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BEL FUSE INC（BELFA）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
BEL FUSE INC的季度营收约是STURM RUGER & CO INC的1.2倍（$178.5M vs $151.1M），BEL FUSE INC同比增速更快（17.2% vs 3.6%），过去两年BEL FUSE INC的营收复合增速更高（15.8% vs 5.1%）
Bel Fuse Inc.是一家全球化电子元器件制造商，主营互连解决方案、磁元件及电路保护产品，服务汽车、数据通信、航空航天、工业、消费电子等领域的原始设备制造商和合同制造商，业务覆盖北美、欧洲、亚洲多地。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
BELFA vs RGR — 直观对比
营收规模更大
BELFA
是对方的1.2倍
$151.1M
营收增速更快
BELFA
高出13.6%
3.6%
两年增速更快
BELFA
近两年复合增速
5.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $178.5M | $151.1M |
| 净利润 | $15.0M | — |
| 毛利率 | 39.0% | 17.8% |
| 营业利润率 | 13.3% | 2.3% |
| 净利率 | 8.4% | — |
| 营收同比 | 17.2% | 3.6% |
| 净利润同比 | -18.2% | — |
| 每股收益（稀释后） | — | $0.22 |
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BELFARGR
| Q1 26 | $178.5M | — | ||
| Q4 25 | $175.9M | $151.1M | ||
| Q3 25 | $179.0M | $126.8M | ||
| Q2 25 | $168.3M | $132.5M | ||
| Q1 25 | $152.2M | $135.7M | ||
| Q4 24 | $149.9M | $145.8M | ||
| Q3 24 | $123.6M | $122.3M | ||
| Q2 24 | $133.2M | $130.8M |
净利润BELFARGR
| Q1 26 | $15.0M | — | ||
| Q4 25 | $6.4M | — | ||
| Q3 25 | $22.6M | $1.6M | ||
| Q2 25 | $26.8M | $-17.2M | ||
| Q1 25 | $17.9M | $7.8M | ||
| Q4 24 | $6.4M | — | ||
| Q3 24 | $8.1M | $4.7M | ||
| Q2 24 | $18.8M | $8.3M |
毛利率BELFARGR
| Q1 26 | 39.0% | — | ||
| Q4 25 | 39.4% | 17.8% | ||
| Q3 25 | 39.7% | 15.1% | ||
| Q2 25 | 38.7% | 3.9% | ||
| Q1 25 | 38.6% | 22.0% | ||
| Q4 24 | 37.5% | 22.8% | ||
| Q3 24 | 36.1% | 18.5% | ||
| Q2 24 | 40.1% | 22.3% |
营业利润率BELFARGR
| Q1 26 | 13.3% | — | ||
| Q4 25 | 14.7% | 2.3% | ||
| Q3 25 | 16.9% | -2.7% | ||
| Q2 25 | 17.7% | -15.6% | ||
| Q1 25 | 16.4% | 6.2% | ||
| Q4 24 | 8.3% | 7.8% | ||
| Q3 24 | 9.3% | 3.1% | ||
| Q2 24 | 17.0% | 6.9% |
净利率BELFARGR
| Q1 26 | 8.4% | — | ||
| Q4 25 | 3.7% | — | ||
| Q3 25 | 12.6% | 1.2% | ||
| Q2 25 | 15.9% | -13.0% | ||
| Q1 25 | 11.7% | 5.7% | ||
| Q4 24 | 4.3% | — | ||
| Q3 24 | 6.5% | 3.9% | ||
| Q2 24 | 14.1% | 6.3% |
每股收益（稀释后）BELFARGR
| Q1 26 | — | — | ||
| Q4 25 | — | $0.22 | ||
| Q3 25 | — | $0.10 | ||
| Q2 25 | — | $-1.05 | ||
| Q1 25 | — | $0.46 | ||
| Q4 24 | — | $0.62 | ||
| Q3 24 | — | $0.28 | ||
| Q2 24 | — | $0.47 |
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 | $59.4M | $92.5M |
| 总债务越低越好 | $204.5M | — |
| 股东权益账面价值 | $438.9M | $283.8M |
| 总资产 | $951.9M | $342.0M |
| 负债/权益比越低杠杆越低 | 0.47× | — |
8季度趋势，按日历期对齐
现金及短期投资BELFARGR
| Q1 26 | $59.4M | — | ||
| Q4 25 | $57.8M | $92.5M | ||
| Q3 25 | $57.7M | $80.8M | ||
