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MACERICH CO（MAC）与POWER SOLUTIONS INTERNATIONAL, INC.（PSIX）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POWER SOLUTIONS INTERNATIONAL, INC.的1.4倍（$261.7M vs $191.2M），POWER SOLUTIONS INTERNATIONAL, INC.净利率更高（8.4% vs -7.2%，领先15.6%），POWER SOLUTIONS INTERNATIONAL, INC.同比增速更快（32.5% vs -4.4%），过去两年POWER SOLUTIONS INTERNATIONAL, INC.的营收复合增速更高（41.7% 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。
阿达尼能源解决方案有限公司（前身为阿达尼输电有限公司）是一家电力输配企业，总部位于艾哈迈达巴德。截至2025年4月，公司累计输电网络总长26696回路公里，是印度规模最大的民营输电企业之一。
MAC vs PSIX — 直观对比
营收规模更大
MAC
是对方的1.4倍
$191.2M
营收增速更快
PSIX
高出36.9%
-4.4%
净利率更高
PSIX
高出15.6%
-7.2%
两年增速更快
PSIX
近两年复合增速
12.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.7M | $191.2M |
| 净利润 | $-18.8M | $16.1M |
| 毛利率 | — | 21.9% |
| 营业利润率 | — | 12.7% |
| 净利率 | -7.2% | 8.4% |
| 营收同比 | -4.4% | 32.5% |
| 净利润同比 | 91.1% | -31.0% |
| 每股收益（稀释后） | $-0.08 | $0.69 |
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MACPSIX
| Q4 25 | $261.7M | $191.2M | ||
| Q3 25 | $253.3M | $203.8M | ||
| Q2 25 | $249.8M | $191.9M | ||
| Q1 25 | $249.2M | $135.4M | ||
| Q4 24 | $273.7M | $144.3M | ||
| Q3 24 | $220.2M | $125.8M | ||
| Q2 24 | $215.5M | $110.6M | ||
| Q1 24 | $208.8M | $95.2M |
净利润MACPSIX
| Q4 25 | $-18.8M | $16.1M | ||
| Q3 25 | $-87.4M | $27.6M | ||
| Q2 25 | $-40.9M | $51.2M | ||
| Q1 25 | $-50.1M | $19.1M | ||
| Q4 24 | $-211.2M | $23.3M | ||
| Q3 24 | $-108.2M | $17.3M | ||
| Q2 24 | $252.0M | $21.5M | ||
| Q1 24 | $-126.7M | $7.1M |
毛利率MACPSIX
| Q4 25 | — | 21.9% | ||
| Q3 25 | — | 23.9% | ||
| Q2 25 | — | 28.2% | ||
| Q1 25 | — | 29.7% | ||
| Q4 24 | — | 29.9% | ||
| Q3 24 | — | 28.9% | ||
| Q2 24 | — | 31.8% | ||
| Q1 24 | — | 27.0% |
营业利润率MACPSIX
| Q4 25 | — | 12.7% | ||
| Q3 25 | — | 13.9% | ||
| Q2 25 | — | 16.9% | ||
| Q1 25 | — | 18.2% | ||
| Q4 24 | — | 17.5% | ||
| Q3 24 | — | 16.3% | ||
| Q2 24 | — | 22.9% | ||
| Q1 24 | — | 11.2% |
净利率MACPSIX
| Q4 25 | -7.2% | 8.4% | ||
| Q3 25 | -34.5% | 13.5% | ||
| Q2 25 | -16.4% | 26.7% | ||
| Q1 25 | -20.1% | 14.1% | ||
| Q4 24 | -77.2% | 16.1% | ||
| Q3 24 | -49.1% | 13.8% | ||
| Q2 24 | 116.9% | 19.5% | ||
| Q1 24 | -60.7% | 7.5% |
每股收益（稀释后）MACPSIX
| Q4 25 | $-0.08 | $0.69 | ||
| Q3 25 | $-0.34 | $1.20 | ||
| Q2 25 | $-0.16 | $2.22 | ||
| Q1 25 | $-0.20 | $0.83 | ||
| Q4 24 | $-0.95 | $1.01 | ||
| Q3 24 | $-0.50 | $0.75 | ||
| Q2 24 | $1.16 | $0.94 | ||
| Q1 24 | $-0.59 | $0.31 |
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 | $41.3M |
| 总债务越低越好 | $5.1B | $96.6M |
| 股东权益账面价值 | $2.4B | $178.6M |
| 总资产 | $8.4B | $424.7M |
| 负债/权益比越低杠杆越低 | 2.07× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资MACPSIX
