vs
Burlington Stores, Inc.（BURL）与WHITE MOUNTAINS INSURANCE GROUP LTD（WTM）财务数据对比。点击上方公司名可切换其他公司
Burlington Stores, Inc.的季度营收约是WHITE MOUNTAINS INSURANCE GROUP LTD的1.7倍（$2.7B vs $1.6B），WHITE MOUNTAINS INSURANCE GROUP LTD净利率更高（52.1% vs 3.9%，领先48.2%），WHITE MOUNTAINS INSURANCE GROUP LTD同比增速更快（348.0% vs 7.1%），过去两年WHITE MOUNTAINS INSURANCE GROUP LTD的营收复合增速更高（57.4% vs -6.9%）
伯灵顿百货（前身为伯灵顿大衣厂）是美国知名全国性折扣零售商，在全美46个州及波多黎各拥有超过1138家门店，总部位于新泽西州伯灵顿镇。2007年公司被贝恩资本收购，2008年汤姆·金斯伯里出任总裁兼首席执行官，2013年重新上市，现为美国第三大折扣零售企业。
怀特山保险集团是一家多元化保险及相关金融服务控股企业，总部位于百慕大汉密尔顿，1999年10月25日从美国特拉华州迁册至当前注册地，大部分业务通过旗下保险子公司及其他关联机构开展，覆盖多个保险及金融服务细分赛道。
BURL vs WTM — 直观对比
营收规模更大
BURL
是对方的1.7倍
$1.6B
营收增速更快
WTM
高出340.9%
7.1%
净利率更高
WTM
高出48.2%
3.9%
两年增速更快
WTM
近两年复合增速
-6.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $1.6B |
| 净利润 | $104.8M | $835.8M |
| 毛利率 | 44.2% | 97.1% |
| 营业利润率 | 5.1% | 56.2% |
| 净利率 | 3.9% | 52.1% |
| 营收同比 | 7.1% | 348.0% |
| 净利润同比 | 15.6% | 741.0% |
| 每股收益（稀释后） | $1.63 | $325.02 |
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BURLWTM
| Q4 25 | $2.7B | $1.6B | ||
| Q3 25 | $2.7B | $864.2M | ||
| Q2 25 | $2.5B | $689.2M | ||
| Q1 25 | $3.3B | $577.8M | ||
| Q4 24 | $2.5B | $358.0M | ||
| Q3 24 | $2.5B | $839.1M | ||
| Q2 24 | $2.4B | $395.4M | ||
| Q1 24 | $3.1B | $647.3M |
净利润BURLWTM
| Q4 25 | $104.8M | $835.8M | ||
| Q3 25 | $94.2M | $113.8M | ||
| Q2 25 | $100.8M | $122.9M | ||
| Q1 25 | $260.8M | $33.9M | ||
| Q4 24 | $90.6M | $-130.4M | ||
| Q3 24 | $73.8M | $179.0M | ||
| Q2 24 | $78.5M | $-54.6M | ||
| Q1 24 | $227.5M | $236.4M |
毛利率BURLWTM
| Q4 25 | 44.2% | 97.1% | ||
| Q3 25 | 43.7% | 93.6% | ||
| Q2 25 | 43.8% | 93.8% | ||
| Q1 25 | 42.9% | 98.7% | ||
| Q4 24 | 43.9% | 97.9% | ||
| Q3 24 | 42.8% | 99.1% | ||
| Q2 24 | 43.5% | 98.2% | ||
| Q1 24 | 42.7% | 98.8% |
营业利润率BURLWTM
| Q4 25 | 5.1% | 56.2% | ||
| Q3 25 | 4.7% | 20.7% | ||
| Q2 25 | 5.3% | 25.6% | ||
| Q1 25 | 10.6% | 12.5% | ||
| Q4 24 | 4.7% | -33.7% | ||
| Q3 24 | 4.0% | 28.5% | ||
| Q2 24 | 4.7% | -8.8% | ||
| Q1 24 | 10.0% | 35.9% |
净利率BURLWTM
| Q4 25 | 3.9% | 52.1% | ||
| Q3 25 | 3.5% | 13.2% | ||
| Q2 25 | 4.0% | 17.8% | ||
| Q1 25 | 8.0% | 5.9% | ||
| Q4 24 | 3.6% | -36.4% | ||
| Q3 24 | 3.0% | 21.3% | ||
| Q2 24 | 3.3% | -13.8% | ||
| Q1 24 | 7.3% | 36.5% |
每股收益（稀释后）BURLWTM
| Q4 25 | $1.63 | $325.02 | ||
| Q3 25 | $1.47 | $44.18 | ||
| Q2 25 | $1.58 | $47.75 | ||
| Q1 25 | $4.03 | $13.19 | ||
| Q4 24 | $1.40 | $-50.98 | ||
| Q3 24 | $1.15 | $69.68 | ||
| Q2 24 | $1.22 | $-21.24 | ||
| Q1 24 | $3.51 | $92.33 |
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 | $584.1M | — |
| 总债务越低越好 | $2.0B | $837.0M |
| 股东权益账面价值 | $1.5B | $5.4B |
| 总资产 | $9.6B | $12.3B |
| 负债/权益比越低杠杆越低 | 1.32× | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资BURLWTM
