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Madison Square Garden Sports Corp.（MSGS）与WORTHINGTON ENTERPRISES, INC.（WOR）财务数据对比。点击上方公司名可切换其他公司
Madison Square Garden Sports Corp.的季度营收约是WORTHINGTON ENTERPRISES, INC.的1.2倍（$403.4M vs $327.5M），WORTHINGTON ENTERPRISES, INC.净利率更高（8.3% vs 2.0%，领先6.3%），WORTHINGTON ENTERPRISES, INC.同比增速更快（19.5% vs 12.8%），WORTHINGTON ENTERPRISES, INC.自由现金流更多（$39.1M vs $31.6M）
麦迪逊广场花园体育公司是总部位于美国纽约市的专业体育控股企业，深耕职业体育俱乐部运营、体育IP开发管理等核心业务，在北美体育产业领域拥有深厚的行业积累与较高的市场知名度。
沃辛顿实业是一家总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑产品两大业务板块，设计生产丙烷、氧气、氦气压力容器，制冷及工业气瓶，露营与家用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等多元化产品。
MSGS vs WOR — 直观对比
营收规模更大
MSGS
是对方的1.2倍
$327.5M
营收增速更快
WOR
高出6.7%
12.8%
净利率更高
WOR
高出6.3%
2.0%
自由现金流更多
WOR
多$7.5M
$31.6M
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $403.4M | $327.5M |
| 净利润 | $8.2M | $27.3M |
| 毛利率 | — | 25.8% |
| 营业利润率 | 5.5% | 3.7% |
| 净利率 | 2.0% | 8.3% |
| 营收同比 | 12.8% | 19.5% |
| 净利润同比 | 641.9% | -3.3% |
| 每股收益（稀释后） | $0.34 | $0.55 |
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MSGSWOR
| Q4 25 | $403.4M | $327.5M | ||
| Q3 25 | $39.5M | $303.7M | ||
| Q2 25 | $204.0M | — | ||
| Q1 25 | $424.2M | — | ||
| Q4 24 | $357.8M | — | ||
| Q3 24 | $53.3M | — | ||
| Q2 24 | $227.3M | — | ||
| Q1 24 | $430.0M | — |
净利润MSGSWOR
| Q4 25 | $8.2M | $27.3M | ||
| Q3 25 | $-8.8M | $35.1M | ||
| Q2 25 | $-1.8M | — | ||
| Q1 25 | $-14.2M | — | ||
| Q4 24 | $1.1M | — | ||
| Q3 24 | $-7.5M | — | ||
| Q2 24 | $25.5M | — | ||
| Q1 24 | $37.9M | — |
毛利率MSGSWOR
| Q4 25 | — | 25.8% | ||
| Q3 25 | — | 27.1% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率MSGSWOR
| Q4 25 | 5.5% | 3.7% | ||
| Q3 25 | -69.5% | 3.0% | ||
| Q2 25 | -11.1% | — | ||
| Q1 25 | 7.6% | — | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | -15.5% | — | ||
| Q2 24 | 23.0% | — | ||
| Q1 24 | 18.5% | — |
净利率MSGSWOR
| Q4 25 | 2.0% | 8.3% | ||
| Q3 25 | -22.3% | 11.6% | ||
| Q2 25 | -0.9% | — | ||
| Q1 25 | -3.4% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | -14.1% | — | ||
| Q2 24 | 11.2% | — | ||
| Q1 24 | 8.8% | — |
每股收益（稀释后）MSGSWOR
| Q4 25 | $0.34 | $0.55 | ||
| Q3 25 | $-0.37 | $0.70 | ||
| Q2 25 | $-0.08 | — | ||
| Q1 25 | $-0.59 | — | ||
| Q4 24 | $0.05 | — | ||
| Q3 24 | $-0.31 | — | ||
| Q2 24 | $1.07 | — | ||
| Q1 24 | $1.57 | — |
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 | $81.3M | $180.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-282.1M | $962.6M |
| 总资产 | $1.5B | $1.8B |
| 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MSGSWOR
| Q4 25 | $81.3M | $180.3M | ||
| Q3 25 | $48.6M | $167.1M | ||
| Q2 25 | $144.6M | — | ||
| Q1 25 | $96.5M | — | ||
| Q4 24 | $107.8M | — | ||
| Q3 24 | $52.3M | — | ||
| Q2 24 | $89.1M | — | ||
| Q1 24 | $40.0M | — |
股东权益MSGSWOR
| Q4 25 | $-282.1M | $962.6M | ||
| Q3 25 | $-294.2M | $959.1M | ||
| Q2 25 | $-281.4M | — | ||
| Q1 25 | $-283.4M | — | ||
| Q4 24 | $-273.1M | — | ||
| Q3 24 | $-277.5M | — | ||
| Q2 24 | $-266.3M | — | ||
| Q1 24 | $-294.0M | — |
总资产MSGSWOR
| Q4 25 | $1.5B | $1.8B | ||
| Q3 25 | $1.5B | $1.7B | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.4B | — |
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 | $32.4M | $51.5M |
| 自由现金流经营现金流 - 资本支出 | $31.6M | $39.1M |
| 自由现金流率自由现金流/营收 | 7.8% | 11.9% |
| 资本支出强度资本支出/营收 | 0.2% | 3.8% |
| 现金转化率经营现金流/净利润 | 3.94× | 1.89× |
| 过去12个月自由现金流最近4个季度 | $-480.0K | — |
8季度趋势，按日历期对齐
经营现金流MSGSWOR
| Q4 25 | $32.4M | $51.5M | ||
| Q3 25 | $-85.0M | $41.1M | ||
| Q2 25 | $49.7M | — | ||
| Q1 25 | $6.3M | — | ||
| Q4 24 | $61.8M | — | ||
| Q3 24 | $-26.2M | — | ||
| Q2 24 | $108.4M | — | ||
| Q1 24 | $4.0M | — |
自由现金流MSGSWOR
| Q4 25 | $31.6M | $39.1M | ||
| Q3 25 | $-85.3M | $27.9M | ||
| Q2 25 | $49.4M | — | ||
| Q1 25 | $3.9M | — | ||
| Q4 24 | $61.2M | — | ||
| Q3 24 | $-26.5M | — | ||
| Q2 24 | $108.0M | — | ||
| Q1 24 | $3.9M | — |
自由现金流率MSGSWOR
| Q4 25 | 7.8% | 11.9% | ||
| Q3 25 | -216.3% | 9.2% | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 17.1% | — | ||
| Q3 24 | -49.7% | — | ||
| Q2 24 | 47.5% | — | ||
| Q1 24 | 0.9% | — |
资本支出强度MSGSWOR
| Q4 25 | 0.2% | 3.8% | ||
| Q3 25 | 0.9% | 4.3% | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.0% | — |
现金转化率MSGSWOR
| Q4 25 | 3.94× | 1.89× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 55.61× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 4.25× | — | ||
| Q1 24 | 0.11× | — |
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
MSGS
| Event Related | $167.2M | 41% |
| Media Rights | $122.3M | 30% |
| Sponsorship Signage And Suite Licenses | $98.5M | 24% |
| League Distribution | $15.4M | 4% |
WOR
| Building Products | $207.5M | 63% |
| Equity Method Investment Nonconsolidated Investee Other | $120.7M | 37% |
