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艾地盟（ADM）与BrightView Holdings, Inc.（BV）财务数据对比。点击上方公司名可切换其他公司
艾地盟的季度营收约是BrightView Holdings, Inc.的9.8倍（$6.1B vs $614.7M）。艾地盟净利率更高（7.5% vs -2.5%，领先10.0%）。艾地盟同比增速更快（123.5% vs 2.6%）。BrightView Holdings, Inc.自由现金流更多（$-18.6M vs $-669.0M）。过去两年BrightView Holdings, Inc.的营收复合增速更高（-4.4% vs -47.4%）
艾地盟（ADM）是美国跨国食品加工与大宗商品贸易企业，1902年成立，总部位于伊利诺伊州芝加哥。集团在全球布局270多家加工厂及420多个农作物采购站点，将谷物、油籽加工为食品、饮料、营养保健、工业生产及动物饲料领域的各类产品，供应全球市场。
BrightView Holdings是美国领先的商业景观服务提供商，业务涵盖景观设计、施工、日常养护、灌溉系统管理、除雪除冰等，服务客户覆盖企业园区、商业中心、住宅社区及公共部门等场景。
ADM vs BV — 直观对比
营收规模更大
ADM
是对方的9.8倍
$614.7M
营收增速更快
ADM
高出121.0%
2.6%
净利率更高
ADM
高出10.0%
-2.5%
自由现金流更多
BV
多$650.4M
$-669.0M
两年增速更快
BV
近两年复合增速
-47.4%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $6.1B | $614.7M |
| 净利润 | $456.0M | $-15.2M |
| 毛利率 | 20.0% | 18.6% |
| 营业利润率 | 7.9% | -1.2% |
| 净利率 | 7.5% | -2.5% |
| 营收同比 | 123.5% | 2.6% |
| 净利润同比 | -19.6% | -46.2% |
| 每股收益（稀释后） | $0.95 | $-0.26 |
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ADMBV
| Q4 25 | $6.1B | $614.7M | ||
| Q3 25 | $6.4B | $702.7M | ||
| Q2 25 | $6.3B | $708.3M | ||
| Q1 25 | $6.1B | $662.6M | ||
| Q4 24 | $-25.7B | $599.2M | ||
| Q3 24 | $6.0B | $728.7M | ||
| Q2 24 | $22.2B | $738.8M | ||
| Q1 24 | $21.8B | $672.9M |
净利润ADMBV
| Q4 25 | $456.0M | $-15.2M | ||
| Q3 25 | $108.0M | $27.7M | ||
| Q2 25 | $219.0M | $32.3M | ||
| Q1 25 | $295.0M | $6.4M | ||
| Q4 24 | $567.0M | $-10.4M | ||
| Q3 24 | $18.0M | $25.6M | ||
| Q2 24 | $486.0M | $23.5M | ||
| Q1 24 | $729.0M | $33.7M |
毛利率ADMBV
| Q4 25 | 20.0% | 18.6% | ||
| Q3 25 | 19.8% | 25.1% | ||
| Q2 25 | 21.6% | 24.1% | ||
| Q1 25 | 19.2% | 22.3% | ||
| Q4 24 | — | 21.2% | ||
| Q3 24 | 22.8% | 25.0% | ||
| Q2 24 | 6.3% | 24.0% | ||
| Q1 24 | 7.6% | 22.6% |
营业利润率ADMBV
| Q4 25 | 7.9% | -1.2% | ||
| Q3 25 | 2.3% | 7.9% | ||
| Q2 25 | 4.4% | 8.1% | ||
| Q1 25 | 5.7% | 3.4% | ||
| Q4 24 | — | -0.1% | ||
| Q3 24 | 1.8% | 7.1% | ||
| Q2 24 | 2.7% | 6.6% | ||
| Q1 24 | 4.1% | 9.2% |
净利率ADMBV
| Q4 25 | 7.5% | -2.5% | ||
| Q3 25 | 1.7% | 3.9% | ||
| Q2 25 | 3.5% | 4.6% | ||
| Q1 25 | 4.8% | 1.0% | ||
| Q4 24 | -2.2% | -1.7% | ||
| Q3 24 | 0.3% | 3.5% | ||
| Q2 24 | 2.2% | 3.2% | ||
| Q1 24 | 3.3% | 5.0% |
每股收益（稀释后）ADMBV
| Q4 25 | $0.95 | $-0.26 | ||
| Q3 25 | $0.22 | $0.21 | ||
| Q2 25 | $0.45 | $0.15 | ||
| Q1 25 | $0.61 | $-0.03 | ||
| Q4 24 | $1.21 | $-0.20 | ||
| Q3 24 | $0.04 | $0.20 | ||
| Q2 24 | $0.98 | $0.10 | ||
| Q1 24 | $1.42 | $0.17 |
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 | $1.0B | $37.0M |
| 总债务越低越好 | $7.6B | $801.1M |
| 股东权益账面价值 | $22.7B | $1.3B |
| 总资产 | $52.4B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资ADMBV
| Q4 25 | $1.0B | $37.0M | ||
| Q3 25 | $1.2B | $74.5M | ||
| Q2 25 | $1.1B | $79.1M | ||
| Q1 25 | $864.0M | $141.3M | ||
| Q4 24 | $611.0M | $98.3M | ||
| Q3 24 | $784.0M | $140.4M | ||
| Q2 24 | $764.0M | $115.9M | ||
| Q1 24 | $830.0M | $177.3M |
