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J&J SNACK FOODS CORP（JJSF）与麦格劳希尔（MH）财务数据对比。点击上方公司名可切换其他公司
麦格劳希尔的季度营收约是J&J SNACK FOODS CORP的1.3倍（$434.2M vs $343.8M），J&J SNACK FOODS CORP净利率更高（0.3% vs -4.7%，领先4.9%），J&J SNACK FOODS CORP同比增速更快（-5.2% vs -35.1%），麦格劳希尔自由现金流更多（$285.4M vs $17.0M）
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。
麦格劳希尔是美国知名教育科技企业，面向K12、高等教育及职业领域的师生提供多元教育内容、软件与服务。核心产品包含教材、数字学习工具及自适应技术，助力优化学习体验、提升学习效果，是与霍顿米夫林哈考特、培生教育齐名的全球三大教育出版商之一。
JJSF vs MH — 直观对比
营收规模更大
MH
是对方的1.3倍
$343.8M
营收增速更快
JJSF
高出29.9%
-35.1%
净利率更高
JJSF
高出4.9%
-4.7%
自由现金流更多
MH
多$268.4M
$17.0M
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $343.8M | $434.2M |
| 净利润 | $883.0K | $-20.2M |
| 毛利率 | 27.9% | 85.3% |
| 营业利润率 | 0.2% | 7.0% |
| 净利率 | 0.3% | -4.7% |
| 营收同比 | -5.2% | -35.1% |
| 净利润同比 | -82.8% | -119.2% |
| 每股收益（稀释后） | $0.05 | $-0.11 |
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JJSFMH
| Q4 25 | $343.8M | $434.2M | ||
| Q3 25 | $410.2M | $669.2M | ||
| Q2 25 | $454.3M | $535.7M | ||
| Q1 25 | $356.1M | — | ||
| Q4 24 | $362.6M | — | ||
| Q3 24 | $426.8M | — | ||
| Q2 24 | $440.0M | — | ||
| Q1 24 | $359.7M | — |
净利润JJSFMH
| Q4 25 | $883.0K | $-20.2M | ||
| Q3 25 | $11.4M | $105.3M | ||
| Q2 25 | $44.2M | $502.0K | ||
| Q1 25 | $4.8M | — | ||
| Q4 24 | $5.1M | — | ||
| Q3 24 | $29.6M | — | ||
| Q2 24 | $36.3M | — | ||
| Q1 24 | $13.3M | — |
毛利率JJSFMH
| Q4 25 | 27.9% | 85.3% | ||
| Q3 25 | 31.7% | 79.2% | ||
| Q2 25 | 33.0% | 77.0% | ||
| Q1 25 | 26.9% | — | ||
| Q4 24 | 25.9% | — | ||
| Q3 24 | 31.8% | — | ||
| Q2 24 | 33.6% | — | ||
| Q1 24 | 30.1% | — |
营业利润率JJSFMH
| Q4 25 | 0.2% | 7.0% | ||
| Q3 25 | 2.8% | 23.4% | ||
| Q2 25 | 13.3% | 18.0% | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 1.7% | — | ||
| Q3 24 | 9.3% | — | ||
| Q2 24 | 11.4% | — | ||
| Q1 24 | 5.0% | — |
净利率JJSFMH
| Q4 25 | 0.3% | -4.7% | ||
| Q3 25 | 2.8% | 15.7% | ||
| Q2 25 | 9.7% | 0.1% | ||
| Q1 25 | 1.4% | — | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 6.9% | — | ||
| Q2 24 | 8.3% | — | ||
| Q1 24 | 3.7% | — |
每股收益（稀释后）JJSFMH
| Q4 25 | $0.05 | $-0.11 | ||
| Q3 25 | $0.59 | $0.57 | ||
| Q2 25 | $2.26 | $0.00 | ||
| Q1 25 | $0.25 | — | ||
| Q4 24 | $0.26 | — | ||
| Q3 24 | $1.52 | — | ||
| Q2 24 | $1.87 | — | ||
| Q1 24 | $0.69 | — |
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 | $514.4M |
| 总债务越低越好 | — | $2.6B |
