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MARCUS CORP（MCS）与全食超市（SMPL）财务数据对比。点击上方公司名可切换其他公司
全食超市的季度营收约是MARCUS CORP的1.8倍（$340.2M vs $193.5M），MARCUS CORP同比增速更快（2.8% vs -0.3%），全食超市自由现金流更多（$48.0M vs $26.4M），过去两年MARCUS CORP的营收复合增速更高（18.2% vs 3.0%）
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。
全食超市是总部位于美国得克萨斯州奥斯汀的跨国连锁超市，现为亚马逊全资旗下品牌。门店主打无氢化脂肪、人工色素、人工香精、防腐剂的天然食品，是美国农业部认证的有机食品零售商，以丰富的有机商品选择深受消费者欢迎。
MCS vs SMPL — 直观对比
营收规模更大
SMPL
是对方的1.8倍
$193.5M
营收增速更快
MCS
高出3.1%
-0.3%
自由现金流更多
SMPL
多$21.6M
$26.4M
两年增速更快
MCS
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $193.5M | $340.2M |
| 净利润 | — | $25.3M |
| 毛利率 | — | 32.3% |
| 营业利润率 | 0.9% | 11.0% |
| 净利率 | — | 7.4% |
| 营收同比 | 2.8% | -0.3% |
| 净利润同比 | — | -33.7% |
| 每股收益（稀释后） | — | $0.26 |
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MCSSMPL
| Q4 25 | $193.5M | $340.2M | ||
| Q3 25 | $210.2M | — | ||
| Q2 25 | $206.0M | $381.0M | ||
| Q1 25 | $148.8M | — | ||
| Q4 24 | $188.3M | $341.3M | ||
| Q3 24 | $232.7M | $375.7M | ||
| Q2 24 | $176.0M | $334.8M | ||
| Q1 24 | $138.5M | $312.2M |
净利润MCSSMPL
| Q4 25 | — | $25.3M | ||
| Q3 25 | $16.2M | — | ||
| Q2 25 | $7.3M | $41.1M | ||
| Q1 25 | $-16.8M | — | ||
| Q4 24 | $986.0K | $38.1M | ||
| Q3 24 | $23.3M | $29.3M | ||
| Q2 24 | $-20.2M | $41.3M | ||
| Q1 24 | $-11.9M | $33.1M |
毛利率MCSSMPL
| Q4 25 | — | 32.3% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 36.4% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 38.2% | ||
| Q3 24 | — | 38.8% | ||
| Q2 24 | — | 39.9% | ||
| Q1 24 | — | 37.4% |
营业利润率MCSSMPL
| Q4 25 | 0.9% | 11.0% | ||
| Q3 25 | 10.8% | — | ||
| Q2 25 | 6.3% | 15.6% | ||
| Q1 25 | -13.7% | — | ||
| Q4 24 | -1.2% | 16.0% | ||
| Q3 24 | 14.1% | 12.7% | ||
| Q2 24 | 1.3% | 17.6% | ||
| Q1 24 | -12.0% | 15.4% |
净利率MCSSMPL
| Q4 25 | — | 7.4% | ||
| Q3 25 | 7.7% | — | ||
| Q2 25 | 3.6% | 10.8% | ||
| Q1 25 | -11.3% | — | ||
| Q4 24 | 0.5% | 11.2% | ||
| Q3 24 | 10.0% | 7.8% | ||
| Q2 24 | -11.5% | 12.3% | ||
| Q1 24 | -8.6% | 10.6% |
每股收益（稀释后）MCSSMPL
| Q4 25 | — | $0.26 | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $0.40 | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0.38 | ||
| Q3 24 | — | $0.29 | ||
| Q2 24 | — | $0.41 | ||
| Q1 24 | — | $0.33 |
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 | $194.1M |
| 总债务越低越好 | $159.0M | — |
| 股东权益账面价值 | $457.4M | $1.7B |
| 总资产 | $1.0B | $2.5B |
| 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MCSSMPL
| Q4 25 | $23.4M | $194.1M | ||
| Q3 25 | $7.4M | — | ||
| Q2 25 | $14.9M | $98.0M | ||
| Q1 25 | $11.9M | — | ||
| Q4 24 | $40.8M | $121.8M | ||
| Q3 24 | $28.4M | $132.5M | ||
