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邦吉（BG）与Freshpet, Inc.（FRPT）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Freshpet, Inc.的17.1倍（$4.9B vs $285.2M）。Freshpet, Inc.净利率更高（11.9% vs 1.9%，领先9.9%）。邦吉同比增速更快（22.2% vs 8.6%）。邦吉自由现金流更多（$809.0M vs $2.1M）。过去两年Freshpet, Inc.的营收复合增速更高（12.9% vs 11.3%）
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。
Freshpet, Inc.是一家美国宠物食品企业，主打鲜制猫粮、狗粮产品，相关产品需冷藏保存，目前在纳斯达克上市，股票代码为FRPT。
BG vs FRPT — 直观对比
营收规模更大
BG
是对方的17.1倍
$285.2M
营收增速更快
BG
高出13.6%
8.6%
净利率更高
FRPT
高出9.9%
1.9%
自由现金流更多
BG
多$806.9M
$2.1M
两年增速更快
FRPT
近两年复合增速
11.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $285.2M |
| 净利润 | $95.0M | $33.8M |
| 毛利率 | 20.7% | 43.3% |
| 营业利润率 | 1.8% | 15.6% |
| 净利率 | 1.9% | 11.9% |
| 营收同比 | 22.2% | 8.6% |
| 净利润同比 | -84.2% | 86.6% |
| 每股收益（稀释后） | $-0.02 | $0.71 |
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BGFRPT
| Q4 25 | $4.9B | $285.2M | ||
| Q3 25 | $4.4B | $288.8M | ||
| Q2 25 | $4.0B | $264.7M | ||
| Q1 25 | $3.7B | $263.2M | ||
| Q4 24 | $4.0B | $262.7M | ||
| Q3 24 | $3.9B | $253.4M | ||
| Q2 24 | $3.7B | $235.3M | ||
| Q1 24 | $3.9B | $223.8M |
净利润BGFRPT
| Q4 25 | $95.0M | $33.8M | ||
| Q3 25 | $166.0M | $101.7M | ||
| Q2 25 | $354.0M | $16.4M | ||
| Q1 25 | $201.0M | $-12.7M | ||
| Q4 24 | $602.0M | $18.1M | ||
| Q3 24 | $221.0M | $11.9M | ||
| Q2 24 | $70.0M | $-1.7M | ||
| Q1 24 | $244.0M | $18.6M |
毛利率BGFRPT
| Q4 25 | 20.7% | 43.3% | ||
| Q3 25 | 24.3% | 39.5% | ||
| Q2 25 | 18.4% | 40.9% | ||
| Q1 25 | 16.3% | 39.4% | ||
| Q4 24 | 27.0% | 42.5% | ||
| Q3 24 | 19.9% | 40.4% | ||
| Q2 24 | 17.8% | 39.9% | ||
| Q1 24 | 22.2% | 39.4% |
营业利润率BGFRPT
| Q4 25 | 1.8% | 15.6% | ||
| Q3 25 | 6.2% | 8.6% | ||
| Q2 25 | 12.3% | 6.7% | ||
| Q1 25 | 7.8% | -4.4% | ||
| Q4 24 | 18.3% | 7.4% | ||
| Q3 24 | 8.3% | 4.7% | ||
| Q2 24 | 2.8% | -0.7% | ||
| Q1 24 | 9.4% | 3.8% |
净利率BGFRPT
| Q4 25 | 1.9% | 11.9% | ||
| Q3 25 | 3.8% | 35.2% | ||
| Q2 25 | 8.8% | 6.2% | ||
| Q1 25 | 5.5% | -4.8% | ||
| Q4 24 | 15.0% | 6.9% | ||
| Q3 24 | 5.7% | 4.7% | ||
| Q2 24 | 1.9% | -0.7% | ||
| Q1 24 | 6.2% | 8.3% |
每股收益（稀释后）BGFRPT
| Q4 25 | $-0.02 | $0.71 | ||
| Q3 25 | $0.84 | $1.86 | ||
| Q2 25 | $2.61 | $0.33 | ||
| Q1 25 | $1.48 | $-0.26 | ||
| Q4 24 | $4.27 | $0.35 | ||
| Q3 24 | $1.56 | $0.24 | ||
| Q2 24 | $0.48 | $-0.03 | ||
| Q1 24 | $1.68 | $0.37 |
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 | $278.0M |
| 总债务越低越好 | $10.2B | — |
| 股东权益账面价值 | $15.9B | $1.2B |
| 总资产 | $44.5B | $1.8B |
| 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BGFRPT
