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高德纳（IT）与怪兽饮料（MNST）财务数据对比。点击上方公司名可切换其他公司
怪兽饮料的季度营收约是高德纳的1.2倍（$2.1B vs $1.8B），怪兽饮料净利率更高（21.1% vs 13.8%，领先7.3%），怪兽饮料同比增速更快（17.6% vs 2.2%），怪兽饮料自由现金流更多（$351.2M vs $270.7M），过去两年高德纳的营收复合增速更高（9.1% vs 5.9%）
高德纳是美国专注于商业与科技领域的研究咨询机构，服务客户覆盖大型企业、政府机构、科技公司、投资机构等群体，通过输出研究报告、举办行业峰会、提供定制咨询等形式，为客户决策提供权威专业的洞见支撑。
怪兽饮料是美国知名饮品企业，旗下拥有魔爪、Relentless、Reign、Burn等多款畅销能量饮料产品。公司1935年创立于美国南加州，前身为Hansen's，最初主营果汁产品，2012年正式更为现名。
IT vs MNST — 直观对比
营收规模更大
MNST
是对方的1.2倍
$1.8B
营收增速更快
MNST
高出15.4%
2.2%
净利率更高
MNST
高出7.3%
13.8%
自由现金流更多
MNST
多$80.5M
$270.7M
两年增速更快
IT
近两年复合增速
5.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $2.1B |
| 净利润 | $242.2M | $449.2M |
| 毛利率 | 67.8% | 55.5% |
| 营业利润率 | 19.1% | 25.5% |
| 净利率 | 13.8% | 21.1% |
| 营收同比 | 2.2% | 17.6% |
| 净利润同比 | -39.2% | 65.9% |
| 每股收益（稀释后） | $3.36 | — |
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ITMNST
| Q4 25 | $1.8B | $2.1B | ||
| Q3 25 | $1.5B | $2.2B | ||
| Q2 25 | $1.7B | $2.1B | ||
| Q1 25 | $1.5B | $1.9B | ||
| Q4 24 | $1.7B | $1.8B | ||
| Q3 24 | $1.5B | $1.9B | ||
| Q2 24 | $1.6B | $1.9B | ||
| Q1 24 | $1.5B | $1.9B |
净利润ITMNST
| Q4 25 | $242.2M | $449.2M | ||
| Q3 25 | $35.4M | $524.5M | ||
| Q2 25 | $240.8M | $488.8M | ||
| Q1 25 | $210.9M | $443.0M | ||
| Q4 24 | $398.6M | $270.7M | ||
| Q3 24 | $415.0M | $370.9M | ||
| Q2 24 | $229.5M | $425.4M | ||
| Q1 24 | $210.5M | $442.0M |
毛利率ITMNST
| Q4 25 | 67.8% | 55.5% | ||
| Q3 25 | 69.3% | 55.7% | ||
| Q2 25 | 68.6% | 55.7% | ||
| Q1 25 | 69.4% | 56.5% | ||
| Q4 24 | 66.8% | 55.3% | ||
| Q3 24 | 68.4% | 53.2% | ||
| Q2 24 | 68.6% | 53.6% | ||
| Q1 24 | 69.4% | 54.1% |
营业利润率ITMNST
| Q4 25 | 19.1% | 25.5% | ||
| Q3 25 | 5.7% | 30.7% | ||
| Q2 25 | 19.4% | 29.9% | ||
| Q1 25 | 18.1% | 30.7% | ||
| Q4 24 | 18.5% | 21.0% | ||
| Q3 24 | 16.6% | 25.5% | ||
| Q2 24 | 20.0% | 27.7% | ||
| Q1 24 | 18.6% | 28.5% |
净利率ITMNST
| Q4 25 | 13.8% | 21.1% | ||
| Q3 25 | 2.3% | 23.9% | ||
| Q2 25 | 14.3% | 23.1% | ||
| Q1 25 | 13.7% | 23.9% | ||
| Q4 24 | 23.2% | 14.9% | ||
| Q3 24 | 28.0% | 19.7% | ||
| Q2 24 | 14.4% | 22.4% | ||
| Q1 24 | 14.3% | 23.3% |
每股收益（稀释后）ITMNST
| Q4 25 | $3.36 | — | ||
| Q3 25 | $0.47 | — | ||
| Q2 25 | $3.11 | — | ||
| Q1 25 | $2.71 | — | ||
| Q4 24 | $5.08 | — | ||
| Q3 24 | $5.32 | — | ||
| Q2 24 | $2.93 | — | ||
| Q1 24 | $2.67 | — |
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 | $1.7B | $2.8B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $319.9M | $8.3B |
| 总资产 | $8.1B | $10.0B |
| 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ITMNST
| Q4 25 | $1.7B | $2.8B | ||
| Q3 25 | $1.4B | $2.6B | ||
| Q2 25 | $2.2B | $2.1B | ||
| Q1 25 | $2.1B | $1.9B | ||
| Q4 24 | $1.9B | $1.5B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $1.2B | $1.6B | ||
