vs
First Watch Restaurant Group, Inc.（FWRG）与PARK NATIONAL CORP（PRK）财务数据对比。点击上方公司名可切换其他公司
First Watch Restaurant Group, Inc.的季度营收约是PARK NATIONAL CORP的1.9倍（$316.4M vs $168.3M），First Watch Restaurant Group, Inc.同比增速更快（20.2% vs 2.2%），PARK NATIONAL CORP自由现金流更多（$191.9M vs $-18.3M），过去两年First Watch Restaurant Group, Inc.的营收复合增速更高（14.2% vs 4.9%）
该企业原信息存在公司混淆错误，实际First Watch Restaurant Group是美国餐饮集团，主打鲜制早餐、早午餐与午餐，在美国多个州运营自营与特许加盟餐厅，聚焦日间休闲餐饮市场，为消费者提供新鲜健康的美式餐食选择。
国家零售系统公司（NRS）旗下包含基石货运公司与国家零售运输公司，是一家成立于1952年的资产型第三方物流服务商，总部位于美国新泽西州林德赫斯特，为客户提供专业的物流供应链相关解决方案。
FWRG vs PRK — 直观对比
营收规模更大
FWRG
是对方的1.9倍
$168.3M
营收增速更快
FWRG
高出18.0%
2.2%
自由现金流更多
PRK
多$210.3M
$-18.3M
两年增速更快
FWRG
近两年复合增速
4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $316.4M | $168.3M |
| 净利润 | — | $42.6M |
| 毛利率 | — | — |
| 营业利润率 | 2.9% | — |
| 净利率 | — | 25.3% |
| 营收同比 | 20.2% | 2.2% |
| 净利润同比 | — | 10.4% |
| 每股收益（稀释后） | $0.24 | $2.62 |
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FWRGPRK
| Q4 25 | $316.4M | $168.3M | ||
| Q3 25 | $316.0M | $169.5M | ||
| Q2 25 | $307.9M | $168.7M | ||
| Q1 25 | $282.2M | $157.9M | ||
| Q4 24 | $263.3M | $164.7M | ||
| Q3 24 | $251.6M | $170.3M | ||
| Q2 24 | $258.6M | $157.7M | ||
| Q1 24 | $242.4M | $152.8M |
净利润FWRGPRK
| Q4 25 | — | $42.6M | ||
| Q3 25 | $3.0M | $47.2M | ||
| Q2 25 | $2.1M | $48.1M | ||
| Q1 25 | $-829.0K | $42.2M | ||
| Q4 24 | — | $38.6M | ||
| Q3 24 | $2.1M | $38.2M | ||
| Q2 24 | $8.9M | $39.4M | ||
| Q1 24 | $7.2M | $35.2M |
营业利润率FWRGPRK
| Q4 25 | 2.9% | — | ||
| Q3 25 | 3.2% | 34.3% | ||
| Q2 25 | 2.4% | 35.2% | ||
| Q1 25 | 0.4% | 32.4% | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 2.5% | 27.4% | ||
| Q2 24 | 6.4% | 30.6% | ||
| Q1 24 | 5.1% | 27.8% |
净利率FWRGPRK
| Q4 25 | — | 25.3% | ||
| Q3 25 | 0.9% | 27.8% | ||
| Q2 25 | 0.7% | 28.5% | ||
| Q1 25 | -0.3% | 26.7% | ||
| Q4 24 | — | 23.5% | ||
| Q3 24 | 0.8% | 22.4% | ||
| Q2 24 | 3.4% | 25.0% | ||
| Q1 24 | 3.0% | 23.0% |
每股收益（稀释后）FWRGPRK
| Q4 25 | $0.24 | $2.62 | ||
| Q3 25 | $0.05 | $2.92 | ||
| Q2 25 | $0.03 | $2.97 | ||
| Q1 25 | $-0.01 | $2.60 | ||
| Q4 24 | $0.01 | $2.38 | ||
| Q3 24 | $0.03 | $2.35 | ||
| Q2 24 | $0.14 | $2.42 | ||
| Q1 24 | $0.12 | $2.17 |
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 | $21.2M | $233.5M |
| 总债务越低越好 | $269.1M | — |
| 股东权益账面价值 | $626.3M | $1.4B |
| 总资产 | $1.7B | $9.8B |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
现金及短期投资FWRGPRK
| Q4 25 | $21.2M | $233.5M | ||
| Q3 25 | $20.7M | $218.9M | ||
| Q2 25 | $19.2M | $193.1M | ||
| Q1 25 | $18.6M | $237.6M | ||
| Q4 24 | $33.3M | $160.6M | ||
| Q3 24 | $51.1M | $201.7M | ||
| Q2 24 | $45.1M | $261.5M | ||
| Q1 24 | $43.2M | $306.1M |
总债务FWRGPRK
| Q4 25 | $269.1M | — | ||
