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盖璞（GAP）与Childrens Place, Inc.（PLCE）财务数据对比。点击上方公司名可切换其他公司
盖璞的季度营收约是Childrens Place, Inc.的11.6倍（$3.9B vs $339.5M）。盖璞净利率更高（6.0% vs -1.3%，领先7.3%）。盖璞同比增速更快（3.0% vs -13.0%）。盖璞自由现金流更多（$153.0M vs $-3.4M）。过去两年盖璞的营收复合增速更高（-4.2% vs -13.6%）
盖璞（Gap Inc.）是总部位于美国加利福尼亚州旧金山的跨国服饰零售商，1969年由唐纳德·费舍尔与多丽丝·费舍尔创立，旗下拥有Gap、Banana Republic、Old Navy、Athleta四大核心品牌，是美国最大的服饰零售商之一，全球门店数量位列全球第三，仅次于Inditex集团和H&M。
Children’s Place是专业儿童服饰零售商，产品主要以旗下自有品牌发售，涵盖Gymboree、Sugar & Jade、PJ Place、Crazy 8等。目前该品牌在美国、加拿大、波多黎各共开设约525家门店，同时通过两个线上渠道以及15个国家的5家加盟合作伙伴开展销售，产品涵盖上衣、裙装、鞋履、裤装、睡衣、背包等全品类儿童服饰配件。
GAP vs PLCE — 直观对比
营收规模更大
GAP
是对方的11.6倍
$339.5M
营收增速更快
GAP
高出15.9%
-13.0%
净利率更高
GAP
高出7.3%
-1.3%
自由现金流更多
GAP
多$156.4M
$-3.4M
两年增速更快
GAP
近两年复合增速
-13.6%
损益表 — Q3 2026 vs Q4 2026
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $339.5M |
| 净利润 | $236.0M | $-4.3M |
| 毛利率 | 42.4% | 33.1% |
| 营业利润率 | 8.5% | 1.1% |
| 净利率 | 6.0% | -1.3% |
| 营收同比 | 3.0% | -13.0% |
| 净利润同比 | -13.9% | -121.5% |
| 每股收益（稀释后） | $0.62 | $-0.19 |
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GAPPLCE
| Q4 25 | $3.9B | $339.5M | ||
| Q3 25 | $3.7B | $298.0M | ||
| Q2 25 | $3.5B | $242.1M | ||
| Q1 25 | $4.1B | $408.6M | ||
| Q4 24 | $3.8B | $390.2M | ||
| Q3 24 | $3.7B | $319.7M | ||
| Q2 24 | $3.4B | $267.9M | ||
| Q1 24 | $4.3B | $455.0M |
净利润GAPPLCE
| Q4 25 | $236.0M | $-4.3M | ||
| Q3 25 | $216.0M | $-5.4M | ||
| Q2 25 | $193.0M | $-34.0M | ||
| Q1 25 | $206.0M | $-8.0M | ||
| Q4 24 | $274.0M | $20.1M | ||
| Q3 24 | $206.0M | $-32.1M | ||
| Q2 24 | $158.0M | $-37.8M | ||
| Q1 24 | $185.0M | $-128.8M |
毛利率GAPPLCE
| Q4 25 | 42.4% | 33.1% | ||
| Q3 25 | 41.2% | 34.0% | ||
| Q2 25 | 41.8% | 29.2% | ||
| Q1 25 | 38.9% | 28.5% | ||
| Q4 24 | 42.7% | 35.5% | ||
| Q3 24 | 42.6% | 35.0% | ||
| Q2 24 | 41.2% | 34.6% | ||
| Q1 24 | 38.9% | 21.8% |
营业利润率GAPPLCE
| Q4 25 | 8.5% | 1.1% | ||
| Q3 25 | 7.8% | 1.4% | ||
| Q2 25 | 7.5% | -10.0% | ||
| Q1 25 | 6.2% | 1.7% | ||
| Q4 24 | 9.3% | 7.5% | ||
| Q3 24 | 7.9% | -6.8% | ||
| Q2 24 | 6.1% | -10.4% | ||
| Q1 24 | 5.0% | -13.6% |
净利率GAPPLCE
| Q4 25 | 6.0% | -1.3% | ||
| Q3 25 | 5.8% | -1.8% | ||
| Q2 25 | 5.6% | -14.1% | ||
| Q1 25 | 5.0% | -2.0% | ||
| Q4 24 | 7.2% | 5.1% | ||
| Q3 24 | 5.5% | -10.0% | ||
| Q2 24 | 4.7% | -14.1% | ||
| Q1 24 | 4.3% | -28.3% |
每股收益（稀释后）GAPPLCE
| Q4 25 | $0.62 | $-0.19 | ||
| Q3 25 | $0.57 | $-0.24 | ||
| Q2 25 | $0.51 | $-1.57 | ||
| Q1 25 | $0.53 | $-0.60 | ||
| Q4 24 | $0.72 | $1.57 | ||
| Q3 24 | $0.54 | $-2.51 | ||
| Q2 24 | $0.41 | $-2.98 | ||
| Q1 24 | $0.49 | $-10.24 |
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 | $2.5B | $7.3M |
| 总债务越低越好 | — | $107.4M |
| 股东权益账面价值 | $3.6B | $-8.6M |
| 总资产 | $12.4B | $762.5M |
| 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GAPPLCE
| Q4 25 | $2.5B | $7.3M | ||
| Q3 25 | $2.4B | $7.8M | ||
