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BrightView Holdings, Inc.（BV）与奥驰亚（MO）财务数据对比。点击上方公司名可切换其他公司
奥驰亚的季度营收约是BrightView Holdings, Inc.的9.5倍（$5.8B vs $614.7M）。奥驰亚净利率更高（19.1% vs -2.5%，领先21.6%）。BrightView Holdings, Inc.同比增速更快（2.6% vs -2.1%）。奥驰亚自由现金流更多（$3.2B vs $-18.6M）。过去两年奥驰亚的营收复合增速更高（2.4% vs -4.4%）
BrightView Holdings是美国领先的商业景观服务提供商，业务涵盖景观设计、施工、日常养护、灌溉系统管理、除雪除冰等，服务客户覆盖企业园区、商业中心、住宅社区及公共部门等场景。
奥驰亚集团是美国头部烟草企业，通过旗下子公司生产销售可燃烟草与口服类烟草相关产品，核心品牌包括万宝路香烟、Black & Mild雪茄及烟斗烟、哥本哈根、斯库尔等湿无烟烟草，以及on!口服尼古丁袋，产品主要供应批发商、分销商及大型零售客户。
BV vs MO — 直观对比
营收规模更大
MO
是对方的9.5倍
$614.7M
营收增速更快
BV
高出4.7%
-2.1%
净利率更高
MO
高出21.6%
-2.5%
自由现金流更多
MO
多$3.2B
$-18.6M
两年增速更快
MO
近两年复合增速
-4.4%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $614.7M | $5.8B |
| 净利润 | $-15.2M | $1.1B |
| 毛利率 | 18.6% | 62.1% |
| 营业利润率 | -1.2% | 28.2% |
| 净利率 | -2.5% | 19.1% |
| 营收同比 | 2.6% | -2.1% |
| 净利润同比 | -46.2% | -63.2% |
| 每股收益（稀释后） | $-0.26 | $0.67 |
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BVMO
| Q4 25 | $614.7M | $5.8B | ||
| Q3 25 | $702.7M | $6.1B | ||
| Q2 25 | $708.3M | $6.1B | ||
| Q1 25 | $662.6M | $5.3B | ||
| Q4 24 | $599.2M | $6.0B | ||
| Q3 24 | $728.7M | $6.3B | ||
| Q2 24 | $738.8M | $6.2B | ||
| Q1 24 | $672.9M | $5.6B |
净利润BVMO
| Q4 25 | $-15.2M | $1.1B | ||
| Q3 25 | $27.7M | $2.4B | ||
| Q2 25 | $32.3M | $2.4B | ||
| Q1 25 | $6.4M | $1.1B | ||
| Q4 24 | $-10.4M | $3.0B | ||
| Q3 24 | $25.6M | $2.3B | ||
| Q2 24 | $23.5M | $3.8B | ||
| Q1 24 | $33.7M | $2.1B |
毛利率BVMO
| Q4 25 | 18.6% | 62.1% | ||
| Q3 25 | 25.1% | 62.8% | ||
| Q2 25 | 24.1% | 63.1% | ||
| Q1 25 | 22.3% | 61.8% | ||
| Q4 24 | 21.2% | 60.3% | ||
| Q3 24 | 25.0% | 60.8% | ||
| Q2 24 | 24.0% | 59.2% | ||
| Q1 24 | 22.6% | 58.8% |
营业利润率BVMO
| Q4 25 | -1.2% | 28.2% | ||
| Q3 25 | 7.9% | 53.2% | ||
| Q2 25 | 8.1% | 52.9% | ||
| Q1 25 | 3.4% | 34.0% | ||
| Q4 24 | -0.1% | 48.2% | ||
| Q3 24 | 7.1% | 50.4% | ||
| Q2 24 | 6.6% | 40.8% | ||
| Q1 24 | 9.2% | 48.0% |
净利率BVMO
| Q4 25 | -2.5% | 19.1% | ||
| Q3 25 | 3.9% | 39.1% | ||
| Q2 25 | 4.6% | 39.0% | ||
| Q1 25 | 1.0% | 20.5% | ||
| Q4 24 | -1.7% | 50.9% | ||
| Q3 24 | 3.5% | 36.6% | ||
| Q2 24 | 3.2% | 61.2% | ||
| Q1 24 | 5.0% | 38.2% |
每股收益（稀释后）BVMO
| Q4 25 | $-0.26 | $0.67 | ||
| Q3 25 | $0.21 | $1.41 | ||
| Q2 25 | $0.15 | $1.41 | ||
| Q1 25 | $-0.03 | $0.63 | ||
| Q4 24 | $-0.20 | $1.78 | ||
| Q3 24 | $0.20 | $1.34 | ||
| Q2 24 | $0.10 | $2.21 | ||
| Q1 24 | $0.17 | $1.21 |
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 | $37.0M | $4.5B |
| 总债务越低越好 | $801.1M | $25.7B |
| 股东权益账面价值 | $1.3B | $-3.5B |
| 总资产 | $3.3B | $35.0B |
| 负债/权益比越低杠杆越低 | 0.64× | — |
8季度趋势，按日历期对齐
现金及短期投资BVMO
| Q4 25 | $37.0M | $4.5B | ||
| Q3 25 | $74.5M | $3.5B | ||
| Q2 25 | $79.1M | $1.3B | ||
