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Natural Grocers by Vitamin Cottage, Inc.（NGVC）与ORMAT TECHNOLOGIES, INC.（ORA）财务数据对比。点击上方公司名可切换其他公司
ORMAT TECHNOLOGIES, INC.的季度营收约是Natural Grocers by Vitamin Cottage, Inc.的1.2倍（$403.9M vs $335.6M），ORMAT TECHNOLOGIES, INC.净利率更高（10.9% vs 3.4%，领先7.5%），ORMAT TECHNOLOGIES, INC.同比增速更快（75.8% vs 1.6%），过去两年ORMAT TECHNOLOGIES, INC.的营收复合增速更高（37.7% vs 4.4%）
Natural Grocers by Vitamin Cottage, Inc.是美国本土的特色零售连锁企业，主营认证有机食品、膳食补充剂、天然个护及环保家居类产品，面向健康意识较强的消费群体，门店覆盖美国多州，执行严格品控标准，拒绝售卖含人工添加剂的商品。
Ormat Technologies是总部位于美国内华达州里诺的跨国企业，主打可再生地热能源技术，累计建成超190座电站，总装机容量超3200兆瓦；截至2021年1月自主运营933兆瓦地热及余热回收电站，还向全球多国供应超千台涡轮增压器。
NGVC vs ORA — 直观对比
营收规模更大
ORA
是对方的1.2倍
$335.6M
营收增速更快
ORA
高出74.1%
1.6%
净利率更高
ORA
高出7.5%
3.4%
两年增速更快
ORA
近两年复合增速
4.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $335.6M | $403.9M |
| 净利润 | $11.3M | $44.1M |
| 毛利率 | 29.5% | 29.8% |
| 营业利润率 | 4.4% | 19.9% |
| 净利率 | 3.4% | 10.9% |
| 营收同比 | 1.6% | 75.8% |
| 净利润同比 | 14.0% | 9.2% |
| 每股收益（稀释后） | $0.49 | $0.71 |
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NGVCORA
| Q1 26 | — | $403.9M | ||
| Q4 25 | $335.6M | $276.0M | ||
| Q3 25 | $336.1M | $249.7M | ||
| Q2 25 | $328.7M | $234.0M | ||
| Q1 25 | $335.8M | $229.8M | ||
| Q4 24 | $330.2M | $230.7M | ||
| Q3 24 | $322.7M | $211.8M | ||
| Q2 24 | $309.1M | $213.0M |
净利润NGVCORA
| Q1 26 | — | $44.1M | ||
| Q4 25 | $11.3M | $31.4M | ||
| Q3 25 | $11.8M | $24.1M | ||
| Q2 25 | $11.6M | $28.0M | ||
| Q1 25 | $13.1M | $40.4M | ||
| Q4 24 | $9.9M | $40.8M | ||
| Q3 24 | $9.0M | $22.1M | ||
| Q2 24 | $9.2M | $22.2M |
毛利率NGVCORA
| Q1 26 | — | 29.8% | ||
| Q4 25 | 29.5% | 28.6% | ||
| Q3 25 | 29.5% | 25.6% | ||
| Q2 25 | 29.9% | 24.3% | ||
| Q1 25 | 30.3% | 31.7% | ||
| Q4 24 | 29.9% | 31.9% | ||
| Q3 24 | 29.6% | 27.8% | ||
| Q2 24 | 29.2% | 28.8% |
营业利润率NGVCORA
| Q1 26 | — | 19.9% | ||
| Q4 25 | 4.4% | 15.4% | ||
| Q3 25 | 4.6% | 16.2% | ||
| Q2 25 | 4.7% | 15.1% | ||
| Q1 25 | 5.2% | 22.2% | ||
| Q4 24 | 4.0% | 21.3% | ||
| Q3 24 | 3.7% | 16.8% | ||
| Q2 24 | 4.2% | 16.5% |
净利率NGVCORA
| Q1 26 | — | 10.9% | ||
| Q4 25 | 3.4% | 11.4% | ||
| Q3 25 | 3.5% | 9.7% | ||
| Q2 25 | 3.5% | 12.0% | ||
| Q1 25 | 3.9% | 17.6% | ||
| Q4 24 | 3.0% | 17.7% | ||
| Q3 24 | 2.8% | 10.4% | ||
| Q2 24 | 3.0% | 10.4% |
每股收益（稀释后）NGVCORA
| Q1 26 | — | $0.71 | ||
| Q4 25 | $0.49 | $0.51 | ||
| Q3 25 | $0.51 | $0.39 | ||
| Q2 25 | $0.50 | $0.46 | ||
| Q1 25 | $0.56 | $0.66 | ||
| Q4 24 | $0.43 | $0.67 | ||
| Q3 24 | $0.38 | $0.36 | ||
| Q2 24 | $0.40 | $0.37 |
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 | $23.2M | $654.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $220.0M | $2.7B |
| 总资产 | $668.6M | $6.8B |
