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KinderCare Learning Companies, Inc.（KLC）与Sabre Corp（SABR）财务数据对比。点击上方公司名可切换其他公司
KinderCare Learning Companies, Inc.的季度营收约是Sabre Corp的1.1倍（$676.8M vs $592.0M），KinderCare Learning Companies, Inc.净利率更高（0.7% vs -17.5%，领先18.2%），Sabre Corp同比增速更快（2.9% vs 0.8%）
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。
Sabre Corporation是总部位于美国得克萨斯州南湖的旅游科技公司，也是全球最大的航空预订全球分销系统（GDS）服务商。其核心产品Sabre全球分销系统作为中立中介，连接航司、酒店等旅游供应商与旅行社等旅游销售方，提供实时库存与价格信息，是企业差旅管理领域的重要服务商。
KLC vs SABR — 直观对比
营收规模更大
KLC
是对方的1.1倍
$592.0M
营收增速更快
SABR
高出2.1%
0.8%
净利率更高
KLC
高出18.2%
-17.5%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $676.8M | $592.0M |
| 净利润 | $4.5M | $-103.5M |
| 毛利率 | — | 55.4% |
| 营业利润率 | 3.9% | 1.6% |
| 净利率 | 0.7% | -17.5% |
| 营收同比 | 0.8% | 2.9% |
| 净利润同比 | -67.4% | -38.6% |
| 每股收益（稀释后） | $0.04 | $-0.08 |
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KLCSABR
| Q4 25 | — | $592.0M | ||
| Q3 25 | $676.8M | $715.2M | ||
| Q2 25 | $700.1M | $687.1M | ||
| Q1 25 | $668.2M | $776.6M | ||
| Q4 24 | $647.0M | $575.6M | ||
| Q3 24 | $671.5M | $691.3M | ||
| Q2 24 | — | $695.0M | ||
| Q1 24 | — | $782.9M |
净利润KLCSABR
| Q4 25 | — | $-103.5M | ||
| Q3 25 | $4.5M | $848.5M | ||
| Q2 25 | $38.6M | $-256.5M | ||
| Q1 25 | $21.2M | $35.5M | ||
| Q4 24 | $-133.6M | $-74.7M | ||
| Q3 24 | $14.0M | $-62.8M | ||
| Q2 24 | — | $-69.8M | ||
| Q1 24 | — | $-71.5M |
毛利率KLCSABR
| Q4 25 | — | 55.4% | ||
| Q3 25 | — | 56.2% | ||
| Q2 25 | — | 56.9% | ||
| Q1 25 | — | 57.0% | ||
| Q4 24 | — | 58.8% | ||
| Q3 24 | — | 57.4% | ||
| Q2 24 | — | 57.8% | ||
| Q1 24 | — | 59.0% |
营业利润率KLCSABR
| Q4 25 | — | 1.6% | ||
| Q3 25 | 3.9% | 13.1% | ||
| Q2 25 | 9.8% | 13.0% | ||
| Q1 25 | 7.3% | 13.3% | ||
| Q4 24 | -13.8% | 6.5% | ||
| Q3 24 | 8.1% | 8.4% | ||
| Q2 24 | — | 7.0% | ||
| Q1 24 | — | 12.5% |
净利率KLCSABR
| Q4 25 | — | -17.5% | ||
| Q3 25 | 0.7% | 118.6% | ||
| Q2 25 | 5.5% | -37.3% | ||
| Q1 25 | 3.2% | 4.6% | ||
| Q4 24 | -20.6% | -13.0% | ||
| Q3 24 | 2.1% | -9.1% | ||
| Q2 24 | — | -10.0% | ||
| Q1 24 | — | -9.1% |
每股收益（稀释后）KLCSABR
| Q4 25 | — | $-0.08 | ||
| Q3 25 | $0.04 | $1.98 | ||
| Q2 25 | $0.33 | $-0.65 | ||
| Q1 25 | $0.18 | $0.09 | ||
| Q4 24 | $-1.17 | $-0.20 | ||
| Q3 24 | $0.15 | $-0.16 | ||
| Q2 24 | — | $-0.18 | ||
| Q1 24 | — | $-0.19 |
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 | $791.6M |
| 总债务越低越好 | $930.9M | $4.3B |
| 股东权益账面价值 | $931.2M | $-1.0B |
