vs
MARCUS CORP（MCS）与Ribbon Communications Inc.（RBBN）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Ribbon Communications Inc.的1.2倍（$193.5M vs $162.6M），MARCUS CORP同比增速更快（2.8% vs -10.3%），过去两年MARCUS CORP的营收复合增速更高（18.2% vs -8.1%）
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。
睿宾通信公司（Ribbon Communications Inc.）主要为电信运营商、企业及关键基础设施领域提供软件、IP与光网络解决方案。公司于2017年由Genband与Sonus Networks合并成立，总部位于美国得克萨斯州普莱诺，是一家上市科技企业。
MCS vs RBBN — 直观对比
营收规模更大
MCS
是对方的1.2倍
$162.6M
营收增速更快
MCS
高出13.1%
-10.3%
两年增速更快
MCS
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $193.5M | $162.6M |
| 净利润 | — | $89.1M |
| 毛利率 | — | 42.9% |
| 营业利润率 | 0.9% | 37.6% |
| 净利率 | — | 54.8% |
| 营收同比 | 2.8% | -10.3% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | $0.50 |
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MCSRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $193.5M | $227.3M | ||
| Q3 25 | $210.2M | $215.4M | ||
| Q2 25 | $206.0M | $220.6M | ||
| Q1 25 | $148.8M | $181.3M | ||
| Q4 24 | $188.3M | $251.4M | ||
| Q3 24 | $232.7M | $210.2M | ||
| Q2 24 | $176.0M | $192.6M |
净利润MCSRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | — | — | ||
| Q3 25 | $16.2M | $-12.1M | ||
| Q2 25 | $7.3M | $-11.1M | ||
| Q1 25 | $-16.8M | $-26.2M | ||
| Q4 24 | $986.0K | — | ||
| Q3 24 | $23.3M | $-13.4M | ||
| Q2 24 | $-20.2M | $-16.8M |
毛利率MCSRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 50.1% | ||
| Q2 25 | — | 49.6% | ||
| Q1 25 | — | 45.4% | ||
| Q4 24 | — | 55.7% | ||
| Q3 24 | — | 52.1% | ||
| Q2 24 | — | 50.8% |
营业利润率MCSRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 0.9% | 4.1% | ||
| Q3 25 | 10.8% | 1.3% | ||
| Q2 25 | 6.3% | 1.9% | ||
| Q1 25 | -13.7% | -10.8% | ||
| Q4 24 | -1.2% | 13.2% | ||
| Q3 24 | 14.1% | -0.4% | ||
| Q2 24 | 1.3% | -1.0% |
净利率MCSRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | — | — | ||
| Q3 25 | 7.7% | -5.6% | ||
| Q2 25 | 3.6% | -5.0% | ||
| Q1 25 | -11.3% | -14.5% | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 10.0% | -6.4% | ||
| Q2 24 | -11.5% | -8.7% |
每股收益（稀释后）MCSRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | — | $0.50 | ||
| Q3 25 | — | $-0.07 | ||
| Q2 25 | — | $-0.06 | ||
| Q1 25 | — | $-0.15 | ||
| Q4 24 | — | $0.05 | ||
| Q3 24 | — | $-0.08 | ||
| Q2 24 | — | $-0.10 |
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 | $67.6M |
| 总债务越低越好 | $159.0M | — |
| 股东权益账面价值 | $457.4M | $419.1M |
| 总资产 | $1.0B | — |
| 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MCSRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $23.4M | $96.4M | ||
| Q3 25 | $7.4M | $74.8M | ||
| Q2 25 | $14.9M | $60.5M | ||
| Q1 25 | $11.9M | $71.2M | ||
| Q4 24 | $40.8M | $87.8M | ||
| Q3 24 | $28.4M | $37.2M | ||
| Q2 24 | $32.8M | $64.6M |
总债务MCSRBBN
| Q1 26 | — | — | ||
| Q4 25 | $159.0M | $342.1M | ||
| Q3 25 | $162.0M | $344.3M | ||
| Q2 25 | $179.9M | $346.5M | ||
| Q1 25 | $198.9M | $347.4M | ||
| Q4 24 | $159.1M | $348.3M | ||
| Q3 24 | $173.1M | $349.1M | ||
| Q2 24 | $175.7M | $350.0M |
股东权益MCSRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $457.4M | $449.0M | ||
| Q3 25 | $454.3M | $360.1M | ||
| Q2 25 | $448.4M | $370.4M | ||
| Q1 25 | $441.8M | $381.8M | ||
| Q4 24 | $464.9M | $404.6M | ||
| Q3 24 | $462.3M | $395.5M | ||
| Q2 24 | $449.4M | $405.0M |
总资产MCSRBBN
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $1.2B | ||
| Q3 25 | $1.0B | $1.1B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $1.0B | $1.1B | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $1.0B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B |
负债/权益比MCSRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.35× | 0.76× | ||
| Q3 25 | 0.36× | 0.96× | ||
| Q2 25 | 0.40× | 0.94× | ||
| Q1 25 | 0.45× | 0.91× | ||
| Q4 24 | 0.34× | 0.86× | ||
| Q3 24 | 0.37× | 0.88× | ||
| Q2 24 | 0.39× | 0.86× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $26.4M | — |
| 自由现金流率自由现金流/营收 | 13.6% | — |
| 资本支出强度资本支出/营收 | 11.6% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流MCSRBBN
| Q1 26 | — | — | ||
| Q4 25 | $48.8M | $29.2M | ||
| Q3 25 | $39.1M | $26.5M | ||
| Q2 25 | $31.6M | $-795.0K | ||
| Q1 25 | $-35.3M | $-3.5M | ||
| Q4 24 | $52.6M | $61.8M | ||
| Q3 24 | $30.5M | $-14.8M | ||
| Q2 24 | $36.0M | $-9.8M |
自由现金流MCSRBBN
| Q1 26 | — | — | ||
| Q4 25 | $26.4M | $27.3M | ||
| Q3 25 | $18.2M | $21.0M | ||
| Q2 25 | $14.7M | $-6.5M | ||
| Q1 25 | $-58.3M | $-15.7M | ||
| Q4 24 | $27.1M | $53.8M | ||
| Q3 24 | $12.0M | $-23.7M | ||
| Q2 24 | $16.1M | $-12.9M |
自由现金流率MCSRBBN
| Q1 26 | — | — | ||
| Q4 25 | 13.6% | 12.0% | ||
| Q3 25 | 8.7% | 9.7% | ||
| Q2 25 | 7.1% | -2.9% | ||
| Q1 25 | -39.2% | -8.7% | ||
| Q4 24 | 14.4% | 21.4% | ||
| Q3 24 | 5.2% | -11.3% | ||
| Q2 24 | 9.2% | -6.7% |
资本支出强度MCSRBBN
| Q1 26 | — | — | ||
| Q4 25 | 11.6% | 0.9% | ||
| Q3 25 | 9.9% | 2.6% | ||
| Q2 25 | 8.2% | 2.6% | ||
| Q1 25 | 15.5% | 6.7% | ||
| Q4 24 | 13.5% | 3.2% | ||
| Q3 24 | 7.9% | 4.2% | ||
| Q2 24 | 11.3% | 1.6% |
现金转化率MCSRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | 4.32× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 53.31× | — | ||
| Q3 24 | 1.31× | — | ||
| Q2 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% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
