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Builders FirstSource（BLDR）与PILGRIMS PRIDE CORP（PPC）财务数据对比。点击上方公司名可切换其他公司
PILGRIMS PRIDE CORP的季度营收约是Builders FirstSource的1.3倍（$4.5B vs $3.4B），PILGRIMS PRIDE CORP净利率更高（1.9% vs 0.9%，领先1.0%），PILGRIMS PRIDE CORP同比增速更快（3.3% vs -12.1%），Builders FirstSource自由现金流更多（$106.7M vs $10.0M），过去两年PILGRIMS PRIDE CORP的营收复合增速更高（1.8% vs -7.1%）
Builders FirstSource是财富500强企业，成立于1998年3月，总部位于美国得克萨斯州欧文，是美国规模最大的建筑产品、预制构件及增值服务供应商，同时生产制造建筑材料。公司在全美拥有超1.5万名员工，服务于新建住宅施工、维修及翻新领域的专业客户。
Pilgrim's Pride是美国跨国食品企业，为美国及波多黎各最大的鸡肉生产商之一，同时是墨西哥第二大鸡肉生产商。公司2009年12月脱离破产状态，2011年将美国总部迁至科罗拉多州格里利，由JBS集团控股，2016年11月底以3.5亿美元收购Gold'n Plump。
BLDR vs PPC — 直观对比
营收规模更大
PPC
是对方的1.3倍
$3.4B
营收增速更快
PPC
高出15.4%
-12.1%
净利率更高
PPC
高出1.0%
0.9%
自由现金流更多
BLDR
多$96.7M
$10.0M
两年增速更快
PPC
近两年复合增速
-7.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $4.5B |
| 净利润 | $31.5M | $88.0M |
| 毛利率 | 29.8% | 9.5% |
| 营业利润率 | 1.8% | 4.5% |
| 净利率 | 0.9% | 1.9% |
| 营收同比 | -12.1% | 3.3% |
| 净利润同比 | -83.5% | -62.7% |
| 每股收益（稀释后） | $0.29 | $0.37 |
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BLDRPPC
| Q4 25 | $3.4B | $4.5B | ||
| Q3 25 | $3.9B | $4.8B | ||
| Q2 25 | $4.2B | $4.8B | ||
| Q1 25 | $3.7B | $4.5B | ||
| Q4 24 | $3.8B | $4.4B | ||
| Q3 24 | $4.2B | $4.6B | ||
| Q2 24 | $4.5B | $4.6B | ||
| Q1 24 | $3.9B | $4.4B |
净利润BLDRPPC
| Q4 25 | $31.5M | $88.0M | ||
| Q3 25 | $122.4M | $342.8M | ||
| Q2 25 | $185.0M | $355.5M | ||
| Q1 25 | $96.3M | $296.0M | ||
| Q4 24 | $190.2M | $235.9M | ||
| Q3 24 | $284.8M | $349.9M | ||
| Q2 24 | $344.1M | $326.3M | ||
| Q1 24 | $258.8M | $174.4M |
毛利率BLDRPPC
| Q4 25 | 29.8% | 9.5% | ||
| Q3 25 | 30.4% | 13.9% | ||
| Q2 25 | 30.7% | 15.0% | ||
| Q1 25 | 30.5% | 12.4% | ||
| Q4 24 | 32.3% | 12.7% | ||
| Q3 24 | 32.8% | 14.9% | ||
| Q2 24 | 32.8% | 15.2% | ||
| Q1 24 | 33.4% | 8.8% |
营业利润率BLDRPPC
| Q4 25 | 1.8% | 4.5% | ||
| Q3 25 | 5.8% | 10.4% | ||
| Q2 25 | 7.4% | 10.8% | ||
| Q1 25 | 5.0% | 9.1% | ||
| Q4 24 | 8.0% | 7.0% | ||
| Q3 24 | 10.1% | 11.1% | ||
| Q2 24 | 11.0% | 9.7% | ||
| Q1 24 | 9.6% | 5.7% |
净利率BLDRPPC
| Q4 25 | 0.9% | 1.9% | ||
| Q3 25 | 3.1% | 7.2% | ||
| Q2 25 | 4.4% | 7.5% | ||
| Q1 25 | 2.6% | 6.6% | ||
| Q4 24 | 5.0% | 5.4% | ||
| Q3 24 | 6.7% | 7.6% | ||
| Q2 24 | 7.7% | 7.2% | ||
| Q1 24 | 6.7% | 4.0% |
每股收益（稀释后）BLDRPPC
| Q4 25 | $0.29 | $0.37 | ||
| Q3 25 | $1.10 | $1.44 | ||
| Q2 25 | $1.66 | $1.49 | ||
| Q1 25 | $0.84 | $1.24 | ||
| Q4 24 | $1.65 | $1.00 | ||
| Q3 24 | $2.44 | $1.47 | ||
| Q2 24 | $2.87 | $1.37 | ||
| Q1 24 | $2.10 | $0.73 |
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 | $181.8M | $640.2M |
| 总债务越低越好 | $4.4B | $3.1B |
| 股东权益账面价值 | $4.4B | $3.7B |
| 总资产 | $11.2B | $10.3B |
| 负债/权益比越低杠杆越低 | 1.02× | 0.84× |
8季度趋势，按日历期对齐
现金及短期投资BLDRPPC
| Q4 25 | $181.8M | $640.2M | ||
| Q3 25 | $296.2M | $612.6M | ||
| Q2 25 | $87.0M | $849.0M | ||
| Q1 25 | $115.4M | $2.1B | ||
| Q4 24 | $153.6M | $2.0B | ||
| Q3 24 | $328.1M | $1.9B | ||
| Q2 24 | $75.6M | $1.3B | ||
| Q1 24 | $697.5M | $870.8M |
总债务BLDRPPC
| Q4 25 | $4.4B | $3.1B | ||
| Q3 25 | $4.4B | $3.1B | ||
