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MIDDLEBY Corp（MIDD）与UNIFIRST CORP（UNF）财务数据对比。点击上方公司名可切换其他公司
MIDDLEBY Corp的季度营收约是UNIFIRST CORP的1.4倍（$866.4M vs $621.3M），UNIFIRST CORP净利率更高（5.5% vs 4.3%，领先1.3%），UNIFIRST CORP同比增速更快（2.7% vs -30.6%），MIDDLEBY Corp自由现金流更多（$165.5M vs $-24.0M），过去两年UNIFIRST CORP的营收复合增速更高（2.3% vs -3.3%）
美国Middleby公司是总部位于伊利诺伊州埃尔金的上市企业，主营商用烹饪设备、工业加工设备及民用家电，其商用烹饪设备业务覆盖美国及全球前100家餐饮连锁品牌中的97家，是全球餐饮设备领域的领先供应商。
UniFirst是总部位于美国马萨诸塞州威尔明顿的职业工装租赁服务商，业务覆盖工装及防护服装的生产、销售与租赁。公司拥有超过1.4万名员工，在美、加、欧设有260多处运营网点，涵盖客服中心、核净化设施、洁净车间、配送中心及生产工厂。
MIDD vs UNF — 直观对比
营收规模更大
MIDD
是对方的1.4倍
$621.3M
营收增速更快
UNF
高出33.3%
-30.6%
净利率更高
UNF
高出1.3%
4.3%
自由现金流更多
MIDD
多$189.5M
$-24.0M
两年增速更快
UNF
近两年复合增速
-3.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $866.4M | $621.3M |
| 净利润 | $36.9M | $34.4M |
| 毛利率 | 38.8% | 36.7% |
| 营业利润率 | 17.3% | 7.3% |
| 净利率 | 4.3% | 5.5% |
| 营收同比 | -30.6% | 2.7% |
| 净利润同比 | -67.1% | -20.3% |
| 每股收益（稀释后） | $0.74 | $1.89 |
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MIDDUNF
| Q4 25 | $866.4M | $621.3M | ||
| Q3 25 | $982.1M | $614.4M | ||
| Q2 25 | $977.9M | $610.8M | ||
| Q1 25 | $906.6M | — | ||
| Q4 24 | $1.0B | $604.9M | ||
| Q3 24 | $942.8M | $639.9M | ||
| Q2 24 | $991.5M | $603.3M | ||
| Q1 24 | $926.9M | $590.7M |
净利润MIDDUNF
| Q4 25 | $36.9M | $34.4M | ||
| Q3 25 | $-513.0M | $41.0M | ||
| Q2 25 | $106.0M | $39.7M | ||
| Q1 25 | $92.4M | — | ||
| Q4 24 | $112.3M | $43.1M | ||
| Q3 24 | $114.2M | $44.6M | ||
| Q2 24 | $115.4M | $38.1M | ||
| Q1 24 | $86.6M | $20.5M |
毛利率MIDDUNF
| Q4 25 | 38.8% | 36.7% | ||
| Q3 25 | 36.8% | 37.8% | ||
| Q2 25 | 38.0% | 36.9% | ||
| Q1 25 | 38.2% | — | ||
| Q4 24 | 38.4% | 37.0% | ||
| Q3 24 | 37.7% | 36.1% | ||
| Q2 24 | 38.3% | 35.2% | ||
| Q1 24 | 37.4% | 32.9% |
营业利润率MIDDUNF
| Q4 25 | 17.3% | 7.3% | ||
| Q3 25 | -56.4% | 8.1% | ||
| Q2 25 | 15.9% | 7.9% | ||
| Q1 25 | 15.5% | — | ||
| Q4 24 | 16.8% | 9.2% | ||
| Q3 24 | 18.4% | 8.4% | ||
| Q2 24 | 17.7% | 8.0% | ||
| Q1 24 | 14.8% | 4.7% |
净利率MIDDUNF
| Q4 25 | 4.3% | 5.5% | ||
| Q3 25 | -52.2% | 6.7% | ||
| Q2 25 | 10.8% | 6.5% | ||
| Q1 25 | 10.2% | — | ||
| Q4 24 | 11.1% | 7.1% | ||
| Q3 24 | 12.1% | 7.0% | ||
| Q2 24 | 11.6% | 6.3% | ||
| Q1 24 | 9.3% | 3.5% |
每股收益（稀释后）MIDDUNF
| Q4 25 | $0.74 | $1.89 | ||
| Q3 25 | $-10.15 | $2.23 | ||
| Q2 25 | $1.99 | $2.13 | ||
| Q1 25 | $1.69 | — | ||
| Q4 24 | $2.07 | $2.31 | ||
| Q3 24 | $2.11 | $2.39 | ||
| Q2 24 | $2.13 | $2.03 | ||
| Q1 24 | $1.59 | $1.09 |
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 | $222.2M | $129.5M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.8B | $2.2B |
| 总资产 | $6.3B | $2.8B |
