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BRC Inc.（BRCC）与Primo Brands Corp（PRMB）财务数据对比。点击上方公司名可切换其他公司
Primo Brands Corp的季度营收约是BRC Inc.的13.8倍（$1.6B vs $112.7M）。Primo Brands Corp净利率更高（-0.8% vs -2.8%，领先2.0%）。Primo Brands Corp自由现金流更多（$57.3M vs $-9.4M）
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。
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
BRCC vs PRMB — 直观对比
营收规模更大
PRMB
是对方的13.8倍
$112.7M
净利率更高
PRMB
高出2.0%
-2.8%
自由现金流更多
PRMB
多$66.7M
$-9.4M
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $112.7M | $1.6B |
| 净利润 | $-3.2M | $-13.0M |
| 毛利率 | 32.1% | 27.7% |
| 营业利润率 | -6.3% | 1.2% |
| 净利率 | -2.8% | -0.8% |
| 营收同比 | 6.5% | — |
| 净利润同比 | -29.3% | — |
| 每股收益（稀释后） | $-0.02 | $-0.03 |
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BRCCPRMB
| Q4 25 | $112.7M | $1.6B | ||
| Q3 25 | $100.7M | $1.8B | ||
| Q2 25 | $94.8M | $1.7B | ||
| Q1 25 | $90.0M | $1.6B | ||
| Q4 24 | $105.9M | — | ||
| Q3 24 | $98.2M | $0 | ||
| Q2 24 | $89.0M | $1.3B | ||
| Q1 24 | $98.4M | $1.1B |
净利润BRCCPRMB
| Q4 25 | $-3.2M | $-13.0M | ||
| Q3 25 | $-486.0K | $16.8M | ||
| Q2 25 | $-5.3M | $27.6M | ||
| Q1 25 | $-2.9M | $28.7M | ||
| Q4 24 | $-2.5M | — | ||
| Q3 24 | $-535.0K | $-2.0K | ||
| Q2 24 | $-482.0K | $54.5M | ||
| Q1 24 | $548.0K | $33.5M |
毛利率BRCCPRMB
| Q4 25 | 32.1% | 27.7% | ||
| Q3 25 | 36.9% | 29.9% | ||
| Q2 25 | 33.9% | 31.3% | ||
| Q1 25 | 36.1% | 32.3% | ||
| Q4 24 | 38.1% | — | ||
| Q3 24 | 42.1% | — | ||
| Q2 24 | 41.9% | 32.7% | ||
| Q1 24 | 42.9% | 30.4% |
营业利润率BRCCPRMB
| Q4 25 | -6.3% | 1.2% | ||
| Q3 25 | 0.5% | 8.3% | ||
| Q2 25 | -13.3% | 6.5% | ||
| Q1 25 | -6.0% | 9.5% | ||
| Q4 24 | -2.1% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 1.1% | 12.1% | ||
| Q1 24 | 4.0% | 11.0% |
净利率BRCCPRMB
| Q4 25 | -2.8% | -0.8% | ||
| Q3 25 | -0.5% | 1.0% | ||
| Q2 25 | -5.6% | 1.6% | ||
| Q1 25 | -3.2% | 1.8% | ||
| Q4 24 | -2.3% | — | ||
| Q3 24 | -0.5% | — | ||
| Q2 24 | -0.5% | 4.1% | ||
| Q1 24 | 0.6% | 2.9% |
每股收益（稀释后）BRCCPRMB
| Q4 25 | $-0.02 | $-0.03 | ||
| Q3 25 | $0.00 | $0.04 | ||
| Q2 25 | $-0.07 | $0.07 | ||
| Q1 25 | $-0.04 | $0.08 | ||
| Q4 24 | $-0.03 | — | ||
| Q3 24 | $-0.01 | $-20.00 | ||
| Q2 24 | $-0.01 | $0.25 | ||
| Q1 24 | $0.01 | $0.15 |
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 | $376.7M |
| 总债务越低越好 | $34.7M | $5.2B |
| 股东权益账面价值 | $45.7M | $3.0B |
| 总资产 | $209.2M | $10.6B |
| 负债/权益比越低杠杆越低 | 0.76× | 1.72× |
8季度趋势，按日历期对齐
现金及短期投资BRCCPRMB
| Q4 25 | $4.3M | $376.7M | ||
| Q3 25 | $9.5M | — | ||
| Q2 25 | $4.3M | — | ||
| Q1 25 | $3.9M | — | ||
| Q4 24 | $6.8M | — | ||
| Q3 24 | $7.3M | — | ||
| Q2 24 | $9.6M | — | ||
