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NCS Multistage Holdings, Inc.（NCSM）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NCS Multistage Holdings, Inc.的1.1倍（$57.1M vs $50.6M），NCS Multistage Holdings, Inc.净利率更高（29.5% vs 0.8%，领先28.7%），REGIS CORP同比增速更快（22.3% vs 12.5%），NCS Multistage Holdings, Inc.自由现金流更多（$12.9M vs $891.0K），过去两年REGIS CORP的营收复合增速更高（7.8% vs 7.4%）
NCS Multistage Holdings是一家全球能源技术与油田服务提供商，主营油气勘探生产用的完井系统与多级压裂工具，服务覆盖北美、拉美、中东及亚太市场，助力上游能源客户提升作业效率与资源采收率。
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。
NCSM vs RGS — 直观对比
营收规模更大
RGS
是对方的1.1倍
$50.6M
营收增速更快
RGS
高出9.8%
12.5%
净利率更高
NCSM
高出28.7%
0.8%
自由现金流更多
NCSM
多$12.0M
$891.0K
两年增速更快
RGS
近两年复合增速
7.4%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $50.6M | $57.1M |
| 净利润 | $15.0M | $456.0K |
| 毛利率 | — | — |
| 营业利润率 | 10.3% | 10.8% |
| 净利率 | 29.5% | 0.8% |
| 营收同比 | 12.5% | 22.3% |
| 净利润同比 | 331.0% | -94.0% |
| 每股收益（稀释后） | $5.43 | $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NCSMRGS
| Q4 25 | $50.6M | $57.1M | ||
| Q3 25 | $46.5M | $59.0M | ||
| Q2 25 | $36.5M | $60.4M | ||
| Q1 25 | $50.0M | $57.0M | ||
| Q4 24 | $45.0M | $46.7M | ||
| Q3 24 | $44.0M | $46.1M | ||
| Q2 24 | $29.7M | $49.4M | ||
| Q1 24 | $43.9M | $49.2M |
净利润NCSMRGS
| Q4 25 | $15.0M | $456.0K | ||
| Q3 25 | $3.8M | $1.4M | ||
| Q2 25 | $924.0K | $116.5M | ||
| Q1 25 | $4.1M | $250.0K | ||
| Q4 24 | $3.5M | $7.6M | ||
| Q3 24 | $4.1M | $-853.0K | ||
| Q2 24 | $-3.1M | $91.2M | ||
| Q1 24 | $2.1M | $-2.3M |
营业利润率NCSMRGS
| Q4 25 | 10.3% | 10.8% | ||
| Q3 25 | 6.6% | 10.0% | ||
| Q2 25 | -5.6% | 12.1% | ||
| Q1 25 | 8.6% | 8.8% | ||
| Q4 24 | 6.5% | 11.8% | ||
| Q3 24 | 6.9% | 4.6% | ||
| Q2 24 | -14.0% | — | ||
| Q1 24 | 5.7% | 8.3% |
净利率NCSMRGS
| Q4 25 | 29.5% | 0.8% | ||
| Q3 25 | 8.2% | 2.3% | ||
| Q2 25 | 2.5% | 192.9% | ||
| Q1 25 | 8.1% | 0.4% | ||
| Q4 24 | 7.7% | 16.4% | ||
| Q3 24 | 9.4% | -1.9% | ||
| Q2 24 | -10.4% | 184.7% | ||
| Q1 24 | 4.7% | -4.7% |
每股收益（稀释后）NCSMRGS
| Q4 25 | $5.43 | $0.16 | ||
| Q3 25 | $1.37 | $0.49 | ||
| Q2 25 | $0.34 | $43.67 | ||
| Q1 25 | $1.51 | $0.08 | ||
| Q4 24 | $1.34 | $2.71 | ||
| Q3 24 | $1.60 | $-0.36 | ||
| Q2 24 | $-1.21 | $38.40 | ||
| Q1 24 | $0.82 | $-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 | $36.7M | $18.4M |
| 总债务越低越好 | $5.3M | $113.3M |
| 股东权益账面价值 | $126.2M | $188.7M |
| 总资产 | $181.2M | $588.3M |
| 负债/权益比越低杠杆越低 | 0.04× | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资NCSMRGS
| Q4 25 | $36.7M | $18.4M | ||
| Q3 25 | $25.3M | $16.6M | ||
| Q2 25 | $25.4M | $17.0M | ||
| Q1 25 | $23.0M | $13.3M | ||
| Q4 24 | $25.9M | $10.2M | ||
| Q3 24 | $15.3M | $6.3M | ||
| Q2 24 | $18.6M | $10.1M | ||
| Q1 24 | $14.0M | $5.9M |
总债务NCSMRGS
| Q4 25 | $5.3M | $113.3M | ||
