vs
B&G Foods, Inc.（BGS）与PROCORE TECHNOLOGIES, INC.（PCOR）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PROCORE TECHNOLOGIES, INC.的1.3倍（$439.3M vs $349.1M），B&G Foods, Inc.净利率更高（-4.4% vs -10.8%，领先6.4%），PROCORE TECHNOLOGIES, INC.同比增速更快（15.6% vs -4.7%），PROCORE TECHNOLOGIES, INC.自由现金流更多（$109.2M vs $-70.7M），过去两年PROCORE TECHNOLOGIES, INC.的营收复合增速更高（13.8% 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。
Procore Technologies是2002年成立的美国建筑管理软件即服务（SaaS）企业，总部位于加利福尼亚州卡平特里亚。公司打造的全球平台可连接建筑行业从业者，支持搭建简化工作流，统一展现建筑项目信息，覆盖任务追踪、项目流程管理、日程排期等核心功能。
BGS vs PCOR — 直观对比
营收规模更大
BGS
是对方的1.3倍
$349.1M
营收增速更快
PCOR
高出20.3%
-4.7%
净利率更高
BGS
高出6.4%
-10.8%
自由现金流更多
PCOR
多$180.0M
$-70.7M
两年增速更快
PCOR
近两年复合增速
-12.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $439.3M | $349.1M |
| 净利润 | $-19.1M | $-37.6M |
| 毛利率 | 22.5% | 80.1% |
| 营业利润率 | 2.5% | -12.3% |
| 净利率 | -4.4% | -10.8% |
| 营收同比 | -4.7% | 15.6% |
| 净利润同比 | -356.5% | 39.6% |
| 每股收益（稀释后） | $-0.24 | $-0.25 |
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BGSPCOR
| Q4 25 | — | $349.1M | ||
| Q3 25 | $439.3M | $338.9M | ||
| Q2 25 | $424.4M | $323.9M | ||
| Q1 25 | $425.4M | $310.6M | ||
| Q4 24 | $551.6M | $302.0M | ||
| Q3 24 | $461.1M | $295.9M | ||
| Q2 24 | $444.6M | $284.3M | ||
| Q1 24 | $475.2M | $269.4M |
净利润BGSPCOR
| Q4 25 | — | $-37.6M | ||
| Q3 25 | $-19.1M | $-9.1M | ||
| Q2 25 | $-9.8M | $-21.1M | ||
| Q1 25 | $835.0K | $-33.0M | ||
| Q4 24 | $-222.4M | $-62.3M | ||
| Q3 24 | $7.5M | $-26.4M | ||
| Q2 24 | $3.9M | $-6.3M | ||
| Q1 24 | $-40.2M | $-11.0M |
毛利率BGSPCOR
| Q4 25 | — | 80.1% | ||
| Q3 25 | 22.5% | 79.7% | ||
| Q2 25 | 20.5% | 79.1% | ||
| Q1 25 | 21.2% | 79.1% | ||
| Q4 24 | 21.5% | 81.2% | ||
| Q3 24 | 22.2% | 81.4% | ||
| Q2 24 | 20.7% | 83.1% | ||
| Q1 24 | 22.9% | 83.0% |
营业利润率BGSPCOR
| Q4 25 | — | -12.3% | ||
| Q3 25 | 2.5% | -4.4% | ||
| Q2 25 | 5.2% | -9.3% | ||
| Q1 25 | 8.4% | -11.7% | ||
| Q4 24 | -46.6% | -21.9% | ||
| Q3 24 | 11.1% | -12.3% | ||
| Q2 24 | 9.9% | -5.2% | ||
| Q1 24 | -3.3% | -7.0% |
净利率BGSPCOR
| Q4 25 | — | -10.8% | ||
| Q3 25 | -4.4% | -2.7% | ||
| Q2 25 | -2.3% | -6.5% | ||
| Q1 25 | 0.2% | -10.6% | ||
| Q4 24 | -40.3% | -20.6% | ||
| Q3 24 | 1.6% | -8.9% | ||
| Q2 24 | 0.9% | -2.2% | ||
| Q1 24 | -8.5% | -4.1% |
每股收益（稀释后）BGSPCOR
| Q4 25 | — | $-0.25 | ||
| Q3 25 | $-0.24 | $-0.06 | ||
| Q2 25 | $-0.12 | $-0.14 | ||
| Q1 25 | $0.01 | $-0.22 | ||
| Q4 24 | $-2.81 | $-0.42 | ||
| Q3 24 | $0.09 | $-0.18 | ||
| Q2 24 | $0.05 | $-0.04 | ||
| Q1 24 | $-0.51 | $-0.08 |
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 | $768.5M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $470.7M | $1.3B |
