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艾地盟（ADM）与CALAVO GROWERS INC（CVGW）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CALAVO GROWERS INC的48.5倍（$6.1B vs $124.7M）。艾地盟净利率更高（7.5% vs 3.1%，领先4.5%）。艾地盟同比增速更快（123.5% vs -26.6%）。CALAVO GROWERS INC自由现金流更多（$1.2M vs $-669.0M）。过去两年CALAVO GROWERS INC的营收复合增速更高（-1.2% 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。
卡拉沃种植者公司是一家国际化农产消费品企业，核心业务涉及牛油果及其他鲜果、新鲜预制食品的包装与分销，产品面向全球各地的餐饮门店、零售卖场以及个人客户供应，是生鲜果蔬领域颇具规模的供应商。
ADM vs CVGW — 直观对比
营收规模更大
ADM
是对方的48.5倍
$124.7M
营收增速更快
ADM
高出150.2%
-26.6%
净利率更高
ADM
高出4.5%
3.1%
自由现金流更多
CVGW
多$670.2M
$-669.0M
两年增速更快
CVGW
近两年复合增速
-47.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.1B | $124.7M |
| 净利润 | $456.0M | $3.8M |
| 毛利率 | 20.0% | 9.3% |
| 营业利润率 | 7.9% | -1.4% |
| 净利率 | 7.5% | 3.1% |
| 营收同比 | 123.5% | -26.6% |
| 净利润同比 | -19.6% | 2846.0% |
| 每股收益（稀释后） | $0.95 | $0.22 |
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ADMCVGW
| Q4 25 | $6.1B | $124.7M | ||
| Q3 25 | $6.4B | $178.8M | ||
| Q2 25 | $6.3B | $190.5M | ||
| Q1 25 | $6.1B | $154.4M | ||
| Q4 24 | $-25.7B | $170.0M | ||
| Q3 24 | $6.0B | $179.6M | ||
| Q2 24 | $22.2B | $184.4M | ||
| Q1 24 | $21.8B | $127.6M |
净利润ADMCVGW
| Q4 25 | $456.0M | $3.8M | ||
| Q3 25 | $108.0M | $4.7M | ||
| Q2 25 | $219.0M | $6.8M | ||
| Q1 25 | $295.0M | $4.4M | ||
| Q4 24 | $567.0M | $-139.0K | ||
| Q3 24 | $18.0M | $-732.0K | ||
| Q2 24 | $486.0M | $6.1M | ||
| Q1 24 | $729.0M | $-6.3M |
毛利率ADMCVGW
| Q4 25 | 20.0% | 9.3% | ||
| Q3 25 | 19.8% | 10.2% | ||
| Q2 25 | 21.6% | 9.5% | ||
| Q1 25 | 19.2% | 10.2% | ||
| Q4 24 | — | 9.7% | ||
| Q3 24 | 22.8% | 11.2% | ||
| Q2 24 | 6.3% | 11.1% | ||
| Q1 24 | 7.6% | 8.4% |
营业利润率ADMCVGW
| Q4 25 | 7.9% | -1.4% | ||
| Q3 25 | 2.3% | 4.8% | ||
| Q2 25 | 4.4% | 4.0% | ||
| Q1 25 | 5.7% | 3.3% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | 1.8% | 5.2% | ||
| Q2 24 | 2.7% | 4.0% | ||
| Q1 24 | 4.1% | -2.4% |
净利率ADMCVGW
| Q4 25 | 7.5% | 3.1% | ||
| Q3 25 | 1.7% | 2.6% | ||
| Q2 25 | 3.5% | 3.6% | ||
| Q1 25 | 4.8% | 2.9% | ||
| Q4 24 | -2.2% | -0.1% | ||
| Q3 24 | 0.3% | -0.4% | ||
| Q2 24 | 2.2% | 3.3% | ||
| Q1 24 | 3.3% | -4.9% |
每股收益（稀释后）ADMCVGW
| Q4 25 | $0.95 | $0.22 | ||
| Q3 25 | $0.22 | $0.26 | ||
| Q2 25 | $0.45 | $0.38 | ||
| Q1 25 | $0.61 | $0.25 | ||
| Q4 24 | $1.21 | $-0.01 | ||
| Q3 24 | $0.04 | $-0.04 | ||
| Q2 24 | $0.98 | $0.34 | ||
| Q1 24 | $1.42 | $-0.35 |
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 | $61.2M |
| 总债务越低越好 | $7.6B | — |
| 股东权益账面价值 | $22.7B | $206.9M |
| 总资产 | $52.4B | $292.2M |
| 负债/权益比越低杠杆越低 | 0.33× | — |
8季度趋势，按日历期对齐
现金及短期投资ADMCVGW
| Q4 25 | $1.0B | $61.2M | ||
| Q3 25 | $1.2B | $63.8M | ||
