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Fat Brands, Inc（FAT）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
STURM RUGER & CO INC的季度营收约是Fat Brands, Inc的1.1倍（$151.1M vs $140.0M），STURM RUGER & CO INC同比增速更快（3.6% vs -2.3%），STURM RUGER & CO INC自由现金流更多（$12.3M vs $-16.9M），过去两年STURM RUGER & CO INC的营收复合增速更高（5.1% vs -6.1%）
FAT Brands是来自美国的多品牌餐饮与体育酒吧连锁运营商，总部位于加利福尼亚州比弗利山庄，主要开展餐饮品牌的连锁加盟运营业务，旗下涵盖多个餐饮及休闲体育酒吧品牌。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
FAT vs RGR — 直观对比
营收规模更大
RGR
是对方的1.1倍
$140.0M
营收增速更快
RGR
高出6.0%
-2.3%
自由现金流更多
RGR
多$29.2M
$-16.9M
两年增速更快
RGR
近两年复合增速
-6.1%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $140.0M | $151.1M |
| 净利润 | $-58.2M | — |
| 毛利率 | — | 17.8% |
| 营业利润率 | -12.4% | 2.3% |
| 净利率 | -41.6% | — |
| 营收同比 | -2.3% | 3.6% |
| 净利润同比 | -30.1% | — |
| 每股收益（稀释后） | $-3.39 | $0.22 |
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FATRGR
| Q4 25 | — | $151.1M | ||
| Q3 25 | $140.0M | $126.8M | ||
| Q2 25 | $146.8M | $132.5M | ||
| Q1 25 | $142.0M | $135.7M | ||
| Q4 24 | $145.3M | $145.8M | ||
| Q3 24 | $143.4M | $122.3M | ||
| Q2 24 | $152.0M | $130.8M | ||
| Q1 24 | $152.0M | $136.8M |
净利润FATRGR
| Q4 25 | — | — | ||
| Q3 25 | $-58.2M | $1.6M | ||
| Q2 25 | $-54.2M | $-17.2M | ||
| Q1 25 | $-46.0M | $7.8M | ||
| Q4 24 | $-67.4M | — | ||
| Q3 24 | $-44.8M | $4.7M | ||
| Q2 24 | $-39.4M | $8.3M | ||
| Q1 24 | $-38.3M | $7.1M |
毛利率FATRGR
| Q4 25 | — | 17.8% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 22.8% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 22.3% | ||
| Q1 24 | — | 21.5% |
营业利润率FATRGR
| Q4 25 | — | 2.3% | ||
| Q3 25 | -12.4% | -2.7% | ||
| Q2 25 | -10.6% | -15.6% | ||
| Q1 25 | -6.0% | 6.2% | ||
| Q4 24 | -27.1% | 7.8% | ||
| Q3 24 | -6.2% | 3.1% | ||
| Q2 24 | -1.8% | 6.9% | ||
| Q1 24 | -0.9% | 5.5% |
净利率FATRGR
| Q4 25 | — | — | ||
| Q3 25 | -41.6% | 1.2% | ||
| Q2 25 | -36.9% | -13.0% | ||
| Q1 25 | -32.4% | 5.7% | ||
| Q4 24 | -46.4% | — | ||
| Q3 24 | -31.2% | 3.9% | ||
| Q2 24 | -25.9% | 6.3% | ||
| Q1 24 | -25.2% | 5.2% |
每股收益（稀释后）FATRGR
| Q4 25 | — | $0.22 | ||
| Q3 25 | $-3.39 | $0.10 | ||
| Q2 25 | $-3.17 | $-1.05 | ||
| Q1 25 | $-2.73 | $0.46 | ||
| Q4 24 | $-4.06 | $0.62 | ||
| Q3 24 | $-2.74 | $0.28 | ||
| Q2 24 | $-2.43 | $0.47 | ||
| Q1 24 | $-2.37 | $0.40 |
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 | — | $92.5M |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $-585.8M | $283.8M |
| 总资产 | $1.2B | $342.0M |
| 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FATRGR
