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BOSTON BEER CO INC（SAM）与SUN COMMUNITIES INC（SUI）财务数据对比。点击上方公司名可切换其他公司
SUN COMMUNITIES INC的季度营收约是BOSTON BEER CO INC的1.8倍（$697.2M vs $385.7M），SUN COMMUNITIES INC净利率更高（1.7% vs -5.8%，领先7.6%），BOSTON BEER CO INC同比增速更快（-4.1% vs -25.8%），过去两年SUN COMMUNITIES INC的营收复合增速更高（-2.1% vs -4.9%）
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。
Sun Communities是一家上市房地产投资信托基金，核心投资品类为预制住宅社区及房车营地物业。截至2025年6月2日，该公司在美国、加拿大、英国三地合计持有500处相关资产的权益，专注于居住及休闲类不动产投资领域。
SAM vs SUI — 直观对比
营收规模更大
SUI
是对方的1.8倍
$385.7M
营收增速更快
SAM
高出21.7%
-25.8%
净利率更高
SUI
高出7.6%
-5.8%
两年增速更快
SUI
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $385.7M | $697.2M |
| 净利润 | $-22.5M | $12.1M |
| 毛利率 | 43.5% | — |
| 营业利润率 | -8.6% | — |
| 净利率 | -5.8% | 1.7% |
| 营收同比 | -4.1% | -25.8% |
| 净利润同比 | 41.9% | -96.0% |
| 每股收益（稀释后） | $-1.97 | $0.07 |
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SAMSUI
| Q4 25 | $385.7M | — | ||
| Q3 25 | $537.5M | $697.2M | ||
| Q2 25 | $587.9M | $623.5M | ||
| Q1 25 | $453.9M | $470.2M | ||
| Q4 24 | $402.3M | $745.9M | ||
| Q3 24 | $605.5M | $939.9M | ||
| Q2 24 | $579.1M | $864.0M | ||
| Q1 24 | $426.1M | $671.3M |
净利润SAMSUI
| Q4 25 | $-22.5M | — | ||
| Q3 25 | $46.2M | $12.1M | ||
| Q2 25 | $60.4M | $1.3B | ||
| Q1 25 | $24.4M | $-41.2M | ||
| Q4 24 | $-38.8M | $-228.4M | ||
| Q3 24 | $33.5M | $300.5M | ||
| Q2 24 | $52.3M | $56.7M | ||
| Q1 24 | $12.6M | $-25.2M |
毛利率SAMSUI
| 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% | — | ||
| Q1 24 | 43.7% | — |
营业利润率SAMSUI
| Q4 25 | -8.6% | — | ||
| Q3 25 | 11.5% | — | ||
| Q2 25 | 14.0% | — | ||
| Q1 25 | 7.4% | — | ||
| Q4 24 | -13.9% | — | ||
| Q3 24 | 7.6% | — | ||
| Q2 24 | 12.2% | — | ||
| Q1 24 | 3.6% | — |
净利率SAMSUI
| Q4 25 | -5.8% | — | ||
| Q3 25 | 8.6% | 1.7% | ||
| Q2 25 | 10.3% | 210.8% | ||
| Q1 25 | 5.4% | -8.8% | ||
| Q4 24 | -9.6% | -30.6% | ||
| Q3 24 | 5.5% | 32.0% | ||
| Q2 24 | 9.0% | 6.6% | ||
| Q1 24 | 3.0% | -3.8% |
每股收益（稀释后）SAMSUI
| Q4 25 | $-1.97 | — | ||
| Q3 25 | $4.25 | $0.07 | ||
| Q2 25 | $5.45 | $10.02 | ||
| Q1 25 | $2.16 | $-0.34 | ||
| Q4 24 | $-3.23 | $-1.80 | ||
| Q3 24 | $2.86 | $2.31 | ||
| Q2 24 | $4.39 | $0.42 | ||
| Q1 24 | $1.04 | $-0.22 |
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 | $223.4M | $542.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $846.3M | $7.0B |
| 总资产 | $1.2B | $12.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资SAMSUI
| Q4 25 | $223.4M | — | ||
| Q3 25 | $250.5M | $542.7M | ||
| Q2 25 | $212.4M | $889.7M | ||
| Q1 25 | $152.5M | — | ||
| Q4 24 | $211.8M | $47.4M | ||
| Q3 24 | $255.6M | — | ||
| Q2 24 | $219.3M | — | ||
| Q1 24 | $205.4M | — |
总债务SAMSUI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $7.4B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益SAMSUI
| Q4 25 | $846.3M | — | ||
| Q3 25 | $911.0M | $7.0B | ||
| Q2 25 | $912.3M | $7.4B | ||
| Q1 25 | $897.0M | $6.9B | ||
| Q4 24 | $916.2M | $7.1B | ||
| Q3 24 | $1.0B | $7.5B | ||
| Q2 24 | $1.0B | $6.9B | ||
| Q1 24 | $1.0B | $6.9B |
总资产SAMSUI
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | $12.8B | ||
| Q2 25 | $1.3B | $13.4B | ||
| Q1 25 | $1.2B | $16.5B | ||
| Q4 24 | $1.3B | $16.5B | ||
| Q3 24 | $1.4B | $17.1B | ||
| Q2 24 | $1.4B | $17.0B | ||
| Q1 24 | $1.4B | $17.1B |
负债/权益比SAMSUI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.04× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $39.9M | $197.8M |
| 自由现金流经营现金流 - 资本支出 | $22.1M | — |
| 自由现金流率自由现金流/营收 | 5.7% | — |
| 资本支出强度资本支出/营收 | 4.6% | — |
| 现金转化率经营现金流/净利润 | — | 16.35× |
| 过去12个月自由现金流最近4个季度 | $215.6M | — |
8季度趋势，按日历期对齐
经营现金流SAMSUI
| Q4 25 | $39.9M | — | ||
| Q3 25 | $101.8M | $197.8M | ||
| Q2 25 | $126.5M | $256.0M | ||
| Q1 25 | $1.9M | $243.9M | ||
| Q4 24 | $41.9M | $118.0M | ||
| Q3 24 | $115.9M | $189.2M | ||
| Q2 24 | $96.0M | $311.3M | ||
| Q1 24 | $-4.9M | $242.5M |
自由现金流SAMSUI
| Q4 25 | $22.1M | — | ||
| Q3 25 | $89.2M | — | ||
| Q2 25 | $112.2M | — | ||
| Q1 25 | $-8.0M | — | ||
| Q4 24 | $18.4M | — | ||
| Q3 24 | $99.2M | — | ||
| Q2 24 | $75.6M | — | ||
| Q1 24 | $-20.6M | — |
自由现金流率SAMSUI
| Q4 25 | 5.7% | — | ||
| Q3 25 | 16.6% | — | ||
| Q2 25 | 19.1% | — | ||
| Q1 25 | -1.8% | — | ||
| Q4 24 | 4.6% | — | ||
| Q3 24 | 16.4% | — | ||
| Q2 24 | 13.1% | — | ||
| Q1 24 | -4.8% | — |
资本支出强度SAMSUI
| Q4 25 | 4.6% | — | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 5.8% | — | ||
| Q3 24 | 2.8% | — | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | 3.7% | — |
现金转化率SAMSUI
| Q4 25 | — | — | ||
| Q3 25 | 2.21× | 16.35× | ||
| Q2 25 | 2.09× | 0.19× | ||
| Q1 25 | 0.08× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.46× | 0.63× | ||
| Q2 24 | 1.83× | 5.49× | ||
| Q1 24 | -0.39× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
