vs
Centuri Holdings, Inc.（CTRI）与Wendy's Co（WEN）财务数据对比。点击上方公司名可切换其他公司
Centuri Holdings, Inc.的季度营收约是Wendy's Co的1.6倍（$858.6M vs $543.0M），Wendy's Co净利率更高（4.9% vs 3.5%，领先1.3%），Centuri Holdings, Inc.同比增速更快（19.7% vs -5.5%），Centuri Holdings, Inc.自由现金流更多（$66.3M vs $31.4M），过去两年Centuri Holdings, Inc.的营收复合增速更高（27.5% vs 0.8%）
Centuri Holdings前身为Allied Leisure，是美国街机游戏制造商，总部位于佛罗里达州海厄利亚。20世纪80年代初，它是美国排名前六的投币式街机视频游戏设备供应商之一。1980年，原Taito美国总裁埃德·米勒与合伙人比尔·奥利吉斯收购Allied Leisure后，将其更名为Centuri。
温蒂公司是美国知名快餐企业，是温蒂汉堡及First Kitchen的母公司，前身为Deisel-Wemmer公司，总部位于俄亥俄州都柏林。旗下核心子公司温蒂国际是温蒂汉堡餐厅的特许经营授权方，在全球快餐市场拥有较高的品牌辨识度。
CTRI vs WEN — 直观对比
营收规模更大
CTRI
是对方的1.6倍
$543.0M
营收增速更快
CTRI
高出25.2%
-5.5%
净利率更高
WEN
高出1.3%
3.5%
自由现金流更多
CTRI
多$34.9M
$31.4M
两年增速更快
CTRI
近两年复合增速
0.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $858.6M | $543.0M |
| 净利润 | $30.4M | $26.5M |
| 毛利率 | 9.4% | 62.7% |
| 营业利润率 | 4.3% | 11.8% |
| 净利率 | 3.5% | 4.9% |
| 营收同比 | 19.7% | -5.5% |
| 净利润同比 | 194.1% | -44.2% |
| 每股收益（稀释后） | $0.34 | $0.14 |
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CTRIWEN
| Q4 25 | $858.6M | $543.0M | ||
| Q3 25 | $850.0M | $549.5M | ||
| Q2 25 | $724.1M | $560.9M | ||
| Q1 25 | $550.1M | $523.5M | ||
| Q4 24 | $717.1M | $574.3M | ||
| Q3 24 | $720.1M | $566.7M | ||
| Q2 24 | $672.1M | $570.7M | ||
| Q1 24 | $528.0M | $534.8M |
净利润CTRIWEN
| Q4 25 | $30.4M | $26.5M | ||
| Q3 25 | $2.1M | $44.3M | ||
| Q2 25 | $8.1M | $55.1M | ||
| Q1 25 | $-17.9M | $39.2M | ||
| Q4 24 | $10.3M | $47.5M | ||
| Q3 24 | $-3.7M | $50.2M | ||
| Q2 24 | $11.7M | $54.6M | ||
| Q1 24 | $-25.1M | $42.0M |
毛利率CTRIWEN
| Q4 25 | 9.4% | 62.7% | ||
| Q3 25 | 9.2% | 62.8% | ||
| Q2 25 | 9.4% | 65.0% | ||
| Q1 25 | 3.7% | 64.1% | ||
| Q4 24 | 9.9% | 65.9% | ||
| Q3 24 | 10.5% | 65.5% | ||
| Q2 24 | 9.0% | 65.0% | ||
| Q1 24 | 2.5% | 64.1% |
营业利润率CTRIWEN
| Q4 25 | 4.3% | 11.8% | ||
| Q3 25 | 4.3% | 16.8% | ||
| Q2 25 | 4.4% | 18.6% | ||
| Q1 25 | -2.3% | 15.9% | ||
| Q4 24 | 4.7% | 16.7% | ||
| Q3 24 | 5.8% | 16.7% | ||
| Q2 24 | 4.9% | 17.4% | ||
| Q1 24 | -4.2% | 15.2% |
净利率CTRIWEN
| Q4 25 | 3.5% | 4.9% | ||
| Q3 25 | 0.2% | 8.1% | ||
| Q2 25 | 1.1% | 9.8% | ||
| Q1 25 | -3.3% | 7.5% | ||
| Q4 24 | 1.4% | 8.3% | ||
| Q3 24 | -0.5% | 8.9% | ||
| Q2 24 | 1.7% | 9.6% | ||
| Q1 24 | -4.7% | 7.9% |
每股收益（稀释后）CTRIWEN
| Q4 25 | $0.34 | $0.14 | ||
| Q3 25 | $0.02 | $0.23 | ||
| Q2 25 | $0.09 | $0.29 | ||
| Q1 25 | $-0.20 | $0.19 | ||
| Q4 24 | $0.17 | $0.23 | ||
| Q3 24 | $-0.04 | $0.25 | ||
| Q2 24 | $0.14 | $0.27 | ||
| Q1 24 | $-0.35 | $0.20 |
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 | $126.6M | $300.8M |
| 总债务越低越好 | — | $2.8B |
| 股东权益账面价值 | $873.0M | $117.4M |
| 总资产 | $2.4B | $5.0B |
| 负债/权益比越低杠杆越低 | — | 23.51× |
8季度趋势，按日历期对齐
现金及短期投资CTRIWEN
| Q4 25 | $126.6M | $300.8M | ||
| Q3 25 | $16.1M | $291.4M | ||
| Q2 25 | $28.3M | $281.2M | ||
