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MARCUS CORP（MCS）与PROCORE TECHNOLOGIES, INC.（PCOR）财务数据对比。点击上方公司名可切换其他公司
PROCORE TECHNOLOGIES, INC.的季度营收约是MARCUS CORP的1.8倍（$349.1M vs $193.5M），PROCORE TECHNOLOGIES, INC.同比增速更快（15.6% vs 2.8%），PROCORE TECHNOLOGIES, INC.自由现金流更多（$109.2M vs $26.4M），过去两年MARCUS CORP的营收复合增速更高（18.2% vs 13.8%）
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。
Procore Technologies是2002年成立的美国建筑管理软件即服务（SaaS）企业，总部位于加利福尼亚州卡平特里亚。公司打造的全球平台可连接建筑行业从业者，支持搭建简化工作流，统一展现建筑项目信息，覆盖任务追踪、项目流程管理、日程排期等核心功能。
MCS vs PCOR — 直观对比
营收规模更大
PCOR
是对方的1.8倍
$193.5M
营收增速更快
PCOR
高出12.8%
2.8%
自由现金流更多
PCOR
多$82.8M
$26.4M
两年增速更快
MCS
近两年复合增速
13.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $193.5M | $349.1M |
| 净利润 | — | $-37.6M |
| 毛利率 | — | 80.1% |
| 营业利润率 | 0.9% | -12.3% |
| 净利率 | — | -10.8% |
| 营收同比 | 2.8% | 15.6% |
| 净利润同比 | — | 39.6% |
| 每股收益（稀释后） | — | $-0.25 |
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MCSPCOR
| Q4 25 | $193.5M | $349.1M | ||
| Q3 25 | $210.2M | $338.9M | ||
| Q2 25 | $206.0M | $323.9M | ||
| Q1 25 | $148.8M | $310.6M | ||
| Q4 24 | $188.3M | $302.0M | ||
| Q3 24 | $232.7M | $295.9M | ||
| Q2 24 | $176.0M | $284.3M | ||
| Q1 24 | $138.5M | $269.4M |
净利润MCSPCOR
| Q4 25 | — | $-37.6M | ||
| Q3 25 | $16.2M | $-9.1M | ||
| Q2 25 | $7.3M | $-21.1M | ||
| Q1 25 | $-16.8M | $-33.0M | ||
| Q4 24 | $986.0K | $-62.3M | ||
| Q3 24 | $23.3M | $-26.4M | ||
| Q2 24 | $-20.2M | $-6.3M | ||
| Q1 24 | $-11.9M | $-11.0M |
毛利率MCSPCOR
| Q4 25 | — | 80.1% | ||
| Q3 25 | — | 79.7% | ||
| Q2 25 | — | 79.1% | ||
| Q1 25 | — | 79.1% | ||
| Q4 24 | — | 81.2% | ||
| Q3 24 | — | 81.4% | ||
| Q2 24 | — | 83.1% | ||
| Q1 24 | — | 83.0% |
营业利润率MCSPCOR
| Q4 25 | 0.9% | -12.3% | ||
| Q3 25 | 10.8% | -4.4% | ||
| Q2 25 | 6.3% | -9.3% | ||
| Q1 25 | -13.7% | -11.7% | ||
| Q4 24 | -1.2% | -21.9% | ||
| Q3 24 | 14.1% | -12.3% | ||
| Q2 24 | 1.3% | -5.2% | ||
| Q1 24 | -12.0% | -7.0% |
净利率MCSPCOR
| Q4 25 | — | -10.8% | ||
| Q3 25 | 7.7% | -2.7% | ||
| Q2 25 | 3.6% | -6.5% | ||
| Q1 25 | -11.3% | -10.6% | ||
| Q4 24 | 0.5% | -20.6% | ||
| Q3 24 | 10.0% | -8.9% | ||
| Q2 24 | -11.5% | -2.2% | ||
| Q1 24 | -8.6% | -4.1% |
每股收益（稀释后）MCSPCOR
| Q4 25 | — | $-0.25 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | — | $-0.14 | ||
| Q1 25 | — | $-0.22 | ||
| Q4 24 | — | $-0.42 | ||
| Q3 24 | — | $-0.18 | ||
| Q2 24 | — | $-0.04 | ||
| Q1 24 | — | $-0.08 |
