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CAL-MAINE FOODS INC（CALM）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是CAL-MAINE FOODS INC的1.9倍（$1.5B vs $769.5M），CAL-MAINE FOODS INC净利率更高（13.4% vs -3.1%，领先16.5%），RXO, Inc.同比增速更快（-11.9% vs -19.4%），CAL-MAINE FOODS INC自由现金流更多（$47.9M vs $-9.0M），过去两年CAL-MAINE FOODS INC的营收复合增速更高（29.4% vs 26.8%）
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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
CALM vs RXO — 直观对比
营收规模更大
RXO
是对方的1.9倍
$769.5M
营收增速更快
RXO
高出7.5%
-19.4%
净利率更高
CALM
高出16.5%
-3.1%
自由现金流更多
CALM
多$56.9M
$-9.0M
两年增速更快
CALM
近两年复合增速
26.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $769.5M | $1.5B |
| 净利润 | $102.8M | $-46.0M |
| 毛利率 | 27.0% | — |
| 营业利润率 | 16.1% | -2.9% |
| 净利率 | 13.4% | -3.1% |
| 营收同比 | -19.4% | -11.9% |
| 净利润同比 | -53.1% | -84.0% |
| 每股收益（稀释后） | $2.13 | $-0.28 |
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CALMRXO
| Q4 25 | $769.5M | $1.5B | ||
| Q3 25 | $922.6M | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $954.7M | $1.7B | ||
| Q3 24 | $785.9M | $1.0B | ||
| Q2 24 | — | $930.0M | ||
| Q1 24 | $703.1M | $913.0M |
净利润CALMRXO
| Q4 25 | $102.8M | $-46.0M | ||
| Q3 25 | $199.3M | $-14.0M | ||
| Q2 25 | — | $-9.0M | ||
| Q1 25 | $508.5M | $-31.0M | ||
| Q4 24 | $219.1M | $-25.0M | ||
| Q3 24 | $150.0M | $-243.0M | ||
| Q2 24 | — | $-7.0M | ||
| Q1 24 | $146.7M | $-15.0M |
毛利率CALMRXO
| 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% | — |
营业利润率CALMRXO
| Q4 25 | 16.1% | -2.9% | ||
| Q3 25 | 27.0% | -0.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | 44.8% | -2.1% | ||
| Q4 24 | 29.1% | -1.4% | ||
| Q3 24 | 23.8% | -1.9% | ||
| Q2 24 | — | — | ||
| Q1 24 | 23.2% | -1.3% |
净利率CALMRXO
| Q4 25 | 13.4% | -3.1% | ||
| Q3 25 | 21.6% | -1.0% | ||
| Q2 25 | — | -0.6% | ||
| Q1 25 | 35.9% | -2.2% | ||
| Q4 24 | 22.9% | -1.5% | ||
| Q3 24 | 19.1% | -23.4% | ||
| Q2 24 | — | -0.8% | ||
| Q1 24 | 20.9% | -1.6% |
每股收益（稀释后）CALMRXO
| Q4 25 | $2.13 | $-0.28 | ||
| Q3 25 | $4.12 | $-0.08 | ||
| Q2 25 | — | $-0.05 | ||
| Q1 25 | $10.38 | $-0.18 | ||
| Q4 24 | $4.47 | $-0.17 | ||
| Q3 24 | $3.06 | $-1.81 | ||
| Q2 24 | — | $-0.06 | ||
| Q1 24 | $3.00 | $-0.13 |
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 | $17.0M |
| 总债务越低越好 | — | $387.0M |
| 股东权益账面价值 | $2.7B | $1.5B |
| 总资产 | $3.1B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资CALMRXO
| Q4 25 | $369.4M | $17.0M | ||
| Q3 25 | $251.9M | $25.0M | ||
| Q2 25 | — | $18.0M | ||
| Q1 25 | $497.2M | $16.0M | ||
| Q4 24 | $140.3M | $35.0M | ||
| Q3 24 | $181.7M | $55.0M | ||
| Q2 24 | — | $7.0M | ||
| Q1 24 | $367.1M | $7.0M |
总债务CALMRXO
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
股东权益CALMRXO
| Q4 25 | $2.7B | $1.5B | ||
| Q3 25 | $2.7B | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | $2.4B | $1.6B | ||
| Q4 24 | $2.0B | $1.6B | ||
| Q3 24 | $1.9B | $1.7B | ||
| Q2 24 | — | $579.0M | ||
| Q1 24 | $1.7B | $582.0M |
总资产CALMRXO
| Q4 25 | $3.1B | $3.3B | ||
| Q3 25 | $3.2B | $3.2B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | $3.1B | $3.3B | ||
| Q4 24 | $2.5B | $3.4B | ||
| Q3 24 | $2.4B | $3.4B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | $2.1B | $1.8B |
负债/权益比CALMRXO
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $47.9M | $-9.0M |
| 自由现金流率自由现金流/营收 | 6.2% | -0.6% |
| 资本支出强度资本支出/营收 | 6.1% | 1.1% |
| 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 | $-8.0M |
8季度趋势，按日历期对齐
经营现金流CALMRXO
| Q4 25 | $94.8M | $7.0M | ||
| Q3 25 | $278.6M | $23.0M | ||
| Q2 25 | — | $23.0M | ||
| Q1 25 | $571.6M | $-2.0M | ||
| Q4 24 | $122.7M | $-7.0M | ||
| Q3 24 | $117.5M | $-7.0M | ||
| Q2 24 | — | $-5.0M | ||
| Q1 24 | $164.0M | $7.0M |
自由现金流CALMRXO
| Q4 25 | $47.9M | $-9.0M | ||
| Q3 25 | $233.3M | $9.0M | ||
| Q2 25 | — | $9.0M | ||
| Q1 25 | $521.8M | $-17.0M | ||
| Q4 24 | $92.9M | $-19.0M | ||
| Q3 24 | $81.7M | $-18.0M | ||
| Q2 24 | — | $-16.0M | ||
| Q1 24 | $133.8M | $-4.0M |
自由现金流率CALMRXO
| Q4 25 | 6.2% | -0.6% | ||
| Q3 25 | 25.3% | 0.6% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | 36.8% | -1.2% | ||
| Q4 24 | 9.7% | -1.1% | ||
| Q3 24 | 10.4% | -1.7% | ||
| Q2 24 | — | -1.7% | ||
| Q1 24 | 19.0% | -0.4% |
资本支出强度CALMRXO
| Q4 25 | 6.1% | 1.1% | ||
| Q3 25 | 4.9% | 1.0% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | 3.5% | 1.0% | ||
| Q4 24 | 3.1% | 0.7% | ||
| Q3 24 | 4.6% | 1.1% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | 4.3% | 1.2% |
现金转化率CALMRXO
| Q4 25 | 0.92× | — | ||
| Q3 25 | 1.40× | — | ||
| Q2 25 | — | — | ||
| 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% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
