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化石集团（FOSL）与Regency Centers（REG）财务数据对比。点击上方公司名可切换其他公司
Regency Centers的季度营收约是化石集团的1.5倍（$404.2M vs $270.2M），Regency Centers净利率更高（50.1% vs -14.8%，领先64.9%），Regency Centers同比增速更快（8.5% vs -21.1%），过去两年Regency Centers的营收复合增速更高（5.4% vs -11.4%）
化石集团是1984年成立的美国时尚设计制造企业，总部位于得克萨斯州理查森。集团旗下拥有Fossil、Relic、Michele Watch、Skagen、Zodiac Watches等多个品牌，同时也为宝马、彪马、阿玛尼、迈克高仕、DKNY等多个知名品牌代工生产授权配饰。
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
FOSL vs REG — 直观对比
营收规模更大
REG
是对方的1.5倍
$270.2M
营收增速更快
REG
高出29.6%
-21.1%
净利率更高
REG
高出64.9%
-14.8%
两年增速更快
REG
近两年复合增速
-11.4%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.2M | $404.2M |
| 净利润 | $-40.0M | $202.5M |
| 毛利率 | 49.0% | — |
| 营业利润率 | -8.0% | 71.0% |
| 净利率 | -14.8% | 50.1% |
| 营收同比 | -21.1% | 8.5% |
| 净利润同比 | -257.8% | 134.1% |
| 每股收益（稀释后） | $-0.76 | — |
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FOSLREG
| Q4 25 | $270.2M | $404.2M | ||
| Q3 25 | $220.4M | $387.6M | ||
| Q2 25 | $233.3M | $380.8M | ||
| Q1 25 | — | $380.9M | ||
| Q4 24 | $342.3M | $372.5M | ||
| Q3 24 | $287.8M | $360.3M | ||
| Q2 24 | $260.0M | $357.3M | ||
| Q1 24 | $254.9M | $363.9M |
净利润FOSLREG
| Q4 25 | $-40.0M | $202.5M | ||
| Q3 25 | $-2.1M | $109.4M | ||
| Q2 25 | $-17.9M | $106.0M | ||
| Q1 25 | — | $109.6M | ||
| Q4 24 | $-11.2M | $86.5M | ||
| Q3 24 | $-31.9M | $101.5M | ||
| Q2 24 | $-38.8M | $102.7M | ||
| Q1 24 | $-24.3M | $109.8M |
毛利率FOSLREG
| Q4 25 | 49.0% | — | ||
| Q3 25 | 57.5% | — | ||
| Q2 25 | 61.3% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 53.9% | — | ||
| Q3 24 | 49.4% | — | ||
| Q2 24 | 52.6% | — | ||
| Q1 24 | 52.4% | — |
营业利润率FOSLREG
| Q4 25 | -8.0% | 71.0% | ||
| Q3 25 | 3.9% | 72.7% | ||
| Q2 25 | -2.9% | 73.8% | ||
| Q1 25 | — | 71.8% | ||
| Q4 24 | -4.8% | 71.1% | ||
| Q3 24 | -8.5% | 72.5% | ||
| Q2 24 | -13.1% | 72.3% | ||
| Q1 24 | -11.5% | 72.3% |
净利率FOSLREG
| Q4 25 | -14.8% | 50.1% | ||
| Q3 25 | -1.0% | 28.2% | ||
| Q2 25 | -7.7% | 27.8% | ||
| Q1 25 | — | 28.8% | ||
| Q4 24 | -3.3% | 23.2% | ||
| Q3 24 | -11.1% | 28.2% | ||
| Q2 24 | -14.9% | 28.7% | ||
| Q1 24 | -9.5% | 30.2% |
每股收益（稀释后）FOSLREG
| Q4 25 | $-0.76 | — | ||
| Q3 25 | $-0.04 | — | ||
| Q2 25 | $-0.33 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-0.15 | — | ||
| Q3 24 | $-0.60 | — | ||
| Q2 24 | $-0.73 | — | ||
| Q1 24 | $-0.46 | — |
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 | $79.2M | — |
| 总债务越低越好 | $169.1M | $4.7B |
| 股东权益账面价值 | $112.6M | $6.9B |
| 总资产 | $701.0M | $13.0B |
| 负债/权益比越低杠杆越低 | 1.50× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资FOSLREG
| Q4 25 | $79.2M | — | ||
| Q3 25 | $109.9M | — | ||
| Q2 25 | $78.3M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $123.6M | — | ||
