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BOSTON BEER CO INC（SAM）与Tecnoglass Inc.（TGLS）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Tecnoglass Inc.的1.9倍（$461.6M vs $245.3M），Tecnoglass Inc.同比增速更快（2.4% vs -4.1%），过去两年Tecnoglass Inc.的营收复合增速更高（12.8% 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。
Tecnoglass Inc.是一家领先的建筑玻璃、铝制门窗及相关建材生产商，主要服务北美及拉美地区的住宅和商业建筑领域，为新建及翻新项目提供定制化、高能效的建筑解决方案。
SAM vs TGLS — 直观对比
营收规模更大
SAM
是对方的1.9倍
$245.3M
营收增速更快
TGLS
高出6.5%
-4.1%
两年增速更快
TGLS
近两年复合增速
-10.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $461.6M | $245.3M |
| 净利润 | — | $26.1M |
| 毛利率 | 46.4% | 40.0% |
| 营业利润率 | 12.4% | 18.3% |
| 净利率 | — | 10.6% |
| 营收同比 | -4.1% | 2.4% |
| 净利润同比 | — | -44.5% |
| 每股收益（稀释后） | $2.16 | $0.57 |
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SAMTGLS
| Q1 26 | $461.6M | — | ||
| Q4 25 | $385.7M | $245.3M | ||
| Q3 25 | $537.5M | $260.5M | ||
| Q2 25 | $587.9M | $255.5M | ||
| Q1 25 | $453.9M | $222.3M | ||
| Q4 24 | $402.3M | $239.6M | ||
| Q3 24 | $605.5M | $238.3M | ||
| Q2 24 | $579.1M | $219.7M |
净利润SAMTGLS
| Q1 26 | — | — | ||
| Q4 25 | $-22.5M | $26.1M | ||
| Q3 25 | $46.2M | $47.2M | ||
| Q2 25 | $60.4M | $44.1M | ||
| Q1 25 | $24.4M | $42.2M | ||
| Q4 24 | $-38.8M | $47.0M | ||
| Q3 24 | $33.5M | $49.5M | ||
| Q2 24 | $52.3M | $35.0M |
毛利率SAMTGLS
| Q1 26 | 46.4% | — | ||
| Q4 25 | 43.5% | 40.0% | ||
| Q3 25 | 50.8% | 42.7% | ||
| Q2 25 | 49.8% | 44.7% | ||
| Q1 25 | 48.3% | 43.9% | ||
| Q4 24 | 39.9% | 44.5% | ||
| Q3 24 | 46.3% | 45.8% | ||
| Q2 24 | 46.0% | 40.8% |
营业利润率SAMTGLS
| Q1 26 | 12.4% | — | ||
| Q4 25 | -8.6% | 18.3% | ||
| Q3 25 | 11.5% | 25.1% | ||
| Q2 25 | 14.0% | 24.0% | ||
| Q1 25 | 7.4% | 26.7% | ||
| Q4 24 | -13.9% | 28.0% | ||
| Q3 24 | 7.6% | 28.4% | ||
| Q2 24 | 12.2% | 23.3% |
净利率SAMTGLS
| Q1 26 | — | — | ||
| Q4 25 | -5.8% | 10.6% | ||
| Q3 25 | 8.6% | 18.1% | ||
| Q2 25 | 10.3% | 17.3% | ||
| Q1 25 | 5.4% | 19.0% | ||
| Q4 24 | -9.6% | 19.6% | ||
| Q3 24 | 5.5% | 20.8% | ||
| Q2 24 | 9.0% | 15.9% |
每股收益（稀释后）SAMTGLS
| Q1 26 | $2.16 | — | ||
| Q4 25 | $-1.97 | $0.57 | ||
| Q3 25 | $4.25 | $1.01 | ||
| Q2 25 | $5.45 | $0.94 | ||
| Q1 25 | $2.16 | $0.90 | ||
| Q4 24 | $-3.23 | $1.00 | ||
| Q3 24 | $2.86 | $1.05 | ||
| Q2 24 | $4.39 | $0.75 |
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 | $104.1M |
| 总债务越低越好 | — | $174.4M |
| 股东权益账面价值 | $682.6M | $713.1M |
| 总资产 | $1.2B | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资SAMTGLS
| Q1 26 | $164.1M | — | ||
| Q4 25 | $223.4M | $104.1M | ||
| Q3 25 | $250.5M | $127.1M | ||
