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J&J SNACK FOODS CORP（JJSF）与Gentherm Inc（THRM）财务数据对比。点击上方公司名可切换其他公司
Gentherm Inc的季度营收约是J&J SNACK FOODS CORP的1.1倍（$382.8M vs $343.8M），Gentherm Inc净利率更高（0.8% vs 0.3%，领先0.5%），Gentherm Inc同比增速更快（8.5% vs -5.2%），J&J SNACK FOODS CORP自由现金流更多（$17.0M vs $6.7M），过去两年Gentherm Inc的营收复合增速更高（3.7% 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。
金瑟公司（原阿梅里贡）是一家美国热管理技术企业，为汽车行业研发出了全球首款热电调温座椅系统——气候控制座椅系统。该系统于1999年率先被福特汽车采纳，作为选装配置搭载在2000款林肯领航员上，如今已应用于福特、通用、丰田（雷克萨斯）、起亚、现代、日产（英菲尼迪）等车企的50余款车型。
JJSF vs THRM — 直观对比
营收规模更大
THRM
是对方的1.1倍
$343.8M
营收增速更快
THRM
高出13.7%
-5.2%
净利率更高
THRM
高出0.5%
0.3%
自由现金流更多
JJSF
多$10.3M
$6.7M
两年增速更快
THRM
近两年复合增速
-2.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $343.8M | $382.8M |
| 净利润 | $883.0K | $3.0M |
| 毛利率 | 27.9% | 23.7% |
| 营业利润率 | 0.2% | 4.6% |
| 净利率 | 0.3% | 0.8% |
| 营收同比 | -5.2% | 8.5% |
| 净利润同比 | -82.8% | -80.5% |
| 每股收益（稀释后） | $0.05 | $0.08 |
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JJSFTHRM
| Q4 25 | $343.8M | $382.8M | ||
| Q3 25 | $410.2M | $386.9M | ||
| Q2 25 | $454.3M | $375.1M | ||
| Q1 25 | $356.1M | $353.9M | ||
| Q4 24 | $362.6M | $352.9M | ||
| Q3 24 | $426.8M | $371.5M | ||
| Q2 24 | $440.0M | $375.7M | ||
| Q1 24 | $359.7M | $356.0M |
净利润JJSFTHRM
| Q4 25 | $883.0K | $3.0M | ||
| Q3 25 | $11.4M | $14.9M | ||
| Q2 25 | $44.2M | $477.0K | ||
| Q1 25 | $4.8M | $-128.0K | ||
| Q4 24 | $5.1M | $15.3M | ||
| Q3 24 | $29.6M | $16.0M | ||
| Q2 24 | $36.3M | $18.9M | ||
| Q1 24 | $13.3M | $14.8M |
毛利率JJSFTHRM
| Q4 25 | 27.9% | 23.7% | ||
| Q3 25 | 31.7% | 24.6% | ||
| Q2 25 | 33.0% | 23.9% | ||
| Q1 25 | 26.9% | 24.4% | ||
| Q4 24 | 25.9% | 24.4% | ||
| Q3 24 | 31.8% | 25.5% | ||
| Q2 24 | 33.6% | 25.7% | ||
| Q1 24 | 30.1% | 24.9% |
营业利润率JJSFTHRM
| Q4 25 | 0.2% | 4.6% | ||
| Q3 25 | 2.8% | 6.2% | ||
| Q2 25 | 13.3% | 6.4% | ||
| Q1 25 | 1.7% | 4.8% | ||
| Q4 24 | 1.7% | 6.7% | ||
| Q3 24 | 9.3% | 8.7% | ||
| Q2 24 | 11.4% | 8.8% | ||
| Q1 24 | 5.0% | 5.1% |
净利率JJSFTHRM
| Q4 25 | 0.3% | 0.8% | ||
| Q3 25 | 2.8% | 3.9% | ||
| Q2 25 | 9.7% | 0.1% | ||
| Q1 25 | 1.4% | -0.0% | ||
| Q4 24 | 1.4% | 4.3% | ||
| Q3 24 | 6.9% | 4.3% | ||
| Q2 24 | 8.3% | 5.0% | ||
| Q1 24 | 3.7% | 4.2% |
每股收益（稀释后）JJSFTHRM
| Q4 25 | $0.05 | $0.08 | ||
| Q3 25 | $0.59 | $0.49 | ||
| Q2 25 | $2.26 | $0.02 | ||
| Q1 25 | $0.25 | $0.00 | ||
| Q4 24 | $0.26 | $0.48 | ||
| Q3 24 | $1.52 | $0.51 | ||
| Q2 24 | $1.87 | $0.60 | ||
| Q1 24 | $0.69 | $0.47 |
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 | $160.8M |
| 总债务越低越好 | — | $189.0M |
| 股东权益账面价值 | $912.9M | $720.3M |
| 总资产 | $1.3B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资JJSFTHRM
| Q4 25 | $66.8M | $160.8M | ||
| Q3 25 | $105.9M | $154.3M | ||
| Q2 25 | $77.4M | $128.3M | ||
| Q1 25 | $48.5M | $163.1M | ||
| Q4 24 | $73.6M | $134.1M | ||
| Q3 24 | $73.4M | $150.6M | ||
