vs
康宝莱（HLF）与Sylvamo Corp（SLVM）财务数据对比。点击上方公司名可切换其他公司
康宝莱的季度营收约是Sylvamo Corp的1.4倍（$1.3B vs $890.0M），康宝莱净利率更高（6.7% vs 3.7%，领先2.9%），康宝莱同比增速更快（6.3% vs -8.2%），康宝莱自由现金流更多（$79.8M vs $38.0M），过去两年康宝莱的营收复合增速更高（0.7% vs -0.8%）
康宝莱是美国跨国多层次营销企业，主营膳食补充剂的研发与销售。该公司曾被指控涉嫌金字塔骗局欺诈运营，2016年与美国证监会达成协议后调整了薪酬体系，将经销商奖励与可核实的实际销售额挂钩。此外其部分产品曾被曝出引发急性肝炎的相关问题。
西尔瓦莫公司是全球领先的可持续纸浆与纸品生产商，核心产品包括非涂布印刷纸、包装纸及商用纸浆，业务覆盖北美、欧洲、拉美地区，服务办公耗材、出版、商业印刷、包装等多个领域。
HLF vs SLVM — 直观对比
营收规模更大
HLF
是对方的1.4倍
$890.0M
营收增速更快
HLF
高出14.5%
-8.2%
净利率更高
HLF
高出2.9%
3.7%
自由现金流更多
HLF
多$41.8M
$38.0M
两年增速更快
HLF
近两年复合增速
-0.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $890.0M |
| 净利润 | $85.4M | $33.0M |
| 毛利率 | 77.5% | — |
| 营业利润率 | 7.8% | 8.9% |
| 净利率 | 6.7% | 3.7% |
| 营收同比 | 6.3% | -8.2% |
| 净利润同比 | -52.0% | -59.3% |
| 每股收益（稀释后） | $0.81 | $0.81 |
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HLFSLVM
| Q4 25 | $1.3B | $890.0M | ||
| Q3 25 | $1.3B | $846.0M | ||
| Q2 25 | $1.3B | $794.0M | ||
| Q1 25 | $1.2B | $821.0M | ||
| Q4 24 | $1.2B | $970.0M | ||
| Q3 24 | $1.2B | $965.0M | ||
| Q2 24 | $1.3B | $933.0M | ||
| Q1 24 | $1.3B | $905.0M |
净利润HLFSLVM
| Q4 25 | $85.4M | $33.0M | ||
| Q3 25 | $43.2M | $57.0M | ||
| Q2 25 | $49.3M | $15.0M | ||
| Q1 25 | $50.4M | $27.0M | ||
| Q4 24 | $177.9M | $81.0M | ||
| Q3 24 | $47.4M | $95.0M | ||
| Q2 24 | $4.7M | $83.0M | ||
| Q1 24 | $24.3M | $43.0M |
毛利率HLFSLVM
| Q4 25 | 77.5% | — | ||
| Q3 25 | 77.7% | — | ||
| Q2 25 | 78.0% | — | ||
| Q1 25 | 78.3% | — | ||
| Q4 24 | 77.8% | — | ||
| Q3 24 | 78.3% | — | ||
| Q2 24 | 77.9% | — | ||
| Q1 24 | 77.5% | — |
营业利润率HLFSLVM
| Q4 25 | 7.8% | 8.9% | ||
| Q3 25 | 9.9% | 11.6% | ||
| Q2 25 | 10.5% | 3.8% | ||
| Q1 25 | 10.1% | 5.4% | ||
| Q4 24 | 8.8% | 11.2% | ||
| Q3 24 | 10.2% | 15.5% | ||
| Q2 24 | 6.3% | 13.1% | ||
| Q1 24 | 5.7% | 8.0% |
净利率HLFSLVM
| Q4 25 | 6.7% | 3.7% | ||
| Q3 25 | 3.4% | 6.7% | ||
| Q2 25 | 3.9% | 1.9% | ||
| Q1 25 | 4.1% | 3.3% | ||
| Q4 24 | 14.7% | 8.4% | ||
| Q3 24 | 3.8% | 9.8% | ||
| Q2 24 | 0.4% | 8.9% | ||
| Q1 24 | 1.9% | 4.8% |
每股收益（稀释后）HLFSLVM
| Q4 25 | $0.81 | $0.81 | ||
| Q3 25 | $0.42 | $1.41 | ||
| Q2 25 | $0.48 | $0.37 | ||
| Q1 25 | $0.49 | $0.65 | ||
| Q4 24 | $1.75 | $1.91 | ||
| Q3 24 | $0.46 | $2.27 | ||
| Q2 24 | $0.05 | $1.98 | ||
| Q1 24 | $0.24 | $1.02 |
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 | $353.1M | $198.0M |
| 总债务越低越好 | $2.0B | $763.0M |
| 股东权益账面价值 | $-515.1M | $966.0M |
| 总资产 | $2.8B | $2.8B |
| 负债/权益比越低杠杆越低 | — | 0.79× |
8季度趋势，按日历期对齐
现金及短期投资HLFSLVM
| Q4 25 | $353.1M | $198.0M | ||
| Q3 25 | $305.5M | $146.0M | ||
| Q2 25 | $320.9M | $183.0M | ||
| Q1 25 | $329.4M | $220.0M | ||
| Q4 24 | $415.3M | $309.0M | ||
| Q3 24 | $402.5M | $414.0M | ||
| Q2 24 | $374.0M | $213.0M | ||
