vs
百富门（BF.B）与Ryerson Holding Corp（RYI）财务数据对比。点击上方公司名可切换其他公司
Ryerson Holding Corp的季度营收约是百富门的1.1倍（$1.1B vs $1.0B），百富门净利率更高（21.6% vs -3.4%，领先25.1%），Ryerson Holding Corp同比增速更快（9.7% vs -5.4%），百富门自由现金流更多（$107.0M vs $91.9M），过去两年百富门的营收复合增速更高（-1.6% vs -5.6%）
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。
莱森控股集团旗下的约瑟夫·T·莱森父子公司是一家金属加工分销服务商，业务覆盖美国、墨西哥、加拿大与中国。公司创立于1842年，总部位于芝加哥，在全球约100个网点拥有约4200名员工，是金属流通领域资历深厚的专业服务商。
BF.B vs RYI — 直观对比
营收规模更大
RYI
是对方的1.1倍
$1.0B
营收增速更快
RYI
高出15.1%
-5.4%
净利率更高
BF.B
高出25.1%
-3.4%
自由现金流更多
BF.B
多$15.1M
$91.9M
两年增速更快
BF.B
近两年复合增速
-5.6%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.1B |
| 净利润 | $224.0M | $-37.9M |
| 毛利率 | 59.4% | 15.3% |
| 营业利润率 | 29.4% | -3.4% |
| 净利率 | 21.6% | -3.4% |
| 营收同比 | -5.4% | 9.7% |
| 净利润同比 | -13.2% | -781.4% |
| 每股收益（稀释后） | $0.47 | $-1.18 |
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.BRYI
| Q4 25 | $1.0B | $1.1B | ||
| Q3 25 | $924.0M | $1.2B | ||
| Q2 25 | $894.0M | $1.2B | ||
| Q1 25 | $1.0B | $1.1B | ||
| Q4 24 | $1.1B | $1.0B | ||
| Q3 24 | $951.0M | $1.1B | ||
| Q2 24 | $964.0M | $1.2B | ||
| Q1 24 | $1.1B | $1.2B |
净利润BF.BRYI
| Q4 25 | $224.0M | $-37.9M | ||
| Q3 25 | $170.0M | $-14.8M | ||
| Q2 25 | $146.0M | $1.9M | ||
| Q1 25 | $270.0M | $-5.6M | ||
| Q4 24 | $258.0M | $-4.3M | ||
| Q3 24 | $195.0M | $-6.6M | ||
| Q2 24 | $266.0M | $9.9M | ||
| Q1 24 | $285.0M | $-7.6M |
毛利率BF.BRYI
| Q4 25 | 59.4% | 15.3% | ||
| Q3 25 | 59.7% | 17.2% | ||
| Q2 25 | 57.4% | 17.9% | ||
| Q1 25 | 59.8% | 18.0% | ||
| Q4 24 | 59.0% | 19.0% | ||
| Q3 24 | 59.4% | 17.9% | ||
| Q2 24 | 59.0% | 18.2% | ||
| Q1 24 | 59.4% | 17.6% |
营业利润率BF.BRYI
| Q4 25 | 29.4% | -3.4% | ||
| Q3 25 | 28.1% | -0.1% | ||
| Q2 25 | 22.9% | 0.5% | ||
| Q1 25 | 27.1% | 0.2% | ||
| Q4 24 | 31.1% | 0.3% | ||
| Q3 24 | 29.5% | 0.5% | ||
| Q2 24 | 38.9% | 1.9% | ||
| Q1 24 | 34.9% | 0.1% |
净利率BF.BRYI
| Q4 25 | 21.6% | -3.4% | ||
| Q3 25 | 18.4% | -1.3% | ||
| Q2 25 | 16.3% | 0.2% | ||
| Q1 25 | 26.1% | -0.5% | ||
| Q4 24 | 23.6% | -0.4% | ||
| Q3 24 | 20.5% | -0.6% | ||
| Q2 24 | 27.6% | 0.8% | ||
| Q1 24 | 26.7% | -0.6% |
每股收益（稀释后）BF.BRYI
| Q4 25 | $0.47 | $-1.18 | ||
| Q3 25 | $0.36 | $-0.46 | ||
| Q2 25 | $0.31 | $0.06 | ||
| Q1 25 | $0.57 | $-0.18 | ||
| Q4 24 | $0.55 | $-0.13 | ||
| Q3 24 | $0.41 | $-0.20 | ||
| Q2 24 | $0.56 | $0.29 | ||
| Q1 24 | $0.60 | $-0.22 |
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 | $26.9M |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $4.1B | $753.1M |
