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邦吉（BG）与BELLRING BRANDS, INC.（BRBR）财务数据对比。点击上方公司名可切换其他公司
邦吉的季度营收约是BELLRING BRANDS, INC.的9.1倍（$4.9B vs $537.3M）。BELLRING BRANDS, INC.净利率更高（8.1% vs 1.9%，领先6.2%）。邦吉同比增速更快（22.2% vs 0.8%）。邦吉自由现金流更多（$809.0M vs $-7.3M）。过去两年邦吉的营收复合增速更高（11.3% vs 4.2%）
邦吉（Bunge Global）是全球知名的农业与食品企业，注册地位于瑞士日内瓦，总部设在美国密苏里州圣路易斯市，业务覆盖农产品生产、加工、贸易及食品供应链服务等多个领域，在全球农业产业中拥有较高的市场地位。
Bellring Brands是一家知名营养食品企业，研发、生产及销售蛋白饮料、蛋白棒、蛋白粉等功能性营养产品，旗下拥有Premier Protein、Dymatize等知名品牌，主要面向北美市场的健康及运动爱好者，通过零售、电商等多渠道发售。
BG vs BRBR — 直观对比
营收规模更大
BG
是对方的9.1倍
$537.3M
营收增速更快
BG
高出21.3%
0.8%
净利率更高
BRBR
高出6.2%
1.9%
自由现金流更多
BG
多$816.3M
$-7.3M
两年增速更快
BG
近两年复合增速
4.2%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $537.3M |
| 净利润 | $95.0M | $43.7M |
| 毛利率 | 20.7% | 29.9% |
| 营业利润率 | 1.8% | 14.6% |
| 净利率 | 1.9% | 8.1% |
| 营收同比 | 22.2% | 0.8% |
| 净利润同比 | -84.2% | -43.2% |
| 每股收益（稀释后） | $-0.02 | $0.36 |
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BGBRBR
| Q4 25 | $4.9B | $537.3M | ||
| Q3 25 | $4.4B | $648.2M | ||
| Q2 25 | $4.0B | $547.5M | ||
| Q1 25 | $3.7B | $588.0M | ||
| Q4 24 | $4.0B | $532.9M | ||
| Q3 24 | $3.9B | $555.8M | ||
| Q2 24 | $3.7B | $515.4M | ||
| Q1 24 | $3.9B | $494.6M |
净利润BGBRBR
| Q4 25 | $95.0M | $43.7M | ||
| Q3 25 | $166.0M | $59.6M | ||
| Q2 25 | $354.0M | $21.0M | ||
| Q1 25 | $201.0M | $58.7M | ||
| Q4 24 | $602.0M | $76.9M | ||
| Q3 24 | $221.0M | $71.7M | ||
| Q2 24 | $70.0M | $73.7M | ||
| Q1 24 | $244.0M | $57.2M |
毛利率BGBRBR
| Q4 25 | 20.7% | 29.9% | ||
| Q3 25 | 24.3% | 28.9% | ||
| Q2 25 | 18.4% | 35.4% | ||
| Q1 25 | 16.3% | 32.3% | ||
| Q4 24 | 27.0% | 37.5% | ||
| Q3 24 | 19.9% | 36.9% | ||
| Q2 24 | 17.8% | 36.8% | ||
| Q1 24 | 22.2% | 33.2% |
营业利润率BGBRBR
| Q4 25 | 1.8% | 14.6% | ||
| Q3 25 | 6.2% | 15.8% | ||
| Q2 25 | 12.3% | 8.2% | ||
| Q1 25 | 7.8% | 16.2% | ||
| Q4 24 | 18.3% | 21.6% | ||
| Q3 24 | 8.3% | 20.2% | ||
| Q2 24 | 2.8% | 21.7% | ||
| Q1 24 | 9.4% | 18.4% |
净利率BGBRBR
| Q4 25 | 1.9% | 8.1% | ||
| Q3 25 | 3.8% | 9.2% | ||
| Q2 25 | 8.8% | 3.8% | ||
| Q1 25 | 5.5% | 10.0% | ||
| Q4 24 | 15.0% | 14.4% | ||
| Q3 24 | 5.7% | 12.9% | ||
| Q2 24 | 1.9% | 14.3% | ||
| Q1 24 | 6.2% | 11.6% |
每股收益（稀释后）BGBRBR
| Q4 25 | $-0.02 | $0.36 | ||
| Q3 25 | $0.84 | $0.48 | ||
| Q2 25 | $2.61 | $0.16 | ||
| Q1 25 | $1.48 | $0.45 | ||
| Q4 24 | $4.27 | $0.59 | ||
| Q3 24 | $1.56 | $0.54 | ||
| Q2 24 | $0.48 | $0.56 | ||
| Q1 24 | $1.68 | $0.43 |
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 | $2.0B | $64.1M |
| 总债务越低越好 | $10.2B | $1.2B |
| 股东权益账面价值 | $15.9B | $-510.7M |
| 总资产 | $44.5B | $1.1B |
| 负债/权益比越低杠杆越低 | 0.64× | — |
8季度趋势，按日历期对齐
现金及短期投资BGBRBR
| Q4 25 | $2.0B | $64.1M | ||
| Q3 25 | $3.2B | $71.8M | ||
| Q2 25 | $7.1B | $43.7M | ||
| Q1 25 | $3.9B | $28.1M | ||
| Q4 24 | $3.8B | $49.6M | ||
| Q3 24 | $3.0B | $70.8M | ||
