vs
B&G Foods, Inc.（BGS）与Regency Centers（REG）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Regency Centers的1.1倍（$439.3M vs $404.2M），Regency Centers净利率更高（50.1% vs -4.4%，领先54.5%），Regency Centers同比增速更快（8.5% vs -4.7%），过去两年Regency Centers的营收复合增速更高（5.4% 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。
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
BGS vs REG — 直观对比
营收规模更大
BGS
是对方的1.1倍
$404.2M
营收增速更快
REG
高出13.2%
-4.7%
净利率更高
REG
高出54.5%
-4.4%
两年增速更快
REG
近两年复合增速
-12.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $439.3M | $404.2M |
| 净利润 | $-19.1M | $202.5M |
| 毛利率 | 22.5% | — |
| 营业利润率 | 2.5% | 71.0% |
| 净利率 | -4.4% | 50.1% |
| 营收同比 | -4.7% | 8.5% |
| 净利润同比 | -356.5% | 134.1% |
| 每股收益（稀释后） | $-0.24 | — |
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BGSREG
| Q4 25 | — | $404.2M | ||
| Q3 25 | $439.3M | $387.6M | ||
| Q2 25 | $424.4M | $380.8M | ||
| Q1 25 | $425.4M | $380.9M | ||
| Q4 24 | $551.6M | $372.5M | ||
| Q3 24 | $461.1M | $360.3M | ||
| Q2 24 | $444.6M | $357.3M | ||
| Q1 24 | $475.2M | $363.9M |
净利润BGSREG
| Q4 25 | — | $202.5M | ||
| Q3 25 | $-19.1M | $109.4M | ||
| Q2 25 | $-9.8M | $106.0M | ||
| Q1 25 | $835.0K | $109.6M | ||
| Q4 24 | $-222.4M | $86.5M | ||
| Q3 24 | $7.5M | $101.5M | ||
| Q2 24 | $3.9M | $102.7M | ||
| Q1 24 | $-40.2M | $109.8M |
毛利率BGSREG
| 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BGSREG
| Q4 25 | — | 71.0% | ||
| Q3 25 | 2.5% | 72.7% | ||
| Q2 25 | 5.2% | 73.8% | ||
| Q1 25 | 8.4% | 71.8% | ||
| Q4 24 | -46.6% | 71.1% | ||
| Q3 24 | 11.1% | 72.5% | ||
| Q2 24 | 9.9% | 72.3% | ||
| Q1 24 | -3.3% | 72.3% |
净利率BGSREG
| Q4 25 | — | 50.1% | ||
| Q3 25 | -4.4% | 28.2% | ||
| Q2 25 | -2.3% | 27.8% | ||
| Q1 25 | 0.2% | 28.8% | ||
| Q4 24 | -40.3% | 23.2% | ||
| Q3 24 | 1.6% | 28.2% | ||
| Q2 24 | 0.9% | 28.7% | ||
| Q1 24 | -8.5% | 30.2% |
每股收益（稀释后）BGSREG
| Q4 25 | — | — | ||
| Q3 25 | $-0.24 | — | ||
| Q2 25 | $-0.12 | — | ||
| Q1 25 | $0.01 | — | ||
| Q4 24 | $-2.81 | — | ||
| Q3 24 | $0.09 | — | ||
| Q2 24 | $0.05 | — | ||
| Q1 24 | $-0.51 | — |
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 | — |
| 总债务越低越好 | $2.0B | $4.7B |
| 股东权益账面价值 | $470.7M | $6.9B |
| 总资产 | $2.9B | $13.0B |
| 负债/权益比越低杠杆越低 | 4.30× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资BGSREG
| Q4 25 | — | — | ||
| Q3 25 | $60.9M | — | ||
| Q2 25 | $54.1M | — | ||
| Q1 25 | $61.2M | — | ||
| Q4 24 | $50.6M | — | ||
| Q3 24 | $54.7M | — | ||
| Q2 24 | $40.3M | — | ||
| Q1 24 | $42.5M | — |
总债务BGSREG
| Q4 25 | — | $4.7B | ||
| Q3 25 | $2.0B | $4.9B | ||
| Q2 25 | $2.0B | $4.8B | ||
| Q1 25 | $2.0B | $4.6B | ||
| Q4 24 | $2.0B | $4.4B | ||
| Q3 24 | $2.1B | $4.4B | ||
| Q2 24 | $2.0B | $4.4B | ||
| Q1 24 | $2.0B | $4.4B |
股东权益BGSREG
| Q4 25 | — | $6.9B | ||
| Q3 25 | $470.7M | $6.8B | ||
| Q2 25 | $501.4M | $6.7B | ||
| Q1 25 | $513.1M | $6.7B | ||
| Q4 24 | $524.8M | $6.7B | ||
| Q3 24 | $755.3M | $6.8B | ||
| Q2 24 | $765.0M | $6.8B | ||
| Q1 24 | $781.2M | $7.0B |
总资产BGSREG
| Q4 25 | — | $13.0B | ||
| Q3 25 | $2.9B | $13.1B | ||
| Q2 25 | $2.9B | $12.7B | ||
| Q1 25 | $3.0B | $12.6B | ||
| Q4 24 | $3.0B | $12.4B | ||
| Q3 24 | $3.4B | $12.4B | ||
| Q2 24 | $3.4B | $12.4B | ||
| Q1 24 | $3.4B | $12.7B |
负债/权益比BGSREG
| Q4 25 | — | 0.69× | ||
| Q3 25 | 4.30× | 0.72× | ||
| Q2 25 | 3.97× | 0.72× | ||
| Q1 25 | 3.91× | 0.69× | ||
| Q4 24 | 3.85× | 0.66× | ||
| Q3 24 | 2.75× | 0.65× | ||
| Q2 24 | 2.67× | 0.64× | ||
| Q1 24 | 2.61× | 0.63× |
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 | $203.9M |
| 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 | — | 1.01× |
| 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BGSREG
| Q4 25 | — | $203.9M | ||
| Q3 25 | $-64.6M | $218.7M | ||
| Q2 25 | $17.8M | $244.0M | ||
| Q1 25 | $52.7M | $161.0M | ||
| Q4 24 | $80.3M | $191.4M | ||
| Q3 24 | $4.2M | $227.6M | ||
| Q2 24 | $11.3M | $203.5M | ||
| Q1 24 | $35.1M | $167.8M |
自由现金流BGSREG
| 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BGSREG
| 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BGSREG
| 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BGSREG
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | 2.00× | ||
| Q2 25 | — | 2.30× | ||
| Q1 25 | 63.17× | 1.47× | ||
| Q4 24 | — | 2.21× | ||
| Q3 24 | 0.56× | 2.24× | ||
| Q2 24 | 2.87× | 1.98× | ||
| Q1 24 | — | 1.53× |
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% |
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
