vs
味好美（MKC）与罗布乐思（RBLX）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罗布乐思的1.3倍（$1.9B vs $1.4B），味好美净利率更高（12.2% vs -22.3%，领先34.6%），罗布乐思同比增速更快（43.2% vs 2.9%），过去两年罗布乐思的营收复合增速更高（32.9% vs 7.5%）
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。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
MKC vs RBLX — 直观对比
营收规模更大
MKC
是对方的1.3倍
$1.4B
营收增速更快
RBLX
高出40.3%
2.9%
净利率更高
MKC
高出34.6%
-22.3%
两年增速更快
RBLX
近两年复合增速
7.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.4B |
| 净利润 | $226.6M | $-316.0M |
| 毛利率 | 38.9% | 77.7% |
| 营业利润率 | 16.8% | -25.3% |
| 净利率 | 12.2% | -22.3% |
| 营收同比 | 2.9% | 43.2% |
| 净利润同比 | 5.3% | -43.9% |
| 每股收益（稀释后） | $0.84 | $-0.44 |
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MKCRBLX
| Q4 25 | $1.9B | $1.4B | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $1.8B | $988.2M | ||
| Q3 24 | $1.7B | $919.0M | ||
| Q2 24 | $1.6B | $893.5M | ||
| Q1 24 | $1.6B | $801.3M |
净利润MKCRBLX
| Q4 25 | $226.6M | $-316.0M | ||
| Q3 25 | $225.5M | $-255.6M | ||
| Q2 25 | $175.0M | $-278.4M | ||
| Q1 25 | $162.3M | $-215.1M | ||
| Q4 24 | $215.2M | $-219.6M | ||
| Q3 24 | $223.1M | $-239.3M | ||
| Q2 24 | $184.2M | $-205.9M | ||
| Q1 24 | $166.0M | $-270.6M |
毛利率MKCRBLX
| Q4 25 | 38.9% | 77.7% | ||
| Q3 25 | 37.4% | 78.2% | ||
| Q2 25 | 37.5% | 78.2% | ||
| Q1 25 | 37.6% | 78.3% | ||
| Q4 24 | 40.2% | 77.9% | ||
| Q3 24 | 38.7% | 77.7% | ||
| Q2 24 | 37.7% | 77.8% | ||
| Q1 24 | 37.4% | 77.7% |
营业利润率MKCRBLX
| Q4 25 | 16.8% | -25.3% | ||
| Q3 25 | 16.7% | -21.8% | ||
| Q2 25 | 14.8% | -29.8% | ||
| Q1 25 | 14.0% | -24.6% | ||
| Q4 24 | 17.0% | -24.7% | ||
| Q3 24 | 17.1% | -30.4% | ||
| Q2 24 | 14.2% | -26.6% | ||
| Q1 24 | 14.6% | -37.7% |
净利率MKCRBLX
| Q4 25 | 12.2% | -22.3% | ||
| Q3 25 | 13.1% | -18.8% | ||
| Q2 25 | 10.5% | -25.8% | ||
| Q1 25 | 10.1% | -20.8% | ||
| Q4 24 | 12.0% | -22.2% | ||
| Q3 24 | 13.3% | -26.0% | ||
| Q2 24 | 11.2% | -23.0% | ||
| Q1 24 | 10.4% | -33.8% |
每股收益（稀释后）MKCRBLX
| Q4 25 | $0.84 | $-0.44 | ||
| Q3 25 | $0.84 | $-0.37 | ||
| Q2 25 | $0.65 | $-0.41 | ||
| Q1 25 | $0.60 | $-0.32 | ||
| Q4 24 | $0.79 | $-0.32 | ||
| Q3 24 | $0.83 | $-0.37 | ||
| Q2 24 | $0.68 | $-0.32 | ||
| Q1 24 | $0.62 | $-0.43 |
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 | $3.1B |
| 总债务越低越好 | $3.6B | $1.2B |
| 股东权益账面价值 | $5.7B | $394.5M |
| 总资产 | $13.2B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.63× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资MKCRBLX
| Q4 25 | $95.9M | $3.1B | ||
| Q3 25 | $94.9M | $2.9B | ||
| Q2 25 | $124.1M | $2.6B | ||
| Q1 25 | $102.8M | $2.7B | ||
| Q4 24 | $186.1M | $2.4B | ||
