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Mister Car Wash, Inc.（MCW）与Ultragenyx Pharmaceutical Inc.（RARE）财务数据对比。点击上方公司名可切换其他公司
Mister Car Wash, Inc.的季度营收约是Ultragenyx Pharmaceutical Inc.的1.3倍（$261.2M vs $207.3M），Mister Car Wash, Inc.净利率更高（7.7% vs -62.0%，领先69.7%），Ultragenyx Pharmaceutical Inc.同比增速更快（25.9% vs 4.0%），Mister Car Wash, Inc.自由现金流更多（$-16.8M vs $-100.8M），过去两年Ultragenyx Pharmaceutical Inc.的营收复合增速更高（38.0% vs 4.5%）
棕熊洗车是总部位于美国华盛顿州的连锁洗车品牌，1957年在西雅图成立，截至2021年拥有49家门店，是美国排名第12位的大型洗车连锁企业，在当地洗车服务市场拥有较高的市场认可度。
Ultragenyx Pharmaceutical Inc.是一家总部位于美国的生物制药企业，专注于研发罕见病和超罕见遗传病的创新治疗方案，这类疾病目前大多无获批疗法，存在大量未被满足的临床需求。公司覆盖生物制剂、小分子药物、基因疗法、反义寡核苷酸及mRNA等多种药物技术平台，研发管线涵盖骨骼、内分泌、代谢、肌肉及中枢神经系统疾病领域。
MCW vs RARE — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.2M | $207.3M |
| 净利润 | $20.1M | $-128.6M |
| 毛利率 | — | — |
| 营业利润率 | 15.8% | -54.7% |
| 净利率 | 7.7% | -62.0% |
| 营收同比 | 4.0% | 25.9% |
| 净利润同比 | 118.9% | 3.5% |
| 每股收益（稀释后） | $0.06 | $-1.28 |
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
| Q4 25 | $261.2M | $207.3M | ||
| Q3 25 | $263.4M | $159.9M | ||
| Q2 25 | $265.4M | $166.5M | ||
| Q1 25 | $261.7M | $139.3M | ||
| Q4 24 | $251.2M | $164.6M | ||
| Q3 24 | $249.3M | $139.5M | ||
| Q2 24 | $255.0M | $147.0M | ||
| Q1 24 | $239.2M | $108.8M |
| Q4 25 | $20.1M | $-128.6M | ||
| Q3 25 | $27.4M | $-180.4M | ||
| Q2 25 | $28.6M | $-115.0M | ||
| Q1 25 | $27.0M | $-151.1M | ||
| Q4 24 | $9.2M | $-133.2M | ||
| Q3 24 | $22.3M | $-133.5M | ||
| Q2 24 | $22.1M | $-131.6M | ||
| Q1 24 | $16.6M | $-170.7M |
| Q4 25 | 15.8% | -54.7% | ||
| Q3 25 | 19.7% | -106.9% | ||
| Q2 25 | 20.4% | -64.8% | ||
| Q1 25 | 20.2% | -102.6% | ||
| Q4 24 | 12.7% | -74.3% | ||
| Q3 24 | 19.9% | -94.6% | ||
| Q2 24 | 21.6% | -79.1% | ||
| Q1 24 | 17.8% | -151.9% |
| Q4 25 | 7.7% | -62.0% | ||
| Q3 25 | 10.4% | -112.8% | ||
| Q2 25 | 10.8% | -69.0% | ||
| Q1 25 | 10.3% | -108.5% | ||
| Q4 24 | 3.7% | -80.9% | ||
| Q3 24 | 9.0% | -95.7% | ||
| Q2 24 | 8.7% | -89.5% | ||
| Q1 24 | 7.0% | -156.8% |
| Q4 25 | $0.06 | $-1.28 | ||
| Q3 25 | $0.08 | $-1.81 | ||
| Q2 25 | $0.09 | $-1.17 | ||
| Q1 25 | $0.08 | $-1.57 | ||
| Q4 24 | $0.02 | $-1.34 | ||
| Q3 24 | $0.07 | $-1.40 | ||
| Q2 24 | $0.07 | $-1.52 | ||
| Q1 24 | $0.05 | $-2.03 |
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 | $28.4M | $421.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $-80.0M |
