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慧与（EFSC）与First Watch Restaurant Group, Inc.（FWRG）财务数据对比。点击上方公司名可切换其他公司
First Watch Restaurant Group, Inc.的季度营收约是慧与的1.7倍（$316.4M vs $185.2M），过去两年First Watch Restaurant Group, Inc.的营收复合增速更高（14.2% vs 9.0%）
慧与（Hewlett Packard Enterprise，简称HPE）是总部位于美国得克萨斯州斯普林的跨国信息技术企业，面向企业客户提供服务器、存储、网络、容器化软件及咨询支持服务，2018年位列美国《财富》500强第107位。
该企业原信息存在公司混淆错误，实际First Watch Restaurant Group是美国餐饮集团，主打鲜制早餐、早午餐与午餐，在美国多个州运营自营与特许加盟餐厅，聚焦日间休闲餐饮市场，为消费者提供新鲜健康的美式餐食选择。
EFSC vs FWRG — 直观对比
营收规模更大
FWRG
是对方的1.7倍
$185.2M
两年增速更快
FWRG
近两年复合增速
9.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $185.2M | $316.4M |
| 净利润 | $49.4M | — |
| 毛利率 | — | — |
| 营业利润率 | — | 2.9% |
| 净利率 | 26.6% | — |
| 营收同比 | — | 20.2% |
| 净利润同比 | -1.2% | — |
| 每股收益（稀释后） | $1.30 | $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EFSCFWRG
| Q1 26 | $185.2M | — | ||
| Q4 25 | $193.6M | $316.4M | ||
| Q3 25 | $206.9M | $316.0M | ||
| Q2 25 | $173.4M | $307.9M | ||
| Q1 25 | $166.0M | $282.2M | ||
| Q4 24 | $167.0M | $263.3M | ||
| Q3 24 | $164.9M | $251.6M | ||
| Q2 24 | $156.0M | $258.6M |
净利润EFSCFWRG
| Q1 26 | $49.4M | — | ||
| Q4 25 | $54.8M | — | ||
| Q3 25 | $45.2M | $3.0M | ||
| Q2 25 | $51.4M | $2.1M | ||
| Q1 25 | $50.0M | $-829.0K | ||
| Q4 24 | $48.8M | — | ||
| Q3 24 | $50.6M | $2.1M | ||
| Q2 24 | $45.4M | $8.9M |
营业利润率EFSCFWRG
| Q1 26 | — | — | ||
| Q4 25 | — | 2.9% | ||
| Q3 25 | 42.9% | 3.2% | ||
| Q2 25 | 37.0% | 2.4% | ||
| Q1 25 | 36.8% | 0.4% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | 38.1% | 2.5% | ||
| Q2 24 | 36.7% | 6.4% |
净利率EFSCFWRG
| Q1 26 | 26.6% | — | ||
| Q4 25 | 28.3% | — | ||
| Q3 25 | 21.9% | 0.9% | ||
| Q2 25 | 29.6% | 0.7% | ||
| Q1 25 | 30.1% | -0.3% | ||
| Q4 24 | 29.2% | — | ||
| Q3 24 | 30.7% | 0.8% | ||
| Q2 24 | 29.1% | 3.4% |
每股收益（稀释后）EFSCFWRG
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.45 | $0.24 | ||
| Q3 25 | $1.19 | $0.05 | ||
| Q2 25 | $1.36 | $0.03 | ||
| Q1 25 | $1.31 | $-0.01 | ||
| Q4 24 | $1.27 | $0.01 | ||
| Q3 24 | $1.32 | $0.03 | ||
| Q2 24 | $1.19 | $0.14 |
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 | — | $21.2M |
| 总债务越低越好 | — | $269.1M |
| 股东权益账面价值 | $2.1B | $626.3M |
| 总资产 | $17.3B | $1.7B |
| 负债/权益比越低杠杆越低 | — | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资EFSCFWRG
| Q1 26 | — | — | ||
| Q4 25 | — | $21.2M | ||
| Q3 25 | — | $20.7M | ||
| Q2 25 | — | $19.2M | ||
| Q1 25 | — | $18.6M | ||
| Q4 24 | — | $33.3M | ||
| Q3 24 | — | $51.1M | ||
| Q2 24 | — | $45.1M |
总债务EFSCFWRG
| Q1 26 | — | — | ||
| Q4 25 | — | $269.1M | ||
| Q3 25 | — | $251.0M | ||
