vs
Primo Brands Corp（PRMB）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
威富集团的季度营收约是Primo Brands Corp的1.8倍（$2.9B vs $1.6B），威富集团净利率更高（10.5% vs 1.7%，领先8.8%），威富集团同比增速更快（1.5% vs 0.8%），过去两年Primo Brands Corp的营收复合增速更高（19.7% vs 10.1%）
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。
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。
PRMB vs VFC — 直观对比
营收规模更大
VFC
是对方的1.8倍
$1.6B
营收增速更快
VFC
高出0.7%
0.8%
净利率更高
VFC
高出8.8%
1.7%
两年增速更快
PRMB
近两年复合增速
10.1%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.9B |
| 净利润 | $27.3M | $300.8M |
| 毛利率 | 28.6% | 56.6% |
| 营业利润率 | 8.5% | 10.1% |
| 净利率 | 1.7% | 10.5% |
| 营收同比 | 0.8% | 1.5% |
| 净利润同比 | -4.9% | 79.3% |
| 每股收益（稀释后） | $0.07 | $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PRMBVFC
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $2.9B | ||
| Q3 25 | $1.8B | $2.8B | ||
| Q2 25 | $1.7B | $1.8B | ||
| Q1 25 | $1.6B | $2.0B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | $0 | $2.8B | ||
| Q2 24 | $1.3B | $1.9B |
净利润PRMBVFC
| Q1 26 | $27.3M | — | ||
| Q4 25 | $-13.0M | $300.8M | ||
| Q3 25 | $16.8M | $189.8M | ||
| Q2 25 | $27.6M | $-116.4M | ||
| Q1 25 | $28.7M | $-150.8M | ||
| Q4 24 | — | $167.8M | ||
| Q3 24 | $-2.0K | $52.2M | ||
| Q2 24 | $54.5M | $-258.9M |
毛利率PRMBVFC
| Q1 26 | 28.6% | — | ||
| Q4 25 | 27.7% | 56.6% | ||
| Q3 25 | 29.9% | 52.2% | ||
| Q2 25 | 31.3% | 53.9% | ||
| Q1 25 | 32.3% | 52.7% | ||
| Q4 24 | — | 56.3% | ||
| Q3 24 | — | 52.2% | ||
| Q2 24 | 32.7% | 52.0% |
营业利润率PRMBVFC
| Q1 26 | 8.5% | — | ||
| Q4 25 | 1.2% | 10.1% | ||
| Q3 25 | 8.3% | 11.2% | ||
| Q2 25 | 6.5% | -4.9% | ||
| Q1 25 | 9.5% | 2.2% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 9.9% | ||
| Q2 24 | 12.1% | -12.6% |
净利率PRMBVFC
| Q1 26 | 1.7% | — | ||
| Q4 25 | -0.8% | 10.5% | ||
| Q3 25 | 1.0% | 6.8% | ||
| Q2 25 | 1.6% | -6.6% | ||
| Q1 25 | 1.8% | -7.5% | ||
| Q4 24 | — | 5.9% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | 4.1% | -13.6% |
每股收益（稀释后）PRMBVFC
| Q1 26 | $0.07 | — | ||
| Q4 25 | $-0.03 | $0.76 | ||
| Q3 25 | $0.04 | $0.48 | ||
| Q2 25 | $0.07 | $-0.30 | ||
| Q1 25 | $0.08 | $-0.37 | ||
| Q4 24 | — | $0.43 | ||
| Q3 24 | $-20.00 | $0.13 | ||
| Q2 24 | $0.25 | $-0.67 |
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 | — | $1.5B |
| 总债务越低越好 | $5.2B | $3.6B |
| 股东权益账面价值 | $3.0B | $1.8B |
| 总资产 | $10.6B | $10.4B |
| 负债/权益比越低杠杆越低 | 1.74× | 1.99× |
8季度趋势，按日历期对齐
现金及短期投资PRMBVFC
| Q1 26 | — | — | ||
| Q4 25 | $376.7M | $1.5B | ||
| Q3 25 | — | $419.1M | ||
| Q2 25 | — | $642.4M | ||
| Q1 25 | — | $429.4M | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $492.2M | ||
| Q2 24 | — | $637.4M |
总债务PRMBVFC
