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摩丁制造（MOD）与Regency Centers（REG）财务数据对比。点击上方公司名可切换其他公司
摩丁制造的季度营收约是Regency Centers的2.0倍（$805.0M vs $404.2M），Regency Centers净利率更高（50.1% vs -5.9%，领先56.0%），摩丁制造同比增速更快（30.5% vs 8.5%），过去两年摩丁制造的营收复合增速更高（15.5% vs 5.4%）
摩丁制造是1916年成立于美国的热管理企业。创始人亚瑟·B·摩丁获拖拉机Spirex散热器专利后创立公司，曾为福特T型车生产Turbotube散热器，1941年在威斯康星州拉辛建成全球首个车用风洞，二战期间为P-51野马战斗机供应后冷却器。
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
MOD vs REG — 直观对比
营收规模更大
MOD
是对方的2.0倍
$404.2M
营收增速更快
MOD
高出22.0%
8.5%
净利率更高
REG
高出56.0%
-5.9%
两年增速更快
MOD
近两年复合增速
5.4%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $805.0M | $404.2M |
| 净利润 | $-47.4M | $202.5M |
| 毛利率 | 23.1% | — |
| 营业利润率 | 11.1% | 71.0% |
| 净利率 | -5.9% | 50.1% |
| 营收同比 | 30.5% | 8.5% |
| 净利润同比 | -215.6% | 134.1% |
| 每股收益（稀释后） | $-0.90 | — |
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MODREG
| Q4 25 | $805.0M | $404.2M | ||
| Q3 25 | $738.9M | $387.6M | ||
| Q2 25 | $682.8M | $380.8M | ||
| Q1 25 | $647.2M | $380.9M | ||
| Q4 24 | $616.8M | $372.5M | ||
| Q3 24 | $658.0M | $360.3M | ||
| Q2 24 | $661.5M | $357.3M | ||
| Q1 24 | $603.5M | $363.9M |
净利润MODREG
| Q4 25 | $-47.4M | $202.5M | ||
| Q3 25 | $44.4M | $109.4M | ||
| Q2 25 | $51.2M | $106.0M | ||
| Q1 25 | $49.6M | $109.6M | ||
| Q4 24 | $41.0M | $86.5M | ||
| Q3 24 | $46.1M | $101.5M | ||
| Q2 24 | $47.3M | $102.7M | ||
| Q1 24 | $25.8M | $109.8M |
毛利率MODREG
| Q4 25 | 23.1% | — | ||
| Q3 25 | 22.3% | — | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 25.6% | — | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 25.2% | — | ||
| Q2 24 | 24.6% | — | ||
| Q1 24 | 22.4% | — |
营业利润率MODREG
| Q4 25 | 11.1% | 71.0% | ||
| Q3 25 | 9.9% | 72.7% | ||
| Q2 25 | 11.1% | 73.8% | ||
| Q1 25 | 11.5% | 71.8% | ||
| Q4 24 | 9.6% | 71.1% | ||
| Q3 24 | 11.4% | 72.5% | ||
| Q2 24 | 11.2% | 72.3% | ||
| Q1 24 | 7.8% | 72.3% |
净利率MODREG
| Q4 25 | -5.9% | 50.1% | ||
| Q3 25 | 6.0% | 28.2% | ||
| Q2 25 | 7.5% | 27.8% | ||
| Q1 25 | 7.7% | 28.8% | ||
| Q4 24 | 6.6% | 23.2% | ||
| Q3 24 | 7.0% | 28.2% | ||
| Q2 24 | 7.2% | 28.7% | ||
| Q1 24 | 4.3% | 30.2% |
每股收益（稀释后）MODREG
| Q4 25 | $-0.90 | — | ||
| Q3 25 | $0.83 | — | ||
| Q2 25 | $0.95 | — | ||
| Q1 25 | $0.92 | — | ||
| Q4 24 | $0.76 | — | ||
| Q3 24 | $0.86 | — | ||
| Q2 24 | $0.88 | — | ||
| Q1 24 | $0.48 | — |
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 | $98.7M | — |
| 总债务越低越好 | $570.7M | $4.7B |
| 股东权益账面价值 | $1.1B | $6.9B |
| 总资产 | $2.5B | $13.0B |
| 负债/权益比越低杠杆越低 | 0.51× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资MODREG
| Q4 25 | $98.7M | — | ||
| Q3 25 | $83.8M | — | ||
