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Natural Grocers by Vitamin Cottage, Inc.（NGVC）与RAYONIER INC（RYN）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RAYONIER INC的1.2倍（$335.6M vs $276.8M），Natural Grocers by Vitamin Cottage, Inc.净利率更高（3.4% vs -4.5%，领先7.9%），RAYONIER INC同比增速更快（233.9% vs 1.6%），过去两年RAYONIER INC的营收复合增速更高（66.7% 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。
Rayonier Inc.是总部位于佛罗里达州怀尔德莱特的林地房地产投资信托（REIT），资产分布在美国和新西兰的软木种植区域，核心业务板块为木材业务与房地产业务。
NGVC vs RYN — 直观对比
营收规模更大
NGVC
是对方的1.2倍
$276.8M
营收增速更快
RYN
高出232.3%
1.6%
净利率更高
NGVC
高出7.9%
-4.5%
两年增速更快
RYN
近两年复合增速
4.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $335.6M | $276.8M |
| 净利润 | $11.3M | $-12.4M |
| 毛利率 | 29.5% | 100.0% |
| 营业利润率 | 4.4% | — |
| 净利率 | 3.4% | -4.5% |
| 营收同比 | 1.6% | 233.9% |
| 净利润同比 | 14.0% | -264.7% |
| 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NGVCRYN
| Q1 26 | — | $276.8M | ||
| Q4 25 | $335.6M | $117.5M | ||
| Q3 25 | $336.1M | $177.5M | ||
| Q2 25 | $328.7M | $106.5M | ||
| Q1 25 | $335.8M | $82.9M | ||
| Q4 24 | $330.2M | $650.5M | ||
| Q3 24 | $322.7M | $124.1M | ||
| Q2 24 | $309.1M | $99.6M |
净利润NGVCRYN
| Q1 26 | — | $-12.4M | ||
| Q4 25 | $11.3M | $25.9M | ||
| Q3 25 | $11.8M | $43.2M | ||
| Q2 25 | $11.6M | $408.7M | ||
| Q1 25 | $13.1M | $-3.4M | ||
| Q4 24 | $9.9M | $327.1M | ||
| Q3 24 | $9.0M | $28.8M | ||
| Q2 24 | $9.2M | $1.9M |
毛利率NGVCRYN
| Q1 26 | — | 100.0% | ||
| Q4 25 | 29.5% | 41.9% | ||
| Q3 25 | 29.5% | 32.9% | ||
| Q2 25 | 29.9% | 29.7% | ||
| Q1 25 | 30.3% | 21.7% | ||
| Q4 24 | 29.9% | 53.8% | ||
| Q3 24 | 29.6% | 30.4% | ||
| Q2 24 | 29.2% | 25.4% |
营业利润率NGVCRYN
| Q1 26 | — | — | ||
| Q4 25 | 4.4% | 23.0% | ||
| Q3 25 | 4.6% | 23.5% | ||
| Q2 25 | 4.7% | 13.7% | ||
| Q1 25 | 5.2% | 0.1% | ||
| Q4 24 | 4.0% | 47.7% | ||
| Q3 24 | 3.7% | 15.2% | ||
| Q2 24 | 4.2% | 4.6% |
净利率NGVCRYN
| Q1 26 | — | -4.5% | ||
| Q4 25 | 3.4% | 22.1% | ||
| Q3 25 | 3.5% | 24.3% | ||
| Q2 25 | 3.5% | 383.6% | ||
| Q1 25 | 3.9% | -4.1% | ||
| Q4 24 | 3.0% | 45.1% | ||
| Q3 24 | 2.8% | 23.2% | ||
| Q2 24 | 3.0% | 1.9% |
每股收益（稀释后）NGVCRYN
| Q1 26 | — | — | ||
| Q4 25 | $0.49 | $0.14 | ||
| Q3 25 | $0.51 | $0.28 | ||
| Q2 25 | $0.50 | $2.63 | ||
| Q1 25 | $0.56 | $-0.02 | ||
| Q4 24 | $0.43 | $2.18 | ||
| Q3 24 | $0.38 | $0.19 | ||
| Q2 24 | $0.40 | $0.01 |
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 | $681.7M |
| 总债务越低越好 | — | $2.1B |
| 股东权益账面价值 | $220.0M | $5.3B |
| 总资产 | $668.6M | $7.7B |
| 负债/权益比越低杠杆越低 | — | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资NGVCRYN