| 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NGVCORA
| Q1 26 | — | $654.6M | ||
| Q4 25 | $23.2M | $147.4M | ||
| Q3 25 | $17.1M | $79.6M | ||
| Q2 25 | $13.2M | $88.5M | ||
| Q1 25 | $21.2M | $112.7M | ||
| Q4 24 | $6.3M | $94.4M | ||
| Q3 24 | $8.9M | $88.1M | ||
| Q2 24 | $13.9M | $66.3M |
总债务NGVCORA
| Q1 26 | — | — | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益NGVCORA
| Q1 26 | — | $2.7B | ||
| Q4 25 | $220.0M | $2.5B | ||
| Q3 25 | $212.4M | $2.5B | ||
| Q2 25 | $202.5M | $2.5B | ||
| Q1 25 | $193.0M | $2.5B | ||
| Q4 24 | $181.9M | $2.4B | ||
| Q3 24 | $174.3M | $2.4B | ||
| Q2 24 | $167.8M | $2.4B |
总资产NGVCORA
| Q1 26 | — | $6.8B | ||
| Q4 25 | $668.6M | $6.2B | ||
| Q3 25 | $670.5M | $6.1B | ||
| Q2 25 | $659.0M | $6.0B | ||
| Q1 25 | $664.6M | $5.8B | ||
| Q4 24 | $648.9M | $5.7B | ||
| Q3 24 | $655.5M | $5.6B | ||
| Q2 24 | $654.4M | $5.5B |
负债/权益比NGVCORA
| Q1 26 | — | — | ||
| Q4 25 | — | 1.05× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.97× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $21.1M | — |
| 自由现金流经营现金流 - 资本支出 | $11.6M | — |
| 自由现金流率自由现金流/营收 | 3.4% | — |
| 资本支出强度资本支出/营收 | 2.9% | — |
| 现金转化率经营现金流/净利润 | 1.86× | — |
| 过去12个月自由现金流最近4个季度 | $42.6M | — |
8季度趋势，按日历期对齐
经营现金流NGVCORA
| Q1 26 | — | — | ||
| Q4 25 | $21.1M | $105.0M | ||
| Q3 25 | $15.6M | $45.2M | ||
| Q2 25 | $2.9M | $96.9M | ||
| Q1 25 | $34.1M | $88.0M | ||
| Q4 24 | $2.7M | $158.6M | ||
| Q3 24 | $24.5M | $106.4M | ||
| Q2 24 | $12.4M | $30.7M |
自由现金流NGVCORA
| Q1 26 | — | — | ||
| Q4 25 | $11.6M | $-40.0M | ||
| Q3 25 | $7.5M | $-102.1M | ||
| Q2 25 | $-4.2M | $-37.9M | ||
| Q1 25 | $27.6M | $-104.6M | ||
| Q4 24 | $-6.9M | $30.9M | ||
| Q3 24 | $18.0M | $-3.3M | ||
| Q2 24 | $3.6M | $-116.1M |
自由现金流率NGVCORA
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | -14.5% | ||
| Q3 25 | 2.2% | -40.9% | ||
| Q2 25 | -1.3% | -16.2% | ||
| Q1 25 | 8.2% | -45.5% | ||
| Q4 24 | -2.1% | 13.4% | ||
| Q3 24 | 5.6% | -1.6% | ||
| Q2 24 | 1.2% | -54.5% |
资本支出强度NGVCORA
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | 52.6% | ||
| Q3 25 | 2.4% | 59.0% | ||
| Q2 25 | 2.2% | 57.6% | ||
| Q1 25 | 1.9% | 83.8% | ||
| Q4 24 | 2.9% | 55.4% | ||
| Q3 24 | 2.0% | 51.8% | ||
| Q2 24 | 2.9% | 69.0% |
现金转化率NGVCORA
| Q1 26 | — | — | ||
| Q4 25 | 1.86× | 3.35× | ||
| Q3 25 | 1.32× | 1.87× | ||
| Q2 25 | 0.25× | 3.45× | ||
| Q1 25 | 2.60× | 2.18× | ||
| Q4 24 | 0.27× | 3.89× | ||
| Q3 24 | 2.72× | 4.82× | ||
| Q2 24 | 1.35× | 1.38× |
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
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
ORA
| Electricity | $181.6M | 45% |
| Product | $177.4M | 44% |
| Energy storage | $44.9M | 11% |
