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SPORTSMAN'S WAREHOUSE HOLDINGS, INC.（SPWH）与WSFS FINANCIAL CORP（WSFS）财务数据对比。点击上方公司名可切换其他公司
SPORTSMAN'S WAREHOUSE HOLDINGS, INC.的季度营收约是WSFS FINANCIAL CORP的1.2倍（$331.3M vs $275.3M），WSFS FINANCIAL CORP净利率更高（31.5% vs 0.0%，领先31.5%），WSFS FINANCIAL CORP同比增速更快（7.5% vs 2.2%），过去两年WSFS FINANCIAL CORP的营收复合增速更高（1.7% vs -5.4%）
运动员仓库控股（Sportsman's Warehouse）是美国户外体育用品零售商，门店遍布全美29个州，主要面向狩猎、射击、露营、垂钓等各类户外休闲运动爱好者，销售户外服饰、鞋履及专业运动装备。
WSFS金融集团是一家金融服务企业，核心子公司WSFS银行是总部位于特拉华州及大特拉华谷地区规模最大、经营历史最久的本地管理银行与财富管理机构。集团共运营115个网点，其中88个为银行网点，分布在宾夕法尼亚、特拉华、新泽西、佛罗里达、弗吉尼亚、内华达六州，提供全面金融服务。
SPWH vs WSFS — 直观对比
营收规模更大
SPWH
是对方的1.2倍
$275.3M
营收增速更快
WSFS
高出5.3%
2.2%
净利率更高
WSFS
高出31.5%
0.0%
两年增速更快
WSFS
近两年复合增速
-5.4%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $331.3M | $275.3M |
| 净利润 | $8.0K | $86.8M |
| 毛利率 | 32.8% | — |
| 营业利润率 | 1.3% | — |
| 净利率 | 0.0% | 31.5% |
| 营收同比 | 2.2% | 7.5% |
| 净利润同比 | -97.8% | 31.7% |
| 每股收益（稀释后） | $0.00 | $1.64 |
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SPWHWSFS
| Q1 26 | — | $275.3M | ||
| Q4 25 | $331.3M | $271.9M | ||
| Q3 25 | $293.9M | $270.5M | ||
| Q2 25 | $249.1M | $267.5M | ||
| Q1 25 | $340.4M | $256.1M | ||
| Q4 24 | $324.3M | $261.5M | ||
| Q3 24 | $288.7M | $267.7M | ||
| Q2 24 | $244.2M | $266.0M |
净利润SPWHWSFS
| Q1 26 | — | $86.8M | ||
| Q4 25 | $8.0K | $72.7M | ||
| Q3 25 | $-7.1M | $76.4M | ||
| Q2 25 | $-21.3M | $72.3M | ||
| Q1 25 | $-8.7M | $65.9M | ||
| Q4 24 | $-364.0K | $64.2M | ||
| Q3 24 | $-5.9M | $64.4M | ||
| Q2 24 | $-18.1M | $69.3M |
毛利率SPWHWSFS
| Q1 26 | — | — | ||
| Q4 25 | 32.8% | — | ||
| Q3 25 | 32.0% | — | ||
| Q2 25 | 30.4% | — | ||
| Q1 25 | 30.4% | — | ||
| Q4 24 | 31.8% | — | ||
| Q3 24 | 31.2% | — | ||
| Q2 24 | 30.2% | — |
营业利润率SPWHWSFS
| Q1 26 | — | — | ||
| Q4 25 | 1.3% | 35.8% | ||
| Q3 25 | -1.1% | 37.3% | ||
| Q2 25 | -7.9% | 35.7% | ||
| Q1 25 | 1.1% | 34.0% | ||
| Q4 24 | 1.0% | 32.3% | ||
| Q3 24 | -1.5% | 31.9% | ||
| Q2 24 | -8.4% | 34.0% |
净利率SPWHWSFS
| Q1 26 | — | 31.5% | ||
| Q4 25 | 0.0% | 26.7% | ||
| Q3 25 | -2.4% | 28.3% | ||
| Q2 25 | -8.5% | 27.0% | ||
| Q1 25 | -2.6% | 25.7% | ||
| Q4 24 | -0.1% | 24.6% | ||
| Q3 24 | -2.0% | 24.1% | ||
| Q2 24 | -7.4% | 26.0% |
每股收益（稀释后）SPWHWSFS
| Q1 26 | — | $1.64 | ||
| Q4 25 | $0.00 | $1.33 | ||
| Q3 25 | $-0.18 | $1.37 | ||
| Q2 25 | $-0.56 | $1.27 | ||
| Q1 25 | $-0.22 | $1.12 | ||
| Q4 24 | $-0.01 | $1.08 | ||
| Q3 24 | $-0.16 | $1.08 | ||
| Q2 24 | $-0.48 | $1.16 |
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 | $2.2M | — |
| 总债务越低越好 | $44.0M | — |
| 股东权益账面价值 | $209.5M | $2.7B |
| 总资产 | $913.9M | $22.1B |
