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卡夫亨氏（KHC）与林德（LIN）财务数据对比。点击上方公司名可切换其他公司
林德的季度营收约是卡夫亨氏的1.5倍（$8.8B vs $6.0B），林德同比增速更快（8.2% vs 0.8%），卡夫亨氏自由现金流更多（$766.0M vs $898.0K），过去两年林德的营收复合增速更高（3.1% 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。
林德是全球知名跨国化工企业，按市场份额及营收计为全球最大工业气体供应商。公司1879年由德国科学家、工程师卡尔·冯·林德在德国威斯巴登创立，现总部位于英国沃金，在爱尔兰注册，2018年由原林德股份公司与1907年在美国成立的普莱克斯合并组建。
KHC vs LIN — 直观对比
营收规模更大
LIN
是对方的1.5倍
$6.0B
营收增速更快
LIN
高出7.4%
0.8%
自由现金流更多
KHC
多$765.1M
$898.0K
两年增速更快
LIN
近两年复合增速
-3.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $8.8B |
| 净利润 | $799.0M | — |
| 毛利率 | 36.7% | 48.5% |
| 营业利润率 | — | 27.8% |
| 净利率 | 13.2% | — |
| 营收同比 | 0.8% | 8.2% |
| 净利润同比 | 11.9% | — |
| 每股收益（稀释后） | $0.67 | $3.98 |
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KHCLIN
| Q1 26 | $6.0B | $8.8B | ||
| Q4 25 | $6.4B | $8.8B | ||
| Q3 25 | $6.2B | $8.6B | ||
| Q2 25 | $6.4B | $8.5B | ||
| Q1 25 | $6.0B | $8.1B | ||
| Q4 24 | $6.6B | $8.3B | ||
| Q3 24 | $6.4B | $8.4B | ||
| Q2 24 | $6.5B | $8.3B |
净利润KHCLIN
| Q1 26 | $799.0M | — | ||
| Q4 25 | $651.0M | $1.5B | ||
| Q3 25 | $615.0M | $1.9B | ||
| Q2 25 | $-7.8B | $1.8B | ||
| Q1 25 | $712.0M | $1.7B | ||
| Q4 24 | $2.1B | $1.7B | ||
| Q3 24 | $-290.0M | $1.6B | ||
| Q2 24 | $102.0M | $1.7B |
毛利率KHCLIN
| Q1 26 | 36.7% | 48.5% | ||
| Q4 25 | 32.6% | — | ||
| Q3 25 | 31.9% | — | ||
| Q2 25 | 34.4% | — | ||
| Q1 25 | 34.4% | — | ||
| Q4 24 | 34.1% | — | ||
| Q3 24 | 34.2% | — | ||
| Q2 24 | 35.4% | — |
营业利润率KHCLIN
| Q1 26 | — | 27.8% | ||
| Q4 25 | 17.1% | 23.0% | ||
| Q3 25 | 16.4% | 27.5% | ||
| Q2 25 | -125.5% | 27.7% | ||
| Q1 25 | 19.9% | 26.9% | ||
| Q4 24 | -0.6% | 27.4% | ||
| Q3 24 | -1.6% | 25.0% | ||
| Q2 24 | 8.1% | 26.4% |
净利率KHCLIN
| Q1 26 | 13.2% | — | ||
| Q4 25 | 10.2% | 17.5% | ||
| Q3 25 | 9.9% | 22.4% | ||
| Q2 25 | -123.2% | 20.8% | ||
| Q1 25 | 11.9% | 20.6% | ||
| Q4 24 | 32.4% | 20.8% | ||
| Q3 24 | -4.5% | 18.5% | ||
| Q2 24 | 1.6% | 20.1% |
每股收益（稀释后）KHCLIN
| Q1 26 | $0.67 | $3.98 | ||
| Q4 25 | $0.56 | $3.28 | ||
| Q3 25 | $0.52 | $4.09 | ||
| Q2 25 | $-6.60 | $3.73 | ||
| Q1 25 | $0.59 | $3.51 | ||
| Q4 24 | $1.76 | $3.61 | ||
| Q3 24 | $-0.24 | $3.22 | ||
| Q2 24 | $0.08 | $3.44 |
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 | $4.0B |
| 总债务越低越好 | $21.1B | $24.7B |
| 股东权益账面价值 | $41.9B | $40.1B |
| 总资产 | $82.0B | $86.3B |
| 负债/权益比越低杠杆越低 | 0.50× | 0.62× |
8季度趋势，按日历期对齐
现金及短期投资KHCLIN
| Q1 26 | $3.3B | $4.0B | ||
| Q4 25 | $2.6B | $5.1B | ||
| Q3 25 | $3.1B | $4.5B | ||
| Q2 25 | $2.6B | $4.8B | ||
| Q1 25 | $2.8B | $5.3B | ||
| Q4 24 | $1.3B | $4.8B | ||
