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INSTEEL INDUSTRIES INC（IIIN）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
百胜餐饮集团的季度营收约是INSTEEL INDUSTRIES INC的1.3倍（$204.1M vs $159.9M），百胜餐饮集团净利率更高（8.9% vs 4.7%，领先4.1%），INSTEEL INDUSTRIES INC同比增速更快（23.3% vs -5.2%），百胜餐饮集团自由现金流更多（$2.6M vs $-2.2M），过去两年百胜餐饮集团的营收复合增速更高（19.8% vs 12.0%）
Insteel Industries Inc是美国领先的钢材加固产品制造商，主营焊接钢筋网、工程结构网、钢纤维等产品，主要服务北美地区非住宅建筑、基础设施、预制混凝土构件等领域客户，提供高性能建筑加固解决方案。
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。
IIIN vs LCUT — 直观对比
营收规模更大
LCUT
是对方的1.3倍
$159.9M
营收增速更快
IIIN
高出28.5%
-5.2%
净利率更高
LCUT
高出4.1%
4.7%
自由现金流更多
LCUT
多$4.8M
$-2.2M
两年增速更快
LCUT
近两年复合增速
12.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $159.9M | $204.1M |
| 净利润 | $7.6M | $18.2M |
| 毛利率 | 11.3% | 38.6% |
| 营业利润率 | 6.0% | 9.8% |
| 净利率 | 4.7% | 8.9% |
| 营收同比 | 23.3% | -5.2% |
| 净利润同比 | 602.4% | 103.5% |
| 每股收益（稀释后） | $0.39 | $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IIINLCUT
| Q4 25 | $159.9M | $204.1M | ||
| Q3 25 | $177.4M | $171.9M | ||
| Q2 25 | $179.9M | $131.9M | ||
| Q1 25 | $160.7M | $140.1M | ||
| Q4 24 | $129.7M | $215.2M | ||
| Q3 24 | $134.3M | $183.8M | ||
| Q2 24 | $145.8M | $141.7M | ||
| Q1 24 | $127.4M | $142.2M |
净利润IIINLCUT
| Q4 25 | $7.6M | $18.2M | ||
| Q3 25 | $14.6M | $-1.2M | ||
| Q2 25 | $15.2M | $-39.7M | ||
| Q1 25 | $10.2M | $-4.2M | ||
| Q4 24 | $1.1M | $8.9M | ||
| Q3 24 | $4.7M | $344.0K | ||
| Q2 24 | $6.6M | $-18.2M | ||
| Q1 24 | $6.9M | $-6.3M |
毛利率IIINLCUT
| Q4 25 | 11.3% | 38.6% | ||
| Q3 25 | 16.1% | 35.1% | ||
| Q2 25 | 17.1% | 38.6% | ||
| Q1 25 | 15.3% | 36.1% | ||
| Q4 24 | 7.3% | 37.7% | ||
| Q3 24 | 9.1% | 36.7% | ||
| Q2 24 | 10.6% | 38.5% | ||
| Q1 24 | 12.3% | 40.5% |
营业利润率IIINLCUT
| Q4 25 | 6.0% | 9.8% | ||
| Q3 25 | 10.8% | 3.9% | ||
| Q2 25 | 11.0% | -28.2% | ||
| Q1 25 | 8.3% | 0.8% | ||
| Q4 24 | 1.1% | 7.2% | ||
| Q3 24 | 4.5% | 4.7% | ||
| Q2 24 | 6.0% | 0.8% | ||
| Q1 24 | 7.0% | 1.3% |
净利率IIINLCUT
| Q4 25 | 4.7% | 8.9% | ||
| Q3 25 | 8.2% | -0.7% | ||
| Q2 25 | 8.4% | -30.1% | ||
| Q1 25 | 6.4% | -3.0% | ||
| Q4 24 | 0.8% | 4.1% | ||
| Q3 24 | 3.5% | 0.2% | ||
| Q2 24 | 4.5% | -12.8% | ||
| Q1 24 | 5.4% | -4.4% |
每股收益（稀释后）IIINLCUT
| Q4 25 | $0.39 | $0.83 | ||
| Q3 25 | $0.74 | $-0.05 | ||
| Q2 25 | $0.78 | $-1.83 | ||
| Q1 25 | $0.52 | $-0.19 | ||
| Q4 24 | $0.06 | $0.41 | ||
| Q3 24 | $0.24 | $0.02 | ||
| Q2 24 | $0.34 | $-0.85 | ||
| Q1 24 | $0.35 | $-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 | $15.6M | $4.3M |
| 总债务越低越好 | — | $135.0M |
| 股东权益账面价值 | $358.8M | $202.3M |
| 总资产 | $456.1M | $572.6M |
| 负债/权益比越低杠杆越低 | — | 0.67× |
8季度趋势，按日历期对齐
现金及短期投资IIINLCUT
