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BRC Inc.（BRCC）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BRC Inc.的104.9倍（$11.8B vs $112.7M）。可口可乐公司净利率更高（19.2% vs -2.8%，领先22.1%）。BRC Inc.同比增速更快（6.5% vs 2.4%）。可口可乐公司自由现金流更多（$2.9B vs $-9.4M）。过去两年BRC Inc.的营收复合增速更高（7.0% vs 2.3%）
BRC Inc.是一家美国高端咖啡与生活方式品牌，主营烘焙咖啡豆、即饮咖啡饮品、品牌服饰及户外装备，核心客群包含退伍军人、急救人员与户外爱好者，在北美地区通过电商及线下实体门店渠道销售产品。
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。
BRCC vs KO — 直观对比
营收规模更大
KO
是对方的104.9倍
$112.7M
营收增速更快
BRCC
高出4.1%
2.4%
净利率更高
KO
高出22.1%
-2.8%
自由现金流更多
KO
多$2.9B
$-9.4M
两年增速更快
BRCC
近两年复合增速
2.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $112.7M | $11.8B |
| 净利润 | $-3.2M | $2.3B |
| 毛利率 | 32.1% | 60.0% |
| 营业利润率 | -6.3% | 15.6% |
| 净利率 | -2.8% | 19.2% |
| 营收同比 | 6.5% | 2.4% |
| 净利润同比 | -29.3% | 3.5% |
| 每股收益（稀释后） | $-0.02 | $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BRCCKO
| Q4 25 | $112.7M | $11.8B | ||
| Q3 25 | $100.7M | $12.5B | ||
| Q2 25 | $94.8M | $12.5B | ||
| Q1 25 | $90.0M | $11.1B | ||
| Q4 24 | $105.9M | $11.5B | ||
| Q3 24 | $98.2M | $11.9B | ||
| Q2 24 | $89.0M | $12.4B | ||
| Q1 24 | $98.4M | $11.3B |
净利润BRCCKO
| Q4 25 | $-3.2M | $2.3B | ||
| Q3 25 | $-486.0K | $3.7B | ||
| Q2 25 | $-5.3M | $3.8B | ||
| Q1 25 | $-2.9M | $3.3B | ||
| Q4 24 | $-2.5M | $2.2B | ||
| Q3 24 | $-535.0K | $2.8B | ||
| Q2 24 | $-482.0K | $2.4B | ||
| Q1 24 | $548.0K | $3.2B |
毛利率BRCCKO
| Q4 25 | 32.1% | 60.0% | ||
| Q3 25 | 36.9% | 61.5% | ||
| Q2 25 | 33.9% | 62.4% | ||
| Q1 25 | 36.1% | 62.6% | ||
| Q4 24 | 38.1% | 60.0% | ||
| Q3 24 | 42.1% | 60.7% | ||
| Q2 24 | 41.9% | 61.1% | ||
| Q1 24 | 42.9% | 62.5% |
营业利润率BRCCKO
| Q4 25 | -6.3% | 15.6% | ||
| Q3 25 | 0.5% | 32.0% | ||
| Q2 25 | -13.3% | 34.1% | ||
| Q1 25 | -6.0% | 32.9% | ||
| Q4 24 | -2.1% | 23.5% | ||
| Q3 24 | 1.1% | 21.2% | ||
| Q2 24 | 1.1% | 21.3% | ||
| Q1 24 | 4.0% | 18.9% |
净利率BRCCKO
| Q4 25 | -2.8% | 19.2% | ||
| Q3 25 | -0.5% | 29.7% | ||
| Q2 25 | -5.6% | 30.4% | ||
| Q1 25 | -3.2% | 29.9% | ||
| Q4 24 | -2.3% | 19.0% | ||
| Q3 24 | -0.5% | 24.0% | ||
| Q2 24 | -0.5% | 19.5% | ||
| Q1 24 | 0.6% | 28.1% |
每股收益（稀释后）BRCCKO
| Q4 25 | $-0.02 | $0.53 | ||
| Q3 25 | $0.00 | $0.86 | ||
| Q2 25 | $-0.07 | $0.88 | ||
| Q1 25 | $-0.04 | $0.77 | ||
| Q4 24 | $-0.03 | $0.50 | ||
| Q3 24 | $-0.01 | $0.66 | ||
| Q2 24 | $-0.01 | $0.56 | ||
| Q1 24 | $0.01 | $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 | $4.3M | $10.3B |
| 总债务越低越好 | $34.7M | $42.1B |
| 股东权益账面价值 | $45.7M | $32.2B |
| 总资产 | $209.2M | $104.8B |
| 负债/权益比越低杠杆越低 | 0.76× | 1.31× |
8季度趋势，按日历期对齐
现金及短期投资BRCCKO
| Q4 25 | $4.3M | $10.3B | ||
| Q3 25 | $9.5M | $12.7B | ||
| Q2 25 | $4.3M | $9.6B | ||
| Q1 25 | $3.9M | $8.4B | ||
| Q4 24 | $6.8M | $10.8B | ||
| Q3 24 | $7.3M | $13.9B | ||
| Q2 24 | $9.6M | $13.7B | ||
