vs
FLOWERS FOODS INC（FLO）与佳明（GRMN）财务数据对比。点击上方公司名可切换其他公司
佳明的季度营收约是FLOWERS FOODS INC的1.7倍（$2.1B vs $1.2B），佳明同比增速更快（16.6% vs -75.8%），过去两年佳明的营收复合增速更高（24.0% vs -11.6%）
花氏食品总部位于美国佐治亚州托马斯维尔，是美国知名的包装烘焙食品生产商与销售商。公司在全美19个州运营44家面包工厂，生产面包、餐包、小食蛋糕、点心、玉米饼等多元化产品，截至2013年2月已成长为美国第二大烘焙企业。
佳明（Garmin）是总部位于美国堪萨斯州奥拉西的跨国科技企业，专注于设计、研发、生产及销售GPS功能产品，以及导航、通讯、传感类信息产品，业务覆盖汽车、航空、航海、户外、运动健身等多个领域。
FLO vs GRMN — 直观对比
营收规模更大
GRMN
是对方的1.7倍
$1.2B
营收增速更快
GRMN
高出92.4%
-75.8%
两年增速更快
GRMN
近两年复合增速
-11.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $2.1B |
| 净利润 | — | $528.7M |
| 毛利率 | — | 59.2% |
| 营业利润率 | — | 28.9% |
| 净利率 | — | 24.9% |
| 营收同比 | -75.8% | 16.6% |
| 净利润同比 | — | 21.3% |
| 每股收益（稀释后） | — | $2.72 |
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FLOGRMN
| Q4 25 | $1.2B | $2.1B | ||
| Q3 25 | $1.2B | $1.8B | ||
| Q2 25 | $1.6B | $1.8B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $1.2B | $1.8B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.6B | $1.5B | ||
| Q1 24 | — | $1.4B |
净利润FLOGRMN
| Q4 25 | $39.5M | $528.7M | ||
| Q3 25 | $58.4M | $401.6M | ||
| Q2 25 | $53.0M | $400.8M | ||
| Q1 25 | — | $332.8M | ||
| Q4 24 | $65.0M | $435.7M | ||
| Q3 24 | $67.0M | $399.1M | ||
| Q2 24 | $73.0M | $300.6M | ||
| Q1 24 | — | $276.0M |
毛利率FLOGRMN
| Q4 25 | — | 59.2% | ||
| Q3 25 | — | 59.1% | ||
| Q2 25 | — | 58.8% | ||
| Q1 25 | — | 57.6% | ||
| Q4 24 | — | 59.3% | ||
| Q3 24 | — | 60.0% | ||
| Q2 24 | — | 57.3% | ||
| Q1 24 | — | 58.1% |
营业利润率FLOGRMN
| Q4 25 | 5.4% | 28.9% | ||
| Q3 25 | 7.5% | 25.8% | ||
| Q2 25 | 5.5% | 26.0% | ||
| Q1 25 | — | 21.7% | ||
| Q4 24 | 7.6% | 28.3% | ||
| Q3 24 | 7.8% | 27.6% | ||
| Q2 24 | 6.4% | 22.7% | ||
| Q1 24 | — | 21.6% |
净利率FLOGRMN
| Q4 25 | 3.2% | 24.9% | ||
| Q3 25 | 4.7% | 22.7% | ||
| Q2 25 | 3.4% | 22.1% | ||
| Q1 25 | — | 21.7% | ||
| Q4 24 | 5.5% | 23.9% | ||
| Q3 24 | 5.5% | 25.2% | ||
| Q2 24 | 4.6% | 20.0% | ||
| Q1 24 | — | 20.0% |
每股收益（稀释后）FLOGRMN
| Q4 25 | $0.19 | $2.72 | ||
| Q3 25 | $0.28 | $2.08 | ||
| Q2 25 | $0.25 | $2.07 | ||
| Q1 25 | — | $1.72 | ||
| Q4 24 | $0.31 | $2.24 | ||
| Q3 24 | $0.32 | $2.07 | ||
| Q2 24 | $0.34 | $1.56 | ||
| Q1 24 | — | $1.43 |
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 | $12.1M | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $9.0B |
| 总资产 | $4.2B | $11.0B |
| 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FLOGRMN
| Q4 25 | $16.7M | $2.3B | ||
| Q3 25 | $11.0M | $2.1B | ||
| Q2 25 | $7.3M | $2.1B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | $15.0M | $2.1B | ||
