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Black Rock Coffee Bar, Inc.（BRCB）与Wendy's Co（WEN）财务数据对比。点击上方公司名可切换其他公司
Wendy's Co的季度营收约是Black Rock Coffee Bar, Inc.的10.5倍（$543.0M vs $51.5M）。Wendy's Co净利率更高（4.9% vs -1.4%，领先6.3%）。Wendy's Co自由现金流更多（$31.4M vs $-25.8M）
Black Rock Coffee Bar是一家总部位于美国的特色咖啡零售连锁企业，提供手工精品咖啡、能量饮料、烘焙食品及轻食，在美国西部运营多家线下门店和得来速网点，主打高品质可定制产品与社区化消费体验。
温蒂公司是美国知名快餐企业，是温蒂汉堡及First Kitchen的母公司，前身为Deisel-Wemmer公司，总部位于俄亥俄州都柏林。旗下核心子公司温蒂国际是温蒂汉堡餐厅的特许经营授权方，在全球快餐市场拥有较高的品牌辨识度。
BRCB vs WEN — 直观对比
营收规模更大
WEN
是对方的10.5倍
$51.5M
净利率更高
WEN
高出6.3%
-1.4%
自由现金流更多
WEN
多$57.2M
$-25.8M
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $51.5M | $543.0M |
| 净利润 | $-712.0K | $26.5M |
| 毛利率 | — | 62.7% |
| 营业利润率 | -12.4% | 11.8% |
| 净利率 | -1.4% | 4.9% |
| 营收同比 | — | -5.5% |
| 净利润同比 | — | -44.2% |
| 每股收益（稀释后） | $-0.05 | $0.14 |
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BRCBWEN
| Q4 25 | — | $543.0M | ||
| Q3 25 | $51.5M | $549.5M | ||
| Q2 25 | — | $560.9M | ||
| Q1 25 | — | $523.5M | ||
| Q4 24 | — | $574.3M | ||
| Q3 24 | — | $566.7M | ||
| Q2 24 | — | $570.7M | ||
| Q1 24 | — | $534.8M |
净利润BRCBWEN
| Q4 25 | — | $26.5M | ||
| Q3 25 | $-712.0K | $44.3M | ||
| Q2 25 | — | $55.1M | ||
| Q1 25 | — | $39.2M | ||
| Q4 24 | — | $47.5M | ||
| Q3 24 | — | $50.2M | ||
| Q2 24 | — | $54.6M | ||
| Q1 24 | — | $42.0M |
毛利率BRCBWEN
| Q4 25 | — | 62.7% | ||
| Q3 25 | — | 62.8% | ||
| Q2 25 | — | 65.0% | ||
| Q1 25 | — | 64.1% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 65.5% | ||
| Q2 24 | — | 65.0% | ||
| Q1 24 | — | 64.1% |
营业利润率BRCBWEN
| Q4 25 | — | 11.8% | ||
| Q3 25 | -12.4% | 16.8% | ||
| Q2 25 | — | 18.6% | ||
| Q1 25 | — | 15.9% | ||
| Q4 24 | — | 16.7% | ||
| Q3 24 | — | 16.7% | ||
| Q2 24 | — | 17.4% | ||
| Q1 24 | — | 15.2% |
净利率BRCBWEN
| Q4 25 | — | 4.9% | ||
| Q3 25 | -1.4% | 8.1% | ||
| Q2 25 | — | 9.8% | ||
| Q1 25 | — | 7.5% | ||
| Q4 24 | — | 8.3% | ||
| Q3 24 | — | 8.9% | ||
| Q2 24 | — | 9.6% | ||
| Q1 24 | — | 7.9% |
每股收益（稀释后）BRCBWEN
| Q4 25 | — | $0.14 | ||
| Q3 25 | $-0.05 | $0.23 | ||
| Q2 25 | — | $0.29 | ||
| Q1 25 | — | $0.19 | ||
| Q4 24 | — | $0.23 | ||
| Q3 24 | — | $0.25 | ||
| Q2 24 | — | $0.27 | ||
| Q1 24 | — | $0.20 |
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 | $32.6M | $300.8M |
| 总债务越低越好 | $20.0M | $2.8B |
| 股东权益账面价值 | $43.0M | $117.4M |
| 总资产 | $323.2M | $5.0B |
| 负债/权益比越低杠杆越低 | 0.46× | 23.51× |
8季度趋势，按日历期对齐
现金及短期投资BRCBWEN
| Q4 25 | — | $300.8M | ||
| Q3 25 | $32.6M | $291.4M | ||
| Q2 25 | — | $281.2M | ||
