vs
Jacobs Solutions（J）与Keurig Dr Pepper（KDP）财务数据对比。点击上方公司名可切换其他公司
Keurig Dr Pepper的季度营收约是Jacobs Solutions的1.2倍（$4.0B vs $3.3B），Keurig Dr Pepper净利率更高（6.8% vs 3.8%，领先3.0%），Jacobs Solutions同比增速更快（12.3% vs 9.4%），Jacobs Solutions自由现金流更多（$364.9M vs $184.0M），过去两年Keurig Dr Pepper的营收复合增速更高（0.7% vs -12.2%）
Jacobs Solutions是总部位于美国得克萨斯州达拉斯市的国际技术专业服务企业，面向全球各类企业、社会组织及政府机构客户，提供工程、技术、专业及施工服务，同时开展科学研究与专项咨询业务，在所属行业长期处于领先地位。
Keurig Dr Pepper是美国上市的饮品与咖啡机综合企业，2018年由克里格绿山和胡椒博士斯奈普集团合并成立，在马萨诸塞州伯灵顿及得克萨斯州弗里斯科设有双总部，旗下拥有超125款冷热饮品，加拿大区域业务由当地子公司负责运营。
J vs KDP — 直观对比
营收规模更大
KDP
是对方的1.2倍
$3.3B
营收增速更快
J
高出2.9%
9.4%
净利率更高
KDP
高出3.0%
3.8%
自由现金流更多
J
多$180.9M
$184.0M
两年增速更快
KDP
近两年复合增速
-12.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $4.0B |
| 净利润 | $125.5M | $270.0M |
| 毛利率 | 23.2% | 52.8% |
| 营业利润率 | 7.1% | 19.0% |
| 净利率 | 3.8% | 6.8% |
| 营收同比 | 12.3% | 9.4% |
| 净利润同比 | 792.3% | -47.8% |
| 每股收益（稀释后） | $1.12 | $0.20 |
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JKDP
| Q1 26 | — | $4.0B | ||
| Q4 25 | $3.3B | $4.5B | ||
| Q3 25 | $3.2B | $4.3B | ||
| Q2 25 | $3.0B | $4.2B | ||
| Q1 25 | $2.9B | $3.6B | ||
| Q4 24 | $2.9B | $4.1B | ||
| Q3 24 | $-1.2B | $3.9B | ||
| Q2 24 | $4.2B | $3.9B |
净利润JKDP
| Q1 26 | — | $270.0M | ||
| Q4 25 | $125.5M | $353.0M | ||
| Q3 25 | $122.2M | $662.0M | ||
| Q2 25 | $179.6M | $547.0M | ||
| Q1 25 | $5.6M | $517.0M | ||
| Q4 24 | $-18.1M | $-144.0M | ||
| Q3 24 | $325.4M | $616.0M | ||
| Q2 24 | $146.9M | $515.0M |
毛利率JKDP
| Q1 26 | — | 52.8% | ||
| Q4 25 | 23.2% | 53.8% | ||
| Q3 25 | 24.3% | 54.3% | ||
| Q2 25 | 25.0% | 54.2% | ||
| Q1 25 | 25.4% | 54.6% | ||
| Q4 24 | 24.6% | 55.9% | ||
| Q3 24 | — | 55.0% | ||
| Q2 24 | 21.7% | 55.4% |
营业利润率JKDP
| Q1 26 | — | 19.0% | ||
| Q4 25 | 7.1% | 19.6% | ||
| Q3 25 | 6.7% | 23.1% | ||
| Q2 25 | 7.8% | 21.6% | ||
| Q1 25 | 7.2% | 22.0% | ||
| Q4 24 | 7.1% | 1.5% | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | 6.2% | 22.0% |
净利率JKDP
| Q1 26 | — | 6.8% | ||
| Q4 25 | 3.8% | 7.8% | ||
| Q3 25 | 3.9% | 15.4% | ||
| Q2 25 | 5.9% | 13.1% | ||
| Q1 25 | 0.2% | 14.2% | ||
| Q4 24 | -0.6% | -3.5% | ||
| Q3 24 | -28.1% | 15.8% | ||
| Q2 24 | 3.5% | 13.1% |
每股收益（稀释后）JKDP
| Q1 26 | — | $0.20 | ||
| Q4 25 | $1.12 | $0.26 | ||
| Q3 25 | $0.88 | $0.49 | ||
| Q2 25 | $1.55 | $0.40 | ||
| Q1 25 | $0.06 | $0.38 | ||
| Q4 24 | $-0.11 | $-0.11 | ||
| Q3 24 | $2.50 | $0.45 | ||
| Q2 24 | $1.17 | $0.38 |
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 | $1.6B | $898.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.4B | $25.3B |
| 总资产 | $11.6B | $73.1B |
