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伟创力（FLEX）与PILGRIMS PRIDE CORP（PPC）财务数据对比。点击上方公司名可切换其他公司
伟创力的季度营收约是PILGRIMS PRIDE CORP的1.6倍（$7.1B vs $4.5B），伟创力净利率更高（3.4% vs 1.9%，领先1.4%），伟创力同比增速更快（7.7% vs 3.3%），伟创力自由现金流更多（$272.0M vs $10.0M），过去两年伟创力的营收复合增速更高（25.2% vs 1.8%）
伟创力（Flex Ltd.）是一家拥有新加坡与美国背景的跨国制造企业，按营收计算为全球第三大电子制造服务（EMS）及原始设计制造商（ODM），仅次于和硕。其美国总部位于得克萨斯州奥斯汀，在30多个国家设有生产基地，员工总数约17.2万人。
Pilgrim's Pride是美国跨国食品企业，为美国及波多黎各最大的鸡肉生产商之一，同时是墨西哥第二大鸡肉生产商。公司2009年12月脱离破产状态，2011年将美国总部迁至科罗拉多州格里利，由JBS集团控股，2016年11月底以3.5亿美元收购Gold'n Plump。
FLEX vs PPC — 直观对比
营收规模更大
FLEX
是对方的1.6倍
$4.5B
营收增速更快
FLEX
高出4.3%
3.3%
净利率更高
FLEX
高出1.4%
1.9%
自由现金流更多
FLEX
多$262.0M
$10.0M
两年增速更快
FLEX
近两年复合增速
1.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $7.1B | $4.5B |
| 净利润 | $239.0M | $88.0M |
| 毛利率 | 9.6% | 9.5% |
| 营业利润率 | 5.5% | 4.5% |
| 净利率 | 3.4% | 1.9% |
| 营收同比 | 7.7% | 3.3% |
| 净利润同比 | -9.1% | -62.7% |
| 每股收益（稀释后） | $0.64 | $0.37 |
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FLEXPPC
| Q4 25 | $7.1B | $4.5B | ||
| Q3 25 | $6.8B | $4.8B | ||
| Q2 25 | $6.6B | $4.8B | ||
| Q1 25 | $6.4B | $4.5B | ||
| Q4 24 | $6.6B | $4.4B | ||
| Q3 24 | $6.5B | $4.6B | ||
| Q2 24 | $6.3B | $4.6B | ||
| Q1 24 | $4.5B | $4.4B |
净利润FLEXPPC
| Q4 25 | $239.0M | $88.0M | ||
| Q3 25 | $199.0M | $342.8M | ||
| Q2 25 | $192.0M | $355.5M | ||
| Q1 25 | $222.0M | $296.0M | ||
| Q4 24 | $263.0M | $235.9M | ||
| Q3 24 | $214.0M | $349.9M | ||
| Q2 24 | $139.0M | $326.3M | ||
| Q1 24 | $395.0M | $174.4M |
毛利率FLEXPPC
| Q4 25 | 9.6% | 9.5% | ||
| Q3 25 | 9.0% | 13.9% | ||
| Q2 25 | 8.7% | 15.0% | ||
| Q1 25 | 8.8% | 12.4% | ||
| Q4 24 | 9.1% | 12.7% | ||
| Q3 24 | 8.1% | 14.9% | ||
| Q2 24 | 7.5% | 15.2% | ||
| Q1 24 | -0.6% | 8.8% |
营业利润率FLEXPPC
| Q4 25 | 5.5% | 4.5% | ||
| Q3 25 | 4.4% | 10.4% | ||
| Q2 25 | 4.7% | 10.8% | ||
| Q1 25 | 4.8% | 9.1% | ||
| Q4 24 | 5.1% | 7.0% | ||
| Q3 24 | 4.5% | 11.1% | ||
| Q2 24 | 3.7% | 9.7% | ||
| Q1 24 | -3.6% | 5.7% |
净利率FLEXPPC
| Q4 25 | 3.4% | 1.9% | ||
| Q3 25 | 2.9% | 7.2% | ||
| Q2 25 | 2.9% | 7.5% | ||
| Q1 25 | 3.5% | 6.6% | ||
| Q4 24 | 4.0% | 5.4% | ||
| Q3 24 | 3.3% | 7.6% | ||
| Q2 24 | 2.2% | 7.2% | ||
| Q1 24 | 8.8% | 4.0% |
每股收益（稀释后）FLEXPPC
| Q4 25 | $0.64 | $0.37 | ||
| Q3 25 | $0.52 | $1.44 | ||
| Q2 25 | $0.50 | $1.49 | ||
| Q1 25 | $0.56 | $1.24 | ||
| Q4 24 | $0.67 | $1.00 | ||
| Q3 24 | $0.54 | $1.47 | ||
| Q2 24 | $0.34 | $1.37 | ||
| Q1 24 | $0.91 | $0.73 |
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 | $3.1B | $640.2M |
| 总债务越低越好 | $4.4B | $3.1B |
| 股东权益账面价值 | $5.1B | $3.7B |
| 总资产 | $20.8B | $10.3B |
| 负债/权益比越低杠杆越低 | 0.87× | 0.84× |
8季度趋势，按日历期对齐
现金及短期投资FLEXPPC
| Q4 25 | $3.1B | $640.2M | ||
| Q3 25 | $2.2B | $612.6M | ||
| Q2 25 | $2.2B | $849.0M | ||
| Q1 25 | $2.3B | $2.1B | ||
| Q4 24 | $2.3B | $2.0B | ||
| Q3 24 | $2.6B | $1.9B | ||
| Q2 24 | $2.2B | $1.3B | ||
| Q1 24 | $2.5B | $870.8M |
总债务FLEXPPC
| Q4 25 | $4.4B | $3.1B | ||
| Q3 25 | $3.7B | $3.1B | ||
| Q2 25 | $3.7B | $3.1B | ||
| Q1 25 | $3.7B | $3.2B | ||
