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六旗（FUN）与KEMPER Corp（KMPR）财务数据对比。点击上方公司名可切换其他公司
KEMPER Corp的季度营收约是六旗的5.0倍（$1.1B vs $225.6M），KEMPER Corp净利率更高（-0.7% vs -119.0%，领先118.3%），六旗同比增速更快（11.7% vs -4.7%）
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。
坎伯公司（Kemper Corporation）是总部位于美国伊利诺伊州芝加哥的保险服务商，总资产近130亿美元，旗下品牌矩阵为个人、家庭及企业客户提供多元保险产品服务。
FUN vs KMPR — 直观对比
营收规模更大
KMPR
是对方的5.0倍
$225.6M
营收增速更快
FUN
高出16.3%
-4.7%
净利率更高
KMPR
高出118.3%
-119.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $1.1B |
| 净利润 | $-268.6M | $-8.0M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | -119.0% | -0.7% |
| 营收同比 | 11.7% | -4.7% |
| 净利润同比 | -22.2% | -108.2% |
| 每股收益（稀释后） | — | $-0.03 |
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FUNKMPR
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $1.1B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | $930.4M | $1.2B | ||
| Q1 25 | $202.1M | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $571.6M | $1.1B |
净利润FUNKMPR
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $-8.0M | ||
| Q3 25 | $-1.2B | $-21.0M | ||
| Q2 25 | $-99.6M | $72.6M | ||
| Q1 25 | $-219.7M | $99.7M | ||
| Q4 24 | — | $97.4M | ||
| Q3 24 | $111.0M | $73.7M | ||
| Q2 24 | $55.6M | $75.4M |
毛利率FUNKMPR
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | — | ||
| Q3 25 | 91.6% | — | ||
| Q2 25 | 91.3% | — | ||
| Q1 25 | 89.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 91.9% | — | ||
| Q2 24 | 90.7% | — |
营业利润率FUNKMPR
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | — | ||
| Q3 25 | -83.7% | — | ||
| Q2 25 | 8.0% | — | ||
| Q1 25 | -158.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 19.5% | 11.2% | ||
| Q2 24 | 21.6% | 10.1% |
净利率FUNKMPR
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | -0.7% | ||
| Q3 25 | -90.1% | -1.7% | ||
| Q2 25 | -10.7% | 5.9% | ||
| Q1 25 | -108.7% | 8.4% | ||
| Q4 24 | — | 8.2% | ||
| Q3 24 | 8.2% | 6.3% | ||
| Q2 24 | 9.7% | 6.7% |
每股收益（稀释后）FUNKMPR
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $-0.03 | ||
| Q3 25 | $-11.77 | $-0.34 | ||
| Q2 25 | $-0.99 | $1.12 | ||
| Q1 25 | $-2.20 | $1.54 | ||
| Q4 24 | — | $1.51 | ||
| Q3 24 | $1.10 | $1.14 | ||
| Q2 24 | — | $1.16 |
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 | — |
| 总债务越低越好 | — | $943.5M |
| 股东权益账面价值 | $279.2M | $2.7B |
| 总资产 | $7.7B | $12.5B |
| 负债/权益比越低杠杆越低 | — | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资FUNKMPR
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | — | ||
| Q3 25 | $70.7M | $371.2M | ||
| Q2 25 | $107.4M | $407.6M | ||
| Q1 25 | $61.5M | $545.3M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $89.7M | $696.9M | ||
| Q2 24 | $52.9M | $539.1M |
总债务FUNKMPR
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | $943.5M | ||
| Q3 25 | $5.0B | $943.1M | ||
| Q2 25 | $5.3B | $942.6M | ||
| Q1 25 | $5.0B | $942.1M | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | $4.6B | $1.4B | ||
| Q2 24 | $2.3B | $1.4B |
股东权益FUNKMPR
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $2.7B | ||
| Q3 25 | $614.3M | $2.7B | ||
| Q2 25 | $1.8B | $370.0M | ||
| Q1 25 | $1.8B | $366.0M | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | $2.3B | $2.8B | ||
| Q2 24 | — | $358.0M |
总资产FUNKMPR
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $12.5B | ||
| Q3 25 | $7.9B | $12.4B | ||
| Q2 25 | $9.5B | $12.6B | ||
| Q1 25 | $9.2B | $12.5B | ||
| Q4 24 | — | $12.6B | ||
| Q3 24 | $9.4B | $12.6B | ||
| Q2 24 | $2.3B | $12.6B |
负债/权益比FUNKMPR
| Q1 26 | — | — | ||
| Q4 25 | 9.40× | 0.35× | ||
| Q3 25 | 8.16× | 0.35× | ||
| Q2 25 | 2.97× | 2.55× | ||
| Q1 25 | 2.75× | 2.57× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | 1.95× | 0.50× | ||
| Q2 24 | — | 3.88× |
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 | — | $175.0M |
| 自由现金流经营现金流 - 资本支出 | — | $166.2M |
| 自由现金流率自由现金流/营收 | — | 14.7% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 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 | — | $553.9M |
8季度趋势，按日历期对齐
经营现金流FUNKMPR
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $175.0M | ||
| Q3 25 | $356.2M | $139.9M | ||
| Q2 25 | $187.0M | $89.6M | ||
| Q1 25 | $-178.0M | $180.0M | ||
| Q4 24 | — | $175.1M | ||
| Q3 24 | $337.4M | $141.9M | ||
| Q2 24 | — | $22.9M |
自由现金流FUNKMPR
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $166.2M | ||
| Q3 25 | $256.2M | $133.4M | ||
| Q2 25 | $18.8M | $82.0M | ||
| Q1 25 | $-318.0M | $172.3M | ||
| Q4 24 | — | $165.4M | ||
| Q3 24 | $227.7M | $131.4M | ||
| Q2 24 | — | $5.2M |
自由现金流率FUNKMPR
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 14.7% | ||
| Q3 25 | 19.4% | 10.8% | ||
| Q2 25 | 2.0% | 6.7% | ||
| Q1 25 | -157.4% | 14.4% | ||
| Q4 24 | — | 13.9% | ||
| Q3 24 | 16.9% | 11.1% | ||
| Q2 24 | — | 0.5% |
资本支出强度FUNKMPR
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 0.8% | ||
| Q3 25 | 7.6% | 0.5% | ||
| Q2 25 | 18.1% | 0.6% | ||
| Q1 25 | 69.3% | 0.6% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | 8.1% | 0.9% | ||
| Q2 24 | — | 1.6% |
现金转化率FUNKMPR
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | — | 1.80× | ||
| Q3 24 | 3.04× | 1.93× | ||
| Q2 24 | — | 0.30× |
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% |
KMPR
| Specialty Property Casualty Insurance Segment | $995.1M | 88% |
| Life Insurance Segment1 | $140.7M | 12% |
