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KADANT INC（KAI）与MONRO, INC.（MNRO）财务数据对比。点击上方公司名可切换其他公司
MONRO, INC.的季度营收约是KADANT INC的1.1倍（$293.4M vs $271.6M），KADANT INC净利率更高（10.2% vs 3.8%，领先6.4%），KADANT INC同比增速更快（-0.0% vs -4.0%），KADANT INC自由现金流更多（$44.1M vs $9.1M），过去两年KADANT INC的营收复合增速更高（6.7% vs -2.7%）
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。
蒙罗公司（Monro, Inc.）是一家汽车服务企业，创始并总部设在美国纽约州罗切斯特。截至2025年，蒙罗共拥有1260家门店，按门店数量与营收计算，是北美仅次于Driven Brands的第二大汽车服务企业。
KAI vs MNRO — 直观对比
营收规模更大
MNRO
是对方的1.1倍
$271.6M
营收增速更快
KAI
高出4.0%
-4.0%
净利率更高
KAI
高出6.4%
3.8%
自由现金流更多
KAI
多$34.9M
$9.1M
两年增速更快
KAI
近两年复合增速
-2.7%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $271.6M | $293.4M |
| 净利润 | $27.7M | $11.1M |
| 毛利率 | 45.2% | 34.9% |
| 营业利润率 | 15.7% | 6.3% |
| 净利率 | 10.2% | 3.8% |
| 营收同比 | -0.0% | -4.0% |
| 净利润同比 | -12.2% | 143.1% |
| 每股收益（稀释后） | $2.35 | $0.35 |
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KAIMNRO
| Q4 25 | — | $293.4M | ||
| Q3 25 | $271.6M | $288.9M | ||
| Q2 25 | $255.3M | $301.0M | ||
| Q1 25 | $239.2M | $295.0M | ||
| Q4 24 | $258.0M | $305.8M | ||
| Q3 24 | $271.6M | $301.4M | ||
| Q2 24 | $274.8M | $293.2M | ||
| Q1 24 | $249.0M | $310.1M |
净利润KAIMNRO
| Q4 25 | — | $11.1M | ||
| Q3 25 | $27.7M | $5.7M | ||
| Q2 25 | $26.2M | $-8.1M | ||
| Q1 25 | $24.1M | $-21.3M | ||
| Q4 24 | $24.0M | $4.6M | ||
| Q3 24 | $31.6M | $5.6M | ||
| Q2 24 | $31.3M | $5.9M | ||
| Q1 24 | $24.7M | $3.7M |
毛利率KAIMNRO
| Q4 25 | — | 34.9% | ||
| Q3 25 | 45.2% | 35.7% | ||
| Q2 25 | 45.9% | 35.5% | ||
| Q1 25 | 46.1% | 33.0% | ||
| Q4 24 | 43.4% | 34.3% | ||
| Q3 24 | 44.7% | 35.3% | ||
| Q2 24 | 44.4% | 37.2% | ||
| Q1 24 | 44.6% | 35.5% |
营业利润率KAIMNRO
| Q4 25 | — | 6.3% | ||
| Q3 25 | 15.7% | 4.4% | ||
| Q2 25 | 15.4% | -2.0% | ||
| Q1 25 | 14.9% | -8.1% | ||
| Q4 24 | 14.3% | 3.3% | ||
| Q3 24 | 18.0% | 4.4% | ||
| Q2 24 | 17.6% | 4.5% | ||
| Q1 24 | 14.8% | 3.3% |
净利率KAIMNRO
| Q4 25 | — | 3.8% | ||
| Q3 25 | 10.2% | 2.0% | ||
| Q2 25 | 10.2% | -2.7% | ||
| Q1 25 | 10.1% | -7.2% | ||
| Q4 24 | 9.3% | 1.5% | ||
| Q3 24 | 11.6% | 1.9% | ||
| Q2 24 | 11.4% | 2.0% | ||
| Q1 24 | 9.9% | 1.2% |
每股收益（稀释后）KAIMNRO
| Q4 25 | — | $0.35 | ||
| Q3 25 | $2.35 | $0.18 | ||
| Q2 25 | $2.22 | $-0.28 | ||
| Q1 25 | $2.04 | $-0.74 | ||
| Q4 24 | $2.04 | $0.15 | ||
| Q3 24 | $2.68 | $0.18 | ||
| Q2 24 | $2.66 | $0.19 | ||
| Q1 24 | $2.10 | $0.12 |
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 | $124.5M | $4.9M |
| 总债务越低越好 | $254.6M | $45.0M |
| 股东权益账面价值 | $949.8M | $604.9M |
| 总资产 | $1.5B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.27× | 0.07× |
8季度趋势，按日历期对齐
现金及短期投资KAIMNRO
| Q4 25 | — | $4.9M | ||
| Q3 25 | $124.5M | $10.5M | ||
| Q2 25 | $95.3M | $7.8M | ||
| Q1 25 | $91.7M | $20.8M | ||
| Q4 24 | $94.7M | $10.2M | ||
| Q3 24 | $88.4M | $20.9M | ||
