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三得利全球烈酒（BEEM）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Sunrun Inc.的季度营收约是三得利全球烈酒的128.1倍（$1.2B vs $9.0M）。Sunrun Inc.净利率更高（8.9% vs -25.8%，领先34.7%）。Sunrun Inc.同比增速更快（123.5% vs 6.7%）。过去两年Sunrun Inc.的营收复合增速更高（59.0% vs -21.2%）
三得利全球烈酒公司（原金宾三得利）是一家美国饮品企业，隶属于日本跨国饮品集团三得利控股，主营业务为各类酒精饮品的生产销售，在全球烈酒市场拥有较高的行业知名度。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
BEEM vs RUN — 直观对比
营收规模更大
RUN
是对方的128.1倍
$9.0M
营收增速更快
RUN
高出116.8%
6.7%
净利率更高
RUN
高出34.7%
-25.8%
两年增速更快
RUN
近两年复合增速
-21.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $9.0M | $1.2B |
| 净利润 | $-2.3M | $103.6M |
| 毛利率 | 17.8% | — |
| 营业利润率 | -29.3% | 8.4% |
| 净利率 | -25.8% | 8.9% |
| 营收同比 | 6.7% | 123.5% |
| 净利润同比 | 49.6% | 103.7% |
| 每股收益（稀释后） | — | $0.38 |
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BEEMRUN
| Q4 25 | $9.0M | $1.2B | ||
| Q3 25 | $5.8M | $724.6M | ||
| Q2 25 | $7.1M | $569.3M | ||
| Q1 25 | $6.3M | $504.3M | ||
| Q4 24 | $8.5M | $518.5M | ||
| Q3 24 | $11.5M | $537.2M | ||
| Q2 24 | $14.8M | $523.9M | ||
| Q1 24 | $14.6M | $458.2M |
净利润BEEMRUN
| Q4 25 | $-2.3M | $103.6M | ||
| Q3 25 | $-4.9M | $16.6M | ||
| Q2 25 | $-4.3M | $279.8M | ||
| Q1 25 | $-15.5M | $50.0M | ||
| Q4 24 | $-4.6M | $-2.8B | ||
| Q3 24 | $1.3M | $-83.8M | ||
| Q2 24 | $-4.9M | $139.1M | ||
| Q1 24 | $-3.0M | $-87.8M |
毛利率BEEMRUN
| Q4 25 | 17.8% | — | ||
| Q3 25 | -0.5% | — | ||
| Q2 25 | 20.3% | — | ||
| Q1 25 | 7.9% | — | ||
| Q4 24 | 26.3% | — | ||
| Q3 24 | 10.7% | — | ||
| Q2 24 | 15.9% | — | ||
| Q1 24 | 10.2% | — |
营业利润率BEEMRUN
| Q4 25 | -29.3% | 8.4% | ||
| Q3 25 | -84.2% | 0.5% | ||
| Q2 25 | -63.1% | -19.7% | ||
| Q1 25 | -245.8% | -22.8% | ||
| Q4 24 | -60.1% | -628.0% | ||
| Q3 24 | 11.2% | -23.8% | ||
| Q2 24 | -32.3% | -24.4% | ||
| Q1 24 | -20.9% | -40.0% |
净利率BEEMRUN
| Q4 25 | -25.8% | 8.9% | ||
| Q3 25 | -84.1% | 2.3% | ||
| Q2 25 | -60.5% | 49.1% | ||
| Q1 25 | -245.5% | 9.9% | ||
| Q4 24 | -54.5% | -542.7% | ||
| Q3 24 | 11.3% | -15.6% | ||
| Q2 24 | -33.2% | 26.5% | ||
| Q1 24 | -20.9% | -19.2% |
每股收益（稀释后）BEEMRUN
| Q4 25 | — | $0.38 | ||
| Q3 25 | $-0.28 | $0.06 | ||
| Q2 25 | $-0.28 | $1.07 | ||
| Q1 25 | $-1.04 | $0.20 | ||
| Q4 24 | $-0.31 | $-12.59 | ||
| Q3 24 | $0.09 | $-0.37 | ||
| Q2 24 | $-0.34 | $0.55 | ||
| Q1 24 | $-0.21 | $-0.40 |
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 | $969.0K | — |
| 总债务越低越好 | — | $14.7B |
| 股东权益账面价值 | $24.8M | $3.1B |
| 总资产 | $42.7M | $22.6B |
| 负债/权益比越低杠杆越低 | — | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资BEEMRUN
| Q4 25 | $969.0K | — | ||
