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华利安（HLI）与WEIS MARKETS INC（WMK）财务数据对比。点击上方公司名可切换其他公司
WEIS MARKETS INC的季度营收约是华利安的1.8倍（$1.3B vs $717.1M），华利安净利率更高（16.3% vs 2.5%，领先13.8%），华利安同比增速更快（13.0% vs 5.0%），华利安自由现金流更多（$217.0M vs $36.4M），过去两年华利安的营收复合增速更高（17.4% vs 4.7%）
华利安是美国知名跨国独立投资银行及金融服务机构，1972年成立，总部位于加利福尼亚州洛杉矶世纪城的星座广场。公司为上市企业、非公众公司、机构及政府主体提供专业服务，核心业务涵盖并购咨询、资本解决方案、重组与困境并购、公允意见出具，以及财务与估值顾问等领域。
魏斯市场（Weis Markets）是美国本土食品零售企业，总部位于宾夕法尼亚州森伯里。目前在宾夕法尼亚、马里兰、纽约、新泽西、西弗吉尼亚、弗吉尼亚、特拉华七个州运营200家门店，员工规模超2.3万人。
HLI vs WMK — 直观对比
营收规模更大
WMK
是对方的1.8倍
$717.1M
营收增速更快
HLI
高出8.0%
5.0%
净利率更高
HLI
高出13.8%
2.5%
自由现金流更多
HLI
多$180.6M
$36.4M
两年增速更快
HLI
近两年复合增速
4.7%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $717.1M | $1.3B |
| 净利润 | $116.5M | $32.0M |
| 毛利率 | 32.2% | 25.3% |
| 营业利润率 | 22.4% | 3.2% |
| 净利率 | 16.3% | 2.5% |
| 营收同比 | 13.0% | 5.0% |
| 净利润同比 | 22.3% | -5.1% |
| 每股收益（稀释后） | $1.70 | $1.27 |
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HLIWMK
| Q4 25 | $717.1M | $1.3B | ||
| Q3 25 | $659.5M | $1.2B | ||
| Q2 25 | $605.3M | $1.2B | ||
| Q1 25 | $666.4M | $1.2B | ||
| Q4 24 | $634.4M | $1.2B | ||
| Q3 24 | $575.0M | $1.2B | ||
| Q2 24 | $513.6M | $1.2B | ||
| Q1 24 | $520.5M | $1.2B |
净利润HLIWMK
| Q4 25 | $116.5M | $32.0M | ||
| Q3 25 | $111.8M | $16.9M | ||
| Q2 25 | $97.5M | $25.3M | ||
| Q1 25 | $121.9M | $19.5M | ||
| Q4 24 | $95.3M | $33.7M | ||
| Q3 24 | $93.5M | $24.5M | ||
| Q2 24 | $88.9M | $25.4M | ||
| Q1 24 | $81.1M | $22.4M |
毛利率HLIWMK
| Q4 25 | 32.2% | 25.3% | ||
| Q3 25 | 33.8% | 24.7% | ||
| Q2 25 | 31.0% | 25.2% | ||
| Q1 25 | 33.9% | 24.8% | ||
| Q4 24 | 31.4% | 25.4% | ||
| Q3 24 | 33.0% | 24.6% | ||
| Q2 24 | 30.6% | 25.1% | ||
| Q1 24 | 30.3% | 24.9% |
营业利润率HLIWMK
| Q4 25 | 22.4% | 3.2% | ||
| Q3 25 | 22.9% | 1.7% | ||
| Q2 25 | 14.8% | 2.5% | ||
| Q1 25 | 20.9% | 1.8% | ||
| Q4 24 | 21.5% | 3.3% | ||
| Q3 24 | 22.7% | 2.3% | ||
| Q2 24 | 18.6% | 2.6% | ||
| Q1 24 | 19.7% | 2.2% |
净利率HLIWMK
| Q4 25 | 16.3% | 2.5% | ||
| Q3 25 | 17.0% | 1.4% | ||
| Q2 25 | 16.1% | 2.1% | ||
| Q1 25 | 18.3% | 1.6% | ||
| Q4 24 | 15.0% | 2.7% | ||
| Q3 24 | 16.3% | 2.1% | ||
| Q2 24 | 17.3% | 2.1% | ||
| Q1 24 | 15.6% | 1.9% |
每股收益（稀释后）HLIWMK
| Q4 25 | $1.70 | $1.27 | ||
| Q3 25 | $1.63 | $0.69 | ||
| Q2 25 | $1.42 | $0.96 | ||
| Q1 25 | $1.76 | $0.73 | ||
| Q4 24 | $1.39 | $1.25 | ||
| Q3 24 | $1.37 | $0.91 | ||
| Q2 24 | $1.30 | $0.95 | ||
| Q1 24 | $1.18 | $0.83 |
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 | $1.1B | $214.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.3B | $1.4B |
| 总资产 | $3.9B | $2.0B |
| 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HLIWMK
