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埃培智集团（IPG）与史密斯菲尔德食品（SFD）财务数据对比。点击上方公司名可切换其他公司
史密斯菲尔德食品的季度营收约是埃培智集团的1.8倍（$3.8B vs $2.1B），史密斯菲尔德食品净利率更高（6.6% vs 5.8%，领先0.7%），史密斯菲尔德食品同比增速更快（0.8% vs -4.8%），过去两年史密斯菲尔德食品的营收复合增速更高（5.5% 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。
史密斯菲尔德食品是全球规模最大的生猪养殖与猪肉加工企业，1936年由卢特父子创立，总部位于美国弗吉尼亚州史密斯菲尔德，现隶属于香港企业。公司在美国自营超500个农场，还与2000余家独立农场合作养殖生猪，业务覆盖墨西哥、波兰、德国等多个海外市场。
IPG vs SFD — 直观对比
营收规模更大
SFD
是对方的1.8倍
$2.1B
营收增速更快
SFD
高出5.5%
-4.8%
净利率更高
SFD
高出0.7%
5.8%
两年增速更快
SFD
近两年复合增速
-9.1%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $3.8B |
| 净利润 | $124.2M | $249.0M |
| 毛利率 | — | 13.4% |
| 营业利润率 | 10.3% | 8.8% |
| 净利率 | 5.8% | 6.6% |
| 营收同比 | -4.8% | 0.8% |
| 净利润同比 | 517.9% | 9.7% |
| 每股收益（稀释后） | $0.34 | — |
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IPGSFD
| Q1 26 | — | $3.8B | ||
| Q4 25 | — | $4.2B | ||
| Q3 25 | $2.1B | $3.7B | ||
| Q2 25 | $2.2B | $3.8B | ||
| Q1 25 | $2.0B | $3.8B | ||
| Q4 24 | $2.4B | $4.0B | ||
| Q3 24 | $2.2B | $3.3B | ||
| Q2 24 | $2.3B | $3.4B |
净利润IPGSFD
| Q1 26 | — | $249.0M | ||
| Q4 25 | — | $327.0M | ||
| Q3 25 | $124.2M | $248.0M | ||
| Q2 25 | $162.5M | $188.0M | ||
| Q1 25 | $-85.4M | $224.0M | ||
| Q4 24 | $344.5M | $205.0M | ||
| Q3 24 | $20.1M | $291.0M | ||
| Q2 24 | $214.5M | $301.0M |
毛利率IPGSFD
| Q1 26 | — | 13.4% | ||
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 12.8% | ||
| Q2 25 | — | 13.2% | ||
| Q1 25 | -3.2% | 13.5% | ||
| Q4 24 | 10.1% | 13.5% | ||
| Q3 24 | 2.9% | 14.3% | ||
| Q2 24 | 1.2% | 15.4% |
营业利润率IPGSFD
| Q1 26 | — | 8.8% | ||
| Q4 25 | — | 9.5% | ||
| Q3 25 | 10.3% | 8.3% | ||
| Q2 25 | 11.2% | 6.9% | ||
| Q1 25 | -2.1% | 8.5% | ||
| Q4 24 | 23.3% | 8.5% | ||
| Q3 24 | 5.9% | 8.5% | ||
| Q2 24 | 13.7% | 9.8% |
净利率IPGSFD
| Q1 26 | — | 6.6% | ||
| Q4 25 | — | 7.7% | ||
| Q3 25 | 5.8% | 6.6% | ||
| Q2 25 | 7.5% | 5.0% | ||
| Q1 25 | -4.3% | 5.9% | ||
| Q4 24 | 14.1% | 5.2% | ||
| Q3 24 | 0.9% | 8.7% | ||
| Q2 24 | 9.2% | 8.8% |
每股收益（稀释后）IPGSFD
| Q1 26 | — | — | ||
| Q4 25 | — | $0.83 | ||
| Q3 25 | $0.34 | $0.63 | ||
| Q2 25 | $0.44 | $0.48 | ||
| Q1 25 | $-0.23 | $0.57 | ||
| Q4 24 | $0.92 | $0.54 | ||
| Q3 24 | $0.05 | $0.77 | ||
| Q2 24 | $0.57 | $0.79 |
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 | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.7B | $6.9B |
