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SILGAN HOLDINGS INC（SLGN）与百胜餐饮集团（YUM）财务数据对比。点击上方公司名可切换其他公司
百胜餐饮集团的季度营收约是SILGAN HOLDINGS INC的1.7倍（$2.5B vs $1.5B），百胜餐饮集团净利率更高（21.3% vs 1.2%，领先20.0%），百胜餐饮集团同比增速更快（6.5% vs 4.1%），SILGAN HOLDINGS INC自由现金流更多（$1.2B vs $482.0M），过去两年百胜餐饮集团的营收复合增速更高（25.5% vs 5.6%）
西尔根控股是一家总部位于美国康涅狄格州的消费品包装制造企业，1987年由原大陆制罐公司的两名高管菲尔·西尔弗与格雷格·霍里根共同创立，公司名称正是取自两位创始人的名字组合，目前在全球包装供应链中占据重要市场地位，为众多快消品牌提供各类包装解决方案。
百胜餐饮集团是美国跨国快餐企业，前身为百事可乐1977年收购肯德基、必胜客、塔可贝尔后成立的子公司，1997年从百事可乐分拆独立。目前集团运营肯德基、必胜客、塔可贝尔、哈比特汉堡等知名餐饮品牌，同时持有多家科技公司为业务发展提供支持。
SLGN vs YUM — 直观对比
营收规模更大
YUM
是对方的1.7倍
$1.5B
营收增速更快
YUM
高出2.4%
4.1%
净利率更高
YUM
高出20.0%
1.2%
自由现金流更多
SLGN
多$740.5M
$482.0M
两年增速更快
YUM
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $2.5B |
| 净利润 | $18.2M | $535.0M |
| 毛利率 | 17.2% | 67.6% |
| 营业利润率 | 3.6% | 29.3% |
| 净利率 | 1.2% | 21.3% |
| 营收同比 | 4.1% | 6.5% |
| 净利润同比 | -59.6% | 26.5% |
| 每股收益（稀释后） | $0.18 | $1.91 |
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SLGNYUM
| Q4 25 | $1.5B | $2.5B | ||
| Q3 25 | $2.0B | $2.0B | ||
| Q2 25 | $1.5B | $1.9B | ||
| Q1 25 | $1.5B | $1.8B | ||
| Q4 24 | $1.4B | $2.4B | ||
| Q3 24 | $1.7B | $1.8B | ||
| Q2 24 | $1.4B | $1.8B | ||
| Q1 24 | $1.3B | $1.6B |
净利润SLGNYUM
| Q4 25 | $18.2M | $535.0M | ||
| Q3 25 | $113.3M | $397.0M | ||
| Q2 25 | $88.9M | $374.0M | ||
| Q1 25 | $68.0M | $253.0M | ||
| Q4 24 | $45.1M | $423.0M | ||
| Q3 24 | $100.1M | $382.0M | ||
| Q2 24 | $76.1M | $367.0M | ||
| Q1 24 | $55.2M | $314.0M |
毛利率SLGNYUM
| Q4 25 | 17.2% | 67.6% | ||
| Q3 25 | 16.3% | 70.3% | ||
| Q2 25 | 19.4% | 71.0% | ||
| Q1 25 | 18.4% | 70.9% | ||
| Q4 24 | 16.9% | 69.2% | ||
| Q3 24 | 16.8% | 71.4% | ||
| Q2 24 | 18.5% | 73.3% | ||
| Q1 24 | 17.0% | 75.0% |
营业利润率SLGNYUM
| Q4 25 | 3.6% | 29.3% | ||
| Q3 25 | 7.4% | 33.7% | ||
| Q2 25 | 7.7% | 32.2% | ||
| Q1 25 | 6.0% | 30.7% | ||
| Q4 24 | 3.4% | 27.8% | ||
| Q3 24 | 7.2% | 33.9% | ||
| Q2 24 | 7.3% | 34.4% | ||
| Q1 24 | 5.5% | 32.5% |
净利率SLGNYUM
| Q4 25 | 1.2% | 21.3% | ||
| Q3 25 | 5.6% | 20.1% | ||
| Q2 25 | 5.8% | 19.3% | ||
| Q1 25 | 4.6% | 14.2% | ||
| Q4 24 | 3.2% | 17.9% | ||
| Q3 24 | 5.7% | 20.9% | ||
| Q2 24 | 5.5% | 20.8% | ||
| Q1 24 | 4.2% | 19.6% |
每股收益（稀释后）SLGNYUM
| Q4 25 | $0.18 | $1.91 | ||
| Q3 25 | $1.06 | $1.41 | ||
| Q2 25 | $0.83 | $1.33 | ||
| Q1 25 | $0.63 | $0.90 | ||
| Q4 24 | $0.42 | $1.49 | ||
| Q3 24 | $0.93 | $1.35 | ||
| Q2 24 | $0.71 | $1.28 | ||
| Q1 24 | $0.52 | $1.10 |
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 | $1.1B | $709.0M |
| 总债务越低越好 | — | $11.9B |
| 股东权益账面价值 | $2.3B | $-7.3B |
| 总资产 | $9.4B | $8.2B |
| 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SLGNYUM
| Q4 25 | $1.1B | $709.0M | ||
| Q3 25 | $389.2M | $1.0B | ||
| Q2 25 | $317.5M | $677.0M | ||
| Q1 25 | $353.0M | $607.0M | ||
