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JBG SMITH Properties（JBGS）与MARCUS CORP（MCS）财务数据对比。点击上方公司名可切换其他公司
MARCUS CORP的季度营收约是JBG SMITH Properties的1.5倍（$193.5M vs $127.6M），MARCUS CORP同比增速更快（2.8% vs -2.5%），过去两年MARCUS CORP的营收复合增速更高（18.2% vs -6.3%）
JBG SMITH Properties是一家总部位于马里兰州贝塞斯达的上市房地产投资信托公司，专注于持有并运营房地产资产，是美国商业地产领域的专业运营机构，面向市场提供多元化的不动产投资与管理服务。
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。
JBGS vs MCS — 直观对比
营收规模更大
MCS
是对方的1.5倍
$127.6M
营收增速更快
MCS
高出5.2%
-2.5%
两年增速更快
MCS
近两年复合增速
-6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $127.6M | $193.5M |
| 净利润 | $-45.5M | — |
| 毛利率 | — | — |
| 营业利润率 | -47.5% | 0.9% |
| 净利率 | -35.7% | — |
| 营收同比 | -2.5% | 2.8% |
| 净利润同比 | 24.0% | — |
| 每股收益（稀释后） | $-0.76 | — |
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JBGSMCS
| Q4 25 | $127.6M | $193.5M | ||
| Q3 25 | $123.9M | $210.2M | ||
| Q2 25 | $126.5M | $206.0M | ||
| Q1 25 | $120.7M | $148.8M | ||
| Q4 24 | $130.8M | $188.3M | ||
| Q3 24 | $136.0M | $232.7M | ||
| Q2 24 | $135.3M | $176.0M | ||
| Q1 24 | $145.2M | $138.5M |
净利润JBGSMCS
| Q4 25 | $-45.5M | — | ||
| Q3 25 | $-28.6M | $16.2M | ||
| Q2 25 | $-19.2M | $7.3M | ||
| Q1 25 | $-45.7M | $-16.8M | ||
| Q4 24 | $-59.9M | $986.0K | ||
| Q3 24 | $-27.0M | $23.3M | ||
| Q2 24 | $-24.4M | $-20.2M | ||
| Q1 24 | $-32.3M | $-11.9M |
营业利润率JBGSMCS
| Q4 25 | -47.5% | 0.9% | ||
| Q3 25 | -27.5% | 10.8% | ||
| Q2 25 | -18.4% | 6.3% | ||
| Q1 25 | -44.7% | -13.7% | ||
| Q4 24 | -53.6% | -1.2% | ||
| Q3 24 | -22.4% | 14.1% | ||
| Q2 24 | -24.3% | 1.3% | ||
| Q1 24 | -30.1% | -12.0% |
净利率JBGSMCS
| Q4 25 | -35.7% | — | ||
| Q3 25 | -23.1% | 7.7% | ||
| Q2 25 | -15.2% | 3.6% | ||
| Q1 25 | -37.9% | -11.3% | ||
| Q4 24 | -45.8% | 0.5% | ||
| Q3 24 | -19.8% | 10.0% | ||
| Q2 24 | -18.0% | -11.5% | ||
| Q1 24 | -22.2% | -8.6% |
每股收益（稀释后）JBGSMCS
| Q4 25 | $-0.76 | — | ||
| Q3 25 | $-0.48 | — | ||
| Q2 25 | $-0.29 | — | ||
| Q1 25 | $-0.56 | — | ||
| Q4 24 | $-0.70 | — | ||
| Q3 24 | $-0.32 | — | ||
| Q2 24 | $-0.27 | — | ||
| Q1 24 | $-0.36 | — |
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 | $75.3M | $23.4M |
| 总债务越低越好 | — | $159.0M |
| 股东权益账面价值 | $1.2B | $457.4M |
| 总资产 | $4.4B | $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JBGSMCS
| Q4 25 | $75.3M | $23.4M | ||
| Q3 25 | $64.4M | $7.4M | ||
| Q2 25 | $61.4M | $14.9M | ||
| Q1 25 | $81.3M | $11.9M | ||
| Q4 24 | $145.8M | $40.8M | ||
| Q3 24 | $137.0M | $28.4M | ||
| Q2 24 | $163.5M | $32.8M | ||
| Q1 24 | $220.5M | $17.3M |
总债务JBGSMCS
| 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JBGSMCS
| Q4 25 | $1.2B | $457.4M | ||
| Q3 25 | $1.2B | $454.3M | ||
| Q2 25 | $1.3B | $448.4M | ||
| Q1 25 | $1.6B | $441.8M | ||
| Q4 24 | $1.8B | $464.9M | ||
| Q3 24 | $1.9B | $462.3M | ||
| Q2 24 | $2.0B | $449.4M | ||
| Q1 24 | $2.1B | $459.3M |
总资产JBGSMCS
| Q4 25 | $4.4B | $1.0B | ||
| Q3 25 | $4.4B | $1.0B | ||
| Q2 25 | $4.5B | $1.0B | ||
| Q1 25 | $4.7B | $1.0B | ||
| Q4 24 | $5.0B | $1.0B | ||
| Q3 24 | $5.2B | $1.0B | ||
| Q2 24 | $5.3B | $1.1B | ||
| Q1 24 | $5.4B | $1.0B |
负债/权益比JBGSMCS
| 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 | $73.3M | $48.8M |
| 自由现金流经营现金流 - 资本支出 | — | $26.4M |
| 自由现金流率自由现金流/营收 | — | 13.6% |
| 资本支出强度资本支出/营收 | — | 11.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $989.0K |
8季度趋势，按日历期对齐
经营现金流JBGSMCS
| Q4 25 | $73.3M | $48.8M | ||
| Q3 25 | $8.9M | $39.1M | ||
| Q2 25 | $18.8M | $31.6M | ||
| Q1 25 | $12.9M | $-35.3M | ||
| Q4 24 | $129.4M | $52.6M | ||
| Q3 24 | $26.4M | $30.5M | ||
| Q2 24 | $23.8M | $36.0M | ||
| Q1 24 | $37.0M | $-15.1M |
自由现金流JBGSMCS
| Q4 25 | — | $26.4M | ||
| Q3 25 | — | $18.2M | ||
| Q2 25 | — | $14.7M | ||
| Q1 25 | — | $-58.3M | ||
| Q4 24 | — | $27.1M | ||
| Q3 24 | — | $12.0M | ||
| Q2 24 | — | $16.1M | ||
| Q1 24 | — | $-30.5M |
自由现金流率JBGSMCS
| Q4 25 | — | 13.6% | ||
| Q3 25 | — | 8.7% | ||
| Q2 25 | — | 7.1% | ||
| Q1 25 | — | -39.2% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 9.2% | ||
| Q1 24 | — | -22.0% |
资本支出强度JBGSMCS
| Q4 25 | — | 11.6% | ||
| Q3 25 | — | 9.9% | ||
| Q2 25 | — | 8.2% | ||
| Q1 25 | — | 15.5% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | 11.3% | ||
| Q1 24 | — | 11.1% |
现金转化率JBGSMCS
| Q4 25 | — | — | ||
| Q3 25 | — | 2.41× | ||
| Q2 25 | — | 4.32× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 53.31× | ||
| Q3 24 | — | 1.31× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
JBGS
暂无分部数据
MCS
| Theatres | $123.1M | 64% |
| Concessions | $51.0M | 26% |
| Food And Beverage | $21.2M | 11% |
