vs
BOSTON BEER CO INC（SAM）与STANDARD MOTOR PRODUCTS, INC.（SMP）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STANDARD MOTOR PRODUCTS, INC.的1.2倍（$461.6M vs $385.1M），STANDARD MOTOR PRODUCTS, INC.同比增速更快（12.2% vs -4.1%），过去两年STANDARD MOTOR PRODUCTS, INC.的营收复合增速更高（7.8% vs -10.7%）
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。
标准汽车产品公司（SMP）是一家汽车零部件制造商与经销商，由埃利亚斯·法伊夫和拉尔夫·范艾伦于1919年合伙创立，1926年完成法人注册，总部位于纽约长岛市，在纽约证券交易所上市。公司目前设有车辆控制、温控、工程解决方案和尼森斯四大运营板块，为汽车售后市场供应相关零部件产品。
SAM vs SMP — 直观对比
营收规模更大
SAM
是对方的1.2倍
$385.1M
营收增速更快
SMP
高出16.3%
-4.1%
两年增速更快
SMP
近两年复合增速
-10.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $461.6M | $385.1M |
| 净利润 | — | $7.9M |
| 毛利率 | 46.4% | 31.7% |
| 营业利润率 | 12.4% | 5.6% |
| 净利率 | — | 2.0% |
| 营收同比 | -4.1% | 12.2% |
| 净利润同比 | — | 457.9% |
| 每股收益（稀释后） | $2.16 | $0.34 |
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SAMSMP
| Q1 26 | $461.6M | — | ||
| Q4 25 | $385.7M | $385.1M | ||
| Q3 25 | $537.5M | $498.8M | ||
| Q2 25 | $587.9M | $493.9M | ||
| Q1 25 | $453.9M | $413.4M | ||
| Q4 24 | $402.3M | $343.4M | ||
| Q3 24 | $605.5M | $399.3M | ||
| Q2 24 | $579.1M | $389.8M |
净利润SAMSMP
| Q1 26 | — | — | ||
| Q4 25 | $-22.5M | $7.9M | ||
| Q3 25 | $46.2M | $-4.3M | ||
| Q2 25 | $60.4M | $25.2M | ||
| Q1 25 | $24.4M | $12.6M | ||
| Q4 24 | $-38.8M | $-2.2M | ||
| Q3 24 | $33.5M | $3.8M | ||
| Q2 24 | $52.3M | $17.1M |
毛利率SAMSMP
| Q1 26 | 46.4% | — | ||
| Q4 25 | 43.5% | 31.7% | ||
| Q3 25 | 50.8% | 32.4% | ||
| Q2 25 | 49.8% | 30.6% | ||
| Q1 25 | 48.3% | 30.2% | ||
| Q4 24 | 39.9% | 29.4% | ||
| Q3 24 | 46.3% | 30.4% | ||
| Q2 24 | 46.0% | 28.6% |
营业利润率SAMSMP
| Q1 26 | 12.4% | — | ||
| Q4 25 | -8.6% | 5.6% | ||
| Q3 25 | 11.5% | 9.5% | ||
| Q2 25 | 14.0% | 8.7% | ||
| Q1 25 | 7.4% | 5.9% | ||
| Q4 24 | -13.9% | 1.1% | ||
| Q3 24 | 7.6% | 9.3% | ||
| Q2 24 | 12.2% | 6.4% |
净利率SAMSMP
| Q1 26 | — | — | ||
| Q4 25 | -5.8% | 2.0% | ||
| Q3 25 | 8.6% | -0.9% | ||
| Q2 25 | 10.3% | 5.1% | ||
| Q1 25 | 5.4% | 3.0% | ||
| Q4 24 | -9.6% | -0.6% | ||
| Q3 24 | 5.5% | 1.0% | ||
| Q2 24 | 9.0% | 4.4% |
每股收益（稀释后）SAMSMP
| Q1 26 | $2.16 | — | ||
| Q4 25 | $-1.97 | $0.34 | ||
| Q3 25 | $4.25 | $-0.19 | ||
| Q2 25 | $5.45 | $1.13 | ||
| Q1 25 | $2.16 | $0.56 | ||
| Q4 24 | $-3.23 | $-0.09 | ||
| Q3 24 | $2.86 | $0.17 | ||
| Q2 24 | $4.39 | $0.77 |
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 | $164.1M | — |
| 总债务越低越好 | — | $618.7M |
| 股东权益账面价值 | $682.6M | $683.7M |
| 总资产 | $1.2B | $2.0B |
| 负债/权益比越低杠杆越低 | — | 0.90× |
8季度趋势，按日历期对齐
现金及短期投资SAMSMP
| Q1 26 | $164.1M | — | ||
| Q4 25 | $223.4M | — | ||
| Q3 25 | $250.5M | $87.2M | ||
| Q2 25 | $212.4M | $58.8M | ||
| Q1 25 | $152.5M | $50.3M | ||
| Q4 24 | $211.8M | $44.4M | ||
| Q3 24 | $255.6M | $26.3M | ||
| Q2 24 | $219.3M | $26.2M |
总债务SAMSMP
| Q1 26 | — | — | ||
| Q4 25 | — | $618.7M | ||
| Q3 25 | — | $589.5M | ||
