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HAVERTY FURNITURE COMPANIES INC（HVT）与MARCUS CORP（MCS）财务数据对比。点击上方公司名可切换其他公司
HAVERTY FURNITURE COMPANIES INC的季度营收约是MARCUS CORP的1.0倍（$201.9M vs $193.5M），HAVERTY FURNITURE COMPANIES INC同比增速更快（9.5% vs 2.8%），MARCUS CORP自由现金流更多（$26.4M vs $3.0M），过去两年MARCUS CORP的营收复合增速更高（18.2% 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。
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。
HVT vs MCS — 直观对比
营收规模更大
HVT
是对方的1.0倍
$193.5M
营收增速更快
HVT
高出6.8%
2.8%
自由现金流更多
MCS
多$23.4M
$3.0M
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 | $201.9M | $193.5M |
| 净利润 | $8.5M | — |
| 毛利率 | 60.4% | — |
| 营业利润率 | 5.3% | 0.9% |
| 净利率 | 4.2% | — |
| 营收同比 | 9.5% | 2.8% |
| 净利润同比 | 4.1% | — |
| 每股收益（稀释后） | — | — |
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HVTMCS
| Q4 25 | $201.9M | $193.5M | ||
| Q3 25 | $194.5M | $210.2M | ||
| Q2 25 | $181.0M | $206.0M | ||
| Q1 25 | $181.6M | $148.8M | ||
| Q4 24 | $184.4M | $188.3M | ||
| Q3 24 | $175.9M | $232.7M | ||
| Q2 24 | $178.6M | $176.0M | ||
| Q1 24 | $184.0M | $138.5M |
净利润HVTMCS
| Q4 25 | $8.5M | — | ||
| Q3 25 | $4.7M | $16.2M | ||
| Q2 25 | $2.7M | $7.3M | ||
| Q1 25 | $3.8M | $-16.8M | ||
| Q4 24 | $8.2M | $986.0K | ||
| Q3 24 | $4.9M | $23.3M | ||
| Q2 24 | $4.4M | $-20.2M | ||
| Q1 24 | $2.4M | $-11.9M |
毛利率HVTMCS
| 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HVTMCS
| Q4 25 | 5.3% | 0.9% | ||
| Q3 25 | 3.3% | 10.8% | ||
| Q2 25 | 2.4% | 6.3% | ||
| Q1 25 | 2.9% | -13.7% | ||
| Q4 24 | 5.2% | -1.2% | ||
| Q3 24 | 3.9% | 14.1% | ||
| Q2 24 | 3.6% | 1.3% | ||
| Q1 24 | 1.7% | -12.0% |
净利率HVTMCS
| Q4 25 | 4.2% | — | ||
| Q3 25 | 2.4% | 7.7% | ||
| Q2 25 | 1.5% | 3.6% | ||
| Q1 25 | 2.1% | -11.3% | ||
| Q4 24 | 4.4% | 0.5% | ||
| Q3 24 | 2.8% | 10.0% | ||
| Q2 24 | 2.5% | -11.5% | ||
| Q1 24 | 1.3% | -8.6% |
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 | $23.4M |
| 总债务越低越好 | — | $159.0M |
| 股东权益账面价值 | $307.9M | $457.4M |
| 总资产 | $649.1M | $1.0B |
| 负债/权益比越低杠杆越低 | — | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资HVTMCS
| Q4 25 | $125.3M | $23.4M | ||
| Q3 25 | $130.5M | $7.4M | ||
| Q2 25 | $107.4M | $14.9M | ||
| Q1 25 | $111.9M | $11.9M | ||
| Q4 24 | $120.0M | $40.8M | ||
| Q3 24 | $121.2M | $28.4M | ||
| Q2 24 | $109.9M | $32.8M | ||
| Q1 24 | $111.8M | $17.3M |
总债务HVTMCS
| Q4 25 | — | $159.0M | ||
| Q3 25 | — | $162.0M | ||
| Q2 25 | — | $179.9M | ||
| Q1 25 | — | $198.9M | ||
