vs
FIVE BELOW, INC（FIVE）与西蒙地产集团（SPG）财务数据对比。点击上方公司名可切换其他公司
西蒙地产集团的季度营收约是FIVE BELOW, INC的1.7倍（$1.8B vs $1.0B），西蒙地产集团净利率更高（197.6% vs 3.5%，领先194.1%），FIVE BELOW, INC同比增速更快（23.1% vs 13.2%），西蒙地产集团自由现金流更多（$948.8M vs $-133.2M），过去两年西蒙地产集团的营收复合增速更高（11.4% vs -11.9%）
Five Below是美国特色折扣礼品连锁品牌，2002年成立，总部位于宾夕法尼亚州费城，主要面向青少年消费群体，旗下绝大多数商品定价不超过5美元，另有少量精选商品最高定价40美元，目前在全美拥有超过1850家线下门店。
西蒙地产集团是美国头部房地产投资信托企业，核心投资范畴涵盖购物中心、奥特莱斯、社区及生活方式中心，是美国规模最大的购物中心持有方，总部位于印第安纳州印第安纳波利斯，截至2024年12月末共持有232处物业的相关权益。
FIVE vs SPG — 直观对比
营收规模更大
SPG
是对方的1.7倍
$1.0B
营收增速更快
FIVE
高出9.8%
13.2%
净利率更高
SPG
高出194.1%
3.5%
自由现金流更多
SPG
多$1.1B
$-133.2M
两年增速更快
SPG
近两年复合增速
-11.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.8B |
| 净利润 | $36.5M | $3.5B |
| 毛利率 | 33.8% | — |
| 营业利润率 | 4.2% | 49.7% |
| 净利率 | 3.5% | 197.6% |
| 营收同比 | 23.1% | 13.2% |
| 净利润同比 | 2063.9% | 358.7% |
| 每股收益（稀释后） | $0.66 | $9.34 |
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FIVESPG
| Q4 25 | $1.0B | $1.8B | ||
| Q3 25 | $1.0B | $1.6B | ||
| Q2 25 | $970.5M | $1.5B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $843.7M | $1.6B | ||
| Q3 24 | $830.1M | $1.5B | ||
| Q2 24 | $811.9M | $1.5B | ||
| Q1 24 | $1.3B | $1.4B |
净利润FIVESPG
| Q4 25 | $36.5M | $3.5B | ||
| Q3 25 | $42.8M | $702.7M | ||
| Q2 25 | $41.1M | $643.7M | ||
| Q1 25 | $187.5M | $477.9M | ||
| Q4 24 | $1.7M | $771.8M | ||
| Q3 24 | $33.0M | $546.7M | ||
| Q2 24 | $31.5M | $569.4M | ||
| Q1 24 | $202.2M | $841.2M |
毛利率FIVESPG
| Q4 25 | 33.8% | — | ||
| Q3 25 | 33.3% | — | ||
| Q2 25 | 33.4% | — | ||
| Q1 25 | 40.2% | — | ||
| Q4 24 | 30.6% | — | ||
| Q3 24 | 32.7% | — | ||
| Q2 24 | 32.5% | — | ||
| Q1 24 | 41.2% | — |
营业利润率FIVESPG
| Q4 25 | 4.2% | 49.7% | ||
| Q3 25 | 5.1% | 50.8% | ||
| Q2 25 | 5.2% | 49.7% | ||
| Q1 25 | 17.7% | 49.4% | ||
| Q4 24 | -0.1% | 52.8% | ||
| Q3 24 | 5.0% | 51.9% | ||
| Q2 24 | 4.5% | 51.7% | ||
| Q1 24 | 20.1% | 51.0% |
净利率FIVESPG
| Q4 25 | 3.5% | 197.6% | ||
| Q3 25 | 4.2% | 43.9% | ||
| Q2 25 | 4.2% | 43.0% | ||
| Q1 25 | 13.5% | 32.4% | ||
| Q4 24 | 0.2% | 48.8% | ||
| Q3 24 | 4.0% | 36.9% | ||
| Q2 24 | 3.9% | 39.0% | ||
| Q1 24 | 15.1% | 58.3% |
每股收益（稀释后）FIVESPG
| Q4 25 | $0.66 | $9.34 | ||
| Q3 25 | $0.77 | $1.86 | ||
| Q2 25 | $0.75 | $1.70 | ||
| Q1 25 | $3.40 | $1.27 | ||
| Q4 24 | $0.03 | $2.04 | ||
| Q3 24 | $0.60 | $1.46 | ||
| Q2 24 | $0.57 | $1.51 | ||
| Q1 24 | $3.64 | $2.25 |
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 | $524.5M | $823.1M |
| 总债务越低越好 | — | $28.4B |
| 股东权益账面价值 | $2.0B | $5.2B |
| 总资产 | $4.8B | $40.6B |
| 负债/权益比越低杠杆越低 | — | 5.46× |
8季度趋势，按日历期对齐
现金及短期投资FIVESPG
| Q4 25 | $524.5M | $823.1M | ||
| Q3 25 | $670.2M | $1.6B | ||
| Q2 25 | $624.0M | $1.2B | ||
| Q1 25 | $528.8M | $1.4B | ||