| Q2 25 | $1.1B | $60.4M | ||
| Q1 25 | $864.0M | $48.5M | ||
| Q4 24 | $611.0M | $57.0M | ||
| Q3 24 | $784.0M | $1.1M | ||
| Q2 24 | $764.0M | $4.3M | ||
| Q1 24 | $830.0M | $5.7M |
总债务ADMCVGW
| Q4 25 | $7.6B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.3B | — | ||
| Q3 24 | $7.6B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ADMCVGW
| Q4 25 | $22.7B | $206.9M | ||
| Q3 25 | $22.5B | $206.4M | ||
| Q2 25 | $22.4B | $206.6M | ||
| Q1 25 | $22.1B | $202.9M | ||
| Q4 24 | $22.2B | $200.3M | ||
| Q3 24 | $22.0B | $205.2M | ||
| Q2 24 | $22.2B | $207.3M | ||
| Q1 24 | $23.2B | $202.5M |
总资产ADMCVGW
| Q4 25 | $52.4B | $292.2M | ||
| Q3 25 | $51.9B | $301.2M | ||
| Q2 25 | $52.0B | $321.5M | ||
| Q1 25 | $53.4B | $298.9M | ||
| Q4 24 | $53.3B | $301.1M | ||
| Q3 24 | $52.2B | $382.4M | ||
| Q2 24 | $52.7B | $411.4M | ||
| Q1 24 | $54.8B | $394.7M |
负债/权益比ADMCVGW
| Q4 25 | 0.33× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.37× | — | ||
| Q3 24 | 0.35× | — | ||
| 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 | $2.3M |
| 自由现金流经营现金流 - 资本支出 | $-669.0M | $1.2M |
| 自由现金流率自由现金流/营收 | -11.1% | 1.0% |
| 资本支出强度资本支出/营收 | 5.9% | 0.9% |
| 现金转化率经营现金流/净利润 | -0.69× | 0.60× |
| 过去12个月自由现金流最近4个季度 | $4.2B | $19.4M |
8季度趋势，按日历期对齐
经营现金流ADMCVGW
| Q4 25 | $-313.0M | $2.3M | ||
| Q3 25 | $1.8B | $8.0M | ||
| Q2 25 | $4.3B | $15.7M | ||
| Q1 25 | $-342.0M | $-4.4M | ||
| Q4 24 | $322.0M | $10.8M | ||
| Q3 24 | $1.3B | $11.4M | ||
| Q2 24 | $468.0M | $2.1M | ||
| Q1 24 | $700.0M | $58.0K |
自由现金流ADMCVGW
| Q4 25 | $-669.0M | $1.2M | ||
| Q3 25 | $1.5B | $7.3M | ||
| Q2 25 | $4.0B | $15.6M | ||
| Q1 25 | $-633.0M | $-4.7M | ||
| Q4 24 | $-170.0M | $10.5M | ||
| Q3 24 | $919.0M | $11.3M | ||
| Q2 24 | $106.0M | $745.0K | ||
| Q1 24 | $372.0M | $-972.0K |
自由现金流率ADMCVGW
| Q4 25 | -11.1% | 1.0% | ||
| Q3 25 | 23.6% | 4.1% | ||
| Q2 25 | 63.0% | 8.2% | ||
| Q1 25 | -10.3% | -3.1% | ||
| Q4 24 | 0.7% | 6.2% | ||
| Q3 24 | 15.3% | 6.3% | ||
| Q2 24 | 0.5% | 0.4% | ||
| Q1 24 | 1.7% | -0.8% |
资本支出强度ADMCVGW
| Q4 25 | 5.9% | 0.9% | ||
| Q3 25 | 4.6% | 0.4% | ||
| Q2 25 | 4.8% | 0.1% | ||
| Q1 25 | 4.7% | 0.2% | ||
| Q4 24 | -1.9% | 0.2% | ||
| Q3 24 | 6.4% | 0.1% | ||
| Q2 24 | 1.6% | 0.7% | ||
| Q1 24 | 1.5% | 0.8% |
现金转化率ADMCVGW
| Q4 25 | -0.69× | 0.60× | ||
| Q3 25 | 16.75× | 1.69× | ||
| Q2 25 | 19.63× | 2.29× | ||
| Q1 25 | -1.16× | -1.00× | ||
| Q4 24 | 0.57× | — | ||
| Q3 24 | 72.22× | — | ||
| Q2 24 | 0.96× | 0.35× | ||
| Q1 24 | 0.96× | — |
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% |
CVGW
| Fresh Products | $104.7M | 84% |
| Segment Prepared | $14.5M | 12% |
| Tomatoes | $4.6M | 4% |
