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Knife River Corp（KNF）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Knife River Corp的季度营收约是Cloudflare, Inc.的1.2倍（$755.1M vs $614.5M），Knife River Corp净利率更高（4.2% vs -2.0%，领先6.2%），Cloudflare, Inc.同比增速更快（33.6% vs 14.9%），Knife River Corp自由现金流更多（$138.2M vs $105.2M），过去两年Knife River Corp的营收复合增速更高（51.4% vs 27.4%）
哥伦比亚河刀具工具公司（CRKT）是1994年成立的美国刀具企业，总部位于美国俄勒冈州图拉丁，主营各类刀具相关产品，目前由罗德·布雷默担任总裁兼销售主管，佩吉·布雷默担任财务主管。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
KNF vs NET — 直观对比
营收规模更大
KNF
是对方的1.2倍
$614.5M
营收增速更快
NET
高出18.7%
14.9%
净利率更高
KNF
高出6.2%
-2.0%
自由现金流更多
KNF
多$33.0M
$105.2M
两年增速更快
KNF
近两年复合增速
27.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $755.1M | $614.5M |
| 净利润 | $32.0M | $-12.1M |
| 毛利率 | 19.2% | 73.6% |
| 营业利润率 | 8.6% | -8.0% |
| 净利率 | 4.2% | -2.0% |
| 营收同比 | 14.9% | 33.6% |
| 净利润同比 | 37.6% | 6.0% |
| 每股收益（稀释后） | $0.56 | $-0.03 |
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KNFNET
| Q4 25 | $755.1M | $614.5M | ||
| Q3 25 | $1.2B | $562.0M | ||
| Q2 25 | $833.8M | $512.3M | ||
| Q1 25 | $353.5M | $479.1M | ||
| Q4 24 | $657.2M | $459.9M | ||
| Q3 24 | $1.1B | $430.1M | ||
| Q2 24 | $806.9M | $401.0M | ||
| Q1 24 | $329.6M | $378.6M |
净利润KNFNET
| Q4 25 | $32.0M | $-12.1M | ||
| Q3 25 | $143.2M | $-1.3M | ||
| Q2 25 | $50.6M | $-50.4M | ||
| Q1 25 | $-68.7M | $-38.5M | ||
| Q4 24 | $23.3M | $-12.8M | ||
| Q3 24 | $148.1M | $-15.3M | ||
| Q2 24 | $77.9M | $-15.1M | ||
| Q1 24 | $-47.6M | $-35.5M |
毛利率KNFNET
| Q4 25 | 19.2% | 73.6% | ||
| Q3 25 | 23.6% | 74.0% | ||
| Q2 25 | 18.9% | 74.9% | ||
| Q1 25 | -2.7% | 75.9% | ||
| Q4 24 | 17.4% | 76.4% | ||
| Q3 24 | 24.7% | 77.7% | ||
| Q2 24 | 21.8% | 77.8% | ||
| Q1 24 | 2.0% | 77.5% |
营业利润率KNFNET
| Q4 25 | 8.6% | -8.0% | ||
| Q3 25 | 17.9% | -6.7% | ||
| Q2 25 | 10.6% | -13.1% | ||
| Q1 25 | -23.4% | -11.1% | ||
| Q4 24 | 6.7% | -7.5% | ||
| Q3 24 | 18.9% | -7.2% | ||
| Q2 24 | 14.5% | -8.7% | ||
| Q1 24 | -16.3% | -14.4% |
净利率KNFNET
| Q4 25 | 4.2% | -2.0% | ||
| Q3 25 | 11.9% | -0.2% | ||
| Q2 25 | 6.1% | -9.8% | ||
| Q1 25 | -19.4% | -8.0% | ||
| Q4 24 | 3.5% | -2.8% | ||
| Q3 24 | 13.4% | -3.6% | ||
| Q2 24 | 9.7% | -3.8% | ||
| Q1 24 | -14.5% | -9.4% |
每股收益（稀释后）KNFNET
| Q4 25 | $0.56 | $-0.03 | ||
| Q3 25 | $2.52 | $0.00 | ||
| Q2 25 | $0.89 | $-0.15 | ||
| Q1 25 | $-1.21 | $-0.11 | ||
| Q4 24 | $0.42 | $-0.05 | ||
| Q3 24 | $2.60 | $-0.04 | ||
| Q2 24 | $1.37 | $-0.04 | ||
| Q1 24 | $-0.84 | $-0.10 |
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 | $73.8M | $943.5M |
| 总债务越低越好 | $1.2B | — |
| 股东权益账面价值 | $1.6B | $1.5B |
| 总资产 | $3.7B | $6.0B |
| 负债/权益比越低杠杆越低 | 0.71× | — |
8季度趋势，按日历期对齐
现金及短期投资KNFNET
| Q4 25 | $73.8M | $943.5M | ||
| Q3 25 | $30.7M | $1.1B | ||
| Q2 25 | $26.6M | $1.5B | ||
| Q1 25 | $86.1M | $204.5M | ||
| Q4 24 | $236.8M | $147.7M | ||
