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卡夫亨氏（KHC）与Raymond James Financial（RJF）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Raymond James Financial的1.5倍（$6.4B vs $4.2B），Raymond James Financial净利率更高（13.5% vs 10.2%，领先3.2%），Raymond James Financial同比增速更快（3.5% vs -3.4%），卡夫亨氏自由现金流更多（$1.2B vs $-56.0M），过去两年Raymond James Financial的营收复合增速更高（7.1% vs -0.4%）
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。
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
KHC vs RJF — 直观对比
营收规模更大
KHC
是对方的1.5倍
$4.2B
营收增速更快
RJF
高出6.9%
-3.4%
净利率更高
RJF
高出3.2%
10.2%
自由现金流更多
KHC
多$1.2B
$-56.0M
两年增速更快
RJF
近两年复合增速
-0.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.4B | $4.2B |
| 净利润 | $651.0M | $563.0M |
| 毛利率 | 32.6% | — |
| 营业利润率 | 17.1% | — |
| 净利率 | 10.2% | 13.5% |
| 营收同比 | -3.4% | 3.5% |
| 净利润同比 | -69.5% | -6.2% |
| 每股收益（稀释后） | $0.56 | $2.79 |
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KHCRJF
| Q4 25 | $6.4B | $4.2B | ||
| Q3 25 | $6.2B | $4.2B | ||
| Q2 25 | $6.4B | $3.8B | ||
| Q1 25 | $6.0B | $3.8B | ||
| Q4 24 | $6.6B | $4.0B | ||
| Q3 24 | $6.4B | $4.0B | ||
| Q2 24 | $6.5B | $3.8B | ||
| Q1 24 | $6.4B | $3.6B |
净利润KHCRJF
| Q4 25 | $651.0M | $563.0M | ||
| Q3 25 | $615.0M | $604.0M | ||
| Q2 25 | $-7.8B | $436.0M | ||
| Q1 25 | $712.0M | $495.0M | ||
| Q4 24 | $2.1B | $600.0M | ||
| Q3 24 | $-290.0M | $602.0M | ||
| Q2 24 | $102.0M | $492.0M | ||
| Q1 24 | $801.0M | $476.0M |
毛利率KHCRJF
| 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% | — | ||
| Q1 24 | 35.0% | — |
营业利润率KHCRJF
| Q4 25 | 17.1% | — | ||
| Q3 25 | 16.4% | — | ||
| Q2 25 | -125.5% | 14.7% | ||
| Q1 25 | 19.9% | 17.5% | ||
| Q4 24 | -0.6% | 18.6% | ||
| Q3 24 | -1.6% | — | ||
| Q2 24 | 8.1% | 17.1% | ||
| Q1 24 | 20.3% | 16.7% |
净利率KHCRJF
| Q4 25 | 10.2% | 13.5% | ||
| Q3 25 | 9.9% | 14.4% | ||
| Q2 25 | -123.2% | 11.3% | ||
| Q1 25 | 11.9% | 12.9% | ||
| Q4 24 | 32.4% | 14.9% | ||
| Q3 24 | -4.5% | 15.0% | ||
| Q2 24 | 1.6% | 13.1% | ||
| Q1 24 | 12.5% | 13.1% |
每股收益（稀释后）KHCRJF
| Q4 25 | $0.56 | $2.79 | ||
| Q3 25 | $0.52 | $2.96 | ||
| Q2 25 | $-6.60 | $2.12 | ||
| Q1 25 | $0.59 | $2.36 | ||
| Q4 24 | $1.76 | $2.86 | ||
| Q3 24 | $-0.24 | $2.85 | ||
| Q2 24 | $0.08 | $2.31 | ||
| Q1 24 | $0.66 | $2.22 |
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 | $2.6B | $9.9B |
| 总债务越低越好 | $19.3B | — |
| 股东权益账面价值 | $41.7B | $12.6B |
| 总资产 | $81.8B | $88.8B |
| 负债/权益比越低杠杆越低 | 0.46× | — |
8季度趋势，按日历期对齐
现金及短期投资KHCRJF
| Q4 25 | $2.6B | $9.9B | ||
| Q3 25 | $3.1B | $11.4B | ||
| Q2 25 | $2.6B | $9.2B | ||
| Q1 25 | $2.8B | $9.7B | ||
| Q4 24 | $1.3B | $10.0B | ||
| Q3 24 | $1.3B | $11.0B | ||
