vs
Traeger, Inc.（COOK）与FARMER BROTHERS CO（FARM）财务数据对比。点击上方公司名可切换其他公司
Traeger, Inc.的季度营收约是FARMER BROTHERS CO的1.6倍（$145.4M vs $88.9M），FARMER BROTHERS CO净利率更高（-5.5% vs -11.8%，领先6.4%），FARMER BROTHERS CO同比增速更快（-1.2% vs -13.8%），Traeger, Inc.自由现金流更多（$14.2M vs $-2.6M），过去两年FARMER BROTHERS CO的营收复合增速更高（2.1% vs 0.2%）
Traeger, Inc.是一家专注于户外烹饪设备研发生产的企业，主营高端木颗粒烤炉、配套配件及专用木颗粒燃料，主要面向北美、欧洲、澳洲市场，通过零售渠道和直营模式服务家庭及商用餐饮客户。
Farmer Bros. Co.是一家总部位于美国得克萨斯州沃斯堡的餐饮服务企业，主打咖啡与茶类产品的生产分销，同时还供应约300种餐厅及其他经营场所所需的餐饮配套用品，目前由约翰·摩尔担任公司首席执行官兼总裁。
COOK vs FARM — 直观对比
营收规模更大
COOK
是对方的1.6倍
$88.9M
营收增速更快
FARM
高出12.6%
-13.8%
净利率更高
FARM
高出6.4%
-11.8%
自由现金流更多
COOK
多$16.8M
$-2.6M
两年增速更快
FARM
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $145.4M | $88.9M |
| 净利润 | $-17.2M | $-4.9M |
| 毛利率 | 37.4% | 36.3% |
| 营业利润率 | -8.0% | -4.7% |
| 净利率 | -11.8% | -5.5% |
| 营收同比 | -13.8% | -1.2% |
| 净利润同比 | -147.2% | -2417.1% |
| 每股收益（稀释后） | $-0.13 | $-0.22 |
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COOKFARM
| Q4 25 | $145.4M | $88.9M | ||
| Q3 25 | $125.4M | $81.6M | ||
| Q2 25 | $145.5M | $85.1M | ||
| Q1 25 | $143.3M | $82.1M | ||
| Q4 24 | $168.6M | $90.0M | ||
| Q3 24 | $122.0M | $85.1M | ||
| Q2 24 | $168.5M | $84.4M | ||
| Q1 24 | $144.9M | $85.4M |
净利润COOKFARM
| Q4 25 | $-17.2M | $-4.9M | ||
| Q3 25 | $-89.8M | $-4.0M | ||
| Q2 25 | $-7.4M | $-4.7M | ||
| Q1 25 | $-778.0K | $-5.0M | ||
| Q4 24 | $-7.0M | $210.0K | ||
| Q3 24 | $-19.8M | $-5.0M | ||
| Q2 24 | $-2.6M | $-4.6M | ||
| Q1 24 | $-4.7M | $-682.0K |
毛利率COOKFARM
| Q4 25 | 37.4% | 36.3% | ||
| Q3 25 | 38.7% | 39.7% | ||
| Q2 25 | 39.2% | 44.9% | ||
| Q1 25 | 41.5% | 42.1% | ||
| Q4 24 | 40.9% | 43.1% | ||
| Q3 24 | 42.3% | 43.9% | ||
| Q2 24 | 42.9% | 38.8% | ||
| Q1 24 | 43.2% | 40.1% |
营业利润率COOKFARM
| Q4 25 | -8.0% | -4.7% | ||
| Q3 25 | -66.5% | -3.9% | ||
| Q2 25 | -4.2% | 4.6% | ||
| Q1 25 | 2.4% | -4.3% | ||
| Q4 24 | -0.1% | 1.1% | ||
| Q3 24 | -6.1% | -3.3% | ||
| Q2 24 | 2.8% | -4.9% | ||
| Q1 24 | -0.1% | -0.5% |
净利率COOKFARM
| Q4 25 | -11.8% | -5.5% | ||
| Q3 25 | -71.6% | -4.9% | ||
| Q2 25 | -5.1% | -5.6% | ||
| Q1 25 | -0.5% | -6.1% | ||
| Q4 24 | -4.1% | 0.2% | ||
| Q3 24 | -16.2% | -5.9% | ||
| Q2 24 | -1.5% | -5.4% | ||
| Q1 24 | -3.2% | -0.8% |
每股收益（稀释后）COOKFARM
| Q4 25 | $-0.13 | $-0.22 | ||
| Q3 25 | $-0.67 | $-0.19 | ||
| Q2 25 | $-0.06 | $-0.22 | ||
| Q1 25 | $-0.01 | $-0.23 | ||
| Q4 24 | $-0.06 | $0.01 | ||
| Q3 24 | $-0.15 | $-0.24 | ||
| Q2 24 | $-0.02 | $-0.23 | ||
| Q1 24 | $-0.04 | $-0.03 |
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 | $19.6M | $4.2M |
| 总债务越低越好 | $403.3M | — |
| 股东权益账面价值 | $170.8M | $35.7M |
| 总资产 | $676.0M | $151.4M |
| 负债/权益比越低杠杆越低 | 2.36× | — |
