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高乐氏（CLX）与孩之宝（HAS）财务数据对比。点击上方公司名可切换其他公司
高乐氏的季度营收约是孩之宝的1.2倍（$1.7B vs $1.4B），孩之宝净利率更高（13.9% vs 9.4%，领先4.6%），孩之宝同比增速更快（31.3% vs 0.3%），过去两年孩之宝的营收复合增速更高（38.2% vs -8.3%）
高乐氏是美国跨国企业，专业从事消费级与专业用途产品的生产及营销。2000年至2024年持续入选《财富》500强榜单，最新排名为第485位，旗下产品覆盖清洁护理、家居日用等多个品类，在全球消费市场拥有较高认可度。
孩之宝是1923年12月6日成立的美国跨国玩具制造与娱乐控股企业，总部位于罗德岛州波塔基特。旗下拥有Kenner、米尔顿·布拉德利、派克兄弟、威世智等知名品牌，持有大量热门IP商标权，业务覆盖玩具生产、游戏开发、娱乐内容出品等多个领域。
CLX vs HAS — 直观对比
营收规模更大
CLX
是对方的1.2倍
$1.4B
营收增速更快
HAS
高出31.0%
0.3%
净利率更高
HAS
高出4.6%
9.4%
两年增速更快
HAS
近两年复合增速
-8.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.4B |
| 净利润 | $157.0M | $201.6M |
| 毛利率 | 43.2% | 68.7% |
| 营业利润率 | — | 20.6% |
| 净利率 | 9.4% | 13.9% |
| 营收同比 | 0.3% | 31.3% |
| 净利润同比 | -15.6% | 687.8% |
| 每股收益（稀释后） | $1.29 | $1.46 |
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CLXHAS
| Q4 25 | $1.7B | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $2.0B | $980.8M | ||
| Q1 25 | $1.7B | $887.1M | ||
| Q4 24 | $1.7B | $1.1B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $1.9B | $995.3M | ||
| Q1 24 | $1.8B | $757.3M |
净利润CLXHAS
| Q4 25 | $157.0M | $201.6M | ||
| Q3 25 | — | $233.2M | ||
| Q2 25 | $332.0M | $-855.8M | ||
| Q1 25 | $186.0M | $98.6M | ||
| Q4 24 | $193.0M | $-34.3M | ||
| Q3 24 | $99.0M | $223.2M | ||
| Q2 24 | $216.0M | $138.5M | ||
| Q1 24 | $-51.0M | $58.2M |
毛利率CLXHAS
| Q4 25 | 43.2% | 68.7% | ||
| Q3 25 | — | 70.1% | ||
| Q2 25 | 46.5% | 77.0% | ||
| Q1 25 | 44.6% | 76.9% | ||
| Q4 24 | 43.8% | 67.4% | ||
| Q3 24 | 45.8% | 70.4% | ||
| Q2 24 | 46.5% | 76.1% | ||
| Q1 24 | 42.2% | 73.0% |
营业利润率CLXHAS
| Q4 25 | — | 20.6% | ||
| Q3 25 | — | 24.6% | ||
| Q2 25 | 20.6% | -81.4% | ||
| Q1 25 | 15.2% | 19.2% | ||
| Q4 24 | 14.1% | 5.4% | ||
| Q3 24 | 10.0% | 23.6% | ||
| Q2 24 | 14.5% | 21.3% | ||
| Q1 24 | -2.3% | 15.3% |
净利率CLXHAS
| Q4 25 | 9.4% | 13.9% | ||
| Q3 25 | — | 16.8% | ||
| Q2 25 | 16.7% | -87.3% | ||
| Q1 25 | 11.2% | 11.1% | ||
| Q4 24 | 11.4% | -3.1% | ||
| Q3 24 | 5.6% | 17.4% | ||
| Q2 24 | 11.4% | 13.9% | ||
| Q1 24 | -2.8% | 7.7% |
每股收益（稀释后）CLXHAS
| Q4 25 | $1.29 | $1.46 | ||
| Q3 25 | — | $1.64 | ||
| Q2 25 | $2.68 | $-6.10 | ||
| Q1 25 | $1.50 | $0.70 | ||
| Q4 24 | $1.54 | $-0.25 | ||
| Q3 24 | $0.80 | $1.59 | ||
| Q2 24 | $1.74 | $0.99 | ||
| Q1 24 | $-0.41 | $0.42 |
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 | $227.0M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-125.0M | $565.5M |
| 总资产 | $5.6B | $5.6B |
| 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CLXHAS
| Q4 25 | $227.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $167.0M | — | ||
| Q1 25 | $226.0M | — | ||
