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Post Holdings, Inc.（POST）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
Post Holdings, Inc.的季度营收约是Snap Inc的1.3倍（$2.2B vs $1.7B），Post Holdings, Inc.净利率更高（4.5% vs 2.6%，领先1.8%），Snap Inc同比增速更快（10.2% vs 10.1%），Snap Inc自由现金流更多（$205.6M vs $119.3M），过去两年Snap Inc的营收复合增速更高（19.9% vs 4.3%）
Post Holdings, Inc.是美国头部包装消费品食品生产商，旗下拥有知名食品业务板块Post Consumer Brands，总部坐落于明尼苏达州莱克维尔，其生产的食品类快消品覆盖北美及全球多个市场，深受消费者喜爱。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
POST vs SNAP — 直观对比
营收规模更大
POST
是对方的1.3倍
$1.7B
营收增速更快
SNAP
高出0.1%
10.1%
净利率更高
POST
高出1.8%
2.6%
自由现金流更多
SNAP
多$86.3M
$119.3M
两年增速更快
SNAP
近两年复合增速
4.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.7B |
| 净利润 | $96.8M | $45.2M |
| 毛利率 | 29.4% | 59.1% |
| 营业利润率 | 11.0% | 2.9% |
| 净利率 | 4.5% | 2.6% |
| 营收同比 | 10.1% | 10.2% |
| 净利润同比 | -14.6% | 396.7% |
| 每股收益（稀释后） | $1.71 | $0.03 |
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POSTSNAP
| Q4 25 | $2.2B | $1.7B | ||
| Q3 25 | $2.2B | $1.5B | ||
| Q2 25 | $2.0B | $1.3B | ||
| Q1 25 | $2.0B | $1.4B | ||
| Q4 24 | $2.0B | $1.6B | ||
| Q3 24 | $2.0B | $1.4B | ||
| Q2 24 | $1.9B | $1.2B | ||
| Q1 24 | $2.0B | $1.2B |
净利润POSTSNAP
| Q4 25 | $96.8M | $45.2M | ||
| Q3 25 | $51.0M | $-103.5M | ||
| Q2 25 | $108.8M | $-262.6M | ||
| Q1 25 | $62.6M | $-139.6M | ||
| Q4 24 | $113.3M | $9.1M | ||
| Q3 24 | $81.6M | $-153.2M | ||
| Q2 24 | $99.8M | $-248.6M | ||
| Q1 24 | $97.2M | $-305.1M |
毛利率POSTSNAP
| Q4 25 | 29.4% | 59.1% | ||
| Q3 25 | 26.8% | 55.3% | ||
| Q2 25 | 30.0% | 51.4% | ||
| Q1 25 | 28.0% | 53.1% | ||
| Q4 24 | 30.1% | 56.9% | ||
| Q3 24 | 28.6% | 53.5% | ||
| Q2 24 | 29.6% | 52.4% | ||
| Q1 24 | 29.0% | 51.9% |
营业利润率POSTSNAP
| Q4 25 | 11.0% | 2.9% | ||
| Q3 25 | 7.5% | -8.5% | ||
| Q2 25 | 11.8% | -19.3% | ||
| Q1 25 | 9.3% | -14.2% | ||
| Q4 24 | 10.8% | -1.7% | ||
| Q3 24 | 9.5% | -12.6% | ||
| Q2 24 | 10.4% | -20.5% | ||
| Q1 24 | 9.5% | -27.9% |
净利率POSTSNAP
| Q4 25 | 4.5% | 2.6% | ||
| Q3 25 | 2.3% | -6.9% | ||
| Q2 25 | 5.5% | -19.5% | ||
| Q1 25 | 3.2% | -10.2% | ||
| Q4 24 | 5.7% | 0.6% | ||
| Q3 24 | 4.1% | -11.2% | ||
| Q2 24 | 5.1% | -20.1% | ||
| Q1 24 | 4.9% | -25.5% |
每股收益（稀释后）POSTSNAP
| Q4 25 | $1.71 | $0.03 | ||
| Q3 25 | $0.91 | $-0.06 | ||
| Q2 25 | $1.79 | $-0.16 | ||
| Q1 25 | $1.03 | $-0.08 | ||
| Q4 24 | $1.78 | $0.01 | ||
| Q3 24 | $1.28 | $-0.09 | ||
| Q2 24 | $1.53 | $-0.15 | ||
| Q1 24 | $1.48 | $-0.19 |
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 | $279.3M | $2.9B |
| 总债务越低越好 | $7.5B | $3.5B |
| 股东权益账面价值 | $3.5B | $2.3B |
| 总资产 | $13.0B | $7.7B |
| 负债/权益比越低杠杆越低 | 2.16× | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资POSTSNAP
| Q4 25 | $279.3M | $2.9B | ||
| Q3 25 | $176.7M | $3.0B | ||
| Q2 25 | $1.1B | $2.9B | ||
| Q1 25 | $617.6M | $3.2B | ||
| Q4 24 | $872.9M | $3.4B | ||
| Q3 24 | $787.4M | $3.2B | ||
| Q2 24 | $333.8M | $3.1B | ||
| Q1 24 | $333.4M | $2.9B |
总债务POSTSNAP
