vs
弗雷斯特研究公司（FORR）与MONARCH CASINO & RESORT INC（MCRI）财务数据对比。点击上方公司名可切换其他公司
MONARCH CASINO & RESORT INC的季度营收约是弗雷斯特研究公司的1.4倍（$136.6M vs $101.1M），MONARCH CASINO & RESORT INC净利率更高（20.2% vs -33.5%，领先53.7%），MONARCH CASINO & RESORT INC同比增速更快（8.9% vs -6.5%），过去两年MONARCH CASINO & RESORT INC的营收复合增速更高（3.2% vs 0.5%）
福雷斯特研究公司是一家全球领先的研究咨询机构，主营业务涵盖行业研究、管理咨询与行业峰会举办，客户群体包括全球大型企业、科技公司与消费领域领军企业，公司总部位于美国马萨诸塞州剑桥市。
君主赌场度假村集团是美国知名博彩度假企业，旗下运营位于内华达州里诺的亚特兰蒂斯赌场度假水疗中心。该物业设有三座酒店塔楼，共824间客房及套房，博彩区面积达64814平方英尺，是里诺当地盈利水平领先、定位高端的度假目的地，累计已投入近1.5亿美元用于设施升级。
FORR vs MCRI — 直观对比
营收规模更大
MCRI
是对方的1.4倍
$101.1M
营收增速更快
MCRI
高出15.4%
-6.5%
净利率更高
MCRI
高出53.7%
-33.5%
两年增速更快
MCRI
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $101.1M | $136.6M |
| 净利润 | $-33.9M | $27.6M |
| 毛利率 | 56.7% | — |
| 营业利润率 | -36.6% | 25.6% |
| 净利率 | -33.5% | 20.2% |
| 营收同比 | -6.5% | 8.9% |
| 净利润同比 | -7941.4% | 38.9% |
| 每股收益（稀释后） | $-1.75 | $1.52 |
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FORRMCRI
| Q1 26 | — | $136.6M | ||
| Q4 25 | $101.1M | $140.0M | ||
| Q3 25 | $94.3M | $142.8M | ||
| Q2 25 | $111.7M | $136.9M | ||
| Q1 25 | $89.9M | $125.4M | ||
| Q4 24 | $108.0M | $134.5M | ||
| Q3 24 | $102.5M | $137.9M | ||
| Q2 24 | $121.8M | $128.1M |
净利润FORRMCRI
| Q1 26 | — | $27.6M | ||
| Q4 25 | $-33.9M | $22.9M | ||
| Q3 25 | $-2.1M | $31.6M | ||
| Q2 25 | $3.9M | $27.0M | ||
| Q1 25 | $-87.3M | $19.9M | ||
| Q4 24 | $432.0K | $4.2M | ||
| Q3 24 | $-5.8M | $27.6M | ||
| Q2 24 | $6.3M | $22.7M |
毛利率FORRMCRI
| Q1 26 | — | — | ||
| Q4 25 | 56.7% | 20.8% | ||
| Q3 25 | 60.0% | 26.7% | ||
| Q2 25 | 55.5% | 25.5% | ||
| Q1 25 | 55.9% | 20.2% | ||
| Q4 24 | 58.8% | 2.9% | ||
| Q3 24 | 60.5% | 25.6% | ||
| Q2 24 | 57.3% | 23.0% |
营业利润率FORRMCRI
| Q1 26 | — | 25.6% | ||
| Q4 25 | -36.6% | 21.3% | ||
| Q3 25 | 4.7% | 27.1% | ||
| Q2 25 | 6.2% | 25.8% | ||
| Q1 25 | -97.5% | 20.4% | ||
| Q4 24 | -0.5% | 3.1% | ||
| Q3 24 | -0.7% | 25.5% | ||
| Q2 24 | 9.3% | 22.9% |
净利率FORRMCRI
| Q1 26 | — | 20.2% | ||
| Q4 25 | -33.5% | 16.4% | ||
| Q3 25 | -2.3% | 22.1% | ||
| Q2 25 | 3.5% | 19.7% | ||
| Q1 25 | -97.1% | 15.8% | ||
| Q4 24 | 0.4% | 3.1% | ||
| Q3 24 | -5.7% | 20.0% | ||
| Q2 24 | 5.2% | 17.7% |
每股收益（稀释后）FORRMCRI
| Q1 26 | — | $1.52 | ||
| Q4 25 | $-1.75 | $1.25 | ||
| Q3 25 | $-0.11 | $1.69 | ||
| Q2 25 | $0.20 | $1.44 | ||
| Q1 25 | $-4.62 | $1.05 | ||
| Q4 24 | $0.02 | $0.25 | ||
| Q3 24 | $-0.30 | $1.47 | ||
| Q2 24 | $0.33 | $1.19 |
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 | $63.3M | $120.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $126.5M | $549.8M |
