vs
六旗（FUN）与STURM RUGER & CO INC（RGR）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STURM RUGER & CO INC的1.5倍（$225.6M vs $151.1M），六旗同比增速更快（11.7% vs 3.6%）
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。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
FUN vs RGR — 直观对比
营收规模更大
FUN
是对方的1.5倍
$151.1M
营收增速更快
FUN
高出8.0%
3.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $151.1M |
| 净利润 | $-268.6M | — |
| 毛利率 | — | 17.8% |
| 营业利润率 | — | 2.3% |
| 净利率 | -119.0% | — |
| 营收同比 | 11.7% | 3.6% |
| 净利润同比 | -22.2% | — |
| 每股收益（稀释后） | — | $0.22 |
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FUNRGR
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $151.1M | ||
| Q3 25 | $1.3B | $126.8M | ||
| Q2 25 | $930.4M | $132.5M | ||
| Q1 25 | $202.1M | $135.7M | ||
| Q4 24 | — | $145.8M | ||
| Q3 24 | $1.3B | $122.3M | ||
| Q2 24 | $571.6M | $130.8M |
净利润FUNRGR
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | — | ||
| Q3 25 | $-1.2B | $1.6M | ||
| Q2 25 | $-99.6M | $-17.2M | ||
| Q1 25 | $-219.7M | $7.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | $111.0M | $4.7M | ||
| Q2 24 | $55.6M | $8.3M |
毛利率FUNRGR
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | 17.8% | ||
| Q3 25 | 91.6% | 15.1% | ||
| Q2 25 | 91.3% | 3.9% | ||
| Q1 25 | 89.3% | 22.0% | ||
| Q4 24 | — | 22.8% | ||
| Q3 24 | 91.9% | 18.5% | ||
| Q2 24 | 90.7% | 22.3% |
营业利润率FUNRGR
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 2.3% | ||
| Q3 25 | -83.7% | -2.7% | ||
| Q2 25 | 8.0% | -15.6% | ||
| Q1 25 | -158.9% | 6.2% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | 19.5% | 3.1% | ||
| Q2 24 | 21.6% | 6.9% |
净利率FUNRGR
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | — | ||
| Q3 25 | -90.1% | 1.2% | ||
| Q2 25 | -10.7% | -13.0% | ||
| Q1 25 | -108.7% | 5.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.2% | 3.9% | ||
| Q2 24 | 9.7% | 6.3% |
每股收益（稀释后）FUNRGR
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $0.22 | ||
| Q3 25 | $-11.77 | $0.10 | ||
| Q2 25 | $-0.99 | $-1.05 | ||
| Q1 25 | $-2.20 | $0.46 | ||
| Q4 24 | — | $0.62 | ||
| Q3 24 | $1.10 | $0.28 | ||
| Q2 24 | — | $0.47 |
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 | $92.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $283.8M |
| 总资产 | $7.7B | $342.0M |
| 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FUNRGR
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $92.5M | ||
| Q3 25 | $70.7M | $80.8M | ||
| Q2 25 | $107.4M | $101.4M | ||
| Q1 25 | $61.5M | $108.3M | ||
| Q4 24 | — | $105.5M | ||
| Q3 24 | $89.7M | $96.0M | ||
| Q2 24 | $52.9M | $105.6M |
总债务FUNRGR
| 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FUNRGR
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $283.8M | ||
| Q3 25 | $614.3M | $279.6M | ||
| Q2 25 | $1.8B | $289.3M | ||
| Q1 25 | $1.8B | $321.5M | ||
| Q4 24 | — | $319.6M | ||
| Q3 24 | $2.3B | $314.9M | ||
| Q2 24 | — | $321.5M |
总资产FUNRGR
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $342.0M | ||
| Q3 25 | $7.9B | $342.3M | ||
| Q2 25 | $9.5B | $349.5M | ||
| Q1 25 | $9.2B | $379.0M | ||
| Q4 24 | — | $384.0M | ||
| Q3 24 | $9.4B | $373.5M | ||
| Q2 24 | $2.3B | $376.7M |
负债/权益比FUNRGR
| 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 | — | $15.5M |
| 自由现金流经营现金流 - 资本支出 | — | $12.3M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 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 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $38.5M |
8季度趋势，按日历期对齐
经营现金流FUNRGR
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $15.5M | ||
| Q3 25 | $356.2M | $12.9M | ||
| Q2 25 | $187.0M | $14.7M | ||
| Q1 25 | $-178.0M | $11.1M | ||
| Q4 24 | — | $20.0M | ||
| Q3 24 | $337.4M | $9.4M | ||
| Q2 24 | — | $18.7M |
自由现金流FUNRGR
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $12.3M | ||
| Q3 25 | $256.2M | $7.0M | ||
| Q2 25 | $18.8M | $9.1M | ||
| Q1 25 | $-318.0M | $10.0M | ||
| Q4 24 | — | $16.4M | ||
| Q3 24 | $227.7M | $2.6M | ||
| Q2 24 | — | $10.1M |
自由现金流率FUNRGR
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 8.2% | ||
| Q3 25 | 19.4% | 5.5% | ||
| Q2 25 | 2.0% | 6.9% | ||
| Q1 25 | -157.4% | 7.4% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | 16.9% | 2.1% | ||
| Q2 24 | — | 7.7% |
资本支出强度FUNRGR
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 2.1% | ||
| Q3 25 | 7.6% | 4.6% | ||
| Q2 25 | 18.1% | 4.2% | ||
| Q1 25 | 69.3% | 0.8% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | 8.1% | 5.5% | ||
| Q2 24 | — | 6.6% |
现金转化率FUNRGR
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 8.15× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.04× | 1.98× | ||
| Q2 24 | — | 2.27× |
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% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
