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Bath & Body Works, Inc.（BBWI）与Primo Brands Corp（PRMB）财务数据对比。点击上方公司名可切换其他公司
Primo Brands Corp的季度营收约是Bath & Body Works, Inc.的1.0倍（$1.6B vs $1.6B），Bath & Body Works, Inc.净利率更高（4.8% vs 1.7%，领先3.2%），Primo Brands Corp同比增速更快（0.8% vs -1.0%），过去两年Primo Brands Corp的营收复合增速更高（19.7% vs -26.0%）
Bath & Body Works, Inc.是总部位于美国俄亥俄州哥伦布市的特色零售企业，旗下拥有同名身体护理及家居香氛零售品牌Bath & Body Works，2023年营收达74亿美元，在2024年《财富》美国500强榜单中位列第481位。
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
BBWI vs PRMB — 直观对比
营收规模更大
PRMB
是对方的1.0倍
$1.6B
营收增速更快
PRMB
高出1.8%
-1.0%
净利率更高
BBWI
高出3.2%
1.7%
两年增速更快
PRMB
近两年复合增速
-26.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.6B |
| 净利润 | $77.0M | $27.3M |
| 毛利率 | 41.3% | 28.6% |
| 营业利润率 | 10.1% | 8.5% |
| 净利率 | 4.8% | 1.7% |
| 营收同比 | -1.0% | 0.8% |
| 净利润同比 | -27.4% | -4.9% |
| 每股收益（稀释后） | $0.37 | $0.07 |
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BBWIPRMB
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.6B | $1.6B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.4B | $1.7B | ||
| Q1 25 | $2.8B | $1.6B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.5B | $0 | ||
| Q2 24 | $1.4B | $1.3B |
净利润BBWIPRMB
| Q1 26 | — | $27.3M | ||
| Q4 25 | $77.0M | $-13.0M | ||
| Q3 25 | $64.0M | $16.8M | ||
| Q2 25 | $105.0M | $27.6M | ||
| Q1 25 | $453.0M | $28.7M | ||
| Q4 24 | $106.0M | — | ||
| Q3 24 | $152.0M | $-2.0K | ||
| Q2 24 | $87.0M | $54.5M |
毛利率BBWIPRMB
| Q1 26 | — | 28.6% | ||
| Q4 25 | 41.3% | 27.7% | ||
| Q3 25 | 41.3% | 29.9% | ||
| Q2 25 | 45.4% | 31.3% | ||
| Q1 25 | 46.7% | 32.3% | ||
| Q4 24 | 43.5% | — | ||
| Q3 24 | 41.0% | — | ||
| Q2 24 | 43.8% | 32.7% |
营业利润率BBWIPRMB
| Q1 26 | — | 8.5% | ||
| Q4 25 | 10.1% | 1.2% | ||
| Q3 25 | 10.1% | 8.3% | ||
| Q2 25 | 14.7% | 6.5% | ||
| Q1 25 | 24.3% | 9.5% | ||
| Q4 24 | 13.5% | — | ||
| Q3 24 | 12.0% | — | ||
| Q2 24 | 13.5% | 12.1% |
净利率BBWIPRMB
| Q1 26 | — | 1.7% | ||
| Q4 25 | 4.8% | -0.8% | ||
| Q3 25 | 4.1% | 1.0% | ||
| Q2 25 | 7.4% | 1.6% | ||
| Q1 25 | 16.3% | 1.8% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 10.0% | — | ||
| Q2 24 | 6.3% | 4.1% |
每股收益（稀释后）BBWIPRMB
| Q1 26 | — | $0.07 | ||
| Q4 25 | $0.37 | $-0.03 | ||
| Q3 25 | $0.30 | $0.04 | ||
| Q2 25 | $0.49 | $0.07 | ||
| Q1 25 | $2.06 | $0.08 | ||
| Q4 24 | $0.49 | — | ||
| Q3 24 | $0.68 | $-20.00 | ||
| Q2 24 | $0.38 | $0.25 |
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 | $236.0M | — |
| 总债务越低越好 | $3.9B | $5.2B |
| 股东权益账面价值 | $-1.6B | $3.0B |
| 总资产 | $5.0B | $10.6B |
| 负债/权益比越低杠杆越低 | — | 1.74× |
8季度趋势，按日历期对齐
现金及短期投资BBWIPRMB
| Q1 26 | — | — | ||
| Q4 25 | $236.0M | $376.7M | ||
| Q3 25 | $364.0M | — | ||
| Q2 25 | $636.0M | — | ||
| Q1 25 | $674.0M | — | ||
