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埃培智集团（IPG）与MARCUS CORP（MCS）财务数据对比。点击上方公司名可切换其他公司
埃培智集团的季度营收约是MARCUS CORP的11.0倍（$2.1B vs $193.5M）。MARCUS CORP同比增速更快（2.8% vs -4.8%）。埃培智集团自由现金流更多（$153.6M vs $26.4M）。过去两年MARCUS CORP的营收复合增速更高（18.2% vs -9.1%）
埃培智集团（IPG）是总部位于美国纽约的广告营销传播集团，旗下拥有FCB、IPG盟博、麦肯世界集团、睿狮集团等五大核心业务网络，以及公关、体育营销、艺人经纪、医疗营销等领域的多家专业独立代理商，被宏盟收购前是与WPP、阳狮、宏盟齐名的全球广告行业“四大集团”之一。
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。
IPG vs MCS — 直观对比
营收规模更大
IPG
是对方的11.0倍
$193.5M
营收增速更快
MCS
高出7.5%
-4.8%
自由现金流更多
IPG
多$127.2M
$26.4M
两年增速更快
MCS
近两年复合增速
-9.1%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $193.5M |
| 净利润 | $124.2M | — |
| 毛利率 | — | — |
| 营业利润率 | 10.3% | 0.9% |
| 净利率 | 5.8% | — |
| 营收同比 | -4.8% | 2.8% |
| 净利润同比 | 517.9% | — |
| 每股收益（稀释后） | $0.34 | — |
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IPGMCS
| Q4 25 | — | $193.5M | ||
| Q3 25 | $2.1B | $210.2M | ||
| Q2 25 | $2.2B | $206.0M | ||
| Q1 25 | $2.0B | $148.8M | ||
| Q4 24 | $2.4B | $188.3M | ||
| Q3 24 | $2.2B | $232.7M | ||
| Q2 24 | $2.3B | $176.0M | ||
| Q1 24 | $2.2B | $138.5M |
净利润IPGMCS
| Q4 25 | — | — | ||
| Q3 25 | $124.2M | $16.2M | ||
| Q2 25 | $162.5M | $7.3M | ||
| Q1 25 | $-85.4M | $-16.8M | ||
| Q4 24 | $344.5M | $986.0K | ||
| Q3 24 | $20.1M | $23.3M | ||
| Q2 24 | $214.5M | $-20.2M | ||
| Q1 24 | $110.4M | $-11.9M |
毛利率IPGMCS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -3.2% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 2.9% | — | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | -1.1% | — |
营业利润率IPGMCS
| Q4 25 | — | 0.9% | ||
| Q3 25 | 10.3% | 10.8% | ||
| Q2 25 | 11.2% | 6.3% | ||
| Q1 25 | -2.1% | -13.7% | ||
| Q4 24 | 23.3% | -1.2% | ||
| Q3 24 | 5.9% | 14.1% | ||
| Q2 24 | 13.7% | 1.3% | ||
| Q1 24 | 8.4% | -12.0% |
净利率IPGMCS
| Q4 25 | — | — | ||
| Q3 25 | 5.8% | 7.7% | ||
| Q2 25 | 7.5% | 3.6% | ||
| Q1 25 | -4.3% | -11.3% | ||
| Q4 24 | 14.1% | 0.5% | ||
| Q3 24 | 0.9% | 10.0% | ||
| Q2 24 | 9.2% | -11.5% | ||
| Q1 24 | 5.1% | -8.6% |
每股收益（稀释后）IPGMCS
| Q4 25 | — | — | ||
| Q3 25 | $0.34 | — | ||
| Q2 25 | $0.44 | — | ||
| Q1 25 | $-0.23 | — | ||
| Q4 24 | $0.92 | — | ||
| Q3 24 | $0.05 | — | ||
| Q2 24 | $0.57 | — | ||
| Q1 24 | $0.29 | — |
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 | $1.5B | $23.4M |
| 总债务越低越好 | — | $159.0M |
| 股东权益账面价值 | $3.7B | $457.4M |
| 总资产 | $17.0B | $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IPGMCS
| Q4 25 | — | $23.4M | ||
| Q3 25 | $1.5B | $7.4M | ||
| Q2 25 | $1.6B | $14.9M | ||
