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INTERPARFUMS INC（IPAR）与STEWART INFORMATION SERVICES CORP（STC）财务数据对比。点击上方公司名可切换其他公司
STEWART INFORMATION SERVICES CORP的季度营收约是INTERPARFUMS INC的2.0倍（$764.6M vs $386.2M），INTERPARFUMS INC净利率更高（7.3% vs 2.2%，领先5.1%），STEWART INFORMATION SERVICES CORP同比增速更快（27.7% vs 6.8%），过去两年STEWART INFORMATION SERVICES CORP的营收复合增速更高（12.7% vs 9.2%）
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。
斯图尔特信息服务公司（STC）是一家主营房地产信息、产权保险及交易管理服务的企业，旗下全资子公司斯图尔特产权担保公司、斯图尔特产权公司通过直营网点、斯图尔特可信供应商网络内的独立代理机构及合作企业，为美国及全球市场提供相关产品与服务，总部位于得克萨斯州休斯敦，现有员工约6350人。
IPAR vs STC — 直观对比
营收规模更大
STC
是对方的2.0倍
$386.2M
营收增速更快
STC
高出20.8%
6.8%
净利率更高
IPAR
高出5.1%
2.2%
两年增速更快
STC
近两年复合增速
9.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.2M | $764.6M |
| 净利润 | $28.1M | $17.0M |
| 毛利率 | 61.5% | — |
| 营业利润率 | 7.1% | — |
| 净利率 | 7.3% | 2.2% |
| 营收同比 | 6.8% | 27.7% |
| 净利润同比 | 16.0% | 448.4% |
| 每股收益（稀释后） | $0.88 | — |
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IPARSTC
| Q1 26 | — | $764.6M | ||
| Q4 25 | $386.2M | $790.6M | ||
| Q3 25 | $429.6M | $796.9M | ||
| Q2 25 | $333.9M | $722.2M | ||
| Q1 25 | $338.8M | $612.0M | ||
| Q4 24 | $361.5M | $665.9M | ||
| Q3 24 | $424.6M | $667.9M | ||
| Q2 24 | $342.2M | $602.2M |
净利润IPARSTC
| Q1 26 | — | $17.0M | ||
| Q4 25 | $28.1M | $36.3M | ||
| Q3 25 | $65.8M | $44.3M | ||
| Q2 25 | $32.0M | $31.9M | ||
| Q1 25 | $42.5M | $3.1M | ||
| Q4 24 | $24.2M | $22.7M | ||
| Q3 24 | $62.3M | $30.1M | ||
| Q2 24 | $36.8M | $17.3M |
毛利率IPARSTC
| Q1 26 | — | — | ||
| Q4 25 | 61.5% | — | ||
| Q3 25 | 63.5% | — | ||
| Q2 25 | 66.2% | — | ||
| Q1 25 | 63.7% | — | ||
| Q4 24 | 64.5% | — | ||
| Q3 24 | 63.9% | — | ||
| Q2 24 | 64.5% | — |
营业利润率IPARSTC
| Q1 26 | — | — | ||
| Q4 25 | 7.1% | 6.5% | ||
| Q3 25 | 25.3% | 7.7% | ||
| Q2 25 | 17.7% | 6.5% | ||
| Q1 25 | 22.2% | 1.0% | ||
| Q4 24 | 10.0% | 5.3% | ||
| Q3 24 | 25.0% | 6.4% | ||
| Q2 24 | 18.9% | 4.8% |
净利率IPARSTC
| Q1 26 | — | 2.2% | ||
| Q4 25 | 7.3% | 4.6% | ||
| Q3 25 | 15.3% | 5.6% | ||
| Q2 25 | 9.6% | 4.4% | ||
| Q1 25 | 12.5% | 0.5% | ||
| Q4 24 | 6.7% | 3.4% | ||
| Q3 24 | 14.7% | 4.5% | ||
| Q2 24 | 10.8% | 2.9% |
每股收益（稀释后）IPARSTC
| Q1 26 | — | — | ||
| Q4 25 | $0.88 | $1.26 | ||
| Q3 25 | $2.05 | $1.55 | ||
| Q2 25 | $0.99 | $1.13 | ||
| Q1 25 | $1.32 | $0.11 | ||
| Q4 24 | $0.78 | $0.81 | ||
| Q3 24 | $1.93 | $1.07 | ||
| Q2 24 | $1.14 | $0.62 |
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 | $317.5M |
| 总债务越低越好 | $176.0M | — |
| 股东权益账面价值 | $880.7M | — |
| 总资产 | $1.6B | — |
| 负债/权益比越低杠杆越低 | 0.20× | — |
8季度趋势，按日历期对齐
