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爱玛客（ARMK）与Wingstop Inc.（WING）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Wingstop Inc.的27.5倍（$4.8B vs $175.7M）。Wingstop Inc.净利率更高（15.2% vs 2.0%，领先13.2%）。Wingstop Inc.同比增速更快（8.6% vs 6.1%）。Wingstop Inc.自由现金流更多（$34.5M vs $-904.4M）。过去两年Wingstop Inc.的营收复合增速更高（9.8% 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。
Wingstop Inc.是美国知名跨国快餐连锁品牌，核心产品为布法罗鸡翅，旗下门店均采用20世纪30至40年代喷气时代前的航空主题装饰风格，目前业务已覆盖全球多个国家和地区。
ARMK vs WING — 直观对比
营收规模更大
ARMK
是对方的27.5倍
$175.7M
营收增速更快
WING
高出2.4%
6.1%
净利率更高
WING
高出13.2%
2.0%
自由现金流更多
WING
多$938.8M
$-904.4M
两年增速更快
WING
近两年复合增速
7.3%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.8B | $175.7M |
| 净利润 | $96.2M | $26.8M |
| 毛利率 | — | — |
| 营业利润率 | 4.5% | 26.7% |
| 净利率 | 2.0% | 15.2% |
| 营收同比 | 6.1% | 8.6% |
| 净利润同比 | -9.0% | 0.0% |
| 每股收益（稀释后） | $0.36 | $0.99 |
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ARMKWING
| Q1 26 | $4.8B | — | ||
| Q4 25 | $5.0B | $175.7M | ||
| Q3 25 | — | $175.7M | ||
| Q2 25 | $4.6B | $174.3M | ||
| Q1 25 | $4.3B | $171.1M | ||
| Q4 24 | $4.6B | $161.8M | ||
| Q3 24 | $4.4B | $162.5M | ||
| Q2 24 | $4.4B | $155.7M |
净利润ARMKWING
| Q1 26 | $96.2M | — | ||
| Q4 25 | $87.1M | $26.8M | ||
| Q3 25 | — | $28.5M | ||
| Q2 25 | $71.8M | $26.8M | ||
| Q1 25 | $61.9M | $92.3M | ||
| Q4 24 | $105.6M | $26.8M | ||
| Q3 24 | $122.4M | $25.7M | ||
| Q2 24 | $58.1M | $27.5M |
毛利率ARMKWING
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 85.6% | ||
| Q3 24 | — | 85.0% | ||
| Q2 24 | — | 85.4% |
营业利润率ARMKWING
| Q1 26 | 4.5% | — | ||
| Q4 25 | 4.3% | 26.7% | ||
| Q3 25 | — | 27.9% | ||
| Q2 25 | 3.9% | 25.9% | ||
| Q1 25 | 4.1% | 22.4% | ||
| Q4 24 | 4.8% | 25.9% | ||
| Q3 24 | 5.0% | 24.5% | ||
| Q2 24 | 3.7% | 26.5% |
净利率ARMKWING
| Q1 26 | 2.0% | — | ||
| Q4 25 | 1.7% | 15.2% | ||
| Q3 25 | — | 16.2% | ||
| Q2 25 | 1.6% | 15.4% | ||
| Q1 25 | 1.4% | 53.9% | ||
| Q4 24 | 2.3% | 16.5% | ||
| Q3 24 | 2.8% | 15.8% | ||
| Q2 24 | 1.3% | 17.7% |
每股收益（稀释后）ARMKWING
| Q1 26 | $0.36 | — | ||
| Q4 25 | $0.33 | $0.99 | ||
| Q3 25 | — | $1.02 | ||
| Q2 25 | $0.27 | $0.96 | ||
| Q1 25 | $0.23 | $3.24 | ||
| Q4 24 | $0.39 | $0.91 | ||
| Q3 24 | $0.46 | $0.88 | ||
| Q2 24 | $0.22 | $0.93 |
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 | $196.6M |
| 总债务越低越好 | $6.2B | $1.2B |
| 股东权益账面价值 | $3.2B | $-736.8M |
| 总资产 | $13.5B | $693.4M |
| 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ARMKWING
| Q1 26 | $439.6M | — | ||
| Q4 25 | $639.1M | $196.6M | ||
| Q3 25 | — | $237.6M | ||
| Q2 25 | $501.5M | $227.9M | ||
