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MARCUS CORP（MCS）与NOODLES & Co（NDLS）财务数据对比。点击上方公司名可切换其他公司
MARCUS CORP的季度营收约是NOODLES & Co的1.6倍（$193.5M vs $122.1M），MARCUS CORP同比增速更快（2.8% vs -4.1%），MARCUS CORP自由现金流更多（$26.4M vs $-2.8M），过去两年MARCUS CORP的营收复合增速更高（18.2% vs -1.2%）
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。
Noodles & Company是源自美国的休闲快餐连锁品牌，主打融合多国风味及美式特色的面条菜品，同时也供应汤品和沙拉。品牌由亚伦·肯尼迪创立于1995年，总部位于科罗拉多州布鲁姆菲尔德，截至2022年年中，品牌已在美国31个州开出了458家门店。
MCS vs NDLS — 直观对比
营收规模更大
MCS
是对方的1.6倍
$122.1M
营收增速更快
MCS
高出6.9%
-4.1%
自由现金流更多
MCS
多$29.2M
$-2.8M
两年增速更快
MCS
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $193.5M | $122.1M |
| 净利润 | — | $-9.2M |
| 毛利率 | — | — |
| 营业利润率 | 0.9% | -5.2% |
| 净利率 | — | -7.5% |
| 营收同比 | 2.8% | -4.1% |
| 净利润同比 | — | 32.8% |
| 每股收益（稀释后） | — | $-0.20 |
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MCSNDLS
| Q4 25 | $193.5M | — | ||
| Q3 25 | $210.2M | $122.1M | ||
| Q2 25 | $206.0M | $123.8M | ||
| Q1 25 | $148.8M | — | ||
| Q4 24 | $188.3M | $122.8M | ||
| Q3 24 | $232.7M | $127.4M | ||
| Q2 24 | $176.0M | $121.4M | ||
| Q1 24 | $138.5M | $124.3M |
净利润MCSNDLS
| Q4 25 | — | — | ||
| Q3 25 | $16.2M | $-9.2M | ||
| Q2 25 | $7.3M | $-9.1M | ||
| Q1 25 | $-16.8M | — | ||
| Q4 24 | $986.0K | $-6.8M | ||
| Q3 24 | $23.3M | $-13.6M | ||
| Q2 24 | $-20.2M | $-6.1M | ||
| Q1 24 | $-11.9M | $-6.1M |
营业利润率MCSNDLS
| Q4 25 | 0.9% | — | ||
| Q3 25 | 10.8% | -5.2% | ||
| Q2 25 | 6.3% | -5.2% | ||
| Q1 25 | -13.7% | — | ||
| Q4 24 | -1.2% | -3.9% | ||
| Q3 24 | 14.1% | -9.0% | ||
| Q2 24 | 1.3% | -3.4% | ||
| Q1 24 | -12.0% | -3.7% |
净利率MCSNDLS
| Q4 25 | — | — | ||
| Q3 25 | 7.7% | -7.5% | ||
| Q2 25 | 3.6% | -7.3% | ||
| Q1 25 | -11.3% | — | ||
| Q4 24 | 0.5% | -5.5% | ||
| Q3 24 | 10.0% | -10.7% | ||
| Q2 24 | -11.5% | -5.1% | ||
| Q1 24 | -8.6% | -4.9% |
每股收益（稀释后）MCSNDLS
| Q4 25 | — | — | ||
| Q3 25 | — | $-0.20 | ||
| Q2 25 | — | $-0.20 | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-0.15 | ||
| Q3 24 | — | $-0.30 | ||
| Q2 24 | — | $-0.14 | ||
| Q1 24 | — | $-1.64 |
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 | $23.4M | $4.7M |
| 总债务越低越好 | $159.0M | — |
| 股东权益账面价值 | $457.4M | $-38.9M |
| 总资产 | $1.0B | $280.6M |
| 负债/权益比越低杠杆越低 | 0.35× | — |
8季度趋势，按日历期对齐
现金及短期投资MCSNDLS
| Q4 25 | $23.4M | — | ||
| Q3 25 | $7.4M | $4.7M | ||
| Q2 25 | $14.9M | $1.4M | ||
| Q1 25 | $11.9M | — | ||
| Q4 24 | $40.8M | $3.3M | ||
| Q3 24 | $28.4M | $1.8M | ||
| Q2 24 | $32.8M | $1.3M | ||
| Q1 24 | $17.3M | $3.0M |
总债务MCSNDLS
| Q4 25 | $159.0M | — | ||
