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Bath & Body Works, Inc.（BBWI）与WERNER ENTERPRISES INC（WERN）财务数据对比。点击上方公司名可切换其他公司
Bath & Body Works, Inc.的季度营收约是WERNER ENTERPRISES INC的2.0倍（$1.6B vs $808.6M），Bath & Body Works, Inc.净利率更高（4.8% vs -0.5%，领先5.4%），WERNER ENTERPRISES INC同比增速更快（13.6% vs -1.0%），过去两年WERNER ENTERPRISES INC的营收复合增速更高（4.3% 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。
沃纳企业是美国知名运输物流服务商，业务覆盖美国、墨西哥与加拿大市场。2023年该公司营收达32.8亿美元，旗下员工及签约承包商总规模超1.4万人，在北美跨境物流、干线运输领域具备成熟的服务能力与行业影响力。
BBWI vs WERN — 直观对比
营收规模更大
BBWI
是对方的2.0倍
$808.6M
营收增速更快
WERN
高出14.5%
-1.0%
净利率更高
BBWI
高出5.4%
-0.5%
两年增速更快
WERN
近两年复合增速
-26.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $808.6M |
| 净利润 | $77.0M | $-4.3M |
| 毛利率 | 41.3% | — |
| 营业利润率 | 10.1% | — |
| 净利率 | 4.8% | -0.5% |
| 营收同比 | -1.0% | 13.6% |
| 净利润同比 | -27.4% | 57.8% |
| 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BBWIWERN
| Q1 26 | — | $808.6M | ||
| Q4 25 | $1.6B | $719.9M | ||
| Q3 25 | $1.5B | $752.2M | ||
| Q2 25 | $1.4B | $734.1M | ||
| Q1 25 | $2.8B | $693.4M | ||
| Q4 24 | $1.6B | $736.6M | ||
| Q3 24 | $1.5B | $726.3M | ||
| Q2 24 | $1.4B | $742.7M |
净利润BBWIWERN
| Q1 26 | — | $-4.3M | ||
| Q4 25 | $77.0M | $-27.8M | ||
| Q3 25 | $64.0M | $-20.6M | ||
| Q2 25 | $105.0M | $44.1M | ||
| Q1 25 | $453.0M | $-10.1M | ||
| Q4 24 | $106.0M | $11.9M | ||
| Q3 24 | $152.0M | $6.6M | ||
| Q2 24 | $87.0M | $9.5M |
毛利率BBWIWERN
| Q1 26 | — | — | ||
| Q4 25 | 41.3% | — | ||
| Q3 25 | 41.3% | — | ||
| Q2 25 | 45.4% | — | ||
| Q1 25 | 46.7% | — | ||
| Q4 24 | 43.5% | — | ||
| Q3 24 | 41.0% | — | ||
| Q2 24 | 43.8% | — |
营业利润率BBWIWERN
| Q1 26 | — | — | ||
| Q4 25 | 10.1% | -5.0% | ||
| Q3 25 | 10.1% | -1.7% | ||
| Q2 25 | 14.7% | 9.0% | ||
| Q1 25 | 24.3% | -0.8% | ||
| Q4 24 | 13.5% | 1.8% | ||
| Q3 24 | 12.0% | 2.4% | ||
| Q2 24 | 13.5% | 2.6% |
净利率BBWIWERN
| Q1 26 | — | -0.5% | ||
| Q4 25 | 4.8% | -3.9% | ||
| Q3 25 | 4.1% | -2.7% | ||
| Q2 25 | 7.4% | 6.0% | ||
| Q1 25 | 16.3% | -1.5% | ||
| Q4 24 | 6.6% | 1.6% | ||
| Q3 24 | 10.0% | 0.9% | ||
| Q2 24 | 6.3% | 1.3% |
每股收益（稀释后）BBWIWERN
| Q1 26 | — | $-0.07 | ||
| Q4 25 | $0.37 | $-0.46 | ||
| Q3 25 | $0.30 | $-0.34 | ||
| Q2 25 | $0.49 | $0.72 | ||
| Q1 25 | $2.06 | $-0.16 | ||
| Q4 24 | $0.49 | $0.19 | ||
| Q3 24 | $0.68 | $0.11 | ||
| Q2 24 | $0.38 | $0.15 |
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 | $61.5M |
| 总债务越低越好 | $3.9B | $878.2M |
| 股东权益账面价值 | $-1.6B | $1.4B |
| 总资产 | $5.0B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资BBWIWERN
| Q1 26 | — | $61.5M | ||
| Q4 25 | $236.0M | $59.9M | ||
| Q3 25 | $364.0M | $51.0M | ||
