vs
J&J SNACK FOODS CORP（JJSF）与KADANT INC（KAI）财务数据对比。点击上方公司名可切换其他公司
J&J SNACK FOODS CORP的季度营收约是KADANT INC的1.3倍（$343.8M vs $271.6M），KADANT INC净利率更高（10.2% vs 0.3%，领先10.0%），KADANT INC同比增速更快（-0.0% vs -5.2%），KADANT INC自由现金流更多（$44.1M vs $17.0M），过去两年KADANT INC的营收复合增速更高（6.7% vs -2.2%）
强生休闲食品公司（J&J Snack Foods Corp.）是美国知名的品牌休闲食品与冷冻饮品生产商、营销商及分销商，总部位于新泽西州芒特劳雷尔，在全美44个州、墨西哥及加拿大设有超175个生产、仓储及配送设施，于纳斯达克全球精选市场上市，业务覆盖国内外市场。
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。
JJSF vs KAI — 直观对比
营收规模更大
JJSF
是对方的1.3倍
$271.6M
营收增速更快
KAI
高出5.2%
-5.2%
净利率更高
KAI
高出10.0%
0.3%
自由现金流更多
KAI
多$27.1M
$17.0M
两年增速更快
KAI
近两年复合增速
-2.2%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $343.8M | $271.6M |
| 净利润 | $883.0K | $27.7M |
| 毛利率 | 27.9% | 45.2% |
| 营业利润率 | 0.2% | 15.7% |
| 净利率 | 0.3% | 10.2% |
| 营收同比 | -5.2% | -0.0% |
| 净利润同比 | -82.8% | -12.2% |
| 每股收益（稀释后） | $0.05 | $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JJSFKAI
| Q4 25 | $343.8M | — | ||
| Q3 25 | $410.2M | $271.6M | ||
| Q2 25 | $454.3M | $255.3M | ||
| Q1 25 | $356.1M | $239.2M | ||
| Q4 24 | $362.6M | $258.0M | ||
| Q3 24 | $426.8M | $271.6M | ||
| Q2 24 | $440.0M | $274.8M | ||
| Q1 24 | $359.7M | $249.0M |
净利润JJSFKAI
| Q4 25 | $883.0K | — | ||
| Q3 25 | $11.4M | $27.7M | ||
| Q2 25 | $44.2M | $26.2M | ||
| Q1 25 | $4.8M | $24.1M | ||
| Q4 24 | $5.1M | $24.0M | ||
| Q3 24 | $29.6M | $31.6M | ||
| Q2 24 | $36.3M | $31.3M | ||
| Q1 24 | $13.3M | $24.7M |
毛利率JJSFKAI
| Q4 25 | 27.9% | — | ||
| Q3 25 | 31.7% | 45.2% | ||
| Q2 25 | 33.0% | 45.9% | ||
| Q1 25 | 26.9% | 46.1% | ||
| Q4 24 | 25.9% | 43.4% | ||
| Q3 24 | 31.8% | 44.7% | ||
| Q2 24 | 33.6% | 44.4% | ||
| Q1 24 | 30.1% | 44.6% |
营业利润率JJSFKAI
| Q4 25 | 0.2% | — | ||
| Q3 25 | 2.8% | 15.7% | ||
| Q2 25 | 13.3% | 15.4% | ||
| Q1 25 | 1.7% | 14.9% | ||
| Q4 24 | 1.7% | 14.3% | ||
| Q3 24 | 9.3% | 18.0% | ||
| Q2 24 | 11.4% | 17.6% | ||
| Q1 24 | 5.0% | 14.8% |
净利率JJSFKAI
| Q4 25 | 0.3% | — | ||
| Q3 25 | 2.8% | 10.2% | ||
| Q2 25 | 9.7% | 10.2% | ||
| Q1 25 | 1.4% | 10.1% | ||
| Q4 24 | 1.4% | 9.3% | ||
| Q3 24 | 6.9% | 11.6% | ||
| Q2 24 | 8.3% | 11.4% | ||
| Q1 24 | 3.7% | 9.9% |
每股收益（稀释后）JJSFKAI
| Q4 25 | $0.05 | — | ||
| Q3 25 | $0.59 | $2.35 | ||
| Q2 25 | $2.26 | $2.22 | ||
| Q1 25 | $0.25 | $2.04 | ||
| Q4 24 | $0.26 | $2.04 | ||
| Q3 24 | $1.52 | $2.68 | ||
| Q2 24 | $1.87 | $2.66 | ||
| Q1 24 | $0.69 | $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 | $66.8M | $124.5M |
| 总债务越低越好 | — | $254.6M |
| 股东权益账面价值 | $912.9M | $949.8M |
| 总资产 | $1.3B | $1.5B |
| 负债/权益比越低杠杆越低 | — | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资JJSFKAI
| Q4 25 | $66.8M | — | ||
| Q3 25 | $105.9M | $124.5M | ||
| Q2 25 | $77.4M | $95.3M | ||
