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荷美尔食品（HRL）与信安金融集团（PFG）财务数据对比。点击上方公司名可切换其他公司
信安金融集团的季度营收约是荷美尔食品的1.4倍（$4.6B vs $3.2B），信安金融集团净利率更高（11.3% vs -1.8%，领先13.1%），荷美尔食品同比增速更快（1.5% vs -3.7%），过去两年信安金融集团的营收复合增速更高（6.3% vs 3.1%）
荷美尔食品是1891年于美国明尼苏达州奥斯汀成立的跨国食品加工企业，由乔治·A·荷美尔创立。品牌最初主营火腿、香肠等各类畜肉产品的包装与销售，1937年推出斯帕姆午餐肉，上世纪80年代起逐步拓展多元化包装及冷藏食品产品线。
信安金融集团（股票代码：PFG）是总部位于美国艾奥瓦州得梅因的全球性金融服务企业，核心业务涵盖投资管理、保险服务两大板块，在全球多个区域开展业务，为机构客户和个人用户提供专业定制化的金融解决方案，在行业内拥有较高知名度。
HRL vs PFG — 直观对比
营收规模更大
PFG
是对方的1.4倍
$3.2B
营收增速更快
HRL
高出5.2%
-3.7%
净利率更高
PFG
高出13.1%
-1.8%
两年增速更快
PFG
近两年复合增速
3.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $4.6B |
| 净利润 | $-56.1M | $517.0M |
| 毛利率 | 14.0% | — |
| 营业利润率 | 0.1% | — |
| 净利率 | -1.8% | 11.3% |
| 营收同比 | 1.5% | -3.7% |
| 净利润同比 | -125.5% | -42.9% |
| 每股收益（稀释后） | $-0.10 | $2.30 |
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HRLPFG
| Q4 25 | $3.2B | $4.6B | ||
| Q3 25 | $3.0B | $3.7B | ||
| Q2 25 | $2.9B | $3.7B | ||
| Q1 25 | $3.0B | $3.7B | ||
| Q4 24 | $3.1B | $4.8B | ||
| Q3 24 | $2.9B | $3.0B | ||
| Q2 24 | $2.9B | $4.3B | ||
| Q1 24 | $3.0B | $4.1B |
净利润HRLPFG
| Q4 25 | $-56.1M | $517.0M | ||
| Q3 25 | $183.7M | $213.8M | ||
| Q2 25 | $180.0M | $406.2M | ||
| Q1 25 | $170.6M | $48.1M | ||
| Q4 24 | $220.2M | $905.4M | ||
| Q3 24 | $176.7M | $-220.0M | ||
| Q2 24 | $189.3M | $353.1M | ||
| Q1 24 | $218.9M | $532.5M |
毛利率HRLPFG
| Q4 25 | 14.0% | — | ||
| Q3 25 | 16.1% | — | ||
| Q2 25 | 16.7% | — | ||
| Q1 25 | 15.9% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 16.8% | — | ||
| Q2 24 | 17.4% | — | ||
| Q1 24 | 17.0% | — |
营业利润率HRLPFG
| Q4 25 | 0.1% | — | ||
| Q3 25 | 7.9% | — | ||
| Q2 25 | 8.6% | — | ||
| Q1 25 | 7.6% | — | ||
| Q4 24 | 9.4% | — | ||
| Q3 24 | 8.2% | — | ||
| Q2 24 | 8.7% | — | ||
| Q1 24 | 9.5% | — |
净利率HRLPFG
| Q4 25 | -1.8% | 11.3% | ||
| Q3 25 | 6.1% | 5.8% | ||
| Q2 25 | 6.2% | 11.1% | ||
| Q1 25 | 5.7% | 1.3% | ||
| Q4 24 | 7.0% | 19.1% | ||
| Q3 24 | 6.1% | -7.3% | ||
| Q2 24 | 6.6% | 8.2% | ||
| Q1 24 | 7.3% | 13.1% |
每股收益（稀释后）HRLPFG
| Q4 25 | $-0.10 | $2.30 | ||
| Q3 25 | $0.33 | $0.95 | ||
| Q2 25 | $0.33 | $1.79 | ||
| Q1 25 | $0.31 | $0.21 | ||
| Q4 24 | $0.41 | $3.92 | ||
| Q3 24 | $0.32 | $-0.95 | ||
| Q2 24 | $0.34 | $1.49 | ||
| Q1 24 | $0.40 | $2.22 |
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 | $703.6M | $4.4B |
| 总债务越低越好 | $2.9B | $3.9B |
| 股东权益账面价值 | $7.9B | $11.9B |
| 总资产 | $13.4B | $341.4B |
| 负债/权益比越低杠杆越低 | 0.36× | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资HRLPFG
| Q4 25 | $703.6M | $4.4B | ||
| Q3 25 | $630.7M | $5.1B | ||
| Q2 25 | $699.0M | $3.7B | ||
| Q1 25 | $866.4M | $3.9B | ||
| Q4 24 | $766.6M | $4.2B | ||
| Q3 24 | $561.9M | $6.2B | ||
| Q2 24 | $1.5B | $4.8B | ||
| Q1 24 | $981.9M | $4.2B |
总债务HRLPFG
| Q4 25 | $2.9B | $3.9B | ||
| Q3 25 | $2.9B | $3.9B | ||
| Q2 25 | $2.9B | $3.9B | ||
| Q1 25 | $2.9B | $4.3B | ||
| Q4 24 | $2.9B | $4.0B | ||
| Q3 24 | $2.9B | $3.9B | ||
