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Freshpet, Inc.（FRPT）与奥驰亚（MO）财务数据对比。点击上方公司名可切换其他公司
奥驰亚的季度营收约是Freshpet, Inc.的20.5倍（$5.8B vs $285.2M）。奥驰亚净利率更高（19.1% vs 11.9%，领先7.3%）。Freshpet, Inc.同比增速更快（8.6% vs -2.1%）。奥驰亚自由现金流更多（$3.2B vs $2.1M）。过去两年Freshpet, Inc.的营收复合增速更高（12.9% vs 2.4%）
Freshpet, Inc.是一家美国宠物食品企业，主打鲜制猫粮、狗粮产品，相关产品需冷藏保存，目前在纳斯达克上市，股票代码为FRPT。
奥驰亚集团是美国头部烟草企业，通过旗下子公司生产销售可燃烟草与口服类烟草相关产品，核心品牌包括万宝路香烟、Black & Mild雪茄及烟斗烟、哥本哈根、斯库尔等湿无烟烟草，以及on!口服尼古丁袋，产品主要供应批发商、分销商及大型零售客户。
FRPT vs MO — 直观对比
营收规模更大
MO
是对方的20.5倍
$285.2M
营收增速更快
FRPT
高出10.7%
-2.1%
净利率更高
MO
高出7.3%
11.9%
自由现金流更多
MO
多$3.2B
$2.1M
两年增速更快
FRPT
近两年复合增速
2.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $285.2M | $5.8B |
| 净利润 | $33.8M | $1.1B |
| 毛利率 | 43.3% | 62.1% |
| 营业利润率 | 15.6% | 28.2% |
| 净利率 | 11.9% | 19.1% |
| 营收同比 | 8.6% | -2.1% |
| 净利润同比 | 86.6% | -63.2% |
| 每股收益（稀释后） | $0.71 | $0.67 |
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FRPTMO
| Q4 25 | $285.2M | $5.8B | ||
| Q3 25 | $288.8M | $6.1B | ||
| Q2 25 | $264.7M | $6.1B | ||
| Q1 25 | $263.2M | $5.3B | ||
| Q4 24 | $262.7M | $6.0B | ||
| Q3 24 | $253.4M | $6.3B | ||
| Q2 24 | $235.3M | $6.2B | ||
| Q1 24 | $223.8M | $5.6B |
净利润FRPTMO
| Q4 25 | $33.8M | $1.1B | ||
| Q3 25 | $101.7M | $2.4B | ||
| Q2 25 | $16.4M | $2.4B | ||
| Q1 25 | $-12.7M | $1.1B | ||
| Q4 24 | $18.1M | $3.0B | ||
| Q3 24 | $11.9M | $2.3B | ||
| Q2 24 | $-1.7M | $3.8B | ||
| Q1 24 | $18.6M | $2.1B |
毛利率FRPTMO
| Q4 25 | 43.3% | 62.1% | ||
| Q3 25 | 39.5% | 62.8% | ||
| Q2 25 | 40.9% | 63.1% | ||
| Q1 25 | 39.4% | 61.8% | ||
| Q4 24 | 42.5% | 60.3% | ||
| Q3 24 | 40.4% | 60.8% | ||
| Q2 24 | 39.9% | 59.2% | ||
| Q1 24 | 39.4% | 58.8% |
营业利润率FRPTMO
| Q4 25 | 15.6% | 28.2% | ||
| Q3 25 | 8.6% | 53.2% | ||
| Q2 25 | 6.7% | 52.9% | ||
| Q1 25 | -4.4% | 34.0% | ||
| Q4 24 | 7.4% | 48.2% | ||
| Q3 24 | 4.7% | 50.4% | ||
| Q2 24 | -0.7% | 40.8% | ||
| Q1 24 | 3.8% | 48.0% |
净利率FRPTMO
| Q4 25 | 11.9% | 19.1% | ||
| Q3 25 | 35.2% | 39.1% | ||
| Q2 25 | 6.2% | 39.0% | ||
| Q1 25 | -4.8% | 20.5% | ||
| Q4 24 | 6.9% | 50.9% | ||
| Q3 24 | 4.7% | 36.6% | ||
| Q2 24 | -0.7% | 61.2% | ||
| Q1 24 | 8.3% | 38.2% |
每股收益（稀释后）FRPTMO
| Q4 25 | $0.71 | $0.67 | ||
| Q3 25 | $1.86 | $1.41 | ||
| Q2 25 | $0.33 | $1.41 | ||
| Q1 25 | $-0.26 | $0.63 | ||
| Q4 24 | $0.35 | $1.78 | ||
| Q3 24 | $0.24 | $1.34 | ||
| Q2 24 | $-0.03 | $2.21 | ||
| Q1 24 | $0.37 | $1.21 |
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 | $278.0M | $4.5B |
| 总债务越低越好 | — | $25.7B |
| 股东权益账面价值 | $1.2B | $-3.5B |
| 总资产 | $1.8B | $35.0B |
| 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FRPTMO
| Q4 25 | $278.0M | $4.5B | ||
| Q3 25 | $274.6M | $3.5B | ||
