vs
MANNATECH INC（MTEX）与REGIS CORP（RGS）财务数据对比。点击上方公司名可切换其他公司
REGIS CORP的季度营收约是MANNATECH INC的2.0倍（$57.1M vs $29.2M），MANNATECH INC净利率更高（6.6% vs 0.8%，领先5.8%），REGIS CORP同比增速更快（22.3% vs -8.1%），REGIS CORP自由现金流更多（$891.0K vs $-2.0M），过去两年REGIS CORP的营收复合增速更高（7.8% vs -5.4%）
曼纳泰克是一家公开上市的跨国多层次直销企业，主营膳食补充剂与个人护理产品，由塞缪尔·卡斯特于1993年11月创立，总部位于美国德克萨斯州花丘，股票在纳斯达克挂牌交易。截至2017年，公司共有252名雇员，产品通过约22万名独立销售代理推广销售。
瑞吉斯公司是一家美国美发沙龙运营商，总部位于明尼苏达州明尼阿波利斯市。截至2021年8月，该集团旗下拥有5563家加盟沙龙以及276家直营门店，是北美地区规模领先的美发沙龙连锁经营企业。
MTEX vs RGS — 直观对比
营收规模更大
RGS
是对方的2.0倍
$29.2M
营收增速更快
RGS
高出30.3%
-8.1%
净利率更高
MTEX
高出5.8%
0.8%
自由现金流更多
RGS
多$2.9M
$-2.0M
两年增速更快
RGS
近两年复合增速
-5.4%
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $29.2M | $57.1M |
| 净利润 | $1.9M | $456.0K |
| 毛利率 | 76.4% | — |
| 营业利润率 | 6.9% | 10.8% |
| 净利率 | 6.6% | 0.8% |
| 营收同比 | -8.1% | 22.3% |
| 净利润同比 | 686.6% | -94.0% |
| 每股收益（稀释后） | $1.01 | $0.16 |
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MTEXRGS
| Q4 25 | — | $57.1M | ||
| Q3 25 | $29.2M | $59.0M | ||
| Q2 25 | — | $60.4M | ||
| Q1 25 | $26.6M | $57.0M | ||
| Q4 24 | $29.0M | $46.7M | ||
| Q3 24 | $31.7M | $46.1M | ||
| Q2 24 | $27.7M | $49.4M | ||
| Q1 24 | $29.4M | $49.2M |
净利润MTEXRGS
| Q4 25 | — | $456.0K | ||
| Q3 25 | $1.9M | $1.4M | ||
| Q2 25 | — | $116.5M | ||
| Q1 25 | $-1.5M | $250.0K | ||
| Q4 24 | $2.3M | $7.6M | ||
| Q3 24 | $-328.0K | $-853.0K | ||
| Q2 24 | $-624.0K | $91.2M | ||
| Q1 24 | $1.2M | $-2.3M |
毛利率MTEXRGS
| Q4 25 | — | — | ||
| Q3 25 | 76.4% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 74.3% | — | ||
| Q4 24 | 80.6% | — | ||
| Q3 24 | 74.5% | — | ||
| Q2 24 | 77.1% | — | ||
| Q1 24 | 78.6% | — |
营业利润率MTEXRGS
| Q4 25 | — | 10.8% | ||
| Q3 25 | 6.9% | 10.0% | ||
| Q2 25 | — | 12.1% | ||
| Q1 25 | -3.1% | 8.8% | ||
| Q4 24 | 3.0% | 11.8% | ||
| Q3 24 | 2.8% | 4.6% | ||
| Q2 24 | -4.1% | — | ||
| Q1 24 | 2.8% | 8.3% |
净利率MTEXRGS
| Q4 25 | — | 0.8% | ||
| Q3 25 | 6.6% | 2.3% | ||
| Q2 25 | — | 192.9% | ||
| Q1 25 | -5.8% | 0.4% | ||
| Q4 24 | 7.8% | 16.4% | ||
| Q3 24 | -1.0% | -1.9% | ||
| Q2 24 | -2.2% | 184.7% | ||
| Q1 24 | 4.0% | -4.7% |
每股收益（稀释后）MTEXRGS
| Q4 25 | — | $0.16 | ||
| Q3 25 | $1.01 | $0.49 | ||
| Q2 25 | — | $43.67 | ||
| Q1 25 | $-0.80 | $0.08 | ||
| Q4 24 | $1.19 | $2.71 | ||
| Q3 24 | $-0.17 | $-0.36 | ||
| Q2 24 | $-0.33 | $38.40 | ||
| Q1 24 | $0.63 | $-1.00 |
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 | $7.1M | $18.4M |
| 总债务越低越好 | $2.9M | $113.3M |
| 股东权益账面价值 | $7.0M | $188.7M |
| 总资产 | $33.9M | $588.3M |
| 负债/权益比越低杠杆越低 | 0.42× | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资MTEXRGS
| Q4 25 | — | $18.4M | ||
| Q3 25 | $7.1M | $16.6M | ||
| Q2 25 | — | $17.0M | ||
| Q1 25 | $9.3M | $13.3M | ||
| Q4 24 | $11.4M | $10.2M | ||
