vs
FactSet（FDS）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
FactSet的季度营收约是BOSTON BEER CO INC的1.3倍（$607.6M vs $461.6M），FactSet同比增速更快（6.9% vs -4.1%），过去两年FactSet的营收复合增速更高（5.5% vs -10.7%）
FactSet是总部位于美国康涅狄格州诺沃克的金融数据与软件企业，为客户提供一体化数据及软件解决方案。2024财年，公司年度订阅价值与专业服务营收合计22亿美元，当前总市值约170亿美元。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
FDS vs SAM — 直观对比
营收规模更大
FDS
是对方的1.3倍
$461.6M
营收增速更快
FDS
高出11.0%
-4.1%
两年增速更快
FDS
近两年复合增速
-10.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $607.6M | $461.6M |
| 净利润 | $152.6M | — |
| 毛利率 | 52.6% | 46.4% |
| 营业利润率 | 31.6% | 12.4% |
| 净利率 | 25.1% | — |
| 营收同比 | 6.9% | -4.1% |
| 净利润同比 | 1.7% | — |
| 每股收益（稀释后） | $4.06 | $2.16 |
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FDSSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $607.6M | $385.7M | ||
| Q3 25 | $596.9M | $537.5M | ||
| Q2 25 | $585.5M | $587.9M | ||
| Q1 25 | $570.7M | $453.9M | ||
| Q4 24 | $568.7M | $402.3M | ||
| Q3 24 | $562.2M | $605.5M | ||
| Q2 24 | $552.7M | $579.1M |
净利润FDSSAM
| Q1 26 | — | — | ||
| Q4 25 | $152.6M | $-22.5M | ||
| Q3 25 | $153.6M | $46.2M | ||
| Q2 25 | $148.5M | $60.4M | ||
| Q1 25 | $144.9M | $24.4M | ||
| Q4 24 | $150.0M | $-38.8M | ||
| Q3 24 | $89.5M | $33.5M | ||
| Q2 24 | $158.1M | $52.3M |
毛利率FDSSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | 52.6% | 43.5% | ||
| Q3 25 | 51.6% | 50.8% | ||
| Q2 25 | 52.1% | 49.8% | ||
| Q1 25 | 52.8% | 48.3% | ||
| Q4 24 | 54.5% | 39.9% | ||
| Q3 24 | 54.1% | 46.3% | ||
| Q2 24 | 55.3% | 46.0% |
营业利润率FDSSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | 31.6% | -8.6% | ||
| Q3 25 | 29.7% | 11.5% | ||
| Q2 25 | 33.2% | 14.0% | ||
| Q1 25 | 32.5% | 7.4% | ||
| Q4 24 | 33.6% | -13.9% | ||
| Q3 24 | 22.7% | 7.6% | ||
| Q2 24 | 36.6% | 12.2% |
净利率FDSSAM
| Q1 26 | — | — | ||
| Q4 25 | 25.1% | -5.8% | ||
| Q3 25 | 25.7% | 8.6% | ||
| Q2 25 | 25.4% | 10.3% | ||
| Q1 25 | 25.4% | 5.4% | ||
| Q4 24 | 26.4% | -9.6% | ||
| Q3 24 | 15.9% | 5.5% | ||
| Q2 24 | 28.6% | 9.0% |
每股收益（稀释后）FDSSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | $4.06 | $-1.97 | ||
| Q3 25 | $4.03 | $4.25 | ||
| Q2 25 | $3.87 | $5.45 | ||
| Q1 25 | $3.76 | $2.16 | ||
| Q4 24 | $3.89 | $-3.23 | ||
| Q3 24 | $2.33 | $2.86 | ||
| Q2 24 | $4.09 | $4.39 |
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 | $292.7M | $164.1M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $2.2B | $682.6M |
| 总资产 | $4.2B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.63× | — |
8季度趋势，按日历期对齐
现金及短期投资FDSSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | $292.7M | $223.4M | ||
