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KIRBY CORP（KEX）与Primo Brands Corp（PRMB）财务数据对比。点击上方公司名可切换其他公司
Primo Brands Corp的季度营收约是KIRBY CORP的1.8倍（$1.6B vs $851.8M），KIRBY CORP净利率更高（10.8% vs -0.8%，领先11.6%），KIRBY CORP自由现金流更多（$265.2M vs $57.3M）
总部位于美国得克萨斯州休斯顿的Kirby Corporation是美国最大的罐驳船运营商，业务覆盖密西西比河水系、海湾沿岸航道、美国三大海岸沿线及阿拉斯加、夏威夷地区，主营通过罐驳船运输石化产品、黑油、精炼石油制品、农化产品，同时拥有并运营8组远洋驳船及拖船运输单元。
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
KEX vs PRMB — 直观对比
营收规模更大
PRMB
是对方的1.8倍
$851.8M
净利率更高
KEX
高出11.6%
-0.8%
自由现金流更多
KEX
多$207.9M
$57.3M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $851.8M | $1.6B |
| 净利润 | $91.8M | $-13.0M |
| 毛利率 | — | 27.7% |
| 营业利润率 | 15.2% | 1.2% |
| 净利率 | 10.8% | -0.8% |
| 营收同比 | 6.2% | — |
| 净利润同比 | 114.4% | — |
| 每股收益（稀释后） | $1.68 | $-0.03 |
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KEXPRMB
| Q4 25 | $851.8M | $1.6B | ||
| Q3 25 | $871.2M | $1.8B | ||
| Q2 25 | $855.5M | $1.7B | ||
| Q1 25 | $785.7M | $1.6B | ||
| Q4 24 | $802.3M | — | ||
| Q3 24 | $831.1M | $0 | ||
| Q2 24 | $824.4M | $1.3B | ||
| Q1 24 | $808.0M | $1.1B |
净利润KEXPRMB
| Q4 25 | $91.8M | $-13.0M | ||
| Q3 25 | $92.5M | $16.8M | ||
| Q2 25 | $94.3M | $27.6M | ||
| Q1 25 | $76.0M | $28.7M | ||
| Q4 24 | $42.8M | — | ||
| Q3 24 | $90.0M | $-2.0K | ||
| Q2 24 | $83.9M | $54.5M | ||
| Q1 24 | $70.1M | $33.5M |
毛利率KEXPRMB
| Q4 25 | — | 27.7% | ||
| Q3 25 | — | 29.9% | ||
| Q2 25 | — | 31.3% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 32.7% | ||
| Q1 24 | — | 30.4% |
营业利润率KEXPRMB
| Q4 25 | 15.2% | 1.2% | ||
| Q3 25 | 14.8% | 8.3% | ||
| Q2 25 | 15.4% | 6.5% | ||
| Q1 25 | 13.4% | 9.5% | ||
| Q4 24 | 6.3% | — | ||
| Q3 24 | 15.3% | — | ||
| Q2 24 | 14.6% | 12.1% | ||
| Q1 24 | 12.6% | 11.0% |
净利率KEXPRMB
| Q4 25 | 10.8% | -0.8% | ||
| Q3 25 | 10.6% | 1.0% | ||
| Q2 25 | 11.0% | 1.6% | ||
| Q1 25 | 9.7% | 1.8% | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 10.8% | — | ||
| Q2 24 | 10.2% | 4.1% | ||
| Q1 24 | 8.7% | 2.9% |
每股收益（稀释后）KEXPRMB
| Q4 25 | $1.68 | $-0.03 | ||
| Q3 25 | $1.65 | $0.04 | ||
| Q2 25 | $1.67 | $0.07 | ||
| Q1 25 | $1.33 | $0.08 | ||
| Q4 24 | $0.74 | — | ||
| Q3 24 | $1.55 | $-20.00 | ||
| Q2 24 | $1.43 | $0.25 | ||
| Q1 24 | $1.19 | $0.15 |
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 | $78.8M | $376.7M |
| 总债务越低越好 | $919.3M | $5.2B |
| 股东权益账面价值 | $3.4B | $3.0B |
| 总资产 | $6.0B | $10.6B |
| 负债/权益比越低杠杆越低 | 0.27× | 1.72× |
8季度趋势，按日历期对齐
现金及短期投资KEXPRMB
| Q4 25 | $78.8M | $376.7M | ||
| Q3 25 | $47.0M | — | ||
| Q2 25 | $68.4M | — | ||
| Q1 25 | $51.1M | — | ||
| Q4 24 | $74.4M | — | ||
| Q3 24 | $67.1M | — | ||
| Q2 24 | $53.5M | — | ||
| Q1 24 | $75.2M | — |
总债务KEXPRMB
| Q4 25 | $919.3M | $5.2B | ||
| Q3 25 | $1.0B | $5.1B | ||
| Q2 25 | $1.1B | $5.1B | ||
