vs
BELLRING BRANDS, INC.（BRBR）与可口可乐公司（KO）财务数据对比。点击上方公司名可切换其他公司
可口可乐公司的季度营收约是BELLRING BRANDS, INC.的22.0倍（$11.8B vs $537.3M）。可口可乐公司净利率更高（19.2% vs 8.1%，领先11.1%）。可口可乐公司同比增速更快（2.4% vs 0.8%）。可口可乐公司自由现金流更多（$2.9B vs $-7.3M）。过去两年BELLRING BRANDS, INC.的营收复合增速更高（4.2% vs 2.3%）
Bellring Brands是一家知名营养食品企业，研发、生产及销售蛋白饮料、蛋白棒、蛋白粉等功能性营养产品，旗下拥有Premier Protein、Dymatize等知名品牌，主要面向北美市场的健康及运动爱好者，通过零售、电商等多渠道发售。
可口可乐公司是1892年成立的美国跨国企业，总部位于佐治亚州亚特兰大。公司主营含可口可乐在内的软饮、各类非酒精饮料浓缩液、糖浆及酒精饮料的生产、销售与营销，股票在纽交所上市，是道琼斯工业平均指数、标普500及标普100指数成分股。
BRBR vs KO — 直观对比
营收规模更大
KO
是对方的22.0倍
$537.3M
营收增速更快
KO
高出1.6%
0.8%
净利率更高
KO
高出11.1%
8.1%
自由现金流更多
KO
多$2.9B
$-7.3M
两年增速更快
BRBR
近两年复合增速
2.3%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $537.3M | $11.8B |
| 净利润 | $43.7M | $2.3B |
| 毛利率 | 29.9% | 60.0% |
| 营业利润率 | 14.6% | 15.6% |
| 净利率 | 8.1% | 19.2% |
| 营收同比 | 0.8% | 2.4% |
| 净利润同比 | -43.2% | 3.5% |
| 每股收益（稀释后） | $0.36 | $0.53 |
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BRBRKO
| Q4 25 | $537.3M | $11.8B | ||
| Q3 25 | $648.2M | $12.5B | ||
| Q2 25 | $547.5M | $12.5B | ||
| Q1 25 | $588.0M | $11.1B | ||
| Q4 24 | $532.9M | $11.5B | ||
| Q3 24 | $555.8M | $11.9B | ||
| Q2 24 | $515.4M | $12.4B | ||
| Q1 24 | $494.6M | $11.3B |
净利润BRBRKO
| Q4 25 | $43.7M | $2.3B | ||
| Q3 25 | $59.6M | $3.7B | ||
| Q2 25 | $21.0M | $3.8B | ||
| Q1 25 | $58.7M | $3.3B | ||
| Q4 24 | $76.9M | $2.2B | ||
| Q3 24 | $71.7M | $2.8B | ||
| Q2 24 | $73.7M | $2.4B | ||
| Q1 24 | $57.2M | $3.2B |
毛利率BRBRKO
| Q4 25 | 29.9% | 60.0% | ||
| Q3 25 | 28.9% | 61.5% | ||
| Q2 25 | 35.4% | 62.4% | ||
| Q1 25 | 32.3% | 62.6% | ||
| Q4 24 | 37.5% | 60.0% | ||
| Q3 24 | 36.9% | 60.7% | ||
| Q2 24 | 36.8% | 61.1% | ||
| Q1 24 | 33.2% | 62.5% |
营业利润率BRBRKO
| Q4 25 | 14.6% | 15.6% | ||
| Q3 25 | 15.8% | 32.0% | ||
| Q2 25 | 8.2% | 34.1% | ||
| Q1 25 | 16.2% | 32.9% | ||
| Q4 24 | 21.6% | 23.5% | ||
| Q3 24 | 20.2% | 21.2% | ||
| Q2 24 | 21.7% | 21.3% | ||
| Q1 24 | 18.4% | 18.9% |
净利率BRBRKO
| Q4 25 | 8.1% | 19.2% | ||
| Q3 25 | 9.2% | 29.7% | ||
| Q2 25 | 3.8% | 30.4% | ||
| Q1 25 | 10.0% | 29.9% | ||
| Q4 24 | 14.4% | 19.0% | ||
| Q3 24 | 12.9% | 24.0% | ||
| Q2 24 | 14.3% | 19.5% | ||
| Q1 24 | 11.6% | 28.1% |
每股收益（稀释后）BRBRKO
| Q4 25 | $0.36 | $0.53 | ||
| Q3 25 | $0.48 | $0.86 | ||
| Q2 25 | $0.16 | $0.88 | ||
| Q1 25 | $0.45 | $0.77 | ||
| Q4 24 | $0.59 | $0.50 | ||
| Q3 24 | $0.54 | $0.66 | ||
| Q2 24 | $0.56 | $0.56 | ||
| Q1 24 | $0.43 | $0.74 |
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 | $64.1M | $10.3B |
| 总债务越低越好 | $1.2B | $42.1B |
| 股东权益账面价值 | $-510.7M | $32.2B |
| 总资产 | $1.1B | $104.8B |
| 负债/权益比越低杠杆越低 | — | 1.31× |
8季度趋势，按日历期对齐
现金及短期投资BRBRKO
| Q4 25 | $64.1M | $10.3B | ||
| Q3 25 | $71.8M | $12.7B | ||
| Q2 25 | $43.7M | $9.6B | ||
| Q1 25 | $28.1M | $8.4B | ||
| Q4 24 | $49.6M | $10.8B | ||
| Q3 24 | $70.8M | $13.9B | ||
