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百富门（BF.B）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
百富门的季度营收约是Reddit, Inc.的1.4倍（$1.0B vs $725.6M），Reddit, Inc.净利率更高（34.7% vs 21.6%，领先13.1%），Reddit, Inc.同比增速更快（69.7% vs -5.4%），Reddit, Inc.自由现金流更多（$263.6M vs $107.0M），过去两年Reddit, Inc.的营收复合增速更高（72.8% vs -1.6%）
百富门（Brown-Forman）是美国家族控股上市企业，属全球规模最大的葡萄酒及烈酒经营集团之一，总部位于肯塔基州路易斯维尔。旗下拥有杰克丹尼、伍德福德珍藏、格兰多纳等多个国际知名酒类品牌，曾持有的南方安逸等品牌已于2016年出售。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
BF.B vs RDDT — 直观对比
营收规模更大
BF.B
是对方的1.4倍
$725.6M
营收增速更快
RDDT
高出75.0%
-5.4%
净利率更高
RDDT
高出13.1%
21.6%
自由现金流更多
RDDT
多$156.6M
$107.0M
两年增速更快
RDDT
近两年复合增速
-1.6%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $725.6M |
| 净利润 | $224.0M | $251.6M |
| 毛利率 | 59.4% | 91.9% |
| 营业利润率 | 29.4% | 31.9% |
| 净利率 | 21.6% | 34.7% |
| 营收同比 | -5.4% | 69.7% |
| 净利润同比 | -13.2% | 254.2% |
| 每股收益（稀释后） | $0.47 | $1.24 |
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BF.BRDDT
| Q4 25 | $1.0B | $725.6M | ||
| Q3 25 | $924.0M | $584.9M | ||
| Q2 25 | $894.0M | $499.6M | ||
| Q1 25 | $1.0B | $392.4M | ||
| Q4 24 | $1.1B | $427.7M | ||
| Q3 24 | $951.0M | $348.4M | ||
| Q2 24 | $964.0M | $281.2M | ||
| Q1 24 | $1.1B | $243.0M |
净利润BF.BRDDT
| Q4 25 | $224.0M | $251.6M | ||
| Q3 25 | $170.0M | $162.7M | ||
| Q2 25 | $146.0M | $89.3M | ||
| Q1 25 | $270.0M | $26.2M | ||
| Q4 24 | $258.0M | $71.0M | ||
| Q3 24 | $195.0M | $29.9M | ||
| Q2 24 | $266.0M | $-10.1M | ||
| Q1 24 | $285.0M | $-575.1M |
毛利率BF.BRDDT
| Q4 25 | 59.4% | 91.9% | ||
| Q3 25 | 59.7% | 91.0% | ||
| Q2 25 | 57.4% | 90.8% | ||
| Q1 25 | 59.8% | 90.5% | ||
| Q4 24 | 59.0% | 92.6% | ||
| Q3 24 | 59.4% | 90.1% | ||
| Q2 24 | 59.0% | 89.5% | ||
| Q1 24 | 59.4% | 88.6% |
营业利润率BF.BRDDT
| Q4 25 | 29.4% | 31.9% | ||
| Q3 25 | 28.1% | 23.7% | ||
| Q2 25 | 22.9% | 13.6% | ||
| Q1 25 | 27.1% | 1.0% | ||
| Q4 24 | 31.1% | 12.4% | ||
| Q3 24 | 29.5% | 2.0% | ||
| Q2 24 | 38.9% | -11.0% | ||
| Q1 24 | 34.9% | -242.5% |
净利率BF.BRDDT
| Q4 25 | 21.6% | 34.7% | ||
| Q3 25 | 18.4% | 27.8% | ||
| Q2 25 | 16.3% | 17.9% | ||
| Q1 25 | 26.1% | 6.7% | ||
| Q4 24 | 23.6% | 16.6% | ||
| Q3 24 | 20.5% | 8.6% | ||
| Q2 24 | 27.6% | -3.6% | ||
| Q1 24 | 26.7% | -236.7% |
每股收益（稀释后）BF.BRDDT
| Q4 25 | $0.47 | $1.24 | ||
| Q3 25 | $0.36 | $0.80 | ||
| Q2 25 | $0.31 | $0.45 | ||
| Q1 25 | $0.57 | $0.13 | ||
| Q4 24 | $0.55 | $4.76 | ||
| Q3 24 | $0.41 | $0.16 | ||
| Q2 24 | $0.56 | $-0.06 | ||
| Q1 24 | $0.60 | $-8.19 |
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 | $319.0M | $953.6M |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $4.1B | $2.9B |
| 总资产 | $8.2B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.59× | — |
8季度趋势，按日历期对齐
现金及短期投资BF.BRDDT
| Q4 25 | $319.0M | $953.6M | ||