| Q1 25 | $1.9B | $11.9M | ||
| Q4 24 | $2.2B | $40.8M | ||
| Q3 24 | $1.5B | $28.4M | ||
| Q2 24 | $1.5B | $32.8M | ||
| Q1 24 | $1.9B | $17.3M |
总债务IPGMCS
| 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IPGMCS
| Q4 25 | — | $457.4M | ||
| Q3 25 | $3.7B | $454.3M | ||
| Q2 25 | $3.7B | $448.4M | ||
| Q1 25 | $3.6B | $441.8M | ||
| Q4 24 | $3.8B | $464.9M | ||
| Q3 24 | $3.7B | $462.3M | ||
| Q2 24 | $3.8B | $449.4M | ||
| Q1 24 | $3.8B | $459.3M |
总资产IPGMCS
| Q4 25 | — | $1.0B | ||
| Q3 25 | $17.0B | $1.0B | ||
| Q2 25 | $17.0B | $1.0B | ||
| Q1 25 | $17.1B | $1.0B | ||
| Q4 24 | $18.3B | $1.0B | ||
| Q3 24 | $17.1B | $1.0B | ||
| Q2 24 | $17.0B | $1.1B | ||
| Q1 24 | $17.3B | $1.0B |
负债/权益比IPGMCS
| 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 | $180.1M | $48.8M |
| 自由现金流经营现金流 - 资本支出 | $153.6M | $26.4M |
| 自由现金流率自由现金流/营收 | 7.2% | 13.6% |
| 资本支出强度资本支出/营收 | 1.2% | 11.6% |
| 现金转化率经营现金流/净利润 | 1.45× | — |
| 过去12个月自由现金流最近4个季度 | $806.8M | $989.0K |
8季度趋势，按日历期对齐
经营现金流IPGMCS
| Q4 25 | — | $48.8M | ||
| Q3 25 | $180.1M | $39.1M | ||
| Q2 25 | $-96.0M | $31.6M | ||
| Q1 25 | $-37.0M | $-35.3M | ||
| Q4 24 | $868.1M | $52.6M | ||
| Q3 24 | $223.8M | $30.5M | ||
| Q2 24 | $120.7M | $36.0M | ||
| Q1 24 | $-157.4M | $-15.1M |
自由现金流IPGMCS
| Q4 25 | — | $26.4M | ||
| Q3 25 | $153.6M | $18.2M | ||
| Q2 25 | $-121.8M | $14.7M | ||
| Q1 25 | $-58.5M | $-58.3M | ||
| Q4 24 | $833.5M | $27.1M | ||
| Q3 24 | $186.5M | $12.0M | ||
| Q2 24 | $85.9M | $16.1M | ||
| Q1 24 | $-192.5M | $-30.5M |
自由现金流率IPGMCS
| Q4 25 | — | 13.6% | ||
| Q3 25 | 7.2% | 8.7% | ||
| Q2 25 | -5.6% | 7.1% | ||
| Q1 25 | -2.9% | -39.2% | ||
| Q4 24 | 34.2% | 14.4% | ||
| Q3 24 | 8.3% | 5.2% | ||
| Q2 24 | 3.7% | 9.2% | ||
| Q1 24 | -8.8% | -22.0% |
资本支出强度IPGMCS
| Q4 25 | — | 11.6% | ||
| Q3 25 | 1.2% | 9.9% | ||
| Q2 25 | 1.2% | 8.2% | ||
| Q1 25 | 1.1% | 15.5% | ||
| Q4 24 | 1.4% | 13.5% | ||
| Q3 24 | 1.7% | 7.9% | ||
| Q2 24 | 1.5% | 11.3% | ||
| Q1 24 | 1.6% | 11.1% |
现金转化率IPGMCS
| Q4 25 | — | — | ||
| Q3 25 | 1.45× | 2.41× | ||
| Q2 25 | -0.59× | 4.32× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.52× | 53.31× | ||
| Q3 24 | 11.13× | 1.31× | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | -1.43× | — |
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
IPG
| MDE | $619.0M | 29% |
| IAC | $574.9M | 27% |
| Other | $527.9M | 25% |
| SCE | $413.8M | 19% |
MCS
| Theatres | $123.1M | 64% |
| Concessions | $51.0M | 26% |
| Food And Beverage | $21.2M | 11% |
