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卡夫亨氏（KHC）与KOHLS Corp（KSS）财务数据对比。点击上方公司名可切换其他公司
卡夫亨氏的季度营收约是KOHLS Corp的1.7倍（$6.0B vs $3.6B），卡夫亨氏净利率更高（13.2% vs 0.2%，领先13.0%），卡夫亨氏同比增速更快（0.8% vs -3.6%），卡夫亨氏自由现金流更多（$766.0M vs $16.0M），过去两年卡夫亨氏的营收复合增速更高（-3.4% vs -22.5%）
卡夫亨氏（股票代码：KHC）是美国大型跨国食品企业，由原卡夫食品集团与亨氏公司合并组建，在芝加哥与匹兹堡均设有总部，旗下拥有多款全球知名食品品牌，业务覆盖全球众多市场。
科尔士（Kohl's）是美国知名连锁百货零售商，目前在全美除夏威夷外的各州共开设1174家门店。品牌由波兰移民麦克斯韦·科尔创立，1927年他在威斯康星州密尔沃基开设了一家街角杂货店，在当地发展为成功的连锁品牌后，1962年公司开设首家百货门店，正式进军百货零售领域。
KHC vs KSS — 直观对比
营收规模更大
KHC
是对方的1.7倍
$3.6B
营收增速更快
KHC
高出4.4%
-3.6%
净利率更高
KHC
高出13.0%
0.2%
自由现金流更多
KHC
多$750.0M
$16.0M
两年增速更快
KHC
近两年复合增速
-22.5%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $3.6B |
| 净利润 | $799.0M | $8.0M |
| 毛利率 | 36.7% | 42.4% |
| 营业利润率 | — | 2.0% |
| 净利率 | 13.2% | 0.2% |
| 营收同比 | 0.8% | -3.6% |
| 净利润同比 | 11.9% | -63.6% |
| 每股收益（稀释后） | $0.67 | $0.07 |
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KHCKSS
| Q1 26 | $6.0B | — | ||
| Q4 25 | $6.4B | $3.6B | ||
| Q3 25 | $6.2B | $3.5B | ||
| Q2 25 | $6.4B | $3.2B | ||
| Q1 25 | $6.0B | $5.4B | ||
| Q4 24 | $6.6B | $3.7B | ||
| Q3 24 | $6.4B | $3.7B | ||
| Q2 24 | $6.5B | $3.4B |
净利润KHCKSS
| Q1 26 | $799.0M | — | ||
| Q4 25 | $651.0M | $8.0M | ||
| Q3 25 | $615.0M | $153.0M | ||
| Q2 25 | $-7.8B | $-15.0M | ||
| Q1 25 | $712.0M | $48.0M | ||
| Q4 24 | $2.1B | $22.0M | ||
| Q3 24 | $-290.0M | $66.0M | ||
| Q2 24 | $102.0M | $-27.0M |
毛利率KHCKSS
| Q1 26 | 36.7% | — | ||
| Q4 25 | 32.6% | 42.4% | ||
| Q3 25 | 31.9% | 43.3% | ||
| Q2 25 | 34.4% | 43.3% | ||
| Q1 25 | 34.4% | 35.6% | ||
| Q4 24 | 34.1% | 42.4% | ||
| Q3 24 | 34.2% | 43.0% | ||
| Q2 24 | 35.4% | 43.1% |
营业利润率KHCKSS
| Q1 26 | — | — | ||
| Q4 25 | 17.1% | 2.0% | ||
| Q3 25 | 16.4% | 7.9% | ||
| Q2 25 | -125.5% | 1.9% | ||
| Q1 25 | 19.9% | 2.3% | ||
| Q4 24 | -0.6% | 2.6% | ||
| Q3 24 | -1.6% | 4.4% | ||
| Q2 24 | 8.1% | 1.3% |
净利率KHCKSS
| Q1 26 | 13.2% | — | ||
| Q4 25 | 10.2% | 0.2% | ||
| Q3 25 | 9.9% | 4.3% | ||
| Q2 25 | -123.2% | -0.5% | ||
| Q1 25 | 11.9% | 0.9% | ||
| Q4 24 | 32.4% | 0.6% | ||
| Q3 24 | -4.5% | 1.8% | ||
| Q2 24 | 1.6% | -0.8% |
每股收益（稀释后）KHCKSS
| Q1 26 | $0.67 | — | ||
| Q4 25 | $0.56 | $0.07 | ||
| Q3 25 | $0.52 | $1.35 | ||
| Q2 25 | $-6.60 | $-0.13 | ||
| Q1 25 | $0.59 | $0.43 | ||
| Q4 24 | $1.76 | $0.20 | ||
| Q3 24 | $-0.24 | $0.59 | ||
| Q2 24 | $0.08 | $-0.24 |
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 | $3.3B | $144.0M |
| 总债务越低越好 | $21.1B | — |
| 股东权益账面价值 | $41.9B | $3.9B |
| 总资产 | $82.0B | $14.1B |
| 负债/权益比越低杠杆越低 | 0.50× | — |
8季度趋势，按日历期对齐
现金及短期投资KHCKSS
| Q1 26 | $3.3B | — | ||
| Q4 25 | $2.6B | $144.0M | ||
| Q3 25 | $3.1B | $174.0M | ||
| Q2 25 | $2.6B | $153.0M | ||
