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宜瑞安（INGR）与Primo Brands Corp（PRMB）财务数据对比。点击上方公司名可切换其他公司
宜瑞安的季度营收约是Primo Brands Corp的1.1倍（$1.8B vs $1.6B），宜瑞安净利率更高（9.5% vs 1.7%，领先7.8%），Primo Brands Corp同比增速更快（0.8% vs -2.4%），过去两年Primo Brands Corp的营收复合增速更高（19.7% vs -3.4%）
宜瑞安（Ingredion Inc.）是总部位于美国伊利诺伊州的食品饮料配料供应商，主打产品包括淀粉、非转基因甜味剂、甜菊糖、豌豆蛋白等，以玉米、木薯、马铃薯、谷物、果蔬等为原料，产品供应食品、饮料、酿造、制药等多个行业，在全球44个站点拥有约1.2万名员工，客户覆盖超120个国家。
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
INGR vs PRMB — 直观对比
营收规模更大
INGR
是对方的1.1倍
$1.6B
营收增速更快
PRMB
高出3.2%
-2.4%
净利率更高
INGR
高出7.8%
1.7%
两年增速更快
PRMB
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.6B |
| 净利润 | $167.0M | $27.3M |
| 毛利率 | 24.5% | 28.6% |
| 营业利润率 | 12.5% | 8.5% |
| 净利率 | 9.5% | 1.7% |
| 营收同比 | -2.4% | 0.8% |
| 净利润同比 | 72.2% | -4.9% |
| 每股收益（稀释后） | $2.58 | $0.07 |
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INGRPRMB
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.8B | $1.6B | ||
| Q3 25 | $1.8B | $1.8B | ||
| Q2 25 | $1.8B | $1.7B | ||
| Q1 25 | $1.8B | $1.6B | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.9B | $0 | ||
| Q2 24 | $1.9B | $1.3B |
净利润INGRPRMB
| Q1 26 | — | $27.3M | ||
| Q4 25 | $167.0M | $-13.0M | ||
| Q3 25 | $171.0M | $16.8M | ||
| Q2 25 | $196.0M | $27.6M | ||
| Q1 25 | $197.0M | $28.7M | ||
| Q4 24 | $97.0M | — | ||
| Q3 24 | $188.0M | $-2.0K | ||
| Q2 24 | $148.0M | $54.5M |
毛利率INGRPRMB
| Q1 26 | — | 28.6% | ||
| Q4 25 | 24.5% | 27.7% | ||
| Q3 25 | 25.1% | 29.9% | ||
| Q2 25 | 26.0% | 31.3% | ||
| Q1 25 | 25.7% | 32.3% | ||
| Q4 24 | 24.9% | — | ||
| Q3 24 | 25.6% | — | ||
| Q2 24 | 23.7% | 32.7% |
营业利润率INGRPRMB
| Q1 26 | — | 8.5% | ||
| Q4 25 | 12.5% | 1.2% | ||
| Q3 25 | 13.7% | 8.3% | ||
| Q2 25 | 14.8% | 6.5% | ||
| Q1 25 | 15.2% | 9.5% | ||
| Q4 24 | 9.0% | — | ||
| Q3 24 | 14.3% | — | ||
| Q2 24 | 12.8% | 12.1% |
净利率INGRPRMB
| Q1 26 | — | 1.7% | ||
| Q4 25 | 9.5% | -0.8% | ||
| Q3 25 | 9.4% | 1.0% | ||
| Q2 25 | 10.7% | 1.6% | ||
| Q1 25 | 10.9% | 1.8% | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | 10.1% | — | ||
| Q2 24 | 7.9% | 4.1% |
每股收益（稀释后）INGRPRMB
| Q1 26 | — | $0.07 | ||
| Q4 25 | $2.58 | $-0.03 | ||
| Q3 25 | $2.61 | $0.04 | ||
| Q2 25 | $2.99 | $0.07 | ||
| Q1 25 | $3.00 | $0.08 | ||
| Q4 24 | $1.43 | — | ||
| Q3 24 | $2.83 | $-20.00 | ||
| Q2 24 | $2.22 | $0.25 |
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 | $1.0B | — |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $4.3B | $3.0B |
| 总资产 | $7.9B | $10.6B |
| 负债/权益比越低杠杆越低 | — | 1.74× |
8季度趋势，按日历期对齐
现金及短期投资INGRPRMB
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $376.7M | ||
| Q3 25 | $915.0M | — | ||
| Q2 25 | $861.0M | — | ||
| Q1 25 | $837.0M | — | ||
| Q4 24 | $997.0M | — | ||
