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MCGRATH RENTCORP（MGRC）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
Ultragenyx Pharmaceutical Inc.的季度营收约是MCGRATH RENTCORP的1.0倍（$207.3M vs $198.5M），MCGRATH RENTCORP净利率更高（13.6% vs -62.0%，领先75.6%），Ultragenyx Pharmaceutical Inc.同比增速更快（25.9% vs -12.6%），过去两年Ultragenyx Pharmaceutical Inc.的营收复合增速更高（38.0% vs -3.4%）
麦格拉思租赁公司是主营北美市场的B2B租赁服务商，核心业务包括可搬迁模块化办公与教学建筑、便携式存储单元及电子测试测量设备租赁，服务覆盖建筑、教育、工业、科技等多个行业领域。
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。
MGRC vs RARE — 直观对比
营收规模更大
RARE
是对方的1.0倍
$198.5M
营收增速更快
RARE
高出38.5%
-12.6%
净利率更高
MGRC
高出75.6%
-62.0%
两年增速更快
RARE
近两年复合增速
-3.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $198.5M | $207.3M |
| 净利润 | $27.0M | $-128.6M |
| 毛利率 | 48.8% | — |
| 营业利润率 | 21.9% | -54.7% |
| 净利率 | 13.6% | -62.0% |
| 营收同比 | -12.6% | 25.9% |
| 净利润同比 | -4.2% | 3.5% |
| 每股收益（稀释后） | $1.10 | $-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
营收MGRCRARE
| Q1 26 | $198.5M | — | ||
| Q4 25 | $256.8M | $207.3M | ||
| Q3 25 | $256.4M | $159.9M | ||
| Q2 25 | $235.6M | $166.5M | ||
| Q1 25 | $195.4M | $139.3M | ||
| Q4 24 | $243.7M | $164.6M | ||
| Q3 24 | $266.8M | $139.5M | ||
| Q2 24 | $212.6M | $147.0M |
净利润MGRCRARE
| Q1 26 | $27.0M | — | ||
| Q4 25 | $49.8M | $-128.6M | ||
| Q3 25 | $42.3M | $-180.4M | ||
| Q2 25 | $36.0M | $-115.0M | ||
| Q1 25 | $28.2M | $-151.1M | ||
| Q4 24 | $38.9M | $-133.2M | ||
| Q3 24 | $149.3M | $-133.5M | ||
| Q2 24 | $20.6M | $-131.6M |
毛利率MGRCRARE
| Q1 26 | 48.8% | — | ||
| Q4 25 | 50.1% | — | ||
| Q3 25 | 46.5% | — | ||
| Q2 25 | 47.0% | — | ||
| Q1 25 | 49.3% | — | ||
| Q4 24 | 47.1% | — | ||
| Q3 24 | 46.5% | — | ||
| Q2 24 | 48.6% | — |
营业利润率MGRCRARE
| Q1 26 | 21.9% | — | ||
| Q4 25 | 28.9% | -54.7% | ||
| Q3 25 | 26.0% | -106.9% | ||
| Q2 25 | 24.3% | -64.8% | ||
| Q1 25 | 23.3% | -102.6% | ||
| Q4 24 | 25.9% | -74.3% | ||
| Q3 24 | 28.0% | -94.6% | ||
| Q2 24 | 25.6% | -79.1% |
净利率MGRCRARE
| Q1 26 | 13.6% | — | ||
| Q4 25 | 19.4% | -62.0% | ||
| Q3 25 | 16.5% | -112.8% | ||
| Q2 25 | 15.3% | -69.0% | ||
| Q1 25 | 14.4% | -108.5% | ||
| Q4 24 | 16.0% | -80.9% | ||
| Q3 24 | 56.0% | -95.7% | ||
| Q2 24 | 9.7% | -89.5% |
每股收益（稀释后）MGRCRARE
| Q1 26 | $1.10 | — | ||
| Q4 25 | $2.02 | $-1.28 | ||
| Q3 25 | $1.72 | $-1.81 | ||
| Q2 25 | $1.46 | $-1.17 | ||
| Q1 25 | $1.15 | $-1.57 | ||
| Q4 24 | $1.58 | $-1.34 | ||
| Q3 24 | $6.08 | $-1.40 | ||
| Q2 24 | $0.84 | $-1.52 |
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 | — | $421.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $-80.0M |
