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MARCUS CORP（MCS）与福尼克斯（PLAB）财务数据对比。点击上方公司名可切换其他公司
福尼克斯的季度营收约是MARCUS CORP的1.1倍（$210.4M vs $193.5M），MARCUS CORP同比增速更快（2.8% vs -5.5%），MARCUS CORP自由现金流更多（$26.4M vs $25.2M），过去两年MARCUS CORP的营收复合增速更高（18.2% vs -3.8%）
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。
福尼克斯是美国半导体光掩模制造商，2009年时位居全球第三大光掩模供应商，同时也是电子束产业倡议组织的成员，专注于为半导体行业提供关键的掩模产品，支撑芯片制造环节的图形转移需求。
MCS vs PLAB — 直观对比
营收规模更大
PLAB
是对方的1.1倍
$193.5M
营收增速更快
MCS
高出8.2%
-5.5%
自由现金流更多
MCS
多$1.2M
$25.2M
两年增速更快
MCS
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $193.5M | $210.4M |
| 净利润 | — | $22.9M |
| 毛利率 | — | 33.7% |
| 营业利润率 | 0.9% | 22.9% |
| 净利率 | — | 10.9% |
| 营收同比 | 2.8% | -5.5% |
| 净利润同比 | — | -32.4% |
| 每股收益（稀释后） | — | $0.39 |
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MCSPLAB
| Q4 25 | $193.5M | — | ||
| Q3 25 | $210.2M | $210.4M | ||
| Q2 25 | $206.0M | $211.0M | ||
| Q1 25 | $148.8M | $212.1M | ||
| Q4 24 | $188.3M | $222.6M | ||
| Q3 24 | $232.7M | $211.0M | ||
| Q2 24 | $176.0M | $217.0M | ||
| Q1 24 | $138.5M | $216.3M |
净利润MCSPLAB
| Q4 25 | — | — | ||
| Q3 25 | $16.2M | $22.9M | ||
| Q2 25 | $7.3M | $8.9M | ||
| Q1 25 | $-16.8M | $42.9M | ||
| Q4 24 | $986.0K | $33.9M | ||
| Q3 24 | $23.3M | $34.4M | ||
| Q2 24 | $-20.2M | $36.3M | ||
| Q1 24 | $-11.9M | $26.2M |
毛利率MCSPLAB
| Q4 25 | — | — | ||
| Q3 25 | — | 33.7% | ||
| Q2 25 | — | 36.9% | ||
| Q1 25 | — | 35.6% | ||
| Q4 24 | — | 37.0% | ||
| Q3 24 | — | 35.6% | ||
| Q2 24 | — | 36.5% | ||
| Q1 24 | — | 36.6% |
营业利润率MCSPLAB
| Q4 25 | 0.9% | — | ||
| Q3 25 | 10.8% | 22.9% | ||
| Q2 25 | 6.3% | 26.4% | ||
| Q1 25 | -13.7% | 24.6% | ||
| Q4 24 | -1.2% | 25.1% | ||
| Q3 24 | 14.1% | 24.7% | ||
| Q2 24 | 1.3% | 25.8% | ||
| Q1 24 | -12.0% | 26.6% |
净利率MCSPLAB
| Q4 25 | — | — | ||
| Q3 25 | 7.7% | 10.9% | ||
| Q2 25 | 3.6% | 4.2% | ||
| Q1 25 | -11.3% | 20.2% | ||
| Q4 24 | 0.5% | 15.2% | ||
| Q3 24 | 10.0% | 16.3% | ||
| Q2 24 | -11.5% | 16.7% | ||
| Q1 24 | -8.6% | 12.1% |
每股收益（稀释后）MCSPLAB
| Q4 25 | — | — | ||
| Q3 25 | — | $0.39 | ||
| Q2 25 | — | $0.15 | ||
| Q1 25 | — | $0.68 | ||
| Q4 24 | — | $0.54 | ||
| Q3 24 | — | $0.55 | ||
| Q2 24 | — | $0.58 | ||
| Q1 24 | — | $0.42 |
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 | $575.8M |
| 总债务越低越好 | $159.0M | $16.0K |
| 股东权益账面价值 | $457.4M | $1.1B |
| 总资产 | $1.0B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.35× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资MCSPLAB
| Q4 25 | $23.4M | — | ||
| Q3 25 | $7.4M | $575.8M | ||
| Q2 25 | $14.9M | $558.4M | ||
| Q1 25 | $11.9M | $642.2M | ||
| Q4 24 | $40.8M | $640.7M | ||
| Q3 24 | $28.4M | $606.4M | ||
| Q2 24 | $32.8M | $559.9M | ||
| Q1 24 | $17.3M | $521.5M |
总债务MCSPLAB
| Q4 25 | $159.0M | — | ||