| 总资产 | $404.0M | $725.2M |
| 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FORRMCRI
| Q1 26 | — | $120.1M | ||
| Q4 25 | $63.3M | — | ||
| Q3 25 | $65.1M | — | ||
| Q2 25 | $67.8M | — | ||
| Q1 25 | $75.6M | — | ||
| Q4 24 | $56.1M | — | ||
| Q3 24 | $62.8M | — | ||
| Q2 24 | $58.9M | — |
股东权益FORRMCRI
| Q1 26 | — | $549.8M | ||
| Q4 25 | $126.5M | $537.7M | ||
| Q3 25 | $157.7M | $558.4M | ||
| Q2 25 | $159.5M | $539.2M | ||
| Q1 25 | $147.4M | $535.6M | ||
| Q4 24 | $229.5M | $517.7M | ||
| Q3 24 | $234.3M | $513.3M | ||
| Q2 24 | $237.1M | $498.4M |
总资产FORRMCRI
| Q1 26 | — | $725.2M | ||
| Q4 25 | $404.0M | $712.8M | ||
| Q3 25 | $414.2M | $725.4M | ||
| Q2 25 | $436.0M | $705.8M | ||
| Q1 25 | $439.8M | $712.1M | ||
| Q4 24 | $503.9M | $691.6M | ||
| Q3 24 | $505.3M | $671.1M | ||
| Q2 24 | $524.2M | $672.4M |
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 | $-3.2M | — |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | — |
| 自由现金流率自由现金流/营收 | -4.2% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 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 | $18.1M | — |
8季度趋势，按日历期对齐
经营现金流FORRMCRI
| Q1 26 | — | — | ||
| Q4 25 | $-3.2M | $38.1M | ||
| Q3 25 | $1.2M | $56.0M | ||
| Q2 25 | $-3.6M | $34.1M | ||
| Q1 25 | $26.7M | $36.5M | ||
| Q4 24 | $-1.8M | $37.8M | ||
| Q3 24 | $264.0K | $40.3M | ||
| Q2 24 | $-2.9M | $24.3M |
自由现金流FORRMCRI
| Q1 26 | — | — | ||
| Q4 25 | $-4.3M | $32.2M | ||
| Q3 25 | $524.0K | $53.5M | ||
| Q2 25 | $-4.2M | $26.0M | ||
| Q1 25 | $26.1M | $16.6M | ||
| Q4 24 | $-2.5M | $26.2M | ||
| Q3 24 | $-223.0K | $35.4M | ||
| Q2 24 | $-3.7M | $11.0M |
自由现金流率FORRMCRI
| Q1 26 | — | — | ||
| Q4 25 | -4.2% | 23.0% | ||
| Q3 25 | 0.6% | 37.5% | ||
| Q2 25 | -3.8% | 19.0% | ||
| Q1 25 | 29.0% | 13.3% | ||
| Q4 24 | -2.3% | 19.5% | ||
| Q3 24 | -0.2% | 25.7% | ||
| Q2 24 | -3.1% | 8.5% |
资本支出强度FORRMCRI
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 4.2% | ||
| Q3 25 | 0.7% | 1.7% | ||
| Q2 25 | 0.5% | 5.9% | ||
| Q1 25 | 0.7% | 15.8% | ||
| Q4 24 | 0.6% | 8.6% | ||
| Q3 24 | 0.5% | 3.6% | ||
| Q2 24 | 0.7% | 10.4% |
现金转化率FORRMCRI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.66× | ||
| Q3 25 | — | 1.77× | ||
| Q2 25 | -0.93× | 1.26× | ||
| Q1 25 | — | 1.84× | ||
| Q4 24 | -4.24× | 8.98× | ||
| Q3 24 | — | 1.46× | ||
| Q2 24 | -0.46× | 1.07× |
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
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
MCRI
| Casino | $79.7M | 58% |
| Food and beverage | $31.7M | 23% |
| Hotel | $19.0M | 14% |
| Other | $6.1M | 5% |
