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PILGRIMS PRIDE CORP（PPC）与SHOPIFY INC.（SHOP）财务数据对比。点击上方公司名可切换其他公司
PILGRIMS PRIDE CORP的季度营收约是SHOPIFY INC.的1.2倍（$4.5B vs $3.7B），SHOPIFY INC.净利率更高（20.2% vs 1.9%，领先18.3%），SHOPIFY INC.同比增速更快（30.6% vs 3.3%），SHOPIFY INC.自由现金流更多（$715.0M vs $10.0M），过去两年SHOPIFY INC.的营收复合增速更高（40.5% vs 1.8%）
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。
Shopify是总部位于加拿大安大略省渥太华的跨国电商企业，运营零售POS系统及相关服务平台，全球客户超500万，2024年总交易处理额达2923亿美元，其中57%来自美国市场，服务客户包括特斯拉、路威酩轩、雀巢、百事、百威英博、红牛、凯悦等知名品牌。
PPC vs SHOP — 直观对比
营收规模更大
PPC
是对方的1.2倍
$3.7B
营收增速更快
SHOP
高出27.2%
3.3%
净利率更高
SHOP
高出18.3%
1.9%
自由现金流更多
SHOP
多$705.0M
$10.0M
两年增速更快
SHOP
近两年复合增速
1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $3.7B |
| 净利润 | $88.0M | $743.0M |
| 毛利率 | 9.5% | 46.1% |
| 营业利润率 | 4.5% | 17.2% |
| 净利率 | 1.9% | 20.2% |
| 营收同比 | 3.3% | 30.6% |
| 净利润同比 | -62.7% | -42.5% |
| 每股收益（稀释后） | $0.37 | $0.58 |
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PPCSHOP
| Q4 25 | $4.5B | $3.7B | ||
| Q3 25 | $4.8B | $2.8B | ||
| Q2 25 | $4.8B | $2.7B | ||
| Q1 25 | $4.5B | $2.4B | ||
| Q4 24 | $4.4B | $2.8B | ||
| Q3 24 | $4.6B | $2.2B | ||
| Q2 24 | $4.6B | $2.0B | ||
| Q1 24 | $4.4B | $1.9B |
净利润PPCSHOP
| Q4 25 | $88.0M | $743.0M | ||
| Q3 25 | $342.8M | $264.0M | ||
| Q2 25 | $355.5M | $906.0M | ||
| Q1 25 | $296.0M | $-682.0M | ||
| Q4 24 | $235.9M | $1.3B | ||
| Q3 24 | $349.9M | $828.0M | ||
| Q2 24 | $326.3M | $171.0M | ||
| Q1 24 | $174.4M | $-273.0M |
毛利率PPCSHOP
| Q4 25 | 9.5% | 46.1% | ||
| Q3 25 | 13.9% | 48.9% | ||
| Q2 25 | 15.0% | 48.6% | ||
| Q1 25 | 12.4% | 49.5% | ||
| Q4 24 | 12.7% | 48.1% | ||
| Q3 24 | 14.9% | 51.7% | ||
| Q2 24 | 15.2% | 51.1% | ||
| Q1 24 | 8.8% | 51.4% |
营业利润率PPCSHOP
| Q4 25 | 4.5% | 17.2% | ||
| Q3 25 | 10.4% | 12.1% | ||
| Q2 25 | 10.8% | 10.9% | ||
| Q1 25 | 9.1% | 8.6% | ||
| Q4 24 | 7.0% | 16.5% | ||
| Q3 24 | 11.1% | 13.1% | ||
| Q2 24 | 9.7% | 11.8% | ||
| Q1 24 | 5.7% | 4.6% |
净利率PPCSHOP
| Q4 25 | 1.9% | 20.2% | ||
| Q3 25 | 7.2% | 9.3% | ||
| Q2 25 | 7.5% | 33.8% | ||
| Q1 25 | 6.6% | -28.9% | ||
| Q4 24 | 5.4% | 46.0% | ||
| Q3 24 | 7.6% | 38.3% | ||
| Q2 24 | 7.2% | 8.4% | ||
| Q1 24 | 4.0% | -14.7% |
每股收益（稀释后）PPCSHOP
| Q4 25 | $0.37 | $0.58 | ||
| Q3 25 | $1.44 | $0.20 | ||
| Q2 25 | $1.49 | $0.69 | ||
| Q1 25 | $1.24 | $-0.53 | ||
| Q4 24 | $1.00 | $0.99 | ||
| Q3 24 | $1.47 | $0.64 | ||
| Q2 24 | $1.37 | $0.13 | ||
| Q1 24 | $0.73 | $-0.21 |
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 | $5.8B |
| 总债务越低越好 | $3.1B | — |
| 股东权益账面价值 | $3.7B | $13.5B |
| 总资产 | $10.3B | $15.2B |