| 负债/权益比越低杠杆越低 | 0.78× | — |
8季度趋势，按日历期对齐
现金及短期投资MIDDUNF
| Q4 25 | $222.2M | $129.5M | ||
| Q3 25 | $175.1M | $209.2M | ||
| Q2 25 | $511.5M | $211.9M | ||
| Q1 25 | $745.1M | — | ||
| Q4 24 | $689.5M | $181.0M | ||
| Q3 24 | $606.0M | $175.1M | ||
| Q2 24 | $459.5M | $125.4M | ||
| Q1 24 | $341.0M | $101.9M |
总债务MIDDUNF
| Q4 25 | $2.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益MIDDUNF
| Q4 25 | $2.8B | $2.2B | ||
| Q3 25 | $2.9B | $2.2B | ||
| Q2 25 | $3.6B | $2.2B | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $3.6B | $2.1B | ||
| Q3 24 | $3.6B | $2.1B | ||
| Q2 24 | $3.4B | $2.1B | ||
| Q1 24 | $3.3B | $2.0B |
总资产MIDDUNF
| Q4 25 | $6.3B | $2.8B | ||
| Q3 25 | $6.4B | $2.8B | ||
| Q2 25 | $7.3B | $2.8B | ||
| Q1 25 | $7.4B | — | ||
| Q4 24 | $7.3B | $2.7B | ||
| Q3 24 | $7.2B | $2.7B | ||
| Q2 24 | $7.0B | $2.7B | ||
| Q1 24 | $6.9B | $2.6B |
负债/权益比MIDDUNF
| Q4 25 | 0.78× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | — | $14.9M |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $-24.0M |
| 自由现金流率自由现金流/营收 | 19.1% | -3.9% |
| 资本支出强度资本支出/营收 | 1.5% | 6.3% |
| 现金转化率经营现金流/净利润 | — | 0.43× |
| 过去12个月自由现金流最近4个季度 | $530.1M | — |
8季度趋势，按日历期对齐
经营现金流MIDDUNF
| Q4 25 | — | $14.9M | ||
| Q3 25 | $176.3M | — | ||
| Q2 25 | $122.0M | $138.4M | ||
| Q1 25 | $141.1M | — | ||
| Q4 24 | $239.7M | $58.1M | ||
| Q3 24 | $156.7M | $102.3M | ||
| Q2 24 | $149.5M | $86.3M | ||
| Q1 24 | $140.9M | $61.1M |
自由现金流MIDDUNF
| Q4 25 | $165.5M | $-24.0M | ||
| Q3 25 | $156.1M | — | ||
| Q2 25 | $101.1M | $62.1M | ||
| Q1 25 | $107.4M | — | ||
| Q4 24 | $226.6M | $24.6M | ||
| Q3 24 | $145.2M | $63.8M | ||
| Q2 24 | $138.6M | $37.3M | ||
| Q1 24 | $127.2M | $27.2M |
自由现金流率MIDDUNF
| Q4 25 | 19.1% | -3.9% | ||
| Q3 25 | 15.9% | — | ||
| Q2 25 | 10.3% | 10.2% | ||
| Q1 25 | 11.8% | — | ||
| Q4 24 | 22.3% | 4.1% | ||
| Q3 24 | 15.4% | 10.0% | ||
| Q2 24 | 14.0% | 6.2% | ||
| Q1 24 | 13.7% | 4.6% |
资本支出强度MIDDUNF
| Q4 25 | 1.5% | 6.3% | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 2.1% | 12.5% | ||
| Q1 25 | 3.7% | — | ||
| Q4 24 | 1.3% | 5.5% | ||
| Q3 24 | 1.2% | 6.0% | ||
| Q2 24 | 1.1% | 8.1% | ||
| Q1 24 | 1.5% | 5.7% |
现金转化率MIDDUNF
| Q4 25 | — | 0.43× | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.15× | 3.49× | ||
| Q1 25 | 1.53× | — | ||
| Q4 24 | 2.13× | 1.35× | ||
| Q3 24 | 1.37× | 2.29× | ||
| Q2 24 | 1.30× | 2.27× | ||
| Q1 24 | 1.63× | 2.98× |
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
MIDD
暂无分部数据
UNF
| Uniforms And Facility Service Solutions | $568.8M | 92% |
| First Aid And Safety Solutions | $30.8M | 5% |
| Other | $22.9M | 4% |
| Served As An Senior Officer | $400.0K | 0% |
