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MGP INGREDIENTS INC（MGPI）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
MGP INGREDIENTS INC的季度营收约是RESOURCES CONNECTION, INC.的1.2倍（$138.3M vs $117.7M），RESOURCES CONNECTION, INC.净利率更高（-10.8% vs -97.3%，领先86.6%），RESOURCES CONNECTION, INC.同比增速更快（-19.2% vs -23.5%），MGP INGREDIENTS INC自由现金流更多（$24.3M vs $15.6M），过去两年MGP INGREDIENTS INC的营收复合增速更高（-9.9% vs -11.8%）
MGP配料公司是总部位于美国的优质蒸馏酒、特种小麦和玉米基淀粉及蛋白质配料供应商，服务食品饮料制造、餐饮及工业客户领域，为北美及部分全球市场客户提供定制化配料解决方案。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
MGPI vs RGP — 直观对比
营收规模更大
MGPI
是对方的1.2倍
$117.7M
营收增速更快
RGP
高出4.3%
-23.5%
净利率更高
RGP
高出86.6%
-97.3%
自由现金流更多
MGPI
多$8.7M
$15.6M
两年增速更快
MGPI
近两年复合增速
-11.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $138.3M | $117.7M |
| 净利润 | $-134.6M | $-12.7M |
| 毛利率 | 34.9% | 37.1% |
| 营业利润率 | -97.7% | -10.3% |
| 净利率 | -97.3% | -10.8% |
| 营收同比 | -23.5% | -19.2% |
| 净利润同比 | -220.8% | 81.6% |
| 每股收益（稀释后） | $-6.23 | $-0.38 |
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MGPIRGP
| Q4 25 | $138.3M | $117.7M | ||
| Q3 25 | $130.9M | $120.2M | ||
| Q2 25 | $145.5M | $139.3M | ||
| Q1 25 | $121.7M | $129.4M | ||
| Q4 24 | $180.8M | $145.6M | ||
| Q3 24 | $161.5M | $136.9M | ||
| Q2 24 | $190.8M | $148.2M | ||
| Q1 24 | $170.6M | $151.3M |
净利润MGPIRGP
| Q4 25 | $-134.6M | $-12.7M | ||
| Q3 25 | $15.4M | $-2.4M | ||
| Q2 25 | $14.4M | $-73.3M | ||
| Q1 25 | $-3.0M | $-44.1M | ||
| Q4 24 | $-42.0M | $-68.7M | ||
| Q3 24 | $23.9M | $-5.7M | ||
| Q2 24 | $32.1M | $10.5M | ||
| Q1 24 | $20.6M | $2.5M |
毛利率MGPIRGP
| Q4 25 | 34.9% | 37.1% | ||
| Q3 25 | 37.8% | 39.5% | ||
| Q2 25 | 40.1% | 40.2% | ||
| Q1 25 | 35.6% | 35.1% | ||
| Q4 24 | 41.2% | 38.5% | ||
| Q3 24 | 40.8% | 36.5% | ||
| Q2 24 | 43.6% | 40.2% | ||
| Q1 24 | 36.8% | 37.0% |
营业利润率MGPIRGP
| Q4 25 | -97.7% | -10.3% | ||
| Q3 25 | 16.1% | -1.7% | ||
| Q2 25 | 14.0% | -47.0% | ||
| Q1 25 | -0.6% | -38.4% | ||
| Q4 24 | -16.8% | -52.7% | ||
| Q3 24 | 20.2% | -3.5% | ||
| Q2 24 | 22.7% | 7.6% | ||
| Q1 24 | 17.0% | 2.8% |
净利率MGPIRGP
| Q4 25 | -97.3% | -10.8% | ||
| Q3 25 | 11.8% | -2.0% | ||
| Q2 25 | 9.9% | -52.6% | ||
| Q1 25 | -2.5% | -34.0% | ||
| Q4 24 | -23.2% | -47.2% | ||
| Q3 24 | 14.8% | -4.2% | ||
| Q2 24 | 16.8% | 7.1% | ||
| Q1 24 | 12.1% | 1.7% |
每股收益（稀释后）MGPIRGP
| Q4 25 | $-6.23 | $-0.38 | ||
| Q3 25 | $0.71 | $-0.07 | ||
| Q2 25 | $0.67 | $-2.21 | ||
| Q1 25 | $-0.14 | $-1.34 | ||
| Q4 24 | $-1.86 | $-2.08 | ||
| Q3 24 | $1.07 | $-0.17 | ||
| Q2 24 | $1.43 | $0.31 | ||
| Q1 24 | $0.92 | $0.08 |
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 | $18.5M | $89.8M |
| 总债务越低越好 | $245.9M | — |
| 股东权益账面价值 | $718.4M | $194.6M |
| 总资产 | $1.2B | $289.3M |
| 负债/权益比越低杠杆越低 | 0.34× | — |
8季度趋势，按日历期对齐
现金及短期投资MGPIRGP
| Q4 25 | $18.5M | $89.8M | ||
| Q3 25 | $13.4M | $77.5M | ||
| Q2 25 | $17.3M | $86.1M | ||
