vs
邦吉（BG）与PG&E Corporation（PCG）财务数据对比。点击上方公司名可切换其他公司
PG&E Corporation的季度营收约是邦吉的1.4倍（$6.9B vs $4.9B），PG&E Corporation净利率更高（12.9% vs 1.9%，领先10.9%），邦吉同比增速更快（22.2% vs 15.0%），过去两年邦吉的营收复合增速更高（11.3% vs 7.2%）
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。
PG&E Corporation是美国由投资者持有运营的公用事业企业，总部坐落于加利福尼亚州奥克兰市凯撒中心，为加州北部三分之二区域的520万户家庭提供天然气与电力供应服务，服务范围涵盖贝克斯菲尔德、圣巴巴拉县北部，几乎延伸至俄勒冈州与内华达州的州界。
BG vs PCG — 直观对比
营收规模更大
PCG
是对方的1.4倍
$4.9B
营收增速更快
BG
高出7.2%
15.0%
净利率更高
PCG
高出10.9%
1.9%
两年增速更快
BG
近两年复合增速
7.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $6.9B |
| 净利润 | $95.0M | $885.0M |
| 毛利率 | 20.7% | — |
| 营业利润率 | 1.8% | 21.4% |
| 净利率 | 1.9% | 12.9% |
| 营收同比 | 22.2% | 15.0% |
| 净利润同比 | -84.2% | 39.6% |
| 每股收益（稀释后） | $-0.02 | $0.39 |
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BGPCG
| Q1 26 | — | $6.9B | ||
| Q4 25 | $4.9B | $6.8B | ||
| Q3 25 | $4.4B | $6.3B | ||
| Q2 25 | $4.0B | $5.9B | ||
| Q1 25 | $3.7B | $6.0B | ||
| Q4 24 | $4.0B | $6.6B | ||
| Q3 24 | $3.9B | $5.9B | ||
| Q2 24 | $3.7B | $6.0B |
净利润BGPCG
| Q1 26 | — | $885.0M | ||
| Q4 25 | $95.0M | $670.0M | ||
| Q3 25 | $166.0M | $850.0M | ||
| Q2 25 | $354.0M | $549.0M | ||
| Q1 25 | $201.0M | $634.0M | ||
| Q4 24 | $602.0M | $674.0M | ||
| Q3 24 | $221.0M | $579.0M | ||
| Q2 24 | $70.0M | $524.0M |
毛利率BGPCG
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | — | ||
| Q3 25 | 24.3% | — | ||
| Q2 25 | 18.4% | — | ||
| Q1 25 | 16.3% | — | ||
| Q4 24 | 27.0% | — | ||
| Q3 24 | 19.9% | — | ||
| Q2 24 | 17.8% | — |
营业利润率BGPCG
| Q1 26 | — | 21.4% | ||
| Q4 25 | 1.8% | 18.0% | ||
| Q3 25 | 6.2% | 19.3% | ||
| Q2 25 | 12.3% | 18.6% | ||
| Q1 25 | 7.8% | 20.4% | ||
| Q4 24 | 18.3% | 15.4% | ||
| Q3 24 | 8.3% | 17.3% | ||
| Q2 24 | 2.8% | 18.9% |
净利率BGPCG
| Q1 26 | — | 12.9% | ||
| Q4 25 | 1.9% | 9.8% | ||
| Q3 25 | 3.8% | 13.6% | ||
| Q2 25 | 8.8% | 9.3% | ||
| Q1 25 | 5.5% | 10.6% | ||
| Q4 24 | 15.0% | 10.2% | ||
| Q3 24 | 5.7% | 9.7% | ||
| Q2 24 | 1.9% | 8.8% |
每股收益（稀释后）BGPCG
| Q1 26 | — | $0.39 | ||
| Q4 25 | $-0.02 | $0.29 | ||
| Q3 25 | $0.84 | $0.37 | ||
| Q2 25 | $2.61 | $0.24 | ||
| Q1 25 | $1.48 | $0.28 | ||
| Q4 24 | $4.27 | $0.30 | ||
| Q3 24 | $1.56 | $0.27 | ||
| Q2 24 | $0.48 | $0.24 |
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 | — |
| 总债务越低越好 | $10.2B | — |
| 股东权益账面价值 | $15.9B | — |
| 总资产 | $44.5B | — |
| 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BGPCG
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $713.0M | ||
| Q3 25 | $3.2B | $404.0M | ||
| Q2 25 | $7.1B | $494.0M | ||
| Q1 25 | $3.9B | $2.0B | ||
