vs
卡夫亨氏（KHC）与Ross Stores（ROST）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Ross Stores的1.1倍（$6.4B vs $5.6B），卡夫亨氏净利率更高（10.2% vs 9.1%，领先1.1%），Ross Stores同比增速更快（10.4% vs -3.4%），卡夫亨氏自由现金流更多（$1.2B vs $617.8M），过去两年卡夫亨氏的营收复合增速更高（-0.4% vs -3.6%）
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。
Ross Stores, Inc.是美国知名折扣百货连锁集团，旗下核心品牌为Ross Dress for Less，总部位于加利福尼亚州都柏林，是美国规模最大的平价零售商。截至2024年7月，集团在全美43个州、华盛顿特区、波多黎各及关岛共运营1795家门店，暂未覆盖新英格兰地区及阿拉斯加，另拥有门店数超353家的折扣零售品牌DD's Discounts。
KHC vs ROST — 直观对比
营收规模更大
KHC
是对方的1.1倍
$5.6B
营收增速更快
ROST
高出13.8%
-3.4%
净利率更高
KHC
高出1.1%
9.1%
自由现金流更多
KHC
多$553.2M
$617.8M
两年增速更快
KHC
近两年复合增速
-3.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.4B | $5.6B |
| 净利润 | $651.0M | $511.9M |
| 毛利率 | 32.6% | 28.0% |
| 营业利润率 | 17.1% | 11.6% |
| 净利率 | 10.2% | 9.1% |
| 营收同比 | -3.4% | 10.4% |
| 净利润同比 | -69.5% | 4.7% |
| 每股收益（稀释后） | $0.56 | $1.58 |
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KHCROST
| Q4 25 | $6.4B | $5.6B | ||
| Q3 25 | $6.2B | $5.5B | ||
| Q2 25 | $6.4B | $5.0B | ||
| Q1 25 | $6.0B | $5.9B | ||
| Q4 24 | $6.6B | $5.1B | ||
| Q3 24 | $6.4B | $5.3B | ||
| Q2 24 | $6.5B | $4.9B | ||
| Q1 24 | $6.4B | $6.0B |
净利润KHCROST
| Q4 25 | $651.0M | $511.9M | ||
| Q3 25 | $615.0M | $508.0M | ||
| Q2 25 | $-7.8B | $479.2M | ||
| Q1 25 | $712.0M | $586.8M | ||
| Q4 24 | $2.1B | $488.8M | ||
| Q3 24 | $-290.0M | $527.1M | ||
| Q2 24 | $102.0M | $488.0M | ||
| Q1 24 | $801.0M | $609.7M |
毛利率KHCROST
| Q4 25 | 32.6% | 28.0% | ||
| Q3 25 | 31.9% | 27.6% | ||
| Q2 25 | 34.4% | 28.2% | ||
| Q1 25 | 34.4% | 26.5% | ||
| Q4 24 | 34.1% | 28.3% | ||
| Q3 24 | 34.2% | 28.3% | ||
| Q2 24 | 35.4% | 28.1% | ||
| Q1 24 | 35.0% | 27.3% |
营业利润率KHCROST
| Q4 25 | 17.1% | 11.6% | ||
| Q3 25 | 16.4% | 11.5% | ||
| Q2 25 | -125.5% | 12.2% | ||
| Q1 25 | 19.9% | 12.4% | ||
| Q4 24 | -0.6% | 11.9% | ||
| Q3 24 | -1.6% | 12.5% | ||
| Q2 24 | 8.1% | 12.2% | ||
| Q1 24 | 20.3% | 13.2% |
净利率KHCROST
| Q4 25 | 10.2% | 9.1% | ||
| Q3 25 | 9.9% | 9.2% | ||
| Q2 25 | -123.2% | 9.6% | ||
| Q1 25 | 11.9% | 9.9% | ||
| Q4 24 | 32.4% | 9.6% | ||
| Q3 24 | -4.5% | 10.0% | ||
| Q2 24 | 1.6% | 10.0% | ||
| Q1 24 | 12.5% | 10.1% |
每股收益（稀释后）KHCROST
| Q4 25 | $0.56 | $1.58 | ||
| Q3 25 | $0.52 | $1.56 | ||
| Q2 25 | $-6.60 | $1.47 | ||
| Q1 25 | $0.59 | $1.79 | ||
| Q4 24 | $1.76 | $1.48 | ||
| Q3 24 | $-0.24 | $1.59 | ||
| Q2 24 | $0.08 | $1.46 | ||
| Q1 24 | $0.66 | $1.82 |
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 | $4.1B |
| 总债务越低越好 | $19.3B | $1.5B |
| 股东权益账面价值 | $41.7B | $5.9B |
| 总资产 | $81.8B | $15.4B |
| 负债/权益比越低杠杆越低 | 0.46× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资KHCROST
| Q4 25 | $2.6B | $4.1B | ||
| Q3 25 | $3.1B | $3.8B | ||
| Q2 25 | $2.6B | $3.8B | ||
