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Oatly Group AB（OTLY）与Vital Farms, Inc.（VITL）财务数据对比。点击上方公司名可切换其他公司
Oatly Group AB的季度营收约是Vital Farms, Inc.的2.1倍（$456.6M vs $213.6M）。Vital Farms, Inc.净利率更高（7.6% vs -18.5%，领先26.2%）。Vital Farms, Inc.同比增速更快（28.7% vs 8.1%）。Oatly Group AB自由现金流更多（$-11.3M vs $-32.1M）
Oatly Group AB是源自瑞典的食品企业，90年代依托隆德大学的研究成果创立，总部设于马尔默，在兰斯克鲁纳拥有研发与生产中心。该公司主打燕麦基乳制品替代产品，其中燕麦乳最为知名，目前在美国证券市场公开上市。
维塔托摩西乳业有限公司是一家位于乌干达的乳制品加工企业，由聚焦撒哈拉以南非洲的影响力投资基金维塔资本基金，与乌干达本土乳制品生产商托摩西奶牛场共同出资成立。
OTLY vs VITL — 直观对比
营收规模更大
OTLY
是对方的2.1倍
$213.6M
营收增速更快
VITL
高出20.5%
8.1%
净利率更高
VITL
高出26.2%
-18.5%
自由现金流更多
OTLY
多$20.8M
$-32.1M
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $456.6M | $213.6M |
| 净利润 | $-84.6M | $16.3M |
| 毛利率 | 32.2% | 35.8% |
| 营业利润率 | -5.9% | 10.0% |
| 净利率 | -18.5% | 7.6% |
| 营收同比 | 8.1% | 28.7% |
| 净利润同比 | 32.8% | 54.3% |
| 每股收益（稀释后） | $-0.14 | $0.35 |
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OTLYVITL
| Q4 25 | $456.6M | $213.6M | ||
| Q3 25 | — | $198.9M | ||
| Q2 25 | $208.4M | $184.8M | ||
| Q1 25 | — | $162.2M | ||
| Q4 24 | $422.3M | $166.0M | ||
| Q3 24 | — | $145.0M | ||
| Q2 24 | $202.2M | $147.4M | ||
| Q1 24 | — | $147.9M |
净利润OTLYVITL
| Q4 25 | $-84.6M | $16.3M | ||
| Q3 25 | — | $16.4M | ||
| Q2 25 | $-55.9M | $16.6M | ||
| Q1 25 | — | $16.9M | ||
| Q4 24 | $-126.0M | $10.6M | ||
| Q3 24 | — | $7.4M | ||
| Q2 24 | $-30.4M | $16.3M | ||
| Q1 24 | — | $19.0M |
毛利率OTLYVITL
| Q4 25 | 32.2% | 35.8% | ||
| Q3 25 | — | 37.7% | ||
| Q2 25 | 32.5% | 38.9% | ||
| Q1 25 | — | 38.5% | ||
| Q4 24 | 29.3% | 36.1% | ||
| Q3 24 | — | 36.9% | ||
| Q2 24 | 29.2% | 39.1% | ||
| Q1 24 | — | 39.8% |
营业利润率OTLYVITL
| Q4 25 | -5.9% | 10.0% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | -10.6% | 12.9% | ||
| Q1 25 | — | 13.4% | ||
| Q4 24 | -28.1% | 7.8% | ||
| Q3 24 | — | 6.4% | ||
| Q2 24 | -19.3% | 11.6% | ||
| Q1 24 | — | 16.3% |
净利率OTLYVITL
| Q4 25 | -18.5% | 7.6% | ||
| Q3 25 | — | 8.3% | ||
| Q2 25 | -26.9% | 9.0% | ||
| Q1 25 | — | 10.4% | ||
| Q4 24 | -29.8% | 6.4% | ||
| Q3 24 | — | 5.1% | ||
| Q2 24 | -15.1% | 11.1% | ||
| Q1 24 | — | 12.9% |
每股收益（稀释后）OTLYVITL
| Q4 25 | $-0.14 | $0.35 | ||
| Q3 25 | — | $0.36 | ||
| Q2 25 | $-0.09 | $0.36 | ||
| Q1 25 | — | $0.37 | ||
| Q4 24 | $-0.21 | $0.23 | ||
| Q3 24 | — | $0.16 | ||
| Q2 24 | $-0.05 | $0.36 | ||
| Q1 24 | — | $0.43 |
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 | $64.3M | $48.8M |
| 总债务越低越好 | $523.0M | — |
| 股东权益账面价值 | $19.7M | $351.3M |
| 总资产 | $787.2M | $518.7M |
| 负债/权益比越低杠杆越低 | 26.59× | — |
8季度趋势，按日历期对齐
现金及短期投资OTLYVITL
| Q4 25 | $64.3M | $48.8M | ||
| Q3 25 | — | $93.8M | ||