| 负债/权益比越低杠杆越低 | 0.21× | — |
8季度趋势，按日历期对齐
现金及短期投资SPWHWSFS
| Q1 26 | — | — | ||
| Q4 25 | $2.2M | $1.7B | ||
| Q3 25 | $1.8M | — | ||
| Q2 25 | $3.6M | — | ||
| Q1 25 | $2.8M | — | ||
| Q4 24 | $2.7M | $1.2B | ||
| Q3 24 | $2.6M | — | ||
| Q2 24 | $2.2M | — |
总债务SPWHWSFS
| Q1 26 | — | — | ||
| Q4 25 | $44.0M | — | ||
| Q3 25 | $43.9M | — | ||
| Q2 25 | $24.1M | — | ||
| Q1 25 | $24.1M | — | ||
| Q4 24 | $24.0M | — | ||
| Q3 24 | $24.0M | — | ||
| Q2 24 | — | — |
股东权益SPWHWSFS
| Q1 26 | — | $2.7B | ||
| Q4 25 | $209.5M | $2.7B | ||
| Q3 25 | $208.9M | $2.8B | ||
| Q2 25 | $215.1M | $2.7B | ||
| Q1 25 | $235.7M | $2.7B | ||
| Q4 24 | $243.6M | $2.6B | ||
| Q3 24 | $243.0M | $2.7B | ||
| Q2 24 | $247.5M | $2.5B |
总资产SPWHWSFS
| Q1 26 | — | $22.1B | ||
| Q4 25 | $913.9M | $21.3B | ||
| Q3 25 | $948.9M | $20.8B | ||
| Q2 25 | $929.7M | $20.8B | ||
| Q1 25 | $852.1M | $20.5B | ||
| Q4 24 | $967.7M | $20.8B | ||
| Q3 24 | $901.9M | $20.9B | ||
| Q2 24 | $930.4M | $20.7B |
负债/权益比SPWHWSFS
| Q1 26 | — | — | ||
| Q4 25 | 0.21× | — | ||
| Q3 25 | 0.21× | — | ||
| Q2 25 | 0.11× | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | 0.10× | — | ||
| Q3 24 | 0.10× | — | ||
| Q2 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 | $16.3M | — |
| 自由现金流经营现金流 - 资本支出 | $8.7M | — |
| 自由现金流率自由现金流/营收 | 2.6% | — |
| 资本支出强度资本支出/营收 | 2.3% | — |
| 现金转化率经营现金流/净利润 | 2038.00× | — |
| 过去12个月自由现金流最近4个季度 | $-39.7M | — |
8季度趋势，按日历期对齐
经营现金流SPWHWSFS
| Q1 26 | — | — | ||
| Q4 25 | $16.3M | $220.0M | ||
| Q3 25 | $-26.6M | $121.5M | ||
| Q2 25 | $-60.2M | $37.2M | ||
| Q1 25 | $52.8M | $8.7M | ||
| Q4 24 | $-2.5M | $219.9M | ||
| Q3 24 | $18.5M | $3.1M | ||
| Q2 24 | $-34.6M | $44.8M |
自由现金流SPWHWSFS
| Q1 26 | — | — | ||
| Q4 25 | $8.7M | $213.6M | ||
| Q3 25 | $-33.9M | $120.3M | ||
| Q2 25 | $-64.0M | $35.2M | ||
| Q1 25 | $49.6M | $6.3M | ||
| Q4 24 | $-6.2M | $205.6M | ||
| Q3 24 | $14.1M | $-489.0K | ||
| Q2 24 | $-38.0M | $42.1M |
自由现金流率SPWHWSFS
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 78.6% | ||
| Q3 25 | -11.5% | 44.5% | ||
| Q2 25 | -25.7% | 13.2% | ||
| Q1 25 | 14.6% | 2.5% | ||
| Q4 24 | -1.9% | 78.6% | ||
| Q3 24 | 4.9% | -0.2% | ||
| Q2 24 | -15.5% | 15.8% |
资本支出强度SPWHWSFS
| Q1 26 | — | — | ||
| Q4 25 | 2.3% | 2.3% | ||
| Q3 25 | 2.5% | 0.5% | ||
| Q2 25 | 1.5% | 0.7% | ||
| Q1 25 | 1.0% | 0.9% | ||
| Q4 24 | 1.1% | 5.5% | ||
| Q3 24 | 1.5% | 1.4% | ||
| Q2 24 | 1.4% | 1.0% |
现金转化率SPWHWSFS
| Q1 26 | — | — | ||
| Q4 25 | 2038.00× | 3.03× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 3.43× | ||
| Q3 24 | — | 0.05× | ||
| Q2 24 | — | 0.65× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