| Q1 25 | $20.1M | $72.5M | ||
| Q4 24 | $25.3M | $78.2M | ||
| Q3 24 | $20.8M | $89.6M | ||
| Q2 24 | $21.0M | $108.9M | ||
| Q1 24 | $19.5M | $113.8M |
总债务MGPIRGP
| Q4 25 | $245.9M | — | ||
| Q3 25 | $262.3M | — | ||
| Q2 25 | $290.7M | — | ||
| Q1 25 | $290.7M | — | ||
| Q4 24 | $317.1M | — | ||
| Q3 24 | $283.6M | — | ||
| Q2 24 | $303.0M | — | ||
| Q1 24 | $294.4M | — |
股东权益MGPIRGP
| Q4 25 | $718.4M | $194.6M | ||
| Q3 25 | $855.2M | $206.4M | ||
| Q2 25 | $841.8M | $207.1M | ||
| Q1 25 | $828.3M | $277.8M | ||
| Q4 24 | $834.2M | $325.7M | ||
| Q3 24 | $914.5M | $407.2M | ||
| Q2 24 | $894.5M | $418.8M | ||
| Q1 24 | $867.0M | $414.9M |
总资产MGPIRGP
| Q4 25 | $1.2B | $289.3M | ||
| Q3 25 | $1.4B | $287.2M | ||
| Q2 25 | $1.4B | $304.7M | ||
| Q1 25 | $1.4B | $375.6M | ||
| Q4 24 | $1.4B | $424.9M | ||
| Q3 24 | $1.4B | $512.9M | ||
| Q2 24 | $1.4B | $510.9M | ||
| Q1 24 | $1.4B | $523.2M |
负债/权益比MGPIRGP
| Q4 25 | 0.34× | — | ||
| Q3 25 | 0.31× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 0.31× | — | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 0.34× | — |
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 | $29.1M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $24.3M | $15.6M |
| 自由现金流率自由现金流/营收 | 17.5% | 13.2% |
| 资本支出强度资本支出/营收 | 3.5% | 0.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $76.0M | $24.3M |
8季度趋势，按日历期对齐
经营现金流MGPIRGP
| Q4 25 | $29.1M | $15.9M | ||
| Q3 25 | $36.1M | $-7.8M | ||
| Q2 25 | $11.7M | $16.8M | ||
| Q1 25 | $44.7M | $659.0K | ||
| Q4 24 | $28.8M | $1.8M | ||
| Q3 24 | $43.9M | $-309.0K | ||
| Q2 24 | $5.0M | $3.2M | ||
| Q1 24 | $24.6M | $20.5M |
自由现金流MGPIRGP
| Q4 25 | $24.3M | $15.6M | ||
| Q3 25 | $27.6M | $-8.0M | ||
| Q2 25 | $-557.0K | $16.5M | ||
| Q1 25 | $24.8M | $238.0K | ||
| Q4 24 | $10.4M | $61.0K | ||
| Q3 24 | $24.5M | $-575.0K | ||
| Q2 24 | $-1.4M | $3.0M | ||
| Q1 24 | $-2.4M | $20.4M |
自由现金流率MGPIRGP
| Q4 25 | 17.5% | 13.2% | ||
| Q3 25 | 21.1% | -6.6% | ||
| Q2 25 | -0.4% | 11.8% | ||
| Q1 25 | 20.4% | 0.2% | ||
| Q4 24 | 5.8% | 0.0% | ||
| Q3 24 | 15.2% | -0.4% | ||
| Q2 24 | -0.7% | 2.1% | ||
| Q1 24 | -1.4% | 13.5% |
资本支出强度MGPIRGP
| Q4 25 | 3.5% | 0.3% | ||
| Q3 25 | 6.5% | 0.1% | ||
| Q2 25 | 8.4% | 0.2% | ||
| Q1 25 | 16.4% | 0.3% | ||
| Q4 24 | 10.1% | 1.2% | ||
| Q3 24 | 12.0% | 0.2% | ||
| Q2 24 | 3.3% | 0.1% | ||
| Q1 24 | 15.8% | 0.1% |
现金转化率MGPIRGP
| Q4 25 | — | — | ||
| Q3 25 | 2.34× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.84× | — | ||
| Q2 24 | 0.15× | 0.30× | ||
| Q1 24 | 1.19× | 8.04× |
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
MGPI
| Branded Spirits | $63.4M | 46% |
| Ingredient Solutions | $31.3M | 23% |
| Specialty Wheat Starches | $16.8M | 12% |
| Mid Spirits | $16.1M | 12% |
| Other Branded Spirits | $8.0M | 6% |
| Commodity Wheat Starch | $2.3M | 2% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
