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Cadre Holdings, Inc.（CDRE）与百胜餐饮集团（LCUT）财务数据对比。点击上方公司名可切换其他公司
百胜餐饮集团的季度营收约是Cadre Holdings, Inc.的1.2倍（$204.1M vs $167.2M），百胜餐饮集团净利率更高（8.9% vs 7.0%，领先1.9%），Cadre Holdings, Inc.同比增速更快（-5.0% vs -5.2%），Cadre Holdings, Inc.自由现金流更多（$18.0M vs $2.6M），过去两年百胜餐饮集团的营收复合增速更高（19.8% vs 10.1%）
Cadre Holdings, Inc.是美国金融科技企业，面向个人及机构客户提供房地产投资项目直投渠道，覆盖纽约等地的商业地产。公司打造的投资平台支持投资者自主选择参与的具体交易项目，且投资门槛远低于全额收购物业所需资金，让不动产投资变得更接近股票交易，获得财经媒体的广泛认可。
百胜餐饮集团是美国跨国快餐企业，1977年百事可乐收购肯德基、必胜客、塔可Bell后将其整合为旗下子公司，1997年百事剥离该业务板块后正式独立为百胜集团。集团目前运营肯德基、必胜客、塔可Bell、哈比特汉堡等多个餐饮品牌，同时布局相关餐饮科技业务，门店网络遍布全球多个国家和地区。
CDRE vs LCUT — 直观对比
营收规模更大
LCUT
是对方的1.2倍
$167.2M
营收增速更快
CDRE
高出0.2%
-5.2%
净利率更高
LCUT
高出1.9%
7.0%
自由现金流更多
CDRE
多$15.4M
$2.6M
两年增速更快
LCUT
近两年复合增速
10.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $167.2M | $204.1M |
| 净利润 | $11.7M | $18.2M |
| 毛利率 | 43.4% | 38.6% |
| 营业利润率 | 12.2% | 9.8% |
| 净利率 | 7.0% | 8.9% |
| 营收同比 | -5.0% | -5.2% |
| 净利润同比 | -9.6% | 103.5% |
| 每股收益（稀释后） | $0.22 | $0.83 |
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CDRELCUT
| Q4 25 | $167.2M | $204.1M | ||
| Q3 25 | $155.9M | $171.9M | ||
| Q2 25 | $157.1M | $131.9M | ||
| Q1 25 | $130.1M | $140.1M | ||
| Q4 24 | $176.0M | $215.2M | ||
| Q3 24 | $109.4M | $183.8M | ||
| Q2 24 | $144.3M | $141.7M | ||
| Q1 24 | $137.9M | $142.2M |
净利润CDRELCUT
| Q4 25 | $11.7M | $18.2M | ||
| Q3 25 | $10.9M | $-1.2M | ||
| Q2 25 | $12.2M | $-39.7M | ||
| Q1 25 | $9.2M | $-4.2M | ||
| Q4 24 | $13.0M | $8.9M | ||
| Q3 24 | $3.7M | $344.0K | ||
| Q2 24 | $12.6M | $-18.2M | ||
| Q1 24 | $6.9M | $-6.3M |
毛利率CDRELCUT
| Q4 25 | 43.4% | 38.6% | ||
| Q3 25 | 42.7% | 35.1% | ||
| Q2 25 | 40.9% | 38.6% | ||
| Q1 25 | 43.1% | 36.1% | ||
| Q4 24 | 43.9% | 37.7% | ||
| Q3 24 | 36.6% | 36.7% | ||
| Q2 24 | 40.6% | 38.5% | ||
| Q1 24 | 41.8% | 40.5% |
营业利润率CDRELCUT
| Q4 25 | 12.2% | 9.8% | ||
| Q3 25 | 12.0% | 3.9% | ||
| Q2 25 | 9.3% | -28.2% | ||
| Q1 25 | 10.4% | 0.8% | ||
| Q4 24 | 16.7% | 7.2% | ||
| Q3 24 | 5.0% | 4.7% | ||
| Q2 24 | 13.8% | 0.8% | ||
| Q1 24 | 8.7% | 1.3% |
净利率CDRELCUT
| Q4 25 | 7.0% | 8.9% | ||
| Q3 25 | 7.0% | -0.7% | ||
| Q2 25 | 7.8% | -30.1% | ||
| Q1 25 | 7.1% | -3.0% | ||
| Q4 24 | 7.4% | 4.1% | ||
| Q3 24 | 3.3% | 0.2% | ||
| Q2 24 | 8.7% | -12.8% | ||
| Q1 24 | 5.0% | -4.4% |
每股收益（稀释后）CDRELCUT
| Q4 25 | $0.22 | $0.83 | ||
| Q3 25 | $0.27 | $-0.05 | ||
| Q2 25 | $0.30 | $-1.83 | ||
| Q1 25 | $0.23 | $-0.19 | ||
| Q4 24 | $0.32 | $0.41 | ||
| Q3 24 | $0.09 | $0.02 | ||
| Q2 24 | $0.31 | $-0.85 | ||
| Q1 24 | $0.18 | $-0.29 |
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 | $122.9M | $4.3M |
| 总债务越低越好 | — | $135.0M |
| 股东权益账面价值 | $317.8M | $202.3M |
| 总资产 | $770.0M | $572.6M |
| 负债/权益比越低杠杆越低 | — | 0.67× |
8季度趋势，按日历期对齐
