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Hillman Solutions Corp.（HLMN）与百胜餐饮集团（LCUT）财务数据对比。点击上方公司名可切换其他公司
Hillman Solutions Corp.的季度营收约是百胜餐饮集团的1.8倍（$365.1M vs $204.1M）。百胜餐饮集团净利率更高（8.9% vs 0.4%，领先8.5%）。Hillman Solutions Corp.同比增速更快（4.5% vs -5.2%）。Hillman Solutions Corp.自由现金流更多（$16.1M vs $2.6M）。过去两年百胜餐饮集团的营收复合增速更高（19.8% vs 2.1%）
Hillman Solutions是一家美国企业，核心业务涵盖五金产品制造、分销以及面向消费者的定制加工服务，为市场提供多元化的五金相关解决方案，服务覆盖产业链多个环节。
百胜餐饮集团是美国跨国快餐企业，1977年百事可乐收购肯德基、必胜客、塔可Bell后将其整合为旗下子公司，1997年百事剥离该业务板块后正式独立为百胜集团。集团目前运营肯德基、必胜客、塔可Bell、哈比特汉堡等多个餐饮品牌，同时布局相关餐饮科技业务，门店网络遍布全球多个国家和地区。
HLMN vs LCUT — 直观对比
营收规模更大
HLMN
是对方的1.8倍
$204.1M
营收增速更快
HLMN
高出9.6%
-5.2%
净利率更高
LCUT
高出8.5%
0.4%
自由现金流更多
HLMN
多$13.5M
$2.6M
两年增速更快
LCUT
近两年复合增速
2.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $365.1M | $204.1M |
| 净利润 | $1.6M | $18.2M |
| 毛利率 | — | 38.6% |
| 营业利润率 | 4.6% | 9.8% |
| 净利率 | 0.4% | 8.9% |
| 营收同比 | 4.5% | -5.2% |
| 净利润同比 | 230.8% | 103.5% |
| 每股收益（稀释后） | $0.00 | $0.83 |
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HLMNLCUT
| Q4 25 | $365.1M | $204.1M | ||
| Q3 25 | $424.9M | $171.9M | ||
| Q2 25 | $402.8M | $131.9M | ||
| Q1 25 | $359.3M | $140.1M | ||
| Q4 24 | $349.6M | $215.2M | ||
| Q3 24 | $393.3M | $183.8M | ||
| Q2 24 | $379.4M | $141.7M | ||
| Q1 24 | $350.3M | $142.2M |
净利润HLMNLCUT
| Q4 25 | $1.6M | $18.2M | ||
| Q3 25 | $23.2M | $-1.2M | ||
| Q2 25 | $15.8M | $-39.7M | ||
| Q1 25 | $-317.0K | $-4.2M | ||
| Q4 24 | $-1.2M | $8.9M | ||
| Q3 24 | $7.4M | $344.0K | ||
| Q2 24 | $12.5M | $-18.2M | ||
| Q1 24 | $-1.5M | $-6.3M |
毛利率HLMNLCUT
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | 35.1% | ||
| Q2 25 | — | 38.6% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | — | 37.7% | ||
| Q3 24 | — | 36.7% | ||
| Q2 24 | — | 38.5% | ||
| Q1 24 | — | 40.5% |
营业利润率HLMNLCUT
| Q4 25 | 4.6% | 9.8% | ||
| Q3 25 | 10.8% | 3.9% | ||
| Q2 25 | 9.0% | -28.2% | ||
| Q1 25 | 4.2% | 0.8% | ||
| Q4 24 | 4.0% | 7.2% | ||
| Q3 24 | 6.8% | 4.7% | ||
| Q2 24 | 8.3% | 0.8% | ||
| Q1 24 | 4.7% | 1.3% |
净利率HLMNLCUT
| Q4 25 | 0.4% | 8.9% | ||
| Q3 25 | 5.5% | -0.7% | ||
| Q2 25 | 3.9% | -30.1% | ||
| Q1 25 | -0.1% | -3.0% | ||
| Q4 24 | -0.3% | 4.1% | ||
| Q3 24 | 1.9% | 0.2% | ||
| Q2 24 | 3.3% | -12.8% | ||
| Q1 24 | -0.4% | -4.4% |
每股收益（稀释后）HLMNLCUT
| Q4 25 | $0.00 | $0.83 | ||
| Q3 25 | $0.12 | $-0.05 | ||
| Q2 25 | $0.08 | $-1.83 | ||
| Q1 25 | $0.00 | $-0.19 | ||
| Q4 24 | $-0.00 | $0.41 | ||
| Q3 24 | $0.04 | $0.02 | ||
| Q2 24 | $0.06 | $-0.85 | ||
| Q1 24 | $-0.01 | $-0.29 |
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 | $27.3M | $4.3M |
| 总债务越低越好 | $668.3M | $135.0M |
| 股东权益账面价值 | $1.2B | $202.3M |
| 总资产 | $2.4B | $572.6M |
| 负债/权益比越低杠杆越低 | 0.54× | 0.67× |
8季度趋势，按日历期对齐
现金及短期投资HLMNLCUT
| Q4 25 | $27.3M | $4.3M | ||
| Q3 25 | $37.7M | $12.1M | ||
| Q2 25 | $34.2M | $12.0M | ||
| Q1 25 | $36.3M | $10.4M | ||
| Q4 24 | $44.5M | $2.9M | ||
