vs
HAVERTY FURNITURE COMPANIES INC（HVT）与MACERICH CO（MAC）财务数据对比。点击上方公司名可切换其他公司
MACERICH CO的季度营收约是HAVERTY FURNITURE COMPANIES INC的1.3倍（$261.7M vs $201.9M），HAVERTY FURNITURE COMPANIES INC净利率更高（4.2% vs -7.2%，领先11.4%），HAVERTY FURNITURE COMPANIES INC同比增速更快（9.5% vs -4.4%），过去两年MACERICH CO的营收复合增速更高（12.0% vs 4.8%）
该企业原名为国际鞋业公司，1911年由两家鞋企合并成立于美国密苏里州克莱顿，后开展多元化业务并逐步退出制鞋领域，最终更名为家具品牌国际，是美国家居行业知名企业，曾拥有布罗伊希尔等多个知名家具品牌。
Macerich是一家专注于购物中心投资的房地产投资信托基金，为美国第三大购物中心持有及运营商。截至2024年12月31日，公司共持有43处物业的权益，可租赁总面积达4300万平方英尺，公司名称由创始人Mace Siegel与Richard Cohen的名字组合而来。
HVT vs MAC — 直观对比
营收规模更大
MAC
是对方的1.3倍
$201.9M
营收增速更快
HVT
高出13.9%
-4.4%
净利率更高
HVT
高出11.4%
-7.2%
两年增速更快
MAC
近两年复合增速
4.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $201.9M | $261.7M |
| 净利润 | $8.5M | $-18.8M |
| 毛利率 | 60.4% | — |
| 营业利润率 | 5.3% | — |
| 净利率 | 4.2% | -7.2% |
| 营收同比 | 9.5% | -4.4% |
| 净利润同比 | 4.1% | 91.1% |
| 每股收益（稀释后） | — | $-0.08 |
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HVTMAC
| Q4 25 | $201.9M | $261.7M | ||
| Q3 25 | $194.5M | $253.3M | ||
| Q2 25 | $181.0M | $249.8M | ||
| Q1 25 | $181.6M | $249.2M | ||
| Q4 24 | $184.4M | $273.7M | ||
| Q3 24 | $175.9M | $220.2M | ||
| Q2 24 | $178.6M | $215.5M | ||
| Q1 24 | $184.0M | $208.8M |
净利润HVTMAC
| Q4 25 | $8.5M | $-18.8M | ||
| Q3 25 | $4.7M | $-87.4M | ||
| Q2 25 | $2.7M | $-40.9M | ||
| Q1 25 | $3.8M | $-50.1M | ||
| Q4 24 | $8.2M | $-211.2M | ||
| Q3 24 | $4.9M | $-108.2M | ||
| Q2 24 | $4.4M | $252.0M | ||
| Q1 24 | $2.4M | $-126.7M |
毛利率HVTMAC
| Q4 25 | 60.4% | — | ||
| Q3 25 | 60.3% | — | ||
| Q2 25 | 60.8% | — | ||
| Q1 25 | 61.2% | — | ||
| Q4 24 | 61.9% | — | ||
| Q3 24 | 60.2% | — | ||
| Q2 24 | 60.4% | — | ||
| Q1 24 | 60.3% | — |
营业利润率HVTMAC
| Q4 25 | 5.3% | — | ||
| Q3 25 | 3.3% | — | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 5.2% | — | ||
| Q3 24 | 3.9% | — | ||
| Q2 24 | 3.6% | — | ||
| Q1 24 | 1.7% | — |
净利率HVTMAC
| Q4 25 | 4.2% | -7.2% | ||
| Q3 25 | 2.4% | -34.5% | ||
| Q2 25 | 1.5% | -16.4% | ||
| Q1 25 | 2.1% | -20.1% | ||
| Q4 24 | 4.4% | -77.2% | ||
| Q3 24 | 2.8% | -49.1% | ||
| Q2 24 | 2.5% | 116.9% | ||
| Q1 24 | 1.3% | -60.7% |
每股收益（稀释后）HVTMAC
| Q4 25 | — | $-0.08 | ||
| Q3 25 | — | $-0.34 | ||
| Q2 25 | — | $-0.16 | ||
| Q1 25 | — | $-0.20 | ||
| Q4 24 | — | $-0.95 | ||
| Q3 24 | — | $-0.50 | ||
| Q2 24 | — | $1.16 | ||
| Q1 24 | — | $-0.59 |
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 | $125.3M | $280.2M |
| 总债务越低越好 | — | $5.1B |
| 股东权益账面价值 | $307.9M | $2.4B |
| 总资产 | $649.1M | $8.4B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资HVTMAC
| Q4 25 | $125.3M | $280.2M | ||
| Q3 25 | $130.5M | $290.2M | ||
| Q2 25 | $107.4M | $131.1M | ||
| Q1 25 | $111.9M | $253.2M | ||
