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B&G Foods, Inc.（BGS）与GIBRALTAR INDUSTRIES, INC.（ROCK）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GIBRALTAR INDUSTRIES, INC.的2.0倍（$439.3M vs $225.0M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs -4.7%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $-70.7M），过去两年GIBRALTAR INDUSTRIES, INC.的营收复合增速更高（-12.3% 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。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
BGS vs ROCK — 直观对比
营收规模更大
BGS
是对方的2.0倍
$225.0M
营收增速更快
ROCK
高出29.7%
-4.7%
自由现金流更多
ROCK
多$96.9M
$-70.7M
两年增速更快
ROCK
近两年复合增速
-12.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $439.3M | $225.0M |
| 净利润 | $-19.1M | — |
| 毛利率 | 22.5% | 25.3% |
| 营业利润率 | 2.5% | 7.9% |
| 净利率 | -4.4% | — |
| 营收同比 | -4.7% | 24.9% |
| 净利润同比 | -356.5% | — |
| 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BGSROCK
| Q4 25 | — | $225.0M | ||
| Q3 25 | $439.3M | $310.9M | ||
| Q2 25 | $424.4M | $309.5M | ||
| Q1 25 | $425.4M | $290.0M | ||
| Q4 24 | $551.6M | $180.1M | ||
| Q3 24 | $461.1M | $277.1M | ||
| Q2 24 | $444.6M | $273.6M | ||
| Q1 24 | $475.2M | $292.5M |
净利润BGSROCK
| Q4 25 | — | — | ||
| Q3 25 | $-19.1M | $-89.1M | ||
| Q2 25 | $-9.8M | $26.0M | ||
| Q1 25 | $835.0K | $21.1M | ||
| Q4 24 | $-222.4M | — | ||
| Q3 24 | $7.5M | $34.0M | ||
| Q2 24 | $3.9M | $32.2M | ||
| Q1 24 | $-40.2M | $24.9M |
毛利率BGSROCK
| Q4 25 | — | 25.3% | ||
| Q3 25 | 22.5% | 26.6% | ||
| Q2 25 | 20.5% | 28.4% | ||
| Q1 25 | 21.2% | 26.8% | ||
| Q4 24 | 21.5% | 29.0% | ||
| Q3 24 | 22.2% | 29.4% | ||
| Q2 24 | 20.7% | 30.5% | ||
| Q1 24 | 22.9% | 28.9% |
营业利润率BGSROCK
| Q4 25 | — | 7.9% | ||
| Q3 25 | 2.5% | 12.8% | ||
| Q2 25 | 5.2% | 12.8% | ||
| Q1 25 | 8.4% | 8.8% | ||
| Q4 24 | -46.6% | 13.3% | ||
| Q3 24 | 11.1% | 15.6% | ||
| Q2 24 | 9.9% | 14.9% | ||
| Q1 24 | -3.3% | 10.8% |
净利率BGSROCK
| Q4 25 | — | — | ||
| Q3 25 | -4.4% | -28.6% | ||
| Q2 25 | -2.3% | 8.4% | ||
| Q1 25 | 0.2% | 7.3% | ||
| Q4 24 | -40.3% | — | ||
| Q3 24 | 1.6% | 12.3% | ||
| Q2 24 | 0.9% | 11.8% | ||
| Q1 24 | -8.5% | 8.5% |
每股收益（稀释后）BGSROCK
| Q4 25 | — | — | ||
| Q3 25 | $-0.24 | $-2.98 | ||
| Q2 25 | $-0.12 | $0.87 | ||
| Q1 25 | $0.01 | — | ||
| Q4 24 | $-2.81 | — | ||
| Q3 24 | $0.09 | $1.11 | ||
| Q2 24 | $0.05 | $1.05 | ||
| 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 | $115.7M |
| 总债务越低越好 | $2.0B | $0 |
| 股东权益账面价值 | $470.7M | $950.4M |
| 总资产 | $2.9B | $1.4B |
| 负债/权益比越低杠杆越低 | 4.30× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资BGSROCK
| Q4 25 | — | $115.7M | ||
| Q3 25 | $60.9M | $89.4M | ||
| Q2 25 | $54.1M | $43.3M | ||
| Q1 25 | $61.2M | $25.1M | ||
