vs
Churchill Downs Inc（CHDN）与Westrock Coffee Co（WEST）财务数据对比。点击上方公司名可切换其他公司
Churchill Downs Inc的季度营收约是Westrock Coffee Co的2.0倍（$663.0M vs $339.5M），Churchill Downs Inc净利率更高（12.5% vs -6.6%，领先19.2%），Westrock Coffee Co同比增速更快（48.3% vs 3.1%），过去两年Westrock Coffee Co的营收复合增速更高（32.8% vs -13.7%）
丘吉尔唐斯股份有限公司是丘吉尔唐斯赛马场的母公司，起家于美国肯塔基州路易斯维尔的单一赛马场，现已发展为业务覆盖美国多州的上市企业，旗下拥有赛马场、赌场、线上投注平台等多元业务板块。
Westrock Coffee Co是一家全球化综合咖啡及饮品解决方案供应商，业务覆盖咖啡、茶与功能性饮品的采购、烘焙、生产及分销，为北美及全球其他区域的零售、餐饮和商业客户提供定制化产品及配套服务。
CHDN vs WEST — 直观对比
营收规模更大
CHDN
是对方的2.0倍
$339.5M
营收增速更快
WEST
高出45.1%
3.1%
净利率更高
CHDN
高出19.2%
-6.6%
两年增速更快
WEST
近两年复合增速
-13.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $663.0M | $339.5M |
| 净利润 | $83.0M | $-22.6M |
| 毛利率 | — | 11.5% |
| 营业利润率 | 21.6% | -2.6% |
| 净利率 | 12.5% | -6.6% |
| 营收同比 | 3.1% | 48.3% |
| 净利润同比 | 7.8% | 8.3% |
| 每股收益（稀释后） | $1.16 | $-0.22 |
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CHDNWEST
| Q1 26 | $663.0M | — | ||
| Q4 25 | $665.9M | $339.5M | ||
| Q3 25 | $683.0M | $354.8M | ||
| Q2 25 | $934.4M | $280.9M | ||
| Q1 25 | $642.6M | $213.8M | ||
| Q4 24 | $624.2M | $229.0M | ||
| Q3 24 | $628.5M | $220.9M | ||
| Q2 24 | $890.7M | $208.4M |
净利润CHDNWEST
| Q1 26 | $83.0M | — | ||
| Q4 25 | $51.3M | $-22.6M | ||
| Q3 25 | $38.1M | $-19.1M | ||
| Q2 25 | $216.9M | $-21.6M | ||
| Q1 25 | $76.7M | $-27.2M | ||
| Q4 24 | $71.7M | $-24.6M | ||
| Q3 24 | $65.4M | $-14.3M | ||
| Q2 24 | $209.3M | $-17.8M |
毛利率CHDNWEST
| Q1 26 | — | — | ||
| Q4 25 | — | 11.5% | ||
| Q3 25 | — | 11.7% | ||
| Q2 25 | — | 14.7% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | — | 16.8% | ||
| Q2 24 | — | 19.9% |
营业利润率CHDNWEST
| Q1 26 | 21.6% | — | ||
| Q4 25 | 18.5% | -2.6% | ||
| Q3 25 | 14.3% | -2.4% | ||
| Q2 25 | 35.1% | -5.3% | ||
| Q1 25 | 20.9% | -6.1% | ||
| Q4 24 | 20.3% | -4.3% | ||
| Q3 24 | 20.0% | -5.8% | ||
| Q2 24 | 37.0% | -7.9% |
净利率CHDNWEST
| Q1 26 | 12.5% | — | ||
| Q4 25 | 7.7% | -6.6% | ||
| Q3 25 | 5.6% | -5.4% | ||
| Q2 25 | 23.2% | -7.7% | ||
| Q1 25 | 11.9% | -12.7% | ||
| Q4 24 | 11.5% | -10.7% | ||
| Q3 24 | 10.4% | -6.5% | ||
| Q2 24 | 23.5% | -8.5% |
每股收益（稀释后）CHDNWEST
| Q1 26 | $1.16 | — | ||
| Q4 25 | — | $-0.22 | ||
| Q3 25 | — | $-0.20 | ||
| Q2 25 | — | $-0.23 | ||
| Q1 25 | — | $-0.29 | ||
| Q4 24 | — | $-0.26 | ||
| Q3 24 | — | $-0.16 | ||
| Q2 24 | — | $-0.20 |
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 | $200.0M | $49.9M |
| 总债务越低越好 | $840.0M | $444.1M |
| 股东权益账面价值 | — | $-1.9M |
| 总资产 | $7.5B | $1.2B |
| 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CHDNWEST
| Q1 26 | $200.0M | — | ||
| Q4 25 | $200.6M | $49.9M | ||
