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凯撒娱乐（CZR）与US Foods Holding Corp.（USFD）财务数据对比。点击上方公司名可切换其他公司
US Foods Holding Corp.的季度营收约是凯撒娱乐的3.4倍（$9.8B vs $2.9B）。US Foods Holding Corp.净利率更高（1.9% vs -8.6%，领先10.5%）。凯撒娱乐同比增速更快（4.2% vs 3.3%）。US Foods Holding Corp.自由现金流更多（$159.0M vs $147.0M）。过去两年US Foods Holding Corp.的营收复合增速更高（4.6% vs 3.1%）
凯撒娱乐前身为埃尔拉多度假村公司，是总部位于美国内华达州里诺的酒店博彩娱乐集团。2020年7月20日公司收购原凯撒娱乐集团后更为现名，目前运营超过50处物业，业务覆盖酒店、博彩、休闲娱乐等多个领域。
US Foods Holding Corp.是美国第二大食品服务分销商，规模仅次于Sysco。公司服务覆盖独立餐厅、连锁餐饮、医疗保健、酒店、教育机构等共计25万个场点，为各类客户提供食品配送及相关供应链服务，业务覆盖场景十分多元。
CZR vs USFD — 直观对比
营收规模更大
USFD
是对方的3.4倍
$2.9B
营收增速更快
CZR
高出0.9%
3.3%
净利率更高
USFD
高出10.5%
-8.6%
自由现金流更多
USFD
多$12.0M
$147.0M
两年增速更快
USFD
近两年复合增速
3.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $9.8B |
| 净利润 | $-250.0M | $184.0M |
| 毛利率 | — | 17.6% |
| 营业利润率 | 11.4% | 3.3% |
| 净利率 | -8.6% | 1.9% |
| 营收同比 | 4.2% | 3.3% |
| 净利润同比 | -2372.7% | 178.8% |
| 每股收益（稀释后） | $-1.22 | $0.82 |
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CZRUSFD
| Q4 25 | $2.9B | $9.8B | ||
| Q3 25 | $2.9B | $10.2B | ||
| Q2 25 | $2.9B | $10.1B | ||
| Q1 25 | $2.8B | $9.4B | ||
| Q4 24 | $2.8B | $9.5B | ||
| Q3 24 | $2.9B | $9.7B | ||
| Q2 24 | $2.8B | $9.7B | ||
| Q1 24 | $2.7B | $8.9B |
净利润CZRUSFD
| Q4 25 | $-250.0M | $184.0M | ||
| Q3 25 | $-55.0M | $153.0M | ||
| Q2 25 | $-82.0M | $224.0M | ||
| Q1 25 | $-115.0M | $115.0M | ||
| Q4 24 | $11.0M | $66.0M | ||
| Q3 24 | $-9.0M | $148.0M | ||
| Q2 24 | $-122.0M | $198.0M | ||
| Q1 24 | $-158.0M | $82.0M |
毛利率CZRUSFD
| Q4 25 | — | 17.6% | ||
| Q3 25 | — | 17.2% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | — | 17.6% | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 17.6% | ||
| Q1 24 | — | 16.7% |
营业利润率CZRUSFD
| Q4 25 | 11.4% | 3.3% | ||
| Q3 25 | 17.9% | 2.8% | ||
| Q2 25 | 18.1% | 3.7% | ||
| Q1 25 | 17.5% | 2.4% | ||
| Q4 24 | 23.9% | 3.2% | ||
| Q3 24 | 22.4% | 2.9% | ||
| Q2 24 | 17.9% | 3.6% | ||
| Q1 24 | 17.7% | 1.8% |
净利率CZRUSFD
| Q4 25 | -8.6% | 1.9% | ||
| Q3 25 | -1.9% | 1.5% | ||
| Q2 25 | -2.8% | 2.2% | ||
| Q1 25 | -4.1% | 1.2% | ||
| Q4 24 | 0.4% | 0.7% | ||
| Q3 24 | -0.3% | 1.5% | ||
| Q2 24 | -4.3% | 2.0% | ||
| Q1 24 | -5.8% | 0.9% |
每股收益（稀释后）CZRUSFD
| Q4 25 | $-1.22 | $0.82 | ||
| Q3 25 | $-0.27 | $0.67 | ||
| Q2 25 | $-0.39 | $0.96 | ||
| Q1 25 | $-0.54 | $0.49 | ||
| Q4 24 | $0.04 | $0.28 | ||
| Q3 24 | $-0.04 | $0.61 | ||
| Q2 24 | $-0.56 | $0.80 | ||
| Q1 24 | $-0.73 | $0.33 |
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 | $887.0M | $41.0M |
| 总债务越低越好 | $11.9B | $5.1B |
| 股东权益账面价值 | $3.5B | $4.3B |
| 总资产 | $31.6B | $13.9B |
| 负债/权益比越低杠杆越低 | 3.40× | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资CZRUSFD
| Q4 25 | $887.0M | $41.0M | ||
| Q3 25 | $836.0M | $56.0M | ||
| Q2 25 | $982.0M | $61.0M | ||
| Q1 25 | $884.0M | $101.0M | ||
| Q4 24 | $866.0M | $59.0M | ||
