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BOSTON BEER CO INC（SAM）与Tyler Technologies（TYL）财务数据对比。点击上方公司名可切换其他公司
Tyler Technologies的季度营收约是BOSTON BEER CO INC的1.3倍（$613.5M vs $461.6M），Tyler Technologies同比增速更快（8.6% vs -4.1%），过去两年Tyler Technologies的营收复合增速更高（6.5% 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。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
SAM vs TYL — 直观对比
营收规模更大
TYL
是对方的1.3倍
$461.6M
营收增速更快
TYL
高出12.7%
-4.1%
两年增速更快
TYL
近两年复合增速
-10.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $461.6M | $613.5M |
| 净利润 | — | $81.2M |
| 毛利率 | 46.4% | 48.3% |
| 营业利润率 | 12.4% | 16.3% |
| 净利率 | — | 13.2% |
| 营收同比 | -4.1% | 8.6% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $2.16 | $1.88 |
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SAMTYL
| Q1 26 | $461.6M | $613.5M | ||
| Q4 25 | $385.7M | $575.2M | ||
| Q3 25 | $537.5M | $595.9M | ||
| Q2 25 | $587.9M | $596.1M | ||
| Q1 25 | $453.9M | $565.2M | ||
| Q4 24 | $402.3M | $541.1M | ||
| Q3 24 | $605.5M | $543.3M | ||
| Q2 24 | $579.1M | $541.0M |
净利润SAMTYL
| Q1 26 | — | $81.2M | ||
| Q4 25 | $-22.5M | $65.5M | ||
| Q3 25 | $46.2M | $84.4M | ||
| Q2 25 | $60.4M | $84.6M | ||
| Q1 25 | $24.4M | $81.1M | ||
| Q4 24 | $-38.8M | $65.2M | ||
| Q3 24 | $33.5M | $75.9M | ||
| Q2 24 | $52.3M | $67.7M |
毛利率SAMTYL
| Q1 26 | 46.4% | 48.3% | ||
| Q4 25 | 43.5% | 45.5% | ||
| Q3 25 | 50.8% | 47.2% | ||
| Q2 25 | 49.8% | 45.8% | ||
| Q1 25 | 48.3% | 47.3% | ||
| Q4 24 | 39.9% | 43.8% | ||
| Q3 24 | 46.3% | 43.7% | ||
| Q2 24 | 46.0% | 44.0% |
营业利润率SAMTYL
| Q1 26 | 12.4% | 16.3% | ||
| Q4 25 | -8.6% | 13.0% | ||
| Q3 25 | 11.5% | 16.4% | ||
| Q2 25 | 14.0% | 16.0% | ||
| Q1 25 | 7.4% | 15.8% | ||
| Q4 24 | -13.9% | 13.2% | ||
| Q3 24 | 7.6% | 15.2% | ||
| Q2 24 | 12.2% | 14.4% |
净利率SAMTYL
| Q1 26 | — | 13.2% | ||
| Q4 25 | -5.8% | 11.4% | ||
| Q3 25 | 8.6% | 14.2% | ||
| Q2 25 | 10.3% | 14.2% | ||
| Q1 25 | 5.4% | 14.3% | ||
| Q4 24 | -9.6% | 12.1% | ||
| Q3 24 | 5.5% | 14.0% | ||
| Q2 24 | 9.0% | 12.5% |
每股收益（稀释后）SAMTYL
| Q1 26 | $2.16 | $1.88 | ||
| Q4 25 | $-1.97 | $1.50 | ||
| Q3 25 | $4.25 | $1.93 | ||
| Q2 25 | $5.45 | $1.93 | ||
| Q1 25 | $2.16 | $1.84 | ||
| Q4 24 | $-3.23 | $1.48 | ||
| Q3 24 | $2.86 | $1.74 | ||
| Q2 24 | $4.39 | $1.57 |
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 | $346.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $682.6M | $3.6B |
| 总资产 | $1.2B | $4.8B |
| 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SAMTYL
| Q1 26 | $164.1M | $346.4M | ||
| Q4 25 | $223.4M | $1.1B | ||
| Q3 25 | $250.5M | $950.8M | ||
| Q2 25 | $212.4M | $892.3M | ||