| Q4 24 | $822.9M | $707.0M | ||
| Q3 24 | $368.5M | $548.0M | ||
| Q2 24 | $302.8M | $520.0M | ||
| Q1 24 | $308.6M | $652.0M |
总债务SLGNYUM
| Q4 25 | — | $11.9B | ||
| Q3 25 | — | $11.5B | ||
| Q2 25 | — | $10.4B | ||
| Q1 25 | — | $11.3B | ||
| Q4 24 | — | $11.3B | ||
| Q3 24 | — | $11.2B | ||
| Q2 24 | — | $11.1B | ||
| Q1 24 | — | $11.1B |
股东权益SLGNYUM
| Q4 25 | $2.3B | $-7.3B | ||
| Q3 25 | $2.3B | $-7.5B | ||
| Q2 25 | $2.2B | $-7.7B | ||
| Q1 25 | $2.1B | $-7.8B | ||
| Q4 24 | $2.0B | $-7.6B | ||
| Q3 24 | $2.1B | $-7.7B | ||
| Q2 24 | $1.9B | $-7.6B | ||
| Q1 24 | $1.9B | $-7.8B |
总资产SLGNYUM
| Q4 25 | $9.4B | $8.2B | ||
| Q3 25 | $9.5B | $7.2B | ||
| Q2 25 | $9.4B | $6.9B | ||
| Q1 25 | $8.8B | $6.7B | ||
| Q4 24 | $8.6B | $6.7B | ||
| Q3 24 | $7.7B | $6.5B | ||
| Q2 24 | $7.7B | $6.4B | ||
| Q1 24 | $7.6B | $6.2B |
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 | $1.3B | $617.0M |
| 自由现金流经营现金流 - 资本支出 | $1.2B | $482.0M |
| 自由现金流率自由现金流/营收 | 83.2% | 19.2% |
| 资本支出强度资本支出/营收 | 4.9% | 5.4% |
| 现金转化率经营现金流/净利润 | 71.07× | 1.15× |
| 过去12个月自由现金流最近4个季度 | $422.7M | $1.6B |
8季度趋势，按日历期对齐
经营现金流SLGNYUM
| Q4 25 | $1.3B | $617.0M | ||
| Q3 25 | $340.9M | $543.0M | ||
| Q2 25 | $-221.4M | $446.0M | ||
| Q1 25 | $-683.4M | $404.0M | ||
| Q4 24 | $935.8M | $513.0M | ||
| Q3 24 | $313.0M | $471.0M | ||
| Q2 24 | $20.9M | $342.0M | ||
| Q1 24 | $-547.8M | $363.0M |
自由现金流SLGNYUM
| Q4 25 | $1.2B | $482.0M | ||
| Q3 25 | $260.8M | $449.0M | ||
| Q2 25 | $-294.2M | $375.0M | ||
| Q1 25 | $-766.3M | $333.0M | ||
| Q4 24 | $865.0M | $407.0M | ||
| Q3 24 | $252.4M | $419.0M | ||
| Q2 24 | $-35.3M | $292.0M | ||
| Q1 24 | $-623.1M | $314.0M |
自由现金流率SLGNYUM
| Q4 25 | 83.2% | 19.2% | ||
| Q3 25 | 13.0% | 22.7% | ||
| Q2 25 | -19.1% | 19.4% | ||
| Q1 25 | -52.2% | 18.6% | ||
| Q4 24 | 61.3% | 17.2% | ||
| Q3 24 | 14.5% | 22.9% | ||
| Q2 24 | -2.6% | 16.6% | ||
| Q1 24 | -47.3% | 19.6% |
资本支出强度SLGNYUM
| Q4 25 | 4.9% | 5.4% | ||
| Q3 25 | 4.0% | 4.7% | ||
| Q2 25 | 4.7% | 3.7% | ||
| Q1 25 | 5.7% | 4.0% | ||
| Q4 24 | 5.0% | 4.5% | ||
| Q3 24 | 3.5% | 2.8% | ||
| Q2 24 | 4.1% | 2.8% | ||
| Q1 24 | 5.7% | 3.1% |
现金转化率SLGNYUM
| Q4 25 | 71.07× | 1.15× | ||
| Q3 25 | 3.01× | 1.37× | ||
| Q2 25 | -2.49× | 1.19× | ||
| Q1 25 | -10.06× | 1.60× | ||
| Q4 24 | 20.77× | 1.21× | ||
| Q3 24 | 3.13× | 1.23× | ||
| Q2 24 | 0.27× | 0.93× | ||
| Q1 24 | -9.93× | 1.16× |
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
SLGN
| Metal Containers | $675.6M | 46% |
| Dispensing And Specialty Closures | $643.6M | 44% |
| Custom Containers | $149.4M | 10% |
YUM
| Other | $1.5B | 59% |
| Advertising | $547.0M | 22% |
| Pizza Hut Global Division | $303.0M | 12% |
| The Habit Burger Grill Global Division | $174.0M | 7% |
| Real Estate | $4.0M | 0% |
