vs
CarMax（KMX）与PILGRIMS PRIDE CORP（PPC）财务数据对比。点击上方公司名可切换其他公司
CarMax的季度营收约是PILGRIMS PRIDE CORP的1.3倍（$5.8B vs $4.5B），PILGRIMS PRIDE CORP净利率更高（1.9% vs 1.1%，领先0.9%），PILGRIMS PRIDE CORP同比增速更快（3.3% vs -6.9%），CarMax自由现金流更多（$1.1B vs $10.0M），过去两年PILGRIMS PRIDE CORP的营收复合增速更高（1.8% vs 1.5%）
CarMax是美国知名二手车零售企业，下设两大业务板块：零售运营业务与汽车金融服务。该品牌最初是电路城公司的副业项目，1993年9月在弗吉尼亚州里士满开设首家门店，截至2025年1月在全美共运营253家线下门店。
Pilgrim's Pride是美国跨国食品企业，为美国及波多黎各最大的鸡肉生产商之一，同时是墨西哥第二大鸡肉生产商。公司2009年12月脱离破产状态，2011年将美国总部迁至科罗拉多州格里利，由JBS集团控股，2016年11月底以3.5亿美元收购Gold'n Plump。
KMX vs PPC — 直观对比
营收规模更大
KMX
是对方的1.3倍
$4.5B
营收增速更快
PPC
高出10.2%
-6.9%
净利率更高
PPC
高出0.9%
1.1%
自由现金流更多
KMX
多$1.1B
$10.0M
两年增速更快
PPC
近两年复合增速
1.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.8B | $4.5B |
| 净利润 | $62.2M | $88.0M |
| 毛利率 | 10.2% | 9.5% |
| 营业利润率 | — | 4.5% |
| 净利率 | 1.1% | 1.9% |
| 营收同比 | -6.9% | 3.3% |
| 净利润同比 | -50.4% | -62.7% |
| 每股收益（稀释后） | $0.43 | $0.37 |
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KMXPPC
| Q4 25 | $5.8B | $4.5B | ||
| Q3 25 | $6.6B | $4.8B | ||
| Q2 25 | $7.5B | $4.8B | ||
| Q1 25 | $6.0B | $4.5B | ||
| Q4 24 | $6.2B | $4.4B | ||
| Q3 24 | $7.0B | $4.6B | ||
| Q2 24 | $7.1B | $4.6B | ||
| Q1 24 | $5.6B | $4.4B |
净利润KMXPPC
| Q4 25 | $62.2M | $88.0M | ||
| Q3 25 | $95.4M | $342.8M | ||
| Q2 25 | $210.4M | $355.5M | ||
| Q1 25 | $89.9M | $296.0M | ||
| Q4 24 | $125.4M | $235.9M | ||
| Q3 24 | $132.8M | $349.9M | ||
| Q2 24 | $152.4M | $326.3M | ||
| Q1 24 | $50.3M | $174.4M |
毛利率KMXPPC
| Q4 25 | 10.2% | 9.5% | ||
| Q3 25 | 10.9% | 13.9% | ||
| Q2 25 | 11.8% | 15.0% | ||
| Q1 25 | 11.1% | 12.4% | ||
| Q4 24 | 10.9% | 12.7% | ||
| Q3 24 | 10.8% | 14.9% | ||
| Q2 24 | 11.1% | 15.2% | ||
| Q1 24 | 10.4% | 8.8% |
营业利润率KMXPPC
| Q4 25 | — | 4.5% | ||
| Q3 25 | — | 10.4% | ||
| Q2 25 | — | 10.8% | ||
| Q1 25 | 2.0% | 9.1% | ||
| Q4 24 | 2.7% | 7.0% | ||
| Q3 24 | 2.5% | 11.1% | ||
| Q2 24 | 2.9% | 9.7% | ||
| Q1 24 | 1.2% | 5.7% |
净利率KMXPPC
| Q4 25 | 1.1% | 1.9% | ||
| Q3 25 | 1.4% | 7.2% | ||
| Q2 25 | 2.8% | 7.5% | ||
| Q1 25 | 1.5% | 6.6% | ||
| Q4 24 | 2.0% | 5.4% | ||
| Q3 24 | 1.9% | 7.6% | ||
| Q2 24 | 2.1% | 7.2% | ||
| Q1 24 | 0.9% | 4.0% |
每股收益（稀释后）KMXPPC
| Q4 25 | $0.43 | $0.37 | ||
| Q3 25 | $0.64 | $1.44 | ||
| Q2 25 | $1.38 | $1.49 | ||
| Q1 25 | $0.58 | $1.24 | ||
| Q4 24 | $0.81 | $1.00 | ||
| Q3 24 | $0.85 | $1.47 | ||
| Q2 24 | $0.97 | $1.37 | ||
| Q1 24 | $0.31 | $0.73 |
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 | $204.9M | $640.2M |
| 总债务越低越好 | $16.6B | $3.1B |
| 股东权益账面价值 | $6.1B | $3.7B |
| 总资产 | $25.6B | $10.3B |
| 负债/权益比越低杠杆越低 | 2.74× | 0.84× |
8季度趋势，按日历期对齐
现金及短期投资KMXPPC
| Q4 25 | $204.9M | $640.2M | ||
| Q3 25 | $540.4M | $612.6M | ||
| Q2 25 | $262.8M | $849.0M | ||
| Q1 25 | $247.0M | $2.1B | ||
| Q4 24 | $271.9M | $2.0B | ||
| Q3 24 | $524.7M | $1.9B | ||
| Q2 24 | $218.9M | $1.3B | ||
| Q1 24 | $574.1M | $870.8M |
总债务KMXPPC
| Q4 25 | $16.6B | $3.1B | ||
| Q3 25 | $17.8B | $3.1B | ||
| Q2 25 | $18.0B | $3.1B | ||
| Q1 25 | $18.1B | $3.2B | ||
| Q4 24 | $18.1B | $3.2B | ||
| Q3 24 | $18.1B | $3.2B | ||