| Q1 24 | $1.2B | $3.6B |
总债务ITMNST
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $199.1M | ||
| Q4 24 | — | $374.0M | ||
| Q3 24 | — | $748.8M | ||
| Q2 24 | — | $748.7M | ||
| Q1 24 | — | — |
股东权益ITMNST
| Q4 25 | $319.9M | $8.3B | ||
| Q3 25 | $556.6M | $7.7B | ||
| Q2 25 | $1.5B | $7.2B | ||
| Q1 25 | $1.5B | $6.5B | ||
| Q4 24 | $1.4B | $6.0B | ||
| Q3 24 | $1.1B | $5.8B | ||
| Q2 24 | $646.7M | $5.9B | ||
| Q1 24 | $718.2M | $8.6B |
总资产ITMNST
| Q4 25 | $8.1B | $10.0B | ||
| Q3 25 | $7.2B | $9.6B | ||
| Q2 25 | $8.3B | $8.7B | ||
| Q1 25 | $8.5B | $8.2B | ||
| Q4 24 | $8.5B | $7.7B | ||
| Q3 24 | $7.8B | $8.1B | ||
| Q2 24 | $7.4B | $8.1B | ||
| Q1 24 | $7.7B | $10.1B |
负债/权益比ITMNST
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 0.06× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.13× | ||
| 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 | $294.5M | $379.4M |
| 自由现金流经营现金流 - 资本支出 | $270.7M | $351.2M |
| 自由现金流率自由现金流/营收 | 15.4% | 16.5% |
| 资本支出强度资本支出/营收 | 1.4% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.22× | 0.84× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $2.0B |
8季度趋势，按日历期对齐
经营现金流ITMNST
| Q4 25 | $294.5M | $379.4M | ||
| Q3 25 | $298.7M | $745.1M | ||
| Q2 25 | $383.6M | $466.0M | ||
| Q1 25 | $313.5M | $507.6M | ||
| Q4 24 | $335.4M | $461.7M | ||
| Q3 24 | $590.8M | $618.4M | ||
| Q2 24 | $370.0M | $436.3M | ||
| Q1 24 | $188.8M | $412.1M |
自由现金流ITMNST
| Q4 25 | $270.7M | $351.2M | ||
| Q3 25 | $269.3M | $701.5M | ||
| Q2 25 | $347.3M | $434.6M | ||
| Q1 25 | $287.9M | $478.5M | ||
| Q4 24 | $311.4M | $370.4M | ||
| Q3 24 | $565.0M | $571.4M | ||
| Q2 24 | $340.6M | $376.5M | ||
| Q1 24 | $166.2M | $346.1M |
自由现金流率ITMNST
| Q4 25 | 15.4% | 16.5% | ||
| Q3 25 | 17.7% | 31.9% | ||
| Q2 25 | 20.6% | 20.6% | ||
| Q1 25 | 18.8% | 25.8% | ||
| Q4 24 | 18.2% | 20.4% | ||
| Q3 24 | 38.1% | 30.4% | ||
| Q2 24 | 21.4% | 19.8% | ||
| Q1 24 | 11.3% | 18.2% |
资本支出强度ITMNST
| Q4 25 | 1.4% | 1.3% | ||
| Q3 25 | 1.9% | 2.0% | ||
| Q2 25 | 2.1% | 1.5% | ||
| Q1 25 | 1.7% | 1.6% | ||
| Q4 24 | 1.4% | 5.0% | ||
| Q3 24 | 1.7% | 2.5% | ||
| Q2 24 | 1.8% | 3.1% | ||
| Q1 24 | 1.5% | 3.5% |
现金转化率ITMNST
| Q4 25 | 1.22× | 0.84× | ||
| Q3 25 | 8.45× | 1.42× | ||
| Q2 25 | 1.59× | 0.95× | ||
| Q1 25 | 1.49× | 1.15× | ||
| Q4 24 | 0.84× | 1.71× | ||
| Q3 24 | 1.42× | 1.67× | ||
| Q2 24 | 1.61× | 1.03× | ||
| Q1 24 | 0.90× | 0.93× |
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
IT
| Transferred Over Time | $1.3B | 73% |
| Conferences | $286.2M | 16% |
| Consulting | $133.6M | 8% |
| Other | $52.3M | 3% |
MNST
| Monster Energy Drinks Segment | $1.2B | 57% |
| Sales Revenue Product Line | $905.5M | 42% |
| Strategic Brands Segment | $50.3M | 2% |
| Alcohol Brands Segment | $29.0M | 1% |
