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Bloomin' Brands, Inc.（BLMN）与百胜中国（YUMC）财务数据对比。点击上方公司名可切换其他公司
百胜中国的季度营收约是Bloomin' Brands, Inc.的2.9倍（$2.8B vs $975.2M）。百胜中国净利率更高（5.0% vs -1.4%，领先6.3%）。百胜中国同比增速更快（8.8% vs 0.3%）。Bloomin' Brands, Inc.自由现金流更多（$63.7M vs $-116.0M）。过去两年百胜中国的营收复合增速更高（-2.3% 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。
百胜中国是总部位于上海的世界500强快餐企业，2016年从百胜餐饮集团分拆独立上市，获百胜餐饮集团商标授权，按全系统销售额的3%支付授权费。目前在国内1100多座城市运营超8400家餐厅，全球门店总数超10600家，年营收达95亿美元，是全球规模最大的餐饮企业之一。
BLMN vs YUMC — 直观对比
营收规模更大
YUMC
是对方的2.9倍
$975.2M
营收增速更快
YUMC
高出8.5%
0.3%
净利率更高
YUMC
高出6.3%
-1.4%
自由现金流更多
BLMN
多$179.7M
$-116.0M
两年增速更快
YUMC
近两年复合增速
-4.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $975.2M | $2.8B |
| 净利润 | $-13.5M | $140.0M |
| 毛利率 | 70.2% | — |
| 营业利润率 | -1.4% | 6.6% |
| 净利率 | -1.4% | 5.0% |
| 营收同比 | 0.3% | 8.8% |
| 净利润同比 | 83.0% | 21.7% |
| 每股收益（稀释后） | $-0.16 | $0.40 |
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BLMNYUMC
| Q4 25 | $975.2M | $2.8B | ||
| Q3 25 | $928.8M | $3.2B | ||
| Q2 25 | $1.0B | $2.8B | ||
| Q1 25 | $1.0B | $3.0B | ||
| Q4 24 | $972.0M | $2.6B | ||
| Q3 24 | $910.0M | $3.1B | ||
| Q2 24 | $999.4M | $2.7B | ||
| Q1 24 | $1.1B | $3.0B |
净利润BLMNYUMC
| Q4 25 | $-13.5M | $140.0M | ||
| Q3 25 | $-45.9M | $282.0M | ||
| Q2 25 | $25.4M | $215.0M | ||
| Q1 25 | $42.2M | $292.0M | ||
| Q4 24 | $-79.5M | $115.0M | ||
| Q3 24 | $6.9M | $297.0M | ||
| Q2 24 | $28.4M | $212.0M | ||
| Q1 24 | $-83.9M | $287.0M |
毛利率BLMNYUMC
| 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BLMNYUMC
| Q4 25 | -1.4% | 6.6% | ||
| Q3 25 | -3.9% | 12.5% | ||
| Q2 25 | 3.0% | 10.9% | ||
| Q1 25 | 5.5% | 13.4% | ||
| Q4 24 | 1.7% | 5.8% | ||
| Q3 24 | 0.9% | 12.1% | ||
| Q2 24 | 4.4% | 9.9% | ||
| Q1 24 | 6.6% | 12.6% |
净利率BLMNYUMC
| Q4 25 | -1.4% | 5.0% | ||
| Q3 25 | -4.9% | 8.8% | ||
| Q2 25 | 2.5% | 7.7% | ||
| Q1 25 | 4.0% | 9.8% | ||
| Q4 24 | -8.2% | 4.4% | ||
| Q3 24 | 0.8% | 9.7% | ||
| Q2 24 | 2.8% | 7.9% | ||
| Q1 24 | -7.8% | 9.7% |
每股收益（稀释后）BLMNYUMC
| Q4 25 | $-0.16 | $0.40 | ||
| Q3 25 | $-0.54 | $0.76 | ||
| Q2 25 | $0.30 | $0.58 | ||
| Q1 25 | $0.50 | $0.77 | ||
| Q4 24 | $-0.93 | $0.30 | ||
| Q3 24 | $0.08 | $0.77 | ||
| Q2 24 | $0.32 | $0.55 | ||
| Q1 24 | $-0.96 | $0.71 |
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 | $1.4B |
| 总债务越低越好 | $787.4M | — |
| 股东权益账面价值 | $333.6M | $5.4B |
| 总资产 | $3.2B | $10.8B |
| 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BLMNYUMC
| Q4 25 | $59.5M | $1.4B | ||
| Q3 25 | $66.5M | $2.1B | ||
| Q2 25 | $50.3M | $2.2B | ||