| Q4 24 | — | $159.1M | ||
| Q3 24 | — | $173.1M | ||
| Q2 24 | — | $175.7M | ||
| Q1 24 | — | $169.8M |
股东权益HVTMCS
| Q4 25 | $307.9M | $457.4M | ||
| Q3 25 | $306.0M | $454.3M | ||
| Q2 25 | $304.9M | $448.4M | ||
| Q1 25 | $305.4M | $441.8M | ||
| Q4 24 | $307.6M | $464.9M | ||
| Q3 24 | $307.8M | $462.3M | ||
| Q2 24 | $307.1M | $449.4M | ||
| Q1 24 | $306.7M | $459.3M |
总资产HVTMCS
| Q4 25 | $649.1M | $1.0B | ||
| Q3 25 | $651.7M | $1.0B | ||
| Q2 25 | $642.7M | $1.0B | ||
| Q1 25 | $642.7M | $1.0B | ||
| Q4 24 | $648.7M | $1.0B | ||
| Q3 24 | $659.3M | $1.0B | ||
| Q2 24 | $642.1M | $1.1B | ||
| Q1 24 | $640.5M | $1.0B |
负债/权益比HVTMCS
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.36× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.45× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.39× | ||
| Q1 24 | — | 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 | $7.4M | $48.8M |
| 自由现金流经营现金流 - 资本支出 | $3.0M | $26.4M |
| 自由现金流率自由现金流/营收 | 1.5% | 13.6% |
| 资本支出强度资本支出/营收 | 2.2% | 11.6% |
| 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 | $989.0K |
8季度趋势，按日历期对齐
经营现金流HVTMCS
| Q4 25 | $7.4M | $48.8M | ||
| Q3 25 | $31.9M | $39.1M | ||
| Q2 25 | $7.2M | $31.6M | ||
| Q1 25 | $6.2M | $-35.3M | ||
| Q4 24 | $16.9M | $52.6M | ||
| Q3 24 | $24.4M | $30.5M | ||
| Q2 24 | $14.4M | $36.0M | ||
| Q1 24 | $3.1M | $-15.1M |
自由现金流HVTMCS
| Q4 25 | $3.0M | $26.4M | ||
| Q3 25 | $28.3M | $18.2M | ||
| Q2 25 | $1.6M | $14.7M | ||
| Q1 25 | $27.0K | $-58.3M | ||
| Q4 24 | $9.1M | $27.1M | ||
| Q3 24 | $16.1M | $12.0M | ||
| Q2 24 | $4.9M | $16.1M | ||
| Q1 24 | $-3.3M | $-30.5M |
自由现金流率HVTMCS
| Q4 25 | 1.5% | 13.6% | ||
| Q3 25 | 14.6% | 8.7% | ||
| Q2 25 | 0.9% | 7.1% | ||
| Q1 25 | 0.0% | -39.2% | ||
| Q4 24 | 4.9% | 14.4% | ||
| Q3 24 | 9.2% | 5.2% | ||
| Q2 24 | 2.7% | 9.2% | ||
| Q1 24 | -1.8% | -22.0% |
资本支出强度HVTMCS
| Q4 25 | 2.2% | 11.6% | ||
| Q3 25 | 1.8% | 9.9% | ||
| Q2 25 | 3.1% | 8.2% | ||
| Q1 25 | 3.4% | 15.5% | ||
| Q4 24 | 4.2% | 13.5% | ||
| Q3 24 | 4.7% | 7.9% | ||
| Q2 24 | 5.3% | 11.3% | ||
| Q1 24 | 3.5% | 11.1% |
现金转化率HVTMCS
| Q4 25 | 0.86× | — | ||
| Q3 25 | 6.75× | 2.41× | ||
| Q2 25 | 2.69× | 4.32× | ||
| Q1 25 | 1.63× | — | ||
| Q4 24 | 2.06× | 53.31× | ||
| Q3 24 | 4.96× | 1.31× | ||
| Q2 24 | 3.25× | — | ||
| 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% |
MCS
| Theatres | $123.1M | 64% |
| Concessions | $51.0M | 26% |
| Food And Beverage | $21.2M | 11% |
