vs
null（JACK）与力特（LFUS）财务数据对比。点击上方公司名可切换其他公司
力特的季度营收约是null的1.7倍（$593.9M vs $349.5M），null净利率更高（-0.7% vs -40.8%，领先40.1%），力特同比增速更快（12.2% vs -25.5%），力特自由现金流更多（$119.7M vs $7.3M），过去两年力特的营收复合增速更高（5.3% 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。
力特是全球领先的电路保护、传感及控制组件制造商，主营保险丝、半导体保护器件、功率开关、传感器、断路器等产品，服务汽车、工业电子、消费电子、通信及可再生能源等领域，为全球客户提供提升设备安全可靠性的解决方案。
JACK vs LFUS — 直观对比
营收规模更大
LFUS
是对方的1.7倍
$349.5M
营收增速更快
LFUS
高出37.7%
-25.5%
净利率更高
JACK
高出40.1%
-40.8%
自由现金流更多
LFUS
多$112.4M
$7.3M
两年增速更快
LFUS
近两年复合增速
-18.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $349.5M | $593.9M |
| 净利润 | $-2.5M | $-242.1M |
| 毛利率 | — | 38.0% |
| 营业利润率 | 13.3% | -37.5% |
| 净利率 | -0.7% | -40.8% |
| 营收同比 | -25.5% | 12.2% |
| 净利润同比 | -107.3% | -367.6% |
| 每股收益（稀释后） | $-0.13 | $-9.71 |
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JACKLFUS
| Q1 26 | $349.5M | — | ||
| Q4 25 | — | $593.9M | ||
| Q3 25 | — | $624.6M | ||
| Q2 25 | $336.7M | $613.4M | ||
| Q1 25 | $371.1M | $554.3M | ||
| Q4 24 | — | $529.5M | ||
| Q3 24 | — | $567.4M | ||
| Q2 24 | $365.3M | $558.5M |
净利润JACKLFUS
| Q1 26 | $-2.5M | — | ||
| Q4 25 | — | $-242.1M | ||
| Q3 25 | — | $69.5M | ||
| Q2 25 | $-142.2M | $57.3M | ||
| Q1 25 | $33.7M | $43.6M | ||
| Q4 24 | — | $-51.8M | ||
| Q3 24 | — | $58.1M | ||
| Q2 24 | $25.0M | $45.5M |
毛利率JACKLFUS
| Q1 26 | — | — | ||
| Q4 25 | — | 38.0% | ||
| Q3 25 | — | 38.6% | ||
| Q2 25 | — | 37.8% | ||
| Q1 25 | — | 37.4% | ||
| Q4 24 | — | 33.4% | ||
| Q3 24 | — | 38.1% | ||
| Q2 24 | — | 37.1% |
营业利润率JACKLFUS
| Q1 26 | 13.3% | — | ||
| Q4 25 | — | -37.5% | ||
| Q3 25 | — | 15.6% | ||
| Q2 25 | -46.7% | 15.1% | ||
| Q1 25 | 19.0% | 12.7% | ||
| Q4 24 | — | -9.3% | ||
| Q3 24 | — | 15.5% | ||
| Q2 24 | 14.8% | 11.7% |
净利率JACKLFUS
| Q1 26 | -0.7% | — | ||
| Q4 25 | — | -40.8% | ||
| Q3 25 | — | 11.1% | ||
| Q2 25 | -42.2% | 9.3% | ||
| Q1 25 | 9.1% | 7.9% | ||
| Q4 24 | — | -9.8% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | 6.8% | 8.1% |
每股收益（稀释后）JACKLFUS
| Q1 26 | $-0.13 | — | ||
| Q4 25 | — | $-9.71 | ||
| Q3 25 | — | $2.77 | ||
| Q2 25 | $-7.47 | $2.30 | ||
| Q1 25 | $1.75 | $1.75 | ||
| Q4 24 | — | $-2.07 | ||
| Q3 24 | — | $2.32 | ||
| Q2 24 | $1.26 | $1.82 |
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 | — | $563.7M |
| 总债务越低越好 | $1.6B | $802.6M |
| 股东权益账面价值 | $-936.0M | $2.4B |
| 总资产 | $2.0B | $4.0B |
| 负债/权益比越低杠杆越低 | — | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资JACKLFUS
| Q1 26 | — | — | ||
| Q4 25 | — | $563.7M | ||
| Q3 25 | — | $815.0M | ||
| Q2 25 | — | $685.5M | ||
| Q1 25 | — | $619.7M | ||
| Q4 24 | — | $725.9M | ||
