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BELLRING BRANDS, INC.（BRBR）与奥驰亚（MO）财务数据对比。点击上方公司名可切换其他公司
奥驰亚的季度营收约是BELLRING BRANDS, INC.的10.9倍（$5.8B vs $537.3M）。奥驰亚净利率更高（19.1% vs 8.1%，领先11.0%）。BELLRING BRANDS, INC.同比增速更快（0.8% vs -2.1%）。奥驰亚自由现金流更多（$3.2B vs $-7.3M）。过去两年BELLRING BRANDS, INC.的营收复合增速更高（4.2% vs 2.4%）
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。
奥驰亚集团是美国头部烟草企业，通过旗下子公司生产销售可燃烟草与口服类烟草相关产品，核心品牌包括万宝路香烟、Black & Mild雪茄及烟斗烟、哥本哈根、斯库尔等湿无烟烟草，以及on!口服尼古丁袋，产品主要供应批发商、分销商及大型零售客户。
BRBR vs MO — 直观对比
营收规模更大
MO
是对方的10.9倍
$537.3M
营收增速更快
BRBR
高出3.0%
-2.1%
净利率更高
MO
高出11.0%
8.1%
自由现金流更多
MO
多$3.2B
$-7.3M
两年增速更快
BRBR
近两年复合增速
2.4%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $537.3M | $5.8B |
| 净利润 | $43.7M | $1.1B |
| 毛利率 | 29.9% | 62.1% |
| 营业利润率 | 14.6% | 28.2% |
| 净利率 | 8.1% | 19.1% |
| 营收同比 | 0.8% | -2.1% |
| 净利润同比 | -43.2% | -63.2% |
| 每股收益（稀释后） | $0.36 | $0.67 |
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BRBRMO
| Q4 25 | $537.3M | $5.8B | ||
| Q3 25 | $648.2M | $6.1B | ||
| Q2 25 | $547.5M | $6.1B | ||
| Q1 25 | $588.0M | $5.3B | ||
| Q4 24 | $532.9M | $6.0B | ||
| Q3 24 | $555.8M | $6.3B | ||
| Q2 24 | $515.4M | $6.2B | ||
| Q1 24 | $494.6M | $5.6B |
净利润BRBRMO
| Q4 25 | $43.7M | $1.1B | ||
| Q3 25 | $59.6M | $2.4B | ||
| Q2 25 | $21.0M | $2.4B | ||
| Q1 25 | $58.7M | $1.1B | ||
| Q4 24 | $76.9M | $3.0B | ||
| Q3 24 | $71.7M | $2.3B | ||
| Q2 24 | $73.7M | $3.8B | ||
| Q1 24 | $57.2M | $2.1B |
毛利率BRBRMO
| Q4 25 | 29.9% | 62.1% | ||
| Q3 25 | 28.9% | 62.8% | ||
| Q2 25 | 35.4% | 63.1% | ||
| Q1 25 | 32.3% | 61.8% | ||
| Q4 24 | 37.5% | 60.3% | ||
| Q3 24 | 36.9% | 60.8% | ||
| Q2 24 | 36.8% | 59.2% | ||
| Q1 24 | 33.2% | 58.8% |
营业利润率BRBRMO
| Q4 25 | 14.6% | 28.2% | ||
| Q3 25 | 15.8% | 53.2% | ||
| Q2 25 | 8.2% | 52.9% | ||
| Q1 25 | 16.2% | 34.0% | ||
| Q4 24 | 21.6% | 48.2% | ||
| Q3 24 | 20.2% | 50.4% | ||
| Q2 24 | 21.7% | 40.8% | ||
| Q1 24 | 18.4% | 48.0% |
净利率BRBRMO
| Q4 25 | 8.1% | 19.1% | ||
| Q3 25 | 9.2% | 39.1% | ||
| Q2 25 | 3.8% | 39.0% | ||
| Q1 25 | 10.0% | 20.5% | ||
| Q4 24 | 14.4% | 50.9% | ||
| Q3 24 | 12.9% | 36.6% | ||
| Q2 24 | 14.3% | 61.2% | ||
| Q1 24 | 11.6% | 38.2% |
每股收益（稀释后）BRBRMO
| Q4 25 | $0.36 | $0.67 | ||
| Q3 25 | $0.48 | $1.41 | ||
| Q2 25 | $0.16 | $1.41 | ||
| Q1 25 | $0.45 | $0.63 | ||
| Q4 24 | $0.59 | $1.78 | ||
| Q3 24 | $0.54 | $1.34 | ||
| Q2 24 | $0.56 | $2.21 | ||
| Q1 24 | $0.43 | $1.21 |
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 | $4.5B |
| 总债务越低越好 | $1.2B | $25.7B |
| 股东权益账面价值 | $-510.7M | $-3.5B |
| 总资产 | $1.1B | $35.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BRBRMO
| Q4 25 | $64.1M | $4.5B | ||
