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CALERES INC（CAL）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是CALERES INC的1.5倍（$1.2B vs $790.1M），利氏兄弟拍卖行净利率更高（9.1% vs 0.3%，领先8.8%），CALERES INC同比增速更快（6.6% vs 5.4%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $-12.4M），过去两年CALERES INC的营收复合增速更高（6.5% vs 6.3%）
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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
CAL vs RBA — 直观对比
营收规模更大
RBA
是对方的1.5倍
$790.1M
营收增速更快
CAL
高出1.2%
5.4%
净利率更高
RBA
高出8.8%
0.3%
自由现金流更多
RBA
多$198.9M
$-12.4M
两年增速更快
CAL
近两年复合增速
6.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $790.1M | $1.2B |
| 净利润 | $2.4M | $109.7M |
| 毛利率 | 41.8% | — |
| 营业利润率 | 1.5% | 14.7% |
| 净利率 | 0.3% | 9.1% |
| 营收同比 | 6.6% | 5.4% |
| 净利润同比 | -94.2% | -7.4% |
| 每股收益（稀释后） | $0.07 | $0.53 |
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CALRBA
| Q4 25 | $790.1M | $1.2B | ||
| Q3 25 | $658.5M | $1.1B | ||
| Q2 25 | $614.2M | $1.2B | ||
| Q1 25 | $639.2M | $1.1B | ||
| Q4 24 | $740.9M | $1.1B | ||
| Q3 24 | $683.3M | $981.8M | ||
| Q2 24 | $659.2M | $1.1B | ||
| Q1 24 | $697.1M | $1.1B |
净利润CALRBA
| Q4 25 | $2.4M | $109.7M | ||
| Q3 25 | $6.7M | $95.5M | ||
| Q2 25 | $6.9M | $109.8M | ||
| Q1 25 | $4.9M | $113.4M | ||
| Q4 24 | $41.4M | $118.5M | ||
| Q3 24 | $30.0M | $76.1M | ||
| Q2 24 | $30.9M | $111.1M | ||
| Q1 24 | $55.7M | $107.4M |
毛利率CALRBA
| 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CALRBA
| Q4 25 | 1.5% | 14.7% | ||
| Q3 25 | 1.4% | 14.5% | ||
| Q2 25 | 1.9% | 15.9% | ||
| Q1 25 | 1.2% | 17.1% | ||
| Q4 24 | 7.7% | 18.1% | ||
| Q3 24 | 6.2% | 15.6% | ||
| Q2 24 | 6.5% | 18.4% | ||
| Q1 24 | 4.4% | 18.7% |
净利率CALRBA
| Q4 25 | 0.3% | 9.1% | ||
| Q3 25 | 1.0% | 8.7% | ||
| Q2 25 | 1.1% | 9.3% | ||
| Q1 25 | 0.8% | 10.2% | ||
| Q4 24 | 5.6% | 10.4% | ||
| Q3 24 | 4.4% | 7.8% | ||
| Q2 24 | 4.7% | 10.1% | ||
| Q1 24 | 8.0% | 10.1% |
每股收益（稀释后）CALRBA
| Q4 25 | $0.07 | $0.53 | ||
| Q3 25 | $0.20 | $0.43 | ||
| Q2 25 | $0.21 | $0.53 | ||
| Q1 25 | $0.17 | $0.55 | ||
| Q4 24 | $1.19 | $0.58 | ||
| Q3 24 | $0.85 | $0.36 | ||
| Q2 24 | $0.88 | $0.54 | ||
| Q1 24 | $1.56 | $0.53 |
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 | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $616.8M | $5.6B |
| 总资产 | $2.1B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资CALRBA
| Q4 25 | $34.0M | $531.5M | ||
| Q3 25 | $191.5M | $674.7M | ||
| Q2 25 | $33.1M | $710.2M | ||
| Q1 25 | $29.6M | $578.1M | ||
