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六旗（FUN）与PennyMac Financial Services, Inc.（PFSI）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是PennyMac Financial Services, Inc.的1.2倍（$650.1M vs $538.0M），PennyMac Financial Services, Inc.净利率更高（1752.5% vs -14.2%，领先1766.7%），六旗自由现金流更多（$-109.3M vs $-1.7B）
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。
PennyMac Financial Services是总部位于美国加利福尼亚州西湖村的住宅抵押贷款企业，核心业务涵盖美国抵押贷款的发放、贷后服务，以及抵押贷款市场相关投资管理。公司下设两家子公司，其中PNMAC资本管理有限公司负责运营旗下的抵押贷款不动产投资信托（REIT）PennyMac Mortgage Investment Trust。
FUN vs PFSI — 直观对比
营收规模更大
FUN
是对方的1.2倍
$538.0M
净利率更高
PFSI
高出1766.7%
-14.2%
自由现金流更多
FUN
多$1.6B
$-1.7B
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $650.1M | $538.0M |
| 净利润 | $-92.4M | $106.8M |
| 毛利率 | 91.4% | — |
| 营业利润率 | -3.8% | 25.0% |
| 净利率 | -14.2% | 1752.5% |
| 营收同比 | — | 14.4% |
| 净利润同比 | — | 2.2% |
| 每股收益（稀释后） | $-0.93 | $1.97 |
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FUNPFSI
| Q4 25 | $650.1M | $538.0M | ||
| Q3 25 | $1.3B | $632.9M | ||
| Q2 25 | $930.4M | $444.7M | ||
| Q1 25 | $202.1M | $430.9M | ||
| Q4 24 | — | $470.1M | ||
| Q3 24 | $1.3B | $411.8M | ||
| Q2 24 | $571.6M | $406.1M | ||
| Q1 24 | — | $305.7M |
净利润FUNPFSI
| Q4 25 | $-92.4M | $106.8M | ||
| Q3 25 | $-1.2B | $181.5M | ||
| Q2 25 | $-99.6M | $136.5M | ||
| Q1 25 | $-219.7M | $76.3M | ||
| Q4 24 | — | $104.5M | ||
| Q3 24 | $111.0M | $69.4M | ||
| Q2 24 | $55.6M | $98.3M | ||
| Q1 24 | — | $39.3M |
毛利率FUNPFSI
| 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% | — | ||
| Q1 24 | — | — |
营业利润率FUNPFSI
| Q4 25 | -3.8% | 25.0% | ||
| Q3 25 | -83.7% | 37.3% | ||
| Q2 25 | 8.0% | 17.2% | ||
| Q1 25 | -158.9% | 24.2% | ||
| Q4 24 | — | 27.5% | ||
| Q3 24 | 19.5% | 22.8% | ||
| Q2 24 | 21.6% | 33.0% | ||
| Q1 24 | — | 14.4% |
净利率FUNPFSI
| Q4 25 | -14.2% | 1752.5% | ||
| Q3 25 | -90.1% | 28.7% | ||
| Q2 25 | -10.7% | 30.7% | ||
| Q1 25 | -108.7% | 17.7% | ||
| Q4 24 | — | 2559.8% | ||
| Q3 24 | 8.2% | 16.8% | ||
| Q2 24 | 9.7% | 24.2% | ||
| Q1 24 | — | 12.9% |
每股收益（稀释后）FUNPFSI
| Q4 25 | $-0.93 | $1.97 | ||
| Q3 25 | $-11.77 | $3.37 | ||
| Q2 25 | $-0.99 | $2.54 | ||
| Q1 25 | $-2.20 | $1.42 | ||
| Q4 24 | — | $1.95 | ||
| Q3 24 | $1.10 | $1.30 | ||
| Q2 24 | — | $1.85 | ||
| Q1 24 | — | $0.74 |
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 | $91.1M | $410.0M |
| 总债务越低越好 | $5.2B | $6.2B |
| 股东权益账面价值 | $549.8M | $4.3B |
| 总资产 | $7.8B | $29.4B |
| 负债/权益比越低杠杆越低 | 9.40× | 1.45× |
8季度趋势，按日历期对齐
现金及短期投资FUNPFSI
| Q4 25 | $91.1M | $410.0M | ||
| Q3 25 | $70.7M | $62.2M | ||
| Q2 25 | $107.4M | $462.3M | ||
| Q1 25 | $61.5M | $443.4M | ||
| Q4 24 | — | $420.6M | ||
