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Knife River Corp（KNF）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是Knife River Corp的1.6倍（$1.2B vs $755.1M），利氏兄弟拍卖行净利率更高（9.1% vs 4.2%，领先4.9%），Knife River Corp同比增速更快（14.9% vs 5.4%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $138.2M），过去两年Knife River Corp的营收复合增速更高（51.4% vs 6.3%）
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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
KNF vs RBA — 直观对比
营收规模更大
RBA
是对方的1.6倍
$755.1M
营收增速更快
KNF
高出9.5%
5.4%
净利率更高
RBA
高出4.9%
4.2%
自由现金流更多
RBA
多$48.3M
$138.2M
两年增速更快
KNF
近两年复合增速
6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $755.1M | $1.2B |
| 净利润 | $32.0M | $109.7M |
| 毛利率 | 19.2% | — |
| 营业利润率 | 8.6% | 14.7% |
| 净利率 | 4.2% | 9.1% |
| 营收同比 | 14.9% | 5.4% |
| 净利润同比 | 37.6% | -7.4% |
| 每股收益（稀释后） | $0.56 | $0.53 |
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KNFRBA
| Q4 25 | $755.1M | $1.2B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $833.8M | $1.2B | ||
| Q1 25 | $353.5M | $1.1B | ||
| Q4 24 | $657.2M | $1.1B | ||
| Q3 24 | $1.1B | $981.8M | ||
| Q2 24 | $806.9M | $1.1B | ||
| Q1 24 | $329.6M | $1.1B |
净利润KNFRBA
| Q4 25 | $32.0M | $109.7M | ||
| Q3 25 | $143.2M | $95.5M | ||
| Q2 25 | $50.6M | $109.8M | ||
| Q1 25 | $-68.7M | $113.4M | ||
| Q4 24 | $23.3M | $118.5M | ||
| Q3 24 | $148.1M | $76.1M | ||
| Q2 24 | $77.9M | $111.1M | ||
| Q1 24 | $-47.6M | $107.4M |
毛利率KNFRBA
| Q4 25 | 19.2% | — | ||
| Q3 25 | 23.6% | — | ||
| Q2 25 | 18.9% | — | ||
| Q1 25 | -2.7% | — | ||
| Q4 24 | 17.4% | — | ||
| Q3 24 | 24.7% | — | ||
| Q2 24 | 21.8% | — | ||
| Q1 24 | 2.0% | — |
营业利润率KNFRBA
| Q4 25 | 8.6% | 14.7% | ||
| Q3 25 | 17.9% | 14.5% | ||
| Q2 25 | 10.6% | 15.9% | ||
| Q1 25 | -23.4% | 17.1% | ||
| Q4 24 | 6.7% | 18.1% | ||
| Q3 24 | 18.9% | 15.6% | ||
| Q2 24 | 14.5% | 18.4% | ||
| Q1 24 | -16.3% | 18.7% |
净利率KNFRBA
| Q4 25 | 4.2% | 9.1% | ||
| Q3 25 | 11.9% | 8.7% | ||
| Q2 25 | 6.1% | 9.3% | ||
| Q1 25 | -19.4% | 10.2% | ||
| Q4 24 | 3.5% | 10.4% | ||
| Q3 24 | 13.4% | 7.8% | ||
| Q2 24 | 9.7% | 10.1% | ||
| Q1 24 | -14.5% | 10.1% |
每股收益（稀释后）KNFRBA
| Q4 25 | $0.56 | $0.53 | ||
| Q3 25 | $2.52 | $0.43 | ||
| Q2 25 | $0.89 | $0.53 | ||
| Q1 25 | $-1.21 | $0.55 | ||
| Q4 24 | $0.42 | $0.58 | ||
| Q3 24 | $2.60 | $0.36 | ||
| Q2 24 | $1.37 | $0.54 | ||
| Q1 24 | $-0.84 | $0.53 |
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 | $531.5M |
| 总债务越低越好 | $1.2B | $2.3B |
| 股东权益账面价值 | $1.6B | $5.6B |
| 总资产 | $3.7B | $12.1B |
| 负债/权益比越低杠杆越低 | 0.71× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资KNFRBA
| Q4 25 | $73.8M | $531.5M | ||
| Q3 25 | $30.7M | $674.7M | ||
| Q2 25 | $26.6M | $710.2M | ||
| Q1 25 | $86.1M | $578.1M | ||
| Q4 24 | $236.8M | $533.9M | ||
| Q3 24 | $220.4M | $650.7M | ||
