vs
Alexander & Baldwin, Inc.（ALEX）与FARMER BROTHERS CO（FARM）财务数据对比。点击上方公司名可切换其他公司
FARMER BROTHERS CO的季度营收约是Alexander & Baldwin, Inc.的1.7倍（$88.9M vs $51.0M），Alexander & Baldwin, Inc.净利率更高（7.4% vs -5.5%，领先12.9%），FARMER BROTHERS CO同比增速更快（-1.2% vs -18.4%），Alexander & Baldwin, Inc.自由现金流更多（$27.3M vs $-2.6M），过去两年FARMER BROTHERS CO的营收复合增速更高（2.1% vs -8.7%）
亚历山大-鲍德温公司是一家美国企业，曾是夏威夷领地时期五大财团之一，也是五大财团中最晚停止甘蔗种植的企业。目前公司主营房地产开发、土地运营以及建材与建筑业务，截至2020年，该公司是夏威夷最大的私人土地持有者之一，在当地拥有超2.8万英亩土地，运营着36处收益性物业。
Farmer Bros. Co.是一家总部位于美国得克萨斯州沃斯堡的餐饮服务企业，主打咖啡与茶类产品的生产分销，同时还供应约300种餐厅及其他经营场所所需的餐饮配套用品，目前由约翰·摩尔担任公司首席执行官兼总裁。
ALEX vs FARM — 直观对比
营收规模更大
FARM
是对方的1.7倍
$51.0M
营收增速更快
FARM
高出17.1%
-18.4%
净利率更高
ALEX
高出12.9%
-5.5%
自由现金流更多
ALEX
多$29.9M
$-2.6M
两年增速更快
FARM
近两年复合增速
-8.7%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $51.0M | $88.9M |
| 净利润 | $3.8M | $-4.9M |
| 毛利率 | — | 36.3% |
| 营业利润率 | 17.1% | -4.7% |
| 净利率 | 7.4% | -5.5% |
| 营收同比 | -18.4% | -1.2% |
| 净利润同比 | -69.7% | -2417.1% |
| 每股收益（稀释后） | $0.05 | $-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ALEXFARM
| Q4 25 | $51.0M | $88.9M | ||
| Q3 25 | $50.2M | $81.6M | ||
| Q2 25 | $51.7M | $85.1M | ||
| Q1 25 | $53.7M | $82.1M | ||
| Q4 24 | $62.4M | $90.0M | ||
| Q3 24 | $61.9M | $85.1M | ||
| Q2 24 | $51.0M | $84.4M | ||
| Q1 24 | $61.2M | $85.4M |
净利润ALEXFARM
| Q4 25 | $3.8M | $-4.9M | ||
| Q3 25 | $14.3M | $-4.0M | ||
| Q2 25 | $25.1M | $-4.7M | ||
| Q1 25 | $21.4M | $-5.0M | ||
| Q4 24 | $12.4M | $210.0K | ||
| Q3 24 | $19.0M | $-5.0M | ||
| Q2 24 | $9.1M | $-4.6M | ||
| Q1 24 | $20.0M | $-682.0K |
毛利率ALEXFARM
| Q4 25 | — | 36.3% | ||
| Q3 25 | — | 39.7% | ||
| Q2 25 | — | 44.9% | ||
| Q1 25 | — | 42.1% | ||
| Q4 24 | — | 43.1% | ||
| Q3 24 | — | 43.9% | ||
| Q2 24 | — | 38.8% | ||
| Q1 24 | — | 40.1% |
营业利润率ALEXFARM
| Q4 25 | 17.1% | -4.7% | ||
| Q3 25 | 38.2% | -3.9% | ||
| Q2 25 | 54.4% | 4.6% | ||
| Q1 25 | 44.6% | -4.3% | ||
| Q4 24 | 28.3% | 1.1% | ||
| Q3 24 | 35.6% | -3.3% | ||
| Q2 24 | 31.8% | -4.9% | ||
| Q1 24 | 38.9% | -0.5% |
净利率ALEXFARM
| Q4 25 | 7.4% | -5.5% | ||
| Q3 25 | 28.5% | -4.9% | ||
| Q2 25 | 48.6% | -5.6% | ||
| Q1 25 | 39.9% | -6.1% | ||
| Q4 24 | 19.9% | 0.2% | ||
| Q3 24 | 30.7% | -5.9% | ||
| Q2 24 | 17.8% | -5.4% | ||
| Q1 24 | 32.6% | -0.8% |
每股收益（稀释后）ALEXFARM
| Q4 25 | $0.05 | $-0.22 | ||
| Q3 25 | $0.20 | $-0.19 | ||
| Q2 25 | $0.35 | $-0.22 | ||
| Q1 25 | $0.29 | $-0.23 | ||
| Q4 24 | $0.16 | $0.01 | ||
| Q3 24 | $0.26 | $-0.24 | ||
| Q2 24 | $0.13 | $-0.23 | ||
| Q1 24 | $0.28 | $-0.03 |
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 | $11.3M | $4.2M |
| 总债务越低越好 | $491.6M | — |
| 股东权益账面价值 | $987.2M | $35.7M |
| 总资产 | $1.7B | $151.4M |
| 负债/权益比越低杠杆越低 | 0.50× | — |
8季度趋势，按日历期对齐
现金及短期投资ALEXFARM
