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MAGNITE, INC.（MGNI）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是MAGNITE, INC.的1.1倍（$225.0M vs $205.4M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 5.9%），MAGNITE, INC.自由现金流更多（$103.1M vs $26.2M），过去两年MAGNITE, INC.的营收复合增速更高（17.3% vs -12.3%）
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。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
MGNI vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.1倍
$205.4M
营收增速更快
ROCK
高出19.1%
5.9%
自由现金流更多
MGNI
多$76.8M
$26.2M
两年增速更快
MGNI
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $205.4M | $225.0M |
| 净利润 | $123.0M | — |
| 毛利率 | 66.2% | 25.3% |
| 营业利润率 | 25.3% | 7.9% |
| 净利率 | 59.9% | — |
| 营收同比 | 5.9% | 24.9% |
| 净利润同比 | 238.0% | — |
| 每股收益（稀释后） | $0.81 | — |
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MGNIROCK
| Q4 25 | $205.4M | $225.0M | ||
| Q3 25 | $179.5M | $310.9M | ||
| Q2 25 | $173.3M | $309.5M | ||
| Q1 25 | $155.8M | $290.0M | ||
| Q4 24 | $194.0M | $180.1M | ||
| Q3 24 | $162.0M | $277.1M | ||
| Q2 24 | $162.9M | $273.6M | ||
| Q1 24 | $149.3M | $292.5M |
净利润MGNIROCK
| Q4 25 | $123.0M | — | ||
| Q3 25 | $20.1M | $-89.1M | ||
| Q2 25 | $11.1M | $26.0M | ||
| Q1 25 | $-9.6M | $21.1M | ||
| Q4 24 | $36.4M | — | ||
| Q3 24 | $5.2M | $34.0M | ||
| Q2 24 | $-1.1M | $32.2M | ||
| Q1 24 | $-17.8M | $24.9M |
毛利率MGNIROCK
| Q4 25 | 66.2% | 25.3% | ||
| Q3 25 | 61.4% | 26.6% | ||
| Q2 25 | 62.5% | 28.4% | ||
| Q1 25 | 59.7% | 26.8% | ||
| Q4 24 | 65.1% | 29.0% | ||
| Q3 24 | 61.4% | 29.4% | ||
| Q2 24 | 61.6% | 30.5% | ||
| Q1 24 | 55.9% | 28.9% |
营业利润率MGNIROCK
| Q4 25 | 25.3% | 7.9% | ||
| Q3 25 | 14.0% | 12.8% | ||
| Q2 25 | 12.7% | 12.8% | ||
| Q1 25 | -0.9% | 8.8% | ||
| Q4 24 | 20.7% | 13.3% | ||
| Q3 24 | 9.3% | 15.6% | ||
| Q2 24 | 5.9% | 14.9% | ||
| Q1 24 | -9.3% | 10.8% |
净利率MGNIROCK
| Q4 25 | 59.9% | — | ||
| Q3 25 | 11.2% | -28.6% | ||
| Q2 25 | 6.4% | 8.4% | ||
| Q1 25 | -6.2% | 7.3% | ||
| Q4 24 | 18.8% | — | ||
| Q3 24 | 3.2% | 12.3% | ||
| Q2 24 | -0.7% | 11.8% | ||
| Q1 24 | -11.9% | 8.5% |
每股收益（稀释后）MGNIROCK
| Q4 25 | $0.81 | — | ||
| Q3 25 | $0.13 | $-2.98 | ||
| Q2 25 | $0.08 | $0.87 | ||
| Q1 25 | $-0.07 | — | ||
| Q4 24 | $0.26 | — | ||
| Q3 24 | $0.04 | $1.11 | ||
| Q2 24 | $-0.01 | $1.05 | ||
| Q1 24 | $-0.13 | — |
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 | $115.7M |
| 总债务越低越好 | $556.1M | $0 |
| 股东权益账面价值 | $922.4M | $950.4M |
| 总资产 | $3.2B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.60× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资MGNIROCK
| Q4 25 | $553.4M | $115.7M | ||
| Q3 25 | $482.1M | $89.4M | ||
| Q2 25 | $426.0M | $43.3M | ||
| Q1 25 | $429.7M | $25.1M | ||
| Q4 24 | $483.2M | $269.5M | ||
| Q3 24 | $387.2M | $228.9M | ||
