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MARCUS CORP（MCS）与Thryv Holdings, Inc.（THRY）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Thryv Holdings, Inc.的1.2倍（$193.5M vs $167.7M），MARCUS CORP同比增速更快（2.8% vs -7.5%），MARCUS CORP自由现金流更多（$26.4M vs $-5.5M），过去两年MARCUS CORP的营收复合增速更高（18.2% vs -13.5%）
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。
Thryv Holdings, Inc.是一家上市软件服务（SaaS）企业，面向中小企业提供客户关系管理与网络声誉管理软件解决方案。公司总部位于得克萨斯州达拉斯，业务覆盖美国48个州，现有员工超过2400名，其前身是多家黄页企业组成的集团。
MCS vs THRY — 直观对比
营收规模更大
MCS
是对方的1.2倍
$167.7M
营收增速更快
MCS
高出10.3%
-7.5%
自由现金流更多
MCS
多$31.9M
$-5.5M
两年增速更快
MCS
近两年复合增速
-13.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $193.5M | $167.7M |
| 净利润 | — | $4.5M |
| 毛利率 | — | 65.2% |
| 营业利润率 | 0.9% | 37.3% |
| 净利率 | — | 2.7% |
| 营收同比 | 2.8% | -7.5% |
| 净利润同比 | — | 147.2% |
| 每股收益（稀释后） | — | $0.10 |
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MCSTHRY
| Q1 26 | — | $167.7M | ||
| Q4 25 | $193.5M | $191.6M | ||
| Q3 25 | $210.2M | $201.6M | ||
| Q2 25 | $206.0M | $210.5M | ||
| Q1 25 | $148.8M | $181.4M | ||
| Q4 24 | $188.3M | $186.6M | ||
| Q3 24 | $232.7M | $179.9M | ||
| Q2 24 | $176.0M | $224.1M |
净利润MCSTHRY
| Q1 26 | — | $4.5M | ||
| Q4 25 | — | $-9.7M | ||
| Q3 25 | $16.2M | $5.7M | ||
| Q2 25 | $7.3M | $13.9M | ||
| Q1 25 | $-16.8M | $-9.6M | ||
| Q4 24 | $986.0K | $7.9M | ||
| Q3 24 | $23.3M | $-96.1M | ||
| Q2 24 | $-20.2M | $5.5M |
毛利率MCSTHRY
| Q1 26 | — | 65.2% | ||
| Q4 25 | — | 68.0% | ||
| Q3 25 | — | 67.7% | ||
| Q2 25 | — | 69.7% | ||
| Q1 25 | — | 65.8% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 62.3% | ||
| Q2 24 | — | 66.3% |
营业利润率MCSTHRY
| Q1 26 | — | 37.3% | ||
| Q4 25 | 0.9% | 5.3% | ||
| Q3 25 | 10.8% | 9.9% | ||
| Q2 25 | 6.3% | 14.0% | ||
| Q1 25 | -13.7% | -1.7% | ||
| Q4 24 | -1.2% | -3.9% | ||
| Q3 24 | 14.1% | -49.2% | ||
| Q2 24 | 1.3% | 14.0% |
净利率MCSTHRY
| Q1 26 | — | 2.7% | ||
| Q4 25 | — | -5.0% | ||
| Q3 25 | 7.7% | 2.8% | ||
| Q2 25 | 3.6% | 6.6% | ||
| Q1 25 | -11.3% | -5.3% | ||
| Q4 24 | 0.5% | 4.2% | ||
| Q3 24 | 10.0% | -53.4% | ||
| Q2 24 | -11.5% | 2.5% |
每股收益（稀释后）MCSTHRY
| Q1 26 | — | $0.10 | ||
| Q4 25 | — | $-0.21 | ||
| Q3 25 | — | $0.13 | ||
| Q2 25 | — | $0.31 | ||
| Q1 25 | — | $-0.22 | ||
| Q4 24 | — | $0.28 | ||
| Q3 24 | — | $-2.65 | ||
| Q2 24 | — | $0.15 |
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 | $8.0M |
| 总债务越低越好 | $159.0M | — |
| 股东权益账面价值 | $457.4M | $225.4M |
| 总资产 | $1.0B | $693.7M |
| 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MCSTHRY
| Q1 26 | — | $8.0M | ||
| Q4 25 | $23.4M | $10.8M | ||
| Q3 25 | $7.4M | $11.6M | ||
| Q2 25 | $14.9M | $10.8M | ||
