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FLANIGANS ENTERPRISES INC（BDL）与Biglari Holdings Inc.（BH）财务数据对比。点击上方公司名可切换其他公司
Biglari Holdings Inc.的季度营收约是FLANIGANS ENTERPRISES INC的1.9倍（$99.9M vs $52.6M）。FLANIGANS ENTERPRISES INC净利率更高（1.5% vs -49.9%，领先51.4%）。Biglari Holdings Inc.同比增速更快（9.6% vs 4.6%）。Biglari Holdings Inc.自由现金流更多（$6.4M vs $4.5M）。过去两年Biglari Holdings Inc.的营收复合增速更高（5.7% vs 4.6%）
Flanigans Enterprises Inc.是一家总部位于美国的餐饮服务企业，主要在佛罗里达州开展业务，旗下拥有Flanigan's海鲜酒吧烧烤连锁休闲餐厅及零售酒类门店，服务客群覆盖当地居民与区域游客，提供平价海鲜、美式家常餐食及各类饮品。
Biglari控股是一家总部位于美国得克萨斯州圣安东尼奥的控股公司，由企业家萨达尔·比格拉里创立。旗下业务涵盖餐饮、出版、保险、石油能源多个领域，旗下子品牌包括Steak 'n Shake、《马克西姆》杂志、第一卫士保险、南先锋保险、南方石油、阿布拉克萨斯石油等。
BDL vs BH — 直观对比
营收规模更大
BH
是对方的1.9倍
$52.6M
营收增速更快
BH
高出5.0%
4.6%
净利率更高
BDL
高出51.4%
-49.9%
自由现金流更多
BH
多$1.9M
$4.5M
两年增速更快
BH
近两年复合增速
4.6%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $52.6M | $99.9M |
| 净利润 | $805.0K | $-49.9M |
| 毛利率 | — | 58.3% |
| 营业利润率 | 3.2% | -64.1% |
| 净利率 | 1.5% | -49.9% |
| 营收同比 | 4.6% | 9.6% |
| 净利润同比 | 1363.6% | -385.3% |
| 每股收益（稀释后） | $0.43 | — |
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BDLBH
| Q4 25 | $52.6M | $99.9M | ||
| Q3 25 | $50.0M | $99.7M | ||
| Q2 25 | $51.9M | $100.6M | ||
| Q1 25 | $53.4M | $95.0M | ||
| Q4 24 | $50.0M | $91.1M | ||
| Q3 24 | $45.4M | $90.4M | ||
| Q2 24 | $48.8M | $91.1M | ||
| Q1 24 | $48.1M | $89.5M |
净利润BDLBH
| Q4 25 | $805.0K | $-49.9M | ||
| Q3 25 | $896.0K | $-5.3M | ||
| Q2 25 | $1.4M | $50.9M | ||
| Q1 25 | $2.7M | $-33.3M | ||
| Q4 24 | $55.0K | $-10.3M | ||
| Q3 24 | $184.0K | $32.1M | ||
| Q2 24 | $1.1M | $-48.2M | ||
| Q1 24 | $1.9M | $22.6M |
毛利率BDLBH
| Q4 25 | — | 58.3% | ||
| Q3 25 | — | 58.1% | ||
| Q2 25 | — | 60.2% | ||
| Q1 25 | — | 60.3% | ||
| Q4 24 | — | 60.6% | ||
| Q3 24 | — | 59.9% | ||
| Q2 24 | — | 59.5% | ||
| Q1 24 | — | 61.5% |
营业利润率BDLBH
| Q4 25 | 3.2% | -64.1% | ||
| Q3 25 | 3.3% | -7.6% | ||
| Q2 25 | 5.5% | 64.7% | ||
| Q1 25 | 6.6% | -43.3% | ||
| Q4 24 | 1.5% | -19.7% | ||
| Q3 24 | 0.7% | 47.9% | ||
| Q2 24 | 4.4% | -69.0% | ||
| Q1 24 | 5.6% | 32.9% |
净利率BDLBH
| Q4 25 | 1.5% | -49.9% | ||
| Q3 25 | 1.8% | -5.3% | ||
| Q2 25 | 2.7% | 50.6% | ||
| Q1 25 | 5.0% | -35.0% | ||
| Q4 24 | 0.1% | -11.3% | ||
| Q3 24 | 0.4% | 35.5% | ||
| Q2 24 | 2.3% | -52.9% | ||
| Q1 24 | 4.0% | 25.2% |
每股收益（稀释后）BDLBH
| Q4 25 | $0.43 | — | ||
| Q3 25 | $0.48 | — | ||
| Q2 25 | $0.75 | — | ||
| Q1 25 | $1.45 | — | ||
| Q4 24 | $0.03 | — | ||
| Q3 24 | $0.11 | — | ||
| Q2 24 | $0.60 | — | ||
| Q1 24 | $1.04 | — |
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 | — | $268.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $66.0M | $523.4M |
| 总资产 | $142.1M | $1.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BDLBH
| Q4 25 | — | $268.8M | ||
| Q3 25 | — | $272.5M | ||
