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孩之宝（HAS）与KEMPER Corp（KMPR）财务数据对比。点击上方公司名可切换其他公司
孩之宝的季度营收约是KEMPER Corp的1.3倍（$1.4B vs $1.1B），孩之宝净利率更高（13.9% vs -0.7%，领先14.6%），孩之宝同比增速更快（31.3% vs -4.7%），孩之宝自由现金流更多（$389.5M vs $166.2M），过去两年孩之宝的营收复合增速更高（38.2% vs -0.5%）
孩之宝是1923年12月6日成立的美国跨国玩具制造与娱乐控股企业，总部位于罗德岛州波塔基特。旗下拥有Kenner、米尔顿·布拉德利、派克兄弟、威世智等知名品牌，持有大量热门IP商标权，业务覆盖玩具生产、游戏开发、娱乐内容出品等多个领域。
坎伯公司（Kemper Corporation）是总部位于美国伊利诺伊州芝加哥的保险服务商，总资产近130亿美元，旗下品牌矩阵为个人、家庭及企业客户提供多元保险产品服务。
HAS vs KMPR — 直观对比
营收规模更大
HAS
是对方的1.3倍
$1.1B
营收增速更快
HAS
高出35.9%
-4.7%
净利率更高
HAS
高出14.6%
-0.7%
自由现金流更多
HAS
多$223.3M
$166.2M
两年增速更快
HAS
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.1B |
| 净利润 | $201.6M | $-8.0M |
| 毛利率 | 68.7% | — |
| 营业利润率 | 20.6% | — |
| 净利率 | 13.9% | -0.7% |
| 营收同比 | 31.3% | -4.7% |
| 净利润同比 | 687.8% | -108.2% |
| 每股收益（稀释后） | $1.46 | $-0.03 |
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HASKMPR
| Q4 25 | $1.4B | $1.1B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $980.8M | $1.2B | ||
| Q1 25 | $887.1M | $1.2B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $995.3M | $1.1B | ||
| Q1 24 | $757.3M | $1.1B |
净利润HASKMPR
| Q4 25 | $201.6M | $-8.0M | ||
| Q3 25 | $233.2M | $-21.0M | ||
| Q2 25 | $-855.8M | $72.6M | ||
| Q1 25 | $98.6M | $99.7M | ||
| Q4 24 | $-34.3M | $97.4M | ||
| Q3 24 | $223.2M | $73.7M | ||
| Q2 24 | $138.5M | $75.4M | ||
| Q1 24 | $58.2M | $71.3M |
毛利率HASKMPR
| Q4 25 | 68.7% | — | ||
| Q3 25 | 70.1% | — | ||
| Q2 25 | 77.0% | — | ||
| Q1 25 | 76.9% | — | ||
| Q4 24 | 67.4% | — | ||
| Q3 24 | 70.4% | — | ||
| Q2 24 | 76.1% | — | ||
| Q1 24 | 73.0% | — |
营业利润率HASKMPR
| Q4 25 | 20.6% | — | ||
| Q3 25 | 24.6% | — | ||
| Q2 25 | -81.4% | — | ||
| Q1 25 | 19.2% | — | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | 23.6% | 11.2% | ||
| Q2 24 | 21.3% | 10.1% | ||
| Q1 24 | 15.3% | 7.6% |
净利率HASKMPR
| Q4 25 | 13.9% | -0.7% | ||
| Q3 25 | 16.8% | -1.7% | ||
| Q2 25 | -87.3% | 5.9% | ||
| Q1 25 | 11.1% | 8.4% | ||
| Q4 24 | -3.1% | 8.2% | ||
| Q3 24 | 17.4% | 6.3% | ||
| Q2 24 | 13.9% | 6.7% | ||
| Q1 24 | 7.7% | 6.2% |
每股收益（稀释后）HASKMPR
| Q4 25 | $1.46 | $-0.03 | ||
| Q3 25 | $1.64 | $-0.34 | ||
| Q2 25 | $-6.10 | $1.12 | ||
| Q1 25 | $0.70 | $1.54 | ||
| Q4 24 | $-0.25 | $1.51 | ||
| Q3 24 | $1.59 | $1.14 | ||
| Q2 24 | $0.99 | $1.16 | ||
| Q1 24 | $0.42 | $1.10 |
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 | — | — |
| 总债务越低越好 | — | $943.5M |
| 股东权益账面价值 | $565.5M | $2.7B |
| 总资产 | $5.6B | $12.5B |
| 负债/权益比越低杠杆越低 | — | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资HASKMPR
| Q4 25 | — | — | ||
| Q3 25 | — | $371.2M | ||
| Q2 25 | — | $407.6M | ||
| Q1 25 | — | $545.3M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $696.9M | ||
| Q2 24 | — | $539.1M | ||
| Q1 24 | — | $520.7M |
