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CAL-MAINE FOODS INC（CALM）与FEDERATED HERMES, INC.（FHI）财务数据对比。点击上方公司名可切换其他公司
CAL-MAINE FOODS INC的季度营收约是FEDERATED HERMES, INC.的1.6倍（$769.5M vs $482.8M），FEDERATED HERMES, INC.净利率更高（22.2% vs 13.4%，领先8.8%），FEDERATED HERMES, INC.同比增速更快（13.7% vs -19.4%），FEDERATED HERMES, INC.自由现金流更多（$294.6M vs $47.9M），过去两年CAL-MAINE FOODS INC的营收复合增速更高（29.4% vs 10.4%）
卡尔梅恩食品公司是总部位于美国密西西比州里奇兰的鲜蛋生产商，截至2024年是美国规模最大的蛋品企业。公司旗下拥有Egg-Land's Best、Land O'Lakes等多个知名蛋品品牌，1957年由弗雷德·R·亚当斯二世创立，亚当斯家族持有企业控股权，目前在纳斯达克挂牌上市。
方德贺明是总部位于美国宾夕法尼亚州匹兹堡的投资管理机构，成立于1955年，1957年10月18日正式注册。截至2025年12月，公司受托管理客户资产规模达9026亿美元，可为客户提供股票、固定收益、另类/私募市场、多资产及流动性管理等多元投资策略，产品覆盖共同基金、ETF、独立账户、封闭式基金和集合投资基金等品类。
CALM vs FHI — 直观对比
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $769.5M | $482.8M |
| 净利润 | $102.8M | $107.0M |
| 毛利率 | 27.0% | — |
| 营业利润率 | 16.1% | 28.1% |
| 净利率 | 13.4% | 22.2% |
| 营收同比 | -19.4% | 13.7% |
| 净利润同比 | -53.1% | 26.4% |
| 每股收益（稀释后） | $2.13 | $1.38 |
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
| Q4 25 | $769.5M | $482.8M | ||
| Q3 25 | $922.6M | $469.4M | ||
| Q2 25 | — | $424.8M | ||
| Q1 25 | $1.4B | $423.5M | ||
| Q4 24 | $954.7M | $424.7M | ||
| Q3 24 | $785.9M | $408.5M | ||
| Q2 24 | — | $402.6M | ||
| Q1 24 | $703.1M | $396.4M |
| Q4 25 | $102.8M | $107.0M | ||
| Q3 25 | $199.3M | $104.1M | ||
| Q2 25 | — | $91.0M | ||
| Q1 25 | $508.5M | $101.1M | ||
| Q4 24 | $219.1M | $84.7M | ||
| Q3 24 | $150.0M | $87.5M | ||
| Q2 24 | — | $21.0M | ||
| Q1 24 | $146.7M | $75.0M |
| Q4 25 | 27.0% | — | ||
| Q3 25 | 33.7% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 50.5% | — | ||
| Q4 24 | 37.3% | — | ||
| Q3 24 | 31.5% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 31.1% | — |
| Q4 25 | 16.1% | 28.1% | ||
| Q3 25 | 27.0% | 27.6% | ||
| Q2 25 | — | 27.6% | ||
| Q1 25 | 44.8% | 31.1% | ||
| Q4 24 | 29.1% | 26.0% | ||
| Q3 24 | 23.8% | 27.4% | ||
| Q2 24 | — | 10.1% | ||
| Q1 24 | 23.2% | 24.9% |
| Q4 25 | 13.4% | 22.2% | ||
| Q3 25 | 21.6% | 22.2% | ||
| Q2 25 | — | 21.4% | ||
| Q1 25 | 35.9% | 23.9% | ||
| Q4 24 | 22.9% | 19.9% | ||
| Q3 24 | 19.1% | 21.4% | ||
| Q2 24 | — | 5.2% | ||
| Q1 24 | 20.9% | 18.9% |
| Q4 25 | $2.13 | $1.38 | ||
| Q3 25 | $4.12 | $1.34 | ||
| Q2 25 | — | $1.16 | ||
| Q1 25 | $10.38 | $1.25 | ||
| Q4 24 | $4.47 | $1.08 | ||
| Q3 24 | $3.06 | $1.06 | ||
| Q2 24 | — | $0.20 | ||
| Q1 24 | $3.00 | $0.89 |
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 | $369.4M | $582.5M |
| 总债务越低越好 | — | $348.4M |
| 股东权益账面价值 | $2.7B | $1.2B |
| 总资产 | $3.1B | $2.2B |
| 负债/权益比越低杠杆越低 | — | 0.29× |
8季度趋势，按日历期对齐
| Q4 25 | $369.4M | $582.5M | ||
| Q3 25 | $251.9M | $506.3M | ||
| Q2 25 | — | $371.0M | ||
| Q1 25 | $497.2M | $387.6M | ||
| Q4 24 | $140.3M | $504.4M | ||
| Q3 24 | $181.7M | $375.0M | ||
