vs
CALERES INC（CAL）与FEDERAL SIGNAL CORP（FSS）财务数据对比。点击上方公司名可切换其他公司
CALERES INC的季度营收约是FEDERAL SIGNAL CORP的1.3倍（$790.1M vs $597.1M），FEDERAL SIGNAL CORP净利率更高（10.2% vs 0.3%，领先9.9%），FEDERAL SIGNAL CORP同比增速更快（26.5% vs 6.6%），FEDERAL SIGNAL CORP自由现金流更多（$89.5M vs $-12.4M），过去两年FEDERAL SIGNAL CORP的营收复合增速更高（18.5% vs 6.5%）
Caleres Inc是一家美国鞋履企业，旗下拥有并运营多个鞋履品牌，总部坐落于圣路易斯郊区密苏里州克莱顿。该企业前身是1878年在圣路易斯成立的Bryan, Brown & Company，此后历经多次更名，其前身汉密尔顿-布朗鞋业在20世纪初曾是美国最大的鞋履制造商。
联邦信号公司是20世纪早期的美国企业，主营铁路信号设备的制造业务，总部坐落于美国纽约州奥尔巴尼市，其生产的相关信号产品在当时的美国轨道交通行业得到了广泛应用，具备一定的行业知名度。
CAL vs FSS — 直观对比
营收规模更大
CAL
是对方的1.3倍
$597.1M
营收增速更快
FSS
高出19.9%
6.6%
净利率更高
FSS
高出9.9%
0.3%
自由现金流更多
FSS
多$101.9M
$-12.4M
两年增速更快
FSS
近两年复合增速
6.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $790.1M | $597.1M |
| 净利润 | $2.4M | $60.8M |
| 毛利率 | 41.8% | 28.4% |
| 营业利润率 | 1.5% | 14.0% |
| 净利率 | 0.3% | 10.2% |
| 营收同比 | 6.6% | 26.5% |
| 净利润同比 | -94.2% | 21.6% |
| 每股收益（稀释后） | $0.07 | $0.99 |
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CALFSS
| Q4 25 | $790.1M | $597.1M | ||
| Q3 25 | $658.5M | $555.0M | ||
| Q2 25 | $614.2M | $564.6M | ||
| Q1 25 | $639.2M | $463.8M | ||
| Q4 24 | $740.9M | $472.0M | ||
| Q3 24 | $683.3M | $474.2M | ||
| Q2 24 | $659.2M | $490.4M | ||
| Q1 24 | $697.1M | $424.9M |
净利润CALFSS
| Q4 25 | $2.4M | $60.8M | ||
| Q3 25 | $6.7M | $68.1M | ||
| Q2 25 | $6.9M | $71.4M | ||
| Q1 25 | $4.9M | $46.3M | ||
| Q4 24 | $41.4M | $50.0M | ||
| Q3 24 | $30.0M | $53.9M | ||
| Q2 24 | $30.9M | $60.8M | ||
| Q1 24 | $55.7M | $51.6M |
毛利率CALFSS
| Q4 25 | 41.8% | 28.4% | ||
| Q3 25 | 43.4% | 29.1% | ||
| Q2 25 | 45.4% | 30.0% | ||
| Q1 25 | 43.0% | 28.2% | ||
| Q4 24 | 44.1% | 28.1% | ||
| Q3 24 | 45.5% | 29.6% | ||
| Q2 24 | 46.9% | 29.4% | ||
| Q1 24 | 43.9% | 27.3% |
营业利润率CALFSS
| Q4 25 | 1.5% | 14.0% | ||
| Q3 25 | 1.4% | 16.9% | ||
| Q2 25 | 1.9% | 17.3% | ||
| Q1 25 | 1.2% | 14.2% | ||
| Q4 24 | 7.7% | 14.9% | ||
| Q3 24 | 6.2% | 16.0% | ||
| Q2 24 | 6.5% | 16.5% | ||
| Q1 24 | 4.4% | 12.8% |
净利率CALFSS
| Q4 25 | 0.3% | 10.2% | ||
| Q3 25 | 1.0% | 12.3% | ||
| Q2 25 | 1.1% | 12.6% | ||
| Q1 25 | 0.8% | 10.0% | ||
| Q4 24 | 5.6% | 10.6% | ||
| Q3 24 | 4.4% | 11.4% | ||
| Q2 24 | 4.7% | 12.4% | ||
| Q1 24 | 8.0% | 12.1% |
每股收益（稀释后）CALFSS
| Q4 25 | $0.07 | $0.99 | ||
| Q3 25 | $0.20 | $1.11 | ||
| Q2 25 | $0.21 | $1.16 | ||
| Q1 25 | $0.17 | $0.75 | ||
| Q4 24 | $1.19 | $0.80 | ||
| Q3 24 | $0.85 | $0.87 | ||
| Q2 24 | $0.88 | $0.99 | ||
| Q1 24 | $1.56 | $0.84 |
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 | $34.0M | $63.7M |
| 总债务越低越好 | — | $564.6M |
| 股东权益账面价值 | $616.8M | $1.4B |
| 总资产 | $2.1B | $2.4B |
| 负债/权益比越低杠杆越低 | — | 0.41× |
8季度趋势，按日历期对齐
现金及短期投资CALFSS
| Q4 25 | $34.0M | $63.7M | ||
| Q3 25 | $191.5M | $54.4M | ||
| Q2 25 | $33.1M | $64.7M | ||
| Q1 25 | $29.6M | $57.5M | ||
| Q4 24 | $33.7M | $91.1M | ||
| Q3 24 | $51.8M | $73.7M | ||
| Q2 24 | $30.7M | $48.6M | ||
| Q1 24 | $21.4M | $48.9M |
总债务CALFSS
| Q4 25 | — | $564.6M | ||
| Q3 25 | — | $201.2M | ||
