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BJs RESTAURANTS INC（BJRI）与Wingstop Inc.（WING）财务数据对比。点击上方公司名可切换其他公司
BJs RESTAURANTS INC的季度营收约是Wingstop Inc.的1.9倍（$330.2M vs $175.7M）。Wingstop Inc.净利率更高（15.2% vs 0.1%，领先15.1%）。Wingstop Inc.同比增速更快（8.6% vs 1.4%）。Wingstop Inc.自由现金流更多（$34.5M vs $3.6M）。过去两年Wingstop Inc.的营收复合增速更高（9.8% vs 1.0%）
BJ's Restaurants Inc.是美国休闲连锁餐饮企业，旗下门店遍布美国多个地区，主打招牌深盘披萨、精酿啤酒、手工鸡尾酒及各类美式家常餐食，服务家庭聚餐、朋友聚会等多元客群，主打轻松舒适的用餐氛围。
Wingstop Inc.是美国知名跨国快餐连锁品牌，核心产品为布法罗鸡翅，旗下门店均采用20世纪30至40年代喷气时代前的航空主题装饰风格，目前业务已覆盖全球多个国家和地区。
BJRI vs WING — 直观对比
营收规模更大
BJRI
是对方的1.9倍
$175.7M
营收增速更快
WING
高出7.2%
1.4%
净利率更高
WING
高出15.1%
0.1%
自由现金流更多
WING
多$30.9M
$3.6M
两年增速更快
WING
近两年复合增速
1.0%
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $330.2M | $175.7M |
| 净利润 | $465.0K | $26.8M |
| 毛利率 | 74.3% | — |
| 营业利润率 | -0.3% | 26.7% |
| 净利率 | 0.1% | 15.2% |
| 营收同比 | 1.4% | 8.6% |
| 净利润同比 | 115.9% | 0.0% |
| 每股收益（稀释后） | $0.02 | $0.99 |
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BJRIWING
| Q4 25 | — | $175.7M | ||
| Q3 25 | $365.6M | $175.7M | ||
| Q2 25 | $348.0M | $174.3M | ||
| Q1 25 | — | $171.1M | ||
| Q4 24 | $325.7M | $161.8M | ||
| Q3 24 | $349.9M | $162.5M | ||
| Q2 24 | $337.3M | $155.7M | ||
| Q1 24 | $323.6M | $145.8M |
净利润BJRIWING
| Q4 25 | — | $26.8M | ||
| Q3 25 | $22.2M | $28.5M | ||
| Q2 25 | $13.5M | $26.8M | ||
| Q1 25 | — | $92.3M | ||
| Q4 24 | $-2.9M | $26.8M | ||
| Q3 24 | $17.2M | $25.7M | ||
| Q2 24 | $7.7M | $27.5M | ||
| Q1 24 | $8.1M | $28.7M |
毛利率BJRIWING
| Q4 25 | — | — | ||
| Q3 25 | 75.2% | — | ||
| Q2 25 | 75.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 73.4% | 85.6% | ||
| Q3 24 | 74.3% | 85.0% | ||
| Q2 24 | 74.8% | 85.4% | ||
| Q1 24 | 74.5% | 85.4% |
营业利润率BJRIWING
| Q4 25 | — | 26.7% | ||
| Q3 25 | 5.8% | 27.9% | ||
| Q2 25 | 4.3% | 25.9% | ||
| Q1 25 | — | 22.4% | ||
| Q4 24 | -0.8% | 25.9% | ||
| Q3 24 | 3.8% | 24.5% | ||
| Q2 24 | 2.4% | 26.5% | ||
| Q1 24 | 1.0% | 29.3% |
净利率BJRIWING
| Q4 25 | — | 15.2% | ||
| Q3 25 | 6.1% | 16.2% | ||
| Q2 25 | 3.9% | 15.4% | ||
| Q1 25 | — | 53.9% | ||
| Q4 24 | -0.9% | 16.5% | ||
| Q3 24 | 4.9% | 15.8% | ||
| Q2 24 | 2.3% | 17.7% | ||
| Q1 24 | 2.5% | 19.7% |
每股收益（稀释后）BJRIWING
| Q4 25 | — | $0.99 | ||
| Q3 25 | $0.97 | $1.02 | ||
| Q2 25 | $0.58 | $0.96 | ||
| Q1 25 | — | $3.24 | ||
| Q4 24 | $-0.13 | $0.91 | ||
| Q3 24 | $0.72 | $0.88 | ||
| Q2 24 | $0.32 | $0.93 | ||
| Q1 24 | $0.33 | $0.98 |
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 | $25.4M | $196.6M |
| 总债务越低越好 | $89.5M | $1.2B |
| 股东权益账面价值 | $356.2M | $-736.8M |
| 总资产 | $1.0B | $693.4M |
| 负债/权益比越低杠杆越低 | 0.25× | — |
8季度趋势，按日历期对齐
现金及短期投资BJRIWING
| Q4 25 | — | $196.6M | ||
| Q3 25 | $26.0M | $237.6M | ||
| Q2 25 | $19.0M | $227.9M | ||
