vs
Limbach Holdings, Inc.（LMB）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Limbach Holdings, Inc.的1.0倍（$193.5M vs $186.9M），Limbach Holdings, Inc.同比增速更快（30.1% vs 2.8%），Limbach Holdings, Inc.自由现金流更多（$27.9M vs $26.4M），过去两年Limbach Holdings, Inc.的营收复合增速更高（25.3% vs 18.2%）
林巴赫航空发动机是一家由中资控股、总部位于德国的企业，主营航空发动机的研发与制造业务，在航空动力装备领域拥有成熟的生产技术与行业经验。
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。
LMB vs MCS — 直观对比
营收规模更大
MCS
是对方的1.0倍
$186.9M
营收增速更快
LMB
高出27.3%
2.8%
自由现金流更多
LMB
多$1.5M
$26.4M
两年增速更快
LMB
近两年复合增速
18.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $186.9M | $193.5M |
| 净利润 | $12.3M | — |
| 毛利率 | 25.7% | — |
| 营业利润率 | 9.4% | 0.9% |
| 净利率 | 6.6% | — |
| 营收同比 | 30.1% | 2.8% |
| 净利润同比 | 25.0% | — |
| 每股收益（稀释后） | $1.01 | — |
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LMBMCS
| Q4 25 | $186.9M | $193.5M | ||
| Q3 25 | $184.6M | $210.2M | ||
| Q2 25 | $142.2M | $206.0M | ||
| Q1 25 | $133.1M | $148.8M | ||
| Q4 24 | $143.7M | $188.3M | ||
| Q3 24 | $133.9M | $232.7M | ||
| Q2 24 | $122.2M | $176.0M | ||
| Q1 24 | $119.0M | $138.5M |
净利润LMBMCS
| Q4 25 | $12.3M | — | ||
| Q3 25 | $8.8M | $16.2M | ||
| Q2 25 | $7.8M | $7.3M | ||
| Q1 25 | $10.2M | $-16.8M | ||
| Q4 24 | $9.8M | $986.0K | ||
| Q3 24 | $7.5M | $23.3M | ||
| Q2 24 | $6.0M | $-20.2M | ||
| Q1 24 | $7.6M | $-11.9M |
毛利率LMBMCS
| Q4 25 | 25.7% | — | ||
| Q3 25 | 24.2% | — | ||
| Q2 25 | 28.0% | — | ||
| Q1 25 | 27.6% | — | ||
| Q4 24 | 30.3% | — | ||
| Q3 24 | 27.0% | — | ||
| Q2 24 | 27.4% | — | ||
| Q1 24 | 26.1% | — |
营业利润率LMBMCS
| Q4 25 | 9.4% | 0.9% | ||
| Q3 25 | 7.2% | 10.8% | ||
| Q2 25 | 7.5% | 6.3% | ||
| Q1 25 | 5.9% | -13.7% | ||
| Q4 24 | 9.1% | -1.2% | ||
| Q3 24 | 8.1% | 14.1% | ||
| Q2 24 | 6.7% | 1.3% | ||
| Q1 24 | 5.5% | -12.0% |
净利率LMBMCS
| Q4 25 | 6.6% | — | ||
| Q3 25 | 4.8% | 7.7% | ||
| Q2 25 | 5.5% | 3.6% | ||
| Q1 25 | 7.7% | -11.3% | ||
| Q4 24 | 6.9% | 0.5% | ||
| Q3 24 | 5.6% | 10.0% | ||
| Q2 24 | 4.9% | -11.5% | ||
| Q1 24 | 6.4% | -8.6% |
每股收益（稀释后）LMBMCS
| Q4 25 | $1.01 | — | ||
| Q3 25 | $0.73 | — | ||
| Q2 25 | $0.64 | — | ||
| Q1 25 | $0.85 | — | ||
| Q4 24 | $0.81 | — | ||
| Q3 24 | $0.62 | — | ||
| Q2 24 | $0.50 | — | ||
| Q1 24 | $0.64 | — |
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 | $11.3M | $23.4M |
| 总债务越低越好 | $30.5M | $159.0M |
| 股东权益账面价值 | $195.7M | $457.4M |
| 总资产 | $381.1M | $1.0B |
| 负债/权益比越低杠杆越低 | 0.16× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资LMBMCS
| Q4 25 | $11.3M | $23.4M | ||
| Q3 25 | $9.8M | $7.4M | ||
| Q2 25 | $38.9M | $14.9M | ||
| Q1 25 | $38.1M | $11.9M | ||
| Q4 24 | $44.9M | $40.8M | ||
| Q3 24 | $51.2M | $28.4M | ||
| Q2 24 | $59.5M | $32.8M | ||
| Q1 24 | $48.2M | $17.3M |
总债务LMBMCS
| Q4 25 | $30.5M | $159.0M | ||
