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MAGNITE, INC.（MGNI）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
MAGNITE, INC.的季度营收约是STURM RUGER & CO INC的1.4倍（$205.4M vs $151.1M），MAGNITE, INC.同比增速更快（5.9% vs 3.6%），MAGNITE, INC.自由现金流更多（$103.1M vs $12.3M），过去两年MAGNITE, INC.的营收复合增速更高（17.3% vs 5.1%）
Magnite是总部位于美国加利福尼亚州洛杉矶的在线广告技术企业，由Rubicon Project与Telaria于2020年合并成立，专注于广告技术领域的相关业务，为行业提供数字化广告技术解决方案。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
MGNI vs RGR — 直观对比
营收规模更大
MGNI
是对方的1.4倍
$151.1M
营收增速更快
MGNI
高出2.2%
3.6%
自由现金流更多
MGNI
多$90.7M
$12.3M
两年增速更快
MGNI
近两年复合增速
5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $205.4M | $151.1M |
| 净利润 | $123.0M | — |
| 毛利率 | 66.2% | 17.8% |
| 营业利润率 | 25.3% | 2.3% |
| 净利率 | 59.9% | — |
| 营收同比 | 5.9% | 3.6% |
| 净利润同比 | 238.0% | — |
| 每股收益（稀释后） | $0.81 | $0.22 |
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MGNIRGR
| Q4 25 | $205.4M | $151.1M | ||
| Q3 25 | $179.5M | $126.8M | ||
| Q2 25 | $173.3M | $132.5M | ||
| Q1 25 | $155.8M | $135.7M | ||
| Q4 24 | $194.0M | $145.8M | ||
| Q3 24 | $162.0M | $122.3M | ||
| Q2 24 | $162.9M | $130.8M | ||
| Q1 24 | $149.3M | $136.8M |
净利润MGNIRGR
| Q4 25 | $123.0M | — | ||
| Q3 25 | $20.1M | $1.6M | ||
| Q2 25 | $11.1M | $-17.2M | ||
| Q1 25 | $-9.6M | $7.8M | ||
| Q4 24 | $36.4M | — | ||
| Q3 24 | $5.2M | $4.7M | ||
| Q2 24 | $-1.1M | $8.3M | ||
| Q1 24 | $-17.8M | $7.1M |
毛利率MGNIRGR
| Q4 25 | 66.2% | 17.8% | ||
| Q3 25 | 61.4% | 15.1% | ||
| Q2 25 | 62.5% | 3.9% | ||
| Q1 25 | 59.7% | 22.0% | ||
| Q4 24 | 65.1% | 22.8% | ||
| Q3 24 | 61.4% | 18.5% | ||
| Q2 24 | 61.6% | 22.3% | ||
| Q1 24 | 55.9% | 21.5% |
营业利润率MGNIRGR
| Q4 25 | 25.3% | 2.3% | ||
| Q3 25 | 14.0% | -2.7% | ||
| Q2 25 | 12.7% | -15.6% | ||
| Q1 25 | -0.9% | 6.2% | ||
| Q4 24 | 20.7% | 7.8% | ||
| Q3 24 | 9.3% | 3.1% | ||
| Q2 24 | 5.9% | 6.9% | ||
| Q1 24 | -9.3% | 5.5% |
净利率MGNIRGR
| Q4 25 | 59.9% | — | ||
| Q3 25 | 11.2% | 1.2% | ||
| Q2 25 | 6.4% | -13.0% | ||
| Q1 25 | -6.2% | 5.7% | ||
| Q4 24 | 18.8% | — | ||
| Q3 24 | 3.2% | 3.9% | ||
| Q2 24 | -0.7% | 6.3% | ||
| Q1 24 | -11.9% | 5.2% |
每股收益（稀释后）MGNIRGR
| Q4 25 | $0.81 | $0.22 | ||
| Q3 25 | $0.13 | $0.10 | ||
| Q2 25 | $0.08 | $-1.05 | ||
| Q1 25 | $-0.07 | $0.46 | ||
| Q4 24 | $0.26 | $0.62 | ||
| Q3 24 | $0.04 | $0.28 | ||
| Q2 24 | $-0.01 | $0.47 | ||
| Q1 24 | $-0.13 | $0.40 |
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 | $553.4M | $92.5M |
| 总债务越低越好 | $556.1M | — |
| 股东权益账面价值 | $922.4M | $283.8M |
| 总资产 | $3.2B | $342.0M |
| 负债/权益比越低杠杆越低 | 0.60× | — |
8季度趋势，按日历期对齐
现金及短期投资MGNIRGR
| Q4 25 | $553.4M | $92.5M | ||
| Q3 25 | $482.1M | $80.8M | ||
| Q2 25 | $426.0M | $101.4M | ||
| Q1 25 | $429.7M | $108.3M | ||
| Q4 24 | $483.2M | $105.5M | ||
