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JOHNSON OUTDOORS INC（JOUT）与Tecnoglass Inc.（TGLS）财务数据对比。点击上方公司名可切换其他公司
Tecnoglass Inc.的季度营收约是JOHNSON OUTDOORS INC的1.7倍（$245.3M vs $140.9M），Tecnoglass Inc.净利率更高（10.6% vs -2.3%，领先13.0%），JOHNSON OUTDOORS INC同比增速更快（30.9% vs 2.4%），Tecnoglass Inc.自由现金流更多（$11.4M vs $-42.7M），过去两年Tecnoglass Inc.的营收复合增速更高（12.8% vs -10.5%）
强生户外公司（Johnson Outdoors）主营水上载具、潜水装备、露营用具、户外服饰等户外休闲用品的研发生产，业务网点遍布全球24个地区，现有员工约1400人，年销售额超3.15亿美元，自1999年起由海伦·约翰逊-莱波尔德执掌公司。
Tecnoglass Inc.是一家领先的建筑玻璃、铝制门窗及相关建材生产商，主要服务北美及拉美地区的住宅和商业建筑领域，为新建及翻新项目提供定制化、高能效的建筑解决方案。
JOUT vs TGLS — 直观对比
营收规模更大
TGLS
是对方的1.7倍
$140.9M
营收增速更快
JOUT
高出28.5%
2.4%
净利率更高
TGLS
高出13.0%
-2.3%
自由现金流更多
TGLS
多$54.1M
$-42.7M
两年增速更快
TGLS
近两年复合增速
-10.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $140.9M | $245.3M |
| 净利润 | $-3.3M | $26.1M |
| 毛利率 | 36.6% | 40.0% |
| 营业利润率 | -2.1% | 18.3% |
| 净利率 | -2.3% | 10.6% |
| 营收同比 | 30.9% | 2.4% |
| 净利润同比 | 78.4% | -44.5% |
| 每股收益（稀释后） | — | $0.57 |
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JOUTTGLS
| Q1 26 | $140.9M | — | ||
| Q4 25 | $135.8M | $245.3M | ||
| Q3 25 | — | $260.5M | ||
| Q2 25 | $180.7M | $255.5M | ||
| Q1 25 | $168.3M | $222.3M | ||
| Q4 24 | $107.6M | $239.6M | ||
| Q3 24 | $105.9M | $238.3M | ||
| Q2 24 | $172.5M | $219.7M |
净利润JOUTTGLS
| Q1 26 | $-3.3M | — | ||
| Q4 25 | $-29.1M | $26.1M | ||
| Q3 25 | — | $47.2M | ||
| Q2 25 | $7.7M | $44.1M | ||
| Q1 25 | $2.3M | $42.2M | ||
| Q4 24 | $-15.3M | $47.0M | ||
| Q3 24 | $-34.3M | $49.5M | ||
| Q2 24 | $1.6M | $35.0M |
毛利率JOUTTGLS
| Q1 26 | 36.6% | — | ||
| Q4 25 | 36.2% | 40.0% | ||
| Q3 25 | — | 42.7% | ||
| Q2 25 | 37.6% | 44.7% | ||
| Q1 25 | 35.0% | 43.9% | ||
| Q4 24 | 29.9% | 44.5% | ||
| Q3 24 | 23.5% | 45.8% | ||
| Q2 24 | 35.8% | 40.8% |
营业利润率JOUTTGLS
| Q1 26 | -2.1% | — | ||
| Q4 25 | -6.0% | 18.3% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | 4.1% | 24.0% | ||
| Q1 25 | 2.9% | 26.7% | ||
| Q4 24 | -18.8% | 28.0% | ||
| Q3 24 | -40.4% | 28.4% | ||
| Q2 24 | -0.3% | 23.3% |
净利率JOUTTGLS
| Q1 26 | -2.3% | — | ||
| Q4 25 | -21.4% | 10.6% | ||
| Q3 25 | — | 18.1% | ||
| Q2 25 | 4.3% | 17.3% | ||
| Q1 25 | 1.4% | 19.0% | ||
| Q4 24 | -14.2% | 19.6% | ||
| Q3 24 | -32.4% | 20.8% | ||
| Q2 24 | 0.9% | 15.9% |
每股收益（稀释后）JOUTTGLS
| Q1 26 | — | — | ||
| Q4 25 | — | $0.57 | ||
| Q3 25 | — | $1.01 | ||
| Q2 25 | — | $0.94 | ||
| Q1 25 | — | $0.90 | ||
| Q4 24 | — | $1.00 | ||
| Q3 24 | — | $1.05 | ||
| Q2 24 | — | $0.75 |
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 | $130.7M | $104.1M |
| 总债务越低越好 | $0 | $174.4M |
| 股东权益账面价值 | $413.5M | $713.1M |
| 总资产 | $600.1M | $1.3B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资JOUTTGLS
| Q1 26 | $130.7M | — | ||
| Q4 25 | $176.4M | $104.1M | ||
| Q3 25 | — | $127.1M | ||
| Q2 25 | $161.0M | $140.9M | ||
| Q1 25 | $94.0M | $160.2M | ||
