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J&J SNACK FOODS CORP（JJSF）与优莎娜（USNA）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的季度营收约是优莎娜的1.4倍（$343.8M vs $250.2M），优莎娜净利率更高（3.0% vs 0.3%，领先2.7%），优莎娜同比增速更快（-3.0% vs -5.2%），过去两年优莎娜的营收复合增速更高（11.8% 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。
USANA是总部位于美国犹他州盐湖城的多层次营销企业，以 revenue 计位列2021年全球第14大直销企业。公司主打营养产品、膳食补充剂与护肤产品，大部分产品在盐湖城自有工厂生产，产品通过独立经销商网络销往全球24个国家。
JJSF vs USNA — 直观对比
营收规模更大
JJSF
是对方的1.4倍
$250.2M
营收增速更快
USNA
高出2.2%
-5.2%
净利率更高
USNA
高出2.7%
0.3%
两年增速更快
USNA
近两年复合增速
-2.2%
损益表 — Q1 FY2026 vs Q1 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $343.8M | $250.2M |
| 净利润 | $883.0K | $7.5M |
| 毛利率 | 27.9% | 76.2% |
| 营业利润率 | 0.2% | 5.5% |
| 净利率 | 0.3% | 3.0% |
| 营收同比 | -5.2% | -3.0% |
| 净利润同比 | -82.8% | -20.0% |
| 每股收益（稀释后） | $0.05 | $0.41 |
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JJSFUSNA
| Q1 26 | — | $250.2M | ||
| Q4 25 | $343.8M | $226.2M | ||
| Q3 25 | $410.2M | $213.7M | ||
| Q2 25 | $454.3M | $235.8M | ||
| Q1 25 | $356.1M | $249.5M | ||
| Q4 24 | $362.6M | $213.6M | ||
| Q3 24 | $426.8M | $200.2M | ||
| Q2 24 | $440.0M | — |
净利润JJSFUSNA
| Q1 26 | — | $7.5M | ||
| Q4 25 | $883.0K | $180.0K | ||
| Q3 25 | $11.4M | $-6.5M | ||
| Q2 25 | $44.2M | $9.7M | ||
| Q1 25 | $4.8M | $9.4M | ||
| Q4 24 | $5.1M | $4.5M | ||
| Q3 24 | $29.6M | $10.6M | ||
| Q2 24 | $36.3M | — |
毛利率JJSFUSNA
| Q1 26 | — | 76.2% | ||
| Q4 25 | 27.9% | 78.2% | ||
| Q3 25 | 31.7% | 77.2% | ||
| Q2 25 | 33.0% | 78.7% | ||
| Q1 25 | 26.9% | 79.0% | ||
| Q4 24 | 25.9% | 82.0% | ||
| Q3 24 | 31.8% | 80.4% | ||
| Q2 24 | 33.6% | — |
营业利润率JJSFUSNA
| Q1 26 | — | 5.5% | ||
| Q4 25 | 0.2% | 1.7% | ||
| Q3 25 | 2.8% | 0.6% | ||
| Q2 25 | 13.3% | 7.1% | ||
| Q1 25 | 1.7% | 6.3% | ||
| Q4 24 | 1.7% | 3.8% | ||
| Q3 24 | 9.3% | 7.8% | ||
| Q2 24 | 11.4% | — |
净利率JJSFUSNA
| Q1 26 | — | 3.0% | ||
| Q4 25 | 0.3% | 0.1% | ||
| Q3 25 | 2.8% | -3.1% | ||
| Q2 25 | 9.7% | 4.1% | ||
| Q1 25 | 1.4% | 3.8% | ||
| Q4 24 | 1.4% | 2.1% | ||
| Q3 24 | 6.9% | 5.3% | ||
| Q2 24 | 8.3% | — |
每股收益（稀释后）JJSFUSNA
| Q1 26 | — | $0.41 | ||
| Q4 25 | $0.05 | $-0.10 | ||
| Q3 25 | $0.59 | $-0.36 | ||
| Q2 25 | $2.26 | $0.52 | ||
| Q1 25 | $0.25 | $0.49 | ||
| Q4 24 | $0.26 | $0.23 | ||
| Q3 24 | $1.52 | $0.56 | ||
