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BELLRING BRANDS, INC.（BRBR）与LCI INDUSTRIES（LCII）财务数据对比。点击上方公司名可切换其他公司
LCI INDUSTRIES的季度营收约是BELLRING BRANDS, INC.的1.7倍（$932.7M vs $537.3M），BELLRING BRANDS, INC.净利率更高（8.1% vs 2.0%，领先6.1%），LCI INDUSTRIES同比增速更快（16.1% vs 0.8%），LCI INDUSTRIES自由现金流更多（$64.3M vs $-7.3M），过去两年BELLRING BRANDS, INC.的营收复合增速更高（4.2% vs -1.8%）
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。
拉奇核心工业有限公司前身为巴基斯坦帝国化学工业公司，是一家总部位于卡拉奇的巴基斯坦综合性企业集团，业务覆盖聚酯、医药、农用化学品、纯碱及兽药等多品类产品的研发生产，在巴基斯坦本土工业领域拥有重要市场地位。
BRBR vs LCII — 直观对比
营收规模更大
LCII
是对方的1.7倍
$537.3M
营收增速更快
LCII
高出15.3%
0.8%
净利率更高
BRBR
高出6.1%
2.0%
自由现金流更多
LCII
多$71.6M
$-7.3M
两年增速更快
BRBR
近两年复合增速
-1.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $537.3M | $932.7M |
| 净利润 | $43.7M | $18.7M |
| 毛利率 | 29.9% | 22.1% |
| 营业利润率 | 14.6% | 3.8% |
| 净利率 | 8.1% | 2.0% |
| 营收同比 | 0.8% | 16.1% |
| 净利润同比 | -43.2% | 95.7% |
| 每股收益（稀释后） | $0.36 | $0.79 |
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BRBRLCII
| Q4 25 | $537.3M | $932.7M | ||
| Q3 25 | $648.2M | $1.0B | ||
| Q2 25 | $547.5M | $1.1B | ||
| Q1 25 | $588.0M | $1.0B | ||
| Q4 24 | $532.9M | $803.1M | ||
| Q3 24 | $555.8M | $915.5M | ||
| Q2 24 | $515.4M | $1.1B | ||
| Q1 24 | $494.6M | $968.0M |
净利润BRBRLCII
| Q4 25 | $43.7M | $18.7M | ||
| Q3 25 | $59.6M | $62.5M | ||
| Q2 25 | $21.0M | $57.6M | ||
| Q1 25 | $58.7M | $49.4M | ||
| Q4 24 | $76.9M | $9.5M | ||
| Q3 24 | $71.7M | $35.6M | ||
| Q2 24 | $73.7M | $61.2M | ||
| Q1 24 | $57.2M | $36.5M |
毛利率BRBRLCII
| Q4 25 | 29.9% | 22.1% | ||
| Q3 25 | 28.9% | 24.4% | ||
| Q2 25 | 35.4% | 24.4% | ||
| Q1 25 | 32.3% | 24.1% | ||
| Q4 24 | 37.5% | 21.1% | ||
| Q3 24 | 36.9% | 24.0% | ||
| Q2 24 | 36.8% | 25.3% | ||
| Q1 24 | 33.2% | 23.1% |
营业利润率BRBRLCII
| Q4 25 | 14.6% | 3.8% | ||
| Q3 25 | 15.8% | 7.3% | ||
| Q2 25 | 8.2% | 7.9% | ||
| Q1 25 | 16.2% | 7.8% | ||
| Q4 24 | 21.6% | 2.0% | ||
| Q3 24 | 20.2% | 5.9% | ||
| Q2 24 | 21.7% | 8.6% | ||
| Q1 24 | 18.4% | 6.0% |
净利率BRBRLCII
| Q4 25 | 8.1% | 2.0% | ||
| Q3 25 | 9.2% | 6.0% | ||
| Q2 25 | 3.8% | 5.2% | ||
| Q1 25 | 10.0% | 4.7% | ||
| Q4 24 | 14.4% | 1.2% | ||
| Q3 24 | 12.9% | 3.9% | ||
| Q2 24 | 14.3% | 5.8% | ||
| Q1 24 | 11.6% | 3.8% |
每股收益（稀释后）BRBRLCII
| Q4 25 | $0.36 | $0.79 | ||
| Q3 25 | $0.48 | $2.55 | ||
| Q2 25 | $0.16 | $2.29 | ||
| Q1 25 | $0.45 | $1.94 | ||
| Q4 24 | $0.59 | $0.37 | ||
| Q3 24 | $0.54 | $1.39 | ||
| Q2 24 | $0.56 | $2.40 | ||
| Q1 24 | $0.43 | $1.44 |
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 | $222.6M |
| 总债务越低越好 | $1.2B | $945.2M |
| 股东权益账面价值 | $-510.7M | $1.4B |
| 总资产 | $1.1B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资BRBRLCII
| Q4 25 | $64.1M | $222.6M | ||
| Q3 25 | $71.8M | $199.7M | ||
| Q2 25 | $43.7M | $191.9M | ||
| Q1 25 | $28.1M | $231.2M | ||
| Q4 24 | $49.6M | $165.8M | ||
| Q3 24 | $70.8M | $161.2M | ||
| Q2 24 | $72.6M | $130.4M | ||
| Q1 24 | $79.3M | $22.6M |
