vs
CALERES INC（CAL）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是CALERES INC的1.9倍（$1.5B vs $790.1M），CALERES INC净利率更高（0.3% vs -3.1%，领先3.4%），CALERES INC同比增速更快（6.6% vs -11.9%），RXO, Inc.自由现金流更多（$-9.0M vs $-12.4M），过去两年RXO, Inc.的营收复合增速更高（26.8% 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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
CAL vs RXO — 直观对比
营收规模更大
RXO
是对方的1.9倍
$790.1M
营收增速更快
CAL
高出18.5%
-11.9%
净利率更高
CAL
高出3.4%
-3.1%
自由现金流更多
RXO
多$3.4M
$-12.4M
两年增速更快
RXO
近两年复合增速
6.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $790.1M | $1.5B |
| 净利润 | $2.4M | $-46.0M |
| 毛利率 | 41.8% | — |
| 营业利润率 | 1.5% | -2.9% |
| 净利率 | 0.3% | -3.1% |
| 营收同比 | 6.6% | -11.9% |
| 净利润同比 | -94.2% | -84.0% |
| 每股收益（稀释后） | $0.07 | $-0.28 |
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CALRXO
| Q4 25 | $790.1M | $1.5B | ||
| Q3 25 | $658.5M | $1.4B | ||
| Q2 25 | $614.2M | $1.4B | ||
| Q1 25 | $639.2M | $1.4B | ||
| Q4 24 | $740.9M | $1.7B | ||
| Q3 24 | $683.3M | $1.0B | ||
| Q2 24 | $659.2M | $930.0M | ||
| Q1 24 | $697.1M | $913.0M |
净利润CALRXO
| Q4 25 | $2.4M | $-46.0M | ||
| Q3 25 | $6.7M | $-14.0M | ||
| Q2 25 | $6.9M | $-9.0M | ||
| Q1 25 | $4.9M | $-31.0M | ||
| Q4 24 | $41.4M | $-25.0M | ||
| Q3 24 | $30.0M | $-243.0M | ||
| Q2 24 | $30.9M | $-7.0M | ||
| Q1 24 | $55.7M | $-15.0M |
毛利率CALRXO
| 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CALRXO
| Q4 25 | 1.5% | -2.9% | ||
| Q3 25 | 1.4% | -0.5% | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 1.2% | -2.1% | ||
| Q4 24 | 7.7% | -1.4% | ||
| Q3 24 | 6.2% | -1.9% | ||
| Q2 24 | 6.5% | — | ||
| Q1 24 | 4.4% | -1.3% |
净利率CALRXO
| Q4 25 | 0.3% | -3.1% | ||
| Q3 25 | 1.0% | -1.0% | ||
| Q2 25 | 1.1% | -0.6% | ||
| Q1 25 | 0.8% | -2.2% | ||
| Q4 24 | 5.6% | -1.5% | ||
| Q3 24 | 4.4% | -23.4% | ||
| Q2 24 | 4.7% | -0.8% | ||
| Q1 24 | 8.0% | -1.6% |
每股收益（稀释后）CALRXO
| Q4 25 | $0.07 | $-0.28 | ||
| Q3 25 | $0.20 | $-0.08 | ||
| Q2 25 | $0.21 | $-0.05 | ||
| Q1 25 | $0.17 | $-0.18 | ||
| Q4 24 | $1.19 | $-0.17 | ||
| Q3 24 | $0.85 | $-1.81 | ||
| Q2 24 | $0.88 | $-0.06 | ||
| Q1 24 | $1.56 | $-0.13 |
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 | $17.0M |
| 总债务越低越好 | — | $387.0M |
| 股东权益账面价值 | $616.8M | $1.5B |
| 总资产 | $2.1B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资CALRXO
| Q4 25 | $34.0M | $17.0M | ||
