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国际香精香料（IFF）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
国际香精香料的季度营收约是罗布乐思的1.8倍（$2.6B vs $1.4B），国际香精香料净利率更高（0.2% vs -22.3%，领先22.5%），罗布乐思同比增速更快（43.2% vs -6.6%），罗布乐思自由现金流更多（$308.6M vs $130.0M），过去两年罗布乐思的营收复合增速更高（32.9% vs -5.5%）
国际香精香料（IFF）是美国知名企业，业务覆盖风味、质感、香氛、营养、酶制剂、菌种、大豆蛋白、益生菌等多品类产品研发，产品行销全球。公司总部位于纽约，在44个国家设有创意、销售及生产基地，是标普500指数成分股企业。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
IFF vs RBLX — 直观对比
营收规模更大
IFF
是对方的1.8倍
$1.4B
营收增速更快
RBLX
高出49.8%
-6.6%
净利率更高
IFF
高出22.5%
-22.3%
自由现金流更多
RBLX
多$178.6M
$130.0M
两年增速更快
RBLX
近两年复合增速
-5.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $1.4B |
| 净利润 | $5.0M | $-316.0M |
| 毛利率 | 34.4% | 77.7% |
| 营业利润率 | 3.7% | -25.3% |
| 净利率 | 0.2% | -22.3% |
| 营收同比 | -6.6% | 43.2% |
| 净利润同比 | 110.9% | -43.9% |
| 每股收益（稀释后） | $0.03 | $-0.44 |
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IFFRBLX
| Q4 25 | $2.6B | $1.4B | ||
| Q3 25 | $2.7B | $1.4B | ||
| Q2 25 | $2.8B | $1.1B | ||
| Q1 25 | $2.8B | $1.0B | ||
| Q4 24 | $2.8B | $988.2M | ||
| Q3 24 | $2.9B | $919.0M | ||
| Q2 24 | $2.9B | $893.5M | ||
| Q1 24 | $2.9B | $801.3M |
净利润IFFRBLX
| Q4 25 | $5.0M | $-316.0M | ||
| Q3 25 | $40.0M | $-255.6M | ||
| Q2 25 | $612.0M | $-278.4M | ||
| Q1 25 | $-1.0B | $-215.1M | ||
| Q4 24 | $-46.0M | $-219.6M | ||
| Q3 24 | $59.0M | $-239.3M | ||
| Q2 24 | $170.0M | $-205.9M | ||
| Q1 24 | $60.0M | $-270.6M |
毛利率IFFRBLX
| Q4 25 | 34.4% | 77.7% | ||
| Q3 25 | 36.5% | 78.2% | ||
| Q2 25 | 37.3% | 78.2% | ||
| Q1 25 | 36.4% | 78.3% | ||
| Q4 24 | 35.4% | 77.9% | ||
| Q3 24 | 36.0% | 77.7% | ||
| Q2 24 | 37.0% | 77.8% | ||
| Q1 24 | 35.3% | 77.7% |
营业利润率IFFRBLX
| Q4 25 | 3.7% | -25.3% | ||
| Q3 25 | 8.4% | -21.8% | ||
| Q2 25 | 7.2% | -29.8% | ||
| Q1 25 | -31.8% | -24.6% | ||
| Q4 24 | 4.6% | -24.7% | ||
| Q3 24 | 8.5% | -30.4% | ||
| Q2 24 | 6.6% | -26.6% | ||
| Q1 24 | 6.9% | -37.7% |
净利率IFFRBLX
| Q4 25 | 0.2% | -22.3% | ||
| Q3 25 | 1.5% | -18.8% | ||
| Q2 25 | 22.1% | -25.8% | ||
| Q1 25 | -35.8% | -20.8% | ||
| Q4 24 | -1.7% | -22.2% | ||
| Q3 24 | 2.0% | -26.0% | ||
| Q2 24 | 5.9% | -23.0% | ||
| Q1 24 | 2.1% | -33.8% |
每股收益（稀释后）IFFRBLX
| Q4 25 | $0.03 | $-0.44 | ||
| Q3 25 | $0.16 | $-0.37 | ||
| Q2 25 | $2.38 | $-0.41 | ||
| Q1 25 | $-3.98 | $-0.32 | ||
| Q4 24 | $-0.17 | $-0.32 | ||
| Q3 24 | $0.23 | $-0.37 | ||
| Q2 24 | $0.66 | $-0.32 | ||
| Q1 24 | $0.23 | $-0.43 |
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 | $590.0M | $3.1B |
| 总债务越低越好 | $5.6B | $1.2B |
| 股东权益账面价值 | $14.2B | $394.5M |
| 总资产 | $25.5B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.40× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资IFFRBLX
