vs
六旗（FUN）与MEDICAL PROPERTIES TRUST INC（MPW）财务数据对比。点击上方公司名可切换其他公司
MEDICAL PROPERTIES TRUST INC的季度营收约是六旗的1.2倍（$270.3M vs $225.6M），MEDICAL PROPERTIES TRUST INC净利率更高（6.5% vs -119.0%，领先125.6%），MEDICAL PROPERTIES TRUST INC同比增速更快（16.6% vs 11.7%）
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。
Medical Properties Trust, Inc.（MPT）是一家总部位于美国阿拉巴马州伯明翰的跨国房地产投资信托基金（REIT），主要在美欧地区收购、投资医疗保健设施与营利性医疗控股公司，资产收购多采用售后回租模式，原业主出售资产后成为其租户，租户通常需签署长期三净租赁协议。
FUN vs MPW — 直观对比
营收规模更大
MPW
是对方的1.2倍
$225.6M
营收增速更快
MPW
高出4.9%
11.7%
净利率更高
MPW
高出125.6%
-119.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $270.3M |
| 净利润 | $-268.6M | $17.6M |
| 毛利率 | — | 95.8% |
| 营业利润率 | — | 9.7% |
| 净利率 | -119.0% | 6.5% |
| 营收同比 | 11.7% | 16.6% |
| 净利润同比 | -22.2% | 104.3% |
| 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FUNMPW
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $270.3M | ||
| Q3 25 | $1.3B | $237.5M | ||
| Q2 25 | $930.4M | $240.4M | ||
| Q1 25 | $202.1M | $223.8M | ||
| Q4 24 | — | $231.8M | ||
| Q3 24 | $1.3B | $225.8M | ||
| Q2 24 | $571.6M | $266.6M |
净利润FUNMPW
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $17.6M | ||
| Q3 25 | $-1.2B | $-77.7M | ||
| Q2 25 | $-99.6M | $-98.4M | ||
| Q1 25 | $-219.7M | $-118.3M | ||
| Q4 24 | — | $-412.3M | ||
| Q3 24 | $111.0M | $-801.2M | ||
| Q2 24 | $55.6M | $-320.6M |
毛利率FUNMPW
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | 95.8% | ||
| Q3 25 | 91.6% | — | ||
| Q2 25 | 91.3% | 91.8% | ||
| Q1 25 | 89.3% | 63.6% | ||
| Q4 24 | — | 90.9% | ||
| Q3 24 | 91.9% | 96.5% | ||
| Q2 24 | 90.7% | 98.4% |
营业利润率FUNMPW
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 9.7% | ||
| Q3 25 | -83.7% | -28.0% | ||
| Q2 25 | 8.0% | -36.7% | ||
| Q1 25 | -158.9% | -48.5% | ||
| Q4 24 | — | -173.7% | ||
| Q3 24 | 19.5% | -350.7% | ||
| Q2 24 | 21.6% | -114.5% |
净利率FUNMPW
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | 6.5% | ||
| Q3 25 | -90.1% | -32.7% | ||
| Q2 25 | -10.7% | -40.9% | ||
| Q1 25 | -108.7% | -52.8% | ||
| Q4 24 | — | -177.8% | ||
| Q3 24 | 8.2% | -354.8% | ||
| Q2 24 | 9.7% | -120.3% |
每股收益（稀释后）FUNMPW
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $0.03 | ||
| Q3 25 | $-11.77 | $-0.13 | ||
| Q2 25 | $-0.99 | $-0.16 | ||
| Q1 25 | $-2.20 | $-0.20 | ||
| Q4 24 | — | $-0.68 | ||
| Q3 24 | $1.10 | $-1.34 | ||
| Q2 24 | — | $-0.54 |
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 | $540.9M |
| 总债务越低越好 | — | $9.7B |
| 股东权益账面价值 | $279.2M | $4.6B |
| 总资产 | $7.7B | $15.0B |
| 负债/权益比越低杠杆越低 | — | 2.11× |
8季度趋势，按日历期对齐
现金及短期投资FUNMPW
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $540.9M | ||
| Q3 25 | $70.7M | $396.6M | ||
| Q2 25 | $107.4M | $509.8M | ||
| Q1 25 | $61.5M | $673.5M | ||
| Q4 24 | — | $332.3M | ||
| Q3 24 | $89.7M | $275.6M | ||
| Q2 24 | $52.9M | $606.5M |
总债务FUNMPW
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | $9.7B | ||
| Q3 25 | $5.0B | $9.6B | ||
| Q2 25 | $5.3B | $9.6B | ||
| Q1 25 | $5.0B | $9.5B | ||
| Q4 24 | — | $8.8B | ||
| Q3 24 | $4.6B | $9.2B | ||
| Q2 24 | $2.3B | $9.4B |
股东权益FUNMPW
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $4.6B | ||
| Q3 25 | $614.3M | $4.7B | ||
| Q2 25 | $1.8B | $4.8B | ||
| Q1 25 | $1.8B | $4.8B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | $2.3B | $5.4B | ||
| Q2 24 | — | $6.2B |
总资产FUNMPW
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $15.0B | ||
| Q3 25 | $7.9B | $14.9B | ||
| Q2 25 | $9.5B | $15.2B | ||
| Q1 25 | $9.2B | $14.9B | ||
| Q4 24 | — | $14.3B | ||
| Q3 24 | $9.4B | $15.2B | ||
| Q2 24 | $2.3B | $16.2B |
负债/权益比FUNMPW
| Q1 26 | — | — | ||
| Q4 25 | 9.40× | 2.11× | ||
| Q3 25 | 8.16× | 2.06× | ||
| Q2 25 | 2.97× | 2.00× | ||
| Q1 25 | 2.75× | 1.99× | ||
| Q4 24 | — | 1.83× | ||
| Q3 24 | 1.95× | 1.69× | ||
| Q2 24 | — | 1.51× |
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 | — | $230.8M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 13.11× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FUNMPW
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $230.8M | ||
| Q3 25 | $356.2M | $18.6M | ||
| Q2 25 | $187.0M | $51.7M | ||
| Q1 25 | $-178.0M | $384.0K | ||
| Q4 24 | — | $245.5M | ||
| Q3 24 | $337.4M | $59.2M | ||
| Q2 24 | — | $35.3M |
自由现金流FUNMPW
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | — | ||
| Q3 25 | $256.2M | — | ||
| Q2 25 | $18.8M | — | ||
| Q1 25 | $-318.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $227.7M | — | ||
| Q2 24 | — | — |
自由现金流率FUNMPW
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | — | ||
| Q3 25 | 19.4% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | -157.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 16.9% | — | ||
| Q2 24 | — | — |
资本支出强度FUNMPW
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | — | ||
| Q3 25 | 7.6% | — | ||
| Q2 25 | 18.1% | — | ||
| Q1 25 | 69.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | — | — |
现金转化率FUNMPW
| Q1 26 | — | — | ||
| Q4 25 | — | 13.11× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.04× | — | ||
| Q2 24 | — | — |
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% |
MPW
暂无分部数据