| Q1 25 | $15.3M | $335.3M | ||
| Q4 24 | $49.0M | $450.5M | ||
| Q3 24 | $52.5M | $482.2M | ||
| Q2 24 | $30.9M | $465.5M | ||
| Q1 24 | $18.4M | $498.3M |
总债务CTRIWEN
| Q4 25 | — | $2.8B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CTRIWEN
| Q4 25 | $873.0M | $117.4M | ||
| Q3 25 | $585.2M | $109.2M | ||
| Q2 25 | $567.1M | $112.9M | ||
| Q1 25 | $536.5M | $130.2M | ||
| Q4 24 | $555.6M | $259.4M | ||
| Q3 24 | $527.3M | $259.9M | ||
| Q2 24 | $530.4M | $273.8M | ||
| Q1 24 | $197.8M | $293.7M |
总资产CTRIWEN
| Q4 25 | $2.4B | $5.0B | ||
| Q3 25 | $2.2B | $5.0B | ||
| Q2 25 | $2.1B | $4.9B | ||
| Q1 25 | $2.0B | $4.9B | ||
| Q4 24 | $2.1B | $5.0B | ||
| Q3 24 | $2.1B | $5.1B | ||
| Q2 24 | $2.2B | $5.1B | ||
| Q1 24 | $2.1B | $5.2B |
负债/权益比CTRIWEN
| Q4 25 | — | 23.51× | ||
| Q3 25 | — | 24.95× | ||
| Q2 25 | — | 24.18× | ||
| Q1 25 | — | 21.00× | ||
| Q4 24 | — | 10.57× | ||
| 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 | $83.9M | $69.3M |
| 自由现金流经营现金流 - 资本支出 | $66.3M | $31.4M |
| 自由现金流率自由现金流/营收 | 7.7% | 5.8% |
| 资本支出强度资本支出/营收 | 2.0% | 7.0% |
| 现金转化率经营现金流/净利润 | 2.76× | 2.62× |
| 过去12个月自由现金流最近4个季度 | $-8.2M | $242.6M |
8季度趋势，按日历期对齐
经营现金流CTRIWEN
| Q4 25 | $83.9M | $69.3M | ||
| Q3 25 | $5.2M | $129.3M | ||
| Q2 25 | $-27.7M | $60.6M | ||
| Q1 25 | $16.7M | $85.4M | ||
| Q4 24 | $61.0M | $68.6M | ||
| Q3 24 | $180.2M | $141.2M | ||
| Q2 24 | $-56.6M | $45.5M | ||
| Q1 24 | $-26.5M | $100.0M |
自由现金流CTRIWEN
| Q4 25 | $66.3M | $31.4M | ||
| Q3 25 | $-18.4M | $104.3M | ||
| Q2 25 | $-48.5M | $39.2M | ||
| Q1 25 | $-7.7M | $67.7M | ||
| Q4 24 | $27.8M | $26.6M | ||
| Q3 24 | $160.7M | $123.3M | ||
| Q2 24 | $-76.9M | $28.4M | ||
| Q1 24 | $-52.7M | $82.6M |
自由现金流率CTRIWEN
| Q4 25 | 7.7% | 5.8% | ||
| Q3 25 | -2.2% | 19.0% | ||
| Q2 25 | -6.7% | 7.0% | ||
| Q1 25 | -1.4% | 12.9% | ||
| Q4 24 | 3.9% | 4.6% | ||
| Q3 24 | 22.3% | 21.8% | ||
| Q2 24 | -11.4% | 5.0% | ||
| Q1 24 | -10.0% | 15.5% |
资本支出强度CTRIWEN
| Q4 25 | 2.0% | 7.0% | ||
| Q3 25 | 2.8% | 4.5% | ||
| Q2 25 | 2.9% | 3.8% | ||
| Q1 25 | 4.4% | 3.4% | ||
| Q4 24 | 4.6% | 7.3% | ||
| Q3 24 | 2.7% | 3.2% | ||
| Q2 24 | 3.0% | 3.0% | ||
| Q1 24 | 5.0% | 3.2% |
现金转化率CTRIWEN
| Q4 25 | 2.76× | 2.62× | ||
| Q3 25 | 2.48× | 2.92× | ||
| Q2 25 | -3.43× | 1.10× | ||
| Q1 25 | — | 2.18× | ||
| Q4 24 | 5.90× | 1.44× | ||
| Q3 24 | — | 2.81× | ||
| Q2 24 | -4.84× | 0.83× | ||
| Q1 24 | — | 2.38× |
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
CTRI
| Master Services Agreement | $660.7M | 77% |
| Non Union Electric Segment | $163.4M | 19% |
| Related Party | $25.6M | 3% |
WEN
| Franchise Royalty Revenueand Fees | $149.3M | 27% |
| Royalty | $103.6M | 19% |
| Advertising | $103.3M | 19% |
| Global Real Estate Development | $60.5M | 11% |
| Real Estate | $59.5M | 11% |
| Wendys International | $39.5M | 7% |
| Franchise | $21.5M | 4% |
