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MACERICH CO（MAC）与PROGRESS SOFTWARE CORP（PRGS）财务数据对比。点击上方公司名可切换其他公司
MACERICH CO的季度营收约是PROGRESS SOFTWARE CORP的1.0倍（$261.7M vs $252.7M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs -7.2%，领先17.4%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs -4.4%），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs 12.0%）
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。
Progress Software是全球领先的企业级软件服务商，主营应用开发平台、数据连接工具、数字体验解决方案等产品，服务覆盖金融、医疗、制造、零售等多行业的全球企业客户，助力客户搭建高性能可扩展的业务应用，提升运营效率。
MAC vs PRGS — 直观对比
营收规模更大
MAC
是对方的1.0倍
$252.7M
营收增速更快
PRGS
高出21.9%
-4.4%
净利率更高
PRGS
高出17.4%
-7.2%
两年增速更快
PRGS
近两年复合增速
12.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.7M | $252.7M |
| 净利润 | $-18.8M | $25.7M |
| 毛利率 | — | 81.6% |
| 营业利润率 | — | 15.2% |
| 净利率 | -7.2% | 10.2% |
| 营收同比 | -4.4% | 17.5% |
| 净利润同比 | 91.1% | 2144.6% |
| 每股收益（稀释后） | $-0.08 | $0.59 |
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MACPRGS
| Q4 25 | $261.7M | $252.7M | ||
| Q3 25 | $253.3M | $249.8M | ||
| Q2 25 | $249.8M | $237.4M | ||
| Q1 25 | $249.2M | $238.0M | ||
| Q4 24 | $273.7M | $215.0M | ||
| Q3 24 | $220.2M | $178.7M | ||
| Q2 24 | $215.5M | $175.1M | ||
| Q1 24 | $208.8M | $184.7M |
净利润MACPRGS
| Q4 25 | $-18.8M | $25.7M | ||
| Q3 25 | $-87.4M | $19.4M | ||
| Q2 25 | $-40.9M | $17.0M | ||
| Q1 25 | $-50.1M | $10.9M | ||
| Q4 24 | $-211.2M | $1.1M | ||
| Q3 24 | $-108.2M | $28.5M | ||
| Q2 24 | $252.0M | $16.2M | ||
| Q1 24 | $-126.7M | $22.6M |
毛利率MACPRGS
| Q4 25 | — | 81.6% | ||
| Q3 25 | — | 81.0% | ||
| Q2 25 | — | 80.1% | ||
| Q1 25 | — | 80.6% | ||
| Q4 24 | — | 83.0% | ||
| Q3 24 | — | 83.7% | ||
| Q2 24 | — | 81.7% | ||
| Q1 24 | — | 82.2% |
营业利润率MACPRGS
| Q4 25 | — | 15.2% | ||
| Q3 25 | — | 17.6% | ||
| Q2 25 | — | 16.3% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | — | 22.6% | ||
| Q2 24 | — | 15.5% | ||
| Q1 24 | — | 19.0% |
净利率MACPRGS
| Q4 25 | -7.2% | 10.2% | ||
| Q3 25 | -34.5% | 7.8% | ||
| Q2 25 | -16.4% | 7.2% | ||
| Q1 25 | -20.1% | 4.6% | ||
| Q4 24 | -77.2% | 0.5% | ||
| Q3 24 | -49.1% | 15.9% | ||
| Q2 24 | 116.9% | 9.2% | ||
| Q1 24 | -60.7% | 12.3% |
每股收益（稀释后）MACPRGS
| Q4 25 | $-0.08 | $0.59 | ||
| Q3 25 | $-0.34 | $0.44 | ||
| Q2 25 | $-0.16 | $0.39 | ||
| Q1 25 | $-0.20 | $0.24 | ||
| Q4 24 | $-0.95 | $0.01 | ||
| Q3 24 | $-0.50 | $0.65 | ||
| Q2 24 | $1.16 | $0.37 | ||
| Q1 24 | $-0.59 | $0.51 |
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 | $94.8M |
| 总债务越低越好 | $5.1B | $1.4B |
| 股东权益账面价值 | $2.4B | $478.3M |
| 总资产 | $8.4B | $2.5B |
| 负债/权益比越低杠杆越低 | 2.07× | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资MACPRGS
