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Natural Grocers by Vitamin Cottage, Inc.（NGVC）与RAYONIER ADVANCED MATERIALS INC.（RYAM）财务数据对比。点击上方公司名可切换其他公司
RAYONIER ADVANCED MATERIALS INC.的季度营收约是Natural Grocers by Vitamin Cottage, Inc.的1.2倍（$417.5M vs $335.6M），Natural Grocers by Vitamin Cottage, Inc.净利率更高（3.4% vs -5.0%，领先8.4%），Natural Grocers by Vitamin Cottage, Inc.同比增速更快（1.6% vs -1.2%），过去两年Natural Grocers by Vitamin Cottage, Inc.的营收复合增速更高（4.4% vs 3.8%）
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。
RYAM（原雷尼尔先进材料公司）是一家美国全球性纤维素技术企业，主打高纯度特种纤维素产品，所生产的天然聚合物广泛应用于过滤器生产、食品加工、医药制造及各类工业领域，同时也为造纸和包装行业供应相关产品，在纤维素技术领域拥有较高的行业认可度。
NGVC vs RYAM — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.6M | $417.5M |
| 净利润 | $11.3M | $-21.1M |
| 毛利率 | 29.5% | 8.9% |
| 营业利润率 | 4.4% | 2.6% |
| 净利率 | 3.4% | -5.0% |
| 营收同比 | 1.6% | -1.2% |
| 净利润同比 | 14.0% | -31.9% |
| 每股收益（稀释后） | $0.49 | $-0.33 |
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
| Q4 25 | $335.6M | $417.5M | ||
| Q3 25 | $336.1M | $352.8M | ||
| Q2 25 | $328.7M | $340.0M | ||
| Q1 25 | $335.8M | $356.0M | ||
| Q4 24 | $330.2M | $422.5M | ||
| Q3 24 | $322.7M | $401.1M | ||
| Q2 24 | $309.1M | $419.0M | ||
| Q1 24 | $308.1M | $387.7M |
| Q4 25 | $11.3M | $-21.1M | ||
| Q3 25 | $11.8M | $-4.5M | ||
| Q2 25 | $11.6M | $-363.2M | ||
| Q1 25 | $13.1M | $-32.0M | ||
| Q4 24 | $9.9M | $-16.0M | ||
| Q3 24 | $9.0M | $-32.6M | ||
| Q2 24 | $9.2M | $11.4M | ||
| Q1 24 | $8.0M | $-1.6M |
| Q4 25 | 29.5% | 8.9% | ||
| Q3 25 | 29.5% | 9.7% | ||
| Q2 25 | 29.9% | 7.0% | ||
| Q1 25 | 30.3% | 6.8% | ||
| Q4 24 | 29.9% | 8.7% | ||
| Q3 24 | 29.6% | 10.9% | ||
| Q2 24 | 29.2% | 11.5% | ||
| Q1 24 | 29.3% | 9.5% |
| Q4 25 | 4.4% | 2.6% | ||
| Q3 25 | 4.6% | 2.8% | ||
| Q2 25 | 4.7% | -0.4% | ||
| Q1 25 | 5.2% | -4.2% | ||
| Q4 24 | 4.0% | 2.6% | ||
| Q3 24 | 3.7% | -4.2% | ||
| Q2 24 | 4.2% | 6.7% | ||
| Q1 24 | 3.7% | 4.4% |
| Q4 25 | 3.4% | -5.0% | ||
| Q3 25 | 3.5% | -1.3% | ||
| Q2 25 | 3.5% | -106.8% | ||
| Q1 25 | 3.9% | -9.0% | ||
| Q4 24 | 3.0% | -3.8% | ||
| Q3 24 | 2.8% | -8.1% | ||
| Q2 24 | 3.0% | 2.7% | ||
| Q1 24 | 2.6% | -0.4% |
| Q4 25 | $0.49 | $-0.33 | ||
| Q3 25 | $0.51 | $-0.07 | ||
| Q2 25 | $0.50 | $-5.44 | ||
| Q1 25 | $0.56 | $-0.49 | ||
| Q4 24 | $0.43 | $-0.25 | ||
