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Kellanova（K）与Regions Financial Corporation（RF）财务数据对比。点击上方公司名可切换其他公司
Kellanova的季度营收约是Regions Financial Corporation的1.7倍（$3.3B vs $1.9B），Regions Financial Corporation净利率更高（29.8% vs 9.5%，领先20.4%），Regions Financial Corporation同比增速更快（5.0% vs 0.8%），过去两年Regions Financial Corporation的营收复合增速更高（25.7% vs -9.0%）
Kellanova前身为知名食品企业家乐氏，是玛氏集团旗下的美国跨国食品制造公司，总部位于美国伊利诺伊州芝加哥。2023年10月2日公司正式启用现名，同步拆分北美谷物业务，独立成立WK Kellogg Co。
Regions Financial Corporation是美国银行控股企业，总部位于阿拉巴马州伯明翰市。公司提供零售及商业银行、信托、股票经纪、抵押贷款等服务，旗下银行业务子公司Regions Bank在美国南部和中西部15个州运营约1300家营业网点和2000台自动柜员机，服务大量当地个人及企业客户。
K vs RF — 直观对比
营收规模更大
K
是对方的1.7倍
$1.9B
营收增速更快
RF
高出4.2%
0.8%
净利率更高
RF
高出20.4%
9.5%
两年增速更快
RF
近两年复合增速
-9.0%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $1.9B |
| 净利润 | $309.0M | $559.0M |
| 毛利率 | 33.3% | — |
| 营业利润率 | 13.9% | — |
| 净利率 | 9.5% | 29.8% |
| 营收同比 | 0.8% | 5.0% |
| 净利润同比 | -15.8% | — |
| 每股收益（稀释后） | $0.88 | $0.62 |
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KRF
| Q1 26 | — | $1.9B | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | $3.3B | $1.3B | ||
| Q2 25 | $3.2B | $1.3B | ||
| Q1 25 | $3.1B | $1.2B | ||
| Q4 24 | $3.1B | $1.2B | ||
| Q3 24 | $3.2B | $1.2B | ||
| Q2 24 | $3.2B | $1.2B |
净利润KRF
| Q1 26 | — | $559.0M | ||
| Q4 25 | — | $534.0M | ||
| Q3 25 | $309.0M | $569.0M | ||
| Q2 25 | $299.0M | $563.0M | ||
| Q1 25 | $304.0M | $490.0M | ||
| Q4 24 | $365.0M | $534.0M | ||
| Q3 24 | $367.0M | $490.0M | ||
| Q2 24 | $344.0M | $501.0M |
毛利率KRF
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 33.3% | — | ||
| Q2 25 | 34.0% | — | ||
| Q1 25 | 34.3% | — | ||
| Q4 24 | 37.7% | — | ||
| Q3 24 | 36.4% | — | ||
| Q2 24 | 36.4% | — |
营业利润率KRF
| Q1 26 | — | — | ||
| Q4 25 | — | 55.3% | ||
| Q3 25 | 13.9% | 56.3% | ||
| Q2 25 | 13.7% | 56.1% | ||
| Q1 25 | 13.9% | 52.0% | ||
| Q4 24 | 17.0% | 53.4% | ||
| Q3 24 | 14.1% | 49.9% | ||
| Q2 24 | 15.4% | 52.7% |
净利率KRF
| Q1 26 | — | 29.8% | ||
| Q4 25 | — | 41.7% | ||
| Q3 25 | 9.5% | 45.3% | ||
| Q2 25 | 9.3% | 44.7% | ||
| Q1 25 | 9.9% | 41.0% | ||
| Q4 24 | 11.7% | 43.4% | ||
| Q3 24 | 11.4% | 40.2% | ||
| Q2 24 | 10.8% | 42.2% |
每股收益（稀释后）KRF
| Q1 26 | — | $0.62 | ||
| Q4 25 | — | $0.59 | ||
| Q3 25 | $0.88 | $0.61 | ||
| Q2 25 | $0.85 | $0.59 | ||
| Q1 25 | $0.87 | $0.51 | ||
| Q4 24 | $1.05 | $0.55 | ||
| Q3 24 | $1.05 | $0.49 | ||
| Q2 24 | $1.00 | $0.52 |
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 | $240.0M | — |
| 总债务越低越好 | $4.3B | $6.3B |
| 股东权益账面价值 | $4.2B | $18.8B |
| 总资产 | $15.6B | $160.7B |
| 负债/权益比越低杠杆越低 | 1.02× | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资KRF
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $240.0M | — | ||
