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FLANIGANS ENTERPRISES INC（BDL）与Restaurant Brands International Inc.（QSR）财务数据对比。点击上方公司名可切换其他公司
Restaurant Brands International Inc.的季度营收约是FLANIGANS ENTERPRISES INC的46.9倍（$2.5B vs $52.6M）。Restaurant Brands International Inc.净利率更高（6.3% vs 1.5%，领先4.8%）。Restaurant Brands International Inc.同比增速更快（7.4% vs 4.6%）。Restaurant Brands International Inc.自由现金流更多（$453.0M vs $4.5M）。过去两年Restaurant Brands International Inc.的营收复合增速更高（19.1% 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。
Restaurant Brands International（简称RBI）是美加合资的跨国快餐控股企业，2014年由汉堡王与加拿大咖啡连锁品牌蒂姆·霍顿斯以125亿美元合并成立，后续先后收购Popeyes、Firehouse Subs两大品牌，现为全球第五大快餐运营商，规模仅次于赛百味、麦当劳、星巴克和百胜餐饮。
BDL vs QSR — 直观对比
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $52.6M | $2.5B |
| 净利润 | $805.0K | $155.0M |
| 毛利率 | — | — |
| 营业利润率 | 3.2% | 25.2% |
| 净利率 | 1.5% | 6.3% |
| 营收同比 | 4.6% | 7.4% |
| 净利润同比 | 1363.6% | -57.1% |
| 每股收益（稀释后） | $0.43 | $0.33 |
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
| Q4 25 | $52.6M | $2.5B | ||
| Q3 25 | $50.0M | $2.4B | ||
| Q2 25 | $51.9M | $2.4B | ||
| Q1 25 | $53.4M | $2.1B | ||
| Q4 24 | $50.0M | $2.3B | ||
| Q3 24 | $45.4M | $2.3B | ||
| Q2 24 | $48.8M | $2.1B | ||
| Q1 24 | $48.1M | $1.7B |
| Q4 25 | $805.0K | $155.0M | ||
| Q3 25 | $896.0K | $436.0M | ||
| Q2 25 | $1.4M | $263.0M | ||
| Q1 25 | $2.7M | $221.0M | ||
| Q4 24 | $55.0K | $361.0M | ||
| Q3 24 | $184.0K | $357.0M | ||
| Q2 24 | $1.1M | $399.0M | ||
| Q1 24 | $1.9M | $328.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 65.2% |
| Q4 25 | 3.2% | 25.2% | ||
| Q3 25 | 3.3% | 27.1% | ||
| Q2 25 | 5.5% | 20.0% | ||
| Q1 25 | 6.6% | 20.6% | ||
| Q4 24 | 1.5% | 27.7% | ||
| Q3 24 | 0.7% | 25.2% | ||
| Q2 24 | 4.4% | 31.9% | ||
| Q1 24 | 5.6% | 31.3% |
| Q4 25 | 1.5% | 6.3% | ||
| Q3 25 | 1.8% | 17.8% | ||
| Q2 25 | 2.7% | 10.9% | ||
| Q1 25 | 5.0% | 10.5% | ||
| Q4 24 | 0.1% | 15.7% | ||
| Q3 24 | 0.4% | 15.6% | ||
| Q2 24 | 2.3% | 19.2% | ||
| Q1 24 | 4.0% | 18.9% |
| Q4 25 | $0.43 | $0.33 | ||
| Q3 25 | $0.48 | $0.96 | ||
| Q2 25 | $0.75 | $0.57 | ||
| Q1 25 | $1.45 | $0.49 | ||
| Q4 24 | $0.03 | $0.79 | ||
| Q3 24 | $0.11 | $0.79 | ||
| Q2 24 | $0.60 | $0.88 | ||
| Q1 24 | $1.04 | $0.72 |
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 | — | — |
| 总债务越低越好 | — | $13.3B |
| 股东权益账面价值 | $66.0M | $3.6B |
| 总资产 | $142.1M | $25.6B |
| 负债/权益比越低杠杆越低 | — | 3.65× |
8季度趋势，按日历期对齐
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $732.0K | — | ||
| Q1 25 | $244.0K | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $13.3B | ||
| Q3 25 | $20.9M | $13.5B | ||
