vs
CARTERS INC（CRI）与美世（MERC）财务数据对比。点击上方公司名可切换其他公司
CARTERS INC的季度营收约是美世的1.7倍（$757.8M vs $449.5M），CARTERS INC净利率更高（1.5% vs -68.7%，领先70.2%），CARTERS INC同比增速更快（-0.1% vs -8.0%），美世自由现金流更多（$32.0M vs $-144.1M）
卡特公司是美国知名儿童服饰设计与销售龙头企业，由威廉·卡特于1865年创立，主打婴童服饰品类，凭借多年的行业深耕，在北美儿童服饰市场拥有较高的认可度与市场份额。
美世是1945年成立的美国咨询公司，为全球专业服务集团威达信的四大运营子公司之一，总部位于纽约，在43个国家设有办事处，业务覆盖130个国家，主要为客户提供人力资源与金融咨询服务。
CRI vs MERC — 直观对比
营收规模更大
CRI
是对方的1.7倍
$449.5M
营收增速更快
CRI
高出7.9%
-8.0%
净利率更高
CRI
高出70.2%
-68.7%
自由现金流更多
MERC
多$176.1M
$-144.1M
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $757.8M | $449.5M |
| 净利润 | $11.6M | $-308.7M |
| 毛利率 | 45.1% | — |
| 营业利润率 | 3.8% | -62.0% |
| 净利率 | 1.5% | -68.7% |
| 营收同比 | -0.1% | -8.0% |
| 净利润同比 | -80.1% | -1947.7% |
| 每股收益（稀释后） | $0.32 | $-4.61 |
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CRIMERC
| Q4 25 | — | $449.5M | ||
| Q3 25 | $757.8M | $458.1M | ||
| Q2 25 | $585.3M | $453.5M | ||
| Q1 25 | $629.8M | $507.0M | ||
| Q4 24 | — | $488.4M | ||
| Q3 24 | — | $502.1M | ||
| Q2 24 | — | $499.4M | ||
| Q1 24 | — | $553.4M |
净利润CRIMERC
| Q4 25 | — | $-308.7M | ||
| Q3 25 | $11.6M | $-80.8M | ||
| Q2 25 | $446.0K | $-86.1M | ||
| Q1 25 | $15.5M | $-22.3M | ||
| Q4 24 | — | $16.7M | ||
| Q3 24 | — | $-17.6M | ||
| Q2 24 | — | $-67.6M | ||
| Q1 24 | — | $-16.7M |
毛利率CRIMERC
| Q4 25 | — | — | ||
| Q3 25 | 45.1% | — | ||
| Q2 25 | 48.1% | — | ||
| Q1 25 | 46.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率CRIMERC
| Q4 25 | — | -62.0% | ||
| Q3 25 | 3.8% | -14.8% | ||
| Q2 25 | 0.7% | -12.9% | ||
| Q1 25 | 4.1% | 1.3% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | -8.8% | ||
| Q1 24 | — | -0.1% |
净利率CRIMERC
| Q4 25 | — | -68.7% | ||
| Q3 25 | 1.5% | -17.6% | ||
| Q2 25 | 0.1% | -19.0% | ||
| Q1 25 | 2.5% | -4.4% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | -3.5% | ||
| Q2 24 | — | -13.5% | ||
| Q1 24 | — | -3.0% |
每股收益（稀释后）CRIMERC
| Q4 25 | — | $-4.61 | ||
| Q3 25 | $0.32 | $-1.21 | ||
| Q2 25 | $0.01 | $-1.29 | ||
| Q1 25 | $0.43 | $-0.33 | ||
| Q4 24 | — | $0.25 | ||
| Q3 24 | — | $-0.26 | ||
| Q2 24 | — | $-1.01 | ||
| Q1 24 | — | $-0.25 |
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 | $184.2M | $186.8M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | $864.6M | $68.1M |
| 总资产 | $2.5B | $2.0B |
| 负债/权益比越低杠杆越低 | — | 23.58× |
8季度趋势，按日历期对齐
现金及短期投资CRIMERC
| Q4 25 | — | $186.8M | ||
| Q3 25 | $184.2M | $98.1M | ||
| Q2 25 | $338.2M | $146.5M | ||
| Q1 25 | $320.8M | $181.5M | ||
| Q4 24 | — | $184.9M | ||
| Q3 24 | — | $239.0M | ||
| Q2 24 | — | $263.2M | ||
| Q1 24 | — | $274.3M |
