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爱玛客（ARMK）与Chipotle Mexican Grill（CMG）财务数据对比。点击上方公司名可切换其他公司
爱玛客的季度营收约是Chipotle Mexican Grill的1.6倍（$4.8B vs $3.0B）。Chipotle Mexican Grill净利率更高（11.1% vs 2.0%，领先9.1%）。爱玛客同比增速更快（6.1% vs 4.9%）。Chipotle Mexican Grill自由现金流更多（$228.4M vs $-904.4M）。过去两年爱玛客的营收复合增速更高（7.3% vs 5.1%）
爱玛客是美国知名的餐饮服务与设施管理服务商，服务覆盖教育、司法监管、医疗、企业、休闲文旅等多个领域，业务遍布北美地区及英国、德国、智利、爱尔兰、西班牙在内的14个国家，为各场景客户提供专业后勤支持解决方案。
Chipotle Mexican Grill（常简称为Chipotle）是源自美国的跨国休闲快餐连锁品牌，主营现点现做的碗餐、塔可、墨西哥卷饼等风味餐食，餐品制作过程全程向顾客公开。截至2025年12月，品牌全球门店数量已达4000家，品牌名来源于纳瓦特尔语中烟熏干哈拉佩尼奥辣椒的称谓。
ARMK vs CMG — 直观对比
营收规模更大
ARMK
是对方的1.6倍
$3.0B
营收增速更快
ARMK
高出1.3%
4.9%
净利率更高
CMG
高出9.1%
2.0%
自由现金流更多
CMG
多$1.1B
$-904.4M
两年增速更快
ARMK
近两年复合增速
5.1%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.8B | $3.0B |
| 净利润 | $96.2M | $330.9M |
| 毛利率 | — | — |
| 营业利润率 | 4.5% | 14.1% |
| 净利率 | 2.0% | 11.1% |
| 营收同比 | 6.1% | 4.9% |
| 净利润同比 | -9.0% | -0.3% |
| 每股收益（稀释后） | $0.36 | $0.25 |
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ARMKCMG
| Q1 26 | $4.8B | — | ||
| Q4 25 | $5.0B | $3.0B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | $4.6B | $3.1B | ||
| Q1 25 | $4.3B | $2.9B | ||
| Q4 24 | $4.6B | $2.8B | ||
| Q3 24 | $4.4B | $2.8B | ||
| Q2 24 | $4.4B | $3.0B |
净利润ARMKCMG
| Q1 26 | $96.2M | — | ||
| Q4 25 | $87.1M | $330.9M | ||
| Q3 25 | — | $382.1M | ||
| Q2 25 | $71.8M | $436.1M | ||
| Q1 25 | $61.9M | $386.6M | ||
| Q4 24 | $105.6M | $331.8M | ||
| Q3 24 | $122.4M | $387.4M | ||
| Q2 24 | $58.1M | $455.7M |
营业利润率ARMKCMG
| Q1 26 | 4.5% | — | ||
| Q4 25 | 4.3% | 14.1% | ||
| Q3 25 | — | 15.9% | ||
| Q2 25 | 3.9% | 18.2% | ||
| Q1 25 | 4.1% | 16.7% | ||
| Q4 24 | 4.8% | 14.6% | ||
| Q3 24 | 5.0% | 16.9% | ||
| Q2 24 | 3.7% | 19.7% |
净利率ARMKCMG
| Q1 26 | 2.0% | — | ||
| Q4 25 | 1.7% | 11.1% | ||
| Q3 25 | — | 12.7% | ||
| Q2 25 | 1.6% | 14.2% | ||
| Q1 25 | 1.4% | 13.4% | ||
| Q4 24 | 2.3% | 11.7% | ||
| Q3 24 | 2.8% | 13.9% | ||
| Q2 24 | 1.3% | 15.3% |
每股收益（稀释后）ARMKCMG
| Q1 26 | $0.36 | — | ||
| Q4 25 | $0.33 | $0.25 | ||
| Q3 25 | — | $0.29 | ||
| Q2 25 | $0.27 | $0.32 | ||
| Q1 25 | $0.23 | $0.28 | ||
| Q4 24 | $0.39 | $-12.51 | ||
| Q3 24 | $0.46 | $0.28 | ||
| Q2 24 | $0.22 | $0.33 |
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 | $439.6M | $1.0B |
| 总债务越低越好 | $6.2B | $0 |
| 股东权益账面价值 | $3.2B | $2.8B |
| 总资产 | $13.5B | $9.0B |
| 负债/权益比越低杠杆越低 | 1.94× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ARMKCMG
| Q1 26 | $439.6M | — | ||
| Q4 25 | $639.1M | $1.0B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $501.5M | $1.5B | ||
| Q1 25 | $920.5M | $1.4B | ||
| Q4 24 | $484.1M | $1.4B | ||
| Q3 24 | $672.5M | $1.4B | ||
| Q2 24 | $436.1M | $1.5B |
总债务ARMKCMG
| Q1 26 | $6.2B | — | ||
| Q4 25 | $5.4B | $0 | ||
| Q3 25 | — | — | ||
