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ABM INDUSTRIES INC（ABM）与百胜中国（YUMC）财务数据对比。点击上方公司名可切换其他公司
百胜中国的季度营收约是ABM INDUSTRIES INC的1.2倍（$2.8B vs $2.3B），百胜中国净利率更高（5.0% vs 1.5%，领先3.4%），百胜中国同比增速更快（8.8% vs 5.4%），ABM INDUSTRIES INC自由现金流更多（$112.7M vs $-116.0M），过去两年ABM INDUSTRIES INC的营收复合增速更高（5.3% vs -2.3%）
ABM工业是美国知名的设施管理服务商，1909年由莫里斯·罗森伯格在加利福尼亚州旧金山创立。其业务覆盖电气、照明、能源管理、设施工程、电气化、暖通空调、机电运维、保洁、景观养护、停车场管理、交通配套等多元设施服务领域，为各类客户提供一体化的场地运营解决方案。
百胜中国是总部位于上海的世界500强快餐企业，2016年从百胜餐饮集团分拆独立上市，获百胜餐饮集团商标授权，按全系统销售额的3%支付授权费。目前在国内1100多座城市运营超8400家餐厅，全球门店总数超10600家，年营收达95亿美元，是全球规模最大的餐饮企业之一。
ABM vs YUMC — 直观对比
营收规模更大
YUMC
是对方的1.2倍
$2.3B
营收增速更快
YUMC
高出3.4%
5.4%
净利率更高
YUMC
高出3.4%
1.5%
自由现金流更多
ABM
多$228.7M
$-116.0M
两年增速更快
ABM
近两年复合增速
-2.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $2.8B |
| 净利润 | $34.8M | $140.0M |
| 毛利率 | 11.8% | — |
| 营业利润率 | 3.0% | 6.6% |
| 净利率 | 1.5% | 5.0% |
| 营收同比 | 5.4% | 8.8% |
| 净利润同比 | 394.9% | 21.7% |
| 每股收益（稀释后） | $0.56 | $0.40 |
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ABMYUMC
| Q4 25 | $2.3B | $2.8B | ||
| Q3 25 | $2.2B | $3.2B | ||
| Q2 25 | $2.1B | $2.8B | ||
| Q1 25 | $2.1B | $3.0B | ||
| Q4 24 | $2.2B | $2.6B | ||
| Q3 24 | $2.1B | $3.1B | ||
| Q2 24 | $2.0B | $2.7B | ||
| Q1 24 | $2.1B | $3.0B |
净利润ABMYUMC
| Q4 25 | $34.8M | $140.0M | ||
| Q3 25 | $41.8M | $282.0M | ||
| Q2 25 | $42.2M | $215.0M | ||
| Q1 25 | $43.6M | $292.0M | ||
| Q4 24 | $-11.8M | $115.0M | ||
| Q3 24 | $4.7M | $297.0M | ||
| Q2 24 | $43.8M | $212.0M | ||
| Q1 24 | $44.7M | $287.0M |
毛利率ABMYUMC
| Q4 25 | 11.8% | — | ||
| Q3 25 | 12.3% | — | ||
| Q2 25 | 12.8% | — | ||
| Q1 25 | 12.3% | — | ||
| Q4 24 | 12.5% | — | ||
| Q3 24 | 12.6% | — | ||
| Q2 24 | 12.6% | — | ||
| Q1 24 | 11.8% | — |
营业利润率ABMYUMC
| Q4 25 | 3.0% | 6.6% | ||
| Q3 25 | 3.8% | 12.5% | ||
| Q2 25 | 3.9% | 10.9% | ||
| Q1 25 | 3.7% | 13.4% | ||
| Q4 24 | 0.9% | 5.8% | ||
| Q3 24 | 1.8% | 12.1% | ||
| Q2 24 | 4.0% | 9.9% | ||
| Q1 24 | 3.6% | 12.6% |
净利率ABMYUMC
| Q4 25 | 1.5% | 5.0% | ||
| Q3 25 | 1.9% | 8.8% | ||
| Q2 25 | 2.0% | 7.7% | ||
| Q1 25 | 2.1% | 9.8% | ||
| Q4 24 | -0.5% | 4.4% | ||
| Q3 24 | 0.2% | 9.7% | ||
| Q2 24 | 2.2% | 7.9% | ||
| Q1 24 | 2.2% | 9.7% |
每股收益（稀释后）ABMYUMC
| Q4 25 | $0.56 | $0.40 | ||
| Q3 25 | $0.67 | $0.76 | ||
| Q2 25 | $0.67 | $0.58 | ||
| Q1 25 | $0.69 | $0.77 | ||
| Q4 24 | $-0.18 | $0.30 | ||
| Q3 24 | $0.07 | $0.77 | ||
| Q2 24 | $0.69 | $0.55 | ||
| Q1 24 | $0.70 | $0.71 |
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 | $104.1M | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.8B | $5.4B |
| 总资产 | $5.3B | $10.8B |
| 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ABMYUMC
| Q4 25 | $104.1M | $1.4B | ||
| Q3 25 | $69.3M | $2.1B | ||
| Q2 25 | $58.7M | $2.2B | ||
| Q1 25 | $59.0M | $2.0B | ||
| Q4 24 | $64.6M | $1.8B | ||
| Q3 24 | $86.3M | $2.5B | ||