| Q1 25 | $920.5M | $251.4M | ||
| Q4 24 | $484.1M | $315.9M | ||
| Q3 24 | $672.5M | $84.0M | ||
| Q2 24 | $436.1M | $96.7M |
总债务ARMKWING
| Q1 26 | $6.2B | — | ||
| Q4 25 | $5.4B | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | $6.3B | — | ||
| Q1 25 | $6.1B | — | ||
| Q4 24 | $5.0B | $1.2B | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $5.0B | — |
股东权益ARMKWING
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $-736.8M | ||
| Q3 25 | — | $-702.6M | ||
| Q2 25 | $3.1B | $-686.0M | ||
| Q1 25 | $3.0B | $-715.0M | ||
| Q4 24 | $3.1B | $-675.6M | ||
| Q3 24 | $3.0B | $-447.5M | ||
| Q2 24 | $2.9B | $-437.5M |
总资产ARMKWING
| Q1 26 | $13.5B | — | ||
| Q4 25 | $13.3B | $693.4M | ||
| Q3 25 | — | $721.0M | ||
| Q2 25 | $13.3B | $708.3M | ||
| Q1 25 | $13.5B | $696.8M | ||
| Q4 24 | $12.7B | $716.2M | ||
| Q3 24 | $12.7B | $484.8M | ||
| Q2 24 | $12.5B | $451.8M |
负债/权益比ARMKWING
| 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 | $57.3M |
| 自由现金流经营现金流 - 资本支出 | $-904.4M | $34.5M |
| 自由现金流率自由现金流/营收 | -18.7% | 19.6% |
| 资本支出强度资本支出/营收 | 2.5% | 13.0% |
| 现金转化率经营现金流/净利润 | -8.13× | 2.14× |
| 过去12个月自由现金流最近4个季度 | — | $105.6M |
8季度趋势，按日历期对齐
经营现金流ARMKWING
| Q1 26 | $-782.2M | — | ||
| Q4 25 | — | $57.3M | ||
| Q3 25 | — | $63.9M | ||
| Q2 25 | $76.7M | $6.6M | ||
| Q1 25 | $255.9M | $25.3M | ||
| Q4 24 | $-587.2M | $7.7M | ||
| Q3 24 | $1.0B | $69.0M | ||
| Q2 24 | $140.7M | $36.2M |
自由现金流ARMKWING
| Q1 26 | $-904.4M | — | ||
| Q4 25 | — | $34.5M | ||
| Q3 25 | — | $61.7M | ||
| Q2 25 | $-34.7M | $-7.8M | ||
| Q1 25 | $140.1M | $17.3M | ||
| Q4 24 | $-707.0M | $-8.6M | ||
| Q3 24 | $882.3M | $54.9M | ||
| Q2 24 | $55.6M | $25.9M |
自由现金流率ARMKWING
| Q1 26 | -18.7% | — | ||
| Q4 25 | — | 19.6% | ||
| Q3 25 | — | 35.1% | ||
| Q2 25 | -0.8% | -4.5% | ||
| Q1 25 | 3.3% | 10.1% | ||
| Q4 24 | -15.5% | -5.3% | ||
| Q3 24 | 20.0% | 33.8% | ||
| Q2 24 | 1.3% | 16.6% |
资本支出强度ARMKWING
| Q1 26 | 2.5% | — | ||
| Q4 25 | 2.8% | 13.0% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | 2.4% | 8.2% | ||
| Q1 25 | 2.7% | 4.7% | ||
| Q4 24 | 2.6% | 10.1% | ||
| Q3 24 | 3.2% | 8.7% | ||
| Q2 24 | 1.9% | 6.6% |
现金转化率ARMKWING
| Q1 26 | -8.13× | — | ||
| Q4 25 | — | 2.14× | ||
| Q3 25 | — | 2.24× | ||
| Q2 25 | 1.07× | 0.25× | ||
| Q1 25 | 4.14× | 0.27× | ||
| Q4 24 | -5.56× | 0.29× | ||
| Q3 24 | 8.35× | 2.68× | ||
| Q2 24 | 2.42× | 1.32× |
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% |
WING
| Royalty | $73.7M | 42% |
| Advertising | $61.4M | 35% |
| Franchisor Owned Outlet | $32.4M | 18% |
| Other | $6.4M | 4% |
| Franchise | $1.8M | 1% |
