vs
CrossAmerica Partners LP（CAPL）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CrossAmerica Partners LP的1.8倍（$1.6B vs $866.3M），CrossAmerica Partners LP净利率更高（1.2% vs -0.8%，领先2.0%），Primo Brands Corp自由现金流更多（$57.3M vs $22.4M）
塔峰资本合伙人（TowerBrook Capital Partners）是一家总部位于伦敦和纽约的投资管理公司，2005年从索罗斯基金管理分拆独立。该机构主打私募股权及结构性机会投资，曾收购奢侈品品牌Jimmy Choo控股权，截至2025年其管理规模超250亿美元，官网公示在管投资项目共110个。
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。
CAPL vs PRMB — 直观对比
营收规模更大
PRMB
是对方的1.8倍
$866.3M
净利率更高
CAPL
高出2.0%
-0.8%
自由现金流更多
PRMB
多$34.9M
$22.4M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $1.6B |
| 净利润 | $10.2M | $-13.0M |
| 毛利率 | 12.4% | 27.7% |
| 营业利润率 | 3.0% | 1.2% |
| 净利率 | 1.2% | -0.8% |
| 营收同比 | -8.3% | — |
| 净利润同比 | -39.6% | — |
| 每股收益（稀释后） | $0.24 | $-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CAPLPRMB
| Q4 25 | $866.3M | $1.6B | ||
| Q3 25 | $971.8M | $1.8B | ||
| Q2 25 | $961.9M | $1.7B | ||
| Q1 25 | $862.5M | $1.6B | ||
| Q4 24 | $944.2M | — | ||
| Q3 24 | $1.1B | $0 | ||
| Q2 24 | $1.1B | $1.3B | ||
| Q1 24 | $941.5M | $1.1B |
净利润CAPLPRMB
| Q4 25 | $10.2M | $-13.0M | ||
| Q3 25 | $13.6M | $16.8M | ||
| Q2 25 | $25.2M | $27.6M | ||
| Q1 25 | $-7.1M | $28.7M | ||
| Q4 24 | $16.9M | — | ||
| Q3 24 | $10.7M | $-2.0K | ||
| Q2 24 | $12.4M | $54.5M | ||
| Q1 24 | $-17.5M | $33.5M |
毛利率CAPLPRMB
| Q4 25 | 12.4% | 27.7% | ||
| Q3 25 | 10.8% | 29.9% | ||
| Q2 25 | 10.5% | 31.3% | ||
| Q1 25 | 10.4% | 32.3% | ||
| Q4 24 | 10.7% | — | ||
| Q3 24 | 10.3% | — | ||
| Q2 24 | 9.2% | 32.7% | ||
| Q1 24 | 8.6% | 30.4% |
营业利润率CAPLPRMB
| Q4 25 | 3.0% | 1.2% | ||
| Q3 25 | 2.9% | 8.3% | ||
| Q2 25 | 4.3% | 6.5% | ||
| Q1 25 | 0.2% | 9.5% | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 2.5% | 12.1% | ||
| Q1 24 | -1.4% | 11.0% |
净利率CAPLPRMB
| Q4 25 | 1.2% | -0.8% | ||
| Q3 25 | 1.4% | 1.0% | ||
| Q2 25 | 2.6% | 1.6% | ||
| Q1 25 | -0.8% | 1.8% | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 1.1% | 4.1% | ||
| Q1 24 | -1.9% | 2.9% |
每股收益（稀释后）CAPLPRMB
| Q4 25 | $0.24 | $-0.03 | ||
| Q3 25 | $0.34 | $0.04 | ||
| Q2 25 | $0.64 | $0.07 | ||
| Q1 25 | $-0.20 | $0.08 | ||
| Q4 24 | $0.42 | — | ||
| Q3 24 | $0.27 | $-20.00 | ||
| Q2 24 | $0.31 | $0.25 | ||
| Q1 24 | $-0.48 | $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 | $3.1M | $376.7M |
| 总债务越低越好 | $687.2M | $5.2B |
| 股东权益账面价值 | — | $3.0B |
| 总资产 | $964.7M | $10.6B |
| 负债/权益比越低杠杆越低 | — | 1.72× |
8季度趋势，按日历期对齐
现金及短期投资CAPLPRMB
| Q4 25 | $3.1M | $376.7M | ||
| Q3 25 | $5.8M | — | ||
| Q2 25 | $9.7M | — | ||
| Q1 25 | $6.7M | — | ||
| Q4 24 | $3.4M | — | ||