| 总资产 | $3.9B | $4.5B |
| 负债/权益比越低杠杆越低 | 1.00× | — |
8季度趋势，按日历期对齐
现金及短期投资KLCSABR
| Q4 25 | — | $791.6M | ||
| Q3 25 | $174.7M | $661.7M | ||
| Q2 25 | $119.0M | $426.1M | ||
| Q1 25 | $131.3M | $651.1M | ||
| Q4 24 | $62.3M | $724.5M | ||
| Q3 24 | $137.2M | $668.8M | ||
| Q2 24 | — | $612.6M | ||
| Q1 24 | — | $629.1M |
总债务KLCSABR
| Q4 25 | — | $4.3B | ||
| Q3 25 | $930.9M | $4.2B | ||
| Q2 25 | $926.5M | $5.1B | ||
| Q1 25 | $927.4M | $5.0B | ||
| Q4 24 | $926.0M | $5.0B | ||
| Q3 24 | $1.5B | $4.9B | ||
| Q2 24 | — | $4.9B | ||
| Q1 24 | — | $5.1B |
股东权益KLCSABR
| Q4 25 | — | $-1.0B | ||
| Q3 25 | $931.2M | $-950.8M | ||
| Q2 25 | $924.3M | $-1.8B | ||
| Q1 25 | $884.9M | $-1.6B | ||
| Q4 24 | $864.5M | $-1.6B | ||
| Q3 24 | $235.6M | $-1.5B | ||
| Q2 24 | — | $-1.5B | ||
| Q1 24 | — | $-1.4B |
总资产KLCSABR
| Q4 25 | — | $4.5B | ||
| Q3 25 | $3.9B | $4.4B | ||
| Q2 25 | $3.8B | $4.4B | ||
| Q1 25 | $3.7B | $4.7B | ||
| Q4 24 | $3.6B | $4.6B | ||
| Q3 24 | $3.7B | $4.7B | ||
| Q2 24 | — | $4.7B | ||
| Q1 24 | — | $4.7B |
负债/权益比KLCSABR
| Q4 25 | — | — | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | 1.07× | — | ||
| Q3 24 | 6.42× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $62.6M | — |
| 自由现金流率自由现金流/营收 | 9.2% | — |
| 资本支出强度资本支出/营收 | 5.6% | 4.0% |
| 现金转化率经营现金流/净利润 | 22.15× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流KLCSABR
| Q4 25 | — | — | ||
| Q3 25 | $100.8M | $33.7M | ||
| Q2 25 | $35.0M | — | ||
| Q1 25 | $98.4M | $-80.6M | ||
| Q4 24 | — | $75.7M | ||
| Q3 24 | — | $24.4M | ||
| Q2 24 | — | $38.2M | ||
| Q1 24 | — | $-68.1M |
自由现金流KLCSABR
| Q4 25 | — | — | ||
| Q3 25 | $62.6M | $13.4M | ||
| Q2 25 | $671.0K | — | ||
| Q1 25 | $75.1M | $-98.5M | ||
| Q4 24 | — | $61.0M | ||
| Q3 24 | — | $5.1M | ||
| Q2 24 | — | $20.4M | ||
| Q1 24 | — | $-95.8M |
自由现金流率KLCSABR
| Q4 25 | — | — | ||
| Q3 25 | 9.2% | 1.9% | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 11.2% | -12.7% | ||
| Q4 24 | — | 10.6% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | -12.2% |
资本支出强度KLCSABR
| Q4 25 | — | 4.0% | ||
| Q3 25 | 5.6% | 2.8% | ||
| Q2 25 | 4.9% | 3.1% | ||
| Q1 25 | 3.5% | 2.3% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 2.6% | ||
| Q1 24 | — | 3.5% |
现金转化率KLCSABR
| Q4 25 | — | — | ||
| Q3 25 | 22.15× | 0.04× | ||
| Q2 25 | 0.91× | — | ||
| Q1 25 | 4.65× | -2.27× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
SABR
| Distribution | $526.8M | 89% |
| Other | $65.2M | 11% |
