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荷美尔食品（HRL）与Rocket Companies, Inc.（RKT）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Rocket Companies, Inc.的1.2倍（$3.2B vs $2.7B），Rocket Companies, Inc.净利率更高（2.5% vs -1.8%，领先4.3%），Rocket Companies, Inc.同比增速更快（52.2% vs 1.5%），荷美尔食品自由现金流更多（$231.4M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% 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。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
HRL vs RKT — 直观对比
营收规模更大
HRL
是对方的1.2倍
$2.7B
营收增速更快
RKT
高出50.6%
1.5%
净利率更高
RKT
高出4.3%
-1.8%
自由现金流更多
HRL
多$1.5B
$-1.3B
两年增速更快
RKT
近两年复合增速
3.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $2.7B |
| 净利润 | $-56.1M | $68.0M |
| 毛利率 | 14.0% | — |
| 营业利润率 | 0.1% | 6.3% |
| 净利率 | -1.8% | 2.5% |
| 营收同比 | 1.5% | 52.2% |
| 净利润同比 | -125.5% | 100.8% |
| 每股收益（稀释后） | $-0.10 | $0.10 |
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HRLRKT
| Q4 25 | $3.2B | $2.7B | ||
| Q3 25 | $3.0B | $1.6B | ||
| Q2 25 | $2.9B | $1.4B | ||
| Q1 25 | $3.0B | $1.0B | ||
| Q4 24 | $3.1B | $1.8B | ||
| Q3 24 | $2.9B | $646.9M | ||
| Q2 24 | $2.9B | $1.3B | ||
| Q1 24 | $3.0B | $1.4B |
净利润HRLRKT
| Q4 25 | $-56.1M | $68.0M | ||
| Q3 25 | $183.7M | $-123.9M | ||
| Q2 25 | $180.0M | $-1.8M | ||
| Q1 25 | $170.6M | $-10.4M | ||
| Q4 24 | $220.2M | $33.9M | ||
| Q3 24 | $176.7M | $-22.0M | ||
| Q2 24 | $189.3M | $1.3M | ||
| Q1 24 | $218.9M | $16.2M |
毛利率HRLRKT
| Q4 25 | 14.0% | — | ||
| Q3 25 | 16.1% | — | ||
| Q2 25 | 16.7% | — | ||
| Q1 25 | 15.9% | — | ||
| Q4 24 | 16.6% | 58.9% | ||
| Q3 24 | 16.8% | -8.4% | ||
| Q2 24 | 17.4% | 47.4% | ||
| Q1 24 | 17.0% | 51.2% |
营业利润率HRLRKT
| Q4 25 | 0.1% | 6.3% | ||
| Q3 25 | 7.9% | -11.5% | ||
| Q2 25 | 8.6% | 1.8% | ||
| Q1 25 | 7.6% | -21.5% | ||
| Q4 24 | 9.4% | 38.1% | ||
| Q3 24 | 8.2% | -76.9% | ||
| Q2 24 | 8.7% | 14.8% | ||
| Q1 24 | 9.5% | 21.6% |
净利率HRLRKT
| Q4 25 | -1.8% | 2.5% | ||
| Q3 25 | 6.1% | -7.7% | ||
| Q2 25 | 6.2% | -0.1% | ||
| Q1 25 | 5.7% | -1.0% | ||
| Q4 24 | 7.0% | 1.9% | ||
| Q3 24 | 6.1% | -3.4% | ||
| Q2 24 | 6.6% | 0.1% | ||
| Q1 24 | 7.3% | 1.2% |
每股收益（稀释后）HRLRKT
| Q4 25 | $-0.10 | $0.10 | ||
| Q3 25 | $0.33 | $-0.06 | ||
| Q2 25 | $0.33 | $-0.01 | ||
| Q1 25 | $0.31 | $-0.08 | ||
| Q4 24 | $0.41 | $0.28 | ||
| Q3 24 | $0.32 | $-0.19 | ||
| Q2 24 | $0.34 | $0.01 | ||
| Q1 24 | $0.40 | $0.11 |
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 | $2.7B |
| 总债务越低越好 | $2.9B | — |
| 股东权益账面价值 | $7.9B | $22.9B |
| 总资产 | $13.4B | $60.7B |
| 负债/权益比越低杠杆越低 | 0.36× | — |
8季度趋势，按日历期对齐
现金及短期投资HRLRKT
| Q4 25 | $703.6M | $2.7B | ||
| Q3 25 | $630.7M | $5.8B | ||
| Q2 25 | $699.0M | $5.1B | ||
| Q1 25 | $866.4M | $1.4B | ||
