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FARMER BROTHERS CO（FARM）与WD 40 CO（WDFC）财务数据对比。点击上方公司名可切换其他公司
WD 40 CO的季度营收约是FARMER BROTHERS CO的1.7倍（$154.4M vs $88.9M），WD 40 CO净利率更高（11.3% vs -5.5%，领先16.8%），WD 40 CO同比增速更快（0.6% vs -1.2%），WD 40 CO自由现金流更多（$9.1M vs $-2.6M），过去两年WD 40 CO的营收复合增速更高（5.4% vs 2.1%）
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。
WD-40公司是全球知名的消费及工业维护用品生产商，核心产品为同名多功能防锈润滑剂，同时布局清洁剂、除油剂、特殊润滑产品等品类，业务覆盖全球170余个国家和地区，服务零售、工业、汽车后市场等多个领域。
FARM vs WDFC — 直观对比
营收规模更大
WDFC
是对方的1.7倍
$88.9M
营收增速更快
WDFC
高出1.8%
-1.2%
净利率更高
WDFC
高出16.8%
-5.5%
自由现金流更多
WDFC
多$11.7M
$-2.6M
两年增速更快
WDFC
近两年复合增速
2.1%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $88.9M | $154.4M |
| 净利润 | $-4.9M | $17.5M |
| 毛利率 | 36.3% | 56.2% |
| 营业利润率 | -4.7% | 15.1% |
| 净利率 | -5.5% | 11.3% |
| 营收同比 | -1.2% | 0.6% |
| 净利润同比 | -2417.1% | -7.8% |
| 每股收益（稀释后） | $-0.22 | $1.28 |
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FARMWDFC
| Q4 25 | $88.9M | $154.4M | ||
| Q3 25 | $81.6M | $163.5M | ||
| Q2 25 | $85.1M | $156.9M | ||
| Q1 25 | $82.1M | $146.1M | ||
| Q4 24 | $90.0M | $153.5M | ||
| Q3 24 | $85.1M | $156.0M | ||
| Q2 24 | $84.4M | $155.0M | ||
| Q1 24 | $85.4M | $139.1M |
净利润FARMWDFC
| Q4 25 | $-4.9M | $17.5M | ||
| Q3 25 | $-4.0M | $21.2M | ||
| Q2 25 | $-4.7M | $21.0M | ||
| Q1 25 | $-5.0M | $29.9M | ||
| Q4 24 | $210.0K | $18.9M | ||
| Q3 24 | $-5.0M | $16.8M | ||
| Q2 24 | $-4.6M | $19.8M | ||
| Q1 24 | $-682.0K | $15.5M |
毛利率FARMWDFC
| Q4 25 | 36.3% | 56.2% | ||
| Q3 25 | 39.7% | 54.7% | ||
| Q2 25 | 44.9% | 56.2% | ||
| Q1 25 | 42.1% | 54.6% | ||
| Q4 24 | 43.1% | 54.8% | ||
| Q3 24 | 43.9% | 54.1% | ||
| Q2 24 | 38.8% | 53.1% | ||
| Q1 24 | 40.1% | 52.4% |
营业利润率FARMWDFC
| Q4 25 | -4.7% | 15.1% | ||
| Q3 25 | -3.9% | 17.1% | ||
| Q2 25 | 4.6% | 17.4% | ||
| Q1 25 | -4.3% | 15.9% | ||
| Q4 24 | 1.1% | 16.4% | ||
| Q3 24 | -3.3% | 15.4% | ||
| Q2 24 | -4.9% | 17.5% | ||
| Q1 24 | -0.5% | 15.1% |
净利率FARMWDFC
| Q4 25 | -5.5% | 11.3% | ||
| Q3 25 | -4.9% | 13.0% | ||
| Q2 25 | -5.6% | 13.4% | ||
| Q1 25 | -6.1% | 20.4% | ||
| Q4 24 | 0.2% | 12.3% | ||
| Q3 24 | -5.9% | 10.8% | ||
| Q2 24 | -5.4% | 12.8% | ||
| Q1 24 | -0.8% | 11.2% |
每股收益（稀释后）FARMWDFC
| Q4 25 | $-0.22 | $1.28 | ||
| Q3 25 | $-0.19 | $1.57 | ||
| Q2 25 | $-0.22 | $1.54 | ||
| Q1 25 | $-0.23 | $2.19 | ||
| Q4 24 | $0.01 | $1.39 | ||
| Q3 24 | $-0.24 | $1.23 | ||
| Q2 24 | $-0.23 | $1.46 | ||
| Q1 24 | $-0.03 | $1.14 |
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 | $4.2M | $48.6M |
| 总债务越低越好 | — | $85.7M |
| 股东权益账面价值 | $35.7M | $264.1M |
| 总资产 | $151.4M | $459.7M |
| 负债/权益比越低杠杆越低 | — | 0.32× |
8季度趋势，按日历期对齐
现金及短期投资FARMWDFC
| Q4 25 | $4.2M | $48.6M | ||
| Q3 25 | $3.8M | $58.1M | ||
| Q2 25 | $6.8M | $51.7M | ||
| Q1 25 | $4.1M | $53.0M | ||
| Q4 24 | $5.5M | $54.9M | ||
| Q3 24 | $3.3M | $46.7M | ||