| Q2 25 | — | $258.3M | ||
| Q1 25 | — | $266.9M | ||
| Q4 24 | — | $204.4M | ||
| Q3 24 | — | $223.3M | ||
| Q2 24 | — | $248.8M | ||
| Q1 24 | — | $266.8M |
股东权益CALFSS
| Q4 25 | $616.8M | $1.4B | ||
| Q3 25 | $613.3M | $1.3B | ||
| Q2 25 | $605.2M | $1.3B | ||
| Q1 25 | $599.0M | $1.2B | ||
| Q4 24 | $598.3M | $1.2B | ||
| Q3 24 | $606.1M | $1.1B | ||
| Q2 24 | $570.3M | $1.1B | ||
| Q1 24 | $560.6M | $1.0B |
总资产CALFSS
| Q4 25 | $2.1B | $2.4B | ||
| Q3 25 | $2.2B | $1.9B | ||
| Q2 25 | $1.9B | $1.9B | ||
| Q1 25 | $1.9B | $1.9B | ||
| Q4 24 | $2.0B | $1.8B | ||
| Q3 24 | $2.0B | $1.7B | ||
| Q2 24 | $1.9B | $1.7B | ||
| Q1 24 | $1.8B | $1.7B |
负债/权益比CALFSS
| Q4 25 | — | 0.41× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 0.17× | ||
| Q3 24 | — | 0.19× | ||
| Q2 24 | — | 0.23× | ||
| Q1 24 | — | 0.26× |
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 | $-1.2M | $97.2M |
| 自由现金流经营现金流 - 资本支出 | $-12.4M | $89.5M |
| 自由现金流率自由现金流/营收 | -1.6% | 15.0% |
| 资本支出强度资本支出/营收 | 1.4% | 1.3% |
| 现金转化率经营现金流/净利润 | -0.50× | 1.60× |
| 过去12个月自由现金流最近4个季度 | $14.4M | $227.1M |
8季度趋势，按日历期对齐
经营现金流CALFSS
| Q4 25 | $-1.2M | $97.2M | ||
| Q3 25 | $47.3M | $61.1M | ||
| Q2 25 | $-5.7M | $59.7M | ||
| Q1 25 | $28.7M | $36.7M | ||
| Q4 24 | $-39.8M | $90.6M | ||
| Q3 24 | $79.6M | $68.8M | ||
| Q2 24 | $36.1M | $40.6M | ||
| Q1 24 | $43.0M | $31.3M |
自由现金流CALFSS
| Q4 25 | $-12.4M | $89.5M | ||
| Q3 25 | $35.0M | $54.1M | ||
| Q2 25 | $-26.2M | $52.4M | ||
| Q1 25 | $18.0M | $31.1M | ||
| Q4 24 | $-57.4M | $82.1M | ||
| Q3 24 | $68.5M | $60.9M | ||
| Q2 24 | $26.3M | $24.8M | ||
| Q1 24 | $32.4M | $22.9M |
自由现金流率CALFSS
| Q4 25 | -1.6% | 15.0% | ||
| Q3 25 | 5.3% | 9.7% | ||
| Q2 25 | -4.3% | 9.3% | ||
| Q1 25 | 2.8% | 6.7% | ||
| Q4 24 | -7.7% | 17.4% | ||
| Q3 24 | 10.0% | 12.8% | ||
| Q2 24 | 4.0% | 5.1% | ||
| Q1 24 | 4.6% | 5.4% |
资本支出强度CALFSS
| Q4 25 | 1.4% | 1.3% | ||
| Q3 25 | 1.9% | 1.3% | ||
| Q2 25 | 3.3% | 1.3% | ||
| Q1 25 | 1.7% | 1.2% | ||
| Q4 24 | 2.4% | 1.8% | ||
| Q3 24 | 1.6% | 1.7% | ||
| Q2 24 | 1.5% | 3.2% | ||
| Q1 24 | 1.5% | 2.0% |
现金转化率CALFSS
| Q4 25 | -0.50× | 1.60× | ||
| Q3 25 | 7.05× | 0.90× | ||
| Q2 25 | -0.81× | 0.84× | ||
| Q1 25 | 5.82× | 0.79× | ||
| Q4 24 | -0.96× | 1.81× | ||
| Q3 24 | 2.66× | 1.28× | ||
| Q2 24 | 1.17× | 0.67× | ||
| Q1 24 | 0.77× | 0.61× |
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
CAL
| Brand Portfolio | $383.7M | 49% |
| Landed Wholesale | $148.1M | 19% |
| Wholesale E Commerce | $75.0M | 9% |
| Ecommerce | $68.8M | 9% |
| Stuart Weitzman Brand | $45.8M | 6% |
| Landed Wholesale Ecommerce Drop Ship | $30.6M | 4% |
| First Cost Wholesale | $14.9M | 2% |
| Clt Brand Solutions | $10.2M | 1% |
| License And Royalty | $2.1M | 0% |
FSS
| Vehiclesandequipment | $403.4M | 68% |
| Parts | $66.8M | 11% |
| Publicsafetyandsecurityequipment | $62.2M | 10% |
| Rentalincome | $19.0M | 3% |
| Industrialsignalingequipment | $18.2M | 3% |
| Other | $14.9M | 2% |
| Warningsystems | $12.6M | 2% |
