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荷美尔食品（HRL）与Jefferies Financial Group Inc.（JEF）财务数据对比。点击上方公司名可切换其他公司
荷美尔食品的季度营收约是Jefferies Financial Group Inc.的1.9倍（$3.2B vs $1.7B），Jefferies Financial Group Inc.净利率更高（12.6% vs -1.8%，领先14.4%），Jefferies Financial Group Inc.自由现金流更多（$1.9B vs $231.4M）
荷美尔食品是1891年于美国明尼苏达州奥斯汀成立的跨国食品加工企业，由乔治·A·荷美尔创立。品牌最初主营火腿、香肠等各类畜肉产品的包装与销售，1937年推出斯帕姆午餐肉，上世纪80年代起逐步拓展多元化包装及冷藏食品产品线。
杰富瑞金融集团是总部位于美国纽约的金融服务企业，在纽约证券交易所挂牌上市，同时位列财富1000强榜单，为全球客户提供专业的金融相关服务。
HRL vs JEF — 直观对比
营收规模更大
HRL
是对方的1.9倍
$1.7B
净利率更高
JEF
高出14.4%
-1.8%
自由现金流更多
JEF
多$1.7B
$231.4M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $1.7B |
| 净利润 | $-56.1M | $211.3M |
| 毛利率 | 14.0% | 95.7% |
| 营业利润率 | 0.1% | 15.2% |
| 净利率 | -1.8% | 12.6% |
| 营收同比 | 1.5% | — |
| 净利润同比 | -125.5% | — |
| 每股收益（稀释后） | $-0.10 | $0.85 |
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HRLJEF
| Q4 25 | $3.2B | $1.7B | ||
| Q3 25 | $3.0B | $1.5B | ||
| Q2 25 | $2.9B | $1.2B | ||
| Q1 25 | $3.0B | $1.1B | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $2.9B | $1.2B | ||
| Q2 24 | $2.9B | $1.0B | ||
| Q1 24 | $3.0B | $971.2M |
净利润HRLJEF
| Q4 25 | $-56.1M | $211.3M | ||
| Q3 25 | $183.7M | $242.5M | ||
| Q2 25 | $180.0M | $91.4M | ||
| Q1 25 | $170.6M | $136.8M | ||
| Q4 24 | $220.2M | — | ||
| Q3 24 | $176.7M | $181.0M | ||
| Q2 24 | $189.3M | $154.7M | ||
| Q1 24 | $218.9M | $156.4M |
毛利率HRLJEF
| Q4 25 | 14.0% | 95.7% | ||
| Q3 25 | 16.1% | 97.7% | ||
| Q2 25 | 16.7% | 96.5% | ||
| Q1 25 | 15.9% | 96.4% | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 16.8% | 96.9% | ||
| Q2 24 | 17.4% | 96.4% | ||
| Q1 24 | 17.0% | 96.4% |
营业利润率HRLJEF
| Q4 25 | 0.1% | 15.2% | ||
| Q3 25 | 7.9% | 22.1% | ||
| Q2 25 | 8.6% | 11.0% | ||
| Q1 25 | 7.6% | 13.2% | ||
| Q4 24 | 9.4% | — | ||
| Q3 24 | 8.2% | 20.7% | ||
| Q2 24 | 8.7% | 22.0% | ||
| Q1 24 | 9.5% | 22.7% |
净利率HRLJEF
| Q4 25 | -1.8% | 12.6% | ||
| Q3 25 | 6.1% | 16.1% | ||
| Q2 25 | 6.2% | 7.4% | ||
| Q1 25 | 5.7% | 12.0% | ||
| Q4 24 | 7.0% | — | ||
| Q3 24 | 6.1% | 14.8% | ||
| Q2 24 | 6.6% | 14.9% | ||
| Q1 24 | 7.3% | 16.1% |
每股收益（稀释后）HRLJEF
| Q4 25 | $-0.10 | $0.85 | ||
| Q3 25 | $0.33 | $1.01 | ||
| Q2 25 | $0.33 | $0.40 | ||
| Q1 25 | $0.31 | $0.57 | ||
| Q4 24 | $0.41 | — | ||
| Q3 24 | $0.32 | $0.75 | ||
| Q2 24 | $0.34 | $0.64 | ||
| Q1 24 | $0.40 | $0.66 |
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 | $703.6M | $14.0B |
| 总债务越低越好 | $2.9B | $15.9B |
| 股东权益账面价值 | $7.9B | $10.6B |
| 总资产 | $13.4B | $76.0B |
| 负债/权益比越低杠杆越低 | 0.36× | 1.50× |
8季度趋势，按日历期对齐
现金及短期投资HRLJEF
| Q4 25 | $703.6M | $14.0B | ||
| Q3 25 | $630.7M | $11.5B | ||
| Q2 25 | $699.0M | $11.3B | ||
| Q1 25 | $866.4M | $11.2B | ||
| Q4 24 | $766.6M | — | ||
| Q3 24 | $561.9M | $10.6B | ||
| Q2 24 | $1.5B | $10.8B | ||
| Q1 24 | $981.9M | $7.6B |
总债务HRLJEF
| Q4 25 | $2.9B | $15.9B | ||
| Q3 25 | $2.9B | $16.0B | ||
| Q2 25 | $2.9B | $15.4B | ||
