vs
B&G Foods, Inc.（BGS）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是B&G Foods, Inc.的1.1倍（$461.6M vs $439.3M），RBC Bearings INC净利率更高（14.6% vs -4.4%，领先19.0%），RBC Bearings INC同比增速更快（17.0% vs -4.7%），RBC Bearings INC自由现金流更多（$99.1M vs $-70.7M），过去两年RBC Bearings INC的营收复合增速更高（5.6% 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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
BGS vs RBC — 直观对比
营收规模更大
RBC
是对方的1.1倍
$439.3M
营收增速更快
RBC
高出21.8%
-4.7%
净利率更高
RBC
高出19.0%
-4.4%
自由现金流更多
RBC
多$169.8M
$-70.7M
两年增速更快
RBC
近两年复合增速
-12.8%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $439.3M | $461.6M |
| 净利润 | $-19.1M | $67.4M |
| 毛利率 | 22.5% | 44.3% |
| 营业利润率 | 2.5% | 22.3% |
| 净利率 | -4.4% | 14.6% |
| 营收同比 | -4.7% | 17.0% |
| 净利润同比 | -356.5% | 16.4% |
| 每股收益（稀释后） | $-0.24 | $2.13 |
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BGSRBC
| Q4 25 | — | $461.6M | ||
| Q3 25 | $439.3M | $455.3M | ||
| Q2 25 | $424.4M | $436.0M | ||
| Q1 25 | $425.4M | $437.7M | ||
| Q4 24 | $551.6M | $394.4M | ||
| Q3 24 | $461.1M | $397.9M | ||
| Q2 24 | $444.6M | $406.3M | ||
| Q1 24 | $475.2M | $413.7M |
净利润BGSRBC
| Q4 25 | — | $67.4M | ||
| Q3 25 | $-19.1M | $60.0M | ||
| Q2 25 | $-9.8M | $68.5M | ||
| Q1 25 | $835.0K | $72.7M | ||
| Q4 24 | $-222.4M | $57.9M | ||
| Q3 24 | $7.5M | $54.2M | ||
| Q2 24 | $3.9M | $61.4M | ||
| Q1 24 | $-40.2M | — |
毛利率BGSRBC
| Q4 25 | — | 44.3% | ||
| Q3 25 | 22.5% | 44.1% | ||
| Q2 25 | 20.5% | 44.8% | ||
| Q1 25 | 21.2% | 44.2% | ||
| Q4 24 | 21.5% | 44.3% | ||
| Q3 24 | 22.2% | 43.7% | ||
| Q2 24 | 20.7% | 45.3% | ||
| Q1 24 | 22.9% | 43.1% |
营业利润率BGSRBC
| Q4 25 | — | 22.3% | ||
| Q3 25 | 2.5% | 21.5% | ||
| Q2 25 | 5.2% | 23.2% | ||
| Q1 25 | 8.4% | 23.0% | ||
| Q4 24 | -46.6% | 21.7% | ||
| Q3 24 | 11.1% | 21.6% | ||
| Q2 24 | 9.9% | 24.0% | ||
| Q1 24 | -3.3% | 22.8% |
净利率BGSRBC
| Q4 25 | — | 14.6% | ||
| Q3 25 | -4.4% | 13.2% | ||
| Q2 25 | -2.3% | 15.7% | ||
| Q1 25 | 0.2% | 16.6% | ||
| Q4 24 | -40.3% | 14.7% | ||
| Q3 24 | 1.6% | 13.6% | ||
| Q2 24 | 0.9% | 15.1% | ||
| Q1 24 | -8.5% | — |
每股收益（稀释后）BGSRBC
| Q4 25 | — | $2.13 | ||
| Q3 25 | $-0.24 | $1.90 | ||
| Q2 25 | $-0.12 | $2.17 | ||
| Q1 25 | $0.01 | $2.33 | ||
| Q4 24 | $-2.81 | $1.82 | ||
| Q3 24 | $0.09 | $1.65 | ||
| Q2 24 | $0.05 | $1.90 | ||
| Q1 24 | $-0.51 | $1.92 |
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 | $107.6M |
| 总债务越低越好 | $2.0B | $990.2M |
| 股东权益账面价值 | $470.7M | $3.3B |
| 总资产 | $2.9B | $5.1B |
| 负债/权益比越低杠杆越低 | 4.30× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资BGSRBC
