vs
null（JACK）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
null的季度营收约是百胜餐饮集团的1.7倍（$349.5M vs $204.1M），百胜餐饮集团净利率更高（8.9% vs -0.7%，领先9.6%），百胜餐饮集团同比增速更快（-5.2% vs -25.5%），null自由现金流更多（$7.3M 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 -18.6%）
杰克盒子是源自美国的连锁快餐品牌，1951年由罗伯特·O·彼得森在加利福尼亚州圣迭戈创立，总部也设于此。品牌目前拥有超过2200家门店，业务主要覆盖美国西海岸，在西海岸以外的多个大都市区域以及关岛也设有门店。2017年12月前该公司曾运营Qdoba墨西哥烧烤连锁品牌，后该品牌被阿波罗全球管理收购。
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。
JACK vs LCUT — 直观对比
营收规模更大
JACK
是对方的1.7倍
$204.1M
营收增速更快
LCUT
高出20.4%
-25.5%
净利率更高
LCUT
高出9.6%
-0.7%
自由现金流更多
JACK
多$4.7M
$2.6M
两年增速更快
LCUT
近两年复合增速
-18.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $349.5M | $204.1M |
| 净利润 | $-2.5M | $18.2M |
| 毛利率 | — | 38.6% |
| 营业利润率 | 13.3% | 9.8% |
| 净利率 | -0.7% | 8.9% |
| 营收同比 | -25.5% | -5.2% |
| 净利润同比 | -107.3% | 103.5% |
| 每股收益（稀释后） | $-0.13 | $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JACKLCUT
| Q1 26 | $349.5M | — | ||
| Q4 25 | — | $204.1M | ||
| Q3 25 | — | $171.9M | ||
| Q2 25 | $336.7M | $131.9M | ||
| Q1 25 | $371.1M | $140.1M | ||
| Q4 24 | — | $215.2M | ||
| Q3 24 | — | $183.8M | ||
| Q2 24 | $365.3M | $141.7M |
净利润JACKLCUT
| Q1 26 | $-2.5M | — | ||
| Q4 25 | — | $18.2M | ||
| Q3 25 | — | $-1.2M | ||
| Q2 25 | $-142.2M | $-39.7M | ||
| Q1 25 | $33.7M | $-4.2M | ||
| Q4 24 | — | $8.9M | ||
| Q3 24 | — | $344.0K | ||
| Q2 24 | $25.0M | $-18.2M |
毛利率JACKLCUT
| Q1 26 | — | — | ||
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | 35.1% | ||
| Q2 25 | — | 38.6% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | — | 37.7% | ||
| Q3 24 | — | 36.7% | ||
| Q2 24 | — | 38.5% |
营业利润率JACKLCUT
| Q1 26 | 13.3% | — | ||
| Q4 25 | — | 9.8% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | -46.7% | -28.2% | ||
| Q1 25 | 19.0% | 0.8% | ||
| Q4 24 | — | 7.2% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | 14.8% | 0.8% |
净利率JACKLCUT
| Q1 26 | -0.7% | — | ||
| Q4 25 | — | 8.9% | ||
| Q3 25 | — | -0.7% | ||
| Q2 25 | -42.2% | -30.1% | ||
| Q1 25 | 9.1% | -3.0% | ||
| Q4 24 | — | 4.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | 6.8% | -12.8% |
每股收益（稀释后）JACKLCUT
| Q1 26 | $-0.13 | — | ||
| Q4 25 | — | $0.83 | ||
| Q3 25 | — | $-0.05 | ||
| Q2 25 | $-7.47 | $-1.83 | ||
| Q1 25 | $1.75 | $-0.19 | ||
| Q4 24 | — | $0.41 | ||
| Q3 24 | — | $0.02 | ||
| Q2 24 | $1.26 | $-0.85 |
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 | — | $4.3M |
| 总债务越低越好 | $1.6B | $135.0M |
| 股东权益账面价值 | $-936.0M | $202.3M |
| 总资产 | $2.0B | $572.6M |
| 负债/权益比越低杠杆越低 | — | 0.67× |
8季度趋势，按日历期对齐
现金及短期投资JACKLCUT
| Q1 26 | — | — | ||
| Q4 25 | — | $4.3M | ||
| Q3 25 | — | $12.1M | ||
