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MARCUS CORP（MCS）与Tecnoglass Inc.（TGLS）财务数据对比。点击上方公司名可切换其他公司
Tecnoglass Inc.的季度营收约是MARCUS CORP的1.3倍（$245.3M vs $193.5M），MARCUS CORP同比增速更快（2.8% vs 2.4%），MARCUS CORP自由现金流更多（$26.4M vs $11.4M），过去两年MARCUS CORP的营收复合增速更高（18.2% vs 12.8%）
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。
Tecnoglass Inc.是一家领先的建筑玻璃、铝制门窗及相关建材生产商，主要服务北美及拉美地区的住宅和商业建筑领域，为新建及翻新项目提供定制化、高能效的建筑解决方案。
MCS vs TGLS — 直观对比
营收规模更大
TGLS
是对方的1.3倍
$193.5M
营收增速更快
MCS
高出0.4%
2.4%
自由现金流更多
MCS
多$15.0M
$11.4M
两年增速更快
MCS
近两年复合增速
12.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $193.5M | $245.3M |
| 净利润 | — | $26.1M |
| 毛利率 | — | 40.0% |
| 营业利润率 | 0.9% | 18.3% |
| 净利率 | — | 10.6% |
| 营收同比 | 2.8% | 2.4% |
| 净利润同比 | — | -44.5% |
| 每股收益（稀释后） | — | $0.57 |
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MCSTGLS
| Q4 25 | $193.5M | $245.3M | ||
| Q3 25 | $210.2M | $260.5M | ||
| Q2 25 | $206.0M | $255.5M | ||
| Q1 25 | $148.8M | $222.3M | ||
| Q4 24 | $188.3M | $239.6M | ||
| Q3 24 | $232.7M | $238.3M | ||
| Q2 24 | $176.0M | $219.7M | ||
| Q1 24 | $138.5M | $192.6M |
净利润MCSTGLS
| Q4 25 | — | $26.1M | ||
| Q3 25 | $16.2M | $47.2M | ||
| Q2 25 | $7.3M | $44.1M | ||
| Q1 25 | $-16.8M | $42.2M | ||
| Q4 24 | $986.0K | $47.0M | ||
| Q3 24 | $23.3M | $49.5M | ||
| Q2 24 | $-20.2M | $35.0M | ||
| Q1 24 | $-11.9M | $29.7M |
毛利率MCSTGLS
| Q4 25 | — | 40.0% | ||
| Q3 25 | — | 42.7% | ||
| Q2 25 | — | 44.7% | ||
| Q1 25 | — | 43.9% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.8% | ||
| Q2 24 | — | 40.8% | ||
| Q1 24 | — | 38.8% |
营业利润率MCSTGLS
| Q4 25 | 0.9% | 18.3% | ||
| Q3 25 | 10.8% | 25.1% | ||
| Q2 25 | 6.3% | 24.0% | ||
| Q1 25 | -13.7% | 26.7% | ||
| Q4 24 | -1.2% | 28.0% | ||
| Q3 24 | 14.1% | 28.4% | ||
| Q2 24 | 1.3% | 23.3% | ||
| Q1 24 | -12.0% | 21.3% |
净利率MCSTGLS
| Q4 25 | — | 10.6% | ||
| Q3 25 | 7.7% | 18.1% | ||
| Q2 25 | 3.6% | 17.3% | ||
| Q1 25 | -11.3% | 19.0% | ||
| Q4 24 | 0.5% | 19.6% | ||
| Q3 24 | 10.0% | 20.8% | ||
| Q2 24 | -11.5% | 15.9% | ||
| Q1 24 | -8.6% | 15.4% |
每股收益（稀释后）MCSTGLS
| Q4 25 | — | $0.57 | ||
| Q3 25 | — | $1.01 | ||
| Q2 25 | — | $0.94 | ||
| Q1 25 | — | $0.90 | ||
| Q4 24 | — | $1.00 | ||
| Q3 24 | — | $1.05 | ||
| Q2 24 | — | $0.75 | ||
| Q1 24 | — | $0.63 |
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 | $104.1M |
| 总债务越低越好 | $159.0M | $174.4M |
| 股东权益账面价值 | $457.4M | $713.1M |
| 总资产 | $1.0B | $1.3B |
| 负债/权益比越低杠杆越低 | 0.35× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资MCSTGLS
| Q4 25 | $23.4M | $104.1M | ||
| Q3 25 | $7.4M | $127.1M | ||
| Q2 25 | $14.9M | $140.9M | ||
| Q1 25 | $11.9M | $160.2M | ||
| Q4 24 | $40.8M | $137.5M | ||
| Q3 24 | $28.4M | $124.8M | ||
