vs
null（JACK）与携程集团（TCOM）财务数据对比。点击上方公司名可切换其他公司
null的季度营收约是携程集团的1.1倍（$349.5M vs $304.6M），携程集团净利率更高（27.8% vs -0.7%，领先28.5%）
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。
携程集团是总部位于中国上海的跨国旅行服务企业，为全球最大的在线旅行服务提供商，业务覆盖机票预订、酒店预订、度假产品、商旅管理等领域，面向全球用户提供一站式旅行综合服务。
JACK vs TCOM — 直观对比
营收规模更大
JACK
是对方的1.1倍
$304.6M
净利率更高
TCOM
高出28.5%
-0.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $349.5M | $304.6M |
| 净利润 | $-2.5M | $84.6M |
| 毛利率 | — | 78.8% |
| 营业利润率 | 13.3% | 16.5% |
| 净利率 | -0.7% | 27.8% |
| 营收同比 | -25.5% | — |
| 净利润同比 | -107.3% | — |
| 每股收益（稀释后） | $-0.13 | $0.12 |
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JACKTCOM
| Q1 26 | $349.5M | — | ||
| Q4 25 | — | $304.6M | ||
| Q2 25 | $336.7M | — | ||
| Q1 25 | $371.1M | — | ||
| Q2 24 | $365.3M | $242.7M | ||
| Q1 24 | $487.5M | — | ||
| Q4 23 | $372.5M | — | ||
| Q2 23 | $395.7M | $214.5M |
净利润JACKTCOM
| Q1 26 | $-2.5M | — | ||
| Q4 25 | — | $84.6M | ||
| Q2 25 | $-142.2M | — | ||
| Q1 25 | $33.7M | — | ||
| Q2 24 | $25.0M | $73.8M | ||
| Q1 24 | $38.7M | — | ||
| Q4 23 | $21.9M | — | ||
| Q2 23 | $26.5M | $12.6M |
毛利率JACKTCOM
| Q1 26 | — | — | ||
| Q4 25 | — | 78.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q2 24 | — | 81.8% | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — | ||
| Q2 23 | — | 82.0% |
营业利润率JACKTCOM
| Q1 26 | 13.3% | — | ||
| Q4 25 | — | 16.5% | ||
| Q2 25 | -46.7% | — | ||
| Q1 25 | 19.0% | — | ||
| Q2 24 | 14.8% | 27.8% | ||
| Q1 24 | 16.3% | — | ||
| Q4 23 | 14.1% | — | ||
| Q2 23 | 15.6% | 26.4% |
净利率JACKTCOM
| Q1 26 | -0.7% | — | ||
| Q4 25 | — | 27.8% | ||
| Q2 25 | -42.2% | — | ||
| Q1 25 | 9.1% | — | ||
| Q2 24 | 6.8% | 30.4% | ||
| Q1 24 | 7.9% | — | ||
| Q4 23 | 5.9% | — | ||
| Q2 23 | 6.7% | 5.9% |
每股收益（稀释后）JACKTCOM
| Q1 26 | $-0.13 | — | ||
| Q4 25 | — | $0.12 | ||
| Q2 25 | $-7.47 | — | ||
| Q1 25 | $1.75 | — | ||
| Q2 24 | $1.26 | $0.11 | ||
| Q1 24 | $1.93 | — | ||
| Q4 23 | $1.08 | — | ||
| Q2 23 | $1.27 | $0.02 |
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 | — | $10.8B |
| 总债务越低越好 | $1.6B | $4.2B |
| 股东权益账面价值 | $-936.0M | $23.8B |
| 总资产 | $2.0B | $36.9B |
| 负债/权益比越低杠杆越低 | — | 0.18× |
8季度趋势，按日历期对齐
现金及短期投资JACKTCOM
| Q1 26 | — | — | ||
| Q4 25 | — | $10.8B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q2 24 | — | $12.4B | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — | ||
| Q2 23 | — | $7.6B |
总债务JACKTCOM
| Q1 26 | $1.6B | — | ||
| Q4 25 | — | $4.2B | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q2 24 | $1.7B | $8.2B | ||
| Q1 24 | $1.7B | — | ||
| Q4 23 | $1.7B | — | ||
| Q2 23 | $1.7B | $7.2B |
股东权益JACKTCOM
| Q1 26 | $-936.0M | — | ||
| Q4 25 | — | $23.8B | ||
| Q2 25 | $-976.2M | — | ||
| Q1 25 | $-827.1M | — | ||
| Q2 24 | $-702.6M | $18.1B | ||
| Q1 24 | $-708.2M | — | ||
| Q4 23 | $-718.3M | — | ||
| Q2 23 | $-701.4M | $16.3B |
总资产JACKTCOM
| Q1 26 | $2.0B | — | ||
| Q4 25 | — | $36.9B | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.8B | — | ||
| Q2 24 | $2.9B | $34.2B | ||
| Q1 24 | $2.9B | — | ||
| Q4 23 | $3.0B | — | ||
| Q2 23 | $2.9B | $30.1B |
负债/权益比JACKTCOM
| Q1 26 | — | — | ||
| Q4 25 | — | 0.18× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q2 24 | — | 0.45× | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — | ||
| Q2 23 | — | 0.44× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $7.3M | — |
| 自由现金流率自由现金流/营收 | 2.1% | — |
| 资本支出强度资本支出/营收 | 6.6% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流JACKTCOM
| Q1 26 | $30.5M | — | ||
| Q4 25 | — | — | ||
| Q2 25 | $-36.8M | — | ||
| Q1 25 | $105.7M | — | ||
| Q2 24 | $16.7M | — | ||
| Q1 24 | $-22.7M | — | ||
| Q4 23 | $32.9M | — | ||
| Q2 23 | $31.6M | — |
自由现金流JACKTCOM
| Q1 26 | $7.3M | — | ||
| Q4 25 | — | — | ||
| Q2 25 | $-63.2M | — | ||
| Q1 25 | $84.4M | — | ||
| Q2 24 | $6.4M | — | ||
| Q1 24 | $-61.5M | — | ||
| Q4 23 | $29.6M | — | ||
| Q2 23 | $18.5M | — |
自由现金流率JACKTCOM
| Q1 26 | 2.1% | — | ||
| Q4 25 | — | — | ||
| Q2 25 | -18.8% | — | ||
| Q1 25 | 22.7% | — | ||
| Q2 24 | 1.8% | — | ||
| Q1 24 | -12.6% | — | ||
| Q4 23 | 7.9% | — | ||
| Q2 23 | 4.7% | — |
资本支出强度JACKTCOM
| Q1 26 | 6.6% | — | ||
| Q4 25 | — | — | ||
| Q2 25 | 7.9% | — | ||
| Q1 25 | 5.7% | — | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | 8.0% | — | ||
| Q4 23 | 0.9% | — | ||
| Q2 23 | 3.3% | — |
现金转化率JACKTCOM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.14× | — | ||
| Q2 24 | 0.67× | — | ||
| Q1 24 | -0.59× | — | ||
| Q4 23 | 1.50× | — | ||
| Q2 23 | 1.19× | — |
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% |
TCOM
| Others | $273.0M | 90% |
| Other | $31.6M | 10% |