总债务BRBRLCII
| Q4 25 | $1.2B | $945.2M | ||
| Q3 25 | $1.1B | $947.8M | ||
| Q2 25 | $1.0B | $948.0M | ||
| Q1 25 | $953.7M | $938.3M | ||
| Q4 24 | $833.4M | $757.3M | ||
| Q3 24 | $833.1M | $822.5M | ||
| Q2 24 | $832.7M | $829.7M | ||
| Q1 24 | $832.4M | $855.3M |
股东权益BRBRLCII
| Q4 25 | $-510.7M | $1.4B | ||
| Q3 25 | $-453.9M | $1.4B | ||
| Q2 25 | $-309.9M | $1.4B | ||
| Q1 25 | $-254.1M | $1.4B | ||
| Q4 24 | $-146.6M | $1.4B | ||
| Q3 24 | $-205.9M | $1.4B | ||
| Q2 24 | $-243.2M | $1.4B | ||
| Q1 24 | $-247.7M | $1.4B |
总资产BRBRLCII
| Q4 25 | $1.1B | $3.2B | ||
| Q3 25 | $941.0M | $3.2B | ||
| Q2 25 | $993.7M | $3.2B | ||
| Q1 25 | $947.5M | $3.1B | ||
| Q4 24 | $885.2M | $2.9B | ||
| Q3 24 | $837.0M | $3.0B | ||
| Q2 24 | $804.1M | $3.0B | ||
| Q1 24 | $765.0M | $3.0B |
负债/权益比BRBRLCII
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.70× | ||
| Q2 25 | — | 0.68× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.55× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.60× | ||
| Q1 24 | — | 0.63× |
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 | $78.9M |
| 自由现金流经营现金流 - 资本支出 | $-7.3M | $64.3M |
| 自由现金流率自由现金流/营收 | -1.4% | 6.9% |
| 资本支出强度资本支出/营收 | 0.8% | 1.6% |
| 现金转化率经营现金流/净利润 | -0.07× | 4.22× |
| 过去12个月自由现金流最近4个季度 | $246.9M | $278.3M |
8季度趋势，按日历期对齐
经营现金流BRBRLCII
| Q4 25 | $-3.1M | $78.9M | ||
| Q3 25 | $169.1M | $97.2M | ||
| Q2 25 | $40.3M | $112.2M | ||
| Q1 25 | $48.2M | $42.7M | ||
| Q4 24 | $3.0M | $106.6M | ||
| Q3 24 | $40.1M | $78.4M | ||
| Q2 24 | $69.0M | $192.9M | ||
| Q1 24 | $16.3M | $-7.7M |
自由现金流BRBRLCII
| Q4 25 | $-7.3M | $64.3M | ||
| Q3 25 | $168.1M | $80.9M | ||
| Q2 25 | $38.5M | $99.5M | ||
| Q1 25 | $47.6M | $33.7M | ||
| Q4 24 | $1.7M | $95.7M | ||
| Q3 24 | $38.9M | $68.3M | ||
| Q2 24 | $68.9M | $180.2M | ||
| Q1 24 | $16.0M | $-16.3M |
自由现金流率BRBRLCII
| Q4 25 | -1.4% | 6.9% | ||
| Q3 25 | 25.9% | 7.8% | ||
| Q2 25 | 7.0% | 9.0% | ||
| Q1 25 | 8.1% | 3.2% | ||
| Q4 24 | 0.3% | 11.9% | ||
| Q3 24 | 7.0% | 7.5% | ||
| Q2 24 | 13.4% | 17.1% | ||
| Q1 24 | 3.2% | -1.7% |
资本支出强度BRBRLCII
| Q4 25 | 0.8% | 1.6% | ||
| Q3 25 | 0.2% | 1.6% | ||
| Q2 25 | 0.3% | 1.2% | ||
| Q1 25 | 0.1% | 0.9% | ||
| Q4 24 | 0.2% | 1.4% | ||
| Q3 24 | 0.2% | 1.1% | ||
| Q2 24 | 0.0% | 1.2% | ||
| Q1 24 | 0.1% | 0.9% |
现金转化率BRBRLCII
| Q4 25 | -0.07× | 4.22× | ||
| Q3 25 | 2.84× | 1.55× | ||
| Q2 25 | 1.92× | 1.95× | ||
| Q1 25 | 0.82× | 0.86× | ||
| Q4 24 | 0.04× | 11.17× | ||
| Q3 24 | 0.56× | 2.20× | ||
| Q2 24 | 0.94× | 3.15× | ||
| Q1 24 | 0.28× | -0.21× |
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% |
LCII
| Travel Trailer And Fifth Wheels | $378.4M | 41% |
| Chassis Chassis Partsand Slideout Mechanisms | $206.1M | 22% |
| Furnitureand Mattresses | $120.4M | 13% |
| Appliances | $69.9M | 7% |
| Other Products | $69.1M | 7% |
| Axlesand Suspension Solutions | $62.3M | 7% |
| Motorhomes | $34.2M | 4% |
