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百事公司（PFGC）与高通（QCOM）财务数据对比。点击上方公司名可切换其他公司
百事公司的季度营收约是高通的1.3倍（$16.4B vs $12.3B），高通净利率更高（24.5% vs 0.4%，领先24.1%），百事公司同比增速更快（5.2% vs 5.0%），高通自由现金流更多（$4.4B vs $487.8M），过去两年高通的营收复合增速更高（14.2% vs 8.9%）
百事公司是总部位于美国纽约州珀彻斯的跨国食品饮料企业，1965年由百事可乐公司与菲多利合并成立。业务覆盖食品饮料全领域，负责旗下产品的生产、分销与市场营销，产品矩阵从最初的百事可乐扩展到了丰富多元的知名品牌组合。
高通是总部位于美国加利福尼亚州圣迭戈、在特拉华州注册的跨国企业，主营无线技术相关的半导体、软件及服务业务，持有5G、4G、CDMA2000、TD-SCDMA、WCDMA等移动通信标准的核心专利，是全球无线通信领域的核心供应商。
PFGC vs QCOM — 直观对比
营收规模更大
PFGC
是对方的1.3倍
$12.3B
营收增速更快
PFGC
高出0.2%
5.0%
净利率更高
QCOM
高出24.1%
0.4%
自由现金流更多
QCOM
多$3.9B
$487.8M
两年增速更快
QCOM
近两年复合增速
8.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $16.4B | $12.3B |
| 净利润 | $61.7M | $3.0B |
| 毛利率 | 12.0% | 54.6% |
| 营业利润率 | 1.2% | 27.5% |
| 净利率 | 0.4% | 24.5% |
| 营收同比 | 5.2% | 5.0% |
| 净利润同比 | 45.5% | -5.5% |
| 每股收益（稀释后） | $0.39 | $2.78 |
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PFGCQCOM
| Q4 25 | $16.4B | $12.3B | ||
| Q3 25 | $17.1B | $11.3B | ||
| Q2 25 | $16.9B | $10.4B | ||
| Q1 25 | $15.3B | $11.0B | ||
| Q4 24 | $15.6B | $11.7B | ||
| Q3 24 | $15.4B | $10.2B | ||
| Q2 24 | $15.2B | $9.4B | ||
| Q1 24 | $13.9B | $9.4B |
净利润PFGCQCOM
| Q4 25 | $61.7M | $3.0B | ||
| Q3 25 | $93.6M | $-3.1B | ||
| Q2 25 | $131.5M | $2.7B | ||
| Q1 25 | $58.3M | $2.8B | ||
| Q4 24 | $42.4M | $3.2B | ||
| Q3 24 | $108.0M | $2.9B | ||
| Q2 24 | $166.5M | $2.1B | ||
| Q1 24 | $70.4M | $2.3B |
毛利率PFGCQCOM
| Q4 25 | 12.0% | 54.6% | ||
| Q3 25 | 11.8% | 55.3% | ||
| Q2 25 | 11.8% | 55.6% | ||
| Q1 25 | 11.9% | 55.0% | ||
| Q4 24 | 11.7% | 55.8% | ||
| Q3 24 | 11.4% | 56.4% | ||
| Q2 24 | 11.5% | 55.6% | ||
| Q1 24 | 11.3% | 56.3% |
营业利润率PFGCQCOM
| Q4 25 | 1.2% | 27.5% | ||
| Q3 25 | 1.3% | 25.9% | ||
| Q2 25 | 1.6% | 26.6% | ||
| Q1 25 | 1.1% | 28.4% | ||
| Q4 24 | 1.0% | 30.5% | ||
| Q3 24 | 1.4% | 25.2% | ||
| Q2 24 | 1.9% | 23.6% | ||
| Q1 24 | 1.1% | 24.9% |
净利率PFGCQCOM
| Q4 25 | 0.4% | 24.5% | ||
| Q3 25 | 0.5% | -27.7% | ||
| Q2 25 | 0.8% | 25.7% | ||
| Q1 25 | 0.4% | 25.6% | ||
| Q4 24 | 0.3% | 27.3% | ||
| Q3 24 | 0.7% | 28.5% | ||
| Q2 24 | 1.1% | 22.7% | ||
| Q1 24 | 0.5% | 24.8% |
每股收益（稀释后）PFGCQCOM
| Q4 25 | $0.39 | $2.78 | ||
| Q3 25 | $0.60 | $-2.77 | ||
| Q2 25 | $0.85 | $2.43 | ||
| Q1 25 | $0.37 | $2.52 | ||
| Q4 24 | $0.27 | $2.83 | ||
| Q3 24 | $0.69 | $2.57 | ||
| Q2 24 | $1.07 | $1.88 | ||
| Q1 24 | $0.45 | $2.06 |
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 | — | $11.8B |
| 总债务越低越好 | $5.3B | $14.8B |
| 股东权益账面价值 | $4.6B | $23.1B |
| 总资产 | $18.2B | $53.0B |
| 负债/权益比越低杠杆越低 | 1.13× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资PFGCQCOM
| Q4 25 | — | $11.8B | ||
| Q3 25 | — | $10.2B | ||
| Q2 25 | — | $10.0B | ||
| Q1 25 | — | $13.8B | ||
| Q4 24 | — | $14.3B | ||
| Q3 24 | — | $13.3B | ||
