vs
J&J SNACK FOODS CORP（JJSF）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
J&J SNACK FOODS CORP的季度营收约是百胜餐饮集团的1.7倍（$343.8M vs $204.1M），百胜餐饮集团净利率更高（8.9% vs 0.3%，领先8.6%），百胜餐饮集团同比增速更快（-5.2% vs -5.2%），J&J SNACK FOODS CORP自由现金流更多（$17.0M 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 -2.2%）
强生休闲食品公司（J&J Snack Foods Corp.）是美国知名的品牌休闲食品与冷冻饮品生产商、营销商及分销商，总部位于新泽西州芒特劳雷尔，在全美44个州、墨西哥及加拿大设有超175个生产、仓储及配送设施，于纳斯达克全球精选市场上市，业务覆盖国内外市场。
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。
JJSF vs LCUT — 直观对比
营收规模更大
JJSF
是对方的1.7倍
$204.1M
营收增速更快
LCUT
高出0.0%
-5.2%
净利率更高
LCUT
高出8.6%
0.3%
自由现金流更多
JJSF
多$14.4M
$2.6M
两年增速更快
LCUT
近两年复合增速
-2.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $343.8M | $204.1M |
| 净利润 | $883.0K | $18.2M |
| 毛利率 | 27.9% | 38.6% |
| 营业利润率 | 0.2% | 9.8% |
| 净利率 | 0.3% | 8.9% |
| 营收同比 | -5.2% | -5.2% |
| 净利润同比 | -82.8% | 103.5% |
| 每股收益（稀释后） | $0.05 | $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JJSFLCUT
| Q4 25 | $343.8M | $204.1M | ||
| Q3 25 | $410.2M | $171.9M | ||
| Q2 25 | $454.3M | $131.9M | ||
| Q1 25 | $356.1M | $140.1M | ||
| Q4 24 | $362.6M | $215.2M | ||
| Q3 24 | $426.8M | $183.8M | ||
| Q2 24 | $440.0M | $141.7M | ||
| Q1 24 | $359.7M | $142.2M |
净利润JJSFLCUT
| Q4 25 | $883.0K | $18.2M | ||
| Q3 25 | $11.4M | $-1.2M | ||
| Q2 25 | $44.2M | $-39.7M | ||
| Q1 25 | $4.8M | $-4.2M | ||
| Q4 24 | $5.1M | $8.9M | ||
| Q3 24 | $29.6M | $344.0K | ||
| Q2 24 | $36.3M | $-18.2M | ||
| Q1 24 | $13.3M | $-6.3M |
毛利率JJSFLCUT
| Q4 25 | 27.9% | 38.6% | ||
| Q3 25 | 31.7% | 35.1% | ||
| Q2 25 | 33.0% | 38.6% | ||
| Q1 25 | 26.9% | 36.1% | ||
| Q4 24 | 25.9% | 37.7% | ||
| Q3 24 | 31.8% | 36.7% | ||
| Q2 24 | 33.6% | 38.5% | ||
| Q1 24 | 30.1% | 40.5% |
营业利润率JJSFLCUT
| Q4 25 | 0.2% | 9.8% | ||
| Q3 25 | 2.8% | 3.9% | ||
| Q2 25 | 13.3% | -28.2% | ||
| Q1 25 | 1.7% | 0.8% | ||
| Q4 24 | 1.7% | 7.2% | ||
| Q3 24 | 9.3% | 4.7% | ||
| Q2 24 | 11.4% | 0.8% | ||
| Q1 24 | 5.0% | 1.3% |
净利率JJSFLCUT
| Q4 25 | 0.3% | 8.9% | ||
| Q3 25 | 2.8% | -0.7% | ||
| Q2 25 | 9.7% | -30.1% | ||
| Q1 25 | 1.4% | -3.0% | ||
| Q4 24 | 1.4% | 4.1% | ||
| Q3 24 | 6.9% | 0.2% | ||
| Q2 24 | 8.3% | -12.8% | ||
| Q1 24 | 3.7% | -4.4% |
每股收益（稀释后）JJSFLCUT
| Q4 25 | $0.05 | $0.83 | ||
| Q3 25 | $0.59 | $-0.05 | ||
| Q2 25 | $2.26 | $-1.83 | ||
| Q1 25 | $0.25 | $-0.19 | ||
| Q4 24 | $0.26 | $0.41 | ||
| Q3 24 | $1.52 | $0.02 | ||
| Q2 24 | $1.87 | $-0.85 | ||
| Q1 24 | $0.69 | $-0.29 |
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 | $66.8M | $4.3M |
| 总债务越低越好 | — | $135.0M |
| 股东权益账面价值 | $912.9M | $202.3M |
| 总资产 | $1.3B | $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JJSFLCUT
| Q4 25 | $66.8M | $4.3M | ||
| Q3 25 | $105.9M | $12.1M | ||
