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MACERICH CO（MAC）与GIBRALTAR INDUSTRIES, INC.（ROCK）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GIBRALTAR INDUSTRIES, INC.的1.2倍（$261.7M vs $225.0M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs -4.4%），过去两年MACERICH CO的营收复合增速更高（12.0% vs -12.3%）
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。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
MAC vs ROCK — 直观对比
营收规模更大
MAC
是对方的1.2倍
$225.0M
营收增速更快
ROCK
高出29.3%
-4.4%
两年增速更快
MAC
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.7M | $225.0M |
| 净利润 | $-18.8M | — |
| 毛利率 | — | 25.3% |
| 营业利润率 | — | 7.9% |
| 净利率 | -7.2% | — |
| 营收同比 | -4.4% | 24.9% |
| 净利润同比 | 91.1% | — |
| 每股收益（稀释后） | $-0.08 | — |
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MACROCK
| Q4 25 | $261.7M | $225.0M | ||
| Q3 25 | $253.3M | $310.9M | ||
| Q2 25 | $249.8M | $309.5M | ||
| Q1 25 | $249.2M | $290.0M | ||
| Q4 24 | $273.7M | $180.1M | ||
| Q3 24 | $220.2M | $277.1M | ||
| Q2 24 | $215.5M | $273.6M | ||
| Q1 24 | $208.8M | $292.5M |
净利润MACROCK
| Q4 25 | $-18.8M | — | ||
| Q3 25 | $-87.4M | $-89.1M | ||
| Q2 25 | $-40.9M | $26.0M | ||
| Q1 25 | $-50.1M | $21.1M | ||
| Q4 24 | $-211.2M | — | ||
| Q3 24 | $-108.2M | $34.0M | ||
| Q2 24 | $252.0M | $32.2M | ||
| Q1 24 | $-126.7M | $24.9M |
毛利率MACROCK
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 26.6% | ||
| Q2 25 | — | 28.4% | ||
| Q1 25 | — | 26.8% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | — | 30.5% | ||
| Q1 24 | — | 28.9% |
营业利润率MACROCK
| Q4 25 | — | 7.9% | ||
| Q3 25 | — | 12.8% | ||
| Q2 25 | — | 12.8% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | — | 13.3% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 14.9% | ||
| Q1 24 | — | 10.8% |
净利率MACROCK
| Q4 25 | -7.2% | — | ||
| Q3 25 | -34.5% | -28.6% | ||
| Q2 25 | -16.4% | 8.4% | ||
| Q1 25 | -20.1% | 7.3% | ||
| Q4 24 | -77.2% | — | ||
| Q3 24 | -49.1% | 12.3% | ||
| Q2 24 | 116.9% | 11.8% | ||
| Q1 24 | -60.7% | 8.5% |
每股收益（稀释后）MACROCK
| Q4 25 | $-0.08 | — | ||
| Q3 25 | $-0.34 | $-2.98 | ||
| Q2 25 | $-0.16 | $0.87 | ||
| Q1 25 | $-0.20 | — | ||
| Q4 24 | $-0.95 | — | ||
| Q3 24 | $-0.50 | $1.11 | ||
| Q2 24 | $1.16 | $1.05 | ||
| 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 | $115.7M |
| 总债务越低越好 | $5.1B | $0 |
| 股东权益账面价值 | $2.4B | $950.4M |
| 总资产 | $8.4B | $1.4B |
| 负债/权益比越低杠杆越低 | 2.07× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资MACROCK
| Q4 25 | $280.2M | $115.7M | ||
| Q3 25 | $290.2M | $89.4M | ||
| Q2 25 | $131.1M | $43.3M | ||
| Q1 25 | $253.2M | $25.1M | ||
| Q4 24 | $89.9M | $269.5M | ||
| Q3 24 | $116.5M | $228.9M | ||
| Q2 24 | $70.7M | $179.1M | ||
| Q1 24 | $120.1M | $146.7M |
总债务MACROCK
| Q4 25 | $5.1B | $0 | ||
| Q3 25 | $5.1B | $0 | ||
| Q2 25 | $5.2B | $0 | ||
| Q1 25 | $5.2B | $0 | ||
| Q4 24 | $4.9B | $0 | ||
| Q3 24 | $4.3B | $0 | ||
| Q2 24 | $4.4B | $0 | ||
| Q1 24 | $4.1B | $0 |
股东权益MACROCK
| Q4 25 | $2.4B | $950.4M | ||
| Q3 25 | $2.5B | $951.8M | ||
| Q2 25 | $2.6B | $1.0B | ||
| Q1 25 | $2.7B | $1.0B | ||
| Q4 24 | $2.8B | $1.0B | ||
| Q3 24 | $2.5B | $1.0B | ||
| Q2 24 | $2.5B | $975.7M | ||
| Q1 24 | $2.3B | $940.2M |
总资产MACROCK
| Q4 25 | $8.4B | $1.4B | ||
| Q3 25 | $8.4B | $1.4B | ||
| Q2 25 | $8.7B | $1.5B | ||
| Q1 25 | $8.7B | $1.4B | ||
| Q4 24 | $8.6B | $1.4B | ||
| Q3 24 | $7.6B | $1.4B | ||
| Q2 24 | $7.8B | $1.4B | ||
| Q1 24 | $7.4B | $1.3B |
负债/权益比MACROCK
| Q4 25 | 2.07× | 0.00× | ||
| Q3 25 | 2.02× | 0.00× | ||
| Q2 25 | 2.02× | 0.00× | ||
| Q1 25 | 1.96× | 0.00× | ||
| Q4 24 | 1.78× | 0.00× | ||
| Q3 24 | 1.73× | 0.00× | ||
| Q2 24 | 1.75× | 0.00× | ||
| Q1 24 | 1.79× | 0.00× |
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 | $35.5M |
| 自由现金流经营现金流 - 资本支出 | — | $26.2M |
| 自由现金流率自由现金流/营收 | — | 11.7% |
| 资本支出强度资本支出/营收 | — | 4.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $120.6M |
8季度趋势，按日历期对齐
经营现金流MACROCK
| Q4 25 | $50.2M | $35.5M | ||
| Q3 25 | $112.4M | $73.0M | ||
| Q2 25 | $70.5M | $44.9M | ||
| Q1 25 | $88.5M | $13.7M | ||
| Q4 24 | $54.9M | $19.9M | ||
| Q3 24 | $100.0M | $64.7M | ||
| Q2 24 | $67.4M | $36.5M | ||
| Q1 24 | $61.1M | $53.2M |
自由现金流MACROCK
| Q4 25 | — | $26.2M | ||
| Q3 25 | — | $64.8M | ||
| Q2 25 | — | $27.3M | ||
| Q1 25 | — | $2.3M | ||
| Q4 24 | — | $14.1M | ||
| Q3 24 | — | $60.5M | ||
| Q2 24 | — | $33.5M | ||
| Q1 24 | — | $48.8M |
自由现金流率MACROCK
| Q4 25 | — | 11.7% | ||
| Q3 25 | — | 20.8% | ||
| Q2 25 | — | 8.8% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 21.8% | ||
| Q2 24 | — | 12.2% | ||
| Q1 24 | — | 16.7% |
资本支出强度MACROCK
| Q4 25 | — | 4.1% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 5.7% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 1.1% | ||
| Q1 24 | — | 1.5% |
现金转化率MACROCK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | 0.27× | 1.13× | ||
| Q1 24 | — | 2.13× |
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
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