| Q3 25 | $162.0M | $16.0K | ||
| Q2 25 | $179.9M | $19.0K | ||
| Q1 25 | $198.9M | $21.0K | ||
| Q4 24 | $159.1M | $25.0K | ||
| Q3 24 | $173.1M | $28.0K | ||
| Q2 24 | $175.7M | $2.5M | ||
| Q1 24 | $169.8M | $2.7M |
股东权益MCSPLAB
| Q4 25 | $457.4M | — | ||
| Q3 25 | $454.3M | $1.1B | ||
| Q2 25 | $448.4M | $1.1B | ||
| Q1 25 | $441.8M | $1.1B | ||
| Q4 24 | $464.9M | $1.1B | ||
| Q3 24 | $462.3M | $1.1B | ||
| Q2 24 | $449.4M | $1.0B | ||
| Q1 24 | $459.3M | $1.0B |
总资产MCSPLAB
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.0B | $1.8B | ||
| Q2 25 | $1.0B | $1.7B | ||
| Q1 25 | $1.0B | $1.7B | ||
| Q4 24 | $1.0B | $1.7B | ||
| Q3 24 | $1.0B | $1.6B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $1.0B | $1.6B |
负债/权益比MCSPLAB
| Q4 25 | 0.35× | — | ||
| Q3 25 | 0.36× | 0.00× | ||
| Q2 25 | 0.40× | 0.00× | ||
| Q1 25 | 0.45× | 0.00× | ||
| Q4 24 | 0.34× | 0.00× | ||
| Q3 24 | 0.37× | 0.00× | ||
| Q2 24 | 0.39× | 0.00× | ||
| Q1 24 | 0.37× | 0.00× |
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 | $50.1M |
| 自由现金流经营现金流 - 资本支出 | $26.4M | $25.2M |
| 自由现金流率自由现金流/营收 | 13.6% | 12.0% |
| 资本支出强度资本支出/营收 | 11.6% | 11.8% |
| 现金转化率经营现金流/净利润 | — | 2.19× |
| 过去12个月自由现金流最近4个季度 | $989.0K | $64.5M |
8季度趋势，按日历期对齐
经营现金流MCSPLAB
| Q4 25 | $48.8M | — | ||
| Q3 25 | $39.1M | $50.1M | ||
| Q2 25 | $31.6M | $31.5M | ||
| Q1 25 | $-35.3M | $78.5M | ||
| Q4 24 | $52.6M | $68.4M | ||
| Q3 24 | $30.5M | $75.1M | ||
| Q2 24 | $36.0M | $76.5M | ||
| Q1 24 | $-15.1M | $41.5M |
自由现金流MCSPLAB
| Q4 25 | $26.4M | — | ||
| Q3 25 | $18.2M | $25.2M | ||
| Q2 25 | $14.7M | $-29.1M | ||
| Q1 25 | $-58.3M | $43.3M | ||
| Q4 24 | $27.1M | $25.2M | ||
| Q3 24 | $12.0M | $50.7M | ||
| Q2 24 | $16.1M | $56.5M | ||
| Q1 24 | $-30.5M | $-1.8M |
自由现金流率MCSPLAB
| Q4 25 | 13.6% | — | ||
| Q3 25 | 8.7% | 12.0% | ||
| Q2 25 | 7.1% | -13.8% | ||
| Q1 25 | -39.2% | 20.4% | ||
| Q4 24 | 14.4% | 11.3% | ||
| Q3 24 | 5.2% | 24.0% | ||
| Q2 24 | 9.2% | 26.0% | ||
| Q1 24 | -22.0% | -0.8% |
资本支出强度MCSPLAB
| Q4 25 | 11.6% | — | ||
| Q3 25 | 9.9% | 11.8% | ||
| Q2 25 | 8.2% | 28.7% | ||
| Q1 25 | 15.5% | 16.6% | ||
| Q4 24 | 13.5% | 19.4% | ||
| Q3 24 | 7.9% | 11.6% | ||
| Q2 24 | 11.3% | 9.2% | ||
| Q1 24 | 11.1% | 20.0% |
现金转化率MCSPLAB
| Q4 25 | — | — | ||
| Q3 25 | 2.41× | 2.19× | ||
| Q2 25 | 4.32× | 3.55× | ||
| Q1 25 | — | 1.83× | ||
| Q4 24 | 53.31× | 2.02× | ||
| Q3 24 | 1.31× | 2.18× | ||
| Q2 24 | — | 2.11× | ||
| Q1 24 | — | 1.59× |
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% |
PLAB
| High End Integrated Circuits | $53.6M | 25% |
| High End Flat Panel Displays | $53.5M | 25% |
| KR | $43.7M | 21% |
| Other | $42.1M | 20% |
| Mainstream Flat Panel Displays | $9.1M | 4% |
| Transferred At Point In Time | $8.4M | 4% |
