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Natural Grocers by Vitamin Cottage, Inc.（NGVC）与Regency Centers（REG）财务数据对比。点击上方公司名可切换其他公司
Regency Centers的季度营收约是Natural Grocers by Vitamin Cottage, Inc.的1.2倍（$404.2M vs $335.6M），Regency Centers净利率更高（50.1% vs 3.4%，领先46.7%），Regency Centers同比增速更快（8.5% vs 1.6%），过去两年Regency Centers的营收复合增速更高（5.4% 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。
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
NGVC vs REG — 直观对比
营收规模更大
REG
是对方的1.2倍
$335.6M
营收增速更快
REG
高出6.9%
1.6%
净利率更高
REG
高出46.7%
3.4%
两年增速更快
REG
近两年复合增速
4.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.6M | $404.2M |
| 净利润 | $11.3M | $202.5M |
| 毛利率 | 29.5% | — |
| 营业利润率 | 4.4% | 71.0% |
| 净利率 | 3.4% | 50.1% |
| 营收同比 | 1.6% | 8.5% |
| 净利润同比 | 14.0% | 134.1% |
| 每股收益（稀释后） | $0.49 | — |
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NGVCREG
| Q4 25 | $335.6M | $404.2M | ||
| Q3 25 | $336.1M | $387.6M | ||
| Q2 25 | $328.7M | $380.8M | ||
| Q1 25 | $335.8M | $380.9M | ||
| Q4 24 | $330.2M | $372.5M | ||
| Q3 24 | $322.7M | $360.3M | ||
| Q2 24 | $309.1M | $357.3M | ||
| Q1 24 | $308.1M | $363.9M |
净利润NGVCREG
| Q4 25 | $11.3M | $202.5M | ||
| Q3 25 | $11.8M | $109.4M | ||
| Q2 25 | $11.6M | $106.0M | ||
| Q1 25 | $13.1M | $109.6M | ||
| Q4 24 | $9.9M | $86.5M | ||
| Q3 24 | $9.0M | $101.5M | ||
| Q2 24 | $9.2M | $102.7M | ||
| Q1 24 | $8.0M | $109.8M |
毛利率NGVCREG
| Q4 25 | 29.5% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 29.9% | — | ||
| Q1 25 | 30.3% | — | ||
| Q4 24 | 29.9% | — | ||
| Q3 24 | 29.6% | — | ||
| Q2 24 | 29.2% | — | ||
| Q1 24 | 29.3% | — |
营业利润率NGVCREG
| Q4 25 | 4.4% | 71.0% | ||
| Q3 25 | 4.6% | 72.7% | ||
| Q2 25 | 4.7% | 73.8% | ||
| Q1 25 | 5.2% | 71.8% | ||
| Q4 24 | 4.0% | 71.1% | ||
| Q3 24 | 3.7% | 72.5% | ||
| Q2 24 | 4.2% | 72.3% | ||
| Q1 24 | 3.7% | 72.3% |
净利率NGVCREG
| Q4 25 | 3.4% | 50.1% | ||
| Q3 25 | 3.5% | 28.2% | ||
| Q2 25 | 3.5% | 27.8% | ||
| Q1 25 | 3.9% | 28.8% | ||
| Q4 24 | 3.0% | 23.2% | ||
| Q3 24 | 2.8% | 28.2% | ||
| Q2 24 | 3.0% | 28.7% | ||
| Q1 24 | 2.6% | 30.2% |
每股收益（稀释后）NGVCREG
| Q4 25 | $0.49 | — | ||
| Q3 25 | $0.51 | — | ||
| Q2 25 | $0.50 | — | ||
| Q1 25 | $0.56 | — | ||
| Q4 24 | $0.43 | — | ||
| Q3 24 | $0.38 | — | ||
| Q2 24 | $0.40 | — | ||
| Q1 24 | $0.35 | — |
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 | — | $4.7B |
| 股东权益账面价值 | $220.0M | $6.9B |
| 总资产 | $668.6M | $13.0B |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资NGVCREG
| 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NGVCREG
| Q4 25 | — | $4.7B | ||
| Q3 25 | — | $4.9B | ||
| Q2 25 | — | $4.8B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.4B |
股东权益NGVCREG
| Q4 25 | $220.0M | $6.9B | ||
| Q3 25 | $212.4M | $6.8B | ||
| Q2 25 | $202.5M | $6.7B | ||
| Q1 25 | $193.0M | $6.7B | ||
| Q4 24 | $181.9M | $6.7B | ||
| Q3 24 | $174.3M | $6.8B | ||
| Q2 24 | $167.8M | $6.8B | ||
| Q1 24 | $160.0M | $7.0B |
总资产NGVCREG
| Q4 25 | $668.6M | $13.0B | ||
| Q3 25 | $670.5M | $13.1B | ||
| Q2 25 | $659.0M | $12.7B | ||
| Q1 25 | $664.6M | $12.6B | ||
| Q4 24 | $648.9M | $12.4B | ||
| Q3 24 | $655.5M | $12.4B | ||
| Q2 24 | $654.4M | $12.4B | ||
| Q1 24 | $656.6M | $12.7B |
负债/权益比NGVCREG
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | — | 0.65× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.63× |
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 | $203.9M |
| 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× | 1.01× |
| 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NGVCREG
| Q4 25 | $21.1M | $203.9M | ||
| Q3 25 | $15.6M | $218.7M | ||
| Q2 25 | $2.9M | $244.0M | ||
| Q1 25 | $34.1M | $161.0M | ||
| Q4 24 | $2.7M | $191.4M | ||
| Q3 24 | $24.5M | $227.6M | ||
| Q2 24 | $12.4M | $203.5M | ||
| Q1 24 | $20.2M | $167.8M |
自由现金流NGVCREG
| Q4 25 | $11.6M | — | ||
| Q3 25 | $7.5M | — | ||
| Q2 25 | $-4.2M | — | ||
| Q1 25 | $27.6M | — | ||
| Q4 24 | $-6.9M | — | ||
| Q3 24 | $18.0M | — | ||
| Q2 24 | $3.6M | — | ||
| Q1 24 | $9.8M | — |
自由现金流率NGVCREG
| Q4 25 | 3.4% | — | ||
| Q3 25 | 2.2% | — | ||
| Q2 25 | -1.3% | — | ||
| Q1 25 | 8.2% | — | ||
| Q4 24 | -2.1% | — | ||
| Q3 24 | 5.6% | — | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 3.2% | — |
资本支出强度NGVCREG
| Q4 25 | 2.9% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 2.9% | — | ||
| Q1 24 | 3.4% | — |
现金转化率NGVCREG
| Q4 25 | 1.86× | 1.01× | ||
| Q3 25 | 1.32× | 2.00× | ||
| Q2 25 | 0.25× | 2.30× | ||
| Q1 25 | 2.60× | 1.47× | ||
| Q4 24 | 0.27× | 2.21× | ||
| Q3 24 | 2.72× | 2.24× | ||
| Q2 24 | 1.35× | 1.98× | ||
| Q1 24 | 2.54× | 1.53× |
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% |
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