总债务ADMBV
| Q4 25 | $7.6B | $801.1M | ||
| Q3 25 | — | $790.2M | ||
| Q2 25 | — | $790.7M | ||
| Q1 25 | — | $798.9M | ||
| Q4 24 | $8.3B | $796.5M | ||
| Q3 24 | $7.6B | $802.5M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ADMBV
| Q4 25 | $22.7B | $1.3B | ||
| Q3 25 | $22.5B | $1.3B | ||
| Q2 25 | $22.4B | $1.3B | ||
| Q1 25 | $22.1B | $1.3B | ||
| Q4 24 | $22.2B | $1.3B | ||
| Q3 24 | $22.0B | $1.3B | ||
| Q2 24 | $22.2B | $1.3B | ||
| Q1 24 | $23.2B | $1.2B |
总资产ADMBV
| Q4 25 | $52.4B | $3.3B | ||
| Q3 25 | $51.9B | $3.4B | ||
| Q2 25 | $52.0B | $3.4B | ||
| Q1 25 | $53.4B | $3.3B | ||
| Q4 24 | $53.3B | $3.3B | ||
| Q3 24 | $52.2B | $3.4B | ||
| Q2 24 | $52.7B | $3.4B | ||
| Q1 24 | $54.8B | $3.4B |
负债/权益比ADMBV
| Q4 25 | 0.33× | 0.64× | ||
| Q3 25 | — | 0.61× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | 0.37× | 0.63× | ||
| Q3 24 | 0.35× | 0.63× | ||
| Q2 24 | — | — | ||
| Q1 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 | $-313.0M | $36.1M |
| 自由现金流经营现金流 - 资本支出 | $-669.0M | $-18.6M |
| 自由现金流率自由现金流/营收 | -11.1% | -3.0% |
| 资本支出强度资本支出/营收 | 5.9% | 8.9% |
| 现金转化率经营现金流/净利润 | -0.69× | — |
| 过去12个月自由现金流最近4个季度 | $4.2B | $17.2M |
8季度趋势，按日历期对齐
经营现金流ADMBV
| Q4 25 | $-313.0M | $36.1M | ||
| Q3 25 | $1.8B | $84.4M | ||
| Q2 25 | $4.3B | $55.7M | ||
| Q1 25 | $-342.0M | $91.2M | ||
| Q4 24 | $322.0M | $60.5M | ||
| Q3 24 | $1.3B | $53.5M | ||
| Q2 24 | $468.0M | $42.6M | ||
| Q1 24 | $700.0M | $83.3M |
自由现金流ADMBV
| Q4 25 | $-669.0M | $-18.6M | ||
| Q3 25 | $1.5B | $26.0M | ||
| Q2 25 | $4.0B | $-47.8M | ||
| Q1 25 | $-633.0M | $57.6M | ||
| Q4 24 | $-170.0M | $1.8M | ||
| Q3 24 | $919.0M | $21.1M | ||
| Q2 24 | $106.0M | $19.3M | ||
| Q1 24 | $372.0M | $70.7M |
自由现金流率ADMBV
| Q4 25 | -11.1% | -3.0% | ||
| Q3 25 | 23.6% | 3.7% | ||
| Q2 25 | 63.0% | -6.7% | ||
| Q1 25 | -10.3% | 8.7% | ||
| Q4 24 | 0.7% | 0.3% | ||
| Q3 24 | 15.3% | 2.9% | ||
| Q2 24 | 0.5% | 2.6% | ||
| Q1 24 | 1.7% | 10.5% |
资本支出强度ADMBV
| Q4 25 | 5.9% | 8.9% | ||
| Q3 25 | 4.6% | 8.3% | ||
| Q2 25 | 4.8% | 14.6% | ||
| Q1 25 | 4.7% | 5.1% | ||
| Q4 24 | -1.9% | 9.8% | ||
| Q3 24 | 6.4% | 4.4% | ||
| Q2 24 | 1.6% | 3.2% | ||
| Q1 24 | 1.5% | 1.9% |
现金转化率ADMBV
| Q4 25 | -0.69× | — | ||
| Q3 25 | 16.75× | 3.05× | ||
| Q2 25 | 19.63× | 1.72× | ||
| Q1 25 | -1.16× | 14.25× | ||
| Q4 24 | 0.57× | — | ||
| Q3 24 | 72.22× | 2.09× | ||
| Q2 24 | 0.96× | 1.81× | ||
| Q1 24 | 0.96× | 2.47× |
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
ADM
| Starchesandsweeteners | $1.4B | 23% |
| Ag Services | $1.1B | 18% |
| Human Nutrition | $961.0M | 16% |
| Refined Productsand Other | $924.0M | 15% |
| Animal Nutrition | $825.0M | 14% |
| Vantage Corn Processors | $700.0M | 12% |
| Transferred Over Time | $176.0M | 3% |
| Crushing | $59.0M | 1% |
BV
| Landscape Maintenance | $368.0M | 60% |
| Development Services Segment | $179.2M | 29% |
| Snow Removal | $68.4M | 11% |