| 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PPCSHOP
| Q4 25 | $640.2M | $5.8B | ||
| Q3 25 | $612.6M | $6.3B | ||
| Q2 25 | $849.0M | $5.8B | ||
| Q1 25 | $2.1B | $5.5B | ||
| Q4 24 | $2.0B | $5.5B | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $870.8M | — |
总债务PPCSHOP
| 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PPCSHOP
| Q4 25 | $3.7B | $13.5B | ||
| Q3 25 | $3.5B | $12.5B | ||
| Q2 25 | $3.7B | $12.1B | ||
| Q1 25 | $3.1B | $11.1B | ||
| Q4 24 | $4.2B | $11.6B | ||
| Q3 24 | $4.2B | $10.1B | ||
| Q2 24 | $3.7B | $9.2B | ||
| Q1 24 | $3.5B | $8.9B |
总资产PPCSHOP
| Q4 25 | $10.3B | $15.2B | ||
| Q3 25 | $10.0B | $15.0B | ||
| Q2 25 | $10.1B | $14.6B | ||
| Q1 25 | $11.0B | $13.4B | ||
| Q4 24 | $10.7B | $13.9B | ||
| Q3 24 | $10.7B | — | ||
| Q2 24 | $10.1B | — | ||
| Q1 24 | $9.8B | — |
负债/权益比PPCSHOP
| 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 | $291.2M | $725.0M |
| 自由现金流经营现金流 - 资本支出 | $10.0M | $715.0M |
| 自由现金流率自由现金流/营收 | 0.2% | 19.5% |
| 资本支出强度资本支出/营收 | 6.2% | 0.3% |
| 现金转化率经营现金流/净利润 | 3.31× | 0.98× |
| 过去12个月自由现金流最近4个季度 | $653.1M | $2.0B |
8季度趋势，按日历期对齐
经营现金流PPCSHOP
| Q4 25 | $291.2M | $725.0M | ||
| Q3 25 | $458.3M | $513.0M | ||
| Q2 25 | $495.2M | $428.0M | ||
| Q1 25 | $126.9M | $367.0M | ||
| Q4 24 | $349.3M | $615.0M | ||
| Q3 24 | $651.1M | $423.0M | ||
| Q2 24 | $718.6M | $340.0M | ||
| Q1 24 | $271.0M | $238.0M |
自由现金流PPCSHOP
| Q4 25 | $10.0M | $715.0M | ||
| Q3 25 | $275.9M | $507.0M | ||
| Q2 25 | $339.1M | $422.0M | ||
| Q1 25 | $28.1M | $363.0M | ||
| Q4 24 | $176.6M | $611.0M | ||
| Q3 24 | $565.3M | $421.0M | ||
| Q2 24 | $617.7M | $333.0M | ||
| Q1 24 | $171.9M | $232.0M |
自由现金流率PPCSHOP
| Q4 25 | 0.2% | 19.5% | ||
| Q3 25 | 5.8% | 17.8% | ||
| Q2 25 | 7.1% | 15.7% | ||
| Q1 25 | 0.6% | 15.4% | ||
| Q4 24 | 4.0% | 21.7% | ||
| Q3 24 | 12.3% | 19.5% | ||
| Q2 24 | 13.5% | 16.3% | ||
| Q1 24 | 3.9% | 12.5% |
资本支出强度PPCSHOP
| Q4 25 | 6.2% | 0.3% | ||
| Q3 25 | 3.8% | 0.2% | ||
| Q2 25 | 3.3% | 0.2% | ||
| Q1 25 | 2.2% | 0.2% | ||
| Q4 24 | 4.0% | 0.1% | ||
| Q3 24 | 1.9% | 0.1% | ||
| Q2 24 | 2.2% | 0.3% | ||
| Q1 24 | 2.3% | 0.3% |
现金转化率PPCSHOP
| Q4 25 | 3.31× | 0.98× | ||
| Q3 25 | 1.34× | 1.94× | ||
| Q2 25 | 1.39× | 0.47× | ||
| Q1 25 | 0.43× | — | ||
| Q4 24 | 1.48× | 0.48× | ||
| Q3 24 | 1.86× | 0.51× | ||
| Q2 24 | 2.20× | 1.99× | ||
| Q1 24 | 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
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% |
SHOP
| Services | $2.9B | 79% |
| Subscription And Circulation | $777.0M | 21% |
