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B&G Foods, Inc.（BGS）与Vital Farms, Inc.（VITL）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Vital Farms, Inc.的2.1倍（$439.3M vs $213.6M）。Vital Farms, Inc.净利率更高（7.6% vs -4.4%，领先12.0%）。Vital Farms, Inc.同比增速更快（28.7% vs -4.7%）。Vital Farms, Inc.自由现金流更多（$-32.1M vs $-70.7M）。过去两年Vital Farms, Inc.的营收复合增速更高（20.2% 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。
维塔托摩西乳业有限公司是一家位于乌干达的乳制品加工企业，由聚焦撒哈拉以南非洲的影响力投资基金维塔资本基金，与乌干达本土乳制品生产商托摩西奶牛场共同出资成立。
BGS vs VITL — 直观对比
营收规模更大
BGS
是对方的2.1倍
$213.6M
营收增速更快
VITL
高出33.4%
-4.7%
净利率更高
VITL
高出12.0%
-4.4%
自由现金流更多
VITL
多$38.6M
$-70.7M
两年增速更快
VITL
近两年复合增速
-12.8%
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $439.3M | $213.6M |
| 净利润 | $-19.1M | $16.3M |
| 毛利率 | 22.5% | 35.8% |
| 营业利润率 | 2.5% | 10.0% |
| 净利率 | -4.4% | 7.6% |
| 营收同比 | -4.7% | 28.7% |
| 净利润同比 | -356.5% | 54.3% |
| 每股收益（稀释后） | $-0.24 | $0.35 |
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BGSVITL
| Q4 25 | — | $213.6M | ||
| Q3 25 | $439.3M | $198.9M | ||
| Q2 25 | $424.4M | $184.8M | ||
| Q1 25 | $425.4M | $162.2M | ||
| Q4 24 | $551.6M | $166.0M | ||
| Q3 24 | $461.1M | $145.0M | ||
| Q2 24 | $444.6M | $147.4M | ||
| Q1 24 | $475.2M | $147.9M |
净利润BGSVITL
| Q4 25 | — | $16.3M | ||
| Q3 25 | $-19.1M | $16.4M | ||
| Q2 25 | $-9.8M | $16.6M | ||
| Q1 25 | $835.0K | $16.9M | ||
| Q4 24 | $-222.4M | $10.6M | ||
| Q3 24 | $7.5M | $7.4M | ||
| Q2 24 | $3.9M | $16.3M | ||
| Q1 24 | $-40.2M | $19.0M |
毛利率BGSVITL
| Q4 25 | — | 35.8% | ||
| Q3 25 | 22.5% | 37.7% | ||
| Q2 25 | 20.5% | 38.9% | ||
| Q1 25 | 21.2% | 38.5% | ||
| Q4 24 | 21.5% | 36.1% | ||
| Q3 24 | 22.2% | 36.9% | ||
| Q2 24 | 20.7% | 39.1% | ||
| Q1 24 | 22.9% | 39.8% |
营业利润率BGSVITL
| Q4 25 | — | 10.0% | ||
| Q3 25 | 2.5% | 10.8% | ||
| Q2 25 | 5.2% | 12.9% | ||
| Q1 25 | 8.4% | 13.4% | ||
| Q4 24 | -46.6% | 7.8% | ||
| Q3 24 | 11.1% | 6.4% | ||
| Q2 24 | 9.9% | 11.6% | ||
| Q1 24 | -3.3% | 16.3% |
净利率BGSVITL
| Q4 25 | — | 7.6% | ||
| Q3 25 | -4.4% | 8.3% | ||
| Q2 25 | -2.3% | 9.0% | ||
| Q1 25 | 0.2% | 10.4% | ||
| Q4 24 | -40.3% | 6.4% | ||
| Q3 24 | 1.6% | 5.1% | ||
| Q2 24 | 0.9% | 11.1% | ||
| Q1 24 | -8.5% | 12.9% |
每股收益（稀释后）BGSVITL
| Q4 25 | — | $0.35 | ||
| Q3 25 | $-0.24 | $0.36 | ||
| Q2 25 | $-0.12 | $0.36 | ||
| Q1 25 | $0.01 | $0.37 | ||
| Q4 24 | $-2.81 | $0.23 | ||
| Q3 24 | $0.09 | $0.16 | ||
| Q2 24 | $0.05 | $0.36 | ||
| Q1 24 | $-0.51 | $0.43 |
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 | $48.8M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $470.7M | $351.3M |
| 总资产 | $2.9B | $518.7M |