| Q2 24 | $2.9B | $3.9B | ||
| Q1 24 | $2.4B | $3.9B |
股东权益HRLPFG
| Q4 25 | $7.9B | $11.9B | ||
| Q3 25 | $8.1B | $11.7B | ||
| Q2 25 | $8.0B | $11.4B | ||
| Q1 25 | $8.0B | $11.2B | ||
| Q4 24 | $8.0B | $11.1B | ||
| Q3 24 | $7.9B | $11.2B | ||
| Q2 24 | $7.9B | $11.0B | ||
| Q1 24 | $7.8B | $11.2B |
总资产HRLPFG
| Q4 25 | $13.4B | $341.4B | ||
| Q3 25 | $13.5B | $334.5B | ||
| Q2 25 | $13.4B | $323.1B | ||
| Q1 25 | $13.4B | $313.0B | ||
| Q4 24 | $13.4B | $313.7B | ||
| Q3 24 | $13.1B | $322.9B | ||
| Q2 24 | $14.1B | $308.8B | ||
| Q1 24 | $13.5B | $308.7B |
负债/权益比HRLPFG
| Q4 25 | 0.36× | 0.33× | ||
| Q3 25 | 0.35× | 0.34× | ||
| Q2 25 | 0.35× | 0.34× | ||
| Q1 25 | 0.36× | 0.39× | ||
| Q4 24 | 0.36× | 0.36× | ||
| Q3 24 | 0.36× | 0.35× | ||
| Q2 24 | 0.36× | 0.36× | ||
| Q1 24 | 0.30× | 0.35× |
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 | $322.9M | $1.7B |
| 自由现金流经营现金流 - 资本支出 | $231.4M | — |
| 自由现金流率自由现金流/营收 | 7.3% | — |
| 资本支出强度资本支出/营收 | 2.9% | — |
| 现金转化率经营现金流/净利润 | — | 3.37× |
| 过去12个月自由现金流最近4个季度 | $534.3M | — |
8季度趋势，按日历期对齐
经营现金流HRLPFG
| Q4 25 | $322.9M | $1.7B | ||
| Q3 25 | $156.7M | $1.0B | ||
| Q2 25 | $56.4M | $811.9M | ||
| Q1 25 | $309.2M | $977.3M | ||
| Q4 24 | $408.6M | $1.5B | ||
| Q3 24 | $218.0M | $1.1B | ||
| Q2 24 | $236.1M | $1.4B | ||
| Q1 24 | $404.0M | $584.2M |
自由现金流HRLPFG
| Q4 25 | $231.4M | — | ||
| Q3 25 | $84.5M | — | ||
| Q2 25 | $-18.6M | — | ||
| Q1 25 | $237.0M | — | ||
| Q4 24 | $324.8M | — | ||
| Q3 24 | $152.5M | — | ||
| Q2 24 | $176.2M | — | ||
| Q1 24 | $356.8M | — |
自由现金流率HRLPFG
| Q4 25 | 7.3% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | -0.6% | — | ||
| Q1 25 | 7.9% | — | ||
| Q4 24 | 10.4% | — | ||
| Q3 24 | 5.3% | — | ||
| Q2 24 | 6.1% | — | ||
| Q1 24 | 11.9% | — |
资本支出强度HRLPFG
| Q4 25 | 2.9% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.3% | — | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | 1.6% | — |
现金转化率HRLPFG
| Q4 25 | — | 3.37× | ||
| Q3 25 | 0.85× | 4.70× | ||
| Q2 25 | 0.31× | 2.00× | ||
| Q1 25 | 1.81× | 20.32× | ||
| Q4 24 | 1.86× | 1.61× | ||
| Q3 24 | 1.23× | — | ||
| Q2 24 | 1.25× | 4.05× | ||
| Q1 24 | 1.85× | 1.10× |
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
HRL
| Retail Segment | $1.9B | 60% |
| Foodservice Segment | $1.1B | 34% |
| Other | $174.7M | 5% |
PFG
| Segment Retirement And Income Solutions | $1.6B | 36% |
| Segment Benefits And Protection | $1.1B | 23% |
| Other | $582.8M | 13% |
| Segment Principal Asset Management | $465.6M | 10% |
| Subsegment Investment Management | $449.4M | 10% |
| Administrative Service | $152.2M | 3% |
| Subsegment International Pension | $91.2M | 2% |
| Segment Corporate | $73.0M | 2% |
| Subsegment Life Insurance | $26.1M | 1% |
| Financial Service Other | $25.1M | 1% |
| Residential Mortgage | $7.4M | 0% |
| Subsegment Specialty Benefits | $3.7M | 0% |
| Deposit Account | $3.4M | 0% |
| Commission Income | $1.8M | 0% |
