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BOSTON BEER CO INC（SAM）与WillScot Holdings Corp（WSC）财务数据对比。点击上方公司名可切换其他公司
WillScot Holdings Corp的季度营收约是BOSTON BEER CO INC的1.2倍（$566.0M vs $461.6M），BOSTON BEER CO INC同比增速更快（-4.1% vs -6.1%），过去两年WillScot Holdings Corp的营收复合增速更高（-1.8% 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。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
SAM vs WSC — 直观对比
营收规模更大
WSC
是对方的1.2倍
$461.6M
营收增速更快
SAM
高出2.0%
-6.1%
两年增速更快
WSC
近两年复合增速
-10.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $461.6M | $566.0M |
| 净利润 | — | $-187.3M |
| 毛利率 | 46.4% | 50.4% |
| 营业利润率 | 12.4% | -32.5% |
| 净利率 | — | -33.1% |
| 营收同比 | -4.1% | -6.1% |
| 净利润同比 | — | -310.0% |
| 每股收益（稀释后） | $2.16 | $-1.02 |
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SAMWSC
| Q1 26 | $461.6M | — | ||
| Q4 25 | $385.7M | $566.0M | ||
| Q3 25 | $537.5M | $566.8M | ||
| Q2 25 | $587.9M | $589.1M | ||
| Q1 25 | $453.9M | $559.6M | ||
| Q4 24 | $402.3M | $602.5M | ||
| Q3 24 | $605.5M | $601.4M | ||
| Q2 24 | $579.1M | $604.6M |
净利润SAMWSC
| Q1 26 | — | — | ||
| Q4 25 | $-22.5M | $-187.3M | ||
| Q3 25 | $46.2M | $43.3M | ||
| Q2 25 | $60.4M | $47.9M | ||
| Q1 25 | $24.4M | $43.1M | ||
| Q4 24 | $-38.8M | $89.2M | ||
| Q3 24 | $33.5M | $-70.5M | ||
| Q2 24 | $52.3M | $-46.9M |
毛利率SAMWSC
| Q1 26 | 46.4% | — | ||
| Q4 25 | 43.5% | 50.4% | ||
| Q3 25 | 50.8% | 49.7% | ||
| Q2 25 | 49.8% | 50.3% | ||
| Q1 25 | 48.3% | 53.7% | ||
| Q4 24 | 39.9% | 55.8% | ||
| Q3 24 | 46.3% | 53.5% | ||
| Q2 24 | 46.0% | 54.1% |
营业利润率SAMWSC
| Q1 26 | 12.4% | — | ||
| Q4 25 | -8.6% | -32.5% | ||
| Q3 25 | 11.5% | 21.0% | ||
| Q2 25 | 14.0% | 21.5% | ||
| Q1 25 | 7.4% | 21.3% | ||
| Q4 24 | -13.9% | 28.9% | ||
| Q3 24 | 7.6% | -5.9% | ||
| Q2 24 | 12.2% | -0.9% |
净利率SAMWSC
| Q1 26 | — | — | ||
| Q4 25 | -5.8% | -33.1% | ||
| Q3 25 | 8.6% | 7.6% | ||
| Q2 25 | 10.3% | 8.1% | ||
| Q1 25 | 5.4% | 7.7% | ||
| Q4 24 | -9.6% | 14.8% | ||
| Q3 24 | 5.5% | -11.7% | ||
| Q2 24 | 9.0% | -7.7% |
每股收益（稀释后）SAMWSC
| Q1 26 | $2.16 | — | ||
| Q4 25 | $-1.97 | $-1.02 | ||
| Q3 25 | $4.25 | $0.24 | ||
| Q2 25 | $5.45 | $0.26 | ||
| Q1 25 | $2.16 | $0.23 | ||
| Q4 24 | $-3.23 | $0.48 | ||
| Q3 24 | $2.86 | $-0.37 | ||
| Q2 24 | $4.39 | $-0.25 |
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 | $14.6M |
| 总债务越低越好 | — | $3.6B |
| 股东权益账面价值 | $682.6M | $856.3M |
| 总资产 | $1.2B | $5.8B |
| 负债/权益比越低杠杆越低 | — | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资SAMWSC
| Q1 26 | $164.1M | — | ||
