vs
六旗（FUN）与Kodiak Gas Services, Inc.（KGS）财务数据对比。点击上方公司名可切换其他公司
Kodiak Gas Services, Inc.的季度营收约是六旗的1.5倍（$332.9M vs $225.6M），Kodiak Gas Services, Inc.净利率更高（7.4% vs -119.0%，领先126.4%），六旗同比增速更快（11.7% vs 7.5%）
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
Kodiak Gas Services是北美知名的天然气压缩服务供应商，主要服务油气行业上下游客户，提供定制化压缩设备、运维及运营支持，帮助客户优化陆上天然气收集、处理与运输全流程的运营效率。
FUN vs KGS — 直观对比
营收规模更大
KGS
是对方的1.5倍
$225.6M
营收增速更快
FUN
高出4.1%
7.5%
净利率更高
KGS
高出126.4%
-119.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $332.9M |
| 净利润 | $-268.6M | $24.6M |
| 毛利率 | — | — |
| 营业利润率 | — | 26.1% |
| 净利率 | -119.0% | 7.4% |
| 营收同比 | 11.7% | 7.5% |
| 净利润同比 | -22.2% | 29.0% |
| 每股收益（稀释后） | — | $0.30 |
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FUNKGS
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $332.9M | ||
| Q3 25 | $1.3B | $322.7M | ||
| Q2 25 | $930.4M | $322.8M | ||
| Q1 25 | $202.1M | $329.6M | ||
| Q4 24 | — | $309.5M | ||
| Q3 24 | $1.3B | $324.6M | ||
| Q2 24 | $571.6M | $309.7M |
净利润FUNKGS
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $24.6M | ||
| Q3 25 | $-1.2B | $-14.0M | ||
| Q2 25 | $-99.6M | $39.5M | ||
| Q1 25 | $-219.7M | $30.4M | ||
| Q4 24 | — | $19.1M | ||
| Q3 24 | $111.0M | $-5.6M | ||
| Q2 24 | $55.6M | $6.2M |
毛利率FUNKGS
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | — | ||
| Q3 25 | 91.6% | — | ||
| Q2 25 | 91.3% | — | ||
| Q1 25 | 89.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 91.9% | 37.5% | ||
| Q2 24 | 90.7% | 36.5% |
营业利润率FUNKGS
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 26.1% | ||
| Q3 25 | -83.7% | 19.9% | ||
| Q2 25 | 8.0% | 30.9% | ||
| Q1 25 | -158.9% | 27.1% | ||
| Q4 24 | — | 22.3% | ||
| Q3 24 | 19.5% | 20.4% | ||
| Q2 24 | 21.6% | 17.5% |
净利率FUNKGS
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | 7.4% | ||
| Q3 25 | -90.1% | -4.3% | ||
| Q2 25 | -10.7% | 12.2% | ||
| Q1 25 | -108.7% | 9.2% | ||
| Q4 24 | — | 6.2% | ||
| Q3 24 | 8.2% | -1.7% | ||
| Q2 24 | 9.7% | 2.0% |
每股收益（稀释后）FUNKGS
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $0.30 | ||
| Q3 25 | $-11.77 | $-0.17 | ||
| Q2 25 | $-0.99 | $0.43 | ||
| Q1 25 | $-2.20 | $0.33 | ||
| Q4 24 | — | $0.18 | ||
| Q3 24 | $1.10 | $-0.07 | ||
| Q2 24 | — | $0.06 |
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 | $116.5M | $3.2M |
| 总债务越低越好 | — | $2.6B |
| 股东权益账面价值 | $279.2M | $1.2B |
| 总资产 | $7.7B | $4.3B |
| 负债/权益比越低杠杆越低 | — | 2.12× |
8季度趋势，按日历期对齐
现金及短期投资FUNKGS
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $3.2M | ||
| Q3 25 | $70.7M | $724.0K | ||
| Q2 25 | $107.4M | $5.4M | ||
| Q1 25 | $61.5M | $1.9M | ||
| Q4 24 | — | $4.8M | ||
| Q3 24 | $89.7M | $7.4M | ||
