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卡夫亨氏（KHC）与Leidos（LDOS）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Leidos的1.4倍（$6.0B vs $4.4B），卡夫亨氏净利率更高（13.2% vs 7.6%，领先5.6%），Leidos同比增速更快（3.7% vs 0.8%），过去两年Leidos的营收复合增速更高（3.5% vs -3.4%）
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。
Leidos Holdings, Inc.是总部位于美国弗吉尼亚州雷斯顿的企业，业务覆盖国防、航空、信息技术、生物医学研究领域，提供科研、工程、系统集成及技术服务。其前身为科学应用国际公司（SAIC），2016年8月与洛克希德·马丁旗下IT业务板块合并，成为国防行业规模最大的IT服务提供商。
KHC vs LDOS — 直观对比
营收规模更大
KHC
是对方的1.4倍
$4.4B
营收增速更快
LDOS
高出2.9%
0.8%
净利率更高
KHC
高出5.6%
7.6%
两年增速更快
LDOS
近两年复合增速
-3.4%
损益表 — Q1 FY2026 vs Q1 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $4.4B |
| 净利润 | $799.0M | $335.0M |
| 毛利率 | 36.7% | 17.3% |
| 营业利润率 | — | 11.5% |
| 净利率 | 13.2% | 7.6% |
| 营收同比 | 0.8% | 3.7% |
| 净利润同比 | 11.9% | -8.2% |
| 每股收益（稀释后） | $0.67 | $2.56 |
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KHCLDOS
| Q1 26 | $6.0B | $4.2B | ||
| Q4 25 | $6.4B | $4.4B | ||
| Q3 25 | $6.2B | $4.2B | ||
| Q2 25 | $6.4B | $4.2B | ||
| Q1 25 | $6.0B | $4.3B | ||
| Q4 24 | $6.6B | — | ||
| Q3 24 | $6.4B | $4.2B | ||
| Q2 24 | $6.5B | $4.1B |
净利润KHCLDOS
| Q1 26 | $799.0M | $327.0M | ||
| Q4 25 | $651.0M | $367.0M | ||
| Q3 25 | $615.0M | $391.0M | ||
| Q2 25 | $-7.8B | $363.0M | ||
| Q1 25 | $712.0M | $284.0M | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $-290.0M | $364.0M | ||
| Q2 24 | $102.0M | $322.0M |
毛利率KHCLDOS
| Q1 26 | 36.7% | 17.4% | ||
| Q4 25 | 32.6% | 18.0% | ||
| Q3 25 | 31.9% | 18.0% | ||
| Q2 25 | 34.4% | 17.5% | ||
| Q1 25 | 34.4% | 15.6% | ||
| Q4 24 | 34.1% | — | ||
| Q3 24 | 34.2% | 17.8% | ||
| Q2 24 | 35.4% | 16.6% |
营业利润率KHCLDOS
| Q1 26 | — | 11.3% | ||
| Q4 25 | 17.1% | 12.0% | ||
| Q3 25 | 16.4% | 13.5% | ||
| Q2 25 | -125.5% | 12.5% | ||
| Q1 25 | 19.9% | 9.7% | ||
| Q4 24 | -0.6% | — | ||
| Q3 24 | -1.6% | 12.4% | ||
| Q2 24 | 8.1% | 11.6% |
净利率KHCLDOS
| Q1 26 | 13.2% | 7.8% | ||
| Q4 25 | 10.2% | 8.2% | ||
| Q3 25 | 9.9% | 9.2% | ||
| Q2 25 | -123.2% | 8.6% | ||
| Q1 25 | 11.9% | 6.5% | ||
| Q4 24 | 32.4% | — | ||
| Q3 24 | -4.5% | 8.7% | ||
| Q2 24 | 1.6% | 7.8% |
每股收益（稀释后）KHCLDOS
| Q1 26 | $0.67 | $2.54 | ||
| Q4 25 | $0.56 | $2.82 | ||
| Q3 25 | $0.52 | $3.01 | ||
| Q2 25 | $-6.60 | $2.77 | ||
| Q1 25 | $0.59 | $2.10 | ||
| Q4 24 | $1.76 | — | ||
| Q3 24 | $-0.24 | $2.68 | ||
| Q2 24 | $0.08 | $2.37 |
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 | $457.0M |
| 总债务越低越好 | $21.1B | $6.0B |
| 股东权益账面价值 | $41.9B | $5.1B |
| 总资产 | $82.0B | $15.4B |
| 负债/权益比越低杠杆越低 | 0.50× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资KHCLDOS
| Q1 26 | $3.3B | $1.1B | ||
| Q4 25 | $2.6B | $974.0M | ||
| Q3 25 | $3.1B | $930.0M | ||