| Q3 24 | $12.2M | $6.3M | ||
| Q2 24 | $9.2M | $10.1M | ||
| Q1 24 | $7.9M | $5.9M |
总债务MTEXRGS
| Q4 25 | — | $113.3M | ||
| Q3 25 | $2.9M | $111.3M | ||
| Q2 25 | — | $110.8M | ||
| Q1 25 | — | $112.0M | ||
| Q4 24 | — | $111.5M | ||
| Q3 24 | — | $95.2M | ||
| Q2 24 | — | $99.5M | ||
| Q1 24 | — | $179.7M |
股东权益MTEXRGS
| Q4 25 | — | $188.7M | ||
| Q3 25 | $7.0M | $187.6M | ||
| Q2 25 | — | $185.6M | ||
| Q1 25 | $7.6M | $68.6M | ||
| Q4 24 | $8.6M | $66.7M | ||
| Q3 24 | $10.0M | $56.4M | ||
| Q2 24 | $8.2M | $56.8M | ||
| Q1 24 | $10.4M | $-35.8M |
总资产MTEXRGS
| Q4 25 | — | $588.3M | ||
| Q3 25 | $33.9M | $592.1M | ||
| Q2 25 | — | $599.0M | ||
| Q1 25 | $36.7M | $511.2M | ||
| Q4 24 | $36.1M | $530.1M | ||
| Q3 24 | $40.6M | $508.9M | ||
| Q2 24 | $39.9M | $530.5M | ||
| Q1 24 | $41.1M | $543.7M |
负债/权益比MTEXRGS
| Q4 25 | — | 0.60× | ||
| Q3 25 | 0.42× | 0.59× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | 1.67× | ||
| Q3 24 | — | 1.69× | ||
| Q2 24 | — | 1.75× | ||
| Q1 24 | — | — |
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 | $-1.3M | $1.7M |
| 自由现金流经营现金流 - 资本支出 | $-2.0M | $891.0K |
| 自由现金流率自由现金流/营收 | -6.8% | 1.6% |
| 资本支出强度资本支出/营收 | 2.4% | 1.4% |
| 现金转化率经营现金流/净利润 | -0.68× | 3.65× |
| 过去12个月自由现金流最近4个季度 | $-1.2M | $14.9M |
8季度趋势，按日历期对齐
经营现金流MTEXRGS
| Q4 25 | — | $1.7M | ||
| Q3 25 | $-1.3M | $2.3M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | $-1.4M | $6.2M | ||
| Q4 24 | $-219.0K | $2.1M | ||
| Q3 24 | $3.3M | $-1.3M | ||
| Q2 24 | $-2.7M | $5.1M | ||
| Q1 24 | $1.9M | $-277.0K |
自由现金流MTEXRGS
| Q4 25 | — | $891.0K | ||
| Q3 25 | $-2.0M | $1.9M | ||
| Q2 25 | — | $6.2M | ||
| Q1 25 | $-1.9M | $5.9M | ||
| Q4 24 | $-325.0K | $1.7M | ||
| Q3 24 | $3.0M | $-1.4M | ||
| Q2 24 | $-2.7M | $5.1M | ||
| Q1 24 | $1.8M | $-326.0K |
自由现金流率MTEXRGS
| Q4 25 | — | 1.6% | ||
| Q3 25 | -6.8% | 3.2% | ||
| Q2 25 | — | 10.3% | ||
| Q1 25 | -7.0% | 10.3% | ||
| Q4 24 | -1.1% | 3.6% | ||
| Q3 24 | 9.5% | -3.0% | ||
| Q2 24 | -9.9% | 10.3% | ||
| Q1 24 | 6.2% | -0.7% |
资本支出强度MTEXRGS
| Q4 25 | — | 1.4% | ||
| Q3 25 | 2.4% | 0.7% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | 1.8% | 0.6% | ||
| Q4 24 | 0.4% | 0.9% | ||
| Q3 24 | 0.8% | 0.0% | ||
| Q2 24 | 0.3% | 0.0% | ||
| Q1 24 | 0.2% | 0.1% |
现金转化率MTEXRGS
| Q4 25 | — | 3.65× | ||
| Q3 25 | -0.68× | 1.68× | ||
| Q2 25 | — | 0.06× | ||
| Q1 25 | — | 24.80× | ||
| Q4 24 | -0.10× | 0.28× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.06× | ||
| Q1 24 | 1.59× | — |
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
MTEX
暂无分部数据
RGS
| Franchise Segment | $37.9M | 66% |
| Royalty | $13.6M | 24% |
| Other | $2.8M | 5% |
| Fees | $1.8M | 3% |
| Franchise Fees | $1.0M | 2% |