现金及短期投资CDRELCUT
| Q4 25 | $122.9M | $4.3M | ||
| Q3 25 | $150.9M | $12.1M | ||
| Q2 25 | $137.5M | $12.0M | ||
| Q1 25 | $133.4M | $10.4M | ||
| Q4 24 | $124.9M | $2.9M | ||
| Q3 24 | $93.0M | $6.0M | ||
| Q2 24 | $105.9M | $3.4M | ||
| Q1 24 | $87.1M | $4.6M |
总债务CDRELCUT
| Q4 25 | — | $135.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $142.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CDRELCUT
| Q4 25 | $317.8M | $202.3M | ||
| Q3 25 | $340.4M | $184.6M | ||
| Q2 25 | $332.5M | $185.8M | ||
| Q1 25 | $317.6M | $225.7M | ||
| Q4 24 | $311.5M | $229.9M | ||
| Q3 24 | $300.3M | $220.9M | ||
| Q2 24 | $299.4M | $219.8M | ||
| Q1 24 | $270.7M | $223.7M |
总资产CDRELCUT
| Q4 25 | $770.0M | $572.6M | ||
| Q3 25 | $792.1M | $581.1M | ||
| Q2 25 | $794.4M | $551.9M | ||
| Q1 25 | $656.3M | $594.6M | ||
| Q4 24 | $652.7M | $634.3M | ||
| Q3 24 | $616.6M | $668.7M | ||
| Q2 24 | $620.6M | $617.0M | ||
| Q1 24 | $599.4M | $602.7M |
负债/权益比CDRELCUT
| Q4 25 | — | 0.67× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.62× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $21.3M | $3.7M |
| 自由现金流经营现金流 - 资本支出 | $18.0M | $2.6M |
| 自由现金流率自由现金流/营收 | 10.7% | 1.3% |
| 资本支出强度资本支出/营收 | 2.0% | 0.6% |
| 现金转化率经营现金流/净利润 | 1.81× | 0.21× |
| 过去12个月自由现金流最近4个季度 | $56.8M | $3.3M |
8季度趋势，按日历期对齐
经营现金流CDRELCUT
| Q4 25 | $21.3M | $3.7M | ||
| Q3 25 | $22.5M | $-22.2M | ||
| Q2 25 | $2.6M | $9.3M | ||
| Q1 25 | $17.4M | $16.7M | ||
| Q4 24 | $23.7M | $20.3M | ||
| Q3 24 | $-5.2M | $-22.7M | ||
| Q2 24 | $11.1M | $10.4M | ||
| Q1 24 | $2.1M | $10.5M |
自由现金流CDRELCUT
| Q4 25 | $18.0M | $2.6M | ||
| Q3 25 | $21.6M | $-22.7M | ||
| Q2 25 | $1.2M | $8.2M | ||
| Q1 25 | $16.1M | $15.1M | ||
| Q4 24 | $22.4M | $19.7M | ||
| Q3 24 | $-6.2M | $-23.2M | ||
| Q2 24 | $9.1M | $9.9M | ||
| Q1 24 | $794.0K | $9.9M |
自由现金流率CDRELCUT
| Q4 25 | 10.7% | 1.3% | ||
| Q3 25 | 13.9% | -13.2% | ||
| Q2 25 | 0.7% | 6.2% | ||
| Q1 25 | 12.4% | 10.8% | ||
| Q4 24 | 12.7% | 9.1% | ||
| Q3 24 | -5.7% | -12.6% | ||
| Q2 24 | 6.3% | 7.0% | ||
| Q1 24 | 0.6% | 7.0% |
资本支出强度CDRELCUT
| Q4 25 | 2.0% | 0.6% | ||
| Q3 25 | 0.5% | 0.3% | ||
| Q2 25 | 0.9% | 0.9% | ||
| Q1 25 | 1.0% | 1.1% | ||
| Q4 24 | 0.7% | 0.3% | ||
| Q3 24 | 0.9% | 0.3% | ||
| Q2 24 | 1.4% | 0.4% | ||
| Q1 24 | 1.0% | 0.4% |
现金转化率CDRELCUT
| Q4 25 | 1.81× | 0.21× | ||
| Q3 25 | 2.05× | — | ||
| Q2 25 | 0.21× | — | ||
| Q1 25 | 1.88× | — | ||
| Q4 24 | 1.83× | 2.28× | ||
| Q3 24 | -1.43× | -65.89× | ||
| Q2 24 | 0.89× | — | ||
| Q1 24 | 0.31× | — |
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
CDRE
| U.s.state And Local Agencies | $72.7M | 43% |
| Other | $48.6M | 29% |
| U.s.Federal Agencies | $31.6M | 19% |
| Commercial | $12.0M | 7% |
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
