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奥驰亚（MO）与TOOTSIE ROLL INDUSTRIES INC（TR）财务数据对比。点击上方公司名可切换其他公司
奥驰亚的季度营收约是TOOTSIE ROLL INDUSTRIES INC的29.8倍（$5.8B vs $196.3M）。奥驰亚净利率更高（19.1% vs 14.7%，领先4.4%）。TOOTSIE ROLL INDUSTRIES INC同比增速更快（1.5% vs -2.1%）。奥驰亚自由现金流更多（$3.2B vs $61.0M）。过去两年TOOTSIE ROLL INDUSTRIES INC的营收复合增速更高（13.2% vs 2.4%）
奥驰亚集团是美国头部烟草企业，通过旗下子公司生产销售可燃烟草与口服类烟草相关产品，核心品牌包括万宝路香烟、Black & Mild雪茄及烟斗烟、哥本哈根、斯库尔等湿无烟烟草，以及on!口服尼古丁袋，产品主要供应批发商、分销商及大型零售客户。
图西罗工业是总部位于美国伊利诺伊州芝加哥的糖果生产企业，核心产品包括同名的图西罗软糖、图西棒棒糖等广受欢迎的糖果产品，旗下品牌目前已销往加拿大、墨西哥等全球超过75个国家和地区。
MO vs TR — 直观对比
营收规模更大
MO
是对方的29.8倍
$196.3M
营收增速更快
TR
高出3.6%
-2.1%
净利率更高
MO
高出4.4%
14.7%
自由现金流更多
MO
多$3.1B
$61.0M
两年增速更快
TR
近两年复合增速
2.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.8B | $196.3M |
| 净利润 | $1.1B | $28.8M |
| 毛利率 | 62.1% | 35.7% |
| 营业利润率 | 28.2% | 17.0% |
| 净利率 | 19.1% | 14.7% |
| 营收同比 | -2.1% | 1.5% |
| 净利润同比 | -63.2% | 27.9% |
| 每股收益（稀释后） | $0.67 | — |
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MOTR
| Q4 25 | $5.8B | $196.3M | ||
| Q3 25 | $6.1B | $232.7M | ||
| Q2 25 | $6.1B | $155.1M | ||
| Q1 25 | $5.3B | $148.5M | ||
| Q4 24 | $6.0B | $193.4M | ||
| Q3 24 | $6.3B | $225.9M | ||
| Q2 24 | $6.2B | $150.7M | ||
| Q1 24 | $5.6B | $153.2M |
净利润MOTR
| Q4 25 | $1.1B | $28.8M | ||
| Q3 25 | $2.4B | $35.7M | ||
| Q2 25 | $2.4B | $17.5M | ||
| Q1 25 | $1.1B | $18.1M | ||
| Q4 24 | $3.0B | $22.5M | ||
| Q3 24 | $2.3B | $32.8M | ||
| Q2 24 | $3.8B | $15.6M | ||
| Q1 24 | $2.1B | $15.8M |
毛利率MOTR
| Q4 25 | 62.1% | 35.7% | ||
| Q3 25 | 62.8% | 34.1% | ||
| Q2 25 | 63.1% | 36.4% | ||
| Q1 25 | 61.8% | 35.3% | ||
| Q4 24 | 60.3% | 39.1% | ||
| Q3 24 | 60.8% | 34.1% | ||
| Q2 24 | 59.2% | 33.5% | ||
| Q1 24 | 58.8% | 32.7% |
营业利润率MOTR
| Q4 25 | 28.2% | 17.0% | ||
| Q3 25 | 53.2% | 13.9% | ||
| Q2 25 | 52.9% | 7.8% | ||
| Q1 25 | 34.0% | 15.5% | ||
| Q4 24 | 48.2% | 20.0% | ||
| Q3 24 | 50.4% | 15.6% | ||
| Q2 24 | 40.8% | 10.2% | ||
| Q1 24 | 48.0% | 7.3% |
净利率MOTR
| Q4 25 | 19.1% | 14.7% | ||
| Q3 25 | 39.1% | 15.3% | ||
| Q2 25 | 39.0% | 11.3% | ||
| Q1 25 | 20.5% | 12.2% | ||
| Q4 24 | 50.9% | 11.6% | ||
| Q3 24 | 36.6% | 14.5% | ||
| Q2 24 | 61.2% | 10.4% | ||
| Q1 24 | 38.2% | 10.3% |
每股收益（稀释后）MOTR
| Q4 25 | $0.67 | — | ||
| Q3 25 | $1.41 | — | ||
| Q2 25 | $1.41 | — | ||
| Q1 25 | $0.63 | — | ||
| Q4 24 | $1.78 | — | ||
| Q3 24 | $1.34 | — | ||
| Q2 24 | $2.21 | — | ||
| Q1 24 | $1.21 | — |
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 | $4.5B | $176.6M |
| 总债务越低越好 | $25.7B | — |
| 股东权益账面价值 | $-3.5B | $941.0M |
| 总资产 | $35.0B | $1.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MOTR
| Q4 25 | $4.5B | $176.6M | ||
