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KLA Corporation（KLAC）与Restaurant Brands International Inc.（QSR）财务数据对比。点击上方公司名可切换其他公司
KLA Corporation的季度营收约是Restaurant Brands International Inc.的1.3倍（$3.3B vs $2.5B），KLA Corporation净利率更高（34.7% vs 6.3%，领先28.5%），Restaurant Brands International Inc.同比增速更快（7.4% vs 7.2%），KLA Corporation自由现金流更多（$1.3B vs $453.0M），过去两年Restaurant Brands International Inc.的营收复合增速更高（19.1% vs 18.2%）
KLA Corporation是总部位于美国加利福尼亚州米尔皮塔斯的企业，主营晶圆制造设备，为半导体及相关纳米电子行业提供过程控制与良率管理系统，产品及服务覆盖晶圆、光罩、集成电路、封装生产从研发到批量制造的全流程。
Restaurant Brands International（简称RBI）是美加合资的跨国快餐控股企业，2014年由汉堡王与加拿大咖啡连锁品牌蒂姆·霍顿斯以125亿美元合并成立，后续先后收购Popeyes、Firehouse Subs两大品牌，现为全球第五大快餐运营商，规模仅次于赛百味、麦当劳、星巴克和百胜餐饮。
KLAC vs QSR — 直观对比
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $2.5B |
| 净利润 | $1.1B | $155.0M |
| 毛利率 | 61.4% | — |
| 营业利润率 | — | 25.2% |
| 净利率 | 34.7% | 6.3% |
| 营收同比 | 7.2% | 7.4% |
| 净利润同比 | 39.0% | -57.1% |
| 每股收益（稀释后） | $8.68 | $0.33 |
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
| Q4 25 | $3.3B | $2.5B | ||
| Q3 25 | $3.2B | $2.4B | ||
| Q2 25 | $3.2B | $2.4B | ||
| Q1 25 | $3.1B | $2.1B | ||
| Q4 24 | $3.1B | $2.3B | ||
| Q3 24 | $2.8B | $2.3B | ||
| Q2 24 | $2.6B | $2.1B | ||
| Q1 24 | $2.4B | $1.7B |
| Q4 25 | $1.1B | $155.0M | ||
| Q3 25 | $1.1B | $436.0M | ||
| Q2 25 | $1.2B | $263.0M | ||
| Q1 25 | $1.1B | $221.0M | ||
| Q4 24 | $824.5M | $361.0M | ||
| Q3 24 | $945.9M | $357.0M | ||
| Q2 24 | $836.4M | $399.0M | ||
| Q1 24 | $601.5M | $328.0M |
| Q4 25 | 61.4% | — | ||
| Q3 25 | 61.3% | — | ||
| Q2 25 | 62.0% | — | ||
| Q1 25 | 61.6% | — | ||
| Q4 24 | 60.3% | — | ||
| Q3 24 | 59.6% | — | ||
| Q2 24 | 60.7% | — | ||
| Q1 24 | 57.9% | 65.2% |
| Q4 25 | — | 25.2% | ||
| Q3 25 | — | 27.1% | ||
| Q2 25 | 41.9% | 20.0% | ||
| Q1 25 | 41.3% | 20.6% | ||
| Q4 24 | 31.6% | 27.7% | ||
| Q3 24 | 38.0% | 25.2% | ||
| Q2 24 | 36.8% | 31.9% | ||
| Q1 24 | 29.7% | 31.3% |
| Q4 25 | 34.7% | 6.3% | ||
| Q3 25 | 34.9% | 17.8% | ||
| Q2 25 | 37.9% | 10.9% | ||
| Q1 25 | 35.5% | 10.5% | ||
| Q4 24 | 26.8% | 15.7% | ||
| Q3 24 | 33.3% | 15.6% | ||
| Q2 24 | 32.6% | 19.2% | ||
| Q1 24 | 25.5% | 18.9% |
| Q4 25 | $8.68 | $0.33 | ||
| Q3 25 | $8.47 | $0.96 | ||
| Q2 25 | $9.04 | $0.57 | ||
| Q1 25 | $8.16 | $0.49 | ||
| Q4 24 | $6.16 | $0.79 | ||
| Q3 24 | $7.01 | $0.79 | ||
| Q2 24 | $6.16 | $0.88 | ||
| Q1 24 | $4.43 | $0.72 |
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 | $2.5B | — |
| 总债务越低越好 | $5.9B | $13.3B |
| 股东权益账面价值 | $5.5B | $3.6B |
| 总资产 | $16.7B | $25.6B |
| 负债/权益比越低杠杆越低 | 1.08× | 3.65× |
8季度趋势，按日历期对齐
| Q4 25 | $2.5B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $1.8B | — |
| Q4 25 | $5.9B | $13.3B | ||
| Q3 25 | $5.9B | $13.5B | ||
| Q2 25 | $5.9B | $13.6B | ||
| Q1 25 | $5.9B | $13.6B | ||
| Q4 24 | $5.9B | $13.6B | ||