| Q1 24 | $4.0M | — |
总债务BRCCPRMB
| Q4 25 | $34.7M | $5.2B | ||
| Q3 25 | $35.0M | $5.1B | ||
| Q2 25 | $72.7M | $5.1B | ||
| Q1 25 | $68.8M | $5.0B | ||
| Q4 24 | $65.1M | — | ||
| Q3 24 | $64.9M | — | ||
| Q2 24 | $66.5M | — | ||
| Q1 24 | $61.5M | — |
股东权益BRCCPRMB
| Q4 25 | $45.7M | $3.0B | ||
| Q3 25 | $48.0M | $3.2B | ||
| Q2 25 | $10.1M | $3.2B | ||
| Q1 25 | $11.2M | $3.3B | ||
| Q4 24 | $13.2M | — | ||
| Q3 24 | $14.5M | $-2.0K | ||
| Q2 24 | $14.9M | $-296.8M | ||
| Q1 24 | $14.6M | $-349.8M |
总资产BRCCPRMB
| Q4 25 | $209.2M | $10.6B | ||
| Q3 25 | $222.4M | $11.0B | ||
| Q2 25 | $225.3M | $11.0B | ||
| Q1 25 | $222.9M | $11.0B | ||
| Q4 24 | $227.4M | — | ||
| Q3 24 | $233.7M | $0 | ||
| Q2 24 | $229.9M | — | ||
| Q1 24 | $227.2M | — |
负债/权益比BRCCPRMB
| Q4 25 | 0.76× | 1.72× | ||
| Q3 25 | 0.73× | 1.61× | ||
| Q2 25 | 7.19× | 1.57× | ||
| Q1 25 | 6.15× | 1.51× | ||
| Q4 24 | 4.94× | — | ||
| Q3 24 | 4.47× | — | ||
| Q2 24 | 4.46× | — | ||
| Q1 24 | 4.21× | — |
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 | $203.1M |
| 自由现金流经营现金流 - 资本支出 | $-9.4M | $57.3M |
| 自由现金流率自由现金流/营收 | -8.3% | 3.7% |
| 资本支出强度资本支出/营收 | 0.6% | 9.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-13.5M | $302.9M |
8季度趋势，按日历期对齐
经营现金流BRCCPRMB
| Q4 25 | $-8.7M | $203.1M | ||
| Q3 25 | $6.4M | $283.4M | ||
| Q2 25 | $-3.3M | $155.0M | ||
| Q1 25 | $-4.1M | $38.8M | ||
| Q4 24 | $2.2M | — | ||
| Q3 24 | $1.9M | $0 | ||
| Q2 24 | $2.3M | $102.5M | ||
| Q1 24 | $4.9M | $6.0M |
自由现金流BRCCPRMB
| Q4 25 | $-9.4M | $57.3M | ||
| Q3 25 | $5.6M | $167.7M | ||
| Q2 25 | $-4.3M | $101.1M | ||
| Q1 25 | $-5.3M | $-23.2M | ||
| Q4 24 | $504.0K | — | ||
| Q3 24 | $-205.0K | — | ||
| Q2 24 | $147.0K | $61.4M | ||
| Q1 24 | $2.2M | $-17.5M |
自由现金流率BRCCPRMB
| Q4 25 | -8.3% | 3.7% | ||
| Q3 25 | 5.5% | 9.5% | ||
| Q2 25 | -4.5% | 5.8% | ||
| Q1 25 | -5.9% | -1.4% | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | -0.2% | — | ||
| Q2 24 | 0.2% | 4.7% | ||
| Q1 24 | 2.2% | -1.5% |
资本支出强度BRCCPRMB
| Q4 25 | 0.6% | 9.4% | ||
| Q3 25 | 0.8% | 6.6% | ||
| Q2 25 | 1.0% | 3.1% | ||
| Q1 25 | 1.3% | 3.8% | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | 2.4% | 3.1% | ||
| Q1 24 | 2.8% | 2.1% |
现金转化率BRCCPRMB
| Q4 25 | — | — | ||
| Q3 25 | — | 16.87× | ||
| Q2 25 | — | 5.62× | ||
| Q1 25 | — | 1.35× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.88× | ||
| Q1 24 | 8.97× | 0.18× |
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% |
PRMB
| Regional Spring Water | $765.1M | 49% |
| Purified Water | $484.5M | 31% |
| Other | $188.4M | 12% |
| Premium Water | $90.3M | 6% |
| Other Water | $25.8M | 2% |
