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Calumet, Inc.（CLMT）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
罗布乐思的季度营收约是Calumet, Inc.的1.4倍（$1.4B vs $1.0B），Calumet, Inc.净利率更高（-3.6% vs -22.3%，领先18.7%），罗布乐思自由现金流更多（$308.6M vs $103.8M）
Calumet是总部位于美国的特种产品企业，专注于生产和分销高价值碳氢化合物与特种化学品，产品覆盖特种油、润滑剂、蜡制品及可再生燃料解决方案，服务北美及全球的工业、消费、交通等下游领域。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
CLMT vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.4倍
$1.0B
净利率更高
CLMT
高出18.7%
-22.3%
自由现金流更多
RBLX
多$204.8M
$103.8M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.4B |
| 净利润 | $-37.3M | $-316.0M |
| 毛利率 | -0.3% | 77.7% |
| 营业利润率 | -6.2% | -25.3% |
| 净利率 | -3.6% | -22.3% |
| 营收同比 | — | 43.2% |
| 净利润同比 | — | -43.9% |
| 每股收益（稀释后） | $-0.43 | $-0.44 |
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CLMTRBLX
| Q4 25 | $1.0B | $1.4B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $993.9M | $1.0B | ||
| Q4 24 | — | $988.2M | ||
| Q3 24 | $1.1B | $919.0M | ||
| Q2 24 | $1.1B | $893.5M | ||
| Q1 24 | — | $801.3M |
净利润CLMTRBLX
| Q4 25 | $-37.3M | $-316.0M | ||
| Q3 25 | $313.4M | $-255.6M | ||
| Q2 25 | $-147.9M | $-278.4M | ||
| Q1 25 | $-162.0M | $-215.1M | ||
| Q4 24 | — | $-219.6M | ||
| Q3 24 | $-100.6M | $-239.3M | ||
| Q2 24 | $-39.1M | $-205.9M | ||
| Q1 24 | — | $-270.6M |
毛利率CLMTRBLX
| Q4 25 | -0.3% | 77.7% | ||
| Q3 25 | 34.7% | 78.2% | ||
| Q2 25 | -4.2% | 78.2% | ||
| Q1 25 | -8.2% | 78.3% | ||
| Q4 24 | — | 77.9% | ||
| Q3 24 | 0.4% | 77.7% | ||
| Q2 24 | 5.6% | 77.8% | ||
| Q1 24 | — | 77.7% |
营业利润率CLMTRBLX
| Q4 25 | -6.2% | -25.3% | ||
| Q3 25 | 30.0% | -21.8% | ||
| Q2 25 | -9.8% | -29.8% | ||
| Q1 25 | -4.9% | -24.6% | ||
| Q4 24 | — | -24.7% | ||
| Q3 24 | -5.2% | -30.4% | ||
| Q2 24 | 0.5% | -26.6% | ||
| Q1 24 | — | -37.7% |
净利率CLMTRBLX
| Q4 25 | -3.6% | -22.3% | ||
| Q3 25 | 29.1% | -18.8% | ||
| Q2 25 | -14.4% | -25.8% | ||
| Q1 25 | -16.3% | -20.8% | ||
| Q4 24 | — | -22.2% | ||
| Q3 24 | -9.1% | -26.0% | ||
| Q2 24 | -3.4% | -23.0% | ||
| Q1 24 | — | -33.8% |
每股收益（稀释后）CLMTRBLX
| Q4 25 | $-0.43 | $-0.44 | ||
| Q3 25 | $3.61 | $-0.37 | ||
| Q2 25 | $-1.70 | $-0.41 | ||
| Q1 25 | $-1.87 | $-0.32 | ||
| Q4 24 | — | $-0.32 | ||
| Q3 24 | $-1.18 | $-0.37 | ||
| Q2 24 | $-0.48 | $-0.32 | ||
| Q1 24 | — | $-0.43 |
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 | $125.1M | $3.1B |
| 总债务越低越好 | $2.1B | $1.2B |
| 股东权益账面价值 | $-732.7M | $394.5M |
| 总资产 | $2.7B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资CLMTRBLX
