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CAL-MAINE FOODS INC（CALM）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
CAL-MAINE FOODS INC的季度营收约是六旗的3.4倍（$769.5M vs $225.6M），CAL-MAINE FOODS INC净利率更高（13.4% vs -119.0%，领先132.4%），六旗同比增速更快（11.7% vs -19.4%）
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。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
CALM vs FUN — 直观对比
营收规模更大
CALM
是对方的3.4倍
$225.6M
营收增速更快
FUN
高出31.1%
-19.4%
净利率更高
CALM
高出132.4%
-119.0%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $769.5M | $225.6M |
| 净利润 | $102.8M | $-268.6M |
| 毛利率 | 27.0% | — |
| 营业利润率 | 16.1% | — |
| 净利率 | 13.4% | -119.0% |
| 营收同比 | -19.4% | 11.7% |
| 净利润同比 | -53.1% | -22.2% |
| 每股收益（稀释后） | $2.13 | — |
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CALMFUN
| Q1 26 | — | $225.6M | ||
| Q4 25 | $769.5M | $650.1M | ||
| Q3 25 | $922.6M | $1.3B | ||
| Q2 25 | — | $930.4M | ||
| Q1 25 | $1.4B | $202.1M | ||
| Q4 24 | $954.7M | — | ||
| Q3 24 | $785.9M | $1.3B | ||
| Q2 24 | — | $571.6M |
净利润CALMFUN
| Q1 26 | — | $-268.6M | ||
| Q4 25 | $102.8M | $-92.4M | ||
| Q3 25 | $199.3M | $-1.2B | ||
| Q2 25 | — | $-99.6M | ||
| Q1 25 | $508.5M | $-219.7M | ||
| Q4 24 | $219.1M | — | ||
| Q3 24 | $150.0M | $111.0M | ||
| Q2 24 | — | $55.6M |
毛利率CALMFUN
| Q1 26 | — | — | ||
| Q4 25 | 27.0% | 91.4% | ||
| Q3 25 | 33.7% | 91.6% | ||
| Q2 25 | — | 91.3% | ||
| Q1 25 | 50.5% | 89.3% | ||
| Q4 24 | 37.3% | — | ||
| Q3 24 | 31.5% | 91.9% | ||
| Q2 24 | — | 90.7% |
营业利润率CALMFUN
| Q1 26 | — | — | ||
| Q4 25 | 16.1% | -3.8% | ||
| Q3 25 | 27.0% | -83.7% | ||
| Q2 25 | — | 8.0% | ||
| Q1 25 | 44.8% | -158.9% | ||
| Q4 24 | 29.1% | — | ||
| Q3 24 | 23.8% | 19.5% | ||
| Q2 24 | — | 21.6% |
净利率CALMFUN
| Q1 26 | — | -119.0% | ||
| Q4 25 | 13.4% | -14.2% | ||
| Q3 25 | 21.6% | -90.1% | ||
| Q2 25 | — | -10.7% | ||
| Q1 25 | 35.9% | -108.7% | ||
| Q4 24 | 22.9% | — | ||
| Q3 24 | 19.1% | 8.2% | ||
| Q2 24 | — | 9.7% |
每股收益（稀释后）CALMFUN
| Q1 26 | — | — | ||
| Q4 25 | $2.13 | $-0.93 | ||
| Q3 25 | $4.12 | $-11.77 | ||
| Q2 25 | — | $-0.99 | ||
| Q1 25 | $10.38 | $-2.20 | ||
| Q4 24 | $4.47 | — | ||
| Q3 24 | $3.06 | $1.10 | ||
| Q2 24 | — | — |
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 | $116.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.7B | $279.2M |
| 总资产 | $3.1B | $7.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CALMFUN
| Q1 26 | — | $116.5M | ||
| Q4 25 | $369.4M | $91.1M | ||
| Q3 25 | $251.9M | $70.7M | ||
| Q2 25 | — | $107.4M | ||
| Q1 25 | $497.2M | $61.5M | ||
| Q4 24 | $140.3M | — | ||
| Q3 24 | $181.7M | $89.7M | ||
| Q2 24 | — | $52.9M |
总债务CALMFUN
| Q1 26 | — | — | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $2.3B |
股东权益CALMFUN
| Q1 26 | — | $279.2M | ||
| Q4 25 | $2.7B | $549.8M | ||
| Q3 25 | $2.7B | $614.3M | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | $2.4B | $1.8B | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $1.9B | $2.3B | ||
| Q2 24 | — | — |
总资产CALMFUN
| Q1 26 | — | $7.7B | ||
| Q4 25 | $3.1B | $7.8B | ||
| Q3 25 | $3.2B | $7.9B | ||
| Q2 25 | — | $9.5B | ||
| Q1 25 | $3.1B | $9.2B | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.4B | $9.4B | ||
| Q2 24 | — | $2.3B |
负债/权益比CALMFUN
| Q1 26 | — | — | ||
| Q4 25 | — | 9.40× | ||
| Q3 25 | — | 8.16× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | — | 2.75× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.95× | ||
| Q2 24 | — | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $47.9M | — |
| 自由现金流率自由现金流/营收 | 6.2% | — |
| 资本支出强度资本支出/营收 | 6.1% | — |
| 现金转化率经营现金流/净利润 | 0.92× | — |
| 过去12个月自由现金流最近4个季度 | $895.9M | — |
8季度趋势，按日历期对齐
经营现金流CALMFUN
| Q1 26 | — | — | ||
| Q4 25 | $94.8M | $-37.7M | ||
| Q3 25 | $278.6M | $356.2M | ||
| Q2 25 | — | $187.0M | ||
| Q1 25 | $571.6M | $-178.0M | ||
| Q4 24 | $122.7M | — | ||
| Q3 24 | $117.5M | $337.4M | ||
| Q2 24 | — | — |
自由现金流CALMFUN
| Q1 26 | — | — | ||
| Q4 25 | $47.9M | $-109.3M | ||
| Q3 25 | $233.3M | $256.2M | ||
| Q2 25 | — | $18.8M | ||
| Q1 25 | $521.8M | $-318.0M | ||
| Q4 24 | $92.9M | — | ||
| Q3 24 | $81.7M | $227.7M | ||
| Q2 24 | — | — |
自由现金流率CALMFUN
| Q1 26 | — | — | ||
| Q4 25 | 6.2% | -16.8% | ||
| Q3 25 | 25.3% | 19.4% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | 36.8% | -157.4% | ||
| Q4 24 | 9.7% | — | ||
| Q3 24 | 10.4% | 16.9% | ||
| Q2 24 | — | — |
资本支出强度CALMFUN
| Q1 26 | — | — | ||
| Q4 25 | 6.1% | 11.0% | ||
| Q3 25 | 4.9% | 7.6% | ||
| Q2 25 | — | 18.1% | ||
| Q1 25 | 3.5% | 69.3% | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 4.6% | 8.1% | ||
| Q2 24 | — | — |
现金转化率CALMFUN
| Q1 26 | — | — | ||
| Q4 25 | 0.92× | — | ||
| Q3 25 | 1.40× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.12× | — | ||
| Q4 24 | 0.56× | — | ||
| Q3 24 | 0.78× | 3.04× | ||
| Q2 24 | — | — |
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% |
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