| Q1 25 | $2.9B | $14.8B | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $2.9B | $12.9B | ||
| Q2 24 | $2.9B | $12.7B | ||
| Q1 24 | $2.4B | $9.9B |
股东权益HRLJEF
| Q4 25 | $7.9B | $10.6B | ||
| Q3 25 | $8.1B | $10.4B | ||
| Q2 25 | $8.0B | $10.3B | ||
| Q1 25 | $8.0B | $10.2B | ||
| Q4 24 | $8.0B | — | ||
| Q3 24 | $7.9B | $10.0B | ||
| Q2 24 | $7.9B | $9.9B | ||
| Q1 24 | $7.8B | $9.8B |
总资产HRLJEF
| Q4 25 | $13.4B | $76.0B | ||
| Q3 25 | $13.5B | $69.3B | ||
| Q2 25 | $13.4B | $67.3B | ||
| Q1 25 | $13.4B | $70.2B | ||
| Q4 24 | $13.4B | — | ||
| Q3 24 | $13.1B | $63.3B | ||
| Q2 24 | $14.1B | $63.0B | ||
| Q1 24 | $13.5B | $60.9B |
负债/权益比HRLJEF
| Q4 25 | 0.36× | 1.50× | ||
| Q3 25 | 0.35× | 1.53× | ||
| Q2 25 | 0.35× | 1.49× | ||
| Q1 25 | 0.36× | 1.45× | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 0.36× | 1.29× | ||
| Q2 24 | 0.36× | 1.28× | ||
| Q1 24 | 0.30× | 1.01× |
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 | $322.9M | $2.0B |
| 自由现金流经营现金流 - 资本支出 | $231.4M | $1.9B |
| 自由现金流率自由现金流/营收 | 7.3% | 114.2% |
| 资本支出强度资本支出/营收 | 2.9% | 3.4% |
| 现金转化率经营现金流/净利润 | — | 9.30× |
| 过去12个月自由现金流最近4个季度 | $534.3M | $-1.7B |
8季度趋势，按日历期对齐
经营现金流HRLJEF
| Q4 25 | $322.9M | $2.0B | ||
| Q3 25 | $156.7M | $184.2M | ||
| Q2 25 | $56.4M | $-978.3M | ||
| Q1 25 | $309.2M | $-2.7B | ||
| Q4 24 | $408.6M | — | ||
| Q3 24 | $218.0M | — | ||
| Q2 24 | $236.1M | — | ||
| Q1 24 | $404.0M | $-1.3B |
自由现金流HRLJEF
| Q4 25 | $231.4M | $1.9B | ||
| Q3 25 | $84.5M | $126.0M | ||
| Q2 25 | $-18.6M | $-1.0B | ||
| Q1 25 | $237.0M | $-2.7B | ||
| Q4 24 | $324.8M | — | ||
| Q3 24 | $152.5M | — | ||
| Q2 24 | $176.2M | — | ||
| Q1 24 | $356.8M | $-1.4B |
自由现金流率HRLJEF
| Q4 25 | 7.3% | 114.2% | ||
| Q3 25 | 2.8% | 8.4% | ||
| Q2 25 | -0.6% | -83.3% | ||
| Q1 25 | 7.9% | -237.2% | ||
| Q4 24 | 10.4% | — | ||
| Q3 24 | 5.3% | — | ||
| Q2 24 | 6.1% | — | ||
| Q1 24 | 11.9% | -139.4% |
资本支出强度HRLJEF
| Q4 25 | 2.9% | 3.4% | ||
| Q3 25 | 2.4% | 3.9% | ||
| Q2 25 | 2.6% | 3.6% | ||
| Q1 25 | 2.4% | 4.3% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.3% | — | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | 1.6% | 9.9% |
现金转化率HRLJEF
| Q4 25 | — | 9.30× | ||
| Q3 25 | 0.85× | 0.76× | ||
| Q2 25 | 0.31× | -10.70× | ||
| Q1 25 | 1.81× | -19.48× | ||
| Q4 24 | 1.86× | — | ||
| Q3 24 | 1.23× | — | ||
| Q2 24 | 1.25× | — | ||
| Q1 24 | 1.85× | -8.04× |
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
HRL
| Retail Segment | $1.9B | 60% |
| Foodservice Segment | $1.1B | 34% |
| Other | $174.7M | 5% |
JEF
| Investment Banking Underwriting | $555.6M | 33% |
| Principal Transactions Revenue | $378.3M | 23% |
| Commissions And Other Fees | $356.0M | 21% |
| Other | $177.8M | 11% |
| Internet Connection And Boadband Revenue | $57.0M | 3% |
| Other Sources Of Revenue Miscellaneous | $53.3M | 3% |
| Real Estate | $50.7M | 3% |
| Strategic Affiliates Revenue | $13.8M | 1% |
| Asset Management1 | $12.1M | 1% |
| Fixed Income Services | $1.6M | 0% |
