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Natural Grocers by Vitamin Cottage, Inc.（NGVC）与USA Compression Partners, LP（USAC）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USA Compression Partners, LP的1.3倍（$335.6M vs $252.5M），USA Compression Partners, LP净利率更高（11.0% vs 3.4%，领先7.6%），USA Compression Partners, LP同比增速更快（2.7% vs 1.6%），USA Compression Partners, LP自由现金流更多（$87.7M vs $11.6M），过去两年USA Compression Partners, LP的营收复合增速更高（4.9% 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。
USA Compression Partners, LP是一家总部位于美国的天然气压缩服务供应商，服务覆盖油气行业上游、中游及下游领域，提供定制化压缩系统、设备维护与运营支持，助力天然气生产、加工和运输环节高效运转。
NGVC vs USAC — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.6M | $252.5M |
| 净利润 | $11.3M | $27.8M |
| 毛利率 | 29.5% | — |
| 营业利润率 | 4.4% | 30.3% |
| 净利率 | 3.4% | 11.0% |
| 营收同比 | 1.6% | 2.7% |
| 净利润同比 | 14.0% | 9.1% |
| 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
| Q4 25 | $335.6M | $252.5M | ||
| Q3 25 | $336.1M | $250.3M | ||
| Q2 25 | $328.7M | $250.1M | ||
| Q1 25 | $335.8M | $245.2M | ||
| Q4 24 | $330.2M | $245.9M | ||
| Q3 24 | $322.7M | $240.0M | ||
| Q2 24 | $309.1M | $235.3M | ||
| Q1 24 | $308.1M | $229.3M |
| Q4 25 | $11.3M | $27.8M | ||
| Q3 25 | $11.8M | $34.5M | ||
| Q2 25 | $11.6M | $28.6M | ||
| Q1 25 | $13.1M | $20.5M | ||
| Q4 24 | $9.9M | $25.4M | ||
| Q3 24 | $9.0M | $19.3M | ||
| Q2 24 | $9.2M | $31.2M | ||
| Q1 24 | $8.0M | $23.6M |
| 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% | — |
| Q4 25 | 4.4% | 30.3% | ||
| Q3 25 | 4.6% | 33.5% | ||
| Q2 25 | 4.7% | 30.6% | ||
| Q1 25 | 5.2% | 28.3% | ||
| Q4 24 | 4.0% | 30.3% | ||
| Q3 24 | 3.7% | 31.5% | ||
| Q2 24 | 4.2% | 32.9% | ||
| Q1 24 | 3.7% | 29.2% |
| Q4 25 | 3.4% | 11.0% | ||
| Q3 25 | 3.5% | 13.8% | ||
| Q2 25 | 3.5% | 11.4% | ||
| Q1 25 | 3.9% | 8.4% | ||
| Q4 24 | 3.0% | 10.3% | ||
| Q3 24 | 2.8% | 8.1% | ||
| Q2 24 | 3.0% | 13.3% | ||
| Q1 24 | 2.6% | 10.3% |
| 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 | $8.6M |
| 总债务越低越好 | — | $2.5B |
| 股东权益账面价值 | $220.0M | — |
| 总资产 | $668.6M | $2.6B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $23.2M | $8.6M | ||
| Q3 25 | $17.1M | — | ||
| Q2 25 | $13.2M | $2.0K | ||
| Q1 25 | $21.2M | $2.0K | ||
| Q4 24 | $6.3M | $14.0K | ||
| Q3 24 | $8.9M | $79.0K | ||
| Q2 24 | $13.9M | $9.0K | ||
| Q1 24 | $11.0M | $8.0K |
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | — | $2.5B | ||
| Q1 24 | — | $2.5B |
| Q4 25 | $220.0M | — | ||
| Q3 25 | $212.4M | — | ||
| Q2 25 | $202.5M | — | ||
| Q1 25 | $193.0M | — | ||
| Q4 24 | $181.9M | — | ||
| Q3 24 | $174.3M | — | ||
| Q2 24 | $167.8M | — | ||
| Q1 24 | $160.0M | — |
| Q4 25 | $668.6M | $2.6B | ||
| Q3 25 | $670.5M | $2.7B | ||
| Q2 25 | $659.0M | $2.7B | ||
| Q1 25 | $664.6M | $2.7B | ||
| Q4 24 | $648.9M | $2.7B | ||
| Q3 24 | $655.5M | $2.8B | ||
| Q2 24 | $654.4M | $2.8B | ||
| Q1 24 | $656.6M | $2.8B |
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 | $139.5M |
| 自由现金流经营现金流 - 资本支出 | $11.6M | $87.7M |
| 自由现金流率自由现金流/营收 | 3.4% | 34.8% |
| 资本支出强度资本支出/营收 | 2.9% | 20.5% |
| 现金转化率经营现金流/净利润 | 1.86× | 5.02× |
| 过去12个月自由现金流最近4个季度 | $42.6M | $277.0M |
8季度趋势，按日历期对齐
| Q4 25 | $21.1M | $139.5M | ||
| Q3 25 | $15.6M | $75.9M | ||
| Q2 25 | $2.9M | $124.2M | ||
| Q1 25 | $34.1M | $54.7M | ||
| Q4 24 | $2.7M | $130.2M | ||
| Q3 24 | $24.5M | $48.5M | ||
| Q2 24 | $12.4M | $96.7M | ||
| Q1 24 | $20.2M | $65.9M |
| Q4 25 | $11.6M | $87.7M | ||
| Q3 25 | $7.5M | $51.9M | ||
| Q2 25 | $-4.2M | $101.1M | ||
| Q1 25 | $27.6M | $36.3M | ||
| Q4 24 | $-6.9M | $101.2M | ||
| Q3 24 | $18.0M | $19.8M | ||
| Q2 24 | $3.6M | $48.2M | ||
| Q1 24 | $9.8M | $-32.7M |
| Q4 25 | 3.4% | 34.8% | ||
| Q3 25 | 2.2% | 20.7% | ||
| Q2 25 | -1.3% | 40.4% | ||
| Q1 25 | 8.2% | 14.8% | ||
| Q4 24 | -2.1% | 41.1% | ||
| Q3 24 | 5.6% | 8.2% | ||
| Q2 24 | 1.2% | 20.5% | ||
| Q1 24 | 3.2% | -14.3% |
| Q4 25 | 2.9% | 20.5% | ||
| Q3 25 | 2.4% | 9.6% | ||
| Q2 25 | 2.2% | 9.3% | ||
| Q1 25 | 1.9% | 7.5% | ||
| Q4 24 | 2.9% | 11.8% | ||
| Q3 24 | 2.0% | 12.0% | ||
| Q2 24 | 2.9% | 20.6% | ||
| Q1 24 | 3.4% | 43.0% |
| Q4 25 | 1.86× | 5.02× | ||
| Q3 25 | 1.32× | 2.20× | ||
| Q2 25 | 0.25× | 4.35× | ||
| Q1 25 | 2.60× | 2.66× | ||
| Q4 24 | 0.27× | 5.12× | ||
| Q3 24 | 2.72× | 2.51× | ||
| Q2 24 | 1.35× | 3.10× | ||
| Q1 24 | 2.54× | 2.80× |
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% |
USAC
| Revenue From Contract Operations Excluding Revenue From Related Party | $231.7M | 92% |
| Entities Affiliated With Energy Transfer LP | $16.6M | 7% |
| Transferred At Point In Time | $5.4M | 2% |
