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BRUNSWICK CORP（BC）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
罗布乐思的季度营收约是BRUNSWICK CORP的1.1倍（$1.4B vs $1.3B），BRUNSWICK CORP净利率更高（1.4% vs -22.3%，领先23.7%），罗布乐思同比增速更快（43.2% vs 15.5%），罗布乐思自由现金流更多（$308.6M vs $83.6M），过去两年罗布乐思的营收复合增速更高（32.9% vs -1.1%）
美国Brunswick公司创立于1845年，专注于多品类产品的研发、生产与营销，旗下拥有知名海事品牌水星海事（Mercury Marine）等多个品牌。目前集团在24个国家拥有超1.3万名员工，2024年销售额达52亿美元，全球总部位于伊利诺伊州芝加哥北郊的梅塔瓦。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
BC vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.1倍
$1.3B
营收增速更快
RBLX
高出27.7%
15.5%
净利率更高
BC
高出23.7%
-22.3%
自由现金流更多
RBLX
多$225.0M
$83.6M
两年增速更快
RBLX
近两年复合增速
-1.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.4B |
| 净利润 | $18.7M | $-316.0M |
| 毛利率 | 23.1% | 77.7% |
| 营业利润率 | 3.1% | -25.3% |
| 净利率 | 1.4% | -22.3% |
| 营收同比 | 15.5% | 43.2% |
| 净利润同比 | 122.7% | -43.9% |
| 每股收益（稀释后） | $0.32 | $-0.44 |
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BCRBLX
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.4B | $1.1B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.2B | $988.2M | ||
| Q3 24 | $1.3B | $919.0M | ||
| Q2 24 | $1.4B | $893.5M | ||
| Q1 24 | $1.4B | $801.3M |
净利润BCRBLX
| Q4 25 | $18.7M | $-316.0M | ||
| Q3 25 | $-235.5M | $-255.6M | ||
| Q2 25 | $59.3M | $-278.4M | ||
| Q1 25 | $20.2M | $-215.1M | ||
| Q4 24 | $-82.5M | $-219.6M | ||
| Q3 24 | $44.6M | $-239.3M | ||
| Q2 24 | $100.0M | $-205.9M | ||
| Q1 24 | $68.0M | $-270.6M |
毛利率BCRBLX
| Q4 25 | 23.1% | 77.7% | ||
| Q3 25 | 25.8% | 78.2% | ||
| Q2 25 | 25.5% | 78.2% | ||
| Q1 25 | 24.9% | 78.3% | ||
| Q4 24 | 21.9% | 77.9% | ||
| Q3 24 | 26.2% | 77.7% | ||
| Q2 24 | 27.1% | 77.8% | ||
| Q1 24 | 27.4% | 77.7% |
营业利润率BCRBLX
| Q4 25 | 3.1% | -25.3% | ||
| Q3 25 | -17.8% | -21.8% | ||
| Q2 25 | 7.1% | -29.8% | ||
| Q1 25 | 4.6% | -24.6% | ||
| Q4 24 | -4.8% | -24.7% | ||
| Q3 24 | 7.7% | -30.4% | ||
| Q2 24 | 11.0% | -26.6% | ||
| Q1 24 | 8.1% | -37.7% |
净利率BCRBLX
| Q4 25 | 1.4% | -22.3% | ||
| Q3 25 | -17.3% | -18.8% | ||
| Q2 25 | 4.1% | -25.8% | ||
| Q1 25 | 1.7% | -20.8% | ||
| Q4 24 | -7.1% | -22.2% | ||
| Q3 24 | 3.5% | -26.0% | ||
| Q2 24 | 6.9% | -23.0% | ||
| Q1 24 | 5.0% | -33.8% |
每股收益（稀释后）BCRBLX
| Q4 25 | $0.32 | $-0.44 | ||
| Q3 25 | $-3.59 | $-0.37 | ||
| Q2 25 | $0.89 | $-0.41 | ||
| Q1 25 | $0.30 | $-0.32 | ||
| Q4 24 | $-1.21 | $-0.32 | ||
| Q3 24 | $0.67 | $-0.37 | ||
| Q2 24 | $1.48 | $-0.32 | ||
| Q1 24 | $0.99 | $-0.43 |
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 | $256.8M | $3.1B |
| 总债务越低越好 | $2.1B | $1.2B |
| 股东权益账面价值 | $1.6B | $394.5M |
| 总资产 | $5.3B | $9.6B |
| 负债/权益比越低杠杆越低 | 1.30× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资BCRBLX
| Q4 25 | $256.8M | $3.1B | ||
| Q3 25 | $297.7M | $2.9B | ||
| Q2 25 | $315.7M | $2.6B | ||