总债务CRIMERC
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.6B |
股东权益CRIMERC
| Q4 25 | — | $68.1M | ||
| Q3 25 | $864.6M | $359.5M | ||
| Q2 25 | $853.9M | $446.5M | ||
| Q1 25 | $847.2M | $437.4M | ||
| Q4 24 | — | $429.8M | ||
| Q3 24 | — | $516.8M | ||
| Q2 24 | — | $487.7M | ||
| Q1 24 | — | $573.6M |
总资产CRIMERC
| Q4 25 | — | $2.0B | ||
| Q3 25 | $2.5B | $2.3B | ||
| Q2 25 | $2.5B | $2.4B | ||
| Q1 25 | $2.3B | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | — | $2.5B | ||
| Q1 24 | — | $2.6B |
负债/权益比CRIMERC
| Q4 25 | — | 23.58× | ||
| Q3 25 | — | 4.30× | ||
| Q2 25 | — | 3.42× | ||
| Q1 25 | — | 3.44× | ||
| Q4 24 | — | 3.43× | ||
| Q3 24 | — | 3.09× | ||
| Q2 24 | — | 3.22× | ||
| Q1 24 | — | 2.82× |
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 | $-128.0M | $46.2M |
| 自由现金流经营现金流 - 资本支出 | $-144.1M | $32.0M |
| 自由现金流率自由现金流/营收 | -19.0% | 7.1% |
| 资本支出强度资本支出/营收 | 2.1% | 3.1% |
| 现金转化率经营现金流/净利润 | -11.04× | — |
| 过去12个月自由现金流最近4个季度 | — | $-80.0M |
8季度趋势，按日历期对齐
经营现金流CRIMERC
| Q4 25 | — | $46.2M | ||
| Q3 25 | $-128.0M | $-30.1M | ||
| Q2 25 | $40.3M | $-4.5M | ||
| Q1 25 | $-48.6M | $-3.0M | ||
| Q4 24 | — | $71.2M | ||
| Q3 24 | — | $-13.9M | ||
| Q2 24 | — | $62.2M | ||
| Q1 24 | — | $-29.2M |
自由现金流CRIMERC
| Q4 25 | — | $32.0M | ||
| Q3 25 | $-144.1M | $-60.1M | ||
| Q2 25 | $24.1M | $-28.9M | ||
| Q1 25 | $-59.0M | $-23.1M | ||
| Q4 24 | — | $50.4M | ||
| Q3 24 | — | $-41.2M | ||
| Q2 24 | — | $44.3M | ||
| Q1 24 | — | $-47.7M |
自由现金流率CRIMERC
| Q4 25 | — | 7.1% | ||
| Q3 25 | -19.0% | -13.1% | ||
| Q2 25 | 4.1% | -6.4% | ||
| Q1 25 | -9.4% | -4.6% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | -8.2% | ||
| Q2 24 | — | 8.9% | ||
| Q1 24 | — | -8.6% |
资本支出强度CRIMERC
| Q4 25 | — | 3.1% | ||
| Q3 25 | 2.1% | 6.6% | ||
| Q2 25 | 2.8% | 5.4% | ||
| Q1 25 | 1.6% | 4.0% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | — | 5.4% | ||
| Q2 24 | — | 3.6% | ||
| Q1 24 | — | 3.3% |
现金转化率CRIMERC
| Q4 25 | — | — | ||
| Q3 25 | -11.04× | — | ||
| Q2 25 | 90.37× | — | ||
| Q1 25 | -3.13× | — | ||
| Q4 24 | — | 4.26× | ||
| 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
CRI
| Sales Channel Directly To Consumer | $362.3M | 48% |
| Sales Channel Through Intermediary | $283.8M | 37% |
| Other | $110.4M | 15% |
| Gift Cards | $1.3M | 0% |
MERC
| Other | $215.3M | 48% |
| Solid Wood | $110.2M | 25% |
| Lumber | $54.9M | 12% |
| Pallets | $23.7M | 5% |
| Energyandchemicals | $18.7M | 4% |
| Manufactured Products | $14.1M | 3% |
| Biofuels | $10.0M | 2% |
| Wood Residuals | $2.6M | 1% |
