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HF Sinclair Corp（DINO）与金佰利（KMB）财务数据对比。点击上方公司名可切换其他公司
HF Sinclair Corp的季度营收约是金佰利的1.6倍（$6.5B vs $4.2B），金佰利净利率更高（16.2% vs -0.4%，领先16.6%），金佰利同比增速更快（2.7% vs -0.6%），过去两年HF Sinclair Corp的营收复合增速更高（-4.1% vs -9.0%）
HF Sinclair是总部位于美国得克萨斯州达拉斯的能源企业，主要从事汽油、柴油、航空燃油、可再生柴油、特种润滑油、特种化学品、特种改性沥青等多类能源化工产品的生产与销售。
金佰利是源自美国的跨国消费品及个人护理集团，主打纸质类消费品，同时生产卫生用纸制品、外科及医疗器具。旗下拥有舒洁面巾纸、高洁丝女性护理产品、好奇纸尿裤及婴儿湿巾、Scott卫生纸等知名品牌，产品销往全球多个国家和地区。
DINO vs KMB — 直观对比
营收规模更大
DINO
是对方的1.6倍
$4.2B
营收增速更快
KMB
高出3.2%
-0.6%
净利率更高
KMB
高出16.6%
-0.4%
两年增速更快
DINO
近两年复合增速
-9.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.5B | $4.2B |
| 净利润 | $-28.0M | $675.0M |
| 毛利率 | — | 36.8% |
| 营业利润率 | 0.1% | 18.1% |
| 净利率 | -0.4% | 16.2% |
| 营收同比 | -0.6% | 2.7% |
| 净利润同比 | 86.9% | 17.8% |
| 每股收益（稀释后） | $-0.15 | $2.00 |
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DINOKMB
| Q1 26 | — | $4.2B | ||
| Q4 25 | $6.5B | $3.3B | ||
| Q3 25 | $7.3B | $4.2B | ||
| Q2 25 | $6.8B | $4.2B | ||
| Q1 25 | $6.4B | $4.8B | ||
| Q4 24 | $6.5B | $4.9B | ||
| Q3 24 | $7.2B | $5.0B | ||
| Q2 24 | $7.8B | $5.0B |
净利润DINOKMB
| Q1 26 | — | $675.0M | ||
| Q4 25 | $-28.0M | $499.0M | ||
| Q3 25 | $403.0M | $446.0M | ||
| Q2 25 | $208.0M | $509.0M | ||
| Q1 25 | $-4.0M | $567.0M | ||
| Q4 24 | $-213.5M | $447.0M | ||
| Q3 24 | $-75.9M | $907.0M | ||
| Q2 24 | $151.8M | $544.0M |
毛利率DINOKMB
| Q1 26 | — | 36.8% | ||
| Q4 25 | — | 37.7% | ||
| Q3 25 | — | 36.0% | ||
| Q2 25 | — | 35.0% | ||
| Q1 25 | — | 35.8% | ||
| Q4 24 | — | 34.0% | ||
| Q3 24 | — | 36.0% | ||
| Q2 24 | — | 36.0% |
营业利润率DINOKMB
| Q1 26 | — | 18.1% | ||
| Q4 25 | 0.1% | 11.2% | ||
| Q3 25 | 7.8% | 15.0% | ||
| Q2 25 | 4.1% | 14.2% | ||
| Q1 25 | 1.3% | 15.9% | ||
| Q4 24 | -3.5% | 11.1% | ||
| Q3 24 | -1.7% | 23.3% | ||
| Q2 24 | 2.5% | 13.0% |
净利率DINOKMB
| Q1 26 | — | 16.2% | ||
| Q4 25 | -0.4% | 15.1% | ||
| Q3 25 | 5.6% | 10.7% | ||
| Q2 25 | 3.1% | 12.2% | ||
| Q1 25 | -0.1% | 11.7% | ||
| Q4 24 | -3.3% | 9.1% | ||
| Q3 24 | -1.1% | 18.3% | ||
| Q2 24 | 1.9% | 10.8% |
每股收益（稀释后）DINOKMB
| Q1 26 | — | $2.00 | ||
| Q4 25 | $-0.15 | $1.50 | ||
| Q3 25 | $2.15 | $1.34 | ||
| Q2 25 | $1.10 | $1.53 | ||
| Q1 25 | $-0.02 | $1.70 | ||
| Q4 24 | $-1.05 | $1.34 | ||
| Q3 24 | $-0.40 | $2.69 | ||
| Q2 24 | $0.79 | $1.61 |
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 | $978.0M | $542.0K |
| 总债务越低越好 | $2.8B | $6.5M |
| 股东权益账面价值 | $9.2B | $1.9M |
| 总资产 | $16.5B | $17.2M |
| 负债/权益比越低杠杆越低 | 0.30× | 3.38× |
8季度趋势，按日历期对齐
现金及短期投资DINOKMB
| Q1 26 | — | $542.0K | ||
| Q4 25 | $978.0M | $688.0M | ||
| Q3 25 | $1.5B | $617.0M | ||
| Q2 25 | $874.0M | $634.0M | ||
| Q1 25 | $547.0M | $563.0M | ||
| Q4 24 | $800.0M | $1.0B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $866.3M | $1.2B |
总债务DINOKMB
| Q1 26 | — | $6.5M | ||