现金及短期投资IPARSTC
| Q1 26 | — | $317.5M | ||
| Q4 25 | $137.1M | $369.7M | ||
| Q3 25 | $77.5M | $233.2M | ||
| Q2 25 | $53.9M | $223.8M | ||
| Q1 25 | $75.3M | $194.2M | ||
| Q4 24 | $109.3M | $257.5M | ||
| Q3 24 | $78.8M | $228.7M | ||
| Q2 24 | $37.7M | $176.7M |
总债务IPARSTC
| Q1 26 | — | — | ||
| Q4 25 | $176.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $157.3M | $445.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IPARSTC
| Q1 26 | — | — | ||
| Q4 25 | $880.7M | $1.6B | ||
| Q3 25 | $870.9M | $1.5B | ||
| Q2 25 | $839.4M | $1.4B | ||
| Q1 25 | $788.6M | $1.4B | ||
| Q4 24 | $744.9M | $1.4B | ||
| Q3 24 | $778.5M | $1.4B | ||
| Q2 24 | $717.1M | $1.4B |
总资产IPARSTC
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $3.3B | ||
| Q3 25 | $1.6B | $2.8B | ||
| Q2 25 | $1.6B | $2.8B | ||
| Q1 25 | $1.4B | $2.7B | ||
| Q4 24 | $1.4B | $2.7B | ||
| Q3 24 | $1.5B | $2.7B | ||
| Q2 24 | $1.4B | $2.6B |
负债/权益比IPARSTC
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | 0.32× | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| 自由现金流经营现金流 - 资本支出 | $145.0M | — |
| 自由现金流率自由现金流/营收 | 37.5% | — |
| 资本支出强度资本支出/营收 | 0.4% | — |
| 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IPARSTC
| Q1 26 | — | — | ||
| Q4 25 | $146.5M | $89.5M | ||
| Q3 25 | $63.9M | $92.6M | ||
| Q2 25 | $11.9M | $53.4M | ||
| Q1 25 | $-7.4M | $-29.9M | ||
| Q4 24 | $138.0M | $68.0M | ||
| Q3 24 | $76.1M | $76.1M | ||
| Q2 24 | $25.5M | $21.1M |
自由现金流IPARSTC
| Q1 26 | — | — | ||
| Q4 25 | $145.0M | $62.3M | ||
| Q3 25 | $57.6M | $73.6M | ||
| Q2 25 | $-3.3M | $38.7M | ||
| Q1 25 | $-8.8M | $-42.2M | ||
| Q4 24 | $136.1M | $55.6M | ||
| Q3 24 | $75.4M | $67.4M | ||
| Q2 24 | $24.4M | $11.9M |
自由现金流率IPARSTC
| Q1 26 | — | — | ||
| Q4 25 | 37.5% | 7.9% | ||
| Q3 25 | 13.4% | 9.2% | ||
| Q2 25 | -1.0% | 5.4% | ||
| Q1 25 | -2.6% | -6.9% | ||
| Q4 24 | 37.7% | 8.4% | ||
| Q3 24 | 17.8% | 10.1% | ||
| Q2 24 | 7.1% | 2.0% |
资本支出强度IPARSTC
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 3.4% | ||
| Q3 25 | 1.5% | 2.4% | ||
| Q2 25 | 4.5% | 2.0% | ||
| Q1 25 | 0.4% | 2.0% | ||
| Q4 24 | 0.5% | 1.9% | ||
| Q3 24 | 0.2% | 1.3% | ||
| Q2 24 | 0.3% | 1.5% |
现金转化率IPARSTC
| Q1 26 | — | — | ||
| Q4 25 | 5.21× | 2.47× | ||
| Q3 25 | 0.97× | 2.09× | ||
| Q2 25 | 0.37× | 1.67× | ||
| Q1 25 | -0.17× | -9.73× | ||
| Q4 24 | 5.69× | 2.99× | ||
| Q3 24 | 1.22× | 2.53× | ||
| Q2 24 | 0.69× | 1.22× |
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% |
STC
| Agency title | $333.0M | 44% |
| Direct title | $270.2M | 35% |
| Real estate solutions | $161.4M | 21% |
