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GREENLIGHT CAPITAL RE, LTD.（GLRE）与MARCUS CORP（MCS）财务数据对比。点击上方公司名可切换其他公司
GREENLIGHT CAPITAL RE, LTD.的季度营收约是MARCUS CORP的1.1倍（$210.3M vs $193.5M），GREENLIGHT CAPITAL RE, LTD.同比增速更快（48.3% vs 2.8%），过去两年MARCUS CORP的营收复合增速更高（18.2% vs 4.8%）
绿光资本再保险有限公司关联的绿光资本是1996年由大卫·艾因霍恩创立的美国对冲基金，主要投资北美公开交易的企业债务产品与股票，因2008年雷曼兄弟破产前做空其股票、2012年1月在英国因内幕交易被罚1100万美元而受到市场关注，艾因霍恩至今仍担任该基金管理人。
马库斯公司是一家美国企业，主营商业地产领域相关服务，业务覆盖美国与加拿大，提供商业地产经纪、按揭经纪、行业研究以及咨询服务，首创了由单一经纪公司独家代理房源挂牌的行业模式，目前在美加两国设有超过80家办公室，拥有员工超1800名。
GLRE vs MCS — 直观对比
营收规模更大
GLRE
是对方的1.1倍
$193.5M
营收增速更快
GLRE
高出45.5%
2.8%
两年增速更快
MCS
近两年复合增速
4.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $210.3M | $193.5M |
| 净利润 | $49.3M | — |
| 毛利率 | — | — |
| 营业利润率 | — | 0.9% |
| 净利率 | 23.4% | — |
| 营收同比 | 48.3% | 2.8% |
| 净利润同比 | 279.7% | — |
| 每股收益（稀释后） | $1.43 | — |
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GLREMCS
| Q4 25 | $210.3M | $193.5M | ||
| Q3 25 | $146.1M | $210.2M | ||
| Q2 25 | $160.1M | $206.0M | ||
| Q1 25 | $213.3M | $148.8M | ||
| Q4 24 | $141.8M | $188.3M | ||
| Q3 24 | $188.0M | $232.7M | ||
| Q2 24 | $174.9M | $176.0M | ||
| Q1 24 | $191.3M | $138.5M |
净利润GLREMCS
| Q4 25 | $49.3M | — | ||
| Q3 25 | $-4.4M | $16.2M | ||
| Q2 25 | $329.0K | $7.3M | ||
| Q1 25 | $29.6M | $-16.8M | ||
| Q4 24 | $-27.4M | $986.0K | ||
| Q3 24 | $35.2M | $23.3M | ||
| Q2 24 | $8.0M | $-20.2M | ||
| Q1 24 | $27.0M | $-11.9M |
营业利润率GLREMCS
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | — | 6.3% | ||
| Q1 25 | — | -13.7% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | — | 14.1% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | -12.0% |
净利率GLREMCS
| Q4 25 | 23.4% | — | ||
| Q3 25 | -3.0% | 7.7% | ||
| Q2 25 | 0.2% | 3.6% | ||
| Q1 25 | 13.9% | -11.3% | ||
| Q4 24 | -19.3% | 0.5% | ||
| Q3 24 | 18.7% | 10.0% | ||
| Q2 24 | 4.6% | -11.5% | ||
| Q1 24 | 14.1% | -8.6% |
每股收益（稀释后）GLREMCS
| Q4 25 | $1.43 | — | ||
| Q3 25 | $-0.13 | — | ||
| Q2 25 | $0.01 | — | ||
| Q1 25 | $0.86 | — | ||
| Q4 24 | $-0.78 | — | ||
| Q3 24 | $1.01 | — | ||
| Q2 24 | $0.23 | — | ||
| Q1 24 | $0.78 | — |
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 | $111.8M | $23.4M |
| 总债务越低越好 | $4.7M | $159.0M |
| 股东权益账面价值 | $708.0M | $457.4M |
| 总资产 | $2.2B | $1.0B |
| 负债/权益比越低杠杆越低 | 0.01× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资GLREMCS
| Q4 25 | $111.8M | $23.4M | ||
| Q3 25 | $68.8M | $7.4M | ||
| Q2 25 | $82.4M | $14.9M | ||
| Q1 25 | $47.5M | $11.9M | ||
| Q4 24 | $64.7M | $40.8M | ||
| Q3 24 | $54.6M | $28.4M | ||
| Q2 24 | $52.2M | $32.8M | ||
| Q1 24 | $61.6M | $17.3M |
