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FIVE BELOW, INC（FIVE）与盛思阳（TSE）财务数据对比。点击上方公司名可切换其他公司
FIVE BELOW, INC的季度营收约是盛思阳的1.6倍（$1.0B vs $662.6M），FIVE BELOW, INC净利率更高（3.5% vs -37.9%，领先41.5%），FIVE BELOW, INC同比增速更快（23.1% vs -19.3%），盛思阳自由现金流更多（$6.6M vs $-133.2M），过去两年FIVE BELOW, INC的营收复合增速更高（-11.9% vs -14.4%）
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。
盛思阳（Trinseo）是一家专注于塑料与乳胶粘合剂生产的材料企业。该公司原隶属于陶氏化学公司，2009年陶氏将其分拆待售，2010年相关资产以斯泰隆（Styron）之名作价16.3亿美元出售给贝恩资本。2016年贝恩清仓全部持股， Trinseo自此成为完全独立的公众上市公司。
FIVE vs TSE — 直观对比
营收规模更大
FIVE
是对方的1.6倍
$662.6M
营收增速更快
FIVE
高出42.4%
-19.3%
净利率更高
FIVE
高出41.5%
-37.9%
自由现金流更多
TSE
多$139.8M
$-133.2M
两年增速更快
FIVE
近两年复合增速
-14.4%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $662.6M |
| 净利润 | $36.5M | $-251.4M |
| 毛利率 | 33.8% | 4.2% |
| 营业利润率 | 4.2% | -24.7% |
| 净利率 | 3.5% | -37.9% |
| 营收同比 | 23.1% | -19.3% |
| 净利润同比 | 2063.9% | -113.2% |
| 每股收益（稀释后） | $0.66 | $-7.02 |
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FIVETSE
| Q4 25 | $1.0B | $662.6M | ||
| Q3 25 | $1.0B | $743.2M | ||
| Q2 25 | $970.5M | $784.3M | ||
| Q1 25 | $1.4B | $784.8M | ||
| Q4 24 | $843.7M | $821.5M | ||
| Q3 24 | $830.1M | $867.7M | ||
| Q2 24 | $811.9M | $920.0M | ||
| Q1 24 | $1.3B | $904.0M |
净利润FIVETSE
| Q4 25 | $36.5M | $-251.4M | ||
| Q3 25 | $42.8M | $-109.7M | ||
| Q2 25 | $41.1M | $-105.5M | ||
| Q1 25 | $187.5M | $-79.0M | ||
| Q4 24 | $1.7M | $-117.9M | ||
| Q3 24 | $33.0M | $-87.3M | ||
| Q2 24 | $31.5M | $-67.8M | ||
| Q1 24 | $202.2M | $-75.5M |
毛利率FIVETSE
| Q4 25 | 33.8% | 4.2% | ||
| Q3 25 | 33.3% | 5.0% | ||
| Q2 25 | 33.4% | 4.7% | ||
| Q1 25 | 40.2% | 8.1% | ||
| Q4 24 | 30.6% | 6.8% | ||
| Q3 24 | 32.7% | 9.3% | ||
| Q2 24 | 32.5% | 7.4% | ||
| Q1 24 | 41.2% | 6.7% |
营业利润率FIVETSE
| Q4 25 | 4.2% | -24.7% | ||
| Q3 25 | 5.1% | -3.8% | ||
| Q2 25 | 5.2% | -4.2% | ||
| Q1 25 | 17.7% | -3.7% | ||
| Q4 24 | -0.1% | -5.4% | ||
| Q3 24 | 5.0% | -1.4% | ||
| Q2 24 | 4.5% | 1.5% | ||
| Q1 24 | 20.1% | -0.4% |
净利率FIVETSE
| Q4 25 | 3.5% | -37.9% | ||
| Q3 25 | 4.2% | -14.8% | ||
| Q2 25 | 4.2% | -13.5% | ||
| Q1 25 | 13.5% | -10.1% | ||
| Q4 24 | 0.2% | -14.4% | ||
| Q3 24 | 4.0% | -10.1% | ||
| Q2 24 | 3.9% | -7.4% | ||
| Q1 24 | 15.1% | -8.4% |
每股收益（稀释后）FIVETSE
| Q4 25 | $0.66 | $-7.02 | ||
| Q3 25 | $0.77 | $-3.05 | ||
| Q2 25 | $0.75 | $-2.95 | ||
| Q1 25 | $3.40 | $-2.22 | ||
| Q4 24 | $0.03 | $-3.33 | ||
| Q3 24 | $0.60 | $-2.47 | ||
| Q2 24 | $0.57 | $-1.92 | ||
| Q1 24 | $3.64 | $-2.14 |
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 | $146.7M |
| 总债务越低越好 | — | $2.5B |
| 股东权益账面价值 | $2.0B | $-1.1B |
