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Keurig Dr Pepper（KDP）与TELUS CORP（TU）财务数据对比。点击上方公司名可切换其他公司
Keurig Dr Pepper的季度营收约是TELUS CORP的1.1倍（$4.0B vs $3.7B），Keurig Dr Pepper净利率更高（6.8% vs -4.8%，领先11.6%），Keurig Dr Pepper同比增速更快（9.4% vs 2.2%）
Keurig Dr Pepper是美国上市的饮品与咖啡机综合企业，2018年由克里格绿山和胡椒博士斯奈普集团合并成立，在马萨诸塞州伯灵顿及得克萨斯州弗里斯科设有双总部，旗下拥有超125款冷热饮品，加拿大区域业务由当地子公司负责运营。
TELUS是加拿大上市综合控股集团，总部位于不列颠哥伦比亚省温哥华。旗下业务涵盖四大板块：通信业务提供固话、电视、数据及互联网服务；移动业务提供无线通信服务；健康板块提供医疗产品及服务；数字业务面向全球提供多语种客户服务外包与数字IT服务。
KDP vs TU — 直观对比
营收规模更大
KDP
是对方的1.1倍
$3.7B
营收增速更快
KDP
高出7.2%
2.2%
净利率更高
KDP
高出11.6%
-4.8%
损益表 — Q1 FY2026 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $3.7B |
| 净利润 | $270.0M | $-178.8M |
| 毛利率 | 52.8% | 90.2% |
| 营业利润率 | 19.0% | 3.4% |
| 净利率 | 6.8% | -4.8% |
| 营收同比 | 9.4% | 2.2% |
| 净利润同比 | -47.8% | -210.9% |
| 每股收益（稀释后） | $0.20 | — |
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KDPTU
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.5B | — | ||
| Q3 25 | $4.3B | — | ||
| Q2 25 | $4.2B | $3.7B | ||
| Q1 25 | $3.6B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $3.9B | — | ||
| Q2 24 | $3.9B | $3.6B |
净利润KDPTU
| Q1 26 | $270.0M | — | ||
| Q4 25 | $353.0M | — | ||
| Q3 25 | $662.0M | — | ||
| Q2 25 | $547.0M | $-178.8M | ||
| Q1 25 | $517.0M | — | ||
| Q4 24 | $-144.0M | — | ||
| Q3 24 | $616.0M | — | ||
| Q2 24 | $515.0M | $161.3M |
毛利率KDPTU
| Q1 26 | 52.8% | — | ||
| Q4 25 | 53.8% | — | ||
| Q3 25 | 54.3% | — | ||
| Q2 25 | 54.2% | 90.2% | ||
| Q1 25 | 54.6% | — | ||
| Q4 24 | 55.9% | — | ||
| Q3 24 | 55.0% | — | ||
| Q2 24 | 55.4% | 87.9% |
营业利润率KDPTU
| Q1 26 | 19.0% | — | ||
| Q4 25 | 19.6% | — | ||
| Q3 25 | 23.1% | — | ||
| Q2 25 | 21.6% | 3.4% | ||
| Q1 25 | 22.0% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 23.2% | — | ||
| Q2 24 | 22.0% | 13.7% |
净利率KDPTU
| Q1 26 | 6.8% | — | ||
| Q4 25 | 7.8% | — | ||
| Q3 25 | 15.4% | — | ||
| Q2 25 | 13.1% | -4.8% | ||
| Q1 25 | 14.2% | — | ||
| Q4 24 | -3.5% | — | ||
| Q3 24 | 15.8% | — | ||
| Q2 24 | 13.1% | 4.4% |
每股收益（稀释后）KDPTU
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.26 | — | ||
| Q3 25 | $0.49 | — | ||
| Q2 25 | $0.40 | — | ||
| Q1 25 | $0.38 | — | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $0.45 | — | ||
| Q2 24 | $0.38 | — |
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 | $898.0M | $2.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $25.3B | $11.8B |
| 总资产 | $73.1B | $44.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资KDPTU
| Q1 26 | $898.0M | — | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $516.0M | — | ||
| Q2 25 | $509.0M | $2.7B | ||
| Q1 25 | $653.0M | — | ||
| Q4 24 | $510.0M | — | ||
| Q3 24 | $552.0M | — | ||
| Q2 24 | $438.0M | $676.7M |
股东权益KDPTU
| Q1 26 | $25.3B | — | ||
| Q4 25 | $25.5B | — | ||
| Q3 25 | $25.3B | — | ||
| Q2 25 | $25.0B | $11.8B | ||
| Q1 25 | $24.4B | — | ||
| Q4 24 | $24.2B | — | ||
| Q3 24 | $25.0B | — | ||
| Q2 24 | $24.7B | $12.4B |
总资产KDPTU
| Q1 26 | $73.1B | — | ||
| Q4 25 | $55.5B | — | ||
| Q3 25 | $54.6B | — | ||
| Q2 25 | $54.4B | $44.3B | ||
| Q1 25 | $53.7B | — | ||
| Q4 24 | $53.4B | — | ||
| Q3 24 | $52.7B | — | ||
| Q2 24 | $52.3B | $41.8B |
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 | $281.0M | $851.2M |
| 自由现金流经营现金流 - 资本支出 | $184.0M | — |
| 自由现金流率自由现金流/营收 | 4.6% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.04× | — |
| 过去12个月自由现金流最近4个季度 | $1.6B | — |
8季度趋势，按日历期对齐
经营现金流KDPTU
| Q1 26 | $281.0M | — | ||
| Q4 25 | $712.0M | — | ||
| Q3 25 | $639.0M | — | ||
| Q2 25 | $431.0M | $851.2M | ||
| Q1 25 | $209.0M | — | ||
| Q4 24 | $849.0M | — | ||
| Q3 24 | $628.0M | — | ||
| Q2 24 | $657.0M | $1.0B |
自由现金流KDPTU
| Q1 26 | $184.0M | — | ||
| Q4 25 | $564.0M | — | ||
| Q3 25 | $527.0M | — | ||
| Q2 25 | $325.0M | — | ||
| Q1 25 | $89.0M | — | ||
| Q4 24 | $684.0M | — | ||
| Q3 24 | $503.0M | — | ||
| Q2 24 | $542.0M | — |
自由现金流率KDPTU
| Q1 26 | 4.6% | — | ||
| Q4 25 | 12.5% | — | ||
| Q3 25 | 12.2% | — | ||
| Q2 25 | 7.8% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 16.8% | — | ||
| Q3 24 | 12.9% | — | ||
| Q2 24 | 13.8% | — |
资本支出强度KDPTU
| Q1 26 | — | — | ||
| Q4 25 | 3.3% | — | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | 4.1% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 2.9% | — |
现金转化率KDPTU
| Q1 26 | 1.04× | — | ||
| Q4 25 | 2.02× | — | ||
| Q3 25 | 0.97× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.40× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.02× | — | ||
| Q2 24 | 1.28× | 6.28× |
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
KDP
| U.S. Refreshment Beverages | $2.6B | 65% |
| U.S. Coffee | $877.0M | 22% |
| International | $435.0M | 11% |
TU
暂无分部数据