| Q2 25 | $243.7M | $1.3B | ||
| Q1 25 | $243.7M | $4.7B | ||
| Q4 24 | $268.6M | $3.1B | ||
| Q3 24 | $274.6M | $1.9B | ||
| Q2 24 | $251.7M | $1.8B | ||
| Q1 24 | $257.9M | $3.6B |
总债务FRPTMO
| Q4 25 | — | $25.7B | ||
| Q3 25 | — | $25.7B | ||
| Q2 25 | — | $24.7B | ||
| Q1 25 | — | $26.1B | ||
| Q4 24 | — | $24.9B | ||
| Q3 24 | — | $25.2B | ||
| Q2 24 | — | $25.0B | ||
| Q1 24 | — | $25.0B |
股东权益FRPTMO
| Q4 25 | $1.2B | $-3.5B | ||
| Q3 25 | $1.2B | $-2.6B | ||
| Q2 25 | $1.1B | $-3.3B | ||
| Q1 25 | $1.0B | $-3.5B | ||
| Q4 24 | $1.1B | $-2.2B | ||
| Q3 24 | $1.0B | $-3.5B | ||
| Q2 24 | $995.8M | $-3.0B | ||
| Q1 24 | $977.8M | $-5.1B |
总资产FRPTMO
| Q4 25 | $1.8B | $35.0B | ||
| Q3 25 | $1.7B | $35.0B | ||
| Q2 25 | $1.6B | $32.3B | ||
| Q1 25 | $1.6B | $35.8B | ||
| Q4 24 | $1.6B | $35.2B | ||
| Q3 24 | $1.5B | $34.2B | ||
| Q2 24 | $1.5B | $34.4B | ||
| Q1 24 | $1.5B | $36.5B |
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 | $55.1M | $3.3B |
| 自由现金流经营现金流 - 资本支出 | $2.1M | $3.2B |
| 自由现金流率自由现金流/营收 | 0.7% | 54.4% |
| 资本支出强度资本支出/营收 | 18.6% | 1.6% |
| 现金转化率经营现金流/净利润 | 1.63× | 2.93× |
| 过去12个月自由现金流最近4个季度 | $12.4M | $9.1B |
8季度趋势，按日历期对齐
经营现金流FRPTMO
| Q4 25 | $55.1M | $3.3B | ||
| Q3 25 | $66.8M | $3.1B | ||
| Q2 25 | $33.9M | $205.0M | ||
| Q1 25 | $4.8M | $2.7B | ||
| Q4 24 | $50.4M | $3.3B | ||
| Q3 24 | $56.1M | $2.6B | ||
| Q2 24 | $42.4M | $-75.0M | ||
| Q1 24 | $5.4M | $2.9B |
自由现金流FRPTMO
| Q4 25 | $2.1M | $3.2B | ||
| Q3 25 | $31.6M | $3.0B | ||
| Q2 25 | $445.0K | $173.0M | ||
| Q1 25 | $-21.7M | $2.7B | ||
| Q4 24 | $-7.9M | $3.3B | ||
| Q3 24 | $22.1M | $2.6B | ||
| Q2 24 | $-5.9M | $-104.0M | ||
| Q1 24 | $-41.1M | $2.8B |
自由现金流率FRPTMO
| Q4 25 | 0.7% | 54.4% | ||
| Q3 25 | 10.9% | 50.1% | ||
| Q2 25 | 0.2% | 2.8% | ||
| Q1 25 | -8.2% | 51.0% | ||
| Q4 24 | -3.0% | 55.1% | ||
| Q3 24 | 8.7% | 41.2% | ||
| Q2 24 | -2.5% | -1.7% | ||
| Q1 24 | -18.3% | 51.0% |
资本支出强度FRPTMO
| Q4 25 | 18.6% | 1.6% | ||
| Q3 25 | 12.2% | 0.9% | ||
| Q2 25 | 12.6% | 0.5% | ||
| Q1 25 | 10.1% | 0.7% | ||
| Q4 24 | 22.2% | 0.8% | ||
| Q3 24 | 13.4% | 0.5% | ||
| Q2 24 | 20.5% | 0.5% | ||
| Q1 24 | 20.8% | 0.6% |
现金转化率FRPTMO
| Q4 25 | 1.63× | 2.93× | ||
| Q3 25 | 0.66× | 1.30× | ||
| Q2 25 | 2.07× | 0.09× | ||
| Q1 25 | — | 2.53× | ||
| Q4 24 | 2.78× | 1.10× | ||
| Q3 24 | 4.72× | 1.14× | ||
| Q2 24 | — | -0.02× | ||
| Q1 24 | 0.29× | 1.35× |
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
FRPT
| Sales Channel Grocery Mass International And Digital | $228.4M | 80% |
| Sales Channel Pet Specialty And Club | $56.8M | 20% |
MO
| Smokeable Products Segment | $5.1B | 88% |
| Oral Tobacco Segment | $706.0M | 12% |