| Q4 24 | $290.0M | — | ||
| Q3 24 | $278.0M | — | ||
| Q2 24 | $202.0M | — | ||
| Q1 24 | $219.0M | — |
总债务CLXHAS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | — | — |
股东权益CLXHAS
| Q4 25 | $-125.0M | $565.5M | ||
| Q3 25 | — | $433.8M | ||
| Q2 25 | $321.0M | $269.7M | ||
| Q1 25 | $27.0M | $1.2B | ||
| Q4 24 | $-41.0M | $1.2B | ||
| Q3 24 | $60.0M | $1.3B | ||
| Q2 24 | $328.0M | $1.2B | ||
| Q1 24 | $91.0M | $1.0B |
总资产CLXHAS
| Q4 25 | $5.6B | $5.6B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | $5.6B | $5.2B | ||
| Q1 25 | $5.5B | $6.0B | ||
| Q4 24 | $5.6B | $6.3B | ||
| Q3 24 | $5.5B | $7.2B | ||
| Q2 24 | $5.8B | $6.9B | ||
| Q1 24 | $5.8B | $6.2B |
负债/权益比CLXHAS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 7.74× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 7.56× | — | ||
| 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 | — | $403.2M |
| 自由现金流经营现金流 - 资本支出 | — | $389.5M |
| 自由现金流率自由现金流/营收 | — | 26.9% |
| 资本支出强度资本支出/营收 | — | 0.9% |
| 现金转化率经营现金流/净利润 | — | 2.00× |
| 过去12个月自由现金流最近4个季度 | — | $829.9M |
8季度趋势，按日历期对齐
经营现金流CLXHAS
| Q4 25 | — | $403.2M | ||
| Q3 25 | — | $280.6M | ||
| Q2 25 | $294.0M | $71.3M | ||
| Q1 25 | $286.0M | $138.1M | ||
| Q4 24 | $180.0M | $259.8M | ||
| Q3 24 | $221.0M | $222.5M | ||
| Q2 24 | $340.0M | $187.3M | ||
| Q1 24 | $182.0M | $177.8M |
自由现金流CLXHAS
| Q4 25 | — | $389.5M | ||
| Q3 25 | — | $260.9M | ||
| Q2 25 | $219.0M | $55.2M | ||
| Q1 25 | $233.0M | $124.3M | ||
| Q4 24 | $127.0M | $200.8M | ||
| Q3 24 | $182.0M | $174.0M | ||
| Q2 24 | $259.0M | $135.4M | ||
| Q1 24 | $127.0M | $132.0M |
自由现金流率CLXHAS
| Q4 25 | — | 26.9% | ||
| Q3 25 | — | 18.8% | ||
| Q2 25 | 11.0% | 5.6% | ||
| Q1 25 | 14.0% | 14.0% | ||
| Q4 24 | 7.5% | 18.2% | ||
| Q3 24 | 10.3% | 13.6% | ||
| Q2 24 | 13.6% | 13.6% | ||
| Q1 24 | 7.0% | 17.4% |
资本支出强度CLXHAS
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | 3.8% | 1.6% | ||
| Q1 25 | 3.2% | 1.6% | ||
| Q4 24 | 3.1% | 5.4% | ||
| Q3 24 | 2.2% | 3.8% | ||
| Q2 24 | 4.3% | 5.2% | ||
| Q1 24 | 3.0% | 6.0% |
现金转化率CLXHAS
| Q4 25 | — | 2.00× | ||
| Q3 25 | — | 1.20× | ||
| Q2 25 | 0.89× | — | ||
| Q1 25 | 1.54× | 1.40× | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 2.23× | 1.00× | ||
| Q2 24 | 1.57× | 1.35× | ||
| Q1 24 | — | 3.05× |
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
CLX
| Health And Wellness | $643.0M | 38% |
| Household | $419.0M | 25% |
| Lifestyle | $321.0M | 19% |
| Other | $290.0M | 17% |
HAS
| Grow Brands | $1.1B | 75% |
| Optimize Brands | $188.7M | 13% |
| Digital And Licensing Gaming | $135.7M | 9% |
| Class Of Principal Product Family Brands | $13.1M | 1% |
| Filmand TV | $2.4M | 0% |