| Q4 24 | $33.7M | $533.9M | ||
| Q3 24 | $51.8M | $650.7M | ||
| Q2 24 | $30.7M | $599.5M | ||
| Q1 24 | $21.4M | $462.8M |
总债务CALRBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.9B |
股东权益CALRBA
| Q4 25 | $616.8M | $5.6B | ||
| Q3 25 | $613.3M | $5.5B | ||
| Q2 25 | $605.2M | $5.5B | ||
| Q1 25 | $599.0M | $5.3B | ||
| Q4 24 | $598.3M | $5.2B | ||
| Q3 24 | $606.1M | $5.2B | ||
| Q2 24 | $570.3M | $5.2B | ||
| Q1 24 | $560.6M | $5.1B |
总资产CALRBA
| Q4 25 | $2.1B | $12.1B | ||
| Q3 25 | $2.2B | $12.2B | ||
| Q2 25 | $1.9B | $12.2B | ||
| Q1 25 | $1.9B | $11.9B | ||
| Q4 24 | $2.0B | $11.8B | ||
| Q3 24 | $2.0B | $11.9B | ||
| Q2 24 | $1.9B | $12.1B | ||
| Q1 24 | $1.8B | $12.0B |
负债/权益比CALRBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | — | 0.58× |
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 | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $-12.4M | $186.5M |
| 自由现金流率自由现金流/营收 | -1.6% | 15.5% |
| 资本支出强度资本支出/营收 | 1.4% | 5.7% |
| 现金转化率经营现金流/净利润 | -0.50× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $14.4M | $719.2M |
8季度趋势，按日历期对齐
经营现金流CALRBA
| Q4 25 | $-1.2M | $255.2M | ||
| Q3 25 | $47.3M | $239.7M | ||
| Q2 25 | $-5.7M | $326.5M | ||
| Q1 25 | $28.7M | $156.8M | ||
| Q4 24 | $-39.8M | $184.5M | ||
| Q3 24 | $79.6M | $285.4M | ||
| Q2 24 | $36.1M | $337.3M | ||
| Q1 24 | $43.0M | $124.8M |
自由现金流CALRBA
| Q4 25 | $-12.4M | $186.5M | ||
| Q3 25 | $35.0M | $188.5M | ||
| Q2 25 | $-26.2M | $241.7M | ||
| Q1 25 | $18.0M | $102.5M | ||
| Q4 24 | $-57.4M | $127.9M | ||
| Q3 24 | $68.5M | $248.5M | ||
| Q2 24 | $26.3M | $308.6M | ||
| Q1 24 | $32.4M | $79.6M |
自由现金流率CALRBA
| Q4 25 | -1.6% | 15.5% | ||
| Q3 25 | 5.3% | 17.3% | ||
| Q2 25 | -4.3% | 20.4% | ||
| Q1 25 | 2.8% | 9.2% | ||
| Q4 24 | -7.7% | 11.2% | ||
| Q3 24 | 10.0% | 25.3% | ||
| Q2 24 | 4.0% | 28.2% | ||
| Q1 24 | 4.6% | 7.5% |
资本支出强度CALRBA
| Q4 25 | 1.4% | 5.7% | ||
| Q3 25 | 1.9% | 4.7% | ||
| Q2 25 | 3.3% | 7.2% | ||
| Q1 25 | 1.7% | 4.9% | ||
| Q4 24 | 2.4% | 5.0% | ||
| Q3 24 | 1.6% | 3.8% | ||
| Q2 24 | 1.5% | 2.6% | ||
| Q1 24 | 1.5% | 4.2% |
现金转化率CALRBA
| Q4 25 | -0.50× | 2.33× | ||
| Q3 25 | 7.05× | 2.51× | ||
| Q2 25 | -0.81× | 2.97× | ||
| Q1 25 | 5.82× | 1.38× | ||
| Q4 24 | -0.96× | 1.56× | ||
| Q3 24 | 2.66× | 3.75× | ||
| Q2 24 | 1.17× | 3.04× | ||
| Q1 24 | 0.77× | 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
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% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
