vs
FARMER BROTHERS CO（FARM）与JBG SMITH Properties（JBGS）财务数据对比。点击上方公司名可切换其他公司
JBG SMITH Properties的季度营收约是FARMER BROTHERS CO的1.4倍（$127.6M vs $88.9M），FARMER BROTHERS CO净利率更高（-5.5% vs -18.1%，领先12.6%），JBG SMITH Properties同比增速更快（5.7% vs -1.2%），过去两年FARMER BROTHERS CO的营收复合增速更高（2.1% vs -2.9%）
Farmer Bros. Co.是一家总部位于美国得克萨斯州沃斯堡的餐饮服务企业，主打咖啡与茶类产品的生产分销，同时还供应约300种餐厅及其他经营场所所需的餐饮配套用品，目前由约翰·摩尔担任公司首席执行官兼总裁。
JBG SMITH Properties是一家总部位于马里兰州贝塞斯达的上市房地产投资信托公司，专注于持有并运营房地产资产，是美国商业地产领域的专业运营机构，面向市场提供多元化的不动产投资与管理服务。
FARM vs JBGS — 直观对比
营收规模更大
JBGS
是对方的1.4倍
$88.9M
营收增速更快
JBGS
高出7.0%
-1.2%
净利率更高
FARM
高出12.6%
-18.1%
两年增速更快
FARM
近两年复合增速
-2.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $88.9M | $127.6M |
| 净利润 | $-4.9M | $-23.0M |
| 毛利率 | 36.3% | — |
| 营业利润率 | -4.7% | — |
| 净利率 | -5.5% | -18.1% |
| 营收同比 | -1.2% | 5.7% |
| 净利润同比 | -2417.1% | 57.1% |
| 每股收益（稀释后） | $-0.22 | $-0.32 |
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FARMJBGS
| Q1 26 | — | $127.6M | ||
| Q4 25 | $88.9M | $127.6M | ||
| Q3 25 | $81.6M | $123.9M | ||
| Q2 25 | $85.1M | $126.5M | ||
| Q1 25 | $82.1M | $120.7M | ||
| Q4 24 | $90.0M | $130.8M | ||
| Q3 24 | $85.1M | $136.0M | ||
| Q2 24 | $84.4M | $135.3M |
净利润FARMJBGS
| Q1 26 | — | $-23.0M | ||
| Q4 25 | $-4.9M | $-45.5M | ||
| Q3 25 | $-4.0M | $-28.6M | ||
| Q2 25 | $-4.7M | $-19.2M | ||
| Q1 25 | $-5.0M | $-45.7M | ||
| Q4 24 | $210.0K | $-59.9M | ||
| Q3 24 | $-5.0M | $-27.0M | ||
| Q2 24 | $-4.6M | $-24.4M |
毛利率FARMJBGS
| Q1 26 | — | — | ||
| Q4 25 | 36.3% | — | ||
| Q3 25 | 39.7% | — | ||
| Q2 25 | 44.9% | — | ||
| Q1 25 | 42.1% | — | ||
| Q4 24 | 43.1% | — | ||
| Q3 24 | 43.9% | — | ||
| Q2 24 | 38.8% | — |
营业利润率FARMJBGS
| Q1 26 | — | — | ||
| Q4 25 | -4.7% | -47.5% | ||
| Q3 25 | -3.9% | -27.5% | ||
| Q2 25 | 4.6% | -18.4% | ||
| Q1 25 | -4.3% | -44.7% | ||
| Q4 24 | 1.1% | -53.6% | ||
| Q3 24 | -3.3% | -22.4% | ||
| Q2 24 | -4.9% | -24.3% |
净利率FARMJBGS
| Q1 26 | — | -18.1% | ||
| Q4 25 | -5.5% | -35.7% | ||
| Q3 25 | -4.9% | -23.1% | ||
| Q2 25 | -5.6% | -15.2% | ||
| Q1 25 | -6.1% | -37.9% | ||
| Q4 24 | 0.2% | -45.8% | ||
| Q3 24 | -5.9% | -19.8% | ||
| Q2 24 | -5.4% | -18.0% |
每股收益（稀释后）FARMJBGS
| Q1 26 | — | $-0.32 | ||
| Q4 25 | $-0.22 | $-0.76 | ||
| Q3 25 | $-0.19 | $-0.48 | ||
| Q2 25 | $-0.22 | $-0.29 | ||
| Q1 25 | $-0.23 | $-0.56 | ||
| Q4 24 | $0.01 | $-0.70 | ||
| Q3 24 | $-0.24 | $-0.32 | ||
| Q2 24 | $-0.23 | $-0.27 |
