vs
IMAX（IMAX）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
STURM RUGER & CO INC的季度营收约是IMAX的1.2倍（$151.1M vs $125.2M），IMAX同比增速更快（35.1% vs 3.6%），IMAX自由现金流更多（$28.0M vs $12.3M），过去两年IMAX的营收复合增速更高（25.8% vs 5.1%）
IMAX公司是加拿大的影视放映技术企业，1967年创立于蒙特利尔，总部位于多伦多地区，在纽约、洛杉矶均设有业务点。核心业务包括IMAX摄影机与放映系统的设计制造，同时面向全球合作影院提供影片开发、制作、后期及发行服务，是沉浸式观影技术领域的领先企业。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
IMAX vs RGR — 直观对比
营收规模更大
RGR
是对方的1.2倍
$125.2M
营收增速更快
IMAX
高出31.5%
3.6%
自由现金流更多
IMAX
多$15.6M
$12.3M
两年增速更快
IMAX
近两年复合增速
5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $151.1M |
| 净利润 | $637.0K | — |
| 毛利率 | 57.6% | 17.8% |
| 营业利润率 | 19.3% | 2.3% |
| 净利率 | 0.5% | — |
| 营收同比 | 35.1% | 3.6% |
| 净利润同比 | -88.0% | — |
| 每股收益（稀释后） | $0.02 | $0.22 |
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IMAXRGR
| Q4 25 | $125.2M | $151.1M | ||
| Q3 25 | $106.7M | $126.8M | ||
| Q2 25 | $91.7M | $132.5M | ||
| Q1 25 | $86.7M | $135.7M | ||
| Q4 24 | $92.7M | $145.8M | ||
| Q3 24 | $91.5M | $122.3M | ||
| Q2 24 | $89.0M | $130.8M | ||
| Q1 24 | $79.1M | $136.8M |
净利润IMAXRGR
| Q4 25 | $637.0K | — | ||
| Q3 25 | $20.7M | $1.6M | ||
| Q2 25 | $11.3M | $-17.2M | ||
| Q1 25 | $2.3M | $7.8M | ||
| Q4 24 | $5.3M | — | ||
| Q3 24 | $13.9M | $4.7M | ||
| Q2 24 | $3.6M | $8.3M | ||
| Q1 24 | $3.3M | $7.1M |
毛利率IMAXRGR
| Q4 25 | 57.6% | 17.8% | ||
| Q3 25 | 63.1% | 15.1% | ||
| Q2 25 | 58.5% | 3.9% | ||
| Q1 25 | 61.4% | 22.0% | ||
| Q4 24 | 52.2% | 22.8% | ||
| Q3 24 | 55.8% | 18.5% | ||
| Q2 24 | 49.4% | 22.3% | ||
| Q1 24 | 59.3% | 21.5% |
营业利润率IMAXRGR
| Q4 25 | 19.3% | 2.3% | ||
| Q3 25 | 27.2% | -2.7% | ||
| Q2 25 | 15.6% | -15.6% | ||
| Q1 25 | 19.3% | 6.2% | ||
| Q4 24 | 10.3% | 7.8% | ||
| Q3 24 | 21.2% | 3.1% | ||
| Q2 24 | 3.2% | 6.9% | ||
| Q1 24 | 15.3% | 5.5% |
净利率IMAXRGR
| Q4 25 | 0.5% | — | ||
| Q3 25 | 19.4% | 1.2% | ||
| Q2 25 | 12.3% | -13.0% | ||
| Q1 25 | 2.7% | 5.7% | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 15.2% | 3.9% | ||
| Q2 24 | 4.0% | 6.3% | ||
| Q1 24 | 4.1% | 5.2% |
每股收益（稀释后）IMAXRGR
| Q4 25 | $0.02 | $0.22 | ||
| Q3 25 | $0.37 | $0.10 | ||
| Q2 25 | $0.20 | $-1.05 | ||
| Q1 25 | $0.04 | $0.46 | ||
| Q4 24 | $0.09 | $0.62 | ||
| Q3 24 | $0.26 | $0.28 | ||
| Q2 24 | $0.07 | $0.47 | ||
| Q1 24 | $0.06 | $0.40 |
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 | $151.2M | $92.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $337.9M | $283.8M |
| 总资产 | $894.0M | $342.0M |