| Q4 25 | $7.5B | $3.5B | ||
| Q3 25 | $7.4B | $3.5B | ||
| Q2 25 | $7.3B | $3.6B | ||
| Q1 25 | $6.9B | $3.6B | ||
| Q4 24 | $6.9B | $3.6B | ||
| Q3 24 | $6.8B | $3.6B | ||
| Q2 24 | $6.4B | $3.6B | ||
| Q1 24 | $6.4B | $3.3B |
股东权益POSTSNAP
| Q4 25 | $3.5B | $2.3B | ||
| Q3 25 | $3.8B | $2.2B | ||
| Q2 25 | $4.0B | $2.1B | ||
| Q1 25 | $3.8B | $2.3B | ||
| Q4 24 | $3.9B | $2.5B | ||
| Q3 24 | $4.1B | $2.2B | ||
| Q2 24 | $3.9B | $2.1B | ||
| Q1 24 | $4.0B | $2.1B |
总资产POSTSNAP
| Q4 25 | $13.0B | $7.7B | ||
| Q3 25 | $13.5B | $7.6B | ||
| Q2 25 | $13.4B | $7.4B | ||
| Q1 25 | $12.8B | $7.6B | ||
| Q4 24 | $12.8B | $7.9B | ||
| Q3 24 | $12.9B | $7.6B | ||
| Q2 24 | $12.1B | $7.4B | ||
| Q1 24 | $12.2B | $7.2B |
负债/权益比POSTSNAP
| Q4 25 | 2.16× | 1.55× | ||
| Q3 25 | 1.98× | 1.59× | ||
| Q2 25 | 1.84× | 1.73× | ||
| Q1 25 | 1.81× | 1.56× | ||
| Q4 24 | 1.79× | 1.49× | ||
| Q3 24 | 1.67× | 1.65× | ||
| Q2 24 | 1.62× | 1.76× | ||
| Q1 24 | 1.61× | 1.55× |
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 | $235.7M | $269.6M |
| 自由现金流经营现金流 - 资本支出 | $119.3M | $205.6M |
| 自由现金流率自由现金流/营收 | 5.5% | 12.0% |
| 资本支出强度资本支出/营收 | 5.4% | 3.7% |
| 现金转化率经营现金流/净利润 | 2.43× | 5.96× |
| 过去12个月自由现金流最近4个季度 | $436.0M | $437.2M |
8季度趋势，按日历期对齐
经营现金流POSTSNAP
| Q4 25 | $235.7M | $269.6M | ||
| Q3 25 | $301.3M | $146.5M | ||
| Q2 25 | $225.9M | $88.5M | ||
| Q1 25 | $160.7M | $151.6M | ||
| Q4 24 | $310.4M | $230.6M | ||
| Q3 24 | $235.4M | $115.9M | ||
| Q2 24 | $272.3M | $-21.4M | ||
| Q1 24 | $249.6M | $88.4M |
自由现金流POSTSNAP
| Q4 25 | $119.3M | $205.6M | ||
| Q3 25 | $151.6M | $93.4M | ||
| Q2 25 | $94.9M | $23.8M | ||
| Q1 25 | $70.2M | $114.4M | ||
| Q4 24 | $171.4M | $182.4M | ||
| Q3 24 | $96.2M | $71.8M | ||
| Q2 24 | $161.5M | $-73.4M | ||
| Q1 24 | $150.9M | $37.9M |
自由现金流率POSTSNAP
| Q4 25 | 5.5% | 12.0% | ||
| Q3 25 | 6.7% | 6.2% | ||
| Q2 25 | 4.8% | 1.8% | ||
| Q1 25 | 3.6% | 8.4% | ||
| Q4 24 | 8.7% | 11.7% | ||
| Q3 24 | 4.8% | 5.2% | ||
| Q2 24 | 8.3% | -5.9% | ||
| Q1 24 | 7.5% | 3.2% |
资本支出强度POSTSNAP
| Q4 25 | 5.4% | 3.7% | ||
| Q3 25 | 6.7% | 3.5% | ||
| Q2 25 | 6.6% | 4.8% | ||
| Q1 25 | 4.6% | 2.7% | ||
| Q4 24 | 7.0% | 3.1% | ||
| Q3 24 | 6.9% | 3.2% | ||
| Q2 24 | 5.7% | 4.2% | ||
| Q1 24 | 4.9% | 4.2% |
现金转化率POSTSNAP
| Q4 25 | 2.43× | 5.96× | ||
| Q3 25 | 5.91× | — | ||
| Q2 25 | 2.08× | — | ||
| Q1 25 | 2.57× | — | ||
| Q4 24 | 2.74× | 25.34× | ||
| Q3 24 | 2.88× | — | ||
| Q2 24 | 2.73× | — | ||
| Q1 24 | 2.57× | — |
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
POST
| Post Consumer Brands Segment | $1.1B | 51% |
| Pet Food | $360.4M | 17% |
| Side Dishes | $221.5M | 10% |
| Weetabix | $137.9M | 6% |
| Other | $122.1M | 6% |
| Nut Butters | $105.8M | 5% |
| Sausage | $53.1M | 2% |
| Cheeseand Dairy | $41.3M | 2% |
| Protein Based Shakes | $29.3M | 1% |
| Bell Ring | $18.1M | 1% |
SNAP
| Advertising Revenue | $1.5B | 86% |
| Other Revenue | $231.9M | 14% |
