vs
邦吉（BG）与FARMER BROTHERS CO（FARM）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FARMER BROTHERS CO的55.0倍（$4.9B vs $88.9M）。邦吉净利率更高（1.9% vs -5.5%，领先7.4%）。邦吉同比增速更快（22.2% vs -1.2%）。邦吉自由现金流更多（$809.0M vs $-2.6M）。过去两年邦吉的营收复合增速更高（11.3% vs 2.1%）
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。
Farmer Bros. Co.是一家总部位于美国得克萨斯州沃斯堡的餐饮服务企业，主打咖啡与茶类产品的生产分销，同时还供应约300种餐厅及其他经营场所所需的餐饮配套用品，目前由约翰·摩尔担任公司首席执行官兼总裁。
BG vs FARM — 直观对比
营收规模更大
BG
是对方的55.0倍
$88.9M
营收增速更快
BG
高出23.4%
-1.2%
净利率更高
BG
高出7.4%
-5.5%
自由现金流更多
BG
多$811.6M
$-2.6M
两年增速更快
BG
近两年复合增速
2.1%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $88.9M |
| 净利润 | $95.0M | $-4.9M |
| 毛利率 | 20.7% | 36.3% |
| 营业利润率 | 1.8% | -4.7% |
| 净利率 | 1.9% | -5.5% |
| 营收同比 | 22.2% | -1.2% |
| 净利润同比 | -84.2% | -2417.1% |
| 每股收益（稀释后） | $-0.02 | $-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BGFARM
| Q4 25 | $4.9B | $88.9M | ||
| Q3 25 | $4.4B | $81.6M | ||
| Q2 25 | $4.0B | $85.1M | ||
| Q1 25 | $3.7B | $82.1M | ||
| Q4 24 | $4.0B | $90.0M | ||
| Q3 24 | $3.9B | $85.1M | ||
| Q2 24 | $3.7B | $84.4M | ||
| Q1 24 | $3.9B | $85.4M |
净利润BGFARM
| Q4 25 | $95.0M | $-4.9M | ||
| Q3 25 | $166.0M | $-4.0M | ||
| Q2 25 | $354.0M | $-4.7M | ||
| Q1 25 | $201.0M | $-5.0M | ||
| Q4 24 | $602.0M | $210.0K | ||
| Q3 24 | $221.0M | $-5.0M | ||
| Q2 24 | $70.0M | $-4.6M | ||
| Q1 24 | $244.0M | $-682.0K |
毛利率BGFARM
| Q4 25 | 20.7% | 36.3% | ||
| Q3 25 | 24.3% | 39.7% | ||
| Q2 25 | 18.4% | 44.9% | ||
| Q1 25 | 16.3% | 42.1% | ||
| Q4 24 | 27.0% | 43.1% | ||
| Q3 24 | 19.9% | 43.9% | ||
| Q2 24 | 17.8% | 38.8% | ||
| Q1 24 | 22.2% | 40.1% |
营业利润率BGFARM
| Q4 25 | 1.8% | -4.7% | ||
| Q3 25 | 6.2% | -3.9% | ||
| Q2 25 | 12.3% | 4.6% | ||
| Q1 25 | 7.8% | -4.3% | ||
| Q4 24 | 18.3% | 1.1% | ||
| Q3 24 | 8.3% | -3.3% | ||
| Q2 24 | 2.8% | -4.9% | ||
| Q1 24 | 9.4% | -0.5% |
净利率BGFARM
| Q4 25 | 1.9% | -5.5% | ||
| Q3 25 | 3.8% | -4.9% | ||
| Q2 25 | 8.8% | -5.6% | ||
| Q1 25 | 5.5% | -6.1% | ||
| Q4 24 | 15.0% | 0.2% | ||
| Q3 24 | 5.7% | -5.9% | ||
| Q2 24 | 1.9% | -5.4% | ||
| Q1 24 | 6.2% | -0.8% |
每股收益（稀释后）BGFARM
| Q4 25 | $-0.02 | $-0.22 | ||
| Q3 25 | $0.84 | $-0.19 | ||
| Q2 25 | $2.61 | $-0.22 | ||
| Q1 25 | $1.48 | $-0.23 | ||
| Q4 24 | $4.27 | $0.01 | ||
| Q3 24 | $1.56 | $-0.24 | ||
| Q2 24 | $0.48 | $-0.23 | ||
| Q1 24 | $1.68 | $-0.03 |
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 | $4.2M |
| 总债务越低越好 | $10.2B | — |
| 股东权益账面价值 | $15.9B | $35.7M |
| 总资产 | $44.5B | $151.4M |
| 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BGFARM
| Q4 25 | $2.0B | $4.2M | ||
| Q3 25 | $3.2B | $3.8M | ||
