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MACERICH CO（MAC）与SHOE CARNIVAL INC（SCVL）财务数据对比。点击上方公司名可切换其他公司
SHOE CARNIVAL INC的季度营收约是MACERICH CO的1.1倍（$297.2M vs $261.7M），SHOE CARNIVAL INC净利率更高（4.9% vs -7.2%，领先12.1%），SHOE CARNIVAL INC同比增速更快（-3.2% vs -4.4%），过去两年MACERICH CO的营收复合增速更高（12.0% vs 3.0%）
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。
Shoe Carnival Inc是一家美国家庭鞋类零售商，目前在美国中西部、南部、东南部地区以及波多黎各共开设了429家门店。该公司由大卫·拉塞尔于1978年创立，截至2025年，其总部位于南卡罗来纳州福特米尔。
MAC vs SCVL — 直观对比
营收规模更大
SCVL
是对方的1.1倍
$261.7M
营收增速更快
SCVL
高出1.2%
-4.4%
净利率更高
SCVL
高出12.1%
-7.2%
两年增速更快
MAC
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $261.7M | $297.2M |
| 净利润 | $-18.8M | $14.6M |
| 毛利率 | — | 37.6% |
| 营业利润率 | — | 6.3% |
| 净利率 | -7.2% | 4.9% |
| 营收同比 | -4.4% | -3.2% |
| 净利润同比 | 91.1% | -23.9% |
| 每股收益（稀释后） | $-0.08 | $0.53 |
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MACSCVL
| Q4 25 | $261.7M | $297.2M | ||
| Q3 25 | $253.3M | $306.4M | ||
| Q2 25 | $249.8M | $277.7M | ||
| Q1 25 | $249.2M | $262.9M | ||
| Q4 24 | $273.7M | $306.9M | ||
| Q3 24 | $220.2M | $332.7M | ||
| Q2 24 | $215.5M | $300.4M | ||
| Q1 24 | $208.8M | $280.2M |
净利润MACSCVL
| Q4 25 | $-18.8M | $14.6M | ||
| Q3 25 | $-87.4M | $19.2M | ||
| Q2 25 | $-40.9M | $9.3M | ||
| Q1 25 | $-50.1M | $14.7M | ||
| Q4 24 | $-211.2M | $19.2M | ||
| Q3 24 | $-108.2M | $22.6M | ||
| Q2 24 | $252.0M | $17.3M | ||
| Q1 24 | $-126.7M | $15.5M |
毛利率MACSCVL
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 38.8% | ||
| Q2 25 | — | 34.5% | ||
| Q1 25 | — | 34.9% | ||
| Q4 24 | — | 36.0% | ||
| Q3 24 | — | 36.1% | ||
| Q2 24 | — | 35.6% | ||
| Q1 24 | — | 35.6% |
营业利润率MACSCVL
| Q4 25 | — | 6.3% | ||
| Q3 25 | — | 8.2% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 9.0% | ||
| Q2 24 | — | 7.5% | ||
| Q1 24 | — | 7.1% |
净利率MACSCVL
| Q4 25 | -7.2% | 4.9% | ||
| Q3 25 | -34.5% | 6.3% | ||
| Q2 25 | -16.4% | 3.4% | ||
| Q1 25 | -20.1% | 5.6% | ||
| Q4 24 | -77.2% | 6.3% | ||
| Q3 24 | -49.1% | 6.8% | ||
| Q2 24 | 116.9% | 5.8% | ||
| Q1 24 | -60.7% | 5.5% |
每股收益（稀释后）MACSCVL
| Q4 25 | $-0.08 | $0.53 | ||
| Q3 25 | $-0.34 | $0.70 | ||
| Q2 25 | $-0.16 | $0.34 | ||
| Q1 25 | $-0.20 | $0.53 | ||
| Q4 24 | $-0.95 | $0.70 | ||
| Q3 24 | $-0.50 | $0.82 | ||
| Q2 24 | $1.16 | $0.63 | ||
| Q1 24 | $-0.59 | $0.57 |
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 | $107.7M |
| 总债务越低越好 | $5.1B | — |
| 股东权益账面价值 | $2.4B | $683.2M |
| 总资产 | $8.4B | $1.2B |
| 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MACSCVL
| Q4 25 | $280.2M | $107.7M | ||
| Q3 25 | $290.2M | $91.9M | ||
| Q2 25 | $131.1M | $93.0M | ||
| Q1 25 | $253.2M | $123.1M | ||
| Q4 24 | $89.9M | $91.1M | ||
| Q3 24 | $116.5M | $84.5M | ||
| Q2 24 | $70.7M | $69.5M | ||
| Q1 24 | $120.1M | $111.2M |
总债务MACSCVL
| 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 | — | ||
| Q1 24 | $4.1B | — |
股东权益MACSCVL
| Q4 25 | $2.4B | $683.2M | ||
| Q3 25 | $2.5B | $670.7M | ||
| Q2 25 | $2.6B | $653.6M | ||
| Q1 25 | $2.7B | $649.0M | ||
| Q4 24 | $2.8B | $635.7M | ||
| Q3 24 | $2.5B | $618.5M | ||
| Q2 24 | $2.5B | $597.8M | ||
| Q1 24 | $2.3B | $583.4M |
总资产MACSCVL
| Q4 25 | $8.4B | $1.2B | ||
| Q3 25 | $8.4B | $1.2B | ||
| Q2 25 | $8.7B | $1.1B | ||
| Q1 25 | $8.7B | $1.1B | ||
| Q4 24 | $8.6B | $1.1B | ||
| Q3 24 | $7.6B | $1.1B | ||
| Q2 24 | $7.8B | $1.1B | ||
| Q1 24 | $7.4B | $1.0B |
负债/权益比MACSCVL
| 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× | — | ||
| 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 | $33.6M |
| 自由现金流经营现金流 - 资本支出 | — | $19.7M |
| 自由现金流率自由现金流/营收 | — | 6.6% |
| 资本支出强度资本支出/营收 | — | 4.7% |
| 现金转化率经营现金流/净利润 | — | 2.30× |
| 过去12个月自由现金流最近4个季度 | — | $35.1M |
8季度趋势，按日历期对齐
经营现金流MACSCVL
| Q4 25 | $50.2M | $33.6M | ||
| Q3 25 | $112.4M | $13.3M | ||
| Q2 25 | $70.5M | $-9.6M | ||
| Q1 25 | $88.5M | $44.5M | ||
| Q4 24 | $54.9M | $17.3M | ||
| Q3 24 | $100.0M | $23.7M | ||
| Q2 24 | $67.4M | $17.1M | ||
| Q1 24 | $61.1M | $53.4M |
自由现金流MACSCVL
| Q4 25 | — | $19.7M | ||
| Q3 25 | — | $2.2M | ||
| Q2 25 | — | $-23.0M | ||
| Q1 25 | — | $36.2M | ||
| Q4 24 | — | $8.3M | ||
| Q3 24 | — | $18.2M | ||
| Q2 24 | — | $6.9M | ||
| Q1 24 | — | $40.7M |
自由现金流率MACSCVL
| Q4 25 | — | 6.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | -8.3% | ||
| Q1 25 | — | 13.8% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 14.5% |
资本支出强度MACSCVL
| Q4 25 | — | 4.7% | ||
| Q3 25 | — | 3.6% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 3.4% | ||
| Q1 24 | — | 4.5% |
现金转化率MACSCVL
| Q4 25 | — | 2.30× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | -1.03× | ||
| Q1 25 | — | 3.04× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 1.05× | ||
| Q2 24 | 0.27× | 0.99× | ||
| Q1 24 | — | 3.44× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
