vs
Barnes & Noble Education, Inc.（BNED）与Core Natural Resources, Inc.（CNR）财务数据对比。点击上方公司名可切换其他公司
Core Natural Resources, Inc.的季度营收约是Barnes & Noble Education, Inc.的1.7倍（$1.0B vs $598.2M），Barnes & Noble Education, Inc.净利率更高（4.2% vs -7.6%，领先11.8%），Core Natural Resources, Inc.同比增速更快（81.8% vs 6.9%），Barnes & Noble Education, Inc.自由现金流更多（$61.9M vs $26.0M），过去两年Core Natural Resources, Inc.的营收复合增速更高（38.1% vs 20.0%）
巴诺教育旗下的巴诺书店是美国门店数量最多的图书零售商，目前在美国各地经营着七百多家线下实体门店，是美国本土颇具影响力的线下图书零售企业，深耕图书零售领域多年。
Arch Resources（原阿奇煤炭）曾是美国煤炭开采加工企业，为美国第二大煤炭供应商，仅次于皮博迪能源，2011年占据美国国内15%的市场份额，主营低硫烟煤、次烟煤的开采、加工与销售，客户以发电企业为主。
BNED vs CNR — 直观对比
营收规模更大
CNR
是对方的1.7倍
$598.2M
营收增速更快
CNR
高出74.9%
6.9%
净利率更高
BNED
高出11.8%
-7.6%
自由现金流更多
BNED
多$35.9M
$26.0M
两年增速更快
CNR
近两年复合增速
20.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $598.2M | $1.0B |
| 净利润 | $25.0M | $-79.0M |
| 毛利率 | 21.7% | — |
| 营业利润率 | 6.8% | -9.3% |
| 净利率 | 4.2% | -7.6% |
| 营收同比 | 6.9% | 81.8% |
| 净利润同比 | -49.7% | -356.3% |
| 每股收益（稀释后） | $0.72 | $-1.51 |
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BNEDCNR
| Q4 25 | $598.2M | $1.0B | ||
| Q3 25 | $274.2M | $1.0B | ||
| Q2 25 | $233.0M | $1.1B | ||
| Q1 25 | $419.7M | $1.0B | ||
| Q4 24 | $559.7M | $573.6M | ||
| Q3 24 | $250.9M | $553.4M | ||
| Q2 24 | $192.7M | $490.7M | ||
| Q1 24 | $415.4M | $546.7M |
净利润BNEDCNR
| Q4 25 | $25.0M | $-79.0M | ||
| Q3 25 | $-18.3M | $31.6M | ||
| Q2 25 | $-23.0M | $-36.6M | ||
| Q1 25 | $17.9M | $-69.3M | ||
| Q4 24 | $43.2M | $30.8M | ||
| Q3 24 | $-103.9M | $95.6M | ||
| Q2 24 | $-41.9M | $58.1M | ||
| Q1 24 | $-9.3M | $101.9M |
毛利率BNEDCNR
| Q4 25 | 21.7% | — | ||
| Q3 25 | 20.2% | — | ||
| Q2 25 | 30.3% | — | ||
| Q1 25 | 22.3% | — | ||
| Q4 24 | 23.0% | — | ||
| Q3 24 | 17.9% | — | ||
| Q2 24 | 28.7% | — | ||
| Q1 24 | 24.2% | — |
营业利润率BNEDCNR
| Q4 25 | 6.8% | -9.3% | ||
| Q3 25 | -8.4% | -1.2% | ||
| Q2 25 | -4.9% | -1.7% | ||
| Q1 25 | 4.5% | -5.3% | ||
| Q4 24 | 8.4% | 6.6% | ||
| Q3 24 | -15.4% | 21.2% | ||
| Q2 24 | -16.3% | 14.6% | ||
| Q1 24 | 0.4% | 22.7% |
净利率BNEDCNR
| Q4 25 | 4.2% | -7.6% | ||
| Q3 25 | -6.7% | 3.2% | ||
| Q2 25 | -9.9% | -3.3% | ||
| Q1 25 | 4.3% | -6.8% | ||
| Q4 24 | 7.7% | 5.4% | ||
| Q3 24 | -41.4% | 17.3% | ||
| Q2 24 | -21.7% | 11.8% | ||
| Q1 24 | -2.2% | 18.6% |
每股收益（稀释后）BNEDCNR
| Q4 25 | $0.72 | $-1.51 | ||
| Q3 25 | $-0.54 | $0.61 | ||
| Q2 25 | $2.97 | $-0.70 | ||
| Q1 25 | $0.59 | $-1.38 | ||
| Q4 24 | $1.63 | $1.04 | ||
| Q3 24 | $-7.69 | $3.22 | ||
| Q2 24 | $-15.68 | $1.96 | ||
| Q1 24 | $-3.49 | $3.39 |
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 | $11.7M | $432.2M |
| 总债务越低越好 | $122.5M | $354.2M |
| 股东权益账面价值 | $283.2M | $3.7B |
| 总资产 | $1.1B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.43× | 0.10× |
8季度趋势，按日历期对齐
现金及短期投资BNEDCNR
| Q4 25 | $11.7M | $432.2M | ||
| Q3 25 | $7.3M | $444.7M | ||
| Q2 25 | $9.1M | $413.2M | ||
| Q1 25 | $9.2M | $388.5M | ||
| Q4 24 | $11.6M | $460.2M | ||
| Q3 24 | $8.2M | $331.7M | ||
