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PILGRIMS PRIDE CORP（PPC）与Welltower（WELL）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Welltower的1.3倍（$4.5B vs $3.4B），Welltower净利率更高（22.4% vs 1.9%，领先20.5%），Welltower同比增速更快（38.3% vs 3.3%），过去两年Welltower的营收复合增速更高（55.1% 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。
Welltower Inc.是一家专注于医疗基础设施领域的房地产投资信托企业，核心业务为医疗类地产投资运营。截至2022年12月31日，公司投资的物业总量约3000处，全部布局于美国、加拿大及英国市场，是全球医疗地产投资领域的代表性企业之一。
PPC vs WELL — 直观对比
营收规模更大
PPC
是对方的1.3倍
$3.4B
营收增速更快
WELL
高出35.0%
3.3%
净利率更高
WELL
高出20.5%
1.9%
两年增速更快
WELL
近两年复合增速
1.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $3.4B |
| 净利润 | $88.0M | $752.3M |
| 毛利率 | 9.5% | — |
| 营业利润率 | 4.5% | — |
| 净利率 | 1.9% | 22.4% |
| 营收同比 | 3.3% | 38.3% |
| 净利润同比 | -62.7% | 192.4% |
| 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PPCWELL
| Q1 26 | — | $3.4B | ||
| Q4 25 | $4.5B | $2.6B | ||
| Q3 25 | $4.8B | $2.1B | ||
| Q2 25 | $4.8B | $2.0B | ||
| Q1 25 | $4.5B | $1.9B | ||
| Q4 24 | $4.4B | $1.8B | ||
| Q3 24 | $4.6B | $1.5B | ||
| Q2 24 | $4.6B | $1.4B |
净利润PPCWELL
| Q1 26 | — | $752.3M | ||
| Q4 25 | $88.0M | $117.8M | ||
| Q3 25 | $342.8M | $282.2M | ||
| Q2 25 | $355.5M | $304.6M | ||
| Q1 25 | $296.0M | $257.3M | ||
| Q4 24 | $235.9M | $123.8M | ||
| Q3 24 | $349.9M | $456.8M | ||
| Q2 24 | $326.3M | $260.7M |
毛利率PPCWELL
| Q1 26 | — | — | ||
| Q4 25 | 9.5% | 24.3% | ||
| Q3 25 | 13.9% | 23.5% | ||
| Q2 25 | 15.0% | 23.2% | ||
| Q1 25 | 12.4% | 21.6% | ||
| Q4 24 | 12.7% | 20.0% | ||
| Q3 24 | 14.9% | 19.8% | ||
| Q2 24 | 15.2% | 20.2% |
营业利润率PPCWELL
| Q1 26 | — | — | ||
| Q4 25 | 4.5% | — | ||
| Q3 25 | 10.4% | 14.2% | ||
| Q2 25 | 10.8% | 15.1% | ||
| Q1 25 | 9.1% | 10.7% | ||
| Q4 24 | 7.0% | 6.2% | ||
| Q3 24 | 11.1% | 12.2% | ||
| Q2 24 | 9.7% | 6.5% |
净利率PPCWELL
| Q1 26 | — | 22.4% | ||
| Q4 25 | 1.9% | 4.6% | ||
| Q3 25 | 7.2% | 13.7% | ||
| Q2 25 | 7.5% | 15.5% | ||
| Q1 25 | 6.6% | 13.8% | ||
| Q4 24 | 5.4% | 7.0% | ||
| Q3 24 | 7.6% | 30.2% | ||
| Q2 24 | 7.2% | 18.7% |
每股收益（稀释后）PPCWELL
| Q1 26 | — | — | ||
| Q4 25 | $0.37 | $0.13 | ||
| Q3 25 | $1.44 | $0.41 | ||
| Q2 25 | $1.49 | $0.45 | ||
| Q1 25 | $1.24 | $0.40 | ||
| Q4 24 | $1.00 | $0.20 | ||
| Q3 24 | $1.47 | $0.73 | ||
| Q2 24 | $1.37 | $0.42 |
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 | $4.7B |
| 总债务越低越好 | $3.1B | — |
| 股东权益账面价值 | $3.7B | $44.7B |
| 总资产 | $10.3B | $67.2B |
| 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PPCWELL
| Q1 26 | — | $4.7B | ||
| Q4 25 | $640.2M | $5.0B | ||
| Q3 25 | $612.6M | $6.8B | ||
| Q2 25 | $849.0M | $4.4B | ||
| Q1 25 | $2.1B | $3.5B | ||
| Q4 24 | $2.0B | $3.5B | ||
