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艾地盟（ADM）与TOOTSIE ROLL INDUSTRIES INC（TR）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TOOTSIE ROLL INDUSTRIES INC的30.8倍（$6.1B vs $196.3M）。TOOTSIE ROLL INDUSTRIES INC净利率更高（14.7% vs 7.5%，领先7.1%）。艾地盟同比增速更快（123.5% vs 1.5%）。TOOTSIE ROLL INDUSTRIES INC自由现金流更多（$61.0M vs $-669.0M）。过去两年TOOTSIE ROLL INDUSTRIES INC的营收复合增速更高（13.2% 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。
图西罗工业是总部位于美国伊利诺伊州芝加哥的糖果生产企业，核心产品包括同名的图西罗软糖、图西棒棒糖等广受欢迎的糖果产品，旗下品牌目前已销往加拿大、墨西哥等全球超过75个国家和地区。
ADM vs TR — 直观对比
营收规模更大
ADM
是对方的30.8倍
$196.3M
营收增速更快
ADM
高出122.0%
1.5%
净利率更高
TR
高出7.1%
7.5%
自由现金流更多
TR
多$730.0M
$-669.0M
两年增速更快
TR
近两年复合增速
-47.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.1B | $196.3M |
| 净利润 | $456.0M | $28.8M |
| 毛利率 | 20.0% | 35.7% |
| 营业利润率 | 7.9% | 17.0% |
| 净利率 | 7.5% | 14.7% |
| 营收同比 | 123.5% | 1.5% |
| 净利润同比 | -19.6% | 27.9% |
| 每股收益（稀释后） | $0.95 | — |
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ADMTR
| Q4 25 | $6.1B | $196.3M | ||
| Q3 25 | $6.4B | $232.7M | ||
| Q2 25 | $6.3B | $155.1M | ||
| Q1 25 | $6.1B | $148.5M | ||
| Q4 24 | $-25.7B | $193.4M | ||
| Q3 24 | $6.0B | $225.9M | ||
| Q2 24 | $22.2B | $150.7M | ||
| Q1 24 | $21.8B | $153.2M |
净利润ADMTR
| Q4 25 | $456.0M | $28.8M | ||
| Q3 25 | $108.0M | $35.7M | ||
| Q2 25 | $219.0M | $17.5M | ||
| Q1 25 | $295.0M | $18.1M | ||
| Q4 24 | $567.0M | $22.5M | ||
| Q3 24 | $18.0M | $32.8M | ||
| Q2 24 | $486.0M | $15.6M | ||
| Q1 24 | $729.0M | $15.8M |
毛利率ADMTR
| Q4 25 | 20.0% | 35.7% | ||
| Q3 25 | 19.8% | 34.1% | ||
| Q2 25 | 21.6% | 36.4% | ||
| Q1 25 | 19.2% | 35.3% | ||
| Q4 24 | — | 39.1% | ||
| Q3 24 | 22.8% | 34.1% | ||
| Q2 24 | 6.3% | 33.5% | ||
| Q1 24 | 7.6% | 32.7% |
营业利润率ADMTR
| Q4 25 | 7.9% | 17.0% | ||
| Q3 25 | 2.3% | 13.9% | ||
| Q2 25 | 4.4% | 7.8% | ||
| Q1 25 | 5.7% | 15.5% | ||
| Q4 24 | — | 20.0% | ||
| Q3 24 | 1.8% | 15.6% | ||
| Q2 24 | 2.7% | 10.2% | ||
| Q1 24 | 4.1% | 7.3% |
净利率ADMTR
| Q4 25 | 7.5% | 14.7% | ||
| Q3 25 | 1.7% | 15.3% | ||
| Q2 25 | 3.5% | 11.3% | ||
| Q1 25 | 4.8% | 12.2% | ||
| Q4 24 | -2.2% | 11.6% | ||
| Q3 24 | 0.3% | 14.5% | ||
| Q2 24 | 2.2% | 10.4% | ||
| Q1 24 | 3.3% | 10.3% |
每股收益（稀释后）ADMTR
| Q4 25 | $0.95 | — | ||
| Q3 25 | $0.22 | — | ||
| Q2 25 | $0.45 | — | ||
| Q1 25 | $0.61 | — | ||
| Q4 24 | $1.21 | — | ||
| Q3 24 | $0.04 | — | ||
| Q2 24 | $0.98 | — | ||
| Q1 24 | $1.42 | — |
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 | $176.6M |
| 总债务越低越好 | $7.6B | — |
| 股东权益账面价值 | $22.7B | $941.0M |
| 总资产 | $52.4B | $1.3B |
