vs
六旗（FUN）与ProPetro Holding Corp.（PUMP）财务数据对比。点击上方公司名可切换其他公司
ProPetro Holding Corp.的季度营收约是六旗的1.3倍（$289.7M vs $225.6M），六旗同比增速更快（11.7% vs -9.6%）
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。
ProPetro Holding Corp.是一家总部位于美国的油田服务供应商，主要为陆上油气勘探开采企业提供水力压裂、完井及相关配套服务，核心业务集中在横跨德克萨斯州和新墨西哥州的二叠纪盆地。
FUN vs PUMP — 直观对比
营收规模更大
PUMP
是对方的1.3倍
$225.6M
营收增速更快
FUN
高出21.3%
-9.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $289.7M |
| 净利润 | $-268.6M | — |
| 毛利率 | — | — |
| 营业利润率 | — | 2.1% |
| 净利率 | -119.0% | — |
| 营收同比 | 11.7% | -9.6% |
| 净利润同比 | -22.2% | — |
| 每股收益（稀释后） | — | $0.01 |
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FUNPUMP
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $289.7M | ||
| Q3 25 | $1.3B | $293.9M | ||
| Q2 25 | $930.4M | $326.2M | ||
| Q1 25 | $202.1M | $359.4M | ||
| Q4 24 | — | $320.6M | ||
| Q3 24 | $1.3B | $360.9M | ||
| Q2 24 | $571.6M | $357.0M |
净利润FUNPUMP
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | — | ||
| Q3 25 | $-1.2B | $-2.4M | ||
| Q2 25 | $-99.6M | $-7.2M | ||
| Q1 25 | $-219.7M | $9.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | $111.0M | $-137.1M | ||
| Q2 24 | $55.6M | $-3.7M |
毛利率FUNPUMP
| 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FUNPUMP
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 2.1% | ||
| Q3 25 | -83.7% | -2.1% | ||
| Q2 25 | 8.0% | -1.0% | ||
| Q1 25 | -158.9% | 2.6% | ||
| Q4 24 | — | -5.8% | ||
| Q3 24 | 19.5% | -49.4% | ||
| Q2 24 | 21.6% | -0.1% |
净利率FUNPUMP
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | — | ||
| Q3 25 | -90.1% | -0.8% | ||
| Q2 25 | -10.7% | -2.2% | ||
| Q1 25 | -108.7% | 2.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.2% | -38.0% | ||
| Q2 24 | 9.7% | -1.0% |
每股收益（稀释后）FUNPUMP
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $0.01 | ||
| Q3 25 | $-11.77 | $-0.02 | ||
| Q2 25 | $-0.99 | $-0.07 | ||
| Q1 25 | $-2.20 | $0.09 | ||
| Q4 24 | — | $-0.14 | ||
| Q3 24 | $1.10 | $-1.32 | ||
| Q2 24 | — | $-0.03 |
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 | $91.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $829.8M |
| 总资产 | $7.7B | $1.3B |
| 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FUNPUMP
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $91.3M | ||
| Q3 25 | $70.7M | $76.7M | ||
| Q2 25 | $107.4M | $83.0M | ||
| Q1 25 | $61.5M | $71.4M | ||
| Q4 24 | — | $58.3M | ||
| Q3 24 | $89.7M | $54.0M | ||
| Q2 24 | $52.9M | $74.7M |
总债务FUNPUMP
| 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FUNPUMP
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $829.8M | ||
| Q3 25 | $614.3M | $826.2M | ||
| Q2 25 | $1.8B | $824.0M | ||
| Q1 25 | $1.8B | $826.5M | ||
| Q4 24 | — | $816.3M | ||
| Q3 24 | $2.3B | $833.0M | ||
| Q2 24 | — | $975.8M |
总资产FUNPUMP
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $1.3B | ||
| Q3 25 | $7.9B | $1.3B | ||
| Q2 25 | $9.5B | $1.2B | ||
| Q1 25 | $9.2B | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $9.4B | $1.3B | ||
| Q2 24 | $2.3B | $1.5B |
负债/权益比FUNPUMP
| 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 | — | $81.0M |
| 自由现金流经营现金流 - 资本支出 | — | $16.8M |
| 自由现金流率自由现金流/营收 | — | 5.8% |
| 资本支出强度资本支出/营收 | — | 22.2% |
| 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 | — | $45.3M |
8季度趋势，按日历期对齐
经营现金流FUNPUMP
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $81.0M | ||
| Q3 25 | $356.2M | $41.7M | ||
| Q2 25 | $187.0M | $54.2M | ||
| Q1 25 | $-178.0M | $54.7M | ||
| Q4 24 | — | $37.9M | ||
| Q3 24 | $337.4M | $34.7M | ||
| Q2 24 | — | $104.9M |
自由现金流FUNPUMP
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $16.8M | ||
| Q3 25 | $256.2M | $-2.4M | ||
| Q2 25 | $18.8M | $17.1M | ||
| Q1 25 | $-318.0M | $13.8M | ||
| Q4 24 | — | $10.0M | ||
| Q3 24 | $227.7M | $-6.0M | ||
| Q2 24 | — | $67.7M |
自由现金流率FUNPUMP
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 5.8% | ||
| Q3 25 | 19.4% | -0.8% | ||
| Q2 25 | 2.0% | 5.2% | ||
| Q1 25 | -157.4% | 3.8% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | 16.9% | -1.7% | ||
| Q2 24 | — | 19.0% |
资本支出强度FUNPUMP
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 22.2% | ||
| Q3 25 | 7.6% | 15.0% | ||
| Q2 25 | 18.1% | 11.4% | ||
| Q1 25 | 69.3% | 11.4% | ||
| Q4 24 | — | 8.7% | ||
| Q3 24 | 8.1% | 11.3% | ||
| Q2 24 | — | 10.4% |
现金转化率FUNPUMP
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 5.70× | ||
| 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% |
PUMP
| Hydraulic Fracturing Segment | $203.9M | 70% |
| Wireline Operating Segment | $55.4M | 19% |
| Cementing Operating Segment | $29.6M | 10% |