| Q4 24 | $216.6M | $1.4B | ||
| Q3 24 | $327.7M | $2.5B | ||
| Q2 24 | $369.6M | $2.5B | ||
| Q1 24 | $460.1M | $2.6B |
总债务FIVESPG
| Q4 25 | — | $28.4B | ||
| Q3 25 | — | $25.8B | ||
| Q2 25 | — | $25.4B | ||
| Q1 25 | — | $24.8B | ||
| Q4 24 | — | $24.3B | ||
| Q3 24 | — | $25.4B | ||
| Q2 24 | — | $25.3B | ||
| Q1 24 | — | $25.5B |
股东权益FIVESPG
| Q4 25 | $2.0B | $5.2B | ||
| Q3 25 | $1.9B | $2.3B | ||
| Q2 25 | $1.9B | $2.5B | ||
| Q1 25 | $1.8B | $2.6B | ||
| Q4 24 | $1.6B | $2.9B | ||
| Q3 24 | $1.6B | $2.7B | ||
| Q2 24 | $1.6B | $2.9B | ||
| Q1 24 | $1.6B | $3.1B |
总资产FIVESPG
| Q4 25 | $4.8B | $40.6B | ||
| Q3 25 | $4.6B | $33.6B | ||
| Q2 25 | $4.5B | $33.3B | ||
| Q1 25 | $4.3B | $32.5B | ||
| Q4 24 | $4.2B | $32.4B | ||
| Q3 24 | $4.0B | $33.3B | ||
| Q2 24 | $3.9B | $33.4B | ||
| Q1 24 | $3.9B | $33.7B |
负债/权益比FIVESPG
| Q4 25 | — | 5.46× | ||
| Q3 25 | — | 10.98× | ||
| Q2 25 | — | 10.36× | ||
| Q1 25 | — | 9.50× | ||
| Q4 24 | — | 8.25× | ||
| Q3 24 | — | 9.37× | ||
| Q2 24 | — | 8.59× | ||
| Q1 24 | — | 8.22× |
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 | $-80.1M | $1.2B |
| 自由现金流经营现金流 - 资本支出 | $-133.2M | $948.8M |
| 自由现金流率自由现金流/营收 | -12.8% | 53.0% |
| 资本支出强度资本支出/营收 | 5.1% | 14.2% |
| 现金转化率经营现金流/净利润 | -2.19× | 0.34× |
| 过去12个月自由现金流最近4个季度 | $323.0M | $3.2B |
8季度趋势，按日历期对齐
经营现金流FIVESPG
| Q4 25 | $-80.1M | $1.2B | ||
| Q3 25 | $93.0M | $890.3M | ||
| Q2 25 | $132.7M | $1.2B | ||
| Q1 25 | $363.5M | $827.2M | ||
| Q4 24 | $-30.6M | $1.1B | ||
| Q3 24 | $71.3M | $892.9M | ||
| Q2 24 | $26.4M | $1.1B | ||
| Q1 24 | $407.7M | $773.1M |
自由现金流FIVESPG
| Q4 25 | $-133.2M | $948.8M | ||
| Q3 25 | $48.3M | $685.0M | ||
| Q2 25 | $96.5M | $971.3M | ||
| Q1 25 | $311.4M | $597.0M | ||
| Q4 24 | $-111.0M | $867.7M | ||
| Q3 24 | $-32.4M | $706.5M | ||
| Q2 24 | $-61.4M | $874.8M | ||
| Q1 24 | $304.6M | $610.1M |
自由现金流率FIVESPG
| Q4 25 | -12.8% | 53.0% | ||
| Q3 25 | 4.7% | 42.8% | ||
| Q2 25 | 9.9% | 64.8% | ||
| Q1 25 | 22.4% | 40.5% | ||
| Q4 24 | -13.2% | 54.8% | ||
| Q3 24 | -3.9% | 47.7% | ||
| Q2 24 | -7.6% | 60.0% | ||
| Q1 24 | 22.8% | 42.3% |
资本支出强度FIVESPG
| Q4 25 | 5.1% | 14.2% | ||
| Q3 25 | 4.4% | 12.8% | ||
| Q2 25 | 3.7% | 16.3% | ||
| Q1 25 | 3.7% | 15.6% | ||
| Q4 24 | 9.5% | 13.8% | ||
| Q3 24 | 12.5% | 12.6% | ||
| Q2 24 | 10.8% | 12.9% | ||
| Q1 24 | 7.7% | 11.3% |
现金转化率FIVESPG
| Q4 25 | -2.19× | 0.34× | ||
| Q3 25 | 2.17× | 1.27× | ||
| Q2 25 | 3.22× | 1.89× | ||
| Q1 25 | 1.94× | 1.73× | ||
| Q4 24 | -18.13× | 1.41× | ||
| Q3 24 | 2.16× | 1.63× | ||
| Q2 24 | 0.84× | 1.87× | ||
| Q1 24 | 2.02× | 0.92× |
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
FIVE
暂无分部数据
SPG
| Real Estate Segment | $1.7B | 95% |
| Other | $86.3M | 5% |
