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INTERPARFUMS INC（IPAR）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
INTERPARFUMS INC的季度营收约是百胜餐饮集团的1.9倍（$386.2M vs $204.1M），百胜餐饮集团净利率更高（8.9% vs 7.3%，领先1.6%），INTERPARFUMS INC同比增速更快（6.8% vs -5.2%），INTERPARFUMS INC自由现金流更多（$145.0M 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 9.2%）
Inter Parfums Inc是全球知名的高端香水企业，开发、生产并销售多款授权香水、身体护理及相关美妆产品，与多家顶级奢侈时尚生活方式品牌合作推出联名香氛系列，产品覆盖全球主要市场，通过百货、美妆专营店及官方电商渠道触达消费者。
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。
IPAR vs LCUT — 直观对比
营收规模更大
IPAR
是对方的1.9倍
$204.1M
营收增速更快
IPAR
高出12.0%
-5.2%
净利率更高
LCUT
高出1.6%
7.3%
自由现金流更多
IPAR
多$142.4M
$2.6M
两年增速更快
LCUT
近两年复合增速
9.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.2M | $204.1M |
| 净利润 | $28.1M | $18.2M |
| 毛利率 | 61.5% | 38.6% |
| 营业利润率 | 7.1% | 9.8% |
| 净利率 | 7.3% | 8.9% |
| 营收同比 | 6.8% | -5.2% |
| 净利润同比 | 16.0% | 103.5% |
| 每股收益（稀释后） | $0.88 | $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IPARLCUT
| Q4 25 | $386.2M | $204.1M | ||
| Q3 25 | $429.6M | $171.9M | ||
| Q2 25 | $333.9M | $131.9M | ||
| Q1 25 | $338.8M | $140.1M | ||
| Q4 24 | $361.5M | $215.2M | ||
| Q3 24 | $424.6M | $183.8M | ||
| Q2 24 | $342.2M | $141.7M | ||
| Q1 24 | $324.0M | $142.2M |
净利润IPARLCUT
| Q4 25 | $28.1M | $18.2M | ||
| Q3 25 | $65.8M | $-1.2M | ||
| Q2 25 | $32.0M | $-39.7M | ||
| Q1 25 | $42.5M | $-4.2M | ||
| Q4 24 | $24.2M | $8.9M | ||
| Q3 24 | $62.3M | $344.0K | ||
| Q2 24 | $36.8M | $-18.2M | ||
| Q1 24 | $41.0M | $-6.3M |
毛利率IPARLCUT
| Q4 25 | 61.5% | 38.6% | ||
| Q3 25 | 63.5% | 35.1% | ||
| Q2 25 | 66.2% | 38.6% | ||
| Q1 25 | 63.7% | 36.1% | ||
| Q4 24 | 64.5% | 37.7% | ||
| Q3 24 | 63.9% | 36.7% | ||
| Q2 24 | 64.5% | 38.5% | ||
| Q1 24 | 62.5% | 40.5% |
营业利润率IPARLCUT
| Q4 25 | 7.1% | 9.8% | ||
| Q3 25 | 25.3% | 3.9% | ||
| Q2 25 | 17.7% | -28.2% | ||
| Q1 25 | 22.2% | 0.8% | ||
| Q4 24 | 10.0% | 7.2% | ||
| Q3 24 | 25.0% | 4.7% | ||
| Q2 24 | 18.9% | 0.8% | ||
| Q1 24 | 21.0% | 1.3% |
净利率IPARLCUT
| Q4 25 | 7.3% | 8.9% | ||
| Q3 25 | 15.3% | -0.7% | ||
| Q2 25 | 9.6% | -30.1% | ||
| Q1 25 | 12.5% | -3.0% | ||
| Q4 24 | 6.7% | 4.1% | ||
| Q3 24 | 14.7% | 0.2% | ||
| Q2 24 | 10.8% | -12.8% | ||
| Q1 24 | 12.7% | -4.4% |
每股收益（稀释后）IPARLCUT
| Q4 25 | $0.88 | $0.83 | ||
| Q3 25 | $2.05 | $-0.05 | ||
| Q2 25 | $0.99 | $-1.83 | ||
| Q1 25 | $1.32 | $-0.19 | ||
| Q4 24 | $0.78 | $0.41 | ||
| Q3 24 | $1.93 | $0.02 | ||
| Q2 24 | $1.14 | $-0.85 | ||
| Q1 24 | $1.27 | $-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 | $137.1M | $4.3M |
| 总债务越低越好 | $176.0M | $135.0M |
| 股东权益账面价值 | $880.7M | $202.3M |
| 总资产 | $1.6B | $572.6M |
| 负债/权益比越低杠杆越低 | 0.20× | 0.67× |
8季度趋势，按日历期对齐
现金及短期投资IPARLCUT
| Q4 25 | $137.1M | $4.3M | ||