| Q1 25 | $141.3M | $4.7B | ||
| Q4 24 | $98.3M | $3.1B | ||
| Q3 24 | $140.4M | $1.9B | ||
| Q2 24 | $115.9M | $1.8B | ||
| Q1 24 | $177.3M | $3.6B |
总债务BVMO
| Q4 25 | $801.1M | $25.7B | ||
| Q3 25 | $790.2M | $25.7B | ||
| Q2 25 | $790.7M | $24.7B | ||
| Q1 25 | $798.9M | $26.1B | ||
| Q4 24 | $796.5M | $24.9B | ||
| Q3 24 | $802.5M | $25.2B | ||
| Q2 24 | — | $25.0B | ||
| Q1 24 | — | $25.0B |
股东权益BVMO
| Q4 25 | $1.3B | $-3.5B | ||
| Q3 25 | $1.3B | $-2.6B | ||
| Q2 25 | $1.3B | $-3.3B | ||
| Q1 25 | $1.3B | $-3.5B | ||
| Q4 24 | $1.3B | $-2.2B | ||
| Q3 24 | $1.3B | $-3.5B | ||
| Q2 24 | $1.3B | $-3.0B | ||
| Q1 24 | $1.2B | $-5.1B |
总资产BVMO
| Q4 25 | $3.3B | $35.0B | ||
| Q3 25 | $3.4B | $35.0B | ||
| Q2 25 | $3.4B | $32.3B | ||
| Q1 25 | $3.3B | $35.8B | ||
| Q4 24 | $3.3B | $35.2B | ||
| Q3 24 | $3.4B | $34.2B | ||
| Q2 24 | $3.4B | $34.4B | ||
| Q1 24 | $3.4B | $36.5B |
负债/权益比BVMO
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.63× | — | ||
| Q4 24 | 0.63× | — | ||
| Q3 24 | 0.63× | — | ||
| 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 | $36.1M | $3.3B |
| 自由现金流经营现金流 - 资本支出 | $-18.6M | $3.2B |
| 自由现金流率自由现金流/营收 | -3.0% | 54.4% |
| 资本支出强度资本支出/营收 | 8.9% | 1.6% |
| 现金转化率经营现金流/净利润 | — | 2.93× |
| 过去12个月自由现金流最近4个季度 | $17.2M | $9.1B |
8季度趋势，按日历期对齐
经营现金流BVMO
| Q4 25 | $36.1M | $3.3B | ||
| Q3 25 | $84.4M | $3.1B | ||
| Q2 25 | $55.7M | $205.0M | ||
| Q1 25 | $91.2M | $2.7B | ||
| Q4 24 | $60.5M | $3.3B | ||
| Q3 24 | $53.5M | $2.6B | ||
| Q2 24 | $42.6M | $-75.0M | ||
| Q1 24 | $83.3M | $2.9B |
自由现金流BVMO
| Q4 25 | $-18.6M | $3.2B | ||
| Q3 25 | $26.0M | $3.0B | ||
| Q2 25 | $-47.8M | $173.0M | ||
| Q1 25 | $57.6M | $2.7B | ||
| Q4 24 | $1.8M | $3.3B | ||
| Q3 24 | $21.1M | $2.6B | ||
| Q2 24 | $19.3M | $-104.0M | ||
| Q1 24 | $70.7M | $2.8B |
自由现金流率BVMO
| Q4 25 | -3.0% | 54.4% | ||
| Q3 25 | 3.7% | 50.1% | ||
| Q2 25 | -6.7% | 2.8% | ||
| Q1 25 | 8.7% | 51.0% | ||
| Q4 24 | 0.3% | 55.1% | ||
| Q3 24 | 2.9% | 41.2% | ||
| Q2 24 | 2.6% | -1.7% | ||
| Q1 24 | 10.5% | 51.0% |
资本支出强度BVMO
| Q4 25 | 8.9% | 1.6% | ||
| Q3 25 | 8.3% | 0.9% | ||
| Q2 25 | 14.6% | 0.5% | ||
| Q1 25 | 5.1% | 0.7% | ||
| Q4 24 | 9.8% | 0.8% | ||
| Q3 24 | 4.4% | 0.5% | ||
| Q2 24 | 3.2% | 0.5% | ||
| Q1 24 | 1.9% | 0.6% |
现金转化率BVMO
| Q4 25 | — | 2.93× | ||
| Q3 25 | 3.05× | 1.30× | ||
| Q2 25 | 1.72× | 0.09× | ||
| Q1 25 | 14.25× | 2.53× | ||
| Q4 24 | — | 1.10× | ||
| Q3 24 | 2.09× | 1.14× | ||
| Q2 24 | 1.81× | -0.02× | ||
| Q1 24 | 2.47× | 1.35× |
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
BV
| Landscape Maintenance | $368.0M | 60% |
| Development Services Segment | $179.2M | 29% |
| Snow Removal | $68.4M | 11% |
MO
| Smokeable Products Segment | $5.1B | 88% |
| Oral Tobacco Segment | $706.0M | 12% |
