vs
Grocery Outlet Holding Corp.（GO）与Sprouts Farmers Market, Inc.（SFM）财务数据对比。点击上方公司名可切换其他公司
Sprouts Farmers Market, Inc.的季度营收约是Grocery Outlet Holding Corp.的1.8倍（$2.1B vs $1.2B）。Sprouts Farmers Market, Inc.净利率更高（4.2% vs 1.0%，领先3.2%）。Sprouts Farmers Market, Inc.同比增速更快（7.6% vs 5.4%）。Sprouts Farmers Market, Inc.自由现金流更多（$66.3M vs $-21.6M）。过去两年Grocery Outlet Holding Corp.的营收复合增速更高（8.6% vs 6.8%）
Grocery Outlet Holding Corp.是美国知名的折扣清仓零售企业，旗下所有门店均为超市，主打销售品牌厂商及自有品牌供应商的库存积压与清仓商品，价格优惠。目前该公司的门店已分布在美国加利福尼亚、俄勒冈、华盛顿、爱达荷等十余州。
Sprouts Farmers Market是总部位于美国亚利桑那州凤凰城的连锁超市品牌，主营天然有机食品，涵盖新鲜果蔬、散装食品、包装杂货、肉禽海鲜、熟食烘焙、乳制品、冷冻食品等品类，同时售有维生素补剂、天然个护及家居用品，目前在全美24个州开设超400家门店，员工约3.5万名。
GO vs SFM — 直观对比
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $2.1B |
| 净利润 | $11.6M | $89.8M |
| 毛利率 | 30.4% | 38.0% |
| 营业利润率 | 2.0% | 5.7% |
| 净利率 | 1.0% | 4.2% |
| 营收同比 | 5.4% | 7.6% |
| 净利润同比 | -52.0% | 12.8% |
| 每股收益（稀释后） | $0.12 | $0.93 |
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
| Q4 25 | — | $2.1B | ||
| Q3 25 | $1.2B | $2.2B | ||
| Q2 25 | $1.2B | $2.2B | ||
| Q1 25 | $1.1B | $2.2B | ||
| Q4 24 | $1.1B | $2.0B | ||
| Q3 24 | $1.1B | $1.9B | ||
| Q2 24 | $1.1B | $1.9B | ||
| Q1 24 | $1.0B | $1.9B |
| Q4 25 | — | $89.8M | ||
| Q3 25 | $11.6M | $120.1M | ||
| Q2 25 | $5.0M | $133.7M | ||
| Q1 25 | $-23.3M | $180.0M | ||
| Q4 24 | $2.3M | $79.6M | ||
| Q3 24 | $24.2M | $91.6M | ||
| Q2 24 | $14.0M | $95.3M | ||
| Q1 24 | $-1.0M | $114.1M |
| Q4 25 | — | 38.0% | ||
| Q3 25 | 30.4% | 38.7% | ||
| Q2 25 | 30.6% | 38.8% | ||
| Q1 25 | 30.4% | 39.6% | ||
| Q4 24 | 29.5% | 38.1% | ||
| Q3 24 | 31.1% | 38.1% | ||
| Q2 24 | 30.9% | 37.9% | ||
| Q1 24 | 29.3% | 38.3% |
| Q4 25 | — | 5.7% | ||
| Q3 25 | 2.0% | 7.2% | ||
| Q2 25 | 1.1% | 8.1% | ||
| Q1 25 | -2.0% | 10.1% | ||
| Q4 24 | 1.0% | 5.3% | ||
| Q3 24 | 3.6% | 6.3% | ||
| Q2 24 | 2.3% | 6.7% | ||
| Q1 24 | 0.1% | 7.9% |
| Q4 25 | — | 4.2% | ||
| Q3 25 | 1.0% | 5.5% | ||
| Q2 25 | 0.4% | 6.0% | ||
| Q1 25 | -2.1% | 8.0% | ||
| Q4 24 | 0.2% | 4.0% | ||
| Q3 24 | 2.2% | 4.7% | ||
| Q2 24 | 1.2% | 5.0% | ||
| Q1 24 | -0.1% | 6.1% |
| Q4 25 | — | $0.93 | ||
| Q3 25 | $0.12 | $1.22 | ||
| Q2 25 | $0.05 | $1.35 | ||
| Q1 25 | $-0.24 | $1.81 | ||
| Q4 24 | $0.03 | $0.78 | ||
| Q3 24 | $0.24 | $0.91 | ||
| Q2 24 | $0.14 | $0.94 | ||
| Q1 24 | $-0.01 | $1.12 |
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 | $52.1M | $257.3M |
| 总债务越低越好 | $500.3M | — |
| 股东权益账面价值 | $1.2B | $1.4B |
| 总资产 | $3.4B | $4.2B |
| 负债/权益比越低杠杆越低 | 0.42× | — |
8季度趋势，按日历期对齐
| Q4 25 | — | $257.3M | ||
| Q3 25 | $52.1M | $322.4M | ||