| Q3 24 | $1.3B | $5.2B | ||
| Q2 24 | $900.0M | $4.6B |
总债务KHCLIN
| Q1 26 | $21.1B | $24.7B | ||
| Q4 25 | $19.3B | $20.7B | ||
| Q3 25 | $19.3B | $18.6B | ||
| Q2 25 | $19.3B | $19.7B | ||
| Q1 25 | $20.9B | $17.6B | ||
| Q4 24 | $19.2B | $15.3B | ||
| Q3 24 | $19.4B | $17.5B | ||
| Q2 24 | $19.3B | $16.9B |
股东权益KHCLIN
| Q1 26 | $41.9B | $40.1B | ||
| Q4 25 | $41.7B | $38.2B | ||
| Q3 25 | $41.5B | $38.6B | ||
| Q2 25 | $41.4B | $38.5B | ||
| Q1 25 | $49.5B | $38.0B | ||
| Q4 24 | $49.2B | $38.1B | ||
| Q3 24 | $48.3B | $39.2B | ||
| Q2 24 | $48.9B | $38.2B |
总资产KHCLIN
| Q1 26 | $82.0B | $86.3B | ||
| Q4 25 | $81.8B | $86.8B | ||
| Q3 25 | $81.7B | $86.0B | ||
| Q2 25 | $81.6B | $86.1B | ||
| Q1 25 | $90.3B | $82.7B | ||
| Q4 24 | $88.3B | $80.1B | ||
| Q3 24 | $88.6B | $82.5B | ||
| Q2 24 | $88.8B | $80.2B |
负债/权益比KHCLIN
| Q1 26 | 0.50× | 0.62× | ||
| Q4 25 | 0.46× | 0.54× | ||
| Q3 25 | 0.47× | 0.48× | ||
| Q2 25 | 0.47× | 0.51× | ||
| Q1 25 | 0.42× | 0.46× | ||
| Q4 24 | 0.39× | 0.40× | ||
| Q3 24 | 0.40× | 0.45× | ||
| Q2 24 | 0.39× | 0.44× |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $766.0M | $898.0K |
| 自由现金流率自由现金流/营收 | 12.7% | 0.0% |
| 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 | — | — |
| 过去12个月自由现金流最近4个季度 | $3.9B | $4.2B |
8季度趋势，按日历期对齐
经营现金流KHCLIN
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $3.0B | ||
| Q3 25 | $1.2B | $2.9B | ||
| Q2 25 | $1.2B | $2.2B | ||
| Q1 25 | $720.0M | $2.2B | ||
| Q4 24 | $1.4B | $2.8B | ||
| Q3 24 | $1.1B | $2.7B | ||
| Q2 24 | $942.0M | $1.9B |
自由现金流KHCLIN
| Q1 26 | $766.0M | $898.0K | ||
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $986.0M | $1.7B | ||
| Q2 25 | $1.0B | $954.0M | ||
| Q1 25 | $482.0M | $891.0M | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $849.0M | $1.7B | ||
| Q2 24 | $693.0M | $796.0M |
自由现金流率KHCLIN
| Q1 26 | 12.7% | 0.0% | ||
| Q4 25 | 18.4% | 17.9% | ||
| Q3 25 | 15.8% | 19.4% | ||
| Q2 25 | 16.1% | 11.2% | ||
| Q1 25 | 8.0% | 11.0% | ||
| Q4 24 | 17.4% | 18.8% | ||
| Q3 24 | 13.3% | 19.9% | ||
| Q2 24 | 10.7% | 9.6% |
资本支出强度KHCLIN
| Q1 26 | 4.0% | — | ||
| Q4 25 | 3.2% | 16.6% | ||
| Q3 25 | 2.7% | 14.8% | ||
| Q2 25 | 2.9% | 14.8% | ||
| Q1 25 | 4.0% | 15.7% | ||
| Q4 24 | 3.8% | 15.1% | ||
| Q3 24 | 3.7% | 12.8% | ||
| Q2 24 | 3.8% | 13.7% |
现金转化率KHCLIN
| Q1 26 | — | — | ||
| Q4 25 | 2.11× | 1.98× | ||
| Q3 25 | 1.88× | 1.53× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | 1.01× | 1.29× | ||
| Q4 24 | 0.65× | 1.63× | ||
| Q3 24 | — | 1.76× | ||
| 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
