vs
邦吉（BG）与摩森康胜饮品公司（TAP）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摩森康胜饮品公司的1.6倍（$4.9B vs $3.1B）。摩森康胜饮品公司净利率更高（7.6% vs 1.9%，领先5.7%）。邦吉同比增速更快（22.2% vs -3.6%）。邦吉自由现金流更多（$809.0M vs $357.8M）。过去两年邦吉的营收复合增速更高（11.3% vs 1.2%）
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。
摩森康胜饮品公司是一家美加合资的跨国饮料酿造企业，旗下拥有多款知名酒精及非酒精饮品产品线，业务覆盖全球多个国家和地区，目前在伊利诺伊州芝加哥与魁北克省蒙特利尔设有双总部。
BG vs TAP — 直观对比
营收规模更大
BG
是对方的1.6倍
$3.1B
营收增速更快
BG
高出25.8%
-3.6%
净利率更高
TAP
高出5.7%
1.9%
自由现金流更多
BG
多$451.2M
$357.8M
两年增速更快
BG
近两年复合增速
1.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $3.1B |
| 净利润 | $95.0M | $238.3M |
| 毛利率 | 20.7% | 31.0% |
| 营业利润率 | 1.8% | 10.4% |
| 净利率 | 1.9% | 7.6% |
| 营收同比 | 22.2% | -3.6% |
| 净利润同比 | -84.2% | -17.2% |
| 每股收益（稀释后） | $-0.02 | $1.32 |
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BGTAP
| Q4 25 | $4.9B | $3.1B | ||
| Q3 25 | $4.4B | $3.5B | ||
| Q2 25 | $4.0B | $3.7B | ||
| Q1 25 | $3.7B | $2.7B | ||
| Q4 24 | $4.0B | $3.2B | ||
| Q3 24 | $3.9B | $3.6B | ||
| Q2 24 | $3.7B | $3.8B | ||
| Q1 24 | $3.9B | $3.0B |
净利润BGTAP
| Q4 25 | $95.0M | $238.3M | ||
| Q3 25 | $166.0M | $-2.9B | ||
| Q2 25 | $354.0M | $428.7M | ||
| Q1 25 | $201.0M | $121.0M | ||
| Q4 24 | $602.0M | $287.8M | ||
| Q3 24 | $221.0M | $199.8M | ||
| Q2 24 | $70.0M | $427.0M | ||
| Q1 24 | $244.0M | $207.8M |
毛利率BGTAP
| Q4 25 | 20.7% | 31.0% | ||
| Q3 25 | 24.3% | 33.7% | ||
| Q2 25 | 18.4% | 34.3% | ||
| Q1 25 | 16.3% | 31.6% | ||
| Q4 24 | 27.0% | 32.0% | ||
| Q3 24 | 19.9% | 33.4% | ||
| Q2 24 | 17.8% | 34.6% | ||
| Q1 24 | 22.2% | 31.6% |
营业利润率BGTAP
| Q4 25 | 1.8% | 10.4% | ||
| Q3 25 | 6.2% | -98.5% | ||
| Q2 25 | 12.3% | 15.6% | ||
| Q1 25 | 7.8% | 6.9% | ||
| Q4 24 | 18.3% | 12.0% | ||
| Q3 24 | 8.3% | 12.5% | ||
| Q2 24 | 2.8% | 15.6% | ||
| Q1 24 | 9.4% | 10.3% |
净利率BGTAP
| Q4 25 | 1.9% | 7.6% | ||
| Q3 25 | 3.8% | -84.0% | ||
| Q2 25 | 8.8% | 11.5% | ||
| Q1 25 | 5.5% | 4.5% | ||
| Q4 24 | 15.0% | 8.9% | ||
| Q3 24 | 5.7% | 5.5% | ||
| Q2 24 | 1.9% | 11.1% | ||
| Q1 24 | 6.2% | 6.8% |
每股收益（稀释后）BGTAP
| Q4 25 | $-0.02 | $1.32 | ||
| Q3 25 | $0.84 | $-14.79 | ||
| Q2 25 | $2.61 | $2.13 | ||
| Q1 25 | $1.48 | $0.59 | ||
| Q4 24 | $4.27 | $1.39 | ||
| Q3 24 | $1.56 | $0.96 | ||
| Q2 24 | $0.48 | $2.03 | ||
| Q1 24 | $1.68 | $0.97 |
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 | $896.5M |
| 总债务越低越好 | $10.2B | $6.3B |
| 股东权益账面价值 | $15.9B | $10.2B |
| 总资产 | $44.5B | $22.7B |
| 负债/权益比越低杠杆越低 | 0.64× | 0.61× |
8季度趋势，按日历期对齐
现金及短期投资BGTAP
| Q4 25 | $2.0B | $896.5M | ||
| Q3 25 | $3.2B | $950.2M | ||
| Q2 25 | $7.1B | $613.8M | ||
| Q1 25 | $3.9B | $412.7M | ||
| Q4 24 | $3.8B | $969.3M | ||
| Q3 24 | $3.0B | $1.0B | ||
