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Primo Brands Corp（PRMB）与Toast, Inc.（TOST）财务数据对比。点击上方公司名可切换其他公司
Toast, Inc.的季度营收约是Primo Brands Corp的1.1倍（$1.6B vs $1.6B），Toast, Inc.净利率更高（6.2% vs -0.8%，领先7.0%），Toast, Inc.自由现金流更多（$178.0M vs $57.3M）
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
Toast, Inc.是总部位于美国马萨诸塞州波士顿的云餐饮管理软件企业，主打基于安卓操作系统研发的一体化销售点（POS）系统，可为餐饮商家提供涵盖收银、订单管理等在内的全场景门店经营解决方案。
PRMB vs TOST — 直观对比
营收规模更大
TOST
是对方的1.1倍
$1.6B
净利率更高
TOST
高出7.0%
-0.8%
自由现金流更多
TOST
多$120.7M
$57.3M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.6B |
| 净利润 | $-13.0M | $101.0M |
| 毛利率 | 27.7% | 25.9% |
| 营业利润率 | 1.2% | 5.2% |
| 净利率 | -0.8% | 6.2% |
| 营收同比 | — | 22.0% |
| 净利润同比 | — | 215.6% |
| 每股收益（稀释后） | $-0.03 | $0.18 |
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PRMBTOST
| Q4 25 | $1.6B | $1.6B | ||
| Q3 25 | $1.8B | $1.6B | ||
| Q2 25 | $1.7B | $1.6B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $0 | $1.3B | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $1.1B | $1.1B |
净利润PRMBTOST
| Q4 25 | $-13.0M | $101.0M | ||
| Q3 25 | $16.8M | $105.0M | ||
| Q2 25 | $27.6M | $80.0M | ||
| Q1 25 | $28.7M | $56.0M | ||
| Q4 24 | — | $32.0M | ||
| Q3 24 | $-2.0K | $56.0M | ||
| Q2 24 | $54.5M | $14.0M | ||
| Q1 24 | $33.5M | $-83.0M |
毛利率PRMBTOST
| Q4 25 | 27.7% | 25.9% | ||
| Q3 25 | 29.9% | 26.5% | ||
| Q2 25 | 31.3% | 25.3% | ||
| Q1 25 | 32.3% | 25.9% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | 32.7% | 23.0% | ||
| Q1 24 | 30.4% | 23.2% |
营业利润率PRMBTOST
| Q4 25 | 1.2% | 5.2% | ||
| Q3 25 | 8.3% | 5.1% | ||
| Q2 25 | 6.5% | 5.2% | ||
| Q1 25 | 9.5% | 3.2% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | 12.1% | 0.4% | ||
| Q1 24 | 11.0% | -5.2% |
净利率PRMBTOST
| Q4 25 | -0.8% | 6.2% | ||
| Q3 25 | 1.0% | 6.4% | ||
| Q2 25 | 1.6% | 5.2% | ||
| Q1 25 | 1.8% | 4.2% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 4.3% | ||
| Q2 24 | 4.1% | 1.1% | ||
| Q1 24 | 2.9% | -7.7% |
每股收益（稀释后）PRMBTOST
| Q4 25 | $-0.03 | $0.18 | ||
| Q3 25 | $0.04 | $0.16 | ||
| Q2 25 | $0.07 | $0.13 | ||
| Q1 25 | $0.08 | $0.09 | ||
| Q4 24 | — | $0.09 | ||
| Q3 24 | $-20.00 | $0.07 | ||
| Q2 24 | $0.25 | $0.02 | ||
| Q1 24 | $0.15 | $-0.15 |
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 | $376.7M | $1.4B |
| 总债务越低越好 | $5.2B | — |
| 股东权益账面价值 | $3.0B | $2.1B |
| 总资产 | $10.6B | $3.1B |
| 负债/权益比越低杠杆越低 | 1.72× | — |
8季度趋势，按日历期对齐
现金及短期投资PRMBTOST
| Q4 25 | $376.7M | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $903.0M | ||
| Q3 24 | — | $761.0M | ||
