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怪兽饮料（MNST）与泰佩思琦（TPR）财务数据对比。点击上方公司名可切换其他公司
泰佩思琦的季度营收约是怪兽饮料的1.2倍（$2.5B vs $2.1B），泰佩思琦净利率更高（22.4% vs 21.1%，领先1.4%），怪兽饮料同比增速更快（17.6% vs 14.0%），泰佩思琦自由现金流更多（$1.0B vs $351.2M），过去两年泰佩思琦的营收复合增速更高（29.9% vs 5.9%）
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。
Tapestry, Inc.是美国知名跨国奢侈品时尚控股企业，旗下拥有Coach、Kate Spade New York、Stuart Weitzman三大标志性生活方式品牌，主营高端手袋、服饰、鞋履、配饰及香水产品，销售渠道覆盖全球线下门店与线上电商平台。
MNST vs TPR — 直观对比
营收规模更大
TPR
是对方的1.2倍
$2.1B
营收增速更快
MNST
高出3.6%
14.0%
净利率更高
TPR
高出1.4%
21.1%
自由现金流更多
TPR
多$686.3M
$351.2M
两年增速更快
TPR
近两年复合增速
5.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.5B |
| 净利润 | $449.2M | $561.3M |
| 毛利率 | 55.5% | 75.5% |
| 营业利润率 | 25.5% | 28.6% |
| 净利率 | 21.1% | 22.4% |
| 营收同比 | 17.6% | 14.0% |
| 净利润同比 | 65.9% | 80.8% |
| 每股收益（稀释后） | — | $2.68 |
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MNSTTPR
| Q4 25 | $2.1B | $2.5B | ||
| Q3 25 | $2.2B | $1.7B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $1.9B | $1.6B | ||
| Q4 24 | $1.8B | $2.2B | ||
| Q3 24 | $1.9B | $1.5B | ||
| Q2 24 | $1.9B | $1.6B | ||
| Q1 24 | $1.9B | $1.5B |
净利润MNSTTPR
| Q4 25 | $449.2M | $561.3M | ||
| Q3 25 | $524.5M | $274.8M | ||
| Q2 25 | $488.8M | $-517.1M | ||
| Q1 25 | $443.0M | $203.3M | ||
| Q4 24 | $270.7M | $310.4M | ||
| Q3 24 | $370.9M | $186.6M | ||
| Q2 24 | $425.4M | $159.3M | ||
| Q1 24 | $442.0M | $139.4M |
毛利率MNSTTPR
| Q4 25 | 55.5% | 75.5% | ||
| Q3 25 | 55.7% | 76.3% | ||
| Q2 25 | 55.7% | 76.3% | ||
| Q1 25 | 56.5% | 76.1% | ||
| Q4 24 | 55.3% | 74.4% | ||
| Q3 24 | 53.2% | 75.3% | ||
| Q2 24 | 53.6% | 74.9% | ||
| Q1 24 | 54.1% | 74.7% |
营业利润率MNSTTPR
| Q4 25 | 25.5% | 28.6% | ||
| Q3 25 | 30.7% | 19.3% | ||
| Q2 25 | 29.9% | -33.9% | ||
| Q1 25 | 30.7% | 16.0% | ||
| Q4 24 | 21.0% | 22.4% | ||
| Q3 24 | 25.5% | 16.7% | ||
| Q2 24 | 27.7% | 14.8% | ||
| Q1 24 | 28.5% | 13.8% |
净利率MNSTTPR
| Q4 25 | 21.1% | 22.4% | ||
| Q3 25 | 23.9% | 16.1% | ||
| Q2 25 | 23.1% | -30.0% | ||
| Q1 25 | 23.9% | 12.8% | ||
| Q4 24 | 14.9% | 14.1% | ||
| Q3 24 | 19.7% | 12.4% | ||
| Q2 24 | 22.4% | 10.0% | ||
| Q1 24 | 23.3% | 9.4% |
每股收益（稀释后）MNSTTPR
| Q4 25 | — | $2.68 | ||
| Q3 25 | — | $1.28 | ||
| Q2 25 | — | $-2.30 | ||
| Q1 25 | — | $0.95 | ||
| Q4 24 | — | $1.38 | ||
| Q3 24 | — | $0.79 | ||
| Q2 24 | — | $0.67 | ||
| Q1 24 | — | $0.60 |
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 | $1.1B |
| 总债务越低越好 | — | $2.4B |
| 股东权益账面价值 | $8.3B | $551.2M |
| 总资产 | $10.0B | $6.5B |
| 负债/权益比越低杠杆越低 | — | 4.32× |
8季度趋势，按日历期对齐
现金及短期投资MNSTTPR
| Q4 25 | $2.8B | $1.1B | ||
| Q3 25 | $2.6B | $743.2M | ||
| Q2 25 | $2.1B | $1.1B | ||
| Q1 25 | $1.9B | $1.1B | ||
| Q4 24 | $1.5B | $1.0B | ||
