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J.B. Hunt（JBHT）与Kenvue（KVUE）财务数据对比。点击上方公司名可切换其他公司
Kenvue的季度营收约是J.B. Hunt的1.2倍（$3.8B vs $3.1B），Kenvue净利率更高（8.7% vs 5.8%，领先2.9%），Kenvue同比增速更快（3.2% vs -1.6%），Kenvue自由现金流更多（$744.0M vs $251.3M），过去两年J.B. Hunt的营收复合增速更高（2.6% vs -1.5%）
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。
Kenvue是美国消费者健康企业，前身为强生集团消费者健康业务部门，旗下拥有邦迪、李施德林、露得清、泰诺、强生婴儿、仙特明等诸多知名消费健康品牌，总部现位于美国新泽西州萨米特。
JBHT vs KVUE — 直观对比
营收规模更大
KVUE
是对方的1.2倍
$3.1B
营收增速更快
KVUE
高出4.8%
-1.6%
净利率更高
KVUE
高出2.9%
5.8%
自由现金流更多
KVUE
多$492.7M
$251.3M
两年增速更快
JBHT
近两年复合增速
-1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $3.8B |
| 净利润 | $181.1M | $330.0M |
| 毛利率 | — | 56.5% |
| 营业利润率 | 8.0% | 14.2% |
| 净利率 | 5.8% | 8.7% |
| 营收同比 | -1.6% | 3.2% |
| 净利润同比 | 16.5% | 12.6% |
| 每股收益（稀释后） | $1.88 | $0.16 |
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JBHTKVUE
| Q4 25 | $3.1B | $3.8B | ||
| Q3 25 | $3.1B | $3.8B | ||
| Q2 25 | $2.9B | $3.8B | ||
| Q1 25 | $2.9B | $3.7B | ||
| Q4 24 | $3.1B | $3.7B | ||
| Q3 24 | $3.1B | $3.9B | ||
| Q2 24 | $2.9B | $4.0B | ||
| Q1 24 | $2.9B | $3.9B |
净利润JBHTKVUE
| Q4 25 | $181.1M | $330.0M | ||
| Q3 25 | $170.8M | $398.0M | ||
| Q2 25 | $128.6M | $420.0M | ||
| Q1 25 | $117.7M | $322.0M | ||
| Q4 24 | $155.5M | $293.0M | ||
| Q3 24 | $152.1M | $383.0M | ||
| Q2 24 | $135.9M | $58.0M | ||
| Q1 24 | $127.5M | $296.0M |
毛利率JBHTKVUE
| Q4 25 | — | 56.5% | ||
| Q3 25 | — | 59.1% | ||
| Q2 25 | — | 58.9% | ||
| Q1 25 | — | 58.0% | ||
| Q4 24 | — | 56.5% | ||
| Q3 24 | — | 58.5% | ||
| Q2 24 | — | 59.1% | ||
| Q1 24 | — | 57.6% |
营业利润率JBHTKVUE
| Q4 25 | 8.0% | 14.2% | ||
| Q3 25 | 7.9% | 16.7% | ||
| Q2 25 | 6.7% | 18.0% | ||
| Q1 25 | 6.1% | 14.9% | ||
| Q4 24 | 6.6% | 13.2% | ||
| Q3 24 | 7.3% | 16.8% | ||
| Q2 24 | 7.0% | 3.9% | ||
| Q1 24 | 6.6% | 14.1% |
净利率JBHTKVUE
| Q4 25 | 5.8% | 8.7% | ||
| Q3 25 | 5.6% | 10.6% | ||
| Q2 25 | 4.4% | 10.9% | ||
| Q1 25 | 4.0% | 8.6% | ||
| Q4 24 | 4.9% | 8.0% | ||
| Q3 24 | 5.0% | 9.8% | ||
| Q2 24 | 4.6% | 1.5% | ||
| Q1 24 | 4.3% | 7.6% |
每股收益（稀释后）JBHTKVUE
| Q4 25 | $1.88 | $0.16 | ||
| Q3 25 | $1.76 | $0.21 | ||
| Q2 25 | $1.31 | $0.22 | ||
| Q1 25 | $1.17 | $0.17 | ||
| Q4 24 | $1.53 | $0.16 | ||
| Q3 24 | $1.49 | $0.20 | ||
| Q2 24 | $1.32 | $0.03 | ||
| Q1 24 | $1.22 | $0.15 |
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 | $1.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.6B | $10.8B |
| 总资产 | $7.9B | $27.1B |
| 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JBHTKVUE
| Q4 25 | $17.3M | $1.1B | ||
| Q3 25 | $52.3M | $1.1B | ||
| Q2 25 | $50.9M | $1.1B | ||
| Q1 25 | $43.4M | $1.1B | ||
| Q4 24 | $47.0M | $1.1B | ||