| Q4 24 | $120.0M | $89.9M | ||
| Q3 24 | $121.2M | $116.5M | ||
| Q2 24 | $109.9M | $70.7M | ||
| Q1 24 | $111.8M | $120.1M |
总债务HVTMAC
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | — | $5.2B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | — | $4.9B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.1B |
股东权益HVTMAC
| Q4 25 | $307.9M | $2.4B | ||
| Q3 25 | $306.0M | $2.5B | ||
| Q2 25 | $304.9M | $2.6B | ||
| Q1 25 | $305.4M | $2.7B | ||
| Q4 24 | $307.6M | $2.8B | ||
| Q3 24 | $307.8M | $2.5B | ||
| Q2 24 | $307.1M | $2.5B | ||
| Q1 24 | $306.7M | $2.3B |
总资产HVTMAC
| Q4 25 | $649.1M | $8.4B | ||
| Q3 25 | $651.7M | $8.4B | ||
| Q2 25 | $642.7M | $8.7B | ||
| Q1 25 | $642.7M | $8.7B | ||
| Q4 24 | $648.7M | $8.6B | ||
| Q3 24 | $659.3M | $7.6B | ||
| Q2 24 | $642.1M | $7.8B | ||
| Q1 24 | $640.5M | $7.4B |
负债/权益比HVTMAC
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.02× | ||
| Q2 25 | — | 2.02× | ||
| Q1 25 | — | 1.96× | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | 1.73× | ||
| Q2 24 | — | 1.75× | ||
| Q1 24 | — | 1.79× |
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 | $7.4M | $50.2M |
| 自由现金流经营现金流 - 资本支出 | $3.0M | — |
| 自由现金流率自由现金流/营收 | 1.5% | — |
| 资本支出强度资本支出/营收 | 2.2% | — |
| 现金转化率经营现金流/净利润 | 0.86× | — |
| 过去12个月自由现金流最近4个季度 | $33.0M | — |
8季度趋势，按日历期对齐
经营现金流HVTMAC
| Q4 25 | $7.4M | $50.2M | ||
| Q3 25 | $31.9M | $112.4M | ||
| Q2 25 | $7.2M | $70.5M | ||
| Q1 25 | $6.2M | $88.5M | ||
| Q4 24 | $16.9M | $54.9M | ||
| Q3 24 | $24.4M | $100.0M | ||
| Q2 24 | $14.4M | $67.4M | ||
| Q1 24 | $3.1M | $61.1M |
自由现金流HVTMAC
| Q4 25 | $3.0M | — | ||
| Q3 25 | $28.3M | — | ||
| Q2 25 | $1.6M | — | ||
| Q1 25 | $27.0K | — | ||
| Q4 24 | $9.1M | — | ||
| Q3 24 | $16.1M | — | ||
| Q2 24 | $4.9M | — | ||
| Q1 24 | $-3.3M | — |
自由现金流率HVTMAC
| Q4 25 | 1.5% | — | ||
| Q3 25 | 14.6% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 4.9% | — | ||
| Q3 24 | 9.2% | — | ||
| Q2 24 | 2.7% | — | ||
| Q1 24 | -1.8% | — |
资本支出强度HVTMAC
| Q4 25 | 2.2% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 3.4% | — | ||
| Q4 24 | 4.2% | — | ||
| Q3 24 | 4.7% | — | ||
| Q2 24 | 5.3% | — | ||
| Q1 24 | 3.5% | — |
现金转化率HVTMAC
| Q4 25 | 0.86× | — | ||
| Q3 25 | 6.75× | — | ||
| Q2 25 | 2.69× | — | ||
| Q1 25 | 1.63× | — | ||
| Q4 24 | 2.06× | — | ||
| Q3 24 | 4.96× | — | ||
| Q2 24 | 3.25× | 0.27× | ||
| Q1 24 | 1.31× | — |
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
HVT
| Upholstery | $91.0M | 45% |
| Bedroom Furniture | $29.2M | 14% |
| Accessories And Other | $28.4M | 14% |
| Dining Room Furniture | $22.8M | 11% |
| Mattresses | $16.1M | 8% |
| Occasional | $14.4M | 7% |
MAC
暂无分部数据