| Q2 24 | $1.3B | $72.6M | ||
| Q1 24 | $3.1B | $79.3M |
总债务BGBRBR
| Q4 25 | $10.2B | $1.2B | ||
| Q3 25 | $11.1B | $1.1B | ||
| Q2 25 | $7.7B | $1.0B | ||
| Q1 25 | $5.4B | $953.7M | ||
| Q4 24 | $5.4B | $833.4M | ||
| Q3 24 | $5.4B | $833.1M | ||
| Q2 24 | $4.1B | $832.7M | ||
| Q1 24 | $4.1B | $832.4M |
股东权益BGBRBR
| Q4 25 | $15.9B | $-510.7M | ||
| Q3 25 | $15.8B | $-453.9M | ||
| Q2 25 | $10.9B | $-309.9M | ||
| Q1 25 | $10.6B | $-254.1M | ||
| Q4 24 | $9.9B | $-146.6M | ||
| Q3 24 | $10.1B | $-205.9M | ||
| Q2 24 | $10.0B | $-243.2M | ||
| Q1 24 | $10.6B | $-247.7M |
总资产BGBRBR
| Q4 25 | $44.5B | $1.1B | ||
| Q3 25 | $46.3B | $941.0M | ||
| Q2 25 | $31.2B | $993.7M | ||
| Q1 25 | $26.7B | $947.5M | ||
| Q4 24 | $24.9B | $885.2M | ||
| Q3 24 | $25.3B | $837.0M | ||
| Q2 24 | $24.4B | $804.1M | ||
| Q1 24 | $25.8B | $765.0M |
负债/权益比BGBRBR
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.51× | — | ||
| Q4 24 | 0.54× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.41× | — | ||
| Q1 24 | 0.39× | — |
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 | $1.3B | $-3.1M |
| 自由现金流经营现金流 - 资本支出 | $809.0M | $-7.3M |
| 自由现金流率自由现金流/营收 | 16.6% | -1.4% |
| 资本支出强度资本支出/营收 | 11.0% | 0.8% |
| 现金转化率经营现金流/净利润 | 14.18× | -0.07× |
| 过去12个月自由现金流最近4个季度 | $-879.0M | $246.9M |
8季度趋势，按日历期对齐
经营现金流BGBRBR
| Q4 25 | $1.3B | $-3.1M | ||
| Q3 25 | $854.0M | $169.1M | ||
| Q2 25 | $-1.1B | $40.3M | ||
| Q1 25 | $-285.0M | $48.2M | ||
| Q4 24 | $1.1B | $3.0M | ||
| Q3 24 | $1.3B | $40.1M | ||
| Q2 24 | $-1.5B | $69.0M | ||
| Q1 24 | $994.0M | $16.3M |
自由现金流BGBRBR
| Q4 25 | $809.0M | $-7.3M | ||
| Q3 25 | $385.0M | $168.1M | ||
| Q2 25 | $-1.5B | $38.5M | ||
| Q1 25 | $-595.0M | $47.6M | ||
| Q4 24 | $564.0M | $1.7M | ||
| Q3 24 | $973.0M | $38.9M | ||
| Q2 24 | $-1.8B | $68.9M | ||
| Q1 24 | $758.0M | $16.0M |
自由现金流率BGBRBR
| Q4 25 | 16.6% | -1.4% | ||
| Q3 25 | 8.8% | 25.9% | ||
| Q2 25 | -36.8% | 7.0% | ||
| Q1 25 | -16.2% | 8.1% | ||
| Q4 24 | 14.1% | 0.3% | ||
| Q3 24 | 25.1% | 7.0% | ||
| Q2 24 | -47.4% | 13.4% | ||
| Q1 24 | 19.2% | 3.2% |
资本支出强度BGBRBR
| Q4 25 | 11.0% | 0.8% | ||
| Q3 25 | 10.7% | 0.2% | ||
| Q2 25 | 10.1% | 0.3% | ||
| Q1 25 | 8.5% | 0.1% | ||
| Q4 24 | 12.2% | 0.2% | ||
| Q3 24 | 9.1% | 0.2% | ||
| Q2 24 | 8.0% | 0.0% | ||
| Q1 24 | 6.0% | 0.1% |
现金转化率BGBRBR
| Q4 25 | 14.18× | -0.07× | ||
| Q3 25 | 5.14× | 2.84× | ||
| Q2 25 | -3.03× | 1.92× | ||
| Q1 25 | -1.42× | 0.82× | ||
| Q4 24 | 1.75× | 0.04× | ||
| Q3 24 | 6.00× | 0.56× | ||
| Q2 24 | -21.06× | 0.94× | ||
| Q1 24 | 4.07× | 0.28× |
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
BG
| Other Oilseeds Processing And Refining | $4.6B | 95% |
| Other | $251.0M | 5% |
| Other Products | $3.0M | 0% |
BRBR
| Shakesandotherbeverages | $432.4M | 80% |
| Powders | $92.1M | 17% |
| Other Products | $12.8M | 2% |
