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达美乐（DPZ）与Primo Brands Corp（PRMB）财务数据对比。点击上方公司名可切换其他公司
Primo Brands Corp的季度营收约是达美乐的1.4倍（$1.6B vs $1.2B），达美乐净利率更高（12.2% vs 1.7%，领先10.5%），达美乐同比增速更快（3.5% vs 0.8%），过去两年Primo Brands Corp的营收复合增速更高（19.7% vs 2.4%）
达美乐是1960年成立的美国跨国披萨连锁品牌，注册地位于特拉华州，总部坐落在密歇根州安娜堡附近的安娜堡镇达美乐农场办公园区。截至2018年，品牌已在全球83个国家和地区的5701座城市开设约15000家门店，其中美国、印度、英国分别有5649家、1500家和1249家门店。
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
DPZ vs PRMB — 直观对比
营收规模更大
PRMB
是对方的1.4倍
$1.2B
营收增速更快
DPZ
高出2.7%
0.8%
净利率更高
DPZ
高出10.5%
1.7%
两年增速更快
PRMB
近两年复合增速
2.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.6B |
| 净利润 | $139.8M | $27.3M |
| 毛利率 | 40.4% | 28.6% |
| 营业利润率 | 20.0% | 8.5% |
| 净利率 | 12.2% | 1.7% |
| 营收同比 | 3.5% | 0.8% |
| 净利润同比 | -6.6% | -4.9% |
| 每股收益（稀释后） | $4.13 | $0.07 |
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DPZPRMB
| Q1 26 | $1.2B | $1.6B | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | $1.1B | $1.8B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.1B | $0 | ||
| Q2 24 | $1.1B | $1.3B |
净利润DPZPRMB
| Q1 26 | $139.8M | $27.3M | ||
| Q4 25 | — | $-13.0M | ||
| Q3 25 | $139.3M | $16.8M | ||
| Q2 25 | $131.1M | $27.6M | ||
| Q1 25 | $149.7M | $28.7M | ||
| Q4 24 | $169.4M | — | ||
| Q3 24 | $146.9M | $-2.0K | ||
| Q2 24 | $142.0M | $54.5M |
毛利率DPZPRMB
| Q1 26 | 40.4% | 28.6% | ||
| Q4 25 | — | 27.7% | ||
| Q3 25 | 40.1% | 29.9% | ||
| Q2 25 | 40.3% | 31.3% | ||
| Q1 25 | 39.8% | 32.3% | ||
| Q4 24 | 39.2% | — | ||
| Q3 24 | 39.2% | — | ||
| Q2 24 | 39.8% | 32.7% |
营业利润率DPZPRMB
| Q1 26 | 20.0% | 8.5% | ||
| Q4 25 | — | 1.2% | ||
| Q3 25 | 19.5% | 8.3% | ||
| Q2 25 | 19.7% | 6.5% | ||
| Q1 25 | 18.9% | 9.5% | ||
| Q4 24 | 19.0% | — | ||
| Q3 24 | 18.4% | — | ||
| Q2 24 | 17.9% | 12.1% |
净利率DPZPRMB
| Q1 26 | 12.2% | 1.7% | ||
| Q4 25 | — | -0.8% | ||
| Q3 25 | 12.1% | 1.0% | ||
| Q2 25 | 11.4% | 1.6% | ||
| Q1 25 | 13.5% | 1.8% | ||
| Q4 24 | 11.7% | — | ||
| Q3 24 | 13.6% | — | ||
| Q2 24 | 12.9% | 4.1% |
每股收益（稀释后）DPZPRMB
| Q1 26 | $4.13 | $0.07 | ||
| Q4 25 | — | $-0.03 | ||
| Q3 25 | $4.08 | $0.04 | ||
| Q2 25 | $3.81 | $0.07 | ||
| Q1 25 | $4.33 | $0.08 | ||
| Q4 24 | $4.89 | — | ||
| Q3 24 | $4.19 | $-20.00 | ||
| Q2 24 | $4.03 | $0.25 |
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 | $232.9M | — |
| 总债务越低越好 | $4.9B | $5.2B |
| 股东权益账面价值 | — | $3.0B |
| 总资产 | $1.8B | $10.6B |
| 负债/权益比越低杠杆越低 | — | 1.74× |
8季度趋势，按日历期对齐
现金及短期投资DPZPRMB
| Q1 26 | $232.9M | — | ||
| Q4 25 | — | $376.7M | ||
| Q3 25 | $139.7M | — | ||
| Q2 25 | $272.9M | — | ||
| Q1 25 | $304.3M | — | ||
| Q4 24 | $186.1M | — | ||
| Q3 24 | $189.1M | — | ||
| Q2 24 | $283.7M | — |
总债务DPZPRMB
| Q1 26 | $4.9B | $5.2B | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | $4.8B | $5.1B | ||