| Q2 25 | $67.9M | $108.2M | ||
| Q1 25 | — | $156.3M | ||
| Q4 24 | $98.9M | $150.6M | ||
| Q3 24 | — | $149.5M | ||
| Q2 24 | $142.7M | $133.2M | ||
| Q1 24 | — | $113.8M |
总债务OTLYVITL
| Q4 25 | $523.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $120.6M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $446.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益OTLYVITL
| Q4 25 | $19.7M | $351.3M | ||
| Q3 25 | — | $331.2M | ||
| Q2 25 | $96.7M | $309.8M | ||
| Q1 25 | — | $288.9M | ||
| Q4 24 | $106.1M | $269.3M | ||
| Q3 24 | — | $253.4M | ||
| Q2 24 | $245.8M | $238.4M | ||
| Q1 24 | — | $213.3M |
总资产OTLYVITL
| Q4 25 | $787.2M | $518.7M | ||
| Q3 25 | — | $481.5M | ||
| Q2 25 | $803.1M | $430.8M | ||
| Q1 25 | — | $376.9M | ||
| Q4 24 | $804.0M | $359.3M | ||
| Q3 24 | — | $344.7M | ||
| Q2 24 | — | $320.5M | ||
| Q1 24 | — | $300.2M |
负债/权益比OTLYVITL
| Q4 25 | 26.59× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.25× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.21× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-8.7M | $5.8M |
| 自由现金流经营现金流 - 资本支出 | $-11.3M | $-32.1M |
| 自由现金流率自由现金流/营收 | -2.5% | -15.1% |
| 资本支出强度资本支出/营收 | 0.6% | 17.8% |
| 现金转化率经营现金流/净利润 | — | 0.35× |
| 过去12个月自由现金流最近4个季度 | $-189.7M | $-48.2M |
8季度趋势，按日历期对齐
经营现金流OTLYVITL
| Q4 25 | $-8.7M | $5.8M | ||
| Q3 25 | — | $23.4M | ||
| Q2 25 | $-15.0M | $-761.0K | ||
| Q1 25 | — | $5.3M | ||
| Q4 24 | $-28.4M | $14.8M | ||
| Q3 24 | — | $10.0M | ||
| Q2 24 | $-86.0M | $16.1M | ||
| Q1 24 | — | $23.9M |
自由现金流OTLYVITL
| Q4 25 | $-11.3M | $-32.1M | ||
| Q3 25 | — | $-10.6M | ||
| Q2 25 | $-24.8M | $-7.6M | ||
| Q1 25 | — | $2.1M | ||
| Q4 24 | $-47.9M | $-3.4M | ||
| Q3 24 | — | $6.4M | ||
| Q2 24 | $-105.7M | $10.5M | ||
| Q1 24 | — | $22.6M |
自由现金流率OTLYVITL
| Q4 25 | -2.5% | -15.1% | ||
| Q3 25 | — | -5.3% | ||
| Q2 25 | -11.9% | -4.1% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | -11.3% | -2.0% | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | -52.3% | 7.2% | ||
| Q1 24 | — | 15.3% |
资本支出强度OTLYVITL
| Q4 25 | 0.6% | 17.8% | ||
| Q3 25 | — | 17.1% | ||
| Q2 25 | 4.7% | 3.7% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | 4.6% | 10.9% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | 9.7% | 3.8% | ||
| Q1 24 | — | 0.9% |
现金转化率OTLYVITL
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 1.43× | ||
| Q2 25 | — | -0.05× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 1.34× | ||
| Q2 24 | — | 0.99× | ||
| Q1 24 | — | 1.26× |
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
OTLY
暂无分部数据
VITL
| Eggs And Egg Related Products | $205.8M | 96% |
| Butter And Butter Related Products | $7.7M | 4% |