| Q2 25 | — | $250.0M | ||
| Q1 25 | — | $191.5M | ||
| Q4 24 | — | $189.0M | ||
| Q3 24 | — | $189.7M | ||
| Q2 24 | — | $192.1M |
股东权益EFSCFWRG
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.0B | $626.3M | ||
| Q3 25 | $2.0B | $607.3M | ||
| Q2 25 | $1.9B | $601.3M | ||
| Q1 25 | $1.9B | $596.3M | ||
| Q4 24 | $1.8B | $595.4M | ||
| Q3 24 | $1.8B | $589.1M | ||
| Q2 24 | $1.8B | $585.8M |
总资产EFSCFWRG
| Q1 26 | $17.3B | — | ||
| Q4 25 | $17.3B | $1.7B | ||
| Q3 25 | $16.4B | $1.7B | ||
| Q2 25 | $16.1B | $1.7B | ||
| Q1 25 | $15.7B | $1.5B | ||
| Q4 24 | $15.6B | $1.5B | ||
| Q3 24 | $15.0B | $1.5B | ||
| Q2 24 | $14.6B | $1.4B |
负债/权益比EFSCFWRG
| Q1 26 | — | — | ||
| Q4 25 | — | 0.43× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.32× | ||
| Q2 24 | — | 0.33× |
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 | — | $18.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-18.3M |
| 自由现金流率自由现金流/营收 | — | -5.8% |
| 资本支出强度资本支出/营收 | — | 11.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-31.0M |
8季度趋势，按日历期对齐
经营现金流EFSCFWRG
| Q1 26 | — | — | ||
| Q4 25 | $193.5M | $18.5M | ||
| Q3 25 | $49.4M | $47.9M | ||
| Q2 25 | $61.3M | $39.4M | ||
| Q1 25 | $40.0M | $20.1M | ||
| Q4 24 | $247.4M | $22.9M | ||
| Q3 24 | $89.0M | $35.9M | ||
| Q2 24 | $76.5M | $31.9M |
自由现金流EFSCFWRG
| Q1 26 | — | — | ||
| Q4 25 | $181.5M | $-18.3M | ||
| Q3 25 | $47.1M | $5.5M | ||
| Q2 25 | $59.0M | $-1.7M | ||
| Q1 25 | $35.6M | $-16.4M | ||
| Q4 24 | $239.9M | $-17.7M | ||
| Q3 24 | $88.2M | $6.8M | ||
| Q2 24 | $74.7M | $2.3M |
自由现金流率EFSCFWRG
| Q1 26 | — | — | ||
| Q4 25 | 93.8% | -5.8% | ||
| Q3 25 | 22.8% | 1.7% | ||
| Q2 25 | 34.0% | -0.5% | ||
| Q1 25 | 21.5% | -5.8% | ||
| Q4 24 | 143.7% | -6.7% | ||
| Q3 24 | 53.5% | 2.7% | ||
| Q2 24 | 47.9% | 0.9% |
资本支出强度EFSCFWRG
| Q1 26 | — | — | ||
| Q4 25 | 6.2% | 11.6% | ||
| Q3 25 | 1.1% | 13.4% | ||
| Q2 25 | 1.3% | 13.4% | ||
| Q1 25 | 2.7% | 13.0% | ||
| Q4 24 | 4.5% | 15.4% | ||
| Q3 24 | 0.5% | 11.6% | ||
| Q2 24 | 1.1% | 11.5% |
现金转化率EFSCFWRG
| Q1 26 | — | — | ||
| Q4 25 | 3.53× | — | ||
| Q3 25 | 1.09× | 16.01× | ||
| Q2 25 | 1.19× | 18.72× | ||
| Q1 25 | 0.80× | — | ||
| Q4 24 | 5.07× | — | ||
| Q3 24 | 1.76× | 16.98× | ||
| Q2 24 | 1.68× | 3.59× |
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
EFSC
| Net Interest Income | $166.1M | 90% |
| Noninterest Income | $19.1M | 10% |
FWRG
| In Restaurant Dining Sales | $254.1M | 80% |
| Third Party Delivery Sales | $38.6M | 12% |
| Take Out Sales | $21.3M | 7% |
| Royalty And System Fund Contributions | $2.3M | 1% |