| Q2 25 | $6.3B | — | ||
| Q1 25 | $6.1B | — | ||
| Q4 24 | $5.0B | $0 | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $5.0B | — |
股东权益ARMKCMG
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $2.8B | ||
| Q3 25 | — | $3.2B | ||
| Q2 25 | $3.1B | $3.5B | ||
| Q1 25 | $3.0B | $3.5B | ||
| Q4 24 | $3.1B | $3.7B | ||
| Q3 24 | $3.0B | $3.6B | ||
| Q2 24 | $2.9B | $3.7B |
总资产ARMKCMG
| Q1 26 | $13.5B | — | ||
| Q4 25 | $13.3B | $9.0B | ||
| Q3 25 | — | $9.3B | ||
| Q2 25 | $13.3B | $9.3B | ||
| Q1 25 | $13.5B | $9.0B | ||
| Q4 24 | $12.7B | $9.2B | ||
| Q3 24 | $12.7B | $9.0B | ||
| Q2 24 | $12.5B | $8.9B |
负债/权益比ARMKCMG
| Q1 26 | 1.94× | — | ||
| Q4 25 | 1.71× | 0.00× | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.03× | — | ||
| Q1 25 | 2.02× | — | ||
| Q4 24 | 1.61× | 0.00× | ||
| Q3 24 | 1.42× | — | ||
| Q2 24 | 1.71× | — |
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 | $-782.2M | $425.8M |
| 自由现金流经营现金流 - 资本支出 | $-904.4M | $228.4M |
| 自由现金流率自由现金流/营收 | -18.7% | 7.7% |
| 资本支出强度资本支出/营收 | 2.5% | 6.6% |
| 现金转化率经营现金流/净利润 | -8.13× | 1.29× |
| 过去12个月自由现金流最近4个季度 | — | $1.4B |
8季度趋势，按日历期对齐
经营现金流ARMKCMG
| Q1 26 | $-782.2M | — | ||
| Q4 25 | — | $425.8M | ||
| Q3 25 | — | $569.7M | ||
| Q2 25 | $76.7M | $561.3M | ||
| Q1 25 | $255.9M | $557.1M | ||
| Q4 24 | $-587.2M | $526.8M | ||
| Q3 24 | $1.0B | $446.5M | ||
| Q2 24 | $140.7M | $562.6M |
自由现金流ARMKCMG
| Q1 26 | $-904.4M | — | ||
| Q4 25 | — | $228.4M | ||
| Q3 25 | — | $406.2M | ||
| Q2 25 | $-34.7M | $400.7M | ||
| Q1 25 | $140.1M | $412.3M | ||
| Q4 24 | $-707.0M | $353.9M | ||
| Q3 24 | $882.3M | $299.0M | ||
| Q2 24 | $55.6M | $422.1M |
自由现金流率ARMKCMG
| Q1 26 | -18.7% | — | ||
| Q4 25 | — | 7.7% | ||
| Q3 25 | — | 13.5% | ||
| Q2 25 | -0.8% | 13.1% | ||
| Q1 25 | 3.3% | 14.3% | ||
| Q4 24 | -15.5% | 12.4% | ||
| Q3 24 | 20.0% | 10.7% | ||
| Q2 24 | 1.3% | 14.2% |
资本支出强度ARMKCMG
| Q1 26 | 2.5% | — | ||
| Q4 25 | 2.8% | 6.6% | ||
| Q3 25 | — | 5.4% | ||
| Q2 25 | 2.4% | 5.2% | ||
| Q1 25 | 2.7% | 5.0% | ||
| Q4 24 | 2.6% | 6.1% | ||
| Q3 24 | 3.2% | 5.3% | ||
| Q2 24 | 1.9% | 4.7% |
现金转化率ARMKCMG
| Q1 26 | -8.13× | — | ||
| Q4 25 | — | 1.29× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | 1.07× | 1.29× | ||
| Q1 25 | 4.14× | 1.44× | ||
| Q4 24 | -5.56× | 1.59× | ||
| Q3 24 | 8.35× | 1.15× | ||
| Q2 24 | 2.42× | 1.23× |
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
ARMK
| Education | $1.1B | 22% |
| Sports Leisure Corrections | $961.2M | 20% |
| Food And Support Services International | $847.8M | 18% |
| Other | $621.6M | 13% |
| Businessand Industry | $510.6M | 11% |
| Health Care | $421.3M | 9% |
| Facility Services | $382.9M | 8% |
CMG
| U.S.Segment | $2.9B | 98% |
| Chipotle Rewards | $46.1M | 2% |
| Delivery Service | $14.3M | 0% |