| Q3 24 | $1.9B | $3.6B | ||
| Q2 24 | $1.3B | $2.8B |
总债务PPCWELL
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $19.2B | ||
| Q3 25 | $3.1B | $16.9B | ||
| Q2 25 | $3.1B | $16.0B | ||
| Q1 25 | $3.2B | $15.7B | ||
| Q4 24 | $3.2B | $15.5B | ||
| Q3 24 | $3.2B | $15.8B | ||
| Q2 24 | $3.2B | $13.9B |
股东权益PPCWELL
| Q1 26 | — | $44.7B | ||
| Q4 25 | $3.7B | $42.1B | ||
| Q3 25 | $3.5B | $38.8B | ||
| Q2 25 | $3.7B | $35.9B | ||
| Q1 25 | $3.1B | $34.0B | ||
| Q4 24 | $4.2B | $32.0B | ||
| Q3 24 | $4.2B | $30.3B | ||
| Q2 24 | $3.7B | $29.0B |
总资产PPCWELL
| Q1 26 | — | $67.2B | ||
| Q4 25 | $10.3B | $67.3B | ||
| Q3 25 | $10.0B | $59.5B | ||
| Q2 25 | $10.1B | $55.8B | ||
| Q1 25 | $11.0B | $53.3B | ||
| Q4 24 | $10.7B | $51.0B | ||
| Q3 24 | $10.7B | $49.0B | ||
| Q2 24 | $10.1B | $45.5B |
负债/权益比PPCWELL
| Q1 26 | — | — | ||
| Q4 25 | 0.84× | 0.46× | ||
| Q3 25 | 0.87× | 0.43× | ||
| Q2 25 | 0.83× | 0.44× | ||
| Q1 25 | 1.02× | 0.46× | ||
| Q4 24 | 0.76× | 0.49× | ||
| Q3 24 | 0.76× | 0.52× | ||
| Q2 24 | 0.85× | 0.48× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $10.0M | — |
| 自由现金流率自由现金流/营收 | 0.2% | — |
| 资本支出强度资本支出/营收 | 6.2% | — |
| 现金转化率经营现金流/净利润 | 3.31× | — |
| 过去12个月自由现金流最近4个季度 | $653.1M | — |
8季度趋势，按日历期对齐
经营现金流PPCWELL
| Q1 26 | — | — | ||
| Q4 25 | $291.2M | $654.3M | ||
| Q3 25 | $458.3M | $858.4M | ||
| Q2 25 | $495.2M | $770.0M | ||
| Q1 25 | $126.9M | $599.0M | ||
| Q4 24 | $349.3M | $559.2M | ||
| Q3 24 | $651.1M | $685.0M | ||
| Q2 24 | $718.6M | $605.4M |
自由现金流PPCWELL
| Q1 26 | — | — | ||
| Q4 25 | $10.0M | $340.4M | ||
| Q3 25 | $275.9M | $595.3M | ||
| Q2 25 | $339.1M | $537.2M | ||
| Q1 25 | $28.1M | $358.6M | ||
| Q4 24 | $176.6M | $240.4M | ||
| Q3 24 | $565.3M | $443.8M | ||
| Q2 24 | $617.7M | $440.3M |
自由现金流率PPCWELL
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 13.3% | ||
| Q3 25 | 5.8% | 28.9% | ||
| Q2 25 | 7.1% | 27.3% | ||
| Q1 25 | 0.6% | 19.2% | ||
| Q4 24 | 4.0% | 13.6% | ||
| Q3 24 | 12.3% | 29.4% | ||
| Q2 24 | 13.5% | 31.6% |
资本支出强度PPCWELL
| Q1 26 | — | — | ||
| Q4 25 | 6.2% | 12.3% | ||
| Q3 25 | 3.8% | 12.8% | ||
| Q2 25 | 3.3% | 11.8% | ||
| Q1 25 | 2.2% | 12.9% | ||
| Q4 24 | 4.0% | 18.1% | ||
| Q3 24 | 1.9% | 16.0% | ||
| Q2 24 | 2.2% | 11.8% |
现金转化率PPCWELL
| Q1 26 | — | — | ||
| Q4 25 | 3.31× | 5.56× | ||
| Q3 25 | 1.34× | 3.04× | ||
| Q2 25 | 1.39× | 2.53× | ||
| Q1 25 | 0.43× | 2.33× | ||
| Q4 24 | 1.48× | 4.52× | ||
| Q3 24 | 1.86× | 1.50× | ||
| Q2 24 | 2.20× | 2.32× |
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% |
WELL
| Resident fees and services | $2.8B | 83% |
| Rental income | $453.8M | 14% |
| Other | $117.2M | 3% |
