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PILGRIMS PRIDE CORP（PPC）与威富集团（VFC）财务数据对比。点击上方公司名可切换其他公司
PILGRIMS PRIDE CORP的季度营收约是威富集团的1.6倍（$4.5B vs $2.9B），威富集团净利率更高（10.5% vs 1.9%，领先8.5%），PILGRIMS PRIDE CORP同比增速更快（3.3% vs 1.5%），威富集团自由现金流更多（$977.9M vs $10.0M），过去两年威富集团的营收复合增速更高（10.1% 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。
威富集团前身为F.W.伍尔沃斯公司，是全球知名零售企业，也是五分一角平价商店业态的先驱之一。作为美国乃至全球最成功的平价零售企业之一，它曾引领行业发展潮流，构建了如今全球各地门店普遍遵循的现代零售模式。
PPC vs VFC — 直观对比
营收规模更大
PPC
是对方的1.6倍
$2.9B
营收增速更快
PPC
高出1.9%
1.5%
净利率更高
VFC
高出8.5%
1.9%
自由现金流更多
VFC
多$967.9M
$10.0M
两年增速更快
VFC
近两年复合增速
1.8%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $2.9B |
| 净利润 | $88.0M | $300.8M |
| 毛利率 | 9.5% | 56.6% |
| 营业利润率 | 4.5% | 10.1% |
| 净利率 | 1.9% | 10.5% |
| 营收同比 | 3.3% | 1.5% |
| 净利润同比 | -62.7% | 79.3% |
| 每股收益（稀释后） | $0.37 | $0.76 |
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PPCVFC
| Q4 25 | $4.5B | $2.9B | ||
| Q3 25 | $4.8B | $2.8B | ||
| Q2 25 | $4.8B | $1.8B | ||
| Q1 25 | $4.5B | $2.0B | ||
| Q4 24 | $4.4B | $2.8B | ||
| Q3 24 | $4.6B | $2.8B | ||
| Q2 24 | $4.6B | $1.9B | ||
| Q1 24 | $4.4B | $2.4B |
净利润PPCVFC
| Q4 25 | $88.0M | $300.8M | ||
| Q3 25 | $342.8M | $189.8M | ||
| Q2 25 | $355.5M | $-116.4M | ||
| Q1 25 | $296.0M | $-150.8M | ||
| Q4 24 | $235.9M | $167.8M | ||
| Q3 24 | $349.9M | $52.2M | ||
| Q2 24 | $326.3M | $-258.9M | ||
| Q1 24 | $174.4M | $-418.3M |
毛利率PPCVFC
| Q4 25 | 9.5% | 56.6% | ||
| Q3 25 | 13.9% | 52.2% | ||
| Q2 25 | 15.0% | 53.9% | ||
| Q1 25 | 12.4% | 52.7% | ||
| Q4 24 | 12.7% | 56.3% | ||
| Q3 24 | 14.9% | 52.2% | ||
| Q2 24 | 15.2% | 52.0% | ||
| Q1 24 | 8.8% | 48.4% |
营业利润率PPCVFC
| Q4 25 | 4.5% | 10.1% | ||
| Q3 25 | 10.4% | 11.2% | ||
| Q2 25 | 10.8% | -4.9% | ||
| Q1 25 | 9.1% | 2.2% | ||
| Q4 24 | 7.0% | 8.0% | ||
| Q3 24 | 11.1% | 9.9% | ||
| Q2 24 | 9.7% | -12.6% | ||
| Q1 24 | 5.7% | -15.0% |
净利率PPCVFC
| Q4 25 | 1.9% | 10.5% | ||
| Q3 25 | 7.2% | 6.8% | ||
| Q2 25 | 7.5% | -6.6% | ||
| Q1 25 | 6.6% | -7.5% | ||
| Q4 24 | 5.4% | 5.9% | ||
| Q3 24 | 7.6% | 1.9% | ||
| Q2 24 | 7.2% | -13.6% | ||
| Q1 24 | 4.0% | -17.6% |
每股收益（稀释后）PPCVFC
| Q4 25 | $0.37 | $0.76 | ||
| Q3 25 | $1.44 | $0.48 | ||
| Q2 25 | $1.49 | $-0.30 | ||
| Q1 25 | $1.24 | $-0.37 | ||
| Q4 24 | $1.00 | $0.43 | ||
| Q3 24 | $1.47 | $0.13 | ||
| Q2 24 | $1.37 | $-0.67 | ||
| Q1 24 | $0.73 | $-1.07 |
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 | $1.5B |
| 总债务越低越好 | $3.1B | $3.6B |
| 股东权益账面价值 | $3.7B | $1.8B |
| 总资产 | $10.3B | $10.4B |
| 负债/权益比越低杠杆越低 | 0.84× | 1.99× |
8季度趋势，按日历期对齐
现金及短期投资PPCVFC
| Q4 25 | $640.2M | $1.5B | ||
| Q3 25 | $612.6M | $419.1M | ||
| Q2 25 | $849.0M | $642.4M | ||
| Q1 25 | $2.1B | $429.4M | ||
| Q4 24 | $2.0B | $1.4B | ||
