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百胜餐饮集团（LCUT）与ONESPAWORLD HOLDINGS Ltd（OSW）财务数据对比。点击上方公司名可切换其他公司
ONESPAWORLD HOLDINGS Ltd的季度营收约是百胜餐饮集团的1.2倍（$242.1M vs $204.1M），百胜餐饮集团净利率更高（8.9% vs 5.0%，领先3.9%），ONESPAWORLD HOLDINGS Ltd同比增速更快（11.5% vs -5.2%），ONESPAWORLD HOLDINGS Ltd自由现金流更多（$14.9M 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 7.1%）
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。
LCUT vs OSW — 直观对比
营收规模更大
OSW
是对方的1.2倍
$204.1M
营收增速更快
OSW
高出16.6%
-5.2%
净利率更高
LCUT
高出3.9%
5.0%
自由现金流更多
OSW
多$12.3M
$2.6M
两年增速更快
LCUT
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $204.1M | $242.1M |
| 净利润 | $18.2M | $12.1M |
| 毛利率 | 38.6% | — |
| 营业利润率 | 9.8% | 6.8% |
| 净利率 | 8.9% | 5.0% |
| 营收同比 | -5.2% | 11.5% |
| 净利润同比 | 103.5% | -16.2% |
| 每股收益（稀释后） | $0.83 | $0.12 |
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LCUTOSW
| Q4 25 | $204.1M | $242.1M | ||
| Q3 25 | $171.9M | $258.5M | ||
| Q2 25 | $131.9M | $240.7M | ||
| Q1 25 | $140.1M | $219.6M | ||
| Q4 24 | $215.2M | $217.2M | ||
| Q3 24 | $183.8M | $241.7M | ||
| Q2 24 | $141.7M | $224.9M | ||
| Q1 24 | $142.2M | $211.2M |
净利润LCUTOSW
| Q4 25 | $18.2M | $12.1M | ||
| Q3 25 | $-1.2M | $24.3M | ||
| Q2 25 | $-39.7M | $19.9M | ||
| Q1 25 | $-4.2M | $15.3M | ||
| Q4 24 | $8.9M | $14.4M | ||
| Q3 24 | $344.0K | $21.6M | ||
| Q2 24 | $-18.2M | $15.8M | ||
| Q1 24 | $-6.3M | $21.2M |
毛利率LCUTOSW
| Q4 25 | 38.6% | — | ||
| Q3 25 | 35.1% | — | ||
| Q2 25 | 38.6% | — | ||
| Q1 25 | 36.1% | — | ||
| Q4 24 | 37.7% | — | ||
| Q3 24 | 36.7% | — | ||
| Q2 24 | 38.5% | — | ||
| Q1 24 | 40.5% | — |
营业利润率LCUTOSW
| Q4 25 | 9.8% | 6.8% | ||
| Q3 25 | 3.9% | 10.2% | ||
| Q2 25 | -28.2% | 9.2% | ||
| Q1 25 | 0.8% | 7.7% | ||
| Q4 24 | 7.2% | 7.9% | ||
| Q3 24 | 4.7% | 10.3% | ||
| Q2 24 | 0.8% | 8.4% | ||
| Q1 24 | 1.3% | 8.0% |
净利率LCUTOSW
| Q4 25 | 8.9% | 5.0% | ||
| Q3 25 | -0.7% | 9.4% | ||
| Q2 25 | -30.1% | 8.3% | ||
| Q1 25 | -3.0% | 7.0% | ||
| Q4 24 | 4.1% | 6.6% | ||
| Q3 24 | 0.2% | 8.9% | ||
| Q2 24 | -12.8% | 7.0% | ||
| Q1 24 | -4.4% | 10.0% |
每股收益（稀释后）LCUTOSW
| Q4 25 | $0.83 | $0.12 | ||
| Q3 25 | $-0.05 | $0.23 | ||
| Q2 25 | $-1.83 | $0.19 | ||
| Q1 25 | $-0.19 | $0.15 | ||
| Q4 24 | $0.41 | $0.13 | ||
| Q3 24 | $0.02 | $0.20 | ||
| Q2 24 | $-0.85 | $0.15 | ||
| Q1 24 | $-0.29 | $0.21 |
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 | $16.3M |
| 总债务越低越好 | $135.0M | $84.0M |
| 股东权益账面价值 | $202.3M | $542.6M |
| 总资产 | $572.6M | $707.1M |
| 负债/权益比越低杠杆越低 | 0.67× | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资LCUTOSW
| Q4 25 | $4.3M | $16.3M | ||
| Q3 25 | $12.1M | $29.6M | ||
| Q2 25 | $12.0M | $35.0M | ||
| Q1 25 | $10.4M | $22.6M | ||