| Q2 25 | $732.0K | $32.8M | ||
| Q1 25 | $244.0K | $28.7M | ||
| Q4 24 | — | $30.7M | ||
| Q3 24 | — | $29.9M | ||
| Q2 24 | — | $26.9M | ||
| Q1 24 | — | $34.5M |
总债务BDLBH
| Q4 25 | — | — | ||
| Q3 25 | $20.9M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $22.2M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BDLBH
| Q4 25 | $66.0M | $523.4M | ||
| Q3 25 | $65.2M | $580.3M | ||
| Q2 25 | $64.3M | $589.3M | ||
| Q1 25 | $64.0M | $539.8M | ||
| Q4 24 | $61.6M | $573.0M | ||
| Q3 24 | $61.2M | $601.8M | ||
| Q2 24 | $61.3M | $569.2M | ||
| Q1 24 | $61.1M | $618.6M |
总资产BDLBH
| Q4 25 | $142.1M | $1.0B | ||
| Q3 25 | $140.6M | $1.1B | ||
| Q2 25 | $140.7M | $863.6M | ||
| Q1 25 | $143.3M | $829.1M | ||
| Q4 24 | $146.9M | $866.1M | ||
| Q3 24 | $142.1M | $865.1M | ||
| Q2 24 | $143.1M | $809.1M | ||
| Q1 24 | $144.4M | $885.3M |
负债/权益比BDLBH
| Q4 25 | — | — | ||
| Q3 25 | 0.32× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.36× | — | ||
| 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 | $4.9M | $17.8M |
| 自由现金流经营现金流 - 资本支出 | $4.5M | $6.4M |
| 自由现金流率自由现金流/营收 | 8.5% | 6.4% |
| 资本支出强度资本支出/营收 | 0.9% | 11.4% |
| 现金转化率经营现金流/净利润 | 6.14× | — |
| 过去12个月自由现金流最近4个季度 | $2.2M | $76.6M |
8季度趋势，按日历期对齐
经营现金流BDLBH
| Q4 25 | $4.9M | $17.8M | ||
| Q3 25 | $3.4M | $31.2M | ||
| Q2 25 | $1.4M | $42.1M | ||
| Q1 25 | $-2.0M | $15.8M | ||
| Q4 24 | $7.7M | $18.0M | ||
| Q3 24 | — | $10.8M | ||
| Q2 24 | $3.1M | $1.8M | ||
| Q1 24 | — | $19.1M |
自由现金流BDLBH
| Q4 25 | $4.5M | $6.4M | ||
| Q3 25 | $2.4M | $22.3M | ||
| Q2 25 | $-1.8M | $39.4M | ||
| Q1 25 | $-3.0M | $8.5M | ||
| Q4 24 | $7.0M | $10.9M | ||
| Q3 24 | — | $3.7M | ||
| Q2 24 | $2.2M | $-10.0M | ||
| Q1 24 | — | $14.5M |
自由现金流率BDLBH
| Q4 25 | 8.5% | 6.4% | ||
| Q3 25 | 4.9% | 22.4% | ||
| Q2 25 | -3.4% | 39.2% | ||
| Q1 25 | -5.5% | 8.9% | ||
| Q4 24 | 13.9% | 12.0% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | 4.5% | -11.0% | ||
| Q1 24 | — | 16.2% |
资本支出强度BDLBH
| Q4 25 | 0.9% | 11.4% | ||
| Q3 25 | 1.9% | 9.0% | ||
| Q2 25 | 6.1% | 2.7% | ||
| Q1 25 | 1.8% | 7.7% | ||
| Q4 24 | 1.5% | 7.8% | ||
| Q3 24 | — | 7.8% | ||
| Q2 24 | 1.8% | 13.0% | ||
| Q1 24 | — | 5.1% |
现金转化率BDLBH
| Q4 25 | 6.14× | — | ||
| Q3 25 | 3.75× | — | ||
| Q2 25 | 1.02× | 0.83× | ||
| Q1 25 | -0.73× | — | ||
| Q4 24 | 140.02× | — | ||
| Q3 24 | — | 0.33× | ||
| Q2 24 | 2.75× | — | ||
| Q1 24 | — | 0.85× |
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
BDL
| Restaurant Food Sales | $30.9M | 59% |
| Package Store Sales | $13.3M | 25% |
| Restaurant Bar Sales | $7.9M | 15% |
BH
| Products | $45.9M | 46% |
| Franchisor | $20.5M | 21% |
| Insurance Operations | $19.1M | 19% |
| Oil And Gas Segment | $5.4M | 5% |
| Royalty | $4.1M | 4% |
| Abraxas Petroleum | $2.7M | 3% |
| Other | $2.2M | 2% |