| Q2 24 | $1.87 | — |
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 | $162.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $912.9M | — |
| 总资产 | $1.3B | $739.0M |
| 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JJSFUSNA
| Q1 26 | — | $162.8M | ||
| Q4 25 | $66.8M | $158.4M | ||
| Q3 25 | $105.9M | $145.3M | ||
| Q2 25 | $77.4M | $151.3M | ||
| Q1 25 | $48.5M | $179.6M | ||
| Q4 24 | $73.6M | $181.8M | ||
| Q3 24 | $73.4M | $364.9M | ||
| Q2 24 | $64.0M | — |
股东权益JJSFUSNA
| Q1 26 | — | — | ||
| Q4 25 | $912.9M | — | ||
| Q3 25 | $966.7M | $528.1M | ||
| Q2 25 | $969.9M | $531.1M | ||
| Q1 25 | $935.0M | $529.8M | ||
| Q4 24 | $946.8M | $532.1M | ||
| Q3 24 | $957.0M | $533.1M | ||
| Q2 24 | $937.9M | — |
总资产JJSFUSNA
| Q1 26 | — | $739.0M | ||
| Q4 25 | $1.3B | $742.9M | ||
| Q3 25 | $1.4B | $726.6M | ||
| Q2 25 | $1.4B | $734.5M | ||
| Q1 25 | $1.4B | $746.6M | ||
| Q4 24 | $1.3B | $748.2M | ||
| Q3 24 | $1.4B | $671.3M | ||
| Q2 24 | $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JJSFUSNA
| Q1 26 | — | — | ||
| Q4 25 | $36.0M | — | ||
| Q3 25 | $66.4M | $-2.0M | ||
| Q2 25 | $51.2M | $12.2M | ||
| Q1 25 | $12.3M | $15.5M | ||
| Q4 24 | $35.2M | $5.8M | ||
| Q3 24 | $46.3M | $29.5M | ||
| Q2 24 | $65.0M | — |
自由现金流JJSFUSNA
| Q1 26 | — | — | ||
| Q4 25 | $17.0M | — | ||
| Q3 25 | $44.8M | $-5.2M | ||
| Q2 25 | $28.5M | $7.2M | ||
| Q1 25 | $-7.2M | $12.7M | ||
| Q4 24 | $16.1M | $4.0M | ||
| Q3 24 | $29.1M | $27.1M | ||
| Q2 24 | $45.3M | — |
自由现金流率JJSFUSNA
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | — | ||
| Q3 25 | 10.9% | -2.4% | ||
| Q2 25 | 6.3% | 3.0% | ||
| Q1 25 | -2.0% | 5.1% | ||
| Q4 24 | 4.4% | 1.9% | ||
| Q3 24 | 6.8% | 13.6% | ||
| Q2 24 | 10.3% | — |
资本支出强度JJSFUSNA
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | — | ||
| Q3 25 | 5.3% | 1.5% | ||
| Q2 25 | 5.0% | 2.1% | ||
| Q1 25 | 5.5% | 1.1% | ||
| Q4 24 | 5.3% | 0.8% | ||
| Q3 24 | 4.0% | 1.2% | ||
| Q2 24 | 4.5% | — |
现金转化率JJSFUSNA
| Q1 26 | — | — | ||
| Q4 25 | 40.73× | — | ||
| Q3 25 | 5.84× | — | ||
| Q2 25 | 1.16× | 1.27× | ||
| Q1 25 | 2.55× | 1.65× | ||
| Q4 24 | 6.84× | 1.29× | ||
| Q3 24 | 1.56× | 2.78× | ||
| Q2 24 | 1.79× | — |
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% |
USNA
暂无分部数据
