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CALERES INC（CAL）与RAYONIER ADVANCED MATERIALS INC.（RYAM）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RAYONIER ADVANCED MATERIALS INC.的1.9倍（$790.1M vs $417.5M），CALERES INC净利率更高（0.3% vs -5.0%，领先5.3%），CALERES INC同比增速更快（6.6% vs -1.2%），过去两年CALERES INC的营收复合增速更高（6.5% vs 3.8%）
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。
RYAM（原雷尼尔先进材料公司）是一家美国全球性纤维素技术企业，主打高纯度特种纤维素产品，所生产的天然聚合物广泛应用于过滤器生产、食品加工、医药制造及各类工业领域，同时也为造纸和包装行业供应相关产品，在纤维素技术领域拥有较高的行业认可度。
CAL vs RYAM — 直观对比
营收规模更大
CAL
是对方的1.9倍
$417.5M
营收增速更快
CAL
高出7.8%
-1.2%
净利率更高
CAL
高出5.3%
-5.0%
两年增速更快
CAL
近两年复合增速
3.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $790.1M | $417.5M |
| 净利润 | $2.4M | $-21.1M |
| 毛利率 | 41.8% | 8.9% |
| 营业利润率 | 1.5% | 2.6% |
| 净利率 | 0.3% | -5.0% |
| 营收同比 | 6.6% | -1.2% |
| 净利润同比 | -94.2% | -31.9% |
| 每股收益（稀释后） | $0.07 | $-0.33 |
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CALRYAM
| Q4 25 | $790.1M | $417.5M | ||
| Q3 25 | $658.5M | $352.8M | ||
| Q2 25 | $614.2M | $340.0M | ||
| Q1 25 | $639.2M | $356.0M | ||
| Q4 24 | $740.9M | $422.5M | ||
| Q3 24 | $683.3M | $401.1M | ||
| Q2 24 | $659.2M | $419.0M | ||
| Q1 24 | $697.1M | $387.7M |
净利润CALRYAM
| Q4 25 | $2.4M | $-21.1M | ||
| Q3 25 | $6.7M | $-4.5M | ||
| Q2 25 | $6.9M | $-363.2M | ||
| Q1 25 | $4.9M | $-32.0M | ||
| Q4 24 | $41.4M | $-16.0M | ||
| Q3 24 | $30.0M | $-32.6M | ||
| Q2 24 | $30.9M | $11.4M | ||
| Q1 24 | $55.7M | $-1.6M |
毛利率CALRYAM
| Q4 25 | 41.8% | 8.9% | ||
| Q3 25 | 43.4% | 9.7% | ||
| Q2 25 | 45.4% | 7.0% | ||
| Q1 25 | 43.0% | 6.8% | ||
| Q4 24 | 44.1% | 8.7% | ||
| Q3 24 | 45.5% | 10.9% | ||
| Q2 24 | 46.9% | 11.5% | ||
| Q1 24 | 43.9% | 9.5% |
营业利润率CALRYAM
| Q4 25 | 1.5% | 2.6% | ||
| Q3 25 | 1.4% | 2.8% | ||
| Q2 25 | 1.9% | -0.4% | ||
| Q1 25 | 1.2% | -4.2% | ||
| Q4 24 | 7.7% | 2.6% | ||
| Q3 24 | 6.2% | -4.2% | ||
| Q2 24 | 6.5% | 6.7% | ||
| Q1 24 | 4.4% | 4.4% |
净利率CALRYAM
| Q4 25 | 0.3% | -5.0% | ||
| Q3 25 | 1.0% | -1.3% | ||
| Q2 25 | 1.1% | -106.8% | ||
| Q1 25 | 0.8% | -9.0% | ||
| Q4 24 | 5.6% | -3.8% | ||
| Q3 24 | 4.4% | -8.1% | ||
| Q2 24 | 4.7% | 2.7% | ||
| Q1 24 | 8.0% | -0.4% |
每股收益（稀释后）CALRYAM
| Q4 25 | $0.07 | $-0.33 | ||
| Q3 25 | $0.20 | $-0.07 | ||
| Q2 25 | $0.21 | $-5.44 | ||
| Q1 25 | $0.17 | $-0.49 | ||
| Q4 24 | $1.19 | $-0.25 | ||
| Q3 24 | $0.85 | $-0.49 | ||
| Q2 24 | $0.88 | $0.17 | ||
| Q1 24 | $1.56 | $-0.02 |
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 | $75.4M |
| 总债务越低越好 | — | $758.1M |
| 股东权益账面价值 | $616.8M | $316.6M |
| 总资产 | $2.1B | $1.8B |
| 负债/权益比越低杠杆越低 | — | 2.39× |
8季度趋势，按日历期对齐
现金及短期投资CALRYAM