| Q3 24 | — | $630.7M | ||
| Q2 24 | — | $562.7M |
总债务JACKLFUS
| Q1 26 | $1.6B | — | ||
| Q4 25 | — | $802.6M | ||
| Q3 25 | — | $805.8M | ||
| Q2 25 | $1.7B | $810.2M | ||
| Q1 25 | $1.7B | $805.7M | ||
| Q4 24 | — | $856.1M | ||
| Q3 24 | — | $867.7M | ||
| Q2 24 | $1.7B | $863.5M |
股东权益JACKLFUS
| Q1 26 | $-936.0M | — | ||
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | $-976.2M | $2.6B | ||
| Q1 25 | $-827.1M | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | $-702.6M | $2.5B |
总资产JACKLFUS
| Q1 26 | $2.0B | — | ||
| Q4 25 | — | $4.0B | ||
| Q3 25 | — | $4.2B | ||
| Q2 25 | $2.6B | $4.1B | ||
| Q1 25 | $2.8B | $3.9B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | $2.9B | $3.9B |
负债/权益比JACKLFUS
| Q1 26 | — | — | ||
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.35× | ||
| Q3 24 | — | 0.34× | ||
| Q2 24 | — | 0.35× |
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 | $138.7M |
| 自由现金流经营现金流 - 资本支出 | $7.3M | $119.7M |
| 自由现金流率自由现金流/营收 | 2.1% | 20.2% |
| 资本支出强度资本支出/营收 | 6.6% | 3.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $34.8M | $366.1M |
8季度趋势，按日历期对齐
经营现金流JACKLFUS
| Q1 26 | $30.5M | — | ||
| Q4 25 | — | $138.7M | ||
| Q3 25 | — | $146.9M | ||
| Q2 25 | $-36.8M | $82.5M | ||
| Q1 25 | $105.7M | $65.8M | ||
| Q4 24 | — | $160.6M | ||
| Q3 24 | — | $80.4M | ||
| Q2 24 | $16.7M | $69.4M |
自由现金流JACKLFUS
| Q1 26 | $7.3M | — | ||
| Q4 25 | — | $119.7M | ||
| Q3 25 | — | $131.2M | ||
| Q2 25 | $-63.2M | $72.6M | ||
| Q1 25 | $84.4M | $42.7M | ||
| Q4 24 | — | $134.8M | ||
| Q3 24 | — | $65.0M | ||
| Q2 24 | $6.4M | $50.3M |
自由现金流率JACKLFUS
| Q1 26 | 2.1% | — | ||
| Q4 25 | — | 20.2% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | -18.8% | 11.8% | ||
| Q1 25 | 22.7% | 7.7% | ||
| Q4 24 | — | 25.5% | ||
| Q3 24 | — | 11.5% | ||
| Q2 24 | 1.8% | 9.0% |
资本支出强度JACKLFUS
| Q1 26 | 6.6% | — | ||
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | 7.9% | 1.6% | ||
| Q1 25 | 5.7% | 4.2% | ||
| Q4 24 | — | 4.9% | ||
| Q3 24 | — | 2.7% | ||
| Q2 24 | 2.8% | 3.4% |
现金转化率JACKLFUS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.11× | ||
| Q2 25 | — | 1.44× | ||
| Q1 25 | 3.14× | 1.51× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.39× | ||
| Q2 24 | 0.67× | 1.53× |
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% |
LFUS
| Electronics Passive Products And Sensors | $174.9M | 29% |
| Electronics Semiconductor | $170.3M | 29% |
| Industrial Products | $85.0M | 14% |
| Commercial Vehicle Products | $76.2M | 13% |
| Passenger Car Products | $72.8M | 12% |
| Automotive Sensors | $14.7M | 2% |
| Dortmund Fab | $12.5M | 2% |