| Q3 25 | $191.5M | $25.0M | ||
| Q2 25 | $33.1M | $18.0M | ||
| Q1 25 | $29.6M | $16.0M | ||
| Q4 24 | $33.7M | $35.0M | ||
| Q3 24 | $51.8M | $55.0M | ||
| Q2 24 | $30.7M | $7.0M | ||
| Q1 24 | $21.4M | $7.0M |
总债务CALRXO
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
股东权益CALRXO
| Q4 25 | $616.8M | $1.5B | ||
| Q3 25 | $613.3M | $1.6B | ||
| Q2 25 | $605.2M | $1.6B | ||
| Q1 25 | $599.0M | $1.6B | ||
| Q4 24 | $598.3M | $1.6B | ||
| Q3 24 | $606.1M | $1.7B | ||
| Q2 24 | $570.3M | $579.0M | ||
| Q1 24 | $560.6M | $582.0M |
总资产CALRXO
| Q4 25 | $2.1B | $3.3B | ||
| Q3 25 | $2.2B | $3.2B | ||
| Q2 25 | $1.9B | $3.2B | ||
| Q1 25 | $1.9B | $3.3B | ||
| Q4 24 | $2.0B | $3.4B | ||
| Q3 24 | $2.0B | $3.4B | ||
| Q2 24 | $1.9B | $1.8B | ||
| Q1 24 | $1.8B | $1.8B |
负债/权益比CALRXO
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $-12.4M | $-9.0M |
| 自由现金流率自由现金流/营收 | -1.6% | -0.6% |
| 资本支出强度资本支出/营收 | 1.4% | 1.1% |
| 现金转化率经营现金流/净利润 | -0.50× | — |
| 过去12个月自由现金流最近4个季度 | $14.4M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流CALRXO
| Q4 25 | $-1.2M | $7.0M | ||
| Q3 25 | $47.3M | $23.0M | ||
| Q2 25 | $-5.7M | $23.0M | ||
| Q1 25 | $28.7M | $-2.0M | ||
| Q4 24 | $-39.8M | $-7.0M | ||
| Q3 24 | $79.6M | $-7.0M | ||
| Q2 24 | $36.1M | $-5.0M | ||
| Q1 24 | $43.0M | $7.0M |
自由现金流CALRXO
| Q4 25 | $-12.4M | $-9.0M | ||
| Q3 25 | $35.0M | $9.0M | ||
| Q2 25 | $-26.2M | $9.0M | ||
| Q1 25 | $18.0M | $-17.0M | ||
| Q4 24 | $-57.4M | $-19.0M | ||
| Q3 24 | $68.5M | $-18.0M | ||
| Q2 24 | $26.3M | $-16.0M | ||
| Q1 24 | $32.4M | $-4.0M |
自由现金流率CALRXO
| Q4 25 | -1.6% | -0.6% | ||
| Q3 25 | 5.3% | 0.6% | ||
| Q2 25 | -4.3% | 0.6% | ||
| Q1 25 | 2.8% | -1.2% | ||
| Q4 24 | -7.7% | -1.1% | ||
| Q3 24 | 10.0% | -1.7% | ||
| Q2 24 | 4.0% | -1.7% | ||
| Q1 24 | 4.6% | -0.4% |
资本支出强度CALRXO
| Q4 25 | 1.4% | 1.1% | ||
| Q3 25 | 1.9% | 1.0% | ||
| Q2 25 | 3.3% | 1.0% | ||
| Q1 25 | 1.7% | 1.0% | ||
| Q4 24 | 2.4% | 0.7% | ||
| Q3 24 | 1.6% | 1.1% | ||
| Q2 24 | 1.5% | 1.2% | ||
| Q1 24 | 1.5% | 1.2% |
现金转化率CALRXO
| Q4 25 | -0.50× | — | ||
| Q3 25 | 7.05× | — | ||
| Q2 25 | -0.81× | — | ||
| Q1 25 | 5.82× | — | ||
| Q4 24 | -0.96× | — | ||
| Q3 24 | 2.66× | — | ||
| Q2 24 | 1.17× | — | ||
| Q1 24 | 0.77× | — |
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% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