| Q2 25 | — | $12.0M | ||
| Q1 25 | — | $10.4M | ||
| Q4 24 | — | $2.9M | ||
| Q3 24 | — | $6.0M | ||
| Q2 24 | — | $3.4M |
总债务JACKLCUT
| Q1 26 | $1.6B | — | ||
| Q4 25 | — | $135.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | — | $142.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | $1.7B | — |
股东权益JACKLCUT
| Q1 26 | $-936.0M | — | ||
| Q4 25 | — | $202.3M | ||
| Q3 25 | — | $184.6M | ||
| Q2 25 | $-976.2M | $185.8M | ||
| Q1 25 | $-827.1M | $225.7M | ||
| Q4 24 | — | $229.9M | ||
| Q3 24 | — | $220.9M | ||
| Q2 24 | $-702.6M | $219.8M |
总资产JACKLCUT
| Q1 26 | $2.0B | — | ||
| Q4 25 | — | $572.6M | ||
| Q3 25 | — | $581.1M | ||
| Q2 25 | $2.6B | $551.9M | ||
| Q1 25 | $2.8B | $594.6M | ||
| Q4 24 | — | $634.3M | ||
| Q3 24 | — | $668.7M | ||
| Q2 24 | $2.9B | $617.0M |
负债/权益比JACKLCUT
| Q1 26 | — | — | ||
| Q4 25 | — | 0.67× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.62× | ||
| 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 | $30.5M | $3.7M |
| 自由现金流经营现金流 - 资本支出 | $7.3M | $2.6M |
| 自由现金流率自由现金流/营收 | 2.1% | 1.3% |
| 资本支出强度资本支出/营收 | 6.6% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 0.21× |
| 过去12个月自由现金流最近4个季度 | $34.8M | $3.3M |
8季度趋势，按日历期对齐
经营现金流JACKLCUT
| Q1 26 | $30.5M | — | ||
| Q4 25 | — | $3.7M | ||
| Q3 25 | — | $-22.2M | ||
| Q2 25 | $-36.8M | $9.3M | ||
| Q1 25 | $105.7M | $16.7M | ||
| Q4 24 | — | $20.3M | ||
| Q3 24 | — | $-22.7M | ||
| Q2 24 | $16.7M | $10.4M |
自由现金流JACKLCUT
| Q1 26 | $7.3M | — | ||
| Q4 25 | — | $2.6M | ||
| Q3 25 | — | $-22.7M | ||
| Q2 25 | $-63.2M | $8.2M | ||
| Q1 25 | $84.4M | $15.1M | ||
| Q4 24 | — | $19.7M | ||
| Q3 24 | — | $-23.2M | ||
| Q2 24 | $6.4M | $9.9M |
自由现金流率JACKLCUT
| Q1 26 | 2.1% | — | ||
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | -13.2% | ||
| Q2 25 | -18.8% | 6.2% | ||
| Q1 25 | 22.7% | 10.8% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | -12.6% | ||
| Q2 24 | 1.8% | 7.0% |
资本支出强度JACKLCUT
| Q1 26 | 6.6% | — | ||
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | 7.9% | 0.9% | ||
| Q1 25 | 5.7% | 1.1% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | 2.8% | 0.4% |
现金转化率JACKLCUT
| Q1 26 | — | — | ||
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.14× | — | ||
| Q4 24 | — | 2.28× | ||
| Q3 24 | — | -65.89× | ||
| Q2 24 | 0.67× | — |
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
JACK
| Restaurant Sales | $131.9M | 38% |
| Franchise | $97.4M | 28% |
| Royaltyand Other | $58.9M | 17% |
| Advertising | $56.6M | 16% |
| Technology Service | $4.7M | 1% |
| Franchise Fees | $1.7M | 0% |
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
