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西蒙地产集团（ELS）与KinderCare Learning Companies, Inc.（KLC）财务数据对比。点击上方公司名可切换其他公司
KinderCare Learning Companies, Inc.的季度营收约是西蒙地产集团的1.7倍（$676.8M vs $397.6M），西蒙地产集团同比增速更快（6.3% vs 0.8%）
西蒙地产集团是美国头部房地产投资信托企业，投资范围涵盖购物中心、奥特莱斯及社区生活中心等商业地产业态，是美国规模最大的购物中心持有方，总部位于印第安纳州印第安纳波利斯，截至2024年12月末共持有232处物业权益。
金德凯尔学习公司是1969年成立的美国营利性早教与托育机构运营商，总部位于俄勒冈州波特兰市，服务覆盖全美39个州及华盛顿哥伦比亚特区，目前在全美拥有超1250家教学点，在读儿童约20万人，面向出生6周至12岁的儿童提供教育项目，是俄勒冈州第三大私营企业。
ELS vs KLC — 直观对比
营收规模更大
KLC
是对方的1.7倍
$397.6M
营收增速更快
ELS
高出5.5%
0.8%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $397.6M | $676.8M |
| 净利润 | — | $4.5M |
| 毛利率 | — | — |
| 营业利润率 | — | 3.9% |
| 净利率 | — | 0.7% |
| 营收同比 | 6.3% | 0.8% |
| 净利润同比 | — | -67.4% |
| 每股收益（稀释后） | $0.56 | $0.04 |
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ELSKLC
| Q1 26 | $397.6M | — | ||
| Q4 25 | $373.9M | — | ||
| Q3 25 | $393.3M | $676.8M | ||
| Q2 25 | $376.9M | $700.1M | ||
| Q1 25 | $387.3M | $668.2M | ||
| Q4 24 | $372.3M | $647.0M | ||
| Q3 24 | $387.3M | $671.5M | ||
| Q2 24 | $380.0M | — |
净利润ELSKLC
| Q1 26 | — | — | ||
| Q4 25 | $103.8M | — | ||
| Q3 25 | $100.4M | $4.5M | ||
| Q2 25 | $83.5M | $38.6M | ||
| Q1 25 | $114.4M | $21.2M | ||
| Q4 24 | $100.6M | $-133.6M | ||
| Q3 24 | $86.9M | $14.0M | ||
| Q2 24 | $82.1M | — |
营业利润率ELSKLC
| Q1 26 | — | — | ||
| Q4 25 | 26.5% | — | ||
| Q3 25 | 25.1% | 3.9% | ||
| Q2 25 | 22.3% | 9.8% | ||
| Q1 25 | 28.3% | 7.3% | ||
| Q4 24 | 27.2% | -13.8% | ||
| Q3 24 | 21.4% | 8.1% | ||
| Q2 24 | 21.5% | — |
净利率ELSKLC
| Q1 26 | — | — | ||
| Q4 25 | 27.8% | — | ||
| Q3 25 | 25.5% | 0.7% | ||
| Q2 25 | 22.2% | 5.5% | ||
| Q1 25 | 29.5% | 3.2% | ||
| Q4 24 | 27.0% | -20.6% | ||
| Q3 24 | 22.4% | 2.1% | ||
| Q2 24 | 21.6% | — |
每股收益（稀释后）ELSKLC
| Q1 26 | $0.56 | — | ||
| Q4 25 | $0.52 | — | ||
| Q3 25 | $0.50 | $0.04 | ||
| Q2 25 | $0.42 | $0.33 | ||
| Q1 25 | $0.57 | $0.18 | ||
| Q4 24 | $0.51 | $-1.17 | ||
| Q3 24 | $0.44 | $0.15 | ||
| Q2 24 | $0.42 | — |
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 | — | $174.7M |
| 总债务越低越好 | — | $930.9M |
| 股东权益账面价值 | $1.8B | $931.2M |
| 总资产 | $5.7M | $3.9B |
| 负债/权益比越低杠杆越低 | — | 1.00× |
8季度趋势，按日历期对齐
现金及短期投资ELSKLC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $174.7M | ||
| Q2 25 | — | $119.0M | ||
| Q1 25 | — | $131.3M | ||
| Q4 24 | — | $62.3M | ||
| Q3 24 | — | $137.2M | ||
| Q2 24 | — | — |
总债务ELSKLC
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | — | ||
| Q3 25 | — | $930.9M | ||
