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怪兽饮料（MNST）与J.M. Smucker Company (The)（SJM）财务数据对比。点击上方公司名可切换其他公司
J.M. Smucker Company (The)的季度营收约是怪兽饮料的1.1倍（$2.3B vs $2.1B），怪兽饮料净利率更高（21.1% vs 10.4%，领先10.7%），怪兽饮料同比增速更快（17.6% vs 2.6%），怪兽饮料自由现金流更多（$351.2M vs $280.2M），过去两年怪兽饮料的营收复合增速更高（5.9% vs 2.2%）
怪兽饮料是美国知名饮品企业，旗下拥有魔爪、Relentless、Reign、Burn等多款畅销能量饮料产品。公司1935年创立于美国南加州，前身为Hansen's，最初主营果汁产品，2012年正式更为现名。
J.M.斯马克公司是美国食品饮料生产企业，总部位于俄亥俄州奥维尔，1897年成立之初主营苹果酱生产，目前旗下设消费食品、宠物食品、咖啡三大业务板块，核心品牌Smucker's主打果酱、花生酱、糖浆、无皮冷冻三明治、冰淇淋顶料等产品。
MNST vs SJM — 直观对比
营收规模更大
SJM
是对方的1.1倍
$2.1B
营收增速更快
MNST
高出15.0%
2.6%
净利率更高
MNST
高出10.7%
10.4%
自由现金流更多
MNST
多$71.0M
$280.2M
两年增速更快
MNST
近两年复合增速
2.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.3B |
| 净利润 | $449.2M | $241.3M |
| 毛利率 | 55.5% | 37.3% |
| 营业利润率 | 25.5% | 18.0% |
| 净利率 | 21.1% | 10.4% |
| 营收同比 | 17.6% | 2.6% |
| 净利润同比 | 65.9% | 1084.9% |
| 每股收益（稀释后） | — | $2.26 |
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MNSTSJM
| Q4 25 | $2.1B | $2.3B | ||
| Q3 25 | $2.2B | $2.1B | ||
| Q2 25 | $2.1B | $2.1B | ||
| Q1 25 | $1.9B | $2.2B | ||
| Q4 24 | $1.8B | $2.3B | ||
| Q3 24 | $1.9B | $2.1B | ||
| Q2 24 | $1.9B | $2.2B | ||
| Q1 24 | $1.9B | $2.2B |
净利润MNSTSJM
| Q4 25 | $449.2M | $241.3M | ||
| Q3 25 | $524.5M | $-43.9M | ||
| Q2 25 | $488.8M | $-729.0M | ||
| Q1 25 | $443.0M | $-662.3M | ||
| Q4 24 | $270.7M | $-24.5M | ||
| Q3 24 | $370.9M | $185.0M | ||
| Q2 24 | $425.4M | $245.1M | ||
| Q1 24 | $442.0M | $120.4M |
毛利率MNSTSJM
| Q4 25 | 55.5% | 37.3% | ||
| Q3 25 | 55.7% | 22.5% | ||
| Q2 25 | 55.7% | 38.4% | ||
| Q1 25 | 56.5% | 40.2% | ||
| Q4 24 | 55.3% | 39.0% | ||
| Q3 24 | 53.2% | 37.5% | ||
| Q2 24 | 53.6% | 41.4% | ||
| Q1 24 | 54.1% | 36.9% |
营业利润率MNSTSJM
| Q4 25 | 25.5% | 18.0% | ||
| Q3 25 | 30.7% | 2.2% | ||
| Q2 25 | 29.9% | -27.9% | ||
| Q1 25 | 30.7% | -27.2% | ||
| Q4 24 | 21.0% | 7.5% | ||
| Q3 24 | 25.5% | 16.4% | ||
| Q2 24 | 27.7% | 18.4% | ||
| Q1 24 | 28.5% | 13.3% |
净利率MNSTSJM
| Q4 25 | 21.1% | 10.4% | ||
| Q3 25 | 23.9% | -2.1% | ||
| Q2 25 | 23.1% | -34.0% | ||
| Q1 25 | 23.9% | -30.3% | ||
| Q4 24 | 14.9% | -1.1% | ||
| Q3 24 | 19.7% | 8.7% | ||
| Q2 24 | 22.4% | 11.1% | ||
| Q1 24 | 23.3% | 5.4% |
每股收益（稀释后）MNSTSJM
| Q4 25 | — | $2.26 | ||
| Q3 25 | — | $-0.41 | ||
| Q2 25 | — | $-6.86 | ||
| Q1 25 | — | $-6.22 | ||
| Q4 24 | — | $-0.23 | ||
| Q3 24 | — | $1.74 | ||
| Q2 24 | — | $2.31 | ||
| Q1 24 | — | $1.13 |
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 | $2.8B | — |
| 总债务越低越好 | — | $7.0B |
| 股东权益账面价值 | $8.3B | $6.1B |
| 总资产 | $10.0B | $17.6B |
| 负债/权益比越低杠杆越低 | — | 1.16× |
8季度趋势，按日历期对齐
现金及短期投资MNSTSJM
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $3.6B | — |
总债务MNSTSJM
| Q4 25 | — | $7.0B | ||
| Q3 25 | — | $7.0B | ||
| Q2 25 | — | $7.0B | ||
| Q1 25 | $199.1M | $7.4B | ||
| Q4 24 | $374.0M | $7.8B | ||
| Q3 24 | $748.8M | $7.8B | ||
| Q2 24 | $748.7M | $7.8B | ||
| Q1 24 | — | $8.1B |
