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Lifeway Foods, Inc.（LWAY）与味好美（MKC）财务数据对比。点击上方公司名可切换其他公司
味好美的季度营收约是Lifeway Foods, Inc.的33.4倍（$1.9B vs $55.4M）。味好美净利率更高（12.2% vs 4.6%，领先7.7%）。Lifeway Foods, Inc.同比增速更快（18.0% vs 2.9%）。过去两年Lifeway Foods, Inc.的营收复合增速更高（11.4% vs 7.5%）
来福威食品公司是一家总部位于美国伊利诺伊州的健康食品企业，成立于1986年，是美国业内领先的开菲尔发酵益生菌产品供应商，这类产品主要用于调节人体微生物群平衡。
味好美是美国知名食品企业，专业生产、营销并配送香辛料、复合调味料、调味酱及各类风味产品，客户覆盖零售终端、食品生产商及餐饮服务企业，是全球领先的风味产品供应商。
LWAY vs MKC — 直观对比
营收规模更大
MKC
是对方的33.4倍
$55.4M
营收增速更快
LWAY
高出15.0%
2.9%
净利率更高
MKC
高出7.7%
4.6%
两年增速更快
LWAY
近两年复合增速
7.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $55.4M | $1.9B |
| 净利润 | $2.5M | $226.6M |
| 毛利率 | 27.8% | 38.9% |
| 营业利润率 | 6.8% | 16.8% |
| 净利率 | 4.6% | 12.2% |
| 营收同比 | 18.0% | 2.9% |
| 净利润同比 | 1688.1% | 5.3% |
| 每股收益（稀释后） | $0.15 | $0.84 |
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LWAYMKC
| Q4 25 | $55.4M | $1.9B | ||
| Q3 25 | $57.1M | $1.7B | ||
| Q2 25 | $53.9M | $1.7B | ||
| Q1 25 | $46.1M | $1.6B | ||
| Q4 24 | $46.9M | $1.8B | ||
| Q3 24 | $46.1M | $1.7B | ||
| Q2 24 | $49.2M | $1.6B | ||
| Q1 24 | $44.6M | $1.6B |
净利润LWAYMKC
| Q4 25 | $2.5M | $226.6M | ||
| Q3 25 | $3.5M | $225.5M | ||
| Q2 25 | $4.2M | $175.0M | ||
| Q1 25 | $3.5M | $162.3M | ||
| Q4 24 | $-160.0K | $215.2M | ||
| Q3 24 | $3.0M | $223.1M | ||
| Q2 24 | $3.8M | $184.2M | ||
| Q1 24 | $2.4M | $166.0M |
毛利率LWAYMKC
| Q4 25 | 27.8% | 38.9% | ||
| Q3 25 | 28.7% | 37.4% | ||
| Q2 25 | 28.6% | 37.5% | ||
| Q1 25 | 23.9% | 37.6% | ||
| Q4 24 | 25.3% | 40.2% | ||
| Q3 24 | 25.7% | 38.7% | ||
| Q2 24 | 27.0% | 37.7% | ||
| Q1 24 | 25.8% | 37.4% |
营业利润率LWAYMKC
| Q4 25 | 6.8% | 16.8% | ||
| Q3 25 | 8.8% | 16.7% | ||
| Q2 25 | 10.8% | 14.8% | ||
| Q1 25 | 3.4% | 14.0% | ||
| Q4 24 | 1.5% | 17.0% | ||
| Q3 24 | 9.1% | 17.1% | ||
| Q2 24 | 11.0% | 14.2% | ||
| Q1 24 | 8.0% | 14.6% |
净利率LWAYMKC
| Q4 25 | 4.6% | 12.2% | ||
| Q3 25 | 6.2% | 13.1% | ||
| Q2 25 | 7.9% | 10.5% | ||
| Q1 25 | 7.7% | 10.1% | ||
| Q4 24 | -0.3% | 12.0% | ||
| Q3 24 | 6.5% | 13.3% | ||
| Q2 24 | 7.7% | 11.2% | ||
| Q1 24 | 5.4% | 10.4% |
每股收益（稀释后）LWAYMKC
| Q4 25 | $0.15 | $0.84 | ||
| Q3 25 | $0.23 | $0.84 | ||
| Q2 25 | $0.28 | $0.65 | ||
| Q1 25 | $0.23 | $0.60 | ||
| Q4 24 | $0.00 | $0.79 | ||
| Q3 24 | $0.19 | $0.83 | ||
| Q2 24 | $0.25 | $0.68 | ||
| Q1 24 | $0.16 | $0.62 |
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 | $5.6M | $95.9M |
| 总债务越低越好 | — | $3.6B |
| 股东权益账面价值 | $85.8M | $5.7B |
| 总资产 | $105.6M | $13.2B |
| 负债/权益比越低杠杆越低 | — | 0.63× |
8季度趋势，按日历期对齐
现金及短期投资LWAYMKC
| Q4 25 | $5.6M | $95.9M | ||
| Q3 25 | $23.0M | $94.9M | ||
| Q2 25 | $21.2M | $124.1M | ||
| Q1 25 | $19.4M | $102.8M | ||
| Q4 24 | $16.7M | $186.1M | ||
