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KinderCare Learning Companies, Inc.（KLC）与Martin Marietta Materials（MLM）财务数据对比。点击上方公司名可切换其他公司
Martin Marietta Materials的季度营收约是KinderCare Learning Companies, Inc.的1.7倍（$1.1B vs $676.8M），Martin Marietta Materials净利率更高（24.5% vs 0.7%，领先23.8%），KinderCare Learning Companies, Inc.同比增速更快（0.8% vs -30.1%），Martin Marietta Materials自由现金流更多（$424.0M vs $62.6M）
金德凯尔学习公司是1969年成立的美国营利性早教与托育机构运营商，总部位于俄勒冈州波特兰市，服务覆盖全美39个州及华盛顿哥伦比亚特区，目前在全美拥有超1250家教学点，在读儿童约20万人，面向出生6周至12岁的儿童提供教育项目，是俄勒冈州第三大私营企业。
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
KLC vs MLM — 直观对比
营收规模更大
MLM
是对方的1.7倍
$676.8M
营收增速更快
KLC
高出30.9%
-30.1%
净利率更高
MLM
高出23.8%
0.7%
自由现金流更多
MLM
多$361.4M
$62.6M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $676.8M | $1.1B |
| 净利润 | $4.5M | $279.0M |
| 毛利率 | — | 35.0% |
| 营业利润率 | 3.9% | 24.6% |
| 净利率 | 0.7% | 24.5% |
| 营收同比 | 0.8% | -30.1% |
| 净利润同比 | -67.4% | -4.8% |
| 每股收益（稀释后） | $0.04 | $4.59 |
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KLCMLM
| Q4 25 | — | $1.1B | ||
| Q3 25 | $676.8M | $1.8B | ||
| Q2 25 | $700.1M | $1.8B | ||
| Q1 25 | $668.2M | $1.4B | ||
| Q4 24 | $647.0M | $1.6B | ||
| Q3 24 | $671.5M | $1.9B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $1.3B |
净利润KLCMLM
| Q4 25 | — | $279.0M | ||
| Q3 25 | $4.5M | $414.0M | ||
| Q2 25 | $38.6M | $328.0M | ||
| Q1 25 | $21.2M | $116.0M | ||
| Q4 24 | $-133.6M | $293.0M | ||
| Q3 24 | $14.0M | $363.0M | ||
| Q2 24 | — | $294.0M | ||
| Q1 24 | — | $1.0B |
毛利率KLCMLM
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 33.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 24.8% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 31.7% | ||
| Q2 24 | — | 29.3% | ||
| Q1 24 | — | 21.7% |
营业利润率KLCMLM
| Q4 25 | — | 24.6% | ||
| Q3 25 | 3.9% | 27.4% | ||
| Q2 25 | 9.8% | 25.3% | ||
| Q1 25 | 7.3% | 14.3% | ||
| Q4 24 | -13.8% | 24.4% | ||
| Q3 24 | 8.1% | 25.9% | ||
| Q2 24 | — | 22.6% | ||
| Q1 24 | — | — |
净利率KLCMLM
| Q4 25 | — | 24.5% | ||
| Q3 25 | 0.7% | 22.4% | ||
| Q2 25 | 5.5% | 18.1% | ||
| Q1 25 | 3.2% | 8.6% | ||
| Q4 24 | -20.6% | 18.0% | ||
| Q3 24 | 2.1% | 19.2% | ||
| Q2 24 | — | 16.7% | ||
| Q1 24 | — | 83.5% |
每股收益（稀释后）KLCMLM
| Q4 25 | — | $4.59 | ||
| Q3 25 | $0.04 | $6.85 | ||
| Q2 25 | $0.33 | $5.43 | ||
| Q1 25 | $0.18 | $1.90 | ||
| Q4 24 | $-1.17 | $4.87 | ||
| Q3 24 | $0.15 | $5.91 | ||
| Q2 24 | — | $4.76 | ||
| Q1 24 | — | $16.87 |
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 | $174.7M | $67.0M |
| 总债务越低越好 | $930.9M | $5.3B |
| 股东权益账面价值 | $931.2M | $10.0B |
| 总资产 | $3.9B | $18.7B |
| 负债/权益比越低杠杆越低 | 1.00× | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资KLCMLM
| Q4 25 | — | $67.0M | ||
| Q3 25 | $174.7M | $57.0M | ||
| Q2 25 | $119.0M | $225.0M | ||
| Q1 25 | $131.3M | $101.0M | ||
