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MALIBU BOATS, INC.（MBUU）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
MALIBU BOATS, INC.的季度营收约是BRC Group Holdings, Inc.的1.0倍（$188.6M vs $188.3M），BRC Group Holdings, Inc.净利率更高（47.9% vs -1.3%，领先49.3%），MALIBU BOATS, INC.同比增速更快（-5.8% vs -21.9%），过去两年MALIBU BOATS, INC.的营收复合增速更高（-3.7% vs -15.4%）
马里布游艇是美国休闲游艇制造商，1982年创立于加利福尼亚州默塞德，现总部位于田纳西州洛登，在澳大利亚新南威尔士州也设有生产基地。它是全球最大的水上运动拖船制造商，产品可供休闲使用，也应用于滑水、尾波滑板等各类赛事活动。
MBUU vs RILY — 直观对比
营收规模更大
MBUU
是对方的1.0倍
$188.3M
营收增速更快
MBUU
高出16.0%
-21.9%
净利率更高
RILY
高出49.3%
-1.3%
两年增速更快
MBUU
近两年复合增速
-15.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $188.6M | $188.3M |
| 净利润 | $-2.5M | $90.3M |
| 毛利率 | 13.3% | 79.5% |
| 营业利润率 | -1.9% | 32.3% |
| 净利率 | -1.3% | 47.9% |
| 营收同比 | -5.8% | -21.9% |
| 净利润同比 | -204.2% | 1710.8% |
| 每股收益（稀释后） | $-0.13 | $2.78 |
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MBUURILY
| Q4 25 | $188.6M | $188.3M | ||
| Q3 25 | $194.7M | $215.3M | ||
| Q2 25 | $207.0M | $188.2M | ||
| Q1 25 | $228.7M | $197.2M | ||
| Q4 24 | $200.3M | $241.0M | ||
| Q3 24 | $171.6M | $225.5M | ||
| Q2 24 | $158.7M | $256.0M | ||
| Q1 24 | $203.4M | $263.4M |
净利润MBUURILY
| Q4 25 | $-2.5M | $90.3M | ||
| Q3 25 | $-702.0K | $91.1M | ||
| Q2 25 | $4.7M | $139.5M | ||
| Q1 25 | $12.9M | $-10.0M | ||
| Q4 24 | $2.4M | $-5.6M | ||
| Q3 24 | $-5.0M | $-284.4M | ||
| Q2 24 | $-19.2M | $-433.6M | ||
| Q1 24 | $-66.8M | $-49.2M |
毛利率MBUURILY
| Q4 25 | 13.3% | 79.5% | ||
| Q3 25 | 14.3% | 83.7% | ||
| Q2 25 | 15.8% | 81.3% | ||
| Q1 25 | 20.0% | 81.4% | ||
| Q4 24 | 18.7% | 79.8% | ||
| Q3 24 | 16.4% | 82.1% | ||
| Q2 24 | 7.9% | 84.5% | ||
| Q1 24 | 19.8% | 85.3% |
营业利润率MBUURILY
| Q4 25 | -1.9% | 32.3% | ||
| Q3 25 | -0.4% | 30.4% | ||
| Q2 25 | 3.3% | 5.7% | ||
| Q1 25 | 7.6% | -31.2% | ||
| Q4 24 | 1.6% | -69.2% | ||
| Q3 24 | -3.3% | -36.4% | ||
| Q2 24 | -15.4% | -90.8% | ||
| Q1 24 | -36.8% | -6.1% |
净利率MBUURILY
| Q4 25 | -1.3% | 47.9% | ||
| Q3 25 | -0.4% | 42.3% | ||
| Q2 25 | 2.3% | 74.1% | ||
| Q1 25 | 5.6% | -5.1% | ||
| Q4 24 | 1.2% | -2.3% | ||
| Q3 24 | -2.9% | -126.1% | ||
| Q2 24 | -12.1% | -169.4% | ||
| Q1 24 | -32.9% | -18.7% |
每股收益（稀释后）MBUURILY
| Q4 25 | $-0.13 | $2.78 | ||
| Q3 25 | $-0.04 | $2.91 | ||
| Q2 25 | $0.23 | $4.50 | ||
| Q1 25 | $0.66 | $-0.39 | ||
| Q4 24 | $0.12 | $-0.01 | ||
| Q3 24 | $-0.25 | $-9.39 | ||
| Q2 24 | $-0.93 | $-14.35 | ||
| Q1 24 | $-3.28 | $-1.71 |
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 | $28.2M | $226.6M |
| 总债务越低越好 | $20.0M | $1.4B |
| 股东权益账面价值 | $495.0M | $-171.5M |
| 总资产 | $715.7M | $1.7B |
| 负债/权益比越低杠杆越低 | 0.04× | — |
8季度趋势，按日历期对齐
现金及短期投资MBUURILY
| Q4 25 | $28.2M | $226.6M | ||
| Q3 25 | $44.1M | $184.2M | ||
