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爱玛客（ARMK）与Texas Roadhouse, Inc.（TXRH）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Texas Roadhouse, Inc.的3.3倍（$4.8B vs $1.5B）。Texas Roadhouse, Inc.净利率更高（5.8% vs 2.0%，领先3.9%）。爱玛客同比增速更快（6.1% vs 3.1%）。过去两年Texas Roadhouse, Inc.的营收复合增速更高（12.8% vs 7.3%）
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。
Texas Roadhouse是美国知名牛排连锁餐厅，主打德克萨斯及美国西南部风味餐食，核心产品为各类牛排。品牌总部位于肯塔基州路易斯维尔，旗下还运营另外两个餐饮品牌。截至2025年8月，品牌在美国49个州拥有约800家门店，同时在11个国家开设了70家海外门店。
ARMK vs TXRH — 直观对比
营收规模更大
ARMK
是对方的3.3倍
$1.5B
营收增速更快
ARMK
高出3.1%
3.1%
净利率更高
TXRH
高出3.9%
2.0%
两年增速更快
TXRH
近两年复合增速
7.3%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.8B | $1.5B |
| 净利润 | $96.2M | $86.7M |
| 毛利率 | — | — |
| 营业利润率 | 4.5% | 6.5% |
| 净利率 | 2.0% | 5.8% |
| 营收同比 | 6.1% | 3.1% |
| 净利润同比 | -9.0% | -26.9% |
| 每股收益（稀释后） | $0.36 | $1.29 |
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ARMKTXRH
| Q1 26 | $4.8B | — | ||
| Q4 25 | $5.0B | $1.5B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $4.6B | $1.4B | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $4.6B | $1.4B | ||
| Q3 24 | $4.4B | $1.3B | ||
| Q2 24 | $4.4B | $1.3B |
净利润ARMKTXRH
| Q1 26 | $96.2M | — | ||
| Q4 25 | $87.1M | $86.7M | ||
| Q3 25 | — | $84.9M | ||
| Q2 25 | $71.8M | $116.1M | ||
| Q1 25 | $61.9M | — | ||
| Q4 24 | $105.6M | $118.5M | ||
| Q3 24 | $122.4M | $86.8M | ||
| Q2 24 | $58.1M | $123.1M |
营业利润率ARMKTXRH
| Q1 26 | 4.5% | — | ||
| Q4 25 | 4.3% | 6.5% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | 3.9% | 9.3% | ||
| Q1 25 | 4.1% | — | ||
| Q4 24 | 4.8% | 9.6% | ||
| Q3 24 | 5.0% | 8.0% | ||
| Q2 24 | 3.7% | 10.6% |
净利率ARMKTXRH
| Q1 26 | 2.0% | — | ||
| Q4 25 | 1.7% | 5.8% | ||
| Q3 25 | — | 5.9% | ||
| Q2 25 | 1.6% | 8.0% | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 2.3% | 8.2% | ||
| Q3 24 | 2.8% | 6.8% | ||
| Q2 24 | 1.3% | 9.2% |
每股收益（稀释后）ARMKTXRH
| Q1 26 | $0.36 | — | ||
| Q4 25 | $0.33 | $1.29 | ||
| Q3 25 | — | $1.25 | ||
| Q2 25 | $0.27 | $1.70 | ||
| Q1 25 | $0.23 | — | ||
| Q4 24 | $0.39 | $1.73 | ||
| Q3 24 | $0.46 | $1.26 | ||
| Q2 24 | $0.22 | $1.79 |
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 | $134.7M |
| 总债务越低越好 | $6.2B | — |
| 股东权益账面价值 | $3.2B | $1.5B |
| 总资产 | $13.5B | $3.5B |
| 负债/权益比越低杠杆越低 | 1.94× | — |
8季度趋势，按日历期对齐
现金及短期投资ARMKTXRH
| Q1 26 | $439.6M | — | ||
| Q4 25 | $639.1M | $134.7M | ||
| Q3 25 | — | $108.2M | ||
| Q2 25 | $501.5M | $221.1M | ||
| Q1 25 | $920.5M | — | ||
| Q4 24 | $484.1M | $245.2M | ||
| Q3 24 | $672.5M | $189.2M | ||
| Q2 24 | $436.1M | $197.5M |
总债务ARMKTXRH
| Q1 26 | $6.2B | — | ||
| Q4 25 | $5.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $6.3B | — | ||
| Q1 25 | $6.1B | — | ||
| Q4 24 | $5.0B | — | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $5.0B | — |
股东权益ARMKTXRH
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | $3.1B | $1.4B | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.1B | $1.4B | ||
| Q3 24 | $3.0B | $1.3B | ||
| Q2 24 | $2.9B | $1.3B |
总资产ARMKTXRH
| Q1 26 | $13.5B | — | ||
| Q4 25 | $13.3B | $3.5B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | $13.3B | $3.2B | ||
| Q1 25 | $13.5B | — | ||
| Q4 24 | $12.7B | $3.2B | ||
| Q3 24 | $12.7B | $2.9B | ||
| Q2 24 | $12.5B | $2.9B |
负债/权益比ARMKTXRH
| Q1 26 | 1.94× | — | ||
| Q4 25 | 1.71× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.03× | — | ||
| Q1 25 | 2.02× | — | ||
| Q4 24 | 1.61× | — | ||
| 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 | — |
| 自由现金流经营现金流 - 资本支出 | $-904.4M | — |
| 自由现金流率自由现金流/营收 | -18.7% | — |
| 资本支出强度资本支出/营收 | 2.5% | — |
| 现金转化率经营现金流/净利润 | -8.13× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ARMKTXRH
| Q1 26 | $-782.2M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $143.6M | ||
| Q2 25 | $76.7M | $237.7M | ||
| Q1 25 | $255.9M | — | ||
| Q4 24 | $-587.2M | $237.5M | ||
| Q3 24 | $1.0B | $138.7M | ||
| Q2 24 | $140.7M | $133.9M |
自由现金流ARMKTXRH
| Q1 26 | $-904.4M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $14.7M | ||
| Q2 25 | $-34.7M | $160.4M | ||
| Q1 25 | $140.1M | — | ||
| Q4 24 | $-707.0M | $129.7M | ||
| Q3 24 | $882.3M | $47.7M | ||
| Q2 24 | $55.6M | $56.1M |
自由现金流率ARMKTXRH
| Q1 26 | -18.7% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | -0.8% | 11.1% | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | -15.5% | 9.0% | ||
| Q3 24 | 20.0% | 3.7% | ||
| Q2 24 | 1.3% | 4.2% |
资本支出强度ARMKTXRH
| Q1 26 | 2.5% | — | ||
| Q4 25 | 2.8% | — | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | 2.4% | 5.3% | ||
| Q1 25 | 2.7% | — | ||
| Q4 24 | 2.6% | 7.5% | ||
| Q3 24 | 3.2% | 7.2% | ||
| Q2 24 | 1.9% | 5.8% |
现金转化率ARMKTXRH
| Q1 26 | -8.13× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.69× | ||
| Q2 25 | 1.07× | 2.05× | ||
| Q1 25 | 4.14× | — | ||
| Q4 24 | -5.56× | 2.00× | ||
| Q3 24 | 8.35× | 1.60× | ||
| Q2 24 | 2.42× | 1.09× |
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% |
TXRH
| Food And Beverage | $1.5B | 99% |
| Texas Roadhouse Segment | $21.2M | 1% |
| Franchise | $8.2M | 1% |
| Franchise Royalty | $7.4M | 0% |
| Bubba S33Segment | $2.3M | 0% |
