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INTERPARFUMS INC（IPAR）与麦格劳希尔（MH）财务数据对比。点击上方公司名可切换其他公司
麦格劳希尔的季度营收约是INTERPARFUMS INC的1.1倍（$434.2M vs $386.2M），INTERPARFUMS INC净利率更高（7.3% vs -4.7%，领先11.9%），INTERPARFUMS INC同比增速更快（6.8% vs -35.1%），麦格劳希尔自由现金流更多（$285.4M vs $145.0M）
Inter Parfums Inc是全球知名的高端香水企业，开发、生产并销售多款授权香水、身体护理及相关美妆产品，与多家顶级奢侈时尚生活方式品牌合作推出联名香氛系列，产品覆盖全球主要市场，通过百货、美妆专营店及官方电商渠道触达消费者。
麦格劳希尔是美国知名教育科技企业，面向K12、高等教育及职业领域的师生提供多元教育内容、软件与服务。核心产品包含教材、数字学习工具及自适应技术，助力优化学习体验、提升学习效果，是与霍顿米夫林哈考特、培生教育齐名的全球三大教育出版商之一。
IPAR vs MH — 直观对比
营收规模更大
MH
是对方的1.1倍
$386.2M
营收增速更快
IPAR
高出41.9%
-35.1%
净利率更高
IPAR
高出11.9%
-4.7%
自由现金流更多
MH
多$140.4M
$145.0M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.2M | $434.2M |
| 净利润 | $28.1M | $-20.2M |
| 毛利率 | 61.5% | 85.3% |
| 营业利润率 | 7.1% | 7.0% |
| 净利率 | 7.3% | -4.7% |
| 营收同比 | 6.8% | -35.1% |
| 净利润同比 | 16.0% | -119.2% |
| 每股收益（稀释后） | $0.88 | $-0.11 |
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IPARMH
| Q4 25 | $386.2M | $434.2M | ||
| Q3 25 | $429.6M | $669.2M | ||
| Q2 25 | $333.9M | $535.7M | ||
| Q1 25 | $338.8M | — | ||
| Q4 24 | $361.5M | — | ||
| Q3 24 | $424.6M | — | ||
| Q2 24 | $342.2M | — | ||
| Q1 24 | $324.0M | — |
净利润IPARMH
| Q4 25 | $28.1M | $-20.2M | ||
| Q3 25 | $65.8M | $105.3M | ||
| Q2 25 | $32.0M | $502.0K | ||
| Q1 25 | $42.5M | — | ||
| Q4 24 | $24.2M | — | ||
| Q3 24 | $62.3M | — | ||
| Q2 24 | $36.8M | — | ||
| Q1 24 | $41.0M | — |
毛利率IPARMH
| Q4 25 | 61.5% | 85.3% | ||
| Q3 25 | 63.5% | 79.2% | ||
| Q2 25 | 66.2% | 77.0% | ||
| Q1 25 | 63.7% | — | ||
| Q4 24 | 64.5% | — | ||
| Q3 24 | 63.9% | — | ||
| Q2 24 | 64.5% | — | ||
| Q1 24 | 62.5% | — |
营业利润率IPARMH
| Q4 25 | 7.1% | 7.0% | ||
| Q3 25 | 25.3% | 23.4% | ||
| Q2 25 | 17.7% | 18.0% | ||
| Q1 25 | 22.2% | — | ||
| Q4 24 | 10.0% | — | ||
| Q3 24 | 25.0% | — | ||
| Q2 24 | 18.9% | — | ||
| Q1 24 | 21.0% | — |
净利率IPARMH
| Q4 25 | 7.3% | -4.7% | ||
| Q3 25 | 15.3% | 15.7% | ||
| Q2 25 | 9.6% | 0.1% | ||
| Q1 25 | 12.5% | — | ||
| Q4 24 | 6.7% | — | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | 10.8% | — | ||
| Q1 24 | 12.7% | — |
每股收益（稀释后）IPARMH
| Q4 25 | $0.88 | $-0.11 | ||
| Q3 25 | $2.05 | $0.57 | ||
| Q2 25 | $0.99 | $0.00 | ||
| Q1 25 | $1.32 | — | ||
| Q4 24 | $0.78 | — | ||
| Q3 24 | $1.93 | — | ||
| Q2 24 | $1.14 | — | ||
| Q1 24 | $1.27 | — |
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 | $137.1M | $514.4M |
| 总债务越低越好 | $176.0M | $2.6B |
| 股东权益账面价值 | $880.7M | $775.3M |
| 总资产 | $1.6B | $5.6B |
| 负债/权益比越低杠杆越低 | 0.20× | 3.36× |
8季度趋势，按日历期对齐
现金及短期投资IPARMH