| Q3 24 | $5.9B | $13.7B | ||
| Q2 24 | $5.9B | $13.7B | ||
| Q1 24 | $5.9B | $12.9B |
| Q4 25 | $5.5B | $3.6B | ||
| Q3 25 | $5.0B | $3.4B | ||
| Q2 25 | $4.7B | $3.3B | ||
| Q1 25 | $4.0B | $3.1B | ||
| Q4 24 | $3.6B | $3.1B | ||
| Q3 24 | $3.6B | $3.2B | ||
| Q2 24 | $3.4B | $3.1B | ||
| Q1 24 | $3.1B | $3.0B |
| Q4 25 | $16.7B | $25.6B | ||
| Q3 25 | $16.3B | $25.7B | ||
| Q2 25 | $16.1B | $25.7B | ||
| Q1 25 | $15.2B | $24.9B | ||
| Q4 24 | $15.0B | $24.6B | ||
| Q3 24 | $15.7B | $25.1B | ||
| Q2 24 | $15.4B | $24.8B | ||
| Q1 24 | $15.0B | $23.1B |
| Q4 25 | 1.08× | 3.65× | ||
| Q3 25 | 1.18× | 3.99× | ||
| Q2 25 | 1.25× | 4.10× | ||
| Q1 25 | 1.47× | 4.37× | ||
| Q4 24 | 1.64× | 4.39× | ||
| Q3 24 | 1.65× | 4.22× | ||
| Q2 24 | 1.75× | 4.46× | ||
| Q1 24 | 1.90× | 4.35× |
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 | $555.0M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $453.0M |
| 自由现金流率自由现金流/营收 | 38.3% | 18.4% |
| 资本支出强度资本支出/营收 | 3.2% | 4.1% |
| 现金转化率经营现金流/净利润 | 1.19× | 3.58× |
| 过去12个月自由现金流最近4个季度 | $4.4B | $1.4B |
8季度趋势，按日历期对齐
| Q4 25 | $1.4B | $555.0M | ||
| Q3 25 | $1.2B | $592.0M | ||
| Q2 25 | $1.2B | $449.0M | ||
| Q1 25 | $1.1B | $118.0M | ||
| Q4 24 | $849.5M | $481.0M | ||
| Q3 24 | $995.2M | $540.0M | ||
| Q2 24 | $892.6M | $334.0M | ||
| Q1 24 | $910.0M | $148.0M |
| Q4 25 | $1.3B | $453.0M | ||
| Q3 25 | $1.1B | $531.0M | ||
| Q2 25 | $1.1B | $411.0M | ||
| Q1 25 | $990.0M | $54.0M | ||
| Q4 24 | $757.2M | $404.0M | ||
| Q3 24 | $934.8M | $485.0M | ||
| Q2 24 | $831.9M | $291.0M | ||
| Q1 24 | $838.2M | $122.0M |
| Q4 25 | 38.3% | 18.4% | ||
| Q3 25 | 33.2% | 21.7% | ||
| Q2 25 | 33.5% | 17.1% | ||
| Q1 25 | 32.3% | 2.6% | ||
| Q4 24 | 24.6% | 17.6% | ||
| Q3 24 | 32.9% | 21.2% | ||
| Q2 24 | 32.4% | 14.0% | ||
| Q1 24 | 35.5% | 7.0% |
| Q4 25 | 3.2% | 4.1% | ||
| Q3 25 | 3.0% | 2.5% | ||
| Q2 25 | 3.2% | 1.6% | ||
| Q1 25 | 2.7% | 3.0% | ||
| Q4 24 | 3.0% | 3.4% | ||
| Q3 24 | 2.1% | 2.4% | ||
| Q2 24 | 2.4% | 2.1% | ||
| Q1 24 | 3.0% | 1.5% |
| Q4 25 | 1.19× | 3.58× | ||
| Q3 25 | 1.04× | 1.36× | ||
| Q2 25 | 0.97× | 1.71× | ||
| Q1 25 | 0.99× | 0.53× | ||
| Q4 24 | 1.03× | 1.33× | ||
| Q3 24 | 1.05× | 1.51× | ||
| Q2 24 | 1.07× | 0.84× | ||
| Q1 24 | 1.51× | 0.45× |
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
KLAC
| Wafer Inspection | $1.6B | 48% |
| Services | $786.1M | 24% |
| Patterning | $696.2M | 21% |
| Specialty Semiconductor Process | $121.6M | 4% |
| PCB And Component Inspection | $80.3M | 2% |
| Other Revenue | $40.2M | 1% |
QSR
| CA | $1.0B | 41% |
| Other | $330.0M | 13% |
| Advertising | $308.0M | 12% |
| Others | $284.0M | 12% |
| Popeyes Louisiana Kitchen | $195.0M | 8% |
| Burger King | $185.0M | 8% |
| Royalty | $87.0M | 4% |
| Firehouse Subs | $59.0M | 2% |
| Franchisor | $7.0M | 0% |
