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BOSTON BEER CO INC（SAM）与StubHub Holdings, Inc.（STUB）财务数据对比。点击上方公司名可切换其他公司
StubHub Holdings, Inc.的季度营收约是BOSTON BEER CO INC的1.0倍（$468.1M vs $461.6M），StubHub Holdings, Inc.同比增速更快（7.9% vs -4.1%）
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。
StubHub Holdings是全球领先的在线票务交易平台，提供演唱会、体育赛事、戏剧演出等各类现场娱乐活动的门票转售及直购服务，覆盖北美、欧洲、亚太等核心市场，为消费者、活动主办方和票务卖家提供安全可靠的交易渠道。
SAM vs STUB — 直观对比
营收规模更大
STUB
是对方的1.0倍
$461.6M
营收增速更快
STUB
高出12.0%
-4.1%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $461.6M | $468.1M |
| 净利润 | — | $-1.3B |
| 毛利率 | 46.4% | — |
| 营业利润率 | 12.4% | -292.3% |
| 净利率 | — | -276.6% |
| 营收同比 | -4.1% | 7.9% |
| 净利润同比 | — | -3821.6% |
| 每股收益（稀释后） | $2.16 | $-4.27 |
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SAMSTUB
| Q1 26 | $461.6M | — | ||
| Q4 25 | $385.7M | — | ||
| Q3 25 | $537.5M | $468.1M | ||
| Q2 25 | $587.9M | — | ||
| Q1 25 | $453.9M | — | ||
| Q4 24 | $402.3M | — | ||
| Q3 24 | $605.5M | $433.8M | ||
| Q2 24 | $579.1M | — |
净利润SAMSTUB
| Q1 26 | — | — | ||
| Q4 25 | $-22.5M | — | ||
| Q3 25 | $46.2M | $-1.3B | ||
| Q2 25 | $60.4M | — | ||
| Q1 25 | $24.4M | — | ||
| Q4 24 | $-38.8M | — | ||
| Q3 24 | $33.5M | $-33.0M | ||
| Q2 24 | $52.3M | — |
毛利率SAMSTUB
| Q1 26 | 46.4% | — | ||
| Q4 25 | 43.5% | — | ||
| Q3 25 | 50.8% | — | ||
| Q2 25 | 49.8% | — | ||
| Q1 25 | 48.3% | — | ||
| Q4 24 | 39.9% | — | ||
| Q3 24 | 46.3% | — | ||
| Q2 24 | 46.0% | — |
营业利润率SAMSTUB
| Q1 26 | 12.4% | — | ||
| Q4 25 | -8.6% | — | ||
| Q3 25 | 11.5% | -292.3% | ||
| Q2 25 | 14.0% | — | ||
| Q1 25 | 7.4% | — | ||
| Q4 24 | -13.9% | — | ||
| Q3 24 | 7.6% | 2.8% | ||
| Q2 24 | 12.2% | — |
净利率SAMSTUB
| Q1 26 | — | — | ||
| Q4 25 | -5.8% | — | ||
| Q3 25 | 8.6% | -276.6% | ||
| Q2 25 | 10.3% | — | ||
| Q1 25 | 5.4% | — | ||
| Q4 24 | -9.6% | — | ||
| Q3 24 | 5.5% | -7.6% | ||
| Q2 24 | 9.0% | — |
每股收益（稀释后）SAMSTUB
| Q1 26 | $2.16 | — | ||
| Q4 25 | $-1.97 | — | ||
| Q3 25 | $4.25 | $-4.27 | ||
| Q2 25 | $5.45 | — | ||
| Q1 25 | $2.16 | — | ||
| Q4 24 | $-3.23 | — | ||
| Q3 24 | $2.86 | $-0.15 | ||
| Q2 24 | $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 | $164.1M | $1.4B |
| 总债务越低越好 | — | $1.7B |
| 股东权益账面价值 | $682.6M | $1.7B |
| 总资产 | $1.2B | $5.6B |
| 负债/权益比越低杠杆越低 | — | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资SAMSTUB
| Q1 26 | $164.1M | — | ||
| Q4 25 | $223.4M | — | ||
| Q3 25 | $250.5M | $1.4B | ||
| Q2 25 | $212.4M | — | ||
| Q1 25 | $152.5M | — | ||
| Q4 24 | $211.8M | — | ||
| Q3 24 | $255.6M | $1.1B | ||
| Q2 24 | $219.3M | — |
总债务SAMSTUB
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益SAMSTUB
| Q1 26 | $682.6M | — | ||
| Q4 25 | $846.3M | — | ||
| Q3 25 | $911.0M | $1.7B | ||
| Q2 25 | $912.3M | — | ||
| Q1 25 | $897.0M | — | ||
| Q4 24 | $916.2M | — | ||
| Q3 24 | $1.0B | $815.9M | ||
| Q2 24 | $1.0B | — |
总资产SAMSTUB
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | $5.6B | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — |
负债/权益比SAMSTUB
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.98× | ||
| Q2 25 | — | — | ||
| 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 | — | $181.4M |
| 自由现金流经营现金流 - 资本支出 | — | $180.3M |
| 自由现金流率自由现金流/营收 | — | 38.5% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 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SAMSTUB
| Q1 26 | — | — | ||
| Q4 25 | $39.9M | — | ||
| Q3 25 | $101.8M | $181.4M | ||
| Q2 25 | $126.5M | — | ||
| Q1 25 | $1.9M | — | ||
| Q4 24 | $41.9M | — | ||
| Q3 24 | $115.9M | — | ||
| Q2 24 | $96.0M | — |
自由现金流SAMSTUB
| Q1 26 | — | — | ||
| Q4 25 | $22.1M | — | ||
| Q3 25 | $89.2M | $180.3M | ||
| Q2 25 | $112.2M | — | ||
| Q1 25 | $-8.0M | — | ||
| Q4 24 | $18.4M | — | ||
| Q3 24 | $99.2M | — | ||
| Q2 24 | $75.6M | — |
自由现金流率SAMSTUB
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | — | ||
| Q3 25 | 16.6% | 38.5% | ||
| Q2 25 | 19.1% | — | ||
| Q1 25 | -1.8% | — | ||
| Q4 24 | 4.6% | — | ||
| Q3 24 | 16.4% | — | ||
| Q2 24 | 13.1% | — |
资本支出强度SAMSTUB
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | — | ||
| Q3 25 | 2.3% | 0.2% | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 5.8% | — | ||
| Q3 24 | 2.8% | — | ||
| Q2 24 | 3.5% | — |
现金转化率SAMSTUB
| 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
SAM
暂无分部数据
STUB
| Transaction Fees | $453.4M | 97% |
| Other | $14.7M | 3% |