| Q4 24 | $3.8B | $940.0M | ||
| Q3 24 | $3.0B | $895.0M | ||
| Q2 24 | $1.3B | $1.3B |
总债务BGPCG
| Q1 26 | — | — | ||
| Q4 25 | $10.2B | $57.4B | ||
| Q3 25 | $11.1B | — | ||
| Q2 25 | $7.7B | — | ||
| Q1 25 | $5.4B | — | ||
| Q4 24 | $5.4B | $53.6B | ||
| Q3 24 | $5.4B | — | ||
| Q2 24 | $4.1B | — |
股东权益BGPCG
| Q1 26 | — | — | ||
| Q4 25 | $15.9B | $32.5B | ||
| Q3 25 | $15.8B | $32.0B | ||
| Q2 25 | $10.9B | $31.2B | ||
| Q1 25 | $10.6B | $30.7B | ||
| Q4 24 | $9.9B | $30.1B | ||
| Q3 24 | $10.1B | $26.8B | ||
| Q2 24 | $10.0B | $26.3B |
总资产BGPCG
| Q1 26 | — | — | ||
| Q4 25 | $44.5B | $141.6B | ||
| Q3 25 | $46.3B | $138.2B | ||
| Q2 25 | $31.2B | $136.4B | ||
| Q1 25 | $26.7B | $135.4B | ||
| Q4 24 | $24.9B | $133.7B | ||
| Q3 24 | $25.3B | $132.3B | ||
| Q2 24 | $24.4B | $130.8B |
负债/权益比BGPCG
| Q1 26 | — | — | ||
| Q4 25 | 0.64× | 1.76× | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.51× | — | ||
| Q4 24 | 0.54× | 1.78× | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.41× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $809.0M | — |
| 自由现金流率自由现金流/营收 | 16.6% | — |
| 资本支出强度资本支出/营收 | 11.0% | — |
| 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BGPCG
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $2.0B | ||
| Q3 25 | $854.0M | $2.9B | ||
| Q2 25 | $-1.1B | $1.1B | ||
| Q1 25 | $-285.0M | $2.8B | ||
| Q4 24 | $1.1B | $1.9B | ||
| Q3 24 | $1.3B | $3.1B | ||
| Q2 24 | $-1.5B | $711.0M |
自由现金流BGPCG
| Q1 26 | — | — | ||
| Q4 25 | $809.0M | $-1.2B | ||
| Q3 25 | $385.0M | $-80.0M | ||
| Q2 25 | $-1.5B | $-2.0B | ||
| Q1 25 | $-595.0M | $213.0M | ||
| Q4 24 | $564.0M | $-896.0M | ||
| Q3 24 | $973.0M | $526.0M | ||
| Q2 24 | $-1.8B | $-1.6B |
自由现金流率BGPCG
| Q1 26 | — | — | ||
| Q4 25 | 16.6% | -17.6% | ||
| Q3 25 | 8.8% | -1.3% | ||
| Q2 25 | -36.8% | -34.0% | ||
| Q1 25 | -16.2% | 3.6% | ||
| Q4 24 | 14.1% | -13.5% | ||
| Q3 24 | 25.1% | 8.9% | ||
| Q2 24 | -47.4% | -26.5% |
资本支出强度BGPCG
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 46.4% | ||
| Q3 25 | 10.7% | 46.9% | ||
| Q2 25 | 10.1% | 52.0% | ||
| Q1 25 | 8.5% | 44.0% | ||
| Q4 24 | 12.2% | 42.6% | ||
| Q3 24 | 9.1% | 43.8% | ||
| Q2 24 | 8.0% | 38.4% |
现金转化率BGPCG
| Q1 26 | — | — | ||
| Q4 25 | 14.18× | 2.93× | ||
| Q3 25 | 5.14× | 3.35× | ||
| Q2 25 | -3.03× | 1.93× | ||
| Q1 25 | -1.42× | 4.49× | ||
| Q4 24 | 1.75× | 2.87× | ||
| Q3 24 | 6.00× | 5.41× | ||
| Q2 24 | -21.06× | 1.36× |
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% |
PCG
| Electric | $5.0B | 72% |
| Other | $1.9B | 28% |