| 总资产 | $2.4B | $1.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MGRCRARE
| Q1 26 | — | — | ||
| Q4 25 | $295.0K | $421.0M | ||
| Q3 25 | $7.3M | $202.5M | ||
| Q2 25 | $1.5M | $176.3M | ||
| Q1 25 | $3.4M | $127.1M | ||
| Q4 24 | $807.0K | $174.0M | ||
| Q3 24 | $4.1M | $150.6M | ||
| Q2 24 | $9.4M | $480.7M |
股东权益MGRCRARE
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $-80.0M | ||
| Q3 25 | $1.2B | $9.2M | ||
| Q2 25 | $1.2B | $151.3M | ||
| Q1 25 | $1.1B | $144.2M | ||
| Q4 24 | $1.1B | $255.0M | ||
| Q3 24 | $1.1B | $346.8M | ||
| Q2 24 | $954.2M | $432.4M |
总资产MGRCRARE
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | $1.5B | ||
| Q3 25 | $2.4B | $1.2B | ||
| Q2 25 | $2.3B | $1.3B | ||
| Q1 25 | $2.2B | $1.3B | ||
| Q4 24 | $2.3B | $1.5B | ||
| Q3 24 | $2.3B | $1.5B | ||
| Q2 24 | $2.3B | $1.6B |
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 | $42.4M | $-99.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-100.8M |
| 自由现金流率自由现金流/营收 | — | -48.6% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 现金转化率经营现金流/净利润 | 1.57× | — |
| 过去12个月自由现金流最近4个季度 | — | $-472.0M |
8季度趋势，按日历期对齐
经营现金流MGRCRARE
| Q1 26 | $42.4M | — | ||
| Q4 25 | $80.9M | $-99.8M | ||
| Q3 25 | $65.1M | $-91.4M | ||
| Q2 25 | $55.8M | $-108.3M | ||
| Q1 25 | $53.9M | $-166.5M | ||
| Q4 24 | $36.8M | $-79.3M | ||
| Q3 24 | $199.0M | $-67.0M | ||
| Q2 24 | $79.2M | $-77.0M |
自由现金流MGRCRARE
| Q1 26 | — | — | ||
| Q4 25 | $69.8M | $-100.8M | ||
| Q3 25 | $53.5M | $-92.7M | ||
| Q2 25 | $38.2M | $-110.7M | ||
| Q1 25 | $49.9M | $-167.8M | ||
| Q4 24 | $32.6M | $-79.5M | ||
| Q3 24 | $193.0M | $-68.6M | ||
| Q2 24 | $74.4M | $-79.0M |
自由现金流率MGRCRARE
| Q1 26 | — | — | ||
| Q4 25 | 27.2% | -48.6% | ||
| Q3 25 | 20.8% | -58.0% | ||
| Q2 25 | 16.2% | -66.5% | ||
| Q1 25 | 25.5% | -120.5% | ||
| Q4 24 | 13.4% | -48.3% | ||
| Q3 24 | 72.4% | -49.2% | ||
| Q2 24 | 35.0% | -53.7% |
资本支出强度MGRCRARE
| Q1 26 | — | — | ||
| Q4 25 | 4.3% | 0.5% | ||
| Q3 25 | 4.5% | 0.8% | ||
| Q2 25 | 7.5% | 1.5% | ||
| Q1 25 | 2.0% | 1.0% | ||
| Q4 24 | 1.7% | 0.1% | ||
| Q3 24 | 2.2% | 1.2% | ||
| Q2 24 | 2.3% | 1.4% |
现金转化率MGRCRARE
| Q1 26 | 1.57× | — | ||
| Q4 25 | 1.62× | — | ||
| Q3 25 | 1.54× | — | ||
| Q2 25 | 1.55× | — | ||
| Q1 25 | 1.91× | — | ||
| Q4 24 | 0.94× | — | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 3.84× | — |
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
MGRC
| Rental | $126.7M | 64% |
| Rental related services | $35.6M | 18% |
| Sales | $34.0M | 17% |
RARE
| Royalty | $105.6M | 51% |
| Products | $101.7M | 49% |
