vs
American Water Works（AWK）与CAL-MAINE FOODS INC（CALM）财务数据对比。点击上方公司名可切换其他公司
American Water Works的季度营收约是CAL-MAINE FOODS INC的1.7倍（$1.3B vs $769.5M），American Water Works净利率更高（18.7% vs 13.4%，领先5.4%），American Water Works同比增速更快（5.8% vs -19.4%），CAL-MAINE FOODS INC自由现金流更多（$47.9M vs $-385.0M），过去两年CAL-MAINE FOODS INC的营收复合增速更高（29.4% vs 12.6%）
American Water Works通过旗下子公司在美国境内提供专业供水与污水处理服务，业务覆盖14个州的约1700个社区，服务约340万活跃用户，客户群体涵盖住宅用户、食品饮料供应商、商业地产开发商与运营商、能源供应商等商业客户、消防服务及工业类客户等。
卡尔梅恩食品公司是总部位于美国密西西比州里奇兰的鲜蛋生产商，截至2024年是美国规模最大的蛋品企业。公司旗下拥有Egg-Land's Best、Land O'Lakes等多个知名蛋品品牌，1957年由弗雷德·R·亚当斯二世创立，亚当斯家族持有企业控股权，目前在纳斯达克挂牌上市。
AWK vs CALM — 直观对比
营收规模更大
AWK
是对方的1.7倍
$769.5M
营收增速更快
AWK
高出25.2%
-19.4%
净利率更高
AWK
高出5.4%
13.4%
自由现金流更多
CALM
多$432.9M
$-385.0M
两年增速更快
CALM
近两年复合增速
12.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $769.5M |
| 净利润 | $238.0M | $102.8M |
| 毛利率 | — | 27.0% |
| 营业利润率 | 31.9% | 16.1% |
| 净利率 | 18.7% | 13.4% |
| 营收同比 | 5.8% | -19.4% |
| 净利润同比 | -0.4% | -53.1% |
| 每股收益（稀释后） | $1.22 | $2.13 |
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AWKCALM
| Q4 25 | $1.3B | $769.5M | ||
| Q3 25 | $1.5B | $922.6M | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.2B | $954.7M | ||
| Q3 24 | $1.3B | $785.9M | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.0B | $703.1M |
净利润AWKCALM
| Q4 25 | $238.0M | $102.8M | ||
| Q3 25 | $379.0M | $199.3M | ||
| Q2 25 | $289.0M | — | ||
| Q1 25 | $205.0M | $508.5M | ||
| Q4 24 | $239.0M | $219.1M | ||
| Q3 24 | $350.0M | $150.0M | ||
| Q2 24 | $277.0M | — | ||
| Q1 24 | $185.0M | $146.7M |
毛利率AWKCALM
| Q4 25 | — | 27.0% | ||
| Q3 25 | — | 33.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 50.5% | ||
| Q4 24 | — | 37.3% | ||
| Q3 24 | — | 31.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 31.1% |
营业利润率AWKCALM
| Q4 25 | 31.9% | 16.1% | ||
| Q3 25 | 42.2% | 27.0% | ||
| Q2 25 | 38.4% | — | ||
| Q1 25 | 32.7% | 44.8% | ||
| Q4 24 | 33.3% | 29.1% | ||
| Q3 24 | 40.9% | 23.8% | ||
| Q2 24 | 39.4% | — | ||
| Q1 24 | 32.5% | 23.2% |
净利率AWKCALM
| Q4 25 | 18.7% | 13.4% | ||
| Q3 25 | 26.1% | 21.6% | ||
| Q2 25 | 22.7% | — | ||
| Q1 25 | 18.1% | 35.9% | ||
| Q4 24 | 19.9% | 22.9% | ||
| Q3 24 | 26.4% | 19.1% | ||
| Q2 24 | 24.3% | — | ||
| Q1 24 | 18.4% | 20.9% |
每股收益（稀释后）AWKCALM
| Q4 25 | $1.22 | $2.13 | ||
| Q3 25 | $1.94 | $4.12 | ||
| Q2 25 | $1.48 | — | ||
| Q1 25 | $1.05 | $10.38 | ||
| Q4 24 | $1.22 | $4.47 | ||
| Q3 24 | $1.80 | $3.06 | ||
| Q2 24 | $1.42 | — | ||
| Q1 24 | $0.95 | $3.00 |
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 | $98.0M | $369.4M |
| 总债务越低越好 | $12.8B | — |
| 股东权益账面价值 | $10.8B | $2.7B |
| 总资产 | $35.4B | $3.1B |
| 负债/权益比越低杠杆越低 | 1.18× | — |
8季度趋势，按日历期对齐
现金及短期投资AWKCALM
| Q4 25 | $98.0M | $369.4M | ||
| Q3 25 | $166.0M | $251.9M | ||
| Q2 25 | $94.0M | — | ||
| Q1 25 | $114.0M | $497.2M | ||
| Q4 24 | $96.0M | $140.3M | ||
