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PILGRIMS PRIDE CORP（PPC）与德事隆（TXT）财务数据对比。点击上方公司名可切换其他公司
PILGRIMS PRIDE CORP的季度营收约是德事隆的1.1倍（$4.5B vs $4.2B），德事隆净利率更高（5.6% vs 1.9%，领先3.7%），德事隆同比增速更快（15.6% vs 3.3%），德事隆自由现金流更多（$527.0M vs $10.0M），过去两年德事隆的营收复合增速更高（15.4% 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。
德事隆是总部位于美国罗德岛州普罗维登斯的工业集团，1923年由罗亚尔·利特尔创立，前身为特种纱线公司。旗下拥有贝尔德事隆、考泰斯、德事隆航空、莱康明发动机等子公司，业务覆盖25个国家，2020年员工总数超3.3万人，2021年位列美国财富500强第265位。
PPC vs TXT — 直观对比
营收规模更大
PPC
是对方的1.1倍
$4.2B
营收增速更快
TXT
高出12.2%
3.3%
净利率更高
TXT
高出3.7%
1.9%
自由现金流更多
TXT
多$517.0M
$10.0M
两年增速更快
TXT
近两年复合增速
1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $4.2B |
| 净利润 | $88.0M | $235.0M |
| 毛利率 | 9.5% | — |
| 营业利润率 | 4.5% | — |
| 净利率 | 1.9% | 5.6% |
| 营收同比 | 3.3% | 15.6% |
| 净利润同比 | -62.7% | 66.7% |
| 每股收益（稀释后） | $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PPCTXT
| Q4 25 | $4.5B | $4.2B | ||
| Q3 25 | $4.8B | $3.6B | ||
| Q2 25 | $4.8B | $3.7B | ||
| Q1 25 | $4.5B | $3.3B | ||
| Q4 24 | $4.4B | $3.6B | ||
| Q3 24 | $4.6B | $3.4B | ||
| Q2 24 | $4.6B | $3.5B | ||
| Q1 24 | $4.4B | $3.1B |
净利润PPCTXT
| Q4 25 | $88.0M | $235.0M | ||
| Q3 25 | $342.8M | $234.0M | ||
| Q2 25 | $355.5M | $245.0M | ||
| Q1 25 | $296.0M | $207.0M | ||
| Q4 24 | $235.9M | $141.0M | ||
| Q3 24 | $349.9M | $223.0M | ||
| Q2 24 | $326.3M | $259.0M | ||
| Q1 24 | $174.4M | $201.0M |
毛利率PPCTXT
| Q4 25 | 9.5% | — | ||
| Q3 25 | 13.9% | — | ||
| Q2 25 | 15.0% | — | ||
| Q1 25 | 12.4% | — | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 14.9% | — | ||
| Q2 24 | 15.2% | — | ||
| Q1 24 | 8.8% | — |
营业利润率PPCTXT
| Q4 25 | 4.5% | — | ||
| Q3 25 | 10.4% | — | ||
| Q2 25 | 10.8% | — | ||
| Q1 25 | 9.1% | — | ||
| Q4 24 | 7.0% | 3.6% | ||
| Q3 24 | 11.1% | 7.4% | ||
| Q2 24 | 9.7% | 9.2% | ||
| Q1 24 | 5.7% | 7.6% |
净利率PPCTXT
| Q4 25 | 1.9% | 5.6% | ||
| Q3 25 | 7.2% | 6.5% | ||
| Q2 25 | 7.5% | 6.6% | ||
| Q1 25 | 6.6% | 6.3% | ||
| Q4 24 | 5.4% | 3.9% | ||
| Q3 24 | 7.6% | 6.5% | ||
| Q2 24 | 7.2% | 7.3% | ||
| Q1 24 | 4.0% | 6.4% |
每股收益（稀释后）PPCTXT
| Q4 25 | $0.37 | — | ||
| Q3 25 | $1.44 | — | ||
| Q2 25 | $1.49 | — | ||
| Q1 25 | $1.24 | $1.13 | ||
| Q4 24 | $1.00 | — | ||
| Q3 24 | $1.47 | — | ||
| Q2 24 | $1.37 | — | ||
| Q1 24 | $0.73 | $1.03 |
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 | $640.2M | — |
| 总债务越低越好 | $3.1B | — |
| 股东权益账面价值 | $3.7B | — |
| 总资产 | $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PPCTXT
| 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PPCTXT
