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MARCUS CORP（MCS）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
MARCUS CORP的季度营收约是通用动力的1.0倍（$193.5M vs $184.5M），通用动力同比增速更快（28.6% vs 2.8%），通用动力自由现金流更多（$92.8M vs $26.4M），过去两年通用动力的营收复合增速更高（38.9% vs 18.2%）
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。
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
MCS vs PLOW — 直观对比
营收规模更大
MCS
是对方的1.0倍
$184.5M
营收增速更快
PLOW
高出25.8%
2.8%
自由现金流更多
PLOW
多$66.5M
$26.4M
两年增速更快
PLOW
近两年复合增速
18.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $193.5M | $184.5M |
| 净利润 | — | $12.8M |
| 毛利率 | — | 26.1% |
| 营业利润率 | 0.9% | 10.5% |
| 净利率 | — | 7.0% |
| 营收同比 | 2.8% | 28.6% |
| 净利润同比 | — | 62.3% |
| 每股收益（稀释后） | — | $0.54 |
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MCSPLOW
| Q4 25 | $193.5M | $184.5M | ||
| Q3 25 | $210.2M | $162.1M | ||
| Q2 25 | $206.0M | $194.3M | ||
| Q1 25 | $148.8M | $115.1M | ||
| Q4 24 | $188.3M | $143.5M | ||
| Q3 24 | $232.7M | $129.4M | ||
| Q2 24 | $176.0M | $199.9M | ||
| Q1 24 | $138.5M | $95.7M |
净利润MCSPLOW
| Q4 25 | — | $12.8M | ||
| Q3 25 | $16.2M | $8.0M | ||
| Q2 25 | $7.3M | $26.0M | ||
| Q1 25 | $-16.8M | $148.0K | ||
| Q4 24 | $986.0K | $7.9M | ||
| Q3 24 | $23.3M | $32.3M | ||
| Q2 24 | $-20.2M | $24.3M | ||
| Q1 24 | $-11.9M | $-8.4M |
毛利率MCSPLOW
| Q4 25 | — | 26.1% | ||
| Q3 25 | — | 23.5% | ||
| Q2 25 | — | 31.0% | ||
| Q1 25 | — | 24.5% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 23.9% | ||
| Q2 24 | — | 30.7% | ||
| Q1 24 | — | 19.8% |
营业利润率MCSPLOW
| Q4 25 | 0.9% | 10.5% | ||
| Q3 25 | 10.8% | 8.7% | ||
| Q2 25 | 6.3% | 19.0% | ||
| Q1 25 | -13.7% | 2.8% | ||
| Q4 24 | -1.2% | 9.0% | ||
| Q3 24 | 14.1% | 35.4% | ||
| Q2 24 | 1.3% | 18.2% | ||
| Q1 24 | -12.0% | -6.7% |
净利率MCSPLOW
| Q4 25 | — | 7.0% | ||
| Q3 25 | 7.7% | 4.9% | ||
| Q2 25 | 3.6% | 13.4% | ||
| Q1 25 | -11.3% | 0.1% | ||
| Q4 24 | 0.5% | 5.5% | ||
| Q3 24 | 10.0% | 24.9% | ||
| Q2 24 | -11.5% | 12.2% | ||
| Q1 24 | -8.6% | -8.7% |
每股收益（稀释后）MCSPLOW
| Q4 25 | — | $0.54 | ||
| Q3 25 | — | $0.33 | ||
| Q2 25 | — | $1.09 | ||
| Q1 25 | — | $0.00 | ||
| Q4 24 | — | $0.35 | ||
| Q3 24 | — | $1.36 | ||
| Q2 24 | — | $1.02 | ||
| Q1 24 | — | $-0.37 |
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 | — |
| 总债务越低越好 | $159.0M | $144.0M |
| 股东权益账面价值 | $457.4M | $281.4M |
| 总资产 | $1.0B | $626.7M |
| 负债/权益比越低杠杆越低 | 0.35× | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资MCSPLOW
| Q4 25 | $23.4M | — | ||
| Q3 25 | $7.4M | — | ||
| Q2 25 | $14.9M | — | ||
| Q1 25 | $11.9M | — | ||
| Q4 24 | $40.8M | — | ||