| Q4 25 | $125.1M | $3.1B | ||
| Q3 25 | $94.6M | $2.9B | ||
| Q2 25 | $110.6M | $2.6B | ||
| Q1 25 | $123.4M | $2.7B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | $34.6M | $2.3B | ||
| Q2 24 | $7.0M | $2.4B | ||
| Q1 24 | — | $2.4B |
总债务CLMTRBLX
| Q4 25 | $2.1B | $1.2B | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CLMTRBLX
| Q4 25 | $-732.7M | $394.5M | ||
| Q3 25 | $-695.3M | $407.6M | ||
| Q2 25 | $-1.0B | $353.2M | ||
| Q1 25 | $-862.3M | $310.7M | ||
| Q4 24 | — | $221.4M | ||
| Q3 24 | $-672.2M | $189.9M | ||
| Q2 24 | $-566.4M | $121.5M | ||
| Q1 24 | — | $71.6M |
总资产CLMTRBLX
| Q4 25 | $2.7B | $9.6B | ||
| Q3 25 | $2.7B | $8.6B | ||
| Q2 25 | $2.8B | $7.8B | ||
| Q1 25 | $2.8B | $7.5B | ||
| Q4 24 | — | $7.2B | ||
| Q3 24 | $2.6B | $6.7B | ||
| Q2 24 | $100 | $6.5B | ||
| Q1 24 | — | $6.3B |
负债/权益比CLMTRBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| 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 | $116.5M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $103.8M | $308.6M |
| 自由现金流率自由现金流/营收 | 10.0% | 21.8% |
| 资本支出强度资本支出/营收 | 1.2% | 21.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $56.6M | $1.4B |
8季度趋势，按日历期对齐
经营现金流CLMTRBLX
| Q4 25 | $116.5M | $607.0M | ||
| Q3 25 | $23.5M | $546.2M | ||
| Q2 25 | $-1.8M | $199.3M | ||
| Q1 25 | $-29.3M | $443.9M | ||
| Q4 24 | — | $184.5M | ||
| Q3 24 | $-15.5M | $247.4M | ||
| Q2 24 | — | $151.4M | ||
| Q1 24 | — | $238.9M |
自由现金流CLMTRBLX
| Q4 25 | $103.8M | $308.6M | ||
| Q3 25 | $15.1M | $443.6M | ||
| Q2 25 | $-15.4M | $176.7M | ||
| Q1 25 | $-46.9M | $426.5M | ||
| Q4 24 | — | $120.6M | ||
| Q3 24 | $-32.2M | $218.0M | ||
| Q2 24 | — | $111.7M | ||
| Q1 24 | — | $192.3M |
自由现金流率CLMTRBLX
| Q4 25 | 10.0% | 21.8% | ||
| Q3 25 | 1.4% | 32.6% | ||
| Q2 25 | -1.5% | 16.3% | ||
| Q1 25 | -4.7% | 41.2% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | -2.9% | 23.7% | ||
| Q2 24 | — | 12.5% | ||
| Q1 24 | — | 24.0% |
资本支出强度CLMTRBLX
| Q4 25 | 1.2% | 21.1% | ||
| Q3 25 | 0.8% | 7.5% | ||
| Q2 25 | 1.3% | 2.1% | ||
| Q1 25 | 1.8% | 1.7% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | 1.5% | 3.2% | ||
| Q2 24 | 2.2% | 4.4% | ||
| Q1 24 | — | 5.8% |
现金转化率CLMTRBLX
| Q4 25 | — | — | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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
CLMT
| Specialty Products And Solutions | $675.9M | 65% |
| Montana Renewables | $294.2M | 28% |
| Performance Brands | $68.5M | 7% |
RBLX
暂无分部数据
