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味好美（MKC）与利氏兄弟拍卖行（RBA）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利氏兄弟拍卖行的1.5倍（$1.9B vs $1.2B），味好美净利率更高（12.2% vs 9.1%，领先3.1%），利氏兄弟拍卖行同比增速更快（5.4% vs 2.9%），过去两年味好美的营收复合增速更高（7.5% vs 6.3%）
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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
MKC vs RBA — 直观对比
营收规模更大
MKC
是对方的1.5倍
$1.2B
营收增速更快
RBA
高出2.5%
2.9%
净利率更高
MKC
高出3.1%
9.1%
两年增速更快
MKC
近两年复合增速
6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.2B |
| 净利润 | $226.6M | $109.7M |
| 毛利率 | 38.9% | — |
| 营业利润率 | 16.8% | 14.7% |
| 净利率 | 12.2% | 9.1% |
| 营收同比 | 2.9% | 5.4% |
| 净利润同比 | 5.3% | -7.4% |
| 每股收益（稀释后） | $0.84 | $0.53 |
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MKCRBA
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $1.7B | $1.1B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.6B | $1.1B | ||
| Q4 24 | $1.8B | $1.1B | ||
| Q3 24 | $1.7B | $981.8M | ||
| Q2 24 | $1.6B | $1.1B | ||
| Q1 24 | $1.6B | $1.1B |
净利润MKCRBA
| Q4 25 | $226.6M | $109.7M | ||
| Q3 25 | $225.5M | $95.5M | ||
| Q2 25 | $175.0M | $109.8M | ||
| Q1 25 | $162.3M | $113.4M | ||
| Q4 24 | $215.2M | $118.5M | ||
| Q3 24 | $223.1M | $76.1M | ||
| Q2 24 | $184.2M | $111.1M | ||
| Q1 24 | $166.0M | $107.4M |
毛利率MKCRBA
| Q4 25 | 38.9% | — | ||
| Q3 25 | 37.4% | — | ||
| Q2 25 | 37.5% | — | ||
| Q1 25 | 37.6% | — | ||
| Q4 24 | 40.2% | — | ||
| Q3 24 | 38.7% | — | ||
| Q2 24 | 37.7% | — | ||
| Q1 24 | 37.4% | — |
营业利润率MKCRBA
| Q4 25 | 16.8% | 14.7% | ||
| Q3 25 | 16.7% | 14.5% | ||
| Q2 25 | 14.8% | 15.9% | ||
| Q1 25 | 14.0% | 17.1% | ||
| Q4 24 | 17.0% | 18.1% | ||
| Q3 24 | 17.1% | 15.6% | ||
| Q2 24 | 14.2% | 18.4% | ||
| Q1 24 | 14.6% | 18.7% |
净利率MKCRBA
| Q4 25 | 12.2% | 9.1% | ||
| Q3 25 | 13.1% | 8.7% | ||
| Q2 25 | 10.5% | 9.3% | ||
| Q1 25 | 10.1% | 10.2% | ||
| Q4 24 | 12.0% | 10.4% | ||
| Q3 24 | 13.3% | 7.8% | ||
| Q2 24 | 11.2% | 10.1% | ||
| Q1 24 | 10.4% | 10.1% |
每股收益（稀释后）MKCRBA
| Q4 25 | $0.84 | $0.53 | ||
| Q3 25 | $0.84 | $0.43 | ||
| Q2 25 | $0.65 | $0.53 | ||
| Q1 25 | $0.60 | $0.55 | ||
| Q4 24 | $0.79 | $0.58 | ||
| Q3 24 | $0.83 | $0.36 | ||
| Q2 24 | $0.68 | $0.54 | ||
| Q1 24 | $0.62 | $0.53 |
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 | $95.9M | $531.5M |
| 总债务越低越好 | $3.6B | $2.3B |
| 股东权益账面价值 | $5.7B | $5.6B |
| 总资产 | $13.2B | $12.1B |
| 负债/权益比越低杠杆越低 | 0.63× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资MKCRBA
| Q4 25 | $95.9M | $531.5M | ||
| Q3 25 | $94.9M | $674.7M | ||
| Q2 25 | $124.1M | $710.2M | ||
| Q1 25 | $102.8M | $578.1M | ||
| Q4 24 | $186.1M | $533.9M | ||
| Q3 24 | $200.8M | $650.7M | ||
| Q2 24 | $166.3M | $599.5M | ||