8季度趋势，按日历期对齐
现金及短期投资COOKFARM
| Q4 25 | $19.6M | $4.2M | ||
| Q3 25 | $5.9M | $3.8M | ||
| Q2 25 | $10.3M | $6.8M | ||
| Q1 25 | $12.0M | $4.1M | ||
| Q4 24 | $15.0M | $5.5M | ||
| Q3 24 | $16.9M | $3.3M | ||
| Q2 24 | $18.0M | $5.8M | ||
| Q1 24 | $23.6M | $5.5M |
总债务COOKFARM
| Q4 25 | $403.3M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $403.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益COOKFARM
| Q4 25 | $170.8M | $35.7M | ||
| Q3 25 | $186.1M | $40.0M | ||
| Q2 25 | $274.2M | $43.5M | ||
| Q1 25 | $279.6M | $37.3M | ||
| Q4 24 | $276.4M | $41.5M | ||
| Q3 24 | $279.8M | $40.9M | ||
| Q2 24 | $297.3M | $45.5M | ||
| Q1 24 | $294.6M | $43.1M |
总资产COOKFARM
| Q4 25 | $676.0M | $151.4M | ||
| Q3 25 | $689.6M | $158.8M | ||
| Q2 25 | $780.6M | $161.2M | ||
| Q1 25 | $825.6M | $163.2M | ||
| Q4 24 | $830.7M | $179.1M | ||
| Q3 24 | $818.1M | $182.0M | ||
| Q2 24 | $842.4M | $185.2M | ||
| Q1 24 | $862.1M | $179.1M |
负债/权益比COOKFARM
| Q4 25 | 2.36× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.46× | — | ||
| 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 | $15.5M | $-786.0K |
| 自由现金流经营现金流 - 资本支出 | $14.2M | $-2.6M |
| 自由现金流率自由现金流/营收 | 9.8% | -2.9% |
| 资本支出强度资本支出/营收 | 0.9% | 2.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $13.6M | — |
8季度趋势，按日历期对齐
经营现金流COOKFARM
| Q4 25 | $15.5M | $-786.0K | ||
| Q3 25 | $7.6M | $-5.0M | ||
| Q2 25 | $18.3M | $9.7M | ||
| Q1 25 | $-20.8M | $1.3M | ||
| Q4 24 | $7.5M | $2.6M | ||
| Q3 24 | $15.1M | $2.5M | ||
| Q2 24 | $13.9M | $-995.0K | ||
| Q1 24 | $-12.6M | $-2.3M |
自由现金流COOKFARM
| Q4 25 | $14.2M | $-2.6M | ||
| Q3 25 | $6.4M | $-6.9M | ||
| Q2 25 | $15.7M | — | ||
| Q1 25 | $-22.7M | $-684.0K | ||
| Q4 24 | $5.5M | $521.0K | ||
| Q3 24 | $12.8M | $-837.0K | ||
| Q2 24 | $11.8M | — | ||
| Q1 24 | $-18.3M | $-5.7M |
自由现金流率COOKFARM
| Q4 25 | 9.8% | -2.9% | ||
| Q3 25 | 5.1% | -8.5% | ||
| Q2 25 | 10.8% | — | ||
| Q1 25 | -15.8% | -0.8% | ||
| Q4 24 | 3.3% | 0.6% | ||
| Q3 24 | 10.5% | -1.0% | ||
| Q2 24 | 7.0% | — | ||
| Q1 24 | -12.6% | -6.7% |
资本支出强度COOKFARM
| Q4 25 | 0.9% | 2.1% | ||
| Q3 25 | 0.9% | 2.4% | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 1.3% | 2.4% | ||
| Q4 24 | 1.2% | 2.3% | ||
| Q3 24 | 1.9% | 3.9% | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 3.9% | 4.0% |
现金转化率COOKFARM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 12.16× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
COOK
| Grills | $60.6M | 42% |
| Accessories | $49.2M | 34% |
| Consumables | $35.5M | 24% |
FARM
| Coffee Roasted | $45.5M | 51% |
| Tea Iced Hot | $23.3M | 26% |
| Culinary | $14.1M | 16% |
| Spice | $4.9M | 5% |
| Fuel Surcharge | $1.2M | 1% |