| Q3 24 | $6.9M | $2.0B | ||
| Q2 24 | $15.8M | $1.9B | ||
| Q1 24 | — | $1.9B |
总债务FLOGRMN
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | — | — |
股东权益FLOGRMN
| Q4 25 | $1.4B | $9.0B | ||
| Q3 25 | $1.4B | $8.5B | ||
| Q2 25 | $1.4B | $8.1B | ||
| Q1 25 | — | $8.2B | ||
| Q4 24 | $1.4B | $7.8B | ||
| Q3 24 | $1.4B | $7.5B | ||
| Q2 24 | $1.4B | $7.0B | ||
| Q1 24 | — | $7.2B |
总资产FLOGRMN
| Q4 25 | $4.3B | $11.0B | ||
| Q3 25 | $4.3B | $10.5B | ||
| Q2 25 | $4.3B | $10.3B | ||
| Q1 25 | — | $9.8B | ||
| Q4 24 | $3.4B | $9.6B | ||
| Q3 24 | $3.4B | $9.3B | ||
| Q2 24 | $3.4B | $8.9B | ||
| Q1 24 | — | $8.6B |
负债/权益比FLOGRMN
| Q4 25 | 1.25× | — | ||
| Q3 25 | 1.23× | — | ||
| Q2 25 | 1.26× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | 0.77× | — | ||
| Q2 24 | 0.76× | — | ||
| Q1 24 | — | — |
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 | $125.4M | $553.8M |
| 自由现金流经营现金流 - 资本支出 | — | $429.6M |
| 自由现金流率自由现金流/营收 | — | 20.2% |
| 资本支出强度资本支出/营收 | — | 5.8% |
| 现金转化率经营现金流/净利润 | — | 1.05× |
| 过去12个月自由现金流最近4个季度 | — | $1.4B |
8季度趋势，按日历期对齐
经营现金流FLOGRMN
| Q4 25 | $54.4M | $553.8M | ||
| Q3 25 | $130.8M | $485.6M | ||
| Q2 25 | $135.6M | $173.2M | ||
| Q1 25 | — | $420.8M | ||
| Q4 24 | $113.9M | $483.9M | ||
| Q3 24 | $63.3M | $258.0M | ||
| Q2 24 | $105.1M | $255.3M | ||
| Q1 24 | — | $435.3M |
自由现金流FLOGRMN
| Q4 25 | $30.4M | $429.6M | ||
| Q3 25 | $100.0M | $425.1M | ||
| Q2 25 | $110.1M | $127.5M | ||
| Q1 25 | — | $380.7M | ||
| Q4 24 | $88.6M | $399.2M | ||
| Q3 24 | $35.4M | $219.4M | ||
| Q2 24 | $71.8M | $218.2M | ||
| Q1 24 | — | $402.1M |
自由现金流率FLOGRMN
| Q4 25 | 2.5% | 20.2% | ||
| Q3 25 | 8.0% | 24.0% | ||
| Q2 25 | 7.1% | 7.0% | ||
| Q1 25 | — | 24.8% | ||
| Q4 24 | 7.4% | 21.9% | ||
| Q3 24 | 2.9% | 13.8% | ||
| Q2 24 | 4.6% | 14.5% | ||
| Q1 24 | — | 29.1% |
资本支出强度FLOGRMN
| Q4 25 | 2.0% | 5.8% | ||
| Q3 25 | 2.5% | 3.4% | ||
| Q2 25 | 1.6% | 2.5% | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | 2.1% | 4.6% | ||
| Q3 24 | 2.3% | 2.4% | ||
| Q2 24 | 2.1% | 2.5% | ||
| Q1 24 | — | 2.4% |
现金转化率FLOGRMN
| Q4 25 | 1.38× | 1.05× | ||
| Q3 25 | 2.24× | 1.21× | ||
| Q2 25 | 2.56× | 0.43× | ||
| Q1 25 | — | 1.26× | ||
| Q4 24 | 1.75× | 1.11× | ||
| Q3 24 | 0.94× | 0.65× | ||
| Q2 24 | 1.44× | 0.85× | ||
| Q1 24 | — | 1.58× |
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
FLO
暂无分部数据
GRMN
| Fitness Segment | $765.8M | 36% |
| Outdoor Segment | $627.6M | 30% |
| Marine Segment | $296.9M | 14% |
| Aviation Segment | $274.2M | 13% |
| Auto Oem Segment | $160.4M | 8% |