| Q4 25 | $2.0B | $278.0M | ||
| Q3 25 | $3.2B | $274.6M | ||
| Q2 25 | $7.1B | $243.7M | ||
| Q1 25 | $3.9B | $243.7M | ||
| Q4 24 | $3.8B | $268.6M | ||
| Q3 24 | $3.0B | $274.6M | ||
| Q2 24 | $1.3B | $251.7M | ||
| Q1 24 | $3.1B | $257.9M |
总债务BGFRPT
| 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BGFRPT
| Q4 25 | $15.9B | $1.2B | ||
| Q3 25 | $15.8B | $1.2B | ||
| Q2 25 | $10.9B | $1.1B | ||
| Q1 25 | $10.6B | $1.0B | ||
| Q4 24 | $9.9B | $1.1B | ||
| Q3 24 | $10.1B | $1.0B | ||
| Q2 24 | $10.0B | $995.8M | ||
| Q1 24 | $10.6B | $977.8M |
总资产BGFRPT
| Q4 25 | $44.5B | $1.8B | ||
| Q3 25 | $46.3B | $1.7B | ||
| Q2 25 | $31.2B | $1.6B | ||
| Q1 25 | $26.7B | $1.6B | ||
| Q4 24 | $24.9B | $1.6B | ||
| Q3 24 | $25.3B | $1.5B | ||
| Q2 24 | $24.4B | $1.5B | ||
| Q1 24 | $25.8B | $1.5B |
负债/权益比BGFRPT
| 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 | $55.1M |
| 自由现金流经营现金流 - 资本支出 | $809.0M | $2.1M |
| 自由现金流率自由现金流/营收 | 16.6% | 0.7% |
| 资本支出强度资本支出/营收 | 11.0% | 18.6% |
| 现金转化率经营现金流/净利润 | 14.18× | 1.63× |
| 过去12个月自由现金流最近4个季度 | $-879.0M | $12.4M |
8季度趋势，按日历期对齐
经营现金流BGFRPT
| Q4 25 | $1.3B | $55.1M | ||
| Q3 25 | $854.0M | $66.8M | ||
| Q2 25 | $-1.1B | $33.9M | ||
| Q1 25 | $-285.0M | $4.8M | ||
| Q4 24 | $1.1B | $50.4M | ||
| Q3 24 | $1.3B | $56.1M | ||
| Q2 24 | $-1.5B | $42.4M | ||
| Q1 24 | $994.0M | $5.4M |
自由现金流BGFRPT
| Q4 25 | $809.0M | $2.1M | ||
| Q3 25 | $385.0M | $31.6M | ||
| Q2 25 | $-1.5B | $445.0K | ||
| Q1 25 | $-595.0M | $-21.7M | ||
| Q4 24 | $564.0M | $-7.9M | ||
| Q3 24 | $973.0M | $22.1M | ||
| Q2 24 | $-1.8B | $-5.9M | ||
| Q1 24 | $758.0M | $-41.1M |
自由现金流率BGFRPT
| Q4 25 | 16.6% | 0.7% | ||
| Q3 25 | 8.8% | 10.9% | ||
| Q2 25 | -36.8% | 0.2% | ||
| Q1 25 | -16.2% | -8.2% | ||
| Q4 24 | 14.1% | -3.0% | ||
| Q3 24 | 25.1% | 8.7% | ||
| Q2 24 | -47.4% | -2.5% | ||
| Q1 24 | 19.2% | -18.3% |
资本支出强度BGFRPT
| Q4 25 | 11.0% | 18.6% | ||
| Q3 25 | 10.7% | 12.2% | ||
| Q2 25 | 10.1% | 12.6% | ||
| Q1 25 | 8.5% | 10.1% | ||
| Q4 24 | 12.2% | 22.2% | ||
| Q3 24 | 9.1% | 13.4% | ||
| Q2 24 | 8.0% | 20.5% | ||
| Q1 24 | 6.0% | 20.8% |
现金转化率BGFRPT
| Q4 25 | 14.18× | 1.63× | ||
| Q3 25 | 5.14× | 0.66× | ||
| Q2 25 | -3.03× | 2.07× | ||
| Q1 25 | -1.42× | — | ||
| Q4 24 | 1.75× | 2.78× | ||
| Q3 24 | 6.00× | 4.72× | ||
| Q2 24 | -21.06× | — | ||
| Q1 24 | 4.07× | 0.29× |
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% |
FRPT
| Sales Channel Grocery Mass International And Digital | $228.4M | 80% |
| Sales Channel Pet Specialty And Club | $56.8M | 20% |