| Q4 24 | $62.3M | $670.0M | ||
| Q3 24 | $137.2M | $52.0M | ||
| Q2 24 | — | $109.0M | ||
| Q1 24 | — | $2.6B |
总债务KLCMLM
| Q4 25 | — | $5.3B | ||
| Q3 25 | $930.9M | $5.5B | ||
| Q2 25 | $926.5M | $5.4B | ||
| Q1 25 | $927.4M | $5.4B | ||
| Q4 24 | $926.0M | $5.4B | ||
| Q3 24 | $1.5B | $4.0B | ||
| Q2 24 | — | $4.3B | ||
| Q1 24 | — | $4.3B |
股东权益KLCMLM
| Q4 25 | — | $10.0B | ||
| Q3 25 | $931.2M | $9.7B | ||
| Q2 25 | $924.3M | $9.4B | ||
| Q1 25 | $884.9M | $9.1B | ||
| Q4 24 | $864.5M | $9.5B | ||
| Q3 24 | $235.6M | $9.2B | ||
| Q2 24 | — | $8.8B | ||
| Q1 24 | — | $8.9B |
总资产KLCMLM
| Q4 25 | — | $18.7B | ||
| Q3 25 | $3.9B | $18.7B | ||
| Q2 25 | $3.8B | $18.1B | ||
| Q1 25 | $3.7B | $17.7B | ||
| Q4 24 | $3.6B | $18.2B | ||
| Q3 24 | $3.7B | $16.5B | ||
| Q2 24 | — | $16.3B | ||
| Q1 24 | — | $16.2B |
负债/权益比KLCMLM
| Q4 25 | — | 0.53× | ||
| Q3 25 | 1.00× | 0.57× | ||
| Q2 25 | 1.00× | 0.58× | ||
| Q1 25 | 1.05× | 0.60× | ||
| Q4 24 | 1.07× | 0.57× | ||
| Q3 24 | 6.42× | 0.44× | ||
| Q2 24 | — | 0.49× | ||
| Q1 24 | — | 0.49× |
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 | $100.8M | $629.0M |
| 自由现金流经营现金流 - 资本支出 | $62.6M | $424.0M |
| 自由现金流率自由现金流/营收 | 9.2% | 37.2% |
| 资本支出强度资本支出/营收 | 5.6% | 18.0% |
| 现金转化率经营现金流/净利润 | 22.15× | 2.25× |
| 过去12个月自由现金流最近4个季度 | — | $978.0M |
8季度趋势，按日历期对齐
经营现金流KLCMLM
| Q4 25 | — | $629.0M | ||
| Q3 25 | $100.8M | $551.0M | ||
| Q2 25 | $35.0M | $387.0M | ||
| Q1 25 | $98.4M | $218.0M | ||
| Q4 24 | — | $686.0M | ||
| Q3 24 | — | $600.0M | ||
| Q2 24 | — | $1.0M | ||
| Q1 24 | — | $172.0M |
自由现金流KLCMLM
| Q4 25 | — | $424.0M | ||
| Q3 25 | $62.6M | $361.0M | ||
| Q2 25 | $671.0K | $208.0M | ||
| Q1 25 | $75.1M | $-15.0M | ||
| Q4 24 | — | $453.0M | ||
| Q3 24 | — | $317.0M | ||
| Q2 24 | — | $-138.0M | ||
| Q1 24 | — | $-28.0M |
自由现金流率KLCMLM
| Q4 25 | — | 37.2% | ||
| Q3 25 | 9.2% | 19.6% | ||
| Q2 25 | 0.1% | 11.5% | ||
| Q1 25 | 11.2% | -1.1% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | — | 16.8% | ||
| Q2 24 | — | -7.8% | ||
| Q1 24 | — | -2.2% |
资本支出强度KLCMLM
| Q4 25 | — | 18.0% | ||
| Q3 25 | 5.6% | 10.3% | ||
| Q2 25 | 4.9% | 9.9% | ||
| Q1 25 | 3.5% | 17.2% | ||
| Q4 24 | — | 14.3% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 7.9% | ||
| Q1 24 | — | 16.0% |
现金转化率KLCMLM
| Q4 25 | — | 2.25× | ||
| Q3 25 | 22.15× | 1.33× | ||
| Q2 25 | 0.91× | 1.18× | ||
| Q1 25 | 4.65× | 1.88× | ||
| Q4 24 | — | 2.34× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.16× |
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
KLC
| Early Childhood Education Centers | $627.0M | 93% |
| Before And After School Sites | $49.8M | 7% |
MLM
| Building Materials Business East Group | $774.0M | 68% |
| Building Materials Business West Group | $233.0M | 20% |
| Services | $88.0M | 8% |
| Other | $45.0M | 4% |