| Q1 25 | $2.8B | $4.7B | ||
| Q4 24 | $1.3B | $4.3B | ||
| Q3 24 | $1.3B | $4.7B | ||
| Q2 24 | $900.0M | $4.7B | ||
| Q1 24 | $1.6B | $4.9B |
总债务KHCROST
| Q4 25 | $19.3B | $1.5B | ||
| Q3 25 | $19.3B | $1.5B | ||
| Q2 25 | $19.3B | $1.5B | ||
| Q1 25 | $20.9B | $2.2B | ||
| Q4 24 | $19.2B | $2.2B | ||
| Q3 24 | $19.4B | $2.5B | ||
| Q2 24 | $19.3B | $2.5B | ||
| Q1 24 | $19.9B | $2.5B |
股东权益KHCROST
| Q4 25 | $41.7B | $5.9B | ||
| Q3 25 | $41.5B | $5.7B | ||
| Q2 25 | $41.4B | $5.6B | ||
| Q1 25 | $49.5B | $5.5B | ||
| Q4 24 | $49.2B | $5.3B | ||
| Q3 24 | $48.3B | $5.1B | ||
| Q2 24 | $48.9B | $4.9B | ||
| Q1 24 | $49.5B | $4.9B |
总资产KHCROST
| Q4 25 | $81.8B | $15.4B | ||
| Q3 25 | $81.7B | $14.5B | ||
| Q2 25 | $81.6B | $14.3B | ||
| Q1 25 | $90.3B | $14.9B | ||
| Q4 24 | $88.3B | $14.9B | ||
| Q3 24 | $88.6B | $14.7B | ||
| Q2 24 | $88.8B | $14.5B | ||
| Q1 24 | $90.3B | $14.3B |
负债/权益比KHCROST
| Q4 25 | 0.46× | 0.26× | ||
| Q3 25 | 0.47× | 0.26× | ||
| Q2 25 | 0.47× | 0.27× | ||
| Q1 25 | 0.42× | 0.40× | ||
| Q4 24 | 0.39× | 0.42× | ||
| Q3 24 | 0.40× | 0.48× | ||
| Q2 24 | 0.39× | 0.50× | ||
| Q1 24 | 0.40× | 0.51× |
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 | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $1.2B | $617.8M |
| 自由现金流率自由现金流/营收 | 18.4% | 11.0% |
| 资本支出强度资本支出/营收 | 3.2% | 3.7% |
| 现金转化率经营现金流/净利润 | 2.11× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $3.7B | $2.0B |
8季度趋势，按日历期对齐
经营现金流KHCROST
| Q4 25 | $1.4B | $827.1M | ||
| Q3 25 | $1.2B | $668.4M | ||
| Q2 25 | $1.2B | $409.7M | ||
| Q1 25 | $720.0M | $882.6M | ||
| Q4 24 | $1.4B | $513.4M | ||
| Q3 24 | $1.1B | $592.1M | ||
| Q2 24 | $942.0M | $368.9M | ||
| Q1 24 | $771.0M | $948.8M |
自由现金流KHCROST
| Q4 25 | $1.2B | $617.8M | ||
| Q3 25 | $986.0M | $466.6M | ||
| Q2 25 | $1.0B | $202.3M | ||
| Q1 25 | $482.0M | $676.6M | ||
| Q4 24 | $1.1B | $333.0M | ||
| Q3 24 | $849.0M | $394.6M | ||
| Q2 24 | $693.0M | $232.7M | ||
| Q1 24 | $477.0M | $726.4M |
自由现金流率KHCROST
| Q4 25 | 18.4% | 11.0% | ||
| Q3 25 | 15.8% | 8.4% | ||
| Q2 25 | 16.1% | 4.1% | ||
| Q1 25 | 8.0% | 11.4% | ||
| Q4 24 | 17.4% | 6.6% | ||
| Q3 24 | 13.3% | 7.5% | ||
| Q2 24 | 10.7% | 4.8% | ||
| Q1 24 | 7.4% | 12.1% |
资本支出强度KHCROST
| Q4 25 | 3.2% | 3.7% | ||
| Q3 25 | 2.7% | 3.6% | ||
| Q2 25 | 2.9% | 4.2% | ||
| Q1 25 | 4.0% | 3.5% | ||
| Q4 24 | 3.8% | 3.6% | ||
| Q3 24 | 3.7% | 3.7% | ||
| Q2 24 | 3.8% | 2.8% | ||
| Q1 24 | 4.6% | 3.7% |
现金转化率KHCROST
| Q4 25 | 2.11× | 1.62× | ||
| Q3 25 | 1.88× | 1.32× | ||
| Q2 25 | — | 0.85× | ||
| Q1 25 | 1.01× | 1.50× | ||
| Q4 24 | 0.65× | 1.05× | ||
| Q3 24 | — | 1.12× | ||
| Q2 24 | 9.24× | 0.76× | ||
| Q1 24 | 0.96× | 1.56× |
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% |
ROST
暂无分部数据