| Q2 25 | $212.4M | $140.9M | ||
| Q1 25 | $152.5M | $160.2M | ||
| Q4 24 | $211.8M | $137.5M | ||
| Q3 24 | $255.6M | $124.8M | ||
| Q2 24 | $219.3M | $129.5M |
总债务SAMTGLS
| Q1 26 | — | — | ||
| Q4 25 | — | $174.4M | ||
| Q3 25 | — | $114.7M | ||
| Q2 25 | — | $110.6M | ||
| Q1 25 | — | $110.6M | ||
| Q4 24 | — | $111.1M | ||
| Q3 24 | — | $126.8M | ||
| Q2 24 | — | $144.7M |
股东权益SAMTGLS
| Q1 26 | $682.6M | — | ||
| Q4 25 | $846.3M | $713.1M | ||
| Q3 25 | $911.0M | $764.0M | ||
| Q2 25 | $912.3M | $736.0M | ||
| Q1 25 | $897.0M | $685.1M | ||
| Q4 24 | $916.2M | $631.2M | ||
| Q3 24 | $1.0B | $613.3M | ||
| Q2 24 | $1.0B | $574.8M |
总资产SAMTGLS
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $1.3B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.3B | $1.2B | ||
| Q1 25 | $1.2B | $1.1B | ||
| Q4 24 | $1.3B | $1.0B | ||
| Q3 24 | $1.4B | $996.3M | ||
| Q2 24 | $1.4B | $942.5M |
负债/权益比SAMTGLS
| Q1 26 | — | — | ||
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.25× |
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 | — | $31.0M |
| 自由现金流经营现金流 - 资本支出 | — | $11.4M |
| 自由现金流率自由现金流/营收 | — | 4.7% |
| 资本支出强度资本支出/营收 | — | 8.0% |
| 现金转化率经营现金流/净利润 | — | 1.19× |
| 过去12个月自由现金流最近4个季度 | — | $34.5M |
8季度趋势，按日历期对齐
经营现金流SAMTGLS
| Q1 26 | — | — | ||
| Q4 25 | $39.9M | $31.0M | ||
| Q3 25 | $101.8M | $40.0M | ||
| Q2 25 | $126.5M | $17.9M | ||
| Q1 25 | $1.9M | $46.9M | ||
| Q4 24 | $41.9M | $61.1M | ||
| Q3 24 | $115.9M | $41.5M | ||
| Q2 24 | $96.0M | $34.5M |
自由现金流SAMTGLS
| Q1 26 | — | — | ||
| Q4 25 | $22.1M | $11.4M | ||
| Q3 25 | $89.2M | $21.2M | ||
| Q2 25 | $112.2M | $-14.7M | ||
| Q1 25 | $-8.0M | $16.5M | ||
| Q4 24 | $18.4M | $35.4M | ||
| Q3 24 | $99.2M | $17.8M | ||
| Q2 24 | $75.6M | $14.2M |
自由现金流率SAMTGLS
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 4.7% | ||
| Q3 25 | 16.6% | 8.2% | ||
| Q2 25 | 19.1% | -5.7% | ||
| Q1 25 | -1.8% | 7.4% | ||
| Q4 24 | 4.6% | 14.8% | ||
| Q3 24 | 16.4% | 7.5% | ||
| Q2 24 | 13.1% | 6.5% |
资本支出强度SAMTGLS
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | 8.0% | ||
| Q3 25 | 2.3% | 7.2% | ||
| Q2 25 | 2.4% | 12.7% | ||
| Q1 25 | 2.2% | 13.7% | ||
| Q4 24 | 5.8% | 10.7% | ||
| Q3 24 | 2.8% | 9.9% | ||
| Q2 24 | 3.5% | 9.2% |
现金转化率SAMTGLS
| Q1 26 | — | — | ||
| Q4 25 | — | 1.19× | ||
| Q3 25 | 2.21× | 0.85× | ||
| Q2 25 | 2.09× | 0.41× | ||
| Q1 25 | 0.08× | 1.11× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | 3.46× | 0.84× | ||
| Q2 24 | 1.83× | 0.98× |
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
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
