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六旗（FUN）与Walker & Dunlop, Inc.（WD）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Walker & Dunlop, Inc.的1.9倍（$650.1M vs $340.0M），Walker & Dunlop, Inc.净利率更高（-12.9% vs -14.2%，领先1.3%），六旗自由现金流更多（$-109.3M vs $-680.1M）
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。
Walker & Dunlop, Inc.是美国乃至全球规模领先的商业地产金融与咨询服务机构，为客户提供覆盖商业地产领域的多元金融解决方案及专业咨询服务，业务辐射全球多个市场，在行业内拥有深厚的资源积累与广泛的市场认可度。
FUN vs WD — 直观对比
营收规模更大
FUN
是对方的1.9倍
$340.0M
净利率更高
WD
高出1.3%
-14.2%
自由现金流更多
FUN
多$570.8M
$-680.1M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $650.1M | $340.0M |
| 净利润 | $-92.4M | $-13.9M |
| 毛利率 | 91.4% | — |
| 营业利润率 | -3.8% | -17.2% |
| 净利率 | -14.2% | -12.9% |
| 营收同比 | — | -0.4% |
| 净利润同比 | — | -131.0% |
| 每股收益（稀释后） | $-0.93 | $-0.41 |
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FUNWD
| Q4 25 | $650.1M | $340.0M | ||
| Q3 25 | $1.3B | $337.7M | ||
| Q2 25 | $930.4M | $319.2M | ||
| Q1 25 | $202.1M | $237.4M | ||
| Q4 24 | — | $341.5M | ||
| Q3 24 | $1.3B | $292.3M | ||
| Q2 24 | $571.6M | $270.7M | ||
| Q1 24 | — | $228.1M |
净利润FUNWD
| Q4 25 | $-92.4M | $-13.9M | ||
| Q3 25 | $-1.2B | $33.5M | ||
| Q2 25 | $-99.6M | $34.0M | ||
| Q1 25 | $-219.7M | $2.8M | ||
| Q4 24 | — | $44.8M | ||
| Q3 24 | $111.0M | $28.8M | ||
| Q2 24 | $55.6M | $22.7M | ||
| Q1 24 | — | $11.9M |
毛利率FUNWD
| 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% | — | ||
| Q1 24 | — | — |
营业利润率FUNWD
| Q4 25 | -3.8% | -17.2% | ||
| Q3 25 | -83.7% | 13.6% | ||
| Q2 25 | 8.0% | 14.5% | ||
| Q1 25 | -158.9% | 2.2% | ||
| Q4 24 | — | 15.3% | ||
| Q3 24 | 19.5% | 12.8% | ||
| Q2 24 | 21.6% | 10.4% | ||
| Q1 24 | — | 6.0% |
净利率FUNWD
| Q4 25 | -14.2% | -12.9% | ||
| Q3 25 | -90.1% | 9.9% | ||
| Q2 25 | -10.7% | 10.6% | ||
| Q1 25 | -108.7% | 1.2% | ||
| Q4 24 | — | 13.1% | ||
| Q3 24 | 8.2% | 9.9% | ||
| Q2 24 | 9.7% | 8.4% | ||
| Q1 24 | — | 5.2% |
每股收益（稀释后）FUNWD
| Q4 25 | $-0.93 | $-0.41 | ||
| Q3 25 | $-11.77 | $0.98 | ||
| Q2 25 | $-0.99 | $0.99 | ||
| Q1 25 | $-2.20 | $0.08 | ||
| Q4 24 | — | $1.32 | ||
| Q3 24 | $1.10 | $0.85 | ||
| Q2 24 | — | $0.67 | ||
| Q1 24 | — | $0.35 |
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 | $91.1M | $299.3M |
| 总债务越低越好 | $5.2B | — |
| 股东权益账面价值 | $549.8M | $1.7B |
| 总资产 | $7.8B | $5.1B |
| 负债/权益比越低杠杆越低 | 9.40× | — |
8季度趋势，按日历期对齐
现金及短期投资FUNWD
| Q4 25 | $91.1M | $299.3M | ||
| Q3 25 | $70.7M | $274.8M | ||
| Q2 25 | $107.4M | $233.7M | ||
| Q1 25 | $61.5M | $181.0M | ||