| Q2 24 | $32.8M | $208.7M | ||
| Q1 24 | $17.3M | $135.9M |
总债务MCSSMPL
| Q4 25 | $159.0M | — | ||
| Q3 25 | $162.0M | — | ||
| Q2 25 | $179.9M | — | ||
| Q1 25 | $198.9M | — | ||
| Q4 24 | $159.1M | — | ||
| Q3 24 | $173.1M | $397.5M | ||
| Q2 24 | $175.7M | $237.7M | ||
| Q1 24 | $169.8M | $237.7M |
股东权益MCSSMPL
| Q4 25 | $457.4M | $1.7B | ||
| Q3 25 | $454.3M | — | ||
| Q2 25 | $448.4M | $1.8B | ||
| Q1 25 | $441.8M | — | ||
| Q4 24 | $464.9M | $1.8B | ||
| Q3 24 | $462.3M | $1.7B | ||
| Q2 24 | $449.4M | $1.7B | ||
| Q1 24 | $459.3M | $1.6B |
总资产MCSSMPL
| Q4 25 | $1.0B | $2.5B | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | $2.4B | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | $2.4B | ||
| Q3 24 | $1.0B | $2.4B | ||
| Q2 24 | $1.1B | $2.2B | ||
| Q1 24 | $1.0B | $2.1B |
负债/权益比MCSSMPL
| Q4 25 | 0.35× | — | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 0.34× | — | ||
| Q3 24 | 0.37× | 0.23× | ||
| Q2 24 | 0.39× | 0.14× | ||
| Q1 24 | 0.37× | 0.14× |
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 | $48.0M |
| 自由现金流率自由现金流/营收 | 13.6% | 14.1% |
| 资本支出强度资本支出/营收 | 11.6% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 1.98× |
| 过去12个月自由现金流最近4个季度 | $989.0K | $223.6M |
8季度趋势，按日历期对齐
经营现金流MCSSMPL
| Q4 25 | $48.8M | $50.1M | ||
| Q3 25 | $39.1M | — | ||
| Q2 25 | $31.6M | $101.1M | ||
| Q1 25 | $-35.3M | — | ||
| Q4 24 | $52.6M | $32.0M | ||
| Q3 24 | $30.5M | $48.9M | ||
| Q2 24 | $36.0M | $72.8M | ||
| Q1 24 | $-15.1M | $46.5M |
自由现金流MCSSMPL
| Q4 25 | $26.4M | $48.0M | ||
| Q3 25 | $18.2M | — | ||
| Q2 25 | $14.7M | $98.9M | ||
| Q1 25 | $-58.3M | — | ||
| Q4 24 | $27.1M | $31.7M | ||
| Q3 24 | $12.0M | $45.0M | ||
| Q2 24 | $16.1M | $72.0M | ||
| Q1 24 | $-30.5M | $46.1M |
自由现金流率MCSSMPL
| Q4 25 | 13.6% | 14.1% | ||
| Q3 25 | 8.7% | — | ||
| Q2 25 | 7.1% | 25.9% | ||
| Q1 25 | -39.2% | — | ||
| Q4 24 | 14.4% | 9.3% | ||
| Q3 24 | 5.2% | 12.0% | ||
| Q2 24 | 9.2% | 21.5% | ||
| Q1 24 | -22.0% | 14.8% |
资本支出强度MCSSMPL
| Q4 25 | 11.6% | 0.6% | ||
| Q3 25 | 9.9% | — | ||
| Q2 25 | 8.2% | 0.6% | ||
| Q1 25 | 15.5% | — | ||
| Q4 24 | 13.5% | 0.1% | ||
| Q3 24 | 7.9% | 1.0% | ||
| Q2 24 | 11.3% | 0.2% | ||
| Q1 24 | 11.1% | 0.1% |
现金转化率MCSSMPL
| Q4 25 | — | 1.98× | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | 4.32× | 2.46× | ||
| Q1 25 | — | — | ||
| Q4 24 | 53.31× | 0.84× | ||
| Q3 24 | 1.31× | 1.67× | ||
| Q2 24 | — | 1.76× | ||
| Q1 24 | — | 1.40× |
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% |
SMPL
| Quest | $211.4M | 62% |
| Atkins Domain | $79.7M | 23% |
| OWYN | $28.1M | 8% |
| Other | $20.9M | 6% |
