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迈心诺（MASI）与MARCUS CORP（MCS）财务数据对比。点击上方公司名可切换其他公司
迈心诺的季度营收约是MARCUS CORP的1.9倍（$371.5M vs $193.5M），MARCUS CORP同比增速更快（2.8% vs -26.4%），迈心诺自由现金流更多（$50.9M vs $26.4M），过去两年MARCUS CORP的营收复合增速更高（18.2% vs -17.7%）
迈心诺（Masimo Corporation）是总部位于美国加利福尼亚州尔湾的健康科技及消费电子企业，核心产品包括面向医院及家用场景的患者监护设备、无创传感器及配套软件平台，同时也布局了消费级音频和可穿戴设备赛道。
马库斯公司是一家美国企业，主营商业地产领域相关服务，业务覆盖美国与加拿大，提供商业地产经纪、按揭经纪、行业研究以及咨询服务，首创了由单一经纪公司独家代理房源挂牌的行业模式，目前在美加两国设有超过80家办公室，拥有员工超1800名。
MASI vs MCS — 直观对比
营收规模更大
MASI
是对方的1.9倍
$193.5M
营收增速更快
MCS
高出29.1%
-26.4%
自由现金流更多
MASI
多$24.5M
$26.4M
两年增速更快
MCS
近两年复合增速
-17.7%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $371.5M | $193.5M |
| 净利润 | $-100.4M | — |
| 毛利率 | 62.1% | — |
| 营业利润率 | 22.5% | 0.9% |
| 净利率 | -27.0% | — |
| 营收同比 | -26.4% | 2.8% |
| 净利润同比 | -1124.5% | — |
| 每股收益（稀释后） | $-1.84 | — |
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MASIMCS
| Q4 25 | — | $193.5M | ||
| Q3 25 | $371.5M | $210.2M | ||
| Q2 25 | $370.9M | $206.0M | ||
| Q1 25 | $372.0M | $148.8M | ||
| Q4 24 | $600.7M | $188.3M | ||
| Q3 24 | $504.6M | $232.7M | ||
| Q2 24 | $496.3M | $176.0M | ||
| Q1 24 | $492.8M | $138.5M |
净利润MASIMCS
| Q4 25 | — | — | ||
| Q3 25 | $-100.4M | $16.2M | ||
| Q2 25 | $51.3M | $7.3M | ||
| Q1 25 | $-170.7M | $-16.8M | ||
| Q4 24 | $-349.6M | $986.0K | ||
| Q3 24 | $9.8M | $23.3M | ||
| Q2 24 | $16.0M | $-20.2M | ||
| Q1 24 | $18.9M | $-11.9M |
毛利率MASIMCS
| Q4 25 | — | — | ||
| Q3 25 | 62.1% | — | ||
| Q2 25 | 62.9% | — | ||
| Q1 25 | 62.9% | — | ||
| Q4 24 | 40.7% | — | ||
| Q3 24 | 52.2% | — | ||
| Q2 24 | 51.3% | — | ||
| Q1 24 | 49.0% | — |
营业利润率MASIMCS
| Q4 25 | — | 0.9% | ||
| Q3 25 | 22.5% | 10.8% | ||
| Q2 25 | 17.4% | 6.3% | ||
| Q1 25 | 21.0% | -13.7% | ||
| Q4 24 | -59.8% | -1.2% | ||
| Q3 24 | 6.0% | 14.1% | ||
| Q2 24 | 5.7% | 1.3% | ||
| Q1 24 | 6.9% | -12.0% |
净利率MASIMCS
| Q4 25 | — | — | ||
| Q3 25 | -27.0% | 7.7% | ||
| Q2 25 | 13.8% | 3.6% | ||
| Q1 25 | -45.9% | -11.3% | ||
| Q4 24 | -58.2% | 0.5% | ||
| Q3 24 | 1.9% | 10.0% | ||
| Q2 24 | 3.2% | -11.5% | ||
| Q1 24 | 3.8% | -8.6% |
每股收益（稀释后）MASIMCS
| Q4 25 | — | — | ||
| Q3 25 | $-1.84 | — | ||
| Q2 25 | $0.94 | — | ||
| Q1 25 | $-3.12 | — | ||
| Q4 24 | $-6.54 | — | ||
| Q3 24 | $0.18 | — | ||
| Q2 24 | $0.29 | — | ||
| Q1 24 | $0.35 | — |
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 | $312.3M | $23.4M |
| 总债务越低越好 | $559.1M | $159.0M |
| 股东权益账面价值 | $810.0M | $457.4M |
| 总资产 | $1.8B | $1.0B |
| 负债/权益比越低杠杆越低 | 0.69× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资MASIMCS
| Q4 25 | — | $23.4M | ||
| Q3 25 | $312.3M | $7.4M | ||
| Q2 25 | $149.6M | $14.9M | ||
| Q1 25 | $130.8M | $11.9M | ||
| Q4 24 | $177.6M | $40.8M | ||
