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MACERICH CO（MAC）与STRATTEC SECURITY CORP（STRT）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STRATTEC SECURITY CORP的1.9倍（$261.7M vs $137.5M），STRATTEC SECURITY CORP净利率更高（3.6% vs -7.2%，领先10.8%），STRATTEC SECURITY CORP同比增速更快（5.9% vs -4.4%），过去两年MACERICH CO的营收复合增速更高（12.0% vs 7.7%）
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。
STRATTEC安全公司是专业的汽车安全访问解决方案供应商，主营汽车机械与电子锁具、钥匙、无钥匙进入系统等产品，主要服务全球汽车整车厂商、重型车辆制造商及汽车后市场客户，业务覆盖北美、欧洲、亚太等地区。
MAC vs STRT — 直观对比
营收规模更大
MAC
是对方的1.9倍
$137.5M
营收增速更快
STRT
高出10.2%
-4.4%
净利率更高
STRT
高出10.8%
-7.2%
两年增速更快
MAC
近两年复合增速
7.7%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $261.7M | $137.5M |
| 净利润 | $-18.8M | $4.9M |
| 毛利率 | — | 16.5% |
| 营业利润率 | — | 3.5% |
| 净利率 | -7.2% | 3.6% |
| 营收同比 | -4.4% | 5.9% |
| 净利润同比 | 91.1% | 275.1% |
| 每股收益（稀释后） | $-0.08 | $1.20 |
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MACSTRT
| Q4 25 | $261.7M | $137.5M | ||
| Q3 25 | $253.3M | $152.4M | ||
| Q2 25 | $249.8M | $152.0M | ||
| Q1 25 | $249.2M | $144.1M | ||
| Q4 24 | $273.7M | $129.9M | ||
| Q3 24 | $220.2M | $139.1M | ||
| Q2 24 | $215.5M | — | ||
| Q1 24 | $208.8M | $140.8M |
净利润MACSTRT
| Q4 25 | $-18.8M | $4.9M | ||
| Q3 25 | $-87.4M | $8.5M | ||
| Q2 25 | $-40.9M | $8.3M | ||
| Q1 25 | $-50.1M | $5.4M | ||
| Q4 24 | $-211.2M | $1.3M | ||
| Q3 24 | $-108.2M | $3.7M | ||
| Q2 24 | $252.0M | — | ||
| Q1 24 | $-126.7M | $1.5M |
毛利率MACSTRT
| Q4 25 | — | 16.5% | ||
| Q3 25 | — | 17.3% | ||
| Q2 25 | — | 16.7% | ||
| Q1 25 | — | 16.0% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | — | 13.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 10.4% |
营业利润率MACSTRT
| Q4 25 | — | 3.5% | ||
| Q3 25 | — | 6.9% | ||
| Q2 25 | — | 5.6% | ||
| Q1 25 | — | 4.9% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.4% |
净利率MACSTRT
| Q4 25 | -7.2% | 3.6% | ||
| Q3 25 | -34.5% | 5.6% | ||
| Q2 25 | -16.4% | 5.4% | ||
| Q1 25 | -20.1% | 3.7% | ||
| Q4 24 | -77.2% | 1.0% | ||
| Q3 24 | -49.1% | 2.7% | ||
| Q2 24 | 116.9% | — | ||
| Q1 24 | -60.7% | 1.1% |
每股收益（稀释后）MACSTRT
| Q4 25 | $-0.08 | $1.20 | ||
| Q3 25 | $-0.34 | $2.07 | ||
| Q2 25 | $-0.16 | $2.02 | ||
| Q1 25 | $-0.20 | $1.32 | ||
| Q4 24 | $-0.95 | $0.32 | ||
| Q3 24 | $-0.50 | $0.92 | ||
| Q2 24 | $1.16 | — | ||
| Q1 24 | $-0.59 | $0.37 |
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 | $99.0M |
| 总债务越低越好 | $5.1B | — |
| 股东权益账面价值 | $2.4B | $236.8M |
| 总资产 | $8.4B | $392.2M |
| 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MACSTRT
| Q4 25 | $280.2M | $99.0M | ||
| Q3 25 | $290.2M | $90.5M | ||
| Q2 25 | $131.1M | $84.6M | ||
| Q1 25 | $253.2M | $62.1M | ||
| Q4 24 | $89.9M | $42.6M | ||
| Q3 24 | $116.5M | $34.4M | ||
| Q2 24 | $70.7M | — | ||
| Q1 24 | $120.1M | $9.6M |
总债务MACSTRT
| 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MACSTRT
| Q4 25 | $2.4B | $236.8M | ||
| Q3 25 | $2.5B | $230.5M | ||
| Q2 25 | $2.6B | $221.6M | ||
| Q1 25 | $2.7B | $210.7M | ||
| Q4 24 | $2.8B | $204.5M | ||
| Q3 24 | $2.5B | $203.0M | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.3B | $193.8M |
总资产MACSTRT
| Q4 25 | $8.4B | $392.2M | ||
| Q3 25 | $8.4B | $390.1M | ||
| Q2 25 | $8.7B | $391.5M | ||
| Q1 25 | $8.7B | $387.4M | ||
| Q4 24 | $8.6B | $355.9M | ||
| Q3 24 | $7.6B | $366.9M | ||
| Q2 24 | $7.8B | — | ||
| Q1 24 | $7.4B | $348.5M |
负债/权益比MACSTRT
| 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 | $13.9M |
| 自由现金流经营现金流 - 资本支出 | — | $11.3M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 1.9% |
| 现金转化率经营现金流/净利润 | — | 2.81× |
| 过去12个月自由现金流最近4个季度 | — | $67.8M |
8季度趋势，按日历期对齐
经营现金流MACSTRT
| Q4 25 | $50.2M | $13.9M | ||
| Q3 25 | $112.4M | $11.3M | ||
| Q2 25 | $70.5M | $30.2M | ||
| Q1 25 | $88.5M | $20.7M | ||
| Q4 24 | $54.9M | $9.4M | ||
| Q3 24 | $100.0M | $11.3M | ||
| Q2 24 | $67.4M | — | ||
| Q1 24 | $61.1M | $-309.0K |
自由现金流MACSTRT
| Q4 25 | — | $11.3M | ||
| Q3 25 | — | $9.8M | ||
| Q2 25 | — | $27.2M | ||
| Q1 25 | — | $19.6M | ||
| Q4 24 | — | $8.5M | ||
| Q3 24 | — | $9.3M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-2.0M |
自由现金流率MACSTRT
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | 17.9% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | — | 6.7% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -1.4% |
资本支出强度MACSTRT
| Q4 25 | — | 1.9% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.2% |
现金转化率MACSTRT
| Q4 25 | — | 2.81× | ||
| Q3 25 | — | 1.33× | ||
| Q2 25 | — | 3.65× | ||
| Q1 25 | — | 3.84× | ||
| Q4 24 | — | 7.16× | ||
| Q3 24 | — | 3.06× | ||
| Q2 24 | 0.27× | — | ||
| Q1 24 | — | -0.21× |
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
STRT
| Door Handles And Exterior Trim | $35.0M | 25% |
| Power Access Solutions | $34.5M | 25% |
| Keys And Locksets | $26.8M | 19% |
| Latches | $16.3M | 12% |
| User Interface Controls | $12.5M | 9% |
| Aftermarket And Service | $9.4M | 7% |
| Other Product | $3.1M | 2% |
| Related Party | $1.3M | 1% |