| 总资产 | $4.8B | $2.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FIVETSE
| Q4 25 | $524.5M | $146.7M | ||
| Q3 25 | $670.2M | $112.1M | ||
| Q2 25 | $624.0M | $137.0M | ||
| Q1 25 | $528.8M | $126.1M | ||
| Q4 24 | $216.6M | $209.8M | ||
| Q3 24 | $327.7M | $165.3M | ||
| Q2 24 | $369.6M | $105.6M | ||
| Q1 24 | $460.1M | $166.4M |
总债务FIVETSE
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.3B | ||
| Q1 24 | — | $2.3B |
股东权益FIVETSE
| Q4 25 | $2.0B | $-1.1B | ||
| Q3 25 | $1.9B | $-861.6M | ||
| Q2 25 | $1.9B | $-750.3M | ||
| Q1 25 | $1.8B | $-679.2M | ||
| Q4 24 | $1.6B | $-619.9M | ||
| Q3 24 | $1.6B | $-480.0M | ||
| Q2 24 | $1.6B | $-413.8M | ||
| Q1 24 | $1.6B | $-348.0M |
总资产FIVETSE
| Q4 25 | $4.8B | $2.3B | ||
| Q3 25 | $4.6B | $2.5B | ||
| Q2 25 | $4.5B | $2.6B | ||
| Q1 25 | $4.3B | $2.7B | ||
| Q4 24 | $4.2B | $2.6B | ||
| Q3 24 | $4.0B | $2.9B | ||
| Q2 24 | $3.9B | $2.8B | ||
| Q1 24 | $3.9B | $3.0B |
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 | $22.6M |
| 自由现金流经营现金流 - 资本支出 | $-133.2M | $6.6M |
| 自由现金流率自由现金流/营收 | -12.8% | 1.0% |
| 资本支出强度资本支出/营收 | 5.1% | 2.4% |
| 现金转化率经营现金流/净利润 | -2.19× | — |
| 过去12个月自由现金流最近4个季度 | $323.0M | $-153.4M |
8季度趋势，按日历期对齐
经营现金流FIVETSE
| Q4 25 | $-80.1M | $22.6M | ||
| Q3 25 | $93.0M | $-21.6M | ||
| Q2 25 | $132.7M | $6.8M | ||
| Q1 25 | $363.5M | $-110.2M | ||
| Q4 24 | $-30.6M | $85.1M | ||
| Q3 24 | $71.3M | $8.8M | ||
| Q2 24 | $26.4M | $-41.9M | ||
| Q1 24 | $407.7M | $-66.2M |
自由现金流FIVETSE
| Q4 25 | $-133.2M | $6.6M | ||
| Q3 25 | $48.3M | $-38.1M | ||
| Q2 25 | $96.5M | $-3.0M | ||
| Q1 25 | $311.4M | $-118.9M | ||
| Q4 24 | $-111.0M | $63.9M | ||
| Q3 24 | $-32.4M | $-3.4M | ||
| Q2 24 | $-61.4M | $-56.1M | ||
| Q1 24 | $304.6M | $-81.9M |
自由现金流率FIVETSE
| Q4 25 | -12.8% | 1.0% | ||
| Q3 25 | 4.7% | -5.1% | ||
| Q2 25 | 9.9% | -0.4% | ||
| Q1 25 | 22.4% | -15.2% | ||
| Q4 24 | -13.2% | 7.8% | ||
| Q3 24 | -3.9% | -0.4% | ||
| Q2 24 | -7.6% | -6.1% | ||
| Q1 24 | 22.8% | -9.1% |
资本支出强度FIVETSE
| Q4 25 | 5.1% | 2.4% | ||
| Q3 25 | 4.4% | 2.2% | ||
| Q2 25 | 3.7% | 1.2% | ||
| Q1 25 | 3.7% | 1.1% | ||
| Q4 24 | 9.5% | 2.6% | ||
| Q3 24 | 12.5% | 1.4% | ||
| Q2 24 | 10.8% | 1.5% | ||
| Q1 24 | 7.7% | 1.7% |
现金转化率FIVETSE
| Q4 25 | -2.19× | — | ||
| Q3 25 | 2.17× | — | ||
| Q2 25 | 3.22× | — | ||
| Q1 25 | 1.94× | — | ||
| Q4 24 | -18.13× | — | ||
| Q3 24 | 2.16× | — | ||
| Q2 24 | 0.84× | — | ||
| Q1 24 | 2.02× | — |
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
TSE
| Other | $325.2M | 49% |
| Asia Pacific | $142.2M | 21% |
| Engineered Materials | $105.0M | 16% |
| Latex | $59.9M | 9% |
| Polymer Solutions | $30.3M | 5% |