| Q2 25 | $77.4M | $12.0M | ||
| Q1 25 | $48.5M | $10.4M | ||
| Q4 24 | $73.6M | $2.9M | ||
| Q3 24 | $73.4M | $6.0M | ||
| Q2 24 | $64.0M | $3.4M | ||
| Q1 24 | $43.6M | $4.6M |
总债务JJSFLCUT
| Q4 25 | — | $135.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $142.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益JJSFLCUT
| Q4 25 | $912.9M | $202.3M | ||
| Q3 25 | $966.7M | $184.6M | ||
| Q2 25 | $969.9M | $185.8M | ||
| Q1 25 | $935.0M | $225.7M | ||
| Q4 24 | $946.8M | $229.9M | ||
| Q3 24 | $957.0M | $220.9M | ||
| Q2 24 | $937.9M | $219.8M | ||
| Q1 24 | $915.7M | $223.7M |
总资产JJSFLCUT
| Q4 25 | $1.3B | $572.6M | ||
| Q3 25 | $1.4B | $581.1M | ||
| Q2 25 | $1.4B | $551.9M | ||
| Q1 25 | $1.4B | $594.6M | ||
| Q4 24 | $1.3B | $634.3M | ||
| Q3 24 | $1.4B | $668.7M | ||
| Q2 24 | $1.4B | $617.0M | ||
| Q1 24 | $1.3B | $602.7M |
负债/权益比JJSFLCUT
| Q4 25 | — | 0.67× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.62× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $36.0M | $3.7M |
| 自由现金流经营现金流 - 资本支出 | $17.0M | $2.6M |
| 自由现金流率自由现金流/营收 | 4.9% | 1.3% |
| 资本支出强度资本支出/营收 | 5.5% | 0.6% |
| 现金转化率经营现金流/净利润 | 40.73× | 0.21× |
| 过去12个月自由现金流最近4个季度 | $83.1M | $3.3M |
8季度趋势，按日历期对齐
经营现金流JJSFLCUT
| Q4 25 | $36.0M | $3.7M | ||
| Q3 25 | $66.4M | $-22.2M | ||
| Q2 25 | $51.2M | $9.3M | ||
| Q1 25 | $12.3M | $16.7M | ||
| Q4 24 | $35.2M | $20.3M | ||
| Q3 24 | $46.3M | $-22.7M | ||
| Q2 24 | $65.0M | $10.4M | ||
| Q1 24 | $12.7M | $10.5M |
自由现金流JJSFLCUT
| Q4 25 | $17.0M | $2.6M | ||
| Q3 25 | $44.8M | $-22.7M | ||
| Q2 25 | $28.5M | $8.2M | ||
| Q1 25 | $-7.2M | $15.1M | ||
| Q4 24 | $16.1M | $19.7M | ||
| Q3 24 | $29.1M | $-23.2M | ||
| Q2 24 | $45.3M | $9.9M | ||
| Q1 24 | $-4.0M | $9.9M |
自由现金流率JJSFLCUT
| Q4 25 | 4.9% | 1.3% | ||
| Q3 25 | 10.9% | -13.2% | ||
| Q2 25 | 6.3% | 6.2% | ||
| Q1 25 | -2.0% | 10.8% | ||
| Q4 24 | 4.4% | 9.1% | ||
| Q3 24 | 6.8% | -12.6% | ||
| Q2 24 | 10.3% | 7.0% | ||
| Q1 24 | -1.1% | 7.0% |
资本支出强度JJSFLCUT
| Q4 25 | 5.5% | 0.6% | ||
| Q3 25 | 5.3% | 0.3% | ||
| Q2 25 | 5.0% | 0.9% | ||
| Q1 25 | 5.5% | 1.1% | ||
| Q4 24 | 5.3% | 0.3% | ||
| Q3 24 | 4.0% | 0.3% | ||
| Q2 24 | 4.5% | 0.4% | ||
| Q1 24 | 4.6% | 0.4% |
现金转化率JJSFLCUT
| Q4 25 | 40.73× | 0.21× | ||
| Q3 25 | 5.84× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | 2.55× | — | ||
| Q4 24 | 6.84× | 2.28× | ||
| Q3 24 | 1.56× | -65.89× | ||
| Q2 24 | 1.79× | — | ||
| Q1 24 | 0.96× | — |
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
JJSF
| Food Service | $219.2M | 64% |
| Frozen Beverages | $78.7M | 23% |
| Repair And Maintenance Service | $22.5M | 7% |
| Other | $12.7M | 4% |
| Machine Sales | $10.7M | 3% |
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