| 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ADMTR
| Q4 25 | $1.0B | $176.6M | ||
| Q3 25 | $1.2B | $119.8M | ||
| Q2 25 | $1.1B | $170.5M | ||
| Q1 25 | $864.0M | $176.6M | ||
| Q4 24 | $611.0M | $194.6M | ||
| Q3 24 | $784.0M | $163.2M | ||
| Q2 24 | $764.0M | $131.2M | ||
| Q1 24 | $830.0M | $159.4M |
总债务ADMTR
| 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ADMTR
| Q4 25 | $22.7B | $941.0M | ||
| Q3 25 | $22.5B | $918.9M | ||
| Q2 25 | $22.4B | $893.1M | ||
| Q1 25 | $22.1B | $879.4M | ||
| Q4 24 | $22.2B | $870.7M | ||
| Q3 24 | $22.0B | $870.2M | ||
| Q2 24 | $22.2B | $841.4M | ||
| Q1 24 | $23.2B | $834.4M |
总资产ADMTR
| Q4 25 | $52.4B | $1.3B | ||
| Q3 25 | $51.9B | $1.2B | ||
| Q2 25 | $52.0B | $1.2B | ||
| Q1 25 | $53.4B | $1.1B | ||
| Q4 24 | $53.3B | $1.1B | ||
| Q3 24 | $52.2B | $1.1B | ||
| Q2 24 | $52.7B | $1.1B | ||
| Q1 24 | $54.8B | $1.1B |
负债/权益比ADMTR
| 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 | $73.3M |
| 自由现金流经营现金流 - 资本支出 | $-669.0M | $61.0M |
| 自由现金流率自由现金流/营收 | -11.1% | 31.1% |
| 资本支出强度资本支出/营收 | 5.9% | 6.3% |
| 现金转化率经营现金流/净利润 | -0.69× | 2.55× |
| 过去12个月自由现金流最近4个季度 | $4.2B | $96.4M |
8季度趋势，按日历期对齐
经营现金流ADMTR
| Q4 25 | $-313.0M | $73.3M | ||
| Q3 25 | $1.8B | $62.2M | ||
| Q2 25 | $4.3B | $-8.5M | ||
| Q1 25 | $-342.0M | $3.6M | ||
| Q4 24 | $322.0M | $68.8M | ||
| Q3 24 | $1.3B | $61.3M | ||
| Q2 24 | $468.0M | $-12.6M | ||
| Q1 24 | $700.0M | $21.4M |
自由现金流ADMTR
| Q4 25 | $-669.0M | $61.0M | ||
| Q3 25 | $1.5B | $50.7M | ||
| Q2 25 | $4.0B | $-16.0M | ||
| Q1 25 | $-633.0M | $750.0K | ||
| Q4 24 | $-170.0M | $64.7M | ||
| Q3 24 | $919.0M | $55.8M | ||
| Q2 24 | $106.0M | $-16.6M | ||
| Q1 24 | $372.0M | $16.9M |
自由现金流率ADMTR
| Q4 25 | -11.1% | 31.1% | ||
| Q3 25 | 23.6% | 21.8% | ||
| Q2 25 | 63.0% | -10.3% | ||
| Q1 25 | -10.3% | 0.5% | ||
| Q4 24 | 0.7% | 33.5% | ||
| Q3 24 | 15.3% | 24.7% | ||
| Q2 24 | 0.5% | -11.0% | ||
| Q1 24 | 1.7% | 11.0% |
资本支出强度ADMTR
| Q4 25 | 5.9% | 6.3% | ||
| Q3 25 | 4.6% | 5.0% | ||
| Q2 25 | 4.8% | 4.8% | ||
| Q1 25 | 4.7% | 1.9% | ||
| Q4 24 | -1.9% | 2.1% | ||
| Q3 24 | 6.4% | 2.4% | ||
| Q2 24 | 1.6% | 2.6% | ||
| Q1 24 | 1.5% | 2.9% |
现金转化率ADMTR
| Q4 25 | -0.69× | 2.55× | ||
| Q3 25 | 16.75× | 1.74× | ||
| Q2 25 | 19.63× | -0.49× | ||
| Q1 25 | -1.16× | 0.20× | ||
| Q4 24 | 0.57× | 3.06× | ||
| Q3 24 | 72.22× | 1.87× | ||
| Q2 24 | 0.96× | -0.81× | ||
| Q1 24 | 0.96× | 1.35× |
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% |
TR
| Products | $194.3M | 99% |
| Rental And Royalty | $1.9M | 1% |