| Q2 25 | $7.1B | $6.8M | ||
| Q1 25 | $3.9B | $4.1M | ||
| Q4 24 | $3.8B | $5.5M | ||
| Q3 24 | $3.0B | $3.3M | ||
| Q2 24 | $1.3B | $5.8M | ||
| Q1 24 | $3.1B | $5.5M |
总债务BGFARM
| Q4 25 | $10.2B | — | ||
| Q3 25 | $11.1B | — | ||
| Q2 25 | $7.7B | — | ||
| Q1 25 | $5.4B | — | ||
| Q4 24 | $5.4B | — | ||
| Q3 24 | $5.4B | — | ||
| Q2 24 | $4.1B | — | ||
| Q1 24 | $4.1B | — |
股东权益BGFARM
| Q4 25 | $15.9B | $35.7M | ||
| Q3 25 | $15.8B | $40.0M | ||
| Q2 25 | $10.9B | $43.5M | ||
| Q1 25 | $10.6B | $37.3M | ||
| Q4 24 | $9.9B | $41.5M | ||
| Q3 24 | $10.1B | $40.9M | ||
| Q2 24 | $10.0B | $45.5M | ||
| Q1 24 | $10.6B | $43.1M |
总资产BGFARM
| Q4 25 | $44.5B | $151.4M | ||
| Q3 25 | $46.3B | $158.8M | ||
| Q2 25 | $31.2B | $161.2M | ||
| Q1 25 | $26.7B | $163.2M | ||
| Q4 24 | $24.9B | $179.1M | ||
| Q3 24 | $25.3B | $182.0M | ||
| Q2 24 | $24.4B | $185.2M | ||
| Q1 24 | $25.8B | $179.1M |
负债/权益比BGFARM
| 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 | $-786.0K |
| 自由现金流经营现金流 - 资本支出 | $809.0M | $-2.6M |
| 自由现金流率自由现金流/营收 | 16.6% | -2.9% |
| 资本支出强度资本支出/营收 | 11.0% | 2.1% |
| 现金转化率经营现金流/净利润 | 14.18× | — |
| 过去12个月自由现金流最近4个季度 | $-879.0M | — |
8季度趋势，按日历期对齐
经营现金流BGFARM
| Q4 25 | $1.3B | $-786.0K | ||
| Q3 25 | $854.0M | $-5.0M | ||
| Q2 25 | $-1.1B | $9.7M | ||
| Q1 25 | $-285.0M | $1.3M | ||
| Q4 24 | $1.1B | $2.6M | ||
| Q3 24 | $1.3B | $2.5M | ||
| Q2 24 | $-1.5B | $-995.0K | ||
| Q1 24 | $994.0M | $-2.3M |
自由现金流BGFARM
| Q4 25 | $809.0M | $-2.6M | ||
| Q3 25 | $385.0M | $-6.9M | ||
| Q2 25 | $-1.5B | — | ||
| Q1 25 | $-595.0M | $-684.0K | ||
| Q4 24 | $564.0M | $521.0K | ||
| Q3 24 | $973.0M | $-837.0K | ||
| Q2 24 | $-1.8B | — | ||
| Q1 24 | $758.0M | $-5.7M |
自由现金流率BGFARM
| Q4 25 | 16.6% | -2.9% | ||
| Q3 25 | 8.8% | -8.5% | ||
| Q2 25 | -36.8% | — | ||
| Q1 25 | -16.2% | -0.8% | ||
| Q4 24 | 14.1% | 0.6% | ||
| Q3 24 | 25.1% | -1.0% | ||
| Q2 24 | -47.4% | — | ||
| Q1 24 | 19.2% | -6.7% |
资本支出强度BGFARM
| Q4 25 | 11.0% | 2.1% | ||
| Q3 25 | 10.7% | 2.4% | ||
| Q2 25 | 10.1% | — | ||
| Q1 25 | 8.5% | 2.4% | ||
| Q4 24 | 12.2% | 2.3% | ||
| Q3 24 | 9.1% | 3.9% | ||
| Q2 24 | 8.0% | — | ||
| Q1 24 | 6.0% | 4.0% |
现金转化率BGFARM
| Q4 25 | 14.18× | — | ||
| Q3 25 | 5.14× | — | ||
| Q2 25 | -3.03× | — | ||
| Q1 25 | -1.42× | — | ||
| Q4 24 | 1.75× | 12.16× | ||
| Q3 24 | 6.00× | — | ||
| Q2 24 | -21.06× | — | ||
| Q1 24 | 4.07× | — |
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% |
FARM
| Coffee Roasted | $45.5M | 51% |
| Tea Iced Hot | $23.3M | 26% |
| Culinary | $14.1M | 16% |
| Spice | $4.9M | 5% |
| Fuel Surcharge | $1.2M | 1% |