| Q4 25 | $1.1B | $214.2M | ||
| Q3 25 | $923.6M | $177.6M | ||
| Q2 25 | $793.8M | $188.8M | ||
| Q1 25 | $971.0M | $337.9M | ||
| Q4 24 | $799.3M | $382.3M | ||
| Q3 24 | $691.4M | $381.2M | ||
| Q2 24 | $449.7M | $398.7M | ||
| Q1 24 | $721.2M | $397.5M |
股东权益HLIWMK
| Q4 25 | $2.3B | $1.4B | ||
| Q3 25 | $2.2B | $1.3B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $2.2B | $1.4B | ||
| Q4 24 | $2.1B | $1.4B | ||
| Q3 24 | $2.0B | $1.4B | ||
| Q2 24 | $1.8B | $1.4B | ||
| Q1 24 | $1.8B | $1.4B |
总资产HLIWMK
| Q4 25 | $3.9B | $2.0B | ||
| Q3 25 | $3.8B | $2.0B | ||
| Q2 25 | $3.5B | $1.9B | ||
| Q1 25 | $3.8B | $2.1B | ||
| Q4 24 | $3.5B | $2.1B | ||
| Q3 24 | $3.2B | $2.1B | ||
| Q2 24 | $2.9B | $2.1B | ||
| Q1 24 | $3.2B | $2.0B |
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 | $217.7M | $86.6M |
| 自由现金流经营现金流 - 资本支出 | $217.0M | $36.4M |
| 自由现金流率自由现金流/营收 | 30.3% | 2.8% |
| 资本支出强度资本支出/营收 | 0.1% | 3.9% |
| 现金转化率经营现金流/净利润 | 1.87× | 2.71× |
| 过去12个月自由现金流最近4个季度 | $738.9M | $4.8M |
8季度趋势，按日历期对齐
经营现金流HLIWMK
| Q4 25 | $217.7M | $86.6M | ||
| Q3 25 | $325.0M | $59.2M | ||
| Q2 25 | $-131.6M | $56.6M | ||
| Q1 25 | $358.4M | $4.9M | ||
| Q4 24 | $265.5M | $87.1M | ||
| Q3 24 | $289.2M | $25.8M | ||
| Q2 24 | $-64.5M | $40.3M | ||
| Q1 24 | $225.3M | $34.2M |
自由现金流HLIWMK
| Q4 25 | $217.0M | $36.4M | ||
| Q3 25 | $322.8M | $-4.7M | ||
| Q2 25 | $-144.8M | $1.4M | ||
| Q1 25 | $343.9M | $-28.3M | ||
| Q4 24 | $261.7M | $33.7M | ||
| Q3 24 | $278.7M | $-16.5M | ||
| Q2 24 | $-75.4M | $10.2M | ||
| Q1 24 | $213.1M | $-1.3M |
自由现金流率HLIWMK
| Q4 25 | 30.3% | 2.8% | ||
| Q3 25 | 49.0% | -0.4% | ||
| Q2 25 | -23.9% | 0.1% | ||
| Q1 25 | 51.6% | -2.4% | ||
| Q4 24 | 41.2% | 2.7% | ||
| Q3 24 | 48.5% | -1.4% | ||
| Q2 24 | -14.7% | 0.9% | ||
| Q1 24 | 40.9% | -0.1% |
资本支出强度HLIWMK
| Q4 25 | 0.1% | 3.9% | ||
| Q3 25 | 0.3% | 5.1% | ||
| Q2 25 | 2.2% | 4.5% | ||
| Q1 25 | 2.2% | 2.8% | ||
| Q4 24 | 0.6% | 4.3% | ||
| Q3 24 | 1.8% | 3.6% | ||
| Q2 24 | 2.1% | 2.5% | ||
| Q1 24 | 2.3% | 3.0% |
现金转化率HLIWMK
| Q4 25 | 1.87× | 2.71× | ||
| Q3 25 | 2.91× | 3.50× | ||
| Q2 25 | -1.35× | 2.24× | ||
| Q1 25 | 2.94× | 0.25× | ||
| Q4 24 | 2.79× | 2.59× | ||
| Q3 24 | 3.09× | 1.05× | ||
| Q2 24 | -0.73× | 1.58× | ||
| Q1 24 | 2.78× | 1.53× |
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
HLI
| Corporate Finance | $473.7M | 66% |
| Financial Restructuring | $156.3M | 22% |
| Financial Advisory Services | $87.1M | 12% |
WMK
| Grocery | $1.0B | 80% |
| Pharmacy | $186.7M | 14% |
| Fuel Product | $66.5M | 5% |
| Services | $5.9M | 0% |
| Manufacturing | $2.2M | 0% |