| Q3 25 | $3.5B | $119.8M | ||
| Q2 25 | $1.3B | $170.5M | ||
| Q1 25 | $4.7B | $176.6M | ||
| Q4 24 | $3.1B | $194.6M | ||
| Q3 24 | $1.9B | $163.2M | ||
| Q2 24 | $1.8B | $131.2M | ||
| Q1 24 | $3.6B | $159.4M |
总债务MOTR
| Q4 25 | $25.7B | — | ||
| Q3 25 | $25.7B | — | ||
| Q2 25 | $24.7B | — | ||
| Q1 25 | $26.1B | — | ||
| Q4 24 | $24.9B | — | ||
| Q3 24 | $25.2B | — | ||
| Q2 24 | $25.0B | — | ||
| Q1 24 | $25.0B | — |
股东权益MOTR
| Q4 25 | $-3.5B | $941.0M | ||
| Q3 25 | $-2.6B | $918.9M | ||
| Q2 25 | $-3.3B | $893.1M | ||
| Q1 25 | $-3.5B | $879.4M | ||
| Q4 24 | $-2.2B | $870.7M | ||
| Q3 24 | $-3.5B | $870.2M | ||
| Q2 24 | $-3.0B | $841.4M | ||
| Q1 24 | $-5.1B | $834.4M |
总资产MOTR
| Q4 25 | $35.0B | $1.3B | ||
| Q3 25 | $35.0B | $1.2B | ||
| Q2 25 | $32.3B | $1.2B | ||
| Q1 25 | $35.8B | $1.1B | ||
| Q4 24 | $35.2B | $1.1B | ||
| Q3 24 | $34.2B | $1.1B | ||
| Q2 24 | $34.4B | $1.1B | ||
| Q1 24 | $36.5B | $1.1B |
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 | $3.3B | $73.3M |
| 自由现金流经营现金流 - 资本支出 | $3.2B | $61.0M |
| 自由现金流率自由现金流/营收 | 54.4% | 31.1% |
| 资本支出强度资本支出/营收 | 1.6% | 6.3% |
| 现金转化率经营现金流/净利润 | 2.93× | 2.55× |
| 过去12个月自由现金流最近4个季度 | $9.1B | $96.4M |
8季度趋势，按日历期对齐
经营现金流MOTR
| Q4 25 | $3.3B | $73.3M | ||
| Q3 25 | $3.1B | $62.2M | ||
| Q2 25 | $205.0M | $-8.5M | ||
| Q1 25 | $2.7B | $3.6M | ||
| Q4 24 | $3.3B | $68.8M | ||
| Q3 24 | $2.6B | $61.3M | ||
| Q2 24 | $-75.0M | $-12.6M | ||
| Q1 24 | $2.9B | $21.4M |
自由现金流MOTR
| Q4 25 | $3.2B | $61.0M | ||
| Q3 25 | $3.0B | $50.7M | ||
| Q2 25 | $173.0M | $-16.0M | ||
| Q1 25 | $2.7B | $750.0K | ||
| Q4 24 | $3.3B | $64.7M | ||
| Q3 24 | $2.6B | $55.8M | ||
| Q2 24 | $-104.0M | $-16.6M | ||
| Q1 24 | $2.8B | $16.9M |
自由现金流率MOTR
| Q4 25 | 54.4% | 31.1% | ||
| Q3 25 | 50.1% | 21.8% | ||
| Q2 25 | 2.8% | -10.3% | ||
| Q1 25 | 51.0% | 0.5% | ||
| Q4 24 | 55.1% | 33.5% | ||
| Q3 24 | 41.2% | 24.7% | ||
| Q2 24 | -1.7% | -11.0% | ||
| Q1 24 | 51.0% | 11.0% |
资本支出强度MOTR
| Q4 25 | 1.6% | 6.3% | ||
| Q3 25 | 0.9% | 5.0% | ||
| Q2 25 | 0.5% | 4.8% | ||
| Q1 25 | 0.7% | 1.9% | ||
| Q4 24 | 0.8% | 2.1% | ||
| Q3 24 | 0.5% | 2.4% | ||
| Q2 24 | 0.5% | 2.6% | ||
| Q1 24 | 0.6% | 2.9% |
现金转化率MOTR
| Q4 25 | 2.93× | 2.55× | ||
| Q3 25 | 1.30× | 1.74× | ||
| Q2 25 | 0.09× | -0.49× | ||
| Q1 25 | 2.53× | 0.20× | ||
| Q4 24 | 1.10× | 3.06× | ||
| Q3 24 | 1.14× | 1.87× | ||
| Q2 24 | -0.02× | -0.81× | ||
| Q1 24 | 1.35× | 1.35× |
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
MO
| Smokeable Products Segment | $5.1B | 88% |
| Oral Tobacco Segment | $706.0M | 12% |
TR
| Products | $194.3M | 99% |
| Rental And Royalty | $1.9M | 1% |
