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艾地盟（ADM）与NATIONAL BEVERAGE CORP（FIZZ）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NATIONAL BEVERAGE CORP的21.0倍（$6.1B vs $288.3M）。NATIONAL BEVERAGE CORP净利率更高（16.1% vs 7.5%，领先8.5%）。艾地盟同比增速更快（123.5% vs -1.0%）。NATIONAL BEVERAGE CORP自由现金流更多（$19.9M vs $-669.0M）。过去两年NATIONAL BEVERAGE CORP的营收复合增速更高（3.3% 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。
国家饮料公司是美国的饮料开发、生产及分销企业，总部位于佛罗里达州劳德代尔堡，主打风味软饮产品，旗下知名品牌包括LaCroix气泡水、Shasta和Faygo等，产品覆盖美国多地消费市场。
ADM vs FIZZ — 直观对比
营收规模更大
ADM
是对方的21.0倍
$288.3M
营收增速更快
ADM
高出124.5%
-1.0%
净利率更高
FIZZ
高出8.5%
7.5%
自由现金流更多
FIZZ
多$688.9M
$-669.0M
两年增速更快
FIZZ
近两年复合增速
-47.4%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $6.1B | $288.3M |
| 净利润 | $456.0M | $46.4M |
| 毛利率 | 20.0% | 37.9% |
| 营业利润率 | 7.9% | 20.1% |
| 净利率 | 7.5% | 16.1% |
| 营收同比 | 123.5% | -1.0% |
| 净利润同比 | -19.6% | 1.6% |
| 每股收益（稀释后） | $0.95 | $0.49 |
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ADMFIZZ
| Q4 25 | $6.1B | $288.3M | ||
| Q3 25 | $6.4B | $330.5M | ||
| Q2 25 | $6.3B | $313.6M | ||
| Q1 25 | $6.1B | $267.1M | ||
| Q4 24 | $-25.7B | $291.2M | ||
| Q3 24 | $6.0B | $329.5M | ||
| Q2 24 | $22.2B | $297.3M | ||
| Q1 24 | $21.8B | $270.1M |
净利润ADMFIZZ
| Q4 25 | $456.0M | $46.4M | ||
| Q3 25 | $108.0M | $55.8M | ||
| Q2 25 | $219.0M | $44.8M | ||
| Q1 25 | $295.0M | $39.6M | ||
| Q4 24 | $567.0M | $45.6M | ||
| Q3 24 | $18.0M | $56.8M | ||
| Q2 24 | $486.0M | $43.7M | ||
| Q1 24 | $729.0M | $39.6M |
毛利率ADMFIZZ
| Q4 25 | 20.0% | 37.9% | ||
| Q3 25 | 19.8% | 38.0% | ||
| Q2 25 | 21.6% | 36.1% | ||
| Q1 25 | 19.2% | 37.1% | ||
| Q4 24 | — | 37.6% | ||
| Q3 24 | 22.8% | 37.2% | ||
| Q2 24 | 6.3% | 36.7% | ||
| Q1 24 | 7.6% | 35.9% |
营业利润率ADMFIZZ
| Q4 25 | 7.9% | 20.1% | ||
| Q3 25 | 2.3% | 21.4% | ||
| Q2 25 | 4.4% | 18.3% | ||
| Q1 25 | 5.7% | 18.9% | ||
| Q4 24 | — | 19.9% | ||
| Q3 24 | 1.8% | 21.1% | ||
| Q2 24 | 2.7% | 17.8% | ||
| Q1 24 | 4.1% | 17.8% |
净利率ADMFIZZ
| Q4 25 | 7.5% | 16.1% | ||
| Q3 25 | 1.7% | 16.9% | ||
| Q2 25 | 3.5% | 14.3% | ||
| Q1 25 | 4.8% | 14.8% | ||
| Q4 24 | -2.2% | 15.7% | ||
| Q3 24 | 0.3% | 17.2% | ||
| Q2 24 | 2.2% | 14.7% | ||
| Q1 24 | 3.3% | 14.7% |
每股收益（稀释后）ADMFIZZ
| Q4 25 | $0.95 | $0.49 | ||
| Q3 25 | $0.22 | $0.60 | ||
| Q2 25 | $0.45 | $0.47 | ||
| Q1 25 | $0.61 | $0.42 | ||
| Q4 24 | $1.21 | $0.49 | ||
| Q3 24 | $0.04 | $0.61 | ||
| Q2 24 | $0.98 | $-52.00 | ||
| Q1 24 | $1.42 | $0.42 |
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 | $269.3M |
| 总债务越低越好 | $7.6B | — |
| 股东权益账面价值 | $22.7B | $551.3M |