总债务HASKMPR
| Q4 25 | — | $943.5M | ||
| Q3 25 | — | $943.1M | ||
| Q2 25 | — | $942.6M | ||
| Q1 25 | — | $942.1M | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.4B |
股东权益HASKMPR
| Q4 25 | $565.5M | $2.7B | ||
| Q3 25 | $433.8M | $2.7B | ||
| Q2 25 | $269.7M | $370.0M | ||
| Q1 25 | $1.2B | $366.0M | ||
| Q4 24 | $1.2B | $2.8B | ||
| Q3 24 | $1.3B | $2.8B | ||
| Q2 24 | $1.2B | $358.0M | ||
| Q1 24 | $1.0B | $2.6B |
总资产HASKMPR
| Q4 25 | $5.6B | $12.5B | ||
| Q3 25 | $5.5B | $12.4B | ||
| Q2 25 | $5.2B | $12.6B | ||
| Q1 25 | $6.0B | $12.5B | ||
| Q4 24 | $6.3B | $12.6B | ||
| Q3 24 | $7.2B | $12.6B | ||
| Q2 24 | $6.9B | $12.6B | ||
| Q1 24 | $6.2B | $12.6B |
负债/权益比HASKMPR
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | 2.55× | ||
| Q1 25 | — | 2.57× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.50× | ||
| Q2 24 | — | 3.88× | ||
| Q1 24 | — | 0.54× |
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 | $403.2M | $175.0M |
| 自由现金流经营现金流 - 资本支出 | $389.5M | $166.2M |
| 自由现金流率自由现金流/营收 | 26.9% | 14.7% |
| 资本支出强度资本支出/营收 | 0.9% | 0.8% |
| 现金转化率经营现金流/净利润 | 2.00× | — |
| 过去12个月自由现金流最近4个季度 | $829.9M | $553.9M |
8季度趋势，按日历期对齐
经营现金流HASKMPR
| Q4 25 | $403.2M | $175.0M | ||
| Q3 25 | $280.6M | $139.9M | ||
| Q2 25 | $71.3M | $89.6M | ||
| Q1 25 | $138.1M | $180.0M | ||
| Q4 24 | $259.8M | $175.1M | ||
| Q3 24 | $222.5M | $141.9M | ||
| Q2 24 | $187.3M | $22.9M | ||
| Q1 24 | $177.8M | $43.0M |
自由现金流HASKMPR
| Q4 25 | $389.5M | $166.2M | ||
| Q3 25 | $260.9M | $133.4M | ||
| Q2 25 | $55.2M | $82.0M | ||
| Q1 25 | $124.3M | $172.3M | ||
| Q4 24 | $200.8M | $165.4M | ||
| Q3 24 | $174.0M | $131.4M | ||
| Q2 24 | $135.4M | $5.2M | ||
| Q1 24 | $132.0M | $27.7M |
自由现金流率HASKMPR
| Q4 25 | 26.9% | 14.7% | ||
| Q3 25 | 18.8% | 10.8% | ||
| Q2 25 | 5.6% | 6.7% | ||
| Q1 25 | 14.0% | 14.4% | ||
| Q4 24 | 18.2% | 13.9% | ||
| Q3 24 | 13.6% | 11.1% | ||
| Q2 24 | 13.6% | 0.5% | ||
| Q1 24 | 17.4% | 2.4% |
资本支出强度HASKMPR
| Q4 25 | 0.9% | 0.8% | ||
| Q3 25 | 1.4% | 0.5% | ||
| Q2 25 | 1.6% | 0.6% | ||
| Q1 25 | 1.6% | 0.6% | ||
| Q4 24 | 5.4% | 0.8% | ||
| Q3 24 | 3.8% | 0.9% | ||
| Q2 24 | 5.2% | 1.6% | ||
| Q1 24 | 6.0% | 1.3% |
现金转化率HASKMPR
| Q4 25 | 2.00× | — | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | 1.40× | 1.81× | ||
| Q4 24 | — | 1.80× | ||
| Q3 24 | 1.00× | 1.93× | ||
| Q2 24 | 1.35× | 0.30× | ||
| Q1 24 | 3.05× | 0.60× |
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
HAS
| Grow Brands | $1.1B | 75% |
| Optimize Brands | $188.7M | 13% |
| Digital And Licensing Gaming | $135.7M | 9% |
| Class Of Principal Product Family Brands | $13.1M | 1% |
| Filmand TV | $2.4M | 0% |
KMPR
| Specialty Property Casualty Insurance Segment | $995.1M | 88% |
| Life Insurance Segment1 | $140.7M | 12% |
