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六旗（FUN）与TreeHouse Foods, Inc.（THS）财务数据对比。点击上方公司名可切换其他公司
TreeHouse Foods, Inc.的季度营收约是六旗的3.7倍（$840.3M vs $225.6M），TreeHouse Foods, Inc.净利率更高（-31.6% vs -119.0%，领先87.4%），六旗同比增速更快（11.7% vs 0.1%）
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。
树屋食品公司是一家跨国食品加工企业，主打贴牌包装食品生产，总部位于美国伊利诺伊州奥克布鲁克，2005年成立后完全通过收购拓展业务。2010年该公司销售额达20亿美元，在20座工厂拥有超4000名员工，曾获评《食品加工》杂志2010年度加工企业，被称为“你没听过的大型企业”。
FUN vs THS — 直观对比
营收规模更大
THS
是对方的3.7倍
$225.6M
营收增速更快
FUN
高出11.5%
0.1%
净利率更高
THS
高出87.4%
-119.0%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $840.3M |
| 净利润 | $-268.6M | $-265.8M |
| 毛利率 | — | 18.8% |
| 营业利润率 | — | -30.2% |
| 净利率 | -119.0% | -31.6% |
| 营收同比 | 11.7% | 0.1% |
| 净利润同比 | -22.2% | -7717.6% |
| 每股收益（稀释后） | — | $-5.26 |
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FUNTHS
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | — | ||
| Q3 25 | $1.3B | $840.3M | ||
| Q2 25 | $930.4M | $798.0M | ||
| Q1 25 | $202.1M | $792.0M | ||
| Q4 24 | — | $905.7M | ||
| Q3 24 | $1.3B | $839.1M | ||
| Q2 24 | $571.6M | $788.5M |
净利润FUNTHS
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | — | ||
| Q3 25 | $-1.2B | $-265.8M | ||
| Q2 25 | $-99.6M | $-2.9M | ||
| Q1 25 | $-219.7M | $-31.8M | ||
| Q4 24 | — | $58.7M | ||
| Q3 24 | $111.0M | $-3.4M | ||
| Q2 24 | $55.6M | $-16.7M |
毛利率FUNTHS
| Q1 26 | — | — | ||
| Q4 25 | 91.4% | — | ||
| Q3 25 | 91.6% | 18.8% | ||
| Q2 25 | 91.3% | 17.4% | ||
| Q1 25 | 89.3% | 14.5% | ||
| Q4 24 | — | 19.5% | ||
| Q3 24 | 91.9% | 15.6% | ||
| Q2 24 | 90.7% | 16.3% |
营业利润率FUNTHS
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | — | ||
| Q3 25 | -83.7% | -30.2% | ||
| Q2 25 | 8.0% | 3.4% | ||
| Q1 25 | -158.9% | -0.7% | ||
| Q4 24 | — | 8.9% | ||
| Q3 24 | 19.5% | 3.8% | ||
| Q2 24 | 21.6% | -0.5% |
净利率FUNTHS
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | — | ||
| Q3 25 | -90.1% | -31.6% | ||
| Q2 25 | -10.7% | -0.4% | ||
| Q1 25 | -108.7% | -4.0% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | 8.2% | -0.4% | ||
| Q2 24 | 9.7% | -2.1% |
每股收益（稀释后）FUNTHS
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | — | ||
| Q3 25 | $-11.77 | $-5.26 | ||
| Q2 25 | $-0.99 | $-0.06 | ||
| Q1 25 | $-2.20 | $-0.63 | ||
| Q4 24 | — | $1.12 | ||
| Q3 24 | $1.10 | $-0.07 | ||
| Q2 24 | — | $-0.32 |
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 | $21.0M |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $279.2M | $1.3B |
| 总资产 | $7.7B | $3.8B |
| 负债/权益比越低杠杆越低 | — | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资FUNTHS
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | — | ||
| Q3 25 | $70.7M | $21.0M | ||
| Q2 25 | $107.4M | $17.1M | ||
| Q1 25 | $61.5M | $16.4M | ||
| Q4 24 | — | $289.6M | ||
| Q3 24 | $89.7M | $102.0M | ||
| Q2 24 | $52.9M | $105.8M |
总债务FUNTHS
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.0B | $1.5B | ||
| Q2 25 | $5.3B | $1.5B | ||
| Q1 25 | $5.0B | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | $4.6B | $1.4B | ||
| Q2 24 | $2.3B | $1.4B |
股东权益FUNTHS
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | — | ||
| Q3 25 | $614.3M | $1.3B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.8B | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $2.3B | $1.6B | ||
| Q2 24 | — | $1.6B |
总资产FUNTHS
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | — | ||
| Q3 25 | $7.9B | $3.8B | ||
| Q2 25 | $9.5B | $4.0B | ||
| Q1 25 | $9.2B | $3.9B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | $9.4B | $4.0B | ||
| Q2 24 | $2.3B | $3.9B |
负债/权益比FUNTHS
| Q1 26 | — | — | ||
| Q4 25 | 9.40× | — | ||
| Q3 25 | 8.16× | 1.18× | ||
| Q2 25 | 2.97× | 0.98× | ||
| Q1 25 | 2.75× | 0.93× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | 1.95× | 0.90× | ||
| Q2 24 | — | 0.90× |
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 | — | $38.2M |
| 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 | — | — |
| 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FUNTHS
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | — | ||
| Q3 25 | $356.2M | $38.2M | ||
| Q2 25 | $187.0M | $-47.2M | ||
| Q1 25 | $-178.0M | $-53.5M | ||
| Q4 24 | — | $296.2M | ||
| Q3 24 | $337.4M | $41.4M | ||
| Q2 24 | — | $-19.4M |
自由现金流FUNTHS
| 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 | — | $-42.2M |
自由现金流率FUNTHS
| 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 | — | -5.4% |
资本支出强度FUNTHS
| 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 | — | 2.9% |
现金转化率FUNTHS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.05× | ||
| 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% |
THS
| Retail Grocery Customers | $670.6M | 80% |
| Food Away From Home And Other | $85.3M | 10% |
| Co Manufacturing | $84.4M | 10% |
