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Traeger, Inc.（COOK）与Texas Pacific Land Corporation（TPL）财务数据对比。点击上方公司名可切换其他公司
Texas Pacific Land Corporation的季度营收约是Traeger, Inc.的1.5倍（$211.6M vs $145.4M），Texas Pacific Land Corporation净利率更高（58.3% vs -11.8%，领先70.1%），Texas Pacific Land Corporation同比增速更快（13.9% vs -13.8%），过去两年Texas Pacific Land Corporation的营收复合增速更高（10.2% 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。
Texas Pacific Land Corporation（简称TPL）是一家公开上市的不动产运营企业，行政总部位于美国得克萨斯州达拉斯市。公司在得州西部20个郡拥有逾88万英亩（约3600平方公里）土地，是得州规模最大的私人土地所有者之一，前身为得克萨斯太平洋土地信托。
COOK vs TPL — 直观对比
营收规模更大
TPL
是对方的1.5倍
$145.4M
营收增速更快
TPL
高出27.7%
-13.8%
净利率更高
TPL
高出70.1%
-11.8%
两年增速更快
TPL
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $145.4M | $211.6M |
| 净利润 | $-17.2M | $123.3M |
| 毛利率 | 37.4% | — |
| 营业利润率 | -8.0% | 70.5% |
| 净利率 | -11.8% | 58.3% |
| 营收同比 | -13.8% | 13.9% |
| 净利润同比 | -147.2% | 4.2% |
| 每股收益（稀释后） | $-0.13 | $-8.59 |
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COOKTPL
| Q4 25 | $145.4M | $211.6M | ||
| Q3 25 | $125.4M | $203.1M | ||
| Q2 25 | $145.5M | $187.5M | ||
| Q1 25 | $143.3M | $196.0M | ||
| Q4 24 | $168.6M | $185.8M | ||
| Q3 24 | $122.0M | $173.6M | ||
| Q2 24 | $168.5M | $172.3M | ||
| Q1 24 | $144.9M | $174.1M |
净利润COOKTPL
| Q4 25 | $-17.2M | $123.3M | ||
| Q3 25 | $-89.8M | $121.2M | ||
| Q2 25 | $-7.4M | $116.1M | ||
| Q1 25 | $-778.0K | $120.7M | ||
| Q4 24 | $-7.0M | $118.4M | ||
| Q3 24 | $-19.8M | $106.6M | ||
| Q2 24 | $-2.6M | $114.6M | ||
| Q1 24 | $-4.7M | $114.4M |
毛利率COOKTPL
| Q4 25 | 37.4% | — | ||
| Q3 25 | 38.7% | — | ||
| Q2 25 | 39.2% | — | ||
| Q1 25 | 41.5% | — | ||
| Q4 24 | 40.9% | — | ||
| Q3 24 | 42.3% | — | ||
| Q2 24 | 42.9% | — | ||
| Q1 24 | 43.2% | — |
营业利润率COOKTPL
| Q4 25 | -8.0% | 70.5% | ||
| Q3 25 | -66.5% | 73.4% | ||
| Q2 25 | -4.2% | 76.6% | ||
| Q1 25 | 2.4% | 76.6% | ||
| Q4 24 | -0.1% | 76.7% | ||
| Q3 24 | -6.1% | 73.4% | ||
| Q2 24 | 2.8% | 77.3% | ||
| Q1 24 | -0.1% | 78.1% |
净利率COOKTPL
| Q4 25 | -11.8% | 58.3% | ||
| Q3 25 | -71.6% | 59.7% | ||
| Q2 25 | -5.1% | 61.9% | ||
| Q1 25 | -0.5% | 61.6% | ||
| Q4 24 | -4.1% | 63.7% | ||
| Q3 24 | -16.2% | 61.4% | ||
| Q2 24 | -1.5% | 66.5% | ||
| Q1 24 | -3.2% | 65.7% |
每股收益（稀释后）COOKTPL
| Q4 25 | $-0.13 | $-8.59 | ||
| Q3 25 | $-0.67 | $5.27 | ||
| Q2 25 | $-0.06 | $5.05 | ||
| Q1 25 | $-0.01 | $5.24 | ||
| Q4 24 | $-0.06 | $5.14 | ||
| Q3 24 | $-0.15 | $4.63 | ||
| Q2 24 | $-0.02 | $4.98 | ||
| Q1 24 | $-0.04 | $4.97 |
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 | $144.8M |
| 总债务越低越好 | $403.3M | — |
