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CVR ENERGY INC（CVI）与荷美尔食品（HRL）财务数据对比。点击上方公司名可切换其他公司
荷美尔食品的季度营收约是CVR ENERGY INC的1.8倍（$3.2B vs $1.8B），荷美尔食品净利率更高（-1.8% vs -6.1%，领先4.3%），荷美尔食品同比增速更快（1.5% vs -7.0%），过去两年荷美尔食品的营收复合增速更高（3.1% vs -1.4%）
CVR能源是总部位于美国的能源控股企业，主营石油炼制与氮肥制造两大核心业务，生产汽油、柴油、航空燃油及农用化肥等产品，主要面向北美地区的商业、工业及农业客户供货。
荷美尔食品是1891年于美国明尼苏达州奥斯汀成立的跨国食品加工企业，由乔治·A·荷美尔创立。品牌最初主营火腿、香肠等各类畜肉产品的包装与销售，1937年推出斯帕姆午餐肉，上世纪80年代起逐步拓展多元化包装及冷藏食品产品线。
CVI vs HRL — 直观对比
营收规模更大
HRL
是对方的1.8倍
$1.8B
营收增速更快
HRL
高出8.5%
-7.0%
净利率更高
HRL
高出4.3%
-6.1%
两年增速更快
HRL
近两年复合增速
-1.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $3.2B |
| 净利润 | $-110.0M | $-56.1M |
| 毛利率 | -3.1% | 14.0% |
| 营业利润率 | -5.3% | 0.1% |
| 净利率 | -6.1% | -1.8% |
| 营收同比 | -7.0% | 1.5% |
| 净利润同比 | -492.9% | -125.5% |
| 每股收益（稀释后） | $-1.09 | $-0.10 |
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CVIHRL
| Q4 25 | $1.8B | $3.2B | ||
| Q3 25 | $1.9B | $3.0B | ||
| Q2 25 | $1.8B | $2.9B | ||
| Q1 25 | $1.6B | $3.0B | ||
| Q4 24 | $1.9B | $3.1B | ||
| Q3 24 | $1.8B | $2.9B | ||
| Q2 24 | $2.0B | $2.9B | ||
| Q1 24 | $1.9B | $3.0B |
净利润CVIHRL
| Q4 25 | $-110.0M | $-56.1M | ||
| Q3 25 | $374.0M | $183.7M | ||
| Q2 25 | $-114.0M | $180.0M | ||
| Q1 25 | $-123.0M | $170.6M | ||
| Q4 24 | $28.0M | $220.2M | ||
| Q3 24 | $-124.0M | $176.7M | ||
| Q2 24 | $21.0M | $189.3M | ||
| Q1 24 | $82.0M | $218.9M |
毛利率CVIHRL
| Q4 25 | -3.1% | 14.0% | ||
| Q3 25 | 28.8% | 16.1% | ||
| Q2 25 | -3.7% | 16.7% | ||
| Q1 25 | -5.5% | 15.9% | ||
| Q4 24 | 3.0% | 16.6% | ||
| Q3 24 | -3.9% | 16.8% | ||
| Q2 24 | 2.9% | 17.4% | ||
| Q1 24 | 8.6% | 17.0% |
营业利润率CVIHRL
| Q4 25 | -5.3% | 0.1% | ||
| Q3 25 | 26.3% | 7.9% | ||
| Q2 25 | -5.8% | 8.6% | ||
| Q1 25 | -8.0% | 7.6% | ||
| Q4 24 | 1.1% | 9.4% | ||
| Q3 24 | -6.2% | 8.2% | ||
| Q2 24 | 1.4% | 8.7% | ||
| Q1 24 | 6.6% | 9.5% |
净利率CVIHRL
| Q4 25 | -6.1% | -1.8% | ||
| Q3 25 | 19.2% | 6.1% | ||
| Q2 25 | -6.5% | 6.2% | ||
| Q1 25 | -7.5% | 5.7% | ||
| Q4 24 | 1.4% | 7.0% | ||
| Q3 24 | -6.8% | 6.1% | ||
| Q2 24 | 1.1% | 6.6% | ||
| Q1 24 | 4.4% | 7.3% |
每股收益（稀释后）CVIHRL
| Q4 25 | $-1.09 | $-0.10 | ||
| Q3 25 | $3.72 | $0.33 | ||
| Q2 25 | $-1.14 | $0.33 | ||
| Q1 25 | $-1.22 | $0.31 | ||
| Q4 24 | $0.28 | $0.41 | ||
| Q3 24 | $-1.24 | $0.32 | ||
| Q2 24 | $0.21 | $0.34 | ||
| Q1 24 | $0.81 | $0.40 |
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 | $511.0M | $703.6M |
| 总债务越低越好 | $1.8B | $2.9B |
| 股东权益账面价值 | $730.0M | $7.9B |
| 总资产 | $3.7B | $13.4B |
| 负债/权益比越低杠杆越低 | 2.40× | 0.36× |
8季度趋势，按日历期对齐
现金及短期投资CVIHRL
| Q4 25 | $511.0M | $703.6M | ||
| Q3 25 | $670.0M | $630.7M | ||
| Q2 25 | $596.0M | $699.0M | ||
| Q1 25 | $695.0M | $866.4M | ||
| Q4 24 | $987.0M | $766.6M | ||
| Q3 24 | $534.0M | $561.9M | ||
| Q2 24 | $586.0M | $1.5B | ||
| Q1 24 | $644.0M | $981.9M |
总债务CVIHRL
