vs
达美乐（DPZ）与思佳讯（SWKS）财务数据对比。点击上方公司名可切换其他公司
达美乐的季度营收约是思佳讯的1.2倍（$1.2B vs $943.7M），达美乐净利率更高（12.2% vs 3.8%，领先8.4%），达美乐同比增速更快（3.5% vs -1.0%），过去两年达美乐的营收复合增速更高（2.4% vs 2.1%）
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。
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
DPZ vs SWKS — 直观对比
营收规模更大
DPZ
是对方的1.2倍
$943.7M
营收增速更快
DPZ
高出4.5%
-1.0%
净利率更高
DPZ
高出8.4%
3.8%
两年增速更快
DPZ
近两年复合增速
2.1%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $943.7M |
| 净利润 | $139.8M | $35.6M |
| 毛利率 | 40.4% | 40.8% |
| 营业利润率 | 20.0% | 4.5% |
| 净利率 | 12.2% | 3.8% |
| 营收同比 | 3.5% | -1.0% |
| 净利润同比 | -6.6% | -48.2% |
| 每股收益（稀释后） | $4.13 | $0.24 |
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DPZSWKS
| Q2 26 | — | $943.7M | ||
| Q1 26 | $1.2B | $1.0B | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | $965.0M | ||
| Q1 25 | $1.1B | $953.2M | ||
| Q4 24 | $1.4B | $1.1B | ||
| Q3 24 | $1.1B | $1.0B |
净利润DPZSWKS
| Q2 26 | — | $35.6M | ||
| Q1 26 | $139.8M | $79.2M | ||
| Q4 25 | — | $141.4M | ||
| Q3 25 | $139.3M | — | ||
| Q2 25 | $131.1M | $105.0M | ||
| Q1 25 | $149.7M | $68.7M | ||
| Q4 24 | $169.4M | $162.0M | ||
| Q3 24 | $146.9M | $60.5M |
毛利率DPZSWKS
| Q2 26 | — | 40.8% | ||
| Q1 26 | 40.4% | 41.3% | ||
| Q4 25 | — | 40.7% | ||
| Q3 25 | 40.1% | — | ||
| Q2 25 | 40.3% | 41.6% | ||
| Q1 25 | 39.8% | 41.1% | ||
| Q4 24 | 39.2% | 41.4% | ||
| Q3 24 | 39.2% | 41.9% |
营业利润率DPZSWKS
| Q2 26 | — | 4.5% | ||
| Q1 26 | 20.0% | 10.0% | ||
| Q4 25 | — | 10.1% | ||
| Q3 25 | 19.5% | — | ||
| Q2 25 | 19.7% | 11.5% | ||
| Q1 25 | 18.9% | 10.2% | ||
| Q4 24 | 19.0% | 16.9% | ||
| Q3 24 | 18.4% | 5.8% |
净利率DPZSWKS
| Q2 26 | — | 3.8% | ||
| Q1 26 | 12.2% | 7.6% | ||
| Q4 25 | — | 12.9% | ||
| Q3 25 | 12.1% | — | ||
| Q2 25 | 11.4% | 10.9% | ||
| Q1 25 | 13.5% | 7.2% | ||
| Q4 24 | 11.7% | 15.2% | ||
| Q3 24 | 13.6% | 5.9% |
每股收益（稀释后）DPZSWKS
| Q2 26 | — | $0.24 | ||
| Q1 26 | $4.13 | $0.53 | ||
| Q4 25 | — | $0.95 | ||
| Q3 25 | $4.08 | — | ||
| Q2 25 | $3.81 | $0.70 | ||
| Q1 25 | $4.33 | $0.43 | ||
| Q4 24 | $4.89 | $1.00 | ||
| Q3 24 | $4.19 | $0.36 |
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 | — |
| 股东权益账面价值 | — | $5.8B |
| 总资产 | $1.8B | $7.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DPZSWKS
| Q2 26 | — | — | ||
| Q1 26 | $232.9M | $1.6B | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | $139.7M | — | ||
| Q2 25 | $272.9M | $1.3B | ||
| Q1 25 | $304.3M | $1.5B | ||
| Q4 24 | $186.1M | $1.7B | ||
