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荷美尔食品（HRL）与新闻集团（NWSA）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新闻集团的1.3倍（$3.2B vs $2.4B），新闻集团净利率更高（8.2% vs -1.8%，领先9.9%），新闻集团同比增速更快（5.5% vs 1.5%），荷美尔食品自由现金流更多（$231.4M vs $132.0M），过去两年荷美尔食品的营收复合增速更高（3.1% vs -1.3%）
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。
新闻集团是全球知名的媒体集团，旗下拥有报纸、出版、数字媒体等多项媒体业务，在全球传媒领域拥有广泛影响力，专注于为受众提供及时多元的时事资讯与内容服务。
HRL vs NWSA — 直观对比
营收规模更大
HRL
是对方的1.3倍
$2.4B
营收增速更快
NWSA
高出4.0%
1.5%
净利率更高
NWSA
高出9.9%
-1.8%
自由现金流更多
HRL
多$99.4M
$132.0M
两年增速更快
HRL
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $2.4B |
| 净利润 | $-56.1M | $193.0M |
| 毛利率 | 14.0% | — |
| 营业利润率 | 0.1% | — |
| 净利率 | -1.8% | 8.2% |
| 营收同比 | 1.5% | 5.5% |
| 净利润同比 | -125.5% | -10.2% |
| 每股收益（稀释后） | $-0.10 | $0.34 |
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HRLNWSA
| Q4 25 | $3.2B | $2.4B | ||
| Q3 25 | $3.0B | $2.1B | ||
| Q2 25 | $2.9B | $1.6B | ||
| Q1 25 | $3.0B | $2.0B | ||
| Q4 24 | $3.1B | $2.2B | ||
| Q3 24 | $2.9B | $2.6B | ||
| Q2 24 | $2.9B | $2.6B | ||
| Q1 24 | $3.0B | $2.4B |
净利润HRLNWSA
| Q4 25 | $-56.1M | $193.0M | ||
| Q3 25 | $183.7M | $112.0M | ||
| Q2 25 | $180.0M | $743.0M | ||
| Q1 25 | $170.6M | $103.0M | ||
| Q4 24 | $220.2M | $215.0M | ||
| Q3 24 | $176.7M | $119.0M | ||
| Q2 24 | $189.3M | $50.0M | ||
| Q1 24 | $218.9M | $30.0M |
毛利率HRLNWSA
| 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HRLNWSA
| Q4 25 | 0.1% | — | ||
| Q3 25 | 7.9% | — | ||
| Q2 25 | 8.6% | 8.5% | ||
| Q1 25 | 7.6% | 7.5% | ||
| Q4 24 | 9.4% | 19.2% | ||
| Q3 24 | 8.2% | 7.9% | ||
| Q2 24 | 8.7% | 4.3% | ||
| Q1 24 | 9.5% | 2.6% |
净利率HRLNWSA
| Q4 25 | -1.8% | 8.2% | ||
| Q3 25 | 6.1% | 5.2% | ||
| Q2 25 | 6.2% | 45.6% | ||
| Q1 25 | 5.7% | 5.1% | ||
| Q4 24 | 7.0% | 9.6% | ||
| Q3 24 | 6.1% | 4.6% | ||
| Q2 24 | 6.6% | 1.9% | ||
| Q1 24 | 7.3% | 1.2% |
每股收益（稀释后）HRLNWSA
| Q4 25 | $-0.10 | $0.34 | ||
| Q3 25 | $0.33 | $0.20 | ||
| Q2 25 | $0.33 | $1.30 | ||
| Q1 25 | $0.31 | $0.18 | ||
| Q4 24 | $0.41 | $0.38 | ||
| Q3 24 | $0.32 | $0.21 | ||
| Q2 24 | $0.34 | $0.09 | ||
| Q1 24 | $0.40 | $0.05 |
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 | $2.1B |
| 总债务越低越好 | $2.9B | $2.0B |
| 股东权益账面价值 | $7.9B | $8.8B |
| 总资产 | $13.4B | $15.5B |
| 负债/权益比越低杠杆越低 | 0.36× | 0.22× |
8季度趋势，按日历期对齐
现金及短期投资HRLNWSA
| Q4 25 | $703.6M | $2.1B | ||
| Q3 25 | $630.7M | $2.2B | ||
| Q2 25 | $699.0M | $2.4B | ||
| Q1 25 | $866.4M | $2.1B | ||
| Q4 24 | $766.6M | $1.8B | ||
| Q3 24 | $561.9M | $1.8B | ||
| Q2 24 | $1.5B | $2.0B | ||
| Q1 24 | $981.9M | $1.9B |
总债务HRLNWSA
| Q4 25 | $2.9B | $2.0B | ||
| Q3 25 | $2.9B | $2.0B | ||
| Q2 25 | $2.9B | $2.0B | ||