| Q2 24 | $5.8M | $45.3M | ||
| Q1 24 | $5.5M | $55.4M |
总债务FARMWDFC
| Q4 25 | — | $85.7M | ||
| Q3 25 | — | $86.2M | ||
| Q2 25 | — | $85.6M | ||
| Q1 25 | — | $84.4M | ||
| Q4 24 | — | $84.6M | ||
| Q3 24 | — | $86.0M | ||
| Q2 24 | — | $85.5M | ||
| Q1 24 | — | $85.9M |
股东权益FARMWDFC
| Q4 25 | $35.7M | $264.1M | ||
| Q3 25 | $40.0M | $268.2M | ||
| Q2 25 | $43.5M | $257.1M | ||
| Q1 25 | $37.3M | $242.1M | ||
| Q4 24 | $41.5M | $226.3M | ||
| Q3 24 | $40.9M | $230.5M | ||
| Q2 24 | $45.5M | $222.2M | ||
| Q1 24 | $43.1M | $216.3M |
总资产FARMWDFC
| Q4 25 | $151.4M | $459.7M | ||
| Q3 25 | $158.8M | $475.8M | ||
| Q2 25 | $161.2M | $456.0M | ||
| Q1 25 | $163.2M | $458.3M | ||
| Q4 24 | $179.1M | $447.3M | ||
| Q3 24 | $182.0M | $449.0M | ||
| Q2 24 | $185.2M | $443.6M | ||
| Q1 24 | $179.1M | $442.0M |
负债/权益比FARMWDFC
| Q4 25 | — | 0.32× | ||
| Q3 25 | — | 0.32× | ||
| Q2 25 | — | 0.33× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 0.37× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.38× | ||
| Q1 24 | — | 0.40× |
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 | $10.0M |
| 自由现金流经营现金流 - 资本支出 | $-2.6M | $9.1M |
| 自由现金流率自由现金流/营收 | -2.9% | 5.9% |
| 资本支出强度资本支出/营收 | 2.1% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 0.57× |
| 过去12个月自由现金流最近4个季度 | — | $78.2M |
8季度趋势，按日历期对齐
经营现金流FARMWDFC
| Q4 25 | $-786.0K | $10.0M | ||
| Q3 25 | $-5.0M | $29.9M | ||
| Q2 25 | $9.7M | $35.1M | ||
| Q1 25 | $1.3M | $8.0M | ||
| Q4 24 | $2.6M | $14.9M | ||
| Q3 24 | $2.5M | $27.2M | ||
| Q2 24 | $-995.0K | $19.9M | ||
| Q1 24 | $-2.3M | $18.0M |
自由现金流FARMWDFC
| Q4 25 | $-2.6M | $9.1M | ||
| Q3 25 | $-6.9M | $28.6M | ||
| Q2 25 | — | $34.0M | ||
| Q1 25 | $-684.0K | $6.6M | ||
| Q4 24 | $521.0K | $14.2M | ||
| Q3 24 | $-837.0K | $26.4M | ||
| Q2 24 | — | $18.7M | ||
| Q1 24 | $-5.7M | $16.7M |
自由现金流率FARMWDFC
| Q4 25 | -2.9% | 5.9% | ||
| Q3 25 | -8.5% | 17.5% | ||
| Q2 25 | — | 21.6% | ||
| Q1 25 | -0.8% | 4.5% | ||
| Q4 24 | 0.6% | 9.3% | ||
| Q3 24 | -1.0% | 16.9% | ||
| Q2 24 | — | 12.0% | ||
| Q1 24 | -6.7% | 12.0% |
资本支出强度FARMWDFC
| Q4 25 | 2.1% | 0.6% | ||
| Q3 25 | 2.4% | 0.8% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | 2.4% | 0.9% | ||
| Q4 24 | 2.3% | 0.5% | ||
| Q3 24 | 3.9% | 0.5% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | 4.0% | 0.9% |
现金转化率FARMWDFC
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | — | 1.67× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | 12.16× | 0.79× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | 1.00× | ||
| Q1 24 | — | 1.16× |
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% |
WDFC
| Other | $82.6M | 53% |
| WD40Multi Use Product | $56.0M | 36% |
| WD40Specialist | $9.0M | 6% |
| Other Maintenance Products | $4.0M | 3% |
| Homecare And Cleaning Products | $2.7M | 2% |