| Q2 24 | $900.0M | $9.1B | ||
| Q1 24 | $1.6B | $10.0B |
总债务KHCRJF
| 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 | — | ||
| Q1 24 | $19.9B | — |
股东权益KHCRJF
| Q4 25 | $41.7B | $12.6B | ||
| Q3 25 | $41.5B | $12.5B | ||
| Q2 25 | $41.4B | $12.3B | ||
| Q1 25 | $49.5B | $12.2B | ||
| Q4 24 | $49.2B | $11.9B | ||
| Q3 24 | $48.3B | $11.7B | ||
| Q2 24 | $48.9B | $11.2B | ||
| Q1 24 | $49.5B | $11.0B |
总资产KHCRJF
| Q4 25 | $81.8B | $88.8B | ||
| Q3 25 | $81.7B | $88.2B | ||
| Q2 25 | $81.6B | $84.8B | ||
| Q1 25 | $90.3B | $83.1B | ||
| Q4 24 | $88.3B | $82.3B | ||
| Q3 24 | $88.6B | $83.0B | ||
| Q2 24 | $88.8B | $80.6B | ||
| Q1 24 | $90.3B | $81.2B |
负债/权益比KHCRJF
| 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× | — | ||
| Q1 24 | 0.40× | — |
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 | $1.4B | $-10.0M |
| 自由现金流经营现金流 - 资本支出 | $1.2B | $-56.0M |
| 自由现金流率自由现金流/营收 | 18.4% | -1.3% |
| 资本支出强度资本支出/营收 | 3.2% | 1.1% |
| 现金转化率经营现金流/净利润 | 2.11× | -0.02× |
| 过去12个月自由现金流最近4个季度 | $3.7B | $1.4B |
8季度趋势，按日历期对齐
经营现金流KHCRJF
| Q4 25 | $1.4B | $-10.0M | ||
| Q3 25 | $1.2B | $796.0M | ||
| Q2 25 | $1.2B | $691.0M | ||
| Q1 25 | $720.0M | $117.0M | ||
| Q4 24 | $1.4B | $830.0M | ||
| Q3 24 | $1.1B | $510.0M | ||
| Q2 24 | $942.0M | $711.0M | ||
| Q1 24 | $771.0M | $391.0M |
自由现金流KHCRJF
| Q4 25 | $1.2B | $-56.0M | ||
| Q3 25 | $986.0M | $752.0M | ||
| Q2 25 | $1.0B | $634.0M | ||
| Q1 25 | $482.0M | $71.0M | ||
| Q4 24 | $1.1B | $789.0M | ||
| Q3 24 | $849.0M | $460.0M | ||
| Q2 24 | $693.0M | $655.0M | ||
| Q1 24 | $477.0M | $342.0M |
自由现金流率KHCRJF
| Q4 25 | 18.4% | -1.3% | ||
| Q3 25 | 15.8% | 17.9% | ||
| Q2 25 | 16.1% | 16.5% | ||
| Q1 25 | 8.0% | 1.8% | ||
| Q4 24 | 17.4% | 19.6% | ||
| Q3 24 | 13.3% | 11.5% | ||
| Q2 24 | 10.7% | 17.4% | ||
| Q1 24 | 7.4% | 9.4% |
资本支出强度KHCRJF
| Q4 25 | 3.2% | 1.1% | ||
| Q3 25 | 2.7% | 1.1% | ||
| Q2 25 | 2.9% | 1.5% | ||
| Q1 25 | 4.0% | 1.2% | ||
| Q4 24 | 3.8% | 1.0% | ||
| Q3 24 | 3.7% | 1.2% | ||
| Q2 24 | 3.8% | 1.5% | ||
| Q1 24 | 4.6% | 1.3% |
现金转化率KHCRJF
| Q4 25 | 2.11× | -0.02× | ||
| Q3 25 | 1.88× | 1.32× | ||
| Q2 25 | — | 1.58× | ||
| Q1 25 | 1.01× | 0.24× | ||
| Q4 24 | 0.65× | 1.38× | ||
| Q3 24 | — | 0.85× | ||
| Q2 24 | 9.24× | 1.45× | ||
| Q1 24 | 0.96× | 0.82× |
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
| Taste Elevation | $2.9B | 46% |
| Easy Ready Meals | $1.1B | 17% |
| Hydration | $471.0M | 7% |
| Cheese | $440.0M | 7% |
| Meats | $438.0M | 7% |
| Substantial Snacking | $351.0M | 6% |
| Desserts | $332.0M | 5% |
| Coffee | $221.0M | 3% |
| Other Platform | $127.0M | 2% |
RJF
暂无分部数据