| 总资产 | $17.0B | $12.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资IPGSFD
| Q1 26 | — | $1.4B | ||
| Q4 25 | — | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — |
总债务IPGSFD
| Q1 26 | — | — | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IPGSFD
| Q1 26 | — | $6.9B | ||
| Q4 25 | — | $6.8B | ||
| Q3 25 | $3.7B | $6.5B | ||
| Q2 25 | $3.7B | $6.3B | ||
| Q1 25 | $3.6B | $6.2B | ||
| Q4 24 | $3.8B | $5.8B | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.8B | — |
总资产IPGSFD
| Q1 26 | — | $12.0B | ||
| Q4 25 | — | $12.2B | ||
| Q3 25 | $17.0B | $11.5B | ||
| Q2 25 | $17.0B | $11.2B | ||
| Q1 25 | $17.1B | $11.1B | ||
| Q4 24 | $18.3B | $11.1B | ||
| Q3 24 | $17.1B | — | ||
| Q2 24 | $17.0B | — |
负债/权益比IPGSFD
| Q1 26 | — | — | ||
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.32× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.34× | ||
| 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 | $180.1M | — |
| 自由现金流经营现金流 - 资本支出 | $153.6M | — |
| 自由现金流率自由现金流/营收 | 7.2% | — |
| 资本支出强度资本支出/营收 | 1.2% | 2.3% |
| 现金转化率经营现金流/净利润 | 1.45× | — |
| 过去12个月自由现金流最近4个季度 | $806.8M | — |
8季度趋势，按日历期对齐
经营现金流IPGSFD
| Q1 26 | — | — | ||
| Q4 25 | — | $938.0M | ||
| Q3 25 | $180.1M | $13.0M | ||
| Q2 25 | $-96.0M | $274.0M | ||
| Q1 25 | $-37.0M | $-166.0M | ||
| Q4 24 | $868.1M | — | ||
| Q3 24 | $223.8M | — | ||
| Q2 24 | $120.7M | — |
自由现金流IPGSFD
| Q1 26 | — | — | ||
| Q4 25 | — | $842.0M | ||
| Q3 25 | $153.6M | $-75.0M | ||
| Q2 25 | $-121.8M | $196.0M | ||
| Q1 25 | $-58.5M | $-245.0M | ||
| Q4 24 | $833.5M | — | ||
| Q3 24 | $186.5M | — | ||
| Q2 24 | $85.9M | — |
自由现金流率IPGSFD
| Q1 26 | — | — | ||
| Q4 25 | — | 19.9% | ||
| Q3 25 | 7.2% | -2.0% | ||
| Q2 25 | -5.6% | 5.2% | ||
| Q1 25 | -2.9% | -6.5% | ||
| Q4 24 | 34.2% | — | ||
| Q3 24 | 8.3% | — | ||
| Q2 24 | 3.7% | — |
资本支出强度IPGSFD
| Q1 26 | — | 2.3% | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | 1.2% | 2.3% | ||
| Q2 25 | 1.2% | 2.1% | ||
| Q1 25 | 1.1% | 2.1% | ||
| Q4 24 | 1.4% | 2.1% | ||
| Q3 24 | 1.7% | 2.8% | ||
| Q2 24 | 1.5% | 2.3% |
现金转化率IPGSFD
| Q1 26 | — | — | ||
| Q4 25 | — | 2.87× | ||
| Q3 25 | 1.45× | 0.05× | ||
| Q2 25 | -0.59× | 1.46× | ||
| Q1 25 | — | -0.74× | ||
| Q4 24 | 2.52× | — | ||
| Q3 24 | 11.13× | — | ||
| Q2 24 | 0.56× | — |
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% |
SFD
暂无分部数据
