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Celsius Holdings, Inc.（CELH）与必能宝（PBI）财务数据对比。点击上方公司名可切换其他公司
Celsius Holdings, Inc.的季度营收约是必能宝的1.5倍（$721.6M vs $477.6M），必能宝净利率更高（5.7% vs 3.4%，领先2.3%），Celsius Holdings, Inc.同比增速更快（117.2% vs -7.5%），必能宝自由现金流更多（$201.4M vs $-130.0M），过去两年Celsius Holdings, Inc.的营收复合增速更高（42.4% vs -4.3%）
Celsius Holdings Inc.是美国功能饮品企业，旗下Celsius品牌主打健身饮料、能量饮品系列，产品主打健康定位，公司CEO曾表示这一差异化优势是品牌取得市场成功的核心原因。
必能宝（Pitney Bowes）是全球知名科技与物流服务商，提供电商配送、邮寄处理、订单履约及客户信息管理解决方案，服务零售、金融、医疗、政府等领域的各类大中小企业客户，助力企业优化物流配送与客户运营效率。
CELH vs PBI — 直观对比
营收规模更大
CELH
是对方的1.5倍
$477.6M
营收增速更快
CELH
高出124.7%
-7.5%
净利率更高
PBI
高出2.3%
3.4%
自由现金流更多
PBI
多$331.4M
$-130.0M
两年增速更快
CELH
近两年复合增速
-4.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $721.6M | $477.6M |
| 净利润 | $24.7M | $27.3M |
| 毛利率 | 47.4% | — |
| 营业利润率 | 3.6% | 8.0% |
| 净利率 | 3.4% | 5.7% |
| 营收同比 | 117.2% | -7.5% |
| 净利润同比 | 231.1% | 173.1% |
| 每股收益（稀释后） | $0.04 | $0.18 |
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CELHPBI
| Q4 25 | $721.6M | $477.6M | ||
| Q3 25 | $725.1M | $459.7M | ||
| Q2 25 | $739.3M | $461.9M | ||
| Q1 25 | $329.3M | $493.4M | ||
| Q4 24 | $332.2M | $516.1M | ||
| Q3 24 | $265.7M | $499.5M | ||
| Q2 24 | $402.0M | $489.7M | ||
| Q1 24 | $355.7M | $521.3M |
净利润CELHPBI
| Q4 25 | $24.7M | $27.3M | ||
| Q3 25 | $-61.0M | $52.0M | ||
| Q2 25 | $99.9M | $30.0M | ||
| Q1 25 | $44.4M | $35.4M | ||
| Q4 24 | $-18.9M | $-37.4M | ||
| Q3 24 | $6.4M | $-138.5M | ||
| Q2 24 | $79.8M | $-24.9M | ||
| Q1 24 | $77.8M | $-2.9M |
毛利率CELHPBI
| Q4 25 | 47.4% | — | ||
| Q3 25 | 51.3% | — | ||
| Q2 25 | 51.5% | — | ||
| Q1 25 | 52.3% | — | ||
| Q4 24 | 50.2% | 53.8% | ||
| Q3 24 | 46.0% | 52.4% | ||
| Q2 24 | 52.0% | 51.1% | ||
| Q1 24 | 51.2% | 52.3% |
营业利润率CELHPBI
| Q4 25 | 3.6% | 8.0% | ||
| Q3 25 | -11.0% | 14.8% | ||
| Q2 25 | 19.3% | 8.5% | ||
| Q1 25 | 15.8% | 9.5% | ||
| Q4 24 | -5.6% | -9.3% | ||
| Q3 24 | -1.2% | -8.8% | ||
| Q2 24 | 23.4% | -1.6% | ||
| Q1 24 | 23.4% | 9.1% |
净利率CELHPBI
| Q4 25 | 3.4% | 5.7% | ||
| Q3 25 | -8.4% | 11.3% | ||
| Q2 25 | 13.5% | 6.5% | ||
| Q1 25 | 13.5% | 7.2% | ||
| Q4 24 | -5.7% | -7.2% | ||
| Q3 24 | 2.4% | -27.7% | ||
| Q2 24 | 19.8% | -5.1% | ||
| Q1 24 | 21.9% | -0.6% |
每股收益（稀释后）CELHPBI
| Q4 25 | $0.04 | $0.18 | ||
| Q3 25 | $-0.27 | $0.30 | ||
| Q2 25 | $0.33 | $0.17 | ||
| Q1 25 | $0.15 | $0.19 | ||
| Q4 24 | $-0.10 | $-0.21 | ||
| Q3 24 | $0.00 | $-0.75 | ||
| Q2 24 | $0.28 | $-0.14 | ||
| Q1 24 | $0.27 | $-0.02 |
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 | $398.9M | $297.1M |
| 总债务越低越好 | $676.9M | $2.0B |
| 股东权益账面价值 | $1.2B | $-802.4M |
| 总资产 | $5.1B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.57× | — |
8季度趋势，按日历期对齐
现金及短期投资CELHPBI
| Q4 25 | $398.9M | $297.1M | ||