| Q1 25 | — | $335.3M | ||
| Q4 24 | — | $450.5M | ||
| Q3 24 | — | $482.2M | ||
| Q2 24 | — | $465.5M | ||
| Q1 24 | — | $498.3M |
总债务BRCBWEN
| Q4 25 | — | $2.8B | ||
| Q3 25 | $20.0M | $2.7B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BRCBWEN
| Q4 25 | — | $117.4M | ||
| Q3 25 | $43.0M | $109.2M | ||
| Q2 25 | — | $112.9M | ||
| Q1 25 | — | $130.2M | ||
| Q4 24 | — | $259.4M | ||
| Q3 24 | — | $259.9M | ||
| Q2 24 | — | $273.8M | ||
| Q1 24 | — | $293.7M |
总资产BRCBWEN
| Q4 25 | — | $5.0B | ||
| Q3 25 | $323.2M | $5.0B | ||
| Q2 25 | — | $4.9B | ||
| Q1 25 | — | $4.9B | ||
| Q4 24 | — | $5.0B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $5.1B | ||
| Q1 24 | — | $5.2B |
负债/权益比BRCBWEN
| Q4 25 | — | 23.51× | ||
| Q3 25 | 0.46× | 24.95× | ||
| Q2 25 | — | 24.18× | ||
| Q1 25 | — | 21.00× | ||
| Q4 24 | — | 10.57× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-2.9M | $69.3M |
| 自由现金流经营现金流 - 资本支出 | $-25.8M | $31.4M |
| 自由现金流率自由现金流/营收 | -50.2% | 5.8% |
| 资本支出强度资本支出/营收 | 44.5% | 7.0% |
| 现金转化率经营现金流/净利润 | — | 2.62× |
| 过去12个月自由现金流最近4个季度 | — | $242.6M |
8季度趋势，按日历期对齐
经营现金流BRCBWEN
| Q4 25 | — | $69.3M | ||
| Q3 25 | $-2.9M | $129.3M | ||
| Q2 25 | — | $60.6M | ||
| Q1 25 | — | $85.4M | ||
| Q4 24 | — | $68.6M | ||
| Q3 24 | — | $141.2M | ||
| Q2 24 | — | $45.5M | ||
| Q1 24 | — | $100.0M |
自由现金流BRCBWEN
| Q4 25 | — | $31.4M | ||
| Q3 25 | $-25.8M | $104.3M | ||
| Q2 25 | — | $39.2M | ||
| Q1 25 | — | $67.7M | ||
| Q4 24 | — | $26.6M | ||
| Q3 24 | — | $123.3M | ||
| Q2 24 | — | $28.4M | ||
| Q1 24 | — | $82.6M |
自由现金流率BRCBWEN
| Q4 25 | — | 5.8% | ||
| Q3 25 | -50.2% | 19.0% | ||
| Q2 25 | — | 7.0% | ||
| Q1 25 | — | 12.9% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 21.8% | ||
| Q2 24 | — | 5.0% | ||
| Q1 24 | — | 15.5% |
资本支出强度BRCBWEN
| Q4 25 | — | 7.0% | ||
| Q3 25 | 44.5% | 4.5% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 7.3% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 3.0% | ||
| Q1 24 | — | 3.2% |
现金转化率BRCBWEN
| Q4 25 | — | 2.62× | ||
| Q3 25 | — | 2.92× | ||
| Q2 25 | — | 1.10× | ||
| Q1 25 | — | 2.18× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 2.81× | ||
| Q2 24 | — | 0.83× | ||
| Q1 24 | — | 2.38× |
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
BRCB
暂无分部数据
WEN
| Franchise Royalty Revenueand Fees | $149.3M | 27% |
| Royalty | $103.6M | 19% |
| Advertising | $103.3M | 19% |
| Global Real Estate Development | $60.5M | 11% |
| Real Estate | $59.5M | 11% |
| Wendys International | $39.5M | 7% |
| Franchise | $21.5M | 4% |