| Q2 25 | $2.6B | $842.0M | ||
| Q1 25 | $2.8B | $943.0M | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $900.0M | $823.0M |
总债务KHCLDOS
| Q1 26 | $21.1B | $4.6B | ||
| Q4 25 | $19.3B | $4.6B | ||
| Q3 25 | $19.3B | $5.0B | ||
| Q2 25 | $19.3B | $5.0B | ||
| Q1 25 | $20.9B | $4.1B | ||
| Q4 24 | $19.2B | — | ||
| Q3 24 | $19.4B | $4.1B | ||
| Q2 24 | $19.3B | $4.1B |
股东权益KHCLDOS
| Q1 26 | $41.9B | $4.9B | ||
| Q4 25 | $41.7B | $4.9B | ||
| Q3 25 | $41.5B | $4.7B | ||
| Q2 25 | $41.4B | $4.3B | ||
| Q1 25 | $49.5B | $4.4B | ||
| Q4 24 | $49.2B | — | ||
| Q3 24 | $48.3B | $4.6B | ||
| Q2 24 | $48.9B | $4.5B |
总资产KHCLDOS
| Q1 26 | $82.0B | $13.5B | ||
| Q4 25 | $81.8B | $13.5B | ||
| Q3 25 | $81.7B | $13.5B | ||
| Q2 25 | $81.6B | $13.2B | ||
| Q1 25 | $90.3B | $13.1B | ||
| Q4 24 | $88.3B | — | ||
| Q3 24 | $88.6B | $13.3B | ||
| Q2 24 | $88.8B | $12.9B |
负债/权益比KHCLDOS
| Q1 26 | 0.50× | 0.94× | ||
| Q4 25 | 0.46× | 0.94× | ||
| Q3 25 | 0.47× | 1.07× | ||
| Q2 25 | 0.47× | 1.18× | ||
| Q1 25 | 0.42× | 0.92× | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.40× | 0.88× | ||
| Q2 24 | 0.39× | 0.92× |
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 | — | $301.0M |
| 自由现金流经营现金流 - 资本支出 | $766.0M | — |
| 自由现金流率自由现金流/营收 | 12.7% | — |
| 资本支出强度资本支出/营收 | 4.0% | — |
| 现金转化率经营现金流/净利润 | — | 0.90× |
| 过去12个月自由现金流最近4个季度 | $3.9B | — |
8季度趋势，按日历期对齐
经营现金流KHCLDOS
| Q1 26 | — | $495.0M | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.2B | $711.0M | ||
| Q2 25 | $1.2B | $58.0M | ||
| Q1 25 | $720.0M | $299.0M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.1B | $656.0M | ||
| Q2 24 | $942.0M | $374.0M |
自由现金流KHCLDOS
| Q1 26 | $766.0M | $452.0M | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $986.0M | $680.0M | ||
| Q2 25 | $1.0B | $36.0M | ||
| Q1 25 | $482.0M | $213.0M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $849.0M | $633.0M | ||
| Q2 24 | $693.0M | $351.0M |
自由现金流率KHCLDOS
| Q1 26 | 12.7% | 10.8% | ||
| Q4 25 | 18.4% | — | ||
| Q3 25 | 15.8% | 16.1% | ||
| Q2 25 | 16.1% | 0.9% | ||
| Q1 25 | 8.0% | 4.9% | ||
| Q4 24 | 17.4% | — | ||
| Q3 24 | 13.3% | 15.2% | ||
| Q2 24 | 10.7% | 8.5% |
资本支出强度KHCLDOS
| Q1 26 | 4.0% | 1.0% | ||
| Q4 25 | 3.2% | — | ||
| Q3 25 | 2.7% | 0.7% | ||
| Q2 25 | 2.9% | 0.5% | ||
| Q1 25 | 4.0% | 2.0% | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | 3.7% | 0.6% | ||
| Q2 24 | 3.8% | 0.6% |
现金转化率KHCLDOS
| Q1 26 | — | 1.51× | ||
| Q4 25 | 2.11× | — | ||
| Q3 25 | 1.88× | 1.82× | ||
| Q2 25 | — | 0.16× | ||
| Q1 25 | 1.01× | 1.05× | ||
| Q4 24 | 0.65× | — | ||
| Q3 24 | — | 1.80× | ||
| Q2 24 | 9.24× | 1.16× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
