vs
MARCUS CORP（MCS）与医疗房产信托（SVC）财务数据对比。点击上方公司名可切换其他公司
医疗房产信托的季度营收约是MARCUS CORP的1.5倍（$296.5M vs $193.5M），MARCUS CORP同比增速更快（2.8% vs -17.0%），MARCUS CORP自由现金流更多（$26.4M vs $-95.2M），过去两年MARCUS CORP的营收复合增速更高（18.2% vs -6.1%）
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。
医疗房产信托（MPT）是总部位于阿拉巴马州伯明翰的国际房地产投资信托（REIT），主要在美国和欧洲地区收购投资医疗设施与营利性医疗控股公司。该公司的房产收购多采用售后回租模式，原产权方出售房产给MPT后成为承租租户，其租户普遍签订长期三净租约。
MCS vs SVC — 直观对比
营收规模更大
SVC
是对方的1.5倍
$193.5M
营收增速更快
MCS
高出19.7%
-17.0%
自由现金流更多
MCS
多$121.6M
$-95.2M
两年增速更快
MCS
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $193.5M | $296.5M |
| 净利润 | — | $-782.0K |
| 毛利率 | — | — |
| 营业利润率 | 0.9% | -3.9% |
| 净利率 | — | -0.3% |
| 营收同比 | 2.8% | -17.0% |
| 净利润同比 | — | 99.0% |
| 每股收益（稀释后） | — | $-0.01 |
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MCSSVC
| Q4 25 | $193.5M | $296.5M | ||
| Q3 25 | $210.2M | $377.6M | ||
| Q2 25 | $206.0M | $404.4M | ||
| Q1 25 | $148.8M | $335.0M | ||
| Q4 24 | $188.3M | $357.0M | ||
| Q3 24 | $232.7M | $390.9M | ||
| Q2 24 | $176.0M | $412.5M | ||
| Q1 24 | $138.5M | $336.2M |
净利润MCSSVC
| Q4 25 | — | $-782.0K | ||
| Q3 25 | $16.2M | $-46.9M | ||
| Q2 25 | $7.3M | $-38.2M | ||
| Q1 25 | $-16.8M | $-116.4M | ||
| Q4 24 | $986.0K | $-76.4M | ||
| Q3 24 | $23.3M | $-46.9M | ||
| Q2 24 | $-20.2M | $-73.8M | ||
| Q1 24 | $-11.9M | $-78.4M |
营业利润率MCSSVC
| Q4 25 | 0.9% | -3.9% | ||
| Q3 25 | 10.8% | -12.8% | ||
| Q2 25 | 6.3% | -9.2% | ||
| Q1 25 | -13.7% | -33.3% | ||
| Q4 24 | -1.2% | -19.4% | ||
| Q3 24 | 14.1% | -12.8% | ||
| Q2 24 | 1.3% | -17.1% | ||
| Q1 24 | -12.0% | -21.4% |
净利率MCSSVC
| Q4 25 | — | -0.3% | ||
| Q3 25 | 7.7% | -12.4% | ||
| Q2 25 | 3.6% | -9.4% | ||
| Q1 25 | -11.3% | -34.8% | ||
| Q4 24 | 0.5% | -21.4% | ||
| Q3 24 | 10.0% | -12.0% | ||
| Q2 24 | -11.5% | -17.9% | ||
| Q1 24 | -8.6% | -23.3% |
每股收益（稀释后）MCSSVC
| Q4 25 | — | $-0.01 | ||
| Q3 25 | — | $-0.28 | ||
| Q2 25 | — | $-0.23 | ||
| Q1 25 | — | $-0.70 | ||
| Q4 24 | — | $-0.46 | ||
| Q3 24 | — | $-0.28 | ||
| Q2 24 | — | $-0.45 | ||
| Q1 24 | — | $-0.48 |
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 | $346.8M |
| 总债务越低越好 | $159.0M | $5.5B |
| 股东权益账面价值 | $457.4M | $646.1M |
| 总资产 | $1.0B | $6.5B |
| 负债/权益比越低杠杆越低 | 0.35× | 8.52× |
8季度趋势，按日历期对齐
现金及短期投资MCSSVC
| Q4 25 | $23.4M | $346.8M | ||
| Q3 25 | $7.4M | $417.4M | ||
| Q2 25 | $14.9M | $63.2M | ||
