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J.B. Hunt（JBHT）与Keurig Dr Pepper（KDP）财务数据对比。点击上方公司名可切换其他公司
Keurig Dr Pepper的季度营收约是J.B. Hunt的1.3倍（$4.0B vs $3.1B），Keurig Dr Pepper净利率更高（6.8% vs 5.8%，领先0.9%），Keurig Dr Pepper同比增速更快（9.4% vs -1.6%），J.B. Hunt自由现金流更多（$251.3M vs $184.0M），过去两年J.B. Hunt的营收复合增速更高（2.6% vs 0.7%）
J.B.亨特运输服务公司是总部位于美国阿肯色州洛厄尔的运输物流企业，1961年8月10日由约翰尼·布莱恩·亨特与乔内尔·亨特在阿肯色州创立。截至1983年，公司已成为美国第80大卡车运输企业，营收达6.2347亿美元，当时运营550台牵引车、1049辆挂车，拥有约1050名员工。
Keurig Dr Pepper是美国上市的饮品与咖啡机综合企业，2018年由克里格绿山和胡椒博士斯奈普集团合并成立，在马萨诸塞州伯灵顿及得克萨斯州弗里斯科设有双总部，旗下拥有超125款冷热饮品，加拿大区域业务由当地子公司负责运营。
JBHT vs KDP — 直观对比
营收规模更大
KDP
是对方的1.3倍
$3.1B
营收增速更快
KDP
高出11.0%
-1.6%
净利率更高
KDP
高出0.9%
5.8%
自由现金流更多
JBHT
多$67.3M
$184.0M
两年增速更快
JBHT
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $4.0B |
| 净利润 | $181.1M | $270.0M |
| 毛利率 | — | 52.8% |
| 营业利润率 | 8.0% | 19.0% |
| 净利率 | 5.8% | 6.8% |
| 营收同比 | -1.6% | 9.4% |
| 净利润同比 | 16.5% | -47.8% |
| 每股收益（稀释后） | $1.88 | $0.20 |
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JBHTKDP
| Q1 26 | — | $4.0B | ||
| Q4 25 | $3.1B | $4.5B | ||
| Q3 25 | $3.1B | $4.3B | ||
| Q2 25 | $2.9B | $4.2B | ||
| Q1 25 | $2.9B | $3.6B | ||
| Q4 24 | $3.1B | $4.1B | ||
| Q3 24 | $3.1B | $3.9B | ||
| Q2 24 | $2.9B | $3.9B |
净利润JBHTKDP
| Q1 26 | — | $270.0M | ||
| Q4 25 | $181.1M | $353.0M | ||
| Q3 25 | $170.8M | $662.0M | ||
| Q2 25 | $128.6M | $547.0M | ||
| Q1 25 | $117.7M | $517.0M | ||
| Q4 24 | $155.5M | $-144.0M | ||
| Q3 24 | $152.1M | $616.0M | ||
| Q2 24 | $135.9M | $515.0M |
毛利率JBHTKDP
| Q1 26 | — | 52.8% | ||
| Q4 25 | — | 53.8% | ||
| Q3 25 | — | 54.3% | ||
| Q2 25 | — | 54.2% | ||
| Q1 25 | — | 54.6% | ||
| Q4 24 | — | 55.9% | ||
| Q3 24 | — | 55.0% | ||
| Q2 24 | — | 55.4% |
营业利润率JBHTKDP
| Q1 26 | — | 19.0% | ||
| Q4 25 | 8.0% | 19.6% | ||
| Q3 25 | 7.9% | 23.1% | ||
| Q2 25 | 6.7% | 21.6% | ||
| Q1 25 | 6.1% | 22.0% | ||
| Q4 24 | 6.6% | 1.5% | ||
| Q3 24 | 7.3% | 23.2% | ||
| Q2 24 | 7.0% | 22.0% |
净利率JBHTKDP
| Q1 26 | — | 6.8% | ||
| Q4 25 | 5.8% | 7.8% | ||
| Q3 25 | 5.6% | 15.4% | ||
| Q2 25 | 4.4% | 13.1% | ||
| Q1 25 | 4.0% | 14.2% | ||
| Q4 24 | 4.9% | -3.5% | ||
| Q3 24 | 5.0% | 15.8% | ||
| Q2 24 | 4.6% | 13.1% |
每股收益（稀释后）JBHTKDP
| Q1 26 | — | $0.20 | ||
| Q4 25 | $1.88 | $0.26 | ||
| Q3 25 | $1.76 | $0.49 | ||
| Q2 25 | $1.31 | $0.40 | ||
| Q1 25 | $1.17 | $0.38 | ||
| Q4 24 | $1.53 | $-0.11 | ||
| Q3 24 | $1.49 | $0.45 | ||
| Q2 24 | $1.32 | $0.38 |
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 | $17.3M | $898.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.6B | $25.3B |
| 总资产 | $7.9B | $73.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资JBHTKDP
| Q1 26 | — | $898.0M | ||
| Q4 25 | $17.3M | $1.0B | ||