| Q4 24 | $2.9M | $57.4M | ||
| Q3 24 | $6.0M | $48.8M | ||
| Q2 24 | $3.4M | $62.5M | ||
| Q1 24 | $4.6M | $65.4M |
总债务LCUTOSW
| Q4 25 | $135.0M | $84.0M | ||
| Q3 25 | — | $85.2M | ||
| Q2 25 | — | $96.2M | ||
| Q1 25 | — | $97.4M | ||
| Q4 24 | $142.5M | $98.6M | ||
| Q3 24 | — | $98.7M | ||
| Q2 24 | — | $123.8M | ||
| Q1 24 | — | $138.6M |
股东权益LCUTOSW
| Q4 25 | $202.3M | $542.6M | ||
| Q3 25 | $184.6M | $552.8M | ||
| Q2 25 | $185.8M | $548.3M | ||
| Q1 25 | $225.7M | $530.6M | ||
| Q4 24 | $229.9M | $554.5M | ||
| Q3 24 | $220.9M | $540.1M | ||
| Q2 24 | $219.8M | $532.7M | ||
| Q1 24 | $223.7M | $515.5M |
总资产LCUTOSW
| Q4 25 | $572.6M | $707.1M | ||
| Q3 25 | $581.1M | $732.6M | ||
| Q2 25 | $551.9M | $731.8M | ||
| Q1 25 | $594.6M | $708.7M | ||
| Q4 24 | $634.3M | $746.4M | ||
| Q3 24 | $668.7M | $734.0M | ||
| Q2 24 | $617.0M | $756.8M | ||
| Q1 24 | $602.7M | $763.6M |
负债/权益比LCUTOSW
| Q4 25 | 0.67× | 0.15× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | 0.62× | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.23× | ||
| Q1 24 | — | 0.27× |
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 | $20.0M |
| 自由现金流经营现金流 - 资本支出 | $2.6M | $14.9M |
| 自由现金流率自由现金流/营收 | 1.3% | 6.2% |
| 资本支出强度资本支出/营收 | 0.6% | 2.1% |
| 现金转化率经营现金流/净利润 | 0.21× | 1.65× |
| 过去12个月自由现金流最近4个季度 | $3.3M | $68.4M |
8季度趋势，按日历期对齐
经营现金流LCUTOSW
| Q4 25 | $3.7M | $20.0M | ||
| Q3 25 | $-22.2M | $33.2M | ||
| Q2 25 | $9.3M | $20.3M | ||
| Q1 25 | $16.7M | $10.1M | ||
| Q4 24 | $20.3M | $16.6M | ||
| Q3 24 | $-22.7M | $28.6M | ||
| Q2 24 | $10.4M | $18.7M | ||
| Q1 24 | $10.5M | $15.0M |
自由现金流LCUTOSW
| Q4 25 | $2.6M | $14.9M | ||
| Q3 25 | $-22.7M | $27.6M | ||
| Q2 25 | $8.2M | $17.6M | ||
| Q1 25 | $15.1M | $8.4M | ||
| Q4 24 | $19.7M | $13.2M | ||
| Q3 24 | $-23.2M | $27.5M | ||
| Q2 24 | $9.9M | $17.6M | ||
| Q1 24 | $9.9M | $13.7M |
自由现金流率LCUTOSW
| Q4 25 | 1.3% | 6.2% | ||
| Q3 25 | -13.2% | 10.7% | ||
| Q2 25 | 6.2% | 7.3% | ||
| Q1 25 | 10.8% | 3.8% | ||
| Q4 24 | 9.1% | 6.1% | ||
| Q3 24 | -12.6% | 11.4% | ||
| Q2 24 | 7.0% | 7.8% | ||
| Q1 24 | 7.0% | 6.5% |
资本支出强度LCUTOSW
| Q4 25 | 0.6% | 2.1% | ||
| Q3 25 | 0.3% | 2.2% | ||
| Q2 25 | 0.9% | 1.1% | ||
| Q1 25 | 1.1% | 0.8% | ||
| Q4 24 | 0.3% | 1.5% | ||
| Q3 24 | 0.3% | 0.5% | ||
| Q2 24 | 0.4% | 0.5% | ||
| Q1 24 | 0.4% | 0.6% |
现金转化率LCUTOSW
| Q4 25 | 0.21× | 1.65× | ||
| Q3 25 | — | 1.36× | ||
| Q2 25 | — | 1.02× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | 2.28× | 1.15× | ||
| Q3 24 | -65.89× | 1.33× | ||
| Q2 24 | — | 1.19× | ||
| Q1 24 | — | 0.71× |
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% |
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