| Q4 24 | $101.6M | $137.5M | ||
| Q3 24 | $162.0M | $124.8M | ||
| Q2 24 | $148.4M | $129.5M |
总债务JOUTTGLS
| Q1 26 | $0 | — | ||
| Q4 25 | $0 | $174.4M | ||
| Q3 25 | — | $114.7M | ||
| Q2 25 | $0 | $110.6M | ||
| Q1 25 | $0 | $110.6M | ||
| Q4 24 | $0 | $111.1M | ||
| Q3 24 | $0 | $126.8M | ||
| Q2 24 | $0 | $144.7M |
股东权益JOUTTGLS
| Q1 26 | $413.5M | — | ||
| Q4 25 | $418.4M | $713.1M | ||
| Q3 25 | — | $764.0M | ||
| Q2 25 | $450.5M | $736.0M | ||
| Q1 25 | $441.1M | $685.1M | ||
| Q4 24 | $440.3M | $631.2M | ||
| Q3 24 | $463.4M | $613.3M | ||
| Q2 24 | $498.7M | $574.8M |
总资产JOUTTGLS
| Q1 26 | $600.1M | — | ||
| Q4 25 | $604.1M | $1.3B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | $634.5M | $1.2B | ||
| Q1 25 | $624.5M | $1.1B | ||
| Q4 24 | $612.9M | $1.0B | ||
| Q3 24 | $635.2M | $996.3M | ||
| Q2 24 | $679.8M | $942.5M |
负债/权益比JOUTTGLS
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.00× | 0.24× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | 0.00× | 0.15× | ||
| Q1 25 | 0.00× | 0.16× | ||
| Q4 24 | 0.00× | 0.18× | ||
| Q3 24 | 0.00× | 0.21× | ||
| Q2 24 | 0.00× | 0.25× |
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 | $-38.4M | $31.0M |
| 自由现金流经营现金流 - 资本支出 | $-42.7M | $11.4M |
| 自由现金流率自由现金流/营收 | -30.3% | 4.7% |
| 资本支出强度资本支出/营收 | 3.0% | 8.0% |
| 现金转化率经营现金流/净利润 | — | 1.19× |
| 过去12个月自由现金流最近4个季度 | $38.5M | $34.5M |
8季度趋势，按日历期对齐
经营现金流JOUTTGLS
| Q1 26 | $-38.4M | — | ||
| Q4 25 | $23.4M | $31.0M | ||
| Q3 25 | — | $40.0M | ||
| Q2 25 | $71.4M | $17.9M | ||
| Q1 25 | $-1.7M | $46.9M | ||
| Q4 24 | $-36.9M | $61.1M | ||
| Q3 24 | $19.1M | $41.5M | ||
| Q2 24 | $73.7M | $34.5M |
自由现金流JOUTTGLS
| Q1 26 | $-42.7M | — | ||
| Q4 25 | $19.2M | $11.4M | ||
| Q3 25 | — | $21.2M | ||
| Q2 25 | $66.9M | $-14.7M | ||
| Q1 25 | $-5.0M | $16.5M | ||
| Q4 24 | $-41.0M | $35.4M | ||
| Q3 24 | $13.5M | $17.8M | ||
| Q2 24 | $67.4M | $14.2M |
自由现金流率JOUTTGLS
| Q1 26 | -30.3% | — | ||
| Q4 25 | 14.2% | 4.7% | ||
| Q3 25 | — | 8.2% | ||
| Q2 25 | 37.0% | -5.7% | ||
| Q1 25 | -2.9% | 7.4% | ||
| Q4 24 | -38.1% | 14.8% | ||
| Q3 24 | 12.8% | 7.5% | ||
| Q2 24 | 39.1% | 6.5% |
资本支出强度JOUTTGLS
| Q1 26 | 3.0% | — | ||
| Q4 25 | 3.1% | 8.0% | ||
| Q3 25 | — | 7.2% | ||
| Q2 25 | 2.5% | 12.7% | ||
| Q1 25 | 2.0% | 13.7% | ||
| Q4 24 | 3.8% | 10.7% | ||
| Q3 24 | 5.3% | 9.9% | ||
| Q2 24 | 3.6% | 9.2% |
现金转化率JOUTTGLS
| Q1 26 | — | — | ||
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 0.85× | ||
| Q2 25 | 9.22× | 0.41× | ||
| Q1 25 | -0.72× | 1.11× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 0.84× | ||
| Q2 24 | 45.41× | 0.98× |
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
JOUT
| Fishing Segment | $112.1M | 80% |
| Diving Segment | $18.0M | 13% |
| Camping Watercraft Recreation Segment | $10.6M | 8% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