| Q1 25 | $2.9B | $2.0B | ||
| Q4 24 | $2.9B | $2.0B | ||
| Q3 24 | $2.9B | $2.9B | ||
| Q2 24 | $2.9B | $2.9B | ||
| Q1 24 | $2.4B | $2.9B |
股东权益HRLNWSA
| Q4 25 | $7.9B | $8.8B | ||
| Q3 25 | $8.1B | $8.7B | ||
| Q2 25 | $8.0B | $8.8B | ||
| Q1 25 | $8.0B | $8.2B | ||
| Q4 24 | $8.0B | $8.1B | ||
| Q3 24 | $7.9B | $8.3B | ||
| Q2 24 | $7.9B | $8.1B | ||
| Q1 24 | $7.8B | $8.1B |
总资产HRLNWSA
| Q4 25 | $13.4B | $15.5B | ||
| Q3 25 | $13.5B | $15.3B | ||
| Q2 25 | $13.4B | $15.5B | ||
| Q1 25 | $13.4B | $16.6B | ||
| Q4 24 | $13.4B | $16.2B | ||
| Q3 24 | $13.1B | $16.9B | ||
| Q2 24 | $14.1B | $16.7B | ||
| Q1 24 | $13.5B | $16.5B |
负债/权益比HRLNWSA
| Q4 25 | 0.36× | 0.22× | ||
| Q3 25 | 0.35× | 0.22× | ||
| Q2 25 | 0.35× | 0.22× | ||
| Q1 25 | 0.36× | 0.24× | ||
| Q4 24 | 0.36× | 0.24× | ||
| Q3 24 | 0.36× | 0.35× | ||
| Q2 24 | 0.36× | 0.36× | ||
| Q1 24 | 0.30× | 0.36× |
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 | $231.0M |
| 自由现金流经营现金流 - 资本支出 | $231.4M | $132.0M |
| 自由现金流率自由现金流/营收 | 7.3% | 5.6% |
| 资本支出强度资本支出/营收 | 2.9% | 4.2% |
| 现金转化率经营现金流/净利润 | — | 1.20× |
| 过去12个月自由现金流最近4个季度 | $534.3M | $586.0M |
8季度趋势，按日历期对齐
经营现金流HRLNWSA
| Q4 25 | $322.9M | $231.0M | ||
| Q3 25 | $156.7M | $85.0M | ||
| Q2 25 | $56.4M | $189.0M | ||
| Q1 25 | $309.2M | $511.0M | ||
| Q4 24 | $408.6M | $252.0M | ||
| Q3 24 | $218.0M | $64.0M | ||
| Q2 24 | $236.1M | $254.0M | ||
| Q1 24 | $404.0M | $539.0M |
自由现金流HRLNWSA
| Q4 25 | $231.4M | $132.0M | ||
| Q3 25 | $84.5M | $4.0M | ||
| Q2 25 | $-18.6M | $32.0M | ||
| Q1 25 | $237.0M | $418.0M | ||
| Q4 24 | $324.8M | $190.0M | ||
| Q3 24 | $152.5M | $-31.0M | ||
| Q2 24 | $176.2M | $111.0M | ||
| Q1 24 | $356.8M | $422.0M |
自由现金流率HRLNWSA
| Q4 25 | 7.3% | 5.6% | ||
| Q3 25 | 2.8% | 0.2% | ||
| Q2 25 | -0.6% | 2.0% | ||
| Q1 25 | 7.9% | 20.8% | ||
| Q4 24 | 10.4% | 8.5% | ||
| Q3 24 | 5.3% | -1.2% | ||
| Q2 24 | 6.1% | 4.3% | ||
| Q1 24 | 11.9% | 17.4% |
资本支出强度HRLNWSA
| Q4 25 | 2.9% | 4.2% | ||
| Q3 25 | 2.4% | 3.8% | ||
| Q2 25 | 2.6% | 9.6% | ||
| Q1 25 | 2.4% | 4.6% | ||
| Q4 24 | 2.7% | 2.8% | ||
| Q3 24 | 2.3% | 3.7% | ||
| Q2 24 | 2.1% | 5.5% | ||
| Q1 24 | 1.6% | 4.8% |
现金转化率HRLNWSA
| Q4 25 | — | 1.20× | ||
| Q3 25 | 0.85× | 0.76× | ||
| Q2 25 | 0.31× | 0.25× | ||
| Q1 25 | 1.81× | 4.96× | ||
| Q4 24 | 1.86× | 1.17× | ||
| Q3 24 | 1.23× | 0.54× | ||
| Q2 24 | 1.25× | 5.08× | ||
| Q1 24 | 1.85× | 17.97× |
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% |
NWSA
| Book Publishing Segment | $633.0M | 27% |
| Consumer | $607.0M | 26% |
| News And Information Services Segment | $570.0M | 24% |
| Real Estate | $401.0M | 17% |
| Other Product Or Service | $173.0M | 7% |
