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Dave & Buster's Entertainment, Inc.（PLAY）与WillScot Holdings Corp（WSC）财务数据对比。点击上方公司名可切换其他公司
WillScot Holdings Corp的季度营收约是Dave & Buster's Entertainment, Inc.的1.3倍（$566.0M vs $448.2M），Dave & Buster's Entertainment, Inc.净利率更高（-9.4% vs -33.1%，领先23.7%），Dave & Buster's Entertainment, Inc.同比增速更快（-1.1% vs -6.1%），WillScot Holdings Corp自由现金流更多（$149.7M vs $-20.6M），过去两年WillScot Holdings Corp的营收复合增速更高（-1.8% vs -13.5%）
戴夫与巴斯特娱乐是总部位于美国达拉斯的餐饮娱乐企业，旗下每家门店都配备全套服务餐厅、酒吧以及名为“百万美元 midway”的游戏游乐区。截至2024年2月，该公司共开设162家门店，其中美国本土158家，波多黎各和加拿大各设2家门店，主打餐饮与休闲娱乐融合的消费体验。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
PLAY vs WSC — 直观对比
营收规模更大
WSC
是对方的1.3倍
$448.2M
营收增速更快
PLAY
高出5.0%
-6.1%
净利率更高
PLAY
高出23.7%
-33.1%
自由现金流更多
WSC
多$170.3M
$-20.6M
两年增速更快
WSC
近两年复合增速
-13.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $448.2M | $566.0M |
| 净利润 | $-42.1M | $-187.3M |
| 毛利率 | 85.8% | 50.4% |
| 营业利润率 | -3.6% | -32.5% |
| 净利率 | -9.4% | -33.1% |
| 营收同比 | -1.1% | -6.1% |
| 净利润同比 | -28.7% | -310.0% |
| 每股收益（稀释后） | $-1.22 | $-1.02 |
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PLAYWSC
| Q4 25 | $448.2M | $566.0M | ||
| Q3 25 | $557.4M | $566.8M | ||
| Q2 25 | $567.7M | $589.1M | ||
| Q1 25 | $534.5M | $559.6M | ||
| Q4 24 | $453.0M | $602.5M | ||
| Q3 24 | $557.1M | $601.4M | ||
| Q2 24 | $588.1M | $604.6M | ||
| Q1 24 | $599.0M | $587.2M |
净利润PLAYWSC
| Q4 25 | $-42.1M | $-187.3M | ||
| Q3 25 | $11.4M | $43.3M | ||
| Q2 25 | $21.7M | $47.9M | ||
| Q1 25 | $9.3M | $43.1M | ||
| Q4 24 | $-32.7M | $89.2M | ||
| Q3 24 | $40.3M | $-70.5M | ||
| Q2 24 | $41.4M | $-46.9M | ||
| Q1 24 | $36.1M | $56.2M |
毛利率PLAYWSC
| Q4 25 | 85.8% | 50.4% | ||
| Q3 25 | 86.3% | 49.7% | ||
| Q2 25 | 85.5% | 50.3% | ||
| Q1 25 | 85.5% | 53.7% | ||
| Q4 24 | 85.0% | 55.8% | ||
| Q3 24 | 85.3% | 53.5% | ||
| Q2 24 | 85.2% | 54.1% | ||
| Q1 24 | 84.1% | 54.0% |
营业利润率PLAYWSC
| Q4 25 | -3.6% | -32.5% | ||
| Q3 25 | 9.5% | 21.0% | ||
| Q2 25 | 11.1% | 21.5% | ||
| Q1 25 | 8.3% | 21.3% | ||
| Q4 24 | 1.4% | 28.9% | ||
| Q3 24 | 15.2% | -5.9% | ||
| Q2 24 | 14.5% | -0.9% | ||
| Q1 24 | 14.9% | 22.1% |
净利率PLAYWSC
| Q4 25 | -9.4% | -33.1% | ||
| Q3 25 | 2.0% | 7.6% | ||
| Q2 25 | 3.8% | 8.1% | ||
| Q1 25 | 1.7% | 7.7% | ||
| Q4 24 | -7.2% | 14.8% | ||
| Q3 24 | 7.2% | -11.7% | ||
| Q2 24 | 7.0% | -7.7% | ||
| Q1 24 | 6.0% | 9.6% |
每股收益（稀释后）PLAYWSC
| Q4 25 | $-1.22 | $-1.02 | ||
| Q3 25 | $0.32 | $0.24 | ||
| Q2 25 | $0.62 | $0.26 | ||
| Q1 25 | $0.32 | $0.23 | ||
| Q4 24 | $-0.84 | $0.48 | ||
| Q3 24 | $0.99 | $-0.37 | ||
| Q2 24 | $0.99 | $-0.25 | ||
| Q1 24 | $0.95 | $0.29 |
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 | $13.6M | $14.6M |
| 总债务越低越好 | $1.6B | $3.6B |
| 股东权益账面价值 | $130.8M | $856.3M |
| 总资产 | $4.1B | $5.8B |
| 负债/权益比越低杠杆越低 | 12.17× | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资PLAYWSC
