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Acushnet Holdings Corp.（GOLF）与YETI Holdings, Inc.（YETI）财务数据对比。点击上方公司名可切换其他公司
YETI Holdings, Inc.的季度营收约是Acushnet Holdings Corp.的1.0倍（$487.8M vs $477.2M）。YETI Holdings, Inc.净利率更高（8.1% vs -7.3%，领先15.4%）。Acushnet Holdings Corp.同比增速更快（7.2% vs 1.9%）。YETI Holdings, Inc.自由现金流更多（$89.1M vs $-23.3M）。过去两年YETI Holdings, Inc.的营收复合增速更高（-3.1% vs -17.9%）
Acushnet Holdings Corp.是一家专注于高尔夫赛道的美国企业，旗下运营多个知名品牌，产品品类覆盖高尔夫专业器材、运动服饰及相关配件，为全球高尔夫运动爱好者提供多元化的相关产品选择。
YETI Holdings, Inc.是源自美国的户外休闲产品品牌，总部位于得克萨斯州奥斯汀，主打户外耐用品，产品线涵盖保温箱、真空隔热不锈钢饮具、软质冷却包、防水干燥袋及各类相关配件，产品主打耐用性与保温保冷性能，深受户外爱好者青睐。
GOLF vs YETI — 直观对比
营收规模更大
YETI
是对方的1.0倍
$477.2M
营收增速更快
GOLF
高出5.3%
1.9%
净利率更高
YETI
高出15.4%
-7.3%
自由现金流更多
YETI
多$112.4M
$-23.3M
两年增速更快
YETI
近两年复合增速
-17.9%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $477.2M | $487.8M |
| 净利润 | $-34.9M | $39.4M |
| 毛利率 | 44.1% | 55.9% |
| 营业利润率 | -3.8% | 11.1% |
| 净利率 | -7.3% | 8.1% |
| 营收同比 | 7.2% | 1.9% |
| 净利润同比 | -3027.3% | -30.0% |
| 每股收益（稀释后） | $-0.57 | $0.48 |
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GOLFYETI
| Q4 25 | $477.2M | — | ||
| Q3 25 | $657.7M | $487.8M | ||
| Q2 25 | $720.5M | $445.9M | ||
| Q1 25 | $703.4M | $351.1M | ||
| Q4 24 | $445.2M | $546.5M | ||
| Q3 24 | $620.5M | $478.4M | ||
| Q2 24 | $683.9M | $463.5M | ||
| Q1 24 | $707.6M | $341.4M |
净利润GOLFYETI
| Q4 25 | $-34.9M | — | ||
| Q3 25 | $48.5M | $39.4M | ||
| Q2 25 | $75.6M | $51.2M | ||
| Q1 25 | $99.4M | $16.6M | ||
| Q4 24 | $-1.1M | $53.2M | ||
| Q3 24 | $56.2M | $56.3M | ||
| Q2 24 | $71.4M | $50.4M | ||
| Q1 24 | $87.8M | $15.9M |
毛利率GOLFYETI
| Q4 25 | 44.1% | — | ||
| Q3 25 | 48.5% | 55.9% | ||
| Q2 25 | 49.2% | 57.8% | ||
| Q1 25 | 47.9% | 57.4% | ||
| Q4 24 | 22.6% | 59.7% | ||
| Q3 24 | 54.4% | 58.0% | ||
| Q2 24 | 54.4% | 57.0% | ||
| Q1 24 | 53.4% | 57.1% |
营业利润率GOLFYETI
| Q4 25 | -3.8% | — | ||
| Q3 25 | 14.1% | 11.1% | ||
| Q2 25 | 15.2% | 13.9% | ||
| Q1 25 | 16.3% | 6.2% | ||
| Q4 24 | -1.2% | 15.1% | ||
| Q3 24 | 13.2% | 14.6% | ||
| Q2 24 | 15.5% | 14.5% | ||
| Q1 24 | 17.2% | 7.6% |
净利率GOLFYETI
| Q4 25 | -7.3% | — | ||
| Q3 25 | 7.4% | 8.1% | ||
| Q2 25 | 10.5% | 11.5% | ||
| Q1 25 | 14.1% | 4.7% | ||
| Q4 24 | -0.3% | 9.7% | ||
| Q3 24 | 9.1% | 11.8% | ||
| Q2 24 | 10.4% | 10.9% | ||
| Q1 24 | 12.4% | 4.6% |
每股收益（稀释后）GOLFYETI
| Q4 25 | $-0.57 | — | ||
| Q3 25 | $0.81 | $0.48 | ||
| Q2 25 | $1.25 | $0.61 | ||
| Q1 25 | $1.62 | $0.20 | ||
| Q4 24 | $0.02 | $0.62 | ||
| Q3 24 | $0.89 | $0.66 | ||
| Q2 24 | $1.11 | $0.59 | ||
| Q1 24 | $1.35 | $0.18 |
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 | — | — |
| 总债务越低越好 | $926.2M | — |