| Q1 26 | $5.2B | — | ||
| Q4 25 | $5.2B | $3.6B | ||
| Q3 25 | $5.1B | $3.5B | ||
| Q2 25 | $5.1B | $3.6B | ||
| Q1 25 | $5.0B | $3.4B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $3.9B |
股东权益PRMBVFC
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.0B | $1.8B | ||
| Q3 25 | $3.2B | $1.5B | ||
| Q2 25 | $3.2B | $1.3B | ||
| Q1 25 | $3.3B | $1.5B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $-2.0K | $1.4B | ||
| Q2 24 | $-296.8M | $1.4B |
总资产PRMBVFC
| Q1 26 | $10.6B | — | ||
| Q4 25 | $10.6B | $10.4B | ||
| Q3 25 | $11.0B | $10.6B | ||
| Q2 25 | $11.0B | $10.2B | ||
| Q1 25 | $11.0B | $9.4B | ||
| Q4 24 | — | $10.6B | ||
| Q3 24 | $0 | $12.2B | ||
| Q2 24 | — | $11.5B |
负债/权益比PRMBVFC
| Q1 26 | 1.74× | — | ||
| Q4 25 | 1.72× | 1.99× | ||
| Q3 25 | 1.61× | 2.40× | ||
| Q2 25 | 1.57× | 2.76× | ||
| Q1 25 | 1.51× | 2.30× | ||
| Q4 24 | — | 2.31× | ||
| Q3 24 | — | 2.86× | ||
| Q2 24 | — | 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 | $103.8M | $1.0B |
| 自由现金流经营现金流 - 资本支出 | — | $977.9M |
| 自由现金流率自由现金流/营收 | — | 34.0% |
| 资本支出强度资本支出/营收 | 2.9% | 1.1% |
| 现金转化率经营现金流/净利润 | 3.80× | 3.36× |
| 过去12个月自由现金流最近4个季度 | — | $357.6M |
8季度趋势，按日历期对齐
经营现金流PRMBVFC
| Q1 26 | $103.8M | — | ||
| Q4 25 | $203.1M | $1.0B | ||
| Q3 25 | $283.4M | $-227.0M | ||
| Q2 25 | $155.0M | $-145.5M | ||
| Q1 25 | $38.8M | $-171.1M | ||
| Q4 24 | — | $918.1M | ||
| Q3 24 | $0 | $-301.6M | ||
| Q2 24 | $102.5M | $19.8M |
自由现金流PRMBVFC
| Q1 26 | — | — | ||
| Q4 25 | $57.3M | $977.9M | ||
| Q3 25 | $167.7M | $-253.5M | ||
| Q2 25 | $101.1M | $-173.7M | ||
| Q1 25 | $-23.2M | $-193.0M | ||
| Q4 24 | — | $899.7M | ||
| Q3 24 | — | $-322.4M | ||
| Q2 24 | $61.4M | $-5.4M |
自由现金流率PRMBVFC
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 34.0% | ||
| Q3 25 | 9.5% | -9.0% | ||
| Q2 25 | 5.8% | -9.9% | ||
| Q1 25 | -1.4% | -9.6% | ||
| Q4 24 | — | 31.7% | ||
| Q3 24 | — | -11.7% | ||
| Q2 24 | 4.7% | -0.3% |
资本支出强度PRMBVFC
| Q1 26 | 2.9% | — | ||
| Q4 25 | 9.4% | 1.1% | ||
| Q3 25 | 6.6% | 0.9% | ||
| Q2 25 | 3.1% | 1.6% | ||
| Q1 25 | 3.8% | 1.1% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | 3.1% | 1.3% |
现金转化率PRMBVFC
| Q1 26 | 3.80× | — | ||
| Q4 25 | — | 3.36× | ||
| Q3 25 | 16.87× | -1.20× | ||
| Q2 25 | 5.62× | — | ||
| Q1 25 | 1.35× | — | ||
| Q4 24 | — | 5.47× | ||
| Q3 24 | — | -5.78× | ||
| Q2 24 | 1.88× | — |
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 | $801.2M | 49% |
| Purified water | $511.2M | 31% |
| Other | $208.2M | 13% |
| Premium water | $105.5M | 6% |
VFC
| Outdoor | $1.9B | 67% |
| Sales Channel Through Intermediary | $813.4M | 28% |
| Other | $136.3M | 5% |