总债务GLREMCS
| Q4 25 | $4.7M | $159.0M | ||
| Q3 25 | $34.7M | $162.0M | ||
| Q2 25 | $58.9M | $179.9M | ||
| Q1 25 | $59.8M | $198.9M | ||
| Q4 24 | $60.7M | $159.1M | ||
| Q3 24 | $62.6M | $173.1M | ||
| Q2 24 | $61.6M | $175.7M | ||
| Q1 24 | $72.5M | $169.8M |
股东权益GLREMCS
| Q4 25 | $708.0M | $457.4M | ||
| Q3 25 | $658.9M | $454.3M | ||
| Q2 25 | $663.3M | $448.4M | ||
| Q1 25 | $666.8M | $441.8M | ||
| Q4 24 | $635.9M | $464.9M | ||
| Q3 24 | $663.4M | $462.3M | ||
| Q2 24 | $634.0M | $449.4M | ||
| Q1 24 | $624.5M | $459.3M |
总资产GLREMCS
| Q4 25 | $2.2B | $1.0B | ||
| Q3 25 | $2.1B | $1.0B | ||
| Q2 25 | $2.2B | $1.0B | ||
| Q1 25 | $2.2B | $1.0B | ||
| Q4 24 | $2.0B | $1.0B | ||
| Q3 24 | $2.0B | $1.0B | ||
| Q2 24 | $1.9B | $1.1B | ||
| Q1 24 | $1.9B | $1.0B |
负债/权益比GLREMCS
| Q4 25 | 0.01× | 0.35× | ||
| Q3 25 | 0.05× | 0.36× | ||
| Q2 25 | 0.09× | 0.40× | ||
| Q1 25 | 0.09× | 0.45× | ||
| Q4 24 | 0.10× | 0.34× | ||
| Q3 24 | 0.09× | 0.37× | ||
| Q2 24 | 0.10× | 0.39× | ||
| Q1 24 | 0.12× | 0.37× |
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 | $100.2M | $48.8M |
| 自由现金流经营现金流 - 资本支出 | — | $26.4M |
| 自由现金流率自由现金流/营收 | — | 13.6% |
| 资本支出强度资本支出/营收 | — | 11.6% |
| 现金转化率经营现金流/净利润 | 2.03× | — |
| 过去12个月自由现金流最近4个季度 | — | $989.0K |
8季度趋势，按日历期对齐
经营现金流GLREMCS
| Q4 25 | $100.2M | $48.8M | ||
| Q3 25 | $31.2M | $39.1M | ||
| Q2 25 | $68.4M | $31.6M | ||
| Q1 25 | $10.4M | $-35.3M | ||
| Q4 24 | $29.5M | $52.6M | ||
| Q3 24 | $41.3M | $30.5M | ||
| Q2 24 | $22.7M | $36.0M | ||
| Q1 24 | $18.0M | $-15.1M |
自由现金流GLREMCS
| Q4 25 | — | $26.4M | ||
| Q3 25 | — | $18.2M | ||
| Q2 25 | — | $14.7M | ||
| Q1 25 | — | $-58.3M | ||
| Q4 24 | — | $27.1M | ||
| Q3 24 | — | $12.0M | ||
| Q2 24 | — | $16.1M | ||
| Q1 24 | — | $-30.5M |
自由现金流率GLREMCS
| Q4 25 | — | 13.6% | ||
| Q3 25 | — | 8.7% | ||
| Q2 25 | — | 7.1% | ||
| Q1 25 | — | -39.2% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 9.2% | ||
| Q1 24 | — | -22.0% |
资本支出强度GLREMCS
| Q4 25 | — | 11.6% | ||
| Q3 25 | — | 9.9% | ||
| Q2 25 | — | 8.2% | ||
| Q1 25 | — | 15.5% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | 11.3% | ||
| Q1 24 | — | 11.1% |
现金转化率GLREMCS
| Q4 25 | 2.03× | — | ||
| Q3 25 | — | 2.41× | ||
| Q2 25 | 208.02× | 4.32× | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | — | 53.31× | ||
| Q3 24 | 1.17× | 1.31× | ||
| Q2 24 | 2.85× | — | ||
| Q1 24 | 0.66× | — |
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
GLRE
| Other | $124.7M | 59% |
| Innovations | $85.6M | 41% |
MCS
| Theatres | $123.1M | 64% |
| Concessions | $51.0M | 26% |
| Food And Beverage | $21.2M | 11% |
