vs
Traeger, Inc.（COOK）与百胜餐饮集团（LCUT）财务数据对比。点击上方公司名可切换其他公司
百胜餐饮集团的季度营收约是Traeger, Inc.的1.4倍（$204.1M vs $145.4M），百胜餐饮集团净利率更高（8.9% vs -11.8%，领先20.7%），百胜餐饮集团同比增速更快（-5.2% vs -13.8%），Traeger, Inc.自由现金流更多（$14.2M vs $2.6M），过去两年百胜餐饮集团的营收复合增速更高（19.8% 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。
百胜餐饮集团是美国跨国快餐企业，1977年百事可乐收购肯德基、必胜客、塔可Bell后将其整合为旗下子公司，1997年百事剥离该业务板块后正式独立为百胜集团。集团目前运营肯德基、必胜客、塔可Bell、哈比特汉堡等多个餐饮品牌，同时布局相关餐饮科技业务，门店网络遍布全球多个国家和地区。
COOK vs LCUT — 直观对比
营收规模更大
LCUT
是对方的1.4倍
$145.4M
营收增速更快
LCUT
高出8.6%
-13.8%
净利率更高
LCUT
高出20.7%
-11.8%
自由现金流更多
COOK
多$11.6M
$2.6M
两年增速更快
LCUT
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $145.4M | $204.1M |
| 净利润 | $-17.2M | $18.2M |
| 毛利率 | 37.4% | 38.6% |
| 营业利润率 | -8.0% | 9.8% |
| 净利率 | -11.8% | 8.9% |
| 营收同比 | -13.8% | -5.2% |
| 净利润同比 | -147.2% | 103.5% |
| 每股收益（稀释后） | $-0.13 | $0.83 |
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COOKLCUT
| Q4 25 | $145.4M | $204.1M | ||
| Q3 25 | $125.4M | $171.9M | ||
| Q2 25 | $145.5M | $131.9M | ||
| Q1 25 | $143.3M | $140.1M | ||
| Q4 24 | $168.6M | $215.2M | ||
| Q3 24 | $122.0M | $183.8M | ||
| Q2 24 | $168.5M | $141.7M | ||
| Q1 24 | $144.9M | $142.2M |
净利润COOKLCUT
| Q4 25 | $-17.2M | $18.2M | ||
| Q3 25 | $-89.8M | $-1.2M | ||
| Q2 25 | $-7.4M | $-39.7M | ||
| Q1 25 | $-778.0K | $-4.2M | ||
| Q4 24 | $-7.0M | $8.9M | ||
| Q3 24 | $-19.8M | $344.0K | ||
| Q2 24 | $-2.6M | $-18.2M | ||
| Q1 24 | $-4.7M | $-6.3M |
毛利率COOKLCUT
| Q4 25 | 37.4% | 38.6% | ||
| Q3 25 | 38.7% | 35.1% | ||
| Q2 25 | 39.2% | 38.6% | ||
| Q1 25 | 41.5% | 36.1% | ||
| Q4 24 | 40.9% | 37.7% | ||
| Q3 24 | 42.3% | 36.7% | ||
| Q2 24 | 42.9% | 38.5% | ||
| Q1 24 | 43.2% | 40.5% |
营业利润率COOKLCUT
| Q4 25 | -8.0% | 9.8% | ||
| Q3 25 | -66.5% | 3.9% | ||
| Q2 25 | -4.2% | -28.2% | ||
| Q1 25 | 2.4% | 0.8% | ||
| Q4 24 | -0.1% | 7.2% | ||
| Q3 24 | -6.1% | 4.7% | ||
| Q2 24 | 2.8% | 0.8% | ||
| Q1 24 | -0.1% | 1.3% |
净利率COOKLCUT
| Q4 25 | -11.8% | 8.9% | ||
| Q3 25 | -71.6% | -0.7% | ||
| Q2 25 | -5.1% | -30.1% | ||
| Q1 25 | -0.5% | -3.0% | ||
| Q4 24 | -4.1% | 4.1% | ||
| Q3 24 | -16.2% | 0.2% | ||
| Q2 24 | -1.5% | -12.8% | ||
| Q1 24 | -3.2% | -4.4% |
每股收益（稀释后）COOKLCUT
| Q4 25 | $-0.13 | $0.83 | ||
| Q3 25 | $-0.67 | $-0.05 | ||
| Q2 25 | $-0.06 | $-1.83 | ||
| Q1 25 | $-0.01 | $-0.19 | ||
| Q4 24 | $-0.06 | $0.41 | ||
| Q3 24 | $-0.15 | $0.02 | ||
| Q2 24 | $-0.02 | $-0.85 | ||
| Q1 24 | $-0.04 | $-0.29 |
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 | $4.3M |
| 总债务越低越好 | $403.3M | $135.0M |
| 股东权益账面价值 | $170.8M | $202.3M |
| 总资产 | $676.0M | $572.6M |