| Q3 24 | $1.6B | $7.3B | ||
| Q2 24 | $1.6B | $7.2B | ||
| Q1 24 | $3.6B | $7.4B |
总债务MNSTTPR
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | $199.1M | $2.4B | ||
| Q4 24 | $374.0M | $2.4B | ||
| Q3 24 | $748.8M | $7.0B | ||
| Q2 24 | $748.7M | $6.9B | ||
| Q1 24 | — | $7.7B |
股东权益MNSTTPR
| Q4 25 | $8.3B | $551.2M | ||
| Q3 25 | $7.7B | $399.5M | ||
| Q2 25 | $7.2B | $857.8M | ||
| Q1 25 | $6.5B | $1.5B | ||
| Q4 24 | $6.0B | $1.3B | ||
| Q3 24 | $5.8B | $3.0B | ||
| Q2 24 | $5.9B | $2.9B | ||
| Q1 24 | $8.6B | $2.8B |
总资产MNSTTPR
| Q4 25 | $10.0B | $6.5B | ||
| Q3 25 | $9.6B | $6.4B | ||
| Q2 25 | $8.7B | $6.6B | ||
| Q1 25 | $8.2B | $7.3B | ||
| Q4 24 | $7.7B | $7.3B | ||
| Q3 24 | $8.1B | $13.7B | ||
| Q2 24 | $8.1B | $13.4B | ||
| Q1 24 | $10.1B | $13.7B |
负债/权益比MNSTTPR
| Q4 25 | — | 4.32× | ||
| Q3 25 | — | 5.95× | ||
| Q2 25 | — | 2.77× | ||
| Q1 25 | 0.03× | 1.59× | ||
| Q4 24 | 0.06× | 1.78× | ||
| Q3 24 | 0.13× | 2.35× | ||
| Q2 24 | 0.13× | 2.39× | ||
| Q1 24 | — | 2.77× |
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 | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $351.2M | $1.0B |
| 自由现金流率自由现金流/营收 | 16.5% | 41.5% |
| 资本支出强度资本支出/营收 | 1.3% | 1.7% |
| 现金转化率经营现金流/净利润 | 0.84× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $2.0B | $1.6B |
8季度趋势，按日历期对齐
经营现金流MNSTTPR
| Q4 25 | $379.4M | $1.1B | ||
| Q3 25 | $745.1M | $112.6M | ||
| Q2 25 | $466.0M | $446.8M | ||
| Q1 25 | $507.6M | $144.3M | ||
| Q4 24 | $461.7M | $506.0M | ||
| Q3 24 | $618.4M | $119.5M | ||
| Q2 24 | $436.3M | $256.0M | ||
| Q1 24 | $412.1M | $97.8M |
自由现金流MNSTTPR
| Q4 25 | $351.2M | $1.0B | ||
| Q3 25 | $701.5M | $80.2M | ||
| Q2 25 | $434.6M | $411.5M | ||
| Q1 25 | $478.5M | $113.4M | ||
| Q4 24 | $370.4M | $475.1M | ||
| Q3 24 | $571.4M | $93.9M | ||
| Q2 24 | $376.5M | $209.8M | ||
| Q1 24 | $346.1M | $78.8M |
自由现金流率MNSTTPR
| Q4 25 | 16.5% | 41.5% | ||
| Q3 25 | 31.9% | 4.7% | ||
| Q2 25 | 20.6% | 23.9% | ||
| Q1 25 | 25.8% | 7.2% | ||
| Q4 24 | 20.4% | 21.6% | ||
| Q3 24 | 30.4% | 6.2% | ||
| Q2 24 | 19.8% | 13.2% | ||
| Q1 24 | 18.2% | 5.3% |
资本支出强度MNSTTPR
| Q4 25 | 1.3% | 1.7% | ||
| Q3 25 | 2.0% | 1.9% | ||
| Q2 25 | 1.5% | 2.0% | ||
| Q1 25 | 1.6% | 2.0% | ||
| Q4 24 | 5.0% | 1.4% | ||
| Q3 24 | 2.5% | 1.7% | ||
| Q2 24 | 3.1% | 2.9% | ||
| Q1 24 | 3.5% | 1.3% |
现金转化率MNSTTPR
| Q4 25 | 0.84× | 1.93× | ||
| Q3 25 | 1.42× | 0.41× | ||
| Q2 25 | 0.95× | — | ||
| Q1 25 | 1.15× | 0.71× | ||
| Q4 24 | 1.71× | 1.63× | ||
| Q3 24 | 1.67× | 0.64× | ||
| Q2 24 | 1.03× | 1.61× | ||
| Q1 24 | 0.93× | 0.70× |
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% |
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
