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荷美尔食品（HRL）与KeyCorp（KEY）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KeyCorp的1.6倍（$3.2B vs $2.0B），KeyCorp净利率更高（25.4% vs -1.8%，领先27.2%），KeyCorp同比增速更快（131.8% vs 1.5%），KeyCorp自由现金流更多（$2.1B vs $231.4M），过去两年KeyCorp的营收复合增速更高（14.4% vs 3.1%）
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。
Key是日本知名视觉小说工作室，1998年7月21日作为发行商Visual Arts旗下品牌成立，总部位于大阪市北区。工作室主打剧情向作品，擅长创作情感饱满、情节跌宕的戏剧类内容，旗下多款作品深受全球ACG爱好者喜爱。
HRL vs KEY — 直观对比
营收规模更大
HRL
是对方的1.6倍
$2.0B
营收增速更快
KEY
高出130.3%
1.5%
净利率更高
KEY
高出27.2%
-1.8%
自由现金流更多
KEY
多$1.9B
$231.4M
两年增速更快
KEY
近两年复合增速
3.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $2.0B |
| 净利润 | $-56.1M | $510.0M |
| 毛利率 | 14.0% | — |
| 营业利润率 | 0.1% | 32.3% |
| 净利率 | -1.8% | 25.4% |
| 营收同比 | 1.5% | 131.8% |
| 净利润同比 | -125.5% | 309.0% |
| 每股收益（稀释后） | $-0.10 | $0.43 |
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HRLKEY
| Q4 25 | $3.2B | $2.0B | ||
| Q3 25 | $3.0B | $1.9B | ||
| Q2 25 | $2.9B | $1.8B | ||
| Q1 25 | $3.0B | $1.8B | ||
| Q4 24 | $3.1B | $865.0M | ||
| Q3 24 | $2.9B | $695.0M | ||
| Q2 24 | $2.9B | $1.5B | ||
| Q1 24 | $3.0B | $1.5B |
净利润HRLKEY
| Q4 25 | $-56.1M | $510.0M | ||
| Q3 25 | $183.7M | $489.0M | ||
| Q2 25 | $180.0M | $425.0M | ||
| Q1 25 | $170.6M | $405.0M | ||
| Q4 24 | $220.2M | $-244.0M | ||
| Q3 24 | $176.7M | $-410.0M | ||
| Q2 24 | $189.3M | $274.0M | ||
| Q1 24 | $218.9M | $219.0M |
毛利率HRLKEY
| Q4 25 | 14.0% | — | ||
| Q3 25 | 16.1% | — | ||
| Q2 25 | 16.7% | — | ||
| Q1 25 | 15.9% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 16.8% | — | ||
| Q2 24 | 17.4% | — | ||
| Q1 24 | 17.0% | — |
营业利润率HRLKEY
| Q4 25 | 0.1% | 32.3% | ||
| Q3 25 | 7.9% | 31.8% | ||
| Q2 25 | 8.6% | 29.3% | ||
| Q1 25 | 7.6% | 29.0% | ||
| Q4 24 | 9.4% | -92.6% | ||
| Q3 24 | 8.2% | -72.8% | ||
| Q2 24 | 8.7% | 22.0% | ||
| Q1 24 | 9.5% | 18.1% |
净利率HRLKEY
| Q4 25 | -1.8% | 25.4% | ||
| Q3 25 | 6.1% | 25.8% | ||
| Q2 25 | 6.2% | 23.1% | ||
| Q1 25 | 5.7% | 22.8% | ||
| Q4 24 | 7.0% | -54.7% | ||
| Q3 24 | 6.1% | -59.0% | ||
| Q2 24 | 6.6% | 18.0% | ||
| Q1 24 | 7.3% | 14.3% |
每股收益（稀释后）HRLKEY
| Q4 25 | $-0.10 | $0.43 | ||
| Q3 25 | $0.33 | $0.41 | ||
| Q2 25 | $0.33 | $0.35 | ||
| Q1 25 | $0.31 | $0.33 | ||
| Q4 24 | $0.41 | $-0.30 | ||
| Q3 24 | $0.32 | $-0.47 | ||
| Q2 24 | $0.34 | $0.25 | ||
| Q1 24 | $0.40 | $0.20 |
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 | $10.2B |
| 总债务越低越好 | $2.9B | $9.9B |
| 股东权益账面价值 | $7.9B | $20.4B |
| 总资产 | $13.4B | $184.4B |
| 负债/权益比越低杠杆越低 | 0.36× | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资HRLKEY
| Q4 25 | $703.6M | $10.2B | ||
| Q3 25 | $630.7M | $13.3B | ||
| Q2 25 | $699.0M | $11.6B | ||
| Q1 25 | $866.4M | $15.3B | ||