| Q2 24 | — | $307.4M | ||
| Q1 24 | $367.1M | $359.8M |
| Q4 25 | — | $348.4M | ||
| Q3 25 | — | $348.3M | ||
| Q2 25 | — | $348.2M | ||
| Q1 25 | — | $348.2M | ||
| Q4 24 | — | $348.1M | ||
| Q3 24 | — | $348.0M | ||
| Q2 24 | — | $348.0M | ||
| Q1 24 | — | $347.9M |
| Q4 25 | $2.7B | $1.2B | ||
| Q3 25 | $2.7B | $1.2B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | $2.4B | $1.1B | ||
| Q4 24 | $2.0B | $1.1B | ||
| Q3 24 | $1.9B | $1.1B | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | $1.7B | $1.1B |
| Q4 25 | $3.1B | $2.2B | ||
| Q3 25 | $3.2B | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | $3.1B | $2.0B | ||
| Q4 24 | $2.5B | $2.1B | ||
| Q3 24 | $2.4B | $2.0B | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | $2.1B | $2.1B |
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | 0.29× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.32× | ||
| Q2 24 | — | 0.34× | ||
| Q1 24 | — | 0.30× |
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 | $94.8M | $297.3M |
| 自由现金流经营现金流 - 资本支出 | $47.9M | $294.6M |
| 自由现金流率自由现金流/营收 | 6.2% | 61.0% |
| 资本支出强度资本支出/营收 | 6.1% | 0.6% |
| 现金转化率经营现金流/净利润 | 0.92× | 2.78× |
| 过去12个月自由现金流最近4个季度 | $895.9M | $427.5M |
8季度趋势，按日历期对齐
| Q4 25 | $94.8M | $297.3M | ||
| Q3 25 | $278.6M | $103.1M | ||
| Q2 25 | — | $18.8M | ||
| Q1 25 | $571.6M | $14.3M | ||
| Q4 24 | $122.7M | $346.6M | ||
| Q3 24 | $117.5M | $117.1M | ||
| Q2 24 | — | $88.7M | ||
| Q1 24 | $164.0M | $14.0M |
| Q4 25 | $47.9M | $294.6M | ||
| Q3 25 | $233.3M | $101.6M | ||
| Q2 25 | — | $18.0M | ||
| Q1 25 | $521.8M | $13.3M | ||
| Q4 24 | $92.9M | $342.5M | ||
| Q3 24 | $81.7M | $114.1M | ||
| Q2 24 | — | $82.7M | ||
| Q1 24 | $133.8M | $13.5M |
| Q4 25 | 6.2% | 61.0% | ||
| Q3 25 | 25.3% | 21.6% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | 36.8% | 3.1% | ||
| Q4 24 | 9.7% | 80.7% | ||
| Q3 24 | 10.4% | 27.9% | ||
| Q2 24 | — | 20.5% | ||
| Q1 24 | 19.0% | 3.4% |
| Q4 25 | 6.1% | 0.6% | ||
| Q3 25 | 4.9% | 0.3% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | 3.5% | 0.2% | ||
| Q4 24 | 3.1% | 0.9% | ||
| Q3 24 | 4.6% | 0.7% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | 4.3% | 0.1% |
| Q4 25 | 0.92× | 2.78× | ||
| Q3 25 | 1.40× | 0.99× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | 1.12× | 0.14× | ||
| Q4 24 | 0.56× | 4.09× | ||
| Q3 24 | 0.78× | 1.34× | ||
| Q2 24 | — | 4.22× | ||
| Q1 24 | 1.12× | 0.19× |
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
CALM
| Retail | $625.4M | 81% |
| Prepared Foods | $71.7M | 9% |
| Egg Products | $34.5M | 4% |
| Service Other | $19.2M | 2% |
| Other | $13.8M | 2% |
FHI
| Investment Advisory Management And Administrative Service | $314.0M | 65% |
| Separateaccounts | $63.9M | 13% |
| Other | $61.2M | 13% |
| Distribution Service | $43.7M | 9% |