| Q1 25 | $57.7M | $2.0B | ||
| Q4 24 | $70.1M | $1.8B | ||
| Q3 24 | $83.6M | $2.5B | ||
| Q2 24 | $117.9M | $2.5B | ||
| Q1 24 | $131.7M | $2.4B |
总债务BLMNYUMC
| 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BLMNYUMC
| Q4 25 | $333.6M | $5.4B | ||
| Q3 25 | $344.1M | $5.7B | ||
| Q2 25 | $397.2M | $5.8B | ||
| Q1 25 | $380.6M | $5.8B | ||
| Q4 24 | $135.5M | $5.7B | ||
| Q3 24 | $242.1M | $6.0B | ||
| Q2 24 | $286.8M | $5.8B | ||
| Q1 24 | $302.7M | $5.9B |
总资产BLMNYUMC
| Q4 25 | $3.2B | $10.8B | ||
| Q3 25 | $3.3B | $11.0B | ||
| Q2 25 | $3.3B | $11.0B | ||
| Q1 25 | $3.3B | $11.0B | ||
| Q4 24 | $3.4B | $11.1B | ||
| Q3 24 | $3.4B | $11.8B | ||
| Q2 24 | $3.4B | $11.6B | ||
| Q1 24 | $3.4B | $11.3B |
负债/权益比BLMNYUMC
| 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 | $119.1M | $125.0M |
| 自由现金流经营现金流 - 资本支出 | $63.7M | $-116.0M |
| 自由现金流率自由现金流/营收 | 6.5% | -4.1% |
| 资本支出强度资本支出/营收 | 5.7% | 8.5% |
| 现金转化率经营现金流/净利润 | — | 0.89× |
| 过去12个月自由现金流最近4个季度 | $96.8M | $840.0M |
8季度趋势，按日历期对齐
经营现金流BLMNYUMC
| Q4 25 | $119.1M | $125.0M | ||
| Q3 25 | $34.4M | $477.0M | ||
| Q2 25 | $49.7M | $412.0M | ||
| Q1 25 | $73.5M | $452.0M | ||
| Q4 24 | $119.8M | $167.0M | ||
| Q3 24 | $-7.8M | $409.0M | ||
| Q2 24 | $42.4M | $401.0M | ||
| Q1 24 | $73.8M | $442.0M |
自由现金流BLMNYUMC
| Q4 25 | $63.7M | $-116.0M | ||
| Q3 25 | $-5.7M | $351.0M | ||
| Q2 25 | $11.1M | $290.0M | ||
| Q1 25 | $27.7M | $315.0M | ||
| Q4 24 | $66.7M | $-15.0M | ||
| Q3 24 | $-67.3M | $244.0M | ||
| Q2 24 | $-12.1M | $232.0M | ||
| Q1 24 | $20.0M | $253.0M |
自由现金流率BLMNYUMC
| Q4 25 | 6.5% | -4.1% | ||
| Q3 25 | -0.6% | 10.9% | ||
| Q2 25 | 1.1% | 10.4% | ||
| Q1 25 | 2.6% | 10.6% | ||
| Q4 24 | 6.9% | -0.6% | ||
| Q3 24 | -7.4% | 7.9% | ||
| Q2 24 | -1.2% | 8.7% | ||
| Q1 24 | 1.9% | 8.6% |
资本支出强度BLMNYUMC
| Q4 25 | 5.7% | 8.5% | ||
| Q3 25 | 4.3% | 3.9% | ||
| Q2 25 | 3.8% | 4.4% | ||
| Q1 25 | 4.4% | 4.6% | ||
| Q4 24 | 5.5% | 7.0% | ||
| Q3 24 | 6.5% | 5.4% | ||
| Q2 24 | 5.5% | 6.3% | ||
| Q1 24 | 5.0% | 6.4% |
现金转化率BLMNYUMC
| Q4 25 | — | 0.89× | ||
| Q3 25 | — | 1.69× | ||
| Q2 25 | 1.95× | 1.92× | ||
| Q1 25 | 1.74× | 1.55× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | -1.13× | 1.38× | ||
| Q2 24 | 1.49× | 1.89× | ||
| Q1 24 | — | 1.54× |
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% |
YUMC
| Revenue From External Customers | $2.1B | 75% |
| Pizza Hut | $540.0M | 19% |
| Corporate And Unallocated | $105.0M | 4% |
| Other Revenue | $45.0M | 2% |
| Franchise Fees And Income | $25.0M | 1% |