| Q2 24 | $60.7M | $2.5B | ||
| Q1 24 | $58.0M | $2.4B |
股东权益ABMYUMC
| Q4 25 | $1.8B | $5.4B | ||
| Q3 25 | $1.8B | $5.7B | ||
| Q2 25 | $1.8B | $5.8B | ||
| Q1 25 | $1.8B | $5.8B | ||
| Q4 24 | $1.8B | $5.7B | ||
| Q3 24 | $1.8B | $6.0B | ||
| Q2 24 | $1.8B | $5.8B | ||
| Q1 24 | $1.8B | $5.9B |
总资产ABMYUMC
| Q4 25 | $5.3B | $10.8B | ||
| Q3 25 | $5.3B | $11.0B | ||
| Q2 25 | $5.3B | $11.0B | ||
| Q1 25 | $5.2B | $11.0B | ||
| Q4 24 | $5.1B | $11.1B | ||
| Q3 24 | $5.0B | $11.8B | ||
| Q2 24 | $4.9B | $11.6B | ||
| Q1 24 | $5.0B | $11.3B |
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 | $133.4M | $125.0M |
| 自由现金流经营现金流 - 资本支出 | $112.7M | $-116.0M |
| 自由现金流率自由现金流/营收 | 4.9% | -4.1% |
| 资本支出强度资本支出/营收 | 0.9% | 8.5% |
| 现金转化率经营现金流/净利润 | 3.83× | 0.89× |
| 过去12个月自由现金流最近4个季度 | $155.1M | $840.0M |
8季度趋势，按日历期对齐
经营现金流ABMYUMC
| Q4 25 | $133.4M | $125.0M | ||
| Q3 25 | $174.9M | $477.0M | ||
| Q2 25 | $32.3M | $412.0M | ||
| Q1 25 | $-106.2M | $452.0M | ||
| Q4 24 | $30.4M | $167.0M | ||
| Q3 24 | $79.4M | $409.0M | ||
| Q2 24 | $117.0M | $401.0M | ||
| Q1 24 | $-100.0K | $442.0M |
自由现金流ABMYUMC
| Q4 25 | $112.7M | $-116.0M | ||
| Q3 25 | $150.1M | $351.0M | ||
| Q2 25 | $15.2M | $290.0M | ||
| Q1 25 | $-122.9M | $315.0M | ||
| Q4 24 | $15.6M | $-15.0M | ||
| Q3 24 | $63.9M | $244.0M | ||
| Q2 24 | $101.5M | $232.0M | ||
| Q1 24 | $-13.7M | $253.0M |
自由现金流率ABMYUMC
| Q4 25 | 4.9% | -4.1% | ||
| Q3 25 | 6.7% | 10.9% | ||
| Q2 25 | 0.7% | 10.4% | ||
| Q1 25 | -5.8% | 10.6% | ||
| Q4 24 | 0.7% | -0.6% | ||
| Q3 24 | 3.1% | 7.9% | ||
| Q2 24 | 5.0% | 8.7% | ||
| Q1 24 | -0.7% | 8.6% |
资本支出强度ABMYUMC
| Q4 25 | 0.9% | 8.5% | ||
| Q3 25 | 1.1% | 3.9% | ||
| Q2 25 | 0.8% | 4.4% | ||
| Q1 25 | 0.8% | 4.6% | ||
| Q4 24 | 0.7% | 7.0% | ||
| Q3 24 | 0.7% | 5.4% | ||
| Q2 24 | 0.8% | 6.3% | ||
| Q1 24 | 0.7% | 6.4% |
现金转化率ABMYUMC
| Q4 25 | 3.83× | 0.89× | ||
| Q3 25 | 4.18× | 1.69× | ||
| Q2 25 | 0.77× | 1.92× | ||
| Q1 25 | -2.44× | 1.55× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | 16.89× | 1.38× | ||
| Q2 24 | 2.67× | 1.89× | ||
| Q1 24 | -0.00× | 1.54× |
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
ABM
| Facility Service Line Janitorial | $729.5M | 32% |
| Technical Solutions | $298.6M | 13% |
| Aviation | $296.7M | 13% |
| Education | $233.8M | 10% |
| Engineering And Infrastructure Service Line | $211.3M | 9% |
| Engineering And Infrastructure Service Line Operations And Maintenance | $207.2M | 9% |
| Facility Service Line Aviation Services | $134.4M | 6% |
| Facility Service Line Parking And Transportation | $108.0M | 5% |
| Management Reimbursement Revenue | $86.9M | 4% |
YUMC
| Revenue From External Customers | $2.1B | 75% |
| Pizza Hut | $540.0M | 19% |
| Corporate And Unallocated | $105.0M | 4% |
| Other Revenue | $45.0M | 2% |
| Franchise Fees And Income | $25.0M | 1% |