| Q2 25 | $2.2B | $5.7M | ||
| Q1 25 | $2.6B | $5.3M | ||
| Q4 24 | $2.2B | $5.7M | ||
| Q3 24 | $2.1B | $9.6M | ||
| Q2 24 | $1.7B | $13.0M | ||
| Q1 24 | $1.9B | $13.6M |
总债务GAPPLCE
| Q4 25 | — | $107.4M | ||
| Q3 25 | — | $107.2M | ||
| Q2 25 | — | $107.0M | ||
| Q1 25 | — | $166.0M | ||
| Q4 24 | — | $165.7M | ||
| Q3 24 | — | $165.4M | ||
| Q2 24 | — | $166.6M | ||
| Q1 24 | — | $49.8M |
股东权益GAPPLCE
| Q4 25 | $3.6B | $-8.6M | ||
| Q3 25 | $3.4B | $-4.9M | ||
| Q2 25 | $3.3B | $1.4M | ||
| Q1 25 | $3.3B | $-59.4M | ||
| Q4 24 | $3.1B | $-49.6M | ||
| Q3 24 | $2.9B | $-68.9M | ||
| Q2 24 | $2.7B | $-34.9M | ||
| Q1 24 | $2.6B | $-9.0M |
总资产GAPPLCE
| Q4 25 | $12.4B | $762.5M | ||
| Q3 25 | $12.1B | $805.1M | ||
| Q2 25 | $11.6B | $779.6M | ||
| Q1 25 | $11.9B | $747.6M | ||
| Q4 24 | $11.9B | $888.8M | ||
| Q3 24 | $11.5B | $921.4M | ||
| Q2 24 | $10.9B | $848.3M | ||
| Q1 24 | $11.0B | $800.3M |
负债/权益比GAPPLCE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 75.63× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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 | $299.0M | $6.2M |
| 自由现金流经营现金流 - 资本支出 | $153.0M | $-3.4M |
| 自由现金流率自由现金流/营收 | 3.9% | -1.0% |
| 资本支出强度资本支出/营收 | 3.7% | 2.8% |
| 现金转化率经营现金流/净利润 | 1.27× | — |
| 过去12个月自由现金流最近4个季度 | $779.0M | $39.5M |
8季度趋势，按日历期对齐
经营现金流GAPPLCE
| Q4 25 | $299.0M | $6.2M | ||
| Q3 25 | $448.0M | $-30.5M | ||
| Q2 25 | $-140.0M | $-43.0M | ||
| Q1 25 | $616.0M | $121.3M | ||
| Q4 24 | $291.0M | $-44.2M | ||
| Q3 24 | $549.0M | $-83.9M | ||
| Q2 24 | $30.0M | $-110.8M | ||
| Q1 24 | $700.0M | $135.4M |
自由现金流GAPPLCE
| Q4 25 | $153.0M | $-3.4M | ||
| Q3 25 | $350.0M | $-31.9M | ||
| Q2 25 | $-223.0M | $-46.4M | ||
| Q1 25 | $499.0M | $121.2M | ||
| Q4 24 | $143.0M | $-47.7M | ||
| Q3 24 | $460.0M | $-91.7M | ||
| Q2 24 | $-63.0M | $-115.5M | ||
| Q1 24 | $568.0M | $132.2M |
自由现金流率GAPPLCE
| Q4 25 | 3.9% | -1.0% | ||
| Q3 25 | 9.4% | -10.7% | ||
| Q2 25 | -6.4% | -19.2% | ||
| Q1 25 | 12.0% | 29.7% | ||
| Q4 24 | 3.7% | -12.2% | ||
| Q3 24 | 12.4% | -28.7% | ||
| Q2 24 | -1.9% | -43.1% | ||
| Q1 24 | 13.2% | 29.1% |
资本支出强度GAPPLCE
| Q4 25 | 3.7% | 2.8% | ||
| Q3 25 | 2.6% | 0.5% | ||
| Q2 25 | 2.4% | 1.4% | ||
| Q1 25 | 2.8% | 0.0% | ||
| Q4 24 | 3.9% | 0.9% | ||
| Q3 24 | 2.4% | 2.4% | ||
| Q2 24 | 2.7% | 1.8% | ||
| Q1 24 | 3.1% | 0.7% |
现金转化率GAPPLCE
| Q4 25 | 1.27× | — | ||
| Q3 25 | 2.07× | — | ||
| Q2 25 | -0.73× | — | ||
| Q1 25 | 2.99× | — | ||
| Q4 24 | 1.06× | -2.20× | ||
| Q3 24 | 2.67× | — | ||
| Q2 24 | 0.19× | — | ||
| Q1 24 | 3.78× | — |
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
GAP
| Other | $2.2B | 55% |
| Online Sales | $1.6B | 40% |
| CA | $191.0M | 5% |
| Other Regions | $13.0M | 0% |
PLCE
| The Childrens Place US | $307.4M | 91% |
| The Childrens Place International | $32.1M | 9% |
| Gift Cards | $1.7M | 1% |
