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Traeger, Inc.（COOK）与惠而浦（WHR）财务数据对比。点击上方公司名可切换其他公司
惠而浦的季度营收约是Traeger, Inc.的28.2倍（$4.1B vs $145.4M）。惠而浦净利率更高（2.7% vs -11.8%，领先14.5%）。惠而浦同比增速更快（-0.9% vs -13.8%）。惠而浦自由现金流更多（$989.0M vs $14.2M）。过去两年Traeger, Inc.的营收复合增速更高（0.2% vs -4.5%）
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。
惠而浦是总部位于美国密歇根州本顿特许镇的跨国家电研发、生产及销售企业，位列《财富》世界500强。2023年集团年销售额约190亿美元，全球员工规模近5.9万人，在世界各地布局超55座生产及技术研发中心。
COOK vs WHR — 直观对比
营收规模更大
WHR
是对方的28.2倍
$145.4M
营收增速更快
WHR
高出12.9%
-13.8%
净利率更高
WHR
高出14.5%
-11.8%
自由现金流更多
WHR
多$974.8M
$14.2M
两年增速更快
COOK
近两年复合增速
-4.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $145.4M | $4.1B |
| 净利润 | $-17.2M | $109.0M |
| 毛利率 | 37.4% | 14.0% |
| 营业利润率 | -8.0% | 6.0% |
| 净利率 | -11.8% | 2.7% |
| 营收同比 | -13.8% | -0.9% |
| 净利润同比 | -147.2% | 127.8% |
| 每股收益（稀释后） | $-0.13 | $1.92 |
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COOKWHR
| Q4 25 | $145.4M | $4.1B | ||
| Q3 25 | $125.4M | $4.0B | ||
| Q2 25 | $145.5M | $3.8B | ||
| Q1 25 | $143.3M | $3.6B | ||
| Q4 24 | $168.6M | $4.1B | ||
| Q3 24 | $122.0M | $4.0B | ||
| Q2 24 | $168.5M | $4.0B | ||
| Q1 24 | $144.9M | $4.5B |
净利润COOKWHR
| Q4 25 | $-17.2M | $109.0M | ||
| Q3 25 | $-89.8M | $73.0M | ||
| Q2 25 | $-7.4M | $65.0M | ||
| Q1 25 | $-778.0K | $71.0M | ||
| Q4 24 | $-7.0M | $-392.0M | ||
| Q3 24 | $-19.8M | $109.0M | ||
| Q2 24 | $-2.6M | $219.0M | ||
| Q1 24 | $-4.7M | $-259.0M |
毛利率COOKWHR
| Q4 25 | 37.4% | 14.0% | ||
| Q3 25 | 38.7% | 14.7% | ||
| Q2 25 | 39.2% | 16.2% | ||
| Q1 25 | 41.5% | 16.8% | ||
| Q4 24 | 40.9% | 16.2% | ||
| Q3 24 | 42.3% | 16.1% | ||
| Q2 24 | 42.9% | 15.7% | ||
| Q1 24 | 43.2% | 14.3% |
营业利润率COOKWHR
| Q4 25 | -8.0% | 6.0% | ||
| Q3 25 | -66.5% | 5.1% | ||
| Q2 25 | -4.2% | 5.4% | ||
| Q1 25 | 2.4% | 5.1% | ||
| Q4 24 | -0.1% | -3.3% | ||
| Q3 24 | -6.1% | 6.6% | ||
| Q2 24 | 2.8% | 3.3% | ||
| Q1 24 | -0.1% | -2.6% |
净利率COOKWHR
| Q4 25 | -11.8% | 2.7% | ||
| Q3 25 | -71.6% | 1.8% | ||
| Q2 25 | -5.1% | 1.7% | ||
| Q1 25 | -0.5% | 2.0% | ||
| Q4 24 | -4.1% | -9.5% | ||
| Q3 24 | -16.2% | 2.7% | ||
| Q2 24 | -1.5% | 5.5% | ||
| Q1 24 | -3.2% | -5.8% |
每股收益（稀释后）COOKWHR
| Q4 25 | $-0.13 | $1.92 | ||
| Q3 25 | $-0.67 | $1.29 | ||
| Q2 25 | $-0.06 | $1.17 | ||
| Q1 25 | $-0.01 | $1.28 | ||
| Q4 24 | $-0.06 | $-7.11 | ||
| Q3 24 | $-0.15 | $2.00 | ||
| Q2 24 | $-0.02 | $3.96 | ||
| Q1 24 | $-0.04 | $-4.72 |
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 | $669.0M |
| 总债务越低越好 | $403.3M | $6.2B |
| 股东权益账面价值 | $170.8M | $2.7B |
| 总资产 | $676.0M | $16.0B |
| 负债/权益比越低杠杆越低 | 2.36× | 2.26× |
8季度趋势，按日历期对齐
现金及短期投资COOKWHR
| Q4 25 | $19.6M | $669.0M | ||
| Q3 25 | $5.9M | $934.0M | ||