| 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PPCTXT
| Q4 25 | $3.7B | — | ||
| Q3 25 | $3.5B | $7.5B | ||
| Q2 25 | $3.7B | $7.4B | ||
| Q1 25 | $3.1B | $7.3B | ||
| Q4 24 | $4.2B | $7.2B | ||
| Q3 24 | $4.2B | $7.0B | ||
| Q2 24 | $3.7B | $6.9B | ||
| Q1 24 | $3.5B | $6.9B |
总资产PPCTXT
| Q4 25 | $10.3B | — | ||
| Q3 25 | $10.0B | $17.4B | ||
| Q2 25 | $10.1B | $17.1B | ||
| Q1 25 | $11.0B | $16.9B | ||
| Q4 24 | $10.7B | $16.8B | ||
| Q3 24 | $10.7B | $16.5B | ||
| Q2 24 | $10.1B | $16.4B | ||
| Q1 24 | $9.8B | $16.4B |
负债/权益比PPCTXT
| 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 | $700.0M |
| 自由现金流经营现金流 - 资本支出 | $10.0M | $527.0M |
| 自由现金流率自由现金流/营收 | 0.2% | 12.6% |
| 资本支出强度资本支出/营收 | 6.2% | 4.1% |
| 现金转化率经营现金流/净利润 | 3.31× | 2.98× |
| 过去12个月自由现金流最近4个季度 | $653.1M | $929.0M |
8季度趋势，按日历期对齐
经营现金流PPCTXT
| Q4 25 | $291.2M | $700.0M | ||
| Q3 25 | $458.3M | $349.0M | ||
| Q2 25 | $495.2M | $387.0M | ||
| Q1 25 | $126.9M | $-124.0M | ||
| Q4 24 | $349.3M | $446.0M | ||
| Q3 24 | $651.1M | $208.0M | ||
| Q2 24 | $718.6M | $367.0M | ||
| Q1 24 | $271.0M | $-7.0M |
自由现金流PPCTXT
| Q4 25 | $10.0M | $527.0M | ||
| Q3 25 | $275.9M | $273.0M | ||
| Q2 25 | $339.1M | $309.0M | ||
| Q1 25 | $28.1M | $-180.0M | ||
| Q4 24 | $176.6M | $293.0M | ||
| Q3 24 | $565.3M | $137.0M | ||
| Q2 24 | $617.7M | $293.0M | ||
| Q1 24 | $171.9M | $-73.0M |
自由现金流率PPCTXT
| Q4 25 | 0.2% | 12.6% | ||
| Q3 25 | 5.8% | 7.6% | ||
| Q2 25 | 7.1% | 8.3% | ||
| Q1 25 | 0.6% | -5.4% | ||
| Q4 24 | 4.0% | 8.1% | ||
| Q3 24 | 12.3% | 4.0% | ||
| Q2 24 | 13.5% | 8.3% | ||
| Q1 24 | 3.9% | -2.3% |
资本支出强度PPCTXT
| Q4 25 | 6.2% | 4.1% | ||
| Q3 25 | 3.8% | 2.1% | ||
| Q2 25 | 3.3% | 2.1% | ||
| Q1 25 | 2.2% | 1.7% | ||
| Q4 24 | 4.0% | 4.2% | ||
| Q3 24 | 1.9% | 2.1% | ||
| Q2 24 | 2.2% | 2.1% | ||
| Q1 24 | 2.3% | 2.1% |
现金转化率PPCTXT
| Q4 25 | 3.31× | 2.98× | ||
| Q3 25 | 1.34× | 1.49× | ||
| Q2 25 | 1.39× | 1.58× | ||
| Q1 25 | 0.43× | -0.60× | ||
| Q4 24 | 1.48× | 3.16× | ||
| Q3 24 | 1.86× | 0.93× | ||
| Q2 24 | 2.20× | 1.42× | ||
| Q1 24 | 1.55× | -0.03× |
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% |
TXT
| Aircraft | $1.2B | 29% |
| Military Aircraft And Support Programs | $655.0M | 16% |
| Aftermarket Parts And Services | $551.0M | 13% |
| Services | $507.0M | 12% |
| Fuel Systems And Functional Components | $480.0M | 11% |
| Textron Systems | $323.0M | 8% |
| Other | $317.0M | 8% |
| US Government | $119.0M | 3% |
| Finance | $18.0M | 0% |
| Textron E Aviation Segment | $7.0M | 0% |