| Q4 25 | $34.0M | $75.4M | ||
| Q3 25 | $191.5M | $77.0M | ||
| Q2 25 | $33.1M | $70.7M | ||
| Q1 25 | $29.6M | $129.9M | ||
| Q4 24 | $33.7M | $125.2M | ||
| Q3 24 | $51.8M | $136.1M | ||
| Q2 24 | $30.7M | $114.1M | ||
| Q1 24 | $21.4M | $54.6M |
总债务CALRYAM
| Q4 25 | — | $758.1M | ||
| Q3 25 | — | $763.5M | ||
| Q2 25 | — | $720.4M | ||
| Q1 25 | — | $707.0M | ||
| Q4 24 | — | $706.4M | ||
| Q3 24 | — | $747.7M | ||
| Q2 24 | — | $752.8M | ||
| Q1 24 | — | $755.6M |
股东权益CALRYAM
| Q4 25 | $616.8M | $316.6M | ||
| Q3 25 | $613.3M | $338.2M | ||
| Q2 25 | $605.2M | $342.3M | ||
| Q1 25 | $599.0M | $688.1M | ||
| Q4 24 | $598.3M | $713.9M | ||
| Q3 24 | $606.1M | $732.7M | ||
| Q2 24 | $570.3M | $755.1M | ||
| Q1 24 | $560.6M | $741.8M |
总资产CALRYAM
| Q4 25 | $2.1B | $1.8B | ||
| Q3 25 | $2.2B | $1.8B | ||
| Q2 25 | $1.9B | $1.8B | ||
| Q1 25 | $1.9B | $2.1B | ||
| Q4 24 | $2.0B | $2.1B | ||
| Q3 24 | $2.0B | $2.2B | ||
| Q2 24 | $1.9B | $2.2B | ||
| Q1 24 | $1.8B | $2.1B |
负债/权益比CALRYAM
| Q4 25 | — | 2.39× | ||
| Q3 25 | — | 2.26× | ||
| Q2 25 | — | 2.10× | ||
| Q1 25 | — | 1.03× | ||
| Q4 24 | — | 0.99× | ||
| Q3 24 | — | 1.02× | ||
| Q2 24 | — | 1.00× | ||
| Q1 24 | — | 1.02× |
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 | $32.3M |
| 自由现金流经营现金流 - 资本支出 | $-12.4M | — |
| 自由现金流率自由现金流/营收 | -1.6% | — |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 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季度趋势，按日历期对齐
经营现金流CALRYAM
| Q4 25 | $-1.2M | $32.3M | ||
| Q3 25 | $47.3M | $-17.8M | ||
| Q2 25 | $-5.7M | $-30.2M | ||
| Q1 25 | $28.7M | $39.6M | ||
| Q4 24 | $-39.8M | $54.9M | ||
| Q3 24 | $79.6M | $49.8M | ||
| Q2 24 | $36.1M | $87.6M | ||
| Q1 24 | $43.0M | $11.3M |
自由现金流CALRYAM
| Q4 25 | $-12.4M | — | ||
| Q3 25 | $35.0M | — | ||
| Q2 25 | $-26.2M | — | ||
| Q1 25 | $18.0M | — | ||
| Q4 24 | $-57.4M | — | ||
| Q3 24 | $68.5M | — | ||
| Q2 24 | $26.3M | — | ||
| Q1 24 | $32.4M | — |
自由现金流率CALRYAM
| Q4 25 | -1.6% | — | ||
| Q3 25 | 5.3% | — | ||
| Q2 25 | -4.3% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | -7.7% | — | ||
| Q3 24 | 10.0% | — | ||
| Q2 24 | 4.0% | — | ||
| Q1 24 | 4.6% | — |
资本支出强度CALRYAM
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 3.3% | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 1.5% | — | ||
| Q1 24 | 1.5% | — |
现金转化率CALRYAM
| 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× | 7.69× | ||
| 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% |
RYAM
| Cellulose Specialties | $249.6M | 60% |
| Other | $86.2M | 21% |
| Paperboard | $44.2M | 11% |
| High Yield Pulp | $28.3M | 7% |
| Biomaterials | $9.2M | 2% |