| Q1 25 | — | $251.4M | ||
| Q4 24 | $18.4M | $315.9M | ||
| Q3 24 | $16.2M | $84.0M | ||
| Q2 24 | $18.8M | $96.7M | ||
| Q1 24 | $29.1M | $108.3M |
总债务BJRIWING
| Q4 25 | — | $1.2B | ||
| Q3 25 | $60.5M | — | ||
| Q2 25 | $85.5M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $66.5M | $1.2B | ||
| Q3 24 | $63.5M | — | ||
| Q2 24 | $58.0M | — | ||
| Q1 24 | $68.0M | — |
股东权益BJRIWING
| Q4 25 | — | $-736.8M | ||
| Q3 25 | $386.6M | $-702.6M | ||
| Q2 25 | $371.5M | $-686.0M | ||
| Q1 25 | — | $-715.0M | ||
| Q4 24 | $376.2M | $-675.6M | ||
| Q3 24 | $386.5M | $-447.5M | ||
| Q2 24 | $375.4M | $-437.5M | ||
| Q1 24 | $365.8M | $-434.4M |
总资产BJRIWING
| Q4 25 | — | $693.4M | ||
| Q3 25 | $1.0B | $721.0M | ||
| Q2 25 | $1.0B | $708.3M | ||
| Q1 25 | — | $696.8M | ||
| Q4 24 | $1.0B | $716.2M | ||
| Q3 24 | $1.0B | $484.8M | ||
| Q2 24 | $1.0B | $451.8M | ||
| Q1 24 | $1.1B | $412.3M |
负债/权益比BJRIWING
| Q4 25 | — | — | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | 0.16× | — | ||
| Q2 24 | 0.15× | — | ||
| Q1 24 | 0.19× | — |
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 | $25.1M | $57.3M |
| 自由现金流经营现金流 - 资本支出 | $3.6M | $34.5M |
| 自由现金流率自由现金流/营收 | 1.1% | 19.6% |
| 资本支出强度资本支出/营收 | 6.5% | 13.0% |
| 现金转化率经营现金流/净利润 | 53.89× | 2.14× |
| 过去12个月自由现金流最近4个季度 | $49.2M | $105.6M |
8季度趋势，按日历期对齐
经营现金流BJRIWING
| Q4 25 | — | $57.3M | ||
| Q3 25 | $62.3M | $63.9M | ||
| Q2 25 | $4.6M | $6.6M | ||
| Q1 25 | — | $25.3M | ||
| Q4 24 | $27.3M | $7.7M | ||
| Q3 24 | $20.2M | $69.0M | ||
| Q2 24 | $22.3M | $36.2M | ||
| Q1 24 | $32.2M | $44.7M |
自由现金流BJRIWING
| Q4 25 | — | $34.5M | ||
| Q3 25 | $41.9M | $61.7M | ||
| Q2 25 | $-12.1M | $-7.8M | ||
| Q1 25 | — | $17.3M | ||
| Q4 24 | $7.6M | $-8.6M | ||
| Q3 24 | $735.0K | $54.9M | ||
| Q2 24 | $448.0K | $25.9M | ||
| Q1 24 | $15.3M | $33.5M |
自由现金流率BJRIWING
| Q4 25 | — | 19.6% | ||
| Q3 25 | 11.5% | 35.1% | ||
| Q2 25 | -3.5% | -4.5% | ||
| Q1 25 | — | 10.1% | ||
| Q4 24 | 2.3% | -5.3% | ||
| Q3 24 | 0.2% | 33.8% | ||
| Q2 24 | 0.1% | 16.6% | ||
| Q1 24 | 4.7% | 23.0% |
资本支出强度BJRIWING
| Q4 25 | — | 13.0% | ||
| Q3 25 | 5.6% | 1.3% | ||
| Q2 25 | 4.8% | 8.2% | ||
| Q1 25 | — | 4.7% | ||
| Q4 24 | 6.0% | 10.1% | ||
| Q3 24 | 5.6% | 8.7% | ||
| Q2 24 | 6.5% | 6.6% | ||
| Q1 24 | 5.2% | 7.7% |
现金转化率BJRIWING
| Q4 25 | — | 2.14× | ||
| Q3 25 | 2.80× | 2.24× | ||
| Q2 25 | 0.34× | 0.25× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | 1.18× | 2.68× | ||
| Q2 24 | 2.89× | 1.32× | ||
| Q1 24 | 4.00× | 1.55× |
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
BJRI
暂无分部数据
WING
| Royalty | $73.7M | 42% |
| Advertising | $61.4M | 35% |
| Franchisor Owned Outlet | $32.4M | 18% |
| Other | $6.4M | 4% |
| Franchise | $1.8M | 1% |