| Q2 25 | $59.3M | $101.4M | ||
| Q1 25 | $65.9M | $108.3M | ||
| Q4 24 | $68.3M | $105.5M | ||
| Q3 24 | $134.3M | $96.0M | ||
| Q2 24 | $85.0M | $105.6M |
总债务BELFARGR
| Q1 26 | $204.5M | — | ||
| Q4 25 | $197.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $287.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BELFARGR
| Q1 26 | $438.9M | — | ||
| Q4 25 | $425.5M | $283.8M | ||
| Q3 25 | $427.8M | $279.6M | ||
| Q2 25 | $404.7M | $289.3M | ||
| Q1 25 | $376.9M | $321.5M | ||
| Q4 24 | $360.6M | $319.6M | ||
| Q3 24 | $367.4M | $314.9M | ||
| Q2 24 | $356.4M | $321.5M |
总资产BELFARGR
| Q1 26 | $951.9M | — | ||
| Q4 25 | $935.2M | $342.0M | ||
| Q3 25 | $952.8M | $342.3M | ||
| Q2 25 | $950.6M | $349.5M | ||
| Q1 25 | $940.5M | $379.0M | ||
| Q4 24 | $949.8M | $384.0M | ||
| Q3 24 | $584.4M | $373.5M | ||
| Q2 24 | $567.6M | $376.7M |
负债/权益比BELFARGR
| Q1 26 | 0.47× | — | ||
| Q4 25 | 0.46× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.80× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $13.8M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | — | $12.3M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 2.1% |
| 现金转化率经营现金流/净利润 | 0.92× | — |
| 过去12个月自由现金流最近4个季度 | — | $38.5M |
8季度趋势，按日历期对齐
经营现金流BELFARGR
| Q1 26 | $13.8M | — | ||
| Q4 25 | $29.6M | $15.5M | ||
| Q3 25 | $22.2M | $12.9M | ||
| Q2 25 | $20.7M | $14.7M | ||
| Q1 25 | $8.1M | $11.1M | ||
| Q4 24 | $8.3M | $20.0M | ||
| Q3 24 | $27.4M | $9.4M | ||
| Q2 24 | $32.2M | $18.7M |
自由现金流BELFARGR
| Q1 26 | — | — | ||
| Q4 25 | $26.1M | $12.3M | ||
| Q3 25 | $20.3M | $7.0M | ||
| Q2 25 | $16.8M | $9.1M | ||
| Q1 25 | $5.4M | $10.0M | ||
| Q4 24 | $2.1M | $16.4M | ||
| Q3 24 | $23.7M | $2.6M | ||
| Q2 24 | $30.8M | $10.1M |
自由现金流率BELFARGR
| Q1 26 | — | — | ||
| Q4 25 | 14.9% | 8.2% | ||
| Q3 25 | 11.4% | 5.5% | ||
| Q2 25 | 10.0% | 6.9% | ||
| Q1 25 | 3.5% | 7.4% | ||
| Q4 24 | 1.4% | 11.2% | ||
| Q3 24 | 19.2% | 2.1% | ||
| Q2 24 | 23.2% | 7.7% |
资本支出强度BELFARGR
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 2.1% | ||
| Q3 25 | 1.0% | 4.6% | ||
| Q2 25 | 2.3% | 4.2% | ||
| Q1 25 | 1.8% | 0.8% | ||
| Q4 24 | 4.1% | 2.5% | ||
| Q3 24 | 2.9% | 5.5% | ||
| Q2 24 | 1.0% | 6.6% |
现金转化率BELFARGR
| Q1 26 | 0.92× | — | ||
| Q4 25 | 4.59× | — | ||
| Q3 25 | 0.98× | 8.15× | ||
| Q2 25 | 0.77× | — | ||
| Q1 25 | 0.46× | 1.43× | ||
| Q4 24 | 1.30× | — | ||
| Q3 24 | 3.39× | 1.98× | ||
| Q2 24 | 1.71× | 2.27× |
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
BELFA
暂无分部数据
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