| Q2 24 | $73.8M | $18.7M | ||
| Q1 24 | $81.4M | $6.6M |
总债务KAIMNRO
| Q4 25 | — | $45.0M | ||
| Q3 25 | $254.6M | $60.0M | ||
| Q2 25 | $245.7M | $71.5M | ||
| Q1 25 | $273.5M | $61.3M | ||
| Q4 24 | $285.2M | $59.3M | ||
| Q3 24 | $323.2M | $62.0M | ||
| Q2 24 | $342.0M | $112.0M | ||
| Q1 24 | $306.8M | $102.0M |
股东权益KAIMNRO
| Q4 25 | — | $604.9M | ||
| Q3 25 | $949.8M | $601.7M | ||
| Q2 25 | $926.0M | $604.9M | ||
| Q1 25 | $876.0M | $620.8M | ||
| Q4 24 | $847.1M | $648.9M | ||
| Q3 24 | $851.7M | $651.9M | ||
| Q2 24 | $807.7M | $654.4M | ||
| Q1 24 | $782.7M | $656.8M |
总资产KAIMNRO
| Q4 25 | — | $1.6B | ||
| Q3 25 | $1.5B | $1.6B | ||
| Q2 25 | $1.5B | $1.6B | ||
| Q1 25 | $1.4B | $1.6B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.5B | $1.7B | ||
| Q2 24 | $1.5B | $1.7B | ||
| Q1 24 | $1.4B | $1.7B |
负债/权益比KAIMNRO
| Q4 25 | — | 0.07× | ||
| Q3 25 | 0.27× | 0.10× | ||
| Q2 25 | 0.27× | 0.12× | ||
| Q1 25 | 0.31× | 0.10× | ||
| Q4 24 | 0.34× | 0.09× | ||
| Q3 24 | 0.38× | 0.10× | ||
| Q2 24 | 0.42× | 0.17× | ||
| Q1 24 | 0.39× | 0.16× |
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 | $47.3M | $17.8M |
| 自由现金流经营现金流 - 资本支出 | $44.1M | $9.1M |
| 自由现金流率自由现金流/营收 | 16.2% | 3.1% |
| 资本支出强度资本支出/营收 | 1.2% | 3.0% |
| 现金转化率经营现金流/净利润 | 1.70× | 1.60× |
| 过去12个月自由现金流最近4个季度 | $145.9M | $49.6M |
8季度趋势，按日历期对齐
经营现金流KAIMNRO
| Q4 25 | — | $17.8M | ||
| Q3 25 | $47.3M | $32.3M | ||
| Q2 25 | $40.5M | $-1.9M | ||
| Q1 25 | $22.8M | $28.9M | ||
| Q4 24 | $51.9M | $14.8M | ||
| Q3 24 | $52.5M | $62.6M | ||
| Q2 24 | $28.1M | $25.6M | ||
| Q1 24 | $22.8M | $-5.3M |
自由现金流KAIMNRO
| Q4 25 | — | $9.1M | ||
| Q3 25 | $44.1M | $26.6M | ||
| Q2 25 | $36.5M | $-9.3M | ||
| Q1 25 | $19.0M | $23.2M | ||
| Q4 24 | $46.3M | $7.9M | ||
| Q3 24 | $48.3M | $57.6M | ||
| Q2 24 | $23.1M | $16.8M | ||
| Q1 24 | $16.6M | $-11.9M |
自由现金流率KAIMNRO
| Q4 25 | — | 3.1% | ||
| Q3 25 | 16.2% | 9.2% | ||
| Q2 25 | 14.3% | -3.1% | ||
| Q1 25 | 7.9% | 7.9% | ||
| Q4 24 | 17.9% | 2.6% | ||
| Q3 24 | 17.8% | 19.1% | ||
| Q2 24 | 8.4% | 5.7% | ||
| Q1 24 | 6.7% | -3.8% |
资本支出强度KAIMNRO
| Q4 25 | — | 3.0% | ||
| Q3 25 | 1.2% | 2.0% | ||
| Q2 25 | 1.6% | 2.5% | ||
| Q1 25 | 1.6% | 1.9% | ||
| Q4 24 | 2.2% | 2.2% | ||
| Q3 24 | 1.5% | 1.6% | ||
| Q2 24 | 1.8% | 3.0% | ||
| Q1 24 | 2.5% | 2.1% |
现金转化率KAIMNRO
| Q4 25 | — | 1.60× | ||
| Q3 25 | 1.70× | 5.71× | ||
| Q2 25 | 1.55× | — | ||
| Q1 25 | 0.95× | — | ||
| Q4 24 | 2.16× | 3.23× | ||
| Q3 24 | 1.66× | 11.08× | ||
| Q2 24 | 0.90× | 4.37× | ||
| Q1 24 | 0.92× | -1.42× |
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
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% |
MNRO
| Tires | $150.2M | 51% |
| Maintenance | $73.5M | 25% |
| Brakes | $35.1M | 12% |
| Steering | $24.9M | 8% |
| Batteries | $6.2M | 2% |
| Exhaust | $3.2M | 1% |
