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Church & Dwight（CHD）与MARZETTI CO（MZTI）财务数据对比。点击上方公司名可切换其他公司
Church & Dwight的季度营收约是MARZETTI CO的3.2倍（$1.6B vs $518.0M）。MARZETTI CO净利率更高（11.4% vs 8.7%，领先2.7%）。Church & Dwight同比增速更快（3.9% vs 1.7%）。过去两年MARZETTI CO的营收复合增速更高（4.8% vs 4.6%）
Church & Dwight是美国知名消费品企业，成立于1847年，总部位于新泽西州尤因。公司主营个人护理、家居用品及特色产品，旗下拥有Arm & Hammer、Trojan、OxiClean等知名品牌，2022年全年营收达54亿美元。
T.马泽蒂公司是兰开斯特殖民地集团旗下的特色食品事业部，生产沙拉酱、果蔬蘸酱、冷冻烘焙食品及多款特色品牌产品，是俄亥俄州中部规模最大的食品饮料企业之一，总部位于俄亥俄州韦斯特维尔，由特蕾莎·马泽蒂创立。
CHD vs MZTI — 直观对比
营收规模更大
CHD
是对方的3.2倍
$518.0M
营收增速更快
CHD
高出2.2%
1.7%
净利率更高
MZTI
高出2.7%
8.7%
两年增速更快
MZTI
近两年复合增速
4.6%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $518.0M |
| 净利润 | $143.5M | $59.1M |
| 毛利率 | 45.8% | 26.5% |
| 营业利润率 | 16.2% | 14.5% |
| 净利率 | 8.7% | 11.4% |
| 营收同比 | 3.9% | 1.7% |
| 净利润同比 | -24.2% | 20.6% |
| 每股收益（稀释后） | $0.60 | $2.15 |
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CHDMZTI
| Q4 25 | $1.6B | $518.0M | ||
| Q3 25 | $1.6B | $493.5M | ||
| Q2 25 | $1.5B | $475.4M | ||
| Q1 25 | $1.5B | $457.8M | ||
| Q4 24 | $1.6B | $509.3M | ||
| Q3 24 | $1.5B | $466.6M | ||
| Q2 24 | $1.5B | $452.8M | ||
| Q1 24 | $1.5B | $471.4M |
净利润CHDMZTI
| Q4 25 | $143.5M | $59.1M | ||
| Q3 25 | $182.2M | $47.2M | ||
| Q2 25 | $191.0M | $32.5M | ||
| Q1 25 | $220.1M | $41.1M | ||
| Q4 24 | $189.2M | $49.0M | ||
| Q3 24 | $-75.1M | $44.7M | ||
| Q2 24 | $243.5M | $34.8M | ||
| Q1 24 | $227.7M | $28.4M |
毛利率CHDMZTI
| Q4 25 | 45.8% | 26.5% | ||
| Q3 25 | 45.1% | 24.1% | ||
| Q2 25 | 43.0% | 22.3% | ||
| Q1 25 | 45.0% | 23.1% | ||
| Q4 24 | 44.7% | 26.1% | ||
| Q3 24 | 45.2% | 23.8% | ||
| Q2 24 | 47.1% | 21.6% | ||
| Q1 24 | 45.7% | 22.2% |
营业利润率CHDMZTI
| Q4 25 | 16.2% | 14.5% | ||
| Q3 25 | 16.1% | 12.0% | ||
| Q2 25 | 17.4% | 8.2% | ||
| Q1 25 | 20.1% | 10.9% | ||
| Q4 24 | 16.2% | 14.9% | ||
| Q3 24 | -6.1% | 12.0% | ||
| Q2 24 | 22.3% | 9.2% | ||
| Q1 24 | 20.3% | 7.5% |
净利率CHDMZTI
| Q4 25 | 8.7% | 11.4% | ||
| Q3 25 | 11.5% | 9.6% | ||
| Q2 25 | 12.7% | 6.8% | ||
| Q1 25 | 15.0% | 9.0% | ||
| Q4 24 | 12.0% | 9.6% | ||
| Q3 24 | -5.0% | 9.6% | ||
| Q2 24 | 16.1% | 7.7% | ||
| Q1 24 | 15.1% | 6.0% |
每股收益（稀释后）CHDMZTI
| Q4 25 | $0.60 | $2.15 | ||
| Q3 25 | $0.75 | $1.71 | ||
| Q2 25 | $0.78 | $1.18 | ||
| Q1 25 | $0.89 | $1.49 | ||
| Q4 24 | $0.76 | $1.78 | ||
| Q3 24 | $-0.31 | $1.62 | ||
| Q2 24 | $0.99 | $1.27 | ||
| Q1 24 | $0.93 | $1.03 |
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 | $409.0M | $201.6M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $4.0B | $1.0B |
| 总资产 | $8.9B | $1.3B |
| 负债/权益比越低杠杆越低 | 0.55× | — |
8季度趋势，按日历期对齐
现金及短期投资CHDMZTI
| Q4 25 | $409.0M | $201.6M | ||
| Q3 25 | $305.3M | $182.2M | ||
| Q2 25 | $923.2M | $161.5M | ||
| Q1 25 | $1.1B | $124.6M | ||