| Q2 25 | $4.7B | $3.1B | ||
| Q1 25 | $4.5B | $3.2B | ||
| Q4 24 | $3.7B | $3.2B | ||
| Q3 24 | $3.7B | $3.2B | ||
| Q2 24 | $3.8B | $3.2B | ||
| Q1 24 | $3.7B | $3.3B |
股东权益BLDRPPC
| Q4 25 | $4.4B | $3.7B | ||
| Q3 25 | $4.3B | $3.5B | ||
| Q2 25 | $4.2B | $3.7B | ||
| Q1 25 | $4.4B | $3.1B | ||
| Q4 24 | $4.3B | $4.2B | ||
| Q3 24 | $4.4B | $4.2B | ||
| Q2 24 | $4.3B | $3.7B | ||
| Q1 24 | $5.0B | $3.5B |
总资产BLDRPPC
| Q4 25 | $11.2B | $10.3B | ||
| Q3 25 | $11.4B | $10.0B | ||
| Q2 25 | $11.5B | $10.1B | ||
| Q1 25 | $11.4B | $11.0B | ||
| Q4 24 | $10.6B | $10.7B | ||
| Q3 24 | $10.9B | $10.7B | ||
| Q2 24 | $10.7B | $10.1B | ||
| Q1 24 | $11.2B | $9.8B |
负债/权益比BLDRPPC
| Q4 25 | 1.02× | 0.84× | ||
| Q3 25 | 1.03× | 0.87× | ||
| Q2 25 | 1.12× | 0.83× | ||
| Q1 25 | 1.02× | 1.02× | ||
| Q4 24 | 0.86× | 0.76× | ||
| Q3 24 | 0.83× | 0.76× | ||
| Q2 24 | 0.88× | 0.85× | ||
| Q1 24 | 0.75× | 0.96× |
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 | $194.8M | $291.2M |
| 自由现金流经营现金流 - 资本支出 | $106.7M | $10.0M |
| 自由现金流率自由现金流/营收 | 3.2% | 0.2% |
| 资本支出强度资本支出/营收 | 2.6% | 6.2% |
| 现金转化率经营现金流/净利润 | 6.19× | 3.31× |
| 过去12个月自由现金流最近4个季度 | $853.3M | $653.1M |
8季度趋势，按日历期对齐
经营现金流BLDRPPC
| Q4 25 | $194.8M | $291.2M | ||
| Q3 25 | $547.7M | $458.3M | ||
| Q2 25 | $341.0M | $495.2M | ||
| Q1 25 | $132.3M | $126.9M | ||
| Q4 24 | $373.5M | $349.3M | ||
| Q3 24 | $730.0M | $651.1M | ||
| Q2 24 | $452.1M | $718.6M | ||
| Q1 24 | $317.2M | $271.0M |
自由现金流BLDRPPC
| Q4 25 | $106.7M | $10.0M | ||
| Q3 25 | $461.9M | $275.9M | ||
| Q2 25 | $252.3M | $339.1M | ||
| Q1 25 | $32.4M | $28.1M | ||
| Q4 24 | $273.8M | $176.6M | ||
| Q3 24 | $630.4M | $565.3M | ||
| Q2 24 | $364.0M | $617.7M | ||
| Q1 24 | $224.0M | $171.9M |
自由现金流率BLDRPPC
| Q4 25 | 3.2% | 0.2% | ||
| Q3 25 | 11.7% | 5.8% | ||
| Q2 25 | 6.0% | 7.1% | ||
| Q1 25 | 0.9% | 0.6% | ||
| Q4 24 | 7.2% | 4.0% | ||
| Q3 24 | 14.9% | 12.3% | ||
| Q2 24 | 8.2% | 13.5% | ||
| Q1 24 | 5.8% | 3.9% |
资本支出强度BLDRPPC
| Q4 25 | 2.6% | 6.2% | ||
| Q3 25 | 2.2% | 3.8% | ||
| Q2 25 | 2.1% | 3.3% | ||
| Q1 25 | 2.7% | 2.2% | ||
| Q4 24 | 2.6% | 4.0% | ||
| Q3 24 | 2.4% | 1.9% | ||
| Q2 24 | 2.0% | 2.2% | ||
| Q1 24 | 2.4% | 2.3% |
现金转化率BLDRPPC
| Q4 25 | 6.19× | 3.31× | ||
| Q3 25 | 4.48× | 1.34× | ||
| Q2 25 | 1.84× | 1.39× | ||
| Q1 25 | 1.37× | 0.43× | ||
| Q4 24 | 1.96× | 1.48× | ||
| Q3 24 | 2.56× | 1.86× | ||
| Q2 24 | 1.31× | 2.20× | ||
| Q1 24 | 1.23× | 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
BLDR
| Specialty Building Products And Services | $949.0M | 28% |
| Windows Doors And Millwork | $893.5M | 27% |
| Lumber And Lumber Sheet Goods | $772.6M | 23% |
| Manufactured Products | $742.8M | 22% |
PPC
| Retail | $1.5B | 33% |
| Europe Reportable Segment | $1.4B | 31% |
| Food Service | $889.2M | 20% |
| Prepared Product | $332.8M | 7% |
| Product Export | $122.7M | 3% |
| Other Sales Channel | $96.0M | 2% |
| Other Product And Service | $79.7M | 2% |
| Related Party | $21.7M | 0% |
| Seara Meats B.V. | $18.9M | 0% |
| Penasul UKLTD | $10.3M | 0% |
| JBSUSA Food Company | $5.4M | 0% |