| 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BGSVITL
| Q4 25 | — | $48.8M | ||
| Q3 25 | $60.9M | $93.8M | ||
| Q2 25 | $54.1M | $108.2M | ||
| Q1 25 | $61.2M | $156.3M | ||
| Q4 24 | $50.6M | $150.6M | ||
| Q3 24 | $54.7M | $149.5M | ||
| Q2 24 | $40.3M | $133.2M | ||
| Q1 24 | $42.5M | $113.8M |
总债务BGSVITL
| 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BGSVITL
| Q4 25 | — | $351.3M | ||
| Q3 25 | $470.7M | $331.2M | ||
| Q2 25 | $501.4M | $309.8M | ||
| Q1 25 | $513.1M | $288.9M | ||
| Q4 24 | $524.8M | $269.3M | ||
| Q3 24 | $755.3M | $253.4M | ||
| Q2 24 | $765.0M | $238.4M | ||
| Q1 24 | $781.2M | $213.3M |
总资产BGSVITL
| Q4 25 | — | $518.7M | ||
| Q3 25 | $2.9B | $481.5M | ||
| Q2 25 | $2.9B | $430.8M | ||
| Q1 25 | $3.0B | $376.9M | ||
| Q4 24 | $3.0B | $359.3M | ||
| Q3 24 | $3.4B | $344.7M | ||
| Q2 24 | $3.4B | $320.5M | ||
| Q1 24 | $3.4B | $300.2M |
负债/权益比BGSVITL
| 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 | $5.8M |
| 自由现金流经营现金流 - 资本支出 | $-70.7M | $-32.1M |
| 自由现金流率自由现金流/营收 | -16.1% | -15.1% |
| 资本支出强度资本支出/营收 | 1.4% | 17.8% |
| 现金转化率经营现金流/净利润 | — | 0.35× |
| 过去12个月自由现金流最近4个季度 | $54.8M | $-48.2M |
8季度趋势，按日历期对齐
经营现金流BGSVITL
| Q4 25 | — | $5.8M | ||
| Q3 25 | $-64.6M | $23.4M | ||
| Q2 25 | $17.8M | $-761.0K | ||
| Q1 25 | $52.7M | $5.3M | ||
| Q4 24 | $80.3M | $14.8M | ||
| Q3 24 | $4.2M | $10.0M | ||
| Q2 24 | $11.3M | $16.1M | ||
| Q1 24 | $35.1M | $23.9M |
自由现金流BGSVITL
| Q4 25 | — | $-32.1M | ||
| Q3 25 | $-70.7M | $-10.6M | ||
| Q2 25 | $11.5M | $-7.6M | ||
| Q1 25 | $42.4M | $2.1M | ||
| Q4 24 | $71.7M | $-3.4M | ||
| Q3 24 | $-679.0K | $6.4M | ||
| Q2 24 | $5.2M | $10.5M | ||
| Q1 24 | $27.5M | $22.6M |
自由现金流率BGSVITL
| Q4 25 | — | -15.1% | ||
| Q3 25 | -16.1% | -5.3% | ||
| Q2 25 | 2.7% | -4.1% | ||
| Q1 25 | 10.0% | 1.3% | ||
| Q4 24 | 13.0% | -2.0% | ||
| Q3 24 | -0.1% | 4.4% | ||
| Q2 24 | 1.2% | 7.2% | ||
| Q1 24 | 5.8% | 15.3% |
资本支出强度BGSVITL
| Q4 25 | — | 17.8% | ||
| Q3 25 | 1.4% | 17.1% | ||
| Q2 25 | 1.5% | 3.7% | ||
| Q1 25 | 2.4% | 1.9% | ||
| Q4 24 | 1.6% | 10.9% | ||
| Q3 24 | 1.0% | 2.5% | ||
| Q2 24 | 1.4% | 3.8% | ||
| Q1 24 | 1.6% | 0.9% |
现金转化率BGSVITL
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 1.43× | ||
| Q2 25 | — | -0.05× | ||
| Q1 25 | 63.17× | 0.31× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | 0.56× | 1.34× | ||
| Q2 24 | 2.87× | 0.99× | ||
| Q1 24 | — | 1.26× |
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% |
VITL
| Eggs And Egg Related Products | $205.8M | 96% |
| Butter And Butter Related Products | $7.7M | 4% |
