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印度钢铁管理局（SAIL）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
BOSTON BEER CO INC的季度营收约是印度钢铁管理局的1.6倍（$461.6M vs $281.9M），印度钢铁管理局同比增速更快（6.7% vs -4.1%）
印度钢铁管理局（SAIL）是总部位于新德里的印度公营钢铁制造企业，属印度最高级别的“马哈拉特纳”中央公共部门企业，是印度最大的国有钢铁生产商，年钢铁产量达1829万吨，1973年1月24日成立，现有员工5.1万余名，由印度钢铁部行政管理。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
SAIL vs SAM — 直观对比
营收规模更大
SAM
是对方的1.6倍
$281.9M
营收增速更快
SAIL
高出10.8%
-4.1%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $281.9M | $461.6M |
| 净利润 | $-36.0M | — |
| 毛利率 | 66.3% | 46.4% |
| 营业利润率 | -14.8% | 12.4% |
| 净利率 | -12.8% | — |
| 营收同比 | 6.7% | -4.1% |
| 净利润同比 | -240.9% | — |
| 每股收益（稀释后） | $-0.06 | $2.16 |
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SAILSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $281.9M | $385.7M | ||
| Q3 25 | $264.4M | $537.5M | ||
| Q2 25 | $230.5M | $587.9M | ||
| Q1 25 | $240.1M | $453.9M | ||
| Q4 24 | — | $402.3M | ||
| Q3 24 | $198.6M | $605.5M | ||
| Q2 24 | $187.7M | $579.1M |
净利润SAILSAM
| Q1 26 | — | — | ||
| Q4 25 | $-36.0M | $-22.5M | ||
| Q3 25 | $-10.6M | $46.2M | ||
| Q2 25 | $-187.3M | $60.4M | ||
| Q1 25 | $-80.1M | $24.4M | ||
| Q4 24 | — | $-38.8M | ||
| Q3 24 | $-87.1M | $33.5M | ||
| Q2 24 | $-89.2M | $52.3M |
毛利率SAILSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | 66.3% | 43.5% | ||
| Q3 25 | 67.3% | 50.8% | ||
| Q2 25 | 55.4% | 49.8% | ||
| Q1 25 | 66.5% | 48.3% | ||
| Q4 24 | — | 39.9% | ||
| Q3 24 | 62.1% | 46.3% | ||
| Q2 24 | 61.5% | 46.0% |
营业利润率SAILSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | -14.8% | -8.6% | ||
| Q3 25 | -15.4% | 11.5% | ||
| Q2 25 | -80.3% | 14.0% | ||
| Q1 25 | -12.6% | 7.4% | ||
| Q4 24 | — | -13.9% | ||
| Q3 24 | -33.2% | 7.6% | ||
| Q2 24 | -36.3% | 12.2% |
净利率SAILSAM
| Q1 26 | — | — | ||
| Q4 25 | -12.8% | -5.8% | ||
| Q3 25 | -4.0% | 8.6% | ||
| Q2 25 | -81.3% | 10.3% | ||
| Q1 25 | -33.4% | 5.4% | ||
| Q4 24 | — | -9.6% | ||
| Q3 24 | -43.9% | 5.5% | ||
| Q2 24 | -47.5% | 9.0% |
每股收益（稀释后）SAILSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | $-0.06 | $-1.97 | ||
| Q3 25 | $-0.02 | $4.25 | ||
| Q2 25 | $-0.42 | $5.45 | ||
| Q1 25 | $-6.50 | $2.16 | ||
| Q4 24 | — | $-3.23 | ||
| Q3 24 | $-2.97 | $2.86 | ||
| Q2 24 | $-0.77 | $4.39 |
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 | $298.1M | $164.1M |
| 总债务越低越好 | $0 | — |
| 股东权益账面价值 | $6.8B | $682.6M |
| 总资产 | $7.5B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资SAILSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | $298.1M | $223.4M | ||
| Q3 25 | $271.1M | $250.5M | ||
| Q2 25 | $228.1M | $212.4M | ||
| Q1 25 | $121.3M | $152.5M | ||
| Q4 24 | — | $211.8M | ||
| Q3 24 | $89.7M | $255.6M | ||
| Q2 24 | $146.8M | $219.3M |
总债务SAILSAM
| Q1 26 | — | — | ||
| Q4 25 | $0 | — | ||
| Q3 25 | $0 | — | ||
| Q2 25 | $0 | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益SAILSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $6.8B | $846.3M | ||
| Q3 25 | $6.8B | $911.0M | ||
| Q2 25 | $6.8B | $912.3M | ||
| Q1 25 | $-5.6B | $897.0M | ||
| Q4 24 | — | $916.2M | ||
| Q3 24 | $-701.3M | $1.0B | ||
| Q2 24 | $-622.5M | $1.0B |
总资产SAILSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $7.5B | $1.2B | ||
| Q3 25 | $7.4B | $1.2B | ||
| Q2 25 | $7.4B | $1.3B | ||
| Q1 25 | $7.4B | $1.2B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B |
负债/权益比SAILSAM
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $53.6M | — |
| 自由现金流经营现金流 - 资本支出 | $52.5M | — |
| 自由现金流率自由现金流/营收 | 18.6% | — |
| 资本支出强度资本支出/营收 | 0.4% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流SAILSAM
| Q1 26 | — | — | ||
| Q4 25 | $53.6M | $39.9M | ||
| Q3 25 | $49.9M | $101.8M | ||
| Q2 25 | $-96.8M | $126.5M | ||
| Q1 25 | — | $1.9M | ||
| Q4 24 | — | $41.9M | ||
| Q3 24 | — | $115.9M | ||
| Q2 24 | $-55.4M | $96.0M |
自由现金流SAILSAM
| Q1 26 | — | — | ||
| Q4 25 | $52.5M | $22.1M | ||
| Q3 25 | $49.0M | $89.2M | ||
| Q2 25 | $-99.0M | $112.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $18.4M | ||
| Q3 24 | — | $99.2M | ||
| Q2 24 | $-56.0M | $75.6M |
自由现金流率SAILSAM
| Q1 26 | — | — | ||
| Q4 25 | 18.6% | 5.7% | ||
| Q3 25 | 18.5% | 16.6% | ||
| Q2 25 | -43.0% | 19.1% | ||
| Q1 25 | — | -1.8% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | -29.8% | 13.1% |
资本支出强度SAILSAM
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 4.6% | ||
| Q3 25 | 0.4% | 2.3% | ||
| Q2 25 | 1.0% | 2.4% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | 0.3% | 3.5% |
现金转化率SAILSAM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.21× | ||
| Q2 25 | — | 2.09× | ||
| Q1 25 | — | 0.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.46× | ||
| Q2 24 | — | 1.83× |
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
SAIL
| Software As A Service Saa S | $156.0M | 55% |
| Term Subscriptions Services | $65.1M | 23% |
| Maintenance | $38.0M | 13% |
| Other | $15.7M | 6% |
| Other Subscription Services | $7.1M | 3% |
SAM
暂无分部数据