| 股东权益账面价值 | $170.8M | $1.5B |
| 总资产 | $676.0M | $1.6B |
| 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COOKTPL
| Q4 25 | $19.6M | $144.8M | ||
| Q3 25 | $5.9M | $531.8M | ||
| Q2 25 | $10.3M | $543.9M | ||
| Q1 25 | $12.0M | $460.4M | ||
| Q4 24 | $15.0M | $369.8M | ||
| Q3 24 | $16.9M | $533.9M | ||
| Q2 24 | $18.0M | $894.7M | ||
| Q1 24 | $23.6M | $837.1M |
总债务COOKTPL
| Q4 25 | $403.3M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $403.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益COOKTPL
| Q4 25 | $170.8M | $1.5B | ||
| Q3 25 | $186.1M | $1.4B | ||
| Q2 25 | $274.2M | $1.3B | ||
| Q1 25 | $279.6M | $1.2B | ||
| Q4 24 | $276.4M | $1.1B | ||
| Q3 24 | $279.8M | $1.1B | ||
| Q2 24 | $297.3M | $1.2B | ||
| Q1 24 | $294.6M | $1.1B |
总资产COOKTPL
| Q4 25 | $676.0M | $1.6B | ||
| Q3 25 | $689.6M | $1.5B | ||
| Q2 25 | $780.6M | $1.4B | ||
| Q1 25 | $825.6M | $1.4B | ||
| Q4 24 | $830.7M | $1.2B | ||
| Q3 24 | $818.1M | $1.2B | ||
| Q2 24 | $842.4M | $1.3B | ||
| Q1 24 | $862.1M | $1.3B |
负债/权益比COOKTPL
| 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 | $113.7M |
| 自由现金流经营现金流 - 资本支出 | $14.2M | — |
| 自由现金流率自由现金流/营收 | 9.8% | — |
| 资本支出强度资本支出/营收 | 0.9% | — |
| 现金转化率经营现金流/净利润 | — | 0.92× |
| 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COOKTPL
| Q4 25 | $15.5M | $113.7M | ||
| Q3 25 | $7.6M | $154.6M | ||
| Q2 25 | $18.3M | $120.9M | ||
| Q1 25 | $-20.8M | $156.7M | ||
| Q4 24 | $7.5M | $126.6M | ||
| Q3 24 | $15.1M | $118.6M | ||
| Q2 24 | $13.9M | $98.3M | ||
| Q1 24 | $-12.6M | $147.2M |
自由现金流COOKTPL
| Q4 25 | $14.2M | — | ||
| Q3 25 | $6.4M | — | ||
| Q2 25 | $15.7M | — | ||
| Q1 25 | $-22.7M | — | ||
| Q4 24 | $5.5M | — | ||
| Q3 24 | $12.8M | — | ||
| Q2 24 | $11.8M | — | ||
| Q1 24 | $-18.3M | — |
自由现金流率COOKTPL
| Q4 25 | 9.8% | — | ||
| Q3 25 | 5.1% | — | ||
| Q2 25 | 10.8% | — | ||
| Q1 25 | -15.8% | — | ||
| Q4 24 | 3.3% | — | ||
| Q3 24 | 10.5% | — | ||
| Q2 24 | 7.0% | — | ||
| Q1 24 | -12.6% | — |
资本支出强度COOKTPL
| Q4 25 | 0.9% | — | ||
| Q3 25 | 0.9% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 3.9% | — |
现金转化率COOKTPL
| Q4 25 | — | 0.92× | ||
| Q3 25 | — | 1.28× | ||
| Q2 25 | — | 1.04× | ||
| Q1 25 | — | 1.30× | ||
| Q4 24 | — | 1.07× | ||
| Q3 24 | — | 1.11× | ||
| Q2 24 | — | 0.86× | ||
| Q1 24 | — | 1.29× |
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% |
TPL
| Water Serviceand Operations Segment | $98.2M | 46% |
| Water Sales And Royalties | $60.7M | 29% |
| Produced Water Royalties | $33.5M | 16% |
| Easementand Sundry | $20.6M | 10% |