| 股东权益账面价值 | $912.9M | $775.3M |
| 总资产 | $1.3B | $5.6B |
| 负债/权益比越低杠杆越低 | — | 3.36× |
8季度趋势，按日历期对齐
现金及短期投资JJSFMH
| Q4 25 | $66.8M | $514.4M | ||
| Q3 25 | $105.9M | $463.2M | ||
| Q2 25 | $77.4M | $247.3M | ||
| Q1 25 | $48.5M | — | ||
| Q4 24 | $73.6M | — | ||
| Q3 24 | $73.4M | — | ||
| Q2 24 | $64.0M | — | ||
| Q1 24 | $43.6M | — |
总债务JJSFMH
| Q4 25 | — | $2.6B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益JJSFMH
| Q4 25 | $912.9M | $775.3M | ||
| Q3 25 | $966.7M | $794.6M | ||
| Q2 25 | $969.9M | $283.3M | ||
| Q1 25 | $935.0M | — | ||
| Q4 24 | $946.8M | — | ||
| Q3 24 | $957.0M | — | ||
| Q2 24 | $937.9M | — | ||
| Q1 24 | $915.7M | — |
总资产JJSFMH
| Q4 25 | $1.3B | $5.6B | ||
| Q3 25 | $1.4B | $6.0B | ||
| Q2 25 | $1.4B | $5.7B | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.3B | — |
负债/权益比JJSFMH
| Q4 25 | — | 3.36× | ||
| Q3 25 | — | 3.52× | ||
| Q2 25 | — | 11.17× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $309.0M |
| 自由现金流经营现金流 - 资本支出 | $17.0M | $285.4M |
| 自由现金流率自由现金流/营收 | 4.9% | 65.7% |
| 资本支出强度资本支出/营收 | 5.5% | 5.4% |
| 现金转化率经营现金流/净利润 | 40.73× | — |
| 过去12个月自由现金流最近4个季度 | $83.1M | — |
8季度趋势，按日历期对齐
经营现金流JJSFMH
| Q4 25 | $36.0M | $309.0M | ||
| Q3 25 | $66.4M | $265.0M | ||
| Q2 25 | $51.2M | $-96.7M | ||
| Q1 25 | $12.3M | — | ||
| Q4 24 | $35.2M | — | ||
| Q3 24 | $46.3M | — | ||
| Q2 24 | $65.0M | — | ||
| Q1 24 | $12.7M | — |
自由现金流JJSFMH
| Q4 25 | $17.0M | $285.4M | ||
| Q3 25 | $44.8M | $243.8M | ||
| Q2 25 | $28.5M | $-112.9M | ||
| Q1 25 | $-7.2M | — | ||
| Q4 24 | $16.1M | — | ||
| Q3 24 | $29.1M | — | ||
| Q2 24 | $45.3M | — | ||
| Q1 24 | $-4.0M | — |
自由现金流率JJSFMH
| Q4 25 | 4.9% | 65.7% | ||
| Q3 25 | 10.9% | 36.4% | ||
| Q2 25 | 6.3% | -21.1% | ||
| Q1 25 | -2.0% | — | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 10.3% | — | ||
| Q1 24 | -1.1% | — |
资本支出强度JJSFMH
| Q4 25 | 5.5% | 5.4% | ||
| Q3 25 | 5.3% | 3.2% | ||
| Q2 25 | 5.0% | 3.0% | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | 4.5% | — | ||
| Q1 24 | 4.6% | — |
现金转化率JJSFMH
| Q4 25 | 40.73× | — | ||
| Q3 25 | 5.84× | 2.52× | ||
| Q2 25 | 1.16× | -192.53× | ||
| Q1 25 | 2.55× | — | ||
| Q4 24 | 6.84× | — | ||
| Q3 24 | 1.56× | — | ||
| 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% |
MH
| Higher Education | $225.4M | 52% |
| Digital | $103.5M | 24% |
| Other | $44.4M | 10% |
| Global Professional | $36.2M | 8% |
| $24.7M | 6% |