| 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JKDP
| Q1 26 | — | $898.0M | ||
| Q4 25 | $1.6B | $1.0B | ||
| Q3 25 | $1.2B | $516.0M | ||
| Q2 25 | $1.3B | $509.0M | ||
| Q1 25 | $1.2B | $653.0M | ||
| Q4 24 | $1.3B | $510.0M | ||
| Q3 24 | $1.1B | $552.0M | ||
| Q2 24 | $1.2B | $438.0M |
股东权益JKDP
| Q1 26 | — | $25.3B | ||
| Q4 25 | $3.4B | $25.5B | ||
| Q3 25 | $3.6B | $25.3B | ||
| Q2 25 | $3.8B | $25.0B | ||
| Q1 25 | $3.9B | $24.4B | ||
| Q4 24 | $4.2B | $24.2B | ||
| Q3 24 | $4.5B | $25.0B | ||
| Q2 24 | $6.6B | $24.7B |
总资产JKDP
| Q1 26 | — | $73.1B | ||
| Q4 25 | $11.6B | $55.5B | ||
| Q3 25 | $11.3B | $54.6B | ||
| Q2 25 | $11.4B | $54.4B | ||
| Q1 25 | $11.2B | $53.7B | ||
| Q4 24 | $11.6B | $53.4B | ||
| Q3 24 | $11.8B | $52.7B | ||
| Q2 24 | $15.0B | $52.3B |
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 | $380.8M | $281.0M |
| 自由现金流经营现金流 - 资本支出 | $364.9M | $184.0M |
| 自由现金流率自由现金流/营收 | 11.1% | 4.6% |
| 资本支出强度资本支出/营收 | 0.5% | — |
| 现金转化率经营现金流/净利润 | 3.03× | 1.04× |
| 过去12个月自由现金流最近4个季度 | $875.3M | $1.6B |
8季度趋势，按日历期对齐
经营现金流JKDP
| Q1 26 | — | $281.0M | ||
| Q4 25 | $380.8M | $712.0M | ||
| Q3 25 | $383.1M | $639.0M | ||
| Q2 25 | $292.6M | $431.0M | ||
| Q1 25 | $-96.4M | $209.0M | ||
| Q4 24 | $107.5M | $849.0M | ||
| Q3 24 | $196.5M | $628.0M | ||
| Q2 24 | $482.6M | $657.0M |
自由现金流JKDP
| Q1 26 | — | $184.0M | ||
| Q4 25 | $364.9M | $564.0M | ||
| Q3 25 | $353.5M | $527.0M | ||
| Q2 25 | $270.5M | $325.0M | ||
| Q1 25 | $-113.7M | $89.0M | ||
| Q4 24 | $97.1M | $684.0M | ||
| Q3 24 | $158.2M | $503.0M | ||
| Q2 24 | $444.9M | $542.0M |
自由现金流率JKDP
| Q1 26 | — | 4.6% | ||
| Q4 25 | 11.1% | 12.5% | ||
| Q3 25 | 11.2% | 12.2% | ||
| Q2 25 | 8.9% | 7.8% | ||
| Q1 25 | -3.9% | 2.4% | ||
| Q4 24 | 3.3% | 16.8% | ||
| Q3 24 | -13.6% | 12.9% | ||
| Q2 24 | 10.5% | 13.8% |
资本支出强度JKDP
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 3.3% | ||
| Q3 25 | 0.9% | 2.6% | ||
| Q2 25 | 0.7% | 2.5% | ||
| Q1 25 | 0.6% | 3.3% | ||
| Q4 24 | 0.4% | 4.1% | ||
| Q3 24 | -3.3% | 3.2% | ||
| Q2 24 | 0.9% | 2.9% |
现金转化率JKDP
| Q1 26 | — | 1.04× | ||
| Q4 25 | 3.03× | 2.02× | ||
| Q3 25 | 3.13× | 0.97× | ||
| Q2 25 | 1.63× | 0.79× | ||
| Q1 25 | -17.18× | 0.40× | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.60× | 1.02× | ||
| Q2 24 | 3.28× | 1.28× |
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
J
| Infrastructure Advanced Facilities | $2.9B | 89% |
| PA Consulting | $354.4M | 11% |
KDP
| U.S. Refreshment Beverages | $2.6B | 65% |
| U.S. Coffee | $877.0M | 22% |
| International | $435.0M | 11% |