| Q2 24 | $10.5M | $216.1M | ||
| Q1 24 | $8.1M | $172.6M |
总债务BNEDCNR
| Q4 25 | $122.5M | $354.2M | ||
| Q3 25 | $170.0M | $334.5M | ||
| Q2 25 | $103.1M | $334.0M | ||
| Q1 25 | $141.2M | $329.8M | ||
| Q4 24 | $177.6M | $94.8M | ||
| Q3 24 | $221.9M | $83.7M | ||
| Q2 24 | $196.3M | $184.9M | ||
| Q1 24 | $30.2M | $185.5M |
股东权益BNEDCNR
| Q4 25 | $283.2M | $3.7B | ||
| Q3 25 | $256.5M | $3.8B | ||
| Q2 25 | $272.2M | $3.8B | ||
| Q1 25 | $292.9M | $3.9B | ||
| Q4 24 | $211.4M | $1.6B | ||
| Q3 24 | $149.8M | $1.5B | ||
| Q2 24 | $80.4M | $1.4B | ||
| Q1 24 | $121.5M | $1.4B |
总资产BNEDCNR
| Q4 25 | $1.1B | $6.1B | ||
| Q3 25 | $950.8M | $6.2B | ||
| Q2 25 | $790.3M | $6.2B | ||
| Q1 25 | $1.1B | $6.3B | ||
| Q4 24 | $1.0B | $2.9B | ||
| Q3 24 | $973.2M | $2.8B | ||
| Q2 24 | $909.9M | $2.7B | ||
| Q1 24 | $1.2B | $2.7B |
负债/权益比BNEDCNR
| Q4 25 | 0.43× | 0.10× | ||
| Q3 25 | 0.66× | 0.09× | ||
| Q2 25 | 0.38× | 0.09× | ||
| Q1 25 | 0.48× | 0.08× | ||
| Q4 24 | 0.84× | 0.06× | ||
| Q3 24 | 1.48× | 0.05× | ||
| Q2 24 | 2.44× | 0.13× | ||
| Q1 24 | 0.25× | 0.13× |
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 | $66.2M | $107.3M |
| 自由现金流经营现金流 - 资本支出 | $61.9M | $26.0M |
| 自由现金流率自由现金流/营收 | 10.4% | 2.5% |
| 资本支出强度资本支出/营收 | 0.7% | 7.8% |
| 现金转化率经营现金流/净利润 | 2.65× | — |
| 过去12个月自由现金流最近4个季度 | $-4.6M | $21.2M |
8季度趋势，按日历期对齐
经营现金流BNEDCNR
| Q4 25 | $66.2M | $107.3M | ||
| Q3 25 | $-67.6M | $87.9M | ||
| Q2 25 | $52.6M | $220.2M | ||
| Q1 25 | $-41.9M | $-109.6M | ||
| Q4 24 | $47.4M | $121.3M | ||
| Q3 24 | $-143.5M | $161.3M | ||
| Q2 24 | $81.7M | $116.3M | ||
| Q1 24 | $-35.8M | $77.5M |
自由现金流BNEDCNR
| Q4 25 | $61.9M | $26.0M | ||
| Q3 25 | $-71.3M | $38.6M | ||
| Q2 25 | $49.5M | $131.0M | ||
| Q1 25 | $-44.7M | $-174.5M | ||
| Q4 24 | $44.4M | $80.5M | ||
| Q3 24 | $-147.5M | $121.9M | ||
| Q2 24 | $79.1M | $60.9M | ||
| Q1 24 | $-39.0M | $35.1M |
自由现金流率BNEDCNR
| Q4 25 | 10.4% | 2.5% | ||
| Q3 25 | -26.0% | 3.9% | ||
| Q2 25 | 21.3% | 11.9% | ||
| Q1 25 | -10.7% | -17.1% | ||
| Q4 24 | 7.9% | 14.0% | ||
| Q3 24 | -58.8% | 22.0% | ||
| Q2 24 | 41.1% | 12.4% | ||
| Q1 24 | -9.4% | 6.4% |
资本支出强度BNEDCNR
| Q4 25 | 0.7% | 7.8% | ||
| Q3 25 | 1.4% | 4.9% | ||
| Q2 25 | 1.3% | 8.1% | ||
| Q1 25 | 0.7% | 6.4% | ||
| Q4 24 | 0.5% | 7.1% | ||
| Q3 24 | 1.6% | 7.1% | ||
| Q2 24 | 1.4% | 11.3% | ||
| Q1 24 | 0.8% | 7.7% |
现金转化率BNEDCNR
| Q4 25 | 2.65× | — | ||
| Q3 25 | — | 2.78× | ||
| Q2 25 | — | — | ||
| Q1 25 | -2.34× | — | ||
| Q4 24 | 1.10× | 3.94× | ||
| Q3 24 | — | 1.69× | ||
| Q2 24 | — | 2.00× | ||
| Q1 24 | — | 0.76× |
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
BNED
| Course Materials Product | $459.3M | 77% |
| General Merchandise Product | $112.9M | 19% |
| Serviceand Other | $26.1M | 4% |
CNR
| Other | $397.4M | 38% |
| Power Generation | $376.5M | 36% |
| PRB | $183.0M | 18% |
| Metallurgical | $42.0M | 4% |
| Industrial | $34.1M | 3% |
| Terminal Revenue | $6.4M | 1% |
| Other Revenue | $3.0M | 0% |
