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J&J SNACK FOODS CORP（JJSF）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
BOSTON BEER CO INC的季度营收约是J&J SNACK FOODS CORP的1.3倍（$461.6M vs $343.8M），BOSTON BEER CO INC同比增速更快（-4.1% vs -5.2%），过去两年J&J SNACK FOODS CORP的营收复合增速更高（-2.2% vs -10.7%）
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。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
JJSF vs SAM — 直观对比
营收规模更大
SAM
是对方的1.3倍
$343.8M
营收增速更快
SAM
高出1.1%
-5.2%
两年增速更快
JJSF
近两年复合增速
-10.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $343.8M | $461.6M |
| 净利润 | $883.0K | — |
| 毛利率 | 27.9% | 46.4% |
| 营业利润率 | 0.2% | 12.4% |
| 净利率 | 0.3% | — |
| 营收同比 | -5.2% | -4.1% |
| 净利润同比 | -82.8% | — |
| 每股收益（稀释后） | $0.05 | $2.16 |
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JJSFSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $343.8M | $385.7M | ||
| Q3 25 | $410.2M | $537.5M | ||
| Q2 25 | $454.3M | $587.9M | ||
| Q1 25 | $356.1M | $453.9M | ||
| Q4 24 | $362.6M | $402.3M | ||
| Q3 24 | $426.8M | $605.5M | ||
| Q2 24 | $440.0M | $579.1M |
净利润JJSFSAM
| Q1 26 | — | — | ||
| Q4 25 | $883.0K | $-22.5M | ||
| Q3 25 | $11.4M | $46.2M | ||
| Q2 25 | $44.2M | $60.4M | ||
| Q1 25 | $4.8M | $24.4M | ||
| Q4 24 | $5.1M | $-38.8M | ||
| Q3 24 | $29.6M | $33.5M | ||
| Q2 24 | $36.3M | $52.3M |
毛利率JJSFSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | 27.9% | 43.5% | ||
| Q3 25 | 31.7% | 50.8% | ||
| Q2 25 | 33.0% | 49.8% | ||
| Q1 25 | 26.9% | 48.3% | ||
| Q4 24 | 25.9% | 39.9% | ||
| Q3 24 | 31.8% | 46.3% | ||
| Q2 24 | 33.6% | 46.0% |
营业利润率JJSFSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | 0.2% | -8.6% | ||
| Q3 25 | 2.8% | 11.5% | ||
| Q2 25 | 13.3% | 14.0% | ||
| Q1 25 | 1.7% | 7.4% | ||
| Q4 24 | 1.7% | -13.9% | ||
| Q3 24 | 9.3% | 7.6% | ||
| Q2 24 | 11.4% | 12.2% |
净利率JJSFSAM
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | -5.8% | ||
| Q3 25 | 2.8% | 8.6% | ||
| Q2 25 | 9.7% | 10.3% | ||
| Q1 25 | 1.4% | 5.4% | ||
| Q4 24 | 1.4% | -9.6% | ||
| Q3 24 | 6.9% | 5.5% | ||
| Q2 24 | 8.3% | 9.0% |
每股收益（稀释后）JJSFSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | $0.05 | $-1.97 | ||
| Q3 25 | $0.59 | $4.25 | ||
| Q2 25 | $2.26 | $5.45 | ||
| Q1 25 | $0.25 | $2.16 | ||
| Q4 24 | $0.26 | $-3.23 | ||
| Q3 24 | $1.52 | $2.86 | ||
| Q2 24 | $1.87 | $4.39 |
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 | $164.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $912.9M | $682.6M |
| 总资产 | $1.3B | $1.2B |
| 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JJSFSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | $66.8M | $223.4M | ||
| Q3 25 | $105.9M | $250.5M | ||
| Q2 25 | $77.4M | $212.4M | ||
| Q1 25 | $48.5M | $152.5M | ||
| Q4 24 | $73.6M | $211.8M | ||
| Q3 24 | $73.4M | $255.6M | ||
| Q2 24 | $64.0M | $219.3M |
股东权益JJSFSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $912.9M | $846.3M | ||
| Q3 25 | $966.7M | $911.0M | ||
| Q2 25 | $969.9M | $912.3M | ||
| Q1 25 | $935.0M | $897.0M | ||
| Q4 24 | $946.8M | $916.2M | ||
| Q3 24 | $957.0M | $1.0B | ||
| Q2 24 | $937.9M | $1.0B |
总资产JJSFSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $1.4B | $1.3B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.4B | $1.4B |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $17.0M | — |
| 自由现金流率自由现金流/营收 | 4.9% | — |
| 资本支出强度资本支出/营收 | 5.5% | — |
| 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JJSFSAM
| Q1 26 | — | — | ||
| Q4 25 | $36.0M | $39.9M | ||
| Q3 25 | $66.4M | $101.8M | ||
| Q2 25 | $51.2M | $126.5M | ||
| Q1 25 | $12.3M | $1.9M | ||
| Q4 24 | $35.2M | $41.9M | ||
| Q3 24 | $46.3M | $115.9M | ||
| Q2 24 | $65.0M | $96.0M |
自由现金流JJSFSAM
| Q1 26 | — | — | ||
| Q4 25 | $17.0M | $22.1M | ||
| Q3 25 | $44.8M | $89.2M | ||
| Q2 25 | $28.5M | $112.2M | ||
| Q1 25 | $-7.2M | $-8.0M | ||
| Q4 24 | $16.1M | $18.4M | ||
| Q3 24 | $29.1M | $99.2M | ||
| Q2 24 | $45.3M | $75.6M |
自由现金流率JJSFSAM
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 5.7% | ||
| Q3 25 | 10.9% | 16.6% | ||
| Q2 25 | 6.3% | 19.1% | ||
| Q1 25 | -2.0% | -1.8% | ||
| Q4 24 | 4.4% | 4.6% | ||
| Q3 24 | 6.8% | 16.4% | ||
| Q2 24 | 10.3% | 13.1% |
资本支出强度JJSFSAM
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | 4.6% | ||
| Q3 25 | 5.3% | 2.3% | ||
| Q2 25 | 5.0% | 2.4% | ||
| Q1 25 | 5.5% | 2.2% | ||
| Q4 24 | 5.3% | 5.8% | ||
| Q3 24 | 4.0% | 2.8% | ||
| Q2 24 | 4.5% | 3.5% |
现金转化率JJSFSAM
| Q1 26 | — | — | ||
| Q4 25 | 40.73× | — | ||
| Q3 25 | 5.84× | 2.21× | ||
| Q2 25 | 1.16× | 2.09× | ||
| Q1 25 | 2.55× | 0.08× | ||
| Q4 24 | 6.84× | — | ||
| Q3 24 | 1.56× | 3.46× | ||
| Q2 24 | 1.79× | 1.83× |
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% |
SAM
暂无分部数据
