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B&G Foods, Inc.（BGS）与MACERICH CO（MAC）财务数据对比。点击上方公司名可切换其他公司
B&G Foods, Inc.的季度营收约是MACERICH CO的1.7倍（$439.3M vs $261.7M），B&G Foods, Inc.净利率更高（-4.4% vs -7.2%，领先2.8%），MACERICH CO同比增速更快（-4.4% vs -4.7%），过去两年MACERICH CO的营收复合增速更高（12.0% vs -12.8%）
B&G Foods是总部位于美国新泽西州帕西帕尼的品牌食品控股企业，创立于1996年，成立初衷是收购1889年诞生于曼哈顿的酸黄瓜、调味酱及调味品生产商Bloch & Guggenheimer，如今在北美食品领域拥有众多知名品牌。
Macerich是一家专注于购物中心投资的房地产投资信托基金，为美国第三大购物中心持有及运营商。截至2024年12月31日，公司共持有43处物业的权益，可租赁总面积达4300万平方英尺，公司名称由创始人Mace Siegel与Richard Cohen的名字组合而来。
BGS vs MAC — 直观对比
营收规模更大
BGS
是对方的1.7倍
$261.7M
营收增速更快
MAC
高出0.3%
-4.7%
净利率更高
BGS
高出2.8%
-7.2%
两年增速更快
MAC
近两年复合增速
-12.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $439.3M | $261.7M |
| 净利润 | $-19.1M | $-18.8M |
| 毛利率 | 22.5% | — |
| 营业利润率 | 2.5% | — |
| 净利率 | -4.4% | -7.2% |
| 营收同比 | -4.7% | -4.4% |
| 净利润同比 | -356.5% | 91.1% |
| 每股收益（稀释后） | $-0.24 | $-0.08 |
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BGSMAC
| Q4 25 | — | $261.7M | ||
| Q3 25 | $439.3M | $253.3M | ||
| Q2 25 | $424.4M | $249.8M | ||
| Q1 25 | $425.4M | $249.2M | ||
| Q4 24 | $551.6M | $273.7M | ||
| Q3 24 | $461.1M | $220.2M | ||
| Q2 24 | $444.6M | $215.5M | ||
| Q1 24 | $475.2M | $208.8M |
净利润BGSMAC
| Q4 25 | — | $-18.8M | ||
| Q3 25 | $-19.1M | $-87.4M | ||
| Q2 25 | $-9.8M | $-40.9M | ||
| Q1 25 | $835.0K | $-50.1M | ||
| Q4 24 | $-222.4M | $-211.2M | ||
| Q3 24 | $7.5M | $-108.2M | ||
| Q2 24 | $3.9M | $252.0M | ||
| Q1 24 | $-40.2M | $-126.7M |
毛利率BGSMAC
| Q4 25 | — | — | ||
| Q3 25 | 22.5% | — | ||
| Q2 25 | 20.5% | — | ||
| Q1 25 | 21.2% | — | ||
| Q4 24 | 21.5% | — | ||
| Q3 24 | 22.2% | — | ||
| Q2 24 | 20.7% | — | ||
| Q1 24 | 22.9% | — |
营业利润率BGSMAC
| Q4 25 | — | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 5.2% | — | ||
| Q1 25 | 8.4% | — | ||
| Q4 24 | -46.6% | — | ||
| Q3 24 | 11.1% | — | ||
| Q2 24 | 9.9% | — | ||
| Q1 24 | -3.3% | — |
净利率BGSMAC
| Q4 25 | — | -7.2% | ||
| Q3 25 | -4.4% | -34.5% | ||
| Q2 25 | -2.3% | -16.4% | ||
| Q1 25 | 0.2% | -20.1% | ||
| Q4 24 | -40.3% | -77.2% | ||
| Q3 24 | 1.6% | -49.1% | ||
| Q2 24 | 0.9% | 116.9% | ||
| Q1 24 | -8.5% | -60.7% |
每股收益（稀释后）BGSMAC
| Q4 25 | — | $-0.08 | ||
| Q3 25 | $-0.24 | $-0.34 | ||
| Q2 25 | $-0.12 | $-0.16 | ||
| Q1 25 | $0.01 | $-0.20 | ||
| Q4 24 | $-2.81 | $-0.95 | ||
| Q3 24 | $0.09 | $-0.50 | ||
| Q2 24 | $0.05 | $1.16 | ||
| Q1 24 | $-0.51 | $-0.59 |
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 | $60.9M | $280.2M |
| 总债务越低越好 | $2.0B | $5.1B |
| 股东权益账面价值 | $470.7M | $2.4B |
| 总资产 | $2.9B | $8.4B |
| 负债/权益比越低杠杆越低 | 4.30× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资BGSMAC
