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BELLRING BRANDS, INC.（BRBR）与STARWOOD PROPERTY TRUST, INC.（STWD）财务数据对比。点击上方公司名可切换其他公司
BELLRING BRANDS, INC.的季度营收约是STARWOOD PROPERTY TRUST, INC.的1.1倍（$537.3M vs $492.9M），STARWOOD PROPERTY TRUST, INC.净利率更高（19.7% vs 8.1%，领先11.5%），STARWOOD PROPERTY TRUST, INC.同比增速更快（8.5% vs 0.8%），过去两年BELLRING BRANDS, INC.的营收复合增速更高（4.2% vs -2.9%）
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。
喜达屋酒店及度假村国际集团是全球规模最大的酒店企业之一，业务涵盖酒店、度假村、水疗中心、住宅及度假产权物业的持有、运营、特许经营与管理。集团前身为1969年成立的房地产投资信托基金，1995年完成收购重组，旗下共11个品牌，管理及特许经营的物业共计1297处。
BRBR vs STWD — 直观对比
营收规模更大
BRBR
是对方的1.1倍
$492.9M
营收增速更快
STWD
高出7.7%
0.8%
净利率更高
STWD
高出11.5%
8.1%
两年增速更快
BRBR
近两年复合增速
-2.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $537.3M | $492.9M |
| 净利润 | $43.7M | $96.9M |
| 毛利率 | 29.9% | — |
| 营业利润率 | 14.6% | 26.6% |
| 净利率 | 8.1% | 19.7% |
| 营收同比 | 0.8% | 8.5% |
| 净利润同比 | -43.2% | 87.7% |
| 每股收益（稀释后） | $0.36 | $0.25 |
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BRBRSTWD
| Q4 25 | $537.3M | $492.9M | ||
| Q3 25 | $648.2M | $488.9M | ||
| Q2 25 | $547.5M | $444.3M | ||
| Q1 25 | $588.0M | $418.2M | ||
| Q4 24 | $532.9M | $454.4M | ||
| Q3 24 | $555.8M | $479.5M | ||
| Q2 24 | $515.4M | $489.8M | ||
| Q1 24 | $494.6M | $523.1M |
净利润BRBRSTWD
| Q4 25 | $43.7M | $96.9M | ||
| Q3 25 | $59.6M | $72.6M | ||
| Q2 25 | $21.0M | $129.8M | ||
| Q1 25 | $58.7M | $112.3M | ||
| Q4 24 | $76.9M | $51.6M | ||
| Q3 24 | $71.7M | $76.1M | ||
| Q2 24 | $73.7M | $77.9M | ||
| Q1 24 | $57.2M | $154.3M |
毛利率BRBRSTWD
| Q4 25 | 29.9% | — | ||
| Q3 25 | 28.9% | — | ||
| Q2 25 | 35.4% | — | ||
| Q1 25 | 32.3% | — | ||
| Q4 24 | 37.5% | — | ||
| Q3 24 | 36.9% | — | ||
| Q2 24 | 36.8% | — | ||
| Q1 24 | 33.2% | — |
营业利润率BRBRSTWD
| Q4 25 | 14.6% | 26.6% | ||
| Q3 25 | 15.8% | 19.1% | ||
| Q2 25 | 8.2% | 30.5% | ||
| Q1 25 | 16.2% | 28.7% | ||
| Q4 24 | 21.6% | 15.1% | ||
| Q3 24 | 20.2% | 17.2% | ||
| Q2 24 | 21.7% | 19.1% | ||
| Q1 24 | 18.4% | 30.8% |
净利率BRBRSTWD
| Q4 25 | 8.1% | 19.7% | ||
| Q3 25 | 9.2% | 14.8% | ||
| Q2 25 | 3.8% | 29.2% | ||
| Q1 25 | 10.0% | 26.8% | ||
| Q4 24 | 14.4% | 11.4% | ||
| Q3 24 | 12.9% | 15.9% | ||
| Q2 24 | 14.3% | 15.9% | ||
| Q1 24 | 11.6% | 29.5% |
每股收益（稀释后）BRBRSTWD
| Q4 25 | $0.36 | $0.25 | ||
| Q3 25 | $0.48 | $0.19 | ||
| Q2 25 | $0.16 | $0.38 | ||
| Q1 25 | $0.45 | $0.33 | ||
| Q4 24 | $0.59 | $0.15 | ||
| Q3 24 | $0.54 | $0.23 | ||
| Q2 24 | $0.56 | $0.24 | ||
| Q1 24 | $0.43 | $0.48 |
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 | $499.5M |
| 总债务越低越好 | $1.2B | — |
| 股东权益账面价值 | $-510.7M | $6.8B |