| Q2 25 | $3.8B | $5.1B | ||
| Q1 25 | $3.8B | $5.0B | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $5.0B | — | ||
| Q2 24 | $5.0B | — |
股东权益DPZPRMB
| Q1 26 | — | $3.0B | ||
| Q4 25 | — | $3.0B | ||
| Q3 25 | $-4.0B | $3.2B | ||
| Q2 25 | $-4.0B | $3.2B | ||
| Q1 25 | $-3.9B | $3.3B | ||
| Q4 24 | $-4.0B | — | ||
| Q3 24 | $-4.0B | $-2.0K | ||
| Q2 24 | $-3.9B | $-296.8M |
总资产DPZPRMB
| Q1 26 | $1.8B | $10.6B | ||
| Q4 25 | — | $10.6B | ||
| Q3 25 | $1.7B | $11.0B | ||
| Q2 25 | $1.8B | $11.0B | ||
| Q1 25 | $1.9B | $11.0B | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.8B | $0 | ||
| Q2 24 | $1.9B | — |
负债/权益比DPZPRMB
| Q1 26 | — | 1.74× | ||
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | 1.61× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 1.51× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $162.0M | $103.8M |
| 自由现金流经营现金流 - 资本支出 | $147.0M | — |
| 自由现金流率自由现金流/营收 | 12.8% | — |
| 资本支出强度资本支出/营收 | 1.3% | 2.9% |
| 现金转化率经营现金流/净利润 | 1.16× | 3.80× |
| 过去12个月自由现金流最近4个季度 | $625.3M | — |
8季度趋势，按日历期对齐
经营现金流DPZPRMB
| Q1 26 | $162.0M | $103.8M | ||
| Q4 25 | — | $203.1M | ||
| Q3 25 | $185.4M | $283.4M | ||
| Q2 25 | $187.8M | $155.0M | ||
| Q1 25 | $179.1M | $38.8M | ||
| Q4 24 | $178.0M | — | ||
| Q3 24 | $172.7M | $0 | ||
| Q2 24 | $150.7M | $102.5M |
自由现金流DPZPRMB
| Q1 26 | $147.0M | — | ||
| Q4 25 | — | $57.3M | ||
| Q3 25 | $164.0M | $167.7M | ||
| Q2 25 | $167.3M | $101.1M | ||
| Q1 25 | $164.3M | $-23.2M | ||
| Q4 24 | $135.9M | — | ||
| Q3 24 | $145.6M | — | ||
| Q2 24 | $127.2M | $61.4M |
自由现金流率DPZPRMB
| Q1 26 | 12.8% | — | ||
| Q4 25 | — | 3.7% | ||
| Q3 25 | 14.3% | 9.5% | ||
| Q2 25 | 14.6% | 5.8% | ||
| Q1 25 | 14.8% | -1.4% | ||
| Q4 24 | 9.4% | — | ||
| Q3 24 | 13.5% | — | ||
| Q2 24 | 11.6% | 4.7% |
资本支出强度DPZPRMB
| Q1 26 | 1.3% | 2.9% | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | 1.9% | 6.6% | ||
| Q2 25 | 1.8% | 3.1% | ||
| Q1 25 | 1.3% | 3.8% | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 2.1% | 3.1% |
现金转化率DPZPRMB
| Q1 26 | 1.16× | 3.80× | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.33× | 16.87× | ||
| Q2 25 | 1.43× | 5.62× | ||
| Q1 25 | 1.20× | 1.35× | ||
| Q4 24 | 1.05× | — | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | 1.06× | 1.88× |
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
DPZ
| Supply chain | $699.0M | 61% |
| U.S. franchise royalties and fees | $158.0M | 14% |
| U.S. franchise advertising | $130.5M | 11% |
| U.S. Company-owned stores | $82.1M | 7% |
| International franchise royalties and fees | $81.0M | 7% |
PRMB
| Regional spring water | $801.2M | 49% |
| Purified water | $511.2M | 31% |
| Other | $208.2M | 13% |
| Premium water | $105.5M | 6% |
