美加两国设有超过80家办公室，拥有员工超1800名。
EXPO vs MCS — 直观对比
营收规模更大
MCS
是对方的1.2倍
$166.3M
营收增速更快
EXPO
高出11.5%
2.8%
两年增速更快
MCS
近两年复合增速
8.8%
损益表 — Q1 FY2027 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $166.3M | $193.5M |
| 净利润 | $29.6M | — |
| 毛利率 | — | — |
| 营业利润率 | 24.9% | 0.9% |
| 净利率 | 17.8% | — |
| 营收同比 | 14.3% | 2.8% |
| 净利润同比 | 11.0% | — |
| 每股收益（稀释后） | $0.59 | — |
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EXPOMCS
| Q1 26 | $166.3M | — | ||
| Q4 25 | $147.1M | $193.5M | ||
| Q3 25 | $142.0M | $210.2M | ||
| Q2 25 | $145.5M | $206.0M | ||
| Q1 25 | $136.8M | $148.8M | ||
| Q4 24 | — | $188.3M | ||
| Q3 24 | $136.3M | $232.7M | ||
| Q2 24 | $140.5M | $176.0M |
净利润EXPOMCS
| Q1 26 | $29.6M | — | ||
| Q4 25 | $28.0M | — | ||
| Q3 25 | $26.6M | $16.2M | ||
| Q2 25 | $26.6M | $7.3M | ||
| Q1 25 | $23.6M | $-16.8M | ||
| Q4 24 | — | $986.0K | ||
| Q3 24 | $26.0M | $23.3M | ||
| Q2 24 | $29.2M | $-20.2M |
营业利润率EXPOMCS
| Q1 26 | 24.9% | — | ||
| Q4 25 | 19.7% | 0.9% | ||
| Q3 25 | 12.1% | 10.8% | ||
| Q2 25 | 30.5% | 6.3% | ||
| Q1 25 | 19.9% | -13.7% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | 19.0% | 14.1% | ||
| Q2 24 | 25.4% | 1.3% |
净利率EXPOMCS
| Q1 26 | 17.8% | — | ||
| Q4 25 | 19.1% | — | ||
| Q3 25 | 18.7% | 7.7% | ||
| Q2 25 | 18.3% | 3.6% | ||
| Q1 25 | 17.2% | -11.3% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | 19.1% | 10.0% | ||
| Q2 24 | 20.8% | -11.5% |
每股收益（稀释后）EXPOMCS
| Q1 26 | $0.59 | — | ||
| Q4 25 | $0.55 | — | ||
| Q3 25 | $0.52 | — | ||
| Q2 25 | $0.52 | — | ||
| Q1 25 | $0.45 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $0.50 | — | ||
| Q2 24 | $0.57 | — |
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 | $118.6M | $23.4M |
| 总债务越低越好 | — | $159.0M |
| 股东权益账面价值 | $338.3M | $457.4M |
| 总资产 | $687.4M | $1.0B |
| 负债/权益比越低杠杆越低 | — | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资EXPOMCS
| Q1 26 | $118.6M | — | ||
| Q4 25 | $207.4M | $23.4M | ||
| Q3 25 | $231.8M | $7.4M | ||
| Q2 25 | $245.1M | $14.9M | ||
| Q1 25 | $258.9M | $11.9M | ||
| Q4 24 | — | $40.8M | ||
| Q3 24 | $219.7M | $28.4M | ||
| Q2 24 | $203.3M | $32.8M |
总债务EXPOMCS
| Q1 26 | — | — | ||
| Q4 25 | — | $159.0M | ||
| Q3 25 | — | $162.0M | ||
| Q2 25 | — | $179.9M | ||
| Q1 25 | — | $198.9M | ||
| Q4 24 | — | $159.1M | ||
| Q3 24 | — | $173.1M | ||
| Q2 24 | — | $175.7M |
股东权益EXPOMCS
| Q1 26 | $338.3M | — | ||
| Q4 25 | $402.9M | $457.4M | ||
| Q3 25 | $427.8M | $454.3M | ||
| Q2 25 | $441.4M | $448.4M | ||
| Q1 25 | $421.1M | $441.8M | ||
| Q4 24 | — | $464.9M | ||
| Q3 24 | $410.3M | $462.3M | ||
| Q2 24 | $393.2M | $449.4M |
总资产EXPOMCS
| Q1 26 | $687.4M | — | ||
| Q4 25 | $761.4M | $1.0B | ||
| Q3 25 | $759.4M | $1.0B | ||
| Q2 25 | $763.2M | $1.0B | ||
| Q1 25 | $777.3M | $1.0B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $744.1M | $1.0B | ||
| Q2 24 | $709.2M | $1.1B |
负债/权益比EXPOMCS
| Q1 26 | — | — | ||
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.36× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.45× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.39× |
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 | — | $48.8M |
| 自由现金流经营现金流 - 资本支出 | — | $26.4M |
| 自由现金流率自由现金流/营收 | — | 13.6% |
| 资本支出强度资本支出/营收 | — | 11.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $989.0K |
8季度趋势，按日历期对齐
经营现金流EXPOMCS
| Q1 26 | — | — | ||
| Q4 25 | $32.7M | $48.8M | ||
| Q3 25 | $36.2M | $39.1M | ||
| Q2 25 | $7.3M | $31.6M | ||
| Q1 25 | $56.1M | $-35.3M | ||
| Q4 24 | — | $52.6M | ||
| Q3 24 | $29.7M | $30.5M | ||
| Q2 24 | $48.3M | $36.0M |
自由现金流EXPOMCS
| Q1 26 | — | — | ||
| Q4 25 | $30.0M | $26.4M | ||
| Q3 25 | $33.9M | $18.2M | ||
| Q2 25 | $5.5M | $14.7M | ||
| Q1 25 | $53.5M | $-58.3M | ||
| Q4 24 | — | $27.1M | ||
| Q3 24 | $28.0M | $12.0M | ||
| Q2 24 | $47.2M | $16.1M |
自由现金流率EXPOMCS
| Q1 26 | — | — | ||
| Q4 25 | 20.4% | 13.6% | ||
| Q3 25 | 23.9% | 8.7% | ||
| Q2 25 | 3.8% | 7.1% | ||
| Q1 25 | 39.1% | -39.2% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | 20.5% | 5.2% | ||
| Q2 24 | 33.6% | 9.2% |
资本支出强度EXPOMCS
| Q1 26 | — | — | ||
| Q4 25 | 1.8% | 11.6% | ||
| Q3 25 | 1.6% | 9.9% | ||
| Q2 25 | 1.2% | 8.2% | ||
| Q1 25 | 1.9% | 15.5% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | 1.3% | 7.9% | ||
| Q2 24 | 0.8% | 11.3% |
现金转化率EXPOMCS
| Q1 26 | — | — | ||
| Q4 25 | 1.16× | — | ||
| Q3 25 | 1.36× | 2.41× | ||
| Q2 25 | 0.27× | 4.32× | ||
| Q1 25 | 2.38× | — | ||
| Q4 24 | — | 53.31× | ||
| Q3 24 | 1.14× | 1.31× | ||
| Q2 24 | 1.65× | — |
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
EXPO
| Revenues before reimbursements | $151.8M | 91% |
| Reimbursements | $14.5M | 9% |
MCS
| Theatres | $123.1M | 64% |
| Concessions | $51.0M | 26% |
| Food And Beverage | $21.2M | 11% |