| Q3 24 | $0.38 | $-0.49 | ||
| Q2 24 | $0.40 | $0.17 | ||
| Q1 24 | $0.35 | $-0.02 |
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 | $75.4M |
| 总债务越低越好 | — | $758.1M |
| 股东权益账面价值 | $220.0M | $316.6M |
| 总资产 | $668.6M | $1.8B |
| 负债/权益比越低杠杆越低 | — | 2.39× |
8季度趋势，按日历期对齐
| Q4 25 | $23.2M | $75.4M | ||
| Q3 25 | $17.1M | $77.0M | ||
| Q2 25 | $13.2M | $70.7M | ||
| Q1 25 | $21.2M | $129.9M | ||
| Q4 24 | $6.3M | $125.2M | ||
| Q3 24 | $8.9M | $136.1M | ||
| Q2 24 | $13.9M | $114.1M | ||
| Q1 24 | $11.0M | $54.6M |
| Q4 25 | — | $758.1M | ||
| Q3 25 | — | $763.5M | ||
| Q2 25 | — | $720.4M | ||
| Q1 25 | — | $707.0M | ||
| Q4 24 | — | $706.4M | ||
| Q3 24 | — | $747.7M | ||
| Q2 24 | — | $752.8M | ||
| Q1 24 | — | $755.6M |
| Q4 25 | $220.0M | $316.6M | ||
| Q3 25 | $212.4M | $338.2M | ||
| Q2 25 | $202.5M | $342.3M | ||
| Q1 25 | $193.0M | $688.1M | ||
| Q4 24 | $181.9M | $713.9M | ||
| Q3 24 | $174.3M | $732.7M | ||
| Q2 24 | $167.8M | $755.1M | ||
| Q1 24 | $160.0M | $741.8M |
| Q4 25 | $668.6M | $1.8B | ||
| Q3 25 | $670.5M | $1.8B | ||
| Q2 25 | $659.0M | $1.8B | ||
| Q1 25 | $664.6M | $2.1B | ||
| Q4 24 | $648.9M | $2.1B | ||
| Q3 24 | $655.5M | $2.2B | ||
| Q2 24 | $654.4M | $2.2B | ||
| Q1 24 | $656.6M | $2.1B |
| Q4 25 | — | 2.39× | ||
| Q3 25 | — | 2.26× | ||
| Q2 25 | — | 2.10× | ||
| Q1 25 | — | 1.03× | ||
| Q4 24 | — | 0.99× | ||
| Q3 24 | — | 1.02× | ||
| Q2 24 | — | 1.00× | ||
| Q1 24 | — | 1.02× |
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 | $32.3M |
| 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
| Q4 25 | $21.1M | $32.3M | ||
| Q3 25 | $15.6M | $-17.8M | ||
| Q2 25 | $2.9M | $-30.2M | ||
| Q1 25 | $34.1M | $39.6M | ||
| Q4 24 | $2.7M | $54.9M | ||
| Q3 24 | $24.5M | $49.8M | ||
| Q2 24 | $12.4M | $87.6M | ||
| Q1 24 | $20.2M | $11.3M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | 1.86× | — | ||
| Q3 25 | 1.32× | — | ||
| Q2 25 | 0.25× | — | ||
| Q1 25 | 2.60× | — | ||
| Q4 24 | 0.27× | — | ||
| Q3 24 | 2.72× | — | ||
| Q2 24 | 1.35× | 7.69× | ||
| 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% |
RYAM
| Cellulose Specialties | $249.6M | 60% |
| Other | $86.2M | 21% |
| Paperboard | $44.2M | 11% |
| High Yield Pulp | $28.3M | 7% |
| Biomaterials | $9.2M | 2% |