| Q1 24 | $398.3M | $218.0M |
总债务HLFSLVM
| Q4 25 | $2.0B | $763.0M | ||
| Q3 25 | $2.0B | $778.0M | ||
| Q2 25 | $2.1B | $767.0M | ||
| Q1 25 | $2.2B | $794.0M | ||
| Q4 24 | $2.3B | $782.0M | ||
| Q3 24 | $2.3B | $883.0M | ||
| Q2 24 | $2.3B | $894.0M | ||
| Q1 24 | $2.4B | $921.0M |
股东权益HLFSLVM
| Q4 25 | $-515.1M | $966.0M | ||
| Q3 25 | $-612.0M | $977.0M | ||
| Q2 25 | $-660.5M | $959.0M | ||
| Q1 25 | $-736.0M | $908.0M | ||
| Q4 24 | $-801.1M | $847.0M | ||
| Q3 24 | $-954.2M | $937.0M | ||
| Q2 24 | $-1.0B | $830.0M | ||
| Q1 24 | $-1.0B | $889.0M |
总资产HLFSLVM
| Q4 25 | $2.8B | $2.8B | ||
| Q3 25 | $2.7B | $2.7B | ||
| Q2 25 | $2.7B | $2.7B | ||
| Q1 25 | $2.7B | $2.6B | ||
| Q4 24 | $2.7B | $2.6B | ||
| Q3 24 | $2.7B | $2.9B | ||
| Q2 24 | $2.6B | $2.7B | ||
| Q1 24 | $2.6B | $2.6B |
负债/权益比HLFSLVM
| Q4 25 | — | 0.79× | ||
| Q3 25 | — | 0.80× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.87× | ||
| Q4 24 | — | 0.92× | ||
| Q3 24 | — | 0.94× | ||
| Q2 24 | — | 1.08× | ||
| Q1 24 | — | 1.04× |
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 | $98.3M | $94.0M |
| 自由现金流经营现金流 - 资本支出 | $79.8M | $38.0M |
| 自由现金流率自由现金流/营收 | 6.2% | 4.3% |
| 资本支出强度资本支出/营收 | 1.4% | 6.3% |
| 现金转化率经营现金流/净利润 | 1.15× | 2.85× |
| 过去12个月自由现金流最近4个季度 | $252.9M | $44.0M |
8季度趋势，按日历期对齐
经营现金流HLFSLVM
| Q4 25 | $98.3M | $94.0M | ||
| Q3 25 | $138.8M | $87.0M | ||
| Q2 25 | $96.0M | $64.0M | ||
| Q1 25 | $200.0K | $23.0M | ||
| Q4 24 | $69.6M | $164.0M | ||
| Q3 24 | $99.5M | $163.0M | ||
| Q2 24 | $102.5M | $115.0M | ||
| Q1 24 | $13.8M | $27.0M |
自由现金流HLFSLVM
| Q4 25 | $79.8M | $38.0M | ||
| Q3 25 | $118.0M | $33.0M | ||
| Q2 25 | $73.2M | $-2.0M | ||
| Q1 25 | $-18.1M | $-25.0M | ||
| Q4 24 | $43.9M | $100.0M | ||
| Q3 24 | $72.4M | $119.0M | ||
| Q2 24 | $66.2M | $62.0M | ||
| Q1 24 | $-19.1M | $-33.0M |
自由现金流率HLFSLVM
| Q4 25 | 6.2% | 4.3% | ||
| Q3 25 | 9.3% | 3.9% | ||
| Q2 25 | 5.8% | -0.3% | ||
| Q1 25 | -1.5% | -3.0% | ||
| Q4 24 | 3.6% | 10.3% | ||
| Q3 24 | 5.8% | 12.3% | ||
| Q2 24 | 5.2% | 6.6% | ||
| Q1 24 | -1.5% | -3.6% |
资本支出强度HLFSLVM
| Q4 25 | 1.4% | 6.3% | ||
| Q3 25 | 1.6% | 6.4% | ||
| Q2 25 | 1.8% | 8.3% | ||
| Q1 25 | 1.5% | 5.8% | ||
| Q4 24 | 2.1% | 6.6% | ||
| Q3 24 | 2.2% | 4.6% | ||
| Q2 24 | 2.8% | 5.7% | ||
| Q1 24 | 2.6% | 6.6% |
现金转化率HLFSLVM
| Q4 25 | 1.15× | 2.85× | ||
| Q3 25 | 3.21× | 1.53× | ||
| Q2 25 | 1.95× | 4.27× | ||
| Q1 25 | 0.00× | 0.85× | ||
| Q4 24 | 0.39× | 2.02× | ||
| Q3 24 | 2.10× | 1.72× | ||
| Q2 24 | 21.81× | 1.39× | ||
| Q1 24 | 0.57× | 0.63× |
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
HLF
| Others | $514.4M | 40% |
| Other | $300.0M | 23% |
| IN | $250.3M | 20% |
| MX | $147.2M | 11% |
| VN | $71.1M | 6% |
SLVM
暂无分部数据