| Q3 25 | $180.5M | $34.0M | ||
| Q2 25 | $182.4M | $44.0M | ||
| Q1 25 | $174.2M | $33.1M | ||
| Q4 24 | $175.5M | $26.2M | ||
| Q3 24 | $152.7M | $22.4M | ||
| Q2 24 | $140.3M | $24.3M |
总债务CHDNWEST
| Q1 26 | $840.0M | — | ||
| Q4 25 | — | $444.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $393.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CHDNWEST
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $-1.9M | ||
| Q3 25 | $1.0B | $11.4M | ||
| Q2 25 | $1.0B | $18.2M | ||
| Q1 25 | $1.1B | $71.4M | ||
| Q4 24 | $1.1B | $97.5M | ||
| Q3 24 | $1.1B | $110.3M | ||
| Q2 24 | $1.0B | $81.5M |
总资产CHDNWEST
| Q1 26 | $7.5B | — | ||
| Q4 25 | $7.5B | $1.2B | ||
| Q3 25 | $7.5B | $1.2B | ||
| Q2 25 | $7.4B | $1.2B | ||
| Q1 25 | $7.3B | $1.1B | ||
| Q4 24 | $7.3B | $1.1B | ||
| Q3 24 | $7.2B | $1.1B | ||
| Q2 24 | $7.2B | $1.1B |
负债/权益比CHDNWEST
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.03× | ||
| Q3 24 | — | — | ||
| 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 | $295.0M | $36.7M |
| 自由现金流经营现金流 - 资本支出 | — | $27.8M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 2.6% |
| 现金转化率经营现金流/净利润 | 3.55× | — |
| 过去12个月自由现金流最近4个季度 | — | $-107.8M |
8季度趋势，按日历期对齐
经营现金流CHDNWEST
| Q1 26 | $295.0M | — | ||
| Q4 25 | — | $36.7M | ||
| Q3 25 | $187.7M | $-26.6M | ||
| Q2 25 | — | $-7.0M | ||
| Q1 25 | $246.5M | $-22.1M | ||
| Q4 24 | — | $2.8M | ||
| Q3 24 | $169.4M | $-332.0K | ||
| Q2 24 | — | $-23.7M |
自由现金流CHDNWEST
| Q1 26 | — | — | ||
| Q4 25 | — | $27.8M | ||
| Q3 25 | $166.3M | $-44.7M | ||
| Q2 25 | — | $-27.5M | ||
| Q1 25 | $233.9M | $-63.4M | ||
| Q4 24 | — | $-15.4M | ||
| Q3 24 | $154.4M | $-36.7M | ||
| Q2 24 | — | $-59.9M |
自由现金流率CHDNWEST
| Q1 26 | — | — | ||
| Q4 25 | — | 8.2% | ||
| Q3 25 | 24.3% | -12.6% | ||
| Q2 25 | — | -9.8% | ||
| Q1 25 | 36.4% | -29.7% | ||
| Q4 24 | — | -6.7% | ||
| Q3 24 | 24.6% | -16.6% | ||
| Q2 24 | — | -28.7% |
资本支出强度CHDNWEST
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 2.6% | ||
| Q3 25 | 3.1% | 5.1% | ||
| Q2 25 | 2.0% | 7.3% | ||
| Q1 25 | 2.0% | 19.3% | ||
| Q4 24 | 5.4% | 7.9% | ||
| Q3 24 | 2.4% | 16.5% | ||
| Q2 24 | 2.5% | 17.4% |
现金转化率CHDNWEST
| Q1 26 | 3.55× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 4.93× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.21× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.59× | — | ||
| 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
CHDN
| Live and Historical Racing | $297.0M | 45% |
| Gaming | $257.0M | 39% |
| Wagering Services and Solutions | $109.0M | 16% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