| Q4 25 | $11.3M | $4.2M | ||
| Q3 25 | $17.3M | $3.8M | ||
| Q2 25 | $8.6M | $6.8M | ||
| Q1 25 | $16.9M | $4.1M | ||
| Q4 24 | $33.4M | $5.5M | ||
| Q3 24 | $17.9M | $3.3M | ||
| Q2 24 | $29.5M | $5.8M | ||
| Q1 24 | $15.7M | $5.5M |
总债务ALEXFARM
| Q4 25 | $491.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $474.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ALEXFARM
| Q4 25 | $987.2M | $35.7M | ||
| Q3 25 | $1.0B | $40.0M | ||
| Q2 25 | $1.0B | $43.5M | ||
| Q1 25 | $1.0B | $37.3M | ||
| Q4 24 | $1.0B | $41.5M | ||
| Q3 24 | $998.2M | $40.9M | ||
| Q2 24 | $1.0B | $45.5M | ||
| Q1 24 | $1.0B | $43.1M |
总资产ALEXFARM
| Q4 25 | $1.7B | $151.4M | ||
| Q3 25 | $1.7B | $158.8M | ||
| Q2 25 | $1.6B | $161.2M | ||
| Q1 25 | $1.6B | $163.2M | ||
| Q4 24 | $1.7B | $179.1M | ||
| Q3 24 | $1.7B | $182.0M | ||
| Q2 24 | $1.6B | $185.2M | ||
| Q1 24 | $1.6B | $179.1M |
负债/权益比ALEXFARM
| Q4 25 | 0.50× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | — | — | ||
| 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 | $79.5M | $-786.0K |
| 自由现金流经营现金流 - 资本支出 | $27.3M | $-2.6M |
| 自由现金流率自由现金流/营收 | 53.5% | -2.9% |
| 资本支出强度资本支出/营收 | 102.4% | 2.1% |
| 现金转化率经营现金流/净利润 | 21.06× | — |
| 过去12个月自由现金流最近4个季度 | $57.2M | — |
8季度趋势，按日历期对齐
经营现金流ALEXFARM
| Q4 25 | $79.5M | $-786.0K | ||
| Q3 25 | $24.5M | $-5.0M | ||
| Q2 25 | $16.5M | $9.7M | ||
| Q1 25 | $26.0M | $1.3M | ||
| Q4 24 | $98.0M | $2.6M | ||
| Q3 24 | $35.3M | $2.5M | ||
| Q2 24 | $22.3M | $-995.0K | ||
| Q1 24 | $16.1M | $-2.3M |
自由现金流ALEXFARM
| Q4 25 | $27.3M | $-2.6M | ||
| Q3 25 | $-3.7M | $-6.9M | ||
| Q2 25 | $11.8M | — | ||
| Q1 25 | $21.8M | $-684.0K | ||
| Q4 24 | $77.0M | $521.0K | ||
| Q3 24 | $31.4M | $-837.0K | ||
| Q2 24 | $18.0M | — | ||
| Q1 24 | $12.3M | $-5.7M |
自由现金流率ALEXFARM
| Q4 25 | 53.5% | -2.9% | ||
| Q3 25 | -7.4% | -8.5% | ||
| Q2 25 | 22.8% | — | ||
| Q1 25 | 40.6% | -0.8% | ||
| Q4 24 | 123.4% | 0.6% | ||
| Q3 24 | 50.8% | -1.0% | ||
| Q2 24 | 35.3% | — | ||
| Q1 24 | 20.1% | -6.7% |
资本支出强度ALEXFARM
| Q4 25 | 102.4% | 2.1% | ||
| Q3 25 | 56.1% | 2.4% | ||
| Q2 25 | 9.1% | — | ||
| Q1 25 | 7.8% | 2.4% | ||
| Q4 24 | 33.5% | 2.3% | ||
| Q3 24 | 6.2% | 3.9% | ||
| Q2 24 | 8.4% | — | ||
| Q1 24 | 6.1% | 4.0% |
现金转化率ALEXFARM
| Q4 25 | 21.06× | — | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 0.66× | — | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | 7.88× | 12.16× | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 2.45× | — | ||
| Q1 24 | 0.80× | — |
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
ALEX
暂无分部数据
FARM
| Coffee Roasted | $45.5M | 51% |
| Tea Iced Hot | $23.3M | 26% |
| Culinary | $14.1M | 16% |
| Spice | $4.9M | 5% |
| Fuel Surcharge | $1.2M | 1% |
