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BLACK HILLS CORP（BKH）与Bloomin' Brands, Inc.（BLMN）财务数据对比。点击上方公司名可切换其他公司
Bloomin' Brands, Inc.的季度营收约是BLACK HILLS CORP的1.6倍（$975.2M vs $622.7M），BLACK HILLS CORP净利率更高（16.8% vs -1.4%，领先18.2%），BLACK HILLS CORP同比增速更快（6.4% vs 0.3%），Bloomin' Brands, Inc.自由现金流更多（$63.7M vs $-101.5M），过去两年Bloomin' Brands, Inc.的营收复合增速更高（-4.5% vs -6.8%）
布莱克山集团是美国多元化能源企业，总部位于南达科他州拉皮德城，名称来源于当地的布莱克山区域。公司主营电力与天然气公用事业，服务覆盖南达科他、蒙大拿、怀俄明、科罗拉多等多个州，电力产品行销整个美国西部地区。
Bloomin' Brands, Inc.是一家餐饮控股集团，1988年成立，总部位于美国佛罗里达州坦帕市，旗下拥有多个美式休闲餐饮连锁品牌，是北美休闲餐饮领域颇具规模的企业之一。
BKH vs BLMN — 直观对比
营收规模更大
BLMN
是对方的1.6倍
$622.7M
营收增速更快
BKH
高出6.1%
0.3%
净利率更高
BKH
高出18.2%
-1.4%
自由现金流更多
BLMN
多$165.2M
$-101.5M
两年增速更快
BLMN
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $622.7M | $975.2M |
| 净利润 | $104.9M | $-13.5M |
| 毛利率 | — | 70.2% |
| 营业利润率 | 27.5% | -1.4% |
| 净利率 | 16.8% | -1.4% |
| 营收同比 | 6.4% | 0.3% |
| 净利润同比 | 7.0% | 83.0% |
| 每股收益（稀释后） | $1.39 | $-0.16 |
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BKHBLMN
| Q4 25 | $622.7M | $975.2M | ||
| Q3 25 | $427.4M | $928.8M | ||
| Q2 25 | $435.7M | $1.0B | ||
| Q1 25 | $800.4M | $1.0B | ||
| Q4 24 | $585.1M | $972.0M | ||
| Q3 24 | $398.6M | $910.0M | ||
| Q2 24 | $397.1M | $999.4M | ||
| Q1 24 | $717.2M | $1.1B |
净利润BKHBLMN
| Q4 25 | $104.9M | $-13.5M | ||
| Q3 25 | $24.9M | $-45.9M | ||
| Q2 25 | $27.5M | $25.4M | ||
| Q1 25 | $134.3M | $42.2M | ||
| Q4 24 | $98.0M | $-79.5M | ||
| Q3 24 | $24.4M | $6.9M | ||
| Q2 24 | $22.8M | $28.4M | ||
| Q1 24 | $127.9M | $-83.9M |
毛利率BKHBLMN
| Q4 25 | — | 70.2% | ||
| Q3 25 | — | 70.4% | ||
| Q2 25 | — | 70.2% | ||
| Q1 25 | — | 70.1% | ||
| Q4 24 | — | 71.6% | ||
| Q3 24 | — | 71.3% | ||
| Q2 24 | — | 70.5% | ||
| Q1 24 | — | 70.5% |
营业利润率BKHBLMN
| Q4 25 | 27.5% | -1.4% | ||
| Q3 25 | 18.4% | -3.9% | ||
| Q2 25 | 18.9% | 3.0% | ||
| Q1 25 | 25.6% | 5.5% | ||
| Q4 24 | 27.9% | 1.7% | ||
| Q3 24 | 19.0% | 0.9% | ||
| Q2 24 | 17.8% | 4.4% | ||
| Q1 24 | 27.0% | 6.6% |
净利率BKHBLMN
| Q4 25 | 16.8% | -1.4% | ||
| Q3 25 | 5.8% | -4.9% | ||
| Q2 25 | 6.3% | 2.5% | ||
| Q1 25 | 16.8% | 4.0% | ||
| Q4 24 | 16.7% | -8.2% | ||
| Q3 24 | 6.1% | 0.8% | ||
| Q2 24 | 5.7% | 2.8% | ||
| Q1 24 | 17.8% | -7.8% |
每股收益（稀释后）BKHBLMN
| Q4 25 | $1.39 | $-0.16 | ||
| Q3 25 | $0.34 | $-0.54 | ||
| Q2 25 | $0.38 | $0.30 | ||
| Q1 25 | $1.87 | $0.50 | ||
| Q4 24 | $1.36 | $-0.93 | ||
| Q3 24 | $0.35 | $0.08 | ||
| Q2 24 | $0.33 | $0.32 | ||
| Q1 24 | $1.87 | $-0.96 |
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 | $182.8M | $59.5M |
| 总债务越低越好 | — | $787.4M |
| 股东权益账面价值 | $3.8B | $333.6M |
| 总资产 | $10.9B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 2.36× |
8季度趋势，按日历期对齐
现金及短期投资BKHBLMN
| Q4 25 | $182.8M | $59.5M | ||
| Q3 25 | $21.1M | $66.5M | ||
| Q2 25 | $8.1M | $50.3M | ||
| Q1 25 | $6.6M | $57.7M | ||
| Q4 24 | $16.1M | $70.1M | ||
| Q3 24 | $12.5M | $83.6M | ||
| Q2 24 | $624.8M | $117.9M | ||