| Q3 24 | $158.5M | $28.4M | ||
| Q2 24 | $129.6M | $32.8M | ||
| Q1 24 | $157.6M | $17.3M |
总债务MASIMCS
| Q4 25 | — | $159.0M | ||
| Q3 25 | $559.1M | $162.0M | ||
| Q2 25 | $613.7M | $179.9M | ||
| Q1 25 | $651.0M | $198.9M | ||
| Q4 24 | $765.2M | $159.1M | ||
| Q3 24 | $772.6M | $173.1M | ||
| Q2 24 | $781.6M | $175.7M | ||
| Q1 24 | $876.0M | $169.8M |
股东权益MASIMCS
| Q4 25 | — | $457.4M | ||
| Q3 25 | $810.0M | $454.3M | ||
| Q2 25 | $1.0B | $448.4M | ||
| Q1 25 | $946.4M | $441.8M | ||
| Q4 24 | $1.1B | $464.9M | ||
| Q3 24 | $1.5B | $462.3M | ||
| Q2 24 | $1.4B | $449.4M | ||
| Q1 24 | $1.4B | $459.3M |
总资产MASIMCS
| Q4 25 | — | $1.0B | ||
| Q3 25 | $1.8B | $1.0B | ||
| Q2 25 | $2.4B | $1.0B | ||
| Q1 25 | $2.3B | $1.0B | ||
| Q4 24 | $2.6B | $1.0B | ||
| Q3 24 | $3.1B | $1.0B | ||
| Q2 24 | $2.9B | $1.1B | ||
| Q1 24 | $3.0B | $1.0B |
负债/权益比MASIMCS
| Q4 25 | — | 0.35× | ||
| Q3 25 | 0.69× | 0.36× | ||
| Q2 25 | 0.59× | 0.40× | ||
| Q1 25 | 0.69× | 0.45× | ||
| Q4 24 | 0.73× | 0.34× | ||
| Q3 24 | 0.53× | 0.37× | ||
| Q2 24 | 0.57× | 0.39× | ||
| Q1 24 | 0.64× | 0.37× |
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 | $56.8M | $48.8M |
| 自由现金流经营现金流 - 资本支出 | $50.9M | $26.4M |
| 自由现金流率自由现金流/营收 | 13.7% | 13.6% |
| 资本支出强度资本支出/营收 | 1.6% | 11.6% |
| 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 | $191.0M | $989.0K |
8季度趋势，按日历期对齐
经营现金流MASIMCS
| Q4 25 | — | $48.8M | ||
| Q3 25 | $56.8M | $39.1M | ||
| Q2 25 | $69.4M | $31.6M | ||
| Q1 25 | $31.1M | $-35.3M | ||
| Q4 24 | $50.5M | $52.6M | ||
| Q3 24 | $25.6M | $30.5M | ||
| Q2 24 | $74.5M | $36.0M | ||
| Q1 24 | $45.8M | $-15.1M |
自由现金流MASIMCS
| Q4 25 | — | $26.4M | ||
| Q3 25 | $50.9M | $18.2M | ||
| Q2 25 | $65.6M | $14.7M | ||
| Q1 25 | $28.5M | $-58.3M | ||
| Q4 24 | $46.0M | $27.1M | ||
| Q3 24 | $16.9M | $12.0M | ||
| Q2 24 | $66.9M | $16.1M | ||
| Q1 24 | $37.6M | $-30.5M |
自由现金流率MASIMCS
| Q4 25 | — | 13.6% | ||
| Q3 25 | 13.7% | 8.7% | ||
| Q2 25 | 17.7% | 7.1% | ||
| Q1 25 | 7.7% | -39.2% | ||
| Q4 24 | 7.7% | 14.4% | ||
| Q3 24 | 3.3% | 5.2% | ||
| Q2 24 | 13.5% | 9.2% | ||
| Q1 24 | 7.6% | -22.0% |
资本支出强度MASIMCS
| Q4 25 | — | 11.6% | ||
| Q3 25 | 1.6% | 9.9% | ||
| Q2 25 | 1.0% | 8.2% | ||
| Q1 25 | 0.7% | 15.5% | ||
| Q4 24 | 0.7% | 13.5% | ||
| Q3 24 | 1.7% | 7.9% | ||
| Q2 24 | 1.5% | 11.3% | ||
| Q1 24 | 1.7% | 11.1% |
现金转化率MASIMCS
| Q4 25 | — | — | ||
| Q3 25 | — | 2.41× | ||
| Q2 25 | 1.35× | 4.32× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 53.31× | ||
| Q3 24 | 2.61× | 1.31× | ||
| Q2 24 | 4.66× | — | ||
| Q1 24 | 2.42× | — |
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
MASI
暂无分部数据
MCS
| Theatres | $123.1M | 64% |
| Concessions | $51.0M | 26% |
| Food And Beverage | $21.2M | 11% |