| Q3 24 | $189.1M | $1.6B |
总债务DPZSWKS
| Q2 26 | — | — | ||
| Q1 26 | $4.9B | $496.6M | ||
| Q4 25 | — | $496.4M | ||
| Q3 25 | $4.8B | — | ||
| Q2 25 | $3.8B | $496.2M | ||
| Q1 25 | $3.8B | $995.1M | ||
| Q4 24 | $3.8B | $994.7M | ||
| Q3 24 | $5.0B | $994.3M |
股东权益DPZSWKS
| Q2 26 | — | $5.8B | ||
| Q1 26 | — | $5.8B | ||
| Q4 25 | — | $5.8B | ||
| Q3 25 | $-4.0B | — | ||
| Q2 25 | $-4.0B | $5.7B | ||
| Q1 25 | $-3.9B | $5.9B | ||
| Q4 24 | $-4.0B | $6.4B | ||
| Q3 24 | $-4.0B | $6.3B |
总资产DPZSWKS
| Q2 26 | — | $7.9B | ||
| Q1 26 | $1.8B | $7.9B | ||
| Q4 25 | — | $7.9B | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.8B | $7.7B | ||
| Q1 25 | $1.9B | $7.9B | ||
| Q4 24 | $1.7B | $8.3B | ||
| Q3 24 | $1.8B | $8.3B |
负债/权益比DPZSWKS
| Q2 26 | — | — | ||
| Q1 26 | — | 0.09× | ||
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.09× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.16× | ||
| Q3 24 | — | 0.16× |
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 | $50.3M |
| 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% | 8.7% |
| 现金转化率经营现金流/净利润 | 1.16× | 1.41× |
| 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DPZSWKS
| Q2 26 | — | $50.3M | ||
| Q1 26 | $162.0M | $395.5M | ||
| Q4 25 | — | $200.0M | ||
| Q3 25 | $185.4M | — | ||
| Q2 25 | $187.8M | $314.2M | ||
| Q1 25 | $179.1M | $409.4M | ||
| Q4 24 | $178.0M | $377.2M | ||
| Q3 24 | $172.7M | $476.1M |
自由现金流DPZSWKS
| Q2 26 | — | — | ||
| Q1 26 | $147.0M | $339.0M | ||
| Q4 25 | — | $144.0M | ||
| Q3 25 | $164.0M | — | ||
| Q2 25 | $167.3M | $252.7M | ||
| Q1 25 | $164.3M | $370.9M | ||
| Q4 24 | $135.9M | $338.2M | ||
| Q3 24 | $145.6M | $393.3M |
自由现金流率DPZSWKS
| Q2 26 | — | — | ||
| Q1 26 | 12.8% | 32.7% | ||
| Q4 25 | — | 13.1% | ||
| Q3 25 | 14.3% | — | ||
| Q2 25 | 14.6% | 26.2% | ||
| Q1 25 | 14.8% | 38.9% | ||
| Q4 24 | 9.4% | 31.7% | ||
| Q3 24 | 13.5% | 38.4% |
资本支出强度DPZSWKS
| Q2 26 | — | 8.7% | ||
| Q1 26 | 1.3% | 5.5% | ||
| Q4 25 | — | 5.1% | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 1.8% | 6.4% | ||
| Q1 25 | 1.3% | 4.0% | ||
| Q4 24 | 2.9% | 3.6% | ||
| Q3 24 | 2.5% | 8.1% |
现金转化率DPZSWKS
| Q2 26 | — | 1.41× | ||
| Q1 26 | 1.16× | 4.99× | ||
| Q4 25 | — | 1.41× | ||
| Q3 25 | 1.33× | — | ||
| Q2 25 | 1.43× | 2.99× | ||
| Q1 25 | 1.20× | 5.96× | ||
| Q4 24 | 1.05× | 2.33× | ||
| Q3 24 | 1.18× | 7.87× |
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% |
SWKS
暂无分部数据
