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Natural Grocers by Vitamin Cottage, Inc.（NGVC）与SLM Corp（SLM）财务数据对比。点击上方公司名可切换其他公司
SLM Corp的季度营收约是Natural Grocers by Vitamin Cottage, Inc.的1.7倍（$560.0M vs $335.6M），SLM Corp净利率更高（55.0% vs 3.4%，领先51.6%），过去两年SLM Corp的营收复合增速更高（22.7% 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。
尼康旗下SLM Solutions AG总部位于德国吕贝克，是金属3D打印机领域的上市生产商，共同拥有SLM文字商标，集团股份自2014年5月9日起在法兰克福证券交易所高级市场板块挂牌交易。
NGVC vs SLM — 直观对比
营收规模更大
SLM
是对方的1.7倍
$335.6M
净利率更高
SLM
高出51.6%
3.4%
两年增速更快
SLM
近两年复合增速
4.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $335.6M | $560.0M |
| 净利润 | $11.3M | $308.0M |
| 毛利率 | 29.5% | — |
| 营业利润率 | 4.4% | — |
| 净利率 | 3.4% | 55.0% |
| 营收同比 | 1.6% | — |
| 净利润同比 | 14.0% | 1.0% |
| 每股收益（稀释后） | $0.49 | $1.54 |
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NGVCSLM
| Q1 26 | — | $560.0M | ||
| Q4 25 | $335.6M | $377.1M | ||
| Q3 25 | $336.1M | $373.0M | ||
| Q2 25 | $328.7M | $376.8M | ||
| Q1 25 | $335.8M | $375.0M | ||
| Q4 24 | $330.2M | $362.2M | ||
| Q3 24 | $322.7M | $359.4M | ||
| Q2 24 | $309.1M | $372.2M |
净利润NGVCSLM
| Q1 26 | — | $308.0M | ||
| Q4 25 | $11.3M | $233.2M | ||
| Q3 25 | $11.8M | $135.8M | ||
| Q2 25 | $11.6M | $71.3M | ||
| Q1 25 | $13.1M | $304.5M | ||
| Q4 24 | $9.9M | $111.6M | ||
| Q3 24 | $9.0M | $-45.2M | ||
| Q2 24 | $9.2M | $252.0M |
毛利率NGVCSLM
| Q1 26 | — | — | ||
| 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% | — |
营业利润率NGVCSLM
| Q1 26 | — | — | ||
| Q4 25 | 4.4% | 83.8% | ||
| Q3 25 | 4.6% | 49.8% | ||
| Q2 25 | 4.7% | 23.3% | ||
| Q1 25 | 5.2% | — | ||
| Q4 24 | 4.0% | 36.5% | ||
| Q3 24 | 3.7% | -16.6% | ||
| Q2 24 | 4.2% | 91.0% |
净利率NGVCSLM
| Q1 26 | — | 55.0% | ||
| Q4 25 | 3.4% | 61.8% | ||
| Q3 25 | 3.5% | 36.4% | ||
| Q2 25 | 3.5% | 18.9% | ||
| Q1 25 | 3.9% | 81.2% | ||
| Q4 24 | 3.0% | 30.8% | ||
| Q3 24 | 2.8% | -12.6% | ||
| Q2 24 | 3.0% | 67.7% |
每股收益（稀释后）NGVCSLM
| Q1 26 | — | $1.54 | ||
| Q4 25 | $0.49 | $1.11 | ||
| Q3 25 | $0.51 | $0.63 | ||
| Q2 25 | $0.50 | $0.32 | ||
| Q1 25 | $0.56 | $1.40 | ||
| Q4 24 | $0.43 | $0.53 | ||
| Q3 24 | $0.38 | $-0.23 | ||
| Q2 24 | $0.40 | $1.11 |
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 | $5.2B |
| 总债务越低越好 | — | $6.2B |
| 股东权益账面价值 | $220.0M | $2.4B |
| 总资产 | $668.6M | $29.4B |
| 负债/权益比越低杠杆越低 | — | 2.53× |
8季度趋势，按日历期对齐
现金及短期投资NGVCSLM
| Q1 26 | — | $5.2B | ||
| Q4 25 | $23.2M | $4.2B | ||
| Q3 25 | $17.1M | $3.5B | ||
| Q2 25 | $13.2M | $4.1B | ||
| Q1 25 | $21.2M | $3.7B | ||
| Q4 24 | $6.3M | $4.7B | ||
| Q3 24 | $8.9M | $4.5B | ||
| Q2 24 | $13.9M | $5.3B |
总债务NGVCSLM
| Q1 26 | — | $6.2B | ||
| Q4 25 | — | $5.4B | ||
| Q3 25 | — | $6.8B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.1B | ||
| Q4 24 | — | $6.4B | ||
| Q3 24 | — | $6.0B | ||
| Q2 24 | — | $5.4B |
股东权益NGVCSLM
| Q1 26 | — | $2.4B | ||
| Q4 25 | $220.0M | $2.5B | ||
| Q3 25 | $212.4M | $2.3B | ||
| Q2 25 | $202.5M | $2.4B | ||
| Q1 25 | $193.0M | $2.4B | ||
| Q4 24 | $181.9M | $2.2B | ||
| Q3 24 | $174.3M | $2.1B | ||
| Q2 24 | $167.8M | $2.3B |
总资产NGVCSLM
| Q1 26 | — | $29.4B | ||
| Q4 25 | $668.6M | $29.7B | ||
| Q3 25 | $670.5M | $29.6B | ||
| Q2 25 | $659.0M | $29.6B | ||
| Q1 25 | $664.6M | $28.9B | ||
| Q4 24 | $648.9M | $30.1B | ||
| Q3 24 | $655.5M | $30.0B | ||
| Q2 24 | $654.4M | $28.8B |
负债/权益比NGVCSLM
| Q1 26 | — | 2.53× | ||
| Q4 25 | — | 2.19× | ||
| Q3 25 | — | 2.92× | ||
| Q2 25 | — | 2.70× | ||
| Q1 25 | — | 2.56× | ||
| Q4 24 | — | 2.98× | ||
| Q3 24 | — | 2.83× | ||
| Q2 24 | — | 2.37× |
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NGVCSLM
| Q1 26 | — | — | ||
| Q4 25 | $21.1M | $-64.5M | ||
| Q3 25 | $15.6M | $-49.3M | ||
| Q2 25 | $2.9M | $-138.7M | ||
| Q1 25 | $34.1M | $-146.1M | ||
| Q4 24 | $2.7M | $4.5M | ||
| Q3 24 | $24.5M | $-113.4M | ||
| Q2 24 | $12.4M | $-143.8M |
自由现金流NGVCSLM
| Q1 26 | — | — | ||
| 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 | — |
自由现金流率NGVCSLM
| Q1 26 | — | — | ||
| 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% | — |
资本支出强度NGVCSLM
| Q1 26 | — | — | ||
| 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% | — |
现金转化率NGVCSLM
| Q1 26 | — | — | ||
| Q4 25 | 1.86× | -0.28× | ||
| Q3 25 | 1.32× | -0.36× | ||
| Q2 25 | 0.25× | -1.95× | ||
| Q1 25 | 2.60× | -0.48× | ||
| Q4 24 | 0.27× | 0.04× | ||
| Q3 24 | 2.72× | — | ||
| Q2 24 | 1.35× | -0.57× |
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% |
SLM
| Net Interest Income | $375.0M | 67% |
| Noninterest Income | $185.0M | 33% |