| Q1 25 | $11.9M | $80.1M | ||
| Q4 24 | $40.8M | $143.5M | ||
| Q3 24 | $28.4M | $48.6M | ||
| Q2 24 | $32.8M | $14.6M | ||
| Q1 24 | $17.3M | $71.3M |
总债务MCSSVC
| Q4 25 | $159.0M | $5.5B | ||
| Q3 25 | $162.0M | — | ||
| Q2 25 | $179.9M | — | ||
| Q1 25 | $198.9M | — | ||
| Q4 24 | $159.1M | $5.8B | ||
| Q3 24 | $173.1M | — | ||
| Q2 24 | $175.7M | — | ||
| Q1 24 | $169.8M | — |
股东权益MCSSVC
| Q4 25 | $457.4M | $646.1M | ||
| Q3 25 | $454.3M | $647.9M | ||
| Q2 25 | $448.4M | $695.9M | ||
| Q1 25 | $441.8M | $734.6M | ||
| Q4 24 | $464.9M | $851.9M | ||
| Q3 24 | $462.3M | $929.0M | ||
| Q2 24 | $449.4M | $1.0B | ||
| Q1 24 | $459.3M | $1.1B |
总资产MCSSVC
| Q4 25 | $1.0B | $6.5B | ||
| Q3 25 | $1.0B | $7.0B | ||
| Q2 25 | $1.0B | $6.9B | ||
| Q1 25 | $1.0B | $7.0B | ||
| Q4 24 | $1.0B | $7.1B | ||
| Q3 24 | $1.0B | $7.1B | ||
| Q2 24 | $1.1B | $7.1B | ||
| Q1 24 | $1.0B | $7.2B |
负债/权益比MCSSVC
| Q4 25 | 0.35× | 8.52× | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 0.34× | 6.85× | ||
| 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 | $-18.5M |
| 自由现金流经营现金流 - 资本支出 | $26.4M | $-95.2M |
| 自由现金流率自由现金流/营收 | 13.6% | -32.1% |
| 资本支出强度资本支出/营收 | 11.6% | 25.9% |
| 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 | $-107.0M |
8季度趋势，按日历期对齐
经营现金流MCSSVC
| Q4 25 | $48.8M | $-18.5M | ||
| Q3 25 | $39.1M | $98.1M | ||
| Q2 25 | $31.6M | $-7.0K | ||
| Q1 25 | $-35.3M | $38.2M | ||
| Q4 24 | $52.6M | $-9.7M | ||
| Q3 24 | $30.5M | $106.2M | ||
| Q2 24 | $36.0M | $43.8M | ||
| Q1 24 | $-15.1M | $-926.0K |
自由现金流MCSSVC
| Q4 25 | $26.4M | $-95.2M | ||
| Q3 25 | $18.2M | $57.9M | ||
| Q2 25 | $14.7M | $-46.6M | ||
| Q1 25 | $-58.3M | $-23.2M | ||
| Q4 24 | $27.1M | $-88.9M | ||
| Q3 24 | $12.0M | $24.1M | ||
| Q2 24 | $16.1M | $-22.3M | ||
| Q1 24 | $-30.5M | $-77.2M |
自由现金流率MCSSVC
| Q4 25 | 13.6% | -32.1% | ||
| Q3 25 | 8.7% | 15.3% | ||
| Q2 25 | 7.1% | -11.5% | ||
| Q1 25 | -39.2% | -6.9% | ||
| Q4 24 | 14.4% | -24.9% | ||
| Q3 24 | 5.2% | 6.2% | ||
| Q2 24 | 9.2% | -5.4% | ||
| Q1 24 | -22.0% | -23.0% |
资本支出强度MCSSVC
| Q4 25 | 11.6% | 25.9% | ||
| Q3 25 | 9.9% | 10.6% | ||
| Q2 25 | 8.2% | 11.5% | ||
| Q1 25 | 15.5% | 18.3% | ||
| Q4 24 | 13.5% | 22.2% | ||
| Q3 24 | 7.9% | 21.0% | ||
| Q2 24 | 11.3% | 16.0% | ||
| Q1 24 | 11.1% | 22.7% |
现金转化率MCSSVC
| 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% |
SVC
暂无分部数据