| Q4 25 | $15.6M | $4.3M | ||
| Q3 25 | $38.6M | $12.1M | ||
| Q2 25 | $53.7M | $12.0M | ||
| Q1 25 | $28.4M | $10.4M | ||
| Q4 24 | $36.0M | $2.9M | ||
| Q3 24 | $111.5M | $6.0M | ||
| Q2 24 | $97.7M | $3.4M | ||
| Q1 24 | $83.9M | $4.6M |
总债务IIINLCUT
| Q4 25 | — | $135.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $142.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IIINLCUT
| Q4 25 | $358.8M | $202.3M | ||
| Q3 25 | $371.5M | $184.6M | ||
| Q2 25 | $356.2M | $185.8M | ||
| Q1 25 | $341.4M | $225.7M | ||
| Q4 24 | $331.6M | $229.9M | ||
| Q3 24 | $350.9M | $220.9M | ||
| Q2 24 | $346.0M | $219.8M | ||
| Q1 24 | $340.6M | $223.7M |
总资产IIINLCUT
| Q4 25 | $456.1M | $572.6M | ||
| Q3 25 | $462.6M | $581.1M | ||
| Q2 25 | $471.9M | $551.9M | ||
| Q1 25 | $421.9M | $594.6M | ||
| Q4 24 | $404.7M | $634.3M | ||
| Q3 24 | $422.6M | $668.7M | ||
| Q2 24 | $414.6M | $617.0M | ||
| Q1 24 | $397.2M | $602.7M |
负债/权益比IIINLCUT
| Q4 25 | — | 0.67× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.62× | ||
| 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 | $-701.0K | $3.7M |
| 自由现金流经营现金流 - 资本支出 | $-2.2M | $2.6M |
| 自由现金流率自由现金流/营收 | -1.4% | 1.3% |
| 资本支出强度资本支出/营收 | 0.9% | 0.6% |
| 现金转化率经营现金流/净利润 | -0.09× | 0.21× |
| 过去12个月自由现金流最近4个季度 | $439.0K | $3.3M |
8季度趋势，按日历期对齐
经营现金流IIINLCUT
| Q4 25 | $-701.0K | $3.7M | ||
| Q3 25 | $-17.0M | $-22.2M | ||
| Q2 25 | $28.5M | $9.3M | ||
| Q1 25 | $-3.3M | $16.7M | ||
| Q4 24 | $19.0M | $20.3M | ||
| Q3 24 | $16.2M | $-22.7M | ||
| Q2 24 | $18.8M | $10.4M | ||
| Q1 24 | $1.4M | $10.5M |
自由现金流IIINLCUT
| Q4 25 | $-2.2M | $2.6M | ||
| Q3 25 | $-18.7M | $-22.7M | ||
| Q2 25 | $26.9M | $8.2M | ||
| Q1 25 | $-5.5M | $15.1M | ||
| Q4 24 | $16.3M | $19.7M | ||
| Q3 24 | $14.5M | $-23.2M | ||
| Q2 24 | $15.5M | $9.9M | ||
| Q1 24 | $-580.0K | $9.9M |
自由现金流率IIINLCUT
| Q4 25 | -1.4% | 1.3% | ||
| Q3 25 | -10.6% | -13.2% | ||
| Q2 25 | 15.0% | 6.2% | ||
| Q1 25 | -3.5% | 10.8% | ||
| Q4 24 | 12.6% | 9.1% | ||
| Q3 24 | 10.8% | -12.6% | ||
| Q2 24 | 10.7% | 7.0% | ||
| Q1 24 | -0.5% | 7.0% |
资本支出强度IIINLCUT
| Q4 25 | 0.9% | 0.6% | ||
| Q3 25 | 1.0% | 0.3% | ||
| Q2 25 | 0.9% | 0.9% | ||
| Q1 25 | 1.4% | 1.1% | ||
| Q4 24 | 2.1% | 0.3% | ||
| Q3 24 | 1.3% | 0.3% | ||
| Q2 24 | 2.2% | 0.4% | ||
| Q1 24 | 1.5% | 0.4% |
现金转化率IIINLCUT
| Q4 25 | -0.09× | 0.21× | ||
| Q3 25 | -1.17× | — | ||
| Q2 25 | 1.88× | — | ||
| Q1 25 | -0.32× | — | ||
| Q4 24 | 17.56× | 2.28× | ||
| Q3 24 | 3.48× | -65.89× | ||
| Q2 24 | 2.86× | — | ||
| Q1 24 | 0.20× | — |
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
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
