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六旗（FUN）与Tri Pointe Homes, Inc.（TPH）财务数据对比。点击上方公司名可切换其他公司
Tri Pointe Homes, Inc.的季度营收约是六旗的4.3倍（$972.6M vs $225.6M），Tri Pointe Homes, Inc.净利率更高（6.2% vs -119.0%，领先125.2%），六旗同比增速更快（11.7% vs -22.4%）
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。
Tri Pointe Homes, Inc.是总部位于美国内华达州inclinet村的住宅建筑企业，为购房者提供融资及保险服务，业务覆盖亚利桑那、加利福尼亚、内华达、华盛顿、科罗拉多、得克萨斯、哥伦比亚特区、马里兰、北卡罗来纳、南卡罗来纳、弗吉尼亚等地区，按房屋交付量计算是美国第18大住宅建筑商。
FUN vs TPH — 直观对比
营收规模更大
TPH
是对方的4.3倍
$225.6M
营收增速更快
FUN
高出34.1%
-22.4%
净利率更高
TPH
高出125.2%
-119.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $225.6M | $972.6M |
| 净利润 | $-268.6M | $60.2M |
| 毛利率 | — | — |
| 营业利润率 | — | 8.1% |
| 净利率 | -119.0% | 6.2% |
| 营收同比 | 11.7% | -22.4% |
| 净利润同比 | -22.2% | -53.4% |
| 每股收益（稀释后） | — | $0.70 |
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FUNTPH
| Q1 26 | $225.6M | — | ||
| Q4 25 | $650.1M | $972.6M | ||
| Q3 25 | $1.3B | $854.7M | ||
| Q2 25 | $930.4M | $902.4M | ||
| Q1 25 | $202.1M | $740.9M | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $571.6M | $1.2B |
净利润FUNTPH
| Q1 26 | $-268.6M | — | ||
| Q4 25 | $-92.4M | $60.2M | ||
| Q3 25 | $-1.2B | $56.1M | ||
| Q2 25 | $-99.6M | $60.7M | ||
| Q1 25 | $-219.7M | $64.0M | ||
| Q4 24 | — | $129.2M | ||
| Q3 24 | $111.0M | $111.8M | ||
| Q2 24 | $55.6M | $118.0M |
毛利率FUNTPH
| 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FUNTPH
| Q1 26 | — | — | ||
| Q4 25 | -3.8% | 8.1% | ||
| Q3 25 | -83.7% | 8.1% | ||
| Q2 25 | 8.0% | 8.5% | ||
| Q1 25 | -158.9% | 10.4% | ||
| Q4 24 | — | 13.4% | ||
| Q3 24 | 19.5% | 12.6% | ||
| Q2 24 | 21.6% | 12.9% |
净利率FUNTPH
| Q1 26 | -119.0% | — | ||
| Q4 25 | -14.2% | 6.2% | ||
| Q3 25 | -90.1% | 6.6% | ||
| Q2 25 | -10.7% | 6.7% | ||
| Q1 25 | -108.7% | 8.6% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | 8.2% | 9.8% | ||
| Q2 24 | 9.7% | 10.2% |
每股收益（稀释后）FUNTPH
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $0.70 | ||
| Q3 25 | $-11.77 | $0.64 | ||
| Q2 25 | $-0.99 | $0.68 | ||
| Q1 25 | $-2.20 | $0.70 | ||
| Q4 24 | — | $1.37 | ||
| Q3 24 | $1.10 | $1.18 | ||
| Q2 24 | — | $1.25 |
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 | $982.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $279.2M | $3.3B |
| 总资产 | $7.7B | $5.0B |
| 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FUNTPH
| Q1 26 | $116.5M | — | ||
| Q4 25 | $91.1M | $982.8M | ||
| Q3 25 | $70.7M | $792.0M | ||
| Q2 25 | $107.4M | $622.6M | ||
| Q1 25 | $61.5M | $812.9M | ||
| Q4 24 | — | $970.0M | ||
