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MACERICH CO（MAC）与Penguin Solutions, Inc.（PENG）财务数据对比。点击上方公司名可切换其他公司
Penguin Solutions, Inc.的季度营收约是MACERICH CO的1.3倍（$343.1M vs $261.7M），Penguin Solutions, Inc.净利率更高（1.5% vs -7.2%，领先8.7%），Penguin Solutions, Inc.同比增速更快（0.6% vs -4.4%），过去两年MACERICH CO的营收复合增速更高（12.0% vs 11.8%）
Macerich是一家专注于购物中心投资的房地产投资信托基金，为美国第三大购物中心持有及运营商。截至2024年12月31日，公司共持有43处物业的权益，可租赁总面积达4300万平方英尺，公司名称由创始人Mace Siegel与Richard Cohen的名字组合而来。
企鹅解决方案公司旗下的兰波集团以拉姆齐解决方案品牌开展业务，是一家美国企业，业务涵盖个人理财、领导力发展、人际关系管理与职业发展相关产品与服务。该公司由戴夫·拉姆齐与妻子莎伦于1991年创立，总部位于田纳西州富兰克林。
MAC vs PENG — 直观对比
营收规模更大
PENG
是对方的1.3倍
$261.7M
营收增速更快
PENG
高出5.0%
-4.4%
净利率更高
PENG
高出8.7%
-7.2%
两年增速更快
MAC
近两年复合增速
11.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $261.7M | $343.1M |
| 净利润 | $-18.8M | $5.3M |
| 毛利率 | — | 28.0% |
| 营业利润率 | — | 5.7% |
| 净利率 | -7.2% | 1.5% |
| 营收同比 | -4.4% | 0.6% |
| 净利润同比 | 91.1% | 1.0% |
| 每股收益（稀释后） | $-0.08 | $0.04 |
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MACPENG
| Q4 25 | $261.7M | $343.1M | ||
| Q3 25 | $253.3M | $337.9M | ||
| Q2 25 | $249.8M | $324.3M | ||
| Q1 25 | $249.2M | $365.5M | ||
| Q4 24 | $273.7M | $341.1M | ||
| Q3 24 | $220.2M | $284.8M | ||
| Q2 24 | $215.5M | $300.6M | ||
| Q1 24 | $208.8M | — |
净利润MACPENG
| Q4 25 | $-18.8M | $5.3M | ||
| Q3 25 | $-87.4M | $9.4M | ||
| Q2 25 | $-40.9M | $2.7M | ||
| Q1 25 | $-50.1M | $8.1M | ||
| Q4 24 | $-211.2M | $5.2M | ||
| Q3 24 | $-108.2M | — | ||
| Q2 24 | $252.0M | $5.6M | ||
| Q1 24 | $-126.7M | — |
毛利率MACPENG
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 28.6% | ||
| Q2 25 | — | 29.3% | ||
| Q1 25 | — | 28.6% | ||
| Q4 24 | — | 28.7% | ||
| Q3 24 | — | 28.8% | ||
| Q2 24 | — | 29.6% | ||
| Q1 24 | — | — |
营业利润率MACPENG
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 5.1% | ||
| Q4 24 | — | 5.1% | ||
| Q3 24 | — | -1.2% | ||
| Q2 24 | — | 3.8% | ||
| Q1 24 | — | — |
净利率MACPENG
| Q4 25 | -7.2% | 1.5% | ||
| Q3 25 | -34.5% | 2.8% | ||
| Q2 25 | -16.4% | 0.8% | ||
| Q1 25 | -20.1% | 2.2% | ||
| Q4 24 | -77.2% | 1.5% | ||
| Q3 24 | -49.1% | — | ||
| Q2 24 | 116.9% | 1.9% | ||
| Q1 24 | -60.7% | — |
每股收益（稀释后）MACPENG
| Q4 25 | $-0.08 | $0.04 | ||
| Q3 25 | $-0.34 | $0.10 | ||
| Q2 25 | $-0.16 | $-0.01 | ||
| Q1 25 | $-0.20 | $0.09 | ||
| Q4 24 | $-0.95 | $0.10 | ||
| Q3 24 | $-0.50 | — | ||
| Q2 24 | $1.16 | $0.10 | ||
| Q1 24 | $-0.59 | — |
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 | $280.2M | $461.5M |
| 总债务越低越好 | $5.1B | $462.3M |
| 股东权益账面价值 | $2.4B | $389.7M |
| 总资产 | $8.4B | $1.6B |
| 负债/权益比越低杠杆越低 | 2.07× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资MACPENG
| Q4 25 | $280.2M | $461.5M | ||
