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帕卡（PCAR）与PILGRIMS PRIDE CORP（PPC）财务数据对比。点击上方公司名可切换其他公司
帕卡的季度营收约是PILGRIMS PRIDE CORP的1.5倍（$6.8B vs $4.5B），帕卡净利率更高（8.2% vs 1.9%，领先6.2%），PILGRIMS PRIDE CORP同比增速更快（3.3% vs -13.7%），帕卡自由现金流更多（$954.4M vs $10.0M），过去两年PILGRIMS PRIDE CORP的营收复合增速更高（1.8% vs -11.7%）
帕卡是美国知名重型卡车制造企业，总部位于华盛顿州贝尔维尤，旗下拥有肯沃斯、彼得比尔特、DAF卡车三大核心子品牌，同时布局金融服务、工业零部件供应业务，在全球商用车领域占据重要市场地位。
Pilgrim's Pride是美国跨国食品企业，为美国及波多黎各最大的鸡肉生产商之一，同时是墨西哥第二大鸡肉生产商。公司2009年12月脱离破产状态，2011年将美国总部迁至科罗拉多州格里利，由JBS集团控股，2016年11月底以3.5亿美元收购Gold'n Plump。
PCAR vs PPC — 直观对比
营收规模更大
PCAR
是对方的1.5倍
$4.5B
营收增速更快
PPC
高出17.1%
-13.7%
净利率更高
PCAR
高出6.2%
1.9%
自由现金流更多
PCAR
多$944.4M
$10.0M
两年增速更快
PPC
近两年复合增速
-11.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.8B | $4.5B |
| 净利润 | $556.9M | $88.0M |
| 毛利率 | 19.3% | 9.5% |
| 营业利润率 | 10.3% | 4.5% |
| 净利率 | 8.2% | 1.9% |
| 营收同比 | -13.7% | 3.3% |
| 净利润同比 | -36.1% | -62.7% |
| 每股收益（稀释后） | $1.06 | $0.37 |
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PCARPPC
| Q4 25 | $6.8B | $4.5B | ||
| Q3 25 | $6.7B | $4.8B | ||
| Q2 25 | $7.5B | $4.8B | ||
| Q1 25 | $7.4B | $4.5B | ||
| Q4 24 | $7.9B | $4.4B | ||
| Q3 24 | $8.2B | $4.6B | ||
| Q2 24 | $8.8B | $4.6B | ||
| Q1 24 | $8.7B | $4.4B |
净利润PCARPPC
| Q4 25 | $556.9M | $88.0M | ||
| Q3 25 | $590.0M | $342.8M | ||
| Q2 25 | $723.8M | $355.5M | ||
| Q1 25 | $505.1M | $296.0M | ||
| Q4 24 | $872.0M | $235.9M | ||
| Q3 24 | $972.1M | $349.9M | ||
| Q2 24 | $1.1B | $326.3M | ||
| Q1 24 | $1.2B | $174.4M |
毛利率PCARPPC
| Q4 25 | 19.3% | 9.5% | ||
| Q3 25 | 19.9% | 13.9% | ||
| Q2 25 | 20.2% | 15.0% | ||
| Q1 25 | 20.8% | 12.4% | ||
| Q4 24 | 21.6% | 12.7% | ||
| Q3 24 | 22.0% | 14.9% | ||
| Q2 24 | 22.8% | 15.2% | ||
| Q1 24 | 23.7% | 8.8% |
营业利润率PCARPPC
| Q4 25 | 10.3% | 4.5% | ||
| Q3 25 | 11.1% | 10.4% | ||
| Q2 25 | 12.4% | 10.8% | ||
| Q1 25 | 8.6% | 9.1% | ||
| Q4 24 | 14.5% | 7.0% | ||
| Q3 24 | 15.2% | 11.1% | ||
| Q2 24 | 16.7% | 9.7% | ||
| Q1 24 | 17.5% | 5.7% |
净利率PCARPPC
| Q4 25 | 8.2% | 1.9% | ||
| Q3 25 | 8.8% | 7.2% | ||
| Q2 25 | 9.6% | 7.5% | ||
| Q1 25 | 6.8% | 6.6% | ||
| Q4 24 | 11.0% | 5.4% | ||
| Q3 24 | 11.8% | 7.6% | ||
| Q2 24 | 12.8% | 7.2% | ||
| Q1 24 | 13.7% | 4.0% |
每股收益（稀释后）PCARPPC
| Q4 25 | $1.06 | $0.37 | ||
| Q3 25 | $1.12 | $1.44 | ||
| Q2 25 | $1.37 | $1.49 | ||
| Q1 25 | $0.96 | $1.24 | ||
| Q4 24 | $1.65 | $1.00 | ||
| Q3 24 | $1.85 | $1.47 | ||
| Q2 24 | $2.13 | $1.37 | ||
| Q1 24 | $2.27 | $0.73 |
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 | — | $640.2M |
| 总债务越低越好 | — | $3.1B |
| 股东权益账面价值 | $19.3B | $3.7B |
| 总资产 | $44.3B | $10.3B |
| 负债/权益比越低杠杆越低 | — | 0.84× |
8季度趋势，按日历期对齐
现金及短期投资PCARPPC
| Q4 25 | — | $640.2M | ||
| Q3 25 | — | $612.6M | ||
| Q2 25 | — | $849.0M | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $870.8M |
总债务PCARPPC
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $3.2B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $3.3B |
