vs
埃培智集团（IPG）与Post Holdings, Inc.（POST）财务数据对比。点击上方公司名可切换其他公司
Post Holdings, Inc.的季度营收约是埃培智集团的1.0倍（$2.2B vs $2.1B），埃培智集团净利率更高（5.8% vs 4.5%，领先1.4%），Post Holdings, Inc.同比增速更快（10.1% vs -4.8%），埃培智集团自由现金流更多（$153.6M vs $119.3M），过去两年Post Holdings, Inc.的营收复合增速更高（4.3% vs -9.1%）
埃培智集团（IPG）是总部位于美国纽约的广告营销传播集团，旗下拥有FCB、IPG盟博、麦肯世界集团、睿狮集团等五大核心业务网络，以及公关、体育营销、艺人经纪、医疗营销等领域的多家专业独立代理商，被宏盟收购前是与WPP、阳狮、宏盟齐名的全球广告行业“四大集团”之一。
Post Holdings, Inc.是美国头部包装消费品食品生产商，旗下拥有知名食品业务板块Post Consumer Brands，总部坐落于明尼苏达州莱克维尔，其生产的食品类快消品覆盖北美及全球多个市场，深受消费者喜爱。
IPG vs POST — 直观对比
营收规模更大
POST
是对方的1.0倍
$2.1B
营收增速更快
POST
高出14.9%
-4.8%
净利率更高
IPG
高出1.4%
4.5%
自由现金流更多
IPG
多$34.3M
$119.3M
两年增速更快
POST
近两年复合增速
-9.1%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.2B |
| 净利润 | $124.2M | $96.8M |
| 毛利率 | — | 29.4% |
| 营业利润率 | 10.3% | 11.0% |
| 净利率 | 5.8% | 4.5% |
| 营收同比 | -4.8% | 10.1% |
| 净利润同比 | 517.9% | -14.6% |
| 每股收益（稀释后） | $0.34 | $1.71 |
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IPGPOST
| Q4 25 | — | $2.2B | ||
| Q3 25 | $2.1B | $2.2B | ||
| Q2 25 | $2.2B | $2.0B | ||
| Q1 25 | $2.0B | $2.0B | ||
| Q4 24 | $2.4B | $2.0B | ||
| Q3 24 | $2.2B | $2.0B | ||
| Q2 24 | $2.3B | $1.9B | ||
| Q1 24 | $2.2B | $2.0B |
净利润IPGPOST
| Q4 25 | — | $96.8M | ||
| Q3 25 | $124.2M | $51.0M | ||
| Q2 25 | $162.5M | $108.8M | ||
| Q1 25 | $-85.4M | $62.6M | ||
| Q4 24 | $344.5M | $113.3M | ||
| Q3 24 | $20.1M | $81.6M | ||
| Q2 24 | $214.5M | $99.8M | ||
| Q1 24 | $110.4M | $97.2M |
毛利率IPGPOST
| Q4 25 | — | 29.4% | ||
| Q3 25 | — | 26.8% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | -3.2% | 28.0% | ||
| Q4 24 | 10.1% | 30.1% | ||
| Q3 24 | 2.9% | 28.6% | ||
| Q2 24 | 1.2% | 29.6% | ||
| Q1 24 | -1.1% | 29.0% |
营业利润率IPGPOST
| Q4 25 | — | 11.0% | ||
| Q3 25 | 10.3% | 7.5% | ||
| Q2 25 | 11.2% | 11.8% | ||
| Q1 25 | -2.1% | 9.3% | ||
| Q4 24 | 23.3% | 10.8% | ||
| Q3 24 | 5.9% | 9.5% | ||
| Q2 24 | 13.7% | 10.4% | ||
| Q1 24 | 8.4% | 9.5% |
净利率IPGPOST
| Q4 25 | — | 4.5% | ||
| Q3 25 | 5.8% | 2.3% | ||
| Q2 25 | 7.5% | 5.5% | ||
| Q1 25 | -4.3% | 3.2% | ||
| Q4 24 | 14.1% | 5.7% | ||
| Q3 24 | 0.9% | 4.1% | ||
| Q2 24 | 9.2% | 5.1% | ||
| Q1 24 | 5.1% | 4.9% |
每股收益（稀释后）IPGPOST
| Q4 25 | — | $1.71 | ||
| Q3 25 | $0.34 | $0.91 | ||
| Q2 25 | $0.44 | $1.79 | ||
| Q1 25 | $-0.23 | $1.03 | ||
| Q4 24 | $0.92 | $1.78 | ||
| Q3 24 | $0.05 | $1.28 | ||
| Q2 24 | $0.57 | $1.53 | ||
| Q1 24 | $0.29 | $1.48 |
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 | $1.5B | $279.3M |
| 总债务越低越好 | — | $7.5B |
| 股东权益账面价值 | $3.7B | $3.5B |
| 总资产 | $17.0B | $13.0B |
| 负债/权益比越低杠杆越低 | — | 2.16× |
8季度趋势，按日历期对齐
现金及短期投资IPGPOST
| Q4 25 | — | $279.3M | ||
| Q3 25 | $1.5B | $176.7M | ||
| Q2 25 | $1.6B | $1.1B | ||
| Q1 25 | $1.9B | $617.6M | ||
| Q4 24 | $2.2B | $872.9M | ||
| Q3 24 | $1.5B | $787.4M | ||
| Q2 24 | $1.5B | $333.8M | ||
| Q1 24 | $1.9B | $333.4M |
总债务IPGPOST
| Q4 25 | — | $7.5B | ||
