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Bloomin' Brands, Inc.（BLMN）与Brown & Brown（BRO）财务数据对比。点击上方公司名可切换其他公司
Brown & Brown的季度营收约是Bloomin' Brands, Inc.的1.6倍（$1.6B vs $975.2M），Brown & Brown净利率更高（16.5% vs -1.4%，领先17.9%），Brown & Brown同比增速更快（35.8% vs 0.3%），Brown & Brown自由现金流更多（$424.0M vs $63.7M），过去两年Brown & Brown的营收复合增速更高（13.0% vs -4.5%）
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。
Brown & Brown是总部位于美国佛罗里达州代托纳比奇的保险经纪公司，是美国规模最大的独立保险中介机构之一，面向企业、政府机构、专业组织、行业协会及个人客户提供风险管理解决方案、保险产品及相关服务。
BLMN vs BRO — 直观对比
营收规模更大
BRO
是对方的1.6倍
$975.2M
营收增速更快
BRO
高出35.5%
0.3%
净利率更高
BRO
高出17.9%
-1.4%
自由现金流更多
BRO
多$360.3M
$63.7M
两年增速更快
BRO
近两年复合增速
-4.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $975.2M | $1.6B |
| 净利润 | $-13.5M | $265.0M |
| 毛利率 | 70.2% | — |
| 营业利润率 | -1.4% | — |
| 净利率 | -1.4% | 16.5% |
| 营收同比 | 0.3% | 35.8% |
| 净利润同比 | 83.0% | 26.8% |
| 每股收益（稀释后） | $-0.16 | $0.55 |
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BLMNBRO
| Q4 25 | $975.2M | $1.6B | ||
| Q3 25 | $928.8M | $1.6B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $972.0M | $1.2B | ||
| Q3 24 | $910.0M | $1.2B | ||
| Q2 24 | $999.4M | $1.2B | ||
| Q1 24 | $1.1B | $1.3B |
净利润BLMNBRO
| Q4 25 | $-13.5M | $265.0M | ||
| Q3 25 | $-45.9M | $227.0M | ||
| Q2 25 | $25.4M | $231.0M | ||
| Q1 25 | $42.2M | $331.0M | ||
| Q4 24 | $-79.5M | $209.0M | ||
| Q3 24 | $6.9M | $234.0M | ||
| Q2 24 | $28.4M | $257.0M | ||
| Q1 24 | $-83.9M | $293.0M |
毛利率BLMNBRO
| 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BLMNBRO
| Q4 25 | -1.4% | — | ||
| Q3 25 | -3.9% | — | ||
| Q2 25 | 3.0% | — | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | 1.7% | 23.3% | ||
| Q3 24 | 0.9% | 26.7% | ||
| Q2 24 | 4.4% | 29.4% | ||
| Q1 24 | 6.6% | 28.9% |
净利率BLMNBRO
| Q4 25 | -1.4% | 16.5% | ||
| Q3 25 | -4.9% | 14.1% | ||
| Q2 25 | 2.5% | 18.0% | ||
| Q1 25 | 4.0% | 23.6% | ||
| Q4 24 | -8.2% | 17.7% | ||
| Q3 24 | 0.8% | 19.7% | ||
| Q2 24 | 2.8% | 21.8% | ||
| Q1 24 | -7.8% | 23.3% |
每股收益（稀释后）BLMNBRO
| Q4 25 | $-0.16 | $0.55 | ||
| Q3 25 | $-0.54 | $0.68 | ||
| Q2 25 | $0.30 | $0.78 | ||
| Q1 25 | $0.50 | $1.15 | ||
| Q4 24 | $-0.93 | $0.73 | ||
| Q3 24 | $0.08 | $0.81 | ||
| Q2 24 | $0.32 | $0.90 | ||
| Q1 24 | $-0.96 | $1.02 |
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 | $59.5M | $1.1B |
| 总债务越低越好 | $787.4M | $7.6B |
| 股东权益账面价值 | $333.6M | $12.6B |
| 总资产 | $3.2B | $30.0B |
| 负债/权益比越低杠杆越低 | 2.36× | 0.61× |
8季度趋势，按日历期对齐
现金及短期投资BLMNBRO
| Q4 25 | $59.5M | $1.1B | ||
| Q3 25 | $66.5M | $1.2B | ||
| Q2 25 | $50.3M | $8.9B | ||
| Q1 25 | $57.7M | $669.0M | ||
| Q4 24 | $70.1M | $685.0M | ||
| Q3 24 | $83.6M | $968.0M | ||
| Q2 24 | $117.9M | $1.1B | ||
| Q1 24 | $131.7M | $591.0M |
总债务BLMNBRO
| Q4 25 | $787.4M | $7.6B | ||
| Q3 25 | $962.2M | $7.7B | ||