| Q3 24 | $1.9B | $492.2M | ||
| Q2 24 | $1.3B | $637.4M | ||
| Q1 24 | $870.8M | $674.6M |
总债务PPCVFC
| Q4 25 | $3.1B | $3.6B | ||
| Q3 25 | $3.1B | $3.5B | ||
| Q2 25 | $3.1B | $3.6B | ||
| Q1 25 | $3.2B | $3.4B | ||
| Q4 24 | $3.2B | $3.9B | ||
| Q3 24 | $3.2B | $4.0B | ||
| Q2 24 | $3.2B | $3.9B | ||
| Q1 24 | $3.3B | $4.7B |
股东权益PPCVFC
| Q4 25 | $3.7B | $1.8B | ||
| Q3 25 | $3.5B | $1.5B | ||
| Q2 25 | $3.7B | $1.3B | ||
| Q1 25 | $3.1B | $1.5B | ||
| Q4 24 | $4.2B | $1.7B | ||
| Q3 24 | $4.2B | $1.4B | ||
| Q2 24 | $3.7B | $1.4B | ||
| Q1 24 | $3.5B | $1.7B |
总资产PPCVFC
| Q4 25 | $10.3B | $10.4B | ||
| Q3 25 | $10.0B | $10.6B | ||
| Q2 25 | $10.1B | $10.2B | ||
| Q1 25 | $11.0B | $9.4B | ||
| Q4 24 | $10.7B | $10.6B | ||
| Q3 24 | $10.7B | $12.2B | ||
| Q2 24 | $10.1B | $11.5B | ||
| Q1 24 | $9.8B | $11.6B |
负债/权益比PPCVFC
| Q4 25 | 0.84× | 1.99× | ||
| Q3 25 | 0.87× | 2.40× | ||
| Q2 25 | 0.83× | 2.76× | ||
| Q1 25 | 1.02× | 2.30× | ||
| Q4 24 | 0.76× | 2.31× | ||
| Q3 24 | 0.76× | 2.86× | ||
| Q2 24 | 0.85× | 2.84× | ||
| Q1 24 | 0.96× | 2.84× |
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 | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $10.0M | $977.9M |
| 自由现金流率自由现金流/营收 | 0.2% | 34.0% |
| 资本支出强度资本支出/营收 | 6.2% | 1.1% |
| 现金转化率经营现金流/净利润 | 3.31× | 3.36× |
| 过去12个月自由现金流最近4个季度 | $653.1M | $357.6M |
8季度趋势，按日历期对齐
经营现金流PPCVFC
| Q4 25 | $291.2M | $1.0B | ||
| Q3 25 | $458.3M | $-227.0M | ||
| Q2 25 | $495.2M | $-145.5M | ||
| Q1 25 | $126.9M | $-171.1M | ||
| Q4 24 | $349.3M | $918.1M | ||
| Q3 24 | $651.1M | $-301.6M | ||
| Q2 24 | $718.6M | $19.8M | ||
| Q1 24 | $271.0M | — |
自由现金流PPCVFC
| Q4 25 | $10.0M | $977.9M | ||
| Q3 25 | $275.9M | $-253.5M | ||
| Q2 25 | $339.1M | $-173.7M | ||
| Q1 25 | $28.1M | $-193.0M | ||
| Q4 24 | $176.6M | $899.7M | ||
| Q3 24 | $565.3M | $-322.4M | ||
| Q2 24 | $617.7M | $-5.4M | ||
| Q1 24 | $171.9M | — |
自由现金流率PPCVFC
| Q4 25 | 0.2% | 34.0% | ||
| Q3 25 | 5.8% | -9.0% | ||
| Q2 25 | 7.1% | -9.9% | ||
| Q1 25 | 0.6% | -9.6% | ||
| Q4 24 | 4.0% | 31.7% | ||
| Q3 24 | 12.3% | -11.7% | ||
| Q2 24 | 13.5% | -0.3% | ||
| Q1 24 | 3.9% | — |
资本支出强度PPCVFC
| Q4 25 | 6.2% | 1.1% | ||
| Q3 25 | 3.8% | 0.9% | ||
| Q2 25 | 3.3% | 1.6% | ||
| Q1 25 | 2.2% | 1.1% | ||
| Q4 24 | 4.0% | 0.6% | ||
| Q3 24 | 1.9% | 0.8% | ||
| Q2 24 | 2.2% | 1.3% | ||
| Q1 24 | 2.3% | — |
现金转化率PPCVFC
| Q4 25 | 3.31× | 3.36× | ||
| Q3 25 | 1.34× | -1.20× | ||
| Q2 25 | 1.39× | — | ||
| Q1 25 | 0.43× | — | ||
| Q4 24 | 1.48× | 5.47× | ||
| Q3 24 | 1.86× | -5.78× | ||
| Q2 24 | 2.20× | — | ||
| 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% |
VFC
| Outdoor | $1.9B | 67% |
| Sales Channel Through Intermediary | $813.4M | 28% |
| Other | $136.3M | 5% |
