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CAL-MAINE FOODS INC（CALM）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是CAL-MAINE FOODS INC的1.8倍（$1.4B vs $769.5M），CAL-MAINE FOODS INC净利率更高（13.4% vs 5.8%，领先7.6%），ROKU, INC同比增速更快（16.1% vs -19.4%），ROKU, INC自由现金流更多（$106.6M vs $47.9M），过去两年CAL-MAINE FOODS INC的营收复合增速更高（29.4% vs 25.8%）
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。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
CALM vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.8倍
$769.5M
营收增速更快
ROKU
高出35.5%
-19.4%
净利率更高
CALM
高出7.6%
5.8%
自由现金流更多
ROKU
多$58.6M
$47.9M
两年增速更快
CALM
近两年复合增速
25.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $769.5M | $1.4B |
| 净利润 | $102.8M | $80.5M |
| 毛利率 | 27.0% | 43.5% |
| 营业利润率 | 16.1% | 4.7% |
| 净利率 | 13.4% | 5.8% |
| 营收同比 | -19.4% | 16.1% |
| 净利润同比 | -53.1% | 326.4% |
| 每股收益（稀释后） | $2.13 | $0.55 |
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CALMROKU
| Q4 25 | $769.5M | $1.4B | ||
| Q3 25 | $922.6M | $1.2B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $954.7M | $1.2B | ||
| Q3 24 | $785.9M | $1.1B | ||
| Q2 24 | — | $968.2M | ||
| Q1 24 | $703.1M | $881.5M |
净利润CALMROKU
| Q4 25 | $102.8M | $80.5M | ||
| Q3 25 | $199.3M | $24.8M | ||
| Q2 25 | — | $10.5M | ||
| Q1 25 | $508.5M | $-27.4M | ||
| Q4 24 | $219.1M | $-35.5M | ||
| Q3 24 | $150.0M | $-9.0M | ||
| Q2 24 | — | $-34.0M | ||
| Q1 24 | $146.7M | $-50.9M |
毛利率CALMROKU
| Q4 25 | 27.0% | 43.5% | ||
| Q3 25 | 33.7% | 43.4% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | 50.5% | 43.6% | ||
| Q4 24 | 37.3% | 42.7% | ||
| Q3 24 | 31.5% | 45.2% | ||
| Q2 24 | — | 43.9% | ||
| Q1 24 | 31.1% | 44.1% |
营业利润率CALMROKU
| Q4 25 | 16.1% | 4.7% | ||
| Q3 25 | 27.0% | 0.8% | ||
| Q2 25 | — | -2.1% | ||
| Q1 25 | 44.8% | -5.7% | ||
| Q4 24 | 29.1% | -3.3% | ||
| Q3 24 | 23.8% | -3.4% | ||
| Q2 24 | — | -7.4% | ||
| Q1 24 | 23.2% | -8.2% |
净利率CALMROKU
| Q4 25 | 13.4% | 5.8% | ||
| Q3 25 | 21.6% | 2.0% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | 35.9% | -2.7% | ||
| Q4 24 | 22.9% | -3.0% | ||
| Q3 24 | 19.1% | -0.9% | ||
| Q2 24 | — | -3.5% | ||
| Q1 24 | 20.9% | -5.8% |
每股收益（稀释后）CALMROKU
| Q4 25 | $2.13 | $0.55 | ||
| Q3 25 | $4.12 | $0.16 | ||
| Q2 25 | — | $0.07 | ||
| Q1 25 | $10.38 | $-0.19 | ||
| Q4 24 | $4.47 | $-0.24 | ||
| Q3 24 | $3.06 | $-0.06 | ||
| Q2 24 | — | $-0.24 | ||
| Q1 24 | $3.00 | $-0.35 |
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 | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.7B | $2.7B |
| 总资产 | $3.1B | $4.4B |
| 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CALMROKU
| Q4 25 | $369.4M | $2.3B | ||
| Q3 25 | $251.9M | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | $497.2M | $2.3B | ||
| Q4 24 | $140.3M | $2.2B | ||
| Q3 24 | $181.7M | $2.1B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | $367.1M | $2.1B |
股东权益CALMROKU
| Q4 25 | $2.7B | $2.7B | ||
| Q3 25 | $2.7B | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | $2.4B | $2.5B | ||
| Q4 24 | $2.0B | $2.5B | ||
| Q3 24 | $1.9B | $2.5B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | $1.7B | $2.4B |
总资产CALMROKU
| Q4 25 | $3.1B | $4.4B | ||
| Q3 25 | $3.2B | $4.4B | ||
| Q2 25 | — | $4.3B | ||
| Q1 25 | $3.1B | $4.2B | ||
| Q4 24 | $2.5B | $4.3B | ||
| Q3 24 | $2.4B | $4.3B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | $2.1B | $4.2B |
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 | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $47.9M | $106.6M |
| 自由现金流率自由现金流/营收 | 6.2% | 7.6% |
| 资本支出强度资本支出/营收 | 6.1% | 0.1% |
| 现金转化率经营现金流/净利润 | 0.92× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $895.9M | $478.4M |
8季度趋势，按日历期对齐
经营现金流CALMROKU
| Q4 25 | $94.8M | $107.7M | ||
| Q3 25 | $278.6M | $127.6M | ||
| Q2 25 | — | $109.7M | ||
| Q1 25 | $571.6M | $138.7M | ||
| Q4 24 | $122.7M | $79.3M | ||
| Q3 24 | $117.5M | $68.7M | ||
| Q2 24 | — | $23.4M | ||
| Q1 24 | $164.0M | $46.7M |
自由现金流CALMROKU
| Q4 25 | $47.9M | $106.6M | ||
| Q3 25 | $233.3M | $126.5M | ||
| Q2 25 | — | $108.6M | ||
| Q1 25 | $521.8M | $136.8M | ||
| Q4 24 | $92.9M | $76.8M | ||
| Q3 24 | $81.7M | $67.6M | ||
| Q2 24 | — | $22.5M | ||
| Q1 24 | $133.8M | $46.0M |
自由现金流率CALMROKU
| Q4 25 | 6.2% | 7.6% | ||
| Q3 25 | 25.3% | 10.4% | ||
| Q2 25 | — | 9.8% | ||
| Q1 25 | 36.8% | 13.4% | ||
| Q4 24 | 9.7% | 6.4% | ||
| Q3 24 | 10.4% | 6.4% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | 19.0% | 5.2% |
资本支出强度CALMROKU
| Q4 25 | 6.1% | 0.1% | ||
| Q3 25 | 4.9% | 0.1% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | 3.5% | 0.2% | ||
| Q4 24 | 3.1% | 0.2% | ||
| Q3 24 | 4.6% | 0.1% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | 4.3% | 0.1% |
现金转化率CALMROKU
| Q4 25 | 0.92× | 1.34× | ||
| Q3 25 | 1.40× | 5.14× | ||
| Q2 25 | — | 10.45× | ||
| Q1 25 | 1.12× | — | ||
| Q4 24 | 0.56× | — | ||
| Q3 24 | 0.78× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.12× | — |
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% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
