vs
六旗（FUN）与百利高（PRGO）财务数据对比。点击上方公司名可切换其他公司
百利高的季度营收约是六旗的4.9倍（$1.1B vs $225.6M），六旗净利率更高（-119.0% vs -127.8%，领先8.8%），六旗同比增速更快（11.7% vs -2.5%）
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。
百利高（Perrigo）是一家注册于爱尔兰的非处方仿制药生产商，主打自有品牌OTC药品业务。公司70%的净销售额来自美国医疗市场，为优化税务布局将法定总部设在爱尔兰，该地区销售额仅占总营收的0.6%，2013年曾完成美国历史上第六大企业税收倒置交易。
FUN vs PRGO — 直观对比
营收规模更大
PRGO
是对方的4.9倍
$225.6M
营收增速更快
FUN
高出14.2%
-2.5%
净利率更高
FUN
高出8.8%
-127.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $1.1B |
| 净利润 | $-268.6M | $-1.4B |
| 毛利率 | — | 32.6% |
| 营业利润率 | — | -116.0% |
| 净利率 | -119.0% | -127.8% |
| 营收同比 | 11.7% | -2.5% |
| 净利润同比 | -22.2% | -3093.9% |
| 每股收益（稀释后） | — | $-10.23 |
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FUNPRGO
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $1.1B | ||
| Q3 25 | $1.3B | $1.0B | ||
| Q2 25 | $930.4M | $1.1B | ||
| Q1 25 | $202.1M | $1.0B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $571.6M | $1.1B |
净利润FUNPRGO
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $-1.4B | ||
| Q3 25 | $-1.2B | $7.5M | ||
| Q2 25 | $-99.6M | $-8.4M | ||
| Q1 25 | $-219.7M | $-6.4M | ||
| Q4 24 | — | $-44.4M | ||
| Q3 24 | $111.0M | $-21.0M | ||
| Q2 24 | $55.6M | $-108.4M |
毛利率FUNPRGO
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | 32.6% | ||
| Q3 25 | 91.6% | 36.1% | ||
| Q2 25 | 91.3% | 34.4% | ||
| Q1 25 | 89.3% | 37.6% | ||
| Q4 24 | — | 33.9% | ||
| Q3 24 | 91.9% | 37.2% | ||
| Q2 24 | 90.7% | 37.0% |
营业利润率FUNPRGO
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | -116.0% | ||
| Q3 25 | -83.7% | 7.0% | ||
| Q2 25 | 8.0% | 4.3% | ||
| Q1 25 | -158.9% | 4.5% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | 19.5% | 7.4% | ||
| Q2 24 | 21.6% | -2.5% |
净利率FUNPRGO
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | -127.8% | ||
| Q3 25 | -90.1% | 0.7% | ||
| Q2 25 | -10.7% | -0.8% | ||
| Q1 25 | -108.7% | -0.6% | ||
| Q4 24 | — | -3.9% | ||
| Q3 24 | 8.2% | -1.9% | ||
| Q2 24 | 9.7% | -10.2% |
每股收益（稀释后）FUNPRGO
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $-10.23 | ||
| Q3 25 | $-11.77 | $0.05 | ||
| Q2 25 | $-0.99 | $-0.06 | ||
| Q1 25 | $-2.20 | $-0.05 | ||
| Q4 24 | — | $-0.32 | ||
| Q3 24 | $1.10 | $-0.15 | ||
| Q2 24 | — | $-0.79 |
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 | — | — |
| 股东权益账面价值 | $279.2M | $2.9B |
| 总资产 | $7.7B | $8.5B |
| 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FUNPRGO
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | — | ||
| Q3 25 | $70.7M | $432.1M | ||
| Q2 25 | $107.4M | $454.2M | ||
| Q1 25 | $61.5M | $409.9M | ||
| Q4 24 | — | $558.8M | ||
| Q3 24 | $89.7M | $1.5B | ||
| Q2 24 | $52.9M | $542.8M |
总债务FUNPRGO
| 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FUNPRGO
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $2.9B | ||
| Q3 25 | $614.3M | $4.4B | ||
| Q2 25 | $1.8B | $4.5B | ||
| Q1 25 | $1.8B | $4.4B | ||
| Q4 24 | — | $4.3B | ||
| Q3 24 | $2.3B | $4.6B | ||
| Q2 24 | — | $4.5B |
总资产FUNPRGO
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $8.5B | ||
| Q3 25 | $7.9B | $10.1B | ||
| Q2 25 | $9.5B | $10.1B | ||
| Q1 25 | $9.2B | $9.8B | ||
| Q4 24 | — | $9.6B | ||
| Q3 24 | $9.4B | $11.2B | ||
| Q2 24 | $2.3B | $10.4B |
负债/权益比FUNPRGO
| 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 | — | $175.4M |
| 自由现金流经营现金流 - 资本支出 | — | $148.6M |
| 自由现金流率自由现金流/营收 | — | 13.4% |
| 资本支出强度资本支出/营收 | — | 2.4% |
| 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 | — | $145.1M |
8季度趋势，按日历期对齐
经营现金流FUNPRGO
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $175.4M | ||
| Q3 25 | $356.2M | $51.7M | ||
| Q2 25 | $187.0M | $75.9M | ||
| Q1 25 | $-178.0M | $-64.5M | ||
| Q4 24 | — | $312.6M | ||
| Q3 24 | $337.4M | $42.2M | ||
| Q2 24 | — | $9.5M |
自由现金流FUNPRGO
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $148.6M | ||
| Q3 25 | $256.2M | $29.8M | ||
| Q2 25 | $18.8M | $56.7M | ||
| Q1 25 | $-318.0M | $-90.0M | ||
| Q4 24 | — | $274.9M | ||
| Q3 24 | $227.7M | $15.1M | ||
| Q2 24 | — | $-18.9M |
自由现金流率FUNPRGO
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 13.4% | ||
| Q3 25 | 19.4% | 2.9% | ||
| Q2 25 | 2.0% | 5.4% | ||
| Q1 25 | -157.4% | -8.6% | ||
| Q4 24 | — | 24.2% | ||
| Q3 24 | 16.9% | 1.4% | ||
| Q2 24 | — | -1.8% |
资本支出强度FUNPRGO
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 2.4% | ||
| Q3 25 | 7.6% | 2.1% | ||
| Q2 25 | 18.1% | 1.8% | ||
| Q1 25 | 69.3% | 2.4% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | 8.1% | 2.5% | ||
| Q2 24 | — | 2.7% |
现金转化率FUNPRGO
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 6.89× | ||
| 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% |
PRGO
| Consumer Self Care Americas | $697.0M | 63% |
| Digestive Health | $123.9M | 11% |
| Nutrition | $108.3M | 10% |
| Healthy Lifestyle | $94.8M | 9% |
| Pain And Sleep Aids | $87.1M | 8% |