| Q2 25 | $37.0M | $267.4M | ||
| Q1 25 | $38.7M | $138.3M | ||
| Q4 24 | $35.1M | $146.9M | ||
| Q3 24 | $27.7M | $159.2M | ||
| Q2 24 | $26.9M | $236.9M | ||
| Q1 24 | $47.1M | $190.7M |
总债务MBUURILY
| Q4 25 | $20.0M | $1.4B | ||
| Q3 25 | $23.0M | $1.3B | ||
| Q2 25 | $18.0M | $1.3B | ||
| Q1 25 | $28.0M | $1.4B | ||
| Q4 24 | $23.0M | $1.5B | ||
| Q3 24 | $28.0M | — | ||
| Q2 24 | $0 | — | ||
| Q1 24 | $15.0M | — |
股东权益MBUURILY
| Q4 25 | $495.0M | $-171.5M | ||
| Q3 25 | $516.4M | $-260.5M | ||
| Q2 25 | $515.5M | $-351.7M | ||
| Q1 25 | $513.0M | $-496.8M | ||
| Q4 24 | $509.8M | $-488.2M | ||
| Q3 24 | $517.7M | $-497.6M | ||
| Q2 24 | $530.0M | $-218.3M | ||
| Q1 24 | $557.2M | $228.4M |
总资产MBUURILY
| Q4 25 | $715.7M | $1.7B | ||
| Q3 25 | $755.6M | $1.7B | ||
| Q2 25 | $734.6M | $1.5B | ||
| Q1 25 | $758.8M | $1.5B | ||
| Q4 24 | $738.7M | $1.8B | ||
| Q3 24 | $759.1M | $2.2B | ||
| Q2 24 | $739.6M | $3.2B | ||
| Q1 24 | $797.6M | $5.0B |
负债/权益比MBUURILY
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.05× | — | ||
| Q4 24 | 0.05× | — | ||
| Q3 24 | 0.05× | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | 0.03× | — |
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 | $12.6M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $8.2M | — |
| 自由现金流率自由现金流/营收 | 4.4% | — |
| 资本支出强度资本支出/营收 | 2.3% | — |
| 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 | $33.3M | — |
8季度趋势，按日历期对齐
经营现金流MBUURILY
| Q4 25 | $12.6M | $26.2M | ||
| Q3 25 | $6.5M | $-60.6M | ||
| Q2 25 | $21.0M | $-25.6M | ||
| Q1 25 | $15.5M | $184.0K | ||
| Q4 24 | $28.4M | $-2.7M | ||
| Q3 24 | $-8.4M | $19.5M | ||
| Q2 24 | $16.3M | $111.5M | ||
| Q1 24 | $23.5M | $135.4M |
自由现金流MBUURILY
| Q4 25 | $8.2M | — | ||
| Q3 25 | $2.2M | — | ||
| Q2 25 | $14.1M | — | ||
| Q1 25 | $8.8M | — | ||
| Q4 24 | $22.8M | — | ||
| Q3 24 | $-17.0M | — | ||
| Q2 24 | $4.5M | — | ||
| Q1 24 | $11.5M | — |
自由现金流率MBUURILY
| Q4 25 | 4.4% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 6.8% | — | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | -9.9% | — | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | 5.7% | — |
资本支出强度MBUURILY
| Q4 25 | 2.3% | — | ||
| Q3 25 | 2.2% | — | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | 5.0% | — | ||
| Q2 24 | 7.5% | — | ||
| Q1 24 | 5.9% | — |
现金转化率MBUURILY
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | 4.50× | -0.18× | ||
| Q1 25 | 1.20× | — | ||
| Q4 24 | 12.02× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
MBUU
| Boatand Trailer Sales | $68.1M | 36% |
| Saltwater Fishing | $65.3M | 35% |
| Cobalt | $52.6M | 28% |
| Part And Other Sales | $2.6M | 1% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
