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Artisan Partners Asset Management Inc.（APAM）与Natural Grocers by Vitamin Cottage, Inc.（NGVC）财务数据对比。点击上方公司名可切换其他公司
Natural Grocers by Vitamin Cottage, Inc.的季度营收约是Artisan Partners Asset Management Inc.的1.0倍（$335.6M vs $335.5M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs 3.4%，领先31.8%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs 1.6%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $11.6M），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs 4.4%）
阿蒂森伙伴资产管理公司（Artisan Partners）是总部位于美国威斯康星州密尔沃基的资产管理机构，除美国本土外，还在都柏林、香港、伦敦、新加坡、悉尼设有办公室，为全球客户提供专业的资产管理服务。
Natural Grocers by Vitamin Cottage, Inc.是美国本土的特色零售连锁企业，主营认证有机食品、膳食补充剂、天然个护及环保家居类产品，面向健康意识较强的消费群体，门店覆盖美国多州，执行严格品控标准，拒绝售卖含人工添加剂的商品。
APAM vs NGVC — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $335.6M |
| 净利润 | $118.1M | $11.3M |
| 毛利率 | — | 29.5% |
| 营业利润率 | 39.2% | 4.4% |
| 净利率 | 35.2% | 3.4% |
| 营收同比 | 12.9% | 1.6% |
| 净利润同比 | 34.9% | 14.0% |
| 每股收益（稀释后） | $1.36 | $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
| Q4 25 | $335.5M | $335.6M | ||
| Q3 25 | $301.3M | $336.1M | ||
| Q2 25 | $282.7M | $328.7M | ||
| Q1 25 | $277.1M | $335.8M | ||
| Q4 24 | $297.1M | $330.2M | ||
| Q3 24 | $279.6M | $322.7M | ||
| Q2 24 | $270.8M | $309.1M | ||
| Q1 24 | $264.4M | $308.1M |
| Q4 25 | $118.1M | $11.3M | ||
| Q3 25 | $66.8M | $11.8M | ||
| Q2 25 | $67.6M | $11.6M | ||
| Q1 25 | $61.1M | $13.1M | ||
| Q4 24 | $87.5M | $9.9M | ||
| Q3 24 | $73.0M | $9.0M | ||
| Q2 24 | $57.6M | $9.2M | ||
| Q1 24 | $59.5M | $8.0M |
| Q4 25 | — | 29.5% | ||
| Q3 25 | — | 29.5% | ||
| Q2 25 | — | 29.9% | ||
| Q1 25 | — | 30.3% | ||
| Q4 24 | — | 29.9% | ||
| Q3 24 | — | 29.6% | ||
| Q2 24 | — | 29.2% | ||
| Q1 24 | — | 29.3% |
| Q4 25 | 39.2% | 4.4% | ||
| Q3 25 | 33.8% | 4.6% | ||
| Q2 25 | 28.2% | 4.7% | ||
| Q1 25 | 31.2% | 5.2% | ||
| Q4 24 | 36.7% | 4.0% | ||
| Q3 24 | 33.3% | 3.7% | ||
| Q2 24 | 32.0% | 4.2% | ||
| Q1 24 | 29.4% | 3.7% |
| Q4 25 | 35.2% | 3.4% | ||
| Q3 25 | 22.2% | 3.5% | ||
| Q2 25 | 23.9% | 3.5% | ||
| Q1 25 | 22.1% | 3.9% | ||
| Q4 24 | 29.5% | 3.0% | ||
| Q3 24 | 26.1% | 2.8% | ||
| Q2 24 | 21.3% | 3.0% | ||
| Q1 24 | 22.5% | 2.6% |
| Q4 25 | $1.36 | $0.49 | ||
| Q3 25 | $0.93 | $0.51 | ||
| Q2 25 | $0.94 | $0.50 | ||
| Q1 25 | $0.82 | $0.56 | ||
| Q4 24 | $0.99 | $0.43 | ||
| Q3 24 | $1.03 | $0.38 | ||
| Q2 24 | $0.80 | $0.40 | ||
| Q1 24 | $0.84 | $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 | — | $23.2M |
| 总债务越低越好 | $190.0M | — |
| 股东权益账面价值 | $438.8M | $220.0M |