| Q2 25 | $10.3M | $1.1B | ||
| Q1 25 | $12.0M | $1.0B | ||
| Q4 24 | $15.0M | $1.3B | ||
| Q3 24 | $16.9M | $1.1B | ||
| Q2 24 | $18.0M | $1.2B | ||
| Q1 24 | $23.6M | $1.2B |
总债务COOKWHR
| Q4 25 | $403.3M | $6.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $403.6M | $6.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益COOKWHR
| Q4 25 | $170.8M | $2.7B | ||
| Q3 25 | $186.1M | $2.6B | ||
| Q2 25 | $274.2M | $2.6B | ||
| Q1 25 | $279.6M | $2.6B | ||
| Q4 24 | $276.4M | $2.7B | ||
| Q3 24 | $279.8M | $3.0B | ||
| Q2 24 | $297.3M | $3.1B | ||
| Q1 24 | $294.6M | $2.4B |
总资产COOKWHR
| Q4 25 | $676.0M | $16.0B | ||
| Q3 25 | $689.6M | $16.9B | ||
| Q2 25 | $780.6M | $16.8B | ||
| Q1 25 | $825.6M | $16.5B | ||
| Q4 24 | $830.7M | $16.3B | ||
| Q3 24 | $818.1M | $17.2B | ||
| Q2 24 | $842.4M | $17.3B | ||
| Q1 24 | $862.1M | $17.4B |
负债/权益比COOKWHR
| Q4 25 | 2.36× | 2.26× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.46× | 2.46× | ||
| 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 | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $14.2M | $989.0M |
| 自由现金流率自由现金流/营收 | 9.8% | 24.1% |
| 资本支出强度资本支出/营收 | 0.9% | 3.7% |
| 现金转化率经营现金流/净利润 | — | 10.45× |
| 过去12个月自由现金流最近4个季度 | $13.6M | $81.0M |
8季度趋势，按日历期对齐
经营现金流COOKWHR
| Q4 25 | $15.5M | $1.1B | ||
| Q3 25 | $7.6M | $33.0M | ||
| Q2 25 | $18.3M | $19.0M | ||
| Q1 25 | $-20.8M | $-721.0M | ||
| Q4 24 | $7.5M | $1.1B | ||
| Q3 24 | $15.1M | $214.0M | ||
| Q2 24 | $13.9M | $388.0M | ||
| Q1 24 | $-12.6M | $-873.0M |
自由现金流COOKWHR
| Q4 25 | $14.2M | $989.0M | ||
| Q3 25 | $6.4M | $-52.0M | ||
| Q2 25 | $15.7M | $-63.0M | ||
| Q1 25 | $-22.7M | $-793.0M | ||
| Q4 24 | $5.5M | $970.0M | ||
| Q3 24 | $12.8M | $127.0M | ||
| Q2 24 | $11.8M | $275.0M | ||
| Q1 24 | $-18.3M | $-988.0M |
自由现金流率COOKWHR
| Q4 25 | 9.8% | 24.1% | ||
| Q3 25 | 5.1% | -1.3% | ||
| Q2 25 | 10.8% | -1.7% | ||
| Q1 25 | -15.8% | -21.9% | ||
| Q4 24 | 3.3% | 23.5% | ||
| Q3 24 | 10.5% | 3.2% | ||
| Q2 24 | 7.0% | 6.9% | ||
| Q1 24 | -12.6% | -22.0% |
资本支出强度COOKWHR
| Q4 25 | 0.9% | 3.7% | ||
| Q3 25 | 0.9% | 2.1% | ||
| Q2 25 | 1.8% | 2.2% | ||
| Q1 25 | 1.3% | 2.0% | ||
| Q4 24 | 1.2% | 3.3% | ||
| Q3 24 | 1.9% | 2.2% | ||
| Q2 24 | 1.2% | 2.8% | ||
| Q1 24 | 3.9% | 2.6% |
现金转化率COOKWHR
| Q4 25 | — | 10.45× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | -10.15× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.96× | ||
| Q2 24 | — | 1.77× | ||
| 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% |
WHR
| Refrigeration | $1.2B | 30% |
| Laundry | $1.1B | 27% |
| Cooking | $1.1B | 26% |
| Dishwashing | $299.0M | 7% |
| Other | $266.0M | 6% |
| Spare Parts And Warranties | $139.0M | 3% |