| 负债/权益比越低杠杆越低 | 2.36× | 0.67× |
8季度趋势，按日历期对齐
现金及短期投资COOKLCUT
| Q4 25 | $19.6M | $4.3M | ||
| Q3 25 | $5.9M | $12.1M | ||
| Q2 25 | $10.3M | $12.0M | ||
| Q1 25 | $12.0M | $10.4M | ||
| Q4 24 | $15.0M | $2.9M | ||
| Q3 24 | $16.9M | $6.0M | ||
| Q2 24 | $18.0M | $3.4M | ||
| Q1 24 | $23.6M | $4.6M |
总债务COOKLCUT
| Q4 25 | $403.3M | $135.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $403.6M | $142.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益COOKLCUT
| Q4 25 | $170.8M | $202.3M | ||
| Q3 25 | $186.1M | $184.6M | ||
| Q2 25 | $274.2M | $185.8M | ||
| Q1 25 | $279.6M | $225.7M | ||
| Q4 24 | $276.4M | $229.9M | ||
| Q3 24 | $279.8M | $220.9M | ||
| Q2 24 | $297.3M | $219.8M | ||
| Q1 24 | $294.6M | $223.7M |
总资产COOKLCUT
| Q4 25 | $676.0M | $572.6M | ||
| Q3 25 | $689.6M | $581.1M | ||
| Q2 25 | $780.6M | $551.9M | ||
| Q1 25 | $825.6M | $594.6M | ||
| Q4 24 | $830.7M | $634.3M | ||
| Q3 24 | $818.1M | $668.7M | ||
| Q2 24 | $842.4M | $617.0M | ||
| Q1 24 | $862.1M | $602.7M |
负债/权益比COOKLCUT
| Q4 25 | 2.36× | 0.67× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.46× | 0.62× | ||
| 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 | $3.7M |
| 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% | 1.3% |
| 资本支出强度资本支出/营收 | 0.9% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 0.21× |
| 过去12个月自由现金流最近4个季度 | $13.6M | $3.3M |
8季度趋势，按日历期对齐
经营现金流COOKLCUT
| Q4 25 | $15.5M | $3.7M | ||
| Q3 25 | $7.6M | $-22.2M | ||
| Q2 25 | $18.3M | $9.3M | ||
| Q1 25 | $-20.8M | $16.7M | ||
| Q4 24 | $7.5M | $20.3M | ||
| Q3 24 | $15.1M | $-22.7M | ||
| Q2 24 | $13.9M | $10.4M | ||
| Q1 24 | $-12.6M | $10.5M |
自由现金流COOKLCUT
| Q4 25 | $14.2M | $2.6M | ||
| Q3 25 | $6.4M | $-22.7M | ||
| Q2 25 | $15.7M | $8.2M | ||
| Q1 25 | $-22.7M | $15.1M | ||
| Q4 24 | $5.5M | $19.7M | ||
| Q3 24 | $12.8M | $-23.2M | ||
| Q2 24 | $11.8M | $9.9M | ||
| Q1 24 | $-18.3M | $9.9M |
自由现金流率COOKLCUT
| Q4 25 | 9.8% | 1.3% | ||
| Q3 25 | 5.1% | -13.2% | ||
| Q2 25 | 10.8% | 6.2% | ||
| Q1 25 | -15.8% | 10.8% | ||
| Q4 24 | 3.3% | 9.1% | ||
| Q3 24 | 10.5% | -12.6% | ||
| Q2 24 | 7.0% | 7.0% | ||
| Q1 24 | -12.6% | 7.0% |
资本支出强度COOKLCUT
| Q4 25 | 0.9% | 0.6% | ||
| Q3 25 | 0.9% | 0.3% | ||
| Q2 25 | 1.8% | 0.9% | ||
| Q1 25 | 1.3% | 1.1% | ||
| Q4 24 | 1.2% | 0.3% | ||
| Q3 24 | 1.9% | 0.3% | ||
| Q2 24 | 1.2% | 0.4% | ||
| Q1 24 | 3.9% | 0.4% |
现金转化率COOKLCUT
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.28× | ||
| Q3 24 | — | -65.89× | ||
| 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% |
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
