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KADANT INC（KAI）与医疗房产信托（SVC）财务数据对比。点击上方公司名可切换其他公司
医疗房产信托的季度营收约是KADANT INC的1.1倍（$296.5M vs $271.6M），KADANT INC净利率更高（10.2% vs -0.3%，领先10.5%），KADANT INC同比增速更快（-0.0% vs -17.0%），KADANT INC自由现金流更多（$44.1M vs $-95.2M），过去两年KADANT INC的营收复合增速更高（6.7% vs -6.1%）
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。
医疗房产信托（MPT）是总部位于阿拉巴马州伯明翰的国际房地产投资信托（REIT），主要在美国和欧洲地区收购投资医疗设施与营利性医疗控股公司。该公司的房产收购多采用售后回租模式，原产权方出售房产给MPT后成为承租租户，其租户普遍签订长期三净租约。
KAI vs SVC — 直观对比
营收规模更大
SVC
是对方的1.1倍
$271.6M
营收增速更快
KAI
高出17.0%
-17.0%
净利率更高
KAI
高出10.5%
-0.3%
自由现金流更多
KAI
多$139.2M
$-95.2M
两年增速更快
KAI
近两年复合增速
-6.1%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $271.6M | $296.5M |
| 净利润 | $27.7M | $-782.0K |
| 毛利率 | 45.2% | — |
| 营业利润率 | 15.7% | -3.9% |
| 净利率 | 10.2% | -0.3% |
| 营收同比 | -0.0% | -17.0% |
| 净利润同比 | -12.2% | 99.0% |
| 每股收益（稀释后） | $2.35 | $-0.01 |
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KAISVC
| Q4 25 | — | $296.5M | ||
| Q3 25 | $271.6M | $377.6M | ||
| Q2 25 | $255.3M | $404.4M | ||
| Q1 25 | $239.2M | $335.0M | ||
| Q4 24 | $258.0M | $357.0M | ||
| Q3 24 | $271.6M | $390.9M | ||
| Q2 24 | $274.8M | $412.5M | ||
| Q1 24 | $249.0M | $336.2M |
净利润KAISVC
| Q4 25 | — | $-782.0K | ||
| Q3 25 | $27.7M | $-46.9M | ||
| Q2 25 | $26.2M | $-38.2M | ||
| Q1 25 | $24.1M | $-116.4M | ||
| Q4 24 | $24.0M | $-76.4M | ||
| Q3 24 | $31.6M | $-46.9M | ||
| Q2 24 | $31.3M | $-73.8M | ||
| Q1 24 | $24.7M | $-78.4M |
毛利率KAISVC
| Q4 25 | — | — | ||
| Q3 25 | 45.2% | — | ||
| Q2 25 | 45.9% | — | ||
| Q1 25 | 46.1% | — | ||
| Q4 24 | 43.4% | — | ||
| Q3 24 | 44.7% | — | ||
| Q2 24 | 44.4% | — | ||
| Q1 24 | 44.6% | — |
营业利润率KAISVC
| Q4 25 | — | -3.9% | ||
| Q3 25 | 15.7% | -12.8% | ||
| Q2 25 | 15.4% | -9.2% | ||
| Q1 25 | 14.9% | -33.3% | ||
| Q4 24 | 14.3% | -19.4% | ||
| Q3 24 | 18.0% | -12.8% | ||
| Q2 24 | 17.6% | -17.1% | ||
| Q1 24 | 14.8% | -21.4% |
净利率KAISVC
| Q4 25 | — | -0.3% | ||
| Q3 25 | 10.2% | -12.4% | ||
| Q2 25 | 10.2% | -9.4% | ||
| Q1 25 | 10.1% | -34.8% | ||
| Q4 24 | 9.3% | -21.4% | ||
| Q3 24 | 11.6% | -12.0% | ||
| Q2 24 | 11.4% | -17.9% | ||
| Q1 24 | 9.9% | -23.3% |
每股收益（稀释后）KAISVC
| Q4 25 | — | $-0.01 | ||
| Q3 25 | $2.35 | $-0.28 | ||
| Q2 25 | $2.22 | $-0.23 | ||
| Q1 25 | $2.04 | $-0.70 | ||
| Q4 24 | $2.04 | $-0.46 | ||
| Q3 24 | $2.68 | $-0.28 | ||
| Q2 24 | $2.66 | $-0.45 | ||
| Q1 24 | $2.10 | $-0.48 |
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 | $346.8M |
| 总债务越低越好 | $254.6M | $5.5B |
| 股东权益账面价值 | $949.8M | $646.1M |
| 总资产 | $1.5B | $6.5B |
| 负债/权益比越低杠杆越低 | 0.27× | 8.52× |
8季度趋势，按日历期对齐
现金及短期投资KAISVC
| Q4 25 | — | $346.8M | ||
| Q3 25 | $124.5M | $417.4M | ||
