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JBT Marel Corp（JBTM）与KADANT INC（KAI）财务数据对比。点击上方公司名可切换其他公司
JBT Marel Corp的季度营收约是KADANT INC的3.7倍（$1.0B vs $271.6M）。KADANT INC净利率更高（10.2% vs 5.3%，领先4.9%）。JBT Marel Corp同比增速更快（115.6% vs -0.0%）。JBT Marel Corp自由现金流更多（$83.5M vs $44.1M）。过去两年JBT Marel Corp的营收复合增速更高（60.3% vs 6.7%）
JBT Marel Corp（原称JBT公司、约翰宾技术公司）是主营食品加工机械及自动化车辆的企业，2008年由FMC技术公司拆分非能源业务独立注册成立，总部位于美国伊利诺伊州芝加哥，发展历史可追溯至1884年加州洛斯加托斯果园主约翰·宾创办的企业。
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。
JBTM vs KAI — 直观对比
营收规模更大
JBTM
是对方的3.7倍
$271.6M
营收增速更快
JBTM
高出115.6%
-0.0%
净利率更高
KAI
高出4.9%
5.3%
自由现金流更多
JBTM
多$39.4M
$44.1M
两年增速更快
JBTM
近两年复合增速
6.7%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $271.6M |
| 净利润 | $53.1M | $27.7M |
| 毛利率 | 34.5% | 45.2% |
| 营业利润率 | 7.2% | 15.7% |
| 净利率 | 5.3% | 10.2% |
| 营收同比 | 115.6% | -0.0% |
| 净利润同比 | 858.6% | -12.2% |
| 每股收益（稀释后） | $1.04 | $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JBTMKAI
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.0B | $271.6M | ||
| Q2 25 | $934.8M | $255.3M | ||
| Q1 25 | $854.1M | $239.2M | ||
| Q4 24 | $467.6M | $258.0M | ||
| Q3 24 | $453.8M | $271.6M | ||
| Q2 24 | $402.3M | $274.8M | ||
| Q1 24 | $392.3M | $249.0M |
净利润JBTMKAI
| Q4 25 | $53.1M | — | ||
| Q3 25 | $66.0M | $27.7M | ||
| Q2 25 | $3.4M | $26.2M | ||
| Q1 25 | $-173.0M | $24.1M | ||
| Q4 24 | $-7.0M | $24.0M | ||
| Q3 24 | $38.9M | $31.6M | ||
| Q2 24 | $30.7M | $31.3M | ||
| Q1 24 | $22.8M | $24.7M |
毛利率JBTMKAI
| Q4 25 | 34.5% | — | ||
| Q3 25 | 35.9% | 45.2% | ||
| Q2 25 | 35.8% | 45.9% | ||
| Q1 25 | 34.2% | 46.1% | ||
| Q4 24 | 38.4% | 43.4% | ||
| Q3 24 | 36.1% | 44.7% | ||
| Q2 24 | 35.6% | 44.4% | ||
| Q1 24 | 35.8% | 44.6% |
营业利润率JBTMKAI
| Q4 25 | 7.2% | — | ||
| Q3 25 | 10.2% | 15.7% | ||
| Q2 25 | 5.2% | 15.4% | ||
| Q1 25 | -3.9% | 14.9% | ||
| Q4 24 | 3.4% | 14.3% | ||
| Q3 24 | 10.3% | 18.0% | ||
| Q2 24 | 6.7% | 17.6% | ||
| Q1 24 | 7.4% | 14.8% |
净利率JBTMKAI
| Q4 25 | 5.3% | — | ||
| Q3 25 | 6.6% | 10.2% | ||
| Q2 25 | 0.4% | 10.2% | ||
| Q1 25 | -20.3% | 10.1% | ||
| Q4 24 | -1.5% | 9.3% | ||
| Q3 24 | 8.6% | 11.6% | ||
| Q2 24 | 7.6% | 11.4% | ||
| Q1 24 | 5.8% | 9.9% |
每股收益（稀释后）JBTMKAI
| Q4 25 | $1.04 | — | ||
| Q3 25 | $1.26 | $2.35 | ||
| Q2 25 | $0.07 | $2.22 | ||
| Q1 25 | $-3.35 | $2.04 | ||
| Q4 24 | $-0.22 | $2.04 | ||
| Q3 24 | $1.21 | $2.68 | ||
| Q2 24 | $0.95 | $2.66 | ||
| Q1 24 | $0.71 | $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 | $167.9M | $124.5M |
| 总债务越低越好 | $1.5B | $254.6M |
| 股东权益账面价值 | $4.5B | $949.8M |
| 总资产 | $8.2B | $1.5B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资JBTMKAI
| Q4 25 | $167.9M | — | ||
| Q3 25 | — | $124.5M | ||
| Q2 25 | — | $95.3M | ||