| Q3 24 | $59.8M | $6.0M | ||
| Q2 24 | $54.0M | $3.4M | ||
| Q1 24 | $30.7M | $4.6M |
总债务HLMNLCUT
| Q4 25 | $668.3M | $135.0M | ||
| Q3 25 | $683.2M | — | ||
| Q2 25 | $683.1M | — | ||
| Q1 25 | $713.5M | — | ||
| Q4 24 | $691.7M | $142.5M | ||
| Q3 24 | $730.7M | — | ||
| Q2 24 | $732.1M | — | ||
| Q1 24 | $751.3M | — |
股东权益HLMNLCUT
| Q4 25 | $1.2B | $202.3M | ||
| Q3 25 | $1.2B | $184.6M | ||
| Q2 25 | $1.2B | $185.8M | ||
| Q1 25 | $1.2B | $225.7M | ||
| Q4 24 | $1.2B | $229.9M | ||
| Q3 24 | $1.2B | $220.9M | ||
| Q2 24 | $1.2B | $219.8M | ||
| Q1 24 | $1.2B | $223.7M |
总资产HLMNLCUT
| Q4 25 | $2.4B | $572.6M | ||
| Q3 25 | $2.4B | $581.1M | ||
| Q2 25 | $2.4B | $551.9M | ||
| Q1 25 | $2.3B | $594.6M | ||
| Q4 24 | $2.3B | $634.3M | ||
| Q3 24 | $2.4B | $668.7M | ||
| Q2 24 | $2.4B | $617.0M | ||
| Q1 24 | $2.4B | $602.7M |
负债/权益比HLMNLCUT
| Q4 25 | 0.54× | 0.67× | ||
| Q3 25 | 0.56× | — | ||
| Q2 25 | 0.57× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.59× | 0.62× | ||
| Q3 24 | 0.62× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.65× | — |
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 | $30.9M | $3.7M |
| 自由现金流经营现金流 - 资本支出 | $16.1M | $2.6M |
| 自由现金流率自由现金流/营收 | 4.4% | 1.3% |
| 资本支出强度资本支出/营收 | 4.0% | 0.6% |
| 现金转化率经营现金流/净利润 | 19.33× | 0.21× |
| 过去12个月自由现金流最近4个季度 | $35.1M | $3.3M |
8季度趋势，按日历期对齐
经营现金流HLMNLCUT
| Q4 25 | $30.9M | $3.7M | ||
| Q3 25 | $26.2M | $-22.2M | ||
| Q2 25 | $48.7M | $9.3M | ||
| Q1 25 | $-655.0K | $16.7M | ||
| Q4 24 | $43.1M | $20.3M | ||
| Q3 24 | $63.7M | $-22.7M | ||
| Q2 24 | $64.8M | $10.4M | ||
| Q1 24 | $11.7M | $10.5M |
自由现金流HLMNLCUT
| Q4 25 | $16.1M | $2.6M | ||
| Q3 25 | $9.1M | $-22.7M | ||
| Q2 25 | $31.2M | $8.2M | ||
| Q1 25 | $-21.3M | $15.1M | ||
| Q4 24 | $22.1M | $19.7M | ||
| Q3 24 | $39.6M | $-23.2M | ||
| Q2 24 | $42.5M | $9.9M | ||
| Q1 24 | $-6.1M | $9.9M |
自由现金流率HLMNLCUT
| Q4 25 | 4.4% | 1.3% | ||
| Q3 25 | 2.1% | -13.2% | ||
| Q2 25 | 7.7% | 6.2% | ||
| Q1 25 | -5.9% | 10.8% | ||
| Q4 24 | 6.3% | 9.1% | ||
| Q3 24 | 10.1% | -12.6% | ||
| Q2 24 | 11.2% | 7.0% | ||
| Q1 24 | -1.7% | 7.0% |
资本支出强度HLMNLCUT
| Q4 25 | 4.0% | 0.6% | ||
| Q3 25 | 4.0% | 0.3% | ||
| Q2 25 | 4.3% | 0.9% | ||
| Q1 25 | 5.7% | 1.1% | ||
| Q4 24 | 6.0% | 0.3% | ||
| Q3 24 | 6.1% | 0.3% | ||
| Q2 24 | 5.9% | 0.4% | ||
| Q1 24 | 5.1% | 0.4% |
现金转化率HLMNLCUT
| Q4 25 | 19.33× | 0.21× | ||
| Q3 25 | 1.13× | — | ||
| Q2 25 | 3.08× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.28× | ||
| Q3 24 | 8.57× | -65.89× | ||
| Q2 24 | 5.17× | — | ||
| Q1 24 | — | — |
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
HLMN
| Fasteningand Hardware | $228.8M | 63% |
| Personal Protection Solutions | $55.7M | 15% |
| Robotics And Digital Solutions Segment | $49.6M | 14% |
| Other | $19.4M | 5% |
| Engraving | $11.7M | 3% |
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