| Q3 24 | $127.0M | $181.7M | ||
| Q2 24 | $48.0M | — | ||
| Q1 24 | $584.0M | $367.1M |
总债务AWKCALM
| Q4 25 | $12.8B | — | ||
| Q3 25 | $13.0B | — | ||
| Q2 25 | $12.3B | — | ||
| Q1 25 | $13.3B | — | ||
| Q4 24 | $12.5B | — | ||
| Q3 24 | $12.6B | — | ||
| Q2 24 | $12.6B | — | ||
| Q1 24 | $12.6B | — |
股东权益AWKCALM
| Q4 25 | $10.8B | $2.7B | ||
| Q3 25 | $10.9B | $2.7B | ||
| Q2 25 | $10.7B | — | ||
| Q1 25 | $10.5B | $2.4B | ||
| Q4 24 | $10.3B | $2.0B | ||
| Q3 24 | $10.4B | $1.9B | ||
| Q2 24 | $10.2B | — | ||
| Q1 24 | $10.0B | $1.7B |
总资产AWKCALM
| Q4 25 | $35.4B | $3.1B | ||
| Q3 25 | $34.7B | $3.2B | ||
| Q2 25 | $33.9B | — | ||
| Q1 25 | $33.2B | $3.1B | ||
| Q4 24 | $32.8B | $2.5B | ||
| Q3 24 | $31.8B | $2.4B | ||
| Q2 24 | $31.2B | — | ||
| Q1 24 | $31.1B | $2.1B |
负债/权益比AWKCALM
| Q4 25 | 1.18× | — | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 1.26× | — | ||
| Q4 24 | 1.21× | — | ||
| Q3 24 | 1.21× | — | ||
| Q2 24 | 1.24× | — | ||
| Q1 24 | 1.26× | — |
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 | $663.0M | $94.8M |
| 自由现金流经营现金流 - 资本支出 | $-385.0M | $47.9M |
| 自由现金流率自由现金流/营收 | -30.3% | 6.2% |
| 资本支出强度资本支出/营收 | 82.5% | 6.1% |
| 现金转化率经营现金流/净利润 | 2.79× | 0.92× |
| 过去12个月自由现金流最近4个季度 | $-1.1B | $895.9M |
8季度趋势，按日历期对齐
经营现金流AWKCALM
| Q4 25 | $663.0M | $94.8M | ||
| Q3 25 | $764.0M | $278.6M | ||
| Q2 25 | $301.0M | — | ||
| Q1 25 | $331.0M | $571.6M | ||
| Q4 24 | $639.0M | $122.7M | ||
| Q3 24 | $679.0M | $117.5M | ||
| Q2 24 | $345.0M | — | ||
| Q1 24 | $382.0M | $164.0M |
自由现金流AWKCALM
| Q4 25 | $-385.0M | $47.9M | ||
| Q3 25 | $-33.0M | $233.3M | ||
| Q2 25 | $-432.0M | — | ||
| Q1 25 | $-217.0M | $521.8M | ||
| Q4 24 | $-255.0M | $92.9M | ||
| Q3 24 | $-4.0M | $81.7M | ||
| Q2 24 | $-325.0M | — | ||
| Q1 24 | $-227.0M | $133.8M |
自由现金流率AWKCALM
| Q4 25 | -30.3% | 6.2% | ||
| Q3 25 | -2.3% | 25.3% | ||
| Q2 25 | -34.0% | — | ||
| Q1 25 | -19.1% | 36.8% | ||
| Q4 24 | -21.2% | 9.7% | ||
| Q3 24 | -0.3% | 10.4% | ||
| Q2 24 | -28.5% | — | ||
| Q1 24 | -22.6% | 19.0% |
资本支出强度AWKCALM
| Q4 25 | 82.5% | 6.1% | ||
| Q3 25 | 54.8% | 4.9% | ||
| Q2 25 | 57.6% | — | ||
| Q1 25 | 48.3% | 3.5% | ||
| Q4 24 | 74.4% | 3.1% | ||
| Q3 24 | 51.4% | 4.6% | ||
| Q2 24 | 58.8% | — | ||
| Q1 24 | 60.7% | 4.3% |
现金转化率AWKCALM
| Q4 25 | 2.79× | 0.92× | ||
| Q3 25 | 2.02× | 1.40× | ||
| Q2 25 | 1.04× | — | ||
| Q1 25 | 1.61× | 1.12× | ||
| Q4 24 | 2.67× | 0.56× | ||
| Q3 24 | 1.94× | 0.78× | ||
| Q2 24 | 1.25× | — | ||
| Q1 24 | 2.06× | 1.12× |
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
AWK
| Water Services | $1.0B | 81% |
| Other | $127.0M | 10% |
| Wastewater Services | $101.0M | 8% |
| Miscellaneous Utility Charge | $11.0M | 1% |
CALM
| Retail | $625.4M | 81% |
| Prepared Foods | $71.7M | 9% |
| Egg Products | $34.5M | 4% |
| Service Other | $19.2M | 2% |
| Other | $13.8M | 2% |