| Q3 24 | $802.0M | $81.0M | ||
| Q2 24 | $830.0M | $405.0M | ||
| Q1 24 | $726.0M | $267.0M |
总债务CZRUSFD
| Q4 25 | $11.9B | $5.1B | ||
| Q3 25 | $11.9B | $4.8B | ||
| Q2 25 | $12.3B | $4.7B | ||
| Q1 25 | $12.3B | $4.7B | ||
| Q4 24 | $12.3B | $4.8B | ||
| Q3 24 | $12.7B | $4.7B | ||
| Q2 24 | $12.4B | $4.6B | ||
| Q1 24 | $12.4B | $4.6B |
股东权益CZRUSFD
| Q4 25 | $3.5B | $4.3B | ||
| Q3 25 | $3.8B | $4.5B | ||
| Q2 25 | $3.9B | $4.6B | ||
| Q1 25 | $4.1B | $4.6B | ||
| Q4 24 | $4.2B | $4.5B | ||
| Q3 24 | $4.2B | $4.6B | ||
| Q2 24 | $4.3B | $5.0B | ||
| Q1 24 | $4.4B | $4.8B |
总资产CZRUSFD
| Q4 25 | $31.6B | $13.9B | ||
| Q3 25 | $31.9B | $14.0B | ||
| Q2 25 | $32.5B | $13.8B | ||
| Q1 25 | $32.4B | $13.7B | ||
| Q4 24 | $32.6B | $13.4B | ||
| Q3 24 | $33.0B | $13.5B | ||
| Q2 24 | $33.1B | $13.7B | ||
| Q1 24 | $33.1B | $13.4B |
负债/权益比CZRUSFD
| Q4 25 | 3.40× | 1.18× | ||
| Q3 25 | 3.15× | 1.08× | ||
| Q2 25 | 3.15× | 1.02× | ||
| Q1 25 | 3.04× | 1.02× | ||
| Q4 24 | 2.96× | 1.06× | ||
| Q3 24 | 3.04× | 1.01× | ||
| Q2 24 | 2.89× | 0.92× | ||
| Q1 24 | 2.82× | 0.95× |
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 | $304.0M | $293.0M |
| 自由现金流经营现金流 - 资本支出 | $147.0M | $159.0M |
| 自由现金流率自由现金流/营收 | 5.0% | 1.6% |
| 资本支出强度资本支出/营收 | 5.4% | 1.4% |
| 现金转化率经营现金流/净利润 | — | 1.59× |
| 过去12个月自由现金流最近4个季度 | $497.0M | $959.0M |
8季度趋势，按日历期对齐
经营现金流CZRUSFD
| Q4 25 | $304.0M | $293.0M | ||
| Q3 25 | $318.0M | $351.0M | ||
| Q2 25 | $462.0M | $334.0M | ||
| Q1 25 | $218.0M | $391.0M | ||
| Q4 24 | $309.0M | $283.0M | ||
| Q3 24 | $232.0M | $270.0M | ||
| Q2 24 | $454.0M | $482.0M | ||
| Q1 24 | $80.0M | $139.0M |
自由现金流CZRUSFD
| Q4 25 | $147.0M | $159.0M | ||
| Q3 25 | $123.0M | $236.0M | ||
| Q2 25 | $232.0M | $257.0M | ||
| Q1 25 | $-5.0M | $307.0M | ||
| Q4 24 | $30.0M | $178.0M | ||
| Q3 24 | $-192.0M | $190.0M | ||
| Q2 24 | $125.0M | $413.0M | ||
| Q1 24 | $-184.0M | $52.0M |
自由现金流率CZRUSFD
| Q4 25 | 5.0% | 1.6% | ||
| Q3 25 | 4.3% | 2.3% | ||
| Q2 25 | 8.0% | 2.5% | ||
| Q1 25 | -0.2% | 3.3% | ||
| Q4 24 | 1.1% | 1.9% | ||
| Q3 24 | -6.7% | 2.0% | ||
| Q2 24 | 4.4% | 4.3% | ||
| Q1 24 | -6.7% | 0.6% |
资本支出强度CZRUSFD
| Q4 25 | 5.4% | 1.4% | ||
| Q3 25 | 6.8% | 1.1% | ||
| Q2 25 | 7.9% | 0.8% | ||
| Q1 25 | 8.0% | 0.9% | ||
| Q4 24 | 10.0% | 1.1% | ||
| Q3 24 | 14.8% | 0.8% | ||
| Q2 24 | 11.6% | 0.7% | ||
| Q1 24 | 9.6% | 1.0% |
现金转化率CZRUSFD
| Q4 25 | — | 1.59× | ||
| Q3 25 | — | 2.29× | ||
| Q2 25 | — | 1.49× | ||
| Q1 25 | — | 3.40× | ||
| Q4 24 | 28.09× | 4.29× | ||
| Q3 24 | — | 1.82× | ||
| Q2 24 | — | 2.43× | ||
| Q1 24 | — | 1.70× |
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
CZR
暂无分部数据
USFD
| Product One | $3.5B | 36% |
| Product Two | $1.7B | 17% |
| Product Three | $1.7B | 17% |
| Product Four | $985.0M | 10% |
| Product Five | $901.0M | 9% |
| Product Six | $580.0M | 6% |
| Product Seven | $485.0M | 5% |