| Q4 24 | — | $279.3M | ||
| Q3 24 | $89.7M | $179.8M | ||
| Q2 24 | $52.9M | $208.1M | ||
| Q1 24 | — | $216.5M |
总债务FUNWD
| 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 | — | ||
| Q1 24 | — | — |
股东权益FUNWD
| Q4 25 | $549.8M | $1.7B | ||
| Q3 25 | $614.3M | $1.8B | ||
| Q2 25 | $1.8B | $1.8B | ||
| Q1 25 | $1.8B | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $2.3B | $1.7B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.7B |
总资产FUNWD
| Q4 25 | $7.8B | $5.1B | ||
| Q3 25 | $7.9B | $5.8B | ||
| Q2 25 | $9.5B | $4.7B | ||
| Q1 25 | $9.2B | $4.5B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | $9.4B | $4.6B | ||
| Q2 24 | $2.3B | $4.2B | ||
| Q1 24 | — | $3.8B |
负债/权益比FUNWD
| Q4 25 | 9.40× | — | ||
| Q3 25 | 8.16× | — | ||
| Q2 25 | 2.97× | — | ||
| Q1 25 | 2.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.95× | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $-37.7M | $-664.3M |
| 自由现金流经营现金流 - 资本支出 | $-109.3M | $-680.1M |
| 自由现金流率自由现金流/营收 | -16.8% | -200.0% |
| 资本支出强度资本支出/营收 | 11.0% | 4.6% |
| 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 | $-152.2M | $-2.2B |
8季度趋势，按日历期对齐
经营现金流FUNWD
| Q4 25 | $-37.7M | $-664.3M | ||
| Q3 25 | $356.2M | $-948.1M | ||
| Q2 25 | $187.0M | $-238.5M | ||
| Q1 25 | $-178.0M | $-281.1M | ||
| Q4 24 | — | $129.4M | ||
| Q3 24 | $337.4M | $-202.0M | ||
| Q2 24 | — | $-237.8M | ||
| Q1 24 | — | $38.4M |
自由现金流FUNWD
| Q4 25 | $-109.3M | $-680.1M | ||
| Q3 25 | $256.2M | $-950.4M | ||
| Q2 25 | $18.8M | $-241.0M | ||
| Q1 25 | $-318.0M | $-284.7M | ||
| Q4 24 | — | $116.4M | ||
| Q3 24 | $227.7M | $-204.0M | ||
| Q2 24 | — | $-241.7M | ||
| Q1 24 | — | $35.2M |
自由现金流率FUNWD
| Q4 25 | -16.8% | -200.0% | ||
| Q3 25 | 19.4% | -281.5% | ||
| Q2 25 | 2.0% | -75.5% | ||
| Q1 25 | -157.4% | -120.0% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | 16.9% | -69.8% | ||
| Q2 24 | — | -89.3% | ||
| Q1 24 | — | 15.4% |
资本支出强度FUNWD
| Q4 25 | 11.0% | 4.6% | ||
| Q3 25 | 7.6% | 0.7% | ||
| Q2 25 | 18.1% | 0.8% | ||
| Q1 25 | 69.3% | 1.5% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | 8.1% | 0.7% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 1.4% |
现金转化率FUNWD
| Q4 25 | — | — | ||
| Q3 25 | — | -28.34× | ||
| Q2 25 | — | -7.02× | ||
| Q1 25 | — | -102.07× | ||
| Q4 24 | — | 2.89× | ||
| Q3 24 | 3.04× | -7.01× | ||
| Q2 24 | — | -10.49× | ||
| Q1 24 | — | 3.24× |
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
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
WD
暂无分部数据