| Q3 24 | $120.0M | $1.1B | ||
| Q2 24 | $53.5M | $1.0B | ||
| Q1 24 | $64.2M | $1.2B |
总债务JBHTKVUE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $977.7M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.4B | — |
股东权益JBHTKVUE
| Q4 25 | $3.6B | $10.8B | ||
| Q3 25 | $3.6B | $10.6B | ||
| Q2 25 | $3.7B | $10.7B | ||
| Q1 25 | $3.9B | $10.1B | ||
| Q4 24 | $4.0B | $9.7B | ||
| Q3 24 | $4.0B | $10.6B | ||
| Q2 24 | $4.1B | $10.2B | ||
| Q1 24 | $4.2B | $10.6B |
总资产JBHTKVUE
| Q4 25 | $7.9B | $27.1B | ||
| Q3 25 | $8.1B | $27.2B | ||
| Q2 25 | $8.2B | $27.1B | ||
| Q1 25 | $8.3B | $26.3B | ||
| Q4 24 | $8.3B | $25.6B | ||
| Q3 24 | $8.3B | $26.9B | ||
| Q2 24 | $8.4B | $26.4B | ||
| Q1 24 | $8.4B | $27.3B |
负债/权益比JBHTKVUE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.24× | — | ||
| Q3 24 | 0.26× | — | ||
| Q2 24 | 0.36× | — | ||
| Q1 24 | 0.33× | — |
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 | $854.0M |
| 自由现金流经营现金流 - 资本支出 | $251.3M | $744.0M |
| 自由现金流率自由现金流/营收 | 8.1% | 19.7% |
| 资本支出强度资本支出/营收 | 4.3% | 2.9% |
| 现金转化率经营现金流/净利润 | 2.13× | 2.59× |
| 过去12个月自由现金流最近4个季度 | $947.6M | $1.7B |
8季度趋势，按日历期对齐
经营现金流JBHTKVUE
| Q4 25 | $385.6M | $854.0M | ||
| Q3 25 | $486.4M | $294.0M | ||
| Q2 25 | $402.1M | $621.0M | ||
| Q1 25 | $404.2M | $428.0M | ||
| Q4 24 | $317.6M | $793.0M | ||
| Q3 24 | $338.5M | $249.0M | ||
| Q2 24 | $360.6M | $440.0M | ||
| Q1 24 | $466.5M | $287.0M |
自由现金流JBHTKVUE
| Q4 25 | $251.3M | $744.0M | ||
| Q3 25 | $352.4M | $196.0M | ||
| Q2 25 | $185.6M | $533.0M | ||
| Q1 25 | $158.4M | $249.0M | ||
| Q4 24 | $93.3M | $661.0M | ||
| Q3 24 | $163.1M | $190.0M | ||
| Q2 24 | $98.2M | $350.0M | ||
| Q1 24 | $263.1M | $134.0M |
自由现金流率JBHTKVUE
| Q4 25 | 8.1% | 19.7% | ||
| Q3 25 | 11.5% | 5.2% | ||
| Q2 25 | 6.3% | 13.9% | ||
| Q1 25 | 5.4% | 6.7% | ||
| Q4 24 | 3.0% | 18.1% | ||
| Q3 24 | 5.3% | 4.9% | ||
| Q2 24 | 3.4% | 8.8% | ||
| Q1 24 | 8.9% | 3.4% |
资本支出强度JBHTKVUE
| Q4 25 | 4.3% | 2.9% | ||
| Q3 25 | 4.4% | 2.6% | ||
| Q2 25 | 7.4% | 2.3% | ||
| Q1 25 | 8.4% | 4.8% | ||
| Q4 24 | 7.1% | 3.6% | ||
| Q3 24 | 5.7% | 1.5% | ||
| Q2 24 | 9.0% | 2.3% | ||
| Q1 24 | 6.9% | 3.9% |
现金转化率JBHTKVUE
| Q4 25 | 2.13× | 2.59× | ||
| Q3 25 | 2.85× | 0.74× | ||
| Q2 25 | 3.13× | 1.48× | ||
| Q1 25 | 3.43× | 1.33× | ||
| Q4 24 | 2.04× | 2.71× | ||
| Q3 24 | 2.23× | 0.65× | ||
| Q2 24 | 2.65× | 7.59× | ||
| Q1 24 | 3.66× | 0.97× |
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
JBHT
| JBI | $1.5B | 50% |
| DCS | $842.8M | 27% |
| ICS | $304.5M | 10% |
| FMS | $206.3M | 7% |
| JBT | $200.7M | 6% |
KVUE
| Self Care | $1.6B | 42% |
| Essential Health | $1.1B | 30% |
| Skin Health And Beauty | $1.0B | 28% |