| 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IMAXRGR
| Q4 25 | $151.2M | $92.5M | ||
| Q3 25 | $143.1M | $80.8M | ||
| Q2 25 | $109.3M | $101.4M | ||
| Q1 25 | $97.1M | $108.3M | ||
| Q4 24 | $100.6M | $105.5M | ||
| Q3 24 | $104.5M | $96.0M | ||
| Q2 24 | $91.6M | $105.6M | ||
| Q1 24 | $81.0M | $115.3M |
股东权益IMAXRGR
| Q4 25 | $337.9M | $283.8M | ||
| Q3 25 | $349.5M | $279.6M | ||
| Q2 25 | $320.4M | $289.3M | ||
| Q1 25 | $299.5M | $321.5M | ||
| Q4 24 | $299.5M | $319.6M | ||
| Q3 24 | $289.4M | $314.9M | ||
| Q2 24 | $267.2M | $321.5M | ||
| Q1 24 | $258.8M | $332.0M |
总资产IMAXRGR
| Q4 25 | $894.0M | $342.0M | ||
| Q3 25 | $889.6M | $342.3M | ||
| Q2 25 | $868.6M | $349.5M | ||
| Q1 25 | $848.3M | $379.0M | ||
| Q4 24 | $830.4M | $384.0M | ||
| Q3 24 | $847.6M | $373.5M | ||
| Q2 24 | $827.4M | $376.7M | ||
| Q1 24 | $824.1M | $385.0M |
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 | $29.4M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $28.0M | $12.3M |
| 自由现金流率自由现金流/营收 | 22.3% | 8.2% |
| 资本支出强度资本支出/营收 | 1.1% | 2.1% |
| 现金转化率经营现金流/净利润 | 46.11× | — |
| 过去12个月自由现金流最近4个季度 | $118.9M | $38.5M |
8季度趋势，按日历期对齐
经营现金流IMAXRGR
| Q4 25 | $29.4M | $15.5M | ||
| Q3 25 | $67.5M | $12.9M | ||
| Q2 25 | $23.2M | $14.7M | ||
| Q1 25 | $7.0M | $11.1M | ||
| Q4 24 | $11.5M | $20.0M | ||
| Q3 24 | $35.3M | $9.4M | ||
| Q2 24 | $35.0M | $18.7M | ||
| Q1 24 | $-11.0M | $7.3M |
自由现金流IMAXRGR
| Q4 25 | $28.0M | $12.3M | ||
| Q3 25 | $64.8M | $7.0M | ||
| Q2 25 | $20.9M | $9.1M | ||
| Q1 25 | $5.3M | $10.0M | ||
| Q4 24 | $6.9M | $16.4M | ||
| Q3 24 | $34.2M | $2.6M | ||
| Q2 24 | $33.5M | $10.1M | ||
| Q1 24 | $-12.1M | $5.6M |
自由现金流率IMAXRGR
| Q4 25 | 22.3% | 8.2% | ||
| Q3 25 | 60.7% | 5.5% | ||
| Q2 25 | 22.8% | 6.9% | ||
| Q1 25 | 6.1% | 7.4% | ||
| Q4 24 | 7.4% | 11.2% | ||
| Q3 24 | 37.3% | 2.1% | ||
| Q2 24 | 37.6% | 7.7% | ||
| Q1 24 | -15.3% | 4.1% |
资本支出强度IMAXRGR
| Q4 25 | 1.1% | 2.1% | ||
| Q3 25 | 2.6% | 4.6% | ||
| Q2 25 | 2.6% | 4.2% | ||
| Q1 25 | 1.9% | 0.8% | ||
| Q4 24 | 5.0% | 2.5% | ||
| Q3 24 | 1.2% | 5.5% | ||
| Q2 24 | 1.8% | 6.6% | ||
| Q1 24 | 1.4% | 1.3% |
现金转化率IMAXRGR
| Q4 25 | 46.11× | — | ||
| Q3 25 | 3.27× | 8.15× | ||
| Q2 25 | 2.06× | — | ||
| Q1 25 | 2.99× | 1.43× | ||
| Q4 24 | 2.16× | — | ||
| Q3 24 | 2.54× | 1.98× | ||
| Q2 24 | 9.78× | 2.27× | ||
| Q1 24 | -3.35× | 1.04× |
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
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
