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CALERES INC（CAL）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
美森的季度营收约是CALERES INC的1.1倍（$851.9M vs $790.1M），美森净利率更高（16.8% vs 0.3%，领先16.5%），CALERES INC同比增速更快（6.6% vs -4.3%），美森自由现金流更多（$42.2M vs $-12.4M），过去两年美森的营收复合增速更高（8.6% 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。
美森公司（Matson, Inc.）是美国知名航运服务企业，总部位于夏威夷州火奴鲁鲁，成立于1882年。旗下子公司美森航运主营跨太平洋海运业务，服务覆盖夏威夷、阿拉斯加、关岛、密克罗尼西亚、太平洋诸岛、中国及日本等地区。
CAL vs MATX — 直观对比
营收规模更大
MATX
是对方的1.1倍
$790.1M
营收增速更快
CAL
高出10.9%
-4.3%
净利率更高
MATX
高出16.5%
0.3%
自由现金流更多
MATX
多$54.6M
$-12.4M
两年增速更快
MATX
近两年复合增速
6.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $790.1M | $851.9M |
| 净利润 | $2.4M | $143.1M |
| 毛利率 | 41.8% | — |
| 营业利润率 | 1.5% | 16.9% |
| 净利率 | 0.3% | 16.8% |
| 营收同比 | 6.6% | -4.3% |
| 净利润同比 | -94.2% | 11.8% |
| 每股收益（稀释后） | $0.07 | $4.47 |
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CALMATX
| Q4 25 | $790.1M | $851.9M | ||
| Q3 25 | $658.5M | $880.1M | ||
| Q2 25 | $614.2M | $830.5M | ||
| Q1 25 | $639.2M | $782.0M | ||
| Q4 24 | $740.9M | $890.3M | ||
| Q3 24 | $683.3M | $962.0M | ||
| Q2 24 | $659.2M | $847.4M | ||
| Q1 24 | $697.1M | $722.1M |
净利润CALMATX
| Q4 25 | $2.4M | $143.1M | ||
| Q3 25 | $6.7M | $134.7M | ||
| Q2 25 | $6.9M | $94.7M | ||
| Q1 25 | $4.9M | $72.3M | ||
| Q4 24 | $41.4M | $128.0M | ||
| Q3 24 | $30.0M | $199.1M | ||
| Q2 24 | $30.9M | $113.2M | ||
| Q1 24 | $55.7M | $36.1M |
毛利率CALMATX
| Q4 25 | 41.8% | — | ||
| Q3 25 | 43.4% | — | ||
| Q2 25 | 45.4% | — | ||
| Q1 25 | 43.0% | — | ||
| Q4 24 | 44.1% | — | ||
| Q3 24 | 45.5% | — | ||
| Q2 24 | 46.9% | — | ||
| Q1 24 | 43.9% | — |
营业利润率CALMATX
| Q4 25 | 1.5% | 16.9% | ||
| Q3 25 | 1.4% | 18.3% | ||
| Q2 25 | 1.9% | 13.6% | ||
| Q1 25 | 1.2% | 10.5% | ||
| Q4 24 | 7.7% | 16.6% | ||
| Q3 24 | 6.2% | 25.2% | ||
| Q2 24 | 6.5% | 14.7% | ||
| Q1 24 | 4.4% | 5.1% |
净利率CALMATX
| Q4 25 | 0.3% | 16.8% | ||
| Q3 25 | 1.0% | 15.3% | ||
| Q2 25 | 1.1% | 11.4% | ||
| Q1 25 | 0.8% | 9.2% | ||
| Q4 24 | 5.6% | 14.4% | ||
| Q3 24 | 4.4% | 20.7% | ||
| Q2 24 | 4.7% | 13.4% | ||
| Q1 24 | 8.0% | 5.0% |
每股收益（稀释后）CALMATX
| Q4 25 | $0.07 | $4.47 | ||
| Q3 25 | $0.20 | $4.24 | ||
| Q2 25 | $0.21 | $2.92 | ||
| Q1 25 | $0.17 | $2.18 | ||
| Q4 24 | $1.19 | $3.69 | ||
| Q3 24 | $0.85 | $5.89 | ||
| Q2 24 | $0.88 | $3.31 | ||
| Q1 24 | $1.56 | $1.04 |
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 | $141.9M |
| 总债务越低越好 | — | $361.2M |
| 股东权益账面价值 | $616.8M | $2.8B |
| 总资产 | $2.1B | $4.6B |
| 负债/权益比越低杠杆越低 | — | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资CALMATX
| Q4 25 | $34.0M | $141.9M | ||
| Q3 25 | $191.5M | $92.7M | ||