| Q3 25 | $71.8M | $3.5B | ||
| Q2 25 | $43.7M | $1.3B | ||
| Q1 25 | $28.1M | $4.7B | ||
| Q4 24 | $49.6M | $3.1B | ||
| Q3 24 | $70.8M | $1.9B | ||
| Q2 24 | $72.6M | $1.8B | ||
| Q1 24 | $79.3M | $3.6B |
总债务BRBRMO
| Q4 25 | $1.2B | $25.7B | ||
| Q3 25 | $1.1B | $25.7B | ||
| Q2 25 | $1.0B | $24.7B | ||
| Q1 25 | $953.7M | $26.1B | ||
| Q4 24 | $833.4M | $24.9B | ||
| Q3 24 | $833.1M | $25.2B | ||
| Q2 24 | $832.7M | $25.0B | ||
| Q1 24 | $832.4M | $25.0B |
股东权益BRBRMO
| Q4 25 | $-510.7M | $-3.5B | ||
| Q3 25 | $-453.9M | $-2.6B | ||
| Q2 25 | $-309.9M | $-3.3B | ||
| Q1 25 | $-254.1M | $-3.5B | ||
| Q4 24 | $-146.6M | $-2.2B | ||
| Q3 24 | $-205.9M | $-3.5B | ||
| Q2 24 | $-243.2M | $-3.0B | ||
| Q1 24 | $-247.7M | $-5.1B |
总资产BRBRMO
| Q4 25 | $1.1B | $35.0B | ||
| Q3 25 | $941.0M | $35.0B | ||
| Q2 25 | $993.7M | $32.3B | ||
| Q1 25 | $947.5M | $35.8B | ||
| Q4 24 | $885.2M | $35.2B | ||
| Q3 24 | $837.0M | $34.2B | ||
| Q2 24 | $804.1M | $34.4B | ||
| Q1 24 | $765.0M | $36.5B |
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 | $3.3B |
| 自由现金流经营现金流 - 资本支出 | $-7.3M | $3.2B |
| 自由现金流率自由现金流/营收 | -1.4% | 54.4% |
| 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× | 2.93× |
| 过去12个月自由现金流最近4个季度 | $246.9M | $9.1B |
8季度趋势，按日历期对齐
经营现金流BRBRMO
| Q4 25 | $-3.1M | $3.3B | ||
| Q3 25 | $169.1M | $3.1B | ||
| Q2 25 | $40.3M | $205.0M | ||
| Q1 25 | $48.2M | $2.7B | ||
| Q4 24 | $3.0M | $3.3B | ||
| Q3 24 | $40.1M | $2.6B | ||
| Q2 24 | $69.0M | $-75.0M | ||
| Q1 24 | $16.3M | $2.9B |
自由现金流BRBRMO
| Q4 25 | $-7.3M | $3.2B | ||
| Q3 25 | $168.1M | $3.0B | ||
| Q2 25 | $38.5M | $173.0M | ||
| Q1 25 | $47.6M | $2.7B | ||
| Q4 24 | $1.7M | $3.3B | ||
| Q3 24 | $38.9M | $2.6B | ||
| Q2 24 | $68.9M | $-104.0M | ||
| Q1 24 | $16.0M | $2.8B |
自由现金流率BRBRMO
| Q4 25 | -1.4% | 54.4% | ||
| Q3 25 | 25.9% | 50.1% | ||
| Q2 25 | 7.0% | 2.8% | ||
| Q1 25 | 8.1% | 51.0% | ||
| Q4 24 | 0.3% | 55.1% | ||
| Q3 24 | 7.0% | 41.2% | ||
| Q2 24 | 13.4% | -1.7% | ||
| Q1 24 | 3.2% | 51.0% |
资本支出强度BRBRMO
| Q4 25 | 0.8% | 1.6% | ||
| Q3 25 | 0.2% | 0.9% | ||
| Q2 25 | 0.3% | 0.5% | ||
| Q1 25 | 0.1% | 0.7% | ||
| Q4 24 | 0.2% | 0.8% | ||
| Q3 24 | 0.2% | 0.5% | ||
| Q2 24 | 0.0% | 0.5% | ||
| Q1 24 | 0.1% | 0.6% |
现金转化率BRBRMO
| Q4 25 | -0.07× | 2.93× | ||
| Q3 25 | 2.84× | 1.30× | ||
| Q2 25 | 1.92× | 0.09× | ||
| Q1 25 | 0.82× | 2.53× | ||
| Q4 24 | 0.04× | 1.10× | ||
| Q3 24 | 0.56× | 1.14× | ||
| Q2 24 | 0.94× | -0.02× | ||
| Q1 24 | 0.28× | 1.35× |
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% |
MO
| Smokeable Products Segment | $5.1B | 88% |
| Oral Tobacco Segment | $706.0M | 12% |
