vs
INTERPARFUMS INC（IPAR）与KADANT INC（KAI）财务数据对比。点击上方公司名可切换其他公司
INTERPARFUMS INC的季度营收约是KADANT INC的1.4倍（$386.2M vs $271.6M），KADANT INC净利率更高（10.2% vs 7.3%，领先2.9%），INTERPARFUMS INC同比增速更快（6.8% vs -0.0%），INTERPARFUMS INC自由现金流更多（$145.0M vs $44.1M），过去两年INTERPARFUMS INC的营收复合增速更高（9.2% vs 6.7%）
Inter Parfums Inc是全球知名的高端香水企业，开发、生产并销售多款授权香水、身体护理及相关美妆产品，与多家顶级奢侈时尚生活方式品牌合作推出联名香氛系列，产品覆盖全球主要市场，通过百货、美妆专营店及官方电商渠道触达消费者。
Kadant Inc.创立于1991年，最初是Thermo Electron的子公司，部分股权私有、部分公开交易，2001年完成完全分拆并启用现名。公司服务于造纸、废纸回收、木材加工、物料搬运等多个加工领域，是业务覆盖亚洲、欧洲、北美、南美的跨国企业。
IPAR vs KAI — 直观对比
营收规模更大
IPAR
是对方的1.4倍
$271.6M
营收增速更快
IPAR
高出6.8%
-0.0%
净利率更高
KAI
高出2.9%
7.3%
自由现金流更多
IPAR
多$100.9M
$44.1M
两年增速更快
IPAR
近两年复合增速
6.7%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.2M | $271.6M |
| 净利润 | $28.1M | $27.7M |
| 毛利率 | 61.5% | 45.2% |
| 营业利润率 | 7.1% | 15.7% |
| 净利率 | 7.3% | 10.2% |
| 营收同比 | 6.8% | -0.0% |
| 净利润同比 | 16.0% | -12.2% |
| 每股收益（稀释后） | $0.88 | $2.35 |
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IPARKAI
| Q4 25 | $386.2M | — | ||
| Q3 25 | $429.6M | $271.6M | ||
| Q2 25 | $333.9M | $255.3M | ||
| Q1 25 | $338.8M | $239.2M | ||
| Q4 24 | $361.5M | $258.0M | ||
| Q3 24 | $424.6M | $271.6M | ||
| Q2 24 | $342.2M | $274.8M | ||
| Q1 24 | $324.0M | $249.0M |
净利润IPARKAI
| Q4 25 | $28.1M | — | ||
| Q3 25 | $65.8M | $27.7M | ||
| Q2 25 | $32.0M | $26.2M | ||
| Q1 25 | $42.5M | $24.1M | ||
| Q4 24 | $24.2M | $24.0M | ||
| Q3 24 | $62.3M | $31.6M | ||
| Q2 24 | $36.8M | $31.3M | ||
| Q1 24 | $41.0M | $24.7M |
毛利率IPARKAI
| Q4 25 | 61.5% | — | ||
| Q3 25 | 63.5% | 45.2% | ||
| Q2 25 | 66.2% | 45.9% | ||
| Q1 25 | 63.7% | 46.1% | ||
| Q4 24 | 64.5% | 43.4% | ||
| Q3 24 | 63.9% | 44.7% | ||
| Q2 24 | 64.5% | 44.4% | ||
| Q1 24 | 62.5% | 44.6% |
营业利润率IPARKAI
| Q4 25 | 7.1% | — | ||
| Q3 25 | 25.3% | 15.7% | ||
| Q2 25 | 17.7% | 15.4% | ||
| Q1 25 | 22.2% | 14.9% | ||
| Q4 24 | 10.0% | 14.3% | ||
| Q3 24 | 25.0% | 18.0% | ||
| Q2 24 | 18.9% | 17.6% | ||
| Q1 24 | 21.0% | 14.8% |
净利率IPARKAI
| Q4 25 | 7.3% | — | ||
| Q3 25 | 15.3% | 10.2% | ||
| Q2 25 | 9.6% | 10.2% | ||
| Q1 25 | 12.5% | 10.1% | ||
| Q4 24 | 6.7% | 9.3% | ||
| Q3 24 | 14.7% | 11.6% | ||
| Q2 24 | 10.8% | 11.4% | ||
| Q1 24 | 12.7% | 9.9% |
每股收益（稀释后）IPARKAI
| Q4 25 | $0.88 | — | ||
| Q3 25 | $2.05 | $2.35 | ||
| Q2 25 | $0.99 | $2.22 | ||
| Q1 25 | $1.32 | $2.04 | ||
| Q4 24 | $0.78 | $2.04 | ||
| Q3 24 | $1.93 | $2.68 | ||
| Q2 24 | $1.14 | $2.66 | ||
| Q1 24 | $1.27 | $2.10 |
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 | $137.1M | $124.5M |
| 总债务越低越好 | $176.0M | $254.6M |
| 股东权益账面价值 | $880.7M | $949.8M |
| 总资产 | $1.6B | $1.5B |
| 负债/权益比越低杠杆越低 | 0.20× | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资IPARKAI
| Q4 25 | $137.1M | — | ||
| Q3 25 | $77.5M | $124.5M | ||
| Q2 25 | $53.9M | $95.3M | ||
| Q1 25 | $75.3M | $91.7M | ||
