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Natural Grocers by Vitamin Cottage, Inc.（NGVC）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
Natural Grocers by Vitamin Cottage, Inc.的季度营收约是通用动力的1.8倍（$335.6M vs $184.5M），通用动力净利率更高（7.0% vs 3.4%，领先3.6%），通用动力同比增速更快（28.6% vs 1.6%），通用动力自由现金流更多（$92.8M vs $11.6M），过去两年通用动力的营收复合增速更高（38.9% 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。
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
NGVC vs PLOW — 直观对比
营收规模更大
NGVC
是对方的1.8倍
$184.5M
营收增速更快
PLOW
高出26.9%
1.6%
净利率更高
PLOW
高出3.6%
3.4%
自由现金流更多
PLOW
多$81.3M
$11.6M
两年增速更快
PLOW
近两年复合增速
4.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.6M | $184.5M |
| 净利润 | $11.3M | $12.8M |
| 毛利率 | 29.5% | 26.1% |
| 营业利润率 | 4.4% | 10.5% |
| 净利率 | 3.4% | 7.0% |
| 营收同比 | 1.6% | 28.6% |
| 净利润同比 | 14.0% | 62.3% |
| 每股收益（稀释后） | $0.49 | $0.54 |
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NGVCPLOW
| Q4 25 | $335.6M | $184.5M | ||
| Q3 25 | $336.1M | $162.1M | ||
| Q2 25 | $328.7M | $194.3M | ||
| Q1 25 | $335.8M | $115.1M | ||
| Q4 24 | $330.2M | $143.5M | ||
| Q3 24 | $322.7M | $129.4M | ||
| Q2 24 | $309.1M | $199.9M | ||
| Q1 24 | $308.1M | $95.7M |
净利润NGVCPLOW
| Q4 25 | $11.3M | $12.8M | ||
| Q3 25 | $11.8M | $8.0M | ||
| Q2 25 | $11.6M | $26.0M | ||
| Q1 25 | $13.1M | $148.0K | ||
| Q4 24 | $9.9M | $7.9M | ||
| Q3 24 | $9.0M | $32.3M | ||
| Q2 24 | $9.2M | $24.3M | ||
| Q1 24 | $8.0M | $-8.4M |
毛利率NGVCPLOW
| Q4 25 | 29.5% | 26.1% | ||
| Q3 25 | 29.5% | 23.5% | ||
| Q2 25 | 29.9% | 31.0% | ||
| Q1 25 | 30.3% | 24.5% | ||
| Q4 24 | 29.9% | 24.9% | ||
| Q3 24 | 29.6% | 23.9% | ||
| Q2 24 | 29.2% | 30.7% | ||
| Q1 24 | 29.3% | 19.8% |
营业利润率NGVCPLOW
| Q4 25 | 4.4% | 10.5% | ||
| Q3 25 | 4.6% | 8.7% | ||
| Q2 25 | 4.7% | 19.0% | ||
| Q1 25 | 5.2% | 2.8% | ||
| Q4 24 | 4.0% | 9.0% | ||
| Q3 24 | 3.7% | 35.4% | ||
| Q2 24 | 4.2% | 18.2% | ||
| Q1 24 | 3.7% | -6.7% |
净利率NGVCPLOW
| Q4 25 | 3.4% | 7.0% | ||
| Q3 25 | 3.5% | 4.9% | ||
| Q2 25 | 3.5% | 13.4% | ||
| Q1 25 | 3.9% | 0.1% | ||
| Q4 24 | 3.0% | 5.5% | ||
| Q3 24 | 2.8% | 24.9% | ||
| Q2 24 | 3.0% | 12.2% | ||
| Q1 24 | 2.6% | -8.7% |
每股收益（稀释后）NGVCPLOW
| Q4 25 | $0.49 | $0.54 | ||
| Q3 25 | $0.51 | $0.33 | ||
| Q2 25 | $0.50 | $1.09 | ||
| Q1 25 | $0.56 | $0.00 | ||
| Q4 24 | $0.43 | $0.35 | ||
| Q3 24 | $0.38 | $1.36 | ||
| Q2 24 | $0.40 | $1.02 | ||
| Q1 24 | $0.35 | $-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 | — |
| 总债务越低越好 | — | $144.0M |
| 股东权益账面价值 | $220.0M | $281.4M |
| 总资产 | $668.6M | $626.7M |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资NGVCPLOW