股东权益MNSTSJM
| Q4 25 | $8.3B | $6.1B | ||
| Q3 25 | $7.7B | $5.9B | ||
| Q2 25 | $7.2B | $6.1B | ||
| Q1 25 | $6.5B | $6.9B | ||
| Q4 24 | $6.0B | $7.6B | ||
| Q3 24 | $5.8B | $7.8B | ||
| Q2 24 | $5.9B | $7.7B | ||
| Q1 24 | $8.6B | $7.6B |
总资产MNSTSJM
| Q4 25 | $10.0B | $17.6B | ||
| Q3 25 | $9.6B | $17.7B | ||
| Q2 25 | $8.7B | $17.6B | ||
| Q1 25 | $8.2B | $18.4B | ||
| Q4 24 | $7.7B | $20.0B | ||
| Q3 24 | $8.1B | $20.3B | ||
| Q2 24 | $8.1B | $20.3B | ||
| Q1 24 | $10.1B | $20.2B |
负债/权益比MNSTSJM
| Q4 25 | — | 1.16× | ||
| Q3 25 | — | 1.19× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | 0.03× | 1.07× | ||
| Q4 24 | 0.06× | 1.02× | ||
| Q3 24 | 0.13× | 1.00× | ||
| Q2 24 | 0.13× | 1.01× | ||
| Q1 24 | — | 1.07× |
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 | $379.4M | $346.5M |
| 自由现金流经营现金流 - 资本支出 | $351.2M | $280.2M |
| 自由现金流率自由现金流/营收 | 16.5% | 12.0% |
| 资本支出强度资本支出/营收 | 1.3% | 2.8% |
| 现金转化率经营现金流/净利润 | 0.84× | 1.44× |
| 过去12个月自由现金流最近4个季度 | $2.0B | $635.5M |
8季度趋势，按日历期对齐
经营现金流MNSTSJM
| Q4 25 | $379.4M | $346.5M | ||
| Q3 25 | $745.1M | $-10.6M | ||
| Q2 25 | $466.0M | $393.9M | ||
| Q1 25 | $507.6M | $239.4M | ||
| Q4 24 | $461.7M | $404.2M | ||
| Q3 24 | $618.4M | $172.9M | ||
| Q2 24 | $436.3M | $428.1M | ||
| Q1 24 | $412.1M | $406.5M |
自由现金流MNSTSJM
| Q4 25 | $351.2M | $280.2M | ||
| Q3 25 | $701.5M | $-94.9M | ||
| Q2 25 | $434.6M | $298.9M | ||
| Q1 25 | $478.5M | $151.3M | ||
| Q4 24 | $370.4M | $317.2M | ||
| Q3 24 | $571.4M | $49.2M | ||
| Q2 24 | $376.5M | $297.5M | ||
| Q1 24 | $346.1M | $249.6M |
自由现金流率MNSTSJM
| Q4 25 | 16.5% | 12.0% | ||
| Q3 25 | 31.9% | -4.5% | ||
| Q2 25 | 20.6% | 13.9% | ||
| Q1 25 | 25.8% | 6.9% | ||
| Q4 24 | 20.4% | 14.0% | ||
| Q3 24 | 30.4% | 2.3% | ||
| Q2 24 | 19.8% | 13.5% | ||
| Q1 24 | 18.2% | 11.2% |
资本支出强度MNSTSJM
| Q4 25 | 1.3% | 2.8% | ||
| Q3 25 | 2.0% | 4.0% | ||
| Q2 25 | 1.5% | 4.4% | ||
| Q1 25 | 1.6% | 4.0% | ||
| Q4 24 | 5.0% | 3.8% | ||
| Q3 24 | 2.5% | 5.8% | ||
| Q2 24 | 3.1% | 5.9% | ||
| Q1 24 | 3.5% | 7.0% |
现金转化率MNSTSJM
| Q4 25 | 0.84× | 1.44× | ||
| Q3 25 | 1.42× | — | ||
| Q2 25 | 0.95× | — | ||
| Q1 25 | 1.15× | — | ||
| Q4 24 | 1.71× | — | ||
| Q3 24 | 1.67× | 0.93× | ||
| Q2 24 | 1.03× | 1.75× | ||
| Q1 24 | 0.93× | 3.38× |
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
MNST
| Monster Energy Drinks Segment | $1.2B | 57% |
| Sales Revenue Product Line | $905.5M | 42% |
| Strategic Brands Segment | $50.3M | 2% |
| Alcohol Brands Segment | $29.0M | 1% |
SJM
| U.S.Retail Frozen Handheld And Spreads | $461.1M | 20% |
| U.S.Retail Pet Foods | $413.2M | 18% |
| Handheld Frozen Sandwiches | $262.9M | 11% |
| Sweet Baked Snacks | $256.1M | 11% |
| Pet Snacks | $232.0M | 10% |
| Cat Food | $197.2M | 8% |
| Peanut Butter | $187.1M | 8% |
| CA | $94.5M | 4% |
| Fruit Spreads | $92.2M | 4% |
| Other | $50.5M | 2% |
| Portion Control | $50.1M | 2% |
| All Other International | $33.2M | 1% |