| Q2 25 | — | $13.6B | ||
| Q1 25 | — | $13.6B | ||
| Q4 24 | — | $13.6B | ||
| Q3 24 | $22.2M | $13.7B | ||
| Q2 24 | — | $13.7B | ||
| Q1 24 | — | $12.9B |
| Q4 25 | $66.0M | $3.6B | ||
| Q3 25 | $65.2M | $3.4B | ||
| Q2 25 | $64.3M | $3.3B | ||
| Q1 25 | $64.0M | $3.1B | ||
| Q4 24 | $61.6M | $3.1B | ||
| Q3 24 | $61.2M | $3.2B | ||
| Q2 24 | $61.3M | $3.1B | ||
| Q1 24 | $61.1M | $3.0B |
| Q4 25 | $142.1M | $25.6B | ||
| Q3 25 | $140.6M | $25.7B | ||
| Q2 25 | $140.7M | $25.7B | ||
| Q1 25 | $143.3M | $24.9B | ||
| Q4 24 | $146.9M | $24.6B | ||
| Q3 24 | $142.1M | $25.1B | ||
| Q2 24 | $143.1M | $24.8B | ||
| Q1 24 | $144.4M | $23.1B |
| Q4 25 | — | 3.65× | ||
| Q3 25 | 0.32× | 3.99× | ||
| Q2 25 | — | 4.10× | ||
| Q1 25 | — | 4.37× | ||
| Q4 24 | — | 4.39× | ||
| Q3 24 | 0.36× | 4.22× | ||
| Q2 24 | — | 4.46× | ||
| Q1 24 | — | 4.35× |
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 | $555.0M |
| 自由现金流经营现金流 - 资本支出 | $4.5M | $453.0M |
| 自由现金流率自由现金流/营收 | 8.5% | 18.4% |
| 资本支出强度资本支出/营收 | 0.9% | 4.1% |
| 现金转化率经营现金流/净利润 | 6.14× | 3.58× |
| 过去12个月自由现金流最近4个季度 | $2.2M | $1.4B |
8季度趋势，按日历期对齐
| Q4 25 | $4.9M | $555.0M | ||
| Q3 25 | $3.4M | $592.0M | ||
| Q2 25 | $1.4M | $449.0M | ||
| Q1 25 | $-2.0M | $118.0M | ||
| Q4 24 | $7.7M | $481.0M | ||
| Q3 24 | — | $540.0M | ||
| Q2 24 | $3.1M | $334.0M | ||
| Q1 24 | — | $148.0M |
| Q4 25 | $4.5M | $453.0M | ||
| Q3 25 | $2.4M | $531.0M | ||
| Q2 25 | $-1.8M | $411.0M | ||
| Q1 25 | $-3.0M | $54.0M | ||
| Q4 24 | $7.0M | $404.0M | ||
| Q3 24 | — | $485.0M | ||
| Q2 24 | $2.2M | $291.0M | ||
| Q1 24 | — | $122.0M |
| Q4 25 | 8.5% | 18.4% | ||
| Q3 25 | 4.9% | 21.7% | ||
| Q2 25 | -3.4% | 17.1% | ||
| Q1 25 | -5.5% | 2.6% | ||
| Q4 24 | 13.9% | 17.6% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | 4.5% | 14.0% | ||
| Q1 24 | — | 7.0% |
| Q4 25 | 0.9% | 4.1% | ||
| Q3 25 | 1.9% | 2.5% | ||
| Q2 25 | 6.1% | 1.6% | ||
| Q1 25 | 1.8% | 3.0% | ||
| Q4 24 | 1.5% | 3.4% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | 1.8% | 2.1% | ||
| Q1 24 | — | 1.5% |
| Q4 25 | 6.14× | 3.58× | ||
| Q3 25 | 3.75× | 1.36× | ||
| Q2 25 | 1.02× | 1.71× | ||
| Q1 25 | -0.73× | 0.53× | ||
| Q4 24 | 140.02× | 1.33× | ||
| Q3 24 | — | 1.51× | ||
| Q2 24 | 2.75× | 0.84× | ||
| Q1 24 | — | 0.45× |
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% |
QSR
| CA | $1.0B | 41% |
| Other | $330.0M | 13% |
| Advertising | $308.0M | 12% |
| Others | $284.0M | 12% |
| Popeyes Louisiana Kitchen | $195.0M | 8% |
| Burger King | $185.0M | 8% |
| Royalty | $87.0M | 4% |
| Firehouse Subs | $59.0M | 2% |
| Franchisor | $7.0M | 0% |
