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Lifeway Foods, Inc.（LWAY）与US Foods Holding Corp.（USFD）财务数据对比。点击上方公司名可切换其他公司
US Foods Holding Corp.的季度营收约是Lifeway Foods, Inc.的177.0倍（$9.8B vs $55.4M）。Lifeway Foods, Inc.净利率更高（4.6% vs 1.9%，领先2.7%）。Lifeway Foods, Inc.同比增速更快（18.0% vs 3.3%）。US Foods Holding Corp.自由现金流更多（$159.0M vs $-17.4M）。过去两年Lifeway Foods, Inc.的营收复合增速更高（11.4% vs 4.6%）
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。
US Foods Holding Corp.是美国第二大食品服务分销商，规模仅次于Sysco。公司服务覆盖独立餐厅、连锁餐饮、医疗保健、酒店、教育机构等共计25万个场点，为各类客户提供食品配送及相关供应链服务，业务覆盖场景十分多元。
LWAY vs USFD — 直观对比
营收规模更大
USFD
是对方的177.0倍
$55.4M
营收增速更快
LWAY
高出14.7%
3.3%
净利率更高
LWAY
高出2.7%
1.9%
自由现金流更多
USFD
多$176.4M
$-17.4M
两年增速更快
LWAY
近两年复合增速
4.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $55.4M | $9.8B |
| 净利润 | $2.5M | $184.0M |
| 毛利率 | 27.8% | 17.6% |
| 营业利润率 | 6.8% | 3.3% |
| 净利率 | 4.6% | 1.9% |
| 营收同比 | 18.0% | 3.3% |
| 净利润同比 | 1688.1% | 178.8% |
| 每股收益（稀释后） | $0.15 | $0.82 |
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LWAYUSFD
| Q4 25 | $55.4M | $9.8B | ||
| Q3 25 | $57.1M | $10.2B | ||
| Q2 25 | $53.9M | $10.1B | ||
| Q1 25 | $46.1M | $9.4B | ||
| Q4 24 | $46.9M | $9.5B | ||
| Q3 24 | $46.1M | $9.7B | ||
| Q2 24 | $49.2M | $9.7B | ||
| Q1 24 | $44.6M | $8.9B |
净利润LWAYUSFD
| Q4 25 | $2.5M | $184.0M | ||
| Q3 25 | $3.5M | $153.0M | ||
| Q2 25 | $4.2M | $224.0M | ||
| Q1 25 | $3.5M | $115.0M | ||
| Q4 24 | $-160.0K | $66.0M | ||
| Q3 24 | $3.0M | $148.0M | ||
| Q2 24 | $3.8M | $198.0M | ||
| Q1 24 | $2.4M | $82.0M |
毛利率LWAYUSFD
| Q4 25 | 27.8% | 17.6% | ||
| Q3 25 | 28.7% | 17.2% | ||
| Q2 25 | 28.6% | 17.6% | ||
| Q1 25 | 23.9% | 17.3% | ||
| Q4 24 | 25.3% | 17.6% | ||
| Q3 24 | 25.7% | 17.1% | ||
| Q2 24 | 27.0% | 17.6% | ||
| Q1 24 | 25.8% | 16.7% |
营业利润率LWAYUSFD
| Q4 25 | 6.8% | 3.3% | ||
| Q3 25 | 8.8% | 2.8% | ||
| Q2 25 | 10.8% | 3.7% | ||
| Q1 25 | 3.4% | 2.4% | ||
| Q4 24 | 1.5% | 3.2% | ||
| Q3 24 | 9.1% | 2.9% | ||
| Q2 24 | 11.0% | 3.6% | ||
| Q1 24 | 8.0% | 1.8% |
净利率LWAYUSFD
| Q4 25 | 4.6% | 1.9% | ||
| Q3 25 | 6.2% | 1.5% | ||
| Q2 25 | 7.9% | 2.2% | ||
| Q1 25 | 7.7% | 1.2% | ||
| Q4 24 | -0.3% | 0.7% | ||
| Q3 24 | 6.5% | 1.5% | ||
| Q2 24 | 7.7% | 2.0% | ||
| Q1 24 | 5.4% | 0.9% |
每股收益（稀释后）LWAYUSFD
| Q4 25 | $0.15 | $0.82 | ||
| Q3 25 | $0.23 | $0.67 | ||
| Q2 25 | $0.28 | $0.96 | ||
| Q1 25 | $0.23 | $0.49 | ||
| Q4 24 | $0.00 | $0.28 | ||
| Q3 24 | $0.19 | $0.61 | ||
| Q2 24 | $0.25 | $0.80 | ||
| Q1 24 | $0.16 | $0.33 |
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 | $41.0M |
| 总债务越低越好 | — | $5.1B |
| 股东权益账面价值 | $85.8M | $4.3B |
| 总资产 | $105.6M | $13.9B |
| 负债/权益比越低杠杆越低 | — | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资LWAYUSFD
| Q4 25 | $5.6M | $41.0M | ||
| Q3 25 | $23.0M | $56.0M | ||
| Q2 25 | $21.2M | $61.0M | ||