| Q3 25 | $77.5M | $12.1M | ||
| Q2 25 | $53.9M | $12.0M | ||
| Q1 25 | $75.3M | $10.4M | ||
| Q4 24 | $109.3M | $2.9M | ||
| Q3 24 | $78.8M | $6.0M | ||
| Q2 24 | $37.7M | $3.4M | ||
| Q1 24 | $76.1M | $4.6M |
总债务IPARLCUT
| Q4 25 | $176.0M | $135.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $157.3M | $142.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IPARLCUT
| Q4 25 | $880.7M | $202.3M | ||
| Q3 25 | $870.9M | $184.6M | ||
| Q2 25 | $839.4M | $185.8M | ||
| Q1 25 | $788.6M | $225.7M | ||
| Q4 24 | $744.9M | $229.9M | ||
| Q3 24 | $778.5M | $220.9M | ||
| Q2 24 | $717.1M | $219.8M | ||
| Q1 24 | $708.1M | $223.7M |
总资产IPARLCUT
| Q4 25 | $1.6B | $572.6M | ||
| Q3 25 | $1.6B | $581.1M | ||
| Q2 25 | $1.6B | $551.9M | ||
| Q1 25 | $1.4B | $594.6M | ||
| Q4 24 | $1.4B | $634.3M | ||
| Q3 24 | $1.5B | $668.7M | ||
| Q2 24 | $1.4B | $617.0M | ||
| Q1 24 | $1.3B | $602.7M |
负债/权益比IPARLCUT
| Q4 25 | 0.20× | 0.67× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | 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 | $146.5M | $3.7M |
| 自由现金流经营现金流 - 资本支出 | $145.0M | $2.6M |
| 自由现金流率自由现金流/营收 | 37.5% | 1.3% |
| 资本支出强度资本支出/营收 | 0.4% | 0.6% |
| 现金转化率经营现金流/净利润 | 5.21× | 0.21× |
| 过去12个月自由现金流最近4个季度 | $190.5M | $3.3M |
8季度趋势，按日历期对齐
经营现金流IPARLCUT
| Q4 25 | $146.5M | $3.7M | ||
| Q3 25 | $63.9M | $-22.2M | ||
| Q2 25 | $11.9M | $9.3M | ||
| Q1 25 | $-7.4M | $16.7M | ||
| Q4 24 | $138.0M | $20.3M | ||
| Q3 24 | $76.1M | $-22.7M | ||
| Q2 24 | $25.5M | $10.4M | ||
| Q1 24 | $-52.0M | $10.5M |
自由现金流IPARLCUT
| Q4 25 | $145.0M | $2.6M | ||
| Q3 25 | $57.6M | $-22.7M | ||
| Q2 25 | $-3.3M | $8.2M | ||
| Q1 25 | $-8.8M | $15.1M | ||
| Q4 24 | $136.1M | $19.7M | ||
| Q3 24 | $75.4M | $-23.2M | ||
| Q2 24 | $24.4M | $9.9M | ||
| Q1 24 | $-53.0M | $9.9M |
自由现金流率IPARLCUT
| Q4 25 | 37.5% | 1.3% | ||
| Q3 25 | 13.4% | -13.2% | ||
| Q2 25 | -1.0% | 6.2% | ||
| Q1 25 | -2.6% | 10.8% | ||
| Q4 24 | 37.7% | 9.1% | ||
| Q3 24 | 17.8% | -12.6% | ||
| Q2 24 | 7.1% | 7.0% | ||
| Q1 24 | -16.4% | 7.0% |
资本支出强度IPARLCUT
| Q4 25 | 0.4% | 0.6% | ||
| Q3 25 | 1.5% | 0.3% | ||
| Q2 25 | 4.5% | 0.9% | ||
| Q1 25 | 0.4% | 1.1% | ||
| Q4 24 | 0.5% | 0.3% | ||
| Q3 24 | 0.2% | 0.3% | ||
| Q2 24 | 0.3% | 0.4% | ||
| Q1 24 | 0.3% | 0.4% |
现金转化率IPARLCUT
| Q4 25 | 5.21× | 0.21× | ||
| Q3 25 | 0.97× | — | ||
| Q2 25 | 0.37× | — | ||
| Q1 25 | -0.17× | — | ||
| Q4 24 | 5.69× | 2.28× | ||
| Q3 24 | 1.22× | -65.89× | ||
| Q2 24 | 0.69× | — | ||
| Q1 24 | -1.27× | — |
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
IPAR
| European Based Operations | $232.7M | 60% |
| United States Based Operations | $155.2M | 40% |
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
