vs
加拿大国家铁路（CP）与KLA Corporation（KLAC）财务数据对比。点击上方公司名可切换其他公司
KLA Corporation的季度营收约是加拿大国家铁路的1.2倍（$3.3B vs $2.8B），KLA Corporation净利率更高（34.7% vs 27.7%，领先7.1%），KLA Corporation同比增速更快（7.2% vs 1.3%），KLA Corporation自由现金流更多（$1.3B vs $537.3M），过去两年KLA Corporation的营收复合增速更高（18.2% vs 5.6%）
加拿大国家铁路是加拿大一级货运铁路企业，总部位于魁北克省蒙特利尔市，业务覆盖加拿大全境及美国中西部、南部区域，是加拿大两大主力货运铁路运营商之一，与加拿大太平洋堪萨斯城铁路公司齐名。
KLA Corporation是总部位于美国加利福尼亚州米尔皮塔斯的企业，主营晶圆制造设备，为半导体及相关纳米电子行业提供过程控制与良率管理系统，产品及服务覆盖晶圆、光罩、集成电路、封装生产从研发到批量制造的全流程。
CP vs KLAC — 直观对比
营收规模更大
KLAC
是对方的1.2倍
$2.8B
营收增速更快
KLAC
高出5.9%
1.3%
净利率更高
KLAC
高出7.1%
27.7%
自由现金流更多
KLAC
多$724.8M
$537.3M
两年增速更快
KLAC
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $3.3B |
| 净利润 | $786.2M | $1.1B |
| 毛利率 | — | 61.4% |
| 营业利润率 | 41.4% | — |
| 净利率 | 27.7% | 34.7% |
| 营收同比 | 1.3% | 7.2% |
| 净利润同比 | -10.3% | 39.0% |
| 每股收益（稀释后） | — | $8.68 |
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CPKLAC
| Q4 25 | $2.8B | $3.3B | ||
| Q3 25 | $2.7B | $3.2B | ||
| Q2 25 | $2.7B | $3.2B | ||
| Q1 25 | $2.8B | $3.1B | ||
| Q4 24 | $2.8B | $3.1B | ||
| Q3 24 | $2.6B | $2.8B | ||
| Q2 24 | $2.6B | $2.6B | ||
| Q1 24 | $2.5B | $2.4B |
净利润CPKLAC
| Q4 25 | $786.2M | $1.1B | ||
| Q3 25 | $671.6M | $1.1B | ||
| Q2 25 | $900.8M | $1.2B | ||
| Q1 25 | $664.3M | $1.1B | ||
| Q4 24 | $876.7M | $824.5M | ||
| Q3 24 | $611.0M | $945.9M | ||
| Q2 24 | $660.6M | $836.4M | ||
| Q1 24 | $565.8M | $601.5M |
毛利率CPKLAC
| Q4 25 | — | 61.4% | ||
| Q3 25 | — | 61.3% | ||
| Q2 25 | — | 62.0% | ||
| Q1 25 | — | 61.6% | ||
| Q4 24 | — | 60.3% | ||
| Q3 24 | — | 59.6% | ||
| Q2 24 | — | 60.7% | ||
| Q1 24 | — | 57.9% |
营业利润率CPKLAC
| Q4 25 | 41.4% | — | ||
| Q3 25 | 36.8% | — | ||
| Q2 25 | 36.6% | 41.9% | ||
| Q1 25 | 35.0% | 41.3% | ||
| Q4 24 | 40.6% | 31.6% | ||
| Q3 24 | 34.3% | 38.0% | ||
| Q2 24 | 35.4% | 36.8% | ||
| Q1 24 | 32.9% | 29.7% |
净利率CPKLAC
| Q4 25 | 27.7% | 34.7% | ||
| Q3 25 | 25.3% | 34.9% | ||
| Q2 25 | 33.6% | 37.9% | ||
| Q1 25 | 24.2% | 35.5% | ||
| Q4 24 | 31.2% | 26.8% | ||
| Q3 24 | 23.9% | 33.3% | ||
| Q2 24 | 25.3% | 32.6% | ||
| Q1 24 | 22.2% | 25.5% |
每股收益（稀释后）CPKLAC
| Q4 25 | — | $8.68 | ||
| Q3 25 | — | $8.47 | ||
| Q2 25 | — | $9.04 | ||
| Q1 25 | — | $8.16 | ||
| Q4 24 | — | $6.16 | ||
| Q3 24 | — | $7.01 | ||
| Q2 24 | — | $6.16 | ||
| Q1 24 | — | $4.43 |
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 | $134.3M | $2.5B |
| 总债务越低越好 | $14.6B | $5.9B |
| 股东权益账面价值 | $33.5B | $5.5B |
| 总资产 | $62.7B | $16.7B |
| 负债/权益比越低杠杆越低 | 0.43× | 1.08× |
8季度趋势，按日历期对齐
现金及短期投资CPKLAC
| Q4 25 | $134.3M | $2.5B | ||
| Q3 25 | $300.0M | $1.9B | ||
| Q2 25 | $583.3M | $2.1B | ||
| Q1 25 | $507.4M | $1.9B | ||
| Q4 24 | $539.5M | $1.8B | ||
| Q3 24 | $338.0M | $2.0B | ||
| Q2 24 | $406.6M | $2.0B | ||
| Q1 24 | $378.9M | $1.8B |
总债务CPKLAC
| Q4 25 | $14.6B | $5.9B | ||