| Q3 24 | $200.8M | $2.3B | ||
| Q2 24 | $166.3M | $2.4B | ||
| Q1 24 | $178.0M | $2.4B |
总债务MKCRBLX
| Q4 25 | $3.6B | $1.2B | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $3.9B | $1.2B | ||
| Q3 24 | $3.4B | — | ||
| Q2 24 | $4.1B | — | ||
| Q1 24 | $4.1B | — |
股东权益MKCRBLX
| Q4 25 | $5.7B | $394.5M | ||
| Q3 25 | $5.8B | $407.6M | ||
| Q2 25 | $5.6B | $353.2M | ||
| Q1 25 | $5.4B | $310.7M | ||
| Q4 24 | $5.3B | $221.4M | ||
| Q3 24 | $5.4B | $189.9M | ||
| Q2 24 | $5.3B | $121.5M | ||
| Q1 24 | $5.2B | $71.6M |
总资产MKCRBLX
| Q4 25 | $13.2B | $9.6B | ||
| Q3 25 | $13.2B | $8.6B | ||
| Q2 25 | $13.2B | $7.8B | ||
| Q1 25 | $12.9B | $7.5B | ||
| Q4 24 | $13.1B | $7.2B | ||
| Q3 24 | $13.2B | $6.7B | ||
| Q2 24 | $13.0B | $6.5B | ||
| Q1 24 | $12.9B | $6.3B |
负债/权益比MKCRBLX
| Q4 25 | 0.63× | 2.98× | ||
| Q3 25 | 0.67× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 0.73× | 5.48× | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | 0.77× | — | ||
| Q1 24 | 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 | $542.0M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | — | $308.6M |
| 自由现金流率自由现金流/营收 | — | 21.8% |
| 资本支出强度资本支出/营收 | — | 21.1% |
| 现金转化率经营现金流/净利润 | 2.39× | — |
| 过去12个月自由现金流最近4个季度 | — | $1.4B |
8季度趋势，按日历期对齐
经营现金流MKCRBLX
| Q4 25 | $542.0M | $607.0M | ||
| Q3 25 | $258.8M | $546.2M | ||
| Q2 25 | $45.9M | $199.3M | ||
| Q1 25 | $115.5M | $443.9M | ||
| Q4 24 | $458.7M | $184.5M | ||
| Q3 24 | $161.7M | $247.4M | ||
| Q2 24 | $163.1M | $151.4M | ||
| Q1 24 | $138.4M | $238.9M |
自由现金流MKCRBLX
| Q4 25 | — | $308.6M | ||
| Q3 25 | $206.1M | $443.6M | ||
| Q2 25 | $-2.4M | $176.7M | ||
| Q1 25 | $78.4M | $426.5M | ||
| Q4 24 | — | $120.6M | ||
| Q3 24 | $102.7M | $218.0M | ||
| Q2 24 | $94.8M | $111.7M | ||
| Q1 24 | $76.4M | $192.3M |
自由现金流率MKCRBLX
| Q4 25 | — | 21.8% | ||
| Q3 25 | 11.9% | 32.6% | ||
| Q2 25 | -0.1% | 16.3% | ||
| Q1 25 | 4.9% | 41.2% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | 6.1% | 23.7% | ||
| Q2 24 | 5.8% | 12.5% | ||
| Q1 24 | 4.8% | 24.0% |
资本支出强度MKCRBLX
| Q4 25 | — | 21.1% | ||
| Q3 25 | 3.1% | 7.5% | ||
| Q2 25 | 2.9% | 2.1% | ||
| Q1 25 | 2.3% | 1.7% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | 3.5% | 3.2% | ||
| Q2 24 | 4.2% | 4.4% | ||
| Q1 24 | 3.9% | 5.8% |
现金转化率MKCRBLX
| Q4 25 | 2.39× | — | ||
| Q3 25 | 1.15× | — | ||
| Q2 25 | 0.26× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 2.13× | — | ||
| Q3 24 | 0.72× | — | ||
| Q2 24 | 0.89× | — | ||
| Q1 24 | 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
MKC
| Consumer | $1.1B | 61% |
| Flavor Solutions | $723.1M | 39% |
RBLX
暂无分部数据