| Q1 24 | $123.0M | $131.7M |
总债务BKHBLMN
| Q4 25 | — | $787.4M | ||
| Q3 25 | — | $962.2M | ||
| Q2 25 | — | $917.1M | ||
| Q1 25 | — | $917.6M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $951.8M |
股东权益BKHBLMN
| Q4 25 | $3.8B | $333.6M | ||
| Q3 25 | $3.8B | $344.1M | ||
| Q2 25 | $3.6B | $397.2M | ||
| Q1 25 | $3.6B | $380.6M | ||
| Q4 24 | $3.5B | $135.5M | ||
| Q3 24 | $3.4B | $242.1M | ||
| Q2 24 | $3.4B | $286.8M | ||
| Q1 24 | $3.3B | $302.7M |
总资产BKHBLMN
| Q4 25 | $10.9B | $3.2B | ||
| Q3 25 | $10.3B | $3.3B | ||
| Q2 25 | $10.1B | $3.3B | ||
| Q1 25 | $10.1B | $3.3B | ||
| Q4 24 | $10.0B | $3.4B | ||
| Q3 24 | $9.7B | $3.4B | ||
| Q2 24 | $10.2B | $3.4B | ||
| Q1 24 | $9.7B | $3.4B |
负债/权益比BKHBLMN
| Q4 25 | — | 2.36× | ||
| Q3 25 | — | 2.80× | ||
| Q2 25 | — | 2.31× | ||
| Q1 25 | — | 2.41× | ||
| Q4 24 | — | 7.58× | ||
| Q3 24 | — | 4.51× | ||
| Q2 24 | — | 3.49× | ||
| Q1 24 | — | 3.14× |
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 | $168.1M | $119.1M |
| 自由现金流经营现金流 - 资本支出 | $-101.5M | $63.7M |
| 自由现金流率自由现金流/营收 | -16.3% | 6.5% |
| 资本支出强度资本支出/营收 | 43.3% | 5.7% |
| 现金转化率经营现金流/净利润 | 1.60× | — |
| 过去12个月自由现金流最近4个季度 | $-146.4M | $96.8M |
8季度趋势，按日历期对齐
经营现金流BKHBLMN
| Q4 25 | $168.1M | $119.1M | ||
| Q3 25 | $88.9M | $34.4M | ||
| Q2 25 | $188.6M | $49.7M | ||
| Q1 25 | $227.8M | $73.5M | ||
| Q4 24 | $153.2M | $119.8M | ||
| Q3 24 | $102.1M | $-7.8M | ||
| Q2 24 | $230.6M | $42.4M | ||
| Q1 24 | $233.4M | $73.8M |
自由现金流BKHBLMN
| Q4 25 | $-101.5M | $63.7M | ||
| Q3 25 | $-89.5M | $-5.7M | ||
| Q2 25 | $-30.3M | $11.1M | ||
| Q1 25 | $74.9M | $27.7M | ||
| Q4 24 | $-60.5M | $66.7M | ||
| Q3 24 | $-86.0M | $-67.3M | ||
| Q2 24 | $64.4M | $-12.1M | ||
| Q1 24 | $57.2M | $20.0M |
自由现金流率BKHBLMN
| Q4 25 | -16.3% | 6.5% | ||
| Q3 25 | -20.9% | -0.6% | ||
| Q2 25 | -7.0% | 1.1% | ||
| Q1 25 | 9.4% | 2.6% | ||
| Q4 24 | -10.3% | 6.9% | ||
| Q3 24 | -21.6% | -7.4% | ||
| Q2 24 | 16.2% | -1.2% | ||
| Q1 24 | 8.0% | 1.9% |
资本支出强度BKHBLMN
| Q4 25 | 43.3% | 5.7% | ||
| Q3 25 | 41.7% | 4.3% | ||
| Q2 25 | 50.2% | 3.8% | ||
| Q1 25 | 19.1% | 4.4% | ||
| Q4 24 | 36.5% | 5.5% | ||
| Q3 24 | 47.2% | 6.5% | ||
| Q2 24 | 41.9% | 5.5% | ||
| Q1 24 | 24.6% | 5.0% |
现金转化率BKHBLMN
| Q4 25 | 1.60× | — | ||
| Q3 25 | 3.57× | — | ||
| Q2 25 | 6.86× | 1.95× | ||
| Q1 25 | 1.70× | 1.74× | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | 4.18× | -1.13× | ||
| Q2 24 | 10.11× | 1.49× | ||
| Q1 24 | 1.82× | — |
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
BKH
| Gas Utilities | $391.1M | 63% |
| Retail Electric Natural Gasand Coal | $189.7M | 30% |
| Other | $15.3M | 2% |
| Market Off System Sales | $13.6M | 2% |
| Transferred At Point In Time | $8.9M | 1% |
| Wholesale | $4.9M | 1% |
| Inter Segment Revenues | $2.4M | 0% |
BLMN
| Food And Beverage | $958.0M | 98% |
| Franchiseand Other Revenue | $17.2M | 2% |
| International Franchise Segment | $7.8M | 1% |