| Q1 25 | — | $91.7M | ||
| Q4 24 | $1.2B | $94.7M | ||
| Q3 24 | — | $88.4M | ||
| Q2 24 | — | $73.8M | ||
| Q1 24 | — | $81.4M |
总债务JBTMKAI
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | $254.6M | ||
| Q2 25 | $1.5B | $245.7M | ||
| Q1 25 | $2.0B | $273.5M | ||
| Q4 24 | $1.3B | $285.2M | ||
| Q3 24 | $648.3M | $323.2M | ||
| Q2 24 | $647.7M | $342.0M | ||
| Q1 24 | $647.0M | $306.8M |
股东权益JBTMKAI
| Q4 25 | $4.5B | — | ||
| Q3 25 | $4.4B | $949.8M | ||
| Q2 25 | $4.4B | $926.0M | ||
| Q1 25 | $4.1B | $876.0M | ||
| Q4 24 | $1.5B | $847.1M | ||
| Q3 24 | $1.6B | $851.7M | ||
| Q2 24 | $1.5B | $807.7M | ||
| Q1 24 | $1.5B | $782.7M |
总资产JBTMKAI
| Q4 25 | $8.2B | — | ||
| Q3 25 | $8.2B | $1.5B | ||
| Q2 25 | $8.3B | $1.5B | ||
| Q1 25 | $8.0B | $1.4B | ||
| Q4 24 | $3.4B | $1.4B | ||
| Q3 24 | $2.8B | $1.5B | ||
| Q2 24 | $2.7B | $1.5B | ||
| Q1 24 | $2.7B | $1.4B |
负债/权益比JBTMKAI
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.34× | 0.27× | ||
| Q2 25 | 0.35× | 0.27× | ||
| Q1 25 | 0.48× | 0.31× | ||
| Q4 24 | 0.81× | 0.34× | ||
| Q3 24 | 0.41× | 0.38× | ||
| Q2 24 | 0.43× | 0.42× | ||
| Q1 24 | 0.43× | 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 | $117.4M | $47.3M |
| 自由现金流经营现金流 - 资本支出 | $83.5M | $44.1M |
| 自由现金流率自由现金流/营收 | 8.3% | 16.2% |
| 资本支出强度资本支出/营收 | 3.4% | 1.2% |
| 现金转化率经营现金流/净利润 | 2.21× | 1.70× |
| 过去12个月自由现金流最近4个季度 | $238.1M | $145.9M |
8季度趋势，按日历期对齐
经营现金流JBTMKAI
| Q4 25 | $117.4M | — | ||
| Q3 25 | $87.7M | $47.3M | ||
| Q2 25 | $102.2M | $40.5M | ||
| Q1 25 | $34.4M | $22.8M | ||
| Q4 24 | $128.7M | $51.9M | ||
| Q3 24 | $71.9M | $52.5M | ||
| Q2 24 | $21.6M | $28.1M | ||
| Q1 24 | $10.4M | $22.8M |
自由现金流JBTMKAI
| Q4 25 | $83.5M | — | ||
| Q3 25 | $56.5M | $44.1M | ||
| Q2 25 | $83.7M | $36.5M | ||
| Q1 25 | $14.4M | $19.0M | ||
| Q4 24 | $118.7M | $46.3M | ||
| Q3 24 | $65.0M | $48.3M | ||
| Q2 24 | $11.1M | $23.1M | ||
| Q1 24 | $-100.0K | $16.6M |
自由现金流率JBTMKAI
| Q4 25 | 8.3% | — | ||
| Q3 25 | 5.6% | 16.2% | ||
| Q2 25 | 9.0% | 14.3% | ||
| Q1 25 | 1.7% | 7.9% | ||
| Q4 24 | 25.4% | 17.9% | ||
| Q3 24 | 14.3% | 17.8% | ||
| Q2 24 | 2.8% | 8.4% | ||
| Q1 24 | -0.0% | 6.7% |
资本支出强度JBTMKAI
| Q4 25 | 3.4% | — | ||
| Q3 25 | 3.1% | 1.2% | ||
| Q2 25 | 2.0% | 1.6% | ||
| Q1 25 | 2.3% | 1.6% | ||
| Q4 24 | 2.1% | 2.2% | ||
| Q3 24 | 1.5% | 1.5% | ||
| Q2 24 | 2.6% | 1.8% | ||
| Q1 24 | 2.7% | 2.5% |
现金转化率JBTMKAI
| Q4 25 | 2.21× | — | ||
| Q3 25 | 1.33× | 1.70× | ||
| Q2 25 | 30.06× | 1.55× | ||
| Q1 25 | — | 0.95× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | 1.85× | 1.66× | ||
| Q2 24 | 0.70× | 0.90× | ||
| Q1 24 | 0.46× | 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
JBTM
暂无分部数据
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% |