| Q3 24 | $28.4M | — | ||
| Q2 24 | $32.8M | — | ||
| Q1 24 | $17.3M | — |
总债务MCSPLOW
| Q4 25 | $159.0M | $144.0M | ||
| Q3 25 | $162.0M | — | ||
| Q2 25 | $179.9M | — | ||
| Q1 25 | $198.9M | — | ||
| Q4 24 | $159.1M | $147.5M | ||
| Q3 24 | $173.1M | — | ||
| Q2 24 | $175.7M | — | ||
| Q1 24 | $169.8M | — |
股东权益MCSPLOW
| Q4 25 | $457.4M | $281.4M | ||
| Q3 25 | $454.3M | $275.3M | ||
| Q2 25 | $448.4M | $273.3M | ||
| Q1 25 | $441.8M | $258.9M | ||
| Q4 24 | $464.9M | $264.2M | ||
| Q3 24 | $462.3M | $260.8M | ||
| Q2 24 | $449.4M | $236.7M | ||
| Q1 24 | $459.3M | $217.2M |
总资产MCSPLOW
| Q4 25 | $1.0B | $626.7M | ||
| Q3 25 | $1.0B | $694.9M | ||
| Q2 25 | $1.0B | $671.5M | ||
| Q1 25 | $1.0B | $621.0M | ||
| Q4 24 | $1.0B | $590.0M | ||
| Q3 24 | $1.0B | $665.6M | ||
| Q2 24 | $1.1B | $617.0M | ||
| Q1 24 | $1.0B | $577.1M |
负债/权益比MCSPLOW
| Q4 25 | 0.35× | 0.51× | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 0.34× | 0.56× | ||
| 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 | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $26.4M | $92.8M |
| 自由现金流率自由现金流/营收 | 13.6% | 50.3% |
| 资本支出强度资本支出/营收 | 11.6% | 1.7% |
| 现金转化率经营现金流/净利润 | — | 7.47× |
| 过去12个月自由现金流最近4个季度 | $989.0K | $63.6M |
8季度趋势，按日历期对齐
经营现金流MCSPLOW
| Q4 25 | $48.8M | $95.9M | ||
| Q3 25 | $39.1M | $-8.5M | ||
| Q2 25 | $31.6M | $-11.4M | ||
| Q1 25 | $-35.3M | $-1.3M | ||
| Q4 24 | $52.6M | $74.4M | ||
| Q3 24 | $30.5M | $-14.2M | ||
| Q2 24 | $36.0M | $2.5M | ||
| Q1 24 | $-15.1M | $-21.6M |
自由现金流MCSPLOW
| Q4 25 | $26.4M | $92.8M | ||
| Q3 25 | $18.2M | $-11.4M | ||
| Q2 25 | $14.7M | $-14.3M | ||
| Q1 25 | $-58.3M | $-3.5M | ||
| Q4 24 | $27.1M | $70.2M | ||
| Q3 24 | $12.0M | $-15.2M | ||
| Q2 24 | $16.1M | $836.0K | ||
| Q1 24 | $-30.5M | $-22.4M |
自由现金流率MCSPLOW
| Q4 25 | 13.6% | 50.3% | ||
| Q3 25 | 8.7% | -7.1% | ||
| Q2 25 | 7.1% | -7.4% | ||
| Q1 25 | -39.2% | -3.0% | ||
| Q4 24 | 14.4% | 48.9% | ||
| Q3 24 | 5.2% | -11.8% | ||
| Q2 24 | 9.2% | 0.4% | ||
| Q1 24 | -22.0% | -23.4% |
资本支出强度MCSPLOW
| Q4 25 | 11.6% | 1.7% | ||
| Q3 25 | 9.9% | 1.8% | ||
| Q2 25 | 8.2% | 1.5% | ||
| Q1 25 | 15.5% | 1.9% | ||
| Q4 24 | 13.5% | 2.9% | ||
| Q3 24 | 7.9% | 0.8% | ||
| Q2 24 | 11.3% | 0.8% | ||
| Q1 24 | 11.1% | 0.8% |
现金转化率MCSPLOW
| Q4 25 | — | 7.47× | ||
| Q3 25 | 2.41× | -1.07× | ||
| Q2 25 | 4.32× | -0.44× | ||
| Q1 25 | — | -9.03× | ||
| Q4 24 | 53.31× | 9.41× | ||
| Q3 24 | 1.31× | -0.44× | ||
| Q2 24 | — | 0.10× | ||
| 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% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
