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MARKEL GROUP INC.（MKL）与Ross Stores（ROST）财务数据对比。点击上方公司名可切换其他公司
Ross Stores的季度营收约是MARKEL GROUP INC.的1.6倍（$5.6B vs $3.6B），MARKEL GROUP INC.净利率更高（16.1% vs 9.1%，领先7.0%），Ross Stores同比增速更快（10.4% vs -6.9%），Ross Stores自由现金流更多（$617.8M vs $599.1M），过去两年Ross Stores的营收复合增速更高（-3.6% vs -10.5%）
Markel集团是总部位于美国弗吉尼亚州里士满的综合性企业集团，1930年最初以保险公司的身份创立，发展至今业务已覆盖保险承保、投资管理等多个板块，在全球相关行业拥有较高的市场知名度与稳定的合作网络。
Ross Stores, Inc.是美国知名折扣百货连锁集团，旗下核心品牌为Ross Dress for Less，总部位于加利福尼亚州都柏林，是美国规模最大的平价零售商。截至2024年7月，集团在全美43个州、华盛顿特区、波多黎各及关岛共运营1795家门店，暂未覆盖新英格兰地区及阿拉斯加，另拥有门店数超353家的折扣零售品牌DD's Discounts。
MKL vs ROST — 直观对比
营收规模更大
ROST
是对方的1.6倍
$3.6B
营收增速更快
ROST
高出17.3%
-6.9%
净利率更高
MKL
高出7.0%
9.1%
自由现金流更多
ROST
多$18.8M
$599.1M
两年增速更快
ROST
近两年复合增速
-10.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.6B | $5.6B |
| 净利润 | $576.8M | $511.9M |
| 毛利率 | — | 28.0% |
| 营业利润率 | 22.2% | 11.6% |
| 净利率 | 16.1% | 9.1% |
| 营收同比 | -6.9% | 10.4% |
| 净利润同比 | 5.0% | 4.7% |
| 每股收益（稀释后） | $48.22 | $1.58 |
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MKLROST
| Q4 25 | $3.6B | $5.6B | ||
| Q3 25 | $3.9B | $5.5B | ||
| Q2 25 | $4.6B | $5.0B | ||
| Q1 25 | $3.4B | $5.9B | ||
| Q4 24 | $3.8B | $5.1B | ||
| Q3 24 | $4.6B | $5.3B | ||
| Q2 24 | $3.7B | $4.9B | ||
| Q1 24 | $4.5B | $6.0B |
净利润MKLROST
| Q4 25 | $576.8M | $511.9M | ||
| Q3 25 | $751.3M | $508.0M | ||
| Q2 25 | $657.1M | $479.2M | ||
| Q1 25 | $121.7M | $586.8M | ||
| Q4 24 | $549.2M | $488.8M | ||
| Q3 24 | $905.0M | $527.1M | ||
| Q2 24 | $267.7M | $488.0M | ||
| Q1 24 | $1.0B | $609.7M |
毛利率MKLROST
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 27.6% | ||
| Q2 25 | — | 28.2% | ||
| Q1 25 | — | 26.5% | ||
| Q4 24 | — | 28.3% | ||
| Q3 24 | — | 28.3% | ||
| Q2 24 | — | 28.1% | ||
| Q1 24 | — | 27.3% |
营业利润率MKLROST
| Q4 25 | 22.2% | 11.6% | ||
| Q3 25 | 25.7% | 11.5% | ||
| Q2 25 | 24.1% | 12.2% | ||
| Q1 25 | 8.3% | 12.4% | ||
| Q4 24 | 15.5% | 11.9% | ||
| Q3 24 | 29.7% | 12.5% | ||
| Q2 24 | 11.1% | 12.2% | ||
| Q1 24 | 29.9% | 13.2% |
净利率MKLROST
| Q4 25 | 16.1% | 9.1% | ||
| Q3 25 | 19.1% | 9.2% | ||
| Q2 25 | 14.3% | 9.6% | ||
| Q1 25 | 3.6% | 9.9% | ||
| Q4 24 | 14.3% | 9.6% | ||
| Q3 24 | 19.6% | 10.0% | ||
| Q2 24 | 7.2% | 10.0% | ||
| Q1 24 | 23.0% | 10.1% |
每股收益（稀释后）MKLROST
| Q4 25 | $48.22 | $1.58 | ||
| Q3 25 | $59.25 | $1.56 | ||
| Q2 25 | $49.67 | $1.47 | ||
| Q1 25 | $12.08 | $1.79 | ||
| Q4 24 | $39.02 | $1.48 | ||
| Q3 24 | $66.25 | $1.59 | ||
| Q2 24 | $18.62 | $1.46 | ||
| Q1 24 | $75.43 | $1.82 |
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 | $4.0B | $4.1B |
| 总债务越低越好 | $4.3B | $1.5B |
| 股东权益账面价值 | $18.6B | $5.9B |
| 总资产 | $68.9B | $15.4B |
| 负债/权益比越低杠杆越低 | 0.23× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资MKLROST
| Q4 25 | $4.0B | $4.1B | ||
| Q3 25 | $4.0B | $3.8B | ||
| Q2 25 | $3.7B | $3.8B | ||
| Q1 25 | $4.2B | $4.7B | ||
| Q4 24 | $3.7B | $4.3B | ||