| Q4 24 | $964.1M | $203.1M | ||
| Q3 24 | $752.1M | $135.1M | ||
| Q2 24 | $491.7M | $163.4M | ||
| Q1 24 | $349.7M | $164.8M |
总债务CHDMZTI
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.2B | — | ||
| Q1 24 | $2.2B | — |
股东权益CHDMZTI
| Q4 25 | $4.0B | $1.0B | ||
| Q3 25 | $4.2B | $1.0B | ||
| Q2 25 | $4.4B | $998.5M | ||
| Q1 25 | $4.6B | $996.2M | ||
| Q4 24 | $4.4B | $979.9M | ||
| Q3 24 | $4.2B | $945.1M | ||
| Q2 24 | $4.3B | $925.8M | ||
| Q1 24 | $4.1B | $912.9M |
总资产CHDMZTI
| Q4 25 | $8.9B | $1.3B | ||
| Q3 25 | $9.1B | $1.3B | ||
| Q2 25 | $8.8B | $1.3B | ||
| Q1 25 | $9.0B | $1.3B | ||
| Q4 24 | $8.9B | $1.2B | ||
| Q3 24 | $8.7B | $1.2B | ||
| Q2 24 | $8.8B | $1.2B | ||
| Q1 24 | $8.6B | $1.2B |
负债/权益比CHDMZTI
| Q4 25 | 0.55× | — | ||
| Q3 25 | 0.52× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 0.54× | — |
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 | — | $88.6M |
| 自由现金流经营现金流 - 资本支出 | — | $70.9M |
| 自由现金流率自由现金流/营收 | — | 13.7% |
| 资本支出强度资本支出/营收 | 3.4% | 3.4% |
| 现金转化率经营现金流/净利润 | — | 1.50× |
| 过去12个月自由现金流最近4个季度 | — | $229.5M |
8季度趋势，按日历期对齐
经营现金流CHDMZTI
| Q4 25 | — | $88.6M | ||
| Q3 25 | — | $69.5M | ||
| Q2 25 | — | $88.2M | ||
| Q1 25 | — | $45.8M | ||
| Q4 24 | $292.3M | $107.6M | ||
| Q3 24 | $364.0M | $19.9M | ||
| Q2 24 | $236.9M | $34.1M | ||
| Q1 24 | $263.0M | $75.9M |
自由现金流CHDMZTI
| Q4 25 | — | $70.9M | ||
| Q3 25 | — | $53.9M | ||
| Q2 25 | — | $73.9M | ||
| Q1 25 | — | $30.8M | ||
| Q4 24 | $237.7M | $96.6M | ||
| Q3 24 | $315.4M | $2.3M | ||
| Q2 24 | $206.6M | $18.5M | ||
| Q1 24 | $216.7M | $61.1M |
自由现金流率CHDMZTI
| Q4 25 | — | 13.7% | ||
| Q3 25 | — | 10.9% | ||
| Q2 25 | — | 15.5% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | 15.0% | 19.0% | ||
| Q3 24 | 20.9% | 0.5% | ||
| Q2 24 | 13.7% | 4.1% | ||
| Q1 24 | 14.4% | 13.0% |
资本支出强度CHDMZTI
| Q4 25 | 3.4% | 3.4% | ||
| Q3 25 | 1.8% | 3.2% | ||
| Q2 25 | 1.5% | 3.0% | ||
| Q1 25 | 1.1% | 3.3% | ||
| Q4 24 | 3.5% | 2.2% | ||
| Q3 24 | 3.2% | 3.8% | ||
| Q2 24 | 2.0% | 3.4% | ||
| Q1 24 | 3.1% | 3.2% |
现金转化率CHDMZTI
| Q4 25 | — | 1.50× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | — | 2.71× | ||
| Q1 25 | — | 1.11× | ||
| Q4 24 | 1.54× | 2.20× | ||
| Q3 24 | — | 0.45× | ||
| Q2 24 | 0.97× | 0.98× | ||
| Q1 24 | 1.16× | 2.68× |
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
CHD
| Household Products | $645.3M | 39% |
| Personal Care Products | $625.9M | 38% |
| Consumer International | $299.8M | 18% |
| Specialty Products Division | $73.2M | 4% |
MZTI
| National Accounts | $177.4M | 34% |
| Dressings And Sauces | $169.5M | 33% |
| Frozen Breads And Other | $62.7M | 12% |
| Branded And Other | $54.8M | 11% |
| Refrigerated Dressings Dips And Other | $46.2M | 9% |
| Other Dressings And Sauces For TSA | $8.2M | 2% |
