vs
BRC Inc.（BRCC）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
STURM RUGER & CO INC的季度营收约是BRC Inc.的1.3倍（$151.1M vs $112.7M），BRC Inc.同比增速更快（6.5% vs 3.6%），STURM RUGER & CO INC自由现金流更多（$12.3M vs $-9.4M），过去两年BRC Inc.的营收复合增速更高（7.0% vs 5.1%）
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。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
BRCC vs RGR — 直观对比
营收规模更大
RGR
是对方的1.3倍
$112.7M
营收增速更快
BRCC
高出2.9%
3.6%
自由现金流更多
RGR
多$21.7M
$-9.4M
两年增速更快
BRCC
近两年复合增速
5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $112.7M | $151.1M |
| 净利润 | $-3.2M | — |
| 毛利率 | 32.1% | 17.8% |
| 营业利润率 | -6.3% | 2.3% |
| 净利率 | -2.8% | — |
| 营收同比 | 6.5% | 3.6% |
| 净利润同比 | -29.3% | — |
| 每股收益（稀释后） | $-0.02 | $0.22 |
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BRCCRGR
| Q4 25 | $112.7M | $151.1M | ||
| Q3 25 | $100.7M | $126.8M | ||
| Q2 25 | $94.8M | $132.5M | ||
| Q1 25 | $90.0M | $135.7M | ||
| Q4 24 | $105.9M | $145.8M | ||
| Q3 24 | $98.2M | $122.3M | ||
| Q2 24 | $89.0M | $130.8M | ||
| Q1 24 | $98.4M | $136.8M |
净利润BRCCRGR
| Q4 25 | $-3.2M | — | ||
| Q3 25 | $-486.0K | $1.6M | ||
| Q2 25 | $-5.3M | $-17.2M | ||
| Q1 25 | $-2.9M | $7.8M | ||
| Q4 24 | $-2.5M | — | ||
| Q3 24 | $-535.0K | $4.7M | ||
| Q2 24 | $-482.0K | $8.3M | ||
| Q1 24 | $548.0K | $7.1M |
毛利率BRCCRGR
| Q4 25 | 32.1% | 17.8% | ||
| Q3 25 | 36.9% | 15.1% | ||
| Q2 25 | 33.9% | 3.9% | ||
| Q1 25 | 36.1% | 22.0% | ||
| Q4 24 | 38.1% | 22.8% | ||
| Q3 24 | 42.1% | 18.5% | ||
| Q2 24 | 41.9% | 22.3% | ||
| Q1 24 | 42.9% | 21.5% |
营业利润率BRCCRGR
| Q4 25 | -6.3% | 2.3% | ||
| Q3 25 | 0.5% | -2.7% | ||
| Q2 25 | -13.3% | -15.6% | ||
| Q1 25 | -6.0% | 6.2% | ||
| Q4 24 | -2.1% | 7.8% | ||
| Q3 24 | 1.1% | 3.1% | ||
| Q2 24 | 1.1% | 6.9% | ||
| Q1 24 | 4.0% | 5.5% |
净利率BRCCRGR
| Q4 25 | -2.8% | — | ||
| Q3 25 | -0.5% | 1.2% | ||
| Q2 25 | -5.6% | -13.0% | ||
| Q1 25 | -3.2% | 5.7% | ||
| Q4 24 | -2.3% | — | ||
| Q3 24 | -0.5% | 3.9% | ||
| Q2 24 | -0.5% | 6.3% | ||
| Q1 24 | 0.6% | 5.2% |
每股收益（稀释后）BRCCRGR
| Q4 25 | $-0.02 | $0.22 | ||
| Q3 25 | $0.00 | $0.10 | ||
| Q2 25 | $-0.07 | $-1.05 | ||
| Q1 25 | $-0.04 | $0.46 | ||
| Q4 24 | $-0.03 | $0.62 | ||
| Q3 24 | $-0.01 | $0.28 | ||
| Q2 24 | $-0.01 | $0.47 | ||
| Q1 24 | $0.01 | $0.40 |
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 | $92.5M |
| 总债务越低越好 | $34.7M | — |
| 股东权益账面价值 | $45.7M | $283.8M |
| 总资产 | $209.2M | $342.0M |
| 负债/权益比越低杠杆越低 | 0.76× | — |
8季度趋势，按日历期对齐
现金及短期投资BRCCRGR
| Q4 25 | $4.3M | $92.5M | ||
| Q3 25 | $9.5M | $80.8M | ||
| Q2 25 | $4.3M | $101.4M | ||