| 总资产 | $8.2B | $2.4B |
| 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.BRYI
| Q4 25 | $319.0M | $26.9M | ||
| Q3 25 | $471.0M | $29.8M | ||
| Q2 25 | $444.0M | $30.8M | ||
| Q1 25 | $599.0M | $33.6M | ||
| Q4 24 | $416.0M | $27.7M | ||
| Q3 24 | $416.0M | $35.0M | ||
| Q2 24 | $446.0M | $28.0M | ||
| Q1 24 | $589.0M | $41.9M |
总债务BF.BRYI
| 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.BRYI
| Q4 25 | $4.1B | $753.1M | ||
| Q3 25 | $4.0B | $787.3M | ||
| Q2 25 | $4.0B | $811.5M | ||
| Q1 25 | $3.8B | $803.9M | ||
| Q4 24 | $3.7B | $815.3M | ||
| Q3 24 | $3.5B | $832.9M | ||
| Q2 24 | $3.5B | $877.9M | ||
| Q1 24 | $3.2B | $888.5M |
总资产BF.BRYI
| Q4 25 | $8.2B | $2.4B | ||
| Q3 25 | $8.2B | $2.5B | ||
| Q2 25 | $8.1B | $2.5B | ||
| Q1 25 | $8.1B | $2.5B | ||
| Q4 24 | $8.3B | $2.4B | ||
| Q3 24 | $8.2B | $2.5B | ||
| Q2 24 | $8.2B | $2.6B | ||
| Q1 24 | $8.2B | $2.7B |
负债/权益比BF.BRYI
| 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 | $112.7M |
| 自由现金流经营现金流 - 资本支出 | $107.0M | $91.9M |
| 自由现金流率自由现金流/营收 | 10.3% | 8.3% |
| 资本支出强度资本支出/营收 | 2.4% | 1.9% |
| 现金转化率经营现金流/净利润 | 0.59× | — |
| 过去12个月自由现金流最近4个季度 | $610.0M | $35.5M |
8季度趋势，按日历期对齐
经营现金流BF.BRYI
| Q4 25 | $132.0M | $112.7M | ||
| Q3 25 | $160.0M | $-8.3M | ||
| Q2 25 | $152.0M | $23.8M | ||
| Q1 25 | $317.0M | $-41.2M | ||
| Q4 24 | $112.0M | $92.2M | ||
| Q3 24 | $17.0M | $134.6M | ||
| Q2 24 | $285.0M | $25.9M | ||
| Q1 24 | $265.0M | $-47.8M |
自由现金流BF.BRYI
| Q4 25 | $107.0M | $91.9M | ||
| Q3 25 | $129.0M | $-21.1M | ||
| Q2 25 | $102.0M | $13.9M | ||
| Q1 25 | $272.0M | $-49.2M | ||
| Q4 24 | $81.0M | $68.7M | ||
| Q3 24 | $-24.0M | $103.0M | ||
| Q2 24 | $205.0M | $3.2M | ||
| Q1 24 | $196.0M | $-69.6M |
自由现金流率BF.BRYI
| Q4 25 | 10.3% | 8.3% | ||
| Q3 25 | 14.0% | -1.8% | ||
| Q2 25 | 11.4% | 1.2% | ||
| Q1 25 | 26.3% | -4.3% | ||
| Q4 24 | 7.4% | 6.8% | ||
| Q3 24 | -2.5% | 9.1% | ||
| Q2 24 | 21.3% | 0.3% | ||
| Q1 24 | 18.3% | -5.6% |
资本支出强度BF.BRYI
| Q4 25 | 2.4% | 1.9% | ||
| Q3 25 | 3.4% | 1.1% | ||
| Q2 25 | 5.6% | 0.8% | ||
| Q1 25 | 4.3% | 0.7% | ||
| Q4 24 | 2.8% | 2.3% | ||
| Q3 24 | 4.3% | 2.8% | ||
| Q2 24 | 8.3% | 1.9% | ||
| Q1 24 | 6.5% | 1.8% |
现金转化率BF.BRYI
| Q4 25 | 0.59× | — | ||
| Q3 25 | 0.94× | — | ||
| Q2 25 | 1.04× | 12.53× | ||
| Q1 25 | 1.17× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 0.09× | — | ||
| Q2 24 | 1.07× | 2.62× | ||
| 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% |
RYI
| US | $988.3M | 89% |
| Non Us | $116.5M | 11% |