| Q3 25 | $290.2M | $453.8M | ||
| Q2 25 | $131.1M | $735.5M | ||
| Q1 25 | $253.2M | $647.0M | ||
| Q4 24 | $89.9M | $393.7M | ||
| Q3 24 | $116.5M | $389.5M | ||
| Q2 24 | $70.7M | $467.5M | ||
| Q1 24 | $120.1M | — |
总债务MACPENG
| Q4 25 | $5.1B | $462.3M | ||
| Q3 25 | $5.1B | $461.8M | ||
| Q2 25 | $5.2B | $659.5M | ||
| Q1 25 | $5.2B | $658.8M | ||
| Q4 24 | $4.9B | $658.1M | ||
| Q3 24 | $4.3B | $657.3M | ||
| Q2 24 | $4.4B | $667.0M | ||
| Q1 24 | $4.1B | — |
股东权益MACPENG
| Q4 25 | $2.4B | $389.7M | ||
| Q3 25 | $2.5B | $394.2M | ||
| Q2 25 | $2.6B | $584.8M | ||
| Q1 25 | $2.7B | $602.5M | ||
| Q4 24 | $2.8B | $400.4M | ||
| Q3 24 | $2.5B | $391.4M | ||
| Q2 24 | $2.5B | $423.4M | ||
| Q1 24 | $2.3B | — |
总资产MACPENG
| Q4 25 | $8.4B | $1.6B | ||
| Q3 25 | $8.4B | $1.6B | ||
| Q2 25 | $8.7B | $1.8B | ||
| Q1 25 | $8.7B | $1.8B | ||
| Q4 24 | $8.6B | $1.6B | ||
| Q3 24 | $7.6B | $1.5B | ||
| Q2 24 | $7.8B | $1.5B | ||
| Q1 24 | $7.4B | — |
负债/权益比MACPENG
| Q4 25 | 2.07× | 1.19× | ||
| Q3 25 | 2.02× | 1.17× | ||
| Q2 25 | 2.02× | 1.13× | ||
| Q1 25 | 1.96× | 1.09× | ||
| Q4 24 | 1.78× | 1.64× | ||
| Q3 24 | 1.73× | 1.68× | ||
| Q2 24 | 1.75× | 1.58× | ||
| Q1 24 | 1.79× | — |
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 | $50.2M | $31.1M |
| 自由现金流经营现金流 - 资本支出 | — | $28.2M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | — | 5.89× |
| 过去12个月自由现金流最近4个季度 | — | $116.3M |
8季度趋势，按日历期对齐
经营现金流MACPENG
| Q4 25 | $50.2M | $31.1M | ||
| Q3 25 | $112.4M | $-70.4M | ||
| Q2 25 | $70.5M | $92.8M | ||
| Q1 25 | $88.5M | $72.9M | ||
| Q4 24 | $54.9M | $13.8M | ||
| Q3 24 | $100.0M | — | ||
| Q2 24 | $67.4M | $57.9M | ||
| Q1 24 | $61.1M | — |
自由现金流MACPENG
| Q4 25 | — | $28.2M | ||
| Q3 25 | — | $-73.4M | ||
| Q2 25 | — | $90.9M | ||
| Q1 25 | — | $70.5M | ||
| Q4 24 | — | $12.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $48.9M | ||
| Q1 24 | — | — |
自由现金流率MACPENG
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -21.7% | ||
| Q2 25 | — | 28.0% | ||
| Q1 25 | — | 19.3% | ||
| Q4 24 | — | 3.5% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 16.3% | ||
| Q1 24 | — | — |
资本支出强度MACPENG
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.0% | ||
| Q1 24 | — | — |
现金转化率MACPENG
| Q4 25 | — | 5.89× | ||
| Q3 25 | — | -7.47× | ||
| Q2 25 | — | 34.88× | ||
| Q1 25 | — | 9.02× | ||
| Q4 24 | — | 2.65× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.27× | 10.30× | ||
| 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
MAC
暂无分部数据
PENG
| Integrated Memory Segment | $171.6M | 50% |
| Advanced Computing Segment | $115.7M | 34% |
| Optimized LED Segment | $55.7M | 16% |