| Q3 25 | — | $7.4B | ||
| Q2 25 | — | $7.3B | ||
| Q1 25 | — | $6.9B | ||
| Q4 24 | — | $6.9B | ||
| Q3 24 | — | $6.8B | ||
| Q2 24 | — | $6.4B | ||
| Q1 24 | — | $6.4B |
股东权益IPGPOST
| Q4 25 | — | $3.5B | ||
| Q3 25 | $3.7B | $3.8B | ||
| Q2 25 | $3.7B | $4.0B | ||
| Q1 25 | $3.6B | $3.8B | ||
| Q4 24 | $3.8B | $3.9B | ||
| Q3 24 | $3.7B | $4.1B | ||
| Q2 24 | $3.8B | $3.9B | ||
| Q1 24 | $3.8B | $4.0B |
总资产IPGPOST
| Q4 25 | — | $13.0B | ||
| Q3 25 | $17.0B | $13.5B | ||
| Q2 25 | $17.0B | $13.4B | ||
| Q1 25 | $17.1B | $12.8B | ||
| Q4 24 | $18.3B | $12.8B | ||
| Q3 24 | $17.1B | $12.9B | ||
| Q2 24 | $17.0B | $12.1B | ||
| Q1 24 | $17.3B | $12.2B |
负债/权益比IPGPOST
| Q4 25 | — | 2.16× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | — | 1.84× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | — | 1.79× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.62× | ||
| Q1 24 | — | 1.61× |
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 | $180.1M | $235.7M |
| 自由现金流经营现金流 - 资本支出 | $153.6M | $119.3M |
| 自由现金流率自由现金流/营收 | 7.2% | 5.5% |
| 资本支出强度资本支出/营收 | 1.2% | 5.4% |
| 现金转化率经营现金流/净利润 | 1.45× | 2.43× |
| 过去12个月自由现金流最近4个季度 | $806.8M | $436.0M |
8季度趋势，按日历期对齐
经营现金流IPGPOST
| Q4 25 | — | $235.7M | ||
| Q3 25 | $180.1M | $301.3M | ||
| Q2 25 | $-96.0M | $225.9M | ||
| Q1 25 | $-37.0M | $160.7M | ||
| Q4 24 | $868.1M | $310.4M | ||
| Q3 24 | $223.8M | $235.4M | ||
| Q2 24 | $120.7M | $272.3M | ||
| Q1 24 | $-157.4M | $249.6M |
自由现金流IPGPOST
| Q4 25 | — | $119.3M | ||
| Q3 25 | $153.6M | $151.6M | ||
| Q2 25 | $-121.8M | $94.9M | ||
| Q1 25 | $-58.5M | $70.2M | ||
| Q4 24 | $833.5M | $171.4M | ||
| Q3 24 | $186.5M | $96.2M | ||
| Q2 24 | $85.9M | $161.5M | ||
| Q1 24 | $-192.5M | $150.9M |
自由现金流率IPGPOST
| Q4 25 | — | 5.5% | ||
| Q3 25 | 7.2% | 6.7% | ||
| Q2 25 | -5.6% | 4.8% | ||
| Q1 25 | -2.9% | 3.6% | ||
| Q4 24 | 34.2% | 8.7% | ||
| Q3 24 | 8.3% | 4.8% | ||
| Q2 24 | 3.7% | 8.3% | ||
| Q1 24 | -8.8% | 7.5% |
资本支出强度IPGPOST
| Q4 25 | — | 5.4% | ||
| Q3 25 | 1.2% | 6.7% | ||
| Q2 25 | 1.2% | 6.6% | ||
| Q1 25 | 1.1% | 4.6% | ||
| Q4 24 | 1.4% | 7.0% | ||
| Q3 24 | 1.7% | 6.9% | ||
| Q2 24 | 1.5% | 5.7% | ||
| Q1 24 | 1.6% | 4.9% |
现金转化率IPGPOST
| Q4 25 | — | 2.43× | ||
| Q3 25 | 1.45× | 5.91× | ||
| Q2 25 | -0.59× | 2.08× | ||
| Q1 25 | — | 2.57× | ||
| Q4 24 | 2.52× | 2.74× | ||
| Q3 24 | 11.13× | 2.88× | ||
| Q2 24 | 0.56× | 2.73× | ||
| Q1 24 | -1.43× | 2.57× |
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
IPG
| MDE | $619.0M | 29% |
| IAC | $574.9M | 27% |
| Other | $527.9M | 25% |
| SCE | $413.8M | 19% |
POST
| Post Consumer Brands Segment | $1.1B | 51% |
| Pet Food | $360.4M | 17% |
| Side Dishes | $221.5M | 10% |
| Weetabix | $137.9M | 6% |
| Other | $122.1M | 6% |
| Nut Butters | $105.8M | 5% |
| Sausage | $53.1M | 2% |
| Cheeseand Dairy | $41.3M | 2% |
| Protein Based Shakes | $29.3M | 1% |
| Bell Ring | $18.1M | 1% |
