vs
Calumet, Inc.（CLMT）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Calumet, Inc.的季度营收约是Rithm Capital Corp.的1.3倍（$1.0B vs $828.2M），Rithm Capital Corp.净利率更高（13.2% vs -3.6%，领先16.8%）
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。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
CLMT vs RITM — 直观对比
营收规模更大
CLMT
是对方的1.3倍
$828.2M
净利率更高
RITM
高出16.8%
-3.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $828.2M |
| 净利润 | $-37.3M | $109.5M |
| 毛利率 | -0.3% | — |
| 营业利润率 | -6.2% | 29.9% |
| 净利率 | -3.6% | 13.2% |
| 营收同比 | — | 508.5% |
| 净利润同比 | — | 27.7% |
| 每股收益（稀释后） | $-0.43 | $0.12 |
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CLMTRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $1.0B | $1.5B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $993.9M | $768.4M | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | $1.1B | $619.5M | ||
| Q2 24 | $1.1B | $1.2B |
净利润CLMTRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $-37.3M | $85.0M | ||
| Q3 25 | $313.4M | $221.5M | ||
| Q2 25 | $-147.9M | $311.7M | ||
| Q1 25 | $-162.0M | $78.8M | ||
| Q4 24 | — | $290.2M | ||
| Q3 24 | $-100.6M | $121.7M | ||
| Q2 24 | $-39.1M | $235.6M |
毛利率CLMTRITM
| Q1 26 | — | — | ||
| Q4 25 | -0.3% | — | ||
| Q3 25 | 34.7% | — | ||
| Q2 25 | -4.2% | — | ||
| Q1 25 | -8.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 5.6% | — |
营业利润率CLMTRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | -6.2% | 13.8% | ||
| Q3 25 | 30.0% | 21.4% | ||
| Q2 25 | -9.8% | 25.2% | ||
| Q1 25 | -4.9% | 7.4% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | -5.2% | 7.3% | ||
| Q2 24 | 0.5% | 23.6% |
净利率CLMTRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | -3.6% | 5.7% | ||
| Q3 25 | 29.1% | 20.0% | ||
| Q2 25 | -14.4% | 25.6% | ||
| Q1 25 | -16.3% | 10.3% | ||
| Q4 24 | — | 14.0% | ||
| Q3 24 | -9.1% | 19.7% | ||
| Q2 24 | -3.4% | 19.2% |
每股收益（稀释后）CLMTRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $-0.43 | $0.09 | ||
| Q3 25 | $3.61 | $0.35 | ||
| Q2 25 | $-1.70 | $0.53 | ||
| Q1 25 | $-1.87 | $0.07 | ||
| Q4 24 | — | $0.50 | ||
| Q3 24 | $-1.18 | $0.20 | ||
| Q2 24 | $-0.48 | $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 | — |
| 总债务越低越好 | $2.1B | — |
| 股东权益账面价值 | $-732.7M | $9.1B |
| 总资产 | $2.7B | $53.4B |
| 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CLMTRITM
| Q1 26 | — | — | ||
| Q4 25 | $125.1M | $1.8B | ||
| Q3 25 | $94.6M | $1.6B | ||
| Q2 25 | $110.6M | $1.6B | ||
| Q1 25 | $123.4M | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $34.6M | $1.6B | ||
| Q2 24 | $7.0M | $1.2B |
总债务CLMTRITM
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $35.4B | ||
| Q3 25 | $2.1B | $32.2B | ||
| Q2 25 | $2.1B | $31.2B | ||
| Q1 25 | $2.3B | $32.2B | ||
| Q4 24 | — | $32.6B | ||
| Q3 24 | $1.7B | $29.6B | ||
| Q2 24 | — | $30.1B |
股东权益CLMTRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $-732.7M | $8.4B | ||
| Q3 25 | $-695.3M | $8.5B | ||
| Q2 25 | $-1.0B | $7.9B | ||
| Q1 25 | $-862.3M | $7.8B | ||
| Q4 24 | — | $7.8B | ||
| Q3 24 | $-672.2M | $7.7B | ||
| Q2 24 | $-566.4M | $7.3B |
总资产CLMTRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $2.7B | $53.1B | ||
| Q3 25 | $2.7B | $47.2B | ||
| Q2 25 | $2.8B | $44.3B | ||
| Q1 25 | $2.8B | $45.3B | ||
| Q4 24 | — | $46.0B | ||
| Q3 24 | $2.6B | $42.3B | ||
| Q2 24 | $100 | $42.0B |
负债/权益比CLMTRITM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.20× | ||
| Q3 25 | — | 3.79× | ||
| Q2 25 | — | 3.92× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | — | 4.18× | ||
| Q3 24 | — | 3.87× | ||
| Q2 24 | — | 4.10× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $103.8M | — |
| 自由现金流率自由现金流/营收 | 10.0% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流CLMTRITM
| Q1 26 | — | — | ||
| Q4 25 | $116.5M | $-114.6M | ||
| Q3 25 | $23.5M | $-2.0B | ||
| Q2 25 | $-1.8M | $-557.1M | ||
| Q1 25 | $-29.3M | $1.4B | ||
| Q4 24 | — | $-1.8B | ||
| Q3 24 | $-15.5M | $768.1M | ||
| Q2 24 | — | $-55.7M |
自由现金流CLMTRITM
| Q1 26 | — | — | ||
| Q4 25 | $103.8M | — | ||
| Q3 25 | $15.1M | — | ||
| Q2 25 | $-15.4M | — | ||
| Q1 25 | $-46.9M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-32.2M | — | ||
| Q2 24 | — | — |
自由现金流率CLMTRITM
| Q1 26 | — | — | ||
| Q4 25 | 10.0% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | -1.5% | — | ||
| Q1 25 | -4.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -2.9% | — | ||
| Q2 24 | — | — |
资本支出强度CLMTRITM
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 2.2% | — |
现金转化率CLMTRITM
| Q1 26 | — | — | ||
| Q4 25 | — | -1.35× | ||
| Q3 25 | 0.07× | -9.22× | ||
| Q2 25 | — | -1.79× | ||
| Q1 25 | — | 18.03× | ||
| Q4 24 | — | -6.04× | ||
| Q3 24 | — | 6.31× | ||
| Q2 24 | — | -0.24× |
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% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