| Q2 25 | $55.2M | $261.4M | ||
| Q1 25 | $50.9M | $285.7M | ||
| Q4 24 | $62.8M | $265.2M | ||
| Q3 24 | $68.7M | $309.7M | ||
| Q2 24 | $67.1M | $177.3M | ||
| Q1 24 | $66.9M | $312.3M |
| Q4 25 | — | — | ||
| Q3 25 | $500.3M | — | ||
| Q2 25 | $473.9M | — | ||
| Q1 25 | $475.7M | — | ||
| Q4 24 | $477.5M | — | ||
| Q3 24 | $429.3M | — | ||
| Q2 24 | $379.2M | — | ||
| Q1 24 | $291.0M | — |
| Q4 25 | — | $1.4B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.2B | $1.4B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.2B | $1.3B | ||
| Q1 24 | $1.2B | $1.2B |
| Q4 25 | — | $4.2B | ||
| Q3 25 | $3.4B | $4.0B | ||
| Q2 25 | $3.3B | $3.8B | ||
| Q1 25 | $3.3B | $3.7B | ||
| Q4 24 | $3.2B | $3.6B | ||
| Q3 24 | $3.1B | $3.6B | ||
| Q2 24 | $3.1B | $3.4B | ||
| Q1 24 | $3.0B | $3.5B |
| Q4 25 | — | — | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.40× | — | ||
| Q4 24 | 0.40× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.31× | — | ||
| Q1 24 | 0.24× | — |
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 | $17.3M | $138.5M |
| 自由现金流经营现金流 - 资本支出 | $-21.6M | $66.3M |
| 自由现金流率自由现金流/营收 | -1.8% | 3.1% |
| 资本支出强度资本支出/营收 | 3.3% | 3.4% |
| 现金转化率经营现金流/净利润 | 1.49× | 1.54× |
| 过去12个月自由现金流最近4个季度 | $-28.3M | $467.7M |
8季度趋势，按日历期对齐
| Q4 25 | — | $138.5M | ||
| Q3 25 | $17.3M | $167.1M | ||
| Q2 25 | $73.6M | $111.2M | ||
| Q1 25 | $58.9M | $299.1M | ||
| Q4 24 | $39.5M | $124.9M | ||
| Q3 24 | $23.0M | $209.1M | ||
| Q2 24 | $41.6M | $91.6M | ||
| Q1 24 | $7.8M | $219.7M |
| Q4 25 | — | $66.3M | ||
| Q3 25 | $-21.6M | $111.4M | ||
| Q2 25 | $14.4M | $50.4M | ||
| Q1 25 | $-1.5M | $239.6M | ||
| Q4 24 | $-19.6M | $56.2M | ||
| Q3 24 | $-19.3M | $156.3M | ||
| Q2 24 | $2.7M | $33.9M | ||
| Q1 24 | $-38.4M | $168.5M |
| Q4 25 | — | 3.1% | ||
| Q3 25 | -1.8% | 5.1% | ||
| Q2 25 | 1.2% | 2.3% | ||
| Q1 25 | -0.1% | 10.7% | ||
| Q4 24 | -1.8% | 2.8% | ||
| Q3 24 | -1.7% | 8.0% | ||
| Q2 24 | 0.2% | 1.8% | ||
| Q1 24 | -3.7% | 8.9% |
| Q4 25 | — | 3.4% | ||
| Q3 25 | 3.3% | 2.5% | ||
| Q2 25 | 5.0% | 2.7% | ||
| Q1 25 | 5.4% | 2.7% | ||
| Q4 24 | 5.4% | 3.4% | ||
| Q3 24 | 3.8% | 2.7% | ||
| Q2 24 | 3.4% | 3.0% | ||
| Q1 24 | 4.5% | 2.7% |
| Q4 25 | — | 1.54× | ||
| Q3 25 | 1.49× | 1.39× | ||
| Q2 25 | 14.84× | 0.83× | ||
| Q1 25 | — | 1.66× | ||
| Q4 24 | 17.09× | 1.57× | ||
| Q3 24 | 0.95× | 2.28× | ||
| Q2 24 | 2.97× | 0.96× | ||
| Q1 24 | — | 1.93× |
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
GO
| Non Perishable | $727.2M | 62% |
| Perishable | $441.0M | 38% |
SFM
| Perishables | $1.2B | 56% |
| Non Perishables | $935.4M | 44% |
