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百胜餐饮集团（LCUT）与迈心诺（MASI）财务数据对比。点击上方公司名可切换其他公司
迈心诺的季度营收约是百胜餐饮集团的1.8倍（$371.5M vs $204.1M），百胜餐饮集团净利率更高（8.9% vs -27.0%，领先35.9%），百胜餐饮集团同比增速更快（-5.2% vs -26.4%），迈心诺自由现金流更多（$50.9M vs $2.6M），过去两年百胜餐饮集团的营收复合增速更高（19.8% vs -17.7%）
百胜餐饮集团是美国跨国快餐企业，1977年百事可乐收购肯德基、必胜客、塔可Bell后将其整合为旗下子公司，1997年百事剥离该业务板块后正式独立为百胜集团。集团目前运营肯德基、必胜客、塔可Bell、哈比特汉堡等多个餐饮品牌，同时布局相关餐饮科技业务，门店网络遍布全球多个国家和地区。
迈心诺（Masimo Corporation）是总部位于美国加利福尼亚州尔湾的健康科技及消费电子企业，核心产品包括面向医院及家用场景的患者监护设备、无创传感器及配套软件平台，同时也布局了消费级音频和可穿戴设备赛道。
LCUT vs MASI — 直观对比
营收规模更大
MASI
是对方的1.8倍
$204.1M
营收增速更快
LCUT
高出21.2%
-26.4%
净利率更高
LCUT
高出35.9%
-27.0%
自由现金流更多
MASI
多$48.3M
$2.6M
两年增速更快
LCUT
近两年复合增速
-17.7%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $204.1M | $371.5M |
| 净利润 | $18.2M | $-100.4M |
| 毛利率 | 38.6% | 62.1% |
| 营业利润率 | 9.8% | 22.5% |
| 净利率 | 8.9% | -27.0% |
| 营收同比 | -5.2% | -26.4% |
| 净利润同比 | 103.5% | -1124.5% |
| 每股收益（稀释后） | $0.83 | $-1.84 |
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LCUTMASI
| Q4 25 | $204.1M | — | ||
| Q3 25 | $171.9M | $371.5M | ||
| Q2 25 | $131.9M | $370.9M | ||
| Q1 25 | $140.1M | $372.0M | ||
| Q4 24 | $215.2M | $600.7M | ||
| Q3 24 | $183.8M | $504.6M | ||
| Q2 24 | $141.7M | $496.3M | ||
| Q1 24 | $142.2M | $492.8M |
净利润LCUTMASI
| Q4 25 | $18.2M | — | ||
| Q3 25 | $-1.2M | $-100.4M | ||
| Q2 25 | $-39.7M | $51.3M | ||
| Q1 25 | $-4.2M | $-170.7M | ||
| Q4 24 | $8.9M | $-349.6M | ||
| Q3 24 | $344.0K | $9.8M | ||
| Q2 24 | $-18.2M | $16.0M | ||
| Q1 24 | $-6.3M | $18.9M |
毛利率LCUTMASI
| Q4 25 | 38.6% | — | ||
| Q3 25 | 35.1% | 62.1% | ||
| Q2 25 | 38.6% | 62.9% | ||
| Q1 25 | 36.1% | 62.9% | ||
| Q4 24 | 37.7% | 40.7% | ||
| Q3 24 | 36.7% | 52.2% | ||
| Q2 24 | 38.5% | 51.3% | ||
| Q1 24 | 40.5% | 49.0% |
营业利润率LCUTMASI
| Q4 25 | 9.8% | — | ||
| Q3 25 | 3.9% | 22.5% | ||
| Q2 25 | -28.2% | 17.4% | ||
| Q1 25 | 0.8% | 21.0% | ||
| Q4 24 | 7.2% | -59.8% | ||
| Q3 24 | 4.7% | 6.0% | ||
| Q2 24 | 0.8% | 5.7% | ||
| Q1 24 | 1.3% | 6.9% |
净利率LCUTMASI
| Q4 25 | 8.9% | — | ||
| Q3 25 | -0.7% | -27.0% | ||
| Q2 25 | -30.1% | 13.8% | ||
| Q1 25 | -3.0% | -45.9% | ||
| Q4 24 | 4.1% | -58.2% | ||
| Q3 24 | 0.2% | 1.9% | ||
| Q2 24 | -12.8% | 3.2% | ||
| Q1 24 | -4.4% | 3.8% |
每股收益（稀释后）LCUTMASI
| Q4 25 | $0.83 | — | ||
| Q3 25 | $-0.05 | $-1.84 | ||
| Q2 25 | $-1.83 | $0.94 | ||
| Q1 25 | $-0.19 | $-3.12 | ||
| Q4 24 | $0.41 | $-6.54 | ||
| Q3 24 | $0.02 | $0.18 | ||
| Q2 24 | $-0.85 | $0.29 | ||
| Q1 24 | $-0.29 | $0.35 |
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 | $4.3M | $312.3M |
| 总债务越低越好 | $135.0M | $559.1M |
| 股东权益账面价值 | $202.3M | $810.0M |
| 总资产 | $572.6M | $1.8B |
| 负债/权益比越低杠杆越低 | 0.67× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资LCUTMASI
| Q4 25 | $4.3M | — | ||
| Q3 25 | $12.1M | $312.3M | ||