| Q4 24 | $191.0M | — | ||
| Q3 24 | $514.0M | — | ||
| Q2 24 | $855.0M | — |
总债务BBWIPRMB
| Q1 26 | — | $5.2B | ||
| Q4 25 | $3.9B | $5.2B | ||
| Q3 25 | $3.9B | $5.1B | ||
| Q2 25 | $3.9B | $5.1B | ||
| Q1 25 | $3.9B | $5.0B | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $4.3B | — |
股东权益BBWIPRMB
| Q1 26 | — | $3.0B | ||
| Q4 25 | $-1.6B | $3.0B | ||
| Q3 25 | $-1.5B | $3.2B | ||
| Q2 25 | $-1.5B | $3.2B | ||
| Q1 25 | $-1.4B | $3.3B | ||
| Q4 24 | $-1.7B | — | ||
| Q3 24 | $-1.7B | $-2.0K | ||
| Q2 24 | $-1.7B | $-296.8M |
总资产BBWIPRMB
| Q1 26 | — | $10.6B | ||
| Q4 25 | $5.0B | $10.6B | ||
| Q3 25 | $4.8B | $11.0B | ||
| Q2 25 | $4.9B | $11.0B | ||
| Q1 25 | $4.9B | $11.0B | ||
| Q4 24 | $5.0B | — | ||
| Q3 24 | $4.9B | $0 | ||
| Q2 24 | $5.2B | — |
负债/权益比BBWIPRMB
| Q1 26 | — | 1.74× | ||
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | 1.61× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 1.51× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $80.0M | $103.8M |
| 自由现金流经营现金流 - 资本支出 | $-1.0M | — |
| 自由现金流率自由现金流/营收 | -0.1% | — |
| 资本支出强度资本支出/营收 | 5.1% | 2.9% |
| 现金转化率经营现金流/净利润 | 1.04× | 3.80× |
| 过去12个月自由现金流最近4个季度 | $946.0M | — |
8季度趋势，按日历期对齐
经营现金流BBWIPRMB
| Q1 26 | — | $103.8M | ||
| Q4 25 | $80.0M | $203.1M | ||
| Q3 25 | $-43.0M | $283.4M | ||
| Q2 25 | $188.0M | $155.0M | ||
| Q1 25 | $955.0M | $38.8M | ||
| Q4 24 | $-99.0M | — | ||
| Q3 24 | $-46.0M | $0 | ||
| Q2 24 | $76.0M | $102.5M |
自由现金流BBWIPRMB
| Q1 26 | — | — | ||
| Q4 25 | $-1.0M | $57.3M | ||
| Q3 25 | $-99.0M | $167.7M | ||
| Q2 25 | $151.0M | $101.1M | ||
| Q1 25 | $895.0M | $-23.2M | ||
| Q4 24 | $-164.0M | — | ||
| Q3 24 | $-101.0M | — | ||
| Q2 24 | $30.0M | $61.4M |
自由现金流率BBWIPRMB
| Q1 26 | — | — | ||
| Q4 25 | -0.1% | 3.7% | ||
| Q3 25 | -6.4% | 9.5% | ||
| Q2 25 | 10.6% | 5.8% | ||
| Q1 25 | 32.1% | -1.4% | ||
| Q4 24 | -10.2% | — | ||
| Q3 24 | -6.6% | — | ||
| Q2 24 | 2.2% | 4.7% |
资本支出强度BBWIPRMB
| Q1 26 | — | 2.9% | ||
| Q4 25 | 5.1% | 9.4% | ||
| Q3 25 | 3.6% | 6.6% | ||
| Q2 25 | 2.6% | 3.1% | ||
| Q1 25 | 2.2% | 3.8% | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 3.6% | — | ||
| Q2 24 | 3.3% | 3.1% |
现金转化率BBWIPRMB
| Q1 26 | — | 3.80× | ||
| Q4 25 | 1.04× | — | ||
| Q3 25 | -0.67× | 16.87× | ||
| Q2 25 | 1.79× | 5.62× | ||
| Q1 25 | 2.11× | 1.35× | ||
| Q4 24 | -0.93× | — | ||
| Q3 24 | -0.30× | — | ||
| Q2 24 | 0.87× | 1.88× |
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
BBWI
| Bath Body Works Stores | $1.2B | 77% |
| Bath Body Works Direct | $299.0M | 19% |
| Bath Body Works International | $73.0M | 5% |
PRMB
| Regional spring water | $801.2M | 49% |
| Purified water | $511.2M | 31% |
| Other | $208.2M | 13% |
| Premium water | $105.5M | 6% |