| Q4 24 | $3.7B | $3.2B | ||
| Q3 24 | $3.7B | $3.2B | ||
| Q2 24 | $3.2B | $3.2B | ||
| Q1 24 | $3.3B | $3.3B |
股东权益FLEXPPC
| Q4 25 | $5.1B | $3.7B | ||
| Q3 25 | $5.0B | $3.5B | ||
| Q2 25 | $5.1B | $3.7B | ||
| Q1 25 | $5.0B | $3.1B | ||
| Q4 24 | $5.0B | $4.2B | ||
| Q3 24 | $5.0B | $4.2B | ||
| Q2 24 | $5.0B | $3.7B | ||
| Q1 24 | $5.3B | $3.5B |
总资产FLEXPPC
| Q4 25 | $20.8B | $10.3B | ||
| Q3 25 | $19.5B | $10.0B | ||
| Q2 25 | $19.1B | $10.1B | ||
| Q1 25 | $18.4B | $11.0B | ||
| Q4 24 | $18.3B | $10.7B | ||
| Q3 24 | $18.6B | $10.7B | ||
| Q2 24 | $17.7B | $10.1B | ||
| Q1 24 | $18.3B | $9.8B |
负债/权益比FLEXPPC
| Q4 25 | 0.87× | 0.84× | ||
| Q3 25 | 0.73× | 0.87× | ||
| Q2 25 | 0.72× | 0.83× | ||
| Q1 25 | 0.74× | 1.02× | ||
| Q4 24 | 0.74× | 0.76× | ||
| Q3 24 | 0.74× | 0.76× | ||
| Q2 24 | 0.64× | 0.85× | ||
| Q1 24 | 0.61× | 0.96× |
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 | $420.0M | $291.2M |
| 自由现金流经营现金流 - 资本支出 | $272.0M | $10.0M |
| 自由现金流率自由现金流/营收 | 3.9% | 0.2% |
| 资本支出强度资本支出/营收 | 2.1% | 6.2% |
| 现金转化率经营现金流/净利润 | 1.76× | 3.31× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $653.1M |
8季度趋势，按日历期对齐
经营现金流FLEXPPC
| Q4 25 | $420.0M | $291.2M | ||
| Q3 25 | $453.0M | $458.3M | ||
| Q2 25 | $399.0M | $495.2M | ||
| Q1 25 | $433.0M | $126.9M | ||
| Q4 24 | $413.0M | $349.3M | ||
| Q3 24 | $319.0M | $651.1M | ||
| Q2 24 | $340.0M | $718.6M | ||
| Q1 24 | $679.0M | $271.0M |
自由现金流FLEXPPC
| Q4 25 | $272.0M | $10.0M | ||
| Q3 25 | $303.0M | $275.9M | ||
| Q2 25 | $266.0M | $339.1M | ||
| Q1 25 | $321.0M | $28.1M | ||
| Q4 24 | $301.0M | $176.6M | ||
| Q3 24 | $216.0M | $565.3M | ||
| Q2 24 | $229.0M | $617.7M | ||
| Q1 24 | $598.0M | $171.9M |
自由现金流率FLEXPPC
| Q4 25 | 3.9% | 0.2% | ||
| Q3 25 | 4.5% | 5.8% | ||
| Q2 25 | 4.0% | 7.1% | ||
| Q1 25 | 5.0% | 0.6% | ||
| Q4 24 | 4.6% | 4.0% | ||
| Q3 24 | 3.3% | 12.3% | ||
| Q2 24 | 3.6% | 13.5% | ||
| Q1 24 | 13.3% | 3.9% |
资本支出强度FLEXPPC
| Q4 25 | 2.1% | 6.2% | ||
| Q3 25 | 2.2% | 3.8% | ||
| Q2 25 | 2.0% | 3.3% | ||
| Q1 25 | 1.8% | 2.2% | ||
| Q4 24 | 1.7% | 4.0% | ||
| Q3 24 | 1.6% | 1.9% | ||
| Q2 24 | 1.8% | 2.2% | ||
| Q1 24 | 1.8% | 2.3% |
现金转化率FLEXPPC
| Q4 25 | 1.76× | 3.31× | ||
| Q3 25 | 2.28× | 1.34× | ||
| Q2 25 | 2.08× | 1.39× | ||
| Q1 25 | 1.95× | 0.43× | ||
| Q4 24 | 1.57× | 1.48× | ||
| Q3 24 | 1.49× | 1.86× | ||
| Q2 24 | 2.45× | 2.20× | ||
| Q1 24 | 1.72× | 1.55× |
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
FLEX
| Flex Reliability Solutions FRS | $3.2B | 46% |
| Transferred At Point In Time | $2.7B | 38% |
| Transferred Over Time | $1.1B | 16% |
PPC
| Retail | $1.5B | 33% |
| Europe Reportable Segment | $1.4B | 31% |
| Food Service | $889.2M | 20% |
| Prepared Product | $332.8M | 7% |
| Product Export | $122.7M | 3% |
| Other Sales Channel | $96.0M | 2% |
| Other Product And Service | $79.7M | 2% |
| Related Party | $21.7M | 0% |
| Seara Meats B.V. | $18.9M | 0% |
| Penasul UKLTD | $10.3M | 0% |
| JBSUSA Food Company | $5.4M | 0% |