| Q2 25 | — | $636.6M | ||
| Q1 25 | — | $650.6M | ||
| Q4 24 | — | $562.3M | ||
| Q3 24 | — | $142.8M | ||
| Q2 24 | — | $208.2M |
股东权益SAMSMP
| Q1 26 | $682.6M | — | ||
| Q4 25 | $846.3M | $683.7M | ||
| Q3 25 | $911.0M | $677.4M | ||
| Q2 25 | $912.3M | $688.6M | ||
| Q1 25 | $897.0M | $638.0M | ||
| Q4 24 | $916.2M | $615.7M | ||
| Q3 24 | $1.0B | $638.8M | ||
| Q2 24 | $1.0B | $640.0M |
总资产SAMSMP
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $2.0B | ||
| Q3 25 | $1.2B | $2.0B | ||
| Q2 25 | $1.3B | $2.0B | ||
| Q1 25 | $1.2B | $1.9B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.4B | $1.4B |
负债/权益比SAMSMP
| Q1 26 | — | — | ||
| Q4 25 | — | 0.90× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.92× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | — | 0.91× | ||
| Q3 24 | — | 0.22× | ||
| Q2 24 | — | 0.33× |
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 | — | $-28.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-37.6M |
| 自由现金流率自由现金流/营收 | — | -9.8% |
| 资本支出强度资本支出/营收 | — | 2.4% |
| 现金转化率经营现金流/净利润 | — | -3.59× |
| 过去12个月自由现金流最近4个季度 | — | $18.7M |
8季度趋势，按日历期对齐
经营现金流SAMSMP
| Q1 26 | — | — | ||
| Q4 25 | $39.9M | $-28.2M | ||
| Q3 25 | $101.8M | $91.6M | ||
| Q2 25 | $126.5M | $54.3M | ||
| Q1 25 | $1.9M | $-60.2M | ||
| Q4 24 | $41.9M | $-1.5M | ||
| Q3 24 | $115.9M | $88.3M | ||
| Q2 24 | $96.0M | $35.6M |
自由现金流SAMSMP
| Q1 26 | — | — | ||
| Q4 25 | $22.1M | $-37.6M | ||
| Q3 25 | $89.2M | $81.5M | ||
| Q2 25 | $112.2M | $44.2M | ||
| Q1 25 | $-8.0M | $-69.4M | ||
| Q4 24 | $18.4M | $-11.4M | ||
| Q3 24 | $99.2M | $77.1M | ||
| Q2 24 | $75.6M | $22.7M |
自由现金流率SAMSMP
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | -9.8% | ||
| Q3 25 | 16.6% | 16.3% | ||
| Q2 25 | 19.1% | 8.9% | ||
| Q1 25 | -1.8% | -16.8% | ||
| Q4 24 | 4.6% | -3.3% | ||
| Q3 24 | 16.4% | 19.3% | ||
| Q2 24 | 13.1% | 5.8% |
资本支出强度SAMSMP
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | 2.4% | ||
| Q3 25 | 2.3% | 2.0% | ||
| Q2 25 | 2.4% | 2.1% | ||
| Q1 25 | 2.2% | 2.2% | ||
| Q4 24 | 5.8% | 2.9% | ||
| Q3 24 | 2.8% | 2.8% | ||
| Q2 24 | 3.5% | 3.3% |
现金转化率SAMSMP
| Q1 26 | — | — | ||
| Q4 25 | — | -3.59× | ||
| Q3 25 | 2.21× | — | ||
| Q2 25 | 2.09× | 2.15× | ||
| Q1 25 | 0.08× | -4.79× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.46× | 23.19× | ||
| Q2 24 | 1.83× | 2.09× |
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
SAM
暂无分部数据
SMP
| Engineered Solutions | $66.1M | 17% |
| Electrical And Safety | $63.6M | 17% |
| Temperature Control | $61.5M | 16% |
| Europe Excluding Poland | $55.5M | 14% |
| Other Thermal Components | $30.7M | 8% |
| Air Conditioning | $22.7M | 6% |
| Commercial Vehicle | $19.7M | 5% |
| All Other | $18.9M | 5% |
| PL | $16.0M | 4% |
| Wire Sets And Other | $11.9M | 3% |
| Engine Efficiency | $10.0M | 3% |
| Construction Agriculture | $7.8M | 2% |