| Q4 25 | $280.2M | $94.8M | ||
| Q3 25 | $290.2M | $99.0M | ||
| Q2 25 | $131.1M | $102.0M | ||
| Q1 25 | $253.2M | $124.2M | ||
| Q4 24 | $89.9M | $118.1M | ||
| Q3 24 | $116.5M | $232.7M | ||
| Q2 24 | $70.7M | $190.4M | ||
| Q1 24 | $120.1M | $133.2M |
总债务MACPRGS
| Q4 25 | $5.1B | $1.4B | ||
| Q3 25 | $5.1B | $1.4B | ||
| Q2 25 | $5.2B | $1.5B | ||
| Q1 25 | $5.2B | $1.5B | ||
| Q4 24 | $4.9B | $1.5B | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $4.4B | — | ||
| Q1 24 | $4.1B | — |
股东权益MACPRGS
| Q4 25 | $2.4B | $478.3M | ||
| Q3 25 | $2.5B | $477.7M | ||
| Q2 25 | $2.6B | $452.7M | ||
| Q1 25 | $2.7B | $431.8M | ||
| Q4 24 | $2.8B | $438.8M | ||
| Q3 24 | $2.5B | $425.6M | ||
| Q2 24 | $2.5B | $401.7M | ||
| Q1 24 | $2.3B | $461.7M |
总资产MACPRGS
| Q4 25 | $8.4B | $2.5B | ||
| Q3 25 | $8.4B | $2.4B | ||
| Q2 25 | $8.7B | $2.4B | ||
| Q1 25 | $8.7B | $2.5B | ||
| Q4 24 | $8.6B | $2.5B | ||
| Q3 24 | $7.6B | $1.6B | ||
| Q2 24 | $7.8B | $1.6B | ||
| Q1 24 | $7.4B | $1.5B |
负债/权益比MACPRGS
| Q4 25 | 2.07× | 2.93× | ||
| Q3 25 | 2.02× | 2.97× | ||
| Q2 25 | 2.02× | 3.22× | ||
| Q1 25 | 1.96× | 3.50× | ||
| Q4 24 | 1.78× | 3.48× | ||
| Q3 24 | 1.73× | — | ||
| Q2 24 | 1.75× | — | ||
| 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 | $62.8M |
| 自由现金流经营现金流 - 资本支出 | — | $59.9M |
| 自由现金流率自由现金流/营收 | — | 23.7% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | — | 2.44× |
| 过去12个月自由现金流最近4个季度 | — | $229.5M |
8季度趋势，按日历期对齐
经营现金流MACPRGS
| Q4 25 | $50.2M | $62.8M | ||
| Q3 25 | $112.4M | $73.4M | ||
| Q2 25 | $70.5M | $30.0M | ||
| Q1 25 | $88.5M | $68.9M | ||
| Q4 24 | $54.9M | $19.7M | ||
| Q3 24 | $100.0M | $57.7M | ||
| Q2 24 | $67.4M | $63.7M | ||
| Q1 24 | $61.1M | $70.5M |
自由现金流MACPRGS
| Q4 25 | — | $59.9M | ||
| Q3 25 | — | $72.4M | ||
| Q2 25 | — | $29.5M | ||
| Q1 25 | — | $67.7M | ||
| Q4 24 | — | $16.8M | ||
| Q3 24 | — | $56.6M | ||
| Q2 24 | — | $62.7M | ||
| Q1 24 | — | $70.2M |
自由现金流率MACPRGS
| Q4 25 | — | 23.7% | ||
| Q3 25 | — | 29.0% | ||
| Q2 25 | — | 12.4% | ||
| Q1 25 | — | 28.4% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 31.7% | ||
| Q2 24 | — | 35.8% | ||
| Q1 24 | — | 38.0% |
资本支出强度MACPRGS
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.2% |
现金转化率MACPRGS
| Q4 25 | — | 2.44× | ||
| Q3 25 | — | 3.78× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 6.30× | ||
| Q4 24 | — | 17.13× | ||
| Q3 24 | — | 2.03× | ||
| Q2 24 | 0.27× | 3.93× | ||
| Q1 24 | — | 3.11× |
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
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