| Q2 24 | $52.9M | $3.9M |
总债务FUNKGS
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | $2.6B | ||
| Q3 25 | $5.0B | $2.6B | ||
| Q2 25 | $5.3B | $2.5B | ||
| Q1 25 | $5.0B | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | $4.6B | $2.6B | ||
| Q2 24 | $2.3B | $2.5B |
股东权益FUNKGS
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $1.2B | ||
| Q3 25 | $614.3M | $1.3B | ||
| Q2 25 | $1.8B | $1.3B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | $2.3B | $1.4B | ||
| Q2 24 | — | $1.5B |
总资产FUNKGS
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $4.3B | ||
| Q3 25 | $7.9B | $4.4B | ||
| Q2 25 | $9.5B | $4.4B | ||
| Q1 25 | $9.2B | $4.4B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | $9.4B | $4.5B | ||
| Q2 24 | $2.3B | $4.4B |
负债/权益比FUNKGS
| Q1 26 | — | — | ||
| Q4 25 | 9.40× | 2.12× | ||
| Q3 25 | 8.16× | 2.08× | ||
| Q2 25 | 2.97× | 1.89× | ||
| Q1 25 | 2.75× | 1.91× | ||
| Q4 24 | — | 1.88× | ||
| Q3 24 | 1.95× | 1.86× | ||
| Q2 24 | — | 1.71× |
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 | — | $194.9M |
| 自由现金流经营现金流 - 资本支出 | — | $142.0M |
| 自由现金流率自由现金流/营收 | — | 42.7% |
| 资本支出强度资本支出/营收 | — | 15.9% |
| 现金转化率经营现金流/净利润 | — | 7.91× |
| 过去12个月自由现金流最近4个季度 | — | $284.3M |
8季度趋势，按日历期对齐
经营现金流FUNKGS
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $194.9M | ||
| Q3 25 | $356.2M | $113.4M | ||
| Q2 25 | $187.0M | $177.2M | ||
| Q1 25 | $-178.0M | $114.3M | ||
| Q4 24 | — | $118.5M | ||
| Q3 24 | $337.4M | $36.9M | ||
| Q2 24 | — | $121.1M |
自由现金流FUNKGS
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $142.0M | ||
| Q3 25 | $256.2M | $10.9M | ||
| Q2 25 | $18.8M | $94.6M | ||
| Q1 25 | $-318.0M | $36.8M | ||
| Q4 24 | — | $45.2M | ||
| Q3 24 | $227.7M | $-49.7M | ||
| Q2 24 | — | $4.0M |
自由现金流率FUNKGS
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 42.7% | ||
| Q3 25 | 19.4% | 3.4% | ||
| Q2 25 | 2.0% | 29.3% | ||
| Q1 25 | -157.4% | 11.2% | ||
| Q4 24 | — | 14.6% | ||
| Q3 24 | 16.9% | -15.3% | ||
| Q2 24 | — | 1.3% |
资本支出强度FUNKGS
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 15.9% | ||
| Q3 25 | 7.6% | 31.7% | ||
| Q2 25 | 18.1% | 25.6% | ||
| Q1 25 | 69.3% | 23.5% | ||
| Q4 24 | — | 23.7% | ||
| Q3 24 | 8.1% | 26.7% | ||
| Q2 24 | — | 37.8% |
现金转化率FUNKGS
| Q1 26 | — | — | ||
| Q4 25 | — | 7.91× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.49× | ||
| Q1 25 | — | 3.76× | ||
| Q4 24 | — | 6.21× | ||
| Q3 24 | 3.04× | — | ||
| Q2 24 | — | 19.44× |
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
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
KGS
| Other Services | $126.8M | 38% |
| Other | $112.2M | 34% |
| Transferred At Point In Time | $93.8M | 28% |