| Q2 25 | $354.0M | — | ||
| Q1 25 | $330.0M | — | ||
| Q4 24 | $694.0M | — | ||
| Q3 24 | $569.0M | — | ||
| Q2 24 | $272.0M | — |
总债务KRF
| Q1 26 | — | $6.3B | ||
| Q4 25 | — | $4.1B | ||
| Q3 25 | $4.3B | $4.8B | ||
| Q2 25 | $4.3B | $5.3B | ||
| Q1 25 | $5.0B | $6.0B | ||
| Q4 24 | $5.0B | $6.0B | ||
| Q3 24 | $5.1B | $6.0B | ||
| Q2 24 | $5.0B | $5.1B |
股东权益KRF
| Q1 26 | — | $18.8B | ||
| Q4 25 | — | $19.0B | ||
| Q3 25 | $4.2B | $19.0B | ||
| Q2 25 | $4.1B | $18.7B | ||
| Q1 25 | $3.9B | $18.5B | ||
| Q4 24 | $3.8B | $17.9B | ||
| Q3 24 | $3.6B | $18.7B | ||
| Q2 24 | $3.3B | $17.2B |
总资产KRF
| Q1 26 | — | $160.7B | ||
| Q4 25 | — | $158.8B | ||
| Q3 25 | $15.6B | $159.9B | ||
| Q2 25 | $15.9B | $159.2B | ||
| Q1 25 | $15.5B | $159.8B | ||
| Q4 24 | $15.6B | $157.3B | ||
| Q3 24 | $15.8B | $157.4B | ||
| Q2 24 | $15.3B | $154.1B |
负债/权益比KRF
| Q1 26 | — | 0.34× | ||
| Q4 25 | — | 0.22× | ||
| Q3 25 | 1.02× | 0.25× | ||
| Q2 25 | 1.05× | 0.28× | ||
| Q1 25 | 1.28× | 0.32× | ||
| Q4 24 | 1.32× | 0.34× | ||
| Q3 24 | 1.40× | 0.32× | ||
| Q2 24 | 1.51× | 0.30× |
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 | $503.0M | — |
| 自由现金流经营现金流 - 资本支出 | $359.0M | — |
| 自由现金流率自由现金流/营收 | 11.0% | — |
| 资本支出强度资本支出/营收 | 4.4% | — |
| 现金转化率经营现金流/净利润 | 1.63× | — |
| 过去12个月自由现金流最近4个季度 | $599.0M | — |
8季度趋势，按日历期对齐
经营现金流KRF
| Q1 26 | — | — | ||
| Q4 25 | — | $-319.0M | ||
| Q3 25 | $503.0M | $861.0M | ||
| Q2 25 | $169.0M | $573.0M | ||
| Q1 25 | $116.0M | $1.1B | ||
| Q4 24 | $467.0M | $-220.0M | ||
| Q3 24 | $553.0M | $1.3B | ||
| Q2 24 | $376.0M | $161.0M |
自由现金流KRF
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $359.0M | — | ||
| Q2 25 | $21.0M | — | ||
| Q1 25 | $-60.0M | — | ||
| Q4 24 | $279.0M | — | ||
| Q3 24 | $410.0M | — | ||
| Q2 24 | $234.0M | — |
自由现金流率KRF
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 11.0% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | -1.9% | — | ||
| Q4 24 | 8.9% | — | ||
| Q3 24 | 12.7% | — | ||
| Q2 24 | 7.3% | — |
资本支出强度KRF
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 4.4% | — | ||
| Q2 25 | 4.6% | — | ||
| Q1 25 | 5.7% | — | ||
| Q4 24 | 6.0% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 4.4% | — |
现金转化率KRF
| Q1 26 | — | — | ||
| Q4 25 | — | -0.60× | ||
| Q3 25 | 1.63× | 1.51× | ||
| Q2 25 | 0.57× | 1.02× | ||
| Q1 25 | 0.38× | 2.18× | ||
| Q4 24 | 1.28× | -0.41× | ||
| Q3 24 | 1.51× | 2.57× | ||
| Q2 24 | 1.09× | 0.32× |
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
K
| Retail Channel Snacks | $2.0B | 62% |
| Retail Channel Cereal | $678.0M | 21% |
| Noodlesand Other | $280.0M | 9% |
| Frozen And Specialty Channels | $275.0M | 8% |
RF
暂无分部数据