| Q2 25 | $12.0M | $149.6M | ||
| Q1 25 | $10.4M | $130.8M | ||
| Q4 24 | $2.9M | $177.6M | ||
| Q3 24 | $6.0M | $158.5M | ||
| Q2 24 | $3.4M | $129.6M | ||
| Q1 24 | $4.6M | $157.6M |
总债务LCUTMASI
| Q4 25 | $135.0M | — | ||
| Q3 25 | — | $559.1M | ||
| Q2 25 | — | $613.7M | ||
| Q1 25 | — | $651.0M | ||
| Q4 24 | $142.5M | $765.2M | ||
| Q3 24 | — | $772.6M | ||
| Q2 24 | — | $781.6M | ||
| Q1 24 | — | $876.0M |
股东权益LCUTMASI
| Q4 25 | $202.3M | — | ||
| Q3 25 | $184.6M | $810.0M | ||
| Q2 25 | $185.8M | $1.0B | ||
| Q1 25 | $225.7M | $946.4M | ||
| Q4 24 | $229.9M | $1.1B | ||
| Q3 24 | $220.9M | $1.5B | ||
| Q2 24 | $219.8M | $1.4B | ||
| Q1 24 | $223.7M | $1.4B |
总资产LCUTMASI
| Q4 25 | $572.6M | — | ||
| Q3 25 | $581.1M | $1.8B | ||
| Q2 25 | $551.9M | $2.4B | ||
| Q1 25 | $594.6M | $2.3B | ||
| Q4 24 | $634.3M | $2.6B | ||
| Q3 24 | $668.7M | $3.1B | ||
| Q2 24 | $617.0M | $2.9B | ||
| Q1 24 | $602.7M | $3.0B |
负债/权益比LCUTMASI
| Q4 25 | 0.67× | — | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.59× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | 0.62× | 0.73× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | 0.57× | ||
| Q1 24 | — | 0.64× |
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 | $3.7M | $56.8M |
| 自由现金流经营现金流 - 资本支出 | $2.6M | $50.9M |
| 自由现金流率自由现金流/营收 | 1.3% | 13.7% |
| 资本支出强度资本支出/营收 | 0.6% | 1.6% |
| 现金转化率经营现金流/净利润 | 0.21× | — |
| 过去12个月自由现金流最近4个季度 | $3.3M | $191.0M |
8季度趋势，按日历期对齐
经营现金流LCUTMASI
| Q4 25 | $3.7M | — | ||
| Q3 25 | $-22.2M | $56.8M | ||
| Q2 25 | $9.3M | $69.4M | ||
| Q1 25 | $16.7M | $31.1M | ||
| Q4 24 | $20.3M | $50.5M | ||
| Q3 24 | $-22.7M | $25.6M | ||
| Q2 24 | $10.4M | $74.5M | ||
| Q1 24 | $10.5M | $45.8M |
自由现金流LCUTMASI
| Q4 25 | $2.6M | — | ||
| Q3 25 | $-22.7M | $50.9M | ||
| Q2 25 | $8.2M | $65.6M | ||
| Q1 25 | $15.1M | $28.5M | ||
| Q4 24 | $19.7M | $46.0M | ||
| Q3 24 | $-23.2M | $16.9M | ||
| Q2 24 | $9.9M | $66.9M | ||
| Q1 24 | $9.9M | $37.6M |
自由现金流率LCUTMASI
| Q4 25 | 1.3% | — | ||
| Q3 25 | -13.2% | 13.7% | ||
| Q2 25 | 6.2% | 17.7% | ||
| Q1 25 | 10.8% | 7.7% | ||
| Q4 24 | 9.1% | 7.7% | ||
| Q3 24 | -12.6% | 3.3% | ||
| Q2 24 | 7.0% | 13.5% | ||
| Q1 24 | 7.0% | 7.6% |
资本支出强度LCUTMASI
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.3% | 1.6% | ||
| Q2 25 | 0.9% | 1.0% | ||
| Q1 25 | 1.1% | 0.7% | ||
| Q4 24 | 0.3% | 0.7% | ||
| Q3 24 | 0.3% | 1.7% | ||
| Q2 24 | 0.4% | 1.5% | ||
| Q1 24 | 0.4% | 1.7% |
现金转化率LCUTMASI
| Q4 25 | 0.21× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.35× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.28× | — | ||
| Q3 24 | -65.89× | 2.61× | ||
| Q2 24 | — | 4.66× | ||
| Q1 24 | — | 2.42× |
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
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
MASI
暂无分部数据