| Q4 24 | $50.6M | $269.5M | ||
| Q3 24 | $54.7M | $228.9M | ||
| Q2 24 | $40.3M | $179.1M | ||
| Q1 24 | $42.5M | $146.7M |
总债务BGSROCK
| Q4 25 | — | $0 | ||
| Q3 25 | $2.0B | $0 | ||
| Q2 25 | $2.0B | $0 | ||
| Q1 25 | $2.0B | $0 | ||
| Q4 24 | $2.0B | $0 | ||
| Q3 24 | $2.1B | $0 | ||
| Q2 24 | $2.0B | $0 | ||
| Q1 24 | $2.0B | $0 |
股东权益BGSROCK
| Q4 25 | — | $950.4M | ||
| Q3 25 | $470.7M | $951.8M | ||
| Q2 25 | $501.4M | $1.0B | ||
| Q1 25 | $513.1M | $1.0B | ||
| Q4 24 | $524.8M | $1.0B | ||
| Q3 24 | $755.3M | $1.0B | ||
| Q2 24 | $765.0M | $975.7M | ||
| Q1 24 | $781.2M | $940.2M |
总资产BGSROCK
| Q4 25 | — | $1.4B | ||
| Q3 25 | $2.9B | $1.4B | ||
| Q2 25 | $2.9B | $1.5B | ||
| Q1 25 | $3.0B | $1.4B | ||
| Q4 24 | $3.0B | $1.4B | ||
| Q3 24 | $3.4B | $1.4B | ||
| Q2 24 | $3.4B | $1.4B | ||
| Q1 24 | $3.4B | $1.3B |
负债/权益比BGSROCK
| Q4 25 | — | 0.00× | ||
| Q3 25 | 4.30× | 0.00× | ||
| Q2 25 | 3.97× | 0.00× | ||
| Q1 25 | 3.91× | 0.00× | ||
| Q4 24 | 3.85× | 0.00× | ||
| Q3 24 | 2.75× | 0.00× | ||
| Q2 24 | 2.67× | 0.00× | ||
| Q1 24 | 2.61× | 0.00× |
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 | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $-70.7M | $26.2M |
| 自由现金流率自由现金流/营收 | -16.1% | 11.7% |
| 资本支出强度资本支出/营收 | 1.4% | 4.1% |
| 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 | $120.6M |
8季度趋势，按日历期对齐
经营现金流BGSROCK
| Q4 25 | — | $35.5M | ||
| Q3 25 | $-64.6M | $73.0M | ||
| Q2 25 | $17.8M | $44.9M | ||
| Q1 25 | $52.7M | $13.7M | ||
| Q4 24 | $80.3M | $19.9M | ||
| Q3 24 | $4.2M | $64.7M | ||
| Q2 24 | $11.3M | $36.5M | ||
| Q1 24 | $35.1M | $53.2M |
自由现金流BGSROCK
| Q4 25 | — | $26.2M | ||
| Q3 25 | $-70.7M | $64.8M | ||
| Q2 25 | $11.5M | $27.3M | ||
| Q1 25 | $42.4M | $2.3M | ||
| Q4 24 | $71.7M | $14.1M | ||
| Q3 24 | $-679.0K | $60.5M | ||
| Q2 24 | $5.2M | $33.5M | ||
| Q1 24 | $27.5M | $48.8M |
自由现金流率BGSROCK
| Q4 25 | — | 11.7% | ||
| Q3 25 | -16.1% | 20.8% | ||
| Q2 25 | 2.7% | 8.8% | ||
| Q1 25 | 10.0% | 0.8% | ||
| Q4 24 | 13.0% | 7.8% | ||
| Q3 24 | -0.1% | 21.8% | ||
| Q2 24 | 1.2% | 12.2% | ||
| Q1 24 | 5.8% | 16.7% |
资本支出强度BGSROCK
| Q4 25 | — | 4.1% | ||
| Q3 25 | 1.4% | 2.6% | ||
| Q2 25 | 1.5% | 5.7% | ||
| Q1 25 | 2.4% | 3.9% | ||
| Q4 24 | 1.6% | 3.3% | ||
| Q3 24 | 1.0% | 1.5% | ||
| Q2 24 | 1.4% | 1.1% | ||
| Q1 24 | 1.6% | 1.5% |
现金转化率BGSROCK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | 63.17× | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.56× | 1.90× | ||
| Q2 24 | 2.87× | 1.13× | ||
| Q1 24 | — | 2.13× |
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% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