| Q4 25 | — | $280.2M | ||
| Q3 25 | $60.9M | $290.2M | ||
| Q2 25 | $54.1M | $131.1M | ||
| Q1 25 | $61.2M | $253.2M | ||
| Q4 24 | $50.6M | $89.9M | ||
| Q3 24 | $54.7M | $116.5M | ||
| Q2 24 | $40.3M | $70.7M | ||
| Q1 24 | $42.5M | $120.1M |
总债务BGSMAC
| Q4 25 | — | $5.1B | ||
| Q3 25 | $2.0B | $5.1B | ||
| Q2 25 | $2.0B | $5.2B | ||
| Q1 25 | $2.0B | $5.2B | ||
| Q4 24 | $2.0B | $4.9B | ||
| Q3 24 | $2.1B | $4.3B | ||
| Q2 24 | $2.0B | $4.4B | ||
| Q1 24 | $2.0B | $4.1B |
股东权益BGSMAC
| Q4 25 | — | $2.4B | ||
| Q3 25 | $470.7M | $2.5B | ||
| Q2 25 | $501.4M | $2.6B | ||
| Q1 25 | $513.1M | $2.7B | ||
| Q4 24 | $524.8M | $2.8B | ||
| Q3 24 | $755.3M | $2.5B | ||
| Q2 24 | $765.0M | $2.5B | ||
| Q1 24 | $781.2M | $2.3B |
总资产BGSMAC
| Q4 25 | — | $8.4B | ||
| Q3 25 | $2.9B | $8.4B | ||
| Q2 25 | $2.9B | $8.7B | ||
| Q1 25 | $3.0B | $8.7B | ||
| Q4 24 | $3.0B | $8.6B | ||
| Q3 24 | $3.4B | $7.6B | ||
| Q2 24 | $3.4B | $7.8B | ||
| Q1 24 | $3.4B | $7.4B |
负债/权益比BGSMAC
| Q4 25 | — | 2.07× | ||
| Q3 25 | 4.30× | 2.02× | ||
| Q2 25 | 3.97× | 2.02× | ||
| Q1 25 | 3.91× | 1.96× | ||
| Q4 24 | 3.85× | 1.78× | ||
| Q3 24 | 2.75× | 1.73× | ||
| Q2 24 | 2.67× | 1.75× | ||
| Q1 24 | 2.61× | 1.79× |
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 | $-64.6M | $50.2M |
| 自由现金流经营现金流 - 资本支出 | $-70.7M | — |
| 自由现金流率自由现金流/营收 | -16.1% | — |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $54.8M | — |
8季度趋势，按日历期对齐
经营现金流BGSMAC
| Q4 25 | — | $50.2M | ||
| Q3 25 | $-64.6M | $112.4M | ||
| Q2 25 | $17.8M | $70.5M | ||
| Q1 25 | $52.7M | $88.5M | ||
| Q4 24 | $80.3M | $54.9M | ||
| Q3 24 | $4.2M | $100.0M | ||
| Q2 24 | $11.3M | $67.4M | ||
| Q1 24 | $35.1M | $61.1M |
自由现金流BGSMAC
| Q4 25 | — | — | ||
| Q3 25 | $-70.7M | — | ||
| Q2 25 | $11.5M | — | ||
| Q1 25 | $42.4M | — | ||
| Q4 24 | $71.7M | — | ||
| Q3 24 | $-679.0K | — | ||
| Q2 24 | $5.2M | — | ||
| Q1 24 | $27.5M | — |
自由现金流率BGSMAC
| Q4 25 | — | — | ||
| Q3 25 | -16.1% | — | ||
| Q2 25 | 2.7% | — | ||
| Q1 25 | 10.0% | — | ||
| Q4 24 | 13.0% | — | ||
| Q3 24 | -0.1% | — | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 5.8% | — |
资本支出强度BGSMAC
| Q4 25 | — | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 1.6% | — |
现金转化率BGSMAC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 63.17× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 2.87× | 0.27× | ||
| Q1 24 | — | — |
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
BGS
| Specialty Segment | $150.5M | 34% |
| Meals Segment | $110.0M | 25% |
| Spices And Flavor Solutions Segment | $101.4M | 23% |
| Frozen And Vegetables Segment | $77.4M | 18% |
MAC
暂无分部数据