| 总资产 | $2.9B | $2.2B |
| 负债/权益比越低杠杆越低 | 4.30× | — |
8季度趋势，按日历期对齐
现金及短期投资BGSPCOR
| Q4 25 | — | $768.5M | ||
| Q3 25 | $60.9M | $684.0M | ||
| Q2 25 | $54.1M | $620.9M | ||
| Q1 25 | $61.2M | $566.7M | ||
| Q4 24 | $50.6M | $775.4M | ||
| Q3 24 | $54.7M | $756.9M | ||
| Q2 24 | $40.3M | $735.4M | ||
| Q1 24 | $42.5M | $744.6M |
总债务BGSPCOR
| Q4 25 | — | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.0B | — |
股东权益BGSPCOR
| Q4 25 | — | $1.3B | ||
| Q3 25 | $470.7M | $1.2B | ||
| Q2 25 | $501.4M | $1.2B | ||
| Q1 25 | $513.1M | $1.2B | ||
| Q4 24 | $524.8M | $1.3B | ||
| Q3 24 | $755.3M | $1.3B | ||
| Q2 24 | $765.0M | $1.3B | ||
| Q1 24 | $781.2M | $1.2B |
总资产BGSPCOR
| Q4 25 | — | $2.2B | ||
| Q3 25 | $2.9B | $2.1B | ||
| Q2 25 | $2.9B | $2.0B | ||
| Q1 25 | $3.0B | $1.9B | ||
| Q4 24 | $3.0B | $2.1B | ||
| Q3 24 | $3.4B | $2.0B | ||
| Q2 24 | $3.4B | $2.0B | ||
| Q1 24 | $3.4B | $1.9B |
负债/权益比BGSPCOR
| Q4 25 | — | — | ||
| Q3 25 | 4.30× | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.91× | — | ||
| Q4 24 | 3.85× | — | ||
| Q3 24 | 2.75× | — | ||
| Q2 24 | 2.67× | — | ||
| Q1 24 | 2.61× | — |
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 | $114.9M |
| 自由现金流经营现金流 - 资本支出 | $-70.7M | $109.2M |
| 自由现金流率自由现金流/营收 | -16.1% | 31.3% |
| 资本支出强度资本支出/营收 | 1.4% | 1.6% |
| 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 | $282.2M |
8季度趋势，按日历期对齐
经营现金流BGSPCOR
| Q4 25 | — | $114.9M | ||
| Q3 25 | $-64.6M | $88.5M | ||
| Q2 25 | $17.8M | $30.8M | ||
| Q1 25 | $52.7M | $66.0M | ||
| Q4 24 | $80.3M | $29.1M | ||
| Q3 24 | $4.2M | $39.3M | ||
| Q2 24 | $11.3M | $58.7M | ||
| Q1 24 | $35.1M | $69.1M |
自由现金流BGSPCOR
| Q4 25 | — | $109.2M | ||
| Q3 25 | $-70.7M | $83.1M | ||
| Q2 25 | $11.5M | $27.9M | ||
| Q1 25 | $42.4M | $62.0M | ||
| Q4 24 | $71.7M | $17.4M | ||
| Q3 24 | $-679.0K | $35.7M | ||
| Q2 24 | $5.2M | $56.8M | ||
| Q1 24 | $27.5M | $67.1M |
自由现金流率BGSPCOR
| Q4 25 | — | 31.3% | ||
| Q3 25 | -16.1% | 24.5% | ||
| Q2 25 | 2.7% | 8.6% | ||
| Q1 25 | 10.0% | 20.0% | ||
| Q4 24 | 13.0% | 5.8% | ||
| Q3 24 | -0.1% | 12.1% | ||
| Q2 24 | 1.2% | 20.0% | ||
| Q1 24 | 5.8% | 24.9% |
资本支出强度BGSPCOR
| Q4 25 | — | 1.6% | ||
| Q3 25 | 1.4% | 1.6% | ||
| Q2 25 | 1.5% | 0.9% | ||
| Q1 25 | 2.4% | 1.3% | ||
| Q4 24 | 1.6% | 3.9% | ||
| Q3 24 | 1.0% | 1.2% | ||
| Q2 24 | 1.4% | 0.7% | ||
| Q1 24 | 1.6% | 0.8% |
现金转化率BGSPCOR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 63.17× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 2.87× | — | ||
| 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% |
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
