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拉夫劳伦（RL）与J.M. Smucker Company (The)（SJM）财务数据对比。点击上方公司名可切换其他公司
拉夫劳伦的季度营收约是J.M. Smucker Company (The)的1.0倍（$2.4B vs $2.3B），拉夫劳伦净利率更高（15.0% vs 10.4%，领先4.7%），拉夫劳伦同比增速更快（12.2% vs 2.6%），拉夫劳伦自由现金流更多（$704.0M vs $280.2M），过去两年拉夫劳伦的营收复合增速更高（23.9% vs 2.2%）
拉夫劳伦是源自美国的跨国时尚巨头，旗下同名高端时尚品牌风靡全球，企业规模达数十亿美元。品牌创始人拉夫劳伦于2015年9月卸任首席执行官，仍留任执行董事长兼首席创意官，主导品牌创意与整体发展方向。
J.M.斯马克公司是美国食品饮料生产企业，总部位于俄亥俄州奥维尔，1897年成立之初主营苹果酱生产，目前旗下设消费食品、宠物食品、咖啡三大业务板块，核心品牌Smucker's主打果酱、花生酱、糖浆、无皮冷冻三明治、冰淇淋顶料等产品。
RL vs SJM — 直观对比
营收规模更大
RL
是对方的1.0倍
$2.3B
营收增速更快
RL
高出9.7%
2.6%
净利率更高
RL
高出4.7%
10.4%
自由现金流更多
RL
多$423.8M
$280.2M
两年增速更快
RL
近两年复合增速
2.2%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $2.3B |
| 净利润 | $361.6M | $241.3M |
| 毛利率 | 69.9% | 37.3% |
| 营业利润率 | 19.6% | 18.0% |
| 净利率 | 15.0% | 10.4% |
| 营收同比 | 12.2% | 2.6% |
| 净利润同比 | 21.6% | 1084.9% |
| 每股收益（稀释后） | $5.82 | $2.26 |
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RLSJM
| Q4 25 | $2.4B | $2.3B | ||
| Q3 25 | $2.0B | $2.1B | ||
| Q2 25 | $1.7B | $2.1B | ||
| Q1 25 | $1.7B | $2.2B | ||
| Q4 24 | $2.1B | $2.3B | ||
| Q3 24 | $1.7B | $2.1B | ||
| Q2 24 | $1.5B | $2.2B | ||
| Q1 24 | $1.6B | $2.2B |
净利润RLSJM
| Q4 25 | $361.6M | $241.3M | ||
| Q3 25 | $207.5M | $-43.9M | ||
| Q2 25 | $220.4M | $-729.0M | ||
| Q1 25 | $129.0M | $-662.3M | ||
| Q4 24 | $297.4M | $-24.5M | ||
| Q3 24 | $147.9M | $185.0M | ||
| Q2 24 | $168.6M | $245.1M | ||
| Q1 24 | $90.7M | $120.4M |
毛利率RLSJM
| Q4 25 | 69.9% | 37.3% | ||
| Q3 25 | 68.0% | 22.5% | ||
| Q2 25 | 72.3% | 38.4% | ||
| Q1 25 | 68.7% | 40.2% | ||
| Q4 24 | 68.4% | 39.0% | ||
| Q3 24 | 67.0% | 37.5% | ||
| Q2 24 | 70.5% | 41.4% | ||
| Q1 24 | 66.6% | 36.9% |
营业利润率RLSJM
| Q4 25 | 19.6% | 18.0% | ||
| Q3 25 | 12.2% | 2.2% | ||
| Q2 25 | 15.9% | -27.9% | ||
| Q1 25 | 9.1% | -27.2% | ||
| Q4 24 | 18.2% | 7.5% | ||
| Q3 24 | 10.4% | 16.4% | ||
| Q2 24 | 13.8% | 18.4% | ||
| Q1 24 | 6.9% | 13.3% |
净利率RLSJM
| Q4 25 | 15.0% | 10.4% | ||
| Q3 25 | 10.3% | -2.1% | ||
| Q2 25 | 12.8% | -34.0% | ||
| Q1 25 | 7.6% | -30.3% | ||
| Q4 24 | 13.9% | -1.1% | ||
| Q3 24 | 8.6% | 8.7% | ||
| Q2 24 | 11.1% | 11.1% | ||
| Q1 24 | 5.8% | 5.4% |
每股收益（稀释后）RLSJM
| Q4 25 | $5.82 | $2.26 | ||
| Q3 25 | $3.32 | $-0.41 | ||
| Q2 25 | $3.52 | $-6.86 | ||
| Q1 25 | $2.03 | $-6.22 | ||
| Q4 24 | $4.66 | $-0.23 | ||
| Q3 24 | $2.31 | $1.74 | ||
| Q2 24 | $2.61 | $2.31 | ||
| Q1 24 | $1.37 | $1.13 |
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 | $2.3B | — |
| 总债务越低越好 | — | $7.0B |
| 股东权益账面价值 | $2.9B | $6.1B |
| 总资产 | $7.8B | $17.6B |
| 负债/权益比越低杠杆越低 | — | 1.16× |
8季度趋势，按日历期对齐
现金及短期投资RLSJM
| Q4 25 | $2.3B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $1.8B | — |
总债务RLSJM
| Q4 25 | — | $7.0B | ||
| Q3 25 | — | $7.0B | ||
| Q2 25 | — | $7.0B | ||
| Q1 25 | — | $7.4B | ||