| Q1 25 | $2.8B | $134.0M | ||
| Q4 24 | $1.3B | $174.0M | ||
| Q3 24 | $1.3B | $231.0M | ||
| Q2 24 | $900.0M | $228.0M |
总债务KHCKSS
| Q1 26 | $21.1B | — | ||
| Q4 25 | $19.3B | — | ||
| Q3 25 | $19.3B | — | ||
| Q2 25 | $19.3B | — | ||
| Q1 25 | $20.9B | — | ||
| Q4 24 | $19.2B | — | ||
| Q3 24 | $19.4B | — | ||
| Q2 24 | $19.3B | — |
股东权益KHCKSS
| Q1 26 | $41.9B | — | ||
| Q4 25 | $41.7B | $3.9B | ||
| Q3 25 | $41.5B | $3.9B | ||
| Q2 25 | $41.4B | $3.8B | ||
| Q1 25 | $49.5B | $3.8B | ||
| Q4 24 | $49.2B | $3.8B | ||
| Q3 24 | $48.3B | $3.8B | ||
| Q2 24 | $48.9B | $3.8B |
总资产KHCKSS
| Q1 26 | $82.0B | — | ||
| Q4 25 | $81.8B | $14.1B | ||
| Q3 25 | $81.7B | $13.4B | ||
| Q2 25 | $81.6B | $13.6B | ||
| Q1 25 | $90.3B | $13.6B | ||
| Q4 24 | $88.3B | $15.1B | ||
| Q3 24 | $88.6B | $14.2B | ||
| Q2 24 | $88.8B | $14.3B |
负债/权益比KHCKSS
| Q1 26 | 0.50× | — | ||
| Q4 25 | 0.46× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.42× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.40× | — | ||
| Q2 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 | — | $124.0M |
| 自由现金流经营现金流 - 资本支出 | $766.0M | $16.0M |
| 自由现金流率自由现金流/营收 | 12.7% | 0.4% |
| 资本支出强度资本支出/营收 | 4.0% | 3.0% |
| 现金转化率经营现金流/净利润 | — | 15.50× |
| 过去12个月自由现金流最近4个季度 | $3.9B | $819.0M |
8季度趋势，按日历期对齐
经营现金流KHCKSS
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $124.0M | ||
| Q3 25 | $1.2B | $598.0M | ||
| Q2 25 | $1.2B | $-92.0M | ||
| Q1 25 | $720.0M | $596.0M | ||
| Q4 24 | $1.4B | $-195.0M | ||
| Q3 24 | $1.1B | $254.0M | ||
| Q2 24 | $942.0M | $-7.0M |
自由现金流KHCKSS
| Q1 26 | $766.0M | — | ||
| Q4 25 | $1.2B | $16.0M | ||
| Q3 25 | $986.0M | $508.0M | ||
| Q2 25 | $1.0B | $-202.0M | ||
| Q1 25 | $482.0M | $497.0M | ||
| Q4 24 | $1.1B | $-323.0M | ||
| Q3 24 | $849.0M | $141.0M | ||
| Q2 24 | $693.0M | $-133.0M |
自由现金流率KHCKSS
| Q1 26 | 12.7% | — | ||
| Q4 25 | 18.4% | 0.4% | ||
| Q3 25 | 15.8% | 14.3% | ||
| Q2 25 | 16.1% | -6.2% | ||
| Q1 25 | 8.0% | 9.2% | ||
| Q4 24 | 17.4% | -8.7% | ||
| Q3 24 | 13.3% | 3.8% | ||
| Q2 24 | 10.7% | -3.9% |
资本支出强度KHCKSS
| Q1 26 | 4.0% | — | ||
| Q4 25 | 3.2% | 3.0% | ||
| Q3 25 | 2.7% | 2.5% | ||
| Q2 25 | 2.9% | 3.4% | ||
| Q1 25 | 4.0% | 1.8% | ||
| Q4 24 | 3.8% | 3.5% | ||
| Q3 24 | 3.7% | 3.0% | ||
| Q2 24 | 3.8% | 3.7% |
现金转化率KHCKSS
| Q1 26 | — | — | ||
| Q4 25 | 2.11× | 15.50× | ||
| Q3 25 | 1.88× | 3.91× | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.01× | 12.42× | ||
| Q4 24 | 0.65× | -8.86× | ||
| Q3 24 | — | 3.85× | ||
| Q2 24 | 9.24× | — |
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
KHC
暂无分部数据
KSS
| Products | $3.4B | 95% |
| Other | $168.0M | 5% |
| Gift Card | $17.0M | 0% |
