vs
北极星（PII）与摩森康胜饮品公司（TAP）财务数据对比。点击上方公司名可切换其他公司
摩森康胜饮品公司的季度营收约是北极星的1.6倍（$2.7B vs $1.7B），摩森康胜饮品公司净利率更高（5.5% vs -2.8%，领先8.4%），北极星同比增速更快（8.0% vs 2.0%），过去两年北极星的营收复合增速更高（-8.0% vs -15.8%）
北极星公司（Polaris Inc.）是总部位于美国明尼苏达州麦地那的机动车制造企业，创立于明尼苏达州罗索，当地目前仍保留其工程研发与生产设施。公司曾通过胜利摩托子公司生产摩托车，2011年收购印第安摩托品牌后转由该子公司运营摩托业务，此前还曾生产私人水上摩托艇产品。
摩森康胜饮品公司是一家美加合资的跨国饮料酿造企业，旗下拥有多款知名酒精及非酒精饮品产品线，业务覆盖全球多个国家和地区，目前在伊利诺伊州芝加哥与魁北克省蒙特利尔设有双总部。
PII vs TAP — 直观对比
营收规模更大
TAP
是对方的1.6倍
$1.7B
营收增速更快
PII
高出6.0%
2.0%
净利率更高
TAP
高出8.4%
-2.8%
两年增速更快
PII
近两年复合增速
-15.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $2.7B |
| 净利润 | $-47.2M | $150.1M |
| 毛利率 | 20.2% | 33.0% |
| 营业利润率 | 76.5% | — |
| 净利率 | -2.8% | 5.5% |
| 营收同比 | 8.0% | 2.0% |
| 净利润同比 | 29.0% | 25.0% |
| 每股收益（稀释后） | $-0.83 | $0.80 |
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PIITAP
| Q1 26 | $1.7B | $2.7B | ||
| Q4 25 | $1.9B | $3.1B | ||
| Q3 25 | $1.8B | $3.5B | ||
| Q2 25 | $1.9B | $3.7B | ||
| Q1 25 | $1.5B | $2.7B | ||
| Q4 24 | $1.8B | $3.2B | ||
| Q3 24 | $1.7B | $3.6B | ||
| Q2 24 | $2.0B | $3.8B |
净利润PIITAP
| Q1 26 | $-47.2M | $150.1M | ||
| Q4 25 | $-303.6M | $238.3M | ||
| Q3 25 | $-15.8M | $-2.9B | ||
| Q2 25 | $-79.3M | $428.7M | ||
| Q1 25 | $-66.8M | $121.0M | ||
| Q4 24 | $10.6M | $287.8M | ||
| Q3 24 | $27.7M | $199.8M | ||
| Q2 24 | $68.7M | $427.0M |
毛利率PIITAP
| Q1 26 | 20.2% | 33.0% | ||
| Q4 25 | 20.0% | 31.0% | ||
| Q3 25 | 20.7% | 33.7% | ||
| Q2 25 | 19.4% | 34.3% | ||
| Q1 25 | 16.0% | 31.6% | ||
| Q4 24 | 20.4% | 32.0% | ||
| Q3 24 | 20.6% | 33.4% | ||
| Q2 24 | 21.6% | 34.6% |
营业利润率PIITAP
| Q1 26 | 76.5% | — | ||
| Q4 25 | -16.7% | 10.4% | ||
| Q3 25 | 1.1% | -98.5% | ||
| Q2 25 | -0.7% | 15.6% | ||
| Q1 25 | -2.4% | 6.9% | ||
| Q4 24 | 3.7% | 12.0% | ||
| Q3 24 | 3.8% | 12.5% | ||
| Q2 24 | 6.1% | 15.6% |
净利率PIITAP
| Q1 26 | -2.8% | 5.5% | ||
| Q4 25 | -15.8% | 7.6% | ||
| Q3 25 | -0.9% | -84.0% | ||
| Q2 25 | -4.3% | 11.5% | ||
| Q1 25 | -4.3% | 4.5% | ||
| Q4 24 | 0.6% | 8.9% | ||
| Q3 24 | 1.6% | 5.5% | ||
| Q2 24 | 3.5% | 11.1% |
每股收益（稀释后）PIITAP
| Q1 26 | $-0.83 | $0.80 | ||
| Q4 25 | $-5.34 | $1.32 | ||
| Q3 25 | $-0.28 | $-14.79 | ||
| Q2 25 | $-1.39 | $2.13 | ||
| Q1 25 | $-1.17 | $0.59 | ||
| Q4 24 | $0.18 | $1.39 | ||
| Q3 24 | $0.49 | $0.96 | ||
| Q2 24 | $1.21 | $2.03 |
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 | $282.0M | $382.6M |
| 总债务越低越好 | — | $3.8B |
| 股东权益账面价值 | $750.4M | $10.3B |
| 总资产 | $5.2B | $22.4B |
| 负债/权益比越低杠杆越低 | — | 0.38× |
8季度趋势，按日历期对齐
现金及短期投资PIITAP
| Q1 26 | $282.0M | $382.6M | ||
| Q4 25 | $138.0M | $896.5M | ||
| Q3 25 | $335.5M | $950.2M | ||