| Q3 25 | $15.8B | $5.9B | ||
| Q2 25 | $15.5B | $5.9B | ||
| Q1 25 | $15.4B | $5.9B | ||
| Q4 24 | $14.5B | $5.9B | ||
| Q3 24 | $13.7B | $5.9B | ||
| Q2 24 | $13.8B | $5.9B | ||
| Q1 24 | $13.7B | $5.9B |
股东权益CPKLAC
| Q4 25 | $33.5B | $5.5B | ||
| Q3 25 | $33.4B | $5.0B | ||
| Q2 25 | $33.7B | $4.7B | ||
| Q1 25 | $35.2B | $4.0B | ||
| Q4 24 | $35.0B | $3.6B | ||
| Q3 24 | $32.2B | $3.6B | ||
| Q2 24 | $32.0B | $3.4B | ||
| Q1 24 | $31.3B | $3.1B |
总资产CPKLAC
| Q4 25 | $62.7B | $16.7B | ||
| Q3 25 | $63.3B | $16.3B | ||
| Q2 25 | $62.2B | $16.1B | ||
| Q1 25 | $64.3B | $15.2B | ||
| Q4 24 | $64.1B | $15.0B | ||
| Q3 24 | $60.0B | $15.7B | ||
| Q2 24 | $60.4B | $15.4B | ||
| Q1 24 | $59.6B | $15.0B |
负债/权益比CPKLAC
| Q4 25 | 0.43× | 1.08× | ||
| Q3 25 | 0.47× | 1.18× | ||
| Q2 25 | 0.46× | 1.25× | ||
| Q1 25 | 0.44× | 1.47× | ||
| Q4 24 | 0.41× | 1.64× | ||
| Q3 24 | 0.42× | 1.65× | ||
| Q2 24 | 0.43× | 1.75× | ||
| Q1 24 | 0.44× | 1.90× |
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 | $1.1B | $1.4B |
| 自由现金流经营现金流 - 资本支出 | $537.3M | $1.3B |
| 自由现金流率自由现金流/营收 | 18.9% | 38.3% |
| 资本支出强度资本支出/营收 | 20.2% | 3.2% |
| 现金转化率经营现金流/净利润 | 1.42× | 1.19× |
| 过去12个月自由现金流最近4个季度 | $1.6B | $4.4B |
8季度趋势，按日历期对齐
经营现金流CPKLAC
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $930.0M | $1.2B | ||
| Q2 25 | $989.1M | $1.2B | ||
| Q1 25 | $843.9M | $1.1B | ||
| Q4 24 | $1.2B | $849.5M | ||
| Q3 24 | $928.6M | $995.2M | ||
| Q2 24 | $932.9M | $892.6M | ||
| Q1 24 | $741.0M | $910.0M |
自由现金流CPKLAC
| Q4 25 | $537.3M | $1.3B | ||
| Q3 25 | $302.2M | $1.1B | ||
| Q2 25 | $446.8M | $1.1B | ||
| Q1 25 | $324.9M | $990.0M | ||
| Q4 24 | $702.3M | $757.2M | ||
| Q3 24 | $382.5M | $934.8M | ||
| Q2 24 | $343.1M | $831.9M | ||
| Q1 24 | $356.2M | $838.2M |
自由现金流率CPKLAC
| Q4 25 | 18.9% | 38.3% | ||
| Q3 25 | 11.4% | 33.2% | ||
| Q2 25 | 16.7% | 33.5% | ||
| Q1 25 | 11.8% | 32.3% | ||
| Q4 24 | 25.0% | 24.6% | ||
| Q3 24 | 15.0% | 32.9% | ||
| Q2 24 | 13.1% | 32.4% | ||
| Q1 24 | 14.0% | 35.5% |
资本支出强度CPKLAC
| Q4 25 | 20.2% | 3.2% | ||
| Q3 25 | 23.7% | 3.0% | ||
| Q2 25 | 20.2% | 3.2% | ||
| Q1 25 | 18.9% | 2.7% | ||
| Q4 24 | 19.3% | 3.0% | ||
| Q3 24 | 21.4% | 2.1% | ||
| Q2 24 | 22.6% | 2.4% | ||
| Q1 24 | 15.1% | 3.0% |
现金转化率CPKLAC
| Q4 25 | 1.42× | 1.19× | ||
| Q3 25 | 1.38× | 1.04× | ||
| Q2 25 | 1.10× | 0.97× | ||
| Q1 25 | 1.27× | 0.99× | ||
| Q4 24 | 1.42× | 1.03× | ||
| Q3 24 | 1.52× | 1.05× | ||
| Q2 24 | 1.41× | 1.07× | ||
| Q1 24 | 1.31× | 1.51× |
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
CP
暂无分部数据
KLAC
| Wafer Inspection | $1.6B | 48% |
| Services | $786.1M | 24% |
| Patterning | $696.2M | 21% |
| Specialty Semiconductor Process | $121.6M | 4% |
| PCB And Component Inspection | $80.3M | 2% |
| Other Revenue | $40.2M | 1% |