| Q3 25 | $471.0M | $911.7M | ||
| Q2 25 | $444.0M | $734.1M | ||
| Q1 25 | $599.0M | $635.7M | ||
| Q4 24 | $416.0M | $562.1M | ||
| Q3 24 | $416.0M | $515.9M | ||
| Q2 24 | $446.0M | $468.0M | ||
| Q1 24 | $589.0M | $968.5M |
总债务BF.BRDDT
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.7B | — |
股东权益BF.BRDDT
| Q4 25 | $4.1B | $2.9B | ||
| Q3 25 | $4.0B | $2.6B | ||
| Q2 25 | $4.0B | $2.4B | ||
| Q1 25 | $3.8B | $2.2B | ||
| Q4 24 | $3.7B | $2.1B | ||
| Q3 24 | $3.5B | $2.0B | ||
| Q2 24 | $3.5B | $1.9B | ||
| Q1 24 | $3.2B | $1.8B |
总资产BF.BRDDT
| Q4 25 | $8.2B | $3.2B | ||
| Q3 25 | $8.2B | $2.9B | ||
| Q2 25 | $8.1B | $2.6B | ||
| Q1 25 | $8.1B | $2.4B | ||
| Q4 24 | $8.3B | $2.3B | ||
| Q3 24 | $8.2B | $2.2B | ||
| Q2 24 | $8.2B | $2.1B | ||
| Q1 24 | $8.2B | $2.0B |
负债/权益比BF.BRDDT
| Q4 25 | 0.59× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 0.73× | — | ||
| Q3 24 | 0.77× | — | ||
| Q2 24 | 0.76× | — | ||
| Q1 24 | 0.83× | — |
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 | $132.0M | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $107.0M | $263.6M |
| 自由现金流率自由现金流/营收 | 10.3% | 36.3% |
| 资本支出强度资本支出/营收 | 2.4% | 0.4% |
| 现金转化率经营现金流/净利润 | 0.59× | 1.06× |
| 过去12个月自由现金流最近4个季度 | $610.0M | $684.2M |
8季度趋势，按日历期对齐
经营现金流BF.BRDDT
| Q4 25 | $132.0M | $266.8M | ||
| Q3 25 | $160.0M | $185.2M | ||
| Q2 25 | $152.0M | $111.3M | ||
| Q1 25 | $317.0M | $127.6M | ||
| Q4 24 | $112.0M | $90.0M | ||
| Q3 24 | $17.0M | $71.6M | ||
| Q2 24 | $285.0M | $28.4M | ||
| Q1 24 | $265.0M | $32.1M |
自由现金流BF.BRDDT
| Q4 25 | $107.0M | $263.6M | ||
| Q3 25 | $129.0M | $183.1M | ||
| Q2 25 | $102.0M | $110.8M | ||
| Q1 25 | $272.0M | $126.6M | ||
| Q4 24 | $81.0M | $89.2M | ||
| Q3 24 | $-24.0M | $70.3M | ||
| Q2 24 | $205.0M | $27.2M | ||
| Q1 24 | $196.0M | $29.2M |
自由现金流率BF.BRDDT
| Q4 25 | 10.3% | 36.3% | ||
| Q3 25 | 14.0% | 31.3% | ||
| Q2 25 | 11.4% | 22.2% | ||
| Q1 25 | 26.3% | 32.3% | ||
| Q4 24 | 7.4% | 20.8% | ||
| Q3 24 | -2.5% | 20.2% | ||
| Q2 24 | 21.3% | 9.7% | ||
| Q1 24 | 18.3% | 12.0% |
资本支出强度BF.BRDDT
| Q4 25 | 2.4% | 0.4% | ||
| Q3 25 | 3.4% | 0.4% | ||
| Q2 25 | 5.6% | 0.1% | ||
| Q1 25 | 4.3% | 0.2% | ||
| Q4 24 | 2.8% | 0.2% | ||
| Q3 24 | 4.3% | 0.4% | ||
| Q2 24 | 8.3% | 0.4% | ||
| Q1 24 | 6.5% | 1.2% |
现金转化率BF.BRDDT
| Q4 25 | 0.59× | 1.06× | ||
| Q3 25 | 0.94× | 1.14× | ||
| Q2 25 | 1.04× | 1.25× | ||
| Q1 25 | 1.17× | 4.88× | ||
| Q4 24 | 0.43× | 1.27× | ||
| Q3 24 | 0.09× | 2.40× | ||
| Q2 24 | 1.07× | — | ||
| Q1 24 | 0.93× | — |
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
BF.B
| Whiskey | $771.0M | 74% |
| Ready To Drink | $138.0M | 13% |
| Tequila | $67.0M | 6% |
| Restofportfolio | $52.0M | 5% |
| Nonbrandedandbulk | $8.0M | 1% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
