vs
Pool Corporation（POOL）与永利度假村（WYNN）财务数据对比。点击上方公司名可切换其他公司
永利度假村的季度营收约是Pool Corporation的1.6倍（$1.9B vs $1.1B），永利度假村净利率更高（5.4% vs 4.7%，领先0.7%），Pool Corporation同比增速更快（6.2% vs 1.5%），过去两年永利度假村的营收复合增速更高（0.1% vs -19.8%）
Pool Corporation（简称POOLCORP）是全球最大的游泳池用品、设备及机械分销商，注册地为美国特拉华州，总部位于路易斯安那州卡温顿。公司在北美、欧洲、澳大利亚运营439个销售中心，服务约12.5万客户，过半收入来自美国加州、得州、佛罗里达及亚利桑那市场，受益于人口向温暖气候区迁移的趋势。
永利度假村是总部位于美国内华达州帕拉代斯的上市企业，专注于高端酒店及博彩度假村的开发与运营。公司2002年由前梦幻度假村董事长兼首席执行官史蒂夫·永利创立，现任首席执行官为克雷格·比林斯，截至2020年已在全球布局6处优质物业。
POOL vs WYNN — 直观对比
营收规模更大
WYNN
是对方的1.6倍
$1.1B
营收增速更快
POOL
高出4.7%
1.5%
净利率更高
WYNN
高出0.7%
4.7%
两年增速更快
WYNN
近两年复合增速
-19.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.9B |
| 净利润 | $53.2M | $100.0M |
| 毛利率 | 29.0% | — |
| 营业利润率 | 7.3% | 14.7% |
| 净利率 | 4.7% | 5.4% |
| 营收同比 | 6.2% | 1.5% |
| 净利润同比 | -0.6% | -63.9% |
| 每股收益（稀释后） | $1.45 | $0.96 |
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POOLWYNN
| Q1 26 | $1.1B | — | ||
| Q4 25 | $982.2M | $1.9B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.8B | $1.7B | ||
| Q1 25 | $1.1B | $1.7B | ||
| Q4 24 | $987.5M | $1.8B | ||
| Q3 24 | $1.4B | $1.7B | ||
| Q2 24 | $1.8B | $1.7B |
净利润POOLWYNN
| Q1 26 | $53.2M | — | ||
| Q4 25 | $31.6M | $100.0M | ||
| Q3 25 | $127.0M | $88.3M | ||
| Q2 25 | $194.3M | $66.2M | ||
| Q1 25 | $53.5M | $72.7M | ||
| Q4 24 | $37.3M | $277.0M | ||
| Q3 24 | $125.7M | $-32.1M | ||
| Q2 24 | $192.4M | $111.9M |
毛利率POOLWYNN
| Q1 26 | 29.0% | — | ||
| Q4 25 | 30.1% | — | ||
| Q3 25 | 29.6% | — | ||
| Q2 25 | 30.0% | — | ||
| Q1 25 | 29.2% | — | ||
| Q4 24 | 29.4% | — | ||
| Q3 24 | 29.1% | — | ||
| Q2 24 | 30.0% | — |
营业利润率POOLWYNN
| Q1 26 | 7.3% | — | ||
| Q4 25 | 5.3% | 14.7% | ||
| Q3 25 | 12.3% | 16.9% | ||
| Q2 25 | 15.3% | 15.2% | ||
| Q1 25 | 7.2% | 15.8% | ||
| Q4 24 | 6.1% | 20.0% | ||
| Q3 24 | 12.3% | 7.9% | ||
| Q2 24 | 15.3% | 15.6% |
净利率POOLWYNN
| Q1 26 | 4.7% | — | ||
| Q4 25 | 3.2% | 5.4% | ||
| Q3 25 | 8.8% | 4.8% | ||
| Q2 25 | 10.9% | 3.8% | ||
| Q1 25 | 5.0% | 4.3% | ||
| Q4 24 | 3.8% | 15.1% | ||
| Q3 24 | 8.8% | -1.9% | ||
| Q2 24 | 10.9% | 6.5% |
每股收益（稀释后）POOLWYNN
| Q1 26 | $1.45 | — | ||
| Q4 25 | $0.86 | $0.96 | ||
| Q3 25 | $3.40 | $0.85 | ||
| Q2 25 | $5.17 | $0.64 | ||
| Q1 25 | $1.42 | $0.69 | ||
| Q4 24 | $1.00 | $2.43 | ||
| Q3 24 | $3.27 | $-0.29 | ||
| Q2 24 | $4.99 | $0.91 |
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 | $64.5M | $1.5B |
| 总债务越低越好 | — | $10.5B |
| 股东权益账面价值 | — | $-275.5M |
| 总资产 | $4.0B | $13.1B |
| 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POOLWYNN
| Q1 26 | $64.5M | — | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
