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Williams-Sonoma, Inc.（WSM）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
Williams-Sonoma, Inc.的季度营收约是永利度假村的1.0倍（$1.9B vs $1.9B），Williams-Sonoma, Inc.净利率更高（12.8% vs 5.4%，领先7.5%），Williams-Sonoma, Inc.同比增速更快（4.6% vs 1.5%），永利度假村自由现金流更多（$306.8M vs $248.1M），过去两年永利度假村的营收复合增速更高（0.1% vs -9.1%）
Williams-Sonoma, Inc.是美国知名家居零售企业，1956年由查尔斯·E·威廉姆斯创立，主营高品质炊具、家居家电、家居软装等多元品类产品，在家居消费领域拥有广泛的用户基础与较高的市场认可度。
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。
WSM vs WYNN — 直观对比
营收规模更大
WSM
是对方的1.0倍
$1.9B
营收增速更快
WSM
高出3.1%
1.5%
净利率更高
WSM
高出7.5%
5.4%
自由现金流更多
WYNN
多$58.7M
$248.1M
两年增速更快
WYNN
近两年复合增速
-9.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.9B |
| 净利润 | $241.6M | $100.0M |
| 毛利率 | 46.1% | — |
| 营业利润率 | 17.0% | 14.7% |
| 净利率 | 12.8% | 5.4% |
| 营收同比 | 4.6% | 1.5% |
| 净利润同比 | -3.0% | -63.9% |
| 每股收益（稀释后） | $1.96 | $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WSMWYNN
| Q4 25 | $1.9B | $1.9B | ||
| Q3 25 | $1.8B | $1.8B | ||
| Q2 25 | $1.7B | $1.7B | ||
| Q1 25 | $2.5B | $1.7B | ||
| Q4 24 | $1.8B | $1.8B | ||
| Q3 24 | $1.8B | $1.7B | ||
| Q2 24 | $1.7B | $1.7B | ||
| Q1 24 | $2.3B | $1.9B |
净利润WSMWYNN
| Q4 25 | $241.6M | $100.0M | ||
| Q3 25 | $247.6M | $88.3M | ||
| Q2 25 | $231.3M | $66.2M | ||
| Q1 25 | $384.9M | $72.7M | ||
| Q4 24 | $249.0M | $277.0M | ||
| Q3 24 | $225.7M | $-32.1M | ||
| Q2 24 | $265.7M | $111.9M | ||
| Q1 24 | $354.4M | $144.2M |
毛利率WSMWYNN
| Q4 25 | 46.1% | — | ||
| Q3 25 | 47.1% | — | ||
| Q2 25 | 44.3% | — | ||
| Q1 25 | 45.2% | — | ||
| Q4 24 | 46.7% | — | ||
| Q3 24 | 46.2% | — | ||
| Q2 24 | 48.3% | — | ||
| Q1 24 | 46.0% | — |
营业利润率WSMWYNN
| Q4 25 | 17.0% | 14.7% | ||
| Q3 25 | 17.9% | 16.9% | ||
| Q2 25 | 16.8% | 15.2% | ||
| Q1 25 | 20.1% | 15.8% | ||
| Q4 24 | 17.8% | 20.0% | ||
| Q3 24 | 16.2% | 7.9% | ||
| Q2 24 | 19.5% | 15.6% | ||
| Q1 24 | 20.1% | 19.5% |
净利率WSMWYNN
| Q4 25 | 12.8% | 5.4% | ||
| Q3 25 | 13.5% | 4.8% | ||
| Q2 25 | 13.4% | 3.8% | ||
| Q1 25 | 15.6% | 4.3% | ||
| Q4 24 | 13.8% | 15.1% | ||
| Q3 24 | 12.6% | -1.9% | ||
| Q2 24 | 16.0% | 6.5% | ||
| Q1 24 | 15.6% | 7.7% |
每股收益（稀释后）WSMWYNN
| Q4 25 | $1.96 | $0.96 | ||
| Q3 25 | $2.00 | $0.85 | ||
| Q2 25 | $1.85 | $0.64 | ||
| Q1 25 | $1.02 | $0.69 | ||
| Q4 24 | $1.96 | $2.43 | ||
| Q3 24 | $1.74 | $-0.29 | ||
| Q2 24 | $4.07 | $0.91 | ||
| Q1 24 | $5.42 | $1.30 |
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 | $884.7M | $1.5B |
| 总债务越低越好 | — | $10.5B |
| 股东权益账面价值 | $2.1B | $-275.5M |
| 总资产 | $5.3B | $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WSMWYNN