| Q2 24 | $72.6M | $13.7B | ||
| Q1 24 | $79.3M | $10.4B |
总债务BRBRKO
| Q4 25 | $1.2B | $42.1B | ||
| Q3 25 | $1.1B | $43.2B | ||
| Q2 25 | $1.0B | $45.0B | ||
| Q1 25 | $953.7M | $43.5B | ||
| Q4 24 | $833.4M | $42.4B | ||
| Q3 24 | $833.1M | $43.0B | ||
| Q2 24 | $832.7M | $38.1B | ||
| Q1 24 | $832.4M | $36.5B |
股东权益BRBRKO
| Q4 25 | $-510.7M | $32.2B | ||
| Q3 25 | $-453.9M | $31.2B | ||
| Q2 25 | $-309.9M | $28.6B | ||
| Q1 25 | $-254.1M | $26.2B | ||
| Q4 24 | $-146.6M | $24.9B | ||
| Q3 24 | $-205.9M | $26.5B | ||
| Q2 24 | $-243.2M | $25.9B | ||
| Q1 24 | $-247.7M | $26.4B |
总资产BRBRKO
| Q4 25 | $1.1B | $104.8B | ||
| Q3 25 | $941.0M | $106.0B | ||
| Q2 25 | $993.7M | $104.3B | ||
| Q1 25 | $947.5M | $101.7B | ||
| Q4 24 | $885.2M | $100.5B | ||
| Q3 24 | $837.0M | $106.3B | ||
| Q2 24 | $804.1M | $101.2B | ||
| Q1 24 | $765.0M | $99.4B |
负债/权益比BRBRKO
| Q4 25 | — | 1.31× | ||
| Q3 25 | — | 1.38× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 1.66× | ||
| Q4 24 | — | 1.70× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | 1.47× | ||
| Q1 24 | — | 1.38× |
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 | $-3.1M | $3.8B |
| 自由现金流经营现金流 - 资本支出 | $-7.3M | $2.9B |
| 自由现金流率自由现金流/营收 | -1.4% | 24.3% |
| 资本支出强度资本支出/营收 | 0.8% | 7.5% |
| 现金转化率经营现金流/净利润 | -0.07× | 1.65× |
| 过去12个月自由现金流最近4个季度 | $246.9M | $5.3B |
8季度趋势，按日历期对齐
经营现金流BRBRKO
| Q4 25 | $-3.1M | $3.8B | ||
| Q3 25 | $169.1M | $5.0B | ||
| Q2 25 | $40.3M | $3.8B | ||
| Q1 25 | $48.2M | $-5.2B | ||
| Q4 24 | $3.0M | $4.0B | ||
| Q3 24 | $40.1M | $-1.3B | ||
| Q2 24 | $69.0M | $3.6B | ||
| Q1 24 | $16.3M | $528.0M |
自由现金流BRBRKO
| Q4 25 | $-7.3M | $2.9B | ||
| Q3 25 | $168.1M | $4.6B | ||
| Q2 25 | $38.5M | $3.4B | ||
| Q1 25 | $47.6M | $-5.5B | ||
| Q4 24 | $1.7M | $3.1B | ||
| Q3 24 | $38.9M | $-1.7B | ||
| Q2 24 | $68.9M | $3.2B | ||
| Q1 24 | $16.0M | $158.0M |
自由现金流率BRBRKO
| Q4 25 | -1.4% | 24.3% | ||
| Q3 25 | 25.9% | 36.6% | ||
| Q2 25 | 7.0% | 26.9% | ||
| Q1 25 | 8.1% | -49.5% | ||
| Q4 24 | 0.3% | 27.3% | ||
| Q3 24 | 7.0% | -14.6% | ||
| Q2 24 | 13.4% | 25.6% | ||
| Q1 24 | 3.2% | 1.4% |
资本支出强度BRBRKO
| Q4 25 | 0.8% | 7.5% | ||
| Q3 25 | 0.2% | 3.8% | ||
| Q2 25 | 0.3% | 3.5% | ||
| Q1 25 | 0.1% | 2.8% | ||
| Q4 24 | 0.2% | 7.0% | ||
| Q3 24 | 0.2% | 4.0% | ||
| Q2 24 | 0.0% | 3.4% | ||
| Q1 24 | 0.1% | 3.3% |
现金转化率BRBRKO
| Q4 25 | -0.07× | 1.65× | ||
| Q3 25 | 2.84× | 1.36× | ||
| Q2 25 | 1.92× | 1.00× | ||
| Q1 25 | 0.82× | -1.56× | ||
| Q4 24 | 0.04× | 1.80× | ||
| Q3 24 | 0.56× | -0.44× | ||
| Q2 24 | 0.94× | 1.49× | ||
| Q1 24 | 0.28× | 0.17× |
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
BRBR
| Shakesandotherbeverages | $432.4M | 80% |
| Powders | $92.1M | 17% |
| Other Products | $12.8M | 2% |
KO
| Other | $7.0B | 59% |
| Finished Product Operations | $2.4B | 21% |
| Concentrate Operations | $2.4B | 20% |