| 总资产 | $52.4B | $749.0M |
| 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ADMFIZZ
| Q4 25 | $1.0B | $269.3M | ||
| Q3 25 | $1.2B | $249.8M | ||
| Q2 25 | $1.1B | $193.8M | ||
| Q1 25 | $864.0M | $149.2M | ||
| Q4 24 | $611.0M | $112.8M | ||
| Q3 24 | $784.0M | $77.0M | ||
| Q2 24 | $764.0M | $327.0M | ||
| Q1 24 | $830.0M | $277.0M |
总债务ADMFIZZ
| 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ADMFIZZ
| Q4 25 | $22.7B | $551.3M | ||
| Q3 25 | $22.5B | $504.1M | ||
| Q2 25 | $22.4B | $444.0M | ||
| Q1 25 | $22.1B | $400.2M | ||
| Q4 24 | $22.2B | $360.1M | ||
| Q3 24 | $22.0B | $306.6M | ||
| Q2 24 | $22.2B | $559.5M | ||
| Q1 24 | $23.2B | $510.2M |
总资产ADMFIZZ
| Q4 25 | $52.4B | $749.0M | ||
| Q3 25 | $51.9B | $737.8M | ||
| Q2 25 | $52.0B | $672.9M | ||
| Q1 25 | $53.4B | $594.0M | ||
| Q4 24 | $53.3B | $557.4M | ||
| Q3 24 | $52.2B | $522.6M | ||
| Q2 24 | $52.7B | $770.2M | ||
| Q1 24 | $54.8B | $719.9M |
负债/权益比ADMFIZZ
| 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 | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $-669.0M | $19.9M |
| 自由现金流率自由现金流/营收 | -11.1% | 6.9% |
| 资本支出强度资本支出/营收 | 5.9% | 2.0% |
| 现金转化率经营现金流/净利润 | -0.69× | 0.55× |
| 过去12个月自由现金流最近4个季度 | $4.2B | $156.8M |
8季度趋势，按日历期对齐
经营现金流ADMFIZZ
| Q4 25 | $-313.0M | $25.7M | ||
| Q3 25 | $1.8B | $59.1M | ||
| Q2 25 | $4.3B | $60.1M | ||
| Q1 25 | $-342.0M | $46.5M | ||
| Q4 24 | $322.0M | $42.6M | ||
| Q3 24 | $1.3B | $57.5M | ||
| Q2 24 | $468.0M | $60.4M | ||
| Q1 24 | $700.0M | $35.4M |
自由现金流ADMFIZZ
| Q4 25 | $-669.0M | $19.9M | ||
| Q3 25 | $1.5B | $56.0M | ||
| Q2 25 | $4.0B | $44.6M | ||
| Q1 25 | $-633.0M | $36.3M | ||
| Q4 24 | $-170.0M | $35.7M | ||
| Q3 24 | $919.0M | $53.8M | ||
| Q2 24 | $106.0M | $49.6M | ||
| Q1 24 | $372.0M | $28.7M |
自由现金流率ADMFIZZ
| Q4 25 | -11.1% | 6.9% | ||
| Q3 25 | 23.6% | 16.9% | ||
| Q2 25 | 63.0% | 14.2% | ||
| Q1 25 | -10.3% | 13.6% | ||
| Q4 24 | 0.7% | 12.3% | ||
| Q3 24 | 15.3% | 16.3% | ||
| Q2 24 | 0.5% | 16.7% | ||
| Q1 24 | 1.7% | 10.6% |
资本支出强度ADMFIZZ
| Q4 25 | 5.9% | 2.0% | ||
| Q3 25 | 4.6% | 0.9% | ||
| Q2 25 | 4.8% | 4.9% | ||
| Q1 25 | 4.7% | 3.8% | ||
| Q4 24 | -1.9% | 2.4% | ||
| Q3 24 | 6.4% | 1.1% | ||
| Q2 24 | 1.6% | 3.6% | ||
| Q1 24 | 1.5% | 2.5% |
现金转化率ADMFIZZ
| Q4 25 | -0.69× | 0.55× | ||
| Q3 25 | 16.75× | 1.06× | ||
| Q2 25 | 19.63× | 1.34× | ||
| Q1 25 | -1.16× | 1.17× | ||
| Q4 24 | 0.57× | 0.93× | ||
| Q3 24 | 72.22× | 1.01× | ||
| Q2 24 | 0.96× | 1.38× | ||
| Q1 24 | 0.96× | 0.89× |
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% |
FIZZ
暂无分部数据