| Q3 25 | $806.0M | $336.0M | ||
| Q2 25 | $615.2M | $300.8M | ||
| Q1 25 | $977.3M | $340.0M | ||
| Q4 24 | $890.2M | $486.1M | ||
| Q3 24 | $903.7M | $575.5M | ||
| Q2 24 | $903.2M | $612.0M | ||
| Q1 24 | $879.5M | $538.0M |
总债务CELHPBI
| Q4 25 | $676.9M | $2.0B | ||
| Q3 25 | $870.5M | $2.1B | ||
| Q2 25 | $871.9M | $1.9B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | — | $2.1B |
股东权益CELHPBI
| Q4 25 | $1.2B | $-802.4M | ||
| Q3 25 | $1.2B | $-661.5M | ||
| Q2 25 | $1.3B | $-536.8M | ||
| Q1 25 | $443.1M | $-535.9M | ||
| Q4 24 | $399.9M | $-578.4M | ||
| Q3 24 | $423.6M | $-518.9M | ||
| Q2 24 | $415.8M | $-427.9M | ||
| Q1 24 | $338.2M | $-392.4M |
总资产CELHPBI
| Q4 25 | $5.1B | $3.2B | ||
| Q3 25 | $5.3B | $3.3B | ||
| Q2 25 | $3.8B | $3.2B | ||
| Q1 25 | $1.9B | $3.3B | ||
| Q4 24 | $1.8B | $3.4B | ||
| Q3 24 | $1.7B | $3.6B | ||
| Q2 24 | $1.7B | $4.1B | ||
| Q1 24 | $1.6B | $4.1B |
负债/权益比CELHPBI
| Q4 25 | 0.57× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | — | — | ||
| 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 | $-119.4M | $221.7M |
| 自由现金流经营现金流 - 资本支出 | $-130.0M | $201.4M |
| 自由现金流率自由现金流/营收 | -18.0% | 42.2% |
| 资本支出强度资本支出/营收 | 1.5% | 4.2% |
| 现金转化率经营现金流/净利润 | -4.83× | 8.11× |
| 过去12个月自由现金流最近4个季度 | $323.4M | $317.0M |
8季度趋势，按日历期对齐
经营现金流CELHPBI
| Q4 25 | $-119.4M | $221.7M | ||
| Q3 25 | $331.8M | $66.8M | ||
| Q2 25 | $43.7M | $111.4M | ||
| Q1 25 | $103.4M | $-16.7M | ||
| Q4 24 | $75.7M | $134.5M | ||
| Q3 24 | $12.9M | $14.7M | ||
| Q2 24 | $39.6M | $92.6M | ||
| Q1 24 | $134.6M | $-12.6M |
自由现金流CELHPBI
| Q4 25 | $-130.0M | $201.4M | ||
| Q3 25 | $321.5M | $51.1M | ||
| Q2 25 | $35.5M | $98.0M | ||
| Q1 25 | $96.4M | $-33.6M | ||
| Q4 24 | $70.3M | $112.3M | ||
| Q3 24 | $8.7M | $-4.7M | ||
| Q2 24 | $30.4M | $76.1M | ||
| Q1 24 | $130.1M | $-26.9M |
自由现金流率CELHPBI
| Q4 25 | -18.0% | 42.2% | ||
| Q3 25 | 44.3% | 11.1% | ||
| Q2 25 | 4.8% | 21.2% | ||
| Q1 25 | 29.3% | -6.8% | ||
| Q4 24 | 21.2% | 21.8% | ||
| Q3 24 | 3.3% | -0.9% | ||
| Q2 24 | 7.6% | 15.5% | ||
| Q1 24 | 36.6% | -5.2% |
资本支出强度CELHPBI
| Q4 25 | 1.5% | 4.2% | ||
| Q3 25 | 1.4% | 3.4% | ||
| Q2 25 | 1.1% | 2.9% | ||
| Q1 25 | 2.1% | 3.4% | ||
| Q4 24 | 1.6% | 4.3% | ||
| Q3 24 | 1.6% | 3.9% | ||
| Q2 24 | 2.3% | 3.4% | ||
| Q1 24 | 1.3% | 2.7% |
现金转化率CELHPBI
| Q4 25 | -4.83× | 8.11× | ||
| Q3 25 | — | 1.29× | ||
| Q2 25 | 0.44× | 3.72× | ||
| Q1 25 | 2.33× | -0.47× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.03× | — | ||
| Q2 24 | 0.50× | — | ||
| Q1 24 | 1.73× | — |
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
CELH
暂无分部数据
PBI
| Sales And Services | $218.4M | 46% |
| Presort Services | $159.7M | 33% |
| Financing And Other | $79.0M | 17% |
| Other | $20.5M | 4% |