| Q4 24 | $766.6M | $17.5B | ||
| Q3 24 | $561.9M | $22.8B | ||
| Q2 24 | $1.5B | $15.5B | ||
| Q1 24 | $981.9M | $13.2B |
总债务HRLKEY
| Q4 25 | $2.9B | $9.9B | ||
| Q3 25 | $2.9B | $10.9B | ||
| Q2 25 | $2.9B | $12.1B | ||
| Q1 25 | $2.9B | $12.4B | ||
| Q4 24 | $2.9B | $12.1B | ||
| Q3 24 | $2.9B | $15.7B | ||
| Q2 24 | $2.9B | $16.9B | ||
| Q1 24 | $2.4B | $20.8B |
股东权益HRLKEY
| Q4 25 | $7.9B | $20.4B | ||
| Q3 25 | $8.1B | $20.1B | ||
| Q2 25 | $8.0B | $19.5B | ||
| Q1 25 | $8.0B | $19.0B | ||
| Q4 24 | $8.0B | $18.2B | ||
| Q3 24 | $7.9B | $16.9B | ||
| Q2 24 | $7.9B | $14.8B | ||
| Q1 24 | $7.8B | $14.5B |
总资产HRLKEY
| Q4 25 | $13.4B | $184.4B | ||
| Q3 25 | $13.5B | $187.4B | ||
| Q2 25 | $13.4B | $185.5B | ||
| Q1 25 | $13.4B | $188.7B | ||
| Q4 24 | $13.4B | $187.2B | ||
| Q3 24 | $13.1B | $189.8B | ||
| Q2 24 | $14.1B | $187.4B | ||
| Q1 24 | $13.5B | $187.5B |
负债/权益比HRLKEY
| Q4 25 | 0.36× | 0.49× | ||
| Q3 25 | 0.35× | 0.54× | ||
| Q2 25 | 0.35× | 0.62× | ||
| Q1 25 | 0.36× | 0.65× | ||
| Q4 24 | 0.36× | 0.67× | ||
| Q3 24 | 0.36× | 0.93× | ||
| Q2 24 | 0.36× | 1.14× | ||
| Q1 24 | 0.30× | 1.43× |
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 | $2.2B |
| 自由现金流经营现金流 - 资本支出 | $231.4M | $2.1B |
| 自由现金流率自由现金流/营收 | 7.3% | 104.8% |
| 资本支出强度资本支出/营收 | 2.9% | 5.3% |
| 现金转化率经营现金流/净利润 | — | 4.33× |
| 过去12个月自由现金流最近4个季度 | $534.3M | $3.5B |
8季度趋势，按日历期对齐
经营现金流HRLKEY
| Q4 25 | $322.9M | $2.2B | ||
| Q3 25 | $156.7M | $396.0M | ||
| Q2 25 | $56.4M | $1.2B | ||
| Q1 25 | $309.2M | $-140.0M | ||
| Q4 24 | $408.6M | $664.0M | ||
| Q3 24 | $218.0M | $-1.2B | ||
| Q2 24 | $236.1M | $-217.0M | ||
| Q1 24 | $404.0M | $359.0M |
自由现金流HRLKEY
| Q4 25 | $231.4M | $2.1B | ||
| Q3 25 | $84.5M | $367.0M | ||
| Q2 25 | $-18.6M | $1.2B | ||
| Q1 25 | $237.0M | $-150.0M | ||
| Q4 24 | $324.8M | $599.0M | ||
| Q3 24 | $152.5M | $-1.2B | ||
| Q2 24 | $176.2M | $-230.0M | ||
| Q1 24 | $356.8M | $347.0M |
自由现金流率HRLKEY
| Q4 25 | 7.3% | 104.8% | ||
| Q3 25 | 2.8% | 19.4% | ||
| Q2 25 | -0.6% | 65.8% | ||
| Q1 25 | 7.9% | -8.5% | ||
| Q4 24 | 10.4% | 69.2% | ||
| Q3 24 | 5.3% | -175.8% | ||
| Q2 24 | 6.1% | -15.1% | ||
| Q1 24 | 11.9% | 22.6% |
资本支出强度HRLKEY
| Q4 25 | 2.9% | 5.3% | ||
| Q3 25 | 2.4% | 1.5% | ||
| Q2 25 | 2.6% | 1.3% | ||
| Q1 25 | 2.4% | 0.6% | ||
| Q4 24 | 2.7% | 7.5% | ||
| Q3 24 | 2.3% | 2.4% | ||
| Q2 24 | 2.1% | 0.9% | ||
| Q1 24 | 1.6% | 0.8% |
现金转化率HRLKEY
| Q4 25 | — | 4.33× | ||
| Q3 25 | 0.85× | 0.81× | ||
| Q2 25 | 0.31× | 2.90× | ||
| Q1 25 | 1.81× | -0.35× | ||
| Q4 24 | 1.86× | — | ||
| Q3 24 | 1.23× | — | ||
| Q2 24 | 1.25× | -0.79× | ||
| Q1 24 | 1.85× | 1.64× |
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% |
KEY
暂无分部数据