| 总资产 | $1.1B | $63.2B |
| 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BRBRSTWD
| Q4 25 | $64.1M | $499.5M | ||
| Q3 25 | $71.8M | $301.1M | ||
| Q2 25 | $43.7M | $259.9M | ||
| Q1 25 | $28.1M | $440.6M | ||
| Q4 24 | $49.6M | $377.8M | ||
| Q3 24 | $70.8M | $357.9M | ||
| Q2 24 | $72.6M | $259.3M | ||
| Q1 24 | $79.3M | $327.4M |
总债务BRBRSTWD
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $953.7M | — | ||
| Q4 24 | $833.4M | — | ||
| Q3 24 | $833.1M | — | ||
| Q2 24 | $832.7M | — | ||
| Q1 24 | $832.4M | — |
股东权益BRBRSTWD
| Q4 25 | $-510.7M | $6.8B | ||
| Q3 25 | $-453.9M | $6.9B | ||
| Q2 25 | $-309.9M | $6.4B | ||
| Q1 25 | $-254.1M | $6.4B | ||
| Q4 24 | $-146.6M | $6.4B | ||
| Q3 24 | $-205.9M | $6.5B | ||
| Q2 24 | $-243.2M | $6.2B | ||
| Q1 24 | $-247.7M | $6.3B |
总资产BRBRSTWD
| Q4 25 | $1.1B | $63.2B | ||
| Q3 25 | $941.0M | $62.4B | ||
| Q2 25 | $993.7M | $62.4B | ||
| Q1 25 | $947.5M | $62.2B | ||
| Q4 24 | $885.2M | $62.6B | ||
| Q3 24 | $837.0M | $64.2B | ||
| Q2 24 | $804.1M | $64.1B | ||
| Q1 24 | $765.0M | $66.2B |
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 | $488.8M |
| 自由现金流经营现金流 - 资本支出 | $-7.3M | — |
| 自由现金流率自由现金流/营收 | -1.4% | — |
| 资本支出强度资本支出/营收 | 0.8% | — |
| 现金转化率经营现金流/净利润 | -0.07× | 5.04× |
| 过去12个月自由现金流最近4个季度 | $246.9M | — |
8季度趋势，按日历期对齐
经营现金流BRBRSTWD
| Q4 25 | $-3.1M | $488.8M | ||
| Q3 25 | $169.1M | $337.6M | ||
| Q2 25 | $40.3M | $-87.4M | ||
| Q1 25 | $48.2M | $238.9M | ||
| Q4 24 | $3.0M | $295.6M | ||
| Q3 24 | $40.1M | $241.8M | ||
| Q2 24 | $69.0M | $53.3M | ||
| Q1 24 | $16.3M | $55.9M |
自由现金流BRBRSTWD
| Q4 25 | $-7.3M | — | ||
| Q3 25 | $168.1M | — | ||
| Q2 25 | $38.5M | — | ||
| Q1 25 | $47.6M | — | ||
| Q4 24 | $1.7M | — | ||
| Q3 24 | $38.9M | — | ||
| Q2 24 | $68.9M | — | ||
| Q1 24 | $16.0M | — |
自由现金流率BRBRSTWD
| Q4 25 | -1.4% | — | ||
| Q3 25 | 25.9% | — | ||
| Q2 25 | 7.0% | — | ||
| Q1 25 | 8.1% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 7.0% | — | ||
| Q2 24 | 13.4% | — | ||
| Q1 24 | 3.2% | — |
资本支出强度BRBRSTWD
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.1% | — |
现金转化率BRBRSTWD
| Q4 25 | -0.07× | 5.04× | ||
| Q3 25 | 2.84× | 4.65× | ||
| Q2 25 | 1.92× | -0.67× | ||
| Q1 25 | 0.82× | 2.13× | ||
| Q4 24 | 0.04× | 5.72× | ||
| Q3 24 | 0.56× | 3.18× | ||
| Q2 24 | 0.94× | 0.68× | ||
| Q1 24 | 0.28× | 0.36× |
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% |
STWD
| Commercial And Residential Lending Segment | $335.2M | 68% |
| Infrastructure Lending Segment | $70.3M | 14% |
| Property Segment | $57.8M | 12% |
| Other | $29.7M | 6% |