| Q4 25 | $590.0M | $3.1B | ||
| Q3 25 | $621.0M | $2.9B | ||
| Q2 25 | $816.0M | $2.6B | ||
| Q1 25 | $613.0M | $2.7B | ||
| Q4 24 | $469.0M | $2.4B | ||
| Q3 24 | $567.0M | $2.3B | ||
| Q2 24 | $671.0M | $2.4B | ||
| Q1 24 | $732.0M | $2.4B |
总债务IFFRBLX
| Q4 25 | $5.6B | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.9B | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IFFRBLX
| Q4 25 | $14.2B | $394.5M | ||
| Q3 25 | $14.2B | $407.6M | ||
| Q2 25 | $14.4B | $353.2M | ||
| Q1 25 | $13.2B | $310.7M | ||
| Q4 24 | $13.9B | $221.4M | ||
| Q3 24 | $14.8B | $189.9M | ||
| Q2 24 | $14.3B | $121.5M | ||
| Q1 24 | $14.3B | $71.6M |
总资产IFFRBLX
| Q4 25 | $25.5B | $9.6B | ||
| Q3 25 | $25.8B | $8.6B | ||
| Q2 25 | $26.1B | $7.8B | ||
| Q1 25 | $28.3B | $7.5B | ||
| Q4 24 | $28.7B | $7.2B | ||
| Q3 24 | $29.9B | $6.7B | ||
| Q2 24 | $29.5B | $6.5B | ||
| Q1 24 | $30.6B | $6.3B |
负债/权益比IFFRBLX
| Q4 25 | 0.40× | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.64× | 5.48× | ||
| 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 | $318.0M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $130.0M | $308.6M |
| 自由现金流率自由现金流/营收 | 5.0% | 21.8% |
| 资本支出强度资本支出/营收 | 7.3% | 21.1% |
| 现金转化率经营现金流/净利润 | 63.60× | — |
| 过去12个月自由现金流最近4个季度 | $256.0M | $1.4B |
8季度趋势，按日历期对齐
经营现金流IFFRBLX
| Q4 25 | $318.0M | $607.0M | ||
| Q3 25 | $164.0M | $546.2M | ||
| Q2 25 | $241.0M | $199.3M | ||
| Q1 25 | $127.0M | $443.9M | ||
| Q4 24 | $368.0M | $184.5M | ||
| Q3 24 | $366.0M | $247.4M | ||
| Q2 24 | $237.0M | $151.4M | ||
| Q1 24 | $99.0M | $238.9M |
自由现金流IFFRBLX
| Q4 25 | $130.0M | $308.6M | ||
| Q3 25 | $32.0M | $443.6M | ||
| Q2 25 | $146.0M | $176.7M | ||
| Q1 25 | $-52.0M | $426.5M | ||
| Q4 24 | $208.0M | $120.6M | ||
| Q3 24 | $263.0M | $218.0M | ||
| Q2 24 | $155.0M | $111.7M | ||
| Q1 24 | $-19.0M | $192.3M |
自由现金流率IFFRBLX
| Q4 25 | 5.0% | 21.8% | ||
| Q3 25 | 1.2% | 32.6% | ||
| Q2 25 | 5.3% | 16.3% | ||
| Q1 25 | -1.8% | 41.2% | ||
| Q4 24 | 7.5% | 12.2% | ||
| Q3 24 | 9.0% | 23.7% | ||
| Q2 24 | 5.4% | 12.5% | ||
| Q1 24 | -0.7% | 24.0% |
资本支出强度IFFRBLX
| Q4 25 | 7.3% | 21.1% | ||
| Q3 25 | 4.9% | 7.5% | ||
| Q2 25 | 3.4% | 2.1% | ||
| Q1 25 | 6.3% | 1.7% | ||
| Q4 24 | 5.8% | 6.5% | ||
| Q3 24 | 3.5% | 3.2% | ||
| Q2 24 | 2.8% | 4.4% | ||
| Q1 24 | 4.1% | 5.8% |
现金转化率IFFRBLX
| Q4 25 | 63.60× | — | ||
| Q3 25 | 4.10× | — | ||
| Q2 25 | 0.39× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.20× | — | ||
| Q2 24 | 1.39× | — | ||
| Q1 24 | 1.65× | — |
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
IFF
| Food Ingredients | $802.0M | 31% |
| Scent | $610.0M | 24% |
| Other | $589.0M | 23% |
| Taste | $588.0M | 23% |
RBLX
暂无分部数据