| Q1 25 | $286.7M | $2.7B | ||
| Q4 24 | $269.0M | $2.4B | ||
| Q3 24 | $284.1M | $2.3B | ||
| Q2 24 | $494.5M | $2.4B | ||
| Q1 24 | $548.4M | $2.4B |
总债务BCRBLX
| Q4 25 | $2.1B | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.4B | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BCRBLX
| Q4 25 | $1.6B | $394.5M | ||
| Q3 25 | $1.6B | $407.6M | ||
| Q2 25 | $1.9B | $353.2M | ||
| Q1 25 | $1.9B | $310.7M | ||
| Q4 24 | $1.9B | $221.4M | ||
| Q3 24 | $2.0B | $189.9M | ||
| Q2 24 | $2.0B | $121.5M | ||
| Q1 24 | $2.0B | $71.6M |
总资产BCRBLX
| Q4 25 | $5.3B | $9.6B | ||
| Q3 25 | $5.4B | $8.6B | ||
| Q2 25 | $5.8B | $7.8B | ||
| Q1 25 | $5.9B | $7.5B | ||
| Q4 24 | $5.7B | $7.2B | ||
| Q3 24 | $6.0B | $6.7B | ||
| Q2 24 | $6.4B | $6.5B | ||
| Q1 24 | $6.5B | $6.3B |
负债/权益比BCRBLX
| Q4 25 | 1.30× | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.25× | 5.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $132.9M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $83.6M | $308.6M |
| 自由现金流率自由现金流/营收 | 6.3% | 21.8% |
| 资本支出强度资本支出/营收 | 3.7% | 21.1% |
| 现金转化率经营现金流/净利润 | 7.11× | — |
| 过去12个月自由现金流最近4个季度 | $396.3M | $1.4B |
8季度趋势，按日历期对齐
经营现金流BCRBLX
| Q4 25 | $132.9M | $607.0M | ||
| Q3 25 | $140.4M | $546.2M | ||
| Q2 25 | $316.2M | $199.3M | ||
| Q1 25 | $-27.4M | $443.9M | ||
| Q4 24 | $306.4M | $184.5M | ||
| Q3 24 | $67.4M | $247.4M | ||
| Q2 24 | $211.0M | $151.4M | ||
| Q1 24 | $-153.4M | $238.9M |
自由现金流BCRBLX
| Q4 25 | $83.6M | $308.6M | ||
| Q3 25 | $106.5M | $443.6M | ||
| Q2 25 | $271.3M | $176.7M | ||
| Q1 25 | $-65.1M | $426.5M | ||
| Q4 24 | $276.1M | $120.6M | ||
| Q3 24 | $31.4M | $218.0M | ||
| Q2 24 | $163.9M | $111.7M | ||
| Q1 24 | $-207.4M | $192.3M |
自由现金流率BCRBLX
| Q4 25 | 6.3% | 21.8% | ||
| Q3 25 | 7.8% | 32.6% | ||
| Q2 25 | 18.7% | 16.3% | ||
| Q1 25 | -5.3% | 41.2% | ||
| Q4 24 | 23.9% | 12.2% | ||
| Q3 24 | 2.5% | 23.7% | ||
| Q2 24 | 11.4% | 12.5% | ||
| Q1 24 | -15.2% | 24.0% |
资本支出强度BCRBLX
| Q4 25 | 3.7% | 21.1% | ||
| Q3 25 | 2.5% | 7.5% | ||
| Q2 25 | 3.1% | 2.1% | ||
| Q1 25 | 3.1% | 1.7% | ||
| Q4 24 | 2.6% | 6.5% | ||
| Q3 24 | 2.8% | 3.2% | ||
| Q2 24 | 3.3% | 4.4% | ||
| Q1 24 | 4.0% | 5.8% |
现金转化率BCRBLX
| Q4 25 | 7.11× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.33× | — | ||
| Q1 25 | -1.36× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.51× | — | ||
| Q2 24 | 2.11× | — | ||
| Q1 24 | -2.26× | — |
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
BC
| Engine Partsand Accessories | $532.4M | 40% |
| Navico Group | $452.9M | 34% |
| Recreational Fiberglass Boats | $111.6M | 8% |
| Saltwater Fishing Boats | $85.7M | 6% |
| Controls Riggingand Propellers | $78.3M | 6% |
| Business Acceleration | $48.1M | 4% |
| Sterndrive Engine | $32.6M | 2% |
RBLX
暂无分部数据