股东权益PCARPPC
| Q4 25 | $19.3B | $3.7B | ||
| Q3 25 | $19.4B | $3.5B | ||
| Q2 25 | $18.9B | $3.7B | ||
| Q1 25 | $18.0B | $3.1B | ||
| Q4 24 | $17.5B | $4.2B | ||
| Q3 24 | $18.7B | $4.2B | ||
| Q2 24 | $17.7B | $3.7B | ||
| Q1 24 | $16.9B | $3.5B |
总资产PCARPPC
| Q4 25 | $44.3B | $10.3B | ||
| Q3 25 | $44.2B | $10.0B | ||
| Q2 25 | $44.1B | $10.1B | ||
| Q1 25 | $42.7B | $11.0B | ||
| Q4 24 | $43.4B | $10.7B | ||
| Q3 24 | $43.3B | $10.7B | ||
| Q2 24 | $41.2B | $10.1B | ||
| Q1 24 | $40.4B | $9.8B |
负债/权益比PCARPPC
| Q4 25 | — | 0.84× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.83× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | — | 0.76× | ||
| Q3 24 | — | 0.76× | ||
| Q2 24 | — | 0.85× | ||
| Q1 24 | — | 0.96× |
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 | $1.1B | $291.2M |
| 自由现金流经营现金流 - 资本支出 | $954.4M | $10.0M |
| 自由现金流率自由现金流/营收 | 14.0% | 0.2% |
| 资本支出强度资本支出/营收 | 2.8% | 6.2% |
| 现金转化率经营现金流/净利润 | 2.05× | 3.31× |
| 过去12个月自由现金流最近4个季度 | $3.7B | $653.1M |
8季度趋势，按日历期对齐
经营现金流PCARPPC
| Q4 25 | $1.1B | $291.2M | ||
| Q3 25 | $1.5B | $458.3M | ||
| Q2 25 | $833.4M | $495.2M | ||
| Q1 25 | $910.3M | $126.9M | ||
| Q4 24 | $1.4B | $349.3M | ||
| Q3 24 | $1.3B | $651.1M | ||
| Q2 24 | $440.0M | $718.6M | ||
| Q1 24 | $1.5B | $271.0M |
自由现金流PCARPPC
| Q4 25 | $954.4M | $10.0M | ||
| Q3 25 | $1.4B | $275.9M | ||
| Q2 25 | $611.3M | $339.1M | ||
| Q1 25 | $745.2M | $28.1M | ||
| Q4 24 | $1.2B | $176.6M | ||
| Q3 24 | $1.1B | $565.3M | ||
| Q2 24 | $219.7M | $617.7M | ||
| Q1 24 | $1.3B | $171.9M |
自由现金流率PCARPPC
| Q4 25 | 14.0% | 0.2% | ||
| Q3 25 | 20.4% | 5.8% | ||
| Q2 25 | 8.1% | 7.1% | ||
| Q1 25 | 10.0% | 0.6% | ||
| Q4 24 | 15.3% | 4.0% | ||
| Q3 24 | 13.3% | 12.3% | ||
| Q2 24 | 2.5% | 13.5% | ||
| Q1 24 | 14.6% | 3.9% |
资本支出强度PCARPPC
| Q4 25 | 2.8% | 6.2% | ||
| Q3 25 | 2.5% | 3.8% | ||
| Q2 25 | 3.0% | 3.3% | ||
| Q1 25 | 2.2% | 2.2% | ||
| Q4 24 | 3.0% | 4.0% | ||
| Q3 24 | 2.4% | 1.9% | ||
| Q2 24 | 2.5% | 2.2% | ||
| Q1 24 | 2.2% | 2.3% |
现金转化率PCARPPC
| Q4 25 | 2.05× | 3.31× | ||
| Q3 25 | 2.59× | 1.34× | ||
| Q2 25 | 1.15× | 1.39× | ||
| Q1 25 | 1.80× | 0.43× | ||
| Q4 24 | 1.66× | 1.48× | ||
| Q3 24 | 1.32× | 1.86× | ||
| Q2 24 | 0.39× | 2.20× | ||
| Q1 24 | 1.23× | 1.55× |
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
PCAR
| Truck Subsegment | $4.5B | 66% |
| Parts Subsegment | $1.7B | 25% |
| Other | $359.4M | 5% |
| Financial Services | $208.1M | 3% |
PPC
| Retail | $1.5B | 33% |
| Europe Reportable Segment | $1.4B | 31% |
| Food Service | $889.2M | 20% |
| Prepared Product | $332.8M | 7% |
| Product Export | $122.7M | 3% |
| Other Sales Channel | $96.0M | 2% |
| Other Product And Service | $79.7M | 2% |
| Related Party | $21.7M | 0% |
| Seara Meats B.V. | $18.9M | 0% |
| Penasul UKLTD | $10.3M | 0% |
| JBSUSA Food Company | $5.4M | 0% |