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 | $768.5M |
| 总债务越低越好 | $159.0M | — |
| 股东权益账面价值 | $457.4M | $1.3B |
| 总资产 | $1.0B | $2.2B |
| 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MCSPCOR
| Q4 25 | $23.4M | $768.5M | ||
| Q3 25 | $7.4M | $684.0M | ||
| Q2 25 | $14.9M | $620.9M | ||
| Q1 25 | $11.9M | $566.7M | ||
| Q4 24 | $40.8M | $775.4M | ||
| Q3 24 | $28.4M | $756.9M | ||
| Q2 24 | $32.8M | $735.4M | ||
| Q1 24 | $17.3M | $744.6M |
总债务MCSPCOR
| 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MCSPCOR
| Q4 25 | $457.4M | $1.3B | ||
| Q3 25 | $454.3M | $1.2B | ||
| Q2 25 | $448.4M | $1.2B | ||
| Q1 25 | $441.8M | $1.2B | ||
| Q4 24 | $464.9M | $1.3B | ||
| Q3 24 | $462.3M | $1.3B | ||
| Q2 24 | $449.4M | $1.3B | ||
| Q1 24 | $459.3M | $1.2B |
总资产MCSPCOR
| Q4 25 | $1.0B | $2.2B | ||
| Q3 25 | $1.0B | $2.1B | ||
| Q2 25 | $1.0B | $2.0B | ||
| Q1 25 | $1.0B | $1.9B | ||
| Q4 24 | $1.0B | $2.1B | ||
| Q3 24 | $1.0B | $2.0B | ||
| Q2 24 | $1.1B | $2.0B | ||
| Q1 24 | $1.0B | $1.9B |
负债/权益比MCSPCOR
| 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 | $114.9M |
| 自由现金流经营现金流 - 资本支出 | $26.4M | $109.2M |
| 自由现金流率自由现金流/营收 | 13.6% | 31.3% |
| 资本支出强度资本支出/营收 | 11.6% | 1.6% |
| 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 | $989.0K | $282.2M |
8季度趋势，按日历期对齐
经营现金流MCSPCOR
| Q4 25 | $48.8M | $114.9M | ||
| Q3 25 | $39.1M | $88.5M | ||
| Q2 25 | $31.6M | $30.8M | ||
| Q1 25 | $-35.3M | $66.0M | ||
| Q4 24 | $52.6M | $29.1M | ||
| Q3 24 | $30.5M | $39.3M | ||
| Q2 24 | $36.0M | $58.7M | ||
| Q1 24 | $-15.1M | $69.1M |
自由现金流MCSPCOR
| Q4 25 | $26.4M | $109.2M | ||
| Q3 25 | $18.2M | $83.1M | ||
| Q2 25 | $14.7M | $27.9M | ||
| Q1 25 | $-58.3M | $62.0M | ||
| Q4 24 | $27.1M | $17.4M | ||
| Q3 24 | $12.0M | $35.7M | ||
| Q2 24 | $16.1M | $56.8M | ||
| Q1 24 | $-30.5M | $67.1M |
自由现金流率MCSPCOR
| Q4 25 | 13.6% | 31.3% | ||
| Q3 25 | 8.7% | 24.5% | ||
| Q2 25 | 7.1% | 8.6% | ||
| Q1 25 | -39.2% | 20.0% | ||
| Q4 24 | 14.4% | 5.8% | ||
| Q3 24 | 5.2% | 12.1% | ||
| Q2 24 | 9.2% | 20.0% | ||
| Q1 24 | -22.0% | 24.9% |
资本支出强度MCSPCOR
| Q4 25 | 11.6% | 1.6% | ||
| Q3 25 | 9.9% | 1.6% | ||
| Q2 25 | 8.2% | 0.9% | ||
| Q1 25 | 15.5% | 1.3% | ||
| Q4 24 | 13.5% | 3.9% | ||
| Q3 24 | 7.9% | 1.2% | ||
| Q2 24 | 11.3% | 0.7% | ||
| Q1 24 | 11.1% | 0.8% |
现金转化率MCSPCOR
| 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% |
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