| Q4 25 | $2.8B | $6.5B | ||
| Q3 25 | $2.8B | $6.5B | ||
| Q2 25 | $2.7B | $6.5B | ||
| Q1 25 | $2.7B | $6.5B | ||
| Q4 24 | $2.6B | $6.9B | ||
| Q3 24 | — | $6.9B | ||
| Q2 24 | — | $7.2B |
股东权益DINOKMB
| Q1 26 | — | $1.9M | ||
| Q4 25 | $9.2B | $1.5B | ||
| Q3 25 | $9.4B | $1.3B | ||
| Q2 25 | $9.3B | $1.3B | ||
| Q1 25 | $9.2B | $1.1B | ||
| Q4 24 | $9.3B | $840.0M | ||
| Q3 24 | $9.6B | $1.3B | ||
| Q2 24 | $9.9B | $1.1B |
总资产DINOKMB
| Q1 26 | — | $17.2M | ||
| Q4 25 | $16.5B | $17.1B | ||
| Q3 25 | $17.3B | $16.9B | ||
| Q2 25 | $16.8B | $16.8B | ||
| Q1 25 | $16.5B | $16.3B | ||
| Q4 24 | $16.6B | $16.5B | ||
| Q3 24 | $16.9B | $17.2B | ||
| Q2 24 | $17.4B | $17.3B |
负债/权益比DINOKMB
| Q1 26 | — | 3.38× | ||
| Q4 25 | 0.30× | 4.31× | ||
| Q3 25 | 0.29× | 4.86× | ||
| Q2 25 | 0.29× | 5.09× | ||
| Q1 25 | 0.29× | 5.89× | ||
| Q4 24 | 0.29× | 8.18× | ||
| Q3 24 | — | 5.36× | ||
| Q2 24 | — | 6.30× |
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 | $8.0M | — |
| 自由现金流经营现金流 - 资本支出 | $-123.0M | — |
| 自由现金流率自由现金流/营收 | -1.9% | — |
| 资本支出强度资本支出/营收 | 2.0% | — |
| 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 | $866.0M | — |
8季度趋势，按日历期对齐
经营现金流DINOKMB
| Q1 26 | — | — | ||
| Q4 25 | $8.0M | $972.0M | ||
| Q3 25 | $809.0M | $708.0M | ||
| Q2 25 | $587.0M | $770.0M | ||
| Q1 25 | $-89.0M | $327.0M | ||
| Q4 24 | $-140.4M | $817.0M | ||
| Q3 24 | $707.6M | $958.0M | ||
| Q2 24 | $225.9M | $1.0B |
自由现金流DINOKMB
| Q1 26 | — | — | ||
| Q4 25 | $-123.0M | $575.0M | ||
| Q3 25 | $688.0M | $368.0M | ||
| Q2 25 | $476.0M | $573.0M | ||
| Q1 25 | $-175.0M | $123.0M | ||
| Q4 24 | $-313.5M | $608.0M | ||
| Q3 24 | $584.0M | $798.0M | ||
| Q2 24 | $141.7M | $863.0M |
自由现金流率DINOKMB
| Q1 26 | — | — | ||
| Q4 25 | -1.9% | 17.5% | ||
| Q3 25 | 9.5% | 8.9% | ||
| Q2 25 | 7.0% | 13.8% | ||
| Q1 25 | -2.7% | 2.5% | ||
| Q4 24 | -4.8% | 12.3% | ||
| Q3 24 | 8.1% | 16.1% | ||
| Q2 24 | 1.8% | 17.2% |
资本支出强度DINOKMB
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 12.1% | ||
| Q3 25 | 1.7% | 8.2% | ||
| Q2 25 | 1.6% | 4.7% | ||
| Q1 25 | 1.4% | 4.2% | ||
| Q4 24 | 2.7% | 4.2% | ||
| Q3 24 | 1.7% | 3.2% | ||
| Q2 24 | 1.1% | 3.1% |
现金转化率DINOKMB
| Q1 26 | — | — | ||
| Q4 25 | — | 1.95× | ||
| Q3 25 | 2.01× | 1.59× | ||
| Q2 25 | 2.82× | 1.51× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 1.83× | ||
| Q3 24 | — | 1.06× | ||
| Q2 24 | 1.49× | 1.88× |
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
DINO
| Transportation Fuels | $5.0B | 77% |
| Lubricants And Specialties Segment | $586.0M | 9% |
| Lubricants And Specialty Products | $531.0M | 8% |
| Crude Oil | $213.0M | 3% |
| Renewables Segment | $163.0M | 3% |
| Midstream Segment | $35.0M | 1% |
| Transportation And Logistic Services | $34.0M | 1% |
KMB
| NA | $2.7B | 64% |
| IPC | $1.5B | 36% |