| Q4 25 | $280.2M | $41.3M | ||
| Q3 25 | $290.2M | $49.0M | ||
| Q2 25 | $131.1M | $49.5M | ||
| Q1 25 | $253.2M | $50.0M | ||
| Q4 24 | $89.9M | $55.3M | ||
| Q3 24 | $116.5M | $40.5M | ||
| Q2 24 | $70.7M | $28.8M | ||
| Q1 24 | $120.1M | $33.1M |
总债务MACPSIX
| Q4 25 | $5.1B | $96.6M | ||
| Q3 25 | $5.1B | $96.7M | ||
| Q2 25 | $5.2B | $1.8M | ||
| Q1 25 | $5.2B | $1.0M | ||
| Q4 24 | $4.9B | $184.0K | ||
| Q3 24 | $4.3B | $238.0K | ||
| Q2 24 | $4.4B | $292.0K | ||
| Q1 24 | $4.1B | $345.0K |
股东权益MACPSIX
| Q4 25 | $2.4B | $178.6M | ||
| Q3 25 | $2.5B | $162.5M | ||
| Q2 25 | $2.6B | $135.7M | ||
| Q1 25 | $2.7B | $84.3M | ||
| Q4 24 | $2.8B | $65.3M | ||
| Q3 24 | $2.5B | $42.1M | ||
| Q2 24 | $2.5B | $24.8M | ||
| Q1 24 | $2.3B | $3.2M |
总资产MACPSIX
| Q4 25 | $8.4B | $424.7M | ||
| Q3 25 | $8.4B | $458.9M | ||
| Q2 25 | $8.7B | $437.7M | ||
| Q1 25 | $8.7B | $372.7M | ||
| Q4 24 | $8.6B | $328.2M | ||
| Q3 24 | $7.6B | $339.1M | ||
| Q2 24 | $7.8B | $307.6M | ||
| Q1 24 | $7.4B | $286.8M |
负债/权益比MACPSIX
| Q4 25 | 2.07× | 0.54× | ||
| Q3 25 | 2.02× | 0.60× | ||
| Q2 25 | 2.02× | 0.01× | ||
| Q1 25 | 1.96× | 0.01× | ||
| Q4 24 | 1.78× | 0.00× | ||
| Q3 24 | 1.73× | 0.01× | ||
| Q2 24 | 1.75× | 0.01× | ||
| Q1 24 | 1.79× | 0.11× |
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 | $-4.6M |
| 自由现金流经营现金流 - 资本支出 | — | $-7.6M |
| 自由现金流率自由现金流/营收 | — | -4.0% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 现金转化率经营现金流/净利润 | — | -0.29× |
| 过去12个月自由现金流最近4个季度 | — | $14.1M |
8季度趋势，按日历期对齐
经营现金流MACPSIX
| Q4 25 | $50.2M | $-4.6M | ||
| Q3 25 | $112.4M | $3.3M | ||
| Q2 25 | $70.5M | $16.7M | ||
| Q1 25 | $88.5M | $8.8M | ||
| Q4 24 | $54.9M | $32.7M | ||
| Q3 24 | $100.0M | $12.6M | ||
| Q2 24 | $67.4M | $1.5M | ||
| Q1 24 | $61.1M | $15.6M |
自由现金流MACPSIX
| Q4 25 | — | $-7.6M | ||
| Q3 25 | — | $1.7M | ||
| Q2 25 | — | $14.6M | ||
| Q1 25 | — | $5.4M | ||
| Q4 24 | — | $30.0M | ||
| Q3 24 | — | $12.1M | ||
| Q2 24 | — | $822.0K | ||
| Q1 24 | — | $14.8M |
自由现金流率MACPSIX
| Q4 25 | — | -4.0% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 7.6% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 15.6% |
资本支出强度MACPSIX
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.9% |
现金转化率MACPSIX
| Q4 25 | — | -0.29× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.33× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | 0.27× | 0.07× | ||
| Q1 24 | — | 2.20× |
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
PSIX
| Energy End Market | $153.4M | 80% |
| Industrial End Market | $33.3M | 17% |
| Transportation End Market | $4.6M | 2% |