| 总资产 | $3.2B | $1.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $28.4M | $421.0M | ||
| Q3 25 | $35.7M | $202.5M | ||
| Q2 25 | $26.4M | $176.3M | ||
| Q1 25 | $39.1M | $127.1M | ||
| Q4 24 | $67.5M | $174.0M | ||
| Q3 24 | $16.5M | $150.6M | ||
| Q2 24 | $3.6M | $480.7M | ||
| Q1 24 | $10.7M | $112.3M |
| Q4 25 | $1.1B | $-80.0M | ||
| Q3 25 | $1.1B | $9.2M | ||
| Q2 25 | $1.1B | $151.3M | ||
| Q1 25 | $1.0B | $144.2M | ||
| Q4 24 | $998.4M | $255.0M | ||
| Q3 24 | $979.4M | $346.8M | ||
| Q2 24 | $949.4M | $432.4M | ||
| Q1 24 | $928.7M | $140.3M |
| Q4 25 | $3.2B | $1.5B | ||
| Q3 25 | $3.1B | $1.2B | ||
| Q2 25 | $3.1B | $1.3B | ||
| Q1 25 | $3.1B | $1.3B | ||
| Q4 24 | $3.1B | $1.5B | ||
| Q3 24 | $3.0B | $1.5B | ||
| Q2 24 | $3.0B | $1.6B | ||
| Q1 24 | $2.9B | $1.3B |
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 | $60.0M | $-99.8M |
| 自由现金流经营现金流 - 资本支出 | $-16.8M | $-100.8M |
| 自由现金流率自由现金流/营收 | -6.4% | -48.6% |
| 资本支出强度资本支出/营收 | 29.4% | 0.5% |
| 现金转化率经营现金流/净利润 | 2.99× | — |
| 过去12个月自由现金流最近4个季度 | $30.3M | $-472.0M |
8季度趋势，按日历期对齐
| Q4 25 | $60.0M | $-99.8M | ||
| Q3 25 | $91.4M | $-91.4M | ||
| Q2 25 | $46.8M | $-108.3M | ||
| Q1 25 | $87.5M | $-166.5M | ||
| Q4 24 | $49.8M | $-79.3M | ||
| Q3 24 | $80.0M | $-67.0M | ||
| Q2 24 | $60.9M | $-77.0M | ||
| Q1 24 | $58.0M | $-190.7M |
| Q4 25 | $-16.8M | $-100.8M | ||
| Q3 25 | $25.8M | $-92.7M | ||
| Q2 25 | $-11.2M | $-110.7M | ||
| Q1 25 | $32.5M | $-167.8M | ||
| Q4 24 | $-20.4M | $-79.5M | ||
| Q3 24 | $-16.8M | $-68.6M | ||
| Q2 24 | $-20.4M | $-79.0M | ||
| Q1 24 | $-23.9M | $-193.9M |
| Q4 25 | -6.4% | -48.6% | ||
| Q3 25 | 9.8% | -58.0% | ||
| Q2 25 | -4.2% | -66.5% | ||
| Q1 25 | 12.4% | -120.5% | ||
| Q4 24 | -8.1% | -48.3% | ||
| Q3 24 | -6.8% | -49.2% | ||
| Q2 24 | -8.0% | -53.7% | ||
| Q1 24 | -10.0% | -178.2% |
| Q4 25 | 29.4% | 0.5% | ||
| Q3 25 | 24.9% | 0.8% | ||
| Q2 25 | 21.9% | 1.5% | ||
| Q1 25 | 21.1% | 1.0% | ||
| Q4 24 | 27.9% | 0.1% | ||
| Q3 24 | 38.8% | 1.2% | ||
| Q2 24 | 31.9% | 1.4% | ||
| Q1 24 | 34.2% | 3.0% |
| Q4 25 | 2.99× | — | ||
| Q3 25 | 3.33× | — | ||
| Q2 25 | 1.64× | — | ||
| Q1 25 | 3.24× | — | ||
| Q4 24 | 5.43× | — | ||
| Q3 24 | 3.58× | — | ||
| Q2 24 | 2.76× | — | ||
| Q1 24 | 3.49× | — |
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
MCW
| Transferred Over Time | $205.7M | 79% |
| Transferred At Point In Time | $55.2M | 21% |
RARE
| Royalty | $105.6M | 51% |
| Products | $101.7M | 49% |