| Q1 25 | $3.9M | $108.3M | ||
| Q4 24 | $6.8M | $105.5M | ||
| Q3 24 | $7.3M | $96.0M | ||
| Q2 24 | $9.6M | $105.6M | ||
| Q1 24 | $4.0M | $115.3M |
总债务BRCCRGR
| Q4 25 | $34.7M | — | ||
| Q3 25 | $35.0M | — | ||
| Q2 25 | $72.7M | — | ||
| Q1 25 | $68.8M | — | ||
| Q4 24 | $65.1M | — | ||
| Q3 24 | $64.9M | — | ||
| Q2 24 | $66.5M | — | ||
| Q1 24 | $61.5M | — |
股东权益BRCCRGR
| Q4 25 | $45.7M | $283.8M | ||
| Q3 25 | $48.0M | $279.6M | ||
| Q2 25 | $10.1M | $289.3M | ||
| Q1 25 | $11.2M | $321.5M | ||
| Q4 24 | $13.2M | $319.6M | ||
| Q3 24 | $14.5M | $314.9M | ||
| Q2 24 | $14.9M | $321.5M | ||
| Q1 24 | $14.6M | $332.0M |
总资产BRCCRGR
| Q4 25 | $209.2M | $342.0M | ||
| Q3 25 | $222.4M | $342.3M | ||
| Q2 25 | $225.3M | $349.5M | ||
| Q1 25 | $222.9M | $379.0M | ||
| Q4 24 | $227.4M | $384.0M | ||
| Q3 24 | $233.7M | $373.5M | ||
| Q2 24 | $229.9M | $376.7M | ||
| Q1 24 | $227.2M | $385.0M |
负债/权益比BRCCRGR
| Q4 25 | 0.76× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 7.19× | — | ||
| Q1 25 | 6.15× | — | ||
| 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 | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $-9.4M | $12.3M |
| 自由现金流率自由现金流/营收 | -8.3% | 8.2% |
| 资本支出强度资本支出/营收 | 0.6% | 2.1% |
| 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 | $38.5M |
8季度趋势，按日历期对齐
经营现金流BRCCRGR
| Q4 25 | $-8.7M | $15.5M | ||
| Q3 25 | $6.4M | $12.9M | ||
| Q2 25 | $-3.3M | $14.7M | ||
| Q1 25 | $-4.1M | $11.1M | ||
| Q4 24 | $2.2M | $20.0M | ||
| Q3 24 | $1.9M | $9.4M | ||
| Q2 24 | $2.3M | $18.7M | ||
| Q1 24 | $4.9M | $7.3M |
自由现金流BRCCRGR
| Q4 25 | $-9.4M | $12.3M | ||
| Q3 25 | $5.6M | $7.0M | ||
| Q2 25 | $-4.3M | $9.1M | ||
| Q1 25 | $-5.3M | $10.0M | ||
| Q4 24 | $504.0K | $16.4M | ||
| Q3 24 | $-205.0K | $2.6M | ||
| Q2 24 | $147.0K | $10.1M | ||
| Q1 24 | $2.2M | $5.6M |
自由现金流率BRCCRGR
| Q4 25 | -8.3% | 8.2% | ||
| Q3 25 | 5.5% | 5.5% | ||
| Q2 25 | -4.5% | 6.9% | ||
| Q1 25 | -5.9% | 7.4% | ||
| Q4 24 | 0.5% | 11.2% | ||
| Q3 24 | -0.2% | 2.1% | ||
| Q2 24 | 0.2% | 7.7% | ||
| Q1 24 | 2.2% | 4.1% |
资本支出强度BRCCRGR
| Q4 25 | 0.6% | 2.1% | ||
| Q3 25 | 0.8% | 4.6% | ||
| Q2 25 | 1.0% | 4.2% | ||
| Q1 25 | 1.3% | 0.8% | ||
| Q4 24 | 1.6% | 2.5% | ||
| Q3 24 | 2.2% | 5.5% | ||
| Q2 24 | 2.4% | 6.6% | ||
| Q1 24 | 2.8% | 1.3% |
现金转化率BRCCRGR
| Q4 25 | — | — | ||
| Q3 25 | — | 8.15× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | 8.97× | 1.04× |
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% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