| Q2 25 | — | $926.5M | ||
| Q1 25 | — | $927.4M | ||
| Q4 24 | $3.2B | $926.0M | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | — |
股东权益ELSKLC
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | $931.2M | ||
| Q2 25 | $1.7B | $924.3M | ||
| Q1 25 | $1.7B | $884.9M | ||
| Q4 24 | $1.7B | $864.5M | ||
| Q3 24 | $1.4B | $235.6M | ||
| Q2 24 | $1.4B | — |
总资产ELSKLC
| Q1 26 | $5.7M | — | ||
| Q4 25 | $5.7B | — | ||
| Q3 25 | $5.7B | $3.9B | ||
| Q2 25 | $5.7B | $3.8B | ||
| Q1 25 | $5.6B | $3.7B | ||
| Q4 24 | $5.6B | $3.6B | ||
| Q3 24 | $5.6B | $3.7B | ||
| Q2 24 | $5.6B | — |
负债/权益比ELSKLC
| Q1 26 | — | — | ||
| Q4 25 | 1.91× | — | ||
| Q3 25 | — | 1.00× | ||
| Q2 25 | — | 1.00× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | 1.84× | 1.07× | ||
| Q3 24 | — | 6.42× | ||
| Q2 24 | — | — |
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 | — | $100.8M |
| 自由现金流经营现金流 - 资本支出 | — | $62.6M |
| 自由现金流率自由现金流/营收 | — | 9.2% |
| 资本支出强度资本支出/营收 | — | 5.6% |
| 现金转化率经营现金流/净利润 | — | 22.15× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ELSKLC
| Q1 26 | — | — | ||
| Q4 25 | $571.1M | — | ||
| Q3 25 | $147.0M | $100.8M | ||
| Q2 25 | $131.3M | $35.0M | ||
| Q1 25 | $193.4M | $98.4M | ||
| Q4 24 | $596.7M | — | ||
| Q3 24 | $149.5M | — | ||
| Q2 24 | $143.1M | — |
自由现金流ELSKLC
| Q1 26 | — | — | ||
| Q4 25 | $334.1M | — | ||
| Q3 25 | $75.7M | $62.6M | ||
| Q2 25 | $71.8M | $671.0K | ||
| Q1 25 | $148.2M | $75.1M | ||
| Q4 24 | $355.4M | — | ||
| Q3 24 | $91.1M | — | ||
| Q2 24 | $80.6M | — |
自由现金流率ELSKLC
| Q1 26 | — | — | ||
| Q4 25 | 89.4% | — | ||
| Q3 25 | 19.3% | 9.2% | ||
| Q2 25 | 19.1% | 0.1% | ||
| Q1 25 | 38.3% | 11.2% | ||
| Q4 24 | 95.5% | — | ||
| Q3 24 | 23.5% | — | ||
| Q2 24 | 21.2% | — |
资本支出强度ELSKLC
| Q1 26 | — | — | ||
| Q4 25 | 63.4% | — | ||
| Q3 25 | 18.1% | 5.6% | ||
| Q2 25 | 15.8% | 4.9% | ||
| Q1 25 | 11.7% | 3.5% | ||
| Q4 24 | 64.8% | — | ||
| Q3 24 | 15.1% | — | ||
| Q2 24 | 16.5% | — |
现金转化率ELSKLC
| Q1 26 | — | — | ||
| Q4 25 | 5.50× | — | ||
| Q3 25 | 1.46× | 22.15× | ||
| Q2 25 | 1.57× | 0.91× | ||
| Q1 25 | 1.69× | 4.65× | ||
| Q4 24 | 5.93× | — | ||
| Q3 24 | 1.72× | — | ||
| Q2 24 | 1.74× | — |
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
ELS
| Rental income | $339.0M | 85% |
| Other | $37.2M | 9% |
| Annual membership subscriptions | $18.3M | 5% |
| Membership upgrade revenue | $3.1M | 1% |
KLC
| Early Childhood Education Centers | $627.0M | 93% |
| Before And After School Sites | $49.8M | 7% |