| Q3 25 | $355.1M | $250.5M | ||
| Q2 25 | $364.0M | $212.4M | ||
| Q1 25 | $287.0M | $152.5M | ||
| Q4 24 | $358.8M | $211.8M | ||
| Q3 24 | $492.6M | $255.6M | ||
| Q2 24 | $522.0M | $219.3M |
总债务FDSSAM
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — |
股东权益FDSSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $2.2B | $846.3M | ||
| Q3 25 | $2.2B | $911.0M | ||
| Q2 25 | $2.2B | $912.3M | ||
| Q1 25 | $2.1B | $897.0M | ||
| Q4 24 | $2.0B | $916.2M | ||
| Q3 24 | $1.9B | $1.0B | ||
| Q2 24 | $1.9B | $1.0B |
总资产FDSSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $4.2B | $1.2B | ||
| Q3 25 | $4.3B | $1.2B | ||
| Q2 25 | $4.3B | $1.3B | ||
| Q1 25 | $4.2B | $1.2B | ||
| Q4 24 | $4.0B | $1.3B | ||
| Q3 24 | $4.1B | $1.4B | ||
| Q2 24 | $4.0B | $1.4B |
负债/权益比FDSSAM
| Q1 26 | — | — | ||
| Q4 25 | 0.63× | — | ||
| Q3 25 | 0.63× | — | ||
| Q2 25 | 0.66× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.71× | — | ||
| Q2 24 | 0.76× | — |
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 | $121.3M | — |
| 自由现金流经营现金流 - 资本支出 | $90.4M | — |
| 自由现金流率自由现金流/营收 | 14.9% | — |
| 资本支出强度资本支出/营收 | 5.1% | — |
| 现金转化率经营现金流/净利润 | 0.79× | — |
| 过去12个月自由现金流最近4个季度 | $647.4M | — |
8季度趋势，按日历期对齐
经营现金流FDSSAM
| Q1 26 | — | — | ||
| Q4 25 | $121.3M | $39.9M | ||
| Q3 25 | $212.1M | $101.8M | ||
| Q2 25 | $253.8M | $126.5M | ||
| Q1 25 | $174.0M | $1.9M | ||
| Q4 24 | $86.4M | $41.9M | ||
| Q3 24 | $163.2M | $115.9M | ||
| Q2 24 | $238.2M | $96.0M |
自由现金流FDSSAM
| Q1 26 | — | — | ||
| Q4 25 | $90.4M | $22.1M | ||
| Q3 25 | $178.1M | $89.2M | ||
| Q2 25 | $228.6M | $112.2M | ||
| Q1 25 | $150.2M | $-8.0M | ||
| Q4 24 | $60.5M | $18.4M | ||
| Q3 24 | $137.2M | $99.2M | ||
| Q2 24 | $216.9M | $75.6M |
自由现金流率FDSSAM
| Q1 26 | — | — | ||
| Q4 25 | 14.9% | 5.7% | ||
| Q3 25 | 29.8% | 16.6% | ||
| Q2 25 | 39.0% | 19.1% | ||
| Q1 25 | 26.3% | -1.8% | ||
| Q4 24 | 10.6% | 4.6% | ||
| Q3 24 | 24.4% | 16.4% | ||
| Q2 24 | 39.2% | 13.1% |
资本支出强度FDSSAM
| Q1 26 | — | — | ||
| Q4 25 | 5.1% | 4.6% | ||
| Q3 25 | 5.7% | 2.3% | ||
| Q2 25 | 4.3% | 2.4% | ||
| Q1 25 | 4.2% | 2.2% | ||
| Q4 24 | 4.5% | 5.8% | ||
| Q3 24 | 4.6% | 2.8% | ||
| Q2 24 | 3.9% | 3.5% |
现金转化率FDSSAM
| Q1 26 | — | — | ||
| Q4 25 | 0.79× | — | ||
| Q3 25 | 1.38× | 2.21× | ||
| Q2 25 | 1.71× | 2.09× | ||
| Q1 25 | 1.20× | 0.08× | ||
| Q4 24 | 0.58× | — | ||
| Q3 24 | 1.82× | 3.46× | ||
| Q2 24 | 1.51× | 1.83× |
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
FDS
| Americas Segment | $399.7M | 66% |
| EMEA Segment | $149.1M | 25% |
| Asia Pacific Segment | $62.2M | 10% |
SAM
暂无分部数据