| Q3 24 | $89.7M | $667.9M | ||
| Q2 24 | $52.9M | $188.8M | ||
| Q1 24 | — | $69.0K |
总债务FUNPFSI
| Q4 25 | $5.2B | $6.2B | ||
| Q3 25 | $5.0B | $6.2B | ||
| Q2 25 | $5.3B | $5.6B | ||
| Q1 25 | $5.0B | $5.8B | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | $4.6B | $4.9B | ||
| Q2 24 | $2.3B | $4.9B | ||
| Q1 24 | — | $4.5B |
股东权益FUNPFSI
| Q4 25 | $549.8M | $4.3B | ||
| Q3 25 | $614.3M | $4.2B | ||
| Q2 25 | $1.8B | $4.0B | ||
| Q1 25 | $1.8B | $3.9B | ||
| Q4 24 | — | $3.8B | ||
| Q3 24 | $2.3B | $3.7B | ||
| Q2 24 | — | $3.7B | ||
| Q1 24 | — | $3.6B |
总资产FUNPFSI
| Q4 25 | $7.8B | $29.4B | ||
| Q3 25 | $7.9B | $25.4B | ||
| Q2 25 | $9.5B | $24.2B | ||
| Q1 25 | $9.2B | $23.9B | ||
| Q4 24 | — | $26.1B | ||
| Q3 24 | $9.4B | $22.9B | ||
| Q2 24 | $2.3B | $21.6B | ||
| Q1 24 | — | $19.8B |
负债/权益比FUNPFSI
| Q4 25 | 9.40× | 1.45× | ||
| Q3 25 | 8.16× | 1.48× | ||
| Q2 25 | 2.97× | 1.38× | ||
| Q1 25 | 2.75× | 1.48× | ||
| Q4 24 | — | 1.37× | ||
| Q3 24 | 1.95× | 1.32× | ||
| Q2 24 | — | 1.35× | ||
| Q1 24 | — | 1.27× |
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 | $-37.7M | $-1.7B |
| 自由现金流经营现金流 - 资本支出 | $-109.3M | $-1.7B |
| 自由现金流率自由现金流/营收 | -16.8% | -309.3% |
| 资本支出强度资本支出/营收 | 11.0% | 2.2% |
| 现金转化率经营现金流/净利润 | — | -15.46× |
| 过去12个月自由现金流最近4个季度 | $-152.2M | $-1.4B |
8季度趋势，按日历期对齐
经营现金流FUNPFSI
| Q4 25 | $-37.7M | $-1.7B | ||
| Q3 25 | $356.2M | $-697.4M | ||
| Q2 25 | $187.0M | $-131.3M | ||
| Q1 25 | $-178.0M | $1.1B | ||
| Q4 24 | — | $-4.5B | ||
| Q3 24 | $337.4M | $-393.7M | ||
| Q2 24 | — | $-1.1B | ||
| Q1 24 | — | $-897.9M |
自由现金流FUNPFSI
| Q4 25 | $-109.3M | $-1.7B | ||
| Q3 25 | $256.2M | $-699.4M | ||
| Q2 25 | $18.8M | $-132.6M | ||
| Q1 25 | $-318.0M | $1.1B | ||
| Q4 24 | — | $-4.5B | ||
| Q3 24 | $227.7M | $-393.9M | ||
| Q2 24 | — | $-1.1B | ||
| Q1 24 | — | $-898.9M |
自由现金流率FUNPFSI
| Q4 25 | -16.8% | -309.3% | ||
| Q3 25 | 19.4% | -110.5% | ||
| Q2 25 | 2.0% | -29.8% | ||
| Q1 25 | -157.4% | 247.3% | ||
| Q4 24 | — | -964.7% | ||
| Q3 24 | 16.9% | -95.6% | ||
| Q2 24 | — | -269.2% | ||
| Q1 24 | — | -294.1% |
资本支出强度FUNPFSI
| Q4 25 | 11.0% | 2.2% | ||
| Q3 25 | 7.6% | 0.3% | ||
| Q2 25 | 18.1% | 0.3% | ||
| Q1 25 | 69.3% | 0.1% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | 8.1% | 0.0% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.3% |
现金转化率FUNPFSI
| Q4 25 | — | -15.46× | ||
| Q3 25 | — | -3.84× | ||
| Q2 25 | — | -0.96× | ||
| Q1 25 | — | 13.97× | ||
| Q4 24 | — | -43.39× | ||
| Q3 24 | 3.04× | -5.68× | ||
| Q2 24 | — | -11.12× | ||
| Q1 24 | — | -22.84× |
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
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
PFSI
暂无分部数据