| Q4 25 | — | $92.5M | ||
| Q3 25 | — | $80.8M | ||
| Q2 25 | — | $101.4M | ||
| Q1 25 | — | $108.3M | ||
| Q4 24 | — | $105.5M | ||
| Q3 24 | — | $96.0M | ||
| Q2 24 | — | $105.6M | ||
| Q1 24 | — | $115.3M |
总债务FATRGR
| Q4 25 | — | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
股东权益FATRGR
| Q4 25 | — | $283.8M | ||
| Q3 25 | $-585.8M | $279.6M | ||
| Q2 25 | $-536.5M | $289.3M | ||
| Q1 25 | $-493.9M | $321.5M | ||
| Q4 24 | $-455.7M | $319.6M | ||
| Q3 24 | $-386.1M | $314.9M | ||
| Q2 24 | $-338.6M | $321.5M | ||
| Q1 24 | $-296.8M | $332.0M |
总资产FATRGR
| Q4 25 | — | $342.0M | ||
| Q3 25 | $1.2B | $342.3M | ||
| Q2 25 | $1.2B | $349.5M | ||
| Q1 25 | $1.3B | $379.0M | ||
| Q4 24 | $1.3B | $384.0M | ||
| Q3 24 | $1.3B | $373.5M | ||
| Q2 24 | $1.4B | $376.7M | ||
| Q1 24 | $1.4B | $385.0M |
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 | $-14.5M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $-16.9M | $12.3M |
| 自由现金流率自由现金流/营收 | -12.1% | 8.2% |
| 资本支出强度资本支出/营收 | 1.7% | 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 | $-75.0M | $38.5M |
8季度趋势，按日历期对齐
经营现金流FATRGR
| Q4 25 | — | $15.5M | ||
| Q3 25 | $-14.5M | $12.9M | ||
| Q2 25 | $-26.9M | $14.7M | ||
| Q1 25 | $-13.2M | $11.1M | ||
| Q4 24 | $-10.4M | $20.0M | ||
| Q3 24 | $-3.2M | $9.4M | ||
| Q2 24 | $-14.2M | $18.7M | ||
| Q1 24 | $-28.4M | $7.3M |
自由现金流FATRGR
| Q4 25 | — | $12.3M | ||
| Q3 25 | $-16.9M | $7.0M | ||
| Q2 25 | $-29.3M | $9.1M | ||
| Q1 25 | $-17.8M | $10.0M | ||
| Q4 24 | $-11.0M | $16.4M | ||
| Q3 24 | $-11.1M | $2.6M | ||
| Q2 24 | $-24.4M | $10.1M | ||
| Q1 24 | $-32.5M | $5.6M |
自由现金流率FATRGR
| Q4 25 | — | 8.2% | ||
| Q3 25 | -12.1% | 5.5% | ||
| Q2 25 | -20.0% | 6.9% | ||
| Q1 25 | -12.5% | 7.4% | ||
| Q4 24 | -7.6% | 11.2% | ||
| Q3 24 | -7.7% | 2.1% | ||
| Q2 24 | -16.1% | 7.7% | ||
| Q1 24 | -21.4% | 4.1% |
资本支出强度FATRGR
| Q4 25 | — | 2.1% | ||
| Q3 25 | 1.7% | 4.6% | ||
| Q2 25 | 1.6% | 4.2% | ||
| Q1 25 | 3.2% | 0.8% | ||
| Q4 24 | 0.4% | 2.5% | ||
| Q3 24 | 5.5% | 5.5% | ||
| Q2 24 | 6.7% | 6.6% | ||
| Q1 24 | 2.7% | 1.3% |
现金转化率FATRGR
| Q4 25 | — | — | ||
| Q3 25 | — | 8.15× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | — | 1.04× |
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
FAT
| Restaurant Sales | $96.6M | 69% |
| Royalty | $21.6M | 15% |
| Factory | $9.6M | 7% |
| Advertising | $9.1M | 7% |
| Franchisor | $1.5M | 1% |
| Other | $1.5M | 1% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