| Q4 25 | $223.4M | $14.6M | ||
| Q3 25 | $250.5M | $14.8M | ||
| Q2 25 | $212.4M | $12.8M | ||
| Q1 25 | $152.5M | $10.7M | ||
| Q4 24 | $211.8M | $9.0M | ||
| Q3 24 | $255.6M | $11.0M | ||
| Q2 24 | $219.3M | $5.9M |
总债务SAMWSC
| Q1 26 | — | — | ||
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B |
股东权益SAMWSC
| Q1 26 | $682.6M | — | ||
| Q4 25 | $846.3M | $856.3M | ||
| Q3 25 | $911.0M | $1.1B | ||
| Q2 25 | $912.3M | $1.0B | ||
| Q1 25 | $897.0M | $1.0B | ||
| Q4 24 | $916.2M | $1.0B | ||
| Q3 24 | $1.0B | $1.1B | ||
| Q2 24 | $1.0B | $1.2B |
总资产SAMWSC
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $5.8B | ||
| Q3 25 | $1.2B | $6.1B | ||
| Q2 25 | $1.3B | $6.1B | ||
| Q1 25 | $1.2B | $6.0B | ||
| Q4 24 | $1.3B | $6.0B | ||
| Q3 24 | $1.4B | $6.0B | ||
| Q2 24 | $1.4B | $6.0B |
负债/权益比SAMWSC
| Q1 26 | — | — | ||
| Q4 25 | — | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | — | 3.42× | ||
| Q2 24 | — | 2.88× |
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 | — | $158.9M |
| 自由现金流经营现金流 - 资本支出 | — | $149.7M |
| 自由现金流率自由现金流/营收 | — | 26.5% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 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 | — | $737.7M |
8季度趋势，按日历期对齐
经营现金流SAMWSC
| Q1 26 | — | — | ||
| Q4 25 | $39.9M | $158.9M | ||
| Q3 25 | $101.8M | $191.2M | ||
| Q2 25 | $126.5M | $205.3M | ||
| Q1 25 | $1.9M | $206.6M | ||
| Q4 24 | $41.9M | $178.9M | ||
| Q3 24 | $115.9M | $-1.6M | ||
| Q2 24 | $96.0M | $175.6M |
自由现金流SAMWSC
| Q1 26 | — | — | ||
| Q4 25 | $22.1M | $149.7M | ||
| Q3 25 | $89.2M | $186.9M | ||
| Q2 25 | $112.2M | $199.0M | ||
| Q1 25 | $-8.0M | $202.0M | ||
| Q4 24 | $18.4M | $176.6M | ||
| Q3 24 | $99.2M | $-4.9M | ||
| Q2 24 | $75.6M | $169.4M |
自由现金流率SAMWSC
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 26.5% | ||
| Q3 25 | 16.6% | 33.0% | ||
| Q2 25 | 19.1% | 33.8% | ||
| Q1 25 | -1.8% | 36.1% | ||
| Q4 24 | 4.6% | 29.3% | ||
| Q3 24 | 16.4% | -0.8% | ||
| Q2 24 | 13.1% | 28.0% |
资本支出强度SAMWSC
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | 1.6% | ||
| Q3 25 | 2.3% | 0.7% | ||
| Q2 25 | 2.4% | 1.1% | ||
| Q1 25 | 2.2% | 0.8% | ||
| Q4 24 | 5.8% | 0.4% | ||
| Q3 24 | 2.8% | 0.6% | ||
| Q2 24 | 3.5% | 1.0% |
现金转化率SAMWSC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.21× | 4.41× | ||
| Q2 25 | 2.09× | 4.28× | ||
| Q1 25 | 0.08× | 4.80× | ||
| Q4 24 | — | 2.01× | ||
| 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
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