| Q2 25 | $33.1M | $59.1M | ||
| Q1 25 | $29.6M | $122.0M | ||
| Q4 24 | $33.7M | $266.8M | ||
| Q3 24 | $51.8M | $270.3M | ||
| Q2 24 | $30.7M | $168.2M | ||
| Q1 24 | $21.4M | $25.9M |
总债务CALMATX
| Q4 25 | — | $361.2M | ||
| Q3 25 | — | $370.9M | ||
| Q2 25 | — | $341.3M | ||
| Q1 25 | — | $351.1M | ||
| Q4 24 | — | $361.2M | ||
| Q3 24 | — | $370.9M | ||
| Q2 24 | — | $381.0M | ||
| Q1 24 | — | $390.8M |
股东权益CALMATX
| Q4 25 | $616.8M | $2.8B | ||
| Q3 25 | $613.3M | $2.7B | ||
| Q2 25 | $605.2M | $2.6B | ||
| Q1 25 | $599.0M | $2.6B | ||
| Q4 24 | $598.3M | $2.7B | ||
| Q3 24 | $606.1M | $2.6B | ||
| Q2 24 | $570.3M | $2.4B | ||
| Q1 24 | $560.6M | $2.4B |
总资产CALMATX
| Q4 25 | $2.1B | $4.6B | ||
| Q3 25 | $2.2B | $4.6B | ||
| Q2 25 | $1.9B | $4.5B | ||
| Q1 25 | $1.9B | $4.5B | ||
| Q4 24 | $2.0B | $4.6B | ||
| Q3 24 | $2.0B | $4.4B | ||
| Q2 24 | $1.9B | $4.3B | ||
| Q1 24 | $1.8B | $4.2B |
负债/权益比CALMATX
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.16× | ||
| Q1 24 | — | 0.16× |
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 | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $-12.4M | $42.2M |
| 自由现金流率自由现金流/营收 | -1.6% | 5.0% |
| 资本支出强度资本支出/营收 | 1.4% | 15.8% |
| 现金转化率经营现金流/净利润 | -0.50× | 1.24× |
| 过去12个月自由现金流最近4个季度 | $14.4M | $153.7M |
8季度趋势，按日历期对齐
经营现金流CALMATX
| Q4 25 | $-1.2M | $176.9M | ||
| Q3 25 | $47.3M | $175.6M | ||
| Q2 25 | $-5.7M | $105.6M | ||
| Q1 25 | $28.7M | $89.0M | ||
| Q4 24 | $-39.8M | $174.7M | ||
| Q3 24 | $79.6M | $248.6M | ||
| Q2 24 | $36.1M | $307.9M | ||
| Q1 24 | $43.0M | $36.6M |
自由现金流CALMATX
| Q4 25 | $-12.4M | $42.2M | ||
| Q3 25 | $35.0M | $92.4M | ||
| Q2 25 | $-26.2M | $19.3M | ||
| Q1 25 | $18.0M | $-200.0K | ||
| Q4 24 | $-57.4M | $49.3M | ||
| Q3 24 | $68.5M | $189.0M | ||
| Q2 24 | $26.3M | $238.1M | ||
| Q1 24 | $32.4M | $-18.7M |
自由现金流率CALMATX
| Q4 25 | -1.6% | 5.0% | ||
| Q3 25 | 5.3% | 10.5% | ||
| Q2 25 | -4.3% | 2.3% | ||
| Q1 25 | 2.8% | -0.0% | ||
| Q4 24 | -7.7% | 5.5% | ||
| Q3 24 | 10.0% | 19.6% | ||
| Q2 24 | 4.0% | 28.1% | ||
| Q1 24 | 4.6% | -2.6% |
资本支出强度CALMATX
| Q4 25 | 1.4% | 15.8% | ||
| Q3 25 | 1.9% | 9.5% | ||
| Q2 25 | 3.3% | 10.4% | ||
| Q1 25 | 1.7% | 11.4% | ||
| Q4 24 | 2.4% | 14.1% | ||
| Q3 24 | 1.6% | 6.2% | ||
| Q2 24 | 1.5% | 8.2% | ||
| Q1 24 | 1.5% | 7.7% |
现金转化率CALMATX
| Q4 25 | -0.50× | 1.24× | ||
| Q3 25 | 7.05× | 1.30× | ||
| Q2 25 | -0.81× | 1.12× | ||
| Q1 25 | 5.82× | 1.23× | ||
| Q4 24 | -0.96× | 1.36× | ||
| Q3 24 | 2.66× | 1.25× | ||
| Q2 24 | 1.17× | 2.72× | ||
| Q1 24 | 0.77× | 1.01× |
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% |
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