| Q4 24 | $109.3M | $94.7M | ||
| Q3 24 | $78.8M | $88.4M | ||
| Q2 24 | $37.7M | $73.8M | ||
| Q1 24 | $76.1M | $81.4M |
总债务IPARKAI
| Q4 25 | $176.0M | — | ||
| Q3 25 | — | $254.6M | ||
| Q2 25 | — | $245.7M | ||
| Q1 25 | — | $273.5M | ||
| Q4 24 | $157.3M | $285.2M | ||
| Q3 24 | — | $323.2M | ||
| Q2 24 | — | $342.0M | ||
| Q1 24 | — | $306.8M |
股东权益IPARKAI
| Q4 25 | $880.7M | — | ||
| Q3 25 | $870.9M | $949.8M | ||
| Q2 25 | $839.4M | $926.0M | ||
| Q1 25 | $788.6M | $876.0M | ||
| Q4 24 | $744.9M | $847.1M | ||
| Q3 24 | $778.5M | $851.7M | ||
| Q2 24 | $717.1M | $807.7M | ||
| Q1 24 | $708.1M | $782.7M |
总资产IPARKAI
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | $1.5B | ||
| Q2 25 | $1.6B | $1.5B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | $1.3B | $1.4B |
负债/权益比IPARKAI
| Q4 25 | 0.20× | — | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | 0.21× | 0.34× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.42× | ||
| Q1 24 | — | 0.39× |
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 | $146.5M | $47.3M |
| 自由现金流经营现金流 - 资本支出 | $145.0M | $44.1M |
| 自由现金流率自由现金流/营收 | 37.5% | 16.2% |
| 资本支出强度资本支出/营收 | 0.4% | 1.2% |
| 现金转化率经营现金流/净利润 | 5.21× | 1.70× |
| 过去12个月自由现金流最近4个季度 | $190.5M | $145.9M |
8季度趋势，按日历期对齐
经营现金流IPARKAI
| Q4 25 | $146.5M | — | ||
| Q3 25 | $63.9M | $47.3M | ||
| Q2 25 | $11.9M | $40.5M | ||
| Q1 25 | $-7.4M | $22.8M | ||
| Q4 24 | $138.0M | $51.9M | ||
| Q3 24 | $76.1M | $52.5M | ||
| Q2 24 | $25.5M | $28.1M | ||
| Q1 24 | $-52.0M | $22.8M |
自由现金流IPARKAI
| Q4 25 | $145.0M | — | ||
| Q3 25 | $57.6M | $44.1M | ||
| Q2 25 | $-3.3M | $36.5M | ||
| Q1 25 | $-8.8M | $19.0M | ||
| Q4 24 | $136.1M | $46.3M | ||
| Q3 24 | $75.4M | $48.3M | ||
| Q2 24 | $24.4M | $23.1M | ||
| Q1 24 | $-53.0M | $16.6M |
自由现金流率IPARKAI
| Q4 25 | 37.5% | — | ||
| Q3 25 | 13.4% | 16.2% | ||
| Q2 25 | -1.0% | 14.3% | ||
| Q1 25 | -2.6% | 7.9% | ||
| Q4 24 | 37.7% | 17.9% | ||
| Q3 24 | 17.8% | 17.8% | ||
| Q2 24 | 7.1% | 8.4% | ||
| Q1 24 | -16.4% | 6.7% |
资本支出强度IPARKAI
| Q4 25 | 0.4% | — | ||
| Q3 25 | 1.5% | 1.2% | ||
| Q2 25 | 4.5% | 1.6% | ||
| Q1 25 | 0.4% | 1.6% | ||
| Q4 24 | 0.5% | 2.2% | ||
| Q3 24 | 0.2% | 1.5% | ||
| Q2 24 | 0.3% | 1.8% | ||
| Q1 24 | 0.3% | 2.5% |
现金转化率IPARKAI
| Q4 25 | 5.21× | — | ||
| Q3 25 | 0.97× | 1.70× | ||
| Q2 25 | 0.37× | 1.55× | ||
| Q1 25 | -0.17× | 0.95× | ||
| Q4 24 | 5.69× | 2.16× | ||
| Q3 24 | 1.22× | 1.66× | ||
| Q2 24 | 0.69× | 0.90× | ||
| Q1 24 | -1.27× | 0.92× |
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
IPAR
| European Based Operations | $232.7M | 60% |
| United States Based Operations | $155.2M | 40% |
KAI
| Flow Control | $94.8M | 35% |
| Capital | $83.2M | 31% |
| Material Handling Systems | $70.3M | 26% |
| Transferred Over Time | $17.1M | 6% |
| Other | $6.1M | 2% |