| Q3 25 | $162.0M | — | ||
| Q2 25 | $179.9M | — | ||
| Q1 25 | $198.9M | — | ||
| Q4 24 | $159.1M | — | ||
| Q3 24 | $173.1M | — | ||
| Q2 24 | $175.7M | — | ||
| Q1 24 | $169.8M | — |
股东权益MCSNDLS
| Q4 25 | $457.4M | — | ||
| Q3 25 | $454.3M | $-38.9M | ||
| Q2 25 | $448.4M | $-13.9M | ||
| Q1 25 | $441.8M | — | ||
| Q4 24 | $464.9M | $3.7M | ||
| Q3 24 | $462.3M | $9.6M | ||
| Q2 24 | $449.4M | $21.9M | ||
| Q1 24 | $459.3M | $27.2M |
总资产MCSNDLS
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.0B | $280.6M | ||
| Q2 25 | $1.0B | $319.4M | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | $340.5M | ||
| Q3 24 | $1.0B | $346.3M | ||
| Q2 24 | $1.1B | $360.4M | ||
| Q1 24 | $1.0B | $368.1M |
负债/权益比MCSNDLS
| Q4 25 | 0.35× | — | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 0.34× | — | ||
| Q3 24 | 0.37× | — | ||
| Q2 24 | 0.39× | — | ||
| Q1 24 | 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 | $48.8M | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $26.4M | $-2.8M |
| 自由现金流率自由现金流/营收 | 13.6% | -2.3% |
| 资本支出强度资本支出/营收 | 11.6% | 5.8% |
| 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 | $989.0K | $-7.5M |
8季度趋势，按日历期对齐
经营现金流MCSNDLS
| Q4 25 | $48.8M | — | ||
| Q3 25 | $39.1M | $4.3M | ||
| Q2 25 | $31.6M | $4.0M | ||
| Q1 25 | $-35.3M | — | ||
| Q4 24 | $52.6M | $5.8M | ||
| Q3 24 | $30.5M | $4.7M | ||
| Q2 24 | $36.0M | $7.0M | ||
| Q1 24 | $-15.1M | $164.0K |
自由现金流MCSNDLS
| Q4 25 | $26.4M | — | ||
| Q3 25 | $18.2M | $-2.8M | ||
| Q2 25 | $14.7M | $1.1M | ||
| Q1 25 | $-58.3M | — | ||
| Q4 24 | $27.1M | $-1.3M | ||
| Q3 24 | $12.0M | $-4.5M | ||
| Q2 24 | $16.1M | $-1.6M | ||
| Q1 24 | $-30.5M | $-15.2M |
自由现金流率MCSNDLS
| Q4 25 | 13.6% | — | ||
| Q3 25 | 8.7% | -2.3% | ||
| Q2 25 | 7.1% | 0.9% | ||
| Q1 25 | -39.2% | — | ||
| Q4 24 | 14.4% | -1.1% | ||
| Q3 24 | 5.2% | -3.5% | ||
| Q2 24 | 9.2% | -1.4% | ||
| Q1 24 | -22.0% | -12.2% |
资本支出强度MCSNDLS
| Q4 25 | 11.6% | — | ||
| Q3 25 | 9.9% | 5.8% | ||
| Q2 25 | 8.2% | 2.4% | ||
| Q1 25 | 15.5% | — | ||
| Q4 24 | 13.5% | 5.8% | ||
| Q3 24 | 7.9% | 7.2% | ||
| Q2 24 | 11.3% | 7.1% | ||
| Q1 24 | 11.1% | 12.3% |
现金转化率MCSNDLS
| Q4 25 | — | — | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | 4.32× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 53.31× | — | ||
| Q3 24 | 1.31× | — | ||
| 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
MCS
| Theatres | $123.1M | 64% |
| Concessions | $51.0M | 26% |
| Food And Beverage | $21.2M | 11% |
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