| Q1 25 | $1.1B | $5.0B | ||
| Q4 24 | $874.9M | — | ||
| Q3 24 | $978.6M | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.1B | — |
股东权益KEXPRMB
| Q4 25 | $3.4B | $3.0B | ||
| Q3 25 | $3.4B | $3.2B | ||
| Q2 25 | $3.4B | $3.2B | ||
| Q1 25 | $3.3B | $3.3B | ||
| Q4 24 | $3.4B | — | ||
| Q3 24 | $3.3B | $-2.0K | ||
| Q2 24 | $3.3B | $-296.8M | ||
| Q1 24 | $3.2B | $-349.8M |
总资产KEXPRMB
| Q4 25 | $6.0B | $10.6B | ||
| Q3 25 | $6.1B | $11.0B | ||
| Q2 25 | $6.1B | $11.0B | ||
| Q1 25 | $6.0B | $11.0B | ||
| Q4 24 | $5.9B | — | ||
| Q3 24 | $5.9B | $0 | ||
| Q2 24 | $5.9B | — | ||
| Q1 24 | $5.8B | — |
负债/权益比KEXPRMB
| Q4 25 | 0.27× | 1.72× | ||
| Q3 25 | 0.31× | 1.61× | ||
| Q2 25 | 0.33× | 1.57× | ||
| Q1 25 | 0.33× | 1.51× | ||
| Q4 24 | 0.26× | — | ||
| Q3 24 | 0.30× | — | ||
| Q2 24 | 0.32× | — | ||
| Q1 24 | 0.33× | — |
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 | $312.2M | $203.1M |
| 自由现金流经营现金流 - 资本支出 | $265.2M | $57.3M |
| 自由现金流率自由现金流/营收 | 31.1% | 3.7% |
| 资本支出强度资本支出/营收 | 5.5% | 9.4% |
| 现金转化率经营现金流/净利润 | 3.40× | — |
| 过去12个月自由现金流最近4个季度 | $405.7M | $302.9M |
8季度趋势，按日历期对齐
经营现金流KEXPRMB
| Q4 25 | $312.2M | $203.1M | ||
| Q3 25 | $227.5M | $283.4M | ||
| Q2 25 | $93.9M | $155.0M | ||
| Q1 25 | $36.5M | $38.8M | ||
| Q4 24 | $247.4M | — | ||
| Q3 24 | $206.5M | $0 | ||
| Q2 24 | $179.3M | $102.5M | ||
| Q1 24 | $123.3M | $6.0M |
自由现金流KEXPRMB
| Q4 25 | $265.2M | $57.3M | ||
| Q3 25 | $160.3M | $167.7M | ||
| Q2 25 | $22.4M | $101.1M | ||
| Q1 25 | $-42.1M | $-23.2M | ||
| Q4 24 | $150.7M | — | ||
| Q3 24 | $130.1M | — | ||
| Q2 24 | $90.8M | $61.4M | ||
| Q1 24 | $42.2M | $-17.5M |
自由现金流率KEXPRMB
| Q4 25 | 31.1% | 3.7% | ||
| Q3 25 | 18.4% | 9.5% | ||
| Q2 25 | 2.6% | 5.8% | ||
| Q1 25 | -5.4% | -1.4% | ||
| Q4 24 | 18.8% | — | ||
| Q3 24 | 15.7% | — | ||
| Q2 24 | 11.0% | 4.7% | ||
| Q1 24 | 5.2% | -1.5% |
资本支出强度KEXPRMB
| Q4 25 | 5.5% | 9.4% | ||
| Q3 25 | 7.7% | 6.6% | ||
| Q2 25 | 8.4% | 3.1% | ||
| Q1 25 | 10.0% | 3.8% | ||
| Q4 24 | 12.0% | — | ||
| Q3 24 | 9.2% | — | ||
| Q2 24 | 10.7% | 3.1% | ||
| Q1 24 | 10.0% | 2.1% |
现金转化率KEXPRMB
| Q4 25 | 3.40× | — | ||
| Q3 25 | 2.46× | 16.87× | ||
| Q2 25 | 1.00× | 5.62× | ||
| Q1 25 | 0.48× | 1.35× | ||
| Q4 24 | 5.78× | — | ||
| Q3 24 | 2.30× | — | ||
| Q2 24 | 2.14× | 1.88× | ||
| Q1 24 | 1.76× | 0.18× |
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
KEX
| Inland Transportation | $379.2M | 45% |
| Power Generation | $191.1M | 22% |
| Commercial And Industrial | $149.4M | 18% |
| Coastal Transportation | $102.5M | 12% |
| Oil And Gas | $29.6M | 3% |
PRMB
| Regional Spring Water | $765.1M | 49% |
| Purified Water | $484.5M | 31% |
| Other | $188.4M | 12% |
| Premium Water | $90.3M | 6% |
| Other Water | $25.8M | 2% |