| Q4 25 | $13.6M | $14.6M | ||
| Q3 25 | $12.0M | $14.8M | ||
| Q2 25 | $11.9M | $12.8M | ||
| Q1 25 | $6.9M | $10.7M | ||
| Q4 24 | $8.6M | $9.0M | ||
| Q3 24 | $13.1M | $11.0M | ||
| Q2 24 | $32.1M | $5.9M | ||
| Q1 24 | $37.3M | $13.1M |
总债务PLAYWSC
| Q4 25 | $1.6B | $3.6B | ||
| Q3 25 | $1.6B | $3.6B | ||
| Q2 25 | $1.6B | $3.7B | ||
| Q1 25 | $1.5B | $3.6B | ||
| Q4 24 | $1.5B | $3.7B | ||
| Q3 24 | $1.3B | $3.6B | ||
| Q2 24 | $1.3B | $3.5B | ||
| Q1 24 | $1.3B | $3.5B |
股东权益PLAYWSC
| Q4 25 | $130.8M | $856.3M | ||
| Q3 25 | $166.2M | $1.1B | ||
| Q2 25 | $146.8M | $1.0B | ||
| Q1 25 | $145.8M | $1.0B | ||
| Q4 24 | $226.6M | $1.0B | ||
| Q3 24 | $284.4M | $1.1B | ||
| Q2 24 | $292.5M | $1.2B | ||
| Q1 24 | $251.2M | $1.3B |
总资产PLAYWSC
| Q4 25 | $4.1B | $5.8B | ||
| Q3 25 | $4.1B | $6.1B | ||
| Q2 25 | $4.1B | $6.1B | ||
| Q1 25 | $4.0B | $6.0B | ||
| Q4 24 | $3.9B | $6.0B | ||
| Q3 24 | $3.8B | $6.0B | ||
| Q2 24 | $3.8B | $6.0B | ||
| Q1 24 | $3.8B | $6.2B |
负债/权益比PLAYWSC
| Q4 25 | 12.17× | 4.15× | ||
| Q3 25 | 9.57× | 3.39× | ||
| Q2 25 | 10.98× | 3.55× | ||
| Q1 25 | 10.45× | 3.56× | ||
| Q4 24 | 6.58× | 3.62× | ||
| Q3 24 | 4.72× | 3.42× | ||
| Q2 24 | 4.58× | 2.88× | ||
| Q1 24 | 5.33× | 2.63× |
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 | $58.0M | $158.9M |
| 自由现金流经营现金流 - 资本支出 | $-20.6M | $149.7M |
| 自由现金流率自由现金流/营收 | -4.6% | 26.5% |
| 资本支出强度资本支出/营收 | 17.5% | 1.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-195.6M | $737.7M |
8季度趋势，按日历期对齐
经营现金流PLAYWSC
| Q4 25 | $58.0M | $158.9M | ||
| Q3 25 | $34.0M | $191.2M | ||
| Q2 25 | $95.8M | $205.3M | ||
| Q1 25 | $108.9M | $206.6M | ||
| Q4 24 | $-7.2M | $178.9M | ||
| Q3 24 | $101.8M | $-1.6M | ||
| Q2 24 | $108.8M | $175.6M | ||
| Q1 24 | $97.2M | $208.7M |
自由现金流PLAYWSC
| Q4 25 | $-20.6M | $149.7M | ||
| Q3 25 | $-55.2M | $186.9M | ||
| Q2 25 | $-58.8M | $199.0M | ||
| Q1 25 | $-61.0M | $202.0M | ||
| Q4 24 | $-138.4M | $176.6M | ||
| Q3 24 | $-14.3M | $-4.9M | ||
| Q2 24 | $-4.2M | $169.4M | ||
| Q1 24 | $-25.4M | $202.1M |
自由现金流率PLAYWSC
| Q4 25 | -4.6% | 26.5% | ||
| Q3 25 | -9.9% | 33.0% | ||
| Q2 25 | -10.4% | 33.8% | ||
| Q1 25 | -11.4% | 36.1% | ||
| Q4 24 | -30.6% | 29.3% | ||
| Q3 24 | -2.6% | -0.8% | ||
| Q2 24 | -0.7% | 28.0% | ||
| Q1 24 | -4.2% | 34.4% |
资本支出强度PLAYWSC
| Q4 25 | 17.5% | 1.6% | ||
| Q3 25 | 16.0% | 0.7% | ||
| Q2 25 | 27.2% | 1.1% | ||
| Q1 25 | 31.8% | 0.8% | ||
| Q4 24 | 29.0% | 0.4% | ||
| Q3 24 | 20.8% | 0.6% | ||
| Q2 24 | 19.2% | 1.0% | ||
| Q1 24 | 20.5% | 1.1% |
现金转化率PLAYWSC
| Q4 25 | — | — | ||
| Q3 25 | 2.98× | 4.41× | ||
| Q2 25 | 4.41× | 4.28× | ||
| Q1 25 | 11.71× | 4.80× | ||
| Q4 24 | — | 2.01× | ||
| Q3 24 | 2.53× | — | ||
| Q2 24 | 2.63× | — | ||
| Q1 24 | 2.69× | 3.71× |
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
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