| Q4 25 | $884.7M | $1.5B | ||
| Q3 25 | $985.8M | $1.5B | ||
| Q2 25 | $1.0B | $2.0B | ||
| Q1 25 | $1.2B | $2.1B | ||
| Q4 24 | $826.8M | $2.4B | ||
| Q3 24 | $1.3B | $2.4B | ||
| Q2 24 | $1.3B | $2.4B | ||
| Q1 24 | $1.3B | $2.4B |
总债务WSMWYNN
| Q4 25 | — | $10.5B | ||
| Q3 25 | — | $10.6B | ||
| Q2 25 | — | $10.5B | ||
| Q1 25 | — | $10.6B | ||
| Q4 24 | — | $10.5B | ||
| Q3 24 | — | $11.8B | ||
| Q2 24 | — | $11.0B | ||
| Q1 24 | — | $11.2B |
股东权益WSMWYNN
| Q4 25 | $2.1B | $-275.5M | ||
| Q3 25 | $2.1B | $-370.0M | ||
| Q2 25 | $2.2B | $-441.5M | ||
| Q1 25 | $2.1B | $-360.7M | ||
| Q4 24 | $1.9B | $-224.2M | ||
| Q3 24 | $2.3B | $-281.4M | ||
| Q2 24 | $2.2B | $-109.8M | ||
| Q1 24 | $2.1B | $-137.0M |
总资产WSMWYNN
| Q4 25 | $5.3B | $13.1B | ||
| Q3 25 | $5.2B | $12.8B | ||
| Q2 25 | $5.2B | $12.7B | ||
| Q1 25 | $5.3B | $12.7B | ||
| Q4 24 | $5.0B | $13.0B | ||
| Q3 24 | $5.2B | $14.1B | ||
| Q2 24 | $5.2B | $13.3B | ||
| Q1 24 | $5.3B | $13.5B |
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 | $316.3M | $478.0M |
| 自由现金流经营现金流 - 资本支出 | $248.1M | $306.8M |
| 自由现金流率自由现金流/营收 | 13.2% | 16.4% |
| 资本支出强度资本支出/营收 | 3.6% | 9.2% |
| 现金转化率经营现金流/净利润 | 1.31× | 4.78× |
| 过去12个月自由现金流最近4个季度 | $1.1B | $692.2M |
8季度趋势，按日历期对齐
经营现金流WSMWYNN
| Q4 25 | $316.3M | $478.0M | ||
| Q3 25 | $282.7M | $335.8M | ||
| Q2 25 | $118.9M | $405.1M | ||
| Q1 25 | $633.5M | $133.8M | ||
| Q4 24 | $253.5M | $479.0M | ||
| Q3 24 | $246.5M | $279.3M | ||
| Q2 24 | $226.8M | $352.8M | ||
| Q1 24 | $674.9M | $315.1M |
自由现金流WSMWYNN
| Q4 25 | $248.1M | $306.8M | ||
| Q3 25 | $230.7M | $171.8M | ||
| Q2 25 | $60.7M | $239.8M | ||
| Q1 25 | $566.3M | $-26.2M | ||
| Q4 24 | $170.1M | $351.8M | ||
| Q3 24 | $215.1M | $178.0M | ||
| Q2 24 | $187.3M | $259.1M | ||
| Q1 24 | $621.2M | $217.4M |
自由现金流率WSMWYNN
| Q4 25 | 13.2% | 16.4% | ||
| Q3 25 | 12.6% | 9.4% | ||
| Q2 25 | 3.5% | 13.8% | ||
| Q1 25 | 23.0% | -1.5% | ||
| Q4 24 | 9.4% | 19.1% | ||
| Q3 24 | 12.0% | 10.5% | ||
| Q2 24 | 11.3% | 15.0% | ||
| Q1 24 | 27.3% | 11.7% |
资本支出强度WSMWYNN
| Q4 25 | 3.6% | 9.2% | ||
| Q3 25 | 2.8% | 8.9% | ||
| Q2 25 | 3.4% | 9.5% | ||
| Q1 25 | 2.7% | 9.4% | ||
| Q4 24 | 4.6% | 6.9% | ||
| Q3 24 | 1.8% | 6.0% | ||
| Q2 24 | 2.4% | 5.4% | ||
| Q1 24 | 2.4% | 5.2% |
现金转化率WSMWYNN
| Q4 25 | 1.31× | 4.78× | ||
| Q3 25 | 1.14× | 3.80× | ||
| Q2 25 | 0.51× | 6.12× | ||
| Q1 25 | 1.65× | 1.84× | ||
| Q4 24 | 1.02× | 1.73× | ||
| Q3 24 | 1.09× | — | ||
| Q2 24 | 0.85× | 3.15× | ||
| Q1 24 | 1.90× | 2.18× |
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
WSM
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% |