| Q3 24 | $220.4M | $182.9M | ||
| Q2 24 | $15.5M | $157.0M | ||
| Q1 24 | $128.4M | $254.4M |
总债务KNFNET
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $677.4M | — | ||
| Q3 24 | $678.5M | — | ||
| Q2 24 | $679.5M | — | ||
| Q1 24 | $680.6M | — |
股东权益KNFNET
| Q4 25 | $1.6B | $1.5B | ||
| Q3 25 | $1.6B | $1.3B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.5B | $1.0B | ||
| Q3 24 | $1.4B | $973.1M | ||
| Q2 24 | $1.3B | $881.5M | ||
| Q1 24 | $1.2B | $797.2M |
总资产KNFNET
| Q4 25 | $3.7B | $6.0B | ||
| Q3 25 | $3.7B | $5.8B | ||
| Q2 25 | $3.6B | $5.6B | ||
| Q1 25 | $3.3B | $3.7B | ||
| Q4 24 | $2.9B | $3.3B | ||
| Q3 24 | $2.9B | $3.1B | ||
| Q2 24 | $2.7B | $2.9B | ||
| Q1 24 | $2.5B | $2.8B |
负债/权益比KNFNET
| Q4 25 | 0.71× | — | ||
| Q3 25 | 0.74× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.46× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.52× | — | ||
| Q1 24 | 0.56× | — |
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 | $195.9M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $138.2M | $105.2M |
| 自由现金流率自由现金流/营收 | 18.3% | 17.1% |
| 资本支出强度资本支出/营收 | 7.6% | 13.9% |
| 现金转化率经营现金流/净利润 | 6.12× | — |
| 过去12个月自由现金流最近4个季度 | $-69.6M | $287.5M |
8季度趋势，按日历期对齐
经营现金流KNFNET
| Q4 25 | $195.9M | $190.4M | ||
| Q3 25 | $250.4M | $167.1M | ||
| Q2 25 | $-42.6M | $99.8M | ||
| Q1 25 | $-125.3M | $145.8M | ||
| Q4 24 | $172.4M | $127.3M | ||
| Q3 24 | $239.7M | $104.7M | ||
| Q2 24 | $-46.6M | $74.8M | ||
| Q1 24 | $-43.2M | $73.6M |
自由现金流KNFNET
| Q4 25 | $138.2M | $105.2M | ||
| Q3 25 | $188.7M | $82.5M | ||
| Q2 25 | $-196.2M | $39.9M | ||
| Q1 25 | $-200.2M | $59.9M | ||
| Q4 24 | $127.2M | $54.2M | ||
| Q3 24 | $216.1M | $54.5M | ||
| Q2 24 | $-106.5M | $45.2M | ||
| Q1 24 | $-86.9M | $41.5M |
自由现金流率KNFNET
| Q4 25 | 18.3% | 17.1% | ||
| Q3 25 | 15.7% | 14.7% | ||
| Q2 25 | -23.5% | 7.8% | ||
| Q1 25 | -56.6% | 12.5% | ||
| Q4 24 | 19.3% | 11.8% | ||
| Q3 24 | 19.6% | 12.7% | ||
| Q2 24 | -13.2% | 11.3% | ||
| Q1 24 | -26.4% | 11.0% |
资本支出强度KNFNET
| Q4 25 | 7.6% | 13.9% | ||
| Q3 25 | 5.1% | 15.1% | ||
| Q2 25 | 18.4% | 11.7% | ||
| Q1 25 | 21.2% | 17.9% | ||
| Q4 24 | 6.9% | 15.9% | ||
| Q3 24 | 2.1% | 11.7% | ||
| Q2 24 | 7.4% | 7.4% | ||
| Q1 24 | 13.3% | 8.5% |
现金转化率KNFNET
| Q4 25 | 6.12× | — | ||
| Q3 25 | 1.75× | — | ||
| Q2 25 | -0.84× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 7.41× | — | ||
| Q3 24 | 1.62× | — | ||
| Q2 24 | -0.60× | — | ||
| 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
KNF
| Services | $347.2M | 46% |
| Ready Mix Concrete | $88.4M | 12% |
| Contracting Services Public Sector | $80.2M | 11% |
| Aggregates | $73.9M | 10% |
| Energy Services Segment | $56.2M | 7% |
| Liquid Asphalt | $49.1M | 7% |
| Other | $43.2M | 6% |
| Asphalt | $22.7M | 3% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