| Q4 25 | $1.8B | $2.9B | ||
| Q3 25 | $1.8B | $2.9B | ||
| Q2 25 | $1.8B | $2.9B | ||
| Q1 25 | $1.9B | $2.9B | ||
| Q4 24 | $1.9B | $2.9B | ||
| Q3 24 | $1.6B | $2.9B | ||
| Q2 24 | $1.6B | $2.9B | ||
| Q1 24 | $1.6B | $2.4B |
股东权益CVIHRL
| Q4 25 | $730.0M | $7.9B | ||
| Q3 25 | $840.0M | $8.1B | ||
| Q2 25 | $466.0M | $8.0B | ||
| Q1 25 | $580.0M | $8.0B | ||
| Q4 24 | $703.0M | $8.0B | ||
| Q3 24 | $675.0M | $7.9B | ||
| Q2 24 | $849.0M | $7.9B | ||
| Q1 24 | $879.0M | $7.8B |
总资产CVIHRL
| Q4 25 | $3.7B | $13.4B | ||
| Q3 25 | $4.0B | $13.5B | ||
| Q2 25 | $4.0B | $13.4B | ||
| Q1 25 | $4.3B | $13.4B | ||
| Q4 24 | $4.3B | $13.4B | ||
| Q3 24 | $3.9B | $13.1B | ||
| Q2 24 | $4.0B | $14.1B | ||
| Q1 24 | $4.1B | $13.5B |
负债/权益比CVIHRL
| Q4 25 | 2.40× | 0.36× | ||
| Q3 25 | 2.17× | 0.35× | ||
| Q2 25 | 3.97× | 0.35× | ||
| Q1 25 | 3.29× | 0.36× | ||
| Q4 24 | 2.71× | 0.36× | ||
| Q3 24 | 2.33× | 0.36× | ||
| Q2 24 | 1.86× | 0.36× | ||
| Q1 24 | 1.79× | 0.30× |
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 | $0 | $322.9M |
| 自由现金流经营现金流 - 资本支出 | — | $231.4M |
| 自由现金流率自由现金流/营收 | — | 7.3% |
| 资本支出强度资本支出/营收 | 3.0% | 2.9% |
| 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 | — | $534.3M |
8季度趋势，按日历期对齐
经营现金流CVIHRL
| Q4 25 | $0 | $322.9M | ||
| Q3 25 | $163.0M | $156.7M | ||
| Q2 25 | $176.0M | $56.4M | ||
| Q1 25 | $-195.0M | $309.2M | ||
| Q4 24 | $98.0M | $408.6M | ||
| Q3 24 | $48.0M | $218.0M | ||
| Q2 24 | $81.0M | $236.1M | ||
| Q1 24 | $177.0M | $404.0M |
自由现金流CVIHRL
| Q4 25 | — | $231.4M | ||
| Q3 25 | $125.0M | $84.5M | ||
| Q2 25 | $135.0M | $-18.6M | ||
| Q1 25 | $-246.0M | $237.0M | ||
| Q4 24 | $43.0M | $324.8M | ||
| Q3 24 | $14.0M | $152.5M | ||
| Q2 24 | $38.0M | $176.2M | ||
| Q1 24 | $130.0M | $356.8M |
自由现金流率CVIHRL
| Q4 25 | — | 7.3% | ||
| Q3 25 | 6.4% | 2.8% | ||
| Q2 25 | 7.7% | -0.6% | ||
| Q1 25 | -14.9% | 7.9% | ||
| Q4 24 | 2.2% | 10.4% | ||
| Q3 24 | 0.8% | 5.3% | ||
| Q2 24 | 1.9% | 6.1% | ||
| Q1 24 | 7.0% | 11.9% |
资本支出强度CVIHRL
| Q4 25 | 3.0% | 2.9% | ||
| Q3 25 | 2.0% | 2.4% | ||
| Q2 25 | 2.3% | 2.6% | ||
| Q1 25 | 3.1% | 2.4% | ||
| Q4 24 | 2.8% | 2.7% | ||
| Q3 24 | 1.9% | 2.3% | ||
| Q2 24 | 2.2% | 2.1% | ||
| Q1 24 | 2.5% | 1.6% |
现金转化率CVIHRL
| Q4 25 | — | — | ||
| Q3 25 | 0.44× | 0.85× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | 3.50× | 1.86× | ||
| Q3 24 | — | 1.23× | ||
| Q2 24 | 3.86× | 1.25× | ||
| Q1 24 | 2.16× | 1.85× |
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
CVI
| Petroleum Segment | $1.6B | 91% |
| Product UAN | $64.0M | 4% |
| Product Ammonia | $51.0M | 3% |
| Renewables Diesel | $27.0M | 1% |
| Product Urea Products | $8.0M | 0% |
| Renewable Fuel Credits | $7.0M | 0% |
HRL
| Retail Segment | $1.9B | 60% |
| Foodservice Segment | $1.1B | 34% |
| Other | $174.7M | 5% |
