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dLocal Ltd（DLO）与J&J SNACK FOODS CORP（JJSF）财务数据对比。点击上方公司名可切换其他公司
J&J SNACK FOODS CORP的季度营收约是dLocal Ltd的1.0倍（$343.8M vs $337.9M），dLocal Ltd净利率更高（16.5% vs 0.3%，领先16.2%），dLocal Ltd同比增速更快（65.2% vs -5.2%），dLocal Ltd自由现金流更多（$99.8M vs $17.0M）
dLocal是一家总部位于乌拉圭的金融科技企业，专注于提供跨境支付解决方案，搭建全球商户与新兴市场之间的支付链路，助力国际商户顺畅接入新兴市场本地支付网络，高效开展跨境业务。
强生休闲食品公司（J&J Snack Foods Corp.）是美国知名的品牌休闲食品与冷冻饮品生产商、营销商及分销商，总部位于新泽西州芒特劳雷尔，在全美44个州、墨西哥及加拿大设有超175个生产、仓储及配送设施，于纳斯达克全球精选市场上市，业务覆盖国内外市场。
DLO vs JJSF — 直观对比
营收规模更大
JJSF
是对方的1.0倍
$337.9M
营收增速更快
DLO
高出70.4%
-5.2%
净利率更高
DLO
高出16.2%
0.3%
自由现金流更多
DLO
多$82.9M
$17.0M
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $337.9M | $343.8M |
| 净利润 | $55.6M | $883.0K |
| 毛利率 | 34.3% | 27.9% |
| 营业利润率 | 18.6% | 0.2% |
| 净利率 | 16.5% | 0.3% |
| 营收同比 | 65.2% | -5.2% |
| 净利润同比 | 87.3% | -82.8% |
| 每股收益（稀释后） | $0.18 | $0.05 |
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DLOJJSF
| Q4 25 | $337.9M | $343.8M | ||
| Q3 25 | $282.5M | $410.2M | ||
| Q2 25 | — | $454.3M | ||
| Q1 25 | — | $356.1M | ||
| Q4 24 | $204.5M | $362.6M | ||
| Q3 24 | $185.8M | $426.8M | ||
| Q2 24 | — | $440.0M | ||
| Q1 24 | — | $359.7M |
净利润DLOJJSF
| Q4 25 | $55.6M | $883.0K | ||
| Q3 25 | $141.3M | $11.4M | ||
| Q2 25 | — | $44.2M | ||
| Q1 25 | — | $4.8M | ||
| Q4 24 | $29.7M | $5.1M | ||
| Q3 24 | $90.8M | $29.6M | ||
| Q2 24 | — | $36.3M | ||
| Q1 24 | — | $13.3M |
毛利率DLOJJSF
| Q4 25 | 34.3% | 27.9% | ||
| Q3 25 | 36.5% | 31.7% | ||
| Q2 25 | — | 33.0% | ||
| Q1 25 | — | 26.9% | ||
| Q4 24 | 40.9% | 25.9% | ||
| Q3 24 | 42.1% | 31.8% | ||
| Q2 24 | — | 33.6% | ||
| Q1 24 | — | 30.1% |
营业利润率DLOJJSF
| Q4 25 | 18.6% | 0.2% | ||
| Q3 25 | 19.7% | 2.8% | ||
| Q2 25 | — | 13.3% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | 20.7% | 1.7% | ||
| Q3 24 | 22.1% | 9.3% | ||
| Q2 24 | — | 11.4% | ||
| Q1 24 | — | 5.0% |
净利率DLOJJSF
| Q4 25 | 16.5% | 0.3% | ||
| Q3 25 | 50.0% | 2.8% | ||
| Q2 25 | — | 9.7% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | 14.5% | 1.4% | ||
| Q3 24 | 48.9% | 6.9% | ||
| Q2 24 | — | 8.3% | ||
| Q1 24 | — | 3.7% |
每股收益（稀释后）DLOJJSF
| Q4 25 | $0.18 | $0.05 | ||
| Q3 25 | $0.17 | $0.59 | ||
| Q2 25 | — | $2.26 | ||
| Q1 25 | — | $0.25 | ||
| Q4 24 | $0.09 | $0.26 | ||
| Q3 24 | $0.09 | $1.52 | ||
| Q2 24 | — | $1.87 | ||
| Q1 24 | — | $0.69 |
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 | $719.9M | $66.8M |
| 总债务越低越好 | $86.7M | — |
| 股东权益账面价值 | $569.4M | $912.9M |
| 总资产 | $1.5B | $1.3B |
| 负债/权益比越低杠杆越低 | 0.15× | — |