| Q3 25 | $5.1M | $111.3M | ||
| Q2 25 | $5.5M | $110.8M | ||
| Q1 25 | $5.4M | $112.0M | ||
| Q4 24 | $6.0M | $111.5M | ||
| Q3 24 | $6.5M | $95.2M | ||
| Q2 24 | $6.8M | $99.5M | ||
| Q1 24 | $6.4M | $179.7M |
股东权益NCSMRGS
| Q4 25 | $126.2M | $188.7M | ||
| Q3 25 | $110.1M | $187.6M | ||
| Q2 25 | $106.4M | $185.6M | ||
| Q1 25 | $103.2M | $68.6M | ||
| Q4 24 | $98.8M | $66.7M | ||
| Q3 24 | $96.0M | $56.4M | ||
| Q2 24 | $91.0M | $56.8M | ||
| Q1 24 | $93.7M | $-35.8M |
总资产NCSMRGS
| Q4 25 | $181.2M | $588.3M | ||
| Q3 25 | $162.0M | $592.1M | ||
| Q2 25 | $158.0M | $599.0M | ||
| Q1 25 | $155.1M | $511.2M | ||
| Q4 24 | $152.8M | $530.1M | ||
| Q3 24 | $145.8M | $508.9M | ||
| Q2 24 | $139.4M | $530.5M | ||
| Q1 24 | $140.9M | $543.7M |
负债/权益比NCSMRGS
| Q4 25 | 0.04× | 0.60× | ||
| Q3 25 | 0.05× | 0.59× | ||
| Q2 25 | 0.05× | 0.60× | ||
| Q1 25 | 0.05× | 1.63× | ||
| Q4 24 | 0.06× | 1.67× | ||
| Q3 24 | 0.07× | 1.69× | ||
| Q2 24 | 0.08× | 1.75× | ||
| Q1 24 | 0.07× | — |
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 | $13.1M | $1.7M |
| 自由现金流经营现金流 - 资本支出 | $12.9M | $891.0K |
| 自由现金流率自由现金流/营收 | 25.5% | 1.6% |
| 资本支出强度资本支出/营收 | 0.4% | 1.4% |
| 现金转化率经营现金流/净利润 | 0.88× | 3.65× |
| 过去12个月自由现金流最近4个季度 | $21.0M | $14.9M |
8季度趋势，按日历期对齐
经营现金流NCSMRGS
| Q4 25 | $13.1M | $1.7M | ||
| Q3 25 | $7.2M | $2.3M | ||
| Q2 25 | $3.5M | $6.8M | ||
| Q1 25 | $-1.6M | $6.2M | ||
| Q4 24 | $10.6M | $2.1M | ||
| Q3 24 | $-2.0M | $-1.3M | ||
| Q2 24 | $6.0M | $5.1M | ||
| Q1 24 | $-1.9M | $-277.0K |
自由现金流NCSMRGS
| Q4 25 | $12.9M | $891.0K | ||
| Q3 25 | $6.9M | $1.9M | ||
| Q2 25 | $3.2M | $6.2M | ||
| Q1 25 | $-2.1M | $5.9M | ||
| Q4 24 | $10.4M | $1.7M | ||
| Q3 24 | $-2.5M | $-1.4M | ||
| Q2 24 | $5.6M | $5.1M | ||
| Q1 24 | $-2.2M | $-326.0K |
自由现金流率NCSMRGS
| Q4 25 | 25.5% | 1.6% | ||
| Q3 25 | 14.9% | 3.2% | ||
| Q2 25 | 8.9% | 10.3% | ||
| Q1 25 | -4.2% | 10.3% | ||
| Q4 24 | 23.1% | 3.6% | ||
| Q3 24 | -5.6% | -3.0% | ||
| Q2 24 | 19.0% | 10.3% | ||
| Q1 24 | -5.0% | -0.7% |
资本支出强度NCSMRGS
| Q4 25 | 0.4% | 1.4% | ||
| Q3 25 | 0.5% | 0.7% | ||
| Q2 25 | 0.8% | 0.9% | ||
| Q1 25 | 0.9% | 0.6% | ||
| Q4 24 | 0.5% | 0.9% | ||
| Q3 24 | 1.0% | 0.0% | ||
| Q2 24 | 1.1% | 0.0% | ||
| Q1 24 | 0.7% | 0.1% |
现金转化率NCSMRGS
| Q4 25 | 0.88× | 3.65× | ||
| Q3 25 | 1.88× | 1.68× | ||
| Q2 25 | 3.81× | 0.06× | ||
| Q1 25 | -0.41× | 24.80× | ||
| Q4 24 | 3.07× | 0.28× | ||
| Q3 24 | -0.49× | — | ||
| Q2 24 | — | 0.06× | ||
| Q1 24 | -0.91× | — |
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
NCSM
| Products | $33.8M | 67% |
| Services | $16.8M | 33% |
RGS
| Franchise Segment | $37.9M | 66% |
| Royalty | $13.6M | 24% |
| Other | $2.8M | 5% |
| Fees | $1.8M | 3% |
| Franchise Fees | $1.0M | 2% |