| Q2 25 | $917.1M | $7.5B | ||
| Q1 25 | $917.6M | $3.8B | ||
| Q4 24 | $1.0B | $3.8B | ||
| Q3 24 | $1.1B | $3.6B | ||
| Q2 24 | $1.0B | $4.1B | ||
| Q1 24 | $951.8M | $3.9B |
股东权益BLMNBRO
| Q4 25 | $333.6M | $12.6B | ||
| Q3 25 | $344.1M | $12.4B | ||
| Q2 25 | $397.2M | $11.6B | ||
| Q1 25 | $380.6M | $6.8B | ||
| Q4 24 | $135.5M | $6.4B | ||
| Q3 24 | $242.1M | $6.5B | ||
| Q2 24 | $286.8M | $6.0B | ||
| Q1 24 | $302.7M | $5.8B |
总资产BLMNBRO
| Q4 25 | $3.2B | $30.0B | ||
| Q3 25 | $3.3B | $29.4B | ||
| Q2 25 | $3.3B | $25.6B | ||
| Q1 25 | $3.3B | $16.8B | ||
| Q4 24 | $3.4B | $17.6B | ||
| Q3 24 | $3.4B | $17.5B | ||
| Q2 24 | $3.4B | $15.9B | ||
| Q1 24 | $3.4B | $14.8B |
负债/权益比BLMNBRO
| Q4 25 | 2.36× | 0.61× | ||
| Q3 25 | 2.80× | 0.62× | ||
| Q2 25 | 2.31× | 0.65× | ||
| Q1 25 | 2.41× | 0.56× | ||
| Q4 24 | 7.58× | 0.59× | ||
| Q3 24 | 4.51× | 0.55× | ||
| Q2 24 | 3.49× | 0.68× | ||
| Q1 24 | 3.14× | 0.67× |
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 | $119.1M | $444.0M |
| 自由现金流经营现金流 - 资本支出 | $63.7M | $424.0M |
| 自由现金流率自由现金流/营收 | 6.5% | 26.4% |
| 资本支出强度资本支出/营收 | 5.7% | 1.2% |
| 现金转化率经营现金流/净利润 | — | 1.68× |
| 过去12个月自由现金流最近4个季度 | $96.8M | $1.4B |
8季度趋势，按日历期对齐
经营现金流BLMNBRO
| Q4 25 | $119.1M | $444.0M | ||
| Q3 25 | $34.4M | $468.0M | ||
| Q2 25 | $49.7M | $325.0M | ||
| Q1 25 | $73.5M | $213.0M | ||
| Q4 24 | $119.8M | $361.0M | ||
| Q3 24 | $-7.8M | $440.0M | ||
| Q2 24 | $42.4M | $360.0M | ||
| Q1 24 | $73.8M | $13.0M |
自由现金流BLMNBRO
| Q4 25 | $63.7M | $424.0M | ||
| Q3 25 | $-5.7M | $452.0M | ||
| Q2 25 | $11.1M | $310.0M | ||
| Q1 25 | $27.7M | $196.0M | ||
| Q4 24 | $66.7M | $341.0M | ||
| Q3 24 | $-67.3M | $417.0M | ||
| Q2 24 | $-12.1M | $334.0M | ||
| Q1 24 | $20.0M | $0 |
自由现金流率BLMNBRO
| Q4 25 | 6.5% | 26.4% | ||
| Q3 25 | -0.6% | 28.1% | ||
| Q2 25 | 1.1% | 24.1% | ||
| Q1 25 | 2.6% | 14.0% | ||
| Q4 24 | 6.9% | 28.8% | ||
| Q3 24 | -7.4% | 35.2% | ||
| Q2 24 | -1.2% | 28.4% | ||
| Q1 24 | 1.9% | 0.0% |
资本支出强度BLMNBRO
| Q4 25 | 5.7% | 1.2% | ||
| Q3 25 | 4.3% | 1.0% | ||
| Q2 25 | 3.8% | 1.2% | ||
| Q1 25 | 4.4% | 1.2% | ||
| Q4 24 | 5.5% | 1.7% | ||
| Q3 24 | 6.5% | 1.9% | ||
| Q2 24 | 5.5% | 2.2% | ||
| Q1 24 | 5.0% | 1.0% |
现金转化率BLMNBRO
| Q4 25 | — | 1.68× | ||
| Q3 25 | — | 2.06× | ||
| Q2 25 | 1.95× | 1.41× | ||
| Q1 25 | 1.74× | 0.64× | ||
| Q4 24 | — | 1.73× | ||
| Q3 24 | -1.13× | 1.88× | ||
| Q2 24 | 1.49× | 1.40× | ||
| Q1 24 | — | 0.04× |
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
BLMN
| Food And Beverage | $958.0M | 98% |
| Franchiseand Other Revenue | $17.2M | 2% |
| International Franchise Segment | $7.8M | 1% |
BRO
| US | $1.4B | 87% |
| GB | $147.0M | 9% |
| Profit Sharing Contingent Commission Revenue | $33.0M | 2% |
| Other Supplemental Commissions Revenue | $25.0M | 2% |