| Q1 25 | $48.5M | $91.7M | ||
| Q4 24 | $73.6M | $94.7M | ||
| Q3 24 | $73.4M | $88.4M | ||
| Q2 24 | $64.0M | $73.8M | ||
| Q1 24 | $43.6M | $81.4M |
总债务JJSFKAI
| Q4 25 | — | — | ||
| Q3 25 | — | $254.6M | ||
| Q2 25 | — | $245.7M | ||
| Q1 25 | — | $273.5M | ||
| Q4 24 | — | $285.2M | ||
| Q3 24 | — | $323.2M | ||
| Q2 24 | — | $342.0M | ||
| Q1 24 | — | $306.8M |
股东权益JJSFKAI
| Q4 25 | $912.9M | — | ||
| Q3 25 | $966.7M | $949.8M | ||
| Q2 25 | $969.9M | $926.0M | ||
| Q1 25 | $935.0M | $876.0M | ||
| Q4 24 | $946.8M | $847.1M | ||
| Q3 24 | $957.0M | $851.7M | ||
| Q2 24 | $937.9M | $807.7M | ||
| Q1 24 | $915.7M | $782.7M |
总资产JJSFKAI
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.4B | $1.5B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.4B | $1.5B | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | $1.3B | $1.4B |
负债/权益比JJSFKAI
| Q4 25 | — | — | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 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 | $36.0M | $47.3M |
| 自由现金流经营现金流 - 资本支出 | $17.0M | $44.1M |
| 自由现金流率自由现金流/营收 | 4.9% | 16.2% |
| 资本支出强度资本支出/营收 | 5.5% | 1.2% |
| 现金转化率经营现金流/净利润 | 40.73× | 1.70× |
| 过去12个月自由现金流最近4个季度 | $83.1M | $145.9M |
8季度趋势，按日历期对齐
经营现金流JJSFKAI
| Q4 25 | $36.0M | — | ||
| Q3 25 | $66.4M | $47.3M | ||
| Q2 25 | $51.2M | $40.5M | ||
| Q1 25 | $12.3M | $22.8M | ||
| Q4 24 | $35.2M | $51.9M | ||
| Q3 24 | $46.3M | $52.5M | ||
| Q2 24 | $65.0M | $28.1M | ||
| Q1 24 | $12.7M | $22.8M |
自由现金流JJSFKAI
| Q4 25 | $17.0M | — | ||
| Q3 25 | $44.8M | $44.1M | ||
| Q2 25 | $28.5M | $36.5M | ||
| Q1 25 | $-7.2M | $19.0M | ||
| Q4 24 | $16.1M | $46.3M | ||
| Q3 24 | $29.1M | $48.3M | ||
| Q2 24 | $45.3M | $23.1M | ||
| Q1 24 | $-4.0M | $16.6M |
自由现金流率JJSFKAI
| Q4 25 | 4.9% | — | ||
| Q3 25 | 10.9% | 16.2% | ||
| Q2 25 | 6.3% | 14.3% | ||
| Q1 25 | -2.0% | 7.9% | ||
| Q4 24 | 4.4% | 17.9% | ||
| Q3 24 | 6.8% | 17.8% | ||
| Q2 24 | 10.3% | 8.4% | ||
| Q1 24 | -1.1% | 6.7% |
资本支出强度JJSFKAI
| Q4 25 | 5.5% | — | ||
| Q3 25 | 5.3% | 1.2% | ||
| Q2 25 | 5.0% | 1.6% | ||
| Q1 25 | 5.5% | 1.6% | ||
| Q4 24 | 5.3% | 2.2% | ||
| Q3 24 | 4.0% | 1.5% | ||
| Q2 24 | 4.5% | 1.8% | ||
| Q1 24 | 4.6% | 2.5% |
现金转化率JJSFKAI
| Q4 25 | 40.73× | — | ||
| Q3 25 | 5.84× | 1.70× | ||
| Q2 25 | 1.16× | 1.55× | ||
| Q1 25 | 2.55× | 0.95× | ||
| Q4 24 | 6.84× | 2.16× | ||
| Q3 24 | 1.56× | 1.66× | ||
| Q2 24 | 1.79× | 0.90× | ||
| Q1 24 | 0.96× | 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
JJSF
| Food Service | $219.2M | 64% |
| Frozen Beverages | $78.7M | 23% |
| Repair And Maintenance Service | $22.5M | 7% |
| Other | $12.7M | 4% |
| Machine Sales | $10.7M | 3% |
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% |