| Q4 25 | $23.2M | — | ||
| Q3 25 | $17.1M | — | ||
| Q2 25 | $13.2M | — | ||
| Q1 25 | $21.2M | — | ||
| Q4 24 | $6.3M | — | ||
| Q3 24 | $8.9M | — | ||
| Q2 24 | $13.9M | — | ||
| Q1 24 | $11.0M | — |
总债务NGVCPLOW
| Q4 25 | — | $144.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $147.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益NGVCPLOW
| Q4 25 | $220.0M | $281.4M | ||
| Q3 25 | $212.4M | $275.3M | ||
| Q2 25 | $202.5M | $273.3M | ||
| Q1 25 | $193.0M | $258.9M | ||
| Q4 24 | $181.9M | $264.2M | ||
| Q3 24 | $174.3M | $260.8M | ||
| Q2 24 | $167.8M | $236.7M | ||
| Q1 24 | $160.0M | $217.2M |
总资产NGVCPLOW
| Q4 25 | $668.6M | $626.7M | ||
| Q3 25 | $670.5M | $694.9M | ||
| Q2 25 | $659.0M | $671.5M | ||
| Q1 25 | $664.6M | $621.0M | ||
| Q4 24 | $648.9M | $590.0M | ||
| Q3 24 | $655.5M | $665.6M | ||
| Q2 24 | $654.4M | $617.0M | ||
| Q1 24 | $656.6M | $577.1M |
负债/权益比NGVCPLOW
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.56× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $11.6M | $92.8M |
| 自由现金流率自由现金流/营收 | 3.4% | 50.3% |
| 资本支出强度资本支出/营收 | 2.9% | 1.7% |
| 现金转化率经营现金流/净利润 | 1.86× | 7.47× |
| 过去12个月自由现金流最近4个季度 | $42.6M | $63.6M |
8季度趋势，按日历期对齐
经营现金流NGVCPLOW
| Q4 25 | $21.1M | $95.9M | ||
| Q3 25 | $15.6M | $-8.5M | ||
| Q2 25 | $2.9M | $-11.4M | ||
| Q1 25 | $34.1M | $-1.3M | ||
| Q4 24 | $2.7M | $74.4M | ||
| Q3 24 | $24.5M | $-14.2M | ||
| Q2 24 | $12.4M | $2.5M | ||
| Q1 24 | $20.2M | $-21.6M |
自由现金流NGVCPLOW
| Q4 25 | $11.6M | $92.8M | ||
| Q3 25 | $7.5M | $-11.4M | ||
| Q2 25 | $-4.2M | $-14.3M | ||
| Q1 25 | $27.6M | $-3.5M | ||
| Q4 24 | $-6.9M | $70.2M | ||
| Q3 24 | $18.0M | $-15.2M | ||
| Q2 24 | $3.6M | $836.0K | ||
| Q1 24 | $9.8M | $-22.4M |
自由现金流率NGVCPLOW
| Q4 25 | 3.4% | 50.3% | ||
| Q3 25 | 2.2% | -7.1% | ||
| Q2 25 | -1.3% | -7.4% | ||
| Q1 25 | 8.2% | -3.0% | ||
| Q4 24 | -2.1% | 48.9% | ||
| Q3 24 | 5.6% | -11.8% | ||
| Q2 24 | 1.2% | 0.4% | ||
| Q1 24 | 3.2% | -23.4% |
资本支出强度NGVCPLOW
| Q4 25 | 2.9% | 1.7% | ||
| Q3 25 | 2.4% | 1.8% | ||
| Q2 25 | 2.2% | 1.5% | ||
| Q1 25 | 1.9% | 1.9% | ||
| Q4 24 | 2.9% | 2.9% | ||
| Q3 24 | 2.0% | 0.8% | ||
| Q2 24 | 2.9% | 0.8% | ||
| Q1 24 | 3.4% | 0.8% |
现金转化率NGVCPLOW
| Q4 25 | 1.86× | 7.47× | ||
| Q3 25 | 1.32× | -1.07× | ||
| Q2 25 | 0.25× | -0.44× | ||
| Q1 25 | 2.60× | -9.03× | ||
| Q4 24 | 0.27× | 9.41× | ||
| Q3 24 | 2.72× | -0.44× | ||
| Q2 24 | 1.35× | 0.10× | ||
| Q1 24 | 2.54× | — |
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% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