| 股东权益账面价值 | $783.6M | $702.6M |
| 总资产 | $2.3B | $1.3B |
| 负债/权益比越低杠杆越低 | 1.18× | — |
8季度趋势，按日历期对齐
总债务GOLFYETI
| Q4 25 | $926.2M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $753.1M | $72.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益GOLFYETI
| Q4 25 | $783.6M | — | ||
| Q3 25 | $852.3M | $702.6M | ||
| Q2 25 | $808.5M | $802.7M | ||
| Q1 25 | $780.3M | $764.3M | ||
| Q4 24 | $765.2M | $740.1M | ||
| Q3 24 | $863.9M | $770.0M | ||
| Q2 24 | $863.7M | $705.9M | ||
| Q1 24 | $883.7M | $646.9M |
总资产GOLFYETI
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.4B | $1.3B | ||
| Q2 25 | $2.4B | $1.3B | ||
| Q1 25 | $2.4B | $1.2B | ||
| Q4 24 | $2.2B | $1.3B | ||
| Q3 24 | $2.3B | $1.3B | ||
| Q2 24 | $2.3B | $1.2B | ||
| Q1 24 | $2.4B | $1.1B |
负债/权益比GOLFYETI
| Q4 25 | 1.18× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.98× | 0.10× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | $-338.0K | $100.9M |
| 自由现金流经营现金流 - 资本支出 | $-23.3M | $89.1M |
| 自由现金流率自由现金流/营收 | -4.9% | 18.3% |
| 资本支出强度资本支出/营收 | 4.8% | 2.4% |
| 现金转化率经营现金流/净利润 | — | 2.56× |
| 过去12个月自由现金流最近4个季度 | $120.0M | $265.2M |
8季度趋势，按日历期对齐
经营现金流GOLFYETI
| Q4 25 | $-338.0K | — | ||
| Q3 25 | $163.1M | $100.9M | ||
| Q2 25 | $151.9M | $61.2M | ||
| Q1 25 | $-120.3M | $-80.3M | ||
| Q4 24 | $-1.1M | $225.6M | ||
| Q3 24 | $144.1M | $83.5M | ||
| Q2 24 | $211.6M | $56.0M | ||
| Q1 24 | $-109.5M | $-103.7M |
自由现金流GOLFYETI
| Q4 25 | $-23.3M | — | ||
| Q3 25 | $136.9M | $89.1M | ||
| Q2 25 | $138.0M | $50.2M | ||
| Q1 25 | $-131.5M | $-89.2M | ||
| Q4 24 | $-33.2M | $215.1M | ||
| Q3 24 | $123.7M | $73.8M | ||
| Q2 24 | $196.8M | $45.0M | ||
| Q1 24 | $-116.8M | $-114.3M |
自由现金流率GOLFYETI
| Q4 25 | -4.9% | — | ||
| Q3 25 | 20.8% | 18.3% | ||
| Q2 25 | 19.2% | 11.2% | ||
| Q1 25 | -18.7% | -25.4% | ||
| Q4 24 | -7.5% | 39.4% | ||
| Q3 24 | 19.9% | 15.4% | ||
| Q2 24 | 28.8% | 9.7% | ||
| Q1 24 | -16.5% | -33.5% |
资本支出强度GOLFYETI
| Q4 25 | 4.8% | — | ||
| Q3 25 | 4.0% | 2.4% | ||
| Q2 25 | 1.9% | 2.5% | ||
| Q1 25 | 1.6% | 2.5% | ||
| Q4 24 | 7.2% | 1.9% | ||
| Q3 24 | 3.3% | 2.0% | ||
| Q2 24 | 2.2% | 2.4% | ||
| Q1 24 | 1.0% | 3.1% |
现金转化率GOLFYETI
| Q4 25 | — | — | ||
| Q3 25 | 3.36× | 2.56× | ||
| Q2 25 | 2.01× | 1.20× | ||
| Q1 25 | -1.21× | -4.83× | ||
| Q4 24 | — | 4.24× | ||
| Q3 24 | 2.56× | 1.48× | ||
| Q2 24 | 2.96× | 1.11× | ||
| Q1 24 | -1.25× | -6.54× |
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
GOLF
| Titleist Golf Equipment | $293.8M | 62% |
| Footjoy Golf Wear | $102.0M | 21% |
| Other | $45.3M | 9% |
| Golf Gear | $36.1M | 8% |
YETI
| Drinkware | $263.8M | 54% |
| Coolers And Equipment | $215.4M | 44% |
| Other | $8.6M | 2% |