总债务POOLWYNN
| Q1 26 | — | — | ||
| Q4 25 | — | $10.5B | ||
| Q3 25 | $1.0B | $10.6B | ||
| Q2 25 | $1.2B | $10.5B | ||
| Q1 25 | $968.0M | $10.6B | ||
| Q4 24 | — | $10.5B | ||
| Q3 24 | $879.1M | $11.8B | ||
| Q2 24 | $1.1B | $11.0B |
股东权益POOLWYNN
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $-275.5M | ||
| Q3 25 | $1.4B | $-370.0M | ||
| Q2 25 | $1.3B | $-441.5M | ||
| Q1 25 | $1.2B | $-360.7M | ||
| Q4 24 | $1.3B | $-224.2M | ||
| Q3 24 | $1.4B | $-281.4M | ||
| Q2 24 | $1.4B | $-109.8M |
总资产POOLWYNN
| Q1 26 | $4.0B | — | ||
| Q4 25 | $3.6B | $13.1B | ||
| Q3 25 | $3.5B | $12.8B | ||
| Q2 25 | $3.7B | $12.7B | ||
| Q1 25 | $3.7B | $12.7B | ||
| Q4 24 | $3.4B | $13.0B | ||
| Q3 24 | $3.4B | $14.1B | ||
| Q2 24 | $3.6B | $13.3B |
负债/权益比POOLWYNN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.61× | — | ||
| Q2 24 | 0.75× | — |
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 | $25.7M | $478.0M |
| 自由现金流经营现金流 - 资本支出 | — | $306.8M |
| 自由现金流率自由现金流/营收 | — | 16.4% |
| 资本支出强度资本支出/营收 | — | 9.2% |
| 现金转化率经营现金流/净利润 | 0.48× | 4.78× |
| 过去12个月自由现金流最近4个季度 | — | $692.2M |
8季度趋势，按日历期对齐
经营现金流POOLWYNN
| Q1 26 | $25.7M | — | ||
| Q4 25 | $80.1M | $478.0M | ||
| Q3 25 | $287.3M | $335.8M | ||
| Q2 25 | $-28.8M | $405.1M | ||
| Q1 25 | $27.2M | $133.8M | ||
| Q4 24 | $170.6M | $479.0M | ||
| Q3 24 | $316.5M | $279.3M | ||
| Q2 24 | $26.7M | $352.8M |
自由现金流POOLWYNN
| Q1 26 | — | — | ||
| Q4 25 | $71.9M | $306.8M | ||
| Q3 25 | $266.6M | $171.8M | ||
| Q2 25 | $-42.9M | $239.8M | ||
| Q1 25 | $13.9M | $-26.2M | ||
| Q4 24 | $157.0M | $351.8M | ||
| Q3 24 | $305.5M | $178.0M | ||
| Q2 24 | $8.8M | $259.1M |
自由现金流率POOLWYNN
| Q1 26 | — | — | ||
| Q4 25 | 7.3% | 16.4% | ||
| Q3 25 | 18.4% | 9.4% | ||
| Q2 25 | -2.4% | 13.8% | ||
| Q1 25 | 1.3% | -1.5% | ||
| Q4 24 | 15.9% | 19.1% | ||
| Q3 24 | 21.3% | 10.5% | ||
| Q2 24 | 0.5% | 15.0% |
资本支出强度POOLWYNN
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 9.2% | ||
| Q3 25 | 1.4% | 8.9% | ||
| Q2 25 | 0.8% | 9.5% | ||
| Q1 25 | 1.2% | 9.4% | ||
| Q4 24 | 1.4% | 6.9% | ||
| Q3 24 | 0.8% | 6.0% | ||
| Q2 24 | 1.0% | 5.4% |
现金转化率POOLWYNN
| Q1 26 | 0.48× | — | ||
| Q4 25 | 2.54× | 4.78× | ||
| Q3 25 | 2.26× | 3.80× | ||
| Q2 25 | -0.15× | 6.12× | ||
| Q1 25 | 0.51× | 1.84× | ||
| Q4 24 | 4.57× | 1.73× | ||
| Q3 24 | 2.52× | — | ||
| Q2 24 | 0.14× | 3.15× |
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
POOL
暂无分部数据
WYNN
| Casino | $1.1B | 61% |
| Occupancy | $305.1M | 16% |
| Food And Beverage | $264.9M | 14% |
| Entertainment Retail And Other | $152.6M | 8% |