| Q4 25 | — | $107.6M | ||
| Q3 25 | $60.9M | $91.2M | ||
| Q2 25 | $54.1M | $132.9M | ||
| Q1 25 | $61.2M | $36.8M | ||
| Q4 24 | $50.6M | — | ||
| Q3 24 | $54.7M | — | ||
| Q2 24 | $40.3M | $76.8M | ||
| Q1 24 | $42.5M | $63.5M |
总债务BGSRBC
| Q4 25 | — | $990.2M | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $2.0B | $915.6M | ||
| Q1 25 | $2.0B | $920.1M | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.0B | $1.2B |
股东权益BGSRBC
| Q4 25 | — | $3.3B | ||
| Q3 25 | $470.7M | $3.2B | ||
| Q2 25 | $501.4M | $3.1B | ||
| Q1 25 | $513.1M | $3.0B | ||
| Q4 24 | $524.8M | $2.9B | ||
| Q3 24 | $755.3M | $2.9B | ||
| Q2 24 | $765.0M | $2.8B | ||
| Q1 24 | $781.2M | $2.8B |
总资产BGSRBC
| Q4 25 | — | $5.1B | ||
| Q3 25 | $2.9B | $5.1B | ||
| Q2 25 | $2.9B | $4.8B | ||
| Q1 25 | $3.0B | $4.7B | ||
| Q4 24 | $3.0B | $4.7B | ||
| Q3 24 | $3.4B | $4.7B | ||
| Q2 24 | $3.4B | $4.7B | ||
| Q1 24 | $3.4B | $4.7B |
负债/权益比BGSRBC
| Q4 25 | — | 0.30× | ||
| Q3 25 | 4.30× | 0.34× | ||
| Q2 25 | 3.97× | 0.29× | ||
| Q1 25 | 3.91× | 0.30× | ||
| Q4 24 | 3.85× | — | ||
| Q3 24 | 2.75× | — | ||
| Q2 24 | 2.67× | — | ||
| Q1 24 | 2.61× | 0.43× |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $-70.7M | $99.1M |
| 自由现金流率自由现金流/营收 | -16.1% | 21.5% |
| 资本支出强度资本支出/营收 | 1.4% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 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BGSRBC
| Q4 25 | — | $122.1M | ||
| Q3 25 | $-64.6M | $88.4M | ||
| Q2 25 | $17.8M | $120.0M | ||
| Q1 25 | $52.7M | — | ||
| Q4 24 | $80.3M | $84.0M | ||
| Q3 24 | $4.2M | — | ||
| Q2 24 | $11.3M | $97.4M | ||
| Q1 24 | $35.1M | — |
自由现金流BGSRBC
| Q4 25 | — | $99.1M | ||
| Q3 25 | $-70.7M | $71.7M | ||
| Q2 25 | $11.5M | $104.3M | ||
| Q1 25 | $42.4M | — | ||
| Q4 24 | $71.7M | $73.6M | ||
| Q3 24 | $-679.0K | — | ||
| Q2 24 | $5.2M | $88.4M | ||
| Q1 24 | $27.5M | — |
自由现金流率BGSRBC
| Q4 25 | — | 21.5% | ||
| Q3 25 | -16.1% | 15.7% | ||
| Q2 25 | 2.7% | 23.9% | ||
| Q1 25 | 10.0% | — | ||
| Q4 24 | 13.0% | 18.7% | ||
| Q3 24 | -0.1% | — | ||
| Q2 24 | 1.2% | 21.8% | ||
| Q1 24 | 5.8% | — |
资本支出强度BGSRBC
| Q4 25 | — | 5.0% | ||
| Q3 25 | 1.4% | 3.7% | ||
| Q2 25 | 1.5% | 3.6% | ||
| Q1 25 | 2.4% | 3.2% | ||
| Q4 24 | 1.6% | 2.6% | ||
| Q3 24 | 1.0% | 4.1% | ||
| Q2 24 | 1.4% | 2.2% | ||
| Q1 24 | 1.6% | — |
现金转化率BGSRBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | 63.17× | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 2.87× | 1.59× | ||
| 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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