| Q3 25 | $3.3M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $4.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务BEEMRUN
| Q4 25 | — | $14.7B | ||
| Q3 25 | — | $14.6B | ||
| Q2 25 | — | $14.0B | ||
| Q1 25 | — | $13.6B | ||
| Q4 24 | — | $12.9B | ||
| Q3 24 | — | $12.5B | ||
| Q2 24 | — | $12.0B | ||
| Q1 24 | — | $11.1B |
股东权益BEEMRUN
| Q4 25 | $24.8M | $3.1B | ||
| Q3 25 | $26.5M | $3.0B | ||
| Q2 25 | $26.9M | $2.9B | ||
| Q1 25 | $26.7M | $2.6B | ||
| Q4 24 | $41.3M | $2.6B | ||
| Q3 24 | $46.4M | $5.3B | ||
| Q2 24 | $43.4M | $5.4B | ||
| Q1 24 | $46.9M | $5.2B |
总资产BEEMRUN
| Q4 25 | $42.7M | $22.6B | ||
| Q3 25 | $44.6M | $22.2B | ||
| Q2 25 | $46.7M | $21.2B | ||
| Q1 25 | $46.8M | $20.4B | ||
| Q4 24 | $61.5M | $19.9B | ||
| Q3 24 | $67.3M | $22.1B | ||
| Q2 24 | $71.9M | $21.4B | ||
| Q1 24 | $75.7M | $20.8B |
负债/权益比BEEMRUN
| Q4 25 | — | 4.69× | ||
| Q3 25 | — | 4.90× | ||
| Q2 25 | — | 4.80× | ||
| Q1 25 | — | 5.19× | ||
| Q4 24 | — | 5.05× | ||
| Q3 24 | — | 2.36× | ||
| Q2 24 | — | 2.23× | ||
| Q1 24 | — | 2.15× |
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 | $-3.8M | $96.9M |
| 自由现金流经营现金流 - 资本支出 | $-3.8M | — |
| 自由现金流率自由现金流/营收 | -42.3% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 现金转化率经营现金流/净利润 | — | 0.94× |
| 过去12个月自由现金流最近4个季度 | $-11.8M | — |
8季度趋势，按日历期对齐
经营现金流BEEMRUN
| Q4 25 | $-3.8M | $96.9M | ||
| Q3 25 | $-4.6M | $-121.5M | ||
| Q2 25 | $-318.0K | $-292.7M | ||
| Q1 25 | $-1.8M | $-104.2M | ||
| Q4 24 | $859.0K | $-258.4M | ||
| Q3 24 | $-3.0M | $-156.2M | ||
| Q2 24 | $2.9M | $-208.5M | ||
| Q1 24 | $-3.0M | $-143.1M |
自由现金流BEEMRUN
| Q4 25 | $-3.8M | — | ||
| Q3 25 | $-5.1M | — | ||
| Q2 25 | $-1.1M | — | ||
| Q1 25 | $-1.8M | — | ||
| Q4 24 | $462.0K | — | ||
| Q3 24 | $-3.1M | $-156.4M | ||
| Q2 24 | $2.8M | — | ||
| Q1 24 | $-3.1M | — |
自由现金流率BEEMRUN
| Q4 25 | -42.3% | — | ||
| Q3 25 | -87.9% | — | ||
| Q2 25 | -15.2% | — | ||
| Q1 25 | -28.7% | — | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | -27.4% | -29.1% | ||
| Q2 24 | 18.9% | — | ||
| Q1 24 | -21.5% | — |
资本支出强度BEEMRUN
| Q4 25 | 0.6% | — | ||
| Q3 25 | 7.8% | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 4.7% | — | ||
| Q3 24 | 1.7% | 0.0% | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 0.7% | — |
现金转化率BEEMRUN
| Q4 25 | — | 0.94× | ||
| Q3 25 | — | -7.33× | ||
| Q2 25 | — | -1.05× | ||
| Q1 25 | — | -2.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | -2.28× | — | ||
| Q2 24 | — | -1.50× | ||
| Q1 24 | — | — |
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
BEEM
暂无分部数据
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