| Q2 24 | $18.2B | $3.2B | ||
| Q1 24 | $18.0B | $3.3B |
股东权益KMXPPC
| Q4 25 | $6.1B | $3.7B | ||
| Q3 25 | $6.2B | $3.5B | ||
| Q2 25 | $6.3B | $3.7B | ||
| Q1 25 | $6.2B | $3.1B | ||
| Q4 24 | $6.2B | $4.2B | ||
| Q3 24 | $6.2B | $4.2B | ||
| Q2 24 | $6.2B | $3.7B | ||
| Q1 24 | $6.1B | $3.5B |
总资产KMXPPC
| Q4 25 | $25.6B | $10.3B | ||
| Q3 25 | $27.1B | $10.0B | ||
| Q2 25 | $27.4B | $10.1B | ||
| Q1 25 | $27.4B | $11.0B | ||
| Q4 24 | $27.3B | $10.7B | ||
| Q3 24 | $27.3B | $10.7B | ||
| Q2 24 | $27.2B | $10.1B | ||
| Q1 24 | $27.2B | $9.8B |
负债/权益比KMXPPC
| Q4 25 | 2.74× | 0.84× | ||
| Q3 25 | 2.87× | 0.87× | ||
| Q2 25 | 2.86× | 0.83× | ||
| Q1 25 | 2.91× | 1.02× | ||
| Q4 24 | 2.92× | 0.76× | ||
| Q3 24 | 2.93× | 0.76× | ||
| Q2 24 | 2.95× | 0.85× | ||
| Q1 24 | 2.96× | 0.96× |
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 | $1.3B | $291.2M |
| 自由现金流经营现金流 - 资本支出 | $1.1B | $10.0M |
| 自由现金流率自由现金流/营收 | 19.2% | 0.2% |
| 资本支出强度资本支出/营收 | 2.4% | 6.2% |
| 现金转化率经营现金流/净利润 | 20.14× | 3.31× |
| 过去12个月自由现金流最近4个季度 | $1.9B | $653.1M |
8季度趋势，按日历期对齐
经营现金流KMXPPC
| Q4 25 | $1.3B | $291.2M | ||
| Q3 25 | $785.5M | $458.3M | ||
| Q2 25 | $299.5M | $495.2M | ||
| Q1 25 | $146.4M | $126.9M | ||
| Q4 24 | $-23.4M | $349.3M | ||
| Q3 24 | $619.1M | $651.1M | ||
| Q2 24 | $-117.7M | $718.6M | ||
| Q1 24 | $309.6M | $271.0M |
自由现金流KMXPPC
| Q4 25 | $1.1B | $10.0M | ||
| Q3 25 | $654.0M | $275.9M | ||
| Q2 25 | $162.8M | $339.1M | ||
| Q1 25 | $18.8M | $28.1M | ||
| Q4 24 | $-150.6M | $176.6M | ||
| Q3 24 | $509.9M | $565.3M | ||
| Q2 24 | $-221.6M | $617.7M | ||
| Q1 24 | $199.8M | $171.9M |
自由现金流率KMXPPC
| Q4 25 | 19.2% | 0.2% | ||
| Q3 25 | 9.9% | 5.8% | ||
| Q2 25 | 2.2% | 7.1% | ||
| Q1 25 | 0.3% | 0.6% | ||
| Q4 24 | -2.4% | 4.0% | ||
| Q3 24 | 7.3% | 12.3% | ||
| Q2 24 | -3.1% | 13.5% | ||
| Q1 24 | 3.6% | 3.9% |
资本支出强度KMXPPC
| Q4 25 | 2.4% | 6.2% | ||
| Q3 25 | 2.0% | 3.8% | ||
| Q2 25 | 1.8% | 3.3% | ||
| Q1 25 | 2.1% | 2.2% | ||
| Q4 24 | 2.0% | 4.0% | ||
| Q3 24 | 1.6% | 1.9% | ||
| Q2 24 | 1.5% | 2.2% | ||
| Q1 24 | 2.0% | 2.3% |
现金转化率KMXPPC
| Q4 25 | 20.14× | 3.31× | ||
| Q3 25 | 8.24× | 1.34× | ||
| Q2 25 | 1.42× | 1.39× | ||
| Q1 25 | 1.63× | 0.43× | ||
| Q4 24 | -0.19× | 1.48× | ||
| Q3 24 | 4.66× | 1.86× | ||
| Q2 24 | -0.77× | 2.20× | ||
| Q1 24 | 6.16× | 1.55× |
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
KMX
| Used Vehicles | $4.5B | 78% |
| Wholesale Vehicles | $1.1B | 19% |
| Other | $150.6M | 3% |
| Extendedprotectionplan Domain | $96.6M | 2% |
| Advertising Subscription Revenues Domain | $35.1M | 1% |
| Service Domain | $18.5M | 0% |
| Thirdpartyfinancefees Domain | $3.0M | 0% |
PPC
| Retail | $1.5B | 33% |
| Europe Reportable Segment | $1.4B | 31% |
| Food Service | $889.2M | 20% |
| Prepared Product | $332.8M | 7% |
| Product Export | $122.7M | 3% |
| Other Sales Channel | $96.0M | 2% |
| Other Product And Service | $79.7M | 2% |
| Related Party | $21.7M | 0% |
| Seara Meats B.V. | $18.9M | 0% |
| Penasul UKLTD | $10.3M | 0% |
| JBSUSA Food Company | $5.4M | 0% |