| Q4 25 | $584.1M | — | ||
| Q3 25 | $747.6M | — | ||
| Q2 25 | $371.1M | — | ||
| Q1 25 | $994.7M | — | ||
| Q4 24 | $857.8M | — | ||
| Q3 24 | $659.9M | — | ||
| Q2 24 | $742.3M | — | ||
| Q1 24 | $925.4M | — |
总债务BURLWTM
| Q4 25 | $2.0B | $837.0M | ||
| Q3 25 | $2.0B | $870.4M | ||
| Q2 25 | $1.6B | $694.6M | ||
| Q1 25 | $1.5B | $676.1M | ||
| Q4 24 | $1.5B | $562.5M | ||
| Q3 24 | $1.2B | $544.9M | ||
| Q2 24 | $1.2B | $530.2M | ||
| Q1 24 | $1.4B | $532.1M |
股东权益BURLWTM
| Q4 25 | $1.5B | $5.4B | ||
| Q3 25 | $1.4B | $4.8B | ||
| Q2 25 | $1.4B | $4.6B | ||
| Q1 25 | $1.4B | $4.5B | ||
| Q4 24 | $1.1B | $4.5B | ||
| Q3 24 | $1.1B | $4.6B | ||
| Q2 24 | $1.0B | $4.4B | ||
| Q1 24 | $996.9M | $4.5B |
总资产BURLWTM
| Q4 25 | $9.6B | $12.3B | ||
| Q3 25 | $9.3B | $12.3B | ||
| Q2 25 | $8.5B | $11.8B | ||
| Q1 25 | $8.8B | $11.0B | ||
| Q4 24 | $8.4B | $9.9B | ||
| Q3 24 | $7.8B | $10.3B | ||
| Q2 24 | $7.7B | $10.2B | ||
| Q1 24 | $7.7B | $9.6B |
负债/权益比BURLWTM
| Q4 25 | 1.32× | 0.15× | ||
| Q3 25 | 1.40× | 0.18× | ||
| Q2 25 | 1.21× | 0.15× | ||
| Q1 25 | 1.12× | 0.15× | ||
| Q4 24 | 1.35× | 0.13× | ||
| Q3 24 | 1.15× | 0.12× | ||
| Q2 24 | 1.20× | 0.12× | ||
| Q1 24 | 1.40× | 0.12× |
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 | $143.3M | $53.9M |
| 自由现金流经营现金流 - 资本支出 | $-109.6M | — |
| 自由现金流率自由现金流/营收 | -4.1% | — |
| 资本支出强度资本支出/营收 | 9.3% | — |
| 现金转化率经营现金流/净利润 | 1.37× | 0.06× |
| 过去12个月自由现金流最近4个季度 | $-358.5M | — |
8季度趋势，按日历期对齐
经营现金流BURLWTM
| Q4 25 | $143.3M | $53.9M | ||
| Q3 25 | $179.4M | $359.3M | ||
| Q2 25 | $-28.9M | $177.5M | ||
| Q1 25 | $543.2M | $-40.2M | ||
| Q4 24 | $110.4M | $64.1M | ||
| Q3 24 | $160.4M | $269.4M | ||
| Q2 24 | $49.4M | $216.8M | ||
| Q1 24 | $598.5M | $36.5M |
自由现金流BURLWTM
| Q4 25 | $-109.6M | — | ||
| Q3 25 | $-101.0K | — | ||
| Q2 25 | $-438.6M | — | ||
| Q1 25 | $189.8M | — | ||
| Q4 24 | $-56.2M | — | ||
| Q3 24 | $-35.2M | — | ||
| Q2 24 | $-115.5M | — | ||
| Q1 24 | $410.3M | — |
自由现金流率BURLWTM
| Q4 25 | -4.1% | — | ||
| Q3 25 | -0.0% | — | ||
| Q2 25 | -17.5% | — | ||
| Q1 25 | 5.8% | — | ||
| Q4 24 | -2.2% | — | ||
| Q3 24 | -1.4% | — | ||
| Q2 24 | -4.9% | — | ||
| Q1 24 | 13.1% | — |
资本支出强度BURLWTM
| Q4 25 | 9.3% | — | ||
| Q3 25 | 6.6% | — | ||
| Q2 25 | 16.4% | — | ||
| Q1 25 | 10.8% | — | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 7.9% | — | ||
| Q2 24 | 7.0% | — | ||
| Q1 24 | 6.0% | — |
现金转化率BURLWTM
| Q4 25 | 1.37× | 0.06× | ||
| Q3 25 | 1.91× | 3.16× | ||
| Q2 25 | -0.29× | 1.44× | ||
| Q1 25 | 2.08× | -1.19× | ||
| Q4 24 | 1.22× | — | ||
| Q3 24 | 2.18× | 1.51× | ||
| Q2 24 | 0.63× | — | ||
| Q1 24 | 2.63× | 0.15× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