| Q1 24 | $4.0M | $10.4B |
总债务BRCCKO
| Q4 25 | $34.7M | $42.1B | ||
| Q3 25 | $35.0M | $43.2B | ||
| Q2 25 | $72.7M | $45.0B | ||
| Q1 25 | $68.8M | $43.5B | ||
| Q4 24 | $65.1M | $42.4B | ||
| Q3 24 | $64.9M | $43.0B | ||
| Q2 24 | $66.5M | $38.1B | ||
| Q1 24 | $61.5M | $36.5B |
股东权益BRCCKO
| Q4 25 | $45.7M | $32.2B | ||
| Q3 25 | $48.0M | $31.2B | ||
| Q2 25 | $10.1M | $28.6B | ||
| Q1 25 | $11.2M | $26.2B | ||
| Q4 24 | $13.2M | $24.9B | ||
| Q3 24 | $14.5M | $26.5B | ||
| Q2 24 | $14.9M | $25.9B | ||
| Q1 24 | $14.6M | $26.4B |
总资产BRCCKO
| Q4 25 | $209.2M | $104.8B | ||
| Q3 25 | $222.4M | $106.0B | ||
| Q2 25 | $225.3M | $104.3B | ||
| Q1 25 | $222.9M | $101.7B | ||
| Q4 24 | $227.4M | $100.5B | ||
| Q3 24 | $233.7M | $106.3B | ||
| Q2 24 | $229.9M | $101.2B | ||
| Q1 24 | $227.2M | $99.4B |
负债/权益比BRCCKO
| Q4 25 | 0.76× | 1.31× | ||
| Q3 25 | 0.73× | 1.38× | ||
| Q2 25 | 7.19× | 1.57× | ||
| Q1 25 | 6.15× | 1.66× | ||
| Q4 24 | 4.94× | 1.70× | ||
| Q3 24 | 4.47× | 1.62× | ||
| Q2 24 | 4.46× | 1.47× | ||
| Q1 24 | 4.21× | 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 | $-8.7M | $3.8B |
| 自由现金流经营现金流 - 资本支出 | $-9.4M | $2.9B |
| 自由现金流率自由现金流/营收 | -8.3% | 24.3% |
| 资本支出强度资本支出/营收 | 0.6% | 7.5% |
| 现金转化率经营现金流/净利润 | — | 1.65× |
| 过去12个月自由现金流最近4个季度 | $-13.5M | $5.3B |
8季度趋势，按日历期对齐
经营现金流BRCCKO
| Q4 25 | $-8.7M | $3.8B | ||
| Q3 25 | $6.4M | $5.0B | ||
| Q2 25 | $-3.3M | $3.8B | ||
| Q1 25 | $-4.1M | $-5.2B | ||
| Q4 24 | $2.2M | $4.0B | ||
| Q3 24 | $1.9M | $-1.3B | ||
| Q2 24 | $2.3M | $3.6B | ||
| Q1 24 | $4.9M | $528.0M |
自由现金流BRCCKO
| Q4 25 | $-9.4M | $2.9B | ||
| Q3 25 | $5.6M | $4.6B | ||
| Q2 25 | $-4.3M | $3.4B | ||
| Q1 25 | $-5.3M | $-5.5B | ||
| Q4 24 | $504.0K | $3.1B | ||
| Q3 24 | $-205.0K | $-1.7B | ||
| Q2 24 | $147.0K | $3.2B | ||
| Q1 24 | $2.2M | $158.0M |
自由现金流率BRCCKO
| Q4 25 | -8.3% | 24.3% | ||
| Q3 25 | 5.5% | 36.6% | ||
| Q2 25 | -4.5% | 26.9% | ||
| Q1 25 | -5.9% | -49.5% | ||
| Q4 24 | 0.5% | 27.3% | ||
| Q3 24 | -0.2% | -14.6% | ||
| Q2 24 | 0.2% | 25.6% | ||
| Q1 24 | 2.2% | 1.4% |
资本支出强度BRCCKO
| Q4 25 | 0.6% | 7.5% | ||
| Q3 25 | 0.8% | 3.8% | ||
| Q2 25 | 1.0% | 3.5% | ||
| Q1 25 | 1.3% | 2.8% | ||
| Q4 24 | 1.6% | 7.0% | ||
| Q3 24 | 2.2% | 4.0% | ||
| Q2 24 | 2.4% | 3.4% | ||
| Q1 24 | 2.8% | 3.3% |
现金转化率BRCCKO
| Q4 25 | — | 1.65× | ||
| Q3 25 | — | 1.36× | ||
| Q2 25 | — | 1.00× | ||
| Q1 25 | — | -1.56× | ||
| Q4 24 | — | 1.80× | ||
| Q3 24 | — | -0.44× | ||
| Q2 24 | — | 1.49× | ||
| Q1 24 | 8.97× | 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
BRCC
| Sales Channel Through Intermediary | $72.9M | 65% |
| Sales Channel Directly To Consumer | $34.4M | 31% |
| Outpost | $5.4M | 5% |
KO
| Other | $7.0B | 59% |
| Finished Product Operations | $2.4B | 21% |
| Concentrate Operations | $2.4B | 20% |