| Q3 25 | $52.3M | $516.0M | ||
| Q2 25 | $50.9M | $509.0M | ||
| Q1 25 | $43.4M | $653.0M | ||
| Q4 24 | $47.0M | $510.0M | ||
| Q3 24 | $120.0M | $552.0M | ||
| Q2 24 | $53.5M | $438.0M |
总债务JBHTKDP
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $977.7M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.5B | — |
股东权益JBHTKDP
| Q1 26 | — | $25.3B | ||
| Q4 25 | $3.6B | $25.5B | ||
| Q3 25 | $3.6B | $25.3B | ||
| Q2 25 | $3.7B | $25.0B | ||
| Q1 25 | $3.9B | $24.4B | ||
| Q4 24 | $4.0B | $24.2B | ||
| Q3 24 | $4.0B | $25.0B | ||
| Q2 24 | $4.1B | $24.7B |
总资产JBHTKDP
| Q1 26 | — | $73.1B | ||
| Q4 25 | $7.9B | $55.5B | ||
| Q3 25 | $8.1B | $54.6B | ||
| Q2 25 | $8.2B | $54.4B | ||
| Q1 25 | $8.3B | $53.7B | ||
| Q4 24 | $8.3B | $53.4B | ||
| Q3 24 | $8.3B | $52.7B | ||
| Q2 24 | $8.4B | $52.3B |
负债/权益比JBHTKDP
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.24× | — | ||
| Q3 24 | 0.26× | — | ||
| Q2 24 | 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 | $385.6M | $281.0M |
| 自由现金流经营现金流 - 资本支出 | $251.3M | $184.0M |
| 自由现金流率自由现金流/营收 | 8.1% | 4.6% |
| 资本支出强度资本支出/营收 | 4.3% | — |
| 现金转化率经营现金流/净利润 | 2.13× | 1.04× |
| 过去12个月自由现金流最近4个季度 | $947.6M | $1.6B |
8季度趋势，按日历期对齐
经营现金流JBHTKDP
| Q1 26 | — | $281.0M | ||
| Q4 25 | $385.6M | $712.0M | ||
| Q3 25 | $486.4M | $639.0M | ||
| Q2 25 | $402.1M | $431.0M | ||
| Q1 25 | $404.2M | $209.0M | ||
| Q4 24 | $317.6M | $849.0M | ||
| Q3 24 | $338.5M | $628.0M | ||
| Q2 24 | $360.6M | $657.0M |
自由现金流JBHTKDP
| Q1 26 | — | $184.0M | ||
| Q4 25 | $251.3M | $564.0M | ||
| Q3 25 | $352.4M | $527.0M | ||
| Q2 25 | $185.6M | $325.0M | ||
| Q1 25 | $158.4M | $89.0M | ||
| Q4 24 | $93.3M | $684.0M | ||
| Q3 24 | $163.1M | $503.0M | ||
| Q2 24 | $98.2M | $542.0M |
自由现金流率JBHTKDP
| Q1 26 | — | 4.6% | ||
| Q4 25 | 8.1% | 12.5% | ||
| Q3 25 | 11.5% | 12.2% | ||
| Q2 25 | 6.3% | 7.8% | ||
| Q1 25 | 5.4% | 2.4% | ||
| Q4 24 | 3.0% | 16.8% | ||
| Q3 24 | 5.3% | 12.9% | ||
| Q2 24 | 3.4% | 13.8% |
资本支出强度JBHTKDP
| Q1 26 | — | — | ||
| Q4 25 | 4.3% | 3.3% | ||
| Q3 25 | 4.4% | 2.6% | ||
| Q2 25 | 7.4% | 2.5% | ||
| Q1 25 | 8.4% | 3.3% | ||
| Q4 24 | 7.1% | 4.1% | ||
| Q3 24 | 5.7% | 3.2% | ||
| Q2 24 | 9.0% | 2.9% |
现金转化率JBHTKDP
| Q1 26 | — | 1.04× | ||
| Q4 25 | 2.13× | 2.02× | ||
| Q3 25 | 2.85× | 0.97× | ||
| Q2 25 | 3.13× | 0.79× | ||
| Q1 25 | 3.43× | 0.40× | ||
| Q4 24 | 2.04× | — | ||
| Q3 24 | 2.23× | 1.02× | ||
| Q2 24 | 2.65× | 1.28× |
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
JBHT
| JBI | $1.5B | 50% |
| DCS | $842.8M | 27% |
| ICS | $304.5M | 10% |
| FMS | $206.3M | 7% |
| JBT | $200.7M | 6% |
KDP
| U.S. Refreshment Beverages | $2.6B | 65% |
| U.S. Coffee | $877.0M | 22% |
| International | $435.0M | 11% |