| 总资产 | $1.6B | $668.6M |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $17.1M | ||
| Q2 25 | — | $13.2M | ||
| Q1 25 | — | $21.2M | ||
| Q4 24 | — | $6.3M | ||
| Q3 24 | — | $8.9M | ||
| Q2 24 | — | $13.9M | ||
| Q1 24 | — | $11.0M |
| Q4 25 | $190.0M | — | ||
| Q3 25 | $190.0M | — | ||
| Q2 25 | $200.0M | — | ||
| Q1 25 | $200.0M | — | ||
| Q4 24 | $200.0M | — | ||
| Q3 24 | $200.0M | — | ||
| Q2 24 | $200.0M | — | ||
| Q1 24 | $200.0M | — |
| Q4 25 | $438.8M | $220.0M | ||
| Q3 25 | $402.1M | $212.4M | ||
| Q2 25 | $381.8M | $202.5M | ||
| Q1 25 | $356.5M | $193.0M | ||
| Q4 24 | $388.9M | $181.9M | ||
| Q3 24 | $372.1M | $174.3M | ||
| Q2 24 | $341.2M | $167.8M | ||
| Q1 24 | $320.3M | $160.0M |
| Q4 25 | $1.6B | $668.6M | ||
| Q3 25 | $1.6B | $670.5M | ||
| Q2 25 | $1.4B | $659.0M | ||
| Q1 25 | $1.4B | $664.6M | ||
| Q4 24 | $1.6B | $648.9M | ||
| Q3 24 | $1.6B | $655.5M | ||
| Q2 24 | $1.5B | $654.4M | ||
| Q1 24 | $1.5B | $656.6M |
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.62× | — |
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 | $172.0M | $21.1M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $11.6M |
| 自由现金流率自由现金流/营收 | 51.2% | 3.4% |
| 资本支出强度资本支出/营收 | 0.1% | 2.9% |
| 现金转化率经营现金流/净利润 | 1.46× | 1.86× |
| 过去12个月自由现金流最近4个季度 | $420.6M | $42.6M |
8季度趋势，按日历期对齐
| Q4 25 | $172.0M | $21.1M | ||
| Q3 25 | $40.4M | $15.6M | ||
| Q2 25 | $50.9M | $2.9M | ||
| Q1 25 | $157.9M | $34.1M | ||
| Q4 24 | $372.8M | $2.7M | ||
| Q3 24 | $112.8M | $24.5M | ||
| Q2 24 | $75.9M | $12.4M | ||
| Q1 24 | $147.0M | $20.2M |
| Q4 25 | $171.6M | $11.6M | ||
| Q3 25 | $40.4M | $7.5M | ||
| Q2 25 | $50.9M | $-4.2M | ||
| Q1 25 | $157.7M | $27.6M | ||
| Q4 24 | $371.3M | $-6.9M | ||
| Q3 24 | $112.4M | $18.0M | ||
| Q2 24 | $75.2M | $3.6M | ||
| Q1 24 | $146.9M | $9.8M |
| Q4 25 | 51.2% | 3.4% | ||
| Q3 25 | 13.4% | 2.2% | ||
| Q2 25 | 18.0% | -1.3% | ||
| Q1 25 | 56.9% | 8.2% | ||
| Q4 24 | 125.0% | -2.1% | ||
| Q3 24 | 40.2% | 5.6% | ||
| Q2 24 | 27.8% | 1.2% | ||
| Q1 24 | 55.6% | 3.2% |
| Q4 25 | 0.1% | 2.9% | ||
| Q3 25 | 0.0% | 2.4% | ||
| Q2 25 | 0.0% | 2.2% | ||
| Q1 25 | 0.1% | 1.9% | ||
| Q4 24 | 0.5% | 2.9% | ||
| Q3 24 | 0.1% | 2.0% | ||
| Q2 24 | 0.2% | 2.9% | ||
| Q1 24 | 0.0% | 3.4% |
| Q4 25 | 1.46× | 1.86× | ||
| Q3 25 | 0.60× | 1.32× | ||
| Q2 25 | 0.75× | 0.25× | ||
| Q1 25 | 2.58× | 2.60× | ||
| Q4 24 | 4.26× | 0.27× | ||
| Q3 24 | 1.54× | 2.72× | ||
| Q2 24 | 1.32× | 1.35× | ||
| Q1 24 | 2.47× | 2.54× |
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
APAM
暂无分部数据
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