| Q2 25 | $324.3M | $613.8M | ||
| Q1 25 | $291.7M | $412.7M | ||
| Q4 24 | $287.8M | $969.3M | ||
| Q3 24 | $291.3M | $1.0B | ||
| Q2 24 | $322.7M | $1.6B |
总债务PIITAP
| Q1 26 | — | $3.8B | ||
| Q4 25 | $1.5B | $6.3B | ||
| Q3 25 | $1.3B | $6.3B | ||
| Q2 25 | $1.4B | $6.3B | ||
| Q1 25 | $1.6B | $6.2B | ||
| Q4 24 | $1.6B | $6.1B | ||
| Q3 24 | $1.7B | $6.2B | ||
| Q2 24 | $2.1B | $7.0B |
股东权益PIITAP
| Q1 26 | $750.4M | $10.3B | ||
| Q4 25 | $828.4M | $10.2B | ||
| Q3 25 | $1.1B | $10.3B | ||
| Q2 25 | $1.2B | $13.4B | ||
| Q1 25 | $1.2B | $13.1B | ||
| Q4 24 | $1.3B | $13.1B | ||
| Q3 24 | $1.3B | $13.3B | ||
| Q2 24 | $1.3B | $13.2B |
总资产PIITAP
| Q1 26 | $5.2B | $22.4B | ||
| Q4 25 | $4.9B | $22.7B | ||
| Q3 25 | $5.3B | $22.9B | ||
| Q2 25 | $5.4B | $26.8B | ||
| Q1 25 | $5.5B | $25.9B | ||
| Q4 24 | $5.5B | $26.1B | ||
| Q3 24 | $5.6B | $26.6B | ||
| Q2 24 | $5.7B | $27.4B |
负债/权益比PIITAP
| Q1 26 | — | 0.38× | ||
| Q4 25 | 1.82× | 0.61× | ||
| Q3 25 | 1.13× | 0.61× | ||
| Q2 25 | 1.17× | 0.47× | ||
| Q1 25 | 1.32× | 0.47× | ||
| Q4 24 | 1.27× | 0.47× | ||
| Q3 24 | 1.29× | 0.47× | ||
| Q2 24 | 1.56× | 0.53× |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $-342.5M | — |
| 自由现金流率自由现金流/营收 | -20.6% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $168.0M | — |
8季度趋势，按日历期对齐
经营现金流PIITAP
| Q1 26 | — | — | ||
| Q4 25 | $178.7M | $540.7M | ||
| Q3 25 | $158.8M | $616.1M | ||
| Q2 25 | $320.3M | $718.3M | ||
| Q1 25 | $83.2M | $-90.7M | ||
| Q4 24 | $206.3M | $494.5M | ||
| Q3 24 | $21.0M | $521.2M | ||
| Q2 24 | $146.3M | $869.2M |
自由现金流PIITAP
| Q1 26 | $-342.5M | — | ||
| Q4 25 | $114.0M | $357.8M | ||
| Q3 25 | $116.7M | $483.0M | ||
| Q2 25 | $279.8M | $555.0M | ||
| Q1 25 | $47.6M | $-328.0M | ||
| Q4 24 | $137.3M | $383.4M | ||
| Q3 24 | $-32.4M | $350.4M | ||
| Q2 24 | $79.1M | $691.7M |
自由现金流率PIITAP
| Q1 26 | -20.6% | — | ||
| Q4 25 | 5.9% | 11.4% | ||
| Q3 25 | 6.3% | 13.9% | ||
| Q2 25 | 15.1% | 14.8% | ||
| Q1 25 | 3.1% | -12.2% | ||
| Q4 24 | 7.8% | 11.8% | ||
| Q3 24 | -1.9% | 9.7% | ||
| Q2 24 | 4.0% | 18.0% |
资本支出强度PIITAP
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 5.9% | ||
| Q3 25 | 2.3% | 3.8% | ||
| Q2 25 | 2.2% | 4.4% | ||
| Q1 25 | 2.3% | 8.8% | ||
| Q4 24 | 3.9% | 3.4% | ||
| Q3 24 | 3.1% | 4.7% | ||
| Q2 24 | 3.4% | 4.6% |
现金转化率PIITAP
| Q1 26 | — | — | ||
| Q4 25 | — | 2.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.68× | ||
| Q1 25 | — | -0.75× | ||
| Q4 24 | 19.46× | 1.72× | ||
| Q3 24 | 0.76× | 2.61× | ||
| Q2 24 | 2.13× | 2.04× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