| Q2 24 | $32.8M | $129.5M | ||
| Q1 24 | $17.3M | $138.8M |
总债务MCSTGLS
| Q4 25 | $159.0M | $174.4M | ||
| Q3 25 | $162.0M | $114.7M | ||
| Q2 25 | $179.9M | $110.6M | ||
| Q1 25 | $198.9M | $110.6M | ||
| Q4 24 | $159.1M | $111.1M | ||
| Q3 24 | $173.1M | $126.8M | ||
| Q2 24 | $175.7M | $144.7M | ||
| Q1 24 | $169.8M | $160.9M |
股东权益MCSTGLS
| Q4 25 | $457.4M | $713.1M | ||
| Q3 25 | $454.3M | $764.0M | ||
| Q2 25 | $448.4M | $736.0M | ||
| Q1 25 | $441.8M | $685.1M | ||
| Q4 24 | $464.9M | $631.2M | ||
| Q3 24 | $462.3M | $613.3M | ||
| Q2 24 | $449.4M | $574.8M | ||
| Q1 24 | $459.3M | $573.6M |
总资产MCSTGLS
| Q4 25 | $1.0B | $1.3B | ||
| Q3 25 | $1.0B | $1.2B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $1.0B | $1.1B | ||
| Q4 24 | $1.0B | $1.0B | ||
| Q3 24 | $1.0B | $996.3M | ||
| Q2 24 | $1.1B | $942.5M | ||
| Q1 24 | $1.0B | $981.6M |
负债/权益比MCSTGLS
| Q4 25 | 0.35× | 0.24× | ||
| Q3 25 | 0.36× | 0.15× | ||
| Q2 25 | 0.40× | 0.15× | ||
| Q1 25 | 0.45× | 0.16× | ||
| Q4 24 | 0.34× | 0.18× | ||
| Q3 24 | 0.37× | 0.21× | ||
| Q2 24 | 0.39× | 0.25× | ||
| Q1 24 | 0.37× | 0.28× |
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 | $31.0M |
| 自由现金流经营现金流 - 资本支出 | $26.4M | $11.4M |
| 自由现金流率自由现金流/营收 | 13.6% | 4.7% |
| 资本支出强度资本支出/营收 | 11.6% | 8.0% |
| 现金转化率经营现金流/净利润 | — | 1.19× |
| 过去12个月自由现金流最近4个季度 | $989.0K | $34.5M |
8季度趋势，按日历期对齐
经营现金流MCSTGLS
| Q4 25 | $48.8M | $31.0M | ||
| Q3 25 | $39.1M | $40.0M | ||
| Q2 25 | $31.6M | $17.9M | ||
| Q1 25 | $-35.3M | $46.9M | ||
| Q4 24 | $52.6M | $61.1M | ||
| Q3 24 | $30.5M | $41.5M | ||
| Q2 24 | $36.0M | $34.5M | ||
| Q1 24 | $-15.1M | $33.4M |
自由现金流MCSTGLS
| Q4 25 | $26.4M | $11.4M | ||
| Q3 25 | $18.2M | $21.2M | ||
| Q2 25 | $14.7M | $-14.7M | ||
| Q1 25 | $-58.3M | $16.5M | ||
| Q4 24 | $27.1M | $35.4M | ||
| Q3 24 | $12.0M | $17.8M | ||
| Q2 24 | $16.1M | $14.2M | ||
| Q1 24 | $-30.5M | $23.6M |
自由现金流率MCSTGLS
| Q4 25 | 13.6% | 4.7% | ||
| Q3 25 | 8.7% | 8.2% | ||
| Q2 25 | 7.1% | -5.7% | ||
| Q1 25 | -39.2% | 7.4% | ||
| Q4 24 | 14.4% | 14.8% | ||
| Q3 24 | 5.2% | 7.5% | ||
| Q2 24 | 9.2% | 6.5% | ||
| Q1 24 | -22.0% | 12.2% |
资本支出强度MCSTGLS
| Q4 25 | 11.6% | 8.0% | ||
| Q3 25 | 9.9% | 7.2% | ||
| Q2 25 | 8.2% | 12.7% | ||
| Q1 25 | 15.5% | 13.7% | ||
| Q4 24 | 13.5% | 10.7% | ||
| Q3 24 | 7.9% | 9.9% | ||
| Q2 24 | 11.3% | 9.2% | ||
| Q1 24 | 11.1% | 5.1% |
现金转化率MCSTGLS
| Q4 25 | — | 1.19× | ||
| Q3 25 | 2.41× | 0.85× | ||
| Q2 25 | 4.32× | 0.41× | ||
| Q1 25 | — | 1.11× | ||
| Q4 24 | 53.31× | 1.30× | ||
| Q3 24 | 1.31× | 0.84× | ||
| Q2 24 | — | 0.98× | ||
| Q1 24 | — | 1.13× |
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% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