8季度趋势，按日历期对齐
现金及短期投资DLOJJSF
| Q4 25 | $719.9M | $66.8M | ||
| Q3 25 | $604.5M | $105.9M | ||
| Q2 25 | — | $77.4M | ||
| Q1 25 | — | $48.5M | ||
| Q4 24 | $425.2M | $73.6M | ||
| Q3 24 | $560.5M | $73.4M | ||
| Q2 24 | — | $64.0M | ||
| Q1 24 | — | $43.6M |
总债务DLOJJSF
| Q4 25 | $86.7M | — | ||
| Q3 25 | $63.1M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $39.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DLOJJSF
| Q4 25 | $569.4M | $912.9M | ||
| Q3 25 | $504.7M | $966.7M | ||
| Q2 25 | — | $969.9M | ||
| Q1 25 | — | $935.0M | ||
| Q4 24 | $489.0M | $946.8M | ||
| Q3 24 | $457.0M | $957.0M | ||
| Q2 24 | — | $937.9M | ||
| Q1 24 | — | $915.7M |
总资产DLOJJSF
| Q4 25 | $1.5B | $1.3B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.3B |
负债/权益比DLOJJSF
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.08× | — | ||
| 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 | $100.4M | $36.0M |
| 自由现金流经营现金流 - 资本支出 | $99.8M | $17.0M |
| 自由现金流率自由现金流/营收 | 29.5% | 4.9% |
| 资本支出强度资本支出/营收 | 0.2% | 5.5% |
| 现金转化率经营现金流/净利润 | 1.80× | 40.73× |
| 过去12个月自由现金流最近4个季度 | $378.7M | $83.1M |
8季度趋势，按日历期对齐
经营现金流DLOJJSF
| Q4 25 | $100.4M | $36.0M | ||
| Q3 25 | $315.0M | $66.4M | ||
| Q2 25 | — | $51.2M | ||
| Q1 25 | — | $12.3M | ||
| Q4 24 | $-141.1M | $35.2M | ||
| Q3 24 | $108.3M | $46.3M | ||
| Q2 24 | — | $65.0M | ||
| Q1 24 | — | $12.7M |
自由现金流DLOJJSF
| Q4 25 | $99.8M | $17.0M | ||
| Q3 25 | $313.4M | $44.8M | ||
| Q2 25 | — | $28.5M | ||
| Q1 25 | — | $-7.2M | ||
| Q4 24 | $-141.6M | $16.1M | ||
| Q3 24 | $107.1M | $29.1M | ||
| Q2 24 | — | $45.3M | ||
| Q1 24 | — | $-4.0M |
自由现金流率DLOJJSF
| Q4 25 | 29.5% | 4.9% | ||
| Q3 25 | 110.9% | 10.9% | ||
| Q2 25 | — | 6.3% | ||
| Q1 25 | — | -2.0% | ||
| Q4 24 | -69.2% | 4.4% | ||
| Q3 24 | 57.6% | 6.8% | ||
| Q2 24 | — | 10.3% | ||
| Q1 24 | — | -1.1% |
资本支出强度DLOJJSF
| Q4 25 | 0.2% | 5.5% | ||
| Q3 25 | 0.6% | 5.3% | ||
| Q2 25 | — | 5.0% | ||
| Q1 25 | — | 5.5% | ||
| Q4 24 | 0.2% | 5.3% | ||
| Q3 24 | 0.7% | 4.0% | ||
| Q2 24 | — | 4.5% | ||
| Q1 24 | — | 4.6% |
现金转化率DLOJJSF
| Q4 25 | 1.80× | 40.73× | ||
| Q3 25 | 2.23× | 5.84× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | — | 2.55× | ||
| Q4 24 | -4.75× | 6.84× | ||
| Q3 24 | 1.19× | 1.56× | ||
| Q2 24 | — | 1.79× | ||
| Q1 24 | — | 0.96× |
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
DLO
暂无分部数据
JJSF
| Food Service | $219.2M | 64% |
| Frozen Beverages | $78.7M | 23% |
| Repair And Maintenance Service | $22.5M | 7% |
| Other | $12.7M | 4% |
| Machine Sales | $10.7M | 3% |
