vs
六旗（FUN）与MUELLER INDUSTRIES INC（MLI）财务数据对比。点击上方公司名可切换其他公司
MUELLER INDUSTRIES INC的季度营收约是六旗的4.3倍（$962.4M vs $225.6M），MUELLER INDUSTRIES INC净利率更高（16.0% vs -119.0%，领先135.0%），六旗同比增速更快（11.7% vs 4.2%）
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。
Mueller Industries是美国知名工业制造企业，1917年正式成立，总部坐落于美国田纳西州孟菲斯市，主营管道产品、工业金属及暖通制冷设备，2022年入选《财富》1000强榜单，是年营收达数十亿美元的公开上市企业。
FUN vs MLI — 直观对比
营收规模更大
MLI
是对方的4.3倍
$225.6M
营收增速更快
FUN
高出7.5%
4.2%
净利率更高
MLI
高出135.0%
-119.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $962.4M |
| 净利润 | $-268.6M | $153.7M |
| 毛利率 | — | — |
| 营业利润率 | — | 17.9% |
| 净利率 | -119.0% | 16.0% |
| 营收同比 | 11.7% | 4.2% |
| 净利润同比 | -22.2% | 11.7% |
| 每股收益（稀释后） | — | $1.37 |
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FUNMLI
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $962.4M | ||
| Q3 25 | $1.3B | $1.1B | ||
| Q2 25 | $930.4M | $1.1B | ||
| Q1 25 | $202.1M | $1.0B | ||
| Q4 24 | — | $923.5M | ||
| Q3 24 | $1.3B | $997.8M | ||
| Q2 24 | $571.6M | $997.7M |
净利润FUNMLI
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $153.7M | ||
| Q3 25 | $-1.2B | $208.1M | ||
| Q2 25 | $-99.6M | $245.9M | ||
| Q1 25 | $-219.7M | $157.4M | ||
| Q4 24 | — | $137.7M | ||
| Q3 24 | $111.0M | $168.7M | ||
| Q2 24 | $55.6M | $160.2M |
毛利率FUNMLI
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | — | ||
| Q3 25 | 91.6% | — | ||
| Q2 25 | 91.3% | — | ||
| Q1 25 | 89.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 91.9% | 27.6% | ||
| Q2 24 | 90.7% | 27.3% |
营业利润率FUNMLI
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 17.9% | ||
| Q3 25 | -83.7% | 25.6% | ||
| Q2 25 | 8.0% | 26.7% | ||
| Q1 25 | -158.9% | 20.6% | ||
| Q4 24 | — | 18.4% | ||
| Q3 24 | 19.5% | 20.7% | ||
| Q2 24 | 21.6% | 21.0% |
净利率FUNMLI
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | 16.0% | ||
| Q3 25 | -90.1% | 19.3% | ||
| Q2 25 | -10.7% | 21.6% | ||
| Q1 25 | -108.7% | 15.7% | ||
| Q4 24 | — | 14.9% | ||
| Q3 24 | 8.2% | 16.9% | ||
| Q2 24 | 9.7% | 16.1% |
每股收益（稀释后）FUNMLI
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $1.37 | ||
| Q3 25 | $-11.77 | $1.88 | ||
| Q2 25 | $-0.99 | $2.22 | ||
| Q1 25 | $-2.20 | $1.39 | ||
| Q4 24 | — | $1.21 | ||
| Q3 24 | $1.10 | $1.48 | ||
| Q2 24 | — | $1.41 |
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 | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $3.2B |
| 总资产 | $7.7B | $3.7B |
| 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FUNMLI
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $1.4B | ||
| Q3 25 | $70.7M | $1.3B | ||
| Q2 25 | $107.4M | $1.1B | ||
| Q1 25 | $61.5M | $873.6M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $89.7M | $969.6M | ||
| Q2 24 | $52.9M | $825.7M |
总债务FUNMLI
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $5.3B | — | ||
| Q1 25 | $5.0B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $2.3B | — |
股东权益FUNMLI
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $3.2B | ||
| Q3 25 | $614.3M | $3.1B | ||
| Q2 25 | $1.8B | $2.9B | ||
| Q1 25 | $1.8B | $2.7B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | $2.3B | $2.7B | ||
| Q2 24 | — | $2.5B |
总资产FUNMLI
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $3.7B | ||
| Q3 25 | $7.9B | $3.7B | ||
| Q2 25 | $9.5B | $3.5B | ||
| Q1 25 | $9.2B | $3.2B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | $9.4B | $3.2B | ||
| Q2 24 | $2.3B | $3.1B |
负债/权益比FUNMLI
| Q1 26 | — | — | ||
| Q4 25 | 9.40× | — | ||
| Q3 25 | 8.16× | — | ||
| Q2 25 | 2.97× | — | ||
| Q1 25 | 2.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.95× | — | ||
| Q2 24 | — | — |
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 | — | $141.2M |
| 自由现金流经营现金流 - 资本支出 | — | $121.4M |
| 自由现金流率自由现金流/营收 | — | 12.6% |
| 资本支出强度资本支出/营收 | — | 2.1% |
| 现金转化率经营现金流/净利润 | — | 0.92× |
| 过去12个月自由现金流最近4个季度 | — | $686.6M |
8季度趋势，按日历期对齐
经营现金流FUNMLI
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $141.2M | ||
| Q3 25 | $356.2M | $310.1M | ||
| Q2 25 | $187.0M | $190.6M | ||
| Q1 25 | $-178.0M | $113.6M | ||
| Q4 24 | — | $140.1M | ||
| Q3 24 | $337.4M | $231.4M | ||
| Q2 24 | — | $100.8M |
自由现金流FUNMLI
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $121.4M | ||
| Q3 25 | $256.2M | $291.8M | ||
| Q2 25 | $18.8M | $176.5M | ||
| Q1 25 | $-318.0M | $97.0M | ||
| Q4 24 | — | $111.2M | ||
| Q3 24 | $227.7M | $205.7M | ||
| Q2 24 | — | $91.6M |
自由现金流率FUNMLI
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 12.6% | ||
| Q3 25 | 19.4% | 27.1% | ||
| Q2 25 | 2.0% | 15.5% | ||
| Q1 25 | -157.4% | 9.7% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | 16.9% | 20.6% | ||
| Q2 24 | — | 9.2% |
资本支出强度FUNMLI
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 2.1% | ||
| Q3 25 | 7.6% | 1.7% | ||
| Q2 25 | 18.1% | 1.2% | ||
| Q1 25 | 69.3% | 1.7% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | 8.1% | 2.6% | ||
| Q2 24 | — | 0.9% |
现金转化率FUNMLI
| Q1 26 | — | — | ||
| Q4 25 | — | 0.92× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | — | 0.78× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | 3.04× | 1.37× | ||
| Q2 24 | — | 0.63× |
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% |
MLI
| Tube And Fittings | $484.6M | 50% |
| Industrial Metals | $252.2M | 26% |
| Valves And Plumbing Specialties | $122.5M | 13% |
| Flex Duct And Other HVAC Components | $80.8M | 8% |
| Other Products | $14.9M | 2% |
