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CAL-MAINE FOODS INC（CALM）与雷诺士国际（LII）财务数据对比。点击上方公司名可切换其他公司
雷诺士国际的季度营收约是CAL-MAINE FOODS INC的1.6倍（$1.2B vs $769.5M），雷诺士国际净利率更高（13.6% vs 13.4%，领先0.2%），雷诺士国际同比增速更快（-11.2% vs -19.4%），雷诺士国际自由现金流更多（$376.7M vs $47.9M），过去两年CAL-MAINE FOODS INC的营收复合增速更高（29.4% vs 6.8%）
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。
雷诺士国际是美国知名的暖通空调（HVAC）及制冷领域气候控制产品供应商，总部位于得克萨斯州理查森。公司在墨西哥萨尔蒂约、美国爱荷华州马歇尔敦、南卡罗来纳州奥兰治堡设有核心生产基地，1904年收购公司的诺里斯家族后裔约翰·W·诺里斯三世持有其9.8%的股份。
CALM vs LII — 直观对比
营收规模更大
LII
是对方的1.6倍
$769.5M
营收增速更快
LII
高出8.2%
-19.4%
净利率更高
LII
高出0.2%
13.4%
自由现金流更多
LII
多$328.8M
$47.9M
两年增速更快
CALM
近两年复合增速
6.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $769.5M | $1.2B |
| 净利润 | $102.8M | $162.1M |
| 毛利率 | 27.0% | 34.7% |
| 营业利润率 | 16.1% | 18.6% |
| 净利率 | 13.4% | 13.6% |
| 营收同比 | -19.4% | -11.2% |
| 净利润同比 | -53.1% | -18.0% |
| 每股收益（稀释后） | $2.13 | $4.62 |
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CALMLII
| Q4 25 | $769.5M | $1.2B | ||
| Q3 25 | $922.6M | $1.4B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | $1.4B | $1.1B | ||
| Q4 24 | $954.7M | $1.3B | ||
| Q3 24 | $785.9M | $1.5B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | $703.1M | $1.0B |
净利润CALMLII
| Q4 25 | $102.8M | $162.1M | ||
| Q3 25 | $199.3M | $245.8M | ||
| Q2 25 | — | $277.6M | ||
| Q1 25 | $508.5M | $120.3M | ||
| Q4 24 | $219.1M | $197.7M | ||
| Q3 24 | $150.0M | $239.0M | ||
| Q2 24 | — | $245.9M | ||
| Q1 24 | $146.7M | $124.3M |
毛利率CALMLII
| Q4 25 | 27.0% | 34.7% | ||
| Q3 25 | 33.7% | 32.8% | ||
| Q2 25 | — | 34.8% | ||
| Q1 25 | 50.5% | 30.6% | ||
| Q4 24 | 37.3% | 33.9% | ||
| Q3 24 | 31.5% | 32.6% | ||
| Q2 24 | — | 33.6% | ||
| Q1 24 | 31.1% | 32.5% |
营业利润率CALMLII
| Q4 25 | 16.1% | 18.6% | ||
| Q3 25 | 27.0% | 21.7% | ||
| Q2 25 | — | 23.6% | ||
| Q1 25 | 44.8% | 14.5% | ||
| Q4 24 | 29.1% | 18.2% | ||
| Q3 24 | 23.8% | 20.2% | ||
| Q2 24 | — | 22.1% | ||
| Q1 24 | 23.2% | 15.9% |
净利率CALMLII
| Q4 25 | 13.4% | 13.6% | ||
| Q3 25 | 21.6% | 17.2% | ||
| Q2 25 | — | 18.5% | ||
| Q1 25 | 35.9% | 11.2% | ||
| Q4 24 | 22.9% | 14.7% | ||
| Q3 24 | 19.1% | 16.0% | ||
| Q2 24 | — | 16.9% | ||
| Q1 24 | 20.9% | 11.9% |
每股收益（稀释后）CALMLII
| Q4 25 | $2.13 | $4.62 | ||
| Q3 25 | $4.12 | $6.98 | ||
| Q2 25 | — | $7.82 | ||
| Q1 25 | $10.38 | $3.37 | ||
| Q4 24 | $4.47 | $5.52 | ||
| Q3 24 | $3.06 | $6.68 | ||
| Q2 24 | — | $6.87 | ||
| Q1 24 | $3.00 | $3.47 |
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 | $34.7M |
| 总债务越低越好 | — | $1.1B |
| 股东权益账面价值 | $2.7B | $1.2B |
| 总资产 | $3.1B | $4.1B |
| 负债/权益比越低杠杆越低 | — | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资CALMLII
| Q4 25 | $369.4M | $34.7M | ||
| Q3 25 | $251.9M | $59.2M | ||
| Q2 25 | — | $55.1M | ||
| Q1 25 | $497.2M | $222.9M | ||