| Q2 24 | $64.0M | $123.5M | ||
| Q1 24 | $43.6M | $125.1M |
总债务JJSFTHRM
| Q4 25 | — | $189.0M | ||
| Q3 25 | — | $189.0M | ||
| Q2 25 | — | $209.0M | ||
| Q1 25 | — | $262.0M | ||
| Q4 24 | — | $220.1M | ||
| Q3 24 | — | $222.1M | ||
| Q2 24 | — | $222.1M | ||
| Q1 24 | — | $222.2M |
股东权益JJSFTHRM
| Q4 25 | $912.9M | $720.3M | ||
| Q3 25 | $966.7M | $717.9M | ||
| Q2 25 | $969.9M | $699.7M | ||
| Q1 25 | $935.0M | $646.5M | ||
| Q4 24 | $946.8M | $616.9M | ||
| Q3 24 | $957.0M | $660.7M | ||
| Q2 24 | $937.9M | $640.3M | ||
| Q1 24 | $915.7M | $647.1M |
总资产JJSFTHRM
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.4B | $1.4B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.3B | $1.2B | ||
| Q3 24 | $1.4B | $1.3B | ||
| Q2 24 | $1.4B | $1.2B | ||
| Q1 24 | $1.3B | $1.3B |
负债/权益比JJSFTHRM
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.30× | ||
| Q1 25 | — | 0.41× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.34× | ||
| Q2 24 | — | 0.35× | ||
| Q1 24 | — | 0.34× |
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 | $29.0M |
| 自由现金流经营现金流 - 资本支出 | $17.0M | $6.7M |
| 自由现金流率自由现金流/营收 | 4.9% | 1.7% |
| 资本支出强度资本支出/营收 | 5.5% | 5.8% |
| 现金转化率经营现金流/净利润 | 40.73× | 9.70× |
| 过去12个月自由现金流最近4个季度 | $83.1M | $61.1M |
8季度趋势，按日历期对齐
经营现金流JJSFTHRM
| Q4 25 | $36.0M | $29.0M | ||
| Q3 25 | $66.4M | $56.1M | ||
| Q2 25 | $51.2M | $45.0M | ||
| Q1 25 | $12.3M | $-13.3M | ||
| Q4 24 | $35.2M | $36.6M | ||
| Q3 24 | $46.3M | $46.3M | ||
| Q2 24 | $65.0M | $37.1M | ||
| Q1 24 | $12.7M | $-10.3M |
自由现金流JJSFTHRM
| Q4 25 | $17.0M | $6.7M | ||
| Q3 25 | $44.8M | $46.5M | ||
| Q2 25 | $28.5M | $36.2M | ||
| Q1 25 | $-7.2M | $-28.2M | ||
| Q4 24 | $16.1M | $13.6M | ||
| Q3 24 | $29.1M | $26.6M | ||
| Q2 24 | $45.3M | $17.8M | ||
| Q1 24 | $-4.0M | $-21.6M |
自由现金流率JJSFTHRM
| Q4 25 | 4.9% | 1.7% | ||
| Q3 25 | 10.9% | 12.0% | ||
| Q2 25 | 6.3% | 9.6% | ||
| Q1 25 | -2.0% | -8.0% | ||
| Q4 24 | 4.4% | 3.9% | ||
| Q3 24 | 6.8% | 7.2% | ||
| Q2 24 | 10.3% | 4.7% | ||
| Q1 24 | -1.1% | -6.1% |
资本支出强度JJSFTHRM
| Q4 25 | 5.5% | 5.8% | ||
| Q3 25 | 5.3% | 2.5% | ||
| Q2 25 | 5.0% | 2.4% | ||
| Q1 25 | 5.5% | 4.2% | ||
| Q4 24 | 5.3% | 6.5% | ||
| Q3 24 | 4.0% | 5.3% | ||
| Q2 24 | 4.5% | 5.2% | ||
| Q1 24 | 4.6% | 3.2% |
现金转化率JJSFTHRM
| Q4 25 | 40.73× | 9.70× | ||
| Q3 25 | 5.84× | 3.75× | ||
| Q2 25 | 1.16× | 94.43× | ||
| Q1 25 | 2.55× | — | ||
| Q4 24 | 6.84× | 2.39× | ||
| Q3 24 | 1.56× | 2.90× | ||
| Q2 24 | 1.79× | 1.97× | ||
| Q1 24 | 0.96× | -0.70× |
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% |
THRM
| Climate Control Seats | $200.9M | 52% |
| Lumbar And Massage Comfort Solutions | $58.5M | 15% |
| Climate Control Interiors | $50.3M | 13% |
| Other Automotive | $27.6M | 7% |
| Valve Systems | $24.1M | 6% |
| Medical Segments | $13.9M | 4% |
| Climate And Comfort Electronics | $7.4M | 2% |