| Q2 24 | — | $691.0M | ||
| Q1 24 | — | $578.0M |
总债务PRMBTOST
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.0B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PRMBTOST
| Q4 25 | $3.0B | $2.1B | ||
| Q3 25 | $3.2B | $2.0B | ||
| Q2 25 | $3.2B | $1.8B | ||
| Q1 25 | $3.3B | $1.7B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $-2.0K | $1.4B | ||
| Q2 24 | $-296.8M | $1.3B | ||
| Q1 24 | $-349.8M | $1.2B |
总资产PRMBTOST
| Q4 25 | $10.6B | $3.1B | ||
| Q3 25 | $11.0B | $3.0B | ||
| Q2 25 | $11.0B | $2.8B | ||
| Q1 25 | $11.0B | $2.6B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | $0 | $2.2B | ||
| Q2 24 | — | $2.2B | ||
| Q1 24 | — | $2.1B |
负债/权益比PRMBTOST
| Q4 25 | 1.72× | — | ||
| Q3 25 | 1.61× | — | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $203.1M | $194.0M |
| 自由现金流经营现金流 - 资本支出 | $57.3M | $178.0M |
| 自由现金流率自由现金流/营收 | 3.7% | 10.9% |
| 资本支出强度资本支出/营收 | 9.4% | 1.0% |
| 现金转化率经营现金流/净利润 | — | 1.92× |
| 过去12个月自由现金流最近4个季度 | $302.9M | $608.0M |
8季度趋势，按日历期对齐
经营现金流PRMBTOST
| Q4 25 | $203.1M | $194.0M | ||
| Q3 25 | $283.4M | $165.0M | ||
| Q2 25 | $155.0M | $223.0M | ||
| Q1 25 | $38.8M | $79.0M | ||
| Q4 24 | — | $147.0M | ||
| Q3 24 | $0 | $109.0M | ||
| Q2 24 | $102.5M | $124.0M | ||
| Q1 24 | $6.0M | $-20.0M |
自由现金流PRMBTOST
| Q4 25 | $57.3M | $178.0M | ||
| Q3 25 | $167.7M | $153.0M | ||
| Q2 25 | $101.1M | $208.0M | ||
| Q1 25 | $-23.2M | $69.0M | ||
| Q4 24 | — | $134.0M | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | $61.4M | $108.0M | ||
| Q1 24 | $-17.5M | $-33.0M |
自由现金流率PRMBTOST
| Q4 25 | 3.7% | 10.9% | ||
| Q3 25 | 9.5% | 9.4% | ||
| Q2 25 | 5.8% | 13.4% | ||
| Q1 25 | -1.4% | 5.2% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | — | 7.4% | ||
| Q2 24 | 4.7% | 8.7% | ||
| Q1 24 | -1.5% | -3.1% |
资本支出强度PRMBTOST
| Q4 25 | 9.4% | 1.0% | ||
| Q3 25 | 6.6% | 0.7% | ||
| Q2 25 | 3.1% | 1.0% | ||
| Q1 25 | 3.8% | 0.7% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | 3.1% | 1.3% | ||
| Q1 24 | 2.1% | 1.2% |
现金转化率PRMBTOST
| Q4 25 | — | 1.92× | ||
| Q3 25 | 16.87× | 1.57× | ||
| Q2 25 | 5.62× | 2.79× | ||
| Q1 25 | 1.35× | 1.41× | ||
| Q4 24 | — | 4.59× | ||
| Q3 24 | — | 1.95× | ||
| Q2 24 | 1.88× | 8.86× | ||
| Q1 24 | 0.18× | — |
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
PRMB
| Regional Spring Water | $765.1M | 49% |
| Purified Water | $484.5M | 31% |
| Other | $188.4M | 12% |
| Premium Water | $90.3M | 6% |
| Other Water | $25.8M | 2% |
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