| Q3 24 | $877.0M | — | ||
| Q2 24 | $505.0M | — |
总债务INGRPRMB
| Q1 26 | — | $5.2B | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | — | $5.1B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益INGRPRMB
| Q1 26 | — | $3.0B | ||
| Q4 25 | $4.3B | $3.0B | ||
| Q3 25 | $4.2B | $3.2B | ||
| Q2 25 | $4.2B | $3.2B | ||
| Q1 25 | $4.0B | $3.3B | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $4.0B | $-2.0K | ||
| Q2 24 | $3.7B | $-296.8M |
总资产INGRPRMB
| Q1 26 | — | $10.6B | ||
| Q4 25 | $7.9B | $10.6B | ||
| Q3 25 | $7.8B | $11.0B | ||
| Q2 25 | $7.8B | $11.0B | ||
| Q1 25 | $7.5B | $11.0B | ||
| Q4 24 | $7.4B | — | ||
| Q3 24 | $7.5B | $0 | ||
| Q2 24 | $7.2B | — |
负债/权益比INGRPRMB
| Q1 26 | — | 1.74× | ||
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | 1.61× | ||
| Q2 25 | — | 1.57× | ||
| Q1 25 | — | 1.51× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $405.0M | $103.8M |
| 自由现金流经营现金流 - 资本支出 | $270.0M | — |
| 自由现金流率自由现金流/营收 | 15.4% | — |
| 资本支出强度资本支出/营收 | 7.7% | 2.9% |
| 现金转化率经营现金流/净利润 | 2.43× | 3.80× |
| 过去12个月自由现金流最近4个季度 | $511.0M | — |
8季度趋势，按日历期对齐
经营现金流INGRPRMB
| Q1 26 | — | $103.8M | ||
| Q4 25 | $405.0M | $203.1M | ||
| Q3 25 | $277.0M | $283.4M | ||
| Q2 25 | $185.0M | $155.0M | ||
| Q1 25 | $77.0M | $38.8M | ||
| Q4 24 | $436.0M | — | ||
| Q3 24 | $479.0M | $0 | ||
| Q2 24 | $312.0M | $102.5M |
自由现金流INGRPRMB
| Q1 26 | — | — | ||
| Q4 25 | $270.0M | $57.3M | ||
| Q3 25 | $172.0M | $167.7M | ||
| Q2 25 | $84.0M | $101.1M | ||
| Q1 25 | $-15.0M | $-23.2M | ||
| Q4 24 | $311.0M | — | ||
| Q3 24 | $429.0M | — | ||
| Q2 24 | $257.0M | $61.4M |
自由现金流率INGRPRMB
| Q1 26 | — | — | ||
| Q4 25 | 15.4% | 3.7% | ||
| Q3 25 | 9.5% | 9.5% | ||
| Q2 25 | 4.6% | 5.8% | ||
| Q1 25 | -0.8% | -1.4% | ||
| Q4 24 | 17.3% | — | ||
| Q3 24 | 22.9% | — | ||
| Q2 24 | 13.7% | 4.7% |
资本支出强度INGRPRMB
| Q1 26 | — | 2.9% | ||
| Q4 25 | 7.7% | 9.4% | ||
| Q3 25 | 5.8% | 6.6% | ||
| Q2 25 | 5.5% | 3.1% | ||
| Q1 25 | 5.1% | 3.8% | ||
| Q4 24 | 6.9% | — | ||
| Q3 24 | 2.7% | — | ||
| Q2 24 | 2.9% | 3.1% |
现金转化率INGRPRMB
| Q1 26 | — | 3.80× | ||
| Q4 25 | 2.43× | — | ||
| Q3 25 | 1.62× | 16.87× | ||
| Q2 25 | 0.94× | 5.62× | ||
| Q1 25 | 0.39× | 1.35× | ||
| Q4 24 | 4.49× | — | ||
| Q3 24 | 2.55× | — | ||
| Q2 24 | 2.11× | 1.88× |
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
INGR
| Food And Industrial Ingredients LATAM Segment | $599.0M | 34% |
| Texture And Healthful Solutions Segment | $598.0M | 34% |
| Food And Industrial Ingredients U.S.Canada Segment | $486.0M | 28% |
| Other | $74.0M | 4% |
PRMB
| Regional spring water | $801.2M | 49% |
| Purified water | $511.2M | 31% |
| Other | $208.2M | 13% |
| Premium water | $105.5M | 6% |