| Q1 25 | $11.9M | $11.0M | ||
| Q4 24 | $40.8M | $16.3M | ||
| Q3 24 | $28.4M | $12.5M | ||
| Q2 24 | $32.8M | $15.5M |
总债务MCSTHRY
| Q1 26 | — | — | ||
| Q4 25 | $159.0M | $253.5M | ||
| Q3 25 | $162.0M | $268.2M | ||
| Q2 25 | $179.9M | $275.6M | ||
| Q1 25 | $198.9M | $299.0M | ||
| Q4 24 | $159.1M | $284.3M | ||
| Q3 24 | $173.1M | $307.8M | ||
| Q2 24 | $175.7M | $342.1M |
股东权益MCSTHRY
| Q1 26 | — | $225.4M | ||
| Q4 25 | $457.4M | $218.1M | ||
| Q3 25 | $454.3M | $221.1M | ||
| Q2 25 | $448.4M | $214.9M | ||
| Q1 25 | $441.8M | $193.2M | ||
| Q4 24 | $464.9M | $196.9M | ||
| Q3 24 | $462.3M | $94.5M | ||
| Q2 24 | $449.4M | $183.1M |
总资产MCSTHRY
| Q1 26 | — | $693.7M | ||
| Q4 25 | $1.0B | $688.6M | ||
| Q3 25 | $1.0B | $701.8M | ||
| Q2 25 | $1.0B | $687.7M | ||
| Q1 25 | $1.0B | $703.7M | ||
| Q4 24 | $1.0B | $712.2M | ||
| Q3 24 | $1.0B | $654.8M | ||
| Q2 24 | $1.1B | $785.5M |
负债/权益比MCSTHRY
| Q1 26 | — | — | ||
| Q4 25 | 0.35× | 1.16× | ||
| Q3 25 | 0.36× | 1.21× | ||
| Q2 25 | 0.40× | 1.28× | ||
| Q1 25 | 0.45× | 1.55× | ||
| Q4 24 | 0.34× | 1.44× | ||
| Q3 24 | 0.37× | 3.26× | ||
| Q2 24 | 0.39× | 1.87× |
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 | $-5.5M |
| 自由现金流率自由现金流/营收 | 13.6% | -3.3% |
| 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 | $43.3M |
8季度趋势，按日历期对齐
经营现金流MCSTHRY
| Q1 26 | — | — | ||
| Q4 25 | $48.8M | $22.2M | ||
| Q3 25 | $39.1M | $22.2M | ||
| Q2 25 | $31.6M | $29.6M | ||
| Q1 25 | $-35.3M | $-10.5M | ||
| Q4 24 | $52.6M | $26.1M | ||
| Q3 24 | $30.5M | $36.0M | ||
| Q2 24 | $36.0M | $22.2M |
自由现金流MCSTHRY
| Q1 26 | — | $-5.5M | ||
| Q4 25 | $26.4M | $12.3M | ||
| Q3 25 | $18.2M | $14.6M | ||
| Q2 25 | $14.7M | $21.8M | ||
| Q1 25 | $-58.3M | $-17.6M | ||
| Q4 24 | $27.1M | $17.3M | ||
| Q3 24 | $12.0M | $27.5M | ||
| Q2 24 | $16.1M | $13.3M |
自由现金流率MCSTHRY
| Q1 26 | — | -3.3% | ||
| Q4 25 | 13.6% | 6.4% | ||
| Q3 25 | 8.7% | 7.2% | ||
| Q2 25 | 7.1% | 10.4% | ||
| Q1 25 | -39.2% | -9.7% | ||
| Q4 24 | 14.4% | 9.3% | ||
| Q3 24 | 5.2% | 15.3% | ||
| Q2 24 | 9.2% | 5.9% |
资本支出强度MCSTHRY
| Q1 26 | — | — | ||
| Q4 25 | 11.6% | 5.2% | ||
| Q3 25 | 9.9% | 3.8% | ||
| Q2 25 | 8.2% | 3.7% | ||
| Q1 25 | 15.5% | 3.9% | ||
| Q4 24 | 13.5% | 4.7% | ||
| Q3 24 | 7.9% | 4.7% | ||
| Q2 24 | 11.3% | 4.0% |
现金转化率MCSTHRY
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.41× | 3.93× | ||
| Q2 25 | 4.32× | 2.12× | ||
| Q1 25 | — | — | ||
| Q4 24 | 53.31× | 3.32× | ||
| Q3 24 | 1.31× | — | ||
| Q2 24 | — | 4.01× |
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% |
THRY
| SaaS | $116.7M | 70% |
| Other | $50.9M | 30% |
