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MACERICH CO（MAC）与Proto Labs Inc（PRLB）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Proto Labs Inc的1.9倍（$261.7M vs $139.3M），Proto Labs Inc净利率更高（5.8% vs -7.2%，领先13.0%），Proto Labs Inc同比增速更快（10.4% vs -4.4%），过去两年MACERICH CO的营收复合增速更高（12.0% vs 5.3%）
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。
Proto Labs是一家提供快速制造服务的企业，可通过3D打印、CNC加工、钣金加工以及注塑成型工艺，为客户生产用于原型制作和量产的定制零部件，产品广泛应用于医疗设备、航空航天、电子、家电、汽车、消费品等多个领域，公司总部位于美国明尼苏达州，在美国多地设有生产基地。
MAC vs PRLB — 直观对比
营收规模更大
MAC
是对方的1.9倍
$139.3M
营收增速更快
PRLB
高出14.8%
-4.4%
净利率更高
PRLB
高出13.0%
-7.2%
两年增速更快
MAC
近两年复合增速
5.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $261.7M | $139.3M |
| 净利润 | $-18.8M | $8.1M |
| 毛利率 | — | 45.6% |
| 营业利润率 | — | 7.1% |
| 净利率 | -7.2% | 5.8% |
| 营收同比 | -4.4% | 10.4% |
| 净利润同比 | 91.1% | 125.4% |
| 每股收益（稀释后） | $-0.08 | $0.29 |
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MACPRLB
| Q1 26 | — | $139.3M | ||
| Q4 25 | $261.7M | $136.5M | ||
| Q3 25 | $253.3M | $135.4M | ||
| Q2 25 | $249.8M | $135.1M | ||
| Q1 25 | $249.2M | $126.2M | ||
| Q4 24 | $273.7M | $121.8M | ||
| Q3 24 | $220.2M | $125.6M | ||
| Q2 24 | $215.5M | $125.6M |
净利润MACPRLB
| Q1 26 | — | $8.1M | ||
| Q4 25 | $-18.8M | — | ||
| Q3 25 | $-87.4M | $7.2M | ||
| Q2 25 | $-40.9M | $4.4M | ||
| Q1 25 | $-50.1M | $3.6M | ||
| Q4 24 | $-211.2M | — | ||
| Q3 24 | $-108.2M | $7.2M | ||
| Q2 24 | $252.0M | $4.5M |
毛利率MACPRLB
| Q1 26 | — | 45.6% | ||
| Q4 25 | — | 44.2% | ||
| Q3 25 | — | 45.3% | ||
| Q2 25 | — | 44.3% | ||
| Q1 25 | — | 44.1% | ||
| Q4 24 | — | 42.7% | ||
| Q3 24 | — | 45.6% | ||
| Q2 24 | — | 45.0% |
营业利润率MACPRLB
| Q1 26 | — | 7.1% | ||
| Q4 25 | — | 5.0% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | 3.6% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | — | 4.8% |
净利率MACPRLB
| Q1 26 | — | 5.8% | ||
| Q4 25 | -7.2% | — | ||
| Q3 25 | -34.5% | 5.3% | ||
| Q2 25 | -16.4% | 3.3% | ||
| Q1 25 | -20.1% | 2.9% | ||
| Q4 24 | -77.2% | — | ||
| Q3 24 | -49.1% | 5.7% | ||
| Q2 24 | 116.9% | 3.6% |
每股收益（稀释后）MACPRLB
| Q1 26 | — | $0.29 | ||
| Q4 25 | $-0.08 | $0.25 | ||
| Q3 25 | $-0.34 | $0.30 | ||
| Q2 25 | $-0.16 | $0.18 | ||
| Q1 25 | $-0.20 | $0.15 | ||
| Q4 24 | $-0.95 | $-0.01 | ||
| Q3 24 | $-0.50 | $0.29 | ||
| Q2 24 | $1.16 | $0.18 |
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 | $124.0M |
| 总债务越低越好 | $5.1B | — |
| 股东权益账面价值 | $2.4B | $683.1M |
| 总资产 | $8.4B | $778.6M |
| 负债/权益比越低杠杆越低 | 2.07× | — |
8季度趋势，按日历期对齐
现金及短期投资MACPRLB
| Q1 26 | — | $124.0M | ||
| Q4 25 | $280.2M | $128.1M | ||
| Q3 25 | $290.2M | $119.2M | ||
| Q2 25 | $131.1M | $103.2M | ||
| Q1 25 | $253.2M | $96.8M | ||
| Q4 24 | $89.9M | $103.1M | ||
| Q3 24 | $116.5M | $100.5M | ||
| Q2 24 | $70.7M | $112.9M |
总债务MACPRLB
| Q1 26 | — | — | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $5.2B | — | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | $4.9B | — | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $4.4B | — |
股东权益MACPRLB
| Q1 26 | — | $683.1M | ||
| Q4 25 | $2.4B | $673.9M | ||
| Q3 25 | $2.5B | $664.7M | ||
| Q2 25 | $2.6B | $664.7M | ||
| Q1 25 | $2.7B | $656.8M | ||
| Q4 24 | $2.8B | $670.2M | ||
| Q3 24 | $2.5B | $680.0M | ||
| Q2 24 | $2.5B | $685.2M |
总资产MACPRLB
| Q1 26 | — | $778.6M | ||
| Q4 25 | $8.4B | $763.4M | ||
| Q3 25 | $8.4B | $756.9M | ||
| Q2 25 | $8.7B | $743.3M | ||
| Q1 25 | $8.7B | $737.5M | ||
| Q4 24 | $8.6B | $743.5M | ||
| Q3 24 | $7.6B | $753.8M | ||
| Q2 24 | $7.8B | $758.2M |
负债/权益比MACPRLB
| Q1 26 | — | — | ||
| Q4 25 | 2.07× | — | ||
| Q3 25 | 2.02× | — | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | 1.96× | — | ||
| Q4 24 | 1.78× | — | ||
| Q3 24 | 1.73× | — | ||
| Q2 24 | 1.75× | — |
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 | $17.5M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 2.16× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流MACPRLB
| Q1 26 | — | $17.5M | ||
| Q4 25 | $50.2M | $16.5M | ||
| Q3 25 | $112.4M | $29.1M | ||
| Q2 25 | $70.5M | $10.6M | ||
| Q1 25 | $88.5M | $18.4M | ||
| Q4 24 | $54.9M | $17.3M | ||
| Q3 24 | $100.0M | $24.8M | ||
| Q2 24 | $67.4M | $14.4M |
自由现金流MACPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | $8.4M | ||
| Q3 25 | — | $25.0M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $17.1M | ||
| Q4 24 | — | $16.5M | ||
| Q3 24 | — | $23.2M | ||
| Q2 24 | — | $10.2M |
自由现金流率MACPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | 6.2% | ||
| Q3 25 | — | 18.5% | ||
| Q2 25 | — | 6.7% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 8.2% |
资本支出强度MACPRLB
| Q1 26 | — | — | ||
| Q4 25 | — | 5.9% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 3.3% |
现金转化率MACPRLB
| Q1 26 | — | 2.16× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 4.03× | ||
| Q2 25 | — | 2.39× | ||
| Q1 25 | — | 5.11× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.44× | ||
| Q2 24 | 0.27× | 3.18× |
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
PRLB
| CNC Machining | $63.2M | 45% |
| Injection Molding | $51.1M | 37% |
| 3D Printing | $20.5M | 15% |
| Sheet Metal | $4.4M | 3% |
| Other Revenue | $207.0K | 0% |
