vs
JBG SMITH Properties（JBGS）与NOODLES & Co（NDLS）财务数据对比。点击上方公司名可切换其他公司
JBG SMITH Properties的季度营收约是NOODLES & Co的1.0倍（$127.6M vs $122.1M），NOODLES & Co净利率更高（-7.5% vs -18.1%，领先10.6%），JBG SMITH Properties同比增速更快（5.7% vs -4.1%），过去两年NOODLES & Co的营收复合增速更高（-1.2% vs -2.9%）
JBG SMITH Properties是一家总部位于马里兰州贝塞斯达的上市房地产投资信托公司，专注于持有并运营房地产资产，是美国商业地产领域的专业运营机构，面向市场提供多元化的不动产投资与管理服务。
Noodles & Company是源自美国的休闲快餐连锁品牌，主打融合多国风味及美式特色的面条菜品，同时也供应汤品和沙拉。品牌由亚伦·肯尼迪创立于1995年，总部位于科罗拉多州布鲁姆菲尔德，截至2022年年中，品牌已在美国31个州开出了458家门店。
JBGS vs NDLS — 直观对比
营收规模更大
JBGS
是对方的1.0倍
$122.1M
营收增速更快
JBGS
高出9.9%
-4.1%
净利率更高
NDLS
高出10.6%
-18.1%
两年增速更快
NDLS
近两年复合增速
-2.9%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $127.6M | $122.1M |
| 净利润 | $-23.0M | $-9.2M |
| 毛利率 | — | — |
| 营业利润率 | — | -5.2% |
| 净利率 | -18.1% | -7.5% |
| 营收同比 | 5.7% | -4.1% |
| 净利润同比 | 57.1% | 32.8% |
| 每股收益（稀释后） | $-0.32 | $-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JBGSNDLS
| Q1 26 | $127.6M | — | ||
| Q4 25 | $127.6M | — | ||
| Q3 25 | $123.9M | $122.1M | ||
| Q2 25 | $126.5M | $123.8M | ||
| Q1 25 | $120.7M | — | ||
| Q4 24 | $130.8M | $122.8M | ||
| Q3 24 | $136.0M | $127.4M | ||
| Q2 24 | $135.3M | $121.4M |
净利润JBGSNDLS
| Q1 26 | $-23.0M | — | ||
| Q4 25 | $-45.5M | — | ||
| Q3 25 | $-28.6M | $-9.2M | ||
| Q2 25 | $-19.2M | $-9.1M | ||
| Q1 25 | $-45.7M | — | ||
| Q4 24 | $-59.9M | $-6.8M | ||
| Q3 24 | $-27.0M | $-13.6M | ||
| Q2 24 | $-24.4M | $-6.1M |
营业利润率JBGSNDLS
| Q1 26 | — | — | ||
| Q4 25 | -47.5% | — | ||
| Q3 25 | -27.5% | -5.2% | ||
| Q2 25 | -18.4% | -5.2% | ||
| Q1 25 | -44.7% | — | ||
| Q4 24 | -53.6% | -3.9% | ||
| Q3 24 | -22.4% | -9.0% | ||
| Q2 24 | -24.3% | -3.4% |
净利率JBGSNDLS
| Q1 26 | -18.1% | — | ||
| Q4 25 | -35.7% | — | ||
| Q3 25 | -23.1% | -7.5% | ||
| Q2 25 | -15.2% | -7.3% | ||
| Q1 25 | -37.9% | — | ||
| Q4 24 | -45.8% | -5.5% | ||
| Q3 24 | -19.8% | -10.7% | ||
| Q2 24 | -18.0% | -5.1% |
每股收益（稀释后）JBGSNDLS
| Q1 26 | $-0.32 | — | ||
| Q4 25 | $-0.76 | — | ||
| Q3 25 | $-0.48 | $-0.20 | ||
| Q2 25 | $-0.29 | $-0.20 | ||
| Q1 25 | $-0.56 | — | ||
| Q4 24 | $-0.70 | $-0.15 | ||
| Q3 24 | $-0.32 | $-0.30 | ||
| Q2 24 | $-0.27 | $-0.14 |
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 | — | $4.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $-38.9M |
| 总资产 | $4.3B | $280.6M |
| 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JBGSNDLS
| Q1 26 | — | — | ||
| Q4 25 | $75.3M | — | ||
| Q3 25 | $64.4M | $4.7M | ||
| Q2 25 | $61.4M | $1.4M | ||
| Q1 25 | $81.3M | — | ||
| Q4 24 | $145.8M | $3.3M | ||
| Q3 24 | $137.0M | $1.8M | ||
| Q2 24 | $163.5M | $1.3M |
股东权益JBGSNDLS
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | $-38.9M | ||
| Q2 25 | $1.3B | $-13.9M | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.8B | $3.7M | ||
| Q3 24 | $1.9B | $9.6M | ||
| Q2 24 | $2.0B | $21.9M |
总资产JBGSNDLS
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.4B | — | ||
| Q3 25 | $4.4B | $280.6M | ||
| Q2 25 | $4.5B | $319.4M | ||
| Q1 25 | $4.7B | — | ||
| Q4 24 | $5.0B | $340.5M | ||
| Q3 24 | $5.2B | $346.3M | ||
| Q2 24 | $5.3B | $360.4M |
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 | — | $4.3M |
| 自由现金流经营现金流 - 资本支出 | — | $-2.8M |
| 自由现金流率自由现金流/营收 | — | -2.3% |
| 资本支出强度资本支出/营收 | — | 5.8% |
| 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 | — | $-7.5M |
8季度趋势，按日历期对齐
经营现金流JBGSNDLS
| Q1 26 | — | — | ||
| Q4 25 | $73.3M | — | ||
| Q3 25 | $8.9M | $4.3M | ||
| Q2 25 | $18.8M | $4.0M | ||
| Q1 25 | $12.9M | — | ||
| Q4 24 | $129.4M | $5.8M | ||
| Q3 24 | $26.4M | $4.7M | ||
| Q2 24 | $23.8M | $7.0M |
自由现金流JBGSNDLS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $-2.8M | ||
| Q2 25 | — | $1.1M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-1.3M | ||
| Q3 24 | — | $-4.5M | ||
| Q2 24 | — | $-1.6M |
自由现金流率JBGSNDLS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | -2.3% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | -3.5% | ||
| Q2 24 | — | -1.4% |
资本支出强度JBGSNDLS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 5.8% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 7.2% | ||
| Q2 24 | — | 7.1% |
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
JBGS
| Property rental | $105.9M | 83% |
| Third-party real estate services, including reimbursements | $17.2M | 13% |
| Other revenue | $4.5M | 4% |
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