| Q4 24 | $766.6M | $1.3B | ||
| Q3 24 | $561.9M | $1.2B | ||
| Q2 24 | $1.5B | $1.3B | ||
| Q1 24 | $981.9M | $861.4M |
总债务HRLRKT
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $2.9B | — | ||
| Q1 25 | $2.9B | — | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.9B | — | ||
| Q1 24 | $2.4B | — |
股东权益HRLRKT
| Q4 25 | $7.9B | $22.9B | ||
| Q3 25 | $8.1B | $8.9B | ||
| Q2 25 | $8.0B | $7.4B | ||
| Q1 25 | $8.0B | $8.6B | ||
| Q4 24 | $8.0B | $9.0B | ||
| Q3 24 | $7.9B | $8.4B | ||
| Q2 24 | $7.9B | $8.8B | ||
| Q1 24 | $7.8B | $8.6B |
总资产HRLRKT
| Q4 25 | $13.4B | $60.7B | ||
| Q3 25 | $13.5B | $33.6B | ||
| Q2 25 | $13.4B | $30.4B | ||
| Q1 25 | $13.4B | $25.3B | ||
| Q4 24 | $13.4B | $24.5B | ||
| Q3 24 | $13.1B | $25.1B | ||
| Q2 24 | $14.1B | $23.6B | ||
| Q1 24 | $13.5B | $22.2B |
负债/权益比HRLRKT
| Q4 25 | 0.36× | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.36× | — | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 0.36× | — | ||
| Q2 24 | 0.36× | — | ||
| Q1 24 | 0.30× | — |
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 | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $231.4M | $-1.3B |
| 自由现金流率自由现金流/营收 | 7.3% | -47.2% |
| 资本支出强度资本支出/营收 | 2.9% | 1.5% |
| 现金转化率经营现金流/净利润 | — | -18.08× |
| 过去12个月自由现金流最近4个季度 | $534.3M | $-4.0B |
8季度趋势，按日历期对齐
经营现金流HRLRKT
| Q4 25 | $322.9M | $-1.2B | ||
| Q3 25 | $156.7M | $-50.3M | ||
| Q2 25 | $56.4M | $-1.9B | ||
| Q1 25 | $309.2M | $-797.0M | ||
| Q4 24 | $408.6M | $1.8B | ||
| Q3 24 | $218.0M | $-1.3B | ||
| Q2 24 | $236.1M | $-122.3M | ||
| Q1 24 | $404.0M | $-3.0B |
自由现金流HRLRKT
| Q4 25 | $231.4M | $-1.3B | ||
| Q3 25 | $84.5M | $-71.8M | ||
| Q2 25 | $-18.6M | $-1.9B | ||
| Q1 25 | $237.0M | $-811.0M | ||
| Q4 24 | $324.8M | $1.8B | ||
| Q3 24 | $152.5M | $-1.4B | ||
| Q2 24 | $176.2M | $-138.3M | ||
| Q1 24 | $356.8M | $-3.0B |
自由现金流率HRLRKT
| Q4 25 | 7.3% | -47.2% | ||
| Q3 25 | 2.8% | -4.5% | ||
| Q2 25 | -0.6% | -137.2% | ||
| Q1 25 | 7.9% | -78.2% | ||
| Q4 24 | 10.4% | 103.1% | ||
| Q3 24 | 5.3% | -209.6% | ||
| Q2 24 | 6.1% | -10.6% | ||
| Q1 24 | 11.9% | -218.7% |
资本支出强度HRLRKT
| Q4 25 | 2.9% | 1.5% | ||
| Q3 25 | 2.4% | 1.3% | ||
| Q2 25 | 2.6% | 1.1% | ||
| Q1 25 | 2.4% | 1.4% | ||
| Q4 24 | 2.7% | 1.1% | ||
| Q3 24 | 2.3% | 2.9% | ||
| Q2 24 | 2.1% | 1.2% | ||
| Q1 24 | 1.6% | 1.0% |
现金转化率HRLRKT
| Q4 25 | — | -18.08× | ||
| Q3 25 | 0.85× | — | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | 1.81× | — | ||
| Q4 24 | 1.86× | 54.42× | ||
| Q3 24 | 1.23× | — | ||
| Q2 24 | 1.25× | -94.46× | ||
| Q1 24 | 1.85× | -185.80× |
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% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