| Q1 24 | $178.0M | $462.8M |
总债务MKCRBA
| Q4 25 | $3.6B | $2.3B | ||
| Q3 25 | $3.9B | $2.6B | ||
| Q2 25 | $3.9B | $2.6B | ||
| Q1 25 | $3.9B | $2.6B | ||
| Q4 24 | $3.9B | $2.6B | ||
| Q3 24 | $3.4B | $2.7B | ||
| Q2 24 | $4.1B | $2.8B | ||
| Q1 24 | $4.1B | $2.9B |
股东权益MKCRBA
| Q4 25 | $5.7B | $5.6B | ||
| Q3 25 | $5.8B | $5.5B | ||
| Q2 25 | $5.6B | $5.5B | ||
| Q1 25 | $5.4B | $5.3B | ||
| Q4 24 | $5.3B | $5.2B | ||
| Q3 24 | $5.4B | $5.2B | ||
| Q2 24 | $5.3B | $5.2B | ||
| Q1 24 | $5.2B | $5.1B |
总资产MKCRBA
| Q4 25 | $13.2B | $12.1B | ||
| Q3 25 | $13.2B | $12.2B | ||
| Q2 25 | $13.2B | $12.2B | ||
| Q1 25 | $12.9B | $11.9B | ||
| Q4 24 | $13.1B | $11.8B | ||
| Q3 24 | $13.2B | $11.9B | ||
| Q2 24 | $13.0B | $12.1B | ||
| Q1 24 | $12.9B | $12.0B |
负债/权益比MKCRBA
| Q4 25 | 0.63× | 0.42× | ||
| Q3 25 | 0.67× | 0.47× | ||
| Q2 25 | 0.69× | 0.47× | ||
| Q1 25 | 0.71× | 0.50× | ||
| Q4 24 | 0.73× | 0.50× | ||
| Q3 24 | 0.63× | 0.52× | ||
| Q2 24 | 0.77× | 0.55× | ||
| Q1 24 | 0.79× | 0.58× |
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 | $542.0M | $255.2M |
| 自由现金流经营现金流 - 资本支出 | — | $186.5M |
| 自由现金流率自由现金流/营收 | — | 15.5% |
| 资本支出强度资本支出/营收 | — | 5.7% |
| 现金转化率经营现金流/净利润 | 2.39× | 2.33× |
| 过去12个月自由现金流最近4个季度 | — | $719.2M |
8季度趋势，按日历期对齐
经营现金流MKCRBA
| Q4 25 | $542.0M | $255.2M | ||
| Q3 25 | $258.8M | $239.7M | ||
| Q2 25 | $45.9M | $326.5M | ||
| Q1 25 | $115.5M | $156.8M | ||
| Q4 24 | $458.7M | $184.5M | ||
| Q3 24 | $161.7M | $285.4M | ||
| Q2 24 | $163.1M | $337.3M | ||
| Q1 24 | $138.4M | $124.8M |
自由现金流MKCRBA
| Q4 25 | — | $186.5M | ||
| Q3 25 | $206.1M | $188.5M | ||
| Q2 25 | $-2.4M | $241.7M | ||
| Q1 25 | $78.4M | $102.5M | ||
| Q4 24 | — | $127.9M | ||
| Q3 24 | $102.7M | $248.5M | ||
| Q2 24 | $94.8M | $308.6M | ||
| Q1 24 | $76.4M | $79.6M |
自由现金流率MKCRBA
| Q4 25 | — | 15.5% | ||
| Q3 25 | 11.9% | 17.3% | ||
| Q2 25 | -0.1% | 20.4% | ||
| Q1 25 | 4.9% | 9.2% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | 6.1% | 25.3% | ||
| Q2 24 | 5.8% | 28.2% | ||
| Q1 24 | 4.8% | 7.5% |
资本支出强度MKCRBA
| Q4 25 | — | 5.7% | ||
| Q3 25 | 3.1% | 4.7% | ||
| Q2 25 | 2.9% | 7.2% | ||
| Q1 25 | 2.3% | 4.9% | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | 3.5% | 3.8% | ||
| Q2 24 | 4.2% | 2.6% | ||
| Q1 24 | 3.9% | 4.2% |
现金转化率MKCRBA
| Q4 25 | 2.39× | 2.33× | ||
| Q3 25 | 1.15× | 2.51× | ||
| Q2 25 | 0.26× | 2.97× | ||
| Q1 25 | 0.71× | 1.38× | ||
| Q4 24 | 2.13× | 1.56× | ||
| Q3 24 | 0.72× | 3.75× | ||
| Q2 24 | 0.89× | 3.04× | ||
| Q1 24 | 0.83× | 1.16× |
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
MKC
| Consumer | $1.1B | 61% |
| Flavor Solutions | $723.1M | 39% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