| Q3 24 | $387.2M | $96.0M | ||
| Q2 24 | $326.5M | $105.6M | ||
| Q1 24 | $252.8M | $115.3M |
总债务MGNIRGR
| Q4 25 | $556.1M | — | ||
| Q3 25 | $556.3M | — | ||
| Q2 25 | $556.4M | — | ||
| Q1 25 | $556.6M | — | ||
| Q4 24 | $553.7M | — | ||
| Q3 24 | $553.8M | — | ||
| Q2 24 | $552.7M | — | ||
| Q1 24 | $552.7M | — |
股东权益MGNIRGR
| Q4 25 | $922.4M | $283.8M | ||
| Q3 25 | $808.0M | $279.6M | ||
| Q2 25 | $768.5M | $289.3M | ||
| Q1 25 | $741.8M | $321.5M | ||
| Q4 24 | $768.2M | $319.6M | ||
| Q3 24 | $725.9M | $314.9M | ||
| Q2 24 | $713.0M | $321.5M | ||
| Q1 24 | $695.4M | $332.0M |
总资产MGNIRGR
| Q4 25 | $3.2B | $342.0M | ||
| Q3 25 | $2.9B | $342.3M | ||
| Q2 25 | $2.9B | $349.5M | ||
| Q1 25 | $2.7B | $379.0M | ||
| Q4 24 | $2.9B | $384.0M | ||
| Q3 24 | $2.7B | $373.5M | ||
| Q2 24 | $2.6B | $376.7M | ||
| Q1 24 | $2.5B | $385.0M |
负债/权益比MGNIRGR
| Q4 25 | 0.60× | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.76× | — | ||
| Q2 24 | 0.78× | — | ||
| Q1 24 | 0.79× | — |
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 | $128.5M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $103.1M | $12.3M |
| 自由现金流率自由现金流/营收 | 50.2% | 8.2% |
| 资本支出强度资本支出/营收 | 12.4% | 2.1% |
| 现金转化率经营现金流/净利润 | 1.04× | — |
| 过去12个月自由现金流最近4个季度 | $165.6M | $38.5M |
8季度趋势，按日历期对齐
经营现金流MGNIRGR
| Q4 25 | $128.5M | $15.5M | ||
| Q3 25 | $86.6M | $12.9M | ||
| Q2 25 | $18.5M | $14.7M | ||
| Q1 25 | $2.6M | $11.1M | ||
| Q4 24 | $114.7M | $20.0M | ||
| Q3 24 | $91.3M | $9.4M | ||
| Q2 24 | $89.6M | $18.7M | ||
| Q1 24 | $-60.4M | $7.3M |
自由现金流MGNIRGR
| Q4 25 | $103.1M | $12.3M | ||
| Q3 25 | $68.4M | $7.0M | ||
| Q2 25 | $6.0M | $9.1M | ||
| Q1 25 | $-11.8M | $10.0M | ||
| Q4 24 | $111.0M | $16.4M | ||
| Q3 24 | $77.3M | $2.6M | ||
| Q2 24 | $80.4M | $10.1M | ||
| Q1 24 | $-66.3M | $5.6M |
自由现金流率MGNIRGR
| Q4 25 | 50.2% | 8.2% | ||
| Q3 25 | 38.1% | 5.5% | ||
| Q2 25 | 3.5% | 6.9% | ||
| Q1 25 | -7.6% | 7.4% | ||
| Q4 24 | 57.2% | 11.2% | ||
| Q3 24 | 47.7% | 2.1% | ||
| Q2 24 | 49.4% | 7.7% | ||
| Q1 24 | -44.4% | 4.1% |
资本支出强度MGNIRGR
| Q4 25 | 12.4% | 2.1% | ||
| Q3 25 | 10.2% | 4.6% | ||
| Q2 25 | 7.2% | 4.2% | ||
| Q1 25 | 9.2% | 0.8% | ||
| Q4 24 | 1.9% | 2.5% | ||
| Q3 24 | 8.7% | 5.5% | ||
| Q2 24 | 5.6% | 6.6% | ||
| Q1 24 | 3.9% | 1.3% |
现金转化率MGNIRGR
| Q4 25 | 1.04× | — | ||
| Q3 25 | 4.32× | 8.15× | ||
| Q2 25 | 1.66× | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | 3.15× | — | ||
| Q3 24 | 17.52× | 1.98× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | — | 1.04× |
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
MGNI
| Connected Television | $103.4M | 50% |
| Other | $55.7M | 27% |
| Desktop | $28.9M | 14% |
| Gross Revenue | $17.4M | 8% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