| Q3 25 | $251.0M | — | ||
| Q2 25 | $250.0M | — | ||
| Q1 25 | $191.5M | — | ||
| Q4 24 | $189.0M | — | ||
| Q3 24 | $189.7M | — | ||
| Q2 24 | $192.1M | — | ||
| Q1 24 | $122.7M | — |
股东权益FWRGPRK
| Q4 25 | $626.3M | $1.4B | ||
| Q3 25 | $607.3M | $1.3B | ||
| Q2 25 | $601.3M | $1.3B | ||
| Q1 25 | $596.3M | $1.3B | ||
| Q4 24 | $595.4M | $1.2B | ||
| Q3 24 | $589.1M | $1.2B | ||
| Q2 24 | $585.8M | $1.2B | ||
| Q1 24 | $574.4M | $1.2B |
总资产FWRGPRK
| Q4 25 | $1.7B | $9.8B | ||
| Q3 25 | $1.7B | $9.9B | ||
| Q2 25 | $1.7B | $9.9B | ||
| Q1 25 | $1.5B | $9.9B | ||
| Q4 24 | $1.5B | $9.8B | ||
| Q3 24 | $1.5B | $9.9B | ||
| Q2 24 | $1.4B | $9.9B | ||
| Q1 24 | $1.3B | $9.9B |
负债/权益比FWRGPRK
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.41× | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | 0.32× | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | 0.32× | — | ||
| Q2 24 | 0.33× | — | ||
| Q1 24 | 0.21× | — |
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 | $18.5M | $198.3M |
| 自由现金流经营现金流 - 资本支出 | $-18.3M | $191.9M |
| 自由现金流率自由现金流/营收 | -5.8% | 114.1% |
| 资本支出强度资本支出/营收 | 11.6% | 3.8% |
| 现金转化率经营现金流/净利润 | — | 4.65× |
| 过去12个月自由现金流最近4个季度 | $-31.0M | $328.2M |
8季度趋势，按日历期对齐
经营现金流FWRGPRK
| Q4 25 | $18.5M | $198.3M | ||
| Q3 25 | $47.9M | $52.6M | ||
| Q2 25 | $39.4M | $49.7M | ||
| Q1 25 | $20.1M | $37.9M | ||
| Q4 24 | $22.9M | $178.8M | ||
| Q3 24 | $35.9M | $43.8M | ||
| Q2 24 | $31.9M | $50.9M | ||
| Q1 24 | $25.0M | $35.0M |
自由现金流FWRGPRK
| Q4 25 | $-18.3M | $191.9M | ||
| Q3 25 | $5.5M | $51.1M | ||
| Q2 25 | $-1.7M | $48.4M | ||
| Q1 25 | $-16.4M | $36.8M | ||
| Q4 24 | $-17.7M | $169.7M | ||
| Q3 24 | $6.8M | $41.7M | ||
| Q2 24 | $2.3M | $49.0M | ||
| Q1 24 | $-3.6M | $31.9M |
自由现金流率FWRGPRK
| Q4 25 | -5.8% | 114.1% | ||
| Q3 25 | 1.7% | 30.1% | ||
| Q2 25 | -0.5% | 28.7% | ||
| Q1 25 | -5.8% | 23.3% | ||
| Q4 24 | -6.7% | 103.0% | ||
| Q3 24 | 2.7% | 24.5% | ||
| Q2 24 | 0.9% | 31.1% | ||
| Q1 24 | -1.5% | 20.8% |
资本支出强度FWRGPRK
| Q4 25 | 11.6% | 3.8% | ||
| Q3 25 | 13.4% | 0.9% | ||
| Q2 25 | 13.4% | 0.8% | ||
| Q1 25 | 13.0% | 0.7% | ||
| Q4 24 | 15.4% | 5.6% | ||
| Q3 24 | 11.6% | 1.2% | ||
| Q2 24 | 11.5% | 1.2% | ||
| Q1 24 | 11.8% | 2.1% |
现金转化率FWRGPRK
| Q4 25 | — | 4.65× | ||
| Q3 25 | 16.01× | 1.11× | ||
| Q2 25 | 18.72× | 1.03× | ||
| Q1 25 | — | 0.90× | ||
| Q4 24 | — | 4.63× | ||
| Q3 24 | 16.98× | 1.14× | ||
| Q2 24 | 3.59× | 1.29× | ||
| Q1 24 | 3.46× | 0.99× |
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
FWRG
| In Restaurant Dining Sales | $254.1M | 80% |
| Third Party Delivery Sales | $38.6M | 12% |
| Take Out Sales | $21.3M | 7% |
| Royalty And System Fund Contributions | $2.3M | 1% |
PRK
暂无分部数据