| Q3 24 | $7.8M | — | ||
| Q2 24 | $5.5M | — | ||
| Q1 24 | $6.3M | — |
总债务CAPLPRMB
| Q4 25 | $687.2M | $5.2B | ||
| Q3 25 | $700.8M | $5.1B | ||
| Q2 25 | $722.7M | $5.1B | ||
| Q1 25 | $774.1M | $5.0B | ||
| Q4 24 | $763.9M | — | ||
| Q3 24 | $769.2M | — | ||
| Q2 24 | $786.7M | — | ||
| Q1 24 | $795.8M | — |
股东权益CAPLPRMB
| Q4 25 | — | $3.0B | ||
| Q3 25 | — | $3.2B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-2.0K | ||
| Q2 24 | — | $-296.8M | ||
| Q1 24 | — | $-349.8M |
总资产CAPLPRMB
| Q4 25 | $964.7M | $10.6B | ||
| Q3 25 | $998.9M | $11.0B | ||
| Q2 25 | $1.0B | $11.0B | ||
| Q1 25 | $1.1B | $11.0B | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | $0 | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
负债/权益比CAPLPRMB
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | 1.61× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 1.51× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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 | $29.4M | $203.1M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $57.3M |
| 自由现金流率自由现金流/营收 | 2.6% | 3.7% |
| 资本支出强度资本支出/营收 | 0.8% | 9.4% |
| 现金转化率经营现金流/净利润 | 2.89× | — |
| 过去12个月自由现金流最近4个季度 | $55.8M | $302.9M |
8季度趋势，按日历期对齐
经营现金流CAPLPRMB
| Q4 25 | $29.4M | $203.1M | ||
| Q3 25 | $24.4M | $283.4M | ||
| Q2 25 | $22.6M | $155.0M | ||
| Q1 25 | $15.0M | $38.8M | ||
| Q4 24 | $11.1M | — | ||
| Q3 24 | $41.9M | $0 | ||
| Q2 24 | $28.9M | $102.5M | ||
| Q1 24 | $5.8M | $6.0M |
自由现金流CAPLPRMB
| Q4 25 | $22.4M | $57.3M | ||
| Q3 25 | $17.7M | $167.7M | ||
| Q2 25 | $10.8M | $101.1M | ||
| Q1 25 | $4.9M | $-23.2M | ||
| Q4 24 | $3.9M | — | ||
| Q3 24 | $34.2M | — | ||
| Q2 24 | $23.6M | $61.4M | ||
| Q1 24 | $-289.0K | $-17.5M |
自由现金流率CAPLPRMB
| Q4 25 | 2.6% | 3.7% | ||
| Q3 25 | 1.8% | 9.5% | ||
| Q2 25 | 1.1% | 5.8% | ||
| Q1 25 | 0.6% | -1.4% | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 2.1% | 4.7% | ||
| Q1 24 | -0.0% | -1.5% |
资本支出强度CAPLPRMB
| Q4 25 | 0.8% | 9.4% | ||
| Q3 25 | 0.7% | 6.6% | ||
| Q2 25 | 1.2% | 3.1% | ||
| Q1 25 | 1.2% | 3.8% | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.5% | 3.1% | ||
| Q1 24 | 0.6% | 2.1% |
现金转化率CAPLPRMB
| Q4 25 | 2.89× | — | ||
| Q3 25 | 1.79× | 16.87× | ||
| Q2 25 | 0.90× | 5.62× | ||
| Q1 25 | — | 1.35× | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 3.92× | — | ||
| Q2 24 | 2.33× | 1.88× | ||
| Q1 24 | — | 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
CAPL
| Retail Segment | $505.3M | 58% |
| Wholesale | $360.9M | 42% |
| Other | $1.2M | 0% |
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% |