| Q2 25 | $95.3M | $63.2M | ||
| Q1 25 | $91.7M | $80.1M | ||
| Q4 24 | $94.7M | $143.5M | ||
| Q3 24 | $88.4M | $48.6M | ||
| Q2 24 | $73.8M | $14.6M | ||
| Q1 24 | $81.4M | $71.3M |
总债务KAISVC
| Q4 25 | — | $5.5B | ||
| Q3 25 | $254.6M | — | ||
| Q2 25 | $245.7M | — | ||
| Q1 25 | $273.5M | — | ||
| Q4 24 | $285.2M | $5.8B | ||
| Q3 24 | $323.2M | — | ||
| Q2 24 | $342.0M | — | ||
| Q1 24 | $306.8M | — |
股东权益KAISVC
| Q4 25 | — | $646.1M | ||
| Q3 25 | $949.8M | $647.9M | ||
| Q2 25 | $926.0M | $695.9M | ||
| Q1 25 | $876.0M | $734.6M | ||
| Q4 24 | $847.1M | $851.9M | ||
| Q3 24 | $851.7M | $929.0M | ||
| Q2 24 | $807.7M | $1.0B | ||
| Q1 24 | $782.7M | $1.1B |
总资产KAISVC
| Q4 25 | — | $6.5B | ||
| Q3 25 | $1.5B | $7.0B | ||
| Q2 25 | $1.5B | $6.9B | ||
| Q1 25 | $1.4B | $7.0B | ||
| Q4 24 | $1.4B | $7.1B | ||
| Q3 24 | $1.5B | $7.1B | ||
| Q2 24 | $1.5B | $7.1B | ||
| Q1 24 | $1.4B | $7.2B |
负债/权益比KAISVC
| Q4 25 | — | 8.52× | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.27× | — | ||
| Q1 25 | 0.31× | — | ||
| Q4 24 | 0.34× | 6.85× | ||
| 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 | $47.3M | $-18.5M |
| 自由现金流经营现金流 - 资本支出 | $44.1M | $-95.2M |
| 自由现金流率自由现金流/营收 | 16.2% | -32.1% |
| 资本支出强度资本支出/营收 | 1.2% | 25.9% |
| 现金转化率经营现金流/净利润 | 1.70× | — |
| 过去12个月自由现金流最近4个季度 | $145.9M | $-107.0M |
8季度趋势，按日历期对齐
经营现金流KAISVC
| Q4 25 | — | $-18.5M | ||
| Q3 25 | $47.3M | $98.1M | ||
| Q2 25 | $40.5M | $-7.0K | ||
| Q1 25 | $22.8M | $38.2M | ||
| Q4 24 | $51.9M | $-9.7M | ||
| Q3 24 | $52.5M | $106.2M | ||
| Q2 24 | $28.1M | $43.8M | ||
| Q1 24 | $22.8M | $-926.0K |
自由现金流KAISVC
| Q4 25 | — | $-95.2M | ||
| Q3 25 | $44.1M | $57.9M | ||
| Q2 25 | $36.5M | $-46.6M | ||
| Q1 25 | $19.0M | $-23.2M | ||
| Q4 24 | $46.3M | $-88.9M | ||
| Q3 24 | $48.3M | $24.1M | ||
| Q2 24 | $23.1M | $-22.3M | ||
| Q1 24 | $16.6M | $-77.2M |
自由现金流率KAISVC
| Q4 25 | — | -32.1% | ||
| Q3 25 | 16.2% | 15.3% | ||
| Q2 25 | 14.3% | -11.5% | ||
| Q1 25 | 7.9% | -6.9% | ||
| Q4 24 | 17.9% | -24.9% | ||
| Q3 24 | 17.8% | 6.2% | ||
| Q2 24 | 8.4% | -5.4% | ||
| Q1 24 | 6.7% | -23.0% |
资本支出强度KAISVC
| Q4 25 | — | 25.9% | ||
| Q3 25 | 1.2% | 10.6% | ||
| Q2 25 | 1.6% | 11.5% | ||
| Q1 25 | 1.6% | 18.3% | ||
| Q4 24 | 2.2% | 22.2% | ||
| Q3 24 | 1.5% | 21.0% | ||
| Q2 24 | 1.8% | 16.0% | ||
| Q1 24 | 2.5% | 22.7% |
现金转化率KAISVC
| Q4 25 | — | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.55× | — | ||
| Q1 25 | 0.95× | — | ||
| Q4 24 | 2.16× | — | ||
| Q3 24 | 1.66× | — | ||
| Q2 24 | 0.90× | — | ||
| Q1 24 | 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
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% |
SVC
暂无分部数据