| Q2 24 | $1.3B | $1.6B | ||
| Q1 24 | $3.1B | $458.4M |
总债务BGTAP
| Q4 25 | $10.2B | $6.3B | ||
| Q3 25 | $11.1B | $6.3B | ||
| Q2 25 | $7.7B | $6.3B | ||
| Q1 25 | $5.4B | $6.2B | ||
| Q4 24 | $5.4B | $6.1B | ||
| Q3 24 | $5.4B | $6.2B | ||
| Q2 24 | $4.1B | $7.0B | ||
| Q1 24 | $4.1B | $6.2B |
股东权益BGTAP
| Q4 25 | $15.9B | $10.2B | ||
| Q3 25 | $15.8B | $10.3B | ||
| Q2 25 | $10.9B | $13.4B | ||
| Q1 25 | $10.6B | $13.1B | ||
| Q4 24 | $9.9B | $13.1B | ||
| Q3 24 | $10.1B | $13.3B | ||
| Q2 24 | $10.0B | $13.2B | ||
| Q1 24 | $10.6B | $13.1B |
总资产BGTAP
| Q4 25 | $44.5B | $22.7B | ||
| Q3 25 | $46.3B | $22.9B | ||
| Q2 25 | $31.2B | $26.8B | ||
| Q1 25 | $26.7B | $25.9B | ||
| Q4 24 | $24.9B | $26.1B | ||
| Q3 24 | $25.3B | $26.6B | ||
| Q2 24 | $24.4B | $27.4B | ||
| Q1 24 | $25.8B | $26.1B |
负债/权益比BGTAP
| Q4 25 | 0.64× | 0.61× | ||
| Q3 25 | 0.71× | 0.61× | ||
| Q2 25 | 0.71× | 0.47× | ||
| Q1 25 | 0.51× | 0.47× | ||
| Q4 24 | 0.54× | 0.47× | ||
| Q3 24 | 0.54× | 0.47× | ||
| Q2 24 | 0.41× | 0.53× | ||
| Q1 24 | 0.39× | 0.47× |
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 | $540.7M |
| 自由现金流经营现金流 - 资本支出 | $809.0M | $357.8M |
| 自由现金流率自由现金流/营收 | 16.6% | 11.4% |
| 资本支出强度资本支出/营收 | 11.0% | 5.9% |
| 现金转化率经营现金流/净利润 | 14.18× | 2.27× |
| 过去12个月自由现金流最近4个季度 | $-879.0M | $1.1B |
8季度趋势，按日历期对齐
经营现金流BGTAP
| Q4 25 | $1.3B | $540.7M | ||
| Q3 25 | $854.0M | $616.1M | ||
| Q2 25 | $-1.1B | $718.3M | ||
| Q1 25 | $-285.0M | $-90.7M | ||
| Q4 24 | $1.1B | $494.5M | ||
| Q3 24 | $1.3B | $521.2M | ||
| Q2 24 | $-1.5B | $869.2M | ||
| Q1 24 | $994.0M | $25.4M |
自由现金流BGTAP
| Q4 25 | $809.0M | $357.8M | ||
| Q3 25 | $385.0M | $483.0M | ||
| Q2 25 | $-1.5B | $555.0M | ||
| Q1 25 | $-595.0M | $-328.0M | ||
| Q4 24 | $564.0M | $383.4M | ||
| Q3 24 | $973.0M | $350.4M | ||
| Q2 24 | $-1.8B | $691.7M | ||
| Q1 24 | $758.0M | $-189.3M |
自由现金流率BGTAP
| Q4 25 | 16.6% | 11.4% | ||
| Q3 25 | 8.8% | 13.9% | ||
| Q2 25 | -36.8% | 14.8% | ||
| Q1 25 | -16.2% | -12.2% | ||
| Q4 24 | 14.1% | 11.8% | ||
| Q3 24 | 25.1% | 9.7% | ||
| Q2 24 | -47.4% | 18.0% | ||
| Q1 24 | 19.2% | -6.2% |
资本支出强度BGTAP
| Q4 25 | 11.0% | 5.9% | ||
| Q3 25 | 10.7% | 3.8% | ||
| Q2 25 | 10.1% | 4.4% | ||
| Q1 25 | 8.5% | 8.8% | ||
| Q4 24 | 12.2% | 3.4% | ||
| Q3 24 | 9.1% | 4.7% | ||
| Q2 24 | 8.0% | 4.6% | ||
| Q1 24 | 6.0% | 7.0% |
现金转化率BGTAP
| Q4 25 | 14.18× | 2.27× | ||
| Q3 25 | 5.14× | — | ||
| Q2 25 | -3.03× | 1.68× | ||
| Q1 25 | -1.42× | -0.75× | ||
| Q4 24 | 1.75× | 1.72× | ||
| Q3 24 | 6.00× | 2.61× | ||
| Q2 24 | -21.06× | 2.04× | ||
| Q1 24 | 4.07× | 0.12× |
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% |
TAP
暂无分部数据