| Q2 24 | $15.5M | $599.5M | ||
| Q1 24 | $128.4M | $462.8M |
总债务KNFRBA
| Q4 25 | $1.2B | $2.3B | ||
| Q3 25 | $1.2B | $2.6B | ||
| Q2 25 | $1.4B | $2.6B | ||
| Q1 25 | $1.2B | $2.6B | ||
| Q4 24 | $677.4M | $2.6B | ||
| Q3 24 | $678.5M | $2.7B | ||
| Q2 24 | $679.5M | $2.8B | ||
| Q1 24 | $680.6M | $2.9B |
股东权益KNFRBA
| Q4 25 | $1.6B | $5.6B | ||
| Q3 25 | $1.6B | $5.5B | ||
| Q2 25 | $1.5B | $5.5B | ||
| Q1 25 | $1.4B | $5.3B | ||
| Q4 24 | $1.5B | $5.2B | ||
| Q3 24 | $1.4B | $5.2B | ||
| Q2 24 | $1.3B | $5.2B | ||
| Q1 24 | $1.2B | $5.1B |
总资产KNFRBA
| Q4 25 | $3.7B | $12.1B | ||
| Q3 25 | $3.7B | $12.2B | ||
| Q2 25 | $3.6B | $12.2B | ||
| Q1 25 | $3.3B | $11.9B | ||
| Q4 24 | $2.9B | $11.8B | ||
| Q3 24 | $2.9B | $11.9B | ||
| Q2 24 | $2.7B | $12.1B | ||
| Q1 24 | $2.5B | $12.0B |
负债/权益比KNFRBA
| Q4 25 | 0.71× | 0.42× | ||
| Q3 25 | 0.74× | 0.47× | ||
| Q2 25 | 0.93× | 0.47× | ||
| Q1 25 | 0.83× | 0.50× | ||
| Q4 24 | 0.46× | 0.50× | ||
| Q3 24 | 0.47× | 0.52× | ||
| Q2 24 | 0.52× | 0.55× | ||
| Q1 24 | 0.56× | 0.58× |
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 | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $138.2M | $186.5M |
| 自由现金流率自由现金流/营收 | 18.3% | 15.5% |
| 资本支出强度资本支出/营收 | 7.6% | 5.7% |
| 现金转化率经营现金流/净利润 | 6.12× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $-69.6M | $719.2M |
8季度趋势，按日历期对齐
经营现金流KNFRBA
| Q4 25 | $195.9M | $255.2M | ||
| Q3 25 | $250.4M | $239.7M | ||
| Q2 25 | $-42.6M | $326.5M | ||
| Q1 25 | $-125.3M | $156.8M | ||
| Q4 24 | $172.4M | $184.5M | ||
| Q3 24 | $239.7M | $285.4M | ||
| Q2 24 | $-46.6M | $337.3M | ||
| Q1 24 | $-43.2M | $124.8M |
自由现金流KNFRBA
| Q4 25 | $138.2M | $186.5M | ||
| Q3 25 | $188.7M | $188.5M | ||
| Q2 25 | $-196.2M | $241.7M | ||
| Q1 25 | $-200.2M | $102.5M | ||
| Q4 24 | $127.2M | $127.9M | ||
| Q3 24 | $216.1M | $248.5M | ||
| Q2 24 | $-106.5M | $308.6M | ||
| Q1 24 | $-86.9M | $79.6M |
自由现金流率KNFRBA
| Q4 25 | 18.3% | 15.5% | ||
| Q3 25 | 15.7% | 17.3% | ||
| Q2 25 | -23.5% | 20.4% | ||
| Q1 25 | -56.6% | 9.2% | ||
| Q4 24 | 19.3% | 11.2% | ||
| Q3 24 | 19.6% | 25.3% | ||
| Q2 24 | -13.2% | 28.2% | ||
| Q1 24 | -26.4% | 7.5% |
资本支出强度KNFRBA
| Q4 25 | 7.6% | 5.7% | ||
| Q3 25 | 5.1% | 4.7% | ||
| Q2 25 | 18.4% | 7.2% | ||
| Q1 25 | 21.2% | 4.9% | ||
| Q4 24 | 6.9% | 5.0% | ||
| Q3 24 | 2.1% | 3.8% | ||
| Q2 24 | 7.4% | 2.6% | ||
| Q1 24 | 13.3% | 4.2% |
现金转化率KNFRBA
| Q4 25 | 6.12× | 2.33× | ||
| Q3 25 | 1.75× | 2.51× | ||
| Q2 25 | -0.84× | 2.97× | ||
| Q1 25 | — | 1.38× | ||
| Q4 24 | 7.41× | 1.56× | ||
| Q3 24 | 1.62× | 3.75× | ||
| Q2 24 | -0.60× | 3.04× | ||
| Q1 24 | — | 1.16× |
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
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% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