| Q3 25 | $56.3M | $162.0M | ||
| Q2 25 | $28.4M | $179.9M | ||
| Q1 25 | $23.7M | $198.9M | ||
| Q4 24 | $23.6M | $159.1M | ||
| Q3 24 | $20.5M | $173.1M | ||
| Q2 24 | $19.7M | $175.7M | ||
| Q1 24 | $19.4M | $169.8M |
股东权益LMBMCS
| Q4 25 | $195.7M | $457.4M | ||
| Q3 25 | $181.6M | $454.3M | ||
| Q2 25 | $170.5M | $448.4M | ||
| Q1 25 | $161.1M | $441.8M | ||
| Q4 24 | $153.5M | $464.9M | ||
| Q3 24 | $142.2M | $462.3M | ||
| Q2 24 | $133.0M | $449.4M | ||
| Q1 24 | $125.5M | $459.3M |
总资产LMBMCS
| Q4 25 | $381.1M | $1.0B | ||
| Q3 25 | $409.1M | $1.0B | ||
| Q2 25 | $343.0M | $1.0B | ||
| Q1 25 | $336.4M | $1.0B | ||
| Q4 24 | $352.1M | $1.0B | ||
| Q3 24 | $324.4M | $1.0B | ||
| Q2 24 | $303.9M | $1.1B | ||
| Q1 24 | $289.2M | $1.0B |
负债/权益比LMBMCS
| Q4 25 | 0.16× | 0.35× | ||
| Q3 25 | 0.31× | 0.36× | ||
| Q2 25 | 0.17× | 0.40× | ||
| Q1 25 | 0.15× | 0.45× | ||
| Q4 24 | 0.15× | 0.34× | ||
| Q3 24 | 0.14× | 0.37× | ||
| Q2 24 | 0.15× | 0.39× | ||
| Q1 24 | 0.15× | 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 | $28.1M | $48.8M |
| 自由现金流经营现金流 - 资本支出 | $27.9M | $26.4M |
| 自由现金流率自由现金流/营收 | 14.9% | 13.6% |
| 资本支出强度资本支出/营收 | 0.1% | 11.6% |
| 现金转化率经营现金流/净利润 | 2.29× | — |
| 过去12个月自由现金流最近4个季度 | $41.9M | $989.0K |
8季度趋势，按日历期对齐
经营现金流LMBMCS
| Q4 25 | $28.1M | $48.8M | ||
| Q3 25 | $13.3M | $39.1M | ||
| Q2 25 | $2.0M | $31.6M | ||
| Q1 25 | $2.2M | $-35.3M | ||
| Q4 24 | $19.3M | $52.6M | ||
| Q3 24 | $4.9M | $30.5M | ||
| Q2 24 | $16.5M | $36.0M | ||
| Q1 24 | $-3.9M | $-15.1M |
自由现金流LMBMCS
| Q4 25 | $27.9M | $26.4M | ||
| Q3 25 | $12.8M | $18.2M | ||
| Q2 25 | $1.2M | $14.7M | ||
| Q1 25 | $11.0K | $-58.3M | ||
| Q4 24 | $18.0M | $27.1M | ||
| Q3 24 | $4.6M | $12.0M | ||
| Q2 24 | $13.2M | $16.1M | ||
| Q1 24 | $-6.5M | $-30.5M |
自由现金流率LMBMCS
| Q4 25 | 14.9% | 13.6% | ||
| Q3 25 | 7.0% | 8.7% | ||
| Q2 25 | 0.8% | 7.1% | ||
| Q1 25 | 0.0% | -39.2% | ||
| Q4 24 | 12.5% | 14.4% | ||
| Q3 24 | 3.4% | 5.2% | ||
| Q2 24 | 10.8% | 9.2% | ||
| Q1 24 | -5.5% | -22.0% |
资本支出强度LMBMCS
| Q4 25 | 0.1% | 11.6% | ||
| Q3 25 | 0.3% | 9.9% | ||
| Q2 25 | 0.6% | 8.2% | ||
| Q1 25 | 1.7% | 15.5% | ||
| Q4 24 | 0.9% | 13.5% | ||
| Q3 24 | 0.3% | 7.9% | ||
| Q2 24 | 2.7% | 11.3% | ||
| Q1 24 | 2.1% | 11.1% |
现金转化率LMBMCS
| Q4 25 | 2.29× | — | ||
| Q3 25 | 1.52× | 2.41× | ||
| Q2 25 | 0.26× | 4.32× | ||
| Q1 25 | 0.22× | — | ||
| Q4 24 | 1.96× | 53.31× | ||
| Q3 24 | 0.66× | 1.31× | ||
| Q2 24 | 2.77× | — | ||
| Q1 24 | -0.52× | — |
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
LMB
| Owner Direct Relationships Segment | $145.0M | 78% |
| General Contractor Construction Manager Relationships Segment | $41.9M | 22% |
MCS
| Theatres | $123.1M | 64% |
| Concessions | $51.0M | 26% |
| Food And Beverage | $21.2M | 11% |