| Q2 24 | $326.5M | $179.1M | ||
| Q1 24 | $252.8M | $146.7M |
总债务MGNIROCK
| Q4 25 | $556.1M | $0 | ||
| Q3 25 | $556.3M | $0 | ||
| Q2 25 | $556.4M | $0 | ||
| Q1 25 | $556.6M | $0 | ||
| Q4 24 | $553.7M | $0 | ||
| Q3 24 | $553.8M | $0 | ||
| Q2 24 | $552.7M | $0 | ||
| Q1 24 | $552.7M | $0 |
股东权益MGNIROCK
| Q4 25 | $922.4M | $950.4M | ||
| Q3 25 | $808.0M | $951.8M | ||
| Q2 25 | $768.5M | $1.0B | ||
| Q1 25 | $741.8M | $1.0B | ||
| Q4 24 | $768.2M | $1.0B | ||
| Q3 24 | $725.9M | $1.0B | ||
| Q2 24 | $713.0M | $975.7M | ||
| Q1 24 | $695.4M | $940.2M |
总资产MGNIROCK
| Q4 25 | $3.2B | $1.4B | ||
| Q3 25 | $2.9B | $1.4B | ||
| Q2 25 | $2.9B | $1.5B | ||
| Q1 25 | $2.7B | $1.4B | ||
| Q4 24 | $2.9B | $1.4B | ||
| Q3 24 | $2.7B | $1.4B | ||
| Q2 24 | $2.6B | $1.4B | ||
| Q1 24 | $2.5B | $1.3B |
负债/权益比MGNIROCK
| Q4 25 | 0.60× | 0.00× | ||
| Q3 25 | 0.69× | 0.00× | ||
| Q2 25 | 0.72× | 0.00× | ||
| Q1 25 | 0.75× | 0.00× | ||
| Q4 24 | 0.72× | 0.00× | ||
| Q3 24 | 0.76× | 0.00× | ||
| Q2 24 | 0.78× | 0.00× | ||
| Q1 24 | 0.79× | 0.00× |
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 | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $103.1M | $26.2M |
| 自由现金流率自由现金流/营收 | 50.2% | 11.7% |
| 资本支出强度资本支出/营收 | 12.4% | 4.1% |
| 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 | $120.6M |
8季度趋势，按日历期对齐
经营现金流MGNIROCK
| Q4 25 | $128.5M | $35.5M | ||
| Q3 25 | $86.6M | $73.0M | ||
| Q2 25 | $18.5M | $44.9M | ||
| Q1 25 | $2.6M | $13.7M | ||
| Q4 24 | $114.7M | $19.9M | ||
| Q3 24 | $91.3M | $64.7M | ||
| Q2 24 | $89.6M | $36.5M | ||
| Q1 24 | $-60.4M | $53.2M |
自由现金流MGNIROCK
| Q4 25 | $103.1M | $26.2M | ||
| Q3 25 | $68.4M | $64.8M | ||
| Q2 25 | $6.0M | $27.3M | ||
| Q1 25 | $-11.8M | $2.3M | ||
| Q4 24 | $111.0M | $14.1M | ||
| Q3 24 | $77.3M | $60.5M | ||
| Q2 24 | $80.4M | $33.5M | ||
| Q1 24 | $-66.3M | $48.8M |
自由现金流率MGNIROCK
| Q4 25 | 50.2% | 11.7% | ||
| Q3 25 | 38.1% | 20.8% | ||
| Q2 25 | 3.5% | 8.8% | ||
| Q1 25 | -7.6% | 0.8% | ||
| Q4 24 | 57.2% | 7.8% | ||
| Q3 24 | 47.7% | 21.8% | ||
| Q2 24 | 49.4% | 12.2% | ||
| Q1 24 | -44.4% | 16.7% |
资本支出强度MGNIROCK
| Q4 25 | 12.4% | 4.1% | ||
| Q3 25 | 10.2% | 2.6% | ||
| Q2 25 | 7.2% | 5.7% | ||
| Q1 25 | 9.2% | 3.9% | ||
| Q4 24 | 1.9% | 3.3% | ||
| Q3 24 | 8.7% | 1.5% | ||
| Q2 24 | 5.6% | 1.1% | ||
| Q1 24 | 3.9% | 1.5% |
现金转化率MGNIROCK
| Q4 25 | 1.04× | — | ||
| Q3 25 | 4.32× | — | ||
| Q2 25 | 1.66× | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | 3.15× | — | ||
| Q3 24 | 17.52× | 1.90× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 2.13× |
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
MGNI
| Connected Television | $103.4M | 50% |
| Other | $55.7M | 27% |
| Desktop | $28.9M | 14% |
| Gross Revenue | $17.4M | 8% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