| Q4 25 | $137.1M | $514.4M | ||
| Q3 25 | $77.5M | $463.2M | ||
| Q2 25 | $53.9M | $247.3M | ||
| Q1 25 | $75.3M | — | ||
| Q4 24 | $109.3M | — | ||
| Q3 24 | $78.8M | — | ||
| Q2 24 | $37.7M | — | ||
| Q1 24 | $76.1M | — |
总债务IPARMH
| Q4 25 | $176.0M | $2.6B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | — | — | ||
| Q4 24 | $157.3M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IPARMH
| Q4 25 | $880.7M | $775.3M | ||
| Q3 25 | $870.9M | $794.6M | ||
| Q2 25 | $839.4M | $283.3M | ||
| Q1 25 | $788.6M | — | ||
| Q4 24 | $744.9M | — | ||
| Q3 24 | $778.5M | — | ||
| Q2 24 | $717.1M | — | ||
| Q1 24 | $708.1M | — |
总资产IPARMH
| Q4 25 | $1.6B | $5.6B | ||
| Q3 25 | $1.6B | $6.0B | ||
| Q2 25 | $1.6B | $5.7B | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.3B | — |
负债/权益比IPARMH
| Q4 25 | 0.20× | 3.36× | ||
| Q3 25 | — | 3.52× | ||
| Q2 25 | — | 11.17× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $146.5M | $309.0M |
| 自由现金流经营现金流 - 资本支出 | $145.0M | $285.4M |
| 自由现金流率自由现金流/营收 | 37.5% | 65.7% |
| 资本支出强度资本支出/营收 | 0.4% | 5.4% |
| 现金转化率经营现金流/净利润 | 5.21× | — |
| 过去12个月自由现金流最近4个季度 | $190.5M | — |
8季度趋势，按日历期对齐
经营现金流IPARMH
| Q4 25 | $146.5M | $309.0M | ||
| Q3 25 | $63.9M | $265.0M | ||
| Q2 25 | $11.9M | $-96.7M | ||
| Q1 25 | $-7.4M | — | ||
| Q4 24 | $138.0M | — | ||
| Q3 24 | $76.1M | — | ||
| Q2 24 | $25.5M | — | ||
| Q1 24 | $-52.0M | — |
自由现金流IPARMH
| Q4 25 | $145.0M | $285.4M | ||
| Q3 25 | $57.6M | $243.8M | ||
| Q2 25 | $-3.3M | $-112.9M | ||
| Q1 25 | $-8.8M | — | ||
| Q4 24 | $136.1M | — | ||
| Q3 24 | $75.4M | — | ||
| Q2 24 | $24.4M | — | ||
| Q1 24 | $-53.0M | — |
自由现金流率IPARMH
| Q4 25 | 37.5% | 65.7% | ||
| Q3 25 | 13.4% | 36.4% | ||
| Q2 25 | -1.0% | -21.1% | ||
| Q1 25 | -2.6% | — | ||
| Q4 24 | 37.7% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | 7.1% | — | ||
| Q1 24 | -16.4% | — |
资本支出强度IPARMH
| Q4 25 | 0.4% | 5.4% | ||
| Q3 25 | 1.5% | 3.2% | ||
| Q2 25 | 4.5% | 3.0% | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 0.3% | — |
现金转化率IPARMH
| Q4 25 | 5.21× | — | ||
| Q3 25 | 0.97× | 2.52× | ||
| Q2 25 | 0.37× | -192.53× | ||
| Q1 25 | -0.17× | — | ||
| Q4 24 | 5.69× | — | ||
| Q3 24 | 1.22× | — | ||
| Q2 24 | 0.69× | — | ||
| Q1 24 | -1.27× | — |
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
IPAR
| European Based Operations | $232.7M | 60% |
| United States Based Operations | $155.2M | 40% |
MH
| Higher Education | $225.4M | 52% |
| Digital | $103.5M | 24% |
| Other | $44.4M | 10% |
| Global Professional | $36.2M | 8% |
| $24.7M | 6% |