| Q2 25 | $636.0M | $51.4M | ||
| Q1 25 | $674.0M | $52.0M | ||
| Q4 24 | $191.0M | $40.8M | ||
| Q3 24 | $514.0M | $54.7M | ||
| Q2 24 | $855.0M | $70.4M |
总债务BBWIWERN
| Q1 26 | — | $878.2M | ||
| Q4 25 | $3.9B | $752.0M | ||
| Q3 25 | $3.9B | $725.0M | ||
| Q2 25 | $3.9B | $725.0M | ||
| Q1 25 | $3.9B | $640.0M | ||
| Q4 24 | $4.2B | $650.0M | ||
| Q3 24 | $4.2B | $690.0M | ||
| Q2 24 | $4.3B | $670.0M |
股东权益BBWIWERN
| Q1 26 | — | $1.4B | ||
| Q4 25 | $-1.6B | $1.4B | ||
| Q3 25 | $-1.5B | $1.4B | ||
| Q2 25 | $-1.5B | $1.4B | ||
| Q1 25 | $-1.4B | $1.4B | ||
| Q4 24 | $-1.7B | $1.5B | ||
| Q3 24 | $-1.7B | $1.4B | ||
| Q2 24 | $-1.7B | $1.5B |
总资产BBWIWERN
| Q1 26 | — | $3.3B | ||
| Q4 25 | $5.0B | $2.9B | ||
| Q3 25 | $4.8B | $3.0B | ||
| Q2 25 | $4.9B | $2.9B | ||
| Q1 25 | $4.9B | $3.0B | ||
| Q4 24 | $5.0B | $3.1B | ||
| Q3 24 | $4.9B | $3.1B | ||
| Q2 24 | $5.2B | $3.1B |
负债/权益比BBWIWERN
| Q1 26 | — | 0.65× | ||
| Q4 25 | — | 0.55× | ||
| Q3 25 | — | 0.52× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.45× | ||
| Q4 24 | — | 0.45× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.46× |
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 | — |
| 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% | 0.2% |
| 现金转化率经营现金流/净利润 | 1.04× | — |
| 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BBWIWERN
| Q1 26 | — | — | ||
| Q4 25 | $80.0M | $62.3M | ||
| Q3 25 | $-43.0M | $44.1M | ||
| Q2 25 | $188.0M | $46.0M | ||
| Q1 25 | $955.0M | $29.4M | ||
| Q4 24 | $-99.0M | $71.0M | ||
| Q3 24 | $-46.0M | $61.0M | ||
| Q2 24 | $76.0M | $109.1M |
自由现金流BBWIWERN
| Q1 26 | — | — | ||
| Q4 25 | $-1.0M | $-23.5M | ||
| Q3 25 | $-99.0M | $-8.6M | ||
| Q2 25 | $151.0M | $-42.3M | ||
| Q1 25 | $895.0M | $5.9M | ||
| Q4 24 | $-164.0M | $-9.8M | ||
| Q3 24 | $-101.0M | $-73.4M | ||
| Q2 24 | $30.0M | $-31.2M |
自由现金流率BBWIWERN
| Q1 26 | — | — | ||
| Q4 25 | -0.1% | -3.3% | ||
| Q3 25 | -6.4% | -1.1% | ||
| Q2 25 | 10.6% | -5.8% | ||
| Q1 25 | 32.1% | 0.8% | ||
| Q4 24 | -10.2% | -1.3% | ||
| Q3 24 | -6.6% | -10.1% | ||
| Q2 24 | 2.2% | -4.2% |
资本支出强度BBWIWERN
| Q1 26 | — | 0.2% | ||
| Q4 25 | 5.1% | 11.9% | ||
| Q3 25 | 3.6% | 7.0% | ||
| Q2 25 | 2.6% | 12.0% | ||
| Q1 25 | 2.2% | 3.4% | ||
| Q4 24 | 4.0% | 11.0% | ||
| Q3 24 | 3.6% | 18.5% | ||
| Q2 24 | 3.3% | 18.9% |
现金转化率BBWIWERN
| Q1 26 | — | — | ||
| Q4 25 | 1.04× | — | ||
| Q3 25 | -0.67× | — | ||
| Q2 25 | 1.79× | 1.04× | ||
| Q1 25 | 2.11× | — | ||
| Q4 24 | -0.93× | 5.97× | ||
| Q3 24 | -0.30× | 9.30× | ||
| Q2 24 | 0.87× | 11.52× |
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% |
WERN
暂无分部数据