| Q2 25 | $124.5M | — | ||
| Q1 25 | $71.6M | — | ||
| Q4 24 | $83.8M | — | ||
| Q3 24 | $78.6M | — | ||
| Q2 24 | $72.9M | — | ||
| Q1 24 | $60.1M | — |
总债务MODREG
| Q4 25 | $570.7M | $4.7B | ||
| Q3 25 | $525.8M | $4.9B | ||
| Q2 25 | $482.1M | $4.8B | ||
| Q1 25 | $296.7M | $4.6B | ||
| Q4 24 | $330.0M | $4.4B | ||
| Q3 24 | $359.1M | $4.4B | ||
| Q2 24 | $405.7M | $4.4B | ||
| Q1 24 | $399.9M | $4.4B |
股东权益MODREG
| Q4 25 | $1.1B | $6.9B | ||
| Q3 25 | $1.1B | $6.8B | ||
| Q2 25 | $1.0B | $6.7B | ||
| Q1 25 | $910.2M | $6.7B | ||
| Q4 24 | $855.1M | $6.7B | ||
| Q3 24 | $858.8M | $6.8B | ||
| Q2 24 | $788.4M | $6.8B | ||
| Q1 24 | $747.6M | $7.0B |
总资产MODREG
| Q4 25 | $2.5B | $13.0B | ||
| Q3 25 | $2.4B | $13.1B | ||
| Q2 25 | $2.2B | $12.7B | ||
| Q1 25 | $1.9B | $12.6B | ||
| Q4 24 | $1.8B | $12.4B | ||
| Q3 24 | $1.9B | $12.4B | ||
| Q2 24 | $1.9B | $12.4B | ||
| Q1 24 | $1.9B | $12.7B |
负债/权益比MODREG
| Q4 25 | 0.51× | 0.69× | ||
| Q3 25 | 0.50× | 0.72× | ||
| Q2 25 | 0.48× | 0.72× | ||
| Q1 25 | 0.33× | 0.69× | ||
| Q4 24 | 0.39× | 0.66× | ||
| Q3 24 | 0.42× | 0.65× | ||
| Q2 24 | 0.51× | 0.64× | ||
| Q1 24 | 0.53× | 0.63× |
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 | $24.7M | $203.9M |
| 自由现金流经营现金流 - 资本支出 | $-17.1M | — |
| 自由现金流率自由现金流/营收 | -2.1% | — |
| 资本支出强度资本支出/营收 | 5.2% | — |
| 现金转化率经营现金流/净利润 | — | 1.01× |
| 过去12个月自由现金流最近4个季度 | $-20.3M | — |
8季度趋势，按日历期对齐
经营现金流MODREG
| Q4 25 | $24.7M | $203.9M | ||
| Q3 25 | $1.4M | $218.7M | ||
| Q2 25 | $27.7M | $244.0M | ||
| Q1 25 | $54.8M | $161.0M | ||
| Q4 24 | $60.7M | $191.4M | ||
| Q3 24 | $57.3M | $227.6M | ||
| Q2 24 | $40.5M | $203.5M | ||
| Q1 24 | $39.6M | $167.8M |
自由现金流MODREG
| Q4 25 | $-17.1M | — | ||
| Q3 25 | $-30.5M | — | ||
| Q2 25 | $200.0K | — | ||
| Q1 25 | $27.1M | — | ||
| Q4 24 | $44.7M | — | ||
| Q3 24 | $43.8M | — | ||
| Q2 24 | $13.7M | — | ||
| Q1 24 | $-4.3M | — |
自由现金流率MODREG
| Q4 25 | -2.1% | — | ||
| Q3 25 | -4.1% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | 7.2% | — | ||
| Q3 24 | 6.7% | — | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | -0.7% | — |
资本支出强度MODREG
| Q4 25 | 5.2% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 4.0% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 4.1% | — | ||
| Q1 24 | 7.3% | — |
现金转化率MODREG
| Q4 25 | — | 1.01× | ||
| Q3 25 | 0.03× | 2.00× | ||
| Q2 25 | 0.54× | 2.30× | ||
| Q1 25 | 1.10× | 1.47× | ||
| Q4 24 | 1.48× | 2.21× | ||
| Q3 24 | 1.24× | 2.24× | ||
| Q2 24 | 0.86× | 1.98× | ||
| Q1 24 | 1.53× | 1.53× |
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
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