| Q3 24 | $20.6M | $200.8M | ||
| Q2 24 | $14.6M | $166.3M | ||
| Q1 24 | $12.0M | $178.0M |
总债务LWAYMKC
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $3.9B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | $2.5M | $4.1B |
股东权益LWAYMKC
| Q4 25 | $85.8M | $5.7B | ||
| Q3 25 | $82.8M | $5.8B | ||
| Q2 25 | $78.7M | $5.6B | ||
| Q1 25 | $74.2M | $5.4B | ||
| Q4 24 | $71.9M | $5.3B | ||
| Q3 24 | $71.5M | $5.4B | ||
| Q2 24 | $68.0M | $5.3B | ||
| Q1 24 | $63.5M | $5.2B |
总资产LWAYMKC
| Q4 25 | $105.6M | $13.2B | ||
| Q3 25 | $109.5M | $13.2B | ||
| Q2 25 | $98.3M | $13.2B | ||
| Q1 25 | $93.7M | $12.9B | ||
| Q4 24 | $90.5M | $13.1B | ||
| Q3 24 | $91.3M | $13.2B | ||
| Q2 24 | $84.9M | $13.0B | ||
| Q1 24 | $82.8M | $12.9B |
负债/权益比LWAYMKC
| Q4 25 | — | 0.63× | ||
| Q3 25 | — | 0.67× | ||
| Q2 25 | — | 0.69× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.63× | ||
| Q2 24 | — | 0.77× | ||
| Q1 24 | 0.04× | 0.79× |
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 | $267.0K | $542.0M |
| 自由现金流经营现金流 - 资本支出 | $-17.4M | — |
| 自由现金流率自由现金流/营收 | -31.5% | — |
| 资本支出强度资本支出/营收 | 31.9% | — |
| 现金转化率经营现金流/净利润 | 0.11× | 2.39× |
| 过去12个月自由现金流最近4个季度 | $-16.4M | — |
8季度趋势，按日历期对齐
经营现金流LWAYMKC
| Q4 25 | $267.0K | $542.0M | ||
| Q3 25 | $6.9M | $258.8M | ||
| Q2 25 | $3.9M | $45.9M | ||
| Q1 25 | $-150.0K | $115.5M | ||
| Q4 24 | $-2.6M | $458.7M | ||
| Q3 24 | $7.5M | $161.7M | ||
| Q2 24 | $6.5M | $163.1M | ||
| Q1 24 | $1.5M | $138.4M |
自由现金流LWAYMKC
| Q4 25 | $-17.4M | — | ||
| Q3 25 | $1.8M | $206.1M | ||
| Q2 25 | $1.6M | $-2.4M | ||
| Q1 25 | $-2.4M | $78.4M | ||
| Q4 24 | $-3.8M | — | ||
| Q3 24 | $5.9M | $102.7M | ||
| Q2 24 | $5.1M | $94.8M | ||
| Q1 24 | $-923.0K | $76.4M |
自由现金流率LWAYMKC
| Q4 25 | -31.5% | — | ||
| Q3 25 | 3.1% | 11.9% | ||
| Q2 25 | 3.0% | -0.1% | ||
| Q1 25 | -5.1% | 4.9% | ||
| Q4 24 | -8.2% | — | ||
| Q3 24 | 12.8% | 6.1% | ||
| Q2 24 | 10.4% | 5.8% | ||
| Q1 24 | -2.1% | 4.8% |
资本支出强度LWAYMKC
| Q4 25 | 31.9% | — | ||
| Q3 25 | 9.0% | 3.1% | ||
| Q2 25 | 4.3% | 2.9% | ||
| Q1 25 | 4.8% | 2.3% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 3.3% | 3.5% | ||
| Q2 24 | 2.9% | 4.2% | ||
| Q1 24 | 5.5% | 3.9% |
现金转化率LWAYMKC
| Q4 25 | 0.11× | 2.39× | ||
| Q3 25 | 1.96× | 1.15× | ||
| Q2 25 | 0.92× | 0.26× | ||
| Q1 25 | -0.04× | 0.71× | ||
| Q4 24 | — | 2.13× | ||
| Q3 24 | 2.50× | 0.72× | ||
| Q2 24 | 1.73× | 0.89× | ||
| Q1 24 | 0.64× | 0.83× |
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
LWAY
| Drinkable Kefirotherthan Pro Bugs | $47.8M | 86% |
| Cheese | $4.7M | 8% |
| Cream And Other | $1.7M | 3% |
| Other | $1.2M | 2% |
MKC
| Consumer | $1.1B | 61% |
| Flavor Solutions | $723.1M | 39% |