| Q4 24 | $140.3M | $422.3M | ||
| Q3 24 | $181.7M | $255.7M | ||
| Q2 24 | — | $57.8M | ||
| Q1 24 | $367.1M | $57.6M |
总债务CALMLII
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $838.2M | ||
| Q2 25 | — | $835.7M | ||
| Q1 25 | — | $834.2M | ||
| Q4 24 | — | $833.1M | ||
| Q3 24 | — | $827.6M | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.2B |
股东权益CALMLII
| Q4 25 | $2.7B | $1.2B | ||
| Q3 25 | $2.7B | $1.1B | ||
| Q2 25 | — | $900.5M | ||
| Q1 25 | $2.4B | $852.5M | ||
| Q4 24 | $2.0B | $850.2M | ||
| Q3 24 | $1.9B | $754.0M | ||
| Q2 24 | — | $577.4M | ||
| Q1 24 | $1.7B | $368.8M |
总资产CALMLII
| Q4 25 | $3.1B | $4.1B | ||
| Q3 25 | $3.2B | $3.5B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | $3.1B | $3.5B | ||
| Q4 24 | $2.5B | $3.5B | ||
| Q3 24 | $2.4B | $3.3B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | $2.1B | $3.0B |
负债/权益比CALMLII
| Q4 25 | — | 0.98× | ||
| Q3 25 | — | 0.78× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 0.98× | ||
| Q3 24 | — | 1.10× | ||
| Q2 24 | — | 1.95× | ||
| Q1 24 | — | 3.13× |
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 | $405.9M |
| 自由现金流经营现金流 - 资本支出 | $47.9M | $376.7M |
| 自由现金流率自由现金流/营收 | 6.2% | 31.5% |
| 资本支出强度资本支出/营收 | 6.1% | 2.4% |
| 现金转化率经营现金流/净利润 | 0.92× | 2.50× |
| 过去12个月自由现金流最近4个季度 | $895.9M | $638.8M |
8季度趋势，按日历期对齐
经营现金流CALMLII
| Q4 25 | $94.8M | $405.9M | ||
| Q3 25 | $278.6M | $300.7M | ||
| Q2 25 | — | $86.8M | ||
| Q1 25 | $571.6M | $-35.8M | ||
| Q4 24 | $122.7M | $332.4M | ||
| Q3 24 | $117.5M | $452.1M | ||
| Q2 24 | — | $184.0M | ||
| Q1 24 | $164.0M | $-22.8M |
自由现金流CALMLII
| Q4 25 | $47.9M | $376.7M | ||
| Q3 25 | $233.3M | $265.1M | ||
| Q2 25 | — | $58.3M | ||
| Q1 25 | $521.8M | $-61.3M | ||
| Q4 24 | $92.9M | $272.2M | ||
| Q3 24 | $81.7M | $410.9M | ||
| Q2 24 | — | $151.3M | ||
| Q1 24 | $133.8M | $-52.3M |
自由现金流率CALMLII
| Q4 25 | 6.2% | 31.5% | ||
| Q3 25 | 25.3% | 18.6% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | 36.8% | -5.7% | ||
| Q4 24 | 9.7% | 20.2% | ||
| Q3 24 | 10.4% | 27.4% | ||
| Q2 24 | — | 10.4% | ||
| Q1 24 | 19.0% | -5.0% |
资本支出强度CALMLII
| Q4 25 | 6.1% | 2.4% | ||
| Q3 25 | 4.9% | 2.5% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | 3.5% | 2.4% | ||
| Q4 24 | 3.1% | 4.5% | ||
| Q3 24 | 4.6% | 2.8% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | 4.3% | 2.8% |
现金转化率CALMLII
| Q4 25 | 0.92× | 2.50× | ||
| Q3 25 | 1.40× | 1.22× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | 1.12× | -0.30× | ||
| Q4 24 | 0.56× | 1.68× | ||
| Q3 24 | 0.78× | 1.89× | ||
| Q2 24 | — | 0.75× | ||
| Q1 24 | 1.12× | -0.18× |
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% |
LII
| Residential Heating And Cooling | $699.8M | 59% |
| Commercial Heating And Cooling | $495.2M | 41% |