| Q3 24 | $3.9B | $4.7B | ||
| Q2 24 | $3.5B | $4.7B | ||
| Q1 24 | $3.6B | $4.9B |
总债务MKLROST
| Q4 25 | $4.3B | $1.5B | ||
| Q3 25 | $4.3B | $1.5B | ||
| Q2 25 | $4.4B | $1.5B | ||
| Q1 25 | $4.4B | $2.2B | ||
| Q4 24 | $4.3B | $2.2B | ||
| Q3 24 | $4.4B | $2.5B | ||
| Q2 24 | $4.4B | $2.5B | ||
| Q1 24 | $3.9B | $2.5B |
股东权益MKLROST
| Q4 25 | $18.6B | $5.9B | ||
| Q3 25 | $18.0B | $5.7B | ||
| Q2 25 | $17.3B | $5.6B | ||
| Q1 25 | $17.1B | $5.5B | ||
| Q4 24 | $16.9B | $5.3B | ||
| Q3 24 | $17.0B | $5.1B | ||
| Q2 24 | $15.9B | $4.9B | ||
| Q1 24 | $15.7B | $4.9B |
总资产MKLROST
| Q4 25 | $68.9B | $15.4B | ||
| Q3 25 | $67.4B | $14.5B | ||
| Q2 25 | $66.8B | $14.3B | ||
| Q1 25 | $64.6B | $14.9B | ||
| Q4 24 | $61.9B | $14.9B | ||
| Q3 24 | $62.3B | $14.7B | ||
| Q2 24 | $59.7B | $14.5B | ||
| Q1 24 | $57.3B | $14.3B |
负债/权益比MKLROST
| Q4 25 | 0.23× | 0.26× | ||
| Q3 25 | 0.24× | 0.26× | ||
| Q2 25 | 0.25× | 0.27× | ||
| Q1 25 | 0.26× | 0.40× | ||
| Q4 24 | 0.26× | 0.42× | ||
| Q3 24 | 0.26× | 0.48× | ||
| Q2 24 | 0.28× | 0.50× | ||
| Q1 24 | 0.25× | 0.51× |
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 | $662.2M | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $599.1M | $617.8M |
| 自由现金流率自由现金流/营收 | 16.7% | 11.0% |
| 资本支出强度资本支出/营收 | 1.8% | 3.7% |
| 现金转化率经营现金流/净利润 | 1.15× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $2.6B | $2.0B |
8季度趋势，按日历期对齐
经营现金流MKLROST
| Q4 25 | $662.2M | $827.1M | ||
| Q3 25 | $1.2B | $668.4M | ||
| Q2 25 | $504.4M | $409.7M | ||
| Q1 25 | $376.2M | $882.6M | ||
| Q4 24 | $493.9M | $513.4M | ||
| Q3 24 | $890.8M | $592.1M | ||
| Q2 24 | $578.6M | $368.9M | ||
| Q1 24 | $630.7M | $948.8M |
自由现金流MKLROST
| Q4 25 | $599.1M | $617.8M | ||
| Q3 25 | $1.2B | $466.6M | ||
| Q2 25 | $453.8M | $202.3M | ||
| Q1 25 | $335.5M | $676.6M | ||
| Q4 24 | $420.0M | $333.0M | ||
| Q3 24 | $838.9M | $394.6M | ||
| Q2 24 | $521.4M | $232.7M | ||
| Q1 24 | $558.7M | $726.4M |
自由现金流率MKLROST
| Q4 25 | 16.7% | 11.0% | ||
| Q3 25 | 29.6% | 8.4% | ||
| Q2 25 | 9.9% | 4.1% | ||
| Q1 25 | 9.9% | 11.4% | ||
| Q4 24 | 10.9% | 6.6% | ||
| Q3 24 | 18.2% | 7.5% | ||
| Q2 24 | 14.1% | 4.8% | ||
| Q1 24 | 12.5% | 12.1% |
资本支出强度MKLROST
| Q4 25 | 1.8% | 3.7% | ||
| Q3 25 | 1.3% | 3.6% | ||
| Q2 25 | 1.1% | 4.2% | ||
| Q1 25 | 1.2% | 3.5% | ||
| Q4 24 | 1.9% | 3.6% | ||
| Q3 24 | 1.1% | 3.7% | ||
| Q2 24 | 1.5% | 2.8% | ||
| Q1 24 | 1.6% | 3.7% |
现金转化率MKLROST
| Q4 25 | 1.15× | 1.62× | ||
| Q3 25 | 1.62× | 1.32× | ||
| Q2 25 | 0.77× | 0.85× | ||
| Q1 25 | 3.09× | 1.50× | ||
| Q4 24 | 0.90× | 1.05× | ||
| Q3 24 | 0.98× | 1.12× | ||
| Q2 24 | 2.16× | 0.76× | ||
| Q1 24 | 0.62× | 1.56× |
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
MKL
| Industrial | $1.6B | 45% |
| Consumer And Other | $958.3M | 27% |
| Financial | $737.0M | 21% |
| Other | $198.8M | 6% |
| Corporate Operations | $52.0M | 1% |
| Revenue From Contract With Customer | $10.5M | 0% |
ROST
暂无分部数据