| Q1 25 | $152.5M | $807.4M | ||
| Q4 24 | $211.8M | $768.0M | ||
| Q3 24 | $255.6M | $544.3M | ||
| Q2 24 | $219.3M | $258.0M |
总债务SAMTYL
| Q1 26 | — | — | ||
| Q4 25 | — | $599.7M | ||
| Q3 25 | — | $599.2M | ||
| Q2 25 | — | $598.8M | ||
| Q1 25 | — | $598.4M | ||
| Q4 24 | — | $597.9M | ||
| Q3 24 | — | $597.5M | ||
| Q2 24 | — | $597.1M |
股东权益SAMTYL
| Q1 26 | $682.6M | $3.6B | ||
| Q4 25 | $846.3M | $3.7B | ||
| Q3 25 | $911.0M | $3.6B | ||
| Q2 25 | $912.3M | $3.6B | ||
| Q1 25 | $897.0M | $3.5B | ||
| Q4 24 | $916.2M | $3.4B | ||
| Q3 24 | $1.0B | $3.3B | ||
| Q2 24 | $1.0B | $3.1B |
总资产SAMTYL
| Q1 26 | $1.2B | $4.8B | ||
| Q4 25 | $1.2B | $5.6B | ||
| Q3 25 | $1.2B | $5.5B | ||
| Q2 25 | $1.3B | $5.4B | ||
| Q1 25 | $1.2B | $5.2B | ||
| Q4 24 | $1.3B | $5.2B | ||
| Q3 24 | $1.4B | $5.0B | ||
| Q2 24 | $1.4B | $4.8B |
负债/权益比SAMTYL
| Q1 26 | — | — | ||
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.16× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.19× |
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 | — | $107.3M |
| 自由现金流经营现金流 - 资本支出 | — | $2.0M |
| 自由现金流率自由现金流/营收 | — | 0.3% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.32× |
| 过去12个月自由现金流最近4个季度 | — | $585.7M |
8季度趋势，按日历期对齐
经营现金流SAMTYL
| Q1 26 | — | $107.3M | ||
| Q4 25 | $39.9M | $243.9M | ||
| Q3 25 | $101.8M | $255.2M | ||
| Q2 25 | $126.5M | $98.3M | ||
| Q1 25 | $1.9M | $56.2M | ||
| Q4 24 | $41.9M | $224.8M | ||
| Q3 24 | $115.9M | $263.7M | ||
| Q2 24 | $96.0M | $64.3M |
自由现金流SAMTYL
| Q1 26 | — | $2.0M | ||
| Q4 25 | $22.1M | $239.6M | ||
| Q3 25 | $89.2M | $251.3M | ||
| Q2 25 | $112.2M | $92.8M | ||
| Q1 25 | $-8.0M | $53.8M | ||
| Q4 24 | $18.4M | $221.0M | ||
| Q3 24 | $99.2M | $260.8M | ||
| Q2 24 | $75.6M | $57.7M |
自由现金流率SAMTYL
| Q1 26 | — | 0.3% | ||
| Q4 25 | 5.7% | 41.7% | ||
| Q3 25 | 16.6% | 42.2% | ||
| Q2 25 | 19.1% | 15.6% | ||
| Q1 25 | -1.8% | 9.5% | ||
| Q4 24 | 4.6% | 40.8% | ||
| Q3 24 | 16.4% | 48.0% | ||
| Q2 24 | 13.1% | 10.7% |
资本支出强度SAMTYL
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | 0.8% | ||
| Q3 25 | 2.3% | 0.7% | ||
| Q2 25 | 2.4% | 0.9% | ||
| Q1 25 | 2.2% | 0.4% | ||
| Q4 24 | 5.8% | 0.7% | ||
| Q3 24 | 2.8% | 0.5% | ||
| Q2 24 | 3.5% | 1.2% |
现金转化率SAMTYL
| Q1 26 | — | 1.32× | ||
| Q4 25 | — | 3.72× | ||
| Q3 25 | 2.21× | 3.02× | ||
| Q2 25 | 2.09× | 1.16× | ||
| Q1 25 | 0.08× | 0.69× | ||
| Q4 24 | — | 3.45× | ||
| Q3 24 | 3.46× | 3.47× | ||
| Q2 24 | 1.83× | 0.95× |
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
TYL
| Subscriptions | $429.7M | 70% |
| Maintenance | $108.9M | 18% |
| Other | $74.9M | 12% |