| Q3 24 | $106.3M | — | ||
| Q2 24 | $104.9M | — | ||
| Q1 24 | $112.9M | — |
总债务FOSLREG
| Q4 25 | $169.1M | $4.7B | ||
| Q3 25 | $165.6M | $4.9B | ||
| Q2 25 | $167.2M | $4.8B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | $162.7M | $4.4B | ||
| Q3 24 | $173.4M | $4.4B | ||
| Q2 24 | $156.5M | $4.4B | ||
| Q1 24 | $202.9M | $4.4B |
股东权益FOSLREG
| Q4 25 | $112.6M | $6.9B | ||
| Q3 25 | $150.3M | $6.8B | ||
| Q2 25 | $140.6M | $6.7B | ||
| Q1 25 | — | $6.7B | ||
| Q4 24 | $148.7M | $6.7B | ||
| Q3 24 | $164.4M | $6.8B | ||
| Q2 24 | $189.6M | $6.8B | ||
| Q1 24 | $229.1M | $7.0B |
总资产FOSLREG
| Q4 25 | $701.0M | $13.0B | ||
| Q3 25 | $704.5M | $13.1B | ||
| Q2 25 | $686.0M | $12.7B | ||
| Q1 25 | — | $12.6B | ||
| Q4 24 | $763.6M | $12.4B | ||
| Q3 24 | $812.4M | $12.4B | ||
| Q2 24 | $785.7M | $12.4B | ||
| Q1 24 | $891.0M | $12.7B |
负债/权益比FOSLREG
| Q4 25 | 1.50× | 0.69× | ||
| Q3 25 | 1.10× | 0.72× | ||
| Q2 25 | 1.19× | 0.72× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | 1.09× | 0.66× | ||
| Q3 24 | 1.06× | 0.65× | ||
| Q2 24 | 0.83× | 0.64× | ||
| Q1 24 | 0.89× | 0.63× |
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 | $-22.2M | $203.9M |
| 自由现金流经营现金流 - 资本支出 | $-22.5M | — |
| 自由现金流率自由现金流/营收 | -8.3% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | — | 1.01× |
| 过去12个月自由现金流最近4个季度 | $-46.0M | — |
8季度趋势，按日历期对齐
经营现金流FOSLREG
| Q4 25 | $-22.2M | $203.9M | ||
| Q3 25 | $9.4M | $218.7M | ||
| Q2 25 | $-60.4M | $244.0M | ||
| Q1 25 | — | $161.0M | ||
| Q4 24 | $30.5M | $191.4M | ||
| Q3 24 | $-22.8M | $227.6M | ||
| Q2 24 | $38.4M | $203.5M | ||
| Q1 24 | $622.0K | $167.8M |
自由现金流FOSLREG
| Q4 25 | $-22.5M | — | ||
| Q3 25 | $8.6M | — | ||
| Q2 25 | $-60.6M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $28.5M | — | ||
| Q3 24 | $-24.1M | — | ||
| Q2 24 | $36.6M | — | ||
| Q1 24 | $-1.1M | — |
自由现金流率FOSLREG
| Q4 25 | -8.3% | — | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | -26.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | -8.4% | — | ||
| Q2 24 | 14.1% | — | ||
| Q1 24 | -0.4% | — |
资本支出强度FOSLREG
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 0.7% | — |
现金转化率FOSLREG
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | 2.00× | ||
| Q2 25 | — | 2.30× | ||
| Q1 25 | — | 1.47× | ||
| Q4 24 | — | 2.21× | ||
| Q3 24 | — | 2.24× | ||
| Q2 24 | — | 1.98× | ||
| Q1 24 | — | 1.53× |
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
FOSL
| Transferred At Point In Time | $109.7M | 41% |
| Traditional Watches | $91.3M | 34% |
| Other | $50.8M | 19% |
| Leathers | $9.5M | 4% |
| Jewelry | $4.0M | 1% |
| Smartwatches | $3.3M | 1% |
| Products Other | $1.6M | 1% |
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