| Q1 25 | $19.4M | $101.0M | ||
| Q4 24 | $16.7M | $59.0M | ||
| Q3 24 | $20.6M | $81.0M | ||
| Q2 24 | $14.6M | $405.0M | ||
| Q1 24 | $12.0M | $267.0M |
总债务LWAYUSFD
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $4.7B | ||
| Q2 24 | — | $4.6B | ||
| Q1 24 | $2.5M | $4.6B |
股东权益LWAYUSFD
| Q4 25 | $85.8M | $4.3B | ||
| Q3 25 | $82.8M | $4.5B | ||
| Q2 25 | $78.7M | $4.6B | ||
| Q1 25 | $74.2M | $4.6B | ||
| Q4 24 | $71.9M | $4.5B | ||
| Q3 24 | $71.5M | $4.6B | ||
| Q2 24 | $68.0M | $5.0B | ||
| Q1 24 | $63.5M | $4.8B |
总资产LWAYUSFD
| Q4 25 | $105.6M | $13.9B | ||
| Q3 25 | $109.5M | $14.0B | ||
| Q2 25 | $98.3M | $13.8B | ||
| Q1 25 | $93.7M | $13.7B | ||
| Q4 24 | $90.5M | $13.4B | ||
| Q3 24 | $91.3M | $13.5B | ||
| Q2 24 | $84.9M | $13.7B | ||
| Q1 24 | $82.8M | $13.4B |
负债/权益比LWAYUSFD
| Q4 25 | — | 1.18× | ||
| Q3 25 | — | 1.08× | ||
| Q2 25 | — | 1.02× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | — | 1.06× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 0.92× | ||
| Q1 24 | 0.04× | 0.95× |
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 | $293.0M |
| 自由现金流经营现金流 - 资本支出 | $-17.4M | $159.0M |
| 自由现金流率自由现金流/营收 | -31.5% | 1.6% |
| 资本支出强度资本支出/营收 | 31.9% | 1.4% |
| 现金转化率经营现金流/净利润 | 0.11× | 1.59× |
| 过去12个月自由现金流最近4个季度 | $-16.4M | $959.0M |
8季度趋势，按日历期对齐
经营现金流LWAYUSFD
| Q4 25 | $267.0K | $293.0M | ||
| Q3 25 | $6.9M | $351.0M | ||
| Q2 25 | $3.9M | $334.0M | ||
| Q1 25 | $-150.0K | $391.0M | ||
| Q4 24 | $-2.6M | $283.0M | ||
| Q3 24 | $7.5M | $270.0M | ||
| Q2 24 | $6.5M | $482.0M | ||
| Q1 24 | $1.5M | $139.0M |
自由现金流LWAYUSFD
| Q4 25 | $-17.4M | $159.0M | ||
| Q3 25 | $1.8M | $236.0M | ||
| Q2 25 | $1.6M | $257.0M | ||
| Q1 25 | $-2.4M | $307.0M | ||
| Q4 24 | $-3.8M | $178.0M | ||
| Q3 24 | $5.9M | $190.0M | ||
| Q2 24 | $5.1M | $413.0M | ||
| Q1 24 | $-923.0K | $52.0M |
自由现金流率LWAYUSFD
| Q4 25 | -31.5% | 1.6% | ||
| Q3 25 | 3.1% | 2.3% | ||
| Q2 25 | 3.0% | 2.5% | ||
| Q1 25 | -5.1% | 3.3% | ||
| Q4 24 | -8.2% | 1.9% | ||
| Q3 24 | 12.8% | 2.0% | ||
| Q2 24 | 10.4% | 4.3% | ||
| Q1 24 | -2.1% | 0.6% |
资本支出强度LWAYUSFD
| Q4 25 | 31.9% | 1.4% | ||
| Q3 25 | 9.0% | 1.1% | ||
| Q2 25 | 4.3% | 0.8% | ||
| Q1 25 | 4.8% | 0.9% | ||
| Q4 24 | 2.7% | 1.1% | ||
| Q3 24 | 3.3% | 0.8% | ||
| Q2 24 | 2.9% | 0.7% | ||
| Q1 24 | 5.5% | 1.0% |
现金转化率LWAYUSFD
| Q4 25 | 0.11× | 1.59× | ||
| Q3 25 | 1.96× | 2.29× | ||
| Q2 25 | 0.92× | 1.49× | ||
| Q1 25 | -0.04× | 3.40× | ||
| Q4 24 | — | 4.29× | ||
| Q3 24 | 2.50× | 1.82× | ||
| Q2 24 | 1.73× | 2.43× | ||
| Q1 24 | 0.64× | 1.70× |
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% |
USFD
| Product One | $3.5B | 36% |
| Product Two | $1.7B | 17% |
| Product Three | $1.7B | 17% |
| Product Four | $985.0M | 10% |
| Product Five | $901.0M | 9% |
| Product Six | $580.0M | 6% |
| Product Seven | $485.0M | 5% |