| Q1 26 | — | $681.7M | ||
| Q4 25 | $23.2M | $842.9M | ||
| Q3 25 | $17.1M | $919.6M | ||
| Q2 25 | $13.2M | $892.3M | ||
| Q1 25 | $21.2M | $216.2M | ||
| Q4 24 | $6.3M | $303.1M | ||
| Q3 24 | $8.9M | $51.9M | ||
| Q2 24 | $13.9M | $120.2M |
总债务NGVCRYN
| Q1 26 | — | $2.1B | ||
| Q4 25 | — | $845.3M | ||
| Q3 25 | — | $845.1M | ||
| Q2 25 | — | $844.9M | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.4B |
股东权益NGVCRYN
| Q1 26 | — | $5.3B | ||
| Q4 25 | $220.0M | $2.2B | ||
| Q3 25 | $212.4M | $2.3B | ||
| Q2 25 | $202.5M | $2.3B | ||
| Q1 25 | $193.0M | $1.9B | ||
| Q4 24 | $181.9M | $1.8B | ||
| Q3 24 | $174.3M | $1.8B | ||
| Q2 24 | $167.8M | $1.8B |
总资产NGVCRYN
| Q1 26 | — | $7.7B | ||
| Q4 25 | $668.6M | $3.4B | ||
| Q3 25 | $670.5M | $3.5B | ||
| Q2 25 | $659.0M | $3.5B | ||
| Q1 25 | $664.6M | $3.4B | ||
| Q4 24 | $648.9M | $3.5B | ||
| Q3 24 | $655.5M | $3.5B | ||
| Q2 24 | $654.4M | $3.5B |
负债/权益比NGVCRYN
| Q1 26 | — | 0.39× | ||
| Q4 25 | — | 0.38× | ||
| Q3 25 | — | 0.37× | ||
| Q2 25 | — | 0.37× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.59× | ||
| Q3 24 | — | 0.72× | ||
| Q2 24 | — | 0.75× |
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% | 7.4% |
| 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NGVCRYN
| Q1 26 | — | — | ||
| Q4 25 | $21.1M | $256.7M | ||
| Q3 25 | $15.6M | $116.2M | ||
| Q2 25 | $2.9M | $61.0M | ||
| Q1 25 | $34.1M | $27.7M | ||
| Q4 24 | $2.7M | $261.6M | ||
| Q3 24 | $24.5M | $66.2M | ||
| Q2 24 | $12.4M | $55.3M |
自由现金流NGVCRYN
| Q1 26 | — | — | ||
| Q4 25 | $11.6M | — | ||
| Q3 25 | $7.5M | $99.9M | ||
| Q2 25 | $-4.2M | — | ||
| Q1 25 | $27.6M | — | ||
| Q4 24 | $-6.9M | — | ||
| Q3 24 | $18.0M | $42.2M | ||
| Q2 24 | $3.6M | — |
自由现金流率NGVCRYN
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | — | ||
| Q3 25 | 2.2% | 56.3% | ||
| Q2 25 | -1.3% | — | ||
| Q1 25 | 8.2% | — | ||
| Q4 24 | -2.1% | — | ||
| Q3 24 | 5.6% | 34.0% | ||
| Q2 24 | 1.2% | — |
资本支出强度NGVCRYN
| Q1 26 | — | 7.4% | ||
| Q4 25 | 2.9% | — | ||
| Q3 25 | 2.4% | 9.2% | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 2.0% | 19.3% | ||
| Q2 24 | 2.9% | — |
现金转化率NGVCRYN
| Q1 26 | — | — | ||
| Q4 25 | 1.86× | 9.91× | ||
| Q3 25 | 1.32× | 2.69× | ||
| Q2 25 | 0.25× | 0.15× | ||
| Q1 25 | 2.60× | — | ||
| Q4 24 | 0.27× | 0.80× | ||
| Q3 24 | 2.72× | 2.30× | ||
| Q2 24 | 1.35× | 29.07× |
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% |
RYN
| Wood Products | $108.5M | 39% |
| Southern Timber | $88.7M | 32% |
| Real Estate | $59.8M | 22% |
| Northwest Timber | $32.1M | 12% |