| Q2 24 | — | $13.0B | ||
| Q1 24 | — | $13.9B |
总债务PFGCQCOM
| Q4 25 | $5.3B | $14.8B | ||
| Q3 25 | $5.6B | $14.8B | ||
| Q2 25 | $5.4B | $14.8B | ||
| Q1 25 | $5.4B | $13.3B | ||
| Q4 24 | $5.7B | $13.2B | ||
| Q3 24 | $3.9B | $13.3B | ||
| Q2 24 | $3.2B | $13.2B | ||
| Q1 24 | $3.2B | $14.5B |
股东权益PFGCQCOM
| Q4 25 | $4.6B | $23.1B | ||
| Q3 25 | $4.6B | $21.2B | ||
| Q2 25 | $4.5B | $27.2B | ||
| Q1 25 | $4.3B | $27.7B | ||
| Q4 24 | $4.3B | $26.9B | ||
| Q3 24 | $4.2B | $26.3B | ||
| Q2 24 | $4.1B | $24.7B | ||
| Q1 24 | $4.0B | $24.5B |
总资产PFGCQCOM
| Q4 25 | $18.2B | $53.0B | ||
| Q3 25 | $18.4B | $50.1B | ||
| Q2 25 | $17.9B | $54.9B | ||
| Q1 25 | $17.1B | $55.4B | ||
| Q4 24 | $17.1B | $55.6B | ||
| Q3 24 | $14.4B | $55.2B | ||
| Q2 24 | $13.4B | $52.7B | ||
| Q1 24 | $12.9B | $53.2B |
负债/权益比PFGCQCOM
| Q4 25 | 1.13× | 0.64× | ||
| Q3 25 | 1.23× | 0.70× | ||
| Q2 25 | 1.20× | 0.54× | ||
| Q1 25 | 1.25× | 0.48× | ||
| Q4 24 | 1.34× | 0.49× | ||
| Q3 24 | 0.93× | 0.51× | ||
| Q2 24 | 0.78× | 0.53× | ||
| Q1 24 | 0.81× | 0.59× |
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 | $601.2M | $5.0B |
| 自由现金流经营现金流 - 资本支出 | $487.8M | $4.4B |
| 自由现金流率自由现金流/营收 | 3.0% | 36.0% |
| 资本支出强度资本支出/营收 | 0.7% | 4.5% |
| 现金转化率经营现金流/净利润 | 9.74× | 1.65× |
| 过去12个月自由现金流最近4个季度 | $792.7M | $12.9B |
8季度趋势，按日历期对齐
经营现金流PFGCQCOM
| Q4 25 | $601.2M | $5.0B | ||
| Q3 25 | $-145.2M | $4.0B | ||
| Q2 25 | $383.0M | $2.9B | ||
| Q1 25 | $448.1M | $2.6B | ||
| Q4 24 | $325.5M | $4.6B | ||
| Q3 24 | $53.5M | $2.6B | ||
| Q2 24 | $206.3M | $3.1B | ||
| Q1 24 | $402.7M | $3.6B |
自由现金流PFGCQCOM
| Q4 25 | $487.8M | $4.4B | ||
| Q3 25 | $-224.1M | $3.6B | ||
| Q2 25 | $209.7M | $2.6B | ||
| Q1 25 | $319.3M | $2.3B | ||
| Q4 24 | $218.1M | $4.3B | ||
| Q3 24 | $-43.0M | $2.4B | ||
| Q2 24 | $55.1M | $2.7B | ||
| Q1 24 | $305.4M | $3.4B |
自由现金流率PFGCQCOM
| Q4 25 | 3.0% | 36.0% | ||
| Q3 25 | -1.3% | 31.8% | ||
| Q2 25 | 1.2% | 24.9% | ||
| Q1 25 | 2.1% | 21.3% | ||
| Q4 24 | 1.4% | 36.9% | ||
| Q3 24 | -0.3% | 23.3% | ||
| Q2 24 | 0.4% | 28.4% | ||
| Q1 24 | 2.2% | 35.9% |
资本支出强度PFGCQCOM
| Q4 25 | 0.7% | 4.5% | ||
| Q3 25 | 0.5% | 3.6% | ||
| Q2 25 | 1.0% | 2.8% | ||
| Q1 25 | 0.8% | 1.9% | ||
| Q4 24 | 0.7% | 2.4% | ||
| Q3 24 | 0.6% | 2.5% | ||
| Q2 24 | 1.0% | 4.1% | ||
| Q1 24 | 0.7% | 2.0% |
现金转化率PFGCQCOM
| Q4 25 | 9.74× | 1.65× | ||
| Q3 25 | -1.55× | — | ||
| Q2 25 | 2.91× | 1.08× | ||
| Q1 25 | 7.69× | 0.91× | ||
| Q4 24 | 7.68× | 1.44× | ||
| Q3 24 | 0.50× | 0.91× | ||
| Q2 24 | 1.24× | 1.43× | ||
| Q1 24 | 5.72× | 1.53× |
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
PFGC
| Foodservice | $8.8B | 54% |
| Convenience | $6.3B | 38% |
| Specialty | $1.3B | 8% |
QCOM
| Handsets | $7.8B | 64% |
| Io T | $1.7B | 14% |
| Qtl | $1.6B | 13% |
| Automotive | $1.1B | 9% |