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 | $4.2M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $35.7M | — |
| 总资产 | $151.4M | $4.3B |
| 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FARMJBGS
| Q1 26 | — | — | ||
| Q4 25 | $4.2M | $75.3M | ||
| Q3 25 | $3.8M | $64.4M | ||
| Q2 25 | $6.8M | $61.4M | ||
| Q1 25 | $4.1M | $81.3M | ||
| Q4 24 | $5.5M | $145.8M | ||
| Q3 24 | $3.3M | $137.0M | ||
| Q2 24 | $5.8M | $163.5M |
股东权益FARMJBGS
| Q1 26 | — | — | ||
| Q4 25 | $35.7M | $1.2B | ||
| Q3 25 | $40.0M | $1.2B | ||
| Q2 25 | $43.5M | $1.3B | ||
| Q1 25 | $37.3M | $1.6B | ||
| Q4 24 | $41.5M | $1.8B | ||
| Q3 24 | $40.9M | $1.9B | ||
| Q2 24 | $45.5M | $2.0B |
总资产FARMJBGS
| Q1 26 | — | $4.3B | ||
| Q4 25 | $151.4M | $4.4B | ||
| Q3 25 | $158.8M | $4.4B | ||
| Q2 25 | $161.2M | $4.5B | ||
| Q1 25 | $163.2M | $4.7B | ||
| Q4 24 | $179.1M | $5.0B | ||
| Q3 24 | $182.0M | $5.2B | ||
| Q2 24 | $185.2M | $5.3B |
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 | $-786.0K | — |
| 自由现金流经营现金流 - 资本支出 | $-2.6M | — |
| 自由现金流率自由现金流/营收 | -2.9% | — |
| 资本支出强度资本支出/营收 | 2.1% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流FARMJBGS
| Q1 26 | — | — | ||
| Q4 25 | $-786.0K | $73.3M | ||
| Q3 25 | $-5.0M | $8.9M | ||
| Q2 25 | $9.7M | $18.8M | ||
| Q1 25 | $1.3M | $12.9M | ||
| Q4 24 | $2.6M | $129.4M | ||
| Q3 24 | $2.5M | $26.4M | ||
| Q2 24 | $-995.0K | $23.8M |
自由现金流FARMJBGS
| Q1 26 | — | — | ||
| Q4 25 | $-2.6M | — | ||
| Q3 25 | $-6.9M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $-684.0K | — | ||
| Q4 24 | $521.0K | — | ||
| Q3 24 | $-837.0K | — | ||
| Q2 24 | — | — |
自由现金流率FARMJBGS
| Q1 26 | — | — | ||
| Q4 25 | -2.9% | — | ||
| Q3 25 | -8.5% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.8% | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | -1.0% | — | ||
| Q2 24 | — | — |
资本支出强度FARMJBGS
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 3.9% | — | ||
| Q2 24 | — | — |
现金转化率FARMJBGS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 12.16× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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
FARM
| Coffee Roasted | $45.5M | 51% |
| Tea Iced Hot | $23.3M | 26% |
| Culinary | $14.1M | 16% |
| Spice | $4.9M | 5% |
| Fuel Surcharge | $1.2M | 1% |
JBGS
| Property rental | $105.9M | 83% |
| Third-party real estate services, including reimbursements | $17.2M | 13% |
| Other revenue | $4.5M | 4% |