| Q3 24 | $89.7M | $676.0M | ||
| Q2 24 | $52.9M | $492.9M |
总债务FUNTPH
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $5.3B | — | ||
| Q1 25 | $5.0B | — | ||
| Q4 24 | — | $646.5M | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $2.3B | — |
股东权益FUNTPH
| Q1 26 | $279.2M | — | ||
| Q4 25 | $549.8M | $3.3B | ||
| Q3 25 | $614.3M | $3.3B | ||
| Q2 25 | $1.8B | $3.3B | ||
| Q1 25 | $1.8B | $3.3B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | $2.3B | $3.2B | ||
| Q2 24 | — | $3.1B |
总资产FUNTPH
| Q1 26 | $7.7B | — | ||
| Q4 25 | $7.8B | $5.0B | ||
| Q3 25 | $7.9B | $5.0B | ||
| Q2 25 | $9.5B | $4.8B | ||
| Q1 25 | $9.2B | $4.8B | ||
| Q4 24 | — | $4.9B | ||
| Q3 24 | $9.4B | $4.8B | ||
| Q2 24 | $2.3B | $4.6B |
负债/权益比FUNTPH
| Q1 26 | — | — | ||
| Q4 25 | 9.40× | — | ||
| Q3 25 | 8.16× | — | ||
| Q2 25 | 2.97× | — | ||
| Q1 25 | 2.75× | — | ||
| Q4 24 | — | 0.19× | ||
| 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 | — | $221.0M |
| 自由现金流经营现金流 - 资本支出 | — | $213.2M |
| 自由现金流率自由现金流/营收 | — | 21.9% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | — | 3.67× |
| 过去12个月自由现金流最近4个季度 | — | $128.5M |
8季度趋势，按日历期对齐
经营现金流FUNTPH
| Q1 26 | — | — | ||
| Q4 25 | $-37.7M | $221.0M | ||
| Q3 25 | $356.2M | $45.9M | ||
| Q2 25 | $187.0M | $-74.3M | ||
| Q1 25 | $-178.0M | $-31.2M | ||
| Q4 24 | — | $360.3M | ||
| Q3 24 | $337.4M | $167.9M | ||
| Q2 24 | — | $23.1M |
自由现金流FUNTPH
| Q1 26 | — | — | ||
| Q4 25 | $-109.3M | $213.2M | ||
| Q3 25 | $256.2M | $39.1M | ||
| Q2 25 | $18.8M | $-84.5M | ||
| Q1 25 | $-318.0M | $-39.3M | ||
| Q4 24 | — | $355.9M | ||
| Q3 24 | $227.7M | $161.5M | ||
| Q2 24 | — | $17.0M |
自由现金流率FUNTPH
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 21.9% | ||
| Q3 25 | 19.4% | 4.6% | ||
| Q2 25 | 2.0% | -9.4% | ||
| Q1 25 | -157.4% | -5.3% | ||
| Q4 24 | — | 28.4% | ||
| Q3 24 | 16.9% | 14.1% | ||
| Q2 24 | — | 1.5% |
资本支出强度FUNTPH
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 0.8% | ||
| Q3 25 | 7.6% | 0.8% | ||
| Q2 25 | 18.1% | 1.1% | ||
| Q1 25 | 69.3% | 1.1% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | 8.1% | 0.6% | ||
| Q2 24 | — | 0.5% |
现金转化率FUNTPH
| Q1 26 | — | — | ||
| Q4 25 | — | 3.67× | ||
| Q3 25 | — | 0.82× | ||
| Q2 25 | — | -1.22× | ||
| Q1 25 | — | -0.49× | ||
| Q4 24 | — | 2.79× | ||
| Q3 24 | 3.04× | 1.50× | ||
| Q2 24 | — | 0.20× |
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% |
TPH
| West | $547.8M | 56% |
| Central | $245.1M | 25% |
| East | $161.8M | 17% |
| Financial Services Segment | $18.0M | 2% |
| Land | $7.9M | 1% |