| Q4 24 | — | $7.8B | ||
| Q3 24 | — | $7.8B | ||
| Q2 24 | — | $7.8B | ||
| Q1 24 | — | $8.1B |
股东权益RLSJM
| Q4 25 | $2.9B | $6.1B | ||
| Q3 25 | $2.6B | $5.9B | ||
| Q2 25 | $2.5B | $6.1B | ||
| Q1 25 | $2.6B | $6.9B | ||
| Q4 24 | $2.5B | $7.6B | ||
| Q3 24 | $2.4B | $7.8B | ||
| Q2 24 | $2.4B | $7.7B | ||
| Q1 24 | $2.5B | $7.6B |
总资产RLSJM
| Q4 25 | $7.8B | $17.6B | ||
| Q3 25 | $7.3B | $17.7B | ||
| Q2 25 | $7.8B | $17.6B | ||
| Q1 25 | $7.0B | $18.4B | ||
| Q4 24 | $7.1B | $20.0B | ||
| Q3 24 | $6.8B | $20.3B | ||
| Q2 24 | $6.6B | $20.3B | ||
| Q1 24 | $6.6B | $20.2B |
负债/权益比RLSJM
| Q4 25 | — | 1.16× | ||
| Q3 25 | — | 1.19× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | — | 1.07× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.00× | ||
| Q2 24 | — | 1.01× | ||
| Q1 24 | — | 1.07× |
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 | $779.6M | $346.5M |
| 自由现金流经营现金流 - 资本支出 | $704.0M | $280.2M |
| 自由现金流率自由现金流/营收 | 29.3% | 12.0% |
| 资本支出强度资本支出/营收 | 3.1% | 2.8% |
| 现金转化率经营现金流/净利润 | 2.16× | 1.44× |
| 过去12个月自由现金流最近4个季度 | $694.5M | $635.5M |
8季度趋势，按日历期对齐
经营现金流RLSJM
| Q4 25 | $779.6M | $346.5M | ||
| Q3 25 | $53.2M | $-10.6M | ||
| Q2 25 | $176.1M | $393.9M | ||
| Q1 25 | $122.2M | $239.4M | ||
| Q4 24 | $738.4M | $404.2M | ||
| Q3 24 | $97.2M | $172.9M | ||
| Q2 24 | $277.3M | $428.1M | ||
| Q1 24 | — | $406.5M |
自由现金流RLSJM
| Q4 25 | $704.0M | $280.2M | ||
| Q3 25 | $-40.6M | $-94.9M | ||
| Q2 25 | $-11.2M | $298.9M | ||
| Q1 25 | $42.3M | $151.3M | ||
| Q4 24 | $677.2M | $317.2M | ||
| Q3 24 | $55.5M | $49.2M | ||
| Q2 24 | $243.9M | $297.5M | ||
| Q1 24 | — | $249.6M |
自由现金流率RLSJM
| Q4 25 | 29.3% | 12.0% | ||
| Q3 25 | -2.0% | -4.5% | ||
| Q2 25 | -0.7% | 13.9% | ||
| Q1 25 | 2.5% | 6.9% | ||
| Q4 24 | 31.6% | 14.0% | ||
| Q3 24 | 3.2% | 2.3% | ||
| Q2 24 | 16.1% | 13.5% | ||
| Q1 24 | — | 11.2% |
资本支出强度RLSJM
| Q4 25 | 3.1% | 2.8% | ||
| Q3 25 | 4.7% | 4.0% | ||
| Q2 25 | 10.9% | 4.4% | ||
| Q1 25 | 4.7% | 4.0% | ||
| Q4 24 | 2.9% | 3.8% | ||
| Q3 24 | 2.4% | 5.8% | ||
| Q2 24 | 2.2% | 5.9% | ||
| Q1 24 | — | 7.0% |
现金转化率RLSJM
| Q4 25 | 2.16× | 1.44× | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 0.95× | — | ||
| Q4 24 | 2.48× | — | ||
| Q3 24 | 0.66× | 0.93× | ||
| Q2 24 | 1.64× | 1.75× | ||
| Q1 24 | — | 3.38× |
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
RL
暂无分部数据
SJM
| U.S.Retail Frozen Handheld And Spreads | $461.1M | 20% |
| U.S.Retail Pet Foods | $413.2M | 18% |
| Handheld Frozen Sandwiches | $262.9M | 11% |
| Sweet Baked Snacks | $256.1M | 11% |
| Pet Snacks | $232.0M | 10% |
| Cat Food | $197.2M | 8% |
| Peanut Butter | $187.1M | 8% |
| CA | $94.5M | 4% |
| Fruit Spreads | $92.2M | 4% |
| Other | $50.5M | 2% |
| Portion Control | $50.1M | 2% |
| All Other International | $33.2M | 1% |
